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Category: Eurozone

  • MIL-OSI USA: Murphy Delivers Speech on Dangers of Unregulated AI During CODEL to Europe

    US Senate News:

    Source: United States Senator for Connecticut – Chris Murphy

    June 20, 2025

    PARIS—U.S. Senator Chris Murphy (D-Conn.) delivered a major speech on the threats posed to the U.S. economy and spiritual health of Americans by unregulated artificial intelligence technology at the Paris Institute of Political Studies during a congressional delegation to Paris, France and Bucharest, Romania.

    Murphy acknowledged the potential benefits of this transformational technology: “It will likely turn out to be one of the most socially and economically disruptive technologies ever. It’s probably going to be bigger than the printing press or advanced medicine or the internet. And there’s also no doubt that it has enormous practical upsides. Medical advances will come more quickly. Production will be cheaper. Administration will become more efficient. Complex societal problems will be solved more easily.”

    But Murphy warned the Trump administration is downplaying the potential risks of unregulated AI technology, evidenced by a speech given earlier this year by Vice President J.D. Vance: “The current U.S. administration is right now fully captured by the AI industry, and they are focused only on driving up the industry’s profits at the expense of the American worker and the American family. The vice president said at that summit that the White House refuses to view AI as a purely disruptive technology that will inevitably automate away our labor force. But this is exactly what unregulated, unchecked AI will do. The vice president claimed that the White House wanted the AI driven internet to be a safe place, but refused to endorse a single rule or a single idea that would keep it safe, apparently believing the industry whitewash that they will just self-regulate and prioritize family and citizen safety above profits, something the tech industry has never done.”

    He argued the industry leaders lobbying against AI regulation are prioritizing profit over the common good: “The leaders of these companies, brimming with dangerous hubris, rapacious in their desire to build wealth and power, and far too comfortable in shrugging off the destructive power of their product… They’re in a race to deploy and commercialize and profit, and they are paying mere lip service to the ways in which AI and AGI could destroy the already fraying fabric of our country…If we don’t decide collectively as a transatlantic community to protect ourselves from the most transformational technology of our lifetime. And as I said, perhaps in the history of the world, we won’t have democracies to be able to protect the values that we care so deeply about. We won’t be able to debate domestic and foreign policy.”

    He pushed back on those who argue regulating AI in the U.S. will give China a strategic advantage in developing the technology: “Frankly, China is likely rooting for us to use American and European citizens as guinea pigs for the AI revolution because they aren’t doing that. China’s attempts at regulation have been lighter than the EU, but it’s just not true that China believes that the way to beat the United States towards AI prominence is by not regulating the industry. China would love for the United States economy to collapse, because we are less thoughtful than Beijing in controlling the job loss they would love for unchecked fake video and audio to turn our culture into chaos. They would love for our young people to become even further lost and isolated as robot friends replace real friends and real interaction. Regulating AI isn’t a gift to China – it’s a way to make sure that we manage the growth of AI in a way that makes sure that we beat the Chinese in this race.”

    ##

    MIL OSI USA News –

  • MIL-OSI Europe: Initiative Marianne

    Source: France-Diplomatie – Ministry of Foreign Affairs and International Development

    Presentation

    In 2021, French President Emmanuel Macron announced the launch of the Marianne Initiative for human rights defenders, aimed at better supporting them in their fight, both abroad and in France.

    The Marianne Association for Human Rights Defenders was created to federate the actors involved in our country (State, organisations and associations for the promotion of human rights and reception, local authorities, qualified personalities, etc.) and to carry the initiative’s support pillar in France, for the benefit of about fifteen laureates per year (reception, personalised support, networking, etc.).

    “France is and will remain a land of welcome for human rights defenders

    Après la réception d’une première promotion exclusivement féminine en 2022, trois nouvelles promotions mixtes se sont suite ensuite succédées, en 2023, 2024 et plus récemment 2025.

    Some fifteen men and women from every continent have been welcomed to France for six months as part of the Initiative. The winners benefit from a training program designed to strengthen their skills and commitment in their home country or in France, whether in favor of civil and political rights, women’s rights, minority rights or environmental rights.

    A look back at past years

    “The protection of human rights is more than ever a topical battle, in a context where repression is multiplying in every corner of the world”.

    Emmanuel Macron – President of the Republic, at the launch of the second promotion

    “Fundamental human rights are under increasing threat around the world. On this international day, I wanted to launch the Marianne Initiative for Human Rights Defenders. To take these rights everywhere. To protect and support its defenders.”

    Emmanuel Macron – President of the Republic, on Human Rights Day 2021

    Read more

    MIL OSI Europe News –

  • MIL-OSI Africa: Morocco: His Majesty the King Congratulates Grand Duke, Grand Duchess of Luxembourg on National Day

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

    Download logo

    His Majesty King Mohammed VI sent a congratulatory message to their Royal Highnesses Grand Duke Henri and Grand Duchess Maria Teresa of Luxembourg on the occasion of their country’s national day.

    In this message, the Sovereign extends His best wishes for happiness to their Royal Highnesses and prosperity to the people of Luxembourg.

    On this occasion, His Majesty the King expresses His esteem for the friendship ties uniting Morocco and the Grand Duchy of Luxembourg.

    – on behalf of Kingdom of Morocco – Ministry of Foreign Affairs, African Cooperation and Moroccan Expatriates.

    MIL OSI Africa –

  • MIL-OSI Analysis: How to protect your favourite urban trees from increasing danger

    Source: The Conversation – UK – By Lucy Grace, PhD Candidate, Climate Change and Literature, Nottingham Trent University

    Whether your favourite tree is in a private garden, on wasteland, in a school playground or on the street, your emotional response may be admiration, relaxation, rejuvenation or awareness of the seasons passing. But so many special trees are experiencing a combination of threats.

    According to a new report from environmental charity the Tree Council and government-funded agency Forest Research, introduced pests and diseases, pollution, extreme weather and infrastructure development are all on the increase, which could be a disaster for the UK’s trees. These affect trees’ condition, resilience and capacity to mitigate the climate and nature crises.

    Not only do trees play ecological roles in nature, such as shelter for wildlife and protection from floods, many people have long-standing connections to trees. A report from the Tree Council highlights the role of trees as an important part of the “fabric of human cultures and societies”.

    This demonstrates a move away from appreciating only the ecological benefits provided by urban trees and towards the social and cultural importance they hold for local populations.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    The ecological and biodiversity values of trees are well-documented. Trees offer homes and food for birds, insects and wildlife. They prevent rainwater reaching the ground by as much as 45%. When combined with grass, surface water flooding is reduced by 99% compared with tarmac. Urban trees reduce air pollution, quieten noise and keep cities shaded and cool.

    Thousands of people cast votes for their favourite trees in the UK and Europe. In a recent study, over half of 1,800 adults surveyed said they had a favourite tree and 74% felt that urban development is the greatest threat to our trees.

    That’s not the only threat, though. Single species planting of street trees, for example, leaves the trees vulnerable to diseases (such as Dutch elm or ash dieback). Rising temperatures and water scarcity leaves trees competing for resources.

    But what does that mean for our urban trees? Approximately 30% of tree cover in England exists outside forest and woodland. Such trees form an essential habitat in urban areas where 83% of the UK’s population live, yet more than ever before our urban trees are facing threats from a deadly combination of environmental change and human development. In Wales, for example, 7,000 mature trees in towns and cities were lost between 2006 and 2013.

    To try to address this growing crisis, woodland charity Forest Research have released a new, national free to use “trees outside woodland” map. This refers to any trees found in settings such as parks, open countryside and farmland, gardens and estates, or beside roads and paths.

    These can be on a street corner, beside a railway track or in a market square and includes very old trees like those listed on the ancient tree inventory plus otherwise unremarkable trees growing in unusual settings, such as the vandalised 200-year-old Sycamore Gap tree.

    Why we love trees

    England is dawdling behind many other countries when it comes to protecting important trees. Forest Research found that trees outside woodland share many of the social and cultural values associated with trees in woodlands, however people make specific relationships with these urban trees and they are more likely to be considered unique and irreplaceable.

    Trees in urban areas have huge social benefits too.
    Karo Martu/Shutterstock

    They can be recognised for their grace and beauty or for their associations with customs, beliefs and rituals. They can be a place to rest and play and symbols of community belonging. They can give a sense of continuity, connecting people’s lifespans with reflections about the natural world and everything beyond.

    Many countries give clear titles to their important trees. In Poland, they are called natural monuments, in Germany they are living monuments. Spain, Belgium, Greece, Mexico and Finland use the term “monumental trees”. In New Zealand, special urban trees are referred to as national living landmarks. Currently England falls behind in designating trees for protection based on their historical or aesthetic importance.

    Trees for everyone

    A common feature across many countries is the opportunity for anyone, including members of the public, to recommend a tree for protection. Tree equity is the idea that everyone should have access to the benefits of trees. It includes prioritising and deploying resources in the areas where people have least access to them.

    Tree inequity exists in most UK towns and cities. On average, the most economically and socially deprived and most ethnically diverse neighbourhoods have half the tree canopy cover compared to the least deprived and least diverse.

    Canopy cover ranges from 1–2% in parts of north-east England to 36% in Hampstead, north London. Even within London there are wide variations.

    So ensure your favourite tree can be appreciated and celebrated by your community as a living monument, make sure it is on the Trees Outside Woodland map. And check if it needs a drink.

    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.

    Lucy Grace receives funding from AHRC for her PhD through the Midlands4Cities Doctoral Training Partnership.

    – ref. How to protect your favourite urban trees from increasing danger – https://theconversation.com/how-to-protect-your-favourite-urban-trees-from-increasing-danger-258227

    MIL OSI Analysis –

  • MIL-OSI Analysis: How to protect your favourite urban trees from increasing danger

    Source: The Conversation – UK – By Lucy Grace, PhD Candidate, Climate Change and Literature, Nottingham Trent University

    Whether your favourite tree is in a private garden, on wasteland, in a school playground or on the street, your emotional response may be admiration, relaxation, rejuvenation or awareness of the seasons passing. But so many special trees are experiencing a combination of threats.

    According to a new report from environmental charity the Tree Council and government-funded agency Forest Research, introduced pests and diseases, pollution, extreme weather and infrastructure development are all on the increase, which could be a disaster for the UK’s trees. These affect trees’ condition, resilience and capacity to mitigate the climate and nature crises.

    Not only do trees play ecological roles in nature, such as shelter for wildlife and protection from floods, many people have long-standing connections to trees. A report from the Tree Council highlights the role of trees as an important part of the “fabric of human cultures and societies”.

    This demonstrates a move away from appreciating only the ecological benefits provided by urban trees and towards the social and cultural importance they hold for local populations.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    The ecological and biodiversity values of trees are well-documented. Trees offer homes and food for birds, insects and wildlife. They prevent rainwater reaching the ground by as much as 45%. When combined with grass, surface water flooding is reduced by 99% compared with tarmac. Urban trees reduce air pollution, quieten noise and keep cities shaded and cool.

    Thousands of people cast votes for their favourite trees in the UK and Europe. In a recent study, over half of 1,800 adults surveyed said they had a favourite tree and 74% felt that urban development is the greatest threat to our trees.

    That’s not the only threat, though. Single species planting of street trees, for example, leaves the trees vulnerable to diseases (such as Dutch elm or ash dieback). Rising temperatures and water scarcity leaves trees competing for resources.

    But what does that mean for our urban trees? Approximately 30% of tree cover in England exists outside forest and woodland. Such trees form an essential habitat in urban areas where 83% of the UK’s population live, yet more than ever before our urban trees are facing threats from a deadly combination of environmental change and human development. In Wales, for example, 7,000 mature trees in towns and cities were lost between 2006 and 2013.

    To try to address this growing crisis, woodland charity Forest Research have released a new, national free to use “trees outside woodland” map. This refers to any trees found in settings such as parks, open countryside and farmland, gardens and estates, or beside roads and paths.

    These can be on a street corner, beside a railway track or in a market square and includes very old trees like those listed on the ancient tree inventory plus otherwise unremarkable trees growing in unusual settings, such as the vandalised 200-year-old Sycamore Gap tree.

    Why we love trees

    England is dawdling behind many other countries when it comes to protecting important trees. Forest Research found that trees outside woodland share many of the social and cultural values associated with trees in woodlands, however people make specific relationships with these urban trees and they are more likely to be considered unique and irreplaceable.

    Trees in urban areas have huge social benefits too.
    Karo Martu/Shutterstock

    They can be recognised for their grace and beauty or for their associations with customs, beliefs and rituals. They can be a place to rest and play and symbols of community belonging. They can give a sense of continuity, connecting people’s lifespans with reflections about the natural world and everything beyond.

    Many countries give clear titles to their important trees. In Poland, they are called natural monuments, in Germany they are living monuments. Spain, Belgium, Greece, Mexico and Finland use the term “monumental trees”. In New Zealand, special urban trees are referred to as national living landmarks. Currently England falls behind in designating trees for protection based on their historical or aesthetic importance.

    Trees for everyone

    A common feature across many countries is the opportunity for anyone, including members of the public, to recommend a tree for protection. Tree equity is the idea that everyone should have access to the benefits of trees. It includes prioritising and deploying resources in the areas where people have least access to them.

    Tree inequity exists in most UK towns and cities. On average, the most economically and socially deprived and most ethnically diverse neighbourhoods have half the tree canopy cover compared to the least deprived and least diverse.

    Canopy cover ranges from 1–2% in parts of north-east England to 36% in Hampstead, north London. Even within London there are wide variations.

    So ensure your favourite tree can be appreciated and celebrated by your community as a living monument, make sure it is on the Trees Outside Woodland map. And check if it needs a drink.

    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.

    Lucy Grace receives funding from AHRC for her PhD through the Midlands4Cities Doctoral Training Partnership.

    – ref. How to protect your favourite urban trees from increasing danger – https://theconversation.com/how-to-protect-your-favourite-urban-trees-from-increasing-danger-258227

    MIL OSI Analysis –

  • MIL-OSI Global: At June’s Nato summit, just keeping Donald Trump in the room will be seen as a victory

    Source: The Conversation – UK – By Stefan Wolff, Professor of International Security, University of Birmingham

    Gints Ivuskans/Shutterstock

    When Nato leaders meet for their annual summit in The Hague on Wednesday June 25, all eyes will be on Donald Trump. Not only is the 47th president of the United States less committed to the alliance than any of his predecessors in Nato’s 76-year history. But he has also just joined Israel’s war with Iran and seems to have given up his efforts to end the war in Ukraine.

