Category: Middle East

  • India has never faced fuel shortage, says Hardeep Puri

    Source: Government of India

    Source: Government of India (4)

    Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday said India has never faced a shortage of petroleum products, even during the Covid pandemic or global conflicts, crediting the government’s foresight for ensuring uninterrupted supplies.

    “Whether it was the period of the global Covid pandemic or geopolitical tensions, there has never been a shortage of petroleum products in India. This has been possible due to the foresight of Prime Minister Narendra Modi,” Puri said.

    Referring to the recent tensions in the Middle East, including the Israeli attack on Iran that disrupted shipping and threatened closure of the Strait of Hormuz, Puri said India has gradually reduced its dependence on the critical passage.

    “Under Prime Minister Modi’s leadership, we have diversified our supplies in recent years, and a large share of our imports no longer passes through the Strait of Hormuz,” he said.

    India meets about 85 per cent of its crude oil needs through imports. A spike in global oil prices directly raises its import bill and fuels inflation, impacting economic growth. To cushion this, India has expanded its oil sources, ramping up imports from Russia and the US, and building strategic reserves.

    The minister said India now has 23 operational refineries with a combined capacity of 257 million metric tonnes per annum. He also highlighted the setting up of strategic petroleum reserves to ensure supply security during disruptions.

    The country’s storage capacity includes 2.25 million metric tonnes at Pudur, 1.33 MMT at Visakhapatnam, and 1.5 MMT at Mangalore.

    Puri also pointed to the government’s push for green fuels, noting that India has met its target of 20 per cent ethanol blending with petrol six years ahead of schedule. E20 petrol is now available at outlets of Indian Oil, Bharat Petroleum, and Hindustan Petroleum across the country.

    “This achievement not only cuts carbon emissions but also saves huge amounts of money. We have saved over Rs 1 lakh crore domestically and Rs 1.5 lakh crore in foreign exchange by reducing our import bill, and this money has gone to our farmers,” he said.

    — IANS

  • India has never faced fuel shortage, says Hardeep Puri

    Source: Government of India

    Source: Government of India (4)

    Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday said India has never faced a shortage of petroleum products, even during the Covid pandemic or global conflicts, crediting the government’s foresight for ensuring uninterrupted supplies.

    “Whether it was the period of the global Covid pandemic or geopolitical tensions, there has never been a shortage of petroleum products in India. This has been possible due to the foresight of Prime Minister Narendra Modi,” Puri said.

    Referring to the recent tensions in the Middle East, including the Israeli attack on Iran that disrupted shipping and threatened closure of the Strait of Hormuz, Puri said India has gradually reduced its dependence on the critical passage.

    “Under Prime Minister Modi’s leadership, we have diversified our supplies in recent years, and a large share of our imports no longer passes through the Strait of Hormuz,” he said.

    India meets about 85 per cent of its crude oil needs through imports. A spike in global oil prices directly raises its import bill and fuels inflation, impacting economic growth. To cushion this, India has expanded its oil sources, ramping up imports from Russia and the US, and building strategic reserves.

    The minister said India now has 23 operational refineries with a combined capacity of 257 million metric tonnes per annum. He also highlighted the setting up of strategic petroleum reserves to ensure supply security during disruptions.

    The country’s storage capacity includes 2.25 million metric tonnes at Pudur, 1.33 MMT at Visakhapatnam, and 1.5 MMT at Mangalore.

    Puri also pointed to the government’s push for green fuels, noting that India has met its target of 20 per cent ethanol blending with petrol six years ahead of schedule. E20 petrol is now available at outlets of Indian Oil, Bharat Petroleum, and Hindustan Petroleum across the country.

    “This achievement not only cuts carbon emissions but also saves huge amounts of money. We have saved over Rs 1 lakh crore domestically and Rs 1.5 lakh crore in foreign exchange by reducing our import bill, and this money has gone to our farmers,” he said.

    — IANS

  • India has never faced fuel shortage, says Hardeep Puri

    Source: Government of India

    Source: Government of India (4)

    Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday said India has never faced a shortage of petroleum products, even during the Covid pandemic or global conflicts, crediting the government’s foresight for ensuring uninterrupted supplies.

    “Whether it was the period of the global Covid pandemic or geopolitical tensions, there has never been a shortage of petroleum products in India. This has been possible due to the foresight of Prime Minister Narendra Modi,” Puri said.

    Referring to the recent tensions in the Middle East, including the Israeli attack on Iran that disrupted shipping and threatened closure of the Strait of Hormuz, Puri said India has gradually reduced its dependence on the critical passage.

    “Under Prime Minister Modi’s leadership, we have diversified our supplies in recent years, and a large share of our imports no longer passes through the Strait of Hormuz,” he said.

    India meets about 85 per cent of its crude oil needs through imports. A spike in global oil prices directly raises its import bill and fuels inflation, impacting economic growth. To cushion this, India has expanded its oil sources, ramping up imports from Russia and the US, and building strategic reserves.

    The minister said India now has 23 operational refineries with a combined capacity of 257 million metric tonnes per annum. He also highlighted the setting up of strategic petroleum reserves to ensure supply security during disruptions.

    The country’s storage capacity includes 2.25 million metric tonnes at Pudur, 1.33 MMT at Visakhapatnam, and 1.5 MMT at Mangalore.

    Puri also pointed to the government’s push for green fuels, noting that India has met its target of 20 per cent ethanol blending with petrol six years ahead of schedule. E20 petrol is now available at outlets of Indian Oil, Bharat Petroleum, and Hindustan Petroleum across the country.

    “This achievement not only cuts carbon emissions but also saves huge amounts of money. We have saved over Rs 1 lakh crore domestically and Rs 1.5 lakh crore in foreign exchange by reducing our import bill, and this money has gone to our farmers,” he said.

    — IANS

  • India has never faced fuel shortage, says Hardeep Puri

    Source: Government of India

    Source: Government of India (4)

    Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday said India has never faced a shortage of petroleum products, even during the Covid pandemic or global conflicts, crediting the government’s foresight for ensuring uninterrupted supplies.

    “Whether it was the period of the global Covid pandemic or geopolitical tensions, there has never been a shortage of petroleum products in India. This has been possible due to the foresight of Prime Minister Narendra Modi,” Puri said.

    Referring to the recent tensions in the Middle East, including the Israeli attack on Iran that disrupted shipping and threatened closure of the Strait of Hormuz, Puri said India has gradually reduced its dependence on the critical passage.

    “Under Prime Minister Modi’s leadership, we have diversified our supplies in recent years, and a large share of our imports no longer passes through the Strait of Hormuz,” he said.

    India meets about 85 per cent of its crude oil needs through imports. A spike in global oil prices directly raises its import bill and fuels inflation, impacting economic growth. To cushion this, India has expanded its oil sources, ramping up imports from Russia and the US, and building strategic reserves.

    The minister said India now has 23 operational refineries with a combined capacity of 257 million metric tonnes per annum. He also highlighted the setting up of strategic petroleum reserves to ensure supply security during disruptions.

    The country’s storage capacity includes 2.25 million metric tonnes at Pudur, 1.33 MMT at Visakhapatnam, and 1.5 MMT at Mangalore.

    Puri also pointed to the government’s push for green fuels, noting that India has met its target of 20 per cent ethanol blending with petrol six years ahead of schedule. E20 petrol is now available at outlets of Indian Oil, Bharat Petroleum, and Hindustan Petroleum across the country.

    “This achievement not only cuts carbon emissions but also saves huge amounts of money. We have saved over Rs 1 lakh crore domestically and Rs 1.5 lakh crore in foreign exchange by reducing our import bill, and this money has gone to our farmers,” he said.

