Category: Middle East

  • MIL-OSI: Provident Bank Expands Newark Presence with New Branch, Reinforces Commitment to Local Community

    Source: GlobeNewswire (MIL-OSI)

    ISELIN, N.J., June 10, 2025 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution, announced the formal opening of its fourth branch in Newark, N.J., demonstrating its ongoing commitment to serving the financial needs of local businesses and consumers. The new branch, led by Israel Morales, Vice President, will be conveniently located on the ground floor of the Ironside Newark Building at 110 Edison Place (between the Prudential Center and train station) and includes an ATM.

    “We are excited to announce the newest branch in the City of Newark,” said Vito Giannola, Executive Vice President and Chief Banking Officer at Provident Bank. “This new location is part of our extensive network of more than 140 branches and further demonstrates our deep commitment to the communities we serve. With this new office, we will be focused on providing the Newark community with a convenient in-person experience and access to experienced, knowledgeable bankers who will assist local residents with their banking and lending needs.”

    As part of its ongoing community engagement program, Provident Bank also announced it has partnered with three local non-profit organizations: Habitat for Humanity of Greater Newark, St. John’s Soup Kitchen, and Greater Life. Each organization received $2,500 during the bank’s ribbon cutting ceremony earlier this week, celebrating the city of Newark and this new branch office.

    “This branch deepens Provident’s commitment and history of providing equitable access to credit and banking services to the consumers and small businesses of New Jersey’s largest city of more than 300,000 residents,” said Roxanne Camejo, Community Development Officer, Provident Bank. “Beyond banking, we are proud to directly invest in Newark’s future by donating to three impactful local charities, strengthening vital community programs.”

    About Provident Bank
    Founded in Jersey City in 1839, Provident Bank is the oldest community-focused financial institution based in New Jersey and is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS). With assets of $24.22 billion as of March 31, 2025, Provident Bank offers a wide range of customized financial solutions for businesses and consumers with an exceptional customer experience delivered through its convenient network of more than 140 branches across New Jersey and parts of New York and Pennsylvania, via mobile and online banking, and from its customer contact center. The bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company, and insurance services through its wholly owned subsidiary, Provident Protection Plus, Inc. To learn more about Provident Bank, go to www.provident.bank or call our customer contact center at 800.448.7768.

    Media Contact:
    Keith Buscio
    Keith.Buscio@provident.bank

    Vested
    Providentbank@fullyvested.com

    Photos accompanying this announcement are available at: 
    https://www.globenewswire.com/NewsRoom/AttachmentNg/f727ccb5-4887-40f2-b76c-c766b85be747
    https://www.globenewswire.com/NewsRoom/AttachmentNg/7b9f9fa2-167d-45c3-be5c-d6f776b0b5ff
    https://www.globenewswire.com/NewsRoom/AttachmentNg/1cb1f5ad-11e0-495e-a39a-86b9add17742
    https://www.globenewswire.com/NewsRoom/AttachmentNg/64a1baa3-2fc0-4d55-8ec3-c93c47314282

    The MIL Network

  • MIL-OSI Europe: ASIA/LEBANON – MECC TV: The Middle East Council of Churches launches an ecumenical television channel

    Source: Agenzia Fides – MIL OSI

    MECC

    Lebanon (Agenzia Fides) – A new “ecumenical” television and radio station is intended as an instrument of shared witness for the churches and ecclesial communities of the Middle East. The new channel, MECC TV, began its experimental test broadcasts today, June 10. It is a new media initiative of the Middle East Council of Churches (MECC), which celebrated the 50th anniversary of its founding in 1974.The initiative was presented at a press conference yesterday, Monday, June 9, in Beirut, at the headquarters of the MECC General Secretariat.During the press conference, MECC Media Relations Officer Lea Adel Maamary emphasized that the primary role of Christian media “amidst dangers and surprises is to give its people strength” and to help preserve the historical and ecclesiastical heritage of individual Churches. Jordanian priest Rifaat Bader, initiator and editor-in-chief of the news portal “abouna.org,” who also participated in the conference, emphasized that the ecumenical initiative, which aims to unite Christians in proclaiming the Gospel through the media, is taking shape at a time when the 1,700th anniversary of the Council of Nicaea, which formulated the common creed still recited by the various denominations today, is being celebrated.Professor Michel Abs, Secretary General of the MECC, pointed out in his contribution as an academic and analyst of social processes that, in modern times, the manipulation of information can go so far as to constitute a real crime, while the sharing and dissemination of information for the common good “represents a human, national, and religious duty.”Founded in Nicosia in 1974 and currently based in Beirut, the Ecumenical Council of Churches of the Middle East aims to facilitate cooperation among the Christian communities of the Middle East on issues of common interest and to contribute to overcoming denominational differences.Approximately 30 members of several “ecclesial communities” – the Catholic, the Orthodox, Eastern Orthodox, and Evangelical – are members of the Council. (GV) (Agenzia Fides, 10/6/2025)
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    MIL OSI Europe News

  • Israeli gunfire kills 17 people near Gaza aid site, health officials say

    Source: Government of India

    Source: Government of India (4)

    Israeli gunfire killed at least 17 Palestinians and wounded dozens as thousands of displaced people approached an aid distribution site of a U.S.-backed humanitarian group in central Gaza on Tuesday, local health authorities said.

    Medics said the casualties were rushed at two hospitals, the Al-Awda Hospital in Nuseirat camp in central Gaza, and the Al-Quds in Gaza City, in the north.

    The Israeli military said its forces fired warning shots at “suspects who were advancing in the area of Wadi Gaza and posed a threat to the troops.” It added that it was aware of reports that several were injured, but argued numbers released by local health authorities did not align with the information they collected.

    “The warning shots were fired hundreds of meters from the aid distribution site, prior to its opening hours and toward the suspects who posed a threat to the troops,” the military added.

    Last week it warned Palestinians not to approach routes leading to sites of the U.S.-backed Gaza Humanitarian Foundation (GHF) between 6 p.m. and 6 a.m. local time, describing these roads as closed military zones.

    There was no immediate GHF comment on Tuesday’s incident.

    The GHF began distributing food packages in Gaza at the end of May, overseeing a new model of aid distribution which the United Nations says is neither impartial nor neutral.

    Many Gazans say they have to walk for hours to reach the sites, meaning they have to start travelling well before dawn if they are to stand any chance of receiving food.

    While the GHF has said there have been no incidents at its so-called secure distribution sites, Palestinians seeking aid have described disorder, and access routes to the sites have been beset by chaos and deadly violence.

    “I went there at 2 a.m. hoping to get some food, on my way there, I saw people returning empty-handed, they said aid packages have run out in five minutes, this is insane and isn’t enough,” said Mohammad Abu Amr, 40, a father of two.

    “Dozens of thousands arrive from the central areas and from the northern areas too, some of them walked for over 20 km (12 miles), only to come back home with disappointment,” he told Reuters via a chat app. He said he heard the firing but did not see what happened.

    Later on Tuesday, local health authorities said an Israeli strike on a house in Deir al-Balah in central Gaza Strip killed eight people, taking Tuesday’s death toll to at least 25.

    The Israeli military said separately, it intercepted one rocket fired from northern Gaza towards Israeli territories, which signalled Hamas and other militant group remained able to fire the weapons despite Israeli devastation of their arsenal.

    Israel allowed limited U.N.-led operations to resume on May 19 after an 11-week blockade in the enclave of 2.3 million people, where experts have warned a famine looms. The U.N. has described the aid allowed into Gaza as “drop in the ocean.”

    Witnesses said at least 40 trucks carrying flour for U.N. warehouses were looted by desperate displaced Palestinians as well as thieves near Nabulsi roundabout along the coastal road in Gaza City.

    The war erupted after Hamas-led militants took 251 hostages and killed 1,200 people, most of them civilians, in the Oct. 7, 2023, attack, Israel’s single deadliest day.

    Israel’s military campaign has since killed more than 54,000 Palestinians, most of them civilians, according to health authorities in Gaza, and flattened much of the coastal enclave.

    (Reuters)

  • MIL-OSI: eToro Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — eToro Group Ltd. (“eToro”, or the “Company”) (NASDAQ: ETOR), the trading and investing platform, today announced financial results for the first quarter ended March 31, 2025.

    “I am incredibly proud of the eToro team for producing strong first quarter results and the successful completion of our initial public listing. As a business that champions access to capital markets, we are excited to now be part of those markets. The retail investor of 2025 is informed and connected and we’re encouraged to see their trading behavior enabling them to benefit from market opportunities. We believe that AI is turbo-charging the reshaping of the investing landscape and we’re excited to be at the forefront of this transformation. As a global community that empowers retail investors, we are well positioned to drive sustainable growth and profitability over time, creating further value for our shareholders,” commented Yoni Assia, CEO and Co-founder of eToro.

    First Quarter 2025 Financial Highlights

    • Net contribution increased by 8% year on year to $217 million, compared to $201 million in the first quarter of 2024, driven primarily by increased trading activity.
    • Net income (GAAP) was $60 million, compared to $64 million in the first quarter of 2024 due to increased investment in marketing and growth in response to favorable market conditions.
    • Adjusted EBITDA (non-GAAP) was $80 million compared to $87 million in the first quarter of the prior year reflecting the investments referenced above. Adjusted EBITDA margin was 37%, compared to 43% in the prior year period.1
    • Funded accounts increased 14% year on year to 3.58 million compared to 3.13 million in the first quarter of 2024. This was driven primarily by ongoing user acquisition and retention efforts, as well as the acquisition of Australian investing app Spaceship in 2024.
    • Assets under Administration grew by 21% year on year to $14.8 billion compared to $12.2 billion.
    • Cash, cash equivalents and short term investments were $736 million as of March 31, 2025.

    1 See “Non-GAAP Financial Metrics and Key Performance Indicators” below for additional information and a reconciliation to GAAP for all Non-GAAP financial metrics. Adjusted EBITDA margin is based on net contribution.

    “Our results show strong business performance for Q1 with an increase in net contribution driven by increased trading activity and our continued focus on sustainable, profitable growth. In the first quarter, in response to the market environment, we increased investment in marketing and growth,” said Meron Shani, eToro CFO.

    Business Highlights
    eToro continued to focus on sustainable, profitable growth in Q1, launching products and services to support users at every stage of their investing journey.

    • Trading: eToro continues to expand and develop the range of assets and tools users need to trade the global markets. In the first quarter, eToro launched futures in Europe and options in the UK. With the addition of 40 more tokens, eToro now offers trading in over 130 cryptoassets. The Company also extended trading hours by offering a number of stocks and ETFs for 24/5 trading.
    • Investing: eToro added stocks from the Abu Dhabi and Hong Kong stock exchanges and now offers users the ability to invest in companies listed on more than 20 of the world’s leading exchanges. It continued to grow its range of Smart Portfolios with the launch of a commodities portfolio in partnership with WisdomTree, and a portfolio offering 100% capital protection. As part of the Company’s commitment to offer its users access to interest earning assets, eToro launched securities lending to users in Europe, and expanded crypto staking to include DOT and ATOM.
    • Wealth management: As part of its long-term investment strategy, in the first quarter, eToro introduced a new self-directed offering as part of its UK ISA and introduced recurring investments for stocks, ETFs and crypto allowing users to make regularly scheduled investments. The Company also initiated the integration of Spaceship and the expansion of its Australian offering to include superannuation solutions.
    • Neo-banking: In the first quarter, eToro began the roll out of crypto to fiat enabling users to transfer their crypto to eToro and diversify into other asset classes. As part of the expansion of the eToro Money offering, eToro partnered with local financial institutions to offer local virtual bank accounts in multiple countries. The Company also continued to expand the ability for users to trade local stocks using local currencies.
    • Financial education and AI: eToro is committed to empowering its users to grow their financial knowledge with accessible and engaging content. The Company is leveraging AI to accelerate the production and translation of education materials and now offers more than 3,000 articles, videos, podcasts and webinars in 11 languages.
    • Regulatory developments: In Q1, eToro was granted a MiCA permit by CySec which enables the provision of crypto services across the EU. As long-term supporters of crypto, this is a key milestone and eToro welcomes the regulatory clarity and uniform rules provided by MiCA which it believes will foster greater crypto adoption across Europe. The Company also achieved a SOC 2 Type II compliance certification which demonstrates its strong commitment to operational excellence throughout its crypto custody operations.

    Second Quarter 2025 Update

    • The performance of the business through May 31, 2025 reflects continued progress and interest in trading and investing from retail investors in response to market events.
    • As of May 31, 2025 eToro had 3.61 million funded accounts and $16.9 billion in Assets under Administration.

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

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

    ETORO GROUP LTD.
    CONDENSED CONSOLIDATED BALANCE SHEETS
    U.S. dollars in thousands

        March 31,   December 31,
        2025   2024
        Unaudited   Audited
    Assets        
    Current assets:        
    Cash and cash equivalents   660,060     575,395  
    Restricted cash   319     314  
    Short-term investment   76,000     65,000  
    Counterparties   240,842     224,867  
    Cryptoassets   99,761     113,279  
    Receivable from omnibus accounts   10,905     50,466  
    Other receivables and prepaid expenses   49,795     46,005  
        1,137,682     1,075,326  
             
    Non-current assets:        
    Restricted cash   11,751     11,630  
    Right of use assets   43,054     44,406  
    Property and equipment, net   4,965     5,007  
    Goodwill and other intangible assets, net   45,564     46,346  
    Deferred taxes   12,708     8,647  
        118,042     116,036  
             
    Total Assets   1,255,724     1,191,362  
             
    Liabilities and equities        
    Current liabilities:        
    Accounts payable   5,768     4,201  
    Current maturities of long-term lease liabilities   4,940     4,758  
    Payable to users   115,290     103,493  
    Accrued expenses and other payables   176,718     193,115  
        302,716     305,567  
             
    Non-current liabilities:        
    Employee benefit liabilities, net   1,202     1,253  
    Long-term lease liabilities   42,447     43,546  
    Deferred taxes liabilities   7,210     2,968  
    Other long-term liabilities   7,484     5,653  
        58,343     53,420  
             
    Equity attributable to equity holders of the company:        
    Common share premium   479,036     474,469  
    Preferred share premium   397,019     397,019  
    Treasury shares   (2,625 )   (2,625 )
    Advanced Investment Agreement   9,091     9,091  
    Other capital reserve   (361 )   1,868  
    Retained Earnings (Accumulated deficit)   12,505     (47,447 )
        894,665     832,375  
    Total liabilities and equity   1,255,724     1,191,362  

    ETORO GROUP LTD.
    CONDENSED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
    AND OTHER COMPREHENSIVE INCOME (LOSS)
    U.S. dollars in thousands

        Three months ended
    March 31,
        2025   2024
        Unaudited   Unaudited
             
