NewzIntel.com

Category: Eurozone

  • MIL-OSI United Nations: 30 May 2025 News release WHO calls for urgent action to ban flavoured tobacco and nicotine products

    Source: World Health Organisation

    On World No Tobacco Day, the World Health Organization (WHO) today launches a new publication and calls on governments to urgently ban all flavours in tobacco and nicotine products, including cigarettes, pouches, hookahs and e-cigarettes, to protect youth from addiction and disease.

    Flavours like menthol, bubble gum and cotton candy are masking the harshness of tobacco and nicotine products turning toxic products into youth-friendly bait. Flavours not only make it harder to quit but have also been linked to serious lung diseases. Cigarettes, which still kill up to half of their users, also come in flavours or can have flavours added to them.

    “Flavours are fuelling a new wave of addiction, and should be banned,” said Dr Tedros Adhanom Ghebreyesus, Director-General of WHO. “They undermine decades of progress in tobacco control. Without bold action, the global tobacco epidemic, already killing around 8 million people each year, will continue to be driven by addiction dressed up with appealing flavours.”

    The publication, Flavour accessories in tobacco products enhance attractiveness and appeal, reveals how flavours and accessories like capsule filters and click-on drops are marketed to bypass regulations and hook new users.

    Currently:

    • over 50 countries ban flavoured tobacco;
    • more than 40 countries ban e-cigarette sales; 5 specifically ban disposables and 7 ban e-cigarette flavours; and
    • flavour accessories remain largely unregulated.

    Countries such as Belgium, Denmark, and Lithuania are taking action, and WHO urges others to follow.

    Flavours are a leading reason why young people try tobacco and nicotine products. Paired with flashy packaging and social media-driven marketing, they’ve increased the appeal of nicotine pouches, heated tobacco, and disposable vapes into addictive and harmful products, which aggressively target young people.

    “We are watching a generation get hooked on nicotine through gummy bear-flavoured pouches and rainbow-coloured vapes,” said Dr Rüdiger Krech, WHO Director of Health Promotion. “This isn’t innovation, it’s manipulation. And we must stop it.”

    WHO reiterates that tobacco products, including heated tobacco products, expose users to cancer-causing chemicals and should be strictly regulated.

    The 2025 World No Tobacco Day campaign honours governments, youth activists and civil society leaders pushing back against industry interference. “Your actions are changing policy and saving lives,” said Dr Krech.

    With around 8 million tobacco-related deaths each year, the time for action is now. Flavours, and the industries that deploy them, have no place in a healthy future.
     

    Information sheets

    The role of flavours in increasing the appeal of tobacco, nicotine and related products

    Flavour accessories in tobacco products enhance attractiveness and appeal

    Understanding the design features of tobacco, nicotine and related products and their possible effects

    Manipulation and marketing strategies used by tobacco and nicotine industries to promote their products

    MIL OSI United Nations News –

  • France to ban smoking at beaches, parks and outside schools to protect children

    Source: Government of India

    Source: Government of India (4)

    France will ban smoking on beaches, in parks, outside schools and in other locations to protect children, France’s health and families minister said.

    The ban will come into effect in July, Catherine Vautrin said in an interview with the Ouest France newspaper late on Thursday. It will exempt cafe terraces and will not apply to electronic cigarettes.

    “Where there are children, tobacco must disappear,” Vautrin said. “From July 1, beaches, public parks and gardens, school areas, bus shelters, and sports facilities will be smoke-free throughout France. Smoking will therefore be prohibited there, to protect our children.”

    Vautrin said smoking kills around 200 people every day in France.

    Smoking in France is at historic lows, according to a report published this month by the French Observatory for Drugs and Addictive Trends. It found that just under a quarter of people aged 18-75 smoked daily, the lowest since it began keeping records in the late 1990s.

    The UK announced a similar smoking ban last year.

    (Reuters)

  • MIL-OSI New Zealand: New Zealand and India: A broad-based, enduring partnership

    Source: New Zealand Government

    [Speech to the Ananta Aspen Centre, New Delhi, India]
    Namaste, good afternoon. 
    Ms Indrani Bagchi, distinguished guests, ladies and gentlemen. Thank you for the chance to speak with you today. Over the past 18 months, New Zealand and India have been working hard to deepen the excellent relations developing between us.
    It’s great to be back in New Delhi, just over year since our last visit. Last night, we were able to take stock with Minister Jaishankar of the progress New Zealand and India have made in strengthening relations in recent times, while discussing a broad range of challenging issues facing our region and our world. 
    We must, at the outset, pay tribute to Minister Jaishankar. He is one of the world’s leading statesmen, and it is an absolute pleasure to be working with him on this important project of cementing New Zealand-India relations. 
    This afternoon, we would like to outline for you why and how New Zealand seeks stronger relations with India, in the context of our broader approach to foreign policy in these uncertain, disordered times. 
    We will describe New Zealand’s outward face: how our small state of 5.2 million people sees its place in, and interacts with, the rest of the world. We will outline New Zealand’s foreign policy, which was reset after the new Coalition Government came into office in late 2023. We wish you to understand our priorities as well as our national values. And we will describe our determination to do more in, and with South and South East Asia, and especially with the great nation that is India. 
    Who we are
    First and foremost, New Zealand is a small collection of islands in the Southwest Pacific, just north of the penguins. The original discovery and settlement of the Pacific Islands, including New Zealand, is one of the most remarkable stories of exploration in human history. 
    Historians have compared it with space exploration as both were journeys into the unknown. But Pacific navigation is arguably even more remarkable because the canoes that set out from the Asian landmass knew not where they would land, nor when, nor indeed if they would find any new territory.
    But find land they did, as they forged new identities and societies on atolls and islands that today stand as a testament to their imagination, endurance and a resilience to overcome the formidable challenges of distance, geography, and resource scarcity.
    So, New Zealand is a Pacific Island country – we just sailed and paddled further – and we are linked with our Pacific family by geography, history, culture, politics, demography and indeed DNA. 
    We are also, self-evidently, a maritime nation. The Pacific Ocean represents 31 percent of the world’s surface. The Indian Ocean accounts for another 20 percent, so the Indo-Pacific accounts for about half the world’s surface, meaning protecting sea lanes and freedom of navigation is crucial for both India and New Zealand.
    New Zealand is also a migrant nation, one of the most multicultural countries anywhere. Seventeen percent of our people trace their origins to Asia, including six percent who have Indian ancestry. That diversity strengthens us at home – and connects us to the region that shapes our prosperity. Seven of our ten largest export destinations are in Asia. That is no coincidence. It is the reality of a deeply interconnected future. 
    We are also a deeply democratic people, with New Zealand being one of only nine countries who have enjoyed democracy continuously since 1854. 
    We are proud to have granted our earliest people, the Māori, the franchise all the way back in 1867, and to have been the first nation on earth to give women the vote, in 1893. We were also proud, when visiting your new parliament last year, to see New Zealand-made carpet adorning India’s magnificent new chamber in the world’s largest democracy. 
    New Zealanders, as an artefact of our geographical isolation from the world’s great populations centres, have always been outward-looking people, curious about the world around them. Indeed, many of our most iconic New Zealanders have done their best work outside our shores. 
    Lord Ernest Rutherford, who split the atom. Mountaineer Sir Edmund Hillary, who first climbed Mount Everest with Sherpa Tenzing Norgay, and whose legacy we were able to honour in Nepal this week. And, more latterly, cricketer John Wright, who coached India’s national team between 2000-2005; and, lest we forget, while on the subject of cricket, the New Zealand team which stunned the cricketing world in Bengaluru, Pune and Mumbai last year, are just a few of our peak Kiwi performers overseas.
    But, as our cricket team showed, the New Zealand character is forged not by a never-ending pipeline of natural talent – something India is blessed with – but by working very hard to hone the skills needed to compete on the global stage and to make the most of limited resources, whatever the endeavour.
    We push ourselves to work harder because New Zealand has understood these past 80 years, as a small state geographically isolated from the great landmasses of Asia, Europe and the Americas, that only through the conduct of a highly active foreign policy can we advance our national interests, defend our region, and make it more prosperous.
    Foreign Policy Reset
    Distinguished guests, in February 2024 Cabinet endorsed a significant foreign policy reset. 
    The six pillars of our foreign policy reset are as follows:
    First, we are significantly increasing our focus and resources applied to South and Southeast Asia. 
    Second, we have renewed and reinvigorated meaningful engagement with our traditional and likeminded partners. Beginning, as always, with our one formal ally and indispensable partner, Australia, which we visited again just late last week. 
    Third, we are actively sustaining a deeper focus on the Pacific Islands region, bolstering development and security collaboration in response to regional needs and crises.
    Fourth, we are carefully targeting our multilateral engagement to global and transboundary issues, working with close partners to defend and preserve core principles of international law that underpin our security and prosperity. 
    Fifth, we are supporting new groupings that advance and defend our interests and capabilities. The IP4, where we work closely with Australia, South Korea, Japan and NATO, is an example of this new support. 
    Sixth, we are working hard promoting our goal of seriously lifting New Zealand’s export value over the next decade. 
    The six pillars of the Government’s Foreign Policy Reset are underpinned by three key concepts:

    The realism that informs the Government’s foreign policy.
    Our view of the crucial role that diplomacy needs to play in our troubled world.
    And our unshakeable belief that small states matter and that all states are equal.

    In fashioning foreign policy responses the realist tendency is to err on the side of prudence. That is, we are careful in what we say, and when and how we say it. In conditions of great uncertainty and disorder, such as we are currently experiencing, prudence is a both a logical and necessary guiding principle for a small state like New Zealand.
    We see our responsibility to the New Zealand people, in conducting foreign policy, as making cool-headed calculations of the country’s own strengths and weaknesses as we fashion our responses to events large or small that impact upon New Zealand’s interests.
    For a small state like New Zealand, the role of diplomacy is a crucial instrument of our foreign policy. In our complex geostrategic environment never has effective diplomacy been more needed. In the 18 months since returning for a third time as Foreign Minister we’ve spoken widely with colleagues across the globe. We’ve visited 45 countries, several more than once, met with well over 100 Presidents, Prime Ministers, Deputy Prime Ministers and Foreign Ministers, and had over 400 political engagements.

    Summing up those discussions in our National Statement to the United Nations last year, we said it has never been more apparent just how much diplomacy and the tools of statecraft matter in our troubled world. 
    Since war and instability is everyone’s calamity, diplomacy is the business of us all. We have observed that at this moment in time the ability to talk with, rather than at, each other has never been more needed. 
    Those who share our values, and even those who do not, gain from understanding each other’s position, even when we cannot agree. From understanding comes opportunity and from diplomacy comes compromise, the building block of better relations between nations. We said we need more diplomacy, more engagement, more compromise. 
    As Winston Churchill also said in his later years, “meeting jaw-to-jaw is better than war.”

    The inherent tensions and imbalances in the global order – between the desire for a rules-based order that protects small states against aggression, and the unjustified exercise of power by certain Great Powers – have only grown over the last past eight decades. 

    Yet small states matter now as much as they did then. New Zealand holds the foundational belief that all states are equal and that our voices matter as much as more powerful states. 
    Adopting a prudential approach to our diplomacy also means not reacting to everything that happens around you. We are more interested in understanding and anticipating the trend lines that are apparent over much longer periods and how they manifest during our time at the wheel.
    The broadening India-New Zealand relationship
    Which brings us to the India-New Zealand relationship.  India’s trendlines are nothing short of stunning. India’s growth story is well known to us, and it is breathtaking: the fastest-growing economy in the G20 and on track to be the world’s third-largest economy in the coming years. 
    India’s middle class is now almost half a billion strong. In the last decade alone, 250 million Indians have been lifted out of poverty. India’s aviation industry has soared, with the number of airports more than doubling to 157, and a new highway network covering 95,000 kilometres – enough to drive between New Zealand and India eight times. These are not mere statistics; they represent an extraordinary economic transformation. 
    Globally, India has cemented itself as a key player. Hosting the G20 summit in 2023 and landing a spacecraft on the moon’s South Pole two years ago, are testaments to its growing influence. 
    For New Zealand, India presents immense untapped potential. Despite India’s economic scale, it remains only our 12th largest trading partner, accounting for just 1.5 percent of our exports. 
    We are determined to change that. Our strengths – from food and beverage products to agriculture, forestry, horticulture, education, and tourism – are world-class. And our innovation in areas like outer space and renewable energy will find a welcoming partner in India.
    Early in this term we clearly expressed our intent to build a deeper and broader relationship with India. But, as Mahatma Gandhi said, “An ounce of practice is worth more than tons of preaching.” So we have followed through with practical action to broaden our relationship.
    We have sought to increase the tempo and seniority of engagements between our politicians. Our first overseas visit outside our home region of Australia and Pacific was to India, where we visited both Gujarat and New Delhi in March 2024. The Trade Minister has visited India five times. 
    In March his year, Prime Minister Luxon visited India on one of New Zealand’s largest-ever Prime Ministerial missions. And we enthusiastically welcomed India’s President in August 2024, and, just recently, the Minister of State for External Affairs, Shri Pabitra Margherita.
    Since the Foreign Policy Reset, we’ve made concrete strides. We’ve launched negotiations on a Comprehensive Free Trade Agreement – a breakthrough in our economic relationship. But even before that milestone we had put in place measures to deepen the economic relationship, with new arrangements on horticulture, forestry, and education also recently finalised.
    Additionally, we have seen a Memorandum of Understanding signed between Air New Zealand and Air India to explore a codeshare agreement on 16 routes across India, Singapore, Australia, and New Zealand. This will make travel between our nations easier, boosting tourism, education, and business connections. 
    But our relationship with India goes well beyond economic ties. It extends to defence and security – a priority for New Zealand in the Indo-Pacific. In an emerging multipolar world, India is evolving into a geopolitical giant, an indispensable security actor in both regional and global spheres. 
    During a time of great uncertainty, instability and disorder, we have taken steps to work more closely on matters of defence and security with India. A recently signed Defence Cooperation Arrangement will facilitate closer links between our militaries. 
    Meanwhile, we have taken practical steps to work together more closely. The New Zealand Navy is leading Combined Task Force 150, charged with securing trade routes and countering terrorism, smuggling, and piracy in the Indian Ocean and Gulf of Aden. 
    India’s involvement in this mission, as the Deputy Command of the Task Force, underscores the growing closeness of our defence ties. The taskforce has already had very real impact, disrupting the trade of $600 million worth of illegal drugs so far. 
    With tensions rising in the Indo-Pacific, it is crucial for New Zealand to work hand-in-hand with India and other like-minded partners to ensure the region remains free and open, with all nations respecting the rules that underpin peace and stability.
    India makes a significant contribution to upholding the rules-based international system on which we rely, via its growing influence in multilateral forums. 
    In addition, India has been a leader in promoting solar energy worldwide. We were pleased to sign up to the India and France-led International Solar Alliance, which now has over 100 member countries. And New Zealand has endorsed India’s candidature for permanent membership in a reformed UN Security Council.
    Turning to our growing people-to-people links, Prime Minister Modi has spoken often of the Indian diaspora in New Zealand, calling it a “living bridge” between our countries. 
    That is certainly true – the vibrant Indian community in New Zealand is contributing immeasurably to our society. 
    Their economic contribution is enormous, with estimates from six years ago suggesting it was worth around NZ$10 billion. We have no doubt it has grown since. 
    Of course, our partnership is also about more than economics and politics. It’s about people, and there’s no greater expression of that than sport. Cricket, of course, is a key element of our relationship – we will soon mark 100 years of sporting ties with India.
    But our sporting connections go beyond cricket. New Zealand and India have recently signed a Sports Memorandum of Cooperation, paving the way for new collaborations in high-performance sports, technology, research, and people exchanges.
    When you consider the range of measures outlined today across these key areas, it becomes clear that India and New Zealand are building a truly broad-based relationship.