    — IANS

  • India has never faced fuel shortage, says Hardeep Puri

    Source: Government of India

    Source: Government of India (4)

    Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday said India has never faced a shortage of petroleum products, even during the Covid pandemic or global conflicts, crediting the government’s foresight for ensuring uninterrupted supplies.

    “Whether it was the period of the global Covid pandemic or geopolitical tensions, there has never been a shortage of petroleum products in India. This has been possible due to the foresight of Prime Minister Narendra Modi,” Puri said.

    Referring to the recent tensions in the Middle East, including the Israeli attack on Iran that disrupted shipping and threatened closure of the Strait of Hormuz, Puri said India has gradually reduced its dependence on the critical passage.

    “Under Prime Minister Modi’s leadership, we have diversified our supplies in recent years, and a large share of our imports no longer passes through the Strait of Hormuz,” he said.

    India meets about 85 per cent of its crude oil needs through imports. A spike in global oil prices directly raises its import bill and fuels inflation, impacting economic growth. To cushion this, India has expanded its oil sources, ramping up imports from Russia and the US, and building strategic reserves.

    The minister said India now has 23 operational refineries with a combined capacity of 257 million metric tonnes per annum. He also highlighted the setting up of strategic petroleum reserves to ensure supply security during disruptions.

    The country’s storage capacity includes 2.25 million metric tonnes at Pudur, 1.33 MMT at Visakhapatnam, and 1.5 MMT at Mangalore.

    Puri also pointed to the government’s push for green fuels, noting that India has met its target of 20 per cent ethanol blending with petrol six years ahead of schedule. E20 petrol is now available at outlets of Indian Oil, Bharat Petroleum, and Hindustan Petroleum across the country.

    “This achievement not only cuts carbon emissions but also saves huge amounts of money. We have saved over Rs 1 lakh crore domestically and Rs 1.5 lakh crore in foreign exchange by reducing our import bill, and this money has gone to our farmers,” he said.

    — IANS

  • India has never faced fuel shortage, says Hardeep Puri

    Source: Government of India

    Source: Government of India (4)

    Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday said India has never faced a shortage of petroleum products, even during the Covid pandemic or global conflicts, crediting the government’s foresight for ensuring uninterrupted supplies.

    “Whether it was the period of the global Covid pandemic or geopolitical tensions, there has never been a shortage of petroleum products in India. This has been possible due to the foresight of Prime Minister Narendra Modi,” Puri said.

    Referring to the recent tensions in the Middle East, including the Israeli attack on Iran that disrupted shipping and threatened closure of the Strait of Hormuz, Puri said India has gradually reduced its dependence on the critical passage.

    “Under Prime Minister Modi’s leadership, we have diversified our supplies in recent years, and a large share of our imports no longer passes through the Strait of Hormuz,” he said.

    India meets about 85 per cent of its crude oil needs through imports. A spike in global oil prices directly raises its import bill and fuels inflation, impacting economic growth. To cushion this, India has expanded its oil sources, ramping up imports from Russia and the US, and building strategic reserves.

    The minister said India now has 23 operational refineries with a combined capacity of 257 million metric tonnes per annum. He also highlighted the setting up of strategic petroleum reserves to ensure supply security during disruptions.

    The country’s storage capacity includes 2.25 million metric tonnes at Pudur, 1.33 MMT at Visakhapatnam, and 1.5 MMT at Mangalore.

    Puri also pointed to the government’s push for green fuels, noting that India has met its target of 20 per cent ethanol blending with petrol six years ahead of schedule. E20 petrol is now available at outlets of Indian Oil, Bharat Petroleum, and Hindustan Petroleum across the country.

    “This achievement not only cuts carbon emissions but also saves huge amounts of money. We have saved over Rs 1 lakh crore domestically and Rs 1.5 lakh crore in foreign exchange by reducing our import bill, and this money has gone to our farmers,” he said.

    — IANS

  • India has never faced fuel shortage, says Hardeep Puri

    Source: Government of India

    Source: Government of India (4)

    Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday said India has never faced a shortage of petroleum products, even during the Covid pandemic or global conflicts, crediting the government’s foresight for ensuring uninterrupted supplies.

    “Whether it was the period of the global Covid pandemic or geopolitical tensions, there has never been a shortage of petroleum products in India. This has been possible due to the foresight of Prime Minister Narendra Modi,” Puri said.

    Referring to the recent tensions in the Middle East, including the Israeli attack on Iran that disrupted shipping and threatened closure of the Strait of Hormuz, Puri said India has gradually reduced its dependence on the critical passage.

    “Under Prime Minister Modi’s leadership, we have diversified our supplies in recent years, and a large share of our imports no longer passes through the Strait of Hormuz,” he said.

    India meets about 85 per cent of its crude oil needs through imports. A spike in global oil prices directly raises its import bill and fuels inflation, impacting economic growth. To cushion this, India has expanded its oil sources, ramping up imports from Russia and the US, and building strategic reserves.

    The minister said India now has 23 operational refineries with a combined capacity of 257 million metric tonnes per annum. He also highlighted the setting up of strategic petroleum reserves to ensure supply security during disruptions.

    The country’s storage capacity includes 2.25 million metric tonnes at Pudur, 1.33 MMT at Visakhapatnam, and 1.5 MMT at Mangalore.

    Puri also pointed to the government’s push for green fuels, noting that India has met its target of 20 per cent ethanol blending with petrol six years ahead of schedule. E20 petrol is now available at outlets of Indian Oil, Bharat Petroleum, and Hindustan Petroleum across the country.

    “This achievement not only cuts carbon emissions but also saves huge amounts of money. We have saved over Rs 1 lakh crore domestically and Rs 1.5 lakh crore in foreign exchange by reducing our import bill, and this money has gone to our farmers,” he said.

    — IANS

  • MIL-OSI China: 31st Lanzhou investment and trade fair draws global participation

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

    LANZHOU, July 6 – The 31st China Lanzhou Investment and Trade Fair opened on Sunday in Lanzhou, the capital of northwest China’s Gansu Province, attracting over 2,000 domestic and international enterprises.

    This year’s fair features Indonesia as its guest country of honor. Participation has surpassed previous fairs, with representatives of over 20 nations, including Germany, Spain, Russia, Malaysia and Iran, attending alongside representatives of 18 Chinese municipalities, provinces and autonomous regions, as well as the Hong Kong Special Administrative Region.

    The fair has four exhibition zones — covering international Silk Road cooperation, regional exchange, consumer goods, and featured Gansu industries — showcasing products across the fields of equipment manufacturing, petrochemicals, biomedicine, new materials, new energy, aerospace, agriculture, and data information, according to its organizers.

    More than 30 forums and trade events have been scheduled for the fair.

    Indonesian Ambassador to China Djauhari Oratmangun noted that Indonesia’s 16 attending enterprises were presenting coffee, foods, handicrafts and traditional batik, and expressed the hope that the two countries would deepen cooperation on renewable energy, modern agriculture and cultural tourism.

    As Gansu’s flagship international economic event since 1993, the fair has this year secured deals for 1,181 investment projects totaling over 650 billion yuan (about 90.9 billion U.S. dollars) in sectors such as new energy equipment, agricultural processing, new materials, and digital technology.

    MIL OSI China News

  • MIL-OSI China: 31st Lanzhou investment and trade fair draws global participation

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

    LANZHOU, July 6 – The 31st China Lanzhou Investment and Trade Fair opened on Sunday in Lanzhou, the capital of northwest China’s Gansu Province, attracting over 2,000 domestic and international enterprises.

