Category: Germany

  • MIL-OSI: StepStone Evergreen Funds Added to Bergos Private Markets Platform

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, April 09, 2025 (GLOBE NEWSWIRE) — StepStone Group Inc. (Nasdaq: STEP), a leading global private markets solutions provider, announced today that several of its private market evergreen funds are now accessible through Bergos AG, which manages CHF7.3 billion in assets on behalf of clients.

    StepStone funds now available at Bergos AG are:

    • StepStone Private Venture and Growth Fund (“SPRING Lux”) is a broadly diversified venture and growth strategy fund leveraging an open architecture approach, selecting managers across the innovation economy. As of February 28, 2025, SPRING Lux has $341.7M in AUM and has delivered a 59.92% total net return since inception in November of 2022.
    • StepStone Private Infrastructure Fund (“STRUCTURE Lux”) seeks to provide current income and long-term capital appreciation by offering investors access to a global investment portfolio of private infrastructure assets. As of February 28, 2025, STRUCTURE Lux has $79.9M in AUM and has delivered a 24.91% total net return since inception in September of 2023.
    • StepStone Private Credit Fund (“SCRED Lux”) offers a permanent private debt co-investment solution deploying various credit-related strategies across market cycles to generate both current income and long-term capital appreciation. As of January 30, 2025, SCRED Lux has $43.6M in AUM, leveraging a ‘multi-lender’ approach since inception in June of 2024.
    • StepStone Private Credit Europe ELTIF (“SCRED Europe”) is structured to offer investors access to a broadly diversified, European-focused private credit strategy, with a primary focus on senior secured direct lending. The fund has successfully launched with over €250 million in seed capital, backed by a robust pipeline of opportunities.

    “Investors have embraced our approach to accessing the private markets through StepStone’s evergreen platform, and we are excited to deliver this access to Bergos’ clients,” said Neil Menard, Partner and President of Distribution at StepStone. “Bergos aligns with our mission of providing investors access to institutional-quality private market investments around the globe, and we are proud to partner with an institution whose values reflect our own.”

    Earlier this year, StepStone launched SCRED Europe, a private credit fund available to EU-domiciled professional and retail investors1. SPRING Lux and STRUCTURE Lux were also recently converted from reserved alternative investment funds (RAIFs) to UCI Part II compliant structures, allowing professional investors and semi-professional investors greater access to the private markets, including private equity, infrastructure, and real estate.

    1 As defined under Directive 2014/65/EU. SCRED Europe is only available to professional and retail investors in those EEA Member States into which the manager of the fund has registered it for marketing. Further detail on the fund’s registration status is available from the manager on request. This press release is not and should not be understood to be an offer of securities in any fund mentioned herein.

    About StepStone

    StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of December 31, 2024, StepStone was responsible for approximately $698 billion of total capital, including $179 billion of assets under management. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

    About Bergos

    Bergos AG is an independent Swiss Private Bank focusing on private wealth management. Bergos emerged in 2021 with a new shareholder base from its former mother company, the Berenberg Group founded in 1590, and has been serving international private clients and entrepreneurs in the Swiss financial center for over thirty years. Its headquarters are in Zurich with an office in Geneva. The Swiss Private Bank is dedicated to “Human Private Banking” and specializes in wealth management and advisory services. With more than 130 employees, the focus is on providing expert guidance in all known liquid asset classes, as well as in private markets and alternative investments. Following a “beyond money” approach, we also offer expertise in art collecting and philanthropy. For entrepreneurial clients, Bergos offers access to M&A and other corporate finance services. Bergos AG offers private clients, entrepreneurs and their families a holistic, cross-generational service that focuses on security, neutrality, internationality and openness to the world.

    BERGOS’ SERVICES ARE NOT MARKETED, SOLICITED OR OFFERED TO ANY PERSON RESIDENT OR ORGANISED INSIDE THE JURISDICTION OF UNITED STATES OF AMERICA AT ANY TIME. THEREFORE, BERGOS DOES NOT MARKET, SOLICIT OR OFFER STEPSTONE EVERGREEN FUNDS IN THE UNITED STATES OR TO US PERSONS.

    THIS DOCUMENT IS A MARKETING COMMUNICATION. PLEASE REFER TO THE OFFERING MEMORANDUM OF SPRING LUX, STRUCTURE LUX, SCRED LUX AND SCRED EUROPE (COLLECTIVELY, THE “FUNDS”) BEFORE MAKING ANY FINAL INVESTMENT DECISIONS.

    PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. ACTUAL PERFORMANCE MAY VARY.

    This document is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, or as an offer to provide advisory or other services by StepStone Group Private Wealth LLC (“SPW”), StepStone Group LP (“StepStone”), StepStone Group Europe Alternative Investments Limited (“SGEAIL”) or their subsidiaries or affiliates (collectively, the “Managers”) in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this document should not be construed as legal, financial or investment advice on any subject matter. The Managers expressly disclaim all liability in respect to actions taken based on any or all of the information in this document.

    Before investing you should carefully consider the Funds’ investment objectives, risks, charges and expenses. This and other information are explained in the relevant Offering Memorandum for each Fund, a copy of which may be obtained from SGEAIL upon request.

    Information contained herein is subject to change and amendment. An indication of interest in response to this advertisement will involve no obligation or commitment of any kind.

    Prospective investors should inform themselves and obtain appropriate advice as to any applicable legal or regulatory requirements and any applicable taxation and exchange control regulations in the countries of their citizenship, residence or domicile which might be relevant to the suitability, subscription, purchase, holding, exchange, redemption or disposal of any investments.

    An investment involves a number of risks and there are conflicts of interest. Please refer to the risks outlined in detail in the relevant Offering Memorandum for each Fund.

    Marketing in the European Union

    The Funds are alternative investment funds (“AIFs”) for the purpose of Alternative Investment Fund Managers Directive (“AIFMD”). SGEAIL is the alternative investment fund manager (“AIFM”) of the Funds.

    The Funds that do not qualify as ELTIFs can be marketed to Professional Investors in the EEA in accordance with the requirements set out in Article 32 of AIFMD.

    Marketing of the Funds outside the EEA or in the EEA to investors other than Professional Investors (where relevant) must comply with applicable national private placement regimes. Those investors are required to inform themselves of any applicable local requirements or restrictions before investing in the Funds and to assess the impact of any risks they may be exposed to when investing in the Funds.

    Notice to all European Economic Area (EEA) residents

    In the EEA, this document is disseminated by SGEAIL.

    The Funds may only be offered or placed in an EEA Member State: (1) to Professional Investors to the extent that they have been registered for marketing in the relevant EEA Member State in accordance with Article 32 AIFMD (as amended and as implemented into the local law/regulation of the relevant EEA Member State); (2) to non-professional investors who meet the requirements of any national law/regulation which permits them to invest in AIFs, as specifically identified below; or (3) as they may otherwise be lawfully offered or placed in that EEA Member State, including at the exclusive initiative of an investor where permitted in accordance with the AIFMD.

    A list of the EEA Member States in which the Funds are registered for marketing under Article 32 AIFMD is available from the Managers upon request.

    Notice to investors in Austria

    Certain of the Funds have been notified to the Austrian Financial Market Authority (FMA) for marketing to professional investors (Professionelle Anleger) within the meaning of § 2 para 1 no 33 of the Austrian Alternative Investment Funds Act (Alternative Investmentfonds Manager-Gesetz; AIFMG) in accordance with Article 32 AIFMD and § 31 AIFMG. In the Republic of Austria, the relevant Funds may only be offered or placed and any offering or marketing materials related thereto may only be distributed to investors who are either (a) professional investors (Professionelle Anleger) as defined in § 2 para 1 no 33 AIFMG or where relevant (b) qualified retail investors (Qualifizierte Privatkunden) as defined in § 2 para 1 no 42 AIFMG. Distribution of the relevant Funds and any offering or marketing materials related thereto to retail investors (Privatkunden) as defined in § 2 para 1 no 36 AIFMG in the Republic of Austria is not permitted. Subscriptions by retail investors (Privatkunden) will therefore not be accepted. None of the Managers or the relevant Funds are subject to supervision by the FMA or any other Austrian authority. Neither the relevant Offering Memorandum, nor the relevant key information document (KID) have been reviewed by the FMA or any other Austrian authority.

    Notice to professional and semi-professional investors in Germany

    Certain of the Funds have been notified to the German Financial Services Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, or BAFIN) in accordance with Section 323 of the German investment code (Kapitalanlagegesetzbuch – KAGB).

    The relevant Funds may only be marketed and offered to professional and, where relevant to semi-professional investors in the Federal Republic of Germany, as defined in Section 1 (19) nos. 32 and 33 of the KAGB. The relevant Funds have not been admitted for marketing to retail investors within the meaning of Section 1 (19) no. 31 of the KAGB in Germany. Accordingly, the relevant Funds may not be offered and marketed to retail investors in Germany. This disclosure, the relevant Offering Memorandum and any other document relating to the relevant Funds, as well as information or statements contained therein, may not be supplied to retail investors in Germany or any other means of public marketing. Any resale of the relevant Funds in Germany may only be made to professional and semi-professional investors in Germany and in accordance with the provisions of the KAGB and any other applicable laws in Germany governing the sale and offering of the relevant Funds.

    Notice to investors in Italy

    Certain of the Funds have been passported with the Commissione Nazionale per le Società e la Borsa (CONSOB) for the marketing in Italy vis-à-vis professional investors in accordance with Article 32 AIFMD, article 43 of the Italian Legislative Decree of 24th February 1998, no. 58 (testo unico della finanza, the “TUF”) and relevant local implementing regulations in Italy. The relevant Funds may be distributed exclusively to the following categories of investors: (i) “professional investors” as defined in the AIFMD; or where relevant (ii) “non-professional investors” who: (1) invest at least EUR 500,000 in the relevant Fund; or (2) invest at least EUR 100,000 in the relevant Fund, and in the case of the latter, either: (a) the investment is made by a licensed portfolio manager on behalf of the non-professional investor; or (b) the investment is made by the non-professional investor in the context of the provision of investment advice, and is subject to the requirement that the entirety of any investments by that same non-professional investor in EU AIFs does not exceed ten percent (10%) of his or her financial portfolio as a result of a subscription or investment in the relevant Fund.

    Notice to investors in Switzerland

    The offer and the marketing of the Funds in Switzerland will be exclusively made to, and directed at, qualified investors (the “Qualified Investors”), as defined in Article 10(3) and (3ter) of the Swiss Collective Investment Schemes Act (“CISA”) and its implementing ordinance, at the exclusion of qualified investors with an opting-out pursuant to Article 5(1) of the Swiss Federal Law on Financial Services (“FinSA”) and without any portfolio management or advisory relationship with a financial intermediary pursuant to Article 10(3ter) CISA (“Excluded Qualified Investors”). Accordingly, the Funds have not been and will not be registered with the Swiss Financial Market Supervisory Authority (“FINMA”) and no representative or paying agent have been or will be appointed in Switzerland. This document and/or any other offering or marketing materials relating to The Funds may be made available in Switzerland solely to Qualified Investors, at the exclusion of Excluded Qualified Investors. The legal documents of the Funds may be obtained free of charge from the Managers.

    Notice to investors in the United Kingdom

    The Funds are alternative investment funds for the purpose of the Alternative Investment Fund Managers Regulations, 2013, as amended by the Alternative Investment Managers (Amendment, etc.) (EU Exit) Regulations 2019 (“UK AIFM Regulations”). SGEAIL is the alternative investment fund manager (“AIFM”) of the Funds. 

    The Funds have been registered for marketing under Regulation 59(1) of the UK AIFM Regulations. On that basis, the Funds may be marketed in the United Kingdom to UK persons who qualify as Professional Investors.

    Contacts

    Shareholder Relations:
    Seth Weiss
    shareholders@stepstonegroup.com
    +1 (212) 351-6106

    Media:
    Brian Ruby / Chris Gillick / Matt Lettiero, ICR
    StepStonePR@icrinc.com
    +1 (203) 682-8268

    The MIL Network

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

    Source: China State Council Information Office

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

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

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

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

    Global turbulence 

    Major markets across the globe witnessed a turbulent day.

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

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

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

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

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

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

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

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

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

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

    Fear and fury 

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

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

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

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

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

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

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

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

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

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

    Doom and gloom 

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

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

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

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

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

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

    MIL OSI China News

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for April 9, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on April 9, 2025.

    Chinese-Australian voters were key to Labor’s win in 2022. Are some now swinging back to the Liberals?
    Source: The Conversation (Au and NZ) – By Wanning Sun, Professor of Media and Cultural Studies, University of Technology Sydney Chinese-Australian voters were pivotal to Labor’s win in the 2022 election, with the swing against the Liberals in several key marginal seats almost twice that of other seats. Many traditionally pro-business Liberal supporters switched sides

    The ‘monogamy superiority myth’: new research suggests unconventional relationships are just as satisfying
    Source: The Conversation (Au and NZ) – By Joel Anderson, Associate Professor in LGBTIQA+ Psychology, La Trobe University Pixel-Shot/Shutterstock From The Bachelor to Married at First Sight, reality TV sells us the idea that one perfect partner will complete us. The formula is familiar: find “the one,” lock it down and live happily ever after.

    ‘Germany is back’: 3 ways NZ can benefit from Europe’s renewed centre of power
    Source: The Conversation (Au and NZ) – By Mathew Doidge, Senior Research Fellow, National Centre for Research on Europe, University of Canterbury Getty Images It’s unlikely many New Zealanders paid close attention to Foreign Minister Winston Peters’ statement late last year that “New Zealand and Germany are committed to enhancing their partnership”. Peters had been

    Bringing manufacturing back from overseas isn’t an easy solution to Trump’s trade war
    Source: The Conversation (Au and NZ) – By Susan Stone, Credit Union SA Chair of Economics, University of South Australia Shutterstock The past week has seen the United States single-handedly rewrite the underlying paradigm for global trade. And while it is fair to say that the methods are extreme, the underlying goal of the policy

    How to build a cinematic universe: the secret to Marvel’s enormous success among a history of failures
    Source: The Conversation (Au and NZ) – By Vincent Tran, Academic Tutor at Swinburne University of Technology, Swinburne University of Technology Since Iron Man hit the big screen in 2008, the Marvel Cinematic Universe (MCU) has made more than US$30 billion, from films to series, to merchandise and comics. As scholars and the press have

    ChatGPT just passed the Turing test. But that doesn’t mean AI is now as smart as humans
    Source: The Conversation (Au and NZ) – By Zena Assaad, Senior Lecturer, School of Engineering, Australian National University Hanna Barakat & Cambridge Diversity Fund/Better Images of AI, CC BY-SA There have been several headlines over the past week about an AI chatbot officially passing the Turing test. These news reports are based on a recent

    A grab bag of campaign housing policies. But will they fix the affordability crisis beyond the election?
    Source: The Conversation (Au and NZ) – By Michelle Cull, Associate professor, Western Sydney University Secure and affordable housing is a fundamental human right for all Australians. Therefore, it is unsurprising the election campaign is being played out against a backdrop of heightened voter anxiety about rental stress and housing affordability. A growing number of

    These complementary therapies may soon be eligible for private health insurance rebates
    Source: The Conversation (Au and NZ) – By Jon Wardle, Professor of Public Health, Southern Cross University Rui Dias/Pexels Private health insurers may soon be able to offer rebates for seven complementary therapies previously prohibited. This includes some movement therapies – Pilates, yoga, tai chi and Alexander technique, which teaches body awareness and posture –

    Winston Peters at 80: the populist’s populist clocks up 50 years of political comebacks
    Source: The Conversation (Au and NZ) – By Grant Duncan, Teaching Fellow in Politics and International Relations, University of Auckland, Waipapa Taumata Rau Getty Images Winston Peters turns a venerable 80 on April 11, but he showed no sign of retiring as New Zealand’s archetypal populist during his recent state of the nation speech. He

    Cities that want to attract business might want to focus less on financial incentives and more on making people feel safe
    Source: The Conversation (Au and NZ) – By Kaitlyn DeGhetto, Associate Professor of Management, University of Dayton To attract business investment, American cities and states offer companies billions of dollars in incentives, such as tax credits. As the theory goes, when governments create a business-friendly environment, it encourages investment, leading to job creation and economic