    Leaders of Nato’s 32 member states should therefore have had a packed agenda. Although there are several meetings and a dinner planned for June 24, the actual summit – which has tended usually to stretch out over several days – has been reduced to a single session and a single agenda item. All of this has been done to accommodate the US president.

    A single session reduces the risk of Trump walking away from the summit early, as he did at the G7 leaders meeting in Kananaskis, Canada, on June 16.

    The single item remaining on the agenda is Nato members’ new commitment to increase defence spending to 5% of GDP by 2035. This is meant to placate Trump who demanded such an increase even before his inauguration in January 2025.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    Trump has frequently complained, and not without justification, that European members of the alliance invested too little in their defence and were over-reliant on the US. A draft summit declaration confirming the new spending target has now been approved after Spain secured an opt-out.

    Even accounting for Trump’s notorious unpredictability, this should ensure that Nato will survive the Hague summit intact. What is less clear is whether Nato’s members can rise to the unprecedented challenges that the alliance is facing.

    These challenges look different from each of the member states’ 32 capitals. But, for 31 of them, the continued survival of the alliance as an effective security provider is an existential question. Put simply, they need the US, while the US doesn’t necessarily need to be part of the alliance.

    The capability deficit that Canada and European member states have compared to the US was thrown into stark relief by Washington’s airstrikes against Iran over the weekend. This is not simply a question of increasing manpower and to equip troops to fight. European states also lack most of the so-called critical enablers, the military hardware and technology required to prevail in a potential war with Russia.

    This includes, among other things, intelligence capabilities, heavy-lift aircraft to quickly move troops and equipment and command and control structures that have traditionally been provided by US forces. These will take significant time and resources to replace.

    For now, Russia is tied down in Ukraine, which will buy time. And the 5%-commitment – even if not all member states will get there quickly or at all – is likely to go some way towards to mobilise the necessary resources for beefing up Europe’s defences. But time and resources are not limitless. And is not yet clear what the American commitment to Europe will be in the future and when and how it will be reduced.

    A new type of war

    Nor is it completely obvious what kind of war Europe should prepare for. Russia’s aggression against Ukraine is both a very traditional war of attrition and a very modern technological showdown.

    A future confrontation with the Kremlin is initially likely to take the form of a “grey-zone” conflict, a state of affairs between war and peace in which acts of aggression happen but are difficult to attribute unambiguously and to respond to proportionately.

    This has arguably already started with Russian attacks on critical infrastructure. And as the example of Ukraine illustrates, grey-zone conflicts have the potential to escalate to conventional war.

    In February 2022, Russia saw an opportunity to pull Ukraine back into its zone of influence by brute force after and launched a full-scale invasion, hoping to capture Kyiv in a matter of a few days. This turned out to be a gross misjudgement on the Kremlin’s part. And three years on from that, if frequent Russian threats are to be believed, the possibility of a nuclear escalation can no longer be ruled out either.

    Key members of the alliance are unequivocal in their assessment of Russia as an existential threat to Europe. This much has been made clear in both the UK’s strategic defence review and the recent strategy paper for the German armed forces.

    Nato secretary-general Mark Rutte, the former prime minister of The Netherlands, gives a press conference before the Nato summit.

    Yet, this is not a view unanimously shared. Trump’s pro-Putin leanings date back to their now infamous meeting in Helsinki when he sided with the Russian president against his own intelligence services.

    In Europe, long-term Putin supporters Victor OrbanOrbán and Robert Fico, the prime ministers of EU and Nato members Hungary and Slovakia, have just announced that they will not support additional EU sanctions against Russia.

    Hungary and Slovakia are hardly defence heavyweights, but they wield outsized institutional power. Their ability to veto decisions can disrupt nascent European efforts both within the EU and Nato to rise to dual challenge of an increasingly existential threat to Europe from Russia and American retrenchment from its 80-year commitment to securing Europe against just that threat.

    What will, and more importantly what will not, happen at the Nato summit in The Hague will probably be looked back on as another chapter in the remaking of the international order and the European security architecture. A Nato agreement on increased defence spending should be enough to give the organisation another lease of life. But the implicit inability to agree on what is the main threat the alliance needs to defend itself against is likely to put a short expiration date on that.



    Read more:
    US joins Israel in attack on Iran and ushers in a new era of impunity

    Stefan Wolff is a past recipient of grant funding from the Natural Environment Research Council of the UK, the United States Institute of Peace, the Economic and Social Research Council of the UK, the British Academy, the NATO Science for Peace Programme, the EU Framework Programmes 6 and 7 and Horizon 2020, as well as the EU’s Jean Monnet Programme. He is a Trustee and Honorary Treasurer of the Political Studies Association of the UK and a Senior Research Fellow at the Foreign Policy Centre in London.

    – ref. At June’s Nato summit, just keeping Donald Trump in the room will be seen as a victory – https://theconversation.com/at-junes-nato-summit-just-keeping-donald-trump-in-the-room-will-be-seen-as-a-victory-259585

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Business leaders welcome the government’s modern Industrial Strategy

    Source: United Kingdom – Executive Government & Departments

    Press release

    Business leaders welcome the government’s modern Industrial Strategy

    Business leaders have welcomed the government’s modern Industrial Strategy – a 10-year plan to promote growth.

    Business leaders from across the UK have welcomed the government’s modern Industrial Strategy. The Strategy is a 10-year plan to promote business investment and growth and make it quicker, easier and cheaper to do business in the UK.

    The plan focuses on 8 sectors where the UK is already strong and there’s potential for faster growth: Advanced Manufacturing, Clean Energy Industries, Creative Industries, Defence, Digital and Technologies, Financial Services, Life Sciences, and Professional and Business Services.

    Joint statement from business groups: 

    “The Industrial Strategy launched today marks a significant step forward and a valuable opportunity for the business community to rally behind a new vision for the UK—boosting confidence, sentiment, and enthusiasm for investment. 

    “From start-ups and small businesses to large corporates, businesses need a more attractive, stable environment that enables faster, easier, and more certain investment decisions.  

    “We welcome the Government’s engagement with businesses across the UK. Much of what we’ve shared has been heard and reflected in this strategy. While there’s more to do, we are ready to support the next steps. 

    “We encourage businesses nationwide to get behind this strategy and champion the UK as the best place to live, work, invest, and do business.” 

    Statement on behalf of: 

    • Shevaun Haviland, Director General, British Chambers of Commerce 

    • Rain Newton-Smith, Director General, Confederation of British Industry 

    • Aaron Asadi, Chief Executive Officer, Enterprise Nation 

    • Tina McKenzie, Policy and Advocacy Chair, Federation of Small Businesses 

    • Stephen Phipson, Chief Executive Officer, Make UK 

    • Michelle Ovens, Founder, Small Business Britain 

    • Dom Hallas, Executive Director, Startup Coalition 

    Advanced Manufacturing 

    Dr Hayaatun Sillem CBE, Chief Executive, Royal Academy of Engineering:

    “We are delighted to see the announcement of new skills packages for tech, engineering and defence, recognising that the Industrial Strategy’s objectives simply cannot be delivered without a significant boost to investment in our engineering and tech talent base. These packages provide a much-needed opportunity for government to take a holistic view of the rapidly changing skills landscape, and to work with partners across industry and professional bodies to make sure the UK tackles its longstanding skills and diversity deficits in these crucial areas. Today is International Women in Engineering Day – a reminder that we still have much to do to deliver equitable participation in these high-value jobs, and better outcomes for people from all parts of the UK. 

    “The Royal Academy of Engineering looks forward to supporting government in taking forward these recommendations, including through our new Skills Centre. We also welcome the publication of the Technology Adoption Review and hope that this will result in meaningful action to increase the capacity of the UK’s industrial base and public sector to deploy existing technologies at the scale and pace demanded in today’s tech-driven world.” 

    John Harrison, General Counsel and Head of Public Affairs, Airbus:

    “Airbus welcomes the UK’s modern Industrial Strategy. Having worked closely with the Government to help shape this plan, we are delighted to see it deliver a long-term vision, built on a genuine partnership with industry.  

    “The firm long-term commitment to the full innovation lifecycle, from R&D in the Aerospace Technology Institute to a focus on commercialisation and supply chain resilience, provides the confidence and stability needed to fuel innovation and anchor high-value manufacturing in the UK for decades to come. The significant new investment in skills is also critical, creating a strong pipeline of engineering and digital talent, which will be the foundation for developing the sustainable technologies of the future, from hydrogen-powered aircraft to next-generation space systems. We stand ready to help turn this ambitious strategy into a reality for British industry.” 

    Clean Energy  

    Dhara Vyas, CEO, Energy UK:

    “Energy UK welcomes the Government’s new Industrial Strategy and Clean Energy Industries sector plan, which rightly recognise the pivotal role energy will play across the whole economy, powering growth through digitalisation and electrification, boosting regional prosperity and delivering economic security and resilience.   

    “Stable, affordable energy prices will help ensure that the UK remains a competitive place to do business, and in an increasingly uncertain global operating environment, clean power will deliver energy security. Focussing on priority technologies where the UK has global expertise will deliver a strong competitive advantage for our businesses and economy.   

    “We know the investment necessary to decarbonise the economy will mostly be funded by the private sector. Clarity on Government policy, removal of the barriers to investment and targeted support are all essential to meet this ambition.”     

    Sue Ferns, Senior Deputy General Secretary, Prospect Union:  

    “Boosting clean energy is not only an important mission in its own right, it is central to the success of every other sector. It is welcome to see the government doubling down on this mission, focusing investment on key technologies like renewables and nuclear energy, and recognising the key role that trade unions play as partners in this strategy.  

    “Securing the investment is important, but perhaps the biggest challenge in this area is around the workforce. The energy workforce is undergoing an unprecedented transition, which creates opportunities for many but also serious challenges that need to be addressed.  

    “Delivering on this strategy in a way which creates prosperity and supports jobs will require the government’s forthcoming energy workforce plan to be as ambitious as possible and fully backed by all parts of government.”  

    Martin Pibworth, Chief Executive Designate, SSE plc:

    “The government’s industrial strategy is a welcome signal of long-term thinking and ambition – doubling down on homegrown energy is the right thing for security, resilience and affordability, making the most of the UK’s competitive geographical and technical advantages in renewables in particular. It’s exactly the kind of commitment that gives industry the confidence to deliver at pace and scale, and with important decisions on energy policy expected in the weeks ahead, we hope to see a continued focus on unlocking investment that drives growth. As the UK’s clean energy champion, SSE is investing £17.5bn over five years to 2027 – building the infrastructure, creating high-quality jobs, supporting the supply chain and driving the innovation needed to deliver a net zero economy.” 

    Creative Industries 

    Caroline Norbury, Chief Executive, Creative UK: 

    “The Sector Plan signals that the creative industries are central to the UK’s growth story. From freelancers to scale-ups, this is a step towards the joined-up support our sector needs – and Creative UK stands ready to work with government and industry partners to turn ambition into action.  

    “As we move into delivery mode, it’s essential that all parts of the sector – from cultural organisations to creative tech firms – are empowered to grow, invest and contribute fully to the UK’s economic future.” 

    Dana Strong, Sky Group CEO:  

    “We warmly welcome the Government’s support for the UK’s creative industries in today’s Industrial Strategy. The media and entertainment sector is a cultural powerhouse and a key driver of growth, with the potential to add £10 billion to the economy and create 40,000 jobs by 2033. Seizing this opportunity is vital to maintaining the UK’s global leadership in creativity.” 

    Alison Lomax, Managing Director, YouTube UK & Ireland:  

    “We welcome the Creative Industries Sector Plan’s commitment to a robust framework for creatives across the UK. It’s particularly encouraging to see the government acknowledge the digital creator economy’s vital role in driving growth for our creative industries. By embracing new distribution models that boost our cultural exports, this vision will solidify the UK’s position as a global cultural superpower.” 

    Defence 

    David Lockwood OBE, CEO, Babcock International:

    “We welcome the release of the Government’s Modern Industrial Strategy today, setting out the strategic direction for critical sectors including advanced manufacturing, space and nuclear. The Government’s intent to back British businesses and invest in sovereign industries will lay the foundations for economic growth and unleash the potential of the growth sectors to drive prosperity across the UK. We look forward to the publication of the Defence Sector Plan, and working with the Government to bolster the British defence industrial base and safeguard our national and economic security.” 

    Charles Woodburn, Chief Executive, BAE Systems: 

    “The UK’s modern Industrial Strategy rightly recognises the importance of investing in skills and developing a workforce for the future. The UK’s defence sector is a powerhouse of skilled employment and training. Across the supply chain, it’s critical that we continue to invest in our people, just as much as we invest in technology, to ensure we can deliver the capabilities our armed forces need to stay ahead in an era of increasing instability. 

    “That’s why, this year alone, BAE Systems is recruiting more than 2,400 new apprentices and graduates across the UK and we recognise the importance of government, industry and academia working together to develop the talent needed to support this critical high growth sector.” 

    Paul Livingston CBE, Chief Executive, Lockheed Martin UK & NATO: 

    “Lockheed Martin welcomes publication of the UK government’s Modern Industrial Strategy and especially its identification of defence, space, and digital technologies as core areas for driving economic growth and expanding mutually beneficial international partnerships with the United States, NATO and their allies. With 28 facilities spanning the length and breadth of the country we’re committed to combining the best skills, expertise and technologies from the UK and the United States to boost capacity, sustain jobs and deliver economic benefits in both countries.” 

    Digital and Tech 

    Antony Walker, Deputy CEO, techUK: 

    “Today, the government has outlined welcome measures to boost confidence for the UK tech sector and the wider economy. 

    “techUK has long called for the Industrial Strategy to focus on strengthening the conditions for growth of the UK tech sector and accelerating the adoption of new technologies across the economy and public services. 

    “In an era of rapid technological change, the government must now work in true partnership with business to bolster investment and digital adoption across the whole of the UK economy and secure the country’s competitive advantage in key markets, including semiconductors and AI. techUK, and our members, stand ready to support this government to do so.” 

    Allison Kirkby, Chief Executive, BT Group: 

     “Long-term plans which have positive impact pay.  