    Revenue and income:        
    Net trading income from equities, commodities and currencies   96,837     73,098  
    Revenue from cryptoassets   3,500,800     3,293,120  
    Net trading income (loss) from cryptoassets derivatives   77,051     (56,767 )
    Net interest income from users   52,618     49,318  
    Currency conversion and other income   23,911     21,403  
    Other interest income   4,164     3,348  
    Total revenue and income   3,755,381     3,383,520  
             
    Costs:        
    Cost of revenue from cryptoassets   3,528,853     3,173,766  
    Margin interest expense   9,159     8,650  
    Research and development   36,621     33,166  
    Selling and marketing   61,222     37,342  
    General, administrative and operating costs   49,502     56,042  
    Finance and other expenses, net   (517 )   928  
    Total costs   3,684,840     3,309,894  
             
    Income before taxes on income   70,541     73,626  
    Taxes on income   10,589     9,516  
    Net income   59,952     64,110  
             
    Other comprehensive income, net:        
    Items that may be reclassified subsequently to profit or loss:        
    Cash flow hedges, net of tax   (2,229 )    
    Other comprehensive loss for the year, net of tax   (2,229 )    
             
    Total comprehensive income   57,723     64,110  
             
    Basic net income per share   0.79     0.85  
    Diluted net income per share   0.69     0.76  
             
    Weighted-average shares of common shares used to compute net income per share attributable to common shareholders:      
    Basic   75,712,289     75,040,326  
    Diluted   86,576,130     84,239,189  

    ETORO GROUP LTD.
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    U.S. dollars in thousands

        Three months ended
    March 31,
        2025   2024
        Unaudited   Unaudited
             
    Cash flows from operating activities:        
    Net income   59,952     64,110  
             
    Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
    Adjustments to profit or loss items:        
    Depreciation, amortization and impairment   3,011     2,590  
    Share-based payment   4,287     8,891  
    Evaluation of contingent liability   1,831      
    Revaluation of fair value of cryptoassets and counterparties   51,830     (2,004 )
    Non-cash revenue from staking and blockchain rewards   (8,723 )   (3,877 )
    Non-cash costs from staking and blockchain rewards   5,847     2,441  
    Finance and other expenses, net   (517 )   928  
    Taxes on income, net   10,589     9,516  
        68,155     18,485  
    Changes in asset and liability items:        
    Increase of counterparties   (68,235 )   (67,300 )
    Decrease (increase) of cryptoassets   13,154     (8,196 )
    Increase of other receivables and prepaid expenses   (7,029 )   (15,427 )
    Increase of restricted cash   (124 )   (77 )
    Increase (decrease) of accounts payable   (670 )   13,043  
    Increase of user and omnibus accounts, net   48,901     38,842  
    Increase (decrease) of accrued expenses and other payables   (19,753 )   11,677  
    Decrease of employee benefit liabilities, net   (29 )   (439 )
        (33,785 )   (27,877 )
    Interest received (paid), net during the year   967     (1,235 )
    Taxes paid, net during the year   (5,557 )   (2,600 )
    Net cash provided by operating activities   89,732     50,883  
             
    Cash flows from investing activities:        
    Increase of short-term investments   (11,000 )    
    Purchase of property and equipment   (522 )   (1,712 )
    Purchase of intangible assets   (57 )    
    Net cash used in investing activities   (11,579 )   (1,712 )
             
    Cash flows from financing activities:        
    Exercise of options   280     211  
    Repayment of lease liability   (1,147 )   (909 )
    Net cash used in financing activities   (867 )   (698 )
             
    Exchange differences on balances of cash and cash equivalents   7,379     (3,579 )
             
    Increase in cash and cash equivalents   84,665     44,894  
             
    Cash and cash equivalents at beginning of year   575,395     388,334  
             
    Cash and cash equivalents at end of year   660,060     433,228  


    Non-GAAP Financial Metrics and Key Performance Indicators

    This press release and the accompanying tables contain certain non-GAAP financial metrics which differ from results prepared in accordance with GAAP. These non-GAAP financial metrics include: Adjusted EBITDA, which is defined as net income (loss) adjusted to exclude finance and other expenses, net, taxes on income, share-based payment expense, depreciation and amortization, employee non-cash expense, one-time transaction costs and other expense (income).

    eToro believes that these non-GAAP financial metrics may be helpful to investors because they provide consistency and comparability with past financial performance. Additionally, eToro management regularly review certain key performance metrics and non-GAAP financial metrics to evaluate its business, measure its performance, identify trends, prepare financial projections and make business decisions. However, non-GAAP financial metrics are presented for supplemental informational purposes only, have limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Other companies, including companies in eToro’s industry, may calculate similarly titled non-GAAP financial metrics differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of these non-GAAP financial metrics as tools for comparison. A reconciliation is provided below for the non-GAAP financial metrics to the most directly comparable financial metric stated in accordance with GAAP.

    ETORO GROUP LTD.
    RECONCILIATION OF NON-GAAP METRICS
    U.S. dollars in thousands

        Three months ended
        March 31,
        2025   2024
        Unaudited   Unaudited
             
    Net income   59,952     64,110
    Finance expense, net   (517 )   928
    Taxes on income   10,589     9,516
    Share-base payment expense   4,287     8,891
    Depreciation, amortization, and impairment   3,010     2,590
    Employee non-cash expense2   (1,049 )   595
    Transaction related costs3   2,091     247
    Evaluation of contingent liability4   1,831    
             
    Adjusted EBITDA   80,194     86,877

     

    2Employee non-cash expense is related to payroll expenses recorded in respect of the non-withdrawable amount (“NWA”) over the employee’s vesting period.
    3Transaction related costs include transaction costs associated with the initial public offering.
    Evaluation of contingent liability is related to the commitment to issue shares as part of the Spaceship acquisition. Due to an increase in the share price, an evaluation was performed.

    Definitions of Certain Key Performance Indicators

    Adjusted EBITDA: Adjusted EBITDA is a non-GAAP financial metric that we define as net income (loss) adjusted to exclude finance and other expenses, net, taxes on income, share-based payment expense, depreciation and amortization, employee non-cash expense, one-time transaction costs and other expense (income).

    Assets under administration: Assets under administration (‘AUA’) are defined as the aggregate of the following: (i) the total fair value of all equities, cryptoassets, commodities, currencies and options held by users in their accounts, (ii) cash held by users in their accounts, (iii) eToro Money balances, (iv) users’ cryptoassets held in the eToro digital wallet, (v) users’ assets held by 3rd parties partners for execution or custody services.

    Funded Accounts: Funded Accounts are users who have completed KYC, AML and other onboarding processes, activated their account, deposited funds, executed at least one trade at any time and have a positive account balance (invested or uninvested). Funded Accounts represent the deepest level of our user acquisition funnel and are the users from whom we generate Total Commission.

    Interest Earning Assets: Interest Earning Assets are the average monthly balances of users’ cash balances, corporate cash, users’ total leveraged positions and stakeable cryptoassets.

    Net Contribution: Net Contribution reflects Total revenue and income, less the Cost of revenue from cryptoassets and Margin interest expense. We use Net Contribution to evaluate the net contributions of our users’ activity on our platform before considering the overhead costs associated with our operations.

    Net Contribution consists of the following five components, each representing revenue or income divided across our products based on the distinct patterns upon which we monetize users’ activity on the platform. We evaluate the performance of our business and our success in both diversification and risk management across these five components:

    • Net Trading Contribution (Equities, Commodities and Currencies) is equal to our Net trading income from equities, commodities and currencies.
    • Net Trading Contribution (Cryptoassets) is equal to Revenue from cryptoassets plus Net trading income (loss) from cryptoasset derivatives less Cost of revenue from cryptoassets, excluding the net contributions from blockchain rewards and staking activity.
    • Net Interest Contribution represents Net interest contribution from users plus Other interest income plus the net contributions of staking activity, less Margin interest expense.
    • eToro Money comprises the vast majority of our Currency conversion and other income. It represents the income earned from our money management services, including currency conversions, withdrawals, interchange on our debit card, transfers of cryptoassets, and fees relating to our cryptoasset wallet services.
    • Subscriptions and Other is the remainder of Currency conversion and other income not attributable to eToro Money plus the net contributions of blockchain rewards.

    Net Income
    Net income represents the company’s total earnings or profit for a given period, calculated as total revenue minus all expenses, including operating costs, depreciation, interest, taxes, and other income or expenses. It reflects the company’s overall profitability according to GAAP standards.

    Cautionary Note Regarding Forward-Looking Statements

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

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

    Source: eToro Group Ltd.

    The MIL Network

  • MIL-OSI: Gilat Secures $27 Million for Gilat’s Stellar Blu Portfolio

    Source: GlobeNewswire (MIL-OSI)

    PETAH TIKVA, Israel, June 10, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that its Commercial Division secured $27 million for Gilat Stellar Blu’s ESA Terminal technology. Deliveries are expected primarily over the next 12 months.

    Gilat Stellar Blu’s compact, high-performance, multi-orbit ESA terminal, technology, products and solutions are gaining traction across the aviation market as they are designed to meet the increasing connectivity demands of commercial, business and defense airborne platforms. The platform enables high-capacity communications with the agility and scalability required for next-generation aviation networks.

    The market for airborne communications is seeing strong momentum, with sustained investment from all sectors. This trend supports continued demand for innovative, high-value connectivity solutions worldwide.

    “These orders and deliveries represent an important step forward in the continued expansion of our Sidewinder platform,” said Tracy Trent, President of Gilat Stellar Blu. With Gilat Stellar Blu’s innovation and momentum, we’re enabling more and more agile, scalable, and mission-critical airborne communications solutions for commercial, business and defense sectors.”

    About Gilat

    Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

    Together with our wholly owned subsidiaries—Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu—we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.

    Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com

    Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the hostilities between Israel and Hamas. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

    Contact:

    Gilat Satellite Networks
    Hagay Katz, Chief Product and Marketing Officer
    hagayk@gilat.com

    Alliance Advisors:
    GilatIR@allianceadvisors.com
    Phone: +1 212 838 3777

    The MIL Network

  • MIL-OSI: Eternex Network (eTRNX) Completes Successful Phase 1 of IEO — Aims to Reshape Global Finance with Tokenized Real-World Assets and AI-Powered Investing

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 10, 2025 (GLOBE NEWSWIRE) — eTRNX Network, the next-generation blockchain ecosystem built for emerging markets, has officially concluded Phase 1 of its Initial Exchange Offering (IEO) with resounding success. With listings across major IEO platforms-P2PB2B, Dex-Trade, and BitStorage—the project has captured global investor attention by delivering on its promise: real-world blockchain utility, not just market speculation.

    As Phase 2 of the IEO approaches completion, early participants still have a chance to secure positions before the next wave of utility rollouts, token unlocks, and exchange listings.

    Finance Without Borders, Barriers, or Banks

    While most DeFi projects chase hype, eTRNX focuses on substance-building an ecosystem that democratizes access to income-generating assets and powerful financial tools. Designed to serve populations in Africa, Asia, and the Middle East, the project delivers:

    Tokenized REITs: Own fractions of global real estate and earn automated monthly rental yields via smart contracts.

    Money Market Funds (MMFs): Blockchain-powered access to traditionally exclusive low-risk investments.

    AI-Powered Portfolio Management: From automated asset rebalancing to risk detection, eTRNX puts institutional-grade AI in the hands of everyday users.

    Multi-Chain Utility: Operating across Tron, Stellar, and Solana for ultra-fast, low-cost, and borderless transactions.

    Staking with up to 30% APY: A deflationary model that rewards long-term holders while helping to stabilize token velocity.

    Decentralized Governance: 1 token = 1 vote. Token holders shape the future of the protocol via treasury proposals and upgrades.

    Phase 1 Success, Phase 2 Closing Fast

    With the completion of Phase 1 IEO of eTRNX tokens thousands of early backers onboarded, the project’s Phase 1 IEO marked a significant milestone in its roadmap. Strategic partnerships are in development for token utility, staking platforms, and REIT infrastructure deployment.

    Now, with Phase 2 nearly 50% filled, investors can still access the project at an early valuation before the next pricing stage activates.

    Join the IEO Before It Ends

    Participate across the following launchpads:

    What’s Coming Next?

    Deployment of the eTRNX Tokenized REIT marketplace
    Launch of smart investment dashboards with AI integration
    Multichain wallet support and cross-border payment gateway
    Community governance framework + first treasury proposals

    eTRNX is committed to solving real-world financial access problems using blockchain technology, AI, and an inclusive, compliance-aware ecosystem architecture.

    About eTRNX Network

    eTRNX Network is a blockchain-based financial infrastructure platform offering fractional real estate ownership, tokenized money market funds, and AI-automated investing tools. Built to empower underserved global communities, the project merges transparency, scalability, and long-term value in a multichain architecture.

    Stay Connected for Official Updates

    For the latest news and release schedules, join the official channels:

    Website: https://www.etronnetwork.org
    Twitter: https://x.com/eTRNXOFFICIAL
    Telegram: https://t.me/etrnx01

    Media Contact Details:

    Company Name: Etron Network
    Company Website: https://www.etronnetwork.org/
    Company Email: Esther@etronnetwork.org
    Concerned Person: Esther Kendi

    Disclaimer: This press release is provided by Eternex Network. 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/2f297b1e-b147-4ec9-815b-3d35f6f6d982

    The MIL Network

  • MIL-OSI United Kingdom: Ratcliffe writes to Parades Commission and PSNI in aftermath of anti-Israel parade

    Source: Traditional Unionist Voice – Northern Ireland

    Statement by TUV party chairman Cusher councillor Keith Ratcliffe:

    “What happened in Scarva on Saturday should never have been allowed to happen.

    “I formally objected to this parade in advance warning both the PSNI and the Parades Commission that it was deeply inappropriate to route a politically-charged march through a quiet Unionist village with strong support for Israel. Those warnings were ignored. The result was entirely predictable: provocation, disorder, and division.

    “We were told the parade would stick to the towpath. Instead, participants made their way onto Scarva Main Street. Residents were confronted with chanting that included pro-IRA slogans and the antisemitic cry of “From the river to the sea” — a slogan rightly recognised as a call for the destruction of the state of Israel.

    “This was not a peaceful demonstration. It was a deliberate and coordinated display designed to provoke. The failure of the PSNI to properly monitor or restrict this parade, and the Parades Commission’s refusal to impose even the most basic conditions, raises serious questions.

    “I have written to both bodies demanding answers:

    • Why was this event deemed non-contentious?

    • Why was no action taken when marchers deviated from the route?

    • Why were chants glorifying terrorism and calling for the destruction of a nation tolerated on our streets?

    “Residents were placed in an entirely avoidable situation — one that could and should have been prevented. There must now be a serious review of how this parade was approved, routed, and policed.

    “I will not remain silent when Unionist communities are disrespected and when public order is sacrificed for political convenience. Those responsible for these decisions must be held to account.”

    MIL OSI United Kingdom

  • MIL-Evening Report: Amnesty slams Israel for flouting international law with ‘chilling contempt’ over Madleen

    Asia Pacific Report

    Amnesty International secretary-general Agnès Callamard has condemned Israel’s interception and detention of the 12 crew members aboard the Gaza Freedom Flotilla’s humanitarian aid yacht Madleen.

