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  • MIL-OSI USA: Press Release: Congressman Bennie G. Thompson Announces Academy Appointments for Second Congressional District

    Source: United States House of Representatives – Representative Bennie G Thompson (D-MS)

    BOLTON, MS – Today, United States Representative Bennie G. Thompson (D-MS) announces the Military Academy appointments for the Second Congressional District. 

    Dylan Michael Wiley has received an appointment to the United States Naval Academy, Class of 2029, after being nominated by U.S. Congressman Bennie G. Thompson.

    Dylan successfully completed his studies at the Naval Preparatory School (NAPS) in Newport, Rhode Island, where he demonstrated academic excellence and dedication. Throughout his time at NAPS, he excelled in his coursework and made significant contributions to the school community. His positive outlook and unwavering commitment to his future at the Naval Academy reflect his strong aspirations to succeed and lead. Among his many accomplishments, Dylan represented his peers as a NAPS representative. Additionally, he held the role of Supplementary Student Assistant for Physics and served as the NAPS 2nd Company Guide-On. 

    Dylan is the son of Nelson and Debra Wiley, Jr. of Raymond, Mississippi, and he looks forward to continuing his educational journey at the United States Naval Academy.

    Nicholas McGlorthan, has received an appointment to the United States Air Force Academy, Class of 2029, after being nominated by U.S. Congressman Bennie G. Thompson. 

    Nicholas has successfully completed the Air Force Preparatory School in Colorado Springs, CO. At the USFA Prep School, Nicholas further developed his leadership and academic skills. He served as a Character Officer, guiding fellow Cadets in upholding the honor code. He took part in land navigation exercises in the Colorado mountains, marched in parades, and completed college-level courses in trigonometry, chemistry, and writing. He also participated in an aviation course, which included hands-on flight experience. Hiking the Colorado mountains has become one of his favorite pastimes. Nicholas plans to major in Mechanical Engineering at the Air Force Academy and is exploring a future career in drone piloting.

    He is the son of Sharron McGlorthan of Jackson, Mississippi, and he looks forward to continuing his educational journey at the United States Air Force Academy.

    If you are interested in attending a Military Academy, you may contact Ms. Shander Gund, my academy representative at (662) 741-9003 or via e-mail at shander.gund@mail.house.gov.

    MIL OSI USA News –

  • MIL-OSI: BW Energy: Fixed Income Investor Meetings 

    Source: GlobeNewswire (MIL-OSI)

    Fixed Income Investor Meetings 

    06 June 2025 

    BW Energy has engaged Pareto Securities as Global Coordinator together with Arctic Securities as Joint Bookrunners to arrange a series of fixed income investor meetings. Fearnley Securities and Sparebank1 Markets are acting as Co-Managers. Subject to inter alia market conditions and acceptable terms, a new senior unsecured bond issue of USD 300 million with a tenor of five years may follow. The purpose of the bond issue is for general corporate purposes. Holders of BWE01 bonds will be offered to roll-over their bonds into the new contemplated bond issue. 

    BW Group (76.5% shareholder and primary insider through Mr. Andreas Sohmen-Pao) has the intention to subscribe and be allocated USD 100 million in the new bond including roll-over of USD  38.5 million of their existing BWE01 bonds. CEO Carl Arnet will also subscribe and be allocated USD 2.5 million in the new bond including roll-over of USD 2 million of his existing BWE01 bonds.  

    For further information, please contact: 
    Brice Morlot, CFO BW Energy   
    +33.7.81.11.41.16 
    ir@bwenergy.no 

    About BW Energy: 

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025. 

    This information is considered inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Regine Andersen, 06 June 2025 

    The MIL Network –

  • Operation Sindoor outreach: Indian delegation calls on US Vice President in Washington

    Source: Government of India

    Source: Government of India (4)

    An all-party Indian Parliamentary Delegation, led by Congress MP Shashi Tharoor, on Thursday had an “excellent meeting” with the United States Vice President J.D. Vance in Washington, briefing him about Operation Sindoor, terrorism faced by India and regional security.

    The delegation is on a 2-day visit to the United States as part of India’s global outreach against terrorism following Operation Sindoor.

    The Indian Embassy in the United States said, “The All Party Parliamentary Delegation led by Shashi Tharoor called on Vice President J D Vance this morning. The conversation focused on strengthening the India-US partnership including cooperation in counter-terrorism domain.”

    Vance was on India visit when the Pahalgam terror attack took place on April 22.

    In a strong message of support and solidarity, the US Vice-President had also called Prime Minister Narendra Modi to strongly condemn the terror attack and convey that the United States is ready to provide “all assistance” in the joint fight against terrorism.

    After meeting Vance, Tharoor shared on X, “Excellent meeting with Vice President J D Vance today in Washington D.C. with our delegation. We had comprehensive discussions covering a wide array of critical issues, from counter-terrorism efforts to enhancing technological cooperation. A truly constructive and productive exchange for strengthening India-US strategic partnership, with a great meeting of minds.”

    Earlier on Thursday, Tharoor spoke with Ambassador Ken Juster at Council on Foreign Relations on India’s fight against terrorism.

    The delegation also met Senator Andy Kim, Member of the US Senate Homeland Security Committee.

    “The Indian parliamentary delegation led by Shashi Tharoor had a wonderful conversation with Senator Andy Kim, Member of the US Senate Homeland Security Committee, and briefed him on the heinous terrorist attack in Pahalgam, India’s measured and precise response during Operation Sindoor, and our firm resolve to respond swiftly to any such incidents in the future. The conversation also spanned productive areas of cooperation, including entrepreneurship, trade, technology, and counterterrorism!,” said the Indian embassy.

    Later, the delegation interacted with members of various think tanks at the Indian Embassy. The conversation focused on India’s fight against terrorism and the multi-faceted India-US partnership.

    Tharoor said that the delegation has received solidarity and understanding at everywhere they went.

    He reiterated India’s stance that “there will be a price to pay” if terrorist attacks like the one in Pahalgam are carried out in India.

    He said, “And I’m very pleased to say that everywhere we went and I could say this quite confidently without exception, we have received both of what we sought. We have received understanding and we have received solidarity. And these two things are really what we came for. We will continue to meet others during the remaining time today and tomorrow. I want to stress one thing, and then I’ll be very happy to open it up for discussions, and that thing is quite simply that this is not something we would really have wanted to spend our time on.”

    “We are a country focused on growth and development. Our focus has entirely been on the economic advances that are so essential to pull a few the few people who remain below the poverty line in our country out below that and to take the rest into the developed India of our dreams. But, sadly, when this kind of thing is done to us, and for very cynical motives, which I think are pretty apparent so I won’t spell them out, it was necessary for us to show that we will not allow people to cross the border and kill our citizens with impunity. That for terror strikes like this, which show all the hallmarks of meticulous planning and military style execution, that there will be a price to pay. And that was very strongly the message that we sent,” he added.

    Apart from Tharoor, the delegation includes Lok Janshakti Party-Ram Vilas MP Shambhavi Choudhary, Jharkhand Mukti Morcha’s Sarfaraz Ahmad, Shiv Sena’s Milind Murli Deora; BJP’s Shashank Mani Tripathi, Bhubaneswar Kalita, and Tejasvi Surya; and Telugu Desam Party’s GM Harish Balayogi. Former Indian Ambassador to the US, Taranjit Singh Sandhu, is also accompanying the delegation.

    (With inputs from IANS)

     

  • MIL-OSI Russia: China is committed to promoting healthy development of auto industry – Ministry of Commerce of the People’s Republic of China

    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 6 (Xinhua) — China will work to remove obstacles and restrictions that hinder the circulation and consumption of automobiles to promote the healthy development of the domestic auto industry, Ministry of Commerce spokesperson He Yongqian said Thursday.

    At the next departmental press conference, she emphasized that for the Chinese national economy, the auto industry is a strategic and supporting industry that plays an important role in ensuring stable growth and expanding consumption.

    In recent years, the Ministry of Commerce of the People’s Republic of China has deeply implemented such measures as the trade-in program for new cars and pilot reforms in the field of car circulation and consumption, which are designed to free up even more consumer opportunities in the car market and develop a new driver for consumption growth, He Yongqian noted.

    According to her, the Ministry of Commerce of the People’s Republic of China is ready, in coordination with other competent departments, to strengthen monitoring and studying the auto market, as well as to strengthen the political orientation of its development in order to better meet the diversified and individualized needs of the population.

    As for the current phenomena of “involutionary” competition in the auto sector, the Ministry of Commerce of the People’s Republic of China will actively assist the relevant authorities in tightening comprehensive control in order to ensure fair and honest competition in the auto market, He Yongqian assured. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: China allocates 45 million yuan to eliminate consequences of natural disasters

    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 6 (Xinhua) — China’s Ministry of Finance and the Ministry of Emergency Management have allocated 45 million yuan (about 6.26 million U.S. dollars) to support disaster relief efforts in several regions across the country, the ministry said Thursday.

    Of the total, 15 million yuan will go to flood control in southwest China’s Yunnan Province, 10 million yuan will support rescue efforts after landslides in southwest China’s Xizang Autonomous Region, and the remaining 20 million yuan will help fight drought in northwest China’s Gansu Province and Ningxia Hui Autonomous Region.

    According to the department, the funds will be used to minimize human and material losses from natural disasters, as well as to ensure the safety of life and property of the population in the affected areas. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: /Voice of the South/ Expert’s view｜The establishment of the International Mediation Organization is particularly relevant in the context of the current unstable situation

    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

    Author: Serik Korzhumbayev

    On May 30, a historic event took place in Hong Kong that could revolutionize the approach to international dispute resolution. Representatives of 32 countries signed the Convention Establishing the International Mediation Organization (IOM). Delegations from more than 85 countries and nearly 20 international organizations, including the UN, also attended the ceremony. The IOM became the world’s first intergovernmental body created exclusively for the peaceful resolution of international conflicts through mediation. China was the main initiator of this initiative, demonstrating new strategic thinking focused on dialogue, mutual respect, and joint search for solutions. In this analytical material, we examine the significance of the new body, China’s role in its development, and the IOM’s potential to promote peace and global cooperation.

