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Category: France

  • MIL-OSI: Coface SA: Combined Shareholders’ Meeting on Wednesday, May 14, 2025 at 02.00pm

    Source: GlobeNewswire (MIL-OSI)

    COFACE SA: Combined Shareholders’ Meeting on Wednesday, May 14, 2025
    at 02.00pm

    Paris, April 9, 2025 – 17.45

    COFACE SA’s shareholders are hereby informed that the Combined Shareholders’ Meeting will be held on Wednesday, May 14, 2025 at 02.00pm at the Group’s headquarters and registered office:

    1 Place Costes et Bellonte

    92270 Bois-Colombes – France

    The notice of meeting containing the agenda and draft resolutions was published in the Bulletin des Annonces Légales Obligatoires (French Bulletin of Mandatory Legal Notices – BALO) No.42 on 7 April 2025 (announcement No. 2500820).

    Shareholders may attend the meeting regardless of the number of shares they own, under the conditions described in the notice of meeting.

    We advise the shareholders to:

    • To vote on the resolutions by post or online, using either the postal voting form or the Votaccess platform. They can also appoint the Chairman of the Shareholders’ Meeting to represent them.
    • To submit written questions by registered letter with acknowledgement of receipt at: COFACE SA, for the attention of the Investors Relations department, 1 place Costes et Bellonte, 92270 Bois-Colombes, France or electronically to the following address: investors@coface.com on May 8, 2025, at the latest. To be taken into account, these questions must be accompanied by a book-entry certificate justifying the share ownership.

    All documents that must be disclosed for this Shareholders’ Meeting will be available to the shareholders, within the legal deadlines, on COFACE SA institutional website (www.coface.com) and more precisely under “Investors/General Assembly” (https://www.coface.com/investors/regulated-information/documents-relating-to-the-general-assembly)

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)

    Q1-2025 results: 5 May 2025 (after market close)
    Annual General Shareholders’ Meeting: 14 May 2025
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

      Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is listed in Compartment A of Euronext Paris
    ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 3 April 2025 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    • 2025 04 09 Coface Combined GA from 14 May 2025

    The MIL Network –

    April 10, 2025
  • MIL-OSI Europe: President Meloni meets with business associations to discuss tariffs

    Source: Government of Italy (English)

    The Government received representatives from different industry sectors at Palazzo Chigi today to discuss the tariffs recently introduced by the United States. The meetings, convened and chaired by President of the Council of Ministers Giorgia Meloni, were attended, on behalf of the Government, by the Vice-Presidents of the Council of Ministers, Antonio Tajani and Matteo Salvini (via video link), Ministers Giancarlo Giorgetti, Adolfo Urso, Tommaso Foti and Francesco Lollobrigida, and Undersecretaries of State to the Presidency of the Council of Ministers Alfredo Mantovano and Giovanbattista Fazzolari.

    The first meeting was attended by representatives from Confindustria and the Camera Nazionale della Moda Italiana, after which representatives from Confapi, CNA, Confimi Industria, Confimprese Italia, Legacoop, Confartigianato, Conflavoro, Confcommercio, Confesercenti and Casartigiani were received, followed by the agri-food industry associations Coldiretti, Confagricoltura, Confcooperative, CIA-Agricoltori Italiani, Copagri, Assolatte, Federvini, Unione Italiana Vini, Origin Italia, Federalimentare and Filiera Italia. The Italian Trade and Investment Agency also participated in today’s meetings.

    During the discussions, President Meloni and the Ministers present outlined the proposals under consideration to support the production chains that could be the hardest hit by the imposition of tariffs. The Government and industry sector representatives agreed on the need to avert a trade war between the United States and the EU and to avoid emotional reactions which could amplify the effects of the trade measures in question. In this regard, President Meloni recalled that the challenges Italy intends to explore include removing reciprocal tariffs on existing industrial products with the ‘zero-for-zero’ approach. 

    There was a significant focus on listening to the proposals put forward by the business representatives, with the shared awareness that the challenge being faced is complex and requires the active and responsible engagement of all players involved.

    For this purpose, President Meloni proposed an agreement to the industry sectors to act together in response to the delicate economic situation and to establish working groups to identify a series of measures to support the competitiveness of Italy’s entrepreneurial fabric, to go alongside the initiatives the Government intends to pursue at European level. Today’s discussions were held following yesterday’s meeting of the working group established by President Meloni to analyse the repercussions of the situation on the Italian economy.

    MIL OSI Europe News –

    April 10, 2025
  • MIL-OSI Australia: Experience a taste of France in Canberra

    Source: Northern Territory Police and Fire Services

    The Flute is one of Canberra’s French-style cafes. Image: VisitCanberra

    If the 2024 Olympic Games have you wishing you were in Paris enjoying everything France has to offer, you’re not alone. Fortunately, there are plenty of ways to get your French fix here in Canberra!

    From visiting a delicious French café, to pretending you’re cycling in the Tour de France, find some French inspiration right here.

    Visit a French café

    Canberra is home to many French cafes that will serve you up a French macaroon, eclair and more! Dive headfirst into sweet treats from the following venues:

    Dine at a French Restaurant

    Feeling a bit fancy? Enjoy various French meals and dishes at one of Canberra’s French-inspired restaurants. You may still be in Canberra but your taste buds will take a trip to France.

    Learn French

    Bonjour, au revoir, merci. Did you know over 30 per cent of English words come from the French language? Even if you aren’t planning a trip to France, learning a new language can challenge your mind and even enhance your memory and problem-solving skills.

    Alliance Francaise has a French course for all levels and ages. You can book for a one-on-one class, young learners or adult classes all with different levels and experiences.

    Canberra Institute of Technology also provides French language courses and will teach you speaking, listening, reading and writing. You’ll learn the basics of French as well as appropriate sociocultural knowledge and sensitivity.

    Head to a French art exhibition

    Gauguin’s World: Tōna Iho, Tōna Ao is on display at the National Gallery of Australia from 29 June 2024 until 7 October 2024. Explore French Post-Impressionist Paul Gauguin’s art and controversial legacy through talks, programs, films and his collection of works, plus artwork from contemporary artists from the Pacific.

    The Alliance Francaise also has a gallery of its own. French, Francophiles and Australian artists alike are invited to display their work on the Alliance’s exhibition rooms.

    Enrol in a French cooking class

    Learn to whip up delicious French cuisine in the comfort of your own home. You can learn online or in person and wow your friends and family at your next dinner party.

    The French Cooking Academy allows you to boost your kitchen skills right at home. You’ll learn about iconic French flavours, authentic recipes and upskill your cooking.

    Make your own Tour de France

    The Tour de France is iconic in France and would be a great way to see the country, but unfortunately in Canberra you need to watch from afar. Instead, why not create your own Tour de France right here and explore Canberra by bike? There are many bike paths throughout the city with tracks available for beginners all the way to advanced cyclists.

    Catch Olympic fever at the AIS

    No Paris? No problem. Head over to the Australian Institute of Sport (AIS) Arena for the full Olympic experience. The AIS will host two watch parties for the Olympic Games, where visitors are invited to relax on a bean bag and watch the Games on the big screens. You can also head along to the AIS Visitor Centre to watch the Channel 9 broadcast of the Games. It will be screening until 11 September.

    For more information, read the Our Canberra story.


    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:


    MIL OSI News –

    April 10, 2025
  • MIL-OSI USA: Angola exported more liquefied natural gas to Europe and less to Asia in 2022 and 2023

    Source: US Energy Information Administration

    In-brief analysis

    April 9, 2025


    Angola exported more liquefied natural gas (LNG) to Europe and less to Asia in 2022 and 2023, according to estimates from the Statistical Review of World Energy, when Europe increased LNG imports to offset reduced natural gas imports by pipeline from Russia following the outbreak of the Russia-Ukraine war.

    Prior to 2022, most of Angola’s LNG exports went to the Asia-Pacific region, primarily India. In 2023, however, Europe received 75% of Angola’s total 175 billion cubic feet (Bcf) of LNG exports; France and the United Kingdom were the largest recipients in Europe, taking about 32 Bcf and 28 Bcf, respectively, in 2023. The Asia-Pacific region received the remaining 25%, with India receiving the most at about 35 Bcf for the year.


    Most of the natural gas produced in Angola is associated gas produced at its offshore oil fields. However, a substantial amount of that natural gas is flared as a byproduct of oil operations or is reinjected into oil fields to increase oil recovery. Angola does not import any natural gas because it produces enough natural gas to meet domestic demand. The natural gas that Angola does not consume or flare domestically is exported in the form of LNG.

    Angola LNG Limited (ALNG) owns and operates Angola’s sole LNG export terminal in Soyo, which has a liquefaction capacity of 250 Bcf per year. The LNG facility produced its first cargo of LNG in 2013, but it subsequently shut down as a result of technical failures and did not restart operations until 2016. The LNG facility uses associated gas produced at Angola’s offshore fields as feedstock, and ALNG also plans to draw additional supplies from non-associated gas projects. One such project is the Northern Gas Complex, where operator Eni plans to begin production from the Quiluma and Maboquerio fields in 2026.

    The Northern Gas Complex is Angola’s first non-associated gas project, and Eni aims to develop two offshore platforms, an onshore natural gas-processing plant, and pipelines to transport natural gas from the two fields to the Angola LNG terminal in Soyo. The Northern Gas Complex is expected to reach peak production of about 141 Bcf per year.

    For more on Angola’s energy sector, please see the latest version of the Country Analysis Brief: Angola.

    Principal contributor: Eric Han

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI: Viridien: Availability of the preparatory documents for the Combined General Meeting

    Source: GlobeNewswire (MIL-OSI)

    Viridien

    Société anonyme with a share capital of € 7,161,465

    Registered office : 27 avenue Carnot, 91300 Massy, France

    Evry Trade and Company Register No. 969 202 241

    AVAILABILITY AND CONSULTATION OF THE PREPARATORY DOCUMENTS FOR THE VIRIDIEN COMBINED GENERAL MEETING OF WEDNESDAY, APRIL 30, 2025

    Paris, France – April 9, 2025

    The Combined General Meeting of Viridien (the “Company”) will be held on

    Wednesday, April 30, 2025 at 10.30 a.m.

    at Cloud Business Center, 10 bis rue du Quatre Septembre, 75002 Paris, France.

    The meeting notice published in the Bulletin des Annonces Légales Obligatoires (BALO) on Monday, March 24, 2025 (Bulletin n°36) contains the agenda, draft resolutions and main terms and conditions for taking part in and voting at the Meeting. The convening notice will be published on Friday, April 11, 2025 in the BALO (Bulletin n°44) as well as in Le Parisien.

    The preparatory documents and information relating to the Combined General Meeting will be kept available for the Company’s shareholders in compliance with applicable laws and regulations. The documents and information listed under article R. 22-10-23 of the French Commercial Code are available on the Company’s website at the following address: https://www.viridiengroup.com/investors/shareholders/general-meetings.

    In accordance with Article R. 22-10-29-1 of the French Commercial Code, the General Meeting will be broadcast live in its entirety in the 2025 Shareholders’ Meeting section of the Company’s website: htps://www.viridiengroup.com/investors/shareholders/general-meetings.

    Contact Viridien :                 General Secretary, 27 avenue Carnot, 91300 Massy, France
                                    general.secretary@viridiengroup.com

    Attachment

    • 2025.04.09 – Availability of the preparatory documents for the AGM – vF Notified

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Varonis Names Winners of Global Partners in Excellence Awards

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, April 09, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, today announced the winners of its annual Partners in Excellence awards. The program recognizes channel partners who worked tirelessly in 2024 to deliver Varonis’ top-ranked Data Security Platform to customers worldwide. Varonis leadership selected the winners based on their accomplishments throughout the year.

    “Securing critical data is a top priority for our customers, and our mission at Varonis is to protect sensitive data wherever it lives, across IaaS, SaaS, and hybrid environments,” said Greg Pomeroy, Varonis SVP of Worldwide Sales. “In 2024, our partners used their expertise to help Varonis ensure that customer’s data is secured with automated outcomes delivered via our Data Security Platform. Congratulations to the Partners in Excellence award winners.”

    Winners for North America

    • Partner of the Year — CDW
    • Growth Partner of the Year — Trace3
    • Cloud Partner of the Year — World Wide Technology
    • West Regional Partner of the Year — Optiv Security Inc.
    • East Regional Partner of the Year — GuidePoint Security
    • West Growth Partner of the Year — AHEAD
    • East Growth Partner of the Year — Alchemy Technology Group

    Winners for France

    • Partner of the Year — Metsys
    • Growth Partner of the Year — Orange Cyberdefense
    • Partner Excellence Award — Synetis

    Winners for Central Europe

    • Partner of the Year — SVA
    • Growth Partner of the Year — ORBIT
    • Partner Excellence Award — link protect

    Winners for U.K.

    • Partner of the Year — Softcat Plc
    • Growth Partner of the Year — Saepio Solutions Ltd
    • Partner Excellence Award — Bytes Software Services Ltd

    Winners for Spain and Portugal

    • Partner of the Year — Inspiring Solutions

    Winners for Australia

    • Partner of the Year — CyberCX

    Winners for India

    • Partner of the Year — Hitachi Systems India
    • Distributor of the Year — RAH Infotech

    Winners for Latin America

    • Partner of the Year — Infosec Data Security

    Winners for Italy

    • Partner of the Year — Spike Reply
    • Growth Partner of the Year — Lutech

    Additional Resources

    About Varonis
    Varonis (Nasdaq: VRNS) is the leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI USA: Chairman Guthrie, First Lady Melania Trump, Chairman Bilirakis Join Advocates in Celebrating Committee Passage of TAKE IT DOWN Act

    Source: United States House of Representatives – Representative Gus Bilirakis (FL-12)

    WASHINGTON, D.C. – Today, Congressman Brett Guthrie (KY-02), Chairman of the House Committee on Energy and Commerce, along with advocates for the TAKE IT DOWN Act, issued the following statements of support after the bill was reported out of Committee by a vote of 49 to 1.

    “No man, woman, or child should be subjected to the spread of explicit AI images meant to target and harass innocent victims. I am so thankful for our outstanding advocates and legislators who have worked hard to raise awareness and build a strong coalition to support this bipartisan bill,”said Chairman Guthrie. “Today, the Committee on Energy and Commerce advanced the bill to the full House of Representatives, where I look forward to, once again, voting in favor of the TAKE IT DOWN Act, so that we can send it to the President’s desk for signature.”

    “I remain dedicated to championing child well-being, ensuring that every young person can thrive and ‘Be Best.’ Thank you to the House Energy & Commerce Committee for advancing the TAKE IT DOWN Act. This marks a significant step in our bipartisan efforts to safeguard our children from online threats,” said First Lady Melania Trump. “I urge Congress to swiftly pass this important legislation. Together, we can create a safer, brighter future for all Americans!”