    This year’s fair features Indonesia as its guest country of honor. Participation has surpassed previous fairs, with representatives of over 20 nations, including Germany, Spain, Russia, Malaysia and Iran, attending alongside representatives of 18 Chinese municipalities, provinces and autonomous regions, as well as the Hong Kong Special Administrative Region.

    The fair has four exhibition zones — covering international Silk Road cooperation, regional exchange, consumer goods, and featured Gansu industries — showcasing products across the fields of equipment manufacturing, petrochemicals, biomedicine, new materials, new energy, aerospace, agriculture, and data information, according to its organizers.

    More than 30 forums and trade events have been scheduled for the fair.

    Indonesian Ambassador to China Djauhari Oratmangun noted that Indonesia’s 16 attending enterprises were presenting coffee, foods, handicrafts and traditional batik, and expressed the hope that the two countries would deepen cooperation on renewable energy, modern agriculture and cultural tourism.

    As Gansu’s flagship international economic event since 1993, the fair has this year secured deals for 1,181 investment projects totaling over 650 billion yuan (about 90.9 billion U.S. dollars) in sectors such as new energy equipment, agricultural processing, new materials, and digital technology.

    MIL OSI China News

  • MIL-OSI Russia: OPEC announces acceleration of oil production growth

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

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

    VIENNA, July 6 (Xinhua) — OPEC countries announced on Saturday they will increase oil production by 548,000 barrels per day in August, a faster pace than in July.

    In July, OPEC countries announced an increase in oil production by 411,000 barrels per day as part of a plan to gradually unwind the latest level of production cuts.

    The decision was taken on Saturday during a virtual meeting where the countries involved, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, reviewed global market conditions and prospects, the organization said in a statement on its website.

    The adjustment was made taking into account “the stable global economic outlook and current healthy market fundamentals, as reflected in low oil inventory levels,” the statement said, adding that the gradual ramp-up could be suspended or reversed depending on changing market conditions.

    The 2.2 million bpd production cut, originally announced in November 2023, was implemented in the first quarter of 2024. Since then, the cut has been extended several times, until the first quarter of 2025. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Africa: Cyprus Foreign Minister to Visit Tanzania to Deepen European Union (EU)–Tanzania Partnership

    Source: APO


    .

    • The visit to Tanzania, taking place from 8 to 10 July, is made on behalf of the EU’s High Representative for Foreign Affairs and Security Policy / Vice President of the European Commission, Kaja Kallas.
    • Minister Dr. Constantinos Kombos will meet with Minister for Foreign Affairs and East African Cooperation, Hon. Mahmoud Thabit Kombo, and other senior Tanzanian officials to discuss EU–Tanzania relations, democratic governance, and economic cooperation under the Global Gateway strategy.

    Cyprus Minister of Foreign Affairs, Dr. Constantinos Kombos, will visit Tanzania from 8 to 10 July on behalf of the European Union’s (EU) High Representative for Foreign Affairs and Security Policy / Vice President of the European Commission, Kaja Kallas, as part of efforts to strengthen the EU’s partnership with Tanzania and engage in high-level discussions on regional and global issues.

    During his visit, Minister Dr. Constantinos Kombos will meet with Tanzania’s Minister for Foreign Affairs and East African Cooperation, Hon. Mahmoud Thabit Kombo, as well as members of civil society, business leaders, and other key stakeholders to discuss EU–Tanzania relations, the upcoming 2025 General Elections, economic cooperation under the Global Gateway strategy, and regional security developments, notably in the Great Lakes region.

    Speaking ahead of the visit, Minister Dr. Constantinos Kombos said:

    “Tanzania is a trusted and stable partner in a strategically important region. As we celebrate 50 years of EU-Tanzania relations this year, the EU is committed to scaling up our cooperation – from investing in critical raw materials and digital transformation to supporting democratic values and inclusive growth. Together, we can unlock new opportunities that benefit both Tanzanian citizens and European partners.”

    EU Ambassador to Tanzania and the East African Community, Christine Grau, highlighted the significance of the visit:

    “This visit underscores the EU’s commitment to a mature and strategic partnership with Tanzania, based on mutual interests. Following the visit of Foreign Minister Kombo to EU Headquarters in April, this visit is a reflection on the continuous strong engagement of the European Union with Tanzania.”

    During the visit, political developments of common interest, regional developments and economic cooperation will be in the focus. 

    This follows Tanzania’s Minister Mahmoud Thabit Kombo’s April 2025 meetings in Brussels with EU High Representative Kaja Kallas, Director General for International Partnerships Koen Doens, and European Investment Bank (EIB) Vice President Thomas Östros to advance political dialogue, investment, and sustainable development.

    Distributed by APO Group on behalf of Delegation of the European Union to the United Republic of Tanzania and the East African Community.

    MIL OSI Africa

  • MIL-OSI Africa: United Arab Emirates (UAE) President, Vice President (VPs) congratulate President of Malawi on Independence Day

    Source: APO


    .

    President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to Dr. Lazarus Chakwera, President of the Republic of Malawi, on the occasion of his country’s Independence Day.

    His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, dispatched similar messages to President Chakwera.

    Distributed by APO Group on behalf of United Arab Emirates, Ministry of Foreign Affairs.

    MIL OSI Africa

  • MIL-OSI Africa: United Arab Emirates (UAE) President, Vice President (VPs) congratulate President of Comoros on Independence Day

    Source: APO


    .

    President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to Azali Assoumani, President of the Union of the Comoros, on the occasion of his country’s Independence Day.

    His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, sent similar messages to President Assoumani.

    Distributed by APO Group on behalf of United Arab Emirates, Ministry of Foreign Affairs.

    MIL OSI Africa

  • MIL-OSI: Shavez Ahmed Siddiqui Sets Global Benchmark with LQUIDPAY Deobank, Wins Top Fintech Honors in 2025

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, July 06, 2025 (GLOBE NEWSWIRE) — Shavez Ahmed Siddiqui, the visionary fintech entrepreneur and Founder & CEO of LQUIDPAY Deobank, is making waves across the global fintech and Web3 ecosystems. With two major accolades in 2025 — one from Entrepreneur Middle East in Dubai and another from Times of India Group in Lucknow — Siddiqui’s impact is now being recognized on both the international and domestic stage.

    His rise reflects a larger movement: the transformation of traditional banking into decentralized, borderless, and user-owned financial systems.


    From Global Acclaim to National Spotlight: 2025 Awards That Defined a Movement

    In May 2025, LQUIDPAY Deobank was awarded “Fintech Company of the Year” at the Leaders in E-Business Awards in Dubai. Just weeks later, Shavez Ahmed Siddiqui received the “Times Leadership Award 2025” in his hometown, Lucknow — solidifying his growing stature in India’s fintech landscape.

    These awards highlight Siddiqui’s transformative work in building digital financial infrastructure that is self-sovereign, compliant, and globally accessible.


    Award-Winning Innovation: What Makes LQUIDPAY Deobank a Game Changer

    LQUIDPAY Deobank is the world’s first decentralized on-chain bank, created to offer secure, borderless, and transparent financial services. With a strong emphasis on user sovereignty, it removes intermediaries and empowers users to manage their money freely, anywhere in the world.

    Key Innovations:

    • Self-Custodial Vaults for total asset control
    • Visa-Enabled Virtual & Physical Cards for global crypto spending
    • On-Chain Yield Savings (6–14% APY) backed by smart contracts
    • Crypto On/Off-Ramp for instant fiat access
    • ATM Withdrawals via PIN + NFC Cards (launching globally in 2025)
    • Enterprise API Access for Web3 fintech infrastructure

    These innovations are already unlocking access for users in Africa, Southeast Asia, and Latin America.