    The crew detained include Swedish activist Greta Thunberg, who has been designated by Amnesty International as an “Ambassador of Conscience”, reports Amnesty International in a statement.

    She has since been reported to have been deported back to her country via France.

    Madleen’s crew were trying to break Israel’s illegal blockade on the occupied Gaza Strip and take in desperately needed humanitarian supplies.

    They were illegally detained by Israeli forces in international waters while en route.

    In response, Secretary General Agnès Callamard said:

    “By forcibly intercepting and blocking the Madleen which was carrying humanitarian aid and a crew of solidarity activists, Israel has once again flouted its legal obligations towards civilians in the occupied Gaza Strip and demonstrated its chilling contempt for legally binding orders of the International Court of Justice,” secretary-general Callamard said.

    Operation ‘violates international law’
    “The operation carried out in the middle of the night and in international waters violates international law and put the safety of those on the boat at risk.

    “The crew were unarmed activists and human rights defenders on a humanitarian mission, they must be released immediately and unconditionally.

    “They must also be protected from torture and other ill-treatment pending their release.

    Callamard said that during its voyage over the past few days the Madleen’s mission emerged as a powerful symbol of solidarity with besieged, starved and suffering Palestinians amid persistent international inaction.

    “However, this very mission is also an indictment of the international community’s failure to put an end to Israel’s inhumane blockade.

    “Activists would not have needed to risk their lives had Israel’s allies translated their rhetoric into forceful action to allow aid into Gaza.”

    Global calls for safe passage
    Israel’s interception of the Madleen despite global calls for it to be granted safe passage underscored the longstanding impunity Israel enjoyed which has emboldened it to continue to commit genocide in Gaza and to maintain a suffocating, illegal blockade on Gaza for 18 years, Callamard said.

    “Until we see real concrete steps by states worldwide signalling an end to their blanket support for Israel, it will have carte blanche to continue inflicting relentless death and suffering on Palestinians.”

    Amnesty International in New Zealand also called on Foreign Minister Winston Peters to stand up and call out the enforced starvation and genocide that Israel was imposing on Palestinians.

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Te Pāti Māori condemns Israel for Gaza ‘horrific violence’ over Madleen arrest

    Asia Pacific Report

    Aotearoa New Zealand’s Te Pāti Māori has condemned the Israeli navy’s armed interception of the Madleen, a civilian aid vessel attempting to carry food, medical supplies, and international activists to Gaza, including Sweden’s climate activist Greta Thunberg.

    In a statement after the Madleen’s communications were cut, the indigenous political party said it was not known if the crew were safe and unharmed.

    However, Israel has begun deportations of the activists and has confiscated the yacht and its aid supplies for Gaza.

    “This is the latest act in a horrific string of violence against civilians trying to access meagre aid,” said Te Pāti Māori co-leader Debbie Ngarewa-Packer.

    “Since May 27, more than 130 civilians have murdered been while lining up for food at aid sites.

    “This is not an arrest [of the Madleen crew], it as an abduction. We have grave concerns for the safety of the crew.

    “Israel [has] proven time again they aren’t above committing violence against civilians.

    “Blocking baby formula and prosthetics while a people are deliberately starved is not border patrol, it is genocide.”

    Te Pāti Māori said it called on the New Zealand government to:

    • Demand safe release of all crew;
    • Demand safe passage of Aid to Gaza;
    • Name this blockade and starvation campaign for what it is — genocide; and
    • Sanction Israel for their crimes against humanity

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Europe: Frontex Consultative Forum publishes its twelfth annual report

    Source: Frontex

    Today, the Frontex Consultative Forum on Fundamental Rights published its 12th annual report. The report outlines the main observations and recommendations that the Forum shared throughout 2024 with Frontex, the European Border and Coast Guard Agency, and its Management Board to strengthen fundamental rights protection in Frontex activities.

    Throughout 2024, the Consultative Forum played a pivotal role in enhancing the integration of fundamental rights into Frontex’s operational and training frameworks. The Forum visited operations in Cyprus, Albania, Greece, the Republic of North Macedonia, Bulgaria and Serbia and actively contributed to the identification of vulnerabilities within Frontex VEGA operations. Cooperation between the Forum and Frontex increased and resulted in the refining of Frontex strategies, guidelines and manuals towards fundamental rights compliance.

    However, the Consultative Forum calls for the full integration of fundamental rights-safeguards and mitigating measures into the operational plans in agreement with the Member States. The Consultative Forum acknowledges the efforts of the Agency in establishing a Fundamental Rights Compliance Board. In 2025, it will be important to observe to what extent Frontex follows the Consultative Forum’s and the Fundamental Rights Officer’s advice and what means it uses to monitor the implementation of safeguards, introduces thresholds and progressively conditions its support to the Member States.

    The Executive Director of Frontex, Hans Leijtens, engaged constructively with the Consultative Forum and made efforts to increase transparency concerning Frontex’s activities. From its end, the Consultative Forum appreciated Frontex’s openness to receive the Forum’s advice. While acknowledging these efforts, the Consultative Forums remains seriously concerned about continuous allegations of violations of fundamental rights being reported in different countries, coupled with lack of independent monitoring and insufficient investigations into the incidents in the Member States. As recent judgements from European Human Rights bodies indicate, fundamental rights enshrined in the EU legislation are still too often challenged by questionable practices and lack of remedial actions.

    The publication of the Annual Report 2024 underscores the Forum’s commitment to transparency, accountability, and the promotion of fundamental rights within Europe’s border management landscape. The Forum looks forward to further advising Frontex in pursuit of a fair, humane, and rights-respecting approach to border management that promotes accountability and upholds the highest standards of fundamental rights across all operational contexts. 

    The full report is available here.

    Created in 2012, the Consultative Forum brings together key European institutions, international and civil society organisations to advise the European Border and Coast Guard Agency in fundamental rights matters.

    The Frontex Consultative Forum on Fundamental Rights is currently chaired by the United Nations High Commissioner for Refugees and the European Union Agency for Fundamental Rights and further composed of representatives from Churches’ Commission for Migrants in Europe; Council of Bars and Law Societies of Europe; Council of Europe; European Union Agency for Asylum; Global Campus for Human Rights; International Organization for Migration; Jesuit Refugee Service Europe; Office of the High Commissioner for Human Rights; OSCE-Office for Democratic Institutions and Human Rights; Rule of Law Institute Foundation and Save the Children.

    Please see here for all Consultative Forum information: Members (europa.eu)

    Please contact us: consultative.forum@frontex.europa.eu

    MIL OSI Europe News

  • MIL-OSI Europe: ASIA/HOLY LAND – Ecumenical group “A Jerusalem Voice for Justice”: SOS for Gaza, which is dying amid hunger and forced displacement

    Source: Agenzia Fides – MIL OSI

    Monday, 9 June 2025

    Photo OCHA

    Jerusalem (Agenzia Fides) – After more than a year and a half of death and destruction, “the moment we now find ourselves in is terrifying.” The people of Gaza are “the first victims” of a merciless war. Even those who raise their voices to denounce the brutality of the violence suffered by Palestinians in Gaza now are left “feeling hopeless, paralyzed by despair and unable to help. Exhausted!” And yet, one must continue to try to “cast the nets,” as the Apostles did according to the Gospel of John, after spending the whole night without catching anything. This is the exhortation of the members of the ecumenical group “A Jerusalem Voice for Justice,” in a new appeal released on the occasion of the Solemnity of Pentecost. As Christians of the Holy Land, they once again sound the alarm “about the recent unprecedented escalation in the Israeli war on Gaza,” and invite everyone to be filled “with the energy of the resurrection and of the Holy Spirit at Pentecost” to continue “fighting for life and freedom for our brothers and sisters in Gaza and everywhere else in Palestine/Israel.”In its message, the ecumenical group once again denounces that “in the past weeks, the situation has progressively deteriorated: in addition to the close to 55 000 dead and over 120 000 wounded, starvation and famine are being experienced (the UN recently identified 10 000 new cases of malnutrition). Hospitals and other civilian facilities are almost completely shut down.”The distribution of humanitarian aid is also under Israeli control and is managed exclusively by a US supported agency, the Gaza Humanitarian Foundation (GHF). According to a statement released by “A Jerusalem Voice for Justice,” on May 16, GHF Executive Director Jake Woods “declared that he refused to “be part of anything that forcibly dislocates or displaces the Palestinian population.” On May 25, 2025, he resigned after calling for Israel to allow in aid through all possible channels.The current system of aid distribution, marked by difficulties in reaching the distribution points and the continued killings of Gazans making their way to these points raise, according to the ecumenical group, “the likelihood that the GHF is a cover for Israeli military operations.” The United Nations and numerous international NGOs, the document also states, “have recognized that this “distribution of aid” is an escalation of the war. They know full well that to participate in such “distribution” would mean being complicit in using food assistance as part of a war strategy, explicitly prohibited by the Geneva Conventions.”The ecumenical reflection group “A Jerusalem Voice for Justice,” which emerged spontaneously in response to the new outbreak of violence and terror in the Holy Land, aims to share and offer insights into the facts and processes that touch and torment the lives of peoples in the land of Jesus. Its members include His Beatitude Latin Patriarch of Jerusalem Michel Sabbah; His Grace Lutheran Bishop of the Holy Land Munib Younan; His Excellency Greek Orthodox Bishop Attallah Hanna; coordinator of the Sabeel Ecumenical Center Sawsan Bitar; Palestinian theologian John Munayer; Jesuit Father David Neuhaus; and Father Frans Bouwen of the Missionaries of Africa. (GV) (Agenzia Fides, 9/6/2025)
    Share:

    MIL OSI Europe News

  • MIL-OSI NGOs: Israel’s interception of Madleen and detention of crew bound for Gaza flouts international law

    Source: Amnesty International –

    Responding to the news that Israel has intercepted and detained the 12-person crew aboard the Gaza Freedom Flotilla’s Madleen boat, including activist Greta Thunberg, who has been designated by Amnesty International as an Ambassador of Conscience, which had attempted to break Israel’s illegal blockade on the occupied Gaza Strip and get in desperately needed humanitarian supplies, Amnesty International’s Secretary General Agnès Callamard said:

    “By forcibly intercepting and blocking the Madleen which was carrying humanitarian aid and a crew of solidarity activists, Israel has once again flouted its legal obligations towards civilians in the occupied Gaza Strip and demonstrated its chilling contempt for legally binding orders of the International Court of Justice.

    “The operation carried out in the middle of the night and in international waters violates international law and put the safety of those on the boat at risk. The crew were unarmed activists and human rights defenders on a humanitarian mission, they must be released immediately and unconditionally. They must also be protected from torture and other ill-treatment pending their release.

    During its voyage over the past few days the Madleen’s mission emerged as a powerful symbol of solidarity with besieged, starved and suffering Palestinians amid persistent international inaction

    Agnès Callamard, Amnesty International’s Secretary General

    “As the occupying power Israel has an international obligation to ensure civilians in Gaza have sufficient and safe access to food, medicine, and other supplies indispensable to their survival. Instead, and as part of its calculated effort to inflict on Palestinians in Gaza conditions of life designed to bring about their physical destruction, it has consistently and deliberately impeded the provision of impartial humanitarian assistance for civilians in desperate need. Its military attacks have also damaged or destroyed vital infrastructure, including sources of food production like agricultural lands, compounding the impact of its starvation policy.

    “During its voyage over the past few days the Madleen’s mission emerged as a powerful symbol of solidarity with besieged, starved and suffering Palestinians amid persistent international inaction. However, this very mission is also an indictment of the international community’s failure to put an end to Israel’s inhumane blockade. Activists would not have needed to risk their lives had Israel’s allies translated their rhetoric into forceful action to allow aid into Gaza.

    “Israel’s interception of the Madleen despite global calls for it to be granted safe passage underscores the longstanding impunity Israel enjoys which has emboldened it to continue to commit genocide in Gaza and to maintain a suffocating, illegal blockade on Gaza for 18 years.  

    “Until we see real concrete steps by states worldwide signalling an end to their blanket support for Israel, it will have carte blanche to continue inflicting relentless death and suffering on Palestinians.

    “States must act now or risk complicity in Israel’s grave violations of Palestinians’ rights. They must publicly denounce Israel’s interception and detention of the Madleen’s crew and demand the immediate and unconditional release of all those on board. Now is the time to take a clear stand – through actions not just words. They must make clear that they will no longer tolerate Israel blocking humanitarian aid to a population facing starvation and genocide. They must press Israel to lift its suffocating blockade and allow aid to be delivered through all crossings into Gaza now.”

    MIL OSI NGO

  • MIL-OSI NGOs: Israel’s interception of Gaza Freedom Flotilla’s Madleen boat condemned as ‘chilling contempt’ of international law

    Source: Amnesty International –

    The mission is an indictment of the international community’s failure to put an end to Israel’s inhumane blockade

    As the occupying power, Israel has an international obligation to ensure safe access to food, medicine, and essential supplies for Gaza’s civilians

    ‘Activists would not have had to risk their lives if Israel’s allies had turned their words into forceful action to allow aid into Gaza’ – Agnès Callamard

    Agnès Callamard, Amnesty International’s Secretary General, responded to the news that Israel has intercepted and detained the 12-person crew aboard the Gaza Freedom Flotilla’s Madleen boat – including activist Greta Thunberg, an Amnesty International Ambassador of Conscience – who were attempting to break Israel’s illegal blockade of the occupied Gaza Strip to deliver urgently needed humanitarian aid, stating:

    “Israel has once again flouted its legal obligations towards civilians in the occupied Gaza Strip and demonstrated its chilling contempt for legally binding orders of the International Court of Justice.

    “The operation of intercepting and blocking the Madleen in the middle of the night and in international waters violates international law and put the safety of those on the boat at risk. The crew were unarmed activists and human rights defenders on a humanitarian mission, they must be released immediately and unconditionally. They must also be protected from torture and other ill-treatment pending their release.

    “As the occupying power Israel has an international obligation to ensure civilians in Gaza have sufficient and safe access to food, medicine, and other supplies indispensable to their survival. Instead, it has consistently and deliberately impeded the provision of impartial humanitarian assistance for civilians in desperate need. Its military attacks have also damaged or destroyed vital infrastructure, including sources of food production like agricultural lands, compounding the impact of its starvation policy.

    “During its voyage over the past few days the Madleen’s mission emerged as a powerful symbol of solidarity with besieged, starved and suffering Palestinians amid persistent international inaction. However, this mission is also an indictment of the international community’s failure to put an end to Israel’s inhumane blockade. Activists would not have had to risk their lives if Israel’s allies had turned their words into forceful action to allow aid into Gaza.

    “Until we see real, concrete steps taken by governments worldwide – signalling an end to their blanket support for Israel – it will have carte blanche to continue inflicting relentless death and suffering on Palestinians.

    “Now is the time to take a clear stand – not just with words, but with action.

