Category: Machine Learning

  • MIL-OSI: eToro Appoints Former SEC Commissioner Laura Unger and Wix CFO Lior Shemesh as Board Members

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 03, 2025 (GLOBE NEWSWIRE) — eToro Group Ltd. (“eToro”, or the “Company”) (NASDAQ: ETOR), the trading and investing platform, today announced the appointment of Laura Unger and Lior Shemesh as Board Members. Both Ms. Unger and Mr. Shemesh will also join eToro’s Audit & Risk Committee.

    Commenting on the appointments, Yoni Assia, Co-founder and CEO, said: “As eToro enters this new chapter as a Nasdaq listed company, we are delighted that Laura Unger and Lior Shemesh will join eToro’s Board. As leaders in their respective fields, they bring extensive knowledge and expertise to the Board. We look forward to benefiting from Laura’s experience across regulatory governance and risk management, as well as Lior’s financial and operational leadership as we continue to grow eToro’s presence around the world, including our goal to expand our operations in the U.S.”

    Ms. Unger is a financial services regulatory, legislative, policy and strategy expert. She has held a variety of public and private sector roles and served on multiple corporate boards over the last twenty years, including Borland Software, MBNA, Merrill Lynch IQ Funds, Ambac Financial, CA Technologies, CIT Group and Navient Corporation. She is a former SEC Commissioner and Acting Chair, and former Counsel to the U.S. Senate Banking Committee.

    Ms. Unger currently serves as an independent director and Risk Committee Chair for the global investment bank Nomura Holdings Inc. (NYSE “NMR”) (Tokyo), as Audit Chair and director of its largest subsidiary, Nomura Holdings America, and director of its trading platform, Instinet.

    Ms. Unger began her government career as an SEC Enforcement Attorney in NYC and Washington, DC, followed by her service as Securities Counsel to the US Committee on Banking, Housing and Urban Affairs. She received a B.A. in Rhetoric from the University of California at Berkeley in 1983, and a J.D. from New York Law School in 1987.

    “I’m pleased to join eToro’s Board at such an exciting moment for the company and for the investing landscape more generally. I look forward to sharing my two decades of experience by providing capital markets, regulatory and governance insights. Beyond this, eToro and I share a passion for understanding technology’s impact on capital markets. At a time when the pace of technological innovation is accelerating, I’m thrilled to be joining a company which prides itself on being at the forefront of compliant innovation,” said Ms. Unger.

    ​Lior Shemesh is an experienced CFO with a strong track record of shaping and leading the financial strategy and operations for technology companies. He has served as CFO of Nasdaq listed software company Wix since April 2013. Before joining Wix, Lior served as VP Finance and then CFO at Alverion Ltd., a provider of optimized wireless broadband solutions. Previously, he held senior finance roles at Veraz Networks Inc., a softswitch, media gateway and digital compression solutions provider, and ECI Telecom Ltd., a network infrastructure provider.

    ​From July 2012 to June 2021, Mr. Shemesh served on the board of directors of Aspen Group Ltd., where he was also on the compensation committee, financial statements committee, as well as Chair of the audit committee.

    ​Mr. Shemesh began his career as an accountant at Israel Aerospace Industries. He has a B.A. in Accounting & Economics and an M.B.A. from Bar-Ilan University.

    “I’m honored to be joining the Board of eToro at such a pivotal time in its growth journey. I’ve spent years in the technology space and am deeply impressed by eToro’s commitment to harnessing technology to empower individual investors around the world. I look forward to working with the Board and eToro’s leadership team to support the company’s mission and help drive its continued growth and success,” said Mr. Shemesh.

    About eToro
    eToro is the trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we’ve created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media center here for our latest news.

    Cautionary Language Concerning Forward-Looking Statements
    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding eToro’s financial outlook and market positioning. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “outlook,” “guidance,” “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “plan,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond eToro’s control. eToro’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to market volatility and erratic market movements; failure to retain existing users or adding new users; extreme competition; changes in regulatory and legal framework under which eToro operates; regulatory inquiries and investigations; eToro’s estimates of its financial performance; interest rate fluctuations; the evolving cryptoasset market, including the regulations thereof; conditions related to eToro’s operations in Israel, including the ongoing war; risks related to data security and privacy and use of OSS; risks related to AI; changes in general economic or political conditions; changes to accounting principles and guidelines; the ability to maintain the listing of eToro’s securities on Nasdaq; unexpected costs or expenses; and other factors described in “Risk Factors” in eToro’s Registration Statement on Form F-1, filed with the Securities and Exchange Commission (the “SEC”) on March 24, 2025, as amended, and declared effective by the SEC on May 13, 2025. Further information on potential risks that could affect actual results will be included in the subsequent filings that eToro makes with the SEC from time to time.

    Past performance is not necessarily indicative of future results. The forward-looking statements included in this press release represent eToro’s views as of the date of this press release. eToro anticipates that subsequent events and developments will cause its views to change. eToro undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. These forward-looking statements should not be relied upon as representing eToro’s views as of any date subsequent to the date of this press release.

    Contact
    Media Relations – pr@etoro.com
    Investor Relations – investors@etoro.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e5e9931e-ef09-48e3-b5c9-448e9ecfb052

    https://www.globenewswire.com/NewsRoom/AttachmentNg/89bdaab3-6db5-4493-ad09-8535b5e87f45

    The MIL Network

  • MIL-OSI Canada: smartEarth: Satellite data to protect our planet

    Source: Government of Canada News (2)

    July 3, 2025 – Longueuil, Quebec

    Satellite data is increasingly being used for a wide range of applications, from helping farmers monitor crop health, to supporting wildfire managers and tracking environmental change. When combined with artificial intelligence and powerful computing, satellite data promises to unlock the potential for a multitude of new cutting-edge applications to meet today’s and tomorrow’s challenges on Earth.

    The Government of Canada is committed to ensuring that our country remains a world leader in acquiring and harnessing Earth observation data to grow Canadian businesses and solve important challenges on Earth. The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, announced an investment of $3.9 million to support five Canadian companies to develop and test innovative solutions that use satellite data to address pressing environmental challenges.

    This investment focuses on advancing projects that monitor the Arctic, improve wildfire response, and protect marine life and sensitive coastal ecosystems.

    • Mitigating Arctic challenges through the use of multi-mission satellite data and artificial intelligence – C-CORE (Newfoundland and Labrador)
    • Demonstrating a machine learning application for use onboard satellites to deliver wildfire detection products for wildfire managers in near real time – Mission Control (Ontario)
    • Developing an eelgrass mapping system to support aquatic biodiversity – Hatfield Consultants LLP (British Columbia)
    • Leveraging generative artificial intelligence to improve systems that detect and protect North Atlantic right whales – AltaML (Alberta)
    • Detecting and monitoring North Atlantic right whales through satellite data to inform and strengthen protection measures – Fluvial Systems Research (British Columbia)

    By supporting these projects, the Government of Canada reaffirms its commitment to fostering the long-term growth of the Canadian space sector while upholding Canada’s world-leading environmental standards; protecting more of our nature, which is at the heart of Canada’s identity; and supporting an economy that will create high-paying jobs for generations.

    MIL OSI Canada News

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale Amid Growing Investor Interest

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 03, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain project, today announced it has entered the final four weeks of its limited presale, with over $6 million raised and more than 13,650 users participating. This milestone marks a key moment for the BTC-S ecosystem, which aims to redefine accessibility in crypto through mobile mining, smart contract integration, and energy-efficient consensus design.

    The token is currently priced at $10, with the next phase set to increase to $11 and an official launch price of $20. A 6% bonus remains available for eligible presale participants.

    BTC-S Builds the Future

    Bitcoin Solaris (BTC-S) flips the script. With its dual-layer blockchain design, a hybrid consensus that blends Proof-of-Work with Delegated Proof-of-Stake, and energy-efficient infrastructure, BTC-S is designed from the ground up to support scalability, mobile-first mining, and lightning-fast smart contract performance. The system achieves 10,000 TPS with finality in 2 seconds, positioning it as one of the fastest decentralized platforms in development today.

    BTC-S: Wealth-Building Meets Modern Infrastructure

    Let’s talk about what truly makes Bitcoin Solaris a potential wealth-creation engine. Unlike traditional cryptocurrencies that require expensive equipment and deep technical skills, BTC-S makes mining accessible to everyone through the upcoming Solaris Nova app.

    Using a refined adaptive algorithm and smart validator rotation, mining is optimized for smartphones. And that’s not speculation. It’s already live in testing and supports efficient participation with minimal energy use. Whether you’re in a big city or a rural area, mobile mining with BTC-S is designed to be truly inclusive. You can even preview your potential earnings using their mining calculator.

    But that’s just the beginning. BTC-S is also pushing boundaries with smart contract support and a growing set of DeFi functionalities. It’s not just a coin. It’s an ecosystem with room to build.

    From Mobile to Mainnet BTC-S Powers a New Financial Era

    Core highlights include:

    • Dual-consensus model with validator rotation for security and decentralization
    • Cross-chain bridge development for asset interoperability
    • Smart contracts optimized for DeFi scalability
    • Ongoing audits from Cyberscope and Freshcoins
    • Full integration with the Solaris Nova App for on-the-go mining and governance

    And let’s not forget the excitement brewing in the crypto influencer space. The team behind BTC-S has been getting attention from prominent channels. A full review by Crypto Show dives into what’s making Bitcoin Solaris one of the most talked-about launches of the year.

    The Presale: A Window That’s Closing Fast

    Investors love numbers. Here are a few worth paying attention to.

    • Current price: $10
    • Next phase: $11
    • Launch price: $20
    • Bonus: 6%
    • Over $6 million raised, and more than 13,650 users have joined

    And this isn’t one of those endless presales that drag on for a year. The entire event is capped at just 90 days. That means only around 4 weeks remain to get in before BTC-S goes live and enters the next phase. With this kind of momentum, it’s no wonder some are calling it the shortest presale in crypto history.

    To receive your tokens on launch day, Bitcoin Solaris recommends using Trust Wallet or Metamask for smooth and secure delivery. These platforms ensure seamless distribution without requiring a connection during the presale phase.

    You can track everything directly from the main platform at bitcoinsolaris.com.

    BTC-S Tokenomics: Designed for Scarcity and Growth

    If you’re wondering what makes BTC-S truly different from Bitcoin, it starts with distribution. While Bitcoin mining now rewards whales, Bitcoin Solaris designed its tokenomics to favor longevity and fair access. The entire structure is focused on real utility, scarcity, and growth.

    BTC-S follows a fixed-supply model with a maximum of 21 million tokens. The breakdown is worth a glance and can be found on their official tokenomics page, but here’s a quick preview:

    • 66.66% reserved for mining, distributed over 90 years
    • 20% allocated to the presale
    • The rest is dedicated to liquidity, community, marketing, and development

    This long-term vision isn’t just fluff. It’s embedded into how BTC-S operates. Fair, structured, and driven by actual participation.

    In addition, Holders can now enjoy daily mini-games from Bitcoin Solaris, unlocking new chances to earn every day. Explore how it works here.

    Final Thoughts: Trump Lit the Spark, But BTC-S Carries the Torch

    Trump’s Bitcoin comments are the kind of headlines that draw eyes. But Bitcoin Solaris is offering something stronger than soundbites. It’s offering architecture, access, and opportunity. For those who missed Bitcoin’s early years and feel like they arrived too late, BTC-S may just be that rare second chance.

    And it’s not just a theory. It’s live. It’s active. And it’s fast approaching a launch that could redefine what early adoption means in this cycle.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/da8fa6b1-e655-42f5-83da-3af586f5d9cb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dd0f3d3c-9319-4033-8368-a75d65eece20

    https://www.globenewswire.com/NewsRoom/AttachmentNg/504dc2bd-4ef4-4350-866d-d8419a416555

    https://www.globenewswire.com/NewsRoom/AttachmentNg/16b32510-defe-48a8-b5c0-6d8d782d5622

    The MIL Network

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale Amid Growing Investor Interest

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 03, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain project, today announced it has entered the final four weeks of its limited presale, with over $6 million raised and more than 13,650 users participating. This milestone marks a key moment for the BTC-S ecosystem, which aims to redefine accessibility in crypto through mobile mining, smart contract integration, and energy-efficient consensus design.

    The token is currently priced at $10, with the next phase set to increase to $11 and an official launch price of $20. A 6% bonus remains available for eligible presale participants.

    BTC-S Builds the Future

    Bitcoin Solaris (BTC-S) flips the script. With its dual-layer blockchain design, a hybrid consensus that blends Proof-of-Work with Delegated Proof-of-Stake, and energy-efficient infrastructure, BTC-S is designed from the ground up to support scalability, mobile-first mining, and lightning-fast smart contract performance. The system achieves 10,000 TPS with finality in 2 seconds, positioning it as one of the fastest decentralized platforms in development today.

    BTC-S: Wealth-Building Meets Modern Infrastructure

    Let’s talk about what truly makes Bitcoin Solaris a potential wealth-creation engine. Unlike traditional cryptocurrencies that require expensive equipment and deep technical skills, BTC-S makes mining accessible to everyone through the upcoming Solaris Nova app.

    Using a refined adaptive algorithm and smart validator rotation, mining is optimized for smartphones. And that’s not speculation. It’s already live in testing and supports efficient participation with minimal energy use. Whether you’re in a big city or a rural area, mobile mining with BTC-S is designed to be truly inclusive. You can even preview your potential earnings using their mining calculator.

    But that’s just the beginning. BTC-S is also pushing boundaries with smart contract support and a growing set of DeFi functionalities. It’s not just a coin. It’s an ecosystem with room to build.

    From Mobile to Mainnet BTC-S Powers a New Financial Era

    Core highlights include:

    • Dual-consensus model with validator rotation for security and decentralization
    • Cross-chain bridge development for asset interoperability
    • Smart contracts optimized for DeFi scalability
    • Ongoing audits from Cyberscope and Freshcoins
    • Full integration with the Solaris Nova App for on-the-go mining and governance

    And let’s not forget the excitement brewing in the crypto influencer space. The team behind BTC-S has been getting attention from prominent channels. A full review by Crypto Show dives into what’s making Bitcoin Solaris one of the most talked-about launches of the year.

    The Presale: A Window That’s Closing Fast

    Investors love numbers. Here are a few worth paying attention to.

    • Current price: $10
    • Next phase: $11
    • Launch price: $20
    • Bonus: 6%
    • Over $6 million raised, and more than 13,650 users have joined

    And this isn’t one of those endless presales that drag on for a year. The entire event is capped at just 90 days. That means only around 4 weeks remain to get in before BTC-S goes live and enters the next phase. With this kind of momentum, it’s no wonder some are calling it the shortest presale in crypto history.

    To receive your tokens on launch day, Bitcoin Solaris recommends using Trust Wallet or Metamask for smooth and secure delivery. These platforms ensure seamless distribution without requiring a connection during the presale phase.

    You can track everything directly from the main platform at bitcoinsolaris.com.

    BTC-S Tokenomics: Designed for Scarcity and Growth

    If you’re wondering what makes BTC-S truly different from Bitcoin, it starts with distribution. While Bitcoin mining now rewards whales, Bitcoin Solaris designed its tokenomics to favor longevity and fair access. The entire structure is focused on real utility, scarcity, and growth.

    BTC-S follows a fixed-supply model with a maximum of 21 million tokens. The breakdown is worth a glance and can be found on their official tokenomics page, but here’s a quick preview:

    • 66.66% reserved for mining, distributed over 90 years
    • 20% allocated to the presale
    • The rest is dedicated to liquidity, community, marketing, and development

    This long-term vision isn’t just fluff. It’s embedded into how BTC-S operates. Fair, structured, and driven by actual participation.

    In addition, Holders can now enjoy daily mini-games from Bitcoin Solaris, unlocking new chances to earn every day. Explore how it works here.

    Final Thoughts: Trump Lit the Spark, But BTC-S Carries the Torch

    Trump’s Bitcoin comments are the kind of headlines that draw eyes. But Bitcoin Solaris is offering something stronger than soundbites. It’s offering architecture, access, and opportunity. For those who missed Bitcoin’s early years and feel like they arrived too late, BTC-S may just be that rare second chance.

    And it’s not just a theory. It’s live. It’s active. And it’s fast approaching a launch that could redefine what early adoption means in this cycle.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/da8fa6b1-e655-42f5-83da-3af586f5d9cb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dd0f3d3c-9319-4033-8368-a75d65eece20

    https://www.globenewswire.com/NewsRoom/AttachmentNg/504dc2bd-4ef4-4350-866d-d8419a416555

    https://www.globenewswire.com/NewsRoom/AttachmentNg/16b32510-defe-48a8-b5c0-6d8d782d5622

    The MIL Network

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale Amid Growing Investor Interest

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 03, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain project, today announced it has entered the final four weeks of its limited presale, with over $6 million raised and more than 13,650 users participating. This milestone marks a key moment for the BTC-S ecosystem, which aims to redefine accessibility in crypto through mobile mining, smart contract integration, and energy-efficient consensus design.

    The token is currently priced at $10, with the next phase set to increase to $11 and an official launch price of $20. A 6% bonus remains available for eligible presale participants.

    BTC-S Builds the Future

    Bitcoin Solaris (BTC-S) flips the script. With its dual-layer blockchain design, a hybrid consensus that blends Proof-of-Work with Delegated Proof-of-Stake, and energy-efficient infrastructure, BTC-S is designed from the ground up to support scalability, mobile-first mining, and lightning-fast smart contract performance. The system achieves 10,000 TPS with finality in 2 seconds, positioning it as one of the fastest decentralized platforms in development today.

    BTC-S: Wealth-Building Meets Modern Infrastructure

    Let’s talk about what truly makes Bitcoin Solaris a potential wealth-creation engine. Unlike traditional cryptocurrencies that require expensive equipment and deep technical skills, BTC-S makes mining accessible to everyone through the upcoming Solaris Nova app.

    Using a refined adaptive algorithm and smart validator rotation, mining is optimized for smartphones. And that’s not speculation. It’s already live in testing and supports efficient participation with minimal energy use. Whether you’re in a big city or a rural area, mobile mining with BTC-S is designed to be truly inclusive. You can even preview your potential earnings using their mining calculator.

    But that’s just the beginning. BTC-S is also pushing boundaries with smart contract support and a growing set of DeFi functionalities. It’s not just a coin. It’s an ecosystem with room to build.

    From Mobile to Mainnet BTC-S Powers a New Financial Era

    Core highlights include:

    • Dual-consensus model with validator rotation for security and decentralization
    • Cross-chain bridge development for asset interoperability
    • Smart contracts optimized for DeFi scalability
    • Ongoing audits from Cyberscope and Freshcoins
    • Full integration with the Solaris Nova App for on-the-go mining and governance

    And let’s not forget the excitement brewing in the crypto influencer space. The team behind BTC-S has been getting attention from prominent channels. A full review by Crypto Show dives into what’s making Bitcoin Solaris one of the most talked-about launches of the year.

    The Presale: A Window That’s Closing Fast

    Investors love numbers. Here are a few worth paying attention to.

    • Current price: $10
    • Next phase: $11
    • Launch price: $20
    • Bonus: 6%
    • Over $6 million raised, and more than 13,650 users have joined

    And this isn’t one of those endless presales that drag on for a year. The entire event is capped at just 90 days. That means only around 4 weeks remain to get in before BTC-S goes live and enters the next phase. With this kind of momentum, it’s no wonder some are calling it the shortest presale in crypto history.

    To receive your tokens on launch day, Bitcoin Solaris recommends using Trust Wallet or Metamask for smooth and secure delivery. These platforms ensure seamless distribution without requiring a connection during the presale phase.

    You can track everything directly from the main platform at bitcoinsolaris.com.

    BTC-S Tokenomics: Designed for Scarcity and Growth

    If you’re wondering what makes BTC-S truly different from Bitcoin, it starts with distribution. While Bitcoin mining now rewards whales, Bitcoin Solaris designed its tokenomics to favor longevity and fair access. The entire structure is focused on real utility, scarcity, and growth.

    BTC-S follows a fixed-supply model with a maximum of 21 million tokens. The breakdown is worth a glance and can be found on their official tokenomics page, but here’s a quick preview:

    • 66.66% reserved for mining, distributed over 90 years
    • 20% allocated to the presale
    • The rest is dedicated to liquidity, community, marketing, and development

    This long-term vision isn’t just fluff. It’s embedded into how BTC-S operates. Fair, structured, and driven by actual participation.

    In addition, Holders can now enjoy daily mini-games from Bitcoin Solaris, unlocking new chances to earn every day. Explore how it works here.

    Final Thoughts: Trump Lit the Spark, But BTC-S Carries the Torch

    Trump’s Bitcoin comments are the kind of headlines that draw eyes. But Bitcoin Solaris is offering something stronger than soundbites. It’s offering architecture, access, and opportunity. For those who missed Bitcoin’s early years and feel like they arrived too late, BTC-S may just be that rare second chance.

    And it’s not just a theory. It’s live. It’s active. And it’s fast approaching a launch that could redefine what early adoption means in this cycle.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/da8fa6b1-e655-42f5-83da-3af586f5d9cb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dd0f3d3c-9319-4033-8368-a75d65eece20

    https://www.globenewswire.com/NewsRoom/AttachmentNg/504dc2bd-4ef4-4350-866d-d8419a416555

    https://www.globenewswire.com/NewsRoom/AttachmentNg/16b32510-defe-48a8-b5c0-6d8d782d5622

    The MIL Network

  • MIL-OSI: Same Day Personal Loans Guaranteed Approval – Radcred Introduces Instant Loan Funding Option For US Borrowers In Emergencies.

    Source: GlobeNewswire (MIL-OSI)

    Glandale, California, July 03, 2025 (GLOBE NEWSWIRE) — Unexpected expenses often demand cash faster than traditional lenders can respond. RadCred’s same day personal loans guaranteed approval give U.S. consumers a practical option when time and credit scores are in short supply. Using a streamlined digital process and no credit check loans guaranteed approval, the platform reviews income and repayment ability rather than a borrower’s FICO score. That approach opens the door to urgent loans for bad credit, personal loans, no credit check, and even bad credit personal loans guaranteed approval $5,000. RadCred aims to deliver reliable funding within hours of application helping households navigate financial surprises with greater confidence.

    What Are Same-Day Loans?

    Same-day personal loans are short-term credit products structured to move from application to disbursement in a single business day. Approval is largely automated, and funds usually arrive via ACH within hours, making the loans suitable for emergency car repairs, medical bills, or time-sensitive household costs. RadCred enhances the model with no credit check loans guaranteed approval, relying on pay-stub and bank-deposit verification instead of hard inquiries. Because the decision hinges on present cash flow, borrowers with prior delinquencies can still qualify for bad credit loans guaranteed approval

    The result is an emergency loan bad credit guaranteed approval option that mirrors the speed of same day payday loans while offering the predictability of fixed monthly payments and clear personal loans no credit check terms.

