Category: Middle East

  • MIL-OSI Europe: REPORT on the nomination of Lucian Romașcanu as a Member of the Court of Auditors – A10-0039/2025

    Source: European Parliament

     

    ANNEX 1: CURRICULUM VITÆ OF LUCIAN ROMAȘCANU

    ABOUT ME

    Married, two children

    Politician with top parliamentary and governmental experience with a wealth of prior experience in the private sector.

    Solid experience in working with public and European funds in the public positions held, minister, senator or head of a higher administrative territorial unit.

    EDUCATION AND TRAINING

    [ 2000 – 2002 ] Executive MBA

    University Of Washington, Seattle / ASEBUSS Bucharest

    City: Bucharest | Country: Romania |

    [ 1986 – 1991 ] BSc

    Academy Of Economic Studies

    City: Bucharest | Country: Romania |

    WORK EXPERIENCE

    [ 28/10/2024 – Current ] President

    Buzău County Council

    City: Buzău | Country: Romania

     uninominal elected position

     administrative coordination of Buzău county, 404 000 inhabitants and 87  administrative territorial units

     yearly budget – over EUR 100 million

    [ 21/12/2016 – 27/10/2024 ] Senator

    The Senate of Romania

    City: Bucharest | Country: Romania

    Various positions in the parliament of Romania:

     Chair, Culture and Media Committee

     President, Romanian parliament delegation to the Parliamentary Assembly of the Organization for Security and Co-operation in Europe (OSCE)

     Leader, Social-Democratic Party senators

    [ 11/2021 – 06/2023 ] Minister Of Culture

    Government of Romania

    City: Bucharest | Country: Romania

    • yearly budget – over EUR 300 million

     

    [ 06/2017 – 01/2018 ] Minister Of Culture

    Government of Romania

    City: Bucharest | Country: Romania

    • yearly budget – over EUR 270 million

    [ 2015 – 2016 ] Management Advisor to the President of the Board

    Romanian National Television

    City: Bucharest | Country: Romania

     100 % state owned

     5 TV Channels

     EUR 67 million yearly turnover

     2 450 employees

    [ 2012 – 2015 ] Managing Director

    Dogan Media International

    City: Bucharest | Country: Romania

     Turkish capital

     EUR 20 million yearly turnover

     over 400 employees

     32 % y-o-y revenue growth

    [ 2009 – 2012 ] General Manager

    Cancan Media

    City: Bucharest | Country: Romania

     EUR 8 million yearly turnover

     140 employees

     12% y-o-y revenue growth

    [ 2006 – 2009 ] Managing Director

    Ringier Romania

    City: Bucharest | Country: Romania

     Swiss capital

     EUR 30 million yearly turnover

     240 employees

    [ 2004 – 2006 ] Managing Director

    Best Print Services

    City: Bucharest | Country: Romania

     EUR 10 million yearly turnover

     110 employees

     financing negotiations, investment programme supervising

     ERP design and implementation

     18 % y-o-y revenue growth

    [ 2002 – 2004 ] General Manager

    HL Display Romania

    City: Bucharest | Country: Romania

     Swedish capital

     start-up

     EUR 1 million yearly turnover

     5 employees

     Accountable for the Profit and Loss (P&L) statement

     budgeting, revenue and cost control responsibility

     

    [ 1999 – 2002 ] Sales Director

    Ringier Romania

    City: Bucharest | Country: Romania

     Swiss capital

     sales team coordination (14 people)

     crafting sales strategy, planning action, setting sales objectives

     sales presentations delivered to media agencies, key clients; contract negotiation

    [ 1997 – 1999 ] Sales Director

    MediaPro Holding

    City: Bucharest | Country: Romania

     organising and harmonising the sales structures of the different group companies

     crafting sales strategy, planning action, setting sales objectives

     sales presentations delivered to media agencies, key clients; negotiating sales budgets responsibility, in depth reorganisation of the sales structure of 16 different companies

    [ 1993 – 1997 ] Country Representative Amorim Irmaos

    City: Bucharest | Country: Romania

     start-up

     EUR 4 million yearly turnover

     building the presence on the Romanian market, obtaining and maintaining the leader position (90 % market share)

    [ 1991 – 1993 ] Account manager

    Vinexport Trading Co.

    City: Bucharest | Country: Romania

     coordinating exports to Dutch, Canadian and Israeli markets

     taking part in negotiations, supervising deliveries, preparing export documents.

    MANAGEMENT AND LEADERSHIP SKILLS

    Team leader, good negotiator

     good teams coordination

     precise identification and delimitation of competences and hierarchies, multitasking with attention to detail

     analytical but also action and results oriented

     very good communication and presentation skills

     strong negotiation skills with different typologies or cultures

    COMMUNICATION AND INTERPERSONAL SKILLS

    Excellent communicator, adaptable and perseverant

     excellent interpersonal and communication skills within different environments, coordinating and motivating teams of various sizes

     committed, self-starter, dynamic, perseverant, adaptable, rapidly assimilating new information from various fields

    LANGUAGE SKILLS

    Mother tongue(s): Romanian

    Other language(s):

    English

    LISTENING C2 READING C2 WRITING C2

    SPOKEN PRODUCTION C2 SPOKEN INTERACTION C2

    French

    LISTENING B2 READING B2 WRITING B1

    SPOKEN PRODUCTION B1 SPOKEN INTERACTION B1

    Levels: A1 and A2: Basic user; B1 and B2: Independent user; C1 and C2: Proficient user

    DIGITAL SKILLS

    My Digital Skills

    Excellent command of Microsoft Office (Word, Excel, Outlook) | Proficiency of using computer and internet | Enterprise-Resource-Planning-Software (ERP) | Implement change management: from organisational changes to CRMs launch

    DRIVING LICENCE

    Motorbikes:  A

    Cars:  B

    HOBBIES AND INTERESTS

    Avid reader, passionate about sports and music

    ANNEX 2: ANSWERS BY LUCIAN ROMAȘCANU TO THE QUESTIONNAIRE

    Questionnaire for Candidates for Membership of the Court of Auditors

    Professional experience

    1. Please list your professional experience in public finance be it in budgetary planning, budget implementation or management or budget control or auditing.

     A:

     As manager in the private sector

    i. I proposed, negotiated, approved and controlled budgets of EUR tens of millions in the different companies I managed.

     

     As Senator in the Romanian Parliament:

    i. I discussed, amended and approved eight of the Romanian yearly budgets with all the activities involved in this laborious process.

    ii. I received, analysed, and was involved in amending, approving or rejecting the budgets of the institutions that operate directly under the supervision of the Senate of Romania – Romanian National Television, Romanian National Radio, the Romanian Cultural Institute, the Audio Visual Council, among others.

    iii. I was involved in top level decisions during major crises, including the pandemic and the energy crisis, where the budgetary impact and control over decisions was a key priority.

     

     As Minister of Culture

    i. I analysed past years’ budgets and drew conclusions on the performance of the previous budgets and implemented corrective measures where necessary.

    ii. I drew up the yearly budgets, negotiated them with the Ministry of Finance and presented them in front of the Romanian parliament – the yearly budget of the Ministry of Culture is about EUR 300 million.

    iii. I oversaw the execution of the yearly budgets both in terms of performance and legality.

    iv. I worked closely with the Romanian Court of Accounts in all aspects related to their activities concerning my ministry.

     

     As President of Buzau County

    i. I analysed the previous years’ budgets to allow me to draw conclusions on the County’s financial performance and subsequently prepared budgetary corrections for the next period.

    ii. I drew up the 2025 budget and supervised its approval by the County counsellors – the yearly budget is about EUR 110 million.

    2. What have been your most significant achievements in your professional career?

     A: Considering the scope of this questionnaire, I would list some of the achievements related to the financial and budgetary fields:

    i. In my first mandate as Minister, I was able to increase the budget of the Ministry of Culture by 47 % and oversaw an execution rate of more than 98 % without any adverse opinion from the Romanian Court of Accounts.

    ii. As the leader of the group of the Social Democratic Party senators I was a key actor in the negotiation and successful vote of the Romania’s annual budgets in due time.

    iii. As member of the Parliament during the COVID-19 crisis I was able, together with my colleagues, to ensure – through the necessary Parliamentary decisions – all the resources that the state needed to fight the pandemic and follow-up the way the resources were allocated and spent.

    3. What has been your professional experience of international multicultural and multilinguistic organisations or institutions based outside your home country?

     A:

    i. In the private sector I worked on top executive positions for multinational companies, where I exposed to different cultures within the organisations I worked for.

    ii. As a member of the Romanian parliament and a committee chair, I was constantly involved in activities of parliamentary diplomacy with representatives of different countries and cultures. As the President of the Romanian Parliament delegation to the Organization for Security and Co-operation in Europe (OSCE) I was involved in meetings, discussions and negotiations with representatives from more than 50 member countries.

    iii. As a minister I had the opportunity to have a full international agenda with meetings and negotiations with colleagues from different countries and cultures.

    4. Have you been granted discharge for the management duties you carried out previously, if such a procedure applies?

     A: The duties I carried out previously were not subject to a discharge procedure.

    5. Which of your previous professional positions were a result of a political nomination?

     A: For the past eight years of my career, I was in the public service following general or local elections and I was appointed twice as Minister of Culture. All positions were held as a member of the Social Democratic Party (PSD).

    6. What are the three most important decisions to which you have been party in your professional life?

     A: Having a career that spans over decades, there were several important decisions that made the difference, and I am proud of. I will mention three of them, which are relevant for the three main chapters of my career so far, in the private sector, government and parliament:

    i. One of my important decisions I made during my years as manager in the private sector was the deep restructuring of the division I was in charge of in within Ringier Romania, the result being that the newspaper and magazine titles in my portfolio accounted for 50 % of the group’s turnover and almost 100 % of the group’s profit.

    ii. As Minister of Culture, I was able to restructure and streamline the budget to allocate 270 % more money to domestic cultural projects than in the preceding year.

    iii. As a senator and group leader I supported, negotiated in the committees and got the votes for the investment programmes of the Government, including recovery and resilience fund (RRF) projects, which reached almost 7 % of Romania’s GDP in 2024.

    Independence

    7. The Treaty stipulates that the Members of the Court of Auditors must be ‘completely independent’ in the performance of their duties. How would you act on this obligation in the discharge of your prospective duties?

    A: If confirmed, as a Member of the Court of Auditors, I commit myself to carry out my duties in full independence and with the highest ethical standards, in the general interest of the European Union and of the European citizens, and in full respect of the Treaties’ provisions and the Rules of Procedure of the Court. I will fully comply with the provisions of the Code of conduct for ECA members and observe the ethical principles enshrined therein: integrity, independence, objectivity, competence, professional behaviour, confidentiality, transparency, dignity, commitment, loyalty, discretion and collegiality.

    I will neither seek nor take instructions from any government or other institution, body office, or entity. At the same time, I shall refrain from any action incompatible with my prospective duties, striving to set an example by my personal conduct. Even after the cessation of my duties, I undertake to ensure the confidentiality of information and respect the rules concerning appointments and benefits.

    In this role, I will ensure that the Court’s independence is rigorously protected and that my duties are performed with integrity, impartiality and a strong commitment to the highest standards of public service.

    8. Do you or your close relatives (parents, brothers and sisters, legal partner and children) have any business or financial holdings or any other commitments, which might conflict with your prospective duties?

     A: Neither I nor any member of my family have any business or financial interests that could give rise to a conflict of interest with the duties and responsibilities associated with the role of Member of the European Court of Auditors (ECA).

    9. Are you prepared to disclose all your financial interests and other commitments to the President of the Court and to make them public?

     A: Yes, I am ready to disclose all requested information and provide a declaration of interest in accordance with the European Court of Auditors’ Code of Conduct and ethical guidelines, ensuring complete transparency and accountability.

    10. Are you involved in any current legal proceedings? If so, please provide us with details.

     A: No, I am not involved in any current legal proceedings.

    11. Do you have any active or executive role in politics, if so at what level? Have you held any political position during the last 18 months? If so, please provide us with details.

     A: Yes, I am currently the leader of the Buzau County organisation of the Social Democratic Party and the national spokesperson of the party for all matters.

    12. Will you step down from any elected office or give up any active function with responsibilities in a political party if you are appointed as a Member of the Court?

     A: Yes, without any hesitation. Becoming a member of ECA means that I will put an end to my political career.

    13. How would you deal with a major irregularity or even fraud and/or corruption case involving persons in your Member State of origin?

     A: If such a case happens, I would handle it in the same manner as any other case of fraud in any other Member State, with the utmost independence and integrity, taking a fully impartial, objective, unbiased and professional approach.

     Upholding impartiality and integrity, respecting the rule of law, strictly following established policies, rules, and procedures, and ensuring fairness and equal treatment are all essential for any institution to function effectively and maintain the trust of EU citizens.

    Performance of duties

    14. What should be the main features of a sound financial management culture in any public service? How could the ECA help to enforce it?

    A: Within the framework set by the Financial Regulation, sound financial management is understood as budget implementation in compliance with the three principles of:

    i) economy

    ii) efficiency

    iii) effectiveness.

    Public funds must be used for the public good, upholding the fundamental principles of transparency and accountability, which are the two key pillars of good governance.

    I strongly believe that transparency, fairness and accountability, with a focus on performance as well, should be seen as the main features of implementing these principles and fostering a sound financial management culture in public service and these have been guiding elements in both my private and public-sector career.

    What is more, the challenging context we are facing requires that we all do our utmost to rebuild and strengthen citizens’ trust in public institutions and decision-making processes at national and European levels. In this regard, I see added value in a multilayered approach aiming to ensure that proper budgetary planning is accompanied by ethical governance and transparent reporting, followed by a thorough controlling and accountability process, all supported by clear and proactive communication efforts at each of these stages. Not least, I see merit in incorporating early risk analysis and mitigation in all stages described above, to ensure the best possible outputs.

     The ECA has the important role of helping to establish a culture of professional financial management and ensuring its sustainability across all EU institutions. The ECA delivers recommendations and monitors their implementation, both key activities for the above-mentioned role. Identifying best practices and issuing audit recommendations are essential ways to strengthen sound financial management. Furthermore, the ECA’s substantial moral authority can help inspire more transparent and accountable accounting practices throughout the EU.

     The ECA also plays a significant role in simplifying the legislative framework and administrative procedures where appropriate, contributing to effective financial management and facilitating necessary reforms. The EU needs simpler procedures with less bureaucracy, and the ECA can play a vital role in Europe’s simplification agenda.

    15. Under the Treaty, the Court is required to assist Parliament in exercising its powers of control over the implementation of the budget. How would you further improve the cooperation between the Court and the European Parliament (in particular, its Committee on Budgetary Control) to enhance both the public oversight of the general spending and its value for money?

    A: As a prospective Member of the Court of Auditors, I assure you of my commitment to building a relationship based on openness, transparency, mutual trust and efficiency between the European Parliament – in particular its Committee on Budgetary Control (CONT) – and the Court of Auditors. As we are still early in the current institutional and legislative cycle, I believe we need to work, from both sides, to further strengthen the connection between the two institutions and foster a culture of constant engagement between the CONT Committee and the ECA. As such, if confirmed, I would like to assure you of my full openness to dialogue and suggestions on how to improve and strengthen the Court’s contributions in support of the decision-making process in the CONT Committee, meant to allow Parliament to exercise its democratic oversight effectively, particularly when exercising its powers of control over the implementation of the budget. Also given the current difficult regional and international context, I cannot stress enough the importance of safeguarding the EU budget – both at EU and national levels – and I am aware that this is a prime concern for this Parliament and for the CONT Committee in particular.

     

    By working together, we can ensure that any expenditure of EU money is made in a legal, responsible, and accountable manner, having at heart the best interests of the EU and its citizens.

     Moreover, since Members of the European Parliament directly represent the interests of EU citizens, it is crucial to incorporate their perspectives to ensure the ECA’s work remains relevant to the challenges faced by EU citizens, while upholding the Court’s full independence in its work.

     

    16. What added value do you think performance auditing brings and how should the findings be incorporated in management procedures?

     

    A: Compliance audits, financial audits and performance audits complement each other. While compliance auditing verifies whether activities and programmes comply with applicable legal and regulatory requirements, performance auditing evaluates whether these activities and programmes have been executed optimally.

     

    In the context of the implementation of the current multi-annual financial framework for 2021-2027, the Court of Auditors has already recommended future-proofing EU funding for climate adaptation as part of the EU’s economic growth strategy, with implications for the EU’s competitiveness both internally and externally. This contributed to building a results-oriented approach and ensuring that financial decisions are properly translated into effective actions and solutions to the benefit of EU citizens.

     

    Building on this model, further actions could be envisaged in order to support the proper follow-up to the efficiency of spending on the EU’s competitiveness objectives, based on performance auditing, also taking into account the need to consider the EU’s overall development objectives.

     In the same logic, a stronger focus on performance could prove useful in support of the new Commission objectives related to simplification and accountability, also with respect to public procurement procedures. Performance-based evaluations could also consider the administrative costs at the level of Member States, as well as at the level of the business community. Performance auditing offers forward-looking insights, evaluating whether processes are functioning effectively to achieve the set targets and goals.

    Given the projected increased complexity of the EU financial instruments, accountability and traceability of EU funds becomes even more important, also as a prerequisite of the performance-based model, to be considered in the future endeavours of the Court of Auditors, as well as in the relationship with the other EU institutions with budgetary responsibilities – namely the European Commission and the European Parliament.

     That being said, we must always strive to make recommendations that are both relevant and practical, and that can be clearly understood and embraced by the audited entity, especially by the appropriate management level with the competence to implement them optimally in terms of time, cost, and resources.

     

    17. How could cooperation between the Court of Auditors, the national audit institutions and the European Parliament (Committee on Budgetary Control) on auditing of the EU budget be improved?

     A: At this stage, I cannot provide a definitive answer, as I have yet to assess the matter from the perspectives of either the Committee on Budgetary Control or ECA. Gaining practical experience at the Court of Auditors will be essential in forming a well-informed view.

     What is clear, however, is that the cooperation between the Court of Auditors and national audit bodies, as outlined in Article 287(3) of the Treaty on the Functioning of the European Union, is crucial for effective budgetary control. In the context of shared management, leveraging the expertise of national auditors is particularly important.  

     Maintaining an open dialogue with the budgetary and legislative authorities, national SAIs, and other stakeholders strengthen the institution’s relevance and the impact of its work.

    Both the European Parliament (through the CONT Committee) and national audit institutions that report to national parliaments are key stakeholders for the ECA, with a shared goal of safeguarding the EU budget and ensuring optimal use of EU taxpayers’ money. In this regard, the ECA should continue to share its relevant reports with national audit bodies and other institutions to keep them informed of its activities and to communicate its recommendations on pertinent policy areas.

    Therefore, I believe that a well organised, transparent exchange of information, a strong understanding of each side’s needs, and effective collaborative arrangements are key to success. Any actions taken must uphold the legal framework for cooperation, ensuring both the obligation to work in good faith and the independence of the Court of Auditors and national audit bodies.

    Moreover, I would encourage direct structured dialogue between the Contact Committee and the EP Committee on Budgetary Control, with regular exchanges on good practices and lessons learned, effective budget implementation and control, governance, transparency and accountability matters. Additionally, I believe that joint risk analyses could also be a part of this more structured dialogue, a common understanding on challenges and specific risk across the EU, and exchange on ways to address these.

    At its end, the European Parliament also plays a significant role in raising awareness of the ECA’s work and the EU budget control system among their constituents. Also, the Members of the European Parliament should help the audit authorities in their respective Member States to better understand the challenges they face in carrying out their duties.

    18. How would you further develop the reporting of the ECA to give the European Parliament all the necessary information on the accuracy of the data provided by the Member States to the European Commission?

    A: High-quality reporting is based mainly on the quality of data provided. ECA evaluation and reporting depends on the quality of the data provided, especially since it supports the European Parliament in consolidating its budgetary decisions.

    In this respect, also considering that European statistics are public goods, and building on the current Regulation on European Statistics, it is important to analyse, in dialogue with the European Commission and the other institutions, how the current system could be improved to focus on new data sources, new technologies and insights generated by the digital era, as to ensure that the data provided reflect the new set of challenges and economic realities in order to support the reasoning of EU decisions and policy objectives.

    Always remembering that the Court itself has limited resources and must best use them to report its work.

    Other questions

    19. Will you withdraw your candidacy if Parliament’s opinion on your appointment as Member of the Court is unfavourable?

    A: As a former member of the Romanian parliament and former committee chair, I have full respect for the decisions of the European Parliament. In this respect, if any doubts were raised about my integrity or independence, I would of course consider, after discussions with my Member State, withdrawing my nomination. I would also carefully consider the views and discussions in the Budgetary Control Committee regarding the areas of professional improvement and act accordingly.

    Nevertheless, since I was nominated by the Romanian Government and the procedure under the TFEU states that the Council has the final decision, I consider that following the full procedure is the correct way to act that respects all the institutions involved.

    ANNEX: ENTITIES OR PERSONS FROM WHOM THE RAPPORTEUR HAS RECEIVED INPUT

    The rapporteur declares under his exclusive responsibility that he did not receive input from any entity or person to be mentioned in this Annex pursuant to Article 8 of Annex I to the Rules of Procedure.

