Category: KB

  • MIL-OSI United Kingdom: New expertise joins NI Public Sector Transformation Board

    Source: United Kingdom – Executive Government & Departments

    News story

    New expertise joins NI Public Sector Transformation Board

    Secretary of State for Northern Ireland, Hilary Benn MP welcomes the news of the appointment of two new members to the Public Sector Transformation Board.

    • The expansion of the Board follows a productive agreement with the Finance Minister John O’Dowd MLA to update the Terms of Reference for the Transformation Board.
    • The two new expert board members are; Gareth Hetherington, Director of Ulster University Economic Policy; and, Professor Helen McCarthy, the NI Executive’s Chief Scientific Officer.
    • The Second Call has now launched to allocate the remaining £102 million of UK Government funding which will help improve public services, and address many of the challenges faced by people across Northern Ireland.

    Hilary Benn MP said:

    The significant progress made since the establishment of the Board has been really important. I was delighted to welcome the first tranche of funding in March this year when £129m was confirmed to help fund six transformation projects across the Departments of Health, Justice, Education and Infrastructure.

    The appointment of Gareth Hetherington and Professor Helen McCarthy will bolster the expertise of the Board as it assesses projects eligible for the remaining £102m allocation for transformation of public services in Northern Ireland. This funding will help build more resilient and responsive public services that better meet the needs of people across Northern Ireland.

    MIL OSI United Kingdom

  • MIL-OSI Economics: Sources of Variation in India’s Foreign Exchange Reserves during April-March 2024-25

    Source: Reserve Bank of India

    Today, the Reserve Bank of India released the balance of payments (BoP) data for the fourth quarter (Q4), i.e., January-March of 2024-25 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-March 2024-25 are detailed below in Table 1.

    Table 1: Sources of Variation in Foreign Exchange Reserves*
    (US$ billion)
    Items 2023-24 2024-25
    I.   Current Account Balance -26.1 -23.4
    II.   Capital Account (net) (a to f) 89.8 18.3
      a. Foreign Investment (i+ii) 54.2 4.5
        (i) Foreign Direct Investment (FDI) 10.2 1.0
        (ii) Portfolio Investment 44.1 3.6
            of which:    
              Foreign Institutional Investment (FII) 44.6 3.3
              ADR/GDR 0.0 0.0
      b. Banking Capital 40.5 -9.8
            of which: NRI Deposits 14.7 16.2
      c. Short-term Credit -0.8 7.2
      d. External Assistance 7.5 6.3
      e. External Commercial Borrowings -0.1 15.8
      f. Other Items in Capital Account -11.5 -5.6
    III.   Valuation Change 4.3 26.9
    IV.   Total (I+II+III) @
    Increase in reserves(+) / Decrease in reserves (-)
    68.0 21.9
    *: Based on the old format of BoP which may differ from the new format (BPM6) in the treatment of transfers under the current account and ADRs/ GDRs under portfolio investment.
    @: Difference, if any, is due to rounding off.
    Note: ‘Other Items in Capital Account’ apart from ‘Errors and Omissions’ includes SDR allocation, leads and lags in exports, funds held abroad, advances received pending issue of shares under FDI, capital receipts not included elsewhere, and rupee denominated debt.

    On a balance of payments basis (i.e., excluding valuation effects), foreign exchange reserves decreased by US$ 5.0 billion during 2024-25 as against an accretion of US$ 63.7 billion during 2023-24. Foreign exchange reserves in nominal terms (i.e., including valuation effects) increased by US$ 21.9 billion during 2024-25 as compared with an increase of US$ 68.0 billion in 2023-24 (Table 2).

    Table 2: Comparative Position of Variation in Reserves
    (US$ billion)
    Items 2023-24 2024-25
    1. Change in Foreign Exchange Reserves (i.e., Including Valuation Effects) 68.0 21.9
    2. Valuation Effects [Gain (+)/Loss (-)] 4.3 26.9
    3. Change in Foreign Exchange Reserves on BoP basis (i.e., Excluding Valuation Effects) 63.7 -5.0
    Note: Increase in reserves (+)/Decrease in reserves (-).
    Difference, if any, is due to rounding off.

    The valuation gain, primarily reflecting higher prices of gold and lower bond yields, amounted to US$ 26.9 billion during 2024-25 as compared with a valuation gain of US$ 4.3 billion during 2023-24.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/612

    MIL OSI Economics

  • MIL-OSI Economics: Developments in India’s Balance of Payments during the Fourth Quarter (January-March) of 2024-25

    Source: Reserve Bank of India

    Preliminary data on India’s balance of payments (BoP) for the fourth quarter (Q4), i.e., January-March 2024-25, are presented in Statements I and II.

    Key Features of India’s BoP in Q4:2024-25

    • India’s current account balance recorded a surplus of US$ 13.5 billion (1.3 per cent of GDP) in Q4:2024-25 as compared with US$ 4.6 billion (0.5 per cent of GDP) in Q4:2023-24 and against a deficit of US$ 11.3 billion (1.1 per cent of GDP) in Q3:2024-25.1
    • Merchandise trade deficit at US$ 59.5 billion in Q4:2024-25 was higher than US$ 52.0 billion in Q4:2023-24. However, it moderated from US$ 79.3 billion in Q3:2024-25.
    • Net services receipts increased to US$ 53.3 billion in Q4:2024-25 from US$ 42.7 billion a year ago. Services exports have risen on a y-o-y basis in major categories such as business services and computer services.
    • Net outgo on the primary income account, primarily reflecting payments of investment income, moderated to US$ 11.9 billion in Q4:2024-25 from US$ 14.8 billion in Q4:2023-24.
    • Personal transfer receipts, mainly representing remittances by Indians employed overseas, rose to US$ 33.9 billion in Q4:2024-25 from US$ 31.3 billion in Q4:2023-24.
    • In the financial account, foreign direct investment (FDI) recorded a net inflow of US$ 0.4 billion in Q4:2024-25 as compared to an inflow of US$ 2.3 billion in the corresponding period of 2023-24.
    • Foreign portfolio investment (FPI) recorded a net outflow of US$ 5.9 billion in Q4:2024-25 as against a net inflow of US$ 11.4 billion in Q4:2023-24.
    • Net inflows under external commercial borrowings (ECBs) to India amounted to US$ 7.4 billion in Q4:2024-25, as compared to US$ 2.6 billion in the corresponding period a year ago.
    • Non-resident deposits (NRI deposits) recorded a net inflow of US$ 2.8 billion in Q4:2024-25, lower than US$ 5.4 billion a year ago.

    BoP During 2024-25

    • India’s current account deficit at US$ 23.3 billion (0.6 per cent of GDP) during 2024-25 was lower than US$ 26.0 billion (0.7 per cent of GDP) during 2023-24, primarily due to higher net invisibles receipts.

    • During 2024-25, FPI recorded a net inflow of US$ 3.6 billion, lower than US$ 44.1 billion a year ago.

    Table 1: Major Items of India’s Balance of Payments
    (US$ billion)
      January-March 2024 PR January-March 2025 P 2023-24 PR 2024-25 P
      Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net
    A. Current Account 253.5 248.9 4.6 264.9 251.4 13.5 942.8 968.9 -26.0 1018.3 1041.6 -23.3
    1. Goods 121.6 173.6 -52.0 116.3 175.8 -59.5 441.4 686.4 -244.9 441.8 729.0 -287.2
       of which:                        
          POL 22.2 48.8 -26.5 14.1 44.3 -30.2 84.2 178.7 -94.6 63.3 185.8 -122.4
    2. Services 89.4 46.7 42.7 102.0 48.7 53.3 341.1 178.3 162.8 387.5 198.7 188.8
    3. Primary Income 10.5 25.3 -14.8 11.9 23.8 -11.9 41.5 91.2 -49.7 53.4 101.8 -48.4
    4. Secondary Income 32.1 3.4 28.7 34.7 3.2 31.5 118.9 13.0 105.9 135.6 12.1 123.5
    B. Capital Account and Financial Account 248.0 253.3 -5.2 255.8 270.2 -14.4 851.9 826.3 25.6 1154.5 1132.8 21.7
       of which:                        
    1. Direct Investment 20.2 17.9 2.3 18.5 18.1 0.4 74.9 64.8 10.2 84.2 83.2 1.0
    2. Portfolio Investment 138.9 127.5 11.4 126.0 131.8 -5.9 466.1 422.0 44.1 639.3 635.8 3.6
    3. Other Investments 82.7 67.7 14.9 106.2 98.8 7.4 287.8 244.7 43.1 368.6 334.2 34.5
       of which:                        
         NRI Deposits 26.0 20.7 5.4 26.3 23.5 2.8 88.6 73.9 14.7 104.5 88.4 16.2
         ECBs to India 11.7 9.2 2.6 15.6 8.2 7.4 33.5 29.9 3.5 47.8 29.4 18.4
    4. Reserve Assets [Increase (-)/Decrease (+)] 0.0 30.8 -30.8 0.0 8.8 -8.8 0.0 63.7 -63.7 37.7 32.6 5.0
    C. Errors & Omissions (-) (A+B) 0.6 0.0 0.6 0.9 0.0 0.9 1.6 1.2 0.4 2.0 0.4 1.5
    PR: Partially Revised; and P: Preliminary.
    Note: Total of sub-components may not tally with aggregate due to rounding off.

