Category: KB

  • MIL-OSI Russia: Vocabulary that came out of the office: what has the rise in popularity of psychology led to

    Translation. Region: Russian Federal

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

    © Higher School of Economics

    The Higher School of Economics hosted a round table entitled “Psychotherapeutic Lexicon in the Public Space,” which brought together psychologists, linguists, sociologists, and cultural scientists. They discussed the role of psychotherapy and psychotherapeutic terms in the life of a modern person, as well as the influence of AI on this area.

    There is a disturbing tendency in society to turn psychological vocabulary into an instrument of aggression, noted the head of the department, opening the round table “Psychotherapeutic vocabulary in the public space”. Scientific and educational laboratory of linguistic conflictology and modern communication practices, Research Professor Schools of Philological Sciences Faculty of Humanities HSE Maxim Krongauz.

    Words intended to help in therapy, such as “devaluation,” “abuse,” “bullying,” “victim blaming,” “gaslighting,” and “toxic,” are increasingly used to scapegoat, creating an atmosphere of “invitation to execution.”

    “This aggressiveness of words, which seem to come from such a noble area, where, perhaps, in a figurative sense, they treat people, is suspicious. Why do they treat with such aggressive words?” Krongauz asked. Referring to psychotherapist Daniil Ostrovsky, he pointed out the danger of transferring therapeutic principles to public ethics.

    Fyodor Konorov, a teacher and supervisor at the Moscow Gestalt Institute, noted the explosive growth of the therapeutic field, which has led to the fact that “anyone can now call themselves a psychologist,” creating risks of incorrect use of terminology. He also drew attention to the fact that vocabulary “coming out of psychologists’ offices” is not new, but now, along with it, words that are pseudo-diagnoses (“bipolar,” “anxiety”) are actively used. He concluded that this deprives a person of the opportunity to deal with their feelings differently.

    Research Fellow Department of Psychology Faculty of Social Sciences HSE Irina Bulanova presented the results of a study on how young people use psychotherapeutic vocabulary. She identified four main functions.

    The first is overcoming experiences. Young people use terms to make it easier to understand their inner world and communicate with others.

    The second is the normative function, when vocabulary defines social norms related to psychological health, but can lead to the marginalization of those who do not meet these norms.

    The third is the function of social identity: young people identify themselves as representatives of a certain group, distinct from the older generation.

    The fourth is the instrumental function. Here, vocabulary is used to regulate social interactions, especially in situations of emotional tension.

    “Naming itself, to a certain extent, helps to facilitate… And the most important thing is that they develop a language with which they can communicate with each other about the contents of their inner world, and it seems that this has an even greater coping effect,” noted Irina Bulanova.

    She believes that such vocabulary may contain social norms related to psychological health. Despite the benefits in overcoming difficulties and normalizing experiences, excessive use of vocabulary may lead to the formation of rigid social norms and potential conflicts between generations.

    “It seems to me that this is a subject for a separate study, but, in truth, it is very interesting not only the content, but also the structure of these norms, how strict they are, and how much we thereby contribute to some marginalization of those who do not fit into this norm,” she concluded.

    Associate Professor Department of Analysis of Social Institutions Oksana Mikhailova, a professor at the Faculty of Social Sciences at the National Research University Higher School of Economics, spoke about the “therapeutic turn” in culture, when psychology is becoming increasingly popular and influential. She noted that the media plays a dual role, both in disseminating knowledge about psychology and in simplifying and distorting it.

    “Media managers and media culture producers realized that if they take into account some rules transmitted by psychology, they will be able to attract more attention from the audience. And so, in fact, they began to involve them in content production,” Oksana Mikhailova explained.

    She also noted that individualization associated with therapeutic culture can lead to ignoring social problems: “We don’t notice some problems that actually have social prerequisites when we use this therapeutic language. That is, we begin to think that everything depends only on us.”

    The sociologist identified such negative aspects of this process as individualization of problems, excessive interest in oneself, pathologizing of the normal, increased anxiety, cognitivism, self-discipline (in the context of social order) and increased inequality. At the same time, she also noted positive trends: drawing attention to problems, democratization of gender roles, use of terms in social movements.

    Oksana Moroz, a cultural scientist and associate professor at the British Higher School of Art and Design and Tyumen State University, analyzed how the concept of boundaries is discussed in various online contexts — from quality press to brand media and social networks. She pointed out that the appropriation of therapeutic vocabulary occurs not only at the level of individual words, but also at the level of the therapeutic plot. At the same time, there is a tendency toward universalization, in which the construction of boundaries occurs based on one signal of discomfort.

    She also emphasized that the use of psychological vocabulary can be a way to form an emotional community, but often becomes a tool for commodification and obtaining social capital. This tendency, the expert believes, leads to difficulties in defining the boundaries of what is permitted, erasing the line between constructive criticism and bullying. “The best way to protect your own boundaries is to say that I know how to protect my own boundaries. And if you ask me questions about how I do it wrong, you will, of course, violate them,” the expert noted.

    Researcher at the Research and Educational Laboratory of Linguistic Conflictology and Modern Communicative Practices of the Faculty of Humanities at the National Research University Higher School of Economics Elizaveta Gromenko presented a linguistic analysis of psychotherapeutic vocabulary in the Russian language of the 21st century. She noted that in recent years there has been an increase in the use of words such as “abuse”, “trauma”, “mindfulness”, and that these words are acquiring new meanings, especially borrowings.

    “All these words have long been present in the Russian language, but in the 21st century they acquire a new meaning under the influence of psychological practice, when a person turns to categorizing some of his internal processes,” Gromenko explained.

    She also noted that “trauma” and “mindfulness” have become key concepts in psychotherapeutic vocabulary and that the entire beginning of the 21st century is taking place under their auspices. Many words that appeared in the early 2000s have begun to actively adapt since 2015 and generate derivatives, such as “abuser,” “gaslighter,” and “toxic.”

    Irina Fufaeva, a research fellow at the Research and Educational Laboratory of Linguistic Conflictology and Modern Communication Practices, shared her experience of interacting with AI as a psychotherapist, noting a change in the trend in patients’ self-designations. While game designations (“bipolar,” “borderline”) were popular before, now there is a refusal to build identity through illness. She noted that AI in support mode (without censure and moralization) is met with acceptance and gives coaching advice. She emphasized that interaction with artificial intelligence as a psychotherapist can create the illusion of support for employees, but the lack of empathy and contextuality can lead to undesirable consequences.

    Leading researcher at the Research and Educational Laboratory of Linguistic Conflictology and Modern Communicative Practices Valery Shulginov conducted an experiment to test how language models understand the concept of abuse. He found that models often tend to agree with users, which can lead to false positive diagnostics. To improve efficiency, it is necessary to use non-standard role-playing situations, but the training of AI can create traps for users.

    The participants of the seminar agreed that further development of methods of teaching and educating the population in the field of correct use of psychological terminology is necessary. It is advisable to create interdisciplinary teams of scientists who will be able to thoroughly study and systematize existing trends. A proposal was also made to organize regular seminars and forums aimed at further studying the features of the transformation of Russian speech under the influence of psychological concepts and methods.

    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 Russia: Moscow introduces artificial intelligence to detect hip arthrosis on X-rays.

    Moscow has integrated a new artificial intelligence service into its healthcare system to identify signs of hip osteoarthritis in medical images, marking the 41st modality where neural networks assist radiologists. This advancement was announced by Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

    Developed and tested by specialists at the Center for Diagnostics and Telemedicine, the AI algorithm has completed rigorous testing and is now integrated into the Unified Radiological Information Service (URIS). “The algorithm automatically identifies potential osteoarthritis indicators – such as joint space narrowing, bone thickening, and bone spur highlighting affected areas and performing precise measurements”, she stated.

    “Moscow now utilizes AI across 40 clinical modalities. These innovations accelerate diagnosis, improve accuracy, and reduce the workload for radiologists”.

    Osteoarthritis (OA) is a chronic joint disorder characterized by progressive cartilage degradation and bone remodeling. While prevalent among older adults, it can occur at any age. A new AI service deployed in Moscow assists radiologists in identifying key indicators of hip OA, including joint space narrowing, subchondral sclerosis (bone thickening), and osteophyte formation. This automation reduces image interpretation time, enhances diagnostic accuracy, and enables earlier therapeutic intervention.

    “The AI service enhances early detection of hip arthrosis, enabling timely treatment and better patient outcomes.”

    Yuri Vasilev, Moscow’s Chief Consultant for Radiology of the Moscow Healthcare Department, emphasized the clinical impact: “Accurate imaging assessment of hip osteoarthritis allows precise staging of hip OA, informing treatment strategies such as activity recommendations and pharmacotherapy. Key clinical signs of osteoarthritis include pain during ambulation and reduced range of motion in affected joints.”

    This AI deployment builds on five years of Moscow’s pioneering efforts to integrate computer vision in healthcare. Over 200 AI services have been tested, with approximately 100 algorithms incorporated into the URIS UMIAS system. Currently, around 50 AI tools analyze medical images in real-time, improving diagnostic speed and quality across 40 clinical modalities.

    The project is a collaboration between the Moscow Social Development Complex, the Center for Diagnostics and Telemedicine, and the city Department of Information Technology, underscoring Moscow’s commitment to leveraging AI for enhanced medical care.