    The ceremony in Hong Kong’s Wanzai Business District was not just a diplomatic act, but a symbol of the beginning of a new era in international relations. In his speech, Wang Yi, member of the Politburo of the CPC Central Committee and head of the PRC Foreign Ministry, emphasized that the IOM reflects the spirit of the UN Charter, in particular Article 33, which mentions mediation as one of the preferred instruments for the peaceful resolution of disputes. For a long time, the international community lacked a specialized legal framework focused on dialogue. The IOM fills this gap by offering a universal platform for states, investors and commercial organizations.

    The establishment of the IOM is particularly relevant in the context of the current unstable situation: growing geopolitical contradictions, trade wars, regional conflicts. In 2025, the world celebrates the 80th anniversary of the creation of the UN and the victory in World War II – it is symbolic that right now a mechanism is emerging that can replace confrontation with dialogue.

    China’s initiative is not accidental. In recent years, Beijing has confidently positioned itself as a supporter of peace and diplomacy, acting as a mediator in resolving crises in Africa, the Middle East and Asia. The proposal to establish the IOM was put forward by China three years ago and became a logical continuation of the idea of a “community with a shared future for mankind” put forward by Chinese President Xi Jinping. This idea has now received institutional embodiment – with its center in Hong Kong.

    China’s role in the creation of the IOM is not only a diplomatic success, but also a testament to its growing influence as a responsible global power. Unlike Western approaches, which often rely on coercion or rigid legal procedures, the Chinese model of mediation is based on principles of harmony, Confucian ethics, and consensus-seeking.

    Chinese Foreign Minister Wang Yi noted that mediation is a “natural continuation” of China’s historical tradition of resolving disputes through mutual respect. The effectiveness of this approach has been proven in practice. In 2023, China brokered a historic rapprochement between Saudi Arabia and Iran, which was a breakthrough for the Middle East. Beijing has also played an active role in peace processes in Sudan, Myanmar and other countries, avoiding interference and relying on trust.

    The choice of Hong Kong as the IOM headquarters has symbolic and strategic significance. As Wang Yi emphasized, Hong Kong’s return to China in 1997 is an example of a successful diplomatic settlement. The city, with its Anglo-Chinese legal system, business infrastructure, and status as an arbitration center in Asia, is ideal for such a structure. According to the International Arbitration Review of Queen Mary, University of London, in 2025 Hong Kong tied with Singapore as the preferred jurisdiction for dispute resolution.

    The IOM also reflects China’s broader ambition to reform the global governance system. In a context of growing great power competition, China offers an inclusive, equitable order. The support of 32 founding members, including Indonesia, Pakistan, Serbia, and Cambodia, underscores the credibility of the Chinese initiative, especially among countries in the Global South.

    IOM’s mission is to create a universal platform for resolving interstate, investment and commercial disputes through dialogue and voluntary participation. Unlike courts, where one often wins at the expense of the other, mediation involves a win-win solution, strengthening trust and stability in the long term.

    IOM is based on the principles of equality, fairness and respect for sovereignty. The organization takes into account the specifics of different legal systems and offers a flexible approach that reduces the costs and time spent on dispute resolution. This makes mediation attractive not only for states, but also for businesses.

    The creation of the IOM also offers an alternative to existing Western institutions, such as the International Court of Justice or the Permanent Court of Arbitration. While these bodies remain important, their procedures often exacerbate conflicts. China’s concept of a “culture of harmony” offers a different path – cooperation instead of confrontation, which is especially relevant in a context of global interdependence.

    Despite the bright start, IOM has a difficult path ahead. One of the main challenges will be to ensure trust from a wide range of countries, including Western powers. Some analysts are already expressing doubts about IOM’s ability to remain a neutral structure amid global turbulence. However, professional mechanisms are being created for this purpose – training of mediators, uniform protocols, procedures for implementing decisions.

    Ratification of the Convention by member states and expansion of membership, including major powers, will be of great significance. China has already promised to establish a team of high-level international mediators, which will give the organization credibility.

    IOM can be a key instrument for de-escalation in hot spots from the South China Sea to the Middle East. In Central Asia, where integration and sustainable development are important, mediation can be used to resolve disputes over trade, investment, water, and energy. Kazakhstan, as a strategic partner of China, can also benefit from such an approach.

    In closing, Wang Yi recalled the ancient Chinese parable of the “six-foot alley”: two neighbors each gave each other three feet to walk down a narrow street. The story is a metaphor for the IOM philosophy: the path to cooperation is through compromise. In a world where conflicts are becoming chronic, this idea sounds like a call to reason.

    The creation of the IOM under the auspices of China is not just a diplomatic victory. It is an invitation to the world to resolve disputes not from a position of strength, but through equal dialogue. And if this structure works effectively, it will become the basis for a new architecture of international relations – more just, peaceful and inclusive.

    Note: Serik Korzhumbayev is the editor-in-chief of the newspaper “Business Kazakhstan”.

    The views expressed in this article are those of the author and do not necessarily reflect the views of Xinhua News Agency. –0–

    MIL OSI Russia News –

  • MIL-OSI Australia: Driver charged over pedestrian crash in Launceston

    Source: New South Wales Community and Justice

    Driver charged over pedestrian crash in Launceston

    Friday, 6 June 2025 – 3:11 pm.

    An 18-year-old man will appear in court charged with assault and causing grievous bodily harm following a pedestrian crash in Launceston last Friday night.
    The man was allegedly driving a white Holden Commodore wagon when it struck two pedestrians in the Launceston City Council carpark on the corner of Brisbane and Bathurst streets about 11.50pm on Friday, 30 May.
    One of the pedestrians, a teenage girl, was flown to the Royal Hobart Hospital with serious leg injuries. She remains in hospital in a stable condition.
    The driver and the injured teenager are known to each other, and Launceston police are calling for witnesses to the incident, as investigations continue.
    Anyone who witnessed the incident in the carpark (commonly referred to as the Dan Murphy’s carpark) is asked to contact police. Relevant dashcam or other footage should also be provided.
    Information can be provided by calling police on 131 444, or Crime Stoppers Tasmania on 1800 333 000 or at crimestopperstas.com.au (please quote OR776328).
    Information can be provided anonymously.

    MIL OSI News –

  • Musk-Trump breakup puts $22 billion of SpaceX contracts at risk, jolting US space program

    Source: Government of India

    Source: Government of India (4)

    About $22 billion of SpaceX’s government contracts are at risk and multiple U.S. space programs could face dramatic changes in the fallout from Elon Musk and President Donald Trump’s explosive feud on Thursday.

    The disagreement, rooted in Musk’s criticism of Trump’s tax-cut and spending legislation that began last week, quickly spiraled out of control. Trump lashed out at Musk when the president spoke in the Oval Office. Then in a series of X posts, Musk launched barbs at Trump, who threatened to terminate government contracts with Musk’s companies.

    Taking the threat seriously, Musk said he would begin “decommissioning” SpaceX’s Dragon spacecraft used by NASA.

    Hours later, however, Musk appeared to reverse course. Responding to a follower on X urging him and Trump to “cool off and take a step back for a couple of days,” Musk wrote: “Good advice. Ok, we won’t decommission Dragon.”

    Still, Musk’s mere threat to abruptly pull its Dragon spacecraft out of service marked an unprecedented outburst from one of NASA’s leading commercial partners.

    Under a roughly $5 billion contract, the Dragon capsule has been the agency’s only U.S. vessel capable of carrying astronauts to and from the International Space Station, making Musk’s company a critical element of the U.S. space program.

    The feud raised questions about how far Trump, an often unpredictable force who has intervened in past procurement efforts, would go to punish Musk, who until last week headed Trump’s initiative to downsize the federal government.

    If the president prioritized political retaliation and canceled billions of dollars of SpaceX contracts with NASA and the Pentagon, it could slow U.S. space progress.

    NASA press secretary Bethany Stevens declined to comment on SpaceX, but said: “We will continue to work with our industry partners to ensure the president’s objectives in space are met.”

    Musk and Trump’s tussle ruptured an extraordinary relationship between a U.S. president and industry titan that had yielded some key favors for SpaceX: a proposed overhaul of NASA’s moon program into a Mars program, a planned effort to build a gigantic missile defense shield in space, and the naming of an Air Force leader who favored SpaceX in a contract award.

    Taking Dragon out of service would likely disrupt the ISS program, which involves dozens of countries under a two-decade-old international agreement. But it was unclear how quickly such a decommissioning would occur. NASA uses Russia’s Soyuz spacecraft as a secondary ride for its astronauts to the ISS.

    SPACEX’S RISE

    SpaceX rose to dominance long before Musk’s foray into Republican politics last year, building formidable market share in the rocket launch and satellite communications industries that could shield it somewhat from Musk’s split with Trump, analysts said.

    “It fortunately wouldn’t be catastrophic, since SpaceX has developed itself into a global powerhouse that dominates most of the space industry, but there’s no question that it would result in significant lost revenue and missed contract opportunities,” said Justus Parmar, CEO of SpaceX investor Fortuna Investments.

    Under Trump in recent months, the U.S. space industry and NASA’s workforce of 18,000 have been whipsawed by looming layoffs and proposed budget cuts that would cancel dozens of science programs, while the U.S. space agency remains without a confirmed administrator.

    Trump’s nominee for NASA administrator, Musk ally and billionaire private astronaut Jared Isaacman, appeared to be an early casualty of Musk’s rift with the president when the White House abruptly removed him from consideration over the weekend, denying Musk his pick to lead the space agency.

    Trump on Thursday explained dumping Isaacman by saying he was “totally Democrat,” in an apparent reference to reports Isaacman had donated to Democrats. Isaacman has donated to some Republican but mostly Democratic candidates for office, according to public records.

    Musk’s quest to send humans to Mars has been a critical element of Trump’s space agenda. The effort has threatened to take resources away from NASA’s flagship effort to send humans back to the moon.

    Trump’s budget plan sought to cancel Artemis moon missions beyond its third mission, effectively ending the over-budget Space Launch System rocket used for those missions.

