Category: Germany

  • MIL-OSI China: Highlights of World Aquatics Diving World Cup 2025 Super Final

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

    Germany’s Lou Noel Guy Massenberg (L)/Moritz Wesemann compete during the men’s 3m synchronised final at the World Aquatics Diving World Cup 2025 Super Final in Beijing, capital of China, on May 2, 2025. (Xinhua/Ju Huanzong)

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    MIL OSI China News

  • MIL-OSI China: Wang Zongyuan, Chen Yuxi clinch titles at Diving World Cup Super Final in Beijing

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

    Chinese Olympic champions Wang Zongyuan and Chen Yuxi crowned the first two individual champions with the head-to-head competition format making its debut at the “Water Cube” in Beijing Saturday.

    In this new format, the top 12 athletes in individual events are seeded and paired according to their rankings. Each diver chooses three dives to perform, and the lower scorer in each pairing is eliminated. In the semifinals, the remaining six divers are divided into two groups, with the top two from each group advancing to the final.

    Divers returned to their usual pace and dive order by performing six dives in the men’s 3m springboard final. Wang, a two-time 3m springboard synchro champion and two-time silver medalist in individual events at the last two Olympic Games, won the gold with 519.25 points, edging teammate Zheng Jiuyuan into second place with 505.05 points.

    Moritz Wesemann of Germany and Luis Felipe Uribe Bermudez of Colombia finished third and fourth with 430.45 and 418.20 points, respectively.

    “The new format pushed us to enter our peak form from the very beginning and I started high in the first two sessions. In fact, I lost some energy in the final, especially in my 207C which only received 77.40,” said 23-year-old Wang.

    Zheng, 21, celebrated his first 500+point performance in the world level competition. “I have never reached 500+ in the competition before, I felt excited even right now. The new format gave me more uncertainty and pressure. I laughed at myself for my poor first dive 407c with 68 points in the morning,” Zheng said after the awarding ceremony.

    In the women’s 10m platform final, top seed Chen Yuxi demonstrated consistency, finishing with 432.15 points from the heats and semifinals, while Quan Hongchan, who scored 57.75 points on her 207C, accumulated a total of 399.25 points heading into the last four.

    With five stable dives in the final, Chen secured the win with 431.25 points, while Quan finished second with 409.80 due to minor mistakes in her 6243D and 207C. Alejandra Estudillo Torres of Mexico took the bronze with 332.70.

    “I have never tried like this before as three big battles within two days from 10m synchro, mixed team and individual 10m event. I felt fainted at last. It is a huge challenge and a new lesson for me to deal with the new competition format, on the issues of how to relax and adjust myself into form in very short time,”Chen said.

    For Quan, earning a silver medal was the best reward for her discipline and perseverance amid growth pains. “The total time of individual competition was limited within one hour, including the head-to-head, semifinal and final. I felt out of energy a little bit because I could hardly climb up to the platform. A silver is good for me because I am still learning how to balance my growing height and weight,” said the two-time women’s 10m platform Olympic gold medalist.

    China has swept all seven gold medals offered so far at the three-day Super Final. The competition will conclude on Sunday with the women’s 3m springboard and men’s 10m platform finals.

    MIL OSI China News

  • MIL-OSI China: Two-way tourism between China, Europe gathers pace over May holiday

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

    Tourists from Hungary show souvenirs bought at Tiantan (Temple of Heaven) Park in Beijing, capital of China, Dec. 5, 2024. [Photo/Xinhua]

    From European visitors walking through China’s historic neighborhoods to Chinese tourists sampling regional cuisine in southern Europe, two-way travel between China and Europe is steadily gaining momentum and evolving in form.

    As the May holiday season unfolds, tourism flows are picking up on both sides, supported by streamlined visa policies and enhanced travel connectivity, and shaped by growing interest in flexible, culturally rich experiences.

    Growing interest in China travel

    “We now have 12 tour groups travelling in China,” said Ewa Gajewska, a project manager with CT Poland, a Polish travel agency specializing in China tours for 25 years. To accommodate heightened demand during Poland’s peak travel period in May, the agency added extra departures beyond its original plans.

    “Almost every group this year has been full, with 26 tourists plus a tour leader,” she told Xinhua, adding that some returning clients are now opting to explore lesser-known but captivating destinations such as Yunnan and Guizhou.

    While Gajewska’s insights reflect the Polish market, similar trends have been observed elsewhere.

    Clients returning from other Asian destinations consistently found China’s tour offerings “more engaging and diverse,” said Alesya Plyavina, manager at Latvian Antario Travel Agency. “Potential tourists are already booking trips to China even for the end of the year.”

    According to Chinese travel platform Trip.com, inbound travel bookings from around the world rose by 173 percent year-on-year as of April 25.

    One major driver behind the renewed interest is China’s recent visa facilitation policies. Since late 2024, China has extended visa-free stays from 15 to 30 days for ordinary passport holders from 38 countries, including 32 European nations. Additionally, travelers from 54 countries, more than half of which are European, are now eligible for visa-free transit in China for up to 240 hours.

    “The extension of the visa-free entry to 30 days helps a lot in generating more demand and bookings,” said Vera Nebel, Asia product manager at German travel agency Ikarus Tours. “We experienced an increase in bookings for those tours of more than 15 days, because it’s a long journey from Germany to China, and it’s a big country.”

    In addition to the visa-free policy, convenient services and infrastructure such as digital payments, shared bikes and high-speed trains have also enhanced the experience for first-time visitors, said veteran Dutch tour guide Tom Lops, who has visited China over 30 times.

    “Think basically, and let yourself be surprised by all the new impressions you will have in this country,” he said.

    Exploring Europe in Chinese way

    As Europeans discover China as a diverse travel destination, Chinese tourists are exploring the continent with increasing depth and sophistication.

    Airbnb China’s latest May holiday report showed Chinese user searches for international destinations had more than doubled from last year, with many European countries ranking among the top 30 choices. Hiking, road trips and island tours are now preferred choices.

    Szymon Sikora, an English-language guide at Poland’s Wieliczka Salt Mine, a UNESCO World Heritage Site, frequently leads Chinese tourists on immersive “miner tours” — a hands-on experience where guests dress as miners and explore underground tunnels.

    “Sometimes I feel maybe I should learn Mandarin,” he told Xinhua, adding that more Chinese tourists are opting for immersive and adventurous experiences over traditional sightseeing.

    In Slovenia, Liao Shasha, general manager of Visdom Travel Agency, noted growing interest from Chinese tourists due to relaxed visa policies and better flight connectivity. Rather than large group tours, Chinese visitors now prefer smaller, flexible groups seeking personalized and upscale experiences, Liao said.

    These evolving preferences mirror not only new global tourism patterns but also broader developments in China. Decades of stable development and high-quality modernization have enlarged the middle-income group in China and led to rising demand for more sophisticated, customized travel experiences.

    “More Chinese tourists are willing to pay for a better life — fine hotels, great food, world-class performances,” said Dai Bin, president of the China Tourism Academy. “These ‘small but fine’ and deeply emotional travel experiences are bringing depth and warmth to global tourism.”

    Tourism brings cooperation opportunities

    As China-Europe travel gathers pace, European observers believe its influence goes beyond tourism — helping foster mutual understanding and encouraging broader cooperation.

    In Bosnia and Herzegovina, the visa-free agreement with China, in place since 2017, has significantly boosted tourism and people-to-people interactions. As the two countries mark the 30th anniversary of diplomatic relations this year, local tourism officials anticipate greater collaboration ahead.

    Haris Fazlagic, president of the Sarajevo Canton Tourist Board, said the visa policy is crucial to expanding tourism. “It gives us the motivation to improve services, expand offerings and reach more Chinese visitors.”

    Looking ahead, Sarajevo aims to launch direct flights, enhance infrastructure and develop experiences tailored to Chinese travelers, Fazlagic added.

    In neighboring Croatia, the number of Chinese tourists in 2024 approached the pre-pandemic record of around 300,000. Meanwhile, “China, with its cultural and historical sights, can be a truly top-notch lure for Croatians,” said Davorko Vidovic, former deputy speaker of the Croatian Parliament.

    He welcomed China’s visa-free policy, seeing it as an essential step toward stronger economic, cultural and political ties.

    “I hope that when the one-year trial ends, the visa-free policy will be extended as it can open up enormous opportunities for cooperation between the two sides,” Vidovic told Xinhua. 

    MIL OSI China News

  • MIL-Evening Report: A ‘Trump slump’ has lifted the left in Canada and now Australia – what are the lessons for NZ?

    Source: The Conversation (Au and NZ) – By Grant Duncan, Teaching Fellow in Politics and International Relations, University of Auckland, Waipapa Taumata Rau

    Trying to capitalise on the electoral success of US President Donald Trump, now that his policies are having real-world effects, is proving to be a big mistake for conservative leaders.

    Australian voters have delivered a landslide win for the incumbent Labor Party, returning Prime Minister Anthony Albanese for a second term with a clear majority of seats.

    When he said in his victory speech that Australians had “voted for Australian values”, an unspoken message was that they’d firmly rejected Trumpian values.

    Meanwhile, opposition and Liberal Party leader Peter Dutton had such a bad election he lost his own seat. While not the only reason for his electoral demise, Dutton’s adoption of themes associated with Trump backfired.

    As recently as mid-February, however, it was a completely different story. Opinion polls were projecting Dutton’s Coalition to win. Betting markets followed suit, pricing in a change of government.

    But by March, Labor had pulled ahead in the polls, and exceeded expectations in the election itself. As one commentator put it, the Liberals were “reduced to a right-wing populist party that is all but exiled from the biggest cities”.

    Reversal of fortune

    Where, then, did Dutton go wrong? Commentators identified a number of reasons, including his “culture wars” and being depicted by Labor as “Trump-lite”.

    Following a Trumpian pathway turned out to be a strategic blunder. And Dutton’s downfall mirrors Conservative leader Pierre Poilievre’s defeat in Canada’s election on April 28.

    In January, Canada’s incumbent centre-left Liberals were heading for defeat to the Conservatives. But there were two gamechangers: the Liberals switched leaders from Justin Trudeau to Mark Carney, and Trump caused a national uproar with his aggressive tariffs and his call for Canada to become the 51st US state.

    Pre-election opinion polls then did a dramatic flip in favour of the Liberals, who went on to win their fourth election in a row.

    Poilievre’s campaign had adopted elements of the Trump style, such as attacking “wokeness” and using derogatory nicknames for opponents.

    His strategy failed as soon as Trump rolled out “America First” policies contrary to Canadians’ economic interests and national pride. The takeaway for serious right-wing leaders in liberal democracies is clear: let Trump do Trump; his brand is toxic.

    Not a universal trend

    Trump’s actions are harming America’s allies. His tariffs, disregard for the rule of law, and tough policies on migrants, affirmative action and climate change have seen voters outside the US react with self-protective patriotism.

    A perceived association with Trump’s brand has now upended the electoral fortunes of (so far) two centre-right parties that had been in line to win, and had been banking on the 2024 MAGA success somehow rubbing off on them.

    Admittedly, what has been dubbed the “Trump slump” isn’t a universal trend.

    In Germany, the centre-left Social Democratic-led government was ousted in February, in spite of Trump ally Elon Musk’s unhelpful support for the far-right, anti-immigrant Alternative for Germany (AfD) party.

    And in the United Kingdom, the populist Reform UK party has risen above 25%, while Labour has fallen from 34% in last year’s election to the low 20s in recent polls.

    But other governing centre-left parties are seeing an upside of the Trump effect.
    Norway’s next election is on September 8. In early January it looked like the incumbent Labour Party would be trounced by the Conservatives and the right-wing Progress Party.

    Opinion polls dramatically flipped in early February, however, boosting Labour from below 20% back into the lead, hitting 30%. If that trend is sustained, Prime Minister Jonas Gahr Støre will get another term in office.

    Denmark’s governing Social Democrats have enjoyed a small polling boost, too, since Trump declared he’d like to take Greenland off their hands.

    Lessons for NZ’s left and right

    The common denominator underlying these shifts to the left seems to be the Trump effect. Voters in countries normally closely allied with the US are turning away from Trump-adjacent politicians.

    In 2024, elections tended to go against incumbents. But, for now at least, people are rallying patriotically around centre-left, sitting governments.

    Ironically, Trump is harming leaders who could have been his allies. Unrepentant as always, the man himself seemed proud of the impact he had in Canada.

    Winston Peters: culture war rhetoric.
    Getty Images

    In Australia and New Zealand, polls in mid-2024 showed support for Trump was growing – heading well above 20%. Australia’s election suggests that trend may now be past its peak.

    In New Zealand, with debate over ACT’s contentious Treaty Principles Bill behind it, and despite NZ First leader Winston Peters’ overt culture-war rhetoric (which may appeal to his 6% support base), the right-wing coalition government’s polling shows it could be on track for a second term – for the time being.

    While the Trump effect may have benefited centre-left parties in Australia and Canada, polling for New Zealand’s Labour opposition is softer than at the start of the year.

    While “America First” policies continue to damage the global economy, centre-right leaders who learn the lesson will quietly distance themselves from the Trump brand, while maintaining cordial relations with the White House.

    Centre-left leaders, however, could do worse than follow Anthony Albanese’s example of not getting distracted by “Trump-lite” and instead promoting his own country’s values of fairness and mutual respect.

    Grant Duncan 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. A ‘Trump slump’ has lifted the left in Canada and now Australia – what are the lessons for NZ? – https://theconversation.com/a-trump-slump-has-lifted-the-left-in-canada-and-now-australia-what-are-the-lessons-for-nz-255715

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Australia: ‘Silver lining’ effect for many women who separate in midlife

    Source:

    05 May 2025

    A new study challenges a common assumption that Australian women who divorce or separate in midlife are destined for a bleak future.

    While finances can be a struggle and personal happiness declines in the short term, it gradually increases within a few years, often exceeding pre-divorce levels.

    That’s one finding from a South Australian study that tracked over 1400 women who had divorced or separated, comparing them with a control group of over 2500 women who remained in long-term relationships.

    Life satisfaction was tracked over multiple decades, using data from nine waves of the Australian Longitudinal Study on Women’s Health. The findings have been published in the Journal of Happiness Studies.

    Researchers from the University of South Australia (UniSA) and the University of Adelaide said that social support, perceived control, and income satisfaction influenced how well women adjusted after their relationships dissolved.

    Lead author, UniSA clinical psychology master’s student Olivia Arcangeli, says that divorce and separation are among the most stressful experiences of adulthood, yet little is known about the impact of later-life relationship dissolution.

    “When long-term relationships end during midlife (age 45-50), people still have decades ahead of them, but also less time to re-establish themselves financially and in other ways,” Arcangeli says.

    “We found that within three to four years, divorced and separated women returned to their pre-dissolution levels of life satisfaction. This contrasts with a similar study in Germany, which showed that women still had not returned to pre-divorce levels of happiness five to six years after their relationship ended.”

    The difference between the two countries may be attributed to more lenient attitudes towards divorce in Australia, where there is far less stigma around divorce than in Germany.

    University of Adelaide psychology lecturer, Dr Anastasia Ejova, says the Australian study showed that life satisfaction levels for divorced and separated women matched those of married and partnered women approximately 13.5 years after their relationship ended, and continued growing somewhat faster, slightly exceeding the control group’s life satisfaction in the last few years of measurement.

    “This finding can be explained through the lens of post-traumatic growth, whereby individuals who experience major crises may develop increased insight and gratitude regarding their circumstances, which in turn increases their wellbeing,” Dr Ejova says. “We would ideally need to keep following the women for another few years to see whether the faster growth post-separation is sustained.”

    Women whose life satisfaction levels fell sharply in the years surrounding the relationship breakup experienced greater long-term happiness afterwards.

    The researchers say this could be linked to feelings of relief after dealing with high levels of stress and conflict during their relationship.

    Among the control group, happiness levels also rose later in the marriage, consistent with the view that many marital problems were able to be resolved over time.

    Women with strong support networks, a sense of control over their lives, and a greater ability to manage on their available income reported higher life satisfaction post separation.

    The effects of re-partnering, having children, and education were either non-significant or unexpected.

    Unlike previous research on men and women, this study did not find re-partnering to improve life satisfaction levels post-divorce for Australian women. The researchers note it is possible that the benefits of re-partnering are more likely to be seen in men.

    In addition, despite an assumption that children present significant emotional and financial challenges for divorcees, the study showed minimal differences in happiness levels post-divorce between women with and without children.

    “The findings highlight the need for targeted support services for middle-aged women going through divorce and separation,” Arcangeli says.

    “Providing access to counselling, financial advice and social support networks could help women navigate the emotional and economic challenges of separation more effectively, making a big difference to their long-term wellbeing.”

    Notes for editors

    “Does Time Heal All Wounds? Life Satisfaction Trajectories in Australian Middle-Aged Women Before and After Relationship Dissolution” is published in the Journal of Happiness Studies.
    DOI: https://doi.org/10.1007/s10902-024-00853-5

    …………………………………………………………………………………………………………………………

    Media contact: Candy Gibson M: +61 434 605 142 E: candy.gibson@unisa.edu.au

    MIL OSI News

  • MIL-OSI Banking: Luis de Guindos: Interview with Die Presse

    Source: European Central Bank

    Interview with Luis de Guindos, Vice-President of the ECB, conducted by Jakob Zirm on 28 April 2025

    3 May 2025

    Die Presse: Since June 2024 the ECB has already cut interest rates seven times. How long will this period of interest rate cuts last?

    Luis de Guindos: This will depend on how inflation develops. But we can be optimistic because our latest forecasts show that, from the end of this year, inflation will be very close to our target of 2%. Moreover, inflation continues to fall thanks to three additional factors. First, the euro has appreciated. Second, energy and commodity prices are declining. And third, the current economic uncertainty about tariffs could lead to greater wage moderation than that already suggested by the latest survey results. All these elements contribute to bringing inflation further down. And this is the decisive factor in whether we continue to lower interest rates.

    Where would you place the neutral interest rate, i.e. the rate which neither stimulates nor restricts economic growth? Is this a target for the ECB?

    The discussion about the neutral rate is very interesting from an academic standpoint. However, it is not very helpful for monetary policy decision-making because the neutral rate cannot be directly observed. Our decisions are based on how inflation develops, our projections and how our monetary policy is transmitted to the real economy. And, as I said, we are optimistic that we will sustainably achieve our inflation target.

    The US Federal Reserve is lowering interest rates much more slowly than the ECB. Is the large interest rate differential between the United States and the euro area a problem?

    The situation in the United States and Europe is different. You should look not only at nominal interest rates, but also at real interest rates. In the United States, inflation and inflation expectations are higher than in Europe, due to a different economic outlook. So the interest rate differential is smaller in real terms. In addition, inflation is more persistent in the United States.

    We have policy space to pursue our own monetary policy, but of course we are monitoring what is happening in the United States.

    In 2022 the euro depreciated massively after the Federal Reserve hiked interest rates half a year sooner. Is there a similar risk again now?

    Not necessarily at the moment. Despite all the uncertainties and contrary to expectations, the euro appreciated after the tariff announcements. Exchange rate developments depend on many factors. We do not have any exchange rate objective, but we monitor the exchange rate closely because it is an important macroeconomic variable in our assessment of the risks for price stability.

    It is important to moderate exchange rate volatility.

    But if the trend reverses and the dollar becomes significantly stronger again, could this fuel inflation in the euro area again?

    We are closely monitoring exchange rate developments. But there are currently no signs of a weakening of the euro. Much will depend on how the current dispute over tariffs develops.

    The average inflation rate in the euro area is currently 2.2%. However, some eastern European countries still have inflation rates of 3% or 4%. Is inflation really under control everywhere in the euro area?

    Differences in inflation developments between countries are normal, it’s the average that is crucial. Our projections show that both headline and core inflation are on track to reach our 2% target. We are paying particular attention to monitoring services inflation, which is strongly influenced by wages. Here, too, we are seeing signs of a slowdown in wage dynamics.

    Let’s talk about growth. In March the ECB predicted GDP growth of 0.9% for the euro area in 2025. Is this still realistic given the tariff debate?

    You are right – this forecast was made before the announcement of US tariffs. Uncertainty we’ve seen since then has weighed on economic activity and is likely to delay investment and consumption. Uncertainty is always bad for the economy. We already pointed to such downside risks in our March projections. The risks are now materialising.

    In Austria, we are in recession for the third year in a row now. Could the entire euro area slide into a recession?

    No, our baseline continues to expect very low but positive growth. It’s well below potential growth, but I don’t think that the euro area is heading into a recession.

    US tariffs are currently suspended. How bad would the damage be if the trade war were to escalate?

    An all-out trade war would have a very serious impact on growth. I really hope it doesn’t come to that. It is also important to take the diversion effects that can occur in trade flows into account, making the consequences difficult to predict.

    US President Donald Trump recently launched a mass attack on the Federal Reserve and its Chair Jerome Powell. What are the consequences of such an attempt to exert political pressure on the work of central banks?

    The independence of central banks is crucial. It is key to their credibility and thus to combating inflation. Even when inflation was extremely high two years ago, inflation expectations in Europe remained anchored because the central bank was considered independent and credible. This credibility is essential to keep inflation expectations under control and, in particular, to avoid wage-price spirals.

    There has been a discussion on whether the euro’s role as a reserve currency could be strengthened if confidence in the US dollar declines. Do you see that as possible?

    The dollar is clearly leading as a reserve currency. The international importance of the euro is a lot less in comparison. Its future development depends on us, however. If Europe builds stronger capital markets and establishes itself as a true single market, the role of the euro at international level could be strengthened. Closer integration and a more pro-European approach are crucial.

    What would be needed to create a true European capital markets union?

    Three central pillars would be needed. First, we need a true single market – barriers and national legislation that impede further integration must be removed. Second, we need to complete the banking union. We already have single supervision and resolution, but we still lack a common deposit guarantee scheme. Third, we need to further develop the capital markets union itself. These three elements are interconnected – progress in one area is difficult without progress in the other two.

    Many support the capital markets union but little progress has been made. Who is blocking it?

    The problem is that without a true single market for goods and services, the capital markets union is also difficult to implement. The banking union is more advanced but there is still a lot to be done. Capital flows follow the real economy, which is why we need integrated goods and services markets.

    In this situation, does it help if national governments block cross-border bank mergers – as is currently the case in Germany, where UniCredit wishes to buy Commerzbank?

    I will not comment on any specific mergers. But in general, we support cross-border mergers because they are necessary to create truly European banks and complete the banking union.

    Is there too much nationalism in the European financial system?

    Sometimes there is too much national focus. But there is a growing awareness that Europe needs to become more independent. And the only way to remain relevant on the world stage is to be more European and a little less nationally focused.

    The European Commission is now also pushing ahead with the simplification of European regulation. This also applies to the financial market of course. Where should economic activity be made easier for businesses?

    The ECB has set up its own high-level task force, which I coordinate. It’s meant to draw up proposals by the end of the year, which will be passed on to the legislator. This may involve, for example, the implementation of Basel III or reporting, which could be streamlined, or the simplification of bank capital structure, to make it clearer and more understandable for investors. However, simplification does not mean de-regulation, it should not jeopardise banks’ solvency.

    When inflation was high, many euro area countries steeply increased their debt and the ECB bought many government bonds, which amounted to some 30% of the outstanding volume in the case of some countries. Is that a problem?

    Those measures were necessary in the context of the pandemic. But now we need to increase defence spending and preserve fiscal sustainability at the same time in order to avoid rising market interest rates and thus lower private investment. That won’t be easy.