    “BT has invested over £24bn in the UK so far this decade and will invest a further £20bn before it’s done, to upgrade the country’s digital infrastructure.  

    “That’s why we welcome the Government’s Industrial Strategy for the decade ahead. 

    “And it’s great to see it give telecoms prominence: at the centre of a high-growth sector as well as a lever for growth in the wider economy.  

    “We look forward to working more with Government on steps they can take to unlock further growth, and make sure the UK’s record-breaking fibre success story is followed fast by an acceleration in 5G too.” 

    Emily Turner, UK CEO, HSBC Innovation Banking:

    “I welcome today’s Industrial Strategy, which sets out positive steps to back the UK’s growth driving sectors, particularly Digital and Technologies. This ten-year strategy will help position the UK as an open and attractive destination for talent and investment, at a time when global competition is particularly acute.  ”We look forward to working closely with our clients and the government to ensure the effective implementation of the sector plans to help realise the full ambition of the UK’s industrial strategy, while ensuring that it remains flexible to keep pace with technological developments.” 

    Darren Hardman, CEO, Microsoft UK:

    “This is a really progressive plan from the Government. Cutting red tape, reducing energy costs, accelerating the delivery of new projects and ensuring the UK has a highly skilled workforce to take advantage of the AI economy. These are all critical factors in encouraging investment from businesses here in the UK and around the world.” 

    Vishal Marria, Founder and CEO, Quantexa:  

    “This Industrial Strategy is a key moment for the UK’s growth economy. By addressing structural headwinds like energy costs and grid access, the government is unlocking the potential of British industry. As a UK-founded data and AI company, we welcome the vision to make Britain the best place to build, scale, and invest. Lowering business electricity costs, accelerating clean energy, and prioritising digital skills are vital for sectors like technology, financial services, defence, and advanced manufacturing – all of which will rely on AI and trusted data to compete and lead. This strategy is the bold signal of confidence UK industry has been waiting for.” 

    Financial Services 

    Hannah Gurga, Director General, ABI:  

    “Today’s Industrial Strategy delivers a clear long-term growth vision, commitment to genuine partnership with business and the regulatory certainty firms need to thrive. We’re pleased that financial services has been recognised as a key growth sector and look forward to working with government on the detailed sector plan. 

    “The expansion of the British Business Bank’s capacity and its new £6.6 billion growth-capital commitment will unlock vital funding to support smaller UK businesses and drive growth.” 

    Miles Celic OBE, Chief Executive Officer, TheCityUK:  

    “The ambitions of today’s Industrial Strategy are laudable, highlighting the priorities for national growth.  Financial and related professional services are crucial to its success, from unlocking private capital for innovative businesses to increasing investible opportunities across the regions and nations. 

    “We believe that supporting growth across whole country is particularly important and we are pleased to see the establishment of the Strategic Investment Opportunities Unit within the Office for Investment. This is the first critical step in the proposal we’ve been pushing to attract investors and capital. 

    “Transforming both the planning and public procurement processes, making it easier for businesses to bring in global talent whilst addressing the skills shortfall here in the UK, and strengthening global market partnerships are vital for future proofing the economy and are steps where our industry has long called for action. 

    “The detailed delivery plans for each of the eight sectors of the Industrial Strategy will be critical to realising its ambition. We look forward to seeing these. The vital issue now is delivery. We are committed to working closely with government and the regulators on the successful execution of these ambitions.” 

    James Alexander, CEO, UKSIF: 

    “We welcome the overarching ambition of the Industrial Strategy, which feels like a generational shift in thinking. This rightly recognises that government and investors need to work in partnership through a shared vision so we can make the UK the ‘sustainable finance capital of the world’.” 

    Life Sciences 

    Richard Torbett, Chief Executive, ABPI: 

    “This strategy sets out a clear vision for how to grow the UK economy and is rightly focused on many of the key inputs the country needs to get right to create the conditions for success. The task now must be to move quickly from planning to delivery, rapidly boosting UK attractiveness for investment and returning the country to international competitiveness.   “For UK life sciences, a successful strategy means ensuring the UK is not only a cutting-edge place to research and develop the medicine of the future, but also a country which seeks to embrace and use the life-changing innovations we are developing. This will be the key litmus test for success in the upcoming life science sector plan and the NHS 10-year plan, where we hope to see more detail.” 

    Steve Bates OBE, CEO, UK BioIndustry Association (BIA): 

     “The Industrial Strategy has prioritised the life sciences sector because it will disproportionately drive economic growth over the next decade and help deliver an NHS fit for the future. 

    “SMEs are the lifeblood of this innovative industry and a strength of the UK ecosystem, securing £3.7 billion investment last year, much of it from overseas. We are on the verge of creating a new generation of globally-impactful companies, so it is a smart move by Government to establish a dedicated support service to help 10–20 high-potential UK life science companies scale, attract investment, and remain headquartered in the UK. 

    “The £4 billion British Business Bank Industrial Strategy Growth Capital initiative will bring new agility to support fledgling companies and cutting-edge technologies as part of the pro-innovation Industrial Strategy. We look forward to working closely with the Bank as they establish this programme for our sector. 

    “These, alongside improved health data resources for innovators, faster clinical trials, more streamlined and joined-up medicines regulation and access pathways, and investments in medicines manufacturing, mean this Industrial Strategy and the upcoming Life Sciences Sector Plan deliver across the breadth of BIA’s priorities on behalf of our members. These plans are just the beginning, however, as we will now get down to the serious work of delivering these commitments in partnership with the Government.” 

    Professor Andrew Morris CBE FRSE PMedSci, President, Academy of Medical Sciences:   

    “Today’s Industrial Strategy represents a significant step forward for UK life sciences – placing the sector at the heart of our economic future and recognising health and wealth are inseparable. This bold vision acknowledges what the Academy of Medical Sciences has long argued: that our world-leading research institutions, the NHS and our exceptional scientific talent can drive national and regional renewal in ways no other sector can match.  

    “We are particularly encouraged by the Government’s ambitious goal to make the UK the leading life sciences economy in Europe by 2030, and the third most important globally by 2035. This scale of ambition, combined with over £2bn of committed funding, demonstrates the recognition that life sciences uniquely delivers both economic prosperity and improved health outcomes for all.   

    “The strategy’s focus on pillars for the life sciences – supporting world-class R&D, making the UK an outstanding place to start and grow life sciences businesses, and driving health innovation through NHS reform – provides the framework needed to unlock the sector’s full potential. We welcome the commitment to continue investing in discovery research alongside applied sciences, ensuring we maintain curiosity-driven research that underpins future breakthroughs.  

    “Alignment with the forthcoming NHS 10-Year Health Plan offers unprecedented opportunity to ensure that cutting-edge innovations deliver rapid benefits for patients whilst driving economic growth. We look forward to the detailed life sciences sector plan that will translate these ambitions into action, and will continue working with Government to deliver this vision where scientific excellence drives both patient benefit and national prosperity as the UK achieves its full potential as a global leader in life sciences.”   

    Professional and Business Services 

    Malcolm Gomersall, CEO, Grant Thornton UK:   

    “The publication of the Industrial Strategy is a welcome step forward in setting out a clear, long-term path for growth in the sectors that are powering our economy.   

    “The strategy and the Professional and Business Services plan reflect our own investment priorities for the future, such as increased tech and AI adoption, fostering a highly skilled workforce in areas such as cyber security, digital and net zero transition and growing our specialist capabilities which support the expansion of our clients into international markets. I welcome the clear intention that the wider sector deliver this strategy in partnership with the Government through the Professional and Business Services Council. 

    “As an employer of over 5,500 people in one UK’s fastest growing and most resilient sectors, ourown journey and track record over recent years has been remarkable. To achieve our ambitious growth plans, we know that we need to continue investing in the future, which means ensuring our people have the right skills and tools for a new era of business.” 

    Jon Holt, Group Chief Executive and UK Senior Partner, KPMG: 

    “The UK is the second-largest exporter of professional and business services, making our industry central to this country’s economic strength. We are at the forefront of the AI revolution, we are major employers of diverse talent and we support businesses of all sizes across the country. As a global success story it’s only right that we’re recognised as a high growth sector.  

    “This industrial strategy makes bold choices and sets clear priorities. Its impact will come from a genuine partnership between Government and business, working together on wins to really unlock the growth, profitability and investment that will shape the UK’s future.” 

    Rachel Taylor, Government and Health Industries Leader, PwC: 

    “An industrial strategy without business is just a wish list. The UK Government’s new strategy sets a welcome direction – and business stands ready to turn ambition into action. 

    “Skills are the new growth currency. The Strategy sets out a bold plan to close the UK’s skills gap, and this will make important steps in addressing business leaders’ concerns that we are losing top talent to other countries. We must work together – government, business and our world-class education institutions – to build the workforce of the future and keep that talent here. 

    “Business is ready to lean in. With the right framework, we can unlock investment, drive innovation and deliver the growth and opportunity this strategy sets out to achieve.”

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Europe: Frontex supports European countries with EES pre-registration

    Source: Frontex

    Frontex has developed a mobile application to support European countries with the implementation of the new Entry/Exit System (EES) and to facilitate border checks for travellers.

    The Travel to Europe mobile app allows non-EU travellers comfortably to pre-register travel document data and facial image for the EES before arriving at a border crossing point. It also allows travellers to provide their replies to the conditions of entry questionnaire. In simple terms most of the information that border guards would have to insert to EES about a third country national at the border crossing point could be sent with the app in advance, allowing faster entry or exit.

    The app will go live in selected travel hubs and remains voluntary for Member States and travellers. The first confirmed go-live will take place in Arlanda Airport Sweden this year, in parallel Frontex is planning jointly with Dutch, French and Italian authorities’ pilots in selected major entry points in 2026. In addition, Portugal and Greece have expressed interest for the implementation of app.

    “The app is ready to be used with the start of the EES in the coming autumn. Frontex has done its part, developed a scalable and secure app. Now it is up to every Member State to integrate the app with its national systems. Although its voluntary, we encourage EU countries to make maximum use of it.  It’s not for every border crossing point, but we see a clear added value in big travel hubs, where the time savings brought about by the app would make a real difference,” said Frontex Deputy Executive Director Uku Särekanno in his keynote at Identity Week Europe 2025 held in Amsterdam on 17-18 June.

    The purpose of voluntary EES pre-registration is to reduce processing times at the border, benefitting both national authorities and travellers. The app does not replace border checks but aims at making them smoother and faster.

    More information about the Travel to Europe mobile app.

    More information about the EES.

    MIL OSI Europe News –

  • MIL-OSI: UPDATE – Rockcliffe Capital Initiates Coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM) with a “Strong Buy” Rating and US$155 Price Target

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Rockcliffe Capital is pleased to announce today the initiation of equity research coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM), a premier senior gold mining company with operations spanning Canada, Finland, Australia, Mexico, and the U.S. 

    Following rigorous financial and operational analysis, Rockcliffe Capital assigns Agnico Eagle a “Strong Buy” rating, alongside a 12-month price target of US$155, reflecting strong upside potential of approximately 25% from current market levels.

    “Agnico Eagle has delivered extraordinary operating discipline and record earnings this quarter,” said Felix Gelt, Managing Director of Research at Rockcliffe Capital. “With Q1 net income soaring to US$815 M—up 134% YoY—and free cash flow reaching US$594 M amid near-zero debt, Agnico offers both growth and balance sheet strength in the gold sector.”

    Investment Thesis Highlights:

    • Earnings Powerhouse: Q1 2025 net income rose to US$815 million (US$1.62 EPS), a 134% YoY increase, driven by record operating margins from elevated gold prices.
    • Revenue & Margin Strength: Q1 revenue climbed 34.9% YoY to US$2.468 billion, while all-in sustaining costs (AISC) dropped ~10% to US$1,183/oz, delivering a ~59% margin.
    • Balance Sheet Resilience: Operating cash flow hit US$1.044 billion, free cash flow was US$594 million, enabling net debt to fall to just US$5 million, with cash reserves of US$1.138 billion.
    • Strategic Growth Initiatives: Ongoing capital deployment into high-quality projects like Detour Lake, Upper Beaver, and the O3 Mining acquisition enhances reserve base and future production visibility.
    • Shareholder Returns: Maintains a US$0.40/share quarterly dividend. NCIB buybacks of US$50 million executed in the quarter; the Board plans an expanded NCIB of up to US$1 billion.
    • ESG Leadership: Released its 16th Sustainability Report highlighting best-in-class emissions intensity (0.38 tCO₂e/oz), US$1 billion Indigenous economic commitment, and sector-leading safety.

    Valuation & Target:
    Utilizing a disciplined valuation framework with a projected 2026 EV/EBITDA multiple of ~8× and P/E multiple of ~18×, Rockcliffe Capital derives a 12-month price target of US$155, equivalent to ~US$115/share, indicating ~25% upside from current levels.

    Risk Factors:

    • Gold Price Volatility: A sustained decline in gold prices could compress margins and cash flow.
    • Project Execution: Delays at key sites (e.g., underground transitions, permitting) could affect supply outlook.
    • Macro Factors: A stronger U.S. dollar or higher real interest rates may weigh on gold sector valuations.

    About Rockcliffe Capital Research
    Rockcliffe Capital’s Research Department provides institutional-grade equity research focused on growth-stage companies, public markets, and high-conviction investment themes. Through rigorous analysis, proprietary modeling, and deep sector insights, our research team supports investors, issuers, and strategic partners in identifying value and making informed decisions.

    Our coverage includes detailed valuation frameworks, peer comparisons, financial modeling, and ESG scorecards—delivering the intelligence that drives market leadership.

    Please contact research@rockcliffe.capital for access to our full research suite and initiation reports.

    Media Contact
    Rockcliffe Capital
    Research & Markets Division
    research@rockcliffe.capital
    +1 (416)-642-1967

    This press release is for informational purposes only and does not constitute investment advice. Rockcliffe Capital and its affiliates may hold positions in the securities mentioned.

    The MIL Network –

  • MIL-OSI: UPDATE – Rockcliffe Capital Initiates Coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM) with a “Strong Buy” Rating and US$155 Price Target

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Rockcliffe Capital is pleased to announce today the initiation of equity research coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM), a premier senior gold mining company with operations spanning Canada, Finland, Australia, Mexico, and the U.S. 