    Concluding Remarks
    In concluding this speech on New Zealand’s foreign policy and our approach to India, and before taking your questions, let us briefly reinforce our key messages here this afternoon.
    First, while we are operating under severe conditions of uncertainty and the world faces extremely difficult economic and security challenges, New Zealand is pursuing a Foreign Policy Reset to help secure our place in the world.
    Second, the foreign policy of this New Zealand Government is unashamedly realist because in conditions of uncertainty prudence is preferable to pious platitudes when it comes to protecting New Zealand’s and the Indo-Pacific’s immediate and longer-term economic and security interests.
    Third, our broadening bilateral relations with India are very important to us. New Zealand is deeply committed to South and South East Asia in general, and India in particular. We are taking concrete actions to make good on our commitment to India and the region, across political engagement, defence and security, trade and economics, people and cultural, and multilateral connections. 
    Ultimately, there’s plenty in our relationship to benefit both New Zealand and India, as we work more closely together on defence and security, on sharing technology and human capital and in cooperating economically. India can rely upon New Zealand’s word and the actions that support them. And we are in it for the long haul. 
    Thank you.

    MIL OSI New Zealand News –

  • MIL-OSI China: Dragon Boat Festival: Racing for health and happiness

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

    ▲ What is the Dragon Boat Festival?

    The Dragon Boat Festival, also known as Duanwu Festival, is one of China’s oldest and most celebrated traditions, with a history spanning over two millennia. True to its name, the festival is best known for its lively dragon boat races, where people gather to compete and cheer the racers on.

    Traditionally, the festival falls on the fifth day of the fifth month in the Chinese lunar calendar. In 2025, it will be celebrated on May 31.

    Scan QR code to launch interactive version:

    ▲ How popular are dragon boat races?

    In recent years, dragon boat racing has surged in popularity, attracting both amateur and professional teams across China and around the world.

    For instance, in 2024, the Suzhou Jinji Lake International Dragon Boat Race in Suzhou city, east China’s Jiangsu province, drew 66 teams and 1,418 participants, including seven international teams from countries such as Austria, Germany, Russia, Singapore and Switzerland.

    The sport’s growing global appeal was further highlighted last year with the launch of the Frankfurt Dragon Boat Festival in Germany and the Prague Dragon Boat Festival in the Czech Republic.

    ▲ Why do people celebrate the Dragon Boat Festival?

    The origins of the Dragon Boat Festival are deeply rooted in Chinese culture, with several theories explaining its rich history. One prominent view ties the festival to ancient dragon worship, where dragon boat racing was a symbolic tribute to the powerful dragon deity.

    Another widely told folk tale associates the festival with the poet Qu Yuan (340–278 B.C.). According to legend, when Qu Yuan drowned himself in the Miluo River to mourn the fall of his state, local villagers raced out in their boats to search for him or recover his body. This urgent act of devotion is said to have evolved into today’s dragon boat races.

    In modern times, dragon boat racing has grown beyond its traditional roots, becoming a vibrant sport that merges China’s cultural heritage with a contemporary competitive spirit.

    The Dragon Boat Festival, typically observed in late May or early June, also coincides with a period when ancient Chinese communities feared natural disasters and illness. Consequently, people historically used the festival to pray for good health and safety for their families.

    Today, the festival remains a moment to seek good fortune and celebrate prosperity. Falling close to the Summer Solstice, it also provides a lively break as China enters the height of summer heat.

    ▲ What other traditions are observed during the festival?

    A rich tapestry of traditions and legends has been passed down through generations, adding depth to the Dragon Boat Festival’s cultural significance.

    ——▼ Wrapping and eating ‘Zongzi’  

    One staple of the celebration is “zongzi,” a beloved culinary treat closely tied to the festival. In ancient China, these traditional rice dumplings were originally made as offerings to honor ancestors and deities. 

    Zongzi are distinctive for their pyramid shape, made from glutinous rice wrapped in reed or bamboo leaves and tied with colorful thread. Fillings vary by region and preference, ranging from sweet options like jujube and bean paste to savory choices such as fresh meat, ham and egg yolk.

    ——▼ Drinking realgar wine

    Realgar wine, a distinctive Chinese liquor infused with realgar, played a practical role in ancient times. Realgar was valued as a pesticide to keep mosquitoes at bay during the hot summer months and was also believed to act as an antidote to various poisons. Today, drinking realgar wine has become a cherished Dragon Boat Festival tradition.

    ——▼ Hanging mugwort and calamus

    During the festival, Chinese families often hang mugwort and calamus above their doors, mainly to repel insects. In ancient times, it was also widely believed that displaying mugwort, calamus or even pomegranate flowers could ward off misfortune and drive away evil spirits.

    ——▼ Wearing colored braids and perfumed pouches

    It’s also common for parents to make perfumed pouches or colorful braids for their children during the festival. This tradition is rooted in the belief that wearing these items provides protection against evil spirits and illness.

    These small, intricately designed pouches are filled with fragrant herbs or medicinal ingredients and are typically tied to children’s clothing. The colorful braids, traditionally made from five different colors of thread, are fastened around the wrist.

    MIL OSI China News –

  • Trump envoy says Russian concern over NATO enlargement is fair

    Source: Government of India

    Source: Government of India (4)

    U.S. President Donald Trump’s envoy to Ukraine, Keith Kellogg, said Russia’s concern over the eastward enlargement of NATO was fair and the United States did not want to see Ukraine in the U.S.-led military alliance.

    Asked by U.S. network ABC News about a Reuters report that Russia wanted a written pledge over NATO not enlarging eastwards to include Ukraine and other former Soviet republics, Kellogg said: “It’s a fair concern.”

    “We’ve said that to us, Ukraine coming into NATO is not on the table, and we’re not the only country that says that – you know I could probably give you four other countries in NATO and it takes 32 of the 32 to allow you to come in to NATO,” he told ABC late on Thursday. “That’s one of the issues that Russia will bring up.”

    “They’re not just talking Ukraine, they’re talking the country of Georgia, they’re talking Moldova,” Kellogg said, adding that a decision on U.S. views of NATO enlargement was for Trump to make.

    Kellogg said the sequencing of the peace talks would include an attempt to merge the two memorandums drafted by Ukraine and Russia into one single document with talks in Turkey on Monday.

    “When we get into Istanbul next week we’ll sit down and talk,” Kellogg said, adding that the national security advisers from Germany, France and Britain would join discussions on the memorandum with the United States.

    Kellogg said Trump was “frustrated” with Russia because he had seen “a level of unreasonableness” from Russian President Vladimir Putin. He scolded Russia for striking Ukrainian cities and said he had told Ukraine to turn up to talks.

    A conservative estimate of dead and injured in the Ukraine war – from both sides combined – totals 1.2 million, Kellogg said.

    “That is a stunning number – this is war on an industrial scale,” Kellogg told ABC.

    (Reuters)

  • MIL-OSI: Moody’s Affirms Bigbank’s Ratings and Assessments

    Source: GlobeNewswire (MIL-OSI)

    Moody’s Ratings (Moody’s) has affirmed all ratings and assessments of Bigbank AS, which were assigned last year.

    Moody’s confirmed the following ratings for Bigbank:

    • Long-term and short-term deposit ratings: Ba1/NP
    • Baseline Credit Assessment (BCA) and Adjusted BCA: ba2
    • Long-term and short-term Counterparty Risk Ratings: Baa2/P-2
    • Long-term and short-term Counterparty Risk Assessments: Baa2(cr)/P-2(cr)

    The outlook on the bank’s long-term deposit rating was revised from stable to negative.

    For more information, visit: www.moodys.com

    Bigbank AS (www.bigbank.eu), with over 30 years of operating history, is a commercial bank owned by Estonian capital. As of 30 April 2025, the bank’s total assets amounted to 2.9 billion euros, with equity of 274 million euros. Operating in nine countries, the bank serves more than 170,000 active customers and employs over 550 people. The credit rating agency Moody’s has assigned Bigbank a long-term bank deposit rating of Ba1, along with a baseline credit assessment (BCA) and an adjusted BCA of Ba2.

    Argo Kiltsmann
    Member of the Management Board
    Telephone: +372 5393 0833
    Email: argo.kiltsmann@bigbank.ee
    www.bigbank.ee

    The MIL Network –

  • MIL-OSI: ZETADISPLAY AB (publ) INTERIM REPORT 1 JANUARY – 31 MARCH 2025

    Source: GlobeNewswire (MIL-OSI)

    Q1 Interim report JANUARY – MARCH 2025 for ZetaDisplay AB (publ) is now available at ir.zetadisplay.com

    Report summary:

    Continued Growth and Strategic Wins Position ZetaDisplay for the Future

    JANUARY – MARCH 2025

    • Adjusted recurring revenue* increased by 9.9% to 65.4 (59.5) million
    • Recurring revenue increased by 7.4% to 65.4 (60.9) million
    • Adjusted net sales* increased by 26.8% to SEK 159.6 (125.9) million
    • Net sales increased by 25.5% to SEK 159.6 (127.2) million
    • Gross margin decreased to 56.4% (59.9 %)
    • Adjusted gross margin* decreased to 56.4% (59.5%)
    • Adjusted EBITDA* increased to SEK 22.0 (11.5) million
    1.  * Recurring revenue for the first quarter of 2024 has been reduced by SEK 1.3 million to reflect the restructuring of our German operations, during which certain non-core activities were identified for discontinuation.

    CEO comment

    CONTINUED GROWTH AND STRENGTHENED MARKET POSITION

    Adjusted net sales for the quarter increased by 26.8% to SEK 159.6 (125.9) million, primarily driven by strategic acquisitions that significantly strengthened our market presence in Europe, and further supported by 7% organic growth, notably from our global accounts. Adjusted recurring revenue grew by 9.9% to SEK 65.4 (59.5) million, representing 41.0% of net sales. Adjusted EBITDA for the first quarter rose to SEK 22.0 (11.5) million, reflecting our ability to scale efficiently while maintaining sound cost control.

    We are honored to have been named “Outstanding Company of the Year” at the 2025 Digital Signage Awards, with Engage Suite receiving recognition for its industry innovation and impact. These honors underscore our commitment to delivering cutting-edge solutions that drive customer engagement and innovation excellence. 

    During the quarter, we successfully completed our bond refinancing on favorable terms, reflecting the strong confidence our financial partners have in our strategic direction and financial health. We announced a significant new contract with Ruter, Oslo’s public transport authority. This five-year agreement involves modernizing digital signage across 370 transit locations, enhancing real-time passenger information and overall commuter experience, and increases our market position in the public sector.

    In Germany, we are making good progress in transforming our local company to embrace Zetadisplay’s Full-Service-Provider business model and are now offering our comprehensive digital signage solutions both to existing and new customers. In the UK, we have appointed a new Managing Director and are focusing on leveraging our Engage Suite platform, both by migrating key UK customers and by strengthening our value proposition to more proactively attract new customers.

    OUTLOOK

    We are encouraged by the continued evolution we see in areas such as hardware, analytics, AI, retail media and security, as well as by the positive market receptiveness to our offering. Our Full-Service-Provider business model, including our award-winning Engage Suite platform and a strong local market presence, positions us well to support our organic growth ambitions.

    The successful integration of Beyond Digital Solutions in the UK and our transformation into a Full-Service Provider across all markets, including Germany, enhance our capability to deliver comprehensive, international value-driven services.

    Looking ahead, we remain focused on driving long-term value through innovation, operational excellence, and deeper customer engagement to accelerate profitable growth. At the same time, we remain diligent in our cost and investment priorities with measures to navigate any unexpected effects from ongoing external market influences.

    I extend my sincere gratitude to all our employees for their dedication and to our customers for their continued trust in ZetaDisplay.

    Malmö, 30 May 2025

    This information is information that ZetaDisplay AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Anders Olin, at 08:00 CET on 30 May 2025

    – Full Q1 report attached and available at https://ir.zetadisplay.com/financial-reports –

    For further questions, please contact:

    Anders Olin, President & CEO
    Mobile: +46 076-101 14 88
    E-Mail: anders.olin@zetadisplay.com

    Claes Pedersen, CFO
    Mobile: +45 23-68 86 58
    E-Mail: claes.pedersen@zetadisplay.com

    ABOUT ZETADISPLAY
    More than 20 years of leadership and innovation in digital signage.
    ZetaDisplay was founded 2003 in Sweden as one of the early pioneers of digital signage. We are one of the leading European corporations in the digital signage market and a leading force in the European digital signage industry. Our proprietary software platform, digital business development and consulting services, innovative digital signage solutions, and creative concepts regularly inspire- influence and guide millions of people every day in retail environments, in restaurants, on advertising screens, in factories, on trains, on cruise ships, in stadiums, in workplaces and in all types of public spaces indoor and outdoor. ZetaDisplay is one of the largest leading European digital signage companies with direct operations in eight European countries and the US with +125,000 active installations in over 50 countries, across all major continents where we are the business partner of choice for many of the worlds most respected blue-chip brands and companies.

    ZetaDisplay is based in Malmö-Sweden, has a turnover of SEK +600 million and employs approx. 250 co-workers. ZetaDisplay is owned by the investment company Hanover Investors. More information at www.ir.zetadisplay.com and www.hanoverinvestors.com.

    Attachment

    The MIL Network –

  • MIL-OSI China: Sinner sends Gasquet into retirement, Djokovic marches on

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

    World No. 1 Jannik Sinner advanced with a commanding straight-sets victory over French veteran Richard Gasquet, bringing an emotional close to the 38-year-old’s career, while Novak Djokovic progressed smoothly in his pursuit of a record 25th Grand Slam title at the French Open on Thursday.

    The day held special significance for Gasquet, who was making his 22nd and final appearance at Roland Garros, as he had announced he would retire after the tournament. Facing the formidable Sinner, Gasquet battled valiantly but was ultimately overcome 6-3, 6-0, 6-4, ending his run in the second round.

    “Thank you for being very fair with me today, I know what was at stake. It’s your [Gasquet’s] moment. Congrats on an amazing career,” Sinner said post-match.

    Novak Djokovic of Serbia hits a return during the men’s singles second round match against Corentin Moutet of France at French Open tennis tournament 2025 in Paris, France, May 29, 2025. (Xinhua/Gao Jing)

    Djokovic also booked his spot in the last-32 with a straight-sets win over Frenchman Corentin Moutet, triumphing 6-3, 6-2, 7-6 (1).

    Although the 38-year-old Serbian required a medical timeout for a blister on his foot during the match, he displayed characteristic composure and stability. Djokovic will next play Austrian qualifier Filip Misolic.

    “I came to Roland Garros with more confidence, good feelings. Hopefully I can continue like that,” he said.

