Category: housing

  • MIL-OSI: OTC Markets Group Welcomes Torex Gold Resources Inc. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Torex Gold Resources Inc. (TSX: TXG; OTCQX: TORXF), an intermediate gold producer based in Canada, has qualified to trade on the OTCQX® Best Market. Torex Gold Resources Inc. upgraded to OTCQX from the Pink® market.

    Torex Gold Resources Inc. begins trading today on OTCQX under the symbol “TORXF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    About Torex Gold Resources Inc.
    Torex Gold Resources Inc. is an intermediate gold producer based in Canada, engaged in the exploration, development, and operation of its 100% owned Morelos Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometres southwest of Mexico City.

    The Company’s principal asset is the Morelos Complex, which includes the producing Media Luna Underground, ELG Underground, and ELG Open Pit mines, the development stage EPO Underground Project, a processing plant, and related infrastructure. Commercial production from the Morelos Complex commenced on April 1, 2016 and an updated Technical Report for the Morelos Complex was released in March 2022.

    Torex’s key strategic objectives are: deliver Media Luna to full production and build EPO; optimize Morelos production and costs; grow reserves and resources; disciplined growth and capital allocation; retain and attract best industry talent; and industry leader in responsible mining. In addition to realizing the full potential of the Morelos Property, the Company is seeking opportunities to acquire assets that enable diversification and deliver value to shareholders.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network

  • Succession plans for Iran’s Khamenei hit top gear

    Source: Government of India

    Source: Government of India (4)

    The clock’s ticking for senior clerics seeking a successor to Iran’s Supreme Leader Ayatollah Ali Khamenei.

    A three-man committee from a top clerical body, appointed by Khamenei himself two years ago to identify his replacement, has accelerated its planning in recent days since Israel attacked Iran and threatened to assassinate the veteran leader, five insiders with knowledge of the discussions told Reuters.

    Khamenei, 86, is being regularly briefed on the talks, according to the Iranian sources who requested anonymity to discuss highly sensitive matters. He has gone into hiding with his family and is being guarded by the Vali-ye Amr special forces unit of the Revolutionary Guards, a top security official said.

    The ruling establishment will immediately seek to name a successor to Khamenei if he is killed, to signal stability and continuity, according to the sources who acknowledged that predicting Iran’s subsequent political trajectory was difficult.

    A new leader will still be chosen for his devotion to the revolutionary precepts of the Islamic Republic’s late founder Ayatollah Ruhollah Khomeini, according to one insider, who is close to Khamenei’s office and privy to succession discussions.

    At the same time, the top echelon of power is also considering which candidate might present a more moderate face to ward off foreign attacks and internal revolts, the person said.

    Two frontrunners have emerged in the succession discussions, the five insiders said: Khamenei’s 56-year-old son Mojtaba, long seen as a continuity choice, and a new contender, Hassan Khomeini, grandson of the father of the Islamic revolution.

    Khomeini, a close ally of the reformist faction that favours the easing of social and political restrictions, nonetheless commands respect among senior clerics and the Revolutionary Guards because of his lineage, the sources added.

    “I once again humbly express that this small and insignificant servant of the Iranian people stands ready to proudly be present on any front or scene you deem necessary,” the 53-year-old said in a public message of support to the supreme leader on Saturday, hours before the U.S. bombed Iran’s nuclear facilities.

    Khomeini has come into the frame as a serious candidate this month amid the conflict with Israel and America because he could represent a more conciliatory choice internationally and domestically than Mojtaba Khamenei, the five people said.

    By contrast, Khamenei hews closely to his father’s hardline policies, according to the insiders who cautioned that nothing had been determined, candidates could change and the supreme leader would have the final say.

    However, with the military conflict continuing, it remains unclear whether any new leader could be chosen easily or installed securely or if he could assume the level of authority enjoyed by Khamenei, they added.

    Israeli strikes have also killed several of Iran’s top Revolutionary Guards commanders, potentially complicating a handover of power as the elite military force has long played a central role in enforcing the supreme leader’s rule.

    Khamenei’s office and the Assembly of Experts, the clerical body from which the succession committee was drawn, were not available to comment.

    TRUMP: KHAMENEI IS EASY TARGET

    Planning for an eventual handover was already in the works because of Khamenei’s age and the longstanding health concerns of a leader who has dominated all aspects of Iranian politics for decades, the sources said.

    The urgency of the task was underlined in September when Israel killed Hezbollah leader Sayyed Hassan Nasrallah, a close ally of Khamenei’s, and the planning accelerated significantly this month following the Israeli attacks on nuclear sites, which were followed by the American attacks at the weekend.

    “We know exactly where the so-called ‘Supreme Leader’ is hiding,” U.S. President Trump warned on social media last week, calling for Tehran’s unconditional surrender. “He is an easy target.”

    Khamenei hasn’t publicly expressed any preference for his successor. The sources said he had repeatedly opposed the idea of his son taking over, in succession discussions in the past, concerned about any suggestion of Iran returning to the kind of hereditary rule that ended with the ousting of the shah in 1979.

    The role of Supreme Leader was created after the revolution and then enshrined in the constitution giving a top cleric ultimate authority in guiding the elected president and parliament.

    Officially, the leader is named by the Assembly of Experts, made up of 88 senior clerics who are chosen through a national election in which a hardline watchdog body aligned with Khamenei must approve all the candidates.

    “Whether the Islamic Republic survives or not, it will be a very different one, because the context in which it has existed has fundamentally changed,” said London-based Iranian political analyst Hossein Rassam, adding that Hassan Khomeini could fit the bill for a leader to take Iran in a new direction.

    “The regime has to opt for someone who’ll facilitate slow transition.”

    Hassan Khomeini’s close links to the reformist faction of Iranian politics, which pursued an ultimately unsuccessful policy of opening Iran to the outside world in the 1990s, saw hardline officials bar him from running as a member of senior clerical body the Assembly of Experts in 2016.

    The succession planners are aware that Khomeini is likely to be more palatable to the Iranian population than a hardliner, the five insiders said. Last year he warned of a “crisis of rising popular dissatisfaction” among Iranians due to poverty and deprivation.

    By contrast, Mojtaba Khamenei’s views echo those of his father on every major topic from cracking down on opponents to taking a hardline with foreign foes, the sources said – qualities they saw as hazardous with Iran under attack.

    A mid-ranking cleric who teaches theology at a religious seminary in the city Qom, the centre of Iranian religious life, Mojtaba has never held a formal position the Islamic Republic, though exercises influence behind the scenes as the gatekeeper to his father, according to Iran watchers.

    The U.S. Treasury Department imposed sanctions on Mojtaba in 2019, saying he represented the Supreme Leader in “an official capacity despite never being elected or appointed to a government position” aside from working his father’s office.

    OTHER CANDIDATES FALL AWAY

    Several of the candidates long seen as possible successors to Khamenei have already died.

    Former presidents Hashemi Rafsanjani passed away in 2017, former judiciary chief Mahmoud Hashemi Shahroudi died of natural causes in 2018 and former President Ebrahim Raisi was killed in a helicopter crash in 2023. Another senior cleric Sadegh Amoli Larijani, has been sidelined.

    Others, such as the Assembly of Experts member Ayatollah Alireza Arafi, are still in contention but have fallen behind Mojtaba Khamenei and Hassan Khomeini, the five sources said.

    Beyond the most likely candidates, it’s also possible that a less prominent cleric could be chosen as a pawn of Revolutionary Guards, said Ali Vaez, Iran project director at the International Crisis Group think-tank.

    “It is possible that they would put forward a candidate that no one has ever heard of and would not really hold the same levers of power that Ayatollah Khamenei has held now for more than 30 years,” he said.

    The supreme leader’s voice is powerful.

    After the death of the Islamic Republic’s founder Ruhollah Khomeini in 1989, Khamenei was publicly hailed as his predecessor’s choice. Although he had already served as president, Khamenei was only a mid-ranking cleric and was initially dismissed by influential clerics as weak and an unlikely successor to his charismatic predecessor.

    However, he steadily tightened his grip to become Iran’s unquestioned decision-maker, relying on the Revolutionary Guards as he outmanoeuvred rivals and crushed bouts of popular unrest.

    (Reuters)

  • MIL-OSI United Kingdom: Health and Social Care Secretary speech at RCOG World Congress

    Source: United Kingdom – Government Statements

    Speech

    Health and Social Care Secretary speech at RCOG World Congress

    Health and Social Care Secretary Wes Streeting spoke at RCOG World Congress, announcing a national investigation into maternity and neonatal services.

    Well thank you, Ranee for your welcome, and thanks to the College for giving me this opportunity to address you today, and a warm welcome to those of you who’ve travelled from across the world to be here.

    The National Health Service began with a literal birth, Aneira Thomas, named after my predecessor, and Aneurin Bevan was born at one minute past midnight on the 5th of July, 1948.

    Since then, tens of millions of babies have been delivered by the NHS. Bringing new life into the world is a wonderful thing, and it’s great to be in a room full of the people who spend their professional lives supporting it. You know better than most that this is also a moment of risk and jeopardy for women and their babies, and that that risk is considerably higher than it should be because of the state of the crisis in our maternity and neonatal services here in the UK.

    Within the past 15 years, we’ve seen appalling scandals that blew the lid on issues ranging from care, safety, culture and oversight. Morecambe Bay, Shrewsbury and Telford, East. Kent, Nottingham. The last government responded with initiatives like Better Births in 2016 and the Maternity Transformation Programme. But despite improvements on some metrics, inequalities in maternal and neonatal outcomes have become more visible, not less.

    The rate of maternal deaths has been consistently rising. Babies of black ethnicity are still more than twice as likely to be stillborn than babies of white ethnicity, and black women are still 2 to 3 times more likely to die during pregnancy or shortly after birth than white women. Tragically, that gap is closing slightly, but partly because more white women are dying in childbirth. In September, the Care Quality Commission’s National Review of Maternity Services in England found that almost half of all trusts were rated as requiring improvement on safety. Another 18% were rated as inadequate.

    There is a widespread lack of staff and in some places a lack of potentially life-saving equipment, and some services don’t even record incidents that have resulted in serious harm. Taxpayers who are footing the bill for our failure to get a grip with everything else I’ve just said, it’s no wonder clinical negligence payouts have reached an all-time high £2.8 billion last year, with maternity accounting for 41% of all the money paid out.

    These are the facts. But behind these alarming statistics are people and the lives that have been taken from them. I spent a lot of time with victims of NHS maternity and neonatal scandals and failures during the last year. Listening. Listening to them share with a total stranger the most personal, painful accounts of their experiences and the trauma that occurs when we fail them. When I say we, I don’t just mean the maternity units that failed them. I mean NHS leaders and managers that put protecting their reputations over protecting patients. Or when we put legal advice that says do not admit liability over doing what is right by families. I mean the regulators who failed to hold them to account. And I mean politicians, including me, because the first step in putting this right is being honest about our own mistakes and failures.

    And the truth is, we’re not making progress fast enough on the biggest patient safety challenge facing our country. And I know what that means. Because of the many hours I’ve spent with families left completely traumatised by our failure to get it right every time. When I visit the Nottingham families they arranged themselves around the horseshoe table in date order, with those whose experience goes furthest back, sat to my left and the most recent sat to my right. The most recent was just last year, and I honestly dread the prospect of going to another meeting with another family arriving at that end of the table with another story to tell. This time, one that has happened on my watch.

    Across all of the meetings I’ve had every story is unique, but there are common themes. Some are there because their children died, some because their children suffered injuries that have left them with lifelong complications and disability. Others are women who suffered terrible life changing injuries during childbirth, or fathers left traumatised and unsupported with severe mental health challenges. I’ve seen photographs of their children. I’ve seen the ashes of their children in the tiniest little boxes, and I’ve also seen more courage than I could ever imagine mustering if I had to walk a day in their shoes. Carrying the weight of their trauma. All of them have had to fight for truth and justice. They describe being ignored, gaslit, lied to, manipulated, and damaged further by the inability for a Trust to simply be honest with them that something has gone wrong. They talk to me about the trauma that they experience compounded time and time again. When a hospital Trust or regulator simply turns their back on them, when all they’re searching for is answers.

    It’s their bravery that has brought me to the place that I am today. I want to say publicly how sorry I am sorry for what the NHS has put them through. Sorry for the way they’ve been treated since by the state. And sorry that we haven’t put this right yet. Because these families are owed more than an apology. They’re owed change, they’re owed real accountability, and they’re owed the truth. So today I’m setting out a different approach to the one that’s failed before. We’re going to do it with, rather than to these families. And we’re going to put the voices and experiences of mums, dads and children at the heart of our approach to improving quality, safety and accountability. Maternity safety will become the litmus test for all safety in the NHS. I’m taking personal responsibility for it as Secretary of State and as the staff leading maternity and neonatal services. I need your help because we’re a team and I can’t do this without you. I know the majority of births in England are safe, and I urge all women to engage with their maternity service and raise any concerns they may have about themselves or their baby.

    But for too long, those cases where things do go wrong have been swept under the carpet, and this cannot continue. I know I’m talking to an audience that will embrace this challenge. You will come to work every day to care for people. You are tired, tireless and dedicated in your work. I suspect you’re tired too, with the pressures you’re under. You go to work to do the right thing, and every day there are healthy babies being delivered safely, with moms receiving great care. But we also know that staff are being put in an impossible position far too often. It’s the moral dilemma I’ve heard from midwives, obstetricians and neonatologists across the country. They feel conflicted because they don’t feel their maternity ward or neonatal unit is delivering a safe service every time, and they don’t want to work in an unsafe environment. So they consider leaving. But they also tell me that if they walk away, they’d be letting it down even further.

    This is not a choice any member of staff should have to face. And I’m aware that there’s a risk that we further demoralize a workforce that’s already been on its knees and felt battered working in an NHS in crisis. I also worry about the risk of causing unnecessary fear or anxiety among mums going into labour, and the dads and loved ones holding their hands through the experience is a dilemma I wrestle with all the time. But I won’t do any of us any favours if we’re not honest about the scale of the challenge, so that we can provide a response able to meet it.

    Over the last year, I’ve been wrestling with how we tackle the problems in maternity and neonatal units. And I’ve come to the realization that while there is action we can take now, we have to acknowledge that this has become systemic. It’s not just a few bad units up and down the country. Maternity units are failing. Hospitals are failing. Trusts are failing. Regulators are failing. There’s too much obfuscation, too much passing the buck and giving lip service too much shrugging at a cultural problem that we fail to address. Because of that, we have enormously wide race and class inequalities in maternity care. Women, especially black, Asian, and working class women, are not listened to or given the chance to be advocates for their own health. We have an implicit message from the system that tells women not to have a miscarriage at the weekend. We have women who are classed as having a normal birth, still leaving, traumatised and scarred. And most concerning of all, we have the normalization of deaths of women and babies. We must stop and stop now with the mindset that these things just happen. Our inability to deal with this goes wider than maternity, in fact wider than our health service.

    It goes to the very core of how Britain responds to state failure. I should give a little context for my own outlook. I don’t have a conventional background for someone whose title is Right Honourable. I was born not far from here, actually, at the Mile End Hospital to teenage parents. I experienced poverty growing up and beside a loving family. The reason I’m stood here today is a member of the British Cabinet is because the state got it right, in my case, council housing. A great state education. A welfare state that clothed and fed me.

    [political content removed]

    But I also saw the way the state often treats people from backgrounds like mine. The way the DSS, the social security staff talk to my mum like she was dirt at the bottom of their shoes. The fights my grandmother used to have with Tower Hamlets Council when she ran the local tenants union. So I came into office with a healthy degree of cynicism and skepticism about the state. That doesn’t often come naturally to those of us with left wing politics who fundamentally believe in an active state.

    I’ll be honest with you, as I’ve listened to these family’s experiences of the state and NHS failure, that cynicism has boiled over into hot tears and real anger about what they’ve been put through and what they’re still living with. From the Horizon Post Office scandal to the infected blood scandal, the degradation of responsibility and trust in our institutions is compounding a cynicism and malaise at the ability of British politics, or even democracy, to deliver for people. This is a dangerous place for a country to be. If we do not admit the scale of the failure in maternity services, we’re condemning ourselves to etching that mistrust deeper. If we cannot admit openly that we as institutions and as a state have got this wrong, we will never be able to fix it or rebuild that trust. Too many children have died because of state failure, and I will not allow this to continue under my watch.

