NewzIntel.com

Category: Eurozone

  • MIL-OSI Europe: Answer to a written question – Sales of alcoholic beverages in Sweden on producers’ sites – E-001654/2025(ASW)

    Source: European Parliament

    On 5 July 2024, Sweden notified the ‘Draft Act amending the Alcohol Act (2010:1622)’ to the Commission under Directive (EU) 2015/1535[1] under the reference 2024/388/SE[2].

    The Commission issued a request for supplementary information on 2 August 2024 and Sweden answered to the Commission’s request on 16 August 2024.

    Portugal issued a detailed opinion. The Commission did not react on the ‘Draft Act amending the Alcohol Act (2010:1622)’. The final text of the measure at issue has not been notified to the Commission yet.

    According to the case-law, Article 37 of the Treaty on the Functioning of the EU[3] may be applied in the context of alcohol monopolies by ensuring that monopolies are organised and operated in such a way as to exclude discrimination between nationals of Member States.

    Monopolies must pursue objectives of general interest, such as the protection of public health, without placing goods from other Member States at a disadvantage[4].

    According to the information which has been provided to the Commission, the Swedish legislative proposal does not change the rules on which products are listed by Systembolaget and still requires all operators, together with all interested manufacturers, to meet the criteria applicable to each range.

    The on-site farm sales are intended to be of limited scope and are not meant to constitute ordinary retail sales or an alternative to Systembolaget’s retail trade.

    The Commission exercises discretionary powers in deciding whether reacting under Directive (EU) 2015/1535, based on the potential impact of the measure on the internal market.

    The absence of a reaction from the Commission under Directive (EU) 2015/1535 to a draft technical regulation does not prejudice any decision that might be taken under other EU acts.

    • [1] Directive (EU) 2015/1535 of the European Parliament and the Council of 9 September 2015 laying down a procedure for the provision of information in the field of technical regulations and of rules on Information Society services, OJ L 241, 17.9.2015, p. 1.
    • [2] https://technical-regulation-information-system.ec.europa.eu/en/notification/26051.
    • [3] https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:12016E037.
    • [4] Case C-198/14, Visnapuu, 12 November 2015, ECLI:EU:C:2015:751, paragraph 95.
    Last updated: 9 July 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Ensuring proper connectivity between Rudozem, Bulgaria and Xanthi, Greece – E-001694/2025(ASW)

    Source: European Parliament

    1. The Commission is aware of the situation concerning the Rudozem-Xanthi Road section, which forms part of the trans-European transport network (TEN-T) comprehensive network and has addressed the situation with Greece. The timely development of this infrastructure is important for improving cross-border connectivity and is relevant in the context of the Schengen Borders Code. The Commission underlines the responsibility of the Member States concerned to ensure that infrastructure projects are delivered in line with their commitments under the TEN-T Regulation[1], which foresees the completion of the comprehensive network by 2050.

    2. Delays in making this cross-border section operational may affect progress towards key policy goals, including the reduction of transport pressure on other corridors and improvements in road safety. While the Commission has not carried out a specific assessment of the economic or social impacts of this particular delay, well-functioning transport links are known to contribute to both regional development and the objectives of the EU’s Vision Zero strategy[2], which aims to eliminate road deaths by 2050.

    3. The Commission encourages the competent national authorities to take the necessary steps to address the outstanding issues and ensure that this section of the TEN-T network becomes fully operational. Continued dialogue and coordination between the Member States concerned remain essential to achieve proper cross-border connectivity in line with the broader objectives of the TEN-T policy.

    • [1] https://eur-lex.europa.eu/eli/reg/2024/1679/oj/eng.
    • [2] https://cinea.ec.europa.eu/document/download/1c3740d6-a8bf-4be8-b4b2-ad6324299dfe_en?filename=H2020%20Transport-Road%20Safety%202022-web.pdf.
    Last updated: 9 July 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – The scourge of Sargassum – E-002707/2025

    Source: European Parliament

    Question for written answer  E-002707/2025
    to the Commission
    Rule 144
    Rody Tolassy (PfE), André Rougé (PfE), France Jamet (PfE), Marie-Luce Brasier-Clain (PfE), Marie Dauchy (PfE), Pierre Pimpie (PfE), Virginie Joron (PfE), Angéline Furet (PfE), Mélanie Disdier (PfE)

    A few days ago in Nice, the Commission President unveiled the European ocean pact. In the West Indies, however, our children are still having to breathe in toxic fumes emanating from rotting Sargassum.

    This seaweed scourge has been coming back every season for 14 years now, with devastating effects on people’s health, the environment and the economy.

    This is not only the result of climate change: it is also caused by structural imbalances, including transatlantic currents and eutrophication.

    Faced with this perma-crisis, companies are now coming up with innovative solutions that can be industrialised, such as gathering the seaweed out at sea and turning it into energy or usable materials.

    This positive model could be replicated in other regions affected by the problem in the Caribbean, Africa and the Pacific. It’s time to turn this nuisance into a sustainable resource.

    What strategy is the Commission planning to put in place, in particular via ambitious funding arrangements, to support these initiatives and turn Sargassum into a driver of innovation for the benefit of the overseas territories?

    Supporter[1]

    Submitted: 2.7.2025

    • [1] This question is supported by a Member other than the authors: Jean-Paul Garraud (PfE)

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Need to revise the strategy for tackling sheep pox and goat pox in areas of Greece – E-002700/2025

    Source: European Parliament

    Question for written answer  E-002700/2025
    to the Commission
    Rule 144
    Sakis Arnaoutoglou (S&D)

    Sheep pox and goat pox continue to affect Greek livestock farming, with recurrent outbreaks and devastating effects in regions such as Chalkidiki. Despite the strategy implemented by the Greek Ministry of Rural Development, which is based on measures to kill infected animals and establishing protection zones, the diseases continue to spread. There have been recent reports of recurrent cases, which shows that the current approach is not sufficient. The economic losses for farms are enormous, and many are forced to permanently abandon production, while assistance from national or EU support tools is insufficient to cover damages or restock livestock.

    The absence of a prevention strategy and the insistence on measures to suppress the spread of the diseases, without adaptation to local conditions, raises questions about the need to reassess practices and seek alternative science-based response strategies, drawing on technical support from European authorities.

    Can the Commission therefore say:

    • 1.How does it assess the effectiveness of existing strategies intended to address sheep pox and goat pox, especially in areas with recurrent outbreaks?
    • 2.Does the Commission intend to assist Greece by providing technical support or guidance on the assessment and adoption of alternative prevention and control methods that respond to the particular geographical and epidemiological circumstances?
    • 3.Is it considering amending or increasing flexibility in the implementing acts of the EU regulation in order to take into account the specificities of local markets?

    Submitted: 2.7.2025

    Last updated: 9 July 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Exchange of information on the extradition of, and arrest warrant for, Martin Weiss, Jan Marsalek’s alleged accomplice – E-002658/2025

    Source: European Parliament

    Question for written answer  E-002658/2025
    to the Commission
    Rule 144
    Fabio De Masi (NI)

    Has the Commission exchanged information with Europol, Interpol, EU Member States or the United Arab Emirates (UAE) on extradition requests or arrest warrants regarding Martin Weiss – the UAE-based alleged accomplice in the escape of former Wirecard manager Jan Marsalek, who is wanted by Interpol – against whom an arrest warrant has been issued in Austria and who was able to leave the country without hindrance after being questioned by the German public prosecutor’s office?

    Submitted: 1.7.2025

    Last updated: 9 July 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Highlights – The Danish Ministers are presenting their priorities in LIBE – Committee on Civil Liberties, Justice and Home Affairs

    Source: European Parliament

    Danish Presidency © Adobe stock footage

    Under the slogan ‘A Strong Europe in a Changing World’, the Danish Presidency has two overarching priorities: a secure Europe and a competitive and green Europe.

    These two goals appear across most of its sectoral work, including in the areas falling within the remit of LIBE. Denmark assumed the rotating presidency of the EU Council on 1 July 2025, for the eighth time since its accession to the EU. It took over from Poland and will hand over to Cyprus, the three countries forming a presidency trio.

    The Danish Ministers will present these priorities to the LIBE Committee on 15 July 2025, starting at 14:30.

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Housing emergency in Italy for vulnerable groups and students – E-002620/2025

    Source: European Parliament

    Question for written answer  E-002620/2025
    to the Commission
    Rule 144
    Valentina Palmisano (The Left)

    In Italy, a worsening housing emergency is severely affecting vulnerable households, individuals with disabilities, people struggling socio-economically and university students. Despite the use of EU resources (National Recovery and Resilience Plan (NRRP) and the European Regional Development Fund (ERDF)), many municipalities are reporting delays to public housing and urban regeneration projects, with particularly serious effects in the south.

    At the same time, the right to study is being severely undermined by the high cost of renting: in the main Italian university cities, average rent for a single room exceeds EUR 600, making attending university increasingly less accessible to people from low-income families.

    In the light of these problems:

    • 1.What is the state of play of the NRRP-funded university housing programme and what steps have been planned to ensure it has been implemented in full by June 2026?
    • 2.What steps will be taken to ensure that European Investment Bank and cohesion policy funds have a tangible impact on housing supply in towns and cities experiencing high housing pressure, and is a social impact assessment being planned?
    • 3.Why are municipalities not fully involved in the affordable housing initiative decision-making processes, and will their operational and financial role be stepped up?

    Submitted: 30.6.2025

    Last updated: 9 July 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Is the Commission going to stop subsidising Algeria? – P-002740/2025

    Source: European Parliament

    Priority question for written answer  P-002740/2025
    to the Commission
    Rule 144
    Jean-Paul Garraud (PfE)

    On Monday 30 June 2025, Christophe Gleizes, a French sports journalist who has been detained in Algeria for more than a year, was sentenced to seven years in prison for ‘glorifying terrorism’ and ‘possessing publications for propaganda purposes harmful to national interests’.