     

    INFORMATION ON ADOPTION IN COMMITTEE RESPONSIBLE

    Date adopted

    18.3.2025

     

     

     

    Result of final vote

    +:

    –:

    0:

    22

    2

    5

    Members present for the final vote

    Georgios Aftias, Gilles Boyer, Caterina Chinnici, Tamás Deutsch, Dick Erixon, Daniel Freund, Gerben-Jan Gerbrandy, Niclas Herbst, Monika Hohlmeier, Virginie Joron, Kinga Kollár, Giuseppe Lupo, Marit Maij, Claudiu Manda, Csaba Molnár, Fidias Panayiotou, Jacek Protas, Julien Sanchez, Jonas Sjöstedt, Carla Tavares, Tomáš Zdechovský

    Substitutes present for the final vote

    Maria Grapini, Erik Marquardt, Bert-Jan Ruissen, Vlad Vasile-Voiculescu, Annamária Vicsek

    Members under Rule 216(7) present for the final vote

    Andrzej Halicki, Valentina Palmisano, Georgiana Teodorescu

     

     

    MIL OSI Europe News

  • MIL-OSI Europe: REPORT on the proposal for a decision of the European Parliament and of the Council on providing macro-financial assistance to the Hashemite Kingdom of Jordan – A10-0038/2025

    Source: European Parliament

    DRAFT EUROPEAN PARLIAMENT LEGISLATIVE RESOLUTION

    on the proposal for a decision of the European Parliament and of the Council on providing macro-financial assistance to the Hashemite Kingdom of Jordan

    (COM(2024)0159 – C9‑0146/2024 – 2024/0086(COD))

    (Ordinary legislative procedure: first reading)

    The European Parliament,

     having regard to the Commission proposal to Parliament and the Council (COM(2024)0159),

     having regard to Article 294(2) and Article 212 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C9‑0146/2024),

     having regard to Article 294(3) of the Treaty on the Functioning of the European Union,

     having regard to Rule 60 of its Rules of Procedure,

     having regard to the budgetary assessment by the Committee on Budgets,

     having regard to the opinion of the Committee on Foreign Affairs,

     having regard to the report of the Committee on International Trade (A10-0038/2025),

    1. Adopts its position at first reading, taking over the Commission proposal;

    2. Calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal;

    3. Instructs its President to forward its position to the Council, the Commission and the national parliaments.

     

     

    EXPLANATORY STATEMENT

    In an increasingly challenging global economic context, Jordan faces persistent structural challenges compounded by significant external shocks. While the country has maintained moderate growth of around 2% in recent years, this level remains insufficient to address fundamental economic needs: reducing high unemployment (22.9% in 2022) and alleviating a substantial public debt burden (88.7% of GDP in 2023).

    These domestic challenges are further exacerbated by heightened regional tensions, including the war between Israel and Gaza and ongoing instability in Syria, which are disrupting trade, straining public resources and jeopardizing key sectors such as tourism. Therefore, Jordan is facing a series of unfavorable factors with economic, political, social and demographic consequences, and must receive appropriate and rapid support as a reliable and stable partner of the EU. Moreover, the migratory pressure is very high in the Kingdom with 1.3 million refugees from Syria out of total of 3.8 million of refugees. It means 1/3 of the Kingdom population are refugees.

    To support Jordan’s economic stability and cover the country’s residual financing needs over the operation’s availability period, the Commission proposes a macro-financial assistance (MFA) operation of up to €500 million in loans, despite the Jordan’s request for €700 million.

    This assistance is designed to address pressing economic challenges, including high public debt, a structurally elevated budget deficit (5.1% of GDP in 2023), and a persistent external deficits (average of around 6.5% of GDP over the last five years). It also aims to mitigate the fiscal constraints exacerbated by recent crises, such as the COVID-19 pandemic and regional instability.

    The political and economic conditions necessary for granting the proposed MFA are fulfilled, as confirmed by the Commission’s evaluation of Jordan’s current situation. The loan will be provided under the External Action Guarantee with a provisioning at a rate of 9%, which will be programmed under the NDICI-GE, for a total amount of EUR 45 million. To ensure risk coverage, the EU will provision 9% of the total amount, or €45 million, under the External Action Guarantee.

    The MFA will have a validity period of two and a half years following the entry into force of the Memorandum of Understanding (MoU). The disbursement of funds will occur in three tranches, contingent upon the full and timely implementation of the agreed-upon economic policies outlined in the MoU. These policies include ambitious reforms in key areas such as public governance, fiscal management, and anti-corruption efforts, ensuring that the assistance supports Jordan’s long-term economic resilience.

    This assistance complements the ongoing IMF program approved in January 2024, which provides $1.2 billion over four years, and aligns with support from other international partners, including substantial U.S. grants. It also builds on Jordan’s track record with macro-financial assistance, being the fourth MFA operation since 2014, totaling €1.08 billion to date. These successive programs underscore the EU’s ongoing commitment to strengthening Jordan’s institutional capacity and promoting economic stability.

    By addressing Jordan’s immediate financing needs and supporting reforms in key areas, the MFA reinforces the country’s economic resilience while contributing to regional stability. Subordinated to clear economic policy conditions, this assistance ensures accountability and progress. The full and timely implementation of these policies will remain a prerequisite for the disbursement of each tranche, ensuring that Jordan continues to meet its reform commitments.

    Jordan is a key partner in the region, able to engage in dialogue with the various geopolitical players in the Middle East. It is important to give Jordan due consideration and not to take its support for granted. It is therefore important to build a global and strategic partnership with Jordan, alongside and in addition to this MFA, in order to quickly lay the foundations for tomorrow’s collaboration.

     

     

    ANNEX: ENTITIES OR PERSONS FROM WHOM THE RAPPORTEUR HAS RECEIVED INPUT

    Pursuant to Article 8 of Annex I to the Rules of Procedure, the rapporteur declares that she received input from the following entities or persons in the preparation of the report, prior to the adoption thereof in committee:

    Entity and/or person

    European Commission – DG ECFIN

    European Commission – DG NEAR

    EEAS

    Embassy of the Hashemite Kingdom of Jordan

    The list above is drawn up under the exclusive responsibility of the rapporteur.

    Where natural persons are identified in the list by their name, by their function or by both, the rapporteur declares that she has submitted to the concerned natural persons the European Parliament’s Data Protection Notice No 484 (https://www.europarl.europa.eu/data-protect/index.do), which sets out the conditions applicable to the processing of their personal data and the rights linked to that processing.

     

    BUDGETARY ASSESSMENT OF THE COMMITTEE ON BUDGETS (4.2.2025)

    for the Committee on International Trade

    on the proposal for a decision of the European Parliament and of the Council on providing macro-financial assistance to the Hashemite Kingdom of Jordan

    (COM(2024)0159 – C9‑0146/2024 – 2024/0086(COD))

    Rapporteur for budgetary assessment: Johan Van Overtveldt 

    The Committee on Budgets has carried out a budgetary assessment of the proposal under Rule 58 of the Rules of Procedure and has reached the following conclusions:

    A. whereas Jordan continues to face significant external financing needs and economic challenges, with a current account deficit of 7.1 % of gross domestic product (GDP) in the first half of 2023, driven by persistent deficits in trade in goods; whereas Jordan’s public debt burden remains high at 88.7 % of GDP in 2023, raising concerns about long-term fiscal sustainability;

    B. whereas Jordan’s narrow revenue base, with domestic tax revenue at only 16 % of GDP, raises concerns about long-term fiscal sustainability and capacity to service external debts;

    C. whereas the policy measures associated with macro-financial assistance (MFA) cover selected provisions related to the Association Agreement and the EU-Jordan Partnership Priorities 2021-2027;

    D. whereas significant structural challenges hinder economic growth, with deficiencies in the business environment, access to finance, labour market flexibility and public administration; whereas unemployment remains high, especially among women, youth and university graduates, with women’s labour force participation at just 14 % in 2023, among the lowest globally; whereas the EU-Jordan Partnership Priorities 2021-2027 aim to address these issues by fostering decent work, innovation, skills development and comprehensive social protection systems;

    E. whereas the EU-Jordan Partnership Priorities 2021-2027 highlight cooperation in inter-religious and intercultural dialogue and the protection of cultural heritage as drivers of peace and sustainable development; whereas these efforts can include safeguarding historical manuscripts and archives, contributing to inclusive dialogue and mutual understanding;

    F. whereas Jordan’s economy has suffered significantly from protracted conflicts and crises in the region, notably in neighbouring Syria, and most recently in Israel/Gaza and the Red Sea; whereas these pose further risks to Jordan’s economic outlook, particularly affecting tourism and trade, with disruptions to exports and vessel traffic;

    G. whereas the severe deterioration of external accounts and Jordan’s strategic importance for regional stability justify this support package;

    H. whereas the conflicts in Gaza and the wider region have been exacerbating socioeconomic challenges in Jordan given its geographical position;

    1. Notes that the Commission proposal of EUR 500 million in MFA requires EUR 45 million in provisioning under the External Action Guarantee from the Neighbourhood, Development and International Cooperation Instrument – Global Europe; points out that the evolving financial and economic realities in Jordan might require a revision of the proposed amount of MFA, consequently having an effect on provisioning;

    2. Notes that the assistance will be disbursed in three instalments between 2024 and 2027, with release strictly linked to the progress of the implementation of both the International Monetary Fund programme and additional policy measures;

    3. Recalls that this represents the fourth MFA operation for Jordan since 2014, bringing total MFA support to EUR 1.58 billion, demonstrating the EU’s sustained commitment to supporting Jordan’s economic stability;

    4. Acknowledges that the loan structure includes a grace period and spreads repayments over a long period, creating extended contingent liabilities for the EU budget that require monitoring over multiple financial frameworks;

    5. Acknowledges that the International Monetary Fund assessed Jordan’s public debt level as sustainable in its report of January 2024, while noting that debt sustainability risks remain significant;

    6. Recalls that previous MFA operations for Jordan have demonstrated positive track records in terms of repayment;

    7. Emphasises that the MFA underpins Jordan’s continued commitment to values shared with the Union, including democracy, rule of law, good governance and respect for human rights; highlights that these commitments are key to ensuring effective reforms and long-term stability; stresses that a precondition for granting the Union’s macro-financial assistance is that Jordan respects effective democratic mechanisms – including a multi-party parliamentary system – and guarantees respect for human rights;

    8. Stresses the importance of the regular verification of Jordan’s compliance with the preconditions, ongoing conditionality and objectives to protect the EU’s financial interests and ensure the implementation of the MFA in accordance with the regulation;

    9. Calls for proper monitoring and regular reporting to Parliament and the Council on developments relating to the assistance as well as the continuous monitoring of conditions and objectives;

    10. Recalls that while MFA is meant to be an exceptional crisis response instrument, its increasing use to address structural economic challenges in partner countries risks diluting its emergency nature;

    11. Concludes that the proposal for a decision on providing macro-financial assistance to Jordan is compatible with the EU’s budgetary framework and financial rules.

     

     

    ANNEX: ENTITIES OR PERSONS
    FROM WHOM THE RAPPORTEUR FOR BUDGETARY ASSESSMENT HAS RECEIVED INPUT

    The Chair in his capacity as rapporteur for budgetary assessment declares under his exclusive responsibility that he did not receive input from any entity or person to be mentioned in this Annex pursuant to Article 8 of Annex I to the Rules of Procedure.

     

    PROCEDURE – COMMITTEE ASKED FOR BUDGETARY ASSESSMENT

    Title

    Macro-financial assistance to the Hashemite Kingdom of Jordan

    References

    COM(2024)0159 – C9-0146/2024 – 2024/0086(COD)

    Committee(s) responsible

    INTA

     

     

     

     Date announced in plenary

    BUDG

    25.4.2024

    Rapporteur for budgetary assessment

     Date appointed

    Johan Van Overtveldt

    5.12.2024

    Discussed in committee

    16.1.2025

     

     

     

    Date adopted

    29.1.2025

     

     

     

    Result of final vote

    +:

    –:

    0:

    35

    2

    1

    Members present for the final vote

    Georgios Aftias, Rasmus Andresen, Isabel Benjumea Benjumea, Tobiasz Bocheński, Olivier Chastel, Tamás Deutsch, Angéline Furet, Jens Geier, Thomas Geisel, Jean-Marc Germain, Sandra Gómez López, Monika Hohlmeier, Alexander Jungbluth, Janusz Lewandowski, Giuseppe Lupo, Siegfried Mureşan, Matjaž Nemec, Danuše Nerudová, João Oliveira, Ruggero Razza, Karlo Ressler, Julien Sanchez, Hélder Sousa Silva, Joachim Streit, Carla Tavares, Nils Ušakovs, Lucia Yar, Auke Zijlstra

    Substitutes present for the final vote

    Damian Boeselager, Michalis Hadjipantela, Moritz Körner, Tiago Moreira de Sá, Rasmus Nordqvist, Michele Picaro, Jacek Protas, Beata Szydło

    Members under Rule 216(7) present for the final vote

    Thierry Mariani, Aodhán Ó Ríordáin

     

     

     

    FINAL VOTE BY ROLL CALL
    IN COMMITTEE ASKED FOR BUDGETARY ASSESSMENT

    35

    +

    ECR

    Tobiasz Bocheński, Michele Picaro, Ruggero Razza, Beata Szydło

    NI

    Thomas Geisel

    PPE

    Georgios Aftias, Isabel Benjumea Benjumea, Michalis Hadjipantela, Monika Hohlmeier, Janusz Lewandowski, Siegfried Mureşan, Danuše Nerudová, Jacek Protas, Karlo Ressler, Hélder Sousa Silva

    PfE

    Tamás Deutsch, Angéline Furet, Thierry Mariani, Tiago Moreira de Sá, Julien Sanchez

    Renew

    Olivier Chastel, Moritz Körner, Joachim Streit, Lucia Yar

    S&D

    Jens Geier, Jean-Marc Germain, Sandra Gómez López, Giuseppe Lupo, Matjaž Nemec, Aodhán Ó Ríordáin, Carla Tavares, Nils Ušakovs

    Verts/ALE

    Rasmus Andresen, Damian Boeselager, Rasmus Nordqvist

     

    2

    PfE

    Auke Zijlstra

    The Left

    João Oliveira

     

    1

    0

    ESN

    Alexander Jungbluth

     

    Key to symbols:

    + : in favour

     : against

    0 : abstention

    OPINION OF THE COMMITTEE ON FOREIGN AFFAIRS (31.1.2025)

    for the Committee on International Trade

    on the proposal for a decision of the European Parliament and of the Council on providing macro-financial assistance to the Hashemite Kingdom of Jordan

    (COM(2024)0159 – C9‑0146/2024 – 2024/0086(COD))

    Rapporteur for opinion: Malik Azmani

     

     

    AMENDMENTS

    The Committee on Foreign Affairs submits the following to the Committee on International Trade, as the committee responsible:

    Amendment  1

    Proposal for a decision

    Recital 2

     

    Text proposed by the Commission

    Amendment

    (2) Since 2011, Jordan has embarked on a number of political reforms to strengthen parliamentary democracy and the rule of law. A Constitutional Court and an Independent Electoral Commission have been set up and a number of major laws, including the Electoral Act and the Political Parties Act as well as laws on decentralisation and municipalities, have been passed by the Jordanian Parliament. Legislative improvements as regards the independence of the judiciary and women’s rights have been adopted.

    (2) Since 2021, Jordan has embarked on a number of political reforms to strengthen parliamentary democracy and the rule of law. A Constitutional Court and an Independent Electoral Commission have been set up and a number of major laws, including the Electoral Act and the Political Parties Act as well as laws on decentralisation and municipalities, have been passed by the Jordanian Parliament. Legislative improvements as regards the independence of the judiciary and women’s rights have been adopted. The European Election Observation Mission in Jordan took note of the inclusive and well-organised parliamentary elections that took place on 10 September 2024 in the context of the political modernisation initiated by the King in 2021. It is crucial that the Union continues to support peace in Jordan and does everything within its power to preserve the unique Jordanian model of ethnic and religious representation in order to ensure legitimate representation of those groups.

    Amendment  2

     

    Proposal for a decision

    Recital 3

     

    Text proposed by the Commission

    Amendment

    (3) The Jordanian economy has suffered significantly from protracted conflicts in the region, notably in neighbouring Syria, and most recently in Israel/Gaza and the Red Sea. Since the start of the war in Syria, the Jordanian economy has been impacted by a large inflow of Syrian refugees, which has increased pressure on its fiscal position, public services and infrastructure. In addition to regional instability, the macroeconomic and fiscal challenges related to the COVID-19 pandemic in 2020/2021, commodity price developments following Russia’s invasion of Ukraine in 2022, high exposure to trade fluctuations and the increase of borrowing costs for emerging markets globally continued to weigh on the Jordanian economy. As a result, Jordan experienced an economic contraction in 2020, followed by a slow economic recovery, as unemployment increased significantly in 2020 and remained high, and new fiscal and external financing needs emerged.

    (3) The Jordanian economy has suffered significantly from protracted conflicts in the region, notably in neighbouring Syria, and most recently in Israel/Gaza and the Red Sea. Since the start of the war in Syria, the Jordanian economy has been impacted by a large inflow of Syrian refugees, which has increased pressure on its fiscal position, public services and infrastructure. The current uncertainty in Syria further exacerbates the already highly detrimental instability for Jordan. Jordan hosts around 1,3 million refugees, making it one of the countries with the highest number of refugee populations per capita. In addition to regional instability, the macroeconomic and fiscal challenges related to the COVID-19 pandemic in 2020/2021, commodity price developments following Russia’s invasion of Ukraine in 2022, high exposure to trade fluctuations and the increase of borrowing costs for emerging markets globally continued to weigh on the Jordanian economy. As a result, Jordan experienced an economic contraction in 2020, followed by a slow economic recovery, as unemployment increased significantly in 2020 and remained high, and new fiscal and external financing needs emerged. Moreover, significant structural issues hinder economic growth, particularly in the area of private sector development. Challenges such as an unfavourable business environment and inflexibility in the labour market remain unresolved.

    Amendment  3

     

    Proposal for a decision

    Recital 4 a (new)

     

    Text proposed by the Commission

    Amendment

     

    (4a) The Union recognises Jordan’s pivotal role in promoting regional stability and mediating conflicts, particularly amidst heightened tensions. The proposed macro-financial assistance aims to support Jordan in maintaining its positive role in the region. In that context, and in recognition of Jordan being one of the Union’s strongest regional partners, it is imperative for the Commission and the European External Action Service (EEAS) to further deepen and strengthen the EU-Jordan partnership, thereby advancing cooperation.

    Amendment  4

     

    Proposal for a decision

    Recital 21

     

    Text proposed by the Commission

    Amendment

    (21) A pre-condition for granting the Union’s macro-financial assistance should be that Jordan respects effective democratic mechanisms – including a multi-party parliamentary system – and the rule of law, and guarantees respect for human rights. In addition, the specific objectives of the Union’s macro-financial assistance should strengthen the efficiency, transparency and accountability of the public finance management systems in Jordan and promote structural reforms aimed at supporting sustainable and inclusive growth, employment creation and fiscal consolidation. Both the fulfilment of the pre-conditions and the achievement of those objectives should be regularly monitored by the Commission and the EEAS.

    (21) A pre-condition for granting the Union’s macro-financial assistance should be that Jordan respects effective democratic mechanisms – including a multi-party parliamentary system – and the rule of law, and guarantees respect for human rights. In addition, the specific objectives of the Union’s macro-financial assistance should strengthen the efficiency, transparency and accountability of the public finance management systems in Jordan and promote structural reforms aimed at supporting sustainable and inclusive growth, employment creation, and fiscal consolidation and policies. Both the fulfilment of the pre-conditions and the achievement of those objectives should be regularly monitored by the Commission and the EEAS, which should subsequently be reported to the European Parliament. The Union should encourage Jordan’s efforts toward economic diversification and sustainability, particularly in sectors such as renewable energy, technology  and digital services, in order to reduce its reliance on tourism and chemical exports and to enhance long-term resilience.

    Amendment  5

     

    Proposal for a decision

    Recital 27

     

    Text proposed by the Commission

    Amendment

    (27) The Union’s macro-financial assistance should be subject to economic policy conditions, to be laid down in a Memorandum of Understanding. In order to ensure uniform conditions of implementation and for reasons of efficiency, the Commission should be empowered to negotiate such conditions with the Jordanian authorities under the supervision of the committee of representatives of the Member States in accordance with Regulation (EU) No 182/2011. Under that Regulation, the advisory procedure should, as a general rule, apply in all cases other than as provided for in that Regulation. Considering the potentially important impact of assistance of more than EUR 90 million, it is appropriate that the examination procedure be used for operations above that threshold. Considering the amount of the Union’s macro-financial assistance to Jordan, the examination procedure should apply to the adoption of the Memorandum of Understanding, and to any reduction, suspension or cancellation of the assistance.

    (27) The Union’s macro-financial assistance should be subject to clear and measurable economic, as well as democracy, rule of law and human rights policy conditions, to be laid down in a Memorandum of Understanding. In order to ensure uniform conditions of implementation and for reasons of efficiency, the Commission should be empowered to negotiate such conditions with the Jordanian authorities under the supervision of the committee of representatives of the Member States in accordance with Regulation (EU) No 182/2011. Under that Regulation, the advisory procedure should, as a general rule, apply in all cases other than as provided for in that Regulation. Considering the potentially important impact of assistance of more than EUR 90 million, it is appropriate that the examination procedure be used for operations above that threshold. Considering the amount of the Union’s macro-financial assistance to Jordan, the examination procedure should apply to the adoption of the Memorandum of Understanding, including clear and measurable benchmarks to evaluate the implementation of each instalment, and to any reduction, suspension or cancellation of the assistance.

    Amendment  6

     

    Proposal for a decision

    Article 2 – paragraph 2

     

    Text proposed by the Commission

    Amendment

    2. The Commission and the European External Action Service shall monitor the fulfilment of this pre-condition throughout the life cycle of the Union’s macro-financial assistance..

    2. The Commission and the European External Action Service shall monitor the fulfilment of this pre-condition throughout the life cycle of the Union’s macro-financial assistance in a transparent process in which independent third parties are able to contribute meaningfully. The Commission and the EEAS shall also report, both regularly and in writing, to the European Parliament and to the Council on the fulfilment of the pre-condition referred to in paragraph 1.

    Amendment  7

     

    Proposal for a decision

    Article 3 – paragraph 2

     

    Text proposed by the Commission

    Amendment

    2. The conditions referred to in paragraph 1 shall aim, in particular, at enhancing the efficiency, transparency and accountability of the public finance management systems in Jordan, including for the use of the Union’s macro-financial assistance. Progress in mutual market opening, the development of rules-based and fair trade, and other priorities in the context of the Union’s external policy shall also be duly taken into account when designing the policy measures. Progress in attaining those objectives shall be regularly monitored by the Commission.

