NewzIntel.com

    • Checkout Page
    • Contact Us
    • Default Redirect Page
    • Frontpage
    • Home-2
    • Home-3
    • Lost Password
    • Member Login
    • Member LogOut
    • Member TOS Page
    • My Account
    • NewzIntel Alert Control-Panel
    • NewzIntel Latest Reports
    • Post Views Counter
    • Privacy Policy
    • Public Individual Page
    • Register
    • Subscription Plan
    • Thank You Page

Category: Eurozone

  • MIL-OSI: Soitec announces appointment of new Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    Soitec announces appointment of new Chief Financial Officer

    Bernin (France), May 27, 2025 – Soitec (Euronext – Tech Leaders), a world leader in the design and production of innovative semiconductor materials, is pleased to announce the appointment of Albin Jacquemont as its new Chief Financial Officer (CFO), effective today.

    Albin Jacquemont brings over 30 years of international experience in financial leadership, strategic planning, and corporate governance. His career spans listed and private equity-backed industrial and technology companies, including Inetum, Saur, Altran Technologies, Darty, and Carrefour. Throughout his tenure in these organizations, he has led major financial transformations and delivered significant value through operational performance improvement, cash-flow optimization and M&A execution.

    In his new role, Albin Jacquemont will be responsible for all finance-related matters at Group level. He will play a pivotal role in reinforcing Soitec’s financial and operational foundations and supporting the company’s next phase of sustainable growth and value creation.

    He succeeds Léa Alzingre, who will be stepping down to pursue new professional opportunities, having supported Soitec’s growth over the past six years.

    “We are delighted to welcome Albin Jacquemont to Soitec’s Executive Committee. His extensive experience across complex industrial and technology environments, combined with his proven track record in financial transformation and value creation, will be instrumental as we continue to scale globally. I am confident that his leadership will strengthen our financial strategy and support the acceleration of our sustainable growth ambitions. I would also like to warmly thank Léa Alzingre for her strong commitment and valuable contributions to Soitec’s development during her tenure”, commented Pierre Barnabé, Soitec’s CEO.

    “I am honored and excited to join Soitec’s Executive Committee, a global leader in innovative semiconductor materials. After a career spanning over three decades in senior financial leadership roles across Europe, the U.S., and emerging markets — including listed groups and private equity-owned companies — I look forward to bringing my experience to support Soitec’s global ambitions and pioneering technologies”, Albin Jacquemont stated.

    *****

    About Soitec

    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 0.9 billion Euros in fiscal year 2024-2025. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI. The company relies on the talent and diversity of its 2,300 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Soitec has registered over 4,000 patents.

    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.

    For more information: https://www.soitec.com/en/ and follow us on LinkedIn and X: @Soitec_Official

    *****

    Media Relations: media@soitec.com

    Investor Relations: investors@soitec.com

    Attachment

    • 20250527_Soitec announces appointment of new Chief Financial Officer

    The MIL Network –

    May 28, 2025
  • MIL-OSI: Amendment to Euronext’s liquidity contract

    Source: GlobeNewswire (MIL-OSI)

    Amendment to Euronext’s liquidity contract        

    Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 27 May 2025 – Euronext N.V. today signed an amendment to the liquidity contract entered into with Rothschild Martin Maurel on 7 February 2018, in accordance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014, Commission Delegated Regulation (EU) 2016/908 of 26 February 2016, Articles L. 225-209 et seq. of the French Commercial Code, AMF Decision No. 2018-01 of 2 July 2018 (the AMF Decision) and the provisions referred to therein.

    Under this amendment, the amount allocated to the liquidity account was increased by 4,500,000 euros (four million five hundred thousand euros).

    CONTACTS  

    ANALYSTS & INVESTORS – ir@euronext.com

    Investor Relations        Aurélie Cohen                 

            Judith Stein        +33 6 15 23 91 97          

    MEDIA – mediateam@euronext.com 

    Europe        Aurélie Cohen         +33 1 70 48 24 45   

            Andrea Monzani         +39 02 72 42 62 13 

    Belgium        Marianne Aalders         +32 26 20 15 01                 

    France, Corporate        Flavio Bornancin-Tomasella        +33 1 70 48 24 45                 

    Ireland        Catalina Augspach        +33 6 82 09 99 70                

    Italy         Ester Russom         +39 02 72 42 67 56                 

    The Netherlands        Marianne Aalders         +31 20 721 41 33                 

    Norway         Cathrine Lorvik Segerlund        +47 41 69 59 10                 

    Portugal         Sandra Machado        +351 91 777 68 97                                 

    About Euronext  

    Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal.

    As of March 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal host nearly 1,800 listed issuers with €6.3 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.

    For the latest news, go to euronext.com or follow us on X and LinkedIn.

    Disclaimer

    This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at www.euronext.com/terms-use.

    © 2025, Euronext N.V. – All rights reserved. 

    The Euronext Group processes your personal data in order to provide you with information about Euronext (the “Purpose”). With regard to the processing of this personal data, Euronext will comply with its obligations under Regulation (EU) 2016/679 of the European Parliament and Council of 27 April 2016 (General Data Protection Regulation, “GDPR”), and any applicable national laws, rules and regulations implementing the GDPR, as provided in its privacy statement available at: www.euronext.com/privacy-policy. In accordance with the applicable legislation you have rights with regard to the processing of your personal data: for more information on your rights, please refer to: www.euronext.com/data_subjects_rights_request_information. To make a request regarding the processing of your data or to unsubscribe from this press release service, please use our data subject request form at connect2.euronext.com/form/data-subjects-rights-request or email our Data Protection Officer at dpo@euronext.com.

    Attachment

    • 20250527 – Amendment to Euronext’s liquidity contract

    The MIL Network –

    May 28, 2025
  • MIL-OSI United Kingdom: British Ambassador opens the residence for Luxembourg Urban Garden

    Source: United Kingdom – Executive Government & Departments

    World news story

    British Ambassador opens the residence for Luxembourg Urban Garden

    As part of the Luxembourg Urban Garden (LUGA) exhibition, Ambassador Olivier is opening the garden of her official residence to the public for a one-day event.

    As part of the Luxembourg Urban Garden (LUGA) exhibition, British Ambassador Joanne Olivier is opening the garden of her official residence to the public for a one-day event.

    On Thursday 5 June, visitors will have the rare chance to explore a garden that offers one of the most beautiful and unique views over the Pétrusse valley, home to several LUGA installations.

    The visit will focus on sustainability and biodiversity, with guided tours led by the eco agents from St George’s International School. These students, from both Primary and Secondary, will highlight the garden’s green features and showcase their own sustainability projects.

    Entry is free but places are limited, and each guest must register individually here: https://bit.ly/BritishEmbassyLUGA

    Don’t miss this rare opportunity to discover a peaceful, tucked-away corner of Luxembourg City and see it through the eyes of the next generation of environmental leaders.

    Share this page

    The following links open in a new tab

    • Share on Facebook (opens in new tab)
    • Share on Twitter (opens in new tab)

    Updates to this page

    Published 27 May 2025

    MIL OSI United Kingdom –

    May 28, 2025
  • MIL-OSI Russia: Since the beginning of 2025, over 3 thousand freight trains have passed through the Alashankou border crossing

    Translation. Region: Russian Federal

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

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

    URUMQI, May 27 (Xinhua) — More than 3,000 crossings of China-Europe/Central Asia freight trains have been recorded at the Alashankou railway checkpoint on the China-Kazakhstan border since the beginning of 2025 as of May 26, according to the railway department of northwest China’s Xinjiang Uygur Autonomous Region.

    According to the checkpoint data, during the current year, the average daily volume of freight train crossings through Alashankou was maintained at over 21, with the maximum value being 30.

    Currently, 123 freight routes between China and Europe/Central Asia pass through Alashankou, reaching Germany, Poland and 19 other countries. They carry more than 200 types of goods, including new energy vehicles, mechanical components, electronic products and daily necessities.

    There are two railway checkpoints in Xinjiang, Alashankou and Khorgos. As the Belt and Road Initiative is being implemented in depth, Xinjiang has been steadily increasing the capacity of goods to pass through the checkpoints, with the aim of turning the autonomous region into a “golden transport corridor” in Eurasia and a springboard for China’s westward-oriented opening-up. Currently, Xinjiang’s railway checkpoints account for more than half of the train entries and exits recorded nationwide in China-Europe/Central Asia cross-border railway freight traffic. -0-

    MIL OSI Russia News –

    May 28, 2025
  • MIL-OSI Russia: “It’s a great joy to be able to discuss your scientific ideas with interested people.”

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    Created in Nizhny Novgorod campus of HSE International Laboratory of Dynamic Systems and Applications conducts deep theoretical research and applied studies, including the study of ocean waves, solar corona reconnections, volcanic phenomena and ship stability. Its scientists, who have won more than 20 significant scientific grants over the past 5 years, actively collaborate with Russian and foreign colleagues from China, Spain, the USA, Great Britain, Brazil and other countries. The Vyshka.Glavnoe news service spoke with its head, Professor Olga Pochinka, about the work of the laboratory.

    — When was the laboratory created?

    — Let’s start with 2014, when colleagues from the Mathematics Department of the Moscow HSE suggested creating a department on the Nizhny Novgorod campus, and we were fired up by the idea. Together with five colleagues, we moved from the Nizhny Novgorod State University to the HSE in Nizhny Novgorod, and in 2015 we opened the first intake of undergraduate students for the Mathematics educational program, a total of eight people.

    Then the recruitment began to expand, and I began inviting people from UNN. We worked as research fellows at the Laboratory of Theory and Practice of Decision Support and simultaneously taught students.

    In 2017, we separated into the Laboratory of Topological Methods of Dynamics, and in 2019, we won a mega-grant from the Government, and this was the only mega-grant in fundamental mathematics won in the Nizhny Novgorod region in the entire history of projects. Our leading scientist Dmitry Turaev is also a former Nizhny Novgorod resident, now a professor at the British Imperial College, a renowned specialist in the field of dynamic systems.

    The laboratory began to grow rapidly, and in parallel with the increase in scientific work, we also expanded our educational areas: we created a postgraduate program, a master’s program, and this year we are opening a new bachelor’s program in applied mathematics.

    — Tell us about the priority areas of the laboratory’s work.

    — Initially, our laboratory was created primarily as a center for fundamental scientific research. Mathematics is a self-sufficient science, and there are always people who are interested in learning its own laws. An equally important activity is to explain how these laws work in practice. Recently, the laboratory team has noticeably expanded with researchers actively engaged in applied developments.

    — What applied areas would you highlight?

    — We have problems that come from physics. For example, we studied the effects of reconnection in the solar corona. From the point of view of deep mathematical theory, we explained the mechanism of solar flares. If we imagine the surface of the Sun as a two-dimensional sphere, then the magnetic charges on the surface create domes that change their location depending on the configuration of the charges. When the domes collide, so-called separators appear, visually manifesting themselves in the occurrence of a solar flare. The mechanisms of dome reconnection were explained using the bifurcation of the birth of a heteroclinic curve, widely known in the theory of dynamic systems.

    We also managed to explain the pattern recognition algorithm by the existence of an energy function in a dynamic system. In general, tasks related to the construction of such functions are very important. All dynamic systems are largely dissipative, that is, they lose energy over time. We managed to establish the relationship between the energy function and the dynamics of the system. That is, a scientist, even without knowing the system, can measure the indicators of its energy function and say a lot about the dynamics of the system.

    These are just the applications I have worked with personally. But there are many employees in the lab developing other applied areas.

    Efim Pelinovsky and his student Ekaterina Didenkulova conducted a theoretical analysis of internal waves that arise in the ocean during an explosive eruption of an underwater volcano. They calculated the characteristics of the wave field for different ratios between the radius of the explosion source and the depth of the basin. And they showed that the field of internal waves has the form of frequency-modulated groups, of which the head group has the maximum amplitude. The wave of maximum height in this train arrives significantly later than the weak head wave, which makes it possible to prepare for the approach of dangerous waves.

    Ioann Melnikov studies the dynamics of waves in both linear and nonlinear weakly dispersive models. In his work with shallow water equations, there is an interesting question about finding non-reflective bottom profiles, due to which a wave can propagate freely over large distances (with conservation of energy), which is important for applications. Together with Efim Pelinovsky, he obtained a countable family of limited bottom profiles and a continuous family in the form of underwater slides. Research into weakly nonlinear and weakly dispersive models (described by Korteweg-de Vries type equations) is also aimed at finding and studying waves that propagate with a constant speed and unchanged shape (in particular, soliton solutions). In this way, a classification of soliton solution shapes was obtained in the generalized Korteweg-de Vries equation, and now the question arises of how this classification can change with a different account of nonlinearity and dispersion.

    Fedor Peplin studies computational fluid dynamics, motion dynamics and stability of high-speed vessels. New criteria for the stability of hovercraft have been obtained. A model of the dynamics of an hovercraft with flexible skegs has been constructed, allowing for the design of amphibious vehicles for use in hard-to-reach regions. Issues related to the damping of various types of high-speed vessels have been studied. Work is currently underway to obtain new, more precise criteria for the stability of promising amphibious vehicles, taking into account the design features and operating conditions of the vehicles. Methods for modeling the dynamics of flexible pneumatic structures in a fluid flow are also being developed.

    — There are several scientific groups within the laboratory, conducting research in different directions. How did you manage to unite them?

    — The forming direction is dynamic systems, but almost all phenomena in the world fall under the definition of “dynamic systems”. Thus, Natalia Stankevich uses them for research in biology and medicine, and Alexey Kazakov is engaged in numerical calculation for specific systems of differential equations describing such phenomena as turbulence, Celtic stone, Chaplygin’s top, etc.

    Under the umbrella of dynamic systems in the laboratory, specialists in such fundamental mathematical areas as algebra, geometry, topology, function theory, etc., which are not directly related to dynamic systems, also feel great. There is a very strong group of physicists involved in fluid mechanics. Often, such scientific symbiosis brings unexpected results at the junction of research areas.

    — How do you attract such diverse specialists?

    — As a rule, a young or established scientist appears in the laboratory as a participant in some won grant or project. The laboratory management does everything possible to create comfortable conditions for the employees, welcoming any creative initiative. People appreciate this and in most cases remain in the team after the end of the project, some even move to Nizhny Novgorod for permanent residence.

    Another source of promising researchers is educational activity. Since the laboratory serves several educational programs, the range of which is expanding every year, the number of professors and teachers naturally increases. Due to the presence of a scientific department, teachers have a smaller workload than in their previous places of work. The newly arrived employees are happy to devote their free time to scientific research.

    The main source of influx of personnel, of course, are students of our program “Fundamental and Applied Mathematics”.

    We try not only to attract students to scientific research, but also to track their emerging interest in a timely manner. We offer to work as an intern, some come in the first year of the bachelor’s degree. We involve them in active scientific life, grants, schools, conferences. The overwhelming majority stay in the laboratory, and this is a huge driving force

    We have now reached a staff of 60 employees, almost like a small research institute.

    — How important do you consider mentoring and personal example to be in science?

    — Extremely important. Specifically for our team, we managed to ensure the continuity of generations. In our laboratory, we have employees who are over 75–80 years old, very experienced scientists, some of whom studied with Academician Alexander Andronov, his closest associates and students. There are not so many middle-aged scientists (like me), but we managed to show young people scientists with a high academic culture, such as my scientific supervisor Vyacheslav Grines and his colleagues from the school of nonlinear oscillations.

    Let me remind you that the scientific school of nonlinear oscillations was created in Gorky (now Nizhny Novgorod) by young scientists who moved to the then closed city, headed by the future academician Alexander Andronov. A physicist by profession, he sought to describe mathematical models of physical processes and phenomena, to translate them into mathematical language. He created the radiophysics department at Gorky University, then the Institute of Applied Mathematics and Cybernetics was organized, and a scientific school was formed, known in the world as the school of dynamic systems.

    — How do you manage to find resources for research?

    — We constantly apply for grants and development programs — for established researchers, young people, external and internal to HSE. Over the past 5 years, we have won 21 grants — that’s a lot for a relatively small team. Thanks to young and experienced colleagues who go through the very labor-intensive application process. In general, the main rule of an ambitious team is to never stop at what has been achieved. Even if it seems that today you already have everything you wanted, you must constantly set new goals for yourself.

    — How was the international academic cooperation project formed and how does it work?

    — The project with Shanghai Tongji University is a joint Russian-Chinese grant, it began in 2024 and is designed for three years. The project mainly involves fundamental research in the qualitative theory of dynamic systems. We met the Chinese co-director of the project, Bin Yu, back in 2010 in France, where we worked together with world-class dynamist Christian Bonatti. To date, we have already written several joint articles.

    International scientific cooperation, exchange of ideas is always great. Our young employees went to China, and everyone really liked the atmosphere at the partner university. It is a great joy to have the opportunity to discuss your scientific ideas with interested people.

    — Do the laboratory and its staff work outside the university, implementing the educational function of HSE?

    — The annual international conference “Topological Methods in Dynamics” has been gathering like-minded scientists from all over the world within the walls of the Nizhny Novgorod HSE for 9 years now.

    This year we are holding another scientific conference dedicated to the 30th anniversary of the Nizhny Novgorod Mathematical Society, of which I am currently the president.

    For 6 years now, every March we have been holding a school for students called “Mathematical Spring”, inviting different lecturers and speakers, and judging by the students’ feedback, this is a very interesting format for them.

    For the second year in a row, we are organizing a student school at the Sirius Mathematical Center together with colleagues from Moscow State University and Moscow Institute of Physics and Technology.

    A good initiative was the holding of the All-Russian review of students’ diploma works, which will be held for the fifth time this year.

    In June-July we hold a thematic shift for schoolchildren called “Intellectual”. The children are immersed in mathematics, including applied mathematics, computer science, and artificial intelligence. It has been held for the tenth time, in recent years – in the “Salut” camp in the Nizhny Novgorod region.