    [political content removed].

    So to face up to this, we have to change two fundamental things. First, we must ensure real accountability when things go wrong and give justice to those who’ve been wronged. Second, we must drive real improvements in maternity and neonatal care, which will require clear direction, a change of culture, and for all of us to mobilise as a team to get this right.

    Today I’m announcing a rapid national investigation of maternity and neonatal services, co-produced to include the families who have suffered the worst injustices of maternity care, modelled on the Darzi investigation into the state of the NHS. This will be an evidence-based investigation setting out what’s going wrong and priorities for action. It will look in detail at up to ten maternity units that are giving us greatest cause for concern. And it will report directly to me by Christmas.

    Crucially, the investigation team and terms of reference will be co-produced with the victims of maternity scandals. The investigation will also pull together the recommendations from the other reviews that have taken place to assess progress and provide clarity and direction for the future, so that everyone in the system knows what they’re working to.

    I’m currently discussing with Leeds families the best way to grip the challenges brought to light in that trust by their campaigning reports in the media and the latest CQC report, and I’ll be ordering an investigation into nine specific cases identified by families in Sussex who are owed a thorough account of what happened in those cases.

    I’m also establishing a National Maternity and Neonatal Task Force, which I will chair, bringing together experts, staff, campaigners and representatives of families to help me drive improvement across the NHS.

    We will call on international colleagues so that we understand what works and how to learn from the best and take to the rest, and the Royal College will have a really important role to play in that. I will also continue to meet families throughout the year, to give them a chance to hold me to account and provide them with a direct route to feedback.

    To me, the taskforce will answer some of the most pressing issues the families have put at the top of the list, namely, how can we ensure that women and their partners are always listened to when they raise concerns about their pregnancy or labour? What else should we be doing to save babies and women from dying or being severely harmed? How do we get better at spotting when things go wrong in units, and how do we tackle this before it grows?

    We’ll also bring in a package of measures to start taking action now, increasing accountability across the board and bringing in the cultural change we need to see within the next month. The NHS chief executive, Jim Mackey, and Chief Nursing Officer Duncan Burton will meet the trusts of greatest concern including Leeds, Gloucester, Mid and South Essex and Sussex to hold them to account for improvement working with the NHS leadership. I will set strong and consistent expectations for Trust Chairs, Chief Executives and Boards with overhauled oversight and performance framework and a new performance dashboard. We’ll roll out the new MOSS digital system to flag potential safety concerns and trust much earlier, and support rapid action and roll out a national maternity and neonatal inequalities data dashboard.

    Our ten year plan and upcoming Dash review will look to tackle this safety crisis at its root with an overhaul of the wider patient safety landscape. We will work to declutter this crowded landscape so that the patient experience works for patients again. I brought Mike Richards back to the CQC as chair to turn around that failing organisation, and I will work closely with him to make sure that the Commission is working effectively on behalf of patients and the public.

    Together, these measures will create real accountability, cut through the noise to prevent patterns spiralling and work towards tangible improvements for women and babies. I’m also going to do this with you, as well as the Royal College of Midwives and the other colleges and professional bodies. The Royal College has a reach across the globe and there are maternity professionals from many, many countries here today. These challenges and maternity care are not just in our country. I want to learn from the best systems internationally, and then to showcase how we are taking on the challenge of tackling inequalities across pregnancy and birth head on. Strong clinical leadership really matters. I can’t do this without you. I’m committed to doing this with you, not to you.

    So I know some of what I’ve said today will have been tough to hear, especially for people who give up their time early on a Monday morning to be here because you care about delivering safe and high quality care, and you take pride in your profession. Together, we’ll make sure that women and their partners feel heard and listened to, to make every birth a safe birth, to make high quality the hallmark of maternity services in this country, and to banish avoidable maternity and baby deaths to the history books. So I’m looking forward to working with you in that endeavour.

    Thank you very much.

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: “Digital platforms have become a key form of ensuring economic and cultural sovereignty”

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    © Mikhail Varushchev / Roscongress Foundation

    HSE Academic Director Yaroslav Kuzminov spoke at the SPIEF-2025 session “In Search of New Sources of Growth: Is a Different Model of Global Financial and Trade Architecture Possible?” The discussion was built around processes in the global economy related to the strengthening of multipolarity and the increasing role of new centers of global growth — states of the Global South and East. The participants discussed the potential and possibilities of a new model of international interaction.

    The global economy is often viewed as a dual system consisting of two large blocs, currently led by the United States and China. However, the world is much more complex, noted Yaroslav Kuzminov.

    “The collective West is trying to preserve itself as a single market system with single institutions, offering them to the rest of the world, but its foundation – free trade and unconditional protection of private property – is now being subjected to crushing blows from national and bloc protectionism. On the other hand, China, with all its economic and technological power, cannot act as the leader of the second world, it cannot gather around itself, as the United States did in its time or the Soviet Union did, other countries, because it is not free,” he said.

    The HSE academic director explained that American and Soviet leadership was based on two pillars: basic defense spending and economic preferences for allies. Now, countries are creating their own economies that are resilient to external influences. This implies the development of domestic production and the diversification of export markets. But this is not enough for sustainable economic growth, especially in the context of the global technological revolutions that are currently taking place.

    “The future is very uncertain, it is very difficult to make forecasts. If earlier the source of uncertainty was only future technologies, today it is geopolitical ruptures and geopolitical unions,” noted Yaroslav Kuzminov.

    In his opinion, the key argument for future technological power and future economic power is R

    “The problem of the center and the periphery arises, and this problem can only be solved by an extremely politically complex pooling of resources, pooling the efforts of different countries, which requires a degree of trust and a level of awareness of the common interest that, in my opinion, is simply impossible to achieve now. In these conditions, almost all technological innovations are developed within national frameworks, and this is where the problem of the “golden nail” arises. The “golden nail” is the problem of a deficit in the scale of the market. We can offer any breakthrough things, but if our market is limited to hundreds of millions of people and we compete with companies that have a market of billions of people, we will still have a “golden nail”. Therefore, it is necessary to single out those companies, those technological areas that correspond to the scale of the politically accessible market, and in other cases talk about localizing transnational companies in their sales markets, setting requirements for these companies to operate in national markets. I would call this the internal rooting of transnational companies ready to work with national jurisdictions,” says Yaroslav Kuzminov.

    At the same time, he noted that completely new solutions are not in the sphere of technology, the market is growing not only due to them. First of all, this is logistics: logistics chains have changed, two political zones of rupture have formed between the EU and Russia and in the Middle East. In these conditions, opportunities arise for countries such as Malaysia, Vietnam and India, which act as trade hubs.

    The most important elements of global changes are also related to the human capital of the golden billion countries, the HSE scientific director said. If in the countries of the collective West the share of the middle class is decreasing due to the share of families requiring state support, including migrants, then in the countries of Asia and the South it has grown to a third of the population, in Russia it is also about 35%.

    The middle class is people who can and want to choose, and who have the income and education to do so. The growth of the middle class leads to the formation of political and cultural innovations that act as economic drivers to the same extent as technological solutions. Middle class consumption acts as an economic driver along with heavy technological innovations.

    The second engine is the digital economy, which has received a new lease of life thanks to economically significant digital platforms. “Digital platforms have become a key form of ensuring economic and cultural sovereignty, and countries that underestimate their role will lose strategically,” Yaroslav Kuzminov summed up. The US, China, and Russia have their own platforms and digital ecosystems, he emphasized.

    The Global South is more diverse than the Soviet and Western systems of the past, it includes many regions with different levels of development and has not yet formed structurally, believes Andrey Kostin, President and Chairman of the Management Board of VTB Bank. Despite the fact that today the BRICS countries produce no less than the G7 countries, the entire financial infrastructure is controlled by Western countries and has ceased to be effective due to the fact that the balance of power has changed.

    “Due to the fact that the South is complex in itself, the internal relations are very difficult, we are still moving slowly. We need to create our own alternative center of the Global South and use settlements in national currencies. Sooner or later we will have to come to some denominator, we will have to create our own financial market infrastructure, because the current financial system meets exclusively the interests of the West. There are calculations that the BRICS countries lose about 30 billion a year on settlements through the dollar system. Perhaps the countries would survive this, but the political pressure that is exerted with the help of the dollar is, of course, unacceptable,” he said.

    Deputy Prime Minister of the Russian Federation Alexey Overchuk noted the importance of developing integration in the post-Soviet space. “We strive first and foremost to try to create conditions for reducing the costs of our producers of goods and services here, at home, inside. We started with measures to protect our own market and create a single customs circuit in order to control the market inside, develop relevant technical regulations, standards and reduce barriers as much as possible. And we have largely achieved this: trade within the CIS is developing much faster than trade with countries of the outside world,” he emphasized.

    At the same time, work is actively underway to develop international transport corridors to the markets of the Global South and to conclude agreements on free trade zones in order to provide the most comfortable environment for the promotion of Russian goods.

    The founder of En Group, Chairman of the Supervisory Board of the P.A. Stolypin Institute for Growth Economics Oleg Deripaska believes that the task of doubling the Russian economy over the next 12 years is quite realistic. To do this, it is necessary, among other things, to create competitive production in aviation and transport power engineering. He called on businesses not to wait for the end of geopolitical tensions, but to actively develop now, in the current conditions.

    Russian Finance Minister Anton Siluanov noted that BRICS financiers are currently working in three main areas: the creation of cross-border payment, inter-depository, insurance and reinsurance infrastructure.

    The issue of the need to create a BRICS depository infrastructure was raised by Russia during its presidency of the association. However, this issue is not easily resolved. “We see that many countries are wary of investments, of settlements with our country, but I want to say that the question of how profitable it is, how profitable it is, is always at issue here. The desire to earn money solves any problem,” he explained.

    Anton Siluanov also spoke in favor of joint recognition of rating agencies within the BRICS framework. The head of the Ministry of Finance noted that partners from China are already very actively applying their rating assessments to business, including in Russia.

    In addition, the session was attended by the Minister of Foreign Trade of Qatar Ahmad bin Mohammed Al Sayed, Chairman of the Board of Directors of the African Export-Import Bank Benedict Okey Oramah and President of the Black Sea Trade and Development Bank Serhat Koksal.

    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

  • MIL-OSI Asia-Pac: Speech by CE at Greenway 2025 – Accelerating Changes (English only) (with photos/video)

    Source: Hong Kong Government special administrative region

         â€‹Following is the speech by the Chief Executive, Mr John Lee, at Greenway 2025 – Accelerating Changes today (June 23):
     
    Your Excellency Ambassador Harvey Rouse (Ambassador and Head of Office of the European Union to Hong Kong), Mr Iñaki Amate (Chair of the European Chamber of Commerce in Hong Kong), consuls-general, heads of chambers, ladies and gentlemen,
     
         Good afternoon. It is a great pleasure to join you, once again, at the Greenway forum, the fourth edition, this year under the theme of “Accelerating Changes”. And, as before, it’s organised by the European Union Office to Hong Kong and Macao, and the European Chamber of Commerce in Hong Kong.
     
         The European Union (EU) has long been one of Hong Kong’s long-standing business partners. Hong Kong takes pride in being home to 1 640 EU (European Union) companies, which makes the EU the largest foreign business community in Hong Kong. Thank you and welcome indeed.
     
         Alongside business, we come together in so many others areas of mutual interest, from education and cultural exchange to innovation and technology pursuits. And, yes, to the environment – to global warming and all the complexities it entails.
     
         Because climate change affects us all, it must involve us all. Each and every one of us.
     
         The World Meteorological Organization’s latest report, published last month, notes that there is a 70 per cent chance that the five-year average warming, for 2025 to 2029, will exceed 1.5 degrees Celsius. That’s up significantly from the 47 per cent chance forecast in its report last year. So from a 47 per cent chance the forecast jumped to 70 per cent.
     
         Allow me, for the next few minutes, to tell you what Hong Kong is doing to work against the universal threat of climate change, and to achieve climate neutrality.
     
         Since Hong Kong reached its carbon peak, in 2014, our carbon emissions have dropped by about a quarter. In 2023, our per capita carbon emissions were about 4.58 tonnes. To put that in perspective, it is 60 per cent of the EU’s emissions, so we aren’t doing too badly, and only one quarter of that of the United States.
     
         Hong Kong is well on its way to cutting its carbon emissions in half by 2035, achieving carbon neutrality before 2050, which is our stated goal.
     
         Last week, we welcomed the news that Hong Kong is once again one of the world’s top three most-competitive economies. We are dedicated to decarbonising this international financial, shipping and trade centre while keeping up with our competitiveness. And we do that by engineering green transformation through innovation.
     
         Hong Kong’s prowess in financial services places us, favourably, in becoming Asia’s premier hub for green and sustainable finance. With our financing platforms, we could help to mobilise the capital for climate solutions, while ensuring robust integrity within our financial markets.
     
         Last year, the total green and sustainable debts issued in Hong Kong exceeded US$84 billion. And the volume of green and sustainable bonds arranged here amounted to US$43 billion. That places us first in the Asian market for seven years in a row, capturing 45 per cent of the region’s total.
     
         Our regulatory framework is fundamental to creating a sustainable finance ecosystem. The Hong Kong Monetary Authority published the Hong Kong Taxonomy for Sustainable Finance last year, aligning our taxonomy with the two mainstream taxonomies of the Mainland and the European Union. Encompassing economic activities in power generation, transportation, construction, and water and waste management, it will facilitate green finance flows and promote sustainable development.
     
         Like our economy, Hong Kong’s resolve to green transformation goes beyond finance. Consider green transport, a transformation moving into the fast lane on our roads. The adoption of electric vehicles has been remarkable.
     
         Just five years ago, Hong Kong was home to about 14 000 electric vehicles. By the end of last year, that number had surged to about 110 000, that’s seven times more.
     
         Today, seven out of every 10 newly registered private cars in our city are electric. That, ladies and gentlemen, is among the highest growth rates in the world.
     
         Vehicles, of course, are only one part of a complex equation. An extensive and convenient charging network is the backbone of any electric vehicle revolution.
     
         Our strategy is people-centric, recognising that the best place to charge is at home or at the workplace. Through our EV-charging at Home Subsidy Scheme, we expect to see charging infrastructure installed in about 140 000 parking spaces in private residential buildings by the 2027-28 financial year. That will enable a smooth and non-disruptive electric vehicle transition for thousands of households.
     
         As for our world-class public transport system, we have unveiled a clear Green Transformation Roadmap for public buses and taxis.
     
         Through targeted subsidy schemes, that will fast-track the introduction of about 600 electric buses and 3 000 electric taxis. We are managing the transition in an orderly manner, using incentives rather than penalties, to ensure that our green ambitions don’t translate into additional costs for passengers.
     
         Our vision for green mobility goes well beyond the road. As one of the world’s premier aviation hubs, we’re looking to the skies, too, to chart the green way to our transport future.
     
         Sustainable Aviation Fuel, or SAF, is critical to the long-term future of air travel. It’s also essential to ensuring Hong Kong’s continuing leadership in aviation.
     
         SAF has the potential to reduce life-cycle carbon emissions by more than 80 per cent compared to conventional jet fuel. The Hong Kong SAR (Special Administrative Region) Government is working closely with the Airport Authority to set a clear target for SAF consumption.
     
         Globally, SAF supply is limited, and the cost remains high. And we see this as an opportunity for Hong Kong to innovate and lead.
     
         We are exploring a range of supply options, including collaborations with enterprises in the Mainland and internationally. Our goal is to establish a stable and competitive regional supply chain for SAF, taking advantage of our unique position within the Guangdong-Hong Kong-Macao Greater Bay Area. It will accelerate the decarbonisation of our aviation industry and provide greener travel options.
     
         Our green ambitions also extend to the iconic Victoria Harbour, a vital artery for our city. Our Pilot Scheme for Electric Ferries will shape the future of maritime transport.
     
         With a commitment of HK$350 million, the Government is subsidising the construction of new electric ferries and their charging infrastructure, allowing operators to test the new green technology in local waters with full support.
     
         The first two of these pioneering vessels are already navigating Victoria Harbour, following rigorous testing.
     
         Beyond the local waters, we are greening the vast shipping lanes that connect Hong Kong to the world. Hong Kong is already a top 10 port for vessel refuelling.
     
         To build on this, we launched an Action Plan on Green Maritime Fuel Bunkering late last year, with the goal of transforming Hong Kong into a leading international centre for green maritime fuel bunkering.
     