    Why U.S. Borrowers Are Turning to Same-Day Loans for Quick Financial Relief 

    Rising living costs, volatile gig-economy earnings, and limited savings buffers have pushed many Americans to seek same day loans that bypass conventional underwriting. Surveys by the Federal Reserve show nearly four in ten adults would struggle to cover a $400 surprise expense amplifying demand for no credit check loans guaranteed approval that can bridge pay-cycle gaps. For households with spotty credit files, urgent loans for bad credit fill a market void left by banks’ tighter score thresholds. 

    Compared with credit-card cash advances, personal loans no credit check often feature clearer repayment schedules and lower fee ceilings. When medical deductibles or repair invoices arrive unexpectedly, an emergency loan bad credit guaranteed approval can prevent late fees, service shut-offs, or missed rent. 

    How Same-Day Loans Help Borrowers with Bad Credit: RadCred’s Guaranteed Approval Solution 

    Borrowers with sub-600 scores often meet sudden costs but lack access to mainstream credit. RadCred’s same day loans guaranteed approval address this gap by weighting affordability over history. Applicants supply recent pay statements, benefit letters, or gig-platform deposits; automated underwriting then matches them to bad credit loans guaranteed approval products sized to documented income. Because payment dates align with pay cycles, the risk of delinquency is lower than with rollover-style advances, supporting responsible use of personal loans for bad credit

    In urgent scenarios hospital copays, appliance replacement, or travel to assist family an emergency loan bad credit guaranteed approval can arrive the same afternoon, avoiding high-overdraft fees. For smaller cash shortfalls, RadCred also facilitates same day payday loans that settle in one lump sum on the next payday. 

    How Online Lending Platforms Are Fueling the Growth of Same-Day Loans 

    Cloud-based verification tools, open-banking APIs, and real-time payments infrastructure allow online lenders to approve and deliver same-day personal loans far faster than branch-based institutions. Algorithms reviewing income streams enable no credit check loans guaranteed approval with minimal paperwork. 

    Platforms such as RadCred aggregate multiple funding sources, letting borrowers compare bad credit personal loans guaranteed approval $5,000 in minutes. Because identity and income checks occur behind encrypted connections, applicants upload fewer documents yet receive clearer personal loans no credit check offers. For consumers facing an emergency loan bad credit guaranteed approval scenario, that end-to-end digitization reduces both time-to-cash and privacy risk key factors propelling online-originated same-day lending volumes.

    Why Same Day Loans Are More Popular Than Ever: Key Trends and Insights By Radcred

    Several macro forces underpin the surge in same-day personal loans. First, payroll volatility especially among contract and service workers creates intermittent income cliffs that demand rapid liquidity. Second, traditional bank branches continue to close, reducing local credit availability and nudging consumers online for no credit check loans guaranteed approval. Third, fintech competition lowers origination costs, enabling lenders to approve guaranteed approval payday loans at scale. 

    Regulatory data also show younger adults favor mobile borrowing over credit-card cash advances, citing transparent fee structures on bad credit personal loans guaranteed approval $5,000. Meanwhile, inflationary pressures raise the median emergency expense, elevating demand for urgent loans for bad credit that exceed typical payday-loan limits but still settle within 24 hours. 

    Finally, real-time payment rails such as RTP® and FedNow® shorten funding cycles, making quick disbursement a consumer expectation rather than a premium service. Collectively, these trends position same-day lending and RadCred’s digital marketplace as pivotal in the evolving U.S. short-term credit ecosystem.

    Key Features of RadCred’s Same-Day Personal Loans 

    • Soft-Pull Underwriting: Applications trigger only a soft inquiry, preserving scores while delivering no credit check loans guaranteed approval results in minutes.
    • Same-Day ACH Funding: Once documents are e-signed, partnered lenders initiate disbursement so borrowers often receive cash before the next business morning.
    • Flexible Amounts: From $300 micro-advances to bad credit personal loans guaranteed approval $5,000, loan sizes scale to verified income, giving users right-sized solutions.
    • Fixed APR & Term Choices: Customers may select shorter payoff windows for lower interest cost or longer terms for budget-friendly installments—useful for any emergency loan bad credit guaranteed approval need.
    • Integrated Repayment Reminders: Automated email/SMS alerts help prevent missed payments, supporting credit-rebuilding goals while using same day payday loans responsibly.
    • Data Security & Compliance: AES-256 encryption, SOC-2–audited servers, and state-licensed lenders protect applicant data and ensure adherence to fair-lending statutes.

    How to Get Same-Day Guaranteed Approval Loans From RadCred 

    1. Visit RadCred.com and select the same-day loans guaranteed approval application.
    2. Enter basic details—name, address, SSN (for soft inquiry), employer, and monthly income.
    3. Upload proof (pay stub or bank-deposit screenshot). This step replaces a hard pull, enabling personal loans no credit check decisions.
    4. Review offers from RadCred’s lender network. Each card shows APR, finance charge, and payoff date—ideal when comparing emergency loan bad credit guaranteed approval choices.
    5. E-sign electronically. Lenders then send a final disclosure and initiate ACH. For most urgent loans for bad credit submitted before 11 a.m. ET, funds post same day; later submissions fund next morning.
    6. Repay automatically via scheduled withdrawals, or prepay anytime without penalty.

    Eligibility for Same-Day Loans 

    • Must be a U.S. resident aged 18 or older.
    • Provide verifiable monthly income of at least $1,000.
    • Maintain an active checking account for deposits and debits.
    • Supply a working email and mobile phone for verification.
    • No minimum FICO score

    RadCred’s same-day personal loans guaranteed approval rely on real-time cash-flow analysis, extending access to applicants who may not qualify for bank credit.

    Conclusion

    RadCred’s expanded suite of same-day personal loans and same-day payday loans offers a credible lifeline when traditional credit falls short. By centering decisions on earnings rather than history, the company delivers emergency loan bad credit guaranteed approval options up to $5,000, empowering borrowers to manage surprises without enduring hard inquiries or protracted waits. Transparent pricing, encrypted processing, and licensed-lender oversight further distinguish RadCred’s marketplace positioning it as a practical, responsible choice for immediate cash-flow needs in today’s unpredictable economy.

    Disclaimer 

    All loan offers originate from independent, state-licensed lenders within RadCred’s network. Approval is contingent on meeting age, residency, income, bank-account, and regulatory requirements; therefore, “guaranteed” refers to high but not universal approval odds. Applications use soft inquiries only; late or missed payments may still be reported. Loan amounts, APRs, fees, and funding speed vary by state and lender. Funds typically deposit same day, but bank processing may delay availability. Borrow responsibly only borrow what you can comfortably repay.

    FAQ 

    Q1: How fast can I get a loan?
    If you apply before 11 a.m. ET and meet income criteria, many same-day personal loans guaranteed approval fund within hours; later submissions usually post next business morning.

    Q2: What is the maximum loan amount?
    RadCred’s network currently offers up to $5,000 for bad credit personal loans guaranteed approval $5,000; first-time borrowers may receive smaller limits based on income.

    Q3: Does applying affect my credit score?
    No. RadCred performs only soft pulls. However, lenders may report late payments, which could impact credit.

    Q4: Are there any hidden fees?
    No. Every offer details APR, origination or late fees, and total repayment cost before you accept, ensuring transparency for guaranteed approval payday loans or installment products.

    The MIL Network

  • MIL-OSI: PBK Miner announces progress on its AI cloud mining infrastructure after raising $80 million in Series B funding

    Source: GlobeNewswire (MIL-OSI)

    Carshalton, UK, July 03, 2025 (GLOBE NEWSWIRE) — Founded in 2019, PBK Miner, a UK cloud mining platform, announced the successful completion of its Series B financing, receiving $80 million to support the integration of artificial intelligence technology into its cloud mining business. This round of financing was participated by several investment institutions with expertise in the fields of blockchain and sustainable technology.

    PBKMiner said the newly raised funds will be used to enhance its global network of renewable energy data centers and develop artificial intelligence mining systems designed to improve operational efficiency. These systems are designed to dynamically manage computing resources, predict optimal mining intervals, and reduce overall energy consumption, thereby increasing block verification success rates and operational stability.

    PBKMiner currently operates more than 100 data centers in multiple countries. These facilities are powered by renewable energy such as wind and solar, in line with the company’s environmentally sustainable mining strategy. The platform reportedly serves 8.5 million users in 183+ countries and regions.

    Cloud Mining Overview

    Cloud mining allows users to access cryptocurrency mining capabilities by renting computing power from a service provider, without having to purchase and maintain physical hardware. This model provides an alternative to traditional mining, which usually requires significant capital investment and technical expertise.

    Newbie-friendly: No technical skills required. New users get an instant $10 sign-up bonus.

    In the fast-moving world of cryptocurrency, ease of use and sustainable profitability are essential. PBKMiner’s cloud mining service is an attractive option for beginners looking for a reliable source of passive income.

    PBKMiner supports a variety of digital assets, including BTC, ETH, DOGE, USDT, USDC, LTC, XRP, SOL and BCH, etc. The mining business is fully managed by PBKMiner, including hardware maintenance and infrastructure operations.

    Integration of artificial intelligence

    PBKMiner integrates artificial intelligence into the cloud mining framework, aiming to optimize resource allocation and performance in real time. This approach is expected to reduce electricity consumption in renewable energy centers and increase system responsiveness.

    The company has said it plans to expand its green data center footprint in Europe, North America, and Asia. The centers are expected to use wind and hydroelectric power to provide low-cost and sustainable mining capacity.

    PBKMiner now offers flexible smart cloud mining plans:

    • 2-day strategy: return rate +6.7%
    • 5-day strategy: return rate +6.19%
    • 15-day strategy: return rate +20.9%
    • 30-day strategy: return rate +55.7%

    These performance figures are not speculation, but are based on real usage data from millions of users. This is due to PBKMiner’s AI-driven profit optimization engine and result-oriented cloud mining model.

    One of the most attractive aspects of AI cloud mining plans is the ultra-low investment threshold and flexible contract period. For example, a 2-day cloud mining strategy starts at only $100.

    How to start AI cloud mining with PBKMiner

    1.Register: Sign up now and get a $10 welcome bonus, plus a $0.60 daily login bonus.

    1. Choose a contract: Select a mining plan that fits your budget and financial goals. All available plans support AI cloud mining.
    2. Start earning: Once your contract is activated, PBKMiner’s intelligent platform will take care of the rest – ensuring seamless and efficient mining operations to maximize your profits.

    About PBKMiner

    Founded in 2019, PBKMiner represents a new generation of AI-driven cloud mining technology, based on data, performance, and trust. The platform supports cloud mining of XRP, BTC, ETH, LTC, DOGE, and SOL. With a rapidly growing global user base, PBKMiner will stand out as one of the most promising cryptocurrency investment opportunities in 2025, especially for investors who seek sustainable long-term returns rather than speculative gains.

    For full details and participation options please visit: https://pbkminer.com

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

    Media Contact:

    Alison Evans

    PBK Miner

    info@pbkminer.com

    https://pbkminer.com

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

    The MIL Network

  • MIL-OSI: American Rebel Light Beer Congratulates John Hall on Triumphant NHRA Victory in Ohio

    Source: GlobeNewswire (MIL-OSI)

    Hall Scores First Pro Stock Motorcycle Win in Nearly 12 Years

    Nashville, TN, July 03, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB), the unapologetically patriotic lifestyle brand behind America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer (americanrebelbeer.com), proudly congratulates John Hall on his exhilarating Pro Stock Motorcycle win on his American Rebel Buell at the 19th annual Summit Racing Equipment NHRA Nationals in Norwalk, Ohio.

    Hall’s return to the winner’s circle after nearly 12 long years was nothing short of legendary. Piloting the American Rebel Motorcycle and burning red, white, and blue down the track, he gave fans across the nation a reason to cheer – and another reason to crack open an ice-cold American Rebel Light Beer in celebration.

    “It’s special because you never know if you’re going to get another one. I won twice in 2013, including the U.S. Nationals,” said John Hall. “You know, 12 years goes by and you just realize how hard it is to get one of these.”

    John got the job done in the finals on Sunday in Norwalk, chasing down Richard Gadson with a run of 6.880 at 196.67 mph. Gadson left first with a standout .021 reaction time, but Hall had enough power to slip by at the finish line, recording his first victory since the U.S. Nationals at Indianapolis in 2013.

    “As we head into the Fourth of July weekend, John’s victory couldn’t have come at a more perfect time,” said Andy Ross, CEO of American Rebel. “He represents the heart of our brand – not just in victory lane, but also through his dedication to distribution in Connecticut at Dichello Distributors (dichello.com). We’re proud to be the primary sponsor of John’s motorcycle this season. He’s a key member of our extended family, and we’re proud to celebrate his success alongside America’s birthday.”

    John Hall is President of Dichello Distributors, the distributor for American Rebel Light for 4 counties in Connecticut. Dichello was one of the early distributors to sign a distribution agreement with American Rebel Light (“Rebel Light”) and Dichello’s Connecticut territory is the top per capita sales territory for Rebel Light.

    From Nashville to Norwalk and beyond, the American Rebel lifestyle roars loudest when freedom meets fuel, and John Hall’s win embodies that spirit with full throttle glory. This holiday weekend, raise your glass, wave your flag, and salute a true champion.

    About American Rebel Light Beer

    American Rebel Light is more than just a beer – it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion.

    Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida, Indiana and Virginia and is adding new distributors and territories regularly. For more information about the launch events and the availability of American Rebel Beer, please visit americanrebelbeer.com or follow us on our social media platforms (@americanrebelbeer).

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

    For more information about American Rebel Light Beer follow us on social media @AmericanRebelBeer.

    For more information, visit americanrebelbeer.com.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebelbeer.com. For investor information, visit americanrebel.com/investor-relations.

    Watch the American Rebel Story as told by our CEO Andy Ross visit The American Rebel Story

    Media Inquiries:
    Matt Sheldon
    Matt@Precisionpr.co
    917-280-7329

    American Rebel Holdings, Inc.
    info@americanrebel.com
    ir@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of our continued sponsorship of high profile events, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the three months ended March 31, 2025. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Attachment

    The MIL Network

  • MIL-OSI: 40% of Banking Work Will Be Redefined by AI by 2030, ThoughtLinks CEO Sumeet Chabria Projects — And It’s Already Underway

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 03, 2025 (GLOBE NEWSWIRE) —  ThoughtLinks, a strategic advisory firm founded by global banking executive Sumeet Chabria and focused on banks and capital markets, released a bold projection: By 2030, nearly 40% of banking technology, operations, and knowledge work will be redefined by AI. As first reported this morning by Business Insider, these findings, based on proprietary modeling of nearly 5,000 banking processes, confirm that this change is already underway.

    Driving this transformation is the convergence of generative and agentic AI, democratized data, cloud-native infrastructure, and intelligent automation—forces that are rapidly accelerating disruption. At its core lies a structural shift altering both the nature of work itself and who performs it. A new generation of AI agents—“digital workers”—is emerging, designed to collaborate with people and amplify human capabilities.

    “AI capabilities are increasingly embedded within vendor systems, platforms, and tools, even if not yet fully activated,” says Chabria. “This is quietly accelerating structural change beneath the surface.”

    A Strategic Blueprint for Value Creation in Banking and Capital Markets

    To compete in this new reality, banks must align four strategic pillars into a practical blueprint for sustainable value. These pillars form the foundation of ThoughtLinks’ core proposition and power effective AI-enabled business goals:

    • AI-First Technology Strategy
    • Enterprise-Wide Transformation
    • Growth and Efficiency through AI
    • Future-Ready Workforce Strategies

    Where the Shift Is Already Happening

    AI-driven reinvention spans all areas of banking. Agentic AI, in particular, complements banking’s relationship-driven approach. AI agents promise to enhance interactions with customers and employees by providing context and continuity, expanding organizational capacity.

    • Consumer banking — Virtual AI assistants anticipate customer needs, answer queries, and suggest next-best actions.
    • Wealth management — AI synthesizes data, client preferences, and portfolio performance to surface personalized insights and augment advisor capacity.
    • Credit and lending — Conversational AI streamlines complex applications, flags risks early, and accelerates approvals.
    • Customer servicing — Intelligent agents resolve a growing share of routine requests, reducing costs and enhancing experiences.
    • Risk and compliance — Early deployments monitor transactions and communications in real time, detect anomalies, and escalate threats—potentially establishing a new enterprise-wide line of defense.
    • Global markets — AI supports analysts and traders by summarizing vast volumes of information, curating signals, and stress-testing investment theses.

    In technology and operations—where nearly half a bank’s workforce and suppliers operate—AI is reinventing how systems are built, tested, and delivered. The traditional software development lifecycle faces unprecedented change as more productive and faster ways to build systems emerge. In parallel, sourcing and service models are evolving as human labor moves toward AI-enabled processes, prompting a rethink of supplier strategies, operating models, and contracts.

    The scale and pace of change raise enterprise questions, such as:

    Growth & Efficiency:
    How can we scale AI effectively while delivering measurable ROI?

    Operations:
    Which processes should shift to AI, and how can doing so simplify the enterprise landscape? And how should we modernize global capability centers (GCCs) to keep pace?

    Risk & Controls:
    As we automate, how do we build smarter safeguards and ensure AI runs within strong, adaptive guardrails?

    Talent & Culture:
    Which tasks are impacted, and when? How do we rethink roles and help people view AI as a growth opportunity?

    And for the leaders navigating it all—it takes staying clear on what matters, building new disciplines, trusting your gut, and rallying the right people around a vision that makes the path ahead feel steady, not overwhelming.

    Roadmap to 2030

    As AI reshapes banking, institutions must move beyond isolated use cases and proactively assess how this technology impacts everyday tasks. This means continually examining and aligning business activities with strategic objectives.

    “The winners in this new era will not just implement AI—they will thoughtfully redesign their organizations around it,” Chabria concluded. “Their strategic advantage will come from elevating both people and performance, ensuring that human ingenuity remains central to innovation and progress.”

    About ThoughtLinks

    ThoughtLinks is a strategic advisory firm specializing in AI strategy, enterprise transformation, and innovation for banking and capital markets. Led by CEO Sumeet Chabria and composed entirely of former global C-suite executives, the firm partners with Fortune 500 institutions to drive AI-powered growth, efficiency, and workforce transformation.

    True to its name, Thought ‘Links’ connects strategic business needs to best-in-class solutions, next-gen technology, and top talent across the financial services ecosystem—empowering human potential.

    For more information, visit www.ThoughtLinks.net or learn more about our CEO and founder, Sumeet Chabria.

    Notes to Editors

    Media Contact Information
    Phone: 305-728-5283
    Email: media@thoughtlinks.net

    The MIL Network

  • MIL-OSI: MAAS Announces A Private Placement of Class A Ordinary Shares and Warrants

    Source: GlobeNewswire (MIL-OSI)

    CHENGDU, China, July 03, 2025 (GLOBE NEWSWIRE) — Maase Inc. (NASDAQ: MAAS) (“MAAS” or the “Company”) today announced the execution of a definitive share purchase agreement (the “Agreement”) with certain investors, pursuant to which the investors have agreed to subscribe for, and the Company has agreed to issue and sell to the investors, (i) an aggregate of 10,000,000 Class A ordinary shares, par value US$0.09 per share, of the Company, at a purchase price of $2.08 per share (the “Per Share Purchase Price”) (the “Share Issuance”), and (ii) warrants to purchase up to 20,000,000 additional Class A ordinary shares of the Company. The transaction is expected to generate approximately $21 million in gross proceeds from the Share Issuance.

    The exercise price of the warrants is structured in two tranches: 50% of the warrants are exercisable at 200% of the Per Share Purchase Price, with the remaining 50% exercisable at 250%. Upon the closing of the Share Issuance, the Company will have a total of 25,917,241 ordinary shares outstanding, consisting of 19,250,573 Class A ordinary shares and 6,666,668 Class B ordinary shares. Upon closing of the Share Issuance, the largest investor in this transaction is expected to hold approximately 19.29% of the Company’s total outstanding ordinary shares, representing 0.73% of the total voting power due to the Company’s dual-class share structure, assuming no exercise of the warrants.

    The transaction is expected to close by the end of July 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds to support the execution of its business plans as determined by its board of directors, to augment general working capital, and for other general corporate purposes.

    The Class A ordinary shares are being issued and sold in a private placement pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), which have not been registered under the Securities Act or applicable state securities laws and may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

    About Maase Inc.

    Founded in 2010 and formerly known as Highest Performances Holdings Inc., we have evolved with a vision to become a leading provider of intelligent technology-driven family and enterprise services. Our mission is to enhance the quality of life for families worldwide by leveraging two primary driving forces: technological intelligence and capital investments. We are dedicated to investing in high-quality enterprises with global potential, focusing on areas such as asset allocation, education and study tours, healthcare and elderly care, and family governance.

    We currently hold controlling interests in two leading financial service providers in China. The first is AIFU Inc., a technology-driven independent financial service platform traded on the Nasdaq. The second is Puyi Fund Distribution Co., Ltd., an independent wealth management service provider.

    Forward-looking Statements
    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When MAAS uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from MAAS’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: MAAS’s ability to obtain proceeds from the Agreement; MAAS’s goals and strategies; MAAS’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the third-party wealth management industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets MAAS serves and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by MAAS with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in MAAS’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. MAAS undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    Maase Inc.

    The MIL Network

  • MIL-OSI Europe: From Strategy to Success: Ireland’s Enterprise Policy Sets Stage for 2035 Vision

    Source: Government of Ireland – Department of Jobs Enterprise and Innovation

    The Minister for Enterprise, Tourism and Employment, Peter Burke has launched the fourth and final Update Report on the White Paper on Enterprise Implementation Plan, marking the conclusion of a two-year implementation period that began in 2023 and went through to 2024.

    This report showcases the significant progress made across 40 strategic initiatives underpinned by 93 activities, with over 90% now delivered or on track for completion this year. The White Paper’s 15 key target metrics also show strong performance, particularly in areas such as employment, regional investment, and exporting.

    “It is excellent to see the progress that has been made across Government in realising the ambitions and objectives set out in the White Paper on Enterprise,” said Minister Burke. “This marks a period of sustained success for Irish enterprise, built on sustainability, innovation and productivity.”

    Advancements across digital transformation include the launch of the Grow Digital portal supporting SMEs in mapping their digital journey with over 10,000 page visits. Over €1.9 million was disbursed through European Digital Innovation Hubs, benefiting 337 companies with access to research infrastructure and technical expertise. AI adoption among SMEs increased from 8% in 2023 to 14.9% in 2024.

    In terms of net zero, Ireland’s Offshore Wind Strategy, Powering Prosperity, has been implemented with 38 of the 40 actions underway and €312.6 million was approved under the Growth and Sustainability Loan Scheme.

    Innovation and enterprise growth highlights included the €32 billion target for Irish owned company exports in 2023 which was exceeded at €34.57 billion, with the sector further supported by 90 High Potential Start-Ups (HPSUs) in 2024. The Knowledge Transfer Boost Programme was launched with €33.4 million to support spinouts and innovation.

