SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced the launch of “AI Staff for Hire,” an AI solution developed by the Company’s SEAMLESS AI Lab, offering pre-built, AI-powered Agents tailored to specific business scenarios. With AI-driven automation poised to reshape industries globally, this innovative product positions CURRENC at the forefront of a rapidly expanding market for AI-powered workforce solutions.
Designed to meet the needs of enterprises across the finance industry, “AI Staff for Hire” automates critical functions such as customer support, debt collection, KYC, compliance, and HR management, empowering businesses to expand their operations without expanding their workforce. Platform users can select from a range of specialized AI Agents for specific tasks, including Internal Trainers, General Managers, KYC Officers, and Customer-Facing Sales Representatives. This flexibility, combined with cost-effective pricing models, allows businesses to scale operations, streamline workflows, and enhance service quality, while also benefiting from 24/7, multi-lingual support to improve global competitiveness.
Equipped with advanced material digestion, system integration, and key information extraction functionalities, “AI Staff for Hire” Agents provide real-time insights into customer interactions, boosting engagement and enabling more effective lead generation and marketing strategies. They can also improve data accuracy, generate detailed reports, and monitor for critical issues, offering businesses proactive relationship management tools. Internally, CURRENC’s AI Agents can be customized to train staff in customer service, operations, compliance, finance, and IT, and deliver comprehensive reporting, performance scoring and improvement suggestions.
“‘AI Staff for Hire’ represents a major step forward in CURRENC’s mission to transform global financial services with AI,” said Alex Kong, Founder and Executive Chairman of CURRENC. “Our innovative, cost-effective AI Agents integrate seamlessly into business environments worldwide, enabling enterprises of all sizes and budgets to quickly and efficiently scale their operations while adapting to the demands of the digital economy. Building on the success of our SEAMLESS AI Call Centre Solutions, “AI Staff for Hire” will expand the boundaries of AI application across banking, insurance, human resources, and other sectors. As the market for AI-powered solutions grows, CURRENC remains committed to propelling AI development that will redefine the future of the global financial industry.”
“AI Staff for Hire” is a key element in CURRENC’s comprehensive AI offering. Other key functions of our AI offering include app development, AI call centre capabilities, AI HR modules, and trading platforms specifically designed for smaller or newly established financial institutions such as eWallets, and banks. With CURRENC’s AI-powered tools, these organizations, often operating in regions with limited technological support, can rapidly launch sophisticated financial services without incurring heavy capex. As its AI offerings gain traction, CURRENC anticipates onboarding new clients in markets such as Oman, Pakistan, Egypt, Indonesia, India, and South America, bridging the digital divide and empowering local fintech ecosystems. Moreover, as CURRENC recruits new clients, there is a great opportunity for cross selling CURRENC’s digital remittance services and global airtime transfer services to the new clients, which could generate significant business synergy between the AI offerings and CURRENC’s existing businesses.
The future of work is rapidly shifting toward AI Agents and digital clones. McKinsey analysts predict that AI-driven staff could handle up to 70% of white-collar tasks by 2030. Entrepreneurs and small enterprises may evolve into “One-Person Unicorn Companies,” leveraging AI staff to manage entire operations. As the AI-powered agents market is estimated to exceed $4.71 billion in value by 2030, according to MarketsandMarkets, businesses adopting AI workforce solutions today will gain critical competitive advantages.
About CURRENC Group Inc. CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered Agents designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.
Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
Redemption price: 102.3625% (plus accrued but unpaid interests)
Record date: 8 April 2025
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For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no
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DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire, Netherlands and Yemen. More information is available at www.dno.no.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act, and published in accordance with section 6.2.2 of Euronext Oslo Rule Book II.
Manama, Bahrain –27th March 2025 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 124%
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.
The issue date of the bills is 2nd April 2025, and the maturity date is 2nd July 2025.
The weighted average rate of interest is 5.27% equivalent to the previous issue on 26th March 2025.
The approximate average price for the issue was 98.686% with the lowest accepted price being 98.584%.
This is issue No.2063 (ISIN BH000353H560) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion
GAZA, Palestine – Hundreds of thousands of people in Gaza are again at risk of severe hunger and malnutrition as humanitarian food stocks in the Strip dwindle and borders remain closed to aid. Meanwhile, the expansion of military activity in Gaza is severely disrupting food assistance operations and putting the lives of aid workers at risk every day.
Here are the latest updates on food security and WFP operations in Gaza.
WFP and partners from the food security sector have been unable to bring new food supplies into Gaza for more than three weeks. The closure of border crossings is blocking the entry of any commodities — humanitarian or commercial.
WFP has approximately 5,700 tons of food stocks left in Gaza – enough to support WFP operations for a maximum of two weeks.
With the deteriorating security situation, rapid displacement of people, and growing needs, WFP has decided to distribute as much food as possible, as quickly as possible in Gaza.
WFP operations currently support bakeries to produce bread, kitchens cooking hot meals, and the distribution of food parcels directly to families – each facing record low stocks inside Gaza:
Food parcels: WFP is reducing food parcel rations to reach as many people as possible. WFP plans to distribute food parcels to half a million people; the reduced size parcel will feed a family for roughly one week.
Bakeries: Wheat flour supplies aresufficient to support bread production for 800,000 people for five days only. Currently 19 of 25 WFP-supported bakeries remain operational, and many struggle with severe crowd control issues as fear of bread shortages spreads throughout the Strip.Functioning bakeries are ramping up production, working 20 percent over capacity to respond to increased needs caused by renewed displacement of people.
Hot meals: WFP has supplies to support 37 kitchens across Gaza cooking 500,000 hot meals per day for the next two weeks. Two WFP-supported hot meal kitchens are currently inactive due to evacuation orders and general insecurity.
Fortified biscuits: WFP has emergency stocks of fortified biscuits – enough for 415,000 people – which can be used as a last resort if all other food stocks are exhausted.
WFP and partners from the food security sector have positioned more than 85,000 tons of food commodities outside Gaza, ready to be brought in if border crossings are opened.
WFP needs 30,000 tons of food per month to meet the basic needs of around 1.1 million people.
Food prices have soared inside Gaza. The price of a 25kg bag of wheat flour sells for up to US$50, a 400 percent increase compared to pre-March 18 prices; cooking gas prices have increased by 300 percent compared to February.
Security incidents affecting UN staff are escalating, and movement is severely restricted, resulting in significant disruptions to food assistance operations.
WFP urges all parties to prioritize the needs of civilians, the protection of humanitarian workers and UN personnel, and access for aid to enter Gaza immediately.
WFP requires US$265 million in funding over the next six months to support life-saving operations that will assist 1.5 million people in Gaza and the West Bank.
# # #
The United Nations World Food Programme is the world’s largest humanitarian organization saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change.
HOLMDEL, N.J., March 27, 2025 (GLOBE NEWSWIRE) — BIO-key® International, Inc. (Nasdaq: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) solutions featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication, announced results for its fourth quarter (Q4’24) and year ended December 31, 2024 (2024). BIO-key’s 2023 results, which were restated and filed with the Company’s 2023 Form 10-K, are reflected in this release for comparison purposes. BIO-key will host an investor call today, Thursday, March 27th at 10:00am ET (details below).
BIO-key CEO, Mike DePasquale commented, “From a strategic standpoint, we substantially strengthened our business in 2024, growing our high-margin software license fee revenue by 20% while exiting our low margin services relationship with Swivel Secure to focus on BIO-key solutions such as PortalGuard IAM and our Identity-Bound Biometrics. This transition away from Swivel Secure licensed solutions resulted in an 11% decline in 2024 revenue, but enabled us to substantially improve overall profitability despite lower revenue.
“We also reduced operating expenses by 6% in 2024 and reduced cash used in operations by 23% to $2.91M in 2024 from $3.79M in 2023. With this transition behind us, we are in a much stronger position to grow and convert top-line revenue into bottom-line contribution.”
Recent Highlights
Mr. DePasquale, continued, “Moving forward, we are seeing very encouraging order demand for our solutions in national defense, financial services and education applications and particular strength in EMEA countries. We are seeing growing interest in our unique capabilities in passwordless, phoneless and tokenless authentication solutions which are best positioned to meet the most pressing security and usability challenges. Our biometric solutions are gaining solid traction in international markets across government, financial services and civil defense applications.
“For example, in Q4’24 we secured a $910K contract with a long-time financial services client to implement our biometric identification technology across its branches. The customer has already enrolled fingerprint biometrics for over 25M end-users and is now upgrading to BIO-key’s “fingerprint-only,” one-to-many identification system. Our solution is expected to trim approximately 30 seconds from each customer interaction, resulting in both an improved customer experience and substantial long-term savings.
“Our longstanding relationship with one of the world’s most esteemed defense ministries saw expanded deployment of our biometric solutions in 2024, a trend we expect to continue in 2025 and beyond. We currently provide authentication and digital security services for over 80,000 ministry personnel and believe that deployment could double or triple in coming years. To date, the ministry has generated $3.3M in total hardware and license revenue, and we are now working under a new long term procurement agreement initiated in Q3 2024.
“This past January, we forged a partnership with the National Bank of Egypt, which is integrating BIO-key’s PortalGuard IAM platform and an industry-leading Identity Governance solution. This project, led by our partner, Raya Information Technology, leverages PortalGuard’s advanced IAM, MFA, and SSO capabilities to secure the digital identities of the bank’s 30,000 employees, and we believe there is potential down the road for this solution to be utilized with its customers.
“BIO-key has also built an established and growing presence in education across over 100 institutions serving over 4M end users. In January, three additional colleges and universities migrated to PortalGuard IDaaS and the Wyoming Department of Education deployed PortalGuard IDaaS, adding a total of over 50,000 IDaaS end users. Building on this momentum, after an extensive RFP and review process, we executed a strategic partnership and Joint Purchase Agreement (JPA) with California’s Education Technology Joint Powers Authority (Ed Tech JPA). The agreement makes PortalGuard an approved IAM solution for the alliance’s 195 K-12 schools and districts, collectively serving over 2.6M students, uniquely positioning our offerings to comply solve Ed Tech JPA member IAM requirements, including compliance with emerging restrictions on the use of personal mobile devices in schools.
“In an effort to seed future market opportunities, in December we announced a strategic collaboration with Fiber Food Systems to explore IAM use cases across the food industry. As part of this agreement, we also acquired shares of Boumarang, Inc. from Fiber in exchange for BIO-key stock. Boumarang is a pioneering force in sustainable, AI-driven, hydrogen-powered, long-range drone technology, a developing market with a clear need for a state-of-the-art IAM solutions. The equity exchange strengthened our balance sheet and paved the way to a strategic collaboration with Guinn Partners to integrate our biometric technology with Guinn’s expertise in IoT and autonomous systems, targeting applications across aerospace, defense, healthcare, logistics and smart cities. These initiatives will take time to develop, but we believe that each of them has the potential to create attractive new commercial opportunities for BIO-key.
“We are off to a strong start in 2025 and believe we are well positioned to deliver improved top- and bottom-line performance. However, given the timing of large customer orders, our financial performance has the potential to fluctuate significantly on a quarter-to-quarter basis. Given increasing interest in our biometric solutions, growing adoption of passwordless, phoneless and tokenless IAM solutions, and the transition we executed in 2024 to a focus on higher-margin BIO-key solutions, we are very optimistic regarding our prospects this year. We remain focused on reducing costs to lower our breakeven level as we continue to explore new markets and strategic partnerships that could advance our path to sustained profitability and positive operating cash flow.”
Financial Results Please note that the audit our FY2024 financial statements has not been completed by our independent registered public accounting firm as of the date of this press release and are therefore subject to change.
2024 revenues decreased approximately 11% to $6.9M from $7.8M in 2023, largely due to BIO-key’s exit from a Swivel Secure Limited (SSL) distribution agreement and transition to selling BIO-key branded solutions in the EMEA region. The impact of this strategic decision contributed to more high-margin software license fee revenue and a reduction in services revenue from third-party products which carry a much lower gross margin. As a result, 2024 license fee revenue increased 20% to $5.2M in 2024 vs. $4.3M in 2023; service fees declined 50% to $1.1M in 2024 from $2.2 million in 2023; and hardware revenue declined 47% to $0.6M in 2024 from $1.2M in 2023.
In Q4’24 license fee revenue increased 77% to $1.0M; services revenue decreased 28% to $0.3M and hardware revenue declined 88% to $0.1M, also reflecting the impacts of the strategic transition from SSL products and services toward BIO-key solutions.
Gross profit grew to $5.6M in 2024 from $1.4M in 2023, due to a $3.6M hardware reserve taken in 2023 and the impact of growth in higher-margin license sales and a reduction in lower-margin services and hardware revenue. Exiting the SSL agreement contributed to lower costs to support deployments, including software license fees included in sales of Swivel Secure offerings vs. BIO-key’s internally developed software solutions. This resulted in gross profit increasing to $1.2M in Q4’24 vs. negative $95,496 in Q4’23, which included a $1.1M hardware reserve. Both Q4’24 and 2024 gross profit benefited from the sale of $213,005 of fully reserved hardware inventory.