    But the Senate Commerce Committee version of Trump’s bill released late on Thursday would restore funding for missions four and five, providing at least $1 billion annually for SLS through 2029.

    Since SpaceX’s rockets are a less expensive alternative to SLS, whether the Trump administration opposes the Senate’s changes in the coming weeks will give an indication of Musk’s remaining political power.

    SpaceX, founded in 2002, has won $15 billion of contracts from NASA for the company’s Falcon 9 rockets and development of SpaceX’s Starship, a multipurpose rocket system tapped to land NASA astronauts on the moon this decade.

    The company has also been awarded billions of dollars to launch a majority of the Pentagon’s national security satellites into space while it builds a massive spy satellite constellation in orbit for a U.S. intelligence agency.

    In addition to not being in U.S. interests, former NASA Deputy Administrator Lori Garver said canceling SpaceX’s contracts would probably not be legal.

    But she also added, “A rogue CEO threatening to decommission spacecraft, putting astronauts’ lives at risk, is untenable.”

    (Reuters) 

  • MIL-OSI Russia: The NSU team took first place in one of the cases of the all-Russian hackathon “Smart Campus”

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    The All-Russian hackathon “Smart Campus” has recently ended in Nizhny Novgorod, in which more than 80 students from more than 20 regions of Russia took part. The competition was held by NEIMARK University as part of the international conference CIPR-2025. NSU was represented at the hackathon by a team of students Faculty of Mechanics and Mathematics (MMF), they won one of the hackathon cases – the development of a communication service for deaf students.

    — Over the past three years, the Smart Campus hackathon has become a vibrant tradition that unites talented students and progressive ideas. Active participation of students helps create an effective educational ecosystem that ensures the successful functioning of the campus. The developments presented at the hackathon are already being implemented in campuses, a constellation of which is being created today in Russia, — noted Deputy Minister of Education and Science of Russia Andrey Omelchuk.

    More than 20 student teams gathered in Nizhny Novgorod, they were offered 5 cases to solve, not intersecting with each other. Thus, 4 teams worked on each case, for each of the tasks three prize winners were determined.

    The winning team from NSU included Timur Yenikeev, a 4th-year student of the Engineering School of the Faculty of Mathematics and Mechanics of NSU, Maxim Yemelyanov, a 1st-year master’s student of the Faculty of Mathematics and Mechanics of NSU, Ivan Gudylin, a 2nd-year master’s student of the Faculty of Mathematics and Mechanics of NSU, and the team captain – Taisiya Uskova, a 1st-year master’s student of the Faculty of Mathematics and Mechanics of NSU.

    — I, like another member of our team, Maxim Yemelyanov, have participated in this event more than once. This year, the hackathon has changed dramatically — this concerns both the structure and the tasks. So, we solved only cases from partners. In addition, all the tasks were somehow related to inclusive education, which, in my opinion, is the main feature of this year’s hackathon, — said Taisiya.

    Over the course of two days, student teams developed education quality monitoring systems, created inclusive technologies for students with disabilities, and designed a universal mobile service for campuses. Participants also optimized digital educational interfaces and tried to integrate neurotechnology into the educational process.

    The NSU team worked on a case to improve the Yandex Conversation app, which is designed to help hearing-impaired people. This app recognizes speech and can read out messages written by the user.

    —Our task was to implement this application with the required design, which was provided by the customer-curators from Yandex. We had to propose a model and add the functionality of recognizing speakers and saving them, as well as develop other improvements. For example, we implemented functionality that allows the application to work offline, — Taisiya explained.

    According to Taisiya, the team’s perseverance, ability to quickly understand complex topics and work within tight deadlines helped them win.

    —The team was quite diverse, we didn’t have the necessary competencies for all the issues, but we managed. In two days, we figured out what we had never done before, and that’s why, in my opinion, we won, — Taisiya shared.

    Such events are aimed at developing the existing campus infrastructure and introducing new solutions in those campuses that are currently being built across the country as part of the national project “Youth and Children”. Therefore, it is important that students themselves propose and develop solutions that may be interesting and in demand on campuses.

    Thus, a modern NSU campus is currently under construction, the first stage was opened in 2024. In the fall of 2025, a new building of flow auditoriums is being prepared to receive students, which will also become a demonstration center for technologies in the field of artificial intelligence. For example, a “smart” library will operate there, students will be able to use self-service stations to check out books from the open collection, take them home and return them at any time.

    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: Dassault Systèmes: Doubling EPS by 2029, 3D UNIV+RSES creating new growth opportunities

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    VELIZY-VILLACOUBLAY — June 6, 2025

    Dassault Systèmes: Doubling EPS by 2029,
    3D UNIV+RSES creating new growth opportunities

    Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) hosts its 2025 Capital Markets Day at its headquarters in Vélizy-Villacoublay, France, today, June 6, 2025. The event, dedicated to financial analysts and investors, features a series of presentations by the Company’s executive management. It highlights how 3D UNIV+RSES mark a fundamental shift, providing the next generation of virtual-plus-real (V+R) environment. This unlocks the full potential for clients to leverage Gen AI, creating new possibilities and reaching meaningful productivity gains while protecting their IP. Dassault Systèmes elevates the value creation with 3D UNIV+RSES and demonstrates the reasons to believe across Industrial innovation, Mainstream and Life Sciences.

    Together, these drivers form a coherent and powerful roadmap, positioning the Company to fully capitalize on significant mid to long-term opportunities. Dassault Systèmes updates its mid-term financial ambition to double non-IFRS diluted EPS by 2029. This allows the adoption of 3D UNIV+RSES to deliver its full potential.

    Commencing at 12:45 PM London time / 7:45 AM New York time / 1:45 PM Paris time, the event will be webcast live and recorded. Both the live sessions and replays can be accessed via Dassault Systèmes’ investor website: https://investor.3ds.com/. The on-demand webcast of the event will be available from June 9, 2025.

    Pascal Daloz, Dassault Systèmes’ Chief Executive Officer, commented:

    “At today’s Capital Markets Day, we unveil the most strategic evolution in Dassault Systèmes’ history. AI for industry becomes our compass, while our next-generation value proposition – 3D UNIV+RSES – defines the next growth cycle of our company.

    We are entering a new era: the Generative Economy, where value creation lies at the intersection of the Virtual and the Real – V+R. It is in this hybrid space that tomorrow takes shape and our mission is to empower our customers to imagine, to create and to operate in this hybrid world.

    From life-saving therapies to next-generation mobility and resilient, sustainable infrastructure, 3D UNIV+RSES are not just transforming how industry functions – it is redefining what is possible. We are delivering the virtual twin of everything for everyone, infused with trusted AI, to reinvent products, enterprises and business models through the convergence of the Virtual and the Real.
    Our 3DEXPERIENCE platform now becomes the engine of the Generative Economy, enabling creation, management and amplification of knowledge, know-how and intellectual property – the new currency of progress.

    With 3D UNIV+RSES, we are not simply envisioning the future of industry – we are building it, unlocking new performances, new possibilities and magic experiences. A future where AI is not artificial but augmented, scientific, trustable and deeply human.”

    Rouven Bergmann, Dassault Systèmes’ Chief Financial Officer, commented:

    [diluted EPS (‘EPS’) on a non-IFRS basis]

    “We are building a company for the long term – one that delivers durable, high-quality growth powered by a loyal and expanding client base. Our ambition is clear: to double our earnings per share, and to keep doing so.

    The 3DEXPERIENCE platform is a strategic advantage. In the era of AI, it accelerates knowledge creation, unifies collaboration through a single source of truth, and unleashes the full potential of human talent. With the launch of 3D UNIV+RSES, we are unlocking a new phase of cloud adoption and customer engagement.

    As a result, we are extending our financial horizon to double EPS by 2029. This shift reflects three key factors: a gradual acceleration in top-line growth, the scale-up of 3D UNIV+RSES, and continued strategic capital allocation, including targeted M&A.

    Every move we make is guided by a single principle: creating long-term, sustainable value for our clients, our shareholders and our people, contributing to our EPS and cash generation. We are aligned and positioned to capture the full value of this opportunity.”

    Investor Relations Events

    • Second Quarter 2025 Earnings Release: July 24, 2025
    • Third Quarter 2025 Earnings Release: October 23, 2025
    • Fourth Quarter 2025 Earnings Release: February 11, 2026
    • First Quarter 2026 Earnings Release: April 23, 2026

    Forward-looking Information

    Statements herein that are not historical facts but express expectations or objectives for the future, including but not limited to statements regarding the Group’s non-IFRS financial performance objectives are forward-looking statements. Such forward-looking statements are based on Dassault Systèmes management’s current views and assumptions and involve known and unknown risks and uncertainties. Actual results or performances may differ materially from those in such statements due to a range of factors.
    The Group’s actual results or performance may be materially negatively affected by numerous risks and uncertainties, as described in the “Risk Factors” section 1.9 of the 2024 Universal Registration Document (‘Document d’enregistrement universel’) filed with the AMF (French Financial Markets Authority) on March 18, 2025, available on the Group’s website www.3ds.com.
    In particular, please refer to the risk factor “Uncertain Global Environment” in section 1.9.1.1 of the 2024 Universal Registration Document set out below for ease of reference:

    “In light of the uncertainties regarding economic, business, social, health and geopolitical conditions at the global level, Dassault Systèmes’ revenue, net earnings and cash flows may grow more slowly, whether on an annual or quarterly basis, mainly due to the following factors:

    • the deployment of Dassault Systèmes’ solutions may represent a large portion of a customer’s investments in software technology. Decisions to make such an investment are impacted by the economic environment in which the customers operate. Uncertain global geopolitical, economic and health conditions and the lack of visibility or the lack of financial resources may cause some customers, e.g. within the automotive, aerospace, energy or natural resources industries, to reduce, postpone or cancel their investments, or to reduce or not renew ongoing paid maintenance for their installed base, which impact larger customers’ revenue with their respective sub-contractors;
    • the political, economic and monetary situation in certain geographic regions where Dassault Systèmes operates could become more volatile and negatively affect Dassault Systèmes’ business, and in particular its revenue, for example, due to stricter export compliance rules or the introduction of new customs barriers or controls on the exchange of goods and services;
    • continued pressure or volatility on raw materials and energy prices could also slow down Dassault Systèmes’ diversification efforts in new industries;
    • uncertainties regarding the extent and duration of costs inflation could adversely affect the financial position of Dassault Systèmes; and
    • the sales cycle of the Dassault Systèmes’ products – already relatively long due to the strategic nature of such investments for customers – could further lengthen.