    From a regional development perspective, 234 FDI projects were secured in 2024, with 58% located outside Dublin. Full employment was maintained across 2023 and 2024 with the Smart Regions Scheme and National Clustering Programme progressing toward a 2025 launch.

    Minister Burke went on to say, 

    “This fourth update report marks the completion of the implementation period for the White Paper on Enterprise. I will shortly commence the development of Enterprise 2035, a Programme for Government commitment to develop a new enterprise strategy with the ambition of enterprise growth and job creation over the coming decade. This work will complement wider efforts across Government to place Irish enterprise on a footing to grow and compete over the long-term in the face of international economic developments. I am currently developing an Action Plan on Competitiveness and Productivity which will address areas including innovation, infrastructure, regulation and costs, scaling of SMEs, and regional development.”

    Read the report in full here.

    Editors Notes

    The commitments set out in the White Paper on Enterprise, published in 2022, represent an ambitious vision for enterprise policy in the period to 2030, which will work to enable Irish-based enterprise to succeed through competitive advantage founded on sustainability, innovation and productivity, delivering rewarding jobs and livelihoods. 

    The 15 target metrics in the White Paper on Enterprise cover the Government’s ambitions across the areas of employment and seven identified priority policy objectives:

    1. integrating decarbonisation and net zero commitments;
    2. placing digital transformation at the heart of enterprise policy;
    3. advancing Ireland’s FDI and trade value proposition;
    4. strengthening the Irish-owned exporting sector;
    5. enabling locally trading sectors to thrive;
    6. stepping up enterprise innovation; and
    7. building on Ireland`s existing strengths and opportunities.

    Following publication of this fourth and final update report, the Department of Enterprise, Tourism and Employment will commence the development of Enterprise 2035. Enterprise 2035 was set out in the 2025 Programme for Government as a new enterprise strategy with the vision for a long-term ambition for enterprise growth and job creation over the coming decade.

    This policy will supersede the White Paper on Enterprise, maintaining a focus on building on Ireland’s strengths as an open economy with strong trade and foreign direct investment, a vibrant innovation ecosystem and a resilient labour market, while also adapting to new challenges in an increasingly uncertain world.

    ENDS

    MIL OSI Europe News

  • MIL-OSI: AI Chip Market Set to Soar to US$ 229.08 Billion by 2032, Fueled by Robust 20.49% CAGR: AnalystView Market Insights

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, USA, July 03, 2025 (GLOBE NEWSWIRE) — The Global AI Chip Market is undergoing a seismic transformation as artificial intelligence continues to redefine how businesses operate, devices interact, and societies function. With a projected market value of USD 229,083.24 million by 2032 and a robust compound annual growth rate (CAGR) of 20.49%, this sector stands at the intersection of deep tech and digital transformation.

    At the heart of this momentum is a growing demand for purpose-built processing units capable of handling the high complexity of AI workloads. Traditional CPUs, once the backbone of computing, are being outpaced by AI chips such as GPUs, ASICs, FPGAs, and NPUs—designed to deliver faster computation, lower latency, and greater energy efficiency. These chips are now indispensable across sectors—from autonomous driving and industrial automation to smart consumer devices and medical diagnostics. The market’s evolution is not just driven by technological necessity but also by strategic shifts. Governments and enterprises alike are pouring resources into building resilient AI infrastructure, with the AI chip serving as the core enabler of scalable, real-time intelligence. As AI moves from concept to implementation across industries, the demand for high-performance computing is accelerating, and so is the AI chip ecosystem.

    Get a Sample Report of AI chip market @ https://www.analystviewmarketinsights.com/request_sample/AV4081

    Technology at the Core: What Makes AI Chips Different?

    AI chips are not just faster processors—they are purpose-engineered to manage billions of computations per second across neural networks. These tasks include matrix multiplications, data vectorization, and parallel execution, which are essential for AI functions like deep learning, natural language processing (NLP), and computer vision.

    Unlike general-purpose CPUs, AI chips can execute these complex operations with higher efficiency, enabling near-instant responses in applications such as voice assistants, facial recognition, and real-time translation. For cloud computing platforms and edge devices, these chips provide the processing muscle required for AI algorithms to function seamlessly at scale.

     Key Drivers Behind Market Growth

    1. Industrial AI Integration
      Businesses across manufacturing, logistics, retail, and energy are rapidly incorporating AI for predictive analytics, process automation, and intelligent decision-making. AI chips empower these systems to function in real time, transforming operational agility and accuracy. Over 70% of businesses in manufacturing and logistics are adopting AI to enhance efficiency and decision-making.
    2. Surge in Edge AI Devices
      The demand for localized, low-latency AI processing is pushing AI chip deployment to the edge—embedded in mobile phones, drones, surveillance cameras, and autonomous vehicles. This shift to edge computing is minimizing reliance on cloud infrastructure and enabling real-time decision-making.
    3. Governmental Support and Funding
      Global investments in AI R&D and chip manufacturing are expanding at a record pace. For instance, the U.S. CHIPS Act and China’s “AI 2030” initiative are fueling domestic innovation. Europe, too, is actively funding AI research with an eye on digital sovereignty.
    4. AI-Powered Consumer Products
      From smart speakers to fitness trackers and home automation, AI chips are embedded in everyday consumer electronics. Their capability to support machine learning in real-time makes them vital for user personalization and seamless functionality.
    5. Data Center Expansion and Cloud AI
      Cloud service providers like AWS, Microsoft Azure, and Google Cloud are equipping their data centers with AI accelerators to meet surging demand for model training and inference workloads. AI chips are pivotal in reducing power consumption while improving performance in such environments.

    MARKET KEY PLAYERS:

    • Advanced Micro Devices
    • Amazon
    • General Vision
    • Google
    • Gyrfalcon Technology
    • Huawei Technologies
    • IBM
    • Infineon Technologies
    • Intel
    • Kneron
    • Microsoft
    • MYTHIC
    • Nvidia
    • NXP Semiconductors
    • Qualcomm Incorporated
    • Samsung Electronics
    • Toshiba
    • Wave Computing
    • Apple INC.
    • Others

    Market Challenges: Risks Alongside Opportunities

    Despite its bullish outlook, the AI chip market faces several critical challenges:

    • Security and Privacy Concerns: As AI becomes deeply integrated into critical systems, safeguarding data integrity and user privacy is more important than ever. Misuse or vulnerability in AI processing hardware can have serious implications.
    • Supply Chain Disruptions: Global chip shortages and reliance on a few key semiconductor foundries have exposed vulnerabilities in the supply chain. Geopolitical tensions further compound this risk.
    • High R&D and Manufacturing Costs: Developing next-gen AI chips demands significant capital and technical expertise. Startups may face high entry barriers due to the dominance of large corporations with established IP and fabrication capabilities.

    TABLE OF CONTENT

    1. AI Chip Market Overview
    1.1. Study Scope
    1.2. Market Estimation Years
    2. Executive Summary
    2.1. Market Snippet
    2.1.1. AI Chip Market Snippet by Product Type
    2.1.2. AI Chip Market Snippet by Technology
    2.1.3. AI Chip Market Snippet by Application
    2.1.4. AI Chip Market Snippet by Function
    2.1.5. AI Chip Market Snippet by End User
    2.1.6. AI Chip Market Snippet by Country
    2.1.7. AI Chip Market Snippet by Region
    2.2. Competitive Insights
    3. AI Chip Key Market Trends
    3.1. AI Chip Market Drivers
    3.1.1. Impact Analysis of Market Drivers
    3.2. AI Chip Market Restraints
    3.2.1. Impact Analysis of Market Restraints
    3.3. AI Chip Market Opportunities
    3.4. AI Chip Market Future Trends
    4. AI Chip Industry Study
    4.1. PEST Analysis
    4.2. Porter’s Five Forces Analysis
    4.3. Growth Prospect Mapping
    4.4. Regulatory Framework Analysis ….

    Regional Outlook: Asia-Pacific Leads the Way

    The Asia-Pacific region dominates the global AI chip market and is projected to maintain its lead throughout the forecast period. Countries like China, South Korea, Taiwan, and Japan are investing heavily in AI education, R&D, and semiconductor infrastructure. The region also benefits from a strong electronics manufacturing ecosystem and rising demand for AI-enabled consumer and industrial products.

    North America, home to major AI and semiconductor companies, remains a critical hub for innovation. The region sees significant investment in cloud data centers, autonomous driving, and AI-driven healthcare systems.

    Europe is focusing on building ethically aligned and sustainable AI ecosystems. With a strong emphasis on regulations and cross-border collaboration, the region is shaping a trustworthy AI framework—favorable for long-term growth.

    Competitive Landscape: Innovation Fuels Competition

    The AI chip market is fiercely competitive, marked by rapid innovation, M&A activity, and strategic partnerships. Key players include:

    • Nvidia: Leading the GPU segment, with powerful AI platforms like the A100 and H100 chips.
    • Intel: Diversifying through acquisitions and offering a mix of CPUs, FPGAs, and specialized AI processors.
    • AMD: Gaining momentum with powerful multi-core GPU architectures for AI workloads.
    • Google: Driving cloud AI performance through its custom Tensor Processing Units (TPUs).
    • Apple: Integrating neural engines directly into its mobile chips for on-device intelligence.
    • Startups: Firms like Kneron, MYTHIC, and Graphcore are disrupting the market with domain-specific AI accelerators.

    Companies are steadily shifting to hybrid infrastructures that blend cloud and edge computing, emphasizing energy-efficient, scalable architectures seamlessly integrated with AI software ecosystems.

    The industry presents a high-growth opportunity driven by surging demand for hybrid AI infrastructure. Investors should focus on companies innovating in energy-efficient AI chipsets optimized for edge-cloud synergy. Priority targets include firms with robust AI software stack partnerships and IP portfolios in low-power, high-performance chips—especially in sectors like automotive, industrial automation, and next-gen robotics.

    Browse More Reports from AnalystView Market Insights: 

    Textile Recycling Market

    Medical Nonwoven Disposables Market

    High-End Synthetic Suede Market

    Bispecific Antibodies Market

    Activated Carbon Fiber Market

    The MIL Network

  • MIL-OSI United Kingdom: Martyn Oliver’s speech at the Festival of Education

    Source: United Kingdom – Executive Government & Departments

    Speech

    Martyn Oliver’s speech at the Festival of Education

    Sir Martyn Oliver, Ofsted’s Chief Inspector, spoke at the 2025 Festival of Education.

    Optimism, inclusion and Ian Dury

    Good morning, everybody. I’m delighted to be here at the festival of education; to be here in the beautiful grounds of Wellington school; here in the sunshine.

    And that’s apt because I’m hoping in the time we have together this morning we can let a little sunshine in. We can talk a bit about optimism. I want us to think about why we do what we do as educators, as people who work in this field: in many cases, as people who have dedicated their working lives to improving the life chances and prospects of a younger generation.

    I thought I’d open my speech this morning with a cliché. And I thought I’d try and find out who coined that cliché and how far back it goes. But there is no clarity about who first said, ‘school days are the best days of your life’. So, as we all do, I asked AI for the answer – and I know a lot of the discussions over the next couple of days are going to be dominated by the march of AI.

    The AI summary told me that ‘the phrase doesn’t have a clear single origin or a specific person who first said it’. It went on: “one early reference comes from a 1910 song titled School Days by Will D. Cobb and Gus Edwards which includes the line school days, school days, dear old golden rule days. While not an exact match it captures the nostalgic view of school days as a cherished time.”

    So, no answer then.

    Like all cliches, this one has survived because it works – because it’s true, at least for many of us (though not all, and I’ll return to this later). It alludes to the idea of a more carefree time, of friendships built in the playground, of growing confidence, moments of satisfaction, of joy – reasons to be cheerful to quote Ian Dury. That’s why we say it.

    I’m starting with that cliché because I want to strike an optimistic note this morning – which is not always a natural position for people in our profession to adopt. Things are always tough in education; there are always challenges to overcome. There are new expectations put on all of us – and it’s not lost on me that you’re waiting to read about Ofsted’s revised inspection model in September. There’s never enough money to go around. Doing ‘more with less’ is another cliché – as old as it is tiresome – but still a reality that we need to accommodate.

    But even so, I still believe there are plenty of reasons to be cheerful and reasons to be optimistic. And those reasons are rooted in schools. These transformative institutions that have shaped lives for centuries and will, I hope, shape them for centuries to come.

    However hard bitten and cynical we may have become over the years, most of us can look back to our school days and agree that they were, at least some of the happiest days of our lives.

    Schooling shapes lives

    I want to talk a little bit about what school meant for me.

    I’ll do my best to do this without the aid of rose-tinted spectacles. I shan’t be skipping through the daisies of my mind as it were. There’s a lot that wasn’t great about my school days. The quality of teaching and the quality of the curriculum I was taught was not good enough – and I think that was something that an awful lot of schools in the 1970s and 80s had in common. Standards were not high, and aspiration was not always encouraged.

    But, as with many of us, I had stand-out, individual teachers – people who I really connected with and who helped shape my life. People like my art teacher, Mrs Scarsbrick – she had a wonderful skill for painting and drawing landscapes. I remember that watercolour paintings of trees was her particular talent, whilst I was already increasingly focusing on portraiture, which I later went on to study.

    Then Mr Senior, the English teacher who inspired me from the first lesson at the beginning of secondary school. That very first lesson in September started with a brand new, hardback book: Steinbeck’s Of Mice and Men. We spent the first 10 minutes being instructed on how to loosen the binding and prevent cracking the spine. I also remember being devastated when he took a secondment to the USA when I was in Year 4/5 (Year 10/11 now): I took GCSEs in their first year of use and can recall even now that some teachers were totally lost in the new specification – so losing my trusted English tutor at this crucial time was especially difficult.

    And there was Mr Ashton, the PE teacher who arranged for me to go training 3 lunchtimes a week – running the well-known, and often well-hated, cross-country course with his staff, as I was a budding cross-country runner. 

    Each of these experiences recall relationships. Relationships with teachers – teachers who went above and beyond, teachers who I placed trust in and who I knew had my best interests at heart. They didn’t just inspire in art, English and PE, they inspired my interest in education, in teaching itself.

    And school had another function for me. It was the place I built friendships.

    I was extremely ill from the age of 2 to 12 (the crucial years to get the best start in life) and whilst my school attendance was good, the powerful drug I was on had clear side effects for me which affected my concentration. The drug relied on sedation – ideal in helping me be well, but not at all good for educational purposes! 

    I undoubtedly would have had an EHCP had such things existed then. Instead, I had a few stand-out teachers who cared for me as an individual and I had an army of excellent friends. The benefit of living on a new housing estate meant that many families moved onto the estate at the same time and I had dozens of peers who lived on the same street, let alone the same estate, who I could rely upon to help me.

    Generational shifts

    A lot has changed over the years in our schools. The quality of education has most definitely changed for the better. There are lots of reasons for that – including better training and development for teachers – the greater professionalisation of the sector in general. And you would expect me to make an argument that the introduction of Ofsted 30-odd years ago had a real impact in improving consistency in education and driving improvements.

    But alongside rising standards, schools have also changed to fit the needs and expectations of each generation. They’ve evolved alongside society. They have adapted to new qualifications, crafted new curriculums, embraced new subjects. Perhaps more than anything else, schools have responded to the advance of new technology.

    In my school days technology in the classroom was generally limited to that moment when the teacher would wheel out the big telly to play us a video – hugely exciting at the time of course. (The debate then was Betamax or VHS, what’s the equivalent debate now? Is it perhaps, generative or predictive AI?)

    But as computers made their way into schools, there was a more profound change. And that became seismic when the computers were no longer confined to the corners of classrooms and moved into our pockets. Their influence is everywhere and drives the debates and disagreements over the place of technology in learning.

    Artificial intelligence

    Right now, that debate is focused on artificial intelligence. It dominates the discourse in the media, and at events like this one. It’s a big topic of conversation at Ofsted and within government more widely.

    We’ve recently published a piece of research commissioned by the DfE which looks at early AI adopters in education. The research found that AI is beginning to have real benefits in terms of staff workload – particularly in areas like lesson planning; and that leaders are clear that they are prioritising safe, ethical and responsible uses of AI. So no robot teachers yet!

    It seems that there is always a commentator keen to tell us how AI will either transform learning or destroy it; how it presents an existential challenge to the traditional approach to education that we’ve all grown up with.

    But I would mount a defence of the traditional approach. Right now, many children live much of their lives online. Socially, they are never ‘off’ and always in touch with their friends. And they increasingly receive life lessons from influencers or AI– generated summaries. I would argue that the place of learning, real learning, classroom learning – with human interactions – has never been more important.

    Young people are growing up in an increasingly curated world in which their favoured influencers or corporate algorithms can have a disproportionate impression on their views and opinions. It’s more important than ever that young people are able to lift their eyes from the screen and connect with their teachers, in person.

    They need broad, balanced, considered and above all challenging information to help them learn and to help them grow. Being an art teacher, it was never lost on me that drawing makes you look harder at the world around you, it greatly increases your attention. It seems to me that many technologies now do the exact opposite and actively seek to give short-term, instant gratification.

    Not far short of 4 hundred years ago, John Milton wrote that he couldn’t ‘praise a cloistered and fugitive virtue, unexercised and unbreathed, that never sallies out and sees her adversary.’ He was arguing in favour of freedom of speech – ironically one of the great supposed touchstones for today’s keyboard warriors. Except, of course, they generally mean freedom of speech only for those that agree with them. In fact, in Areopagitica, Milton highlights the idea that true virtue is developed through experience and engagement with challenges, not through avoidance or seclusion.

    In a way there’s something cloistered about living one’s life in a curated online environment. You may be able to find ‘the best that has been thought or said’ if you go looking for it. But who’s guiding you through it? Where’s the human connection? And of course, where’s the protection?

    Community, relationships and learning

    Schools have never just been places of learning. They were, and are places of safety, even refuge. Places of community and connection. Places of friendship and humanity. They are citadels of childhood: communities within communities looking after their own and helping children develop into well-rounded adults – capable of looking after others in turn.

    Human relationships lie at the heart of every school’s success. And I’ve said ‘schools’ today, as they are the great universal service. But of course, those relationships begin for many in nurseries and continue on into further or higher education. Human connection is what makes education tick. And that is particularly true for more vulnerable children – those who need a little more attention paid to their wellbeing, alongside their education.

    Of course, schools have statutory roles to play. Safeguarding is an absolutely fundamental part of what we look at on inspection. Its principles are described over nearly 200 pages of guidance in Keeping Children Safe in Education. Safeguarding is something that all of us involved in education prioritise perhaps above everything else – and it’s a human process, not paperwork. People working together to safeguard children. Nothing infuriates me more than glib commentary about schools falling short on inspection because of duff paperwork – or schools pulling the wool over inspectors’ eyes because their paperwork is on point.

    Any of us here who have worked in schools understand that safeguarding starts with relationships. Good teachers, good head teachers know their pupils. They know which children are having a tough time in their life. They know which children are experiencing vulnerability for one reason or another. Perhaps it’s part of their life story – they are a child in care, or a child with special educational needs, or a child growing up in poverty. But really great teachers understand too that children will experience short-term difficulties – because childhood is full of challenges. Well-being issues, mental health issues, family issues, financial issues. It’s the ebb and flow of growing up for so many children and the really great schools get that.

    When I was head teacher of a secondary school with 2,200 pupils, those personal relationships were clearly difficult, but I always made it my priority to support those who needed us most, no matter how busy I might be – and that always involved working with parents and carers, as well as the pupil. I also understood, from my own personal experience, that children form relationships with those they trust – their art, English or PE teacher, in my case.

    Schools provide a safe, protective environment. To continue with my ‘citadels of childhood’ metaphor: they have walls, and they have watchers on those walls. But it’s within the walls where lives are changed. Where sparks of interest are fanned into flames and children can discover talents, they weren’t aware of, and passions that take them by surprise. They are taught the knowledge and skills that they need for life – but also the subjects that bring them joy.

    Cynics sometimes decry the norms of education. Exams are ‘gradgrindian’ in their eyes, the 3 R’s are no longer preparing children for the ‘jobs of tomorrow’. And Ofsted are accused of being enforcers for this ‘out-of-date’, ‘joyless’ system – forcing schools to jump through these hoops.

    Well let me tell you how it looks from where I’m standing. For Ofsted, teaching a full, rich range of subjects isn’t just a nice to have, it’s fundamental to a great education. Music and art and sports aren’t add-ons to the core curriculum, they are some of the most important subjects to study, in terms of developing a child’s awareness of the world around them. And in a more macro sense, feeding into the cultural evolution of our country and pushing civilization on.

    It often surprises people when I say that I started out as an art teacher, in 1995. Art was my passion then and it’s still my passion now. When I have the time I love to paint. I find that it forces me to slow down and deeply observe the world around me. But I too feel that temptation to pick up my smartphone and check my emails far too often, breaking the observational trance-like state. I can only imagine how difficult and tempting this is for children.

    Opening doors

    Of course, learning about art means learning about perspective.

    That’s a good thing in the context of mental health and well-being – such hot topics, sadly, at the moment. But if you think about the influence of art on human history – its central role in the Renaissance, or the influence of perspective on the Age of Discovery – art has been a driver of exploration, of invention and pushing back the frontiers of human knowledge.

    It is also no surprise to an art historian that there is expression in breaking the established rules – that’s the essence of original creativity. So 500 years after the rules of perspective were established, the Cubists proved this point. Life evolves as we move with the times. Another favourite quote of mine is from Lampedusa’s, Il Gattopardo, “if we want things to stay as they are, things will have to change”. It’s quite a common refrain that children should be taught ‘creativity’ – but creativity relies upon a deep understanding of knowledge and facts; it comes from pushing at the limits of knowledge, and first you need to be taught where those limits are.

    Every subject we teach our children opens doors for them. So, the rounded classroom experience: a broad and rich curriculum, structured carefully by expert teachers and taught within a safe and welcoming environment, is fundamental to the intellectual growth of individuals and the development of society. Matthew Arnold’s quote still holds. ‘The best that has been thought and said’ still matters. And while an AI-enabled search engine can find the raw material, I wouldn’t want to entrust the teaching to the same machine – at least not without the art and skill of the teacher as a guide and storyteller.

    The classroom experience is based on human relationships and a sense of belonging. I spoke about the first priority for schools being the safety of children. Well, children feel safe when they know somebody cares. When they know that their teachers will show up and keep showing up day after day to make sure they’ve learned what they were taught yesterday and are ready to learn something new today. We can’t outsource human contact. Teachers are, and must always remain, the heart of education.

    And education is an exercise of the heart as much as it is of the head. It’s about support and care, as well as instruction. They go hand in hand. Which brings me on to inclusion.

    Inclusion

    As you’ll all be aware Ofsted will publish the full details of our revised education inspection framework in early September. We’re taking time to analyse and consider all of the feedback we were given in the public consultation this spring. There will be some changes from the proposals we published back in February. But I don’t think I’m jumping the gun to say that inclusion will remain a central tenet – perhaps the central tenet in our new approach.

