Category: Machine Learning

  • MIL-OSI: Mavenir Signs Debt Recapitalization Transaction to Drive Continued Growth

    Source: GlobeNewswire (MIL-OSI)

    Transaction to strengthen Mavenir’s balance sheet and support its strategic focus on its profitable Mobile Core segment

    Mavenir to refocus Open RAN investments on 4G and 5G software, will accelerate investment in AI

    Siris to be controlling shareholder with support from key existing Mavenir lenders

    RICHARDSON, Texas, June 16, 2025 (GLOBE NEWSWIRE) — Mavenir, the cloud-native network infrastructure provider building the future of networks, and its existing investor Siris, a leading private equity firm focused on investing and driving value creation in technology companies, today announced that they have signed a comprehensive recapitalization with Mavenir’s lenders.

    This transaction will meaningfully strengthen Mavenir’s balance sheet by eliminating over $1.3 billion of existing indebtedness and securing $300 million of new senior financing, in addition to a smaller subordinated facility provided by Siris and participating lenders. With increased liquidity, a more stable capital structure and substantially reduced net leverage, Mavenir will be well-positioned for sustained growth and long-term success.

    The scale and structure of this financial transformation reflect the confidence and ongoing commitment of Siris and the lenders. With this enhanced financial foundation, Mavenir will be well-positioned to build on its industry-leading position in the Mobile Core development space. Siris will maintain its controlling ownership position in Mavenir and remain an active partner as Mavenir advances its vision of a cloud-native, AI-enabled network.

    “We have been spearheading cloud transformation in Core and Open RAN. With a strengthened balance sheet and lower leverage, we are doubling down on our software expertise and domain knowledge to deliver a comprehensive, end-to-end, AI-native telco stack, setting Mavenir up for profitable growth in both Core and Open RAN. We are excited to leverage our Mobile Core leadership to accelerate software-driven network transformations for our customers around the world,” said Pardeep Kohli, President and CEO of Mavenir.

    “This is a pivotal moment for our company,” said Hubert de Pesquidoux, Mavenir Executive Chair and Siris Executive Partner. “By strengthening our capital structure, we will be better positioned to execute our strategy, invest in innovation, and deliver on our commitments. We are deeply grateful to all our stakeholders – our customers, partners, investors, and especially our employees – for their unwavering support and confidence throughout this process.”

    “Mavenir has been a powerful innovator throughout its existence, and we are proud to continue our long-standing partnership with them as they continue building upon their leading position in the software industry,” said Frank Baker, Co-Founder and Managing Partner of Siris. “We look forward to supporting Mavenir during this next chapter of innovation and growth.”

    The transaction is expected to close in approximately four to six weeks.

    A Refined Investment Strategy

    As part of these broader efforts to position itself for growth, Mavenir will double down on its profitable Core segment, a suite of software applications focused on voice, messaging, video, and data services, while refining its Open RAN investments to prioritize software in 4G and 5G deployments. Mavenir will also maintain its Open RAN hardware IP and continue to support its existing customers to ensure maximum flexibility in the evolving Open RAN landscape. This strategic decision will ensure Mavenir is best positioned to deliver even more innovative products and programs to its global customer base while remaining at the forefront of the Open RAN ecosystem.

    Mavenir will also accelerate investment in AI capabilities across its Mobile Core and Open RAN businesses to drive autonomous networks, deliver AI-native solutions, and unlock new revenue streams through AI-based solutions. This strategic focus aligns with Mavenir’s vision of building the future of networks with cloud-native solutions that run on any cloud.

    About Mavenir
    Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

    About Siris
    Siris is a leading private equity firm that targets control investments in North American, middle-market technology and technology-enabled services companies. Siris leverages its network of exclusive Executive Partners to identify, validate, and deliver on the operational and strategic objectives of its investments. Siris is based in New York and West Palm Beach and has invested ~$9 billion since inception as of December 31, 2024. www.siris.com

    Contacts

    For Mavenir:

    Emmanuela Spiteri
    PR@mavenir.com

    For Siris:

    Dana Gorman
    dana.gorman@h-advisors.global

    The MIL Network

  • MIL-OSI: iBio Initiates Non-Human Primate Study of First-in-Class Activin E Antibody Following Positive Preclinical Data Demonstrating Prevention in Weight Regain After GLP-1 Treatment

    Source: GlobeNewswire (MIL-OSI)

    iBio nominates IBIO-610 as development candidate for its first-in-class Activin E antibody

    New study aims to evaluate the half-life of IBIO-610 in obese, elderly non-human primates (NHP) and assess early signs of efficacy on fat reduction and body composition

    Mouse study shows IBIO-610 alone drives an overall body weight loss of 8.9%*, and prevents weight regain following GLP-1 treatment in obese mice, results of which will be presented at ADA on Monday June 23rd

    SAN DIEGO, June 16, 2025 (GLOBE NEWSWIRE) — iBio, Inc. (Nasdaq: IBIO), an AI-driven innovator of precision antibody therapies, today announced the initiation of a NHP study for its Activin E engineered antibody candidate, now named IBIO-610. This preclinical study will evaluate the pharmacokinetics and early signs of efficacy of IBIO-610 in obese and elderly NHPs, including its impact on fat and body composition.

    The study initiation follows a successful scale-up in production and encouraging preclinical results demonstrating a 26% reduction in fat, and synergistic effects with GLP-1 therapy in diet-induced obese (DIO) mice, where the fat-selective weight loss increased to 77%. Initial data from the NHP study are expected by early Q4.

    The NHP study launch follows additional positive preclinical data to be presented at the American Diabetes Association’s (ADA) 85th Scientific Sessions, taking place June 20-23 in Chicago. This poster presentation expands on recent in vivo findings, which also demonstrated a significant 31% reduction in subcutaneous fat and increased to 74% reduction in subcutaneous fat when IBIO-610 was combined with a GLP-1 receptor agonist. The new data show IBIO-610 can not only enhance GLP-1-driven overall weight loss but also prevent weight-regain in DIO mice after GLP-1 therapy discontinuation. This is especially important, as the post-treatment period is typically marked by rapid weight rebound in humans1.

    “The promising preclinical data we’ve generated for this novel approach in the field of obesity are highly encouraging, especially regarding its ability to drive fat-selective weight loss and support long-term weight maintenance,” said Martin Brenner, DVM, Ph.D., Chief Executive Officer and Chief Scientific Officer of iBio. “With this non-human primate study underway and a key scientific presentation at ADA ahead, we are accelerating the path toward clinical development. IBIO-610 exemplifies our commitment to advancing novel, AI-guided antibody therapeutics for serious cardiometabolic conditions like obesity.”

    *non-responder outliers removed

    Details of the Poster Presentation at the ADA 85th Scientific Sessions:

    Poster Number: 1701-P

    Abstract Title: Activin E-Blocking Antibody for Treatment of Metabolic Diseases

    Date & Time: Monday, June 23, from 12:30 p.m. to 1:30 p.m. CST

    Location: Poster Hall (Hall F1)

    References

    1. Wilding, J. P. H. et al. Weight regain and cardiometabolic effects after withdrawal of semaglutide: The STEP 1 trial extension. Diabetes, Obesity and Metabolism 24, 1553–1564 (2022).

    About iBio, Inc.

    iBio (Nasdaq: IBIO) is a cutting-edge biotech company leveraging AI and advanced computational biology to develop next-generation biopharmaceuticals for cardiometabolic diseases, obesity, cancer and other hard-to-treat diseases. By combining proprietary 3D modeling with innovative drug discovery platforms, iBio is creating a pipeline of breakthrough antibody treatments to address significant unmet medical needs. Our mission is to transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine.  For more information, visit www.ibioinc.com or follow us on LinkedIn.

    Forward-Looking Statements

    Any statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” These statements include statements regarding the preclinical study evaluating the pharmacokinetics and early signs of efficacy of IBIO-610 in obese and elderly NHPs, including its impact on fat and body composition, receiving initial data from the NHP study by early Q4, presenting additional positive preclinical data at the American Diabetes Association’s 85th Scientific Sessions on June 20-23 in Chicago, the ability of IBIO-610 to drive fat-selective weight loss and support long-term weight maintenance, accelerating the path toward clinical development and advancing novel, AI-guided antibody therapeutics for serious cardiometabolic conditions like obesity. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the ability of IBIO-610 to drive fat-selective weight loss and support long-term weight maintenance; iBio’s ability to complete the preclinical study of IBIO-610 on time and achieve desired results and benefits as expected; iBio’s ability to obtain regulatory approvals for commercialization of its product candidates, or to comply with ongoing regulatory requirements; regulatory limitations relating to iBio’s ability to promote or commercialize its product candidates for specific indications; acceptance of iBio’s product candidates in the marketplace and the successful development, marketing or sale of products; and whether iBio will incur unforeseen expenses or liabilities or other market factors; and the other factors discussed in iBio’s filings with the SEC including its Annual Report on Form 10-K for the year ended June 30, 2024 and its subsequent filings with the SEC on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and iBio undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Corporate Contact: 
    iBio, Inc. 
    Investor Relations 
    ir@ibioinc.com

    Media Contacts: 
    Ignacio Guerrero-Ros, Ph.D., or David Schull 
    Russo Partners, LLC 
    Ignacio.guerrero-ros@russopartnersllc.com 
    David.schull@russopartnersllc.com 
    (858) 717-2310 or (646) 942-5604

    The MIL Network

  • MIL-OSI: iBio Initiates Non-Human Primate Study of First-in-Class Activin E Antibody Following Positive Preclinical Data Demonstrating Prevention in Weight Regain After GLP-1 Treatment

    Source: GlobeNewswire (MIL-OSI)

    iBio nominates IBIO-610 as development candidate for its first-in-class Activin E antibody

    New study aims to evaluate the half-life of IBIO-610 in obese, elderly non-human primates (NHP) and assess early signs of efficacy on fat reduction and body composition

    Mouse study shows IBIO-610 alone drives an overall body weight loss of 8.9%*, and prevents weight regain following GLP-1 treatment in obese mice, results of which will be presented at ADA on Monday June 23rd

    SAN DIEGO, June 16, 2025 (GLOBE NEWSWIRE) — iBio, Inc. (Nasdaq: IBIO), an AI-driven innovator of precision antibody therapies, today announced the initiation of a NHP study for its Activin E engineered antibody candidate, now named IBIO-610. This preclinical study will evaluate the pharmacokinetics and early signs of efficacy of IBIO-610 in obese and elderly NHPs, including its impact on fat and body composition.

    The study initiation follows a successful scale-up in production and encouraging preclinical results demonstrating a 26% reduction in fat, and synergistic effects with GLP-1 therapy in diet-induced obese (DIO) mice, where the fat-selective weight loss increased to 77%. Initial data from the NHP study are expected by early Q4.

    The NHP study launch follows additional positive preclinical data to be presented at the American Diabetes Association’s (ADA) 85th Scientific Sessions, taking place June 20-23 in Chicago. This poster presentation expands on recent in vivo findings, which also demonstrated a significant 31% reduction in subcutaneous fat and increased to 74% reduction in subcutaneous fat when IBIO-610 was combined with a GLP-1 receptor agonist. The new data show IBIO-610 can not only enhance GLP-1-driven overall weight loss but also prevent weight-regain in DIO mice after GLP-1 therapy discontinuation. This is especially important, as the post-treatment period is typically marked by rapid weight rebound in humans1.

    “The promising preclinical data we’ve generated for this novel approach in the field of obesity are highly encouraging, especially regarding its ability to drive fat-selective weight loss and support long-term weight maintenance,” said Martin Brenner, DVM, Ph.D., Chief Executive Officer and Chief Scientific Officer of iBio. “With this non-human primate study underway and a key scientific presentation at ADA ahead, we are accelerating the path toward clinical development. IBIO-610 exemplifies our commitment to advancing novel, AI-guided antibody therapeutics for serious cardiometabolic conditions like obesity.”

    *non-responder outliers removed

    Details of the Poster Presentation at the ADA 85th Scientific Sessions:

    Poster Number: 1701-P

    Abstract Title: Activin E-Blocking Antibody for Treatment of Metabolic Diseases

    Date & Time: Monday, June 23, from 12:30 p.m. to 1:30 p.m. CST

    Location: Poster Hall (Hall F1)

    References

    1. Wilding, J. P. H. et al. Weight regain and cardiometabolic effects after withdrawal of semaglutide: The STEP 1 trial extension. Diabetes, Obesity and Metabolism 24, 1553–1564 (2022).

    About iBio, Inc.

    iBio (Nasdaq: IBIO) is a cutting-edge biotech company leveraging AI and advanced computational biology to develop next-generation biopharmaceuticals for cardiometabolic diseases, obesity, cancer and other hard-to-treat diseases. By combining proprietary 3D modeling with innovative drug discovery platforms, iBio is creating a pipeline of breakthrough antibody treatments to address significant unmet medical needs. Our mission is to transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine.  For more information, visit www.ibioinc.com or follow us on LinkedIn.

    Forward-Looking Statements

    Any statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” These statements include statements regarding the preclinical study evaluating the pharmacokinetics and early signs of efficacy of IBIO-610 in obese and elderly NHPs, including its impact on fat and body composition, receiving initial data from the NHP study by early Q4, presenting additional positive preclinical data at the American Diabetes Association’s 85th Scientific Sessions on June 20-23 in Chicago, the ability of IBIO-610 to drive fat-selective weight loss and support long-term weight maintenance, accelerating the path toward clinical development and advancing novel, AI-guided antibody therapeutics for serious cardiometabolic conditions like obesity. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the ability of IBIO-610 to drive fat-selective weight loss and support long-term weight maintenance; iBio’s ability to complete the preclinical study of IBIO-610 on time and achieve desired results and benefits as expected; iBio’s ability to obtain regulatory approvals for commercialization of its product candidates, or to comply with ongoing regulatory requirements; regulatory limitations relating to iBio’s ability to promote or commercialize its product candidates for specific indications; acceptance of iBio’s product candidates in the marketplace and the successful development, marketing or sale of products; and whether iBio will incur unforeseen expenses or liabilities or other market factors; and the other factors discussed in iBio’s filings with the SEC including its Annual Report on Form 10-K for the year ended June 30, 2024 and its subsequent filings with the SEC on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and iBio undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Corporate Contact: 
    iBio, Inc. 
    Investor Relations 
    ir@ibioinc.com

    Media Contacts: 
    Ignacio Guerrero-Ros, Ph.D., or David Schull 
    Russo Partners, LLC 
    Ignacio.guerrero-ros@russopartnersllc.com 
    David.schull@russopartnersllc.com 
    (858) 717-2310 or (646) 942-5604

    The MIL Network

  • MIL-OSI: Nokia announces changes to Group Leadership Team

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    16 June 2025 at 14:00 EEST

    Nokia announces changes to Group Leadership Team

    • Federico Guillén to retire from Nokia on 31 December 2025. He will step down as President of the Network Infrastructure (NI) business group and as a member of the Group Leadership Team on 30 June 2025.
    • As part of a managed transition, David Heard, NI Chief Strategic Growth Officer, and former CEO of Infinera, is promoted to President of Network Infrastructure and joins the Group Leadership Team, effective 1 July 2025.
    • Victoria Hanrahan will join the Group Leadership Team as Chief of Staff to Nokia’s President and CEO, effective immediately.

    Espoo, Finland – Nokia today announced changes to its Group Leadership Team. Federico Guillén will retire from Nokia on 31 December 2025. He will step down from his role as President of Nokia’s Network Infrastructure business group and from the Group Leadership Team on 30 June 2025.

    As part of a managed transition, David Heard, currently NI Chief Strategic Growth Officer, and former CEO of Infinera, has been promoted to President of Network Infrastructure and will join the Group Leadership Team, effective 1 July 2025. David will report to Nokia’s President and CEO, Justin Hotard, and be based in Dallas. Federico and David will work together to ensure a seamless transition.

    Heard joined Nokia with the acquisition of Infinera in February 2025. He was previously CEO of Infinera and, prior to that held the role of Infinera’s Chief Operating Officer, responsible for leading the innovation of new solutions and the overall operational excellence of the company. Before joining Infinera, Heard held senior positions across various technology companies in the U.S. including JDSU, BigBand Networks, Somera Communications, Lucent and AT&T gaining comprehensive experience of the telecoms industry and demonstrating a strong growth mindset and a commitment to innovation leadership.

    “I want to thank Federico for his exceptional leadership and contribution to Nokia. As the first President of Network Infrastructure, he has been instrumental in building a high-performing and profitable business with a strong customer focus, helping to position the business for long-term growth. His leadership during major portfolio changes, including the divestment of the Submarine Networks business and acquisition of Infinera, has laid a solid foundation for the future. We’re grateful for his service and wish him the very best on his next chapter,” said Justin Hotard, President and CEO of Nokia.

    “I’m excited to welcome David to the Group Leadership Team as the new head of our Network Infrastructure business. David has a proven track record of scaling businesses and driving innovation, and he brings a deep expertise of hyperscalers and AI-optimized solutions to the business. I’m confident he is the right leader to take Network Infrastructure forward,” Hotard continued.