    “I am glad we are one step closer to protecting victims of online sexual exploitation. Giving victims rights to flag non-consensual images and requiring social media companies to remove that content quickly is a pivotal and necessary change to the online landscape,” said Congressman Gus Bilirakis (FL-12), Chairman of the Subcommittee on Commerce, Manufacturing, and Trade. “And by ensuring that AI-generated deep-fake content is included in these protections, Congress is showing its commitment to fighting 21st Century harms that are plaguing our children and grandchildren.”

    “In February, our family mourned the loss of our loving son and brother, Elijah Heacock, after he fell victim to an extortion scheme on the internet,” said Shannon Cronister-Heacock, mother of Elijah Heacock. “We are grateful for the support of Chairman Guthrie and the House Committee on Energy and Commerce for passing the TAKE IT DOWN Act today to ensure that no parent, sibling, or loved one experiences a similar tragedy in the future. This bill honors Elijah’s life, and we are appreciative of Congress’ actions to protect children online and save lives.”

    “I was only fourteen years old when one of my classmates created deepfake, AI nudes of me and distributed them on social media. I was shocked, violated, and felt unsafe going to school. Thankfully, I was able to work with Senator Ted Cruz’s office to write the TAKE IT DOWN Act — and today is an important milestone towards that bill becoming law, so that no other girl has to go through what I went through without legal protections in place,”said Elliston Berry, survivor and advocate. “Thank you to Chairman Guthrie for prioritizing the TAKE IT DOWN Act for committee passage.”

    “At 14, for almost two years, I stood alone, advocating for AI deep fake laws to protect us after my school’s inaction and lack of accountability insulted my self-respect. This journey is dedicated to every woman and teenager who was told to stay silent and move on. It is also a testament to the courageous bipartisan leaders who stood beside me, proving that change is possible. Today, we celebrate a critical step towards the passage of the TAKE IT DOWN Act into federal law,”said Francesca Mani, AI victim turned advocate & TIME100 AI Most Influential Person.“A heartfelt thank you to Chairman Guthrie for standing with us and making swift committee passage possible. We are no longer alone.”

    “Today, we celebrate an important victory with House committee passage of the TAKE IT DOWN Act, a federal safeguard against non-consensual AI-generated intimate images,”said Dorota Mani, an educator, advocate, and mother. “This important legislation, which is now well on its way to the President’s desk, staunchly defends our women and children while preserving every American’s dignity and rights.”

    “Survivors—both minors and adults—deserve protection and justice. Every survivor should be able to report their abuse to law enforcement, have their abuse content removed fully and abusers should be found and held appropriately accountable. Image-based sexual abuse is sexual assault facilitated online. You cannot accidentally sexual assault someone offline and the same should be true for the online. The harms of all forms of image-based sexual abuse—including deepfake abuse—quickly follow that victim home, to school, to work and anywhere they try to exist after such a profound and public trauma,”said Andrea Powell, Co-Founder and Chief of Impact, Alecto AI. “Alecto AI supports the TAKE IT DOWN Act because we believe that in its passage, we will be getting closer to a world where young women and girls don’t have worry that being online means being targets of sexual violence. All survivors deserve protection and justice.” 

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI United Kingdom: Ajay Sharma named new British High Commissioner to Malaysia

    Source: United Kingdom – Government Statements

    World news story

    Ajay Sharma named new British High Commissioner to Malaysia

    Mr Ajay Sharma CMG has been appointed British High Commissioner to Malaysia in succession to Ms Ailsa Terry CMG.

    Mr Ajay Sharma CMG

    This is Ajay’s fourth Head of Mission role. He was the UK Chargé d’affaires to Iran from 2013 to 2015, the British Ambassador to Qatar from 2015 to 2020 and Chargé d’affaires to Turkey from 2022 to 2023. Ajay has also served in Moscow and in Paris as the Deputy Ambassador to France.

    Prior to taking up this role, Ajay was a Director International Affairs in the National Security Secretariat of the Cabinet Office and a Director in the Foreign and Commonwealth and Development Office.

    During his 30-year career as a diplomat, Ajay has been involved in several international negotiations, including as the UK Representative for a Cyprus Settlement from 2021 to 2022 and as the Deputy Negotiator for the Iran Nuclear Deal (JCPOA).

    Born in London, Ajay is a graduate of Oxford University. He is fluent in French and Turkish, and is currently learning Bahasa Melayu.

    Ajay is set to arrive in Malaysia with his family in the next few weeks to commence his appointment. David Wallace remains the Acting High Commissioner until Ajay arrives.

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    Published 9 April 2025

    MIL OSI United Kingdom –

    April 9, 2025
  • MIL-OSI Economics: Buntanetap shows promise in early Parkinson’s with mild dementia, says GlobalData

    Source: GlobalData

    Buntanetap shows promise in early Parkinson’s with mild dementia, says GlobalData

    Posted in Pharma

    At the recently held AD/PD 2025 International Conference on Alzheimer’s and Parkinson’s Diseases (PD), Annovis Bio reported buntanetap’s potential to improve both motor and cognitive functions in early-stage PD patients with mild dementia. This underscores the growing need for effective dementia treatments in PD, noting the drug’s promising sub-group outcomes as a critical step in addressing this significant unmet medical need, says GlobalData, a leading data and analytics company.

    Reportedly, buntanetap failed to reach the primary endpoint in the total intention-to-treat (ITT) population. But, showed potential at improving motor and non-motor functions in patients with early PD and mild dementia.

    Following sub-group analysis of early PD patients with mild dementia, as measured by a Mini Mental State Examination (MMSE) of 20-26, cognitive decline was prevented in patients who received 20mg of buntanetap for six months. In addition, buntanetap demonstrated improvements in MDS-UPDRS Parts I, II, III, and IV, Clinical Global Impression of Severity (CGIS), Wechsler Adult Intelligence Scale fourth edition (WAIS-IV), and Participant Global Impression of Change (PGIC) clinical endpoints, meeting all primary and secondary endpoints in this sub-group. As such, improvements in both cognition and motor function signal a promising therapy for patients with early PD with mild dementia.

    Christie Wong, Managing Neurology Analyst at GlobalData, comments: “The key opinion leaders (KOLs) previously interviewed by GlobalData overwhelmingly cited dementia as the most difficult-to-treat non-motor symptom of PD. The development of more effective therapies for dementia is a major unmet need in PD, as the current therapies provide only modest benefit. KOLs stated that dementia is a common problem in PD patients that further affects medication compliance and remains difficult to treat.”

    However, drug development for this indication has historically been challenging. For example, IRLAB Therapeutics recently announced that while the Montreal Cognitive Assessment (MoCA) indicated an improvement in cognitive impairment for patients treated with 600mg of pirepemat, it did not reach statistical significance in a Phase IIb study (REACT-PD [NCT05258071]).

    Moving forward, Annovis Bio plans to explore biomarkers to differentiate patients with PD from patients without PD, as well as understanding the differences between PD patients with cognitive impairment and patients with Alzheimer’s disease. In addition, the company has requested a Type C meeting with the FDA, with the intention to conduct a randomized, double-blind, placebo-controlled, multi-center Phase II/III study in patients with dementia with Lewy bodies and PD dementia.

    Wong concludes: “In the late-stage pipeline, there are currently three assets that investigate cognitive function in PD patients; buntanetap is set to compete with Anavex’s blarcamesine and IRLAB Therapeutics’ pirepemat. Pipeline agents that address cognitive complications, including PD dementia, will likely see a high initial uptake following approval due to the limited availability of approved treatments for this indication and high unmet need.”

    *7MM = The US, France, Germany, Italy, Spain, the UK, and Japan.

    MIL OSI Economics –

    April 9, 2025
  • MIL-OSI Europe: Written question – The Ciatti case and the need to strengthen cooperation between Europol and national police forces to tackle transnational violent crime – E-001323/2025

    Source: European Parliament

    Question for written answer  E-001323/2025
    to the Commission
    Rule 144
    Francesco Torselli (ECR), Sergio Berlato (ECR), Carlo Ciccioli (ECR), Giovanni Crosetto (ECR), Alberico Gambino (ECR), Chiara Gemma (ECR), Paolo Inselvini (ECR), Denis Nesci (ECR), Michele Picaro (ECR), Mariateresa Vivaldini (ECR)

    Niccolò Ciatti, a young man from Florence, was brutally killed in Lloret-de-Mar, Spain, in 2017, when he was beaten up and kicked in the head outside a nightclub. His killer, Rassoul Bissoultanov, who was sentenced to 15 years in prison in Spain and 23 years in prison in Italy, is still on the run.

    This case has raised concerns about how effective the coordination between police and judicial authorities is in addressing violent crimes that involve citizens from different EU Member States. Despite the seriousness of the case and the broad media impact, the investigations revealed limitations and delays in transnational cooperation between the competent authorities of the different countries.

    Given that cooperation between Europol and national police forces is not always timely and effective, that transnational violent crime is increasing across the EU and that Europol has a central role in coordinating investigations:

    • 1.What steps will the Commission take to tackle complex transnational violent crimes, such as the Ciatti case, and improve cooperation between Europol and national police forces, including during the stages of investigation and monitoring of defendants?
    • 2.Will the Commission address the limited effectiveness of transnational precautionary measures, including by means of real-time ‘data exchange’ systems for surveillance of defendants, in order to prevent them from going on the run?

    Submitted: 31.3.2025

    Last updated: 9 April 2025

    MIL OSI Europe News –

    April 9, 2025
  • MIL-OSI Europe: Written question – Transnational repression in the EU: legal and institutional responses to Iran’s actions – E-001318/2025

    Source: European Parliament

    Question for written answer  E-001318/2025
    to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy
    Rule 144
    Hannah Neumann (Verts/ALE)

    Reports that agents of the Iranian regime have carried out targeted assassinations of Iranian dissidents in Europe raise questions about transnational repression once again. A recently published and subsequently deleted interview[1][2][3] with retired Brigadier-General Mohsen Rafikdust allegedly confirms that the Iranian regime is responsible for political assassinations in European countries, including Germany and France. These new revelations reinforce concerns that Iranian intelligence structures continue to operate actively in EU Member States. In view of the increasing threat of state-sponsored transnational repression, can the Commission answer the following questions:

    • 1.What is the Commission’s current knowledge of transnational repression by Iran in the EU?
    • 2.To what extent are European security authorities specifically monitoring Iranian activities aimed at political assassinations, intimidation or espionage against Iranians in exile, and what measures are in place at EU level to effectively protect Iranians in exile and other dissidents in Member States who are at risk from Iranian transnational repression?
    • 3.To what extent is transnational repression being taken into account in the current negotiations on EU-Iran policy?

    Submitted: 31.3.2025

    • [1] https://www.youtube.com/watch?v=aWfDgAwI9xU&t=7442s (2:16:40).
    • [2] https://www.iranintl.com/en/202503093512.
    • [3] https://x.com/manelimirkhan/status/1899147743731298585?s=46.
    Last updated: 9 April 2025

    MIL OSI Europe News –

    April 9, 2025
  • MIL-OSI: CoinShares Announces Executive Change

    Source: GlobeNewswire (MIL-OSI)

    April 9, 2025 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or “the Group”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), a leading global investment company specialising in digital assets, today announced the departure of Frank Spiteri, Head of Asset Management, and member of the executive committee, from the Group.

    CoinShares’ strong existing team will continue to uphold the high standards that clients and partners have come to expect under the leadership of its executive committee. 

    As part of Mr. Spiteri’s departure arrangements, the Company confirms the following:

    1. Termination of Options: the Company will repurchase 1,019,995 vested stock options previously issued to Mr. Spiteri under the Company’s employee incentive program and such stock options will be cancelled following completion of the transaction outside the market.
    2. Share Repurchase: The Company has entered into an agreement to buy back 435,500 ordinary shares from Mr. Spiteri and his related parties. This repurchase will be executed as a block transaction.
    3. Both transactions were concluded at an average consideration per share of  66.42 SEK

    Each of the transactions have been approved by the Board of Directors and are in compliance with applicable securities regulations.

    CoinShares remains focused on delivering its strategic roadmap and continuing to offer further value to its investors, partners, and shareholders.

    About CoinShares

    CoinShares is a leading global digital asset manager that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Founded in 2013, the firm is headquartered in Jersey, with offices in France, Stockholm, the UK, and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, in the US by the Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

    For more information on CoinShares, please visit: https://coinshares.com
    Company  | +44 (0)1534 513 100 | enquiries@coinshares.com
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com 

    PRESS CONTACT

    CoinShares
    Benoît Pellevoizin
    bpellevoizin@coinshares.com

    M Group Strategic Communications
    Peter Padovano
    coinshares@mgroupsc.com

    The MIL Network –

    April 9, 2025
  • MIL-OSI China: Global markets crash on tariff fears

    Source: China State Council Information Office 3

    Traders work on the floor of the New York Stock Exchange in New York, the United States, April 3, 2025. [Photo/Xinhua]

    Major stock indexes across the globe plunged sharply on Monday, as investors dumped riskier assets amid mounting fears over U.S. President Donald Trump’s sweeping tariffs.

    Panic sentiments took hold of the market once trading opened in the morning. The day of April 7, with similarities to the 1987 stock market crash, is being seen as another “Black Monday” by analysts and the media.

    Washington’s controversial new set of tariffs has stirred tensions since its announcement on Wednesday, hitting global markets hard, sparking backlash from other countries and drawing widespread criticism from economists and investors.

    Global turbulence 

    Major markets across the globe witnessed a turbulent day.

    Three major benchmarks of the U.S. stock market met with major setbacks on Monday.

    The S&P 500 Index, which is composed of 500 leading companies listed in the United States, dived as much as 21.41 percent from its record high on Feb. 19 and entered the technical territory of the bear market in the morning session.

    As of 9:40 a.m. Eastern time (1340 GMT), the Dow Jones Industrial Average lost 2.63 percent, the S&P 500 shed 3.14 percent, and the Nasdaq Composite Index dropped by 3.85 percent.

    Later, false reports that the White House would pause most of Trump’s tariffs for 90 days had pumped up the market, leading to a sudden surge. However, as the White House denied the news, the market declined again. The up and down within hours indicate how desperate investors were for any potential relief from the tariffs.

    All the leading European benchmark indexes opened in the red on Monday, down by 4 to 7 percent compared with the closing prices on the previous trading day.

    Britain’s blue-chip stock index, the FTSE 100, dropped by about 5 percent, France’s CAC 40 went down by over 5 percent, and the pan-European STOXX 600 index dropped over 6 percent in morning trade.