    Throughout the school year, we have a “Mathematical Academy”, where schoolchildren gain their first experience working with scientific research. Our scientists generously share interesting tasks with young talents, and under their guidance, students annually become winners of the “Scientific Society of Students” research paper competition.

    I would like to emphasize once again that all this would be impossible without our youth with their energy and enthusiasm. It is great that we have them and that there are more and more of them.

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

    MIL OSI Russia News –

    May 28, 2025
  • MIL-OSI: Approved base prospectus of UAB “Atsinaujinančios energetikos investicijos”

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE IN THIS STOCK EXCHANGE RELEASE BELOW.

    On 16 May 2025 an extraordinary general meeting of shareholders of UAB “Atsinaujinančios energetikos investicijos”, the closed-end investment company intended for informed investors (hereinafter, the “Company”) approved up to EUR 100,000,000 nominal value Unsecured Fixed Rate Note Programme (hereinafter, the “Notes”). The Company has drafted the base prospectus for the Notes issued under the programme to be introduced to trading on the regulated market AB Nasdaq Vilnius Bond list (hereinafter, the “Prospectus”), which was approved by the Bank of Lithuania on 27 May 2025 (please see the attached documents).

    IMPORTANT NOTICE:

    This notification is not for distribution to United States news agencies or for dissemination in the United States, Canada, Japan or Australia or elsewhere where such dissemination is not appropriate.

    Distribution of this announcement and other information in connection with the securities may be restricted by law in certain jurisdictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

    No offer or invitation to acquire securities of the Company is being made by or in connection with this notification. The Prospectus is the only legally binding document containing information on the Company, the Notes and their admission to trading on the regulated market. The Prospectus is published on the website of the Company https://lordslb.lt/aei_green_bonds_2025/ as well as on www.nasdaqbaltic.com and www.crib.lt.

    Approval of the Prospectus shall not be understood as an endorsement of the securities admitted to trading on a regulated market. The potential investors are recommended to read the Prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the securities. Furthermore, the securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States or to US persons unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. No public offering of the securities will be made in the United States.

    Additional information:

    Mantas Auruškevičius

    Manager of the Investment Company

    mantas.auruskevicius@lordslb.lt

    Attachments:

    1. Base Prospectus
    2. Decision of the Bank of Lithuania regarding approval of the prospectus (in Lithuanian)

    Attachments

    • Base Prospectus
    • Elektroninio dokumento nuorašas

    The MIL Network –

    May 28, 2025
  • MIL-OSI United Nations: 27 May 2025 Departmental update World Health Assembly re-commits to global nutrition targets and marketing regulations

    Source: World Health Organisation

    Countries at the seventy-eighth World Health Assembly have agreed on two resolutions to extend the comprehensive implementation plan on maternal, infant and child nutrition to 2030 and to regulate the digital marketing of breast-milk substitutes.

    The extended comprehensive implementation plan, first adopted at the Sixty-Fifth World Health Assembly in 2012, builds on progress made to-date while acknowledging shortfalls and adopting new process indicators to monitor progress on areas like dietary diversity and breastfeeding. In addition, more ambitious goals were set for targets that have nearly been achieved, such as exclusive breastfeeding rates and the proportion of children who are overweight.

    The 2030 targets are:

    • 40% reduction in the number of children under 5 years of age who are stunted, compared to the 2012 baseline;
    • 50% reduction in anaemia in women of reproductive age, compared to the 2012 baseline;
    • 30% reduction in low birth weight, compared to the 2012 baseline;
    • reduce and maintain overweight in children under 5 years of age to less than 5%;
    • increase the rate of exclusive breastfeeding in the first 6 months up to at least 60%; and
    • reduce and maintain wasting in children under 5 years of age to less than 5%.

    Rather than simply extending the targets, this resolution calls for the scaled-up integration of essential nutrition action across all sectors along with capacity-building of health-care workers and fiscal policies such as the taxation of sugar-sweetened beverages. In addition, the new 2030 deadline aligns with the Sustainable Development Goals agenda while allowing for countries to respond to emerging threats such as climate change, economic crises, rising food prices and internal displacement, all of which impact nutrition. 

    “Globally in 2024, an estimated 148 million children under 5 experienced stunting, 45 million were estimated to be wasted, and 37 million children were overweight or living with obesity,” said the representative of Ireland, which proposed the resolution together with Ethiopia. “That is almost 240 million children who are being denied the chance to thrive and meet their full potential.”

    Complementing this resolution, countries also agreed to extend the provisions of the International Code of Marketing of Breast-milk Substitutes (the Code) aimed at combatting the digital marketing of formula milk and baby foods. The Code – a landmark public health agreement passed at the World Health Assembly in 1981 – aims to protect caregivers and new mothers from aggressive marketing practices by the baby food industry, which often makes misleading claims or promotes unhealthy baby foods. In recent years, new digital marketing tactics have proliferated, particularly through the use of influencers and social media channels.

    The 2025 resolution calls for more robust efforts to develop, strengthen and coordinate the regulation of digital marketing to protect infant and child health during the first 1000 days of life. It also calls on countries to invest in effective systems for monitoring and enforcement.

    “Optimal breastfeeding provides critical nutrition and limits free sugar exposure, making it a powerful [and] cost-effective intervention to reduce the lifelong risk of NCDs,” noted the representative of FDI World Dental Federation, a non-State actor in official relations with WHO. “We applaud the new operational targets, especially early breastfeeding initiation, access to counselling on infant and young child feeding, and tracking sugary drink consumption in children.”

    Malnutrition in every form presents a significant threat to human health, particularly for infants, young children and adolescents – all stages of life at which nutrition can have a lifelong impact. Together these agreements send a strong message that maternal, infant and young child nutrition must be incorporated into national health policies and plans as a top priority, and that the digital marketing of breast-milk substitutes must be regulated, monitored and enforced.

    Children are the foundation of our shared future, and these resolutions reflect a commitment to giving every child the best possible chance of realizing their full potential.

    MIL OSI United Nations News –

    May 28, 2025
  • MIL-OSI Economics: Adriana D Kugler: Commencement remarks

    Source: Bank for International Settlements

    Thank you, Stefano, and before I say anything else, congratulations to the Class of 2025!1 My family is here today, so let me acknowledge my husband Ignacio, my daughter Miri, my son Danny, and my parents who are watching from elsewhere. I start with family because I know it takes a village! So, I want to acknowledge the enormous accomplishment by the graduates and also by their families and friends who supported them through this journey. Let’s give all of them a big round of applause! I also want to thank the leaders of Berkeley’s economics program for giving me the privilege of returning here, as a graduate of this program, to be a part of what is, in fact, my very first economics commencement ceremony here at Berkeley.

    On a similar spring afternoon in 1997, when my classmates were walking across this stage, I was across the country, hurrying to finish my dissertation at the Brookings Institution and preparing to start my first job as an economist. I would have loved to be here, as you are, and I praise you for taking the time to share with your classmates, friends, and family this moment of recognition for the huge achievement today represents. But somehow, at the time of my graduation, I felt the need to get on with earning a living and moving forward with my life, as I am sure many of you are eager to do also.

    So, you can understand that this is a very special-and also a little strange- moment for me because it feels, in a way, like I am celebrating my own graduation 28 years later! I think it is also an unusual situation for all of you to listen to this speaker who was once where you are today. It is unusual because standing at this podium now is not just the person I have become in the decades since leaving Berkeley. Standing beside me, very close by today, is also the young woman I was in 1997, who was too busy to attend her own graduation. You will be hearing at times from both of us today, and we may even exchange a few words with each other.

    This sounds a little like that Aubrey Plaza movie you may have seen last year, in which a young woman gets advice from her older self. Unfortunately, unlike Aubrey Plaza’s character, I cannot help my younger version through the many challenges that she will face, and let me tell you, there were many challenges indeed, and yet here I am! Nevertheless, because of my proximity, today, to that younger self, I hope I can see the world a little more through your eyes, when I try to offer some words of wisdom. I know, I know, commencement speakers are expected to provide wisdom and advice. But really, today, I would like to mainly tell you that the wisdom and also the conviction of my younger self are what allowed me to navigate the challenges along the way. So, trust yourselves!

    As I have indicated, the younger version of me was quite impatient to get her professional life started and try to make a mark in the world. The older me would say, “Take your time, figure out who you are, who you will become! Life is long, and among other things, life teaches you to have patience to work for big goals.” There is merit to this advice, of course, but today I am thinking about how I felt when I was in your shoes, and I am thinking that one of the underappreciated gifts of younger people is, in fact, impatience. I will say more about this, but if you take a look around at all the many urgent challenges we face here in the U.S. and the world, many of which depend on the powerful tool of economics and its potential to make people’s lives better, then I would certainly say that some impatience is, indeed, very much what we need.

    I speak of economics as a tool because that is all that it is. It is not a philosophy, a value system, or a religion, although I acknowledge that some in our profession might treat it that way. Economics can’t answer all the questions we face in our lives. Economics can’t tell us how to treat each other, or what kind of world we should strive to create, but it is a means to those ends.

    And even the answers that economics can provide are always evolving, as our understanding of economic behavior and phenomena evolves. What we understand in economics has evolved in the years since I left Berkeley, and it will continue to evolve. While this understanding does change over time, I think of it as changing like the California landscape changes. Some towns and cities grow, some decline, and there is the occasional earthquake to shake things up. But the landmarks that guide us in economics-the Golden Gate, the Sierra Nevada-they have been standing for a while now, and I believe they will continue to stand for a long time to come.

    Using these landmarks, these foundational and time-tested insights, economics can indeed be a powerful tool. But it is a tool, only to the extent, like any other tool, that it is useful. A brilliant insight, if not applied, or tested, or employed for some useful purpose, is like the gadget you pick up at the hardware store and never use. It is just taking up space in the toolbox. When economics reveals how to use resources efficiently, how to raise production and income and lower costs, these insights are only useful if they are applied-if they win in the marketplace of ideas.

    As you embark on your careers as economists, and the myriad ways in which you can employ the knowledge and skills you have acquired, one cause that I hope you all will embrace is actively participating in this marketplace of ideas. I hope you do, because, from the level of the individual household to the loftiest decisions of business leaders and government, employing the foundational insights of economics is the difference between prosperity and the utterly avoidable lack of prosperity.

    It is tempting to think that time-tested and broadly accepted ideas are permanent. In fact, the debate has never ended on many foundational ideas of economics, some of which can seem counterintuitive to people. These are ideas that must be fought for, because, as I said, to lose that fight is to go backward and accept less prosperity.

    Among the aspirations that each of you hold as you leave the Greek theater today, I hope that you will use what you have learned at Berkeley to be part of this fight. I would go further and argue that, along with the diplomas that you are receiving today, you will also carry with you a special responsibility to promote these principles and use them to promote greater prosperity for all. I am not shy in saying that economists have such a responsibility, nor in saying that the learning you have acquired qualifies you to be an active participant in these debates. I believe your expertise matters, because, in the cacophony of opinions, and trolling, and disinformation that seems to crowd ever more into the marketplace of ideas each year, I cling to the idea that expertise still matters. In his book The Constitution of Knowledge: A Defense of Truth, Jonathan Rauch argues that, just as important as America’s written Constitution is an unwritten one, based on a widespread agreement on what is true and what is not true. Knowledge, he writes, as it is added to and preserved over time, is a special glue, that Gorilla clear and precise super glue, that helps to hold society together and settle many conflicts. Expertise matters as the basis for that knowledge. When your expertise as economists is absent, when your voices are absent from the debate, knowledge suffers, and we are all poorer because of it.

    Let me pause for a moment because I am hearing from my younger self just now that these commencement remarks are maybe getting a little heavy. I can understand how she feels. Think about how things looked in 1997. The Cold War was over! The tech boom was just taking off, which meant that Oakland was still affordable. Honestly, in hindsight life back then sounds a lot less complicated than it seems today. My first job was at Pompeu Fabra University in Spain, and my second was at a large public university, the University of Houston. I had some research ideas, mostly in the area of labor economics, and I found some great collaborators, and I was off to the races. Today, I realize that colleges and universities are facing challenges like never before, which means that the prospect of trying to make a career in academia is much less certain.

    Public service is another traditional destination for economists, and I have been very fortunate to be able to move forward in my career as an academic, while taking time out on three occasions to work in Washington-as chief economist at the Department of Labor, as the U.S. executive director at the World Bank, and now as a governor at the Federal Reserve Board. By contrast, it is, of course, to put it mildly, a very challenging time to be thinking about starting a career in public service, at least at the federal level.

    I can stand here today and lament the new challenges faced by you and by many others in the Class of 2025. I am a mom, and my kids are also facing new circumstances. But I also look back sometimes and wonder how I got here. And this is another case where I believe the 27-year-old me had more wisdom than I do. If she were crossing this stage today, with you, facing these undeniable challenges, I do not think she would be discouraged. She would stubbornly say: “I love economic research; I will find a way to become an academic.” If you told her about the challenges facing colleges and universities, she would say that it is simply unthinkable that America would not support the greatest post-secondary educational system in the world. And if you told her that a pendulum swing in opinion might limit opportunities in public service, she might say: “If the purpose of life is helping others, (and I think it is) then public service will be valued, and it is something I must do, and that I will do.”

    I think if you had told the 27-year-old me that she could not achieve these things, which she dreamed of, she would stubbornly refuse to accept it. And of course, this is the way that humankind eventually solves most big problems. More than anything else, it is stubborn determination, which I hope is in good supply among you already, and which I encourage you to cultivate. You have already, of course, one of the greatest assets that anyone can have to make a career in economics, which is an education from one of the greatest universities in the world-the University of California, Berkeley. When I attended here, I had the privilege of taking classes with four winners of the Nobel Prize, and many people tell me that, if anything, the faculty is even stronger today. In my recent work at the Fed, I have had occasion to cite research by six current faculty members in public speeches. You have learned from the best, and with your energy, expertise, impatience, and stubborn determination, I know that nothing will stop you! Whatever you choose to do, I hope you will make use of what you have learned at Berkeley to be an active part of that marketplace of ideas. Go forth from here and make the world a brighter and better place. Go seize the day as you head out Sather Gate! Congratulations, again, Class of 2025, and thank you.


    MIL OSI Economics –

    May 28, 2025
  • MIL-OSI Russia: Time of Victory

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The Museum of Time and Clocks presents exhibition, dedicated to the 80th anniversary of the victory in the Great Patriotic War.

    The exhibition includes unique historical exhibits, many of which were direct witnesses to the heroic deeds of the Soviet people in the fight against the fascist invaders. For example, award watches from 1941–1945 with commemorative inscriptions that were awarded for military and labor merits at the front and in the rear.

    Nine display cases are dedicated to the brand of Soviet wristwatches “Pobeda”. They were produced in many factories of the USSR starting in 1946. For several decades, they were presented as a memorable gift or an award for labor achievements.

    Among the historical exhibits is a rare collection of anniversary wristwatches that were produced by Soviet factories to mark memorable dates associated with the victory over Nazi Germany.

    In addition, the exhibition presents products of modern Russian manufacturers. The watch company “Slava”, the watch manufacturer “Polet-Chronos”, the jewelry factory “Nika”, the brand “Anton Sukhanov”, the Uglich watch factory and others exhibited this year’s models dedicated to the 80th anniversary of the Victory.

    The exhibition design uses works by Soviet graphic artists – original propaganda posters from the Great Patriotic War.

    Entrance to the museum and viewing of permanent and temporary exhibitions is free.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //bytle.mos.ru/event/347103257/

    MIL OSI Russia News –

    May 28, 2025
  • MIL-OSI: OSS to Attend NVIDIA GTC Paris 2025

    Source: GlobeNewswire (MIL-OSI)

    ESCONDIDO, Calif., May 27, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leading provider of rugged, enterprise-class compute solutions for AI, machine learning (ML), and sensor processing at the edge, and an NVIDIA TIER 2 OEM and a NPN Elite Partner, today announced its participation in the upcoming NVIDIA GTC Paris Conference. The event takes place at the Paris Expo Porte de Versailles in Paris, France, on June 11–12, 2025.

    “NVIDIA is a valued long-time partner,” stated OSS President and CEO, Mike Knowles. “GTC Paris provides a premier platform to showcase our rugged, enterprise-class compute solutions designed for large-scale, data center-class AI, autonomy, and sensor fusion applications in edge environments.”

    Visitors to NVIDIA GTC Paris can experience OSS’s specialized AI computing solutions at Booth E07. Representatives from Bressner, OSS’s European subsidiary, will also be present and exhibiting at the conference.

    NVIDIA GTC Paris, organized in partnership with VivaTech 2025, brings together developers, researchers, business leaders, and technical experts to explore real-world applications of AI and accelerated computing. The event features live demos and sessions on generative AI, industrial digitalization, robotics, large language models, and more.

    For product inquiries or to schedule a meeting, contact OSS sales engineers at sales@onestopsystems.com or call +1 (877) 438-2724.