    Following rigorous financial and operational analysis, Rockcliffe Capital assigns Agnico Eagle a “Strong Buy” rating, alongside a 12-month price target of US$155, reflecting strong upside potential of approximately 25% from current market levels.

    “Agnico Eagle has delivered extraordinary operating discipline and record earnings this quarter,” said Felix Gelt, Managing Director of Research at Rockcliffe Capital. “With Q1 net income soaring to US$815 M—up 134% YoY—and free cash flow reaching US$594 M amid near-zero debt, Agnico offers both growth and balance sheet strength in the gold sector.”

    Investment Thesis Highlights:

    • Earnings Powerhouse: Q1 2025 net income rose to US$815 million (US$1.62 EPS), a 134% YoY increase, driven by record operating margins from elevated gold prices.
    • Revenue & Margin Strength: Q1 revenue climbed 34.9% YoY to US$2.468 billion, while all-in sustaining costs (AISC) dropped ~10% to US$1,183/oz, delivering a ~59% margin.
    • Balance Sheet Resilience: Operating cash flow hit US$1.044 billion, free cash flow was US$594 million, enabling net debt to fall to just US$5 million, with cash reserves of US$1.138 billion.
    • Strategic Growth Initiatives: Ongoing capital deployment into high-quality projects like Detour Lake, Upper Beaver, and the O3 Mining acquisition enhances reserve base and future production visibility.
    • Shareholder Returns: Maintains a US$0.40/share quarterly dividend. NCIB buybacks of US$50 million executed in the quarter; the Board plans an expanded NCIB of up to US$1 billion.
    • ESG Leadership: Released its 16th Sustainability Report highlighting best-in-class emissions intensity (0.38 tCO₂e/oz), US$1 billion Indigenous economic commitment, and sector-leading safety.

    Valuation & Target:
    Utilizing a disciplined valuation framework with a projected 2026 EV/EBITDA multiple of ~8× and P/E multiple of ~18×, Rockcliffe Capital derives a 12-month price target of US$155, equivalent to ~US$115/share, indicating ~25% upside from current levels.

    Risk Factors:

    • Gold Price Volatility: A sustained decline in gold prices could compress margins and cash flow.
    • Project Execution: Delays at key sites (e.g., underground transitions, permitting) could affect supply outlook.
    • Macro Factors: A stronger U.S. dollar or higher real interest rates may weigh on gold sector valuations.

    About Rockcliffe Capital Research
    Rockcliffe Capital’s Research Department provides institutional-grade equity research focused on growth-stage companies, public markets, and high-conviction investment themes. Through rigorous analysis, proprietary modeling, and deep sector insights, our research team supports investors, issuers, and strategic partners in identifying value and making informed decisions.

    Our coverage includes detailed valuation frameworks, peer comparisons, financial modeling, and ESG scorecards—delivering the intelligence that drives market leadership.

    Please contact research@rockcliffe.capital for access to our full research suite and initiation reports.

    Media Contact
    Rockcliffe Capital
    Research & Markets Division
    research@rockcliffe.capital
    +1 (416)-642-1967

    This press release is for informational purposes only and does not constitute investment advice. Rockcliffe Capital and its affiliates may hold positions in the securities mentioned.

    The MIL Network –

  • MIL-OSI: Credit Agricole Sa: Indosuez Wealth Management plans to acquire the “Wealth Management” clients of the BNP Paribas Group in Monaco

    Source: GlobeNewswire (MIL-OSI)

    Press release

    Monaco / Paris, 23 June 2025

    Indosuez Wealth Management plans to acquire
    the “Wealth Management” clients of the BNP Paribas Group in Monaco

    Indosuez Wealth Management, the wealth management subsidiary of the Crédit Agricole Group, announces that its entity in Monaco, CFM Indosuez, has signed an agreement to acquire the Wealth Management clients of the BNP Paribas Group subsidiary in Monaco.

    This acquisition would enable Indosuez Wealth Management to assert its leading position on the Monegasque market in which it has been present since 1922.

    The BNP Paribas Group’s Wealth Management clients in Monaco will benefit from continuity in the support they receive. They will benefit from the local presence of experts with recognised know-how. They will have access to one of the most comprehensive services on the market, resulting in particular from the universal nature of CFM Indosuez’s offer in the Principality and its position as a leading bank. They will also be able to continue to benefit from an international network, multiple financing capabilities, expertise in corporate finance, fund servicing and management, as well as the solidity of Crédit Agricole, the 9th largest bank in the world.
    This transaction is complemented by a strategic business partnership with the BNP Paribas Group to provide long-term support to its clients with Wealth Management needs in Monaco.

    For Jacques Prost, Chief Executive Officer of Indosuez Wealth Management: “This acquisition would strengthen our position in Monaco with ultra-high net worth clients (UHNW). Indosuez is pursuing its growth strategy in a sector undergoing consolidation and is a major player in wealth management in Europe.”

    Mathieu Ferragut, CEO of CFM Indosuez Wealth Management and Deputy CEO of Indosuez Wealth Management, adds: “We are delighted to welcome the Wealth Management clients of BNP Paribas Group’s Monaco subsidiary. This strengthens our position as Monaco’s leading bank and number one employer. We will work together to make this acquisition a success for both clients and employees.”

    Françoise Puzenat, Head of Monaco at BNP Paribas says: “We are delighted with the agreement reached with CFM Indosuez, a recognised player in the market and with all the assets needed to ensure the best possible continuity of service for our clients and the employees who join them. The sale of the Wealth Management business in Monaco is part of our strategic decision to refocus our local activities on a single platform. BNP Paribas will continue to develop its domestic commercial banking business line in Monaco, which includes corporate banking, private banking and retail banking.”

    The finalisation of the transaction remains subject to the prior approval of the relevant supervisory authorities, and is expected to be completed during the first half of 2026.

    The impact on Crédit Agricole S.A.’s CET1 ratio would be limited.

    ****

    Indosuez Wealth Management contacts

    Indosuez Group: Jenny Sensiau I jenny.sensiau@ca-indosuez.com I +33 7 86 22 15 24

    CFM Indosuez: Magali Jacquet-Lagrèze I mjacquet@cfm-indosuez.mc I +33 6 78 63 38 17

    *****

    About Indosuez Wealth Management

    Indosuez Wealth Management is the global wealth management brand of the Crédit Agricole Group, the world’s 9th largest bank by balance sheet (The Banker 2024).
    For over 150 years, Indosuez Wealth Management has been helping major private clients, families, entrepreneurs and professional investors to manage their private and professional assets. The bank offers a customised approach enabling each of its clients to preserve and develop their wealth in line with their aspirations. Its teams offer a continuum of services and offers that include advisory, financing, investment solutions, fund servicing, and technology and banking solutions.
    Indosuez Wealth Management employs more than 4,500 people in 16 territories around the world: in Europe (Belgium, France, Germany, Italy, Luxembourg, Netherlands, Portugal, Monaco, Spain and Switzerland), Asia-Pacific (Hong Kong SAR, New Caledonia and Singapore), the Middle East (Dubai, Abu Dhabi) and Canada (representative office).
    With €215 billion in client assets at the end of December 2024, Indosuez Wealth Management is one of Europe’s leading wealth management companies.
    Find out more at ca-indosuez.com 

    About CFM Indosuez Wealth Management

    The Indosuez Wealth Management network is embodied in Monaco through CFM Indosuez Wealth Management, the leading bank in the Principality. Its roots go back to 1922, the year it was founded by a number of prominent Monegasque families, some of whom are still shareholders, alongside the majority shareholder (70%), the Crédit Agricole Group.
    With the largest trading room in Monaco and 5 branches in the region, its teams, comprised of nearly 400 highly specialised employees, combine their knowledge of the Principality’s international environment with the vast expertise and opportunities of the international network of Indosuez Wealth Management and the Crédit Agricole Group.
    In addition to Wealth Management, its leading activity, CFM Indosuez Wealth Management serves all clients, whether private, institutional, corporate or professional.
    CFM Indosuez is also the leading bank in Corporate Finance in Monaco.
    In 2024, CFM Indosuez was named best bank in the Principality by international magazine Global Finance for the eighth consecutive year.
    Find us at cfm-indosuez.mc   

    About BNP Paribas in Monaco

    BNP Paribas Wealth Management is a leading global private bank and the largest private bank in the Eurozone with €469 billion in assets under management as of March 2025. Present in 3 regions (Europe, Asia and the Middle East), it employs more than 6,700 professionals who support individuals, entrepreneurs and large families in protecting, growing and passing on their assets. The bank aims to build a sustainable future by combining its expertise and reach with its clients’ influence and desire to make an impact.
    Find us on https://wealthmanagement.bnpparibas/fr.htm

    Attachment

    The MIL Network –

  • MIL-OSI: ASM share buyback update June 16 – 20, 2025

    Source: GlobeNewswire (MIL-OSI)

    Almere, The Netherlands
    June 23, 2025, 5:45 p.m. CET

    ASM International N.V. (Euronext Amsterdam: ASM) reports the following transactions, conducted under ASM’s current share buyback program.

    Date Repurchased shares Average price Repurchased value
    June 18, 2025 215 € 517.52 € 111,267
    June 19, 2025 3,423 € 512.74 € 1,755,120
    June 20, 2025 3,732 € 515.14 € 1,922,520
    Total 7,370 € 514.10 € 3,788,907

    These repurchases were made as part of the €150 million share buyback program which started on April 30, 2025. Of the total program, 28.6% has been repurchased. For further details including individual transaction information please visit: www.asm.com/investors/dividends-share-buybacks.

    About ASM International

    ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM’s website at www.asm.com.

    This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

    Contact

    Investor and media relations

    Victor Bareño
    T: +31 88 100 8500
    E: investor.relations@asm.com

    Investor relations

    Valentina Fantigrossi
    T: +31 88 100 8502
    E: investor.relations@asm.com

    The MIL Network –

  • MIL-OSI: Coface SA: Coface strengthens its strategic focus on data and innovation, and continues to invest in its Information Services growth

    Source: GlobeNewswire (MIL-OSI)

    Coface strengthens its strategic focus on data and innovation, and continues to invest in its Information Services growth

    Paris, 23 June 2025 – 17.45

    Coface announces the creation of a dedicated technological hub focused on data, connectivity, and product innovation led by Thibault Surer, Group Strategy and Development Director. Thibault Surer will continue to oversee Strategy, Economic research, Marketing, and Mergers & Acquisitions.

    Coface also announces the appointment of Joerg Diewald as Information Services and Partnerships Director to support and accelerate the business development of these two strategic activities.

    These changes will be effective from July 1st, 2025.

    These appointments strengthen Coface’s governance and are perfectly in line with the Group’s strategic focus, notably around data and innovation.

    Xavier Durand, Coface’s Chief Executive Officer, commented:
    “Over the last 12 months, we have made significant progress in Information Services and data. This strengthening of governance is an important step of our continued efforts and will allow us to face up the complexity and scale of the transformation required. These appointments are perfectly in line with the objectives of our strategic plan Power The Core, which aims to reach data and technology excellence and generate a grow profitably Information Services.”

     

    Thibault Surer, Group Strategy and Development Director will lead a dedicated technological hub focused on data, connectivity, and product innovation while continuing to oversee Strategy, Economic research, Marketing, and Mergers & Acquisitions.

    As our investments in data and innovation grow, it is becoming clear that the complexity and scale of the transformations required in these domains deserve greater attention and a strengthened governance. This is the objective behind the creation of the technology hub.

    		   
    Joerg Diewald, appointed as the new Global Head of Information Services and partnerships will focus on the business development of these two strategic activities.

    Before joining Coface, he served as Chief Commercial Officer and Board Member at Solarisbank AG in Berlin, a Fintech company operating in the digital banking industry. Joerg brings more than 30 years of international experience in banking, commercial finance, and risk management.

    Based in Mainz, Germany, Joerg Diewald directly reports to Xavier Durand, Chief Executive Officer of Coface.

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)

    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

    Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is quoted in Compartment A of Euronext Paris
    Code ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 5 April 2024 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    The MIL Network –

  • MIL-OSI: Coface SA: Coface strengthens its strategic focus on data and innovation, and continues to invest in its Information Services growth

    Source: GlobeNewswire (MIL-OSI)

    Coface strengthens its strategic focus on data and innovation, and continues to invest in its Information Services growth

    Paris, 23 June 2025 – 17.45

    Coface announces the creation of a dedicated technological hub focused on data, connectivity, and product innovation led by Thibault Surer, Group Strategy and Development Director. Thibault Surer will continue to oversee Strategy, Economic research, Marketing, and Mergers & Acquisitions.

    Coface also announces the appointment of Joerg Diewald as Information Services and Partnerships Director to support and accelerate the business development of these two strategic activities.

    These changes will be effective from July 1st, 2025.

    These appointments strengthen Coface’s governance and are perfectly in line with the Group’s strategic focus, notably around data and innovation.

    Xavier Durand, Coface’s Chief Executive Officer, commented:
    “Over the last 12 months, we have made significant progress in Information Services and data. This strengthening of governance is an important step of our continued efforts and will allow us to face up the complexity and scale of the transformation required. These appointments are perfectly in line with the objectives of our strategic plan Power The Core, which aims to reach data and technology excellence and generate a grow profitably Information Services.”

     

    Thibault Surer, Group Strategy and Development Director will lead a dedicated technological hub focused on data, connectivity, and product innovation while continuing to oversee Strategy, Economic research, Marketing, and Mergers & Acquisitions.

    As our investments in data and innovation grow, it is becoming clear that the complexity and scale of the transformations required in these domains deserve greater attention and a strengthened governance. This is the objective behind the creation of the technology hub.

    		   
    Joerg Diewald, appointed as the new Global Head of Information Services and partnerships will focus on the business development of these two strategic activities.

    Before joining Coface, he served as Chief Commercial Officer and Board Member at Solarisbank AG in Berlin, a Fintech company operating in the digital banking industry. Joerg brings more than 30 years of international experience in banking, commercial finance, and risk management.

    Based in Mainz, Germany, Joerg Diewald directly reports to Xavier Durand, Chief Executive Officer of Coface.