BIO-key reduced its operating expenses by $606,409 to $9.7M in 2024 from $10.3M in 2023, due to a reduction of SG&A costs by $722,563, partially offset by a $116,154 increase in research, development and engineering expense to support new product development. Proactive cost reductions included lower headquarters expenses, sales personnel costs, and marketing show expenses, partially offset by an increase in professional services, principally related to financing activities. BIO-key’s Q4’24 operating expenses were flat year-over-year at $2.6M.
Reflecting greater gross profit and lower operating expenses, BIO-key’s 2024 net loss improved to $4.3M, or ($2.10) per share, from a net loss of $8.7M, or ($15.21) per share, in 2023. Similarly, BIO-key’s Q4’24 net loss improved to $1.6M, or ($0.53) per share, vs. $2.4M, or ($3.99) per share, in Q4’23. 2023 Results included hardware reserves of $3.6M and $1.086M in 2023 and Q4’23, respectively. 2024 results included a positive hardware reserve adjustment of $213,005 in Q4 for the sale of hardware that was previously reserved.
Balance Sheet As of December 31, 2024, BIO-key had $1.9M of current assets, including $438,000 of cash and cash equivalents, $0.8M of net accounts receivable and due from factor, and $378,000 of inventory. This compares to current assets of $2.6M at December 31, 2023, including approximately $511,000 of cash and cash equivalents, $1.3M of net accounts receivable and due from factor, and $446,000 of inventory.
BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software securing access for over forty million users. BIO-key allows customers to choose the right authentication factors for diverse use cases, including phoneless, tokenless, and passwordless biometric options. Its hosted or on-premise PortalGuard IAM solution provides cost-effective, easy-to-deploy, convenient, and secure access to computers, information, applications, and high-value transactions.
BIO-key Safe Harbor Statement All statements contained in this press release other than statements of historical facts are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). The words “estimate,” “project,” “intends,” “expects,” “anticipates,” “believes” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the “safe-harbor” provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue; our ability to raise additional capital to satisfy working capital needs; our ability to continue as a going concern; our ability to protect our intellectual property; changes in business conditions; changes in our sales strategy and product development plans; changes in the marketplace; continued services of our executive management team; security breaches; competition in the biometric technology industry; market acceptance of biometric products generally and our products under development; our ability to convert sales opportunities to customer contracts; our ability to expand into Asia and other foreign markets; our ability to migrate Swivel Secure customers to BIO-key and Portal Guard offerings; fluctuations in foreign currency exchange rates; delays in the development of products, the commercial, reputational and regulatory risks to our business that may arise as a consequence of the restatement of our financial statements, including any consequences of non-compliance with Securities and Exchange Commission and Nasdaq periodic reporting requirements; our temporary loss of the use of a Registration Statement on Form S-3 to register securities in the future;, any disruption to our business that may occur on a longer-term basis should we be unable to continue to maintain effective internal controls over financial reporting, and statements of assumption underlying any of the foregoing as well as other factors set forth under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements whether as a result of new information, future events, or otherwise.
BIO-key International,Inc. and Subsidiaries CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited)
Three Months Ended
Twelve Months Ended
December 31,
December 31,
2024
2023
2024
2023
Revenues
Services
$
344,444
$
478,005
$
1,108,506
$
2,218,885
License fees
1,023,701
577,669
5,189,370
4,342,010
Hardware
94,133
769,427
631,695
1,194,010
Total revenues
1,462,278
1,825,101
6,929,571
7,754,905
Costs and other expenses
Cost of services
73,317
221,940
396,274
861,936
Cost of license fees
146,122
152,000
589,505
1,174,919
Cost of hardware
255,927
460,157
516,611
700,231
Cost of hardware – reserve
(213,005
)
1,086,500
(213,005
)
3,586,500
Total costs and other expenses
262,361
1,920,597
1,289,385
6,323,586
Gross profit
1,199,917
(95,496
)
5,640,186
1,431,319
Operating Expenses
Selling, general and administrative
1,815,155
2,040,438
7,140,147
7,862,710
Research, development and engineering
812,072
587,900
2,511,080
2,394,926
Total Operating Expenses
2,627,227
2,628,338
9,651,227
10,257,636
Operating loss
(1,427,310
)
(2,723,834
)
(4,011,041
)
(8,826,317
)
Other income (expense)
Interest income
57
5,589
110
11,533
Gain from sale of asset
20,000
20,000
Loss on foreign currency transactions
(13,004
)
(24,000
)
(13,004
)
(39,000
)
Loan fee amortization
(60,000
)
–
(124,000
)
–
Change in fair value of convertible note
–
131,497
–
396,203
Interest expense
(66,932
)
(58,890
)
(175,755
)
(218,270
)
Total other income (expense), net
(139,879
)
74,196
(312,649
)
170,466
Loss before provision for income tax
(1,567,189
)
(2,649,638
)
(4,323,690
)
(8,655,851
)
Provision for (income tax) tax benefit
–
276,825
–
134,014
Net loss
$
(1,567,189
)
$
(2,372,813
)
$
(4,323,690
)
$
(8,521,837
)
Comprehensive loss:
Net loss
$
(1,567,189
)
$
(2,372,813
)
$
(4,323,690
)
$
(8,521,837
)
Other comprehensive income (loss) – Foreign currency translation adjustment
(25,409
)
138,029
26,469
265,423
Comprehensive loss
$
(1,592,598
)
$
(2,234,784
)
$
(4,297,221
)
$
(8,256,414
)
Basic and Diluted Loss per Common Share*
$
(0.53
)
$
(3.99
)
$
(2.10
)
$
(15.21
)
Weighted Average Common Shares Outstanding*
Basic and diluted
3,032,240
560,278
2,059,884
560,278
*Periods reflect impact of BIO-key’s 1-for-18 reverse stock split effective December 21, 2023.
Please note that the audit our FY2024 financial statements has not been completed by our independent registered public accounting firm as of the date of this press release and are therefore subject to change.
BIO-key International,Inc. and Subsidiaries CONSOLIDATED BALANCE SHEETS
December 31,
2024
2023
ASSETS
Cash and cash equivalents
$
437,604
$
511,400
Accounts receivable, net
718,229
1,201,526
Due from factor
74,170
99,320
Inventory, net of reserve
378,307
445,740
Prepaid expenses and other
278,648
364,171
Total current assets
1,886,958
2,622,157
Equipment and leasehold improvements, net
140,198
220,177
Capitalized contract costs, net
409,426
229,806
Deposits and other assets
7,976
–
Operating lease right-of-use assets
73,372
36,905
Other assets
5,000,000
–
Intangible assets, net
1,097,630
1,407,990
Total non-current assets
6,728,602
1,894,878
TOTAL ASSETS
$
8,615,560
$
4,517,035
LIABILITIES
Accounts payable
$
818,187
$
1,316,014
Accrued liabilities
1,278,732
1,305,848
Note payable
1,525,977
–
Government loan – BBVA Bank, current portion
132,731
138,730
Deferred revenue – current
773,267
414,968
Operating lease liabilities, current portion
24,642
37,829
Total current liabilities
4,553,536
3,213,389
Deferred revenue, net of current portion
196,237
28,296
Deferred tax liability
22,998
22,998
Government loan – BBVA Bank, net of current portion
44,762
188,787
Operating lease liabilities, net of current portion
48,994
–
Total non-current liabilities
312,991
240,081
TOTAL LIABILITIES
4,866,527
3,453,470
Commitments
STOCKHOLDERS’ EQUITY
Common stock — authorized, 170,000,000 shares; issued and outstanding; 3,715,483 and 1,032,777 of $.0001 par value at December 31, 2024 and December 31, 2023, respectively
372
103
Additional paid-in capital
133,030,271
126,047,851
Accumulated other comprehensive loss
49,290
22,821
Accumulated deficit
(129,330,900
)
(125,007,210
)
TOTAL STOCKHOLDERS’ EQUITY
3,749,033
1,063,565
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
$
8,615,560
$
4,517,035
All BIO-key shares issued and outstanding for all periods reflect BIO-key’s 1-for-18 reverse stock split, which was effective December 21, 2023.
Please note that the audit our FY2024 financial statements has not been completed by our independent registered public accounting firm as of the date of this press release and are therefore subject to change.
BIO-key International,Inc. and Subsidiaries
CONSOLIDATED STATEMENTS OF CASH FLOWS
Years ended December 31,
2024
2023
CASH FLOW FROM OPERATING ACTIVITIES:
Net loss
$
(4,323,690
)
$
(8,521,837
)
Adjustments to reconcile net loss to cash used for operating activities:
Depreciation
93,026
75,136
Amortization of intangible assets and write-off
304,983
354,558
Interest payable on Note
164,589
–
Loss on foreign currency
13,004
39,000
Reserve for inventory
(213,005
)
3,586,500
Allowance for doubtful account
(372,532
)
750,000
Amortization of debt discount
124,000
–
Amortization of capitalized contract costs
175,900
171,291
Share based and warrant compensation for employees and consultants
225,245
226,725
Stock based fees to directors
18,006
39,007
Bad debt expense
100,000
100,000
Change in fair value of convertible note
–
(396,203
)
Deferred income tax benefit
–
(134,014
)
Amortization of operating lease right-of-use assets
79,521
–
Change in operating assets and liabilities:
Accounts receivable
855,829
(428,742
)
Due from factor
25,150
(49,820
)
Capitalized contract costs
(355,520
)
(118,028
)
Deposits
(7,976
)
–
Right of use asset
(115,988
)
160,449
Inventory
280,438
402,129
Prepaid expenses and other
85,523
(21,465
)
Accounts payable
(502,987
)
57,725
Income tax payable
–
(121,764
)
Accrued liabilities
(27,116
)
275,561
Deferred revenue
526,240
(71,288
)
Operating lease liabilities
(66,712
)
(168,376
)
Net cash used for operating activities
(2,914,072
)
(3,793,456
)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures
(13,047
)
(1,000
)
Net cash used for investing activities
(13,047
)
(1,000
)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from public offerings
4,296,260
Repayment of convertible notes
(2,200,000
)
Proceeds from the exercise of warrants
1,908,099
320
Costs incurred for issuance of common stock
(172,350
)
(561,367
)
Proceeds from issuance of note payable
2,000,000
–
Repayment of note payable
(762,611
)
–
Repayment of government loan
(150,024
)
(119,251
)
Proceeds from Employee Stock Purchase Plan
3,740
17,478
Net cash (used in) provided by financing activities
2,826,854
1,433,440
Effect of exchange rate changes
26,469
236,894
NET DECREASE IN CASH AND CASH EQUIVALENTS
(73,796
)
(2,124,122
)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR
511,400
2,635,522
CASH AND CASH EQUIVALENTS, END OF YEAR
$
437,604
$
511,400
All BIO-key shares issued and outstanding for all periods reflect BIO-key’s 1-for-18 reverse stock split, which was effective December 21, 2023.
Please note that the audit our FY2024 financial statements has not been completed by our independent registered public accounting firm as of the date of this press release and are therefore subject to change.
Source: Africa Press Organisation – English (2) – Report:
JEDDAH, Saudi Arabia, March 27, 2025/APO Group/ —
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB) Group, is pleased to announce that its Board of Directors has approved the appointment of Dr. Khalid Khalafalla as Acting Chief Executive Officer (CEO), effective 19 March 2025.
Dr. Khalafalla brings extensive experience from his career within the IsDB Group. Since December 2024, he has been serving as CEO of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).
The Chairman of ICD’s Board of Directors, congratulated Dr. Khalafalla on his appointment and expressed the Board’s full confidence and support as he takes on this important responsibility.
The Egyptian authorities must immediately and unconditionally release Oqba Hashad, an Egyptian student who has been held in prolonged pre-trial detention for nearly six years solely as punishment for his brother’s human rights activism, Amnesty International said today. This demand is amplified by a significant surge in global support, evidenced by the nearly 33,000 petition signatures gathered by Amnesty International’s Write for Rights campaign demanding his freedom.
Since his arbitrary arrest on 20 May 2019, the Egyptian authorities have subjected Oqba Hashad to a catalogue of human rights violations, including enforced disappearance, torture and other ill-treatment including beatings, electric shocks, and denial of adequate healthcare. The authorities have failed to provide Oqba Hashad with a functional prosthetic leg – his right leg was amputated above the knee following a childhood accident. While the prison administration began procedures to provide him with a prosthetic leg in February 2025, over a year after his family’s request, he has yet to receive it. They have also refused to grant him specialized medical care, including access to antiseptics and sterilization tools needed for his stump.