    The occurrence of crises – health and political crises in particular – could have consequences both for the health and safety of Dassault Systèmes’ employees and for the Company. It could also adversely impact the financial situation or financing and supply capabilities of Dassault Systèmes’ existing and potential customers, commercial and technology partners, some of whom may be forced to temporarily close sites or to cease operations. A deteriorating economic environment could generate increased price pressure and affect the collection of receivables, which would negatively affect Dassault Systèmes’ revenue, financial performance and market position.

    Dassault Systèmes makes every effort to take into consideration this uncertain outlook. Dassault Systèmes’ business results, however, may not develop as anticipated. Furthermore, due to factors affecting sales of Dassault Systèmes’ products and services, there may be a substantial time lag between an improvement in global economic and business conditions and an upswing in the Company’s business results.

    Non-IFRS Financial Information

    Readers are cautioned that the supplemental non-IFRS financial information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered in isolation from or as a substitute for IFRS measurements. The supplemental non-IFRS financial information should be read only in conjunction with the Company’s consolidated financial statements prepared in accordance with IFRS. Furthermore, the Group’s supplemental non-IFRS financial information may not be comparable to similarly titled “non-IFRS” measures used by other companies. Specific limitations for individual non-IFRS measures are set forth in the Company’s 2024 Universal Registration Document filed with the AMF on March 18, 2025.

    FOR MORE INFORMATION

    Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

    ABOUT DASSAULT SYSTÈMES
    Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens.
    With Dassault Systèmes’ 3DEXPERIENCE platform, 370 000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact.
    For more information, visit www.3ds.com

    Dassault Systèmes Investor Relations Team                        FTI Consulting
    Beatrix Martinez: +33 1 61 62 40 73                                Arnaud de Cheffontaines: +33 1 47 03 69
                                                                    Jamie Ricketts : +44 20 3727 1600
    investors@3ds.com

    Dassault Systèmes Press Contacts
    Corporate / France        Arnaud MALHERBE        
    arnaud.malherbe@3ds.com        
    +33 (0)1 61 62 87 73

    © Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

    Attachment

    The MIL Network –

  • MIL-OSI: TGS Commences Ultra-High Resolution 3D Seismic Survey for Green Volt Wind Development

    Source: GlobeNewswire (MIL-OSI)

    London, United Kingdom (06 June 2025) – TGS, a leading global provider of energy data and intelligence has commenced a geophysical survey for the pioneering Green Volt floating offshore wind farm. Mobilization initiated in Aberdeen last week and the work scheduled throughout June will include an ultra-high resolution 3D (UHR3D) seismic survey used to deliver detailed subsurface data for the floating wind farm’s site characterization.

    The Green Volt project is a joint venture between leading offshore wind developers Flotation Energy and Vårgrønn. As Europe’s first commercial-scale floating windfarm at 560 MW, the project is a catalyst for developing a highly specialized UK floating wind supply chain.

    Utilizing integrated Multibeam Echo Sounder, Side Scan Sonar, Sub-bottom Profiler and Magnetometer sensors, the advanced survey will enhance geological understanding and provide critical insights for the project’s site planning and risk assessments.

    Spanning the full lifecycle from acquisition planning to imaging and interpretation, this campaign for Green Volt will support employment opportunities across the UK, where TGS maintains a significant presence. TGS has 3 offices in the UK with over 200 employees. Offshore survey crews, geophysicists and onshore geoscientists will be engaged throughout the project, ensuring the delivery of high-quality processed data and interpretations.

    UHR3D data will provide detailed understanding of the subsurface conditions, revealing potential risks and challenges that are not always accurately captured through traditional 2D data interpolation. The enhanced data collection will help the Green Volt project team identify geological hazards and structural complexities, contributing to improved site assessment and risk mitigation strategies. This, in turn, will form a reliable foundation for the project’s ongoing planning and execution. By leveraging the latest acquisition configurations, TGS will enhance efficiency and improve target resolutions to meet the highest industry standards.

    Commenting on the start of this survey, TGS EVP New Energy Solutions, Will Ashby, said:

    “This represents a key milestone for TGS to utilize our expertise, technology and resources to support the development of the first commercial floating offshore wind farm, Green Volt. This simultaneous acquisition of all sensors and the application of our cutting-edge processing techniques is reinforcing our commitment to delivering industry-leader data solutions. UHR3D will be a key aspect to developing floating wind farms.”

    Matt Green, Project Director for Green Volt said:

    “Green Volt is pleased to be working alongside TGS on these important geophysical site surveys, which will not only advance our project but will also further develop our understanding of how the UKCS subsea offshore landscape can support deeper, larger windfarms as we continue to develop our industry.  Accurate data is vital component in our learning and will help strengthen the UK’s floating wind supply chain. This contract supports local jobs and innovation, helping to build a world-leading offshore wind sector right here in the UK.”

    About TGS
    TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide. For further information, please visit www.tgs.com (https://www.tgs.com/).

    For media inquiries, contact:

    Bård Stenberg
    IR & Business Intelligence
    investor@tgs.com

    About Green Volt
    Green Volt is set to become Europe’s first commercial scale floating offshore wind farm, located approximately 80 kilometres off the northeast coast of Scotland.

    Jointly developed by Flotation Energy and Vårgrønn, the project will feature up to 35 floating wind turbines with a total capacity of 560 megawatts. Once operational, Green Volt will provide clean power to the UK grid and facilitate the electrification of participating oil and gas platforms.

    Developed under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round, Green Volt aims to reduce carbon emissions by one million tonnes per year, significantly contributing to the UK’s and Scotland’s net-zero targets. The project has secured all necessary planning approvals and, in September 2024, was awarded a Contract for Difference (CfD) by the UK Government.

    The MIL Network –

  • India, England to now play for the Tendulkar-Anderson trophy

    Source: Government of India

    Source: Government of India (4)

    The India-England Test series will now be known as the Tendulkar-Anderson Trophy, rechristened in honour of two legends of the game, Sachin Tendulkar and James Anderson.

    The new identity was jointly announced on Thursday by the England and Wales Cricket Board (ECB) and the Board of Control for Cricket in India (BCCI). According to a report by ESPNcricinfo, the trophy will be officially unveiled by Tendulkar and Anderson on the first day of the World Test Championship (WTC) final between Australia and South Africa, on June 11 at Lord’s.

    Notably, India and England are set to begin the new WTC cycle with a five-Test series starting 20 June at Headingley, Leeds.

    Anderson, the most successful fast bowler in Test cricket with 188 appearances, retired in July 2024. Over a career spanning more than two decades, the English seamer took over 700 Test wickets and became the first fast bowler in history to reach that milestone. Known for his relentless accuracy, late swing, and ability to adapt across conditions, Anderson was a mainstay of England’s attack and remains one of the most respected figures in the game.

    Tendulkar, widely regarded as one of the greatest batters in cricket history, retired in 2013 after becoming the first — and so far only — player to feature in 200 Test matches. He scored 15,921 runs in the format, including 51 centuries, and carried the weight of a cricket-obsessed nation for much of his 24-year international career. His technique, temperament, and unmatched consistency made him a global icon and a symbol of Indian cricket’s golden generation.

    Previously, the India-England series was played for different trophies depending on the host country. In England, it was the Pataudi Trophy, named after former India captain Mansur Ali Khan Pataudi. In India, it was the Anthony de Mello Trophy, named after one of the early architects of Indian cricket administration.

    The Tendulkar-Anderson Trophy replaces both to establish a uniform identity across series, while celebrating the legacy of two modern greats who defined the era they played in.

  • MIL-OSI Russia: Exhibition dedicated to 100th anniversary of Gury Ivanovich Marchuk opened at NSU

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    June 8 marks the 100th anniversary of the birth of the famous Russian mathematician Gury Ivanovich Marchuk. Part of his life was connected with Akademgorodok and Novosibirsk State University. The NSU History Museum together with the Scientific Library of NSU and the Siberian Branch of the Russian Academy of Sciences have prepared an exhibition of Gury Ivanovich’s memoirs about life on Siberian soil.

    — The preparation process was three-sided: we collaborated with our NSU Scientific Library, which selected literature for us, books by Gury Ivanovich himself and related to him; we used our own funds and open funds of the Siberian Branch of the Russian Academy of Sciences — the result was a collection of unique interesting photographs of Gury Ivanovich, which can be seen at the exhibition. In addition, the stands present both general information about where he worked and studied, and his memories of Siberia. The exhibition carries such a coloring of memories — memories of Gury Ivanovich about his life in the Novosibirsk Akademgorodok, his work in the Siberian Branch of the Academy of Sciences, — said Victoria Vybornova, keeper of the NSU History Museum.

    In 1962, Guriy Ivanovich Marchuk completed his project in Obninsk and came to Akademgorodok at the invitation of Mikhail Alekseevich Lavrentyev. Here he began working at the Computing Center and, as was traditionally established, became a professor at Novosibirsk State University. As Mikhail Alekseevich’s successor, in 1975 he became president of the Siberian Branch of the USSR Academy of Sciences, and later, in 1980, he moved to Moscow and became the last president of the USSR Academy of Sciences.

    — Despite the fact that he spent several years in Akademgorodok, he nevertheless retained very warm memories of our Siberian region, so the exhibition focuses on this period of his life. He had many friends and colleagues in Akademgorodok, and he was always concerned about the development of Siberian science.