    About One Stop Systems
    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Words such as, but not limited to, “anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on the Company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to the potential and/or the results of current or future programs, the future adoption of technologies or applications, or the potential benefit of attending NVIDIA GTC Paris. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    The MIL Network –

    May 28, 2025
  • MIL-OSI Europe: OSCE launches capacity-building series on virtual assets taxation in Moldova

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE launches capacity-building series on virtual assets taxation in Moldova

    Participants learning about virtual assets taxation at a workshop organized by the OSCE, Chisinau, 26 May 2025. (OSCE) Photo details

    Practitioners from Moldova’s State Tax Service and the Ministry of Finance worked to enhance their understanding of virtual assets, their tax implications, and effective regulation and compliance mechanisms at a workshop organized by the OSCE from 26 to 27 May in Chisinau.
    “It is very important to understand the tax aspects of the legal framework concerning virtual assets to clarify how we quantify the income and pay taxes for virtual assets,” said Olga Golban, Director of the State Tax Service. She highlighted the risks associated with unregulated virtual assets, including tax fraud and tax evasion.
    The two-day workshop provided an overview of international good practices for the taxation of virtual assets, tax avoidance schemes, the EU regulatory framework, among other topics. Participants also had the opportunity to explore blockchain technology through simulation exercises.
    “As virtual assets and cryptocurrencies continue to expand in scope and complexity, tax authorities around the world face both opportunities and challenges. Today’s workshop explores the topic of virtual assets taxation, good practices from different jurisdictions, and what we can do to better co-ordinate across borders while combating tax evasion,” said Vera Strobachova-Budway, Senior Economic Officer and Head of the Economic Governance Unit at the OSCE.
    This workshop marked the first of two workshops to set the foundation for enhancing Moldova’s institutional capacity to effectively address taxation challenges posed by virtual assets. A follow-up workshop is planned to take place in June.
    These workshops are being organized as part of the OSCE extrabudgetary project, “Innovative policy solutions to mitigate money-laundering risks of virtual assets”, implemented by the Office of the Co-ordinator of OSCE Economic and Environmental Activities, which is financially supported by Germany, Italy, Poland, Romania, the United Kingdom and the United States.

    MIL OSI Europe News –

    May 28, 2025
  • MIL-OSI Economics: Samsung Earns ‘Product Carbon Reduction’ and ‘Product Carbon Footprint’ Certifications for Dozens of 2025 TVs, Soundbars and Monitors

    Source: Samsung

    Samsung Electronics America announced that nearly 80 models in its 2025 TV, soundbar and monitor lineups have received Product Carbon Reduction1 and Product Carbon Footprint2 certifications from TÜV Rheinland, a globally recognized certification organization based in Germany. This marks the fifth consecutive year that the Samsung Neo QLED 8K and Samsung Neo QLED 4K TV lineups have earned the certifications, demonstrating the company’s continued efforts toward carbon reduction.
    “Samsung Electronics is committed to driving technological innovation for a sustainable future,” said Taeyong Son, Executive Vice President of Visual Display Business at Samsung Electronics. “As the world’s leading TV manufacturer, we will continue to be at the forefront of establishing a more energy-efficient ecosystem that benefits consumers.”
    Following last year’s certification of 60 models across the Neo QLED, OLED and Lifestyle TV categories, Samsung has grown its number of certified products in 2025 to include QLED TVs. In addition, the company is also working towards obtaining certification for its Color E-Paper commercial displays later this year.

    The certifications from TÜV Rheinland are awarded following a rigorous evaluation of a product’s entire lifecycle — including manufacturing, transportation, usage and disposal — based on internationally recognized sustainability standards. By assessing and verifying carbon emissions at each stage, these certifications highlight Samsung efforts to reduce environmental impact across its product lineup.
    In particular, the Product Carbon Reduction certification is granted to products that have already received a Product Carbon Footprint certification and further demonstrate a measurable reduction in carbon emissions compared to their predecessors.

    Samsung leadership in energy-efficient display technology dates back to 2021, when Samsung Neo QLED 4K became the first 4K and higher-resolution TV to earn the Reducing CO2 certification. Since then, Samsung has continually expanded its portfolio of environmentally certified products, including QLED, Crystal UHD, Lifestyle TVs, OLED TVs and a wide range of monitors and digital signage products.
    Plus, Samsung makes it easy to responsibly recycle your old TV, while helping you save on your new one. When you purchase a qualifying 2025 Samsung TV, you can choose to trade in your current model and we’ll not only recycle it, but give you a $50 rebate toward your purchase.3
    For more information, please visit www.samsung.com.

    MIL OSI Economics –

    May 28, 2025
  • MIL-OSI Global: Christianity has long revered saints who would be called ‘transgender’ today

    Source: The Conversation – USA – By Sarah Barringer, Ph.D. Candidate in English, University of Iowa

    Several Republican-led states have restricted transgender rights: Iowa has signed a law removing civil rights protection for transgender people; Wyoming has prohibited state agencies from requiring the use of preferred pronouns; and Alabama recently passed a law that only two sexes would be recognized. Hundreds of bills have been introduced in other state legislatures to curtail trans rights.

    Earlier in the year, several White House executive orders pushed to deny trans identity. One of them, “Eradicating Anti-Christian Bias,” claimed that gender-affirming policies of the Biden administration were “anti-Christian.” It accused the Biden Equal Employment Opportunity Commission of forcing “Christians to affirm radical transgender ideology against their faith.”

    To be clear, not all Christians are anti-trans. And in my research of medieval history and literature, I found evidence of a long history in Christianity of what today could be called “transgender” saints. While such a term did not exist in medieval times, the idea of men living as women, or women living as men, was unquestionably present in the medieval period. Many scholars have suggested that using the modern term transgender creates valuable connections to understand the historical parallels.

    There are at least 34 documented stories of transgender saints’ lives from the early centuries of Christianity. Originally appearing in Latin or Greek, several stories of transgender saints made their way into vernacular languages.

    Transgender saints

    Of the 34 original saints, at least three gained widespread popularity in medieval Europe: St. Eugenia, St. Euphrosyne and St. Marinos. All three were born as women but cut their hair and put on men’s clothes to live as men and join monasteries.

    Eugenia, raised pagan, joined a monastery to learn more about Christianity and later became abbot. Euphrosyne joined a monastery to escape an unwanted suitor and spent the rest of his life there. Marinos, born Marina, decided to renounce womanhood and live with his father at the monastery as a man.

    These were well-read stories. Eugenia’s story appeared in two of the most popular manuscripts of their day – Ælfric’s “Lives of Saints” and “The Golden Legend.” Ælfric was an English abbot who translated Latin saints’ lives into Old English in the 10th century, making them widely available to a lay audience. “The Golden Legend” was written in Latin and compiled in the 13th century; it is part of more than a thousand manuscripts.

    Euphrosyne also appears in Ælfric’s saints’ lives, as well as in other texts in Latin, Middle English, and Old French. Marinos’ story is available in over a dozen manuscripts in at least 10 languages. For those who couldn’t read, Ælfric’s saints’ lives and other manuscripts were read aloud in churches during service on the saint’s day.

    Euphrosyne of Alexandria.
    Anonymous via Wikimedia Commons

    A small church in Paris built in the 10th century was dedicated to Marinos, and relics of his body were supposedly kept in Qannoubine monastery in Lebanon.

    This is all to say, a lot of people were talking about these saints.

    Holy transness

    In the medieval period, saints’ lives were less important as history and more important as morality tales. As a morality tale, the audience was not intended to replicate a saint’s life, but learn to emulate Christian values. Transitioning between male and female becomes a metaphor for transitioning from pagan to Christian, affluence to poverty, worldliness to spirituality. The Catholic Church opposed cross-dressing in laws, liturgical meetings and other writings. However, Christianity honored the holiness of these transgender saints.

    In a 2021 collection of essays about transgender and queer saints in the medieval period, scholars Alicia Spencer-Hall and Blake Gutt argue that medieval Christianity saw transness as holy.

    “Transness is not merely compatible with holiness; transness itself is holy,” they write. Transgender saints had to reject convention in order to live their own authentic lives, just as early Christians had to reject convention in order to live as Christians.

    Literature scholar Rhonda McDaniel explains that in 10th-century England, adopting the Christian values of shunning wealth, militarism and sex made it easier for people to go beyond strict ideas about male and female gender. Instead of defining gender by separate male and female values, all individuals could be defined by the same Christian values.

    Historically and even in contemporary times, gender is associated with specific values and roles, such as assuming that homemaking is for women, or that men are stronger. But adopting these Christian values allowed individuals to transcend such distinctions, especially when they entered monasteries and nunneries.

    According to McDaniel, even cisgender saints like St. Agnes, St. Sebastian and St. George exemplified these values, exhibiting how anyone in the audience could push against gender stereotypes without changing their bodies.

    Agnes’ love of God allowed her to give up the role of wife. When offered love and wealth by men, she rejected them in favor of Christianity. Sebastian and George were powerful Roman men who were expected, as men, to engage in violent militarism. However, both rejected their violent Roman masculinity in favor of Christian pacifism.

    A life worth emulating

    Although most saints’ lives were written primarily as morality tales, the story of Joseph of Schönau was told as both very real and worthy of emulation by the audience. His story is told as a historical account of a life that would be attainable for ordinary Christians.

    In the late 12th century, Joseph, born female, joined a Cistercian monastery in Schönau, Germany. During his deathbed confession, Joseph told his life story, including his pilgrimage to Jerusalem as a child and his difficult journey back to Europe after the death of his father. When he finally returned to his birthplace of Cologne, he entered a monastery as a man in gratitude to God for returning him home safely.

    Despite arguing that Joseph’s life was worth emulating, the first author of Joseph’s story, Engelhard of Langheim, had a complicated relationship with Joseph’s gender. He claimed Joseph was a woman, but regularly used masculine pronouns to describe him.

    Marinos the monk.
    Richard de Montbaston via Wikimedia Commons

    Even though Eugenia, Euphrosyne and Marinos’ stories are told as morality tales, their authors had similarly complicated relationships with their gender. In the case of Eugenia, in one manuscript, the author refers to her with entirely female pronouns, but in another, the scribe slips into male pronouns.

    Marinos and Euphrosyne were also frequently referred to as male. The fact that the authors referred to these characters as male suggests that their transition to masculinity was not only a metaphor, but in some ways just as real as Joseph’s.

    Based on these stories, I argue that Christianity has a transgender history to pull from and many opportunities to embrace transness as an essential part of its values.

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

    – ref. Christianity has long revered saints who would be called ‘transgender’ today – https://theconversation.com/christianity-has-long-revered-saints-who-would-be-called-transgender-today-254769

    MIL OSI – Global Reports –

    May 28, 2025
  • MIL-OSI Global: Pope Leo XIV is the first member of the Order of St. Augustine to be elected pope – but who are the Augustinians?

    Source: The Conversation – USA – By Joanne M. Pierce, Professor Emerita of Religious Studies, College of the Holy Cross

    Pope Leo XIV leaves the Augustinian General House in Rome after a visit on May 13, 2025. AP Photo/Domenico Stinellis

    When Pope Leo XIV was elected pope, the assembled crowd reacted with joy but also with surprise: He was the first pope from the United States, and North America more broadly. Moreover, he was the first member of the Order of St. Augustine to be elected to the papacy.

    Out of all 267 popes, only 51 have been members of religious orders. Pope Francis was elected in 2013 as the first member of the Jesuit order, the Society of Jesus; he was also the first member of any religious order to be chosen in over 150 years.

    As a specialist in medieval Christianity, I am familiar with the origins of many Catholic religious orders, and I was intrigued by the choice of a member of the Order of St. Augustine to follow a Jesuit as pope.

    So, who are the Augustinians?

    Early monks and concern for community

    In antiquity, some Christians chose to lead a more perfect religious life by leaving ordinary society and living together in groups, in the wilderness. They would be led by an older, more experienced person – an abbot. As monks, they followed a set of regulations and guidelines called a “monastic rule.”

    The earliest of these rules, composed about the year 400, is attributed to an influential theologian, later a bishop in North Africa, called St. Augustine of Hippo. The Rule of St. Augustine is a short text that offered monks a firm structure for their daily lives of work and prayer, as well as guidelines on how these rules could be implemented by the abbot in different situations. The rule is both firm and flexible.

    The first chapter stresses the importance of “common life”: It instructs monks to love God and one’s neighbor by living “together in oneness of mind and heart, mutually honoring God in yourselves, whose temples you have become.”

    This is the overriding principle that shapes all later instructions in Augustinian rule.

    For example, Chapter III deals with how the monks should behave when out in public. They should not go alone, but in a group, and not engage in scandalous behavior – specifically, staring at women.

    If one monk starts staring at a woman, one of the other monks with him should “admonish” him. If he does it again, his companion should tell the abbot first, before any other witnesses are notified, so that the monk can try to change his behavior on his own first, so as not to cause disruption in the community.

    Because of this clarity and flexibility, its concern for both the community and the individual members, many early religious communities in the early Middle Ages adopted the Rule of St. Augustine; formal papal approval was not required at this time.

    Mendicant friars in medieval Europe

    By the end of the 12th century, Western Europe had become much more urbanized.

    In response, a new form of religious life emerged: the mendicant friars. Unlike monks who withdrew from ordinary life, mendicants stressed a life of poverty, spent in travel from town to town to preach and help the poor. They would beg for alms along the way to provide for their own needs.

    The first mendicant orders, like the Franciscans and Dominicans, received papal approval in the early 13th century. Others were organized later.

    A few decades later, several hermits living in the Italian region of Tuscany decided to join together to form a new mendicant order. They chose to follow the Rule of St. Augustine under one superior general; Pope Innocent IV approved the new order as the Order of Hermits of St. Augustine in 1244. Later, in 1254, Pope Alexander IV included other groups of hermits in the order, known as the Grand Union.

    The new order grew and eventually expanded across Western Europe, becoming involved in preaching and other kinds of pastoral work in several countries.

    Early missionaries to modern times

    As European countries began to explore the New World, missionary priests took their place on ships sent from Catholic countries, like Spain and Portugal.

    Augustinians were among these early missionaries, quickly establishing themselves in Latin America, several countries in Africa and parts of Southeast Asia and Oceania, arriving in the Philippines in the 16th century.

    There, they not only ministered to the European crews and colonists, but they also evangelized – preached the Christian gospel – to the native inhabitants of the country.

    Augustinian missionaries started the process of setting up Catholic parishes and, eventually, new dioceses. In time, they founded and taught in seminaries to train native-born men who wanted to join their order.

    It wasn’t until the end of the 18th century that Augustinian friars arrived in the United States. Despite many struggles and setbacks in the 19th century, they established Villanova University in Pennsylvania and other ministries in New York and Massachusetts. Except for two 17th-century missionaries, Augustinian friars didn’t arrive in Canada until the 20th century, when they were sent from the German province of the order to escape financial pressure from the economic depression of the 1920s and political pressure from the Nazis.

    Pope Francis meets with members of the Order of Augustinian Recollects at the Vatican on Oct. 20, 2016.
    L’Osservatore Romano/Pool Photo via AP

    Today, there are some 2,800 Augustinian friars in almost 50 countries worldwide. They serve as pastors, teachers and bishops, and have founded schools, colleges and universities on almost every continent. They are also active in promoting social justice in many places – for example, in North America and Australasia, comprising Australia and parts of South Asia.

    Based on his years as a missionary and as provincial of the entire order worldwide, Leo XIV draws on the rich interpersonal tradition of the Order of St. Augustine. I believe his pontificate will be one marked by his experiential awareness of Catholicism as a genuinely global religion, and his deep concern for the suffering of the marginalized and those crushed by political and economic injustice.

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

    – ref. Pope Leo XIV is the first member of the Order of St. Augustine to be elected pope – but who are the Augustinians? – https://theconversation.com/pope-leo-xiv-is-the-first-member-of-the-order-of-st-augustine-to-be-elected-pope-but-who-are-the-augustinians-257175

    MIL OSI – Global Reports –

    May 28, 2025
  • MIL-OSI Global: Europeans are concerned that the US will withdraw support from NATO. They are right to worry − Americans should, too

    Source: The Conversation – USA – By John Deni, Research Professor of Joint, Interagency, Intergovernmental, and Multinational Security Studies, US Army War College

    American soldiers join 3,000 troops from other NATO member countries in a four-week exercise in Hohenfels, Germany, in March 2025. Sean Gallup/Getty Images

    The United States has long played a leadership role in NATO, the most successful military alliance in history.

    The U.S. and 11 other countries in North America and Europe founded NATO in 1949, following World War II. NATO has since grown its membership to include 32 countries in Europe and North America.

    But now, European leaders and politicians fear the United States has become a less reliable ally, posing major challenges for Europe and, by implication, NATO.

    This concern is not unfounded.

    President Donald Trump has repeatedly spoken of a desire to seize Greenland, which is an autonomous territory of Denmark, a NATO member. He has declared that Canada, another NATO member, should become “the 51st state.” Trump has also sided with Russia at the United Nations and said that the European Union, the political and economic group uniting 27 European countries, was designed to “screw” the U.S.

    Still, Trump – as well as other senior U.S. government officials – has said that the U.S. remains committed to staying in and supporting NATO.

    For decades, both liberal and conservative American politicians have recognized that the U.S. strengthens its own military and economic interests by being a leader in NATO – and by keeping thousands of U.S. troops based in Europe to underwrite its commitment.

    President Donald Trump speaks at a NATO Summit in July 2018 during his first term.
    Sean Gallup/Getty Images

    Understanding NATO

    The U.S., Canada and 10 Western European countries formed NATO nearly 80 years ago as a way to help maintain peace and stability in Europe following World War II. NATO helped European and North American countries bind together and defend themselves against the threat once posed by the Soviet Union, a former communist empire that fell in 1991.

    NATO employs about 2,000 people at its headquarters in Brussels. It does not have its own military troops and relies on its 32 member countries to volunteer their own military forces to conduct operations and other tasks under NATO’s leadership.

    NATO does have its own military command structure, led by an American military officer, and including military officers from other countries. This team plans and executes all NATO military operations.

    In peacetime, military forces working with NATO conduct training exercises across Eastern Europe and other places to help reassure allies about the strength of the military coalition – and to deter potential aggressors, like Russia.

    NATO has a relatively small annual budget of around US$3.6 billion. The U.S. and Germany are the largest contributors to this budget, each responsible for funding 16% of NATO’s costs each year.