    On Tuesday 1 July, Boualem Sansal, an 80-year-old Franco-Algerian writer who is suffering from prostate cancer, was sentenced on appeal to five years in prison, having already been unjustly detained in Algiers since 16 November 2024.

    Algeria benefits from the 2021-2027 EU-Algeria multiannual indicative programme (MIP), the aim of which is to strengthen the partnership between the two parties. Under the MIP, EUR 172 million was paid to Algeria between 2021 and 2024[1].

    • 1.Can the Commission confirm this amount, and can it tell us how much funding has been allocated for the period from 2025 to 2027?
    • 2.What does the Commission think of the arrests referred to above, and do they constitute a breach of the rule of law?
    • 3.If so, shouldn’t the Commission suspend payment of MIP funding until the Algerian regime brings in reforms and ceases its hostility towards France – a Member State of the European Union – and its nationals?

    Submitted: 4.7.2025

    • [1] https://enlargement.ec.europa.eu/document/download/18c0dcae-9074-40e0-a8ca765abb44b281_en#:~:text=1.3.&text=L%27objectif%20g%C3%A9n%C3%A9ral%20de%20ce,en%20faveur%20de%20la%20jeunesse.
    Last updated: 9 July 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Corruption allegations and political interference in Spain – safeguarding the rule of law – E-002638/2025

    Source: European Parliament

    Question for written answer  E-002638/2025
    to the Commission
    Rule 144
    Markus Buchheit (ESN)

    Recent developments in Spain have raised serious concerns about the independence of judicial institutions and the political use of prosecutorial powers under the government of Prime Minister Pedro Sánchez. Multiple corruption scandals have emerged involving figures linked to the ruling party, while accusations of political interference in judicial proceedings, including the appointment of key prosecutors, have intensified.

    There is growing public concern in Spain and across the EU about the erosion of the rule of law, the lack of transparency and the perceived protection of political allies from prosecution. In other Member States, the Commission has acted swiftly in defence of judicial independence and the separation of powers.

    • 1.What is the Commission’s official position on the growing corruption allegations and perceived political interference in Spain’s judicial system?
    • 2.Does the Commission intend to issue a statement reaffirming the need to safeguard the rule of law in Spain, including the independence and autonomy of the public prosecution service?
    • 3.Why does the Commission remain silent on this issue – is it due to the fact that the Spanish socialist party forms part of the broader political alliance that governs EU institutions?

    Submitted: 30.6.2025

    Last updated: 9 July 2025

    MIL OSI Europe News –

  • MIL-OSI: Bitcoin Solaris Mobile Mining Debuts on LBank with Revolutionary App

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 09, 2025 (GLOBE NEWSWIRE) — If you asked a crypto investor in 2018 whether mobile mining would ever be a thing, most would have laughed. Fast forward to 2025, and not only is it real, it’s live, global, and profitable thanks to Bitcoin Solaris. The long-awaited Solaris Nova App has officially debuted alongside the token’s upcoming listing on LBank, bringing with it a completely reimagined way to mine crypto.

    In a world where most mining is still monopolized by expensive rigs and massive electricity bills, Bitcoin Solaris is flipping the game on its head. The goal is clear: make mining accessible, eco-friendly, and incredibly profitable for anyone.

    The LBank Listing: Why It Matters for Miners

    LBank is one of the fastest-growing centralized exchanges catering to early-stage altcoins and breakout tokens. Bitcoin Solaris’s listing there is more than a visibility boost. It’s a liquidity moment for miners and holders alike. The listing solidifies BTC-S’s legitimacy and enables real-time conversion from mined tokens to stablecoins or other assets. That means every token mined through your device or laptop suddenly becomes more than a number on a screen, it becomes accessible capital.

    LBank’s integration also simplifies wallet transfers and paves the way for mass adoption through mobile platforms. Whether you’re mining from a basic Android phone or a high-end gaming rig, the upcoming LBank listing turns your BTC-S into liquid gold.

    Meet the Solaris Nova App: Mobile Mining, Reimagined

    The Solaris Nova App is the centerpiece of Bitcoin Solaris’s Universal Mining model. It’s not just another mining program, it’s an entire ecosystem packaged into one simple interface. The app supports Android, iOS, Windows, macOS, Linux, and even browser-based mining.

    Key features include:

    • One-tap mining functionality with built-in wallet support
    • Adaptive algorithms that calibrate for energy efficiency
    • Support for smartphones, laptops, and professional mining rigs
    • In-app tutorials for beginners and advanced customization for experts
    • 99.95% lower energy consumption than traditional Bitcoin mining
    • 2-second transaction finality powered by dual-consensus architecture

    What sets it apart is how easily it integrates mining into everyday life. You don’t need to be a blockchain engineer or own an expensive ASIC setup. If you have a phone and a few minutes, you’re in the game.

    Presale Status: Time Is Ticking

    Bitcoin Solaris has officially entered Phase 11 of its blazing-fast presale. The current price sits at $11, with the next phase holding steady at the same rate before the anticipated $20 launch price. With less than 4 weeks to go, this is shaping up to be one of the shortest and most explosive presales in recent memory.

    More than 13,900 unique users have already joined, pushing total contributions past the $6.3 million mark. The momentum is undeniable, and now, it’s being supercharged.

    Real Tech, Real Speed, Real Impact Only on Bitcoin Solaris

    In an unprecedented move, Bitcoin Solaris is introducing a limited-time Rollback. For a very short window, the price will drop to just $5. This rollback isn’t just generous, it’s rare. The team is recognizing the extraordinary support BTC-S has received, and opening the door for more participants to enter at an unbeatable rate. It’s a one-off opportunity that early believers simply shouldn’t ignore.

    To receive your tokens on launch day, Bitcoin Solaris recommends using Trust Wallet or Metamask for seamless delivery. These wallets are only for receiving tokens, not required for purchasing or joining the presale.

    Why Mining BTC-S Is Catching Fire

    Bitcoin Solaris mining isn’t just a gimmick. It’s tied into one of the most advanced consensus models in the crypto world. The hybrid Proof-of-Work and Delegated Proof-of-Stake system allows anyone to participate while supporting blazing speeds and low fees. That blend also enables real decentralization and network security without killing your device or your power bill.

    Here’s what makes it appealing:

    • Global access from any device, anywhere
    • Seamless validator rotation keeps things efficient
    • Reward potential scales with contribution, not wallet size
    • Participation feeds directly into network health

    Oh, and if you want to see how much you can make, check the official BTC-S mining calculator.

    In addition, Bitcoin Solaris introduced daily mini games for its holders for a chance to earn daily rewards, checkout all the details here.

    What’s the Catch?

    Honestly, there doesn’t seem to be one. Bitcoin Solaris has already passed audits from both Cyberscope and Freshcoins, reinforcing its credibility. And with an active community buzzing across Telegram and X, the network effect is snowballing.

    Final Verdict

    Bitcoin Solaris isn’t just riding the mobile mining trend, it’s leading it. By merging energy-efficient mining, accessible tech, a powerful app ecosystem, and a huge exchange listing, BTC-S delivers what old-school Bitcoin miners never could: simplicity and profitability for the everyday user.

    And now with the LBank listing just around the corner, the barrier between mining and real profit is officially gone.

    For more information on Bitcoin Solaris:

    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This content 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/36e37bde-7820-4a25-8f91-0a5e64b8bb99

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cee6b647-44c7-4e7d-ba90-e36ee65f07de

    https://www.globenewswire.com/NewsRoom/AttachmentNg/016af116-e53f-44e3-9cf8-248d7aa53ffa

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7c7a009f-2ec3-4f50-a811-9941df7f9d5a

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Mobile Mining Debuts on LBank with Revolutionary App

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 09, 2025 (GLOBE NEWSWIRE) — If you asked a crypto investor in 2018 whether mobile mining would ever be a thing, most would have laughed. Fast forward to 2025, and not only is it real, it’s live, global, and profitable thanks to Bitcoin Solaris. The long-awaited Solaris Nova App has officially debuted alongside the token’s upcoming listing on LBank, bringing with it a completely reimagined way to mine crypto.

    In a world where most mining is still monopolized by expensive rigs and massive electricity bills, Bitcoin Solaris is flipping the game on its head. The goal is clear: make mining accessible, eco-friendly, and incredibly profitable for anyone.

    The LBank Listing: Why It Matters for Miners

    LBank is one of the fastest-growing centralized exchanges catering to early-stage altcoins and breakout tokens. Bitcoin Solaris’s listing there is more than a visibility boost. It’s a liquidity moment for miners and holders alike. The listing solidifies BTC-S’s legitimacy and enables real-time conversion from mined tokens to stablecoins or other assets. That means every token mined through your device or laptop suddenly becomes more than a number on a screen, it becomes accessible capital.

    LBank’s integration also simplifies wallet transfers and paves the way for mass adoption through mobile platforms. Whether you’re mining from a basic Android phone or a high-end gaming rig, the upcoming LBank listing turns your BTC-S into liquid gold.

    Meet the Solaris Nova App: Mobile Mining, Reimagined

    The Solaris Nova App is the centerpiece of Bitcoin Solaris’s Universal Mining model. It’s not just another mining program, it’s an entire ecosystem packaged into one simple interface. The app supports Android, iOS, Windows, macOS, Linux, and even browser-based mining.

    Key features include:

    • One-tap mining functionality with built-in wallet support
    • Adaptive algorithms that calibrate for energy efficiency
    • Support for smartphones, laptops, and professional mining rigs
    • In-app tutorials for beginners and advanced customization for experts
    • 99.95% lower energy consumption than traditional Bitcoin mining
    • 2-second transaction finality powered by dual-consensus architecture

    What sets it apart is how easily it integrates mining into everyday life. You don’t need to be a blockchain engineer or own an expensive ASIC setup. If you have a phone and a few minutes, you’re in the game.