“Oqba Hashad has been the victim of a cruel and blatant miscarriage of justice. He should never have been detained in the first place let alone been forced to spend nearly six years unjustly behind bars. It’s high time for the Egyptian authorities to heed the calls from tens of thousands of people worldwide demanding his release, by putting an end to his agonizing ordeal and releasing him immediately and unconditionally,” said Souleimene Benghazi, Amnesty International’s Egypt Campaigner.
Oqba Hashad has been the victim of a cruel and blatant miscarriage of justice.
The Egyptian authorities have continued to indefinitely detain Oqba Hashad without trial, beyond the two-year legal limit for pre-trial detention, through the abusive practice of “rotation”. On 20 February 2024, a judge ordered his release, but instead, security forces subjected him to enforced disappearance from 22 February to 2 March 2024, before he was detained in a new case on similar charges of joining and financing a terrorist group.
“The fact that Oqba Hashad was charged with fresh bogus charges instead of being released after the pre-trial detention limit is outrageous. This blatant manipulation of the legal system highlights the authorities’ contempt for international law. It also underscores the urgent need for the international community to press the Egyptian authorities to end this grave injustice once and for all,” said Souleimene Benghazi.
Oqba Hashad’s prolonged and inhumane detention have taken a significant toll on his physical and mental health. The lack of a prosthetic leg has led to severe back pain and significantly impedes his mobility. Relatives have reported to Amnesty International a dramatic decline in his mental well-being.
Background:
Oqba Hashad’s case featured in Amnesty International’s Write for Rights annual global campaign which aims to raise awareness and demand justice for individuals whose human rights are under threat. A petition calling for Oqba Hashad’s release has garnered nearly 33,000 signatures, demonstrating the widespread concern for his plight.
During his detention Oqba Hashad was interrogated multiple times about activities of his brother, Amr Hashad, a human rights activist who left Egypt in 2019. Security forces had arrested Amr Hashad in 2014 in connection with his activism with the student union at Assiut University. He was sentenced to three years in prison after being convicted of “joining a terrorist organization, attempting to overthrow the government and inciting protests.” Amr Hashad has continued to document human rights violations in Egypt while in exile.
HD Hyundai machinery has been widely used in demolitions of Palestinian-owned structures in the Occupied Palestinian Territory (OPT), according to new visual and testimonial evidence documented by Amnesty International Korea and local human rights groups.
While the company denies their involvement, images and videos verified by the groups identified 59 Palestinian-owned homes, businesses and other structures that were demolished between September 2019 and February 2025 using machinery made by the South Korea conglomerate.
These demolitions resulted in the forced displacement of approximately 250 Palestinians and damaged the livelihoods of hundreds of others.
“It is imperative that HD Hyundai takes decisive action to immediately suspend distribution of its products in Israel and conduct heightened due diligence to ensure its operations, products or services do not perpetuate human rights abuses,” said Montse Ferrer, Amnesty International’s Deputy Regional Director.
For its investigation, Amnesty International Korea in collaboration with the Evidence Lab, Amnesty International’s digital investigations team, verified a total of 347 images and videos of demolitions obtained through partnerships with local organizations.
Amnesty International Korea, in collaboration with the Israeli human rights organization B’Tselem, also gathered testimonies from victims whose homes and businesses were destroyed by HD Hyundai bulldozers in eight instances across the West Bank.
One resident, a plumber named Yaaqoub Barqan, described how the Israeli military turned his home into rubble in July 2024.
“About 30 armed soldiers arrived in military jeeps, along with three pieces of heavy equipment, including a Hyundai excavator. The excavator destroyed the house in less than 20 minutes. My wife fainted watching our home being destroyed and is still receiving psychiatric treatment,” he said.
These findings follow research from March 2023 in which Amnesty International and Democracy for the Arab World Now (DAWN) documented five instances where Israeli forces used excavators manufactured by Hyundai Construction Equipment (Hyundai CE) to raze Palestinian property that displaced at least 15 Palestinians in Masafer Yatta, an area south of the occupied West Bank where Palestinians live under imminent threat of mass expulsion.
In March 2024, in a response to media inquiries, HD Hyundai claimed it had reviewed its dealer’s records and asserted that there were no sales records to government agencies, such as for demolition work in Israel, and that compliance regulations were followed.
However, Amnesty International Korea’s latest research revealed at least 32 shipments of HD Hyundai heavy machinery to Israeli distributor EFCO were made between October 2021 and October 2023 along with 12 shipments of Hyundai Infracore equipment to Emcol Ltd, Hyundai Infracore’s major distributor in Israel.
Amnesty International Korea first contacted HD Hyundai in March 2023, and then again in October 2024 and March 2025, to inform the company about the use of its machinery in unlawful demolitions in the OPT. On 17 March 2025, Hyundai Infracore, Emcol and EFCO were contacted.
HD Hyundai XiteSolution, the parent company of HD Hyundai CE and HD Hyundai Infracore, responded on 25 March 2025 saying that it “has no involvement with activities in said conflict regions”. The company did not respond directly to questions posed by Amnesty International Korea. Emcol and EFCO did not respond.
“HD Hyundai Group, like any corporate actor, must respect human rights throughout its operations. It must do more to guarantee that its machinery is not being used in the destruction of homes and livelihoods in the OPT, especially as demolitions are a key tool in upholding Israel’s system of apartheid,” Montse Ferrer said.
Question for written answer E-001170/2025 to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy Rule 144 Hannah Neumann (Verts/ALE), Lena Schilling (Verts/ALE), Thomas Waitz (Verts/ALE)
Research by Der Standard (13 March 2025) reveals that high-ranking representatives of the Iranian regime obtained Schengen visas through the Austrian consulate in Tehran, brokered by Blue River Holding GmbH in Vienna. The company, formerly a licensee of Spar International, was allegedly involved in sanctions evasion, money transfers and technology transfers to Iran.
New evidence points to a link between Iranian business networks and European actors that influence financial flows and visa issuance. A Viennese lawyer is said to have acted as the trusted representative of a regime-related network. Reports suggest that economic channels in Europe are being used to facilitate sanctions evasion, transnational repression and potentially security-threatening activities.
1.What specific scrutiny mechanisms has the Commission put in place or evaluated at EU level in the last 12 months to ensure Schengen visas are not being used to facilitate the smuggling-in of Iranian regime actors or economic networks that may be supporting transnational repression?
2.Which EU authority or mechanism has specifically examined whether Blue River Holding GmbH and its affiliated actors were involved in violating existing Iran sanctions, and if no such examinations have taken place, why not?
3.What specific findings does the Commission have regarding the use of economic and corporate structures within the EU by Iranian actors to finance, conceal or support transnational repression against Iranians in exile?
South Africa’s first democratic elections on 27 April 1994 signalled not only the end of the brutal system of apartheid, but also a change in the country’s international image.
The country’s struggle for liberation and reconciliation has shaped its identity and global standing. South Africa has positioned itself as a champion of international solidarity.
South Africa’s unique approach to global issues has found expression in the concept of Ubuntu. These concepts inform our approach to diplomacy and shape our vision of a better world for all.
This philosophy translates into an approach to international relations that respects all nations, peoples, and cultures. It recognises that it is in our national interest to promote and support the positive development of others.
As we celebrate our over 30 years of freedom and democracy, South Africa’s global repositioning can be seen with the strong strategic partnership with the European Union that is premised on values such as democracy, human rights and the rule of law.
Immediately after his release from prison thirty-five years ago, President Nelson Mandela, our first democratic President, travelled to the European Parliament to receive the Sakharov Prize for Freedom of Thought. This honorary award is the highest tribute given by the European Union (EU) to individuals who contributed to the fight for human rights.
During this visit, the former president, who is affectionately known as Madiba addressed the European Parliament and thanked the European countries for their contribution towards our fight for freedom. He also called on them to support us as we set about rebuilding the country and reversing the legacy of apartheid, which continues to be felt up to this day.
This visit marked the beginning of official relations between South Africa and the EU in pursuit of our national interests, especially to tackle pressing challenges we inherited under apartheid. In 1999 for instance, we became the first African country to sign a Free Trade Agreement (FTA) with the EU known as the South Africa-European Union (EU) Trade, Development and Cooperation Agreement (TDCA).
In 2007 we further deepened our relations through the adoption of the South Africa – EU Strategic Partnership Joint Action Plan. The plan is essentially a roadmap for cooperation in various key areas such as trade, climate change, science and technology as well as regional and global issues.
The TDCA agreement has helped our country to integrate into the global economy and it established a Political Dialogue between South Africa and the EU at the Ministerial level. This high-level dialogue advances the EU-South Africa strategic partnership across key areas such as trade, energy, peace and security and multilateralism.
We are pleased that as we celebrate 30 years of democracy and thirty-five years since Madiba’s release and visit to the EU Parliament, our relationship with the EU continues to flourish and is mutually beneficial. South Africa remains the EU’s key trade partner on the African Continent, and the EU as a bloc is South Africa’s largest trading partner.
Total trade between South Africa and EU has increased by 44 percent over the past five years; recording an increase from R586 billion in 2019 to R846 billion in 2023. The EU accounts for 41 percent of total Foreign Direct Investment (FDI) in the country and over 2,000 EU companies operate in South Africa, supporting more than 500,000 direct and indirect jobs.
To further discuss shared priorities and foster stronger ties between South Africa and EU, in February this year, we successfully hosted the 16th Ministerial Political Dialogue. The Dialogue was co-chaired by the Minister of International Relations and Cooperation, Ronald Lamola and Kaja Kallas, the EU High Representative for Foreign Affairs and Security Policy and Vice President of the European Commission.
During this dialogue, both parties reiterated their commitment to multilateralism, rules-based international order, and the centrality of the United Nations Charter. They agreed on the need to make the UN Security Council more representative, inclusive, transparent, efficient, democratic and accountable. They further discussed issues of trade and investment, along with greater mutual cooperation and reinforced bilateral relations between South Africa and the EU.
The dialogue also served as preparatory meeting for the EU-South Africa Summit which was held in South Africa on 13 March 2025. Our national priorities of reducing poverty, unemployment and inequality underpin our work at the SA-EU Summit. In line with commitments in the National Development Plan we engage with our EU counterparts to further grow our economy and develop our society.
The summit was also an opportunity to set new priorities for the Strategic Partnership, including in trade and investment, and to reinforce the shared values underpinning the partnership. During the summit, the EU announced a 4.7-billion-euro investment package to support mutually beneficial investment projects. The investment package covers areas such as critical raw mineral processing, green hydrogen, renewable energy, transport and digital infrastructure, local vaccine and pharmaceutical production, and resources for skills development.
The two parties further agreed to launch negotiations towards a Clean Trade and Investment Partnership to support the development of cleaner value chains for raw materials and local beneficiation, renewable and low carbon energy, and clean technology. Both parties committed to work together to address existing challenges in trade in animal and plant products. South Africa committed to find a solution to facilitate the imports of poultry from disease-free areas in the European Union into South Africa.
The Summit was also an opportunity for South Africa to influence international policies that could have an impact on our own economy. Both parties agreed to support a just, comprehensive, and lasting peace on conflicts around the globe including Ukraine, the Democratic Republic of the Congo and Palestine. This includes a need to reform the UN Security Council.
Furthermore, the European Union expressed support for South Africa’s G20 Presidency in 2025, and our hosting of the G20 Summit at the end of the year. The EU also pledged to strengthen the G20 Compact with Africa.
Government welcomes the visit by the EU leaders to the country and we are confident that the agreements signed will not only accelerate economic growth but will help South Africa eradicate the triple challenge of unemployment, poverty and inequality.
*Nomonde Mnukwa is the Acting Director General of the GCIS
Emerging refugee and migrant communities in Australia appear to be suffering greater cost of living stress than the broader community, a survey of community leaders has found.
A focus group of 34 community leaders in 21 key cohort migrant and refugee groups report high levels of cost of living stress in their communities.
In more than half of the communities, 15, the stress members face is higher than in the general community.
The worst hit communities are members of the African, Afghan and Myanmar communities.
Refugee communities generally are being impacted more negatively than migrant communities.
But a counter narrative also emerged from the survey of community members using their resilience and entrepreneurialism to augment their incomes and support their communities.
The survey also suggests cost of living pressure is having a negative impact of family violence.
Migrant and refugee settlement agency AMES Australia has recruited a group of community embedded leaders from key newly arrived migrant and/or refugee communities to provide key insights into how issues and policy developments affect their lives.
Eighteen of twenty-one communities surveyed in the study reported that the impact of cost of living rises was worse in their communities than in the broader community.
Migrant communities were less like to be impacted than refugee communities and the worst affected were African, Afghan and Myanmar communities. Largely skilled migrant communities from China, India, Vietnam, Korea and Malaysia reported the level of stress was no worse than across the broader community.
Rents, mortgages, food and utilities were cited by most communities as the areas that have seen the largest cost rises.
Some of the worst impacted communities reported that the difficulties had brought members closer together in offering support to struggling community members.
Eighteen of the communities reported that despite the cost of living challenges, they were still happy with life in Australia.
Just three communities, those from Congo, Ethiopia and Eritrea, reported that they were only ‘partly’ happy with life in Australia.