    “Governments must act now or risk their continued complicity in Israel’s grave violations of Palestinians’ rights. They must publicly denounce Israel’s interception and detention of the Madleen’s crew and demand the immediate and unconditional release of all those on board. They must make clear that they will no longer tolerate Israel blocking humanitarian aid to a population facing starvation and genocide. They must press Israel to lift its suffocating blockade and allow aid to be delivered through all crossings into Gaza now.”

    MIL OSI NGO

  • MIL-OSI NGOs: USA: Trump’s travel ban is ‘discriminatory, racist, and downright cruel’

    Source: Amnesty International –

    The order restricts citizens from Afghanistan, Chad, the Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Myanmar, Somalia, Sudan and Yemen

    Partial travel ban on people from Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan, and Venezuela

    ‘This blanket ban constitutes racial discrimination under international human rights law’ – Agnès Callamard

    In response to President Trump imposing a new discriminatory travel ban, Agnès Callamard, Amnesty International’s Secretary General, said:

    “President Trump’s new travel ban is discriminatory, racist, and downright cruel. By targeting people based on their race, religion, or nationality, from countries with predominantly Black, Brown and Muslim-majority populations, this blanket ban constitutes racial discrimination under international human rights law. It also spreads hate and disinformation, reinforcing the misleading idea that certain populations are more likely to pose security risks or engage in acts of violence. 

    “This arbitrary travel ban also violates the right to seek and enjoy asylum from persecution and the US obligation to protect them under international and national refugee law. With the right to seek asylum already non-existent at US borders, it will further inflict terrible suffering on people who are fleeing war-torn regions, massive human rights violations and other dangerous situations and seeking safety in the United States.

    “This travel ban is no different than the ones that President Trump put into place in his first term. It is based on racism and xenophobia and has nothing to do with national security or keeping anyone safe.

    “Through targeting and detaining immigrants for exercising their right to free speech, separating families, mass deportations and more, President Trump’s actions have already put tens of millions of people in the United States at risk. And now, this travel ban is yet another iteration of the Trump administration’s persistent trampling on the rights of immigrants and those seeking safety.

    “Communities thrive when governments prioritise the safety of all people, regardless of nationality, religion, or race. Amnesty International will never stop fighting for a world in which everybody is treated with dignity, immigrants and people seeking safety are welcomed and recognised for their contributions to society, and communities are united.”

    MIL OSI NGO

  • MIL-OSI NGOs: Israel/OPT: West Bank military operation part of ‘ruthless apartheid system’ – new briefing

    Source: Amnesty International –

    Israel’s military operation over the past four months has led to the largest displacement of Palestinians in the West Bank

    The Israeli military has declared Jenin, Nur Shams, and Tulkarem refugee camps closed military zones, blocking residents from reaching their homes or what remains of them

    ‘If they let us return, even those whose homes haven’t been entirely destroyed will need months to rehabilitate these homes, due to the heavy destruction and damage to the structures’ – Nihad Shaweesh

    ‘These actions are part of a wider pattern of unlawful Israeli policies and practices to dispossess, dominate and oppress Palestinians in the West Bank under Israel’s ruthless system of apartheid’ – Erika Guevara Rosas

    The Israeli military has displaced tens of thousands of Palestinians by destroying homes and essential civilian infrastructure in Jenin and Tulkarem refugee camps rendering them uninhabitable, as part of its ongoing brutal military operation in the occupied West Bank, said Amnesty International. 

    On 5 June, Palestinians mark Naksa Day, commemorating the forced displacement of approximately 300,000 Palestinians during the June 1967 war, when Israel occupied the West Bank, including East Jerusalem, and the Gaza Strip. Fifty-eight years on, Israel’s military operation over the past four months has led to the largest displacement of Palestinians in the West Bank since then.

    The Israeli army has deployed tanks, carried out air strikes, destroyed buildings, dug up roads and infrastructure, and imposed extensive restrictions on freedom of movement through checkpoints and roadblocks. According to the Palestinian Ministry of Health, between 21 January and 4 June, the Israeli forces have killed at least 80 Palestinians, including 14 children, in the northern West Bank, including Nablus.

    Erika Guevara Rosas, Amnesty International’s Senior Director for Research, Advocacy, Policy and Campaigns, said:

    “Israel’s deadly military operation in the occupied West Bank, unfolding in the horrific shadow of its ongoing genocide in the occupied Gaza Strip, has had catastrophic consequences for tens of thousands of displaced Palestinians who are facing a rapidly escalating crisis with no foreseeable prospects of return. Unlawful transfer of protected persons is a grave breach of the Fourth Geneva Convention and a war crime.

    “Israel must immediately halt illegal practices leading to the forced displacement of Palestinians, including attacks on residential areas, destruction of property and infrastructure, pervasive access and movement restrictions imposed on Palestinians.

    “These actions are part of a wider pattern of unlawful Israeli policies and practices to dispossess, dominate and oppress Palestinians in the West Bank under Israel’s ruthless system of apartheid.

    “The international community’s persistent failure to hold Israel accountable for its violations against Palestinians, in particular for its cruel system of apartheid and unlawful occupation has emboldened Israel and fueled further egregious violations of Palestinians’ rights.”

    40,000 residents have been displaced

    Members of popular committees of Jenin, Nur Shams and Tulkarem refugee camps told Amnesty an estimated 40,000 residents have been displaced, half of whom are from Jenin refugee camp. 

    Video footage verified by Amnesty provides evidence of wide-scale home demolitions and damage to civilian property and infrastructure in the camps. Arrests have also soared, with the Palestinian Commission of Detainees reporting approximately 1,000 Palestinians arrested in Jenin (700) and Tulkarem (300) since the operation began.

    The Israeli military has declared Jenin, Nur Shams and Tulkarem refugee camps closed military areas, with forces stationed there, actively preventing residents from accessing their homes or what’s left of them. Witnesses said that Israeli forces shoot at civilians who attempt to go back even just to check on their properties or collect belongings.

    In a stark example, on 21 May, a diplomatic delegation of representatives from over 20 countries, including the UK, France, Canada, China and Russia, came under fire from Israeli soldiers while visiting Jenin refugee camp.

    ‘Most destructive’ operation in decades

    Israel’s military operation started in Jenin Refugee Camp on 21 January, and expanded to Tulkarem refugee camps on 27 January, and subsequently to Tammoun town and Al-Far’ah refugee camp. While Israeli forces withdrew from Al-Far’ah on 12 February, they continue to be stationed in Jenin and Tulkarem.

    In an alarming development on 23 February Israeli tanks were deployed to Jenin for the first time in more than 20 years. On the same day Israel’s Defense Minister instructed the army to “prepare for a long stay in the camps that were cleared” and to prevent residents from returning. Israeli media, citing military sources, have reported that the operation is expected to last for months with hundreds of soldiers remaining in the camps for “monitoring”. 

    On 22 March 2025, UNRWA had already described the operation as “by far the longest and most destructive operation in the occupied West Bank since the second intifada in the 2000’s.”

    Home demolitions and destruction of infrastructure

    The Israeli military has relentlessly destroyed hundreds of homes in these camps and adjacent neighborhoods during military operations or with demolition orders. The Palestinian Center for Human Rights reports that in the Jenin refugee camp alone, the Israeli army fully destroyed hundreds of homes and damaged many more rendering them uninhabitable. In March, Israel announced plans to demolish 66 homes in Jenin camp. More recently, on 1 May, the Israeli army issued further demolition orders for 106 homes in Tulkarem refugee camps – 48 in Nur Shams and 58 in Tulkarem camp.

    Amnesty’s Crisis Evidence Lab verified 25 videos shared on social media by residents or soldiers showing destruction of civilian property by Israeli forces in Jenin, Tulkarm, and Nur Shams refugee camps between 31 January and 1 June 2025. The footage shows numerous structures demolished with manually laid explosives, roads, buildings and cars destroyed with bulldozers and the aftermath of the destruction with civilian property reduced entirely to rubble. In many cases, Israeli forces appear to have conducted clearing operations, removing buildings to widen or create new roads.

    Amnesty also analysed 32 additional videos and photographs provided directly by Palestinians residents, which document damage to homes and personal property. The images show destroyed interiors, including shattered windows, broken furniture, damaged doors, ransacked closets, scattered personal belongings, and leftover food strewn across rooms.

    Nihad Shaweesh of the Nur Shams popular committee, said:

    “The level of destruction in the camps is so massive that it will take months before they are inhabitable again. If they let us return, even those whose homes haven’t been entirely destroyed will need months to rehabilitate these homes, due to the heavy destruction and damage to the structures.”

    A mother of six from Jenin Refugee Camp, whose name has been withheld for security reasons, described how she received photos on her phone showing her home being completely destroyed. She said:

    “I opened the photos and immediately recognised my children’s bed sheets. I couldn’t believe that was my house in the photos. They demolished the house and wrecked our SUV. Our car was nothing but a mass of metal. I was in shock. I couldn’t speak and only kept crying.”

    A resident of Nur Shams, Ibraheem Khalifa, described how his family was forcibly displaced on 9 February and the subsequent demolition of their apartment building:

    “We arrived … to witness the demolitions of our neighbours’ homes and to be present with them [in solidarity]. However, while sitting there, we realised that the [military] bulldozer started to demolish our homes as well. These are apartments we built with our own hands. There, we grew up and made memories. In this house, we got married, held celebrations, went through sorrows – everything. This house witnessed it all. Now, our homes and all of our belongings in them are gone.”

    As part of the operation Israeli forces have also systematically destroyed critical infrastructure, including roads, water, electricity, and communications networks. The Palestinian Red Crescent Society confirmed the widespread destruction of roads and streets within the refugee camps.

    Militarisation of camps and restrictions on freedom of movement

    Access to the refugee camps for residents and freedom of movement have also been severely curtailed with Israeli forces blocking entrances and main roads with metal gates or checkpoints and using military bulldozers to create dirt barriers and barbed-wire fences.

    One resident of Nur Shams, Fatima Ali, described how on 9 February, Israeli forces took over her home and converted it to a military outpost. She said they raided her home, forcing her brother’s family to leave while she, being ill and unable to walk due to destroyed streets, was confined to one room as her house was turned into a temporary military outpost:

    “You can see all directions from my house, I have a balcony and a door to the West and another to the North, so they [soldiers] came and occupied it. At first, they kept me inside, locked in one room. When they arrested someone, they brought him to my house. They told me to leave hours later, and I needed the emergency services to help me leave the camp because all the streets were dug up and destroyed.”

    The military operation has also infringed on other social and economic rights including the right to education with many children missing weeks of school. In Tulkarem, more than 691 businesses have been destroyed, damaged and remain shut down.

    Qais Awad of the Tulkarem Chamber of Commerce, said:

    “Tulkarem became a ghost town. Businesses in the city close at 6pm because there are no visitors or customers coming from outside. Tulkarem farmers cannot reach their agricultural lands and workers cannot leave due to the closure of checkpoints. The economic situation in the city is catastrophic.”

    MIL OSI NGO

  • MIL-OSI Video: Ocean Conference, Gaza, Lebanon & other topics – Daily Press Briefing | United Nations

    Source: United Nations (Video News)

    Noon briefing by Farhan Haq, Deputy Spokesperson for the Secretary-General.
    ـــــــــــــــــــــــــــــ
    Highlights:
    – Secretary-General/Ocean Conference
    – Occupied Palestinian Territory
    – Lebanon
    – Security Council
    – Nigeria

    SECRETARY-GENERAL/OCEAN CONFERENCE
    The Secretary-General delivered remarks this morning at the opening of the UN Ocean Conference in Nice, which is co-hosted by France and Costa Rica.  In his remarks, the Secretary-General said that although the sea that has sustained life for millennia, we are failing to protect the ocean – thanks to overfishing, plastic pollution and rising temperatures.
    He urged all countries that have not yet ratified the Agreement on Marine Biological Diversity of Areas beyond National Jurisdiction to do so. He also issued a strong call to all countries to agree on an ambitious and legally binding treaty on plastic pollution this year.
    Underscoring his support for the work of the International Seabed Authority, the Secretary-General said the deep sea cannot become the Wild West.
    Mr. Guterres urged Member States to advance progress on Sustainable Development Goal 14, which is unfortunately one of the least funded SDGs. He encouraged the conference participants to be bold in all their efforts, saying, “The ocean of our ancestors – teeming with life and diversity – can be more than legend. It can be our legacy.”
    In the afternoon, the Secretary-General spoke at the Africa for the Ocean event, co-hosted by Morocco and France. In his remarks, the Secretary-General said that with over 30,000 kilometres of coastline and 38 coastal states, Africa is a maritime powerhouse. “Its future is also written in its waters,” he said, adding that this blue wealth is too often undervalued and overexploited. He said that investments have too often bypassed Africa, even as its marine resources were exploited by others.
    Also this afternoon, the Secretary-General had a productive meeting with civil society representatives from around the world active in ocean action. He highlighted the current paradox: despite major breakthroughs —such as the Kunming-Montreal Global Biodiversity Framework and the Agreement on Marine Biological Diversity of Areas beyond National Jurisdiction— the crisis facing the oceans is worsening.
    The Secretary-General noted similar dynamics in climate action: while renewable energy is expanding rapidly, emissions continue to rise. The ocean-climate connection, he warned, is deteriorating —marked by rising temperatures, accelerating sea-level rise, glacier melt, coral bleaching, and growing plastic pollution. He also pointed to the threat of mass displacement from vulnerable river deltas.
    He emphasized the importance of civil society perspectives, momentum, and insights to accelerate progress and increase global attention on ocean, climate, and biodiversity action.
    On the sidelines of the conference, the Secretary-General held a number of bilateral meetings.

    OCCUPIED PALESTINIAN TERRITORY
    The Office for the Coordination of Humanitarian Affairs (OCHA) today said that the crisis in Gaza has reached unprecedented levels of despair as people continue to go hungry across Gaza. Many are forced to risk their lives in search of food, as we receive more reports of people being killed and injured near non-UN distribution sites.
    According to the International Committee of the Red Cross, just this morning, 29 casualties arrived at the ICRC field hospital in west Rafah, eight of whom were dead. Almost all had explosive trauma wounds, with two others admitted with gunshot wounds. The UN reiterates that civilians must always be protected. No person, anywhere, should be forced to choose between risking one’s life and feeding one’s family.
    Fuel stocks in Gaza are critically low – putting further strain on critical services and humanitarian operations. Over the weekend, some 260,000 litres of fuel were looted in northern Gaza. Prior to this, the UN had repeatedly attempted to reach these stocks to retrieve them, but these attempts were denied by the Israeli authorities.
    Since 15 May, the missions to retrieve this fuel were denied by the Israeli authorities 14 times. The UN attempts to reach fuel supplies in Rafah, in the south of Gaza, also continue to be denied. The UN warns that unless a solution is found in the coming days, the entire aid operation could come to a standstill.
    Since the Israeli authorities allowed limited amounts of aid to enter Gaza on 19 May, the UN and its partners have only been able to collect about 4,600 metric tonnes of wheat flour from the Kerem Shalom crossing. Most of it was taken by desperate, starving people before the supplies reached their destinations. In some cases, the supplies were looted by armed gangs.