    Of course, this is a great example for the younger generation to follow, because Guriy Ivanovich is a person full of energy, full of various ideas, initiatives. As a scientist, he was a man of the world, traveled a lot and was familiar with scientific communities of other countries. He saw how science was created all over the world. Guriy Ivanovich took the best, implemented it in our Siberian branch, and then in Moscow. This is a great example and a great image of a scientist of the Soviet period, who began his career creating a nuclear shield together with I.V. Kurchatov, with a large team. Later, he took up mathematical modeling in immunology, then ecology. He was always ahead of science, in its first ranks, so every student and employee of NSU, a resident of Akademgorodok will be interested to learn and be inspired by his story, – emphasized Victoria Vybornova.

    Until June 20, the exhibition will be located in the second-floor passage between the first and third blocks of the NSU Academic Building (1 Pirogova St.). Later, it will move to the skylight opposite Okladnikov Auditorium 2322 and will run until mid-July.

    Among the most interesting exhibits are photographs of Gury Ivanovich, his scientific works, personal memories of Siberia and memories of his contemporaries about him.

    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 Security: Update: Coast Guard responds to vessel fire offshore Adak, Alaska

    Source: United States Coast Guard

    News Release

    		  

    U.S. Coast Guard 17th District Alaska
    Contact: 17th District Public Affairs
    Office: (907) 463-2065
    After Hours: (907) 463-2065
    17th District online newsroom

     

    06/06/2025 12:43 AM EDT

    KODIAK, Alaska – The Coast Guard is continuing its response to a vessel fire approximately 340 miles southeast of Adak, Thursday. A Coast Guard HC-130J Super Hercules aircrew from Air Station Kodiak conducted an overflight of the cargo ship Morning Midas Wednesday and observed the vessel was still on fire. Currently, there are no visual indications that the ship is taking on water or listing, and the extent of the damage is unknown. Zodiac Maritime, the Morning Midas’s manager, is coordinating to send a team of salvage specialists to the vessel for further assessment. The Morning Midas’s crew, who evacuated the ship Wednesday, remains aboard the vessel Cosco Hellas transiting to the vessel’s next destination with no reported injuries. As of 4 p.m. Thursday, the vessel was located approximately 340 miles southeast of Adak. The Seventeenth Coast Guard District has issued a Broadcast Notice to Mariners to notify mariners in the area of the situation. The Coast Guard continues to work with Zodiac Maritime to coordinate recovery efforts of the vessel. Zodiac Maritime’s public information spokesperson can be contacted via email at media@navigateresponse.com or by phone at 44-207-283-9915 or 65-6222-6375. To receive the most current updates, follow @USCGAlaska on X.  

    MIL Security OSI –

  • MIL-OSI Video: D-Day Remembered: Omaha Beach Survivor Jake Larson Shares His Story

    Source: US Army (video statements)

    D-Day: Through My Fingers, A V Corps Feature is a historical short that shares the experience of Jake Larson, a Soldier who landed on Omaha Beach with the first wave during the Allied invasion of Normandy on June 6, 1944.

    Told in Larson’s own words, the film also features commentary from V Corps Commanding General Lt. Gen. Charles Costanza and U.S. Army Europe and Africa Command Historian Michael Clauss. Together, they provide historical context and insight into Larson’s story; highlighting the scale of the operation, the leadership of Maj. Gen. Leonard T. Gerow, and the cost paid by Soldiers on that pivotal day.

    The feature draws a connection between V Corps’ legacy in World War II and its current mission on NATO’s eastern flank. It underscores how partnerships forged on the beaches of Normandy continue to shape allied cooperation 81 years later.

    Script by Sgt. Tyler Brock
    Video produced by Sgt. Tyler Brock
    Narrated by Sgt. Tyler Brock

    About the U.S. Army:
    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: https://www.goarmy.com/?iom=BNL7-22-0…

    Connect with the U.S. Army online:
    Web: https://www.army.mil
    Facebook: / usarmy
    X: https://x.com/USArmy
    Instagram: / usarmy
    LinkedIn: / us-army

    #USArmy #Soldiers #Military #BeAllYouCanBe #DDay

    https://www.youtube.com/watch?v=e1akWaSdf30

    MIL OSI Video –

  • Sensex, Nifty open flat ahead of RBI’s monetary policy decision

    Source: Government of India

    Source: Government of India (4)

    Domestic equity markets opened on a cautious note Friday, with benchmark indices trading flat ahead of the Reserve Bank of India’s monetary policy announcement. Investor sentiment remained subdued, even as select buying was observed in IT and PSU bank stocks during early trade.

    At around 9:23 a.m., the BSE Sensex was down by 82.43 points, or 0.10 per cent, at 81,359.61. The NSE Nifty slipped 7.70 points, or 0.03 per cent, to 24,743.20.

    The Nifty Bank index was marginally higher by 4.85 points at 55,765.70. The Nifty Midcap 100 gained 146.25 points, or 0.25 per cent, to trade at 58,449.25, while the Nifty Smallcap 100 rose 65.50 points, or 0.36 per cent, to 18,498.10.

    Markets are closely watching the RBI’s Monetary Policy Committee (MPC) announcement, where a 25 basis points rate cut is widely expected and already priced in by investors.

    Analysts suggest that the central bank’s commentary on growth and inflation outlook for FY26 will be a more decisive factor for market movement.

    “If the inflation forecast is revised downward from 4 per cent, it could trigger a positive response in the markets,” said Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

    On technical levels, analysts believe Nifty has immediate support at 24,500, followed by 24,400 and 24,300. Resistance levels are seen at 24,850, 24,900, and the key psychological mark of 25,000.

    “A breach below 24,500 could trigger further selling pressure, while a breakout above 25,000 may open the door to fresh all-time highs,” said Mandar Bhojane, Equity Research Analyst at Choice Broking.

    Meanwhile, the India VIX, which indicates market volatility, declined by 4.21 per cent to 15.08, suggesting reduced short-term volatility expectations. However, with the RBI policy decision due, analysts urge caution as market volatility may increase depending on the central bank’s guidance.

    In the Sensex basket, top gainers included Bajaj Finserv, Tata Steel, IndusInd Bank, ITC, NTPC, Titan, and Eternal. On the other hand, Tata Motors, Bajaj Finance, ICICI Bank, HDFC Bank, and SBI were among the top laggards.

    Across Asian markets, indices in Hong Kong, China, and Bangkok were trading in the red, while Japan was the only major market in positive territory.

    In the U.S. markets, the Dow Jones Industrial Average closed 108 points lower at 42,319.74 in the previous session. The S&P 500 dropped 31.51 points to 5,939.30, while the Nasdaq Composite fell 162.04 points to 19,298.45.

    On the institutional front, Foreign Institutional Investors (FIIs) were net sellers on June 5, offloading equities worth ₹208.47 crore. In contrast, Domestic Institutional Investors (DIIs) remained strong buyers with net purchases of ₹2,382.40 crore, offering support to the domestic markets.

    -IANS

  • Spain beat France 5-4 in thriller to reach Nations League final

    Source: Government of India

    Source: Government of India (4)

    Spain’s teenage sensation Lamine Yamal inspired his country to a thrilling 5-4 win over France on Thursday to send the holders through to their third successive Nations League final where they will face Iberian neighbours Portugal.

    The European champions dazzled in the first half of the semi-final at the MHP Arena and raced into a 2-0 lead with fine goals by Nico Williams and Mikel Merino inside 25 minutes.

    Spain’s 17-year-old starlet Yamal then got in on the act to coolly add a third from the penalty spot nine minutes into the second half before his Barcelona teammate Pedri clipped a sublime fourth into the net less than a minute later.

    The goals continued to flow as France striker Kylian Mbappe also slotted home from the penalty spot near the hour mark before Yamal added Spain’s fifth after 67 minutes to cap an exhilarating individual performance.

    France then mounted an extraordinary comeback as a stunning strike from Rayan Cherki, Dani Vivian’s own goal and a Randal Kolo Muani finish caused Spain some late jitters but they held on to book a clash with their Portuguese rivals on Sunday.

    “I always say it to my mother, I try to give it all,” Yamal told Teledeporte. “It is what motivates me to play football, why I wake up in the mornings.

    “France have world class players. The scoreline after 60 minutes was very big, but they have players who make you suffer.

    “We (Spain and Portugal) are two very good teams with world-class players. The best will win. I hope to bring the cup to Spain.”

    Spain have been nearly imperious under coach Luis de la Fuente, losing just once in over two years, a run that helped them take home the European Championship title last year with victory over England in the final.

    Key to De la Fuente’s system is his lively wide men Nico Williams and Yamal, and after Mbappe had wasted a golden early chance in Stuttgart and Theo Hernandez crashed an effort against the crossbar, Williams’ emphatic finish edged Spain in front.

    Another fine, flowing move three minutes later resulted in Merino slotting home the second having been picked out by a pinpoint Mikel Oyarzabal pass. It was only the second time France had conceded twice inside the opening half hour of a match during coach Didier Deschamps’ 13-year tenure.

    France continued to create openings but could not make their moments count, with their profligacy proving costly as one of the favourites to win the Ballon d’Or award, Yamal, fired in from the penalty spot after the teenager had been fouled.

    Yamal, who already has over 100 appearances for Barcelona across all competitions before he has even turned 18, was equally calm for his second, after Pedro’s fine fourth and Mbappe’s penalty, poking the ball past France goalkeeper Mike Maignan.

    The strike from Olympique Lyonnais’ Cherki deserved to be more meaningful, before Vivian’s intervention gave Spanish supporters some cause for concern.

    Substitute Kolo Muani’s goal made extra time look a possibility, but it was too little, too late.

    The striker, however, ensured the enthralling semi-final became the first-ever Nations League match to feature nine goals. It was also the first time France had conceded five times in a match since 1969.

    “We had some bursts of play we haven’t had for a long time,” France skipper Mbappe said. “But in just 10 minutes of the first half, we conceded two goals — and the same thing happened in the second half.

    “We weren’t consistent throughout the 90 minutes, but we did improve. When you don’t win, there are always negative points that come out. But it’s not all negative.”