    In addition, Victoria Hanrahan will join Nokia’s Group Leadership Team as Chief of Staff to the President and CEO, effective immediately. She will focus on driving strategic and operational initiatives, including operational excellence, improving cross-functional execution and ensuring organizational alignment across the Global Leadership Team. Victoria will report to Nokia’s President and CEO and be based in Espoo.

    Additional background information on all current members of the Group Leadership Team can be found at: www.nokia.com/en_int/investors/corporate-governance/group-leadership-team.

    David Heard, CV
    Born: 1968
    Nationality: US national
    Education:
    Masters, Management Science (Sloan), Stanford University Graduate School of Business
    Master of Business Administration (MBA), University of Dayton
    BA, Production & Operations Mgt, The Ohio State University
    Experience:
    2025 (February-June) Chief Growth Officer at Network Infrastructure, Nokia
    2020–2025 Chief Executive Officer, Infinera
    2017–2020 Chief Operations Officer and various senior positions, Infinera
    2015–2016 Cloud Service Provider (Executive Consultant – External), Dell
    2010–2015 President – Network & Service (Software) Enablement, JDSU
    2007–2010 Chief Operating Officer, BigBand Networks
    2004–2006 President & CEO, Somera Communications (Jabil)
    2003–2004 President – Switching Systems, Tekelec (Oracle)
    2000–2003 President & CEO Santera Systems Inc (now Oracle)
    1996–2000 GM & VP Wireless – Various Positions, Alcatel-Lucent
    1990–1996 VP of Access, AT&T (Lucent Technologies)
    Additional positions:
    2017–2022 Member of the Board of Directors, Motion Intelligence
    2012–2019 Chairman of the Board, Telecommunications Industry Association
    2015–2018 Board Director, Milestone Sports
    2006–2017 Member of the Board of Directors – Co-founder, Zyvex Performance Materials
    2002–2004 Member of the Board of Directors, Spatial Wireless (Alcatel Lucent)

    Victoria Hanharan, CV
    Born: 1988
    Nationality: US national
    Education:
    Bachelor of Business Administration (BBA), Marketing, Texas A&M University
    Master of Business Administration (MBA), University of Houston
    Experience:
    2015–2024 Hewlett Packard Enterprise (HPE)

    • Vice President, Global Marketing – High Performance Compute & Artificial Intelligence (2023–2024)
    • Director, Chief of Staff – HPC & AI Business Unit (2021–2023)
    • Manager, Marketing Strategy (2019–2021)
    • Sr. Product Marketing Manager (2015–2019)

    2010–2015 St. Jude Medical

    • Product Marketing Manager, Neuromodulation Division (2013–2015)
    • Marketing Communications Coordinator (2010–2013)

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. 

    Media inquiries
    Nokia Communications
    Maria Vaismaa, Global Head of External Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com

    Nokia Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com

    The MIL Network

  • MIL-OSI: Nokia announces changes to Group Leadership Team

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    16 June 2025 at 14:00 EEST

    Nokia announces changes to Group Leadership Team

    • Federico Guillén to retire from Nokia on 31 December 2025. He will step down as President of the Network Infrastructure (NI) business group and as a member of the Group Leadership Team on 30 June 2025.
    • As part of a managed transition, David Heard, NI Chief Strategic Growth Officer, and former CEO of Infinera, is promoted to President of Network Infrastructure and joins the Group Leadership Team, effective 1 July 2025.
    • Victoria Hanrahan will join the Group Leadership Team as Chief of Staff to Nokia’s President and CEO, effective immediately.

    Espoo, Finland – Nokia today announced changes to its Group Leadership Team. Federico Guillén will retire from Nokia on 31 December 2025. He will step down from his role as President of Nokia’s Network Infrastructure business group and from the Group Leadership Team on 30 June 2025.

    As part of a managed transition, David Heard, currently NI Chief Strategic Growth Officer, and former CEO of Infinera, has been promoted to President of Network Infrastructure and will join the Group Leadership Team, effective 1 July 2025. David will report to Nokia’s President and CEO, Justin Hotard, and be based in Dallas. Federico and David will work together to ensure a seamless transition.

    Heard joined Nokia with the acquisition of Infinera in February 2025. He was previously CEO of Infinera and, prior to that held the role of Infinera’s Chief Operating Officer, responsible for leading the innovation of new solutions and the overall operational excellence of the company. Before joining Infinera, Heard held senior positions across various technology companies in the U.S. including JDSU, BigBand Networks, Somera Communications, Lucent and AT&T gaining comprehensive experience of the telecoms industry and demonstrating a strong growth mindset and a commitment to innovation leadership.

    “I want to thank Federico for his exceptional leadership and contribution to Nokia. As the first President of Network Infrastructure, he has been instrumental in building a high-performing and profitable business with a strong customer focus, helping to position the business for long-term growth. His leadership during major portfolio changes, including the divestment of the Submarine Networks business and acquisition of Infinera, has laid a solid foundation for the future. We’re grateful for his service and wish him the very best on his next chapter,” said Justin Hotard, President and CEO of Nokia.

    “I’m excited to welcome David to the Group Leadership Team as the new head of our Network Infrastructure business. David has a proven track record of scaling businesses and driving innovation, and he brings a deep expertise of hyperscalers and AI-optimized solutions to the business. I’m confident he is the right leader to take Network Infrastructure forward,” Hotard continued.

    In addition, Victoria Hanrahan will join Nokia’s Group Leadership Team as Chief of Staff to the President and CEO, effective immediately. She will focus on driving strategic and operational initiatives, including operational excellence, improving cross-functional execution and ensuring organizational alignment across the Global Leadership Team. Victoria will report to Nokia’s President and CEO and be based in Espoo.

    Additional background information on all current members of the Group Leadership Team can be found at: www.nokia.com/en_int/investors/corporate-governance/group-leadership-team.

    David Heard, CV
    Born: 1968
    Nationality: US national
    Education:
    Masters, Management Science (Sloan), Stanford University Graduate School of Business
    Master of Business Administration (MBA), University of Dayton
    BA, Production & Operations Mgt, The Ohio State University
    Experience:
    2025 (February-June) Chief Growth Officer at Network Infrastructure, Nokia
    2020–2025 Chief Executive Officer, Infinera
    2017–2020 Chief Operations Officer and various senior positions, Infinera
    2015–2016 Cloud Service Provider (Executive Consultant – External), Dell
    2010–2015 President – Network & Service (Software) Enablement, JDSU
    2007–2010 Chief Operating Officer, BigBand Networks
    2004–2006 President & CEO, Somera Communications (Jabil)
    2003–2004 President – Switching Systems, Tekelec (Oracle)
    2000–2003 President & CEO Santera Systems Inc (now Oracle)
    1996–2000 GM & VP Wireless – Various Positions, Alcatel-Lucent
    1990–1996 VP of Access, AT&T (Lucent Technologies)
    Additional positions:
    2017–2022 Member of the Board of Directors, Motion Intelligence
    2012–2019 Chairman of the Board, Telecommunications Industry Association
    2015–2018 Board Director, Milestone Sports
    2006–2017 Member of the Board of Directors – Co-founder, Zyvex Performance Materials
    2002–2004 Member of the Board of Directors, Spatial Wireless (Alcatel Lucent)

    Victoria Hanharan, CV
    Born: 1988
    Nationality: US national
    Education:
    Bachelor of Business Administration (BBA), Marketing, Texas A&M University
    Master of Business Administration (MBA), University of Houston
    Experience:
    2015–2024 Hewlett Packard Enterprise (HPE)

    • Vice President, Global Marketing – High Performance Compute & Artificial Intelligence (2023–2024)
    • Director, Chief of Staff – HPC & AI Business Unit (2021–2023)
    • Manager, Marketing Strategy (2019–2021)
    • Sr. Product Marketing Manager (2015–2019)

    2010–2015 St. Jude Medical

    • Product Marketing Manager, Neuromodulation Division (2013–2015)
    • Marketing Communications Coordinator (2010–2013)

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. 

    Media inquiries
    Nokia Communications
    Maria Vaismaa, Global Head of External Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com

    Nokia Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com

    The MIL Network

  • MIL-OSI: RYVYL Appoints Industry Veteran Brett Moyer to Its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, CA, June 16, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging electronic payment technology, has appointed industry veteran Brett Moyer as an independent member of its board of directors, effective immediately.

    “I’m delighted to welcome Brett Moyer to our board,” said RYVYL Co-founder and Chairman Ben Errez. “Brett’s experience in building companies and proven expertise in scaling and licensing technology platforms will be instrumental as we focus on our next phase of growth opportunities. We look forward to his insights and leadership as we continue advancing our technology and expanding into new markets.”

    Moyer said, “I’m excited to join the RYVYL board during this transitional phase in the company’s history. I look forward to collaborating with my fellow directors and the management team to help shape strategy and support execution as the company pursues multiple growth opportunities in a dynamic industry, including pursuing a legacy vertical market in North America and expanding its blockchain applications and crypto capabilities.”

    Brett Moyer is currently chief financial officer of Datavault AI, a leader in AI-driven data experience, valuation and monetization. He was founding member of WiSA Technologies and served as president, CEO, and director from August 2010 until December 2024, when the company acquired Data Vault Holdings’ assets and expanded its operations as Datavault AI. Previously, he was president and CEO of Focus Enhancements and held leadership roles at Zenith Electronics earlier in his career. Mr. Moyer has served on the boards of Alliant International University since 2016 and previously for HotChalk, Inc. and NeoMagic Corporation. He holds a BA in Economics from Beloit College and an MBA from Thunderbird School of Global Management.

    On June 10, 2025, David Montoya resigned from his position on the board of directors. The total number of directors remains at five.

    About RYVYL

    RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

    Cautionary Note Regarding Forward-Looking Statements

    This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

    By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company’s filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

    IR Contact:
    David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

    The MIL Network

  • MIL-OSI: RYVYL Appoints Industry Veteran Brett Moyer to Its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, CA, June 16, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging electronic payment technology, has appointed industry veteran Brett Moyer as an independent member of its board of directors, effective immediately.

    “I’m delighted to welcome Brett Moyer to our board,” said RYVYL Co-founder and Chairman Ben Errez. “Brett’s experience in building companies and proven expertise in scaling and licensing technology platforms will be instrumental as we focus on our next phase of growth opportunities. We look forward to his insights and leadership as we continue advancing our technology and expanding into new markets.”

    Moyer said, “I’m excited to join the RYVYL board during this transitional phase in the company’s history. I look forward to collaborating with my fellow directors and the management team to help shape strategy and support execution as the company pursues multiple growth opportunities in a dynamic industry, including pursuing a legacy vertical market in North America and expanding its blockchain applications and crypto capabilities.”

    Brett Moyer is currently chief financial officer of Datavault AI, a leader in AI-driven data experience, valuation and monetization. He was founding member of WiSA Technologies and served as president, CEO, and director from August 2010 until December 2024, when the company acquired Data Vault Holdings’ assets and expanded its operations as Datavault AI. Previously, he was president and CEO of Focus Enhancements and held leadership roles at Zenith Electronics earlier in his career. Mr. Moyer has served on the boards of Alliant International University since 2016 and previously for HotChalk, Inc. and NeoMagic Corporation. He holds a BA in Economics from Beloit College and an MBA from Thunderbird School of Global Management.

    On June 10, 2025, David Montoya resigned from his position on the board of directors. The total number of directors remains at five.

    About RYVYL

    RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

    Cautionary Note Regarding Forward-Looking Statements

    This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

    By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company’s filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

    IR Contact:
    David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

    The MIL Network

  • Seeking unity, G7 meets amid escalating Ukraine, Middle East conflicts

    Source: Government of India

    Source: Government of India (4)

    Leaders from the Group of Seven nations begin annual talks on Monday amid wars in Ukraine and the Middle East that add to global economic uncertainty, as host Canada tries to avoid a clash with U.S. President Donald Trump.

    The G7 leaders from Britain, Canada, France, Germany, Italy, Japan and the U.S., along with the European Union, are convening in the resort of Kananaskis in the Canadian Rockies until Tuesday.

    But beyond the serene and picturesque mountain setting, they confront challenges. The first five months of Trump’s second term upended foreign policy on Ukraine, raised anxiety over his closer ties to Russia and resulted in tariffs on U.S. allies.

    With an escalating Israel-Iran conflict, which is spiking global oil prices, the summit in Canada is seen as a vital moment to try and restore a semblance of unity between democratic powerhouses.

    “The most important goal will be for the world’s seven largest industrial nations to reach agreement and take action,” German Chancellor Friedrich Merz said before attending his first G7.

    That will not be easy. After years of consensus, the traditional allies have scrambled to keep Trump engaged and maintain unity.

    Canada has abandoned any effort to adopt an all-encompassing comprehensive communique to avert a repeat of a 2018 summit in Quebec, when Trump instructed the U.S. delegation to withdraw its approval of the final communique after leaving.

    Instead, Ottawa has sought to get consensus for a chair’s statement that summarizes the key discussions and six other pre-negotiated declarations on issues such as migration, artificial intelligence and forest fires.

    Talks on Monday will centre around the economy, advancing trade deals, and China.

    Efforts to reach an agreement to lower the G7 price cap on Russian oil even if Trump decided to opt out have been complicated by the surge in oil prices since Israel launched strikes on Iran on June 12, two diplomatic sources said.

    The escalation between the two regional foes is on the agenda, with diplomatic sources saying they hope to achieve at least a joint statement to urge restraint and a return to diplomacy.

    “We are united. Nobody wants to see Iran get a nuclear weapon and everyone wants discussions and negotiations to restart,” France’s President Emmanuel Macron told reporters in Greenland on Sunday before travelling to Canada.

    He added that given Israel’s dependence on U.S. weapons and munitions, Washington had the capacity to restart negotiations.

    Trump said on Sunday many calls and meetings were taking place to broker peace.

    RUSSIAN ELEPHANT IN THE ROOM

    Highlighting the unease among some of Washington’s allies, Trump spoke on Saturday with Russian President Vladimir Putin and suggested the Russian leader could play a mediation role.

    Macron dismissed the idea, arguing that Moscow could not be a negotiator because it had started an illegal war against Ukraine.

    A European diplomat said Trump’s suggestion showed that Russia, despite being kicked out of the group in 2014 after annexing Crimea, was very much on U.S. minds.

    “In the eyes of the U.S., there’s no condemnation for Ukraine; no peace without Russia; and now even credit for its mediation role with Iran. For Europeans, this will be a really tough G7,” the diplomat said.

    Ukraine’s President Volodymyr Zelenskiy and NATO Secretary General Mark Rutte will attend the summit on Tuesday. European officials said they hoped to use the meeting, and next week’s NATO summit, to convince Trump to toughen his stance on Putin.

    “The G7 should have the objective for us to converge again, for Ukraine to get a ceasefire to lead to a robust and lasting peace, and in my view it’s a question of seeing whether President Trump is ready to put forward much tougher sanctions on Russia,” Macron said.

    (Reuters)

  • Seeking unity, G7 meets amid escalating Ukraine, Middle East conflicts

    Source: Government of India

    Source: Government of India (4)

    Leaders from the Group of Seven nations begin annual talks on Monday amid wars in Ukraine and the Middle East that add to global economic uncertainty, as host Canada tries to avoid a clash with U.S. President Donald Trump.

    The G7 leaders from Britain, Canada, France, Germany, Italy, Japan and the U.S., along with the European Union, are convening in the resort of Kananaskis in the Canadian Rockies until Tuesday.

    But beyond the serene and picturesque mountain setting, they confront challenges. The first five months of Trump’s second term upended foreign policy on Ukraine, raised anxiety over his closer ties to Russia and resulted in tariffs on U.S. allies.

    With an escalating Israel-Iran conflict, which is spiking global oil prices, the summit in Canada is seen as a vital moment to try and restore a semblance of unity between democratic powerhouses.

    “The most important goal will be for the world’s seven largest industrial nations to reach agreement and take action,” German Chancellor Friedrich Merz said before attending his first G7.

    That will not be easy. After years of consensus, the traditional allies have scrambled to keep Trump engaged and maintain unity.

    Canada has abandoned any effort to adopt an all-encompassing comprehensive communique to avert a repeat of a 2018 summit in Quebec, when Trump instructed the U.S. delegation to withdraw its approval of the final communique after leaving.

    Instead, Ottawa has sought to get consensus for a chair’s statement that summarizes the key discussions and six other pre-negotiated declarations on issues such as migration, artificial intelligence and forest fires.

    Talks on Monday will centre around the economy, advancing trade deals, and China.

    Efforts to reach an agreement to lower the G7 price cap on Russian oil even if Trump decided to opt out have been complicated by the surge in oil prices since Israel launched strikes on Iran on June 12, two diplomatic sources said.

    The escalation between the two regional foes is on the agenda, with diplomatic sources saying they hope to achieve at least a joint statement to urge restraint and a return to diplomacy.