    (Puneet Pancholy)   
    Chief General Manager

    Press Release: 2025-2026/611


    MIL OSI Economics

  • MIL-OSI Economics: AML/CFT Handbook updated to reflect National Risk Appetite Statement

    Source: Isle of Man

    The Isle of Man Government has recently published a National Risk Appetite Statement (NRAS) with a focus on the eGaming sector and related industries.

    The NRAS has been produced in response to the evolving threat landscape, particularly from serious and organised crime in East and Southeast Asia. The NRAS provides clear, actionable guidance for businesses to assess and manage risks in both new and existing relationships.

    In conjunction with this cross-agency initiative, the Authority has updated its AML/CFT Handbook to reference the NRAS and provide guidance on where this should be considered by relevant persons in the course of their business activities.

    The revised Handbook includes links to the NRAS Frequently Asked Questions, along with an update to the Business Risk Assessment guidance in section 2.2.8.

    MIL OSI Economics

  • MIL-OSI Economics: Indicative Calendar of Market borrowings by State Governments/ Union Territories for the Quarter July – September 2025

    Source: Reserve Bank of India

    The Reserve Bank of India, in consultation with the State Governments/Union Territories (UTs), announces that the quantum of total market borrowings by the State Governments/UTs for the quarter July – September 2025, is expected to be ₹2,86,696 Crore. The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation and tentative amounts indicated by them is as under:

    Month Proposed Date Expected quantum of borrowing
    (in ₹ Cr)
    States/UTs who have confirmed participation and the tentative amount of borrowing (in ₹ Cr)
    July 2025 July 01, 2025
    (Tuesday)
    18,100 Andhra Pradesh 2000
    Assam 900
    Gujarat 1,000
    Himachal Pradesh 1,200
    Kerala 2,000
    Maharashtra 6,000
    Rajasthan 500
    Tamil Nadu 2,000
    Telangana 1,500
    West Bengal 1,000
    July 08, 2025
    (Tuesday)
    22,400 Bihar 2,000
    Goa 100
    Gujarat 2,000
    Haryana 1,000
    Jammu & Kashmir 400
    Kerala 1,000
    Madhya Pradesh 4,800
    Maharashtra 4,000
    Mizoram 100
    Odisha 1,000
    Punjab 500
    Rajasthan 1,000
    Tamil Nadu 2,000
    Uttar Pradesh 2,500
    July 15, 2025
    (Tuesday)
    17,400 Bihar 2,000
    Chhattisgarh 1,000
    Goa 100
    Jammu & Kashmir 700
    Maharashtra 6,000
    Nagaland 300
    Odisha 1,000
    Puducherry 200
    Punjab 500
    Tamil Nadu 2,000
    Telangana 1,000
    Tripura 600
    West Bengal 2,000
    July 22, 2025
    (Tuesday)
    18,500 Bihar 2,000
    Goa 100
    Haryana 2,000
    Maharashtra 4,000
    Manipur 250
    Meghalaya 150
    Odisha 1,000
    Punjab 500
    Tamil Nadu 2,000
    Telangana 1,000
    Uttar Pradesh 2,500
    West Bengal 3,000
    July 29, 2025
    (Tuesday)
    26,500 Assam 500
    Chhattisgarh 1,000
    Gujarat 3,000
    Haryana 1,000
    Kerala 2,000
    Madhya Pradesh 4,000
    Maharashtra 4,000
    Punjab 500
    Rajasthan 4,000
    Sikkim 500
    Tamil Nadu 3,000
    Telangana 1,000
    West Bengal 2,000
    August 2025 August 05, 2025
    (Tuesday)
    26,717 Andhra Pradesh 5,500
    Assam 900
    Bihar 2,000
    Goa 100
    Haryana 1,000
    Himachal Pradesh 800
    Jammu & Kashmir 317
    Kerala 2,000
    Maharashtra 4,000
    Mizoram 100
    Odisha 1,000
    Punjab 1,500
    Rajasthan 1,000
    Tamil Nadu 2,000
    Uttarakhand 500
    Uttar Pradesh 2,500
    West Bengal 1,500
    August 12, 2025
    (Tuesday)
    14,700 Bihar 2,000
    Kerala 2,000
    Maharashtra 5,000
    Manipur 200
    Punjab 1,000
    Tamil Nadu 2,000
    Telangana 1,500
    West Bengal 1,000
    August 19, 2025
    (Tuesday)
    26,150 Bihar 2,000
    Goa 100
    Gujarat 2,000
    Haryana 1,500
    Kerala 1,000
    Madhya Pradesh 4,800
    Maharashtra 4,000
    Meghalaya 450
    Odisha 1,000
    Puducherry 200
    Punjab 500
    Tamil Nadu 2,000
    Telangana 1,000
    Tripura 600
    Uttarakhand 500
    Uttar Pradesh 2,500
    West Bengal 2,000
    August 26, 2025
    (Tuesday)
    20,850 Assam 450
    Goa 100
    Gujarat 2,000
    Haryana 1,500
    Jammu & Kashmir 800
    Kerala 2,000
    Maharashtra 4,000
    Rajasthan 4,000
    Tamil Nadu 3,000
    Telangana 1,000
    West Bengal 2,000
    September 2025 September 02, 2025
    (Tuesday)
    21,400 Andhra Pradesh 4,000
    Assam 500
    Bihar 2,000
    Chhattisgarh 1,500
    Goa 100
    Gujarat 2,000
    Himachal Pradesh 800
    Kerala 1,000
    Maharashtra 3,000
    Punjab 1,500
    Rajasthan 1,000
    Tamil Nadu 2,000
    Uttarakhand 500
    West Bengal 1,500
    September 09, 2025
    (Tuesday)
    15,150 Goa 150
    Haryana 1,500
    Jammu & Kashmir 700
    Maharashtra 4,000
    Nagaland 300
    Odisha 1,000
    Punjab 500
    Tamil Nadu 2,000
    Telangana 1,000
    Uttar Pradesh 2,500
    West Bengal 1,500
    September 16, 2025
    (Tuesday)
    23,629 Assam 500
    Bihar 2,000
    Gujarat 1,500
    Haryana 1,000
    Madhya Pradesh 4,800
    Maharashtra 3,000
    Meghalaya 100
    Mizoram 150
    Rajasthan 1,500
    Tamil Nadu 2,000
    Telangana 1,000
    Tripura 579
    Uttarakhand 500
    Uttar Pradesh 2,000
    West Bengal 3,000
    September 23, 2025
    (Tuesday)
    20,100 Assam 500
    Goa 100
    Haryana 1,500
    Kerala 1,000
    Maharashtra 4,000
    Odisha 1,000
    Punjab 500
    Sikkim 500
    Tamil Nadu 4,000
    Telangana 1,000
    Uttar Pradesh 2,500
    West Bengal 3,500
    September 30, 2025
    (Tuesday)
    15,100 Assam 500
    Goa 100
    Gujarat 2,000
    Haryana 1,000
    Kerala 1,000
    Maharashtra 4,000
    Punjab 1,000
    Rajasthan 4,000
    Telangana 1,000
    Uttarakhand 500
    Total 2,86,696   2,86,696

    The actual amount of borrowings and the details of the States/UTs participating would be intimated by way of press releases two/ three days prior to the actual auction day and would depend on the requirement of the State Governments/UTs, approval from the Government of India under Article 293(3) of the Constitution of India and market conditions. RBI would endeavour to conduct the auctions in a non-disruptive manner, taking into account the market conditions and other relevant factors and distribute the borrowings evenly throughout the quarter. RBI reserves the right to modify the dates and the amount of auction in consultation with State Governments/UTs.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/613

    MIL OSI Economics

  • MIL-OSI Economics: Samsung Onyx Meets Golden Globes® Winner Matīss Kaža, Producer of Flow

    Source: Samsung

    Visual and immersive storytelling is central to how a film is experienced on the big screen by moviegoers. As more people seek premier theatre experiences, filmmakers are increasingly embracing cinema LED screens over projectors to deliver their creations in a way audiences haven’t experienced before, fully immersing the viewer in the worlds they create.
     
    Following the launch of the latest Samsung Onyx (ICD), Matīss Kaža, Golden Globes® winner, Academy Award® winner, and producer of the film ‘Flow’, shared his insights on how Onyx is pushing the boundaries in cinema.
     