    Women’s second seed Coco Gauff of the United States delivered a solid performance to beat last year’s junior champion Tereza Valentova 6-2, 6-4.

    Russian prodigy Mirra Andreeva, who made a remarkable run to the semifinals here last year, continued her good form. Having already captured two WTA 1000 titles earlier this season in Dubai and Indian Wells, the 18-year-old defeated American Ashlyn Krueger 6-3, 6-4.

    Elsewhere, reigning Wimbledon champion Barbora Krejcikova suffered an early exit, falling 6-0, 6-3 to Russia’s Veronika Kudermetova. 

    MIL OSI China News –

  • MIL-OSI United Kingdom: UK-supported peacebuilding and mediation capabilities event a success

    Source: United Kingdom – Executive Government & Departments

    World news story

    UK-supported peacebuilding and mediation capabilities event a success

    A four-day colloquium on Peacebuilding and Mediation Capabilities successfully concludes in Honiara, Solomon Islands on Friday 30 May 2025.

    A group photo of all the women participants with British High Commissioner to Solomon Islands and Nauru, His Excellency Paul Turner.

    Supported by the UK International Development and Australian Aid and organised by the Pacific Women Mediators Network (PWMN), the inaugural colloquium aims to commemorate and uplift the legacy of the Pacific Islands Women-led peacebuilding initiatives, reaffirming the role of women in peace and security efforts.

    It also aims to demonstrate the intersectionality of feminist perspectives and the Gender, Women, Peace and Security (WPS) in the Pacific Islands region. Additionally, the meeting also aims to reaffirm gender equality, women’s rights, and the inclusion of women’s voices and experiences in all aspects of peace and security work.

    Enhancing visibility of Pacific Islands women-led and civil society led mediation and peacebuilding initiatives responding to priority issues including Climate Security and Climate Justice, Self Determination and Gender Equality are also part of the meeting.

    The regional meeting that began on Tuesday 27 May 2025 also aims to connect national conversations with regional inter-governmental and global processes including the United Nations Peacebuilding Architecture Review (PBAR).

    It is a cross – regional learning opportunity that will enable the founding members of PWMN and youth leaders, civil society allies, including faith and traditional leaders to identify ways to move beyond surface-level calls to implement WPS and towards realising the full vision of the Gender and WPS agenda in practice.

    Speaking at the inaugural colloquium on Tuesday 27 May, British High Commissioner to Solomon Islands and Nauru, His Excellency Paul Turner said:

    Women have been at the forefront of peace movements across the world. I saw this first hand when I was working on Northern Ireland and Bosnia in the 1990s. It was women who reached out across communities in these places, who refused to let walls of blood divide people and keep them in conflict. The UK Government remains steadfast in its support for this initiative as we strengthen the global network of women in peace building.

    Held ahead of the 25th anniversary of the adoption of the UN Security Council Resolution 1325 (Women, Peace and Security), and the 54th Pacific Islands Forum Leaders Meeting that will convene in Honiara in September 2025, it is expected Pacific Forum Leaders will adopt their Guidance Note on Women, Peace and Security and the Ocean of Peace Declaration.

    The UK has a global commitment to UN Security Council Resolution 1325 on Women, Peace and Security. We are proud to support the ambitions of the Pacific Islands Forum in promoting this agenda and supporting its members to embed its ideals across the region, as well as grassroots networks and organisations working to protect and uplift women in the Pacific.

    The UK has five Strategic Objectives for Women Peace and Security in its National Action Plan, which are as relevant in the Pacific as elsewhere in the world. They include:

    • increasing women’s meaningful participation, leadership and representation in decision-making processes
    • preventing gender-based violence, including conflict-related sexual violence, and supporting survivors to cope, recover and seek justice
    • supporting the needs of women and girls in crises and ensuring they can participate and lead in responses
    • increasing the accountability of security and justice actors to women and girls and ensuring they are responsive to their rights and needs
    • ensuring we respond to the needs of women and girls as part of our approach to transnational threats

    The colloquium concluded on Friday 30 May 2025.

    Updates to this page

    Published 30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Joint Statement of the Multilateral Sanctions Monitoring Team (MSMT) on the first report covering DPRK-Russia military cooperation

    Source: United Kingdom – Executive Government & Departments

    Press release

    Joint Statement of the Multilateral Sanctions Monitoring Team (MSMT) on the first report covering DPRK-Russia military cooperation

    Several countries gave a joint statement following the publication of the first report of the Multilateral Sanctions Monitoring Team (MSMT).

    Australia, Canada, France, Germany, Italy, Japan, Netherlands, New Zealand,
    Republic of Korea, the UK and the USA gave a statement following the publication of the first report of the Multilateral Sanctions Monitoring Team (MSMT):

    We, the participating states of the Multilateral Sanctions Monitoring Team (MSMT), released today its first report. This multilateral mechanism was established in October 2024 to monitor and report on the implementation of United Nations sanctions measures on the Democratic People’s Republic of Korea (DPRK). The report is available on the official MSMT website.

    The report, which focuses primarily on unlawful DPRK-Russia military cooperation including arms transfers and Russia’s training of DPRK troops, consolidates information provided by MSMT participating states on violations and evasions of sanction measures stipulated in relevant United Nations Security Council resolutions (UNSCRs). The report also contains information provided by open source intelligence organizations.

    This report is a product of our efforts to address the monitoring gap arising from the disbandment of the UN Security Council’s 1718 Committee Panel of Experts in April 2024 which was caused by Russia’s veto in March 2024. The report will assist with the full implementation of UN sanctions by the international community. The opportunity for dialogue to reestablish the Panel of Experts as a central element of the UN sanctions framework remains open, provided the Panel is restored to the full form it had prior to disbandment.

    With the release of the first MSMT report, we underscore once again our shared determination to fully implement relevant UNSCRs. We urge the DPRK to engage in meaningful diplomacy, and call on all states to join global efforts to maintain international peace and security in the face of ongoing threats from the DPRK and those that facilitate its illicit activities in contravention of relevant UNSCRs.

    We will continue our efforts to monitor the implementation of UNSCRs on the DPRK and raise awareness of ongoing attempts to violate and evade UN sanctions.

    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 30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI: High Arctic Overseas Announces 2025 First Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

    CALGARY, Alberta, May 30, 2025 (GLOBE NEWSWIRE) — High Arctic ‎Overseas Holdings Corp. (TSXV: HOH) (“High Arctic Overseas” or the “Corporation”) has released its first quarter 2025 financial and operating results. The unaudited condensed interim consolidated financial statements (the “Financial Statements”) and management’s discussion & analysis (“MD&A”) for the quarter ended March 31, 2025, will be available on SEDAR+ at www.sedarplus.ca. All amounts are denominated in United States dollars (“USD”), unless otherwise indicated.

    The common shares of the Corporation began trading on the TSXV on August 16, 2024 under the trading symbol HOH.

    Mike Maguire, Chief Executive Officer commented on the Corporation’s first quarter 2025 financial and operating results:

    “Having established High Arctic Overseas Holdings Corp. with dedicated Management and a resilient core business, this Corporation is well placed to participate meaningfully in anticipated future major project developments.

    Our experience combined with ideal drilling equipment for the challenging PNG environment positions us well.

    I remain excited about our prospects to play a strategic role servicing the major projects anticipated in PNG over the second half of the decade.”

    2025 FIRST QUARTER HIGHLIGHTS

    • Drilling rig 103 remains suspended and drilling rigs 115 and 116 remain cold-stacked;
    • Manpower and rental services maintained similar activity levels to Q4 2024;
    • Revenue and operating margins significantly reduced compared to Q1 2024, largely as a result of rig 103 operating in Q1 2024 versus being suspended in Q1 2025; and
    • Disciplined cashflow management resulted in exiting Q1 2025 with working capital of over $20 million.

    Business strategy

    Our business strategy focused on Papua New Guinea is underpinned by the following cornerstones:

    • Leveraging our core PNG planning and logistics capability to diversify ‎our service offerings;
    • Deploying idle assets into profitable operations;
    • Strengthening local content & participation in the PNG finance and investment communities;
    • An established and efficient corporate structure; and
    • Seeking opportunities to expand and root the business in the Australasian region.

    2025 Strategic Objectives

    • Relentless focus on safety excellence and quality service delivery;
    • Reduce general and administrative expenditures;
    • Grow the manpower business in Papua New Guinea;
    • Maximize potential participation in future major Papua New Guinea projects; and
    • Pursue expansionary transactions that increase shareholder value.

    Since the Corporation and HAES-Cyprus were both wholly-owned by HWO, the transfer of all of the outstanding ordinary shares of HAES-Cyprus to the Corporation was deemed a common control transaction. The Corporation’s Financial Statements are presented under the continuity of interests basis. Financial and operational results contained within this Press Release present the historic financial position, results of operations and cash flows of HAES-Cyprus for all prior periods up to August 12, 2024, under HWO’s control. The financial position, results of operations and cash flows from April 1, 2024 (the date of incorporation of the Corporation) to August 12, 2024, include both HAES-Cyprus and the Corporation on a combined basis and from August 12, 2024, forward include the results of the Corporation on a consolidated basis upon completion of the Arrangement.

    For reporting purposes in the Financial Statements, the MD&A and this Press Release, it is assumed that the Corporation held the PNG business prior to August 12, 2024, and as such, information provided includes the financial and operating results for the three months ended March 31, 2025, including all comparative periods.

    In the above results discussion, the three months ended March 31, 2025 may be referred to as the “quarter” or “Q1 2025” and the comparative three months ended March 31, 2024 may be referred to as “Q1 2024”. References to other quarters may be presented as “QX 20XX” with X/XX being the quarter/year to which the commentary relates.

    FIRST QUARTER 2025 SELECT FINANCIAL AND OPERATIONAL RESULTS OVERVIEW

        Three months ended March 31,
    (thousands of USD except per share amounts)       2025     2024  
    Operating results:        
    Revenue       2,510     11,134  
    Net income (loss)       (1,225)     2,501  
    Per share (basic and diluted) (1)(2)     ($0.10)   $0.20  
    Operating margin (3)       714     4,315  
    Operating margin as a % of revenue (3)       28.4%     38.8%  
    EBITDA (3)       (286)     3,588  
    Per share (basic and diluted) (1)(2)     ($0.02)   $0.29  
    Adjusted EBITDA (3)       (202)     3,530  
    Adjusted EBITDA as a % of revenue (3)       (8.0%)     31.7%  
    Per share (basic and diluted) (1)(2)     ($0.02)   $0.28  
    Operating income (loss) (3)       (998)     2,720  
    Per share (basic and diluted) (1)(2)     ($0.08)   $0.22  
    Cash flow:        
    Cash flow from operating activities       (825)     5,348  
    Per share (basic and diluted) (1)(2)     ($0.07)   $0.43  
    Funds flow from operations (3)       (256)     3,314  
    Per share (basic and diluted) (1)(2)     ($0.02)   $0.27  
    Capital expenditures       74     550  
         
    (thousands of USD except per share amounts and common
    shares outstanding)    		     March 31, 2025 December 31, 2024
    Financial position:        
    Working capital (3)       20,212     20,602  
    Cash and cash equivalents       13,902     14,930  
    Total assets       34,133     35,287  
    Shareholder’s equity       29,766     30,953  
    Per share (4)     $2.39   $2.49  
    Common shares outstanding       12,448,166     12,448,166  
    (1)  For periods when the Corporation incurred a net loss the shares outstanding under the Corporation’s equity incentive plans for the periods presented are excluded from the calculation of diluted weighted average number of common shares as the outstanding options were anti-dilutive.
    (2)  For the purposes of computing per share amounts, the number of common shares outstanding for the periods prior to the Arrangement is deemed to be the number of shares issued by the Corporation to the shareholders of HWO upon completion of the Arrangement. See “2024 Corporate Reorganization” section of this Press Release and the Corporation’s Financial Statements for additional details.
    (3)  Readers are cautioned that Operating margin, Operating margin as a % of revenue, EBITDA (Earnings before interest, tax, depreciation, and amortization), Adjusted EBITDA, Adjusted EBITDA as a % of revenue, Operating income (loss), Funds flow from operations and Working capital do not have a standardized meanings prescribed by IFRS. See “Non IFRS Measures” in this Press Release for additional details on the calculations of these measures.
    (4)  Shareholders’ equity per share calculated based on the number of common shares outstanding as at the relevant date.
     

    Operating Results

        Three months ended March 31,
    (thousands of USD, unless otherwise noted)     2025   2024  
    Revenue     2,510   11,134  
    Operating expenses     (1,796)   (6,819)  
    Operating margin (1)     714   4,315  
    Operating margin percentage (1)     28.4%   38.8%  
    (1)   See “Non-IFRS Measures”
     

    Customer-owned rig 103 has been suspended since the second half of 2024 compared to being operational in the first 5.5 months in 2024. As such, the majority of Q1 2025 revenue is from the provision of equipment rental and skilled personnel to key customers within PNG’s oil and gas industry. While minor, the Corporation is seeing increased equipment rental revenues from other industries within PNG. As noted above, revenues for Q1 2024, were inclusive of rig 103 drilling activities plus revenue from the provision of equipment rental and skilled personnel into PNG’s oil and gas industry.

    The Corporation owns two heli-portable drilling rigs (Rigs 115 and 116) which remain preserved and maintained ready for deployment.

    Liquidity and Capital Resources

        Three months ended March 31,
    (thousands of USD)     2025   2024  
    Cash provided by (used in) operations:        
    Operating activities     (825)   5,348  
    Investing activities     (74)   (550)  
    Financing activities     (117)   (124)  
    Effect of foreign exchange rate changes     (12)   –  
    Increase (decrease) in cash     (1,028)   4,674  
    (thousands of USD, unless otherwise noted)     As at
    March 31, 2025    		   As at
    Dec 31, 2024    		  
    Current assets     24,230   24,706  
    Working capital(1)     20,212   20,602  
    Working capital ratio(1)     6.0:1   6.0:1  
    Cash and cash equivalents     13,902   14,930  
     (1)  See “Non-IFRS Measures”
     

    Liquidity and Capital Resources
    Cashflows from Operating Activities

    For the three months ended March 31, 2025, cash used in operating activities was $825 (Q1 2024 – cash generated was $5,348). The change in operating cash flow was driven by reduced revenue generating activities and changes in non-cash working capital. Changes in non-cash working capital are listed in Note 13 of the Financial Statements and represent temporary differences as inventory is purchased in support of anticipated sales, deferred revenue is earned and related party balances post the Arrangement.

    Cashflows from Investing Activities

    For the three months ended March 31, 2025, cash used in investing activities was $74 (Q1 2024 – $550). Cash outflows associated with investing activities were directed towards capital expenditures for additional rental assets. The Corporation continues to seek opportunities to invest in additional capital assets, in particular where it can do so with support of customer take-or-pay agreements.

    Cash flows from Financing Activities

    For the three months ended March 31, 2025, cash used in financing activities was $117 (Q1 2024 – $124). Cash outflows associated with finance activities were directed towards lease obligation payments.