    “We are united. Nobody wants to see Iran get a nuclear weapon and everyone wants discussions and negotiations to restart,” France’s President Emmanuel Macron told reporters in Greenland on Sunday before travelling to Canada.

    He added that given Israel’s dependence on U.S. weapons and munitions, Washington had the capacity to restart negotiations.

    Trump said on Sunday many calls and meetings were taking place to broker peace.

    RUSSIAN ELEPHANT IN THE ROOM

    Highlighting the unease among some of Washington’s allies, Trump spoke on Saturday with Russian President Vladimir Putin and suggested the Russian leader could play a mediation role.

    Macron dismissed the idea, arguing that Moscow could not be a negotiator because it had started an illegal war against Ukraine.

    A European diplomat said Trump’s suggestion showed that Russia, despite being kicked out of the group in 2014 after annexing Crimea, was very much on U.S. minds.

    “In the eyes of the U.S., there’s no condemnation for Ukraine; no peace without Russia; and now even credit for its mediation role with Iran. For Europeans, this will be a really tough G7,” the diplomat said.

    Ukraine’s President Volodymyr Zelenskiy and NATO Secretary General Mark Rutte will attend the summit on Tuesday. European officials said they hoped to use the meeting, and next week’s NATO summit, to convince Trump to toughen his stance on Putin.

    “The G7 should have the objective for us to converge again, for Ukraine to get a ceasefire to lead to a robust and lasting peace, and in my view it’s a question of seeing whether President Trump is ready to put forward much tougher sanctions on Russia,” Macron said.

    (Reuters)

  • Prime Minister Modi holds bilateral talks with Cyprus President Christodoulides in Nicosia

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Monday held comprehensive bilateral discussions with the President of the Republic of Cyprus, Nikos Christodoulides, during his official visit to the Mediterranean nation. The talks were held at the Presidential Palace in Nicosia, where Prime Minister Modi was received with ceremonial honours.

    During the talks, Prime Minister Modi conveyed his appreciation for Cyprus’s unequivocal condemnation of the terrorist attack in Pahalgam in April 2025. “India deeply values Cyprus’s solidarity and its consistent support in our fight against terrorism,” the Prime Minister said, adding that “our shared commitment to combating terrorism binds us further.”

    The two leaders reaffirmed their support for the sovereignty and territorial integrity of both nations. Prime Minister Modi reiterated India’s longstanding support for the unity of Cyprus and called for a peaceful resolution of the Cyprus issue in accordance with United Nations Security Council resolutions, international law, and the European Union Acquis.

    Both sides reviewed the entire spectrum of bilateral cooperation, including trade and investment, scientific research, cultural engagement, and people-to-people ties. They explored new areas of collaboration in fintech, digitalization, defence, AI, innovation, start-ups, and mobility.

    The leaders agreed to chart a five-year roadmap to deepen engagement in strategic sectors and to establish new dialogues on maritime and cyber security. “We are committed to working together on real-time intelligence sharing to counter terrorism, arms trafficking, and narcotics trade,” Prime Minister Modi said following the discussions.

    Looking ahead to Cyprus’s upcoming Presidency of the Council of the European Union in early 2026, the two leaders expressed their readiness to further strengthen the India-EU partnership. They discussed the progress of the first India-EU Strategic Dialogue and the work under way through the India-EU Trade and Technology Council. Both sides reaffirmed their support for concluding the long-pending EU–India Free Trade Agreement by the end of 2025.

    Cyprus assured its commitment to prioritising the EU–India strategic partnership during its presidency, particularly in areas such as defence and security, green and clean energy, maritime cooperation, and space.

    The two sides welcomed the Bilateral Defence Cooperation Programme signed earlier in January this year, which is expected to further cement the defence partnership. The establishment of the India-Greece-Cyprus (IGC) Business and Investment Council was also noted as a key step in enhancing trilateral cooperation.

    The leaders discussed the importance of improving air connectivity to facilitate business, tourism, and knowledge exchange. Prime Minister Modi also underscored the strategic relevance of the India-Middle East-Europe Economic Corridor (IMEC), stating that the project would bring long-term peace and prosperity to the region.

    On multilateral cooperation, both countries reaffirmed their commitment to global governance reforms. Prime Minister Modi thanked President Christodoulides for reiterating Cyprus’s support for India’s permanent membership in a reformed United Nations Security Council. “India believes the global order must evolve to reflect the realities of the 21st century,” he said.

    The two leaders also exchanged views on pressing international issues, including conflicts in West Asia and Europe. As part of the cultural cooperation between the two countries, an MoU was signed to establish an India Studies Chair under the Indian Council for Cultural Relations (ICCR) at the University of Nicosia.

  • MIL-OSI United Nations: Committee on the Elimination of Discrimination against Women Opens Ninety-First Session in Geneva

    Source: United Nations – Geneva

    The Committee on the Elimination of Discrimination against Women this morning opened its ninety-first session, hearing a statement from a representative of the Secretary-General and adopting its agenda and programme of work for the session.  During the session, the Committee will review the reports of Afghanistan, Botswana, Chad, Ireland, Mexico, San Marino and Thailand, and adopt concluding observations on the reports of Fiji, Solomon Islands and Tuvalu, which it reviewed during a technical cooperation session held in Fiji in April.

    Andrea Ori, Chief of the Groups in Focus Section, Human Rights Council and Treaty Mechanisms Division, Office of the High Commissioner for Human Rights, and Representative of the Secretary-General, said he was pleased to announce the opening of the session, after the Office of the High Commissioner for Human Rights was able to confirm it only last month due to the ongoing liquidity crisis affecting the United Nations.

    Mr. Ori said this year marked the twenty-fifth anniversary of Security Council resolution 1325 of 31 October 2000, a landmark document that recognised the disproportionate impact of conflicts on women and girls and the crucial role of women in conflict prevention, conflict management and sustainable peace efforts.

    Noting with concern that some 120 conflicts were currently affecting civilians and communities worldwide, and that women and girls were primarily targeted by gender-based violence as a tactic of war, Mr. Ori commended the Committee on its work to update general recommendation 30, which provided authoritative guidance to States parties on concrete measures to ensure that women’s rights were protected before, during and after conflict.

    Mr. Ori also announced with regret that the global funding crisis was affecting the Committee’s work directly. Due to the lack of funding, the Office of the High Commissioner was planning and operating under the assumption that no Committee would have a third session.

    He concluded by thanking the Committee for its unwavering commitment and dedication to advancing women’s rights and wished it a successful and productive session.

    Nahla Haidar, Committee Chairperson, said that the Committee was meeting in one of the most challenging times for the multilateral system, amidst devastating conflicts, a weakening of the rule of law, and scarce resources.  Human rights mechanisms needed to be protected more than ever for the benefit of all stakeholders.

    During the meeting, the Chair and Committee Experts discussed the activities they had undertaken since the last session.  Bandana Rana, on behalf of Brenda Akia, Committee Rapporteur and Chairperson of the Pre-Sessional Working Group, and Jelena Pia-Comella, Committee Rapporteur on follow-up to concluding observations, also briefed the Committee on their work.

    The Committee’s ninety-first session is being held from 16 June to 4 July.  All documents relating to the Committee’s work, including reports submitted by States parties, can be found on the session’s webpage.  Meeting summary releases can be found here.  The webcast of the Committee’s public meetings can be accessed via the UN Web TV webpage

    The Committee will next meet at 3 p.m. this today, Monday, 16 June, with the representatives of national human rights institutions and non-governmental organizations of Mexico, Thailand and Ireland, whose reports will be reviewed this week. 

    Opening Statement

    ANDREA ORI, Chief of the Groups in Focus Section, Human Rights Council and Treaty Mechanisms Division, Office of the High Commissioner for Human Rights, and Representative of the Secretary-General, said he was pleased to announce the opening of the session, after the Office of the High Commissioner for Human Rights was able to confirm it only last month due to the ongoing liquidity crisis affecting the United Nations.  The Committee’s pre-sessional working group, scheduled to be held after this session, and the sessions of both Optional Protocol Working Groups directly preceding this session were cancelled due to lack of funding.

    This year marked the twenty-fifth anniversary of Security Council resolution 1325 of 31 October 2000, a landmark document that recognised the disproportionate impact of conflicts on women and girls and the crucial role of women in conflict prevention, conflict management and sustainable peace efforts, reflecting international human rights norms.

    Some 120 conflicts were affecting civilians and communities worldwide, and women and girls were primarily targeted by gender-based violence, in particular sexual violence, as a tactic of war to humiliate, dominate, instil fear in, and displace communities.  Situations of insecurity, organised violence and armed conflicts exacerbated pre-existing gender inequalities and placed women and girls at an increased risk of gender-based violence.  Mr. Ori commended the Committee on its work to update general recommendation 30 on women in conflict prevention, conflict and post-conflict situations, which provided authoritative guidance to States parties on concrete measures to ensure that women’s rights were protected before, during and after conflict, and highlighted the importance of women’s meaningful participation in conflict prevention, resolution and peacebuilding.

    Mr. Ori welcomed that the Committee’s Chair would participate in the first panel of the 2025 annual full-day discussion on the human rights of women at the fifty-ninth session of the Human Rights Council, to be held on 24 June 2025 under the theme “Gender-based violence against women and girls in conflict, post-conflict and humanitarian settings”.  The second panel of the Council’s annual full-day discussion would focus on the theme “Commemoration of the International Day of Women in Diplomacy focusing on overcoming barriers to women’s leadership in peace processes”.  

    Mr. Ori said the global funding crisis was affecting the Committee’s work directly.  It was highly likely that, for those treaty bodies with three annual sessions, the Office of the High Commissioner would not be able to secure the funding to hold their third session.  The Office was therefore planning and operating under the assumption that no Committee would have a third session. The Office had received only 73 per cent of its approved regular budget in 2025, and 87 per cent of its approved regular budget in 2024. 

    The United Nations Office at Geneva’s conference services had also adopted cash conservation measures, which would impact the conference support provided to the United Nations human rights treaty bodies, with an overall reduction of 10 per cent.  With further reduction of the allotment, the mandated activities of treaty bodies would be even more affected in 2025 than in 2024. This would impact the treaty bodies’ ability to hold dialogues with States parties and to take decisions on individual communications, resulting in further delays and backlogs, and the Office was obliged to significantly reduce treaty body capacity building activities. 

    All this caused real damage to predictability, which was so important for States, civil society organizations and rights-holders to engage with treaty bodies.  Given the overall reduction in funds and availability of support services, “business as usual” was no longer possible and the treaty bodies needed to plan on “doing less with less”.

    The thirty-seventh annual meeting of Chairpersons of human rights treaty bodies was able to meet in Geneva from 2 to 6 June.  The Chairs dedicated the meeting to the liquidity crisis, which was affecting the very existence of treaty bodies, and to discussing what could be done to increase predictability under the current financial and human constraints. 

    Mr. Ori said he was aware that the Committee had a heavy programme ahead for the next three weeks, including constructive dialogues with eight States parties, the consideration of several individual communications, and the adoption of an addendum to general recommendation 30 on women in conflict prevention, conflict and post-conflict situations.  He concluded by thanking the Committee for its unwavering commitment and dedication to advancing women’s rights and wished it a successful and productive session.

    Questions by Committee Experts

    A Committee Expert said that more than 123 million people were currently displaced worldwide due to conflict situations, the majority of whom were women and children.  What could be the role of the United Nations in the future if it could not prevent these conflicts?

    Another Committee Expert asked why tens of countries were not providing the funds they had promised to provide. Was the United Nations considering reassessing its priorities to ensure that the Committee could hold three sessions each year?

    A Committee Expert said that the members of the Committee did not take the current situation lightly.  It was a grand shame and a disgust.  How could Member States let this happen?

    A Committee Expert said that reducing the activities of the treaty bodies would further silence them at this important moment.  Human rights systems needed to be reenforced, and this required resourcing.  How could this silencing be prevented?

    NAHLA HAIDAR, Committee Chairperson, said that it was unacceptable that the work of the treaty bodies was becoming less and less visible.  The Committee hoped that something would happen that would allow it to hold its third session in September.

    Responses by the Representative of the Secretary-General

    ANDREA ORI, Chief of the Groups in Focus Section, Human Rights Treaties Branch, Office of the High Commissioner for Human Rights, and Representative of the Secretary-General, said the Office of the High Commissioner shared the Committee’s concerns. This was a turning point in multilateralism and in international law.  There were more than 120 conflicts in the world, the primary victims of which were women and children.  Authoritarian regimes were taking advantage of and working to weaken the multilateral system.

    Some 40 per cent of the United Nations’ regular budget depended on two States.  If one of those States decided not to pay its dues, that shook the entire Organization.  This was a major factor in the instability of the United Nations system.  The Secretary-General was working to reform the system through the “UN80” initiative, looking for solutions that kept it functioning with limited resources.

    The UN80 initiative was focused on reform.  This was an opportunity to reform the whole system rationally, to allow it to meet the challenges of today.  As part of the initiative, the Office of the High Commissioner for Human Rights was merging and regionalising its functions.  The Office was thinking optimistically but planning for the worst. It needed to be proactive rather than reactive and consider alternatives to stabilise the human rights system. The Committee also needed to consider alternative ways of carrying out its activities and reviewing States parties. Together, the Office and the Committee could find solutions for the challenges they faced by taking proactive decisions.

    Statements by Committee Experts

    NAHLA HAIDAR, Committee Chairperson, said that the Committee had taken decisions to increase the production of lists of issues prior to reporting.  The United Nations system needed to not be reactive, and UN80 needed to implement thoughtful rather than patchwork reforms.

    The Committee was meeting in one of the most challenging times for the multilateral system, amidst devastating conflicts, a weakening of the rule of law, and scarce resources.  Human rights mechanisms needed to be protected more than ever for the benefit of all stakeholders.

    Since the last session, the number of States parties that had ratified the Convention had remained at 189.  On 15 May 2025, San Marino accepted the amendment to article 20, paragraph one of the Convention concerning the Committee’s meeting time, bringing the total number of States parties having accepted the amendment to 82.  A total of 126 States parties to the Convention were currently required to accept the amendment for it to enter into force.  The number of States parties that had ratified the Optional Protocol remained at 115, but Estonia was in the process of ratification.

    Ms. Haidar said she was pleased to inform that since the last session, Afghanistan, Australia, Cyprus and Guinea-Bissau had submitted their periodic reports to the Committee.  The interim government of Syria had decided to withdraw the combined third and fourth periodic reports that had been submitted by the previous regime and submit a new report under the traditional reporting procedure.  The total number of States parties that had opted out from the simplified reporting procedure since the 2022 decision to make the simplified reporting procedure the default procedure remained at 13. 

    The Committee adopted its agenda and programme of work for the session, and Ms. Haidar and Committee Experts discussed the activities they had undertaken since the last session. 

    BANDANA RANA, on behalf of BRENDA AKIA, Committee Rapporteur and Chair of the Pre-Sessional Working Group, introduced the report of the pre-sessional Working Group for the ninety-first session, which met from 28 October to 1 November 2024 in Geneva.

    The Working Group prepared lists of issues and questions in relation to the reports of Botswana, Cabo Verde, Czech Republic, El Salvador and Lesotho, in addition to lists of issues and questions prior to the submission of the reports of Equatorial Guinea, Libya and Malta under the simplified reporting procedure.  The pre-sessional Working Group had the reports of these States parties, except for those of Equatorial Guinea, Libya and Malta, to be submitted in response to the respective lists of issues prior to reporting.  It further had before it the general recommendations adopted by the Committee; draft lists of issues and questions and lists of issues prior to reporting prepared by the Secretariat; and other pertinent information, including concluding observations of the Committee and other treaty bodies.  In preparing the lists, the Working Group paid particular attention to the States parties’ follow-up to the concluding observations of the Committee on their previous reports.  The Working Group benefited from written and oral information submitted by entities of the United Nations system and non-governmental organizations, as well as by national human rights institutions.  The lists of issues and questions and lists of issues prior to reporting adopted by the Working Group were transmitted to the States parties concerned.

    NAHLA HAIDAR, Committee Chairperson, said that, in light of the backlog of State party reports pending consideration by the Committee accumulated during the COVID-19 pandemic, the Committee had decided to postpone the consideration of the States parties referred to in the report of the pre-sessional Working Group to future sessions, with the exception of Botswana.  The Committee instead decided to, during the present session, consider the reports of Afghanistan, Botswana, Chad, Ireland, Mexico, San Marino and Thailand, and adopt concluding observations on Fiji, Solomon Islands and Tuvalu, following country exchanges held during the Pacific technical cooperation session in Suva, Fiji from 7 to 11 April 2025.

    JELENA PIA-COMELLA, Committee Rapporteur on follow-up to concluding observations, briefed the Committee on the status of the follow-up reports received in response to the Committee’s concluding observations.  She said that at the end of the Committee’s ninetieth session, follow-up letters outlining the outcomes of assessments of follow-up reports were sent to Belgium, Gambia, Portugal, Sweden and Switzerland.  Reminders were sent to Honduras, Saint Kitts and Nevis, and Ukraine, as their follow-up reports were scheduled for consideration at the ninetieth session but had not been received.  Ukraine’s report had since been received and would be scheduled for assessment by the Committee at its ninety-second session in October 2025.