Syrian community leader ‘Norma’ said the most recently arrived members of her community were having the most difficulty.
“Newly arrived people are having the worst time. They struggle to find a house because of the housing shortage and the fact they have no local references or rental history,” she said.
“And even when they find a house, the rent has usually been increased significantly since the last tenant moved out,” Norma said.
But she said that the crisis had seen community members come together to support each other, sharing food and resources and providing emotional support.
“Everyone is aware that some people are having hard time and so we are trying to help those in need,” she said.
South Sudanese community leader ‘Elizabeth’ extended families and groups of friends were coming together to help each other.
“People are reaching out and helping each through things like bulk buying food, sharing vehicles and looking after families that are particularly vulnerable.”
“Across the community there is a lot of support for people who need it and everyone who is able to, is pitching in to help others.”
But she said one negative effect was a rise in family violence.
“This stress on families is sometimes ending badly with more domestic violence.”
AMES Australia CEO Cath Scarth said the survey strongly suggested newly arrived refugee and migrant communities are more vulnerable to cost of living rises than the general community.
“The survey also identifies areas where support for people struggling with the cost of living could make a difference,” Ms Scarth said.
“Firstly, there is a need for more in-language information for communities about how to access the support that is available in the community and also emergency support.
“And maybe we need to ramp up community capacity building so that these communities are better placed to help their own members,” she said.
Source: United Kingdom – Prime Minister’s Office 10 Downing Street
Press release
Prime Minister meets Coalition of the Willing in Paris following UK military planning meetings
The Prime Minister will co-host the next meeting of the Coalition of the Willing alongside President Macron in Paris today (Thursday 27 March).
Prime Minister will underscore that all must back Ukraine to remain in the fight against Russia
Military planning to cover air, sea and land forces to support a lasting and durable peace and deter future Russian aggression
Prime Minister expected to say “Europe is stepping up to play its part to defend Ukraine’s future. Now Putin needs to show he’s willing to play ball”
The Prime Minister will co-host the next meeting of the Coalition of the Willing alongside President Macron in Paris today (Thursday 27 March).
At the meeting, he will present the outcomes of this week’s planning meetings in support of Ukraine, which took place at the UK military operational headquarters in Northwood over the last three days.
The intensive sessions, which convened over 200 military planners from countries across the globe, considered in detail the structure of any future force to ensure Ukraine can defend itself from future Russian aggression.
The Prime Minister will underline that all must come together to support Ukraine to remain in the fight and back US efforts to make real progress despite continued Russian obfuscation.
Planning so far has looked across the full range of European military capabilities including aircraft, tanks, troops, intelligence and logistics capabilities – and discussions have centred on how European nations can contribute their own capabilities to support any future force.
Discussions will continue around military planning of air, sea and land forces that would be required to support a just and lasting peace in Ukraine.
As the Prime Minister has repeatedly stated, a lasting peace in Ukraine can only be provided if we step up and give real and credible security assurances to deter Putin from coming back in future.
The Prime Minister will say that excellent progress has been made, and Europe is mobilising together in pursuit of peace, but now we must continue to keep up the momentum.
The Prime Minister will add that Putin has clearly shown his lack of commitment to the peace process, following ceasefire talks convened by the United States in Saudi Arabia this week.
Published readouts from both sides confirmed a naval ceasefire and prevention of use of commercial vessels for military purposes in the Black Sea but Russia immediately backtracked and placed conditions on the agreements – despite good faith participation from Ukraine.
Prime Minister Keir Starmer will say:
Unlike President Zelenskyy, Putin has shown he’s not a serious player in these peace talks. Playing games with the agreed naval ceasefire in the Black Sea despite good faith participation from all sides – all while continuing to inflict devastating attacks on the Ukrainian people. His promises are hollow.
The US is playing a leading role by convening the ceasefire talks, President Zelenskyy has demonstrated his commitment repeatedly, and Europe is stepping up to play its part to defend Ukraine’s future. Now Putin needs to show he’s willing to play ball.
Source: United Nations Economic Commission for Europe
With its 78 Contracting Parties and electronic procedure (eTIR), the UNECE-serviced TIR Convention is a flagship international agreement that establishes an international customs transit system that facilitates speedy and secure border crossing of goods.
Iraq will become the 66th country to operationalize the TIR system as of 1 April 2025, making the transport of goods more efficient, streamlined and reliable, and opening up prospects for efficient transit routes to, from and through the Islamic Republic of Iran, Türkiye, Jordan, Kuwait, Saudi Arabia and Syria, and further to the United Arab Emirates, Oman and Qatar, all of which are also TIR operational.
“The activation of the TIR system in Iraq will open up routes across the Middle East and make almost the entire Eurasian landmass – from China through Central Asia to Europe – TIR operational,” noted UNECE Executive Secretary Tatiana Molcean. “Most importantly, by ensuring greater connectivity between regional and international markets, it will help to boost trade and development.”
Throughout the years, the application of the TIR Convention has enabled more than 34,000 transport and logistics companies in its 78 Contracting Parties to reduce cross-border transport time by up to 80% and costs by up to 38%.
Launched in 2021, eTIR can reduce carbon emissions from the transport sector by eliminating the need for physical TIR carnets and the associated logistics and paper production, including the queueing and waiting times at borders.
Source: International Organization for Migration (IOM)
Port Sudan/ Geneva, 27 March 2025 – The number of internally displaced persons (IDPs) in Sudan has declined by 2.4 per cent in the last three months, marking the first decline since the crisis erupted nearly two years ago, according to the International Organization for Migration (IOM). This decrease is primarily due to people returning to their place of origin. However, those who are going back are returning to areas with very little in the way of adequate shelter, food, infrastructure, education and other basic services.
Since December 2024, 396,738 people have returned to their places of origin across Aj Jazirah, Sennar, and Khartoum states. This movement reflects a cautious but hopeful shift as communities seek to reclaim their homes and resume their lives after months of intense conflict. However, displacement from North Darfur and White Nile states has increased due to heightened insecurity, and across Sudan, the need for increased humanitarian assistance remains extremely high.
“While many people are eager to return home, the conditions for safe and sustainable return and integration are not yet in place”, noted Mohamed Refaat, Chief of Mission of IOM Sudan. “Basic services including healthcare, protection, education, and food are scarce, and the lack of functional infrastructure and financial capacity will make it difficult for families to rebuild their lives.”
According to the latest IOM Displacement Tracking Matrix (DTM) update, Sudan currently hosts an estimated 11,301,340 internally displaced persons (IDPs), including those displaced both before and after the start of the conflict. The majority of IDPs were displaced from Khartoum, South and North Darfur. Almost four million people crossed into neighbouring countries, with the majority crossing into Egypt, South Sudan, and Chad.
Most IDPs are living in dire humanitarian conditions, with limited access to basic services. More than half of those displaced are children, with 27 per cent under the age of five. Girls under 18 years old constitute approximately 28 per cent of the IDP population, the report reveals.
“Nearly two years of relentless conflict in Sudan have inflicted immense suffering, triggering the world’s largest and most devastating humanitarian crisis, with over 30.4 million people – more than half of the population – in need of humanitarian assistance, including 16 million children. Recent cuts in international humanitarian aid budgets are compounding the crisis and deepening the suffering”, said IOM’s Refaat.
The IOM Sudan Response Plan seeks USD 250 million to assist 1.7 million people in need. However, the response plan remains drastically underfunded, with only six per cent of the required funds covered as of February 2025.
IOM has been implementing emergency response activities since the crisis began, providing immediate life-saving aid to an estimated 3.8 million people in Sudan and neighbouring countries to date.
Humanitarian support is critical to ensure safe returns and provide immediate relief, such as food, shelter, healthcare, and protection, and access to basic services to help these populations recover and rebuild their lives.
HOUSTON, March 27, 2025 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) announced that it will host a Capital Markets Day presentation on Wednesday, May 14, 2025. The presentation will begin at 8 a.m. Central Time (2 p.m. London Time) and is expected to conclude by around 12:00 p.m. Central Time. The agenda will include presentations by key members of management on Vaalco’s longer-term vision including growth across its diversified, multi-country asset base.
Participation in the Capital Markets Day is directed to Vaalco’s shareholders, buy side and sell side analysts, as well as large institutional investors and portfolio managers. The session will be web cast live along with related presentation materials through Vaalco’s web site at www.vaalco.com in the “Investors” section of the web site. A replay will be archived on the site shortly after the presentation concludes.
Event details including key themes and speakers will be announced closer to the event.
“Following the last four years of successful stewardship and significant inorganic growth, Vaalco has multiple exciting development projects across our expanded portfolio of assets. These projects are expected to bring a further step change in production, reserves and cash flow generation. We are looking forward to offering the investor community a deep dive into these projects and our Africa-focused growth strategy as a whole.” said George Maxwell, Vaalco’s Chief Executive Officer.
About Vaalco Vaalco, founded in 1985 and incorporated under the laws of Delaware, is a Houston, Texas, USA based, independent energy company with a diverse portfolio of production, development and exploration assets across Gabon, Egypt, Côte d’Ivoire, Equatorial Guinea, Nigeria and Canada.
For Further Information
Vaalco Energy, Inc. (General and Investor Enquiries)
+00 1 713 543 3422
Website:
www.vaalco.com
Al Petrie Advisors (US Investor Relations)
+00 1 713 543 3422
Al Petrie / Chris Delange
Buchanan (UK Financial PR)
+44 (0) 207 466 5000
Ben Romney / Barry Archer
Vaalco@buchanan.uk.com
Forward Looking Statements This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created by those laws and other applicable laws and may also include “forward-looking information” within the meaning of applicable Canadian securities law (collectively “forward-looking statements”). Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. All statements other than statements of historical fact may be forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “forecast,” “outlook,” “aim,” “target,” “will,” “could,” “should,” “may,” “likely,” “plan” and “probably” or similar words may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, but are not limited to, statements relating to (i) estimates of future drilling, production, sales and costs of acquiring crude oil, natural gas and natural gas liquids; (ii) expectations regarding Vaalco’s ability to effectively integrate assets and properties it has acquired as a result of the Svenska acquisition into its operations; (iii) expectations regarding future exploration and the development, growth and potential of Vaalco’s operations, project pipeline and investments, and schedule and anticipated benefits to be derived therefrom; (iv) expectations regarding future acquisitions, investments or divestitures; (v) expectations of future dividends; (vi) expectations of future balance sheet strength; and (vii) expectations of future equity and enterprise value.
Such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to: risks relating to any unforeseen liabilities of Vaalco; the ability to generate cash flows that, along with cash on hand, will be sufficient to support operations and cash requirements; risks relating to the timing and costs of completion for scheduled maintenance of the FPSO servicing the Baobab field; and the risks described under the caption “Risk Factors” in Vaalco’s 2024 Annual Report on Form 10-K filed with the SEC on March 17, 2025 and subsequent Quarterly Reports on Form 10-Q filed with the SEC.
BEIJING, March 27, 2025 (GLOBE NEWSWIRE) — Experts and industry insiders attended a panel discussion on energy transition at the Boao Forum for Asia Annual Conference in Hainan province on Wednesday.
China Energy Engineering Corp Ltd is planning for a bigger role in global energy transition and infrastructure development through its latest efforts to expand green hydrogen and artificial intelligence, its chairman said.
CEEC is advancing integrated renewable energy, hydrogen, and storage solutions, and its latest green hydrogen projects are expected to play a key role in decarbonizing industrial sectors, Song Hailiang, Party secretary and chairman of CEEC, said at the ongoing Boao Forum for Asia Annual Conference on Tuesday.
“A major milestone will be reached in September, when the world’s largest integrated green hydrogen-ammonia-methanol project in Songyuan, Jilin province, is set to begin operations,” Song said.
Green hydrogen-ammonia-methanol is a sustainable energy solution that combines the generation of green hydrogen with the synthesis of green ammonia and green methanol, and aims to create a cohesive system for producing essential chemicals and fuels with minimal environmental impact.
Song said: “As the scale of renewable energy continues to grow, building a secure, systematic, efficient and intelligent new energy system has become a global challenge.
“The company will bet big on renewable energy supply, consumption, infrastructure planning, technology, and policy mechanisms to address these issues.”
According to Song, CEEC has signed major investment agreements exceeding 110 billion yuan ($15.3 billion) domestically and $11.8 billion abroad, with major energy projects spanning China, Egypt, Morocco, and Central Asia.
The company’s domestic green hydrogen and ammonia aviation oil capacity has surpassed 1.35 million metric tons, while its green hydrogen and ammonia production capacity has reached 2.6 million tons overseas.
In addition, Song said that CEEC is also pushing for a deep integration of AI and energy systems. “To develop AI, the ultimate bottleneck is electricity,” he said.
In 2024, China’s data centers and 5G base stations are expected to consume 250 billion kilowatt-hours of electricity, close to triple the annual output of the Three Gorges Dam.