    Separate from NATO’s annual budget, in 2014, NATO members agreed that each participating country should spend the equivalent of 2% of its gross domestic product on their own national defense. Twenty two of NATO’s 31 members with military forces were expected that 2% threshold as of April 2025.

    Although NATO is chiefly a military alliance, it has roots in the mutual economic interests of both the U.S. and Europe.

    Europe is the United States’ most important economic partner. Roughly one-quarter of all U.S. trade is with Europe – more than the U.S. has with Canada, China or Mexico.

    Over 2.3 million American jobs are directly tied to producing exports that reach European countries that are part of NATO.

    NATO helps safeguard this mutual economic relationship between the U.S. and Europe. If Russia or another country tries to intimidate, dominate or even invade a European country, this could hurt the American economy. In this way, NATO can be seen as the insurance policy that underwrites the strength and vitality of the American economy.

    The heart of that insurance policy is Article 5, a mutual defense pledge that member countries agree to when they join NATO.

    Article 5 says that an armed attack against one NATO member is considered an attack against the entire alliance. If one NATO member is attacked, all other NATO members must help defend the country in question. NATO members have only invoked Article 5 once, following the Sept. 11, 2001, attacks in the U.S., when the alliance deployed aircraft to monitor U.S. skies.

    A wavering commitment to Article 5

    Trump has questioned whether he would enforce Article 5 and help defend a NATO country if it is not paying the required 2% of its gross domestic product.

    NBC News also reported in April 2025 that the U.S. is likely going to cut 10,000 or more of the nearly 85,000 American troops stationed in Europe. The U.S. might also relinquish its top military leadership position within NATO, according to NBC.

    Many political analysts expect the U.S. to shift its national security focus away from Europe and toward threats posed by China – specifically, the threat of China invading or attacking Taiwan.

    At the same time, the Trump administration appears eager to reset relations with Russia. This is despite the Russian military’s atrocities committed against Ukrainian military forces and civilians in the war Russia began in 2022, and Russia’s intensifying hybrid war against Europeans in the form of covert spy attacks across Europe. This hybrid warfare allegedly includes Russia conducting cyberattacks and sabotage operations across Europe. It also involves Russia allegedly trying to plant incendiary devices on planes headed to North America, among other things.

    President Joe Biden speaks during a NATO summit in Washington in July 2024.
    Roberto Schmidt/AFP via Getty Images

    A shifting role in Europe

    The available evidence indicates that the U.S. is backing away from its role in Europe. At best – from a European security perspective – the U.S. could still defend European allies with the potential threat of its nuclear weapon arsennal. The U.S. has significantly more nuclear weapons than any Western European country, but it is not clear that this is enough to deter Russia without the clear presence of large numbers of American troops in Europe, especially given that Moscow continues to perceive the U.S. as NATO’s most important and most powerful member.

    For this reason, significantly downsizing the number of U.S. troops in Europe, giving up key American military leadership positions in NATO, or backing away from the alliance in other ways appears exceptionally perilous. Such actions could increase Russian aggression across Europe, ultimately threatening not just European security bu America’s as well.

    Maintaining America’s leadership position in NATO and sustaining its troop levels in Europe helps reinforce the U.S. commitment to defending its most important allies. This is the best way to protect vital U.S. economic interests in Europe today and ensure Washington will have friends to call on in the future.

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

    – ref. Europeans are concerned that the US will withdraw support from NATO. They are right to worry − Americans should, too – https://theconversation.com/europeans-are-concerned-that-the-us-will-withdraw-support-from-nato-they-are-right-to-worry-americans-should-too-253907

    MIL OSI – Global Reports –

    May 28, 2025
  • MIL-OSI Economics: Ida Wolden Bache: Norges Bank’s management of the Government Pension Fund Global

    Source: Bank for International Settlements

    Thank you for the opportunity to talk about Norges Bank’s management of the Government Pension Fund Global (GPFG).

    The investment objective of the GPFG is to achieve the highest possible return at an acceptable level of risk. In 2024, returns were high but lower than the return on the benchmark index against which our performance is measured. The Executive Board emphasises the importance of assessing the performance of the GPFG over long periods and is satisfied that the return over time has been higher than the return on the benchmark index.

    We are in a period of global transition. The framework for global trade and cooperation is in play, and the security policy landscape is changing. This has resulted in substantial volatility in the return on the GPFG’s investments so far in 2025.

    I have three key messages today:

    First, the experience from previous periods of turbulence, as well as the strengthening of Norges Bank’s work on geopolitical risk in recent years, makes the management of the GPFG better equipped to face the current uncertainty.

    Second, the GPFG has a financial objective. Active ownership is about managing risk and creating economic value over time.

    Third, the energy transition provides investment opportunities. We continue to build a portfolio of renewable energy infrastructure assets and have increased the number of such investments over the past year.

    Let me begin with the ability to face new uncertainty.

    The Ministry of Finance determines the investment strategy and the benchmark index, and significant strategic decisions are endorsed by the Storting (Norwegian parliament). The equity allocation is 70 percent, and risk is reduced by broad diversification, across regions, sectors and individual companies. The return of the GPFG tracks the benchmark index closely.

    Equity investments have been important for the GPFG’s performance. At the end of 2024, the cumulative return on the GPFG amounted to over NOK 11 000 billion since inception, of which equity investments accounted for almost NOK 10 000 billion. In order to achieve this return, we have had to withstand several periods of substantial falls in value.

    The repricing of technology stocks after 2000, the financial crisis and the outbreak of the pandemic come to mind. Crises do not repeat themselves. Each crisis is unique and difficult to foresee. Nevertheless, being able to follow the GPFG’s investment strategy through periods of turbulence is a strength.

    The Executive Board is responsible for ensuring that Norges Bank Investment Management (NBIM) has the systems, resources and expertise needed to monitor, assess and manage the risk resulting from geopolitical conditions.

    In recent years, NBIM’s management of this risk has been strengthened. The scenario analysis and stress testing are part of this. NBIM has built up more expertise and improved internal coordination. The Bank also participates in meetings of the Contact Forum established by the Ministry of Finance for the exchange of information on international matters. All of this enhances contingency preparedness, but contingency planning entails continuous work.

    Let me now turn to active ownership. As owner, we have expectations towards the boards of directors of the GPFG’s investee companies. The expectations are described in expectation documents that cover different environmental, social and governance issues. The expectations are principles-based and are publicly available.

    Active ownership is about risk management and creating long-term economic value. Climate risk is one example of this. In our opinion, companies that address risks associated with climate change will perform better over time. As a long-term owner of almost all listed companies, it is in the GPFG’s own-interest to have an orderly energy transition.

    The energy transition also creates investment opportunities. The mandate provides for investing some of the GPFG in unlisted renewable energy infrastructure. These are active investment decisions that are subject to the same requirements for risk and return as the GPFG’s other investments.

    In 2024 and so far in 2025, the Bank has made more investments in unlisted renewable energy infrastructure than previously. The new investments include solar and onshore wind projects in Portugal and Spain and offshore wind projects in the UK, Denmark and Germany. The Bank has also invested in a fund that includes early-stage renewable projects. This fund will invest in different types of technology and across various regions.

    The Executive Board has established a framework for unlisted investments that emphasises that also this part of the GPFG’s management must be cost-efficient and responsible.  High transparency and reporting standards are required.

    Let me conclude. Norges Bank’s management of the GPFG is based on a clear mandate and a framework that has proven robust over time. If we consider that adjustments to the mandate are needed, we are conscious of our responsibility as adviser to the Ministry of Finance.

    We welcome the Ministry’s appointment of an external expert group that will review the GPFG’s investment strategy. Such reviews further develop the management of the GPFG, and we will of course make ourselves available to the group if they so wish.

    With that, I will pass you to Nicolai Tangen.

    MIL OSI Economics –

    May 28, 2025
  • MIL-OSI Global: IDF firing ‘warning shots’ near diplomats sets an unacceptable precedent in international relations

    Source: The Conversation – UK – By Andrew Forde, Assistant Professor – European Human Rights Law, Dublin City University

    A still from footage of the incident when ‘warning shots’ were fired above visiting diplomats in Jenin on May 21. X (Twitter)

    The Israel Defense Forces (IDF) appears to have “crossed the Rubicon” in the West Bank town of Jenin, when it opened fire in the vicinity of a group of visiting diplomats on May 21 – in flagrant violation of international law. The group of diplomats representing 31 countries – including Ireland, UK, France, Germany, Italy, Egypt, Russia and China – were on an official mission organised by the Palestinian Authority to observe the humanitarian situation there.

    They were giving media interviews when IDF troops fired what they later referred to as “warning shots” over their heads, forcing them to run for cover. The shots came despite the visit having been flagged and coordinated in advance with both the Palestinian Authority and the IDF, which has effective control over the area.

    Jenin has long been a flash point in the Israeli-Palestinian conflict. With much of the population descendants of Palestinian refugees from the 1948 war, Israeli occupation and active Palestinian resistance are observable in the town.

    The international community’s reaction to the warning shots incident – in particular, by those states whose diplomatic officials were directly involved – was one of swift and widespread outrage. The high representative of the European Union for foreign affairs and security policy, Kaja Kallas, called for a full investigation into the incident, and for those responsible to be held accountable. “Any threats on diplomats’ lives are not acceptable,” she said.

    The Palestinian foreign ministry accused Israel of having “deliberately targeted with live fire an accredited diplomatic delegation”.

    Israel acknowledged the incident and triggered an initial investigation, but downplayed its significance. A spokesman for the IDF said it “regrets the inconvenience caused” by the incident. But its statement went on to effectively justify the action, arguing that the diplomats had “deviated from the approved route” by entering a restricted area – leading to IDF soldiers firing warning shots into the air.

    Such a response doesn’t remotely correspond to the seriousness of the situation, and Israel is perfectly aware of this.

    International law and diplomats

    Diplomats carry out functions on behalf of the country they represent. They are the eyes, ears and voice of their country, called upon to pursue legitimate diplomatic activities. The protections afforded to individual diplomats must therefore be seen in the context of broader and longer-term diplomatic relations between states.

    To carry out diplomatic functions effectively, those individuals must be allowed to perform their functions without hindrance, coercion or harassment from any country that hosts their delegations. These customary rules are thousands of years old, and have been codified in international law through the Vienna convention on diplomatic relations – to which Israel is a signatory.

    That convention provides for diplomatic inviolability, immunity from criminal, civil and administrative jurisdiction, and freedom from detention or arrest. It also affords diplomatic staff the right to freedom of movement and free communications.

    Most importantly for this case, article 29 of the convention states that the host state “shall take all appropriate steps to prevent any attack on [their] person, freedom or dignity”.

    Firing warning shots in the vicinity of diplomats, even if done in error or without ill-intent, represents a serious threat to the person and their dignity. As such, it constitutes a flagrant abdication of Israel’s duty to protect them.

    Moreover, the firing of warning shots in Jenin immediately interrupted the diplomatic work there, and as such can be seen as an attempt to intimidate or limit the efficient and effective performance of diplomatic functions on behalf of their governments.

    Need for accountability

    Any use of force against diplomats, even indirect, is incompatible with the principles of diplomatic immunity enshrined in international law. The onus is on the host state to ensure the safety and inviolability of diplomatic personnel.

    And this duty of care is not diminished in situations of conflict. On the contrary, states have a special duty in times of conflict to protect diplomats and preserve diplomatic channels of communication.

    Israel’s actions in firing above these diplomats may or may not have been deliberate. But they had an intimidatory effect, which undermines the foundational principles of international relations. In a climate where Israel’s courts have effectively endorsed a media blackout in conflict-affected regions, the role of diplomats is indispensable.

    The entire system of diplomatic relations relies on the presumption that diplomats can carry out their functions freely and effectively. Diplomatic protections work effectively when they are reciprocal. Without trust, the system quickly unravels.

    It would be wrong to suggest this act may have tipped the balance of international opinion against Israel, when you consider the 19 months of violence in Gaza. The killing by the IDF of vast numbers of civilians (including thousands of women and children), the seeming use of starvation as a weapon of war, and the destruction of vast swaths of Gaza have rightly attracted growing international condemnation.

    On May 19, Britain, France and Canada – staunch allies of Israel – said they will “not stand by”, and would take “concrete actions” if the military offensive is not halted and humanitarian aid is not delivered to the people of Gaza.

    But threatening diplomats – even if not actively shooting at them – is an egregious breach of trust under the laws of diplomatic relations, which requires a meaningful apology and effective investigation. Those responsible for giving the orders to fire the “warning shots” need to be held accountable for that decision.

    Andrew Forde is affiliated with Dublin City University (Assistant Professor, European Human Rights Law).

    He is also, separately, affiliated with the Irish Human Rights and Equality Commission (Commissioner).

    – ref. IDF firing ‘warning shots’ near diplomats sets an unacceptable precedent in international relations – https://theconversation.com/idf-firing-warning-shots-near-diplomats-sets-an-unacceptable-precedent-in-international-relations-257488

    MIL OSI – Global Reports –

    May 28, 2025
  • MIL-OSI Economics: H

    Source: ASEAN

    The ASEAN Secretariat is honoured to welcome H.E. Emmanuel Macron, President of the French Republic, on the occasion of his visit to the ASEAN Headquarters/ ASEAN Secretariat, on 28 May 2025.
     
    This visit marks a significant milestone in the growing partnership between ASEAN and France. In 2020, France was officially conferred the status of Development Partner of ASEAN, underscoring its commitment to deepening cooperation with the region.
    The post H.E. Emmanuel Macron, President of French Republic to visit ASEAN Headquarters/ASEAN Secretariat appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    May 28, 2025
  • MIL-OSI USA: UConn Has Record-Breaking Cohort for Gilman Scholars

    Source: US State of Connecticut

    A record-breaking 31 UConn students have been awarded a Gilman Scholarship in the latest cohort of the prestigious academic award. The award is congressionally funded through the Bureau of Education and Cultural Affairs at the State Department.

    The funding supports expanding student participation in study abroad programs and encourages travel to diverse locations around the globe, along with intensive language study and internship experiences.

    The 31 UConn students, who will study in 14 different countries, will receive a total of nearly $94,000 in scholarship funds through the Gilman program. A total of 40 UConn students have earned Gilman awards in the last two cohorts, this one and October 2024, for a total of more than $121,500 in scholarship funding.

    Students applying for Gilman Scholarships work with advisors in UConn’s Office of National Scholarships & Fellowships (ONSF) and Experiential Global Learning (EGL). Rachel Gleicher, an advisor in EGL, and Michael Cunningham, assistant director of ONSF and UConn’s Fulbright program advisor, are UConn’s two Gilman certifying advisors.

    “We are very excited that the Gilman program has selected so many UConn students this cycle,” says Cunningham. “It’s a testament to the quality of our students and to the hard work that they put into their applications.”

    Upon their return from studying abroad, each Gilman Scholar is required to complete a service project in their campus or home community with the goal of sharing the value of participation in study abroad and promoting the scholarship to prospective students. Applications are reviewed with consideration for the proposed follow-up service project.

    “We are so proud of these students for staying determined and focused on their study abroad goals,” says Gleicher. “Amid uncertain times, with federal funding freezes and broader uncertainty, they remained committed to their aspirations. Now more than ever, it is crucial to ensure students are aware of the funding opportunities available to them.”

    Eligibility for the Gilman Scholarship requires undergraduate students to be Pell Grant-eligible United States citizens who plan to study abroad for academic credit through a program approved by their home institution. Supporting students with high financial need provides access to students who are historically underrepresented in study abroad, including first-generation college students, STEM majors, ethnic and racial minority students, students with disabilities, LGBTQ+ students, and others who experience barriers to participation.

    Students from underrepresented areas of the U.S. are also considered during the application process and this year there are recipients from all 50 states.

    The following UConn students were selected as Gilman Scholars in this cycle, and they are listed with the location of where they will study as part of the program:

    Carina Adams-Szabo ’27 (CLAS), a psychology and political science major from Greenwich, who will be studying neuroscience this summer in Salamanca, Spain.

    Ashley Barragan ’27 (NUR), a nursing major who will be studying at the University of Dublin Summer Applied Research for Nursing Practice in Dublin, Ireland.

    Rhys Brauer ’27 (CLAS), a psychological sciences major, who will be studying neuroscience this summer in Salamanca.

    Brooke Catellier ’26 (CAHNR), an allied health major, who will be studying the Mediterranean diet and Tuscan cuisine in Florence, Italy, this summer.

    Kylene Chino ’26 (CLAS), a human rights and political science major, who will be studying in the fall at the Pusan National University in Shanghai, China.

    Jaiyliah Cochran ’25 (CLAS), a microbiology major, who will be studying field ecology this summer in Limpopo Province, South Africa.

    Mia Dansby ’26 (BUS), a management major, who will be studying this summer at ISI in Florence.

    Andrea D’Oleo ’27 (NUR), a nursing major from East Hartford, who will be studying in the Dublin Summer Applied Research Program for Nursing Practice in Ireland.

    Danyelix Echevarria Figueroa ’28 (ACES), a pre-teaching major from New Britain, who will study next spring at the University of Grenda in Grenda, Spain.

    Dahiana Fernandez-Ramirez ’26 (CLAS), a psychological sciences major, who will be studying this fall at ISI Florence.

    Adiriana Garcia Vazquez ’25 (CLAS), a cognitive science major from Bridgeport, who will be studying this fall at the Interdisciplinary Ethnography Field School in Mauritius.

    Hannah Ginste ’26 (CLAS), a communications major, who will be doing a summer internship in London.

    Jessica Glowacki ’25 (CLAS), a biological sciences major who will be studying field ecology this summer in Limpopo Province, South Africa.

    Emma Hazard ’27 (CAHNR), a diagnostic genetic sciences major, who will be studying the Mediterranean diet and Tuscan cuisine in Florence this summer.