    The Austrian central bank has reported annual losses of more than €2 billion in the past two years. This was due to the purchase of low-yield government bonds. Is that the hidden price of expansionary monetary policy?

    Our monetary policy is not determined by the profit and loss accounts of the central banks. Looking back, central banks have made significant gains over the past ten years. The current loss is a consequence of the high liquidity in the market, on which central banks have to pay higher interest rates. However, this liquidity is currently being reduced at a fast pace. The situation will improve in the future.

    Are the high debt levels of euro area countries jeopardising future growth?

    When markets have doubts about debt sustainability, market interest rates rise, which can reduce private investment. That is why a credible and sustainable fiscal policy is crucial.

    MIL OSI Global Banks

  • MIL-OSI Global: Yale scholars’ move to Canada can prompt us to reflect on the rule of law

    Source: The Conversation – Canada – By Jeffrey B. Meyers, Instructor, Legal Studies and Criminology, Kwantlen Polytechnic University

    In the most non-controversial and basic sense, the rule of law means formal legality. The law binds citizens and governments. When it comes to nation states, law is enacted by democratically elected legislatures; legal statutes are openly available and sufficiently clear to follow. State actions can be judicially reviewed for compliance with a constitution.

    In its more ambitious conceptualization, the rule of law can also be understood to include substantive human rights and equity. In Canada, The Constitution Act of 1982 references the rule of law in its preamble.

    The modern Canadian iteration of the rule of law — which includes substantive ideas about human rights as well as Indigenous treaty rights — is based on liberal ideas shared by many countries, including, historically, the United States. What distinguishes a rule-of-law state from an authoritarian one to a large extent is whether state actions can be judicially reviewed for compliance with a constitution.

    Although rule of law scholars debate the parameters of the concept of the rule of law, few would debate that what is happening during U.S. President Donald Trump’s second term presents anything other than a wholesale attack on the rule of law both domestically in the U.S and internationally.

    I am a rule of law researcher, educator and lawyer. Since Trump was elected to his first term in 2016, I’ve relied on American scholars, from a variety of disciplines, to understand what is happening.

    These include two prominent Yale professors, philosopher Jason Stanley and historian Timothy Snynder, both of whom have recently announced they’re moving to the Munk School of Global Affairs at the University of Toronto.

    Authoritarian impulse

    In their scholarship, Stanley and Snyder have sought to explain the authoritarian impulses of the first Trump administration and how to resist it.

    Stanley’s father, a German Jew who fled Germany for America in 1939, carries the remembrance of fascism.

    Both Stanley and Snyder explore the similarities between what is occurring in Trump’s America, Viktor Orban’s Hungary, Vladimir Putin’s Russia, Xi Jinping’s China and, equally chillingly, between Trump’s America and Adolf Hitler’s Germany. Even prior to the first Trump presidency, Stanley already asked in his 2015 book, How Propoganda Works, whether the U.S., “the world’s oldest liberal democracy,” might already have become a liberal democracy “in name only?”




    Read more:
    Why the radical right has turned to the teachings of an Italian Marxist thinker


    Examination of propaganda, rhetoric

    In his 2018 book, The Road to Unfreedom: Russia, Europe, America, Snyder described Trump as a “sado-populist, whose policies were designed to hurt the most vulnerable people of his own electorate.”

    Stanley’s focus on propaganda and rhetoric were especially useful for framing the politics of Trump.

    Similarly, Snyder’s focus on the similarities between Trump and other authoritarian leaders, through their attachment to extreme illiberal ideologies, helped frame public discourse in the U.S. during the first Trump presidency. “Illiberal” does not imply conservative in opposition to “being liberal” (with the resonance of “leftist”); rather, it denotes a repudiation of liberal democracy, in the words of political scientist Thomas J. Main.

    Both Stanley and Snyder are on the public record explaining their decision to immigrate to Canada, on the basis that they can no longer continue their scholarly activities in an American university, even a premier one like Yale.

    Jason Stanley speaks with Amanpour and Company.

    Improper interference

    This is an admission by important thinkers that civil society, intellectuals and critical scholars, in particular, are under assault.

    It comes as no surprise given other developments. Trump’s executive orders, threats to some university funding and crackdowns on activists and academics — as well as the attempted deportations of those without U.S. citizenship — have used the idea of combatting campus antisemitism as cover for an attack on free expression, academic independence and student activism.

    From my perspective as a Jewish person, a post-secondary teacher and as someone with a legal education, all of these developments have hit hard, especially alongside accounts of some of America’s most prestigious law firms caving to improper interference by the Trump administration.

    What ‘fascism’ means

    In the introduction to his bestselling 2020 book, How Fascism Works, Stanley wrote: “In recent years, multiple countries across the world have been overtaken by a certain kind of far-right nationalism; the list includes Russia, Hungary, Poland, India, Turkey and the United States.”

    He explains the choice of the word “fascism” to speak about each of these countries, despite their differences of degree and context:

    “I have chosen the label ‘fascism’ for ultra nationalism of some variety (ethnic, religious, cultural), with the nation represented in the person of an authoritarian leader who speaks on its behalf. As Donald Trump declared in his Republican National Convention speech in July 2016, ‘I am your voice.’”

    In his similarly bestselling book, On Tyranny, published in 2017, Snyder wrote: “To abandon facts is to abandon freedom. If nothing is true, then no one can criticize power, because there is not basis upon which to do so. If nothing is true, then all is spectacle. The biggest wallet pays for the most blinding lights.”

    Now that Trump is back in office, Stanley and Snyder, as well as Snyder’s Yale colleague and spouse, Marie Shore, the celebrated author of The Ukrainian Night, are leaving Yale for Canada with good reason.

    Author Timothy Snyder speaks about Democracy and the Risk of Tyranny with Public Policy Forum.

    Shared mutual concern

    While the departure of a handful of prominent academics is hardly a trend, it raises questions about whether there will be an accelerated academic “brain drain”, or more American students in Canada.

    As a Canadian, I would like to say America’s loss is our gain, and I wish these scholars well. I am also aware that narratives of flight to Canada as refuge have historically bolstered national myths while obscuring Canadian inequities. My hope is that Canadians will not observe the arrival of U.S. scholars with smugness, but instead with shared concern.

    We should not be blind to this unique moment in which Canada is called to revisit why we care about Canada and keep watch on the rule of law. Yet, we must also recognize our own profound historical blind spots.

    For example, while an overt threat to sovereignty is new for some Canadians, it is nothing new for Canada’s Indigenous Peoples. Today it’s important to understand the distinctively Canadian importance of Indigenous law to any reaffirmation of the rule of law tradition in Canada in the 21st century.




    Read more:
    Wet’suwet’en hereditary chief is ‘prisoner of conscience’ after failure of Delgamuukw ruling 25 years ago


    Too much cynicism might prevent us from acknowledging the importance of these three scholars’ decisions to leave their country and come to ours at this particular time in history. However, my hope is also that we are also inspired by their considerable truth-telling skills to demand Canada also do better.

    Jeffrey B. Meyers 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. Yale scholars’ move to Canada can prompt us to reflect on the rule of law – https://theconversation.com/yale-scholars-move-to-canada-can-prompt-us-to-reflect-on-the-rule-of-law-254434

    MIL OSI – Global Reports

  • MIL-OSI Asia-Pac: WAVES Bazaar 2025 garners over ₹250 Crore in Deals and Unveils Major International Alliances: Sanjay Jaju, Secretary, I&B

    Source: Government of India

    Posted On: 02 MAY 2025 9:33PM by PIB Mumbai

    Mumbai, 2 May 2025

     

    WAVES Bazaar, the flagship global market initiative of the WAVES Summit, has emerged as a powerful catalyst for international collaboration in the media and entertainment industry. Designed to connect creators with investors, buyers, and collaborators across borders, WAVES Bazaar is poised to transform India into a strategic hub for content commerce. WAVES Bazaar 2025 garners over ₹250 Crore in Deals and Unveils Major International Alliances, informed Sanjay Jaju, Secretary, I&B at WAVES in Mumbai today.

    In its inaugural edition, WAVES Bazaar brought together leading players from over 22 countries—including South Korea, Japan, USA, Germany, Russia, Netherlands, and New Zealand—and featured participation from 95 global buyers and 224 sellers. Key buyers included Netflix, Amazon Prime Video, Meta, Disney Star, Zee Entertainment, Banijay Asia, Warner Bros. Discovery, Sony LIV, YRF, Dharma, Jio Studios, Rotterdam Film Festival, and Rushlake Media.

    Viewing Room & Market Screenings:

    115 filmmakers presented completed works to international buyers.15 standout projects were selected as Top Selects from the Viewing Room and showcased live. These filmmakers were felicitated by acclaimed casting director Mukesh Chhabra, with actor Tiger Shroff joining to support one of the selected titles. Market Screenings, showcased 15 notable and appreciated projects from talented filmmakers.

    Pitch Room: From 104 project submissions, 16 curated projects were selected to pitch live, offering early-stage creators a platform to engage directly with industry stakeholders in the over 2 days of Waves Bazaar.

    B2B Buyer-Seller Market: WAVES Bazaar launched India’s first dedicated B2B buyer-seller meetings in association with FICCI (Federation of Indian Chambers of Commerce & Industry), held from May 1–3, enabling targeted deal-making and creative business development.

    Early Business Outcomes

    WAVES Bazaar recorded confirmed transactions worth ₹250 crore across film, music, animation, radio, and VFX sectors within the first day and a half of the market. This figure is expected to rise significantly over the next two days and expected to cross more than 400 crores.

    Notable deals and Landmark Announcements on May 2, 2025

    • Khidki Gaon, a Top Selects film, secured a post-production and VFX deal with the Asian Cinema Fund. The Asian Cinema Fund (ACF) is a support program of the Busan International Film Festival that provides funding for Asian films, including both fiction and documentary projects.
    • Indo-European Animation Alliance (€30 Million) 

    Broadvision Perspectives (India) and Fabrique d’Images Group (Europe) announced a €30 million co-production agreement for four animated features. Each title, budgeted at €7–8 million, will be developed under Indo-French and Indo-Belgian treaty frameworks. The alliance was formalized by Mark Mertens (COO, FDI Group) and Sriram Chandrasekaran (Founder & CEO, Broadvision), establishing a new benchmark for international animation collaborations from India.

    • India–UK Co-Production MoU Signed

    Amanda Groom (Founder & CEO, The Bridge, UK) and Munjal Shroff (Co-founder, Graphiti Studios, India) signed an MoU to co-develop a slate of factual series exploring India’s colonial history. The partnership, developed over years of collaboration since Film Bazaar and finalized at Content India, marks a significant step in transnational storytelling.

    • “Shin chan India Year” Initiative Launched by TV Asahi

    TV Asahi announced the “Shin chan India Year” to celebrate the franchise’s immense popularity in India. Highlights include:

    • Theatrical release of Shin chan: Our Dinosaur Diary on May 9
    • A Diwali 2025 release of a second film, The Spicy Kasukabe Dancers in India
    • Fan engagement events at Anime India (August) and Mela Mela JAPAN (September)

    This initiative further establishes India’s rising role in the global anime ecosystem and strengthens Indo-Japanese cultural ties.

     

    * * *

    PIB TEAM WAVES 2025 | Rajith/ Nikita/ LekshmiPriya/ Darshana | 157

    (Release ID: 2126356) Visitor Counter : 95

    MIL OSI Asia Pacific News

  • MIL-OSI Europe: Luis de Guindos: Interview with Die Presse

    Source: European Central Bank

    Interview with Luis de Guindos, Vice-President of the ECB, conducted by Jakob Zirm on 28 April 2025

    3 May 2025

    Die Presse: Since June 2024 the ECB has already cut interest rates seven times. How long will this period of interest rate cuts last?

    Luis de Guindos: This will depend on how inflation develops. But we can be optimistic because our latest forecasts show that, from the end of this year, inflation will be very close to our target of 2%. Moreover, inflation continues to fall thanks to three additional factors. First, the euro has appreciated. Second, energy and commodity prices are declining. And third, the current economic uncertainty about tariffs could lead to greater wage moderation than that already suggested by the latest survey results. All these elements contribute to bringing inflation further down. And this is the decisive factor in whether we continue to lower interest rates.

    Where would you place the neutral interest rate, i.e. the rate which neither stimulates nor restricts economic growth? Is this a target for the ECB?

    The discussion about the neutral rate is very interesting from an academic standpoint. However, it is not very helpful for monetary policy decision-making because the neutral rate cannot be directly observed. Our decisions are based on how inflation develops, our projections and how our monetary policy is transmitted to the real economy. And, as I said, we are optimistic that we will sustainably achieve our inflation target.

    The US Federal Reserve is lowering interest rates much more slowly than the ECB. Is the large interest rate differential between the United States and the euro area a problem?

    The situation in the United States and Europe is different. You should look not only at nominal interest rates, but also at real interest rates. In the United States, inflation and inflation expectations are higher than in Europe, due to a different economic outlook. So the interest rate differential is smaller in real terms. In addition, inflation is more persistent in the United States.

    We have policy space to pursue our own monetary policy, but of course we are monitoring what is happening in the United States.

    In 2022 the euro depreciated massively after the Federal Reserve hiked interest rates half a year sooner. Is there a similar risk again now?

    Not necessarily at the moment. Despite all the uncertainties and contrary to expectations, the euro appreciated after the tariff announcements. Exchange rate developments depend on many factors. We do not have any exchange rate objective, but we monitor the exchange rate closely because it is an important macroeconomic variable in our assessment of the risks for price stability.

    It is important to moderate exchange rate volatility.

    But if the trend reverses and the dollar becomes significantly stronger again, could this fuel inflation in the euro area again?

    We are closely monitoring exchange rate developments. But there are currently no signs of a weakening of the euro. Much will depend on how the current dispute over tariffs develops.

    The average inflation rate in the euro area is currently 2.2%. However, some eastern European countries still have inflation rates of 3% or 4%. Is inflation really under control everywhere in the euro area?

    Differences in inflation developments between countries are normal, it’s the average that is crucial. Our projections show that both headline and core inflation are on track to reach our 2% target. We are paying particular attention to monitoring services inflation, which is strongly influenced by wages. Here, too, we are seeing signs of a slowdown in wage dynamics.

    Let’s talk about growth. In March the ECB predicted GDP growth of 0.9% for the euro area in 2025. Is this still realistic given the tariff debate?

    You are right – this forecast was made before the announcement of US tariffs. Uncertainty we’ve seen since then has weighed on economic activity and is likely to delay investment and consumption. Uncertainty is always bad for the economy. We already pointed to such downside risks in our March projections. The risks are now materialising.

    In Austria, we are in recession for the third year in a row now. Could the entire euro area slide into a recession?

    No, our baseline continues to expect very low but positive growth. It’s well below potential growth, but I don’t think that the euro area is heading into a recession.

    US tariffs are currently suspended. How bad would the damage be if the trade war were to escalate?

    An all-out trade war would have a very serious impact on growth. I really hope it doesn’t come to that. It is also important to take the diversion effects that can occur in trade flows into account, making the consequences difficult to predict.

    US President Donald Trump recently launched a mass attack on the Federal Reserve and its Chair Jerome Powell. What are the consequences of such an attempt to exert political pressure on the work of central banks?

    The independence of central banks is crucial. It is key to their credibility and thus to combating inflation. Even when inflation was extremely high two years ago, inflation expectations in Europe remained anchored because the central bank was considered independent and credible. This credibility is essential to keep inflation expectations under control and, in particular, to avoid wage-price spirals.

    There has been a discussion on whether the euro’s role as a reserve currency could be strengthened if confidence in the US dollar declines. Do you see that as possible?

    The dollar is clearly leading as a reserve currency. The international importance of the euro is a lot less in comparison. Its future development depends on us, however. If Europe builds stronger capital markets and establishes itself as a true single market, the role of the euro at international level could be strengthened. Closer integration and a more pro-European approach are crucial.

    What would be needed to create a true European capital markets union?

    Three central pillars would be needed. First, we need a true single market – barriers and national legislation that impede further integration must be removed. Second, we need to complete the banking union. We already have single supervision and resolution, but we still lack a common deposit guarantee scheme. Third, we need to further develop the capital markets union itself. These three elements are interconnected – progress in one area is difficult without progress in the other two.

    Many support the capital markets union but little progress has been made. Who is blocking it?

    The problem is that without a true single market for goods and services, the capital markets union is also difficult to implement. The banking union is more advanced but there is still a lot to be done. Capital flows follow the real economy, which is why we need integrated goods and services markets.

    In this situation, does it help if national governments block cross-border bank mergers – as is currently the case in Germany, where UniCredit wishes to buy Commerzbank?

    I will not comment on any specific mergers. But in general, we support cross-border mergers because they are necessary to create truly European banks and complete the banking union.

    Is there too much nationalism in the European financial system?

    Sometimes there is too much national focus. But there is a growing awareness that Europe needs to become more independent. And the only way to remain relevant on the world stage is to be more European and a little less nationally focused.

    The European Commission is now also pushing ahead with the simplification of European regulation. This also applies to the financial market of course. Where should economic activity be made easier for businesses?

    The ECB has set up its own high-level task force, which I coordinate. It’s meant to draw up proposals by the end of the year, which will be passed on to the legislator. This may involve, for example, the implementation of Basel III or reporting, which could be streamlined, or the simplification of bank capital structure, to make it clearer and more understandable for investors. However, simplification does not mean de-regulation, it should not jeopardise banks’ solvency.

    When inflation was high, many euro area countries steeply increased their debt and the ECB bought many government bonds, which amounted to some 30% of the outstanding volume in the case of some countries. Is that a problem?

    Those measures were necessary in the context of the pandemic. But now we need to increase defence spending and preserve fiscal sustainability at the same time in order to avoid rising market interest rates and thus lower private investment. That won’t be easy.

    The Austrian central bank has reported annual losses of more than €2 billion in the past two years. This was due to the purchase of low-yield government bonds. Is that the hidden price of expansionary monetary policy?

    Our monetary policy is not determined by the profit and loss accounts of the central banks. Looking back, central banks have made significant gains over the past ten years. The current loss is a consequence of the high liquidity in the market, on which central banks have to pay higher interest rates. However, this liquidity is currently being reduced at a fast pace. The situation will improve in the future.

    Are the high debt levels of euro area countries jeopardising future growth?

    When markets have doubts about debt sustainability, market interest rates rise, which can reduce private investment. That is why a credible and sustainable fiscal policy is crucial.

    MIL OSI Europe News

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for May 3, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on May 3, 2025.

    ‘Super antibodies’ for snake toxins: how a dangerous DIY experiment helped scientists make a new antivenom
    Source: The Conversation (Au and NZ) – By Christina N. Zdenek, Associate Researcher, The University of Queensland Scientists in the United States have created a new snake antivenom using the blood of a man who deliberately built up immunity to snakebites by injecting himself with many different kinds of venom more than 800 times over

    Human rights group calls for probe into attack on Freedom Flotilla ship
    Asia Pacific Report A human rights agency has called for an investigation into the drone attacks on the Gaza Freedom Flotilla aid ship Conscience with Israel suspected of being responsible. The Euro-Med Human Rights Monitor said in a statement that the deliberate targeting of a civilian aid ship in international waters was a “flagrant violation”

    RSF condemns Israeli targeting of Gaza journalists – then slandering them in death
    Pacific Media Watch After a year and a half of war, nearly 200 Palestinian journalists have been killed by the Israeli army — including at least 43 slain on the job. Reporters Without Borders (RSF) has brought multiple complaints before the International Criminal Court (ICC) and continues to tirelessly support Gazan journalists, working to halt

    Final polls give Labor a clear lead before the election
    Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne With those who haven’t already cast a pre-poll vote ready to hit the polling places tomorrow, a final batch of polls give Labor a firm lead. The

    Culture wars and costings: election special podcast with Michelle Grattan and Amanda Dunn
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra As we roll into the dying hours of the election campaign, the polls are suggesting a Labor win, although it is not yet clear if it will be in minority or majority. Chief Political Correspondent Michelle Grattan and Politics Editor

    Keith Rankin Analysis – The Great World War 1914-1945: Germany, Russia, Ukraine
    Analysis by Keith Rankin. On Anzac Day we remembered World War One and World War Two, or at least the peripheral little bits of those imperial wars that New Zealand was involved in. There was and is little context given to how New Zealand got involved with such far-away wars which need never have become

    What is iNaturalist? The citizen science app playing an unlikely role in Erin Patterson’s mushroom murder trial
    Source: The Conversation (Au and NZ) – By Caitlyn Forster, Associate Lecturer, School of Life and Environmental Sciences, University of Sydney Death cap mushrooms (_Amanita phalloides_) Jolanda Aalbers/Shutterstock The world has been gripped by the case of Australian woman Erin Patterson, who was charged with the murder of three people after allegedly serving them a

    Fake news and the election campaign – how worried should voters be?
    Source: The Conversation (Au and NZ) – By Andrea Carson, 2024 Oxford University visiting research fellow RIJS; Professor of Political Communication., La Trobe University shutterstock JRdes/Shutterstock The spread of electoral misinformation and disinformation is undermining democracies around the world. The World Economic Forum has identified the proliferation of false content as the leading short-term global

    The MMR vaccine doesn’t contain ‘aborted fetus debris’, as RFK Jr has claimed. Here’s the science
    Source: The Conversation (Au and NZ) – By Hassan Vally, Associate Professor, Epidemiology, Deakin University Robert F. Kennedy Jr, the United States’ top public health official, recently claimed some religious groups avoid the measles, mumps and rubella (MMR) vaccine because it contains “aborted fetus debris” and “DNA particles”. The US is facing its worst measles

    Scientists surprised to discover mayflies and shrimp making their bodies out of ancient gas
    Source: The Conversation (Au and NZ) – By Paul McInerney, Senior Research Scientist in Ecosystem Ecology, CSIRO The native shrimp _Paratya australiensis_ was among the species found to incorporate carbon from natural gas into their bodies in the Condamine River. Chris Van Wyk/Flickr, CC BY-NC-ND What’s the currency for all life on Earth? Carbon. Every

    Archibald Packing Room Prize goes to Abdul Abdullah for Jason Phu portrait, among broader set of bold and deeply personal works
    Source: The Conversation (Au and NZ) – By Joanna Mendelssohn, Honorary Senior Fellow, School of Culture and Communication. Editor in Chief, Design and Art of Australia Online, The University of Melbourne Winner Packing Room Prize 2025, Abdul Abdullah ‘No mountain high enough’, oil on linen, 162.4 x 136.7cm © the artist, image © Art Gallery

    New Zealand condemned for failing to make ICJ humanitarian case over Gaza genocide
    Asia Pacific Report The advocacy group Palestine Solidarity Network Aotearoa has condemned the New Zealand government fpr failing to make a humanitarian submission to the International Court of Justice (ICJ) hearings at The Hague this week into Israel blocking vital supplies entering Gaza. The ICJ’s ongoing investigation into Israeli genocide in the besieged enclave is

    The Liberals’ women problem may seem intractable, but here’s what they could learn from the Teals
    Source: The Conversation (Au and NZ) – By Phoebe Hayman, PhD Candidate and Casual Academic in Politics, La Trobe University The impression of the Liberal Party as out of touch with women persists in this year’s election. The party’s “women problem” was brought into sharp focus by the backlash to its now-abandoned policy to stop

    This NZ law aims to give people with criminal convictions a ‘clean slate’. It’s not working
    Source: The Conversation (Au and NZ) – By Alexander Plum, Senior Research Fellow, Auckland University of Technology Andrey_Popov/Shutterstock If you own a business, would you be willing to hire a person who has been convicted for a crime? Give them a chance when a background check shows they have a criminal record? The answers matter

    ER Report: A Roundup of Significant Articles on EveningReport.nz for May 2, 2025
    ER Report: Here is a summary of significant articles published on EveningReport.nz on May 2, 2025.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Banking: Cell and gene therapy market set to grow at 31.3% CAGR through 2030, forecasts GlobalData

    Source: GlobalData

    Cell and gene therapy market set to grow at 31.3% CAGR through 2030, forecasts GlobalData

    Posted in Pharma

    The global dermatological cell and gene therapy (CGT) market is poised for exceptional growth at a compound annual growth rate (CAGR) of 31.3%, with sales projected to rise from $291 million in 2024 to $1.5 billion in 2030. Significant advancements in treatments for dermatology disorders are anticipated, driven by innovations from both small to mid-size pharma and biotech companies, says GlobalData, a leading data and analytics company.