    And I hope the reason for that is obvious. It’s my north star. Inclusion is both my guiding principle and the fire in my belly. That was true as a teacher, as a head of sixth form, as a head teacher, as a multi-academy trust leader. It’s true now for me as His Majesty’s Chief Inspector.

    Those of you who have spent far more time than is healthy listening to or reading about the things that I’ve said since taking on the job, will have heard me talk about vulnerable and disadvantaged children. Asserting repeatedly that if schools get it right for the most vulnerable and disadvantaged among their pupils, they will get it right for all of their pupils.

    I use that phrase time and time again because I happen to believe that it’s true. And I have been challenged on my assertion now and then. But I have never seen or heard of a school that looks after the interests of disadvantaged and vulnerable children perfectly well but lets down those pupils who aren’t grappling with some of life’s more obvious challenges.

    That’s because those schools get it. They know their children and they understand that the secret of success lies in the relationships that bind the school community together.

    A school that truly understands the needs of its pupils will do right by its most vulnerable children, by its most gifted students and by all those children in-between.

    As always when we at Ofsted talk about a concept – like inclusion – it sparks debate and it energises the commentators and consultants to try and unpick what we mean.

    It’s really about relationships. It’s about belonging and thriving. It doesn’t mean being soft on behaviour or attendance. It doesn’t mean taking a dim view of head teachers who find the need to suspend or exclude a child, either in the pupil’s best interests or the interests of their classmates.

    When we talk about schools as places where children can feel safe, to grow, develop and express themselves we mustn’t forget how stabilising it is to understand the rules and to know they will be applied consistently and fairly. In the words of that 1910 song again: “School days – dear old golden rule days.”

    No – inclusion is about making sure that all pupils feel that they belong – no matter their personal talents or aptitudes, or the barriers and obstacles they need to overcome to feel that sense of belonging.

    And it is about putting disadvantaged and vulnerable children at the heart of what you do – as they will be at the heart of what we do as an inspectorate.

    And just as the term ‘inclusion’ can be a little hard to pin down, it’s also not easy to define what we mean by vulnerable. I think we all instinctively have a better understanding of disadvantage. There are clearer definitions. I’m sure everybody here who works in a school will be aware of how many of their children attract pupil premium for example. I’m sure many of you could reel off names.

    The concept of vulnerability is a little looser. Statutory responsibilities point us to formal designations: children with SEND, children who are looked after by the state. It’s absolutely right that we all maintain a laser-like focus on those children. But what about others who are experiencing vulnerability?

    I recently met with groups of young carers. Listening to their experiences and perspectives was both interesting and humbling. They feel a bit forgotten. All too often they are not included in our headline definitions of vulnerable children. And yet they are vulnerable. They don’t have the care structures that so many of us took for granted during our own childhoods. Instead, they themselves are the care structures for the adults in their lives. That has a huge impact on the way they view themselves, the way they view their potential and the way they think about their future.

    This week we published a piece of work that we commissioned from the National Children’s Bureau. We asked the NCB to consider how we might better define vulnerability in the context of our work.

    Their report is entitled ‘from trait to state’ and the definition of vulnerability that it puts forward leans into the idea that children move into and out of various degrees of vulnerability throughout their childhood.

    This describes vulnerability less as an immutable trait and more of a fluid state. It’s an interesting, and a logical concept, speaking to the importance of relationships that I’ve addressed in my comments today. Of course, it doesn’t detract from the responsibility that we all have to the children with SEND, those in care and children supported through pupil premium funding.

    But I think this definition gives us more latitude to think about how life impacts on the well-being of children in different ways, at different times. And how we best address vulnerability within the safe and nurturing communities that we create.

    I remember a particularly vulnerable cohort of SEND students who my SENDCO was desperately worried about leaving school at 16. So, she worked with their families and offered a uniquely bespoke post-16 course which gave this group the time and support that they needed to prepare for the transition to further education and employment. My wonderful SENDCO knew the children and worked to influence the entire school’s post-16 provision to meet their needs…it wasn’t a case of insisting that those children meet the needs of the school!

    Aspiration and optimism

    Education should be aspirational. And it should be aspirational for every child. Not everyone can ace their exams and get into Oxbridge. Not everyone will want to. Not everyone will turn a passion for music into a career as a concert pianist. But everyone can aim to learn a little more, develop a new skill and improve themselves one step at a time.

    That is as true for children with SEND as it is for those without; it’s as true for the poorest children as it is for the wealthiest. That’s not to deny the existence of barriers, but rather to flag a determination to overcome them.

    And if we are aspirational for all children, it stands to reason that we should be aspirational for all schools. I nodded earlier to the influence of Ofsted over the last 3 decades. I do believe that inspection helps schools look at where and how they can improve. It doesn’t make the improvement happen – that’s down to brilliant teachers and brilliant leaders working within their school community. But done right inspection can provide some pointers in the right direction.

    I’ve repeatedly said that I want inspection to feel done with not done to. That’s not just a nice touchy-feely sentiment. I want inspection to mirror what goes on in the places we inspect. Education at its best is done with, not done to. The best schools – the citadels of childhood – are places of belonging, rooted in human relationships and a sense of shared endeavour. They are optimistic places.

    Optimism isn’t easy. Particularly at our age…and especially if we read the papers!

    But children are optimistic. It’s a natural state of mind when you’re young, with your life stretching ahead of you, enjoying the best years of your life.

    It’s so much easier to be pessimistic and cynical as you get older. Because they are learned behaviours. But they should never be taught ones.

    That’s on all of us.

    Thank you for all you do for children and learners – and thank you for listening.

    Updates to this page

    Published 3 July 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: expert reaction to Government’s 10 Year Health Plan

    Source: United Kingdom – Executive Government & Departments

    Scientists comment on the Government’s 10 Year Health Plan. 

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

    “This bold and visionary 10-year plan that embraces the digital-data revolution will position the UK to lead again in health innovation.

    “We particularly welcome the move toward a neighbourhood health service. We know from our research and our community of people with lived experience of dementia that this is what they wish to see. At the UK Dementia Research Institute, our researchers are working with the NHS to integrate ‘at home’ pioneering digital and AI tools and technology to allow people with dementia to live safely, well and in their own homes for longer with reduced need for hospitalisation.

    “As the UK’s national research institute for dementia and related neurodegenerative conditions, we are leading transformative research that will lay the ground for individualised prediction, prevention and brain protection to ensure healthy brain ageing for all.”

     

    Professor Steve Turner, RCPCH President, said:

    “The 10-Year Health Plan makes a bold and welcome commitment to transforming the NHS into a more accessible, community-focused service, and offers a vital opportunity to reimagine how we deliver care to children and families. I’m really pleased to see the Plan emphasise prevention, early intervention, and integrated care. Embedding paediatric expertise within neighbourhood health teams, alongside mental health professionals, health visitors, and community workers, could be transformative for children – especially those with complex or long-term conditions.

    “Fundamentally, the success of this plan will also depend on sustained investment in the paediatric workforce. Children’s needs are unique, and these new models of care must be underpinned by adequate staffing, training, and support for professionals working in community settings, alongside equitable funding between children’s and adult’s services.

    “We must jointly seize the opportunity to transform child health, and as such RCPCH now look forward to working closely with government and NHS leaders to deliver a robust implementation plan for child health and realise the government’s ambition to raise the healthiest generation of children ever.”

     

     

    *DHSC Press Release: https://www.gov.uk/government/news/pm-launches-new-era-for-nhs-with-easier-care-in-neighbourhoods

     

    Declared interests

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

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Managing healthcare easy as online banking with revamped NHS App

    Source: United Kingdom – Government Statements

    Press release

    Managing healthcare easy as online banking with revamped NHS App

    NHS App to become complete digital front door to NHS, where patients book appointments, manage medicines, and view data

    • PM sets out how 10 Year Health Plan will bring NHS into 21st century to meet the needs of patients around the country
    • Patients to make self-referrals via App, connect with a clinician, link-up wearable tech, and gain free access to health apps
    • Plan for Change will rebuild NHS and see ground-breaking Single Patient Record finally in one place – viewable on App from 2028

    Patients will be able to access a range of healthcare services and advice at the touch of a button, Prime Minister Keir Starmer has set out today, as the Government’s Plan for Change drives forward fundamental reform to the NHS to make it easier and fairer for everyone to access the care they need.

    Launching the 10 Year Health Plan today – the government’s roadmap to rebuilding the health service to make it fit for the future – the PM set out how the App will act as a digital front door to the health service, overhauling how people get advice, manage appointments and interact with services to make their healthcare more convenient and more personalised.

    For the first time, patients will be able to book, move and cancel all their appointments on the App – ending the 8am scramble for a GP – and the App will use artificial intelligence to provide instant advice for patients who need non-urgent care, available 24/7.

    Through the plan, which has been published in Parliament today, patients will have quicker, better access to the right care. They will be able to self-refer on the App to mental health talking therapies, musculoskeletal services, podiatry, and audiology – freeing up GPs and new Neighbourhood Health Services to focus on providing direct care while dramatically slashing waiting lists for these services – delivering on the government’s Plan for Change promise to cut waiting lists.

    Accessing healthcare will be quicker than ever thanks to expanded features on the app. People will be able to manage their medicines and book vaccines from their phone, connect with a clinician for a remote consultation, and even leave a question for a specialist to answer without making an appointment. Patients simply being able to book an appointment digitally rather than today’s convoluted process will save the NHS £200 million over 3 years.

    For parents, the new App will deliver a 21st century alternative to the ‘red book’, ensuring that their children’s medical records are available to them in their pocket, so they do not have to carry their red books to every appointment. It will also provide advice and support throughout childhood, offering guidance on weaning and healthy habits. Over time, it will record feeding times, monitor sleep, and use AI analytics to understand the best way to care for children when they are unwell.

    The changes will build on the progress Government has already made to increase the number of hospitals allowing patients to view appointment information on the app. Almost 12 million fewer paper letters have been sent by hospitals since July 2024. Forecasts for this year show the use of in-app notifications for planned care will prevent the need for 15.7 million SMS messages.

    Prime Minister Keir Starmer said:

    For far too long, the NHS has been stuck in the past, reliant on letters, lengthy phone queues and even fax machines.

    But that doesn’t match the reality of our daily lives, where everything from shopping and banking to entertainment and travel can be sorted with the touch of a button from our phones.

    To rebuild our NHS, we have to make sure it reflects the society it serves. That’s why our 10 Year Health Plan will bring it into the digital age by opening up fairer and more convenient access to healthcare. Through our new App – a digital front door for your care – parents will be able to keep track of their children’s health through an online ‘red book’ fit for the 21st century, and we will put a stop to patients having to endlessly repeat their medical history thanks to a single patient record.

    Our Plan for Change promised to make our NHS fit for the future and that’s what we are getting on with delivering – fixing the foundations of our health service and making sure it will be there to look after us for decades to come.

    This is one major arm of the technological innovation at the heart of the 10 Year Health Plan launched today, which also includes introducing the single patient record, rolling out AI scribes to take notes for clinicians, using Generative AI to create the first draft of care plans, and introducing single sign-on for NHS software.

    The government’s 10 Year Health Plan sets out the fundamental reforms we will deliver to address the challenges facing the health service in the face of inherited underinvestment and neglect and the evolving needs of a modern society.

    Speaking at the launch of the plan today, the PM set out how the plan will deliver three key shifts to make the NHS fit for the future: hospital to community; analogue to digital; and sickness to prevention. Through fundamental reforms to rewire the NHS around these shifts, the plan will deliver the government’s pledge to cut waiting lists, improve healthcare for everyone wherever they live, and ensure the NHS is equipped to look after us for decades to come.

    This historic transformation will fundamentally change the future of healthcare, and it will be underpinned by a new Single Patient Record. This will finally bring together all of a patient’s medical records into one place, so patients do not have to repeat their medical history to each clinician they see. The Single Patient Record will make sure patients get seamless care no matter who they are being treated by in the NHS.

    Two-thirds of outpatient appointments – which currently cost in total £14 billion a year – will be replaced by automated information, digital advice, direct input from specialists and patient-initiated follow ups via the NHS App.

    Health and Social Care Secretary Wes Streeting said:

    The NHS App will become a doctor in your pocket, bringing our health service into the 21st century.

    Patients who can afford to pay for private healthcare can get instant advice, remote consultations with a doctor, and choose where and when their appointments will be. Our reforms will bring those services to every patient, regardless of their ability to pay.

    The 10 Year Health Plan will keep every patient fully informed of their healthcare and make using the NHS as easy and convenient as doing your banking or shopping online. It will deliver a fundamental shift in the way people access their care – from analogue to digital.

    A new Single Patient Record will bring an end to the frustration of repeating your medical history to different doctors. Instead, health and care professionals will have your record in one, handy place, so they can give you the best possible care.

    Through our Plan for Change, this Government is shifting care to digital and delivering an NHS which is truly fit for the future.

    The Government will make the Single Patient Record possible through new legislation that places a duty on every health and care provider to make the information they record about a patient, available in the Single Patient Record. 

    We will also legislate to give patients access to their record by default. From 2028, patients will be able to view it, securely, on the NHS App. Over time, that data will include not only medical records, but a personalised account of health risk, drawing from lifestyle, demographic and genomic data – helping catch problems early before they develop, and prevent people from poor health.

    The Single Patient Record is designed as National Critical Infrastructure. This means it will be built and maintained to meet the highest levels of security, equivalent to those used for the UK’s most vital systems, such as energy and transport networks. Health and care professionals treating and caring for a patient will have secure access to their record; patients can control who else they share it with and will have a robust audit trail of who has accessed their record.

    Sir Jim Mackey, Chief Executive at NHS England, said:

    The NHS App will be at the heart of the tech transformation we’re planning for the NHS to give people much more ownership of their healthcare – all from wherever they are at the tap of a screen. 

    Millions of us already have the app downloaded on our phones and the improvements we’re introducing as part of the 10 Year Health Plan, from booking appointments and speaking to clinicians online to seeing all your medical records in one place, will make the NHS App the digital front door to the NHS.

    A My Health tool will include real-time data from wearables, biometric sensors, or smart devices and will connect to relevant NHS data too – whether that is the results of recent tests at home or in a neighbourhood health centre. Wearables will be able to feed vital data into the App such as step count, heart rate and sleep quality, to provide tailored, personal health advice. The single patient record will have robust security controls.

    And a new My NHS GP tool will harness AI to direct people to the most appropriate and timely care they need. In some cases, it will advise on self-care – and help direct patients to well-evidenced consumer healthcare products. In others, it might direct to a community pharmacy, a neighbourhood health centre or to emergency care.

    Over the course of the plan, the features set to be developed through the NHS App will include the ability to:

    • My NHS GP – book a remote or face-to-face appointment, and receive personalised health advice using new AI tool
    • My Specialist – self-refer when clinically appropriate and leave a question for a specialist to answer
    • My Consult – connect with a clinician for a remote consultation
    • My Medicines – manage repeat prescriptions for delivery/collection and receive reminders
    • My Care – book and manage appointments, enrol in a clinical trial and access Single Patient Record
    • My Companion – get information about a health condition or procedure, and ask AI or a clinician a question
    • My Choices – find nearest pharmacy, the best providers, and leave feedback on services
    • My Vaccines – see when vaccines are up-to-date and book appointments to get them organised, and find travel vaccine info
    • My Health – bring data like blood pressure, heart rate, glucose levels together, and include real-time date from wearables or smart devices
    • My Children – a digitised red book, where parents can get advice and support for parents throughout childhood
    • My Carer – securely prove you are a carer, book appointments and talk to your loved one’s care team

    Caroline Abrahams, Charity Director at Age UK said: 

    It’s clear that technology is set to transform many aspects of our lives for the better over the next decade, including the delivery of healthcare and how we interact with the NHS.  

    The potential of the NHS App for example, is truly exciting, but we must also ensure that no one is left behind, including the many millions of older people who are not online and who often want and need to use more traditional means of communication, such as telephone and face to face.  

    The Government’s commitment to a digitally inclusive approach is really important in building public trust. It is also essential for the NHS’s promise of being equally accessible to continue to hold true in our increasingly digital world. The voluntary sector can certainly help by supporting people who are not digital natives and at Age UK we look forward to playing our part in this way.

    Julian David, CEO, techUK said: 

    We welcome today’s announcement as a landmark moment in the digital transformation of the NHS. The enhanced NHS App marks a bold step forward in putting citizens at the centre of their care, empowering patients with the same ease, accessibility, and control we expect from modern digital services. 

    Ongoing and meaningful engagement with the tech sector will be essential to delivering this transformation at scale. techUK will continue to work with government, NHS bodies, and our members to ensure this transformation is inclusive, secure, and future-ready.

    Boosting the App will not only benefit those managing their healthcare digitally but will also free up capacity in traditional healthcare routes and provide more access to care and appointments – freeing up phone lines so calls are answered on time and freeing up GPs’ capacity to offer face-to-face appointments.

    The government will aim to empower and upskill everyone to feel confident using the NHS App so that they can benefit from the additional access to services and the greater convenience the App will bring.

    The government will continue a partnership with libraries and other community organisations to set people up on the App, with show-and-tells to teach them how to use it and reap the benefits – this will be alongside ongoing work across government to improve access to technology and boost confidence among groups that have previously struggled.

    Children’s Commissioner Dame Rachel de Souza said: 

    The foundations for a healthy life are laid in childhood, so an ambition of creating the healthiest generation of children yet is an important step towards tackling the deep inequalities in their healthcare. 

    I have long called for a child’s ‘red book’ to be digitised, so this is a really welcome move. Taken with plans currently going through Parliament to develop a unique childhood identifier, will vastly improve how we protect and care for the most vulnerable children, with fewer in danger of falling through gaps in services. 

    Children tell me that when they need additional support, they want it in one place, so creating neighbourhood services that bring different professionals under one roof will make a practical difference in their lives, as will increasing access to GPs and dentists.

    Andrew Davies, Executive Director of Digital Health, Association of British HealthTech Industries (ABHI), said:  

    This transformation of the NHS App is an important milestone for healthcare delivery. A single, secure platform to access a range of services, digital tools and therapeutics, and connect devices will enable patients to more effectively engage with their care.  

    This plan showcases how HealthTech can drive a more efficient, personalised and accessible NHS, which in turn will free up time for clinicians to focus on care where it is needed most. Our members look forward to working with the NHS and Government to ensure these digital tools are implemented successfully and deliver meaningful benefits for patients across the country.

    Rachel Power, Chief Executive, the Patients Association said: 

    We welcome the government’s ambition to expand the NHS App as a central part of the 10 Year Health Plan. It could deliver the fundamental change patients have asked for in their interactions with the NHS, including the ability to manage their appointments, self-refer to vital services, and, in three years’ time, be able to view their health records through the Single Patient Record.  

    Our work with patients shows that those using the app often feel more in control and more satisfied with their care. But with nearly one in four still facing barriers to digital access, we must ensure that innovation doesn’t come at the cost of inclusion. If the NHS App is to become the digital front door, there must always be a real-world, accessible front door as well, with face-to-face or telephone options in place for those who need or want them. True progress means making the system work for everyone.

    Professor Habib Naqvi, chief executive of the NHS Race and Health Observatory, said: 

    We need a more focused and systematic approach to tackling health inequalities and addressing unacceptable variation in healthcare amongst our communities. A key enabler for this endeavour is digital tools. The transformation of the NHS App has the potential to lead to a more efficient, agile, and technologically enabled NHS – an NHS that will deliver care quicker and closer to where people live. The App will empower people and transform the way the public receives healthcare and engages with NHS services. The Observatory will help ensure this shift, in the way healthcare is provided, benefits all communities equitable.

    Jacob Lant, Chief Executive of National Voices said: 

    Technology is moving at a blistering pace, and quite simply the NHS has failed to keep up. So, the increased emphasis on the App and other digital services is welcome, especially where it can help the NHS meet expectations that have become common place in other sectors.  

    Critically the Plan recognises there will always be patients with more complex needs and commits to using the resource freed up by digital innovations to continue offering more traditional forms of access to those who need it.” 

    Richard Stubbs, Chair of the Health Innovation Network said:  

    It is right that the 10 Year Health Plan will establish the digital and data foundations of the NHS to realise the potential of health innovation in empowering patients, better supporting the NHS workforce and driving economic growth in every community.  

    The Health Innovation welcomes the focus on AI, expansion of the NHS App and the commitment to a single patient record, all of which will involve innovation partnerships to deliver change to local services, that will have a national impact. 

    The 15 health innovation networks across England, look ahead to operationalising these plans and working with our partners to find, test and implement at scale innovations that improve patient outcomes, increased NHS productivity and reduce waiting lists, while delivering economic growth. If we get this right we will not only greatly increase outcomes and satisfaction for our patients, but we will also boost our essential life sciences sector and, as our Defining the Size of the Health Innovation Prize report found, add up to £278bn a year to the UK economy.

    Updates to this page

    Published 3 July 2025

    MIL OSI United Kingdom

  • OPCW hosts 23rd Asia Regional Meeting to boost Chemical Weapons Convention implementation

    Source: Government of India

    Source: Government of India (4)

    The Organisation for the Prohibition of Chemical Weapons (OPCW), in collaboration with India’s National Authority Chemical Weapons Convention (NACWC), convened the 23rd Regional Meeting of National Authorities of States Parties in Asia from July 1 to 3, at Vanijya Bhawan, New Delhi. The meeting brought together senior officials from OPCW, international delegates from across Asia, and representatives from India’s Ministry of External Affairs and Cabinet Secretariat.

    This regional meeting is part of the OPCW’s ongoing efforts to support the effective implementation of the Chemical Weapons Convention (CWC), which came into force in 1997. With 193 member states, the OPCW is the global authority overseeing the verifiable and permanent elimination of chemical weapons. The organisation was awarded the Nobel Peace Prize in 2013 for its commitment to global chemical disarmament.

    India, an original signatory to the Convention, has played a significant role in furthering its objectives. The NACWC, the national body responsible for implementing the CWC in India, recently mentored Kenya’s National Authority under the OPCW’s Mentorship/Partnership Programme, aimed at enhancing implementation capacities worldwide.

    The Indian Chemical Council (ICC), the country’s oldest chemical industry association, also received international recognition for its work in promoting chemical safety and compliance. In 2024, ICC was awarded the OPCW-The Hague Award, marking the first time a chemical industry body anywhere in the world received this honour. The award acknowledged ICC’s contributions to advancing the goals of the Convention and improving industry-wide safety and security practices in India.

    This year’s regional meeting in New Delhi served as a platform for 38 delegates from 24 Asian countries — including Australia, Bangladesh, Bhutan, China, Japan, the Republic of Korea, Singapore, and the United Arab Emirates, among others — to share experiences, discuss national implementation challenges, and exchange best practices. The discussions addressed key topics such as legislative frameworks, chemical safety and security, the role of industry stakeholders, and the emerging use of Artificial Intelligence in chemical monitoring and compliance.

     

  • MIL-OSI United Kingdom: Local Government Association Conference 2025

    Source: United Kingdom – Executive Government & Departments

    Speech

    Local Government Association Conference 2025

    A speech from the Deputy Prime Minister at the Local Government Conference.