    Danecia Henry ’28 (BUS), a management major from New Haven, will be studying in the summer at Camino de Santiago in Spain.

    Ty’Laisha Huff ’27 (NUR), a nursing major from Hartford, will be studying at the Dublin Summer Applied Research Program for Nursing Practice in Ireland.

    Layan Jahaf ’28 (CLAS), a political science and Arabic and Islam civics major, who will be studying this fall in London.

    Dee Jerome ’26 (CAHNR), an allied health sciences major from Bridgeport, who will be studying this summer in Accra, Ghana.

    Evelyn Pazan ’27 (CLAS), a finance and German major, who will be studying during the 2025-26 academic year at the University of Mannheim in Germany.

    Danielle Phillips ’27 (CLAS), an individualized major in industrial and labor relations from Bridgeport, who will be studying this summer at the Intercultural Leadership Program in Strasbourg, France.

    Jocelyn Ramirez ’26 (BUS), a management major from New Haven, who will be studying this summer at ISI.

    Jamie Ross ’27 (CLAS), a physiology and neurobiology major, who will be studying next winter in Barcelona, Spain.

    Ellie Sanders ’27 (CAHNR), a nutritional sciences major from West Cornwall, who will be studying the Mediterranean diet and Tuscan cuisine in Florence this summer.

    Fabio Silveira ’26 (CLAS), a pathobiology major, who will be studying neuroscience this summer in Salamanca, Spain.

    Amber Szymanski ’26 (CLAS), a political science and human rights major, who will be studying this fall at the Pusan National University in Busan, South Korea.

    Angel Uchupailla ’26 (CAHNR), an allied health major from Stamford, who will be studying this winter in Rome.

    Lyric Vargas ’27 (CLAS), a political science and psychological science major, who will be studying this fall at the University of Lisbon in Portugal.

    Erica Wong ’26 (CLAS), a political science and urban and community studies major, who will be studying this fall at Fudan University in Shanghai, China.

    Morgan Xu ’26 (ENG), a materials science and engineering major from Chesire, who will be studying this fall at the National University of Singapore.

    Ada Yeung ’27 (CLAS), an individualized major, who will be studying next spring at Fudan University.

    Maggie Zheng ’27 (BUS), an accounting major, who will be studying next spring at Fudan University.

    MIL OSI USA News –

    May 28, 2025
  • MIL-OSI: BIO-key and Runlevel Secure First Major IAM Deployment with a National Bank in Mozambique; Extends Growing List of Banking Customers

    Source: GlobeNewswire (MIL-OSI)

    LISBON, Portugal and HOLMDEL, N.J., May 27, 2025 (GLOBE NEWSWIRE) — BIO-key International, Inc. (NASDAQ: BKYI), a global leader in Identity and Access Management (IAM) solutions featuring Identity-Bound Biometrics (IBB), today announced a strategic partnership with Runlevel, a specialized cybersecurity solutions provider, as well as the partnership’s first customer deployment. Runlevel focuses on Portuguese-speaking African countries (“Países Africanos de Língua Oficial Portuguesa or “PALOP”) and Timor-Leste in Asia.

    Runlevel joins BIO-key’s Channel Alliance Partner (CAP) program as a Value-Added Reseller (VAR) for businesses and government institutions in PALOP countries and Timor-Leste, which face increasing cybersecurity challenges. The Runlevel partnerships marks the beginning of a broader effort to expand adoption of BIO-key solutions across the region, ensuring financial institutions, government agencies and enterprises can benefit from secure, scalable and compliant digital identity solutions. In support of BIO-key’s solutions, Runlevel will provide pre-sales consulting, deployment support and technical training tailored to regulatory requirements in PALOP and Timor-Leste.

    Partnership’s First Major Deployment
    BIO-key and Runlevel have already secured their first customer in the region — a National Bank in Mozambique — which is deploying a comprehensive suite of BIO-key’s biometric-based IAM solutions.

    This deployment highlights the growing need for robust IAM solutions in the partnership’s territories and reinforces BIO-key’s position as a trusted cybersecurity partner within the global financial sector.

    The deployment includes the following BIO-key solutions:

    • PortalGuard On-Prem
    • Highly secure IAM platform with Multi-factor Authentication (MFA)
    • Single Sign-On (SSO) capabilities.

    Miguel Guerreiro, Managing Partner at Runlevel, commented, “Runlevel is committed to delivering cutting-edge security solutions that address the unique challenges faced by customers in PALOP and Timor-Leste. Partnering with BIO-key enables us to provide advanced IAM technologies that enhance cybersecurity, streamline authentication, and ensure compliance. Securing our first major deal together is a strong validation of this partnership and demonstrates the critical need for robust identity security solutions in the financial sector.”

    Alex Rocha, International Managing Director at BIO-key, added, “Runlevel is an ideal partner to expand BIO-key’s reach into Portuguese speaking markets. Their deep knowledge of the local cybersecurity landscape and strong relationships with key enterprises and public institutions make them a perfect fit for delivering BIO-key’s IAM solutions. Securing our first project together with a National Bank in Mozambique confirms the demand we believe exists for advanced IAM solutions in these regions and adds to BIO-key’s growing presence in the financial sector. Together, we are committed to supporting customers with secure, scalable, and regulation-compliant authentication technologies.”

    About Runlevel (www.runlevel.pt)
    Runlevel is a specialized cybersecurity solutions provider focusing on Portuguese-speaking African countries (PALOP) and Timor-Leste. The company delivers advanced IT security, infrastructure, and compliance solutions, helping organizations navigate the evolving cybersecurity landscape with best-in-class technology and expert consulting services.

    About BIO-key International, Inc. (www.BIO-key.com)
    BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software securing access for over forty million users. BIO-key allows customers to choose the right authentication factors for diverse use cases, including phoneless, tokenless, and passwordless biometric options. Its cloud-hosted or on-premise PortalGuard IAM solution provides cost-effective, easy-to-deploy, convenient, and secure access to computers, information, applications, and high-value transactions.

    BIO-key Safe Harbor Statement
    All statements contained in this press release other than statements of historical facts are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). The words “estimate,” “project,” “intends,” “expects,” “anticipates,” “believes” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the “safe-harbor” provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include factors set forth under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Investor Contacts
    William Jones, David Collins
    Catalyst IR
    BKYI@catalyst-ir.com or 212-924-9800

    The MIL Network –

    May 28, 2025
  • MIL-OSI: Cajo Technologies Secures Investment to Accelerate Global Expansion of Sustainable Laser Marking Solutions

    Source: GlobeNewswire (MIL-OSI)

    KEMPELE, Finland, May 27, 2025 (GLOBE NEWSWIRE) — Cajo Technologies, a leading Finnish developer of advanced laser marking solutions, has secured investment from Emerald Technology Ventures to scale the global rollout of its patented marking technologies. The round will support Cajo’s mission to redefine industrial marking with more sustainable, efficient, and cost-effective alternatives to traditional ink-based and labelling systems.

    Driving Sustainable Transformation in Packaging and Manufacturing

    Cajo offers complete and easy-to-use solutions for traceability and product marking optimized for industrial production processes. Long-lasting and maintenance-free solutions have been developed to replace traditional marking methods such as inkjet, print, label, etching, and painting technologies.

    Cajo’s intelligent technology makes it possible to implement high-quality machine-readable traceability markings that last throughout the product’s life cycle even in challenging conditions. Cajo’s sustainable laser technology offers manufacturers an over 90 % reduction of the carbon footprint of industrial labelling compared to for example inkjets thanks to additive-free technology.

    Cajo’s systems are already deployed across industries in more than 80 countries to market leaders in various industries including metal, cable, wire, battery, medical, wood, packaging, and end products. Among these market leaders are industrial players across diverse sectors, including PepsiCo, SSAB, Fiskars, and Prysmian.

    The Growing Need for Sustainable Packaging Marking

    Traditional marking methods such as inkjets rely on consumables that generate waste and fail to meet increasingly high industry standards and strict environmental regulations. As businesses strive to meet sustainability targets and regulatory requirements, the demand for innovative, cost-effective, and environmentally friendly marking solutions has never been higher.

    Cajo’s solutions cater to forward-thinking stakeholders in the industry looking to significantly improve production processes while lowering operational costs.

    Fueling the Next Phase of Global Growth

    The Series B investment will be used to accelerate commercial scale-up in key markets including Europe, India, and North America. Cajo will invest in its international sales operations, strengthen its customer success capabilities, and expand production capacity in line with demand from major accounts and partners.

    “This investment marks a pivotal milestone in our journey,” said Niko Karsikas, CEO and Founder of Cajo Technologies. “With Emerald by our side, we are well-positioned to scale our impact, bring MakeBright™ and other innovations to new geographies, and continue supporting our industrial partners with reliable, traceable, and eco-friendly marking technologies.”

    “We are thrilled to partner with Cajo to accelerate the transition to sustainable packaging,” said Fredric Petit, Partner at Emerald. “Cajo’s technology is not only a powerful enabler of traceability and eco-efficiency but also commercially validated by global industry leaders.”

    About Emerald Technology Ventures

    Emerald is a globally recognized venture capital firm, founded in 2000, that manages and advises assets of over €1 billion from its offices in Zurich, Toronto and Singapore. The firm invests in start-ups that tackle big challenges in climate change and sustainability, with four current funds, hundreds of venture transactions and five third-party investment mandates, including loan guarantees to over 100 start-ups.

    Bold Ideas. Bright Future. www.emerald.vc

    CONTACT FOR EMERALD:

    info@emerald.vc

    Cajo Technologies: Pioneering Sustainable Product Marking

    In an era where sustainability is a key driver of industrial innovation, Finnish SME Cajo Technologies Ltd. is revolutionizing product marking with its patented laser solutions. By eliminating the need for ink, labels, and chemicals, Cajo provides an eco-friendly and cost-efficient alternative to traditional marking methods.

    Headquartered in Kempele, Finland, with subsidiaries in India, Cajo Technologies is rapidly expanding its global presence. The company offers comprehensive, easy-to-use solutions for traceability and product marking, leveraging proprietary software and patented technology. Fully optimized for industrial production, Cajo’s marking solutions seamlessly integrate into existing manufacturing processes, significantly reducing maintenance and operational costs.

    Beyond efficiency, Cajo’s technology ensures high-precision traceability markings, even in the harshest industrial environments, while reducing the carbon footprint by up to 90%. This sustainable alternative allows companies to eliminate consumables and harmful additives from their production, aligning with the growing demand for zero-waste manufacturing solutions.

    With a trusted presence in over 80 countries and partnerships with global industry leaders, Cajo Technologies is setting a new benchmark in sustainable manufacturing. By combining innovation with environmental responsibility, the company demonstrates that sustainability and profitability can go hand in hand.

    Cajo MakeBright™: A Game-Changer in Cardboard Marking

    Cajo MakeBright™ introduces a revolutionary way to produce precise and permanent product markings on cardboard with unparalleled sustainability. The patented technology allows for markings without the use of ink, glue, ribbons, or labels, which not only simplifies the recycling process but also enables significant cost savings.

    Cajo MakeBright™ supports both 1D and 2D codes, ensuring maximum readability and achieving A-grade results in compliance with ISO 29158 (AIM-DPM). By eliminating unnecessary materials, MakeBright™ enhances sustainability, streamlines production efficiency, and reduces operational costs. The technology operates without additives, removing the need for single-use plastics and simplifying cardboard recycling. Additionally, it reduces SKU typically over 70%, minimizes stockholding requirements, and decreases supply chain disruptions.

    Choose Cajo for intelligent product marking.

    CONTACT FOR CAJO:

    info@cajotechnologies.com

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/c36cf048-5807-4cf6-9ad6-bf5080be9471

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8696e5ec-11ca-4d6a-a4e5-96a0172b745a

    The MIL Network –

    May 28, 2025
  • MIL-OSI United Kingdom: Delegation visits F.E. McWilliam Gallery & Studio to view progress on £4.4m expansion

    Source: Northern Ireland City of Armagh

    With the £4.4m expansion of the F.E. McWilliam Gallery & Studio now underway, Lord Mayor Councillor Sarah Duffy, joined by Council Chief Executive Roger Wilson and Gallery Curator and Manager Dr Riann Coulter, welcome Jenny Martin and Ryan Donaghy from the NI Team representing the UK Government’s Ministry of Housing, Communities and Local Government to view progress on this key infrastructure project.

    Lord Mayor of Armagh City, Banbridge and Craigavon Borough Councillor Sarah Duffy, in her final week in office, hosted a delegation visit to the F.E. McWilliam Gallery & Studio in Banbridge to highlight the progress made on a £4.4m expansion and upgrade of the facility.

    Accompanying her on the Council side were Chief Executive Roger Wilson, Director of Development, Community and Wellbeing Paul Tamati, Head of Tourism, Arts and Culture Brian Johnston, Gallery Curator and Manager Dr Riann Coulter, and Alderman Paul Greenfield.

    They were joined by Jenny Martin and Ryan Donaghy from the NI Team representing the UK Government’s Ministry of Housing, Communities and Local Government. The UK Government provided £3.8m in funding to support this key infrastructure project.

    The Lord Mayor expressed her enthusiasm at seeing this once-in-a-generation project come to life and praised the ambition behind this redevelopment, saying:

    “The F.E. McWilliam Gallery & Studio serves as an important gateway to the borough’s cultural landscape. I am really excited to see our ambitious plans start to take shape as we seek to further capitalise on its A1 location and expand its role as a cultural hub attracting significantly more local, national and international visitors.

    “This project will enable the Council to honour the Banbridge-born, internationally renowned sculptor’s legacy and ensure his work continues to be a source of creativity and inspiration for future generations. I look forward to seeing it come to fruition and boosting tourism across the wider region.”

    The visit provided an opportunity for the delegation to gain valuable insights into the transformative impact that this major expansion will have on the wider community and hear about the Council’s strategic priorities for the accredited museum once it is completed in autumn 2026.

    Even though building work is still in its early stages, those in attendance were able to see first-hand how much progress has been made in a short space of time.

    Planned improvements include a new collection gallery which will make more of F.E. McWilliam’s nationally significant collection of art accessible to the public; a large education and community space; additional storage; an extended shop, café and tourism information; a Changing Places facility; more staff accommodation; a larger car park and two multi-purpose meeting rooms, available for programming and hire.

    This project will not only double the size of the facility but also bring many benefits. These include allowing for a significant increase in visitor capacity; creating a thriving hub for artistic expression, learning and engagement; elevating the visitor experience and ensuring the exhibition space is more welcoming to diverse audiences.

     UK Minister for Local Growth, Alex Norris, said:

    “It is fantastic to hear progress is underway on transforming the internationally renowned F.E. McWilliam Art Centre into a revived cultural hub for the community and really putting Banbridge on the map.

    “The gallery will provide a vital creative space for local people while also boosting tourism, jobs and economic growth across the region.”

    Council officers took the opportunity to express their gratitude to the UK Government for supporting this expansion and to the Wolfson Foundation for providing £200,000 to fit out the new collection gallery and improve interpretation through multi-lingual video guides and accessible tours of the F.E. McWilliam collection in both British and Irish Sign Language.

    The Council is contributing £400,000 towards this project to provide a range of new modern amenities for visitors.

    The gallery will remain open and be accessible to the public throughout much of the 15-month contract period, with a new exhibition featuring the work of Belfast-based painter Barbara Freeman launching on Saturday 14th June 2025.

    For regular updates and further information on this exciting expansion project, visit www.armaghbanbridgecraigavon.gov.uk/femcwilliam.

    MIL OSI United Kingdom –

    May 28, 2025
  • MIL-OSI Security: 18 arrested in series of strikes against cash machine robbers

    Source: Europol

    The group composed of up to 20 Dutch nationals was based mostly in the greater Utrecht area, with some individuals based in Amsterdam. As a highly specialised criminal group, they are believed to have targeted cash machines across several Federal States in Germany. Investigations have shown an increasingly sophisticated approach by the criminals, who take measures such as counter-surveillance, collaborate…

    MIL Security OSI –

    May 28, 2025
  • MIL-OSI: Live Coin Watch Exclusive: Bitcoin Solaris Announces Phase 5 Presale Ahead of Nova App Mining Launch

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 27, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris, the next-generation decentralized blockchain built for mobile-first mining, has officially entered Presale Phase 5, pricing BTC-S tokens at 5 USDT. This announcement comes just ahead of the beginning of a selected group testing of Nova App Beta, a breakthrough mobile mining platform designed to allow users to earn tokens directly from their smartphones.

    Bitcoin Solaris is offering a fixed supply of 21 million tokens, with only 20% (4.2 million tokens) allocated to the entire presale. With no inflationary mechanics, the tokenomics are designed to reward early participation through a capped supply and verifiable, transparent distribution.

    Nova App: Mobile Mining for Everyone

    Scheduled to launch soon, the Nova App enables users to earn BTC-S by contributing idle storage and processing power on their smartphones. With no technical knowledge or staking required, the app automatically rewards users based on uptime and minimal hardware contribution—democratizing access to on-chain earnings and transforming smartphones into passive income nodes.

    High-Speed Infrastructure Designed for Scale

    Built on a dual-layer blockchain, Bitcoin Solaris supports 10,000+ TPS and delivers 2-second finality through its combination of Proof-of-Stake (PoS), Proof-of-Capacity (PoC), Proof-of-History (PoH), and Proof-of-Time (PoT). This scalable architecture ensures that mobile miners worldwide can participate without congestion, latency, or centralization risks.

    Fully Audited and Verified

    Bitcoin Solaris has completed multiple independent security audits. Cyberscope verified its smart contract code and emission logic, while Freshcoins audited its mobile mining performance. Full KYC verification adds a layer of governance transparency uncommon in early-stage blockchain projects.