    MIL OSI Russia News

  • MIL-OSI Russia: Results of SPIEF-2025.

    As Maksim Liksutov reported, the Moscow Government signed 61 agreements at the forum. A dedicated stand highlighted the city’s transport and industrial sectors.

    Forum guests:

    Learned about the development of the rail framework, unmanned technologies, and an AI-powered video analytics system as part of Moscow Transport’s strategy through 2030

    Explored a model of the innovative Moskva-2026 train

    Saw how batteries for electric transport will be manufactured at the Krasnaya Pakhra site in the city’s Special Economic Zone

    Studied metro maps in Arabic and Chinese

    Examined a prototype of the new ticket vending machine

    Received gifts from Moscow Transport — around 2,000 souvenir sets were distributed in total

    During SPIEF-2025, Moscow Mayor Sergey Sobyanin launched the third route of the city’s regular river electric transport, connecting Novospassky and ZIL and linking four city districts. In addition, Moscow signed a long-term lease agreement for Yaroslavsky Railway Station with Russian Railways (RZD) — a key step toward its comprehensive renovation and integration into the unified Moscow Transport system. An agreement was also signed with Transmashholding for the delivery of one of the largest batches of metro cars for the city’s subway. All these initiatives will make trips for Muscovites even more comfortable, reliable, and safe, — noted Maksim Liksutov.

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Belt-Road commissioner promotes HK

    Source: Hong Kong Information Services

    Commissioner for Belt & Road Nicholas Ho this week led a delegation to Indonesia and Malaysia to promote Hong Kong’s professional services in the fields of infrastructure and construction and to explore opportunities for co-operation.

    The delegates visited Jakarta, Indonesia on Monday and Tuesday, then proceeded to Kuala Lumpur, Malaysia, yesterday and today. They met government officials, business leaders and representatives of professional organisations and enterprises in both places. The trip concluded today.

    Mr Ho and his delegation visited the Daya Anagata Nusantara Investment Management Agency and the Investment Coordinating Board in Indonesia, as well as the Public Private Partnership Unit of the Prime Minister’s Department and the Malaysian Investment Development Authority in Malaysia, to learn about economic and infrastructural developments in the two places.

    While in Malaysia, they also met the country’s Minister of Transport Loke Siew Fook to learn about the planning and development of Malaysia’s transportation system, with a view to exploring opportunities for Hong Kong’s professional services to participate and contribute.

    In addition, they attended presentations on signature projects in both countries, directly connecting with representatives of local enterprises to explore opportunities for investment and co-operation.

    They also attended business lunch events to promote Hong Kong’s business advantages to local business leaders.

    During the visits, Hong Kong representatives signed 21 Memoranda of Understanding with partners in Indonesia and Malaysia, covering such areas as business collaboration and professional services exchanges.

    While in Jakarta, Mr Ho also visited a data centre, an investment development project led by a Hong Kong company, and heard about the centre’s contribution to the development of the Digital Silk Road.

    Mr Ho highlighted that the Association of Southeast Asian Nations is Hong Kong’s second-largest trading partner and a key link in the Belt & Road Initiative.

    “Indonesia and Malaysia are both undergoing rapid infrastructure development, and there is huge demand for professional services in large-scale projects such as the new capital city of Nusantara in Indonesia and the mass rapid transit system in Malaysia.”

    He stressed that Hong Kong, as a super connector and a super value-adder, upholds international standards in fields such as financing, law, construction engineering, project management, logistics, transportation, and technological innovation.

    “We also have a deep pool of professionals with experience especially in taking forward public-private partnerships in infrastructure projects, presenting extensive room for collaboration with Indonesia and Malaysia to seize the opportunities brought by the Belt & Road Initiative.”

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: FS attends AIIB meeting in Beijing

    Source: Hong Kong Information Services

    Financial Secretary Paul Chan attended the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Beijing today. He also held separate meetings with Minister of Finance Lan Fo’an and AIIB President Jin Liqun.

    Mr Chan participated in the opening ceremony of the annual meeting and joined the subsequent Governors’ Official Session.

    During the meeting, he witnessed the signing of a strategic partnership agreement between the Hong Kong Monetary Authority (HKMA) and the AIIB. Under the partnership agreement, the HKMA will collaborate closely with the AIIB to support venture capital in emerging Asia to jointly support the emerging economies in the region to drive green transformation and development of infrastructure through scientific and commercial innovation.

    Speaking about the agreement, Mr Chan said that this collaboration combines and leverages the knowledge, experience, networks and strengths of the HKMA and the AIIB.

    He said: “It supports emerging Asian economies in accelerating their development towards more prosperous and inclusive growth through innovation and technology. Additionally, it aids in building a more vibrant venture capital and innovation ecosystem within the region and further reinforces Hong Kong’s status as an international financial, innovation and technology centre.”

    Mr Chan later met AIIB President Jin Liqun. He expressed Hong Kong’s willingness to further enhance collaboration with the AIIB amid the ongoing reshaping of the global economic landscape and the development challenges faced by emerging economies.

    Such initiatives can include issuing bonds in more currencies and of various tenors, advancing investment co-operation in infrastructure loan securitisation and catastrophe bonds, and mobilising private capital to support Asia’s green and sustainable development projects and relevant technological proposals.

    The Financial Secretary also reiterated Hong Kong’s support for the AIIB to establish an office in Hong Kong and said he looks forward to the proposal’s early implementation.

    He also called on Minister of Finance Lan Fo’an, where both parties exchanged in-depth views on the economic and social development of the Mainland and Hong Kong.

    Mr Chan highlighted that the Hong Kong Special Administrative Region Government will continue to fully support the issuance of renminbi (RMB) sovereign bonds in Hong Kong. Efforts will also be made to enrich investment products and risk management tools, enhance RMB liquidity, and improve financial infrastructure to build a more prosperous offshore RMB business ecosystem.

    MIL OSI Asia Pacific News

  • MIL-OSI Security: Two drug kingpins jailed for life following Met EncroChat investigation

    Source: United Kingdom London Metropolitan Police

    Two men have been jailed for life for importing and dealing a tonne of cocaine and plotting a murder.

    The Met’s investigation uncovered the two men’s plan to commit a murder, as well as their role in delivering millions of pounds worth of drugs across the capital and beyond.

    The evidence of the offences were identified after officers trawled through thousands of messages on encrypted communication service EncroChat.

    Thought to be impenetrable by law enforcement, Met officers accessed chats between James Harding and Jayes Kharouti.

    It was identified that James Harding, 34 (01.01.1991), of Alton, Hampshire, was the head of a sophisticated organised drug dealing network, turning over an estimated £5 million profit in just 10 weeks. Harding resided in Dubai at the time of his arrest.

    Detective Chief Inspector Jim Casey, who led the investigation, said:

    “This sentencing shows the severity of the crimes the duo committed.

    “Following one of the largest EncroChat investigations in the Met’s history, I am pleased that both criminals are serving the time they deserve.

    “Not only did they have a detailed plan to kill, their conspiracy to import and deal drugs harmed a number of our communities in London and across the country.

    “This sends a clear message to other potential offenders: we will investigate and we will put you before the courts.”

    Harding was found guilty by the jury of conspiracy to supply Class A drugs and conspiracy to commit murder on Tuesday, 24 June at The Old Bailey, following a seven-week trial.

    He was sentenced to life at The Old Bailey on Thursday, 26 June, and will have to serve a minimum of 32 years’ imprisonment.

    Kharouti, 39, (09.02.1986) of Depot Road, Epsom, previously admitted to his role in supplying drugs on Friday, 8 November 2024 at The Old Bailey. He was also found guilty of conspiracy to commit murder alongside Harding on Tuesday, 24 June at the same court.

    He was sentenced to life at The Old Bailey on Thursday, 26 June, and will have to serve a minimum of 26 years’ imprisonment.

    Chats on the encrypted messaging site unveiled they both spoke, in detail, about their plan to kill a suspected drug courier from a ‘rival crime network’.

    This case is part of a wider operation to take down those who utilised EncroChat, after the National Crime Agency (NCA) passed information onto the Met after European agencies cracked the encrypted communications platform.

    So far, Met investigations have led to more than 5,000 years-worth of prison sentences for criminals on the site.

    The investigation

    Following the thorough investigation into a series of conversations on EncroChat, the Met discovered Harding used the handle “thetopsking”, while Kharouti used “besttops”. They used the platform to confidently communicate with each other about their vast criminal enterprise.

    The Met spent hundreds of hours reviewing and analysing these messages. Among them were clear conspiracies to carry out a murder of a rival drug gang member with detailed plans, involving recruiting paid hitmen, arranging firearms and getaway vehicles. They had also discussed times, dates and locations.

    This was on top of plans to coordinate deliveries of hundreds of kilograms of cocaine across the country, manage their vast finances and discuss security threats.

    The court heard that approximately 50 importations were made into the UK, with a total weight of one tonne, between April and June 2020.

    This allowed Harding to live a lavish lifestyle in the United Arab Emirates, where he conducted his criminal enterprise.

    The arrests

    Harding was arrested on Monday, 27 December 2021 at Geneva Airport, Switzerland. On Friday, 27 May 2022, he was extradited from Switzerland to the UK when he was arrested by Met officers.

    Kharouti’s home was searched in 2020 after he was linked to the messages. Police found a handset with the same number he gave to Harding. He fled the country shortly after this, before being found in Turkey and extradited back to the UK.