    Krystal Biotech’s Vyjuvek (beremagene geperpavec), the first-ever and only redosable gene therapy, received FDA approval in May 2023 for dystrophic epidermolysis bullosa (DEB), a serious rare genetic disease that affects the skin and mucosal tissue.

    Momna Ali, Healthcare Analyst at GlobalData, comments: “GlobalData anticipates future therapies in development to treat DEB will likely be the primary driving force of market growth of the dermatology CGT landscape, contributing $1.2 billion by 2030, accounting for 80.11% of total CGT sales.”

    As per the key opinion leaders (KOLs) interviewed by GlobalData, there has been a heavy focus on DEB due to it being one of the first indications where gene therapy was actively pursued. It has remained the primary focus in gene therapy as there is a huge unmet need given that current treatments, apart from Vyjuvek, are supportive and palliative.

    Ali adds: “There is an opportunity for geographical expansion for the existing players in the CGT space, Krystal Biotech’s Vyjuvek and Rheacell Pharmaceutical’s Amesanar, resulting in gene therapies potentially dominating the CGT market in dermatology disorders.”

    In February 2025, Krystal Biotech received a positive opinion for Vyjuvek to treat DEB from the Committee for Medicinal Products for Human Use (CHMP), with the final EC decision anticipated in Q2 2025. Aditionally, anticipates a regulatory decision on its DEB mesenchymal stem cell therapy (ABCB5+ MSCs) within the next few years, potentially enabling a launch in the US. Additional market opportunities include further expansion in the EU beyond Germany and the UK.”

    Although the landscape outlook appears to be positive, market challenges remain. KOLs noted that the key hurdles are associated with the administration of gene therapies, which pose a challenge to treatment delivery, such as immune responses to vectors or gene products, as well as mutagenicity. However, companies are developing less immunogenic viral vectors and exploring non-invasive methods such as topical delivery systems. For example, in 2023, Krystal Biotech set a precedent for a topical gene therapy utilizing HSV-1 vectors in the dermatology market.

    Ali concludes: “Despite the challenges such as safe delivery of genetic material, pricing, and access barriers, GlobalData anticipates significant growth in the global dermatological CGT market in the future. This growth is expected to be driven by two key factors: strong demand from patients seeking curative treatments for their diseases, and widespread interest among both small and mid-pharma companies in discovering the next breakthrough transformative gene therapy to give Krystal Biotech’s Vyjuvek some solid competition.”

    MIL OSI Global Banks

  • MIL-OSI United Kingdom: Previously unheard Nazi tapes released ahead of WW2 80th anniversary Digitized recordings of conversations with protagonists of 20th century conflict – including undercover conversations with high-ranking Nazis who fled to semi-hiding in South America – will be released ahead of the 80th anniversary of Germany’s surrender in World War Two.

    Source: University of Aberdeen

    Digitized recordings of conversations with protagonists of 20th century conflict – including undercover conversations with high-ranking Nazis who fled to semi-hiding in South America – will be released ahead of the 80th anniversary of Germany’s surrender in World War Two.
    They form part of the Gerd Heidemann collection held at the Hoover Institution Library & Archives at Stanford University, which  is described by University of Aberdeen historian and Hoover Visiting Fellow Professor Thomas Weber as ‘the most important private collection on the Third Reich and the inner lives of extremists acquired by a university archive’.
    Weber and his Hoover colleague Kathatina Friedla facilitated the acquisition of the archive by Hoover, which includes an abundance of conversations with Nazis spanning the 1960s to the 1990s. Friedla is the Taube Family Curator for European Collections at Hoover’s Library & Archives.
    Among those Heidemann interviewed – included in the material made available – is Bruno Streckenbach the head of personnel of the SS agency in charge of the Holocaust, who spoke about what Heydrich and Himmler had told him regarding Hitler’s role in the Holocaust.
    The release of the recordings and transcriptions in both German and English, will allow researchers to explore, understand, and learn from voices of the past.
    The conversations were conducted by German investigative journalist Gerd Heidemann – a contentious figure who accumulated an expansive trove of materials that document major world events, war, and dictatorship in the twentieth century. His reputation was sullied in 1983 by the acquisition of forged Hitler diaries but new research led by Weber and Friedla has shown that he played a crucial role hunting down Nazis, which included work over two decades for the Israeli intelligence services.
    The Hoover Institution, together with Weber, went to great lengths to authenticate Heidemann’s Collection, which included an authentication of Streckenbach’s voice recording by the former head of the voice recognition unit of the German Federal Police.
    Weber and Friedla say the release of the Heidemann tapes is an important landmark in understanding the inner lives of key Nazi perpetrators.
    “It is due to the tenacity and diligence of Gerd Heidemann as an investigative journalist that we now have at our hands a collection of more than seven thousand folders of papers and a hundred thousand photos in addition to the audio tapes pertaining to 20th century conflict,” they said.
    Professor Weber met Heidemann, who died in 2024 aged 93, more than 20 times over a ten-year period.
    “We long knew about the World Press Photo Award that Heidemann won in the 1960s for his coverage of colonial warfare. Through an interview I recorded with Gerd Heidemann two weeks prior to his death, we now also know much better about the trust Mossad’s Nazi war crime unit put in him in the 1970s in hunting down Nazi war criminals in hiding,” Professor Weber said.
    “Camouflaging as an aide to former SS-General Karl Wolff, Himmler’s liaison officer to Hitler, Heidemann managed to get in touch with the community of Nazis who had fled to South America, including Klaus Barbie, the ‘butcher of Lyon’, responsible for the deaths of many Jews and resistance fighters.
    Professor Weber added that the newly released tapes show that while being recorded by Heidemann, Barbie and other Nazi war criminals boasted perfectly openly of what they had done, assuming they were speaking among friends.
    “The recordings pull away the rug under the lies that Nazi perpetrators told in postwar court rooms. Back in Germany, Heidemann managed to get Bruno Streckenbach to reveal how SS perpetrators and their lawyers had lied in court rooms in a coordinated fashion about their role in the ‘Holocaust by Bullets’, which resulted in the death of 1.5 million Ukrainian Jews,” Weber said.
     “This is an enormous archive and we’ve only really begun to scratch the surface of the secrets like this that it may hold.
    Historians, alongside all those interested in the meaning and role of history, can now begin to sift through the ‘new trove of material’ that will allow them to study in greater detail than ever before the first-person perspective of the radicalization and crimes against humanity by extremists, something Professor Weber says is absolutely vital at a time at which the world once again is starting to give in to the lure of extreme political behaviour.
    “In line with new breakthroughs in the study of extremism, we need triangulate the inner lives of extremists against other evidence relating to their behaviour”, he said.
    “As Dutch scholar of extremism Rik Peels has said, ‘extremists are also people who act from convictions, for reasons, who have intentions and goals, who think and reflect and make difficult choices. To truly understand and explain radicalization, we must not only look at all kinds of factors that transcend them, but also at what they themselves bring to the table when they explain their beliefs and actions.
    “I have spent more than a decade working to ensure the Heidemann archive could be preserved, and with the wonderful work of Katharina and the Hoover Institution Library & Archives, it will now be opened up to researchers and the general public across the globe.”
    For more information about this collection, visit the Hoover Institution Library & Archives digital collections website and YouTube channel.

    MIL OSI United Kingdom

  • MIL-OSI Europe: REPORT on the request for waiver of the immunity of Petr Bystron – A10-0077/2025

    Source: European Parliament

    PROPOSAL FOR A EUROPEAN PARLIAMENT DECISION

    on the request for waiver of the immunity of Petr Bystron

    (2024/2047(IMM))

    The European Parliament,

     having regard to the request for waiver of the immunity of Petr Bystron, received by letter dated 27 August 2024 from the German Federal Ministry of Justice, transmitting a request of 23 July 2024 from the Munich Public Prosecutor, in connection with criminal proceedings underway at the Munich Public Prosecutor’s Office, and announced in plenary on 16 September 2024,

     having heard Petr Bystron on 13 February 2025, in accordance with Rule 9(6) of its Rules of Procedure, and having regard to the documents submitted by him,

     having regard to Articles 8 and 9 of Protocol No 7 on the Privileges and Immunities of the European Union and to Article 6(2) of the Act of 20 September 1976 concerning the election of the Members of the European Parliament by direct universal suffrage,

     having regard to the judgments of the Court of Justice of the European Union of 21 October 2008, 19 March 2010, 6 September 2011, 17 January 2013, 19 December 2019 and 5 July 2023[1],

     having regard to Article 46 of the Basic Law of the Federal Republic of Germany,

     having regard to Rule 5(2), Rule 6(1) and Rule 9 of its Rules of Procedure,

     having regard to the report of the Committee on Legal Affairs (A10-0077/2025),

    A. whereas the Munich Public Prosecutor has requested the waiver of the parliamentary immunity of Petr Bystron, Member of the European Parliament, in connection with the charges brought against him pursuant to Article 108(1), Article 261(1)(2), Article 261(7), Article 263(1) and Article 263(3)(1) of the German Criminal Code, Article 370(1) of the German General Tax Code and Article 53 of the German Criminal Code, concerning alleged offences of at least six counts of passive corruption, money laundering and fraud, and at least five counts of tax evasion;

    B. whereas the request for waiver of immunity states that, from an unspecified time in 2020, Peter Bystron may, inter alia, have received cash payments in person or received cryptocurrency transfers from the operator of the pro-Russian website ‘Voice of Europe’ in return for his commitment to speak and vote, as a member of the national parliament, in the interests of the Russian Government; whereas Peter Bystron reportedly deposited considerable sums in an ATM on 17 and 20 March 2023 into an account belonging to the company of which he is the sole shareholder and manager; whereas on 20 March 2023, he then withdrew the same amount in denominations of EUR 200 from an ATM of the same bank; whereas, in response to a request from the bank, Petr Bystron provided no explanation as to the reason for these suspicious movements; whereas Petr Bystron also deposited several sums in July 2021, April 2022, September 2022, and in June and July 2023 from the alleged bribes he received in cash; whereas Petr Bystron reportedly tried to conceal the origin of the cash; whereas the Public Prosecutor has transaction records of all the accounts of Petr Bystron and the company, of which he is the sole shareholder and manager, from 2020 onwards; whereas this has reportedly made it possible to detect further cash payments and to conclude that bribes that he allegedly received at an earlier point in time did in fact exist;

    C. whereas in several deliberations of the national parliament, of which Petr Bystron was a member at the time of the alleged facts, on Russia-related issues, he has, since 2022, reportedly voted in a manner clearly most favourable to the interests of the Russian Government and has given at least two speeches before the German Bundestag in which he defended a pro-Russian position;

    D. whereas Petr Bystron, who was entitled, under the German Law on Members of Parliament, to a flat-rate allowance intended, inter alia, to recruit staff, is said to have entered into an employment contract with his lawyer in October 2021 and to have also agreed to five amendments to that contract, each altering the weekly working hours and monthly salary of his lawyer; whereas the flat-rate allowance may be used only if the intended purpose or the activities concerned have a sufficient connection with the exercise of the mandate; whereas the work carried out under that contract did not relate to the exercise of the parliamentary mandate or the work expected was not carried out, but remuneration was paid nonetheless as a result of having misled the staff member in charge of authorising the payment; whereas this remuneration is said to have led the Federal Republic of Germany to incur a loss in the amount of EUR 97 400.00;

    E. whereas in the financial years 2017 to 2021, Petr Bystron, through the tax advisor of the company of which he is the sole shareholder and manager, is said to have submitted incorrect VAT returns to the Munich tax authorities, containing private expenditure that has no connection with that company’s commercial activity; whereas, as a result of this incorrect information on the VAT returns, an undue refund of VAT totalling EUR 9 949.17 was reportedly paid;

    F. whereas Petr Bystron was elected to the European Parliament in the European elections in 2024 in Germany and was not a Member of the European Parliament at the time of the alleged offences;

    G. whereas the alleged offences and the subsequent request for waiver of his immunity are not related to an opinion expressed or a vote cast by Petr Bystron in the performance of his duties within the meaning of Article 8 of Protocol No 7 on the Privileges and Immunities of the European Union;

    H. whereas Article 9, first paragraph, point (a) of Protocol No 7 on the Privileges and Immunities of the European Union provides that Members of the European Parliament enjoy, in the territory of their own State, the immunities accorded to members of their parliament;

    I. whereas Article 46(2), (3) and (4) of the Basic Law of the Federal Republic of Germany provides that:

    ‘(2)  A Member may not be called to account or arrested for a punishable offence without permission of the Bundestag unless he is apprehended while committing the offence or in the course of the following day.

    (3)  The permission of the Bundestag shall also be required for any other restriction of a Member’s freedom of the person or for the initiation of proceedings against a Member under Article 18.

    (4)  Any criminal proceedings or any proceedings under Article 18 against a Member and any detention or other restriction of the freedom of his person shall be suspended at the demand of the Bundestag’;

    J. whereas the purpose of parliamentary immunity is to protect Parliament and its Members from legal proceedings in relation to activities that are carried out in the performance of parliamentary duties and that cannot be separated from those duties;

    K. whereas in accordance with Rule 5(2) of the Rules of Procedure, parliamentary immunity is not a personal privilege of the Member but a guarantee of the independence of Parliament as a whole and of its Members;

    L. whereas, in this case, Parliament found no evidence of fumus persecutionis, which is to say factual elements indicating that the intention underlying the legal proceedings in question is to undermine the Member’s political activity in his capacity as a Member of the European Parliament;

    M. whereas Parliament cannot assume the role of a court and whereas, in a waiver of immunity procedure, a Member cannot be regarded as a defendant[2];

    1. Decides to waive the immunity of Petr Bystron;

    2. Instructs its President to forward this decision and the report of its committee responsible immediately to the competent authority of the Federal Republic of Germany and to Petr Bystron.

     

     

    ANNEX: ENTITIES OR PERSONS FROM WHOM THE RAPPORTEUR HAS RECEIVED INPUT

    The rapporteur declares under her exclusive responsibility that she did not receive input from any entity or person to be mentioned in this Annex pursuant to Article 8 of Annex I to the Rules of Procedure.

     

     

    INFORMATION ON ADOPTION IN COMMITTEE RESPONSIBLE

    Date adopted

    23.4.2025

     

     

     

    Result of final vote

    +:

    –:

    0:

    20

    2

    2

    Members present for the final vote

    Tobiasz Bocheński, José Cepeda, Ton Diepeveen, Mary Khan, Ilhan Kyuchyuk, Lukas Mandl, Mario Mantovani, Pascale Piera, René Repasi, Krzysztof Śmiszek, Dominik Tarczyński, Adrián Vázquez Lázara, Axel Voss, Marion Walsmann, Dainius Žalimas

    Substitutes present for the final vote

    David Cormand, Angelika Niebler, Arash Saeidi, Jana Toom

    Members under Rule 216(7) present for the final vote

    Andi Cristea, Esther Herranz García, Dariusz Joński, Marit Maij, Jorge Martín Frías

     

     

    MIL OSI Europe News

  • MIL-OSI Global: Perfect storm of tech bros, foreign interference and disinformation is an urgent threat to press freedom

    Source: The Conversation – UK – By Tom Felle, Associate Professor of Journalism, University of Galway

    Media freedom has long been essential to healthy democracy. It is the oxygen that fuels informed debate, exposes corruption and holds power to account. But around the world, that freedom is under sustained attack.

    The actions of populist political elites, tech billionaires and foreign disinformation campaigns are reinforcing one another. This is weakening independent journalism and reshaping the global public sphere.

    This convergence was on full display at US president Donald Trump’s 2025 inauguration. The presence of Elon Musk, Jeff Bezos and Mark Zuckerberg signalled that the tech elite are no longer simply disruptors. They are increasingly aligned with populist politics, a project openly hostile to independent journalism and democratic accountability.

    Nowhere is this clearer than on X (formerly Twitter). Musk’s takeover has transformed the platform into a breeding ground for conspiracy theories and misinformation, while systematically undermining the credibility of established media outlets. Meta’s decision to abandon factchecking political content in the US also marks a dangerous retreat from even the minimal efforts once made to curb disinformation.

    At its core, journalism’s role is simple but essential: to inform the public and hold power to account. Independent media – outlets free from government, political, or corporate control – are essential to democracy. They play a critical role in exposing corruption, amplifying marginalised voices, scrutinising government decisions and challenging abuses of power.

    When media organisations are weakened, this essential accountability collapses – allowing governments, politicians and corporations to operate unchecked. Minorities and vulnerable groups suffer most when no one is left to shine a light on abuse or discrimination. Human rights violations go unreported. Misinformation and rumour fill the void.

    That is precisely what is happening, not just in fragile states but in established democracies. Populist leaders have attacked journalists as enemies of the people and smeared media outlets that challenge them.

    Donald Trump infamously branded critical coverage as “fake news”. Brazil’s Jair Bolsonaro vilified journalists who investigated corruption and environmental crimes. Hungary’s Viktor Orbán has systematically dismantled media independence. Slovakia’s Robert Fico called journalists “bloodthirsty bastards” and “possessed by the devil”.

    These leaders know that controlling the narrative is key to holding power. Discrediting the media is the first step.

    One of the clearest recent examples is the Trump administration’s shuttering of Voice of America (VOA). This move to silence a broadcaster that had promoted press freedom for over 80 years has been celebrated by authoritarian regimes. China’s state media mocked VOA as “discarded like a dirty rag”.

    Foreign threats

    What makes this moment uniquely dangerous is that these political attacks are now supercharged by technology platforms retreating from accountability, and exploited by hostile foreign powers.

    The latest European External Action Service (EEAS) Foreign Information Manipulation and Interference Threat Report paints a stark picture of how disinformation is used as a strategic weapon to weaken democracies from within.

    In 2024, the EEAS – the diplomatic service of the European Union – detected
    record levels of foreign manipulation, particularly from Russia and China. The EEAS recorded more than 500 coordinated manipulation campaigns targeting 90 countries.

    These included AI-generated deepfake videos impersonating European politicians, such as a fabricated video of Moldova’s president endorsing a pro-Russian party.

    Bot networks were deployed to amplify false narratives about migration and inflation, distorting online discourse and inflaming social divisions. Impersonation tactics cloning legitimate news websites like Le Monde and German media were used to disseminate pro-Kremlin disinformation. All these efforts were aimed at undermining trust in democratic institutions, inflaming social divisions and creating confusion.


    Want more politics coverage from academic experts? Every week, we bring you informed analysis of developments in government and fact check the claims being made.

    Sign up for our weekly politics newsletter, delivered every Friday.


    Disinformation has become a standard geopolitical weapon, often used as a precursor to military or economic action. In the lead-up to its full-scale invasion of Ukraine in February 2022, Russia conducted a sustained disinformation campaign. Fabricated videos and false flag operations portrayed Ukraine as the aggressor to justify military action.

    Similarly, during the 2020-21 border clashes with India, China spread disinformation downplaying its military build-up while casting India as the instigator.

    Russia has also used disinformation to pursue economic goals, notably by spreading falsehoods about European renewable energy and gas supply stability, to influence energy policy and sow public doubt about the EU’s energy independence strategy.

    While this happens, platforms like Meta and X are retreating from content moderation and fact-checking. The result is a perfect storm where domestic populism, platform failure and foreign manipulation reinforce one another. Platforms like X have become the key battleground, accounting for 88% of detected disinformation activity.

    What’s at stake – and what must change

    As these threats grow, the traditional media model is collapsing. Advertising revenue – once the lifeblood of newspapers, radio, and television – has shifted almost entirely to digital platforms. Local newsrooms are closing, while investigative journalism is increasingly rare, expensive and risky.

    In the UK, more than 320 local papers have closed since 2009. Titles like the Evening Standard ended daily print in 2024 due to plummeting ad revenues. Across Europe, rising news deserts and newsroom cuts are weakening media’s democratic role.

    In the US, things are even worse – 3,200 newspapers have closed since 2005. More than half of all counties now have little or no local news coverage.

    As social media platforms abandon even basic content moderation, they create vast, ungoverned digital spaces where bad actors dominate the conversation.

    Into this gap flood social media influencers, partisan outlets and state-backed propaganda. The result is a fractured, polarised information ecosystem. Facts struggle to compete with viral misinformation and coordinated disinformation campaigns.

    News consumers must navigate a sea of misinformation and propaganda.
    Olezzo/Shutterstock

    In the end, it is citizens who pay the price, bombarded by propaganda and adrift in a sea of misinformation. This is not just a media problem, it is a fundamental threat to democracy itself. Without independent journalism, there is no one left to ask difficult questions, expose wrongdoing or defend the public interest.

    Protecting media freedom must now be treated as a democratic priority, as essential as free and fair elections or an independent judiciary. Governments need to regulate tech platforms effectively, enforcing transparency over algorithms and bringing in meaningful protections against disinformation.

    Public investment in journalism is critical to ensure the press can survive and hold power to account. Democracies must coordinate efforts to counter foreign information manipulation, and protect journalists facing harassment and threats from authoritarian regimes.

    The future of democratic accountability now depends on whether governments, regulators and the media can reclaim this space before it is lost entirely. Above all, this means recognising that journalism is not a luxury or a relic. It is a vital public good.

    Tom Felle 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. Perfect storm of tech bros, foreign interference and disinformation is an urgent threat to press freedom – https://theconversation.com/perfect-storm-of-tech-bros-foreign-interference-and-disinformation-is-an-urgent-threat-to-press-freedom-252986

    MIL OSI – Global Reports

  • MIL-OSI Europe: The Atlantic Council hosted French Minister for Europe and Foreign Affairs Jean-Noël Barrot on Europe and the new world order.

    Source: France-Diplomatie – Ministry of Foreign Affairs and International Development

    Frederick Kempe: Good afternoon to those joining us in our headquarters, our relatively new global headquarters here in Washington today. Good evening to those watching online from Europe and the globe, to everyone joining us from throughout the world. My name is Frederick Kempe. I’m President and CEO of the Atlantic Council, and I’m delighted to welcome you to Atlantic Council Front Days. This is our premier platform for global leaders. And it’s an honor to host today the Minister for Europe and Foreign Affairs of the French Republic, Jean-Noël Barrot. Today’s discussion turns our attention to one of the most enduring and consequential bilateral relationships in U.S. history.

    In the nearly two and a half centuries since France became the first country to formalize diplomatic relations with the newly born United States. Next year, Mr. Minister, is the anniversary of the revolution here. France became the first country to formalize diplomatic relations with the newly born United States. Since that time, this pillar of the transatlantic relationship has seen moments of triumph and moments of trial. From Lafayette and Washington to the beaches of Normandy, the United States, and France have forged partnership unlike any other based on common values in history. However, this relationship goes beyond just sentiment. At each major inflection point in recent history, our countries have stood together, not just because of friendship, but because of shared interests. And now, facing a war on European soil, basing an unfolding trade war, potentially rapidly evolving technological disruptions, and more, the United States and France must consider how to recalibrate and perhaps how to reinvent its partnership and the broader Atlantic alliance with it in order to achieve our common goals of security, prosperity, and freedom.