    Global Recognition: Fintech Company of the Year – Entrepreneur Middle East

    At the Leaders in E-Business Awards held in Dubai, LQUIDPAY Deobank was honored for creating decentralized financial tools that serve both individuals and enterprises. The award celebrates the company’s ability to merge compliance, speed, and decentralization under a single ecosystem.

    This positioned Shavez Ahmed Siddiqui as a global Web3 leader driving the evolution of finance.


    National Impact: Times Leadership Award 2025 – Lucknow, India

    On June 28, 2025, Siddiqui was awarded the Times Leadership Award 2025 in Lucknow by the Times of India Group — a powerful moment of homegrown recognition. This award not only honored his technological contributions but celebrated his commitment to India’s digital future.

    Official Publication: (https://coinmarketcap.com/community/articles/68625b36e0d38c65cf43de77/)

    “Receiving this award in Lucknow, the heart of India, reaffirms our mission to empower 1.4 billion people with financial freedom,” said Siddiqui on stage.


    The Vision and Mission Behind Siddiqui’s Fintech Movement

    At the core of Shavez Ahmed Siddiqui’s journey is a bold, human-centered vision.

    Vision

    To build a decentralized, borderless financial ecosystem where every individual — regardless of geography — can access, grow, and control their own financial future without reliance on centralized institutions.

    Mission

    To empower the world’s 1.4 billion unbanked through accessible, self-custodial, and blockchain-powered banking systems. Through platforms like LQUIDPAY Deobank, Siddiqui is enabling secure savings, global payments, and decentralized wealth creation for all.

    “Financial sovereignty should not be a privilege. It should be a default,” he often emphasizes.


    About Shavez Ahmed Siddiqui: Building the Future of Finance

    A self-taught technologist with 10+ years of blockchain expertise, Siddiqui is the mind behind several disruptive ventures:

    • LQUIDPAY Deobank (2024) – A decentralized bank offering crypto savings, Visa card payments, and DeFi-powered finance
    • Protocol Yield (2025) – A DeFi platform with daily profit sharing, AI-powered risk scoring (PY Score), and broker partners including Binance and Bybit
    • DODO (2023) – A gasless, index-based crypto trading platform
    • BTC20 Smart Chain (2022) – A high-speed blockchain with 65,000 TPS and over 17 million wallets

    Each initiative supports his broader goal of making finance secure, user-owned, and built for a decentralized future.


    Awards Timeline

    Date Award Title Presented By Location
    May 27, 2025 Fintech Company of the Year 2025 Entrepreneur Middle East Dubai
    June 28, 2025 Times Leadership Award 2025 Times of India Group Lucknow

    What’s Next: Scaling Financial Access for the World

    Looking ahead, Siddiqui and LQUIDPAY Deobank are focused on:

    • ATM withdrawals with crypto cards
    • Global market activation in Africa, LATAM, Asia and USA
    • Financial education for the underserved
    • Enterprise-grade DeFi tools for fintech partners
    • Mobile-first apps for next-gen banking

    Siddiqui’s next chapter is all about scaling secure, sovereign, and accessible finance for everyone, everywhere.


    Follow the Journey

    Website: www.lquidpay.finance
    Media Inquiries: admin@lquidpay.finance
    Learn More: www.shavezahmedsiddiqui.com

    Disclaimer: This press release is provided by LQUIDPAY Deobank. 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 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. 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.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9fb3bcec-f682-4e36-8746-a86f16c06fc7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1a66a0d9-a1ad-4084-a880-9d25e782ac65

    https://www.globenewswire.com/NewsRoom/AttachmentNg/153d222c-7a60-4167-b472-88f14c960b64

    The MIL Network

  • MIL-OSI Africa: President Ramaphosa arrives in Brazil ahead of Rio Summit

    Source: Government of South Africa

    By Gabi Khumalo

    Rio de Janeiro, Brazil – President Cyril Ramaphosa is in Rio de Janeiro, Brazil for his working visit to attend the 17th BRICS Summit, which kicks off today.

    The President, who arrived on Saturday evening, will attend the Brazil, Russia, India, China, and South Africa (BRICS) Summit at the invitation of President of Brazil, Luiz Inacio Lula da Silva.

    Ahead of the high-level engagements, officials and delegations could be seen entering and exiting the summit venue making final preparations, while tight security measures were in place. 

    The objectives for this year’s summit include highlighting the ongoing humanitarian impact of Israeli military action in Gaza and in conflicts in Sudan, Ukraine and Iran; and advocating for the sustainable resolution of conflicts through diplomacy, inclusive dialogue, and a commitment to the United Nations Charter.

    The summit, taking place from 6 to 7 July 2025, will also explore ways of expanding tangible trade, tourism, investment, and financial cooperation within BRICS and with BRICS partner countries.

    “For South Africa, these deliberations will enhance our efforts to further diversify trade and enhance resilience, growth and development. The summit will look into synergies between BRICS, COP30 (Conference of the Parties) and G20 (Group of Twenty) outcomes, including in global governance of artificial intelligence and prioritising climate finance that is just, accessible, and transformational.

    “BRICS leaders will continue advocating for the reform of global governance systems to be more inclusive and representative of contemporary realities. This includes the goal of countries of the South for more meaningful participation of the global South in global decision-making processes and structures, including in the United Nations Security Council,” the Presidency said.

    The specific objectives of South Africa’s engagement in BRICS are:
    • To enhance the future growth and development of South Africa through its BRICS membership.
    • To strengthen intra-BRICS relations and develop mutually beneficial cooperation across the three pillars of cooperation, political and security, financial and economic, and cultural and people-to-people cooperation.
    • To shape global governance reform to be more equitable, balanced and representative.

    South Africa has emphasised concrete cooperation that contributes both directly and indirectly to the priorities of a better South Africa, a better Africa, and a better world through its partnership in BRICS.

    During the 17th BRICS Summit, session leaders are expected to deliberate on topics, including global governance reform, peace, and security, including a report by National Security Advisors.

    “Heads of State and government will discuss a BRICS Leaders Statement on Global Governance of Artificial Intelligence. This will be followed by the adoption of a BRICS Leaders Framework Declaration on Climate Finance and the launch of the BRICS Partnership for the Elimination of Socially Determined Diseases.”

    The summit will conclude with the adoption of the Rio de Janeiro Declaration.

    The summit will be attended by leaders of the BRICS member states, including Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates, and Indonesia.

    Member states participate in all BRICS meetings, while partner states participate principally in summits. Partner states may be invited to other meetings of the association if members agree on this.

    Leaders of BRICS partner countries will come from Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda and Uzbekistan.

    The Rio Summit will also be attended by leaders of outreach countries, which in the BRICS system are countries from the region, where the rotational Presidency is located.

    In this context, Bolivia, Chile, Colombia, Mexico and Uruguay have also been invited by the Government of Brazil to participate in the Rio gathering. 

    The United Nations, the African Union (AU) and International Organisations will also participate.

    Leaders of all BRICS members are confirmed for the Rio Summit with President Putin participating virtually and China represented by Premier Li Qiang.

    President Ramaphosa is supported by Minister of International Relations and Cooperation Ronald Lamola; Minister in the Presidency Khumbudzo Ntshavheni; Deputy Minister of Finance Dr David Masondo and Deputy Minister of Trade Industry and Competition Zuko Godlimpi. – SAnews.gov.za
     

    MIL OSI Africa

  • US blames Hamas for attack that hurt two US aid workers in Gaza

    Source: Government of India

    Source: Government of India (4)

    The United States on Saturday blamed Hamas for an attack that injured two American aid workers from the Gaza Humanitarian Foundation at a food distribution site in Gaza.