    Outlook

    Consistent with the outlook provided by the Corporation in Q4 2024 the outlook for the Corporation’s core business in PNG for the remainder of 2025 remains subdued. Current quarter operating results were largely driven by manpower and rental services delivered to its key customers in PNG’s oil and gas industry. With no near-term drilling activity currently contracted, the Corporation expects equipment rental and manpower to continue as the primary revenue generating activity for 2025. The second half of 2025 is expected to see a decline in these activities as certain projects supported by the Corporation are expected to conclude, and customers have deferred non-essential work as they realize low and volatile near-term commodity prices.

    The Corporation is buoyed by an increase in recent enquiries for services and requests for pricing which may lead to a future upswing in revenue generating activity. The Corporation remains engaged with its principal customer on planning for future drilling activity and continues to focus on enhancing and optimizing its existing rental fleet deployment and manpower solutions offerings. The Corporation also continues to pursue business expansion opportunities in PNG, participating in requests for tender and actively engaging with potential customers for its services in PNG and the wider region while also taking actions to protect its capability to realize the future potential of the business.

    Our rationale for a business strategy focussed on PNG is unchanged. Papua New Guinea possesses substantial deposits of natural resources including significant reserves of oil and natural gas and has emerged as a reliable low-cost energy exporter to Asian markets, particularly for liquefied natural gas (“LNG”). A significant investment in the country’s oil and gas industry was evidenced by the successful construction of the PNG-LNG project in 2014, with the primary partners in the venture being customers of the Corporation. In the period following, the Corporation’s predecessor company committed to the purchase and upgrade of drilling rigs 115 and 116 and expansion of the Corporation’s fleet of rentable equipment including camps, material handling equipment and worksite matting. These investments contributed to a substantive lift in revenues and earnings as PNG enjoyed its highest period of exploration and development activity.

    Since the onset of COVID-19 in early 2020, there has been a substantive reduction in drilling services in PNG. This follows some consolidation among the active exploration and production companies and evolving political and economic influences. In the longer term, High Arctic believes PNG is on the precipice of a new round of large-scale projects in the natural resources sector. ‎The next significant ‎LNG project currently being planned is Papua-LNG, a project lead by the French oil and gas super-major TotalEnergies, with a final investment decision anticipated in late 2025. There is an expectation for increased drilling activity through the latter half of this decade, ‎not only to develop wells for the supply of gas to the Papua-LNG export facility, but also to explore for and ‎appraise other discoveries. The signing of a fiscal stability agreement between the P’nyang gas field joint venture and the government of PNG is another positive signal for that expansionary project to follow Papua-LNG.

    The Corporation is strategically positioned to support these developments, given its dominant position for drilling and associated services in PNG, existing work relationships with the operating companies, and proximity to the proposed sites of operation. The Corporation’s drilling rigs 115 and 116 are portable by helicopter and have been maintained and preserved for future use.

    There are a number of other petroleum projects and substantive nation-building projects including infrastructure, ‎electrification, telecommunications and defense projects planned for the development of PNG. ‎These ‎projects will require access to transport and material handling machinery, quality worksite and temporary ‎road mats and a substantive amount of labour including skilled equipment operators, qualified tradespeople and engineers, ‎geoscientists and other professionals. ‎High Arctic’s business continues to position itself to be a meaningful supplier of services, equipment and manpower for this market.

    NON-IFRS MEASURES

    This Press Release contains references to certain financial measures that do not have a standardized meaning prescribed by International Financial Reporting Standards (“IFRS”) and may not be comparable to the same or similar measures used by other companies. High Arctic Overseas uses these financial measures to assess performance and believes these measures provide useful supplemental information to shareholders and investors. These financial measures are computed on a consistent basis for each reporting period and include Oilfield services operating margin, EBITDA (Earnings before interest, tax, depreciation and amortization), Adjusted EBITDA, Operating loss, Funds flow from operating activities, Working capital and Net cash. These do not have standardized meanings.

    These financial measures should not be considered as an alternative to, or more meaningful than, net income (loss), cash from operating activities, current assets or current liabilities, cash and/or other measures of financial performance as determined in accordance with IFRS.

    For additional information regarding non-IFRS measures, including their use to management and investors and reconciliations to measures recognized by IFRS, please refer to the Corporation’s Q1 2025 MD&A, which is available online at www.sedarplus.ca.

    About High Arctic ‎Overseas Holdings Corp.

    High Arctic Overseas is a market leader in Papua New Guinea providing drilling ‎and specialized well completion services, manpower solutions and supplies rental equipment including rig matting, camps, material ‎handling and drilling support equipment.

    For further information, please contact:

    Mike Maguire
    Chief Executive Officer
    1.587.320.1301

    High Arctic Overseas Holdings Corp.
    Suite 2350, 330–5th Avenue SW
    Calgary, Alberta, Canada T2P 0L4
    www.higharctic.com
    Email: info@higharctic.com

    Forward-Looking Statements
    This Press Release contains forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “seek”, “propose”, “estimate”, “expect”, and similar expressions are intended to identify forward-looking statements. Such statements reflect the Corporation’s current views with respect to future events and are subject to certain risks, uncertainties, and assumptions. Many factors could cause the Corporation’s actual results, performance, or achievements to vary from those described in this Press Release.

    Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this Press Release as intended, planned, anticipated, believed, estimated or expected. Specific forward-looking statements in this Press Release include, among others, statements pertaining to the following: general economic and business conditions; the role of the energy services industry in future phases of the energy industry; the outlook for energy services both globally and within PNG; the impact of conflict in the Middle East and Ukraine; the timing and impact on the Corporation’s business related to potential new large-scale natural resources projects and increased drilling activity in PNG; the impact, if any, related to existing or future changes to government regulations by the government of PNG; the impact, if any, on the Corporation’s future financial and operational results related to non-resource development opportunities in PNG; market fluctuations in commodity prices, and foreign currency exchange rates; restrictions on repatriation of funds held in PNG; expectations regarding the Corporation’s ability to manage its liquidity risk; raise capital and manage its debt finance agreements; projections of market prices and costs; factors upon which the Corporation will decide whether or not to undertake a specific course of operational action or expansion; the Corporation’s ongoing relationship with its major customers; customers’ drilling intentions; the Corporation’s ability to position itself to be a significant supplier of services, equipment and manpower for other resource and non-resources based projects in PNG; the Corporation’s expectations related to financial and operational results in 2025, including the expectation that the equipment rental and manpower services portion of the Corporation’s business will be the primary revenue generating activity for fiscal 2025; the timing and ability of the Corporation to put its own administrative infrastructure in place; the Corporation’s ability to invest in additional capital assets, including the impact on the Corporation’s future financial and operational results; the impact, if any, of geo-political events, changes in government, changes to tariff’s or related trade policies and the potential impact on the Corporation’s ability to execute on its 2025 business plan and strategic objectives; the ability of the Corporation to expand its geographic customer base outside of PNG, and the deploying idle heli-portable drilling rigs 115 and 116 and securing future work with other exploration companies in PNG.

    With respect to forward-looking statements contained in this Press Release, the Corporation has made assumptions regarding, among other things, its ability to: maintain its ongoing relationship with major customers; successfully market its services to current and new customers; devise methods for, and achieve its primary objectives; source and obtain equipment from suppliers; successfully manage, operate, and thrive in an environment which is facing much uncertainty; remain competitive in all its operations; attract and retain skilled employees; and obtain equity and debt financing on satisfactory terms and manage liquidity related risks.

    The Corporation’s actual results could differ materially from those anticipated in these forward-looking statements as a result of the risk factors set forth in this Press Release and in the Corporation’s annual 2024 MD&A, which is available on SEDAR+.

    The forward-looking statements contained in this Press Release are expressly qualified in their entirety by this cautionary statement. These statements are given only as of the date of this Press Release. The Corporation does not assume any obligation to update these forward-looking statements to reflect new information, subsequent events or otherwise, except as required by law.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the ‎policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network –

  • MIL-OSI China: Wagner takes over as Augsburg head coach

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

    FC Augsburg announced the appointment of Sandro Wagner as its new head coach on Wednesday.

    The 37-year-old succeeds Jess Thorup, stepping into his first top-tier managerial role after most recently serving as assistant coach with Germany’s national team.

    Wagner, a former Bundesliga striker who has played for Bayern Munich, Werder Bremen and Hoffenheim, had already said that he would leave his position with Germany after the UEFA Nations League Finals in early June. With his sights firmly set on a head coaching position, Augsburg marks the next step in his career.

    “My ambition has always been to lead a Bundesliga team,” said Wagner. “The conversations with Augsburg gave me a clear sense that this is the right fit. The club’s philosophy matches my ideas about the game, and the environment here is ideal for growth, both for me and for the team.”

    Known for his modern, possession-oriented style and strong communication skills, Wagner began his coaching journey with Unterhaching, guiding the side to promotion to Germany’s third division in 2023. He then joined the German Football Association, progressing from the Under-20s to the senior team, where he assisted Julian Nagelsmann during Euro 2024.

    Augsburg CEO Michael Stroll expressed enthusiasm over the appointment: “Sandro lives and breathes football. He’s meticulous and passionate, and he has a proven ability to improve players and teams. We’re excited to start this new chapter together.”

    Wagner has signed a contract through to 2028. While his focus is now fully on Augsburg, he is also continuing his pursuit of the UEFA Pro Licence, Germany’s highest coaching certification.

    Augsburg finished 12th in the 2024-25 season under Thorup. With Wagner’s arrival, the club hopes to build on that foundation and push for higher ambitions in the years ahead.

    MIL OSI China News –

  • MIL-OSI Banking: Speech: Meg O’Neill Address to the 2025 Australian Energy Producers Conference & Exhibition – Australian Energy Producers

    Source: Australian Petroleum Production & Exploration Association

    Headline: Speech: Meg O’Neill Address to the 2025 Australian Energy Producers Conference & Exhibition – Australian Energy Producers

    Thank you, Samantha, for that kind introduction.

    Welcome everyone to the 2025 Australian Energy Producers Conference!

    I’d like to begin by acknowledging the Jagera and Turrbal people as the traditional custodians of the land upon which we are meeting today.

    Thank you also to Shannon Ruska for that wonderful Welcome to Country.

    It was a fantastic way to open our conference and mark the start of National Reconciliation Week.

    Looking around at this room, it is great to see such strong support for our industry.

    Thank you to each and every one of you for the effort you have made to be here.

    It’s really valuable for us to come together and share knowledge and debate ideas, with the aim of constantly improving how we work, and how we can chart a brighter future for our industry and the nation in the years to come.

    We’ve already had some thoughtful speeches this morning.

    Thank you Sam for your dedication to promoting the great work of our members.

    And Minister King, thank you for your reflections and your strong advocacy for our industry.

    We look forward to continuing to work with you.

    I would also like to acknowledge that Senator Anthony Chisholm, Assistant Minister for Resources is here.

    Senator Chisolm, thank you for your attendance.

    Later this morning we’ll hear from former Australian Treasurer and Ambassador to the United States Joe Hockey and the Queensland Treasurer and Minister for Energy David Janetzki.

    I am very much looking forward to hearing their perspectives on the economic and energy challenges facing Australia, and nations around the world.

    I would like to take this opportunity to congratulate the Albanese Government on its election victory.

    Campaigning for office is not for the faint of heart. It takes passion, discipline and a belief in the idea that Australia can be better. I admire the commitment and endurance of those who run in modern-day elections.

    One vital pathway to building a brighter future for Australia is to ensure that we and our regional partners have the energy we need to build prosperity and succeed in the energy transition.

    So, I would also like to thank the Government for its clear acknowledgement of the critical role that gas plays in the Australian economy and in the nation’s trading relationships.

    The vital importance of gas has also been emphasised by the Liberals and Nationals, and we appreciate this bipartisan support.

    The Government’s Future Gas Strategy, led by Minister King, makes a powerful and compelling case for the role of gas in supporting the quality of life in Australia, and in providing energy security in our region.

    We thank the Minister for her leadership and vision in laying out this roadmap for Australia’s gas endowment.

    The opportunity now is to take real actions that deliver the Government’s Future Gas Strategy.

    And Minister King, you have our industry’s support in working together with all stakeholders to achieve this for the long-term.

    Celebration of the year’s success

    One of my favourite things about this conference is the chance to celebrate our industry’s success in helping meet Australia’s energy needs, and in delivering strong economic outcomes at local, state and national levels.

    I think it’s fitting we are here in Brisbane, because this year marks 10 years since the Queensland LNG industry began operating.

    It’s hard to imagine the Australian industry without our Queensland operators and I think we should celebrate this achievement with a round of applause.

    From the vast offshore fields of Western Australia, the Northern Territory and Victoria – to the rich onshore basins of Queensland, South Australia and New South Wales – and to the emerging basins such as the Perth Basin and the Beetaloo – Australia’s oil and gas industry stands as a powerhouse of innovation and economic strength.

    By exploring, developing and producing these resources, we play a critical role in providing the energy needed in Australia and the Asian region.

    But we cannot take this for granted.

    Reflection on Australia’s energy edge

    For decades, Australia’s vast energy resources have provided a major competitive advantage for the nation’s economy.

    In particular, safe, affordable and reliable domestic gas has helped underpin the success of many Australian businesses, especially in mining and manufacturing.

    While the LNG industry has made a significant contribution to Australia’s prosperity through taxes and royalties, skilled jobs, community support and economic development.

    KPMG analysis commissioned by AEP found the gas industry contributed 105 billion dollars to Australia’s gross domestic product and supported 215,000 ongoing jobs across the economy in 2021-22.

    This is in addition to taxes and royalties paid to Australian governments, which in 2023‑24 totalled an estimated 17.1 billion dollars.

    But our energy edge is at risk.

    This is evidenced by forecasts of looming supply shortfalls on both the east and west coasts and weakened investor confidence in investing in new supply.

    AEP has this week released a Wood Mackenzie report that analysed Australia as an investment destination.

    The study involved data analysis and a survey of CEOs of AEP member companies.

    It makes for sobering reading, confirming what many in this room already know.

    Certainty around Australia’s energy and climate policies, environmental regulation and timely approvals is critical to driving investment.

    95 per cent of respondents said they have had investments directly impacted by a change in government policy or regulation.

    Of these investments, a fifth did not proceed or were relocated outside of Australia, and almost half were significantly delayed.

    Learning from experiences in prior years, we have an opportunity now to create the foundations for the next wave of energy investment in Australia.

    We must continue to make the most of our natural resources and our ingenuity, so that we keep jobs and revenue in Australia.

    Implications

    What is also at stake is the nation’s ability to compete on the global stage for the industries of the future.

    These include artificial intelligence, data centres, critical minerals manufacturing and no doubt sectors we haven’t even imagined yet. All of which depend on reliable and affordable power.

    The recent blackouts in Spain and Portugal are a forceful reminder of the consequences of losing reliable supplies of energy, upon which we rely for our daily lives and jobs.

    While the causes of the blackouts are still being investigated, what we can see with certainty is that these events reinforce the need to focus on energy security and energy affordability, as well as – and not instead of – emissions reduction.

    All three matter.

    When we lose sight of any one of these, all three are at risk.

    I am encouraged by evidence – including the Government’s Future Gas Strategy – that policymakers are increasingly willing to recognise and speak up for the critical importance of natural gas, including as the stabilising partner to higher levels of renewables and as a lower emissions source of power than coal.

    I welcome more government policy decisions to reflect the strategy in practice.

