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Category: KB

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

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

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

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

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

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

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

    Subscribe to the OTC Markets RSS Feed

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

    The MIL Network –

  • MIL-OSI: Churchill Reports High-Grade Silver Results up to 395 g/t Silver at the Black Raven Property, Central Newfoundland

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce that due-diligence sampling on its Black Raven property returned silver assays of up to 395 g/t silver from grab samples, confirming that high-grade Ag, Sb, and Au are present at several prospects. Five grab samples returned silver assays over 150 g/t (4.69 opt), along with high-grade gold, lead and zinc, emphasizing the polymetallic metal assemblage of critical minerals present in the Black Raven vein system, per the summary table and figure below.

    Sample #   300   304   305   315   321
    Silver grade (g/t)   153   329   321   251   395
    Gold grade (g/t)   3.07   7.70   7.79   5.09   2.16
    Lead grade (%)   3.10   6.47   5.80   8.83   7.34
    Zinc grade (%)   2.85   4.97   >5.0   >5.0   >5.0
    Copper grade (%)   nil   0.37   0.50   0.39   0.40
                         

    These samples exceeded the laboratory’s original upper detection limit for silver (100 g/t – see release of May 28th 2025), and the results reported herein are from the overage assay protocols. The Black Raven vein systems have never been drilled.

    “These silver results confirm our belief that the Black Raven system can carry high grade metals in multiple locations,” commented Paul Sobie, CEO of Churchill, “Churchill’s geological team are on site carrying out a summer surface exploration program, with trenching and drilling commencing as soon as permits are received. Work is presently focused on property mapping and extending the sampled strike extent of the high-grade Frost Cove (antimony), Stewart (gold), and Taylor’s Room (silver-gold) prospects as well as defining several other prospects including Moreton’s Harbour 1 (gold-silver) and Moreton’s Harbour Head (antimony-gold-silver). This work is going well and continues to encounter well-mineralized samples in all locales, confirming and expanding upon historical work.”

    The Black Raven Property hosts two past-producing mines dating back to the late 1800’s, the Frost Cove Antimony Mine, and the Stewart Gold Mine which returned antimony grades of 35.1% and gold grades of 14.4 g/t, respectively (see release of 12th June 2025). The silver results reported herein are from different locations on the property (see attached map). Black Raven is located approximately 60km northwest of Gander, and approximately 100km north of the Beaver Brook Antimony Mine, currently on care and maintenance.

    Antimony: A Critical Mineral in High Demand

    Antimony is a critical mineral essential for national security and modern technology, with over 90% of global production controlled by China, Russia, and other non-Western jurisdictions. The metal is a vital component in military applications, while also being crucial for certain flame retardants, strengthening alloys in batteries, and emerging energy storage technologies. Recent Chinese export restrictions have driven prices to record levels exceeding $50,000 per tonne, highlighting antimony’s strategic importance to a “Fortress North America” approach to critical mineral supply chains and making domestic North American sources increasingly important for economic and national security.

    Due-Diligence Sampling Program

    Antimony, gold, silver, lead, zinc, copper and molybdenum samples were selected by Dr. Derek Wilton, independent QP to Churchill, during field visits on April 24th and 25th. All samples were labelled and securely bound and delivered to the prep laboratory of SGS Canada Inc. in Grand Falls-Windsor, for crushing and pulverizing. Splits were couriered to Burnaby, B.C. by SGS for GE_AAS33E50 silver assays and overlimit samples by the GO_FAG37V analytical method. All due-diligence samples described in this news release were grab samples and are selective by nature and are unlikely to represent average grades of the property.

    The technical and scientific information in this news release has been reviewed and approved by Dr. Derek H.C Wilton, P.Geo., FGC, who is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Dr. Wilton is an honorary research professor of Economic Geology at Memorial University in St. John’s and is independent of the Company for the purposes of NI 43-101.

    Black Raven Antimony-Gold Property

    The Black Raven Property comprises nine map-staked licenses constituting a single contiguous block of 125 claims that in total cover 3,125ha or 31.25km2. Churchill and the vendors have agreed to a 4km wide area of interest around the property boundaries as part of their agreement.

    The past sampling data reported in this News Release is historic in nature and does not meet NI43-101 standards. Churchill has relied on the information supplied in the Government of Newfoundland field assessment reports and from information found in the Mineral Occurrence Database System operated by the Newfoundland Department of Industry, Energy and, Technology. Natural Resources.

    The technical and scientific information in this news release has been reviewed and approved by Dr. Derek H.C Wilton, P.Geo., FGC, who is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Dr. Wilton is an honorary research professor of Economic Geology at Memorial University in St. John’s and is independent of the Company for the purposes of NI 43-101.

    References:

    Heyl, George R., 1936. Geology and Mineral Deposits of the Bay of Exploits Area. Newfoundland Department of Natural Resources, Geological Section, Bulletin No 3. 65 pages.

    Fogwill, W.D., 1968. Report on a copper prospect at Western Head, Moreton’s Harbour in the Notre Dame Bay Area, Newfoundland. Newfoundland and Labrador Geological Survey, Assessment File 2E/10/0350, 1968, 48 pages

    Kay, E.A. 1981. A geochemical and fluid inclusion study of the arsenopyrite-stibnite-gold mineralization, Moreton’s Harbour, Notre Dame Bay, Newfoundland. Master Thesis, Memorial University of Newfoundland, St. John’s, Canada, 1981. Newfoundland and Labrador Geological Survey, Assessment File 002E/10/1075, 1981, 209 pages.

    Quinlan E, 2013. First Year Assessment Report for 019872M, Ninth Year Assessment Report for 015553M, and Third Year Assessment Report for 017787M for Exploration within the Black Raven Property, NTS Map Sheet 2E/10. Newfoundland and Labrador Geological Survey Assessment Report, 69 pages

    Quinlan, E. 2025. 21st, 8th & 4th Year Assessment Report of Diamond Drilling & Prospecting On Black Raven Property, License 023212M (21st Year), License 02840m (8th Year), License 35674m (4th Year) NTS 02E/10, North-Central Newfoundland. Property centered at approximately 49°57’N, 54°87’ W. 34 pages.

    About Churchill Resources

    Churchill Resources Inc. is a Canadian exploration company focused on strategic, critical minerals in Canada, principally at its prospective Black Raven, Taylor Brook and Florence Lake properties in Newfoundland & Labrador. The Churchill management team, board, and advisors have decades of combined experience in mineral exploration and in the establishment of successful publicly listed mining companies, both in Canada and around the world. Churchill’s Newfoundland and Labrador projects have the potential to benefit from the province’s large and diversified minerals industry, which includes world class nickel mines and processing facilities, and a well-developed mineral exploration sector with locally based drilling and geological expertise.

    Churchill’s Taylor Brook Nickel-Copper-Cobalt-Vanadium-Titanium Property, and Florence Lake Nickel Property, are both in good standing for a number of years, such that further exploration and development can await improved market conditions sentiment while the Company focuses on high-grade antimony-gold and other critical minerals.

    Further Information

    For further information regarding Churchill, please contact:

    Churchill Resources Inc.
    Paul Sobie, Chief Executive Officer
    psobie@churchillresources.com
    Tel. 416.365.0930 (o)
          647.988.0930 (m)

    Alec Rowlands, Business Development & IR
    Alec.rowlands1@gmail.com
    Tel. 416.721.4732 (m)

    FORWARD-LOOKING STATEMENTS

    This news release contains certain forward-looking statements, including, but not limited to, statements about Churchill’s objectives, goals and exploration activities proposed to be conducted on its properties; future growth potential of Churchill, including whether any proposed exploration programs at any of its properties will be successful; exploration results; and future exploration plans and costs. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. In particular, this release contains forward-looking information relating to, among other things, the Company’s goals and objectives, and future exploration work to be conducted on the Company’s Black Raven Antimony Property. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

    Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Such factors, among other things, include: exploration results on the Black Raven Antimony Property; the expected benefits to Churchill relating to the exploration proposed to be conducted on its properties; receipt of all regulatory approvals in connection with the transaction contemplated herein; failure to identify any additional mineral resources or significant mineralization; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Churchill’s properties, if required; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; and title to properties. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Churchill cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Churchill assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1f527078-103d-4201-8e35-585d165deaef

    The MIL Network –

  • MIL-OSI: ATR Launches Free Logistics Program to Introduce Businesses to Cost-Effective, Secure ITAD Solutions in the Gulf Coast Region and Beyond

    Source: GlobeNewswire (MIL-OSI)

    PENSACOLA, Fla., June 23, 2025 (GLOBE NEWSWIRE) — Advanced Technology Recycling (ATR), a national leader in IT asset disposition (ITAD) and R2v3/RIOS certified electronics recycling, is excited to launch a limited-time complimentary logistics program for qualifying new businesses in the Gulf Coast Region and select surrounding markets. This special offer is part of a strategic initiative to help organizations seamlessly onboard with ATR by reducing upfront transportation costs and providing access to secure, certified services through ATR’s new corporate headquarters and state-of-the-art refurbishment center in Pensacola, Florida.

    This localized campaign demonstrates ATR’s commitment to making secure, sustainable, and cost-effective IT asset management more accessible to new clients in the region. The new program enables organizations throughout the Gulf Coast and surrounding areas to benefit from free pickup and secure transport — a vital bridge to ATR’s expansive national processing network and certified services.