    Can I just start by saying how proud I am to be back here in Liverpool.

    And I’m sure you’ve all heard the devasting news this morning about the tragic loss of legend Diogo Jota.

    I know everyone here, his fans and the city of Liverpool will be heartbroken by this news.

    My thoughts are with his family at this saddened time.

    It’s a pleasure to look out at a room full of people dedicated to serving the communities that you represent.

    From Barnsley to Barrow – Cornwall to Cheshire…

    Councillors and mayors are delivering day-in, day-out for local people right across our country.

    I know how hard you work

    I know the difference you make

    I’m for local government because I’m from local government.

    And yes, I wasn’t a councillor. But as a home help and a carer I was on the front line delivering local services.

    And as a union rep, I worked with the leadership of a council to transform the service I worked in, for the good of the people that we served.

    And as a young mum, facing low pay and insecure hours without much of a safety net, it was the Sure Start centre and the council home that helped me turn my life around.

    The services that you deliver every single day changes lives

    And I say that not just as the Deputy Prime Minister, but as someone whose own life was changed by local government

    It’s why, in me, you will always have a Secretary of State that sees you as a partner, and not a punchbag.

    And Conference, it may not surprise you to know – but I’m not a patient person.

    I’ve been restless for 14 years.

    I’m restless to give local people a stronger voice.

    I’m restless to put decision-making in the hands of the people who know best.

    I’m restless to restore local government and provide the change that we were elected to deliver.

    Because I know how hard it has been

    How it feels at the sharp-end at local government level

    That’s why every single day in Westminster I’m fighting to turn that around

    To put power back in your hands, and deliver for communities the length and breadth of Britain.

    So – almost 12 months ago from the General Election, what have we delivered?

    Just last month, in the Spending Review we announced five billion pounds of new funding for local services.

    New funding means an 8% increase in Government funded spending power in the next four years compared to a reduction of 24% in the first four years of the last government.

    We’ve delivered a £4 billion uplift to adult social care

    alongside a targeted recovery grant of £600m for the areas most in need

    we doubled the direct investment in preventative children’s social care services.

    and provided a record £1.6bn for local road maintenance, enough to fill an extra 7 million potholes over the next year. I knew that would wet your whistle.

    And an uplift for every single local highway authority.

    We have refused to repeat the mistakes of the past which took the axe to your budgets, and left our communities to pay the price

    You made the case for local government, and we listened.

    That’s why we’re rolling back the era of micromanagement too, with simpler funding, and a rapid consolidation of your Finance Settlement.

    We are handing you the freedom and flex to meet local needs without needing to get sign off from central government for the most minor change.

    And right now, the paperwork you’re asked to fill out for micro-managed funds every year would stretch from here to the West side of Wirral!

    There’s no justification for that – so we’re cutting it down

    Meaning that you can focus on your priorities, not filling out forms.

    And with more flexible funding, we’re giving you the opportunity to work more collaboratively including through new pilots so councils and mayors can pool budgets and do joined-up services, learning the lessons of projects like Total Place – the last Labour government’s pioneering reform programme.

    Because we know every ambition of this government requires an active, empowered and strong local government.

    And we were elected to bring change, and that change can only be achieved in partnership with you.

    Nowhere is that more obvious than housing.

    None of our ambitions are possible without the support and the expertise of people here today.

    And the extraordinary examples of so many leaders in this room have inspired us to go further and faster.

    Right here in Liverpool, under the leadership of Council leader Liam Robinson and the Mayor Steve Rotheram, this great city is going from strength to strength. 

    You only have to look at the incredible regeneration of the Liverpool Waters district – not too far from here, with new funding unlocking around 2,350 new homes.

    Now Liam said the Central Docks could act as a “beacon for what housing developments in the 21st century can and should be”. 

    It’s hard to argue with that.

    But you know – and I know – you need a government that matches your ambition. 

    And that’s why I am so proud to say that just last month we announced the biggest increase in the social and affordable homes budget for a generation!

    Our historic £39 billion of new Social and Affordable Homes Programme aims to deliver around 300,000 new homes with at least 60% for social rent.

    This is a personal priority not just for me, but for the whole of this Government.

    And I say that, in the context of 160,000 children that are growing up in temporary accommodation

    When a million are living their lives on social housing waiting lists, no government should sit back whilst people live their lives in limbo.

    So through investment and reform, this government is backing councils and the whole social housing sector to deliver council housing.

    That means a brighter future where families aren’t trapped in temporary accommodation and young people are no longer locked out of a secure home.   

    And we’re giving the sector certainty in other areas too.

    A ten-year rent settlement, consulting on how to implement rent convergence,

    Giving social landlords equal access to the building safety funds – for the first time ever

    And in the Autumn, we’ll confirm our approach to help councils to borrow from the Public Works Loan Board.

    And on top of this, we’re also committed to reforming the support given for skills capacity with a new Council Housebuilding Skills & Capacity Programme

    And that will be a partnership between the LGA and Homes England – backed by £12 million in funding – and it will also help you get the skilled staff you need to build.

    And the scale of this challenge means we all need to play our part.

    Local authorities, housing associations, investors, developers, housebuilders, and regulators are all vital to help us reset social housing – so that it’s treated, once again, as the national asset that it is.

    Now, taken together with our bold planning reforms, the new National Housing Bank and the billions we’re putting into transport and infrastructure

    there’s a real opportunity here for councils.

    Opportunity not just to build the decent, and secure homes that working people so desperately need, but to build stronger communities at scale and at pace. 

    Our goal of delivering 1.5 million homes will only be met by building affordable homes, with councils in the driving seat.

    We want our new Programme to be a game-changer.

    We’re setting a target which is six times more than were built in the last decade.

    The truth is for too long, the potential of what local government can achieve has been underestimated by Whitehall.

    Our government was elected to deliver change, and I know how fundamental you all are to delivering that.

    But you’re all having to work within a broken system.

    You’ve been left unequipped to deliver what is being expected of you.

    And despite the huge sums that you’re spending on public services

    On adult Social Care

    Children’s Social Care

    SEND

    and temporary accommodation

    I’m hearing loud and clear from you all, that these services are still not working for the people who need them.

    And the truth is that Westminster just hasn’t kept its side of the bargain.

    Public services need reform, and the onus is on us to work with you to deliver it.

    And that is why I am here today to fire the starting gun on a new way of working with you to deliver the reforms we know are needed.

    First, we are today announcing a fundamental shift, to radically simplify the funding and reporting regime that underpins your work.

    Through a new Local Government Outcomes Framework, we will move together to a completely new way of measuring performance.

    And this will be focused on delivering what we know matters most.

    Outcomes like kids learning to read and write

    people living healthier lives for longer

    and communities feeling safe.

    It brings everything in line with the government’s broader Missions and the Plan for Change

    And means prioritising the long term, instead of getting caught up in the nuts and bolts.

    The aim is that it frees you up to deliver meaningful outcomes

    And facilitates a shift towards prevention.

    But I know that we don’t have all the answers

    So my promise to you, is that if you come with a new way of delivering a service and it shows results, we will work with you to pursue it.

    The micromanagement of previous governments failed

    It wasted taxpayers’ money, and got us into the mess we’re in now.

    We can all recognise there are times when governments have to step in

    And make no mistake, that I’m still prepared to intervene where there is failure to deliver

    But it has to be by the book – and we can’t have a ‘Westminster knows best’ attitude.

    That is why we’re putting together a clear menu of actions of how government will respond where services are failing.

    I want everyone to know where they stand so concerns and weaknesses can be picked up before they become a crisis.

    And I’m committed to writing this with the sector, to get this right the first time.

    There’s real urgency to this – so to the Chief Executives and the Council Leaders here today

    Keep an eye on your inbox, because straight after this speech today, you’ll be receiving details of how to get involved.

    Now everyone in the room knows that ending Whitehall micro-management also means sorting out the spaghetti soup of obligations facing local government.

    That’s why, alongside our new Outcomes Framework, we’ll be launching a comprehensive review to ensure unnecessary regulations and needless asks from government aren’t getting in the way of you serving your communities.

    We will harness the Government’s AI team to unlock efficiencies.

    And work lock step with the LGA so we get it right.

    So, that’s two fundamental shifts in the way this government is doing business with local leaders.

    And we won’t stop there.

    Money is understandably at the forefront of everyone’s minds in this room.

    You watched as your communities were unfairly short-changed for too long.

    So that’s why – my third pledge – is to make good on a promise I made countless times in Opposition.

    A promise to fund councils on the basis of need.

    The last government promised a Fair Funding Review back in 2016, they recognised how outdated and unfair the funding process was back then.

    [Political content removed]

    But not under my watch.

    Anyone who knows me, knows I don’t make promises that I can’t keep!

    I listened to the people in this room calling for government funding to recognise the unique challenges of their place

    whether that be rising temporary accommodation or even the pressure caused by huge footfall in coastal communities on the weekends.

    Many of you – including our colleague, the Minister for Local Government – campaigned for this change for decades.

    And this government  will waste no time in delivering it.

    We will implement a Fair Funding Review.

    And yes, that’s the full-fat version!

    Jim and I will make no apology for this.

    Government grant will be allocated based on the drivers of need in your area in a fair and transparent way.

    We will replace the decade old data, and for the first time, properly take into account factors such as deprivation and poverty

    the cost of remoteness faced by rural communities – meaning bus drivers and refuse collectors have to travel miles to serve their communities.

    We will take into account the varying ability to raise tax locally with lower house prices impacting on councils budgets

    temporary accommodation and the impact of daytime visitors on major cities and coastal towns alike.

    Taken together, this new approach supports every part of the country to manage their unique pressures.

    And I’m impatient – as I know you are – for this change.

    So alongside Minister McMahon, we will waste no time in putting things right to support places that lost out to rebuild those valued services and match money to need.

    And true reform of local government means taking a long and serious look at the plumbing.

    We won’t shy away from that.

    That’s why my fourth on my list of Local Government is Local Government Reorganisation.

    Now I can feel the anxiety levels in the room increasing at that phrase!!

    But I think everyone in this room can agree that governments cannot keep passing the buck on this one.

    If we are serious about shifting local government into a stronger footing…

    And fit for the future

    Delivering good services for residents

    Then we must cut out this needless duplication.

    We must take the brilliant leadership shown by district and county councillors, and move it to a simpler structure

    with more resources for the frontline, and a clearer accountability for residents.

    So many of you in this room have entered this process with an open mind and I want to thank you for your continued support as we navigate towards the end of a two-tier system in England.

    You have my word, that Jim and I will work in partnership with you every step of the way.

    Reforming local government also means learning from our mistakes as well as our successes.

    And my fifth focus is on trusting local government to deliver services in-house.

    Local government has long been the champion of insourcing – and I know too well about your efforts to innovate, and bring services in-house to lower costs and improve outcomes.

    We hear you and are on your side.

    That’s why we’re also delivering new procurement flexibilities for councils so you can confidently support your local businesses, and ensure that the investment and jobs stay local too.

    We are working to undo the ideological presumption of outsourcing by default, as part of our plan to Make Work Pay.

    The truth is that we’ve become hooked on short-term solutions – creating a costly dependence on external providers which can fail to deliver particularly for vulnerable people, young and old.

    You’ve been telling us about your efforts to innovate, and bring services in-house to lower costs and improve outcomes.

    With colleagues across government, we’ll introduce a quick and proportionate public interest test, to decide whether work could be done more effectively in house.

    The consultation on insourcing launched last week and I have no doubt we will get a lot of responses from people here today!

    I know what’s possible when local leaders have the powers to really deliver.

    With local people seeing that change in their high streets, in the opportunities available to young people, and in their hopes for the future.

    That’s why we’re shifting power out of Whitehall to our regions, and making devolution the default setting through our landmark English Devolution and Community Empowerment Bill.

    It’s part of building a modern state, built on the foundations of a strong local government.

    So, that all levels and in everything we’re doing – whether through devolution, fairer funding, trusting local government in-house, or giving authorities the certainty and freedom to deliver on what really matter.

    We’re handing power back to where it belongs – to people with skin in the game.

    Resetting, rebuilding, and renewing local government, through ambitious investment and reform, and, with it, our country, after the hardest of years, so  that it, once again, works for working people.

    That’s the difference a government makes.

    That’s the difference you make in your Local communities every single day.

    I’ve got your back. Let’s work together.

    Thank you.

    Updates to this page

    Published 3 July 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: PM speech at the launch of the 10 Year Health Plan: 3 July 2025

    Source: United Kingdom – Executive Government & Departments

    Speech

    PM speech at the launch of the 10 Year Health Plan: 3 July 2025

    Prime Minister Keir Starmer’s speech at the launch of the 10 Year Health Plan.

    Thank you Rachel, thank you Wes. And thank you Denyse. Come and sit down with us. Denyse’s story is fantastic. Because she works here. She lives in this borough and she uses the services here. 

    What a great testament that is. And Denyse, thank you for your introduction and thank you for your words. 

    It’s a privilege to be here with you in Stratford. I’ve seen the work that you have been doing this morning. And I’m sorry for interrupting your work.  

    I do understand how hard it is. My mum worked in the NHS. She was a nurse, a proud nurse. My sister worked in the NHS and my wife still works in the NHS in one of the big London hospitals. So I do understand what you do, how you do it, what you put in and why you do it. 

    So let me start by saying a big thank you to all of you for what you do, and if I may, through you, to say thank you to all NHS staff right across the country who do what they do as public servants by treating and caring for other people.

    Thank you also for welcoming us here. To your Neighbourhood Health Centre. Because it’s buildings like this here that represent the future of the NHS.

    As I’ve just had the chance to go around and see some of the work that’s going on here. The 24 teams that you have got working on dentistry. I’m really pleased to see that you don’t need an appointment, you can walk in. You have got children and families up there on the next floor having their teeth done. That’s hugely important. 

    And that’s what a Neighbourhood Health Service can do working in partnership with the people it serves. And Denyse you are the embodiment of that.  

    Power and control in their hands. Care closer to their community. Services organised around their lives.   

    But look – before I say a bit more about the future in a minute. But it is important that we go back a year to the NHS left by the last government. With record waiting lists. The lowest ever satisfaction. I know the toll that takes on staff who work so hard. 

    100,000 children waiting more than six hours in A&E. 

    Now – I’m not going to stand here and say that everything is perfect now. We have so much work to do and we will do it. 

    But let’s be under absolutely no illusions. Because of the fair choices we made, the tough [political content redacted] decisions we made the future already looks better for our NHS. 

    That’s the story of this Government in a nutshell. With breakfast clubs, hugely important for children coming into schools so they are ready to learn.

    Potholes across the country – filled. Fuel duty – frozen. Four interest rate cuts, hugely important for mortgage holders.

    Setting up Great British energy, levelling up workers’ rights, record investment in affordable housing, infrastructure the length and breadth of our country. 

    It’s all down to the foundation we laid this year. All down to the path of renewal that we chose. 

    The decisions made by the Chancellor, by Rachel Reeves which mean we can invest record amounts in the NHS.  

    Already over 6000 mental health workers recruited.  

    1700 new GPs. 

    170 Community Diagnostic Centres, really important, already open. 

    New surgical hubs, new mental health units, new ambulance sites. Record investment – right across the system. 

    And because of all that the results are crystal clear. 

    At the last election a year ago, we promised two million extra appointments in the NHS in the first year of [political content redacted] government. 

    We have now delivered four million extra appointments and that’s thanks to your hard work and that of your colleagues. 

    4 million. That’s a record amount for a single year ever. And I want to thank you for the part that you have played in that. 

    That is what change looks like.

    A promise made and a promised delivered. 

    And turning those statistics into the human is really important. So let me tell you about Jane. 

    At Christmas, she was taken to hospital with back pain. 

    And the diagnosis was not good. She needed her gallbladder removed. Jane asked as you can imagine “how long will I have to wait”. 

    And they said – “I’m sorry, but at the moment it could take up to ten months.” 

    Yet – because we have speeded up electives, because we have speeded up appointments, by May – she was offered a private appointment, paid for by the NHS, as part of our plan. 

    And now Jane is pain free. 

    Five months – not ten. 

    She’s got five months back – free from pain, free from anxiety and in a sense her life is no longer on hold. 

    That’s what change looks like in human terms. [Political content redacted.] 

    But we have to keep going. 

    We are fixing the foundations. We made choices no other government would have made and we are starting to repair the damage done to the NHS and public health, through Covid and austerity. 

    But reform isn’t just about fixing problems. It’s also about seizing opportunities. 

    And the way I see it – there is an opportunity here. 

    Because the NHS is at a turning point in its history. 

    We’re an older society now. Disease has changed. 

    Conditions are chronic, they are long-term, they need to be managed. And that means we need to reform the NHS to make it fit for the future. 

    With the technology that is available to us now, we have an unprecedented chance to do that to make care better. 

    To transform the relationship between people and the state. To give patients more power and control. And this is about fairness. 

    Millions of people across Britain no longer feel they get a fair deal. 

    And it’s starting to affect the pride, the hope, the optimism they have in this great country. 

    Our job is to change that. And the NHS is a huge part of it. I mean – for 77 years this weekend the NHS has been an embodiment if you like of British pride, hope, that basic sense of fairness and decency. 

    77 years – of everyone paying in, working hard, doing the right thing, secure in the knowledge, that if they or their family needs it, the NHS will be there for them. 

    In ten years’ time – when this plan has run its course, I want people to say this was the moment, this was the government that secured those values for the future. 

    And look – when people are uncertain about the deal they are getting from this country, what fairer way is there to respond to that than by giving them more control. 

    By partnering with them, to build an NHS that is fit to face the future. 

    That’s what this plan that we are launching today will do. 

    And it will do so in three ways. 

    Three shifts that will transform healthcare in this country. 

    First – we will shift the NHS away from being only a sickness service to a health service that is genuinely preventative in the first place, prevents disease in the first place.  

    That means a stronger focus on vaccination, on screening, early diagnosis.  

    Things like innovative weight loss services – available in pharmacies. 

    Working with major food businesses – to make their products healthier.

    Better mental health support, particularly for our young people. And starting with children aged sixteen this year we will raise the first entirely smoke-free generation. 

    Second – we will shift the NHS away from being a hospital-dominated service to being a community, neighbourhood health service. 

    You can see why we chose to come here. Places like this are the future of our NHS. You don’t have to book an appointment. You can just walk in. There are families here and people who use the services live in this area. 

    Now of course hospitals will always be important – for acute services especially.  

    But I say it again – disease has changed. And we must change with it. 

    And not only can we do that. We can do it in a way that improves care and convenience for millions of people. 

    So just imagining nurses, doctors, pharmacists, dentists, carers, health visitors all under one roof.  

    But also, services like debt advice, employment support, smoking cessation: preventative services which we know are so crucial for a healthy life. 

    Now that is an exciting prospect.  

    You know – the idea that the future of healthcare is no longer defined by top-down citadels of the central state.

    But is instead here – in your home, in your community, in your hands, that’s an inspiring vision of change. 

    It will bring the state and the people it serves into a partnership on something we all care deeply about. 

    But more importantly. It means a future where we have better GP access, no more 8am scrambles, more dental care for your children, better care on your doorstep and a Neighbourhood Health Centres like this in our coastal towns, in rural counties, in every community across the country. Every community across the country. 

    Finally – the third shift from the analogue NHS we have at the moment to a truly digital health service.

    A health service capable of seizing the enormous opportunities before us in science and technology.  

    In genomics, in artificial intelligence, advanced robotics. 

    Look – I have seen in your everyday lives what this can do.

    I’ve spoken to stroke patients who have had their lives saved by technology and AI because it could find the blood clot in their brain in milliseconds, giving them just enough time to be operated on and saving their lives. 

    So this plan – backs technology to deliver. Because it can and will save thousands of lives. But it’s not just about saving lives.

    AI and technology is an opportunity to make services more human. 

    That always sounds counterintuitive, but it does because what it gives all of you and all of your colleagues is more time to care, more time to do the things that only human beings can do which is that care that is needed, the professional skills that you have. So this will make it a more human service as well. 

    It gives you more time to care, to do all the things that brought you into the NHS in the first place.  

    And it’s not just cutting-edge technology either. 

    Technology like the phones in the pockets of everyone in this room we can use that too. 

    Now, you won’t hear this often in a speech – but look at your phones. But look at your apps! Seriously! Because what you see on that screen is that entire industries have reorganised around apps. 

    Retail, transport, finance, weather – you name it. 

    Why can’t we do that with health? 

    Why not the NHS app on your phone? 

    Making use of the same dynamic force to cut waiting lists at your hospital. 

    To make it easier for you to get a GP appointment, to give you more control over our health. 

    There’s no good reason why we can’t. So I can announce today, as part of this plan, that we can, and we will transform the NHS App so that it becomes an indispensable part of life for everyone. 

    It will become – as technology develops – like having a doctor in your pocket. 

    Providing you with 24 hours advice, seven days a week.

    An NHS that really is always there when you need it. 

    Booking appointments at your convenience, ordering your prescriptions, guiding you to local charities or businesses that can improve your wellbeing.  

    And perhaps most importantly, holding all healthcare data in an easily accessible, single patient record.

    Don’t underestimate how important that is. 

    I’ve been up to Alder Hey hospital in Liverpool many times, it’s a children’s hospital, it’s a brilliant hospital. 

    One of the times I was there I was on the ward, particularly young children were having heart surgery. 

    I have to tell you it was really humbling both seeing what the children were going through but also what the professional staff were doing. 

    When I went into a particular ward, I saw a two year old boy who had just had major heart surgery, it’s an incredible thing to see. 

    And I spoke to his parents who were at his bedside throughout. 

    One of the things they raised with me was the distress they felt that they had to go through every single condition that he had over and over again, whether they went to Blackpool, in Liverpool, at Alder Hey. 

    They were actually welling up telling me it’s a really difficult story for us, this is really hard. And we don’t want to keep having to repeat it, why can’t it be recorded the first time around? 

    I will remember their faces and the story they told me for a very long time. 

    But we can fix that. We can make it more accessible. We can bring this together in one place. 

    And there are other examples as well. That red book that every child gets. Why can’t that be digital? There’s no good reason. 

    And so that’s exactly what we’ll do. 

    We will turn this app into a new front door for the entire NHS. 

    A reformed, modernised and renewed – Neighbourhood Health Service. 

    That is the plan we launch today.    

    That is the change we will deliver. 

    [Political content redacted.] 

    The NHS on its feet. Facing the future. Delivering fairness and security for working people. 

    Thank you.

    Updates to this page

    Published 3 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: Keynote speech by Permanent Secretary for Financial Services and the Treasury (Financial Services) at Hong Kong Exchanges and Clearing Limited’s Integrated Fund Platform Order Routing Service Launch Ceremony (English only) (with photos)

    Source: Hong Kong Government special administrative region

         Following is the keynote speech by the Permanent Secretary for Financial Services and the Treasury (Financial Services), Ms Salina Yan, at the Hong Kong Exchanges and Clearing Limited (HKEX)’s Integrated Fund Platform Order Routing Service Launch Ceremony today (July 3):
     
    Bonnie (Chief Executive Officer of the HKEX, Ms Bonnie Chan), distinguished guests, ladies and gentlemen,
     
         It is my great pleasure to join you all today at the Launch Ceremony of the Order Routing Service under the Integrated Fund Platform operated by the HKEX.
     