         Industry response has been overwhelmingly positive, with key partners worldwide expressing strong interest in developing the services here. Hong Kong will spearhead the global effort in decarbonising shipping and, in doing so, create new economic opportunities. Something my good friend has already said: “Green actually means business.”
     
         When it comes to environmental connectivity, I’m pleased to note that EU companies play an important role in Hong Kong’s waste management and recycling facilities.
     
         And I look forward to the expertise and support of EU companies in the Northern Metropolis, our new engine for growth dedicated to green living, and the area’s long-term green development.
     
         Ladies and gentlemen, Hong Kong has an iconic skyline. It also holds a treasure of having some 40 per cent of its land pulsing as the city’s green lungs, with country parks breathing life into our metropolis, conservation areas cradling biodiversity little seen in other global financial hubs.
     
         This is Hong Kong’s defining paradox: where business and ecology coexist in symphony. For us, economic dynamism and environmental stewardship aren’t just compatible – they’re dual engines propelling our future. We balance development with sustainability. And we will do all we can to work with other places, the EU very much included, on the green way forward.
     
         I look forward to building strong ties with the EU, to finding solutions to climate change, to creating far-reaching opportunities for us all.
     
         My thanks to the organisers, the European Union Office to Hong Kong and Macao and the European Chamber of Commerce in Hong Kong. I’m grateful, too, to today’s supporting organisations – the Business Environment Council, the Consulate General of Sweden and the Hong Kong General Chamber of Commerce.
     
         I am certain you will enjoy today’s Greenway forum, and I look forward to our continuing, rewarding, co-operation in the years to come. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: £380 million boost for creative industries to help drive innovation, regional growth and investment

    Source: United Kingdom – Executive Government & Departments

    Press release

    £380 million boost for creative industries to help drive innovation, regional growth and investment

    Thousands of creative professionals and businesses across the UK are set to benefit from a new £380 million investment package as part of the Creative Industries Sector Plan.

    • £380 million in targeted funding to support innovation, access to finance, R&D, skills and regional growth across the UK as part of Creative Industries Sector Plan

    • Sector Plan set to nearly double business investment in creative industries to £31 billion by 2035 with 2,000 new film and TV apprenticeships to be delivered

    • Comes as part of Industrial Strategy which sets out government’s ten-year plan to make the UK the best place to do business and unlock growth as part of the Plan for Change

    • New Creative Content Exchange will be a marketplace to sell, buy, license and enable permitted access to digitised cultural and creative assets

    From grassroots music venues to world-class film studios, thousands of creative professionals and businesses across the UK are set to benefit from a new £380 million investment package.

    The investment underpins the Creative Industries Sector Plan, which sets out a clear direction on how the Government aims to build a sector that drives regional growth, is financially resilient and is globally competitive.

    Published alongside the Government’s Industrial Strategy today (23 June), the plan outlines a bold vision to nearly double business investment in the sector by 2035 – from £17 billion to £31 billion – cementing the UK’s position as a global creative superpower.

    The £380 million package is part of the wider plan to deliver targeted investment to create thousands of new jobs and opportunities in sub-sectors like film and TV, music, performing and visual arts, video games and advertising, while generating economic growth in six regions outside London over the next three years.

    The wider plan also includes a significant increase in support available from the British Business Bank (BBB), as part of its £4 billion Industrial Strategy Growth Capital, which will help creative businesses grow and create jobs.

    The Sector Plan aims to make the UK the best place globally to invest in creativity and drive innovation and tech adoption by 2035, with targeted support for:

    • A £150 million Creative Places Growth Fund for six regions outside London, empowering local Mayors to support creative businesses in their communities with access to finance, mentoring and networking opportunities to help them connect with investors and skills programmes. 
    • At least £50 million for a new wave of Creative Industries Clusters across the UK to accelerate research and development, doubling investment from UK Research and Innovation (UKRI) in clusters to £100 million. Clusters bring together universities, businesses, local and regional policymakers, and private funders to drive research, innovation and growth in the creative industries.
    • £25 million for five new innovative UKRI CoSTAR R&D labs and two showcase spaces, which will develop cutting-edge technologies like those used in Abba Voyage and award-winning theatre productions such as last year’s Olivier Award-winning stage adaptation of The Picture of Dorian Gray.

    Building on the Government’s commitment to ensure a robust copyright regime and support UK IP, the plan includes the establishment of a Creative Content Exchange. It will act as a trusted marketplace for selling, buying, licensing and enabling permitted access to digitised cultural and creative assets, opening up new revenue streams for content owners.

    The industry plan responds directly to what the sector has said it needs – better access to finance, stronger skills pipelines, and support for innovation – and lays out a roadmap to deliver it.

    This includes upskilling the next generation of creative talent through a £10 million investment in the National Film and Television School (NFTS) which will help to train 2,000 new trainees and apprentices over the next decade – backed by industry giants such as the Walt Disney Company, the Dana and Albert R. Broccoli Foundation, and Sky.

    The investment will also go towards a new £9 million creative careers service, which will help raise awareness of opportunities and provide pathways into the sector for young people. 

    The UK’s leading creative industries, recognised across the world, are a major driver of economic growth as part of the Plan for Change – driving in £124 billion a year to our economy and employing 2.4 million people across the UK. Over the last decade the sector has increased its output more than one and a half times faster than the rest of the economy.                  

    Culture Secretary Lisa Nandy said:

    Our creative industries are powerful economic drivers in this country. By placing them at the heart of our Industrial Strategy this Sector Plan, backed by £380 million of investment, will boost regional growth, stimulate private investment, and create thousands more high-quality jobs.

    This Sector Plan will help nearly double business investment to £31 billion by 2035, supporting our mission to raise living standards everywhere as part of our Plan for Change, ensuring the UK remains the world’s creative powerhouse.

     Business and Trade Secretary Jonathan Reynolds said:

    The UK’s creative industries are world-leading and have a huge cultural impact globally, which is why we’re championing them at home and abroad as a key growth sector in our Modern Industrial Strategy.

    We’ve seen the power of investment, with this Government welcoming around £100 billion into the UK since taking office, and our Strategy will not only ensure that the UK is the best country to invest and do business in, but deliver economic growth that puts more money in people’s pockets.

    Sir Peter Bazalgette, Co-Chair, Creative Industries Council, said: 

    This ambitious plan for growth represents a coming of age for the creative sector. Crucially the plans for R&D funding and Access to Finance for SMEs are exciting step changes.

    Baroness Shriti Vadera, co-chair of the Creative Industries Council, said: 

    This strategy recognises that the UK Creative Industries are one of the most innovative sectors in the UK economy and have a strong comparative advantage internationally. The work now begins to cement their role as a driver of growth and a global creative super power.

    The investment also includes tailored packages for high-growth sub-sectors through:

    • A £75 million Screen Growth Package supporting UK content development and international investment, and showcasing the best of UK and international film. This includes an enlarged UK Global Screen Fund and scaled-up BFI Film Academy to support 16–25 year olds from underrepresented backgrounds to enter the film industry.
    • A Music Growth Package worth up to £30 million, helping emerging artists break through at home and abroad. Measures will create new touring, performance, mentoring and export opportunities for emerging talent, while also delivering a significant uplift in funding for the grassroots sector to support small venues and help them to platform more high-potential artists.
    • A £30 million Video Games Growth Package, backing the next generation of start-up games studios and developers. This will drive inward investment in the sector through expansion of the UK Games Fund (UKGF) as well as new support for the London Games Festival.

    The Sector Plan also includes support for emerging fashion designers through the British Fashion Council’s NEWGEN programme, to help them showcase their work at London Fashion Week and secure business mentoring.

    The Creative Industries Sector Plan maps out in detail how the Government will support the sector to grow even further over the next decade through a focus on boosting regional growth, innovation, access to finance, skills and exports.

    It will also see the Department for Business and Trade ramp up the number of creative trade missions and markets it targets, such as in the Asia-Pacific. Funding will be increased for major creative trade shows such as SXSW and Cannes Lions.

    The Sector Plan was developed in partnership with the Creative Industries Taskforce, Creative Industries Council, businesses, devolved governments, and regional stakeholders. It builds on the recent £270 million Arts Everywhere Fund supporting cultural venues across the nation.

    ENDS

    Notes to editors:

    • The full Creative Industries Sector Plan can be found here.
    • The British Business Bank (BBB) is a state-owned economic development bank established by the UK Government. Its aim is to increase the supply of credit to small and medium-sized businesses and provide business advice services.
    • The BBB has significantly increased its support for the creative industries as part of its £4 billion Industrial Strategy Growth Capital, including through support with debt and equity finance. 
    • The new £150 million Creative Places Growth Fund will be devolved to six Mayoral Strategic Authorities: West Midlands, West of England, West Yorkshire, the North East, Liverpool City Region and Greater Manchester. 
    • CoSTAR labs and the Creative Industries Clusters are delivered by the UKRI Arts and Humanities Research Council.
    • The new Music Growth Package worth up to £30 million follows the Government advocating for an industry-led levy on stadium and arena tickets to support grassroots music. 
    • The establishment of a Creative Content Exchange will act as a trusted marketplace for selling, buying, licensing and enabling permitted access to digitised cultural and creative assets. This new marketplace will open up new revenue streams and allow content owners to commercialise and financialise their assets while providing data users with ease of access.
    • The Sector Plan follows the Government’s recent announcement of more than £270 million that will be invested in arts venues, museums, libraries and heritage buildings as part of the Arts Everywhere Fund, to help organisations in need of support to stay up and running, carry out vital infrastructure work and improve their financial resilience.

    Further quotes

    Caroline Norbury, Chief Executive, Creative UK, said:

    The Sector Plan signals that the creative industries are central to the UK’s growth story. From freelancers to scale-ups, this is a step towards the joined-up support our sector needs – and Creative UK stands ready to work with government and industry partners to turn ambition into action. 

    As we move into delivery mode, it’s essential that all parts of the sector – from cultural organisations to creative tech firms – are empowered to grow, invest and contribute fully to the UK’s economic future.

    Ben Roberts, Chief Executive, BFI, said:

    We welcome the Government’s decision to put the creative industries at the centre of its growth strategy. The UK’s screen sector is already a global leader, generating billions for the economy and pioneering new ideas. 

    With a firm focus on developing the sector across the UK, this investment can unlock fresh opportunities – from growing the sector’s talent pool and strengthening creative clusters nationwide, to opening new international markets for UK screen businesses and advancing creative technology innovation, including the CoSTAR work which the BFI is proud to be a partner on.

    UK Music Chief Executive Tom Kiehl said:

    UK Music welcomes the Government’s creative industries sector plan and the important status that it gives to music. The plan rightly recognises our world-beating £7.6 billion music sector as an essential high growth driving part of the creative industries.

    It is hugely welcome that funding packages and programmes are being made available to turbocharge the music industry and we are incredibly excited at the opportunity to be working with the Government to deliver on this.

    Barbara Broccoli, EON Productions, said:

    I’m thrilled the Government is joining forces with the National Film and Television School as part of its Industrial Strategy. The NFTS is a world-class institution that has trained some of the most talented members of our industry and I’m especially pleased this investment will focus on much needed support for persons with disabilities.

    Cecile Frot-Coutaz, CEO, Sky Studios and Chief Content Officer, Sky, said:

    Sky is proud to support the National Film and Television School’s expansion plans and growth ambitions, as part of the Government’s Industrial Strategy. As one of the world’s leading institutions for film, television and games, the NFTS plays a vital role in developing the UK’s creative talent. Our investment underscores our commitment to skills development and sector growth, and we’re excited to see future generations benefit from the school’s outstanding work.

    Jon Wardle, Director, National Film and Television School, said:

    The real world impact of the Sector Plan in action will be felt through the NFTS’s expanded ability to train world-class, diverse talent and fuel growth in a sector where the UK is a global leader. In a challenging climate for the creative industries, the support from the government isn’t just welcome, it’s strategic.  This investment in the NFTS reinforces a commitment to skills, innovation, and the long-term future of the creative economy.

    Wayne Garvie, President International Production, Sony Pictures Television, said:

    The NFTS is an unparalleled training ground for British creativity and it’s wonderful that the Government both recognises the importance of the film and television sector in its Industrial Strategy and the role the NFTS plays in developing the next generation of great British creative talent.

    Darren Henley, Chief Executive, Arts Council England, said:

    Ambition, excellence and innovation are the golden threads that run through the work of our artists, musicians, dancers, actors, writers, directors and producers. It’s what we’re famous for here at home and on the international stage. This new plan highlights the breadth and brilliance of our nation’s creative professionals and cultural organisations. It provides a roadmap for supercharging the growth of our sector and for nurturing the next generation of British talent, creating jobs across the country and delighting audiences here and around the globe.

    Andrew Georgiou, President & Managing Director for Warner Bros. Discovery UK & Ireland and Warner Bros. Discovery Sports Europe, said:

    We welcome this announcement confirming the government’s commitment to invest £375 million to turbocharge the UK’s creative industries. Their mission to drive growth across the country, unlocking new jobs and enabling talent to thrive in every nation and region, strongly resonates with Warner Bros. Discovery. 

    We have a proud UK heritage – present for over 90 years, with a significant employee base which extends North to South across 5 cities. The UK is our biggest base outside of the US and, in our view, one of the best places in the world to do business. We remain committed to the UK and our ambition to grow and strengthen our sector and welcome the government’s announcement to do this. We look forward to a continued and productive relationship between Government and the industry.” 

    Alison Lomax, Managing Director for YouTube UK & Ireland, said: 

    We welcome the Creative Industries Sector Plan’s commitment to a robust framework for creatives across the UK. It’s particularly encouraging to see the government acknowledge the digital creator economy’s vital role in driving growth for our creative industries. By embracing new distribution models that boost our cultural exports, this vision will solidify the UK’s position as a global cultural superpower.

    Nick Poole OBE, Chief Executive, Ukie, said:

    On behalf of the UK’s world-leading video game and interactive entertainment sector, we welcome the measures set out today by the Government to supercharge our Creative Industries as part of the Industrial Strategy. Today’s announcement is both a validation of the huge cultural and economic impact of video games and an opportunity to show the world we are open for business.” 

    Stephen Woodford, CEO, Advertising Association, said:

    Our industry welcomes the recognition of advertising as a priority sector for growth in the Creative Industries Sector Plan – we are a world leader in creativity as proven by our successful performance once again at Cannes Lions this year. 

    This strategy is a platform for growth for the next decade across our regions and nations. We welcome the incentives to attract new talent to join our industry, and we commit to working together to strengthen work that helps businesses innovate, compete in the UK and internationally, and create jobs.

    Professor Christopher Smith, UKRI Creative Industries Champion, and Executive Chair of the UKRI Arts and Humanities Research Council, said:

    The creative industries are a powerful engine for growth in the UK economy but they are also vital for scientific advance. This Spending Review commits UKRI to a coherent and concerted strategic investment, from the UK’s national capability for the creative industries, CoSTAR, to the Creative Industries Clusters Programme and beyond.

    The deep synergies between creative content and the most cutting-edge science in universities and R&D intensive businesses across the UK place creative industries at the heart of UKRI’s commitment to excellent science for a growing economy.

    Professor Hasan Bakhshi MBE, Director of the Creative Industries Policy and Evidence Centre and Professor of Economics of the Creative Industries at Newcastle University, said:

    Today’s new Sector Plan for the creative industries sets out the Government’s priorities for the next 10 years, and the Creative PEC – thanks to our funder, the AHRC – stands ready to provide policymakers and industry with the data and evidence they need to enact it. 

    The commitment to increase public investment in creative industries R&D is especially important, alongside the prioritisation of the sector by the British Business Bank. Also welcome is HMRC’s clarification that arts activities that directly contribute to scientific advance by resolving scientific or technological uncertainties fall within the definition of R&D for R&D tax reliefs. Together these measures should have a catalytic effect in driving more private finance into the sector.

    Mel Sullivan, Chief Executive, Framestore, said:

    The UK is home to highly skilled and exceptionally creative artists, technologists, and thinkers who push the boundaries of what’s possible. The Creative Industries Sector Plan is a powerful show of support to those working in visual effects, film, TV, advertising, and immersive experiences. It will release unlocked potential and open doors to a new wave of talent across the country, giving them the confidence to build their skills, ideas, and innovations here, cementing the UK’s position as a global leader for years to come.