    Matīss Kaža is a Latvian director, writer, and producer, renowned for co-writing and co-producing the animated film Flow (2024), which won a Golden Globe® Award for Best Motion Picture – Animated, an Academy Award® for Best Animated Feature, a Toronto International Film Festival – Best Animated Film, a European Film Awards for European Animated Feature Film, and more. His projects have a strong sense of authorship and cinematic vision that resonates beyond national borders.
     
    

    Q: Could you tell us a bit about what the film Flow is about?
     
    Flow is an animated film, without any dialogue, telling the story of a solitary, individualist cat who likes to be by himself. Then suddenly comes this huge flood, destroying the cat’s home and forcing it upon a boat with other animals. On this boat, the cat learns to collaborate and become friends with these animals to survive this new, beautiful and humanless world.
     
    Matīss Kaža shares his experience of watching his work on Samsung Onyx (Poster: Courtesy of Sideshow and Janus Films)
     
     
    Q: As a dialogue-free film, how does a Cinema LED screen enhance the viewing experience for the audience?
    One of the goals of Flow as a dialogue-free film is to essentially have the audience come as close to the cat’s experience as possible, since the film is built around the contrast between the main protagonist and the world around it. Cinema is all about detailing in the visual storytelling, and this comes through on Onyx very well. The world is vividly colourful with the yellows, greens, and blues—and then the cat is dark gray. There’s a huge contrast that shines through when watching on the Onyx screen, with its vivid colours and deep blacks.
     
     
    Flow, played on Samsung Onyx
     
     
    Q: How did the team work through the movements of each of the animals?
     
    We studied the movements of these real animals, down to the most meticulous detail, to make sure our approach to the film was naturalistic for the audience. For example, when something attracts the cat’s attention, rather than twisting its head to look, it would just twist the ear.
     
    Each animal moves in different ways and has different silhouettes, weights, and verticality. It was important for us to nail this process when making the film for the audience to feel fully immersed in this world.
     
    Q: How did it feel to watch Flow on the Samsung Onyx Cinema LED screen?
     
    Many scenes in the film feature foreground and background interactions, and the audience can fully enjoy and experience exactly how we wanted the film to look. The movements are also very clear, and you can see how all the different characters have their particularities, down to the most subtle interactions. From the smallest twitching in the ear and the smallest gaze of the eye, or any little interaction, the level of detail on Onyx makes these perfectly visible for the audience.
     
    “I would have to say that Flow on the Onyx screen really flows.”
     
     
    Q: Did you notice anything new or different about Flow after seeing it on Samsung Onyx?
     
    How vivid the colour was in the beginning – where the cat is still in its home, which is a lovely sculpture garden – really stood out to me. The finer details, like the little butterflies and critters flying around, give this emotion of calmness that might not be noticeable on other screens. The Onyx truly shows the film for what it is—there is very crisp detail and clarity—and it displays things that would go unnoticed in other situations.
     
    “On the Onyx, these little details were perfectly visible –
    details which give a lot to the atmosphere, to the peaceful tone of the scene,”
     
     
    Flow, played on Samsung Onyx
     
     
    Q: Water is a core element of the film. Can you tell us more about its purpose and how the team uses it to add to the story?
     
    The most difficult part of making this movie is the water effect. The dynamics of the water in the storytelling is really important because it’s one of the central metaphors of the film.
     
    On an Onyx screen, you can explicitly see the difference between the little waves in the puddle at the beginning and end of the film. These details are so important to the storytelling, and it really comes through here on the Onyx.
     
    Courtesy of Sideshow and Janus Films
     
    Q: How do the colour, image details, and storytelling jump out more on a screen like Onyx compared to other traditional methods?
     
    Because there is no dialogue in this film, we relied solely on visual storytelling. In terms of visual storytelling, colour is essential—setting the right levels of contrast and the exact color palette—for the scene. It’s what creates the mood and the atmosphere.
     
    These aspects are fundamental to the film and are captured precisely, just as we intended. Every detail and colour really shines on the Onyx screen.
     
     
     
    “Cinema is all about the detail in the storytelling, It always comes through in the detail. And that comes through on the Onyx” says Matīss Kaža, co-writer and co-producer of animated film Flow (2024)
     
     
     
    Q: As a filmmaker, do the capabilities of Onyx help inspire your creative direction for upcoming projects?
     
    I love it when the theatrical experience has me in the middle of the experience, trying to decode what is going on. Filmmakers can do a lot of interesting things using environments, visuals, and powerful storytelling to put audience members in an active relationship with the film. The crispness and range of colours offered on the Onyx bring us back to why we love seeing motion pictures on the big screen. It’s super immersive, and the level of detailing is just incredible.
     
     
    Q: Anything else you would like us to know?
     
    “I do filmmaking for the cinema-going experience;
    that’s where the film really shines.”
     
    Cinemas are where you see the picture as you’re supposed to see it. Every cinematographer and director, I think, has had to come to terms with different cinemas showing different images when using traditional projection. With the uniform approach that the Onyx has, I think that problem might be solved.
     
     
    “Every detail and color really shines on the Onyx screen,” says Matīss Kaža, co-writer and co-producer of animated film Flow (2024)

    MIL OSI Economics

  • MIL-OSI Asia-Pac: Digital asset consultation begins

    Source: Hong Kong Information Services

    The Financial Services & the Treasury Bureau (FSTB) and the Securities & Futures Commission (SFC) today launched a joint public consultation on the legislative proposals for establishing licensing regimes for digital asset (DA) dealing and custodian service providers.

    The public consultation will last until August 29.

    Under the proposed licensing regime for DA dealing service providers, any person who carries on a business of providing DA dealing services in Hong Kong will have to be licensed by or registered with the SFC.

    Also, irrespective of whether the relevant DA dealing services are provided through a physical outlet and/or other platforms, both simple dealing services and more complex services will fall under the scope of the licensing regime.

    In addition, licensed or registered providers of DA dealing services will need to meet fit-and-proper criteria and comply with a range of regulatory requirements.

    The licensing regime will be fully implemented on the date the relevant statutory provisions come into effect.

    Meanwhile, under the proposed licensing regime for DA custodian service providers, any person carrying on a business in Hong Kong of providing DA custodian services will have to be licensed by or registered with the SFC.

    Licensed or registered providers of DA custodian services will also need to meet fit-and-proper criteria and comply with a range of regulatory requirements.

    Secretary for Financial Services & the Treasury Christopher Hui said the Government is striving to build Hong Kong into a premier global hub for DAs, adding that upholding investor protection is of utmost concern.

    “The proposed licensing regimes will lay a solid foundation for us to establish a comprehensive regulatory framework for DAs with investor and customer protection at its core.

    “The move will also help realise our vision to build Hong Kong’s DA ecosystem into a highly trusted one that will flourish sustainably and responsibly in a risk-managed manner, thereby delivering concrete benefits to the real economy and financial markets.”

    The public and stakeholders can submit their views by post to the FSTB at 24/F, Central Government Offices, 2 Tim Mei Avenue, Tamar, Hong Kong.

    They can also send their views on the licensing regime for DA trading service providers or the licensing regime for DA custodian service providers by email.

    MIL OSI Asia Pacific News

  • MIL-OSI Video: Deputy Minister Nonceba Mhlauli attends the G20 Intergenerational Roundtable

    Source: Republic of South Africa (video statements)

    Deputy Minister Nonceba Mhlauli attends the G20 Intergenerational Roundtable

    https://www.youtube.com/watch?v=h0z8IMXNoRU

    MIL OSI Video

  • MIL-OSI Africa: Government identifies 59 biodiversity projects to unlock green finance

    Source: South Africa News Agency

    Government has identified 59 bankable biodiversity projects that are expected to generate at least $450,000 in green finance, Minister of Forestry, Fisheries and the Environment, Dr Dion George announced during the department’s budget vote speech in Parliament on Friday.

    These funds were identified through the biodiversity sector investment portal, which links investors with bankable projects as a means of growing the biodiversity economy. 

    The portal is among the initiatives by the Department of Forestry, Fisheries and the Environment (DFFE) has undertaken to position the department as a national leader in environmental financing.

    “In the face of budget cuts, the DFFE is doubling down on financial discipline and innovation to ensure every rand unlocks value for people and the environment. Our proactive spending review, initiated in October 2024, has identified significant cost-saving opportunities,  aiming to redirect resources towards high-impact environmental and conservation initiatives.

    “Each branch is now mandated to explore new revenue streams, reduce unnecessary expenditure, and secure sustainable financing. Work has also begun on draft regulations to unlock the value of carbon credits,” the Minister said.

    These will lay the groundwork for monetising environmental assets under the department’s portfolio – supporting job creation, habitat conservation, private sector investment, and financing of priority programmes. 

    “This marks a bold step toward positioning DFFE as a national leader in environmental financing. To support this broader mandate, we have launched discussions with international donors, private partners, and philanthropies.