    Full Highlights:
    https://www.un.org/sg/en/content/noon-briefing-highlight?date%5Bvalue%5D%5Bdate%5D=09%20June%202025

    https://www.youtube.com/watch?v=b3T6VaM3ASY

    MIL OSI Video

  • MIL-OSI Security: 5 Men Plead Guilty for Role in Global Digital Asset Investment Scam Conspiracy Resulting in Theft of More than $36.9 Million from Victims

    Source: Office of United States Attorneys

    LOS ANGELES – Five men have pleaded guilty for their roles in laundering more than $36.9 million from victims of an international digital asset investment scam conspiracy that was carried out from scam centers in Cambodia, the Justice Department announced today.

    The following defendants were part of an international criminal network that induced U.S. victims, believing they were investing in digital assets, to transfer funds to accounts controlled by co-conspirators and that laundered victim money through U.S. shell companies, international bank accounts, and digital asset wallets:

    • Joseph Wong, 33, of Alhambra;
    • Yicheng Zhang, 39, of China;
    • Jose Somarriba, 55, of Los Angeles;
    • Shengsheng He, 39, of La Puente; and
    • Jingliang Su, 44, of China and Turkey.

    As part of the conspiracy, co-conspirators residing overseas contacted U.S. victims directly through unsolicited social media interactions, telephone calls, text messages, and online dating services and gain the victims’ trust.

    The co-conspirators then promoted fraudulent digital asset investments to the victims. Scammers would tell victims that their investments were appreciating in value when, in fact, those funds were stolen and not invested at all.

    Instead, more than $36.9 million in victim funds were transferred from U.S. bank accounts controlled by the co-conspirators to a single account at Deltec Bank in the Bahamas, opened in the name of Axis Digital Limited.

    Somarriba, He, and Su directed Deltec Bank to convert victim funds to the stablecoin Tether (USDT) and to transfer the converted funds to a digital asset wallet controlled by individuals in Cambodia. From there, co-conspirators in Cambodia transferred the USDT to the leaders of scam centers throughout the region including in Sihanoukville, Cambodia.

    Somarriba and He founded Axis Digital and opened the Deltec Bank account. Su joined Axis Digital as a director and participated in the digital asset conversions and transfers of victim funds.

    Wong managed a network of money launderers in Los Angeles who registered shell companies, opened U.S. bank accounts, and wired victim funds to international bank accounts. Zhang opened and operated two U.S. bank accounts used to launder victim proceeds.

    Zhang and Wong pleaded guilty to money laundering conspiracy. They each face a maximum penalty of 20 years in prison. Zhang has been in custody since May 2024. He, Somarriba, and Su pleaded guilty to conspiracy to operate an unlicensed money services business. He, Somarriba, and Su each face a maximum penalty of five years in prison. Su has been in custody since November 2024 and has a sentencing hearing scheduled for November 17.

    Eight co-conspirators have pleaded guilty so far, including Daren Li, a national of China and St. Kitts and Nevis and former resident of Cambodia and the United Arab Emirates who has been in U.S. custody since April 2024, and Lu Zhang, a Chinese national illegally in the United States who managed a network of U.S.-based money launderers, who pleaded guilty to conspiracy to commit money laundering on Nov. 12, 2024 and May 13, 2024, respectively.

    The United States Secret Service’s Global Investigative Operations Center is investigating the case. The Homeland Security Investigations’ El Camino Real Financial Crimes Task Force, Customs and Border Protection’s National Targeting Center, U.S. Department of State’s Diplomatic Security Service, Dominican National Police, and U.S. Marshals Service provided valuable assistance.

    Assistant United States Attorneys Maxwell Coll and Alexander Gorin of the Cyber and Intellectual Property Crimes Section, Assistant United States Attorney Nisha Chandran of the Major Frauds Section, and Trial Attorneys Stefanie Schwartz of the Criminal Division’s Computer Crime and Intellectual Property Section and Tamara Livshiz of the Criminal Division’s Fraud Section are prosecuting these cases.

    If you or someone you know is a victim of a digital asset investment fraud, report it to IC3.gov

    MIL Security OSI

  • MIL-OSI Africa: APR (Rwanda) and Petro de Luanda (Angola) Advance to Basketball Africa League (BAL) Semifinals in Pretoria

    Source: Africa Press Organisation – English (2) – Report:

    Pretoria, South Africa, June 10, 2025/APO Group/ —

    APR (Rwanda)  punched its ticket to the Basketball Africa League (BAL) (https://BAL.NBA.com/) Semifinals with a commanding 104–73 victory over Rivers Hoopers (Nigeria). Nuni Omot led the charge with 21 points, while Aliou Diarra contributed a double-double of 20 points and 10 rebounds. The Rwandan side shot an impressive 50% from beyond the arc and 62.5% from the field overall. For the River Hoopers, Madut Akec paced the team with 21 points, and Raphael Putney chipped in 12.

    Meanwhile, the defending champions Petro de Luanda (Angola) are heading back to the BAL Semifinals after a 95–84 win over US Monastir (Tunisia). Kendrick Ray led all scorers with 20 points, while Yanick Moreira added 15. US Monastir was led by Patrick Hardy Jr. with 17 points, and Firas Lahyani added 15 in the loss.

    The BAL Semifinals are set for Wednesday, July 11. Al Ahli Tripoli (Libya) will face APR at 4:00 p.m. CAT, followed by Al Ittihad (Egypt) vs. Petro de Luanda (Angola) at 7:00 p.m. CAT.

    MIL OSI Africa

  • MIL-OSI Africa: Statement by African Export-Import Bank (Afreximbank) on recent Fitch Ratings Report

    Source: Africa Press Organisation – English (2) – Report:

    Source: Afreximbank |

    Statement by African Export-Import Bank (Afreximbank) on recent Fitch Ratings Report

    Fitch also acknowledges the Bank’s strong capitalization including its “strong equity to assets and guarantees ratio” and “excellent internal capital generation”

    The bank operates with a high level of collateral and credit risk mitigants and has already taken relatively large provisions on some sovereign exposures

    CAIRO, Egypt, June 10, 2025/APO Group/ —

    • Afreximbank (www.Afreximbank.com) operates under very high standards of financial transparency. The Bank’s financial reporting strictly adheres to International Financial Reporting Standards (IFRS), including IFRS 9. This standard governs the classification and staging of loan performance, including the treatment of non-performing loans, amongst other matters. The Bank’s application of IFRS 9 is comprehensively detailed in its 2024 Financial Statements and further clarified in the external auditors’ report. As cited in the ratings report, dated 4 June 2025, “Fitch’s definition of NPLs differs from the Bank’s approach, which makes use of forward-looking information”.
    • It is important to note that Fitch acknowledges Afreximbank’s financial resilience, highlighting that “the bank operates with a high level of collateral and credit risk mitigants and has already taken relatively large provisions on some sovereign exposures, which would reduce any potential further negative financial impact for the bank”.
    • Fitch also acknowledges the Bank’s strong capitalization including its “strong equity to assets and guarantees ratio” and “excellent internal capital generation”.  Concentration risk is also reported as “low” and its liquidity assessment of “a” reflects the Bank’s “strong quality of treasury assets”. The Bank believes that these factors reinforce the overall soundness of the Bank’s risk management framework.
    • Fitch’s ‘negative outlook’ decision, which it says reflects “the risk that the debt owed to Afreximbank by some of its sovereign borrowers may be restructured”, is hinged on the erroneous view, in some quarters, that the treaty establishing Afreximbank, executed by its 53 participating African states, can be violated by the Bank without consequences. For clarity, the Bank establishment agreement is a treaty entered into by, and among, all participating states and between the participating states and the Bank. Accordingly, Afreximbank would like to reaffirm that it is not participating in debt restructuring negotiations related to any of its member countries. To do so would be inconsistent with the Bank establishment treaty. The treatment of its loans and other activities is governed by the treaty and not by classifications created outside its framework.
    • Afreximbank’s financial resilience, robust governance and unwavering commitment to excellence, and to Africa, are critical to the delivery of its mandate. The Bank remains committed to supporting its member countries in navigating their economic challenges while promoting trade-led growth, economic development and general macroeconomic stability.

    Distributed by APO Group on behalf of Afreximbank.

    Statement by African Export-Import Bank (Afreximbank) on recent Fitch Ratings Report Fitch also acknowledges the Bank’s strong capitalization including its “strong equity to assets and guarantees ratio” and “excellent internal capital generation” CAIRO, Egypt, June 10, 2025/APO Group/ —

    • Afreximbank (www.Afreximbank.com) operates under very high standards of financial transparency. The Bank’s financial reporting strictly adheres to International Financial Reporting Standards (IFRS), including IFRS 9. This standard governs the classification and staging of loan performance, including the treatment of non-performing loans, amongst other matters. The Bank’s application of IFRS 9 is comprehensively detailed in its 2024 Financial Statements and further clarified in the external auditors’ report. As cited in the ratings report, dated 4 June 2025, “Fitch’s definition of NPLs differs from the Bank’s approach, which makes use of forward-looking information”.
    • It is important to note that Fitch acknowledges Afreximbank’s financial resilience, highlighting that “the bank operates with a high level of collateral and credit risk mitigants and has already taken relatively large provisions on some sovereign exposures, which would reduce any potential further negative financial impact for the bank”.
    • Fitch also acknowledges the Bank’s strong capitalization including its “strong equity to assets and guarantees ratio” and “excellent internal capital generation”.  Concentration risk is also reported as “low” and its liquidity assessment of “a” reflects the Bank’s “strong quality of treasury assets”. The Bank believes that these factors reinforce the overall soundness of the Bank’s risk management framework.
    • Fitch’s ‘negative outlook’ decision, which it says reflects “the risk that the debt owed to Afreximbank by some of its sovereign borrowers may be restructured”, is hinged on the erroneous view, in some quarters, that the treaty establishing Afreximbank, executed by its 53 participating African states, can be violated by the Bank without consequences. For clarity, the Bank establishment agreement is a treaty entered into by, and among, all participating states and between the participating states and the Bank. Accordingly, Afreximbank would like to reaffirm that it is not participating in debt restructuring negotiations related to any of its member countries. To do so would be inconsistent with the Bank establishment treaty. The treatment of its loans and other activities is governed by the treaty and not by classifications created outside its framework.
    • Afreximbank’s financial resilience, robust governance and unwavering commitment to excellence, and to Africa, are critical to the delivery of its mandate. The Bank remains committed to supporting its member countries in navigating their economic challenges while promoting trade-led growth, economic development and general macroeconomic stability.

    Distributed by APO Group on behalf of Afreximbank. Media Contact: Vincent Musumba Communications and Events Manager (Media Relations) Email: press@afreximbank.com Website: www.Afreximbank.com

    Text copied to clipboard.

    MIL OSI Africa

  • MIL-OSI: LightSolver and HLRS Present Joint Research on Optical Computing at ISC High Performance 2025

    Source: GlobeNewswire (MIL-OSI)

    TEL AVIV, Israel, June 10, 2025 (GLOBE NEWSWIRE) — LightSolver, inventors of a new laser-based computing paradigm, and HLRS (High-Performance Computing Center Stuttgart) today announced the joint presentation of their co-authored, peer-reviewed research paper, “Exploring QUBO on LPUs for Engineering,” at this week’s ISC High Performance 2025 conference in Hamburg, Germany. The presentation will take place this Friday, June 13th during the 4th HPC on Heterogeneous Hardware (H3) workshop, on the first floor of Hall X6 from 2:00-6:00pm.

    With HPC simulations demanding immense computational power, emerging specialized processors like LightSolver’s Laser Processing Unit™ (LPU) offer a promising path toward reducing total time to solution and improving energy efficiency. This is reflected in the research paper, which explores the use of the LPU to address mesh decomposition, a common task in Computer-Aided Engineering (CAE). It will be presented by Dr. Dan Gluck, senior algorithm researcher for LightSolver, and Dr. Johannes Gebert, deputy director at HLRS and group lead for future computing.

    Mesh decomposition is the process of breaking down a complex 3D mesh (a collection of vertices, edges, and faces that define the shape of a 3D object) into simpler subcomponents. This technique is widely used in computer graphics, geometry processing, 3D modeling, finite element analysis, and robotics. For their research, LightSolver and HLRS used Direct Tensor Computation, a biomechanical application in which mathematical operations are performed directly on multi-dimensional arrays called tensors, rather than being broken down into simpler components. The team converted the mesh decomposition into a QUBO (Quadratic Unconstrained Binary Optimization) formulation and ran it on the LPU emulator, developing a methodology and proving that mesh decomposition could be addressed by an optical computing platform.

    “We are proud to present our joint research with HLRS, which highlights how optical computing can address common bottlenecks in engineering software,” said Ruti Ben Shlomi, CEO of LightSolver. “To crack current performance limits and achieve greater energy efficiency, it is crucial for industry and research to partner and examine novel computing paradigms. This initial paper has demonstrated the feasibility of running a mesh decomposition on our optical processor, the LPU. We’re looking forward to deepening our collaboration with HLRS and presenting practical pathways for integrating specialized processors into heterogeneous computing frameworks.”

    The H3 Workshop provides a platform for pioneering work in algorithmic research, software libraries, programming models, and workflows designed for increasingly heterogeneous hardware environments. The presentation by LightSolver and HLRS aligns with the workshop’s mission to explore new paradigms and strengthen the bridge between software and specialized hardware in HPC.

    About LightSolver
    LightSolver is a photonics computing company that is developing an all-optical supercomputer capable of solving complex and large computational problems at the speed of light.” Utilizing the interference patterns of lasers, the Laser Processing Unit™ (LPU) can tackle challenges that were previously constrained by the limits of electronics, while fitting into a rack unit and operating at room temperature. Dr. Ruti Ben-Shlomi and Dr. Chene Tradonsky, physicists from the world-renowned Weizmann Institute, founded the company in 2020. More than 2/3 of the team are physics, math and computer science PhDs. LightSolver has secured investment from TAL Ventures, Entree Capital, IBI Tech Fund, Angular Ventures, Maverick, and Artofin. The company has also received a €12.5M grant from the European Innovation Council (EIC) to advance its all-optical supercomputer. Connect with LightSolver @LightSolverCo on X and on LinkedIn. For more information, visit lightsolver.com or email info@lightsolver.com

    Media Contact:
    Seth Menacker
    Fusion PR
    lightsolver@fusionpr.com

    The MIL Network

  • MIL-OSI China: SCIO briefs media on innovation-driven development in Jiangsu

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

    SCIO briefs media on innovation-driven development in Jiangsu

    China SCIO | June 10, 2025

    Organized by the State Council Information Office (SCIO), a media trip kicked off on June 9 in eastern China’s Jiangsu province, with over 40 journalists exploring the province’s innovation-driven development. Foreign correspondents from the United States, the United Kingdom, Spain, the Netherlands, Indonesia, Turkey, South Korea, Japan, and Brazil joined the three-day trip. 