    Local Logistics, Nationwide Strength

    ATR’s company-owned fleet of over 60 assets — from agile cargo vans to fully equipped long-haul semis — is built to handle asset recovery projects of every size, now including mobile on-site shredding services. For a limited time, qualifying businesses can take advantage of free inbound logistics to ATR’s Pensacola headquarters, creating a low-risk, high-value pathway into ATR’s comprehensive suite of ITAD and electronics recycling solutions. This strategic hub offers businesses throughout the Gulf Coast region direct access to certified, secure, and cost-optimized technology lifecycle services.

    “Our free logistics program helps new customers get connected to our secure processing capabilities without upfront transportation costs,” said Brodie Ehresman, Director of Marketing and Strategic Business Development. “This initiative brings the industry’s most secure chain of custody right to your loading dock — making it easier than ever to choose sustainability, while not compromising security.”

    Improving ROI with Fee Management and Profit-Sharing Methodologies

    Beyond our free logistics initiative, ATR offers a variety of fee management solutions that help clients reduce processing costs and maximize their return on retired technology.

    These include, but are not limited to:

    • Transparent profit-sharing programs that maximize returns on resale assets
    • eCommodity programs that reduce cost and pay for pre-sorted non-inventoried scrap materials that meet the minimum requirements.
    • Individual account management and customizable SOW planning
    • Free Access to online client web portal that offers scheduling, reports, and more
    • Cost effective white glove extraction services tailored to fit your needs

    These cost-saving options demonstrate ATR’s commitment to delivering sustainable and secure IT Asset Management (ITAM) services to clients.

    Real-Time Fleet Monitoring for Transparent Chain of Custody

    ATR’s logistics platform utilizes Geotab technology across its entire fleet, enabling unparalleled visibility and proactive communication. Key features include:

    • Live GPS tracking of all shipments
    • Onboard diagnostics, route re-routing, and speed compliance
    • Live video feeds from cargo compartments and driver cabins
    • Geofencing for automated check-in/check-out notifications
    • Full compliance with Electronic Logging Device (ELD) mandates

    Why Choose ATR?

    ATR is a multi-certified, ITAR-registered provider serving a wide range of vertical markets, including but not limited to Aerospace, Defense, and all Federal and State Agencies:

    • 30+ years of experience in IT asset management and electronics recycling
    • R2v3, RIOS, certifications, and GSA Schedule pricing discounts for Government
    • Nationwide processing hubs strategically located throughout the U.S.
    • Pollution Liability and Data Breach Insurance, with COI available upon request
    • Zero data breaches or environmental violations

    ATR’s corporate headquarters in Pensacola is now a cornerstone for delivering regionally optimized services with national reach.

    Not in the Gulf Region? No Worries, ATR has nationwide coverage.  

    While the free logistics program is currently focused on serving businesses throughout the Gulf Coast Region, ATR’s capabilities extend far beyond. If your organization is located outside the region and you have significant volumes of electronics to process or remarket, ATR can still help. Our nationwide fleet of vehicles, strategically stationed across the U.S., offers flexible logistics options. Whether you’re looking to reduce processing costs, liquidate surplus IT assets, or implement a secure chain of custody for enterprise-level refresh cycles, ATR has the resources and expertise to support you, wherever you are.

    Join the Movement Toward Smarter ITAD

    This program offers an opportunity to reduce your total cost of ownership, enhance your sustainability scorecard, and gain access to industry-leading secure processing without the barrier of transportation costs.

    Interested businesses can learn more or request service by visiting www.ATRecycle.com or contacting ATR directly.

    About Advanced Technology Recycling (ATR):
    ATR is a trusted provider of IT asset disposition, electronics recycling, and data destruction services. With over three decades of experience, ATR delivers secure, compliant, and sustainable solutions to clients across all industries. ATR is ITAR registered and maintains R2v3 and RIOS certifications at all our processing centers located in Nevada, Utah, Illinois, Pennsylvania, Alabama, and Texas.

    www.ATRecycle.com

    The MIL Network –

  • MIL-OSI Global: African finance ministers shouldn’t be making bond deals: how to hand over the job to experts

    Source: The Conversation – Africa – By Misheck Mutize, Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town

    Eurobonds, debts owed in a foreign currency, have become a quick and attractive way for African countries to borrow money. They are behind a sharp rise in commercial borrowing as a percentage of total external debt: it has nearly doubled from 27% in 2011 to 52% in 2020. This has increased the debt vulnerability of most African countries.

    Recent developments, however, show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relative to their sovereign risks.

    Based on my bond price modelling expertise, it is my view that there are two major drivers of the mispricing of African government bonds. They are interlinked.

    Firstly, a lack of expertise in debt management offices, whose job it is to negotiate the terms of any debt deals and to oversee their execution. This is a topic I explored in a recent article.



    Read more:
    African countries are bad at issuing bonds, so debt costs more than it should: what needs to change

    The second factor, which I address here, is that in many African countries, finance ministers have assumed primary responsibility for Eurobond issuance. They engage directly with investment bankers, legal advisors and credit rating agencies.

    In my view they shouldn’t.

    Finance ministers should stay away from debt negotiations because they are political appointees. They operate under incentives tied to electoral cycles, not fiscal sustainability. Their short tenures and desire to fund visible projects often conflict with the long-term nature of sovereign debt obligations.

    They don’t have the necessary expertise to handle the technical complexity required to get the best possible deal, either.

    Simply calling for ministers to step aside would ignore the institutional realities in most African countries. In particular, debt management offices have severe capacity constraints.

    Nevertheless, as global financial conditions tighten and African countries seek to refinance maturing Eurobonds or issue new instruments, the risks of politicised borrowing must be minimised. Ministers should spend their energies on ensuring their debt management offices are well staffed with top quality teams. They should then leave it up to these technical staff to prepare and arrange the financing.

    This would leave room for ministers to manage any disagreements between technical staff and the banks when necessary. And to close the final deal.

    Ministers versus the experts

    Eurobond issuance involves advanced financial engineering – pricing models, investor engagement, covenant structuring and legal compliance across jurisdictions. It takes a deep understanding of capital markets.

    When debt management offices are operating at their best, they are filled with people who have this knowledge. They have a combination of financial market and public policy skills, including debt portfolio management, risk analysis and debt transaction processing.

    In discussions with debt managers at the African Sovereign Debt Conference it’s become clear to me that debt managers are sidelined in the international bond issuance negotiations. They are also sidelined in the execution process, except for administrative support.

    What happens instead is that finance ministers are usually key contacts of the investment bankers. By approaching a minister directly, investment bankers get to close their mandates faster.

    But this minimises due diligence and bypasses internal safeguards. Ministers may not pay attention to complex legal clauses under foreign jurisdictions, details of investor negotiations and fee structures. They may accept unfavourable terms, ignore sustainability assessments and obscure fiscal vulnerabilities in pursuit of political wins and quick disbursements.

    For example, in 2018, Ghana’s then finance minister was internationally lauded for financial stewardship. Ghana was the first African issuer of a longest tenure and a zero-coupon bond. A year later, the country defaulted, suggesting the bond terms weren’t great for the country. The minister nevertheless received several awards as the best and most prudent in Africa.

    There is also the issue of conflicts of interest. When the same actor – in this case the finance minister – proposes, negotiates and approves a debt instrument, the system lacks accountability.

    In many African countries, parliaments, audit institutions and civil society have limited understanding about the technical details of bond agreements. Ministers can easily sideline procurement rules and transparency mechanisms, resulting in non-competitive contracts and opaque fees paid to underwriters and advisors.

    Investment bankers prefer this arrangement as it works in their favour.

    Reforms that are needed

    Before finance ministers can hand over control, debt management offices must be equipped. This requires targeted reforms, including:

    • Capacity building through strategic partnerships: African debt management offices should work with international issuing syndicates and development partners to gain first-hand exposure to structuring, pricing and marketing global bonds.

    • Human capital reforms: Governments must attract and retain highly skilled debt managers by offering competitive pay, professional development opportunities and protection from political interference.

    • Debt management offices must be staffed by dedicated quantitative analysts. They must also be equipped to use real-time market intelligence systems and formal investor relations programmes.

    • Gradual delegation: Authority can be shifted, starting with less complex debt instruments.

    The role of the finance minister must evolve. Ministers should provide strategic leadership: approving borrowing strategies, ensuring alignment with macroeconomic goals, and engaging parliament and the public.

    Their function should shift from operational to institutional oversight and accountability.

    Structural reforms must embed the capacity, autonomy and transparency required for debt management offices to lead effectively.

    In South Africa, for example, the assets and liabilities management division of the National Treasury department manages government’s annual funding programme.

    Professionalising the debt issuance process is not just about avoiding technical mistakes. It’s also about creating resilient institutions that can withstand political turnover. That fosters credibility and long-term access to capital.

    Ministers should remain accountable to the public, and debt management offices must do their work based on technical merit.

    Misheck Mutize is affiliated with the African Union – African Peer Review Mechanism as a Lead Expert on credit ratings

    – ref. African finance ministers shouldn’t be making bond deals: how to hand over the job to experts – https://theconversation.com/african-finance-ministers-shouldnt-be-making-bond-deals-how-to-hand-over-the-job-to-experts-259017

    MIL OSI – Global Reports –

  • MIL-OSI Global: African finance ministers shouldn’t be making bond deals: how to hand over the job to experts

    Source: The Conversation – Africa – By Misheck Mutize, Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town

    Eurobonds, debts owed in a foreign currency, have become a quick and attractive way for African countries to borrow money. They are behind a sharp rise in commercial borrowing as a percentage of total external debt: it has nearly doubled from 27% in 2011 to 52% in 2020. This has increased the debt vulnerability of most African countries.