“With data processing and computing power needs surging, the company sees renewable energy and storage solutions as critical for sustaining AI-driven industries,” he emphasized.
As part of its strategy, CEEC is developing digital-energy integrated infrastructure. Its east-data-west-computing project combines computing power, enabling better coordination between data centers and power grids.
Further, Song said that the company will accelerate its international operations, expanding renewable energy projects and infrastructure investments across markets involved in the Belt and Road Initiative.
The company, which operates in over 140 countries and regions, said that its overseas renewable energy contracts now account for nearly half of its total signed agreements.
Song said the company remains committed to high-quality energy cooperation under the BRI, bringing Chinese technology, equipment and expertise to global markets.
“Our goal is to move from simply ‘going global’ to deeply integrating into local markets,” he said, adding that CEEC will focus on long-term partnerships and sustainable infrastructure projects.
China Energy Engineering Group Co., Ltd.(ENERGY CHINA) Chu Xinyan xychu2489@ceec.net.cn http://en.ceec.net.cn/ 186 1109 6653 Beijing
Source: Moscow Government – Government of Moscow –
The capital’s tourist information centres were visited by about 178 thousand people over the winter. Among them were guests from different regions of Russia and other countries, including China, Morocco, the United Arab Emirates and Vietnam. This was reported by Natalia Sergunina, Deputy Mayor of Moscow.
“The list of the most popular queries included Red Square, VDNKh, Moskino Cinema Park and Gorky Park. Travelers were also attracted by festivals and fairs, bus and river excursions, unusual master classes and skating rinks,” noted Natalia Sergunina.
Visitors were often interested in events dedicated to Maslenitsa and Chinese New Year. They were told where they could buy handmade souvenirs, try delicious tea and pancakes with meat, fish and sweet fillings, watch a drum show and other street performances.
Adults and children were invited to take part in creative activities and old games, attend film screenings and costumed performances.
Information centre staff share useful tips, introduce Moscow’s sights and help plan your own walking route. Travellers are also offered the opportunity to use convenient digital services such as Rosspas, where there is useful information about all the events in the city.
There are several tourist information centres in the capital, including on Tverskaya Square and on the territory of the Dream Island amusement park, in the buildings of the Northern and Southern river terminals.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect
Source: United Kingdom – Executive Government & Departments
Press release
Prime Minster meets Coalition of the Willing in Paris following UK military planning meetings
The Prime Minister will co-host the next meeting of the Coalition of the Willing alongside President Macron in Paris today (Thursday 27 March).
Prime Minister will underscore that all must back Ukraine to remain in the fight against Russia
Military planning to cover air, sea and land forces to support a lasting and durable peace and deter future Russian aggression
Prime Minister expected to say “Europe is stepping up to play its part to defend Ukraine’s future. Now Putin needs to show he’s willing to play ball”
The Prime Minister will co-host the next meeting of the Coalition of the Willing alongside President Macron in Paris today (Thursday 27 March).
At the meeting, he will present the outcomes of this week’s planning meetings in support of Ukraine, which took place at the UK military operational headquarters in Northwood over the last three days.
The intensive sessions, which convened over 200 military planners from countries across the globe, considered in detail the structure of any future force to ensure Ukraine can defend itself from future Russian aggression.
The Prime Minister will underline that all must come together to support Ukraine to remain in the fight and back US efforts to make real progress despite continued Russian obfuscation.
Planning so far has looked across the full range of European military capabilities including aircraft, tanks, troops, intelligence and logistics capabilities – and discussions have centred on how European nations can contribute their own capabilities to support any future force.
Discussions will continue around military planning of air, sea and land forces that would be required to support a just and lasting peace in Ukraine.
As the Prime Minister has repeatedly stated, a lasting peace in Ukraine can only be provided if we step up and give real and credible security assurances to deter Putin from coming back in future.
The Prime Minister will say that excellent progress has been made, and Europe is mobilising together in pursuit of peace, but now we must continue to keep up the momentum.
The Prime Minister will add that Putin has clearly shown his lack of commitment to the peace process, following ceasefire talks convened by the United States in Saudi Arabia this week.
Published readouts from both sides confirmed a naval ceasefire and prevention of use of commercial vessels for military purposes in the Black Sea but Russia immediately backtracked and placed conditions on the agreements – despite good faith participation from Ukraine.
Prime Minister Keir Starmer will say:
Unlike President Zelenskyy, Putin has shown he’s not a serious player in these peace talks. Playing games with the agreed naval ceasefire in the Black Sea despite good faith participation from all sides – all while continuing to inflict devastating attacks on the Ukrainian people. His promises are hollow.
The US is playing a leading role by convening the ceasefire talks, President Zelenskyy has demonstrated his commitment repeatedly, and Europe is stepping up to play its part to defend Ukraine’s future. Now Putin needs to show he’s willing to play ball.
Since taking office in January, the Trump administration has adopted a heavy-handed approach to cutting any perceived wasteful spending in the US government.
One of the more recent institutions targeted by Trump’s team, Voice of America, holds a potentially staggering implication: the end of American soft power.
Soft power earned the US government a significant amount of goodwill over the course of the 20th century, with Voice of America one of the most effective conduits. Taking VOA off the airwaves could signify a new era in geopolitics.
A short history of Voice of America
The Voice of America (VOA) has been in operation for over 80 years and was one of the first major campaigns conducted by the American government to promote positive sentiments towards the US as a leader of the free world.
The government-funded radio station began as a method of keeping US troops informed during the Second World War and was administered by the Office of War Information.
After WWII, Congress passed the Smith-Mundt Act of 1948, which aimed to promote a “better understanding” of the US around the world and to “strengthen cooperative international relations”.
This act put the VOA under the domain of the United States Information Agency (USIA). It became one of the US government’s many assets in combating Soviet propaganda during the Cold War.
The VOA was essentially a method of generating soft power, an invaluable tool in international diplomacy made famous by the American political scientist, Joesph Nye.
As Nye believed, a nation can use military intervention (“hard power”) to achieve its foreign policy aims, or it can create familiarity with other nations by promoting its culture, educational institutions and ideology (“soft power”).
During the Cold War, VOA broadcasts were an invaluable method of cultivating soft power. People all over the world relied on them as a source of news and commentary, especially in countries where the media was state-controlled.
Additionally, Voice of America effectively became an advertisement for the American way of life. The Music USA program, for instance, took Western popular culture to a global audience. This was especially effective in the Eastern Bloc, where jazz, in particular, became incredibly popular.
Voice of America and the other US-funded radio stations operating during the Cold War, such as Radio Free Europe/Radio Liberty, had their share of critics. The majority came from the Eastern Bloc. Some, however, were American.
In the 1970s, Senator William J. Fulbright, for instance, maintained that radio broadcasts such as VOA hindered diplomacy with the Soviet Union by disseminating American propaganda. He called them “Cold War relics”.
They were not mere propaganda mouthpieces, though. Although these stations and many of the other radio outlets under the control of the United States Agency for Global Media (USAGM) were funded by the American government, they demonstrated a reliance on journalistic integrity.
The VOA has also not shied away from reporting on negative aspects of American society. This is likely one reason why Trump has been so critical of its mandate.
The end of US soft power?
The short-term implications of Voice of America’s potential demise are worrying. Many journalists are out of work and a respected institution promoting international diplomacy hangs in the balance.
The long-term geopolitical implications, however, could be far greater. First, Voice of America and other stations managed by USAGM have long provided an alternative to state-run media in countries such as Russia and China.
Outlets like Russia’s Sputnik news organisation, which was recently removed from the airwaves in Washington for promoting antisemitic content and misinformation about the war in Ukraine, will now face fewer challenges reaching a global audience.
Taking VOA off the air also signals the Trump administration is done with soft power as a diplomatic tool and has little regard for the harm this will cause America’s reputation on the global stage.
If the US abandons the principles of appealing to other governments through soft power, it could resort to other means to achieve its geopolitical aims. This includes hard power.
One soft power advocate, General James Mattis, told Congress in 2013 when he was overseeing US military operations in Iraq and Afghanistan, “If you don’t fund the State Department fully, then I need to buy more ammunition ultimately.”
The Trump administration’s rejection of soft power as a diplomatic tool could also allow China, in particular, to take its place.
As Nye himself pointed out in a recent Washington Post essay, polling in 24 countries in 2023 found the US was viewed much more positively than China. Another survey showed the US had the advantage over China in 81 of 133 countries surveyed.
Nye concluded: “If Trump thinks he will easily beat China by completely forgoing soft power, he is likely to be disappointed. And so will we.”
Ben Hammond has received funding from the Harry S. Truman Foundation and the Dwight D. Eisenhower foundation.
Keith Rankin, trained as an economic historian, is a retired lecturer in Economics and Statistics. He lives in Auckland, New Zealand.
While World War Two (WW2) always was a set of intersecting conflicts – with Japan fighting a war of imperialism in East Asia and the Western Pacific – the war in Europe has been cast as the ultimate battle of ‘Good’ versus ‘Evil’. Hence the narrative of the Good War. Further, it has been personalised, with Adolf Hitler becoming the personalisation of Evil and Winston Churchill the personalisation of Good.
It always was nonsense. Wars are fought over territories and hegemony, between various peoples (nationalities), empires, religions, ideologies etc.; in the vast majority of cases between Bad and Bad, albeit various shades of bad (although the Hitler’s Nazis and Joseph Stalin’s Communists were close to having been equally Bad). The Bad versus Good narrative remains compelling to the human mind, however. Once you can find a compelling Evil – without or within, over there or over here – then our brains want to tell us that whoever opposes that ‘bad’ must be ‘good’. (In the old days, the ‘good’ said: ‘God was on our side’. Typically, their opponents thought something similar.)
Winston Churchill was neither a Good leader nor a competent leader. He didn’t start WW2, though there is an argument that the United Kingdom did. Nevertheless, Churchill, as a charismatic rhetorician and narcissist, had some sway over political discourse in Britain for half a century. (His important career began in 1904, when he became a party-hopping backbencher. He resigned from his second stint as Prime Minister in 1955; he was an MP for 61 years, and PM for 9 years.) That’s why there are so many more cited quotations from him than from any other British back-bench MP in the late 1930s.
Churchill, as a war-leader, was an ultra-imperialist who fought imperialist wars under the cover of World Wars One and Two. He was responsible for numerous atrocities, including appeasements of Stalin that were more problematic than Neville Chamberlain’s appeasement of Hitler in 1938. In his speeches in 1938 and 1939, Churchill may have been alluding to Eastern Europe, but he was thinking about Italy and its threat to British ‘assets’ in and around the Mediterranean Sea.
WW2: Germany versus Soviet Russia, with the United Kingdom as stoker and as kingmaker
World War Two was round two of the Germany versus Russia conflict; this time as ‘Nazi’ Germany against ‘Communist’ Russia, the Third Reich versus the Soviet Union. The centrality of the Germany versus Russia conflict – indeed a conflict between them for the territories of Ukraine and the oilfields to the southeast of Ukraine – becomes more apparent when WW1 and WW2 are seen as one. World War One clearly started as a conflict between Germany and Russia; albeit triggered as a conflict between proxies, Austria and Serbia. And World War Two ended with the defeat of Germany by Soviet Russia; and after the entry of Russia into the Pacific War (which henceforth became the Cold War between Soviet Russia and the United States of America).
Technically, WW2 became a world war (rather than a regional war) when the United Kingdom and France (and their empires) ‘declared war’ on Germany on 1 Sep 1939. The trigger issue was the possibility of Germany invading Poland. But what mischief was the United Kingdom upto with distant Poland? Why did a British ghost-war go horribly wrong? And why did open warfare between the two principal belligerents in Europe – Berlin and Moscow – not commence until June 1941?
My reading of British and French ‘diplomacy’ between March and August 1939 is that these notional allies, United Kingdom in particular, wanted there to be a major regional showdown between Berlin and Moscow; both powers would be substantially weakened as a result, thereby enhancing British and French control of the Mediterranean and the ‘Middle East’.
The British and the French ‘tried’ to do a deal with Stalin, in March 1939, with respect to protecting Poland from German aggression. (On 15 March 1939, Germany annexed the Czech part of Czechoslovakia.) They revealed their military weakness (especially Britain’s), or at least the paucity of the military contribution they were willing to make towards the security of Poland.
Britain and France subsequently went on to sign a treaty guarantee with Poland; a guarantee that both would declare war against Germany if Poland was attacked by Germany. Stalin already knew that the United Kingdom would not back-up such a declaration with any action to defend Poland.
The reason for the guarantee appears to have been to deter Poland from negotiating a peace deal with Germany. Further, Britain was maintaining diplomatic communication with Germany until August 1939. The inference would appear to be that Britain was trying to start a ‘nothing-war’ between itself and Germany, while stoking a ‘something war’ between Germany and Soviet Russia. Britain had no intention of doing anything in Poland, and was expecting that France would provide a substantial defensive barrier between Germany and Great Britain; this was all in the context that Britain and France would be helping their own security by nudging Germany into ‘pushing’ East (as was always Germany’s apparent plan) rather than ‘West’.