    Germany’s DAX index was among the hardest-hit, opening down by 9.5 percent before paring back part of the losses later in the morning. The significant gains since the beginning of the year have thus been almost completely wiped out.

    The S&P/ASX 200 — Australia’s benchmark share market index — closed down 4.2 percent on Monday in a plunge worth more than 100 billion Australian dollars (60.1 billion U.S. dollars). The Australian Broadcasting Corporation reported that it was the index’s biggest one-day fall since May 2020.

    Singapore’s Straits Times Index on Monday plunged by 8.7 percent at the open. The sharp drop marked the index’s steepest single-day decline since an 8.9 percent plunge during the 2008 global financial crisis, and exceeded the 8.4 percent fall seen in March 2020 amid COVID-19.

    A pedestrian passes a screen showing stock market information in Tokyo, Japan, April 7, 2025. [Photo/Xinhua]

    Fear and fury 

    The aggressive tariffs that triggered the global stock market plunge have drawn widespread criticism of the U.S. government, amid fear and fury across the globe.

    Trump’s tariffs have a shocking effect on stock markets, Gilles Moec, chief economist at AXA Group, told Les Echos, a French economy-specialized daily.

    “This shock has no real precedent in history, which amplifies market volatility because investors have no point of reference,” he said.

    Moec noted that the current damage to global stock markets is “entirely self-inflicted by the U.S. authorities,” unlike past stock market crises which were reflections of then macroeconomic situations.

    Richard Branson, British entrepreneur and co-founder of Virgin Group, said it is time for Washington to change course. “Otherwise, America will face ruin for years to come,” he warned.

    Branson noted that companies should be given enough time to adapt, and the current market response is preventable.

    Hasan Tevfik, a research analyst at advisory firm MST Marquee, also warned of severe consequences for the U.S. economy.

    “The U.S. economy has endured a barrage of headwinds, all self-inflicted, and the end consequence will be a contraction in the economy that was humming along, exceptionally, over the last couple of years,” he told the Australian Financial Review newspaper.

    This photo taken on April 7, 2025 shows a screen at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea. [Photo/Xinhua]

    Independent Australian economist Saul Eslake noted the uncertainty surrounding Trump’s next decisions and what he called the “madness” of the White House. He warned that the impact on the Australian economy was likely to be worse than the Treasury’s forecast that the country is well-placed to avoid a recession despite the “damage” being done by the U.S. tariffs.

    Doom and gloom 

    Investors have lost trillions of dollars since the tariff announcement on Wednesday. Recession odds are rising, and massive trade wars are looming. With no constructive response in sight, market confidence has been severely hit.

    DBS economists in a weekly review released on Monday noted that global markets and economies are still struggling to absorb the seismic tariff shock, with risk aversion and market selloff.

    “The key reason for that is that despite the spate of announcements, there is still substantial fear that more measures are to come. Perhaps more critical is the notion that nations trying to do a deal with the U.S. will not be able to rest easy upon signing agreements, as no deal with the U.S. seems to be reliable any longer,” wrote DBS economists Taimur Baig and Radhika Rao.

    David Gerald, president of the Securities Investors Association (Singapore), told The Straits Times, “If tariffs are sustained, they could contribute to higher inflation and slower global growth, which may in turn trigger further volatility and potential sell-offs in markets globally, including Singapore.”

    Germany’s Friedrich Merz, who is expected to become the next chancellor, also fears that U.S. trade policy could further escalate the turmoil in global stock markets. “The situation on international equity and bond markets is dramatic and threatens to worsen further.”

    JPMorgan Chase CEO Jamie Dimon warned on Monday, “The recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession.”

    MIL OSI China News –

    April 9, 2025
  • MIL-OSI China: Isabelle Huppert presents ‘The Cherry Orchard’ in Shanghai

    Source: China State Council Information Office 3

    Legendary French actress Isabelle Huppert is in Shanghai presenting the French production of Anton Chekhov’s play “The Cherry Orchard” (La Cerisaie) from April 11 to 13.

    Isabelle Huppert (second from left) and co-star Adama Diop (second from right) meet with the media at Shanghai Culture Square on April 8. [Photo by Gao Erqiang/chinadaily.com.cn]

    Huppert and co-star Adama Diop met with the media at Shanghai Culture Square on April 8, where they spoke about their characters, theater, cinema and their experience in China.

    “The Cherry Orchard,” which is the last play of Russian dramatist Anton Chekhov (1860-1904), has been translated into many languages and presented in theaters all over the world since its premiere in Moscow in 1904. The French production was directed by Portuguese director Tiago Rodrigues, and premiered on July 5, 2021 as the opening show of the renowned 75th Festival D’Avignon.

    The play is about Lyubov, a woman played by Huppert, who returns to the family estate after living in Paris for years. The cherry orchard where she and her brother grew up is now about to be sold because of debt. “The theme of the play is the changing times, maybe it just disguises the theme as ‘the end’,” Rodrigues used to say. “We have this impression because it is not always a smooth road before the torrent of the times, and it often takes a large number of victims with it.”

    According to Huppert, Chekhov’s masterpiece explores universal feelings shared by all human beings, which transcends time and culture. The cherry orchard in the play is a philosophical and metaphorical existence, she said. “It can be real, or fictional, and that’s what makes Chekhov a genius. It could be a person, property, or an old place.”

    Huppert made her first performance at Shanghai Culture Square, doing a reading of Marguerite Duras in 2017. “Audiences in Shanghai welcomed me passionately. I felt their enthusiasm and am very happy to return,” said the French actress.

    Earlier this year Huppert participated in a Chinese reality TV show as a guest mentor, and she said that she hoped to have more opportunities working in China, and working with Chinese filmmakers. Huppert has seen quite a lot of films by Chinese directors, and named a few that she particularly liked, such as Jia Zhangke, Bi Gan and Lou Ye.

    She also named the movie Her Story by Shao Yihui, expressing her concerns for the subject of women existence.

    “The Cherry Orchard” was shown in Macao before the show in Shanghai. It will also be performed in Beijing and Nanjing of Jiangsu province.

    MIL OSI China News –

    April 9, 2025
  • MIL-OSI: Orrön Energy publishes it’s Annual and Sustainability Report for 2024

    Source: GlobeNewswire (MIL-OSI)

    Orrön Energy AB (“Orrön Energy”) is pleased to announce the publication of it’s Annual and Sustainability Report for 2024 and encourages shareholders to read or download the report on Orrön Energy’s website, www.orron.com. For shareholders who would like to receive a printed copy of the Annual and Sustainability Report 2024, this can be requested on Orrön Energy’s website or by telephone on +46 8 440 54 50.

    For further information, please contact:

    Robert Eriksson
    Corporate Affairs and Investor Relations
    Tel: +46 701 11 26 15
    robert.eriksson@orron.com

    Jenny Sandström
    Communications Lead
    Tel: +41 79 431 63 68
    jenny.sandstrom@orron.com

    This information is information that Orrön Energy AB is required to make public pursuant to the Swedish Securities Markets Act. The information was submitted for publication at 09.00 CEST on 9 April 2025.

    Orrön Energy is an independent, publicly listed (Nasdaq Stockholm: “ORRON”) renewable energy company within the Lundin Group of Companies. Orrön Energy’s core portfolio consists of high quality, cash flow generating assets in the Nordics, coupled with greenfield growth opportunities in the Nordics, the UK, Germany and France. With significant financial capacity to fund further growth and acquisitions, and backed by a major shareholder, management and Board with a proven track record of investing into, leading and growing highly successful businesses, Orrön Energy is in a unique position to create shareholder value through the energy transition.

    Forward-looking statements
    Statements in this press release relating to any future status or circumstances, including statements regarding future performance, growth and other trend projections, are forward-looking statements. These statements may generally, but not always, be identified by the use of words such as “anticipate”, “believe”, “expect”, “intend”, “plan”, “seek”, “will”, “would” or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that could occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to several factors, many of which are outside the company’s control. Any forward-looking statements in this press release speak only as of the date on which the statements are made and the company has no obligation (and undertakes no obligation) to update or revise any of them, whether as a result of new information, future events or otherwise.

    Attachments

    • OrronEnergy-AR2024-English-Final
    • OrronEnergy-AnnualandSustainabilityReport-2024-sv

    The MIL Network –

    April 9, 2025
  • MIL-OSI: Billionaire Businessman Hasan Abdullah Mohamed Ismaik Unveils New Identity: HAMIC Group

    Source: GlobeNewswire (MIL-OSI)

    ABU DHABI, United Arab Emirates, April 09, 2025 (GLOBE NEWSWIRE) — Visionary entrepreneur and renowned billionaire Hasan Abdullah Mohamed Ismaik has officially launched the new identity of his business conglomerate: HAMIC Group, an acronym for Hasan Abdullah Mohamed Ismaik Capital. This bold new brand represents an elevated vision for the future—rooted in a legacy of excellence and driven by innovation and global ambition.

    Formerly known as the Hasan Ismaik Group, HAMIC Group stands as a testament to over 30 years of success, with a presence in 10 countries and management of more than 25 diverse investment projects. Headquartered in Abu Dhabi, HAMIC Group is a powerhouse of investment and asset management, with a dynamic, diversified portfolio spanning financial investments, real estate, retail, general trading, and hospitality.

    With the UAE as its strategic launchpad, HAMIC Group aims to capitalize on the region’s thriving economy and its status as a global financial and commercial hub. The group is set to scale its legacy to unprecedented heights, advancing regional and international ventures that embody innovation, sustainability, and economic value creation.

    “At this transformative moment in our journey, I am proud to unveil HAMIC Group—a name that reflects our ambition, purpose, and commitment to building a future-ready investment powerhouse,” said Hasan Ismaik, Founder and Chairman of HAMIC Group. “With a portfolio valued in the billions of dollars, we are poised to lead in shaping opportunities, driving growth, and supporting the UAE’s vision of a diversified and sustainable economy.”

    Built on the enduring success of the MARYA Group, which played a pivotal role in shaping real estate, retail, and investment landscapes, HAMIC Group is poised to expand its impact through a distinguished suite of companies including:

    • MARYA Development: Delivering iconic real estate projects in the UAE and globally.
    • SOHO: A leading retail player managing premium assets and brands in fashion and F&B.
    • HII Investments: Specializing in strategic, high-impact financial investments.
    • HAMG General Trading: Powering trade solutions across regional and global markets.

    HAMIC Group’s investment philosophy is deeply rooted in market intelligence, strategic foresight, and a commitment to excellence. The group is uniquely positioned to drive value through sustainable and socially responsible initiatives, with a strong emphasis on enhancing lifestyles and meeting evolving consumer aspirations.

    “Our strategy is aligned with the UAE’s national priorities and global economic trends,” Ismaik added. “HAMIC Group is more than an investment group—it is a catalyst for progress, a platform for innovation, and a legacy in motion.”

    With a clear vision and purpose-driven leadership, HAMIC Group is set to redefine the landscape of modern investment, blending luxury, sustainability, and impact across every venture it undertakes.

    About HAMIC Group:

    Hasan Ismaik Group (HAMIC Group) is a global investment powerhouse with over 30 years of experience, headquartered in the UAE, and managing a multi-billion-dollar portfolio.

    At HAMIC, we believe in the power of innovation and collaboration to transform industries. With a global footprint spanning 10 countries—including the UAE, Saudi Arabia, Jordan, Egypt, Iraq, Bahrain, Turkey, France, Germany, and the United States—we operate more than 25 projects that drive growth and create lasting impact.

    HAMIC Group operates across five key sectors: general investments, real estate, retail, trading, and hospitality. Under its umbrella, HAMIC owns and manages several leading companies, each driving excellence in its respective industry:

    MARYA Development: Elevating life through timeless design and thoughtful craftsmanship. We are committed to developing exceptional properties that redefine urban landscapes, enhance communities, and provide premium living experiences.

    SOHO: Combining luxury retail, fashion, and the F&B industries with a passion for enhancing the customer experience and driving innovation in lifestyle.

    HII & HAMG: Focused on connecting industries through strategic partnerships, driving growth across sectors, and generating financial returns through visionary investment strategies.

    With a proven track record and a visionary brand portfolio, HAMIC Group is shaping the future with uncompromising excellence and a lasting impact.

    Timeless Impact, Driven by Innovation.

    Visit our website: www.HAMIC.com

    For more information, please contact: PR@hamic.com +971 58 291 3443

    Follow us on @HamicGroup

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/18f30f48-b6dd-4bf8-915d-bed03b46eebf

    The MIL Network –

    April 9, 2025
  • MIL-OSI: Aegon announces reset of perpetual subordinated bonds

    Source: GlobeNewswire (MIL-OSI)

    The Hague, April 9, 2025 – Aegon today announces that it will reset the coupon on its EUR 113 million (NLG 250 million) 1.506% perpetual cumulative subordinated bonds (ISIN: NL0000120004, originally issued in 1995, the “bonds”) on June 8, 2025.

    As of June 8, 2005, and every ten years thereafter, Aegon has had the option to either call the bonds or reset the coupon.

    The bonds will continue to be outstanding in accordance with their terms, with the next optional redemption date on June 8, 2035. The new coupon will be published on or around June 3, 2025.

    Contacts

    About Aegon

    Aegon is an international financial services holding company. Aegon’s ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Aegon’s portfolio of businesses includes fully owned businesses in the United States and United Kingdom, and a global asset manager. Aegon also creates value by combining its international expertise with strong local partners via insurance joint-ventures in Spain & Portugal, China, and Brazil, and via asset management partnerships in France and China. In addition, Aegon owns a Bermuda-based life insurer and generates value via a strategic shareholding in a market leading Dutch insurance and pensions company.

    Aegon’s purpose of helping people live their best lives runs through all its activities. As a leading global investor and employer, Aegon seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion & diversity. Aegon is headquartered in The Hague, the Netherlands, domiciled in Bermuda, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at aegon.com.