    MIL Security OSI

  • MIL-OSI: PBK Miner launches new 2-day XRP cloud mining contracts in response to surge in demand from short-term yield investors

    Source: GlobeNewswire (MIL-OSI)

    Carshalton, UK, June 26, 2025 (GLOBE NEWSWIRE) — Against the backdrop of a sharp increase in demand for short-term cryptocurrency investments, PBK Miner, a global cryptocurrency cloud mining platform, today announced the launch of its first 2-day XRP short-term cloud mining contract. The contract is open for a limited time from today until July 30, 2025, and each user is limited to one purchase, providing a new option for XRP investors who want to quickly earn passive income.

    As the practicality of the XRP ecosystem in payment, cross-border settlement and other fields continues to improve, more and more investors hope to achieve a balance between asset liquidity and returns without long-term lock-up. According to the latest report from Messari, the number of active addresses on the XRP chain increased by more than 18% in the first quarter of 2025, and short-term speculative capital inflows were obvious.

    PBK Miner said that this short-term contract product is the first mining strategy tailored for “short-term investors” on the platform, aiming to provide a more flexible and low-threshold value-added method in the current volatile market. At the same time, PBK Miner provides each new user with a limited-time reward of $10.

    “We have observed that a large portion of XRP holders are users who seek daily cash flow and quick returns. This new contract not only meets their requirements for security and sustainability, but also fills the market gap for flexible cloud mining solutions,” said PBK Miner’s product director.

    The main features of the contract:

    The cycle only takes 2 days, which is suitable for short-term investment testing and quick arbitrage;

    Daily profit distribution mechanism to enhance liquidity;

    Buy now and return reward mechanism to improve capital utilization efficiency;

    Access to PBK Miner’s global 30+ green energy mining network to achieve sustainable mining;

    Zero threshold for operation, suitable for novices and experienced users.

    Industry trend background:

    In recent years, digital currency mining has been transforming from a high-investment, high-threshold physical mining model to a “lightweight, green” cloud service model. Especially in the context of ESG (environment, society, governance) standards continuing to influence the digital currency industry landscape, cloud mining platforms with renewable energy capabilities are gaining favor with more and more investors.

    PBK Miner’s green mining network currently covers 183+ countries and regions around the world, all of which have passed third-party renewable energy certification, making it one of the few mining platforms in the industry to achieve “zero-carbon electricity input“.

    About PBK Miner:

    Founded in 2019 and headquartered in the UK, PBK Miner is a technology platform that focuses on providing cloud mining and crypto asset management services. The platform currently serves more than 8 million users and continues to expand its global mining network, committed to building a “safe, transparent, and environmentally friendly” next-generation cloud mining infrastructure.

    Registration and participation methods:

    This 2-day cloud mining contract can be purchased through the official website. All contract users can start mining immediately after purchasing, and the income is settled on a daily basis. PBK Miner said that the product will be available for a limited time in July 2025, and whether it will continue to be available in the future will depend on market feedback. Visit [https://pbkminer.com] now and new users can get a $10 reward.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network

  • MIL-OSI: Palomar and Neptune Partner to Accelerate Growth in U.S. Flood Insurance Market

    Source: GlobeNewswire (MIL-OSI)

    ~ Palomar to Appoint Neptune as Exclusive Managing General Agent for Flood Insurance ~

    LA JOLLA, Calif. and ST. PETERSBURG, Fla., June 26, 2025 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (“Palomar” NASDAQ: PLMR), a leading specialty insurer, and Neptune Flood (“Neptune”), the largest provider of private flood insurance in the United States, today announced a strategic partnership under which Neptune will become Palomar’s exclusive managing general agent for flood insurance.

    Palomar will continue its longstanding commitment to the private flood insurance market while gaining access to Neptune’s AI-based technology powered by data science and machine learning. The partnership enables both companies to advance their shared mission to deliver a robust technology driven alternative to the National Flood Insurance Program and make flood coverage more accessible to customers nationwide.

    “Neptune’s technology and underwriting capabilities make them an ideal partner as we continue to grow in the flood insurance space,” said Jon Christianson, President of Palomar. “Together, we are expanding flood insurance availability with a streamlined and scalable solution that delivers strong value to our policyholders and partners.”

    “Neptune is excited to add Palomar to our panel of top-tier carriers,” said Trevor Burgess, Chairman and Chief Executive Officer of Neptune Flood. “We look forward to welcoming Palomar’s flood customers to the Neptune platform and to increasing access to flood insurance nationwide.”

    Through the seamless transition, Palomar’s agents will gain access to Neptune’s platform, offering a streamlined quoting and binding experience with enhanced coverage options.

    About Palomar

    Palomar Holdings, Inc. is the holding company of subsidiaries Palomar Specialty Insurance Company (“PSIC”), Palomar Specialty Reinsurance Company Bermuda Ltd. (“PSRE”), Palomar Insurance Agency, Inc., Palomar Excess and Surplus Insurance Company (“PESIC”), Palomar Underwriters Exchange Organization, Inc. (“PUEO”), First Indemnity of America Insurance Co. (“FIA”), and Palomar Crop Insurance Services, Inc. (“PCIS”). Palomar’s consolidated results also include Laulima Exchange (“Laulima”), a variable interest entity for which the Company is the primary beneficiary. Palomar is an innovative specialty insurer serving residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. Palomar’s insurance subsidiaries, PSIC, PSRE, and PESIC, have a financial strength rating of “A” (Excellent) from A.M. Best. FIA carries an “A-” (Stable) rating from A.M. Best.

    To learn more, visit PLMR.com.

    Follow Palomar on LinkedIn: @PLMRInsurance

    About Neptune

    With nearly 250,000 policies in force, Neptune is the largest private flood insurance provider in the United States, revolutionizing the industry with AI-driven underwriting and data science-driven machine learning technology. Neptune simplifies the flood insurance process, offering instant, affordable, and comprehensive coverage in minutes, without the delays and complexities of traditional insurance. Neptune is committed to closing the flood insurance gap and making coverage accessible nationwide.

    Safe Harbor Statement
    Palomar cautions you that statements contained in this press release may regard matters that are not historical facts but are forward-looking statements. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Palomar that any of its plans will be achieved. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in the Company’s business. The forward-looking statements are typically, but not always, identified through use of the words “believe,” “expect,” “enable,” “may,” “will,” “could,” “intends,” “estimate,” “anticipate,” “plan,” “predict,” “probable,” “potential,” “possible,” “should,” “continue,” and other words of similar meaning. Actual results could differ materially from the expectations contained in forward-looking statements as a result of several factors, including unexpected expenditures and costs, unexpected results or delays in development and regulatory review, regulatory approval requirements, the frequency and severity of adverse events and competitive conditions. These and other factors that may result in differences are discussed in greater detail in the Company’s filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Contact

    Media Inquiries
    Lindsay Conner
    1-551-206-6217
    lconner@plmr.com

    Investor Relations:
    Jamie Lillis
    1-203-428-3223
    investors@plmr.com

    Neptune Media:
    Loren Pomerantz
    loren@combined-forces.com
    917-902-0219

    Source: Palomar Holdings, Inc.

    The MIL Network

  • MIL-OSI: Diginex Limited Added to S&P Global BMI Index, Marking Key Milestone in the Company’s Development

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 26, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced its inclusion in the S&P Global Broad Market Index (BMI), effective June 22, 2025. The addition to this widely recognized index marks a notable milestone for Diginex.

    The S&P Global BMI is one of the most comprehensive equity benchmarks in the world, covering more than 14,000 companies across developed and emerging markets. Inclusion in this index signals that Diginex meets BMI’s standards of market capitalization, liquidity, and public float adjustment, reinforcing its credibility with institutional investors and enhancing its visibility within the global investment community.

    “We believe Diginex’s inclusion in the S&P Global BMI is a strong validation of our corporate strategy, growth trajectory, and commitment to shareholder value,” said Mark Blick, CEO of Diginex Limited. “Being included in the S&P Global BMI not only increases our visibility among international investors but also positions us for potential investment by other passive and active funds that track global equity benchmarks.”

    Diginex’s inclusion in the S&P Global BMI index is expected to broaden its shareholder base and improve trading liquidity, further supporting its long-term growth.

    About S&P Global BMI
    The S&P Global Broad Market Index (BMI) is the only global index suite with a transparent, modular structure that has been fully float adjusted since 1989. This comprehensive, rules-based index series employs a transparent and consistent methodology across all countries and includes more than 14,000 stocks from developed and emerging markets.

    About Diginex
    Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. 

    The award-winning diginexESG platform supports 17 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and TCFD (the “Task Force on Climate-related Financial Disclosures”). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the SEC.

    Diginex
    Investor Relations
    Email: ir@diginex.com

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    IR Contact – Asia
    Shelly Cheng
    Strategic Financial Relations Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk 

    The MIL Network

  • MIL-OSI: Diginex Limited Added to S&P Global BMI Index, Marking Key Milestone in the Company’s Development

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 26, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced its inclusion in the S&P Global Broad Market Index (BMI), effective June 22, 2025. The addition to this widely recognized index marks a notable milestone for Diginex.

    The S&P Global BMI is one of the most comprehensive equity benchmarks in the world, covering more than 14,000 companies across developed and emerging markets. Inclusion in this index signals that Diginex meets BMI’s standards of market capitalization, liquidity, and public float adjustment, reinforcing its credibility with institutional investors and enhancing its visibility within the global investment community.

