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  • India Inc’s operating profit margins likely to rise to 18.5% in Q1 FY26: ICRA report

    Source: Government of India

    Source: Government of India (4)

    India Inc’s operating profit margins are expected to rise by 10 to 40 basis points to 18.2–18.5% in the first quarter (April–June) of FY2026, continuing the sequential recovery seen over the past few quarters, according to a report released by rating agency ICRA on Monday.

    “This, coupled with a moderation in interest costs due to the Reserve Bank of India’s recent cumulative repo rate cuts of 100 basis points, is expected to improve the interest coverage ratio for India Inc. to around 5.1–5.2 times in Q1 FY2026, compared to 5.0 times in Q4 FY2025,” the report stated.

    Kinjal Shah, Senior Vice President at ICRA, noted, “Given the uncertain global environment, the private capital expenditure (capex) cycle is expected to remain measured. However, certain sunrise sectors such as electronics, semiconductors, and niche segments within the automotive space like electric vehicles will continue to attract investment, supported by the Government of India’s production-linked incentive (PLI) schemes.”

    He further added that entities linked to Indian Railways and the Defence sector are likely to see their large order books translating into higher revenues and earnings.

    ICRA’s analysis of 589 listed companies (excluding financial sector entities) for Q4 FY2025 revealed a 7.6% year-on-year revenue growth. This was driven by improved demand across consumption-oriented sectors such as consumer durables, retail, hotels, and airlines, as well as infrastructure-related sectors like power, real estate, and construction. In contrast, sectors such as iron and steel experienced a decline due to weaker global demand and an influx of cheaper imports from China.

    India Inc is expected to post stable revenue growth in Q1 FY2026, supported by resilient domestic demand. Rural demand is projected to remain healthy, while urban demand is likely to recover, aided by income tax relief measures, easing food inflation, and lower EMIs.

    However, ongoing geopolitical tensions continue to weigh on sentiment, particularly for export-oriented sectors such as agrochemicals, textiles, auto and auto components, cut and polished diamonds, and IT services.

    In Q4 FY2025, India Inc recorded a 63-basis-point year-on-year increase in operating profit margins to 18.5%, marking the highest level since Q4 FY2022. This expansion was driven by improved operating leverage on the back of strong demand in sectors like power, airlines, and real estate, along with some moderation in input costs. Sequentially, margins improved by around 41 basis points during the quarter.

    ICRA also observed that the interest coverage ratio of its sample set—adjusted to exclude sectors with relatively low debt levels such as IT, FMCG, and pharmaceuticals—improved on a year-on-year basis to 5.0 times in Q4 FY2025, up from 4.8 times in Q4 FY2024, owing to better profitability.

    Furthermore, range-bound debt levels and improved profitability across industrial, capital goods, and construction sectors in FY2025 contributed to a stronger financial position, as reflected in improved gearing and better debt-to-operating profit ratios.

    — IANS

  • India Inc’s operating profit margins likely to rise to 18.5% in Q1 FY26: ICRA report

    Source: Government of India

    Source: Government of India (4)

    India Inc’s operating profit margins are expected to rise by 10 to 40 basis points to 18.2–18.5% in the first quarter (April–June) of FY2026, continuing the sequential recovery seen over the past few quarters, according to a report released by rating agency ICRA on Monday.

    “This, coupled with a moderation in interest costs due to the Reserve Bank of India’s recent cumulative repo rate cuts of 100 basis points, is expected to improve the interest coverage ratio for India Inc. to around 5.1–5.2 times in Q1 FY2026, compared to 5.0 times in Q4 FY2025,” the report stated.

    Kinjal Shah, Senior Vice President at ICRA, noted, “Given the uncertain global environment, the private capital expenditure (capex) cycle is expected to remain measured. However, certain sunrise sectors such as electronics, semiconductors, and niche segments within the automotive space like electric vehicles will continue to attract investment, supported by the Government of India’s production-linked incentive (PLI) schemes.”

    He further added that entities linked to Indian Railways and the Defence sector are likely to see their large order books translating into higher revenues and earnings.

    ICRA’s analysis of 589 listed companies (excluding financial sector entities) for Q4 FY2025 revealed a 7.6% year-on-year revenue growth. This was driven by improved demand across consumption-oriented sectors such as consumer durables, retail, hotels, and airlines, as well as infrastructure-related sectors like power, real estate, and construction. In contrast, sectors such as iron and steel experienced a decline due to weaker global demand and an influx of cheaper imports from China.

    India Inc is expected to post stable revenue growth in Q1 FY2026, supported by resilient domestic demand. Rural demand is projected to remain healthy, while urban demand is likely to recover, aided by income tax relief measures, easing food inflation, and lower EMIs.

    However, ongoing geopolitical tensions continue to weigh on sentiment, particularly for export-oriented sectors such as agrochemicals, textiles, auto and auto components, cut and polished diamonds, and IT services.

    In Q4 FY2025, India Inc recorded a 63-basis-point year-on-year increase in operating profit margins to 18.5%, marking the highest level since Q4 FY2022. This expansion was driven by improved operating leverage on the back of strong demand in sectors like power, airlines, and real estate, along with some moderation in input costs. Sequentially, margins improved by around 41 basis points during the quarter.

    ICRA also observed that the interest coverage ratio of its sample set—adjusted to exclude sectors with relatively low debt levels such as IT, FMCG, and pharmaceuticals—improved on a year-on-year basis to 5.0 times in Q4 FY2025, up from 4.8 times in Q4 FY2024, owing to better profitability.

    Furthermore, range-bound debt levels and improved profitability across industrial, capital goods, and construction sectors in FY2025 contributed to a stronger financial position, as reflected in improved gearing and better debt-to-operating profit ratios.

    — IANS

  • Amitabh Kant steps down as G20 Sherpa after 45 years of government service

    Source: Government of India

    Source: Government of India (4)

    Amitabh Kant on Monday announced his decision to step down as the G20 Sherpa. His resignation comes after 45 years of government service in various roles, including G20 Sherpa, CEO of NITI Aayog, and Secretary of the Department for Industrial Policy and Promotion, among others.

    “After 45 years of dedicated government service, I have made the decision to embrace new opportunities and move forward in life,” Kant said in a post on X, titled ‘My New Journey’. He thanked Prime Minister Narendra Modi for accepting his resignation and for entrusting him with key policy responsibilities during his tenure.

    Describing the G20 Summit in India as a “significant milestone” in his career, Kant wrote in a LinkedIn post: “India’s G20 presidency was people-centric and inclusive, with meetings held across all states and union territories. This strengthened cooperative federalism, celebrated local culture, and upgraded infrastructure nationwide.”

    Kant also highlighted the successful inclusion of the African Union in the G20, which fulfilled India’s commitment to global equity and to amplifying the voice of the Global South.

    During his time at NITI Aayog, Kant led flagship initiatives such as the Aspirational Districts Programme, aimed at improving governance and development indicators in 115 of India’s most underdeveloped districts. He also played a pivotal role in shaping India’s digital public infrastructure, and championed innovation through the Atal Innovation Mission, manufacturing reforms via the PLI scheme, and sustainability through missions such as Green Hydrogen and Advanced Chemistry Cells.

    As Secretary of the DIPP, Kant played a significant role in rolling out major initiatives such as Ease of Doing Business, Make in India, and Startup India.

    Tracing his career to its roots in Kerala, Kant said his early exposure to grassroots development informed his later efforts — including the globally recognised Incredible India tourism campaign, which he described as inspired by the sector’s potential for job creation and economic growth.

    Kant’s next chapter, he said, would focus on contributing to India’s journey towards Viksit Bharat by empowering enterprise and innovation.

  • Amitabh Kant steps down as G20 Sherpa after 45 years of government service

    Source: Government of India

    Source: Government of India (4)

    Amitabh Kant on Monday announced his decision to step down as the G20 Sherpa. His resignation comes after 45 years of government service in various roles, including G20 Sherpa, CEO of NITI Aayog, and Secretary of the Department for Industrial Policy and Promotion, among others.

    “After 45 years of dedicated government service, I have made the decision to embrace new opportunities and move forward in life,” Kant said in a post on X, titled ‘My New Journey’. He thanked Prime Minister Narendra Modi for accepting his resignation and for entrusting him with key policy responsibilities during his tenure.

    Describing the G20 Summit in India as a “significant milestone” in his career, Kant wrote in a LinkedIn post: “India’s G20 presidency was people-centric and inclusive, with meetings held across all states and union territories. This strengthened cooperative federalism, celebrated local culture, and upgraded infrastructure nationwide.”