    “The Green Fund, managed by the Development Bank of Southern Africa (DBSA), continues to channel public funding into innovative climate, energy, and waste projects. Our investment portal for the biodiversity economy has already spotlighted 59 bankable projects, leading to at least $450,000 in green finance committed,” he said.

    George assured parliament that the department’s entities continue to deliver exceptional impact – conserving our heritage, generating jobs, and building community resilience.

    “The South African National Parks (SANParks)  has placed inclusive development at the centre of its conservation mandate. Over the past five years, it has provided over 21 000 full-time jobs through the Expanded Public Works Programme, supported 3 127 small, micro and medium enterprises (SMMEs), and delivered 2 264 animals to emerging game farmers—ensuring that protected areas become engines of opportunity for surrounding communities.

    “iSimangaliso Wetland Park Authority is advancing its commercialisation strategy, with 62 contracts already signed and new revenue from tourism concessionaires set to flow directly to the entity from 1 September 2025,” the Minister said.

    As the nation’s frontline in early warning systems, the South African Weather Service has issued nearly 1 400 severe weather alerts last year and reached over 2 million vulnerable citizens through a targeted community radio programme and 32 outreach events. 

    “These efforts not only save lives but empower South Africans with climate information they can act on. The South African National Bioinformatics Institute (SANBI), South Africa’s national biodiversity steward, continues to lead in climate finance. A $40 million Green Climate Fund project will launch this year, benefiting over 350,000 people directly and 1.5 million indirectly through investments in ecosystem-based disaster risk reduction.

    “These achievements demonstrate that when we invest in our environmental entities, we invest in jobs, resilience, and a sustainable future,” the Minister said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: SA ratifies landmark women and youth protocol for inclusive trade

    Source: South Africa News Agency

    South Africa has taken a significant step in fostering inclusive growth by officially ratified the Protocol Women and Youth in Trade under the African Continental Free Trade Area.

    This was announced by Deputy President Paul Mashatile, who addressed the High-Level G20 Intergenerational Roundtable, hosted by the National Youth Development Agency (NYDA) on Friday.

    “This milestone is not just a symbolic gesture; it is a decisive policy action that signals our intent to mainstream gender and youth equity within intra-African trade policy.

    “The protocol is significant because it operationalises the inclusion of woman-led and youth-led enterprises in regional and global value chains. It mandates the removal of structural trade barriers, prioritises access to information, finances, and markets, as well as requires state parties to create enabling legal and policy environments for inclusive economic participation,” he said.

    The Deputy President reflected on the continent’s youthful population and noted that youth “remain on the margins of formal trade”.

    Therefore, the protocol on women and youth will assist to “rewire trade systems to reflect demographic and developmental realities”.

    “South Africa’s ratification means we are committed not only to advocating for inclusive trade but also to designing trade systems that are fit for purpose. This inclusion reinforces South Africa’s leadership role on the continent and supports the broader message of building youth capabilities for a developmental State.

    “We understand that we need young people to meaningfully build capable, ethical, and developmental states. We must integrate youth into national and continental planning frameworks, not just as beneficiaries but also as co-architects of development,” he said.

    Promoting inclusive growth

    Mashatile emphasised that a “functioning and competent” government is needed if youth are to break free from marginalisation.

    “Therefore, the first and most pressing priority of our government is the promotion of inclusive economic growth, industrialisation, employment, and reducing inequality.

    “The time has come for us to move beyond inclusion as a moral goal and make it a measurable outcome.

    “In this regard, it is important for the economy to strengthen the viable pathways for youth inclusion. We have noted that young people complain about the red tape and bureaucratic hurdles they need to overcome to access services designed to support and scale their entrepreneurial effort,” Mashatile said.

    He noted that a specialised unit has been established in the Presidency to address the business climate and address regulatory challenges.

    “This team is adopting a coordinated, cross-sectoral approach, engaging various government departments and entities to streamline processes and enable business growth.

    “Key interventions in this regard will target the removal of administrative bottlenecks in strategic sectors. These include improvements to the mining licensing framework, facilitation of tourism transport permits, and streamlining of visa and work permit processes, as well as regulatory support for early childhood development services and the informal economy,” Mashatile said.

    Furthermore, government will:

    • Anchor youth inclusion in every major pillar of our G20 Presidency, from climate finance and trade facilitation to digital transformation and skills mobility.
    • Institutionalise intergenerational co-leadership in governance frameworks, moving beyond consultation to shared power and shared design.
    • Work with regional and global partners to implement targeted reforms that enable young people to start businesses, access capital, and engage in cross-border trade.

    “The developmental State we seek to build is not a theoretical construct; it must be a living architecture built on the capabilities, aspirations, and contributions of its young people.

    “This roundtable has made one thing clear: youth are not merely beneficiaries of policy; they are builders of nations. We must now ensure that the decisions we take at multilateral forums reflect this truth. 

    “Let the G20 remember that Africa is young. South Africa is ready, and we want young people to take the lead in the developmental and transformation agenda. The future is yours, and you are the future. Stand up, persevere, and confront every challenge with persistence. We are here to provide you with the support you need as you navigate this process,” the Deputy President concluded. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: TNPA issues RFP for appointment of Terminal Operator at the Port of Ngqura

    Source: South Africa News Agency

    Friday, June 27, 2025

    The Transnet National Ports Authority (TNPA) has issued a Request for Proposals (RFP) for the appointment of a Terminal Operator to fund, design, develop, construct, operate, maintain and transfer a liquid bulk terminal at the Port of Ngqura for a concession period of 25 years.

    The RFP is a ground-breaking milestone in the relocation of the tank farm from the Port of Port Elizabeth to the Port of Ngqura, in line with approved port development plans. 

    The move comes as Transnet is implementing its Reinvent for Growth Strategy, which seeks to transform and grow the business. The new terminal will include liquid bulk storage tanks, road tanker loading gantries, pipelines and the necessary terminal operation infrastructure.

    The landside operation of the proposed terminal is earmarked for the port’s Liquid Bulk Precinct located at the eastern extents of the back of port land adjacent to the N2. 

    Future developments planned for this precinct will be further developed for energy-related commodities, such as Liquified Natural Gas (LNG).

    “The development of the liquid bulk terminal demonstrates TNPA’s commitment to relocate the liquid bulk operations to the Port of Ngqura. This terminal is intended to foster regional and national economic growth while ensuring environmental sustainability,” said acting General Manager for Commercial Services at TNPA, Dr Dineo Mazibuko.

    The TNPA takes pride in the Port of Ngqura being the only South African commercial seaport in possession of an environmental authorisation for its port operation. 

    In keeping with this green status, the appointed terminal operator will ensure compliance with all relevant environmental, safety and regulatory standards. – SAnews.gov.za

    MIL OSI Africa

  • MIL-Evening Report: The ‘Godfather of Human Rights’ Ken Roth on genocide, Trump and standing up for democracy

    By Richard Larsen, RNZ News producer — 30′ with Guyon Espiner

    The former head of Human Rights Watch — and son of a Holocaust survivor — says Israel’s military campaign in Gaza will likely meet the legal definition of genocide, citing large-scale killings, the targeting of civilians, and the words of senior Israeli officials.

    Speaking on 30′ with Guyon Espiner, Ken Roth agreed Hamas committed “blatant war crimes” in its attack on Israel on October 7 last year, which included the abduction and murder of civilians.

    But he said it was a “basic rule” that war crimes by one side do not justify war crimes by the other.

    There was indisputable evidence Israel had committed war crimes in Gaza and might also be pursuing tactics that fit the international legal standard for genocide, Roth said.

    30′ with Guyon Espiner Kenneth Roth    Video: RNZ

    “The acts are there — mass killing, destruction of life-sustaining conditions. And there are statements from senior officials that point clearly to intent,” Roth said.

    The accusation of genocide is hotly contested. Israel says it is fighting a war of self-defence against Hamas after it killed 1200 people, mostly civilians. It claims it adheres to international law and does its best to protect civilians.

    It blames Hamas for embedding itself in civilian areas.

    But Roth believes a ruling may ultimately come from the International Court of Justice, especially if a forthcoming judgment on Myanmar sets a precedent.

    “It’s very similar to what Myanmar did with the Rohingya,” he said. “Kill about 30,000 to send 730,000 fleeing. It’s not just about mass death. It’s about creating conditions where life becomes impossible.”

    ‘Apartheid’ alleged in Israel’s West Bank
    Roth has been described as the ‘Godfather of Human Rights’, and is credited with vastly expanding the influence of the Human Rights Watch group during a 29-year tenure in charge of the organisation.

    In the full interview with Guyon Espiner, Roth defended the group’s 2021 report that accused Israel of enforcing a system of apartheid in the occupied West Bank.

    “This was not a historical analogy,” he said, implying it was a mistake to compare it with South Africa’s former apartheid regime.