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)

    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

    Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is quoted in Compartment A of Euronext Paris
    Code ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 5 April 2024 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    The MIL Network –

  • MIL-OSI Europe: King, Prime Minister and NATO Secretary-General visit Summit venue in The Hague

    Source: Government of the Netherlands

    News item | 23-06-2025 | 17:12

    On Monday 23 June a tour of the World Forum took place; this is the location where the 2025 NATO Summit will be held on 24 and 25 June. Prime Minister Dick Schoof and NATO Secretary-General Mark Rutte visited the site for a look at both the front and behind-the-scenes preparations.

    Enlarge image
    Photo: Ministry of Foreign Affairs / Bart Maat

    During the Summit a variety of meetings will take place in and around the World Forum, including a meeting of the North Atlantic Council, the NATO Public Forum and the NATO Summit Defence Industry Forum.

    Enlarge image
    Photo: Ministry of Foreign Affairs / Bart Maat

    Following this, King Willem-Alexander also visited the World Forum. The King was given a tour of the venue where some 8,000 people will soon gather for the Summit. Among them will be heads of state and government and foreign ministers of NATO and partner countries.

    The King walked the same route that the NATO leaders will take: through the VIP entrance, past the place where the media will be addressed (the ‘doorstep’) and to the leaders lounge. He also visited the conference hall where on Wednesday 25 June the meeting of the North Atlantic Council will take place.

    The King also met with members of the Summit organisation team and spoke with volunteers from the accreditation and registration centre.

    More information on the 2025 NATO Summit can be found at Government.nl/nato2025.

    MIL OSI Europe News –

  • MIL-OSI Europe: King, Prime Minister and NATO Secretary-General visit Summit venue in The Hague

    Source: Government of the Netherlands

    News item | 23-06-2025 | 17:12

    On Monday 23 June a tour of the World Forum took place; this is the location where the 2025 NATO Summit will be held on 24 and 25 June. Prime Minister Dick Schoof and NATO Secretary-General Mark Rutte visited the site for a look at both the front and behind-the-scenes preparations.

    Enlarge image
    Photo: Ministry of Foreign Affairs / Bart Maat

    During the Summit a variety of meetings will take place in and around the World Forum, including a meeting of the North Atlantic Council, the NATO Public Forum and the NATO Summit Defence Industry Forum.

    Enlarge image
    Photo: Ministry of Foreign Affairs / Bart Maat

    Following this, King Willem-Alexander also visited the World Forum. The King was given a tour of the venue where some 8,000 people will soon gather for the Summit. Among them will be heads of state and government and foreign ministers of NATO and partner countries.

    The King walked the same route that the NATO leaders will take: through the VIP entrance, past the place where the media will be addressed (the ‘doorstep’) and to the leaders lounge. He also visited the conference hall where on Wednesday 25 June the meeting of the North Atlantic Council will take place.

    The King also met with members of the Summit organisation team and spoke with volunteers from the accreditation and registration centre.

    More information on the 2025 NATO Summit can be found at Government.nl/nato2025.

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: First RAF flight for British nationals leaves Israel

    Source: United Kingdom – Executive Government & Departments

    Press release

    First RAF flight for British nationals leaves Israel

    As announced by the Foreign Secretary in the House of Commons, A RAF flight to take vulnerable British nationals and their dependents out of Israel and the Occupied Palestinian Territories (OPTs) has departed this afternoon.

    • The RAF flight to transport vulnerable British nationals and their dependents out of Israel and the OPTs left today
    • Further flights will be based on demand and the latest security situation
    • British nationals should continue to register their presence in Israel and the OPTs to be contacted with further guidance on potential further flights

    Addressing the House of Commons today, the Foreign Secretary announced the first RAF flight to help vulnerable British nationals wanting to leave Israel and the OPTs has taken off this afternoon (23 Jun) from Tel Aviv’s Ben Gurion Airport. 

    The flight is for vulnerable British nationals plus their immediate family members who are eligible to travel. All passengers must hold a valid travel document and non-British immediate family members require valid visas/permission to enter or remain that was granted for more than six months. 

    The government has worked with partners in recent weeks to enable this flight to operate, with further flights to be considered depending on demand and the latest security situation on the ground. British nationals in Israel and the OPTs urged to continue to register their presence to be contacted with further guidance on any future flights. 

    Foreign Secretary David Lammy said:   

    Throughout the crisis, the safety of British Nationals in the region has been our top priority. That is why the UK Government is working with the Israeli authorities to arrange RAF and charter flights to help those wanting to leave. 

    Today’s flight will bring British nationals and their dependents safely back to the UK. While the situation in the Middle East remains volatile, we are working around the clock to secure more flights and bring more people home.

    Due to ongoing restrictions in Israeli airspace and the security situation on the ground, the government used an RAF A-400M aircraft for the flight from Tel Aviv to Cyprus – with passengers due to transfer on to a civilian charter aircraft for the onwards journey to the UK this afternoon. 

    Those eligible for the flights will be expected to pay for their seat – and payment will be taken on registration via the flight booking form. This fee will be refunded to those who are not allocated a seat – in line with the government’s approach to previous charter flights from the region. 

    UK Government officials have been working around the clock to keep British nationals safe, with consular officers deployed to the border in Jordan and extra consular support based near the border in Egypt. These officials are on hand to provide advice on onward travel to British nationals crossing and support to vulnerable British nationals.  FCDO Rapid Deployment Teams are working across the region to bolster the support offered by British Embassy officials.     

    British nationals should continue to register via the Register Your Presence portal that will be used to confirm any further details in due course. 

    Commercial flights are continuing to operate from Egypt and Jordan, and international land border crossings to these countries remain open. 

    The situation remains volatile and the government’s ability to run flights out of Israel and the OPTs could change at short notice. 

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Email the FCDO Newsdesk (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Nations: 23 June 2025 News release Tobacco control efforts protect 6.1 billion people – WHO’s new report

    Source: World Health Organisation

    The World Health Organization (WHO) today released its report on the Global Tobacco Epidemic 2025 at the World Conference on Tobacco Control in Dublin, warning that action is needed to maintain and accelerate progress in tobacco control as rising industry interference challenges tobacco policies and control efforts.

    The report focuses on the six proven WHO MPOWER tobacco control measures to reduce tobacco use, which claims over 7 million lives a year:

    • Monitoring tobacco use and prevention policies;
    • Protecting people from tobacco smoke with smoke-free air legislation;
    • Offering help to quit tobacco use;
    • Warning about the dangers of tobacco with pack labels and mass media;
    • Enforcing bans on tobacco advertising, promotion and sponsorship; and
    • Raising taxes on tobacco.

    Since 2007, 155 countries have implemented at least one of the WHO MPOWER tobacco control measures to reduce tobacco use at best-practice level. Today, over 6.1 billion people, three-quarters of the world’s population, are protected by at least one such policy, compared to just 1 billion in 2007. Four countries have implemented the full MPOWER package: Brazil, Mauritius, the Netherlands (Kingdom of the), and Türkiye. Seven countries are just one measure away from achieving the full implementation of the MPOWER package, signifying the highest level of tobacco control, including Ethiopia, Ireland, Jordan, Mexico, New Zealand, Slovenia and Spain.

    However, there are major gaps. Forty countries still have no MPOWER measure at best-practice level and more than 30 countries allow cigarette sales without mandatory health warnings.

    “Twenty years since the adoption of the WHO Framework Convention on Tobacco Control, we have many successes to celebrate, but the tobacco industry continues to evolve and so must we,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “By uniting science, policy and political will, we can create a world where tobacco no longer claims lives, damages economies or steals futures. Together, we can end the tobacco epidemic.”

    The WHO Global Tobacco Epidemic 2025 report, developed with support from Bloomberg Philanthropies, was launched during the 2025 Bloomberg Philanthropies Awards for Global Tobacco Control. The awards celebrated several governments and nongovernmental organizations (NGOs) making progress to reduce tobacco use.

    “Since Bloomberg Philanthropies started supporting global tobacco control efforts in 2007, there has been a sea change in the way countries prevent tobacco use, but there is still a long way to go,” said Michael R. Bloomberg, founder of Bloomberg LP and Bloomberg Philanthropies and WHO Global Ambassador for Noncommunicable Diseases and Injuries. “Bloomberg Philanthropies remains fully committed to WHO’s urgent work – and to saving millions more lives together.”

    The WHO Global Tobacco Epidemic 2025 report reveals that the most striking gains have been in graphic health warnings, one of the key measures under the WHO Framework Convention on Tobacco Control (FCTC), that make the harms of tobacco impossible to ignore:

    • 110 countries now require them – up from just 9 in 2007 – protecting 62% of the global population; and
    • 25 countries have adopted plain packaging.

    WHO warns, however, that enforcement is inconsistent, and smokeless tobacco packaging remains poorly regulated. The new report is accompanied by a new data portal that tracks country-by-country progress between 2007–2025.

    Despite their effectiveness, 110 countries haven’t run anti-tobacco campaigns since 2022. However, 36% of the global population now lives in countries that have run best-practice campaigns, up from just 19% in 2022. WHO urges countries to invest in message-tested and evaluated campaigns.

    Taxes, quit services and advertising bans have been expanding, but many improvements are needed:

    • Taxation: 134 countries have failed to make cigarettes less affordable. Since 2022, just 3 have increased taxes to the best-practice level.
    • Cessation: Only 33% of people globally have access to cost-covered quit services.
    • Advertising bans: Best-practice bans exist in 68 countries, covering over 25% of the global population.

    Around 1.3 million people die from second-hand smoke every year. Today, 79 countries have implemented comprehensive smoke-free environments, covering one-third of the world’s population. Since 2022, six additional countries (Cook Islands, Indonesia, Malaysia, Sierra Leone, Slovenia and Uzbekistan) have adopted strong smoke-free laws, despite industry resistance, particularly in hospitality venues.

    There has been a growing trend to regulate the use of e-cigarettes or ENDS – Electronic Nicotine Delivery Systems. The number of countries regulating or banning ENDS has grown from 122 in 2022 to 133 in 2024, a clear signal of increased attention to these products. However, over 60 countries still lack any regulations on ENDS.

    WHO is calling for urgent action in areas where momentum is lagging. “Governments must act boldly to close remaining gaps, strengthen enforcement, and invest in the proven tools that save lives. WHO calls on all countries to accelerate progress on MPOWER and ensure that no one is left behind in the fight against tobacco,” said Dr Ruediger Krech, Director of Health Promotion.

    MIL OSI United Nations News –

  • MIL-OSI United Kingdom: Business Confidence Index 2025: Ambition high but barriers to growth must be tackled

    Source: Northern Ireland City of Armagh

    Pictured L-R: Paul Tamati (Director of Development, Community and Wellbeing, ABC Council), Cllr Paul Berry, Alderman Paul Greenfield, Cllr Joy Ferguson, Adrian Farrell (Chair of BPA), Nicola Wilson (Head of Economic Development, ABC Council), Cllr Tim McClelland (Chair of Economic Development and Regeneration Committee), Cllr Kyle Savage, and Ethna McNamee (Invest NI). Adrian Farrell Ð Chairperson, BPA with Paul Tamati Ð Director of Development, Community & Wellbeing, ABC Council; Cllr Paul Berry, Cllr Paul Greenfield, Cllr Joy Ferguson, Nicola Wilson – ABC Council, Cllr Tim McClelland, Cllr Kyle Savage and Ethna McNamee Ð Regional Manager, Western Office, Invest NI 20 June 2025 SRC Banbridge Co.Down CREDIT: LiamMcArdle.com

    Armagh City, Banbridge and Craigavon Borough Council has welcomed the latest Business Confidence Index for the borough, which highlights strong entrepreneurial ambition among local firms—but also underlines the need to remove key barriers to growth.

    The 2025 Index, launched by the Business Partnership Alliance (BPA) at an event in Southern Regional College, Banbridge on Friday 20th June, provides a vital insight into business sentiment and trading conditions across the area. Now in its second year, the research is a valuable tool for the Council and its partners as they work together to shape future economic priorities.

    Despite a challenging economic backdrop, nearly half (49%) of businesses in the borough still plan to grow—demonstrating remarkable resilience and optimism. However, findings also show that a lack of available land and suitable premises is increasingly stalling progress. More than one-third of surveyed businesses said they expect to move premises in future, with a further 10% needing to relocate urgently but struggling to find suitable space.

    Councillor Tim McClelland, Chair of the Council’s Economic Development and Regeneration Committee, said: “This year’s Business Confidence Index clearly demonstrates the resilience and ambition of our local business community—despite the economic headwinds, nearly half of our firms are still planning for growth. That’s an incredibly encouraging sign. However, the findings also highlight structural barriers that we must address. As a Council, we are committed to working with partners through the Business Partnership Alliance and beyond to create the right conditions for growth, investment, and long-term economic success across the borough.”

    Chairperson of the BPA, Adrian Farrell, opened Friday’s event by highlighting that this research forms the foundation of the BPA’s lobbying priorities for the year ahead. “We’ll use these findings to engage with local, regional and central government on the real issues affecting businesses in our borough,” he said. “Top of the list is the need for action on space to grow—without it, businesses are being held back.”

    The findings were presented to attendees and prompted a lively panel discussion featuring councillors Joy Ferguson, Kyle Savage and Tim McClelland. Invest NI’s Ethna McNamee welcomed the research and emphasised the need for more creative thinking around workspace solutions, while ABC Council’s Director of Development, Community and Wellbeing, Paul Tamati reaffirmed the Council’s support for growing and ambitious businesses.

    The Index shows that the ABC borough continues to be seen as a desirable location for business, with high scores for quality of life, education, infrastructure, and workforce availability.

    Concluding the event, Adrian Farrell reinforced the importance of working together:

    “The message from today was clear—collaboration is key. In these uncertain times, we must support one another and maintain the shared ambition to grow. BPA is committed to keeping up the pressure, and to working with our partners to ensure that the Borough continues to thrive.”

    To find out more about the work of the BPA, visit: www.facebook.com/bpaabc/

    MIL OSI United Kingdom –

  • MIL-OSI Security: NATO Secretary General outlines expectations ahead of historic Summit

    Source: NATO

    On Monday 23 June [2025] NATO Secretary General, Mark Rutte, outlined his expectations for the NATO Summit in The Hague. This year’s Summit takes place on Tuesday 24 and Wednesday 25 June and will bring together heads of state and government from across the Alliance; it will be hosted by the Netherlands for the first time.

    “We meet at a truly historic moment, with significant and growing challenges to our security” Mr Rutte stated. “As the world becomes more dangerous, Allied leaders will take bold decisions to strengthen our collective defence, making NATO a stronger, a fairer and a more lethal Alliance.”