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Powering Britain’s Future

    Source: United Kingdom – Executive Government & Departments

    Press release

    Powering Britain’s Future

    Electricity costs for businesses – including potentially hundreds in Scotland – to be slashed as Industrial Strategy launched to unlock investment and new jobs

    More than 7,000 British businesses are set to see their electricity bills slashed by up to 25% from 2027, as the Government unveils its bold new Industrial Strategy today [Monday 23 June].

    The modern Industrial Strategy sets out a ten-year plan to boost investment, create good skilled jobs and make Britain the best place to do business by tackling two of the biggest barriers facing UK industry – high electricity prices and long waits for grid connections.

    British manufacturers currently pay some of the highest electricity prices in the developed world while businesses looking to expand or modernise have faced delays when it comes to connecting to the grid.

    For too long these challenges have held back growth and made it harder for British firms to compete. Today’s announcement marks a decisive shift — with government stepping in to support industry and unlock the UK’s economic potential.

    From 2027, the new British Industrial Competitiveness Scheme will reduce electricity costs by up to £40 per megawatt hour for over 7,000 electricity-intensive businesses in manufacturing sectors like automotive, aerospace and chemicals. Hundreds of Scottish businesses could be in line to benefit.

    These firms, which support over 300,000 skilled jobs, will be exempt from paying levies such as the Renewables Obligation, Feed-in Tariffs and the Capacity Market — helping level the playing field and make them more internationally competitive. Eligibility and further details on the exemptions will be determined following consultation, which will be launched shortly.

    The government is also increasing support for the most energy-intensive firms — like steel, chemicals, and glass — by covering more of the electricity network charges they normally have to pay through the British Industry Supercharger. These businesses currently get a 60% discount on those charges, but from 2026, that will increase to 90%. This means their electricity bills will go down, helping them stay competitive, protect jobs, and invest in the future.

    This will help around 500 eligible businesses in sectors such as steel, ceramics and glass reduce their costs and protect jobs in industries that are the backbone of our economy and will be delivered at no additional cost to the taxpayer. The support for steel manufacturing is crucial as it’s a critical enabling industry for Scotland’s world leading defence and renewable energy sectors.

    These reforms complement the government’s long-term mission for clean power, which is the only way to bring down bills for good by ending the UK’s dependency on volatile fossil fuel markets.

    To ensure businesses can grow and hire without delay, the government will also deliver a new Connections Accelerator Service to streamline grid access for major investment projects — including prioritising those that create high-quality jobs and deliver significant economic benefits.

    We will work closely with the energy sector, local authorities, Scottish and Welsh Governments, trade unions, and industry to design this service, which we expect to begin operating at the end of 2025. New powers in the Planning and Infrastructure Bill, currently before parliament, could also allow the Government to reserve grid capacity for strategically important projects, cutting waiting times and unlocking growth in key sectors.

    The Industrial Strategy is a 10-year plan to promote business investment and growth and make it quicker, easier and cheaper to do business in the UK, giving businesses the confidence to invest and create 1.1 million good, well-paid jobs in thriving industries – delivering on this government’s Plan for Change.

    Prime Minister Keir Starmer said:

    This Industrial Strategy marks a turning point for Britain’s economy and a clear break from the short-termism and sticking plasters of the past.

    In an era of global economic instability, it delivers the long term certainty and direction British businesses need to invest, innovate and create good jobs that put more money in people’s pockets as part of the Plan for Change.

    This is how we power Britain’s future – by backing the sectors where we lead, removing the barriers that hold us back, and setting out a clear path to build a stronger economy that works for working people. Our message is clear – Britain is back and open for business.

    Scottish Secretary Ian Murray today visited a new industrial development in East Lothian, on the site of a former coal-fired power station. The redevelopment site is partly funded by an £11 million UK Government investment, and includes the construction of a new interconnecter to take power from the Inchcape offshore wind farm to the National Grid. 

    Also joint Department for Business and Trade/HM Treasury Minister for Investment, Baroness Poppy Gustafsson, will meet senior figures from Dundee’s life sciences and tech, gaming, and creative sectors later. 

    Speaking ahead of his visit Mr Murray said:

    Scotland is rightly at the heart of the UK Government’s Industrial Strategy with our businesses and expertise integral to further creating jobs and economic growth through the eight sectors identified.

    Advanced manufacturing, clean energy, creative Industries, defence, digital and technologies, financial services, life sciences and professional and business services, Scotland excels at them all. But we have the potential to go much further. And by slashing electricity costs for Scottish businesses, increasing business investment and cutting red tape the UK Government is helping turbocharge the economy, create jobs and put more money in the pockets of working Scots as part of our Plan for Change.

    We have a proud industrial heritage and with this new comprehensive 10 year strategy Scotland and the wider UK has an exciting future.

    Chancellor of the Exchequer Rachel Reeves said:

    The UK has some of the most innovative businesses in the world and our Plan for Change has provided them with the stability they need to grow and for more to be created.

    Today’s Industrial Strategy builds on that progress with a ten-year plan to slash barriers to investment. It’ll see billions of pounds for investment and cutting-edge tech, ease energy costs, and upskill the nation. It will ensure the industries that make Britain great can thrive. It will boost our economy and create jobs that put more money in people’s pockets.

    Business and Trade Secretary Jonathan Reynolds said:

    We’ve said from day one Britain is back in business under this government, and the £100 billion of investment we’ve secured in the past year shows our Plan for Change is already delivering for working people.

    Our Modern Industrial Strategy will ensure the UK is the best country to invest and do business, delivering economic growth that puts more money in people’s pockets and pays for our NHS, schools and military.

    Not only does this Strategy prioritise investment to attract billions for new business sites, cutting-edge research, and better transport links, it will also make our industrial electricity prices more competitive.

    Tackling energy costs and fixing skills has been the single biggest ask of us from businesses and the greatest challenge they’ve faced – this government has listened, and now we’re taking the bold action needed. Government and business working hand in hand to make working people better off is what this Government promised and what we will deliver.

    Energy Secretary Ed Miliband said:

    For too long high electricity costs have held back British businesses, as a result of our reliance on gas sold on volatile international markets.

    As part of our modern industrial strategy we’re unlocking the potential of British industry by slashing industrial electricity prices in key sectors.

    We’re also doubling down on our clean power strengths with increased investment in growth industries from offshore wind to nuclear. This will deliver on our clean power mission and Plan for Change to bring down bills for households and businesses for good.

    The Supercharger and British Industrial Competitiveness Scheme will be funded through reforms to the energy system. The government is reducing costs within the system to free up funding without raising household bills or taxes and intends to also use additional funds from the strengthening of UK carbon pricing, including as a result of linking with the EU carbon market.

    We have set out an intention to link emissions trading systems, as part of our new agreement with the European Union to support British businesses. Without an agreement to do this, British industry would have to pay the EU’s carbon tax.

    We intend to link our carbon pricing system with the EU’s, we will ensure that money stays in the UK—which allows us to support British companies and British jobs through these schemes.

    Building on the Spending Review and the recently announced 10-Year Infrastructure Strategy, the Industrial Strategy is the latest step forward in our plans to deliver national renewal. It will include targeted support for the areas of the country and economy that have the greatest potential to grow, while introducing reforms that will make it easier for all businesses to get ahead.

    The Strategy’s bold plan of action includes:

    • Slash electricity costs by up to 25% from 2027 for electricity-intensive manufacturers in our growth sectors and foundational industries in their supply chain, bringing costs more closely in line with other major economies in Europe.

    • Unlocking billions in finance for innovative business, especially for SMEs by increasing British Business Bank financial capacity to £25.6 billion, crowding in tens of billions of pounds more in private capital. This includes an additional £4bn for Industrial Strategy Sectors, crowding in billions more in private capital. By investing largely through venture funds, the BBB will back the UK’s most high-growth potential companies.

    • Reducing regulatory burdens by cutting the administrative costs of regulation for business by 25% and reduce the number of regulators. 

    • Supporting 5,500 more SMEs to adopt new technology through the Made Smarter programme while centralising government support in one place through the Business Growth Service.

    • Boosting R&D spending to £22.6bn per year by 2029-30 to drive innovation across the IS-8, with more than £2bn for AI over the Spending Review, and £2.8bn for advanced manufacturing over the next ten years. This will leverage in billions more from private investors. Regulatory changes will further clear the path for fast-growing industries and innovative products such as biotechnology, AI, and autonomous vehicles.

    • Attracting elite global talent to our key sectors, via visa and migration reforms and the new Global Talent Taskforce.

    • Deepening economic and industrial collaboration with our partners, building on our Industrial Strategy Partnership with Japan and recent deals with the US, India, and the EU.

    • Revolutionising public procurement and reducing barriers for new entrants and SMEs to bolster domestic competitiveness.

    • Supporting the UK’s city regions and clusters by increasing the supply of investible sites through a new £600m Strategic Sites Accelerator, at six locations to be chosen across the UK, enhanced regional support from the Office for Investment, National Wealth Fund, and British Business Bank, and more, including  with the Scottish Government to support the Edinburgh-Glasgow Central Belt.

    • Strengthening existing “Industrial Strategy Zones” – in Scotland these are the Forth Green Freeport, Cromarty Firth Green Freeport, Glasgow City Region and the North East Scotland Investment Zones – with an enhanced offer of streamlined planning, better-targeted investment promotion, support for accessing concessionary finance and coordinated support on skills.

    • Delivering AI Growth Zones to attract investment in AI infrastructure in strategic locations across the UK, including Scotland, with support for planning, access to energy, and partnerships with the private sector.

    • Growing high-potential innovation ecosystems through the Local Innovation Partnerships Fund, with at least £30m for Scotland, building on UK-wide public R&D investment and Innovate UK’s joint action plans with devolved governments.

    • Identifying and securing the right financing for investment projects in Scotland with the National Wealth Fund, working with the Scottish National Investment Bank.  

    • Using a British Business Bank Cluster Champion in Glasgow City Region, with deep expertise and local knowledge, to coordinate investment-readiness programmes, strengthen financial networks, and connect high-potential firms to investors.

    The plan focuses on 8 sectors where the UK is already strong and there’s potential for faster growth: Advanced Manufacturing, Clean Energy Industries, Creative Industries, Defence, Digital and Technologies, Financial Services, Life Sciences, and Professional and Business Services. Each growth sector has a bespoke 10-year plan that will attract investment, enable growth and create high-quality, well-paid jobs.

    Dame Clare Barclay DBE, Chair of the Industrial Strategy Advisory Council and President of Enterprise & Industry EMEA at Microsoft said:

    I welcome today’s Industrial Strategy, which sets out a clear plan to back the UK’s growth driving sectors. It is particularly positive to see the strong focus on skills in areas such as engineering, technology and defence. Commitments such as £187 million for the TechFirst programme will ensure the UK has the skills it needs to support our growth industries and seize transformative opportunities like AI.

    Rain Newton-Smith, Chief Executive, CBI said:

    Today’s Industrial Strategy announcement is a significant leap forward in the partnership between government and business that sets us on the path to our shared goal of raising living standards across the country.  

    It sends an unambiguous, positive signal about the nation’s global calling card as well as the direction of travel for the wider economy for the next decade and beyond.

    The CBI has long been advocating for a comprehensive industrial strategy, based on the UK’s USP – the sectors and markets where we can compete to win on the global stage.

    More competitive energy prices, fast-tracked planning decisions and backing innovation will provide a bedrock for growth. But the global race to attract investment will require a laser-like and unwavering focus on the UK’s overall competitiveness. 

    Today marks the beginning of delivering this strategy in close partnership, at pace, and with a shared purpose. 

    Stephen Phipson CBE, CEO at Make UK said:

    British industry has been in desperate need for a government who understands our sector and had the strategic vision for a plan for growth. Today’s Industrial Strategy is a giant and much needed step forward taken by the Secretary of State who has seen the potential and provided the keys to help unlock it.

    Make UK has led the campaign for a new industrial strategy for many years, highlighting the three major challenges that were diminishing our competitiveness, hampering growth and frustrating productivity gains: a skills crisis, crippling energy costs and, an inability to access capital for new British innovators.

    The strategy announced today sets out plans to address all three of these structural failings. Clearly there is much to do as we move towards implementation but, this will send a message across the Country and around the world that Britain is back in business.

    Tufan Erginbilgic, Rolls-Royce CEO, said:

    The UK Government’s Industrial Strategy commitment to support our world-leading aerospace and nuclear industries shows long-term strategic foresight. Rolls-Royce’s highly differentiated technologies in gas turbines and nuclear capabilities- including SMRs and AMRs- are uniquely placed to deliver economic growth, skilled jobs and attract investment into the UK.

    Mike Hawes OBE, SMMT Chief Executive said:

    The publication of an Industrial Strategy – one with automotive at its heart – is the policy framework the sector has long-sought and Government has now addressed. Such a strategy – long-term, aligned to a trade strategy and supported by all of Government – is the basis on which the UK automotive sector can regain its global competitiveness. Making the UK the best place to invest now depends on implementation, and implementation at pace, because investment decisions are being made now against a backdrop of fierce competition and geopolitical uncertainty. The number one priority must be addressing the UK’s high cost of energy, enabling the sector to invest in the technologies, the products and the people that will give the UK its competitive edge. 

    Five sector plans have been published today:

    • Advanced Manufacturing – Backing our Advanced Manufacturing sector with up to £4.3 billion in funding, including up to £2.8 billion in R&D over the next five years, with the aim of anchoring supply chains in the UK – from increasing vehicle production to 1.35 million, to leading the next generation of technologies for zero emission flight. Glasgow is a global force in advanced manufacturing –  home to the Advanced Manufacturing Innovation District and globally competitive universities, the city region has strengths across defence, space and quantum. Edinburgh houses the National Robotarium at Heriot-Watt University and the Roslin Institute, which is a leading Agri-Tech research centre. 

    • Clean Energy Industries – Doubling investment in Clean Energy Industries by 2035, with Aberdeen-headquartered Great British Energy helping to build the clean power revolution in Britain with a further £700 million in clean energy supply chains, taking the total funding for the Great British Energy Supply Chain fund to £1 billion. We are supporting Scottish clean energy industries with £200 million development funding to advance the Acorn Carbon Capture and Storage project, capitalising on expertise in the oil and gas sector around Aberdeen. Up to £185 million has been allocated to Scotland through the Clean Industry Bonus, unlocking up to £3.5 billion private sector investment in ports and high-tech components needed to build floating and fixed offshore wind farms. Aberdeen is a global energy capital boasting new investment in hydrogen, with its pioneering Energy Transition Zone repositioning the North East as a globally integrated energy cluster.  A new regional skills pilot for Aberdeen will also help ensure a strong local skills base to deliver these opportunities.

    • Creative Industries – Maximizing the value of our Creative Industries through a £380 million boost for film and TV, video games, advertising and marketing, music and visual and performing arts will improve access to finance for scale-ups and increase R&D, skills and exports. It includes a £30 million Games Growth Package to back the next generation of UK video games studios – a sector in which Scotland is world leading. Glasgow, Edinburgh and Dundee are centres for creative industries. The Edinburgh Festivals incubate creative talent, whilst Edinburgh Futures Institute drives innovation.

    • Digital and Technologies – Making the UK the European leader for creating and scaling Digital and Technology businesses, with more than £2 billion to drive the AI Action Plan, including a new Sovereign AI Programme, £187 million for training one million young people in tech skills and targeting R&D investment at frontier technologies such as quantum technologies in Scotland. Scotland is home to two of the UK’s five new Quantum Hubs, with involvement in all five. Ten of the top 30 global semiconductor companies have operations in Scotland. Scotland is also home to cutting edge AI research network and R&D infrastructure – Edinburgh Genome Biofoundry and Industrial Biotechnology Innovation Centre. An up to £750m investment in the UK’s largest supercomputer at the University of Edinburgh sets a marker for our ambition for further growth in digital & technologies.

    • Professional and Business Services – Ensuring our Professional and Business Services becomes the world’s most trusted adviser to global industry, revolutionising the sector across the world through adoption of UK-grown AI and working to secure mutual recognition of professional qualifications agreements overseas. Scotland’s financial services sector, second only to London, features a cutting-edge Fintech scene. Over 25% of Glasgow’s top tech firms are in financial & business services, attracting major firms such as Azets and RSM. This is anchored by a highly capable workforce, supported by a world-class skills ecosystem and universities.
       