    2. The conditions referred to in paragraph 1 shall aim, in particular, at enhancing the efficiency, transparency and accountability of the public finance management systems in Jordan, including for the use of the Union’s macro-financial assistance. This shall include the publication of regular and detailed reports by the Jordanian government on the use of funds, specifying allocations for key sectors such as healthcare, education, and infrastructure, ensuring public access to such information. Progress in public services, mutual market opening, the development of rules-based and fair trade, and other priorities in the context of the Union’s external policy, including those related to democracy, rule of law and human rights, shall also be duly taken into account when designing the policy measures. Progress in attaining those objectives shall be regularly monitored by the Commission and the EEAS, and shall be communicated to the European Parliament.

    Amendment  8

    Proposal for a decision

    Article 4 – paragraph 4

     

    Text proposed by the Commission

    Amendment

    4. Where the conditions referred to in the first subparagraph of paragraph 3 are not met, the Commission shall temporarily suspend or cancel the disbursement of the Union’s macro-financial assistance. In such cases, it shall inform the European Parliament and the Council of the reasons for the suspension or cancellation.

    4. Where the conditions referred to in the first subparagraph of paragraph 3 are not met, the Commission shall temporarily suspend or cancel the disbursement of the Union’s macro-financial assistance. In such cases, it shall inform the European Parliament and the Council of the reasons for the suspension or cancellation and of the subsequent steps.

     

     

    ANNEX: ENTITIES OR PERSONS
    FROM WHOM THE RAPPORTEUR FOR THE OPINION HAS RECEIVED INPUT

    Pursuant to Article 8 of Annex I to the Rules of Procedure, the rapporteur for the opinion received input from the following entities or persons in the preparation of the opinion:

    Entity and/or person

     

    European Commission – DG ECFIN

    The Court of Auditors

    The Ambassador of Jordan to the EU

    Member of the Royal committee to Modernize the Political System in Jordan

    The list above is drawn up under the exclusive responsibility of the rapporteur for the opinion.

    Where natural persons are identified in the list by their name, by their function or by both, the rapporteur for the opinion declares that he has submitted to the concerned natural persons the European Parliament’s Data Protection Notice No 484 (https://www.europarl.europa.eu/data-protect/index.do), which sets out the conditions applicable to the processing of their personal data and the rights linked to that processing.

     

    PROCEDURE – COMMITTEE ASKED FOR OPINION

    Title

    Macro-financial assistance to the Hashemite Kingdom of Jordan

    References

    COM(2024)0159 – C9-0146/2024 – 2024/0086(COD)

    Committee(s) responsible

    INTA

     

     

     

    Opinion by

     Date announced in plenary

    AFET

    25.4.2024

    Rapporteur for the opinion

     Date appointed

    Malik Azmani

    14.10.2024

    Date adopted

    30.1.2025

     

     

     

    Result of final vote

    +:

    –:

    0:

    54

    11

    6

    Members present for the final vote

    Mika Aaltola, Lucia Annunziata, Petras Auštrevičius, Jordan Bardella, Dan Barna, Wouter Beke, Robert Biedroń, Ioan-Rareş Bogdan, Marc Botenga, Grzegorz Braun, Sebastião Bugalho, Danilo Della Valle, Özlem Demirel, Elio Di Rupo, Michael Gahler, Geadis Geadi, Giorgos Georgiou, Raphaël Glucksmann, Bernard Guetta, Rima Hassan, Rasa Juknevičienė, Sandra Kalniete, Łukasz Kohut, Rihards Kols, Andrey Kovatchev, Vilis Krištopans, Nathalie Loiseau, Claudiu Manda, David McAllister, Sven Mikser, Francisco José Millán Mon, Arkadiusz Mularczyk, Leoluca Orlando, Kostas Papadakis, Tonino Picula, Nacho Sánchez Amor, Andreas Schieder, Alexander Sell, Villy Søvndal, Davor Ivo Stier, Sebastiaan Stöteler, Stanislav Stoyanov, Marie-Agnes Strack-Zimmermann, Michał Szczerba, António Tânger Corrêa, Marta Temido, Cristian Terheş, Riho Terras, Hermann Tertsch, Pierre-Romain Thionnet, Sebastian Tynkkynen, Reinier Van Lanschot, Roberto Vannacci, Hilde Vautmans, Harald Vilimsky, Željana Zovko

    Substitutes present for the final vote

    Malik Azmani, Engin Eroglu, Sandra Gómez López, Evin Incir, András László, Ana Catarina Mendes, Hans Neuhoff, Nicolás Pascual de la Parte, Tineke Strik, Ingeborg Ter Laak, Matej Tonin, Ivaylo Valchev, Isabel Wiseler-Lima, Milan Zver

    Members under Rule 216(7) present for the final vote

    Catarina Vieira

     

    FINAL VOTE BY ROLL CALL IN COMMITTEE ASKED FOR OPINION

    54

    +

    ECR

    Geadis Geadi, Rihards Kols, Arkadiusz Mularczyk, Cristian Terheş, Ivaylo Valchev

    PPE

    Mika Aaltola, Wouter Beke, Ioan-Rareş Bogdan, Sebastião Bugalho, Michael Gahler, Rasa Juknevičienė, Sandra Kalniete, Łukasz Kohut, Andrey Kovatchev, David McAllister, Francisco José Millán Mon, Nicolás Pascual de la Parte, Davor Ivo Stier, Michał Szczerba, Ingeborg Ter Laak, Riho Terras, Matej Tonin, Isabel Wiseler-Lima, Željana Zovko, Milan Zver

    PfE

    András László

    Renew

    Petras Auštrevičius, Malik Azmani, Dan Barna, Engin Eroglu, Bernard Guetta, Nathalie Loiseau, Marie-Agnes Strack-Zimmermann, Hilde Vautmans

    S&D

    Lucia Annunziata, Robert Biedroń, Elio Di Rupo, Raphaël Glucksmann, Sandra Gómez López, Evin Incir, Claudiu Manda, Ana Catarina Mendes, Sven Mikser, Tonino Picula, Nacho Sánchez Amor, Andreas Schieder, Marta Temido

    The Left

    Özlem Demirel, Rima Hassan

    Verts/ALE

    Leoluca Orlando, Villy Søvndal, Tineke Strik, Reinier Van Lanschot, Catarina Vieira

     

    11

    ECR

    Sebastian Tynkkynen

    NI

    Grzegorz Braun, Kostas Papadakis

    PfE

    Jordan Bardella, Vilis Krištopans, Sebastiaan Stöteler, António Tânger Corrêa, Hermann Tertsch, Pierre-Romain Thionnet, Roberto Vannacci, Harald Vilimsky

     

    6

    0

    ESN

    Hans Neuhoff, Alexander Sell, Stanislav Stoyanov

    The Left

    Marc Botenga, Danilo Della Valle, Giorgos Georgiou

     

    Key to symbols:

    + : in favour

     : against

    0 : abstention

     

     

     

     

    PROCEDURE – COMMITTEE RESPONSIBLE

    Title

    Macro-financial assistance to the Hashemite Kingdom of Jordan

    References

    COM(2024)0159 – C9-0146/2024 – 2024/0086(COD)

    Date submitted to Parliament

    8.4.2024

     

     

     

    Committee(s) responsible

    INTA

     

     

     

    Committees asked for opinions

     Date announced in plenary

    AFET

    25.4.2024

     

     

     

    Rapporteurs

     Date appointed

    Céline Imart

    30.9.2024

     

     

     

    Discussed in committee

    14.10.2024

    30.1.2025

     

     

    Date adopted

    20.3.2025

     

     

     

     

    BUDG

    29.1.2025

     

     

     

    Result of final vote

    +:

    –:

    0:

    35

    2

    3

    Members present for the final vote

    Christophe Bay, Brando Benifei, Anna Bryłka, Udo Bullmann, Benoit Cassart, Markéta Gregorová, Bart Groothuis, Céline Imart, Karin Karlsbro, Bernd Lange, Ilia Lazarov, Thierry Mariani, Javier Moreno Sánchez, Ştefan Muşoiu, Daniele Polato, Majdouline Sbai, Lukas Sieper, Dominik Tarczyński, Francesco Torselli, Kathleen Van Brempt, Jörgen Warborn, Iuliu Winkler, Bogdan Andrzej Zdrojewski, Juan Ignacio Zoido Álvarez

    Substitutes present for the final vote

    Mika Aaltola, Nicolas Bay, Markus Buchheit, João Cotrim De Figueiredo, Danilo Della Valle, Borja Giménez Larraz, Vicent Marzà Ibáñez, Marina Mesure, Martin Schirdewan, Kris Van Dijck

    Members under Rule 216(7) present for the final vote

    Hildegard Bentele, Mélanie Disdier, Niels Geuking, Chloé Ridel, Romana Tomc, Matthieu Valet

    Date tabled

    24.3.2025

     

    FINAL VOTE BY ROLL CALL BY THE COMMITTEE RESPONSIBLE

    35

    +

    ECR

    Daniele Polato, Dominik Tarczyński, Francesco Torselli, Kris Van Dijck

    NI

    Lukas Sieper

    PPE

    Mika Aaltola, Hildegard Bentele, Niels Geuking, Borja Giménez Larraz, Céline Imart, Ilia Lazarov, Romana Tomc, Jörgen Warborn, Iuliu Winkler, Bogdan Andrzej Zdrojewski, Juan Ignacio Zoido Álvarez

    PfE

    Christophe Bay, Anna Bryłka, Mélanie Disdier, Thierry Mariani, Matthieu Valet

    Renew

    Benoit Cassart, João Cotrim De Figueiredo, Bart Groothuis, Karin Karlsbro

    S&D

    Brando Benifei, Udo Bullmann, Bernd Lange, Javier Moreno Sánchez, Ştefan Muşoiu, Chloé Ridel, Kathleen Van Brempt

    Verts/ALE

    Markéta Gregorová, Vicent Marzà Ibáñez, Majdouline Sbai

     

    2

    ECR

    Nicolas Bay

    ESN

    Markus Buchheit

     

    3

    0

    The Left

    Danilo Della Valle, Marina Mesure, Martin Schirdewan

     

    Key to symbols:

    + : in favour

     : against

    0 : abstention

     

     

    MIL OSI Europe News

  • MIL-OSI NGOs: MSF condemns Israeli strike on Nasser hospital in Gaza, calls for protection of health facilities

    Source: Médecins Sans Frontières –

    JERUSALEM  – Médecins Sans Frontières (MSF) strongly condemns Israel’s strike on Nasser Hospital in Khan Younis, southern Gaza—the largest remaining functioning hospital in the Gaza Strip, where MSF teams work. 

    On 23 March, Israeli forces targeted the hospital’s inpatient surgical department, killing two people, according to the Ministry of Health.  MSF teams confirmed there were several people injured, one of which was admitted to our trauma unit, and that severe damage was done to the building. This attack, shows a total disregard for the protection of medical facilities, endangered patients and medical staff and the very provision of healthcare. As Israeli forces escalate their operations in Gaza once again, MSF calls for the respect and protection of healthcare facilities, patients and medical staff in Gaza, where the health system has been all but destroyed. 

    “Strikes such as these are horrific for staff and patients” says Claire Nicolet, MSF head of emergencies in Gaza. “We cannot go back to repeated attacks on health care facilities when the health system in Gaza is already hanging by a thread, and no supplies have entered in weeks.”
    While Gaza’s healthcare system has collapsed, and the medical needs of people continue to skyrocket, medical workers are yet again forced to fear for their lives while providing care. At Nasser hospital, two MSF colleagues, who were working in different hospital departments, described panic among patients at the time of the attack.
     

    ” The distance between us and the explosion was so close that we could’ve been hit too,” explains an MSF nurse who works in another ward in Nasser hospital and was close by when the strike happened. “Our colleagues, medical staff, patients and their caretakers were all terrified.” 
    During Israel’s war on Gaza, MSF has witnessed relentless attacks on health facilities, a complete disregard for patients, medical workers and International Humanitarian Law (IHL), resulting in the systematic dismantling of Gaza’s health system.  Not a single hospital in the Gaza Strip is currently fully functional, and only 21 out of the enclave’s 36 hospitals are partially functioning, according to the World Health Organization (WHO).

    As one of the last main hospitals in southern Gaza, Nasser hospital is providing care for people with severe burns and trauma injuries, newborns, and pregnant women. 
    Since returning in mid-May 2024, MSF teams have been supporting the emergency, pediatric, and maternity departments at Nasser hospital, as well as running a burn and trauma unit. In February 2024, MSF teams were forced to flee after the hospital was shelled by Israeli forces.
    Furthermore, Nasser Hospital as other health facilities in Gaza is facing several challenges of supplies, including hygiene items, medication and surgical items, while Israeli authorities continue their siege on the Strip for over 20 days. Due to the numerous influxes of patients from recent bombings, MSF stocks are decreasing faster than expected, and the blockade is making it impossible for our teams to restock vital items such as antibiotics, painkillers and anesthetics.
    In a separate incident on May 24, MSF teams in Al-Mawasi primary health care clinic were forced to close the emergency room, evacuate the facility and suspend activities for the day due to close-by shootings and shelling. Healthcare facilities, patients and medical staff must be protected.

    MSF calls once again for the immediate restoration of the ceasefire and for the resumption of the entry of essential aid and basic supplies, which people in Gaza desperately need. 

    MIL OSI NGO

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    Source: Government of India (2)

    Competition Commission of India (CCI) investigated 35 cartel cases in last five years

    CCI has Signed MoUs with Global Regulators for Competition Law Cooperation

    Competition Act 2023 Introduced ‘Lesser Penalty Plus’ for Cartel Disclosures

    Posted On: 24 MAR 2025 6:15PM by PIB Delhi

    The Competition Commission of India (CCI) investigated a total of 35 cartel cases across various sectors over the last five financial years (till 13.03.2025).

    CCI has signed Bilateral/Multilateral Memorandum of Understanding (MoU) with Egypt, Mauritius, Japan, Brazil, BRICS (Brazil, the Russian Federation, People’s Republic of China and the Republic of South Africa), Canada, European Commission, Australia and United States Department of Justice (DOJ) for cooperation in the field of competition law and policy. These MOUs include provision for enforcement cooperation between CCI and its MoU partners, subject to their respective legal framework, constraints, enforcement interests and available resources.

    In addition, India has signed 14 Free Trade Agreements (FTAs) with its trading partners. Some of these FTAs have a separate Chapter on Competition, according to which each Party shall, in accordance with its laws and regulations, take measures which it considers appropriate against anticompetitive activities, in order to facilitate trade and investment flows between the Parties and the efficient functioning of its market.

    The Commission has a Division for trend analysis and conducting research in various sectors of the economy to have a holistic view and to detect any anti-competitive activities. The Competition (Amendment) Act, 2023 introduced the concept of “lesser penalty plus” within the framework of Section 46 of the Act. Consequently, on 20.02.2024, the CCI (Lesser Penalty) Regulations, 2024 were notified, replacing the 2009 regulations and introducing a “lesser penalty plus”(LPP) mechanism to incentivize disclosures of cartels. The LPP mechanism was introduced to incentivize an existing lesser penalty applicant in respect of a cartel to give full, true, and vital disclosures about another cartel, hitherto not in the knowledge of the CCI.

    To further widen the scope of cartel investigation, Hub & Spoke mechanism has been incorporated by introducing the Proviso in Section 3(3) of the Competition Act, 2002 through the Amendment Act 2023 which provides that an enterprise or association of enterprises or a person or association of persons though not engaged in identical or similar trade shall also be presumed to be part of the agreement under this sub-section if it participates or intends to participate in the furtherance of such agreement. 

    CCI, through its enforcement and advocacy mandate, seeks to promote and sustain competition in the markets by conducting market studies and advocacy events, imparting training about competition issues besides carrying out market corrections to eliminate distortions. The CCI conducted 1446 advocacy programmes during the last five financial years (till 19.03.2025).

    This information was given by Minister of Finance and Corporate Affairs, Shri Nirmala Sitharaman, in  reply to a question in the Lok Sabha today.

    *****

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    MIL OSI Asia Pacific News

  • MIL-OSI United Nations: Local staff ‘particularly vulnerable’ to detention, as UN calls for their release

    Source: United Nations MIL OSI

    Peace and Security

    Staff members of the United Nations around the world who are recruited locally are “particularly vulnerable” to detention and should be released and allowed to go home according to the UN Secretary-General, António Guterres.

    In the last year alone 101 UN staff members were arrested or detained globally of whom at least 52 UN personnel remain in detention.

    The UN has a presence on the ground in some of the world’s most dangerous and unstable locations including Gaza, Sudan, Yemen, Haiti and the Democratic Republic of the Congo.

    In a statement ahead of the International Day of Solidarity with Detained and Missing Staff Members the UN chief said that UN staff often serve “at immense personal risk – facing threats of kidnap, violence, harassment, detention, and more.”

    Mr. Guterres urged governments to ensure the safety and security of UN staff and to seek justice for crimes committed against them.

    He called on all states to fulfill their obligations under international conventions related to the protection of UN personnel.

    Together, we must protect those who serve humanity and help build a better and safer world for all.”

    Held in Yemen

    The Arabian Peninsula state of Yemen is a particularly dangerous place to work for the United Nations.

    “In Yemen, 23 UN staff members, along with many other humanitarian workers, remain detained – some for more than three years,” the President of the United Nations General Assembly, Philémon Yang, said in his message to mark the international day.

    He said that “one UN aid worker from the World Food Programme has died while detained,” adding that those colleagues had “dedicated themselves to educating children, providing vital medical and food assistance to millions, and promoting peace and dialogue.

    Their work must be protected. I stand in full solidarity with all those detained. They must be released and protected.”

    The staff detained in Yemen are all national staff and, prior to their detention, worked with UN and other agencies including the UN human rights office (OHCHR), the UN Development Programme, UNICEF, UNESCO, the World Food Programme, and the NGOs, CARE, Save the Children, and Oxfam.

    The President of the General Assembly – which comprises all 193 UN member states – called for the immediate and unconditional release of all UN staff detained in Yemen and elsewhere.

    Solidarity and action

    The International Day of Solidarity with Detained and Missing Staff Members marks the anniversary of the abduction of Alec Collett, a former journalist working for the UN Palestine refugee agency, UNRWA, who was abducted by a gunman in 1985. His body was found in Lebanon’s Bekaa Valley in 2009.

    The aim of the international day is to mobilize action, demand justice and strengthen the resolve to protect UN staff and peacekeepers, as well as workers in the non-governmental community and the media.

    MIL OSI United Nations News

  • MIL-OSI Security: Eden Prairie Man Charged with Coercion, Enticement of a Minor, and Production of Child Sexual Abuse Material

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    MINNEAPOLIS – Michael Bruce Gillis, an Eden Prairie man, has been charged via federal criminal complaint with coercion and enticement of a minor and production of child pornography, announced Acting U.S. Attorney Lisa D. Kirkpatrick.

    According to the criminal complaint, on March 2, 2025, the Mounds View Police Department received a report of a missing 15-year-old male. In an effort to locate the missing juvenile, his family members reviewed his personal electronic devices and discovered recent chat communications between Minor Victim A and an individual identified as “Nick Miller.” In their chat thread, Minor Victim A specifically identified himself as being “young” and still in high school, to which “Nick Miller” responded that he “like[s] younger guys” and that he was “okay with it.” From there, the chat transitioned to Minor Victim A and “Nick Miller” exchanging sexually explicit messages and graphic photos. The pair then made plans to meet, but because Minor Victim A was too young to drive, “Nick Miller” ordered an Uber to pick him up and drive him to the meetup location.

    A few hours after the electronic communications between “Nick Miller” and Minor Victim A, law enforcement conducted a welfare check at the address “Nick Miller” had provided.  Law enforcement officers discovered Minor Victim A walking on foot a short distance from the indicated residence. Minor Victim A reported that “Nick Miller” had sexually assaulted him, and that he had escaped from the house after “Nick Miller” had fallen asleep. Law enforcement officers subsequently apprehended “Nick Miller” at the address he had provided, and positively identified him as Michael Bruce Gillis, 35. A subsequent records check revealed two other pending matters involving allegations of child exploitation, one in Hennepin County, Minnesota, and the other in Polk County, Florida.

    “As this case demonstrates, child predators are clear and present dangers to the children of Minnesota,” said Acting U.S. Attorney Lisa D. Kirkpatrick.  “We have federal tools at our disposal—including significant mandatory minimum sentences—that appropriately take predators like this off the street for decades.  As Acting U.S. Attorney, I have directed my office to continue to prioritize these abhorrent crimes—to send a strong deterrent message and to protect our community.”

    “The allegations in this case are horrific. His deliberate, predatory behavior led to the sexual assault of a child, causing significant harm and trauma” said Special Agent in Charge Alvin M. Winston Sr. of FBI Minneapolis. “The FBI and our law enforcement partners will use every resource available to ensure those who prey on the most vulnerable are brought to justice.”

    Gillis was charged by criminal complaint today in U.S. District Court with one count of coercion and enticement of a minor and one count of production of child pornography.  He is currently detained.  

    This case is the result of an investigation by the FBI, Eden Prairie Police Department, Mounds View Police Department, and the Bloomington Police Department.

    “I am glad we are working with our federal partners to get these child predators off the street,” said Bloomington Police Chief Booker Hodges. “I am confident this partnership will help keep our communities safe.”

    Assistant U.S. Attorney Jordan L. Sing is prosecuting the case.  

    A complaint is merely an allegation and the defendant is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI

  • MIL-Evening Report: Trump silences the Voice of America: end of a propaganda machine or void for China and Russia to fill?