    Election Diary: The election’s first debate was disaster-free but passion-free too
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra The election’s first debate, on Sky News on Tuesday night, was disappointingly dull. Viewers who’d been following the campaign would have learned little. There was minimal spontaneity. Among the 100 undecided voters in the room, 44 said Anthony Albanese won,

    Reality check: coral restoration won’t save the world’s reefs
    Source: The Conversation (Au and NZ) – By Corey J. A. Bradshaw, Matthew Flinders Professor of Global Ecology and Node Leader in the ARC Centre of Excellence for Indigenous and Environmental Histories and Futures, Flinders University A coral ‘rope’ nursery in the Maldives Luca Saponari/University of Milan, CC BY-ND Coral reefs are much more than

    No major gaffes and no knockout punch: the first leaders’ debate was a pedestrian affair
    Source: The Conversation (Au and NZ) – By Andy Marks, Vice-President, Public Affairs and Partnerships, Western Sydney University Prime Minister Anthony Albanese and Opposition Leader Peter Dutton have faced off in the first leaders’ debate of the 2025 federal election. The debate, hosted by Sky News and The Daily Telegraph, was held at the Wenty

    Politics aside, new research shows there are good financial reasons to back working from home
    Source: The Conversation (Au and NZ) – By Dorina Pojani, Associate Professor in Urban Planning, The University of Queensland Fizkes/Shutterstock In the pre-industrial era, people often lived and worked in the same building. This removed the need to travel to work. The separation of home and work occurred much later, during the Industrial Revolution. Factories

    Labor’s $1 billion for mental health is good news for young people in particular – but leaves some gaps
    Source: The Conversation (Au and NZ) – By Sebastian Rosenberg, Associate Professor, Health Research Institute, University of Canberra, and Brain and Mind Centre, University of Sydney mooremedia/Shutterstock The Labor government has announced it would invest A$1 billion in mental health if re-elected to provide more Australians – particularly young people – with “free, public mental

    We’re hardwired to laugh – this is why watching comedians try to be the ‘Last One Laughing’ is so funny
    Source: The Conversation (Au and NZ) – By Fergus Edwards, Lecturer in English, University of Tasmania Amazon MGM Studios Last One Laughing is a battle royale for stand-ups. Ten comedians, one room, surrounded by cameras. Laugh once and they’re warned. Laugh again, and they’re out. Last comic left wins. It is an international TV phenomenon,

    Here’s a simple, science-backed way to sharpen your thinking and improve your memory
    Source: The Conversation (Au and NZ) – By Ben Singh, Research Fellow, Allied Health & Human Performance, University of South Australia Centre for Ageing Better/Unsplash Many of us turn to Sudoku, Wordle or brain-training apps to sharpen our minds. But research is increasingly showing one of the best ways to boost memory, focus and brain

    If Australia switched to EVs, we’d be more reliant on China’s car factories – but wean ourselves off foreign oil
    Source: The Conversation (Au and NZ) – By Hussein Dia, Professor of Future Urban Mobility, Swinburne University of Technology Prapat Aowsakorn/Shutterstock Australia has huge reserves of coal and gas – but very little oil. Before the 20th century, this didn’t matter – trains ran on local coal. But as cars and trucks have come to

    ER Report: A Roundup of Significant Articles on EveningReport.nz for April 8, 2025
    ER Report: Here is a summary of significant articles published on EveningReport.nz on April 8, 2025.

    MIL OSI AnalysisEveningReport.nz

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

    Source: China State Council Information Office

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

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

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

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

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

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

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

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

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

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

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

    MIL OSI China News

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

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

    Getty Images

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

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

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

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

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

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

    Easing the ‘debt brake’

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

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

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

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

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

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

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

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

    Pacific re-engagement

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

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

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

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

    Climate resilience

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

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

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

    The rules-based order

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

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

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

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

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

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

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Bitex Wealth Rises to Top 3 Auto-Trading Platforms Among German Crypto Users

    Source: GlobeNewswire (MIL-OSI)

    London, UK, April 08, 2025 (GLOBE NEWSWIRE) — In a market saturated with promises but short on performance, one platform is quickly becoming the talk of Germany’s crypto scene. Bitex Wealth, a leading AI-powered trading platform, has officially ranked among the Top 3 auto-trading solutions used by German investors, according to data compiled by multiple FinTech analytics sources in Q1 2025.

    With its cutting-edge automation tools, instant withdrawal capability, and client-focused features, Bitex Wealth is being recognized not only for its technology, but also for its results. German users have responded in record numbers, with thousands of traders — from beginners to professionals — citing Bitex Wealth as their go-to platform for daily passive profits and seamless crypto investing.

    The platform’s dramatic rise has also led to a surge in Bitex Wealth Bewertungen across the German crypto community, reflecting a broad wave of trust and satisfaction from active users.

    Proven Performance for the German Market

    Germany has long been seen as a cautious, regulation-oriented investment market. Yet Bitex Wealth has defied expectations by building massive traction among German crypto investors. The company’s success lies in its balance between innovation and control — offering institutional-grade automation without compromising user flexibility or security.

    The company’s AI engine now executes over 70,000 trades per day, powered by real-time market scanning, predictive analysis, and adaptive learning based on user preferences. Whether users are trading BTC, ETH, or altcoin pairs, the system ensures that every trade is data-driven, risk-adjusted, and optimized for the best entry and exit.

    More importantly, the system is fully automated, enabling users to generate consistent profits without spending hours studying charts or tracking news cycles. According to recent Bitex Wealth Bewertungen, most German users activate the system within minutes and start seeing daily returns within the first week.

    What German Users Are Saying

    Bitex Wealth’s rise in Germany is not a marketing success — it’s a performance story. The platform’s rapid growth is backed by a wave of satisfied users who are eager to share how it has changed the way they invest.

    Here are three verified testimonials from German clients:

    Lena B. – Hamburg, Germany
    “I joined Bitex Wealth in January after reading positive Bitex Wealth Bewertungen. I was skeptical at first, but after 45 days, my portfolio had grown by 64%. I don’t need to babysit the market anymore — the AI does it better than I ever could.”

    Jonas H. – Berlin, Germany
    “I’ve used several platforms before, but Bitex Wealth is the first one that actually delivered consistent results. Withdrawals are instant, the interface is clean, and I get daily updates on my performance. German efficiency in crypto form!”

    Monika F. – Frankfurt, Germany
    “As someone who works full-time, I never had time for active trading. Bitex Wealth’s auto-trading changed everything. I make money while I sleep, and the platform is fully compliant and easy to use. Best decision I’ve made in 2025.”

    These sentiments are echoed in hundreds of Bitex Wealth Bewertungen shared across social media, forums, and financial news sites — with many users highlighting profitability, simplicity, and trust as the platform’s core strengths.

    Instant Withdrawals and Total Transparency

    One of Bitex Wealth’s standout features — and a reason it ranked so highly among German users — is its instant withdrawal infrastructure. Unlike traditional platforms that impose long waiting periods or minimum limits, Bitex Wealth allows users to withdraw profits instantly, 24/7, with no delays or hidden fees.

    Users can transfer their funds in crypto or fiat, directly to their wallet or bank account, with real-time transaction tracking and full reporting available inside the dashboard. This level of liquidity has earned praise in numerous Bitex Wealth Bewertungen, especially among German clients used to stringent banking protocols.

    Additionally, the platform provides transparent reporting, including:

    • Real-time trade logs
    • Weekly and monthly PnL summaries
    • Risk exposure dashboards
    • Full tax export functions compatible with German regulations

    AI Trading Without the Guesswork

    The success of Bitex Wealth in Germany is deeply connected to its streamlined user experience. Unlike overly complex exchanges or bot frameworks, Bitex Wealth is designed so that anyone can trade like a pro, without writing code, tweaking strategies, or understanding technical indicators.

    Features include:

    • One-click activation of AI trading
    • Customizable risk modes (Low, Medium, High)
    • Access to live performance statistics
    • Multi-asset trading (BTC, ETH, XRP, USDT, and more)
    • Mobile and desktop accessibility

    The AI adapts automatically to market volatility and adjusts position size and entry points dynamically. According to current Bitex Wealth Bewertungen, users across all experience levels report stable and growing portfolios, even during turbulent market phases.

    Designed for Security and Compliance

    Security is a critical concern for German users — and Bitex Wealth has built its infrastructure accordingly. The platform uses:

    Two-factor authentication (2FA) 

    • Cold wallet storage for client funds
    • GDPR-compliant data processing
    • Encrypted trade logs and secure user dashboards
    • Partnered AML/KYC providers approved in the EU
    • This focus on compliance and transparency further boosts the platform’s credibility, making it an attractive solution for both casual investors and high-net-worth individuals.

    Bitex Wealth Is Just Getting Started

    As 2025 unfolds, Bitex Wealth continues to gain momentum — not just in Germany, but across the EU. Its entry into the Top 3 auto-trading platforms for German crypto users marks a pivotal moment in the evolution of retail investing.

    With its powerful AI engine, real-time payouts, proven profitability, and unmatched user satisfaction reflected in countless Bitex Wealth Bewertungen, Bitex Wealth isn’t just another trading platform — it’s setting a new standard for what crypto trading should look like.

    The MIL Network

  • MIL-OSI Europe: Cities across Europe plan to bolster climate action and social infrastructure, EIB survey shows

    Source: European Investment Bank

    • Most EU cities plan to invest more to fight global warming and expand public housing, schools and hospitals, new EIB survey shows.
    • Of the EU municipalities surveyed, 56% report planning higher spending on cutting greenhouse gas emissions, and 53% on social infrastructure over next three years.
    • Cities across Europe increasingly want to tap new sources of financing for development, on top of conventional national and EU grants.

    Most cities in Europe plan to spend more on fighting climate change and increasing public housing, schools and hospitals, according to the new European Investment Bank (EIB) Municipalities Survey 2025. The survey shows that 56% of EU municipalities aim to increase investments to cut greenhouse gas emissions, and 53% intend to boost budgets for social infrastructure over the coming three years.

    The EIB published a report on the survey today, to coincide with a conference in Brussels by the European Committee of the Regions to discuss urban investment needs in Europe and support the EU policy agenda for cities.

    The survey sample includes 1 002 EU municipalities whose populations range in size from a few thousand to hundreds of thousands, for a total sample population of around 26 million (about 6% of the population of all 27 Member States). Every Member State is represented, with municipalities surveyed per country ranging from 131 in Germany and 107 in Italy, to five each in Cyprus and Luxembourg. Like the 2022 wave of the survey, the 2025 wave contains no country capitals, but does include some island and non-European territories. Municipalities’ responses were anonymised.

    While national and EU grants remain the main sources of infrastructure funding for municipalities, more than half of them (61%) are interested in exploring other financing options, according to the survey report. This could, for example, include turning grants into guarantees that would then be used to attract higher levels of funding from institutions like banks.

    “In a time of growing challenges, we must ensure that every euro invested delivers maximum impact,” EIB Vice-President Ioannis Tsakiris said. “This means leveraging innovative financing solutions to support municipalities in accelerating climate action and other key priorities. The EIB remains committed to working alongside European cities to develop and implement the tools they need to build a more sustainable and resilient future.”

    The EIB Municipalities Survey 2025 provides a broad and detailed picture of development plans by municipal authorities, which account for about 54% of public investments in the European Union. In the area of climate action, this figure is about 60%.

    In addition to finding that most EU cities plan to invest more in cutting emissions, the latest survey shows that around half also aim for greater spending on measures to adapt to climate change, including protection against threats like floods and fires.

    “Municipalities across Europe are showing strong commitments to the green transition,” said EIB Chief Economist Debora Revoltella. “Turning these commitments into tangible results will require continued political and policy support at all levels.”

    A persistent challenge for many EU cities is the shortage of experts needed to perform environmental assessments and of engineers to carry out projects, according to the 2025 wave of the survey. Up to 30% of municipalities reported a lack of technical expertise in these areas.

    The EIB is helping meet this challenge by providing technical, financial and strategic expertise to cities. EIB engineers and economists appraise every project financed by the Bank. This expertise is also available in the form of advisory support for project promoters, national, regional or local authorities and financial intermediaries.

    Background information  

    EIB 

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, high-impact investments outside the European Union, and the capital markets union.  

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.  

    All projects financed by the EIB Group are in line with the Paris Climate Agreement, as pledged in our Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.  

    Fostering market integration and mobilising investment, the Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024 and mobilised €110 billion in growth capital for startups, scale-ups and European pioneers. Approximately half of the EIB’s financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.

    High-quality, up-to-date photos of our headquarters for media use are available here.

    European Committee of the Regions

    The European Committee of the Regions is the EU’s assembly of regional and local representatives from all 27 Member States. Created in 1994 following the signing of the Maastricht Treaty, its mission is to involve regional and local authorities in the EU’s decision-making process and to inform them about EU policies. The European Parliament, the Council and the European Commission consult the Committee in policy areas affecting regions and cities. To sit on the European Committee of the Regions, all of its 329 members and 329 alternates must either hold an electoral mandate or be politically accountable to an elected assembly in their home regions and cities.

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Protection status of the wolf – P-001343/2025

    Source: European Parliament

    Priority question for written answer  P-001343/2025/rev.1
    to the Commission
    Rule 144
    Jutta Paulus (Verts/ALE)

    The Commission proposed in December 2023 to change the protection status of the wolf under the Bern Convention[1] and the EU Habitats Directive[2], based on an analysis[3] of its situation in the EU.

    This analysis manipulates scientific results for political purposes. It cites a 2023 study[4], stating: ‘There is a positive relationship between wolf distribution and the number of killed sheep at a European scale’. However, the study concludes the opposite, with data from Germany showing ‘a relationship between the number of wolf units and damages diminished over time’, suggesting adaptation by livestock owners and authorities, e.g. increased prevention. With wolf populations establishing in more regions, the relationship between wolves and damage incidents becomes more complex. A likely interpretation is that wolf presence leads to ‘more widespread adoption of protective measures’, reducing wolf-caused damage over time, or at least modulating the relationship.

    • 1.How does the Commission justify basing its proposal on an analysis that misrepresents scientific findings, as seen in this instance?
    • 2.Given the study suggests wolf damages decrease over time due to better protective measures, why has the Commission selectively highlighted only a correlation between wolf presence and livestock losses?
    • 3.How can the Commission credibly criticise political interference in science while engaging in the same practice, manipulating scientific conclusions for policy decisions, much like US President Donald Trump?

    Submitted: 2.4.2025

    • [1] Council of Europe Convention on the Conservation of European Wildlife and Natural Habitats (Bern Convention), 1979.
    • [2] Council Directive 92/43/EEC of 21 May 1992 on the conservation of natural habitats and of wild fauna and flora, OJ L 206, 22.7.1992, p. 7, ELI: http://data.europa.eu/eli/dir/1992/43/2013-07-01.
    • [3] European Commission: Directorate-General for Environment, N2K Group EEIG, Blanco, J. C. and Sundseth, K., The situation of the wolf (canis lupus ) in the European union – An in-depth analysis, Publications Office of the European Union, 2023, https://data.europa.eu/doi/10.2779/187513.
    • [4] Singer, L., Wietlisbach, X., Hickisch, R., Schoell, E.M., Leuenberger, C. et al., ‘The spatial distribution and temporal trends of livestock damages caused by wolves in Europe’, Biological Conservation, Vol. 282, June 2023, 110039, https://doi.org/10.1016/j.biocon.2023.110039.
    Last updated: 8 April 2025

    MIL OSI Europe News

  • MIL-OSI Economics: Samsung Announces Latest SmartThings Update

    Source: Samsung

    Samsung Electronics today announced an update to its global connected living platform, SmartThings — further enhancing the AI Home experience. SmartThings introduces new features and improvements each quarter to deliver a more convenient and seamlessly connected lifestyle for users.
     
    The highlight of this update is the integration of SmartThings with Samsung Health, designed to improve users’ sleep environments while enabling more personalized automation experiences. The update also expands Calm Onboarding to support a wider range of devices and adds compatibility with the Matter 1.4 standard.
     