    Kant also highlighted the successful inclusion of the African Union in the G20, which fulfilled India’s commitment to global equity and to amplifying the voice of the Global South.

    During his time at NITI Aayog, Kant led flagship initiatives such as the Aspirational Districts Programme, aimed at improving governance and development indicators in 115 of India’s most underdeveloped districts. He also played a pivotal role in shaping India’s digital public infrastructure, and championed innovation through the Atal Innovation Mission, manufacturing reforms via the PLI scheme, and sustainability through missions such as Green Hydrogen and Advanced Chemistry Cells.

    As Secretary of the DIPP, Kant played a significant role in rolling out major initiatives such as Ease of Doing Business, Make in India, and Startup India.

    Tracing his career to its roots in Kerala, Kant said his early exposure to grassroots development informed his later efforts — including the globally recognised Incredible India tourism campaign, which he described as inspired by the sector’s potential for job creation and economic growth.

    Kant’s next chapter, he said, would focus on contributing to India’s journey towards Viksit Bharat by empowering enterprise and innovation.

  • MIL-OSI United Kingdom: Celebrations as two more become Schools of Sanctuary

    Source: City of Wolverhampton

    The Royal School Wolverhampton Primary and Ormiston NEW Academy showed assessors from the City of Sanctuary UK movement that they celebrate their diverse communities, and that the School of Sanctuary ethos of welcome, inclusion and safety for all, runs through all aspects of both schools.

    Achieving the School of Sanctuary status is the culmination of dedicated and ongoing efforts to ensure that every child, staff member and family feels represented, included, and valued.

    The Royal School Deputy Head of Primary Hayley Green said: “We are delighted to have been awarded School of Sanctuary status — a recognition of the incredible work and dedication of our whole school community.

    “This award celebrates the inclusive ethos that runs through everything we do, from our Young Interpreters to the everyday actions of all our amazing staff, pupils, and families who help make our school a warm, welcoming place for all. We’re proud of this achievement and grateful to everyone who continues to contribute to our culture of care, compassion, and belonging.

    “We would like to extend our heartfelt thanks to the City of Wolverhampton Council’s Citizenship, Literacy and Language Advisory Teacher Claire Sumner for her unwavering support throughout this journey. Claire was instrumental in helping us develop a focused action plan tailored to our school’s unique context, and her guidance during our School of Sanctuary application process has been both expert and encouraging.

    “This award is something we are all be truly proud of and belongs to all of us — staff, pupils, and families — who make our school such a safe and welcoming place for everyone where diversity is celebrated, support is proactive, and every child is given the opportunity to thrive.”

    Eleanor Tomlinson, Educational and Child Psychologist at Ormiston NEW Academy, said: “We are delighted to have achieved the School of Sanctuary Award.

    “We are extremely proud of the many different cultures and backgrounds of our student population here at Ormiston NEW Academy. This award recognises the hard work of staff, students and parents in building our diverse community, where all cultures are welcomed and celebrated, and all students can thrive. We look forward to sharing our knowledge and experience, supporting other local schools to work towards School of Sanctuary status.”

    The two schools have joined a growing group of educational institutions across the city that have achieved School of Sanctuary accreditation, further solidifying Wolverhampton’s reputation as a place of inclusion and sanctuary for all.

    Other Schools of Sanctuary include Bantock Primary, Dunstall Hill Primary, Goldthorn Park Primary, Graiseley Primary, Rakegate Primary, St Andrews CofE Primary, St Lukes CofE Primary, St Regis CofE Academy, Stowlawn Primary, St Mary’s Catholic Primary Academy, Villiers Primary, West Park Primary, Merridale Primary, Wodensfield Primary School, St Michael’s CE Primary School, SS Peter and Paul Catholic Primary School, St Teresa’s Catholic Primary Academy and Colton Hills Community School.

    Councillor Jacqui Coogan, the City of Wolverhampton Council’s Cabinet Member for Children, Young People and Education, said: “We are delighted that we now have 20 Schools of Sanctuary in Wolverhampton, which are all demonstrating the lengths they go to ensure they provide a safe and welcoming place for their children and families.”

    Schools can apply to become a School of Sanctuary by demonstrating to City of Sanctuary UK that they have implemented 3 key principles – learning and helping people understand what it means to be seeking sanctuary, embedding the concepts of safety, welcome and inclusive culture for everyone, and sharing their values and activities with their local communities.

    The Schools of Sanctuary programme is part of the City of Sanctuary UK movement, committed to building a culture of safety and welcome, especially for refugees seeking sanctuary from war and persecution. For more information, please visit Schools of Sanctuary. 
     

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: First Step assisted purchase housing scheme reopens16 June 2025 ​The Minister for Housing has re-opened a successful scheme to help Islanders buy their first home. First Step, which helps aspiring homeowners onto the property ladder, opened again on Monday 16 June.… Read more

    Source: Channel Islands – Jersey

    16 June 2025

    ​

    The Minister for Housing has re-opened a successful scheme to help Islanders buy their first home. 

    First Step, which helps aspiring homeowners onto the property ladder, opened again on Monday 16 June. 

    Since last year, more than 50 open-market homes have been purchased as a result of the £10 million of Government funding, which paid for loans of up to 40% towards the property purchase. This year, £2m has been added for a further tranche. 

    The loans have helped Islanders purchase properties of all sizes, ranging from one-bedroom flats to four-bedroom houses. First Step, which is delivered in partnership with Andium Homes, was launched by Deputy Sam Mézec in February last year. The Minister said that he was delighted to reopen the scheme for a fourth time. 

    “I have seen for myself how much the scheme has made a real difference to Islanders who would have otherwise been unable to own their first home,” he said. “It is a meaningful way of tackling Jersey’s housing crisis and giving Islanders hope that they can access homeownership affordably and securely with the help of Government. 

    “We have also seen how well the scheme has been received and understood by the housing market, and I am grateful for all the work of estate agents, law firms, and mortgage providers in working with Government and Andium Homes to make a real success of the scheme.” 

    The scheme will be open to applications from Monday 16 June for four weeks, closing on Sunday 13 July. 

    Applicants must: 

    • hold Entitled status 
    • not own any property in Jersey or overseas 
    • be registered on the Assisted Purchase Pathway 
    • be able to provide a 5 per cent deposit towards the purchase 
    • be able to access the maximum lending available to them from one of the scheme’s partnering mortgage lenders 
    • not be under offer on another assisted purchase scheme. 

    Islanders must be registered on the Assisted Purchase Pathway before applying for First Step. If someone is already registered on the Assisted Purchase Pathway, they do not need to re-register. Applications will be means-tested against the financial criteria which is outlined in the policy guidance. 

    Chris Kynicos, Sales, and Lettings Lead at Andium Homes, said: “In the first three tranches, we’ve helped numerous individuals, couples and families become homeowners for the first time. 

    “From their initial application through to the final purchase in court, the Andium Homes team have helped each applicant navigate their way through what can be a daunting task, and one that many may only do once in their lifetime. 

    “We’d encourage anyone looking for their first home to get in touch either in person at our offices on Don Street or call 500700 and our team will be happy to help.” 

    Islanders wishing to join the Assisted Purchase Pathway, or those wanting to update their details, can do so via the Andium website: First Step (andiumhomes.je)​.​

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Bringing up baby! It’s Baby Week in Manchester this week – all you need to know 

    Source: City of Manchester

    It’s all about babies this week (16 – 21 June) in Manchester as parents, carers and tiny tots are invited to join in with a whole host of baby and toddler friendly activities across the city, designed to educate and entertain parents, carers, and little ones alike. 

    The now annual six-day programme is filled from start to finish with free activities – all designed to support a child’s development from birth and before, to two years old.

    The week kicks off today (Monday 16 June) with a packed programme of free fun-filled activities taking place all day long in Central Library and Manchester Art Gallery.

    Musical mums, dads and babies are in for a treat with everything from Baby DJing sessions, Shake Rattle and Roll workshops, and Dance Like a Mother workouts with awesome tunes, to have-a-go sessions playing musical instruments and singing with the Hallé Musical Stars.

    Mini-me fitness and fun sessions for toddlers and their grown-ups will also run throughout the day with Afro-fit workshops offering African dance-inspired exercise, and lots of fun physical activity sessions from the National Football Museum.

    The day will also see plenty of opportunities for toddlers and parents to get messy together with creative play sessions throughout the day at the art gallery, as well as story time sessions at the library – based on every toddler’s favourite book, The Hungry Caterpillar.

    Baby Massage and gentle stretch and flex Baby Yoga classes are also programmed at intervals during the day – showing carers how to enjoy moments of calm and connection with their babies amongst all the activity and noise they may experience day to day.