    As we think through how best to address these challenges, we are delighted to welcome Minister Barrot for today’s event and on the occasion of his first visit to the United States in his current role. The Minister has held numerous positions in the French government, including most recently Minister Delegate for Europe and then Minister Delegate for Digital Affairs, making him well-placed to share the French perspective on the political dynamics at the EU level as well as critical issues of digital and tech policy, and it may help in these times also to be a policy. Minister, welcome to the Atlantic Council. Before we begin let me just say to our audience that we will be taking questions. First, the Minister will make some opening comments Then I will join him on the stage and ask a few questions and then turn to the audience for questions. For those in person, we’ll have a microphone to pass around. For those online, please go to askac.org, askac.org to send your question in virtually. Minister Barrot, it’s always a pleasure to have someone speak at the end of meetings in Washington instead of the beginning of the meetings in Washington. So we look very much forward to your attention.

    Jean-Noël Barrot : Thank you very much, Mr. President. Hello, everyone. One week from now, on May 8th, we mark an important anniversary, the 80th anniversary of the end of World War II in Europe. This was the starting point of an extraordinary endeavor, a formidable building, a building of rule-based international order, a building of multilateralism. Who was the architect of this formidable building? Well, the architect of this building were the United States of America. They did not do this out of charity. They did this as out of enlightened self-interest. They collected substantial dividends from multilateralism throughout the eight decades that have just passed by. The dividends of multilateralism. Think about security. Thanks to the nonproliferation treaty, we collectively have avoided a raise to the nuclear bomb that would have caused so much instability and raised the cost of defense for all our countries.

    NATO has allowed the US, alongside its European partners, to ensure security in the North Atlantic, but also to offer major investment opportunities for its defense industry. Think about trade. WTO has allowed the US economy to grow, has allowed US services to thrive, digital services, financial services around the world. Think about currency. The Bretton Woods framework has made the dollar a global reserve currency. What does it mean to be a global reserve currency? It means that everyone wants to hold it. So that the yields on your treasury bonds are the lowest on earth. And even more than that, when there is a crisis, even when there is a crisis in the US, people rush to buy your treasury bonds, and the cost of borrowing goes down. This exorbitant privilege, as a French president coined it, is part of the dividends of multilateralism that the US brought to the world and that they also benefited from.

    This formidable building, the building of multilateralism, was designed 80 years ago for a unipolar world, where a benevolent hegemon, the United States of America, was the guarantor of rule-based international order. A world in which US leadership was unchallenged, untested. But eight years later, indeed, the world has changed. It has become multipolar, US leadership is challenged, And sometimes multilateralism seems powerless or unfit for power. And therefore, and gradually, a temptation arises for the US to perhaps let go of multilateralism, quit multilateralism, to pull back, to restrain it. This is our choice that belongs to the American people. But this would be a major shift, a major shift for the US, who would not be able to collect the dividends of multilateralism any longer, a major shift for the world, because the multilateralism will survive whether or not the US quits multilateralism. And so someone will fill the void starting with China, which was already getting ready to step up and to become the new hegemon of this new era of multilateralism, in the case where the US would decide to let them play this role.

    Now there is another route, there is an alternative route. Rather than quitting multilateralism, reshaping it, adjusting it, making it fit for the 21st century. The first step, and this is a difficult step, is accepting to share the power. in order not to lose it altogether. This means reforming the UN and its Security Council, reforming the financial infrastructure to make space for big emerging countries and share the burden with them, but also hold them responsible because they have part of the burden to share in handling the global issues and challenges. The second step when building multilateral for a multipolar world is to be ready to build coalitions of the willing to overcome obstruction in multilateral forum like the UN Security Council when they arise. It’s not because something won’t happen at the UN, at the IMF, or the World Bank, that you cannot design a coalition of the willing with willing and able countries in order to overcome this obstruction. This is the new era of multilateralism. This is the route that Europe is willing to take and that Europe is hoping to take alongside the United States of America.

    One week from now, we’ll celebrate another anniversary, not on May 8th, but on May 9th, the 75th anniversary of the birth of Europe. On May 9th of 1950, my distant predecessor, Robert Schuman, woke up in a country, France, that was five years past World War II, where tensions were rising with the neighbor and rival, Germany. Germany was recovering from the war faster than France was. And so what was the tendency in Paris on that day, in that year? Well, the tendency was protectionism, was raising tariffs, raising barriers to prevent Germans from thriving and fully recovered. And so Robert Schuman, as he was heading to the Council of Ministers, he had this crazy idea in mind to put in common steel and coal across France and Germany, swimming against the tide to favor cooperation over confrontation. At the Council of Ministers, he barely mentioned his initiative for his prime minister not to prevent him from announcing it. And at 6 p.m., in a one-minute and 30-second speech, he made this unilateral offer to create the European steel and coal community and make the foundation of a multilateral, cooperative European Union. So you see, when times are hard, and when the tendency is to restrain, pull back, raise barriers, Those visionary men that brought us prosperity and that brought us peace in the European continent, they swung against the tide and offered innovative models for cooperation. So let us find inspiration in the great work of these visionary people. Thank you very much.

    Frederick Kempe : I feel that was a very important statement and I’m gonna start with that. You see by the audience and standing room only that there was a lot of interest in this conversation and what you had to say : 75th anniversary of the birth of Europe, the 80th anniversary of the E.A., all next weekend, we’re calling attention to that. And it seemed really to be a call to your American allies and to the current administration to stay the course on multilateralism and transatlantic engagement, et cetera. So, A, do you intend to do that? And it’s no accident that no one in this audience who’s following the news, everyone knows that there are doubts right now in the transatlantic stream. Not all of them do I share, but I just wonder if you could give us a little bit more of the context of your statement.

    Jean-Noël Barrot : Well, we deeply care about the world-based international model of multilateralism. So I spent two days in New York at the Security Council as we were wrapping up our presence. You know, 15 members of the Security Council, they get one month’s presidency every 15 months. And so we try and make the most of your months-long presence. And to give you a sense of what our commitment is, I am, we are very committed to the three fundamental missions of the United Nations, peace and security, human rights, sustainable development. That’s why we had three bottom security meetings, Ukraine, Middle East, but also non-proliferation, in a closed-door Security Council meeting that was on proliferation. that was first convened in 15 years, or last convened in 15 years, 15 years ago. On human rights, we brought together, mentioning coalitions of the wing, international humanitarian law is under attack, let’s say. And we brought together countries from all around the world, east, south, west, and north, in a coalition of the willing to support politically and better implement in practice the rules of international humanitarian law. And then third, on sustainable development, we took this opportunity to bring together the countries that are the most committed, like we are, to the preservation of oceans, 40 days ahead of the third United Nations Conference on Oceans that will take place in Nice, south of France, and that is aimed to be the equivalent for ocean as what the Paris Accord has been for carbon emissions. So we’re very ambitious with this event as many countries as possible to rally some of the key deliverables of these countries. And so I decided I would spend some time at the UN talking about that.

    So we think this is the right way to go, adjusting multilateralism to make it more efficient in the multi-border world that we’re living in. And I hear that the new leadership in the US is considering what its course of action is going to be. And I think amongst friends that are actually oldest friends, we owe each other an honest discussion on what we see our common interest to be. And I think that was the sense of my introductory remarks. Thank you so much.

    Frederick Kempe : And I think you’ve seen a signal of commitment today, I think, toward the United Nations with the nomination of National Security Advisor Mike Walz to be the UN ambassador, so also an interesting piece of news. Speaking of news, you have had meetings here. We do have media, French, US, other here, and I wonder whether you could tell us your perspective on what do you take away from the conversations, Secretary Rubio, others, anything specific that we can take away from that? And then in that context, as you’re looking at what your greatest challenges are, what were the priorities in your conversations with U.S. leadership?

    Jean-Noël Barrot : Well, I mentioned the 9th of May and 75th anniversary of this declaration by Robert Truman. This year will be Ukraine, because I think a very important, significant chunk of our future, and I’m not talking about the future of Europeans only, depends on how this war of aggression is going to end. So we’ll be with my fellow European ministers of foreign affairs there to express our support to Ukraine and our willingness for this war to end in accordance with the UN Charter international rule. So that was clearly an important topic that I discussed with the US leadership at the State Department as well as Capitol Hill. But we also discussed Middle East, where France and the US have been leading the efforts to put an end to the war that was basically destroying Lebanon eight months ago. We managed to broker a ceasefire five months ago to monitor the ceasefire through a joint mechanism. We managed to bring the conditions for the end of the political crisis with the election of President Joseph Aoun. that then appointed the government, that is now at work trying to implement reforms that are long due in Lebanon. And we want to do the same thing, same food for cooperation in Syria, where this, after overturning the dictatorship of Bashar al-Assad, there is an opportunity to build a strong sovereign country that will be a source of stability rather than instability for the region. I cannot let aside Gaza and the Israel-Palestinian conflict, where again, we converge on the necessity to bring back stability and peace to the region. We have praised the Arab accord logic, and we’re working in the same direction, bringing peace to the region. Muslim and Arabic countries in the region and Israel towards security architecture that would ensure the security of all peace and stability. We also discussed Africa, where the U.S. made a breakthrough in handling or in sort of moving towards a cessation of hostilities in the Great Lakes regions in the east of the Democratic Republic of Congo, where the second worst humanitarian crisis is happening right now. This is good. And after they were received or they were hosted by the Department of State, a few days ago, the DRC and Rwanda gathered in Qatar with France and with the United States. So as you can see, some of the major, major issues, major crises. France and the U.S. are working together in order to find the right solution. Sometimes it isn’t we. Sometimes we don’t start from the same point, but look at Lebanon. It’s because of our complementarity, because of different history in the region, because of the different nature of our partnership, relationship, friendship with the stakeholders of that crisis that we were able.

    Frederick Kempe : Thank you for that answer. Let’s start with Ukraine. News yesterday about critical minerals deal with Ukraine almost more interested in the political side of this than the economic side of this. Talking to Ukrainian officials over the last few months, they’ve been concerned that the U.S. gone more from being an actual partner of Ukraine in trying to counter Russian threat and the Russian attack, and more of an arbitrator, more of a moderator. This critical mineral deal, if you read the language of it, suggests a little bit of a change of direction. And I just wonder, and that is an area where France and the U.S. have not always been entirely singing from the same song sheet. What did you hear during your trip there? How do you assess this new agreement and its political meaning?

    Jean-Noël Barrot : Well, I think it’s a very good agreement. I think it’s a very good agreement for Ukraine and also for the U.S. But I also think that it tells us something very important about what’s happening right now. Let’s go back to the Oval Office when President Zelensky was there. What was the expectation by President Trump with respect to Ukraine? Well, actually, there were two expectations. Ceasefire and sign of a new deal. Since then, on March 9, in Jeddah, Saudi Arabia, Ukraine accepted a comprehensive ceasefire. And yesterday night, they agreed to a mineral deal with the United States of America. They’ve done their part of the job. They’ve walked their part of the talk. But in the meantime, we haven’t seen Vladimir Putin send any signal, any sign of his willingness to comply with the requests of President Trump, to the very contrary. So let’s face it, right now, the main obstacle to peace is Vladimir Putin. So what I found very interesting in my meetings here in Washington is the efforts, the commendable efforts by Senator Lindsey Graham, who put together a massive package of sanctions that he collected bipartisan support for, with almost 70 senators now signing the bill which is aimed at threatening Russia into accepting a ceasefire, or else those sanctions will apply. And here again, we agree that we will try to coordinate because we, Europeans, are in the process of putting together the 17th sanction package that we are going to try, on substance and timing, to coordinate with Senator Graham’s own package. That was, perhaps, a bit of a long answer. But in summary, it’s good news that this deal was struck. It’s good news that the US, and I heard Secretary Besant express what he had in mind, the US was considering deep economic cooperation with Ukraine. It goes in the right direction. It’s the right course that they should, that should be taken.

    Frederick Kempe : And Secretary Bessent also said this is meant to be a signal to Putin. You see this as well.

    Jean-Noël Barrot : Yeah, put together this deal. The package by Lindsey Graham, who last time I checked is not a political adversary of President Trump, as well as the pressure that Europe is building up on Russia. And you get, the sense of the variant, it’s now basically Putin’s fault if we don’t yet have a ceasefire in the world.

    Frederick Kempe : So in recent discussions with US envoy Steve Witkoff, what divergences existed between France and the United States? And how do you hope to close those divergences? I guess part of this has to do with European troops, American backstop, but it also gets to the conditions behind a peace deal.

    Jean-Noël Barrot : If Ukraine was to capitulate, this would have long-lasting, wide-ranging consequences for the entire world. because it would basically replace rule-based international order by the law of the strongest. It would create massive incentives for countries around the world that that have border issues with their neighbors to consider that they can invade, that they can use military threats or force to obtain territorial concessions. This would be major, and this would be very costly for all of us, at least for responsible powers like the US and France that tend to get involved when there are issues around the world. When we would see issues exploding all around, it would be a major threat. In addition to that, should Ukraine capitulate after Ukraine has agreed to let go of its nuclear weapons in exchange for security guarantees. This will send the signal that the only ultimate security guarantee is the possession of nuclear weapons. And there we have a nuclear proliferation crisis, which again raises global instability at levels that we haven’t seen for the past 80 years, and will increase the cost massively of security in the US, security in Europe. And I think this view is shared between the U.S. and France. But of course, there is one difference between the perspective of the U.S. and the European perspective of this crisis, which is that our own security is at stake because we are neighbors of Russia or because we don’t want to be neighbors of this Russia that is now spending 40% of its budget on its military spending, 10% of its GDP, that just conscribed 160,000 additional soldiers, the largest conscription in 14 years. I’ve heard many, many times Russia say that they don’t want NATO at their borders. Well, we don’t want this Russia at our borders either. And that’s why we are so serious about what’s happening and about how the war will end. And that’s why we’ve been insisting so much about the security guarantees. And I think our message went through. And I think the US are counting on us to build the security arrangements such that when the peace deal is struck, that we can provide those security arrangements in order for the peace to be lasting and durable. But I think it’s well understood, and I’ve heard President Trump, but also officials from the US, clearly saying that of course they want this peace to be lasting, and of course this means that there is security guarantee.

    Frederick Kempe : And can it work without an American backstop where you’re getting closer to a conversation about that? Or, alternatively, is this critical minerals deal a security guarantee in a different form?

    Jean-Noël Barrot : So you should put things in two perspectives. We have been supporters of the Euro-Atlantic integration of Ukraine. Namely, we said that we were open to extend an invitation, a NATO invitation to Ukraine. We understand that NATO members, not all NATO members, agree with our view, so we have to find an alternative path. The sense of this coalition of the able of the willing that France and the UK has been putting together in order to design those security arrangements. This is ongoing work. This starts with making the Ukrainian army strong enough to be able to deter any further aggression by Russia, but it also very likely means some form of military capacity as a second layer of sanction or guarantee. When those detailed discussions will have been wrapped up, they’re currently ongoing, it will appear whether or not and how much any contribution or backstop by the US is needed. It’s possible that it is needed. Why? Well, because as far as Europeans are concerned, we’ve been working. We’ve been working and planning for our defense. It’s a little bit different for France, the UK, and Poland. But for the rest of European armies, we’ve been working within NATO. So if you’re going to work on a security arrangement outside of NATO framework, then at some point, you might need some kind of NATO-like enablers or make items that are going to make sure that the security arrangements are robust. But that being said, in the same way, do we understand that the US have decided that they will likely reduce their commitment to. We also understand that they are counting on us to bear the burden of providing the security arrangements. But we also need to be honest with them once we’ve done our homework. If there are pieces of these security arrangements that cannot be found outside of US contribution, we’ll just be honest.

    Frederick Kempe : Thank you so much. The one thing you didn’t mention in your opening comments is you didn’t talk about tariffs. You knew I was going to say that. And I wondered if it came up at all in your discussions. And also, I wonder if you could talk a little bit about what this 90-day pause gives a potential for an agreement. What sort of agreement can you imagine, or what is the direction of agreement with the European Union and the United States? How concerned are you about the tariffs driving a more lasting wedge across the Atlantic?

    Jean-Noël Barrot : Well, the good thing when you’re a foreign minister or an FF minister from France is that you’re not in France working tariffs. That being said, you’re allowed to have your own view on things. And indeed, as an economist, I have to say, otherwise I would be a traitor to my profession, that tariffs are not a good idea. President Trump wants to bring jobs back to America, and this is a perfectly legitimate ambition. In fact, we have the same in Europe. We want to bring jobs back to Europe. But tariffs are probably not the best way to achieve this objective. Tariffs are a tax on our economy. It’s a tax on the middle class. And it will make us Europeans, as well as Americans, poor. We do have research on what happened during the last trade war, the 2018 trade war. What happened? Well, the effect on the economy on this side of the Atlantic was limited. It’s basically a $7 billion loss, $7 billion loss on the economy. That’s not big. But it led to a massive transfer from the US consumer, middle class, of $50 billion. So the loss for the US consumer of $50 billion transferred to producers, $9 billion, to the government, $35 billion. And the rest is what’s lost for the US economy. So it’s a mild loss. But it’s a massive transfer from the US consumers to the US government. That’s what happened last time around. And those numbers are small because the trade war at the time was very big. Multiply this by 10. And you’ll get the kind of effects that you’re going to see on European economies, U.S. economies, and so on. So our hope is to reach the same type of outcome that we got the last time around. The U.S. retaliated, we retaliated, and then at some point we suspended those who lifted those tariffs. It was not the same administration that did it, but still, those tariffs were lifted. And I really hope that we get to this objective because, again, we’re very closely intertwined economies, so we have a lot to lose, but we have major rivals, adversaries, competitors that are going to benefit massively from this framework if we sort of choose confrontation over cooperation.

    Frederick Kempe : So let me ask one more follow-up there, and then I’ll go to the audience. On the tariffs, didn’t you raise this issue when you were here, when you are the foreign minister, but it is a political as well as an economic issue. And did you get any indications of what direction ?

    Jean-Noël Barrot : Well, the good thing about being Marco Rubio is that you’re not in charge of terrorists either. But when we met in NATO, I told him that if there was only one positive aspect of those tariffs, is that by lowering GDPs, it would allow us to reach our NATO targets.

    First question from an author and journalist : We see re-entering a phase, a new intensive phase of big power rivalry with the United States retreating from security commitments in Europe, Russian military militarizing its society and having designs on other neighbors besides Ukraine and China seeking economic domination of the world. President Macron has spoken often about the need for Europe to achieve greater strategic autonomy. Do you think Europe should seek to constitute a fourth bloc, even at the risk of putting greater space with its principal ally, the United States? And a quick follow-up, you spoke about the need to share power in a multilateral context. In terms of UN Security Council reform, is France prepared to fold its seat into the European Union presence, or would you also agree to the idea of expanding the Security Council to have 10 to 12 nations? Thank you.

    Jean-Noël Barrot : So you mentioned Russia. You mentioned the four months. That was your first question. I wouldn’t go Russia a block. Russia has a GDP that is 20 times smaller than the EU. I wouldn’t call that a block. Russia is a big country geographically. It is one of the winning nations of the Second World War. So, there are a number of consequences coming with that, including the permanent seat of the Security Council. But I wouldn’t call Russia a block. And we don’t see ourselves, when we speak about strategic autonomy, we don’t see ourselves as entering into a logic of blocks or spheres of influence and stuff like that. We remain committed to multilateralism, rule-based international world order, balance. The only thing is that in a more brutal world, if you want to be heard and be respected, when you’re upholding the values that Europe and the EU upholding, freedom, democracy, free speech and so on, you’re going to need to be much stronger, much less dependent on other regions. And so we see our strategic autonomy as a way to defend the model, which is an open model, which is a balanced model, which is a multilateral model of governance for the world. And we see a lot of appetite for this approach, because since those trade wars started, we cannot count the number of countries that are knocking at EU’s door to strike a trade deal or even to become a candidate. And it’s not only Iceland and Norway that seem to be interested. I heard that on this side of the Atlantic, there are people considering. And you know that there is one geographical criteria. But I just want to mention that even though it’s a very, very, very, very tiny island in the middle of the Atlantic Ocean, no one lives there. I think it’s like 20 meters long. But this island is split between Canada and Denmark, which gives Canada an actual border with the European Union. And the second question is about… I went quickly because I was told that we should not be long in the introduction of those conversations, but I really think that if we want to adjust those institutions, Security Council and so on, To the new era, we need to accept that others have grown over the past 18 years and they need to be represented, but they also need to take their responsibility. Some of them are no longer developing countries. They are actual major economies, major powers. So they should have a seat at the table, but they should also behave as major powers. So what’s our position? Our position is a permanent seat of the Security Council for India, Germany, Japan, Brazil, and two African countries with all associated priorities. This is what we want for the reform of the Security Council. But we also want the same kind of thing to happen with international financial institutions. And this is the spirit of what President Macron has called the Paris Act, or the Act for the People and the Planet, where the ideal is reform. No country in the south should have to choose between fighting against poverty and fighting against climate change. So it should be more balanced, more equal, equitable funding for southern countries. But those emerging countries from the South that are now developed economies should also bear their responsibilities with respect to the least developed countries, the poorest countries. Because right now, some of them are sort of bunching with the least advanced countries sort of take their responsibility with respect to the poor countries. So that’s the spirit in which we’re pushing. And in fact, I had a meeting dedicated to security council reform on Monday in New York with some of the African countries that were working on it.

    Frederick Kempe : Thank you for that good answer. While we’re open, we’ve got a lot of questions now. I saw this gentleman first. and then we’ll go, I’ll figure it out, we’ll figure it out. Anyone here that wants to, there we go, that’s what I’m gonna do next. There we go, please.

    Second question : In context with President Macron’s call to Prime Minister Modi of India in solidarity after the terror attack in Palgakush, India, do you see a justifiable response by India against this attack as another roadblock to ensuring the India-Middle East Corridor gets off the ground. Of course, it was set back after the Israel-Hamas war. And did that conversation come up in your discussion with Secretary Rubio today? And if not, then what do we need to do collectively as the international community to make sure this gets off the ground?

    Jean-Noël Barrot : Thank you, so President Macron has been in touch with Prime Minister Modi, I have been in touch two times with my fellow foreign minister from India. We expressed solidarity. We hope tensions not to escalate and I heard Secretary Rubio call Pakistan to formally recognize the terrorist nature of this attack and to condemn it in the strongest possible way. And I would happily join this call to Pakistan to recognize the terrorist nature of what happened. And we’ll keep in touch with Marco Rubio, but also with my fellow minister David Lamb from Great Britain, UK, and my Indian colleague, in order to ensure or to try and avoid procrastination in the region.

    Third question : Good afternoon, journalist from the French newspaper Le Monde. I have two questions, the first one regarding security guarantees for Ukraine. For months, France supported the idea of the deployment of some international monitoring force in Ukraine, but with a very strong American security guarantees. The Trump administration doesn’t seem to see eye to eye on this. They’re not inclined to offer any sort of serious security guarantees, so what’s the plan B? Have you given up on this two-fold idea or not? And the second question regarding Iran, there are currently very important discussions between the Trump administration directly and indirect with the Iranian representatives. For a very long time, France was in favor of putting on the table as well with Iran the ballistic issue. It doesn’t seem the case at all right now. The Trump administration is basically considering a sort of GCPOA revisited or maybe an interim agreement. So what’s your view exactly on the current discussions? Thank you.