    Presale Status: Time Is Ticking

    Bitcoin Solaris has officially entered Phase 11 of its blazing-fast presale. The current price sits at $11, with the next phase holding steady at the same rate before the anticipated $20 launch price. With less than 4 weeks to go, this is shaping up to be one of the shortest and most explosive presales in recent memory.

    More than 13,900 unique users have already joined, pushing total contributions past the $6.3 million mark. The momentum is undeniable, and now, it’s being supercharged.

    Real Tech, Real Speed, Real Impact Only on Bitcoin Solaris

    In an unprecedented move, Bitcoin Solaris is introducing a limited-time Rollback. For a very short window, the price will drop to just $5. This rollback isn’t just generous, it’s rare. The team is recognizing the extraordinary support BTC-S has received, and opening the door for more participants to enter at an unbeatable rate. It’s a one-off opportunity that early believers simply shouldn’t ignore.

    To receive your tokens on launch day, Bitcoin Solaris recommends using Trust Wallet or Metamask for seamless delivery. These wallets are only for receiving tokens, not required for purchasing or joining the presale.

    Why Mining BTC-S Is Catching Fire

    Bitcoin Solaris mining isn’t just a gimmick. It’s tied into one of the most advanced consensus models in the crypto world. The hybrid Proof-of-Work and Delegated Proof-of-Stake system allows anyone to participate while supporting blazing speeds and low fees. That blend also enables real decentralization and network security without killing your device or your power bill.

    Here’s what makes it appealing:

    • Global access from any device, anywhere
    • Seamless validator rotation keeps things efficient
    • Reward potential scales with contribution, not wallet size
    • Participation feeds directly into network health

    Oh, and if you want to see how much you can make, check the official BTC-S mining calculator.

    In addition, Bitcoin Solaris introduced daily mini games for its holders for a chance to earn daily rewards, checkout all the details here.

    What’s the Catch?

    Honestly, there doesn’t seem to be one. Bitcoin Solaris has already passed audits from both Cyberscope and Freshcoins, reinforcing its credibility. And with an active community buzzing across Telegram and X, the network effect is snowballing.

    Final Verdict

    Bitcoin Solaris isn’t just riding the mobile mining trend, it’s leading it. By merging energy-efficient mining, accessible tech, a powerful app ecosystem, and a huge exchange listing, BTC-S delivers what old-school Bitcoin miners never could: simplicity and profitability for the everyday user.

    And now with the LBank listing just around the corner, the barrier between mining and real profit is officially gone.

    For more information on Bitcoin Solaris:

    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This content 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/36e37bde-7820-4a25-8f91-0a5e64b8bb99

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cee6b647-44c7-4e7d-ba90-e36ee65f07de

    https://www.globenewswire.com/NewsRoom/AttachmentNg/016af116-e53f-44e3-9cf8-248d7aa53ffa

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7c7a009f-2ec3-4f50-a811-9941df7f9d5a

    The MIL Network –

  • MIL-OSI United Kingdom: Get your young people creative this summer with Digital Connections!

    Source: Northern Ireland City of Armagh

    Calling all 12-16 year olds! Ready to dive into a world of animation, digital comics, film, Minecraft, graphic design, and more?

    Armagh City, Banbridge and Craigavon Borough Council’s Digital Connections summer programme is here to spark your creativity and tech skills – all in a super fun, hands-on way!

    Join us for three awesome days at one of these spots:

    • 5–7 August: Banbridge Leisure Centre
    • 12–14 August: Brownstown Jubilee Community Centre
    • 20–22 August: Marketplace Theatre, Armagh

    You’ll get to try out cool digital tools, learn new skills, and work with other creative minds to make some amazing projects. No experience? No problem! Just bring your imagination and be ready to have fun!

    Cost for each 3 day session is £10 per person.

    Spaces are limited, so don’t miss out! For more info and to sign up, head to https://www.armaghbanbridgecraigavon.gov.uk/resident/community-development/

    This programme is funded through The Executive Office District Council’s Good Relations Action Plan.

    MIL OSI United Kingdom –

  • MIL-OSI Europe: European Court of Human Rights: Russia responsible for downing of flight MH17

    Source: Government of the Netherlands

    News item | 09-07-2025 | 11:57

    On 9 July 2025 the European Court of Human Rights (ECtHR) held that Russia is responsible for the downing of flight MH17 and for the deaths of everyone on board, including 196 Dutch nationals. Russia is also responsible for the additional suffering caused to the next of kin, owing to its continued denial of any involvement and its obstruction of the investigations into the downing of the aircraft. The judgment is an important step on the road to justice.

    ECtHR and flight MH17

    In 2020 the Netherlands submitted an inter-State application to the ECtHR regarding Russia’s responsibility for the downing of flight MH17 on 17 July 2014 over eastern Ukraine. All 298 people on board were killed, including 196 Dutch nationals.

    The ECtHR’s judgment

    This is the second time in a short period that it has been established at international level that Russia violated international law when it downed flight MH17. The ECtHR ruled in the Netherlands’ favour in regard to Russia’s violation of four human rights, as laid down in the European Convention on Human Rights:

    • Russia is responsible for the downing of flight MH17 and the deaths of everyone on board (Article 2, right to life, substantive).
    • Russia did not perform an adequate investigation of its own, and did not cooperate sufficiently with requests for information submitted by the Netherlands and the Joint Investigation Team (Article 2, right to life, procedural).
    • Russia’s lack of cooperation and continued denial of any involvement in the downing of flight MH17 caused the next of kin additional suffering (Article 3, prohibition of torture and inhuman treatment).
    • Russia did not provide the next of kin with any legal remedy (Article 13, right to an effective remedy).

    Minister of Foreign Affairs Caspar Veldkamp: ‘The judgment of the European Court of Human Rights is crystal clear: Russia is responsible for the downing of flight MH17 and for the deaths of everyone on board, including 196 Dutch nationals. This confirms what we have known and felt all along, and is an important step on the road to justice.

    Russia is also responsible for additional suffering caused to the next of kin, due to its continued denial of any involvement and lack of cooperation. Nothing can take away the grief and suffering, but I hope that this outcome brings a sense of justice and acknowledgement.’

    Next steps

    Up until now, the proceedings before the ECtHR have been focused on establishing the human rights violations concerned. Now that these have been established, the ECtHR can determine the consequences of the violations and the damages payable. Throughout this process, the Netherlands will remain in close contact with the next of kin about potential damages.

    MIL OSI Europe News –

  • MIL-OSI: Triskell Software Launches ‘Ready Suite’ to Accelerate Strategic Execution for Enterprises Worldwide

    Source: GlobeNewswire (MIL-OSI)

    MADRID, July 09, 2025 (GLOBE NEWSWIRE) — Triskell Software, a leading European provider of cloud-based Project Portfolio Management (PPM) solutions, today announced the global launch of the Triskell Ready Suite, a set of preconfigured, business-function-focused solutions designed to help enterprises accelerate strategic execution in today’s fast-moving business environment.

    The Ready Suite marks a significant expansion of Triskell’s core platform capabilities, offering organizations rapid deployment options for key areas such as IT governance, new product development, project portfolio management, and strategic portfolio management. The release enables clients to achieve measurable value faster—without lengthy implementations or complex customization processes.

    “Enterprises are under pressure to move quickly without compromising strategic alignment,” said Angel Garcia Triskell Software, CEO, as spokesperson. “The Ready Suite gives customers a head start—combining the depth of our PPM platform with industry best practices built-in.”

    Triskell’s SaaS-based platform has been widely adopted by PMOs, CIOs, and executive leadership teams in industries including manufacturing, finance, insurance, and the public sector. With full support for Agile, hybrid, and waterfall methodologies, the platform is ideal for organizations navigating complex, cross-functional initiatives.

    The launch of the Triskell Ready Suite reflects growing global demand for scalable, flexible solutions that support enterprise transformation. Triskell clients now benefit from a faster onboarding experience while retaining the full configurability and strategic visibility the platform is known for.

    This product expansion follows a period of steady global growth for Triskell Software, with strong traction across Europe, North America, and Latin America. The company was recently recognized in the Gartner Market Guide for Enterprise Agile Planning Tools (2025) and the Forrester Strategic Portfolio Management Tools Report, underscoring its leadership in the PPM and agile transformation space.

    About Triskell Software
    Founded in 2011 and headquartered in Madrid, Triskell Software provides a flexible, enterprise-grade platform for managing strategy, project portfolios, resources, and financials—all in one place. Triskell helps organizations improve decision-making and accelerate value delivery by aligning execution with business goals. Learn more at www.triskellsoftware.com.

    Media Contact

    Company Name: Triskell Software
    Contact Person: Ignacio Carrasco
    Email: media@triskellsoftware.com
    Address: Calle Tellez 58, Madrid, Spain
    Postal code-28007
    Website: https://triskellsoftware.com

    Disclaimer: This press release is provided by the Triskell Software. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of media publisher.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d7e17541-5f4c-4dd1-ac58-603ee9a556a3

    The MIL Network –

  • MIL-OSI United Kingdom: Lord Mayor of Leeds honours the sacrifices of First World War Leeds Pals

    Source: City of Leeds

    The Lord Mayor of Leeds paid tribute to the sacrifices of the First World War Leeds Pals battalion on Sunday (July 6 2025) at a wreath-laying ceremony to commemorate the start of the Battle of the Somme.

    Councillor Dan Cohen, the Lord Mayor of Leeds, together with the Lord Mayor’s Chaplain, Rabbi Anthony Gilbert, who was acting as consort for the day, attended the remembrance event at the Leeds Pals memorial to mark the sacrifices of the servicemen who died at the Somme in 1916.

    The Leeds Pals memorial, located at Colsterdale near Ripon, was erected in 1934 in recognition of the survivors, relatives and friends of the 15th Battalion West Yorkshire (Leeds Pals), and marks the site of the battalion’s first camp in September 1914. 

    The upkeep of the memorial is funded by Leeds City Council and the Lord Mayor of Leeds is annually invited to lay a wreath at a service organised by the Royal British Legion. This year’s service was led by Father David Pickett, Leeds Royal British Legion Group Chaplain.