However, Britain and France were nonplussed by the non-aggression pact – the Molotov-Ribbentrop Pact – signed between Moscow and Berlin in the last week of August 1939. Further, there was a secret sub-pact. Moscow and Berlin would carve up Poland, and which effectively – and subsequently – meant the Soviet annexation of Lithuania, Latvia and Estonia. Germany invaded Poland on 1 September 1939, activating that secret deal. Despite having nineteenth-century precedents for a pragmatic backing out from a signed-up deal, the United Kingdom and France – at least notionally – honoured their guarantee and declared war on Germany.
For France, this meant further shoring-up of its border with Germany, and – virtue signalling –making a small and brief incursion into Germany (the Saar Offensive). For Britain it meant further rearmament, but really to build up its navy to shore up its imperial interests, and building up its Air Force to defend itself from possible German attack. And it sent an army into France, as a show of support for France, more to be seen to be doing something than to actually be doing anything.
But the clear sense is that Britain still expected Germany to negotiate peace with Britain while consolidating its annexations of the Czech lands and Poland. The ‘phoney war’ proceeded, though it was far from phoney to the people of Poland and other Eastern European countries. The United Kingdom was launched into war proper in May 1940, with the lightning conquest of France by Germany, a conquest made possible by Germany’s temporary truce with the Soviet Union. (Though that was preceded, by a month, by Germany’s invasion of Norway; a matter for Britain’s navy rather than army.)
Adolf Hitler abandoned the Molotov-Ribbentrop Pact in June 1941, embarking Nazi Germany on a full-scale invasion of the Soviet Union, his main plan all along. He had secured his western border in 1940; though his plans were somewhat scuppered by a need to attend to the military failings of Mussolini’s Italian forces in the Eastern Mediterranean, hence the war in Greece which involved New Zealand.
The Bloodlands and their toll of political murder: 1932-1945
The atrocities of the Nazis took place during a world war; those of Stalin were mostly during peace-time. Timothy Snyder, in his 2010 book Bloodlands, “conservatively” estimates that fourteen million civilians and prisoners-of-war were politically murdered in a set of contiguous territories – between Germany and Russia-proper – by either the Moscow-based Soviet Communist regime or the Berlin-based National Socialist regime. This includes ‘The Holocaust’, or at least most of it.
As real estate, Snyder defines the Bloodlands as the pre-WW2 territories of Ukraine and Belarus (within the Soviet Union), Poland, the Baltic States (Lithuania, Latvia, and Estonia), and the part of Russia close to Leningrad (now St Petersburg). The murders included in his tally were inflicted by deliberate starvation, guns, and gas. The cases of starvation were not due to famine in the conventional sense of that term. In the Ukrainian ‘famine’ of 1932/33, the food grown on Ukrainian farms – among the most productive lands in Europe – was confiscated and exported to Russian cities and to other countries in return for foreign currency. In the Siege of Leningrad – 1941 to 1944 – the German military prevented food from entering the city.
The worst-affected areas of the Bloodlands are today in western Ukraine and western Belarus. This land was in Eastern Poland before World War Two, and therefore in the Soviet-annexed territories of pre-war Poland. These lands were annexed or occupied by the Soviet Union in 1939, Germany in 1941, and the Soviet Union again in 1944. Each annexation saw its own round of political mass murder.
The murders of citizens of Poland and the Soviet Union took place on a vastly larger scale than any comparable atrocities committed on West Europeans; including the Holocaust, for which the vast majority of victims were Jews resident in Eastern Europe (not Germany; not the West). Snyder summarises the Bloodlands murder toll as:
3.3 million deliberately starved mostly in Ukraine in the 1932/33 Holodomor
0.7 million murdered in the Great Terror of 1937/38
0.2 million murdered in occupied Poland in 1939-1941 (disproportionately highly educated people; many killed by the notorious Einsatzgruppen, Nazi loyalists with PhD degrees)
4.2 million Soviet citizens starved by German occupiers in 1941-1944
5.4 million Jews (mostly Polish or Soviet citizens) shot or gassed by Germans in 1941-1944
0.7 million citizens (mostly Belarussians or Poles) shot by Germans in reprisals in 1941-1944
To what extent would have these (or equivalent numbers of) deaths have happened anyway, regardless of how the war actually started in Poland? Stalin’s victims, mostly already dead, represented about 40 percent of these fourteen million. The majority of Stalin’s victims were killed in the Ukrainian Holodomor which peaked in 1932 and 1933; or in the Great Terror of 1937 and 1938, which targeted the ‘kulak’ class of peasants and former peasants, ethnic Poles, and Russia’s political class (including many Bolshevik allies of the paranoid Stalin; communists who had come to be seen as potential threats to him).
Before September 1939, Hitler’s attempts at political murder were puny at best, when compared to Stalin’s ‘peace-time’ terror campaigns. Stalin murdered Soviet citizens. So, to a large extent did Hitler; Hitler killed comparatively few Germans, before or during the war.
Those who died in the Bloodlands after August 1939 might have experienced different fates had the war not been started then and there. Certainly, in 1940, a group of Hitler’s scientists – led by a leading agronomist – devised the ‘Hunger Plan’, which, if implemented in full, would have led to the murder of thirty of forty million Soviet citizens, to be replaced by German Aryan settlers. (While Hitler used ‘capitalist’ and ‘communist’ Jews as convenient scapegoats, Nazi racism should be understood as pro-Aryan rather than specifically anti-Jewish.) This was probably a racist and supremacist Nazi fantasy, unlikely to be able to be realised in full, and which was not prevented by the declaration of war by the United Kingdom against Germany in 1939.
It’s hard to see that the eventual victory of the Soviet Union over Germany in 1945 made the world a better, freer or more democratic place than it otherwise would have been; with fewer deaths and sufferings after 1939 than there actually were. Would a German victory over the Soviet Union have led to a less inhumane outcome for many millions of people, in the Bloodlands and elsewhere? We’ll never know, but it’s possible. It seems unlikely that the extremes of German National Socialism could have lasted for as long as the extremes of Soviet and Maoist Communism. And we know that most oppressive regimes do come to an end eventually; just as Hitler thought the Third Reich was forever (or for 1,000 years), so did Stalin and his successors believe of the Soviet Union.
World War Two morphed into the Cold War
Mostly, the Cold War – between the United States and the Soviet Union, and their proxies and alleged proxies – was ‘fought’ between the First World and the Second World; but its many victims were mostly in the ‘Third World’, now called the ‘Global South’. The way the Pacific War morphed into the Cold War is glaringly obvious, with the nuclear attack on Japan by the United States representing the end of the one war and the beginning of the next. (And note The bombing of Hamburg foreshadowed the horrors of Hiroshima.)
The Cold War began in Europe too, when the ‘victorious’ western ‘powers’, most particularly the United States, ‘suggested’ that the Russian ‘liberators’ of Eastern Europe were planning to overrun Western Europe as well (and turn the conquered into ‘communists’). The result was a tensely divided Europe until 1990, unnecessarily so; many European lives were blighted by politico-military suppression for 45 years. Further, that east-west divide has reappeared; just look at the results of the recent general election in Germany.
Finally, the costs ain’t over yet
Just as the World War came in two episodes, so too is the Cold War now in its second episode. (In the case of the World War, the second episode was explicitly ideological; communism versus fascism. In the Cold War, it was the first episode that was explicitly ideological; communism versus liberal capitalism.) Further, with signs that the United States might be withdrawing early, the second Cold War (CW2?) is looking like becoming, at its core, the Fourth Reich (aka the European Union) versus Russia (the new Russian Empire?), and with the territories of contention once again being Ukraine and the Black Sea.
The World War could have ended in 1918 or 1919 after the Great War (later known as World War One) – understood then to be the ‘War to End All Wars’ – if the ‘great powers’ had learned the appropriate lessons. Sadly, the ‘powers-that-were’ and the ‘powers-that-would-be’ learned, if anything, the wrong lessons. World War Two was not a Good War; it was grubbier and crueller than probably all its predecessors, and all sides – including the Anglo-side – contributed to that grubbiness and cruelty.
Imperialism was very much the problem, not the solution. The ‘rules-based-world-order’, devised in 1919 by the then-victorious powers – shonky new-nation national-borders and all – proved to be just another variation of great-power imperialism. We live in a world today of powers (some more ‘super’ than others), their proxies, and nations in the Global South saddled with borders which ensure forever conflicts.
We live in a world in which the Global West sees itself as morally and culturally superior, even though manifestly it isn’t. And we live in a world in which the Global East – in its various ethnic and cultural shades – rejects the supremacist assumptions and liberal presumptions of the West. And we live in a world in which those powers gamble with global war, just as the British gambled in 1939. And we live in a world in which the militaries contribute vastly to very real climate change, partly from military emissions of greenhouse gasses, partly because the immediate (eg 2020s) security concerns of the world outweigh concerns about the climate future (eg 2040s) concerns, and partly because we behave as if the goals to prevent or adapt to global warming are unwinnable.
There is a lot happening in the world at the moment, including tensions within Europe that would lead few people to be confident that – in 2050 – the present political architecture of Europe would still exist. Germany coveted Ukraine in the first half of the twentieth century. Indeed, Germany occupied Ukraine in 1918 and in the middle years of World War Two. Will the second quarter of the twenty-first century once again see German control of Ukraine? I wouldn’t bet against it. I see a stronger belligerence today in Germany towards having influence in Ukraine than I see in any other western country.
The biggest threat to peace is war; not Russia, not China, not Germany, not the United States of America, not Iran, not the hapless United Kingdom. Wars are a problem, not a solution.
The worst things happen during wars, or as a result of wars. There is one important exception. As we have seen, the Soviet Union – a Marxian ‘scientific utopia’ – destroyed many of its own people in the 1930s, in ‘peacetime’, and while the liberal world was looking the other way. Something similar, maybe worse, happened in China in the 1960s.
The lessons to learn are: avoid war, and the drum-beating that precedes it. And avoid technocratic utopian groupthink; avoid ideologies masquerading as science. The Nazi Hunger Plan was devised by an agronomist, Herbert Backe. War leads to such ideologies; and such ideologies lead to war.
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Keith Rankin (keith at rankin dot nz), trained as an economic historian, is a retired lecturer in Economics and Statistics. He lives in Auckland, New Zealand.
Restoring ceasefire deal vital as death toll hits 50,000 and continues to rise amid Israeli airstrikes, aid and power blockades, and renewed mass forced displacements.
Oxfam and partners’ operations have been severely hampered as Israel’s renewed military assault and ground offensive on Gaza continues into its 7th day.
Oxfam is calling for a renewed ceasefire and for Israel to lift its 23-day siege which is again blocking aid supplies and increasing famine risks for desperate civilians. Israel imposed a complete blockade 23 days ago and cut off electricity to Gaza a few days later.
Israeli authorities are denying entry to trucks loaded with 63,000 metric tons of food for 1.1 million people. Operations have been forced to stop in vital areas such as food security and livelihood, as well as hygiene promotion, and essential repair work to damaged water infrastructure.
Bushra Khalidi, Oxfam’s OPT Policy Lead, said: “During the 42-day ceasefire families in Gaza could finally fall asleep knowing their loved ones would still be beside them when they woke up. Even though aid that entered was not enough-far from enough-it was something. The price of food stabilised. Supermarkets reopened. Bakeries began running again. Many people even went to their homes or what was left of it, and tried to repair and rebuild, however little they could.”
Humanitarian agencies were able to mount operations that saw an average of more than 4,000 trucks per week entering Gaza despite Israeli authorities initially only partially opening the crossings and denying much of the urgently needed reconstruction materials. Oxfam reached almost 200,000 people with essential relief.
The Israeli government’s renewed bombardment of residential areas, including Jabalia and Khan Younis, has killed almost 700 people, including at least 200 children since March 18. Israeli authorities have issued new mass forced displacement orders, forcing around 120,000 Palestinians to flee. These orders are causing panic and chaos in the absence of anywhere safe in Gaza.
Oxfam says humanitarian operations have been gravely hindered by the absence of guarantees of safety for aid workers moving around Gaza.
Oxfam and its partners say their storage facilities containing food parcels are severely depleted. Israeli authorities have denied access to Oxfam shipments of six desalination units and seven trucks of water and sanitation infrastructure, up to 85% of which has been destroyed by Israel’s bombing campaign.
“Oxfam, through its partners has been able to initiate emergency water trucking across the Gaza Strip, and are maintaining some other aid programs, such as multi-purpose cash transfers, despite the severe challenges that all humanitarian workers now face around lack of protection,” said Khalidi.
“For the past 535 days, Israel has been systematically weaponising life-saving aid, inflicting collective punishment upon the population of Gaza. The denial of food, water, fuel and electricity is a war crime and a crime against humanity. Many within the international community are enabling this by their silence, inaction and complicity,” said Khalidi.