    For the present session, the Committee would consider follow-up reports from Finland and Georgia, both received on time; Bahrain and Norway, received with a one-month delay; Armenia, with more than two months’ delay; and Mongolia, Namibia and the United Arab Emirates with more than five months’ delay.  Reminders regarding the submission of follow-up reports would be sent to Costa Rica, Hungary and Mauritania.

    ___________

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

    CEDAW25.011E

    MIL OSI United Nations News

  • MIL-OSI USA: Office of the Governor – News Release – Acting Governor Luke Issues Emergency Proclamation Relating to Wildfires

    Source: US State of Hawaii

    Office of the Governor – News Release – Acting Governor Luke Issues Emergency Proclamation Relating to Wildfires

    Posted on Jun 15, 2025 in Latest Department News, Newsroom, Office of the Governor Press Releases

    STATE OF HAWAIʻI
    KA MOKU ʻĀINA O HAWAIʻI

     
    JOSH GREEN, M.D.
    GOVERNOR
    KE KIAʻĀINA

     
    SYLVIA LUKE
    LIEUTENANT GOVERNOR
    KE KEʻENA O KA HOPE KIAʻĀINA

    EMERGENCY PROCLAMATION ISSUED RELATING TO WILDFIRES
     

    FOR IMMEDIATE RELEASE
    June 15, 2025

    HONOLULU — Lieutenant Governor Sylvia Luke, serving as acting governor, signed an Emergency Proclamation (EP) today at 6:08 p.m. in response to a brush fire fueled by strong winds around 9:54 a.m. on June 15 near mile markers 24 and 25 on Maui, in the Kahikinui area.

    This 23rd proclamation is a supplement to the Emergency Proclamation issued on August 8, 2023, relating to wildfires in Lahaina, Kula and Kohala.

    This proclamation authorizes the Adjutant General to activate the Hawai‘i National Guard to deploy state resources as needed to aid in fire suppression and protect public health and safety, property and natural resources.

    It also suspends laws that might impede or delay the execution of emergency functions.

    A copy of the executed EP is linked here and is posted on the Emergency Proclamations page on Governor Green’s website.

    # # #

    Media Contacts:  
    Erika Engle
    Press Secretary
    Office of the Governor, State of Hawai‘i
    Office: 808-586-0120
    Email: [email protected] 

    Makana McClellan
    Director of Communications
    Office of the Governor, State of Hawaiʻi
    Cell: 808-265-0083
    Email: [email protected]

    Shari Nishijima
    Communications Director
    Office of the Lieutenant Governor, State of Hawai‘i
    Cell: 808-978-0867
    Email: [email protected]

    MIL OSI USA News

  • MIL-OSI Economics: Thales’ FlytOptim selected by Corsair to cut CO₂ emissions and advance sustainable aviation

    Source: Thales Group

    Headline: Thales’ FlytOptim selected by Corsair to cut CO₂ emissions and advance sustainable aviation

    • Airline company Corsair has selected Thales’ flight optimization solution, FlytOptim, across all of its flights, which serve Africa, the West Indies, and the Indian Ocean (5000+ per year), to save thousands of tonnes of CO2 emissions per year.
    • Following trials, this solution has saved several hundred kilograms of fuel on each flight and helped avoid more than 300 tonnes of CO2 on Corsair flight routes to the West Indies and Africa.
    • With this solution, Thales, a key player in sustainable aviation, offers a systematic approach that can be quickly integrated by all airlines, seeking to reduce their environmental impact as of today.

    FlytOptim is an intuitive AI-powered solution that enables pilots to optimize their vertical flight trajectory using real-time weather and aircraft data, thus enabling them to reduce their fuel consumption by 2%.

    Harnessing AI to reduce emissions and advance sustainable aviation

    This innovation uses Thales’ trusted AI and advanced prediction algorithms of its Flight Management System (FMS), PureFlyt, to identify the optimal vertical flight path, based on real-time weather and aircraft data (such as mass and position). When an optimization is possible, the alternative vertical flight path is sent directly to the pilot in the cockpit using existing communication channels. Once approved by air traffic control (ATC), the pilot can update the flight plan accordingly.

    User-centric experience with no operational disruption

    Designed together with pilots, FlytOptim’s intuitive design and efficient user-experience has seen an unparalleled adoption rate: after only a few weeks trial at Corsair, 80% of the flights were using FlytOptim. FlytOptim can be deployed quickly and easily, with no need to modify the aircraft or the airline’s existing IT systems.

    A comprehensive range of more environmentally-friendly solutions

    This solution marks another step in Thales’ roadmap towards climate-efficient aviation, offering both CO2 and non-CO2 reduction tools for pilots, dispatchers, air traffic controllers and flow managers. FlytOptim will progressively integrate Thales’ other green operations innovations including its contrail avoidance solution and the dynamic management of Air Traffic Control constraints, thus supporting aviation industry customers in their journey towards more efficient operations.

    “The trial of FlytOptim was easy to implement, and its adoption by pilots went smoothly. The fuel savings achieved are clear and easily measurable. We are delighted to deploy this solution, which fully aligns with our environmental strategy and strengthens our commitment to a greener and more sustainable aviation. Corsair aims to be a leading player in decarbonisation, having completely renewed its fleet—which is one of the youngest in the world—and continues to work on various tools to reduce its environmental impact, such as FlytOptim.” Cyrille Digon, Director Flight Support and CSR, Corsair.

    “We are proud to announce our new customer for our FlytOptim solution. This milestone is fully aligned with Thales’ strategy to help transform the aerospace industry future through innovative technologies that support more sustainable and responsible aviation.” Yannick Assouad, Executive Vice-President, Avionics, Thales.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion.

    The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies.

    Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion.

    MIL OSI Economics

  • MIL-OSI Economics: Thales and KNDS France unveil RAPIDFire Land, a land-based variant of the 40 mm RAPIDFire Naval defence system

    Source: Thales Group

    Headline: Thales and KNDS France unveil
    RAPIDFire Land, a land-based variant of the 40 mm RAPIDFire Naval defence system

    • RAPIDFire is a remotely operated artillery system co-developed by Thales and KNDS France. The French defence procurement agency (DGA) has awarded a contract for the production of 48 of these systems, and the first two RAPIDFire systems ordered earlier are now operational on board France’s new-generation fleet replenishment tankers.
    • RAPIDFire can be installed on multiple platform types, and the land-based version will meet emerging operational requirements, in particular to protect sensitive sites from a wide range of threats including saturation attacks.
    • The Airburst munition, which represents the cutting edge of air defence capabilities, is reaching an important milestone.

    Full qualification of RAPIDFire system

    The French defence procurement agency (DGA) has already ordered 14 RAPIDFire systems to equip French Navy vessels. Two systems have been installed on board the fleet replenishment tanker (BRF) Jacques Chevallier, which has completed two long-duration deployments, including several live fire exercises, with France’s carrier strike group. Two others were recently installed on France’s second BRF tanker Jacques Stosskopf ahead of an upcoming long-duration deployment. A fifth system will soon equip a new French Navy offshore patrol vessel.

    The RAPIDFire system was qualified in early 2025 and can now be used with all existing 40CT munitions.

    As the first remotely operated 40 mm system to incorporate the 40CT cannon, RAPIDFire provides a close-in self-defence capability to protect platforms against modern air and surface threats. It features state-of-the-art optronics jointly designed by Thales and KNDS France, and the new 40 mm cased telescoped munition technology developed by CTAI, a subsidiary of KNDS France.

    This solution provides unmatched firepower, with a ready rack of up to 140 rounds, corresponding to dozens of target interceptions with no need to reload. The fire control system recalibrates its aim after every round fired to account for the target’s speed and direction of travel. RAPIDFire is designed to engage a broad range of threats – from ships to light aircraft, drones, loitering munitions and missiles – at ranges of up to 4 kilometres. Its 40 mm cannon is compatible with all telescoped munitions, including the A3B (Airburst) round, which is particularly effective against aerial threats.

    A multi-platform system for land and naval forces

    RAPIDFire’s underlying technology is versatile enough for the system to be adapted for various applications. A land-based version is now planned following discussions with the French Air and Space Force on the need to protect high-value assets at its air bases in France and during overseas deployments.

    KNDS France and Thales are developing the land version of RAPIDFire in two configurations:

    • Semi-mobile for site protection, with a 20-foot platform set up on the ground that can be readily moved and re-deployed to other locations.
    • Mobile, with the 20-foot platform mounted on a vehicle to protect high-value assets in the theatre of operations.

    A3B, the ideal munition for air defence

    Leveraging the proven airburst technology of the GPR-AB-T round, the Anti Aerial Airburst (A3B) munition delivers a payload of tungsten subprojectiles with a directional (frontal) terminal effect, providing enhanced effectiveness against various types of aerial targets: drones, helicopters, light aircraft, fighter jets, low-end subsonic missiles and RAM (rocket, artillery, mortar) threats.

    Development of the A3B munition is ongoing (currently at Technology Readiness Level 5), with full operational capability in anti-air mode expected in 2027. A contract modification was awarded in late 2024 for the development, production engineering, qualification and delivery of a first batch of 500 A3B munitions with the RAPIDFire system.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion.

    The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies.

    Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion.

    About KNDS

    KNDS is the result of a joint venture between Krauss-Maffei Wegmann (KMW) and Nexter, two of Europe’s leading manufacturers of military land systems, based in Germany and France.

    KNDS has around 10,000 employees, with sales of €3.8 billion in 2024, an orderbook of around €23.5 billion and order intake of €11.2 billion.

    Its product range includes tanks, armoured vehicles, artillery systems, weapon systems, ammunition, military bridges, information and command systems, training solutions, protection solutions and a wide range of equipment, as well as customer services.

    The creation of KNDS marks the beginning of the consolidation of the land defence systems industry in Europe. The strategic alliance between KMW and Nexter strengthens the competitiveness and international positioning of both groups, as well as their ability to meet the needs of their respective national armed forces. It also offers European and NATO customers the possibility of greater standardisation and interoperability for their defence equipment, with a reliable industrial base.

    KNDS is headquartered in Amsterdam.

    MIL OSI Economics

  • MIL-OSI Economics: Christine Lagarde: Interview with Xinhua News Agency

    Source: European Central Bank

    Interview with Christine Lagarde, President of the ECB, conducted by Su Liang on 12 June 2025

    14 June 2025

    I was in the audience in 2018 at the opening ceremony of the first China International Import Expo in Shanghai. You said in a speech there that China built a bridge to the world, built a bridge to prosperity and is building a bridge to the future – the three bridges, which is famous in China. Has anything changed in your mind – is China building new bridges?

    I haven’t been back to China for six years – that was my last visit, six years ago. From what I have seen so far, I can tell you that this bridge to the future is clearly an enterprise that China is working hard on. The combination of robotic artificial intelligence, hard work by the Chinese people and the strategic approach to it are contributing a lot to that bridge to the future. Development will occur fast on a threefold basis: robotic artificial intelligence, hard work and all of that focused on the industries of the future, which are going to change the Chinese economy even faster and better.

    How does the ECB see China’s role in the global economic recovery, especially amid this increasing fragmentation in global supply chains? What kind of dialogue or cooperation would you like to see between the ECB and Chinese financial institutions?

    The main cooperation and dialogue that we have at the ECB with China is with the People’s Bank of China (PBOC), because we are both central banks for a large region. We share some of the same concerns, some of the same challenges and we have a strong and deep dialogue on those issues. We are both very attached to the regulatory framework and supervision that will sustain financial stability. Our primary responsibility at the ECB is price stability, and this is clearly defined in our strategy. We are within reach of the 2% medium-term inflation target that we have defined as price stability. But we cannot have price stability if we do not have financial stability. And that’s the reason why we – and I think the PBOC is on the same page – are very attached to a solid regulatory environment and strong supervision so that our financial sector is stable and solid, because it is in the interest of the people that we serve.

    This year marks the 50th anniversary of the establishment of diplomatic relations between China and the European Union, the then European Economic Community. As President of the ECB and previously a politician in Europe, how do you see the cooperation between China and the EU over the past 50 years?

    The cooperation between the European Union and China has been beneficial to both sides. We have increased the level of trade between our two regions, and we have seen increased direct investment over the course of the last few decades.

    And what will that cooperation look like in the future?

    I very much hope, in the interest of financial stability and price stability, that China and the European Union will continue to cooperate, will continue their dialogue, will be candid with each other and will play by the rules that they both agree to. I’m thinking of the WTO rules, for instance, as rules that both regions have agreed to support and have signed up to. I think that determination for dialogue, cooperation and working on win-win solutions is something that will continue to be shared.

    You talked about stability and about the rules. Do you think what the United States government is doing now is kind of a risk to stability and the rules? They are raising tariffs and creating uncertainty in the world economy.

    I would focus on your last point. The level of uncertainty caused by the announcements or the threats of decisions is dampening investment. It is leading all institutions to reduce their growth projections for the global economy, for the United States, for China and for Europe. It’s really a lose-lose situation that we have at the moment. The sooner the uncertainty can be removed and agreements can be found between the parties – on tariffs in particular, but on other issues as well, such as non-tariff barriers – the better off we will all be. Economic players, investors and employers have great difficulty dealing with uncertainty. The same applies to us as central banks because when we need to forecast, anticipate the evolution of the economy and project the level of prices, if we have this great uncertainty, it makes our lives really difficult.

    So when the delegations of China and the United States in London said they had made progress, that’s good news.

    I hope progress goes in the direction of removing as much uncertainty as possible. If it reaches a new equilibrium, which is beneficial for all countries, then it’s a positive.

    It is impossible to talk about China-EU relations without talking about China-US relations. You worked both in Washington and Europe. How do you see current China-US relations and how do you think China-US relations will impact China-EU relations?

    I don’t want to make any projections or anticipate what the outcome of the discussions will be between the Chinese authorities and the US authorities. This is for political leaders, for trade and commerce secretaries to discuss and to take forward. But what I observe is that all our countries – European Union Member States, China, the United States and many other countries – are intrinsically bound by supply chains. When you start dissecting a product and you realise what the origin of the product is, where the spare parts are coming from, what journey it takes to travel from one place to the other, it is amazing how countries are linked to each other. What will impact one will impact others, and if the situation is not resolved satisfactorily and the uncertainty is not removed, the corporate world will rethink their supply chains. They will rethink their supply and their sourcing, and that will cause more fragility and a period of uncertainty, during which growth will probably be impaired, during which we could have inflationary pressure as a result. And I think this is not in the interest of any country. As I said, it’s not just the United States, China and Europe, it’s many other countries as well.

    I remember you once said you stand by Adam Smith, you stand by liberalism. Do you think what we are witnessing in the world is a kind of failure of liberalism, the rules of free trade?

    We have to acknowledge what the benefits have been and where there have been downsides. The benefits have been incredible when you look at how much additional activity has prospered, how much growth has increased, how many people have been taken out of poverty, particularly in this country, in China, how the well-being of people has improved. There have been many benefits as a result of international open trade and free markets, but there have also been some negative consequences. There are areas in the world where industrial activity has died, where people have lost jobs and where measures have not been taken to deal with that. So we have to be mindful of that. We have to look at that very honestly and decide how we want to remedy those situations. It has a lot to do with reducing the disequilibrium, reducing the imbalances that we see both on an international but also on a domestic basis.

    Like you said, China has had a lot of benefits from globalisation, and China is now the second-largest economy in the world, and we have heard some concepts like de-risking from China in Europe. What is your opinion on this concept?

    The principle of de-risking is not surprising, and I think it has been accentuated by the COVID-19 period. You know, during the pandemic, countries and regions suddenly realised that they no longer had manufacturing facilities to produce some pharmaceutical goods (e.g. masks) that were needed, and they were dependent and vulnerable as a result. This desire not to be vulnerable, not to be exclusively dependent on one single source of supply, is completely legitimate to the extent that those products – not necessarily masks – are considered strategic. It’s completely normal that countries think they need to have alternative sources of supply. We need to have a degree of security of supply so that we are not at the mercy of a failure, or a unilateral decision that would expose the security of our people. So I don’t find anything surprising about it. It is legitimate, but it does not stop cooperation. It does not stop international trade.

    When it comes to financial innovation, people always focus on digital financing and green financing. The ECB is actively exploring a digital euro. How will this influence the future of finance from the perspective of European bankers? And on green innovation in financing, how can the ECB and the PBOC cooperate in the future?