         Digital infrastructure is key to the operation and development of the modern-day capital market. Today’s launch ceremony signifies a solid step in the construction of a market-wide infrastructure for our fund management industry leveraging the advancement in technology.
     
         For the first six months of this year – 2025, the Hong Kong stock market’s daily turnover reached HK$240 billion on average, up 118 per cent year on year. We also saw 44 IPOs (initial public offerings) raising a total of HK$107 billion, surpassing the annual figure of 2024 by 22 per cent and assuming a leading position in the world’s IPO fund raised during the same period this year.
     
         Fund flows in the collective investment scheme and asset management space are equally active. As of end-March 2025, for Hong Kong-domiciled funds, an overall net inflow of about HK$343 billion was recorded over the past 12 months, representing an increase of 285 per cent year on year. The AUM (assets under management) surged by close to 40 per cent, and the number of licensed corporations providing asset management services rose by about 5 per cent.
     
         As our capital market continues to grow in depth and breadth, we need to maintain the robustness and nimbleness of our backbone infrastructure to keep up with the demand and cater for future development. Legislative framework and regulatory regimes also have to be refreshed from time to time in order to bring out the growth potential in the marketplace and remove bottlenecks and inefficiencies that may exist.
     
         For example, to enrich the suite of products that can be made available to the market, the Government has amended the Securities and Futures Ordinance and enacted a new piece of legislation to introduce the open-ended fund company or OFC and limited partnership fund or LPF regimes to enable funds to set up in company and limited partnership forms. The diversified fund structures have been well received. As of the end of May this year, over 560 OFCs have been set up, and nearly 1 150 LPFs have been established in Hong Kong.
     
         In addition, we keep enhancing our connectivity with the Mainland market. For example, since the launch of the Cross-boundary Wealth Management Connect (WMC) 2.0 in the Guangdong-Hong Kong-Macao Greater Bay Area in February 2024 which, among other enhancement measures, allowed the investment quota per investor to go up to RMB3 million, there has been a significant increase in the number of investors and amount of cross-boundary fund remittances. As of end-May 2025, some 158 000 individual investors participated in the WMC. Cross-boundary fund remittances amounted to over RMB115 billion, around seven times increase compared with WMC 1.0.
     
         We are also expanding our international network. Two ETFs (exchange-traded funds) tracking Hong Kong indices were listed on the Saudi Exchange last year. In May this year, we saw Asia’s first investment-grade sukuk ETF listing in Hong Kong, as well as a new Mutual Recognition of Funds arrangement reached with Ireland.
     
         All these market development initiatives are going hand in hand with the upgrading of our financial market infrastructure. The HKSAR (Hong Kong Special Administrative Region) Government has been working with parties concerned to establish paperless, straight-through and one-stop integrated digital platforms for the provision of financial services, taking advantage of fintech developments and the rise of blockchain and AI. The goal is to increase efficiency and lower costs. As a key market operator, the HKEX has an important role to play in this, and we are very pleased to have the HKEX’s active participation and partnership in this journey.
     
         The implementation of an uncertificated securities market in Hong Kong, for example, will be a significant step towards modernising our securities market. It will allow individual investors to own securities in their names without a paper certificate and manage transactions through a digitalised platform. The Government, in collaboration with the Securities and Futures Commission and the HKEX, has completed all the relevant legislative work this year, with a view to launching the regime in the first half of 2026 following market preparations.
     
         Moving from securities to funds, I am glad to note that the first phase of the Integrated Fund Platform, the Fund Repository, has received positive responses for its comprehensive coverage and ease of use. I am also very pleased to note that the second phase of the Platform, the Order Routing Service launched today, has attracted the participation of major banks, transfer agents, brokers and fund houses. Leveraging the Communications Network developed jointly with the Shenzhen Stock Exchange, the Order Routing Service provides end-to-end transmission of subscription and redemption orders among fund distributors and transfer agents. I understand that development work on additional functionalities in the next phase, including nominee services and facilitation of payment and settlement, is under way.
     
         The development of an efficient and vibrant fund distribution ecosystem will drive market efficiency and lower transaction costs. This would in turn benefit end-investors and help realise our vision as the world’s top asset management hub and strengthening our status as an international financial centre. I congratulate the HKEX and its partner organisations on reaching this milestone and look forward to the full operation of a one-stop Platform encompassing the entire functionalities taking heed of user experience and stakeholder feedback. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Keynote speech by Permanent Secretary for Financial Services and the Treasury (Financial Services) at Hong Kong Exchanges and Clearing Limited’s Integrated Fund Platform Order Routing Service Launch Ceremony (English only) (with photos)

    Source: Hong Kong Government special administrative region

         Following is the keynote speech by the Permanent Secretary for Financial Services and the Treasury (Financial Services), Ms Salina Yan, at the Hong Kong Exchanges and Clearing Limited (HKEX)’s Integrated Fund Platform Order Routing Service Launch Ceremony today (July 3):
     
    Bonnie (Chief Executive Officer of the HKEX, Ms Bonnie Chan), distinguished guests, ladies and gentlemen,
     
         It is my great pleasure to join you all today at the Launch Ceremony of the Order Routing Service under the Integrated Fund Platform operated by the HKEX.
     
         Digital infrastructure is key to the operation and development of the modern-day capital market. Today’s launch ceremony signifies a solid step in the construction of a market-wide infrastructure for our fund management industry leveraging the advancement in technology.
     
         For the first six months of this year – 2025, the Hong Kong stock market’s daily turnover reached HK$240 billion on average, up 118 per cent year on year. We also saw 44 IPOs (initial public offerings) raising a total of HK$107 billion, surpassing the annual figure of 2024 by 22 per cent and assuming a leading position in the world’s IPO fund raised during the same period this year.
     
         Fund flows in the collective investment scheme and asset management space are equally active. As of end-March 2025, for Hong Kong-domiciled funds, an overall net inflow of about HK$343 billion was recorded over the past 12 months, representing an increase of 285 per cent year on year. The AUM (assets under management) surged by close to 40 per cent, and the number of licensed corporations providing asset management services rose by about 5 per cent.
     
         As our capital market continues to grow in depth and breadth, we need to maintain the robustness and nimbleness of our backbone infrastructure to keep up with the demand and cater for future development. Legislative framework and regulatory regimes also have to be refreshed from time to time in order to bring out the growth potential in the marketplace and remove bottlenecks and inefficiencies that may exist.
     
         For example, to enrich the suite of products that can be made available to the market, the Government has amended the Securities and Futures Ordinance and enacted a new piece of legislation to introduce the open-ended fund company or OFC and limited partnership fund or LPF regimes to enable funds to set up in company and limited partnership forms. The diversified fund structures have been well received. As of the end of May this year, over 560 OFCs have been set up, and nearly 1 150 LPFs have been established in Hong Kong.
     
         In addition, we keep enhancing our connectivity with the Mainland market. For example, since the launch of the Cross-boundary Wealth Management Connect (WMC) 2.0 in the Guangdong-Hong Kong-Macao Greater Bay Area in February 2024 which, among other enhancement measures, allowed the investment quota per investor to go up to RMB3 million, there has been a significant increase in the number of investors and amount of cross-boundary fund remittances. As of end-May 2025, some 158 000 individual investors participated in the WMC. Cross-boundary fund remittances amounted to over RMB115 billion, around seven times increase compared with WMC 1.0.
     
         We are also expanding our international network. Two ETFs (exchange-traded funds) tracking Hong Kong indices were listed on the Saudi Exchange last year. In May this year, we saw Asia’s first investment-grade sukuk ETF listing in Hong Kong, as well as a new Mutual Recognition of Funds arrangement reached with Ireland.
     
         All these market development initiatives are going hand in hand with the upgrading of our financial market infrastructure. The HKSAR (Hong Kong Special Administrative Region) Government has been working with parties concerned to establish paperless, straight-through and one-stop integrated digital platforms for the provision of financial services, taking advantage of fintech developments and the rise of blockchain and AI. The goal is to increase efficiency and lower costs. As a key market operator, the HKEX has an important role to play in this, and we are very pleased to have the HKEX’s active participation and partnership in this journey.
     
         The implementation of an uncertificated securities market in Hong Kong, for example, will be a significant step towards modernising our securities market. It will allow individual investors to own securities in their names without a paper certificate and manage transactions through a digitalised platform. The Government, in collaboration with the Securities and Futures Commission and the HKEX, has completed all the relevant legislative work this year, with a view to launching the regime in the first half of 2026 following market preparations.
     
         Moving from securities to funds, I am glad to note that the first phase of the Integrated Fund Platform, the Fund Repository, has received positive responses for its comprehensive coverage and ease of use. I am also very pleased to note that the second phase of the Platform, the Order Routing Service launched today, has attracted the participation of major banks, transfer agents, brokers and fund houses. Leveraging the Communications Network developed jointly with the Shenzhen Stock Exchange, the Order Routing Service provides end-to-end transmission of subscription and redemption orders among fund distributors and transfer agents. I understand that development work on additional functionalities in the next phase, including nominee services and facilitation of payment and settlement, is under way.
     
         The development of an efficient and vibrant fund distribution ecosystem will drive market efficiency and lower transaction costs. This would in turn benefit end-investors and help realise our vision as the world’s top asset management hub and strengthening our status as an international financial centre. I congratulate the HKEX and its partner organisations on reaching this milestone and look forward to the full operation of a one-stop Platform encompassing the entire functionalities taking heed of user experience and stakeholder feedback. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI Banking: Samsung Members Across India Join First-Ever Virtual Samsung Members Connect to Explore the Galaxy AI Universe

    Source: Samsung

     
    From the Himalayas to the coasts, Samsung Members came together for a one-of-a-kind virtual celebration of innovation, connection, and community.
     
    For the very first time, Samsung Members Connect went virtual—and what a success it was! On 25th June 2025, thousands of Galaxy users from every corner of India joined in from the comfort of their homes to be part of an experience that brought the best of Galaxy right to their screens.
     
    JB Park, President & CEO, Samsung Southwest Asia addressing the Samsung Members during the live connect
     
    A Nationwide Celebration of Galaxy AI and Innovation
    In response to the growing requests from Members across India, Samsung reimagined its flagship community engagement event—breaking geographical barriers and creating an inclusive platform where anyone with a Galaxy device could participate.
     
    The result? A dynamic, content-rich experience that immersed participants in the latest innovations across Galaxy AI, the Galaxy Ecosystem, Samsung Wallet, Samsung Health, SmartThings, and more.
     
    Samsung Members Connect has always been about celebrating the people who use and shape Samsung’s innovations and technology. This year, Samsung opened the experience to every Galaxy user in India, no matter where they are. The overwhelming participation and love the event received reaffirm Samsung’s belief in the power of community and innovation.
     
    Ridhi Chugh, General Manager, Multi Device Experience sharing the nuances of SmartThings for Home AI with members
     
    Power-Packed Sessions. Passionate Participants.
    The virtual event featured curated sessions led by Samsung experts, offering deep dives into the latest Galaxy AI-powered features—from creative content generation to smarter communication and productivity tools.
     
    Participants also explored how the Galaxy Ecosystem works seamlessly across phones, tablets, wearables, and even smart homes. Engaging demonstrations showcased how SmartThings and Samsung Health are shaping connected and healthier lifestyles.
     
    The camera deep-dive, always a crowd favorite, gave Members valuable tips on unlocking the pro-level capabilities of their Galaxy cameras—turning everyday users into creators.
     
    Anshul Subramanian, Engineer, Android Application talking the Galaxy AI Visual Experience
     
    Community. Interaction. Surprises.
    What truly set this event apart was the energy and enthusiasm of the Galaxy community.  Interactive Q&A sessions kept the engagement high throughout the day. Lucky draws, exclusive giveaways, and surprise shoutouts added moments of delight and joy.
     
    Several Members shared how being part of this virtual event made them feel seen, heard, and connected—especially those attending a Samsung event for the first time.
    “This year, Samsung Members Connect was an incredible experience. It was my deep dive into innovation, smart living and the ever-evolving Galaxy Ecosystem – I walked away inspired and informed,” said Yash Agarwal, a Samsung Member.
     
    “As someone living in a small town, I’ve always wanted to be part of Members Connect. Joining virtually today made me feel like I was right there with the rest of the Galaxy family,” said Vedant Kalore, a Samsung Member.
     
    Looking Ahead
    With the success of the first-ever virtual Samsung Members Connect, the brand has set a new benchmark in community engagement—where every Galaxy user, regardless of geography, has a front-row seat to innovation.
     
    This event wasn’t just a showcase of cutting-edge tech—it was a celebration of the people who bring Galaxy to life.
     
    Until next time, keep exploring, creating, and connecting—with Galaxy by your side.

    MIL OSI Global Banks

  • MIL-OSI: MEXC Ventures Champions India Blockchain Tour 2025, Ignites Web3 Innovation Across 8 Cities

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 03, 2025 (GLOBE NEWSWIRE) — MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, as the title sponsor of the 4th edition India Blockchain Tour (IBT) 2025, has partnered with organizer Octaloop (one of India’s earliest and most active crypto-native communities) to launch a six-month Web3 innovation roadshow spanning eight cities. The tour’s inaugural event took place successfully on June 28 in Hyderabad, drawing over 1,000 developers, founders, investors, and policy experts to engage in discussions focused on real-world applications of blockchain technology in governance, AI, and inclusive finance.

    As a key supporter of this tour, MEXC Ventures is committed to collaborating with industry stakeholders to accelerate the growth of India’s Web3 ecosystem.

    At the Hyderabad stop, Jayesh Ranjan, Special Chief Secretary of Telangana, attended the event and shared the government’s open attitude and policy direction toward blockchain technology, citing its applications in agriculture traceability and vehicle registration. He noted that platforms like IBT create valuable opportunities for collaboration between public systems and emerging technologies, further highlighting the importance that Indian local governments place on decentralized technologies.

    IBT 2025 is not just an eight-city tour, but a platform dedicated to building deep connections between India’s local Web3 innovators and the global Web3 community, fostering substantive exchanges and long-term collaboration. MEXC Ventures will leverage its global investment and project incubation expertise at each stop to empower high-potential teams to accelerate their growth.

    Octaloop Founder Anupam Varshney emphasized that India is poised to lead Web3 innovation on the global stage. He stated:

    “India doesn’t need to catch up – it’s ready to lead.IBT 2025 will amplify India’s Web3 voice, connect global projects with local innovators, and showcase our rapidly growing ecosystem to the world.”

    MEXC Ventures expressed strong confidence in India’s Web3 ecosystem. Petra Zhu, Head of South Asia Markets, stated:

    “We’re proud to kick off IBT 2025 in Hyderabad with MEXC Ventures as the title sponsor. India stands at the forefront of South Asia’s Web3 momentum, and MEXC Ventures is fully committed to supporting its long-term development.”

    She added:

    “We are actively looking to identify and empower the next generation of standout projects from India—visionary teams building real impact. We believe this region has the potential to shape the next wave of global crypto innovation, and MEXC Ventures is here to help turn that potential into reality.”

    The tour will next cover seven additional major innovation hubs across India, including Ahmedabad (July 26), Kolkata (August 16), and more. For the full schedule and participation details, please visit here.

    About Octaloop
    Founded in 2020, Octaloop began as grassroots crypto meet-ups in Delhi cafés in 2026 and has grown into India’s leading Web3 events and community-building platform. With initiatives like the India Blockchain Tour and Metamorphosis, Octaloop bridges global blockchain innovation with India’s home-grown talent.

    About MEXC Ventures
    MEXC Ventures is a comprehensive fund under MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A and incubation. Upholding the principle of “Empowering Growth Through Synergy,” MEXC Ventures is committed to supporting innovative ideas and active builders in crypto. MEXC Ventures is an investor and supporter of TON and Aptos, looking forward to staying at the forefront of TON and Aptos’ innovations and actively engaging with builders to drive ecosystem growth.

    For more information, visit: MEXC Ventures Website

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a190510-7a13-429e-80b7-6ac21c1153ab

    CONTACT: For media inquiries, please contact MEXC PR team: media@mexc.com

    The MIL Network

  • MIL-OSI: MEXC Ventures Champions India Blockchain Tour 2025, Ignites Web3 Innovation Across 8 Cities

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 03, 2025 (GLOBE NEWSWIRE) — MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, as the title sponsor of the 4th edition India Blockchain Tour (IBT) 2025, has partnered with organizer Octaloop (one of India’s earliest and most active crypto-native communities) to launch a six-month Web3 innovation roadshow spanning eight cities. The tour’s inaugural event took place successfully on June 28 in Hyderabad, drawing over 1,000 developers, founders, investors, and policy experts to engage in discussions focused on real-world applications of blockchain technology in governance, AI, and inclusive finance.

    As a key supporter of this tour, MEXC Ventures is committed to collaborating with industry stakeholders to accelerate the growth of India’s Web3 ecosystem.

    At the Hyderabad stop, Jayesh Ranjan, Special Chief Secretary of Telangana, attended the event and shared the government’s open attitude and policy direction toward blockchain technology, citing its applications in agriculture traceability and vehicle registration. He noted that platforms like IBT create valuable opportunities for collaboration between public systems and emerging technologies, further highlighting the importance that Indian local governments place on decentralized technologies.

    IBT 2025 is not just an eight-city tour, but a platform dedicated to building deep connections between India’s local Web3 innovators and the global Web3 community, fostering substantive exchanges and long-term collaboration. MEXC Ventures will leverage its global investment and project incubation expertise at each stop to empower high-potential teams to accelerate their growth.

    Octaloop Founder Anupam Varshney emphasized that India is poised to lead Web3 innovation on the global stage. He stated:

    “India doesn’t need to catch up – it’s ready to lead.IBT 2025 will amplify India’s Web3 voice, connect global projects with local innovators, and showcase our rapidly growing ecosystem to the world.”

    MEXC Ventures expressed strong confidence in India’s Web3 ecosystem. Petra Zhu, Head of South Asia Markets, stated:

    “We’re proud to kick off IBT 2025 in Hyderabad with MEXC Ventures as the title sponsor. India stands at the forefront of South Asia’s Web3 momentum, and MEXC Ventures is fully committed to supporting its long-term development.”

    She added:

    “We are actively looking to identify and empower the next generation of standout projects from India—visionary teams building real impact. We believe this region has the potential to shape the next wave of global crypto innovation, and MEXC Ventures is here to help turn that potential into reality.”

    The tour will next cover seven additional major innovation hubs across India, including Ahmedabad (July 26), Kolkata (August 16), and more. For the full schedule and participation details, please visit here.

    About Octaloop
    Founded in 2020, Octaloop began as grassroots crypto meet-ups in Delhi cafés in 2026 and has grown into India’s leading Web3 events and community-building platform. With initiatives like the India Blockchain Tour and Metamorphosis, Octaloop bridges global blockchain innovation with India’s home-grown talent.

    About MEXC Ventures
    MEXC Ventures is a comprehensive fund under MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A and incubation. Upholding the principle of “Empowering Growth Through Synergy,” MEXC Ventures is committed to supporting innovative ideas and active builders in crypto. MEXC Ventures is an investor and supporter of TON and Aptos, looking forward to staying at the forefront of TON and Aptos’ innovations and actively engaging with builders to drive ecosystem growth.

    For more information, visit: MEXC Ventures Website

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a190510-7a13-429e-80b7-6ac21c1153ab

    CONTACT: For media inquiries, please contact MEXC PR team: media@mexc.com

    The MIL Network

  • MIL-OSI Submissions: How do we define Canadian content? Debates will shape how creatives make a living

    Source: The Conversation – Canada – By Daphne Rena Idiz, Postdoctoral fellow, Department of Arts, Culture and Media, University of Toronto

    What should count as Canadian content (CanCon) in the era of streaming and generative AI (GenAI)?

    That’s the biggest unknown at the heart of the Canadian Radio-television and Telecommunications Commission’s recent (CRTC) public hearing, held in Gatineau, Que., from May 14 to 27.

    The debate is about how Canada’s current points-based CanCon system remains effective in the context of global streaming giants and generative AI. Shows qualify as CanCon by assigning value to roles like director, screenwriter and lead actors being Canadian.

    The outcome will shape who gets to tell Canadian stories and what those stories are, and also which ones count as Canadian under the law. This, in turn, will determine who in the film and television industries can access funding, tax credits and visibility on streaming services.

    It will also determine which Canadian productions big streamers like Netflix will invest in under their Online Streaming Act obligations.

    The federal government’s recent announcement that it’s rescinding the Digital Services Tax reveals the limits of Canada’s leverage over Big Tech, underscoring the significance of CanCon rules as parameters around how streaming giants contribute meaningfully to the country’s creative industries.

    CanCon: Who gets to decide?

    The CRTC’s existing approach to defining CanCon relies on the citizenship of key creative personnel.

    The National Film Board argued that this misses the “cultural elements” of Canadian storytelling. These include cultural expression, narrative themes and connection to Canadian audiences. That is, a production might technically count as CanCon by hiring Canadians, without feeling particularly “Canadian.”

    It’s worth noting there are varied global regulatory frameworks for defining film nationality. The Writers Guild of Canada supports the CRTC’s view that cultural elements shouldn’t be part of CanCon certification, and argues that attempting to further codify cultural criteria risks reducing Canadian identity to superficial symbols like maple leaves or hockey sticks, and could exclude entire genres like sci-fi or fantasy.

    ‘Canadianness’ too broad to regulate?

    The Writers Guild of Canada argues that while Canadians should expect to see cultural elements in programming, the concept of “Canadianness” is too broad and subjective to be effectively regulated.

    Cultural elements are regulated by the 1991 Broadcasting Act as amended by the 2023 Online Streaming Act. Broadcasters and streamers must reflect Canadian stories, identities and cultural expressions.




    Read more:
    How the Online Streaming Act will support Canadian content


    The acts empower broadcasters and streamers to decide which Canadian stories and content will be developed, produced and distributed through commissioning and licensing powers. This implicitly limits the CRTC’s role to setting rules about which creatives are at the table.

    The Writer’s Guild advocates broadening the pool of Canadian key creatives to modernize the CanCon system. It trusts the combined perspectives of a broader pool to make creative decisions about Canadian identity in meaningful ways. Accordingly, it supports the CRTC’s intent to add the showrunner role to the point system since showrunners are the “the chief custodian of the creative vision of a series.

    Battle over Canadian IP

    Streaming introduces more players with financial stakes, complicating who controls content and who profits from it. A seismic shift is happening in how intellectual property (IP) is handled.

    CRTC has proposed that the updated CanCon definition include Canadian IP ownership as a mandatory element to enable Canadian companies and workers to retain some control over their own IP, and thereby earn sustainable income. For example, in a streaming drama, Canadian screenwriters who retain ownership of the IP could earn ongoing revenue through licensing deals, international sales and royalties each time the series is distributed.