    Jean-Noël Barrot : So on the first question, let me just clarify, because I think it’s important that everyone gets this right. There are two things. First, there is a ceasefire, and a ceasefire needs to be monitored. And the coalition of the able and willing put together by France and the UK have been working on proposals so that at the minute the ceasefire is broken, that the US have in their hands, because there will be that sort of origins of the ceasefire, solutions for this ceasefire to be monitored. And this might involve some European capacity just to check what’s happening in the line of contact and to be able to attribute violations. So that’s one thing. But the ceasefire is only one step towards what’s our end goal, which is a full-fledged peace treaty or peace agreement. This peace agreement that the Ukrainians and Russians will be discussing, but that was President Trump’s intuition, this discussion cannot happen while the war is happening in Ukraine. That’s why he did a ceasefire for the discussion. It will end up with discussions on territories and a discussion on security. And with the same question of the coalition of willing, we’re working on this second piece, which is security guarantee. But security guarantee has nothing to do with monitoring the ceasefire. Security guarantee is deterrence against any further aggression. How do you do that? As I was saying earlier, the first layer is to porcupine the Ukrainian army for it to be deterrent enough for anyone to try and invade. But then you probably have other layers, so military capacity deployed in Ukraine or around Ukraine, and that’s what we’re working on, and when the moment is right, we get to the Americans and ask them or tell them what is it we need for this security guarantee. And we’re working on this, and we’re confident, and again, as I was saying, I’ve heard President Trump in several occasions speak in a way that shows that he understands the importance of the security terms. And then on Iran, a very important topic that I should have mentioned in response to your first question, Mr. President, because this is a topic in which we’ve been coordinating with Marco Rubio from day one. We are supporting, encouraging the discussion that the U.S. opened with Iran. Why? Because Iran is posing a major threat to our security interests. Because we France, Marseille are within reach. And because our partners, close partners, in the region are also within reach. So we are very serious about this question. But we believe that there is no other route, no other path, and a diplomatic path to solve this issue. That there is no military solution to this issue and that any form of military attempt to solve this issue will have very large costs that we would not like to bear. So, in order for this discussion to be as successful as possible, we’ve been coordinating with the US on a substance and timing. substance because our teams have been working for the last few months ahead from the expiration of the GCP area, the nuclear agreement that was struck 10 years ago and that is expiring in the fall. So we were getting ready for this expiration a clear idea of indeed what might be a robust and protected field for us, and this would include indeed some of the ballistic components, but also the regional activities components. And the substance is sort of at the disposal of U.S. negotiators because it’s for free and there is no copyright. But we’re also coordinated on timing because we will not hesitate to reapply all the sanctions that we lifted in 10 years ago when GCPOA was struck. In the case where the IAEA confirms that Iran has violated its obligations under GCPOA, and if it happens that by the summer we will have a protected frontier that is sufficiently protected of our security interests.

    Frederick Kempe : So this has got to be the last question. I really apologize to others, but I saw that gentleman’s hand approach right through the middle. So, no, no. Yes, thank you. Yes. Thank you.

    Last question from a student from Sciences Po : I’d like to know what’s your opinion what’s your take on how france will balance its relationship with the U.S. and at the same time with China in light of the fact that France needs new partners and also in light of the fact that President Trump openly asked European leaders to direct ties with the PRC. Thank you.

    Frederick Kempe : And since this is the last question, let me add to it on the terror front because You know, in your conversations here, and you’ve spoken before about the relationship between the European Union and China on the trade front, does this terror policy drive Europe more into the hands of trade and economic relationships with China? And if you believe that, have you said that to your interlocutors here watching during your visit?

    Jean-Noël Barrot : I mean, it’s obvious, no? Whether you want it or not, look at one and read economic research. The numbers I quoted earlier are from a paper in the Portal Reform of Economics called the Returns to Protection. It’s the last paper on the 2018 trade war, last economic paper, research paper. But anyway, I will tell you that what happened last time is that during the 2018 trade war, it’s not like suddenly factories moved from one country to another. It was a reshuffling of international trade. So you’re going to see a lot of reshuffling. You mentioned, or you recall what I said, on China and filling the void. Listen to Chinese officials’ speeches now. And again, we take all of this with lots of grains of salt, but my colleague, Wang Li, now in all his speeches, he’s saying how much he cares about multilateralism. And I’m sure… No, seriously. And he will, I mean, I’m pretty sure that they will consider filling the void at the World Health Organization. I’m pretty sure that they will, anytime they will see some pullback, they will try to step in. Because they have two, there are two possible strategies. Either the U.S. are there, filling the void, then they will try to build sort of formats outside of the established formats that we’ve seen them do or they will see U.S. pull back and they will try fill the void. Now, what’s our relationship with China? As far as Europe is concerned. Again, we’re lucid. We’re not blind. And so we think there can be a trade agenda with China. So that’s some of the issues that we’ve are sold, which is not quite the case now. We’ve also had our trade war with China these past few years, with us sanctioning Chinese EVs and then sanctioning European cognac and armagnac. So this is dear to our hearts. And of course, it’s going to be difficult to engage into a natural trade agenda until those sort of contentious issues are solved. Then we can. But of course, our discussion cannot only touch upon trade. And when China is supporting Russia’s war on Russia, when China is on the side of DPRK, on the side of Iran, proliferating countries that are threatening this non-proliferation treaty and sort of the global stability, it’s difficult to build trust. If China was to establish a sort of trusted relationship with European countries, it will have to show also that it takes our security interests into account. Otherwise, it might be challenging.

    Frederick Kempe : Thank you. Do you have your answer? Yes, Fred, thank you. So, look, this, Minister Barrot, on behalf of the audience, on behalf of the Atlantic Council, thank you for three things. First of all, for your visit to the United States, a very timely visit, a very crucial moment. Second of all, for taking so much time with us at the Atlantic Council and talking so frankly and clearly in your opening statement and in this fascinating engagement, and then most of all for our enduring alliance. Thank you so much.

    MIL OSI Europe News

  • MIL-OSI Global: Trump and many GOP lawmakers want to end all funding for NPR and PBS − unraveling a US public media system that took a century to build

    Source: The Conversation – USA – By Josh Shepperd, Associate Professor of Media Studies, University of Colorado Boulder

    Cast members of the children’s television show ‘Sesame Street’ pose with Big Bird, Cookie Monster, Grover, Ernie, Bert and Oscar the Grouch in 1969. Hulton Archive/Getty Images

    The Trump administration’s drive to slash government spending on everything from the arts to cancer research also includes efforts to carry through on the Republican Party’s long-standing goal of ending federal funding for NPR, the nation’s public radio network, and PBS, its television counterpart.

    Across the country, 1,500 independent stations affiliated with NPR and PBS air shows such as “Morning Edition,” “Marketplace,” “PBS NewsHour,” “Frontline” and “Nova.” Some 43 million people tune into public radio every week, and over 130 million watch PBS every year, according to the networks.

    Public media stations air local news and, when necessary, emergency information. Most also feature regional, national and global coverage of arts and culture. With commercial media divesting from local news reporting, audiences that have long relied on public media to inform their communities are even more dependent now on that service, as are audiences that got their local news from commercial sources.

    Investigating public media

    Public media is also under attack from the Republican majority in Congress and facing scrutiny from the Federal Communications Commission, the government agency that regulates media.

    Brendan Carr, whom President Donald Trump appointed to lead the FCC, helped draft Project 2025. That’s the conservative blueprint that Trump distanced himself from during the 2024 campaign but has since embraced.

    As proposed in Project 2025, the FCC is examining NPR’s approach to underwriting. Through underwriting, financial support from sponsors is acknowledged on air without asking audiences to form an opinion about a product or make a specific purchase.

    The FCC is investigating whether those messages on NPR and PBS “cross the line into prohibited commercial advertisements.”

    The top executives of NPR and PBS have denied that their underwriting practices violate any regulations or laws.

    At the same time, House Republicans are holding hearings regarding what they say is public media’s “liberal bias.” Their attention is primarily directed at the Corporation for Public Broadcasting, the nonprofit corporation that stewards federal money that Congress appropriates for NPR and PBS.

    And in a separate move, Trump demanded that CPB “cancel existing direct funding to the maximum extent allowed by law” and “decline to provide future funding” in an executive order issued on May 1, 2025. Trump’s order accused NPR and PBS of bias in its “portrayal of current events to taxpaying citizens.”

    I’m a media historian who wrote a book about the origins of public media in the U.S. and how NPR and PBS contribute to democratic participation. Both networks are designed to provide equal access to information for every listener and viewer.

    In my view, as these efforts to investigate and end the funding of public media proceed, it’s worth revisiting why the Corporation for Public Broadcasting was founded in the first place and to understand how it contributes to equal access to information today.

    Beginning with education

    U.S. public media took root in the 1920s, when public universities built radio stations so that rural communities could receive better access to the kind of education available in cities.

    The first programs consisted of professors and radio hosts giving lectures about history, finance and other subjects such as cooking, quilting and music appreciation.

    Some of those professors believed so strongly in democratic access to media that they built radio stations with their own hands, including one at the University of Wisconsin. In other cases, professors experimented with performing live drama. Ohio State University broadcast the first educational radio Shakespeare performances in the late 1920s.

    Many people liked the programming enough to tune in, but the quality of early educational broadcast experiments was inconsistent. Some professors didn’t understand how to talk with audiences and were criticized for their monotone deliveries.

    Amid threats to its federal funding, PBS reports on the history of U.S. public media.

    Running the ‘bicycle network’

    Interest in improving the quality of educational radio grew once radio ownership became more widespread. Over 500 U.S. stations were on the air in 1940. By 1945, when World War II ended, over 95% of families owned radio receivers.

    Every listener could take correspondence classes. And educators started to research how to make learning through the radio more compelling and fun.

    By the late 1940s, colleges and universities started to pay better attention to making education on the radio both entertaining and informative. They traded their best programs all around the country, through a system they called the “bicycle network.”

    Once national distribution was in place, producers of educational radio and TV shows came to an agreement about their best programs through a group called the National Association of Educational Broadcasters. They landed on formulas now associated with NPR and PBS. Home economics instruction evolved into cooking shows. Interviews with professors became public affairs programs.

    Radio stations started to combine different kinds of programs that spanned an entire school day. A half-hour children’s comedy show now weaved math, storytelling, music and civics. This format laid some of the groundwork for “Sesame Street.”

    In the 1950s a philosophy of public media emerged.

    The National Association of Educational Broadcasters’ members believed that everyone should have equal access to education no matter where they lived. They argued that information they presented should be held to rigorous standards, such as fact-checking and even peer review, the academic practice of verifying research validity.

    Educational broadcasters aired programs for all kinds of audiences, including in communities not served by commercial media.

    To stay focused on their mission, educational broadcasters decided to bar taking money from corporate advertisers. This meant that most money came from state and local governments instead of businesses.

    State authorities were able to make public announcements, quickly report emergencies and provide free airtime for political candidates. State lawmakers also thought that these media outlets could help their constituents learn trades at their own pace.

    Phasing in government funding

    Using broadcasting to provide equal access to education required a lot of new infrastructure.

    By the late 1950s the federal government started to fund the construction of radio towers, transmitters and buildings so that every person could access educational programs via broadcasts. President Dwight D. Eisenhower signed a law in 1958 that funded educational access because it could contribute to national defense.

    Nearly a decade later, in 1967, President Lyndon B. Johnson signed the Public Broadcasting Act. That law guaranteed a permanent stream of government funding for educational radio and television. Congress had pivoted from “education” to “public” broadcasting as the medium incorporated a wider array of programs, including BBC shows from the U.K.

    PBS first went live in 1970, and NPR’s first broadcast aired in 1971.

    To buffer NPR and PBS from the influence of political parties and commercial sponsors, the law called for the creation of the Corporation for Public Broadcasting.

    In addition to receiving and then disbursing to NPR and PBS the federal funds that Congress appropriates for public media, the CPB provides additional grants to stations across the country. Notably, federal funds help to pay for maintaining equipment and studios where public media programs are taped. That is, most government funding for public media is dedicated to maintaining the technology necessary to continue with its mission to provide equal access.

    The rest of the federal money supports the same program development and audience engagement research that started with the National Association of Educational Broadcasters’ “bicycle network.”

    NPR has gotten more sophisticated since it first went on the air in 1971, as CBS News reports.

    Establishing a strong track record

    The CPB model has succeeded by many measures. About 99% of Americans have access to public media through their television sets, car radios, computers and other devices.

    The CPB received $535 million in government funding in the 2025 fiscal year, equal to roughly $1.60 per American. About 70% of that money supports local radio and television stations. Public media costs taxpayers far more elsewhere. A 2022 study found that Germany spends around $142 per person, the U.K. spends $81, and Canada spends over $26 per year.

    The U.S. system is also unusual in that the local affiliates are nonprofits that have to pay for the NPR and PBS programs they run. Like the CPB, NPR and PBS are independent nonprofits, not government agencies.

    Rather than having the federal government foot the whole bill, in the U.S. public media also relies on $1.3 billion in annual charitable donations from viewers, listeners, corporations and foundations. Of that, public media receives $170 million in underwriting, according to a 2023 report.

    But should the federal government end all federal funding for the CPB, their NPR- and PBS-affiliated stations would have more trouble buying, repairing and replacing the transmitters, antennas and websites required to broadcast their programs.

    Losing access to local news

    The CPB has already sued the Trump administration over its attempt to oust three of its board members. The CPB asserts that because it is an independent organization and not a federal agency, the federal government can’t dictate who serves on its board. Trump’s executive order could also be challenged in court. And, as is the case with all executive orders, any future administration could rescind it.

    Most likely, the original target audience of educational radio − rural communities − would feel the biggest impact if the Trump administration does end federal funding of NPR and PBS. That’s because rural areas have few alternatives now that local journalism has been hit hard by corporate cuts to newsrooms.

    Public media’s first century inspired an alternative approach to media other than producing programs that tobacco companies, automakers and other businesses would want to sponsor. How Congress, the FCC and the courts proceed today will influence public media’s reach and practices for the next century.

    Josh Shepperd is under contract to co-author an update of the history of public broadcasting for Current, public media’s trade journal, and the Corporation for Public Broadcasting. Josh is not a paid employee or vendor of either institution.

    ref. Trump and many GOP lawmakers want to end all funding for NPR and PBS − unraveling a US public media system that took a century to build – https://theconversation.com/trump-and-many-gop-lawmakers-want-to-end-all-funding-for-npr-and-pbs-unraveling-a-us-public-media-system-that-took-a-century-to-build-253206

    MIL OSI – Global Reports

  • MIL-OSI USA: CAHNR’s Class of 2025

    Source: US State of Connecticut

    On May 10 and 12, 2025, the College of Agriculture, Health and Natural Resources (CAHNR) and the Ratcliffe Hicks School of Agriculture will recognize graduates as they meet a major academic milestone.

    Learn about a few of the nearly 600 stellar students who will soon become CAHNR alumni.

    Bendy Al Zaatini, Allied Health Sciences

    Hometown: Waterbury, CT

    Why UConn? Throughout the chaos of the pandemic, I was positive that staying at home while simultaneously building my community at UConn Waterbury would be the right way to start my journey as an undergraduate student at the prestigious school. I was surprised by the number of resources that are available to students. There is always help when needed and many different pathways to achieve success.

    Why your major? I am an Allied Health Sciences major, and I was drawn to it because of the different career opportunities that fall under this major. My plan after graduation is to receive my second bachelor’s degree through CEIN, the accelerated nursing program with UConn, starting January 2026.

    Advice for incoming students? Stay busy, make your presence known, and make sure that everything you are involved in benefits you in different ways. Throughout your many involvements, never forget that you are a student first and prioritize your grades above all else.

    Benjamin Angus, Agricultural and Resource Economics

    Hometown: Avon, CT

    Why UConn? I have been a UConn fan my entire life, so for me it was a no brainer. Coming to Gampel as a kid or tailgating at Rentschler, UConn sports for me wasn’t a hobby, it was a lifestyle.

    Why your major? I am a double major in Environmental Science and Natural Resource Economics. I am eager to join the fight against climate change and am looking forward to wherever that takes me. It is the most pressing issue of our time. After graduation, I am exercising my Covid year and coming back to UConn to get my Masters in Applied Resource Economics. After that, who knows? Wherever the wind takes me.

    Advice for incoming students? When you sit down in class on the first day, talk to the person next to you. Learn their name, get their number, ask them their life story – just put yourself out there and I promise you will meet some incredible human beings. Also, bundle up on a clear winter night and walk to the top of Horsebarn Hill. No one ever looks at the stars in the winter, they are breathtaking.

    Matt Antunes, Plant Science and Landscape Architecture

    Hometown: Smithfield, RI

    Why UConn? UConn was a top ranked school in my choices for college, and I felt like I would get the best education for my major. I felt at home in my time at UConn with the friends and connections I made throughout my four years here.

    Why your major? Plant Science (Sustainable Plant and Soil Systems) – with a turfgrass concentration. I always had a love for turf from a young age. Beginning with just mowing my home lawn as a teenager to eventually building a small putting green, I found I was always around turfgrass systems in my summers. I plan on continuing my education here as a graduate student studying turfgrass pathology, and I plan on working in the golf course industry as an assistant superintendent and hopefully a superintendent down the road.

    Advice for incoming students? Go to a UConn sporting event (especially basketball even if you’re not into it). The energy and atmosphere are unmatched to any other sporting event I’ve been to in my lifetime.

    Jillian Bowen, Pathobiology and Veterinary Science

    Hometown: Trumbull, CT

    Why UConn? The academics were the main draw for me. As an R1 institution, I knew that UConn had a lot of research opportunities, and that really drew me in.

    Why your major? My major is Pathobiology, or disease biology. I attended an agricultural high school and was a member of Future Farmers of America, so I already had an interest in animal science, but the pandemic was definitely a big factor in stimulating my interest in infectious diseases. Pathobiology is a perfect combination of those interests! After graduation, I am planning to attend UConn’s Master of Public Health program with a concentration in epidemiology.

    Advice for incoming students? Variety is the spice of life, so don’t be afraid to try something completely different – learn how to breakdance! Join an improv group! Start a book club! The world is your oyster.

    John-Henry Burke, Natural Resources and the Environment

    Hometown: Suffield, CT

    Why UConn? I chose UConn because I thought it offered the best ‘bang for my buck.’ You get an incredibly large institution with a large number of resources and a diverse array of opportunities for a price that is much more affordable than other schools.

    Why your major? I’m an Environmental Science major with a concentration in Sustainable Systems and a minor in Political Science and a minor in Environmental Economics and Policy. I was drawn to environmental science after taking a class in high school where I learned about climate change, plastic pollution, species extinction, and other threats facing our planet. I’m going to law school in the fall, and I would like to ultimately go into environmental law to advance environmental policy and protect natural areas.

    Top UConn memories? One of the best parts of my UConn experience has been playing in the UConn Marching Band, where I served as Vice President. I’ve met so many amazing people through the band and accomplished a level of musicality I would’ve never imagined possible. Some notable UCMB performances were playing at a New England Patriots game and two Bowl games (Fenway and Myrtle Beach)!

    Christian Carmona, Plant Science and Landscape Architecture

    Hometown: Stamford, CT

    Why UConn? I chose UConn because it helped me the most financially and it was not as far away from my house as others were.

    Why your major? My major is Landscape Architecture, and what drew me to it was that it was a form of architecture I had never heard of before. I was eager to try it out, and it gave me the opportunity to be creative and design spaces for communities. I hope to continue my education and pursue a master’s in architecture.

    Advice for incoming students? Be open minded and ready to learn. You are here for a reason so stay focused on your goals and do not take anything for granted.

    Laura Centanni, Animal Science

    Hometown: Haworth, NJ

    Why UConn? I was leaning towards UConn due to the diversity of species in our barns on campus; however, what tipped the scales in the end was the mascot!

    Why your major? My major is Animal science. I have had a passion for animals and service for as long as I can remember, and I am pursuing my passion of becoming a veterinarian through animal science here at UConn. I have already received my first few acceptances to vet school! Wherever I choose, I know that UConn prepared me well.

    Advice for incoming students? Expand your comfort zone. Let it get so big that nothing is outside of it. UConn is one of the safest environments to explore that you will ever have, so take advantage of it!

    Jessica Harris, Allied Health Sciences

    Hometown: Mansfield, MA

    Why UConn? When it was time for me to look at colleges, I was excited to apply to UConn as is but I also discovered that CAHNR offered the major I was interested in, Allied Health Sciences, as part of the New England Regional Tuition Program. This made UConn such an easy choice for me because of its well-known academic excellence and affordability as an out of state school.

    Why your major? I applied into UConn as an AHS major, because it would allow me to do my prerequisite courses to apply to physical therapy school, but I soon learned that it was not the right path for me. Luckily, AHS is such an adaptable major, intended to cater to your career interests, that I was able to stay on track despite changing paths, and ended up finding exactly what I wanted to do: UConn’s CEIN program.

    Top UConn memories? Going to the UConn Dairy Bar, and 2023 when we won the Men’s National Basketball Championship for the first time in a while.

    Sungwan Kim, Kinesiology

    Hometown: Gyeongju, Republic of Korea

    Why UConn?UConn was my one and only choice because the research topics of my Ph.D. advisor, Dr. Neal Glaviano, perfectly align with my interests. Additionally, the collaborative research culture at UConn offers a unique opportunity to work with leading experts and engage in interdisciplinary projects, further enhancing my professional development.

    Why your major? I am completing my PhD in Exercise Science. Working clinically as a certified athletic trainer, I witnessed firsthand the significant impact that orthopedic conditions have on individuals’ lives. This experience motivated me to investigate how musculoskeletal injuries or pain affect physical and psychological well-being and to explore optimal treatment strategies for rehabilitation and recovery. After graduation, I will start my postdoctoral research fellowship at Boston Children’s Hospital and Harvard Medical School.

    Top UConn memories? One thing everyone should do during their time at UConn is take advantage of the Recreation Center. Whether it’s lifting weights, playing sports, or just taking a break after a long day, it’s a great place to stay active and recharge!

    Gramos Medjolli, Kinesiology

    Hometown: Korça, Albania

    Why UConn? I had heard a lot of great things about UConn from a few people I knew, and I learned what an excellent institution it is. In fact, UConn was the only university I applied to—it was UConn or nothing! I thought to myself, if it’s meant to be, it will be. And it was! At the time, I was living in Germany and already practicing as a physical therapist.

    Why your major? My grandpa always said, “The flowing water always stays fresh.” That’s why I decided to pursue the Doctor of Physical Therapy program at UConn, even after already being a licensed PT in Albania and Germany. I wanted to be the best version of myself in my profession because I love what I do. I truly believe physical therapy is one of the best jobs someone can have. If you’re not making someone else’s life better, then you’re wasting your time. I also want to advocate for the field of physical therapy and create things that will benefit the community.

    Advice for incoming students? Don’t stress too much in advance. He who suffers before it’s necessary will suffer more than necessary. You won’t remember how many hours you studied, but you will remember the beautiful moments and adventures you experienced.

    Yasmin Rosewell, Agricultural and Resource Economics

    Hometown: Las Vegas, NV

    Why UConn? I chose UConn because of its diverse and upbeat environment. The student body is heavily involved in the sports teams, clubs, and educational opportunities the school has to offer.

    Why your major? Economics of Sustainable Development and Management. I was drawn to this because I enjoyed the business aspects of the major, but the department was so involved in the students’ learning and offered great connections and opportunities to learn through different outlets. As an athlete, all of my professors within the department were extremely supportive and accommodating of my absences during the season, and that helped me succeed and learn the material without being overly stressed. After graduation, I plan to travel and then move to New York City and pursue a career in logistics.