    And I think it is time that the opponents of our industry face up to the fact that they are making the energy transition harder and more risky by slowing down investment and trying to take practical options off the table.

    If Australia loses its energy edge, we also lose opportunities to contribute to decarbonisation at home and abroad.

    As we know, when used to generate electricity, gas typically produces half the life cycle emissions of coal.

    Coal demand in the Asia Pacific continues to grow and drive up global emissions.

    This underlines why Australia must maximise opportunities to supply LNG to Asian customers who want to reduce their reliance on coal through a combination of gas and renewables.

    Furthermore, the opportunity to service growing demand for natural gas is one that Australia’s competitor nations will seize, if Australia is not able to take the opportunities before it.

    For example – we have seen significant pro-energy investment policy changes in the USA with the change in administration, and I am eager to hear Joe Hockey’s take on this.

    But no one doubts where the US stands on developing its natural resources – the President has declared an Energy Emergency, and prioritised development of the US’s energy resources – both for domestic use and for customers abroad.

    And there is genuine urgency to tackle permitting reform and make energy investment easier.

    Our offer and our ask

    All of us in this room recognise the enormous opportunity that Australia has to help meet essential energy needs – and the necessity of doing so responsibly.

    Australian Energy Producers’ message to policymakers here in Australia, is that we will play our part in supplying affordable, reliable energy to customers, while also tackling climate change.

    We are committed to doing this through innovation and collaboration.

    We are designing and operating out emissions from our assets, implementing CCS, and diversifying into new lower-carbon commodities and technologies.

    As a proof point – Australia now has two of the world’s largest CCS projects, with the Gorgon project having sequestered over 11 million tons of CO2 since it commenced operations, and the Moomba CCS project starting up last year.

    Something else we’re committed to is ensuring the public discussion about energy policy includes balance and facts.

    Through AEP’s advocacy, we are calling out misinformation and disinformation campaigns that seek to downplay our sector’s significant economic and tax contribution, and the essential role of gas in achieving decarbonisation goals.

    We appreciate government efforts to help build community understanding of the role of gas and foster support for what we deliver.

    It’s vital that people hear the facts about gas and understand its importance to their lives, the Australian economy and decarbonising Asia.

    By equipping people with knowledge about energy production, consumption and role in the energy transition, we make it harder for our opponents to spread misinformation, and easier to have the respectful policy debates that can lead to better industry and environmental outcomes.

    With a new federal parliament elected, it is an opportunity to finally cut red and green tape, to simplify and streamline Australia’s approvals system.

    Cutting red and green tape will promote innovation, and enable businesses to thrive.

    And it will create more jobs for Australians.

    Streamlining approvals will also drive the productivity growth Australia needs to remain competitive in an increasingly protectionist world.

    And in news hot off the press, it was a huge relief last week to see the Native Title Tribunal clear a path for Santos’s much-needed Narrabri gas development to go ahead.

    As an industry, we look forward to working with new Environment Minister Murray Watt as he takes on the critical role of ensuring energy development in Australia is conducted responsibly and sustainably.

    We acknowledge that Minister Watt is working through the process to take a decision on the North West Shelf extension and we look forward to an outcome.

    We all recognise that energy development must meet rigorous environmental standards and maintain the confidence of the community.

    The Government’s Future Gas Strategy is a clear roadmap for policy reform to ensure that these objectives are met as the nation’s resources are responsibly developed.

    This includes implementing clear and unambiguous offshore consultation rules.

    Regulatory loopholes are in no-one’s interests.

    The industry fully supports consulting with impacted traditional owners and other stakeholders – but the rules for consultation must be clear to provide predictable outcomes for all parties.

    It is also essential that exploration resume in earnest in Australia.

    This starts with regular offshore acreage licensing rounds, and clear regulations around the well-proven and safe technology of seismic surveys.

    We must get exploration going now to ensure the energy future of the 2030’s and 2040’s is secure.

    Conclusion

    In closing, Australia has the key ingredients to sustain its energy edge for decades to come.

    We have been gifted natural resource potential like few other nations.

    We have the talented, capable and motivated workforce we need to unlock the potential.

    We have a long track record of supporting downstream domestic industries and providing feedstock and energy to build Australia’s prosperity.

    We also have proximity to the world’s fastest growing energy markets, who are looking for secure, reliable supplies to power their own development.

    We have the opportunity now to build on the decades of success – unlocking new resources, powering a bright future, and doing so responsibly.

    There will be headwinds, but we have the resilience and the vision as an industry to ensure that Australia’s energy edge delivers for every Australian, for decades to come.

    Thank you everyone, I wish you a great conference.

    MIL OSI Global Banks –

  • MIL-OSI Economics: Air France-KLM confirms order for four A350F

    Source: Airbus

    Headline: Air France-KLM confirms order for four A350F

    Air France-KLM has finalised its order with Airbus for four new generation A350F freighters, following the earlier commitment announced in December 2021. The freighters are destined to increase Air France’s cargo capacity with the most efficient and sustainable cargo aircraft available in the market.

    MIL OSI Economics –

  • MIL-Evening Report: French politicians in New Caledonia to stir the political melting pot

    By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk

    French national politicians have been in New Caledonia as the territory’s future remains undecided.

    Leaders from both right-wing Les Républicains (LR) and Rassemblement National (RN), — vice-president François-Xavier Bellamy and Marine Le Pen respectively — have been in the French Pacific territory this week.

    They expressed their views about New Caledonia’s political, economic and social status one year after riots broke out in May 2024.

    Since then, latest attempts to hold political talks between all stakeholders and France have been met with fluctuating responses, but the latest round of discussions earlier this month ended in a stalemate.

    This was because hardline pro-France parties regarded the project of “sovereignty with France” offered by French Overseas Minister Manuel Valls was not acceptable. They consider that three self-determination referendums held in 2018, 2020 and 2021 rejected independence.

    However, the last referendum, in December 2021, was largely boycotted by the pro-independence movement and its followers due to indigenous Kanak cultural concerns around the covid-19 pandemic.

    The pro-France camp is accusing Valls of siding with the pro-independence FLNKS bloc and other more moderate parties such as PALIKA (Kanak Liberation Party) and UPM (Union Progressiste en Mélanésie), who want independence from France.

    Transferring key powers
    Valls is considering transferring key French powers to New Caledonia, introducing a double French/New Caledonian citizenship, and an international standing.

    The pro-France camp is adamant that this ignores the three no referendum votes.

    Speaking to a crowd of several hundred supporters in Nouméa on Tuesday evening, Bellamy said he now favoured going ahead with modifying conditions of eligibility for voters at local provincial elections.

    The same attempts to change the locked local electoral roll — which is restricted to people residing in New Caledonia from before November 1998 — was widely perceived as the main cause for the May 2024 riots, which left 14 dead.

    Bellamy said giving in to violence that erupted last year was out of the question because it was “an attempt to topple a democratic process”.

    Les Républicains, to which the Rassemblement-LR local party is affiliated, is one of the major parties in the French Parliament.

    Its newly-elected president Bruno Retailleau is the Minister for Home Affairs in French President Emmanuel Macron’s coalition government.

    Nouméa Accord ‘now over’
    Bellamy told a crowd of supporters in Nouméa that in his view the decolonisation process prescribed by the 1998 Nouméa Accord “is now over”.

    “New Caledonians have democratically decided, three times, that they belong to France. And this should be respected,” he told a crowd during a political rally.

    In Nouméa, Bellamy said if the three referendum results were ignored as part of a future political agreement, then LR could go as far as pulling out of the French government.

    Marine Le Pen, this week also expressed her views on New Caledonia’s situation, saying instead of focusing on the territory’s institutional future, the priority should be placed on its economy, which is still reeling from the devastation caused during the 2024 riots.

    The efforts included diversifying the economy.

    A Paris court convicted Le Pen and two dozen (RN) party members of embezzling European Union funds last month, and imposed a sentence that will prevent her from standing in France’s 2027 presidential election unless she can get the ruling overturned within 18 months.

    The high-profile visits to New Caledonia from mainland French leaders come within two years of France’s scheduled presidential elections.

    And it looks like New Caledonia could become a significant issue in the pre-poll debates and campaign.

    LFI (La France Insoumise), a major party in the French Parliament, and its caucus leader Mathilde Panot also visited New Caledonia from May 9-17, this time mainly focusing on supporting the pro-independence camp’s views.

    Macron invites all parties for fresh talks in Paris
     On Tuesday, May 27, the French President’s office issued a brief statement indicating that it had decided to convene “all stakeholders” for fresh talks in Paris in mid-June.

    The talks would aim at “clarifying” New Caledonia’s economic, political and institutional situation with a view to reaching “a shared agreement”.

    Depending on New Caledonia’s often opposing political camps, Macron’s announcement is perceived either as a dismissal of Valls’ approach or a mere continuation of the overseas minister’s efforts, but at a higher level.

    New Caledonia’s pro-France parties are adamant that Macron’s proposal is entirely new and that it signifies Valls’ approach has been disavowed at the highest level.

    Valls himself wrote to New Caledonia’s political stakeholders last weekend, insisting on the need to pursue talks through a so-called “follow-up committee”.

    It is not clear whether the “follow-up committee” format is what Macron has in mind.

    But at the weekend, Valls made statements on several French national media outlets, stressing that he was still the one in charge of New Caledonia’s case.

    “The one who is taking care of New Caledonia’s case, at the request of French Prime Minister François Bayrou, that’s me and no one else,” Valls told French national news channel LCI on May 25.

    “I’m not being disavowed by anyone.”

    Local parties still willing to talk
     Most parties have since reacted swiftly to Macron’s call, saying they were ready to take part in further discussions.

    Rassemblement-LR leader Virginie Ruffenach said this was “necessary to clarify the French state’s position”.

    She said the clarification was needed, since Valls, during his last visit, “offered an independence solution that goes way beyond what the pro-independence camp was even asking”.

    Local pro-France figure and New Caledonia’s elected MP at the French National Assembly, Nicolas Metzdorf, met Macron in Paris last Friday.

    He said at the time that an “initiative” from the French president was to be expected.

    Pro-independence bloc FLNKS said Valls’ proposal was now “the foundation stone”.

    Spokesman Dominique Fochi said the invitation was scheduled to be discussed at a special FLNKS convention this weekend.

    Valls’ ‘independence-association’ solution worries other French territories
     Because of the signals it sends, New Caledonia’s proposed political future plans are also causing concern in other French overseas territories, including their elected MPs in Paris.

    In the French Senate on Wednesday, French Polynesia’s MP Lana Tetuanui, who is pro-France, asked during question time for French Foreign Affairs Minister Jean-Noël Barrot to explain what France was doing in the Pacific region in the face of growing influence from major powers such as China.

    She told the minister she still had doubts, “unless of course France is considering sinking its own aircraft carrier ships named New Caledonia, French Polynesia and Wallis and Futuna”.

    French president Emmanuel Macron has been on a southeast Asian tour this week to Vietnam, Indonesia and Singapore, where he will be the keynote speaker of the annual Shangri-La Dialogue.

    He delivers his speech today to mark the opening of the 22nd edition of the Dialogue, Asia’s premier defence summit.

    The event brings together defence ministers, military leaders and senior defence officials, as well as business leaders and security experts, from across the Asia-Pacific, Europe, North America and beyond to discuss critical security and geopolitical challenges.

    More specifically on the Pacific region, Macron also said one of France’s future challenges included speeding up efforts to “build a new strategy in New Caledonia and French Polynesia”.

    As part of Macron’s Indo-Pacific doctrine, developed since 2017, France earlier this year deployed significant forces in the region, including its naval and air strike group and its only aircraft carrier, the Charles de Gaulle.

    The multinational exercise, called Clémenceau 25, involved joint exercises with allied forces from Australia, Japan and the United States.

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Submissions: Gebrüder Weiss expands into Thailand

    Source: Gebrüder Weiss

    Logistics company continues to expand its network in South-East Asia / 20-strong team in Bangkok organizes air and sea freight transportation

    Bangkok / Lauterach, May 30, 2025. Gebrüder Weiss is set to open a new country organization in Thailand on June 1, 2025. The international transport and logistics company is strengthening its market presence in Southeast Asia and expanding its network in one of the world’s most economically dynamic regions.

    “The new country organization allows us to close a strategic gap and create direct connections to central Asia-Pacific markets for our customers,” says Lothar Thoma, Managing Director Air & Sea at Gebrüder Weiss. “Thailand is an important export location with strong trade links to the USA, China, Japan, Australia, and Singapore – markets where we are also represented with locations of our own.”

    In 2024, Thailand posted export volumes worth around 300 billion US dollars, up five percent on the previous year. Industrial goods account for the majority of outbound trade (86 percent), with key categories including electronics, vehicles, machinery, and food.

    The team of 20 employees in Bangkok provides international air and sea freight transportation, customs handling, and national and cross-border land transport services. “Our employees have many years of experience in international transport management. In the medium term, we are aiming to expand our services in Thailand to include warehouse logistics, with a particular focus on the automotive and high-tech sectors,” says Cristian Predan, Area Manager South-East Asia at Gebrüder Weiss.

    With its entry into the Thai market, Gebrüder Weiss now has an active presence in nine countries across the East and South-East Asia region and Oceania. These include Australia, Greater China, Japan, Malaysia, New Zealand, Singapore, South Korea, and Vietnam. The regional network now spans 35 locations with around 800 employees.

    Team Thailand

    Port of Laem Chabang

    Lothar Thoma

    Cristian Predan

    GW locations Asia

    GW locations Oceania

    About Gebrüder Weiss

    Gebrüder Weiss Holding AG, based in Lauterach, Austria, is a globally operative full-service logistics provider with about 8,600 employees at 180 company-owned locations. The company generated revenues of 2.71 billion euros in 2024. Its portfolio encompasses transport and logistics solutions, digital services, and supply chain management. The twin strengths of digital and physical competence enable Gebrüder Weiss to respond swiftly and flexibly to customers’ needs. The family-run organization – with a history going back more than half a millennium – has implemented a wide variety of environmental, economic, and social initiatives. Today, it is also considered a pioneer in sustainable business practices. www.gw-world.com

    MIL OSI – Submitted News –

  • MIL-OSI China: Coudet extends contract as Alaves coach

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

    Deportivo Alaves announced on Thursday that coach Eduardo Coudet has signed a new contract for next season after he guided the club away from relegation in La Liga.

    The 50-year-old Argentine arrived at Alaves in December 2024 with the aim of keeping the Vitoria-based outfit in Spain’s top flight, and he achieved that with a week left in the season after taking 11 points from six games.

    Coudet, who has also coached Celta Vigo, has agreed a new one-year deal until June 2026, although he may have to do without top scorer Kike Garcia, who seems likely to leave Alaves when his contract expires at the end of June.

    MIL OSI China News –

  • MIL-OSI USA: Pallone Marks Jewish American Heritage Month with Resolution Honoring Jewish War Veterans

    Source: United States House of Representatives – Congressman Frank Pallone (6th District of New Jersey)

    Washington, DC – Congressman Frank Pallone, Jr. (NJ 06) today introduced a resolution in the U.S. House of Representatives honoring the 129th anniversary of the Jewish War Veterans of the United States of America. The resolution was introduced during Jewish American Heritage Month and recognizes the group’s historic role in fighting antisemitism, preserving Jewish military history, and advocating for the rights and recognition of all veterans.