    Forward-looking statements
    The statements contained in this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, could, is confident, will, and similar expressions as they relate to Aegon. These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties. In addition, any statements that refer to sustainability, environmental and social targets, commitments, goals, efforts and expectations and other events or circumstances that are partially dependent on future events are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially and adversely from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following:

    • Financial risks – Rapidly rising interest rates; Sustained low or negative interest rate levels; Disruptions in the global financial markets and general economic conditions; Elevated levels of inflation; Illiquidity of certain investment assets; Credit risk, declines in value and defaults in Aegon’s debt securities, private placements, mortgage loan portfolios and other instruments or the failure of certain counterparties; Decline in equity markets; Downturn in the real estate market; Default of a major financial market participant; Failure by reinsurers to which Aegon has ceded risk; Downgrade in Aegon’s credit ratings; Fluctuations in currency exchange rates; Unsuccessful management of derivatives; Subjective valuation of Aegon’s investments, allowances and impairments;
    • Underwriting risks – Differences between actual claims experience/underwriting and reserve assumptions; Losses on products with guarantees due to volatile markets; Restrictions on underwriting criteria and the use of data; Unexpected return on offered financial and insurance products; Reinsurance may not be available, affordable, or adequate; Catastrophic events;
    • Operational risks – Competitive factors; Difficulty in acquiring and integrating new businesses or divesting existing operations; Difficulties in distributing and marketing products through its current and future distribution channels; Slow to adapt to and leverage new technologies; Failure of data management and governance; Epidemics or pandemics; Unsuccessful in managing exposure to climate risk; Unidentified or unanticipated risk events; Aegon’s information technology systems may not be resilient against constantly evolving threats; Computer system failure or security breach; Breach of data privacy or security obligations; Inaccuracies in econometric, financial, or actuarial models, or differing interpretations of underlying methodologies; Inaccurate, incomplete or unsuccessful quantitative models, algorithms or calculations; Issues with third-party providers, including events such as bankruptcy, disruption of services, poor performance, non-performance, or standards of service level agreements not being upheld; Inability to attract and retain personnel;
    • Political, regulatory, and supervisory risks – Requirement to increase technical provisions and/or hold higher amounts of regulatory capital as a result of changes in the regulatory environment or changes in rating agency analysis; Political or other instability in a country or geographic region; Changes in accounting standards; Inability of Aegon’s subsidiaries to pay dividends to Aegon Ltd.; Risks of application of intervention measures;
    • Legal and compliance risks – Unfavorable outcomes of legal and arbitration proceedings and regulatory investigations and actions; Changes in government regulations in the jurisdictions in which Aegon operates; Increased attention to sustainability matters and evolving sustainability standards and requirements; Tax risks; Difficulty to effect service of process or to enforce judgments against Aegon in the United States; Inability to manage risks associated with the reform and replacement of benchmark rates; Inability to protect intellectual property;
    • Risks relating to Aegon’s common shares – Volatility of Aegon’s share price; Offering of additional common shares in the future; Significant influence of Vereniging Aegon over Aegon’s corporate actions; Currency fluctuations; Influence of Perpetual Contingent Convertible Securities over the market price for Aegon’s common shares.

    Additionally, Aegon provides some information in this report that is informed by various stakeholder expectations, non-US regulatory requirements, and third-party frameworks. Such information, whether provided here or in Aegon’s other disclosures (including website materials), is not necessarily material for SEC reporting purposes.

    Even in instances where we use “material”, this should not in all instances be deemed to refer to materiality for purposes of our U.S. federal securities filings, as there are various definitions of materiality used by different stakeholders, including but not limited to a more expansive “double materiality” standard pursuant to the European Sustainability Reporting Standards that has informed much of our sustainability disclosure. Similarly, while we leverage various frameworks in our disclosures, we cannot guarantee, and language such as “align” or “follow” is not meant to imply complete alignment with these requirements.

    We similarly cannot guarantee complete alignment with any stakeholder’s interpretation or preference for the measurement or presentation of sustainability or other information in this report. Expectations, as well as our own approach, continue to evolve and may change for a variety of reasons, including regulatory or business requirements or other factors that may not be in our control. Similarly, certain disclosures are based on hypothetical scenarios which may not be reflective of expectations or future events; such scenarios are subject to inherent uncertainty given the long-time frames and breadth of variables involved. As a final note, documents and website references included herein are provided solely for convenience and are not incorporated by reference absent express language to the contrary.

    This document contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation (596/2014). Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority for the Financial Markets and the US Securities and Exchange Commission, including the 2023 Integrated Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Aegon’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

    Attachment

    • 20250409_PR_Aegon announces reset of perpetual subordinated bonds

    The MIL Network –

    April 9, 2025
  • MIL-OSI: RIBER reports solid growth in sales and earnings in 2024

    Source: GlobeNewswire (MIL-OSI)

    RIBER reports solid growth in sales and earnings in 2024

    • Revenues: €41.2m (+5%)
    • Income from ordinary operations: €4.5m, representing 11% of revenues
    • Net income: €4.1m (+21%)
    • Proposed payout of €0.08 per share for 2024 (+14%)

    Bezons, April 9, 2024 – 8:00am – RIBER, the global leader for molecular beam epitaxy (MBE) equipment serving the semiconductor industry, is announcing its full-year results for 2024, marked by solid growth in sales and profitability.

    (€m – at December 31) 2024 2023 Change
    Revenues 41.2 39.3 +4.8%
    MBE systems revenues 31.0 29.0 +7.0%
    Services and accessories revenues 10.2 10.3 -1.2%
    Gross margin
    % of revenues
    14.8
    36.1%
    13.2
    33.7%
    +12.1%
    Income from ordinary operations
    % of revenues
    4.5
    10.9%
    3.9
    10.0%
    +14.4%
    Operating income
    % of revenues
    4.4
    10.6%
    3.9
    10.0%
    +11.3%
    Pre-tax income
    % of revenues
    4.4
    10.6%
    3.6
    9.1%
    +22.5%
    Net income
    % of revenues
    4.1
    10.0%
    3.4
    8.7%
    +21.4%

    Key developments

    In 2024, RIBER achieved its revenues targets, driven by solid growth in MBE system sales. This momentum reflects the strengthening of its positions in the MBE market, for both research and industrial production, as evidenced by the strong order intake during the year, with 13 new MBE systems. In this context, the company’s earnings show a clear improvement compared with the previous year.

    Alongside this, RIBER moved forward with its innovation efforts with the development of ROSIE (RIBER Oxide on SIlicon Epitaxy), a new system dedicated to the silicon photonics sector. Designed to meet the growing demands of optical transmission and reception applications, its commercial launch, scheduled for 2026, opens up new prospects in a fast-growing market. This dynamism is supported by the demand for advanced semiconductor materials dedicated to data transmission and Artificial Intelligence. The technology developed by RIBER will help reduce energy consumption, particularly in data centers.

    Revenues

    Full-year revenues for 2024 increased to €41.2m, up +5% from 2023. Revenues for MBE systems were up +7% to €31.0m for 12 machines delivered, compared with 13 in 2023. Revenues for services and accessories amounted to 10.2 million euros, representing 24.8% of 2024 revenues, and were broadly stable year-on-year.

    Earnings

    The gross margin was €14.8m, up +12.1%, driven by growth in system business.

    Income from ordinary operations was €4.5m, up +14.4% compared with the previous year, thanks to effective control of operating costs. It represents 11% of revenues, compared with 10% in 2023.

    Net income totaled €4.1m, compared with €3.4m in 2023, an increase of +21.4%.

    Cash flow and balance sheet

    The cash position at end-2023 was positive at €8.6m, compared to €9.7m at end-2023.

    Shareholders’ equity totaled €23.6m, up +€2.3m compared with end-2023. This change is driven by the earnings for the year 2024 and the distribution of amounts drawn against the issue premium for 2023 to shareholders.

    Order book

    The order book at December 31, 2024 represented €21.7m, down 17% year-on-year, including 7 MBE systems (€16.7m), of which 5 for production, as well as orders for services and accessories (€5.0m).

    The order book is up after factoring the two new orders announced in January 2025 for a production system in Europe and a research system in the United States, both scheduled for delivery in 2025.

    Outlook

    In view of the uncertainties linked to the application of US customs duties and the economic environment, RIBER is reserving its position on issuing guidance for fiscal year 2025.

    RIBER remains committed to its medium-term objectives. In this context, RIBER is moving forward with its growth strategy by strengthening its technological leadership and expanding its solutions into new high value-added markets, particularly silicon photonics and materials for quantum technologies. These developments will be presented at the next Annual General Meeting on June 18, 2025.

    Distribution of amounts drawn against the “issue premium” account

    The Board of Directors will propose to the June 18, 2025 General Meeting a cash distribution of €0.08 per share, through a partial reimbursement of the issue premium. It will be released for payment on June 25, 2025.

    Next dates

    • April 18, 2025 – 6:00pm:         2024 annual financial report
    • June 18, 2025 – 10:00am:         General Meeting in Paris

    The annual financial statements were approved by the Board of Directors on April 8, 2025. The statutory auditors have completed the audit procedures on the corporate and consolidated accounts. The certification report will be issued once the necessary procedures have been finalized for publishing the full-year financial report.

    In compliance with AMF regulations and the operating rules of Euronext Growth Paris, RIBER will henceforth publish its sales figures on a half-yearly basis, except in the event of significant developments.

    About RIBER

    Founded in 1964, RIBER is the global market leader for MBE – molecular beam epitaxy – equipment. It designs and produces equipment for the semiconductor industry and provides scientific and technical support for its clients (hardware and software), maintaining their equipment and optimizing their performance and output levels. Accelerating the performance of electronics, RIBER’s equipment performs an essential role in the development of advanced semiconductor systems that are used in numerous applications, from information technologies to photonics (lasers, sensors, etc.), 5G telecommunications networks and research, including quantum computing. RIBER is a BPI France-approved innovative company and is listed on the Euronext Growth Paris market (ISIN: FR0000075954).
    www.riber.com

    Contacts

    RIBER : Annie Geoffroy| tel: +33 (0)1 39 96 65 00 | invest@riber.com
    ACTUS FINANCE & COMMUNICATION : Cyril Combe | tel: +33 (0)1 53 65 68 68 | ccombe@actus.fr

    Attachment

    • CP_Riber_Résultats 2024_EN_DEF

    The MIL Network –

    April 9, 2025
  • MIL-OSI China: Global markets plunge as ‘reciprocal tariffs’ spark fears on Black Monday

    Source: China State Council Information Office

    Traders work on the floor of the New York Stock Exchange in New York, the United States, April 3, 2025. [Photo/Xinhua]

    Major stock indexes across the globe plunged sharply on Monday, as investors dumped riskier assets amid mounting fears over U.S. President Donald Trump’s sweeping tariffs.

    Panic sentiments took hold of the market once trading opened in the morning. The day of April 7, with similarities to the 1987 stock market crash, is being seen as another “Black Monday” by analysts and the media.

    Washington’s controversial new set of tariffs has stirred tensions since its announcement on Wednesday, hitting global markets hard, sparking backlash from other countries and drawing widespread criticism from economists and investors.

    Global turbulence 

    Major markets across the globe witnessed a turbulent day.

    Three major benchmarks of the U.S. stock market met with major setbacks on Monday.

    The S&P 500 Index, which is composed of 500 leading companies listed in the United States, dived as much as 21.41 percent from its record high on Feb. 19 and entered the technical territory of the bear market in the morning session.

    As of 9:40 a.m. Eastern time (1340 GMT), the Dow Jones Industrial Average lost 2.63 percent, the S&P 500 shed 3.14 percent, and the Nasdaq Composite Index dropped by 3.85 percent.

    Later, false reports that the White House would pause most of Trump’s tariffs for 90 days had pumped up the market, leading to a sudden surge. However, as the White House denied the news, the market declined again. The up and down within hours indicate how desperate investors were for any potential relief from the tariffs.

    All the leading European benchmark indexes opened in the red on Monday, down by 4 to 7 percent compared with the closing prices on the previous trading day.

    Britain’s blue-chip stock index, the FTSE 100, dropped by about 5 percent, France’s CAC 40 went down by over 5 percent, and the pan-European STOXX 600 index dropped over 6 percent in morning trade.

    Germany’s DAX index was among the hardest-hit, opening down by 9.5 percent before paring back part of the losses later in the morning. The significant gains since the beginning of the year have thus been almost completely wiped out.

    The S&P/ASX 200 — Australia’s benchmark share market index — closed down 4.2 percent on Monday in a plunge worth more than 100 billion Australian dollars (60.1 billion U.S. dollars). The Australian Broadcasting Corporation reported that it was the index’s biggest one-day fall since May 2020.

    Singapore’s Straits Times Index on Monday plunged by 8.7 percent at the open. The sharp drop marked the index’s steepest single-day decline since an 8.9 percent plunge during the 2008 global financial crisis, and exceeded the 8.4 percent fall seen in March 2020 amid COVID-19.

    A pedestrian passes a screen showing stock market information in Tokyo, Japan, April 7, 2025. [Photo/Xinhua]

    Fear and fury 

    The aggressive tariffs that triggered the global stock market plunge have drawn widespread criticism of the U.S. government, amid fear and fury across the globe.

    Trump’s tariffs have a shocking effect on stock markets, Gilles Moec, chief economist at AXA Group, told Les Echos, a French economy-specialized daily.

    “This shock has no real precedent in history, which amplifies market volatility because investors have no point of reference,” he said.

    Moec noted that the current damage to global stock markets is “entirely self-inflicted by the U.S. authorities,” unlike past stock market crises which were reflections of then macroeconomic situations.

    Richard Branson, British entrepreneur and co-founder of Virgin Group, said it is time for Washington to change course. “Otherwise, America will face ruin for years to come,” he warned.

    Branson noted that companies should be given enough time to adapt, and the current market response is preventable.

    Hasan Tevfik, a research analyst at advisory firm MST Marquee, also warned of severe consequences for the U.S. economy.

    “The U.S. economy has endured a barrage of headwinds, all self-inflicted, and the end consequence will be a contraction in the economy that was humming along, exceptionally, over the last couple of years,” he told the Australian Financial Review newspaper.

    This photo taken on April 7, 2025 shows a screen at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea. [Photo/Xinhua]

    Independent Australian economist Saul Eslake noted the uncertainty surrounding Trump’s next decisions and what he called the “madness” of the White House. He warned that the impact on the Australian economy was likely to be worse than the Treasury’s forecast that the country is well-placed to avoid a recession despite the “damage” being done by the U.S. tariffs.

    Doom and gloom 

    Investors have lost trillions of dollars since the tariff announcement on Wednesday. Recession odds are rising, and massive trade wars are looming. With no constructive response in sight, market confidence has been severely hit.

    DBS economists in a weekly review released on Monday noted that global markets and economies are still struggling to absorb the seismic tariff shock, with risk aversion and market selloff.

    “The key reason for that is that despite the spate of announcements, there is still substantial fear that more measures are to come. Perhaps more critical is the notion that nations trying to do a deal with the U.S. will not be able to rest easy upon signing agreements, as no deal with the U.S. seems to be reliable any longer,” wrote DBS economists Taimur Baig and Radhika Rao.

    David Gerald, president of the Securities Investors Association (Singapore), told The Straits Times, “If tariffs are sustained, they could contribute to higher inflation and slower global growth, which may in turn trigger further volatility and potential sell-offs in markets globally, including Singapore.”