    “SmartThings’ latest update represents our ongoing efforts to make the smart home more intuitive, connected and personalized,” said Jaeyeon Jung, Executive Vice President and Head of SmartThings at Samsung Electronics. “We’re excited to continue pushing the boundaries of smart home innovation by empowering users though enhanced personalization and automation, including sleep wellness.”
     
    Samsung Newsroom outlines some of the key changes below.
     
    ▲ (Left) A sleep environment summary card displayed in Galaxy Now Briefing, (Right) a detailed sleep environment report
     
    ▲ (Left) The automation routine setup screen with Samsung TV Plus actions, (Right) a broadcasting feature using SmartThings linked speakers
    * The UI in the above image may differ from the actual app screen or may be subject to change.
     
     
    Smarter Sleep Environments With Samsung Health Integration
    Sleep environment reports1 from Samsung Health on Galaxy devices help users create optimal conditions for rest by providing detailed insights into key factors — such as temperature, humidity, carbon dioxide levels and light intensity — through connected devices and sensors. These reports summarize the previous night’s sleep conditions and offer personalized suggestions for improvement.
     
    When paired with a Galaxy Watch or Galaxy Ring, the latest update enables SmartThings to automatically adjust the environment based on the user’s actual sleep and wake times.2 For example, routines can be set to turn off lights and the TV at bedtime or to open curtains and play music in the morning.
     

    Greater Flexibility With SmartThings Routines
    With the latest update, SmartThings now supports automation routines based on recurring schedules — weekly, monthly or annual — offering added flexibility for a variety of scenarios. For instance, users can automatically change the color of smart lights to celebrate special occasions like family birthdays.
     
    In addition, SmartThings routines now integrate with Samsung TV Plus on 2025 Samsung TV models. This allows users to include entertainment preferences in their smart home routines — whether it’s setting the TV to turn on the news in the morning or switching to a favorite channel at a preset time to ensure they don’t miss a show.
     
     
    Broadcasting via SmartThings-Connected Speakers
    A new broadcasting feature allows users to send voice messages across SmartThings-connected speakers, making in-home communication more convenient. For example, if a parent is away and sends a voice message through the SmartThings app — “I’ll be home soon, but have a snack from the fridge if you’re hungry” — it will automatically play on the designated home speaker. With real-time message delivery, families can stay connected no matter where they are.
     

    Expanding Calm Onboarding to More Devices
    Samsung has offered the Calm Onboarding3 feature since late 2023, streamlining setup for Samsung home appliances purchased through Samsung.com or official Samsung stores by linking the entire product journey — from order and delivery to connection with the SmartThings app.
     
    In the latest SmartThings update, Samsung is expanding Calm Onboarding beyond its own products to include compatible third-party smart home devices for a more seamless and intuitive connectivity experience. Users who purchase SmartThings-compatible smart home devices directly from Samsung.com will now receive purchase and delivery updates within the SmartThings app. Additionally, users will receive step-by-step onboarding instructions to simplify product setup. The rollout will begin in Korea, with plans to expand to other countries.4
     

    Matter 1.4 Support
    SmartThings continues to advance the IoT landscape by expanding its support for Matter 1.4. The latest version of the standard includes a wide range of energy management devices — such as water heater, heat pump, solar power device, battery storage device, mounted on/off control switch and mounted dimmable load control device. These newly supported device categories build on existing popular device types like lights, thermostats, switches, air conditioners, air purifiers, fans, door locks and more.
     
    By integrating AI-powered routines, broadening device compatibility and adopting the latest Matter standard, SmartThings reinforces its ongoing commitment to innovation — making the connected home more intelligent, energy-efficient and seamless for users and their families.
     
     
    1 The Sleep environment report feature is available on Samsung Galaxy smartphones running One UI 7.0 or later and Samsung Health version 6.29 or later. Availability may expand in the future. For more information on compatible devices that can measure sleep environments, refer to the Sleep condition report under the “How to Use” section in the SmartThings app.2 Setting routines based on sleep conditions may not be supported in certain countries. This feature is available on Samsung Galaxy smartphones with One UI 7.0 or Samsung Health version 6.29 or later, with plans for future expansion. A connected device capable of detecting sleep and wakefulness — such as Galaxy Watch4/5/6/7, Galaxy Watch Ultra, Galaxy Fit3 and Galaxy Ring — is required. For more information, refer to the “Accessories” section in the sleep tab of the Samsung Health app.3 As of April 2025, the Calm Onboarding feature for Samsung products is available in 14 countries including Korea, the United States, Australia, Brazil, France, Germany, Italy and the United Kingdom. Further expansion is planned throughout the year.4 This support is planned for countries where the IoT Marketplace, which sells SmartThings compatible smart home devices on Samsung.com, is available. It will be first applied in Korea and gradually expanded to other countries.

    MIL OSI Economics

  • MIL-OSI Global: Why Nato is struggling to rebuild itself in an increasingly threatening world

    Source: The Conversation – UK – By Amelia Hadfield, Head of Department of Politics, University of Surrey

    In the years after Nato was formed in 1949, its US and European members had a collective approach to defence with clear goals in common, largely built around the protection of western Europe against the Soviet Union. Throughout this era, the US and Europe both relied on the stability of the international system by creating international cooperation on shared dilemmas.

    Fast forward more than 70 years, and there is now a ticking clock on reinventing the transatlantic alliance.

    European security and US-led Nato security are no longer one and the same. Certainly, recent statements from US leaders that the US will prioritise empowering Europe to own responsibility for its own security has made for tough listening in Europe.

    For some, this may be an overdue opportunity to fundamentally rework the transatlantic security relationship. For others, such statements are worryingly set against the backdrop of Trump’s pro-Russia stance, with Trump’s demands sounding sinister at best.

    Nato secretary-general Mark Rutte recently outlined a need to “build a stronger, a fairer and more lethal NATO”. Global threats were creating a more dangerous world, he argued.

    Mark Rutte, Nato’s secretary-general, speaks at a 2025 meeting in Brussels,

    From its establishment by 12 states on April 4, 1949, until the end of the cold war era, Nato was focused on one big thing: deterring Soviet aggression. Ultimately, Nato had one job, one enemy, one threat, one theatre and one instrument of power.

    It was a partnership that enabled the US to build and maintain a more permanent role in European security. This collective security plan prevented the US from falling back into isolationist foreign policies that it had held before the second world war

    Arguably, US attitudes fluctuated throughout this era. Initially the country sought a temporary role in Nato, with limited military commitment. It also encouraged western European Nato members to take early and primary responsibility for defence.

    However, the huge Soviet nuclear threat hardened US attitudes. And Nato came to be seen as key to the US’s overall ability to prevent a Soviet invasion of western Europe. Equally important was the role of the Marshall Plan, a massive post-war reconstruction plan for Europe, which (in conjunction with Nato) represented the US’s desire to work with European partners to both stabilise the region, and ensure democracy.

    Through the decades that followed, the US saw Nato as a cornerstone of its foreign policy. It is important to remember that transactionality has always been an integral part of the transatlantic relationship, but it was never at the expense of the values that underpinned it, and indeed reinforced both US national and European regional interests in doing so.

    Throughout the 1990s, and well into the 2000s, Nato clearly represented the US’s preferred method of maintaining its military presence in Europe (including US bases, weapons and troops stationed in member countries). The US drove the redefinition of post-cold war Nato, to include former Warsaw Pact countries including Poland, Hungary and the Czech Republic.




    Read more:
    US and Russia squabble over Arctic security as melting ice opens up shipping routes


    The question now is whether US leadership in Nato was focused so extensively on security of Europe and pushing back against the Soviets that for a long time the dilemma of who paid for what was essentially set aside.

    Long overdue problems?

    But two wake-up calls were to come. The first was the increasingly clear indications from US administrations from Barack Obama’s presidency onwards that the US was ill at ease with Nato as a whole, and it was unhappy with the lower financial commitment, than the US, coming from European members.

    The second was in 2014, when Russia annexed Crimea. Unfortunately, the first warning sign by Obama was largely ignored; and when Russia invaded Crimea, Nato did not step up to push back against Putin’s expansionism.

    Now, Nato finds itself once again in the crosshairs of US anger about funding, and with Trump furious at European defence spending levels, and determined to massively revise the transatlantic bargain.

    Trump’s first administration put spending from European Nato members firmly on the table. His recent position is merely a continuation of that theme.

    From the European perspective, the US was, and is, a key part of the collective security structure that has empowered European defence and deterrence, but possibly with an out-of-date funding model.

    Trump, meanwhile, appears to see the US’s involvement as politically naïve. He seems to view Nato as strategically futile and defence spending imbalances as an indication that Nato is nothing more than a giant security racket.

    What is stark is the reversal between the US having helped found Nato and as the leading nation backing of a rule-bound global system under international law and Trump’s preference to reject any responsibilities for global leadership and stability.

    What has come as a shock to European members is not perhaps the demands regarding improving defence funding, but the abdication of US leadership and the threat to leave Nato completely, with no ongoing US responsibility to defend the world order.

    The onus is now on European Nato members to make both serious and swift changes. Indications of far more serious financial commitments, including from Germany, are emerging. European defence spending overall increased by 11.7% over the last year to roughly €423.3 billion (£371 billion), representing ten years of consecutive regional growth.

    Next steps include focusing on AI-led technologies, cheap drones, digital tech and improved commitments to joint projects.

    But the hardest task is also the most urgent. Namely, to avoid the chaos of a unilateral US withdrawal from Nato.

    There’s a need to move the financial and military burden to Europe in a way agreeable to the US before the Nato summit in June. Discussions on how to achieve this need to cover everything from nuclear deterrence to challenges arising from the conflict in Ukraine.

    Whether Rutte and European states can indeed preserve and maintain the collective security foundations on which Nato was first built remains to be seen. But, certainly, the current world situation is no less dangerous that the world in which Nato itself was first built.

    Amelia Hadfield 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. Why Nato is struggling to rebuild itself in an increasingly threatening world – https://theconversation.com/why-nato-is-struggling-to-rebuild-itself-in-an-increasingly-threatening-world-253494

    MIL OSI – Global Reports

  • MIL-OSI: Siili Solutions Plc: Resolutions of the Annual General Meeting and Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc: Resolutions of the Annual General Meeting and Board of Directors

    Siili Solutions Plc Stock Exchange Release 8 April 2025 at 4:30 pm EEST 

    Siili Solutions Plc’s Annual General Meeting of shareholders was held today 8 April 2025 at 2 p.m. EEST at the address Töölönahdenkatu 2, Helsinki Finland in event venue Eliel, Sanomatalo.

    Adoption of the financial statements and discharge of liability 
    The Annual General Meeting adopted the financial statements for the year 2024 including the consolidated staements and discharged the members of the board of directors and the CEO from liability.

    Dividend
    The General Meeting resolved that, based on the adopted balance sheet for the financial period 2024, a dividend of EUR 0.18 per share will be paid from the Company’s distributable funds, i.e., approximately EUR 1.46 million in total, and that the rest of the distributable funds be retained in equity.

    The dividend will be paid to shareholders who on the dividend record date 10 April 2025 are registered in the Company’s shareholders’ register held by Euroclear Finland Oy. In accordance with the proposal, the dividend will be paid on 17 April 2025.

    Remuneration report 
    The General Meeting adopted the remuneration report of the governing bodies.

    Board composition, remuneration of the board of directors, auditor and remuneration of the auditor
    It was confirmed that the number of members of the Board of Directors to be elected is five (5). The General Meeting resolved, according to the proposal of the Shareholders’ Nomination Board, to re-elect the current members of the Board of Directors Harry Brade, Jesse Maula, Henna Mäkinen and Katarina Cantell. Sebastian Nyström was elected as new member to the Board of Directors.

    In accordance with the Shareholders’ Nomination Board, the General Meeting resolved to keep the Board remuneration unchanged and as follows: The Chair of the Board is paid EUR 3,850 per month, the Deputy Chair EUR 2,500 per month and the Chair of the Audit Committee EUR 2,500 per month and other members EUR 2,000 per month. The Chairs of the Board of Directors’ Committees are paid EUR 200 per month for their work on the Committee, in addition to which all Committee members are paid a meeting fee of EUR 300 per meeting. In addition, the members of the Board of Directors receive compensation for travel expenses in line with the Company’s travel policy.

    Audit firm KPMG Oy Ab was re-elected as the Company’s auditor and assurer of Company’s sustainability reporting for the following term of office. APA, ASA Leenakaisa Winberg will continue as the responsible auditor and Sustainability auditor.

    In accordance with the proposal of the Audit Committee, the General Meeting resolved that the auditor and sustainability assurer of the Company be paid remuneration in accordance with the auditor’s reasonable invoice.

    Board authorizations
    The General Meeting authorised the Board of Directors to resolve on the repurchase and/or acceptance as pledge of the Company’s own shares under the following terms:
    Using the Company’s unrestricted equity, a maximum of 814,000 shares may be repurchased and/or accepted as pledge in one or more tranches, which corresponds to approximately 10% of all shares in the Company.

    The shares will be repurchased in trading on Nasdaq Helsinki Oy’s regulated market at a price formed in public trading on the date of repurchase. The Company’s own shares shall be repurchased to be used for carrying out acquisitions or implementing other arrangements related to the Company’s business, for optimising the Company’s capital structure, for implementing the Company’s incentive scheme or otherwise to be transferred further or cancelled.

    Own shares can be repurchased otherwise than in proportion to the shareholdings of the shareholders (directed repurchase). The share purchase will decrease the Company’s distributable unrestricted equity. The Board of Directors resolves on all other terms and conditions for the repurchase and/or acceptance as pledge of the Company’s own shares.

    The authorisation remains in force until the end of the next Annual General Meeting, however no later than until 30 June 2026. The authorisation revokes earlier unused authorisations to resolve on the repurchase and/or acceptance as pledge of the Company’s own shares.

    Further, the General Meeting authorized the Board of Directors to resolve on the issuance of shares and the issuance of special rights entitling to shares within the meaning of chapter 10, section 1 of the Finnish Limited Liability Companies Act in one or more tranches either against consideration or free of consideration. 

    The number of shares to be issued, including shares received on the basis of the special rights shall not exceed a maximum of 814,000 shares, which corresponds to approximately 10% of all shares in the Company. The Board of Directors may resolve either to issue new shares or to transfer treasury shares held by the Company. The total maximum number of shares to be issued for the purpose of share-based incentive schemes is 162,800 shares, which corresponds to approximately 2.0% of all the shares in the Company. The maximum number of shares intended for the incentive schemes is included in the maximum number of the issuance authorisation referred to above.

    The authorisation entitles the Board of Directors to resolve on all terms of the share issue and the issuance of special rights entitling to shares, including the right to deviate from the shareholders’ pre-emptive subscription right (directed issue). The authorisation may be used to strengthen the Company’s balance sheet and financial position, to pay purchase prices for acquisitions, in share-based incentive schemes or for other purposes resolved by the Board of Directors.

    The authorisation remains in force until the end of the next Annual General Meeting, however no later than until 30 June 2026. The authorisation revokes earlier authorisations concerning share issues and the issuance other special rights entitling to shares.

    Constitutive meeting of the Board of Directors
    In its constitutive meeting held after the General Meeting, the Board of Directors elected Harry Brade as its Chair and Jesse Maula as its Vice Chair.

    The Board of Directors also appointed the members to its committees. Henna Mäkinen, Jesse Maula, Katarina Cantell and Sebastian Nyström were elected to the Audit Committee. Henna Mäkinen was elected as the Chair of the Audit Committee. Harry Brade, Katarina Cantell and Jesse Maula were elected as the members of the HR committee. Harry Brade was elected as the Chair of the HR Committee.

    All members eleccted to the Board of Directors are considered independent of the Company. All members of the Board of Directors, apart from Harry Brade, are considered independent of the significant shareholders of the Company. Harry Brade is the CEO of the Company’s significant shareholder Lamy Oy.