    Source: The Conversation (Au and NZ) – By Valerie A. Cooper, Lecturer in Media and Communication, Te Herenga Waka — Victoria University of Wellington

    Getty Images

    Of all the contradictions and ironies of Donald Trump’s second presidency so far, perhaps the most surprising has been his shutting down the US Agency for Global Media (USAGM) for being “radical propaganda”.

    Critics have long accused the agency – and its affiliated outlets such as Voice of America, Radio Free Europe and Radio Free Asia – of being a propaganda arm of US foreign policy.

    But to the current president, the USAGM has become a promoter of anti-American ideas and agendas – including allegedly suppressing stories critical of Iran, sympathetically covering the issue of “white privilege” and bowing to pressure from China.

    Propaganda is clearly in the eye of the beholder. The Moscow Times reported Russian officials were elated by the demise of the “purely propagandistic” outlets, while China’s Global Times celebrated the closure of a “lie factory”.

    Meanwhile, the European Commission hailed USAGM outlets as a “beacon of truth, democracy and hope”. All of which might have left the average person understandably confused: Voice of America? Wasn’t that the US propaganda outlet from World War II?

    Well, yes. But the reality of USAGM and similar state-sponsored global media outlets is more complex – as are the implications of the US agency’s demise.

    Public service or state propaganda?

    The USAGM is one of several international public service media outlets based in western democracies. Others include Australia’s ABC International, the BBC World Service, CBC/Radio-Canada, France Médias Monde, NHK-World Japan, Deutsche Welle in Germany and SRG SSR in Switzerland.

    Part of the Public Media Alliance, they are similar to national public service media, largely funded by taxpayers to uphold democratic ideals of universal access to news and information.

    Unlike national public media, however, they might not be consumed – or even known – by domestic audiences. Rather, they typically provide news to countries without reliable independent media due to censorship or state-run media monopolies.

    The USAGM, for example, provides news in 63 languages to more than 100 countries. It has been credited with bringing attention to issues such as protests against COVID-19 lockdowns in China and women’s struggles for equal rights in Iran.

    On the other hand, the independence of USAGM outlets has been questioned often, particularly as they are required to share government-mandated editorials.

    Voice of America has been criticised for its focus on perceived ideological adversaries such as Russia and Iran. And my own research has found it perpetuates stereotypes and the neglect of African nations in its news coverage.

    Leaving a void

    Ultimately, these global media outlets wouldn’t exist if there weren’t benefits for the governments that fund them. Sharing stories and perspectives that support or promote certain values and policies is an effective form of “public diplomacy”.

    Yet these international media outlets differ from state-controlled media models because of editorial systems that protect them from government interference.

    The Voice of America’s “firewall”, for instance, “prohibits interference by any US government official in the objective, independent reporting of news”. Such protections allow journalists to report on their own governments more objectively.

    In contrast, outlets such as China Media Group (CMG), RT from Russia, and PressTV from Iran also reach a global audience in a range of languages. But they do this through direct government involvement. CMG subsidiary CCTV+, for example, states it is “committed to telling China’s story to the rest of the world”.

    Though RT states it is an autonomous media outlet, research has found the Russian government oversees hiring editors, imposing narrative angles, and rejecting stories.

    A Voice of America staffer protests outside the Washington DC offices on March 17 2025, after employees were placed on administrative leave.
    Getty Images

    Other voices get louder

    The biggest concern for western democracies is that these other state-run media outlets will fill the void the USAGM leaves behind – including in the Pacific.

    Russia, China and Iran are increasing funding for their state-run news outlets, with China having spent more than US$6.6 billion over 13 years on its global media outlets. China Media Group is already one of the largest media conglomerates in the world, providing news content to more than 130 countries in 44 languages.

    And China has already filled media gaps left by western democracies: after the ABC stopped broadcasting Radio Australia in the Pacific, China Radio International took over its frequencies.

    Worryingly, the differences between outlets such as Voice of America and more overtly state-run outlets aren’t immediately clear to audiences, as government ownership isn’t advertised.

    An Australian senator even had to apologise recently after speaking with PressTV, saying she didn’t know the news outlet was affiliated with the Iranian government, or that it had been sanctioned in Australia.

    Switched off

    Trump’s move to dismantle the USAGM doesn’t come as a complete surprise, however. As the authors of Capturing News, Capturing Democracy: Trump and the Voice of America described, the first Trump administration failed in its attempts to remove the firewall and install loyalists.

    This perhaps explains why Trump has resorted to more drastic measures this time. And, as with many of the current administration’s legally dubious actions, there has been resistance.

    The American Foreign Service Association says it will challenge the dismantling of the USAGM, while the Czech Republic is seeking EU support to keep Radio Free Europe and Radio Liberty on the air.

    But for many of the agency’s journalists, contractors, broadcasting partners and audiences, it may be too late. Last week the New York Times reported some Voice of America broadcasts had already been replaced by music.

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

    ref. Trump silences the Voice of America: end of a propaganda machine or void for China and Russia to fill? – https://theconversation.com/trump-silences-the-voice-of-america-end-of-a-propaganda-machine-or-void-for-china-and-russia-to-fill-252901

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Security: Belgium National and Utah Business Owner Charged After Allegedly Running a $5 Million Ponzi Scheme

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    $3M of investor funds allegedly used on real estate, a personal chef, Chevrolet Corvette & more

    SALT LAKE CITY, Utah –A Belgium national and the owner of K & K Strategies is facing federal charges after he allegedly operated a $5 million Ponzi scheme.  The Utah investment owner, who was not licensed to sell securities, allegedly defrauded approximately 75 investors, and used at least $3 million on real estate purchases, investor payouts, a personal chef, a 2002 Chevrolet Corvette, and other personal expenses.

    Kenny Dirk Van Der Spek, aka Kenny Vanderspek, 35, of South Jordan, Utah, was charged by complaint on March 12, 2025. He was charged by way of felony information on March 19, 2025.

    According to court documents, Van Der Spek, who was the owner and manager of K & K Strategies, LLC, defrauded at least 75 investors in his company between December 2017 and December 2023. K & K Strategies was a Utah limited liability company with a principal address in Salt Lake County and had investors in Utah and across the country. The stated purpose of the business was to help people who were not wealthy invest and teach about stock trading. However, Van Der Spek was not licensed to sell securities.

    As part of the scheme to defraud, Van Der Spek lied and manipulated clients to convince them to invest with K & K Strategies. He told them that K & K Strategies was legally operating a hedge fund and that he was licensed to do so. He represented to investors that their investments with K & K Strategies LLC were succeeding, showing them fabricated financial records, when in reality, investors were suffering losses. He also displayed an alleged “live stream” of trades on knkstrategies.com so that investors could “watch [their] money grow.”

    Van Der Spek is charged with securities fraud, wire fraud, and money laundering. His initial appearance on the felony information is scheduled for March 20, 2025, at 3:00 p.m. in courtroom 7.1 before a U.S. Magistrate Judge at the Orrin G. Hatch United States District Courthouse in downtown Salt Lake City.

    Acting United States Attorney Felice John Viti for the District of Utah made the announcement.

    The case is being investigated by the FBI Salt Lake City Field Office, Internal Revenue Service – Criminal Investigation (IRS-CI) Phoenix Field Office, and the Utah Division of Securities.

    Special Assistant United States Attorney Sachiko J. Jepson and Assistant United States Attorney Mark Y. Hirata, of the U.S. Attorney’s Office for the District of Utah are prosecuting the case.

    A felony information is merely an allegation and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law. 
     

    MIL Security OSI

  • MIL-OSI USA: Bloomberg: Syria Sanctions Relief Sought by Bipartisan Pair of Lawmakers

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren
    March 21, 2025
    A bipartisan pair of lawmakers is seeking sanctions relief for Syria as the country rebuilds after the fall of President Bashar al Assad.
    Senator Elizabeth Warren, a Democrat from Massachusetts, and Representative Joe Wilson, a South Carolina Republican, wrote a letter to to Secretary of State Marco Rubio and Treasury Secretary Scott Bessent asking them to review the US’s Syria sanctions policy with an eye toward removing some measures to help the country’s development and counter the influence of Russia and Iran.
    “Sanctions inertia would undercut Syria’s path to stability,” they wrote, citing Rubio’s own testimony before the Foreign Relations Committee. “There is an opportunity to explore the removal of sanctions that were aimed at a regime that no longer exists, if doing so would advance positive outcomes.”

    Read the full article here.
    By:  Daniel FlatleySource: Bloomberg

    MIL OSI USA News

  • MIL-OSI United Nations: ‘Peace Operations Face Serious Barriers that Demand New Approaches’, Secretary-General Stresses, at Security Council Open Debate

    Source: United Nations General Assembly and Security Council

    Following are UN Secretary-General António Guterres’ remarks to the Security Council’s open debate titled “Advancing Adaptability in UN Peace Operations — Responding to New Realities”, in New York today:

    I thank the Government of Denmark for convening this high-level discussion.

    United Nations peace operations safeguard people and communities in some of the most desperate places on earth.

    These operations comprise both peacekeeping operations and special political missions.

    Their work ranges from early warning to preventive diplomacy, from peacemaking to verifying peace agreements to protecting civilians, from negotiating ceasefires to helping parties implement them on the ground, to electoral support and observer missions.

    Collectively, these operations represent a critical tool at this Council’s disposal to maintain international peace and security in a variety of contexts.

    Since the first special political mission and peacekeeping operation were deployed in 1948, our peace operations have grown, adapted and evolved.

    Time and again, they allow us to mount tailored responses that have saved lives, reduced violence, prevented the expansion and spillover of deadly conflicts and stopped atrocities.

    Peace operations are designed not only to be an effective example of multilateralism in action — but a cost-effective one.

    At their best, they show how when the UN comes together to address challenges; the burden is diminished on individual countries alone.

    But as we all know, peace operations face serious barriers that demand new approaches.

    Wars are becoming more complex and more deadly.  They last longer and are more enmeshed in global and regional dynamics.

    Negotiated settlements have been harder to achieve. Meanwhile, our peace operations are confronted with a complex interplay of threats — many of which do not respect national borders.

    Terror and extremist groups, organized crime, the weaponization of new technologies, and the effects of climate change are all testing our capacities to respond.  And, I regret to say, geopolitical divisions are undermining peace.

    The bilateral and multilateral arrangements that — for decades — have managed tensions and maintained stability are eroding.

    Violations of international law, human rights and the UN Charter are rampant — seemingly without consequence.

    Trust is in short supply among — and within — countries and regions.

    All of these challenges and more throw fuel on the fires of conflict.

    Meanwhile, our peace responses are struggling.  We see a persistent mismatch between mandates and available resources.  And we see increasing differences of views — including in this Council itself — around how peace operations should work, under what circumstances, with what mandates they should be deployed, and for how long.

    This is a grim diagnosis, but we must face facts.

    The good news is that, through the Pact for the Future, Member States committed to working to adapt peace operations for the future.

    This is an important opportunity to gain a shared understanding of what makes peace operations successful, what is hindering their effectiveness, and what new models we can use to make them more adaptable, flexible and resilient — while recognizing the limitations in situations where there is little or no peace to keep.

    My recent proposals to you in the context of Haiti are a good example.  We must keep working for a political process — owned and led by the Haitian people — that restores democratic institutions through elections.  And the UN has a clear role to play in supporting stability and security, while addressing the root causes of the appalling crisis.

    The UN stands ready to assume the responsibility of the logistical and operational expenditures — including transportation, medical capabilities and support for the national police — that can support an international force established by Member States that is able to confront the gangs in Haiti and create conditions for peace.  And the salaries of the force are paid through the trust fund that already exists.

    This is a good example of how we can design a tailored and collective approach to peace operations in an extremely complex and dangerous environment.

    Other examples of adapting our peace operations include the United Nations Interim Force in Lebanon (UNIFIL), which recently developed an adaptation plan to support the parties to uphold their obligations under resolution 1701 (2006), and our operations in Abyei, Sudan, where we reconfigured our peace operations into a multinational force.

    We also increasingly see the enormous benefits of strengthening cooperation with regional and subregional organizations.  Security Council resolution 2719 (2023) is an important example.

    This breakthrough has lifted our partnership with the African Union to a new level as we work to establish peace enforcement missions under the responsibility of the African Union, supported by the United Nations.  We are now working actively across our two Secretariats to meet the vision of the resolution, and I urge Council members to fully support this work.

    It’s time to build on these examples and continue adapting our peace operations for current and future challenges.

    Work is now under way to review all forms of peace operations, as requested by Member States in the Pact for the Future.

    The review will aim to critically examine these tools and propose concrete recommendations to make them fit for today.

    This will include extensive consultations with Member States and others to inform — and inspire — recommendations.

    The review will build on the analysis presented in the New Agenda for Peace.

    It will be informed by the first comprehensive study of the history of special political missions in the 80 years of the United Nations, which will be released soon.

    And it will reflect the Pact’s call to ensure that peace operations engage at the earliest possible stage in planning transitions with host countries, UN country teams and local and regional groups.

    The review also aligns with the Pact’s call to this Council to ensure that peace operations are guided by clear and sequenced mandates that are realistic and achievable — with viable exit strategies and transition plans.

    And it will draw on the discussions taking place in preparation for the Peacekeeping Ministerial in Berlin in May focusing on the future of peacekeeping.

    Throughout, we will hold extensive consultations to capture as wide a spectrum of views as possible and to benefit from worldwide expertise.

    From Member States, host States, troop- and police-contributing countries and financial contributors to regional organizations, civil society and academia, and our own leaders and experts within UN peace operations and the Secretariat.

    And the review will, of course, help inform our efforts through our UN@80 initiative, to find efficiencies and improvements across our work in light of the continued funding challenges we face as an organization.

    Today’s open debate provides a vital opportunity for the Council to share perspectives and ideas to inform the review process.  I urge all Members to support it.  And I call on this Council to continue working to overcome divisions and disagreements around peace operations and build the unified and consistent political support our peace operations — and the women and men who conduct them — need and deserve.

    MIL OSI United Nations News

  • MIL-OSI Global: East of Empire: partitioning of India and Palestine unleashed the violent conflict that continues today

    Source: The Conversation – UK – By Erin O’Halloran, Postdoctoral Research Fellow, Department of Archaeology, University of Cambridge

    What can Indian and Pakistani press archives, government records and memoirs tell us about the Middle East of the 1920s and ’30s, when Britain’s empire was in its twilight years? What did the dissolution of the Ottoman empire, the movement for Egyptian independence, or the crisis in British Mandate Palestine have to do with the decision to partition India?

    How did Muhammad Ali Jinnah go from being a secular young man appalled by Indian interference in the Ottoman Caliphate crisis to the moving spirit behind the demand for Pakistan – a new Islamic nation which, he claimed, would be capable of defending Muslims abroad?

    These are the kinds of questions that kept me awake at night for years. The result of that insomnia is my new book, East of Empire: Egypt, India, and the World Between the Wars.


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    My focus is the quarter-century which immediately preceded the end of empire in India-Pakistan and Palestine-Israel. Both countries were partitioned along ethnic lines – the former by the British and the latter by the UN – resulting in catastrophic bloodshed and the forced displacement of millions.

    These partitions took place barely six months apart, between 1947 and 1948. They remain at the heart of horrific state violence on both continents, not to mention intergenerational trauma and rancorous historical debate.

    For much of the period my book deals with, from 1919 until the mid-1930s, the division of territory between religious or ethnic blocs would have been difficult for most people living in the Middle East and South Asia to fathom. There were no obvious frontiers that could be drawn between local communities. Particularly in cities and towns, neighbours of different ethnicities and faiths lived cheek by jowl.

    In fact, it was precisely during this time, between the first and second world wars, that Egyptians and Indians came to think of their movements for self-determination as shared across communal divides.

    Artists, politicians, activists and intellectuals described a thick and flexible web of interconnections – some spiritual or linguistic, others cultural and geopolitical – which together made up something called the sharq, orient, or “east”. This was said to transcend all kinds of barriers, depending on who you asked – creed, language, ethnicity, nation, gender and class, for starters.

    Many historians writing about this period have picked up this “easternism” for closer inspection – only to swiftly place it back down again. They argue it is too vague, amorphous and internally contradictory to be of much use as an analytical category. They are not wrong. Between the 1920s and ’40s, there were many (perhaps even countless) visions of the east in circulation.

    There was the east of orientalists – foreign, exotic and “other”. There was the anti-colonial east, a geography of allies in the battle against foreign domination. Then there was the spiritual east, often contrasted with the materialist west. There was the Islamic east, a region populated largely (though never exclusively) by Muslims. There was also the cosmopolitan east, a rich tapestry of cultures bound together by commerce and exchange of ideas. Finally, there was the strategic east, a geopolitical bloc or bulwark that might counter other constellations of power.

    It is important to underscore that none of these concepts were mutually exclusive. Instead, proponents of easternism tended to connect several “kinds” of eastern ideas together into a personally appealing hybrid.

    Thus in his memoir, Sultan Mahomed Shah, Aga Khan III, revisited his long-cherished dream of an eastern bloc of Muslim nations, serving as both a moral compass to the world and a healthy check on the power of Europe and the United States.

    For the Egyptian feminist Huda Shaarawi, the east was unapologetically anticolonial. In the pages of her magazine, l’Egyptienne, it was frequently ancient and exotic – but also, crucially, a stage upon which women from many cultural, ethnic and religious backgrounds would together forge the future in their own image.

    Given the dizzying array of potential easts, it was never what academics would call a coherent ideology. But this did not prevent it from being a highly prominent feature of both political debate and action in Egypt, India and the broader Arab-Asian region throughout the interwar period.

    Beginning in the 1920s and deep into the ’30s, various eastern visions flowed in and out of alignment with one another as headlines changed, alliances evolved, and priorities shifted. With the onset of war in Europe in 1939, however, the stakes of these ideological differences began to spike.

    Subjected to the unrelenting pressure of war, the many strands of easternism began to splinter, putting paid to the more fluid and open-ended possibilities that had animated preceding decades.

    In their stead emerged postwar ideologies with sharper edges, hardened national frontiers, and – following years of globally cataclysmic violence – little faith in the pacifist and humanist ideals of a bygone era. This almost chemical transformation is the backdrop against which votes affirmed the partitions of India and Palestine in 1947.

    Here, then, is the story told in East of Empire: how visions of a transnational, fluid and nonconformist east shaped the interwar politics of India and Egypt, and why these visions gave way to a more rigid, militant nationalism by the end of the second world war.

    The book revisits a near-forgotten chapter in the rise of anticolonialism and the end of the British empire across the Middle East and South Asia. And it explains the conditions under which these bold and optimistic visions buckled – unleashing torrents of violence we have yet to staunch, almost 80 years later.

    Erin O’Halloran has received funding from the British Academy and UK Research & Innovation.

    ref. East of Empire: partitioning of India and Palestine unleashed the violent conflict that continues today – https://theconversation.com/east-of-empire-partitioning-of-india-and-palestine-unleashed-the-violent-conflict-that-continues-today-251338

    MIL OSI – Global Reports

  • MIL-OSI Global: Syria after Assad: why many Syrian refugees aren’t returning home

    Source: The Conversation – UK – By Charlotte Al-Khalili, Leverhulme Early Career Fellow, University of Sussex

    Young boys play volleyball at an NGO centre in Zaatari camp, Jordan, in 2016. Melissa Gatter

    When news of Bashar al-Assad’s downfall broke on December 8 2024, 13 years after the beginning of the Syrian uprising, Syrians around the world rejoiced.

    We rejoiced along with them, having spent the last decade in conversation with Syrians displaced to the neighbouring countries of Jordan, Lebanon and Turkey, where we research humanitarian aid in refugee camps and revolutionaries in exile.

    The days and weeks following Assad’s ousting were spent on the phone with the people we have gotten to know since their lives changed drastically in 2011 – hoping that 2025 would be the turning point in a very long and harrowing odyssey. One of us (Charlotte) also travelled to Syria in January 2025 to see what was happening and speak to people trying to navigate the new reality there.

    “Syrians everywhere, inside Syria and outside Syria, did not ever imagine we would reach this stage,” said Qasim, 42, speaking from his home in Zaatari camp, the world’s third largest refugee camp, in northern Jordan. “No one ever expected that Assad would fall and leave the country.”

    Like the 80,000 others in the desert camp, Qasim has spent the last decade starting his life over again in Jordan. Since fleeing Daraa, in southwest Syria, in 2013, he worked a series of freelance jobs and created a network of clients. He has put food on the table with cash-in-hand work for aid organisations in the camp and offering painting and plastering services outside the camp.

    But in Syria, he said, “There’s no home, there’s no work, there’s nothing.”

    His family of four grew to 11, and his daughters who left Syria as young children have entered their final years of high school.


    The Insights section is committed to high-quality longform journalism. Our editors work with academics from many different backgrounds who are tackling a wide range of societal and scientific challenges.


    Now, with Assad gone seemingly overnight – and the revolution marking its 14th anniversary in March – the dream of returning home or simply the possibility to end a decade of exile is suddenly within reach. But this dream now comes with existential, practical and legal questions. After a decade in exile, how do you uproot yourself and your family yet again? How do you explain the return to the youngest, who have only known life outside Syria? What kind of life waits on the other side of the border?




    Read more:
    Syrians are torn between fear and hope as the frontlines rapidly shift


    Qasim’s family has outgrown the home he left behind. While life in the camp, with its electricity shortages and economic hardships, is nowhere near perfect, Qasim at least manages to get by.

    Returning to Syria also comes at a price – for Qasim’s family of 11, it would cost US$550 just to cross the border – and many Syrians in exile have not been afforded sufficient economic stability to prepare for the costs of return. For many, the return to Syria remains a distant dream they must work to save up for.

    Syria’s critical condition

    What is left of Syria in Assad’s wake will take years of recovery. The International Organization for Migration (IOM) has warned that Syria is not ready to receive returnees. US president Donald Trump imposed a freeze on US-funded foreign aid in January, affecting up to 90% of humanitarian activities in some areas in Syria, according to the UN’s emergency aid coordination office (OCHA). That has created a devastating ripple effect across Syria and neighbouring host countries.