    “We believe Diginex’s inclusion in the S&P Global BMI is a strong validation of our corporate strategy, growth trajectory, and commitment to shareholder value,” said Mark Blick, CEO of Diginex Limited. “Being included in the S&P Global BMI not only increases our visibility among international investors but also positions us for potential investment by other passive and active funds that track global equity benchmarks.”

    Diginex’s inclusion in the S&P Global BMI index is expected to broaden its shareholder base and improve trading liquidity, further supporting its long-term growth.

    About S&P Global BMI
    The S&P Global Broad Market Index (BMI) is the only global index suite with a transparent, modular structure that has been fully float adjusted since 1989. This comprehensive, rules-based index series employs a transparent and consistent methodology across all countries and includes more than 14,000 stocks from developed and emerging markets.

    About Diginex
    Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. 

    The award-winning diginexESG platform supports 17 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and TCFD (the “Task Force on Climate-related Financial Disclosures”). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the SEC.

    Diginex
    Investor Relations
    Email: ir@diginex.com

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    IR Contact – Asia
    Shelly Cheng
    Strategic Financial Relations Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk 

    The MIL Network

  • MIL-OSI: Mattr Corp. Announces Renewal of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR), today announced that the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to renew its normal course issuer bid (the “NCIB”) for common shares of the Company (the “Common Shares”).

    Pursuant to the NCIB, the Company may purchase for cancellation up to 4,991,584 Common Shares, representing approximately 10% of the Company’s public float as at June 16, 2025. As at June 16, 2025, the Company had 61,649,707 Common Shares issued and outstanding. The NCIB will commence on June 30, 2025 and terminate one year after its commencement, or earlier if the maximum is reached or the NCIB is terminated at the option of the Company. The Company believes that using the NCIB to return capital to its shareholders will increase shareholder value and further the returns of the Company.

    All purchases pursuant to the NCIB will be made through the facilities of the TSX, or such other permitted means (including through alternative trading systems in Canada, including NEO-N, NEO-L, NEO-D, Crossing Facility, CSE, ICX, Liquidnet, CXC, CX2, CXD, Omega ATS, Lynx ATS, TSX Venture Exchange, TSX Alpha Exchange and MATCH Now (together, the “Other Exchanges”)), at prevailing market prices or as otherwise permitted. The NCIB will be funded using existing cash resources and any Common Shares repurchased by the Company under the NCIB will be cancelled. Other than purchases made under a block purchase exemption pursuant to the rules and policies of the TSX, daily purchases on the TSX pursuant to the NCIB will be limited to 68,375 Common Shares, which represents approximately 25% of the average daily trading volume of 273,500 Common Shares of the Company for the most recently completed six calendar months preceding May 31, 2025.

    The actual number of Common Shares which may be purchased pursuant to the NCIB and the timing of any such purchases will be determined by the Company, subject to applicable law and the rules of the TSX and/or the rules of the Other Exchanges, if eligible, to the extent made through such facilities.

    In connection with the NCIB, the Company has entered into an automatic share purchase plan (the “Plan”) with a designated broker (the “Broker”) in order to facilitate repurchases of its outstanding Common Shares under the NCIB. The Plan has been approved by the TSX and will be implemented effective as of June 30, 2025.

    Under the Plan, the Broker may purchase Common Shares under the NCIB at times when the Company would ordinarily not be permitted to, due to its self-imposed regular quarterly black-out periods or special black-out periods. Before the commencement of any particular internal trading black-out period, the Company may, but is not required to, instruct the Broker to make purchases of Common Shares under the NCIB during the ensuing black-out period in accordance with the terms of the Plan. Such purchases will be determined by the Broker based on parameters established by the Company prior to commencement of the applicable black-out period in accordance with the terms of the Plan and applicable TSX rules and/or the rules of the Other Exchanges, if eligible, to the extent made through such facilities. Outside of these black-out periods, Common Shares will continue to be purchasable by the Company and the Broker at the Company’s discretion under the NCIB.

    Under the Company’s previous NCIB commencing June 28, 2024, the Company purchased for cancellation a total of 4,982,824 Common Shares, being the maximum number of Common Shares it was authorized to repurchase, through the facilities of the TSX or by such other permitted means, for an aggregate repurchase price of approximately $65,163,948.95 and at a volume weighted average purchase price of $13.07 per Common Share. The previous NCIB terminated on June 4, 2025, the date the maximum purchase limit had been reached.

    About Mattr

    Mattr is a growth-oriented, global materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy and electrification. Its two business segments, Connection Technologies and Composite Technologies, enable responsible renewal and enhancement of critical infrastructure.

    For further information, please contact:

    Meghan MacEachern
    VP, Investor Relations & External Communications
    Tel: 437-341-1848
    Email: meghan.maceachern@mattr.com
    Website: www.mattr.com

    Forward-Looking Information

    This news release contains forward-looking information within the meaning of applicable securities laws, including statements related to the NCIB, the timing and amount of potential purchases and the cancellation of Common Shares under the NCIB and the Plan. Words such as “intend”, “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “predict”, “estimate” or similar terminology are used to identify forward-looking information. This forward-looking information is based on assumptions, estimates and analysis made in the light of the Company’s experience and its perception of trends, current conditions and expected developments, as well as other factors that are believed by the Company to be reasonable and relevant in the circumstances. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from those predicted, expressed or implied by the forward-looking information. The forward-looking information is provided as of the date of this news release and the Company does not assume any obligation to update or revise the forward-looking information to reflect new events or circumstances, except as required by law.

    Source: Mattr Corp.

    The MIL Network

  • MIL-OSI Africa: Kaspersky: ChatGPT-mimicking cyberthreats surge 115% in early 2025, Small and Medium-Sized Businesses (SMBs) increasingly targeted

    In 2025, nearly 8,500 users from small and medium-sized businesses (SMBs) globally faced cyberattacks where malicious or unwanted software was disguised as popular online productivity tools, Kaspersky reports (www.Kaspersky.co.za). Based on the unique malicious and unwanted files observed, the most common lures included Zoom and Microsoft Office, with newer AI-based services like ChatGPT and DeepSeek being increasingly exploited by attackers. Kaspersky has released threat analysis and mitigation strategies to help SMBs respond. 

    Kaspersky analysts explored how frequently malicious and unwanted software are disguised as legitimate applications commonly used by SMBs, using a sample of 12 online productivity apps. In total, Kaspersky observed more than 4,000 unique malicious and unwanted files disguised as popular apps in 2025. With the growing popularity of AI services, cybercriminals are increasingly disguising malware as AI tools. The number of cyberthreats mimicking ChatGPT increased by 115% in the first four months of 2025 compared to the same period last year, reaching 177 unique malicious and unwanted files. Another popular AI tool, DeepSeek, accounted for 83 files. This large language model launched in 2025 immediately appeared on the list of impersonated tools. 

    “Interestingly, threat actors are rather picky in choosing an AI tool as bait. For example, no malicious files mimicking Perplexity were observed. The likelihood that an attacker will use a tool as a disguise for malware or other types of unwanted software directly depends on the service’s popularity and hype around it. The more publicity and conversation there is around a tool, the more likely a user will come across a fake package on the Internet. To be on the safe side, SMB employees – as well as regular users – should exercise caution when looking for software on the Internet or coming across too-good-to-be-true subscription deals. Always check the correct spelling of the website and links in suspicious emails. In many cases these links may turn out to be phishing or a link that downloads malicious or potentially unwanted software,” says Vasily Kolesnikov, security expert at Kaspersky.  

    Another cybercriminal tactic to look for in 2025 is the growing use of collaboration platform brands to trick users into downloading or launching malware. The number of malicious and unwanted software files disguised as Zoom increased by nearly 13% in 2025, reaching 1,652, while such names as “Microsoft Teams” and “Google Drive” saw increases of 100% and 12%, respectively, with 206 and 132 cases. This pattern likely reflects the normalisation of remote work and geographically distributed teams, which has made these platforms integral to business operations across industries. 

    Among the analysed sample, the highest number of files mimicked Zoom, accounting for nearly 41% of all unique files detected. Microsoft Office applications remained frequent targets for impersonation: Outlook and PowerPoint each accounted for 16%, Excel for nearly 12%, while Word and Teams made up 9% and 5%, respectively. 

    The top threats targeting small and medium businesses in 2025 included downloaders, trojans and adware. 

    Phishing and spam 

    Apart from malware threats, Kaspersky continues to observe a wide range of phishing and scam schemes targeting SMBs. Attackers aim to steal login credentials for various services — from delivery platforms to banking systems — or manipulate victims into sending them money through deceptive tactics. One example is a phishing attempt targeting Google Accounts. Attackers promise potential victims to increase sales by advertising their company on X, with the ultimate goal being to steal their credentials.  

    Beyond phishing, SMBs are flooded with spam emails. Not surprisingly, AI has also made its way into the spam folder — for example, with offers for automating various business processes. 

    In general, Kaspersky observes phishing and spam offers crafted to reflect the typical needs of small businesses, promising attractive deals on email marketing or loans, offering services such as reputation management, content creation, or lead generation, and more. 