    There will also be plenty of practical advice on offer for parents and carers – from preventing common accidents in the home and first aid taster sessions, to Tiny Talk Baby Signing sessions to help teach even the youngest babies to begin to communicate long before they’re able to speak, helping parents and their babies to understand each other from the earliest of days together.

    The rest of the week sees many of the same events and more taking place across the city, in cultural venues, leisure centres, libraries, local Family Hubs, children’s centres, and also in the city’s parks – which will host free family fun days for all on Saturday 21 June.

    With family splash and swim sessions, pool parties, sensory play, and groovy dance classes, as well as walk and talk rambles round local areas and healthy child drop-ins with Health Visitors, there are plenty of free activities of all kinds for families to get involved in during the week. 

    Manchester’s annual Baby Week takes place at an important time for Manchester as the city journeys towards being recognised by UNICEF as a Child Friendly City – the best possible place for a child to grow up in, a place where children’s rights are understood and the voices of children and young people matter.

    Councillor Julie Reid, Executive Member for Early Years, Children and Young People, Manchester City Council, said:  “As any parent or carer will tell you, parenting or caring for a baby or toddler can be both the most joyous and the most challenging of experiences – and sometimes even both these things in the space of a minute!

    “Having people around you to share these experiences with and help you navigate the hard things whilst enjoying all the great stuff is really important.  And that’s where Manchester Baby Week comes in.

    “We want to make sure that Manchester is the very best place it can be for all our babies and children to grow up in. The week provides a brilliant platform for parents, carers and babies to meet each other, learn from each other, and really enjoy themselves as they explore what’s available for tiny tots and their grown-ups in the city.”

    Manchester Baby Week runs from Monday 16 to Saturday 21 June.

    Find out more information on all the activities happening across the city for Baby Week 

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: Taiwan FDI Statistics Summary Analysis (May 2025)

    Source: Republic of China Taiwan

    According to the statistics, 819 foreign direct investment (FDI) projects with a total amount of US$5,482,475,000 were approved from January to May 2024. This indicates a decrease of 9.8% in the number of cases, but an increase of 76.64% in FDI amount compared to the same period of 2024.

    With regard to inward investment from Mainland China, 8 cases were approved with an amount of US$96,616,000 from January to May 2025. This indicates a decrease of 50% in the number of cases, but an increase of 515.9% in the FDI amount compared to the same period of 2024.

    In terms of Taiwan’s outbound investment (excluding Mainland China), 335 projects were registered from January to May 2025 with a total amount of US$15,222,183,000, indicating an increase of 10.93% in the number of cases, and an increase of 13.82% in the amount, as compared to the same period of 2024.

    As for Taiwan’s outward investment to Mainland China, 75 applications have been approved from January to May 2025, indicating a decrease of 40% compared to the same period of 2024. The approved investment amount is US$458,348,000, 63.93% less than the same period in 2024.

    MIL OSI Asia Pacific News –

  • MIL-OSI Australia: Woman arrested over Port Adelaide robbery

    Source: New South Wales – News

    A woman has been arrested following a robbery at Port Adelaide.

    Just before 3pm on Monday 16 June, a woman armed with a machete entered the service station on Grand Junction Road and demanded money from staff.

    The woman stole food items and left the store. Thankfully no one was physically injured.

    Police quickly responded and arrested a 31-year-old woman from Munno Para who was still in the area. The machete was safely recovered.

    Officers searched the woman and also found a taser in her bag.

    The woman was arrested and is expected to be charged with aggravated robbery and weapons offences later today.

    Anyone with information that may assist with investigation is asked to contact Crime Stoppers. You can anonymously provide information to Crime Stoppers online at https://crimestopperssa.com.au or free call 1800 333 000

    MIL OSI News –

  • MIL-OSI Europe: Telegram of the Holy Father, signed by the Cardinal Secretary of State, on the occasion of the celebrations for the Day of Life of the Episcopal Conferences of England and Wales, Scotland and Ireland

    Source: The Holy See

    Telegram of the Holy Father, signed by the Cardinal Secretary of State, on the occasion of the celebrations for the Day of Life of the Episcopal Conferences of England and Wales, Scotland and Ireland, 15.06.2025

    The following is the telegram sent by Cardinal Secretary of State Pietro Parolin, on behalf of the Holy Father Leo XIV, to His Excellency Archbishop John Sherrington of Liverpool, on the occasion of the celebrations for the Day for Life of the Episcopal Conferences of England and Wales, Scotland and Ireland:

    Telegram
    THE MOST REVEREND JOHN SHERRINGTONARCHBISHOP OF LIVERPOOL
    HIS HOLINESS POPE LEO XIV SENDS THE ASSURANCE OF HIS SPIRITUAL CLOSENESS TO THOSE PARTICIPATING IN THE 2025 “DAY FOR LIFE” BEING CELEBRATED JOINTLY BY THE BISHOPS’ CONFERENCES OF ENGLAND AND WALES, SCOTLAND, AND IRELAND. IN THIS JUBILEE YEAR FOCUSSED ON THE THEOLOGICAL VIRTUE OF HOPE, IT IS FITTING THAT YOUR THEME, “HOPE DOES NOT DISAPPOINT – FINDING MEANING IN SUFFERING”, SEEKS TO DRAW PEOPLE’S ATTENTION TO HOW THE MYSTERY OF SUFFERING, SO PREVALENT IN THE HUMAN CONDITION, CAN BE TRANSFORMED BY GRACE INTO AN EXPERIENCE OF THE LORD’S PRESENCE, FOR GOD IS ALWAYS CLOSE TO THOSE WHO ARE SUFFERING AND GUIDES US TO APPRECIATE THE DEEPER MEANING OF LIFE, IN LOVE AND CLOSENESS (CF. MESSAGE OF HIS HOLINESS POPE FRANCIS, XXXIII WORLD DAY OF THE SICK). HIS HOLINESS PRAYS THAT, THROUGH YOUR COMMON WITNESS TO THE GOD-GIVEN DIGNITY OF EVERY PERSON, WITHOUT EXCEPTION, AND TO THE TENDER CHRIST-LIKE ACCOMPANIMENT OF THE SERIOUSLY ILL, ALL IN SOCIETY WILL BE ENCOURAGED TO DEFEND RATHER THAN UNDERMINE A CIVILIZATION FOUNDED ON AUTHENTIC LOVE AND GENUINE COMPASSION. THE HOLY FATHER ENTRUSTS YOUR EFFORTS TO THE INTERCESSION OF OUR LADY OF GOOD COUNSEL, AND TO ALL SUPPORTING THIS “DAY FOR LIFE”, HE CORDIALLY IMPARTS HIS APOSTOLIC BLESSING AS A PLEDGE OF FORTITUDE, JOY AND PEACE IN THE RISEN LORD.
    CARDINAL PIETRO PAROLINSECRETARY OF STATE

    MIL OSI Europe News –

  • MIL-OSI Russia: Focus on Youth: Key Decisions of the Expert Council on Science and Education at the IPA CIS

    Translation. Region: Russian Federal

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

    A meeting of the Expert Council on Science and Education under the Interparliamentary Assembly of the CIS countries was held in the Tauride Palace under the leadership of Academician of the Russian Academy of Sciences, Rector of the Peter the Great St. Petersburg Polytechnic University Andrey Rudskoy.

    Opening the meeting, Secretary General of the IPA CIS Council Dmitry Kobitsky noted that the busy agenda shows the importance of the council’s work and the participants’ great contribution to the development of science and education in the CIS. The experts discussed the draft recommendations on the regulatory framework for academic mobility, and also reviewed the draft concept of recommendations on the professional orientation of children and youth.

    “Our youth are our value and pride,” Andrey Rudskoy emphasized. “That is why it is so important to devote maximum time to working with them.”

    The document pays special attention to supporting schoolchildren and students through the introduction of modern career guidance systems, including online platforms such as the Russian “Ticket to the Future” system and the Kazakhstani EduNavigator service. Practical methods that will help young people better navigate their career choices were also discussed.

    “Today, an important aspect is the development of cooperation between the CIS countries,” commented Dmitry Mokhorov, Director of the Higher School of Law and Forensic Science, expert of the EC at the IPA CIS. “And this cooperation is at all levels. Issues of academic mobility, career guidance activities, best educational practices are the areas where our consolidated experience is invaluable.”

    By unifying approaches, states will be able to exchange successful practices. These include the Belarusian digital service “Step into the Profession”, Azerbaijani classes with a professional focus, Russian “Profile Techno Teams”, and a Kyrgyz program with Beeline. The meeting discussed the development of cooperation in the field of fundamental science, proposals for the long-term plan of model lawmaking for 2026-2028, aspects of regulatory regulation of tutoring activities, and pressing issues of combating bullying against children in the educational process.