    Germany’s Friedrich Merz, who is expected to become the next chancellor, also fears that U.S. trade policy could further escalate the turmoil in global stock markets. “The situation on international equity and bond markets is dramatic and threatens to worsen further.”

    JPMorgan Chase CEO Jamie Dimon warned on Monday, “The recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession.”

    MIL OSI China News –

    April 9, 2025
  • MIL-OSI China: Iran confirms ‘indirect talks’ with US in Oman

    Source: China State Council Information Office

    Iran’s Foreign Minister Seyed Abbas Araghchi confirmed on Tuesday that he would engage in “indirect talks” with U.S. Special Envoy to the Middle East Steve Witkoff in Oman on Saturday.

    In a post on social media platform X early Tuesday, Araghchi said Iran and the United States would meet in Oman on Saturday for “indirect high-level talks.”

    He added, “It is as much an opportunity as it is a test. The ball is in America’s court.”

    His remarks came hours after U.S. President Donald Trump, during a meeting with visiting Israeli Prime Minister Benjamin Netanyahu at the White House, claimed that direct talks with Iran were set to take place.

    “We’re having direct talks with Iran,” Trump said. “It’s getting to be very dangerous territory, and hopefully, those talks will be successful.”

    He also disclosed that a “very big meeting” involving “very high-level” officials would be taking place this Saturday.

    The discrepancy over whether the talks are direct or indirect has persisted since early March, when Trump stated he had sent a letter to Iranian leaders — via the United Arab Emirates — proposing direct negotiations on Iran’s nuclear program.

    While Iran later confirmed receiving the letter, it rejected face-to-face talks, though it left the door open for indirect engagement.

    Trump, in an interview with NBC News in late March, threatened to launch “unprecedented military strikes” on Iran if it refused to negotiate over its nuclear program.

    Iran signed a nuclear deal, formally known as the Joint Comprehensive Plan of Action, with six major countries — Britain, China, France, Germany, Russia, and the United States — in July 2015, accepting restrictions on its nuclear program in return for sanctions relief.

    However, the United States withdrew from the deal in May 2018 and reinstated sanctions, prompting Iran to scale back some of its nuclear commitments. Efforts to revive the nuclear deal have not achieved substantial progress. 

    MIL OSI China News –

    April 9, 2025
  • MIL-OSI Submissions: University Research – Global infant mortality will rise – in contrast to United Nations projections – Flinders

    Source: Flinders University

    A new report presented in New York on 8 April reveals that current United Nations projections on infant mortality rates are inaccurate.

    The Fragile Futures report says crucial factors missing from current United Nations projections – the impacts of climate change and population on infant mortality – will cause infant mortality to rise and children’s overall health to decline this decade.

    While current United Nations projections predict a continuing decline in infant mortality, new evidence in the Fragile Futures report shows that climate change and population dynamics in the most climate-vulnerable regions will increase infant mortality rates.

    UK-based NGO Population Matters funded the independent Fragile Futures evidence review, conducted by the Future Child Health research team at The Kids Research Institute Australia, with help from The University of Western Australia and Matthew Flinders Professor of Global Ecology Corey Bradshaw from Flinders University in South Australia.

    Representatives from Population Matters and the Future Child Health research team attended the United Nations Commission on Population Development in New York, and presented the Fragile Futures research at a side event (“A Discussion on Child Health and Climate”) on 8 April.

    Report co-author Professor Corey Bradshaw from Flinders University says that evidence revealed in the Fragile Futures report shows that infant mortality is rising.

    “Although United Nations’ projections on infant mortality show a continuing decline to 2100, recent evidence suggests that infant mortality is increasing in several countries, including the United States, France, India, Madagascar, Cambodia, Nepal, and the Philippines.”

    The report also presents evidence that climate change will increase pre-term births. “Rising temperatures are linked to a 60% increase in preterm births, a major contributor to higher rates of infant mortality and health complications later in life even in those children who survive,” says co-author Dr Melinda Judge from The Kids Research Institute Australia and The University of Western Australia.

    “The risk of pre-term birth is already higher in low- and middle-income countries. Sub-Saharan Africa and southern Asia accounted for 65% of all preterm births globally in 2020, and this will increase due to more frequent and persisting heatwaves.”

    Children’s respiratory health is identified as being at increased risk. “Climate change and higher population density also causes more exposure to air pollution, increasing cases of asthma, eczema, and allergies in young children,” says co-author Professor Peter Le Souëf from The University of Western Australia and The Kids Research Institute Australia. “In Africa, air pollution was linked to 449,000 additional infant deaths in 2015.”

    The report shows that preventable deaths of women and newborns are increasing. In 2020, 287,000 women died from preventable pregnancy-related complications, and 80% of newborn deaths were due to preventable and treatable conditions. Investment in sexual and reproductive healthcare saves lives.

    Cuts to international aid budgets are also having an effect on these figures. “The withdrawal of USAID support between 2025 and 2028 is projected to result in 1,200 additional preventable maternal deaths in Afghanistan alone,” says Professor Bradshaw.

    “The total impacts of lost aid on women and children’s health remains unknown – but will be catastrophic without intervention.”

    MIL OSI – Submitted News –

    April 9, 2025
  • MIL-OSI USA: RELEASE: REP. HILL BILL TO EXPAND HSA CATCH-UP CONTRIBUTIONS

    Source: United States House of Representatives – Congressman French Hill (AR-02)

    WASHINGTON, D.C. – Today, Rep. French Hill’s (R-AR) introduced the HSA Spouse Catch-Up Act, which he co-leads with Rep. Greg Steube (R-FL),

    Rep. Hill said, “Health savings accounts are a smart way for families to plan for medical expenses, but the current rules do not reflect how real families make decisions and manage daily life. Right now, spouses can use their HSA to pay for each other’s medical care, but they cannot make catch-up contributions to each other’s accounts. It is a ridiculous rule that needs to be changed. We need to give Americans the flexibility to plan, save, and make health care decisions that work for their families. That is why I am glad to partner with Representative Steube on this commonsense fix that will make it easier for families to support each other and take control of both their health and their finances.”

    Rep. Steube said
    , “Health Savings Accounts have expanded access for millions of Americans to the quality healthcare their families deserve. However, existing laws have hamstrung the ability of families to respond to healthcare emergencies with pointless regulations blocking individuals from utilizing their HSA to cover a loved one’s medical expenses. It only makes sense for us to build upon the success of HSAs with a focus on family economics and freedom. My bill with Congressman Hill will allow Americans to make catch-up contributions to their spouse’s HSA, ensuring financial security and better healthcare outcomes by expanding freedom.”

    Further Background:

    Under current law, Health Savings Accounts (HSAs) can be used by an individual to cover qualifying medical expenses for themselves, their spouse, and their family. However, a married couple cannot contribute catch-up contributions to the same account. This inconsistency has no rational basis. The Catch-Up Act is a commonsense bill that would fix this gap by allowing married individuals to make catch-up contributions to their spouse’s HSA.

    HSAs are individual savings accounts used to pay for qualifying health care expenses. Contributions can be made by the account holder, employers, spouses, and other individuals, including family members or friends. However, only individuals aged 55 and older may make additional catch-up contributions—and those contributions can currently be made only to their own HSA. They are not permitted to make catch-up contributions to a spouse’s account, even though HSA funds can already be used to cover a spouse’s medical expenses.

    Catch-up contributions are designed to help individuals aged 55 and older set aside additional savings for future health care costs. This bill would update the contribution rules to allow families to save even more for their health care needs and provide greater flexibility and financial security in planning for the future.

    Read the bill text HERE

    MIL OSI USA News –

    April 9, 2025
  • MIL-OSI Australia: Access Canberra is speaking your language

    Source: Northern Territory Police and Fire Services

    Concierge Tejas estimates he speaks with customers in Hindi or Gujarati at least 25–30 times a week.

    Many frontline service staff at Access Canberra speak multiple languages.

    This not only reflects the diversity of the Canberra community but allows them to assist customers who may not be comfortable communicating in English.

    Across Access Canberra’s five service centres, staff speak 12 languages, in addition to English.

    These are:

    • Hindi
    • Punjabi
    • French
    • Japanese
    • Vietnamese
    • French
    • Thai
    • Greek
    • Gujarati
    • Croatian
    • Tibetan
    • Indian.

    Staff wear badges, allowing customers to identify them easily to see which languages they speak.

    Woden Service Centre Concierge Tejas is often the first friendly face customers see when they enter the Centre and speaks Gujarati, Hindi and English.

    “Being a Concierge I think I speak in Hindi and Gujarati at least 25–30 times a week to help members of community,” he said.

    He finds the badge helps Canberrans with little English feel more at ease.

    “Wearing the badge gives members of the community an idea that I speak different languages. It invites members of the community who may be anxious of walking into a service centre because they can’t correctly interpret or understand English. I have also seen people who can understand English very well, but speaking it is the problem. Thus, whenever I can, I assist the Customer Service Officer and customer complete a transaction by translating for both,” Tejas said.

    “As soon as a customer finds out that I can speak their language, they are delighted and relaxed that they can communicate in a much clearer and better way. Customers are more at ease because I can translate government policies and legislation for them, making comprehending them easier.”

    Tejas has worked at Access Canberra since 2021.

    “My vision every day is to help members of community who visit the service centre in every possible way,” he said.

    “I am proud of wearing this badge because I know I can make a difference and put a smile on someone’s face.”

    Many Access Canberra transactions can be carried out online. Visit accesscanberra.act.gov.au to find a translation option on the homepage.


    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:


    MIL OSI News –

    April 9, 2025
  • MIL-Evening Report: ‘Germany is back’: 3 ways NZ can benefit from Europe’s renewed centre of power

    Source: The Conversation (Au and NZ) – By Mathew Doidge, Senior Research Fellow, National Centre for Research on Europe, University of Canterbury

    Getty Images

    It’s unlikely many New Zealanders paid close attention to Foreign Minister Winston Peters’ statement late last year that “New Zealand and Germany are committed to enhancing their partnership”.

    Peters had been visiting Berlin two weeks after Donald Trump’s US election victory, but well before the real contours of the second Trump administration came into focus.

    The foreign minister’s diplomatic tone may have suited the less heated atmosphere of the time, but 2025 is a very different place. With the pillars of the international system New Zealand depends on crumbling, strong ties with an active Germany at the heart of Europe begin to look more important.

    Germans, too, are grappling with the same uncertainties – not least Friedrich Merz, the Christian Democratic Union party leader who is all but certain to be the new chancellor when coalition negotiations conclude.

    Among the most pro-American of Europe’s leaders, Merz will enter the Chancellery at a time when US relations are fraught. Even before the February election results were finalised, he acknowledged this new reality, calling to “strengthen Europe as quickly as possible so that […] we can really achieve independence from the USA”.

    With Trump’s reversal of US support for Ukraine, his “might is right” foreign policy and hostile trade tariffs, Germany and the European Union have begun to reassess their place in the new world order. New Zealand will be watching closely.

    Easing the ‘debt brake’

    Former German Chancellor Olaf Scholz called Russia’s 2022 invasion of Ukraine a Zeitenwende – a watershed moment from which “the world afterwards will no longer be the same as the world before”. Trump 2.0 has only reinforced this rupture.

    Responding to events even before assuming office, Merz (supported by the Social Democratic Party and the Greens) reformed Germany’s “debt brake”, or Schuldenbremse.

    Restricting government borrowing to 0.35% of GDP, the brake was introduced by former chancellor Angela Merkel in 2009 to limit indebtedness following the global financial crisis. It achieved its aim, but contributed significantly to the current parlous state of German infrastructure and defence.

    The reform allows greater borrowing for defence and establishes a €500 billion infrastructure fund (with €100 billion for climate and economic transformation as the price for Green support).

    This is the first step in Merz’s goal to transform Germany from “a sleeping middle power to a leading middle power again”, and exercise greater leadership in the European Union alongside France and Poland.

    With Emmanuel Macron’s French presidency ending in 2027, and France’s far-right gaining strength (Marine Le Pen’s recent embezzlement conviction notwithstanding), a strong Germany at the heart of Europe is essential to the maintenance of the EU and its approach to world affairs.

    As an important – perhaps vital – partner for New Zealand and the Pacific, three key considerations stand out.

    A leading middle power: Friedrich Merz addressing Christian Democratic Union supporters in Berlin on election night, February 23.
    Getty Images

    Pacific re-engagement

    Germany’s ties with Samoa and the Pacific may be a century old, but it has recently begun looking south again, including opening an embassy in Suva in August 2023.

    Now, the Trump administration’s axing of USAID has put foreign aid in the region under a cloud. Pacific states are not eligible for German bilateral development support, but are covered by more general climate change and disaster preparedness programmes.

    Since stepping up Pacific engagement in 2022, Germany has also joined the Partners in the Blue Pacific and been an advocate for Pacific projects within the EU’s Global Gateway Initiative (a framework for global infrastructure investment).

    Importantly, Germany does not intend to establish significant independent Pacific aid projects. Rather, it sees itself as a “force multiplier”, partnering with other donors to support their efforts. New Zealand therefore has an opportunity to both strengthen relations with Germany and add impact to its own Pacific projects.

    Climate resilience

    Climate change is the single greatest security threat to Pacific island states, and yet another area the US is pulling back from. But while Germany has been a strong player on climate policy, Merz has been a critic of the Greens and environmental policy in general.

    The balance of power in the new Bundestag may now force a change of mindset. Merz’s coalition will hold just 328 seats in the 630-seat chamber, meaning Green support cannot be discounted. A more serious commitment to climate policy will be the price.

    There is a base to work from, too. Germany co-founded the UN Group of Friends on Climate and Security with Nauru in 2018, and has identified climate issues as a driving force behind its Pacific engagement. Again, this is an area where New Zealand’s interests can be served by closer engagement with Germany.

    The rules-based order

    Ultimately, the international trade system and multilateral frameworks for cooperation and conflict resolution are crucial pillars of the Germany-New Zealand relationship.

    With the US no longer a reliable backstop, Germany and the EU are also the bulwark for a rules-based order grounded in international law. Merz’s debt brake reform, seen as strengthening Europe, was framed in these terms:

    Our friends in the EU are looking to us just as much as our adversaries and the enemies of our democratic and rules-based order.

    “Germany is back,” Merz said in March. We may well see New Zealand’s foreign minister back in Germany before long, too.