    The Industrial Strategy will be published on GOV.UK later today.

    The Defence, Financial Services and Life Sciences sector plans will be published shortly.

    The 7,000 businesses are an indicative estimate of how many businesses could be in scope of the scheme. The full scope and eligibility of the scheme will be determined following consultation.

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: The Box Plymouth announces landmark Beryl Cook exhibition for 2026

    Source: City of Plymouth

    Taking place 100 years after she was born, the exhibition will re-assess and re-present Cook’s work, giving her the acclaim she deserves

    The Box Plymouth has today revealed details of a major exhibition by artist Beryl Cook (1926-2008). Running from Saturday 24 January to Sunday 31 May 2026, it will be the most extensive exhibition of her work to date. With the help of new research and rarely or never seen before paintings and archival material, it will reposition her career and contribution to British art.

    Born Beryl Frances Lansley in Egham, Surrey in 1926, Cook was a self-taught artist who was already in her late thirties when she picked up a paint brush. She moved to Plymouth in 1968, and the city and its people became her muse for the next 40 years. Her first exhibition at the former Plymouth Arts Centre in 1975 led to a major feature in the Sunday Times and launched a career filled with vibrant, warm-hearted paintings that led to an OBE for services to the arts in 1995.

    “A century after she was born a reappraisal of Beryl Cook’s work feels long overdue,” says Victoria Pomery, CEO of The Box. “Although loved by many, she wasn’t given enough serious consideration during her lifetime and we want to change that. This exhibition is a timely opportunity for us to fully explore her impact and highlight how skilled she was at documenting everyday life during a time of social change from the 1970s to the 2000s.”

    Ambitious in scale as well as approach, the exhibition will feature more than 80 works, including paintings from The Box’s significant art collection, loans from both private and public collections, plus rarely seen items from the personal archives of the Cook family.

    “We are thrilled to be celebrating 100 years of Beryl with The Box,” says Beryl Cook’s granddaughter, Sophie Cook. “Plymouth had a special place in Beryl’s heart having spent most of her life living there, so this feels like the rightful home for such a special exhibition.”

    The exhibition will also feature works by figures from history with whom Cook felt an affinity, such as influential Flemish painter Pieter Bruegel the Younger (1564-1638) and acclaimed English artist Stanley Spencer (1891-1959). Her continued impact on artists who are working today will also be explored.

    “This exhibition is a chance for us to really examine Cook’s meticulous practice, process and legacy, as well as present a wider contextualisation of her career,” says Terah Walkup, art curator at The Box who has been working with curatorial consultant Ben Borthwick on its development. “It will foreground her fascination and positive portrayals of a variety of people and communities, including those who were often on the fringes of mainstream society and, through the research we’re doing, share fresh perspectives from those who knew her, were painted by her or were there when some of her most iconic works were created.”

    Stay up to date with the development of the exhibition at theboxplymouth.com.

    MIL OSI United Kingdom

  • MIL-OSI Africa: Minister reaffirms SA’s position of former Zambian President’s burial

    Source: South Africa News Agency

    Minister reaffirms SA’s position of former Zambian President’s burial

    While a state funeral would be an appropriate tribute to the legacy of the late former Zambian President Edgar Lungu, South Africa has acknowledged the legal obligation to respect the wishes expressed by the former President’s immediate family for him to be laid to rest in South Africa. 

    “In reaffirming the South African government’s position, Minister [Ronald] Lamola emphasised that a state burial in Zambia represents the most fitting tribute to honour Former President Lungu’s distinguished legacy and service to the Zambian nation,” the Ministry of International Relations and Cooperation said in a statement on Monday.   

    However, at the same time, the Minister acknowledged the legal obligation to respect the wishes expressed by the late former President’s immediate family for him to be laid to rest in South Africa. 

    Last week, the family of the late former President announced that he would be buried in a private ceremony in South Africa, following a dispute with the Zambian government regarding plans for a state funeral. 

    Former President Lungu passed away on 5 June 2025, in a local hospital in South Africa, after undergoing medical treatment. 

    READ | Condolences following the passing of former President of Zambia 

    In the meantime, Minister Lamola has stressed government’s commitment to addressing this sensitive matter with dignity, grace, and mutual respect, which are essential in honouring the memory of a respected statesman and the enduring bonds between South Africa and Zambia.

    The Minister spoke on Sunday, wrapping up a high-level diplomatic mission to Lusaka as the Presidential Special Envoy.
    Lamola was welcomed by Zambian President Hakainde Hichilema, to whom he conveyed President Ramaphosa’s heartfelt condolences on behalf of the South African government and its citizens.

    The Minister expressed solidarity with the Zambian government and people on the untimely passing of former President Lungu, assuring them of South Africa’s steadfast support during this period of national mourning.

    “The Minister extended prayers and sympathies to all affected by this loss and reiterated South Africa’s steadfast friendship with Zambia,” said the Ministry. – SAnews.gov.za

    Gabisile

    MIL OSI Africa

  • MIL-OSI Video: UK The woolsack: seat of the Lord Speaker

    Source: United Kingdom UK House of Lords (video statements)

    Introduced in the 14th century, the woolsack is thought to have been designed to reflect the economic importance of the wool trade in England. Today, it’s filled with wool from Britain and across the Commonwealth. Discover the history and significance of the seat of the Lord Speaker with Curator of the Historic Furniture and Decorative Arts Collection, Eloise.

    Watch the full film on the House of Lords YouTube channel https://www.youtube.com/watch?v=V7PSkYx-5KM&feature=youtu.be

    Find out more about the role and work of the Lord Speaker https://www.parliament.uk/business/lords/lord-speaker/

    The House of Lords is the second chamber of the UK Parliament. It plays a crucial role in examining bills, questioning government action and investigating public policy. Find out more https://www.parliament.uk/business/lords/

    If you’re interested in seeing it for yourself, why not book a tour of the Palace of Westminster? https://www.parliament.uk/visiting/visiting-and-tours/

    Catch-up on House of Lords business:

    Watch live events: https://parliamentlive.tv/Lords
    Read the latest news: https://www.parliament.uk/lords/

    Stay up to date with the House of Lords on social media:

    • X: https://twitter.com/UKHouseofLords
    • Bluesky: https://bsky.app/profile/houseoflords.parliament.uk
    • Instagram: https://www.instagram.com/UKHouseofLords/
    • Facebook: https://www.facebook.com/UKHouseofLords
    • Flickr: https://flickr.com/photos/ukhouseoflords/albums
    • LinkedIn: https://www.linkedin.com/company/the-house-of-lords
    • Threads: https://www.threads.net/@UKHouseOfLords

    #HouseOfLords #UKParliament

    https://www.youtube.com/shorts/Z92t9xDcGw0

    MIL OSI Video

  • MIL-OSI Asia-Pac: Housing Authority serves notice of re-entry on Aggressive Construction Company Limited

    Source: Hong Kong Government special administrative region

    Housing Authority serves notice of re-entry on Aggressive Construction Company Limited 
         The Hong Kong Housing Authority (HA) said today (June 23) that since the performance of Aggressive Construction Company Limited (ACCL) in respect of three public housing projects as listed below was far below the contract requirements, the HA served notice of re-entry on ACCL today for each of these projects according to relevant contract provisions.
     
         The three construction projects are:
      Issued at HKT 18:05

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI USA: DHS Issues National Terrorism Advisory System Bulletin Amid Israel-Iran Conflict

    Source: US Federal Emergency Management Agency

    Headline: DHS Issues National Terrorism Advisory System Bulletin Amid Israel-Iran Conflict

    lass=”text-align-center”>There are currently no specific credible threats against the homeland 
    WASHINGTON – Today, Secretary of Homeland Security Kristi Noem issued a National Terrorism Advisory System (NTAS) Bulletin regarding a heightened threat environment across the United States due to the direct involvement of the United States in the ongoing conflict between the nations of Israel and Iran

    There are currently no specific credible threats against the homeland

       
    “It is our duty to keep the nation safe and informed, especially during times of conflict,” said Secretary Kristi Noem

    “The ongoing Israel-Iran conflict brings the possibility of increased threat to the homeland in the form of possible cyberattacks, acts of violence, and antisemitic hate crimes


    This NTAS Bulletin will expire on September 22, 2025

      The public should report any suspicious activity or threats of violence to local law enforcement, FBI Field Offices, or a local Fusion Center

      
    Read the NTAS Bulletin here

    MIL OSI USA News

  • MIL-OSI USA: Disaster Recovery Center Opening in Wayne County

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Center Opening in Wayne County

    Disaster Recovery Center Opening in Wayne County

    A Disaster Recovery Center with FEMA Individual Assistance staff is opening in Wayne County to help people affected by the March 14-15 severe storms, straight-line winds, tornadoes, and wildfires

    The Disaster Recovery Center opens Monday, June 23

    FEMA and the U

    S

    Small Business Administration will help impacted residents with their disaster assistance applications, answer questions, and upload required documents

    Opening Monday, June 23LOCATIONHOURS OF OPERATIONWayne CountyTabernacle Baptist Church402 E Daniels St

     Piedmont, MO 63957June 23: 9 a

    m

    -7 p

    m

    June 24-28: 8 a

    m

    -7 p

    m

    To save time, please apply for FEMA assistance before coming to a Disaster Recovery Center

    Apply online at DisasterAssistance

    gov or by calling 800-621-3362

     If you are unable to apply online or by phone, someone at the Disaster Recovery Center can assist you

     You may visit any location, no matter where you are staying now

    If your home or personal property sustained damage not covered by insurance, FEMA may be able to provide money to help you pay for home repairs, a temporary place to live, and replace essential personal property that was destroyed

    sara

    zuckerman
    Sat, 06/21/2025 – 22:48

    MIL OSI USA News

  • MIL-OSI USA: Disaster Recovery Centers Opening in the City of St. Louis

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Centers Opening in the City of St

    Louis

    Disaster Recovery Centers Opening in the City of St

    Louis

    Disaster Recovery Centers with FEMA Individual Assistance staff are opening in the City of St

    Louis to help people affected by the May 16 tornado and storms

    The first Disaster Recovery Center opens this Saturday, June 21

    At all locations, FEMA and the U

    S

    Small Business Administration will help impacted residents with their disaster assistance applications, answer questions, and upload required documents

    More locations in the City of St

    Louis will be announced next week

    Opening Saturday, June 21LOCATIONHOURS OF OPERATIONUnion Tabernacle M

    B

    Church626 N

    Newstead Ave

    St

    Louis, MO 63108Monday – Saturday: 8 a

    m

    – 8 p

    m

    Sunday: ClosedTo save time, please apply for FEMA assistance before coming to a Disaster Recovery Center

    Apply online at DisasterAssistance

    gov or by calling 800-621-3362

     If you are unable to apply online or by phone, someone at the Disaster Recovery Center can assist you

     You may visit any location, no matter where you are staying now

    If your home or personal property sustained damage not covered by insurance, FEMA may be able to provide money to help you pay for home repairs, a temporary place to live, and replace essential personal property that was destroyed

    sara

    zuckerman
    Fri, 06/20/2025 – 23:22

    MIL OSI USA News

  • MIL-OSI USA: Disaster Recovery Center in Franklin County to Close June 20

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Center in Franklin County to Close June 20

    Disaster Recovery Center in Franklin County to Close June 20

    The Disaster Recovery Center (DRC) in Franklin County will permanently close this Friday, June 20 at 7 p

    m

     The center is located at: First Baptist Church of Gray Summit2705 Highway 100Gray Summit, MO 63039Open daily 8 a

    m

    to 7 p

    m

    Help is still available online and by phone

    The fastest way to stay in touch with FEMA is online at DisasterAssistance

    gov

    You can also call 800-621-3362 or download the FEMA app

     The FEMA application deadline for the March 14-15 severe storms is July 22, 2025

    Apply online or by phone

    Homeowners and renters affected by the March 14-15 disaster in Bollinger, Butler, Camden, Carter, Franklin, Howell, Iron, Jefferson, Oregon, Ozark, Perry, Phelps, Reynolds, Ripley, St

    Louis, Wayne, Webster, and Wright counties may be eligible for FEMA assistance that includes rental assistance, lodging expenses reimbursement, home repair and other needs

    sara

    zuckerman
    Fri, 06/20/2025 – 23:08

    MIL OSI USA News

  • MIL-OSI USA: Governor Newsom announces appointments 6.20.25

    Source: US State of California 2

    Jun 20, 2025

    SACRAMENTO – Governor Gavin Newsom today announced the following appointments:

    Soon-Sik Lee, of Bellevue, Washington, has been appointed Chief of Planning and Engineering at the California High Speed Rail Authority. Lee has been a Vice President – Senior Program Manager at AECOM since 2021. He was Director of Engineering at Etihad Rail from 2020 to 2021. Lee was a Principal Investment Operations Specialist at Asian Infrastructure Investment Bank from 2016 to 2020. He was the Engineering and Construction Director at Etihad Rail from 2011 to 2016. Lee was an Assistant Vice President – Project Manager at Union Railway 2009 to 2011. He was a Project Manager at Parsons from 2006 to 2008. Lee was a Senior Bridge Engineer URS 2002 to 2006. He held multiple positions at University of Michigan from 1999 to 2002, including Post Doctoral Research Fellow and Research Assistant. Lee was a Structural Engineer at Won-Jong Engineering from 1996 to 1997. He earned a Doctor of Philosophy degree in Civil Engineering from University of Michigan, Ann Arbor, a Master of Business Administration degree from University of Chicago, a Master of Science degree in Civil Engineering from University of Michigan, Ann Arbor, and a Bachelor of Science degree in Civil Engineering from Kyung Hee University. This position does not require Senate confirmation, and the compensation is $280,008. Lee is registered without party preference. 

    Lilian Coral, of San Marino, has been appointed to the California Community Colleges Board of Governors. Coral has been Vice President of Technology and Democracy Programs and Head of the Open Technology Institute at New America and an Adjunct Instructor at the University of Southern California since 2022. She was Director of National Strategy and Technology Innovation at the Knight Foundation from 2017 to 2022. Coral was Chief Data Officer at the Office of Los Angeles Mayor Eric Garcetti from 2015 to 2017. She was a Nonprofit Consultant and Principal at Adaptive Muse from 2008 to 2015. Coral was Founding Director of 2-1-1 California from 2010 to 2014. She was Policy Manager at the Los Angeles County Children’s Planning Council from 2007 to 2008. Coral was a Research and Policy Associate at Service Employees International Union, Local 721 from 2004 to 2007. She is a Board Member at Next City. She earned a Master of Public Policy degree from University of California, Los Angeles and a Bachelor of Arts degree in International Studies from University of California, Irvine. This position requires Senate confirmation, and the compensation is $100 per diem. Coral is a Democrat. 

    Carson Fajardo, of Rancho Cucamonga, has been appointed to the California State University Board of Trustees. Fajardo held several roles at California State University, San Bernardino from 2022 to 2025, including President and Chief Executive Officer and Member of the Board of Directors at Associated Students, Inc., and Programming Coordinator at the Residence Halls Association. He earned a Bachelor of Arts degree in Business Administration from California State University, San Bernardino. This position does not require Senate confirmation, and the compensation is $100 per diem. Fajardo is a Republican. 

    Press releases, Recent news

    Recent news

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    News Sacramento, California – Governor Gavin Newsom today issued a proclamation declaring “Juneteenth National Freedom Day: A Day of Observance” in the State of California.The text of the proclamation and a copy can be found below: PROCLAMATIONJuly 4 is not the only…

    News What you need to know: The Trump administration announced today that is has directed the national suicide prevention hotline to stop offering specialized support to LGBTQ callers. California continues to support this population.  SACRAMENTO – Governor Gavin…

    MIL OSI USA News

  • MIL-OSI: Allstate survey: Nearly one third of active social media users may potentially risk a home break-in by posting online before or during a vacation trip

    Source: GlobeNewswire (MIL-OSI)

    MARKHAM, Ontario, June 23, 2025 (GLOBE NEWSWIRE) — Almost one third (32 per cent) of Canadian respondents to a survey that say they are active on social media post about their plans before or while traveling, a figure that rises to 51 per cent among those aged 18 to 34. Posting that beach vacation selfie while away could be putting the safety of their property at risk for theft because it also shares that their home is empty. The survey was conducted by Léger on behalf of Allstate Insurance Company of Canada (‘Allstate’) to explore how Canadians choose to share details about their vacation on social media before and during travel.