    SIILI SOLUTIONS PLC

    BOARD OF DIRECTORS

    Further information:
    Taru Kovanen, General Counsel
    Phone: +358 (0)40 4176 221
    Email: taru.kovanen(at)siili.com

    Distribution:

    Nasdaq Helsinki Ltd
    Main media
    www.siili.com

    Siili Solutions in brief: 
    Siili Solutions Plc is a forerunner in AI-powered digital development. Siili is the go-to partner for clients seeking growth, efficiency and competitive advantage through digital transformation. Our main markets are Finland, the Netherlands, the United Kingdom, and Germany. Siili Solutions Plc’s shares are listed on the Nasdaq Helsinki Stock Exchange. Siili has grown profitably since its founding in 2005. www.siili.com/en

    The MIL Network

  • MIL-OSI Global: The ‘courage to be’ in uncertain times − how one 20th-century philosopher defined bravery

    Source: The Conversation – USA – By Mordechai Gordon, Professor of Education, Quinnipiac University

    Over the past few weeks, as negotiations for a ceasefire in Ukraine drag on, I’ve thought back to Feb. 28, 2025: the day of Volodymyr Zelenskyy’s heated visit to the Oval Office.

    Zelenskyy has called the tone of the meeting “regrettable” as he tries to salvage support for Ukraine. But in some ways, he has stood by his decision to speak up as President Donald Trump and Vice President JD Vance berated his country, calling it ungrateful for foreign assistance. “In that conversation, I was defending the dignity of Ukraine,” he told Time magazine.

    Watching Zelenskyy left me thinking about political courage. Philosophers have written about bravery for thousands of years, but what is it?

    Plato, for instance, wrote about courage as an important virtue that can assist political leaders. Plato scholar Linda Rabieh argues that courage is the ability to be steadfast in the moment of truth. Angela Hobbs, a British scholar, says that courage might be called “spiritedness”: the ability to act boldly in adverse situations.

    Some of my own recent research in philosophy of education has also focused on courage. In particular, I have been interested in Paul Tillich’s notion of the “courage to be,” as well as its implications for politics and education. Tillich was a German philosopher and theologian who left the country after the Nazis rose to power.

    Tillich Park in New Harmony, Ind., dedicated to the philosopher and theologian.
    christina rutz/Flickr, CC BY-SA

    More than a mindset

    Born in a village in eastern Germany in 1886, Tillich lived in a Europe ravaged by two world wars. As such, he experienced firsthand the fundamental anxiety that many felt during this period of prolonged violence and destruction.

    In the early 1930s, Tillich wrote “The Socialist Decision,” which can be interpreted as a challenge to right-wing populist movements. The Nazis banned the book, and he soon immigrated to the United States, where he would spend the rest of his life and write his most important philosophical and theological works.

    Tillich’s book “The Courage to Be,” published in 1952, is based on a series of lectures that he delivered at Yale University. Tillich was inspired to address courage, since he viewed this concept as one that integrates theological, sociological and philosophical problems. Moreover, Tillich suggests that this concept was useful for understanding societies’ challenges after World War II.

    Tillich moved to the U.S. in the 1930s, after the Nazis’ rise to power.
    Fritz Eschen/ullstein bild via Getty Images

    At its core, the book springs from an attempt to respond to anxiety: people’s anxious search for meaning and security, especially as many people lost faith in the religious traditions that once anchored their sense of purpose and reality. There is courage, Tillich writes, in affirming oneself despite that sense of emptiness, and despite the knowledge that our lives are short and uncertain.

    Tillich defines “the courage to be” as “the ethical act in which man affirms his own being in spite of those elements of his existence which conflict with his essential self-affirmation.” In other words, it is not simply an attitude or disposition. The courage to be is a deed – the ability to stay true to oneself.

    When it comes to ethics or politics, Tillich’s idea of courage entails the ability to sacrifice things such as pleasure, happiness and, in the most extreme cases, one’s life for some higher cause. Such acts of courage are praiseworthy because they suggest that the most ethically essential parts – the noble aspects – of our being are prevailing over the less essential.

    In spite of, a part of

    What Tillich calls “courage to be” consists of two indivisible parts or aspects.

    The first is what he refers to as “the courage to be in spite of”: courageously choosing to affirm one’s essential being, one’s core values, despite tough and even daunting forces of resistance.

    Martin Luther King Jr.’s struggle for civil rights during the 1960s provides a good example of this aspect of the courage to be. Documentary evidence indicates that the FBI tried to destroy his reputation with blackmail and wiretaps, not to mention the close to 30 times he was jailed.

    Martin Luther King Jr., kneeling on left, leads marchers singing and praying during a protest against segregated housing policies in Chicago in August 1966.
    AP Photo/File

    The second aspect Tillich describes in his book is “the courage to be as a part,” to partake in something larger than oneself. Tillich writes that “the self is self only because it has a world, a structured universe, to which it belongs.” The courage to be as a part could mean participating in a political movement, a religious community, a worker strike, or any other initiative that involves people coming together for a common purpose.

    For Tillich, these types of courage should not be considered separate qualities but two interrelated aspects of the courage to be.

    At Zelenskyy’s meeting in the Oval Office, I believe we witnessed a leader embodying both senses of the courage to be. As a president, Zelenskyy stood up for the right of his country to defend itself in the face of Russia’s assault. He remained steadfast in spite of efforts by Trump and Vance to pressure him to accept an agreement that would not have provided security guarantees for Ukraine.

    Yet it seemed to me the plainspoken, animated Zelenskyy also displayed Tillich’s notion of the courage to be as a part. He acted not only as an individual, or a politician, but as a Ukrainian trying to defend his country from an invader − a cause that has inspired protests around the globe.

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

    ref. The ‘courage to be’ in uncertain times − how one 20th-century philosopher defined bravery – https://theconversation.com/the-courage-to-be-in-uncertain-times-how-one-20th-century-philosopher-defined-bravery-250576

    MIL OSI – Global Reports

  • MIL-OSI: Enphase Energy Expands in Europe with IQ Battery 5P with FlexPhase, Delivering Three-Phase Backup Power in Luxembourg

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., April 08, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of its most powerful and versatile battery yet, the IQ® Battery 5P with FlexPhase, for customers in Luxembourg. The IQ Battery 5P with FlexPhase is an all-in-one AC-coupled system that is designed to deliver reliable backup power and supports three-phase electrical system applications, which is the predominant configuration for homes in Luxembourg. Enphase recently launched the FlexPhase battery in Germany, Austria, Switzerland.

    The IQ Battery 5P starts at 5 kWh of capacity and multiple units can be configured to provide up to 70 kWh. Each 5 kWh battery is designed to deliver continuous power of up to 3.84 kW in single-phase configuration and 1.28 kW per phase in three-phase configuration. The new batteries can be configured to meet the needs of each homeowner, offering grid-tied support or backup power. The batteries are designed to discharge up to two times the maximum continuous power for three seconds, enabling the start-up of high-power devices without the grid when paired with the IQ® System Controller 3 INT. The IQ Battery 5P with FlexPhase comes with an industry-leading 15-year warranty in Luxembourg.

    “Many Luxembourg homeowners appreciate flexible backup power solutions, and the IQ Battery 5P with FlexPhase delivers exactly that,” said Cristian Hotescu, CEO of ENR LUX, an installer of Enphase products in Luxembourg. “The scalable capacity and support for three-phase systems make it the perfect fit for our customer base with diverse home energy needs.”

    “Backup power solutions that are not only reliable but also adaptable to their unique energy needs are popular among many Luxembourg homeowners,” said Amine M’ghari, CEO of Bauer Energie, an installer of Enphase products in Luxembourg. “Whether for self-consumption, grid support, or full backup power, the IQ Battery 5P delivers outstanding performance, backed by Enphase’s reputation for quality and reliability.”

    “Enphase has once again set the bar high with the IQ Battery 5P with FlexPhase,” said Michelangelo Di Lorenzo, CEO of Ecosphere Home, an installer of Enphase products in Luxembourg. “The ability to scale from 5 kWh to 70 kWh while supporting three-phase configurations makes it one of the most versatile storage solutions on the market. Many of our customers appreciate this level of customization, especially given the increasing focus on energy resilience.”

    “The continued expansion of the IQ Battery 5P with FlexPhase in Europe is a major step forward for Enphase,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “Luxembourg is an important and growing market for solar and batteries, with most homes built on three-phase power. Our FlexPhase technology delivers a solution that not only adapts seamlessly to both single-phase and three-phase systems, but also offers powerful backup and enhanced self-consumption — all in one streamlined product. This is about giving homeowners and installers more flexibility, more resilience, and more value, without compromise.”

    For more information about the IQ Battery 5P with FlexPhase in Luxembourg, please visit the Enphase website.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power — and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 80.0 million microinverters, and approximately 4.7 million Enphase-based systems have been deployed in more than 160 countries. For more information, visit https://enphase.com/.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability; and statements regarding the timing and availability Enphase Energy’s products in Luxembourg. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network

  • MIL-OSI Economics: GlobalData forecasts uveitis market across 7MM to reach $1.5 billion

    Source: GlobalData

    GlobalData forecasts uveitis market across 7MM to reach $1.5 billion

    Posted in Pharma

    The uveitis market in the seven major markets (7MM: the US, France, Germany, Italy, Spain, the UK, and Japan) is set to grow from $522.5 billion in 2023 to $1.5 billion in 2033, driven by the entry of therapies with new mechanisms of action and route of administration into the market, as well as the growth of the uveitis population, forecasts GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Uveitis: Opportunity Assessment and Forecast,” reveals that the growth will be supported by the anticipated launch of six novel pipeline agents, two of which are projected to launch across the 7MM, coupled with the growing uveitis population throughout the forecast period.

    Sara Reci, MSc, Managing Pharma Analyst at GlobalData, comments: “While the use of corticosteroids are well-established in the uveitis space, their side effects profile makes them fall short. The key opinion leaders (KOLs) interviewed by GlobalData emphasized that the most pressing unmet needs in the management of uveitis included improving the safety and side-effect profile, longer acting therapies, drugs with other mechanisms of action, and greater awareness and education of physicians.”

    Looking ahead, the late-stage pipeline products that are anticipated to reach the uveitis market during the forecast period will introduce new mechanisms of action.

    These include Tarsier Pharma’s TRS-01, an angiotensin-converting enzyme 2 activator, neuropilin-1 antagonist, and toll like receptor family inhibitor administered as eye drops; Priovant Therapeutics’ PF-06700841-15 (brepocitinib tosylate), a non receptor tyrosine protein kinase TYK2 inhibitor and tyrosine protein kinase JAK1 inhibitor administered orally; Eli Lilly’s Olumiant (baricitinib), a tyrosine protein kinase JAK1 inhibitor, tyrosine protein kinase JAK2 inhibitor, administered orally; Kiora Pharmaceuticals’ KIO-104, a dihydroorotate dehydrogenase quinone mitochondrial inhibitor, administered intravitreally; and Roche’s EBI-031 (vamikibart), an IL-6 inhibitor administered intravitreally.

    Furthermore, Oculis Holding’s OCS-02 (licaminlimab), a TNF inhibitor in late-stage pipeline development, introduces the first monoclonal antibody with an ophthalmic route of administration into the uveitis space.

    Reci continues: “All in all, these late-stage pipeline candidates are of great benefit within the uveitis space, especially in the cases of patients who do not respond well to existing treatment options.”

    While the uveitis market is projected to grow in the forecast period across the 7MM, it may face some challenges. KOLs have noted that despite the side effects associated with corticosteroids, they have a proven track record in being effective and quick-acting.

    Reci concludes: “Pipeline agents will face difficulty in proving that their efficacy matches that of corticosteroids. Furthermore, an anticipated high cost of therapy associated with pipeline agents may impact the drugs’ shares of the market once they reach the uveitis market. Nonetheless, the launch of late-stage pipeline therapies with new mechanisms of action, routes of administration, and longer treatment intervals will undoubtedly be a driving force for market growth in the uveitis space.”

    MIL OSI Economics

  • MIL-OSI USA: With peak fire season on horizon, California launches statewide wildfire preparedness campaign

    Source: US State of California 2

    Apr 7, 2025

    What you need to know: CAL FIRE is launching a new campaign supporting Californians to take steps now – including home hardening and defensible space – to prepare for peak fire season.

    SACRAMENTO – “Prepare your home and property! Start at the house and work your way out.” Millions of Californians will soon see that message as the state launches a new wildfire preparedness campaign to support preparation efforts for fire season.

    As California heads into peak wildfire season, CAL FIRE is urging residents across the state to take proactive steps now to protect their homes and communities. Today’s campaign launch follows Governor Newsom’s action last month proclaiming a state of emergency to fast-track critical projects protecting communities from wildfire, ahead of peak fire season. 

    2025 has already seen an unprecedented start to the year with January’s Eaton and Palisades fires in Los Angeles. These fires rank as the second and third most destructive in California’s history, underpinning the importance of acting now to prepare one’s family, property, and community for wildfire.

    The Los Angeles fires are a stark reminder of the year-round threat wildfire poses for our communities. As we head into peak fire season, we’re ramping up efforts to communicate with those in areas where preparedness measures like home hardening and defensible space can save lives. Now is the time to prepare your home and property.

    Governor Gavin Newsom

    This year’s campaign emphasizes two essential strategies in wildfire preparedness: home hardening and defensible space. Now through late May residents across the state will see digital and social media advertising, posters and materials at hardware and convenience stores, and messaging at gas pumps and other popular locations in Wildland Urban Interface communities. Outreach will be delivered in both English and Spanish to reach as many Californians as possible.

    Creating a five foot buffer zone of defensible space, known as Zone 0, and taking steps to harden your home has been scientifically proven to be the most effective way to increase the likelihood of your home surviving a wildfire.

    Governor Newsom has invested unprecedented resources into wildfire response and prevention, including nearly doubling CAL FIRE’s budget to $4 billion and investing 10x the amount than when the Governor took office for forest and land management. The state has also created the world’s largest aerial firefighting fleet, increased the use of prescribed burns, and implemented new technologies including AI and satellite technology to fight fires.

    Key tips to prepare for wildfire 

    Home hardening:

    • Install or upgrade to fire-resistant materials on roofs, vents, siding, windows, and decks.
    • Clear debris from roofs, gutters, vents, and under decks.
    • Seal all cracks and openings larger than 1/8 inch to prevent embers from entering the home.

    Defensible space:

    • Maintain a 5-foot ember-resistant zone immediately around the home—no flammable vegetation or materials.
    • Maintain 100 feet of defensible space, including trimming trees, cutting grasses, and removing dead vegetation.
    • Store combustible items (firewood, propane tanks, vehicles) at least 30 feet away from structures.

    To make preparation easier, CAL FIRE offers the firePLANNER tool at ReadyForWildfire.org, where residents can:

    • Create a custom wildfire readiness plan.
    • Access checklists, safety tips, and alerts.
    • Stay informed with real-time wildfire and evacuation updates.

    Now is the time to act. Start at the house and work your way out. Learn more at ReadyForWildfire.org

    Press Releases, Recent News

    Recent news

    News What you need to know: As National Library Week begins, California is suing the Trump administration after millions of dollars in grants to the state’s libraries were terminated abruptly when the federal administration illegally dismantled a federal agency….

    News Family farmers share how these cuts will harm their businesses and communities What you need to know: Governor Newsom sent a letter of appeal today to the Department of Agriculture asking for a reversal of the termination of $47 million meant to support…

    News California Just a Nevada-Sized Economy Away from Overtaking Germany and Japan as World’s No. 3 Economy— Bloomberg News SACRAMENTO — As President Trump threatens the U.S. economy with reckless tariffs and rising uncertainty, Governor Gavin Newsom announced new…

    MIL OSI USA News

  • MIL-OSI USA: California sues Trump administration after funding for critical library services threatened

    Source: US State of California 2

    Apr 7, 2025

    What you need to know: As National Library Week begins, California is suing the Trump administration after millions of dollars in grants to the state’s libraries were terminated abruptly when the federal administration illegally dismantled a federal agency.

    Sacramento, California – As National Library Week begins, Governor Gavin Newsom and Attorney General Rob Bonta announced a lawsuit against the Trump administration after millions of dollars in grants to state libraries were terminated abruptly through the Trump administration’s efforts to illegally shutter the agency that administers them. This threatens federal funding to California libraries that support library staff and critical library programs, including literacy and language tutoring and summer reading and activity programs.