    The First World War pals were specially constituted battalions of the British Army comprising men who enlisted together in local recruiting drives, with the promise that they would be able to serve alongside their friends, neighbours and colleagues. 

    The Leeds Pals, officially known as the 15th Battalion (1st Leeds), The Prince of Wales’s Own (West Yorkshire Regiment), was formed in the city from September 1914. Landing in France in March 1916, following service in Egypt, the battalion was thrown into action from the first day of the Battle of the Somme on July 1, 1916, sustaining 528 casualties within minutes of zero hour. 

    Rabbi Anthony Gilbert, The Lord Mayor’s Chaplain, was especially honoured and touched to be in attendance, saying: “My own great uncle was one of those valiant warriors who fell in battle at the young age of 21 with so many others who hailed from the Leylands.”

    The Lord Mayor of Leeds, Councillor Dan Cohen, said: “It is so important that, as Lord Mayor, I make this journey, as have previous Lord Mayors, to lay a wreath and remember the service and sacrifice of these young Leeds men, who made the ultimate sacrifice in service of their country. 

    “As the years pass it is all too easy to overlook this chapter of history – but each year we renew a pledge that we must stand by … we will remember them.”

    MIL OSI United Kingdom –

  • Wildfire loses intensity in southern France, firefighters continue battle

    Source: Government of India

    Source: Government of India (4)

    A wildfire that reached the northwestern outskirts of France’s second city of Marseille lost intensity overnight, but firefighters were still battling the flames on Wednesday.

    Residents who had been told on Tuesday to stay in their homes for their own safety were once again allowed out.

    “With the fire in northern Marseille now clearly under control, we can announce this morning that the 16th arrondissement is no longer on lockdown,” Marseille Mayor Benoit Payan said in a post on social media platform X.

    “I call on all Marseille residents to exercise the utmost caution in the area, as emergency services are hard at work,” he said.

    Martine Vassal, head of the area council, said firefighters had worked through the night to control the fire, which she said remained a cause for concern.

    “It is not finished. Weather conditions are worrying for us,” Vassal told broadcaster BFM.

    Local officials said the airport for France’s second-largest city could close for commercial flights to prioritise air resources if the fire flared up again.

    It was too soon for the hundreds of residents who had fled from the wildfire to return, officials said.

    Hundreds of firefighters, aided by helicopters and aircraft, have been fighting the flames, which have been fanned by winds of up to 70 kph (43 mph) that brought plumes of smoke over the southern coastal city. Officials said the blaze was caused by a car that caught on fire.

    The fire had burnt through 700 hectares (2.7 square miles) but no fatalities had been reported, regional prefect Georges-Francois Leclerc said late on Tuesday.

    Interior Minister Bruno Retailleau told reporters late on Tuesday that the fire had been fast-moving, affecting 60 houses and burning down 10.

    The fire in Marseille and a separate one near Narbonne, another southern French city, were the first major fires of the summer, Sophie Primas, the government’s spokesperson, said in an interview with RTL on Wednesday, adding that wildfire season had come early this year.

    Climate change has made wildfires more destructive in Mediterranean countries in recent years.

    This week and last week, fires have also raged in northeastern Spain, on the Greek island of Crete, and in Athens.

    Philippe, a victim of the fires whose surname was not given, told BFM that he had slept poorly after evacuating and hoped to return to his home at noon on Wednesday.

    “There is nothing we can do,” he said. “It is very very, very hard.”

    (Reuters)

  • MIL-OSI Russia: Youth Exchange Event “Future of the Silk Road” Kicks Off in Beijing

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 9 (Xinhua) — A youth exchange event titled “Future of the Silk Road” kicked off in the Chinese capital recently, leading news platform chinanewes.com.cn reported Tuesday.

    It is reportedly organized by the Soong Ching Ling Foundation of China. More than 80 teenagers and representatives of cooperating institutions from 12 countries, such as Russia, Armenia, Uzbekistan, Gambia, Malaysia, Mongolia, Oman, the Philippines, Saudi Arabia, Slovakia, Spain and Thailand, were invited to the opening ceremony.

    From July 6 to 12, they will also go on a sightseeing tour titled “Building the Silk Road of Dreams, Moving Hand in Hand into the Future” to Beijing and Shaanxi Province, where they will conduct exchanges with their Chinese peers.

    According to Zhang Ziming, vice chairman of the Soong Ching Ling Foundation of China, the event aims to create a platform for contact and interaction among young people from different parts of the world, as well as strengthen mutual understanding and friendship among them.

    He expressed hope that through this event, young people from all over the world will gain more experience, communicate more and think more, establish deep friendships, get acquainted with the unique cultures of various civilizations, preserve and transmit the spirit of the Great Silk Road, so that with the energy of youth, hand in hand, they can promote the formation of a community with a common destiny for mankind.

    The participants of the event noted that this trip is a valuable opportunity to deeply understand Chinese culture and Chinese wisdom, and also expressed hope for strengthening mutual understanding and friendship during the event. -0-

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

    .

    MIL OSI Russia News –

  • MIL-OSI Europe: Minutes – Tuesday, 8 July 2025 – Strasbourg – Final edition

    Source: European Parliament 2

    Present:

    Aaltola Mika, Abadía Jover Maravillas, Adamowicz Magdalena, Aftias Georgios, Agirregoitia Martínez Oihane, Agius Peter, Agius Saliba Alex, Alexandraki Galato, Allione Grégory, Al-Sahlani Abir, Anadiotis Nikolaos, Anderson Christine, Andresen Rasmus, Andrews Barry, Andriukaitis Vytenis Povilas, Androuët Mathilde, Angel Marc, Annemans Gerolf, Annunziata Lucia, Antoci Giuseppe, Arias Echeverría Pablo, Arłukowicz Bartosz, Arnaoutoglou Sakis, Arndt Anja, Arvanitis Konstantinos, Asens Llodrà Jaume, Assis Francisco, Attard Daniel, Aubry Manon, Auštrevičius Petras, Axinia Adrian-George, Azmani Malik, Bajada Thomas, Baljeu Jeannette, Ballarín Cereza Laura, Bardella Jordan, Barley Katarina, Barna Dan, Barrena Arza Pernando, Bartulica Stephen Nikola, Bartůšek Nikola, Bausemer Arno, Bay Nicolas, Bay Christophe, Beke Wouter, Beleris Fredis, Bellamy François-Xavier, Benifei Brando, Benjumea Benjumea Isabel, Beňová Monika, Bentele Hildegard, Berendsen Tom, Berger Stefan, Berg Sibylle, Berlato Sergio, Bernhuber Alexander, Biedroń Robert, Bielan Adam, Bischoff Gabriele, Blaha Ľuboš, Blinkevičiūtė Vilija, Blom Rachel, Bloss Michael, Bocheński Tobiasz, Boeselager Damian, Bogdan Ioan-Rareş, Bonaccini Stefano, Bonte Barbara, Borchia Paolo, Borrás Pabón Mireia, Borvendég Zsuzsanna, Borzan Biljana, Bosanac Gordan, Boßdorf Irmhild, Bosse Stine, Botenga Marc, Boyer Gilles, Boylan Lynn, Brandstätter Helmut, Brasier-Clain Marie-Luce, Braun Grzegorz, Brejza Krzysztof, Bricmont Saskia, Brnjac Nikolina, Brudziński Joachim Stanisław, Bryłka Anna, Buchheit Markus, Buczek Tomasz, Buda Daniel, Buda Waldemar, Bugalho Sebastião, Buła Andrzej, Bullmann Udo, Buxadé Villalba Jorge, Bystron Petr, Bžoch Jaroslav, Camara Mélissa, Canfin Pascal, Carberry Nina, Cârciu Gheorghe, Carême Damien, Casa David, Caspary Daniel, Cassart Benoit, Castillo Laurent, del Castillo Vera Pilar, Cavazzini Anna, Cavedagna Stefano, Ceccardi Susanna, Cepeda José, Ceulemans Estelle, Chahim Mohammed, Chaibi Leila, Chastel Olivier, Chinnici Caterina, Christensen Asger, Ciccioli Carlo, Cifrová Ostrihoňová Veronika, Ciriani Alessandro, Cisint Anna Maria, Clausen Per, Clergeau Christophe, Cormand David, Corrado Annalisa, Costanzo Vivien, Cotrim De Figueiredo João, Cowen Barry, Cremer Tobias, Crespo Díaz Carmen, Cristea Andi, Crosetto Giovanni, Cunha Paulo, Dahl Henrik, Danielsson Johan, Dauchy Marie, Dávid Dóra, Decaro Antonio, de la Hoz Quintano Raúl, Della Valle Danilo, Deloge Valérie, De Masi Fabio, De Meo Salvatore, Demirel Özlem, Deutsch Tamás, Dibrani Adnan, Diepeveen Ton, Dieringer Elisabeth, Dîncu Vasile, Di Rupo Elio, Disdier Mélanie, Dobrev Klára, Doherty Regina, Doleschal Christian, Dömötör Csaba, Do Nascimento Cabral Paulo, Donazzan Elena, Dorfmann Herbert, Dostalova Klara, Dostál Ondřej, Droese Siegbert Frank, Düpont Lena, Dworczyk Michał, Ecke Matthias, Ehler Christian, Ehlers Marieke, Eriksson Sofie, Erixon Dick, Eroglu Engin, Estaràs Ferragut Rosa, Everding Sebastian, Ezcurra Almansa Alma, Falcă Gheorghe, Falcone Marco, Farantouris Nikolas, Farreng Laurence, Farský Jan, Ferber Markus, Ferenc Viktória, Fernández Jonás, Fidanza Carlo, Fiocchi Pietro, Firmenich Ruth, Fita Claire, Flanagan Luke Ming, Fourlas Loucas, Fourreau Emma, Fragkos Emmanouil, Freund Daniel, Frigout Anne-Sophie, Fritzon Heléne, Froelich Tomasz, Fuglsang Niels, Funchion Kathleen, Furet Angéline, Furore Mario, Gahler Michael, Gál Kinga, Galán Estrella, Gálvez Lina, Gambino Alberico, García Hermida-Van Der Walle Raquel, Garraud Jean-Paul, Gasiuk-Pihowicz Kamila, Geadi Geadis, Gedin Hanna, Geese Alexandra, Geier Jens, Geisel Thomas, Gemma Chiara, Georgiou Giorgos, Gerbrandy Gerben-Jan, Germain Jean-Marc, Gerzsenyi Gabriella, Geuking Niels, Gieseke Jens, Giménez Larraz Borja, Girauta Vidal Juan Carlos, Glavak Sunčana, Glück Andreas, Glucksmann Raphaël, Goerens Charles, Gomart Christophe, Gomes Isilda, Gómez López Sandra, Gonçalves Bruno, González Casares Nicolás, González Pons Esteban, Gori Giorgio, Gosiewska Małgorzata, Gotink Dirk, Gozi Sandro, Grapini Maria, Gražulis Petras, Gregorová Markéta, Grims Branko, Griset Catherine, Gronkiewicz-Waltz Hanna, Groothuis Bart, Grossmann Elisabeth, Grudler Christophe, Gualmini Elisabetta, Guarda Cristina, Guetta Bernard, Guzenina Maria, Győri Enikő, Gyürk András, Hadjipantela Michalis, Hahn Svenja, Haider Roman, Halicki Andrzej, Hansen Niels Flemming, Hassan Rima, Hauser Gerald, Häusling Martin, Hava Mircea-Gheorghe, Heide Hannes, Heinäluoma Eero, Henriksson Anna-Maja, Herbst Niclas, Herranz García Esther, Hetman Krzysztof, Hojsík Martin, Holmgren Pär, Hölvényi György, Homs Ginel Alicia, Humberto Sérgio, Ijabs Ivars, Imart Céline, Incir Evin, Inselvini Paolo, Iovanovici Şoşoacă Diana, Jamet France, Jarubas Adam, Jerković Romana, Jongen Marc, Joński Dariusz, Joron Virginie, Jouvet Pierre, Joveva Irena, Juknevičienė Rasa, Junco García Nora, Jungbluth Alexander, Kabilov Taner, Kalfon François, Kaliňák Erik, Kaljurand Marina, Kalniete Sandra, Kamiński Mariusz, Kanev Radan, Kanko Assita, Karlsbro Karin, Kartheiser Fernand, Karvašová Ľubica, Katainen Elsi, Kefalogiannis Emmanouil, Kelleher Billy, Keller Fabienne, Kelly Seán, Kemp Martine, Kennes Rudi, Khan Mary, Kircher Sophia, Knafo Sarah, Knotek Ondřej, Kobosko Michał, Köhler Stefan, Kohut Łukasz, Kokalari Arba, Kolář Ondřej, Kollár Kinga, Kols Rihards, Konečná Kateřina, Kopacz Ewa, Körner Moritz, Kountoura Elena, Kovatchev Andrey, Krištopans Vilis, Kruis Sebastian, Krutílek Ondřej, Kubín Tomáš, Kuhnke Alice, Kulja András Tivadar, Kulmuni Katri, Kyllönen Merja, Kyuchyuk Ilhan, Lagodinsky Sergey, Lakos Eszter, Lalucq Aurore, Lange Bernd, Langensiepen Katrin, Laššáková Judita, László András, Latinopoulou Afroditi, Laurent Murielle, Laureti Camilla, Laykova Rada, Lazarov Ilia, Lazarus Luis-Vicențiu, Le Callennec Isabelle, Leggeri Fabrice, Lenaers Jeroen, Leonardelli Julien, Lewandowski Janusz, Lexmann Miriam, Liese Peter, Lins Norbert, Loiseau Nathalie, Løkkegaard Morten, Lopatka Reinhold, López Javi, López Aguilar Juan Fernando, López-Istúriz White Antonio, Lövin Isabella, Lucano Mimmo, Luena César, Łukacijewska Elżbieta Katarzyna, Lupo Giuseppe, McAllister David, Madison Jaak, Maestre Cristina, Magoni Lara, Magyar Péter, Maij Marit, Maląg Marlena, Manda Claudiu, Mandl Lukas, Maniatis Yannis, Maran Pierfrancesco, Marczułajtis-Walczak Jagna, Maréchal Marion, Marino Ignazio Roberto, Marquardt Erik, Martín Frías Jorge, Martins Catarina, Martusciello Fulvio, Marzà Ibáñez Vicent, Mato Gabriel, Matthieu Sara, Mavrides Costas, Maydell Eva, Mayer Georg, Mazurek Milan, Mažylis Liudas, McNamara Michael, Mebarek Nora, Mehnert Alexandra, Meimarakis Vangelis, Meleti Eleonora, Mendes Ana Catarina, Mendia Idoia, Mertens Verena, Mesure Marina, Metsola Roberta, Metz Tilly, Mikser Sven, Milazzo Giuseppe, Millán Mon Francisco José, Minchev Nikola, Miranda Paz Ana, Molnár Csaba, Montero Irene, Montserrat Dolors, Morace Carolina, Morano Nadine, Moreira de Sá Tiago, Moreno Sánchez Javier, Moretti Alessandra, Motreanu Dan-Ştefan, Mularczyk Arkadiusz, Müller Piotr, Mullooly Ciaran, Mureşan Siegfried, Muşoiu Ştefan, Nagyová Jana, Nardella Dario, Navarrete Rojas Fernando, Negrescu Victor, Nemec Matjaž, Nerudová Danuše, Nesci Denis, Neuhoff Hans, Neumann Hannah, Nica Dan, Niebler Angelika, Niedermayer Luděk, Niinistö Ville, Nikolaou-Alavanos Lefteris, Nikolic Aleksandar, Ní Mhurchú Cynthia, Noichl Maria, Nordqvist Rasmus, Novakov Andrey, Nykiel Mirosława, Obajtek Daniel, Ódor Ľudovít, Oetjen Jan-Christoph, Oliveira João, Olivier Philippe, Omarjee Younous, Ondruš Branislav, Ó Ríordáin Aodhán, Orlando Leoluca, Ozdoba Jacek, Paet Urmas, Pajín Leire, Palmisano Valentina, Panayiotou Fidias, Papadakis Kostas, Papandreou Nikos, Pappas Nikos, Pascual de la Parte Nicolás, Paulus Jutta, Pedulla’ Gaetano, Pellerin-Carlin Thomas, Peltier Guillaume, Penkova Tsvetelina, Pennelle Gilles, Pereira Lídia, Pérez Alvise, Peter-Hansen Kira Marie, Petrov Hristo, Picaro Michele, Picierno Pina, Picula Tonino, Piera Pascale, Pietikäinen Sirpa, Pimpie Pierre, Piperea Gheorghe, de la Pisa Carrión Margarita, Pokorná Jermanová Jaroslava, Polato Daniele, Polfjärd Jessica, Popescu Virgil-Daniel, Pozņaks Reinis, Prebilič Vladimir, Princi Giusi, Protas Jacek, Pürner Friedrich, Rackete Carola, Radev Emil, Radtke Dennis, Rafowicz Emma, Ratas Jüri, Razza Ruggero, Rechagneux Julie, Regner Evelyn, Repasi René, Ressler Karlo, Reuten Thijs, Riba i Giner Diana, Ricci Matteo, Ridel Chloé, Riehl Nela, Ripa Manuela, Rodrigues André, Ros Sempere Marcos, Roth Neveďalová Katarína, Rougé André, Ruissen Bert-Jan, Ruotolo Sandro, Rzońca Bogdan, Saeidi Arash, Salini Massimiliano, Salis Ilaria, Salla Aura, Sánchez Amor Nacho, Sanchez Julien, Sancho Murillo Elena, Saramo Jussi, Sardone Silvia, Šarec Marjan, Sargiacomo Eric, Satouri Mounir, Saudargas Paulius, Sbai Majdouline, Sberna Antonella, Schaldemose Christel, Schaller-Baross Ernő, Schenk Oliver, Scheuring-Wielgus Joanna, Schieder Andreas, Schilling Lena, Schneider Christine, Schnurrbusch Volker, Schwab Andreas, Scuderi Benedetta, Seekatz Ralf, Sell Alexander, Serrano Sierra Rosa, Sidl Günther, Sienkiewicz Bartłomiej, Sieper Lukas, Simon Sven, Singer Christine, Sinkevičius Virginijus, Sippel Birgit, Sjöstedt Jonas, Śmiszek Krzysztof, Smith Anthony, Smit Sander, Sokol Tomislav, Solier Diego, Solís Pérez Susana, Sommen Liesbet, Sonneborn Martin, Sorel Malika, Sousa Silva Hélder, Søvndal Villy, Squarta Marco, Staķis Mārtiņš, Stancanelli Raffaele, Ștefănuță Nicolae, Steger Petra, Stier Davor Ivo, Storm Kristoffer, Stöteler Sebastiaan, Stoyanov Stanislav, Strack-Zimmermann Marie-Agnes, Strada Cecilia, Streit Joachim, Strik Tineke, Strolenberg Anna, Sturdza Şerban Dimitrie, Stürgkh Anna, Sypniewski Marcin, Szczerba Michał, Szekeres Pál, Szydło Beata, Tamburrano Dario, Tânger Corrêa António, Tarczyński Dominik, Tarquinio Marco, Tarr Zoltán, Târziu Claudiu-Richard, Tavares Carla, Tegethoff Kai, Temido Marta, Teodorescu Georgiana, Teodorescu Måwe Alice, Terheş Cristian, Ter Laak Ingeborg, Terras Riho, Tertsch Hermann, Thionnet Pierre-Romain, Timgren Beatrice, Tinagli Irene, Tobback Bruno, Tobé Tomas, Tolassy Rody, Tomac Eugen, Tomašič Zala, Tomaszewski Waldemar, Tomc Romana, Tonin Matej, Toom Jana, Topo Raffaele, Torselli Francesco, Tosi Flavio, Toussaint Marie, Tovaglieri Isabella, Toveri Pekka, Tridico Pasquale, Trochu Laurence, Tsiodras Dimitris, Turek Filip, Tynkkynen Sebastian, Uhrík Milan, Vaidere Inese, Valchev Ivaylo, Vălean Adina, Valet Matthieu, Van Brempt Kathleen, Van Brug Anouk, van den Berg Brigitte, Vandendriessche Tom, Van Dijck Kris, Van Lanschot Reinier, Van Leeuwen Jessika, Vannacci Roberto, Van Overtveldt Johan, Van Sparrentak Kim, Varaut Alexandre, Vasconcelos Ana, Vasile-Voiculescu Vlad, Vautmans Hilde, Vedrenne Marie-Pierre, Ventola Francesco, Verheyen Sabine, Verougstraete Yvan, Veryga Aurelijus, Vešligaj Marko, Vicsek Annamária, Vieira Catarina, Vigenin Kristian, Vilimsky Harald, Vincze Loránt, Vind Marianne, Vistisen Anders, Vivaldini Mariateresa, Volgin Petar, von der Schulenburg Michael, Vondra Alexandr, Voss Axel, Vozemberg-Vrionidi Elissavet, Vrecionová Veronika, Vázquez Lázara Adrián, Waitz Thomas, Walsh Maria, Walsmann Marion, Warborn Jörgen, Warnke Jan-Peter, Wąsik Maciej, Wawrykiewicz Michał, Wcisło Marta, Wechsler Andrea, Weimers Charlie, Werbrouck Séverine, Wiesner Emma, Wiezik Michal, Wilmès Sophie, Winkler Iuliu, Winzig Angelika, Wiseler-Lima Isabel, Wiśniewska Jadwiga, Wölken Tiemo, Wolters Lara, Yar Lucia, Yon-Courtin Stéphanie, Yoncheva Elena, Zacharia Maria, Zajączkowska-Hernik Ewa, Zalewska Anna, Žalimas Dainius, Zan Alessandro, Zarzalejos Javier, Zdechovský Tomáš, Zdrojewski Bogdan Andrzej, Zijlstra Auke, Zīle Roberts, Zingaretti Nicola, Złotowski Kosma, Zoido Álvarez Juan Ignacio, Zovko Željana, Zver Milan