    Advice for incoming students? Everyone on this campus is truly rooting for each other. The sense of comradery is one of a kind and the students and staff of UConn are encouraging, inclusive, and collaborative. So be bold. Don’t be afraid to be amazing. There is a place here for everyone and you will find yours. There are always people behind you and in your corner.

    Sydney Seldon, Natural Resources and the Environment

    Hometown: Harker Heights, TX

    Why UConn? I originally came to UConn to play on one of the athletic teams here but when that didn’t work out, I was launched into a time of self-discovery, which unleashed a deeper purpose and passion for spiritual formation and sustainability (both social and environmental).

    Why your major? My major is unique – Environmental Science and an Individualized Major in Sustainable Communities with a Minor in Sustainable Community Food Systems. After graduation, I’ll be joining staff with the Navigators, an international, interdenominational Christian ministry, and walking alongside students as they explore faith and spirituality.

    Advice for incoming students? Be courageous. College brings with it a host of new experiences and opportunities to grow so surrender to it. Allow yourself to be challenged and molded into not only a committed learner, but also a committed individual. Allow your conceptions about the world and yourself to be challenged. Find people who gracefully love you and push you to be the best version of yourself, so that out of that, you can contribute to being a positive influence in the world around you.

    Noah Sneed, Pathobiology and Veterinary Science, Animal Science

    Hometown: Natick, MA

    Why UConn? I chose UConn because of the opportunities for hands-on learning, as well as their extensive commitment to academia and research as an R1 university.

    Why your major? I came into college as an animal science major who was planning on going to veterinary school. I was drawn to it because I have always loved animals, and I was so excited to be able to get hands-on experience working with horses, pigs, sheep, chickens, and of course cows. I was drawn to pathobiology because I realized that further than just administering vaccinations, I was interested in how they worked and the process to make them. I was able to join a pathology research lab on campus, and it has been such an enriching experience. After graduation, I am taking two gap years before medical school. I will be working full time as an EMT in the Boston area, as well as completing a Post-Baccalaureate program at the Tufts Graduate School of Biomedical Sciences.

    Advice for incoming students? Everyone should go to a men’s and women’s basketball game at Gampel Pavilion and sit in the student section. I have never felt so much pride for my school before; it is truly an amazing experience.

    Mingda Sun, Nutritional Sciences

    Hometown: Farmington, CT

    Why UConn? I chose UConn because I am from Connecticut, and did not want to go to school too far away from home. I also chose UConn because it has a strong nutrition and pre-medical program, which were areas of study I wanted to pursue. Moreover, UConn is a large school with students of many different backgrounds, and I felt like it was a place where I could belong and find a community of friends.

    Why your major? I am a nutrition major with a minor in Spanish. I am passionate about how nutrition relates to health and the human body and have worked in numerous community health and public health initiatives as an undergraduate that are related to nutrition and disease prevention. Learning different languages is something I enjoy and believe is an important skill for connecting with patients and populations as a future health care professional. After graduation, I plan to attend medical school and become a doctor!

    Advice for incoming students? Do not be afraid to reach out for support, mentorship, or guidance when you need it. If you have an idea or a passion that you want to pursue, there are faculty and students at UConn who are willing to help you. Don’t be afraid to take the initiative for your own learning!

    Matt Syrotiak, Animal Science

    Hometown: Bethlehem, CT

    Why UConn? I spent a great deal of time here at UConn through 4-H activities and high school FFA competitions. It’s safe to say that the Storrs campus was familiar to me from early on, despite my family having never been and never attending college themselves. While it was the campus and familiarity that drew me to UConn, it was the community of students, faculty, and staff that made me stay.

    Why your major? My major is Animal Science, and I was drawn to it thanks to my involvement with the UConn Extension 4-H program where I worked on my dairy goat project. Through working with my goats, I gained a greater interest in the field, and it was reinforced by my time in agriscience classes throughout high school. UConn was the perfect fit to continue my work in animal science thanks to the proximity of the barns on campus and emphasis of hands-on class work. After graduation, I’ll serve as State 4-H Program Coordinator with UConn Extension, and create meaningful connections for 4-H youth, volunteers, and educators to increase the reach of the college and its community.

    Advice for incoming students? The connections that you gain through being a part of the UConn community are critical to future success whether its classmates, educators, or alumni. You never know when those people will make a new appearance in your life.

    Jonathan Vasquez Garcia, Nutritional Sciences

    Hometown: Willimantic, CT

    Why UConn? Ever since I was little, I was always part of various programs associated with UConn, and when I came to campus, I felt that this school was my calling.

    Why your major? I originally wanted to become a nurse. However, during my fall semester of sophomore year, I took my first nutrition class, where I gained valuable insight into the role of a registered dietitian. Ultimately, I changed my major to pursue a path aligned with my newfound passion for nutrition and sought out experiences that would deepen my understanding of the field. After graduation, I plan to pursue a master’s in clinical nutrition and complete my dietetic internship to become a registered dietitian. Eventually, I plan to work in a clinical setting to further gain foundational knowledge.

    Advice for incoming students? My advice is to have fun and take advantage of all the resources UConn has to offer. And you should diversify your social network; you never know who you will meet.

    MIL OSI USA News

  • MIL-OSI Global: Can Keir Starmer learn anything from Mark Carney’s near-miraculous election win in Canada?

    Source: The Conversation – UK – By Steve Hewitt, Associate Professor in North American History, University of Birmingham

    The greatest comeback since Lazarus. So went some of the sentiment around novice politician Mark Carney’s near-miraculous victory in the April 28 Canadian federal election.

    His Liberal party was on political life support in January. The highly unpopular Justin Trudeau had just resigned and, after nearly ten years in office, the governing centrist Liberals seemed destined for an historic defeat. The Conservative party led by over 20 points in opinion polls and looked certain to enter government.

    Then came a two-part salvation. First was the arrival of Carney as Liberal leader. Without a previous political record, Carney avoided the contamination attached to the Liberals’ time in office.

    The other part of the revival came courtesy of President Donald J. Trump, who repeatedly referred to the outgoing Trudeau as “governor” and mused continually, including on the day of the Canadian election, about his desire for Canada to become the “51st state” of the United States. Applying tariffs on Canadian goods made it clear that the threat was real and triggered a dramatic nationalistic reaction on the part of Canadians.

    They began avoiding travel to the United States and boycotting American products. Carney rode such sentiments to a near majority parliamentary victory and the highest Liberal share of the popular vote at the federal level since 1980.

    But are there lessons from the Carney triumph that might aid other struggling leaders, such as British prime minister Keir Starmer? Having achieved a large majority less than a year ago, Labour has lost a safe seat to Reform in a byelection and languishes in the polls.

    Whereas Carney and the Liberals have been vocal in their resistance to Trump, Starmer and Labour have followed a path of obsequiousness, even to the point of avoiding criticism of the US president over threats to Canada. Instead of speaking out, Starmer has managed Trump by flattering him through an invitation for a second state visit.

    Starmer and Labour seem determined to curry favour with Trump to gain a free trade agreement with the US. Setting aside the value of such an agreement, given how Trump has simply ignored the deal his first administration struck with Mexico and Canada in 2020, the toadying appears to have all been for naught.

    According to the Guardian, the Trump administration has made a free-trade agreement with the UK a second or third level priority. So much for the “special relationship”.

    This apparent disinterest would imply that Starmer and Labour have little to risk by taking a more aggressive stance. Playing a more overtly nationalistic card might play well with more centrist voters in the UK, as it did in Canada. There is clear evidence from opinion polls of growing unhappiness with the United States among Britons, along with increasing disdain for the idea of the “special relationship”.

    Such an approach might undermine some of the momentum that the Reform Party has enjoyed over the last few months. Tying Nigel Farage to the Trump administration might be especially effective given his close connections over several years to the president.

    Certainly, tarring your opponent as a mini-Trump represented an effective tool by the Liberal campaign against the Conservative leader Pierre Poilievre, who not only lost the election but also was defeated in his own constituency after having won there seven previous times.

    A case could be made that the Canadian situation has a uniqueness that isn’t necessarily transferrable elsewhere. There is, for instance, a long history in the country of anti-Americanism as a potent political force, especially on the left of the political spectrum.

    Efforts to distance Canada from the US culturally and intellectually in the 1960s and 1970s were popular and led to a cultural flourishing. And elections in 1911 and 1988 were fought directly over the issue of free trade with the United States.

    Major public concerns over American domination of Canada were key in both contests, even though the latter election was a victory for the Progressive Conservative party that advocated free trade with the US. Additionally, a significant element of Canadian identity outside of Quebec has long been defined in oppositional terms to Canada’s southern neighbour.


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    Even though the Canadian example may be unique, other countries are certainly looking towards it. Taking an aggressive stance against Trump tariffs appears to be helping the Labor party in Australia. It may also have an impact in New Zealand. At this point, with Starmer and Labour struggling in troubled polling waters, Trump may be the best political lifeline available.

    Steve Hewitt 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. Can Keir Starmer learn anything from Mark Carney’s near-miraculous election win in Canada? – https://theconversation.com/can-keir-starmer-learn-anything-from-mark-carneys-near-miraculous-election-win-in-canada-255735

    MIL OSI – Global Reports

  • MIL-OSI United Nations: 30 April 2025 Departmental update Restoring balance: Traditional Medicine at the World Health Summit Regional Meeting 2025

    Source: World Health Organisation

    The next World Health Organization (WHO) Traditional Medicine Global Summit, 2–4 December 2025, was unveiled during a keynote plenary session at the World Health Summit Regional Meeting 2025 in New Delhi, India, on 25 April. The session, organized by the WHO Global Traditional Medicine Centre, brought together government ministers, private sector directors, scientists and United Nations leaders to explore how combining ancient wisdom and modern science can expand access to safe, effective and people-centred Traditional Medicine (TM) and strengthen global health equity.

    Stewards of a collective future

    Delhi-based broadcaster Rini Simon Khanna opened the session, entitled: “ Restoring balance: Scaling up access to evidence-based traditional medicine for health and well-being”. She emphasized that the audience had gathered as “stewards of a collective future in health”, with TM serving as “a bridge connecting ancestral knowledge and modern science”. Prataprao Jadhav, India’s Minister of State for the Ministry of Ayush, addressed the gathering via pre-recorded video, stressing the need to integrate traditional knowledge with modern health systems in response to global challenges. The Minister took the opportunity to introduce the second WHO Traditional Medicine Global Summit, to be held in December 2025, and encouraged people to continue the dialogue at the Summit and “be a part of this shared journey towards global health harmony”.

    An evolving global health system

    Dr Rajesh Kotecha, Secretary and Vice-Minister, Ministry of Ayush, opened the panel discussion, telling participants, “TM is not just a thing of the past, it is a living, evolving component of many health systems around the globe”, offering relevance and promise in delivering affordable, accessible, people-centred care.

    The first panellist, Drungtsho Dorji Gyeltshen, Traditional Medicine Physician at National Traditional Medicine Hospital, Bhutan, showcased how the country’s traditional system of health care, Sowa-Rigpa, is accessible to rural and hard-to-reach communities and offers trusted, free and culturally relevant care. Sowa-Rigpa plays a key role in Bhutan’s Gross National Happiness, which is aligned to four pillars: good governance, social and economic development, preservation and promotion of culture, and environmental conservation.

    Global strategy for TM

    Dr Saima Wazed, Regional Director for WHO South East Asia Regional Office, explained how the draft WHO Global Strategy for Traditional Medicine, 2025–2034 (scheduled for discussion at the Seventy-eighth World Health Assembly) will support WHO Member States in integrating TM into primary health care. She stressed the need to develop evidence-based programmes to reduce misinformation, for greater confidence in TM. She also highlighted the need for culturally reflective policies and regulatory bodies, communicated in understandable language.

    The role of evidence

    Aditya Burman, Non-Executive Director of Dabur India, emphasized the need to shift from anecdotal to evidence-based TM, just as biomedicine did. He added, “We hear anecdotal a little too much when it comes to TM, and we’d like to change that”. When discussing how to drive future growth in the TM sector, Mr Burman said, “It’s not about shouting louder [about the benefits of TM], it’s about allowing the other side to be receptive – building effective products and proving their effectiveness in a globally understood language”.

    Professor Georg Seifert, a Senior Lecturer in Paediatrics at Charité – Universitätsmedizin Berlin, Germany, built on this point by explaining that more research is urgently needed, particularly on TM’s cost-effectiveness and sustainability. He also noted that integration of TM and biomedicine requires trust between those working in both systems, which grows from transparency about the strengths and limitations of TM. Professor Seifert also remarked on cross-cultural collaboration: “I can envisage a global network of integrative clinical centres that aid a diverse care model using rigorous but flexible methods, tailored to cultural and therapeutic contexts”, he said.

    Voices of youth

    Tanushree Jain, Chair of Public Health at the International Pharmaceutical Students’ Federation and member of the WHO Youth Council, discussed the generational shift in young people’s attitudes towards wellness, which includes preventive practices that incorporate ethics and sustainability. She highlighted that young people want to see TM validated through science and integrated safely in modern care. “When traditional knowledge is adapted with rigour and relevance, it earns our trust”, she stated.

    Digital tools like mobile health apps and fitness trackers are making traditional practices more accessible to youth and driving behaviour change. When these tools are engaging, educational, inclusive and sustainable, they empower young people to integrate personalized holistic care into their daily lives.

    Bridging the gap between science and policy

    Dr Soumya Swaminathan, former Chief Scientist at WHO and Chair of MS Swaminathan Research Foundation, stated, “No system of medicine has the answer to everything, and this is why we need to think about integrative medicine”. She stressed that there are currently different terms and diagnostic systems in use by traditional healers and allopathic doctors. She explained that to bridge the gap between science and policy, culturally significant practices need to be evaluated and integrated using robust, context-sensitive scientific methods, with a common language and vocabulary. Dr Swaminathan also highlighted the importance of harnessing the opportunities presented by modern tools, such as AI for diagnostics, through a multidisciplinary approach.

    The future of TM

    Dr Rajesh Kotecha asked each of the panellists one final question: “Looking ahead to the next five years, what is the one thing that is needed most for TM to advance the health and well-being of all?”

    • Drungtsho Dorji Gyeltshen said that establishing Bhutan as a centre of excellence, and focusing on sustainable and innovative practices will preserve and promote Sowa-Rigpa, ensuring it remains relevant, accessible and contributes to global health;
    • Dr Saima Wazed emphasized bringing data and knowledge together from global TM practices in a standardized format, so they can be shared on a global platform;
    • Aditya Burman noted that it is important to ensure TM becomes part of the mainstream vocabulary, suggesting inclusion on medical TV shows and films, to show that TM is not a niche “out there” idea;
    • Professor Georg Seifert said that he sees big potential in preventive medicine and integrated health care models, but strong evidence and good business models are needed to show cost-effectiveness;
    • Tanushree Jain highlighted establishing evidence in scientific research and using that to build trust in TM;
    • Dr Soumya Swaminathan stressed that this is the time to come together to bring the disciplines together, to not fight over which one is better, but to develop the science and communicate it effectively to people, for the best person-centred care.

     

    The session concluded with a question-and-answer session with the audience. One participant said that, as an editor at The Lancet medical journal, they noted a lack of submissions and publications on TM. They highlighted the need to bring TM to the global stage, through high-quality journal articles and clinical trials, for people to have trust. The panellists suggested some challenges, such as language or cultural understanding, as well as constructive feedback, such as the need for greater outreach or funding programmes. Dr Swaminathan added that there is also an evidence feedback loop – if the right research has not been published in the literature, then it is difficult to validate findings, as per publication policies, and suggested journals like The Lancet help create publishing opportunities for TM research.

    Restoring balance

    In his closing video address, Dr Tedros Adhanom Ghebreyesus, WHO Director-General, reminded the audience that TM is as old as humanity itself and that for hundreds of millions of people, TM is just medicine. Through GTMC, WHO is supporting research to harness the power of these ancient practices.

    Moderator Rini Simon Khanna remarked that this is “not the conclusion of our conversation but the beginning of a shared journey”, which is as much about restoring balance within ourselves, our communities, the health system and our relationship with the natural world. That journey continues at the second WHO Global Traditional Medicine Summit in December. The summit video was unveiled, which sets out how the next Summit will help unlock the full potential of TM. The Summit offers not just a space for dialogue, but a call to action to explore how the nexus of TM and modern science can restore balance and well-being for people and our planet. Ms Khanna closed, “Restoring balance is not just a policy goal, it is a personal and planetary commitment.

    MIL OSI United Nations News

  • MIL-OSI Global: Burkina Faso and Mali’s fabulous flora: new plant life record released

    Source: The Conversation – Global Perspectives – By Cyrille Chatelain, Scientist, Conservatoire et Jardin botaniques de Genève (CJBG)

    The Illustrated Flora of Burkina Faso and Mali is the first comprehensive documentation of the remarkable plant diversity in these two west African countries.

    Written in French, the book is the outcome of decades of botanical research and scientific collaboration between institutions and botanists from Burkina Faso, Mali, France, Switzerland and Germany. For the first time, it provides a complete inventory of ferns and flowering plants in Burkina Faso and Mali. It catalogues 2,631 species – both native and introduced – with 2,115 identified in Burkina Faso, 1,952 in Mali, and 1,453 shared between both countries.

    Featuring over 800 photographs, 2,631 scientific illustrations, detailed descriptions, distribution maps, and identification keys, it serves as an essential tool for scientific research and biodiversity conservation. It’s also useful for sustainable development in the region.

    We are a team of botanists from Burkina Faso, Mali and Europe who worked on this guide. One of our team is the botanist Jean César, who has carried out botanical research in the region for over 30 years. We based the guide on his earlier work in researching the flora of West Africa, and training young botanists.

    The guide shows how diverse the climate of west Africa is. From the Sahara Desert to the Sahelian zone and the savannas and open forests of the Sudanian region.

    By identifying plant species – whether common, rare, overexploited, or invasive – this guide can play a crucial role in conservation efforts: one can only protect what one knows.

    The publication lays the groundwork for conservation of Sahelian ecosystems, which face increasing degradation with direct consequences for rural communities.

    How we came up with the guide

    As a team, we’ve conducted more than 40 years of research in Burkina Faso and Mali, documenting different plants. We also studied herbarium collections in Paris, Montpellier, Frankfurt and Geneva in Europe and Ouagadougou and Bobo-Dioulasso in Burkina Faso.

    We drew from online resources such as African Plants – A Photo Guide and the African Plant Database. These compile comprehensive data on African plant biology, distribution and taxonomy (the science of classifying and naming plants).

    The book is written in French and includes an index of local plant names in the local languages of Bambara, Dogon, Sonrai, Sénoufo and Peulh. This makes it a valuable resource for local communities and researchers alike. There is an open access digital version to make sure that everyone can use the new illustrated guide.

    Discovering new and rare species

    The book highlights species previously known from only a few observations. These are both widely distributed species and plants that are rare, only found in unprotected areas facing heavy urbanisation.

    About 330 of the plant species in the guide have only ever been seen once in Burkina Faso or Mali, although some are present in neighbouring countries.

    Another 40 near-endemic species (mainly only found in Burkina Faso and Mali) have only been seen once 40 years ago. Most of those are aquatic plants, growing along the Niger River, or in small wetland environments.

    Additionally, this research updates information on more than a hundred poorly understood species that require further study. Some of these are likely new to science and have not even been given formal names. For instance, we found a new type of Brachystegia tree in the Geneva Botanical Garden’s herbarium. It is new to science and will have to be described.

    Many plants documented here hold ethnobotanical value. They are part of the indigenous knowledge of Burkina Faso and Mali and play roles in traditional medicine, agriculture and crafts.

    We found more than 120 species that have medicinal uses. Identifying them with correct scientific names will be crucial for the study of how people can continue to use these plants, especially as medicine.

    Collaboration in difficult times

    The hospitality of Sahelian countries has fostered numerous collaborations over the years under different projects.

    Unfortunately, the current insecurity in the region has made field studies extremely dangerous, threatening conservation projects. For instance, forest rangers can no longer travel freely, and some regions have become inaccessible.

    Publishing this book at such a difficult time brings renewed momentum to scientists and serves as a positive sign of continued collaboration. It gives visibility to botanical studies in both countries and highlights the importance of collaborations among botanists from different continents.

    By recording this biodiversity, this work not only preserves valuable ecological knowledge but also ensures that the knowledge of these species is not lost to conflict-driven environmental degradation. It sheds light on the importance of preserving plants for future generations.

    Cyrille Chatelain receives funding from the Swiss Agency for Development and Cooperation (SDC).

    Adjima Thiombiano, Blandine Marie Ivette Nacoulma, and Mamadou Lamine Diarra do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Burkina Faso and Mali’s fabulous flora: new plant life record released – https://theconversation.com/burkina-faso-and-malis-fabulous-flora-new-plant-life-record-released-253571

    MIL OSI – Global Reports

  • MIL-OSI Europe: Briefing – Robert Schuman – 02-05-2025

    Source: European Parliament

    In 1958, Robert Schuman was elected president of the European Parliamentary Assembly, predecessor to the European Parliament. This French politician, who was particularly sensitive to the tensions between France and Germany, is regarded as one of the ‘founding fathers’ of what is now the European Union. After the Second World War, he supported the establishment of the Council of Europe and helped to bring many other European projects to fruition. With his declaration of 9 May 1950, considered the founding act of the European integration process, Robert Schuman assumed political responsibility for a common coal and steel market that would later become the European Coal and Steel Community (ECSC). The declaration underlines the role of France in building a strong, prosperous and peaceful Europe, starting with France and Germany. Going far beyond mere objectives, the declaration also sets out the precise basis upon which the negotiations should begin. Robert Schuman was president of the European Parliamentary Assembly from 1958 to 1960. This institution was the political institution par excellence of the Communities: at once a democratic organ representing the peoples of Europe, a body invested with the power of executive scrutiny, and a unifying element between the three Communities. Highly influenced by Christian values, Robert Schuman campaigned to build a strong and united Europe step by step, and to establish institutionalised solidarity between European countries. Robert Schuman’s legacy continues to influence and shape the European Union to this day.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: City commemorates VE Day 80 with community events

    Source: City of Wolverhampton

    The City of Wolverhampton Council has made £20,000 available in grants from the Safer Prosperity Fund, enabling communities to mark this historic occasion in style.  

    Residents will be holding street parties and joining together in parks, community centres, places of worship – even allotments.

    VE Day, celebrated annually on 8 May, commemorates the day in 1945 when Nazi Germany officially surrendered to the Allied forces, ending nearly 6 years of brutal conflict in Europe. The 80th anniversary serves as a poignant reminder of the sacrifices made by countless individuals and the enduring spirit of unity and resilience that characterised the Allied victory.

    Councillor Obaida Ahmed, Cabinet Member for Digital and Community, said: “VE Day is a time for us to reflect on the immense sacrifices made by those who fought for our freedom. It is also an opportunity to celebrate the peace and prosperity that their bravery has afforded us.

    “As we mark this 80th anniversary, let us honour their legacy by fostering a community spirit of unity and remembrance.”

    In addition to community based celebrations, the council will be hosting several special events:

    • Coffee morning at Central Library at 10.30am on Thursday 8 May. Staff will dress in red, white, and blue, and there will be a green screen and sing along with school children in Central Library. The young poet laureate and primary poet champion have been commissioned to write a poem to be read at the event and shared widely on social media.
       