    In California, we know libraries hold more than books. Libraries, and librarians, stand at the crossroads of opportunity and information, offering countless programs and supports for everyone in the community, from career help to free meals for children. An attack on libraries is an attack on communities – and California is fighting back.

    Governor Gavin Newsom

    “Our libraries are hubs for learning, civic engagement, and community. They provide important services to Californians, from kids summer reading and meal programs, to programs that help families, seniors, and veterans navigate an increasingly digital world,” said Attorney General Rob Bonta. “On Friday, we sued the Trump Administration for unlawfully attempting to shutter the Institute of Museum and Library Services—a federal agency that supports libraries across the nation. This National Library Week, we recognize the essential role that libraries play in our communities and to preserve our rich cultural heritage, and vow to continue the fight to ensure that all Californians can access the public services libraries provide our communities every day.”

    Executive Order No. 14238 continues the Trump administration’s unlawful attack on several Congressionally-established agencies, including the Institute of Museum and Library Services (IMLS), which supports educational and cultural institutions and programs across the country. Through IMLS’s Grants to States Program, the California State Library received $15.7 million in federal funding to support statewide library programs and staffing – less than 40 cents per Californian. Over 21 percent of that funding has yet to be sent to California. 

    IMLS funds support numerous programs that serve all Californians – especially lower-income families, seniors, and veterans. These funds also help expand access to the Career Online High School program that enables adults to earn their high school diplomas through local libraries, and the Braille and Talking Book Library that ensures that visually impaired Californians have free access to books in accessible formats. If the Order stands, all functions and staff positions paid for with IMLS funding will be at risk. 

    Attorney General Bonta joined the lawsuit alongside the attorneys general of New York, Rhode Island, Hawaii, Arizona, Colorado, Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New Mexico, Oregon, Vermont, Washington, and Wisconsin. 

    This is California’s 12th lawsuit against the Trump administration. A copy of the lawsuit is available here.

    More on California’s State Library

    With IMLS funding, the State Library works with the 1,127 libraries across the state to provide high-quality literacy and summer programs, high-speed broadband, disaster preparedness, early learning, homework help, teen services, career resources, and collections. It supports transparency, providing free and open access to government information through the Federal and State Depository Library Programs. The State Library also maintains and expands the Braille and Talking Book Library, providing audio and braille books, magazines, and descriptive videos to blind and print disabled Californians. 

    Press Releases, Recent News

    Recent news

    News Family farmers share how these cuts will harm their businesses and communities What you need to know: Governor Newsom sent a letter of appeal today to the Department of Agriculture asking for a reversal of the termination of $47 million meant to support…

    News California Just a Nevada-Sized Economy Away from Overtaking Germany and Japan as World’s No. 3 Economy— Bloomberg News SACRAMENTO — As President Trump threatens the U.S. economy with reckless tariffs and rising uncertainty, Governor Gavin Newsom announced new…

    News “California is not Washington, D.C.” What you need to know:As President Trump’s tariffs take effect, Governor Gavin Newsom is pursuing new strategic partnerships with international trading partners while calling for California-made products to be excluded from…

    MIL OSI USA News

  • MIL-OSI United Nations: We must get disability-inclusive disaster risk reduction right — here are 5 ways to deliver results

    Source: UNISDR Disaster Risk Reduction

    We’ve done well in raising the profile of disability-inclusive disaster risk reduction — now it’s time to deliver results on the ground.

    As Sendai implementation picks up pace, I suggest five areas that could offer lasting wins for persons with disabilities – a group that comprises 15% of the global population.

    In early April 2025, I had the privilege of attending the Global Disability Summit in Berlin, which was hosted by the Governments of Germany and Jordan. Held at Station Berlin, at historic Potsdamer Platz, the event brought together more than 4,000 participants from across the world to explore how we can put persons with disability at the heart of every aspect of human life, to ensure that they are fully included in our collective flourishing.

    The atmosphere was truly inspiring, charged with hope, optimism and a palpable “can do” attitude. The phrase, “nothing about us, without us” rang out clearly as a powerful, heartfelt dictum. I was particularly glad to see disaster risk reduction (DRR) featuring prominently at the Summit.

    While the global, national, and local discourse on the topic has come a long way, specific on-the-ground actions still need to catch up. As one speaker said during the Opening Ceremony, we need to cultivate a sense of “radical curiosity about the experiences of persons with disability.”

    We’ve seen in several recent disasters that mortality and morbidity rates among persons with disability have been several times higher than the general populace – a reminder of the urgent work ahead. In the remaining five years of the Sendai Framework, if we pursue the following five strands with urgency, we will show the concrete results that we need:

    1. Embed disability inclusion in DRR plans and strategies

    A decade into the Sendai Framework’s implementation, the most progress has been on Target E – plans and strategies for disaster risk reduction. Yet many of these still fall short of addressing the specific needs and capacities of persons with disabilities.

    These strategies must be informed not only by data and evidence – such as census information on persons with different types of physical and intellectual disabilities – but also by the lived experience of persons with disabilities themselves. To make this happen we need to build an institutional culture that is responsive to specific individual needs, especially those of the most vulnerable people.

    2. Gather data on disaster impacts on persons with disabilities

    The Sendai Monitor calls for disaster loss data that is disaggregated by gender, age, and disabilities. However, only a few dozen countries presently collect and report such data for persons with disabilities. In some data-scarce contexts, this may be a challenging task – especially when the baseline data on persons with disabilities don’t exist.

    However, we must start somewhere. If we begin collecting data on disaster impacts on persons with disabilities now, in a few years this will throw up rich insights that can help us refine our strategies for persons with disabilities.

    3. Move from policies and guidelines to specific actions:

    In recent years, several countries – and sub-national bodies – have developed and adopted policies and guidelines for disability-inclusive disaster risk reduction – a close-to-home example (for me) is India, with guidelines at the national level and the sub-national level(Kerala State as one instance).

    What specific actions flow from these instruments? In the context of early warning systems, we’ve seen examples of standard operating procedures developed to ensure a suite of disability inclusive actions – from accessible warning and inclusive evacuation plans to suitable evacuation infrastructure. However, such concrete actions should also extend to address comprehensive disaster risk reduction efforts.

    Let’s take flood risk management as an example: if a community has to relocate away from a flood-prone settlement, how can it ensure that the new location is suitable for persons with disabilities? Or if houses are being retrofitted and being raised on stilts, how can these meet the needs of persons with disabilities? Similarly, what does it mean for persons with disabilities to “build back better” after disasters? We need to stretch our imagination of risk reduction to turn policies and guidelines into concrete inclusive actions.

    4. Extend access to assistive technologies

    The last decade has seen great progress in assistive technologies for persons with disabilities. Rapid advances in fields such as AI, neurosciences, and synthetic biology promise an even brighter future. But access to these technologies is highly unequal – between men and women, between developing and developed countries, between rural and urban areas, and so on.

    Governments must take a proactive policy stance to address these inequalities. Could disability-disaggregated census data be used to incentivize both public and private sector investments in developing assistive technologies that are cost-efficient and affordable?

    5. Ask: is it really working?

    And finally, we must find smarter ways to asses our impact. A good start would be for every post-disaster “after action review” to include this key question for persons with disabilities: “Did the systems work for you?”


    At UNDRR, we have made disability-inclusive DRR a priority. In my recent missions to Australia, Finland, Fiji and Germany, I was struck by deep commitment to this cause – and a rising sense of urgency – from governments. In Berlin, I had rich discussions with ministers from Italy and Scotland – both are serious about making real changes in their countries.

    UNDRR has endorsed the Amman-Berlin Declaration, the fruit of the Global Disability Summit. This declaration calls for all international development programmes to be inclusive of and accessible to persons with disabilities, and for at least 15% of country-level development programmes to explicitly pursue disability inclusion as an objective: “15 percent for the 15 percent.”

    We are making steady progress on disability inclusion in disaster risk reduction. With accelerated action and wider mobilization, transformational change is within reach!

    MIL OSI United Nations News

  • MIL-OSI: Himax Announces Leadership Transition in Investor and Public Relations

    Source: GlobeNewswire (MIL-OSI)

    TAINAN, Taiwan, April 08, 2025 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced the retirement of Mr. Eric Li, former Chief IR/PR Officer and Spokesperson. The company appointed Miss Karen Tiao as the new Head of IR/PR and Spokesperson, effective immediately. Miss Tiao joined Himax in 2019 and currently serves as Senior Investor Relations Manager. In her new role, Miss Tiao will report directly to CEO Jordan Wu.

    “On behalf of the Board, I would like to extend our utmost gratitude to Mr. Eric Li for his dedicated service to Himax. We wish him all the best in his retirement,” said Biing-Seng Wu, Chairman of Himax. “Miss Tiao’s extensive experience in investor and public relations, developed over her years at Himax, along with her deep understanding of the company’s operations and strategies, will help ensure a smooth transition,” Dr. Wu added.

    About Himax Technologies, Inc.

    Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company’s display driver ICs and timing controllers have been adopted at scale across multiple industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the Company offers innovative and comprehensive automotive IC solutions, including traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), local dimming timing controllers (Local Dimming Tcon), Large Touch and Display Driver Integration (LTDI) and OLED display technologies. Himax is also a pioneer in tinyML visual-AI and optical technology related fields. The Company’s industry-leading WiseEyeTM Ultralow Power AI Sensing technology which incorporates Himax proprietary ultralow power AI processor, always-on CMOS image sensor, and CNN-based AI algorithm has been widely deployed in consumer electronics and AIoT related applications. Himax optics technologies, such as diffractive wafer level optics, LCoS microdisplays and 3D sensing solutions, are critical for facilitating emerging AR/VR/metaverse technologies. Additionally, Himax designs and provides touch controllers, OLED ICs, LED ICs, EPD ICs, power management ICs, and CMOS image sensors for diverse display application coverage. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan, Germany, and the US. Himax has 2,603 patents granted and 389 patents pending approval worldwide as of March 31, 2025.

    http://www.himax.com.tw

    Forward Looking Statements

    Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortage in supply of key components; changes in environmental laws and regulations; changes in export license regulated by Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company’s SEC filings, including those risks identified in the section entitled “Risk Factors” in its Form 20-F for the year ended December 31, 2024 filed with the SEC, as may be amended.

    Company Contacts:
      
    Karen Tiao, Head of IR/PR
    Himax Technologies, Inc.
    Tel: +886-2-2370-3999
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    www.himax.com.tw

    Mark Schwalenberg, Director
    Investor Relations – US Representative
    MZ North America
    Tel: +1-312-261-6430
    Email: HIMX@mzgroup.us
    www.mzgroup.us

    The MIL Network

  • MIL-OSI Africa: Rwanda’s image abroad: how western countries are beginning to turn their backs

    Source: The Conversation – Africa – By David E Kiwuwa, Associate Professor of International Studies, University of Nottingham

    Rwanda enjoyed good relations with the western world for many years. This was due to systematic and intentional efforts to build its profile as a constructive regional actor, especially through the UN peacekeeping framework.

    It also set out to improve its national brand through sports sponsorships of some of the biggest football clubs in the world. These include Arsenal (England), PSG (France) and Bayern Munich (Germany).

    Since the end of the 1994 genocide, countries such as the UK, the US and France were willing to give Rwanda a less than critical pass when it was accused of destabilising its bigger neighbour, the Democratic Republic of Congo (DRC). They averted their gaze from its domestic heavy handedness, particularly its constraining of democratic space and human rights.

    But there has been a sharp turn in sentiment. For the first time, the western powers, as well as China, have begun to call out Rwanda on its behaviour.


    Read more: Rwanda and Belgium are at odds over the DRC: what’s led to the latest low point


    Western actors have grown exasperated with Rwanda’s impunity and have been forced to change tack. Quiet shuttle diplomacy, notably by the Biden administration and the EU, has failed to achieve Rwandan restraint. And as a humanitarian crisis grew, they saw more forceful and overt actions as necessary.

    Concerned about the rising level of violence and humanitarian catastrophe in the DRC, western powers through the UN general assembly and security council called for restraint, dialogue and de-escalation. France, Belgium, Germany, the US, Canada and the EU also condemned the escalating violence and Rwanda’s role. The growing consensus culminated in firmer and direct sanctions against individual Rwandan actors and entities and suspension of economic and trade cooperation.

    I have been a long time scholar of and commentator on African regime types, political governance and conflict, with a focus on Rwanda. It’s my view that Rwanda’s escapades in eastern DRC have had a detrimental impact on the goodwill long extended to the Kigali regime. What happens next will depend on its response.

    Rwanda’s role in the DRC

    There is little doubt about Rwanda’s involvement in conflict and instability in the eastern DRC. The reports from the security council and UN bodies have provided sufficient evidence of this.

    Since 2012, Rwanda has been accused of being the patron behind the Movement of March 23 (M23) rebel group. The M23 and its associated alliances have been fighting the DRC government, purportedly to protect the rights of Congolese Tutsis.

    For its part, Rwanda has pointed to the danger posed by remnants of security forces involved in the 1994 genocide. The forces fled into the DRC and are still hell bent on causing instability in Rwanda, Kigali claims. The other grievance is that the forces are backed by the DRC regime and have been responsible for persecuting Congolese Tutsis.

    Between 2012 and 2018, the M23 group had a limited level of military success. In 2012 it captured the eastern DRC city of Goma but was forced to relinquish it after just 10 days.

    In the latest escalation of fighting the group has made significant gains, recapturing Goma and capturing the bigger Bukavu and other areas.

    M23’s success has been attributed to the sustained and systematic support Rwanda has given the group, according to the UN report and security council resolution 2773.

    Support has included sophisticated weaponry and boots on the ground, conservatively estimated at over 4,000 soldiers. Faced with demotivated, ill-trained and poorly coordinated DRC military capabilities, the M23 success was almost inevitable.


    Read more: DRC conflict: talks have failed to bring peace. Is it time to try sanctions?


    The turnaround

    In August 2023 and again on 20 February 2025, the US slapped sanctions on key players in Rwanda and the M23 Alliance. The EU and the UK then paused some economic support for Rwanda. This was a strategic signal from the big powers.

    Germany then froze aid, Belgium’s rebuked the country and the EU called for stronger penalties, among them a ban on Rwanda’s mineral industry. This was to force Rwanda to rein in or rethink its activities in the DRC and be a constructive rather than disruptive partner.

    Belgium has had historical relations with both Rwanda and the DRC, having been the last colonial authority. Rwanda took specific exception to Belgium’s action by cutting diplomatic relations. It also took a more belligerent posture in the UN security council.


    Read more: M23: Four things you should know about the rebel group’s campaign in Rwanda-DRC conflict


    While this is seen as a non-compromising stance, it is against a lesser western power than the US or the UK. This could be taken as Rwanda saving face while working out an exit strategy to avoid escalating tensions with western powers or provoking far reaching coordinated action.

    It is notable that Qatar (and not a western or African power) has taken a lead in chaperoning talks between the conflict parties. This couldn’t have been without the blessing of the US, given the close relationship Qatar enjoys with the US as conflict resolution partners. Qatar is also an investor in Rwanda. This allows Rwanda to avoid being dragged to the negotiating table by critical western powers.

    Next steps

    The intensity of the conflict has slowed down somewhat, with the M23 rebel alliance having announced a ceasefire and unilateral action to “withdraw” from some of the areas they have recently captured.

    Whether this is a strategic compromise in response to the now forceful demand for Rwanda to cease its active support and intervention is unclear. It is notable that Qatar has now directly invited the rebels to the table.

    Once known as the darling of the west, most notable for clean and efficient government, a good business environment and unquestioned security and stability, Rwanda may have reached an inflection point with its flagrant DRC intervention. The change in western attitude may mark a more critical epoch in relations.

    – Rwanda’s image abroad: how western countries are beginning to turn their backs
    – https://theconversation.com/rwandas-image-abroad-how-western-countries-are-beginning-to-turn-their-backs-253663

    MIL OSI Africa

  • MIL-OSI Global: Rwanda’s image abroad: how western countries are beginning to turn their backs

    Source: The Conversation – Africa – By David E Kiwuwa, Associate Professor of International Studies, University of Nottingham

    Rwanda enjoyed good relations with the western world for many years. This was due to systematic and intentional efforts to build its profile as a constructive regional actor, especially through the UN peacekeeping framework.