    Learn more about the cyber threat landscape for SMBs on Securelist (https://apo-opa.co/3I0itLw). To mitigate threats targeting businesses, their owners and employees are advised to implement the following measures:  

    • Use specialised cybersecurity solutions that provide visibility and control over cloud services (e.g., Kaspersky Next (https://apo-opa.co/4nzvzQm)). 
    • Define access rules for corporate resources such as email accounts, shared folders, and online documents. 
    • Regularly backup important data. 
    • Establish clear guidelines for using external services. Create well-defined procedures for implementing new software with the involvement of IT and other responsible managers. 

    Distributed by APO Group on behalf of Kaspersky.

    For further information please contact: 
    Nicole Allman 
    nicole@inkandco.co.za  

    Social Media:
    Facebook: https://apo-opa.co/4lnbavE
    X: https://apo-opa.co/3TvWkaF
    YouTube: https://apo-opa.co/4nfAq8Z
    Instagram: https://apo-opa.co/4kYTZRl
    Blog: https://apo-opa.co/4emf9q1

    About Kaspersky: 
    Kaspersky is a global cybersecurity and digital privacy company founded in 1997. With over a billion devices protected to date from emerging cyberthreats and targeted attacks, Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect individuals, businesses, critical infrastructure, and governments around the globe. The company’s comprehensive security portfolio includes leading digital life protection for personal devices, specialized security products and services for companies, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. We help millions of individuals and over 200,000 corporate clients protect what matters most to them. Learn more at www.Kaspersky.co.za.  

    MIL OSI Africa

  • MIL-OSI Africa: Courtesy Call on Minister Radegonde by Captain Vikas Guleria


    Download logo

    Captain Vikas Guleria, Commanding Officer of INS TEG paid a courtesy call on Mr. Sylvestre Radegonde, Minister for Foreign Affairs and Tourism, at Maison Quéau de Quinssy on Thursday, 26 June 2025.

    During the meeting, discussions centered on the enduring tradition of the Indian Armed Forces’ involvement in Seychelles’ National Day celebrations as well as this year’s National Day Parade. Captain Vikas Guleria, who participated in the national day festivities in Seychelles in 2017, is keen to enhance cultural and people to people relationships to foster regional partnerships during his visit.

    They also highlighted ongoing capacity-building efforts through the Indian Technical and Economic Cooperation (ITEC) programme for Seychelles Defence Forces personnel and the joint surveillance of Seychelles’ Exclusive Economic Zone (EEZ) being conducted in partnership with the Seychelles Coast Guard during INS TEG’s visit.

    Recognizing India as a key maritime security partner, Minister Radegonde underlined the importance of continued naval cooperation in addressing regional threats such as piracy off the Somali coast and other illicit maritime activities such, as Illegal, Unreported, and Unregulated fishing, in the Western Indian Ocean.

    Minister Radegonde expressed appreciation for India’s enduring support and reaffirmed Seychelles’ commitment to strengthening bilateral ties. He welcomed the continued presence of Indian naval vessels in Seychelles as a testament to the deepening military cooperation between the two nations.

    Distributed by APO Group on behalf of Ministry of Foreign Affairs and Tourism, Republic of Seychelles.

    MIL OSI Africa

  • MIL-OSI Economics: Performance of Private Corporate Business Sector during 2024-25

    Source: Reserve Bank of India

    Today, the Reserve Bank released data on the performance of the private corporate sector during 2024-25 drawn from abridged financial results of 3,902 listed non-government non-financial (NGNF) companies. Corresponding data pertaining to 2023-24 are also presented in the tables to enable comparison. The data can be accessed at the web-link https://data.rbi.org.in/DBIE/#/dbie/reports/Statistics/Corporate%20Sector/Listed%20Non-Government%20Non-Financial%20Companies.

    Highlights

    Sales

    • During 2024-25, sales growth of listed private non-financial companies improved to 7.2 per cent from a low of 4.7 per cent during the previous year (Tables 1A).

    • Sales of manufacturing sector companies rose by 6.0 per cent during 2024-25 as compared to 3.5 per cent growth in the previous year, mainly led by automobiles, electrical machinery, food & beverages and pharmaceuticals industries. On the other hand, among the major industries, petroleum and iron & steel industries recorded contraction in their sales during 2024-25 (Tables 2A and 5A, Chart 1).

    • Despite global headwinds, sales growth of IT companies improved to 7.1 per cent during 2024-25 from 5.5 per cent in the previous year. Non-IT services companies recorded double digit sales growth during 2024-25, led by healthy performance of telecommunication, transport & storage services and wholesale & retail trade industries.

    Expenditure

    • In line with acceleration in sales, manufacturing companies’ expenses on raw material rose by 6.6 per cent during 2024-25; raw material to sales ratio increased to 55.7 per cent in 2024-25 from 54.2 per cent a year ago, pointing to input cost pressure (Table 2A and 2B).

    • Staff cost rose by 10.0 per cent, 4.4 per cent and 12.0 per cent during 2024-25 for manufacturing, IT and non-IT services companies, respectively; staff cost to sales ratio broadly remained stable for manufacturing companies while it moderated for services companies.

    Pricing power

    • With increase in the input costs, operating profit growth of manufacturing companies moderated to 6.0 per cent during 2024-25 from 12.4 per cent in the previous year; within services sector, profit growth moderated to 15.9 per cent in 2024-25 for the non-IT services companies, while it inched up to 6.1 per cent for IT companies (Table 2A).

    • During 2024-25, operating profit margin moderated by 20 basis points (bps), 80 bps and 30 bps to 14.2 per cent, 21.9 per cent and 22.1 per cent, respectively, for manufacturing, IT and non-IT services companies (Table 2B, Chart 2).

    Interest expenses

    List of Tables
    Table No. Title
    1 A Performance of Listed Non – Government Non-Financial Companies Growth Rates
    B Select Ratios
    2 A Performance of Listed Non-Government Non-Financial Companies – Sector – wise Growth Rates
    B Select Ratios
    3 A Performance of Listed Non-Government Non-Financial Companies according to Size of Paid-up-Capital Growth Rates
    B Select Ratios
    4 A Performance of Listed Non-Government Non-Financial Companies according to Size of Sales Growth Rates
    B Select Ratios
    5 A Performance of Listed Non-Government Non-Financial Companies according to Industry Growth Rates
    B Select Ratios
    Explanatory Notes
    Glossary of Terms

    Notes:

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/596


    MIL OSI Economics

  • MIL-OSI Economics: AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF SECOND QUARTER 2025 RESULTS AND CONFERENCE CALL

    Source: Agnico Eagle Mines

    Stock Symbol: AEM (NYSE and TSX)

    TORONTO, June 26, 2025 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle” or the “Company“) today announced that it will release its second quarter 2025 results on Wednesday, July 30, 2025, after normal trading hours.

    Second Quarter 2025 Results Conference Call and Webcast

    Agnico Eagle’s senior management will host a conference call on Thursday, July 31, 2025, at 11:00 AM (E.D.T.) to discuss the Company’s financial and operating results.

    Via Webcast:

    To listen to the live webcast of the conference call, you may register on the Company website at www.agnicoeagle.com, or directly via the link here.

    Via Phone:

    To join the conference call by phone, please dial 416.945.7677 or toll-free 1.888.699.1199 to be entered into the call by an operator. To ensure your participation, please call approximately five minutes prior to the scheduled start of the call.

    To join the conference call without operator assistance, you may register your phone number here 30 minutes prior to the scheduled start of the call to receive an instant automated call back.

    Replay Archive:

    Please dial 289.819.1450 or toll-free 1.888.660.6345, access code 68663 #. The conference call replay will expire on August 31, 2025.

    The webcast, along with presentation slides, will be archived for 180 days on the Company’s website.

    About Agnico Eagle

    Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of high-quality exploration and development projects. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

    View original content to download multimedia:https://www.prnewswire.com/news-releases/agnico-eagle-provides-notice-of-release-of-second-quarter-2025-results-and-conference-call-302491697.html

    SOURCE Agnico Eagle Mines Limited

    MIL OSI Economics

  • MIL-OSI United Kingdom: Operating in the Future Electromagnetic Environment symposium 2025

    Source: United Kingdom – Executive Government & Departments

    News story

    Operating in the Future Electromagnetic Environment symposium 2025

    Representatives from industry, academia and government are invited to join the OFEME symposium to work alongside Dstl’s scientists and shape future thinking.

    The Defence Science and Technology Laboratory (Dstl) hosts its sixth Operating in the Future Electromagnetic Environment (OFEME) symposium from 18 to 20 November 2025 in Newport, Wales.

    The event, supported by the Electromagnetic Environment (EME) Hub, is designed as an in-person event, but there will be options to join virtually if you are unable to join us in Wales.

    Importance of the electromagnetic environment

    The EME is crucial for many sectors including healthcare and mobility (moving people, goods and services), and for a connected society. In defence, spectrum dependent systems are present across land, maritime, air and space. Their uses include communications, sensing, weapons systems and more.

    As demand grows, reliable access to the electromagnetic spectrum becomes more difficult, creating a challenge for UK information advantage and maintaining situational awareness.

    From a defence perspective, adversaries will actively contest access, such as through electromagnetic warfare, to deliberately deny or degrade access. Maintaining freedom of action and delivering effects in and through the congested and contested electromagnetic environment is therefore an essential and growing challenge.

    Symposium details

    The symposium this year will continue to expand its scope included in the previous events.