    Excused:

    Andersson Li, Friis Sigrid, Hazekamp Anja

    MIL OSI Europe News –

  • Indian NBFCs to clock 25 pc growth in education loan assets in FY26 amid US uncertainties

    Source: Government of India

    Source: Government of India (4)

    For non-banking finance companies (NBFCs) in India, education loans have been the fastest-growing asset class, clocking over 50 per cent growth in the assets under management (AUM) over the past few years, a report said on Wednesday. This fiscal (FY26), growth is seen moderating to 25 per cent with AUM reaching Rs 80,000 crore.

    The pace is likely to halve this fiscal as disbursements for pursuing educational courses in the US decelerate following a raft of policy changes in that country, according to the report by Crisil Rating.

    To mitigate the impact, NBFCs are diversifying into new geographies and product adjacencies. While non-performing assets (NPAs) have remained stable so far, asset quality will be monitorable given the global uncertainties and a large proportion of AUM (85) remaining under contractual principal moratorium, the report mentioned.

    The education loan AUM of NBFCs grew a rapid 48 per cent to Rs 64,000 crore last fiscal. That followed an even faster 77 per cent growth in fiscal 2024.

    “Policy uncertainties in the US, combined with measures including reduced visa appointments and the proposed elimination of Optional Practical Training norms have culled newer loan originations. This has led to a 30 per cent decline in total disbursements to that geography last fiscal,” said Malvika Bhotika, Director, Crisil Ratings.

    Disbursements linked to even Canada, the second-largest market, fell as student visa rules turned stricter, including increased financial requirements via proof of available funds, and cap on permits.

    “Consequently, overall education loan disbursements were up only 8 per cent in fiscal 2025, compared with 50 per cent in fiscal 2024, Bhotika mentioned.

    To offset these headwinds, NBFCs have sharpened focus on other geographies.

    Disbursements linked to courses in the UK, Germany, Ireland and smaller countries have doubled in the past fiscal as students opted for alternative destinations.

    The share of such geographies in total disbursements rose to almost 50 per cent in fiscal 2025 from 25 per cent a year ago.

    NBFCs are also looking at domestic student loans and adjacencies such as school funding, loans for skill development, certification and coaching. Given the lower ticket sizes of such loans, their share in the overall portfolio is unlikely to be material, but they may lend some stability in times of global uncertainties.

    “The ability of NBFCs to scale up and maintain asset quality in some of the newer domestic products will bear watching as well,” said Sonica Gupta, Associate Director, Crisil Ratings. Moreover, the agility of the NBFCs to navigate the complexities of the global landscape, characterised by uncertainty and change in preferences of students, will be crucial for sustained growth and success.

    (IANS)

  • MIL-OSI Submissions: Doing business in conflict zones: what companies can learn from Lafarge’s exit from Syria

    Source: The Conversation – France – By Nathalie Belhoste, Associate professor, EM Lyon Business School

    The world experienced over 60 armed conflicts in 2024, a “historically high” number according to scholars in the Department of Peace and Conflict Research at Uppsala University. Consequently, the risks faced by multinational companies (MNCs) operating in conflict-torn regions, especially the Middle East and North Africa, have significantly intensified. Israel’s recent airstrikes targeting Iran’s nuclear facilities are another reminder of the escalating violence and instability that are causing loss of life and threatening businesses.

    In response to the increase in international crises and armed violence, the United Nations Global Compact has urged companies and investors to adopt more responsible practices in conflict-affected and high-risk areas, so as to position themselves as crucial actors in providing peace and stability.

    The role of business in conflict zones

    The debate over the role of business in conflict zones is not new but is gaining traction among scholars and practitioners alike. Questions include whether companies can leverage their influence to support peacebuilding efforts, and whether some firms may exploit unstable environments to maximize profit and thus exacerbate conflict.

    MNCs tend to respond to conflict by adopting one of the following strategies:

    1) an exit strategy (ie withdrawing from a conflict zone)

    2) a business-as-usual strategy that merely complies with changing local conditions and regulations

    3) a take-advantage strategy of profiteering from a war economy

    4) or a proactive engagement strategy aimed at contributing to public security

    But, if an MNC decides to stay and continue operating in a conflict zone, it can hardly be guided by a single strategy. Moreover, since strategies evolve in response to unfolding events, their adaptation may lead to unforeseen consequences and possibly far-reaching negative impacts.

    This is clearly demonstrated by our recent study on the case of Lafarge in Syria. Lafarge Cement Syria (LCS), the local subsidiary of the former French multinational construction company Lafarge, continued operating during the Syrian civil war from 2011 until 2014, while most foreign companies withdrew in response to escalating violence and political instability. To maintain production at its Jalabiya plant in northeast Syria, LCS managers established arrangements with various armed groups, including the Islamic State of Iraq and Syria (ISIS) and the al-Nusrah Front (ANF) – “both US-designated foreign terrorist organisations” – providing financial payments called “protection money” and purchasing raw material from suppliers under their control.

    The MNC’s stay-at-all-cost strategy in an active civil war zone culminated in a forced withdrawal from Syria – the night before ISIS took full control over the LCS factory – and subsequent, ongoing legal proceedings in France against Lafarge and LCS for alleged financing of terrorism (at least €13 million paid to armed groups including ISIS), violation of international sanctions against Syria, complicity in crimes against humanity, and endangering the lives of others. In early 2024, a French court dropped the charge against Lafarge of endangering the lives of its Syrian employees.

    In 2022, Lafarge and its Syrian subsidiary pleaded guilty in a US federal court to conspiring to provide material support to foreign terrorist organisations. Lafarge agreed to pay a $778 million fine. The guilty plea came seven years after “what was originally billed as a merger of equals” between Lafarge and its Swiss rival Holcim. The year after LafargeHolcim, amid a growing scandal over the allegations, renamed itself Holcim Ltd.


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    A ‘downward spiral’

    In our study, we examined how some Lafarge and LCS managers navigated Syria’s shifting wartime landscape by analysing the relational, informational and financial strategies they used to engage with various non-state armed groups to sustain operations. Our findings reveal that over the four-year period from 2011 to 2014, a series of short-term, cost-benefit decisions produced a “downward spiral” of strategic responses. Rather than ensuring the company’s survival in an active conflict zone, these strategies increased its dependence on regime-connected intermediaries and war profiteers, and entangled it in the darkness of the Syrian war economy. Ultimately, this led to consequences that extended far beyond mere business failure.

    Four key factors shaped this downward spiral. The first is the diversity and fluidity of non-state armed actors with whom the company engaged. LCS paid “protection money” to a range of armed groups – including Kurdish military factions, insurgent groups and militias – prior to the emergence of jihadist organisations, particularly ISIS, in the vicinity of its cement factory. Initially, threats posed by jihadist groups were overshadowed by the complex, shifting alliances and rivalries among local actors vying for control over the resources in the region.

    The second factor that shaped the downward spiral is the gradual collapse of state authority in Syria, especially in the region near the factory. When the factory began production in 2010, its operations took place in a zone under the control of the Syrian government. This was a certain guarantee of security provided by the regime, which wanted to ensure the continuous payment of LCS local taxes. But after the outbreak of the civil war in 2011, the government started losing control in many parts of the country, including northeast Syria. Faced with this institutional vacuum, LCS managers took security into their own hands by establishing arrangements with various armed groups to safeguard their business.

    The third factor is the level of the subsidiary’s exposure to the conflict. At first, the plant’s exposure to violence was low because of its geographical distance from the heart of the conflict. However, by mid-2012, and especially in 2013, fighting intensified close to the factory, which sat near the strategic M4 highway linking eastern Syria to Turkey and Iraq. The highway was a key route used by the company’s suppliers, but also by local rebel and militia groups.