    It also set out to improve its national brand through sports sponsorships of some of the biggest football clubs in the world. These include Arsenal (England), PSG (France) and Bayern Munich (Germany).

    Since the end of the 1994 genocide, countries such as the UK, the US and France were willing to give Rwanda a less than critical pass when it was accused of destabilising its bigger neighbour, the Democratic Republic of Congo (DRC). They averted their gaze from its domestic heavy handedness, particularly its constraining of democratic space and human rights.

    But there has been a sharp turn in sentiment. For the first time, the western powers, as well as China, have begun to call out Rwanda on its behaviour.




    Read more:
    Rwanda and Belgium are at odds over the DRC: what’s led to the latest low point


    Western actors have grown exasperated with Rwanda’s impunity and have been forced to change tack. Quiet shuttle diplomacy, notably by the Biden administration and the EU, has failed to achieve Rwandan restraint. And as a humanitarian crisis grew, they saw more forceful and overt actions as necessary.

    Concerned about the rising level of violence and humanitarian catastrophe in the DRC, western powers through the UN general assembly and security council called for restraint, dialogue and de-escalation. France, Belgium, Germany, the US, Canada and the EU also condemned the escalating violence and Rwanda’s role. The growing consensus culminated in firmer and direct sanctions against individual Rwandan actors and entities and suspension of economic and trade cooperation.

    I have been a long time scholar of and commentator on African regime types, political governance and conflict, with a focus on Rwanda. It’s my view that Rwanda’s escapades in eastern DRC have had a detrimental impact on the goodwill long extended to the Kigali regime. What happens next will depend on its response.

    Rwanda’s role in the DRC

    There is little doubt about Rwanda’s involvement in conflict and instability in the eastern DRC. The reports from the security council and UN bodies have provided sufficient evidence of this.

    Since 2012, Rwanda has been accused of being the patron behind the Movement of March 23 (M23) rebel group. The M23 and its associated alliances have been fighting the DRC government, purportedly to protect the rights of Congolese Tutsis.

    For its part, Rwanda has pointed to the danger posed by remnants of security forces involved in the 1994 genocide. The forces fled into the DRC and are still hell bent on causing instability in Rwanda, Kigali claims. The other grievance is that the forces are backed by the DRC regime and have been responsible for persecuting Congolese Tutsis.

    Between 2012 and 2018, the M23 group had a limited level of military success. In 2012 it captured the eastern DRC city of Goma but was forced to relinquish it after just 10 days.

    In the latest escalation of fighting the group has made significant gains, recapturing Goma and capturing the bigger Bukavu and other areas.

    M23’s success has been attributed to the sustained and systematic support Rwanda has given the group, according to the UN report and security council resolution 2773.

    Support has included sophisticated weaponry and boots on the ground, conservatively estimated at over 4,000 soldiers. Faced with demotivated, ill-trained and poorly coordinated DRC military capabilities, the M23 success was almost inevitable.




    Read more:
    DRC conflict: talks have failed to bring peace. Is it time to try sanctions?


    The turnaround

    In August 2023 and again on 20 February 2025, the US slapped sanctions on key players in Rwanda and the M23 Alliance. The EU and the UK then paused some economic support for Rwanda. This was a strategic signal from the big powers.

    Germany then froze aid, Belgium’s rebuked the country and the EU called for stronger penalties, among them a ban on Rwanda’s mineral industry. This was to force Rwanda to rein in or rethink its activities in the DRC and be a constructive rather than disruptive partner.

    Belgium has had historical relations with both Rwanda and the DRC, having been the last colonial authority. Rwanda took specific exception to Belgium’s action by cutting diplomatic relations. It also took a more belligerent posture in the UN security council.




    Read more:
    M23: Four things you should know about the rebel group’s campaign in Rwanda-DRC conflict


    While this is seen as a non-compromising stance, it is against a lesser western power than the US or the UK. This could be taken as Rwanda saving face while working out an exit strategy to avoid escalating tensions with western powers or provoking far reaching coordinated action.

    It is notable that Qatar (and not a western or African power) has taken a lead in chaperoning talks between the conflict parties. This couldn’t have been without the blessing of the US, given the close relationship Qatar enjoys with the US as conflict resolution partners. Qatar is also an investor in Rwanda. This allows Rwanda to avoid being dragged to the negotiating table by critical western powers.

    Next steps

    The intensity of the conflict has slowed down somewhat, with the M23 rebel alliance having announced a ceasefire and unilateral action to “withdraw” from some of the areas they have recently captured.

    Whether this is a strategic compromise in response to the now forceful demand for Rwanda to cease its active support and intervention is unclear. It is notable that Qatar has now directly invited the rebels to the table.

    Once known as the darling of the west, most notable for clean and efficient government, a good business environment and unquestioned security and stability, Rwanda may have reached an inflection point with its flagrant DRC intervention. The change in western attitude may mark a more critical epoch in relations.

    David E Kiwuwa 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. Rwanda’s image abroad: how western countries are beginning to turn their backs – https://theconversation.com/rwandas-image-abroad-how-western-countries-are-beginning-to-turn-their-backs-253663

    MIL OSI – Global Reports

  • MIL-OSI China: Iran seeks to negotiate only if US proves it wants to

    Source: China State Council Information Office

    Iran seeks to negotiate only if the United States stops being “dishonorable” and proves that it also wants to negotiate, Iranian President Masoud Pezeshkian said recently.

    Commenting on the possibility of indirect negotiations between Iran and the United States on the nuclear issue, Pezeshkian said Sunday night that Iran believes in negotiations, but not with one that is as “dishonorable” as the United States, which has placed Iran “under all-out pressure” and is threatening Iran every day, according to a statement published by Pezeshkian’s office on Monday.

    “We will negotiate with the entire world and do not want to fight with anybody. However, we will not acquiesce to being dishonored and will not negotiate at any price,” he said. “They (the United States) should also prove they want to negotiate.”

    Iran does not want to make “unpeaceful” uses of its nuclear capabilities, he noted.

    Meanwhile, Iranian Foreign Ministry spokesperson Esmaeil Baghaei said here Monday that Iran is ready for any event to unfold and is militarily capable enough to stand against any “aggression or attack.”

    Answering a question about Iran’s scenarios facing a potential U.S. attack, Baghaei said Iran will definitely give a “decisive, immediate, and all-out response” if threats against Iran were carried out.

    He also called on the International Atomic Energy Agency (IAEA) to fulfill its responsibilities regarding the constant threats uttered by the United States and Israel against Iran’s “peaceful” nuclear facilities.

    The issue will be discussed during an upcoming visit by IAEA Director General Rafael Grossi to Tehran, he added.

    U.S. President Donald Trump said in early March that he had sent a letter to Iranian leaders via the United Arab Emirates, proposing direct negotiations on Tehran’s nuclear activities.

    Pezeshkian later confirmed that in response to the letter, Tehran rejected the proposed face-to-face talks but was open to possible indirect talks.

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

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

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

    MIL OSI China News

  • MIL-OSI USA: Senators Moran, Rosen and Reps. Wasserman Schultz, Max Miller Introduce Fallen Servicemembers Religious Heritage Restoration Act

    Source: United States House of Representatives – Representative Debbie Wasserman Schultz (FL-23)

    “It is critical that Jewish Americans who served our nation in uniform and paid the ultimate price are able to be laid to rest honoring their religious heritage,” said Congresswoman Wasserman Schultz. “Unfortunately, due to the fog of war, there were hundreds of Jewish servicemembers who were improperly buried under Latin crosses in American Battle Monuments Commission cemeteries. This bill is an important step to allow more descendants of these brave Jewish servicemembers the resources needed to properly honor their loved one’s military service, life, and religious heritage.”

    Washington DC – Today, U.S. Senators Jerry Moran (R-KS), Jacky Rosen (D-NV) and U.S. Reps. Debbie Wasserman Schultz (FL-25) and Max Miller (OH-07) will file legislation to help ensure hundreds of fallen American-Jewish servicemembers are buried under military grave markers that represent their true religion and heritage. 

    “It is critical that Jewish Americans who served our nation in uniform and paid the ultimate price are able to be laid to rest honoring their religious heritage,” said Congresswoman Wasserman Schultz.  “Unfortunately, due to the fog of war, there were hundreds of Jewish servicemembers who were improperly buried under Latin crosses in American Battle Monuments Commission cemeteries. This bill is an important step to allow more descendants of these brave Jewish servicemembers the resources needed to properly honor their loved one’s military service, life, and religious heritage.”

    “Every American who puts on the uniform deserves to be remembered with dignity and respect. Many brave servicemembers made the ultimate sacrifice while defending freedom in World War I and World War II—but due to clerical errors or concerns for their safety during service, their religious identities were not properly recorded,” said Congressman Miller. “This bill is a meaningful step to correct those errors and ensure these heroes are laid to rest with the honor and dignity they deserve.”

    “We owe a debt we can never repay to those who have given their last full measure of devotion on behalf of our nation and the freedoms we cherish, religious liberty being chief among them,” said Senator Moran. “This legislation makes certain that the religious heritage of those who have died for our country, particularly Jewish-American servicemembers, is rightfully represented at their final resting places, providing their survivors with assurance that their loved one’s faith is being acknowledged and memorialized with accuracy.”

    “Our nation has a duty to fully honor the heroes who made the ultimate sacrifice to protect our freedoms,” said Senator Rosen. “I’m proud to join Senator Moran in introducing this bipartisan legislation to correct the headstones of servicemembers by ensuring that the religious affiliation of our fallen is properly and accurately recognized.”

    Due to the sheer scale of burials that occurred during World War I and II, hundreds of American-Jewish servicemembers killed in action were improperly buried under Latin Cross grave markers, rather than Stars of David. It is estimated that as many as 600 remain that way today.

    Clerical errors are to blame for many of the improper burials, but some are due to the fact that American-Jewish soldiers did not want to publicly display their faith on dog tags as they fought against Nazi Germany. 

    To replace a grave marker at American Battle Monuments Commission (ABMC) cemeteries, the next of kin must present the ABMC with evidence of the decedent’s religious heritage and submit a grave marker change request. However, without resources, this process can be difficult for families. This legislation would create the “Fallen Servicemembers Religious Heritage Restoration Program,” to award contracts to nonprofits to identify and research American-Jewish servicemembers buried in ABMC cemeteries under grave markers that do not represent the proper religion and heritage. It authorizes $500,000 per year for 10 years for the program.

    This bill is supported by Jewish Federations of North America, the Military Order of the Purple Heart, Gold Star Spouses of America, Jewish War Veterans, Veterans of Foreign Wars, the Aleph Institute, the Non Commissioned Officers Association (NCOA), Vietnam Veterans of America, the American Legion, and the Tragedy Assistance Program for Survivors (TAPS).

    “Congress found that approximately 900 American Jewish service members are inappropriately buried under Latin cross headstones in overseas U.S. military cemeteries,” said Nancy Springer, National Legislative Service Associate Director, of the Veterans of Foreign Wars of the United States. “To remedy this longstanding issue, the Veterans of Foreign Wars (VFW) supports the Fallen Servicemembers Religious Heritage Restoration Act to identify improperly marked graves, verify the religious heritage of the deceased, and enable descendants to request a replacement Star of David headstone. American Jewish service members who fought and died for our country deserve to have their heritage properly recognized and honored. The VFW applauds Chairman Moran and Senator Rosen for introducing this important legislation and calls for its swift passage.” 

    “The Tragedy Assistance Program for Survivors (TAPS) is proud to support the Fallen Servicemembers Religious Heritage Restoration Act,” said Bonnie Carroll, President and Founder of TAPS. “We appreciate Chairman Moran and Senator Rosen, and Representatives Wasserman Schultz and Miller for their steadfast commitment to recognizing and honoring the personal faith of those who gave all in service to our nation.” 

    “Gold Star Spouses of America strongly supports the establishment of the Fallen Servicemembers Religious Heritage Restoration Program. Ensuring that all servicemembers are honored according to their faith and heritage is a critical step in preserving their dignity and respecting the wishes of their families,” said Tamra Sipes, National President of Gold Star Spouses of America. “This bill would provide much-needed resources to correct historical oversights and honor the legacies of those who made the ultimate sacrifice.” 

    “A fallen service member has earned the right to have their personal faith properly preserved, this bill is critical to ensuring that is done,” said Robert Olivarez, National Commander of the Military Order of the Purple Heart.

    “The Vietnam Veterans of America strongly supports this honorable effort to restore the appropriate faith to our fallen service members markers,” said Jack McManus, National President of Vietnam Veterans of America. “This is owed to our fallen patriots and absolutely must be done.”  

    “The Non Commissioned Officers Association (NCOA) proudly stands in support of the Fallen Servicemembers Religious Heritage Restoration Act. This important legislation reaffirms the fundamental right of fallen service members to have their religious beliefs respectfully acknowledged in memorial displays and commemorative settings across the nation,” said Levi Sadr, Director of Government Affairs at the Non Commissioned Officers Association. “As an organization that represents the voice, service, and sacrifice of enlisted personnel past and present, we believe that honoring the faith traditions of those who have given their lives in service to our country is a matter of dignity, respect, and historical truth. The religious symbols and heritage reflected in many memorials are not only consistent with the personal beliefs of the fallen, but are also longstanding expressions of the values held by generations of service members.  This legislation safeguards those expressions from unnecessary censorship and ensures that the legacy of the fallen is preserved in a way that is meaningful to their families, communities, and fellow service members. It also protects the freedom of religious expression in a manner that is inclusive, respectful, and consistent with our Constitution.  The NCOA urges lawmakers to pass the Fallen Servicemembers Religious Heritage Restoration Act and to affirm the enduring principles of honor, remembrance, and religious liberty that this nation was built upon.” 

    “JWV fully endorses the Fallen Servicemembers Religious Heritage Restoration Program Act, legislation that creates a program within the American Battle Monuments Commission (ABMC) to recognize and identify Jewish servicemembers improperly buried in ABMC cemeteries,” said Jewish War Veterans National Commander Gary Ginsburg, USA (retired). “Congress must establish this meaningful $500,000 annual grant for ten years to ensure that Jewish servicemembers killed in action and currently buried under a Latin Cross will be properly buried under a Star of David grave marker.  Now is the time for Congress to act and provide proper recognition of these heroes’ religious and heritage significance. JWV commends Reps. Debbie Wasserman Schultz and Max Miller, and SVAC Chairman Jerry Moran, and Sen. Jacky Rosen for their leadership in introducing the legislation in the House and Senate.  We look forward to working with them on the swift enactment of this legislation and partnering with ABMC on awarding grants to nonprofit organizations.”

    “Nearly 11,000 Jewish American soldiers gave their lives during World War II, but many still haven’t received proper burials, laying under a Latin Cross rather than a Star of David. Jewish Federations proudly support this bill to fund the painstaking research in identifying American-Jewish soldiers improperly buried overseas,” said Karen Paikin Barall, Vice President, Government Relations for Jewish Federations of North America. “Whether they died for their country during the Battle or Normandy or the Battle of Manila, each deserves to rest under the marker that not only represents their religion, but their heritage.”

    ####

    MIL OSI USA News

  • MIL-Evening Report: New research shows digital technology is linked to reduced wellbeing in young kids. So what can parents do?

    Source: The Conversation (Au and NZ) – By Jacquelyn Harverson, PhD Candidate, School of Psychology, Deakin University

    Alex Segre/ Shutterstock

    Once upon a time, children fought for control of the remote to the sole family television. Now the choice of screen-based content available to kids seems endless. There are computers, tablets, phones and gaming consoles offering streaming services, online content and apps.

    Children also use devices at school, with digital literacy part of the Australian curriculum from the start of school.

    The speed and scale of this change has left parents, researchers and policymakers scrambling to catch up. And it has inevitably led to concerns about screen use, as well as guidelines about limiting their use.

    Our new study looks at the links between digital technology use and young children’s wellbeing, specifically for those aged four to six.

    Our comprehensive analysis shows children who spend longer periods using digital technologies are more likely to have social, emotional and behavioural difficulties. However, we can’t say at what age or level of screen use these negative effects are likely to become evident.