    The U.S.- and Israeli-backed GHF said in a statement that the injured Americans were receiving medical treatment and were in a stable condition with non-life-threatening injuries.

    “The attack – which preliminary information indicates was carried out by two assailants who threw two grenades at the Americans – occurred at the conclusion of an otherwise successful distribution in which thousands of Gazans safely received food,” the GHF said.

    U.S. State Department spokesperson Tammy Bruce blamed “Hamas terrorists” for the attack.

    “This act of violence against the people actually bringing relief to Gazans lays bare the depravity of Hamas,” she said in a post on X.

    “GHF has contributed over 62 MILLION MEALS – nothing will stop these courageous aid workers. We are praying for the rapid recovery of the injured Americans.”

    The Israeli military earlier accused what it called “terrorist organisations” of sabotaging the distribution of aid in Gaza.

    GHF, which began distributing aid in Gaza in May, employs private U.S. military contractors to provide security at their sites.

    Gaza has seen an escalation in violence as efforts continue to reach a ceasefire agreement. Hamas on Friday said it had responded positively to a U.S.-brokered deal and was prepared to enter talks. U.S. President Donald Trump is scheduled to meet Israeli Prime Minister Benjamin Netanyahu on Monday.

    KILLINGS NEAR AID DISTRIBUTION SITES

    Gazan authorities reported at least 70 people have been killed in the territory by the Israeli military in the last 24 hours, including 23 near aid distribution sites. The ministry did not specify where or how exactly they had been killed.

    The Israeli military had no immediate comment on the reports.

    In a statement on Friday, the military said troops had killed 100 militants in Gaza in the past week, and that it had “operational control” over 65% of Gaza after an offensive against Hamas fighters in the north.

    The Hamas-run interior ministry in Gaza on Thursday had warned residents of the coastal enclave not to assist the GHF, saying deadly incidents near its distribution sites endangered hungry Gazans.

    The GHF bypasses traditional aid channels, including the United Nations, which says the U.S.-based organisation is neither impartial nor neutral.

    Since Israel lifted an 11-week aid blockade on Gaza on May 19, the U.N. says more than 400 Palestinians have been killed while seeking aid handouts. A senior U.N. official said last week that the majority of people killed were trying to reach aid distribution sites of the GHF.

    The latest bloodshed in the decades-old Israeli-Palestinian conflict was triggered in October 2023, when Hamas attacked southern Israel, killing around 1,200 people and taking 251 hostages, according to Israeli tallies.

    Gaza’s health ministry says Israel’s retaliatory military assault on the enclave has killed over 57,000 Palestinians. It has also caused a hunger crisis, internally displaced Gaza’s entire population and prompted accusations of genocide and war crimes. Israel denies the accusations.

    (Reuters)

  • Israeli military says intercepted missile launched from Yemen

    Source: Government of India

    Source: Government of India (4)

    The Israeli military said on Sunday that it has intercepted a missile launched from Yemen towards Israel.

    Sirens were activated across several areas in Israel in accordance with protocol, it said.

    Israel threatened Yemen’s Houthi movement with a naval and air blockade if it the Iran-aligned group persists with attacks on Israel, in what it says is solidarity with Gaza.

    Since the start of the war in Gaza in October 2023, the Houthis have been firing at Israel and at shipping in the Red Sea, disrupting global trade.

    Most of the dozens of missiles and drones they have launched have been intercepted or fallen short. Israel has carried out a series of retaliatory strikes.

    (Reuters)

  • MIL-OSI China: China, France agree to promote multilateralism, bring more certainty to world

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

    French President Emmanuel Macron meets with Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, at the Elysee Palace in Paris, France, July 4, 2025. [Photo/Xinhua]

    PARIS, July 4 — French President Emmanuel Macron met with Chinese Foreign Minister Wang Yi on Friday, pledging to jointly promote multilateralism and strengthen coordination against hegemonic conflicts and bloc confrontation.

    During their meeting at the Elysee Palace, Macron asked Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, to convey his best wishes and friendly regards to Chinese President Xi Jinping.

    Macron noted that France and China share a broad consensus on numerous important issues, including advocating multilateralism and adhering to international laws. France and China, both permanent members of the United Nations Security Council, bear even greater responsibilities as today’s world is facing challenges of growing uncertainty and unpredictability.

    The French side looks forward to strengthening policy coordination with China on international economic, financial, and global governance issues, jointly addressing global challenges, injecting more vitality into multilateralism, and preventing the world from falling into hegemonic conflicts and bloc confrontations, Macron said.

    He said the European Union and China should make strategic choices to become each other’s predictable and trustworthy friends and partners on the occasion of the 50th anniversary of the establishment of diplomatic relations. The French side places great importance on developing France-China relations and welcomes more Chinese investment in France to develop a more balanced economic and trade relationship.

    He expressed hope to visit China again at an appropriate time.

    Wang conveyed President Xi’s warm regards to Macron, stating that China is willing to work with France to implement the important consensus reached by the two heads of state, prepare for high-level exchanges in the next phase, and deepen cooperation in all fields.

    China and France are comprehensive strategic partners and two major stabilizing forces in the world, Wang noted, stressing that the more turbulent the international situation becomes, the more the strategic value of China-France relations is highlighted.

    China believes that the trend of multi-polarization is unstoppable, and the trend of globalization is irreversible, Wang said, emphasizing that the 80th anniversary of the United Nations should be taken as an opportunity to further strengthen the UN’s core role and ensure it plays its due role.

    He said China is willing to strengthen strategic communication and united cooperation with France, jointly practice multilateralism, oppose unilateral bullying, and resist bloc confrontations, so as to inject more certainty and predictability into a world of change and turmoil, promote equal and orderly multi-polarization and universally beneficial and inclusive economic globalization, and work together to build a community with a shared future for mankind.

    He stated that China is advancing toward high-quality development, committed to building a new, higher-level open economic system, creating a world-class business environment that is market-oriented, law-based, and internationalized, while actively advancing the strategy of expanding domestic demand.

    China is willing to deepen mutually beneficial cooperation with France and hopes that the French side will provide a more favorable and fair environment for Chinese enterprises to invest and operate in France, he said.

    China and the EU have resolved the brandy issue through friendly consultations, noted Wang, expressing the hope that France, as a core major power in the EU, will urge the EU side to properly address China-EU trade and economic disputes and actively respond to China’s concerns.

    The two sides also exchanged views on the Ukraine crisis, the Gaza situation, the Iranian nuclear issue, and other topics.

    French President Emmanuel Macron meets with Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, at the Elysee Palace in Paris, France, July 4, 2025. [Photo/Xinhua]

    MIL OSI China News

  • Iran’s Khamenei attends public event after weeks of war with Israel

    Source: Government of India

    Source: Government of India (4)

    Iran’s Supreme Leader Ayatollah Ali Khamenei attended a religious event on Saturday, according to a video carried by state television, after reports that he was in a “secure location” since the start of a 12-day air war with Israel in which top Iranian commanders and nuclear scientists were killed.

    The video carried by state media showed dozens attending a ceremony to mark Ashura, the holiest day of the Shi’ite Muslim calendar, standing chanting as Khamenei entered a hall where many government functions are held.

    For apparent security reasons, Khamenei had issued pre-taped messages during the war which started on June 13, and avoided public appearances.

    On June 26, in pre-recorded remarks aired on state television, Khamenei promised that Iran would not surrender despite U.S. President Donald Trump’s calls.