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

    – ref. ‘Germany is back’: 3 ways NZ can benefit from Europe’s renewed centre of power – https://theconversation.com/germany-is-back-3ways-nz-can-benefit-from-europes-renewed-centre-of-power-253926

    MIL OSI Analysis – EveningReport.nz –

    April 9, 2025
  • MIL-OSI USA: Read More (Steube and Hill Introduce Catch-Up Act)

    Source: United States House of Representatives – Congressman Greg Steube (FL-17)

    April 08, 2025 | Press ReleasesWASHINGTON — U.S. Representatives Greg Steube (R-Fla.) and French Hill (R-Ark.) today introduced the Catch-Up Act to expand eligibility for individuals to make catch-up contributions to the Health Savings Accounts of their spouse.
    Under current law, Health Savings Accounts (HSAs) are limited to the individual, their spouse, and their immediate family. While individuals are permitted to make catch-up contributions to their own respective HSA, married individuals younger than 55 years old are barred from making catch-up contributions to the HSA of their spouse. As a result, millions of Americans are denied the full benefits of investing in an HSA.
    The Catch-Up Act will relax this rule to permit families to invest more of their savings into HSAs through catch-up contributions. By allowing all married individuals to make catch-up contributions to their spouse’s HSA, families will have more financial security and freedom to respond to medical costs.
    “Health Savings Accounts have expanded access for millions of Americans to the quality healthcare their families deserve. However, existing laws have hamstrung the ability of families to respond to healthcare emergencies with pointless regulations blocking individuals from utilizing their HSA to cover a loved one’s medical expenses. It only makes sense for us to build upon the success of HSAs with a focus on family economics and freedom,” said Rep. Steube. “My bill with Congressman Hill will allow Americans to make catch-up contributions to their spouse’s HSA, ensuring financial security and better healthcare outcomes by expanding freedom.”
    “Health savings accounts are a smart way for families to plan for medical expenses, but the current rules do not reflect how real families make decisions and manage daily life. Right now, spouses can use their HSA to pay for each other’s medical care, but they cannot make catch-up contributions to each other’s accounts. It is a ridiculous rule that needs to be changed,” said Rep. Hill. “We need to give Americans the flexibility to plan, save, and make health care decisions that work for their families. That is why I am glad to partner with Representative Steube on this commonsense fix that will make it easier for families to support each other and take control of both their health and their finances.”
    Read the bill text here.

    MIL OSI USA News –

    April 9, 2025
  • MIL-Evening Report: How to build a cinematic universe: the secret to Marvel’s enormous success among a history of failures

    Source: The Conversation (Au and NZ) – By Vincent Tran, Academic Tutor at Swinburne University of Technology, Swinburne University of Technology

    Since Iron Man hit the big screen in 2008, the Marvel Cinematic Universe (MCU) has made more than US$30 billion, from films to series, to merchandise and comics. As scholars and the press have noted, key to its success is the use of a highly gripping and elaborate “shared universe”.

    A number of shared universes have popped up since the MCU, including Legendary Pictures’ MonsterVerse (featuring Godzilla and King Kong), James Wan’s Conjuring universe, the Star Wars universe and the rebooted DC Universe.

    You might be surprised to hear they’ve actually been around for a very long time – but most of them fail to really get off the ground.

    The Marvel Cinematic Universe’s roaring success has set a high bar for other projects.
    IMDB

    What is a shared universe?

    The definition of a “shared universe” is a bit tricky to pin down, as it overlaps heavily with related concepts such as spin-offs, crossovers and franchises.

    At its simplest, you can think of a shared universe as a narrative world made up of at least two texts (such as film, television, video games or books) that are distinct, but with overlapping narrative elements.

    The texts may have different main characters, different stories, or even different settings – but there will be, at the minimum, some evidence they take place within the same broader world.

    Early shared universes

    Shared universes have been a staple in storytelling since the dawn of mass media – and not just in cinema.

    One of the first shared universes was The Human Comedy (La Comédie humaine) series (1829–48) by French novelist and playwright Honoré de Balzac.

    Honoré de Balzac’s (1799-1850) novel sequence La Comédie humaine presents a panorama of post-Napoleonic French life.
    Wiki

    Set against the French Restoration, following the fall of Napoleon Bonaparte, Balzac’s sprawling world spans more than 90 novels and charts the complexity of post-revolution life.

    Another early example from literature is L. Frank Baum’s Oz universe. After Baum grew tired of the Oz books, he wrote The Sea Faeries (1911) as the start of a new series. Its lack of critical reception forced him to return to Oz, but not before bringing some Sea Faerie characters along to the Oz universe with him.

    The shared universe trend continued in the early 1900s with writers such as Isaac Asimov, Robert E. Howard and H.P. Lovecraft, and would become a mainstay in sci-fi and fantasy.

    However, it was arguably television that made shared universes mainstream. This started as early as the 1960s with The Danny Thomas Show and its spin-off The Andy Griffith Show. Other notable examples include the Cheers spin-offs, the Law & Order franchise and the Vampire Diaries universe.

    Television’s episodic form – perpetually stuck in the second act – lends itself to spin-offs. Why risk time and money on something new when a fan-favourite character can get their own show, with the prestablished audience (hopefully) migrating over?

    Before Marvel came thundering along

    One of the earliest cinematic universes was Universal’s original Monsters franchise, beginning in 1931 with the films Dracula and Frankenstein.

    This universe was made up of horror characters including Dracula, Frankenstein’s monster and the Wolf Man. Crossover offerings included Frankenstein Meets the Wolf Man (1943) and House of Frankenstein (1944).

    Frankenstein Meets the Wolf Man stars Lon Chaney Jr. as The Wolf Man and Bela Lugosi as Frankenstein’s monster.
    IMDB

    But this attempt at a coherent world was haphazard. Continuity was often ignored or contradicted, with post-editing decisions cutting out crucial story connectivity.

    For example, in The Ghost of Frankenstein (1942), Ygor’s brain transplant is what allows the monster to speak, yet this element is omitted from later films.

    Difficult beginnings

    Only a handful of cinematic universes have been truly successful. Following the MCU’s triumph, Warner Bros. attempted a King Arthur universe with King Arthur: Legend of the Sword (2017), but it flopped.

    Sony then tried (and failed) to begin a franchise with Robin Hood (2018) that would spin off to his many merry men.

    And it would be remiss to not mention Univeral’s attempt at recapturing its original Monster universe with Tom Cruise’s The Mummy (2017). This film was supposed to be the beginning of the so-called “Dark Universe” which – you guessed it – never happened.

    The trifecta you need for success

    One cultural character with great success in cinematic universes is Godzilla. The radioactive reptile has been a hit in two separate shared universes: first in Toho Studios’ Japanese live action films, and more recently in Legendary Pictures’ MonsterVerse.

    The latter has grossed more than US$2 billion worldwide, and given us five major films including Godzilla (2014) and Kong: Skull Island (2017), as well as two spin-off shows that have begun production on their second seasons.

    An experienced screenwriter explained what makes a successful franchise to media scholar Henry Jenkins:

    When I first started, you would pitch a story because without a good story, you didn’t really have a film. Later, once sequels started to take off, you pitched a character because a good character could support multiple stories. And now, you pitch a world because a world can support multiple characters and multiple stories across multiple media.

    It is the trifecta of story, characters and world that gives rise to a successful shared universe. And the MCU and MonsterVerse both provide captivating worlds in which more characters and stories can always be added.

    Marvel films are by no means groundbreaking, as they follow the typical heroes journey of good versus evil. But they leverage comic book characters that had already captivated fans through a different medium.

    Also, the MCU was meticulously planned from the beginning: one universe populated with several heroes was always the endgame. As a result, Marvel has managed to transform C- and D-list superheroes into household names.

    Meanwhile, the MonsterVerse draws audiences in with the sheer spectacle of massive titans – who were also already well-known – engaging in action-packed battles.

    In both cases, there are always more heroes to appear, and more titans to fight.

    So, can we expect major studios to continue to try and capture lighting in a bottle, like Disney has with the MCU? Unequivocally, yes. But what might change is the approach.

    Failed cinematic universe attempts from the past had many reasons for failing – whether it was media constraints, or trying to capitalise on the hype instead of actually delivering a compelling fictional world. Creators of the future have a higher bar to meet.

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

    – ref. How to build a cinematic universe: the secret to Marvel’s enormous success among a history of failures – https://theconversation.com/how-to-build-a-cinematic-universe-the-secret-to-marvels-enormous-success-among-a-history-of-failures-250510

    MIL OSI Analysis – EveningReport.nz –

    April 9, 2025
  • MIL-OSI United Nations: New Permanent Representative of Zimbabwe Presents Credentials to the Director-General of the United Nations Office at Geneva

    Source: United Nations – Geneva

    Ever Mlilo, the new Permanent Representative of Zimbabwe to the United Nations Office at Geneva, today presented her credentials to Tatiana Valovaya, the Director-General of the United Nations Office at Geneva.

    Prior to her appointment to Geneva, Ms. Mlilo served as Director for Legal Services at the Zimbabwe Republic Police from 2015 to 2018. She held multiple positions at the Zimbabwe Republic Police Training Depot, including as Commandant from 2014 to 2015, and Assistant Commissioner, Training from 2012 to 2014.  Ms. Mlilo also previously worked as a part time lecturer in law at the Police Staff College from 2011 to 2018; Legal Officer at the Police General Headquarters from 2010 to 2014; and Investigating Officer at Mkoba Police Station, Gweru, Zimbabwe from 1999 to 2005.

    She currently lectures part time in mining law at the Pan African Minerals University of Science and Technology and at the University of Zimbabwe.

    Ms. Mlilo holds a Master of Laws in International Criminal Justice from the Open University of Tanzania (2015); a Bachelor of Laws from Midland State University in Gweru, Zimbabwe (2010); and a Diploma of National Security from Galilee International Management Institute, Israel (2016).  She is in the final year of studying for her Doctor of Laws in International and Diplomatic Studies at the European Graduate School of Government Studies in Slovenia.

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    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

    CR25.016E

    MIL OSI United Nations News –

    April 9, 2025
  • MIL-OSI United Nations: New Permanent Representative of Mauritius Presents Credentials to the Director-General of the United Nations Office at Geneva

    Source: United Nations – Geneva

    Brian Neil Joseph Glover, the new Permanent Representative of Mauritius to the United Nations Office at Geneva, today presented his credentials to Tatiana Valovaya, the Director-General of the United Nations Office at Geneva.

    Prior to his appointment to Geneva, Mr. Glover had been working as a Barrister at the Glover Chambers from 2021 to 2025.  He was a freelance consultant and trainer on equal opportunities, anti-discrimination, human rights, right to privacy, civil rights and data protection from 2016 to 2021. From March 2012 to April 2016, he served as Chairperson of the Equal Opportunities Commission of Mauritius. He worked as a Barrister in Mauritius from 1992 to 2012.

    Mr. Glover has a bachelor’s degree in laws from the University of Exeter, Devon, United Kingdom.  He was called to the Degree of the Utter Bar of England and Wales at Middle Temple Inns of Court, London, United Kingdom in 1992 and was called to the Mauritian Bar in 1992.  He was born on 22 July 1969 in Mauritius and is married with one child.

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    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

    CR25.018E

    MIL OSI United Nations News –

    April 9, 2025
  • MIL-OSI United Nations: New Permanent Representative of Lesotho Presents Credentials to the Director-General of the United Nations Office at Geneva

    Source: United Nations – Geneva

    Tšiu Khathibe, the new Permanent Representative of Lesotho to the United Nations Office at Geneva, today presented his credentials to Tatiana Valovaya, the Director-General of the United Nations Office at Geneva.

    Mr. Khathibe will also be serving as Ambassador of Lesotho to Switzerland.

    Prior to his appointment to Geneva, Mr. Khathibe had been serving as Chief Executive at the National Reforms Transitional Office, National Reforms Authority, Ministry of Justice and Law of Lesotho since September 2022, where he was Deputy Chief Executive since October 2020.  He represented Lesotho at the Lesotho Highlands Water Commission from November 2005 to October 2017 in various capacities, and at the Lesotho Highlands Water Project before that from November 2003 to October 2005.

    Mr. Khathibe has been an independent non-executive director (part-time) at the Nedbank Lesotho Limited from August 2018 to date.  He was also a member of the Lesotho Defence Force from 1983 to 1991.   

    Mr. Khathibe has a Bachelor of Commerce, Commercial Law and Economics from Rhodes University in South Africa (1998).  He also has a higher diploma in criminal justice and forensic investigations (2005) and a post graduate diploma in drafting and interpretation of contracts from the University of Johannesburg, South Africa (2009), and is an accredited mediator after attending the London School of Meditation, London, United Kingdom (2015).   

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    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

    CR25.017E

    MIL OSI United Nations News –

    April 9, 2025
  • MIL-OSI United Nations: Experts of the Committee on the Protection of the Rights of All Migrant Workers and Members of their Families Congratulate Mexico on its Global Pro-Migration Stance, Raise Questions on the Treatment of Unaccompanied Minors and Assistance for Mexicans Abro

    Source: United Nations – Geneva

    The Committee on the Protection of the Rights of All Migrant Workers and Members of their Families today concluded its consideration of the fourth periodic report of Mexico, with Committee Experts congratulating the State on its pro-migration stance taken around the world, while raising questions on the treatment of unaccompanied minors and assistance provided to Mexicans abroad in the United States. 

    Fatimata Diallo, Committee Chair and Co-Rapporteur for Mexico, congratulated Mexico on its pro-migration stance taken around the world, including its key role in the Global Compact for Safe and Orderly Migration. The Committee appreciated that legislation and a support system were in place for migrants across all states of Mexico, and congratulated the State on the adoption of a law on enforced disappearances, and the enactment of specific measures to provide support to migrant children and adolescents. 

    Mohammed Charef, Committee Expert and Co-Rapporteur for Mexico, asked if the delegation could share statistical information following the reform of the migration act in 2022, including the number of children released from holding facilities and the number of children still in these facilities?  What tools and measures had been put in place at the border level to ensure there could be a review on children and adolescents before any return was taken?  How many cases of refoulment had been avoided due to the risk analysis which should be carried out on every child? 

    Pablo Ceriani Cernadas, Committee Expert and Co-Rapporteur for Mexico, asked what Mexico was doing at the foreign policy and foreign relations level to push for regularisation for people who had been working in the agricultural sector in the United States for years?  With the closure of the CBP 1 by Trump, some people had their asylum process for the United States interrupted; what was happening to them? 

    Ms. Diallo said the “United States Remain in Mexico policy” required migrants to remain at the border while the United States Government processed their cases; what had the Mexican State done to provide for these migrants who were forced to remain in Mexico in the hazardous border areas? 

     

    Regarding unaccompanied children and adolescents, the delegation said there was a specific standalone procedure in place to ensure migrants were duly identified, so they could be protected by the child protection system.  The National Institute of Migration could be advised to carry out an assisted return of the child or adolescent to their country of origin, if regular migration status was not possible.  No deportation order would be given to a child or adolescent.  There were more than 120 shelters and reception centres spread across the country for minor migrants.  It was here that they would be held with their families until issues regarding their migration status were resolved; 84,927 minors were handled via this process in 2024. 