    The participants heard information about the preparation for the international conference “Russian Language – the Basis of Integration Dialogue in the CIS Region”, and the responsible secretary of the Expert Council, head of the department for ensuring model lawmaking of the expert and analytical department of the Secretariat of the IPA CIS Council Tatyana Baranova announced the international scientific and educational congress “Intellectual Code of the Commonwealth”. It will be held this fall in St. Petersburg. The congress will become an open discussion platform for discussing and disseminating best practices in science and education to improve the competitiveness of the CIS economies.

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

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Int’l volleyball event gets ‘M’ Mark

    Source: Hong Kong Information Services

    The Major Sports Events Committee today announced that it has awarded “M” Mark status to the Volleyball Nations League (VNL) Hong Kong 2025 presented by China Life (Overseas) to be held from Wednesday to Sunday.

    Major Sports Events Committee Chairman Wilfred Ng said the competition has moved to Kai Tak Arena and will be the first international volleyball event held at Kai Tak Sports Park.

    “The VNL Hong Kong features elite teams from around the world. It not only promotes the development of volleyball in Hong Kong but also attracts overseas visitors to come to Hong Kong and stimulates the development of the hospitality, retail, and catering sectors, thereby further solidifying Hong Kong’s status as a centre for major international sports events.”

    MIL OSI Asia Pacific News –

  • MIL-OSI: Share buyback programme – week 24

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen
    Euronext Dublin
    London Stock Exchange
    Danish Financial Supervisory Authority
    Other stakeholders

    Date        16 June 2025

    Share buyback programme – week 24

    The share buyback programme runs in the period 2 June 2025 up to and including 30 January 2026, see company announcement of 2 June 2025.

    During the period the bank will thus buy back its own shares for a total of up to DKK 1,000 million under the programme, but to a maximum of 1,600,000 shares.

    The programme is implemented in compliance with EU Commission Regulation No. 596/2014 of 16 April 2014 and EU Commission Delegated Regulation No. 2016/1052 of 8 March 2016, which together constitute the “Safe Harbour” regulation.

    The following transactions have been made under the programme:

    Date Number of shares Average purchase price (DKK) Total purchased under the programme (DKK)
    Total in accordance with the last announcement 22,600 1,354.03 30,601,152
    9 June 2025 0 0 0
    10 June 2025 5,800 1,357.09 7,871,122
    11 June 2025 6,000 1,355.47 8,132,820
    12 June 2025 6,000 1,354.64 8,127,840
    13 June 2025 6,000 1,345.68 8,074,080
    Total under the share buyback programme 46,400 1,353.60 62,807,014
           
    Bought back under share buyback programme executed in the period 28 January 2025 – 28 May 2025 414,200 1,207.12 499,988,706
    Total bought back 460,600 1,221.88 562,795,720

    With the transactions stated above, Ringkjøbing Landbobank now owns the following numbers of own shares, excluding the bank’s trading portfolio and investments made on behalf of customers:

    • 460,600 shares under the above share buyback programmes corresponding to 1.81 % of the bank’s share capital.

    In accordance with the above regulation etc., the transactions related to the share buyback programme on the stated reporting days are attached to this corporate announcement in detailed form.

    Kind regards

    Ringkjøbing Landbobank

    John Fisker
    CEO
    Detailed summary of the transactions on the above reporting days

    Volume Price Venue Date/time – CET  
    8 1376 XCSE 20250610 9:01:36.272000
    8 1375 XCSE 20250610 9:02:05.064000
    17 1375 XCSE 20250610 9:02:05.064000
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    17 1369 XCSE 20250610 9:05:54.965000
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    17 1369 XCSE 20250610 9:35:11.272000
    8 1368 XCSE 20250610 9:36:41.529000
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    The MIL Network –

  • Nvidia’s pitch for sovereign AI resonates with EU leaders

    Source: Government of India

    Source: Government of India (4)

    Nvidia NVDA.O CEO Jensen Huang has been pitching the idea of “sovereign AI” since 2023. Europe is now starting to listen and act.

    The concept is based on the idea that the language, knowledge, history and culture of each region are different, and every nation needs to develop and own its AI.

    Last week, the CEO of the artificial-intelligence chipmaker toured Europe’s major capitals – London, Paris and Berlin – announcing a slew of projects and partnerships, while highlighting the lack of AI infrastructure in the region.

    In a place where leaders are increasingly wary of the continent’s dependency on a handful of U.S. tech companies and after drawing ire from the U.S. President Donald Trump, his vision has started to gain traction.

    “We are going to invest billions in here … but Europe needs to move into AI quickly,” Huang said on Wednesday in Paris.

    On Monday of last week, British Prime Minister Keir Starmer announced 1 billion pounds ($1.35 billion) in funding to scale up computing power in a global race “to be an AI maker and not an AI taker.”

    French President Emmanuel Macron called building AI infrastructure “our fight for sovereignty” at VivaTech, one of the largest global tech conferences.

    After Nvidia laid out plans to build an AI cloud platform in Germany with Deutsche Telekom DTEGn.DE, German Chancellor Friedrich Merz called it an “important step” for the digital sovereignty and economic future of Europe’s top economy.

    Europe lags behind both the U.S. and China as its cloud infrastructure is mostly run by Microsoft MSFT.O, Amazon AMZN.O and Alphabet’s GOOGL.O Google, and it has only a few smaller AI companies such as Mistral to rival the U.S. ones.

    “There’s no reason why Europe shouldn’t have tech champions,” said 31-year-old Mistral CEO Arthur Mensch, sitting beside Huang, who has led Nvidia for more than three decades, at a panel at VivaTech.

    “This is a gigantic dream.”

    GIGAFACTORY PLANS UNLEASHED

    In France, Mistral has partnered with Nvidia to build a data centre to power the AI needs of European companies with a homegrown alternative.

    It will use 18,000 of the latest Nvidia AI chips in the first phase, with plans to expand across multiple sites in 2026.

    In February, the European Union announced plans to build four “AI gigafactories” at a cost of $20 billion to lower dependence on U.S. firms.

    The European Commission has been in touch with Huang and he had told the EU executive that he was going to allocate some chip production to Europe for these factories, an EU official told Reuters.

    Nvidia’s chips known as Graphics Processing Units or GPUs are crucial for building AI data centres from the U.S. to Japan and India to the Middle East.

    In Europe, a push for sovereign AI could reshape the tech landscape with domestic cloud providers, AI startups, and chipmakers standing to gain from new government funding and a shift toward in-region data infrastructure.

    Nvidia also wants to cement demand for its AI chips, ensuring that even as countries seek independence, they still rely on its technology to get there.

    POWER COSTS

    The push is not without challenges.

    High electricity costs and rising demand could strain sourcing of electricity for data centres. Data centres account for 3% of EU electricity demand, but their consumption is expected to increase rapidly this decade due to AI.

    Mistral, which has raised just over $1 billion, is trying to become a European homegrown champion with a fraction of the money U.S. hyperscalers or large data-centre operators spend in a month.

    “Hyperscalers are spending $10 billion to $15 billion per quarter in their infrastructure. Who in Europe can afford that exactly?” said Pascal Brier, chief innovation officer at Capgemini CAPP.PA, a partner of both Nvidia and Mistral.

    “It doesn’t mean we shouldn’t do anything, but we have to be cognizant about the fact that there will always be a gap.”

    Mistral has launched several AI models which are used by businesses but companies tend to mix them with models from other companies such as OpenAI, Anthropic and Meta Platforms META.O.

    “Most of the time it’s not Mistral or the rest, it’s Mistral and the rest,” Brier said.

    (Reuters)

  • World Test Championship format needs revamping despite riveting final

    Source: Government of India

    Source: Government of India (4)

    A riveting World Test Championship final between Australia and South Africa went a long way to boost the sagging credentials of the five-day game, but the format of the competition is in need of a revamp, according to many of the game’s top observers.

    South Africa beat Australia by five wickets at lunch on the fourth day of a fluctuating contest at Lord’s in which the bowlers dominated the opening two days. A total of 24 wickets were taken, but the tables were turned as wickets turned benign and the batsmen changed the course of the match.

    It was classic test cricket, as good as the excitement from any limited overs contest, but the overall WTC is a bewildering competition, devoid of uniformity and an unbalanced points system.

    There was much criticism of how South Africa managed to reach the final without playing either Australia and England in the two-year qualifying period.