    Recent developments, however, show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relative to their sovereign risks.

    Based on my bond price modelling expertise, it is my view that there are two major drivers of the mispricing of African government bonds. They are interlinked.

    Firstly, a lack of expertise in debt management offices, whose job it is to negotiate the terms of any debt deals and to oversee their execution. This is a topic I explored in a recent article.



    Read more:
    African countries are bad at issuing bonds, so debt costs more than it should: what needs to change

    The second factor, which I address here, is that in many African countries, finance ministers have assumed primary responsibility for Eurobond issuance. They engage directly with investment bankers, legal advisors and credit rating agencies.

    In my view they shouldn’t.

    Finance ministers should stay away from debt negotiations because they are political appointees. They operate under incentives tied to electoral cycles, not fiscal sustainability. Their short tenures and desire to fund visible projects often conflict with the long-term nature of sovereign debt obligations.

    They don’t have the necessary expertise to handle the technical complexity required to get the best possible deal, either.

    Simply calling for ministers to step aside would ignore the institutional realities in most African countries. In particular, debt management offices have severe capacity constraints.

    Nevertheless, as global financial conditions tighten and African countries seek to refinance maturing Eurobonds or issue new instruments, the risks of politicised borrowing must be minimised. Ministers should spend their energies on ensuring their debt management offices are well staffed with top quality teams. They should then leave it up to these technical staff to prepare and arrange the financing.

    This would leave room for ministers to manage any disagreements between technical staff and the banks when necessary. And to close the final deal.

    Ministers versus the experts

    Eurobond issuance involves advanced financial engineering – pricing models, investor engagement, covenant structuring and legal compliance across jurisdictions. It takes a deep understanding of capital markets.

    When debt management offices are operating at their best, they are filled with people who have this knowledge. They have a combination of financial market and public policy skills, including debt portfolio management, risk analysis and debt transaction processing.

    In discussions with debt managers at the African Sovereign Debt Conference it’s become clear to me that debt managers are sidelined in the international bond issuance negotiations. They are also sidelined in the execution process, except for administrative support.

    What happens instead is that finance ministers are usually key contacts of the investment bankers. By approaching a minister directly, investment bankers get to close their mandates faster.

    But this minimises due diligence and bypasses internal safeguards. Ministers may not pay attention to complex legal clauses under foreign jurisdictions, details of investor negotiations and fee structures. They may accept unfavourable terms, ignore sustainability assessments and obscure fiscal vulnerabilities in pursuit of political wins and quick disbursements.

    For example, in 2018, Ghana’s then finance minister was internationally lauded for financial stewardship. Ghana was the first African issuer of a longest tenure and a zero-coupon bond. A year later, the country defaulted, suggesting the bond terms weren’t great for the country. The minister nevertheless received several awards as the best and most prudent in Africa.

    There is also the issue of conflicts of interest. When the same actor – in this case the finance minister – proposes, negotiates and approves a debt instrument, the system lacks accountability.

    In many African countries, parliaments, audit institutions and civil society have limited understanding about the technical details of bond agreements. Ministers can easily sideline procurement rules and transparency mechanisms, resulting in non-competitive contracts and opaque fees paid to underwriters and advisors.

    Investment bankers prefer this arrangement as it works in their favour.

    Reforms that are needed

    Before finance ministers can hand over control, debt management offices must be equipped. This requires targeted reforms, including:

    • Capacity building through strategic partnerships: African debt management offices should work with international issuing syndicates and development partners to gain first-hand exposure to structuring, pricing and marketing global bonds.

    • Human capital reforms: Governments must attract and retain highly skilled debt managers by offering competitive pay, professional development opportunities and protection from political interference.

    • Debt management offices must be staffed by dedicated quantitative analysts. They must also be equipped to use real-time market intelligence systems and formal investor relations programmes.

    • Gradual delegation: Authority can be shifted, starting with less complex debt instruments.

    The role of the finance minister must evolve. Ministers should provide strategic leadership: approving borrowing strategies, ensuring alignment with macroeconomic goals, and engaging parliament and the public.

    Their function should shift from operational to institutional oversight and accountability.

    Structural reforms must embed the capacity, autonomy and transparency required for debt management offices to lead effectively.

    In South Africa, for example, the assets and liabilities management division of the National Treasury department manages government’s annual funding programme.

    Professionalising the debt issuance process is not just about avoiding technical mistakes. It’s also about creating resilient institutions that can withstand political turnover. That fosters credibility and long-term access to capital.

    Ministers should remain accountable to the public, and debt management offices must do their work based on technical merit.

    Misheck Mutize is affiliated with the African Union – African Peer Review Mechanism as a Lead Expert on credit ratings

    – ref. African finance ministers shouldn’t be making bond deals: how to hand over the job to experts – https://theconversation.com/african-finance-ministers-shouldnt-be-making-bond-deals-how-to-hand-over-the-job-to-experts-259017

    MIL OSI – Global Reports –

  • MIL-OSI China: Left lanes of Pingwang Bridge officially opens to traffic in China’s Jiangsu

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

    Left lanes of Pingwang Bridge officially opens to traffic in China’s Jiangsu

    Updated: June 23, 2025 18:41 Xinhua
    An aerial drone photo taken on June 23, 2025 shows a view of the Pingwang Bridge in Wujiang District of Suzhou City, east China’s Jiangsu Province. The left lanes of the newly-built Pingwang Bridge, a project of the east part of the Chang-Hu-Shen (Changxin-Huzhou-Shanghai) navigation channel (Jiangsu section) improvement project, was officially opened to traffic on Monday. [Photo/Xinhua]
    An aerial drone photo taken on June 23, 2025 shows a view of the Pingwang Bridge in Wujiang District of Suzhou City, east China’s Jiangsu Province. [Photo/Xinhua]
    An aerial drone photo taken on June 23, 2025 shows a view of the Pingwang Bridge in Wujiang District of Suzhou City, east China’s Jiangsu Province. [Photo/Xinhua]
    An aerial drone photo taken on June 23, 2025 shows a view of the Pingwang Bridge in Wujiang District of Suzhou City, east China’s Jiangsu Province. [Photo/Xinhua]
    An aerial drone photo taken on June 23, 2025 shows a view of the Pingwang Bridge in Wujiang District of Suzhou City, east China’s Jiangsu Province. [Photo/Xinhua]

    MIL OSI China News –

  • Succession plans for Iran’s Khamenei hit top gear

    Source: Government of India

    Source: Government of India (4)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    TRUMP: KHAMENEI IS EASY TARGET

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

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

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

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

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

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

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

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

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

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

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

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

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

    OTHER CANDIDATES FALL AWAY

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

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

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

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

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

    The supreme leader’s voice is powerful.

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

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

    (Reuters)

  • Sensex ends lower in volatile session

    Source: Government of India

    Source: Government of India (4)

    The stock markets started the week on a weak note as tensions escalated in the Middle East, after the United States bombed three nuclear facilities in Iran, showing clear support for Israel in the ongoing conflict.

    The development made investors cautious, leading to a fall in benchmark indices on Monday. The Sensex dropped 511.38 points, or 0.62 per cent, to close at 81,896.79. During the intra-day, it moved between a high of 82,169.67 and a low of 81,476.76.

    Similarly, the Nifty also ended in the red. It fell 140.50 points, or 0.56 per cent, to settle at 24,971.90. The index had touched an intra-high of 25,057 and a low of 24,824.85 during the session.

    Interestingly, broader markets performed better than the frontline indices. The Nifty Midcap100 closed with a gain of 0.36 per cent, while the Smallcap100 rose 0.70 per cent.

    Out of the 30 stocks in the Sensex, HCL Tech, Infosys, Larsen and Toubro, Mahindra and Mahindra, Hindustan Unilever, and ITC were the biggest losers, falling between 2.28 per cent and 1.21 per cent.

    On the other hand, Trent, Bharat Electronics, Bajaj Finance, Kotak Mahindra Bank, and Bajaj Finserv were the top gainers, rising between 3.39 per cent and 0.58 per cent.

    The performance of sectoral indices was mixed as Bank Nifty, Auto, FMCG, and Realty ended in the red while metal, consumer durables, pharma, and media sectors managed to close with gains.

    However, the biggest loser was the Nifty IT index, which declined by 1.48 per cent as stocks like Coforge and Persistent Systems pulled the sector down.

    “Last Friday, markets buildup in anticipation of easing Middle East tensions, following the US announcement of a two-week window to deliberate its involvement in the Israel-Iran conflict,” Vinod Nair of Geojit Investments Limited said.

    “However, the unexpected US airstrike on Iran’s nuclear facilities over the weekend disrupted those expectations, triggering a sharp rise in crude oil prices and leading to consolidation in the domestic equity market,” he added.

    The market’s fear gauge, India VIX, which indicates volatility, rose by 2.74 per cent to 14.05 points.

    The Nifty recovered significantly after a gap-down opening amid weak geopolitical sentiment. A pullback in crude oil prices helped the Indian market pare some of its morning losses, although it still ended on a negative note.