    Firstly, both the PBOC and the ECB are working on a digital currency. China was ahead, it started earlier. We started six years ago, and we are getting to the point where, if the legislature supports the proposal, we should be ready to launch. Why are we doing that? Simply because of client demand, to put it very simply. Because many Europeans – not all, but many – like to pay electronically, digitally, without cash. Many Europeans still like cash. I like cash. So we will continue to have cash, and we will be issuing new banknotes in a few years’ time. But we need, as a sovereign expression on the financial stage, to be able to respond to the demand of our customers, Europeans. If they want cash, we should be able to print secure banknotes. If they want digital cash, we should be able to offer a digital euro. We want to make sure that we have a European offer that is available, so that within the entire euro area there is a means of payment and a solid currency that can help you transact both online, peer-to-peer, business-to-business, and that’s the purpose of the digital euro.

    And what about green financing?

    Green financing is an activity that is conducted by commercial banks or international institutions. The European Investment Bank, which is a public institution, also has a role. And as you know, Europe has approved a green bond framework that is available, which I think China has observed very carefully in order to issue its own framework. But it’s a matter for commercial banks.

    My final question is the following: you were the second most powerful woman in the world according to Forbes in 2019, 2020, 2022, 2023 and 2024. You have a life experience envied by women around the world. Do you have any advice for them on how to be successful?

    Women have inside them the potential to thrive in whichever domain they choose. And I think that they should always draw on that confidence and energy without which things do not happen, and they should cultivate that and never be intimidated or refrain from achieving what they can. They have to believe in themselves. I hope they get the support that I was lucky to receive from family members and friends, as that is extremely helpful to continue doing what you want to do.

    MIL OSI Economics

  • MIL-OSI Economics: Privacy blind spot could stall AI’s future in UK homes, says new study

    Source: Samsung

     
    As smart technology and AI become increasingly integrated into our daily lives, new research finds that nearly 9 out of 10 Brits (89%) express concerns about their privacy.
     
    But, for the majority of consumers, these concerns stop at their phones – despite other smart devices in the home also collecting personal data and being just as vulnerable to threats.
     
    This new research from Samsung Electronics, which surveyed over 8,000 Millennial and Gen Z respondents across Europe, including the UK, reveals that over a quarter (28%) of young Brits never think about the security of their smart appliances. In contrast, 1 in 2 (53%) think about the privacy of their mobile phones every day – a worrying blind spot given how connected our smart devices have become, and with the number of smart homes in Europe expected to surpass 100 million by 2028.[1]
     
    The research highlights how managing privacy can feel overwhelming for many – with over 1 in 10 (14%) of those surveyed saying it’s too complex, and 7 in 10 (70%) finding it stressful. Within Europe, Spain tops the list of countries where people find managing their privacy the most stressful (88%), followed by Greece (87%) and France (75%) and Italy (75%).
     
    Privacy concerns among Brits are wide-ranging – from fears of financial theft (73%) to unease about metadata being used to identify them (61%).
     
    The findings point to a deep education gap when it comes to privacy. Many want to take control of their data when it comes to their technology. In fact, almost 8 in 10 (78%) put such considerations front and centre at point of purchase, alongside their familiarity with the brand. Yet despite rising awareness, many still feel unequipped to take meaningful action:
     

    Only 22% say they feel ‘very’ knowledgeable about privacy
    Just over half (54%) are aware of the data their apps and devices collect about them
    3 in 10 (28%) accept default settings on apps without fully understanding them
    Almost 6 in 10 (57%) feel they can never be fully in control of their privacy across their devices
    7 in 10 (70%) are calling for better education on data and privacy
    Over 1 in 10 (14%) consumers say they trust brands to take the protection of their data seriously

     
    These fears are holding UK consumers back from harnessing the full potential of the latest technology. 1 in 5 (18%) haven’t shared data between smart devices in the past year due to security fears—showing that Brits aren’t taking full advantage of connected living, and the enhanced lifestyle benefits it can bring.
     
    Yet two thirds say they would be more open to fully embracing AI and smart-home technology if they better understood the benefits to their lifestyle (67%) and felt confident their data was secure (67%). From real-time smart home updates (15%) to personalised shopping discounts (15%), job opportunities (14%) and tailored fitness and health suggestions (14%), many recognise that they are missing out on everyday enhancements due to concerns around how their data is handled.
     
    In light of these findings, Samsung is reinforcing its commitment to empowering users with strong safeguards and transparent privacy controls in an increasingly AI-driven world.
     
    Dr. Seungwon Shin, Corporate EVP & Head of Security Team, Device eXperience Business at Samsung Electronics said: “At Samsung, we believe true innovation starts with people – which is why we put privacy at the core of everything we do. This research highlights a growing trend: while consumers are proactive about managing privacy on their smartphones, they’re often overlooking the broader ecosystem of connected devices. It also reflects a hesitation to fully embrace AI-powered experiences, largely driven by uncertainty around data use.
     
    As advocates for privacy-first design, we’re committed to earning trust through transparency, choice, and built-in protections. Everyone should be able to explore new AI capabilities with confidence, knowing their data is protected and they remain in control. That’s why we’re focused on putting privacy in the hands of users – where it belongs.”
     
    At the heart of this mission is Samsung Knox, the company’s government-grade security platform that safeguards its smart home appliances[2] and Galaxy devices. With the rise of connected living, Samsung is expanding Knox security across its ecosystem so users can enjoy smart appliances and AI-powered features with peace of mind[3]

    Knox Matrix is Samsung’s long-term vision for connected security—where devices in the same ecosystem work together to safeguard one another. Built on private blockchain technology and backed by future-ready protections like post-quantum cryptography[4], Knox Matrix enables real-time, multi-device protection across smartphones, tablets, TVs, and more.
     
    Complementing this is Knox Vault, which stores sensitive information like PINs, passwords and biometric data in a separate, hardware-based environment. This ensures that even if the main operating system is compromised, private information always stays protected.
     
    With this layered security in place, users are empowered to manage their privacy across all their connected devices, making choices entirely on their own terms.
     
    The research also shows that UK consumers want more than just promises—they’re seeking practical tools. 28% support clearer data usage policies, and almost the same amount value privacy information that’s simple and easy to understand (29%).
     
    Recognising this need, Samsung is expanding its efforts to educate users and equip them with tools that put privacy into their hands across all Samsung devices. For more information on privacy, see here. For more information on the Samsung Knox security principles, see here.
     
    [1]Research and Markets. (2024). Smart Homes and Home Automation Report 2024. Business Wire.
    [2]Samsung Knox is applied to select appliances launched in 2018 and later.
    [3]Samsung Knox Matrix cannot guarantee complete protection against all vulnerabilities within a user’s connected device ecosystem.
    [4]Post-quantum cryptography is available on Galaxy S25 series.

    MIL OSI Economics

  • MIL-OSI: AIXA Miner Secures FinCEN MSB License, Marking Major 2025 Compliance Milestone in Global Cloud Mining Sector

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 16, 2025 (GLOBE NEWSWIRE) — AIXA Miner has officially secured its Money Services Business (MSB) license from the U.S. Financial Crimes Enforcement Network (FinCEN), a pivotal regulatory approval that elevates its credibility and security standards across the global cloud mining landscape. This certification positions AIXA Miner as one of the few cloud mining platforms with verified U.S. compliance, an increasingly critical benchmark as international investors demand stronger oversight and consumer protection in crypto services.

    This milestone marks a new chapter for AIXA Miner in 2025, reinforcing its leadership in providing secure, efficient, and transparent cloud mining operations. As regulatory scrutiny increases worldwide, particularly in markets like Germany, the FinCEN-approved MSB license validates AIXA Miner’s operational integrity and risk controls—giving both new and experienced investors a trusted partner in navigating the evolving digital asset economy.

    What is Cloud Mining?

    Cloud mining is a convenient way to mine cryptocurrencies without having to buy or own professional mining equipment. Instead of setting up a mining machine or performing technical maintenance, customers can simply rent mining equipment from a service provider. The service provider operates large mining facilities and is responsible for hardware, electricity, network connectivity and maintenance. In return, the customer receives a share of the mining revenue generated by the rented capacity. Therefore, cloud mining is undoubtedly a simple solution for anyone who wants to mine passive cryptocurrencies without having to manage complex resources themselves.

    AIXA Miner Cloud Mining: A quick shortcut to cryptocurrency participation

    AIXA Miner was founded in 2020 in Colorado, USA, and received MSB (Financial Stability and Stability Board) certification from the US Financial Crimes Enforcement Network (FinCEN). The platform is known for its low-carbon environmental protection, financial security and high returns. The platform currently has over 1 million users in over 200 countries worldwide. This allows users to utilize idle funds to generate stable returns and become your loyal companion on the road to wealth. AIXA Miner combines secure wealth management with ease of use and enables users of all experience levels to mine cryptocurrencies easily and reliably.

    Get started with AIXA Miner

    1. Sign up and get a $100 bonus – Open a free account now and get a $20 welcome bonus to start generating a daily income of $0.80 right away.
    2. Choose the right mining plan – Browse a range of mining plans for different budgets and investment goals. Each plan differs in term, return and cost, so you can easily find a plan that suits your personal wealth to generate income.
    3. Daily income – payment is made automatically every 24 hours. You can reinvest your profits into higher value plans or withdraw your earnings directly to your crypto wallet when you’re ready.

    AIXA Miner offers further profit opportunities via its cloud mining platform in addition to investments and enables users to passively increase their income without actual investment.

    1. Multi-level referral system – share and earn: AIXA Miner rewards you for inviting others: 5% for direct referrals and continuous income accumulation as your network grows.
    2. VIP Membership: Increase your income: The more you invest, the higher your VIP level becomes and you will receive daily updates, additional bonuses from your mining earnings and retroactive rewards that can be unlocked instantly.

    Although the crypto market is mature in 2025, it remains volatile. Investors wonder: can the myth of wealth creation persist? Although 1,000x meme coins are rare, smart people are betting on more stable cloud mining. Let’s take AIXA Miner as an example. Its low-threshold, high-yield model has become the mainstream choice. With a user-friendly interface, high security and daily income, it helps investors achieve financial freedom through mining.

    You can find more information at www.aixaminer.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0cbf21bf-08e0-47a4-a424-159e68ada715

    The MIL Network

  • MIL-OSI: MEXC Unveils “Proof of Trust” Campaign for Crypto Security, Audits, and User Protection

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 16, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, will launch Proof of Trust, a comprehensive global campaign aimed at strengthening user protection, operational transparency, and community trust across the crypto sector. This initiative combines concrete financial safeguards with security partnerships, open education, and user-first design — positioning MEXC as one of the most proactive players in an increasingly risk-conscious market.

    As part of the initiative, MEXC is implementing advanced security protocols and forming strategic partnerships with leading blockchain auditing firms. In March 2025, the exchange partnered with Hacken, a well-known blockchain security auditor, to support external risk monitoring and system-wide security assessments. According to MEXC COO Tracy Jin, “External, independent verification is essential for maintaining trust and accountability. We thank Hacken for their work and remain committed to prioritizing security and transparency as we scale globally.”

    Central to the Proof of Trust campaign is MEXC’s groundbreaking $100 million Guardian Fund, which represents one of the industry’s most transparent and accessible user protection mechanisms. This fund provides comprehensive coverage for users facing severe security threats, including large-scale exploits, targeted attacks, and unforeseen system vulnerabilities. What sets this fund apart is its complete transparency—all wallet addresses are publicly disclosed on MEXC’s website, allowing users to verify balances and monitor transactions through blockchain records. Unlike traditional third-party insurance with lengthy claims processes, the Guardian Fund offers agile and rapid deployment, ensuring users receive timely support. This initiative establishes a new industry benchmark for proactive risk management and demonstrates MEXC’s commitment to putting user safety first.

    The campaign also includes a renewed focus on user empowerment through education. MEXC Learn, the platform’s multilingual educational hub (available in over eight languages), provides free access to beginner guides, safety tools, and advanced trading insights — helping both newcomers and seasoned traders navigate the ecosystem responsibly.

    To reinforce financial integrity, MEXC now publishes enhanced Proof-of-Reserves and Security Reports on a bi-monthly basis, allowing users to verify that all major assets are fully backed independently. Current data confirms reserve ratios exceeding 100% across core cryptocurrencies — underlining the exchange’s liquidity strength and long-term solvency.

    Importantly, MEXC remains one of the financially strongest and most secure centralized exchanges. In addition to routine Proof-of-Reserves disclosures, the exchange maintains insurance and emergency funds to protect user assets in the event of force majeure events such as cyberattacks, system breaches, or other unforeseen security incidents. In 2025, MEXC plans to increase its security and protection budgets as part of its broader commitment to making digital asset trading safer for global users.

    The Proof of Trust campaign by MEXC is also focused on community and engagement. The platform design is elaborated in detail to reflect user-centricity, simplicity, and innovation. Besides, UX (user experience) metrics are being continuously researched and revised accordingly. Feedback from users is a cornerstone for providing an engaging and fulfilling environment. Stories and interactive campaigns featured by MEXC add up to both positive networking and valuable experience sharing. MEXC is dedicated to maintaining the highest standards of security and user satisfaction, industry experts say.

    The launch of the Proof of Trust multifaceted campaign, combining unprecedented security and transparency measures with community engagement and education, is a substantial input of MEXC into the crypto industry globally. By employing such large-scale initiatives, MEXC is maintaining its leadership and trendsetter position in the market.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    Source

    Contact:
    Lucia Hu
    lucia.hu@mexc.com

    Disclaimer: This is a paid post and is provided by MEXC. 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bc82c1b5-76bc-4295-bb7f-744a43d60686

    The MIL Network

  • MIL-OSI: Subsea 7 S.A. – 2Q25 earnings call notification

    Source: GlobeNewswire (MIL-OSI)

    Luxembourg – 16 June 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) will publish its second quarter 2025 results for the period ended 30 June 2025 on Thursday 31 July 2025 at 08:00 CET.

    A conference call and simultaneous webcast for the investment community will be held on Thursday 31 July 2025 at 11:00 UK / 12:00 CET.

    From 08:00 CET the results announcement and the presentation to be reviewed during the conference call and webcast will be available on the Subsea7 website.

    Conference call registration:
    Phone: https://register-conf.media-server.com/register/BI59310f2a739a44ab86529d2cda595e97
    Webcast: https://edge.media-server.com/mmc/p/yja3wdd3/        

    Please note that questions can only be submitted from a phone line.

    *******************************************************************************
    Subsea7 creates sustainable value by delivering the offshore energy transition solutions the world needs.

    Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.

    *******************************************************************************

    Contact for investor enquiries:
    Katherine Tonks
    Head of Investor Relations
    Subsea 7 S.A.
    Tel +44 20 8210 5568
    ir@subsea7.com

    www.subsea7.com

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 16 June 2025 at 12:30 CET.

    Attachment

    The MIL Network

  • MIL-OSI: Subsea 7 S.A. – 2Q25 earnings call notification

    Source: GlobeNewswire (MIL-OSI)

    Luxembourg – 16 June 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) will publish its second quarter 2025 results for the period ended 30 June 2025 on Thursday 31 July 2025 at 08:00 CET.

    A conference call and simultaneous webcast for the investment community will be held on Thursday 31 July 2025 at 11:00 UK / 12:00 CET.

    From 08:00 CET the results announcement and the presentation to be reviewed during the conference call and webcast will be available on the Subsea7 website.

    Conference call registration:
    Phone: https://register-conf.media-server.com/register/BI59310f2a739a44ab86529d2cda595e97
    Webcast: https://edge.media-server.com/mmc/p/yja3wdd3/        

    Please note that questions can only be submitted from a phone line.

    *******************************************************************************
    Subsea7 creates sustainable value by delivering the offshore energy transition solutions the world needs.

    Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.

    *******************************************************************************

    Contact for investor enquiries:
    Katherine Tonks
    Head of Investor Relations
    Subsea 7 S.A.
    Tel +44 20 8210 5568
    ir@subsea7.com

    www.subsea7.com

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 16 June 2025 at 12:30 CET.

    Attachment

    The MIL Network

  • MIL-OSI Africa: Social Engineering 2.0: When artificial intelligence becomes the ultimate manipulator

    Once the domain of elite spies and con artists, social engineering is now in the hands of anyone with an internet connection – and AI is the accomplice. Supercharged by generative tools and deepfake technology, today’s social engineering attacks are no longer sloppy phishing attempts. They’re targeted, psychologically precise, and frighteningly scalable.

    Welcome to Social Engineering 2.0, where the manipulators don’t need to know you personally. Their AI already does.

    Deception at machine levels

    Social engineering works because it bypasses firewalls and technical defences. It attacks human trust. From fake bank alerts to long-lost Nigerian princes, these scams have traditionally relied on generic hooks and low-effort deceit. But that’s changed, and continues to.

    “AI is augmenting and automating the way social engineering is carried out,” says Anna Collard, SVP of Content Strategy & Evangelist at KnowBe4 Africa. “Traditional phishing markers like spelling errors or bad grammar are a thing of the past. AI can mimic writing styles, generate emotionally resonant messages, and even recreate voices or faces (https://apo-opa.co/409nwPV) – all within minutes.”

    The result? Cybercriminals now wield the capabilities of psychological profilers. By scraping publicly available data – from social media to company bios – AI can construct detailed personal dossiers. “Instead of one-size-fits-all lures, AI enables criminals to create bespoke attacks,” Collard explains. “It’s like giving every scammer access to their own digital intelligence agency.”