    Respondents to the survey reveal that 68 per cent of Canadian social media users plan to leave home for at least a few days this summer, with the highest rate among Gen Z and Millennials at 74 per cent and the lowest among those aged 55 and older. While 35 per cent of those staying within their province say they plan to post about their trip on social media, this proportion rises to 45 per cent among those planning to leave their province, and peaks at 51 per cent among travellers with international plans.

    Specifically, 9 per cent post before their trip to share their plans and 28 per cent post during the trip to show they are travelling. Young adults aged 18–34 are the most likely to publish content on social media during their vacation (39 per cent). Parents are more inclined to share (37 per cent) compared to those without children (30 per cent).

    In contrast, a majority (62 per cent) say their main concern is protecting their home from theft while they’re away. This priority is even stronger among people aged 55 and over — 69 per cent choose not to post before or during their vacation. However, 15 per cent of respondents say sharing on social media is more of a priority than keeping their home safe from a break-in.

    Allstate has launched a public education campaign about the risks of sharing vacation travel plans online and how Canadians can better protect their homes.

    Allstate Claims Data Shows August is a Target Month for Home Theft
    Analysis of Allstate’s in-house claims data over the last ten years reveals that property theft rises slightly over the summer, with August reaching a peak. Overall, the months of July through November are the busiest time for theft, making summer a critical period for home safety. As well, the claims data reveals Fridays rank highest for incidents, followed by Thursday, regardless of time of year.

    “While technology like smart cameras and alarm systems may offer peace of mind, oversharing on social media can put travellers’ homes and valuables at risk. I encourage Canadians to keep this in mind before sharing their travel plans and adventures online,” says Odel Laing, Agency Manager at Allstate Canada. “This doesn’t mean keeping all the excitement to yourself, but rather share the photos of your vacation when you return.”

    Allstate Encourages to Travel Smart this Summer

    Odel offers some advice that may help Canadians protect their homes from theft if they are planning on travelling this summer.

    • As a general rule, year-round, use your phone’s privacy settings to remove geolocation data from digital pictures and avoid sharing images of your street address or home number.
    • Before a trip, avoid posting countdowns. If the itch to share online is too great, create a smaller trusted chat group to keep those closest to you informed of your plans.
    • Setting social media accounts to “private” rather than public allows more control over who sees your content. Even then, keep dates and other travel plans vague.
    • Delay sharing details about your vacation adventure online until your return.
    • Discuss this approach with all household members, so they take the same precautions.
    • Review your home insurance policy with your insurance professional to ensure you have the right coverage for your needs.

    For more travel-related online safety advice, go to the GOOD HANDS® blog at blog.allstate.ca/safe-social-media-travel/.

    Léger Poll Methodology
    Allstate commissioned Léger to conduct a study among Canadians active on social media to better understand their online behaviour before, during and after their vacations and assess if they are in line with their level of concern towards home safety. In order to reach survey objectives, an online survey was conducted with 1,603 Canadians, aged 18 and over, who could express themselves in English or French, from April 17 to 20, 2025. It should be noted that due to the non-probabilistic nature of the sample (associated with any web survey), the calculation of the margin of error does not apply. For comparative purposes, a probabilistic sample of 1,603 respondents via web panel (including 1,352 respondents active on social media) would have a global margin of error of ± 2.45% 19 times out of 20. The margin of error would, however, increase for subgroups.

    About Allstate Insurance Company of Canada
    Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. Serving Canadians since 1953, Allstate strives to reassure both customers and employees with its “You’re in Good Hands®” promise. Allstate is committed to making a positive difference in the communities in which it operates through partnerships with charitable organizations, employee giving and volunteerism. To learn more, visit www.allstate.ca. For safety tips and advice, visit www.goodhandsadvice.ca

    For more information, please contact:
    Stephanie More
    Agnostic on behalf of Allstate Insurance Company of Canada
    416-912-5341
    smore@thinkagnostic.com 

    Maude Gauthier
    Capital-Image on behalf of Allstate Insurance Company of Canada
    514-915-9469
    mgauthier@capital-image.com

    Cody Gillen
    Public Relations Specialist
    905-475-4536
    cgillen@allstate.ca

    The MIL Network

  • MIL-OSI: Allstate survey: Nearly one third of active social media users may potentially risk a home break-in by posting online before or during a vacation trip

    Source: GlobeNewswire (MIL-OSI)

    MARKHAM, Ontario, June 23, 2025 (GLOBE NEWSWIRE) — Almost one third (32 per cent) of Canadian respondents to a survey that say they are active on social media post about their plans before or while traveling, a figure that rises to 51 per cent among those aged 18 to 34. Posting that beach vacation selfie while away could be putting the safety of their property at risk for theft because it also shares that their home is empty. The survey was conducted by Léger on behalf of Allstate Insurance Company of Canada (‘Allstate’) to explore how Canadians choose to share details about their vacation on social media before and during travel.

    Respondents to the survey reveal that 68 per cent of Canadian social media users plan to leave home for at least a few days this summer, with the highest rate among Gen Z and Millennials at 74 per cent and the lowest among those aged 55 and older. While 35 per cent of those staying within their province say they plan to post about their trip on social media, this proportion rises to 45 per cent among those planning to leave their province, and peaks at 51 per cent among travellers with international plans.

    Specifically, 9 per cent post before their trip to share their plans and 28 per cent post during the trip to show they are travelling. Young adults aged 18–34 are the most likely to publish content on social media during their vacation (39 per cent). Parents are more inclined to share (37 per cent) compared to those without children (30 per cent).

    In contrast, a majority (62 per cent) say their main concern is protecting their home from theft while they’re away. This priority is even stronger among people aged 55 and over — 69 per cent choose not to post before or during their vacation. However, 15 per cent of respondents say sharing on social media is more of a priority than keeping their home safe from a break-in.

    Allstate has launched a public education campaign about the risks of sharing vacation travel plans online and how Canadians can better protect their homes.

    Allstate Claims Data Shows August is a Target Month for Home Theft
    Analysis of Allstate’s in-house claims data over the last ten years reveals that property theft rises slightly over the summer, with August reaching a peak. Overall, the months of July through November are the busiest time for theft, making summer a critical period for home safety. As well, the claims data reveals Fridays rank highest for incidents, followed by Thursday, regardless of time of year.

    “While technology like smart cameras and alarm systems may offer peace of mind, oversharing on social media can put travellers’ homes and valuables at risk. I encourage Canadians to keep this in mind before sharing their travel plans and adventures online,” says Odel Laing, Agency Manager at Allstate Canada. “This doesn’t mean keeping all the excitement to yourself, but rather share the photos of your vacation when you return.”

    Allstate Encourages to Travel Smart this Summer

    Odel offers some advice that may help Canadians protect their homes from theft if they are planning on travelling this summer.

    • As a general rule, year-round, use your phone’s privacy settings to remove geolocation data from digital pictures and avoid sharing images of your street address or home number.
    • Before a trip, avoid posting countdowns. If the itch to share online is too great, create a smaller trusted chat group to keep those closest to you informed of your plans.
    • Setting social media accounts to “private” rather than public allows more control over who sees your content. Even then, keep dates and other travel plans vague.
    • Delay sharing details about your vacation adventure online until your return.
    • Discuss this approach with all household members, so they take the same precautions.
    • Review your home insurance policy with your insurance professional to ensure you have the right coverage for your needs.

    For more travel-related online safety advice, go to the GOOD HANDS® blog at blog.allstate.ca/safe-social-media-travel/.

    Léger Poll Methodology
    Allstate commissioned Léger to conduct a study among Canadians active on social media to better understand their online behaviour before, during and after their vacations and assess if they are in line with their level of concern towards home safety. In order to reach survey objectives, an online survey was conducted with 1,603 Canadians, aged 18 and over, who could express themselves in English or French, from April 17 to 20, 2025. It should be noted that due to the non-probabilistic nature of the sample (associated with any web survey), the calculation of the margin of error does not apply. For comparative purposes, a probabilistic sample of 1,603 respondents via web panel (including 1,352 respondents active on social media) would have a global margin of error of ± 2.45% 19 times out of 20. The margin of error would, however, increase for subgroups.

    About Allstate Insurance Company of Canada
    Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. Serving Canadians since 1953, Allstate strives to reassure both customers and employees with its “You’re in Good Hands®” promise. Allstate is committed to making a positive difference in the communities in which it operates through partnerships with charitable organizations, employee giving and volunteerism. To learn more, visit www.allstate.ca. For safety tips and advice, visit www.goodhandsadvice.ca

    For more information, please contact:
    Stephanie More
    Agnostic on behalf of Allstate Insurance Company of Canada
    416-912-5341
    smore@thinkagnostic.com 

    Maude Gauthier
    Capital-Image on behalf of Allstate Insurance Company of Canada
    514-915-9469
    mgauthier@capital-image.com

    Cody Gillen
    Public Relations Specialist
    905-475-4536
    cgillen@allstate.ca

    The MIL Network

  • MIL-OSI NGOs: USA: MAHMOUD KHALIL RELEASED 

    Source: Amnesty International –

    In response to a U.S. District Court Judge ordering Mahmoud Khalil to be released on bail, Amnesty International’s Americas Regional Director Ana Piquer said: 

    “After more than three months of unjust detention, Mahmoud Khalil has finally been granted his freedom to return home, embrace his wife, and hold his child.  His detention was not only unnecessary, but emblematic of a broader effort by the Trump administration to suppress solidarity with Palestinian people and weaponize the immigration system. Mahmoud was targeted for exercising his human rights to freedom of expression and peaceful assembly. All of these rights must be respected in the United States and around the world, without exception. 

    After more than three months of unjust detention, Mahmoud Khalil has finally been granted his freedom to return home, embrace his wife, and hold his child.  His detention was not only unnecessary, but emblematic of a broader effort by the Trump administration to suppress solidarity with Palestinian people and weaponize the immigration system.

    Ana Piquer, Amnesty International’s Americas Regional Director.

    We remain deeply concerned by the escalating use of detention, intimidation, deportation, and disregard to right of due process, to silence protest and chill public debate in the United States. This is not just about one student, it is about the growing pattern of authoritarian practices by the Trump administration that undermine human rights. We urge the U.S. government to end the political targeting of students and other individuals based on their beliefs and to respect freedom of speech. Mahmoud’s detention is a stark reminder of the human rights that are at stake in the country, and we will continue to monitor his case.” 

    We urge the U.S. government to end the political targeting of students and other individuals based on their beliefs and to respect freedom of speech. Mahmoud’s detention is a stark reminder of the human rights that are at stake in the country, and we will continue to monitor his case.” 

    Ana Piquer, Amnesty International’s Americas Regional Director.

    Contact: [email protected]

    MIL OSI NGO

  • MIL-OSI United Kingdom: Developer appointed for 51 affordable homes in Littlemore

    Source: City of Oxford

    Oxford City Council’s housing company, OX Place, will work with Equans to build 51 sustainable council and shared ownership homes off Sandy Lane West in Littlemore. 

    This includes 27 flats let at social rent for people on the housing register, and 24 flats for shared ownership. 

    Social rent levels mean council tenants will typically pay around 40% of the rent a private landlord would charge for the same home. Shared ownership is a flexible option which helps a range of people onto the housing ladder in one of the UK’s most unaffordable cities.    

    OX Place and Equans working together for sustainable homes 

    The new partnership allows enabling works to begin on the site of the former Northfield Hostel, a SEND school that closed in 2014 and was demolished last year. It is expected that groundbreaking will happen later this summer. 

    In addition to the 51 homes already planned, the Council is exploring planning permission for a further 10 homes on the hostel’s adjacent sports field, which has been boarded up since the school closed. These would be built once the 51 flats are completed.  

    Equans has extensive experience working with local authorities to deliver vibrant, efficient and sustainable communities, using integrated energy and decarbonisation measures that make a real difference to people’s lives. 

    Comment 

    “Oxford needs homes, and this partnership marks the first step towards over 50 new affordable and sustainable ones for the people of Oxford. 

    “It is good that after a decade when it has been underused, we are exploiting this site for a development where the majority of homes will be much needed social housing. 

    “I look forward to work getting underway and new homes being delivered.” 

    Councillor Nigel Chapman, Cabinet Member for Citizen Focused Services and Council Companies

    “OX Place and Equans are both experts at delivering great, sustainable developments and I’m confident this partnership will do just that.” 

    Kevin Lowry, Interim Managing Director at OX Place

    “We are thrilled to be underway with the Northfield project for our valued client, OX Place, on behalf of Oxford City Council.

    “Delivering 53 much-needed, sustainable homes in Littlemore presents a fantastic opportunity to make a real difference in one of the UK’s most challenging housing markets. This marks an exciting new chapter in our strong, trusted partnership with OX Place, built over the past three years.

    “We’re proud to play a part in creating high-quality homes that meet both community needs and environmental goals.” 

    Rob Young, Regional Managing Director, Equans

    MIL OSI United Kingdom

  • MIL-OSI NGOs: ‘Everyone Hates Elon’ and Greenpeace unfold giant banner on Piazza San Marco ahead of Bezos’ wedding 

    Source: Greenpeace Statement –

    Venice, Italy – Activists from the UK action group Everyone hates Elon and Greenpeace Italy unfolded a giant 20x20m banner reading “If you can rent Venice for your wedding, you can pay more tax” on Piazza San Marco, as Jeff Bezos is due to celebrate his reportedly multi-million wedding in the lagoon city this week.

    A spokesperson from Everyone Hates Elon said: “As governments talk about hard choices and struggle to fund public services, Jeff Bezos can afford to shut down half a city for days on end just to get married. Just weeks ago he spent millions on an 11 minute space trip. If there was ever a sign billionaires like Bezos should pay wealth taxes, it’s this.” 

    Clara Thompson, Greenpeace campaigner, said: “While Venice is sinking under the weight of the climate crisis, billionaires are partying like there is no tomorrow on their mega yachts. This isn’t just about one person — it’s about changing the rules so no billionaire can dodge responsibility, anywhere. The real issue is a broken system that lets billionaires skip out on their fair share of taxes while everyone else is left to foot the bill. That’s why we need fair, inclusive tax rules, and they must be written at the UN.”

    A tax on the super-rich would help to fund the necessary transition to a green and just future, fund affordable housing, cheaper public transport or home insulation. Greenpeace’s ship, the Arctic Sunrise, was anchored at the port of Venice last week-end to promote this transition and expose the damage the fossil fuel industry causes to the people and the planet.

    ENDS

    Photos and Videos can be downloaded via Greenpeace Media Library.

    Contacts: 

    Clara Thompson, EU Lead Campaigner People over Greed project, part of the Global Fair Share campaign, based at Greenpeace Germany, +49 1758530226, [email protected]

    Christine Gebeneter, EU Communication Lead, People over Greed project, part of the Global Fair Share campaign, based at Greenpeace Central-and Eastern Europe, +43 664 8403807, [email protected]

    Greenpeace International Press Desk: +31 (0) 20 718 2470 (available 24 hours), [email protected]

    MIL OSI NGO

  • MIL-OSI Africa: A toolkit for financial wellbeing, one rand, one habit, one goal at a time

    Source: South Africa News Agency

    By Thamsanqa Cele

    As Youth Month draws to a close for 2025, let us continue to keep in our minds, hearts and behaviours the courage the young people of the 1976 Soweto uprising, where they protested apartheid’s oppressive education policies, sparking a movement for
    equality. 

    Today, South Africa’s youth, 34.3% of the 60.6 million population, face significant economic challenges, including an over 60% unemployment rate. Rising living costs further strain budgets, making financial wellbeing critical. In honouring the 107 heroes, who were brave young people then, the young people of today face different kinds of challenges. Among them, financial well-being. Put differently, their own personal economic freedom. It is not an easy and straightforward world. Especially when considering the macro-economic environment. That said, it remains a personal journey that does not need to be tackled alone. We present a few of the many tools that young people may want to consider as they fight their way to financial well-being.

    The economic landscape

    South Africa’s youth face daunting economic hurdles. The unemployment rate for those aged 15–24 reached 62.4% in Q1 2025, while 40.4% of those aged 25–34 remain jobless. According to StatsSA, approximately 3.8 million young people are not in
    education, employment, or training (NEET), fostering a sense of hopelessness. Millions of young people are currently dependent on the lifeline of the Social Relief of Distress R370 grant. The high cost of living, driven by inflation, makes essentials like food,
    transport, and housing increasingly unaffordable. According to the South African Depression and Anxiety Group, financial stress affects ~60% of South Africans, contributing to anxiety and depression.