    (Reuters)

  • India test captain Gill ready to lead in his own way

    Source: Government of India

    Source: Government of India (4)

    India’s new test captain Shubman Gill knows he has big shoes to fill after the retirements of Rohit Sharma and Virat Kohli but he wants to develop his own style of leadership, he said on Thursday.

    Rohit and Kohli, former skippers and batting mainstays of the team, both quit test cricket weeks before the start of India’s five-test series in England.

    Gill, 25, impressed as captain of Indian Premier League (IPL) side Gujarat Titans, leading them to the playoffs.

    “The pressure comes with every tour. The two big players have served us for so long, it is not easy to fill that space,” Gill told a news conference in Mumbai.

    “My style of captaincy will be my own, it will develop with experience. I like to communicate with the players. I would try to get them comfortable with their strengths and weaknesses. The players should feel secure, only then will they perform well.”

    Gill was picked as captain ahead of fast bowler Jasprit Bumrah, who led India in two recent tests in Australia.

    Chief selector Ajit Agarkar cited workload management concerns over the 31-year-old Bumrah who will not play all five tests in England.

    “We haven’t taken the call over which three games (Bumrah is) going to play,” India head coach Gautam Gambhir said. “We are going to have a discussion with him and a lot will depend on the results of the series as well, where the series is heading.”

    At least 11 people died and 47 were injured on Wednesday in a crowd surge outside IPL team Royal Challengers Bengaluru’s home stadium during celebrations of their maiden title.

    “My heart goes out to the people who lost their lives,” Gambhir said. “We are all equally responsible for this. Every life matters. If we are not ready to hold a road show, we should not do that.”

    (Reuters)

  • MIL-OSI: Defiance Launches PLTZ: The First 2X Short ETF for Palantir Technologies Inc.

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 06, 2025 (GLOBE NEWSWIRE) — Defiance ETFs announces the launch of the Defiance Daily Target 2X Short PLTR ETF (Ticker: PLTZ), the first 2X short single-stock ETF designed to provide amplified daily inverse exposure to Palantir Technologies Inc. (NASDAQ: PLTR).

    Founded in 2003 to support U.S. intelligence operations, Palantir Technologies Inc. now provides software solutions for complex data environments across the public and private sectors.

    PLTZ seeks daily investment results, before fees and expenses, that correspond to -2 times (-200%) the daily percentage change of Palantir’s common stock price. The Fund offers active traders a tactical tool to express bearish views on Palantir’s short-term movements—without the need for margin accounts or complex derivatives.

    For more information, visit DefianceETFs.com.

    The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues a daily inverse leveraged investment objective, which means that the Fund is riskier than alternatives that do not use leverage or short strategies because the Fund magnifies the inverse performance of the Underlying Security. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily inverse leveraged (-2X) investment results, understand the risks associated with the use of leverage and short exposure, and are willing to monitor their portfolios frequently. For periods longer than a single day, the Fund will lose money if the Underlying Security’s performance is flat, and it is possible that the Fund will lose money even if the Underlying Security’s performance decreases over a period longer than a single day. An investor could lose the full principal value of their investment within a single day.

    An investment in PLTZ is not an investment in Palantir Technologies Inc.

    About Defiance ETFs

    Founded in 2018, Defiance is at the forefront of ETF innovation. Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account.

    IMPORTANT DISCLOSURES

    Defiance ETFs LLC is the ETF sponsor. The Fund’s investment adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”).

    The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read the prospectus and / or summary prospectus carefully before investing. Hard copies can be requested by calling 833.333.9383.

    Investing involves risk. Principal loss is possible. As an ETF, the funds may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. A portfolio concentrated in a single industry or country, may be subject to a higher degree of risk.

    There is no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment.

    Total return represents changes to the NAV and accounts for distributions from the fund.

    PLTR Risks: The Fund invests in swap contracts and options that are based on the share price of PLTR. This subjects the Fund to certain of the same risks as if it owned shares of PLTR even though it does not.

    Indirect Investment Risk. PLTR is not affiliated with the Trust, the Fund, or the Adviser, or their respective affiliates and is not involved with this offering in any way and has no obligation to consider your Shares in taking any corporate actions that might affect the value of Shares.

    PLTR Good Performance Risk. PLTR may meet or exceed its publicly announced expectations or guidelines regarding its business, which could potentially lead to a rise in the share price of the Underlying Security. PLTR regularly provides guidance concerning its anticipated financial and business performance, including sales and production projections, future revenues, gross margins, profitability, and cash flows.

    Industry Recognition and Analyst Coverage Risk. Positive recognition from industry analysts, awards for product excellence, or inclusion in prestigious industry reports can enhance PLTR’s reputation and credibility among investors.

    Risks from Industry Growth and PLTR’s Business Success. PLTR develops software platforms designed to integrate data, enhance decision-making, and support operations for both commercial enterprises and government agencies, including the defense and intelligence sectors. PLTR has the potential for significant growth driven by increasing demand for advanced data analytics, artificial intelligence, and national security-related software solutions.

    Additional Risks:

    Compounding and Market Volatility Risk. The Fund has a daily leveraged investment objective and the Fund’s performance for periods greater than a trading day will be the result of each day’s returns compounded over the period, which is very likely to differ from -200% of the Underlying Security’s performance, before the Fund’s management fee and other expenses.

    Derivatives Risk. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risks related to the market, leverage, imperfect daily correlations with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation, and legal restrictions.

    Swap Agreements. The use of swap transactions is a highly specialized activity, which involves investment techniques and risks different from those associated with ordinary portfolio securities transactions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in derivatives which exposes the Fund to the risk that the counterparty will not fulfill its obligation to the Fund.

    Fixed Income Securities Risk. When the Fund invests in fixed income securities, the value of your investment in the Fund will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed-income securities owned by the Fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Diversification does not ensure a profit nor protect against loss in a declining market. Brokerage Commissions may be charged on trades.

    Distributed by Foreside Fund Services, LLC

    Contact Information
    David Hanono
    info@defianceetfs.com 
    833.333.9383

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae189e62-5356-4e99-9ffc-a65332d40416

    The MIL Network –

  • MIL-Evening Report: ‘Godfather of AI’ now fears it’s unsafe. He has a plan to rein it in

    Source: The Conversation (Au and NZ) – By Armin Chitizadeh, Lecturer, School of Computer Science, University of Sydney

    fran_kie/Shutterstock

    This week the US Federal Bureau of Investigation revealed two men suspected of bombing a fertility clinic in California last month allegedly used artificial intelligence (AI) to obtain bomb-making instructions. The FBI did not disclose the name of the AI program in question.

    This brings into sharp focus the urgent need to make AI safer. Currently we are living in the “wild west” era of AI, where companies are fiercely competing to develop the fastest and most entertaining AI systems. Each company wants to outdo competitors and claim the top spot. This intense competition often leads to intentional or unintentional shortcuts – especially when it comes to safety.

    Coincidentally, at around the same time of the FBI’s revelation, one of the godfathers of modern AI, Canadian computer science professor Yoshua Bengio, launched a new nonprofit organisation dedicated to developing a new AI model specifically designed to be safer than other AI models – and target those that cause social harm.

    So what is Bengio’s new AI model? And will it actually protect the world from AI-faciliated harm?

    An ‘honest’ AI

    In 2018, Bengio, alongside his colleagues Yann LeCun and Geoffrey Hinton, won the Turing Award for groundbreaking research they had published three years earlier on deep learning. A branch of machine learning, deep learning attempts to mimic the processes of the human brain by using artificial neural networks to learn from computational data and make predictions.

    Bengio’s new nonprofit organisation, LawZero, is developing “Scientist AI”. Bengio has said this model will be “honest and not deceptive”, and incorporate safety-by-design principles.

    According to a preprint paper released online earlier this year, Scientist AI will differ from current AI systems in two key ways.

    First, it can assess and communicate its confidence level in its answers, helping to reduce the problem of AI giving overly confident and incorrect responses.

    Second, it can explain its reasoning to humans, allowing its conclusions to be evaluated and tested for accuracy.

    Interestingly, older AI systems had this feature. But in the rush for speed and new approaches, many modern AI models can’t explain their decisions. Their developers have sacrificed explainability for speed.

    Bengio also intends “Scientist AI” to act as a guardrail against unsafe AI. It could monitor other, less reliable and harmful AI systems — essentially fighting fire with fire.

    This may be the only viable solution to improve AI safety. Humans cannot properly monitor systems such as ChatGPT, which handle over a billion queries daily. Only another AI can manage this scale.

    Using an AI system against other AI systems is not just a sci-fi concept – it’s a common practice in research to compare and test different level of intelligence in AI systems.

    Adding a ‘world model’

    Large language models and machine learning are just small parts of today’s AI landscape.

    Another key addition Bengio’s team are adding to Scientist AI is the “world model” which brings certainty and explainability. Just as humans make decisions based on their understanding of the world, AI needs a similar model to function effectively.

    The absence of a world model in current AI models is clear.

    One well-known example is the “hand problem”: most of today’s AI models can imitate the appearance of hands but cannot replicate natural hand movements, because they lack an understanding of the physics — a world model — behind them.

    Another example is how models such as ChatGPT struggle with chess, failing to win and even making illegal moves.

    This is despite simpler AI systems, which do contain a model of the “world” of chess, beating even the best human players.

    These issues stem from the lack of a foundational world model in these systems, which are not inherently designed to model the dynamics of the real world.

    Yoshua Bengio is recognised as one of the godfathers of AI.
    Alex Wong/Getty Images

    On the right track – but it will be bumpy

    Bengio is on the right track, aiming to build safer, more trustworthy AI by combining large language models with other AI technologies.

    However, his journey isn’t going to be easy. LawZero’s US$30 million in funding is small compared to efforts such as the US$500 billion project announced by US President Donald Trump earlier this year to accelerate the development of AI.

    Making LawZero’s task harder is the fact that Scientist AI – like any other AI project – needs huge amounts of data to be powerful, and most data are controlled by major tech companies.

    There’s also an outstanding question. Even if Bengio can build an AI system that does everything he says it can, how is it going to be able to control other systems that might be causing harm?