    This week, Allies will approve a major new defence investment plan, raising the benchmark for defence investment to 5% of GDP. This will be agreed together with a concerted effort to ramp up defence industry across NATO, increasing security and creating jobs. There will also be a continued focus on support for Ukraine alongside the pursuit of a just and lasting end to Russia’s war of aggression.

    Mr Rutte made clear that the new defence investment plan will be “decisive” to ensuring effective deterrence. While the details of national capability targets are classified, the Secretary General called for a five-fold increase in air defence capabilities, thousands more tanks and armoured vehicles and millions of rounds of artillery ammunition to help keep NATO’s one billion citizens safe.

    Speaking ahead of the NATO Summit Defence Industry Forum on Tuesday 24, Mr Rutte urged Allies to work with industry to expand their defence industrial base warning that “there is not nearly enough supply to meet our increased demand on either side of the Atlantic”. “By investing more and producing more, we build a stronger NATO” he stressed.

    Strengthening partnerships will remain a key focus for the Alliance, with the Summit providing the opportunity to engage with Ukraine, NATO partners in the Indo-Pacific, and the leadership of the European Union.

    Finally, on Ukraine Mr Rutte was unambiguous, “we must continue to make sure Ukraine has what it needs to defend today and deter in the future. Our support for Ukraine is unwavering and will persist” he affirmed.

    MIL Security OSI –

  • MIL-OSI United Kingdom: Jim Allister responds to A5 ruling

    Source: Traditional Unionist Voice – Northern Ireland

    Responding to today’s ruling on the A5, TUV leader Jim Allister KC MLA said:

    “The first thing to note about today’s judgement is that there are many farmers in West Tyrone who will be breathing a sigh of relief.

    “More generally, the judgment is yet another outworking of the green hysteria that has taken hold of our legislative and judicial systems.

    “Many of those now wringing their hands over the impact of this decision are the very MLAs who gleefully voted for the Climate Change Act and its legally binding targets – targets that were never grounded in reality, but in virtue-signalling and ideological zeal. They have reaped what they sowed.

    “Quite apart from the merits or otherwise of the A5 project, Northern Ireland is being strangled by the net zero obsession. Infrastructure, agriculture, and industry are being sacrificed at the altar of climate ideology.”

    MIL OSI United Kingdom –

  • MIL-OSI: The Government of Barbados Announces the Final Results of its Offer to Purchase for Cash its 6.500% Notes due 2029

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

    BRIDGETOWN, Barbados, June 23, 2025 (GLOBE NEWSWIRE) — The Government of Barbados (the “Offeror”) announces today the final results of its offer (the “Offer”) to holders (the “Noteholders”) of any and all of its outstanding 6.500% Notes due 2029 (the “Notes”) to purchase any and all of such Notes for cash on the terms and subject to the satisfaction of the New Financing Condition (as defined below) and the other conditions set forth in the tender offer memorandum dated 13 June 2025 (the “Tender Offer Memorandum”).

    The Offer was made upon the terms and subject to the conditions set forth in the Tender Offer Memorandum. Capitalised terms used in this announcement but not defined herein have the meanings given to them in the Tender Offer Memorandum.

    Final Results

    The table below sets forth information with respect to the Notes that were validly tendered at or prior to 5:00 p.m., New York City time on 20 June 2025 (the “Expiration Deadline”), acceptance of which by the Offeror remains subject to the satisfaction or waiver of the New Financing Condition on or prior to the Settlement Date and the other terms and conditions described in the Tender Offer Memorandum. The Offer expired at the Expiration Deadline, and no further Notes may be tendered for purchase pursuant to the Offer.

    Description of the Notes   Outstanding Principal Amount of the Notes shown in the records of The Depository Trust Company and subject to the Offer   ISINs/CUSIP No.   Aggregate Principal Amount of Notes shown in the records of The Depository Trust Company that were Validly Tendered   Purchase Price(3)
                     
    6.500% Notes due 2029   U.S.$452,936,300(1)   Rule 144A Notes: US067070AH54 / 067070 AH5

    Regulation S Notes: USP48864AQ80 / P48864 AQ8

    		   U.S.$378,263,800(2)   U.S.$1,000
    (1) A 10% amortization payment was made on the Notes on 1 April 2025, meaning that the aggregate outstanding principal amount of the Notes following such amortization payment is U.S.$407,642,670.
       
    (2) The aggregate principal amount of the Notes validly tendered at their amortized value is U.S.$340,437,420.
       
    (3) Offered as Purchase Price per each U.S.$1,000 principal amount of Notes validly tendered at or prior to the Expiration Deadline (as defined below) and accepted for purchase. Equates to U.S.$900 at the amortised value of the Notes. The Purchase Price does not include Accrued Interest (as defined below). On 26 June 2025 (subject to the right of the Offeror, at its sole discretion, to extend, re-open, amend and/or terminate the Offer) (the “Settlement Date”), Noteholders will also receive Accrued Interest on all Notes validly tendered and accepted for purchase.


    Tender Offer Consideration

    The Offeror will, on the Settlement Date (subject to the satisfaction or waiver of the New Financing Condition on or prior to the Settlement Date and the other terms and conditions described in the Tender Offer Memorandum), pay for the Notes validly tendered and not validly withdrawn at or before the Expiration Deadline pursuant to the Offer and accepted by it for purchase pursuant to the Offer a cash amount (rounded to the nearest U.S.$0.01) equal to the sum of (i) the Purchase Price for such Notes, as set forth in the table above; and (ii) interest accrued and unpaid on the Notes from (and including) the interest payment date for such Notes immediately preceding the Settlement Date to (but excluding) the Settlement Date in respect of such Notes (the “Accrued Interest” and the payment thereof, the “Accrued Interest Payment”) (the “Tender Offer Consideration”).

    Payment of Tender Offer Consideration

    Payment of the Tender Offer Consideration for the Notes accepted for purchase pursuant to the Offer is expected to be made on the Settlement Date, as described in the Tender Offer Memorandum (subject to satisfaction or waiver of the New Financing Condition on or prior to the Settlement Date and the other terms and conditions described in the Tender Offer Memorandum and subject to change without notice).

    Conditions to the Offer

    The Offeror is not under any obligation to accept any tender of Notes for purchase pursuant to the Offer. Tenders of Notes for purchase may be rejected in the sole discretion of the Offeror for any reason and the Offeror is not under any obligation to Noteholders to furnish any reason or justification for refusing to accept a tender of Notes for purchase. For example, tenders of Notes for purchase may be rejected if the Offer is terminated, if the New Financing Condition is not satisfied or if the Offer does not comply with the relevant requirements of a particular jurisdiction or for any other reason. Subject to the New Financing Condition being satisfied or waived, no assurance can be given that any Offer will be completed. In addition, the Offeror may, in its sole and absolute discretion, waive any of the conditions to the Offer after this announcement.

    New Financing Condition

    Whether the Offeror will accept for purchase any Notes validly tendered in the Offer is subject to (unless such condition is waived by the Offeror in its sole and absolute discretion), among other things, the prior closing of the issuance by the Offeror of one or more series of debt securities (the “New Notes”) in the international capital markets (the “New Notes Offering”) in an aggregate principal amount, and at a price and on terms and conditions acceptable to the Offeror in its sole and absolute discretion, a portion of the net proceeds of which will be used by the Offeror to purchase any Notes tendered and accepted pursuant to the Offer (the “New Financing Condition”).

    The New Notes Offering is being made solely by means of an offering memorandum relating to the New Notes Offering (the “New Notes Offering Memorandum”), and this announcement and the Tender Offer Memorandum do not constitute an offer to sell or the solicitation of an offer to buy the New Notes. You may not participate in the New Notes Offering unless you have received and reviewed the New Notes Offering Memorandum, and not in reliance on, or on the basis of, this announcement or the Tender Offer Memorandum. The New Notes will be offered only to qualified institutional buyers in the United States in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act, and will not be registered under the Securities Act or the securities laws of any other jurisdiction.

    Even if the New Financing Condition is satisfied, the Offeror is not under any obligation to accept for purchase any Notes tendered pursuant to the Offer.

    Each of the foregoing conditions is for the sole benefit of the Offeror and may only be waived by the Offeror, in whole or in part, at any time and from time to time, in its discretion. Any determination by the Offeror concerning the conditions set forth above (including whether or not any such condition has been satisfied or waived) will be final and binding upon the Noteholders, the Information and Tender Agent and all other persons.

    Notes that are not tendered or accepted for purchase pursuant to the Offer will remain outstanding.

    Announcements

    The Offeror will announce, promptly after the New Financing Condition has been met or waived, (i) the aggregate principal amount of Notes validly tendered that will be accepted for purchase, and (ii) the aggregate principal amount of Notes remaining outstanding following the completion of the Offer.

    Unless stated otherwise, announcements in connection with the Offer will be by the issue of a press release through the Luxembourg Stock Exchange and by the delivery of notices to the relevant Clearing Systems for communication to Direct Participants. Such announcements may also be made by the issue of a press release to a Notifying News Service. Copies of all such announcements, press releases and notices and will be available on the Offer Website or alternatively they can also be obtained upon request from the Information and Tender Agent, the contact details for which are below. Significant delays may be experienced where notices are delivered to the Clearing Systems and Noteholders are urged to contact the Information and Tender Agent for the relevant announcements. In addition, Noteholders may contact the Dealer Managers for information using the contact details below.

    Disclaimer

    This announcement does not contain the full terms and conditions of the Offer. The terms and conditions of the Offer are contained in the Tender Offer Memorandum, and are subject to the Offer and distribution restrictions set out below and more fully described therein.

    Further information

    J.P. Morgan Securities LLC and Standard Chartered Bank have been appointed by the Offeror to serve as dealer managers (the “Dealer Managers”) for the Offer. D.F. King (the “Information and Tender Agent”) has been appointed by the Offeror to act as the information and tender agent in connection with the Offer.

    For additional information regarding the terms of the Offer, please contact J.P. Morgan Securities LLC by telephone at (866) 846-2874; Collect: (212) 834-7279 and Standard Chartered Bank by telephone at (212) 667-0351 (U.S.) or +44 20 7885 5739 (U.K.) and by email at liability_management@sc.com.

    Requests for documents and questions regarding the tender of Notes may be directed to the Information and Tender Agent D.F. King & Co., Inc. via:

    Banks & Brokers Call: (212) 269-5550

    Toll free: (866) 342-4881

    Email: barbados@dfking.com

    No Recommendation

    The relevant Purchase Price, if paid by the Offeror with respect to the Notes accepted for purchase, will not necessarily reflect the actual value of such Notes. Noteholders should independently analyse the value of the Notes and make an independent assessment of the terms of the Offer. None of the Offeror, the Dealer Managers or the Information and Tender Agent has or will express any opinion as to whether the terms of the Offer are fair. None of the Offeror, the Dealer Managers or the Information and Tender Agent makes any recommendation that Noteholders should submit an offer to sell or tender Notes or refrain from doing so pursuant to the Offer, and no one has been authorised by any of them to make any such recommendation.

    Offer and Distribution Restrictions

    Neither this announcement nor the Tender Offer Memorandum constitutes an offer to participate in the Offer in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such offer or for there to be such participation under applicable securities laws. The distribution of the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession the Tender Offer Memorandum comes are required by the Offeror, the Dealer Managers and the Information and Tender Agent to inform themselves about, and to observe, any such restrictions

    Nothing in this announcement or the Tender Offer Memorandum or the electronic transmission thereof constitutes an offer to sell or the solicitation of an offer to buy the New Notes in the United States or any other jurisdiction.

    In addition, each Noteholder participating in an Offer will also be deemed to give certain representations in respect of the other jurisdictions referred to above and generally as set out in “Procedures for Participating in the Offer” of the Tender Offer Memorandum. Any tender of Notes for purchase pursuant to an Offer from a Noteholder that is unable to make these representations will not be accepted. Each of the Offeror, the Dealer Managers and the Information and Tender Agent reserves the right, in its absolute discretion, to investigate, in relation to any tender of Notes for purchase pursuant to an Offer, whether any such representation given by a Noteholder is correct and, if such investigation is undertaken and as a result the Offeror determines (for any reason) that such representation is not correct, such tender shall not be accepted. The acceptance of any tender shall not be deemed to be a representation or a warranty by any of the Offeror, the Dealer Manager or the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates that it has undertaken any such investigation and/or that any such representation to any person underwriting any such Notes is correct.

    United Kingdom

    The communication of this announcement, the Tender Offer Memorandum and any other documents or materials relating to the Offer are not being made, and such documents and/or materials have not been approved, by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000, as amended (the “FSMA”). Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials is exempt from the restriction on financial promotions under section 21 of the FSMA on the basis that it is only directed at and may be communicated to (1) those persons who are existing creditors of the Offeror within Article 43(2) of the FSMA (Financial Promotion) Order 2005, as amended, and (2) to any other persons to whom these documents and/or materials may lawfully be communicated.

    Belgium

    None of this announcement, the Tender Offer Memorandum or any other documents or materials relating to the Offer have been, or will be, submitted to or notified to, or approved by, the Belgian Financial Services and Markets Authority (Autorité des services et marchés financiers/Autoriteit voor Financiële Diensten en Markten) and, accordingly, the Offer may not be made in Belgium by way of a public offering, as defined in Article 3 of the Belgian Law of 1 April 2007 on takeover bids (loi relative aux offres publiques d’acquisition/wet op de openbare overnamebiedingen), as amended or replaced from time to time.

    Accordingly, the Offer may not be, and is not being advertised, and this announcement and the Tender Offer Memorandum, as well as any brochure, or any other material or document relating thereto (including any memorandum, information circular, brochure or any similar document) may not, have not and will not be distributed, directly or indirectly, to any person located and/or resident within Belgium, other than those who qualify as qualified investors (investisseurs qualifiés/qekwalificeerde beleggers), within the meaning of Article 2, e), of the Prospectus Regulation acting on their own account. Accordingly, the information contained in the Tender Offer Memorandum or in any brochure or any other document or material relating thereto may not be used for any other purpose, including for any offering in Belgium, except as may otherwise be permitted by law, and shall not be disclosed or distributed to any other person in Belgium.