    Despite these lived challenges across the board, opportunities exist. Government initiatives like the National Youth Development Agency (NYDA) and Youth Employment Services (YES) program provides funding, training, and work experience. By combining these resources with sound financial habits, the youth stand a better chance of achieving financial well-being, managing money to meet needs, handling emergencies, achieving goals, and improving their lives. This fosters economic stability and enhances mental health, reducing stress and boosting happiness.

    Why money management matters

    Financial stress is often the root of broader challenges. A large-scale study found that greater financial worries, especially among unemployed and low-income individuals, significantly increase psychological distress. Money is tightly linked with mental and
    even physical health. Financial strain can cause anxiety, poor sleep, and strained relationships, but learning to manage money may reverse these ills. Think of financial wellness as preventive healthcare. Like nutrition or exercise, sound financial habits help guard against crisis. As behavioural finance and mental health experts note, emergency savings build control and agency, two essential buffers for mental well-being. There are many helpful tools to engage in a journey to financial well-being. Some of these are:

    Tool #1: Start Budgeting – Know Where Every Rand Goes 

    A simple budget rule is: Essentials (50%), Life (30%), Savings (20%). The 50/30/20 rule is proven to improve emotional wellness by instilling spending control. It is a simple approach: allocate 50% of income to necessities (rent, food, transport), 30% to wants (entertainment, dining out), and 20% to savings or debt repayment. The 20% for savings and debts must be treated as a holy grail of securing a bright financial future, especially if it is skewed towards Savings.

    Tool #2: Build an Emergency Fund – Your First Safety Net 

    Saving, even small amounts, is crucial for financial security. An emergency fund covering 3 – 6 months of expenses (e.g. R15 000–R30 000 for R5 000 monthly costs) protects against unexpected costs like medical bills or job loss. Start with R100 monthly; over time this builds a significant buffer. With competitive interest rates, Postbank’s Smart Save account helps savings grow. Our customers use this account as a stash away from their main accounts in other banks. Because if you can see it, you will be tempted to use it. Multiple global studies have shown that an emergency fund reduces financial stress, lowers anxiety and reduces the risk of depression.

    Tool #3: Embrace Psychological Resilience Through Discipline

    Financial resilience builds mental resilience. Psychology research defines resilience as adapting successfully under stress when you feel in control. Ability and optimism follow. Money habits support coping in crisis, improve mood, and encourage growth.
    Holistic benefits include:
    * Reduced anxiety and stress
    * Better sleep, which improves physical health
    * Better relationships and social connections
    * Increased ability to seize new opportunities (jobs, entrepreneurship)
    * Mental clarity to focus on education, personal development, and productivity at
    work

    Tool #4: Side Hustles and Entrepreneurship

    Relying on one income source is risky in South Africa’s economy. Additional income streams provide security and accelerate financial goals. Some of the possible side hustles:
    * Freelancing: use what you are good at or that you understand better to freelance
    in areas like writing, designing, teaching, dancing, djaying, babysitting, etc.
    * Selling products: Create and sell handmade goods.
    * Small business: With NYDA support, you can start a low-cost venture like a car wash
    or food stall. The agency offers grants up to R50 000 and training.
    * YES placements, PYEI learnerships, SETA internships, and NYDA entrepreneurship
    support offer stipends, work experience, and business training.
    * Self-employment through grants and youth schemes – e.g. creative sector
    assistance, can seed small enterprises.

    Self-empower by taking advantage of the government-provided WiFi hotspots so you can use data at low costs, if not for free. South Africa’s public WiFi hotspot network, driven by SA Connect, a government program under the Department of Communications and Digital Technologies, provincial initiatives, and NGOs like Project Isizwe and Think WiFi, is opening doors for youth across the country. These hotspots are more than data points – they are gateways to education, jobs, civic engagement, and digital inclusion. By embracing these opportunities, young South Africans can transform their futures— accessing knowledge, growing skills, and connecting to their communities.

    Tool #5: Self-Control – Curbing your enthusiasm

    Many fall prey to the impulse to use spending as therapy. Yes, it may be for some who can afford to. Many others, already living beyond their means, tend to fall even deeper into the trap due to impulse-buying, falling foul of peer pressure and a show-
    off mentality. Before you buy it, ask yourself, does it have to be bought now? Can it be saved up for? Can it wait a little longer?

    A final call: Youth Month as a financial rebirth 

    Youth Month 2025 should mark a shift in the narrative:
    * From scrambling to survive, to building resilience through structured money habits.
    * From job-seeking alone to leveraging free government opportunities and saving
    on the payoff.
    * From worrying in silence to growing confidence, emotional control, and direction.

    Postbank is the national savings bank, ready to support every young South African who earns, learns, or aspires—with practical tools and accessible accounts. Postbank is trusted by millions of customers who have saved billions of rands with us. We are here
    to support young people with products that suit their needs. Products like the Smart Saver Account – accessible, competitive and needing as little as you can afford to save When youth learn to manage money, with buffers, budgets, and purpose, they don’t
    just survive, they thrive.

    Let this Youth Month ignite a movement, fuelled by practical habits, economic inclusion, and holistic well-being. We invite every young person to begin with building a savings buffer and continue toward a life of stability and possibilities. Partnering with the youth can help us enable their destiny, one rand, one habit, one goal at a time.

    *Thamsanqa Cele is the Chief Commercial Executive at PostBank

    MIL OSI Africa

  • Iran issues stark warning to Trump ‘the gambler’: We will end this war

    Source: Government of India

    Source: Government of India (4)

    Iran said on Monday that the U.S. attack on its nuclear sites expanded the range of legitimate targets for its armed forces and called U.S. President Donald Trump a “gambler” for joining Israel’s military campaign against the Islamic Republic.

    Since Trump joined Israel’s campaign by dropping massive bunker-buster bombs on Iranian nuclear sites on Sunday morning, Iran has repeatedly threatened to retaliate.

    But while it has continued to fire missiles at Israel, it has yet to take action against the United States itself, either by firing at U.S. bases or by targeting the 20% of global oil shipments that pass near its coast at the mouth of the Gulf.

    “Mr Trump, the gambler, you may start this war, but we will be the ones to end it,” Ebrahim Zolfaqari, spokesperson for Iran’s Khatam al-Anbiya central military headquarters, said on Monday in English at the end of a recorded video statement.

    Iran and Israel traded another wave of air and missile strikes on Monday as the world braced for Tehran’s response.

    Trump’s administration has repeatedly said that its aim is solely to destroy Iran’s nuclear programme, not to open a wider war.

    But in a social media post on Sunday, Trump openly spoke of toppling the hardline clerical rulers who have been Washington’s principal foes in the Middle East since Iran’s 1979 revolution.

    “It’s not politically correct to use the term, ‘Regime Change,’ but if the current Iranian Regime is unable to MAKE IRAN GREAT AGAIN, why wouldn’t there be a Regime change??? MIGA!!!” he wrote.

    Experts surveying commercial satellite imagery said it appeared that the U.S. attack had severely damaged the site of Iran’s Fordow nuclear plant, built inside a mountain, and possibly destroyed it and the uranium-enriching centrifuges it housed, although there was no independent confirmation.

    Trump called the strike a “Bullseye!!!”.

    “Monumental Damage was done to all Nuclear sites in Iran,” he wrote. “The biggest damage took place far below ground level.”

    MORE ISRAELI STRIKES

    Israel’s airstrikes on Iran have met little resistance from Iranian defences since Israel launched its surprise attack on June 13, killing many of Iran’s top commanders.

    The Israeli military said on Monday that about 20 jets had conducted a wave of strikes against military targets in western Iran and Tehran overnight. ⁠In Kermanshah, in western Iran, missile and radar infrastructure was targeted, and in Tehran a surface-to-air missile launcher was struck, it said.

    Iranian news agencies reported air defences had been activated in central Tehran districts, and Israeli air strikes had hit Parchin, the location of a military complex southeast of the capital.

    Iran says more than 400 people have been killed in the Israeli attacks, mostly civilians, but has released few images of the damage since the initial days of the bombing. Tehran, a city of 10 million people, has largely emptied, with residents fleeing to the countryside to escape attacks.

    Iran’s retaliatory missile strikes on Israel have killed 24 people, all civilians, and injured hundreds, the first time a significant number of Iranian missiles have ever penetrated Israeli defences.

    The Israeli military said a missile launched from Iran in the early hours of Monday had been intercepted by Israeli defences. Air raid sirens blared overnight in Tel Aviv and other parts of central Israel.

    LIMITED RETALIATION

    Beyond those missiles, Iran’s ability to retaliate is far more limited than a few months ago, since Israel inflicted defeat on Iran’s most feared regional proxy force, Hezbollah in Lebanon, whose downfall was swiftly followed by that of Iran’s most powerful client ruler, Syria’s Bashar al-Assad.

    Iran’s most effective threat to hurt the West would probably be to restrict global oil flows from the Gulf. Oil prices spiked on Monday at their highest since January. But they have not yet shot up to crisis levels, indicating that traders see a path out of the conflict that avoids serious disruption.

    Brent crude futures were down 0.5% to $76.64 a barrel as of 0830 GMT, after briefly jumping above $80 at the opening.

    Iran’s parliament has approved a move to close the Strait of Hormuz that leads into the Gulf, which would require approval from the Supreme National Security Council, a body led by an appointee of Supreme Leader Ayatollah Ali Khamenei.

    Attempting to strangle the strait could send global oil prices skyrocketing, derail the world economy and invite conflict with the U.S. Navy’s massive Fifth Fleet that patrols the Gulf from its base in Bahrain.

    “It’s economic suicide for them if they do it. And we retain options to deal with that,” U.S. Secretary of State Marco Rubio said.

    As Tehran weighed its options, Foreign Minister Abbas Araqchi was expected to hold talks with Russian President Vladimir Putin in Moscow on Monday. The Kremlin has a strategic partnership with Iran, but also close links with Israel.

    Speaking in Istanbul on Sunday, Araqchi said his country would consider all possible responses and there would be no return to diplomacy until it had retaliated. TASS news agency later quoted him as saying Iran and Russia were coordinating their positions.

    (Reuters)

  • MIL-OSI Asia-Pac: Inclusive job fair to be held this week

    Source: Hong Kong Information Services

    The Labour & Welfare Bureau and the Labour Department will jointly stage the Talent-Wise Inclusive Job Fair in San Po Kong this Wednesday and Thursday, with more than 700 vacancies on offer to job seekers with disabilities.

    Industries represented at the fair include information technology, finance, transport, catering, hotel, property management and social services.

    More than 40 organisations will participate, with over 20 hosting booths and conducting recruitment each day.

    The positions on offer include systems analyst, accounting assistant, clerk, technician, marketing assistant, customer service officer, room attendant, warehouse worker, railway technical trainee, automotive mechanic apprentice, graphic designer, library material maintenance assistant, cook, waiter, multi-skilled cleaner, property service assistant, laundry steam presser, hair therapist, beauty salon assistant and receptionist.

    Job seekers can submit applications and may be selected for on-the-spot interviews. They can also make enquiries about and register for the employment services provided for persons with disabilities by the department’s Selective Placement Division at its counter.

    The job fair will be held from 10.30am to 5pm at G/F, Tung Wah Group of Hospitals’ TungPo, in San Po Kong, Kowloon.

    Admission is free, and the final admission time will be at 4.30pm each day.

    MIL OSI Asia Pacific News

  • MIL-OSI China: Tianjin’s landmarks illuminated at night to welcome guests for 2025 Summer Davos forum

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

    Tianjin’s landmarks illuminated at night to welcome guests for 2025 Summer Davos forum

    Updated: June 23, 2025 16:07 Xinhua
    An aerial drone photo taken on June 17, 2025 shows a view along the Haihe River at night in north China’s Tianjin Municipality. The 2025 Summer Davos forum will be held here from June 24 to 26. Many landmark buildings in the city are illuminated against the curtain of night, presenting a dazzling array of colors to welcome guests from home and abroad. [Photo/Xinhua]
    An aerial drone photo taken on June 17, 2025 shows a city view at night in north China’s Tianjin Municipality. [Photo/Xinhua]
    An aerial drone photo taken on June 22, 2025 shows a view of the Tianjin Television Tower in north China’s Tianjin Municipality. [Photo/Xinhua]
    An aerial drone photo taken on June 21, 2025 shows a city view by the Haihe River at night in north China’s Tianjin Municipality. [Photo/Xinhua]
    An aerial drone photo taken on June 17, 2025 shows a city view at night in north China’s Tianjin Municipality. [Photo/Xinhua]
    An aerial drone photo taken on June 20, 2025 shows a view of the Tianjin Olympic Center Stadium in north China’s Tianjin Municipality. [Photo/Xinhua]
    This photo taken on June 20, 2025 shows a city view at night in north China’s Tianjin Municipality. [Photo/Xinhua]
    An aerial drone photo taken on June 22, 2025 shows a view of the Tianjin Television Tower in north China’s Tianjin Municipality. [Photo/Xinhua]

    MIL OSI China News

  • MIL-OSI Banking: Development Asia: Cooling Without Warming: Policy Solutions for Asia’s Rising Cooling Demand

    Source: Asia Development Bank

    Develop an effective legislative framework for climate-friendly cooling.

    For developing Asia, establishing a robust legislative framework is essential to enable climate-friendly cooling. Best practices from advanced economies, such as the European Union (EU), Japan, and the United States, can inform the development of integrated energy conservation and clean air legislation to support commitments to carbon reduction and the phaseout of high-GWP refrigerants. A strong legislative foundation allows for the phased implementation of more specific policies and measures.

    Within such frameworks, several countries and regions have developed sector-level strategies and action plans. Examples include the EU’s Heating and Cooling Strategy and the PRC’s National Green Cooling Action Plan, which enforce targeted measures and standards. Others have launched directives and programs focused on deploying low-carbon cooling technologies in buildings, households, and appliances, such as California’s Building Energy Benchmarking Program, Home Energy Rating System, and Energy Partnership Program. Some jurisdictions have also integrated cooling sector policies with renewable energy initiatives, such as the EU’s Renewable Energy Directive.

    Improve standards and labeling systems, and enhance compliance with efficiency standards.

    Governments across Asia should consider establishing minimum energy efficiency standards for cooling appliances and phasing out outdated or inefficient equipment. Japan’s Top Runner Program offers a valuable model—setting energy efficiency requirements based on the most efficient product currently available in the market. These standards should be regularly reviewed and progressively tightened. Benchmarking against the most stringent global standards and developing a clear timeline for alignment can help accelerate progress.

    Enforcing a mandatory labeling system is also highly beneficial. Energy labels provide consumers with essential information about the energy performance and refrigerant type of air-conditioning and refrigeration products, enabling more informed purchasing decisions. To be effective, this information should be prominently displayed and easily understood by the average consumer.

    Promote low-carbon cooling in public buildings.

    Governments can support this goal by implementing procurement policies that prioritize low-carbon cooling equipment in the public sector. For example, the government of the PRC maintains a catalog of recommended energy-saving products for government procurement, which includes high-efficiency air conditioning and refrigeration systems. Public institutions are encouraged to prioritize items from this list when purchasing energy-consuming equipment. Regular updates to the catalog are essential to ensure that selected products maintain optimal energy performance and continue to deliver environmental benefits.

    Governments can also introduce policies and pilot programs to integrate renewable energy into public sector cooling systems. For instance, regulations could require that a minimum percentage of available rooftop or surface area on public buildings be dedicated to photovoltaic (solar) power generation.

    Develop incentive policies to encourage behavior change.

    For low-carbon cooling projects that are not yet widely adopted but offer significant social and environmental benefits, governments should prioritize providing incentives and support to scale up their implementation. For example, the Japanese government has promoted the use of low-GWP natural refrigerants as alternatives to HFCs. However, adoption has been limited due to high upfront costs. To address this, Japan’s Ministry of the Environment offers subsidies covering a portion of the machinery and installation costs for companies that replace or install equipment using natural refrigerants, thereby encouraging the transition to more climate-friendly refrigeration technologies.