    Meanwhile, the rupee traded weak by 0.11 at 86.75 as the dollar index appreciated toward the 99 mark. “Technically, the rupee remains weak below 86, with the next support seen near 87,” said Jateen Trivedi of LKP Securities.

    (IANS)

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

    Source: United Kingdom – Government Statements

    Speech

    Health and Social Care Secretary speech at RCOG World Congress

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    [political content removed]

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

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

    [political content removed].

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

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

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

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

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

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

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

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

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

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

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

    Thank you very much.

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom –

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

    Translation. Region: Russian Federal

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

    © Mikhail Varushchev / Roscongress Foundation

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    MIL OSI Russia News –

  • MIL-OSI Canada: Escape from Stony Mountain Institution, minimum-security unit

    Source: Government of Canada News (2)

    June 23, 2025 – Stony Mountain, Manitoba – Correctional Service Canada

    On June 23, 2025, staff members at Stony Mountain Institution, a multi-level security federal institution, discovered that Jason David Vanwyck was not accounted for.

    The Correctional Service of Canada (CSC) immediately contacted the Stonewall Detachment of the Royal Canadian Mounted Police and a warrant for the offender’s arrest has been issued.

    Jason Vanwyck is 41 years old, measures 183 cm (6′0″) in height and weighs 109 kg (241 lb). The offender has a fair complexion, green eyes and brown hair.

    He is currently serving a 2-year, 25-day sentence for break, enter and commit (3 counts), break and enter with intent, theft under $5000 (3 counts), assault with a weapon (2 counts), utter threat to cause death/harm and mischief in relation to other property.

    Anyone who has information on the whereabouts of Jason Vanwyck is asked to contact the police.

    CSC will investigate the circumstances of this incident and is working with the police to locate the offender as quickly as possible.

    CSC has given the police all of the information available to help arrest the offender. 

    MIL OSI Canada News –

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

    Source: Hong Kong Government special administrative region

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

    MIL OSI Asia Pacific News –

  • MIL-OSI: Vanilla Finance Rebrands to Superp, A Meme-Fueled Perp DEX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) —  Vanilla Finance is entering a new chapter with a new name: Superp. The rebrand comes with a tighter focus. Instead of covering broad derivatives, the project is zeroing in on a high-energy niche that’s picking up steam: perpetuals for meme coins and other on-chain assets that live at the fringes of the mainstream.

    The revamped protocol keeps its edge: high-leverage positions on meme coins, up to 10,000x exposure, and a design that eliminates the risk of liquidation. It’s built for traders who aren’t afraid to bet big on cultural trends and fast-moving markets.

    Why the Name Change?

    The shift from “Vanilla Finance” to “Superp” reflects more than just a name change. The original brand aimed to signal simplicity and accessibility. But the direction has changed. This isn’t about being plain or safe anymore, it’s about building tools for a new kind of trader who thrives in the chaos of crypto culture.

    The new name is punchy, distinct, and fits the tone of the ecosystem it wants to serve. More than that, it gives the project space to grow across different chains, communities, and trading styles, without being tied to a brand that no longer fits its mission.

    A Trio of Products Powering a Unique Trading Stack

    Superp now offers a trio of specialized products, each tailored for a different type of on-chain trader:

    • Meme Perp – Built for newly launched tokens, this lets users long or short meme coins as soon as they hit the market. It uses a Total Return Swap (TRS) model to simulate early exposure without the usual constraints.
    • Alpha Perp – Targets tokens featured in Binance’s Alpha program. Traders can ride the momentum of trending narratives with leveraged exposure.
    • NoLiquid Perp – Designed for blue-chip meme coins, this one replaces the typical liquidation model with a Profit Swap Contract. It gives traders up to 10,000x leverage without the fear of getting wiped out from liquidation.

    Together, these offerings form a trading system tailored to on-chain culture—where memes drive markets and users want access to assets that don’t yet appear on the big-name exchanges.

    Carving Out a Niche in a $365B Market

    The crypto derivatives market is holding steady at around $365 billion in monthly trading volume. Most of that still comes from major tokens, but interest in more exotic assets is growing. Meme coins, in particular, are seeing more structured financial products emerge.

    Superp aims to capture this momentum with a lineup that supports risk-tolerant strategies and overlooked tokens. On-chain data shows BNB Chain recently broke past $9 billion in weekly DEX volume, almost double its 2023 peak. That kind of growth signals renewed interest across DeFi.

    Already deployed on the BNB Chain, Superp is eyeing broader expansion. The Asia-Pacific region is a natural focus given Binance’s reach there. By listing lower-cap and emerging assets, Superp is making room for a new generation of traders underserved by traditional perps platforms.

    What’s Next?

    Perp trading is evolving, and Superp plans to stay ahead of the curve. With the rebrand in place and BNB Chain as a launchpad, the team is now prepping a multichain rollout, with Solana as the next stop. It’s a sign of how perp protocols are shifting to match the demands of a multichain DeFi landscape.

    About Superp

    Superp is the next-generation perpetual DEX tailored for on-chain traders. Formerly known as Vanilla Finance, the platform offers up to 10,000x leverage, zero liquidation risk, and immediate access to any meme token. Built for the bold, Superp is reimagining what is possible in perpetual trading and DeFi.

    Website:https://www.superp.xyz/
    Twitter: @Superp_xyz
    Media Contact: Cameron Michael
    Email: media@superp.xyz

    Disclaimer: This press release is provided by Superp. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/482b7949-0d05-42a2-924f-8129aaaf9373

    The MIL Network –

  • MIL-OSI: BYDFi MoonX Launches Global KOL Recruitment to Accelerate the On-Chain Trading Ecosystems

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 23, 2025 (GLOBE NEWSWIRE) — MoonX, the on-chain MemeCoin trading tool developed by leading crypto exchange BYDFi, today officially launched its Global KOL Recruitment Program. This initiative invites content creators, community leaders, and MemeCoin-savvy influencers to join MoonX as partners in shaping the next phase of Web3 trading.

    Ambassador Program: Growth & Rewards

    MoonX’s Global KOL Recruitment Program offers meme-savvy influencers the opportunity to collaborate with one of Web3’s fastest-growing trading tools. Participants gain access to exclusive creator incentives, including monthly content rewards, support for hosting online events with token prizes, and opportunities to represent MoonX at global industry conferences. Top performers may be invited to join long-term ambassador roles with revenue-sharing or token-based incentives. MoonX also regularly recognizes outstanding creators with additional rewards based on creativity and community impact.

    This program is designed for creators who want to expand their presence in Web3, build professional ties with an emerging DEX-native product, and help shape the next phase of decentralized MemeCoin trading.

    For more details about the program: https://www.bydfi.com/en/activities/detail?id=1142427593824681985

    How Creators Support MoonX’s Mission

    MoonX isn’t just looking for promoters—it’s inviting partners. The campaign welcomes creators who are excited to educate, engage, and empower the MemeCoin trading community. Whether it’s publishing explainers, hosting AMAs, sharing analysis, or spotlighting hidden gems, selected KOLs are expected to help new users discover and navigate MoonX’s advanced trading tools. The goal is to drive community-led growth that brings visibility and credibility to the dynamic landscape of MemeCoin trading.

    MoonX Feature Updates

    To better serve its active trading community, MoonX has recently introduced two advanced features:

    • Bubble Map: A dynamic visual interface that maps trending MemeCoins using real-time data on volume and price action. Tokens appear as bubbles sized and colored by momentum indicators, helping traders quickly identify capital flows and spot breakout assets.
    • Telegram Signal Bot: A multilingual alert system that pushes timely updates on-chain signals, major wallet movements, and new token activity. Users can choose between high-frequency and low-frequency modes to match their trading pace and information needs.

    These new tools provide traders with a quicker and more precise read on the MemeCoin market, enabling them to act with confidence as opportunities emerge. MoonX will continue to add features to help users stay ahead in the fast-paced on-chain arena.

    How MoonX Powers BYDFi’s On-Chain Vision

    MoonX is a critical part of BYDFi’s CEX + DEX dual-engine model. While BYDFi delivers speed and stability through centralized infrastructure, MoonX enhances user access to decentralized trading by offering improved visibility, live trading intelligence, and early discovery of market trends. By analyzing on-chain activity and surfacing token movements directly from DEX liquidity pools, MoonX equips traders with the tools to move faster and respond with clarity and precision.

    As crypto trading matures, the fusion of CEX performance and DEX transparency is no longer optional—it’s essential. We believe the real innovation lies in combining the speed and liquidity of centralized platforms with the transparency and security of on-chain systems, said Michael, Co-founder & CEO of BYDFi. MoonX is built on that principle, helping traders navigate the decentralized market with sharper tools and faster execution.

    With the launch of its KOL recruitment and feature expansion, MoonX is reinforcing its mission: to be the go-to trading tool for MemeCoin hunters, while powering a broader movement toward smarter, community-driven crypto trading.

    About BYDFi

    Founded in 2020, BYDFi now serves a community of 1,000,000+ users across more than 190 countries and regions. Recognized by Forbes as one of the Best Crypto Exchanges & Apps for Beginners of 2025, BYDFi offers a full range of trading services—from spot and perpetual contracts to copy trading, automated bots, and on-chain tools—empowering both new and seasoned traders to explore the digital asset space with confidence.