    The delegation said since the new United States administration took office on 20 January 2025, there had been a harshening of migration policies and Mexico had strengthened its consular assistance in response.  Mexico had been mapping the detention of migrants by the United States’ authorities and was able to immediately respond to them.  The 10 repatriation centres which had been set up on the southern border with the United States provided health care services, nutrition, food and education to those who had been repatriated.  The Mexican Government had pursued meaningful efforts to promote the regularisation of Mexican migrants in the United States. 

    Presenting the report, Jennifer Feller, Director General of Human Rights and Democracy, Ministry of Foreign Affairs of Mexico, said Mexico’s geographical position and proximity made it a country of origin, transit, destination and return for migrants, which represented a challenge for authorities.  Between January and May 2024 alone, the National Institute of Migration identified 1,393,683 foreigners in an irregular situation.  In 2019, the Ministry of Health published the comprehensive health care plan for the migrant population to promote health care under a context of equality and non-discrimination.  In compliance with the March 2023 ruling of the Supreme Court of Justice of the Nation on the unconstitutionality of the detention of migrants, the necessary measures were adopted to ensure that the detention of migrants did not exceed 36 hours.

    In concluding remarks, Mr. Ceriani Cernadas thanked Mexico for the constructive dialogue. The Committee was fully aware of the complexity of human movement in Mexico as a phenomenon, due to the location, the sheer number of migrants, and the voluntary or forced returns of Mexican compatriots, coupled with drug trafficking and the fact that Mexico was a neighbour of the world’s largest drug consumer.  Mexico had taken some positive steps, and the Committee looked forward to working collaboratively to find solutions to the challenges.

    Francisca E. Méndez Escobar, Permanent Representative of Mexico to the United Nations Office at Geneva and Head of the Delegation, in concluding remarks, said Mexico continued to be committed to protecting the rights of migrants and upholding its international obligations.  Mexico had made progress in protecting the rights of migrant children, adolescents, women and migrant workers, and would strengthen activities in areas where challenges remained, to ensure the full implementation of the Convention. 

     

    The delegation of Mexico was comprised of representatives from the Ministry of Foreign Affairs; the Federal Judiciary Council; and the Permanent Mission of Mexico to the United Nations Office in Geneva. 

    The webcast of Committee meetings can be found here.  All meeting summaries can be found here.  Documents and reports related to the Committee’s fortieth session can be found here.

    The Committee will next meet at 3 p.m. on Tuesday, 8 April to begin its consideration of the second periodic report of Niger (CMW/C/NER/QPR/2).

    Report

    The Committee has before it the fourth periodic report of Mexico (CMW/C/MEX/4).

    Presentation of Report

    FRANCISCA E. MÉNDEZ ESCOBAR, Permanent Representative of Mexico to the United Nations Office at Geneva and Head of the Delegation, said Mexico had always played a leading role at the international level to advance the agenda of the human rights of migrants.  It was an active promoter of the Convention, presented periodic resolutions on migration in the General Assembly and the Human Rights Council, and served as a co-facilitator of the negotiation process of the Global Compact for Migration. While significant progress had been made, challenges remained.  By appearing before the Committee, Mexico reaffirmed its openness to international scrutiny and constructive dialogue.  Ms. Escobar then introduced the Mexican delegation. 

    JENNIFER FELLER, Director General of Human Rights and Democracy, Ministry of Foreign Affairs of Mexico, said Mexico’s geographical position and proximity made it a country of origin, transit, destination and return for migrants, which represented a challenge for authorities.  In the last decade, migratory flows had grown exponentially and the transit of undocumented migrants through Mexico had grown significantly.  It was estimated that 77 per cent of migratory flows through the country were carried out irregularly.  Between January and May 2024 alone, the National Institute of Migration identified 1,393,683 foreigners in an irregular situation.  The composition of migration flows had changed significantly, encompassing a diverse range of persons who were migrating for multiple reasons. 

    This scenario was aggravated by the impacts of increasingly restrictive United States immigration policies, which limited the right to seek refuge, such as the Migrant Protection Protocols, among others.  Faced with this context, Mexico facilitated the entry and stay of people in health security conditions, providing them with vaccines and other support. Voluntary return was also facilitated for those who decided to do so.

    In 2019, the Ministry of Health published the comprehensive health care plan for the migrant population to promote health care under a context of equality and non-discrimination.  In line with the recommendations of the Committee, the law on migration was amended to prohibit the accommodation of migrant children and adolescents in migrant holding centres.  In compliance with the March 2023 ruling of the Supreme Court of Justice of the Nation, on the unconstitutionality of the detention of migrants, the necessary measures were adopted to ensure that the detention of migrants did not exceed 36 hours.

    Mexico had strengthened legal frameworks by incorporating a comprehensive gender perspective, and designed programmes to combat gender-based violence, human trafficking, and discrimination against women and girls.  This included the mechanism for monitoring cases of sexual torture committed against women and the comprehensive programme to prevent, address, punish and eradicate violence against women 2021-2024, which included actions focused on migrant women at risk, campaigns against sexual harassment and harassment, and strategies to encourage reporting.

    FÁTIMA RÍOS, Director General of Human Mobility and Development of the Ministry of Foreign Affairs, said Mexico continued to strengthen the capacities of the authorities to combat the smuggling of migrants, from a perspective of shared responsibility, international and regional cooperation, and respect for the human rights of migrants, with the involvement of migration authorities, prosecutors’ offices, victims’ commissions, international organizations, and civil society. 

    Although there was no specific law on the smuggling of migrants, Mexico was a party to the Palermo Protocols and had a solid regulatory base.  In 2023, the national strategy to combat migrant smuggling with a gender perspective was presented to strengthen inter-institutional coordination to prevent, combat and address the crime with a comprehensive approach.  The migration law established aggravated penalties when it involved children and adolescents, or the participation of public servants.

    To coordinate migration policies and programmes among more than 20 agencies, the Inter-Ministerial Commission for Comprehensive Attention in Migration Matters was created in 2019.  In March 2025, the multi-service centre for inclusion and development, designed in collaboration with international organizations, began operating in the city of Tapachula.  This centre aimed to bring those international protection needs closer to the services provided by the Mexican State, including documentation, employment, and health services, among others.  In the face of the tightening of migration policies and the criminalisation of irregular migration in the United States, the inter-institutional strategy for comprehensive care for repatriated and returning Mexican families was reinforced in January 2025, guaranteeing their social and economic reintegration in the country.  Mexico had spearheaded numerous actions to address migration, including integrating civil society into the debate, and was committed to overcoming the challenges which remained. 

    Questions by Committee Experts

    PABLO CERIANI CERNADAS, Committee Expert and Co-Rapporteur for Mexico, said the Committee was aware that Mexico was currently facing a complex situation in terms of human movement, which made this dialogue even more important.  The fact that the national guard reported to the army gave rise to concern.  Why had Mexico chosen to deploy the armed forces to play a role in monitoring and verifying migrants?  Had the deployment of the national guard and army had any impact on the migration flow? Had this impact been assessed? Six migrants had been killed when the national guard opened fire, and there had been other similar cases.  What had been the response of the Mexican Government to these cases?  How were the perpetrators identified and punished and what was done to ensure non-repetition?

    What had been done to promote regular migration in Mexico?  What measures had been enacted to eradicate the automatic recourse to detention and migration?  What non-custodial measures were being taken for asylum seekers in a vulnerable position, including pregnant women, to replace detention?  There had been a fire in a holding centre at the Mexican border which killed over 30 migrants.  Who had the political responsibility for this holding centre and the conditions it was in? What measures would be taken to ensure it did not happen again?

    The Committee had received reports that people intercepted in different parts of the territory were sent to the southern border and left there.  Could the delegation comment on these practices? Expulsions reportedly occurred from Mexico City and other airports.  What remedies were available to these people in airports after a decision to expel them? There had been cases where many migrants were killed by organized crime syndicates.  There was a high level of impunity with many cases being unresolved. What measures was the State taking to resolve these cases through investigations, trials and convictions? 

    What measures were being taken to address the complex matter of enforced disappearance in general and in the context of migration?  Was the act on enforced disappearance being regulated?  How had the guidelines for providing support to Mexicans abroad being strengthened?  What relationship was there between the forensic authorities in Mexico and those in other countries, to identity Mexicans who had died and inform their family members?  Was the Mexican consulate still receiving reports from El Salvador on citizens who had disappeared?

    Was data still being collected on irregular migrants?  Would the way in which data was collected be changed?  Which authorities had a say when it came to separating families?  Why were families separated?  The Committee had received information that in October 2023, the humanitarian grounds permits were suspended.  The documentation which replaced them did not have the same value as a resident permit and did not help with social, financial and employment services.  Why had the humanitarian permit been suspended? What measures had Mexico taken in response to the suspension of CBP 1?  What protective measures were being taken in this regard?  Were there any initiatives towards signing a bilateral agreement?  What was the latest situation regarding the relationship with the United States?

    MOHAMMED CHAREF, Committee Expert and Co-Rapporteur for Mexico, said Mexico always strove to ensure respect for the rights of migrants and had led the fight in the Group of 77 for the rights of migrants since the start of the 1970’s, which was appreciated.  The State was also one of the champions of the implementation of the Marrakech Compact and had enacted a plethora of laws to improve protection for unaccompanied women and minors, which deserved credit.  Nevertheless, according to information received by the Committee, despite international commitments and the legal arsenal, there were still violations of the rights of migrants, particularly those in an irregular situation.  Mexico shared an emblematic border with the United States which was over 3,500 kilometres long.  This was the deadliest land border, with around 10,000 deaths recorded per year. 

    According to information gathered, many migrants disappeared without a trace; they were abducted, killed, or robbed and thrown out of high-speed trains.  Many of those blocked on routes to the United States were highly vulnerable.  Were migrants subjected to a detention order by a judge?  How long did they stay in centres on average?  How did these detention centres function?  Who managed them?  How many people worked for the “Better Groups”?  Were they present throughout the territory?  Was their role to provide migrants with advice on their rights? According to information collected, there were huge needs in healthcare, particularly in mental health.  Was anything being done for migrants’ mental health?  Could information on the deadly fire be provided?  The Committee would like more information about the trends and the places migrants went through?  Did the State have reliable data on enforced disappearances?  Was disaggregated data on nationality, age, sex and type of migration available?  How did Mexico manage migration during the COVID-19 period? 

    FATIMATA DIALLO, Committee Chair and Co-Rapporteur for Mexico, congratulated Mexico on its pro-migration stance taken around the world, including its key role in the Global Compact for Safe and Orderly Migration.  The Committee appreciated that legislation and a support system were in place for migrants across all states of Mexico, and congratulated the State on the adoption of a law on enforced disappearances, and the enactment of specific measures to provide support to migrant children and adolescents. 

    Regarding the ruling by the Supreme Court of Justice on the unconstitutional nature of some of the provisions of the migration act, what steps had been taken to ensure this jurisprudence was present in national legislation?  Could the delegation share statistical information following the reform of the migration act in 2022, including the number of children released from holding facilities and the number of children still in these facilities? A unique identification code was provided to migrant children; what was the purpose of this code?  What tools and measures had been put in place at the border level to ensure there could be a review on children and adolescents before any return was taken?  How many cases of refoulment had been avoided due to the risk analysis which should be carried out on every child?  Why did so many children and adolescents abandon the administrative process halfway through it was meant to be an alternative to irregular migration? 

    How was it ensured that the bilateral agreements with Canada did not leave migrant workers vulnerable?  Thirty per cent of women interviewed said they had been subjected to sexual harassment by the national migration guard in detention facilities.  What measures had been enacted to prevent this?  Had there been investigations and punishment of perpetrators?  What concrete measures had been enacted for the protection of domestic workers, particularly migrant domestic workers?  The Nicaraguan migration route enabled migrants in sub–Saharan Africa to try and access the United States and there had been several disappearances on this route. Did this also affect Mexico and how was the State dealing with this? 

    A Committee Expert congratulated Mexico on its ratification of the core International Labour Organization Conventions.  Why had Mexico not ratified International Labour Organization Conventions 197 and 143? How many staff were working in the labour inspectorate in Mexico?  Did they cover the entirety of Mexico?  Did they have the human and financial resources they needed to carry out their duties?  Did they have a status which ensured their independence was upheld?

    Another Committee Expert said the bilateral agreements, for example between Mexico and Canada, should be examined.   

    A Committee Expert said the Committee appreciated Mexico’s efforts and its delicate position with the United States and other countries.  What type of capacity did Mexico need to bolster its stance on migration? 

    Responses by the Delegation

    The delegation said the National Institute of Migration was charged with implementing the Government’s migration policy.  It had overviews of migration checks at land and air border crossings.  The institute implemented the protocol for checking migration status.  Staff were required to be properly identified as a result of the Supreme Court ruling. Once a person had been identified in a migration check, migration staff could instigate the administrative procedure. It would not be a court which decided, but rather the migration entity, which conducted the migration proceedings. 

    Migrants were taken to a holding centre and provided all the necessary information to authorities. Due to the ruling of the 36-hour time limit for holding migrants in these centres, the National Institute of Migration completed the administrative procedures within the timeframe.  If the individual in question had a genuine immigration status, they would be released quickly; however, if they did not, they would either be provided with a regular migration status if they met the conditions of the law, otherwise they would be returned or deported.  This was clearly provided for in the migration act.

    Regarding unaccompanied children and adolescents, there was a specific standalone procedure in place to ensure migrants were duly identified, so they could be protected by the child protection system.  The National Institute of Migration could be advised to carry out an assisted return of the child or adolescent to their country of origin, if regular migration status was not possible.  No deportation order would be given to a child or adolescent.  There were more than 120 shelters and reception centres spread across the country for minor migrants.  It was here that they would be held with their families until issues regarding their migration status were resolved; 84,927 minors were handled via this process in 2024.  It was hoped that up to date data for decision making would be available in April. 

    Migrants’ caravans, which entered the country via the southern border, had been met by groups providing humanitarian assistance.  This was one of the functions played by the “Better Groups”, whose main role was to provide humanitarian support and advice to migrant workers. 

    The centre for assistance and information for migrant workers had been strengthened to provide assistance to all Mexican residents in the United States.  The consular staff had been ordered to make more visits to migration centres and prisons to review cases of Mexican migrants, and to ensure their rights were being upheld and the necessary processes were being followed. A unit monitored how executive orders were impacting the migrant community. 