    Governments should design incentive policies that motivate individuals to adopt energy-efficient behaviors. The PRC, through its Green and High Energy Efficiency Cooling Action Plan, encourages local governments to introduce incentives for purchasing high-efficiency cooling appliances. These may include rebates for energy-efficient products and trade-in programs that allow consumers to exchange low-efficiency appliances for more efficient alternatives.

    Monitor and regulate refrigerants and cooling equipment from a life-cycle perspective

    Governments should require the registration of all stages of high-GWP refrigerant handling, including production, import, sale, and recycling. Additionally, mandatory regular leak inspections and maintenance record-keeping for existing cooling equipment should be enforced.

    Finance large-scale deployment.

    One effective strategy is to establish co-financing mechanisms through partnerships among the public sector, multilateral development banks, and private investors. By leveraging government incentive funds and concessional loans from development banks, these partnerships can unlock commercial capital and reduce financial barriers.

    Creating revolving loan funds dedicated to low-carbon cooling projects can also expand financing opportunities. These funds can provide continuous support for new initiatives by reinvesting repayments into future projects, thereby sustaining momentum and scaling up deployment across regions.

    Take an integrated approach and encourage collective efforts.

    Policy solutions for climate-friendly cooling should be designed as part of a holistic package. This means that regulations, policies, standards, and tools must be coordinated to support and reinforce one another, rather than functioning in isolation.

    For example, under its net-zero emissions commitment, the EU has implemented a suite of interconnected regulations including the Energy Efficiency Directive, Renewable Energy Directive, Industrial Emissions Directive, European Commission-mandated regulations, and governance regulations. These high-level frameworks are complemented by specific policy measures and initiatives that ensure effective implementation and alignment across sectors.

    Build capacity for low-carbon cooling.

    Capacity building and knowledge dissemination are key for promoting energy efficiency improvements. Governments in Asia can take policy measures (e.g., promoting the use of appropriate cost–benefit assessment tools) to help customers understand that the long-term economic losses from using low-efficiency equipment often outweigh the initial investment in high-efficiency alternatives.

    Poor operational management also contributes to unnecessary energy waste. Therefore, capacity-building efforts should focus on equipping users with the skills needed to manage and operate cooling equipment more efficiently.

    It is also necessary to strengthen the capacity of financial institutions to address the financing gaps that hinder the adoption of low-carbon cooling technologies.

    MIL OSI Global Banks

  • MIL-OSI Africa: African Mining Week 2025 Set to Drive Investment and Sustainable Growth


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    In the fast-changing mineral economy, African Mining Week (AMW) 2025 – taking place October 1-3 in Cape Town – is set to become the definitive platform for shaping the future of the African mining industry. Taking place under the theme: From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth, the event will unite the global and African mining industries to engage in dialogue and sign deals. To meet the expected rise in global demand, mineral production will need to increase by nearly 500% by 2050. AMW 2025 positions Africa at the heart of global supply chains, turning policy into progress and opportunity into action.

    A Launchpad for African Mining Projects

    Through its investment-focused program, AMW 2025 will drive capital into African mining projects, connecting players from across the global industry while fostering partnerships, deal-signing and dialogue. The event takes place at a time when the international community is seeking new mineral investment opportunities while African countries are targeting greater production and mineral beneficiation. Notably, Zimbabwe plans to build a $12 billion economy by 2030 on the back of its mining industry; Angola strives to increase diamond production to 17.53 million carats by 2027; while Ghana seeks to deliver 8 million tons of manganese in 2025. Achieving these goals will require substantial investments and AMW 2025 will serve as a launchpad for future projects.

    Addressing Challenges, Highlighting Opportunities

    As the demand for minerals grows, so does the need to integrate technology that enhances efficiency and sustainable mining operations. The AMW 2025 program is designed to tackle the most pressing challenges across the African mining industry, with sessions geared towards creating home-grown solutions to securing capital, technology and expertise. On the financing side, sessions include The Investor Perspective: Financing Africa’s Mineral Industrialization; Mergers, Acquisitions, and Partnerships: Building Resilience in a Consolidating Industry; Innovative Investment Strategies for Nigeria’s Infrastructure Development; and more. Industry spotlight sessions on The Cobalt Opportunity; Botswana’s Diamond Legacy; Ghana’s Gold Renaissance; South African PGMs and more will explore industry-specific opportunities, while a series of technical workshops and a technology forum will outline emerging technologies across the industry. Tech-driven sessions include Autonomous Mining: How Robotics and AI are Revolutionizing Resource Extraction; Youth-Driven Innovations in Mining Technology; From Ideas to Impact; and more.

    Strategic Engagement Opportunities

    Engagement is a feature of the AMW 2025 program, with networking sessions offering attendees the chance to connect with stakeholders and forge collaborative partnerships. The program is tailored to facilitate collaboration, with roundtables focused on bringing global and African partners together. Notable sessions include US-Africa Collaboration on Critical Mineral Infrastructure; China-Africa Corporation on Critical Minerals; European Partnerships in African Mining; Strengthening Middle East and Africa Partnerships, and more. The conference will also host a Women in Leadership Forum, aimed at breaking down barriers for women in the industry by fostering greater collaboration, and a Junior Miners Forum, aimed at showcasing opportunities for youth in the industry. Through networking and matchmaking forums, cocktails and luncheons, business-matching and meetings, AMW 2025 will usher in a new era of collaborative mining development in Africa.

    Navigating Critical Minerals Gaps

    Co-located alongside African Energy Week: Invest in African Energies – hosted on September 29 to October 3, AMW 2025 is uniquely positioned to explore Africa’s emerging role as the center of the global energy transition. Serving as core components in the development of energy transition-related technologies, the demand for critical minerals is growing rapidly. Between 2022 and 2050, the demand for nickel will double, cobalt will triple while lithium demand will rise tenfold. Home to 30% of the world’s critical minerals, Africa is well-positioned to drive this transition. By navigating supply gaps within the critical minerals industry, AMW 2025 will connect international partners to African mines.

    African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

    Distributed by APO Group on behalf of Energy Capital & Power.

    MIL OSI Africa

  • MIL-OSI Africa: Minister Lamola conveys condolences in Zambia, discusses repose of former President Lungu


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    The Minister of International Relations and Cooperation of the Republic of South Africa, Mr Ronald Lamola, MP, on Sunday concluded a High-Level Diplomatic Mission to Lusaka, Republic of Zambia, as Presidential Special Envoy.

    Minister Lamola was received by His Excellency President Hakainde Hichilema, to whom he conveyed President Ramaphosa’s profound condolences on behalf of the Government and people of South Africa.

    Minister Lamola expressed solidarity with the Government and citizens of Zambia following the untimely passing of former President Edgar Lungu, assuring them of South Africa’s unwavering support during this period of national mourning.

    In reaffirming the South African Government’s position, Minister Lamola emphasised that a state burial in Zambia represents the most fitting tribute to honour Former President Lungu’s distinguished legacy and service to the Zambian nation.

    Concurrently, Minister Lamola acknowledged the legal obligation to respect the expressed wishes of the late former President’s immediate family.

    He underscored the Government’s commitment to navigating this sensitive matter with the utmost dignity, grace, and mutual respect principles befitting the memory of a revered statesman and the enduring bonds between South Africa and Zambia.

    The Minister extended prayers and sympathies to all affected by this loss and reiterated South Africa’s steadfast friendship with Zambia.

    Distributed by APO Group on behalf of Republic of South Africa: Department of International Relations and Cooperation.

    MIL OSI Africa

  • MIL-OSI China: City cruise into Club World Cup knockouts with 6-0 win

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

    Manchester City and Juventus reached the last 16 of the FIFA Club World Cup on Sunday while Real Madrid moved closer with a gritty win over Pachuca despite playing nearly the entire match with 10 men.

    Pachuca, Al Ain and Wydad Casablanca joined previously eliminated Auckland City, Ulsan, Urawa Red Diamonds and Los Angeles FC in exiting the tournament in the United States.

    In Philadelphia, 20-year-old Turkiye international forward Kenan Yildiz scored twice as Juventus routed Morocco’s Wydad Casablanca 4-1 to clinch a knockout phase spot with a game to spare.

    Abdelmounaim Boutouil gifted the Italian club the lead with a sixth-minute own goal and Yildiz doubled the advantage by thumping a 20-yard effort into the top-right corner.

    Thembinkosi Lorch narrowed the deficit, lifting a shot over goalkeeper Michele Di Gregorio after Nordin Amrabat’s defense-splitting pass.

    The impressive Yildiz made it 3-1 as he wrong-footed Boutouil before calmly side-footing into the far corner.

    Serbian striker Dusan Vlahovic put the result beyond doubt by converting a 94th-minute penalty after being fouled by Guilherme Ferreira.

    Juventus now has six points from its two games while Wydad is eliminated irrespective of its last group-stage fixture against Al Ain.

    “It was a different kind of match, also because of the [early] kick-off time and the tempo was lower,” Juventus manager Igor Tudor said afterwards. “They had prepared for us as well. We scored early and that helped us. But in football, you never know, you always have to stay alert.

    “I’m never calm, not even at 3-1 or 4-1. I always see danger. Credit to the boys, two good wins. Tonight they’ll have an evening off and a dinner out. They’ve earned it. Now we prepare for City, which will be a great challenge,” he added.

    In Charlotte, Real Madrid registered its first win of the tournament with a 3-1 defeat of Mexican side Pachuca.

    The Spanish giants were reduced to 10 men in the seventh minute after Raul Asencio was shown a straight red card for pulling down Salomon Rondon when the Venezuela international was through on goal.

    Despite the numerical disadvantage, Real Madrid took the lead through Jude Bellingham, who charged into the box after Fran Garcia’s pass before lashing low into the far corner.

    Arda Guler doubled the lead with a clinical finish after combining with Gonzalo Garcia and Federico Valverde made it 3-0 by volleying home at the far post following Brahim Diaz’s lofted pass.

    Pachuca pulled one back through Elias Montiel’s deflected strike 10 minutes from time.

    The victory lifted Real Madrid to the top of Group H with four points while Pachuca is last and cannot advance to the next stage.

    “We had to defend with one less player in a low block and in that situation you have to know how to suffer and have the humility to find the right moment,” Real Madrid manager Xabi Alonso said.

    “We weren’t able to show what we’ve been working on but the defensive line held strong and we had good periods of possession. We took a lot of positives from the game, especially the three points.”

    In Atlanta, Ilkay Gundogan struck twice as Manchester City trounced Al Ain of the United Arab Emirates 6-0.

    Claudio Echeverri, Oscar Bobb, Rayan Cherki and Erling Haaland were also on target – the latter from the penalty spot – as City secured its place in the next round.

    Al Ain had only 26% of the possession and managed only one shot on target, sealing its early exit from the competition.

    “We spoke a lot before the game about how to maintain our pressure so that we could score the goals that we did,” Manchester City manager Pep Guardiola said.

    “The guys that played today took their opportunity. We are fortunate to have a lot of talented players that are waiting for their chance.”

    In Sunday’s other fixture, Austria’s RB Salzburg drew 0-0 with Saudi Arabian club Al Hilal at Audi Field in Washington D.C.

    Al Hilal had 58 percent of the total possession but managed only four shots on target while Salzburg had six attempts saved by Morocco international goalkeeper Yassine Bounou.

    The result leaves Salzburg second in Group H with four points, two ahead of third-placed Al Hila

    MIL OSI China News

  • MIL-OSI: BCC Mining cloud mining supports BTC/XRP one-click mining

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 23, 2025 (GLOBE NEWSWIRE) — Tensions in the Middle East have increased volatility in the cryptocurrency market, and investors are looking for safer ways to hedge their investments. BCC Mining has become a popular investment option with its decentralized nature and high return potential. However, independent mining requires expertise and high upfront investment. The professional BCC Mining platform provides cloud mining services, which reduces the threshold and risk of participation and improves mining efficiency. Investors can easily participate in mining through the platform, share profits, and effectively avoid market risks. In the current complex geopolitical environment, allocating part of the funds to a reliable BCC Mining platform can help diversify investment risks and improve the stability of the overall portfolio.

    What is BCC Mining
    Founded in the UK in 2017, BCC Mining is designed specifically for cryptocurrency novices and experienced investors. Users can use computing power rented from green energy data centers without any hardware to start mining popular cryptocurrencies such as BTC, ETH, LTC, DOGE, etc.

    BCC Mining is an advanced cloud mining platform that allows users to mine cryptocurrencies and earn passive income by renting computing power. Unlike traditional mining methods that require expensive hardware, technical expertise, and ongoing maintenance, BCC Mining handles all the complexities for users. From hardware maintenance to electricity costs and cooling systems, the platform covers all technical aspects, allowing users to focus on profits.

    How does it work?
    Getting started with BCC Mining is very simple and easy. Once signed up, users can choose from a variety of mining contracts to suit different budgets and investment goals. Each plan offers a specific hashrate and term, providing flexibility for both beginners and experienced investors. Once a plan is selected and payment is made, users do not have to manage anything as the hashrate they rent validates transactions and secures the blockchain network.

    The platform’s automated system ensures that users continue to receive rewards without any extra effort. Whether you are new to cryptocurrency or an experienced enthusiast, BCC Mining offers you a seamless way to make money from home.

    Platform advantages:
    Get an instant bonus of $15 upon registration.
    ⦁High profit level and daily income.
    ⦁No other service fees or management fees.
    ⦁The platform uses more than 10 cryptocurrencies (such as: DOGE, BTC, ETH, LTC, USDC, USDT, BNB, BCH, XRP, SOL) for settlement
    ⦁The company’s affiliate program allows you to refer your friends and get a referral bonus of up to $85,000.
    ⦁McAfee® security protection. Cloudflare® security protection. 100% uptime guarantee and excellent 24/7 human online technical support.

    How to get started:
    It’s easy to start your cloud mining journey with BCC Mining. Follow these simple steps to start earning passive income:

    Register an account: Go to the BCC Mining official website to create an account.

    Choose a plan: Choose a mining plan that meets your goals.

    Start mining: Start mining immediately and let BCC Mining’s powerful hardware work for you.

    Daily payments: Enjoy the convenience of daily payments, providing a stable source of income.

    Special offer:

    Registration bonus: Sign up to get an instant bonus of $15.00, and you can also earn $0.6 for free every day, don’t miss it.

    Invite income: Invite friends to increase mining income and get 3%-4.5% continuous rewards permanently

    The contracts provided by BCC Mining are not only simple, but also varied, providing you with a variety of options to meet your investment needs. They provide stable and risk-free fixed income.

    Get a stable passive income by participating in the following contracts:

    BTC basic computing power: investment amount: $100, contract period: 2 days, daily income of $4.0, expiration income: $100 + $8
    LTC [classic computing power contract]: investment amount: $600, contract period: 6 days, daily income of $7.26, expiration income: $600 + $43.56
    BTC [classic computing power contract]: investment amount: $3,000, contract period: 20 days, daily income of $42.9, expiration income: $3,000 + $858
    DOGE [classic computing power contract]: investment amount: $5,000, contract period: 30 days, daily income of $75, expiration income: $5,000 + $2,250
    BTC [advanced computing contract]: investment amount: $10,000, contract period: 45 days, daily income of $165, expiration income: $10,000 + $7,425
    After purchasing the contract, the income will be automatically credited to your account the next day. When your account balance reaches $100, you can choose to withdraw to your digital currency wallet, or continue to purchase contracts to gain more benefits.

    Generous Affiliate Program
    BCC Mining rewards those who help promote its excellent platform. Refer others to receive unlimited bonuses and commissions, further boosting your mining income. Take advantage of this opportunity to open up more lucrative income streams.

    Real Success Story
    BCC Mining has successfully helped millions of users achieve financial independence. From individuals seeking to supplement their income to those who aspire to achieve complete financial independence, the platform has proven to be a reliable and profitable solution. Testimonials from satisfied users highlight how BCC Mining has changed their lives by providing a stable source of income with minimal effort.

    If you are looking for a way to earn a stable passive income, after reading this article, you should create an account and take advantage of the $15 welcome bonus, which you can use as an initial investment to earn $0.6 per day for free. In addition, the affiliate program is also a great way to earn passive income.

    Whether you are a novice or an experienced user, BCC Mining welcomes everyone from all over the world to participate.
    For more details, please visit the platform official website: https://bccmining.com/ or (click to download the mobile APP)
    Contact: BCC Mining
    Company: BCC Mining
    Platform official email: info@bccmining.com

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    The MIL Network