    BYDFi is committed to providing a world-class crypto trading experience for every user.

    BUIDL Your Dream Finance.

    • Website: https://www.bydfi.com
    • Support email: cs@bydfi.com
    • Business partnerships: bd@bydfi.com
    • Media inquiries: media@bydfi.com

    Twitter( X ) | LinkedIn | Telegram | YouTube | How to Buy on BYDFi

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/28be3023-908e-45ca-8a07-3f630d49d803

    The MIL Network –

  • MIL-OSI Africa: African finance ministers shouldn’t be making bond deals: how to hand over the job to experts

    Source: The Conversation – Africa – By Misheck Mutize, Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town

    Eurobonds, debts owed in a foreign currency, have become a quick and attractive way for African countries to borrow money. They are behind a sharp rise in commercial borrowing as a percentage of total external debt: it has nearly doubled from 27% in 2011 to 52% in 2020. This has increased the debt vulnerability of most African countries.

    Recent developments, however, show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relative to their sovereign risks.

    Based on my bond price modelling expertise, it is my view that there are two major drivers of the mispricing of African government bonds. They are interlinked.

    Firstly, a lack of expertise in debt management offices, whose job it is to negotiate the terms of any debt deals and to oversee their execution. This is a topic I explored in a recent article.

    Read more: African countries are bad at issuing bonds, so debt costs more than it should: what needs to change

    The second factor, which I address here, is that in many African countries, finance ministers have assumed primary responsibility for Eurobond issuance. They engage directly with investment bankers, legal advisors and credit rating agencies.

    In my view they shouldn’t.

    Finance ministers should stay away from debt negotiations because they are political appointees. They operate under incentives tied to electoral cycles, not fiscal sustainability. Their short tenures and desire to fund visible projects often conflict with the long-term nature of sovereign debt obligations.

    They don’t have the necessary expertise to handle the technical complexity required to get the best possible deal, either.

    Simply calling for ministers to step aside would ignore the institutional realities in most African countries. In particular, debt management offices have severe capacity constraints.

    Nevertheless, as global financial conditions tighten and African countries seek to refinance maturing Eurobonds or issue new instruments, the risks of politicised borrowing must be minimised. Ministers should spend their energies on ensuring their debt management offices are well staffed with top quality teams. They should then leave it up to these technical staff to prepare and arrange the financing.

    This would leave room for ministers to manage any disagreements between technical staff and the banks when necessary. And to close the final deal.

    Ministers versus the experts

    Eurobond issuance involves advanced financial engineering – pricing models, investor engagement, covenant structuring and legal compliance across jurisdictions. It takes a deep understanding of capital markets.

    When debt management offices are operating at their best, they are filled with people who have this knowledge. They have a combination of financial market and public policy skills, including debt portfolio management, risk analysis and debt transaction processing.

    In discussions with debt managers at the African Sovereign Debt Conference it’s become clear to me that debt managers are sidelined in the international bond issuance negotiations. They are also sidelined in the execution process, except for administrative support.

    What happens instead is that finance ministers are usually key contacts of the investment bankers. By approaching a minister directly, investment bankers get to close their mandates faster.

    But this minimises due diligence and bypasses internal safeguards. Ministers may not pay attention to complex legal clauses under foreign jurisdictions, details of investor negotiations and fee structures. They may accept unfavourable terms, ignore sustainability assessments and obscure fiscal vulnerabilities in pursuit of political wins and quick disbursements.

    For example, in 2018, Ghana’s then finance minister was internationally lauded for financial stewardship. Ghana was the first African issuer of a longest tenure and a zero-coupon bond. A year later, the country defaulted, suggesting the bond terms weren’t great for the country. The minister nevertheless received several awards as the best and most prudent in Africa.

    There is also the issue of conflicts of interest. When the same actor – in this case the finance minister – proposes, negotiates and approves a debt instrument, the system lacks accountability.

    In many African countries, parliaments, audit institutions and civil society have limited understanding about the technical details of bond agreements. Ministers can easily sideline procurement rules and transparency mechanisms, resulting in non-competitive contracts and opaque fees paid to underwriters and advisors.

    Investment bankers prefer this arrangement as it works in their favour.

    Reforms that are needed

    Before finance ministers can hand over control, debt management offices must be equipped. This requires targeted reforms, including:

    • Capacity building through strategic partnerships: African debt management offices should work with international issuing syndicates and development partners to gain first-hand exposure to structuring, pricing and marketing global bonds.

    • Human capital reforms: Governments must attract and retain highly skilled debt managers by offering competitive pay, professional development opportunities and protection from political interference.

    • Debt management offices must be staffed by dedicated quantitative analysts. They must also be equipped to use real-time market intelligence systems and formal investor relations programmes.

    • Gradual delegation: Authority can be shifted, starting with less complex debt instruments.

    The role of the finance minister must evolve. Ministers should provide strategic leadership: approving borrowing strategies, ensuring alignment with macroeconomic goals, and engaging parliament and the public.

    Their function should shift from operational to institutional oversight and accountability.

    Structural reforms must embed the capacity, autonomy and transparency required for debt management offices to lead effectively.

    In South Africa, for example, the assets and liabilities management division of the National Treasury department manages government’s annual funding programme.

    Professionalising the debt issuance process is not just about avoiding technical mistakes. It’s also about creating resilient institutions that can withstand political turnover. That fosters credibility and long-term access to capital.

    Ministers should remain accountable to the public, and debt management offices must do their work based on technical merit.

    – African finance ministers shouldn’t be making bond deals: how to hand over the job to experts
    – https://theconversation.com/african-finance-ministers-shouldnt-be-making-bond-deals-how-to-hand-over-the-job-to-experts-259017

    MIL OSI Africa –

  • Union Home Minister Amit Shah to chair 25th meeting of Central Zonal Council in Varanasi

    Source: Government of India

    Source: Government of India (4)

    Union Home Minister and Minister of Cooperation Amit Shah will chair the 25th meeting of the Central Zonal Council on Tuesday, June 24, in Varanasi, Uttar Pradesh. The meeting, organized by the Inter-State Council Secretariat under the Ministry of Home Affairs in collaboration with the Government of Uttar Pradesh, will bring together key policymakers from the central and state governments.

    Chief Ministers of the member states—Chhattisgarh, Madhya Pradesh, Uttarakhand, and Uttar Pradesh—along with two senior ministers from each state, will participate in the meeting. The Chief Secretaries and other senior officials of these states, as well as representatives from central ministries, will also be in attendance.

    The Central Zonal Council is one of the five Zonal Councils established under Sections 15 to 22 of the States Reorganisation Act, 1956. These councils were created to foster cooperation and coordination between states and the Centre. The Union Home Minister serves as the chairperson of all five councils, while the Chief Ministers, Lieutenant Governors, or Administrators of the member states and Union Territories act as members. Each year, the Chief Minister of one member state is appointed vice-chairperson on a rotational basis, and two ministers are nominated by the Governor of each member state.

    To streamline discussions, each Zonal Council has a permanent committee at the level of Chief Secretaries. State-proposed issues are first examined by this committee before being brought to the full council meeting for further deliberation.

    Under the leadership of Prime Minister Narendra Modi, Zonal Councils have evolved from purely advisory bodies into key forums for dialogue and cooperation. The Prime Minister has consistently emphasized the importance of both cooperative and competitive federalism in driving the all-round development of the nation. These councils have thus become effective platforms for discussing and resolving inter-state and Centre-state issues.

    In the past eleven years, 61 meetings of the various Zonal Councils and their permanent committees have been held, reflecting growing cooperation among state governments and central departments.

    The councils have also addressed matters of national importance, such as ensuring the swift investigation and resolution of sexual offense cases against women and children, including the implementation of Fast Track Special Courts (FTSC). Other key issues include expanding access to banking services in every village, the rollout of the Emergency Response Support System (ERSS-112), and regional priorities like improving nutrition, health, education, electricity access, urban planning, and strengthening the cooperative sector.

  • Union Home Minister Amit Shah to chair 25th meeting of Central Zonal Council in Varanasi

    Source: Government of India

    Source: Government of India (4)

    Union Home Minister and Minister of Cooperation Amit Shah will chair the 25th meeting of the Central Zonal Council on Tuesday, June 24, in Varanasi, Uttar Pradesh. The meeting, organized by the Inter-State Council Secretariat under the Ministry of Home Affairs in collaboration with the Government of Uttar Pradesh, will bring together key policymakers from the central and state governments.

    Chief Ministers of the member states—Chhattisgarh, Madhya Pradesh, Uttarakhand, and Uttar Pradesh—along with two senior ministers from each state, will participate in the meeting. The Chief Secretaries and other senior officials of these states, as well as representatives from central ministries, will also be in attendance.

    The Central Zonal Council is one of the five Zonal Councils established under Sections 15 to 22 of the States Reorganisation Act, 1956. These councils were created to foster cooperation and coordination between states and the Centre. The Union Home Minister serves as the chairperson of all five councils, while the Chief Ministers, Lieutenant Governors, or Administrators of the member states and Union Territories act as members. Each year, the Chief Minister of one member state is appointed vice-chairperson on a rotational basis, and two ministers are nominated by the Governor of each member state.

    To streamline discussions, each Zonal Council has a permanent committee at the level of Chief Secretaries. State-proposed issues are first examined by this committee before being brought to the full council meeting for further deliberation.