    Founded in 1896 by Jewish Civil War veterans who came together to reject false claims that Jews had not served their country, the Jewish War Veterans is the oldest active veterans service organization in the nation. The resolution commends the group for more than a century of service, including its leadership in protesting Nazi Germany in the 1930s, helping establish the National Museum of American Jewish Military History, and continuing to support military families and educate the public about the Holocaust.

    “Jewish American Heritage Month is a time to lift up the stories of service and sacrifice that are too often overlooked,” Pallone said. “The Jewish War Veterans have defended this country in every major conflict and returned home to defend the truth about that service. This resolution ensures Congress recognizes the generations of leadership they have provided and the work they are still doing today.”

    The resolution affirms the importance of the Jewish War Veterans’ mission to preserve history, promote justice and equality, and combat antisemitism in all its forms. It also calls on Congress to continue supporting the organization’s work.

    Read Pallone’s full resolution here.

    MIL OSI USA News –

  • MIL-OSI China: Bayern sign Tah from Leverkusen on free transfer

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

    Bayern Munich has confirmed the signing of German international Jonathan Tah from Bayer Leverkusen, as announced by the Bavarians on Thursday.

    The 29-year-old center-back has signed a contract with the Bundesliga champions until 2029, bringing an end to long-standing transfer speculation.

    Jonathan Tah (front R) of Bayer 04 Leverkusen vies with Ihlas Bebou of TSG Hoffenheim during the first division of Bundesliga match in Leverkusen, Germany, March 30, 2024. (Photo by Joachim Bywaletz/Xinhua)

    Tah will bring experience and leadership to Bayern, after having played a crucial role in Leverkusen’s double-winning 2023-24 campaign, where he played 31 league matches, scored four goals and was a regular captain under Xabi Alonso. In total, Tah made 402 appearances for Leverkusen across all competitions after joining the club from Hamburger SV in 2015.

    “This is a new chapter and a great opportunity,” Tah said after completing his medical in Munich. “I’m here to take on responsibility, grow as a player and win trophies with this team. That’s what drives me.”

    Bayern had previously expressed interest in Tah, and board member Max Eberl made no secret of the club’s long-standing admiration. “Jonathan Tah has been on our radar for a long time. He’s a leader and a consistent performer. He had several offers, so we’re delighted he chose Bayern,” said Eberl.

    Bayern’s CEO Jan-Christian Dreesen echoed this sentiment, praising Tah’s profile: “As an experienced international and proven leader, Jonathan will add stability and class to our defense. He knows what it takes to win.”

    Sporting director Christoph Freund highlighted Tah’s readiness to make an immediate impact. “He won’t need much time to adapt. His composure, ball-playing ability and mentality make him a perfect fit for our back line.”

    Tah will wear the No. 4 shirt at the Allianz Arena. Although Bayern stated that the transfer was completed without a fee, discussions regarding a possible early release from Leverkusen before his contract officially expires on June 30 are ongoing, with a reported compensation fee of two million euros being discussed. 

    MIL OSI China News –

  • MIL-OSI United Kingdom: Historic Garden of England protected with new sparkling National Nature Reserve

    Source: United Kingdom – Government Statements

    Press release

    Historic Garden of England protected with new sparkling National Nature Reserve

    Eighth Kings Series National Nature Reserve to be announced

    Credit: Michael Charlton

    • The North Kent Woods and Downs National Nature Reserve is home to around 1700 ancient and veteran trees, as well as a mosaic of natural habitats including wildflower meadows, rare arable plants and chalk grasslands.
    • Around 400,000 people live within 5 miles of the new reserve, and will have new opportunities to connect with this unique landscape.
    • First National Nature Reserve to include an organic and carbon-negative vineyard, bringing a boost for both nature recovery and the local economy.

    Kent has reaffirmed its reputation as the ‘Garden of England’ with the announcement of a new National Nature Reserve (30 May) boasting flagship species including, Man and Lady orchids, the Maidstone mining bee, Hazel dormouse and skylarks.

    The county is said to have been given its famous nickname by Henry VIII to acknowledge its beautiful green landscape and abundant supply of food and drink. While much has changed over the centuries, modern day visitors to the newly opened reserve will find that it is still worthy of this title. The site offers access to a rich mix of wildflower meadows, chalk grasslands and ancient woodlands which have maintained tree cover since the Tudor era.

    Many people have enjoyed the picturesque North Kent countryside, including Charles Dickens, who praised the fresh greenery and bustling wildlife of Kent, and frequently returned to the area in his writings, drawing inspiration from this idyllic landscape. The natural beauty of the area has now been put back in the spotlight with this declaration.

    Over 400,000 people live within five miles of the new North Kent Woods and Downs National Nature Reserve and 8 million people live just an hour’s drive away, making this opening an exciting opportunity for people to connect with internationally important nature. 

    The new National Nature Reserve covers 800 hectares, equivalent to over 1100 football pitches, and partners will be working to support conservation efforts beyond the boundary of the reserve, helping to create a joined-up approach to nature recovery for a further 1100 hectares in the surrounding area.

    Tony Juniper, Chair of Natural England said:  

    Creating bigger, better and more joined up natural areas is one of the most vital and fundamental steps we must take in meeting our national targets for Nature’s recovery. This new reserve, with its hundreds of ancient trees set amid extensive chalk grasslands, lays the foundations for multiple partners to work together to improve Nature across a significant area of countryside. This reserve presents one further excellent example of the progress that can be made when people decide to work together across landscapes.

    Millions of people visit our National Nature Reserves and having a new one accessible to so many people and with such fantastic Nature is truly a cause for celebration.

    Nature Minister Mary Creagh said: 

    This new National Nature reserve will give people the opportunity to explore Kent’s magical landscapes from wildflower meadows to ancient woodlands.

    Reserves like this one, and others in the King’s Coronation Series, will deliver on our promise to improve access to nature and protect nature-rich habitats, as well as boosting the local economy in line with our Plan for Change.

    Alongside long-term management for the precious habitats found at the site, the declaration of the newest National Nature Reserve in the King’s Series also offers the prime example of how conservation and economic growth can go hand in hand. 

    The site is home to the Silverhand Estate, the largest single organic and carbon-negative vineyard in the UK. For organisations like Silverhand, a healthy natural environment is essential to business, which serves as a reminder that nature underpins all parts of our economy. 

    The creation of the reserve will offer a boost to tourism in the Garden of England, as National Nature Reserve status highlights the internationally important nature found in the area. More than 20 million people visit National Nature Reserves each year, helping to put the natural beauty and ecological importance of our landscapes in the spotlight and boost the visitor economy of the areas around them. 

    This new National Nature Reserve directly supports the government’s commitment to restore and protect our natural world by expanding nature-rich habitats where people can explore and wildlife can thrive.

    This is the 8th reserve to be launched as part of the King’s Series of National Nature Reserves, which will leave a lasting public legacy for people and nature by creating or extending 25 National Nature Reserves by 2027. 

    With support from Natural England and Kent Downs National Landscape, the Reserve will be managed by a number of partners including the National Trust, Woodland Trust, Kent County Council, Plantlife, Silverhand Estate (Vineyard Farms Ltd), and the West Kent Downs Countryside Trust. Affiliated partners include Gravesham Borough Council, Birling Estate, Shorne Parish Council, Tarmac and Forestry England. 

    ENDS 

    QUOTES PACK 

    Nick Johannsen, National Landscape Director, Kent Downs National Landscape:

    The North Kent Woods and Downs National Nature Reserve is especially exciting because of the sheer scale, nearly 20 square kilometres of land managed for nature, people, its beauty and history and for scientific research and so close to the urban centres of Gravesend and the Medway Towns.

    Many partners from the public, private, community and charity sectors are working together here, on some of the very best sites for wildlife in England. Together we have committed to work for nature recovery and connect our land. Our partnership has worked for over 2 years to develop a vision for the NNR and carry out detailed research and development. This crucial stage has been supported by the National Highways Designated Funds. Our friends in Natural England guided the proposal through the legal processes and we’ve done it!

    A fantastic new National Nature Reserve in the Kent Downs National Landscape. This launch celebrates all of the work done so far, and will provide added momentum to make more positive change on the ground, securing more flourishing nature and engaging with more and more diverse communities.

    Ben Sweeney, Ranscombe Farm Reserve Manager, Plantlife:

    It is truly exciting that Ranscombe Farm, Plantlife’s flagship nature reserve, is now part of such a concerted effort to bring together conservation, community and sustainable land use at the landscape scale. Ranscombe Farm, a wonderful patchwork of arable fields, ancient woodland and chalk grasslands, is a globally significant place for wild plants and other wildlife.

    Not only is Ranscombe the last wild UK site for Corncockle, it also harbours the largest population of the endangered Broad-leaved cudweed and a wide variety of rare wild orchids. But it is much more than just a treasure trove of rare and threatened plants; visitors are welcome to enjoy 10 miles of footpaths through the mosaic of habitats covering over 600 acres and marvel at the stunning displays of poppies in June and July.

    Gary Smith, CEO, Silverhand Estate:

    We are delighted to be a part of and working alongside the NNR. Sustainability, regenerative farming and protection of the landscape is at the heart of everything we do on our Estate. The work our conservation team does has had an enormously positive impact on the local landscape and we are excited to be able to share this with the community going forward.

    Cllr Emma Morley, Gravesham Borough Council’s cabinet member for operational services:

    We are blessed to have such beautiful and historically significant landscapes within our borough, which are rightly being recognised through the creation of this NNR. Nature does not recognise human boundaries, and so we look forward to working with the various partners and colleagues to protect and nurture this extensive, beautiful and fascinatingly varied reserve, allowing generations to come to enjoy its beauty.

    Jenny Scholfield, Regional Director at the Woodland Trust: 

    We are delighted that Ashenbank Wood, a SSSI site with ancient woodland, veteran trees and home to rare and declining species including the hazel dormouse, is part of the new National Nature Reserve in North Kent.

    For over 40 years Woodland Trust has been caring for and managing this site for trees, wildlife and people and we are pleased that Ashenbank is recognised and protected as an important part of the Kent landscape as part of this initiative. We are looking forward to further collaboration with the NNR partners to strengthen our efforts for nature recovery across this unique landscape.

    Jonathan Ireland, Lead Ranger at National Trust, Cobham Woods:

    Cobham Wood’s inclusion in the North Kent Woods and Downs National Nature Reserve is a significant step in safeguarding one of Kent’s most precious landscapes. This ancient woodland, home to centuries-old veteran trees and a rich diversity of wildlife, provides a vital habitat for rare species, from saproxylic invertebrates to nesting birds.

    Through this pioneering partnership and shared learnings, we can ensure the continued restoration of its historic wood pasture, allowing nature to flourish while welcoming visitors to experience its beauty firsthand. By working together across a landscape scale, we are creating a connected and resilient environment where biodiversity can thrive, ensuring Cobham Wood is protected for future generations to explore and enjoy.

    Simon Jones, Corporate Director, Growth, Environment and Transport for Kent County Council, said:

    At the heart of the National Nature Reserve is a partnership working together as one area, sharing work, knowledge and planning for the whole ecosystem to be connected as opposed to working in individual areas. Shorne Woods and Trosley Country Parks are part of the NNR and are home to flagship species such as orchids, arable plants, dormice, great crested newts and spectacular veteran trees, each playing a vital role in the ecosystem.

    The ambition for the NNR partnership is to make a positive change at landscape scale and enhance the vitality of these communities, giving them greater access and awareness of first-class green spaces on their doorstep. Some of Kent’s more deprived areas fall within five miles of the NNR. The social ambitions of the partners include linking the landscape and its urban residents and inviting them to discover what is on their doorstep.

    Updates to this page

    Published 30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI: RIB Software Launches Global Customer Campaign: “You See It. Together, We’ll See It Through”

    Source: GlobeNewswire (MIL-OSI)

    Stuttgart, Germany, May 29, 2025 (GLOBE NEWSWIRE) — Stuttgart, Germany – May 2025 – RIB Software, a global leader in engineering and construction software technology, today announced the launch of its latest global brand campaign: “You See It. Together, We’ll See It Through.” The campaign celebrates the diverse community of industry professionals shaping the built environment – and RIB’s role in empowering them with digital solutions that enable smarter, faster, and more sustainable project outcomes.

    “Whether our customers are creating entire cities, infrastructure, or spaces where people live or work, RIB stands beside them from planning to breaking ground and beyond – with tools that reduce costs, save time, and minimize environmental impact,” explains Mads Bording, Chief Strategy & Marketing Officer at RIB Software.

    The campaign reflects RIB’s belief that the future of the industry depends on more connected, empowered project teams. Its suite of connected solutions helps architecture, engineering, and construction (AEC) professionals simplify operations, improve profitability, and deliver sustainable results – whether they’re managing a small-scale development or a multi-billion-dollar infrastructure project. 

    “At RIB, we believe every project starts with a vision,” said René Wolf, CEO of RIB Software. “Our new brand campaign is about showing that we don’t just provide the technology – we commit to the journey. Our customers see the vision, and together, we’re committed to helping them see it through.”

    Trusted by leading AEC professionals worldwide, RIB’s tools provide a digital thread across the entire project lifecycle, ensuring more effective collaboration and better outcomes at every stage. No matter the size or complexity of a project, RIB delivers the insights, automation, and support needed to get it over the line, on time and on budget.

    Every structure begins with an idea. But it takes more than vision to bring complex builds to life. From architects and estimators to project managers and executives, the engineering and construction industry depends on close collaboration, timely insight, and trusted support. RIB’s technology is built with this in mind – tailored to meet the real-world needs of the people who plan, build, and deliver.

    As part of RIB’s Hard Hats & Hi Tech podcast series, customers from around the world have shared their firsthand experience with RIB tools, and how these solutions are helping them meet real challenges on real projects.

    “RIB Candy has made my life easier. Everything is integrated, which means I can manage cost reports, payment certificates, and valuations without switching between tools,” said Luscha Matsane, Quantity Surveyor at Tri-Star Construction. “It’s a platform that understands how we actually work on-site, and it’s changed how I collaborate and justify decisions with clients.”

    “RIB SpecLink helps me work faster, smarter, and with more confidence,” said Eric Ledbetter, specification consultant and founder of Ledbetter Ink. “The linking engine automates decisions across the spec set, reduces errors, and lets me focus on quality and context. It’s completely changed the way I approach spec writing—and how I teach others to do it.”

    “At RIB, we don’t just build software – we build it the way people in the built environment actually work,” said René. “We understand the pressure of deadlines, the need for precision, and the challenge of coordination across multiple stakeholders. Our role is to help our customers deliver with confidence.”

    RIB invites AEC leaders, innovators, and visionaries to explore the campaign and discover how a partnership with RIB can help them realize their boldest ideas.

    To learn more, visit https://www.rib-software.com/en/rib.  

    [ENDS]

    About RIB Software

    Driven by transformative digital technologies and trends, RIB is committed to propelling the industry forward and making engineering and construction more efficient and sustainable.

    Throughout its 60-year history, the business has expanded its global footprint to incorporate more than 550,000 users and 2,500 talents, with the vision of transforming the operation into a worldwide powerhouse and providing innovative software solutions to its core markets – while placing its people at the heart of everything it does.