    “It was a legal analysis. We used the UN Convention against Apartheid and the Rome Statute, and laid out over 200 pages of evidence.”

    Kenneth Roth appears via remote link in studio for an interview on season 3 of 30′ with Guyon Espiner. Image: RNZ

    He said the Israeli government was unable to offer a factual rebuttal.

    “They called us biased, antisemitic — the usual. But they didn’t contest the facts.”

    The ‘cheapening’ of antisemitism charges
    Roth, who is Jewish and the son of a Holocaust refugee, said it was disturbing to be accused of antisemitism for criticising a government.

    “There is a real rise in antisemitism around the world. But when the term is used to suppress legitimate criticism of Israel, it cheapens the concept, and that ultimately harms Jews everywhere.”

    Roth said Israeli Prime Minister Benjamin Netanyahu had long opposed a two-state solution and was now pursuing a status quo that amounted to permanent subjugation of Palestinians, a situation human rights groups say is illegal.

    “The only acceptable outcome is two states, living side by side. Anything else is apartheid, or worse,” Roth said.

    While the international legal process around charges of genocide may take years, Roth is convinced the current actions in Gaza will not be forgotten.

    “This is not just about war,” he said. “It’s about the deliberate use of starvation, displacement and mass killing to achieve political goals. And the law is very clear — that’s a crime.”

    Roth’s criticism of Israel saw him initially denied a fellowship at Harvard University in 2023. The decision was widely seen as politically motivated, and was later reversed after public and academic backlash.

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

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI United Kingdom: Update: Progressing friendship arrangement with city of Hebron, Palestine

    Source: City of Preston

    In March 2025, Preston City Council Cabinet Members chose the City of Hebron in Palestine to explore the possibilities of an informal friendship agreement between the two cities.

    The Council wants to extend the hand of friendship as a symbol of our support for the people of Palestine, through the wider Middle East and those of all faiths and communities who are suffering through conflict across the globe.

    At full council today (26 June 2025), members passed the recommendation to enter into a friendship arrangement with the City of Hebron facilitated by the Britain Palestinian Friendship and Twinning Network.

    The network is a voluntary organisation with no political ties, made up of a network of different groups with different activities, constitutions, sizes, locations and members.  

    Preston is a City of Sanctuary, offering a safe place of refuge to those fleeing war and persecution across the world, and an early adopter of the Faith Covenant, respecting differing beliefs and faiths, working together for the common good.

    The progression of the friendship will be supported by an informal network of representatives of interested parties and initially chaired by the Council’s Champion for Communities. All representatives of the Faith Covenant will be invited to sit on this network, as will other key representatives from public, civic, education and private business organisations.

    Hebron is considered one of the oldest cities in the Middle East, located in the southern part of the Occupied West Bank, 30 kilometres (19 miles) south of Jerusalem. It has a population of more than 201,000 and is believed to have lots of commonalities with Preston including a multi-cultural and diverse population.  Hebron is a chief commercial and industrial centre in the region with its main trade in limestone from nearby quarries and with a local reputation for grapes, figs, ceramics, plastics and pottery.  

    Councillor Matthew Brown, Leader of Preston City Council said:

    A friendship arrangement with Hebron is not merely a symbolic gesture. We will do what we can to offer practical support and aid, and seek to build links between local schools, churches, mosques, community centres and other types of organisations. We will promote the need for peace to prevail and hopefully after the conflict in the region ends, we can arrange visits to both Palestine and Preston to promote greater understanding, lasting peace and friendship for all.”

    Councillor Nweeda Khan, Champion for Communities added:

    “We appreciate the complexity and emotive nature of this proposal but feel we owe it to our local communities to recognise the plight of people in the Middle East caught up in the current conflict. The spirit in which we would like to progress our friendship with Hebron is that by building bonds and strengthening ties, lasting relationships built on understanding, openness, tolerance and inclusion will eradicate hate and division between communities.”

    The Council also remains committed to exploring a similar friendship with an Israeli town or city, should a similar body to the Palestinian Friendship Association can be indentified to help guide and support our work.

    MIL OSI United Kingdom

  • MIL-OSI Russia: Seven killed, 16 injured in road crash in central Philippines

    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

    MANILA, June 27 (Xinhua) — Seven people were killed and 16 others were injured when a mini dump truck crashed in Silay, central Philippines’ Negros Occidental province, on Friday morning, local authorities said.

    All the deceased worked in the city administration. The accident occurred when they were returning from an environmental event.

    Authorities say the driver apparently lost control of the steering wheel and the vehicle then rolled over.

    An investigation into the cause of the accident is underway. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: The number of private sector businesses is growing in 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 27 (Xinhua) — The number of private sector businesses in China reached 185 million by the end of May, up 2.3 percent year on year, official data showed Friday.

    According to the State Administration for Market Regulation of the People’s Republic of China, the private sector, which includes private enterprises and sole proprietors, accounted for 96.76 percent of the total number of business entities in the country.

    The number of private enterprises has exceeded 58 million, up 5.2 percent year-on-year. These enterprises have been steadily increasing investment in technological innovation and actively developing strategic new industries such as new energy and high-tech mechanical engineering, becoming a key pillar of industrial modernization and stable economic growth.

    The number of individual entrepreneurs by the end of May this year increased by 1% year-on-year to 127 million. The department noted that flexible and diverse business models in the areas of retail, catering and household services make it possible to meet the diverse needs of the population.

    In 2024, private enterprises accounted for more than half of China’s foreign trade and tax revenue, and more than 80 percent of urban employment. More importantly, they play a major role in strengthening the country’s innovation capacity, accounting for more than 70 percent of technological achievements.

    To optimize the private sector development environment, ensure fair market competition, and promote the growth of both the private economy and entrepreneurs, China passed the Law on Encouraging the Development of the Private Sector earlier this year. The law strengthens legal guarantees and gives new impetus to the key driver of the world’s second-largest economy. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: China’s cultural industry revenue hits record high in 2024

    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 27 (Xinhua) — Revenues of major enterprises in China’s cultural and related industries are set to hit a record high in 2024, official data showed Friday.

    According to the National Bureau of Statistics (NBS) of China, the total income of such enterprises for the period was 19.14 trillion yuan (about 2.67 trillion US dollars), which is 7.1 percent more than a year earlier.

    The GSU data showed that all nine major sectors of the cultural industry achieved significant revenue growth in 2024. In particular, the cultural media production, news and information services, content creation and creative design services sectors saw rapid revenue growth of 11.2 percent, 8.6 percent, 8.4 percent and 7.2 percent, respectively, year-on-year.

    According to the NBS, the cultural industry revenue in the eastern and central regions of the country was 14.18 trillion yuan and 2.87 trillion yuan, up 7.8 percent and 7.3 percent year on year, respectively, higher than the national average.

    In 2024, the above-mentioned enterprises invested 162.5 billion yuan in R&D, up 1.7 percent year-on-year. -0-

    MIL OSI Russia News

  • EAM Jaishankar urges SCO nations to speak and act against terrorism

    Source: Government of India

    Source: Government of India (4)

    External Affairs Minister S. Jaishankar on Friday stressed that the core objective of the Shanghai Cooperation Organisation (SCO) is to combat terrorism, and that all member nations must reflect this shared goal through both words and actions.

    Addressing an event in the national capital, Jaishankar reiterated India’s consistent position that terrorism must not be justified, glorified, or shielded under any pretext.

    “The SCO was created with the purpose of fighting terrorism. If any country participating on this platform selectively blocks references to terror incidents or avoids calling out terrorism, then it defeats the very purpose of the organisation,” Jaishankar said.

    “Our position is very clear,” he added. “One country objected to the mention of terrorism—and we all know which country it is. That is why our Defence Minister did not endorse the statement. If fighting terrorism is our common goal, then we must call out every act and every place affected.”

    The Ministry of External Affairs, in a statement issued on Thursday, said the SCO Defence Ministers’ meeting concluded without a joint statement due to a lack of consensus among member countries.

    “India advocated for the inclusion of terrorism concerns in the document, but one country objected. The Defence Minister urged countries to unite against terrorism and hold perpetrators accountable, emphasising regional stability and security,” the statement said.

    IANS

  • Ukraine calls for EU sanctions on Bangladeshi entities for import of ‘stolen grain’

    Source: Government of India

    Source: Government of India (4)

    Ukraine plans to ask the European Union to sanction Bangladeshi entities it says are importing wheat taken from Ukrainian territories occupied by Russia, after its warnings to Dhaka failed to stop the trade, a top Ukrainian diplomat in South Asia said.

    Russian forces have occupied large parts of Ukraine’s southern agricultural regions since 2014 and Kyiv has accused Russia of stealing its grain even before the 2022 invasion. Russian officials say there is no theft of grain involved as the territories previously considered part of Ukraine are now part of Russia and will remain so forever.