    Under the leadership of Prime Minister Narendra Modi, Zonal Councils have evolved from purely advisory bodies into key forums for dialogue and cooperation. The Prime Minister has consistently emphasized the importance of both cooperative and competitive federalism in driving the all-round development of the nation. These councils have thus become effective platforms for discussing and resolving inter-state and Centre-state issues.

    In the past eleven years, 61 meetings of the various Zonal Councils and their permanent committees have been held, reflecting growing cooperation among state governments and central departments.

    The councils have also addressed matters of national importance, such as ensuring the swift investigation and resolution of sexual offense cases against women and children, including the implementation of Fast Track Special Courts (FTSC). Other key issues include expanding access to banking services in every village, the rollout of the Emergency Response Support System (ERSS-112), and regional priorities like improving nutrition, health, education, electricity access, urban planning, and strengthening the cooperative sector.

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

    Source: United Kingdom – Executive Government & Departments

    Press release

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Culture Secretary Lisa Nandy said:

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

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

     Business and Trade Secretary Jonathan Reynolds said:

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

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

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

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

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

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

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

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

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

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

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

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

    ENDS

    Notes to editors:

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

    Further quotes

    Caroline Norbury, Chief Executive, Creative UK, said:

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

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

    Ben Roberts, Chief Executive, BFI, said:

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

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

    UK Music Chief Executive Tom Kiehl said:

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

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

    Barbara Broccoli, EON Productions, said:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Nick Poole OBE, Chief Executive, Ukie, said:

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

    Stephen Woodford, CEO, Advertising Association, said:

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

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

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

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

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

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

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

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

    Mel Sullivan, Chief Executive, Framestore, said:

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

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: expert reaction to the R&D elements of the Industrial Strategy

    Source: United Kingdom – Executive Government & Departments

    Scientists comment on R&D elements of the Industrial Strategy, published by the Department for Business and Trade. 

    Prof Siddharthan Chandran, Director of the UK Dementia Research Institute, said: 

    “Today’s Industrial Strategy is an important milestone in delivering an internationally competitive package that realises the UK’s potential as a global leader in research and innovation. 

    “The plan rightly demonstrates a strong commitment to long-term investment that will make the most of UK innovations, driving growth across the country. It is right that we forge ahead and double down on our backing for R&D by creating the most attractive environment for innovative research. At the UK Dementia Research Institute, we know that a globally competitive system which supports academic-industry partnerships and spinouts is the way to build a culture of translating research into health and wealth impact. This is about building capacity, recruiting and retaining talent, attracting investment, and accelerating delivery for people living with dementia. 

    “We look forward to seeing this built on in the upcoming Life Sciences Sector Plan and 10 Year Health Plan. By harnessing the UK’s scientific excellence and NHS research capability we can deliver growth for the economy and build toward a future of healthy brain ageing for all.”

    Dr Hayaatun Sillem CBE, Chief Executive of the Royal Academy of Engineering, said:

    “We are delighted to see the announcement of new skills packages for tech, engineering and defence, recognising that the Industrial Strategy’s objectives simply cannot be delivered without a significant boost to investment in our engineering and tech talent base. These packages provide a much-needed opportunity for government to take a holistic view of the rapidly changing skills landscape, and to work with partners across industry and professional bodies to make sure the UK tackles its longstanding skills and diversity deficits in these crucial areas. Today is International Women in Engineering Day – a reminder that we still have much to do to deliver equitable participation in these high-value jobs, and better outcomes for people from all parts of the UK.

    “The Royal Academy of Engineering looks forward to supporting government in taking forward these recommendations, including through our new Skills Centre. We also welcome the publication of the Technology Adoption Review and hope that this will result in meaningful action to increase the capacity of the UK’s industrial base and public sector to deploy existing technologies at the scale and pace demanded in today’s tech-driven world.”

    ‘The UK’s Modern Industrial Strategy’ was published by the Department for Business and Trade at 9am UK time on Monday 23rd June 2025.

    https://www.gov.uk/government/publications/industrial-strategy

     

    Declared interests

    The nature of this story means everyone quoted above could be perceived to have a stake in it. As such, our policy is not to ask for interests to be declared – instead, they are implicit in each person’s affiliation.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Premier of the State Council of the People’s Republic of China to attend Summer Davos 2025

    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 23 (Xinhua) — Chinese Premier Li Qiang will attend the 16th annual meeting of emerging world leaders of the World Economic Forum (WEF), also known as “Summer Davos”, in north China’s Tianjin from June 24 to 25, Foreign Ministry spokesman Guo Jiakun said Monday.

    Li Qiang will attend the opening ceremony of the meeting and deliver a special speech there, as well as meet with foreign guests and talk with representatives of foreign business circles, the Chinese diplomat added.

    According to him, the event will be attended by the President of Ecuador Daniel Noboa, the Prime Minister of Singapore Lawrence Wong, the Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek Kasymaliev, the Prime Minister of Senegal Ousmane Sonko and the Prime Minister of Vietnam Pham Minh Trinh.

    More than 1,700 representatives from political, business, academic and media circles from over 90 countries and regions will also attend the meeting, Guo Jiakun concluded. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: TCM Brings China and Uzbekistan Together in Forming the “Silk Road of Health”

    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

    URUMQI, June 23 (Xinhua) — The treatment room smells of medicinal herbs, its walls are decorated with illustrations explaining the theory of traditional Chinese medicine (TCM) and a diagram of the acupuncture technique, a model of the human body with indications of the complex meridians and collaterals of “Jing-Luo” stands against the wall, a doctor sits at a table in the middle of the treatment room, intently checking the patient’s pulse – such a picture, typical of a TCM medical institution, was observed not somewhere in China, but in the capital of Uzbekistan.

    The China-Uzbekistan Center for Traditional Chinese Medicine and Pharmaceutics, located in Tashkent, vividly embodies the efforts of the two countries to implement the initiative envisaged in the Xi’an Declaration of the China-Central Asia Summit of 2023. The initiative states: “The parties are interested in deepening cooperation in the field of healthcare, promoting the construction of traditional Chinese medicine centers, including in the field of growing and processing medicinal plants to form the “Silk Road of Health.”

    In particular, Xinjiang /Xinjiang Uyghur Autonomous Region, XUAR/, the region of China closest to the Central Asian countries, actively responded to the initiative. In September 2024, Xinjiang Medical University welcomed the first batch of doctors from Uzbekistan who came here to study for a master’s degree in TCM. With their youth and energy, they injected new impetus into the construction of the “Health Silk Road”.

    Among the arriving listeners was 25-year-old Sirojiddin Umirov, who had shown great enthusiasm for traditional medicine since childhood. In 2024, after graduating from the Tashkent State Medical University, he decided to deepen his qualifications in traditional medicine in China. To prepare for this, he even independently began to study Chinese in advance.

    In his master’s degree at Xinjiang Medical University, the native of the Kashkadarya region of Uzbekistan chose TCM methodology in the field of osteology as his field of study.

    “Here I am simply captivated by the deep wisdom and miraculous effects of ancient Chinese medicine. An experienced scientific director imparts to us knowledge on the treatment of bone diseases using traditional methods of Chinese medicine, and I strive to quickly use the acquired skills in clinical practice,” said S. Umirov.

    “We train Uzbek doctors with a focus on improving their practical clinical skills,” said the scientific director, Professor Fan Rui. “We hope that after studying in China, S. Umirov will be able to make a great contribution to the dissemination of TCM in Uzbekistan and the promotion of the development of local, Uzbek traditional medicine.”

    Kamronbek Gaibullaev, 23, who graduated from the Samarkand State Medical University, was also interested in studying the TCM program at Xinjiang Medical University. Acupuncture has proven to be a difficult subject for him.

    His supervisor, Li Yongkai, noted that Uzbek students still find it difficult to accurately determine the depth, angle and force of needle insertion, and sometimes lack the determination to perform this practice. In his opinion, this is partly due to the fact that, unlike the Chinese, they have had relatively little contact with TCM theory and knowledge in this area in everyday life.

    Despite this, K. Gaibullaev is full of confidence in overcoming the difficulty. He dreams of opening a TCM clinic in his native region, using his medical skills to help local residents fight illnesses.

    At the same time, in Tashkent, at the Chinese-Uzbek Center for Traditional Chinese Medicine and Pharmaceutics, Zakhro Mirsaidova and her colleagues, based on the constant strengthening of clinical experience, have already begun to think about the localization of TCM.

    “We have decided to promote the localization and modernization of TCM development in Uzbekistan, for which we are considering the possibility of developing a set of principles for the prevention and treatment of diseases using TCM that correspond to the realities of our country, and we also plan to launch research work on the impact of TCM on common diseases in the Central Asian region,” said Z. Mirsaidova.

    The dissemination of TCM training courses in medical universities of Uzbekistan, the joint creation of TCM clinics, the establishment of international cooperation in the field of TCM educational programs, the active organization of relevant trainings and cultural events – all this is aimed at promoting the integrated and innovative development of traditional medicine in China and Uzbekistan, noted Chen Jingbo, Director of the Xinjiang Uyghur Autonomous Region TCM Hospital at Xinjiang Medical University.

    He places great hope on talented traditional medicine specialists from the two countries to improve their professional skills and make greater contributions to protecting people’s health and play an active role in implementing the Health Silk Road initiative. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: The United States has urged its citizens to exercise increased caution abroad.