    The event will cover:

    • shared challenges for operating within the future electromagnetic environment, emerging sensing and PNT technologies, both inside and outside of defence
    • how research and development investment can be harnessed in future approaches

    The event will feature:

    • a range of keynote speakers
    • technical presentations
    • panel discussions
    • poster sessions
    • interactive workshops
    • networking sessions

    These activities will cover advances and implications of a variety of technical topics including:

    • space
    • metamaterials
    • semiconductors
    • electro-optics (to include photonics)
    • quantum advantage (position, navigation and timing (PNT))
    • filamentation
    • filters
    • artificial intelligence
    • semantic communications

    Who can attend

    Academics, industry partners (including small and medium-sized enterprises and non-traditional defence suppliers), PhD students and colleagues from the Ministry of Defence (MOD) and across government are all invited to attend the symposium.

    The event will provide space to network and discuss collaboration opportunities with Dstl scientists to shape future thinking on how to address sensing challenges.

    Pre-register for this event

    You must pre-register your interest online if you would like to attend this symposium, by Friday 3 October 2025.

    You will then receive a link to complete the symposium delegate registration process.

    Submit your poster

    If you would like to create a poster abstract highlighting the themes of the symposium, please complete our online form with a PDF of your poster by 5pm on Friday 12 September 2025.

    We will let you know the outcome of your submission by Friday 19 September 2025.

    Posters will be presented across both of the 2 conference days. Some authors will also be invited to give lightning talks based on their poster abstracts.

    We are also looking for sponsors to support this year’s symposium. Specifically funding towards a 90-minute reception at the end of day 2, which will help promote networking and knowledge sharing. Sponsorship would cover the costs of holding this reception.

    Please let us know if you’re interested in sponsoring by emailing: OFEME_Symposium@dstl.gov.uk by 5pm on Friday 12 September 2025.

    Any information that is to be presented by any party at this symposium and further that is detailed within this event will be deemed to be in the public domain and therefore will not require further approval for its use by the receiving parties not withstanding any rights of ownership of information set in law. We will ask for a PDF copy of your presentation to be sent to us.

    Please email the EME Hub emehub@mailbox.lboro.ac.uk  for any further information.

    Updates to this page

    Published 26 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: SCO Member States Arts Festival to Be Held in Qingdao in July

    Translation. Region: Russian Federal

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

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

    BEIJING, June 26 (Xinhua) — The Shanghai Cooperation Organization (SCO) Arts Festival will open on July 7 this year in Qingdao, east China’s Shandong Province, local authorities said.

    As it became known at the city government press conference held on Wednesday, the opening ceremony of the festival will take place on July 7 in the format of a youth song evening and will be dedicated to demonstrating the charm of the diverse cultures of the SCO member states.

    By now, delegations from Russia, Belarus, Kazakhstan and other countries have been invited to the opening ceremony, the organizer said. Young artists from SCO member states will perform in such vocal and instrumental genres as popular music, jazz, string music, opera, etc.

    On the Chinese side, the opening ceremony will be attended by the China Opera and Dance Theater, the China Oriental Performing Arts Group, the Central Academy of Drama, the Qingdao Song and Dance Theater, and others.

    The scenography of the opening ceremony will be unique and inventive, embodying the unique urban character of Qingdao. The magnificent light show in Fushan Bay will serve as the natural backdrop for the stage, further enhancing the artistic atmosphere and fully demonstrating the international charm and style of Qingdao.

    In early July 2024, China assumed the rotating presidency of the SCO for 2024-2025. It was previously announced that the organization’s next summit would be held this fall in the Chinese city of Tianjin. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: GCRR PRC: China has confidence and potential to maximally cushion external economic shocks

    Translation. Region: Russian Federal

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

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

    BEIJING, June 26 (Xinhua) — China has the confidence and capacity to maximally cushion the negative impact of external shocks on its economy and promote sustainable and healthy economic development, Li Chao, an official with the National Development and Reform Commission (NDRC), said at a press conference on Thursday.

    The external environment is becoming increasingly complex, severe and unpredictable, posing challenges to the stable growth of the global economy and trade, she said. All of this could affect the sustainable functioning of China’s economy, she added.

    Recall that in the first quarter of 2025, China’s GDP grew by 5.4 percent year-on-year, accelerating from the 5 percent growth rate recorded for the whole of 2024. China has set a target of 5 percent economic growth this year.

    She also noted that existing support measures continue to operate, and new measures are being introduced. In particular, large-scale equipment modernization and the program of replacing old consumer goods with new ones under the trade-in scheme are playing an increasingly significant role in the country in stabilizing investments, stimulating consumption, promoting economic transformation and raising people’s living standards, she noted.

    According to her, thanks to this program, sales of home appliances, furniture and communication devices have grown rapidly, and this year the sales volume of goods under the program exceeded 1.4 trillion yuan (about 195.48 billion US dollars).

    The Chinese government has earmarked 300 billion yuan to issue ultra-long-term special government bonds to support the consumer goods trade-in program in 2025, with the first two tranches of funds totaling 162 billion yuan issued in January and April, Li Chao said, adding that the third batch of funding will be released in July. -0-

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: DH holds first briefing session for industry on regulatory regime for clinics and small practice clinics (with photo)

    Source: Hong Kong Government special administrative region

    The provisions of the Private Healthcare Facilities Ordinance (Cap. 633) regulating clinics and small practice clinics (SPCs), where registered medical practitioners and/or registered dentists practise, will come into effect on October 13. Operators of clinics and SPCs must obtain a clinic licence or a letter of exemption to continue their operations. Starting from that day, the Department of Health (DH) will begin accepting applications for clinic licences as well as requests for letters of exemption for SPCs. To help the industry fully understand the legal requirements, the DH today (June 26) held the first in-person briefing session, which was well attended by nearly 200 participants.
     
    The Ordinance provides for transitional arrangements for clinics that were already in operation on or before November 30, 2018. Operators of such clinics must submit applications for clinic licences to the Director of Health (DoH) between October 13, 2025, and April 13, 2026. Depending on the circumstances, the DH may issue a provisional licence to allow these clinics to continue their operation before a full licence is issued. This allows operators to make the necessary modifications to their clinics for complying with licensing requirements. The provisional licence will expire on any of the following: the date specified by the Secretary for Health for the expiry of provisions pertaining to provisional licences; the issuance of a full licence to the licensee; or the withdrawal or rejection of the full licence application.
     
    For clinics that commenced operation after November 30, 2018 (including new establishments or those relocated to new premises), operators may apply directly to the DoH for a full licence from October 13 onwards.
     
    For SPCs (i.e. clinics with no more than five registered medical practitioners and/or registered dentists that meet specific conditions under the Ordinance), operators may submit request for a letter of exemption to the DoH starting from October 13 for continued operation without obtaining a licence. The DH will issue letters of exemption to those meeting the requirements of the Ordinance.
     
    To help the industry fully understand the regulations, the DH has launched a publicity campaign on its website since the first quarter of this year and will progressively step up these efforts through various channels, including professional organisations, press releases, television announcements, and radio broadcasts. The DH will also arrange multiple briefing sessions for stakeholders from July to September to explain the application details and points to note. Please visit the website of the Office for Regulation of Private Healthcare Facilities (www.orphf.gov.hk) for details.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Performance venue reforms unveiled

    Source: Hong Kong Information Services

    The Leisure & Cultural Services Department today announced reforms to its hiring policy and performance venues, aiming to provide more performance slots for use by different arts groups and to establish clearer venue identities.

    Measures include repositioning the Hong Kong Coliseum. Having previously been accorded priority for sports events, it will in future be accorded priority for concerts, with more slots being provided to concert organisers in order to promote the development of a concert economy.

    Meanwhile, the East Kowloon Cultural Centre will be established as the city’s prime venue for long-running performances and arts technology. This new major venue is expected to be in full operation by the end of this year, and will be equipped with advanced equipment for hosting multimedia programmes. Special booking arrangements will be announced in July.

    The Sha Tin Town Hall Auditorium will accord priority to Cantonese opera. Professional troupes meeting specified criteria can make special bookings throughout the year for such performances. Priority booking arrangements will be announced in July.

    The Venue Partnership Scheme will also be enhanced. A sixth round of the scheme will operate for three years from April 1, 2026, providing more performance slots and deepening partnerships between venues and performing arts groups or organisations. The sixth round of the scheme will aim to strengthen venue identities, broaden the audience base, and select the best and suitable arts groups as venue partners.

    Interested local performing arts groups and organisations are invited to submit proposals by 5.30pm on August 20, 2025. The Invitation for Proposals document is available at Sha Tin Town Hall and Sheung Wan Civic Centre, and can also be downloaded online.

    The department will conduct two briefing sessions at the Cultural Centre – one at 10.30am on July 4 and another at 11.30am on July 14. The briefing sessions will be conducted in Cantonese. Call 2450 5692 for enquiries.

    MIL OSI Asia Pacific News

  • MIL-OSI: Petrus Resources Announces Renewal of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 26, 2025 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus“) (TSX: PRQ) is pleased to announce that the Toronto Stock Exchange (the “TSX“) has accepted Petrus’ notice of intention to renew its normal course issuer bid (the “NCIB“). The NCIB allows Petrus to purchase up to 6,448,237 common shares (representing 5% of Petrus’ outstanding common shares as of June 18, 2025) over a period of twelve months commencing on June 30, 2025. On June 18, 2025, Petrus had 128,964,754 common shares outstanding. The NCIB will expire no later than June 29, 2026.