    “It’s very hard for the average cricket fan to understand who’s the best team in the world and how exactly the top two teams make it to the final,” said former England captain Michael Vaughan, now a television pundit.

    The two finalists are decided by a table of test results, with points awarded for wins and draws. The pair with the highest percentage of points available to them advance to the final, which in 2027 could again be at Lord’s or in India, according to International Cricket Council officials.

    But there was a major discrepancy in South Africa playing only 12 tests compared to 19 for Australia and India, and even more by England (22).

    “I can’t remember if I’ve ever even given any real time to be specifically thinking about the World Test Championship to be honest because it’s utterly confusing,” added England captain Ben Stokes.

    Countries are free to decide how many tests they want to play, and in South Africa’s case, there is much less of an appetite for test cricket because they lose money.

    In the next cycle, which starts on Tuesday when Bangladesh begin a two-test series in Sri Lanka, the new champions will play 14 tests, this time including three test series against each of Australia and England but only two against India.

    Five test series are now only the preserve of contests between Australia, England, and India.
    “The fixture list is uneven; not everyone plays everyone else, and some have an easier ride than others,” wrote Michael Atherton last week.

    “Everyone knows the WTC in its present guise is flawed, and that solutions, with so many competing interests, are fiendishly difficult,” added the former England skipper.

    (Reuters)

  • MIL-OSI Banking: Inflation decreased to 1.9 percent in May 2025

    Source: Bank of Botswana

    Headline inflation decreased from 2.3 percent in April to 1.9 percent in May 2025, remaining below the lower bound of the medium-term objective range of 3 – 6 percent, and was lower than the 3 percent recorded in May 2024. The decrease in inflation between April and May 2025 was mainly on account of the reduction in water tariffs (30 percent for 0 – 5 kilolitres and 15 percent for >5 – 10 kilolitres) effected in April 2025, which reduced headline inflation by 0.23 percentage points. Furthermore, inflation decreased on account of the deceleration in the rate of annual price changes of some categories of goods and services, notably Alcoholic Beverages & Tobacco and Transport. Similarly, the 16 percent trimmed mean inflation and inflation excluding administered prices decreased from 2.3 percent and 4.1 percent to 1.8 percent and 3.7 percent respectively, between April and May 2025.

    Inflation for domestic tradeables decreased from 4.9 percent to 4.5 percent between April and May 2025, mainly on account of a decrease in some food prices. Similarly, inflation for imported tradeables decreased from 1.2 percent to 0.8 percent over the same period, mainly on account of the decrease in the price of fruits and vegetables, including oranges, pineapples, fresh cucumber and fresh green pepper. Consequently, all tradeables inflation fell from 2.2 percent to 1.8 percent between April and May 2025. Inflation for non-tradeables also decreased from 2.5 percent to 2 percent in the same period, mainly on account of the reduction in water tariffs.

    MIL OSI Global Banks –

  • MIL-OSI Banking: Samsung Launches Onyx Cinema LED Screen for European Market at CineEurope 2025

    Source: Samsung

     
    Samsung Electronics today announced the European launch of its latest Onyx (ICD model) cinema LED screen at CineEurope 2025. Building on its debut at CinemaCon 2025 in the U.S. this past April, the new Onyx brings Samsung’s acclaimed legacy of visual excellence and industry-leading performance to European cinemas, empowering exhibitors and creative partners with new possibilities for HDR content and immersive storytelling.
     
    “Europe is a vital market for cinema innovation, and the launch of Onyx marks a new chapter in our commitment to premium movie experiences,” said Hoon Chung, Executive Vice President of the Visual Display (VD) Business at Samsung Electronics. “By partnering with leading cinema chains like Pathé Cinémas and creative pioneers like Pixar, we are empowering the industry to deliver a truly immersive and visually stunning cinematic journey for audiences everywhere.”
     
     
    Delivering a Proven Solution With Visuals, Scalability and Reliability

     
    Samsung Onyx, the world’s first DCI-certified1 cinema LED display, is engineered for premium cinema experiences and supports frame rates of up to 120Hz2 at 4K resolution, for an ultra-smooth picture. The screen delivers brilliant HDR visuals with peak brightness levels of 300 nits (87.6fL),3 true black levels and precise color accuracy.
     
    The new Onyx offers four standard screen sizes — 5, 10, 14 and 20 meters — along with additional flexible scaling options.4 This remarkable adaptability allows theaters to maximize their available spaces and present films in the largest possible format without compromising image quality.
     
    Designed for long-term performance, Onyx sets a new standard in cinema display technology with the industry’s first and longest 10-year warranty for cinema LED screens.5 This extended warranty helps lower the total cost of ownership and ensures that theater owners make a future-proof investment.
     
     
    Deepening HDR Workflow With Pixar Animation Studios

     
    Samsung’s longstanding relationship with Pixar Animation Studios continues to drive new standards for HDR cinema content. Pixar has continuously mastered its films to offer unparalleled visual quality to viewers and has done so again for its new animated film “Elio” — set to premiere globally starting from June 18 — making it available in 4K theatrical HDR format compatible with Samsung Onyx.
     
    In line with ongoing efforts to expand the theatrical exhibition of HDR films, Pixar will continue mastering future films in DCI HDR that is supported on Onyx screens, ensuring audiences experience the films in the highest brightness and fidelity currently achievable.
     

     
    In its pursuit of excellence in HDR-mastered films, Pixar aims to install the new Onyx display at its Emeryville, California campus. This screen will be used during production to evaluate HDR color and brightness, conduct content quality tests and host demonstration screenings for filmmakers. By providing a dedicated space for these activities, the Onyx screen will further support creative collaboration and innovation in HDR filmmaking — ensuring that audiences can enjoy the full impact of Pixar’s high-quality HDR films showcased in theaters equipped with Onyx technology.
     
    “Samsung’s Onyx screens allow our Pixar artists to present their stories exactly as they envisioned them — vivid, dynamic and true to life,” said Jessie Schroeder, VP Post Production, Pixar Animation Studios. “By mastering our films in HDR with Onyx, we continue to unlock a new level of visual storytelling for filmmakers and deliver the next generation of cinematic experiences for our audiences.”
     
    CineEurope attendees are invited to experience the new Onyx in person at Samsung’s booth, where the company will highlight its latest innovations in cinema display technology. Taking place June 16–19 in Barcelona, CineEurope is the premier convention for the European cinema industry, uniting theater operators, film studios and industry leaders from across the region and beyond.
     
    For more details, visit samsung.com.

     
     
    1 Digital Cinema Initiatives (DCI) is a consortium of major studios formed to establish specifications for an open architecture for digital cinema systems.
    2 Based on the screen’s internal data bandwidth. Actual frame rates may vary depending on the connected IMB.
    3 Peak brightness supported when using DCI-HDR supported IMB.
    4 All measurements in meters and feet refer to screen width, while all measurements in inches denote diagonal length. The 10-meter Onyx screen is now available for order, with other models arriving in a phased rollout.
    5 Based on internal research and publicly available information. Onyx includes a standard three-year warranty, with options to extend coverage to up to 10 years.

    MIL OSI Global Banks –

  • MIL-OSI United Nations: 16 June 2025 Departmental update WHO launches Global Research Agenda on Knowledge Translation and Evidence-informed Policy-making

    Source: World Health Organisation

    On 15 May 2025, the World Health Organization (WHO) launched the Global Research Agenda on Knowledge Translation and Evidence-informed Policy-making. The virtual event brought together over 800 participants from 100 countries, highlighting global commitment to strengthening the use of evidence in health policy and systems decision-making.