    The new face of manipulation: Deepfakes

    One of the most chilling evolutions of AI-powered deception is the rise of deepfakes – synthetic video and audio designed to impersonate real people. “There are documented cases where AI-generated voices have been used to impersonate CEOs and trick staff into wiring millions (https://apo-opa.co/4e4JBVv),” notes Collard.

    In South Africa, a recent deepfake video circulating on WhatsApp featured a convincingly faked endorsement by FSCA Commissioner Unathi Kamlana promoting a fraudulent trading platform. Nedbank had to publicly distance itself from the scam (https://apo-opa.co/4e4JCJ3).

    “We’ve seen deepfakes used in romance scams, political manipulation, even extortion,” says Collard. One emerging tactic involves simulating a child’s voice to convince a parent they’ve been kidnapped (https://apo-opa.co/3HY5WrR) – complete with background noise, sobs, and a fake abductor demanding money.

    “It’s not just deception anymore,” Collard warns. “It’s psychological manipulation at scale.”

    The Scattered Spider effect

    One cybercrime group exemplifying this threat is Scattered Spider. Known for its fluency in English and deep understanding of Western corporate culture, this group specialises in highly convincing social engineering campaigns. “What makes them so effective,” notes Collard, “is their ability to sound legitimate, form quick rapport, and exploit internal processes – often tricking IT staff or help-desk agents.” Their human-centric approach, amplified by AI tools, such as using audio deepfakes to spoof victims’ voices for obtaining initial access, shows how the combination of cultural familiarity, psychological insight, and automation is redefining what cyber threats look like. It’s not just about technical access – it’s about trust, timing, and manipulation.

    Social engineering at scale

    What once required skilled con artists days or weeks of interaction – establishing trust, crafting believable pretexts, and subtly nudging behaviour – can now be done by AI in the blink of an eye. “AI has industrialised the tactics of social engineering,” says Collard. “It can perform psychological profiling, identify emotional triggers, and deliver personalised manipulation with unprecedented speed.”

    The classic stages – reconnaissance, pretexting, rapport-building – are now automated, scalable, and tireless. Unlike human attackers, AI doesn’t get sloppy or fatigued; it learns, adapts, and improves with every interaction.

    The biggest shift? “No one has to be a high-value target anymore,” Collard explains. “A receptionist, an HR intern, or a help-desk agent; all may hold the keys to the kingdom. It’s not about who you are – it’s about what access you have.”   

    Building cognitive resilience

    In this new terrain, technical solutions alone won’t cut it. “Awareness has to go beyond ‘don’t click the link,’” says Collard. She advocates for building ‘digital mindfulness’ and ‘cognitive resilience’ – the ability to pause, interrogate context, and resist emotional triggers (https://apo-opa.co/3FF6Zwn).

    This means:

    • Training staff to recognise emotional manipulation, not just suspicious URLs.
    • Running simulations using AI-generated lures, not outdated phishing templates.
    • Rehearsing calm, deliberate decision-making under pressure, to counter panic-based manipulation.

    Collard recommends unconventional tactics, too. “Ask HR interviewees to place their hand in front of their face during video calls – it can help spot deepfakes in hiring scams,” she says. Families and teams should also consider pre-agreed code words or secrets for emergency communications, in case AI-generated voices impersonate loved ones.

    Defence in depth – human and machine

    While attackers now have AI tools, so too do defenders. Behavioural analytics, real-time content scanning, and anomaly detection systems are evolving rapidly. But Collard warns: “Technology will never replace critical thinking. The organisations that win will be the ones combining human insight with machine precision.”

    And with AI lures growing more persuasive, the question is no longer whether you’ll be targeted – but whether you’ll be prepared. “This is a race,” Collard concludes. “But I remain hopeful. If we invest in education, in critical thinking and digital mindfulness, in the discipline of questioning what we see and hear – we’ll have a fighting chance.”

    Distributed by APO Group on behalf of KnowBe4.

    MIL OSI Africa

  • MIL-OSI USA: SPC Jun 16, 2025 0730 UTC Day 3 Severe Thunderstorm Outlook

    Source: US National Oceanic and Atmospheric Administration

     For best viewing experience, please enable browser JavaScript support.

    Jun 16, 2025 0730 UTC Day 3 Severe Thunderstorm Outlook

    Updated: Mon Jun 16 07:11:19 UTC 2025 (Print Version |   |  )

    Probabilistic to Categorical Outlook Conversion Table

     Forecast Discussion

    SPC AC 160711

    Day 3 Convective Outlook
    NWS Storm Prediction Center Norman OK
    0211 AM CDT Mon Jun 16 2025

    Valid 181200Z – 191200Z

    …THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS FROM PARTS OF THE
    SOUTHERN PLAINS TO THE SOUTHERN GREAT LAKES…

    …SUMMARY…
    Scattered thunderstorms with severe wind gusts and hail are expected
    on Wednesday from the southern Plains to the southern Great Lakes.

    …Mid Mississippi Valley/Ohio Valley/Southern Great Lakes…
    A mid-level shortwave trough is forecast to move eastward through
    the Upper Midwest on Wednesday. At the surface, a low is forecast to
    deepen and move northeastward into the western Great Lakes, as a
    cold front advances eastward into the mid Mississippi Valley. Ahead
    of the front, surface dewpoints in the lower to mid 70s F will
    contribute to moderate instability across much of the airmass by
    afternoon. Thunderstorms are expected to develop along and ahead of
    the front, with several convective clusters moving eastward toward
    the stronger instability during the late afternoon and early
    evening.

    Model forecasts suggest that the strongest instability will be
    located over the mid Mississippi and lower Ohio Valleys, while the
    strongest deep-layer shear will be located in the southern Great
    Lakes. The disjointed nature of the pattern could mean that the
    severe threat could remain relatively unfocused. The current
    thinking is that a broad corridor with an isolated severe threat
    will develop during the afternoon. Supercells with hail will be
    possible. However, it appears convection may tend to organize into
    lines, which would result in the greatest severe threat being wind
    damage. The severe threat is expected to move eastward into the
    lower Great Lakes and into part of the Ohio Valley by early to mid
    evening.

    …Southern Plains/Ozarks…
    The southern extent of a mid-level shortwave trough is forecast to
    move through the southern Plains on Wednesday. By afternoon, a cold
    front is forecast to be located from western Oklahoma to western
    Missouri. To the southeast of the front, surface dewpoints in the
    upper 60s to lower 70s F will likely enable moderate instability to
    develop across much of the moist airmass by afternoon. As surface
    temperatures warm during the day, convective initiation should take
    place along and near the front. Multiple convective clusters appear
    likely to initiate and move toward an axis of moderate instability
    during the afternoon. NAM forecast soundings at 21Z near the
    instability axis in Oklahoma and Missouri have 0-6km shear in the 30
    to 35 knot range with 700-500 mb lapse rates of 7.5 to 8 C/km.
    Supercells with large hail will be possible. However, storm mode may
    tend to favor multicell lines or clusters with wind-damage
    potential. The severe threat is expected to continue into the
    evening, with the overall threat moving southeastward.

    ..Broyles.. 06/16/2025

    CLICK TO GET WUUS03 PTSDY3 PRODUCT

    NOTE: THE NEXT DAY 3 OUTLOOK IS SCHEDULED BY 1930Z

    Top/Latest Day 1 Outlook/Today’s Outlooks/Forecast Products/Home

    MIL OSI USA News

  • MIL-OSI USA: SPC Jun 16, 2025 0600 UTC Day 1 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 160559

    Day 1 Convective Outlook
    NWS Storm Prediction Center Norman OK
    1259 AM CDT Mon Jun 16 2025

    Valid 161200Z – 171200Z

    …THERE IS AN ENHANCED RISK OF SEVERE THUNDERSTORMS OVER PARTS OF
    THE UPPER MIDWEST AND THE CENTRAL PLAINS…

    …SUMMARY…
    Scattered severe thunderstorms capable of producing severe gusts,
    large hail, and perhaps a couple tornadoes are forecast today from
    the north-central High Plains into the Upper Mississippi Valley.

    …Synopsis…
    Within a belt of zonal midlevel flow extending from the northern
    Rockies/High Plains into the Upper MS Valley, a convectively
    augmented midlevel impulse/MCV will track eastward across the
    Dakotas into MN through the afternoon. In response to this feature,
    a weak frontal-wave low will migrate eastward from the eastern
    Dakotas into MN — along a surface boundary extending southwestward
    through the central Plains. Farther west, an additional
    low-amplitude impulse accompanied by strong westerly flow aloft will
    emerge over the northern/central High Plains during the late
    afternoon/early evening.

    …Upper MS Valley into the central Plains…
    Scattered thunderstorms should generally be focused along/ahead of
    the frontal-wave low and remnant MCV as it moves into MN during the
    afternoon, with additional trailing development possible along the
    surface boundary into NE. Here, rich boundary-layer moisture and
    modestly steep midlevel lapse rates will contribute to a strongly
    unstable air mass, while the enhanced midlevel westerly flow yields
    around 40 kt of effective shear. This should support a risk of a
    couple supercells and organized clusters capable of producing large
    hail, damaging winds, and a couple tornadoes.

    …Southeast MT into the central High Plains…
    As low-level lapse rates diurnally steepen amid
    recycled/post-frontal boundary-layer moisture over the
    northern/central High Plains, scattered thunderstorms should evolve
    eastward from southeast MT/eastern WY into the central Plains —
    aided by the emerging midlevel impulse. Upwards of 40-50 kt of
    effective shear and steepening deep-layer lapse rates will favor
    large hail and locally severe wind gusts with initial
    discrete/semi-discrete supercell structures and organized clusters.
    As these storms track east-southeastward into the evening,
    additional storms may be developing farther south along the
    southwestward-extending surface boundary over western/central
    NE/northeastern CO/northwest KS. While the overall convective
    evolution is unclear, current thinking is that multiple
    opportunities for upscale growth into one or more MCSs will exist in
    the NE/KS vicinity into the evening/overnight hours. A swath of
    severe wind will be possible where this evolution occurs.

    ..Weinman/Leitman.. 06/16/2025

    CLICK TO GET WUUS01 PTSDY1 PRODUCT

    NOTE: THE NEXT DAY 1 OUTLOOK IS SCHEDULED BY 1300Z

    MIL OSI USA News

  • MIL-OSI Banking: From Jaipur to Nagpur, Samsung Solve for Tomorrow Ignites a Nation of Problem-Solvers

    Source: Samsung

    Your classroom could be the next stop in this journey of Samsung Solve for Tomorrow
     
    From the sunlit classrooms of Jaipur to the buzzing lecture halls of Nagpur, a powerful question echoed across campuses: “What problem will you solve for India?”
     
    That question lies at the heart of Samsung Solve for Tomorrow, a national innovation challenge that is transforming students into changemakers—and campuses into launchpads for the future.
     
    After a powerful launch on April 29, the design thinking workshops and college Open Houses swept across India—reaching not just major metros but also the vibrant heartlands of the Northeast.
     
    Samsung Solve for Tomorrow 2025 will provide INR 1 crore to the top four winning teams to support the incubation of their projects, along with hands-on prototyping, investor connects, and expert mentorship from Samsung leaders and IIT Delhi faculty.
     
    At Neerja Modi School in Jaipur, over 1,000 students filled the auditorium with their ideas, ambitions, and dreams. Among them, Naman Lakhani found himself thinking beyond textbooks:
     
    “I’ve always wanted to build something that could solve real-world issues. Samsung Solve for Tomorrow showed me that someone out there actually wants to listen to us—and help make those ideas real.”
     
    Anshika Gupta, another student, added: “It felt like a spark. This programme is not just about innovation—it’s about inclusion. It made me feel like I could be a part of building India’s future, even while I’m still in school.”
     
    The journey continued to Maharaja Sawai Bhawani Singh School, also in Jaipur, where Ishan Sharma, part of a 850-strong student turnout, found his perspective shift:
     
    “I realised that I don’t need to wait to graduate or become an adult to solve problems. If we have ideas now, Samsung Solve for Tomorrow wants to hear them. That’s empowering.”
     
    In Nagpur, the vibrant community of Ramdeobaba University welcomed the campaign with open minds and open notebooks. Among 640 participants, Manya shared her dream of building AI-driven solutions for public health:
     
    “For once, a platform came to us—to our campus, to our city—and said, ‘Let’s build something that matters.’ It’s not just a competition. It’s a launchpad.”
     
    Even virtually, the momentum didn’t stop. Shanti Business School in Ahmedabad hosted one of the largest online Samsung Solve for Tomorrow open houses yet, with over 1,700 students tuning in. Discussions ranged from clean energy to accessibility tech.
     
     “It felt like a national classroom of creators,” one student shared in the chat. “We were miles apart, but our ideas connected.”
     
    In Bhopal, Oriental Institute of Science and Technology (OIST) brought the conversation to ground zero—how students can use tech to tackle local problems. With 290 students in attendance, the event had a quiet, determined energy.
     
    “We don’t just want to dream. We want to build,” a student said. “Samsung Solve for Tomorrow is giving us the blueprint.”
     
    As Samsung Solve for Tomorrow rolls across India, it’s making one thing clear: Innovation doesn’t belong to labs or big cities. It belongs to every student with a question and the courage to find an answer.
     
    So, if you’re a student with an idea that could solve a real problem—this is your moment. Apply now to Samsung Solve for Tomorrow. Your classroom could be the next stop in this journey. And your idea? It could change everything.

    MIL OSI Global Banks

  • MIL-OSI United Nations: Making Migrants Count: Experts Convene in Malmö to Close Gaps in Migration Data

    Source: International Organization for Migration (IOM)

    Malmö, Sweden, 16 June 2025 – Migration experts, policymakers, statisticians, and data scientists from around the world are convening in Malmö, Sweden, for the Fourth International Forum on Migration Statistics (IFMS) from 16 to 18 June. 

    The Forum provides a platform to share knowledge, experience, and best practices in improving migration data collection and better assessing its impacts. This year’s focus includes the gender dimensions of migration and leveraging innovative tools such as Big Data and artificial intelligence to track population movement more accurately. 

    “Behind every data point is a human story. Since 2014, over 72,000 migrants have died or gone missing on their journeys – a sobering reminder of the stakes involved,” said IOM Deputy Director General, Ugochi Daniels. “The IFMS plays a crucial role in bringing together global experts to ensure migration policies are grounded in evidence and save lives. As we look ahead, IOM is proud to lead the next edition of the Forum, continuing our shared mission to turn data into action for safer, more humane migration.” 

    Another major focus this year is the implementation of the revised United Nations Recommendations on Statistics of International Migration and Temporary Mobility. For the first time, these recommendations formally recognize a distinction between international migration and temporary mobility within global statistical frameworks, marking a significant milestone in understanding and reporting international migration. Implementation is now critical to ensure they translate into meaningful, comparable, and actionable data across countries. 

    Throughout the three-day Forum, experts from around the world will explore six core themes, ranging from developments in migration forecasting to the integration of data into policy processes. Sessions will also highlight how robust data can support regular migration pathways and dispel myths through fact-based narratives. 

    “This Forum is our direct contribution to Objective 1 of the Global Compact for Safe, Orderly and Regular Migration: to strengthen the global evidence base on international migration by improving the collection, analysis and dissemination of high-quality, comparable migration data,” said Stefano Scarpetta, Director for Employment, Labour, and Social Affairs at the Organisation for Economic Co-operation and Development (OECD). “These days, more than ever, evidence-based policymaking is indispensable.” 

    “The expertise gathered in this Forum has a crucial role to play in making sure that perceptions about migration are aligned with facts,” said Ms. Bjørg Sandkjær, Assistant Secretary-General for Policy Coordination, United Nations Department of Economic and Social Affairs (UN DESA). “We must continue strengthening our evidence-based migration work to document the positive contributions of safe, orderly, and regular migration, while highlighting the risks associated with irregular and unsafe migration.” 

    Coinciding with the International Day of Family Remittances, this year’s Forum is organized by the OECD, in collaboration with IOM and UN DESA, with support from Malmö University and the Government of Sweden. The IFMS 2025 builds on the momentum of previous editions held in Paris (2018), Cairo (2020), and Santiago (2023), and marks a renewed commitment to evidence-based migration policy. 

    Plenary sessions of the Forum will be livestreamed via the event’s website. For the full agenda and registration details, visit: http://www.oecd-events.org/ifms2025 

    For more information, please contact: 

    Secretariat of the IFMS: ifms2025@oecd.org 
    United Nations Department of Economic and Social Affairs (UN DESA): 
    Helen Rosengren, rosengrenh@un.org 
    IOM Media Centre 

    MIL OSI United Nations News

  • MIL-OSI: Vastrell Securities Strengthens Asia-Pacific Presence with Enhanced Localized Financial Services

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 16, 2025 (GLOBE NEWSWIRE) — Vastrell Securities (VRS), a global leader in comprehensive financial services and a wholly-owned subsidiary of Morgan Stanley, today announced an accelerated expansion plan across the Asia-Pacific region. This initiative reflects VRS’s long-term commitment to the region’s economic potential and its rapidly evolving investment demands.