    France

    This announcement, the Tender Offer Memorandum and any other documents or materials relating to the Offer are only addressed to and are only directed at qualified investors within the meaning of the Prospectus Regulation in France. Each person in France who receives any communication in respect of the Offer contemplated in this announcement, the Tender Offer Memorandum and any other documents or materials relating to the Offer will be deemed to have represented, warranted and agreed to and with the Dealer Managers and the Offeror that it is a qualified investor within the meaning of Article 2(e) of the Prospectus Regulation.

    European Economic Area

    In any European Economic Area (“EEA”) Member State, this announcement and the Tender Offer Memorandum are only addressed to, and are only directed at, “qualified investors” (as defined in Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, as amended (the “Prospectus Regulation”)) in that Member State.

    Each person in a Member State of the EEA who receives any communication in respect of the Offer contemplated in this announcement and the Tender Offer Memorandum will be deemed to have represented, warranted and agreed to and with each Dealer Manager and the Offeror that it is a qualified investor within the meaning of the Prospectus Regulation.

    The MIL Network –

  • MIL-OSI United Kingdom: Armed Forces Day flag raised to mark Armed Forces Week

    Source: Northern Ireland City of Armagh

    Lord Mayor Alderman Stephen Moutray, NI Veterans Commissioner Mr David Johnstone, NI District RBL Chairman Mr Colin Ward and NI District RBL Women’s section Chairman Mrs Janet Ochiltree at the raising of the Armed Forces Day Flag on Monday 23 June at Craigavon Civic and Conference Centre.

    This morning (Monday 23 June), a large delegation, led by Lord Mayor Alderman Stephen Moutray, gathered at Craigavon Civic and Conference Centre for a ceremony to raise the Armed Forces Day flag at the start of Armed Forces Week.

    He was joined by NI Veterans Commissioner, Mr David Johnstone, representatives from the Royal British Legions across the borough, the Royal Irish Fusiliers, NI RBL Motorcycle Branch and Regenerate Veterans Group as well as Alderman Paul Greenfield, Alderman Margaret Tinsley, Councillor Kyle Moutray, Councillor Kyle Savage, Councillor Lavelle McIlwrath, Councillor Kate Evans, Councillor Julie Flaherty, Councillor Tim McClelland and Councillor Peter Haire.

    During Armed Forces Week, the Armed Forces Day flag is raised on buildings and landmarks around the UK. It culminates with Armed Forces Day on Saturday 28 June.

    For further information on Armed Forces Day click here.

    MIL OSI United Kingdom –

  • MIL-OSI Africa: How a volunteer group grew into a Ugandan tech leader

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

    Download logo

    Ten years ago, the ICT Association of Uganda (ICTAU) was a small, volunteer-run organization with limited capacity. It had one staff member, a working board, and little visibility among decision-makers. Uganda’s tech sector was expanding, but ICTAU lacked the structure and support needed to keep up.

    With stronger governance and support from the NTF V FastTrackTech project in Uganda, ICTAU is now shaping policy, supporting start-ups, and building a more inclusive digital economy.

    A decade ago, coordination among tech companies was weak. Many worked in isolation, unaware of the benefits of joining a larger network. Governance was also a challenge. Without a professional secretariat or strong leadership, the association could not consistently deliver value to its members.

    Gideon Nkurunungi, who joined ICTAU in 2022 and became CEO the next year, says that early on, the association had little influence. ‘We didn’t have proper systems in place. Most members weren’t active. We weren’t running events or engaging in policy discussions. There was potential, but no structure to realise it.’

    Strategic support sparks change

    That started to change when ICTAU partnered with the International Trade Centre’s Netherlands Trust Fund V (NTF V) FastTrackTech project.

    One of the first areas of support was internal governance. The board expanded to include more diverse expertise, and the organization established a permanent secretariat. This included the creation of the CEO role, which brought in professional leadership for the first time.

    NTF V FastTrackTech also helped ICTAU develop programmes focused on start-up support, export readiness, and certification. Members received training in agile and lean start-up methods, connected with international buyers, and exhibited at global events.

    Inclusion was another key focus. NTF V FastTrackTech encouraged ICTAU to increase support for women-led and youth-led businesses. This led to the formation of a Women in Tech chapter and more women joining the board.

    New spaces for dialogue and networking

    The changes quickly produced results. ICTAU launched the National ICT Summit and the CIO breakfast series, both of which created new spaces for dialogue and networking. Members could now meet face to face, showcase products, and exchange ideas. These events also increased the association’s profile with government, donors, and international partners.

    ICTAU also began engaging more actively in policy. It hosted roundtables, consulted on draft legislations, and crafted reports on sector trends and challenges. Members had new ways to make their voices heard.

    Membership growth followed. The association has grown from around 100 members at the start of the NTF V partnership to over 300 today. These include students, startups, non-governmental organizations, professionals, and larger companies.

    ‘Members are more involved now. They attend events, ask questions, and share experiences. We’ve become a proper community, not just a database,’ says Nkurunungi.

    ’Having structure and a clear direction lets us serve more people and deliver better results,’ says Nkurunungi. ‘The work we’re doing now lays the foundation for the next ten years.’

    Plans for mentorship

    Uganda is one of East Africa’s fastest-growing economies, with a rising wave of fintech, foodtech, software and data startups. Start-ups play a key role in driving economic growth, creating high-value jobs and advancing national development.

    Building on the FastTrackTech foundation, ICTAU is planning a series of new initiatives. A startup chapter is being developed to offer more targeted support to early-stage companies. A mentorship programme is also in the pipeline, linking local entrepreneurs with experienced mentors from other regions.

    The association will continue its work on policy engagement and certification, aiming to keep members aligned with global standards. Regular events and published insights will remain key features of ICTAU’s work.

    ‘We’re not treating FastTrackTech as a one-off project,’ says Nkurunungi. ‘It has shaped the way we work, and we’re keeping that approach.’

    About the project

    The Netherlands Trust Fund V (NTF) (July 2021 – June 2025) is based on a partnership between the Ministry of Foreign Affairs of The Netherlands and the International Trade Centre. The programme supports MSMEs in the digital technologies and agribusiness sectors. Its ambition is two-fold: to contribute to an inclusive and sustainable transformation of food systems, partially through digital solutions, and drive the internationalization of tech start-ups and export of IT&BPO companies in selected Sub-Saharan African countries.

    – on behalf of International Trade Centre.

    MIL OSI Africa –

  • MIL-OSI Africa: With farm co-ops, Senegal improves its agri-food value chains

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

    Download logo

    Agricultural cooperatives let farmers pool their resources so they can get better prices for their produce and access more markets, including international ones.

    In Senegal, nearly one-third of mango and onion producers belong to one of 29 new or modernized cooperatives established by the PACAO programme. These cooperatives have forged  new links among farmers, businesses that process foods, and exporters who can sell those goods abroad.

    Improving these value chains boosts food security, stimulate economic growth, and create sustainable jobs.

    ‘Before forming our cooperative, we each worked on our own, with no coordination,’ said Cheikh Mbacké Mboup. He’s an agricultural engineer by training with 42 years of experience in farming. ‘This prevented us from pooling our resources and negotiating better prices. We were scattered, and that limited our ability to produce and sell effectively.’ 

    He’s currently serving as the chairman of the Fruit, Vegetable, and Livestock Producers’ Cooperative, known by its French acronym  (COOPROFEL). Based about 70 kilometres from the capital Dakar, in Keur Mbir Ndao, the cooperative now has 635 members.

    Created in 2007, COOPROFEL overhauled its organizational structure and operations in 2021, with support from the International Trade Centre (ITC) though the Programme of Assitance for Competitiveness in West Africa – Senegal Component (PACAO-Senegal).

    It’s one of 29 cooperatives that worked with the programme, bringing together nearly 70,000 producer-members who work with mangoes and onions. These cooperatives alone account for 31% of national onion production and 29% of mango production.

    COOPROFEL, which operates in the mango and onion value chains, faced many challenges before teaming up with PACAO-Senegal.

    Better organization in value chains

    With the programme’s support, COOPROFEL members received training on good agricultural practices, marketing, leadership, communication, organizational management, and financial management. These trainings were complemented by the development of a financial and accounting procedures manual, allowing for better traceability of operations.

    Organization is essential to the competitiveness of value chains and improves producers’ access to markets and inputs. Marianne Diattara has been a producer for over 25 years, and is now deputy general treasurer of COOPROFEL.

    ‘Now, the market is much more accessible. Recently, we took part in major trade fairs organized in Dakar,’ she said.

    ‘Today, our mangoes are exported to countries like Belgium, Spain, France, the Netherlands, and Morocco. As for onions, the cooperative has helped us better organize our production and sell at higher prices. We now have more stable incomes,’ said Amadou Thiam, Vice President of COOPROFEL.

    A business partner of COOPROFEL, Mamadou Ndiaye, Sales Manager at TropicaSem, confirms this success. ‘We’ve been working with COOPROFEL since 2023. Last year, we sold them over 78 tons of seeds. The cooperative is one of our best clients.”

    The cooperatives can steer their produces through the value chain so the mangoes and onions can be turned into new products. Those processed goods fetch higher prices than the fresh fruit, creating jobs and growing incomes.

    Mangoes are sold fresh but also as purée, jam, smoothies, flour, vinegar, and more. Processed onion products are also found in supermarket shelves across Senegal and in weekly markets.

    These products go through several stages: the farmer who harvests them, the cooperative that aggregates and sells them, the factory that processes them, and the distributor who places them on shelves or exports them. By organizing agricultural cooperatives, PACAO-Senegal strengthens a vital link in this chain and facilitates market access for cooperative members.

    But the value chain is not just about products. It’s also about people, like Cheikh Mbacké Mboup, Marianne Diattara and Amadou Thiam. It’s about the farmers that PACAO-Sénégal has supported, whose incomes have risen thanks to better organization. It’s about their business partners – customers and suppliers – whose operations have expanded. And it’s about the consumer, who has access to quality local products. 

    By structuring value chains, PACAO-Sénégal creates a virtuous circle by promoting agricultural cooperative societies. 

    – on behalf of International Trade Centre.

    MIL OSI Africa –

  • MIL-OSI: Mize and Juniper Travel Technology Collaborate to Bring SmartRate Integration to Global Travel Sellers

    Source: GlobeNewswire (MIL-OSI)

    MALLORCA, Spain, June 23, 2025 (GLOBE NEWSWIRE) — Mize, the global leader in travel fintech solutions, is taking its long-standing alliance with Juniper Travel Technology, one of the world’s top travel technology providers, by integrating its advanced SmartRate product into Juniper Travel Technology’s global platform.

    This enhancement gives Juniper Travel Technology connected travel sellers access to SmartRate’s powerful booking optimization capabilities—maximizing margins, reducing booking errors, and improving inventory access, all with zero disruption to existing booking flows.

    Transforming Profitability with Intelligent Automation

    By applying Mize’s advanced optimization modalities at the booking moment — fully integrated with Juniper Travel Technology’s solutions— travel sellers can increase profitability in real time without impacting the booking flow. This seamless collaboration enhances each reservation by ensuring the best possible rate is selected based on availability and booking conditions, unlocking greater value across both platforms.

    With this integration, Juniper Travel Technology connected Clients can:

    • Increase margins through automated rate optimization powered by Mize
    • Recover errored bookings via intelligent reprocessing
    • Access broader inventory through mapped sources and partner integrations
    • Maintain a smooth, uninterrupted booking flow

    “Our relationship with Juniper Travel Technology has always been built on a shared commitment to innovation,” said Cristobal Reali, VP of Sales at Mize. “We’re excited to bring SmartRate into the hands of Juniper Travel Technology’s extensive partner network, helping them extract more value from every booking.”

    Delivering More Value to Juniper Travel Technology Clients

    With this integration, Juniper Travel Technology reinforces its ongoing mission to offer tools that simplify travel tech while driving measurable performance for its global partners.

    “This integration builds on the solid foundation we’ve established with Mize over the years,” said Juan Mateos, CEO at Juniper Travel Technology. “Offering SmartRate reinforces our strategy of incorporating best-in-class technologies into our Juniper Travel Technology platform.”

    About Mize

    Mize is a global travel fintech leader helping companies maximize profitability through smart automation. With solutions like SmartRate, Mize empowers travel platforms to boost margins, recover errors, and simplify operations with no disruption to the customer journey.
    https://mize.tech

    About Juniper Travel Technology

    Juniper Travel Technology is a global travel technology company serving thousands of travel companies across the world. Together with its recently acquired brands—Dome Consulting, IST Cruise Tech, Lleego, RezMagic and Vervotech—Juniper Travel Technology is setting the rules of the travel tech business, helping companies grow faster, connect broader, and operate more efficiently.
    https://www.ejuniper.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/556b2a4a-ecd3-4700-881b-a13db46c95a8

    The MIL Network –

  • MIL-OSI: Rockcliffe Capital Initiates Coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM) with a “Strong Buy” Rating and C$155 Price Target

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Rockcliffe Capital is pleased to announce today the initiation of equity research coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM), a premier senior gold mining company with operations spanning Canada, Finland, Australia, Mexico, and the U.S.

    Following rigorous financial and operational analysis, Rockcliffe Capital assigns Agnico Eagle a “Strong Buy” rating, alongside a 12-month price target of C$155, reflecting strong upside potential of approximately 25% from current market levels.

    “Agnico Eagle has delivered extraordinary operating discipline and record earnings this quarter,” said Felix Gelt, Managing Director of Research at Rockcliffe Capital. “With Q1 net income soaring to US$815 M—up 134% YoY—and free cash flow reaching US$594 M amid near-zero debt, Agnico offers both growth and balance sheet strength in the gold sector.”

    Investment Thesis Highlights:

    • Earnings Powerhouse: Q1 2025 net income rose to US$815 million (US$1.62 EPS), a 134% YoY increase, driven by record operating margins from elevated gold prices.
    • Revenue & Margin Strength: Q1 revenue climbed 34.9% YoY to US$2.468 billion, while all-in sustaining costs (AISC) dropped ~10% to US$1,183/oz, delivering a ~59% margin.
    • Balance Sheet Resilience: Operating cash flow hit US$1.044 billion, free cash flow was US$594 million, enabling net debt to fall to just US$5 million, with cash reserves of US$1.138 billion.
    • Strategic Growth Initiatives: Ongoing capital deployment into high-quality projects like Detour Lake, Upper Beaver, and the O3 Mining acquisition enhances reserve base and future production visibility.
    • Shareholder Returns: Maintains a US$0.40/share quarterly dividend. NCIB buybacks of US$50 million executed in the quarter; the Board plans an expanded NCIB of up to US$1 billion.
    • ESG Leadership: Released its 16th Sustainability Report highlighting best-in-class emissions intensity (0.38 tCO₂e/oz), C$1 billion Indigenous economic commitment, and sector-leading safety.