    The webinar included expert contributions on strategies for operationalizing the agenda across diverse contexts:

    • The webinar featured a keynote address by Jeremy Farrar, Chief Scientist at WHO, who emphasized the importance of embedding research into policymaking processes. Farrar stated, “I can only see [Knowledge Translation] as becoming more central and more critical to WHO’s function, not just in the role as Chief Scientist, but because this is something I have so passionately believed in and supporting of the team that have driven this forward, and I will continue that.”
    • The event also included a panel discussion with distinguished speakers who shared their insights on implementing the Global Research Agenda. Tikki Pang, Visiting Professor at the National University of Singapore, highlighted the role of Asian philanthropy in supporting research initiatives. Pang noted, “I think the funding stream that’s looking promising […] is the potential role of Asian philanthropies, […] especially through an organization called the APC, the Asian Philanthropy Circle. And what they try to do is to link researchers with potential funders amongst Asia’s leading philanthropies.”
    • Angela Bednarek, Director of Scientific Advancement at the Pew Charitable Trust, underscored the significance of investing sustainably in research that informs policy and practice. Bednarek remarked, “I’m hopeful that with a really comprehensive and accessible agenda like this one we’ll see even more funders recognize these as valuable areas of investment […]. For those seeking funding, I encourage embracing unusual partnerships. These questions transcend geography and issue areas.”
    • Walid Ammar, Director at the Université St Joseph in Lebanon and former Director General of the Lebanese Ministry of Public Health, discussed the need for active engagement of stakeholders in adapting the Global Research Agenda to regional contexts. Ammar stated, “A critical first step in adapting the Global Research Agenda to regional and national context would be the active engagement of research institutions, government bodies and other relevant stakeholders in the adaptation process.”
    • Rose Oronje, Director of Public Policy and Knowledge Translation at the African Institute for Development Policy, stressed the importance of involving groups already engaged in knowledge translation. Oronje stated, “An important part is bringing on board groups that are already very much involved in knowledge translation, […] groups that would steer the contextualization of this global agenda to the region.”
    • Donald Simeon, Director of the Caribbean Centre for Health Systems Research and Development, emphasized the importance of widespread acceptance and buy-in from regional stakeholders. Simeon commented, “The first step must be to ensure that there is widespread acceptance of the agenda among national and regional stakeholders, that is, they must be convinced of the value of the agenda before there is really true buy-in.”
    • Kathryn Oliver, Professor of Evidence and Policy at the London School of Hygiene and Tropical Medicine, highlighted the need to share existing knowledge and lessons learned. Oliver remarked, “Although we have identified a number of evidence gaps through this research, we know a huge amount already, and one of the key lessons for researchers in this field is, we need to learn better how to share the lessons that we have already generated.”

    During the event, the Special Programme for Research and Training in Tropical Diseases (TDR) announced a call for research proposals aligned with the Global Research Agenda.

    The call targets researchers from low- and middle-income countries working in public health institutions under ministries of health, universities, research institutes or nongovernmental organizations. Applications are open via the eTDR platform until 3 July 2025. Selected projects will receive phased funding beginning in 2025, with completion expected by January 2027.

    WHO encourages all stakeholders to align national and regional research agendas with the Global Research Agenda and to foster collaboration across sectors. This alignment aims to enhance the efficiency and relevance of health research and reduce duplication and research waste.

    Further information, including the webinar recording and related resources, is available on the Global Research Agenda website.

    MIL OSI United Nations News –

  • MIL-OSI: 21Shares Expands Nasdaq Stockholm Offering with Five New Crypto ETP Listings

    Source: GlobeNewswire (MIL-OSI)

    New listings reflect growing demand for regulated crypto investment products in the Nordic region

    Zurich, 16 June 2025 – 21Shares AG, one of the world’s largest issuers of cryptocurrency exchange-traded products (ETPs), today announced the crosslisting of five additional products on Nasdaq Stockholm, further solidifying its presence in the Nordic region and reinforcing its commitment to providing investors with regulated, transparent, and simple access to digital assets.

    The newly listed products include:

    • 21Shares Uniswap ETP (Ticker: AUNI)
    • 21Shares Avalanche ETP (Ticker: AVAX)
    • 21Shares Bitcoin Gold ETP (Ticker: BOLD)
    • 21Shares Solana Core Staking ETP (Ticker: CSOL)
    • 21Shares Ethereum Core ETP (Ticker: ETHC)

    These products join an existing suite of 21Shares products already available on Nasdaq Stockholm: the 21Shares Bitcoin ETP (ABTC), 21Shares Ethereum ETP (AETH), 21Shares Solana ETP (ASOL), 21Shares XRP ETP (AXRP), and 21Shares Bitcoin Core ETP (CBTC).

    “Our continued expansion in the Nordic region reflects the increasing demand from both retail and institutional investors for diversified and cost-effective crypto exposure,” said Mandy Chiu, Head of Financial Product Development at 21Shares. “By offering a broader selection of single-asset and thematic crypto ETPs, we’re empowering investors to build more customised and resilient portfolios through a familiar exchange environment.”

    “We are pleased to welcome the expansion of 21Shares’ product suite on Nasdaq Stockholm. These newly listed ETPs reflect the kind of innovation that is shaping the future of financial markets. As the ETP market continues to grow, we remain committed to modernising access to investment opportunities and supporting greater transparency,” said Helena Wedin, Head of ETF & ETP, Nasdaq European Markets.

    With this expansion, 21Shares now offers 10 ETPs on Nasdaq Stockholm, spanning large-cap cryptocurrencies, innovative index strategies, and staking-enabled products. All products are fully collateralised and traded in a regulated, liquid format, providing an easy gateway to digital assets without the need to manage wallets or custody directly. With annual fees ranging from 0.21% to 2.50%, these products are some of the most cost-efficient in the market.

    With listings across Europe that include Euronext Paris, Euronext Amsterdam, London Stock Exchange, and SIX Swiss Exchange, 21Shares is the largest and most diversified crypto ETP provider in the region.

    For more information on 21Shares’ full product suite, visit www.21shares.com.

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network –

  • MIL-OSI: 21Shares Expands Nasdaq Stockholm Offering with Five New Crypto ETP Listings

    Source: GlobeNewswire (MIL-OSI)

    New listings reflect growing demand for regulated crypto investment products in the Nordic region

    Zurich, 16 June 2025 – 21Shares AG, one of the world’s largest issuers of cryptocurrency exchange-traded products (ETPs), today announced the crosslisting of five additional products on Nasdaq Stockholm, further solidifying its presence in the Nordic region and reinforcing its commitment to providing investors with regulated, transparent, and simple access to digital assets.

    The newly listed products include:

    • 21Shares Uniswap ETP (Ticker: AUNI)
    • 21Shares Avalanche ETP (Ticker: AVAX)
    • 21Shares Bitcoin Gold ETP (Ticker: BOLD)
    • 21Shares Solana Core Staking ETP (Ticker: CSOL)
    • 21Shares Ethereum Core ETP (Ticker: ETHC)

    These products join an existing suite of 21Shares products already available on Nasdaq Stockholm: the 21Shares Bitcoin ETP (ABTC), 21Shares Ethereum ETP (AETH), 21Shares Solana ETP (ASOL), 21Shares XRP ETP (AXRP), and 21Shares Bitcoin Core ETP (CBTC).

    “Our continued expansion in the Nordic region reflects the increasing demand from both retail and institutional investors for diversified and cost-effective crypto exposure,” said Mandy Chiu, Head of Financial Product Development at 21Shares. “By offering a broader selection of single-asset and thematic crypto ETPs, we’re empowering investors to build more customised and resilient portfolios through a familiar exchange environment.”

    “We are pleased to welcome the expansion of 21Shares’ product suite on Nasdaq Stockholm. These newly listed ETPs reflect the kind of innovation that is shaping the future of financial markets. As the ETP market continues to grow, we remain committed to modernising access to investment opportunities and supporting greater transparency,” said Helena Wedin, Head of ETF & ETP, Nasdaq European Markets.

    With this expansion, 21Shares now offers 10 ETPs on Nasdaq Stockholm, spanning large-cap cryptocurrencies, innovative index strategies, and staking-enabled products. All products are fully collateralised and traded in a regulated, liquid format, providing an easy gateway to digital assets without the need to manage wallets or custody directly. With annual fees ranging from 0.21% to 2.50%, these products are some of the most cost-efficient in the market.

    With listings across Europe that include Euronext Paris, Euronext Amsterdam, London Stock Exchange, and SIX Swiss Exchange, 21Shares is the largest and most diversified crypto ETP provider in the region.

    For more information on 21Shares’ full product suite, visit www.21shares.com.

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network –

  • MIL-OSI Economics: Panasonic Connect Announces Personnel Changes of Leadership Team Members

    Source: Panasonic

    Headline: Panasonic Connect Announces Personnel Changes of Leadership Team Members

    The content in this website is accurate at the time of publication but may be subject to change without notice.Please note therefore that these documents may not always contain the most up-to-date information.Please note that German, French and Chinese versions are machine translations, so the quality and accuracy may vary.

    MIL OSI Economics –

  • MIL-Evening Report: Issa Amro: Youth Against Settlements – ‘life is very hard, the Israeli soldiers act like militia’

    RNZ News

    Palestinian advocate Issa Amro has been nominated for the Nobel Peace Prize this year for his decades of work advocating for peaceful resistance against Israel’s illegal settlements in the occupied West Bank.

    The settlements are illegal under international law — and a record 45 were established last year under cover of the war on Gaza,

    Advocacy against the settlements has seen Amro become a target.

    He is based in the occupied West Bank, in Hebron — a city of about 250,000 mostly Palestinian people. He founded Youth Against Settlements.