    The fourth factor relates to the vulnerability of infrastructure and local supply chains. With $680 million invested in the cement plant’s construction and big hopes for a post-war reconstruction boom in the region, Lafarge was determined to protect its assets and access to critical resources. This imperative, coupled with ambitions to merge with Holcim as early as 2013 (the merger was completed in 2015), drove the company to prioritize continued production, even if it meant aligning with local warlords.

    These four factors and their respective dynamics pushed Lafarge and LCS to adopt increasingly unconventional and ethically questionable strategies. In adapting to the unfolding conflict and increasing violence, the company made a series of compromises that ultimately led to negotiations and arrangements with ISIS.

    What lessons should MNCs draw from this case?

    Lafarge’s dismal experience in war-torn Syria highlights a pattern of “organisational shortsightedness” that often affects MNC managers operating in conflict zones. As security deteriorates, firms may become entangled with local power brokers, adapting incrementally to survive, until they are so embedded that withdrawal becomes impossible. To break this cycle, companies must rigorously assess the potential fallout of their strategies and avoid entanglements with armed factions altogether. Moreover, to survive in conflict zones, MNC subsidiary managers need to gain country-specific knowledge and experience, and consider context complexity and dynamics as constituent elements of their strategies.

    Our research serves as a cautionary tale. It warns decision-makers of the dangers of deploying financial and relational strategies in conflict zones that may increase a company’s dependence on non-state armed groups. Such business practices risk compromising objective decision-making and obscuring legal and ethical boundaries and can ultimately backfire. To avoid this, managers should design a responsible withdrawal strategy at the beginning of an armed conflict to ensure employees’ safety. Managers must also adopt ethical and conflict-sensitive practices in strict compliance with the actions for businesses operating in conflict zones recommended by the UN Global Compact.



    À lire aussi :
    Will multinational companies flock to Syria? Maybe, if foreign aid arrives first

    We also encourage corporate leaders to develop “critical geopolitical awareness” by gaining more contextual knowledge and integrating a multilevel political risk analysis into their strategies. This would provide them with a deeper understanding of the complexity and dynamics of an armed conflict and the relevant actors they need to engage with or avoid. Only with informed leadership can managers effectively and responsibly navigate the complex and often hazardous landscape of doing business in conflict zones.

    Les auteurs ne travaillent pas, ne conseillent pas, ne possèdent pas de parts, ne reçoivent pas de fonds d’une organisation qui pourrait tirer profit de cet article, et n’ont déclaré aucune autre affiliation que leur organisme de recherche.

    – ref. Doing business in conflict zones: what companies can learn from Lafarge’s exit from Syria – https://theconversation.com/doing-business-in-conflict-zones-what-companies-can-learn-from-lafarges-exit-from-syria-260604

    MIL OSI –

  • MIL-OSI China: Wang powers into WTT US Smash last 16, Sun survives

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

    Reigning world champion Wang Chuqin advanced to the men’s singles last 16 with a 3-1 win over Kao Cheng-jui of Chinese Taipei, while women’s world No. 1 Sun Yingsha endured another full-game battle at the World Table Tennis (WTT) United States Smash on Tuesday.

    As Team China’s only remaining player in the bottom half, Wang started strong with an 11-2 opening game. Kao leveled with an 11-9 win, but Wang responded confidently, taking the next two games 11-6, 11-3 to close out the match.

    Wang Chuqin hits a return during the men’s singles round of 32 match between Wang Chuqin of China and Wong Chun Ting of China’s Hong Kong at ITTF World Table Tennis Championships Finals Doha 2025 in Doha, Qatar, May 20, 2025. (Xinhua/Liu Xu)

    “We met many times before, so I was fully prepared for this match, especially considering the uncertainties brought by the venue and table,” said Wang. “When leading in the second game, I was a bit conservative, but after negotiations with my coach, I felt that I needed to stick to my own style of play.”

    French qualifier Lilian Bardet, who upset China’s Liang Jingkun in the previous round, continued his surprise run with a 3-1 victory over Germany’s Ricardo Walther.

    “I’m very happy and very proud of myself for this run. It’s not over yet and I hope to go as far as possible,” said Bardet.

    “Now I just want to carry this confidence and continue to play relaxed and let’s see how it goes,” he added.

    Sixth seed Felix Lebrun won 3-1 in an all-French clash with Simon Gauzy. German seeds Benedikt Duda and Qiu Dang also progressed to the third round.

    Sun Yingsha, who was pushed to five games by Australia’s Liu Yangzi in the opening round, faced another test against 17-year-old Hana Goda. The Egyptian teenager led two-one before Sun rallied with back-to-back 11-7 wins to complete the comeback.

    “Hana is quite young. She posed a huge challenge to me today with determination to win. Facing adversities, I just tried to improve my game with staunch belief,” commented Sun.

    Sun was joined in the women’s last 16 by teammates Chen Xingtong, Kuai Man and Chen Yi, as well as Japan’s Miwa Harimoto and Hina Hayata.

    Kuai also advanced to the mixed doubles quarterfinals with Lin Shidong after the top seeds swept Austria’s Robert Gardos and Sofia Polcanova in straight games.

    MIL OSI China News –

  • MIL-OSI Security: NATO Committee on Reserves Summer Plenary Meeting

    Source: NATO

    From 24 to 26 June, the NATO Committee on Reserves (NCR) convened its Summer Plenary Meeting in Kirkenes, Norway, at the invitation of the Norwegian military authorities.

    Highlights included a detailed presentation on Norway’s model for border protection, which features close cooperation between national entities such as the Border Commissioner, the Police, and the Armed Forces. Participants also visited the Parsvik Border Station, where they observed highly skilled and motivated young soldiers guarding the Norwegian-Russian border.

    One of the NCR’s key objectives is the sharing of best practices. Norway, Finland and Sweden presented their national approaches to Total Defence. They outlined how they involve the whole of society in conscription, mobilization, recruitment, education and training, with a strong focus on integrating Reserves into regular Armed Forces structures.

    The meeting also provided a timely opportunity to explore the growing strategic importance of NATO’s Nordic Region and the High North. Delegates left Kirkenes with valuable insights and practical knowledge to help further develop national Reserve capabilities. The Committee will reconvene for its Winter Plenary Meeting in Norfolk, USA, from 26 to 29 January 2026.

    The NCR serves as the Military Committee’s standing advisory body on Reserve matters. It is composed of national representatives along with liaison officers from the International Military Staff (IMS), Allied Command Operations (ACO), and Allied Command Transformation (ACT).

    MIL Security OSI –

  • MIL-OSI Security: NATO Committee on Reserves Summer Plenary Meeting

    Source: NATO

    From 24 to 26 June, the NATO Committee on Reserves (NCR) convened its Summer Plenary Meeting in Kirkenes, Norway, at the invitation of the Norwegian military authorities.

    Highlights included a detailed presentation on Norway’s model for border protection, which features close cooperation between national entities such as the Border Commissioner, the Police, and the Armed Forces. Participants also visited the Parsvik Border Station, where they observed highly skilled and motivated young soldiers guarding the Norwegian-Russian border.

    One of the NCR’s key objectives is the sharing of best practices. Norway, Finland and Sweden presented their national approaches to Total Defence. They outlined how they involve the whole of society in conscription, mobilization, recruitment, education and training, with a strong focus on integrating Reserves into regular Armed Forces structures.

    The meeting also provided a timely opportunity to explore the growing strategic importance of NATO’s Nordic Region and the High North. Delegates left Kirkenes with valuable insights and practical knowledge to help further develop national Reserve capabilities. The Committee will reconvene for its Winter Plenary Meeting in Norfolk, USA, from 26 to 29 January 2026.

    The NCR serves as the Military Committee’s standing advisory body on Reserve matters. It is composed of national representatives along with liaison officers from the International Military Staff (IMS), Allied Command Operations (ACO), and Allied Command Transformation (ACT).

    MIL Security OSI –

  • MIL-OSI: AFL Group: Notification of the Removal of the Pillar 2 Requirement (P2R)

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    9thJuly 2025

    AFL Group: Notification of the Removal of the Pillar 2 Requirement (P2R)

    On 20 June 2025, the French Prudential Supervision and Resolution Authority (ACPR) notified Agence France Locale – Société Territoriale (AFL-ST), the parent company of AFL, the bank for local authorities, of the removal of its Pillar 2 own funds requirement (P2R), effective from 1 January 2025.

    During its meeting on 24 October 2024, the ACPR Supervisory College reviewed the prudential profile of AFL-ST as part of its annual Supervisory Review and Evaluation Process (SREP). Following this review, the ACPR concluded that the imposition of an additional own funds requirement under Pillar 2 (P2R) was no longer warranted given the institution’s current risk profile. As a result, the authority has decided not to renew this requirement, with effect from 1 January 2025.

    AFL-ST is thus required to maintain own funds sufficient to meet a total capital requirement of 8% under Pillar 1. In addition, it must comply with a Common Equity Tier 1 (CET1) capital conservation buffer of 2.5%. It should also be noted that, since 2 January 2024, the French High Council for Financial Stability (HCSF) has set the countercyclical capital buffer applicable to French exposures at 1%.

    As of 31 December 2024, the AFL Group’s capital adequacy ratio stood at 62.75%.

    “This decision reflects the strength of our prudent management framework and will allow the AFL Group to continue its sound and sustainable development in support of French local authorities,” Yves Millardet, Chairman of the Management Board of AFL.

    About AFL, the bank for local authorities

    “To embody responsible finance in order to strengthen the local world’s ability to act, addressing the present and future needs of citizens.”