    And yet western powers maintain their sanctions against Syria, where 90% of the population is already living below the poverty line and 70% are in dire need of humanitarian assistance.




    Read more:
    Syria: doubts increase over new regime’s commitment to women’s rights and inclusivity


    Meanwhile, the security situation is still precarious in parts of the country. Things in the northwest have improved since the agreement between the Kurdish-led Syrian Democratic Forces and Damascus’s provisional government, but March was marked by the killing of over a thousand mainly Alawi civilians in the coastal areas after attacks started from Assad loyalists. Israel has expanded its war against Palestine and Lebanon into parts of Syria, even bombing the capital city, as it looks to take advantage of a power vacuum.

    At the start of the new year, 115,000 Syrians had already returned home from Jordan, Lebanon and Turkey. In December, the United Nations High Commissioner for Refugees (UNHCR) expected 1 million Syrians would return by June, but now predicts only 600,000 to return by September.

    Unwelcome guests

    Jordan, Turkey and Lebanon are not signatories of the 1951 refugee convention which means they are not obliged to recognise the displaced Syrians in their country as refugees with internationally-protected rights. The governments of these countries recognise displaced Syrians only as “guests”, but that does not necessarily mean they are welcome.

    “We were not treated as guests in Turkey, people did not want us there,” Umm Ahmad said. She remembered her life in Gaziantep as one of constant humiliation, where she had to beg for assistance and her son was forced to work shifts of over 12-hours at a time in a clothing factory.

    As guests, Syrians face social and legal obstacles in accessing services, education, healthcare, housing and jobs. They are often blamed for waning economies and scarce resources and face xenophobic discrimination as a result. Having to work without protected rights or permissions pushes Syrians like Umm Ahmad’s son to the informal labour market, where they are vulnerable to exploitation and abuse.

    There are over 3 million Syrian refugees in Turkey and their status is uncertain and or illegal because residency documents are hard to obtain and are not consistently delivered in some areas. “Refugee” status is reserved only for European citizens. If Turkey was long considered the most welcoming host country among Syria’s neighbours for its open-border policy and friendly position towards the Syrian opposition, the situation changed dramatically after the EU-Turkey deal led to the border closure in 2016. Syrians in Turkey have increasingly faced deportation since 2019, and there is no clear path to Turkish citizenship.

    Around 1.5 million Syrians live in Lebanon where there is a long history of animosity towards them harking back to Assad’s occupation of Lebanon during the Lebanese civil war. But only 17% of those Syrians have obtained legal residency.

    Umm Ayman, who has lived for ten years in Beirut’s Shatila camp, told us: “I can’t wait to go back to Syria. Our life here has been so hard.” But before she returns she wants “to wait to see how the situation evolves and if it’s safe to go back”.

    Umm Ayman never managed to obtain legal status, which means having to home-school her children, who could not be admitted to the Lebanese school system – another reason she wants to go back. But she is still worried about the developing political situation that had taken her, as it did most Syrians, by surprise. Not knowing how the caretaker government would rule, and with no close relatives or home to return to in Syria, Umm Ayman is hesitant to commit to a final decision until she can visit her hometown of Homs to see the situation for herself.

    In Jordan, where only about 20% of the 1.3 million Syrian refugees are estimated to live in official camps, refugees have felt the decline in international funding directed towards the Syrian crisis in recent years, even before the January US aid freeze. “Recently there’s been scarce aid in the camp,” Qasim said, “so people are only just managing to take care of themselves.” Now, the refugee-run marketplace in Zaatari has grinded to a halt as camp residents save up for the return. As his current job is coming to an end, Qasim is looking for his next one outside Zaatari, “if there is any”.

    People driving through Jordan in January, returning to Syria with their belongings piled on the car.
    Charlotte Al-Khalili

    Outside the camps, Syrians toughing it out in Jordanian cities have even less access to aid. And while the 2016 Jordan compact allowed Syrian refugees access to formal employment, it failed to live up to its potential due to the high prices of work permits and social security contributions.

    Where is home?

    On the other side of the border, however, for millions of people home has been flattened to the ground. So many refugees have nowhere to return to and will need time to save up for rebuilding a house that has been bombed, burned or vandalised.

    Only those with the “money and the means”, as Qasim put it, will be able to return. He calculates that reconstructing and expanding his home to accommodate 11 family members will cost around US$5,000. “I don’t have the money to go back, where am I supposed to go, am I supposed to sleep on the street?” he said.

    Others like Qasim in Zaatari camp spoke about how much money they have already spent on the upkeep of their caravan shelter (often thousands of dollars) suggesting that they might be able to return if they could sell their caravan or even bring it with them to Syria.

    A view of Zaatari camp in Jordan showing how refugees have adapted their ‘caravans’.
    Melissa Gatter

    Maryam, for example, is a schoolteacher living in Zaatari camp with her husband and four-year-old daughter. She explained that the lack of money was the one thing holding them back from the return: “We paid a lot for our caravan, so if someone could take our house in exchange for money, it would help us to go back right away, in a month or less.” But the UNHCR owns the caravans, even those that camp refugees have bought or replaced over years of wear and tear.

    Returning to Syria requires transferring temporary ownership of the caravans back to the UNHCR – losing the years of investments they have made to live comfortably in the harsh desert environment. In Azraq camp, southeast of Zaatari, a woman called Shamsa, who has lived in the camp since 2016, believes that access to basic financial assistance in Syria would facilitate the return:

    If the UNHCR helped give money for each individual in the family for things like groceries – like they do now in the camp – people say they will return … But they can’t just return us when there’s nothing for us there.

    Many people are assessing the state of their homes and hometowns for themselves before committing to a long-term return.




    Read more:
    ‘My home city was destroyed by war but I will not lose hope’ – how modern warfare turns neighbourhoods into battlefields


    For example, Umm Mohammad, a mother of five in her late fifties currently living in Beirut, plans to send her husband and eldest son first. She wants to ensure that conditions are suitable for the return before giving up what they have fought hard to obtain in the last decade in Lebanon. “If they see that we can all join, we will,” she said.

    Work and school

    At the front of many Syrians’ minds is the question of work and school. Many of our interviewees noted that critical economic conditions in Syria mean that work is hard to come by, especially for entrepreneurs like Qasim who rely on a steady presence of customers.

    While the interim Syrian government has attempted to raise the cap on public sector salaries to stimulate the economy, those we spoke to were not optimistic about their prospects. “The economic situation is on the floor,” Shamsa said from Azraq camp.

    Umm Ayman has a low-paying job in Beirut, but her husband, formerly a doctor in Syria, is not allowed to work in Lebanon and can only receive a few patients off the books. Adding to their anticipated costs in Syria is the difficulty of integrating into the job market as her husband approaches retirement age. “He will need to open a practice or find one, and we don’t have this kind of money,” she said.

    A plot of empty caravans in Azraq camp’s ‘Village 5’ which has been under security lockdown since 2016 until recently.
    Melissa Gatter

    After the Israeli bombing near their home last October, the family moved into a school sheltering other displaced families in Beirut. Umm Ayman feels that going back to Syria – even with the accompanying price tag – might offer a brighter future.

    On the other hand, Rasha, a recent divorcee living in Turkey with her two children, is not ready to take the risk. “I cannot go back now,” she said. “My boys need to finish school first.” Her teenage sons, who are enrolled in Turkish schools, have become fluent in Turkish. Going back to Syria would mean adapting to a new curriculum – and having to learn formal Arabic.

    Many Syrians around the age of Rasha’s sons who are enrolled in school also prefer to earn their high school diplomas before making the journey back to Syria. Maryam explained to us that this is not always a straightforward decision for her students because it depends on how many years of schooling remain: “The students are feeling a little lost.”

    For Syrian students currently studying the first year of tawjihi (the final two years of high school in Jordan, assessed by exams that determine the direction of a student’s career) they must decide whether to stay in the country for one more year to complete their studies, and if this will be possible. For high school and university students alike, it is unclear how their studies will transfer to the Syrian system.

    “But most of my students tell me they don’t want to return at all because they honestly don’t remember anything about Syria,” Maryam said. Like Rasha’s teenagers, Maryam’s students were only toddlers at the start of the war and have spent the majority of their life outside their home country. Maryam wishes for her own daughter to grow up in Syria and receive the same education she and her husband did.

    But what kind of future would Syria offer them? A young mother of a toddler explained that there are no nurseries in her hometown of Daraa. As the only woman of her generation from her social circle left in the city, she was struggling to find childcare support and discourages her sister from returning with her children. “At least if she goes to Damascus she will find nurseries and good schools, but here there is nothing.”

    Crossing into a ‘void’

    For those who do wish to go home, returning to Syria involves committing to a one-way ticket – once you cross the border, there is little possibility of coming back. Host countries have introduced rules that ban re-entry for Syrians without legal status and residency permits (the case for most refugees).

    “You exit into a void,” Lina, who returned to Damascus from Beirut, explained. “No one can guarantee you’ll be able to come back.” In December, Syrians returning from Lebanon received only an exit stamp as there was still no one working on the Syrian side of the border.

    Ghada, a mother in her mid-30s, fled Shatila camp last October after Israeli bombing in southern Beirut intensified, returning to her village near Aleppo while her husband stayed behind to work in Beirut. She said:

    My children are so scared of the jet sound … We left Syria so they would not go through the war there and these horrifying sounds, so I did not want them to live here.

    Ghada was among the half a million people who fled Israeli bombing in Lebanon to Syria between October and November. Israel shelled all but one crossing point between Lebanon and Syria. In January, incidents between the Lebanese and newly established authorities in Damascus led to the temporary closing of the border, pushing Syrians to look for other routes back.

    By then, Ghada was already planning to come back to Lebanon. She said: “We have a home, my husband works, and the kids have a good school in Beirut.” Life in her Syrian village had been difficult, as access to everyday services was severely limited.

    But the Israeli war in Lebanon has not ended, as Israel refuses to respect the ceasefire agreement and parts of the country are still occupied.

    In Turkey, crossing the border without the required authorisation to return means losing temporary protection status, as was the case with Umm Ahmad once she left Gaziantep for east Aleppo. She won’t be able to see her daughter, who is as a Turkish passport-holder, for the foreseeable future as she is not allowed entry to Syria.

    At the moment, Syrians holding Turkish temporary status (kimlik) or residence permits can enter Syria if they apply for a permit. But the border crossing rules are constantly changing.

    Syrians returning from Jordan must pay a US$50 fee and sign an agreement consenting to being banned from re-entry to Jordan for five years. But many in Azraq camp are scared they will be forced to return, even after the UNHCR sent an SMS message to camp residents reassuring them that the decision to return to Syria would continue to be “voluntary, safe, and dignified.”

    The full SMS translation reads: “Refugees have the right to return to their homeland when they choose to of their own free will. The return will continue to be voluntary, safe, and dignified. The UNHCR works in cooperation with all concerned parties to address obstacles to refugee return in order to end their displacement.”

    SMS message from UNHCR sent to Zaatari residents on December 8.
    Melissa Gatter

    Fear is not a new emotion in Azraq, where a quarter of the camp’s nearly 40,000 residents lived under security lockdown for as many as six of the last ten years while the Jordanian government processed security clearance for each individual, deciding whether to accept or deport them.

    Shamsa noted that, while Azraq camp has become less stringent in recent years, “Everyone is still very afraid of forced returns.” Shamsa, who has spent the past eight years trying to find ways out of Azraq, said that staying there would be “more comfortable than it would be to go back right now”.

    A dignified return

    In January, the town of Darayya, 90% of which had been destroyed by the Assad regime, was alive with people rebuilding their homes. A man perched on the third floor of a very damaged building was putting concrete blocks together, laundry hung to dry on washing lines, and brand new windows sparkled on seemingly uninhabited homes. Lines of cars and minivans packed with bags and furniture entered from the Jordanian border and winded up Syrian roads – Syrians were returning and ready for a fresh start.

    Other cities have also seen their inhabitants return. Mohammad, a revolutionary who lived in exile in Turkey until Aleppo’s liberation on December 2, returned looking to reclaim justice and dignity – the core demands of the 2011 revolution. He said:

    I can finally seek justice, I can finally look people in the eye, I am going back home with my head held high.

    For those who supported the revolution, going back to a free Syria is an immense political and personal victory.

    Internally displaced Syrians living in camps in the northwestern region of Idlib have also begun to return to their homes, bringing their tents to live among the rubble as they rebuild. Iman, a woman in her 50s travelling to her home city of Idlib, said that the tents offered more dignified living than the camps: “You have to imagine that in the camps you have no intimacy, you hear everything your neighbours do and say in their tents.”

    But even in the relief of Assad’s absence, fear and mistrust is still rampant among refugees living in camps in Jordan. “People are expecting another downfall,” Qasim said, pointing to the number of coups preceding the Assad regime’s nearly 50-year history. What would happen if, upon returning, they must flee again?

    “There is still no hope,” Shamsa said wearily over a WhatsApp voice note from Azraq camp. She repeated the words her mother had told her almost ten years ago in their home in northern Syria, encouraging her to try a new life outside: “There’s nothing for us in Syria.”

    Drying laundry in the rubble of Darayya in January.
    Charlotte Al Khalili

    Shamsa and her family await a final decision on their resettlement application to the US, which they expect to receive in April, just after the 14th anniversary of the start of the Syrian revolution. Assad’s departure has not changed their plans.

    Despite the danger and uncertainty, some people are hopeful about the future of Syria and are taking a leap into the unknown to go back home. Umm Ahmad, a woman in her fifties, had been living in the city of Gaziantep, in southern Turkey, since 2012. She was among the first to go back to Syria. A mother of two martyred and three disappeared sons from the suburbs of Aleppo, Umm Ahmad decided to cross just a day after the fall of the regime, ecstatic to be able to reunite with her siblings who had not left Syria and whom she hadn’t seen for 13 years. With excitement in her voice, she told us:

    This is our country, there is no reason to leave it again now that we got rid of Bashar al-Assad. Inshallah [God-willing] we are staying here.

    Umm Ahmad’s life in Turkey, where she and her son’s family lived without residence permits, had been laced with hardship and financial insecurity. It did not matter to her that she would not be able to re-enter Turkey – she is happy to be home: “We visited our old flat yesterday. It is damaged but we will work on it with my husband and it should be ready to welcome my son and his family next month.” Back in Syria, Umm Ahmad can begin her quest to find her missing sons.

    A few others we spoke to rushed to return to Syria in the same way: revolutionaries who had waited at the border for years to be reunited with family who had stayed behind; relatives of the detained and forcibly disappeared trying to find their loved ones; people with nothing to lose being banned from re-entering a host country who had not given them legal status to begin with.

    A new blueprint for the return

    Although the figures presented by the UNHCR are high – more than half a million expected to return in six months – the number of returnees from neighbouring countries has reached around 235,000 as of February, with 35,000 coming from Turkey and 22,000 from Jordan, while figures from Lebanon remain unclear.

    The decision to return will not be a simple one for most, and the return will probably involve more than a single one-way trip. In many cases, young, single men are making this journey alone to test the waters on behalf of their families.

    Syrians abroad have been starting over for the past decade, and an entire generation has grown up in displacement. Kept on a hamster wheel of survival and deprived of the opportunity to prosper in exile, Syrian refugees must be able to make their own informed decisions about making the return – or not – in their own time.

    The idea of a “safe, voluntary, and dignified” return must account for the complicated logistical reality that repatriation to a country recovering from 50 years of an oppressive regime will not be a one-way journey for most. Rather than halting refugee programs and attempting to send as many Syrians back as quickly as possible, host countries should grant Syrian refugees freedom of movement to and from Syria.

    The return to Syria will ultimately only be possible with international support in rebuilding the country’s infrastructure, services and economy to see a peaceful political transition. Returnees will need financial and material assistance as they re-establish themselves, especially in the fallout of the drastic cuts to US-funded humanitarian aid. Western countries must lift their sanctions and hold Israel to account if they are genuinely interested in the long-term sustainability of Syria and the surrounding region.

    This moment is not only an opportunity for exiled Syrians to turn the page on displacement, it is also a rare opportunity for the international community to design a new blueprint for refugee returns in an age of criminalised migration. It is also a rare opportunity, then, for a cautious hope.

    “As for me, I’m thinking of getting my PhD from Damascus University,” Maryam said. While living in the camp, she earned a master’s degree at Al Al-Bayt University in the nearby city of Mafraq.

    Going back to Syria, her husband could return to his job as an IT engineer, and they could rent a flat while rebuilding their home in Daraa. Her daughter could start first grade in the Syrian school system. She is hopeful.

    “We’re seriously considering going back. It’s just a matter of time.”


    For you: more from our Insights series:

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    Charlotte Al-Khalili receives funding from the Leverhulme Trust

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

    ref. Syria after Assad: why many Syrian refugees aren’t returning home – https://theconversation.com/syria-after-assad-why-many-syrian-refugees-arent-returning-home-251654

    MIL OSI – Global Reports

  • MIL-OSI Global: The peculiar Turkish corruption issue behind Istanbul mayor’s arrest – and how it became a tool of political oppression

    Source: The Conversation – UK – By Tulin Dzhengiz, Lecturer in Sustainability, Manchester Metropolitan University

    Turkey is in turmoil after Istanbul’s mayor, Ekrem İmamoğlu, a leading opposition figure and potential challenger to Turkey’s president, Recep Tayyip Erdoğan, was arrested on March 19 on charges of corruption.

    More than 1,000 people who protested against the arrest have also been detained as hundreds of thousands of demonstrators took to the streets in anger at what they say is a major blow against democracy. İmamoğlu, who denies all charges against him, has since been endorsed as the candidate for the 2028 presidential elections for the Republican People’s Party (CHP).

    Central to the allegations of corruption is what is known in Turkey as naylon faturacılık. This literally means “nylon invoicing” and refers to the issuing of fake invoices. It doesn’t refer to simple clerical errors or accounting mishaps, but deliberate attempts to fabricate transactions, inflate expenses, or obscure real beneficiaries.

    Technically illegal, the practice is nonetheless widespread in Turkey. It forms part of what many see as the country’s informal economy.

    The informal economy in Turkey spans everything from street vending and informal recycling to complex tax evasion schemes involving registered firms. Naylon faturacılık illustrates how corruption doesn’t always sit outside the system, but often thrives from within it.

    It exposes a blurry boundary between formal and informal economic activity, revealing how some formal businesses manipulate legal frameworks to appear compliant while engaging in illicit practices. In September 2024, Turkey’s Ministry of Finance uncovered 3 billion Turkish Lira (£61 million) worth of fake invoices in an investigation targeting around 4,500 large taxpayers.

    Over the past four years, I’ve interviewed more than 60 business owners, workers, and entrepreneurs across Turkey – from informal micro-enterprises to firms embedded in formal supply chains. One theme surfaced again and again: naylon faturacılık, or fake invoicing.

    People described it not as an exception but as “just part of doing business” in an informal economy. In an economy shaped by patchy enforcement and institutional fragility, this practice has become normalised over the past decade. It’s not legally accepted, but has unfortunately become socially expected.

    Under Turkish law, issuing or using fake invoices is a serious offence, punishable by three to eight years in prison. Yet many of my interviewees, especially those operating in or alongside the informal economy, saw fake invoicing as a necessary way of doing business. They described it as a viable response to rising costs, bureaucratic hurdles and a system that often punishes formality.




    Read more:
    Turkey: a favourable international climate is spurring Erdoğan’s crackdown on democracy


    Opposition leaders, including CHP leader Özgür Özel, argue that İmamoğlu’s arrest is politically motivated – an attempt to discredit their candidate ahead of the presidential election. Özel condemned the operation as a “coup attempt” against Turkey’s democratic future.

    In a press conference, he revealed that most of the people detained alongside İmamoğlu are linked to companies that won public contracts from the Istanbul Metropolitan Municipality (İBB) under the control of İmamoğlu. Moreover, some of those arrested, he claimed, are students or relatives with no actual involvement in procurement decisions or public bids.

    The key accusation is that these companies issued fake invoices – billing for work never done, or for services exaggerated or duplicated. Yet Özel contends that no concrete evidence has been presented thus far and much of the government’s case comprises testimony and vague associations from gizli tanık (secret witnesses).

    One such witness reportedly named a communications or media firm that had worked with both İBB and the central government – including on campaigns commissioned by the presidency’s Directorate of Communications that work directly with Erdoğan. When the same activity, individuals or businesses, can be framed as legitimate under one administration and criminal under another, the line between legality and politics becomes dangerously thin.

    While opposition mayors in Turkey face swift legal action against corruption, serious corruption allegations against former Ankara mayor Melih Gökçek, which he denies, involving nearly 46 billion Turkish lira in public losses remain uninvestigated. Gökçek was a member of Erdoğan’s government Justice and Development Party (AK).

    A total of 97 complaints were filed over alleged misconduct during Gökçek’s tenure as mayor of Ankara until 2017, but nothing was done. Critics say this reflects politically selective justice.

    One law for some

    This isn’t just a story about fake invoices. It is about contexts where rules are unevenly enforced, where legal grey zones are abundant and where informality becomes a flexible instrument of control. A practice such as naylon faturacılık tolerated in one political moment can become a liability in another. A company can operate legally while it enjoys good relations with the government – and suddenly find itself under suspicion when that changes.

    In Turkey today, the question is often not whether an act is legal or illegal. It’s more about who is involved and whose power is being threatened. The lines between formal, informal or illegal is not merely economic – it is profoundly political. That’s why the nylon invoicing issue is so revealing. Far from being a fringe practice, it exposes the everyday intersections of power, legitimacy and corruption.

    In a climate of deepening polarisation and eroding institutional trust, many believe that who gets punished for corruption depends less on the act itself and more on which side of the political divide they fall.

    Protests in Turkey callling for ‘rights! law! justice!’

    Turkey’s democracy and justice system are being tested – not only by corruption, but by how selectively corruption is investigated and enforced. In this uncertain moment, the challenge is not only to hold people accountable, but to rebuild trust in institutions and ensure that justice is applied fairly. The protestors’ slogan “hak, hukuk, adalet” (rights, law, justice) carries a deeper warning: power is temporary, but justice must endure.