    Strategic Entry Point Remains Open — But Not for Long

    Bitcoin Solaris is currently in Presale Phase 5, with BTC-S priced at 5 USDT. The token is projected to launch at 20 USDT, offering early buyers a potential 4X return. Of the total 21 million BTC-S supply, 4.2 million (20%) are allocated to the entire presale. There is no inflationary mechanism — once distributed, no additional tokens will be created.

    Presale participants not only secure tokens at a fixed price but gain early access to Nova App mining before user growth increases difficulty and dilutes returns. It’s a defined moment — structurally similar to Bitcoin under $100 — where participation is low, supply is accessible, and upside is still untapped.

    In a recent feature, Crypto Volt outlined how Bitcoin Solaris’s presale structure, mobile mining model, and supply cap recreate the early mechanics of Bitcoin itself. His breakdown shows why BTC-S is one of the few projects positioned to deliver protocol-scale wealth to individual users — not just funds and insiders.

    Presale Access:
    https://bitcoinsolaris.com

    Follow Bitcoin Solaris:

    X (Twitter): https://x.com/BitcoinSolaris
    Telegram: https://t.me/Bitcoinsolaris

    Media Contact:
    Xander Levine
    info@bitcoinsolaris.com
    Email: press@bitcoinsolaris.com

    Press Kit: [Available Upon Request]

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f3d92a04-bda3-46a5-8dc5-1da8a7560224

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d41349a6-2964-4db3-9bd2-fb6db1cf878f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7c9590f8-f573-427d-99c5-d7e355c0453c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e550c186-89f4-4f88-8c03-ec213e09e3c1

    The MIL Network –

    May 27, 2025
  • MIL-OSI Asia-Pac: President Lai meets delegation from European Parliament

    Source: Republic of China Taiwan

    Details
    2025-05-20
    President Lai hosts state banquet for President Surangel Whipps Jr. of Republic of Palau
    On the evening of May 20, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, hosted a state banquet at the Presidential Office in honor of President Surangel Whipps Jr. of the Republic of Palau and his wife. In remarks, President Lai said that he looks forward to working closely with President Whipps to promote tourism exchanges and sports cooperation so that Taiwan and Palau shine brightly together on the international stage. A translation of President Lai’s remarks follows: It is a pleasure to host this banquet tonight at the Presidential Office for President Whipps, First Lady Valerie Whipps, and the esteemed members of their delegation. Welcome to Taiwan. During my trips to Palau in 2022 and last year, President and First Lady Whipps received me with great hospitality. Wearing my island shirt, I enjoyed a very friendly reception from the people of Palau. It felt warm and friendly, just like being welcomed back home. The first time I visited Palau, President Whipps and I piloted a boat to the Milky Way lagoon. We both tried volcanic mud facial masks. We also fished together and enjoyed the breeze as we walked on the beach. Last year, on my second visit to Palau, I was honored to be invited to address the National Congress. I also observed the results of the close bilateral cooperation between our two nations. Due to its world-famous ocean scenery, Palau is sometimes referred to as “God’s aquarium.” And it is even possible to snorkel with sharks. It leaves a deep impression. Nothing compares to seeing Palau firsthand. During the COVID-19 pandemic, Taiwan and Palau launched a travel bubble that created a safe means of travel. Now, with the pandemic behind us, I hope that even more Taiwanese can tour Palau and gain a greater understanding of our diplomatic ally. In addition to tourism exchanges, I mentioned on my visit to Palau last year that I hoped Taiwan and Palau could promote sports cooperation by providing training away from home. Next month, Palau will be holding the Pacific Mini Games. And right now, Palau’s national baseball and table tennis teams are holding training sessions here in Taiwan. We will do our utmost to support Palau’s national players and we hope they stand out and achieve outstanding results in the events. I look forward to working closely with President Whipps so that Taiwan and Palau shine brightly together on the international stage. Thank you! Mesulang! President Whipps then delivered remarks, saying that it is truly an honor to be here once again one year after President Lai’s inauguration. Mentioning that this is his first state visit after being reelected to a second term, he said that it is important to be here among friends, and that we are more than friends, we are family. He thanked President Lai for the generous words and, most importantly, Taiwan’s enduring support. He remarked that our relationship continues to get stronger in each passing year. President Whipps said that President Lai’s diplomacy initiative, leadership, and vision deeply resonate with them. Diplomacy must be rooted in our shared values, he said, and an unwavering support for our allies and a commitment to a sustainable, inclusive development are all deeply appreciated by their people. President Whipps emphasized that, as we look into the future and the challenges that we face, from security to climate change, it is so important that we are united. He added that it is important for the world, and especially important for them in Palau, that they stand up for Taiwan, so that Taiwan can participate on international fora that address climate change, security, and health, because they know the world is better when Taiwan has a seat at the table. Mentioning that Palau will host the Pacific Islands Forum next year, President Whipps said that Palau remains committed to working closely with Taiwan to ensure a successful event, and that they will continue to speak up for Taiwan’s indispensable contributions as we stand together against any efforts to silence or isolate democratic partners. President Whipps said that our nations have navigated challenges and emerged stronger, bound by a partnership that is built on trust, respect, and hope for a better world. Whether it is in clean energy, education, smart medicine, or tourism, our shared journey is just beginning, he said, and we are stronger together.  Also in attendance at the banquet were Palauan Minister of State Gustav Aitaro, Minister of Public Infrastructure and Industries Charles Obichang, Minister of Human Resources, Culture, Tourism and Development Ngiraibelas Tmetuchl, Senate Floor Leader Kerai Mariur, House of Delegates Floor Leader Warren Umetaro, High Chief of Ngiwal State Elliot Udui, Governor of Peleliu State Emais Roberts, and Governor of Koror State Eyos Rudimch.

    Details
    2025-05-20
    President Lai and President Surangel S. Whipps, Jr. of Palau hold bilateral talks and witness signing of cooperation agreements  
    On the afternoon of May 20, following a welcome ceremony with military honors for President Surangel S. Whipps, Jr. of the Republic of Palau and his wife, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, held bilateral talks with President Whipps at the Presidential Office. The two leaders also jointly witnessed the signing of a technical cooperation agreement and an agreement on diplomatic staff training cooperation. In remarks, President Lai thanked Palau for standing firm in its backing of Taiwan’s international participation as geopolitical tensions continue to increase in the Pacific region. He added that he looks forward to the cooperative ties between Taiwan and Palau continuing to expand into even broader areas, allowing our economies and societies to further progress as we jointly advance peace, stability, and prosperity in the Indo-Pacific region. A translation of President Lai’s remarks follows: I welcome our guests to Taiwan once again. Last year on May 20, President Whipps led a delegation to attend the inauguration ceremony for myself and Vice President Hsiao. I am delighted, on the anniversary of my first year in office, to meet with old friends of Taiwan again, as President Whipps returns for this visit. Taiwan-Palau relations have grown even closer in recent years thanks to the strong support of President Whipps. In 2022, during my term as vice president, I led a delegation to Palau as a demonstration of how our nations were together boosting tourism development as we jointly faced the challenges of the COVID-19 pandemic. Every time I visit Palau, and every time I meet with President Whipps, I feel very deeply that Taiwan and Palau are like family. We are both maritime nations and share a common Austronesian heritage and culture. We are also staunch partners in upholding such values as freedom, democracy, and respect for human rights. Last December, when I went on my first overseas trip since taking office, one of the nations I visited was Palau. We celebrated the 30th anniversary of Palau’s independence and 25 years of diplomatic relations, underscoring our friendly ties. Taiwan and Palau enjoy close exchanges and cooperation in a range of areas, including climate change, education, agriculture and fisheries, healthcare, humanitarian assistance, sports, and culture. After this meeting, President Whipps and I will witness the signing of a technical cooperation agreement and an agreement on diplomatic staff training cooperation, demonstrating once again our diverse collaboration and strong friendship. I believe that by working together, Taiwan and Palau can contribute to each other’s development and overcome the regional and global challenges we currently face. In particular, as geopolitical tensions continue to increase in the Pacific region, Palau has wisely and courageously upheld democratic values and stood firm in its backing of Taiwan’s international participation. Palau has never stopped voicing support for Taiwan, including at the United Nations General Assembly, the World Health Organization, the UN Framework Convention on Climate Change Conference of the Parties, and the UN Ocean Conference. We have been deeply moved by this support. I thank President Whipps again for his high regard and support for Taiwan. I look forward to the cooperative ties between our nations continuing to expand into even broader areas. This will allow our economies and societies to further progress as we jointly advance peace, stability, and prosperity in the Indo-Pacific region. President Whipps then delivered remarks, saying that it is a great honor for him to be here, standing in this historic place – a symbol of strength, resilience, and the democratic spirit of the Taiwanese people. On behalf of the government of Palau, President Whipps extended heartfelt gratitude to President Lai and the people of Taiwan for the warm welcome and gracious hospitality toward him and his delegation. President Whipps then extended sincere thanks for President Lai’s visit to Palau in December – his second visit to Palau – and for having Minister of Foreign Affairs Lin Chia-lung (林佳龍) attend his inauguration as a special envoy. He added that this also marks his third visit to Taiwan since President Lai took office, saying that this demonstrates the strength of our growing relationship. President Whipps indicated that the increased engagements and numerous entrepreneurs that President Lai has brought from Taiwan to Palau have resulted in fruitful visits, and that President Lai’s leadership represents hope, unity, and continued advancement of democracy and freedom, not only for Taiwan, but for the broader Indo-Pacific region. President Whipps went on to say that this visit to Taiwan reaffirms our deep friendship and shared values between our two nations. He emphasized that Palau and Taiwan are bound not by proximity, but by purpose, in that both are island nations and believe in human dignity, the rule of law, and the right of our people to determine their own futures. President Whipps stated that although we are celebrating 26 years of diplomatic relations, Taiwan has been a steadfast partner of Palau for decades, and that one of the MOUs they are signing further extends the relationship that began in December of 1984. From healthcare and medical missions, to education, agriculture, renewable energy, infrastructure, the private sector, tourism development, and climate resilience, he said, our cooperation has improved lives and strengthened our communities. The president also indicated that during the COVID-19 pandemic, Taiwan stood with Palau, noting that both sides began the tourism bubble, and that President Lai came to Palau to reopen the two weekly direct flights that have now been increased to four. That solidarity will never be forgotten, he said. As the world faces growing uncertainty and complex challenges from climate change to global tensions, President Whipps said, this friendship becomes even more vital. The president concluded his remarks by expressing hope that both nations continue to stand together, work together, and advocate together for peace, prosperity, and for the right of small nations to be seen, heard, and respected. After the bilateral talks, President Lai and President Whipps witnessed the signing of the technical cooperation agreement and the agreement on diplomatic staff training cooperation by Minister Lin and Palauan Minister of State Gustav Aitaro. The delegation also included Palauan Minister of Public Infrastructure and Industries Charles Obichang, Minister of Human Resources, Culture, Tourism and Development Ngiraibelas Tmetuchl, Senate Floor Leader Kerai Mariur, House of Delegates Floor Leader Warren Umetaro, High Chief of Ngiwal State Elliot Udui, Governor of Peleliu State Emais Roberts, and Governor of Koror State Eyos Rudimch.  