    A press briefing was held Monday, where Ma Xin, a member of the Standing Committee of the Communist Party of China Jiangsu Provincial Committee and executive vice governor of Jiangsu province, briefed the media and answered questions.

    On June 9, 2025, the State Council Information Office holds a press briefing in Nanjing, Jiangsu province, about the province’s progress in innovation-driven development. [Photo by Luan Haijun/China SCIO]

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    MIL OSI China News

  • MIL-Evening Report: There are clear laws on enforcing blockades – Israel’s interception of the Madleen raises serious questions

    Source: The Conversation (Au and NZ) – By Shannon Bosch, Associate Professor (Law), Edith Cowan University

    On June 9, the Madleen, a UK-flagged civilian ship carrying humanitarian aid to Gaza, was stopped by Israeli forces in international waters, about 200 kilometres off the coast.

    The Freedom Flotilla Coalition had organised the voyage, setting sail from Sicily on June 1. The vessel’s 12 passengers included climate activist Greta Thunberg, European Parliament member Rima Hassan, two French journalists and several other activists from around the world.

    The Israeli military boarded the ship and diverted it to the Israeli port of Ashdod. The aid it carried — baby formula, food, medical supplies, water desalination kits — was confiscated. All passengers were detained and now face deportation.

    This interception has sparked international condemnation. Importantly, it also raises questions about whether Israel’s actions comply with international law.

    Legal conditions for naval blockades

    Naval blockades are not automatically illegal. Under the San Remo Manual on International Law Applicable to Armed Conflicts at Sea (1994), a blockade may be used in wartime, but only if five legal conditions are met:

    • it must be formally declared and publicly notified
    • it must be effectively enforced in practice
    • it must be applied impartially to all ships
    • it must not block access to neutral ports or coastlines
    • it must not stop the delivery of humanitarian aid to civilians.

    If even one of these conditions is not met, the blockade may be considered illegal under customary international humanitarian law.

    The fifth condition is especially important here. According to a comprehensive study of international humanitarian law conducted by the International Committee of the Red Cross, the parties to a conflict must allow the rapid and unimpeded delivery of humanitarian relief to civilians in need.

    A blockade that prevents this could be in breach of international law.

    Israel and Egypt have imposed a blockade of varying degrees on Gaza since 2007 when Hamas came to power. Israeli Defence Minister Israel Katz claims the purpose of the blockade is to “prevent the transfer of weapons to Hamas”. Critics say it amounts to collective punishment.

    The Madleen was operating in compliance with three binding International Court of Justice orders (from January 2024, March 2024 and May 2024) requiring unimpeded humanitarian access to Gaza.

    Freedom of navigation

    International law also strongly protects the freedom of navigation, particularly in international waters beyond any state’s territorial limits.

    There are only a few exceptions when a country can lawfully stop a foreign ship in international waters – if it is involved in piracy, slave trading, unauthorised broadcasting, or the vessel itself is stateless. A country can also stop a ship if it is enforcing a lawful blockade or acting in self-defence under Article 51 of the UN Charter.

    So, if Israel’s actions do not fully meet the international legal requirements for enforcing a blockade during wartime, it would not have the right to intercept the Madleen in international waters.

    Protections for humanitarian workers

    More broadly speaking, international humanitarian law, including the Fourth Geneva Convention, protects civilians during conflict. This protection extends to people delivering humanitarian aid, so long as they do not directly take part in hostilities.

    To be considered directly participating in hostilities, a person must:

    • intend to cause military harm
    • have a direct causal link to that harm, and
    • be acting in connection with one side of the conflict.

    Bringing aid to civilians, even if politically controversial, does not meet this legal threshold. As a result, the Madleen’s passengers remain protected civilians and should not be treated as combatants or detained arbitrarily.

    International law also sets out how civilians detained in conflict situations must be treated. Under the Fourth Geneva Convention, detainees must be given access to medical care, lawyers and consular representatives. They must also not be punished without fair legal processes.

    Reports that Madleen passengers have been detained and are facing deportation raise concerns about whether these standards are being upheld.

    In response to the ship’s interception, the Hind Rajab Foundation, a nonprofit advocacy group, has filed a complaint with the UK Metropolitan Police War Crimes Unit. The complaint alleges a number of breaches of international humanitarian law, including forcible detention, obstruction of humanitarian relief, and degrading treatment.

    Previous flotilla intercepted

    This is not the first time Israel has stopped an aid ship and faced accusations of violating the law of the sea and humanitarian law.

    In 2010, the Israeli military raided a flotilla of six ships organised by international activists aiming to deliver humanitarian aid to Gaza and challenge the blockade.

    Violence broke out on the largest vessel, the Mavi Marmara, resulting in the deaths of nine Turkish nationals and injuries to dozens of others. The incident drew international condemnation. Israel agreed to ease its blockade after the incident.

    A fact-finding mission established by the UN Human Rights Council found that Israel violated a number of international laws and that its blockade was “inflicting disproportionate damage upon the civilian population”.

    This is not just a political or moral issue – it’s a legal one. International law lays out clear rules for when and how a country can enforce blockades, intercept vessels and treat civilians.

    Based on these rules, serious legal questions remain about Israel’s handling of the Madleen and its passengers.

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

    ref. There are clear laws on enforcing blockades – Israel’s interception of the Madleen raises serious questions – https://theconversation.com/there-are-clear-laws-on-enforcing-blockades-israels-interception-of-the-madleen-raises-serious-questions-258562

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: China extends visa-free access to 4 Gulf countries

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

    Tourists from Australia pose for photos at the Tiantan (Temple of Heaven) Park in Beijing, capital of China, May 1, 2025. [Photo/Xinhua]

    China this week launched a trial policy that grants unilateral visa-free entry to citizens of Saudi Arabia, Oman, Kuwait, and Bahrain, expanding its unilateral visa-free access list to 47 countries.

    Under the policy, which will remain in effect through June 8, 2026, holders of ordinary passports from these four countries can enter China without a visa for up to 30 days for purposes such as business, tourism, family visits, cultural exchange, and transit.

    Both the United Arab Emirates (UAE) and Qatar have established reciprocal visa-free arrangements with China since 2018, which means all six member states of the Gulf Cooperation Council (GCC) now enjoy visa-free access to China.

    The expansion has been warmly welcomed across the Gulf region and is expected to boost bilateral exchanges, strengthen cultural and people-to-people ties, and inject new momentum into broader China-GCC cooperation.

    In a statement posted on platform X following China’s announcement in late May, the Saudi Ministry of Foreign Affairs said the move would “contribute to encouraging mutual visits and deepening the bonds of friendship between the two friendly peoples.”

    Emirati travel influencer Abdulla Alblooshi praised the policy in a video on social media, calling it a major benefit for Gulf travelers. “Now, all you need is your passport to travel to China,” he said.

    Naif Awlia, director of tourism and engagement at Saudi tourism developer Diriyah Company, also hailed the policy as a positive step forward. “Friendly ties are the foundation of long-term cooperation, and we look forward to deepening our partnership with China,” he said.

    Kanoo Travel, one of the largest travel companies in the Gulf region and an early mover in promoting outbound tourism to China, has launched new travel packages since the announcement, targeting residents of the UAE, Bahrain, and Saudi Arabia.

    Harvey Lines, Acting CEO of Kanoo Travel, called the new policy “a gateway to expanded China-Arab cooperation,” adding that the company is committed to facilitating closer people-to-people exchanges between China and the Gulf region — and the broader Arab world.

    China and Gulf countries already enjoy strong air travel connectivity, and the new visa-free policy is anticipated to further boost travel volume.

    Currently, about 20 direct flights operate weekly between major Chinese cities — including Beijing, Shanghai, Guangzhou, and Shenzhen — and Saudi destinations such as Riyadh and Jeddah. The UAE is connected to 13 cities across the Chinese mainland with direct flights.

    Looking ahead, Chinese carrier Hainan Airlines plans to launch a direct Haikou-Jeddah route on June 28, while UAE carrier Emirates will begin daily nonstop service between Dubai and Shenzhen on July 1.

    Observers say the new policy reflects the growing political, economic, and cultural ties between China and the Gulf region. In 2024, trade between China and GCC countries reached 288.09 billion U.S. dollars, making the GCC China’s sixth-largest trading partner.

    Wen Shaobiao, a Middle East researcher at Shanghai International Studies University, noted that the visa-free policy will significantly reduce travel time costs and facilitate large-scale, two-way mobility.

    “It will encourage people-to-people exchanges and academic collaboration while helping to advance trade, investment, and joint projects, aligning with business sector expectations,” Wen said.

    The latest step underscores China’s continued push to open its doors wider to global visitors, in line with its commitment to high-level opening-up.

    Since late 2023, China has introduced a series of traveler-friendly policies. Starting June 1, holders of ordinary passports from Brazil, Argentina, Chile, Peru, and Uruguay are eligible for unilateral visa-free entry — the first time such access has been extended to Latin American and Caribbean nations.

    Additionally, the visa-free transit period has been extended to 240 hours for travelers from 54 countries.

    These initiatives have already had a noticeable impact. In 2024, China recorded 3.39 million entries under its unilateral visa-free policy, a year-on-year surge of 1,200 percent. During the recent three-day Dragon Boat Festival holiday, 231,000 foreigners entered China without a visa, up 59.4 percent from a year earlier.

    Dai Bin, president of the China Tourism Academy, said foreign travelers come not only to visit China’s landscapes and cities but also to experience everyday life. “These visits offer opportunities to discover the real China,” he said.

    MIL OSI China News

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for June 10, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on June 10, 2025.

    Why won’t my cough go away?
    Source: The Conversation (Au and NZ) – By David King, Senior Lecturer in General Practice, The University of Queensland Mladen Zivkovic/Shutterstock A persistent cough can be embarrassing, especially if people think you have COVID. Coughing frequently can also make you physically tired, interfere with sleep and trigger urinary incontinence. As a GP, I have even

    Bangarra Dance Theatre’s Illume is spectacle with heart and spirit, a thrilling manifestation of Country
    Source: The Conversation (Au and NZ) – By Erin Brannigan, Associate Professor, Theatre and Performance, UNSW Sydney Bangarra/Daniel Boud The stage is covered in stars that fill the depth of the space. When the 18 dancers slowly gather, they move through a night sky. This sky, and the scenes that unfold in Bangarra’s Illume are

    Starlink is transforming Pacific internet access – but in some countries it’s still illegal
    Source: The Conversation (Au and NZ) – By Amanda H.A. Watson, Fellow, Department of Pacific Affairs, Australian National University Solomon aligning the Starlink dish on the roof of his friend’s home in Vanuatu. Paul Basant In the past few years, Starlink’s satellite internet service has become available across much of the Pacific. This has created

    9 myths about electric vehicles have taken hold. A new study shows how many people fall for them
    Source: The Conversation (Au and NZ) – By Christian Bretter, Senior Research Fellow in Environmental Psychology, The University of Queensland More people believe misinformation about electric vehicles than disagree with it and even EV owners tend to believe the myths, our new research shows. We investigated the prevalence of misinformation about EVs in four countries

    Keith Rankin Analysis – Remembering New Zealand’s Missing Tragedy
    Analysis by Keith Rankin. Every country has its tragedies. A few are highly remembered. Most are semi-remembered. Others are almost entirely forgotten. Sometimes the loss of memory is due to these tragedies being to a degree international, seemingly making it somebody else’s ‘duty’ to remember them. This could have been the case with the Air

    A 10-fold increase in rocket launches would start harming the ozone layer – new research
    Source: The Conversation (Au and NZ) – By Laura Revell, Associate Professor in Atmospheric Chemistry, University of Canterbury Han Jiajun/VCG via Getty Images The international space industry is on a growth trajectory, but new research shows a rapid increase in rocket launches would damage the ozone layer. Several hundred rockets are launched globally each year

    For the first time, fossil stomach contents of a sauropod dinosaur reveal what they really ate
    Source: The Conversation (Au and NZ) – By Stephen Poropat, Research Associate, School of Earth and Planetary Sciences, Curtin University Artist’s reconstruction of Judy. Travis Tischler Since the late 19th century, sauropod dinosaurs (long-necks like Brontosaurus and Brachiosaurus) have been almost universally regarded as herbivores, or plant eaters. However, until recently, no direct evidence –

    The Racial Discrimination Act at 50: the bumpy, years-long journey to Australia’s first human rights laws
    Source: The Conversation (Au and NZ) – By Azadeh Dastyari, Director, Research and Policy, Whitlam Institute, Western Sydney University On June 11, Australia marks 50 years since the Racial Discrimination Act became law. This important legislation helps make sure people are treated equally no matter their race, skin colour, background, or where they come from.

    Fake news and real cannibalism: a cautionary tale from the Dutch Golden Age
    Source: The Conversation (Au and NZ) – By Garritt C. Van Dyk, Senior Lecturer in History, University of Waikato The Corpses of the De Witt Brothers, attributed to Jan de Baen, c. 1672-1675. Rijksmuseum The Dutch Golden Age, beginning in 1588, is known for the art of Rembrandt, the invention of the microscope, and the

    Some economists have called for a radical ‘global wealth tax’ on billionaires. How would that work?
    Source: The Conversation (Au and NZ) – By Venkat Narayanan, Senior Lecturer – Accounting and Tax, RMIT University Rudy Balasko/Shutterstock Earlier this year, I attended a housing conference in Sydney. The event’s opening address centred on the way Australia seems to be becoming like 18th-century England – a country where inheritance largely determines one’s opportunities

    Australia’s whooping cough surge is not over – and it doesn’t just affect babies
    Source: The Conversation (Au and NZ) – By Niall Johnston, Conjoint Associate Lecturer, Faculty of Medicine, UNSW Sydney Tomsickova Tatyana/Shutterstock Whooping cough (pertussis) is always circulating in Australia, and epidemics are expected every three to four years. However, the numbers we’re seeing with the current surge – which started in 2024 – are higher than

    As livestock numbers grow, wild animal populations plummet. Giving all creatures a better future will take a major rethink
    Source: The Conversation (Au and NZ) – By Clive Phillips, Adjunct Professor in Animal Welfare, Curtin University Toa55/Shutterstock As a teenager in the 1970s, I worked on a typical dairy farm in England. Fifty cows grazed on lush pastures for most of their long lives, each producing about 12 litres of milk daily. They were

    Johannesburg’s problems can be solved – but it’s a long journey to fix South Africa’s economic powerhouse
    Source: The Conversation (Au and NZ) – By Philip Harrison, Professor School of Architecture and Planning, University of the Witwatersrand South African president Cyril Ramaphosa met senior leaders of Johannesburg and Gauteng, the province it’s located in, in March 2025 to discuss ways to arrest the steep decline in South Africa’s largest city. Ramaphosa announced

    Albanese says the government’s focus on delivering commitments is essential to reinforce faith in democracy
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Prime Minister Anthony Albanese says his second term government is “focused on delivery” of its commitments, declaring this is important not only for the economy but also for Australians’ faith in our democracy. In a speech to the National Press

    Why Israel’s ‘humane’ propaganda is such a sinister facade
    COMMENTARY: By Cole Martin in Occupied Bethlehem Many people have been closely following the journey this week of the Madleen, a small humanitarian yacht seeking to break Israel’s illegal blockade of Gaza with a crew of 12 on board, including humanitarian activists and journalists. This morning we woke to the harrowing, yet not unexpected, news

    Trump has long speculated about using force against his own people. Now he has the pretext to do so
    Source: The Conversation (Au and NZ) – By Emma Shortis, Adjunct Senior Fellow, School of Global, Urban and Social Studies, RMIT University “You just [expletive] shot the reporter!” Australian journalist Lauren Tomasi was in the middle of a live cross, covering the protests against the Trump administration’s mass deportation policy in Los Angeles, California. As

    Palestinian supporters in NZ accuse Israel of ‘state piracy’ and condemn silence
    Asia Pacific Report Israel’s military attack and boarding of the humanitarian boat Madleen attempting to deliver food and medical aid to the besieged people of Gaza has been condemned by New Zealand Palestinian advocacy groups as a “staggering act of state piracy”. The vessel was in international waters, carrying aid workers, doctors, journalists, and supplies

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Ranking Member McCollum: Defense Funding Bill Hurts Our Servicemembers, Undermines Military Readiness and Our Allies in Ukraine

    Source: United States House of Representatives – Congresswoman Betty McCollum (DFL-Minn)

    WASHINGTON — House Appropriations Committee Republicans today released their 2026 Defense funding bill, which will be considered by the Defense subcommittee tomorrow. Instead of working with House Democrats to strengthen our national security and prioritize the quality of life for our servicemembers and their families, the bill undermines democracy at home and abroad and includes harmful and divisive policy riders that would hurt military readiness.