    According to documents provided to Reuters by people familiar with the matter, the Ukraine Embassy in New Delhi sent several letters to Bangladesh’s foreign affairs ministry this year, asking them to reject more than 150,000 tonnes of grain allegedly stolen and shipped from Russian port of Kavkaz.

    Asked about the confidential diplomatic communication, Ukraine’s ambassador to India, Oleksandr Polishchuk, said Dhaka had not responded to the communication and Kyiv will now escalate the matter as its intelligence showed entities in Russia mix grain procured from occupied Ukrainian territories with Russian wheat before shipping.

    “It’s a crime,” Polishchuk said in an interview at Ukraine’s embassy in New Delhi.

    “We will share our investigation with our European Union colleagues, and we will kindly ask them to take the appropriate measures.”

    Ukraine’s diplomatic tussle with Bangladeshi authorities has not been previously reported.

    The Bangladesh and Russian foreign ministries did not respond to requests for comment.

    A Bangladeshi food ministry official said Dhaka bars imports from Russia if the origin of the grain is from occupied Ukrainian territory, adding that the country imports no stolen wheat.

    Amid the war with Russia, the agricultural sector remains one of the main sources of export earnings for Ukraine, supplying grain, vegetable oil and oilseeds to foreign markets.

    In April, Ukraine detained a foreign vessel in its territorial waters, alleging it was involved in the illegal trade of stolen grain, and last year seized a foreign cargo ship and detained its captain on similar suspicions.

    The EU has so far sanctioned 342 ships that are part of Russia’s so-called shadow fleet, which the bloc says enable Moscow to circumvent Western restrictions to move oil, arms and grain. Russia says Western sanctions are illegal.

    ‘NOT DIAMONDS OR GOLD’

    A Ukraine official told Reuters Ukrainian law prohibits any voluntary trade between Ukrainian producers, including grain farmers in the occupied territories, and Russian entities.

    The Ukraine Embassy has sent four letters to Bangladesh’s government, reviewed by Reuters, in which it shared vessel names and their registration numbers involved in the alleged trade of moving the grain from the Crimean ports of Sevastopol and Kerch, occupied by Russia since 2014, and Berdiansk, which is under Moscow’s control since 2022, to Kavkaz in Russia.

    The letters stated the departure and tentative arrival dates of the ships that left from Kavkaz for Bangladesh between November 2024 and June 2025.

    The June 11 letter said Bangladesh can face “serious consequences” of sanctions for taking deliveries of “stolen grain”, and that such purchases fuel “humanitarian suffering.”

    The sanctions “may extend beyond importing companies and could also target government officials and the leadership of ministries and agencies who knowingly facilitate or tolerate such violations,” the letter added.

    In a statement to Reuters, Anitta Hipper, EU Spokesperson for Foreign Affairs and Security Policy, said the vessels in question were not currently subject to any restrictive measures.

    The sanctions regime was designed to act against activities that undermine the food security of Ukraine including transportation of “stolen Ukrainian grain” and “any proven involvement of vessels in shipping stolen Ukrainian grain could provide the basis for future restrictive measures,” she added.

    The Russia-controlled territories, excluding Crimea, accounted for about 3% of the total Russian grain harvest in 2024, according to Reuters’ estimates based on official Russian data. Russian grain transporter Rusagrotrans says Bangladesh was the fourth largest buyer of Russian wheat in May.

    Ambassador Polishchuk told Reuters their intelligence shows Russia mixes its grain with that from occupied Ukrainian territories to avoid detection.

    A Russian trader, who spoke on condition of anonymity, said that when the grain is loaded for export at a Russian port, it is very difficult to track its origin.

    “These are not diamonds or gold. The composition of impurities does not allow for identification,” the person said.

    (Reuters)

  • MIL-OSI USA: Gosar Introduces Legislation Protecting Railroads from Looters

    Source: United States House of Representatives – Congressman Paul A Gosar DDS (AZ-04)

    Washington, D.C. — Congressman Paul A. Gosar, D.D.S. (AZ-09), issued the following statement after introducing H.R. 4092, the Protect Railroads Against Illegal Looters (RAIL) Act, legislation safeguarding interstate and foreign freight shipments by clarifying that aliens who are convicted of offenses under 18 U.S.C. § 659, are inadmissible for entry into the United States and are deportable. 

    “Transnational criminal theft organizations, particularly those tied to Sinaloa in Mexico, pose serious and growing threats to public safety, national security and economic stability in the southwestern United States.  

    These organizations are accused of increased involvement in sophisticated cargo theft and are said to recruit aliens to burglarize high-value consumer goods from freight trains.  These alleged thefts delay shipments and contribute to shortages and price increases. Once stolen, the goods can be resold, funding additional criminal ventures. 

    Disruptions especially affect border states like Arizona, which serve as major transit corridors for goods between the U.S. and Mexico. The Protect RAIL Act discourages aliens from stealing goods transported as interstate or foreign shipment of freight, including from railroad cars, motor trucks, aircraft, vessels, or storage facilities while protecting operators from harm.

    The great Mohave Desert may still be the Wild West, but aliens, including illegal ones, convicted of stealing goods moving as an interstate shipment should be deemed inadmissible for entry and should be removed from the United States,” stated Congressman Gosar.

     Original Cosponsors: Biggs (AZ), Biggs (SC), Boebert, Brecheen, Burchett, Ciscomani, Crane, Donalds, DesJarlais, Fallon, Fine, Fry, Gill, Guest, Hamadeh, Harrigan, Norman, Ogles, Rulli, Schweikert, Sessions, Van Drew, Weber, Williams (TX)

     

    Outside Group Supporters: Federation for American Immigration Reform, Immigration Accountability Project, NumbersUSA

    MIL OSI USA News

  • MIL-OSI Africa: Stronger Health Through Smarter Taxes in Mauritius


    Download logo

    WHO has joined forces with VISA NGO and the University of Cape Town to assess the impact of increasing health taxes in Mauritius. Using a simulation tool, the study examined how tax hikes affect tobacco use, government revenues, and premature deaths.

    A 15% annual cigarette tax increase could:

    • Boost excise revenue by 55%
    • Reduce smoking prevalence from 18.1% to 17.4%
    • Prevent 11,600 premature deaths by 2029

    Even more ambitious action—a 25% annual increase—could:

    • Double excise revenues
    • Lower smoking prevalence to 16.3%
    • Save 19,300 lives by 2029

    On 20 June 2025, WHO convened high-level officials from the Ministries of Health and Finance to discuss the findings, presented by the University of Cape Town’s Research Unit on the Economics of Excisable Products and a WHO taxation expert.

    WHO and VISA echoed the study’s call for regular, significant tax increases—one of the most effective ways to curb noncommunicable diseases (NCDs) 

    Earlier, on 26 May, VISA and WHO presented the findings to key stakeholders including the Mauritius Revenue Authority, Ministries of Education and Youth, the University of Mauritius, NGOs, and consumer groups.

    WHO also applauded the Government’s recent decision to raise taxes by 10% on tobacco and alcohol, and 100% on sugary drinks, extending it to products like chocolate and ice cream.

    “This is a gift to public health,” said Dr. Anne Ancia, WHO Representative. “Higher prices on unhealthy products help reduce consumption—especially in a country where obesity, diabetes and cardio-vascular diseases are leading causes of death and disability.”

    Dr. Ancia also stressed the urgent need to enforce the Tobacco Law 2022, particularly the ban on single-stick sales, which undermines progress in reducing tobacco use through higher prices.

    Distributed by APO Group on behalf of World Health Organization (WHO) – Mauritius.

    MIL OSI Africa

  • MIL-OSI Africa: Seychelles and Lebanon establishes Diplomatic Relations


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    In the spirit of promoting bilateral relations and the strengthening of friendship, the Republic of Seychelles and the Republic of Lebanon have formally established diplomatic relations through the signing of a Joint Communiqué on the 25th of June 2025.

    The establishment is founded on the principles of the Charter of the United Nations and respect for international law and cooperation, and will allow for the promotion of exchanges in various fields of mutual interests for the benefit of the two countries.

    The signing took place in New York between the Permanent Representative of Seychelles to the United Nations, Ambassador Ian Madeleine, and the Chargé d’affaires a.i. of the Permanent Mission of Lebanon to the United Nations, Ambassador Hadi Hachem.

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

    MIL OSI Africa

  • MIL-OSI Africa: PH Embassy in Rabat, Kontra-GaPi Hosts Music and Dance Workshops for Moroccan Students


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    The Kontemporaryong Gamelan Pilipino (Kontra-GaPi), a Filipino performing arts ensemble from the University of the Philippines, in their visit to Morocco organized by the Philippine Embassy in Rabat, conducted a series of interactive workshops for Moroccan students to promote Philippine music and dance. Professor Pedro Abraham, Jr., founder of Kontra-GaPi, expressed elation at the opportunity to promote Philippine culture as their visit coincided with the celebration of the 50th anniversary of Philippine-Moroccan relations.