    Under the NCIB, common shares may be repurchased on the open market through the facilities of the TSX and/or alternative Canadian trading systems and in accordance with the rules of the TSX governing normal course issuer bids. The total number of common shares Petrus is permitted to purchase through the facilities of the TSX is subject to a daily purchase limit of 9,751 common shares, representing 25% of the average daily trading volume of 39,004 common shares on the TSX calculated for the six-month period ended May 31, 2025. However, Petrus may make one block purchase per calendar week which exceeds such daily repurchase restrictions. Any common shares that are purchased under the NCIB will be cancelled.

    Petrus believes that, at times, the prevailing share price does not reflect the underlying value of the common shares and the repurchase of its common shares for cancellation represents an attractive opportunity to enhance Petrus’ per share metrics and thereby increase the underlying value of Petrus’ common shares to its shareholders.

    In connection with the NCIB, Petrus has established an automatic share purchase plan (“ASPP”) with a designated broker. The ASPP is designed to aid in the repurchasing of common shares during periods under the NCIB when Petrus would typically be restricted from making purchases due to regulatory constraints or customary self-imposed blackout periods. Prior to the onset of any specific trading blackout period, Petrus may, at its discretion, instruct its designated broker to acquire common shares under the NCIB during the subsequent blackout period in line with the terms of the ASPP. Such acquisitions will be determined by the designated broker independently, based on purchasing criteria set by Petrus in compliance with TSX regulations, relevant securities laws, and the terms of the ASPP. The ASPP has been pre-cleared by the TSX. Outside of predefined blackout periods, common shares may be bought under the NCIB at the discretion of management, in accordance with TSX regulations and applicable securities laws.

    As of June 18, 2025, under Petrus’ current NCIB that runs from June 28, 2024 to June 27, 2025 and pursuant to which Petrus may repurchase up to 6,218,596 common shares, Petrus has not repurchased any common shares.

    ABOUT PETRUS

    Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.

    For further information, please contact:

    Ken Gray
    President and Chief Executive Officer
    T: 403-930-0889
    E: kgray@petrusresources.com

    The MIL Network

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – WAREHOUSE REIT PLC – Ordinary Shares

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
       
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree
    Warehouse REIT plc  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure
    25 June 2025  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”
    YES
    TRITAX BIG BOX REIT PLC
     
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: 1 ordinary (GB00BD2NCM38)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 2,172,298 0.51 %      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 2,172,298 0.51 %      
       
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

     
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

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

     
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
             
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (b) Agreements, arrangements or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 26 June 2025  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

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

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

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

    The MIL Network

  • MIL-OSI Africa: Let UN lead peaceful dispute resolution in Israel, Iran conflict

    Source: South Africa News Agency

    The South African government has called for the immediate de-escalation of hostilities between Israel and the Islamic Republic of Iran.

    The two countries traded air strikes earlier this month.

    Speaking during a media briefing on the outcomes of a Cabinet meeting held on Wednesday, Minister in the Presidency Khumbudzo Ntshavheni said Cabinet was “deeply concerned about escalation of hostilities between Israel and the Islamic Republic of Iran, along with airstrikes by the United States of America”.

    “The ongoing attacks by both countries has led to loss of lives, casualties and destruction to property. Cabinet calls for an urgent de-escalation of hostilities, restraint and full compliance with international law by all parties to prevent further human suffering.

    “Cabinet further calls on the USA, Israel and Iran to create room for constructive dialogue and give the United Nations the opportunity to lead the peaceful resolution of dispute, including the inspection and verification of Iran’s status on uranium enrichment, as well as its broader nuclear capacity.

    “The world cannot afford the balkanisation of Iran, by the sheer size of its population, geographic location and mineral resources.

    “As a continent, we in Africa are still suffering the consequences of the balkanisation of Libya 14 years later, with the escalation of terrorism across the continent,” she said.

    Turning to issues in the Caribbean, Ntshavheni said Cabinet had registered concern on the ongoing gang violence in Haiti.

    “Cabinet is concerned about the Haiti’s worsening situation and asserts that a multifaceted approach is needed to strengthen governance, improving law enforcement, and promoting economic development through regional and international cooperation prioritising Haitian interests,” she said.

    Group of 7 (G7)

    Cabinet reflected on the G7 Leaders’ Summit held in Canada last week.

    President Cyril Ramaphosa participated in the G7 Summit Outreach Session.

    “President Ramaphosa used the opportunity of the G7 to urge for greater cooperation between the G7 and the G20 and mobilise support for reforms in the international institutions of global governance such as the UN Security Council and the global financial system.

    “The President’s participation in the G7 clearly points out that South Africa does not hold an anti-West policy position, but we are ready to work with everyone to pursue South Africa’s national interests and to advance the African Agenda,” she said.

    SANDF soldiers

    Regarding the return of South African soldiers from the Democratic Republic of Congo, Ntshavheni said Cabinet was briefed on the process to bring them home.

    “Cabinet was updated on the phased arrival of South African National Defence Force (SANDF) troops from the eastern Democratic Republic of Congo (DRC) following the SADC decision to terminate the SAMIDRC intervention.

    “About 1 718 SANDF troops have now arrived in the country, and more are expected to arrive over the next few weeks.

    “Cabinet reaffirmed South Africa’s continued commitment to a peaceful, stable and prosperous Southern African region and commended the efforts by the SANDF troops to contribute towards restoring peace, security and stability in the DRC,” she said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: R11 billion assets linked to State Capture Commission recovered

    Source: South Africa News Agency

    Thursday, June 26, 2025

    As government continues to implement the President’s response to the recommendations of the State Capture Commission report, the asset recovery linked to the commission has increased from R2.9 billion in October 2022 to R11 billion by March 2025.

    This was revealed by Minister in The Presidency, Khumbudzo Ntshavheni, on Thursday, during a media briefing in Cape Town, on the outcomes of a Cabinet meeting that was held on Wednesday.

    “Cabinet was briefed about substantial progress made in the implementation of the recommendations of the State Capture Commission. Major reforms include the enactment of eight new laws addressing corruption, procurement, intelligence services, and corporate accountability,” the Minister said.

    The criminal investigations and prosecutions work has resulted in the conclusion of four state capture commission cases with guilty verdicts.

    Eleven other cases involving 51 natural persons and 27 companies have been enrolled in court.

    “The erstwhile Department of Public Enterprises referred 71 former State-Owned Enterprise (SOE) directors to the Companies and Intellectual Property Commission (CIPC) for delinquency proceedings resulting in nine active court cases.

    “The CIPC has completed reviews for 10 private sector entities implicated in the State Capture Report, with six investigations ongoing and eight new Special Investigating Unit (SIU) referrals under assessment,” Ntshavheni said.

    The National Treasury has imposed a 10 year (2022-2032) ban on Bain & Co on doing business with the state, which Bain is challenging in court.

    Various reforms to prevent future state capture are underway while some have been implemented. Amongst those are:
    •    The establishment of the Investigating Directorate Against Corruption which commenced its operations on 19 August 2024.
    •    The National Framework towards the Implementation of Professionalisation of the Public Sector was approved by Cabinet in October 2022 and the National Anti-corruption Advisory Council has concluded research into the institutional reform recommendations of the State Capture Commission. – SAnews.gov.za
     

    MIL OSI Africa

  • MIL-OSI Africa: World Bank loan ‘aligned with National Treasury’s principles’

    Source: South Africa News Agency

    The recently announced US$1.5 billion Development Policy Loan Agreement signed between the South African government and the World Bank will be used to unlock infrastructure bottlenecks in South Africa.

    This according to Minister in the Presidency Khumbudzo Ntshavheni who held a post-Cabinet media briefing in Cape Town on Thursday.

    National Treasury announced the loan agreement in a statement on Monday.

    “Cabinet was updated on the US$1.5 billion Development Policy Loan Agreement signed between the South African government and the World Bank that will be used to ensure inclusive economic growth and job creation. 

    “The loan is aligned with the National Treasury’s principles that forms part of the government’s broader efforts to implement structural reforms and will be used to unlock key infrastructure bottlenecks, particularly in the energy and freight transport sectors.

    “The loan support is anchored on three pillars of structural reforms: improving energy security, enhancing the efficiency and competitiveness of freight transport services and supporting South Africa’s transition toward a low carbon economy, which are the backbone of government’s priority of inclusive growth and job creation,” she said.

    Turning to the South African Renewable Energy Masterplan (SAREM), Cabinet has welcomed its launch.

    The masterplan was launched earlier this month and is aimed at driving localised manufacturing, skills development and job creation.

    “SAREM which was approved by Cabinet in March this year, aims to support the local demand for renewable energy and drive industrial development while ensuring a just energy transition,” Ntshavheni noted.

    Foot and mouth disease vaccines

    Cabinet has also welcomed the arrival of “much-needed vaccines, sourced from Botswana, to combat the foot and mouth disease (FMD) outbreak in certain parts of the country”.

    “The vaccines are being distributed and administered free of charge to the affected areas, especially in KwaZulu-Natal (KZN) and those farms in other provinces where the disease has been identified. 