    (Reuters)

  • Iran’s Khamenei attends public event after weeks of war with Israel

    Source: Government of India

    Source: Government of India (4)

    Iran’s Supreme Leader Ayatollah Ali Khamenei attended a religious event on Saturday, according to a video carried by state television, after reports that he was in a “secure location” since the start of a 12-day air war with Israel in which top Iranian commanders and nuclear scientists were killed.

    The video carried by state media showed dozens attending a ceremony to mark Ashura, the holiest day of the Shi’ite Muslim calendar, standing chanting as Khamenei entered a hall where many government functions are held.

    For apparent security reasons, Khamenei had issued pre-taped messages during the war which started on June 13, and avoided public appearances.

    On June 26, in pre-recorded remarks aired on state television, Khamenei promised that Iran would not surrender despite U.S. President Donald Trump’s calls.

    (Reuters)

  • Israel to send delegation to Qatar for Gaza talks despite ‘unacceptable’ Hamas demands

    Source: Government of India

    Source: Government of India (4)

    Israel will send a delegation to Qatar on Sunday for talks on a possible Gaza hostage and ceasefire deal, although Prime Minister Benjamin Netanyahu’s office said the changes requested by Hamas to a ceasefire proposal were unacceptable.

    Palestinian group Hamas said on Friday it had responded to a U.S.-backed Gaza ceasefire proposal in a “positive spirit”, a few days after U.S. President Donald Trump said Israel had agreed “to the necessary conditions to finalize” a 60-day truce.

    But in a sign of the potential challenges still facing the two sides, a Palestinian official from a militant group allied with Hamas said concerns remained over humanitarian aid, passage through the Rafah crossing in southern Israel to Egypt and clarity over a timetable for Israeli troop withdrawals.

    “The changes that Hamas seeks to make to the Qatari proposal were conveyed to us last night and are not acceptable to Israel,” Netanyahu’s office said in a statement late on Saturday.

    The prime minister’s office added that the delegation will still fly to Qatar for talks over a possible deal to “continue the efforts to secure the return of our hostages based on the Qatari proposal that Israel agreed to.”

    Netanyahu, who is due to meet Trump in Washington on Monday, has repeatedly said Hamas must be disarmed, a position the militant group, which is thought to be holding 20 living hostages, has so far refused to discuss.

    The latest bloodshed in the decades-old Israeli-Palestinian conflict was triggered on October 7, 2023, when Hamas attacked southern Israel, killing around 1,200 people and taking 251 hostages, according to Israeli tallies.

    Gaza’s health ministry says Israel’s retaliatory military assault on the enclave has killed over 57,000 Palestinians. It has also caused a hunger crisis, displaced Gaza’s entire population internally and prompted accusations of genocide and war crimes. Israel denies the accusations.

    (Reuters)

  • Sacrifices made by Hazrat Imam Hussain emphasise his commitment to righteousness: PM Modi

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Sunday said that the sacrifices made by Hazrat Imam Hussain (AS) emphasise his commitment to righteousness.

    “The sacrifices made by Hazrat Imam Hussain (AS) emphasise his commitment to righteousness. He inspires people to uphold truth in the face of adversity,” said PM Modi in a post on X.

    Currently, the Prime Minister is in Rio De Janeiro, Brazil, where he will participate in the 17th BRICS Summit and undertake a state visit.

    The solemn observance of Ashoora-e-Muharram marks a poignant day in Islamic history, honouring the martyrdom of Hazrat Imam Hussain, the revered grandson of Prophet Muhammad, and his companions. This day is synonymous with courage, sacrifice, and steadfastness in the face of tyranny.

    Millions gather to pay homage to those who laid down their lives for truth, righteousness, and justice in the Battle of Karbala.

    The 10th Muharram, called Ashura, is being observed across the country on Sunday. Muharram is the first month of the Islamic calendar. Shia Muslims across the world observe a public mourning.

    The 10th day of the first month of Muharram of the Muslim calendar marks the day of martyrdom of Imam Hussain, who was killed by the army of King Yazid in 680 AD on the banks of the Euphrates River in Iraq in the Karbala area. The besieged family of Imam Hussain, his family and companions, were denied drinking water even when they were camped at the bank of the Euphrates. Even the 6-month-old Ali Asghar was denied drinking water by the army of the Yazid. Imam Hussain chose to sacrifice himself and his family and companions rather than accept the supremacy of evil over the truth.

    Shia Muslims commemorate the event by taking out processions and chest-beating, but the mourning of Muharram is sacrosanct to both the Shia and the Sunni Muslims alike.

    (With inputs from IANS)

  • MIL-OSI China: Beijing conference spotlights esports as new engine of digital economy

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

    Team China prepares before DOTA2 Final Match of Esports at the 19th Asian Games in Hangzhou, east China’s Zhejiang Province, Oct. 2, 2023. [Photo/Xinhua]

    No dull rows of chairs and tables, no endless slides of charts and numbers — instead, a gleaming statue of Hermes, the Olympian god of competition and the “god of esports,” took center stage, while a virtual concert “on Mars” blazed across a giant screen in the background.

    Standing out among the meeting venues at the 2025 Global Digital Economy Conference, this hall hosted one of its headline events, the International Esports Development Forum, where industry leaders and players gathered to explore how esports is transforming entertainment and fueling growth in the global digital economy.

    Industry observers believe that esports has grown into an emerging industry that can no longer be ignored, with more and more traditional sports events now including esports competitions.

    At the 19th Asian Games in Hangzhou, for example, esports made its debut as an official medal event, where the Chinese team took home four gold medals across seven categories.

    The 20th Asian Games in Japan’s Aichi-Nagoya in 2026, will expand esports events even further, featuring 11 disciplines including Pro Evolution Soccer and League of Legends. Meanwhile, the International Olympic Committee has announced that the first Olympic Esports Games will be held in Saudi Arabia in 2027.

    The intensity, the focus, and the sheer will to win that esports players exhibit are no different from other athletes, according to Nicholas Khoo, advisor to the Board of Directors of the Global Esports Federation.

    Khoo called the rise of esports “unstoppable,” with growing public attention and an expanding global market adding fresh momentum to the development. At the same time, the inclusion of esports in the event systems of the International Olympic Committee is further promoting the sport’s healthy growth.

    “Esports today is driving the digital economy, which stays as a primary engine of global growth,” said Irina Bokova, former director-general of UNESCO, at the forum. “Within this ecosystem, esports is rapidly emerging as a transformative force. It is redefining the boundaries between entertainment sports and technology while forging connections that transcend international borders and linguistic barriers.”

    Participants noted that China boasts the world’s largest esports market, leading globally in both player base and industry growth potential.

    According to the 2024 China esports industry report released by China Audio-video and Digital Publishing Association, the number of esports users in China reached 490 million in 2024, up 0.42 percent year on year, marking the largest esports user base in the world. Meanwhile, the industry’s actual sales revenue stood at 27.57 billion yuan (about 3.85 billion U.S. dollars) in 2024, an increase of 4.62 percent from the previous year.

    That scale is powered by new technology. According to Li Ji, an industry analyst, today’s esports industry is built on a fully digital foundation, seamlessly integrating frontier technologies, from computing power to algorithms and artificial intelligence, and stands as a model of cross-sector innovation.

    “Esports is becoming a testing ground for cutting-edge innovations such as network communications, augmented reality and artificial intelligence,” said Li Xiaolei, vice chairman of the China Culture Administration Association. “From the perspective of culture, through innovative storytelling and character-based performances, esports is taking Chinese stories to the world in a way that resonates with young people.”

    Highlighting the great potential of the sector, Li Xiaolei said that China’s esports market size is expected to surpass 300 billion yuan in 2026, driving the scale of related industries beyond 1 trillion yuan, becoming an important growth driver of the digital economy.