    As many demonstrators in Turkey are now reminding the Erdoğan government: when the balance shifts, those in power today may find themselves in need of the very fair and independent legal system they are now so determined to undermine.

    Tulin Dzhengiz research on the informal economy received funding from Manchester Metropolitan University.

    ref. The peculiar Turkish corruption issue behind Istanbul mayor’s arrest – and how it became a tool of political oppression – https://theconversation.com/the-peculiar-turkish-corruption-issue-behind-istanbul-mayors-arrest-and-how-it-became-a-tool-of-political-oppression-252933

    MIL OSI – Global Reports

  • MIL-OSI USA: Crapo, Risch, Blumenthal Reintroduce Bipartisan Legislation to Deliver Combat-Injured Veterans Full Military Benefits

    US Senate News:

    Source: United States Senator for Idaho Mike Crapo

    Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho) and Senate Veterans’ Affairs Committee Ranking Member Richard Blumenthal (D-Connecticut) led reintroduction, along with Senator Jim Risch (R-Idaho), of S. 1032, the Major Richard Star Act.  This bipartisan legislation would provide combat-injured veteran retirees their full benefits.

    “The Major Richard Star Act corrects a severe injustice for combat-wounded veterans,” said Crapo.  “The support for this correction is clear.  Though the namesake of our legislation is no longer with us, I continue to press for its passage on behalf of the more than 50,000 veterans, including hundreds in Idaho, who stand to benefit.” 

    “Our veterans made significant sacrifices for our freedoms. Penalizing their retirement benefits due to injuries they incurred during their honorable service to our country is unacceptable,” said Risch.  “The Major Richard Star Act protects the entirety of veterans’ earned benefits and give our nation’s heroes the respect they deserve.”

    “This measure corrects one of the deepest injustices in our present veterans’ disability system,” said Blumenthal.  “It is unacceptable that tens of thousands of combat-injured veterans are denied the full military benefits they earned.  Our bipartisan bill will right this longstanding injustice and finally provide these military retirees who have already sacrificed so much their full VA disability and Defense Department retirement payments.”

    Currently, only veterans with disability ratings above 50 percent and more than 20 years of service are eligible to receive the full amount of their U.S. Department of Defense (DOD) retirement and U.S. Department of Veterans Affairs (VA) disability payments, leaving behind more than 50,000 combat-injured military retirees, including hundreds in Idaho.  The Major Richard Star Act would fix this unjust policy for retired combat veteransproviding them full VA disability and DOD retirement payments earned by their service.

    The bipartisan legislation is named in honor of Major Richard A. Star, a decorated war veteran who was forced to medically retire due to his combat-related injuries.  Major Star sadly lost his battle with cancer on February 13, 2021. S. 1032 has 43 bipartisan co-sponsors.

    Representatives Gus Bilirakis (R-Florida) and Raul Ruiz (D-California) introduced companion legislation, with 185 bipartisan co-sponsors, in the U.S. House of Representatives.

    The bipartisan effort to provide combat-injured veterans their due benefits is supported by the Air Force Sergeants Association (AFSA), Air & Space Forces Association (AFA), American GI Forum, The American Legion, American Military Society, American Veterans (AMVETS), Armed Forces Retiree Association, Army Aviation Association of America (AAAA), Association of Military Surgeons of the United States  (AMSUS), Association of the United States Army (AUSA), Association of the United States Navy (AUSN), Blinded Veterans Association (BVA), Burn Pits 360, Chief Warrant Officers Association of the US Coast Guard (CWOA), Commissioned Officers Association of the U.S. Public Health Service, Inc. (COA), Disabled American Veterans (DAV), Enlisted Association of the National Guard of the United States, Fleet Reserve Association (FRA), Heroes Athletic Association, Gold Star Wives of America (GSW), Iraq and Afghanistan Veterans of America (IAVA), Jewish War Veterans of the United States of America (JWV), K9s for Warriors, Marine Corps League (MCL), Marine Corps Reserve Association (MCRA), Military Chaplains Association of the United States of America (MCA), Military Officers Association of America (MOAA), Military Order of the Purple Heart (MOPH), Mission Roll Call, National Defense Committee, National Military Family Association (NMFA), Naval Enlisted Reserve Association (NERA), Non-Commissioned Officers Association (NCOA), Operation First Response, Paralyzed Veterans of America (PVA), Quality of Life Foundation, Reserve Organization of America (ROA), Stronghold Freedom Foundation, Tragedy Assistance Program for Survivors (TAPS), The Retired Enlisted Association (TREA), The Independence Fund (TIF), United States Army Warrant Officers Association (USAWOA), USCG Chief Petty Officers Association (CPOA), VetsFirst/United Spinal Association, Vietnam Veterans of America (VVA), Wounded Paw Project and Wounded Warrior Project (WWP).

    MIL OSI USA News

  • MIL-OSI Global: Will mummy make it better? The curious case of mummified remedies in early modern medicine

    Source: The Conversation – UK – By Michelle Spear, Professor of Anatomy, University of Bristol

    Andrea Izzotti/Shutterstock

    The history of medicine is filled with remedies that, viewed through a modern lens, seem perplexing, misguided or downright macabre. Among these is “mumia” — a medicinal substance derived from mummified human remains.

    From the 12th to the 17th century, physicians across Europe prescribed powdered mummy as a cure-all for ailments ranging from internal bleeding and broken bones to epilepsy and melancholia.

    Once regarded as a potent elixir infused with the life force of the ancients, mumia was a staple in apothecaries, sought after by the wealthy and recommended by the learned. Yet, as medical knowledge evolved, so too did attitudes toward this unusual remedy, and by the 18th century, it had largely faded into obscurity.

    The belief in mumia’s healing power was deeply rooted in prevailing medical theories of the time. One such theory was the doctrine of signatures, which held that natural substances resembled the ailments they were meant to cure.

    Mummified flesh, preserved for centuries, seemed an obvious candidate for treating decay, wounds and internal deterioration. Another influential idea was vitalism, the notion that life force could be transferred from one body to another, particularly from a preserved human to a living patient.

    Adding to this was the European fascination with the medical traditions of the Islamic world. Arabic physicians such as Avicenna had described the therapeutic use of bitumen – a naturally occurring tar-like substance also called mūmiyā – that had medicinal applications in wound healing.

    When these texts were translated into Latin, European scholars mistakenly conflated mūmiyā with Egyptian mummies, assuming that the embalmed dead were imbued with similar restorative properties. The result was a booming trade in ground-up human remains, with mummies sourced from Egyptian tombs, grave robbers and even local execution sites.

    Grave robbers got in on the racket.
    David Leshem/Shutterstock

    Mumia was prescribed for an astonishing array of conditions. Physicians believed it could speed up healing, prevent infection and even cure epilepsy. Ingested in powdered form or mixed into tinctures, it was recommended for internal bleeding, strokes and tuberculosis. Some suggested it could ward off melancholy or restore youthful vitality, making it a popular remedy among the European elite.

    Apothecaries stocked mummy powder alongside other human-derived medicines such as powdered skull (cranium humanum) and distilled human fat (axungia hominis).

    The more ancient the remains, the more potent they were thought to be. However, as the demand for mumia outstripped the supply of genuine Egyptian mummies, opportunistic traders turned to more recent corpses – some even resorting to robbing the gallows to meet the market’s needs.

    Eventual decline

    Despite its widespread use, mumia was not without its detractors. By the 16th century, some physicians began to question both its efficacy and its ethical implications. The Swiss physician Paracelsus (1493–1541) argued that only fresh human remains – not ancient, embalmed flesh – had medicinal value, while others dismissed the practice as nothing more than superstition.

    The growing emphasis on empirical science in the 17th and 18th centuries further eroded faith in mumia. As anatomy and pathology advanced, the idea that centuries-old preserved tissue could heal the living seemed increasingly implausible. At the same time, public attitudes toward human remains began to shift.

    The rise of Egyptology and archaeological interest in mummies reframed them as historical artefacts rather than medical commodities, making their consumption distasteful even to those who had once sworn by their healing properties.

    By the early 18th century, mumia had largely disappeared from medical practice, relegated to the annals of history as an example of medicine’s sometimes gruesome past.

    Mumia’s decline serves as a reminder of how medical knowledge evolves, shedding once-revered treatments in favour of evidence-based approaches. Yet, while medicinal cannibalism may seem shocking today, the pursuit of miraculous cures continues. From stem cell therapies to longevity supplements, the desire to harness the essence of life itself persists – albeit with more scientific rigour.

    Looking back at the use of mummified medicine, we are reminded that the boundary between science and superstition is not always as clear as we might like to believe.

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

    ref. Will mummy make it better? The curious case of mummified remedies in early modern medicine – https://theconversation.com/will-mummy-make-it-better-the-curious-case-of-mummified-remedies-in-early-modern-medicine-247727

    MIL OSI – Global Reports

  • MIL-OSI Global: Facing annexation threats, should Canadians lament for a nation — like George Grant did in 1963?

    Source: The Conversation – Canada – By David Edward Tabachnick, Professor of Political Science, Nipissing University

    A decades-old lament for Canada is back on some Canadians’ minds as United States President Donald Trump makes repeated annexation threats.

    Canadian political philosopher George Grant’s Lament for a Nation was published in 1965 — the same year Canada’s iconic Maple Leaf flag was first unfurled on the Peace Tower on Parliament Hill — and unexpectedly inspired many Canadians to feel a sudden sense of pride and confidence that their country could and must stand up to its giant imperialistic neighbour to the south.

    Sixty years later, there are calls to “Bring Back Grumpy George” and renew his decades-old warning. There are also attempts to understand Grant’s continued relevance in the 21st century, as well as new volumes on his work.

    Canadian nationalist movement of 70s

    On the face of it, Grant’s slim volume may seem the perfect tonic for what ails Canada today. Consider that William Christian, Grant’s biographer, called its publication “one of the most significant factors in creating the Canadian nationalist movement of the 1970s” while esteemed journalist Charles P.B. Taylor dubbed it “a Bible for younger nationalists.”

    It “is the sun under which a generation of Canadian nationalists warm themselves,” Andrew Potter writes in his introduction to the 40th anniversary edition of Grant’s most famous work, “but it also casts the long dark shadows in which they must operate.”

    One need only wade a little into the volume to see those “the long dark shadows.” The subtitle to Grant’s book says it all: The Defeat of Canadian Nationalism. So, far from being a call to arms, Lament for a Nation was, as Grant put it, a “cry out at the death or at the dying of something loved…[to mourn] the end of Canada as a sovereign state.”

    In other words, Lament was never intended to whip Canadians into a nationalist fervour, but to spell out Canada’s unfortunate and inevitable disappearance as a nation.

    ‘Blending into the (U.S.) empire’

    By this logic, the next six decades of failed strategies to diversify the Canadian economy and stillborn plans to grow its military are symptoms of a disease that had already killed the patient; Canada is the zombie nation, an apparently democratic electoral system without real substance. Grant wrote:

    Canada has ceased to be a nation, but its formal political existence will not end quickly. Our social and economic blending into the empire will continue apace, but political union will probably be delayed. Some international catastrophe or great shift of power might speed up this process.”

    For Grant, Canada’s original death knell was acquiescence to American demands that it accept their nuclear weapons on its soil. While Canada had both the technical ability and practical capacity to build its own bombs after the Second World War, leaders decided against it.

    Jack Mackenzie, first president of Atomic Energy Control Board, explained in a 1953 address: “Canada is the only country in the world with sizeable atomic energy establishments where no bombs are being made, and where all the thinking and planning is focused on peacetime aspects.”

    But in the context of the Cold War, this principled choice was viewed as a sign of weakness by Americans, who worried about Soviet bombers travelling unrestricted over the Arctic.

    Defence crisis

    This worry led to the so-called defence crisis that dominated the federal 1963 election campaign, fought between Conservative Prime Minister Diefenbaker and Liberal Lester B. Pearson.

    A beleaguered Diefenbaker had cancelled the vaunted Avro Arrow program a few years earlier, hesitated to commit the Navy to participate in the blockade of Cuba and then balked at accepting American warheads for the BOMARC interceptor missiles designed to stop those bombers.

    The pugnacious Pearson was once a champion of non-proliferation and had shocked his supporters during his infamous Scarborough speech when he announced his surprising agreement that U.S. nukes had to be deployed on Canadian soil in the name of our “commitments for Canada in continental and collective defence,” including NORAD and NATO.

    For Grant, Diefenbaker’s defeat to Pearson was a stake through the heart of the Canada from which it would never recover. In 1963, the Royal Canadian Air Force delivered a shipment of nuclear warheads to the BOMARC missile site near RCAF Station North Bay, Ont., just up the road from where I write today.

    End of Canadian nationalism?

    A few years before his passing in 1988, Grant made it clear in a 1985 interview with Lawrence (Larry) Schmidt, a theologian and a scholar of Grant’s work, that “people have read a little book I wrote called Lament for a Nation wrongly. I was talking about the end of Canadian nationalism. I was saying that this is over and people read it as if I was making an appeal for Canadian nationalism. I think that is just nonsense. I think they just read it wrongly.”

    Today, Canadian economic well-being and security are no more in Canada’s control then they were in 1965. Trump is merely saying the quiet part out loud in his craven desire to make Canada the 51st state.

    Was Grant wrong?

    But, as it turns out, Grant was wrong. Canada is not the zombie nation. It may have been in a bit of daze for the last while, but Canadians have their elbows up again.




    Read more:
    Why Gordie Howe’s elbows are Canada’s answer to Donald Trump


    Now out of a stupor, Canadians are reviewing the wisdom of purchasing F-35s, buying new radar systems to assert our sovereignty over the Arctic and attempting to drop interprovincial trade barriers.

    Mind you, this is nothing new. In the face of American disapproval, Canada trades with Cuba, claims the Northwest Passage as its internal waters and negotiated a successful Acid Rain Treaty. Canada led the charge to ban the use of land mines and refused to participate in the American missile shield plan.

    Canada didn’t send its young men to die in the jungles of Vietnam and refused to participate in the ill-conceived Iraq War. And it still protects its fresh water and health care.

    New policy for common cause

    Still, rather than merely reacting to American insults and pressures, Canada is long overdue to develop contemporary and responsive policy, the very thing Grant thought would allow Canada to become and stay a sovereign country, at least for a while.

    As writer and historical researcher Mark Wegierski notes, this could unite conservatives and progressives in common cause.

    While Canadians may be divided at times, they need to use this moment of unity to make sure Canada stays alive and kicking.

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

    ref. Facing annexation threats, should Canadians lament for a nation — like George Grant did in 1963? – https://theconversation.com/facing-annexation-threats-should-canadians-lament-for-a-nation-like-george-grant-did-in-1963-252337

    MIL OSI – Global Reports

  • MIL-OSI USA: House GOP Leadership and Committee Chairs Issue Joint Statement on Budget Reconciliation

    Source: US House of Representatives Republicans

    The following text contains opinion that is not, or not necessarily, that of MIL-OSI –

    WASHINGTON— Speaker Johnson, Leader Scalise, Whip Emmer, and Chairwoman McClain released the following joint statement alongside the Chairmen of the House Committees with jurisdiction in the budget reconciliation process: Thompson, Rogers, Arrington, Guthrie, Walberg, Hill, Green, Jordan, Westerman, Comer, Graves, and Smith. 

    “House Republicans took the lead and passed a bill to fund the government through the end of the fiscal year. Now, our focus returns to delivering President Trump’s full America First agenda. 

    “The House is determined to send the president one big, beautiful bill that secures our border, keeps taxes low for families and job creators, grows our economy, restores American energy dominance, brings back peace through strength, and makes government more efficient and more accountable to the American people.

    “We took the first step to accomplish that by passing a budget resolution weeks ago, and we look forward to the Senate joining us in this commitment to ensure we enact President Trump’s full agenda as quickly as possible. The American people gave us a mandate and we must act on it. We encourage our Senate colleagues to take up the House budget resolution when they return to Washington.

    “This is our opportunity to deliver what will be one of the most consequential pieces of legislation in the history of our nation. Working together, we will get it done.”

    MIL OSI USA News

  • MIL-OSI Global: Ukraine will need major rebuilding when war ends − here’s why the US isn’t likely to invest in its recovery with a new Marshall Plan

    Source: The Conversation – USA – By Frank A. Blazich Jr., Curator of Military History, National Museum of American History, Smithsonian Institution

    Europe after World War II? No, it’s the Ukrainian city of Bakhmut in 2023, after a year of Russian bombardment. AP Photo, File

    President Donald Trump wants Ukraine to repay the United States for helping to defend the country against Russia’s invasion.

    Since 2022, Congress has provided about US$174 billion to Ukraine and neighboring countries to assist its war effort. Trump inflated this figure to $350 billion in a March 2025 White House meeting with French President Emmanuel Macron. Separately, he has suggested Ukraine could reimburse the U.S. by giving America access to its minerals.

    Ukraine is rich in titanium, graphite, manganese and other rare earth metals used to produce electric vehicle batteries and other tech devices.

    Mining and refining these critical mineral resources would require major investment in infrastructure and economic development, including in parts of Ukraine severely damaged by fighting. Some analysts are calling for a return to the European Recovery Program, commonly known as the Marshall Plan.

    The Marshall Plan used $13.3 billion in U.S. funds – roughly $171 billion in today’s dollars – to rebuild war-torn Western Europe from 1948 to late 1951. It is often evoked as a solution for reconstruction following global crises. Yet as a military historian and curator, I find that the Marshall Plan is not well understood.

    For the U.S., the economic gains of the Marshall Plan did not come from European countries’ repaying loans or allowing the U.S. to extract their raw materials. Rather, the U.S. has benefited enormously from a half-century of goodwill, democratic stability and economic success in Europe.

    European nations turn inward

    After World War II ended in 1945, Western Europe faced a staggering burden of destruction and upheaval.

    Allied bombardment of major industrial areas and German cities such as Berlin, Hamburg and Cologne had created massive housing shortages. Meanwhile, fighting through agricultural areas and a critical manpower shortage had curtailed food production. What harvest there was could not get to hungry civilians because so many of Europe’s roads, bridges and ports had been destroyed.

    The United Kingdom, Italy, France, Germany and other European governments were buried in debt after so many years of war. They could not afford to rebuild on their own. Yet rather than cooperating on their mutual economic reconstruction, European nations looked inward, focusing primarily on their own political challenges.

    The continent was politically and militarily divided, too. Europe’s western half was influenced by the democratic, capitalistic forces led by the U.S. Eastern Europe was beholden to the communist, command-economy forces of the Soviet Union.

    In a 1946 speech at Westminster College in Fulton, Missouri, former British Prime Minister Winston Churchill articulated Europe’s growing postwar divide. Over the ruins of proud nations, he said, “an iron curtain” had “descended across the continent.”

    US looks abroad

    Unlike Europe, the U.S. emerged from World War II as the wealthiest nation in the world, with its territory intact and unharmed. Its steel and oil industries were booming. By 1947, the U.S. was the clear successor to Great Britain as the world’s superpower.

    But President Harry Truman feared the ambitions of the war’s other great victor – the Soviet Union. In March 1947, he announced a new doctrine to contain communist expansion southward across Europe by giving $400 million in military and economic aid to Greece and Turkey.

    Around the same time, U.S. Secretary of State George Marshall met with Soviet officials to plan Germany’s future. Following the Nazis’ surrender in May 1945, Germany had been divided into four occupied zones administered by U.S., British, French and Soviet forces.

    Each nation had its own goals for its section of Germany. The U.S. wanted to revitalize Germany politically and economically, believing that a moribund Germany would thwart the economic reconstruction of all of Europe.

    Marshall hoped that the Soviets would cooperate, but Soviet ruler Josef Stalin preferred extracting reparations from a prostrate Germany to investing in its recovery. A vibrant German economic engine, the Soviets felt, could just as easily rearm to attack the Russian countryside for the third time that century.

    The Truman administration chose to unilaterally rebuild the three western Allied sectors of Germany – and Western Europe.

    Marshall outlined his plan at a commencement address at Harvard University in June 1947. American action to restore global economic health, he said, would provide the foundation for political stability and peace in Europe. And an economically healthy Western Europe, in turn, would inhibit the spread of communism by plainly demonstrating the benefits of capitalism.

    “Our policy is not directed against any country,” Marshall said, “but against hunger, poverty, desperation and chaos.”

    Marshall’s plan

    Marshall invited all European nations to participate in drafting a plan to first address the immediate humanitarian aid of Europe’s people, then rebuild its infrastructure. The U.S. would pay for it all.

    For nearly bankrupt European nations, it was a lifeline.

    In September 1947, the new Committee for European Economic Co-operation, composed of 16 Western – but not Eastern – European nations, delivered its proposal to Washington.

    It would take a masterful legislative strategy for the Democratic Truman administration to persuade the Republican-led Congress to pass this $13 billion bill. It succeeded thanks to the dedicated effort of Republican Sen. Arthur Vandenberg, who convinced his isolationist colleagues that the Marshall Plan would halt the expansion of communism and benefit American economic growth.

    In April 1948, Truman signed the Economic Cooperation Act. By year’s end, over $2 billion had reached Europe, and its industrial production had finally surpassed prewar levels seen in 1939.

    NATO is born

    Along with economic stability, the Truman administration recognized that Europe needed military security to defend against communist encroachment by the Soviet Union.

    In July 1949, 12 European countries, the U.S. and Canada established the North Atlantic Treaty Organization. NATO committed each member country to the mutual defense of fellow NATO members.

    Since 1947, NATO has steadily expanded eastward to include Poland, Hungary, the Czech Republic and other former Soviet satellite states directly bordering Russia.

    Ukraine, which declared its independence from the Soviet Union in 1991, is not yet a NATO member. But it desperately wants to be.

    Ukraine applied for NATO membership in 2022 after Russia’s invasion. Its application is pending. Russian President Vladimir Putin has said any peace deal with Ukraine must bar NATO membership.