Oxfam’s health partner in Gaza, Juzoor for Health and Social Development, had its center in Jabalia destroyed in an airstrike on March 18. It had been serving over 1,000 patients daily. Dr Umaiyeh Khammash, Director of Juzoor, said: “Every airstrike that hits, threatens the lives and safety of our dedicated staff and the patients they serve. This center is not just a building; it’s the heartbeat of healthcare for countless families here. Without it, many will lose access to crucial medical care.”
In another attack yesterday (March 23), three sewage operators from the Abasan Al Kabira municipality working with Oxfam’s partner Coastal Municipalities Water Utility (CMWU) were killed while performing their duties when their clearly- marked truck was destroyed in an attack by Israeli military.
A renewed ceasefire must be permanent and accompanied by the safe return of Israeli hostages and illegally detained Palestinian prisoners. Israel must provide unfettered aid at scale. Oxfam said governments must stop transferring arms, while the international community must enforce international law. We reiterate our call for justice and accountability for all those affected.
Notes:
Oxfam works with 19 partner organizations in the Gaza Strip. Between 20 January and 28 February 2025, Oxfam reached a total of 181,622 people across the Gaza Strip with water and sanitation services, including repair and reconstruction, protection, multipurpose cash assistance, distribution of food parcels and essential agricultural inputs for recovery, protection, health care and case management.
Since Israel’s breach of the ceasefire and airstrikes on Gaza on 18 March, Oxfam staff movements have been severely restricted in the absence of a notification system. This week, Oxfam’s progammes in Gaza, including those of many partners, have been severely impacted. Oxfam is still able to undertake some water trucking and multipurpose cash distribution, but under high-risk conditions
The fatality rate in Gaza is based on the Palestinian Ministry of Health reporting on 24 March (11AM) and the fatality rate of children is reported by UNICEF on 21 March
Since 2 March, Israeli authorities have re-imposed a total siege, blockading the entire Gaza Strip. It is banning the entry of any humanitarian basic supplies, including water, food, medical supplies and fuel, as well as banning any commercial supplies to enter Gaza.
On 10 March, Israeli authorities cut off electricity supply to the only operational large-scale desalination plant for drinking water. With the exception of that last remaining, intermittent electricity feed to the desalination plant, Gaza has been under an electricity blackout since 11 October 2023.
The current siege is one week longer than in 2023, when the Israeli authorities imposed a total siege that lasted from 7-21 October 2023.
According to theIPC Special Snapshot – September 2024 – April 2025, the risk of Famine between November 2024 and April 2025 persists as long as conflict continues, and humanitarian access is restricted
According to the Palestinian Water Authority, 85% of the water and sanitation infrastructure in Gaza is destroyed as a result of Israel’s bombing campaign.
TheUNreported that during the 42-day ceasefire period, a total of 4,000 trucks per week travelled into Gaza, 600,000 people received polio vaccinations and maternity care was provided for 5,000 births.
Satellite images of the Gaza displacement orders, on 18 March, covers an area amounting to 37% of Gaza’s land and double the size of the original buffer zone. This has been reported bySky Newsand the figures have been confirmed by the UN. The UN reported on 21 March that more than 120,000 people had fled since the evacuation orders were issued on 18 March.
Denial of Aid–breaches Customary IHL Rule 55; 1977 Additional Protocol II Arts 69-71 and 81; Fourth Geneva Convention 1949, Arts 23,55-63 and 108-111; Rome Statute ICC, Crime Against Humanity of Extermination, Art 7 1(b) “Extermination” includes the intentional infliction of conditions of life, inter alia the deprivation of access to food and medicine, calculated to bring about the destruction of part of a population.OCHA / WFP food insecurity data, released every tuesday (18 Mar 2025): Most recent OCHA sitrep(18 Mar 2025):
Between 10 and 20 per cent of 4,500 surveyed pregnant and breastfeeding women are malnourished, a recent analysis by the Nutrition Cluster reveals.
To cope with shortages, the Food Security Sector (FSS) partners are drastically reducing food assistance to families, suspending flour distribution to families to prioritize supplies for bakeries, pausing the distribution of fresh produce, and scaling down hot meal preparations at some community kitchens.
FSS warns that over one million people risk being left without food parcels in March, and at least 80 of the 170 community kitchens may be forced to close in one to two weeks, if supplies, including cooking fuel, are not allowed into Gaza. The FSS estimates that more than 50,000 metric tons (MT) of food supplies are required monthly to assist everyone with full rations, in addition to 9,700 MT of flour needed monthly to keep the subsidized bakeries running.
Since the ceasefire took effect on 19 January, and as of 15 March, 4,646 children have enrolled in malnutrition treatment programmes, 672 of whom were diagnosed with severe acute malnutrition.
The Nutrition Cluster notes a decrease in monthly enrolments in such programmes from about 5,000 in the month prior to the ceasefire to a monthly average of 2,500 in Phase One of the ceasefire.
Nutrition Cluster partners observed a rising number of pregnant and breastfeeding women becoming malnourished – between 10 and 20 per cent,
11 March inter-agency mission to eastern Khan Younis found that agricultural facilities had been largely destroyed, including 1,400 dunums of open land,150 greenhouses, 90 poultry farms, and dozens of livestock and dairy cattle farms. The remaining cultivated land did not exceed 70-80 dunums.
WFP currently has sufficient food stocks to support active kitchens and bakeries for up to one month, as well as ready-to-eat food parcels to support 550,000 people for two weeks.
WFP has approximately 63,000 metric tons of food destined for Gaza, stored or in transit in the region. This is equivalent to two to three months of distributions for 1.1 million people, pending authorization to enter Gaza.
Traders have begun withholding goods due to uncertainty over when new supplies will arrive.
HD Hyundai machinery has been widely used in demolitions of Palestinian-owned structures in the Occupied Palestinian Territory (OPT), according to new visual and testimonial evidence documented by Amnesty International Korea and local human rights groups.
While the company denies their involvement, images and videos verified by the groups identified 59 Palestinian-owned homes, businesses and other structures that were demolished between September 2019 and February 2025 using machinery made by the South Korea conglomerate.
These demolitions resulted in the forced displacement of approximately 250 Palestinians and damaged the livelihoods of hundreds of others.
“It is imperative that HD Hyundai takes decisive action to immediately suspend distribution of its products in Israel and conduct heightened due diligence to ensure its operations, products or services do not perpetuate human rights abuses,” said Montse Ferrer, Amnesty International’s Deputy Regional Director.
For its investigation, Amnesty International Korea in collaboration with the Evidence Lab, Amnesty International’s digital investigations team, verified a total of 347 images and videos of demolitions obtained through partnerships with local organizations.
Amnesty International Korea, in collaboration with the Israeli human rights organization B’Tselem, also gathered testimonies from victims whose homes and businesses were destroyed by HD Hyundai bulldozers in eight instances across the West Bank.
One resident, a plumber named Yaaqoub Barqan, described how the Israeli military turned his home into rubble in July 2024.
“About 30 armed soldiers arrived in military jeeps, along with three pieces of heavy equipment, including a Hyundai excavator. The excavator destroyed the house in less than 20 minutes. My wife fainted watching our home being destroyed and is still receiving psychiatric treatment,” he said.
These findings follow research from March 2023 in which Amnesty International and Democracy for the Arab World Now (DAWN) documented five instances where Israeli forces used excavators manufactured by Hyundai Construction Equipment (Hyundai CE) to raze Palestinian property that displaced at least 15 Palestinians in Masafer Yatta, an area south of the occupied West Bank where Palestinians live under imminent threat of mass expulsion.
In March 2024, in a response to media inquiries, HD Hyundai claimed it had reviewed its dealer’s records and asserted that there were no sales records to government agencies, such as for demolition work in Israel, and that compliance regulations were followed.
However, Amnesty International Korea’s latest research revealed at least 32 shipments of HD Hyundai heavy machinery to Israeli distributor EFCO were made between October 2021 and October 2023 along with 12 shipments of Hyundai Infracore equipment to Emcol Ltd, Hyundai Infracore’s major distributor in Israel.
Amnesty International Korea first contacted HD Hyundai in March 2023, and then again in October 2024 and March 2025, to inform the company about the use of its machinery in unlawful demolitions in the OPT. On 17 March 2025, Hyundai Infracore, Emcol and EFCO were contacted.
HD Hyundai XiteSolution, the parent company of HD Hyundai CE and HD Hyundai Infracore, responded on 25 March 2025 saying that it “has no involvement with activities in said conflict regions”. The company did not respond directly to questions posed by Amnesty International Korea. Emcol and EFCO did not respond.
“HD Hyundai Group, like any corporate actor, must respect human rights throughout its operations. It must do more to guarantee that its machinery is not being used in the destruction of homes and livelihoods in the OPT, especially as demolitions are a key tool in upholding Israel’s system of apartheid,” Montse Ferrer said.
Source: United States Senator for West Virginia Shelley Moore Capito
To watch Chairman Capito’s opening statement, click here or the image above.
WASHINGTON, D.C. – Today, U.S. Senator Shelley Moore Capito (R-W.Va.), Chairman of the Senate Environment and Public Works (EPW) Committee, held ahearing on the nominations of Brian Nesvik to be Director of the United States Fish and Wildlife Service, Jessica Kramer to be Assistant Administrator for the Office of Water of the Environmental Protection Agency (EPA), and Sean Donahue to be General Counsel of the EPA.
Below is the opening statement of Chairman Shelley Moore Capito (R-W.Va.) as delivered.
“I’m pleased to welcome everyone to today’s hearing, where we’ll consider the nominations of Brigadier General Brain Nesvik to serve as Director of the U.S. Fish and Wildlife Service, Jessica Kramer to serve as Assistant Administrator for the Office of Water, and Sean Donohue to serve as General Counsel at the EPA.
“General Nesvik has more than 29 years of experience with the Wyoming Game and Fish Department prior to his retirement last September…during his tenure with the department, he served in various roles, including chief Game Warden and Wildlife Division Chief, until ultimately being appointed the Director in 2019.
“Wyoming is a world-renowned destination for hunters and anglers, and General Nesvik led the state’s wildlife management programs, ensuring that the conservation of species and recreational existence can coexist for generations to come. Simultaneously to his full-time job with Wyoming Game and Fish, General Nesvik served in the Wyoming Army National Guard.
“His service included deployments to Kuwait and Iraq, and progressively more senior leadership, culminating in his final posting as the Commander of the Wyoming Army National Guard. After 35 years of service, General Nesvik retired from the National Guard in 2021 at the rank of brigadier general. Thank you, General Nesvik, for your service to our country.
“The U.S. Fish and Wildlife Service, or the Service, needs greater structure and efficiency, so it will benefit to have a former general officer as its Director. As the Director of the Service, General Nesvik will be tasked with overseeing the operations of the agency to conserve and manage our nation’s wildlife and natural habitats.
“Under the Biden administration, the Endangered Species Act was leveraged to slow down, and sometimes even halt, infrastructure projects going through the federal permitting process. We must be able to efficiently permit projects while protecting wildlife and natural habitats at the same time.
“General Nesvik will also oversee many other issues, such as the management of over 570 National Wildlife Refuges and implementation of congressionally-authorized conservation programs. I trust that his background will offer him a unique perspective on how the Service can better manage wildlife programs and protect species, without hindering critical infrastructure projects. I look forward to hearing his testimony.
“This morning we will also hear from Jess Kramer, we call her Jess, President Trump’s nominee to serve as the Assistant Administrator for the Office of Water. This Committee has a long tradition of working in a bipartisan manner to strengthen environmental policies, improve water infrastructure, and ensure federal regulations are effective, not unnecessarily burdensome. Clean water is not a partisan issue, it is essential to the health, safety, and economic well-being of every American.
“The Office of Water plays a critical role in ensuring access to safe and reliable water for all Americans. That means ensuring federal programs like the State Revolving Funds are effective, addressing PFAS contamination without undue burdens on ratepayers, and working with state and local governments to streamline permitting.
“Jess is well-qualified to lead the EPA’s Water Office. She has built a career crafting practical, bipartisan solutions to improve water policy and ensure communities, regardless of their size or geography. She has also worked to have access to safe and reliable drinking water and wastewater infrastructure.
“During Jess’s time working with me on the EPW Committee, she played a key role in shaping the water provisions in the IIJA, securing historic investments to modernize drinking water and wastewater systems, remove lead service lines, and address emerging contaminants.
“Beyond her experience on Capitol Hill, she has served in both state and federal roles, most recently as Deputy Secretary of Regulatory Programs at the Florida Department of Environmental Protection where she oversaw critical programs related to water quality, permitting, and enforcement. Jess understands that environmental protection and economic growth can go hand in hand, and she knows how to ensure regulations are clear, fair, and based on sound science.
“This morning, we will also hear from Sean Donahue, the nominee to serve as General Counsel at the EPA. The EPA’s Office of General Counsel serves as the chief legal advisor to the agency, providing critical guidance on implementing environmental laws like the Clean Air Act, the Clean Water Act, the Safe Drinking Water Act, and the Superfund.