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    Details
    2025-05-13
    President Lai interviewed by Japan’s Nikkei  
    In a recent interview with Japan’s Nikkei, President Lai Ching-te responded to questions regarding Taiwan-Japan and Taiwan-United States relations, cross-strait relations, the semiconductor industry, and the international economic and trade landscape. The interview was published by Nikkei on May 13. President Lai indicated that Nikkei, Inc. is a global news organization that has received significant recognition both domestically and internationally, and that he is deeply honored to be interviewed by Nikkei and grateful for their invitation. The president said that he would like to take this rare opportunity to thank Japan’s government, National Diet, society, and public for their longstanding support for Taiwan. Noting that current Prime Minister Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio have all strongly supported Taiwan, he said that the peoples of Taiwan and Japan also have a deep mutual affection, and that through the interview, he hopes to enhance the bilateral relationship between Taiwan and Japan, deepen the affection between our peoples, and foster more future cooperation to promote prosperity and development in both countries. In response to questions raised on the free trade system and the recent tariff war, President Lai indicated that over the past few decades, the free economy headed by the Western world and led by the US has brought economic prosperity and political stability to Taiwan and Japan. At the same time, he said, we have also learned or followed many Western values. The president said he believes that Taiwan and Japan are exemplary students, but some countries are not. Therefore, he said, the biggest crisis right now is China, which exploits the free trade system to engage in plagiarism and counterfeiting, infringe on intellectual property rights, and even provide massive government subsidies that facilitate the dumping of low-priced goods worldwide, which has a major impact on many countries including Japan and Taiwan. If this kind of unfair trade is not resolved, he said, the stable societies and economic prosperity we have painstakingly built over decades, as well as some of the values we pursue, could be destroyed. Therefore, President Lai said he thinks it is worthwhile for us to observe the recent willingness of the US to address unfair trade, and if necessary, offer assistance. President Lai emphasized that the national strategic plan for Taiwanese industries is for them to be rooted in Taiwan while expanding their global presence and marketing worldwide. Therefore, he said, while the 32 percent tariff increase imposed by the US on Taiwan is indeed a major challenge, we are willing to address it seriously and find opportunities within that challenge, making Taiwan’s strategic plan for industry even more comprehensive. When asked about Taiwan’s trade arrangements, President Lai indicated that in 2010 China accounted for 83.8 percent of Taiwan’s outbound investment, but last year it accounted for only 7.5 percent. In 2020, he went on, 43.9 percent of Taiwan’s exports went to China, but that figure dropped to 31.7 percent in 2024. The president said that we have systematically transferred investments from Taiwanese enterprises to Japan, Southeast Asia, Europe, and the US. Therefore, he said, last year Taiwan’s largest outbound investment was in the US, accounting for roughly 40 percent of the total. Nevertheless, only 23.4 percent of Taiwanese products were sold to the US, with 76.6 percent sold to places other than the US, he said.  The president emphasized that we don’t want to put all our eggs in one basket, and hope to establish a global presence. Under these circumstances, he said, Taiwan is very eager to cooperate with Japan. President Lai stated that at this moment, the Indo-Pacific and international community really need Japan’s leadership, especially to make the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) excel in its functions, and also requested Japan to support Taiwan’s CPTPP accession. The president said that Taiwan hopes to sign an Economic Partnership Agreement (EPA) with Japan to build closer ties in economic trade and promote further investment, and that we also hope to strengthen relations with the European Union, and even other regions. Currently, he said, we are proposing an initiative on global semiconductor supply chain partnerships for democracies, because the semiconductor industry is an ecosystem. The president raised the example that Japan has materials, equipment, and technology; the US has IC design and marketing; Taiwan has production and manufacturing; and the Netherlands excels in equipment, saying we therefore hope to leverage Taiwan’s advantages in production and manufacturing to connect the democratic community and establish a global non-red supply chain for semiconductors, ensuring further world prosperity and development in the future, and ensuring that free trade can continue to function without being affected by dumping, which would undermine future prosperity and development. The president stated that as we want industries to expand their global presence and market internationally while staying rooted here in Taiwan, having industries rooted in Taiwan involves promoting pay raises for employees, tax cuts, and deregulation, as well as promoting enterprise investment tax credits. He said that we have also proposed Three Major Programs for Investing in Taiwan for Taiwanese enterprises and are actively resolving issues regarding access to water, electricity, land, human resources, and professional talent so that the business community can return to Taiwan to invest, or enterprises in Taiwan can increase their investments. He went on to say that we are also actively signing bilateral investment agreements with friends and allies so that when our companies invest and expand their presence abroad, their rights and interests as investors are ensured.  President Lai mentioned that Taiwan hopes to sign an EPA with Japan, similar to the Taiwan-US Initiative on 21st-Century Trade and the Economic Prosperity Partnership Dialogue, or the Enhanced Trade Partnership arrangement with the United Kingdom, or similar agreements or memorandums of understanding with Canada and Australia that allow Taiwanese products to be marketed worldwide, concluding that those are our overall arrangements. Looking at the history of Taiwan’s industrial development, President Lai indicated, of course it began in Taiwan, and then moved west to China and south to Southeast Asia. He said that we hope to take this opportunity to strengthen cooperation with Japan to the north, across the Pacific Ocean to the east, and develop the North American market, making Taiwan’s industries even stronger. In other words, he said, while Taiwan sees the current reciprocal tariffs imposed by the US as a kind of challenge, it also views these changes positively. On the topic of pressure from China affecting Taiwan’s participation in international frameworks such as the CPTPP or its signing of an EPA with Japan, President Lai responded that the key point is what kind of attitude we should adopt in viewing China’s acts of oppression. If we act based on our belief in free trade, he said, or on the universal values we pursue – democracy, freedom, and respect for human rights – and also on the understanding that a bilateral trade agreement between Taiwan and Japan would contribute to the economic prosperity and development of both countries, or that Taiwan’s accession to the CPTPP would benefit progress and prosperity in the Indo-Pacific region, then he hopes that friends and allies will strongly support us. On the Trump administration’s intentions regarding the reciprocal tariff policy and the possibility of taxing semiconductors, as well as how Taiwan plans to respond, President Lai said that since President Trump took office, he has paid close attention to interviews with both him and his staff. The president said that several of President Trump’s main intentions are: First, he wants to address the US fiscal situation. For example, President Lai said, while the US GDP is about US$29 trillion annually, its national debt stands at US$36 trillion, which is roughly 124 percent of GDP. Second, he went on, annual government spending exceeds US$6.5 trillion, but revenues are only around US$4.5 trillion, resulting in a nearly US$2 trillion deficit each year, about 7 percent of GDP. Third, he said, the US pays nearly US$1.2 trillion in interest annually, which exceeds the US$1 trillion defense budget and accounts for more than 3 percent of GDP. Fourth, President Trump still wants to implement tax cuts, aiming to reduce taxes for 85 percent of Americans, he said, noting that this would cost between US$500 billion and US$1 trillion. These points, President Lai said, illustrate his first goal: solving the fiscal problem. President Lai went on to say that second, the US feels the threat of China and believes that reindustrialization is essential; without reindustrialization, the US risks a growing gap in industrial capacity compared to China. Third, he said, in this era of global smart technology, President Trump wants to lead the nation to become a world center of AI. Fourth, he aims to ensure world peace and prevent future wars, President Lai said. In regard to what the US seeks to achieve, he said he believes these four areas form the core of the Trump administration’s intentions, and that is why President Trump has raised tariffs, demanded that trading partners purchase more American goods, and encouraged friendly and allied nations to invest in the US, all in order to achieve these goals. President Lai indicated that the 32 percent reciprocal tariff poses a critical challenge for Taiwan, and we must treat it seriously. He said that our approach is not confrontation, but negotiation to reduce tariffs, and that we have also agreed to measures such as procurement, investment, resolving non-tariff trade barriers, and addressing origin washing in order to effectively reduce the trade deficit between Taiwan and the US. Of course, he said, through this negotiation process, we also hope to turn challenges into opportunities. The president said that first, we aim to start negotiations from the proposal of zero tariffs and seek to establish a bilateral trade agreement with the US. Second, he went on, we hope to support US reindustrialization and its aim to become a world AI hub through investment, while simultaneously upgrading and transforming Taiwan’s industries, which would help further integrate Taiwan’s industries into the US economic structure, ensuring Taiwan’s long-term development.  President Lai emphasized again that Taiwan’s national industrial strategy is for industries to stay firmly rooted in Taiwan while expanding their global presence and marketing worldwide. He repeated that we have gone from moving westward across the Taiwan Strait, to shifting southbound, to working closer northward with Japan, and now the time is ripe for us to expand eastward by investing in North America. In other words, he said, while we take this challenge seriously to protect national interests and ensure that no industry is sacrificed, we also hope these negotiations will lead to deeper Taiwan-US trade relations through Taiwanese investment in the US, concluding that these are our expectations. The president stated that naturally, the reciprocal tariffs imposed by the US will have an impact on Taiwanese industries, so in response, the Taiwanese government has already proposed support measures for affected industries totaling NT$93 billion. In addition, he said, we have outlined broader needs for Taiwan’s long-term development, which will be covered by a special budget proposal of NT$410 billion, noting that this has already been approved by the Executive Yuan and will be submitted to the Legislative Yuan for review. He said that this special budget proposal addresses four main areas: supporting industries, stabilizing employment, protecting people’s livelihoods, and enhancing resilience. As for tariffs on semiconductors, President Lai said, Taiwan Semiconductor Manufacturing Company (TSMC) has committed to investing in the US at the request of its customers. He said he believes that TSMC’s industry chain will follow suit, and that these are concrete actions that are unrelated to tariffs. However, he said, if the US were to invoke Section 232 and impose tariffs on semiconductors or related industries, it would discourage Taiwanese semiconductor and ICT investments in the US, and that we will make this position clear to the US going forward. President Lai indicated that among Taiwan’s exports to the US, there are two main categories: ICT products and electronic components, which together account for 65.4 percent. These are essential to the US, he said, unlike final goods such as cups, tables, or mattresses. He went on to say that what Taiwan sells to the US are the technological products required by AI designers like NVIDIA, AMD, Amazon, Google, and Apple, and that therefore, we will make sure the US understands clearly that we are not exporting end products, but the high-tech components necessary for the US to reindustrialize and become a global AI center. Furthermore, the president said, Taiwan is also willing to increase its defense budget and military procurement. He stated that Taiwan is committed to defending itself and is strongly willing to cooperate with friends and allies to ensure regional peace and stability, and that this is also something President Trump hopes to see. Asked whether TSMC’s fabs overseas could weaken Taiwan’s strategic position as a key hub for semiconductor manufacturing, and whether that could then give other countries fewer incentives to protect Taiwan, President Lai responded by saying that political leaders around the world including Japan’s Prime Minister Ishiba and former Prime Ministers Abe, Suga, and Kishida have emphasized, at the G7 and other major international fora, that peace and stability in the Taiwan Strait are essential for global security and prosperity. In other words, he explained, the international community cares about Taiwan and supports peace and stability in the Taiwan Strait because Taiwan is located in the first island chain in the Indo-Pacific, directly facing China. He pointed out that if Taiwan is not protected, China’s expansionist ambitions will certainly grow, which would impact the current rules-based international order. Thus, he said, the international community willingly cares about Taiwan and supports stability in the Taiwan Strait – that is the reason, and it has no direct connection with TSMC. He noted that after all, TSMC has not made investments in that many countries, stressing that, on that point, it is clear. President Lai said that TSMC’s investments in Japan, Europe, and the US are all natural, normal economic and investment activities. He said that Taiwan is a democratic country whose society is based on the rule of law, so when Taiwanese companies need to invest around the world for business needs, the government will support those investments in principle so long as they do not harm national interests. President Lai said that after TSMC Chairman C.C. Wei (魏哲家) held a press conference with President Trump to announce the investment in the US, Chairman Wei returned to Taiwan to hold a press conference with him at the Presidential Office, where the chairman explained to the Taiwanese public that TSMC’s R&D center will remain in Taiwan and that the facilities it has already committed to investing in here will not change and will not be affected. So, the president explained, to put it another way, TSMC will not be weakened by its investment in the US. He further emphasized that Taiwan has strengths in semiconductor manufacturing and is very willing to work alongside other democratic countries to promote the next stage of global prosperity and development. A question was raised about which side should be chosen between the US and China, under the current perception of a return to the Cold War, with East and West facing off as two opposing blocs. President Lai responded by saying that some experts and scholars describe the current situation as entering a new Cold War era between democratic and authoritarian camps; others assert that the war has already begun, including information warfare, economic and trade wars, and the ongoing wars in Europe – the Russo-Ukrainian War – and the Middle East, and the Israel-Hamas conflict. The president said that these are all matters experts have cautioned about, noting that he is not a historian and so will not attempt to define today’s political situation from an academic standpoint. However, he said, he believes that every country has a choice, which is to say, Taiwan, Japan, or any other nation does not necessarily have to choose between the US and China. What we are deciding, he said, is whether our country will maintain a democratic constitutional system or regress into an authoritarian regime, and this is essentially a choice of values – not merely a choice between two major powers. President Lai said that Taiwan’s situation is different from other countries because we face a direct threat from China. He pointed out that we have experienced military conflicts such as the August 23 Artillery Battle and the Battle of Guningtou – actual wars between the Republic of China and the People’s Republic of China. He said that China’s ambition to annex Taiwan has never wavered, and that today, China’s political and military intimidation, as well as internal united front infiltration, are growing increasingly intense. Therefore, he underlined, to defend democracy and sovereignty, protect our free and democratic system, and ensure the safety of our people’s lives and property, Taiwan’s choice is clear. President Lai said that China’s military exercises are not limited to the Taiwan Strait, and include the East China Sea, South China Sea, and even the Sea of Japan, as well as areas around Korea and Australia. Emphasizing that Taiwan, Japan, Australia, and the Philippines are all democratic nations, the president said that Taiwan’s choice is clear, and that he believes Japan also has no other choice. We are all democratic countries, he said, whose people have long pursued the universal values of democracy, freedom, and respect for human rights, and that is what is most important. Regarding the intensifying tensions between the US and China, the president was asked what roles Taiwan and Japan can play. President Lai responded that in his view, Japan is a powerful nation, and he sincerely hopes that Japan can take a leading role amid these changes in the international landscape. He said he believes that countries in the Indo-Pacific region are also willing to respond. He suggested several areas where we can work together: first, democracy and peace; second, innovation and prosperity; and third, justice and sustainability. President Lai stated that in the face of authoritarian threats, we should let peace be our beacon and democracy our compass as we respond to the challenges posed by authoritarian states. Second, he added, as the world enters an era characterized by the comprehensive adoption of smart technologies, Japan and Taiwan should collaborate in the field of innovation to further drive regional prosperity and development. Third, he continued, is justice and sustainability. He explained that because international society still has many issues that need to be resolved, Taiwan and Japan can cooperate for the public good, helping countries in need around the world, and cooperating to address climate change and achieve net-zero transition by 2050. Asked whether he hopes that the US will continue to be a leader in the liberal democratic system, President Lai responded by saying that although the US severed diplomatic ties with the Republic of China, for the past few decades it has assisted Taiwan in various areas such as national defense, security, and countering threats from China, based on the Taiwan Relations Act and the Six Assurances. He pointed out that Taiwan has also benefited, directly and indirectly, in terms of politics, democracy, and economic prosperity thanks to the US, and so Taiwan naturally hopes that the US remains strong and continues to lead the world. President Lai said that when the US encounters difficulties, whether financial difficulties, reindustrialization issues, or becoming a global center for AI, and hopes to receive support from its friends and allies to jointly safeguard regional peace and stability, Taiwan is willing to stand together for a common cause. If the US remains strong, he said, that helps Taiwan, the Indo-Pacific region, and the world as a whole. Noting that while the vital role of the US on the global stage has not changed, the president said that after decades of shouldering global responsibilities, it has encountered some issues. Now, it has to make adjustments, he said, stating his firm belief that it will do so swiftly, and quickly resume its leadership role in the world. Asked to comment on remarks he made during his election campaign that he would like to invite China’s President Xi Jinping for bubble tea, President Lai responded that Taiwan is a peace-loving country, and Taiwanese society is inherently kind, and therefore we hope to get along peacefully with China, living in peace and mutual prosperity. So, during his term as vice president, he said, he was expressing the goodwill of Taiwanese society. Noting that while he of course understands that China’s President Xi would have certain difficulties in accepting this, he emphasized that the goodwill of Taiwanese society has always existed. If China reflects on the past two or three decades, he said, it will see that its economy was able to develop with Taiwan as its largest foreign investor. The president explained that every year, 1 to 2 million Taiwanese were starting businesses or investing in China, creating numerous job opportunities and stabilizing Chinese society. While many Taiwanese businesses have profited, he said, Chinese society has benefited even more. He added that every time a natural disaster occurs, if China is in need, Taiwanese always offer donations. Therefore, the president said, he hopes that China can face the reality of the Republic of China’s existence and understand that the people of Taiwan hope to continue living free and democratic lives with respect for human rights. He also expressed hope that China can pay attention to the goodwill of Taiwanese society. He underlined that we have not abandoned the notion that as long as there is parity, dignity, exchange, and cooperation, the goodwill of choosing dialogue over confrontation and exchange over containment will always exist. Asked for his view on the national security reforms in response to China’s espionage activities and infiltration attempts, President Lai said that China’s united front infiltration activities in Taiwan are indeed very serious. He said that China’s ambitions to annex Taiwan rely not only on the use of political and military intimidation, but also on its long-term united front and infiltration activities in Taiwanese society. Recently, he pointed out, the Taiwan High Prosecutors Office of the Ministry of Justice prosecuted 64 spies, which is three times the number in 2021, and in addition to active-duty military personnel, many retired military personnel were also indicted. Moreover, he added, Taiwan also has the Chinese Unification Promotion Party, which has a background in organized crime, Rehabilitation Alliance Party, which was established by retired military personnel, and Republic of China Taiwan Military Government, which is also composed of retired generals. He explained that these are all China’s front organizations, and they plan one day to engage in collaboration within Taiwan, which shows the seriousness of China’s infiltration in Taiwan. Therefore, the president said, in the recent past he convened a high-level national security meeting and proposed 17 response strategies across five areas. He then enumerated the five areas: first, to address China’s threat to Taiwan’s sovereignty; second, to respond to the threat of China’s obscuring the Taiwanese people’s sense of national identity; third, to respond to the threat of China’s infiltrating and recruiting members of the ROC Armed Forces as spies; fourth, to respond to the threat of China’s infiltration of Taiwanese society through societal exchanges and united front work; and fifth, to respond to the threat of China using “integration plans” to draw Taiwan’s young people and Taiwanese businesses into its united front activities. In response to these five major threats, he said, he has proposed 17 response strategies, one of which being to restore the military trial system. He explained that if active-duty military personnel commit military crimes, they must be subject to military trials, and said that this expresses the Taiwanese government’s determination to respond to China’s united front infiltration and the subversion of Taiwan. Responding to the question of which actions Taiwan can take to guard against China’s threats to regional security, President Lai said that many people are worried that the increasingly tense situation may lead to accidental conflict and the outbreak of war. He stated his own view that Taiwan is committed to facing China’s various threats with caution. Taiwan is never the source of these problems, he emphasized, and if there is an accidental conflict and it turns into a full-scale war, it will certainly be a deliberate act by China using an accidental conflict as a pretext. He said that when China expanded its military presence in the East China Sea and South China Sea, the international community did not stop it; when China conducted exercises in the Taiwan Strait, the international community did not take strong measures to prevent this from happening. Now, he continued, China is conducting gray-zone exercises, which are aggressions against not only the Taiwan Strait, the South China Sea, and the East China Sea, but also extending to the Sea of Japan and waters near South Korea. He said that at this moment, Taiwan, the Philippines, Japan, and even the US should face these developments candidly and seriously, and we must exhibit unity and cooperation to prevent China’s gray-zone aggression from continuing to expand and prevent China from shifting from a military exercise to combat. If no action is taken now, the president said, the situation may become increasingly serious. Asked about the view of some US analysts who point out that China will have the ability to invade Taiwan around 2027, President Lai responded that Taiwan, as the country on the receiving end of threats and aggression, must plan for the worst and make the best preparations. He recalled a famous saying from the armed forces: “Do not count on the enemy not showing up; count on being ready should it strike.” This is why, he said, he proposed the Four Pillars of Peace action plan. First, he said, we must strengthen our national defense. Second, he added, we must strengthen economic resilience, adding that not only must our economy remain strong, but it must also be resilient, and that we cannot put all our eggs in the same basket, in China, as we have done in the past. Third, he continued, we must stand shoulder to shoulder with friends and allies such as Japan and the US, as well as the democratic community, and we must demonstrate the strength of deterrence to prevent China from making the wrong judgment. Fourth, he emphasized, as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China and seek cross-strait peace and mutual prosperity through exchanges and cooperation. Regarding intensifying US-China confrontation, the president was asked in which areas he thinks Taiwan and Japan should strengthen cooperation; with Japan’s Ishiba administration also being a minority government, the president was asked for his expectations for the Ishiba administration. President Lai said that in the face of rapid and tremendous changes in the political situation, every government faces considerable challenges, especially for minority governments, but the Japanese government led by Prime Minister Ishiba has quite adequately responded with various strategies. Furthermore, he said, Japan is different from Taiwan, explaining that although Japan’s ruling party lacks a majority, political parties in Japan engage in competition domestically while exhibiting unity externally. He said that Taiwan’s situation is more challenging, because the ruling and opposition parties hold different views on the direction of the country, due to differences in national identity. The president expressed his hope that in the future Taiwan and Japan will enjoy even more comprehensive cooperation. He stated that he has always believed that deep historical bonds connect Taiwan and Japan. Over the past several decades, he said, when encountering natural disasters and tragedies, our two nations have assisted each other with mutual care and support. He said that the affection between the people of Taiwan and Japan is like that of a family. Pointing out that both countries face the threat of authoritarianism, he said that we share a mission to safeguard universal values such as democracy, freedom, and respect for human rights. The president said that our two countries should be more open to cooperation in various areas to maintain regional peace and stability as well as to strengthen cooperation in economic and industrial development, such as for semiconductor industry chains and everyday applications of AI, including robots and drones, adding that we can also cooperate on climate change response, such as in hydrogen energy and other strategies. He said our two countries should also continue to strengthen people-to-people exchanges. He then took the opportunity to once again invite our good friends from Japan to visit Taiwan for tourism and learn more about Taiwan, saying that the Taiwanese people wholeheartedly welcome our Japanese friends.  

    Details
    2025-05-09
    President Lai extends congratulations on election of His Holiness Pope Leo XIV  
    Following the successful election of the 267th pope of the Roman Catholic Church, His Holiness Pope Leo XIV, on May 8, President Lai Ching-te extended sincere congratulations on behalf of the people and government of Taiwan, including its Catholic community. The president stated that he looks forward to working with Pope Leo XIV to continue deepening cooperation in the area of humanitarian aid and jointly defend the universal value of religious freedom, expanding and strengthening the alliance between Taiwan and the Vatican. Upon learning of the election results, President Lai directed the Republic of China (Taiwan) Embassy to the Holy See to convey a message of congratulations. In the message, President Lai extended sincere congratulations to Pope Leo XIV on behalf of the people and government of Taiwan, including its Catholic community, expressing confidence that His Holiness will lead the Catholic Church and its 1.4 billion followers worldwide with profound wisdom. President Lai also emphasized that Taiwan looks forward to continuing to work alongside the Holy See in the shared pursuit of peace, justice, religious freedom, solidarity, friendship, and human dignity. This year marks the 83rd anniversary of the establishment of diplomatic ties between Taiwan and the Vatican. Enjoying a strong alliance, Taiwan and the Vatican share such universal values as freedom of religion, respect for human rights, peace, and benevolence, and conduct close exchanges. Taiwan will continue to engage in exchanges and cooperation with the Holy See, further strengthen bilateral relations, and work alongside the Holy See to contribute even more to the world.  