    However, the Motion Picture Association-Canada (MPA-Canada), representing industry titans like Netflix, Amazon and Disney, is pushing back against requirements that mandate the sharing of territory or IP.

    Without IP rights, Canadian talent and the industry as a whole may be reduced to becoming service providers for global companies.

    Fair remuneration, IP rights needed

    Our own research highlights how this type of contractual arrangement increases the power asymmetries between producers, distributors and streaming services. We emphasize the critical importance of fair remuneration and IP rights for creators.

    Intervenors shared a range of preferences from 100 per cent Canadian IP ownership to none at all. One hundred per cent Canadian IP ownership means Canadian creators like a producer of a streaming series would control the rights to the content. They would receive the majority of profits from licensing, distribution and future adaptations.

    Even 51 per cent ownership could give them a controlling stake, but would likely require sharing revenue and decision-making with the streaming service.

    AI and CanCon

    And then, of course, there’s the question of how generative AI should be considered within the updated CanCon definition. The Writers Guild of Canada has drawn a firm line in the sand: AI-generated material should not qualify as Canadian content.

    The guild argues that since current AI tools don’t possess identity, nationality or cultural context, their output cannot advance the goals of the Broadcasting Act, centred on promoting Canadian voices and stories.

    The Alliance of Canadian Cinema, Television and Radio Artists (ACTRA) raised a different concern around AI. AI, ACTRA argued, “should not take over the jobs of the creators in the ecosystem that we’re in and we should not treat AI-generated performers as if they are a Canadian actor.”

    Depending on how the CRTC addresses AI, this could mean that streaming content featuring AI-generated scripts, characters, or performances — even if developed by a Canadian creator or set in Canada — would not qualify as CanCon.

    The WGC notes that it has already negotiated restrictions on AI use in screenwriting through its agreement with the Canadian Media Producers Association. These guardrails are being held up as the “emerging industry standard.”

    Follow the money

    Another contested point is how streamers should pay into CanCon: through direct investment or through more traditional modes of financing. Under the Online Streaming Act, streamers are required to pay five per cent of their annual revenues to certain Canadian funds.

    This model echoes previous requirements used to manage decision-making at media broadcasters, some at the much more substantial level of 30 per cent.

    But no payments have been made yet, and streamers are appealing this requirement. Streamers prefer investing directly into Canadian content, taking a risk on its commercial potential to benefit from resulting successes.

    Research in the European Union and Canada highlight how different stakeholders benefit from different forms of financial obligations, suggesting the industry may be best served by a policy mix.

    As Canada rewrites its broadcasting rules, defining Canadian content is a courtroom drama unfolding in real time — and the verdict will have serious ramifications.

    MaryElizabeth Luka receives research project funding from peer-adjudicated grants from the Social Sciences and Humanities Research Council and internal grants at University of Toronto, such as the Creative Labour Critical Futures Cluster of Scholarly Prominence.

    Daphne Rena Idiz 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. How do we define Canadian content? Debates will shape how creatives make a living – https://theconversation.com/how-do-we-define-canadian-content-debates-will-shape-how-creatives-make-a-living-258013

    MIL OSI

  • MIL-OSI United Kingdom: Pedestrian hit by train at Blue House Lane footpath crossing

    Source: United Kingdom – Executive Government & Departments

    News story

    Pedestrian hit by train at Blue House Lane footpath crossing

    Preliminary examination into a pedestrian being hit by a train at Blue House Lane footpath crossing, Sunderland, 18 April 2025.

    Blue House Lane footpath crossing.

    At around 09:00 on 18 April 2025, a Tyne & Wear Metro service travelling from Newcastle to South Hylton hit a pedestrian on Blue House Lane footpath crossing. This crossing is located near East Boldon, Sunderland.

    As the driver approached the footpath crossing, they saw a dog walker and another pedestrian on the crossing. The driver immediately applied the emergency brake and sounded the train’s warning horn, but the second pedestrian was hit by the train. This second pedestrian received serious injuries. The train was travelling at an approximate speed of 29 km/h (18 mph) when the collision occurred, and it came to a stand around 20 metres beyond the crossing.

    RAIB were notified of the accident soon after it occurred. We have since gathered evidence from the railway industry and carried out a preliminary examination into the circumstances surrounding the incident. We have concluded it is unlikely that further investigation will lead to new recommendations for the improvement of railway safety. Consequently, RAIB will not investigate further or produce an investigation report.

    However, our preliminary examination found that the factors present during the accident at Blue House Lane are similar to those identified during RAIB’s earlier investigation into a pedestrian struck by a train at Lady Howard footpath and bridleway crossing on 21 April 2022 (RAIB report 01/2023). At both locations, a risk was identified that trains passing each other near to the crossing might mean that pedestrian crossing users are unaware of the approach of a second train.

    Recommendation 1 in our report into the accident at Lady Howard had the intention ‘to reduce the risk at footpath and bridleway level crossings of a second train approaching being hidden from the view of crossing users by a previously passing train’. The status of the recommendation, as reported to RAIB by the Office of Rail and Road (ORR) in March 2024, is ‘Closed’.

    ORR reported in its response to RAIB that Network Rail had taken substantive actions in response to this recommendation. This took the form of a sign being fitted to all level crossings (with two lines or more) as an interim solution which warned users that ‘oncoming trains can be hidden by other trains’ and for users ‘not to cross until all lines are clear’. RAIB’s preliminary examination found that this sign was fitted to the entrance gates at Blue House Lane footpath crossing.

    ORR also reported that Network Rail’s long-term intent was to fit miniature stop lights through normal risk management protocols, where they are demonstrated to manage risk so far as is reasonably practicable. However, Network Rail has stated that, while the likelihood of an event where a second train approaching is potentially hidden by another train can be influenced by factors such as the numbers of user and trains, and that other factors, such as topography and the type of crossing user, mean that it is too complex in practice to identify those crossings which have the highest risk of this occurring.

    RAIB’s Annual Report for 2024 stated that, despite the actions taken by Network Rail in response to this recommendation, RAIB remains concerned about the underlying risk which this recommendation sought to address.

    RAIB has written to the Office of Rail and Road, to draw its attention to the accident at Blue House Lane when considering the industry’s current and future management of this known risk, specifically considering its response to the Lady Howard report recommendation.

    We have copied this letter to Network Rail, Nexus and the Rail Safety and Standards Board so that they are aware of its contents.

    Updates to this page

    Published 3 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Submissions: AI-powered assistive technologies are changing how we experience and imagine public space

    Source: The Conversation – Canada – By Ron Buliung, Professor, Geography and Planning, University of Toronto

    AI-powered assistive devices, like hearing aids, are changing how the people who use them experience public space. (Shutterstock)

    New applications and the integration of artificial intelligence (AI) with wearable devices are changing the way users interact with their environments and each other. The impacts and reach of these new technologies have yet to be fully understood.

    Connections between technologies and bodies is not a new thing for many disabled persons. Assistive technologies — tools and products designed to support people with disabilities — have played a part in mitigating built and institutional barriers experienced by disabled persons for decades.

    While not strictly considered assistive, immersive and wearable technologies have the potential to change the relationship between disabled users and their experience of place.

    For example, Ray-Ban’s Meta glasses use AI to describe what the cameras are capturing using the Be My Eyes app. Using OpenAI’s large language model, ChatGPT, this effectively turns a user’s smart phone into a vision assistant.

    Beyond wearables, some technologies are more closely tied to or integrated with the body. Examples include brain-computer interfaces, AI-enabled prosthetics and bone-anchored hearing aids.

    The availability and production of environmental data from these technologies may impact how we relate to each other, how we move through and understand space, and how we engage with the physical environment around us at any given moment.

    Sam Seavey, founder of TheBlindLife.com, reviews the possibilities and limitations of Apple’s VisionPro. (The Blind Life)

    We’re at a critical juncture where AI-enabled technologies used by individuals may profoundly impact our urban futures.

    What happens, for example, when wearables make any “place” a digital work or play place? What does a largely private-sector, consumer-driven, AI-enabled digital intervention into a city’s spaces mean for planning, zoning and taxation? What are the environmental costs of the global AI project?

    And crucially, who gets to participate in this digital reimagining?

    AI and the city

    While access can be challenging — wearables are often costly — ableist thinking regarding the use of technology to render invisible Blind and/or Deaf people and culture is also a problem. Some people might naively assume that all Blind and Deaf people are universally seeking a bio-technological “miracle.”

    There are also other challenges: how a technology captures or describes its data may not match up to a user’s pre-existing sense of place. Moreover, access to tech can produce some unintended consequences, including the erosion of in-person community building among disabled people.

    Hearing loss of some kind affects around 1.5 billion people: I am one of those people. I am a disability studies scholar who wears behind-the-ear hearing aids to augment my hearing experience.

    My hearing aids use AI and machine learning to sense and adjust my sound environment. They help me cope with the ways in which the places of my everyday life — such as my home or the lecture hall — are generally configured for people without hearing loss.

    When I use my hearing aids, I find that the city has never sounded so wonderful, and yet sometimes irritatingly loud. The sound of birds is one thing; the grinding sound of a breaking subway is another entirely.

    Cumulative exposure to noisy indoor and outdoor places of the city poses auditory health risks, such as noise-induced hearing loss or tinnitus, and can contribute to poor health more broadly. I have to be careful about ongoing noise exposure, and by adjusting the volume of my hearing aids, I can turn down the city when I want to.

    Future bodies and urban futures

    AI-powered technologies can exacerbate issues of access, privilege and freedom of movement. This happens both through who is able to purchase and use devices, as well as through data and their applications. Data may be biased in terms of race, gender, sexuality and disability.

    Scientific research and media representations tend to highlight the benevolent possibilities of technologies for “repairing” bodies conceived as being functionally medically deficient.

    Much less is said about disabled persons controlling the narrative, taking up key roles in the messy terrain of AI, machine learning and data governance, and in the planning and design of future cities.

    Digital modelling

    We are also witnessing growing interest in the digital twinning — creating highly accurate digital models — of everything from human hearts to entire cities.

    Whether rendered at the scale of the body or city, the motivation for twinning appears centred on planning and performance optimization — a quest for perfection. Like any model, we are dealing with an abstraction from reality. City twins seem to fail to capture many of the fine grain environmental barriers experienced by disabled persons.




    Read more:
    What are digital twins? A pair of computer modeling experts explain


    Ownership limits

    Not everyone can, should or wishes to be technologically “assisted” or augmented. There are medical, identity and culture, affordability, legal, moral and ethical concerns.




    Read more:
    Super-intelligence and eternal life: transhumanism’s faithful follow it blindly into a future for the elite


    Other issues raised by brain-computer interface research, for example, include concerns about legal capacity and ownership of the self, including ownership of device-generated data.

    In a study on the impact of neural technologies, researchers shared the legal repercussions relating to two disabled people deprived of voting rights in Spain. The person who recovered the ability to communicate autonomously using their finger and a computer had their rights restored, while the other, who used a human intermediary, did not.

    Legal questions also arise regarding how liability is assigned when augmented bodies are injured or cause injuries to others.

    Where does the person end and the technology begin, and vice versa? Who gets to decide?

    Future technologies

    As the use of AI and assistive technologies increases in everyday urban life, we will need to address these questions sooner rather than later.

    And if disabled persons are not adequately involved in these discussions and decisions, then cities will be less — rather than more — accessible.

    Ron Buliung 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. AI-powered assistive technologies are changing how we experience and imagine public space – https://theconversation.com/ai-powered-assistive-technologies-are-changing-how-we-experience-and-imagine-public-space-229836

    MIL OSI

  • MIL-OSI Submissions: Motion sickness drug linked to cases of robbery and assault – here’s what you need to know about ‘devil’s breath’

    Source: The Conversation – UK – By Dipa Kamdar, Senior Lecturer in Pharmacy Practice, Kingston University

    Scopolamine is extracted from brugmansia MaCross-Photography/Shutterstock

    Scopolamine, more chillingly known as “devil’s breath,” is a drug with a dual identity. In medicine, it’s used to prevent motion sickness and nausea. But in the criminal underworld, particularly in parts of South America, it has gained a dark reputation as a substance that can erase memory, strip away free will and facilitate serious crimes. Now, its presence may be sparking fresh concerns in the UK.

    While most reports of devil’s breath come from countries like Colombia, concerns about its use in Europe are not new. In 2015, three people were arrested in Paris for allegedly using the drug to rob victims, turning them into compliant “zombies”.

    The UK’s first known murder linked to scopolamine was reported in 2019 when the Irish dancer Adrian Murphy was poisoned by thieves attempting to sell items stolen from him. In a more recent case in London, a woman reported symptoms consistent with scopolamine exposure after being targeted on public transport.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    Scopolamine, also known as hycosine, is a tropane alkaloid, a type of plant-derived compound found in the nightshade family (Solanaceae). It has a long history: indigenous communities in South America traditionally used it for spiritual rituals due to its potent psychoactive effects.

    In modern medicine, scopolamine (marketed in the UK as hyoscine hydrobromide) is prescribed to prevent motion sickness, nausea, vomiting and muscle spasms. It also reduces saliva production before surgery. Brand names include Kwells (tablets) and Scopoderm (patches).

    As an anticholinergic drug, scopolamine blocks the neurotransmitter acetylcholine, which plays a vital role in memory, learning, and coordination. Blocking it helps reduce nausea by interrupting signals from the balance (vestibular) system to the brain. But it also comes with side effects, especially when used in high doses or outside a clinical setting.

    How it affects the brain

    Scopolamine disrupts the cholinergic system, which is central to memory formation and retrieval. As a result, it can cause temporary but severe memory loss: a key reason it’s been weaponised in crimes. Some studies also suggest it increases oxidative stress in the brain, compounding its effects on cognition.

    The drug’s power to erase memory, sometimes described as “zombifying”, has made it a focus of forensic and criminal interest. Victims often describe confusion, hallucinations and a complete loss of control.

    Uses and misuses

    In clinical settings, scopolamine is sometimes used off-label for depression, excessive sweating, or even to help quit smoking. But outside these uses, it’s increasingly associated with danger.

    Recreational users are drawn to its hallucinogenic effects – but the line between tripping and toxic is razor thin.

    In Colombia and other parts of South America, scopolamine, also known as burundanga, has been implicated in countless robberies and sexual assaults. Victims describe feeling dreamlike, compliant, and unable to resist or recall events. That’s what makes it so sinister – it robs people of both agency and memory.

    The drug is often administered surreptitiously. In its powdered form, it’s odourless and tasteless, making it easy to slip into drinks or blow into someone’s face, as some victims have reported. Online forums detail how to make teas or infusions from plant parts, seeds, roots, flowers – heightening the risk of DIY misuse.

    Once ingested, the drug works quickly and exits the body within about 12 hours, making it hard to detect in routine drug screenings. For some people, even a dose under 10mg can be fatal.

    Devil’s Breath documentary trailer, Journeyman Pictures.

    Signs of scopolamine poisoning include rapid heartbeat and palpitations, dry mouth and flushed skin, blurred vision, confusion and disorientation, hallucinations and drowsiness.

    If you experience any of these, especially after an unexpected drink or interaction, seek medical attention immediately.

    Dipa Kamdar 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. Motion sickness drug linked to cases of robbery and assault – here’s what you need to know about ‘devil’s breath’ – https://theconversation.com/motion-sickness-drug-linked-to-cases-of-robbery-and-assault-heres-what-you-need-to-know-about-devils-breath-259720

    MIL OSI

  • MIL-OSI Submissions: Virgin by Lorde is a layered work of performance art – her smartest references explained

    Source: The Conversation – UK – By Lillian Hingley, Postdoctoral Researcher in English Literature, University of Oxford

    With her latest album, Virgin, Lorde is stretching the concept of the virgin beyond the common definition. Some may consider the album’s title and its cover art – an X-ray of Lorde’s pelvis showing an IUD – to be contradictory.

    But while Lorde could still be using contraception for purposes beyond birth control, its presence shows that the album doesn’t shy away from discussions of sexual activities and the risk of pregnancy (two themes that are clearly discussed in the track Clearblue).

    As she also shows with her approach to gender in the album’s opening song, Hammer (“Some days, I’m a woman, some days, I’m a man”), Lorde is testing and muddying common dualisms.

    The scientific perspective offered by the album art forces the viewer to look through Lorde’s body, but we are also looking beyond her reproductive organs. Certainly, Lorde sometimes conceptualises virginity as something that can only be given once, as she explains on David.


    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.


    In Hammer, her quip “don’t know if it’s love or if it’s ovulation” is a comedic musing on whether an experience is profoundly transcendental or just the product of hormones. But what strikes me is the fact that her concepts and themes are not static or singular.

    This album is exploring the idea of being made, or even remade, through experience. In If She Could See Me Now, Lorde recounts how painful moments “made me a woman”.

    Like French philosopher Simone de Beauvoir’s phrase “one is not born, but rather becomes, a woman”, Lorde is exploring how her body is being changed by what she has been through. As she sings in What Was That?: “I try to let whatever has to pass through me pass through.”

    Again, while she on the one hand describes something moving through her body, she’s also describing an attempt to move through something that has happened to her – turning a passive experience into one of acceptance and action. Here we might think of another notion of virginity: a substance before it is processed. Virginity is part of the experience of being changed, or reborn, into something else.

    This is not to say that Virgin is uninterested in the body. Lorde’s discussion of her eating disorder in Broken Glass is a case in point.

    Lorde as performance artist

    The visuals accompanying Virgin emphasise Lorde’s status as a performance artist. The crescendo of the What Was That video is a spontaneous public performance of Virgin’s first single.

    The music video for What Was That.

    When Lorde released the second single, Man of the Year, she posted on her website:

    TRYING TO MAKE IT SOUND LIKE A FONTANA, LIKE PAINTING BITTEN BY A MAN, LIKE THE NEW YORK EARTH ROOM. THE SOUND OF MY REBIRTH.

    The simile here, or the idea of making music sound “like” visual art, emphasises the tactility of Lorde’s work. Each artistic piece referenced here is concerned with physically intervening into the conventional art gallery set-up.

    Italian artist Lucio Fontana’s Spacial Concept series (1960) included slashed canvases a disruption of the body of the artwork with yonic – in other words, vulva-like – imagery (indeed, it challenges how “damaged” artworks are usually hidden from audiences, waiting to be restored).

    Similarly, American artist Jasper Johns’ Painting Bitten by a Man (1961) is an encaustic painting (derived from the Greek word for “burned in”), which shows off the markings of someone who has bitten into the canvas.

    The video for Man of the Year.

    The music video for Man of the Year is filmed in a room that is filled with dirt. This is a clear nod to American sculptor Walter de Maria’s New York Earth Room (1977). The piece also fills a white room in New York with this unexpected material: earth inside a building, where mushrooms can grow.

    The video for Man of the Year may also be referencing another artwork. Lorde is shown using duct tape to bind her breasts. While this points to Lorde’s exploration of her body and gender identity, the material also recalls Italian artist Maurizio Cattelan’s duct-taped banana artwork, Comedian.

    Offering phallic imagery to Fontana’s yonic imagery, Cattelan’s piece mirrors Lorde’s concern with ontology, or definition. What makes something art?

    Prometheus (Un)bound?

    But just as Lorde is binding herself in new ways, she is unbinding herself in others. In If She Could See Me Now, Lorde declares: “I’m going back to the clay.”

    Here that the album recalls the Prometheus myth: the ancient Greek story that Prometheus fashioned humans out of mud (or clay) and gave his creations fire.

    The closing track, David, offers another ancient allusion, this time about David and Goliath. David – who, as a harpist, is a musician like Lorde – kills the giant man with stones. This reference furthers the song’s discussion of the problem of treating a man, a lover, like a god.

    In David Lorde explores similar themes to Mary Shelley.

    This subtle reference to the killing of Goliath adds another layer to the euphemism for male testicles explored in Shapeshifter: “Do you have the stones?”. Perhaps Virgin is doing what Mary Shelley’s Frankenstein (1818) did with the Prometheus tale: both exploring what happens when a man tries to create and determine the fate of another being, whether nature or nurture make a person, and how a new body can be refashioned from old ones.

    After listening to the entire album, I was struck by how Lorde is exploring different facets of another question: who, exactly, is Lorde? Especially now that she is embracing who she is beyond the yoke of other people – or the demons – that have shaped her? Virgin shows that Lorde now wants to return “to the clay”, or to remake who she is, now that she is unbound by Prometheus.

    This article features references to books that have been included for editorial reasons, and may contain links to bookshop.org. If you click on one of the links and go on to buy something from bookshop.org The Conversation UK may earn a commission.

    Lillian Hingley 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. Virgin by Lorde is a layered work of performance art – her smartest references explained – https://theconversation.com/virgin-by-lorde-is-a-layered-work-of-performance-art-her-smartest-references-explained-260181

    MIL OSI

  • MIL-OSI Submissions: Your essential guide to climate finance

    Source: The Conversation – UK – By Mark Maslin, Professor of Natural Sciences, UCL

    MEE KO DONG/Shutterstock

    The global ecosystem of climate finance is complex, constantly changing and sometimes hard to understand. But understanding it is critical to demanding a green transition that’s just and fair. That’s why The Conversation has collaborated with climate finance experts to create this user-friendly guide, in partnership with Vogue Business. With definitions and short videos, we’ll add to this glossary as new terms emerge.

    Blue bonds

    Blue bonds are debt instruments designed to finance ocean-related conservation, like protecting coral reefs or sustainable fishing. They’re modelled after green bonds but focus specifically on the health of marine ecosystems – this is a key pillar of climate stability.

    By investing in blue bonds, governments and private investors can fund marine projects that deliver both environmental benefits and long-term financial returns. Seychelles issued the first blue bond in 2018. Now, more are emerging as ocean conservation becomes a greater priority for global sustainability efforts.

    By Narmin Nahidi, assistant professor in finance at the University of Exeter

    Carbon border adjustment mechanism

    Did you know that imported steel could soon face a carbon tax at the EU border? That’s because the carbon border adjustment mechanism is about to shake up the way we trade, produce and price carbon.

    The carbon border adjustment mechanism is a proposed EU policy to put a carbon price on imports like iron, cement, fertiliser, aluminium and electricity. If a product is made in a country with weaker climate policies, the importer must pay the difference between that country’s carbon price and the EU’s. The goal is to avoid “carbon leakage” – when companies relocate to avoid emissions rules and to ensure fair competition on climate action.

    But this mechanism is more than just a tariff tool. It’s a bold attempt to reshape global trade. Countries exporting to the EU may be pushed to adopt greener manufacturing or face higher tariffs.

    The carbon border adjustment mechanism is controversial: some call it climate protectionism, others argue it could incentivise low-carbon innovation worldwide and be vital for achieving climate justice. Many developing nations worry it could penalise them unfairly unless there’s climate finance to support greener transitions.

    Carbon border adjustment mechanism is still evolving, but it’s already forcing companies, investors and governments to rethink emissions accounting, supply chains and competitiveness. It’s a carbon price with global consequences.