    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

    WASHINGTON, June 23 (Xinhua) — The U.S. State Department on Sunday issued a global security alert, urging U.S. citizens abroad to exercise increased caution.

    “The conflict between Israel and Iran has led to disruptions in air traffic and periodic closures of airspace in the Middle East,” says a statement posted on the department’s official website.

    “There is a potential for protests against U.S. citizens and interests abroad. The State Department advises U.S. citizens worldwide to exercise increased caution,” the warning said.

    The United States struck three key Iranian nuclear sites on Saturday, saying it had destroyed the country’s nuclear program.

    Late on Saturday, US President Donald Trump warned that any retaliatory strike by Iran “will be met with force far beyond what the world saw tonight.”

    Last week, the State Department warned American citizens against traveling to Israel, Gaza and the West Bank due to armed conflict, terrorism and civil unrest. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: North Korea condemns US military attack on Iranian nuclear facilities

    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

    PYONGYANG, June 23 (Xinhua) — The Democratic People’s Republic of Korea (DPRK) on Monday strongly condemned the U.S. military strike on Iran’s nuclear facilities on Saturday, the official Korean Central News Agency (KCNA) reported.

    The attack “grossly violated the UN Charter, which provides for respect for sovereignty and non-interference in internal affairs as a fundamental principle, and other international laws, and grossly trampled on the territorial integrity and security interests of a sovereign state,” the statement said.

    Under the pretext of so-called “peacekeeping” and “removing the threat,” Israel and the United States have further escalated tensions in the Middle East and caused serious negative consequences for the global security structure by demonstrating their physical strength, it said.

    The international community must unanimously condemn the confrontational actions of the US and Israel, the report added. –0–

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: LegCo to consider Trade Unions (Amendment) Bill 2025

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Legislative Council Secretariat:

         The Legislative Council (LegCo) will hold a meeting on Wednesday (June 25) at 11am in the Chamber of the LegCo Complex. During the meeting, the Second Reading debate on the Trade Unions (Amendment) Bill 2025 will resume. If the Bill is supported by Members and receives its Second Reading, it will stand committed to the committee of the whole Council. After the committee of the whole Council has completed consideration of the Bill and its report is adopted by the Council, the Bill will be set down for the Third Reading.

         The Second Reading debate on the Post Secondary Colleges (Amendment) Bill 2025 will also resume. If the Bill is supported by Members and receives its Second Reading, it will stand committed to the committee of the whole Council. After the committee of the whole Council has completed consideration of the Bill and its report is adopted by the Council, the Bill will be set down for the Third Reading.

         On Members’ motions, Mr Ma Fung-kwok will move a motion on “Keeping pace with the times and updating cultural policy”. The motion is set out in Appendix 1. Mr Dennis Leung and Mr Erik Yim will move separate amendments to Mr Ma’s motion.

         Mr Holden Chow will move a motion on “Addressing the excessive use of Internet and electronic screen products by children and adolescents”. The motion is set out in Appendix 2. Dr Johnny Ng, Mr Luk Chung-hung and Mr Chan Kin-por will move separate amendments to Mr Chow’s motion.

         During the meeting, Mr Chan Chun-ying will present the “Finance Committee Report on the examination of the Estimates of Expenditure 2025-2026” and address the Council.

         Members will also ask the Government 22 questions on various policy areas, six of which require oral replies.

         The agenda of the above meeting can be obtained via the LegCo Website (www.legco.gov.hk). Members of the public can watch or listen to the meeting via the “Webcast” system on the LegCo Website. To observe the proceedings of the meeting at the LegCo Complex, members of the public may call 3919 3399 during office hours to reserve seats.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Llyodstern Establishes New Standards in Digital Business Solutions

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 23, 2025 (GLOBE NEWSWIRE) — Llyodstern.com, a tech company based in London, is changing how businesses work online. The company has built a simple platform that helps people make better business decisions without all the usual headaches.

    Making Business Easier

    Llyodstern created the platform that lets businesses access different markets around the world. It doesn’t matter if you’re running a small shop or a big company – their tools are designed to be easy to use for everyone.

    Their system almost never stops working. It’s up and running 99.99% of the time, so you can really rely on it when you’re busy. You won’t have to stress about the website going down when you’re trying to do something important.

    “We just wanted to build something that actually helps people,” says someone from the company. “Most platforms are either too confusing or too basic. We tried to make something right in the middle.”

    Wide Range of Business Opportunities

    Through their platform, users can explore over 3,000 different business opportunities. This includes regular company stocks, things like gold and oil, different currencies, and even newer digital stuff like Bitcoin and Ethereum. They have more than 60 different digital options to choose from.

    You can also keep track of big market indicators like the S&P 500 and NASDAQ. Even smaller businesses can get involved in markets that used to be only for big companies.

    Multiple Ways to Access the Platform

    People like to work in different ways, so Llyodstern gives you options. They have a phone app so you can check things while you’re out and about. Perfect for busy people who can’t always be at their computer.

    If you want more detailed charts and analysis, they give you all the advanced tools. But if you just want something simple, their WebTrader works right in your web browser – no need to download anything.

    Help with Retirement Planning

    Llyodstern teamed up with a company called EBROKING to help people manage their retirement money. This partnership makes it easier for people to handle their own retirement funds and gives them access to special bank accounts that work together smoothly.

    It’s especially helpful because it takes care of a lot of the boring paperwork stuff automatically.

    Safe and Secure

    The company follows strict rules and is watched over by financial authorities in Switzerland and works with Interactive Brokers. This means your money and information are protected by the same rules that banks have to follow.

    They also have security systems running 24/7 to watch for any problems and help you avoid them before they happen.

    Global Reach, Local Support

    Llyodstern gets that businesses today are global. That’s why they’ve made sure their customer support speaks many languages and that their platform works for different regions. They cover big markets in Europe, America, and Asia, so you can really think big, even if you’re operating right where you are.

    Their support team is always ready to help, whether you’re new or have some tough questions. They just want to make sure you’re getting the best out of the platform.

    Smart Ways to Handle Risks

    One thing Llyodstern really shines at is managing risk. Their platform has these great tools that help you spot potential problems and make smarter choices. Instead of leaving you to figure things out on your own, the system actually guides you and gives you early warnings when the market starts shifting.

    This approach means businesses can stay ahead of problems, rather than just reacting once things go wrong.

    Steady Growth, Dependable Service

    While a lot of tech companies try to grow super fast, Llyodstern has taken a different route. They’re all about steady, sustainable growth so they never have to cut corners on the service their current clients get. Plus, they test new features really carefully before putting them out there, making sure everything works perfectly from day one.

    This careful way of doing things has built a lot of trust with their clients. Many have been with the company for years and often tell others about them.

    About Llyodstern

    Llyodstern.com is a digital company from London that makes tools to help businesses manage their operations in today’s world. They work with all sorts of clients, from people just starting their own business to very large companies, giving them easy and reliable ways to find business chances all over the globe.

    Llyodstern cares about security, staying compliant, and supporting their customers. That’s why they’ve become a trusted partner for businesses looking to grow and make smarter decisions in today’s connected world.

    Contact Info:

    Want to know more? Just visit their website or send them a message.

    Disclaimer: This press release is provided by Llyodstern. The statements, views, and opinions expressed are solely those of the provider and do not necessarily reflect those of this media platform or its publisher. Any names or brands mentioned are used for identification purposes only and remain the property of their respective owners. No endorsement or guarantee is made regarding the accuracy, completeness, or reliability of the information presented. This material is for informational purposes only and does not constitute financial, legal, or professional advice. Readers are encouraged to conduct independent research and consult qualified professionals. The publisher is not liable for any losses, damages, or legal issues arising from the use or publication of this content.

    The MIL Network –

  • MIL-OSI: eQ Plc Jouko Pölönen to start as CEO of eQ Plc on 1 September 2025

    Source: GlobeNewswire (MIL-OSI)

    eQ Plc Stock Exchange Release
    23 June 2025 at 1:30 p.m.

    eQ Plc announced on 5 May 2025, that the company’s Board of Directors has appointed Jouko Pölönen as the company’s CEO. Today, it has been agreed that Jouko Pölönen will assume the role of eQ Plc’s CEO on 1 September 2025. He succeeds eQ Plc’s interim CEO Janne Larma, who will continue as interim CEO until 31 August 2025. For the sake of clarity, we confirm that Janne Larma will continue as a member of the company’s Board of Directors after the transition.

    eQ Plc

    Additional information: Juha Surve, Group General Counsel, tel. +358 9 6817 8733

    Distribution: Nasdaq Helsinki, www.eQ.fi

    eQ Group is a Finnish group of companies specialising in asset management and corporate finance business. eQ Asset Management offers a wide range of asset management services (including private equity funds and real estate asset management) for institutions and individuals. The assets managed by the Group total approximately EUR 13.6 billion. Advium Corporate Finance, which is part of the Group, offers services related to mergers and acquisitions, real estate transactions and equity capital markets.

    More information about the Group is available on our website at www.eQ.fi.