    He paints a picture about what daily life is like.

    “Our life in West Bank was very hard and difficult before October 7 [2023 – the date of the Hamas resistance movement attack on southern Israel]. And after October 7, life became much harder. . . .

    ‘Daily harassment, violence’
    “So there are hard conditions. No jobs. No work. No movement in the West Bank. Schools are affected . . . There is daily harassment and violence — they attack the Palestinian villages, they attack the Palestinian cities, they attack the Palestinian roads.

    “In my city Hebron, it has got much, much harder. People are not able to leave their homes because of the closure of the checkpoints. The [Israeli] soldiers are very mean and adversarial . . .

    “The soldiers close the checkpoints whenever they want. In fact, the soldiers act like militia, not like a regular army.

    “My house was attacked in the last 20 months . . . ”

    • At least 55,104 people, including at least 17,400 children, have been killed in Israel’s war on Gaza. At least 943 Palestinians, more than 200 of them minors, have been killed in the occupied West Bank.

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Africa: United Nations Support Mission in Libya (UNSMIL) launches country-wide youth consultations on the political process and starts by meeting youth in four cities


    Download logo

    Youth represent 38 per cent of the population (NESDB statistics) in Libya and their voices must be included in the political process. To support this, in addition to its regular meetings with youth (aged 18-35), the United Nations Support Mission in Libya is launching a wider programme with the aim to engage 500 young men and women across Libya in the coming months. 

    As part of its broader efforts to engage the community on the Advisory Committee’s recommendations on how to take Libya to elections and unify institutions, UNSMIL is conducting dedicated meetings with youth representatives, both online and in-person. More information about how young men and women can get involved can be found here.

    In addition, UNSMIL has also launched an online poll to ensure that a wider audience can be reached. 

    “As we develop the next steps of the political process, we want to hear everyone’s views,” said Special Representative of the Secretary General for Libya, Hanna Tetteh. “Youth are a driving force that can help shape the future of this country. They have specific needs and concerns, and they bring different perspectives that can inform decision-making. We want to hear directly from them because a process that is meant for the Libyan people needs the meaningful participation of all Libyan people.” 

    UNSMIL has already met with youth in Zintan, Misrata, Benghazi and Nalut to discuss the Advisory Committee recommendations. Participants called for better access to economic and employment opportunities, unified government institutions, more representation and inclusion in decision-making processes, access to services, fair and equitable resource distribution. They also shared their ideas around decentralisation and political inclusion. 

    Through these consultations and online polling, the Mission will capture youth recommendations and ideas and ensure they are fed into the decision-making process on next steps. 

    UNSMIL published the Executive Summary of the Advisory Committee’s Report in May, including its four proposed options to move the political process forward. The public consultation and survey ask people to put forward their recommendations and ideas and decided which of these options they would prefer: 

    1. Conducting presidential and legislative elections simultaneously; 

    2. Conducting parliamentary elections first, followed by the adoption of a permanent constitution; 

    3. Adopting a permanent constitution before elections; or 

    4. Establishing a political dialogue committee, based on the Libyan Political Agreement to finalize electoral laws, executive authority and permanent constitution.  

    More information on the youth consultations and how to get involved can be found here.

    Distributed by APO Group on behalf of United Nations Support Mission in Libya (UNSMIL).

    MIL OSI Africa –

  • MIL-OSI Africa: Africa: Insufficient Domestic Funding Hinders Education Progress


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    Most African governments have consistently failed to meet global and regional education funding targets to ensure quality public education, Human Rights Watch said today on the African Union’s Day of the African Child.

    The 2025 theme for the day is “planning and budgeting for children’s rights: progress since 2010.” However, based on national data reported to the United Nations Educational, Scientific and Cultural Organization (UNESCO), only one-third of African countries met globally endorsed education funding benchmarks for annual average spending over the decade 2013 to 2023. The figure declined to just one quarter of countries by 2022 and 2023. Fourteen African countries did not meet any of the benchmarks a single year over the past decade. 

    “African heads of state and governments and the African Union have all made bold commitments for national investment in education,” said Mausi Segun, Africa director at Human Rights Watch. “But governments are not translating those commitments into sustained funding, and many have actually reduced spending levels in recent years.”

    Insufficient public spending on education undermines African governments’ legal obligations to guarantee free and compulsory quality primary education and make secondary education available, accessible, and free for every child. It also undermines their political commitments to AU and international development goals and benchmarks. Under the UN Sustainable Development Goals, in addition to providing at least one year of pre-primary education, African governments are required to ensure that all children complete free secondary education by 2030.

    In 2015, UNESCO member states, including all 54 African states, agreed to increase education spending to at least 4 to 6 percent of gross domestic product (GDP) and/or at least 15 to 20 percent of total public expenditure. These internationally agreed funding benchmarks for education have been included in at least five global or AU-led declarations or action plans, including the 2015 Incheon Declaration, endorsed by all UNESCO member states; the Heads of State (“Kenyatta”) Declaration on Education Financing, endorsed by 17 African heads of state and governments and ministers; the 2021 Paris Declaration and “Global Call for Investing in the Futures of Education”; and the 2024 Fortaleza Declaration. In December 2024, the AU and African heads of state and governments expanded the upper end of the GDP benchmark from six to seven percent through the Nouakchott Declaration.

    UNESCO member states have made additional commitments to invest at least 10 percent of education expenditures to guarantee at least one year of free and compulsory pre-primary education by 2030. In 2024, African countries agreed to ensure that an increased share of public funding is allocated to early childhood education.

    Despite these obligations and global commitments, governments have failed to remove tuition and other school fees, particularly at the pre-primary and secondary level, leading to unequal access, retention, and poor quality in schools, with disproportionate impact on children from the poorest households. Families across Africa continue to shoulder an enormous burden in funding education, absorbing 27 percent of total education spending, according to World Bank 2021 data.

    Africa has the highest out-of-school rates in the world, with over 100 million children and adolescents estimated to be out of school across all sub-regions except North Africa. Out-of-school rates have increased since 2015 for reasons including population increases, persistent gender gaps, the cumulative effects of Covid-19 school closures, climate emergencies, and conflicts.

    Many children also drop out due to school-related gender-based violence, as well as discriminatory and exclusionary measures against pregnant and parenting girls, refugees, and children with disabilities, among other negative practices.

    Only 14 countries guarantee free access to education, from at least one year of pre-primary through secondary education, based on available UNESCO data and Human Rights Watch research. Only 21 guarantee free access to 12 years of primary and secondary education, while 6 legally guarantee access to at least one year of free pre-primary education.

    Human Rights Watch found that Morocco, excluding Western Sahara territory that it occupies, Namibia, and Sierra Leone are the only three African countries that both legally guarantee universally free access to primary and secondary education and at least one year of free pre-primary, and that have met both international education funding benchmarks in the last decade.

    Many African countries continue to underinvest in public education to manage climate-related emergencies and conflict-related crises, but this is also due to political decisions and economic policies. Numerous African governments are applying regressive austerity measures to service debt interests and repayments. Fifteen are spending more on debt servicing than on education, leading to drastic cuts to teachers’ incomes, shortages of learning materials, and overcrowded classrooms. Creditor governments and institutions should consider debt restructuring or relief to ensure that debtor governments can adequately protect rights, including the right to education.

    In a positive development, Sierra Leone currently co-leads an initiative at the UN Human Rights Council to develop a new optional protocol to the Convention on the Rights of the Child, with the aim of recognizing that every child has a right to early childhood care and education and guaranteeing that states make public pre-primary education and secondary education available and free to all. Botswana, Burundi, Gambia, Ghana, Malawi, South Africa, and South Sudan have publicly expressed support for this process.

    “African governments should urgently fulfill their pledges to guarantee universal access to free quality primary and secondary education,” Segun said. “Governments should focus on protecting public spending for education from regressive measures and cuts and allocate resources commensurate with their obligations to guarantee access to quality public education.”

    Distributed by APO Group on behalf of Human Rights Watch (HRW).

    MIL OSI Africa –

  • MIL-OSI Africa: The European Union helps boosting Egypt’s green transition


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    On 15 June, the European Union and the Government of Egypt will launch the EU-Egypt Investment Guarantee for Development Mechanism. This platform will attract investments to high impact projects in areas such as clean energy, water and wastewater management and sustainable agriculture. It will also support digital transformation, and the development of small and medium-sized enterprises (SMEs). The platform aims to mobilise up to €5 billion in investments by 2027.