    Managing the entire project lifecycle, from planning and construction, to operation and maintenance, the development of RIB’s portfolio of software solutions is driven by industry expertise, best practice and a passion to remain at the cutting edge of technology. 

    Ultimately, it aims to connect people, processes and data in innovative ways to ensure its customers always complete projects within budget, on time and to high quality, while reducing their carbon footprints. 

    RIB Software is a proud Schneider Electric company.

    Press Enquiries

    Kim Immelman
    kim.immelman@rib-software.com

    Attachment

    The MIL Network –

  • MIL-OSI Security: Russian National and Leader of Qakbot Malware Conspiracy Indicted in Long-Running Global Ransomware Scheme

    Source: US FBI

    LOS ANGELES – A federal grand jury indictment unsealed today charges a Russian national with leading a group of cyber criminals that developed and deployed the Qakbot malware that infected thousands of computers worldwide, installing ransomware and demanding payment from victims.

    Rustam Rafailevich Gallyamov, 48, of Moscow, Russia, is charged with one count of conspiracy to commit computer fraud and abuse, and one count of conspiracy to commit wire fraud. He is believed to be in Russia and is not in custody.

    In connection with the charges, the Justice Department filed today a civil forfeiture complaint against more than $24 million in cryptocurrency seized from Gallyamov over the course of the investigation. These actions are the latest step in an ongoing multinational effort by the United States, France, Germany, the Netherlands, Denmark, the United Kingdom, and Canada to combat cybercrime.

    “The criminal charges and forfeiture case announced today are part of an ongoing effort with our domestic and international law enforcement partners to identify, disrupt, and hold accountable cybercriminals,” said United States Attorney Bill Essayli for the Central District of California. “The forfeiture action against more than $24 million in virtual assets also demonstrates the Justice Department’s commitment to seizing ill-gotten assets from criminals in order to ultimately compensate victims.”

    “Today’s announcement of the Justice Department’s latest actions to counter the Qakbot malware scheme sends a clear message to the cybercrime community,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “We will not stop holding cybercriminals accountable, even over a course of years, and we will use every legal tool at our disposal to identify you, charge you, forfeit your ill-gotten gains, and disrupt your criminal activity.”

    “Mr. Gallyamov’s bot network was crippled by the talented men and women of the FBI and our international partners in 2023, but he brazenly continued to deploy alternative methods to make his malware available to criminal cyber gangs conducting ransomware attacks against innocent victims globally,” said Akil Davis, the Assistant Director in Charge of the FBI’s Los Angeles Field Office. “The charges announced today exemplify the FBI’s commitment to relentlessly hold accountable individuals who target Americans and demand ransom, even when they live halfway across the world.”

    According to the indictment, Gallyamov developed, deployed, and controlled the Qakbot malware beginning in 2008. From 2019 onward, Gallyamov allegedly used the Qakbot botnet to infect thousands of victim computers around the world to establish a network or “botnet” of infected computers. Once Gallyamov gained access to victim computers, he provided access to co-conspirators who infected the computers with ransomware, including Prolock, Dopplepaymer, Egregor, REvil, Conti, Name Locker, Black Basta, and Cactus. Gallyamov was paid a portion of the ransoms received from ransomware victims.

    The announcement of charges today is the latest step taken by the Justice Department against the Qakbot conspiracy. In August 2023, a U.S.-led multinational operation disrupted the Qakbot botnet and malware. At that time, the Justice Department announced the seizure of illicit proceeds from Gallyamov, including more than 170 bitcoin and more than $4 million of USDT and USDC tokens.

    According to the indictment, after the disruption and takedown of the Qakbot botnet, Gallyamov and his co-conspirators continued their criminal activities. Instead of a botnet, they allegedly used different tactics, including “spam bomb” attacks on victim companies, where co-conspirators would trick employees at those victim companies into granting access to computer systems. The indictment alleges that Gallyamov orchestrated spam bomb attacks against victims in the United States as recently as January 2025. It also alleges that Gallyamov and his co-conspirators deployed Black Basta and Cactus ransomware on victim computers.

    On April 25, pursuant to a seizure warrant, the FBI seized additional illicit proceeds from Gallyamov, including more than 30 bitcoin and more than $700,000 of USDT tokens. Today, the Department filed a civil forfeiture complaint in the Central District of California against all the illicit proceeds seized from Gallyamov – worth more than $24 million as of today – to forfeit and ultimately return those funds to victims.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    If convicted, Gallyamov would face a statutory maximum sentence of 25 years in federal prison.

    The investigation of Gallyamov was led by the FBI’s Los Angeles Field Office, which worked closely with investigators from Germany’s Bundeskriminalamt (BKA), the Netherlands National Police, the French Police Cybercrime Central Bureau, and Europol. The Justice Department’s Office of International Affairs and the FBI Milwaukee Field Office provided significant assistance.

    The case against Gallyamov is being prosecuted by Assistant United States Attorneys Khaldoun Shobaki and Lauren Restrepo of the Cyber and Intellectual Property Crimes Section, and the Criminal Division’s Computer Crime and Intellectual Property Section (CCIPS) Senior Counsel Jessica Peck. Assistant United States Attorney James Dochterman of the Asset Forfeiture and Recovery Section is prosecuting the forfeiture case.

    These law enforcement actions were taken in conjunction with Operation Endgame, an ongoing, coordinated effort among international law enforcement agencies aimed at dismantling and prosecuting cybercriminal organizations around the world.

    Resources for victims can be found on the following website, which will be updated as additional information becomes available: Qakbot Resources.

    MIL Security OSI –

  • MIL-OSI Security: Sixteen Defendants Federally Charged in Connection with DanaBot Malware Scheme That Infected Computers Worldwide

    Source: US FBI

    LOS ANGELES – A federal grand jury indictment and criminal complaint unsealed today charge 16 defendants who allegedly developed and deployed the DanaBot malware which a Russia-based cybercrime organization controlled and deployed, infecting more than 300,000 victim computers around the world, facilitated fraud and ransomware, and caused at least $50 million in damage.

    The defendants include Aleksandr Stepanov, 39, a.k.a. “JimmBee,” and Artem Aleksandrovich Kalinkin, 34, a.k.a. “Onix”, both of Novosibirsk, Russia. Stepanov was charged with conspiracy, conspiracy to commit wire fraud and bank fraud, aggravated identity theft, unauthorized access to a protected computer to obtain information, unauthorized impairment of a protected computer, wiretapping, and use of an intercepted communication.

    Kalinkin was charged with conspiracy to gain unauthorized access to a computer to obtain information, to gain unauthorized access to a computer to defraud, and to commit unauthorized impairment of a protected computer. Both defendants are believed to be in Russia and are not in custody.

    According to the indictment and complaint, DanaBot malware used a variety of methods to infect victim computers, including spam email messages containing malicious attachments or hyperlinks. Victim computers infected with DanaBot malware became part of a botnet (a network of compromised computers), enabling the operators and users of the botnet to remotely control the infected computers in a coordinated manner. The owners and operators of the victim computers are typically unaware of the infection.

    The DanaBot malware allegedly operated on a malware-as-a-service model, with the administrators leasing access to the botnet and support tools to client coconspirators for a fee that was typically several thousand dollars a month. The DanaBot malware was multi-featured and had extensive capabilities to exploit victim computers. It could be used to steal data from victim computers, and to hijack banking sessions, steal device information, user browsing histories, stored account credentials, and virtual currency wallet information.

    DanaBot also had the capability to provide full remote access to victim computers, to record keystrokes, and record videos showing the activity of users on victim computers. DanaBot has further been used as an initial means of infection for other forms of malware, including ransomware. The DanaBot malware has infected over 300,000 computers around the world, and caused damage estimated to exceed $50 million.

    DanaBot administrators operated a second version of the botnet that was used to target victim computers in military, diplomatic, government, and related entities. This version of the botnet recorded all interactions with the computer and sent stolen data to a different server than the fraud-oriented version of DanaBot. This variant was allegedly used to target diplomats, law enforcement personnel, and members of the military in North America, and Europe.

    “Pervasive malware like DanaBot harms hundreds of thousands of victims around the world, including sensitive military, diplomatic, and government entities, and causes many millions of dollars in losses,” said United States Attorney Bill Essayli for the Central District of California. “The charges and actions announced today demonstrate our commitment to eradicating the largest threats to global cybersecurity and pursuing the most malicious cyber actors, wherever they are located.”   

    “The enforcement actions announced today, made possible by enduring law enforcement and industry partnerships across the globe, disrupted a significant cyber threat group, who were profiting from the theft of victim data and the targeting of sensitive networks,” said Special Agent in Charge Kenneth DeChellis of the Department of Defense Office of Inspector General, Defense Criminal Investigative Service (DCIS), Cyber Field Office. “The DanaBot malware was a clear threat to the Department of Defense and our partners. DCIS will vigorously defend our infrastructure, personnel, and intellectual property.”

    “Today’s announcement represents a significant step forward in the FBI’s ongoing efforts to disrupt and dismantle the cyber-criminal ecosystem that wreaks havoc on global digital security,” said Special Agent in Charge Rebecca Day of the FBI Anchorage Field Office. “We are grateful for the coordinated efforts of our domestic and international law enforcement partners in holding cyber criminals accountable, no matter where they operate.”

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    If convicted, Kalinkin would face a statutory maximum sentence of 72 years in federal prison, and Stepanov would face a statutory maximum sentence of five years in federal prison.

    As part of today’s operation, Defense Criminal Investigative Service (DCIS) agents effected seizures and takedowns of DanaBot command and control servers, including dozens of virtual servers hosted in the United States. The U.S. government is now working with partners including the Shadowserver Foundation to notify DanaBot victims and help remediate infections.

    These law enforcement actions were taken in conjunction with Operation Endgame, an ongoing, coordinated effort among international law enforcement agencies aimed at dismantling and prosecuting cybercriminal organizations around the world.

    Amazon, Crowdstrike, ESET, Flashpoint, Google, Intel 471, Lumen, PayPal, Proofpoint, Spycloud, Team CYMRU, and ZScaler provided valuable assistance.

    The investigation into DanaBot was led by the FBI’s Anchorage Field Office and the Defense Criminal Investigative Service, working closely with Germany’s Bundeskriminalamt (BKA), the Netherlands National Police, and the Australian Federal Police. The Justice Department’s Office of International Affairs provided significant assistance.

    Assistant United States Attorney Aaron Frumkin of the Cyber and Intellectual Property Crimes Section is prosecuting these cases. Assistant United States Attorney James E. Dochterman of the Asset Forfeiture and Recovery Section is handling the forfeiture case.

    MIL Security OSI –

  • MIL-OSI Global: The debate over genocide claims in relation to Gaza intensifies

    Source: The Conversation – UK – By Jonathan Este, Senior International Affairs Editor, Associate Editor

    In the past few days, discussion around whether Israel is committing acts of genocide in Gaza has intensified. On May 28 The Guardian reported that “380 writers and groups” had signed an open letter calling Israel’s military campaign in Gaza “genocide”. The letter reads, in part:

    The use of the words ‘genocide’ or ‘acts of genocide’ to describe what is happening in Gaza is no longer debated by international legal experts or human rights organizations.

    This followed news of a letter to the UK prime minister, Keir Starmer, signed by more than 800 lawyers, including former supreme court justices, calling on the prime minister to impose sanctions on the Israeli government.

    “There is mounting evidence of genocide, which is either being perpetrated or at a minimum at serious risk of occurring,” the letter stated, adding that a recent statement from Israel’s finance minister Belazel Smotrich that the Israel Defense Forces would “wipe out” what remains of Palestinian Gaza was an indication of genocidal intent.

    One of the signatories was Professor Guy Goodwin-Gill, a senior research fellow at All Souls College, Oxford, who has a track record of expertise in international humanitarian law. The Conversation spoke with him to discuss the issue. He said:

    There is no doubt in my mind that war crimes have been committed and although genocide is basically an extreme form of war crime, it can be notoriously difficult to establish intent to destroy a people, in part or in whole.

    The task of proving genocide is hard enough, but [in this case] the evidence can be gathered from the facts on the ground – they speak for themselves. And intent can be inferred from what politicians and officials actually say, especially when it is not denied or qualified.

    Sign up to receive our weekly World Affairs Briefing newsletter from The Conversation UK. Every Thursday we’ll bring you expert analysis of the big stories in international relations.

    But he said he had “reservations about whether, at an inter-state level, a charge of genocide would be levelled against Israel by more than a few states. And if it succeeded, the legal and political consequences.”

    But individual prosecutions for war crimes and genocide are “always a distinct possibility,” he added.

    In fact, the crime of genocide has only been recognised on a handful of occasions since it was first established in 1948. James Sweeney, an expert in international law from Lancaster University has written a brief history of genocide.



    Read more:
    Why have so few atrocities ever been recognised as genocide?

    Meanwhile, in the West Bank city of Jenin, IDF forces sparked international outrage when they fired “warning shots” closer to a group of 25 diplomats on a fact-finding visit in the wake of an Israeli military offensive there.

    Andrew Forde, an expert in international humanitarian law at Dublin City University, considers that this act “crossed the Rubicon”, which is the convention, universally accepted over millennia, of the inviolability of diplomats and their staff. It’s a clear breach, he writes of article 29 of the Vienna convention on diplomatic relations, to which Israel is a signatory, which states that the host state “shall take all appropriate steps to prevent any attack on [their] person, freedom or dignity”.

    Israel responded by offering an apology, but claimed that the diplomats in question had “deviated from the approved route” by entering a restricted area”.

    The incident forced the group of diplomats to scramble for cover and hindered their work in Jenin, Forde writes. As such it is a flagrant breach of Israel’s duty of care. And it sets a dangerous precedent: “Diplomatic protections work effectively when they are reciprocal. Without trust, the system quickly unravels.”



    Read more:
    IDF firing ‘warning shots’ near diplomats sets an unacceptable precedent in international relations

    Israel’s campaign in Gaza is a factor in a hugely complex situation being played out at present in the Middle East, which is straining the relationship between Benjamin Netanyahu and Donald Trump. The US president is talking up the idea of signing a new nuclear deal with Iran to replace the one he withdrew from in 2018. The Israeli prime minister is bitterly opposed to an US-Iran deal and has proposed launching strikes against Iran’s nuclear installations. The pair reportedly clashed over the issue in a phone call this week.

    But Trump recently returned from a trip to the Gulf States, none of which want the sort of regional conflagration that Israeli strikes on Iran could cause. And, as Scott Lucas of University College Dublin writes, he is also very keen to burnish his credentials as a dealmaker, especially in light of his failure to bring the Ukraine war to a close within 24 hours and the failure of the ceasefire in Gaza for which he has claimed much of the credit.

    As Lucas writes, “even as Trump does what he wants over Iran to Netanyahu’s chagrin, the Israeli prime minister is finding that Trump is not restricting what he does closer to home in Gaza”.



    Read more:
    Why are the US and Israel not on the same page over how to deal with Iran? Expert Q&A

    Ukraine: as the US falters, Germany steps up

    Volodymr Zelensky flew to Berlin this week where he met the German chancellor Friedrich Merz, who said Germany would work with Ukraine to develop long-range missiles to attack targets inside Russia. It’s part of an overall plan to expand Germany’s military into the “strongest conventional army in Europe”.