    In Mexico, all persons had access to free health care, regardless of their social status.  A plan was in place to guarantee that migrants had access to high quality medical health care.  Mexico was one of the few countries which chose not to close its borders during the pandemic, which meant that individuals living abroad who could not return to their home countries had remained in Mexico, and benefited from healthcare services and coverage.  A system was in place for alternative care models for unaccompanied migrants and adolescents.  A handbook on the alternative care options intended to raise awareness on these options. Work was being done to renovate shelters in key hotspots along the migration route. 

    In 2024, around 439,000 requests for asylum or refugee status were granted, with the vast majority being women.  To improve coordination between the authorities at different levels, capacity building workshops had been made available, and work had been carried out with counterparts in Ecuador and in Brazil, among other countries.  The Domestic Labour and Social Security Code had been strengthened to uphold the rights of domestic workers. International Labour Organization Convention 189 was ratified in 2020.

    The act on enforced disappearance had a system in place which provided relatives of migrant persons with the possibility of submitting requests for action on disappeared persons who could not be found in Mexico.  The Mexican consulates abroad were responsible for the implementation of this system. 

    The intervention of the national guard in public security had not been adopted alone, but in conjunction with other entities.  The Constitution was reformed so the national guard would fall under the Ministry of National Defence.  The armed forces were involved because Mexico was trying to strengthen the national guard as a security force. 

    Mexico did not have a systematic practice of enforced disappearance by the State.  There was a palpable commitment to tackling the challenges being faced by the country.  Regarding the tragic events of the first of October, where a pickup travelling at highspeed was fired on by members of the armed forces, nationals from many countries had been the victims.  The majority of the victims decided to return to their countries of origin, but had been informed of compensation processes.  Around 32 victims had been affected by the incident.   

    If a person was deprived of liberty, this was considered detention.  The right of all migrants to have a public defender was recognised.  This had led to 43 people becoming specialised to allow the federal judiciary to enter the migration centres.  Public defenders’ coverage was now better, and there had been Amparo proceedings in cases where the 36-hour holding deadline was exceeded.  A humanitarian grounds permit needed to be issued until Amparo proceedings were completed.   

    Questions by Committee Experts

    PABLO CERIANI CERNADAS, Committee Expert and Co-Rapporteur for Mexico, asked about the rulings from the Supreme Court; they had not mentioned anything about the Committee.  Each year it seemed there was no solution being found to regularise migration; how effective was the State’s response?  What happened to persons with disabilities travelling through Mexico?  Were resident permits automatically provided to parents of children in Mexico?  Migrant children often worked selling sweets or in coffee production; what progress had been made in this regard?  What was being done to ensure that the women’s justice centre was aware of women’s vulnerabilities throughout the migration process?  How was sexual and reproductive health ensured for women on the move? 

    MOHAMMED CHAREF, Committee Expert and Co-Rapporteur for Mexico, asked how many rulings there had been regarding families who provided shelter to migrants?  How had the Supreme Court ruling been implemented in this regard? 

     

    FATIMATA DIALLO, Committee Chair and Co-Rapporteur for Mexico, asked for statistical data on children who had left migration holding centres and those who still remained, but who should have been released?  How many temporary permits had been issued on humanitarian grounds between 2018 and 2023? Could statistics on the family reunification of migrant workers be provided?  What measures had been taken by Mexico to guarantee access to civil registration documents, particularly for unaccompanied minors?  What was being done to facilitate access to education for unaccompanied minors?  What measures had been taken to combat racism and xenophobia against migrants? 

    Over 65 per cent of Haitian migrants felt they had been impacted by racial discrimination; what was being done to eradicate this?  What measures had been taken to eradicate discrimination in the labour market and combat economic exclusion of migrants?  What were the views of migrants on the national guard and on migration policy?   

    A Committee Expert asked about the Mexican authorities’ plan to deal with the repatriation of Mexican migrants from the United States?  How would it be ensured that they would be returned with full respect to their rights?  What measures were being taken to prevent the disappearance of migrants on routes of migration to America?  What was being done to reduce the smuggling and trafficking of migrants?  What steps were being taken to reduce bureaucratic procedures and ensure better access to financial resources for migrants? Approximately how long were migrants detained during the asylum procedure?  How could this time period be reduced?  Why were the number of claims for asylum in Mexico increasing?  Could more information about the conditions in detention centres be provided?

    Another Expert asked about reports of abuse of migrants in bilateral agreements with Canada; what was the State doing to combat this? 

    A Committee Expert said many people from Latin American countries were travelling to the United States, using Mexico as a transit country.  Could information about accidents with regard to the national guard be provided?   What was being done to improve this situation? 

    Responses by the Delegation

    The delegation said there were two Amparo rulings from 2022, regarding Haitian migrants who had had their migration status checked and revised when trying to board buses.  The ruling found the actions of the bus company and the government migration body were unconstitutional.  The Convention had been cited in various court rulings, although not many.  Mexico would ensure there was judicial training on the provisions of the Convention to ensure it could be cited more frequently moving forward.  The State was aiming to adopt a different approach to human trafficking to focus on those who facilitated the human trafficking, rather than those carrying out the trafficking.  There had been 95 cases involving enforced disappearances where a search order was enacted.  Data gathering efforts in this regard had been improved, thanks to a ruling from the courts.

    The State had spent the last three years working on a project to ensure that all international recommendations related to enforced disappearance could be implemented and crafted into policies at the State and federal levels.  A decision had been taken in 2011 to ensure decisions on mass graves could be shared with the relatives.  The Victims’ Commission sat alongside the court and had dealt with various cases, including the mass grave case, where the remains of 72 persons were found.   

    Regarding the fire in the migration holding centre, the Federal Public Prosecutor had intervened in real time, offering services to the victims.  This fire took place a few weeks after the Supreme Court’s ruling that migration detention could not exceed 36 hours.  Those who were in need of medical care had been sent to hospitals and the Victims’ Commission was supporting those seeking compensation. Close work had been done with consular officials to identify those who had died in the event. 

    The National Institute of Migration had begun to introduce a range of infrastructure improvements to migration centres, including medical clinic facilities, real-time simultaneous interpretation services, enhancements to the physical environment, and the additions of rescue and first aid kits and smoke detectors. Around 2,935 staff had been trained in migration holding centres on civil protection.  There were three multiservice centres in the border areas with the United States.  Mexico had added 10 centres to provide support for Mexicans who had been repatriated from the United States, which could accommodate 2,500 people each. 

    The State had seen a fall in the number of humanitarian permits being issued; there should be more mechanisms which were an alternative to requesting asylum or a stay on humanitarian grounds.  This would enable more migrants to regularise their situation.  A programme was being designed for regularising the situation of migrants, which would help to reduce delays in the asylum system.  Mexico was also seeking other channels with third countries to ensure those who reached Mexico did so with a regularised status. 

    Mexico had been working with third countries, who recognised it was Mexico’s prerogative to admit foreign nationals onto their territory.  Mexico had ratified certain procedures in airports and tried to improve the facilities of holding centres.  The majority of refusals for entry into the country were due to inconsistency in entry interviews. 

    Since January this year, the Ministry of Foreign Affairs could issue identity documents to refugees, stateless persons and those who did not have a consular office in Mexico. This would allow more documents to be provided to migrants.  A memorandum had been signed in 2023 to try and foster family reunification, which was currently being revised, to see if it could be continued with the current United States administration.  There was permanent communication between Mexico and the Canadian Government and there was an annual review of the bilateral agreements to bring about improvements.  Mexico would review the information provided by civil society to raise any problems.

    Mexico had not and would never enter into an agreement about the refoulment of third-party nationals. These expulsions were unilateral, and Mexico would respect the Supreme Court’s rulings on guidelines for receiving and supporting these people.  A dialogue had been held with civil society organizations in the United States to step up the support provided by Mexico through its consular network.  Since 2010, justice centres had been vital to providing services to women victims of violence transiting through Mexico. Between 2019 and 2023, a budget of 400 million pesos was provided to these centres to improve the facilities and training. 

    Last year, the Ministry of Labour established a platform which provided services for job seekers in Mexico who were from other countries.  The United Nations High Commissioner for Refugees had been working with the Mexican Government to implement local integration programmes, which had provided 50,000 jobs for refugees so far in Mexico.  All programmes supported the issuance of necessary documents, such as banking services.  The Government had been working with the banking association to ensure they would provide services to refugees and migrants. 

    Mexico recognised that education was a vital pillar for development, and there were programmes allowing the continuation of studies, including for those who had been repatriated back to Mexico.  Vocational courses were provided for returnee and repatriated Mexicans.  A raft of educational material had been designed, including handbooks which focused on the needs of migrant children and looked at ways to encourage them to pursue education.  The process for granting refugee status to Haitian migrants had been accelerated.     

    Questions by Committee Experts

    PABLO CERIANI CERNADAS, Committee Expert and Co-Rapporteur for Mexico, asked what mechanisms and tools existed to ensure the recommendations of the treaty bodies were implemented?  What authorities were involved in migration checks and verifications?  Had the recommendation to create a register of detained migrants been followed up on?  What was being done to follow up on the Amparo court ruling regarding the maximum detention period of 36 hours? 

    The Committee had heard that in some cases people were held for up to 15 days before their migration cases were reviewed.  What resources were made available to detainees during the 36-hour time frame? How were the cases of children heard and deferred?  How was the child protection office in Mexico coordinating with its counterparts abroad in Honduras, Haiti and the United States to better serve children and make a decision on their case? 

    What was being done to promote the registration of the births of Mexicans abroad?  Did they automatically have the right to Mexican nationality?  What consular support services were in place for Mexicans who had been detained on migration grounds?  What was Mexico doing at the foreign policy and foreign relations level to push for regularisation for people who had been working in the agricultural sector in the United States for years?  With the closure of the CBP 1 by Trump, some people had their asylum process for the United States interrupted; what was happening to them?  Were the centres for comprehensive support and advice intended to replace the holding facilities, or would they sit alongside them? 

    MOHAMMED CHAREF, Committee Expert and Co-Rapporteur for Mexico, asked what resources were made available to the national human rights institution and the Better Group? What was being done to plug gaps with regard to data and statistics?  The number of seasonal workers in Canada was constantly increasing; these workers had to pay their own tickets to Canada and their own rent. Were the long-term health impacts of the work on these workers taken into account, due to the handling of pesticides etc? 

    FATIMATA DIALLO, Committee Chair and Co-Rapporteur for Mexico, noted that the “United States Remain in Mexico policy”, required migrants to remain at the border while the United States Governments processed their cases; what had the Mexican State done to provide for these migrants who were forced to remain in Mexico in the hazardous border areas? 

    A Committee Expert said Mexico was at the very heart of migration and was a migration champion, which was honourable.  The country’s geographic location placed it at the heart of migration to the United States, which was not a State party to the Convention.  What would Mexico do to encourage the United States to regularise Mexican migrants in the United States? 

    Responses by the Delegation

    The delegation said a register had been established for children and adolescents who were being processed by the migration authorities.  There was a register for adults held in migration holding centres. The Ministry of Home Affairs was working on migration regularisation on family reunification grounds.  The migration holding centres were established and improved to address the needs of those people who had been identified by the National Migration Institute as being in an irregular status.  They had been taken there to be processed within 36 hours.  The multiservice centres, on the other hand, had been designed for people who were on the move and had international protection needs.  People on the move were provided with shelter, health services, and the opportunity to take up job offers. 

    Since the new United States administration took office on 20 January 2025 and there had been a harshening of migration policies, Mexico had strengthened its consular assistance in response.  More than 5,000 legal advice meetings had been held under this programme, bolstered through the services of legal aid officers and partnerships with civil society organizations, who could provide services to Mexicans abroad.  All the consular offices in the United States were linked to the electronic case management system; more than 1,600 cases were still active and were being followed through to their conclusion.  An app was available which had direct interaction, as well as the Mexican Assistance and Support Office, which operated 24/7. 

    Consular visits to places of deprivation of liberty had also been bolstered under the new strategy, and in the first quarter of the year there had been an average of 30 visits per day.  Mexico had been mapping the detention of migrants by the United States authorities and was able to immediately respond to them.  Advice was being given to Mexican compatriots abroad, so they could stay informed and ensure they had the proper legal protections.  The 10 repatriation centres which had been set up on the southern border with the United States provided health care services, nutrition, food and education to those who had been repatriated. 

    Mexico had pursued actions to simplify the number of hoops which had to be jumped through to ensure that the birth of a Mexican abroad could be registered.  Mexico had amended the national civil status code to ensure statelessness could be avoided.  There had been an investigation into the fire at the migration centre and various State institutions had been held responsible for failings.  There had been a 70 per cent increase in the number of Americans migrating to Mexico in recent years, partially due to the lower cost of living. 

    The Mexican Government had pursued meaningful efforts to promote the regularisation of Mexican migrants in the United States.  This included contributing to the Dreamers Programme, and forging partnerships and alliances with members of Congress and State officials to promote recognition of the positive impact of migrants. 

    The recommendations of human rights treaty bodies were channelled by a variety of thematic working groups.  Mexico had played a key role in championing the Convention on the Rights of Persons with Disabilities.  Mexico had learned that tolerance and inclusion could be an effective response to a crisis like COVID-19.

    Closing Remarks

    PABLO CERIANI CERNADAS, Committee Expert and Co-Rapporteur for Mexico, thanked Mexico for the constructive dialogue.  The Committee was fully aware of the complexity of human movement in Mexico as a phenomenon, due to the location, the sheer number of migrants, and the voluntary or forced returns of Mexican compatriots, coupled with drug trafficking and the fact that Mexico was a neighbour of the world’s largest drug consumer.  Mexico had taken some positive steps, and the Committee looked forward to working collaboratively to find solutions to the challenges.

    MOHAMMED CHAREF, Committee Expert and Co-Rapporteur for Mexico, said Mexico was one of the champions of migration around the world.  The State was in a challenging situation due to being an origin, transit and destination country.   It was hoped that Mexico would be a key promoter of general comment no. 6 and that it would continue to champion the Convention.   Mr. Charef wished the State every success in delivering on migrants’ rights.

    FRANCISCA E. MÉNDEZ ESCOBAR, Permanent Representative of Mexico to the United Nations Office at Geneva and Head of the Delegation, said Mexico continued to be committed to protecting the rights of migrants and upholding its international obligations.  Mobility involved challenges, and the State should have a responsible attitude based on rights which adapted to a changing context.  Mexico had made progress in protecting the rights of migrant children, adolescents, women and migrant workers, and would strengthen activities in areas where challenges remained to ensure the full implementation of the Convention.  There were several ways in which the Committee could assist Mexico, including for the Committee to keep note of a compendium of best practices within the recommendations provided.   

    ___________

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

    CMW25.002E

    MIL OSI United Nations News –

    April 9, 2025
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