    • VE Family Celebration Event at Bantock Park on Monday 5 May, from 11am to 3pm – a themed event with bunting, 40s singers, The Bluebird Belles, and craft activities. 
       
    • Wolverhampton Art Gallery will be displaying artwork from their collection for the 80th commemoration of VE Day. The featured artwork is by Edward Bawden, titled “Ravenna: Tired Tanks parked in the Viale Farini, 1944.”

    Councillor Ahmed added: “We’re inviting all residents to participate in these events and join in commemorating this historic occasion. Together, we can ensure that the legacy of VE Day continues to inspire future generations.”

    Additionally, veterans will be attending a wide range of events including The Black Soldiers Story Untold, highlighting the often overlooked contributions of Black soldiers during VE/VJ Day and providing a platform to celebrate their courage, Vaisakhi at West Park will be honouring Sikh war veterans at Vaisakhi, Veterans in the Community will come together for a buffet, music, quiz and raffle, Bilston Memory Café will be holding a celebration for people with dementia and local veterans, while the RAFA Club will be opening its doors to families, veterans and children alike to commemorate VE Day next Saturday 10 May.

    National celebrations will be honouring the momentous announcement made by Prime Minister Winston Churchill at 3pm on 8 May, 1945, signalling the end of the Second World War in Europe after nearly 6 years of brutal conflict. 2025 will also mark the 80th anniversary of VJ Day on 15 August, 1945, which signified the Allies’ defeat of Japan.

    For more details of the national celebrations, visit the VE/VJ Day 80 website.

    MIL OSI United Kingdom

  • MIL-OSI: xSuite Asia Invites Customers to the 2025 User Conference in Singapore

    Source: GlobeNewswire (MIL-OSI)

     Under the Theme “One Team. One Journey,” the Software Provider Showcases Innovations and Solutions for the Finance Sector

    Singapore, May 2, 2025 – xSuite Asia invites users to join the 2025 User Conference, taking place on May 29 in Singapore, for an in-depth look at future-ready technologies. The one-day event will focus on today’s most critical topics for IT and finance professionals: artificial intelligence, invoice processing, SAP S/4HANA, cloud computing, and SAP Clean Core strategies.

    A highlight of the agenda will be a customer keynote presenting real-world insights into the deployment of xSuite’s automated invoice processing solution. Attendees will learn about the initial project setup, the challenges that were addressed, and the measurable outcomes that have been achieved.

    Finance Technology with a Forward Focus
    Technologies like cloud platforms and AI are creating new possibilities in financial operations—and development is accelerating. At the conference, xSuite will present its latest product innovations and roadmap, while also exploring emerging technology trends shaping the future of finance.

    Key Focus Areas
    1. Deep Dive Artificial Intelligence: xSuite’s Prediction Server delivers AI-powered support for invoice processing in SAP environments. This session will highlight how AI is expanding its capabilities across additional finance workflows, and how Large Language Models (LLMs) are transforming document recognition and data extraction.

    2. Deep Dive SAP S/4HANA and Cloud: As many organizations are progressing with or preparing for their SAP S/4HANA migration, aligning with SAP’s Clean Core strategy is essential—even in Private Cloud environments—to prevent future technical debt. Participants will explore xSuite’s solution architecture, including SAP-integrated Business Solutions 6.0 and offerings built on the SAP Business Technology Platform (BTP).

    Networking and Strategic Discussions
    The event will conclude with networking opportunities and discussions around customer requirements, xSuite’s role as a premium partner, and best practices for implementing successful digital transformation projects.

    Event Details:
    xSuite User Conference
    Date: May 29, 2025
    Location: Oasia Hotel Downtown, 100 Peck Seah Street, Singapore 079333
    Time: 10:00 AM – 3:00 PM
    More information and registration: https://news.xsuite.com/en/user-conference-2025-singapore

    About xSuite Group

    xSuite is a software manufacturer of applications for document-based processes and provides standardized, digital solutions worldwide that enable simple, secure, and fast work. We focus mainly on the automation of important work processes in conjunction with end-to-end document management. Our core competence lies in accounts payable (AP) automation in SAP (including
    e-invoicing), for leading companies worldwide, as well as for public clients. This is supplemented by applications for purchasing and order processes as well as archiving – all delivered from a single source, including both software components and services. xSuite solutions operate in the cloud or in hybrid scenarios. We take pride in the high-quality solutions we offer, as evidenced by the regular certifications we receive for our SAP solutions and deployment environments.” With over 300,000 users benefitting from our solutions, xSuite processes more than 80 million documents per year in over 60 countries.

    Founded in 1994 and headquartered in Ahrensburg, Germany, xSuite has around 300 staff across nine locations worldwide – in Europe, Asia, and the United States. Our company has an established information security management system that is certified in accordance with ISO 27001:2022.

    Contact:
    Barbara Wirtz
    xSuite Group GmbH
    Marketing & PR
    Tel. +49 (0)4102/88 38 36
    barbara.wirtz@xsuite.com
    www.xsuite.com

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    The MIL Network

  • MIL-OSI Economics: Denis Beau: Our payment system at a time of geopolitical risks

    Source: Bank for International Settlements

    Slides accompanying the speech

    [Slide 1 Cover slide]

    The payments sector has undergone significant changes in recent decades, driven by digitalisation and the rise of new technologies. While the latter provide opportunities, they also bring risks, particularly in terms of financial stability and sovereignty. These risks have been amplified since the inauguration of the new US administration and the upheavals to the international order that its challenges to multilateralism and its deregulatory and protectionist policies could cause. 

    Against this backdrop of great uncertainty and the major shocks to the financial system since the start of the month, the financial authorities have an important role to play in fostering stability and trust among the players in the French and European economy and financial system. Accordingly, in addition to ensuring price stability, the objective of the Banque de France, in keeping with its monetary and financial stability mandates, is to help maintain stable access to financial services, particularly credit, and to encourage innovation and diversification. It also strives to ensure the smooth functioning of our economy and the infrastructures on which it relies, and especially our payment system.

    In my presentation this morning, I would first like to review the main trends and challenges facing the European payments ecosystem, and then present the levers we are using at the Banque de France to ensure its efficient operation and the security of payment systems and payment means, and to help strengthen Europe’s sovereignty over its payment system. 

    [Slide 2 – I. Trends and challenges for payments in France and Europe]

    I. The digitalisation of payments and its implications    

    A. Progress in technology is leading to the rapid digitalisation of the payments ecosystem

    [Slide 3: A rapid payment digitalisation process]

    For a little over a decade now, we have been witnessing a strong move towards digitalisation and the increasing use of electronic payment solutions, with an attendant decrease in the use of cash. Payment cards are now the most commonly used means of payment at the points of sale, accounting for more than 48% of transactions in France in 2024. Conversely, cash payments are gradually decreasing, falling to 43% of point-of-sale transactions in France in 2024, whereas they stood at 50% in 2022, and as high as 68% in 2016.

    This trend accelerated even further with the rise of online shopping and the Covid pandemic. The share of e-commerce in the number of transactions thus doubled between 2019 and 2024 to reach a quarter of all transactions in France. At the same time, contactless payments and mobile payments have developed rapidly, with the aim of making payments increasingly seamless and almost invisible to consumers. This trend has been facilitated by the development of new technologies that have modernised payments, such as near-field communication (NFC) and QR codes, which have enabled the roll-out of contactless payments. 

    Against this backdrop, new players in payments have emerged, whose value added stems from technological innovation. These new players are now competing with traditional financial institutions such as banks. They include not only FinTechs but also “non-financial” players, namely telecom operators, technical service providers (specialising, for example, in the tokenisation of payment card data), and BigTechs, in particular the American GAFAMs – ApplePay, GooglePay – which dominate the mobile payments market. They also include Chinese and Korean platforms such as AliPay and WeChatPay.

    The growth in the tokenisation of financial instruments, driven by the use of distributed ledger technologies (DLT) such as blockchain, represents a significant opportunity for our markets. Significant benefits are expected: faster exchanges, lower operating costs and greater transparency of transactions. However, this trend is now going hand in hand with a plethora of uncoordinated DLT initiatives, giving rise to the emergence of new private settlement assets, most notably stablecoins. These initiatives are largely controlled by non-European players and mechanisms, whose reference currency is the dollar. 

    B. The challenges raised by changes in the payments landscape

    [Slide 4: Issues and challenges posed by the digitalisation of the European payments system]

    While the digitalisation of payment means has delivered many benefits, in particular by enabling simpler, faster, more convenient and more secure payments, it also poses challenges.

    The decline in the use of cash raises questions about the sustainability of some of its characteristics, particularly confidentiality, universal acceptance and accessibility, which are not currently available in the digital sphere. Furthermore, the increase in the use of digital payments raises questions about the role of central bank money, as opposed to commercial money used for card payments, even though central bank money plays a key role in anchoring confidence in our monetary system. 

    Furthermore, expanding the use of digital solutions has steadily upped our reliance on non-European entities (particularly from the United States and China), which already leverage significant network effects, thanks notably to their ability to harness extensive datasets and customer bases. They also control a number of widely used proprietary standards (Visa, Mastercard). Beyond the question of operational resilience, this situation raises concerns over competition, strategic autonomy and data protection. With the emergence of these international players, European payment solutions appear highly fragmented and their market share has been eroding.1

    The growing digitalisation of payments also represents a challenge to maintain a high level of payment security. Fraud schemes are becoming increasingly complex, involving the manipulation of payers and the circumvention of the strong authentication mechanisms put in place to ensure the security of digital payments in Europe. In particular, artificial intelligence (AI) is a double-edged sword

    AI amplifies cyber risk and, in payments, it can considerably facilitate payment scams, for example through deepfakes. But this technology can also become an invaluable ally in the fight against fraud, by enabling fraud schemes to be more rapidly and effectively identified. Against this backdrop, integrating AI into anti-fraud models could help to improve the security of the digital payment means available to the public.

    It should also be noted that digitalisation could extend to financial assets, through tokenisation, although at present there are no suitable and really secure payment solutions available for these financial transactions. Therefore, without a central bank money-based payment solution for these “wholesale” transactions, private non-European solutions could become dominant, in particular stablecoins. However, almost all stablecoins are currently pegged to the dollar, and their issuance in the United States is not currently subject to any protective federal regulatory framework. If the tokenisation of financial assets were to gather pace, the lack of a central bank money payment solution in euro might therefore threaten the role of central bank money as the anchor of the euro area’s monetary architecture, with concrete adverse consequences: an increase in counterparty and liquidity risks, increased fragmentation of settlement, and ultimately a loss of sovereignty and a weakening of financial stability.

    In this context, the recent positions adopted by the new US administration, and in particular the adoption on 23 January of an Executive order, are likely to amplify these risks as this Executive Order (i) prohibits all work related to the development of a new form of central bank money compatible with technological changes, (ii) promotes the development of dollar-backed stablecoins, and (iii) encourages citizens and businesses to use public blockchains. This new political direction reinforces the need for Europe to preserve its monetary sovereignty, which means developing its payment sovereignty.

    II. To meet these challenges, the Banque de France is using several additional levers for action

    [Slide 5: Transition – Two additional responses: regulation/support and innovation.]

    A. Adapting regulatory frameworks and supporting innovation within a framework of trust

    [Slide 6: Adapting regulatory frameworks at national and international level]

    First and foremost, the Banque de France promotes clear, standardised and balanced regulatory frameworks that allow innovation to flourish within a framework of trust conducive to their sustainable deployment. It therefore supports and contributes to the development of frameworks that aim to:

    • Maintain a level playing field between players. For example, this has made it possible for operators other than Apple to have access to NFC antennae on iPhones at the European level to promote better competition.
       
    • Adapt to technological progress to support the development of new players, while ensuring they are adequately regulated, based on the principle of “same activity, same risk, same regulation”. This approach has guided the deployment of the Markets in Crypto-Assets (MiCA) regulation, which standardises the rules applicable to crypto-asset service providers, enabling them to develop their business while ensuring that risks to users and the financial system are properly managed. 
       
    • Protect consumers. This was, for example, the aim of the second European Payment Services Directive (PSD2), which introduced “strong customer authentication” (SCA) for more secure payments. The Instant Payment Regulation (IPR) follows the same logic, requiring payment service providers (PSPs) to deploy fraud protection measures (e.g. checking the name of the beneficiary against the IBAN) to ensure the orderly development of instant payments.

    [Slide 7: Strengthening the security of means of payment]

    As part of its statutory mission, which includes ensuring the security of means of payment, the Banque de France supports innovation by ensuring that it does not jeopardise the security of payment methods. The following tasks are performed within the framework of the Observatory for the Security of Payment Means (OSMP).

    • Communication campaigns targeting the general public, such as “never give out your data”, carried by various audio-visual media and radio, and aiming to raise awareness of the personal nature of passwords in particular,
    • Initiatives aimed at boosting cooperation with data protection, cybersecurity and telecommunications authorities to limit fraud as much as possible.

    [Slide 8: Promoting innovation by supporting private initiatives]

    Support for innovation also seeks to ensure that private initiatives help to strengthen European sovereignty over the euro payment system:

    • At the national level, this support aims to consolidate the position of high-performance French payment solutions, such as the Groupement carte bancaire (CB bank card group), which has been allocated specific support within the framework of the new national retail payments strategy for 2025-30, implemented by the National Payments Committee (CNMP) last October.
       
    • At the European level, pan-European solutions, such as the European Payments Initiative (EPI), are strongly supported. EPI launched the ‘Wero’ digital payment wallet for consumers last autumn, providing instant payments across five European countries (Belgium, France, Germany, Luxembourg and the Netherlands). This initiative with pan-European ambition aims to promote competition and strengthen Europe’s strategic autonomy in retail payments.

    B. The provision of new central bank money services to preserve the key role of central bank money in a digitalised world

    Alongside regulating and supporting private initiatives, the Banque de France is making a strong and decisive contribution to the Eurosystem’s work on developing its services through the creation of a central bank digital currency for both retail and wholesale transactions. This work has become more strategically important in terms of ensuring European sovereignty over its payment system since the policy shift initiated by the new US administration that I referred to a few minutes ago.

    [Slide 9: Innovating with the digital euro: a European payment solution] 

    1. The digital euro

    Given the strong dependence on American payment solutions and networks, the Banque de France thus supports and participates fully in the digital euro project spearheaded by the Eurosystem, which will constitute a public alternative, preserving the freedom to choose means of payment, sovereignty and competition in the euro area. 

    The digital euro aims to provide everyone with the possibility to use a ‘digital banknote’ in the digital payments sphere that incorporates the main features of a ‘physical’ banknote. Its off-line mechanism will provide a cash-like level of privacy and will be a guarantee of resilience. It will be free of charge for individuals. Its characteristics will foster digital financial inclusion, including for people without bank accounts or smartphones. It will also be a new form of public money, which will safeguard the anchoring role of central bank money and trust in our single currency.

    The digital euro also aims to strengthen European integration and strategic autonomy in payments thanks to the legal tender status it would be given, making it usable anywhere and in any circumstances within the euro area. It will also be based on open and harmonised standards, which private payment solutions such as Wero will be able to use to expand their reach. In this way, the digital euro aims to foster the development of private solutions under European governance, which can be used across the euro area, whereas most solutions are currently restricted to certain countries or use cases.

    The Eurosystem is currently in a preparation phase that will last until the end of 2025. At the same time, a democratic debate is taking place at the European level to define, by means of legislation, the conditions in which the digital euro may be used. A decision on issuance can be taken once this legislation has been approved by the European Parliament and the Council.

     [Slide 10: From Wholesale CBDC to a shared European ledger]

    2. Wholesale central bank digital currency

    With the development of tokenised assets, the Banque de France is also firmly committed to providing a payment solution in central bank money that includes making it available in tokenised form, in other words, a “wholesale CBDC”. 

    The Banque de France has been resolutely committed to this solution since 2020, playing a pioneering role at the European level in an experimental programme conducted between 2020 and 2022, in partnership with various private and institutional sector players. This work, which allowed the Banque de France to develop and test its own blockchain (DL3S), was followed by that of the Eurosystem in 2024. This was used to test three solutions for settling tokenised assets in central bank currency through around 40 or so experiments.

    Drawing on the lessons learned from these experiments and their confirmation of a demand for adapting central bank money services, in February 2025, the ECB Governing Council decided to quickly make available a settlement service in CB money adapted for tokenised assets, which will include money in token form, i.e. a “wholesale” CB digital currency. 

    This decision also paves the way for discussions on building a European shared ledger that could be used to adapt European payment infrastructures to the digital era to ensure sovereignty. By providing a credible alternative to non-European solutions, based on a standardised legal and regulatory framework, a European shared ledger could support financial integration within the EU and help strengthen the resilience and attractiveness of our financial market. 

    Conclusion : As a central bank tasked with safeguarding monetary and financial stability, and notably the security and efficiency of payment systems and means of payment for the euro, the Banque de France is fully committed to monitoring, understanding and supporting the major transformations currently taking place in the payments landscape. These transformations have recently assumed major strategic importance for the monetary sovereignty of euro area countries, necessitating the mobilisation of all the European players concerned to respond in an appropriate and adequate manner. This involves developing secure, efficient public and private pan-European payment solutions that contribute to European sovereignty over its payment system. As both supervisor and provider of central bank money services, we are determined to play our part.

    [Slide 11: Thank you for your attention]


    MIL OSI Economics

  • MIL-OSI: ING posts 1Q2025 net result of €1,455 million, with strong growth in customer balances and fee income

    Source: GlobeNewswire (MIL-OSI)

    ING posts 1Q2025 net result of €1,455 million, with strong growth in customer balances and fee income

     
    1Q2025 profit before tax of €2,124 million with a CET1 ratio of 13.6%
    Strong increase in fee income, driven especially by an increase in investment products
    Total income was resilient, supported by an excellent growth in deposits and a continued increase in mortgage volumes, as well as strong results in Financial Markets
    Operating expenses excluding regulatory costs slightly lower quarter-on-quarter
    We continue to move our capital towards our target level and announce a €2.0 billion share buyback
     

    CEO statement
    “While the geopolitical and macroeconomic circumstances remain uncertain, we believe there is an opportunity for Europe to collectively drive competitiveness and resilience through simplification of regulations and investments in infrastructure, technology and defence,” said Steven van Rijswijk, CEO of ING Group. “As one of the largest and most geographically diversified European banks, we are well-positioned to play a key role in supporting this growth while navigating volatility. During these times, we are staying particularly close to our clients to understand their concerns and banking needs. Our scale, strong performance and robust capital ratios enable us to provide our customers with the support required to manage uncertainties, mitigate risks and capture opportunities.

    “During the first quarter of 2025, we have delivered continued commercial growth, driven by excellent growth in deposits and higher mortgage volumes. Total income has increased, supported by resilient commercial net interest income and a strong increase in fee income. Expenses have decreased slightly quarter-on-quarter and the increase year-on-year was in line with our guidance, reflecting the impact of inflation and client acquisition expenses. Risk costs were €313 million and below our through-the-cycle-average, reflecting the quality of our loan portfolio.

    “In Retail Banking, our mobile primary customer base has grown by 174,000 customers this quarter, mainly attributable to Germany, the Netherlands, Spain and Poland. We have attracted €17 billion in retail core deposits, primarily in Germany. And we have increased core lending by €9 billion, of which €6 billion is in residential mortgages, particularly in the Netherlands and Germany, and nearly €2 billion in Business Banking. Across our markets, we have seen 125,000 mortgage applications during this quarter, up 20% year-on-year. Retail fee income has risen 18% year-on-year, primarily driven by growth in the number of investment product customers, higher assets under management and an increase in customer trading activity.

    “In Wholesale Banking, total income was stable, with strong results in Financial Markets as we have supported our clients during the turbulent market conditions. This turbulence has also led to muted lending volumes. Fee income in Wholesale Banking has increased quarter-on-quarter, mainly driven by higher fees from Global Capital Markets and Trade Finance. Moreover, we have continued to invest in front office growth, our digital customer experience and the scalability of our systems.

    “We continue to support clients in their sustainability transition by launching innovative services or by entering into partnerships. In Wholesale Banking, we have increased sustainable volume mobilised to €30 billion, a 23% increase versus last year. In Spain, we have launched a service that helps retail customers get insights into their CO2e emissions and provides tips on how to reduce their environmental footprint. In Australia, ING has become the first bank to participate in a new digital energy ratings programme that provides our customers with free energy ratings of their homes and identifies potential sustainability improvements.

    “We continue to converge our CET1 ratio to our target level while taking the ongoing geopolitical and macroeconomic uncertainty into account. In that light, today we announce a share buyback programme of €2.0 billion.

    “We’re pleased with our first-quarter performance and are confident in our ability to deliver value to our stakeholders in the current macroeconomic turbulence. We are well on track to meet our 2027 targets and I would like to thank our employees across the world for their contributions to these strong results and their commitment to serving our customers.”

     
    Further information
    All publications related to ING’s 1Q 2025 results can be found at the quarterly results page on ING.com. For more on investor information, go to www.ing.com/investors.

    A short ING ON AIR video with CEO Steven van Rijswijk discussing our 1Q 2025 results is available on Youtube.
    For further information on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroom or via the @ING_news feed on X. Photos of ING operations, buildings and its executives are available for download at Flickr.

     
    Investor conference call and webcast
    Steven van Rijswijk, Tanate Phutrakul and Ljiljana Čortan will discuss the results in an Investor conference call on 2 May 2025 at 9:00 a.m. CET. Members of the investment community can join the conference call at +31 20 708 5074 (NL), or +44 330 551 0202 (UK) (registration required via invitation) and via live audio webcast at www.ing.com.
     
    Investor enquiries
    E: investor.relations@ing.com

    Press enquiries
    T: +31 20 576 5000
    E: media.relations@ing.com

     
    ING Profile
    ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is: empowering people to stay a step ahead in life and in business. ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 100 countries.

    ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

    ING aims to put sustainability at the heart of what we do. Our policies and actions are assessed by independent research and ratings providers, which give updates on them annually. ING’s ESG rating by MSCI was reconfirmed by MSCI as ‘AA’ in August 2024 for the fifth year. As of December 2023, in Sustainalytics’ view, ING’s management of ESG material risk is ‘Strong’. Our current ESG Risk Rating, is 17.2 (Low Risk). ING Group shares are also included in major sustainability and ESG index products of leading providers. Here are some examples: Euronext, STOXX, Morningstar and FTSE Russell.

    Important legal information
    Elements of this press release contain or may contain information about ING Groep N.V. and/ or ING Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/2014 (‘Market Abuse Regulation’).

    ING Group’s annual accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (‘IFRS- EU’). In preparing the financial information in this document, except as described otherwise, the same accounting principles are applied as in the 2024 ING Group consolidated annual accounts. All figures in this document are unaudited. Small differences are possible in the tables due to rounding.

    Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to a number of factors, including, without limitation: (1) changes in general economic conditions and customer behaviour, in particular economic conditions in ING’s core markets, including changes affecting currency exchange rates and the regional and global economic impact of the invasion of Russia into Ukraine and related international response measures (2) changes affecting interest rate levels (3) any default of a major market participant and related market disruption (4) changes in performance of financial markets, including in Europe and developing markets (5) fiscal uncertainty in Europe and the United States (6) discontinuation of or changes in ‘benchmark’ indices (7) inflation and deflation in our principal markets (8) changes in conditions in the credit and capital markets generally, including changes in borrower and counterparty creditworthiness (9) failures of banks falling under the scope of state compensation schemes (10) noncompliance with or changes in laws and regulations, including those concerning financial services, financial economic crimes and tax laws, and the interpretation and application thereof (11) geopolitical risks, political instabilities and policies and actions of governmental and regulatory authorities, including in connection with the invasion of Russia into Ukraine and the related international response measures (12) legal and regulatory risks in certain countries with less developed legal and regulatory frameworks (13) prudential supervision and regulations, including in relation to stress tests and regulatory restrictions on dividends and distributions (also among members of the group) (14) ING’s ability to meet minimum capital and other prudential regulatory requirements (15) changes in regulation of US commodities and derivatives businesses of ING and its customers (16) application of bank recovery and resolution regimes, including write down and conversion powers in relation to our securities (17) outcome of current and future litigation, enforcement proceedings, investigations or other regulatory actions, including claims by customers or stakeholders who feel misled or treated unfairly, and other conduct issues (18) changes in tax laws and regulations and risks of non-compliance or investigation in connection with tax laws, including FATCA (19) operational and IT risks, such as system disruptions or failures, breaches of security, cyber-attacks, human error, changes in operational practices or inadequate controls including in respect of third parties with which we do business and including any risks as a result of incomplete, inaccurate, or otherwise flawed outputs from the algorithms and data sets utilized in artificial intelligence (20) risks and challenges related to cybercrime including the effects of cyberattacks and changes in legislation and regulation related to cybersecurity and data privacy, including such risks and challenges as a consequence of the use of emerging technologies, such as advanced forms of artificial intelligence and quantum computing (21) changes in general competitive factors, including ability to increase or maintain market share (22) inability to protect our intellectual property and infringement claims by third parties (23) inability of counterparties to meet financial obligations or ability to enforce rights against such counterparties (24) changes in credit ratings (25) business, operational, regulatory, reputation, transition and other risks and challenges in connection with climate change, diversity, equity and inclusion and other ESG-related matters, including data gathering and reporting and also including managing the conflicting laws and requirements of governments, regulators and authorities with respect to these topics (26) inability to attract and retain key personnel (27) future liabilities under defined benefit retirement plans (28) failure to manage business risks, including in connection with use of models, use of derivatives, or maintaining appropriate policies and guidelines (29) changes in capital and credit markets, including interbank funding, as well as customer deposits, which provide the liquidity and capital required to fund our operations, and (30) the other risks and uncertainties detailed in the most recent annual report of ING Groep N.V. (including the Risk Factors contained therein) and ING’s more recent disclosures, including press releases, which are available on www.ING.com.

    This document may contain ESG-related material that has been prepared by ING on the basis of publicly available information, internally developed data and other third-party sources believed to be reliable. ING has not sought to independently verify information obtained from public and third-party sources and makes no representations or warranties as to accuracy, completeness, reasonableness or reliability of such information.

    Materiality, as used in the context of ESG, is distinct from, and should not be confused with, such term as defined in the Market Abuse Regulation or as defined for Securities and Exchange Commission (‘SEC’) reporting purposes. Any issues identified as material for purposes of ESG in this document are therefore not necessarily material as defined in the Market Abuse Regulation or for SEC reporting purposes. In addition, there is currently no single, globally recognized set of accepted definitions in assessing whether activities are “green” or “sustainable.” Without limiting any of the statements contained herein, we make no representation or warranty as to whether any of our securities constitutes a green or sustainable security or conforms to present or future investor expectations or objectives for green or sustainable investing. For information on characteristics of a security, use of proceeds, a description of applicable project(s) and/or any other relevant information, please reference the offering documents for such security.

    This document may contain inactive textual addresses to internet websites operated by us and third parties. Reference to such websites is made for information purposes only, and information found at such websites is not incorporated by reference into this document. ING does not make any representation or warranty with respect to the accuracy or completeness of, or take any responsibility for, any information found at any websites operated by third parties. ING specifically disclaims any liability with respect to any information found at websites operated by third parties. ING cannot guarantee that websites operated by third parties remain available following the publication of this document, or that any information found at such websites will not change following the filing of this document. Many of those factors are beyond ING’s control.

    Any forward-looking statements made by or on behalf of ING speak only as of the date they are made, and ING assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.

    This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States or any other jurisdiction.

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    The MIL Network

  • MIL-Evening Report: Unexpected humour and reflections on a complex past: my top 5 films from the 2025 German Film Festival

    Source: The Conversation (Au and NZ) – By Claudia Sandberg, Senior Lecturer, Technology in Culture and Society, The University of Melbourne

    Foreign audiences often associate German cinema with tragedy, trauma and death. Certainly, major historical events such as the second world war and the Fall of the Berlin Wall — cornerstones of German film — are present in this year’s selection at the 2025 German Film Festival.

    Alongside these themes is a variety of contemporary topics, innovative fictional formats and strong documentary work. The increased presence of women in directing and producing roles also brings female experiences sharply into focus.

    Here are my highlights from this year’s programme.

    Riefenstahl (2024)

    Leni Riefenstahl (1902–2003), Hitler’s favourite filmmaker, has been a subject of controversy for decades – explored in documentaries such as The Wonderful Horrible Life of Leni Riefenstahl (1993).

    Now, with access to new material from Riefenstahls’ private archive, director Andres Veiel and journalist Sandra Maischberger cast a fresh eye over this complex figure.

    Using extensive visual materials, they trace Riefenstahl’s journey from dancer to actress, to filmmaker and photographer – capturing everything from her pioneering cinematic techniques to her entanglement with political power and personal vanity. And they are not afraid to confront uncomfortable aspects of her past.

    Her claim to have endured an unwanted romantic pursuit by Nazi minister of propaganda Joseph Goebbels (first made in her 1987 memoir) appears in new light as an older Riefenstahl faces questioning from aggressive TV interviewers. She unflinchingly and fiercely maintains her version of events.

    Is Leni Riefenstahl a creative genius, a political victim, or an ignorant perpetrator? This film invites audiences to grapple with this old question anew — and perhaps come to their own conclusion.

    Montages depict Riefenstahl’s life from youth to old age, culminating in an image of an elderly lady who, even late in life, manipulates camera angles and lighting to ensure a more flattering appearance.

    Two to One (2024)

    Some German films such as Balloon (2018) or The Last Execution (2022) have a tendency to explore East Germans as either victims of oppression, or complicit with the regime of the German Democratic Republic.

    But there are also films that rebel against such simplification – such as Beauty and Decay (2019), Dear Thomas (2021) and Someday We’ll Tell Each Other Everything (2023) – to powerfully present the many dimensions of former East Germany and its people.

    Among them is Two to One, a thoughtful picture by director Nadja Brunckhorst, which fluctuates between thriller, comedy and melodrama. Based on a true story, this film remembers the delirious time between the Fall of the Berlin Wall and Reunification.

    It is July 1990, and just days after the deadline for exchanging East German marks to more valued West German marks at the exchange rate of 2:1. This halved the life savings of many East Germans.

    We follow a Hausgemeinschaft (community of renters) who discover millions of East German mark bills in an underground bunker. They cleverly use the more privileged members of their old and new worlds – sleek Western sales representatives and former East German diplomats – to transform the worthless bills into West mark and buy goods for everyone.

    Two to One stars Ronald Zehrfeld (also in the festival opener Long Story Short), Sandra Hueller and Peter Kurth in top form.

    Dying (2024)

    As a contender in the 2024 Berlin Film Festival (where it won best screenplay), and winner of the 2024 German Film Award, Dying comes highly recommended.

    Versatile German actor Lars Eidinger is cast as Tom, a youth orchestra conductor trying to pull off his best friend’s composition “Dying”. Not only does the performance never please the composer, his private world is also a mess.

    Tom is raising someone else’s child. His father (Hans-Uwe Bauer) suffers dementia. His sister Ellen (Lilith Stangenberg) can’t keep up with the expectations of their estranged parents. And his mother’s (Corinna Harfouch) thinly veiled contempt for her own son is visible in a breathtaking scene involving the seemingly innocent ritual of coffee and cake.

    But despite its weighty subject matter, humour appears in the most unexpected places.

    There is Ellen’s affair with her boss, a dentist, who ends up drunk in a bar — where she pulls one of his teeth. There is also the quietly absurd scene of her ageing parents trying to drive home from the supermarket: one nearly blind, the other unable to remember where they live.

    A film that uses absurdity and tenderness to break through emotional tension with surprising charm, Dying is a must see.

    I Want It All (2025)

    Singer and actress Hildegard Knef would have turned 100 this year.

    Knef was one of the most prominent and daring post-WWII West German female artists. Driven from a young age to become successful, she began her career in the 1946 rubble film, The Murderers Are Among Us.

    In her 2025 documentary I Want It All, director Luzia Schmidt captures Knef in rehearsals, at home, in the recording studio and through press photos. The film is a vivid portrait of an unapologetic woman constantly under scrutiny, as the German public seemed entitled to access every corner of her life.

    Knef comes across as sharp but self-aware. The artist discusses her stage fright and the art of holding an audience’s attention. Her candid remarks about undergoing plastic surgery, as a female artist navigating the ruthless entertainment industry, remain just as relevant today.

    Arguably the greatest assets of the film are the reflective comments from Knef’s daughter, Tinta, who speaks with empathy and kindness about her mother’s ambition and vulnerabilities.

    I Want It All is a treat for anyone who is familiar with Knef, and for those who want to know more about this grand dame of German culture.

    Cicadas (2025)

    An idyllic countryside in summer: a paradise retreat for some, and a prison for others.

    Isabell is the daughter of an architect, who is paralysed by a stroke. His beautifully designed house is in disrepair and no one can pay for it, but Isabell can’t get him to sell it. Meanwhile, Isabell’s marriage to her needy French husband Philippe is strained by a shared trauma.

    Anja, a single mum to young Greta, navigates a fragile existence. In a region with weak infrastructure, she moves between low-paying jobs, barely making ends meet.

    When the two women meet, their bond forms cautiously. Both are shaped by differences in class, age and life experience, yet there is a connection that bridges these divides.

    Carried by compelling performances by Saskia Rosenthal and Nina Hoss (the latter of whom had worked with director Ina Weisse in The Audition (2019)), Cicadas is a quiet drama about vulnerability and loss of control that evolves in the open landscapes of the Brandenburg region.

    Claudia Sandberg 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. Unexpected humour and reflections on a complex past: my top 5 films from the 2025 German Film Festival – https://theconversation.com/unexpected-humour-and-reflections-on-a-complex-past-my-top-5-films-from-the-2025-german-film-festival-254788

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Ricketts Pushes for European Allies to Snapback Sanctions On Iran: “Maximum Leverage”

    US Senate News:

    Source: United States Senator Pete Ricketts (Nebraska)

    WASHINGTON, D.C. – Today, U.S. Senator Pete Ricketts (R-NE), a senior member of the Senate Foreign Relations Committee, again urged the United Kingdom, France, and Germany, otherwise known as the E3, to trigger the snapback of U.S. sanctions on Iran. In February, Ricketts introducedbicameral legislation calling for snapback sanctions. Ricketts made the following comments:

    There’s been a recent United Nations report confirming that Iran now possesses enough 60% enriched uranium to produce six nuclear warheads. This escalates the threat beyond the US and Israel, posing a direct risk to our allies across the Middle East and Europe,” said Ricketts. “This enrichment defies U.N. Security Council Resolution 2231, which originally codified the JCPOA. I applaud President Trump’s decisive move to reimpose maximum pressure on Iran, as well as entering into negotiations with Iran on a nuclear deal. However, the credibility and strength of these talks hinge on the United States entering with room with maximum leverage – entering the room with maximum leverage. That’s why I’ve introduced a resolution, backed by 18 of my colleagues, urging the E3 to trigger the snapback of U.N. sanctions before the October deadline.”

    [embedded content]

    Watch the video HERE

    Ricketts made the comments in a hearing of the Senate Foreign Relations Committee. The hearing considered the nominations of Charles Kushner, to be U.S. Ambassador to France, Leah Campos, to be U.S. Ambassador to the Dominican Republic, Edward Walsh, to be U.S. Ambassador to Ireland, and Joseph Popolo, to be U.S. Ambassador to the Netherlands.

    TRANSCRIPT:

    Senator Ricketts: “First of all, thank you to all of our nominees here for your willingness to serve our great nation.

    “And I want to especially thank your families because they will serve alongside you and make it possible for you to be able to serve our country.

    “So thank you very much to the families who are willing to sacrifice, along with our nominees here.

    “Mr. Kushner, I’m going to start with you because again, we’ve talked about how important the relationship with France is.

    “And you know, there’s been a recent United Nations report confirmed that Iran now possesses enough 60% enriched uranium to produce six nuclear warheads.

    “This escalates the threat beyond the US and Israel, posing a direct risk to our allies across the Middle East and Europe.

    “This enrichment defies UN Security Council Resolution 2231, which originally codified in JCPoA.

    “I applaud President Trump’s decisive move to reimpose maximum pressure on Iran, as well as entering into negotiations with Iran on a nuclear deal.

    “However, the credibility and strength of these talks hinge on the United States entering with room with maximum leverage, entering the room with maximum leverage.

    “That’s why I’ve introduced a resolution, backed by 18 of my colleagues, urging the E3 to trigger the snapback of UN sanctions before the October deadline.

    “The French have supported the snapback of sanctions, but have stated that it’s contingent on reaching a nuclear deal.

    “Mr. Kushner, do you believe that restoring UN sanctions would give President Trump a stronger hand in confronting the Iranian regime?

    Mr. Charles Kushner: “Without a doubt it would.

    “And why the French have not used that snapback to date is a mystery to me, because I would think that they would have used it. I

    “’m not sure if they don’t have the will or the desire or whatever it may be, but I will be pushing that because I think that should be exercised and it expires within months.

    “So the fact that they have that that right and have not used it is a shame.

    “I think we should be standing up and really lobbying very, very hard for them to exercise it.

    “And I think maximum sanctions is there’s very I think President Trump really has this issue and it’s not it’s either going to be negotiated, no nuclear, or it’s going to have to be an alternative of military. 

    “And I think President Trump has made that clear.

    “So I think maximum protection, maximum leverage on the Iranians. I think France and America are totally in total agreement on that.

    Senator Ricketts: “Well, Mr. Kushner, that really heartens me to hear you say that because I agree with you 100%.

    “You know, during the first Trump administration, we saw that because of those sanctions, the Trump administration was able to bring Iranian foreign reserves down from $122.5 billion to under $14 billion. 

    “And that cut off their ability to be able to fund the terrorism that we see around the world and continue to put pressure on the way the Trump administration has is important.

    “You know, my colleague here Mr. McCormick, was talking about the Indo-Pacific, and that has emerged an area of key threat from communist China.

    “And he mentioned he talked a little bit about France’s role there as well.

    “It’s home to 1.6 million French citizens live across its seven overseas territories and over 9,000,000km² of French exclusive economic zone.

    “Recognizing this, France became the first European country to adopt an Indo-Pacific strategy in 2019, and through the strategy, France participated in the freedom of navigation exercises that we’re talking about through the Taiwan Strait. 

    “But, you know, we’ve seen communist China being incredibly aggressive with their illegal, coercive, aggressive and deceptive practices in especially relating to our allies like the Philippines and Taiwan as well. 

    “I authored the Bolster Act to encourage European engagement in support of Taiwan security with one of the largest militaries in Europe and naval forces as well extending their presence to this reason, France could really play a great role. 

    “Can you talk about how can you work with France to get them to better support Taiwan and the relationship there, given its leadership, you know, France’s leadership in the Indo-Pacific?

    Mr. Charles Kushner: “I think France recognizes the same thing that America recognizes, what a what a threat China is to the world.

    “I don’t think there’s daylight between them in terms of assessing what them as their capability and their infiltration and stealing technology and all the other things and devaluing currency and robbing us on trade. 

    “So I think France and America are very aligned.

    “It’s just that France has to step up to be more aggressive, like America is now stepping up to be more aggressive.

    “And I see it as my job as a future ambassador to meet with the officials and apply that pressure, knowing that they should be more in step lock with the American policy.

    “So I’m all for your proposal, and I’m all for supporting it.

    Senator Ricketts: “Great. Well, thank you.

    Mr. Charles Kushner: “Thank you very much for being a cheerleader for it.

    Senator Ricketts: “Right. Great. Well, thank you very much, Mr. Kushner.

    “And again, I hope that once you’re confirmed as ambassador, that you’ll work with whoever is in leadership in France, whether it’s President Macron or somebody else, to remember that even though we certainly respect France as a having their own policies and you know, and wanting to have the independence from the United States that they deserve as a sovereign nation, that we work better together as a team, and that especially when we’re confronting Communist China, this is the single biggest threat that we face internationally.

    “But it’s not just a threat to the United States, it’s a threat to France and all the other freedom-loving countries in the world.

    “Because XI Jinping is a dictator who’s who’s bent on world domination.

    “And you know, for France to go a separate way from the United States would undermine our collective security.

    “So I hope you’ll, you’ll emphasize that when you get there.

    Senator Ricketts: “Thank you.”

    MIL OSI USA News

  • MIL-OSI Economics: US diagnostic imaging market faces tariff-driven supply chain and capital risks, reveals GlobalData

    Source: GlobalData

    US diagnostic imaging market faces tariff-driven supply chain and capital risks, reveals GlobalData

    Posted in Medical Devices

    The US diagnostic imaging (DI) market is facing growing pressure as new US tariffs raise procurement risks and threaten supply chains. With high-value systems like computed tomography (CT) and magnetic resonance imaging (MRI) heavily reliant on global production, hospitals may delay capital spending amid uncertainty. Although domestic manufacturing offers some short-term protection, extended trade tensions could disrupt pricing, planning, and access to critical imaging equipment across the country, says GlobalData, a leading data and analytics company.

    Diagnostic imaging (DI), which is one of the MedTech industry’s most capital-intensive and strategically vital segments, relies on global production networks and long procurement cycles. Even in absence of major pricing shifts, the perceived instability surrounding policy may prompt hospitals to delay purchases or reassess capital planning, making the sector susceptible to long-term impacts.

    GlobalData projects the US diagnostic imaging market to grow from $10.4 billion in 2024 to $15 billion in 2034. While domestic manufacturing may initially protect some vendors from the impact of rising tariffs, they could still face supply chain disruptions, requiring adjustments to manufacturing strategies, pricing structures, and capital expenditure planning if trade tensions continue.

    Among the leading DI companies, GE Healthcare stands out with a comparatively large US production operation. GlobalData’s MedSource supply chain database shows that 21% of GE’s 510(k)-approved DI devices are manufactured exclusively in the US, well ahead of Siemens at 12% and Philips at 9%.

    Ashley Clarke, Senior Medical Analyst at GlobalData, comments: “While a bigger domestic footprint does not make GE immune, it may reduce tariff exposure in the short-term. Devices with US-based final assembly can qualify for origin exemptions, helping maintain competitive pricing if trade volatility continues. GE may have greater pricing flexibility and margin protection, giving it a tactical advantage, but like other companies will still face challenges in raw material and parts procurement and production.”

    High-value systems like CT and MRI systems, which together account for more than 20% of the US DI market, rely heavily on global production networks. According to MedSource, Siemens’ flagship SOMATOM CT systems are primarily built in Germany and China, while GE assembles its units in Wisconsin using international components. MRI systems follow similar trends, with components like coils sourced heavily from overseas.

    Clarke continues: “The procurement planning for 2025 and beyond could face more scrutiny if pricing or access to key components becomes less certain.”

    If trade disruptions extend into next year, both manufacturers and buyers will need to adapt. Vendors with high offshore exposure, particularly those relying on China, India, or EU-based services, may face pressure to localize or diversify production supply chains. With DI systems already representing one of the largest capital expenditures in hospital tech budgets, even modest cost shifts can trigger downstream effects.

    Clarke concludes: “Providers are navigating broader cost pressures on other essential medical supplies, so even if DI equipment costs hold, there is growing incentive to delay high-cost imaging upgrades or replacements. Such delays in imaging infrastructure can limit access to timely diagnostics, raising risks for patient outcomes and placing additional strain on the already overburdened healthcare sector.”

    MIL OSI Economics

  • MIL-OSI Economics: US tariffs could seriously disrupt $6.1 billion EU exports of packaging and food processing machinery, says GlobalData

    Source: GlobalData

    US tariffs could seriously disrupt $6.1 billion EU exports of packaging and food processing machinery, says GlobalData

    Posted in Consumer

    On 2 April 2025, the US administration announced tariffs on all imports, which included a notable 20% tariff on exports from the European Union (EU) to the US. This decision followed the imposition of 25% tariffs on all aluminum and steel imports into the US on 12 March 2025. These policies will significantly alter growth opportunities within food processing and packaging machinery companies supplying the US market. This is because of changes in the packaging formats used to package goods in the US and changes in where automation opportunities reside, says GlobalData, a leading data and analytics company.

    GlobalData’s recent report “Industry Insights: The impact of tariffs on consumer packaged goods” reveals which CPG-relevant sectors are most affected by tariffs within specific trade relationships and how companies within these sectors will be affected. It also provides insights into consumer reactions to changes in the market caused by the imposition of tariffs.

    Rory Gopsill, Senior Consumer Analyst at GlobalData, comments: “US tariffs have the potential to alter the demand for certain types of machinery within the US beverages market. Given the significant dependence of the US on aluminum imports to meet domestic needs, a 25% tariff on steel and aluminum imports is expected to increase the cost of beverage cans.

    “Consequently, soft drink manufacturers may consider transitioning to plastic bottles as a response to the heightened costs associated with metal packaging, a possibility acknowledged by Coca-Cola’s chief executive during a call with investors in February following the tariff announcement. This could result in an increased demand for the blow moulding machines used to produce plastic bottles.”

    In 2024, 126.2 billion soft drinks sold in the US were packaged in plastic bottles, and 60.5 billion were packaged in metal cans, according to GlobalData’s Primary Packaging and Outers database. These numbers are 60.0% and 28.8% of the US soft drinks market, respectively. The US tariffs could restrict the growth of rigid metal cans and promote the growth of rigid plastic bottles. This in turn could have knock-on effects for the machinery in the production of these packaging types.

    EU processing machinery manufacturers will be hurt by US tariffs

    Many of the largest manufacturers of packaging and food processing machinery are European. Krones, GEA, and Syntegon are all German companies, while Sacmi, Coesia, IMA, and PFM Group are all Italian companies. This strong ecosystem enabled the EU to export $3.4 billion worth of washing and bottling machines, $1.6 billion worth of industrial food preparation machinery, and $1.1 billion worth of industrial printers to the US in 2023, according to The Observatory of Economic Complexity. Germany alone accounted for 24% of the US’ industrial food preparation machinery imports in 2023, according to the same source. A 20% tariff on these EU exports to the US represents a serious problem for EU machinery manufacturers.

    Gopsill continues: “Other elements of the US’ current policy agenda could also create disruptions in the US packaging and food processing machinery market. The Trump administration is also pursuing a budget reconciliation bill aimed at securing between $90 billion and $175 billion in additional funding for immigration and border enforcement agencies before the end of the year. This funding would enhance the government’s capacity to conduct business raids and detain and deport undocumented immigrants.

    “Such actions could lead to labor shortages in various industries that heavily depend on packaging and food processing machinery. For instance, according to the American Immigration Council, approximately 23% of the workforce in the US meatpacking industry consists of undocumented immigrants, while this figure was around 62% in the seafood processing sector in 2017 (according to the New American Economy).  Furthermore, according to the American Immigration Council, about 5.5% of employees in transportation and warehousing are also undocumented immigrants.

    Gopsill concludes: “If a crackdown on immigrant labor creates workforce vacancies that companies are unable to fill, food processing and packaging machinery companies may be required to accelerate their innovation programs to supply the market with more automated packaging solutions.”

    MIL OSI Economics