    Still, this project, with talented researchers behind it, could spark a movement toward a future where AI truly helps humans thrive. If successful, it could set new expectations for safe AI, motivating researchers, developers, and policymakers to prioritise safety.

    Perhaps if we had taken similar action when social media first emerged, we would have a safer online environment for young people’s mental health. And maybe, if Scientist AI had already been in place, it could have prevented people with harmful intentions from accessing dangerous information with the help of AI systems.

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

    – ref. ‘Godfather of AI’ now fears it’s unsafe. He has a plan to rein it in – https://theconversation.com/godfather-of-ai-now-fears-its-unsafe-he-has-a-plan-to-rein-it-in-258288

    MIL OSI Analysis – EveningReport.nz –

  • Sabalenka downs holder Swiatek to set up French Open final with Gauff

    Source: Government of India

    Source: Government of India (4)

    World number one Aryna Sabalenka battled past four-times champion Iga Swiatek to reach her first French Open final with a 7-6(1) 4-6 6-0 win on Thursday that ended the Pole’s reign in Paris and snapped her 26-game winning streak at the tournament.

    The Belarusian will face 2022 finalist Coco Gauff in Saturday’s showcase match after the American crushed French hopes with a straight-sets victory over wild card Lois Boisson.

    Sabalenka’s power proved too much for defending champion Swiatek, who was looking to become the first female player in the Open era since 1968 to win four consecutive titles in Paris.

    Swiatek had won the previous three editions along with her maiden crown in 2020.

    “Honestly, it feels incredible but I understand the job is not done yet. I’m just thrilled today with this win and the atmosphere,” Sabalenka said.

    “She’s the toughest opponent, especially on clay, especially at Roland Garros. It was a tough match, it was a tricky match but I managed.”

    Sabalenka, playing her second French Open semi-final and seeking her first title in Paris, powered into a 3-0 lead, twice breaking the Pole. She kept attacking her opponent’s serve with Swiatek winning just 35% of her points on her second serve.

    Swiatek, who late last year accepted a one-month doping ban and came into the tournament without a title win this season, had reached the semis dropping just one set in five matches. But she looked completely out of sorts on Thursday.

    With seven unforced errors in the first three games the Pole was playing catch-up from the start.

    She struggled with her serve and had racked up two double faults by the fifth game.

    SABALENKA POWER

    Swiatek gradually, however, found her range and precision, countering Sabalenka’s raw power with superb ball placement and levelled when her opponent double-faulted on break point.

    While the Pole found a way to grab the second set, Sabalenka was not to be denied, breaking the 24-year-old world number five at the start of the third to take control.

    “I think the pace from her was super fast,” Swiatek said. “Especially at the beginning of the match, she played just kind of as hard as possible and pretty risky. So it was just hard to get into any rally.”

    “In the third set I feel like we kind of came back to what happened in the first, and she for sure used her chances and I didn’t really keep up what I was doing in the second set.”

    Sabalenka gave her opponent no chance with her thunderous groundstrokes, powering through the decider as Swiatek ran out of steam.

    “It could not be more perfect than that,” Sabalenka said of her third-set performance. “I’m super proud right now, I’m glad I found my serve (again in the third set).”

    Gauff had a much easier task against Boisson, the first player in the Open Era since 1968 to reach the last four of the French Open.

    The wild card, ranked 361st in the world at the start, had taken the tournament by storm, beating two seeded players on her French Open debut, including world number three Jessica Pegula, but her scintillating run came to an abrupt halt against Gauff.

    The 21-year-old second seed, who can become the first American since Serena Williams in 2015 to lift the Suzanne Lenglen Cup, was a cut above her opponent on the day.

    “This is my first time playing a French player here. I was mentally prepared that it (the crowd) was to be 99% for her so I was trying to block it out,” said Gauff.

    For 22-year-old Boisson, who had played only two matches on the main tour in her career prior to the tournament, Gauff proved too big a hurdle.

    “I don’t know how to say, but she played on the right and on the left and on the right,” Boisson said. “I just feel like I was running everywhere on the court today, so it was really tough.”

    “She was really solid, and I couldn’t play my game today because she was just too good.”

    (Reuters)

  • MIL-OSI Australia: Stay Safe at the Finke Desert Race this Weekend

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force will be out and about at the iconic 2025 Finke Desert Race, ensuring everyone enjoys a safe and incident-free long weekend.

    Police will be patrolling along the racetrack between Alice Springs and Finke, working closely with race organisers, officials and attendees.

    Key Safety Tips for Attendees:

    • Do not drive under the influence of drugs or alcohol.
    • Always wear your seatbelt.
    • Follow all road rules and drive to the conditions.
    • Be aware of your belongings; lock your house and car and keep valuables out of sight.
    • Ensure you camp or sit clear of the track and run-off areas.
    • Leave any unregistered vehicles or trailers at home.
    • Be respectful to the environment and other people.
    • Listen carefully to official safety announcements and follow all directions given.

    Emergency services will be stationed at the following locations along the racetrack:

    • Start/Finish Line – Alice Springs
    • Deep Well Checkpoint – 63 km
    • Rodinga Checkpoint – 94 km
    • Bundooma Checkpoint – 136 km
    • Mount Squires – 169 km
    • Start/Finish Line & Finke Campground – 223 km

    Superintendent Michael Budge said, “We ask all attendees, participants and members of the community to cooperate with police and officials across the long weekend.

    “The Finke Desert Race is a fantastic event, and we want everyone to enjoy a safe and fun weekend with their friends and family. Please remember to be aware of the risks motorsport presents and leave the racing to the competitors.

    “Have fun, be responsible, and reach out if you need us.”

    If you witness crime or antisocial behaviour, please contact police on 131 444. For emergencies, dial Triple Zero (000). For more event information, visit the official event website: www.finkedesertrace.com.au. 

    MIL OSI News –

  • Trump, Musk feud explodes with threats of cutting contracts, backing impeachment

    Source: Government of India

    Source: Government of India (4)

    President Donald Trump threatened on Thursday to cut off government contracts with billionaire Elon Musk’s companies, while Musk suggested Trump should be impeached, turning their bromance into an all-out brawl on social media.

    The hostilities began when Trump criticized Tesla CEO Musk in the Oval Office. Within hours, the once-close relationship had disintegrated in full public view, as the world’s most powerful man and its richest launched personal barbs at one another on Trump’s Truth Social and Musk’s X.

    “The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts,” Trump posted on Truth Social.

    Wall Street traders dumped shares of Musk’s electric vehicle maker and Tesla closed down 14.3%, losing about $150 billion in market value. It was Tesla’s largest single-day decline in value in its history.

    Minutes after the closing bell, Musk replied, “Yes,” to a post on X saying Trump should be impeached. Trump’s Republicans hold majorities in both chambers of Congress and are highly unlikely to impeach him.

    The trouble between the two started brewing days ago, when Musk denounced Trump’s sweeping tax-cut and spending bill. The president initially held his tongue while Musk campaigned to torpedo the bill, saying it would add too much to the nation’s $36.2 trillion in debt.

    Trump broke his silence on Thursday, telling reporters in the Oval Office he was “very disappointed” in Musk.

    “Look, Elon and I had a great relationship. I don’t know if we will anymore,” Trump said.

    While Trump spoke, Musk responded with increasingly acerbic posts on X.

    “Without me, Trump would have lost the election,” wrote Musk, who spent nearly $300 million backing Trump and other Republicans in last year’s election. “Such ingratitude.”

    In another post, Musk asserted that Trump’s signature tariffs would push the U.S. into a recession later this year.

    Besides Tesla, Musk’s businesses include rocket company and government contractor SpaceX and its satellite unit Starlink.

    Musk, whose space business plays a critical role in the U.S. government’s space program, said that as a result of Trump’s threats he would begin decommissioning SpaceX’s Dragon spacecraft. Dragon is the only U.S. spacecraft currently capable of sending astronauts to the International Space Station.

    Hours later, Musk appeared to reverse that move. Responding to a follower on X urging Musk and Trump to “cool off and take a step back for a couple of days,” Musk wrote: “Good advice. Ok, we won’t decommission Dragon.”

    In another possible sign of de-escalation on Thursday evening, Musk separately posted, “You’re not wrong,” in response to hedge fund manager Bill Ackman saying Trump and Musk should make peace.

    PUGILISTIC PAIR

    The feud was not entirely unexpected. Trump and Musk are both political pugilists with sizable egos and a penchant for using social media to punch back against their perceived enemies, and many observers had predicted an eventual falling out.

    Even before Musk’s departure from the administration last week, his influence had waned following a series of clashes with cabinet members over his cuts to their agencies.

    For Trump, the fight was the first major rift he has had with a top adviser since taking office for a second time, after his first term was marked by numerous blow-ups.

    Trump parted ways with multiple chiefs of staff, national security advisers and political strategists during his 2017-2021 White House tenure. A few, like Steve Bannon, remained in his good graces, while many others, like U.N. Ambassador John Bolton, became loud and vocal critics.

    After serving as the biggest Republican donor in the 2024 campaign season, Musk became one of Trump’s most visible advisers as head of the Department of Government Efficiency, which mounted a sweeping and controversial effort to downsize the federal workforce and slash spending.

    Musk was frequently present at the White House and made multiple appearances on Capitol Hill, sometimes carrying his young son.

    Only six days before Thursday’s blowup, Trump and Musk held an appearance in the Oval Office where Trump praised Musk’s government service and both men promised to continue working together.

    A prolonged feud between Trump and Musk could make it more difficult for Republicans to keep control of Congress in next year’s midterm elections. In addition to his campaign spending, Musk has a huge online following and helped connect Trump to parts of Silicon Valley and wealthy donors.

    Musk had already said he planned to curtail his political spending in the future.

    Soon after Trump’s Oval Office comments on Thursday, Musk polled his 220 million followers on X: “Is it time to create a new political party in America that actually represents the 80% in the middle?”

    ‘KILL THE BILL’

    Musk targeted what Trump has named his “big, beautiful bill” this week, calling it a “disgusting abomination” that would deepen the federal deficit. His attacks amplified a rift within the Republican Party that could threaten the bill’s prospects in the Senate.