    Would a Marshall Plan work for Ukraine?

    Modern-day Ukraine mirrors the Western European countries of the Marshall Plan era in meaningful ways.

    It suffers from the physical devastation of war, with its major cities heavily damaged. The threat of military attack from hostile neighbors remains urgent. And it has a functional, democratic government that would – in peacetime – be capable of receiving and distributing aid to develop the nation’s economic growth and stability.

    U.S. global leadership, however, has changed dramatically since 1948.

    Outright American taxpayer financing of Ukraine’s reconstruction seems impossible. Any plan to reconstruct the country after war will likely require public funding from multiple nations and substantial private investment. That private investment could well include mineral extraction and refinement ventures.

    Ultimately, Ukraine’s recovery will most likely involve Ukraine and neighboring nations reaching agreement to restore its economic and military security. The European Union, which Ukraine also seeks to join, has the bureaucratic and economic resources necessary to reconstruct Ukraine, restore peace and ease tensions on the continent.

    Any future Marshall Plan for Ukraine will probably be European.

    Frank A. Blazich Jr. does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Ukraine will need major rebuilding when war ends − here’s why the US isn’t likely to invest in its recovery with a new Marshall Plan – https://theconversation.com/ukraine-will-need-major-rebuilding-when-war-ends-heres-why-the-us-isnt-likely-to-invest-in-its-recovery-with-a-new-marshall-plan-251872

    MIL OSI – Global Reports

  • MIL-OSI: ZOOZ Power’s Kinetic Power Booster Powers Ultra-Fast EV Charging at New York Power Authority Work Site in Upstate New York

    Source: GlobeNewswire (MIL-OSI)

    Tel-Aviv, Israel, March 24, 2025 (GLOBE NEWSWIRE) — ZOOZ Power (Nasdaq and TASE: ZOOZ), a leading provider of flywheel-based power boosters and energy management systems enabling ultra-fast EV charging solutions, is successfully operating its ZOOZTER-100 kinetic power booster at a New York Power Authority (NYPA) work site in Marcy, N.Y. This, the first deployment of ZOOZ Power’s technology in a power utility in the United States is a significant step toward accelerating the adoption of ultra-fast EV charging in locations with grid constraints.

    The ZOOZTER-100 system, installed in partnership with NYPA, is now actively boosting the grid power and efficiency at the site’s high-power EV charging station. This enables faster and more accessible charging for NYPA fleet and other electric vehicles, delivers extra power to the grid, and intelligently manages the energy distribution with its energy management solution. By leveraging advanced flywheel technology, the system delivers high-power bursts to chargers without placing excessive strain on the local grid, demonstrating a sustainable and cost-effective solution for expanding charging infrastructure.

    ZOOZ Power and NYPA are closely monitoring the site’s performance to optimize operations and assess the potential for broader implementation at additional locations.

    Launching this first U.S. deployment in the utility market marks an important step in ZOOZ Power’s expansion in North America and its mission to provide high-power, sustainable EV charging solutions worldwide.

    “We are thrilled to see our ZOOZTER-100 in action at this New York Power Authority site and to be able to contribute to the expansion of ultra-fast charging capabilities in New York,” said Erez Zimerman, CEO at ZOOZ Power. “This successful site showcases our commitment to supporting the transition to cleaner transportation with innovative, energy-efficient solutions. The ZOOZTER100’s operation demonstrates how it can assist companies to deploy ultra-fast charges without gird limitations.”

    Alan Ettlinger, NYPA Senior Director of Research, Technology Development and Innovation said, “The integration of ZOOZ Power’s kinetic power boosting technology at our Marcy site is an example of offsetting grid limitations. As we look to further expand EV fast charging in New York State, it is increasingly important to employ innovative solutions that demonstrate flexibility and reliability.”

    About ZOOZ Power

    ZOOZ is a leading provider of flywheel-based power boosting and energy management solutions, enabling the widespread deployment of ultra-fast charging infrastructure for electric vehicles (EVs) while overcoming existing grid limitations.

    ZOOZ pioneers its unique flywheel-based power-boosting technology, enabling efficient utilization and power management of a power-limited grid at an EV charging site. Its Flywheel technology allows high-performance, reliable, and cost-effective ultra-fast charging infrastructure.

    ZOOZ Power’s sustainable, power-boosting solutions are built with longevity and the environment in mind, helping its customers and partners accelerate the deployment of fast-charging infrastructure, thus facilitating improved utilization rates, better efficiency, greater flexibility, and faster revenues and profitability growth. ZOOZ is publicly traded on NASDAQ and TASE under the ticker ZOOZ

    For more information, please visit: www.zoozpower.com/

    Investor Contact:
    Miri Segal – CEO
    MS-IR LLC
    msegal@ms-ir.com

    Media enquiries:
    Media@zoozpower.com

    Forward-Looking Statement

    This press release contains “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of ZOOZ Power. All statements other than statements of historical facts contained in this press release, including statements regarding ZOOZ Power, and any of ZOOZ Power’s strategy, future operations and statements related to the collaboration between ZOOZ Power and NYPA (including the performance, benefits and potential outcome of the installation and launch of the ZOOZTER-100 system at the NYPA work site in Marcy, N.Y. and of the collaboration between the parties) are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause ZOOZ Power’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and other risks and uncertainties are more fully discussed in the “Risk Factors” section of ZOOZ’s most recent Annual Report on Form 20-F as filed with the U.S. Securities and Exchange Commission (“SEC”) as well as other documents that may be subsequently filed by the Company from time to time with the SEC. The words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements relating to the limited operating history and evolving business model that make it difficult for investors to evaluate ZOOZ Power’s business and future prospects, material weaknesses identified in ZOOZ Power’s internal control over financial reporting and the potential results of ZOOZ Power being unable to remediate these material weaknesses, or identify additional material weaknesses in the future or otherwise failure to maintain an effective system of internal control over financial reporting, ZOOZ Power’s management’s determination that substantial doubt exists about the continued existence of ZOOZ Power as a “going concern”, changes to fuel economy standards or changes to governments’ regulations and policies in relation to environment or the success of alternative fuels which may negatively impact the EVs market and thus the demand for ZOOZ Power’s products, delays in deployment of public ultra-fast charging infrastructure which may limit the need and urgency for ZOOZ Power’s products, the potential outcome of ZOOZ Power’s collaborations with third parties for installation of its flywheel-based power boosting solution, and conditions in Israel and in the Middle East, including the effect of the evolving nature of the ongoing “Swords of Iron” war, may adversely affect ZOOZ Power’s operations. These forward-looking statements are only estimations, and ZOOZ Power may not actually achieve the plans, intentions or expectations disclosed in any forward-looking statements, so you should not place undue reliance on any forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements made in this Press Release. Management of ZOOZ Power has based these forward-looking statements largely on current expectations and projections about future events and trends that such persons believe may affect ZOOZ Power’s business, financial condition and operating results. Forward-looking statements contained in this Press Release are made as of the date hereof, and none of ZOOZ Power or any of its representatives or any other person undertakes any duty to update such information except as may be expressly required under applicable law.

    The MIL Network

  • MIL-OSI Africa: Afreximbank Acts as Joint Global Coordinator on Arab Bank for Economic Development in Africa (BADEA)’s second EUR 750mn Senior Eurobond due 2028

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

    CAIRO, Egypt, March 24, 2025/APO Group/ —

    African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully acted as Joint Global Coordinator and Joint Lead Manager on second EUR 750 million RegS-only senior Eurobond issuance by the Arab Bank for Economic Development in Africa (“BADEA”) due March 2028 under its existing Euro Medium-Term Note (EMTN) programme listed on London Stock Exchange.

    The bond proceeds will fund general corporate purposes including loan book growth in Sub-Saharan Africa under BADEA’s 9th Strategic Plan 2025-2029.

    BADEA is a multilateral development lending institution established in 1974 and headquartered in Riyadh, Saudi Arabia.  It is owned by 18 League of Arab States (LAS) to channel development finance to 44 non-Arab Sub-Saharan African countries.

    The bond issuance was 3.0x oversubscribed by more than 60 high-quality institutional investors comprising central banks, asset managers, development finance institutions, pension funds and commercial banks from Europe, UK, Middle East, Africa and Asia. Proactive investor engagement by BADEA since debut issuance as well as market momentum enabled the issuer to upsize transaction by 50% versus original target as well as tighten credit spread by 15bps over 4-day marketing roadshow. The transaction eventually priced at 75bps over EUR mid-swaps rate with annual coupon 3.000%, thus achieving material enhancements versus debut 2024 bond issuance in terms of issuance size, credit spread and final coupon respectively.

    Afreximbank, through its Advisory and Capital Markets (ACMA) department, acted as Joint Global Coordinator and Joint Lead Manager to BADEA on this bond transaction for the second consecutive time alongside international banking partners.

    MIL OSI Africa

  • MIL-OSI: Silynxcom Advances its Revolutionary In-Ear Communication Solution with Real-Time Vital Signs Monitoring

    Source: GlobeNewswire (MIL-OSI)

    New potentially life-saving solution aims to enhance combat communication and safety

    Netanya, Israel, March 24, 2025 (GLOBE NEWSWIRE) — Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, today announced its latest innovation, the development of a tactical sound protection in-ear headset that combines real-time vital life signs monitoring with high communication capabilities. This advanced solution is designed to provide crucial health insights and real-time alerts for users in combat or high-risk environments.

    The new in-ear headset will integrate seamlessly with existing communication networks used in military and commercial operations with the transmission of alerts to commanders and command centers, even when the user is incapacitated. This solution will not require users to carry additional health monitoring equipment, making it ideal for operational personnel where mobility and efficiency are paramount.

    Silynxcom’s modular technology allows for future enhancements and customization, enabling the Company to continuously adapt to evolving industry needs.

    “We believe that our new in-ear communication solution with real-time health monitoring is a game-changer for both military and commercial operations,” said Nir Klein, Chief Executive Officer of Silynxcom. “This solution can protect users and also enhance their situational awareness while reducing the need for carrying additional health monitoring gear. We believe that our commitment to innovation and quality has made us a trusted partner for military and law enforcement agencies seeking reliable communication solutions that enhance safety and effectiveness in the field.”

    Silynxcom’s headsets offer three essential communication features: hearing protection; hearing enhancement for full situational awareness; and an in-ear microphone that detects inner auditory echo to ensure clear communication without the need for an external microphone. The Company’s in-ear headsets are widely recognized for their ability to seamlessly integrate with various professional-grade ruggedized radios used by military and special forces worldwide.

    About Silynxcom Ltd.

    Silynxcom Ltd. develops, manufactures, markets, and sells ruggedized tactical communication headset devices as well as other communication accessories, all of which have been field-tested and combat-proven. The Company’s in-ear headset devices, or In-Ear Headsets, are used in combat, the battlefield, riot control, demonstrations, weapons training courses, and on the factory floor. The In-Ear Headsets seamlessly integrate with third party manufacturers of professional-grade ruggedized radios that are used by soldiers in combat or by police officers in leading military and law enforcements units. The Company’s In-Ear Headsets also fit tightly into the protective gear to enable users to speak and hear clearly and precisely while they are protected from the hazardous sounds of combat, riots or dangerous situations. The sleek, lightweight, In-Ear Headsets include active sound protection to eliminate unsafe sounds, while maintaining ambient environmental awareness, giving their customers 360° situational awareness. The Company works closely with its customers and seek to improve the functionality and quality of the Company’s products based on actual feedback from soldiers and police officers “in the field.” The Company sells its In-Ear Headsets and communication accessories directly to military forces, police and other law enforcement units. The Company also deals with specialized networks of local distributors in each locale in which it operates and has developed key strategic partnerships with radio equipment manufacturers.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. For example, the Company uses forward-looking statements when it discusses: the belief that its new in-ear communication solution with real-time health monitoring is a game-changer for both military and commercial operations and can give Silynxcom a strategic advantage; this new communications solution is potentially life-saving; the belief that it will protect users and enhance users’ situational awareness while reducing the need for carrying additional health monitoring gear; and the belief that the Company’s commitment to innovation and quality has made it a trusted partner for military and law enforcement agencies seeking reliable communication solutions that enhance safety and effectiveness in the field. Forward-looking statements are based on Silynxcom’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 30, 2024, and other documents filed with or furnished to the SEC which are available on the SEC’s website, www.sec.gov. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    INVESTOR RELATIONS CONTACTS:

    Michal Efraty
    IR Manager
    ir@silynxcom.com

    The MIL Network

  • MIL-OSI: Maris-Tech to Report Full Year 2024 Financial Results and Provide Corporate Updates on April 2, 2025

    Source: GlobeNewswire (MIL-OSI)

    The Company will host a webinar with investors on Wednesday, April 2, 2025, at 9:00 a.m., Eastern Time

    Rehovot, Israel, March 24, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”) based edge computing technology, today announced that it will host a webinar on Wednesday, April 2, 2025, at 9:00 a.m., Eastern Time, to discuss the Company’s 2024 financial results and provide an update on its business operations and annual highlights, following the expected release of the Company’s financial results for the year ended December 31, 2024 and the filing of the related Annual Report on Form 20-F with the Securities and Exchange Commission (“SEC”) on March 28, 2025.

    Webinar Information:
    Date: Wednesday, April 2, 2025
    Time: 9:00 a.m., Eastern Time

    To participate in the webinar, please register in advance via the link below.

    Link: https://shorturl.at/tnwjX

    To ensure you are connected prior to the beginning of the webinar, the Company encourages participants to log-in at least 5 minutes before the start of the webinar.

    About Maris-Tech Ltd.

    Maris-Tech is a global leader in video and AI-based edge computing technology, pioneering intelligent video transmission solutions that conquer complex encoding-decoding challenges. Our miniature, lightweight, and low-power products deliver high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics. Founded by Israeli technology sector veterans, Maris-Tech serves leading manufacturers worldwide in defense, aerospace, Intelligence gathering, homeland security (HLS), and communication industries. We’re pushing the boundaries of video transmission and edge computing, driving innovation in mission-critical applications across commercial and defense sectors.

    For more information, visit https://www.maris-tech.com/

    Forward-Looking Statement Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect”,” “may”, “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is using forward-looking statements when it is discussing: the timeline for the release of the Company’s financial results for the year ended December 31, 2024 and the filing of the Annual Report on Form 20-F and the date of the investor webinar. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: its ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2023, filed with the SEC on March 21, 2024, and its other filings with the SEC. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations:

    Nir Bussy, CFO
    Tel: +972-72-2424022
    Nir@maris-tech.com

    The MIL Network

  • MIL-OSI: Wearable Devices to Expand AI-Powered Bio-Signal Intelligence with LMM for Health Monitoring Potential Uses

    Source: GlobeNewswire (MIL-OSI)

    Yokneam Illit, Israel, March 24, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced the expansion of its Large Motor Unit Action Potential Model (“LMM”) into new potential markets, such as predictive health monitoring and cognitive state analytics. This development will enable the broadening of bio-signal intelligence applications beyond wearables and will offer businesses and healthcare providers access to real-time physiological insights for monitoring health and wellness conditions.

    This announcement follows Wearable Devices’ recent introduction of LMM as a groundbreaking AI-driven bio-signal platform focused on gesture-based control in extended reality (“XR”) and neural interaction with digital devices. The Company’s LMM approach to analyzing muscle activity signals will support the expansion into the field of health monitoring, enabling users to enhance their performance across various domains.

    From Passive Monitoring to Proactive Intelligence

    Unlike traditional bio-sensors that collect data passively, LMM continuously learns and adapts, turning muscle activity signals from the wrist into actionable insights. The technology is now being evaluated in controlled environments for real-world applications, including:

    • Predictive Health Monitoring – Detecting hidden patterns in muscle activity that may indicate early signs of health conditions before symptoms appear, revolutionizing preventive diagnostics and digital health tracking.
    • Cognitive State & Performance Analytics – Monitoring focus, fatigue, and stress levels through muscle tone and micro-movements, optimizing work productivity and mental well-being.
    • Exploring Predictive Analytics – Assessing whether continuous monitoring of neural data can improve AI-driven user behavior predictions.

    A Platform for Innovation: Opening LMM to Business Partners

    Recognizing the transformative potential of bio-signal intelligence, Wearable Devices is intending to make LMM available to enterprises, researchers, and developers. The Company’s AI-powered bio-signal data platform is expected to enable businesses to:

    • Develop custom applications tailored to healthcare and sports for athletic performance optimization.
       
    • Integrate real-time physiological insights into enterprise solutions to enhance safety, performance, and productivity.
       
    • Leverage LMM’s AI engine to continuously refine predictive health and interaction models.

    Following the initial evaluation phase, Wearable Devices aims to accelerate commercialization and strategic partnerships across the health sector, reinforcing its position as a pioneer in bio-signal intelligence and neural interface technology.

    “We believe LMM represents the next leap in bio-signal intelligence,” said Guy Wagner, President and Chief Scientific Officer of Wearable Devices. “Beyond XR and wearable computing, LMMs will allow us to enter markets that need real-time physiological insights – helping businesses, AI based health platforms, and healthcare providers to gain insights that will transform and personalize their services at scale.”

    About Wearable Devices Ltd.

    Wearable Devices Ltd. is a pioneering growth company revolutionizing human-computer interaction through its AI-powered neural input technology for both consumer and business markets. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s innovative products, including the Mudra Band for iOS and Mudra Link for Android, enable seamless, touch-free interaction by transforming subtle finger and wrist movements into intuitive controls. These groundbreaking solutions enhance gaming, and the rapidly expanding AR/VR/XR landscapes. The Company offers a dual-channel business model: direct-to-consumer sales and enterprise licensing. Its flagship Mudra Band integrates functional and stylish design with cutting-edge AI to empower consumers, while its enterprise solutions provide businesses with the tools to deliver immersive and interactive experiences. By setting the input standard for the XR market, Wearable Devices is redefining user experiences and driving innovation in one of the fastest-growing tech sectors. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq under the symbols “WLDS” and “WLDSW,” respectively.

    Forward-Looking Statements Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss the benefits and advantages of our devices and technology, including the potential of LMMs, the potential to accelerate commercialization and strategic partnerships across the health sector, and entering markets that need real-time physiological insights. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2024, filed on March 20, 2025 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations Contact
    Michal Efraty
    IR@wearabledevices.co.il

    The MIL Network

  • MIL-OSI Europe: AFRICA/DR CONGO – Angola withdraws from peace mediation in the east of the Democratic Republic

    Source: Agenzia Fides – MIL OSI

    Monday, 24 March 2025 wars  

    Kinshasa (Agenzia Fides) – Angola has ended its mediation in the war in the east of the Democratic Republic of Congo. The Angolan Presidency announced this in a communiqué today, March 24: “Angola considers it necessary to absolve itself of the responsibility of mediating in this conflict” in order to dedicate itself “more” to the general priorities of the African Union (AU), according to the statement from the Presidency, referring to the role of Angolan President Joao Lourenco as acting President of the African Union.”In the coming days, another African Head of State will be entrusted with this task,” the statement reads. In the meantime, the mediation initiated by Qatar will continue (see Fides, 20/3/2025). In a statement released today, the country’s foreign minister welcomed “the declarations by the Democratic Republic of Congo and the Republic of Rwanda of their commitment to de-escalation and reducing tensions in eastern Congo following the announcement of the M23 withdrawal from the Walikale area,” which he described as “an important step towards stability and peace in the region.”The town of Walikale, in the Congolese province of North Kivu, was captured by M23 militants on March 19 (see Fides, March 20, 2025). Despite rebel claims, local sources say the M23 is still present in the town. According to some sources, however, the M23 has stated that it delayed its withdrawal from Walikale because the Congolese army (FARDC) had not withdrawn its combat drones from the area. Control of Walikale is of strategic importance because it would enable the M23 and its supporting Rwandan units to capture Kisangani, the capital of Tshopo Province, a key trade and transit hub located at the confluence of three rivers on the road to Kinshasa, the Congolese capital.In this context, statements by the Chief of Staff of the Ugandan Army, Muhoozi Kainerugaba, son of President Yoweri Museveni, published on Platform X, are also contradictory. Kainerugaba stated that his army or the M23 rebels would invade Kisangani at any time on the orders of President Yoweri Museveni. He allegedly wanted to protect the people of the Democratic Republic of Congo and emphasized that he would not allow residents of Ugandan origin from the Alur, Bahema, Banande, and Batutsi ethnic groups to suffer and that he had the right to protect them. Kainerugaba also advised US President Donald Trump not to conclude any mining agreement in East Africa without Uganda and Rwanda. He was referring to the meeting between Congolese President Felix Tshisekedi and Republican US Congressman Ronny Jackson, which discussed the fighting in the east of the country and opportunities for US investment in the Congolese mining sector. In return for US support in the fight against the M23 rebels, Tshisekedi would be willing to grant US companies exclusive access to key mining and infrastructure projects in the DRC. (L.M.) (Agenzia Fides, 24/3/2025)
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  • MIL-OSI Europe: ASIA/BAHRAIN – The community of the Apostolic Vicariate of Northern Arabia welcomed the Latin Patriarch of Jerusalem: Spirit of harmony and interreligious collaboration