    For fiscal year 2026, the bill provides $831.5 billion, which is equal to current funding levels and $1.3 billion above the Administration’s fiscal year 2026 request.

    Republicans have included language directing the Department of Defense to determine $7.75 billion in cuts to amounts listed in the bill. This jeopardizes every program other than intelligence activities. If made uniformly, it would reduce everything by approximately 1 percent, which would mean cuts of almost $2 billion for troop pay, over $2 billion for troop readiness, $409 million for health programs, $5 million each for Israel and Jordan, and over $2 billion for the procurement and modernization of weapons systems. At a time when the Trump Administration is already illegally stealing from American communities by refusing to spend funds, it is unfathomable that the Appropriations Committee would allow the administration to unilaterally make nearly $8 billion in cuts to defense investments.

    The legislation:

    • Weakens Ukraine and empowers Russia by eliminating support for the Ukraine Security Assistance Initiative.
    • Undermines democracy at home and abroad by allowing disinformation and extremist views to flourish.
    • Limits women’s access to abortion by preventing service personnel from traveling to seek reproductive health care
    • Harms our military readiness with divisive provisions that undermine morale and fail to support our service personnel, by:
      • Continuing DOGE and the Administration’s cuts to vital civilian positions;
      • Attacking the LGBTQ+ community with hateful policies; and
      • Banning funding for diversity, equity, and inclusion efforts.

    “It disappoints me that I’m unable to support this bill as written, and we find ourselves in this position because the Trump administration has failed to get us the information we need in time to produce a complete budget request. The nation’s defense programs require a detailed annual review. But without the President’s budget request, this committee is unable to complete its work in a thoughtful and timely manner,” Defense Appropriations Subcommittee Ranking Member Betty McCollum (D-MN-04) said. “The president proposes, Congress disposes – that’s the way our system works. There are consequences to the taxpayer and to our military’s readiness when this process is not adhered to. It is deeply unfortunate that the Trump administration has put the Committee in this position. I look forward to working with the committee to improve the bill as it goes through the process in the subcommittee, in full committee, on the floor, and in conference. Our national security and strategic defense priorities are too important to risk getting it wrong.”

    “Our allies and our adversaries are watching as House Republicans propose a Defense funding bill that will empower Russia, impair our own military readiness and national security, and put politics above our own servicemembers,” Appropriations Committee Ranking Member Rosa DeLauro (D-CT-03) said. “This is not a bill meant to responsibly fund our nation’s defense and promote and protect democracy. Instead, this bill advances and acquiesces to Elon Musk’s and President Trump’s reckless purging of critical civilian personnel, their equivocation on support for Ukraine, and their relentless politicizing of our troops. It is deeply regrettable that the conflicts our military must confront abroad, the issues we must confront within the Department of Defense, and the quality of life for our servicemembers and military families are not priorities of President Trump and House Republicans.”

    A summary of House Republicans’ 2026 Defense bill is here. A fact sheet of the bill is here. The full text of the bill is here.

    MIL OSI USA News

  • MIL-OSI China: Russia to build 8 nuclear plants in Iran: atomic chief

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

    People work at the construction site of the second phase of Iran’s Bushehr Nuclear Power Plant in Bushehr, southern Iran, on Nov. 10, 2019. [Photo/Xinhua]

    Iranian atomic chief has announced that Russia will construct eight nuclear power plants in Iran under a previously signed contract between the two countries, the official news agency IRNA reported.

    President of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami made the remarks on Monday during a visit by members of the Iranian parliament’s national security and foreign policy committee to the AEOI headquarters in Tehran.

    Eslami stated that four of the eight planned nuclear reactors would be constructed in the southern province of Bushehr.

    He also updated lawmakers on the ongoing construction of units 2 and 3 at the existing Bushehr Nuclear Power Plant, emphasizing that those units are being built by Iranian companies.

    Speaking to reporters after the parliamentary delegation’s visit, Eslami added that the AEOI has plans to triple Iran’s nuclear power generation capacity, as part of the country’s broader energy development strategy.

    Completed by Russia in May 2011, the Bushehr plant, Iran’s first and only operational nuclear power facility, has been central to the country’s civilian nuclear energy program and has long involved cooperation with Russia’s state nuclear agency, Rosatom. 

    MIL OSI China News

  • MIL-OSI Economics: New handhelds combine the power of Xbox with the freedom of Windows 11

    Source: Microsoft

    Headline: New handhelds combine the power of Xbox with the freedom of Windows 11

    Together, we’ve combined our strengths and technical expertise to introduce something entirely new: the ROG Xbox Ally and ROG Xbox Ally X. These handhelds are built to make it easier than ever to access your favorite games—from Xbox, Battle.net, and other leading PC storefronts—all from a single device.

    This holiday, with ASUS, players can discover another way to play as we combine the power of Xbox with the freedom you expect from Windows. And this is only the beginning.

    Meet the ROG Xbox Ally and ROG Xbox Ally X

    • ROG Xbox Ally: The essential handheld at a great value for everyone from the casual player to the avid enthusiast.
    • ROG Xbox Ally X: The ultimate high-performance handheld, built for the most demanding players.

    Both handhelds allow players to play natively, via the cloud, or remotely with their Xbox console in another room.

    Next-Level Features Designed for Play Anywhere

    With the Xbox Ally and Xbox Ally X, players can look forward to an approachable gaming experience that travels with you wherever you go, featuring several new and first-of-their kind features on both devices—from an immersive Xbox full screen experience, an aggregated gaming library with access to installed games from leading PC storefronts, and more.

    We’ve optimized Windows 11 to be easy to use on the Xbox Ally and Xbox Ally X from the moment you power on. Game Bar makes it easy to return home, browse your library, launch or quit games, chat with friends, open apps, adjust settings, and more. Now, with the integration of ASUS’s innovative Armoury Crate, Game Bar also gives you streamlined access to advanced device and input controls. Details like the lock screen and task switcher have also been adjusted for easy navigation with a controller.

    Because these handhelds run Windows, you have access to games you can’t get elsewhere, so you can enjoy the full freedom and versatility of PC gaming—download games from your favorite storefront, run apps like Discord, watch your favorite streamers on Twitch, and play with your favorite mods—all straight from the Xbox experience. The choice is yours.

    Introducing the Xbox Experience for Handheld

    When you power on your Xbox Ally, you’ll boot directly into the Xbox full screen experience, a new feature optimized specifically for handheld gaming. With new modifications that minimize background activity and defer non-essential tasks, more system resources are dedicated specifically to gameplay. That means more memory, higher framerates, and a fully immersive experience for players—all made possible by the versatility and freedom of Windows.

    The Xbox Ally has more familiar Xbox touches, including:

    • Xbox button: With a dedicated Xbox button, players have access to chat, apps, and settings through an enhanced Game Bar overlay, allowing you to quickly switch between running apps and games.
    • Contoured grips: Created with player comfort in mind, and using the same design principles as Xbox Wireless Controllers, the Xbox Ally and Xbox Ally X feature contoured handgrips to accommodate a wider range of hand sizes.
    • Accessibility features: Game Bar and the Xbox app have also been optimized for handheld use, bringing along familiar accessibility features from Xbox consoles and Windows PCs, with much more to come in future.

    Easy Access to Games from Xbox, Leading PC Storefronts, and More

    Locating and accessing games across multiple channels can be a challenge —navigating through various browsers, storefronts, and login credentials can sometimes make gaming feel anything but fun. But with the Xbox Ally and Xbox Ally X, getting into the fun is easier and faster than ever.

    Within the Xbox full screen experience, players will see their aggregated gaming library, giving them quick access to games from Xbox, Game Pass, Battle.net, and other leading PC storefronts. With this new feature, your Xbox library, hundreds of Game Pass titles (membership required), and all your installed games from other PC game stores are always at your fingertips.

    We’re also making handheld gaming more seamless through our investment in Xbox Play Anywhere. With support for over 1,000 games, a single purchase means you can play with Xbox, including your progress and achievements, across Xbox console, PC and Xbox Ally—at no additional cost. And when you power on your Xbox Ally or Xbox Ally X, your favorite games are already there, ready to play. Whether you’ve been gaming on Xbox console, Xbox on PC, or in the cloud, everything syncs effortlessly. With Xbox Cloud Gaming (Beta) or Remote Play, you can access your full Xbox console library and keep playing—wherever you are.

    And yes…there’s still even more to come:

    • We’re excited to partner with Roblox for the launch of Xbox Ally. For the first time ever, Roblox will be playable natively and optimized for gaming handhelds, enabling players to play with millions of people and discover a variety of immersive games on day one.
    • We are working closely with our game developer partners on a brand-new program designed to help players easily identify which games have been optimized for handhelds, including the Xbox Ally and Xbox Ally X. We will share more details soon. 
    • Players who purchase an Xbox Ally or Xbox Ally X and are new to Game Pass will also be able to get started at no additional cost, accessing hundreds of games like Balatro, Gears Tactics, Vampire Survivors and more, straight from your device.
    • Players on either device will be able to tap into Gaming Copilot via Game Bar, a personalized gaming companion that helps you get to your favorite games faster, improve your skills, and connect you with your friends and communities.

    Two Great Choices & A First Look at Specs

    The Xbox Ally and Xbox Ally X are perfect for players looking to take an approachable gaming experience with you during travels— whether it’s between airports, or between the comfiest chairs in the living room.

    Both handhelds run on AMD processors that deliver premium gaming performance, immersive visuals, and more.

    The Xbox Ally offers great value for anyone looking to take their favorite games wherever they want to play, whether it’s Clair Obscur: Expedition 33, Gears of War: Reloaded, Lies of P, South of Midnight, or many more. It’s powered by the AMD Ryzen Z2 A Processor—balancing performance and power consumption to maximize battery life without sacrificing gameplay quality—16GB of RAM and 512GB of SSD storage.

    The Xbox Ally X offers more for players looking to get the best level of performance and visual settings from their favorite games on a handheld. It features the AMD Ryzen AI Z2 Extreme processor—allowing us to power the latest AI features as they are introduced— double the storage to have more native games at your fingertips, and 24GB of high-speed RAM that more demanding games crave. The Xbox Ally X also features impulse triggers for more immersive play.

    Here’s how the specs compare between the Xbox Ally and Xbox Ally X:

        ROG Xbox Ally   ROG Xbox Ally X  
    Operating System   Windows 11 Home   Windows 11 Home  
     Comfort & input    Contoured grips inspired by Xbox Wireless Controllers deliver all-day comfort. ABXY buttons / D-pad / L & R Hall Effect analog triggers / L & R bumpers / Xbox button / View button / Menu button / Command Center button / Library button / 2x assignable back buttons / 2x full-size analog sticks / HD haptics / 6-Axis IMU   Contoured grips inspired by Xbox Wireless Controllers deliver all-day comfort, complete with impulse triggers for enhanced control.  ABXY buttons / D-pad / L & R impulse triggers / L & R bumpers / Xbox button / View button / Menu button / Command Center button / Library button / 2x assignable back buttons / 2x full-size analog sticks / HD haptics / 6-Axis IMU  
    Processor   AMD Ryzen Z2 A Processor   AMD Ryzen AI Z2 Extreme Processor  
    Memory   16GB LPDDR5X-6400   24GB LPDDR5X-8000  
    Storage   512GB M.2 2280 SSD for easier upgrade   1TB M.2 2280 SSD for easier upgrade  
    Display   7” FHD (1080p) IPS, 500 nits, 16:9  
    120Hz refresh rate  
    FreeSync Premium  
    Corning Gorilla Glass Victus + DXC Anti-Reflection 
    7” FHD (1080p) IPS, 500 nits, 16:9  
    120Hz refresh rate  
    FreeSync Premium  
    Corning Gorilla Glass Victus + DXC Anti-Reflection 
    I/O Ports   2x USB 3.2 Gen 2 Type-C with DisplayPort 1.4 / Power Delivery 3.0   1x USB4 Type-C with DisplayPort 2.1 / Power Delivery 3.0, Thunderbolt 4 compatible  
    1x UHS-II microSD card reader (supports SD, SDXC and SDHC)   1x USB 3.2 Gen 2 Type-C with DisplayPort 2.1 / Power Delivery 3.0  
    1x 3.5mm Combo Audio Jack   1x UHS-II microSD card reader (supports SD, SDXC and SDHC; UHS-I with DDR200 mode)  
        1x 3.5mm Combo Audio Jack  
    Network and Communication   Wi-Fi 6E (2 x 2) + Bluetooth 5.4   Wi-Fi 6E (2 x 2) + Bluetooth 5.4  
    Dimensions   290.8*121.5*50.7mm   290.8*121.5*50.7mm  
    670g   715g  
    Battery   60Wh   80Wh  
    Included   ROG Xbox Ally  65W charger  Stand   ROG Xbox Ally X  65W charger  Stand  

    Pre-orders, Pricing, Accessories and More – Coming Soon

    At launch this holiday, the Xbox Ally and Xbox Ally X will be available in Australia, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Korea, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Saudi Arabia, Singapore, Spain, Sweden, Switzerland, Thailand, Turkey, the United Arab Emirates, the United Kingdom, and the United States, with availability to follow for other markets where ROG Ally series products are sold today.