“The General Counsel plays a central role in shaping EPA’s policies, ensuring legal compliance, defending the Agency from legal challenges, and advising on matters that impact communities nationwide. The office also works closely with Congress, EPA regional offices, and enforcement teams to provide the legal foundation for strong environmental protections.
“Mr. Donahue has served for three years in the prior Trump Administration at EPA as a Special Advisor, including working in the Agency’s Office of Land and Emergency Management. After working at the Agency, Mr. Donahue joined a law firm in Buffalo, New York where he practiced environmental law. In 2024, he served as a counsel for a solar energy development company in New York State.
“In 2025, Mr. Donahue was appointed Principal Deputy General Counsel at the EPA. He currently serves as a Special Advisor in the EPA Administrator’s Office. With his experience in both private practice and at the Agency, I look forward to hearing more about Sean Donahue’s qualifications and vision for this important role.”
The Government of Norway lowered its national terror threat level from High’ to ‘Moderate’ (level 3 of 5) on 14 November 2024 after temporarily raising it in October 2024. Norwegian authorities said there was still a heightened threat from extremists against Jewish and Israeli targets in Norway. Take official warnings seriously and follow the advice of local authorities (see ‘Safety’).
Source: United States Senator for Commonwealth of Virginia Mark R Warner
WASHINGTON – Today, Vice Chairman of the Senate Select Committee on Intelligence Mark R. Warner (D-VA) wrote Federal Bureau of Investigation (FBI) Director Kash Patel requesting he confirm that the FBI will open an investigation into the Signal group chat that senior Trump administration officials used to discuss classified information, including information revealing that the United States was preparing to conduct airstrikes against Houthi targets in Yemen.
“Department of Defense policies dictate that information concerning military plans, such as contained in the messages sent by the Secretary of Defense, is classified, and no reasonable process would allow for communication of this information over a commercial messaging application before U.S. pilots had completed and safely returned from their mission,” Sen. Warner wrote.
Director Patel, who was not part of the Signal chat, testified yesterday before Senate Intelligence Committee stating he could not provide information on this matter because he had only recently been made aware of it.
“Yesterday you testified that you could not provide information to the Committee concerning this matter because you had only recently been made aware of it,” Sen. Warner continued. “In other contexts, the FBI has acted promptly to open an investigation when information of a similar nature has been mishandled.”
Now, two days later, Sen. Warner is requesting that Director Patel clarify the actions the FBI will take to investigate this matter:
Will you commit to opening an investigation of this matter, if you have not already done so?
Will you collect the devices involved, whether government-issued or otherwise?
Will you scan those devices for malware or other indications of unauthorized access?
A copy of letter is available here and text is below.
Director Patel,
Between March 11th and 15th, the Secretary of Defense and other senior Trump Administration officials used a commercial messaging application to communicate information revealing that the United States was preparing to conduct airstrikes against Houthi targets in Yemen. The messages were sent as U.S. pilots were preparing to fly U.S. military aircraft into enemy-controlled airspace defended by surface-to-air missiles in order to strike targets known to change their location. Messages sent by the Secretary of Defense not only revealed, in advance, that the U.S. was planning airstrikes in Yemen, but also disclosed details concerning the timing, sequencing, and weapons to be used. This information could have been used by the Houthis to shoot down U.S. aircraft, thereby endangering the lives of the U.S. pilots, as well as to relocate enemy targets or otherwise disrupt the mission.
Department of Defense policies dictate that information concerning military plans, such as contained in the messages sent by the Secretary of Defense, is classified, and no reasonable process would allow for communication of this information over a commercial messaging application before U.S. pilots had completed and safely returned from their mission.
Yesterday you testified that you could not provide information to the Committee concerning this matter because you had only recently been made aware of it.
In other contexts, the FBI has acted promptly to open an investigation when information of a similar nature has been mishandled. As you have now had two days to consider the details of this matter, can you confirm the following:
Will you commit to opening an investigation of this matter, if you have not already done so?
Will you collect the devices involved, whether government-issued or otherwise?
Will you scan those devices for malware or other indications of unauthorized access?
Source: Eastern Institute of Technology – Tairāwhiti
22 minutes ago
EIT Auckland valedictorian Muddassar Khot has always believed that education has no age limit.
At 42, he has now graduated with a Master of Information Technology, having balanced work, fatherhood, and student leadership along the way.
He crossed the stage as one of EIT Auckland’s two valedictorians at a graduation ceremony at the Aotea Centre today (Tuesday, March 25).
“It’s a huge privilege,” he says. “I wasn’t always the top student, but I’ve always aimed high. I believe if you’re not updated, you’ll be outdated. That’s what kept me going.”
Originally from India, Muddassar worked in Qatar in the education sector and nearly secured an IT director role in the Middle East. But when the final decision went to someone with a Western qualification, he was motivated to study abroad.
That goal took time.
“It took me five years to start the process,” he says. “Initially the plan was for my wife Shaheen to study first and then I would, however, she decided not to and then pushed me to study.”
He arrived in New Zealand in 2020 to study a Postgraduate Diploma in IT and immediately felt supported at EIT.
“During lockdown, we were isolated. But EIT acted like family. Cherie and the team organised virtual coffee mornings, moved learning online almost overnight, and made sure no one was left behind.”
He describes EIT’s culture as one of genuine care.
“The professors were incredible. They always answered my questions with a smile, even the silly ones. They never made me feel like just a student, but like a friend. That kind of support makes all the difference.”
He returned to EIT in 2023 to pursue his master’s degree—while working as Lead Networks and Systems Engineer at The IT Team.
He also juggled study with life at home, where he and Shaheen raise their three children, aged 2, 9, and 13. Their youngest was born during his studies, making the balancing act even more challenging.
“It was intense. But my wife and kids were understanding, and I couldn’t have done it without my family’s support.”
Muddassar also served as chairperson of the Student Association and helped organise trips and student support during lockdown.
“Leadership is something I value deeply. Being a leader means feeling the pain of your team and doing what you can to help.”
Looking ahead, Muddassar hopes to pursue a PhD and eventually become an entrepreneur.
He also dreams of opening a not-for-profit organisation for people with visual impairments, inspired by his grandmother and father’s struggles with sight.
“It’s my mother’s dream too,” he says. “If you can help someone, you should. Education is a treasure that never dies—and through it, we can all help build a better world.”
Iran’s Islamic Revolution Guards Corps (IRGC) has unveiled a new underground missile base.
Belonging to the IRGC’s Aerospace Division, the base, dubbed “missile city,” was unveiled during a visit by Chairman of the Chiefs of Staff of the Iranian Armed Forces Mohammad Baqeri, and Commander of the IRGC’s Aerospace Division Amir-Ali Hajizadeh, according to footage released by the Sepah News, the IRGC’s official news outlet, on Tuesday night.
The narrator speaking on the footage said the facility was one of the IRGC’s “hundreds” of missile bases across Iran, “which is home to thousands of homegrown solid- and liquid-fueled precision-guided and network-based ballistic missiles, made by the experts of the IRGC’s Aerospace Division.”
He listed some of the missiles in the base as Kheybar Shekan, Martyr Haj Qassem, Qadr-H, Sejjil, and Emad. The narrator said the listed missiles were the ones used in the two military operations against Israel on April 13 and October 1, 2024.
Iran has unveiled several underground missile and naval bases since the beginning of 2025.
UN Secretary-General Antonio Guterres welcomed the commitments reached by the United States, Russia and Ukraine in Saudi Arabia on freedom of navigation in the Black Sea, and viewed the move “a crucial contribution to global food security and supply chains,” his spokesman said on Wednesday.
The United States has reached agreement with Russia and Ukraine to ensure safe navigation, eliminate the use of force, and prevent the use of commercial vessels for military purposes in the Black Sea, the White House said on Tuesday.
The agreement followed separate technical-level talks between U.S. and Ukrainian delegations, as well as between U.S. and Russian delegations, held from March 23 to 25 in Riyadh, Saudi Arabia.
“Reaching an agreement on freedom of navigation in the Black Sea to ensure the protection of civilian vessels and port infrastructure will be a crucial contribution to global food security and supply chains, reflecting the importance of trade routes from both Ukraine and the Russian Federation to global markets,” Stephane Dujarric, spokesman for the UN secretary-general, said in a statement.
The United Nations has been working consistently, especially following the letters the UN chief sent to Ukrainian President Volodymyr Zelensky, Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan on Feb. 7, 2024, putting forward a proposal for safe and free navigation in the Black Sea, Dujarric said.
The world body also remains closely engaged in the continued implementation of the memorandum of understanding with Russia on facilitating access of Russian food and fertilizers to global markets to address global food security, the spokesman said.
Voicing his support for all efforts towards peace, Guterres reiterated in the statement his hope that such efforts will pave the way for a durable ceasefire and contribute to achieving a just, comprehensive and lasting peace in Ukraine, in line with the UN Charter, international law and relevant UN resolutions and in full respect of Ukraine’s independence, sovereignty and territorial integrity.
Russia is satisfied with advancing its dialogue with the United States, Kremlin Spokesman Dmitry Peskov said on Wednesday.
“Russia and the United States have established a constructive relationship through recent engagements, and we are due to advance along this path,” Peskov said at a routine news briefing, expressing Moscow’s satisfaction with “the practicability, constructiveness and effectiveness of these contacts.”
He confirmed that during Monday’s negotiations in Riyadh, capital of Saudi Arabia, the two sides agreed on a temporary no-strike list covering energy facilities in Russia and Ukraine, crediting sustained bilateral communication for this outcome.
Peskov also reaffirmed Russia’s readiness to continue cooperation with Washington regarding the Black Sea Grain Initiative.
“All conditions (for the initiative) were met except for those concerning Russia … and we will continue work with the United States (in the implementation of the initiative),” Peskov said.
Source: United States Senator for Maine Angus King
WASHINGTON, D.C. — Today, U.S. Senator Angus King (I-ME) raised concerns over the United States’ hypersonic missile defense capabilities at a hearing of the Senate Armed Services Subcommittee on Strategic Forces. King, the ranking member of the subcommittee, urged General Anthony J. Cotton, Commander of U.S. Strategic Command for the Air Force, and General Stephen N. Whiting, Commander of U.S. Space Command for the Air Force, to support investments in U.S. hypersonic missile technologies to keep up with Russia, China, and North Korea.
“Two things, I just wanted to follow-up on the discussion of hypersonics. I believe we have missed two critical strategic technologies and are woefully behind, hypersonics and directed energy. These are things that we should have seen coming and now we are playing catch up. I just want to emphasize not only do we need a hypersonic weapon for deterrent possibilities, but we need hypersonic defense. Those aircraft carriers in the pacific are sitting ducks for hypersonic missiles coming at them 4,000 to 5,000 miles an hour, 100 feet above the surface of the ocean. So, hypersonic defense is something I think we need to invest in, as well as the development of a hypersonic offensive capacity in order, again, to provide a deterrent. General Cotton, would you agree?” asked Senator King.
“I do agree with that statement,” replied General Cotton.
“The other thing I wanted to mention, it has, sort of, become conventional wisdom here that we are going from one near peer adversary to two. I believe we are going from one near peer adversary to three and a half because of, as I think you touched upon this, the growing cooperation between China and Russia. And then you put in Iran, which has also become a contributor to Russia’s war machine, as well as North Korea, which is also contributing to Russia’s efforts in Ukraine. I think we need to think strategically, not two near peer adversaries, but the potential of two near peer adversaries who are working together. And that creates its own strategic challenges. General Cotton, what are your thoughts on that?” Senator King asked.
“Senator, you are absolutely right and that is what we are actually doing at STRATCOM today. When we look at, and you are right, I call them third-party influencers. And what I mean by that and to your point, I would add, one, I think is a little different nuance, that is the new relationship that we are seeing that is happening between Russia and the DPRK. So, we are talking about DPRK. We’re talking about Iran, we’re talking about China, as well as the Russian Federation,” General Cotton confirmed.
“I think we have to assume that, in a time of serious conflict, it would not be just with one or the other. It could well and probably would involve all four of those powers that you’ve mentioned,” argued Senator King.
“That is why I call them the third-party influencers because what they could do is they can be a distraction from the main effort that could be launched by any one of those that we had mentioned,” replied General Cotton.
As a member of the Senate Armed Services Committee and the Senate Select Committee on Intelligence, Senator King is recognized as an authoritative voice on national security and foreign policy issues. Senator King has previously spoken up about the emerging threats of Russia and China’s development of “nightmare weapon” hypersonic missiles, which he has described as “strategic game-changers.” He previously urged the Department of Defense (DoD) to take advantage of private sector technologies or risk losing access to innovative defense technologies and encouraged the (DoD) to reevaluate its acquisition process of defense technologies. Additionally, Senator King has been a steady voice on the need to address the growing nuclear capacity of our adversaries.