    This includes €1.8 billion announced as part of the EU-Egypt Strategic and Comprehensive Partnership. To achieve this, the platform will leverage EU resources from the European Fund for Sustainable Development Plus (EFSD+). It will also draw resources from European and International Financial Institutions (IFIs) that implement EU guarantees in close coordination with Member States and the private sector. It marks a key milestone under the EU-Egypt Strategic and Comprehensive Partnership and contributes to the EU’s Global Gateway strategy.

    Distributed by APO Group on behalf of Delegation of the European Union to Egypt.

    MIL OSI Africa –

  • MIL-OSI Africa: Banque de Développement des États de l’Afrique Centrale (BDEAC) secures EUR 100-million trade finance facility from Afreximbank

    African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to provide the Banque de Développement des États de l’Afrique Centrale (BDEAC) with EUR 100-million trade finance facility to support critical regional integration projects in the Central African Economic and Monetary Community (CEMAC). The facility would also support the upgrading of trade-enabling infrastructure in the CEMAC region.

    The agreement was signed in Abuja, Nigeria, on June 5, 2025 on the sidelines of the official launch of the African Medical Centre of Excellence (AMCE). Prof. Benedict Oramah, Afreximbank’s President and Chairman of the Board of Directors, signed for the Bank, while Dieudonné Evou Mekou, President of BDEAC, signed for his organization.

    Speaking after the signing, Prof. Oramah highlighted the significance of the facility in strengthening regional integration, saying, “This facility marks another significant milestone in Afreximbank’s efforts to deepen trade and investment, as well as close the trade-enabling infrastructure gap in the CEMAC region. With this line of credit, Afreximbank and BDEAC are sending a strong message to our people that it is through strong partnerships and by pooling our resources that we can collectively transform the economic fortunes of our people.”

    On his part, BDEAC President, Dieudonné Evou Mekou welcomed the signing of the new facility, noting that: “It confirms the excellent quality of the partnership between BDEAC and Afreximbank – two institutions at the forefront of financing African economies.  The establishment of this credit line will enable BDEAC to strengthen and diversify its interventions in the CEMAC zone, thereby contributing more significantly to regional economic integration, sustainable development, and the improvement of living conditions for the populations, in accordance with Strategic Orientation N°1 of the AZOBE 2023-2027 Strategic Plan.”

    The advent of this new facility confirms the excellent quality of the partnership relations that exist between the two financial institutions dedicated to African economies.”

    BDEAC is the regional development finance institution for the CEMAC regional block and has had a long-standing partnership with Afreximbank.

    Distributed by APO Group on behalf of Afreximbank.

    Media Contact:
    Vincent Musumba
    Communications and Events Manager (Media Relations)
    Email: press@afreximbank.com

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    About Afreximbank:
    African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

    For more information, visit: www.Afreximbank.com

    MIL OSI Africa –

  • MIL-OSI Africa: President Boakai Declares Monday, June 16 ‘Day of the African Child and the World Day Against Child Labor’


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    The President of the Republic of Liberia, His Excellency Joseph Nyuma Boakai, Sr., has by Proclamation declared Monday, June 16, 2025 as the “Day of the African Child and the World Day Against Child Labor”, to be observed throughout the Republic as a Working Holiday. According to a Foreign Ministry release, the Government of Liberia will join the African Union Commission (AUC) and other international partners in collaboration with the Liberia’s Children’s Representative Forum featuring the participation of over 1,000 children representing all fifteen counties of Liberia and children across the African under the Global theme: “Planning and Budgeting For Children’s Right: Progress Since 2010 and the National theme: “From Planning to Impact: Securing Resources For Every Liberia Child” And “Lets Act On Our Commitments: End Child Labor”.

    On that day, history recorded the brutal massacre in Soweto, the Republic of South Africa, of protesting black school students against Apartheid, while advocating for equal rights and opportunities. According to the Proclamation, the core significance of the observance of the Day of the African Child is firstly in memory of hundreds of black school children who participated in the Soweto uprising in 1976. An assembly of Heads of State and Government of the Organization of African Unity (OAU), now African Union Commission (AUC), in keeping with Resolution CM/RES.1290 XL, declared 16th of June each year as the “Day of the African Child” which will be jointly celebrated with the World Day Against Child Labor (June 12), an International Labor Organization (ILO)-sanctioned holiday first launched in 2002, aiming to raise awareness and activism to prevent child labor. 

    The Proclamation further indicated that in adherence to the Convention of the Right of the Child, the Government of the Republic of Liberia ratified the Convention by an Act of Legislature in 1992, which guarantees the full protection of children from all forms of depravation and abuse. The Proclamation also disclosed that on Monday, June 16, 2025, the Ministry of Gender, Children and Social Protection, in collaboration with the Ministry of Labor and international partners will join in the celebration of the Day of the African Child and the World Day Against Child Labor, an event that will include the County and National Elections of the Liberia National Children’s Representative Forum, educational activities, and a campaign to raise awareness about the rights and welfare of children in Liberia. The Proclamation therefore calls upon all citizens and foreign residents, national and international youth organizations as well as government agencies concerned to join the Ministry of Gender, Children and Social Protection and the Ministry of Labor to plan and implement appropriate programs befitting the occasion.

    Distributed by APO Group on behalf of Ministry of Foreign Affairs of Liberia.

    MIL OSI Africa –

  • Australia coach McDonald backs stuttering Labuschagne

    Source: Government of India

    Source: Government of India (4)

    Batter Marnus Labuschagne is still a key part of Australia’s future in test cricket despite failing to impress in their five-wicket defeat to South Africa in the World Test Championship final, coach Andrew McDonald said.

    Labuschagne opened alongside Khawaja, scoring 17 runs off 56 balls in the first innings and 22 off 64 in the second, with South Africa completing a remarkable turnaround on Saturday after successfully chasing down an imposing 282-run target.

    The 30-year-old has scored one hundred in his last 28 tests and has come away with single-digit tallies in four of his last 11 matches.

    “He’s a big part of the future of the team. Anyone that averages 45, 46 in test cricket at that age is important. We’ve got older players there that are closer to the end than the start,” McDonald told reporters.

    “We’ve got some younger players that are coming in. If he can get his game in good order for the next four or five years, he can underpin that batting order. But at the moment, he’d be disappointed with the returns. He’s missed out on big scores.

    “But we’re confident that he could return to his best and hence why we keep picking him. And at what point do we stop picking him? I think most players across their journey get dropped at some point in time…”

    Khawaja also struggled against South Africa, departing for a duck in the first innings and scoring just six runs in his second, but McDonald said the 38-year-old veteran’s presence in the team was invaluable.

    “He’s on contract, he’s an important player. He gives us stability at his best at the top. And we like to look at our players at their best,” McDonald said.

    “No doubt, a couple of failures here and people then start to talk about maybe it’s the end. I don’t see an end date with the way he’s training, the way he’s preparing, the way he’s moving.”

    Australia next travel to the Caribbean for a three-test series against West Indies beginning on June 25.

    (Reuters)

  • Steve Smith in doubt for Australia’s tour of West Indies

    Source: Government of India

    Source: Government of India (4)

    Steve Smith will miss Australia’s first test against the West Indies in Barbados later this month and could sit out the entire three-test series with a finger injury, captain Pat Cummins said.

    Smith, one of the mainstays of the Australian team, suffered a compound dislocation of his right little finger fielding on the third day of the World Test Championship final against South Africa at Lord’s on Friday, missing the rest of the match.

    He was taken to hospital for x-rays but no surgery was required. However, he faces some time on the sidelines.

    “I’d say first test maybe unlikely, and then go from there, but it’s a bit early to tell,” Cummins said after Australia’s surprise defeat against a South Africa team that wrapped up their five-wicket victory on Saturday.

    The 36-year-old Smith was standing far closer to the stumps than normal when he dropped South Africa captain Temba Bavuma, who had scored two runs but went on to hit 66 in a significant contribution to his team’s success.

    Australia begin their three-test series in the Caribbean in Bridgetown over June 25-29 and play the other two tests in Grenada and Jamaica.

    (Reuters)

  • MIL-OSI Russia: Xi Jinping left Beijing for Astana to attend the 2nd China-Central Asia Summit /detailed version-1/

    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 16 (Xinhua) — Chinese President Xi Jinping left Beijing on a special plane for Astana on Monday to attend the 2nd China-Central Asia Summit. Xi’s trip will take place at the invitation of Kazakh President Kassym-Jomart Tokayev.

    Among those accompanying Xi Jinping are Cai Qi, member of the Standing Committee of the Politburo of the CPC Central Committee and Director of the General Office of the CPC Central Committee, and Wang Yi, member of the Politburo of the CPC Central Committee and Minister of Foreign Affairs of the People’s Republic of China. -0-

    MIL OSI Russia News –