    But for parents trying to navigate a world where technology is all around us, our study also shows there are things they can do to help their kids use screens in healthier ways.




    Read more:
    Why parents need to be like Big Ted and ‘talk aloud’ while they use screens with their kids


    Our study

    We carried out a systematic review of the research literature on children’s use of digital devices since 2011 (after the Apple iPad was launched). This means we examined all the available peer-reviewed research on digital devices and their impact on wellbeing for children.

    We also focused on ages four to six age as it is a time when children are developing rapidly and beginning school. Other studies have focused on particular types of device. But we included all kinds of digital devices in our search – from televisions to phones, tablets and gaming consoles – to make sure we could provide comprehensive analysis of what kids are using.

    The studies came from 20 countries, including Australia, China, the United States, Turkey, Germany and Canada. They were almost exclusively based on parents’ reports of their children and include more than 83,000 parents.

    Our research also showed the the type of content children consume is important – not just the time it takes.
    Morrowind/Shutterstock

    4 areas of child wellbeing

    From this, we analysed the relationship between children’s technology use and the following four areas:

    1. psychosocial wellbeing: an overall measure that captures children’s happiness, as well as social and emotional adjustment.

    2. social functioning: children’s social skills, including how well they get along with their peers.

    3. the parent-child relationship: the level of closeness or conflict between parents and their children.

    4. behavioural functioning: the absence of behavioural difficulties such as tech-related tantrums, hyperactivity, depression or anxiety.

    We did this with a meta-analysis – a statistical method that uses data from multiple studies to draw conclusions.




    Read more:
    3 ways to help your child transition off screens and avoid the dreaded ‘tech tantrums’


    What we found

    Our analysis found more digital technology use in young children was associated with poorer wellbeing outcomes across the four areas.

    It is important to note correlation doesn’t equal causation. The scope of the research means at this point, it is not possible to identify the exact reasons behind the negative relationships.

    But we do know the more time children spent watching TV, playing on iPads or apps, the more likely they were to have problems with behaviour, social skills, their relationship with their parents, and their emotional wellbeing.

    But tech use is more than just time

    Our research also brought together emerging evidence which shows the relationship between digital tech use and child wellbeing is complex.

    This means the type of content children consume, and the context in which they consume it, can also have a bearing on their wellbeing. The research shows there are several ways parents can guide their children to potentially mitigate the negative links with social, emotional and behavioural wellbeing.

    With this in mind, how can you encourage healthier screen use?

    Our research showed if parents watch with their kids, it can open up opportunities for conversation and interaction.
    Ketut Subiyanto/Pexels, CC BY

    3 tips for kids and screens

    1. Keep an eye on the clock

    The research cannot provide a specific “time limit” for screen use. But you can still be mindful of how much time your child spends on devices both at home and at school – moderation is key.

    Try and mix screen time with other activities, such as time outside or time with friends and family, books or imaginary play.

    2. Seek out quality

    Research shows encouraging high-quality educational content during screen use may curb negative links between tech use and wellbeing.

    Consider swapping fast-paced cartoons and time spent on lots of short clips with educational viewing, for example ABC kids programs that promote learning.

    Introduce your child to age-appropriate educational and interactive games that challenge them and encourage them to be creative.

    3. Use tech together

    Tech time isn’t just for kids – parents can also join in.

    Solo tech use may reduce opportunities for positive social interactions. But watching or playing with friends or family opens up opportunities for conversation, working together and learning.

    This could include watching a movie together and talking about the characters, working on an online puzzle together or learning new coding skills together.

    Jacquelyn Harverson is affiliated with the Australian Research Council Centre of Excellence for the Digital Child.

    Louise Paatsch receives funding from Australian Research Council Centre of Excellence for the Digital Child

    Sharon Horwood is affiliated with the Australian Research Council Centre of Excellence for the Digital Child.

    ref. New research shows digital technology is linked to reduced wellbeing in young kids. So what can parents do? – https://theconversation.com/new-research-shows-digital-technology-is-linked-to-reduced-wellbeing-in-young-kids-so-what-can-parents-do-253637

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Europe: Press release – MEPs travel to Washington DC to discuss transatlantic relations with US counterparts

    Source: European Parliament

    The European Parliament’s delegation for relations with the United States will travel to the US capital from Wednesday to Friday for talks with representatives of the US Congress.

    The visit by MEPs takes place against the backdrop of US President Donald Trump’s recent announcement of sweeping tariffs on global trade partners. In Washington DC, the delegation, led by Brando Benifei (S&D, Italy), will meet primarily with representatives of the US Congress, in part to prepare for the next Transatlantic Legislators’ Dialogue (TLD), a forum of leading lawmakers designed to strengthen relations between the European Parliament and Congress.

    On Thursday, MEPs will meet with members of the US House committee dealing with strategic competition between the US and China, and with the new leadership of the House Foreign Affairs Committee and members of the House EU Caucus. Discussions are expected to centre on developments in Europe, not least in relation to Ukraine, as well as on bilateral trade, EU-NATO cooperation, the future of transatlantic ties, and relations with China. On Thursday and Friday, MEPs will hold meetings with US State Department representatives, as well as with think tanks and representatives of the US Chamber of Commerce.

    The MEPs taking part in the delegation are members of the Transatlantic Legislators’ Dialogue enlarged bureau. In addition to Mr Benifei, the delegation will comprise: European Parliament Vice-President Sophie Wilmès (Renew Europe, Belgium), Foreign Affairs Committee Chair David McAllister (EPP, Germany), International Trade Committee Chair Bernd Lange (S&D, Germany) and Foreign Affairs Committee standing rapporteur for the US Michał Szczerba (EPP, Poland).

    Press contact travelling with the delegation:

    Karolina Wozniak
    Tel: +1-771-208-9171
    Email: karolina.wozniak@europarl.europa.eu

    MIL OSI Europe News

  • MIL-OSI United Nations: Cold War Lessons ‘Forgotten So Quickly’, High Representative Warns, as Disarmament Commission Opens Annual Session amid Heightened Nuclear Risks

    Source: United Nations MIL OSI b

    A senior United Nations official called for renewed action to fortify the international disarmament architecture, as the 2025 session of the Disarmament Commission opened today amid the highest risk of nuclear weapon use since the cold war.

    “It is remarkable that we have so quickly forgotten the lessons of the cold war,” said Izumi Nakamitsu, High Representative for Disarmament Affairs, emphasizing the urgent need for action and reaffirming the Commission’s crucial role as a platform for consensus-building and charting a path forward in today’s volatile security landscape.

    “At no time since the height of the cold war has the risk of a nuclear weapon being used been so high, and the mechanisms designed to prevent its use so fragile,” she added.

    The Disarmament Commission, a subsidiary body of the General Assembly, provides a forum where all Member States can engage in in-depth, consensus-based discussions on key disarmament issues.  While it does not negotiate binding agreements, the Commission focuses on developing recommendations aimed at reducing and ultimately eliminating weapons — particularly weapons of mass destruction such as nuclear arms.

    Describing the Commission as “a core component of the disarmament machinery”, the High Representative recalled that the forum has agreed to a range of consensus principles, guidelines and recommendations over the years — from the establishment of nuclear-weapon-free zones to confidence-building measures in the field of conventional arms.  Most recently, in 2023, the entity reached consensus on recommendations for practically implementing transparency and confidence-building measures in outer space activities.

    Amid concerns over “the growing role of nuclear weapons in military doctrines and security policies”, she stated:  “We are drifting away from long-standing and effective disarmament and non-proliferation norms and efforts to prevent any use of a nuclear weapon into dangerous and uncharted territory without the guardrails which have helped to stabilize and sustain global security in the past.”

    Global Nuclear Stockpiles Stand at Approximately 12,000

    As a result of international treaties, she noted, the world’s nuclear stockpiles in 1986 were reduced from more than 70,000 warheads to around 12,000 today.

    Calls for Creative, Practical Approaches to Advance Nuclear Disarmament Despite Geopolitical Divisions 

    Meeting annually, the Commission typically concentrates on two agenda items at a time, allowing for substantive dialogue in both plenary sessions and working groups.  This year — the second of a three-year cycle — the organ continues its discussions on formulating recommendations for achieving nuclear disarmament and non-proliferation of nuclear weapons, as well as fostering common understandings related to emerging technologies in the context of international security.

    On the first topic, Ms. Nakamitsu urged the Commission to reaffirm the importance of existing disarmament frameworks, especially multilateral treaties such as the Treaty on the Non-Proliferation of Nuclear Weapons. She encouraged creative and practical approaches to finding common ground and advancing nuclear disarmament, despite geopolitical divisions.  The Commission should also safeguard past gains while encouraging fresh ideas to reinvigorate global disarmament efforts.

    The prevention of nuclear war and the elimination of nuclear weapons are among the most important tasks entrusted to the international community, she stressed, adding:  “It will not happen overnight, but it will never happen if steps are not taken now.”

    Framework Key for Ensuring Artificial Intelligence, Quantum Computing Advances Benefit Humanity and Not Facilitate Warfare 

    On the second topic, she noted that rapid advances in artificial intelligence, quantum computing and space-based services — among others — have the potential to greatly benefit humanity and contribute to achieving common objectives.  “At the same time”, she warned, “these advances are reshaping warfare in troubling ways.”

    With governance mechanisms failing to keep pace with technological innovation and adoption, she stated that this year’s deliberations will be crucial for establishing the framework within which final negotiations will take place next year.

    At the outset of its session, the Commission — which runs through 25 April — elected José Pereira (Paraguay) as Chair, along with Mahmud Mohammed Lawal (Nigeria), Amr Essam (Egypt), and Vivica Münkner (Germany) as Vice-Chairs.  It also elected Akaki Dvali (Georgia) and Julia Rodriguez (El Salvador) to serve as Chairs of Working Groups I and II, respectively.

    MIL OSI United Nations News

  • MIL-OSI: Banco Santander Chile: First Quarter 2025 Analyst and Investor Webcast / Conference Call

    Source: GlobeNewswire (MIL-OSI)

    SANTIAGO, Chile, April 07, 2025 (GLOBE NEWSWIRE) — You are cordially invited to participate in Banco Santander Chile’s (NYSE: BSAC) conference call-webcast on Thursday, May 8, 2025, at 10.00 AM (EST time) where we will discuss 1Q 2025 financial results. The Bank’s Officers participating in the conference call are: Patricia Pérez, CFO, Cristian Vicuña, Chief Strategy Officer & Head of IR and Andrés Sansone, Chief Economist. A question and answer session will follow the presentation.

    The Management Commentary report will be published on April 30, 2025, before the market opens. The quiet period begins on April 15.

    To participate, the webcast presentation can be viewed at: https://mm.closir.com/slides?id=720987

    Or please dial in using any of the below numbers:
    United Kingdom+44 203 984 9844
    USA +1 718 866 4614
    Austria +43 720 022981
    Brazil +556120171549
    Canada +1 587 855 1318
    Chile +56228401484
    Czech Republic +420 910 880101
    Estonia +372 609 4102
    Finland +35 8753 26 4477
    France +33 1758 50 878
    Germany +49 30 25 555 323
    Hong Kong +852 3001 6551
    Mexico +52 55 1168 9973
    Peru +51 1 7060950
    Poland +48 22 124 49 59
    Russia +7 495 283 98 58
    Singapore +65 3138 6816
    South Africa +27872500455
    South Korea +82 70 4732 5006
    Sweden +46 10 551 30 20
    Turkey +90 850 390 7512
    Ukraine +380 89 324 0624

    Participant Passcode: 720987
    Please dial in approximately 10 minutes prior to the starting time of the conference.

    If you have any questions, please contact Cristian Vicuña at Banco Santander Chile at Cristian.vicuna@santander.cl, Rowena Lambert at Rowena.lambert@santander.cl or Claudia Villalon at Claudia.villalon@santander.cl

    CONTACT INFORMATION

    Cristian Vicuña
    Investor Relations
    Banco Santander Chile
    Bandera 140, Floor 20
    Santiago, Chile
    Email: irelations@santander.cl
    Website: www.santander.cl

    Banco Santander Chile is one of the companies with the highest risk classifications in Latin America with an A2 rating from Moody’s, A- from Standard and Poor’s, A+ from Japan Credit Rating Agency, AA- from HR Ratings and A from KBRA. All our ratings as of the date of this report have a Stable Outlook.

    As of December 31, 2024, the Bank has total assets of $68,458,933 million (US$68,865 million), total gross loans (including loans to banks) at amortized cost of $41,323,844 million (US$41,569 million), total deposits of $31,359,234 million (US$31,545 million) and shareholders’ equity of $4,292,440 million (US$4,318 million). The BIS capital ratio was 17.1%, with a core capital ratio of 10.5%. As of December 31, 2024, Santander Chile employs 8,757 people and has 236 branches throughout Chile.

    The MIL Network

  • MIL-OSI United Kingdom: Joint statement at the 58th Session of the UN Commission on Population and Development

    Source: United Kingdom – Executive Government & Departments

    Press release

    Joint statement at the 58th Session of the UN Commission on Population and Development

    Joint statement on the 58th Session of the UN Commission on Population and Development delivered by Sierra Leone on Monday 7 April 2025, on behalf of Albania, Andorra, Armenia, Australia, Austria, Belgium, Bosnia and Herzegovina, Brazil, Bulgaria, Cabo Verde, Cambodia, Chile, Colombia, Costa Rica, Croatia, Cyprus, Czechia, Democratic Republic of the Congo, Denmark, Dominican Republic, Estonia, Eswatini, Finland, France, Georgia, Germany, Greece, Guinea, Honduras, Iceland, Ireland, Israel, Italy, Japan, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Monaco, Mongolia, Montenegro, Morocco, Nepal, Netherlands, New Zealand, North Macedonia, Norway, Panama, Papua New Guinea, Peru, Poland, Portugal, Republic of Korea, Republic of Moldova, Romania, Samoa, San Marino, Serbia, Sierra Leone, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, Timor-Leste, Tunisia, Tuvalu, Ukraine, Uruguay, Zambia and the United Kingdom.

    We are making this collective statement to emphasise the urgent need for action to achieve Sustainable Development Goal (SDG) 3. Health is a human right and a foundation of sustainable development, driving economic growth, social cohesion, and individual dignity.

    Over the past decades, significant progress has been made in many areas of health. We have seen a reduction in maternal and child mortality, expanded access to modern contraceptive methods as well as maternal and newborn medicines and commodities, improvements in adolescent health and education, addressing sexually transmitted diseases including HIV, and a decline in child and early forced marriages. These achievements give us hope for a healthier future.

    However, significant challenges persist, and the urgent need for equal access to health services and opportunities for healthy lives remains out of reach for many.

    Health inequalities stemming from complex, interrelated factors such as economic disparities, social exclusion, significant financial hardship, discrimination, and unequal access to resources, has a profound impact on individuals and communities. These inequalities manifest in poor health outcomes, lower life expectancy, reduced household income, and weaker national economic growth potential. Income inequality exacerbates vulnerabilities, limiting access to health services in low-income countries and disadvantaged communities. Social disparities rooted in gender, race, age, class, religion, and ethnicity perpetuate stigma, violence, and adverse health determinants.

    Economic disparities within and among countries remain significant, impacting the lives of many individuals. Far too many people are unable to access essential health services or are forced to forgo care due to unaffordability. Rising out-of-pocket health costs are pushing millions into poverty, hindering the realisation of Universal Health Coverage. Conflicts and climate change are straining health systems and the health workforce, contributing to stagnating maternal mortality rates, growing mental health challenges, and the inability of health systems to cope with the rise of non-communicable diseases.

    Equitable, inclusive, and resilient health systems are essential to ensure healthy lives and promote well-being. It is imperative to prioritize universally accessible, quality, and comprehensive primary healthcare services. Sexual and reproductive health and reproductive rights must enable individuals to make free and informed decisions about their health and their lives. Addressing the social determinants of health – such as poverty, malnutrition, education, water and sanitation, and gender inequality – is critical for achieving inclusive economic growth that strengthens and benefits all of society.

    The health and well-being of adolescents and youth also demands greater attention – they require better access to health services, education, and information that enable them to make informed decisions about their lives.