    But that’s not the only thing to look forward to. In the coming months, we’ll share even more details about the Xbox Ally and Xbox Ally X, including pricing, compatible accessories, and pre-orders. Interested in pre-ordering? Please sign up here to be notified when pre-orders go live.

    We can’t wait to share more about the Xbox Ally and Xbox Ally X. Thank you for joining us on this journey as we continue to fulfil our vision of delivering a consistent, approachable gaming experience anywhere—and meeting more players where you want to be.

    MIL OSI Economics

  • MIL-OSI Banking: New handhelds combine the power of Xbox with the freedom of Windows 11

    Source: Microsoft

    Headline: New handhelds combine the power of Xbox with the freedom of Windows 11

    Together, we’ve combined our strengths and technical expertise to introduce something entirely new: the ROG Xbox Ally and ROG Xbox Ally X. These handhelds are built to make it easier than ever to access your favorite games—from Xbox, Battle.net, and other leading PC storefronts—all from a single device.

    This holiday, with ASUS, players can discover another way to play as we combine the power of Xbox with the freedom you expect from Windows. And this is only the beginning.

    Meet the ROG Xbox Ally and ROG Xbox Ally X

    • ROG Xbox Ally: The essential handheld at a great value for everyone from the casual player to the avid enthusiast.
    • ROG Xbox Ally X: The ultimate high-performance handheld, built for the most demanding players.

    Both handhelds allow players to play natively, via the cloud, or remotely with their Xbox console in another room.

    Next-Level Features Designed for Play Anywhere

    With the Xbox Ally and Xbox Ally X, players can look forward to an approachable gaming experience that travels with you wherever you go, featuring several new and first-of-their kind features on both devices—from an immersive Xbox full screen experience, an aggregated gaming library with access to installed games from leading PC storefronts, and more.

    We’ve optimized Windows 11 to be easy to use on the Xbox Ally and Xbox Ally X from the moment you power on. Game Bar makes it easy to return home, browse your library, launch or quit games, chat with friends, open apps, adjust settings, and more. Now, with the integration of ASUS’s innovative Armoury Crate, Game Bar also gives you streamlined access to advanced device and input controls. Details like the lock screen and task switcher have also been adjusted for easy navigation with a controller.

    Because these handhelds run Windows, you have access to games you can’t get elsewhere, so you can enjoy the full freedom and versatility of PC gaming—download games from your favorite storefront, run apps like Discord, watch your favorite streamers on Twitch, and play with your favorite mods—all straight from the Xbox experience. The choice is yours.

    Introducing the Xbox Experience for Handheld

    When you power on your Xbox Ally, you’ll boot directly into the Xbox full screen experience, a new feature optimized specifically for handheld gaming. With new modifications that minimize background activity and defer non-essential tasks, more system resources are dedicated specifically to gameplay. That means more memory, higher framerates, and a fully immersive experience for players—all made possible by the versatility and freedom of Windows.

    The Xbox Ally has more familiar Xbox touches, including:

    • Xbox button: With a dedicated Xbox button, players have access to chat, apps, and settings through an enhanced Game Bar overlay, allowing you to quickly switch between running apps and games.
    • Contoured grips: Created with player comfort in mind, and using the same design principles as Xbox Wireless Controllers, the Xbox Ally and Xbox Ally X feature contoured handgrips to accommodate a wider range of hand sizes.
    • Accessibility features: Game Bar and the Xbox app have also been optimized for handheld use, bringing along familiar accessibility features from Xbox consoles and Windows PCs, with much more to come in future.

    Easy Access to Games from Xbox, Leading PC Storefronts, and More

    Locating and accessing games across multiple channels can be a challenge —navigating through various browsers, storefronts, and login credentials can sometimes make gaming feel anything but fun. But with the Xbox Ally and Xbox Ally X, getting into the fun is easier and faster than ever.

    Within the Xbox full screen experience, players will see their aggregated gaming library, giving them quick access to games from Xbox, Game Pass, Battle.net, and other leading PC storefronts. With this new feature, your Xbox library, hundreds of Game Pass titles (membership required), and all your installed games from other PC game stores are always at your fingertips.

    We’re also making handheld gaming more seamless through our investment in Xbox Play Anywhere. With support for over 1,000 games, a single purchase means you can play with Xbox, including your progress and achievements, across Xbox console, PC and Xbox Ally—at no additional cost. And when you power on your Xbox Ally or Xbox Ally X, your favorite games are already there, ready to play. Whether you’ve been gaming on Xbox console, Xbox on PC, or in the cloud, everything syncs effortlessly. With Xbox Cloud Gaming (Beta) or Remote Play, you can access your full Xbox console library and keep playing—wherever you are.

    And yes…there’s still even more to come:

    • We’re excited to partner with Roblox for the launch of Xbox Ally. For the first time ever, Roblox will be playable natively and optimized for gaming handhelds, enabling players to play with millions of people and discover a variety of immersive games on day one.
    • We are working closely with our game developer partners on a brand-new program designed to help players easily identify which games have been optimized for handhelds, including the Xbox Ally and Xbox Ally X. We will share more details soon. 
    • Players who purchase an Xbox Ally or Xbox Ally X and are new to Game Pass will also be able to get started at no additional cost, accessing hundreds of games like Balatro, Gears Tactics, Vampire Survivors and more, straight from your device.
    • Players on either device will be able to tap into Gaming Copilot via Game Bar, a personalized gaming companion that helps you get to your favorite games faster, improve your skills, and connect you with your friends and communities.

    Two Great Choices & A First Look at Specs

    The Xbox Ally and Xbox Ally X are perfect for players looking to take an approachable gaming experience with you during travels— whether it’s between airports, or between the comfiest chairs in the living room.

    Both handhelds run on AMD processors that deliver premium gaming performance, immersive visuals, and more.

    The Xbox Ally offers great value for anyone looking to take their favorite games wherever they want to play, whether it’s Clair Obscur: Expedition 33, Gears of War: Reloaded, Lies of P, South of Midnight, or many more. It’s powered by the AMD Ryzen Z2 A Processor—balancing performance and power consumption to maximize battery life without sacrificing gameplay quality—16GB of RAM and 512GB of SSD storage.

    The Xbox Ally X offers more for players looking to get the best level of performance and visual settings from their favorite games on a handheld. It features the AMD Ryzen AI Z2 Extreme processor—allowing us to power the latest AI features as they are introduced— double the storage to have more native games at your fingertips, and 24GB of high-speed RAM that more demanding games crave. The Xbox Ally X also features impulse triggers for more immersive play.

    Here’s how the specs compare between the Xbox Ally and Xbox Ally X:

        ROG Xbox Ally   ROG Xbox Ally X  
    Operating System   Windows 11 Home   Windows 11 Home  
     Comfort & input    Contoured grips inspired by Xbox Wireless Controllers deliver all-day comfort. ABXY buttons / D-pad / L & R Hall Effect analog triggers / L & R bumpers / Xbox button / View button / Menu button / Command Center button / Library button / 2x assignable back buttons / 2x full-size analog sticks / HD haptics / 6-Axis IMU   Contoured grips inspired by Xbox Wireless Controllers deliver all-day comfort, complete with impulse triggers for enhanced control.  ABXY buttons / D-pad / L & R impulse triggers / L & R bumpers / Xbox button / View button / Menu button / Command Center button / Library button / 2x assignable back buttons / 2x full-size analog sticks / HD haptics / 6-Axis IMU  
    Processor   AMD Ryzen Z2 A Processor   AMD Ryzen AI Z2 Extreme Processor  
    Memory   16GB LPDDR5X-6400   24GB LPDDR5X-8000  
    Storage   512GB M.2 2280 SSD for easier upgrade   1TB M.2 2280 SSD for easier upgrade  
    Display   7” FHD (1080p) IPS, 500 nits, 16:9  
    120Hz refresh rate  
    FreeSync Premium  
    Corning Gorilla Glass Victus + DXC Anti-Reflection 
    7” FHD (1080p) IPS, 500 nits, 16:9  
    120Hz refresh rate  
    FreeSync Premium  
    Corning Gorilla Glass Victus + DXC Anti-Reflection 
    I/O Ports   2x USB 3.2 Gen 2 Type-C with DisplayPort 1.4 / Power Delivery 3.0   1x USB4 Type-C with DisplayPort 2.1 / Power Delivery 3.0, Thunderbolt 4 compatible  
    1x UHS-II microSD card reader (supports SD, SDXC and SDHC)   1x USB 3.2 Gen 2 Type-C with DisplayPort 2.1 / Power Delivery 3.0  
    1x 3.5mm Combo Audio Jack   1x UHS-II microSD card reader (supports SD, SDXC and SDHC; UHS-I with DDR200 mode)  
        1x 3.5mm Combo Audio Jack  
    Network and Communication   Wi-Fi 6E (2 x 2) + Bluetooth 5.4   Wi-Fi 6E (2 x 2) + Bluetooth 5.4  
    Dimensions   290.8*121.5*50.7mm   290.8*121.5*50.7mm  
    670g   715g  
    Battery   60Wh   80Wh  
    Included   ROG Xbox Ally  65W charger  Stand   ROG Xbox Ally X  65W charger  Stand  

    Pre-orders, Pricing, Accessories and More – Coming Soon

    At launch this holiday, the Xbox Ally and Xbox Ally X will be available in Australia, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Korea, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Saudi Arabia, Singapore, Spain, Sweden, Switzerland, Thailand, Turkey, the United Arab Emirates, the United Kingdom, and the United States, with availability to follow for other markets where ROG Ally series products are sold today.

    But that’s not the only thing to look forward to. In the coming months, we’ll share even more details about the Xbox Ally and Xbox Ally X, including pricing, compatible accessories, and pre-orders. Interested in pre-ordering? Please sign up here to be notified when pre-orders go live.

    We can’t wait to share more about the Xbox Ally and Xbox Ally X. Thank you for joining us on this journey as we continue to fulfil our vision of delivering a consistent, approachable gaming experience anywhere—and meeting more players where you want to be.

    MIL OSI Global Banks

  • MIL-OSI United Nations: UN honours peacekeepers’ service and sacrifice

    Source: United Nations – Peacekeeping

    The United Nations honoured staff serving at its field missions through several events to mark the International Day of UN Peacekeepers on Thursday. 

    The first UN peacekeeping operation was established in 1948 and today more than 68,000 civilian, military, and police personnel are posted at 11 missions in Africa, Asia, Europe and the Middle East as well as at Headquarters in New York.

    The Day pays tribute to their unwavering service and sacrifice while honouring the more than 4,400 blue helmets who have died in the line of duty over the decades – 57 in 2024 alone.

    This year’s theme focuses on the future of peacekeeping and Secretary-General António Guterres noted that “peacekeepers face increasingly complex situations in an increasingly complex world.”

    Deadly misinformation

    He highlighted growing polarization and division across the globe, threats such as terrorism and deadly misinformation targeting peacekeepers, as well as challenges that transcend borders ranging from climate change to transnational crime.

    “Now more than ever, the world needs the United Nations – and the United Nations needs peacekeeping that is fully equipped for today’s realities and tomorrow’s challenges,” he said.

    The Secretary-General stressed that “it is essential that peacekeepers have what they need to do their jobs” and “this is the shared responsibility of the United Nations and Member States.”

    The commemoration at Headquarters included a wreath-laying ceremony as well as the presentation of awards to two outstanding women peacekeepers whose work helps to advance gender equality in the field. 

    Listen to our interview with Squadron Leader Sharon Mwinsote Syme of Ghana, the 2024 UN Military Gender Advocate of the Year.

    ‘A very rewarding job’

    Meanwhile, peacekeepers have been sharing what it means to serve under the UN flag.

    “It’s a very rewarding job because you really do have a lot of contact with the civilian population and their concerns, their culture, their needs,” said Lieutenant Colonel Agustín García from Spain, deployed at the UN Interim Force in Lebanon (UNIFIL).

    The mission was established in 1978 to confirm Israel’s withdrawal from Lebanon and the mandate was most recently defined in a 2006 Security Council resolution which called for a full cessation of hostilities between Hezbollah and Israel following their 34-day war on Lebanese territory that year.

    Despite conflict between the sides last year, UNIFIL remains on the ground, supporting the Lebanese Armed Forces (LAF) in its efforts to restore government authority in the south and providing vital assistance to local communities including security, humanitarian aid and reconstruction of schools and hospitals.

    Making a difference

    Peacekeepers have served in challenging conditions ever since military observers were first dispatched nearly 80 years ago to monitor the armistice agreement between Israel and neighbouring countries. 

    “Most of our missions have deteriorated political and security environments,” the head of UN Peacekeeping Jean-Pierre Lacroix told journalists in New York.

    He listed UNIFIL, the stabilization mission in the Democratic Republic of the Congo, MONUSCO, and the observer force in the Golan (UNDOF) as examples.

    Peacekeepers everywhere “are making a critical difference on the ground in spite of all these challenges,” he said.

    “I want to insist that by preserving ceasefires, by preventing the resumption of violence in those environments, by protecting every single day hundreds of thousands of civilians, our peacekeepers are really making a huge difference in the field.”

    A vital partnership

    For Mr. Lacroix, the annual commemoration on 29 May is also a reminder of how peacekeeping is “a very vital international partnership” and this was on full display during a recent high-level summit held in Berlin, Germany.

    More than 130 delegations attended the UN Peacekeeping Ministerial which ended with many pledges of support including in areas such as personnel, specialized training and investments in emerging technologies.

    “The main takeaway from the Berlin meeting was that peacekeeping remains very strongly supported by Member States,” he said.

    “We take it as an encouragement for all the efforts that we’re making, and that we continue to make, to make sure that we remain fit for the future and nimble and adaptable, and also cost-effective.” 

    Remembering the fallen

    At the wreath-ceremony, peacekeepers gathered in the lobby of UN Headquarters alongside Secretary-General Guterres to remember their fallen colleagues.

    Dressed in national uniforms, topped by blue UN berets, they stood in silence and saluted as “Taps” rang out.

    The 57 peacekeepers who paid the ultimate price last year, as well as another who lost his life in 1973, were posthumously awarded the Dag Hammarskjöld Medal during another ceremony in the Economic and Social Council (ECOSOC) Chamber. 

    The award is named after the UN’s first Secretary-General who died in 1961 in a plane crash in what is now Zambia.

    “We hold them all in our hearts and we grieve with their families and loved ones. Their service and sacrifice will never be forgotten,” said Mr. Guterres.

    The mood shifted from solemn to celebratory as two women peacekeepers serving in the disputed Abyei region between Sudan and South Sudan were presented top UN military and police awards.

    Squadron Leader Sharon Mwinsote Syme of Ghana received the 2024 UN Military Gender Advocate Award while Chief Superintendent Zainab Mbalu Gbla of Sierra Leone was named the Woman Police Officer of the Year.

    Learn more about the laureates here

    MIL OSI United Nations News