    At the workshop held on 20 June 2025 at Ecole Internationale de Musique et Danse (EIMD), young Moroccan musicians aged 8 to 13 tried their hands at playing various indigenous instruments such as kulintang, gangsa, tongatong, angklung, kubing, eliciting smiles in their faces. Parents in attendance expressed gratitude to the Embassy for giving their children a rare and unforgettable experience and even shared their intention to visit the Philippines afterwards.

    On 21 June 2025, another workshop was held at the Dati Drouk dance studio where Professor Abraham said “I admire Morocco’s rich history, which spans more than 5,000 years—about the same length as the Philippines’ pre-colonial history. I believe that music and dance transcend national boundaries, and I hope to share with you the rich traditions of Filipino gamelan music and indigenous dance.”

    Energized by the brief performance of Kontra-GaPi and the workshop that followed, the members of Dati Drouk performed a full dance sequence composed of movements from various Filipino ethno-linguistic groups. The workshop culminated in a spontaneous cultural exchange, as Dati Drouk members responded with an extemporaneous dance performance to the hypnotic rhythms of gnaoua music.

    EIMD is a premier institution in Rabat offering comprehensive music, dance, and theater training for over 1,500 students annually and supporting both aspiring professionals and amateurs. On the other hand, Dati Drouk is the first institution in Morocco offering structured professional training in contemporary dance.

    The two workshops were conducted on top of the performances of Kontra-GaPi before the Diplomatic Corps on 17 June 2025 and the Filipino community on 22 June 2025. Philippine Ambassador to Morocco Leslie Baja expressed great satisfaction at the opportunity to showcase Philippine culture, saying that “culture is a bridge linking the Philippines and Morocco”.

    Distributed by APO Group on behalf of Department of Foreign Affairs, Republic of the Philippines.

    MIL OSI Africa

  • MIL-OSI Asia-Pac: Language campaign concludes

    Source: Hong Kong Information Services

    The Education Bureau and the Standing Committee on Language Education & Research (SCOLAR) today held the “Closing & Award Presentation Ceremony of the Biliteracy & Trilingualism Campaign 2025”.

    The ceremony was attended by around 400 people, including guests from the business sector, the arts and cultural sector, and community organisations, as well as teachers, parents and students. The awards celebrated efforts to promote biliteracy and trilingualism in Hong Kong over the past six months.

    Officiating at the event, Secretary for Education Choi Yuk-lin said that as an international metropolis where East meets West, Hong Kong requires a large pool of biliterate and trilingual talent to fulfill its role as a “super connector”.

    She added that languages are crucial to the city’s status as an international education hub in the Asia-Pacific region and beyond, and emphasised that biliteracy and trilingualism are essential for the city’s development of the “eight centres” outlined in the National 14th Five-Year Plan, and for seizing opportunities arising from the Belt & Road Initiative and the development of the Greater Bay Area.

    “Under the ‘one country, two systems’, biliteracy and trilingualism stands as one of the advantages of education in Hong Kong,” she said.

    The education chief outlined that over the years, the bureau and SCOLAR have worked together to promote biliteracy and trilingualism. Measures introduced in recent years have allowed teachers to improve their Putonghua proficiency with help from the Language Fund.

    Additionally, a one-off grant has been provided to schools for the promotion of self-directed language learning of English and Putonghua by students.

    Ms Choi said that through the collective efforts, Hong Kong’s language and talent capital can be strengthened, enabling the city to fully leverage its advantages of enjoying the strong support of the motherland while being closely connected to the world.

    The results of a one-minute video production competition were presented. The award-winning works were produced by students who integrated different creative elements.

    The event also gave the winners the opportunity to share their insights with attendees.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Scheduled Banks’ Statement of Position in India as on Friday, June 13, 2025

    Source: Reserve Bank of India

    (Amount in ₹ crore)
      SCHEDULED COMMERCIAL BANKS
    (Including RRBs, SFBs and PBs)
    ALL SCHEDULED BANKS
    14-Jun-2024 30-May-2025* 13-Jun-2025* 14-Jun-2024 30-May-2025* 13-Jun-2025*
    I LIABILITIES TO THE BKG.SYSTEM (A)            
      a) Demand & Time deposits from banks 273308.16 365140.08 340603.24 277097.38 370999.12 346319.8749**
      b) Borrowings from banks 152185.60 110552.25 109671.80 152187.60 110574.25 109889.53
      c) Other demand & time liabilities 76032.19 25071.47 23927.34 76298.36 25465.93 24362.82
    II LIABILITIES TO OTHERS (A)            
      a) Deposits (other than from banks) 20902918.17 23172542.62 23069772.55 21358407.93 23662773.91 23561872.69
      i) Demand 2390694.11 2988920.70 2859239.01 2440672.19 3038379.44 2908818.31
      ii) Time 18512224.06 20183621.92 20210533.54 18917735.75 20624394.47 20653054.38
      b) Borrowings @ 780674.69 895727.00 837462.68 785083.63 900193.89 841977.70
      c) Other demand & time liabilities 965607.06 1034573.60 1106232.23 978521.91 1047707.96 1120178.02
    III BORROWINGS FROM R.B.I. (B) 111102.00 6516.00 2248.00 111102.00 6516.00 2248.00
      Against usance bills and / or prom. Notes            
    IV CASH 85283.14 87179.07 90471.61 87674.97 89604.92 93073.93
    V BALANCES WITH R.B.I. (B) 983708.00 956086.24 932453.46 1003434.00 975236.91 951630.59
    VI ASSETS WITH BANKING SYSTEM            
      a) Balances with other banks            
      i) In current accounts 7664.17 11434.59 10498.68 10483.91 13853.23 12729.59
      ii) In other accounts 178513.58 255330.58 244036.86 224431.26 318135.43 308394.18
      b) Money at call & short notice 11390.08 22812.64 21743.92 25192.27 40349.51 37684.89
      c) Advances to banks (i.e. due from bks.) 52270.19 36147.80 31496.42 54389.85 38542.46 33717.34£
      d) Other assets 107937.02 78091.66 65849.37 110591.29 82799.25 71109.15
    VII INVESTMENTS (At book value) 6231385.82 6706717.24 6691443.60 6384112.72 6861687.28 6877810.85
      a) Central & State Govt. securities+ 6230374.06 6706168.85 6690874.45 6376135.84 6853140.23 6869498.86
      b) Other approved securities 1011.77 548.39 569.14 7976.88 8547.05 8311.99
    VIII BANK CREDIT (Excluding Inter-Bank Advances) 16706417.54 18287376.91 18313977.69 17143118.18 18753740.95 18783780.83
      a) Loans, cash credits & Overdrafts $ 16392988.28 17949958.34 17976567.95 16826405.29 18412982.24 18443143.24
      b) Inland Bills purchased 64052.90 79467.07 78124.27 65383.33 80743.89 79300.44
      c) Inland Bills discounted 208278.98 222449.12 223752.50 209565.71 223956.61 225217.50
      d) Foreign Bills purchased 16140.00 13866.49 13510.87 16370.65 14063.24 13738.06
      e) Foreign Bills discounted 24957.38 21635.89 22022.09 25393.21 21994.97 22381.60
    NOTE
    * Provisional figures incorporated in respect of such banks as have not been able to submit final figures.
    (A) Demand and Time Liabilities do not include borrowings of any Scheduled State Co-operative Bank from State Government and any reserve fund deposits maintained with such banks by any co-operative society within the areas of operation of such banks.
    ** This excludes deposits of Co-operative Banks with Scheduled State Co-operative Banks. These are included under item II (a).
    @ Other than from Reserve Bank, National Bank for Agriculture and Rural Development and Export Import Bank of India.
    (B) The figures relating to Scheduled Commercial Banks’ Borrowings in India from Reserve Bank and balances with Reserve Bank are those shown in the statement of affairs of the Reserve Bank. Borrowings against usance bills and/ or promissory notes are under Section 17(4)(c) of the Reserve Bank of India Act, 1934. Following a change in the accounting practise for LAF transactions with effect from July 11, 2014, as per the recommendations of Malegam Committee formed to Review the Format of Balance Sheet and the Profit and Loss Account of the Bank, the transactions in case of Repo / Term Repo / MSF are reflected under ‘Borrowings from RBI’.
    £ This excludes advances granted by Scheduled State Co-operative Banks to Co-operative banks. These are included under item VIII (a).
    + Includes Treasury Bills, Treasury Deposits, Treasury Savings Certificates and postal obligations.
    $ Includes advances granted by Scheduled Commercial Banks and Scheduled Cooperative Banks to Public Food Procurement Agencies (viz. Food Corporation of India, State Government and their agencies under the Food consortium).
    Food Credit Outstanding as on
    (Amount in ₹ crore)
    Date 14-Jun-2024 30-May-2025 13-Jun-2025
    Scheduled Commercial Banks 36923.02 70580.71 67605.56
    Scheduled Co-operative Banks 50622.17 51972.99 51974.00

    The expression ‘Banking System’ or ‘Banks’ means the banks and any other financial institution referred to in sub-clauses (i) to (vi) of clause (d) of the explanation below Section 42(1) of the Reserve Bank of India Act, 1934.