    The MIL Network –

  • MIL-OSI: eQ Plc Jouko Pölönen to start as CEO of eQ Plc on 1 September 2025

    Source: GlobeNewswire (MIL-OSI)

    eQ Plc Stock Exchange Release
    23 June 2025 at 1:30 p.m.

    eQ Plc announced on 5 May 2025, that the company’s Board of Directors has appointed Jouko Pölönen as the company’s CEO. Today, it has been agreed that Jouko Pölönen will assume the role of eQ Plc’s CEO on 1 September 2025. He succeeds eQ Plc’s interim CEO Janne Larma, who will continue as interim CEO until 31 August 2025. For the sake of clarity, we confirm that Janne Larma will continue as a member of the company’s Board of Directors after the transition.

    eQ Plc

    Additional information: Juha Surve, Group General Counsel, tel. +358 9 6817 8733

    Distribution: Nasdaq Helsinki, www.eQ.fi

    eQ Group is a Finnish group of companies specialising in asset management and corporate finance business. eQ Asset Management offers a wide range of asset management services (including private equity funds and real estate asset management) for institutions and individuals. The assets managed by the Group total approximately EUR 13.6 billion. Advium Corporate Finance, which is part of the Group, offers services related to mergers and acquisitions, real estate transactions and equity capital markets.

    More information about the Group is available on our website at www.eQ.fi.

    The MIL Network –

  • MIL-OSI: Given Almost $75 Million in Executed Preferred Stock Purchase Agreements, Hyperscale Data Does Not Currently Intend to Raise Additional Equity

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 23, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that it does not currently intend to pursue additional equity offerings, given that it has entered into existing financing agreements whereby it expects to raise up to an additional $68 million in preferred investments. These agreements, if completed in their entirety, would significantly bolster the Company’s capital position.

    To date, Ault & Company, Inc., a private holding company controlled by the Company’s Founder and Executive Chairman, Milton “Todd” Ault III, has invested almost $51 million in Hyperscale Data through multiple tranches of preferred stock, and has agreed to invest up to an additional $24 million pursuant to the December 2024 securities purchase agreement providing for the purchase of up to $25 million shares of Series G convertible preferred stock and associated warrants.

    Additionally, the Company recently entered into a separate securities purchase agreement with an institutional investor to sell up to $50 million of Series B convertible preferred stock (the “Series B Preferred”). The agreement provides for multiple tranche closings, offering the potential of ongoing access to capital aligned with the Company’s operational progress. To date, $5.7 million of Series B Preferred has been purchased under this agreement.

    “With up to an additional $68 million in preferred equity commitments, we do not anticipate the need to raise additional equity in the next six months,” said Will Horne, CEO of Hyperscale Data. “This funding supports our strategy to expand the Michigan data center and drive long-term value creation as we evolve into a pure-play artificial intelligence (“AI”) and digital infrastructure platform.”

    In February 2025, the Company announced that its indirect, wholly owned subsidiary Alliance Cloud Services, LLC (“ACS”) had reached an agreement in principle with its primary local utility to expand the Michigan facility’s available power from approximately 30 megawatts (“MW”) to 300 MW. The completion of this power upgrade is anticipated to take 44 months from execution of a formal letter of authorization between ACS and the utility, which is currently being negotiated.   In addition, the Company also announced that ACS has reached an agreement in principle with the local natural gas utility to provide an additional 40 MW. The project is expected to be completed within 18 months of the execution of definitive agreements. Combined, this expansion would bring the total expected power capacity of the data center to approximately 340 MW, positioning Hyperscale Data to host large-scale AI and high-performance computing (“HPC”) workloads.

    The Company intends to complete its previously announced separation from Ault Capital Group, Inc. (“ACG”) by the end of 2025. Following the separation, Hyperscale Data will operate as an independent, publicly traded infrastructure company focused on AI and digital asset compute solutions.

    While the Company currently believes that its existing preferred equity commitments will be sufficient to support its near term capital needs, future developments, including changes in market conditions, operational requirements, inability to reverse or reduce operating losses, decisions to make additional capital expenditures or strategic opportunities, may result in the need to raise additional capital sooner than anticipated. In addition, the Company currently anticipates financing a significant amount of the development of the Michigan facility through non-dilutive debt financing. There can be no assurance that additional financing will be available on favorable terms, or at all.  

    The completion of the power upgrades is subject to a number of risks and uncertainties, one or more which could result in the project being curtailed, delayed or terminated, including, but not limited to: failure to agree upon terms and execute definitive agreements; the inability of the Company or ACS to raise sufficient funds to pay for the power upgrades; failure to obtain regulatory consents and approvals; the inability to obtain sufficient easements, rights-of-way and land rights necessary to the work to be performed, and other presently unforeseen events or conditions.

    This press release is for information purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any state or other jurisdiction in which such offer, solicitation or sale or such assets or securities would be unlawful under the laws of any such state or other jurisdiction.

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

  • MIL-OSI: Stay Ahead of the Curve: Instant Market Moves from MCGlobalHub

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 23, 2025 (GLOBE NEWSWIRE) — MCGlobalHub, a financial company, has launched a new feature that gives users real-time updates on market changes. The goal is to help users react faster when prices move in markets like stocks, commodities, indices, and cryptocurrencies.

    The update is available to all users and works on both desktop and mobile. It sends instant alerts about major price changes and important market events. No extra tools are needed. Users can stay updated without switching between platforms.

    Helping Traders React Faster

    This new feature was built after hearing from traders who said they often miss fast market changes. They wanted quicker updates so they could act right away when prices move.

    “People kept telling us they needed to see changes the moment they happened,” said a company spokesperson. “We get it, when you’re trading, seconds matter. This tool gives you that quick heads-up when something shifts.”

    The alerts are based on real-time data. They don’t give trading advice or predictions. Instead, they show what’s happening in the market so users can decide what to do.

    Traders can choose which assets they want to track. They can also set how often they get alerts or how big a price change needs to be before they are notified. This makes the feature flexible for different trading styles.

    Built for Simplicity

    MCGlobalHub says the feature is meant to be simple and useful. Instead of adding more complex tools or charts, the company focused on keeping it easy to use.

    “When markets are unstable, traders don’t have time to dig through reports,” the spokesperson added. “Sometimes you just need to know something moved. Then you can decide what’s next. We wanted to make that part easier.”

    The new alerts won’t change any current user settings. Users can turn the alerts on or off at any time. Messages will appear on the trading platform and on mobile devices so users don’t miss anything, even if they’re not at their desks.

    Why Instant Alerts Matter Today

    In today’s fast-moving markets, even small delays can lead to missed chances or unexpected losses. That’s why many traders are asking for tools that show what’s happening as it happens.

    “Markets move fast, and if you’re not watching every second, you can fall behind,” said the spokesperson. “This feature just helps people stay in the loop without needing to stare at the screen all day.”

    MCGlobalHub says the alerts will cover all the major instruments it offers. This includes currency pairs, stocks, commodities like oil and gold, stock indices, and digital assets like Bitcoin. The company plans to improve the feature based on how users interact with it.

    Looking Forward

    MCGlobalHub plans to keep improving its platform based on what users need. The new instant alerts are part of a wider plan to give users better tools without making things too complex. The company says it will listen to feedback to see what works and where to improve. Users are encouraged to try the new feature and adjust settings to fit their trading habits.

    About MCGlobalHub

    MCGlobalHub is a multi-asset access provider offering a range of trading instruments, including Forex, commodities, equities, indices, and cryptocurrencies. The company provides a web-based trading platform accessible on desktop and mobile devices, with standard functionality and security measures, including encryption and account verification. MCGlobalHub prioritizes fast trade execution, offers various deposit and withdrawal methods, and provides customer support through multiple channels.

    Media details:
    Name: Charles Simpson
    Email: Charles.Simpson@MCglobalHub.com
    Website: www.MCglobalHub.com

    Disclaimer: This press release is provided by MCGlobalHub. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    The MIL Network –

  • MIL-OSI: Portfolio Manager and Noted Macro and Market Analyst Bob Elliott Launches Substack Newsletter

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) — Bob Elliott, former member of the Investment Committee at Bridgewater Associates and the CEO/CIO of alternative investment firm Unlimited, today announced the launch of Nonconsensus, a new economic and investing newsletter published on Substack. The publication will provide global market insights, economic trend analysis, and portfolio strategy commentary aimed at a wide range of investors including retail traders, financial advisors and institutional professionals.

    Nonconsensus builds on Bob’s well-established presence on X (formerly Twitter), offering deeper insights and expanded analysis. Subscribers will receive a variety of content, including exclusive threads, real-time market commentary, early access to thought leadership, and access to an engaged community of fellow investors—including Bob. A free tier will also be available, offering readers a weekly roundup of Bob’s analysis and select real-time content with guidance on navigating challenging macro environments.

    The newsletter will cover global macroeconomic trends—from central bank policies to market movements—translating complex developments into actionable insight, mirroring Unlimited’s mission of making traditionally elusive alts strategies available to all investors.

    “Since beginning to share my writing publicly a few years ago, I’ve been humbled by how many people have found clarity in my thoughts and engaged so meaningfully,” said Mr. Elliott. “With Nonconsensus, I hope to foster a dynamic and intellectually curious community of investors committed to demystifying the markets.”

    Investors and readers can subscribe to Nonconsensus at https://substack.com/@bobeunlimited.

    Media Contacts:

    Sarah Lazarus Zach Kouwe
    Dukas Linden Public Relations Dukas Linden Public Relations
    +1 617-335-7823 +1 551-655-4032
    sarah@dlpr.com zkouwe@dlpr.com

    The MIL Network –