    Founded in 2003, VRS has built a reputation for delivering high-value, diversified financial solutions to clients worldwide. In Asia-Pacific, VRS already operates across key markets such as Hong Kong, Singapore, Japan, and South Korea, offering services in equities, fixed income, asset management, cross-border advisory, and wealth planning.
    “Our clients in Asia are seeking more tailored, tech-driven, and strategic investment guidance,” said John T. Levine, CEO of Vastrell Securities. “We aim to integrate global best practices with localized expertise, driving smarter performance and delivering sustainable value.”
    Key highlights of the enhanced Asia-Pacific strategy include:

    1. Expanding Local Advisory Teams: VRS will enhance regional staffing with multilingual, market-savvy financial advisors to better address local investor needs.
    2. Deploying Intelligent Investment Tools: With AI-driven analytics and real-time risk management, clients gain improved trading accuracy and transparency.
    3. Accelerating ESG and Green Investment Offerings: In response to global sustainability goals, VRS will launch diversified ESG portfolios to support socially responsible investors.

    VRS expects its Asia-Pacific business to grow by over 30% in the next three years, particularly in areas such as long-term wealth structuring, retirement planning, and family office services.
    As a key strategic arm under Morgan Stanley’s global expansion plan, VRS remains committed to delivering professional excellence, client-first service, and technological innovation in one of the world’s most dynamic economic regions.

    Media Contact:

    Company name: Vastrell Securities

    Official website: https://www.vastrellsecurities.com/

    Corporate email: support@vastrellsecurities.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dd9ab0a0-075c-45f2-81f2-2619b3e0b099

    The MIL Network

  • MIL-OSI: Vastrell Securities Strengthens Asia-Pacific Presence with Enhanced Localized Financial Services

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 16, 2025 (GLOBE NEWSWIRE) — Vastrell Securities (VRS), a global leader in comprehensive financial services and a wholly-owned subsidiary of Morgan Stanley, today announced an accelerated expansion plan across the Asia-Pacific region. This initiative reflects VRS’s long-term commitment to the region’s economic potential and its rapidly evolving investment demands.

    Founded in 2003, VRS has built a reputation for delivering high-value, diversified financial solutions to clients worldwide. In Asia-Pacific, VRS already operates across key markets such as Hong Kong, Singapore, Japan, and South Korea, offering services in equities, fixed income, asset management, cross-border advisory, and wealth planning.
    “Our clients in Asia are seeking more tailored, tech-driven, and strategic investment guidance,” said John T. Levine, CEO of Vastrell Securities. “We aim to integrate global best practices with localized expertise, driving smarter performance and delivering sustainable value.”
    Key highlights of the enhanced Asia-Pacific strategy include:

    1. Expanding Local Advisory Teams: VRS will enhance regional staffing with multilingual, market-savvy financial advisors to better address local investor needs.
    2. Deploying Intelligent Investment Tools: With AI-driven analytics and real-time risk management, clients gain improved trading accuracy and transparency.
    3. Accelerating ESG and Green Investment Offerings: In response to global sustainability goals, VRS will launch diversified ESG portfolios to support socially responsible investors.

    VRS expects its Asia-Pacific business to grow by over 30% in the next three years, particularly in areas such as long-term wealth structuring, retirement planning, and family office services.
    As a key strategic arm under Morgan Stanley’s global expansion plan, VRS remains committed to delivering professional excellence, client-first service, and technological innovation in one of the world’s most dynamic economic regions.

    Media Contact:

    Company name: Vastrell Securities

    Official website: https://www.vastrellsecurities.com/

    Corporate email: support@vastrellsecurities.com

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

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    The MIL Network

  • MIL-OSI Asia-Pac: President Lai meets delegation led by Representative Bera, co-chair of US Congressional Taiwan Caucus

    Source: Republic of China Taiwan

    Details
    2025-06-13
    President Lai meets delegation led by French National Assembly Taiwan Friendship Group Chair Marie-Noëlle Battistel
    On the morning of June 12, President Lai Ching-te met a delegation led by Marie-Noëlle Battistel, chair of the French National Assembly’s Taiwan Friendship Group. In remarks, President Lai thanked the National Assembly for its long-term support for Taiwan’s international participation and for upholding security in the Taiwan Strait, helping make France the first major country in the world to enact legislation to uphold freedom of navigation in the Taiwan Strait. The president also said that exchanges and cooperation between Taiwan and France are becoming more frequent, and that he hopes this visit by the Taiwan Friendship Group will inject new momentum into Taiwan-France relations and help build closer partnerships in the economy, trade, energy, and digital security.  A translation of President Lai’s remarks follows: First, I would like to welcome Chair Battistel, who is once again leading a visiting delegation. Last year, Chair Battistel co-led a delegation to attend the inauguration ceremony for myself and Vice President Bi-khim Hsiao. This is her fourth visit, and first as chair of the Taiwan Friendship Group, which makes it especially meaningful. This delegation’s visit demonstrates strong support for Taiwan, and on behalf of the people of Taiwan, I want to express my sincerest welcome and thanks. France is a pioneer in promoting free and democratic values. These are values that Taiwan cherishes and is working hard to defend. I want to express gratitude to the French Parliament for their long-term support for Taiwan’s international participation, and for upholding security in the Taiwan Strait. The French Parliament’s two chambers have continued to strongly support Taiwan, with the passage of a resolution supporting Taiwan’s participation in international organizations in 2021, as well as the passage of the seven-year Military Programming Law in 2023. This has made France the first major country in the world to enact legislation to uphold freedom of navigation in the Taiwan Strait. Through it all, the Taiwan Friendship Group has played a key role, and I want to thank all of our distinguished guests for their efforts. Over the past few years, Taiwan and France have continued to deepen cooperation in areas including the economy, technology, culture, and sports. At the Choose France summit held in Paris last month, Taiwanese and French enterprises also announced they will launch cooperation in the semiconductor and satellite fields. The VivaTech startup exhibition, now being held in France, also has many Taiwanese vendors participating. Exchanges and cooperation between Taiwan and France, whether official or people-to-people, are becoming more and more frequent. I hope that this visit by the Taiwan Friendship Group will inject new momentum into Taiwan-France relations, building closer partnerships in the economy, trade, energy, and digital security.  To address current geopolitical and economic challenges, Taiwan will continue to join forces with France and other like-minded countries to jointly safeguard peace and stability in the Indo-Pacific region, and contribute our concerted efforts to global prosperity and development. Once again, I want to welcome our visitors to Taiwan. I hope to continue our joint efforts to create a more prosperous future for both Taiwan and France.   Chair Battistel then delivered remarks, thanking President Lai for extending this invitation. Last year on May 20, she said, she and her delegation attended the presidential inauguration ceremony, so she was delighted to visit Taiwan once again with the French National Assembly’s Taiwan Friendship Group and bear witness to their friendship with Taiwan. Chair Battistel noted that this visit has given them an opportunity to strengthen Taiwan-France relations in areas including the economy, culture, the humanities, and diplomacy, and conduct exchanges with numerous heads of government agencies and research institutes. It has also been an opportunity, she said, to witness the importance of exchanges and cooperation with Taiwan in areas including energy, semiconductors, youth, and culture, and the impact created by important issues of mutual concern, including AI and disinformation, on the security of many countries. Chair Battistel praised Taiwan for its youth development efforts, and said that under the Taiwan Global Pathfinders Initiative, 30 Taiwanese young people have embarked on a visit to France, with itineraries including the United Nations Ocean Conference and the VivaTech exhibition, as well as the city of Toulouse, which is strategically important for the aerospace industry. Members of the group are also conducting exchanges at the French National Assembly, she said.  Chair Battistel stated that the Taiwan-France partnership is growing closer, and that she hopes to continue to strengthen bilateral exchanges and cooperation, as supporting peace for Taiwan supports peace around the world.  The delegation also included Taiwan Friendship Group Vice Chair Éric Martineau, as well as National Assembly Committee on Foreign Affairs Vice Chair Laetitia Saint-Paul and Deputies Marie-José Allemand and Claudia Rouaux. The delegation was accompanied to the Presidential Office by French Office in Taipei Deputy Director Cléa Le Cardeur.

    Details
    2025-06-05
    President Lai hosts state banquet for President Bernardo Arévalo of Republic of Guatemala  
    At noon on June 5, President Lai Ching-te hosted a state banquet at the Presidential Office for President Bernardo Arévalo of the Republic of Guatemala and his wife. In his remarks, President Lai noted that Taiwan and Guatemala have both undergone an arduous democratization process, and therefore, in face of the continuous expansion of authoritarian influence, must join hands in brotherhood and come together in solidarity to safeguard our hard-earned freedom and democracy. President Lai also expressed hope that both countries will work together and continue to deepen various exchanges and cooperation, taking a friendship that has lasted over 90 years to new heights. A translation of President Lai’s remarks follows: Once again, I would like to offer a warm welcome to President Arévalo and First Lady Lucrecia Peinado, who are leading this delegation to Taiwan. President Arévalo’s previous visit to Taiwan was 31 years ago. Back then, Taiwan did not have direct presidential elections, and the nation was continuing to make progress toward democratization. Today, 31 years later, Taiwan has conducted direct presidential elections eight times, with three transfers of power between political parties. On this visit, I am sure that President Arévalo will gain a deep appreciation for Taiwan’s free and democratic atmosphere.  Taiwan and Guatemala have both undergone an arduous democratization process. A little over 200 years ago, the people of Guatemala took a stand against colonial oppression, seeking national dignity and the freedom of its people. Eighty-one years ago, President Arévalo’s father, Juan José Arévalo, became Guatemala’s first democratically elected president, establishing an important foundation for subsequent democratic development.  Our two peoples have democracy in their blood. Both know the value of freedom and democracy and are willing to take a stand for those values. Therefore, in face of the continuous expansion of authoritarian influence, our two countries must join hands in brotherhood to respond to threats and challenges, and come together in solidarity to safeguard our hard-earned freedom and democracy. I hope that both countries will work together to continue to deepen various exchanges and cooperation, taking a friendship that has lasted over 90 years to new heights. I hope that on this visit, in addition to gaining a deeper understanding of Taiwan’s political, economic, and social development, President Arévalo can also reacquaint himself with the democratic vitality and cultural diversity of Taiwan by sampling various gourmet delicacies and once again experiencing the beauty of our scenery and warmth of our people. Guatemala is a very beautiful country. In the future, I hope to have a chance to personally experience that beauty, explore Mayan civilization, and savor local Guatemalan coffee. In closing, I wish the visiting delegation a smooth and successful trip, and beautiful, unforgettable memories. May President Arévalo enjoy the best of health, and may the diplomatic friendship between our two countries endure. President Arévalo then delivered remarks, stating that at different times and by different means, the people of Taiwan and Guatemala have relentlessly sought to defend freedom and democracy. We share the same expectations, he said, and are walking the right path amid today’s complex international circumstances.  President Arévalo stated that Taiwan and Guatemala are true democratic nations, where the government’s goal is to serve all the people. He noted that this is far from easy under current circumstances, as many authoritarian regimes use their long-term hold on power to safeguard the interests of select groups and neglect the wellbeing of the population as a whole. President Arévalo said that last week Guatemala commemorated the 40th anniversary of its constitution, which was enacted in 1985 and is Guatemala’s ultimate guide, setting the foundation for democracy and clearly outlining the path ahead. He said that over the past 40 years, Guatemala has continued to follow the democratic blueprint established by the constitution and end the civil war so that the nation could make the transition to real democracy. Although more than a few ambitious people have attempted to destroy that process from within, he noted, the people of Guatemala have never given up the pursuit of democracy as an ideal. President Arévalo stated that our two sides’ coming together here is due to such shared values as freedom and democracy as well as the idea of serving all the people. He underlined that the governments of both countries will continue to work hard and provide mutual support to smooth out each other’s path of democracy, freedom, and justice. President Arévalo emphasized that the government of Guatemala will always be Taiwan’s ally, and that he firmly believes Taiwan is Guatemala’s most reliable partner on the path of democracy and economic prosperity and development. The president said he hopes this visit will be the first step towards setting a new course for the governments and peoples of both countries. Also in attendance at the banquet were Guatemala Minister of Foreign Affairs Carlos Ramiro Martínez, Minister of the Economy Gabriela García, and Guatemala Ambassador Luis Raúl Estévez López.  

    Details
    2025-06-05
    President Lai welcomes President Bernardo Arévalo of Republic of Guatemala with military honors  
    On the morning of June 5, President Lai Ching-te welcomed with full military honors President Bernardo Arévalo of the Republic of Guatemala and his wife, who are leading a delegation of cabinet members visiting Taiwan for the first time, demonstrating the deep and enduring alliance between our nations. In remarks, President Lai noted that over the past few years, bilateral cooperation between Taiwan and Guatemala has grown closer and more diverse, and said that moving forward, based on a foundation of mutual assistance for mutual benefit, we will continue to promote programs in line with international trends, spurring prosperity and development in both our nations. The military honors ceremony began at 10:30 a.m. in the Entrance Hall of the Presidential Office. After a 21-gun salute and the playing of the two countries’ national anthems, President Lai and President Arévalo each delivered remarks. A translation of President Lai’s remarks follows: Today, President Arévalo and First Lady Lucrecia Peinado are leading a delegation of cabinet members visiting Taiwan for the first time, demonstrating the deep and enduring alliance between our nations. On behalf of the people and government of the Republic of China (Taiwan), I want to extend my sincerest welcome. Last year, our two countries celebrated the 90th anniversary of diplomatic ties, providing mutual support all along the way. Especially over the past few years, bilateral cooperation has grown closer and more diverse. We have a long record of remarkable results, whether in terms of medicine and public health, education and culture, technological cooperation, or economic and trade exchanges. Moving forward, based on a foundation of mutual assistance for mutual benefit, Taiwan and Guatemala will continue to promote programs in line with international trends. We will continue to strengthen exchange and cooperation for young people, as well as scholarship programs, and actively cultivate high-tech and information and communications technology industry talent, spurring prosperity and development in both our nations. Although separated by a great distance, the peoples of both countries are closely connected by their ideals and values. I am confident that with President Arévalo’s support, bilateral exchanges and cooperation will become closer and more diverse, beginning a very promising new chapter. I wish the visiting delegation a smooth and successful trip. President Arévalo then delivered remarks, saying that on behalf of the government and people of Guatemala, he is honored to visit the Republic of China (Taiwan), this beautiful nation, and to receive full military honors, which reflects the mutual respect between our two nations as well as our solid friendship. Especially as this state visit comes as we celebrate 90 years of formal diplomatic ties, he said, he has brought the foreign minister, economics minister, private secretary to the president, and social communication secretary as members of his delegation, in the hope of our ties embarking on a new chapter. President Arévalo said that Guatemala-Taiwan ties have in recent years been growing steadily on a foundation of mutual understanding and cooperation, making significant progress, and that our peoples have also cultivated sincere friendships and cooperative relationships across many fields. Our nations are especially promoting public health, education, agricultural technology, and infrastructure, he said, key fields which are conducive to economic and social development. He expressed his hope that on such good foundations of the past, we can further strengthen our bilateral ties for the future. President Arévalo stated that through this state visit they not only want to reaffirm the good bilateral ties between our nations, but that they also hope to define a trajectory for the future of our cooperation in the direction of expanding economic cooperation, building economic and trade alliances, and facilitating investment to foster a Taiwan-Guatemala relationship that benefits both peoples. He then expressed gratitude to the people of Taiwan for helping Guatemala over the past 90 years and reaffirmed the unwavering support of Guatemala for the Republic of China (Taiwan). On the occasion of this visit, he said, he hopes to extend a friendly hand to the people of Taiwan, adding that he looks forward to our nations continuing to take major steps forward on the road of mutual assistance and prosperity. Also in attendance at the welcome ceremony were Dean of the Diplomatic Corps and Saint Vincent and the Grenadines Ambassador Andrea Clare Bowman, and members of the foreign diplomatic corps in Taiwan.  