    Source: Agenzia Fides – MIL OSI

    Monday, 24 March 2025

    Avona

    Manama (Agenzia Fides) – The three-day visit of the Cardinal Latin Patriarch of Jerusalem Pierbattista Pizzaballa, who arrived in Bahrain on Thursday 20 March, ended yesterday, Sunday 23 March. It was a significant moment for the Catholic community of the Apostolic Vicariate of Northern Arabia who, in the person of Bishop Aldo Berardi, O.SS.T., accompanied by members of the local clergy, including a delegation of priests and representatives of the King Hamad Global Center for Peaceful Coexistence, welcomed the arrival of the Patriarch at Manama airport.The Apostolic Vicar of Northern Arabia Aldo Berardi highlighted how the presence of the members of the King Hamad Global Center for Peaceful Coexistence confirmed the spirit of harmony and interreligious collaboration that Bahrain has been promoting in recent years.In his homily in the solemn mass celebrated at the Cathedral of Our Lady of Arabia, Awali, the Cardinal emphasized on the importance of Co-existence and tolerance, importance of peace, mutual respect, and understanding in today’s increasingly complex world.The Latin Patriarch prayed for the Christian community in the region and for the ongoing efforts to promote harmony among the different religious communities in the Middle East.On the very same day, Cardinal Pierbattista Pizzaballa, the Latin Patriarch of Jerusalem, was warmly welcomed by the faithful at the Sacred Heart Catholic Church in Manama. Accompanied by Bishop Aldo Berardi, Vicar of the Apostolic Vicariate of Northern Arabia, the Cardinal was received with great joy. Again, during the solemn Mass, Cardinal Pizzaballa spoke about the beauty of diversity within the Church of Bahrain. He emphasized how the varied cultural backgrounds of the faithful enrich the Church, creating a vibrant and harmonious community united in faith. His message resonated deeply, highlighting the universal nature of the Catholic Church and its ability to bring people together beyond national and ethnic differences.During his stay, Cardinal Pizzaballa met with local Christian leaders, celebrated the Eucharist with the faithful, and engaged in meetings on religious coexistence, dialogue, and pastoral care for the region’s Catholic community. His visit reaffirms the commitment of the Church to strengthening the bonds of faith and fraternity in the Arabian Peninsula.In addition, among the particularly significant events of his stay in Bahrain, mention should be made of Cardinal Pizzaballa’s participation, always accompanied by the Apostolic Vicar Berardi, in a conference held at the King Hamad Global Center for Peaceful Coexistence, in the presence of the Executive Director, Abdulla Isa AlManai. This important gathering provided an invaluable platform for the exchange of ideas and experiences among religious leaders. It highlighted the importance of dialogue in building bridges of peace and strengthening the bonds of solidarity among communities. Reflecting on his visit, the Cardinal remarked on the importance of cultural understanding in buildingbridges between communities. He praised Bahrain’s dedication to preserving its history and promoting dialogue among people of different backgrounds.This visit – reads the note sent to Fides by the Apostolic Vicariate of Northern Arabia – underscored the strong cultural and interfaith ties between Bahrain and the wider global community, reinforcing the nation’s reputation as a place of tolerance and historical significance. This visit is part of Cardinal Pizzaballa’s broader mission to engage with Catholic communities across the region, strengthening their faith and fostering a deeper connection with the Church. His presence in Bahrain was a testament to the enduring spiritual vitality of the Catholic community in the Gulf, inspiring a renewed sense of unity and commitment among the faithful.Bahrain, known for its dedication to religious tolerance and peaceful coexistence, has welcomed numerous religious leaders in recent years. The reception of Cardinal Pizzaballa further reflects the nation’s commitment to fostering interfaith dialogue and mutual understanding among different religious traditions. (AP) (Agenzia Fides, 24/3/2025)
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  • MIL-OSI China: US, Russia start fresh talks in Saudi Arabia

    Source: China State Council Information Office

    This photo taken on March 24, 2025 shows the hotel where U.S. and Russian delegations begin a new round of talks in Riyadh, Saudi Arabia. [Photo/Xinhua]

    U.S. and Russian delegations began a new round of talks in Saudi Arabia on Monday, eyeing a Ukraine settlement and Black Sea ceasefire deal before securing a broader agreement.

    The talks follow a meeting between the United States and Ukraine in Saudi Arabia on Sunday. Last week, Trump held phone talks with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky on Tuesday and Wednesday, respectively.

    The U.S. delegation is led by Andrew Peek, a senior director at the White House National Security Council, and Michael Anton, a senior official from the State Department, according to local media Al Arabiya News.

    Russia is represented by Grigory Karasin, chair of the Federation Council’s Foreign Affairs Committee and a former diplomat, along with Sergei Beseda, an adviser to the director of the Federal Security Service, it said.

    MIL OSI China News

  • MIL-OSI Africa: The International Islamic Trade Finance Corporation (ITFC) Signs EUR 40 Million Trade Finance Agreement to Strengthen Comoros’ Energy Security

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

    JEDDAH, Saudi Arabia, March 24, 2025/APO Group/ —

    The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, signed a EUR 40 million trade finance agreement with the Union of Comoros to support the country’s energy sector. In line with the US$330 million three-year Framework Agreement signed in September 2024, this facility will enable Société Comorienne d’Hydrocarbures (SCH), as the executing agency, to import refined petroleum products and liquefied petroleum gas (LPG), ensuring a steady and reliable energy supply for businesses and households.

    This financing is a crucial step in maintaining energy security, economic resilience, and social stability in the country by providing up to 100 percent of the country’s estimated 100,000 cubic meters of annual petroleum imports requirement.

    The agreement was signed by H.E. Ibrahim Mohamed Abdourazak, Minister of Finance, Budget, and Banking Sector of the Union of Comoros, and Abdihamid Abu, General Manager, Trade Finance, ITFC.

    Commenting on the signing, Abdihamid Abu, stated: “This financing reaffirms ITFC’s long-standing commitment to Comoros. By ensuring a stable energy supply, we are not only safeguarding essential services and industries but also driving broader economic growth, fostering resilience, and supporting the nation’s long-term development agenda.”

    Since 2008, ITFC has extended a total of US$657 million in financing to the Union of Comoros, with SCH serving as the executing agency in 26 trade finance operations. This latest agreement builds on that strong track record, further reinforcing ITFC’s strategic partnership with Comoros while supporting energy security (SDG 7), industrial growth (SDG 9), and economic stability (SDG 8).

    As part of its broader mission, ITFC remains dedicated to enhancing trade finance accessibility and strengthening economic resilience, in its member countries. By securing critical imports such as petroleum products, ITFC ensures that Comoros can sustain its economic momentum, protect jobs, and enhance the quality of life for its citizens.

    MIL OSI Africa

  • MIL-OSI Africa: Minister leads G20 environment working group

    Source: South Africa News Agency

    Minister of Forestry, Fisheries and the Environment, Dr Dion George, will this week lead the Group of Twenty (G20) Environment and Climate Sustainability Working Group (ECSWG) as part of South Africa’s Presidency of the G20. 

    “It is expected that the outcome of this first virtual G20 ECSWG meeting will provide strategic direction and a common understanding amongst G20 Member States on the key environmental and climate change priorities and deliverables,” the Minister said on Sunday.

    Taking place under the theme: “Solidarity, Equality, and Sustainability,” the Minister is expected to open the meeting on Tuesday, by setting the scene for South Africa’s Presidency of the G20 ECSWG, provide an opportunity to discuss the five priorities and deliverables, and also present the proposed work plan for the G20 ECSWG for 2025.

    The priority focus areas for South Africa’s Presidency of the G20 ECSWG include:

    • Biodiversity and Conservation – Implementation of the Global Biodiversity Framework and the Biodiversity Economy;
    • Land Degradation, Desertification and Drought – Land Degradation Neutrality targets;
    • Chemicals and Waste Management – Sustainable Chemicals Management; Circular Economy; Waste Management; Waste to Energy; Extended Producer Responsibility (EPR) implementation;
    • Climate Change and Air Quality – Just Transition; Loss and Damage; Adaptation, including Climate Resilient Development (CRD); Climate Finance and Air Quality; and
    • Oceans and Coastal Management – Marine Spatial Planning – ocean governance; combatting marine plastic pollution.

    The G20 ECSWG aims to enhance cooperation amongst all G20 members and invitees to address environmental and climate change priorities. 

    The G20 comprises 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom and United States, as well as two regional bodies, namely the European Union and the African Union.

    The G20 members represent about two-thirds of the world population, approximately 85% of the global GDP and over 75% of the global trade. 

    This platform is considered as the leading forum for international economic cooperation and plays an important role in shaping and strengthening global architecture and governance on all major international economic issues.

    South Africa’s Presidency of the G20 commenced on 01 December 2024 and will continue until 30 November 2025. 

    The Presidency will build upon on the achievements of India (2023 Presidency) and Brazil (2024 Presidency), to ensure continuity in advancing the developmental agenda within the G20. 

    “South Africa’s G20 Presidency provides a unique opportunity for the country to champion the aspirations of emerging market economies and lead the developmental agenda of the African Continent within the framework of the G20.”

    A total of three G20 ECSWG meetings and one ECSWG Ministerial meeting will be held in South Africa, with the first virtual meeting scheduled to take place from 25 – 28 March 2025; followed by the second meeting from 14-18 July 2025 at Kruger National Park, and the final meeting in October 2025 at Cape Town.

    The Ministerial meeting will be held back-to-back with the third ECSWG meeting in October 2025.

    The department will also roll out outreach and awareness activities in the buildup to the three G20 ECSWG meetings throughout the country to amplify the messaging on the focus areas for the G20 ECSWG.

    “The department will leverage South Africa’s Presidency of the G20 to market and showcase the Kruger-Kirstenbosch-iSimangaliso Icon Status Strategy (KISS). Some of the meetings and activities will take place at these iconic world-class sites to showcase them on the global stage,” the Minister said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Asia-Pac: Speech by FS at Milken Institute Global Investors’ Symposium Hong Kong (English only)

    Source: Hong Kong Government special administrative region

    Speech by FS at Milken Institute Global Investors’ Symposium Hong Kong (English only) 
    Laura (Executive Vice President of Milken Institute International, Ms Laura Deal Lacey), Robin (Chair of Asia, Milken Institute, Mr Robin Hu), distinguished guests, ladies and gentlemen,
     
    Good afternoon. I am delighted to join you once again for the Milken Institute Global Investors’ Symposium. Allow me first to express my sincere appreciation to the Milken Institute for bringing this exceptional platform back to Hong Kong for its second edition.
     
    Today, we welcome over 400 senior executives from a diverse array of industries and markets worldwide. The theme for the Symposium this year, “Connecting Global Markets: Partnerships for Resilience”, is particularly timely. In today’s complex global landscape, brimming with challenges and uncertainties, it is clear that we can build resilience and achieve mutual growth only by strengthening connections, forming partnerships and enhancing collaboration. And Hong Kong, as an international financial centre, is uniquely positioned to catalyse this endeavour.
     
    Hong Kong: a resilient city
     
    To begin with, allow me to share with you the remarkable resilience of Hong Kong’s economy and financial markets.
     
    Over the past year, despite external headwinds, Hong Kong’s economy continued to grow steadily, expanding by 2.5 per cent. Inflation remained low at 1.1 per cent. The latest unemployment rate is at 3.2 per cent.
     
    International confidence in our financial markets has evidently strengthened. Last year, bank deposits in Hong Kong rose by 7 per cent, i.e. about US$140 billion. Driven by investments by institutional investors seeking to rebalance their investment portfolio, as well as market enthusiasm ignited by recent tech breakthroughs led by DeepSeek and others, the Hang Seng Index has surged some 20 per cent within a span of three months. This was on top of the increase of 18 per cent in 2024. The average daily turnover of our stock market rose to over US$28 billion in the first two months of this year, a remarkable 70 per cent increase from that of last year.
     
    Our IPO (initial public offerings) market also made a comeback, raising some US$11 billion last year and ranking fourth globally. Now, more than 100 companies are in the pipeline for listing. This year, we are expecting to raise some US$17 to $20 billion.
     
    Just last week, Hong Kong again ranked third in the Global Financial Centres Index, with overall scores catching up to that of the champion New York. In particular, we ranked first globally in “investment management”, “insurance” and “finance”. In fintech, we leapt by five places to fourth in the world.
     
    Besides, Hong Kong was once again ranked as the freest economy in the world, and the fifth most competitive economy. We stay firm as a free port, open to business, and committed to supporting the rules-based multilateral trading system.
     
    Last year, the number of regional headquarters, regional offices and local offices operated by Mainland and overseas companies rose by nearly 10 per cent, reaching an all-time high to around 10 000.
     
    2024 was also a great year for inbound tourism, with visitor arrivals rebounded to 45 million, rising by 30 per cent year-on-year. The surge of visitors highlighted Hong Kong’s charm as a top-notch business and tourism destination.
     
    Beyond numbers, Hong Kong remains an open, vibrant and diverse city. This month marks our “Super March” – with an impressive array of world-class events: from the artistic vibrancy of Art Basel and the spectacular LIV Golf, to the electrifying Hong Kong Sevens and the innovation-driven ComplexCon. Alongside these events, we have global business gatherings such as the Wealth for Good Summit and, of course, this Symposium. These events celebrate and showcase Hong Kong as an international meeting point for finance, culture, sports, creativity and fun! I hope you all can stay a bit longer – until this Sunday – to enjoy these happenings.
     
    Overall, the Hong Kong economy is marching forward steadily with renewed momentum. Let me tell you why.
     
    New Frontiers in Finance
     
    First, we are implementing reforms to strengthen the vitality and competitiveness of our financial markets. Fund-raising is an important function of any IFC (international financial centre), and Hong Kong offers a full range of funding options, from angel investment to private equity to IPOs. We continue to review our listing regime, enhance product offerings and attract more quality issuers and new capital. The goal is clear: to create a more dynamic and attractive capital market that provides diversified opportunities for investors.
     
    Another key area is asset and wealth management. Hong Kong remains one of the world’s prime wealth management centres, managing approximately US$4 trillion in assets. The number of family offices in our city has gone beyond 2 700, with half of them managing assets exceeding US$50 million. By 2028, Hong Kong is anticipated to become the world’s largest cross-boundary wealth management centre. This year, we seek to further enhance the tax concessions for funds and single family offices.
     
    And insurance, too. Hong Kong has the highest insurance density in Asia. The gross premiums of insurers continue to grow, rising by 12 per cent and reaching US$62 billion in the first three quarters last year. What’s more, the Greater Bay Area offers tremendous business opportunities for insurers operating in Hong Kong.
     
    New Markets and New Capital
     
    Second, we are also opening up new markets and new capital channels. Many economies in the Global South have young populations, expanding middle classes and growing investment needs for ambitious infrastructure projects, digitalisation and green transition plans. While Hong Kong continues to treasure and reinforce the relationship with traditional partners in Europe and the Americas, we are forging closer partnerships with emerging economies.
     
    For example, last October we listed two ETFs (exchange-traded funds) tracking Hong Kong stocks on the Saudi Arabia Stock Exchange. We are collaborating with stock exchanges across ASEAN (Association of Southeast Asian Nations) and the Gulf Region to encourage more quality companies to pursue dual primary or secondary listing in this city.
     
    We believe there is also room to work with emerging economies on more cross-boundary, market connectivity arrangements akin to the Connect Schemes that we have established with the Mainland.
     
    The collaboration between Hong Kong and new markets extends well beyond finance. The tech prowess of Hong Kong and the GBA (Guangdong-Hong Kong-Macao Greater Bay Area) as a whole as well as startups are highly valued around the world. We endeavour to connect them with partners in the emerging economies to foster industry partnership.
     
    To support the matching of capital and projects, we will host the inaugural Hong Kong Global Financial and Industry Summit in June. The event will bring together hundreds of global enterprises, tech firms and funds to drive industrial collaboration through financial empowerment.
     
    And we are strategically placed to help Mainland companies go global. Many Mainland enterprises are realigning their industrial and supply chains across the Global South. They need project and trade financing, corporate treasury services as well as professional consultancy. Hong Kong is ready to offer all that – from global capital and talent, world-class professional services to extensive international connections.
     
    Tech innovation driven by AI (artificial intelligence)
     
    The third of our new economic impetus is innovation and technology, driven by AI in particular.
     
    The rapid development of AI is reshaping the global economic landscape. AI+, which emphasises the deep integration of AI across different industries, is transforming traditional production, businesses and consumption models, very much redefining the core competitiveness of economies worldwide.
     
    In the Government’s Budget delivered a few weeks ago, I outlined the vision for Hong Kong to establish AI as a core industry and to empower the transformation of traditional sectors. Hong Kong has all it takes to thrive on this front.
     
    A unique advantage of Hong Kong is that we serve as a convergence point of both Mainland and international data and talent. Coupled with strong research capabilities of five of our world’s leading universities, we have a strong foundation for cutting-edge AI research and applications. A case in point is the area of life science, where the integration of AI is particularly promising, as it enhances drug design, accelerates clinical trials, and improves patient outcomes through personalised medicine. 
     
    Hong Kong’s ambitions for innovation and technology are more hopeful with our deepening collaboration with the sister’s cities in the GBA, one of the world’s leading innovation ecosystems. The Northern Metropolis, bordering Shenzhen, will serve as the bridgehead for this collaboration. Home to a 300-hectare I&T cluster, it covers the “Loop”, or “Hetao”, where we will experiment with innovative policies that facilitate the safe and orderly flow of people, capital, goods, data and even bio samples with Shenzhen.
     
    To realise these ambitions, we are actively attracting strategic enterprises in four industries to set foot in Hong Kong. They are AI and data science, life and health technology, fintech, advanced manufacturing and new energy. So far we have attracted more than 80 such enterprises, and together they would invest some US$60 billion in our city, creating some 20 000 jobs. 
     
    We also recognise the importance of patient capital. That is why we have established the Hong Kong Investment Corporation (HKIC), which actively guides strategic investments into companies in key sectors at their nascent stage. The HKIC has already invested in more than 90 projects and formed a number of strategic partnerships. For every dollar it invested, it has mobilised four dollars of private capital. Riding on this positive momentum, we are optimistic that Hong Kong will be able to achieve more advancements in the realms of innovation and technology.
     
    Concluding remarks
     
    Ladies and gentlemen, Hong Kong remains one of the world’s most open, dynamic and globally connected financial centres. Our strong fundamentals, resilient economy, unique role as a gateway to the Chinese Mainland and Asia, as well as our great stride to develop financial services and the tech sector, continue to provide unparalleled opportunities for global investors.
     
    May I wish you all the best of business and health in the years to come. Thank you.
    Issued at HKT 14:16

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    MIL OSI Asia Pacific News

  • MIL-OSI: Trust Wallet Reaches 200 Million Downloads Milestone

    Source: GlobeNewswire (MIL-OSI)

    With this milestone, Trust Wallet cements its position as the #1 crypto wallet

    DUBAI, United Arab Emirates, March 24, 2025 (GLOBE NEWSWIRE) — Trust Wallet, the world’s leading self-custody Web3 wallet, has surpassed 200 million total downloads, marking a game-changing milestone in the industry. Trust Wallet stands as the most widely used non-custodial wallet globally for onchain users, cementing its role as a key gateway to Web3.

    Since its launch in 2017, Trust Wallet has played a pivotal role in onboarding millions into crypto. Initially introduced as an Ethereum wallet, it has evolved into a chain-agnostic, multi-chain Web3 hub, now supporting over 10 millions assets across 100+ blockchains, along with a suite of features that empower users to navigate their entire Web3 journey—from buying their first cryptocurrency to swapping, staking, exploring the decentralized web, and beyond.

    Eowyn Chen, CEO of Trust Wallet, commented on the achievement:

    “Reaching 200 million downloads is a real testament to the trust from the users. In a rapidly evolving industry, our mission has remained the same: empower people with freedom to own and access opportunities. We’re proud of this milestone, but even more humbled and excited about the future as we have many things on the roadmap for our global community. We got to work harder.”

    Trust Wallet has carved out a significant space for itself in the competitive landscape of cryptocurrency wallets. This success can be attributed to a combination of core principles that focus on user experience, community, trust and security.

    What’s Fuelling Trust Wallet’s Growth?

    With millions of users worldwide and a fast-growing community, Trust Wallet continues to expand its reach through compelling features, product innovations, and user-centric initiatives. Its recent growth and success points to a relentless focus on usability, innovation, and security. The wallet strikes a balance between onboarding new users and offering advanced tools for experienced users.

    Examples of Trust Wallet’s innovations include:

    • Enhanced user experience (UX): A streamlined interface designed for both newcomers and pros.
    • MEV Protection: Built-in safeguards to protect users from front-running attacks on crypto swaps. This also helps ensure fair swap pricing.
    • Support for 100+ blockchains: From Solana, Ethereum, BSC, and Base to Tron and beyond, Trust Wallet provides access to the most active ecosystems in Web3.
    • Industry-leading security features: A non-custodial approach that gives users full control of their digital assets—no middlemen, no compromises.

    Building a Future-Proof Web3: Trust Wallet’s Vision and Beyond

    As the on-chain economy evolves and AI-driven innovations take shape, Trust Wallet is focused on bridging the gap between Web2 simplicity and Web3 autonomy. The goal is to make decentralized finance (DeFi) and digital ownership more intuitive, secure, and accessible for millions of users.

    Web3 isn’t just about holding assets—it’s about seamless, intelligent, and secure interactions across decentralized applications (dApps), finance, gaming, and beyond. Trust Wallet continues to expand its capabilities to give users the tools and insights needed to navigate the decentralized world with confidence.

    Key Focus Areas for 2025:

    • Expanding Key Partnerships: Trust Wallet is working with blockchain ecosystems, dApps, and service providers to improve cross-chain capabilities, DeFi access, NFT utilities, and real-world asset tokenization.
    • AI-Powered Enhancements: AI-driven insights and automation will help users make safer, smarter crypto decisions. Features like personalized security alerts, intelligent transaction analysis, and adaptive user experiences will simplify Web3 interactions.
    • Strengthening Security & Compliance While Preserving Self-Custody: With a focus on true ownership and decentralization, Trust Wallet is enhancing security infrastructure, refining compliance where necessary, and ensuring that users maintain full control of their assets without intermediaries.

    By improving usability, security, and intelligence, Trust Wallet is ensuring that more people can explore and benefit from the decentralized economy with confidence.

    About Trust Wallet

    Trust Wallet is the secure, self-custody Web3 wallet and gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, as well as buy, sell, and stake crypto to earn rewards — all in one place and without limits.

    For media enquiries, contact:

    press@trustwallet.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2946c160-2cb0-45d9-9870-ae2f8e00cb44

    The MIL Network