    Stefan Wolff believes Germany’s decision to step up both its military capabilities and its support for Ukraine is highly significant when considered in the context of Donald Trump’s recent threats to abandon his efforts to broker a peace deal between Moscow and Kyiv.

    Wolff, an expert in international security from the University of Birmingham, who has written regularly for The Conversation about the war in Ukraine, says here that “Berlin has the financial muscle and the technological and industrial potential to make Europe more of a peer to the US when it comes to defence spending and burden sharing.” Given the US decision to downscale its security presence in Europe, this could be of enormous consequence for Nato, he writes.



    Read more:
    Germany steps up to replace ‘unreliable’ US as guarantor of European security

    This is also an important development coming, as it does, just a few weeks before Nato’s summit in The Hague on June 24-25. As Amelia Hadfield writes, most of Nato’s members will be only too aware of Trump’s disparagement of Nato and many of its members in recent times and will be considering the potential for a future without US leadership.

    Hadfield, the head of the department of politics at the University of Surrey, notes the irony of Washington calling on the European Nato members to pay more for their own defence. Over much of the lifetime of the alliance, she writes, the US has actively discouraged European defence autonomy. Now, she says, the focus of Nato’s 31 other members must be to prepare for the likelihood that the US plans to at least significantly reduce its support for the alliance in Europe. “A clear mandate is needed, to ensure that being US-less does not render Nato itself useless,” she writes.

    This is already starting to happen, as countries join the “coalition of the willing” spearheaded by Britain and France. But Hadfield believes that boosting European capabilities within Nato is the most sensible way forward and should be the focus of next month’s summit.



    Read more:
    Nato faces a make-or-break decision about how to protect Europe and its future in next few weeks

    A lesson from history

    Donald Trump’s on again off-again relationship with Vladimir Putin is confusing enough for casual followers of world affairs. It must present a considerable headache for the foreign ministers and other diplomats tasked with calibrating their policies around the US stance on Russian aggression.

    But history suggests that the US president’s apparent willingness to allow Russia to grab Ukrainian territory in direct contravention of international law is storing up trouble for the future, writes Tim Luckhurst.

    Luckhurst is the principal of South College, Durham University, and has made a study of the way some governments were happy to allow Hitler to get away with naked aggression in the run-up to the second world war. He sees direct parallels with the way Trump and his senior officials have proposed allowing Putin to have his way with the Crimea and the four provinces of Ukraine which Russia already occupies.

    “Chamberlain’s version of appeasement failed to prevent Adolf Hitler’s aggression in the 20th century,” he writes. “Trump’s version appears equally incapable of deterring Vladimir Putin’s territorial ambitions in the 21st.”



    Read more:
    History shows that Donald Trump is making a serious error in appeasing Vladimir Putin

    World Affairs Briefing from The Conversation UK is available as a weekly email newsletter. Click here to get updates directly in your inbox.

    – ref. The debate over genocide claims in relation to Gaza intensifies – https://theconversation.com/the-debate-over-genocide-claims-in-relation-to-gaza-intensifies-257847

    MIL OSI – Global Reports –

  • MIL-OSI USA: Building on Previous Success Bringing Investments Home to Illinois, Duckworth Returns to Taiwan to Help Bring Jobs to our State

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth

    May 29, 2025

    [TAIPEI, TAIWAN] – U.S. Senator Tammy Duckworth (D-IL) traveled to Taiwan this week to underscore Illinois’s preparedness for additional international investments similar to those she’s already successfully secured in her previous international travels. On this trip, Duckworth met with the Island’s representatives, economic leaders and corporate and business leaders to highlight how Illinois is an ideal location for Taiwanese business expansion. Photos from Taiwan are available on the Senator’s website.

    “In Taiwan this week I’m continuing my work of championing Illinois abroad,” Duckworth said. “Illinois is ideally situated for greater investment from international business—we’re already a hub of agriculture, manufacturing and transportation, and in the coming years we’re going to be a national and international leader for quantum technology. As I’ve traveled across Asia and Europe, I’m proud I’ve been successful in promoting Illinois on a global level and bringing home investment, and I hope to continue that success after this trip.”

    During Duckworth’s visit she met with Hon Hai Research Institute, the research division of the microelectronics manufacturer, which recently visited Chicago to learn more about Illinois’s growing quantum and microelectronics industry. Duckworth also met with leaders including President Lai Ching-te, Vice President Hsiao Bi-Khim, Foreign Minister Lin Chia-lung, Defense Minister Wellington Koo and National Security Council Secretary-General Joseph Wu.

    As a member of the U.S. Senate Foreign Relations Committee, Duckworth has extensively championed Illinois abroad. In Taiwan previously she helped secure a commitment from Taiwan to purchase an estimated $2.6 billion of Illinois’s corn and soybeans, and following an official visit to Japan, Japan announced a regulatory change that will lead to an increase in imports from U.S. biofuel producers, supporting our farmers and growing Illinois’s economy. Since becoming a member of SFRC Duckworth has also traveled to Laos and Vietnam, Sweden and the Netherlands, Romania and the United Kingdom and the Philippines, Indonesia and Thailand.

    Following her meetings in Taiwan, Duckworth is now continuing onto Singapore for this year’s Shangri-la Dialogue.

    -30-

    MIL OSI USA News –

  • MIL-OSI Europe: NOTICE OF JOB OPENING

    Source: Government of Greece
    The Consulate General of Greece in Tampa has a job opening for one (1) position of Secretary/Assistant to the Consul General with a limited time contract.The candidates should be between the ages of 21 and 63, reside permanently in the United States, and be fluent in speaking and writing both Greek and English languages, as well as PC word processing. All candidates will be subject to criminal background check. All Greek male candidates must have fulfilled in addition their military obligations or have obtained a legal exemption from the Greek army.The candidates should forward electronically at grcongen.tam@mfa.gr their CV to their…

    MIL OSI Europe News –

  • MIL-OSI Europe: Kazakhstan to get EIB Global support for energy-efficient homes

    Source: European Investment Bank

    EIB

    • EIB Global and Kazakhstan Housing Company sign accord to promote energy-efficient homes in country.
    • Agreement comes in wake of first EU-Central Asia summit. 
    • The company will also benefit from technical assistance provided under the joint EIB and GIZ initiative, FELICITY II. 

    The European Investment Bank’s development arm (EIB Global) and state-owned Kazakhstan Housing Company JSC are teaming up to increase the number of energy-efficient and sustainable homes in Kazakhstan.

    EIB Vice-President Kyriacos Kakouris and Altay Kuzdibayev, chairman of the management board of Kazakhstan Housing Company, signed a memorandum of understanding today in the Kazakh capital Astana for financing to build energy-efficient homes.    

    “We will work closely with Kazakhstan Housing Company to explore financing opportunities for housing projects that meet high energy-efficiency standards,” said EIB Vice-President Kakouris. “The agreement reflects a commitment by the European Union and the bank to deepening our strategic partnership with central Asia. Contributing to the sustainable future of the region through initiatives like this one is a high priority for us.”

    This new accord is part of an initiative – FELICITY II Cities Advisory Facility – undertaken jointly by the EIB and German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). The initiative is supported by the International Climate Initiative (IKI) of the Federal Ministry for Economic Affairs and Climate Action of Germany to support low-carbon investments in countries in eastern Europe and central Asia.  

    “Improving people’s quality of life and developing a modern, comfortable urban environment are the key priorities of Kazakhstan Housing Company. Signing a memorandum with EIB Global is an important step in the implementation of long-term international cooperation initiatives that are in line with both national priorities and global climate challenges. We are confident that this partnership will contribute to the formation of a new standard of housing and the development of sustainable and energy efficient housing projects in Kazakhstan,” said Kazakhstan Housing Company Management Board Chairman Kuzdibayev.

    The memorandum of understanding builds on the first EU-Central Asia summit held in April 2025, when government leaders pledged to strengthen ties between the two regions. During the summit, EIB Global announced plans to expand its strategic investments in sustainable development across central Asia.

    GIZ, which was represented at today’s signing event in Astana, , in cooperation with the German Energy Agency (dena) will offer technical assistance to Kazakhstan Housing Company under FELICITY II.

    Cooperation between the EIB and Kazakhstan Housing Company creates a real opportunity to accelerate the low-carbon transformation of Kazakhstan’s building sector, which accounts for a third of the country’s energy use,” said GIZ Project Director André Fabian. “It will also stimulate the market for energy-efficient construction and foster the uptake of innovative technologies and services.” The signing took place during the Astana International Forum, an annual conference that promotes global dialogue and attracts leaders of governments, international organisations, businesses and academic institutions. At the Forum, EIB Vice-President Kakouris participated in panel discussions on water security, global trade and climate action.

    Background information

    About EIB Global

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by the Member States. It finances investments that pursue EU policy objectives.

    EIB Global is the EIB Group’s specialised arm devoted to increasing the impact of international partnerships and development finance, and a key partner of Global Gateway. It aims to support €100 billion of investment by the end of 2027 – around one-third of the overall target of this EU initiative. Within Team Europe, EIB Global fosters strong, focused partnerships alongside fellow development finance institutions and civil society. EIB Global brings the EIB Group closer to people, companies and institutions through its offices across the world.

    Photos of EIB headquarters for media use are available here

    Kazakhstan to get EIB Global support for energy-efficient homes
    Kazakhstan to get EIB Global support for energy-efficient homes
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    Kazakhstan to get EIB Global support for energy-efficient homes
    Kazakhstan to get EIB Global support for energy-efficient homes
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    Kazakhstan to get EIB Global support for energy-efficient homes
    Kazakhstan to get EIB Global support for energy-efficient homes
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    MIL OSI Europe News –

  • MIL-OSI United Nations: Portuguese cities advance MCR2030 commitments at 12th National Resilience Meeting

    Source: UNISDR Disaster Risk Reduction

    From 21 to 23 May 2025, the municipalities of Funchal, Machico, and Ponta do Sol hosted the 12th edition of the National Meeting of Resilient Cities and Towns — a key event under the Making Cities Resilient 2030 (MCR2030) initiative.
    Bringing together more than 120 participants representing 38 Portuguese cities, along with international delegations from Brazil and Greece, the meeting served as a vital platform for local authorities, civil protection professionals, international partners, and resilience experts to exchange knowledge and reinforce collective action toward urban resilience.

    The three-day program featured thematic panels, roundtables, technical field visits, and strategic dialogue. Topics included:

    • Artificial Intelligence for Disaster Risk Reduction
    • Resilience in urban and tourism contexts
    • Risk communication strategies
    • International cooperation for disaster mitigation
       

    One of the key moments of the event was the certificate ceremony during the opening session, where several new Portuguese cities were officially recognized and awarded by UNDRR for joining the MCR2030 initiative. This growing network of engaged municipalities reflects Portugal’s continued leadership in promoting disaster resilience at the local level.

    UNDRR joined the meeting to support dialogue on urban resilience with Ms. Yigyeong Oh, Regional focal point for MCR2030 at UNDRR Regional Office for Europe and Central Asia, delivering remarks and engaging in discussions on local risk governance and multi-level coordination.

    “Portugal has consistently demonstrated strong leadership within the MCR2030 global network. With two MCR2030 Resilience Hubs and an actively growing number of committed cities, it offers a model for peer learning and local action,” said Ms. Oh of UNDRR.

    This event reaffirmed the commitment of Portuguese cities to building safer, more resilient communities through knowledge-sharing and collective action. It also highlighted Portugal’s continued efforts to align local resilience strategies with the Sendai Framework for Disaster Risk Reduction 2015-2030 and the 2030 Agenda for Sustainable Development.

    About MCR2030

    MCR2030 is a ‘who’s who’ of international partners with unmatched expertise and experience in supporting urban resilience. The partnership has 35 MCR2030 Resilience Hubs globally, recognized global leaders in urban resilience that are increasingly active in terms of capacity-building support to other local governments. Portugal has been a champion in the MCR2030 network with two Resilience Hubs and 82 cities as of 28 May 2025.

    MIL OSI United Nations News –

  • MIL-OSI United Nations: Sarh hosts landmark workshop on urban risk-Informed development and resilience

    Source: UNISDR Disaster Risk Reduction

    Sarh, a major city in southern Chad along the Chari River, faces frequent flooding due to its tropical climate, long rainy season, poor infrastructure, and rapid urban growth.  To address these challenges, the city of Sarh hosted, from 7 to 9 April 2025, a high-level workshop on urban development planning based on disaster risk reduction (DRR) and climate resilience, under the Making Cities Resilient 2030 (MCR2030) initiative. 

    Opening the event, His Excellency Abdramane Hamat Bargou, Government Delegate of the Province of Moyen-Chari, called attention to the impact of climate change on Sarh, a city increasingly vulnerable to floods. He praised the city’s commitment to aligning development planning with disaster risk reduction and adaptation efforts. 

    A collaborative effort for a safer Sarh 

    The workshop demonstrated strong political support and highlighted the importance of multilevel governance. City officials, provincial leadership, national institutions, regional organizations, including Economic Community of Central African States (ECCAS), came together to jointly assess disaster risks, identify priorities, and co-create solutions tailored to Sarh’s context.

    “The Ministry is fully committed to supporting cities like Sarh in developing and operationalizing their disaster risk reduction plans. Strengthening local governance structures and ensuring that DRR is mainstreamed into local development planning is a national priority. We will work to replicate the example of Sarh to other municipalities across Chad.” Mr Hassan Abdoulaye Mahamat, Director Risk Prevention, Ministry of Territorial Administration and Decentralization, Republic of Chad

    The participation of the city of Bukavu, Democratic Republic of Congo, which developed its Action Plan last year, further deepened the workshop’s impact. The representative shared their experience and lessons learned on challenges also faced by Sarh offering a powerful example of peer learning and South-South cooperation.  

    Sarh sets a model for urban resilience

    Reflecting on the exercise, Honourable Ramadan Boka, Mayor of Sarh, stated: 

    “The Disaster Resilience Scorecard exercise was a real eye-opener. The tool sparked real conversations between sectors that don’t always sit at the same table. It’s not just an assessment—it’s a starting point for collective action.”

    Sarh’s commitment to embedding DRR into governance and planning makes it the first city in Chad to both establish a multisectoral DRR committee and join the global MCR2030 network. “Sarh is leading by example. What we’ve seen here is not just planning—it is transformation in motion,” said Mr Semingar Ngaryamngaye, Director Disaster Risk Reduction at ECCAS. 

    The city now serves as a reference point for others across Central Africa on the journey to resilient, inclusive, and sustainable urban futures. 

    Honourable Djime Ngandéré Member of Parliament added: 

    “Our earlier engagement in an MCR2030 regional training laid the foundation for this initiative. That experience gave us the tools and vision to launch Sarh’s resilience journey.” 

    As a result, the Multisectoral Committee for Disaster Risk Reduction is now tasked with finalizing the Action Plan developed during the workshop and laying the groundwork for its implementation.

    The workshop was organized by UNDRR in collaboration with the City of Sarh, Ministry of Administration, Territorial and Decentralization, and ECCAS, and through the financial support of the Federal Ministry for Economic Cooperation and Development of Germany (BMZ), through the GIZ Resilience Initiative Africa Project implemented by UNDRR Regional Office for Africa.  

    MIL OSI United Nations News –