    Nonpartisan analysts say Trump’s bill could add $2.4 trillion to $5 trillion to the nation’s $36.2 trillion in debt.

    Trump asserted that Musk’s true objection was the bill’s elimination of consumer tax credits for electric vehicles. The president also suggested that Musk was upset because he missed working for the White House.

    “He’s not the first,” Trump said on Thursday. “People leave my administration… then at some point they miss it so badly, and some of them embrace it and some of them actually become hostile.”

    Musk wrote on X, “KILL the BILL,” adding he was fine with Trump’s planned cuts to EV credits as long as Republicans rid the bill of “mountain of disgusting pork” or wasteful spending.

    He also pulled up past quotes from Trump decrying the level of federal spending, adding, “Where is this guy today?”

    Musk came into government with brash plans to cut $2 trillion from the federal budget. He left last week having cut only about half of 1% of total spending while causing disruption across multiple agencies.

    Musk’s increasing focus on politics provoked widespread protests at Tesla sites in the U.S. and Europe, driving down sales while investors fretted that Musk’s attention was too divided.

    (Reuters)

  • PM Modi to visit J&K today to launch ₹46,000 crore infra projects, inaugurate world’s highest rail bridge

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi will visit Jammu and Kashmir today to inaugurate several key infrastructure projects worth ₹46,000 crore.
     
    These initiatives aim to significantly boost road and rail connectivity across the Union Territory, with a focus on improving accessibility, promoting tourism, and generating employment.
     
    In a post on X, PM Modi responded to J&K Chief Minister Omar Abdullah, stating:  “Tomorrow, 6th June is indeed a special day for my sisters and brothers of Jammu and Kashmir. Key infrastructure projects worth ₹46,000 crores are being inaugurated which will have a very positive impact on people’s lives.
     
    During his visit, PM Modi will inaugurate the Chenab Bridge, the world’s highest railway arch bridge, situated 359 metres above the Chenab River. The 1,315-metre-long steel arch bridge is engineered to withstand seismic and wind forces and will cut travel time between Jammu and Srinagar by two to three hours when the new Vande Bharat trains operate on it.
     
    The Prime Minister will also inaugurate the Anji Bridge, India’s first cable-stayed rail bridge built in challenging terrain. Later, he will flag off Vande Bharat Express trains between Shri Mata Vaishno Devi Katra and Srinagar, enhancing travel options for residents, tourists, and pilgrims.
     
    The PM will dedicate the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project to the nation. The 272-km rail link, completed at a cost of around ₹43,780 crore, features 36 tunnels spanning 119 km and 943 bridges, providing seamless all-weather rail connectivity to the Kashmir Valley.
     
    Commenting further on X, PM Modi wrote: “In addition to being an extraordinary feat of architecture, the Chenab Rail Bridge will improve connectivity between Jammu and Srinagar. The Anji Bridge stands tall as India’s first cable-stayed rail bridge in a terrain that is challenging,” PM Modi said on X in reply to CM Abdullah’s post.”
     
    “The Udhampur-Srinagar-Baramulla Rail Link (USBRL) project ensures all weather connectivity and the Vande Bharat trains from Shri Mata Vaishno Devi Katra to Srinagar will boost spiritual tourism and create livelihood opportunities,” he added.
     
    In addition to rail infrastructure, the Prime Minister will lay the foundation stone and inaugurate road projects to improve last-mile connectivity, particularly in border areas. These include the widening of the Rafiabad-Kupwara stretch on NH-701 and the construction of the Shopian bypass on NH-444, with a combined investment exceeding ₹1,952 crore.
     
    He will also inaugurate two flyovers at Sangrama Junction on NH-1 in Srinagar and Bemina Junction on NH-44 to ease traffic congestion.
     
    Further, PM Modi will lay the foundation stone of the Shri Mata Vaishno Devi Institute of Medical Excellence in Katra. The ₹350 crore project will be the first medical college in Reasi district, enhancing healthcare infrastructure in the region.

  • MIL-OSI New Zealand: Arrest made over Pakuranga fire

    Source: New Zealand Police

    Counties Manukau Police have made an arrest following a fire at the McDonalds restaurant in Pakuranga last month.

    Detectives have been investigating the suspicious fire which occurred at the Pakuranga Road branch on 5 May.

    Detective Senior Sergeant Dean Batey, of Counties Manukau East CIB, says a 12-year-old young person has been arrested and charged with arson.

    “This young person has appeared in the Manukau Youth Court and is currently on court bail conditions,” he says.

    “Police appreciate the fire has been of high interest to the local community.

    “We are not able to comment further around the circumstances of the alleged offending, however Police cannot rule out any further arrests in relation to the matter.”

    ENDS.

    Jarred Williamson/NZ Police

    MIL OSI New Zealand News –

  • MIL-OSI Asia-Pac: Reappointment of Managing Director of Mandatory Provident Fund Schemes Authority announced

    Source: Hong Kong Government special administrative region

    Reappointment of Managing Director of Mandatory Provident Fund Schemes Authority announced 
         The Secretary for Financial Services and the Treasury, Mr Christopher Hui, welcomed the reappointment, adding, “Mr Cheng joined the MPFA in 2013 and has made valuable contributions to the MPFA since then. Under his leadership in the past three years, the MPFA has been actively taking forward various proposals to reform the Mandatory Provident Fund (MPF) System. In particular, the eMPF Platform, as a major reform initiative of the MPF System, has commenced operation since June 2024 with phased onboarding of MPF trustees under way. I look forward to Mr Cheng’s continuous effort in leading the MPFA to discharge its duties.”
     
         Mr Cheng Yan-chee was appointed Chief Corporate Affairs Officer of the MPFA in 2013 and Acting Managing Director in 2021. He has been the Managing Director of the MPFA since 2022.
     
         The MPFA is a statutory body established under the MPFSO in September 1998 for the regulation and supervision of the MPF System.
    Issued at HKT 12:00

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Appointment of Chairman of Insurance Appeals Tribunal announced

    Source: Hong Kong Government special administrative region

    Appointment of Chairman of Insurance Appeals Tribunal announced 
         A Government spokesman said, “The IAT provides an effective safeguard to ensure the relevant regulatory decisions made by the Insurance Authority (IA) are reasonable and fair. With his profound expertise in the legal profession and a wealth of experience in public service, we believe that Mr Ma will lead the IAT to operate effectively and raise public confidence in the insurance regulatory regime.”
     
         The Government also expressed gratitude to the outgoing Chairperson, Ms Rachel Lam Yan-kay, SC, for her valuable contribution and dedicated service. 
     
         The IAT is a statutory tribunal established in 2017 under the Insurance Ordinance (Cap. 41) to review specified decisions made by the IA, and to hear and determine a question or issue arising out of or in connection with a review. 
    Issued at HKT 12:00

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Stablecoins Ordinance to commence operation on August 1, 2025

    Source: Hong Kong Government special administrative region

    Stablecoins Ordinance to commence operation on August 1, 2025 
         The Ordinance was gazetted on May 30, 2025. Its main purpose is to supervise activities involving stablecoins, and to introduce a licensing regime for regulated stablecoin activities in Hong Kong. 
     
         Section 1(2) of the Ordinance provides that the Ordinance will come into operation on a day to be appointed by the Secretary for Financial Services and the Treasury (SFST) by notice published in the Gazette. For this purpose, the SFST has made the Stablecoins Ordinance (Commencement) Notice to appoint August 1, 2025, as the day on which the Ordinance comes into operation.
     
         At the same time, the Financial Secretary has made the Stablecoins Ordinance (Specification of Persons for Purposes of Section 9(2)(b)(iii)) Notice, to specify professional investors (within the meaning given by section 1 of Part 1 of Schedule 1 to the Securities and Futures Ordinance (Cap. 571)) as a class of persons for the purposes of section 9(2)(b)(iii) of the Ordinance, i.e. allowing the offering of specified stablecoins issued by a person who is not granted a licence under section 15 of the Ordinance to professional investors.
       
         The SFST, Mr Christopher Hui, said, “After the Ordinance commences operation, the licensing regime will provide suitable guardrails for relevant stablecoin activities. It will be a milestone in facilitating the sustainable development of the stablecoin and digital asset ecosystem in Hong Kong.”
     
         The Hong Kong Monetary Authority has also launched a consultation on the detailed regulatory requirements of the regime, including provisions related to anti-money laundering and the counter-financing of terrorism.
     
         The Notices will be tabled before the Legislative Council next Wednesday (June 11) for negative vetting.
    Issued at HKT 12:00

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: Beijing hosts festive event dedicated to Russian Language Day

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    Every year, June 6 marks the birthday of the great Russian writer, poet, prose writer and founder of modern Russian literature Alexander Pushkin, as well as International Russian Language Day. On this day, literary events are held around the world in honor of Pushkin Day, which are of great importance for specialists and scholars in the field of teaching Russian, students of Russian studies and all lovers of the Russian language.

    At this time of year, students of Russian language departments traditionally gather at the Russian Cultural Center in Beijing to celebrate this significant holiday together, socialize, and demonstrate their mastery of the Russian language.

    The day before, on June 5, the Russian Cultural Center in Beijing celebrated the Russian Language Day. More than ten universities and high schools from Beijing, Tianjin, as well as students of Russian language courses at the RCC gathered at the Center, giving the audience a real literary and musical holiday – beautiful Russian songs, poems were performed, and theatrical performances were presented!

    1 2   3   4   5   6   7   8   9   10   11   12   13   >  

    MIL OSI Russia News –

  • MIL-OSI Russia: China successfully launches new low-orbit satellite constellation to provide internet access

    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

    TAIYUAN, June 6 (Xinhua) — China on Friday successfully launched a new low-orbit satellite constellation to provide internet access from the Taiyuan Satellite Launch Center in north China’s Shanxi Province.

    The group, the fourth of its kind, was launched at 04:45 Beijing time by a modified Long March-6 carrier rocket. The satellites successfully entered their designated orbits.

    This flight was the 580th for the Long March series launch vehicles.

    MIL OSI Russia News –