    “A second batch of vaccines is on order with the Botswana Vaccine Institute,” Ntshavheni said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: Cabinet briefed on SANDF withdrawal from the DRC

    Source: South Africa News Agency

    Thursday, June 26, 2025

    Cabinet has been briefed on the phased arrival of the South African National Defence Force (SANDF) troops from the eastern Democratic Republic of Congo (DRC).

    This follows the Southern African Development Community (SADC) decision to terminate the Southern African Development Community Mission in the DRC (SAMIDRC) intervention.

    “About 1 718 SANDF troops have now arrived in the country, and more are expected to arrive over the next few weeks. Cabinet reaffirmed South Africa’s continued commitment to a peaceful, stable and prosperous Southern African region and commended the efforts by the SANDF troops to contribute towards restoring peace, security and stability in the DRC,” Minister in the Presidency Khumbudzo Ntshavheni said at a post-Cabinet media briefing on Thursday.

    The withdrawal of the soldiers was announced by the Minister of Defence and Military Veterans, Angie Motshekga, in May, following a “high level consultation with several role-players in the peacekeeping efforts within the eastern DRC”.

    READ | Over 200 SANDF troops return from DRC mission

    Earlier this year, 14 troop members lost their lives and others sustained injuries during clashes with the M23 rebel group, as fighting in the Goma region escalated. 

    The rebel group fought intensely against the Congolese armed forces, resulting in the deaths of soldiers from 23 to 27 January 2025 during M23’s advance on Sake and Goma. 

    The South African soldiers were part of the SAMIDRC, which aims to help restore peace, security, and stability in Africa’s second-largest country.  –SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI United Kingdom: SFO cracks down on corruption through international alliance

    Source: United Kingdom – Government Statements

    Press release

    SFO cracks down on corruption through international alliance

    UK Serious Fraud Office joins global anti-corruption alliance to combat cross-border corruption.

    • Serious Fraud Office joins International Anti-Corruption Coordination Centre to strengthen the fight against cross-border corruption

    • Move follows creation of pioneering tri-national taskforce with France and Switzerland

    • Enhanced intelligence gathering will target companies and individuals involved in overseas corruption involving politically exposed persons

    The Serious Fraud Office has today expanded its global reach by joining the International Anti-Corruption Coordination Centre (IACCC), strengthening the UK’s ability to tackle grand corruption and illicit finance across borders.

    This strategic alliance builds on the SFO’s recent establishment of a taskforce with French and Swiss authorities to tackle international bribery and corruption.

    Based within the National Crime Agency, the IACCC brings together specialist law enforcement officers from agencies around the world to tackle allegations of grand corruption that span multiple jurisdictions.

    Organisations with a proven intention to fight domestic and international corruption can be considered for membership, with the SFO gaining enhanced access to key partners in the fight against grand corruption involving politically exposed persons. 

    The partnership will boost the SFO’s capacity to gather intelligence and evidence on companies and individuals suspected of corruption overseas while maintaining full control over its investigations.

    Nick Ephgrave QPM, Director at the Serious Fraud Office (SFO), said:

    This is another step forward for the SFO and further demonstration of our determination to use every power and partnership we can to confront the threat of bribery and corruption.

    This membership will bring us closer to global law enforcement and strengthen our intelligence gathering capabilities on those companies and individuals engaged in international bribery and corruption.

    The SFO recently issued new guidance to companies on their responsibilities to report suspected criminality.

    Rob Jones, Director General of Operations at the NCA, said:

    We welcome the SFO’s membership of the International Anti-Corruption Coordination Centre. Their membership will assist the collective effort of supporting overseas partners with hugely important investigations into grand corruption.

    Since its launch in 2017 the IACCC has helped identify over £1.8 billion of suspected stolen assets, supported the freezing of nearly half of those assets in various global jurisdictions, and helped with the arrest and charging of a significant number of suspects involved in high profile investigations in over 40 separate countries.

    Press Office

    Email news@sfo.gov.uk

    Out of hours press office contact number +44 (0)7557 009842

    Updates to this page

    Published 26 June 2025

    MIL OSI United Kingdom

  • Axiom-4 docks with ISS; Shubhanshu Shukla becomes first ISRO astronaut aboard station

    Source: Government of India

    Source: Government of India (4)

    Group Captain Shubhanshu Shukla became the second Indian astronaut to reach space on Thursday, docking at the International Space Station aboard SpaceX’s Dragon spacecraft ‘Grace’ — 41 years after Rakesh Sharma’s historic flight.

    “Docking confirmed!” SpaceX said in a post on social media platform X.

    The private mission, organised by Axiom Space, reached the ISS at 6:30 am ET (4:00 pm IST), docking with the Harmony module after a 14-hour journey from NASA’s Kennedy Space Center in Florida. The crew lifted off at 2:31 am ET (12:01 noon IST) on Thursday.

    Shukla, a pilot in the Indian Air Force, is part of Axiom Mission 4 (Ax-4) along with three others — mission commander and former NASA astronaut Peggy Whitson, Polish ESA astronaut Sławosz Uznański-Wiśniewski, and Hungarian payload specialist Tibor Kapu.

    “Hello everyone, namaskar from space. I am thrilled to be here with my fellow astronauts… what a ride it was,” Shukla said in his first message from orbit, describing the sensation of being pushed into his seat during launch, followed by the stillness of weightlessness. “I’m learning like a baby — how to walk and eat in space.”

    Born in Lucknow, Shukla is the first Indian to reach the ISS, and the second Indian in space after Wing Commander Rakesh Sharma, who flew aboard the Soviet Soyuz T-11 in April 1984.

    During his two-week stay at the ISS, Shukla will conduct experiments in food systems and space nutrition. The research, developed in collaboration with ISRO, the Department of Biotechnology (DBT), and NASA, will examine how microgravity and radiation affect nutrient-rich edible microalgae — seen as a potential food source for future long-duration space missions.

    The study will analyse changes in gene expression, protein synthesis, and metabolic activity in algae grown in space, compared to Earth-based samples.

    Calling the mission “a step forward in India’s human spaceflight journey,” Shukla’s flight comes ahead of ISRO’s Gaganyaan mission, scheduled for 2025.

    IANS

  • President Droupadi Murmu to lead ‘MSME Day 2025’ celebrations in New Delhi

    Source: Government of India

    Source: Government of India (4)

    President of India, Droupadi Murmu, will preside over the ‘MSME Day 2025 – Udyami Bharat’ celebrations on June 27 at Vigyan Bhawan, New Delhi. The event will witness participation from micro, small, and medium enterprises (MSMEs) across the country.
     
    The day will serve as a platform to acknowledge the vital role of the MSME sector in driving economic growth and job creation while introducing forward-looking initiatives aimed at building a resilient and future-ready business ecosystem.
     
    To mark the silver jubilee of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), the President will release a commemorative postage stamp. Over the past 25 years, CGTMSE has extended more than 1.18 crore credit guarantees amounting to ₹9.80 lakh crore. In the financial year 2024–25 alone, a record ₹3 lakh crore worth of guarantees were approved, underlining its significance in supporting small businesses.
     
    President Murmu will also unveil the Ministry of MSME’s new Online Dispute Resolution (ODR) Portal. Designed to address the challenge of delayed payments, the portal will allow Micro and Small Enterprises to resolve disputes efficiently and cost-effectively from their preferred location. The initiative aims to free up blocked capital and boost business competitiveness by ensuring timely access to justice.
     
    Another key highlight of the event will be the launch of MSME Hackathon 5.0 and the announcement of results for Hackathon 4.0. The Hackathon is part of the MSME Champions Scheme’s Incubation component, which promotes innovation and the adoption of advanced technologies within the sector. Through registered Host Institutes, the scheme supports innovators with grants of up to ₹15 lakh per selected idea, helping nurture start-ups aligned with the vision of Atmanirbhar Bharat.
     
    In addition, the President will release MSME Patrika, an in-house journal offering updates and insights on MSME-related issues and opportunities, intended to foster experience sharing within the sector. A booklet titled Know Your Lender will also be launched to help MSMEs make informed credit decisions and better understand their financial rights.
  • Government authorises voluntary Aadhaar authentication for IBPS exams to enhance transparency

    Source: Government of India

    Source: Government of India (4)

    In a move aimed at promoting good governance and ensuring fair recruitment practices, the Department of Financial Services under the Ministry of Finance has notified the voluntary use of Aadhaar authentication by the Institute of Banking Personnel Selection (IBPS) for candidate verification during examinations and recruitment processes.

    As per the notification published in the Gazette of India, IBPS—designated as a ‘Public Examination Authority’ under the Public Examination (Prevention of Unfair Means) Act, 2024—has been authorised to use Aadhaar-based authentication (Yes/No and e-KYC) on a voluntary basis. The approval has been granted under Rule 5 of the Aadhaar Authentication for Good Governance Rules, 2020, in accordance with the Aadhaar Act, 2016.

    This initiative, approved by the Ministry of Electronics and Information Technology (MeitY) after consultation with the Unique Identification Authority of India (UIDAI), is expected to enhance the integrity of examinations by preventing impersonation and other malpractices.

    Officials stated that the measure would streamline identity verification, reduce administrative burden, and ensure a transparent and efficient recruitment process, particularly in the Banking, Financial Services, and Insurance (BFSI) sector. It also aims to protect genuine candidates from fraudulent activities and boost public trust in the examination system.