    According to the global esports industry development report co-released by an institute under China Media Group (CMG) and China’s esports giant Tencent, four Chinese cities, Shanghai, Beijing, Chengdu and Shenzhen, ranked among the top ten on the global esports city influence index. He Wenyi, secretary-general of the national sports industry research base at Peking University, noted that policy support will be essential to foster new business models as the industry evolves.

    China’s cities are already well-positioned to tap into this promising industry. Ranking first on the esports city influence index list, Shanghai proposed the vision of becoming a global esports capital in 2017. In 2019, the city issued 20 measures to promote the healthy development of the esports industry.

    The Chinese capital is another major player. In June this year, Beijing issued measures to support the high-quality development of its gaming and esports industry. These measures aim to support enterprises in game development and publishing within Beijing, while promoting industrial clustering domestically and encouraging companies to expand overseas.

    “Beijing will fully leverage its strengths in technological innovation and international exchange to develop the esports industry into a key engine for building itself into a benchmark city in the global digital economy,” said Xu Xinchao, deputy secretary general of the Beijing municipal government.

    While esports is booming in China, the industry faces many challenges. A report from a research institute under People.cn found that many tournaments and clubs remain heavily dependent on sponsorships and prize money, leaving them vulnerable in economic downturns. Experts also caution against blind expansion without thoughtful planning. Cities often adopt similar strategies without leveraging their unique strengths, risking repetitive and uncompetitive development. 

    MIL OSI China News

  • MIL-OSI Russia: The government has approved a decree on holding the International Junior Science Olympiad in Russia

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Order dated July 1, 2025 No. 1768-r

    Document

    Order dated July 1, 2025 No. 1768-r

    The 22nd International Junior Science Olympiad (IJSO 2025) will be held in Russia from November 23 to December 2. The order to this effect has been signed.

    The federal territory of Sirius will be the venue for the Olympiad. By July 16, the Ministry of Education must approve the composition of the organizing committee for its preparation and holding, as well as the plan of relevant events.

    The Ministry of Foreign Affairs will provide visas to participants and guests of the event, as well as journalists, without charging fees.

    IJSO is an international multidisciplinary Olympiad for schoolchildren under 15 years old. The students are required to have both theoretical knowledge and experimental skills in 3 subjects: physics, chemistry and biology.

    The Olympiad has been held annually in December since 2004. In previous years, IJSO was held in Germany, the Netherlands, Romania, Azerbaijan, the UAE, Indonesia, Thailand, Taiwan, South Korea, India, Iran, South Africa, Qatar, Argentina, Brazil, Columbia, Nigeria, and Botswana. Teams from over 70 countries participate in it.

    The Russian team has been participating in competitions since the very first Olympiad and is considered one of the strongest – traditionally, Russian schoolchildren bring home several gold medals from tournaments.

    The preparation and holding of the Olympiad in Russia will be ensured within the framework of the implementation of the events of the federal project “All the Best for Children”, which is part of the new national project “Youth and Children”.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Alexander Novak took part in the meeting of the OPEC Group of Eight countries

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Previous news Next news

    Alexander Novak took part in the meeting of the OPEC Group of Eight countries

    Deputy Prime Minister of Russia Alexander Novak took part as a co-chair in a meeting of the Group of Eight participating countries that adopted additional voluntary adjustments to oil production in April and November 2023.

    The Group of Eight includes Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman.

    The parties discussed the state and prospects of the global oil market. Taking into account the stable prospects of the global economy and current market indicators reflected in low oil inventories, they agreed to make an adjustment to production by 548 thousand barrels per day in August 2025. The gradual increase can be suspended or cancelled depending on changing market conditions. Such flexibility will allow the group to continue to maintain stability in the oil market. The eight OPEC countries also noted that this measure will allow participating countries to speed up the compensation of volumes.

    The parties to the deal confirmed their commitment to the voluntary adjustments to oil production agreed at the 53rd meeting of the OPEC Joint Ministerial Monitoring Committee on April 3, 2024, and their intention to fully offset any excess production from January 2024.

    The eight OPEC countries have agreed to meet monthly to review market conditions, compliance and compensation. The next meeting will be held on August 3 to decide on the level of oil production by the members in September 2025.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Chinese Premier Arrives in Brazil to Attend 17th BRICS Summit

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    RIO DE JANEIRO, July 5 (Xinhua) — Chinese Premier Li Qiang arrived in Rio de Janeiro on Saturday to attend the 17th BRICS summit.

    Brazil, which holds the rotating BRICS presidency, will host the summit from July 6 to 7.

    Li Qiang will also pay an official visit to Egypt from July 9 to 10 at the invitation of Prime Minister Mostafa Madbouly. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Dmitry Chernyshenko and Krasnoyarsk Krai Governor Mikhail Kotyukov discussed the development of the region’s scientific and educational infrastructure

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Previous news Next news

    During a working visit to Krasnoyarsk Krai, Dmitry Chernyshenko assessed the infrastructure of the Institute of Physics of the Siberian Branch of the Russian Academy of Sciences

    During a working visit to Krasnoyarsk Krai, Deputy Prime Minister Dmitry Chernyshenko assessed the infrastructure of the Institute of Physics of the Siberian Branch of the Russian Academy of Sciences and, together with Krasnoyarsk Krai Governor Mikhail Kotyukov, spoke with scientists.

    The Siberian Branch of the Russian Academy of Sciences in Krasnoyarsk has youth laboratories where specialists conduct applied research within the framework of state and commercial orders. The main customers are enterprises interested in the latest technical solutions.

    The Deputy Prime Minister noted the demand for such research and development among companies. Over three years, from 2023 to 2025, youth laboratories of the Kirensky Institute of Physics of the Siberian Branch of the Russian Academy of Sciences attracted more than 800 million rubles in extra-budgetary funding – this is a high figure.

    Krasnoyarsk scientists presented research conducted by youth laboratories to improve the quality of Russian communications satellites. This includes upgrading onboard antennas, improving payloads, and studying metasurfaces.

    On the campus of the Siberian Federal University (SFU), Dmitry Chernyshenko and Mikhail Kotyukov discussed preparations for the World Youth Festival forum in Krasnoyarsk in 2026. The forum will bring together 10,000 delegates aged 14 to 35, half of whom will be foreign guests. SFU will be the main venue for the forum. The goal of such events is to demonstrate Russia’s capabilities and potential in the field of international youth cooperation.

    In 2024, Krasnoyarsk Krai was already one of 30 subjects of the Russian Federation where events of the regional program of the World Youth Festival were held, which took place in the federal territory of Sirius in Sochi. Then the region received delegations from 21 countries. Krasnoyarsk was visited, in particular, by representatives of Spain, Argentina, Turkey, Indonesia, Egypt, Mexico, Congo, Tajikistan, Kyrgyzstan.

    Dmitry Chernyshenko assessed the work of the Regional Coordination Center of Krasnoyarsk Krai, where data from various state information systems is received in real time.

    The Deputy Prime Minister also visited the Holy Dormition Monastery and its cultural center.

    In addition, Dmitry Chernyshenko held a working meeting with the President of the Russian Student Sports Union Sergey Kryukov. During it, they discussed the development of youth sports. The Deputy Prime Minister noted the importance of this work for achieving the goal set by President Vladimir Putin – to involve 70% of Russian citizens in systematic physical education and sports by 2030.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI China: Chinese premier lands in Rio de Janeiro for 17th BRICS Summit

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

    RIO DE JANEIRO, July 5 — Chinese Premier Li Qiang arrived in Rio de Janeiro on Saturday to attend the 17th BRICS Summit upon invitation.