    Details
    2025-06-03
    President Lai confers decoration on President Hilda C. Heine of Republic of the Marshall Islands, hosts state banquet  
    At noon on June 3, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, conferred a decoration upon President Hilda C. Heine of the Republic of the Marshall Islands, and hosted a state banquet for President Heine and her husband at the Presidential Office. In remarks, President Lai thanked President Heine for her commitment to deepening the diplomatic partnership between our nations and speaking up for Taiwan in the international arena. He also expressed hope for Taiwan and the Marshall Islands to work together to address various challenges through an even greater diversity of exchanges, and that together, we can contribute even more to peace, stability, and development throughout the Pacific region. At the decoration ceremony, President Lai personally conferred the Order of Brilliant Jade with Grand Cordon on President Heine before delivering remarks, a translation of which follows:  The Marshall Islands was the first Pacific ally that I visited after taking office as president. When I arrived there, I was immediately drawn to its beautiful scenery. And I received a very warm welcome from the local people. This gesture showed the profound friendship between our two nations. I was truly touched. I also remember trying your nation’s special Bob Whisky for the first time. The flavor was as unique and impressive as the landscape of the Marshall Islands.  In addition to welcoming our distinguished guests today, we also presented President Heine with the Order of Brilliant Jade with Grand Cordon. On behalf of the people of Taiwan, I want to thank President Heine for her commitment to deepening the diplomatic partnership between our nations, and for staunchly speaking up for Taiwan in the international arena. Both I and the people of Taiwan are profoundly grateful to President Heine for her friendship and support. Over the past few years, cooperation between Taiwan and the Marshall Islands has grown ever closer. And this visit by our distinguished guests will allow our two countries to further expand areas of bilateral exchange. I have always believed that only through mutual assistance and trust can two countries build a longstanding and steadfast partnership. I once again convey my sincere aspiration that Taiwan and the Marshall Islands work together to address various challenges through an even greater diversity of exchanges. Together, we can contribute even more to peace, stability, and development throughout the Pacific region. In closing, I want to thank President Heine and First Gentleman Thomas Kijiner, Jr. for leading this delegation to Taiwan, which deepens the foundations of our bilateral relationship. May our two nations enjoy a long and enduring friendship. President Heine then delivered remarks, stating that she felt especially privileged to receive the Order of Brilliant Jade with Grand Cordon of the Republic of China (Taiwan), and humbly accepted the honor with the utmost gratitude, humility, and deep responsibility. This is a deep responsibility, she said, because she understands that since its inception in 1933, this order has been bestowed upon a select few. She then thanked President Lai for this great honor. President Heine stated that the banquet was not just a celebration of our bilateral friendship, but a true reflection of the generosity of the Taiwan spirit and a testament to the enduring ties between our nations, founded on shared values and aspirations, including a respect for the rule of law, the preservation of human dignity, and a deep commitment to democracy. President Heine stated that the Taiwan-Marshall Islands partnership continues to evolve through practical cooperation and mutual support. In recent years, she said, our countries have worked hand in hand across a range of vital sectors, including the recent opening of the Majuro Hospital AI and Telehealth Center and the ongoing and successful Taiwan Health Center, various technical training and scholarship programs, and various climate change adaptation projects in renewable energy, coastal resilience, and sustainable agriculture.   President Heine emphasized that the Marshall Islands continues to be a proud and vocal supporter of Taiwan’s meaningful participation in the United Nations system and other international organizations. Taiwan’s exclusion from these platforms, she said, is not only unjust, but is bad for the world, and the global community needs Taiwan’s voice and expertise.  President Heine also expressed sincere appreciation to all of the Taiwanese friends who have contributed their efforts to deepening bilateral relations, including government officials, healthcare workers, teachers, engineers, and volunteers. The people of the Marshall Islands, she said, deeply appreciate and value everyone’s efforts and service. President Heine said that as we celebrate our partnership, let us look to the future with hope and determination, continue to work together, learn from one another, and support one another to champion a world where all nations can chart their own course based on peace and international law. Also attending the state banquet were Marshall Islands Council of Iroij Chairman Lanny Kabua, Minister of Foreign Affairs and Trade Kalani R. Kaneko, Minister of Finance David Paul, Nitijela Standing Committee on Foreign Affairs and Trade Chairperson Joe Bejang, and Charge d’Affaires a.i. Anjanette Davis-Anjel of the Embassy of the Republic of the Marshall Islands.  

    Details
    2025-06-03
    President Lai and President Hilda C. Heine of Marshall Islands hold bilateral talks and witness signing of agreements
    On the morning of June 3, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, held bilateral talks with President Hilda C. Heine of the Republic of the Marshall Islands at the Presidential Office following a welcome ceremony with military honors for her and her husband. The leaders also jointly witnessed the signing of a letter of intent for sports exchanges and a memorandum of understanding regarding the Presidents’ Scholarship Fund. President Lai then presided over a launch ceremony for a loan program to purchase aircraft. In remarks, President Lai thanked the government and the Nitijela (parliament) of the Marshall Islands for their longstanding support for Taiwan’s international participation and for voicing staunch support for Taiwan at numerous international venues. President Lai said that Taiwan looks forward to continuing to deepen its diplomatic partnership with the Marshall Islands and build an even closer cooperative relationship across a range of fields, engaging in mutual assistance for mutual benefits and helping each other achieve joint and prosperous development to yield even greater well-being for our peoples. A translation of President Lai’s remarks follows: I once again warmly welcome President Heine, First Gentleman Thomas Kijiner, Jr., and our guests to Taiwan. During my visit to the Marshall Islands last year, I said that Taiwan and the Marshall Islands are truly a family. When Vice President Hsiao and I took office last year, President Heine led a delegation to Taiwan. It is now one year since our inauguration, and I am delighted to see President Heine once again, just as if I were seeing family arrive from afar. Through my visit to the Marshall Islands, I gained a profound sense of the friendship between the peoples of our two nations, well-demonstrated by bilateral exchanges in such areas as healthcare, agriculture, and education. And it is thanks to President Heine’s longstanding support for Taiwan that our countries have been able to further advance collaboration on even more issues, including women’s empowerment and climate change. In recent years, the geopolitical and economic landscape has changed rapidly. We look forward to Taiwan and the Marshall Islands continuing to deepen our partnership and build an even closer cooperative relationship. In just a few moments, President Heine and I will witness the signing of several documents, including a memorandum of understanding and a letter of intent, to expand bilateral cooperation in such fields as sports, education, and transportation. Taiwan will take concrete action to work with the Marshall Islands and advance mutual prosperity and development, writing a new chapter in our diplomatic partnership. I would also like to take this opportunity to express gratitude to the government and Nitijela of the Marshall Islands. In recent years, the Nitijela has passed annual resolutions backing Taiwan’s international participation, and President Heine and Marshallese cabinet members have been some of the strongest advocates for Taiwan’s international participation, voicing staunch support for Taiwan at numerous international venues. Building on the pillars of democracy, peace, and prosperity, Taiwan will continue to work with the Marshall Islands and other like-minded countries to deepen our partnerships, engage in mutual assistance for mutual benefits, and help one another achieve joint and prosperous development. I have every confidence that the combined efforts of our two nations will yield even greater well-being for our peoples and see us make even more contributions to the world. President Heine then delivered remarks, and began by conveying warm greetings of iokwe from the people and government of the Republic of the Marshall Islands to the people and government of the Republic of China (Taiwan). She said she was deeply honored to be in Taiwan for an official visit, and extended appreciation to President Lai and his government for their gracious invitation and warm welcome. President Heine stated that this year marks 27 years of diplomatic ties between our two nations, and that they are proud of this enduring friendship. This special and enduring relationship, she said, is grounded in our shared Austronesian heritage, and strengthened by mutual respect for each other’s democratic systems and our steadfast commitment to the core values of freedom, justice, and the rule of law. President Heine stated that Taiwan’s continued support has been invaluable to the people and national development of the Marshall Islands, particularly in the areas of health, education, agriculture, and climate change. She also expressed deep appreciation to Taiwan for providing Marshallese students with opportunities to study in Taiwan, and for the care extended to Marshallese who travel here for medical treatment. President Heine also announced that she would be presenting a copy of a resolution by the people and government of the Republic of the Marshall Islands reiterating their appreciation for the support provided by the people and government of the Republic of China (Taiwan), and calling on the United Nations to take immediate action to resolve the inappropriate exclusion of Taiwan’s 23 million people from the UN system. She added that she looked forward to the bilateral discussions later that day, and to continuing the important work that both countries carry out together. After the bilateral talks, President Lai and President Heine witnessed the signing of a letter of intent regarding sports exchanges and a memorandum of understanding regarding the Presidents’ Scholarship Fund by Minister of Foreign Affairs Lin Chia-lung (林佳龍) and Marshallese Minister of Foreign Affairs and Trade Kalani R. Kaneko. President Lai then presided over a launch ceremony for a loan program to purchase aircraft, marking the formal beginning of Taiwan-Marshall Islands air transport cooperation. The visiting delegation also included Council of Iroij Chairman Lanny Kabua, Minister of Finance David Paul, and Nitijela Standing Committee on Foreign Affairs and Trade Chair Joe Bejang. They were accompanied to the Presidential Office by Charge d’Affaires a.i. Anjanette Davis-Anjel of the Embassy of the Republic of the Marshall Islands.

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News

  • MIL-OSI Banking: Joint Press Release of the 32nd ASEAN-EU Joint Cooperation Committee (JCC) Meeting

    Source: ASEAN

    The Association of Southeast Asian Nations (ASEAN) and the European Union (EU) held their 32nd Joint Cooperation Committee (JCC) Meeting on Monday, 16 June 2025 in Jakarta, Republic of Indonesia.
     
    The two sides reviewed recent developments in their respective regions since the last JCC Meeting held on 8 May 2024, including the challenging global geopolitical context. The two sides reaffirmed their shared commitment to strengthening the rules-based multilateral system through the promotion of effective multilateralism, as well as to respecting and promoting international law and international norms and standards. They reiterated their shared commitment to support ASEAN Centrality and ASEAN-led mechanisms. They confirmed their shared determination to promote peace, security, and stability and prosperity, including through the four priority areas of the ASEAN Outlook on the Indo-Pacific (AOIP) and the seven priority areas of the EU Strategy for Cooperation in the Indo-Pacific, and the protection of human rights and fundamental freedoms.
     
    ASEAN and the EU took stock of their extensive cooperation and explored ways to reinforce their strategic partnership, with a view to improving the security and the quality of life of their citizens, increase connectivity between the two regions, and respond to global challenges. The two sides reviewed the implementation of the Plan of Action to Implement the ASEAN-EU Strategic Partnership (2023-2027), welcoming the progress achieved since their previous meeting, with 61% percent of action lines addressed.
     
    The two sides welcomed the ongoing roll-out of the EU’s Global Gateway, including the implementation of Sustainable Connectivity and the Green Team Europe Initiatives. They expressed their pleasure that all projects under the EU-ASEAN Sustainable Connectivity Package (SCOPE) were now operational, spanning trade, people-to-people connectivity, transport, energy, and digital connectivity. The EU expressed its intention to scale up support for the ASEAN Power Grid, drawing on its experience with energy market integration within the EU. ASEAN also encouraged the EU to actively support the ASEAN Connectivity Strategic Plan (ACSP).
     
    ASEAN and the EU discussed their cooperation in the field of peace and security, including through the ASEAN Regional Forum (ARF). They underscored the importance of strengthening their cooperation in cybersecurity and on maritime security, including through the ASEAN-EU High-Level Dialogue on Maritime Security Cooperation.
     
    The two sides discussed their cooperation on trade and economic issues, focusing in the short and medium term on areas of mutual interest including the digital economy, green technologies and green services, and supply chain resilience, while also reaffirming their intention to pursue more concrete sectoral cooperation in areas of mutual interest as building blocks toward an eventual ASEAN-EU Free Trade Agreement (FTA). They welcomed the ongoing work of the ASEAN-EU Joint Working Group for Trade and Investment, and looked forward to the 21st ASEAN Economic Ministers-EU Trade Commissioner Consultation in September 2025, as well as the launch of the SCOPE Trade project in the coming months. They also recognised the importance of a predictable, transparent, free, fair, inclusive, sustainable and rules-based multilateral trading system, with the World Trade Organisation (WTO) at its core.
     
    They looked forward to the convening of the Fourth Joint Working Group on Palm Oil between the European Union and Relevant ASEAN Member States to continue promoting mutual understanding on the sustainable production of vegetable oils and addressing the challenges in this sector in a holistic, transparent, and non-discriminatory manner.
     
    ASEAN and the EU discussed their cooperation on socio-cultural issues, reiterating their commitment to promoting sustainable development and addressing the global challenges of climate change, biodiversity loss and environmental protection. They also underlined their shared interest in further engagement in the field of Disaster Management and Emergency Response, notably between the ASEAN Coordinating Centre for Humanitarian Assistance on Disaster Management (AHA Centre) and the EU’s Emergency Response Coordination Centre (ERCC).
     
    ASEAN welcomed the EU’s contributions towards ASEAN Community-building and regional integration efforts, and called on the EU to continue its support for the implementation of the ASEAN 2045: Our Shared Future, as well as ASEAN’s efforts to narrow the development gap through the Initiative for ASEAN Integration (IAI).
     
    The meeting was co-chaired by Ambassador Latifah Zaini, Permanent Representative of Brunei Darussalam to ASEAN, and by Ms. Leila Fernández Stembridge, Head of the South-East Asia Division of the European External Action Service, together with Mr. Mario Ronconi, Head of Unit for South and South-East Asia, European Commission Directorate-General for International Partnerships. It was attended by members of the Committee of Permanent Representatives to ASEAN and officials from the EU institutions, as well as officials from the ASEAN Secretariat. EU Member States, Timor-Leste, and the European Investment Bank also attended the meeting as observers.

     
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    MIL OSI Global Banks

  • MIL-OSI United Kingdom: Aberdeen becomes first Scottish university with plans to open campus in India The University has taken a significant step forward in its global expansion ambitions after India’s University Grants Commission granted permission to progress with proposals to open a branch campus in Mumbai with a target launch of September 2026.

    Source: University of Aberdeen

    British High Commissioner H.E. Lindy Cameron, Secretary Higher Education & Acting Chairman University Grants Commission (UGC) Shri Vineet Joshi, Union Education Minister Shri Dharmendra Pradhan, Professor Siladitya Bhattacharya, Vice-Principal Global Engagement at the University of Aberdeen; and Chief Minister of Maharashtra, Shri Devendra Fadnavis.

    The University has taken a significant step forward in its global expansion ambitions after India’s University Grants Commission granted permission to progress with proposals to open a branch campus in Mumbai with a target launch of September 2026.
    The University of Aberdeen is the first of the UK’s ancient universities and the first Scottish university to be granted permission for a branch campus in India. The proposal will now go to the University’s governing body Court for approval next month.
    The successful application to the Indian Government followed discussions – which are ongoing – with the UGC and the University’s Transnational Education partners in India.
    The University was granted a Letter of Intent at a special ceremony on Saturday (June 14) in Mumbai hosted by the Indian Government.
    The proposals underpin the University’s commitment to India and its vision of fostering world-class education, cutting-edge research and transformative innovation in collaboration with Indian institutions.
    Building on decades of University partnerships with more than 200 Indian universities and research centres including IITs – the Indian Institutes of Technology; AIIMS – All India Institute of Medical Sciences; Manipal Academy, ICAR – Indian Council of Agricultural Research and Delhi University, the proposed branch campus would be a hub for academic excellence and global problem-solving.
    Aligned with India’s National Education Policy 2020, the proposed campus would initially offer programmes in Computing and Data Science, Business Management, Economics, Artificial Intelligence and an MBA with future expansion into Mathematics and International Business Management and Information Systems, Public Health, Film Studies and Psychology – strategic areas where Aberdeen and India share common priorities.

    As the first Scottish university to be granted permission to set up a campus in India, this is more than just an institutional milestone; it underscores how education can serve as a bridge between nations, fostering cultural exchange, mutual respect, and creating global opportunities for students and academics alike.” Alison Barrett MBE, Country Director India at the British Council

    A follow up second phase would see the University aim to establish a research and innovation office on the proposed new campus to expand research collaborations and industry partnerships in critical areas such as AI, Energy and Life Sciences.
    Professor Siladitya Bhattacharya, Vice-Principal Global Engagement at the University of Aberdeen, said: “We are excited to progress our global ambitions after the Indian Government gave us approval to proceed with our intention for a campus. As a country of over 1.4 billion where 50% of the population are below the age of 25, India has long been a priority area for our global engagement strategy focusing on student recruitment, articulation partnerships, research collaborations and alumni networks.
    “The proposed campus aims to empower students, accelerate joint research with Indian partners and contribute to India’s dynamic knowledge economy. By combining the University of Aberdeen’s research expertise with India’s innovation ecosystem, this initiative aims to tackle global challenges while enabling student exchange, faculty collaboration and industry-led innovation.
    “It also reinforces the University of Aberdeen’s role as a leader in international education, committed to shaping the future of global higher education and strengthening the deep and historic ties between India and the UK.
    “We are looking forward to collaborating with our Indian partners to bring this vision to life and further bolster ties between Scotland and India through education and research.”
    Alison Barrett MBE, Country Director India at the British Council, said: “The University of Aberdeen’s decision to progress with a campus in Mumbai marks an important moment in deepening the education partnership between India and the UK. It reflects our shared commitment to advancing the internationalisation of higher education, research, and innovation, as envisioned in India’s National Education Policy 2020.
    “As the first Scottish university to be granted permission to set up a campus in India, this is more than just an institutional milestone; it underscores how education can serve as a bridge between nations, fostering cultural exchange, mutual respect, and creating global opportunities for students and academics alike. We are proud to support initiatives that bring world-class education closer to students in India.”

    MIL OSI United Kingdom