    Valuation & Target:
    Utilizing a disciplined valuation framework with a projected 2026 EV/EBITDA multiple of ~8× and P/E multiple of ~18×, Rockcliffe Capital derives a 12-month price target of C$155, equivalent to ~US$115/share, indicating ~25% upside from current levels.

    Risk Factors:

    • Gold Price Volatility: A sustained decline in gold prices could compress margins and cash flow.
    • Project Execution: Delays at key sites (e.g., underground transitions, permitting) could affect supply outlook.
    • Macro Factors: A stronger U.S. dollar or higher real interest rates may weigh on gold sector valuations.

    About Rockcliffe Capital Research
    Rockcliffe Capital’s Research Department provides institutional-grade equity research focused on growth-stage companies, public markets, and high-conviction investment themes. Through rigorous analysis, proprietary modeling, and deep sector insights, our research team supports investors, issuers, and strategic partners in identifying value and making informed decisions.

    Our coverage includes detailed valuation frameworks, peer comparisons, financial modeling, and ESG scorecards—delivering the intelligence that drives market leadership.

    Please contact research@rockcliffe.capital for access to our full research suite and initiation reports.

    Media Contact
    Rockcliffe Capital
    Research & Markets Division
    research@rockcliffe.capital
    +1 (416)-642-1967

    This press release is for informational purposes only and does not constitute investment advice. Rockcliffe Capital and its affiliates may hold positions in the securities mentioned.

    The MIL Network –

  • MIL-OSI: Rockcliffe Capital Initiates Coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM) with a “Strong Buy” Rating and C$155 Price Target

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Rockcliffe Capital is pleased to announce today the initiation of equity research coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM), a premier senior gold mining company with operations spanning Canada, Finland, Australia, Mexico, and the U.S.

    Following rigorous financial and operational analysis, Rockcliffe Capital assigns Agnico Eagle a “Strong Buy” rating, alongside a 12-month price target of C$155, reflecting strong upside potential of approximately 25% from current market levels.

    “Agnico Eagle has delivered extraordinary operating discipline and record earnings this quarter,” said Felix Gelt, Managing Director of Research at Rockcliffe Capital. “With Q1 net income soaring to US$815 M—up 134% YoY—and free cash flow reaching US$594 M amid near-zero debt, Agnico offers both growth and balance sheet strength in the gold sector.”

    Investment Thesis Highlights:

    • Earnings Powerhouse: Q1 2025 net income rose to US$815 million (US$1.62 EPS), a 134% YoY increase, driven by record operating margins from elevated gold prices.
    • Revenue & Margin Strength: Q1 revenue climbed 34.9% YoY to US$2.468 billion, while all-in sustaining costs (AISC) dropped ~10% to US$1,183/oz, delivering a ~59% margin.
    • Balance Sheet Resilience: Operating cash flow hit US$1.044 billion, free cash flow was US$594 million, enabling net debt to fall to just US$5 million, with cash reserves of US$1.138 billion.
    • Strategic Growth Initiatives: Ongoing capital deployment into high-quality projects like Detour Lake, Upper Beaver, and the O3 Mining acquisition enhances reserve base and future production visibility.
    • Shareholder Returns: Maintains a US$0.40/share quarterly dividend. NCIB buybacks of US$50 million executed in the quarter; the Board plans an expanded NCIB of up to US$1 billion.
    • ESG Leadership: Released its 16th Sustainability Report highlighting best-in-class emissions intensity (0.38 tCO₂e/oz), C$1 billion Indigenous economic commitment, and sector-leading safety.

    Valuation & Target:
    Utilizing a disciplined valuation framework with a projected 2026 EV/EBITDA multiple of ~8× and P/E multiple of ~18×, Rockcliffe Capital derives a 12-month price target of C$155, equivalent to ~US$115/share, indicating ~25% upside from current levels.

    Risk Factors:

    • Gold Price Volatility: A sustained decline in gold prices could compress margins and cash flow.
    • Project Execution: Delays at key sites (e.g., underground transitions, permitting) could affect supply outlook.
    • Macro Factors: A stronger U.S. dollar or higher real interest rates may weigh on gold sector valuations.

    About Rockcliffe Capital Research
    Rockcliffe Capital’s Research Department provides institutional-grade equity research focused on growth-stage companies, public markets, and high-conviction investment themes. Through rigorous analysis, proprietary modeling, and deep sector insights, our research team supports investors, issuers, and strategic partners in identifying value and making informed decisions.

    Our coverage includes detailed valuation frameworks, peer comparisons, financial modeling, and ESG scorecards—delivering the intelligence that drives market leadership.

    Please contact research@rockcliffe.capital for access to our full research suite and initiation reports.

    Media Contact
    Rockcliffe Capital
    Research & Markets Division
    research@rockcliffe.capital
    +1 (416)-642-1967

    This press release is for informational purposes only and does not constitute investment advice. Rockcliffe Capital and its affiliates may hold positions in the securities mentioned.

    The MIL Network –

  • MIL-OSI Economics: ICC elects four new members to the Executive Board

    Source: International Chamber of Commerce

    Headline: ICC elects four new members to the Executive Board

    The new members were formally elected during the annual meeting of the ICC World Council on 19 June 2025 and will each serve a three-year term effective 19 June 2025. The diverse experience of new members will enrich ICC’s roadmap to enable peace and prosperity through trade and reflects ICC’s continued commitment to geographic representation and diversity of expertise as the world’s largest and most inclusive business organisation.

    The ICC Executive Board is responsible for developing and implementing ICC’s strategy, policy and programme of action as well as for overseeing the financial affairs of ICC. 

    ICC Chair Philippe Varin said:

    “I’m very pleased to welcome this exceptional group of global leaders who bring deep expertise and fresh perspectives to ICC. Their leadership will be vital as we continue charting a path forward in delivering real-world solutions for business in a changing global environment. My thanks also to our outgoing Board members for their contributions.”

    The new Board members are: 

    Mohammad Lootah

    Mohammad Ali Rashed Lootah is the President and CEO of Dubai Chambers, where he leads strategic initiatives to enhance Dubai’s business environment, attract foreign investment, support global business expansion, and promote the digital economy. Prior to this role, he held several key leadership positions within Dubai’s Department of Economy and Tourism, including CEO of Commercial Compliance and Consumer Protection, overseeing areas such as consumer rights, business protection, and intellectual property. He also served in senior roles at the Department of Economic Development and the Dubai Land Department. 

    Zhang Hui

    Zhang Hui is Vice Chairman, Executive Director and President of the Bank of China, roles he assumed between December 2024 and January 2025. He also serves as Vice Chairman of BOC Hong Kong (Holdings) Limited. Mr Zhang joined the Bank of China in 2024 after serving as Executive Vice President of China Development Bank from 2021 to 2024. Prior to that, he spent many years at Bank of Communications, where he held various senior roles including as Chief Risk Officer, general manager of several risk management departments, and president of regional branches including in Guizhou and Shanghai. 

    Anousheh Ansari

    Anousheh Ansari is the CEO of XPRIZE, where she leads global innovation competitions addressing some of humanity’s most pressing challenges. A tech entrepreneur and space pioneer, Ms Ansari co-founded and led Prodea Systems, an IoT company recognised among Inc. Magazine’s 500 fastest-growing firms. In 2006, she became the first female private space explorer, the first astronaut of Iranian descent, and the first Muslim woman in space. Under her leadership, XPRIZE has awarded over US$81 million and launched US$361 million in active competitions. Ms Ansari also serves in various global advisory roles, including with the World Economic Forum, GESDA and UNESCO, and is an advocate for women entrepreneurs through initiatives like The Billion Dollar Fund for Women.

    Kobkarn Wattanavrangkul

    Kobkarn Wattanavrangkul is a Thai business leader and former Minister of Tourism and Sports, known for her contributions to both public policy and corporate governance. As Thailand’s tourism minister from 2014 to 2017, Ms Wattanavrangkul championed sustainable tourism and cultural heritage. She currently serves as Chair of the Board of Directors at Kasikornbank and Toshiba Thailand, and plays an active role in advancing education, innovation and international cooperation through various institutional boards. Ms Wattanavrangkul’s career reflects a strong commitment to inclusive and sustainable development in Thailand.

    Term renewals

    Elected to serve on the ICC Executive Board for a second term during the World Council meeting were Holger Bingmann (Germany), Managing Partner, Bingmann Pflüger International GmbH, Rebecca Enonchong (Cameroon), CEO, AppsTech and Chair of Afrilabs, Marjorie Yang (Hong Kong), Chair, Esquel Group, Lama Al Sulaiman (Saudi Arabia), Shareholder and Board Member of Rolaco Holdings, KSA and LUX and Justin D’Agostino (Hong Kong), Global CEO, Herbert Smith Freehills Kramer.

    Outgoing Board members are Candace Johnson (United States/Luxemburg), Vice-Chair, NorthStar Earth and Space, Fredrik Cappelen (Sweden), Chairman and Board Member in the Swedish and Nordic industry, Valentina Mintah (Ghana), Founder West Blue Consulting, Zhang Xiaolun (China) Chair, China National Machinery Industry Corporation (SINOMACH).

    Leading chambers worldwide

    The ICC World Council also ratified the re-election of Rifat Hisarcıklıoğlu as Chair of the ICC World Chambers Federation (WCF) for a second three-year term commencing 20 June 2025. Mr Hisarcıklıoğlu is Chair of ICC Türkiye and President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB).

    MIL OSI Economics –

  • MIL-OSI: La Rosa Relies on Lofty to Support National Expansion Strategy

    Source: GlobeNewswire (MIL-OSI)

    PHOENIX, June 23, 2025 (GLOBE NEWSWIRE) — Award-winning real estate technology innovator, Lofty today announced customer La Rosa Holdings Corp. (NASDAQ: LRHC), a real estate and PropTech company, has partnered with the Lofty team to support the company’s impressive national expansion efforts. By enabling La Rosa’s agents to close more deals more efficiently, Lofty can deliver the practical innovation needed to help La Rosa scale and drive their long-term growth strategy forward. Citing immediate demand, a swift onboarding process, and high user engagement, the Lofty platform has already been adopted by over 500 La Rosa agents across the U.S. To learn more about how Lofty helps brokerages boost productivity, recruit and retain top agents, and lower operational costs, visit https://www.lofty.com/solutions-brokers.

    With 26 corporate-owned brokerage offices across Florida, California, Texas, Georgia, North Carolina, and Puerto Rico, La Rosa offers both residential and commercial real estate brokerage services, as well as technology-driven products and support for its 2,900 agents and franchise partners. As a strategic part of the firm’s national expansion strategy, Lofty’s comprehensive platform provides La Rosa with the innovative technology foundation needed to scale and grow.

    “Our collaboration with Lofty reflects our commitment to empowering agents through cutting-edge technology that aims to enhance productivity, streamline client engagement, and accelerate business growth. Since its rollout, Lofty has demonstrated strong adoption across our agent network, validating its product-market fit,” noted Joe La Rosa, CEO of La Rosa. “The platform’s low churn rate underscores its enduring value and strong reception among La Rosa agents.”

    Unlike other real estate technology solutions, Lofty provides a true platform, powered by AI, to support the unique and complex needs of both traditional and modern brokerages. Easy to learn, and quick to drive results, Lofty can convert 42% more leads than other solutions, enabling brokerages like La Rosa to rapidly drive growth from one centralized application while also optimizing technology investments. Lofty has also expanded its multilingual capabilities to better serve clients such as La Rosa. This includes two key features:

    • Language translation and currency conversion capabilities which are automatically reflected on an agent’s Lofty IDX website.
    • AI Sales Assistant now supports over 50 languages, powered by the language model from Google DialogFlow to GPT 4.1 to have more real and human conversations.

    “La Rosa understands that cutting-edge technology is a key growth lever. From search to settlement, the Lofty platform provides them with innovative yet user-friendly applications that empowers agents, enables the business to scale, and puts them on the path achieving profitability,” noted Andrew Wild, Vice President, Enterprise Sales, Lofty.

    To learn more about how Lofty’s unmatched AI capabilities can help your brokerage grow and expand, visit https://www.lofty.com/solutions-brokers.

    About Lofty Inc.
    Lofty Inc. (formerly Chime Technologies) provides an AI-powered platform that helps real estate professionals increase their productivity and accelerate business growth. Featuring award-winning technology, the Lofty platform is designed to optimize every step of the real estate journey, from search to settlement. By leveraging one unified hub, customers can automate marketing programs, streamline the sales process, and maximize collaboration between agents, empowering them to spend more time building relationships and their business. Headquartered in Phoenix, Arizona, Lofty provides proven solutions for brokers, teams, and the enterprise. For more information, visit lofty.com.

    About La Rosa Holdings Corp.
    La Rosa Holdings Corp. (NASDAQ: LRHC) is transforming the real estate industry by providing agents with flexible compensation options, including a revenue-sharing model or a fee-based structure with 100% commission. Powered by its proprietary technology platform, La Rosa aims to equip agents and franchisees with the tools they need to deliver exceptional service.

    The Company offers both residential and commercial real estate brokerage services, as well as technology-driven products and support for its agents and franchise partners. Its business model includes internal services for agents and external offerings for the public, spanning real estate brokerage, franchising, education and coaching, and property management.

    La Rosa operates 26 corporate-owned brokerage offices across Florida, California, Texas, Georgia, North Carolina, and Puerto Rico. La Rosa also recently started its expansion into Europe, beginning with Spain. Additionally, the Company has six franchised offices and branches and three affiliated brokerage locations in the U.S. and Puerto Rico. The Company also operates a full-service escrow settlement and title company in Florida.

    For more information, please visit: https://www.larosaholdings.com.

    Stay connected with La Rosa, sign up for news alerts here: larosaholdings.com/email-alerts.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b14f6437-2904-4be3-812e-d526b008ed34

    The MIL Network –