    Brazil, the rotating chair of BRICS, will hold the summit from July 6 to 7.

    Li will also pay an official visit to Egypt from July 9 to 10 at the invitation of Prime Minister Mostafa Kamal Madbouly.

    MIL OSI China News

  • MIL-OSI United Nations: UNDRR and INTOSAI WGEA deepen collaboration on environmental auditing for disaster risk reduction

    Source: UNISDR Disaster Risk Reduction

    The United Nations Office for Disaster Risk Reduction (UNDRR) joined global auditors at the Assembly of the International Organization of Supreme Audit Institutions (INTOSAI) Working Group on Environmental Auditing (WGEA), that took place in Malta from 1 to 3 July 2025. Represented by Mr. Animesh Kumar, Head of the UNDRR Office in Bonn, UNDRR’s engagement underscores its growing collaboration with WGEA to strengthen national oversight of disaster risk reduction (DRR) through environmental auditing.

    Driving risk-informed governance through auditing

    Supreme Audit Institutions (SAIs) are key national actors in ensuring governments are prevent and are prepared for disasters and climate-related shocks. Through WGEA, INTOSAI supports SAIs in conducting performance audits that evaluate how well countries manage environmental risks-including resilience to floods, extreme heat, and other natural hazards.

    UNDRR’s participation at the WGEA Assembly reflects a strategic alignment: both institutions promote stronger national accountability for climate change adaptation and disaster risk reduction, grounded in international frameworks like the Sendai Framework for Disaster Risk Reduction 2015-2030, the Paris Agreement and the Sustainable Development Goals.

    “The official data and metrics, and other disaster risk reduction tools coordinated by UNDRR, and the work of Supreme Auditing Institutions are closely aligned. The two entities can co-benefit by collaborating in their collective efforts to strengthen accountability and transparency in risk governance,” said Animesh Kumar.

    Audits can reveal gaps in planning, coordination, and implementation-and offer pathways to improved governance. The WGEA’s audit database already includes 59 audits related to DRR, such as:

    • India: Reviewing groundwater and stormwater systems to reduce urban flood risk.
    • Turkey: Auditing early warning systems and local flood preparedness.
    • UK: Assess preparedness for future extreme weather events

    Mr Charles Deguara, Auditor General of Malta said: “In the present circumstances, urgent and united action is required to ensure climate risk issues are duly addressed. It is our role, as national audit institutions, to assist our administrations through our audit work.” From data to action

    UNDRR brings extensive expertise in disaster risk governance, robust data systems, and a strong global convening role-uniquely positioning it to support SAIs in evaluating climate change adaptation and disaster risk reduction (DRR) strategies.

    Building on this momentum, UNDRR and WGEA are exploring collaboration on knowledge building, capacity development and data sharing on disaster risk reduction audits. This initiative aims to build a skilled network of auditors ready to integrate DRR and adaptation into their national audit agendas, bolstered by growing coherence between DRR and climate action.

    “Building resilience to climate and disaster risks requires coherent policies, consistent implementation, and strong oversight. Through the WGEA, we support audit institutions in promoting accountability and helping ensure that climate and disaster risk policies are aligned, effective, and transparent”, highlighted Mr Sami Yläoutinen, the Auditor General of the National Audit Office of Finland, and the current chair of INTOSAI WGEA.

    As WGEA expands its focus on climate and disaster-related audits, sustained collaboration with UNDRR can enhance policy coherence and strengthen accountability. By integrating disaster risk into environmental audits, this partnership will help translate global frameworks into national results, advancing resilience, transparency, and sustainable development.

    MIL OSI United Nations News

  • MIL-OSI USA: Statement from Rep. French Hill on President Trump’s Executive Order Lifting Sanctions on Syria

    Source: United States House of Representatives – Congressman French Hill (AR-02)

    WASHINGTON – Congressman French Hill (AR-02) praised President Trump’s decision to revoke several executive orders related to Syria, effective July 1, 2025, calling it a step that will give a post-Assad Syria the opportunity to forge a new future based on peace and pluralism.

    Rep. Hill says, “I commend President Trump’s decision to provide sanctions relief to Syria. This move is a significant step forward and will remove barriers for a post-Assad government, allowing it to engage in activities that will enable Syria to secure the resources needed to rebuild, while ensuring that any ongoing actions or penalties from previous sanctions remain in place.

    “I’ve spent years in Congress fighting for the Syrian people, and the relatively positive developments in the first few months under the interim government give me some hope. For a free Syria to reintegrate into the international community, it must have the resources to rebuild its infrastructure, grow its economy, and establish a government that respects the rights of all Syrians. Lifting these executive sanctions provides an opportunity for this progress to occur.

    “However, significant challenges remain, including ongoing threats from extremist groups and the need to navigate regional tensions to establish effective governance and promote national reconciliation. Success is not guaranteed, and it is imperative for the United States to continue monitoring the situation to ensure the new government remains committed to reform, stability, and pluralism.

    “Yesterday’s executive order is a positive step forward. It offers the Syrian people a chance to move beyond the brutal and devastating war and the horrific suffering endured over decades at the hands of the Assad regime.”

    Background on Rep. French Hill’s Work on Syria

    Rep. French Hill has been deeply involved in shaping U.S. policy toward Syria, particularly in holding the Assad regime accountable for its war crimes and human rights abuses. The following are among his most significant contributions:

    1.     Caesar Syria Civilian Protection Act: Co-sponsored by Rep. Hill and signed into law in 2019, this act imposes broad sanctions on individuals and entities supporting the Assad regime’s human rights violations.

    2.     Combating Captagon Trafficking: Rep. Hill has been a leading voice in addressing the illicit production and trafficking of Captagon, a drug that funded the Assad regime’s operations. He introduced two key pieces of legislation targeting this issue: the Illicit Captagon Trafficking Suppression Act, signed into law on April 24, 2024, imposing sanctions on Captagon traffickers, and the Countering Assad’s Proliferation, Trafficking, and Garnering of Narcotics (CAPTAGON) Act, incorporated into the FY 2023 NDAA, which requires a U.S. interagency strategy to disrupt Assad-linked narcotics trafficking.

    3.     Syria Caucus Leadership: Rep. Hill serves as co-chair of the ‘Friends of a Free, Stable, and Democratic Syria Caucus,’ a bipartisan congressional group that advocates for freedom, human rights, accountability, the rule of law, and secular democracy for the Syrian people, making him one of the leading voices on Syria policy in Congress.

    4.     Anti-normalization Legislation: In 2023, Rep. Hill co-sponsored legislation that would prohibit the U.S. government from recognizing or normalizing relations with any Syrian government led by Assad, expanding on the Caesar Act in response to efforts by Arab League countries to readmit Syria.

    5.     Historic Syria Visit: In August 2023, Rep. Hill was part of the first congressional delegation to visit Syria in six years, meeting with the teachers and students at the Wisdom House School for Syrian orphans and with the White Helmets.

    6.     Humanitarian Advocacy: Beyond legislation, Rep. Hill has worked to support the Syrian people and raise awareness of the ongoing atrocities. He also met with “Caesar,” the Syrian defector whose photographs documenting the regime’s violence and atrocities became a key part of the international body of evidence against Assad’s regime.


    Background on Executive Order: “Providing for the Revocation of Syria Sanctions”

    An executive order signed by President Trump on June 30, 2025, lifts comprehensive U.S. sanctions on Syria effective July 1, 2025, citing the “positive actions taken by the new Syrian government.” The order revokes multiple executive orders dating back to 1979, acknowledging that circumstances have been “transformed by developments over the past 6 months”

    The Executive Order can be found by clicking HERE.

    MIL OSI USA News