    Investing in health, particularly sexual and reproductive health, is not just a matter of well-being, but also a powerful driver of economic growth. UNFPA estimates that allocating an additional $79 billion by 2030 to expand maternal health and family planning services could yield $660 billion in economic benefits by 2050—preventing 400 million unplanned pregnancies, 1 million maternal deaths, 6 million stillbirths, and 4 million newborn deaths, while also enhancing workforce participation and economic productivity (UNFPA, 2022). Similarly, closing the women’s health gap more broadly could further accelerate economic progress, with the World Economic Forum projecting a potential boost of at least $1 trillion annually to the global economy by 2040.

    Greater investments in health infrastructure, workforce capacity, and innovative solutions like digital health can improve service delivery and expand access to services. Strengthening and expanding the global health workforce is at the heart of this. We must address health workforce shortages, ensure equitable distribution, enhance training and pay attention to sustainable retention strategies.

    It is vital that we, as policymakers, health organizations, and civil society, address disparities within and among countries, ensuring that people in vulnerable situations, including women, children, older persons, migrants, people with disabilities, and those in extreme poverty, have access to quality, comprehensive health services without financial hardship and discrimination. Our role in promoting responsive health systems that cater to the unique needs of at-risk individuals are key to sustainable and inclusive progress.

    A healthier population is central to achieving the 2030 Agenda for Sustainable Development. The ICPD’s Programme of Action has guided countries toward inclusive, equitable policies advancing health and gender equality. By strengthening health systems and addressing inequalities, we can work toward a world where all people can live healthy, productive and fulfilling lives.

    Updates to this page

    Published 7 April 2025

    MIL OSI United Kingdom

  • MIL-OSI Global: American liberators of Nazi camps got ‘a lifelong vaccine against extremism’ − their wartime experiences are a warning for today

    Source: The Conversation – USA – By Sara J. Brenneis, Andrew W. Mellon Professor of Spanish, Amherst College

    A staged recreation of Mauthausen’s liberation, May 6, 1945. Spanish prisoners documented the camp’s actual liberation the day prior using Nazi cameras. National Archives and Records, Cpl. Donald R. Ornitz, US Signal Corps/Administration, III-SC-206395

    When American soldiers liberated the Mauthausen Nazi concentration camp in Austria 80 years ago this May, Spanish prisoners welcomed them with a message of antifascist solidarity.

    The Spaniards hung a banner made from stolen bed sheets over one of Mauthausen’s gates. In English, Spanish and Russian, it read: “The Spanish Antifascists Greet the Liberating Forces.”

    Both American servicemen and Spanish survivors remember the camp’s liberation as a win in their shared fight against extremism, my research on the Spanish prisoners in Mauthausen finds. They all understood the authoritarian governments of Nazi Germany, Italy and Spain as fascist regimes that used extremist views rooted in intolerance and nationalism to persecute millions of people and imperil democracy across Europe.

    World War II, the Holocaust and the horrors of Nazi violence have no modern equivalent. Nevertheless, extremism is now threatening democracy in the United States in recognizable ways.

    As the Trump administration executes summary deportations, works to suppress dissent, fundamentally restructures the federal government and defies judges, experts warn that the country is turning toward authoritarianism.

    As a scholar of the Mauthausen camp, I believe that understanding how American soldiers and Spanish prisoners experienced its liberation offers a valuable lesson on the real and present dangers of extremism.

    ‘We knew then why we had to stop Hitler’

    In 1938, the Nazis established Mauthausen, a forced labor camp in Austria, with an international prisoner population. My research shows that the Nazis murdered 16,000 Jews and 66,000 non-Jewish prisoners at Mauthausen between 1938 and 1945, including 60% of the roughly 7,200 Spaniards imprisoned there.

    The Spanish prisoners were committed antifascist resistors sent there in 1940 and 1941. Known as Republicans or Loyalists, they had fought against Francisco Franco in the Spanish Civil War and Adolf Hitler in World War II.

    The young men with the 11th Armored Division of the U.S. Army who liberated Mauthausen would never forget the moment they discovered the camp. It was May 5, 1945, just days before the war ended in Europe. A platoon led by Staff Sgt. Albert J. Kosiek was repairing bridges in this tucked-away corner of Austria when a Swiss Red Cross delegate alerted them to a large Nazi concentration camp nearby.

    Mauthausen’s international survivors were among the Nazis’ last prisoners to be freed.

    George Sherman was a 19-year-old tank gunner from Brooklyn when his patrol found Mauthausen. He was Jewish and had read about the Nazi camps in Europe in the Army’s newspaper.

    American liberators rolling into the Mauthausen concentration camp on May 5, 1945, as photographed by prisoner Francesc Boix. Sgt. Harry Saunders is standing on the left fender.
    Francesc Boix/Courtesy of Collections of the Mauthausen Memorial

    Still, seeing a concentration camp with his own eyes was alarming.

    “The piles of bodies” struck him, he remembered in an oral history recorded for the University of South Florida in 2008. So did “these people walking around like God knows – skeletons and whatnot.”

    Sgt. Harry Saunders, a 23-year-old radio operator from Chicago, also remembered the moment he saw the Mauthausen survivors. They were men and women of all nationalities.

    “The live skeletons, the people that were in the camp, it was indescribable, it was such a shock,” he said in a 2002 interview for the Mauthausen Memorial’s Oral History Collection in Vienna.

    One of the Spanish prisoners at Mauthausen, Francesc Boix, had stolen a camera from the SS in the chaotic moments before the camp’s liberation. Boix photographed Sgt. Saunders rumbling into the concentration camp on an armored car.

    Saunders kept that photograph for the rest of his life. It captured a moment of clarity for him.

    “When we liberated Mauthausen, we really knew then why we had to stop Hitler and why we really went to war,” he said in the interview.

    Frank Hartzell, a technical sergeant with the 11th Armored Division, was 20 when he helped to liberate Mauthausen. He turned 100 this year. We met in mid-March 2025 and discussed his wartime experience.

    “What I saw and experienced appalled me,” Hartzell told me.

    The outrage has stayed with him for 80 years.

    ‘Starved and crippled but alive’

    The American liberators toured the gas chambers and the crematory ovens in Mauthausen.

    Maj. Franklin Lee Clark saw the dead stacked up in “piles like cord wood to the point that they had to bring in bulldozers and make mass graves,” and took photos to document it.

    The Spanish banner hanging on the Mauthausen prison gate, May 1945.
    Franklin Lee Clark/Emory University Archives, Witnesses to the Holocaust Project

    Soldiers from the 11th Armored Division directed locals to bury the men and women murdered by the Nazis. The local Austrians claimed they had not known about their town’s concentration camp. But a farmer who lived nearby had been upset about all the dead bodies visible from her property. She filed a complaint asking the Nazis either to stop “these inhuman deeds” or do them “where one does not see it.”

    The American liberators made sure that the townspeople could no longer look away from the murderous rampage carried out in their backyards.

    While Boix was taking photos of American soldiers during liberation, the soldiers were taking photos of the welcome banner the Spaniards had painted.

    On the back of one snapshot, a Signal Corps soldier typed out his impressions of their message: “I really know what that word (antifascist) means. We liberated these prisoners in the Mauthausen concentration camp near Linz, Austria. They were Poles, Hungarians and Spanish Loyalists (remember the Loyalists?). They had men and women in this camp. Starved and crippled but alive.”

    After Mauthausen was liberated, the freed Loyalists set to work documenting the Nazis’ crimes. Along with his countrymen Joan de Diego, Casimir Climent and others, Spanish survivor Joaquín López Raimundo compiled lists of Mauthausen victims and their Nazi captors. Using the Nazis’ own typewriters, they spent two weeks listing the names and personal details of Spanish victims of Mauthausen and of the SS who had killed them.

    The result was page after page of evidence they handed over to American war crimes investigators and the International Red Cross.

    Boix, meanwhile, gave the Americans hundreds of photo negatives he had rescued from the camp’s photography lab.

    Boix later testified about these images in the war crime trials at Nuremberg and Dachau. He described seeing the Nazis beat, torture and murder their victims in Mauthausen and then photograph the bodies. For 2½ years, Boix stole the photographic evidence of their crimes.

    He “could not keep those negatives because it was so dangerous,” he testified at Dachau, so he “hid them in various places until the liberation.”

    Testimony in the Nuremberg war crime trials. Francesc Boix’s testimony begins at 7:44. (U.S. Holocaust Memorial Museum, courtesy National Archives and Records Administration. Producer: US Signal Corps)

    A lifelong vaccine against extremism

    For the American liberators, their up-close view of the horrors of Mauthausen and their interactions with the Spanish antifascist survivors was a lifelong vaccine against extremism.

    They witnessed how a fascist leader tore the world apart. They saw with their own eyes the death and destruction of political extremism.

    When I interviewed Hartzell, he expressed concern that the United States is going down a dangerous path.

    “The USA today is not the USA I fought and came close to dying for,” Hartzell told me.

    As American Mauthausen liberator Maj. George E. King warned an interviewer in 1980:

    “This is the lesson we have to learn: It could happen here.”

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

    ref. American liberators of Nazi camps got ‘a lifelong vaccine against extremism’ − their wartime experiences are a warning for today – https://theconversation.com/american-liberators-of-nazi-camps-got-a-lifelong-vaccine-against-extremism-their-wartime-experiences-are-a-warning-for-today-248813

    MIL OSI – Global Reports

  • MIL-OSI Africa: Africa’s Strategic Diplomacy Fuels Mining Sector Growth

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

    CAPE TOWN, South Africa, April 7, 2025/APO Group/ —

    African nations are leveraging strategic partnerships to attract investment and strengthen their mining sectors. As competition between Western and Eastern powers intensifies over critical minerals, Africa has emerged as a key player in global supply chains, balancing geopolitical interests while maximizing economic benefits. With global markets racing to secure resources for the energy transition and the Fourth Industrial Revolution, the upcoming African Mining Week will facilitate collaboration between African governments and international stakeholders.

    U.S.–DRC Partnership to Unlock Mineral Wealth

    In March 2025, the U.S. State Department reaffirmed (https://apo-opa.co/43JPLr8) its interest in engaging with the Democratic Republic of Congo (DRC) to unlock its estimated $1.2 trillion in untapped mineral resources. Cooperation between the two countries could yield a transformative impact on the sector, with U.S. financing and technical expertise unlocking the potential of the world’s largest cobalt producer and Africa’s largest copper producer. The U.S. has already played an active role in the financing and development of the Lobito Corridor, facilitating mineral transport and trade between the DRC, Angola, Zambia and international markets.

    EU Expands Mining, Green Energy Investments

    This month, the European Union (EU) pledged €4.7 billion (https://apo-opa.co/42q3265) to South Africa to support raw material value addition, the energy transition, local vaccine manufacturing and green hydrogen production. South Africa, home to the world’s largest deposits of platinum group metals (PGMs), will leverage this funding to enhance PGM production to meet growing demand for electrolysers used in green hydrogen applications. This follows South Africa’s $1 billion green hydrogen partnership with Denmark and the Netherlands established in 2023. Neighboring Namibia has also attracted European investment, with the EU committing €25 million to Namibia Hydrogen Fund Managers in September 2024 to propel the country’s green hydrogen sector. Meanwhile, Uganda is taking steps to develop its mining sector with the support of the EU and Germany’s Federal Ministry for Economic Cooperation and Development, having launched the Sustainable Development of the Mining Sector project earlier this month. 

    China Strengthens its Position in African Mining

    China remains one of the largest investors in African mining, with both state-owned and private firms driving sector growth. In September 2024, China pledged $50 billion over three years for infrastructure and mineral development across the continent. Key projects in the DRC include CMOC’s $2.5 billion expansion of the Tenke Fungurume Mine and Sinohydro and China Railway’s $7 billion infrastructure-for-minerals deal in copper and cobalt mining. China has also invested heavily in Zimbabwe’s lithium sector and pledged $1 billion to upgrade the Tazara Railway, improving East Africa’s mineral exports.

    Growing Global Interest in Africa’s Mining Sector

    Beyond the U.S., EU and China, countries like Canada, Australia and the UAE are ramping up mining investments in Africa. Canadian firms are expanding their footprint in West Africa’s gold sector, Australian companies are backing lithium and rare earth projects in southern Africa and the UAE is securing stakes in critical mineral supply chains through strategic joint ventures. African Mining Week, taking place October 1-3 in Cape Town, will provide a platform for African nations to engage global investors, strengthen cooperation and accelerate resource development.

    MIL OSI Africa

  • MIL-OSI Russia: The Polytechnic campus has become a regional historical and cultural monument

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The Committee for State Control, Use and Protection of Historical and Cultural Monuments of St. Petersburg included the complex of buildings of the Polytechnic University Student Campus in the unified state register of cultural heritage sites of regional significance. Four residential complexes built in 1929–1930, located on Lesnoy Prospekt, Pargolovskaya and Kharchenko Streets, a club, a factory kitchen and a mechanical workshop on Kapitana Voronina Street have been recognized as monuments.

    In the 1920s and 1930s, special attention was paid to the training of engineering personnel in the USSR, and workers’ faculties were organized in universities. The number of students at the Polytechnic University then reached six thousand people, and the dormitories that had existed since pre-revolutionary times were no longer sufficient. A site on Lesnoy Prospekt was chosen for the construction of new ones. The project for the complex was approved in February 1930. Its authors were architects S. E. Brovtsev, M. D. Felger, A. V. Petrov and engineer K. V. Sakhnovsky.

    “Probably the most interesting building in the town is the factory kitchen,” says Valery Klimov, director of the SPbPU History Museum. “Its main purpose was to free women from housework. Not only was food prepared for the student canteen here, but semi-finished products were also made to make cooking at home easier. This was an innovative invention of the 1930s.”

    In Leningrad, four factory kitchens opened in 1930 alone. They were all standard: three or four floors, a basement and a semi-basement. The first floor was allocated for production facilities and a cloakroom for visitors, a convenience store, and a snack bar. The second floor was for simple dining rooms, the third for banquets.

    In total, eight factory kitchens were built in Leningrad — the most in the USSR. Four of them are recognized as architectural monuments. These are the Vyborg (Stalin) factory kitchen on Bolshoy Sampsonievsky Prospect 45/2, the Vasileostrovskaya factory kitchen on Bolshoy Prospect of Vasilievsky Island, 68, the Moscow factory kitchen (Leningrad Food Plant) on Moskovsky Prospect, 114, and the factory kitchen of the Polytechnic Institute dormitories on Kapitana Voronina Street, 13a, b, v.

    In 1932, a mechanical laundry building appeared on the territory, which also housed showers and a sanitary checkpoint.

    When the Great Patriotic War began, the student town became the place where the people’s militia was formed. On June 22, 1941, after Vyacheslav Molotov’s speech on the radio, students from all the surrounding dormitories gathered on the third floor of the factory kitchen and began to compile lists of volunteers. Here is how a participant in the storming of Berlin, later associate professor of the hydraulic machinery department, Ivan Nikolaevich Filatov, recalled it: “On June 22, Sunday, we were working in our room, and at 12:00 we were supposed to listen to the scheduled broadcast of Leningrad radio “Let’s not!..” – a satirical music program based on local material, and at the same time relax. But instead, the head of the Soviet government, V. M. Molotov, spoke, reporting on the treacherous attack of Nazi Germany and the beginning of military operations from the Black Sea to the Barents Sea. He ended his speech with a phrase that later became a catchphrase: “Our cause is just, the enemy will be defeated, victory will be ours!” Despite such an ending, everyone in the room was speechless – everything was unexpected. Then came the time of the highest excitement: I threw my notebooks in the corner, everyone quickly began to run out into the street. And there, near our factory-kitchen, students from all the buildings of our town gathered, a spontaneous rally began: everyone wanted to say their main word, to do something useful for the homeland, to stand up for its defense.”

    Here, in the dormitories of the student campus, in 1941 the 3rd rifle regiment of the Frunze division of the people’s militia and the 5th division of the people’s militia of the Vyborg district were formed.

    Nowadays, the People’s University Theatre “Glagol” is located on the fourth floor of the former factory kitchen.

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

    MIL OSI Russia News