    By Narmin Nahidi, assistant professor in finance at the University of Exeter

    Carbon budget

    The Paris agreement aims to limit global warming to 1.5°C above pre-industrial levels by 2030. The carbon budget is the maximum amount of CO₂ emissions allowed, if we want a 67% chance of staying within this limit. The Intergovernmental Panel on Climate Change (IPCC) estimates that the remaining carbon budgets amount to 400 billion tonnes of CO₂ from 2020 onwards.

    Think of the carbon budget as a climate allowance. Once it has been spent, the risk of extreme weather or sea level rise increases sharply. If emissions continue unchecked, the budget will be exhausted within years, risking severe climate consequences. The IPCC sets the global carbon budget based on climate science, and governments use this framework to set national emission targets, climate policies and pathways to net zero emissions.

    By Dongna Zhang, assistant professor in economics and finance, Northumbria University

    Carbon credits

    Carbon credits are like a permit that allow companies to release a certain amount of carbon into the air. One credit usually equals one tonne of CO₂. These credits are issued by the local government or another authorised body and can be bought and sold. Think of it like a budget allowance for pollution. It encourages cuts in carbon emissions each year to stay within those global climate targets.

    The aim is to put a price on carbon to encourage cuts in emissions. If a company reduces its emissions and has leftover credits, it can sell them to another company that is going over its limit. But there are issues. Some argue that carbon credit schemes allow polluters to pay their way out of real change, and not all credits are from trustworthy projects. Although carbon credits can play a role in addressing the climate crisis, they are not a solution on their own.

    By Sankar Sivarajah, professor of circular economy, Kingston University London

    Carbon credits explained.

    Carbon offsetting

    Carbon offsetting is a way for people or organisations to make up for the carbon emissions they are responsible for. For example, if you contribute to emissions by flying, driving or making goods, you can help balance that out by supporting projects that reduce emissions elsewhere. This might include planting trees (which absorb carbon dioxide) or building wind farms to produce renewable energy.

    The idea is that your support helps cancel out the damage you are doing. For example, if your flight creates one tonne of carbon dioxide, you pay to support a project that removes the same amount.

    While this sounds like a win-win, carbon offsetting is not perfect. Some argue that it lets people feel better without really changing their behaviour, a phenomenon sometimes referred to as greenwashing.

    Not all projects are effective or well managed. For instance, some tree planting initiatives might have taken place anyway, even without the offset funding, deeming your contribution inconsequential. Others might plant the non-native trees in areas where they are unlikely to reach their potential in terms of absorbing carbon emissions.

    So, offsetting can help, but it is no magic fix. It works best alongside real efforts to reduce greenhouse gas emissions and encourage low-carbon lifestyles or supply chains.

    By Sankar Sivarajah, professor of circular economy, Kingston University London

    Carbon offsetting explained.

    Carbon tax

    A carbon tax is designed to reduce greenhouse gas emissions by placing a direct price on CO₂ and other greenhouse gases.

    A carbon tax is grounded in the concept of the social cost of carbon. This is an estimate of the economic damage caused by emitting one tonne of CO₂, including climate-related health, infrastructure and ecosystem impacts.

    A carbon tax is typically levied per tonne of CO₂ emitted. The tax can be applied either upstream (on fossil fuel producers) or downstream (on consumers or power generators). This makes carbon-intensive activities more expensive, it incentivises nations, businesses and people to reduce their emissions, while untaxed renewable energy becomes more competitively priced and appealing.

    Carbon tax was first introduced by Finland in 1990. Since then, more than 39 jurisdictions have implemented similar schemes. According to the World Bank, carbon pricing mechanisms (that’s both carbon taxes and emissions trading systems) now cover about 24% of global emissions. The remaining 76% are not priced, mainly due to limited coverage in both sectors and geographical areas, plus persistent fossil fuel subsidies. Expanding coverage would require extending carbon pricing to sectors like agriculture and transport, phasing out fossil fuel subsidies and strengthening international governance.

    What is carbon tax?

    Sweden has one of the world’s highest carbon tax rates and has cut emissions by 33% since 1990 while maintaining economic growth. The policy worked because Sweden started early, applied the tax across many industries and maintained clear, consistent communication that kept the public on board.

    Canada introduced a national carbon tax in 2019. In Canada, most of the revenue from carbon taxes is returned directly to households through annual rebates, making the scheme revenue-neutral for most families. However, despite its economic logic, inflation and rising fuel prices led to public discontent – especially as many citizens were unaware they were receiving rebates.

    Carbon taxes face challenges including political resistance, fairness concerns and low public awareness. Their success depends on clear communication and visible reinvestment of revenues into climate or social goals. A 2025 study that surveyed 40,000 people in 20 countries found that support for carbon taxes increases significantly when revenues are used for environmental infrastructure, rather than returned through tax rebates.

    By Meilan Yan, associate professor and senior lecturer in financial economics, Loughborough University

    Climate resilience

    Floods, wildfires, heatwaves and rising seas are pushing our cities, towns and neighbourhoods to their limits. But there’s a powerful idea that’s helping cities fight back: climate resilience.

    Resilience refers to the ability of a system, such as a city, a community or even an ecosystem – to anticipate, prepare for, respond to and recover from climate-related shocks and stresses.

    Sometimes people say resilience is about bouncing back. But it’s not just about surviving the next storm. It’s about adapting, evolving and thriving in a changing world.

    Resilience means building smarter and better. It means designing homes that stay cool during heatwaves. Roads that don’t wash away in floods. Power grids that don’t fail when the weather turns extreme.

    It’s also about people. A truly resilient city protects its most vulnerable. It ensures that everyone – regardless of income, age or background – can weather the storm.

    And resilience isn’t just reactive. It’s about using science, local knowledge and innovation to reduce a risk before disaster strikes. From restoring wetlands to cool cities and absorb floods, to creating early warning systems for heatwaves, climate resilience is about weaving strength into the very fabric of our cities.

    By Paul O’Hare, senior lecturer in geography and development, Manchester Metropolitan University

    The meaning of climate resilience.

    Climate risk disclosure

    Climate risk disclosure refers to how companies report the risks they face from climate change, such as flood damage, supply chain disruptions or regulatory costs. It includes both physical risks (like storms) and transition risks (like changing laws or consumer preferences).

    Mandatory disclosures, such as those proposed by the UK and EU, aim to make climate-related risks transparent to investors. Done well, these reports can shape capital flows toward more sustainable business models. Done poorly, they become greenwashing tools.

    By Narmin Nahidi, assistant professor in finance at the University of Exeter

    Emissions trading scheme

    An emissions trading scheme is the primary market-based approach for regulating greenhouse gas emissions in many countries, including Australia, Canada, China and Mexico.

    Part of a government’s job is to decide how much of the economy’s carbon emissions it wants to avoid in order to fight climate change. It must put a cap on carbon emissions that economic production is not allowed to surpass. Preferably, the polluters (that’s the manufacturers, fossil fuel companies) should be the ones paying for the cost of climate mitigation.

    Regulators could simply tell all the firms how much they are allowed to emit over the next ten years or so. But giving every firm the same allowance across the board is not cost efficient, because avoiding carbon emissions is much harder for some firms (such as steel producers) than others (such as tax consultants). Since governments cannot know each firm’s specific cost profile either, it can’t customise the allowances. Also, monitoring whether polluters actually abide by their assigned limits is extremely costly.

    An emissions trading scheme cleverly solves this dilemma using the cap-and-trade mechanism. Instead of assigning each polluter a fixed quota and risking inefficiencies, the government issues a large number of tradable permits – each worth, say, a tonne of CO₂-equivalent (CO₂e) – that sum up to the cap. Firms that can cut greenhouse gas emissions relatively cheaply can then trade their surplus permits to those who find it harder – at a price that makes both better off.

    By Mathias Weidinger, environmental economist, University of Oxford

    Emissions trading schemes, explained by climate finance expert Mathias Weidinger.

    Environmental, social and governance (ESG) investing

    ESG investing stands for environmental, social and governance investing. In simple terms, these are a set of standards that investors use to screen a company’s potential investments.

    ESG means choosing to invest in companies that are not only profitable but also responsible. Investors use ESG metrics to assess risks (such as climate liability, labour practices) and align portfolios with sustainability goals by looking at how a company affects our planet and treats its people and communities. While there isn’t one single global body governing ESG, various organisations, ratings agencies and governments all contribute to setting and evolving these metrics.

    For example, investing in a company committed to renewable energy and fair labour practices might be considered “ESG aligned”. Supporters believe ESG helps identify risks and create long-term value. Critics argue it can be vague or used for greenwashing, where companies appear sustainable without real action. ESG works best when paired with transparency and clear data. A barrier is that standards vary, and it’s not always clear what counts as ESG.

    Why do financial companies and institutions care? Issues like climate change and nature loss pose significant risks, affecting company values and the global economy.

    Investing with ESG in mind can help manage these risks and unlock opportunities, with ESG assets projected to reach over US$40 trillion (£30 trillion) by 2030.

    However, gathering reliable ESG information can be difficult. Companies often self-report, and the data isn’t always standardised or up to date. Researchers – including my team at the University of Oxford – are using geospatial data, like satellite imagery and artificial intelligence, to develop global databases for high-impact industries, across all major sectors and geographies, and independently assess environmental and social risks and impacts.

    For instance, we can analyse satellite images of a facility over time to monitor its emissions effect on nature and biodiversity, or assess deforestation linked to a company’s supply chain. This allows us to map supply chains, identify high-impact assets, and detect hidden risks and opportunities in key industries, providing an objective, real-time look at their environmental footprint.

    The goal is for this to improve ESG ratings and provide clearer, more consistent insights for investors. This approach could help us overcome current data limitations to build a more sustainable financial future.

    By Amani Maalouf, senior researcher in spatial finance, University of Oxford

    Environmental, social and governance investing explained.

    Financed emissions

    Financed emissions are the greenhouse gas emissions linked to a bank’s or investor’s lending and investment portfolio, rather than their own operations. For example, a bank that funds a coal mine or invests in fossil fuels is indirectly responsible for the carbon those activities produce.

    Measuring financed emissions helps reveal the real climate impact of financial institutions not just their office energy use. It’s a cornerstone of climate accountability in finance and is becoming essential under net zero pledges.

    By Narmin Nahidi, assistant professor in finance at the University of Exeter

    Green bonds

    Green bonds are loans issued to fund environmentally beneficial projects, such as energy-efficient buildings or clean transportation. Investors choose them to support climate solutions while earning returns.

    Green bonds are a major tool to finance the shift to a low-carbon economy by directing finance toward climate solutions. As climate costs rise, green bonds could help close the funding gap while ensuring transparency and accountability.

    Green bonds are required to ensure funds are spent as promised. For instance, imagine a city wants to upgrade its public transportation by adding electric buses to reduce pollution. Instead of raising taxes or slashing other budgets, the city can issue green bonds to raise the necessary capital. Investors buy the bonds, the city gets the funding, and the environment benefits from cleaner air and fewer emissions.

    The growing participation of government issuers has improved the transparency and reliability of these investments. The green bond market has grown rapidly in recent years. According to the Bank for International Settlements, the green bond market reached US$2.9 trillion (£2.1 trillion) in 2024 – nearly six times larger than in 2018. At the same time, annual issuance (the total value of green bonds issued in a year) hit US$700 billion, highlighting the increasing role of green finance in tackling climate change.

    By Dongna Zhang, assistant professor in economics and finance, Northumbria University

    Just transition

    Just transition is the process of moving to a low-carbon society that is environmentally sustainable and socially inclusive. In a broad sense, a just transition means focusing on creating a more fair and equal society.

    Just transition has existed as a concept since the 1970s. It was originally applied to the green energy transition, protecting workers in the fossil fuel industry as we move towards more sustainable alternatives.

    These days, it has so many overlapping issues of justice hidden within it, so the concept is hard to define. Even at the level of UN climate negotiations, global leaders struggle to agree on what a just transition means.

    The big battle is between developed countries, who want a very restrictive definition around jobs and skills, and developing countries, who are looking for a much more holistic approach that considers wider system change and includes considerations around human rights, Indigenous people and creating an overall fairer global society.

    A just transition is essentially about imagining a future where we have moved beyond fossil fuels and society works better for everyone – but that can look very different in a European city compared to a rural setting in south-east Asia.

    For example, in a British city it might mean fewer cars and better public transport. In a rural setting, it might mean new ways of growing crops that are more sustainable, and building homes that are heatwave resistant.

    By Alix Dietzel, climate justice and climate policy expert, University of Bristol

    The meaning of just transition.

    Loss and damage

    A global loss and damage fund was agreed by nations at the UN climate summit (Cop27) in 2022. This means that the rich countries of the world put money into a fund that the least developed countries can then call upon when they have a climate emergency.

    The World Bank has agreed to run the loss and damage fund but they are charging significant fees for doing so.

    At the moment, the loss and damage fund is made up of relatively small pots of money. Much more will be needed to provide relief to those who need it most now and in the future.

    By Mark Maslin, professor of earth system science, UCL

    Mark Maslin explains loss and damage.

    Mitigation v adaptation

    Mitigation means cutting greenhouse gas emissions to slow climate change. Adaptation means adjusting to its effects, like building sea walls or growing heat-resistant crops. Both are essential: mitigation tackles the cause, while adaptation tackles the symptoms.

    Globally, most funding goes to mitigation, but vulnerable communities often need adaptation support most. Balancing the two is a major challenge in climate policy, especially for developing countries facing immediate climate threats.

    By Narmin Nahidi, assistant professor in finance at the University of Exeter

    Nationally determined contributions

    Nationally determined contributions (NDCs) are at the heart of the Paris agreement, the global effort to collectively combat climate change. NDCs are individual climate action plans created by each country. These targets and strategies outline how a country will reduce its greenhouse gas emissions and adapt to climate change.

    Each nation sets its own goals based on its own circumstances and capabilities – there’s no standard NDC. These plans should be updated every five years and countries are encouraged to gradually increase their climate ambitions over time.

    The aim is for NDCs to drive real action by guiding policies, attracting investment and inspiring innovation in clean technologies. But current NDCs fall short of the Paris agreement goals and many countries struggle to turn their plans into a reality. NDCs also vary widely in scope and detail so it’s hard to compare efforts across the board. Stronger international collaboration and greater accountability will be crucial.

    By Doug Specht, reader in cultural geography and communication, University of Westminster

    Doug Specht explains nationally determined contributions.

    Natural capital

    Fashion depends on water, soil and biodiversity – all natural capital. And forward-thinking designers are now asking: how do we create rather than deplete, how do we restore rather than extract?

    Natural capital is the value assigned to the stock of forests, soils, oceans and even minerals such as lithium. It sustains every part of our economy. It’s the bees that pollinate our crops. It’s the wetlands that filter our water and it’s the trees that store carbon and cool our cities.

    If we fail to value nature properly, we risk losing it. But if we succeed, we unlock a future that is not only sustainable but also truly regenerative.

    My team at the University of Oxford is developing tools to integrate nature into national balance sheets, advising governments on biodiversity, and we’re helping industries from fashion to finance embed nature into their decision making.

    Natural capital, explained by a climate finance expert.

    By Mette Morsing, professor of business sustainability and director of the Smith School of Enterprise and the Environment, University of Oxford

    Net zero

    Reaching net zero means reducing the amount of additional greenhouse gas emissions that accumulate in the atmosphere to zero. This concept was popularised by the Paris agreement, a landmark deal that was agreed at the UN climate summit (Cop21) in 2015 to limit the impact of greenhouse gas emissions.

    There are some emissions, from farming and aviation for example, that will be very difficult, if not impossible, to reach absolute zero. Hence, the “net”. This allows people, businesses and countries to find ways to suck greenhouse gas emissions out of the atmosphere, effectively cancelling out emissions while trying to reduce them. This can include reforestation, rewilding, direct air capture and carbon capture and storage. The goal is to reach net zero: the point at which no extra greenhouse gases accumulate in Earth’s atmosphere.

    By Mark Maslin, professor of earth system science, UCL

    Mark Maslin explains net zero.

    For more expert explainer videos, visit The Conversation’s quick climate dictionary playlist here on YouTube.

    Mark Maslin is Pro-Vice Provost of the UCL Climate Crisis Grand Challenge and Founding Director of the UCL Centre for Sustainable Aviation. He was co-director of the London NERC Doctoral Training Partnership and is a member of the Climate Crisis Advisory Group. He is an advisor to Sheep Included Ltd, Lansons, NetZeroNow and has advised the UK Parliament. He has received grant funding from the NERC, EPSRC, ESRC, DFG, Royal Society, DIFD, BEIS, DECC, FCO, Innovate UK, Carbon Trust, UK Space Agency, European Space Agency, Research England, Wellcome Trust, Leverhulme Trust, CIFF, Sprint2020, and British Council. He has received funding from the BBC, Lancet, Laithwaites, Seventh Generation, Channel 4, JLT Re, WWF, Hermes, CAFOD, HP and Royal Institute of Chartered Surveyors.

    Amani Maalouf receives funding from IKEA Foundation and UK Research and Innovation (NE/V017756/1).

    Narmin Nahidi is affiliated with several academic associations, including the Financial Management Association (FMA), British Accounting and Finance Association (BAFA), American Finance Association (AFA), and the Chartered Association of Business Schools (CMBE). These affiliations do not influence the content of this article.

    Paul O’Hare receives funding from the UK’s Natural Environment Research Council (NERC). Award reference NE/V010174/1.

    Alix Dietzel, Dongna Zhang, Doug Specht, Mathias Weidinger, Meilan Yan, and Sankar Sivarajah do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Your essential guide to climate finance – https://theconversation.com/your-essential-guide-to-climate-finance-256358

    MIL OSI

  • MIL-OSI Europe: Press remarks by Commissioner Várhelyi on the EU Life Sciences Strategy

    Source: EuroStat – European Statistics

    European Commission Speech Brussels, 02 Jul 2025 Thank you very much.

    I think what you see today and what you’re going to read is a very clear roadmap, or if you will, a clear expression of a European offer: how to make Europe the global leader in life sciences by 2030.

    Because if you look at all the sectors of our economies, what you will find is that it is the biotech sector and the health sector where Europe has the biggest potential to become or to stay a leader.

    If you look at the Draghi report, it is very clear that this is where Europe needs to up its game and where Europe has the basics to create itself as the hub for innovation and investment in long-term and sustainable healthcare. But for this to happen, we need to do a major overhaul of how we do things and also to use our assets even more strategically. Strategically meaning attracting science, attracting innovation, attracting investments and this way ensuring that our patients will always have the most state-of-the-art healthcare throughout the times to come.

    But for this to happen, we need to do things urgently. Urgently because there is a very clear global race for this. If I want to put it into three major challenges, what we need to achieve is first of all we have a trade challenge.

    This is the sector which is the second biggest exporter from the EU. This is a sector which is contributing very largely to the trade surplus that we are having. And this is the sector which is truly global, and this is the sector which is still leading globally.

    The second challenge is the challenge of investments. How do we create a climate in which we have long-term vision ensured for everyone to invest into these new technologies. New technologies are around the corner we all know and in the healthcare sector this might come even faster than anywhere else.

    We have new therapies emerging by the day. We have completely new combinations of innovations that we have not seen before based on artificial intelligence, European health data space just to name two of the main cornerstones. But for this to be turned into real economic output and also patient outcomes, we need to do an overhaul of the European legislative framework.

    And this is what we have sketched out in a broad term in this paper today. Some of the elements are already on the way.

    The pharma review is already very well advanced. We hope that this will be concluded already this year. And this should already give a very clear and strong signal to the innovators that we want them to stay. And not only that but we want them to invest more because the ground for innovation has been reinforced.

    The second is of course the very important Critical Medicines Act which should act to create the markets on the ground for all innovative products, but which should also create the accessibility for the patients to all these new technologies. And of course, when it comes to talking about the rest of this year, the most important elements we anticipate to come forward with is going to be first of all a full review of the medical devices sector, a Biotech Act and also that should include a revision of the Clinical Trials Regulation.

    And to bring all these innovations into therapies, a very comprehensive European cardiovascular health plan. We do hope that we can achieve all this still this year, and we can put it on the table of the co-legislators because we have no time to lose. So, let’s go one by one.

    The medical devices. The medical devices is an area maybe overlooked by many, but the medical devices area is a backbone of our healthcare system. And it has a huge potential for the development of the healthcare system because we are living in the age when innovators are combining different products that have not been seen before.

    Ozempic is the talk of the town. Ozempic is a pharmaceutical product, but it is marketed together with a medical device. And for this to be authorised it had to be done twice.

    It had to be authorised as a pharmaceutical product, and it had to be authorised as a medical device. Of course, we do not want to compromise on health and safety. We don’t want to compromise on efficacy.

    But we have to make sure that, when we will have medical devices that are also using artificial intelligence, we will be the first and the fastest to authorise them. And we will be the place that these are going to be developed and innovated. So, we need a major overhaul for this sector which is mainly composed of SMEs so that they can really unravel the whole new avenue of medtech innovation.

    This should come still this year. Second big proposal we are trying to make is going to be the Biotech Act. If you ask me, if I want to translate it into everyday language, the Biotech Act should serve two things.

    One is to break the boundaries of innovation. So far we have silos. We have the pharmaceutical sector, we have the medical devices sector, we have the chemical sector, and I can go on with all the interlinked sectors.

    But our goal here is to make innovation easier. And when you have a genuine idea which crosscuts the different sectors that we have you should be able to go much faster and you should be able to go much easier into creating new products in Europe and hopefully manufacturing them also in Europe. But for this to happen, we also need to look into the other field of major international competition which is the clinical trials.

    It is clear that we are challenged in Europe on two main fronts. One is the clinical trials; the other one is the basic life science research where we are losing ground. We are losing ground to competitors like the US and China.

    And Europe has been at the forefront of all this 10 years ago. So, we need to really change our mindset and this starts with a full review of the clinical trials and how to make it more effective and also faster. Also, by using new technologies because there are ways in which we can speed up things by using simply the new technologies.

    We need the therapies to enter the markets much faster and we need also innovation to be translated into patient outcomes much much faster. So, as you know we are now at the stage of consulting the public about the Biotech Act and, if it is up to me, I still want to deliver this this year because again we have no time to lose.

    And finally, on the cardiovascular health plan, this should be the vehicle that brings these new therapies to the patients. Cardiovascular health, I think, is the biggest challenge of Europe currently. We have a comprehensive plan already for cancer but still the single biggest cause of death in Europe is the cardiovascular diseases. And unfortunately, the situation is not improving but actually deteriorating.

    If you look at only the figure related to the young generation, what you see is that the young generation, meaning the under 30s, 40% of them are either obese or having diabetes or both. That means that, 10 years from now, we will have a generation with a condition. A whole generation in the prime of their life having a condition, most probably cardiovascular condition.

    We have to act now, and we have to make it much easier and much faster for them to access new therapies that are personalized, that are also based on predictive medicine, that are changing the realities, and which are creating real personal choices that people can make.

    I think if you look at our little paper you will see a vision, but I want to translate this very fast into action as well.

    Thank you, I am now happy to answer your questions.

    MIL OSI Europe News