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News –

    May 27, 2025
  • MIL-OSI: The Eclipse Foundation and the Adoptium Working Group Announce the Latest Eclipse Temurin Open Source Java SE Runtime

    Source: GlobeNewswire (MIL-OSI)

    BRUSSELS, May 27, 2025 (GLOBE NEWSWIRE) — The Eclipse Foundation, a leading open source foundation, in collaboration with the Adoptium Working Group, today announced the latest release of Eclipse Temurin’s Java SE runtime. As organisations around the world reevaluate their approach to Java, given recent changes in licensing and support costs, Eclipse Temurin continues to see incredible growth, having just surpassed 600 million downloads, rapidly approaching double the 380 million recorded at this time last year. This release improves stability, security, and platform coverage, including updates to Windows AWT behavior, Docker image cleanup, and expanded support for AIX ppc64 systems. These updates reinforce Temurin’s focus on platform relevance, modernisation, and enterprise-grade stability.

    “Eclipse Temurin’s incredible growth reflects a clear shift in how enterprises are managing their Java enterprise application infrastructure. Organisations are seeking secure, high-quality, open source, and vendor-neutral alternatives, and Temurin delivers just that,” said Mike Milinkovich, executive director of the Eclipse Foundation. “With this latest release, we’re continuing to deliver the quality and assurance organisations expect from commercial offerings, while also introducing new ways for the community to support and sustain this momentum.”

    The latest Eclipse Temurin release (8u452, 11.0.27, 17.0.15, 21.0.7, 24.0.1) includes:

    • Reverted AWT headless detection on Windows to avoid regressions.
    • Removed outdated Docker images for Windows ServerCore & NanoCore (1809).
    • Added AIX ppc64 support for JDK 24, improving enterprise platform reach.
    • Delayed Windows aarch64 build for JDK 24 due to unresolved test issues.

    In addition to the latest release, the Adoptium Working Group is also introducing two related initiatives to educate enterprises and ensure Eclipse Temurin’s continued growth remains sustainable. First, the Working Group released a new ROI calculator that helps organisations quantify the financial impact of switching to open source Java, with enterprises reporting average annual savings of over $1.6 million after migrating from paid Java SE options to open source solutions like Eclipse Temurin. The Working Group also launched the Temurin Sustainer Program, which encourages reinvestment in the technology infrastructure that powers mission-critical Java workloads.

    The Eclipse Temurin Sustainer Program invites enterprises benefiting from Temurin to contribute a portion of their savings back into the project. Contributions are not required, and supporters can choose from several flexible funding tiers based on their estimated savings and scale of usage. These funds support faster releases, security maintenance, and expanded test infrastructure. The Temurin ROI calculator, available here, provides personalised estimates of Java support cost savings for organisations of any size.

    The Temurin Sustainer Program is not just about cost efficiency but also about supporting one of the most critical elements of an enterprise’s technology stack. For enterprises relying on open source solutions like Eclipse Temurin, this program enables them to optimise their investment in Java and contribute to the broader innovation driving this ecosystem forward.

    The Eclipse AQAvit project is a prime example of how the Temurin Sustainer Program will continue to drive innovation, enabling smarter automation, better test coverage, and faster delivery across Java SE runtimes. Eclipse AQAvit™ is the quality and runtime branding evaluation project for Java SE runtimes and associated technology. During a release, it takes a functionally complete Java runtime and ensures that all the additional qualities are present that make it suitable for production use. Interested parties can learn about new and upcoming features here.

    About the Adoptium Working Group
    The Adoptium Working Group promotes and supports secure, high-quality, TCK-certified runtimes and associated technologies, backed by 84 dedicated contributors and 11 member companies, including Java ecosystem leaders and enterprise users. The Strategic Members of the Adoptium Working Group include Alibaba Cloud, Azul Systems, Google, Microsoft, Red Hat, and Rivos. The Adoptium Marketplace extends this leadership role and gives even more organisations a means of distributing their binaries.

    If your organisation is interested in participating in the Adoptium Working Group, you can view the Charter and Participation Agreement or email us at membership@eclipse.org. Companies can also participate as sponsors. Both membership and sponsorship help assure the sustainability of the Adoptium Working Group and certified open source runtimes for the developer community.

    About the Eclipse Foundation
    The Eclipse Foundation provides our global community of individuals and organisations with a business-friendly environment for open source software collaboration and innovation. We host the Eclipse IDE, Adoptium, Software Defined Vehicle, Jakarta EE, and over 420 open source projects, including runtimes, tools, specifications, and frameworks for cloud and edge applications, IoT, AI, automotive, systems engineering, open processor designs, and many others. Headquartered in Brussels, Belgium, the Eclipse Foundation is an international non-profit association supported by over 300 members. To learn more, follow us on social media @EclipseFdn, LinkedIn, or visit eclipse.org.
    Third-party trademarks mentioned are the property of their respective owners.

    Media contacts:
    Schwartz Public Relations (Germany)
    Gloria Huppert/Marita Bäumer
    Sendlinger Straße 42A
    80331 Munich
    EclipseFoundation@schwartzpr.de
    +49 (89) 211 871 -70/ -62

    514 Media Ltd (France, Italy, Spain)
    Benoit Simoneau
    benoit@514-media.com
    M: +44 (0) 7891 920 370

    Nichols Communications (Global Press Contact)
    Jay Nichols
    jay@nicholscomm.com
    +1 408-772-1551

    The MIL Network –

    May 27, 2025
  • MIL-OSI: Nokia accelerates mass market multi-Gig broadband with new high-density 25G PON line card

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia accelerates mass market multi-Gig broadband with new high-density 25G PON line card

    • The new 16-port line card solution is optimized for mass market 25G PON, ensuring multi-gigabit can be delivered in a cost-effective way to everyone without compromise.
    • Nokia’s 25G PON line card, based on the Quillion chipset, supports GPON, XGS, and 25G PON, providing flexible upgrade options that can future-proof fiber access networks.
    • 25G PON is the fastest, greenest and most cost-effective way to deliver multi-gig and 10G+ residential services.

    27 May 2025
    Espoo, Finland – Nokia today announced the launch of a new 25G PON high-density line card designed to deliver mass market, multi-gig, residential broadband services that users expect from a premium broadband experience. Supporting a diverse range of PON technology options, the new solution provides operators with a cost-effective way to deliver true 10Gb/s broadband services in a cost-effective way. The 16-port line card, based on Nokia’s Quillion chipset, supports GPON, XGS-PON, 25G PON and multi-PON variants like GPON + XGS-PON, XGS+25G PON and GPON + XGS + 25G PON on every port, giving operators the flexibility to seamlessly evolve with market demands.         

    The need for multi-gigabit is gaining momentum as operators look to move beyond providing sustained, average bandwidth toward differentiated services that can handle bursty, high-peak traffic demands and deliver superior customer experiences. End-users also increasingly seek high-speed upstream and downstream connectivity for real-time access to the cloud, gaming, home working and Wi-Fi 7. With 10G+ connectivity, games can be downloaded in minutes versus an hour with 1 Gigabit speeds, data and application in the cloud can be accessed instantaneously, and Wi-Fi 7 can be effectively backhauled.

    “We’re helping operators deliver unbeatable multi-gigabit experiences today with our new 25G PON solution. It combines speed, scale, and efficiency — giving service providers an efficient path to new revenue streams, without having to rethink their entire network,” said Geert Heyninck, General Manager, Broadband Networks at Nokia.

    “Being able to cost-effectively scale multi-gigabit and true 10Gb/s services across their entire residential subscriber base is critical for service providers in increasingly competitive broadband markets. The ability to offer the highest speeds, and handle high-peak traffic demands with the lowest latency and jitter is how providers will stand out from the crowd and keep subscribers happy,” said Jeff Heynen, Vice President, Broadband Access and Home Networking at Dell’Oro Group.

    Expanding Nokia’s comprehensive 25G PON portfolio, the new line cards can be paired with Nokia’s fiber modems to provide a future-proof, cost-efficient, end-to-end solution for mass market 25G PON residential and enterprise service deployments. Today 20 operators, including Google Fiber, and Hong Kong Broadband are using Nokia’s proven 25G PON technology to address demand for faster broadband speeds.

    “Fiber is a strategic asset that ensures our network can scale and adapt to changing customer needs. The ability to seamlessly upgrade from GPON to XGS-PON and now 25G PON, along with our unique coexistence technology, reflects our commitment to staying ahead of the curve. 25G PON strengthens our competitive position, enabling us to deliver high-speed, future-proof connectivity for businesses and an expanding base of residential customers who increasingly depend on fast, reliable broadband for cloud services, gaming, and immersive digital experiences,” said Veronica Bloodworth, EVP and Chief Network Officer at Frontier.

    Multimedia, technical information and related news 
    Web Page: Nokia 25G PON

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. 

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

    May 27, 2025
  • MIL-OSI Europe: OSCE launches Regional Task Force on Education for Just and Inclusive Energy Transition in Central Asia

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE launches Regional Task Force on Education for Just and Inclusive Energy Transition in Central Asia

    As the renewable energy sector in Central Asia grows, so does the need for a skilled and inclusive workforce to support it. In response, the OSCE and the Regional Environmental Centre for Central Asia (CAREC) officially launched the OSCE Regional Task Force on Education for Just and Inclusive Energy Transition (RTEET) in Central Asia with a kick-off meeting in Almaty, Kazakhstan, on 22 and 23 May.
    The RTEET initiative brings together key stakeholders from across Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, including representatives from ministries of energy and education, universities, technical colleges, private sector actors and development partners. Its main goals are to develop pilot curricula in renewable energy and foster long-term collaboration between the education and energy sectors.
    “Education plays a critical role in accelerating the energy transition — but it must be inclusive and adaptable” said Giulia Manconi, Senior Energy Security Adviser at the OSCE. “The OSCE is committed to supporting countries in building the human capital needed for a green and just future. This includes helping to align education systems with evolving energy demands, and empowering women and young professionals in the renewable energy sector”,
    At the two-day meeting, government officials, academic leaders, energy experts, and international partners discussed how renewable energy education can be better aligned with labor market needs, while advancing gender equality and inclusivity within the energy transition.
    Participants also reviewed the preliminary findings of a regional needs assessment conducted by the OSCE, which identified key skill gaps, institutional challenges, and priorities for curriculum development across the five Central Asian countries. The event also included site visits to the scientific laboratories of Kazakh-British Technical University and Satbayev University, where cutting-edge energy technologies were showcased.
    The RTEET initiative will run from March 2025 to May 2026. Major milestones include the development of a regional renewable energy course, pilot implementation in selected institutions, and policy consultations to help mainstream renewable energy education throughout the region.
    The initiative is part of the OSCE extrabudgetary project “Promoting Women’s Economic Empowerment in the Energy Sector in Central Asia”, funded by Austria, France, Germany, Italy, Norway and Poland.
    Further resources, materials, and updates about RTEET will be posted here.

    MIL OSI Europe News –

    May 27, 2025
  • MIL-OSI Security: Busted: 14 cocaine traffickers arrested in joint operation in Belgium and Italy

    Source: Europol

    The operation took place in April 2025 and led to:14 arrests (11 in Belgium, 2 in Germany, 1 in Italy)11 house searches in Belgium and ItalyThe seizure of over 780 kg of cocaineThe dismantlement of an underground laboratoryCocaine paste shipped from Colombia to the EUIn the framework of intelligence activities underway with its operational counterparts in the framework of the…

    MIL Security OSI –

    May 27, 2025
  • MIL-OSI Economics: Steven Maijoor: A race we cannot afford to lose – cybersecurity in an age of geopolitical tensions

    Source: Bank for International Settlements

    On April 22 the Dutch Military Intelligence and Security Service reported that it had detected a Russian cyberattack targeted at a Dutch critical public service. It was the first time a state-sponsored cyberattack was reported in the Netherlands. Which is not the same as saying that it happened for the first time.

    Geopolitical tensions have been rising for more than a decade, but over the past few years they have accelerated. Needless to say this is bad news for the world economy and the financial sector. But perhaps in no area is the geopolitical threat so real and acute as in the digital domain.

    State-sponsored cyberattacks are often very well concealed, so we do not have reliable numbers on how often they occur. But anecdotal information from intelligence agencies suggest their number is increasing.

    Traditionally, the financial sector has been targeted by cyber criminals with financial motives. But with the changing geopolitical climate, nation-state cyberattacks on financial institutions have become a realistic possibility. The aim of nation-state actors is usually not financial gain, but disruption. For them, the financial sector is an attractive target. The sector is crucial to the functioning of the economy. Also, many financial firms depend on the same third-party service providers. If one of these suppliers is attacked, large chunks of the financial sector may experience the knock-on effects. As we showed in our latest Financial Stability overview, a quarter of all reported global cyberattacks – so including energy and telecom – can potentially affect the financial sector through this channel.

    Artificial Intelligence is likely to reinforce the cybersecurity threat. AI makes cyber-attacks more sophisticated. At least some of them, like phishing. Also, the scale, access and speed of cyber-attacks will probably go up.

    Recently, we have seen this very clearly in the context of cyber-crime. For example, by enabling very advanced deepfakes. We had the rather spectacular case of a finance worker in Hong Kong, who was tricked into paying out $ 25 million. The fraudsters used deepfakes to pose as the company’s CFO in a videoconference call. Although nation-state actors use AI, we have not yet observed them using these techniques to create large scale disruptions. But what if nation-state actors fully exploit the potential of AI, and use it to disrupt vital processes on a larger scale?

    When we talk about financial institutions in this context, most people will first of all think of banks. But for you, I think Central Counterparty Clearing Houses and other market infrastructures are perhaps just as important. Many of you depend on them for the trading, clearing and settlement of transactions in foreign exchange, securities, options and derivatives.

    Market infrastructures occupy a unique position in the cyberthreat landscape. They seem to be targeted less, but if, for example, CCPs are attacked successfully, the impact could be very high. This is partly because there are relatively few of them. If party A goes down, it can be difficult for party B to compensate. Their attack surface is also relatively smaller because they offer fewer types of services compared to banks. Also, they have fewer public-facing web applications, and fewer customers than banks. However, the systems they do operate are highly advanced and very important for the functioning of the financial system.

    All of these features make them an attractive target for nation-state actors who want to cause maximum disruption. This does not mean that market infrastructure parties are currently being attacked. But given the geopolitical situation, tomorrow’s reality could be different.

    What makes CCPs potentially more vulnerable than banks is that most of them have outsourced part of their cybersecurity. That is understandable. If you are a large bank, having a few hundred cybersecurity experts is an affordable investment. CCPs do not have the resources for this. To them, outsourcing provides access to expertise and higher standards for cyber and information security. But the drawback of course is that it makes CCPs dependent on external parties, and it makes their cyber defence more complex.

    All this means CCPs need to stay alert. Cyber resilience is at least as important for CCPs as it is for other financials.

    Many financial institutions have taken big steps in recent years to boost their cyber resilience. But given the size, urgency and evolving nature of the threat, we need to do even more to keep financial services safe. It seems more and more that we are involved in a digital arms race. A race with a sophisticated and cunning opponent. A race in which we want to be roadrunner, and not the coyote.

    This is why cyber resilience will absolutely be a key focus area in our supervision of the financial industry in the coming years. Our aim as a supervisor is to make financial services and the financial system safer against cyber threats. Not only by increasing the resilience of the financial sector itself, but also by stepping up the robustness of the entire chain of ICT service providers. DORA, the European Digital Operational Resilience Act, that came into effect at the beginning of this year, gives us additional tools to accomplish this aim.

    To start with, under DORA, threat-led penetration tests are mandatory for the largest financial institutions in Europe. In the Netherlands we have been conducting these kinds of tests voluntarily for over eight years with good results, and we are very pleased that it is now becoming the norm at the European level. The largest CCPs within the EU will be part of the group of financial institutions for which the penetration tests will be mandatory.

    But DORA also imposes stricter requirements for managing cyber risks in outsourcing chains. For example, financial firms face stricter rules for conducting due diligence on potential ICT providers. And very importantly, under DORA, European supervisors can conduct inspections of critical third-party ICT service providers in tandem with national supervisory authorities. We expect big techs like Google and Microsoft to be placed under EU-wide supervision. And, just as with the banks, we are going to test their readiness to detect and withstand cyberattacks.

    Despite all efforts, there is no such thing as perfect cyber security. It is therefore vital that financial institutions take measures to recover quickly after cyber incidents. This is crucial to ensure that services can continue and people don’t lose trust in financial firms or the financial sector as a whole.

    The results of the ECB’s 2024 cyber stress test of a group of banks show that there is room for improvement on the recovery front. So it’s a very good thing that DORA also imposes new requirements on institutions’ continuity plans and backup policies. They need to develop a culture where cyber incidents are quickly detected and reported. They need to have their playbooks in place. And they need to have clearly defined management roles and responsibilities. And this includes good crisis communication, which is absolutely essential. These are all key ingredients for an effective response after a cyberattack.

    But even if we all have our own house in order, that is not enough. Because on a digital level the financial sector is so interconnected, and connected to other vital sectors of the economy as well, that some degree of overall coordination and cooperation is necessary.

    Governments should take the lead to improve cross-sectoral cooperation and coordination. They must continue to conduct large-scale cyber-drills and practice activating crisis plans. The insights gained should be used to enhance resilience.

    Under the new legislation supervisors also have an obligation to cooperate closely with other sectors. DNB is putting this into practice by working with sectors that are most critical to the financial sector, such as energy and telecommunications. Within our mandate, we support these sectors with information, cooperation and ethical hacking experience.

    To keep financial institutions and the financial system safe, resilience against cyberattacks has become just as important as holding sufficient capital and liquidity. So we need to do whatever we can to further boost it. Both in terms of detection and recovery. And we need to work together. Governments, banks, market infrastructures, supervisors, telecom, energy and other vital players in the outsourcing chain. Because this is a race we cannot afford to lose.

    MIL OSI Economics –

    May 27, 2025
←Previous Page
1 … 169 170 171 172 173 … 190
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

  • Blog
  • About
  • FAQs
  • Authors
  • Events
  • Shop
  • Patterns
  • Themes

Twenty Twenty-Five

Designed with WordPress