    No. of Scheduled Commercial Banks as on Current Fortnight:120

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/606

    MIL OSI Economics

  • MIL-OSI Economics: Deputy Secretary-General of ASEAN attends the 46th Asia-Europe Foundation Board of Governors Meeting

    Source: ASEAN

    Deputy Secretary-General of ASEAN for Community and Corporate Affairs, Nararya S. Soeprapto, attended the 46th Asia-Europe Foundation Board of Governors Meeting (ASEFBoG46) on 26-27 June 2025 in Kraków, Poland. The Meeting noted the report on the work of the ASEF Management, reviewed the implementation of ASEF’s ongoing initiatives, and approved its project proposals for 2025 and 2026. The Board of Governors also deliberated ways to enhance ASEF’s visibility and profile, and to further promote cultural and people-to-people connectivity between Asia and Europe.

    The post Deputy Secretary-General of ASEAN attends the 46th Asia-Europe Foundation Board of Governors Meeting appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Banking: Deputy Secretary-General of ASEAN attends the 46th Asia-Europe Foundation Board of Governors Meeting

    Source: ASEAN

    Deputy Secretary-General of ASEAN for Community and Corporate Affairs, Nararya S. Soeprapto, attended the 46th Asia-Europe Foundation Board of Governors Meeting (ASEFBoG46) on 26-27 June 2025 in Kraków, Poland. The Meeting noted the report on the work of the ASEF Management, reviewed the implementation of ASEF’s ongoing initiatives, and approved its project proposals for 2025 and 2026. The Board of Governors also deliberated ways to enhance ASEF’s visibility and profile, and to further promote cultural and people-to-people connectivity between Asia and Europe.

    The post Deputy Secretary-General of ASEAN attends the 46th Asia-Europe Foundation Board of Governors Meeting appeared first on ASEAN Main Portal.

    MIL OSI Global Banks

  • MIL-OSI United Kingdom: Air Chief Marshal Sir Rich Knighton KCB ADC FREng appointed new Chief of the Defence Staff

    Source: United Kingdom – Executive Government & Departments

    Press release

    Air Chief Marshal Sir Rich Knighton KCB ADC FREng appointed new Chief of the Defence Staff

    His Majesty The King has approved the appointment of Air Chief Marshal Sir Rich Knighton KCB ADC FREng to take over from Admiral Sir Tony Radakin KCB ADC as the next Chief of the Defence Staff, with effect from September 2025.

    His Majesty The King has approved the appointment of Air Chief Marshal Sir Rich Knighton KCB ADC FREng to take over from Admiral Sir Tony Radakin KCB ADC as the next Chief of the Defence Staff, with effect from September 2025.

    Prime Minister Keir Starmer, said:

    Air Chief Marshal Sir Rich Knighton has led the Royal Air Force to deliver on operations across the world, while championing a culture of innovation and excellence, which is why I am certain he will make an exceptional leader of our Armed Forces as Chief of Defence Staff.

    In such a rapidly changing global context, we need our Armed Forces to be more lethal, better integrated and equipped for the future as they keep our country safe, I know Rich will rise to that challenge.

    I would like to thank Admiral Sir Tony Radakin for his dedicated service and exceptional advice and service to me as Prime Minister, I wish him every success in his future endeavours.

    Defence Secretary John Healey said:

    I’m delighted to congratulate Air Chief Marshal Sir Rich Knighton on his appointment as Chief of the Defence Staff.

    As Air Chief Marshal, Sir Rich Knighton has led the RAF with distinction through a period of intense demand, with NATO operations, deployments to the Middle East and activity across the world. As Chief of the Defence Staff, he will play a critical role in delivering the transformation set out in the Strategic Defence Review. And together, we will put the men and women of our Armed Forces at the heart of our defence plans.

    I would like to thank Admiral Sir Tony Radakin for his distinguished service and counsel as Chief of the Defence Staff through an unprecedented period – in particular, his unparalleled leadership on Ukraine. I look forward to working with Air Chief Marshal Rich over the coming years to make Britain secure at home, and strong abroad.

    Air Chief Marshal Sir Rich Knighton, said:

    It is an honour to have been selected as the next Chief of the Defence Staff. I am acutely conscious of the dangers we face and the important role that the Armed Forces play in protecting the UK, our allies and our interests around the world.

    It will be an immense privilege to lead the outstanding people of our Armed Forces.

    I want to pay tribute to Admiral Sir Tony Radakin for his exceptional work in leading the Armed Forces through the most intense period of operational demand and strategic complexity, and for his unstinting support for Ukraine. I look forward to working with the Prime Minister Secretary of State, ministers and fellow Chiefs to deliver the SDR and ensure our Armed Forces are ready to fight and win.

    A biography of Air Chief Marshal Sir Rich Knighton can be found here.

    Updates to this page

    Published 27 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Video: On the Ground with UNDSS: Supporting UN Operations in Pokrovsk

    Source: United Nations (video statements)

    Join Artem Chystiak from UNDSS in Pokrovsk, eastern Ukraine—once home to 60,000, now just 2,000. See how UNDSS supports the UN in delivering life-saving aid in one of the country’s highest-risk areas.

    https://www.youtube.com/watch?v=4JjSkyRlW_E

    MIL OSI Video

  • MIL-OSI Australia: UPDATE – Concern for welfare – Berry Springs

    Source: Northern Territory Police and Fire Services

    The NT Police no longer holds concerns for the welfare of the 15-year-old boy who went missing this afternoon.

    He was located safe and well a short time ago.

    The Police would like to thank the members of the public for their assistance.

    MIL OSI News

  • US stock futures rise ahead of inflation data as investors anticipate dovish Fed

    Source: Government of India

    Source: Government of India (4)

    U.S. stock index futures surged on Friday, putting the S&P 500 and the Nasdaq on track for record highs as investors geared up for a key inflation report amid signs of a dovish policy outlook from the Federal Reserve this year.

    Personal Consumption Expenditure data – the U.S. central bank’s preferred inflation gauge – for May is due to be released at 08:30 a.m. ET and will be scrutinized to assess the Fed’s interest-rate path as tariffs weigh on prices.

    As the ceasefire in the Middle East holds, investor focus has turned to the prospect of a dovish Fed after the Wall Street Journal reported that U.S. President Donald Trump toyed with the idea of announcing Fed Chair Jerome Powell’s replacement by September or October.

    “News that Donald Trump may announce his pick to be the new Fed chair with months to go has led the interest rate futures market to ramp up bets that interest rates in the U.S. will be cut sharply over the coming months and years,” Kathleen Brooks, research director at XTB, said in a note.

    A spate of economic data this week, including a weaker-than-expected first quarter GDP reading as well as jobless claims reaching multi-year highs, has supported the case for the central bank to cut borrowing costs this year.

    Traders now price in a 20.7% chance of a rate cut in July, compared with 14.5% last week, according to CME Group’s FedWatch tool.

    At 06:30 a.m. ET, Dow E-minis YMcv1 were up 103 points, or 0.24%, S&P 500 E-minis EScv1 were up 13.5 points, or 0.22%, and Nasdaq 100 E-minis NQcv1 were up 63.5 points, or 0.28%.

    Nike’s NKE.N shares rose 9.2% in premarket trading after the retailer forecast a smaller-than-expected drop in first-quarter revenue.

    Retailer Lululemon Athletica LULU.O rose 1.4% after Nike’s results, while Hoka-owner Deckers Outdoor DECK.N added 2.1%.

    On the flip side, gold stocks slipped in premarket trading as bullion neared a one-month low. Top miners such as Newmont NEM.N and U.S.-listed Barrick Mining B.N were down 2.3% and 2%, respectively.

    The benchmark S&P 500 .SPX and the Nasdaq .IXIC are on track for their best weekly performance in six weeks, while the blue-chip Dow .DJI is set for a weekly advance, if gains hold.

    UBS Global Wealth Management raised its year-end target for the S&P 500 index .SPX to 6,200 from its prior forecast of 6,000, banking on softening trade uncertainty.

    Adding to the upbeat sentiment, Washington reached an agreement with China on expediting rare-earth shipments to the United States, a White House official said, days ahead of the July 9 deadline for Trump’s “reciprocal” tariffs.

    Also on tap is the final reading of consumer sentiment for June, measured by the University of Michigan Surveys of Consumers, due at 10:00 a.m. ET.

    Remarks from New York Fed President John Williams, Cleveland Fed President Beth Hammack and Fed Board Governor Lisa Cook are expected later in the day.

    (Reuters)