    The only French bank fully owned (100%) by local authorities, the AFL has a unique and innovative model: a bank created by and for all local authorities. By becoming AFL’s shareholders, local authorities gain access to fast, tailored financing for their local investments while committing to sustainable and responsible finance practices. For local authorities, it is the freedom to invest, with a controlled management of their finances. Since its launch in 2015, the AFL has already granted nearly €11.5 billion in loans, including €2 billion in 2024, and currently has 1,131 shareholders.
    More information: www.agence-france-locale.fr

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  • Indian NBFCs to clock 25 pc growth in education loan AUM in FY26 amid US uncertainties

    Source: Government of India

    Source: Government of India (4)

    For non-banking finance companies (NBFCs) in India, education loans have been the fastest-growing asset class, clocking over 50 per cent growth in the assets under management (AUM) over the past few years, a report said on Wednesday. This fiscal (FY26), growth is seen moderating to 25 per cent with AUM reaching Rs 80,000 crore.

    The pace is likely to halve this fiscal as disbursements for pursuing educational courses in the US decelerate following a raft of policy changes in that country, according to the report by Crisil Rating.

    To mitigate the impact, NBFCs are diversifying into new geographies and product adjacencies. While non-performing assets (NPAs) have remained stable so far, asset quality will be monitorable given the global uncertainties and a large proportion of AUM (85) remaining under contractual principal moratorium, the report mentioned.

    The education loan AUM of NBFCs grew a rapid 48 per cent to Rs 64,000 crore last fiscal. That followed an even faster 77 per cent growth in fiscal 2024.

    “Policy uncertainties in the US, combined with measures including reduced visa appointments and the proposed elimination of Optional Practical Training norms have culled newer loan originations. This has led to a 30 per cent decline in total disbursements to that geography last fiscal,” said Malvika Bhotika, Director, Crisil Ratings.

    Disbursements linked to even Canada, the second-largest market, fell as student visa rules turned stricter, including increased financial requirements via proof of available funds, and cap on permits.

    “Consequently, overall education loan disbursements were up only 8 per cent in fiscal 2025, compared with 50 per cent in fiscal 2024, Bhotika mentioned.

    To offset these headwinds, NBFCs have sharpened focus on other geographies.

    Disbursements linked to courses in the UK, Germany, Ireland and smaller countries have doubled in the past fiscal as students opted for alternative destinations.

    The share of such geographies in total disbursements rose to almost 50 per cent in fiscal 2025 from 25 per cent a year ago.

    NBFCs are also looking at domestic student loans and adjacencies such as school funding, loans for skill development, certification and coaching. Given the lower ticket sizes of such loans, their share in the overall portfolio is unlikely to be material, but they may lend some stability in times of global uncertainties.

    “The ability of NBFCs to scale up and maintain asset quality in some of the newer domestic products will bear watching as well,” said Sonica Gupta, Associate Director, Crisil Ratings. Moreover, the agility of the NBFCs to navigate the complexities of the global landscape, characterised by uncertainty and change in preferences of students, will be crucial for sustained growth and success.

    (IANS)

  • Germany move closer to Euro 2025 knockouts with 2-1 win over Denmark

    Source: Government of India

    Source: Government of India (4)

    Germany’s Sjoeke Nuesken and Lea Schueller struck in the second half to fire the eight-times champions to the verge of the Euro 2025 quarter-finals with a 2-1 victory over Denmark on Tuesday that left the Danes on the brink of an early exit.

    Trailing 1-0 in a game in which two key VAR decisions in the first half went against them, Germany finally got on the scoresheet when they were awarded a penalty in the 56th minute. Nuesken stepped up and calmly slotted her spot-kick into the bottom corner.

    Schueller put the Germans ahead 10 minutes later after a failed clearance by Denmark landed at the Bayern Munich forward’s feet and she swept it into the far corner.

    “This is a victory of mentality, we knew it was going to be tight, we were very happy we were able to turn it around,” Germany coach Christian Wueck said. “It was the mentality, they really wanted to win, so we love to take that away with us.”

    Germany had celebrated what they thought was the opening goal by Klara Buehl but boos rang around the packed St Jakob-Park stadium when it was ruled offside.

    That seemed to halt Germany’s momentum and Amalie Vangsgaard struck for Denmark in the 26th minute when she took a touch before unleashing a shot from a tight angle past Ann-Katrin Berger.

    Germany thought they had won a penalty earlier when the referee whistled and pointed to the spot because of a Denmark handball but VAR determined it was outside the box, prompting more boos from the German fans.

    The Germans will secure their quarter-final place if Poland fail to beat Sweden in Tuesday’s late Group C game.

    Germany defeated Poland in their tournament opener but it came at a heavy cost as captain Giulia Gwinn suffered a knee injury that ended her tournament. Banners of support for the absent skipper dotted the crowd on Tuesday.

    Although Gwinn’s loss was huge, the team’s collective strength enabled them to come from behind after trailing at halftime for only the fourth time in Euros history, as they cranked up the intensity in the second half, finishing the game with 27 shots to Denmark’s five.

    Germany have dominated the Euros since they won the competition for the first time as West Germany in 1989. They lost 2-1 to England in the 2022 final, but have been rebuilding after suffering a shock exit in the group stage of the 2023 World Cup. Denmark had lost to neighbours Sweden in their opener.

    “I think our performance is good in general for a team working extremely hard, but it’s a very good German team,” Denmark coach Andree Jeglertz said.

    “It’s about winning and taking points, and I’m very disappointed that we don’t manage to keep the result, or at least get a point in the end.”

    (Reuters)

  • Germany move closer to Euro 2025 knockouts with 2-1 win over Denmark

    Source: Government of India

    Source: Government of India (4)

    Germany’s Sjoeke Nuesken and Lea Schueller struck in the second half to fire the eight-times champions to the verge of the Euro 2025 quarter-finals with a 2-1 victory over Denmark on Tuesday that left the Danes on the brink of an early exit.

    Trailing 1-0 in a game in which two key VAR decisions in the first half went against them, Germany finally got on the scoresheet when they were awarded a penalty in the 56th minute. Nuesken stepped up and calmly slotted her spot-kick into the bottom corner.

    Schueller put the Germans ahead 10 minutes later after a failed clearance by Denmark landed at the Bayern Munich forward’s feet and she swept it into the far corner.

    “This is a victory of mentality, we knew it was going to be tight, we were very happy we were able to turn it around,” Germany coach Christian Wueck said. “It was the mentality, they really wanted to win, so we love to take that away with us.”

    Germany had celebrated what they thought was the opening goal by Klara Buehl but boos rang around the packed St Jakob-Park stadium when it was ruled offside.

    That seemed to halt Germany’s momentum and Amalie Vangsgaard struck for Denmark in the 26th minute when she took a touch before unleashing a shot from a tight angle past Ann-Katrin Berger.

    Germany thought they had won a penalty earlier when the referee whistled and pointed to the spot because of a Denmark handball but VAR determined it was outside the box, prompting more boos from the German fans.

    The Germans will secure their quarter-final place if Poland fail to beat Sweden in Tuesday’s late Group C game.

    Germany defeated Poland in their tournament opener but it came at a heavy cost as captain Giulia Gwinn suffered a knee injury that ended her tournament. Banners of support for the absent skipper dotted the crowd on Tuesday.

    Although Gwinn’s loss was huge, the team’s collective strength enabled them to come from behind after trailing at halftime for only the fourth time in Euros history, as they cranked up the intensity in the second half, finishing the game with 27 shots to Denmark’s five.

    Germany have dominated the Euros since they won the competition for the first time as West Germany in 1989. They lost 2-1 to England in the 2022 final, but have been rebuilding after suffering a shock exit in the group stage of the 2023 World Cup. Denmark had lost to neighbours Sweden in their opener.

    “I think our performance is good in general for a team working extremely hard, but it’s a very good German team,” Denmark coach Andree Jeglertz said.

    “It’s about winning and taking points, and I’m very disappointed that we don’t manage to keep the result, or at least get a point in the end.”

    (Reuters)

  • Sweden reach Euro 2025 knockouts with 3-0 win over Poland

    Source: Government of India

    Source: Government of India (4)

    Sweden subjected Poland to an all-out aerial attack, scoring three headed goals in a 3-0 win to reach the knockout stages of the women’s European Championship, with captain Kosovare Asllani playing the role of air traffic controller throughout.

    The mercurial 35-year-old sent an early looping header bouncing off the woodwork before teeing up Stina Blackstenius to open the scoring.

    She then netted a header herself after the break, with Lina Hurtig adding a third from a corner as the Swedes guaranteed a top-two spot in Group C and a place in the next round. They will face Germany in their final group game on Saturday to decide who finishes top.

    “The plan was to attack through the flanks and through the wings, because we knew we would have a lot of space there, so we tried to attack, and got a lot of crosses in,” Asllani told Reuters.

    “The first goal, I waited one second extra, waited for their defenders to move, for me to chip it in to Stina. So it’s three headers, three beautiful goals, the three points.”

    The Swedes never relented, pushing down the wings throughout the game.

    “We had seen clips where they are centred themselves a lot, so it felt natural for us to go wide and work from there. It worked for the whole game, so we just kept going at it,” midfielder Filippa Angeldahl told Reuters.

    “We’ll go through Germany and we’ll take a lot of things with us from today. Obviously we’re strong in the box and we want to get in the box as much as possible.”

    With Poland and Denmark now eliminated, it remains to be seen whether the Swedes will adopt the same tactics against Germany when the two sides battle it out in Zurich, and Asllani had a steely look when asked what the plan would be.

    “We want to win the group. That’s clear,” she said.

    (Reuters)

     

  • European heatwave caused 2,300 deaths, scientists estimate

    Source: Government of India

    Source: Government of India (4)

    Around 2,300 people died of heat-related causes across 12 European cities during the severe heatwave that ended last week, according to a rapid scientific analysis published on Wednesday.

    The study targeted the 10 days, ending July 2, during which large parts of Western Europe were hit by extreme heat, with temperatures breaching 40 degrees Celsius (104°F) in Spain and wildfires breaking out in France.

    Of the 2,300 people estimated to have died during this period, 1,500 deaths were linked to climate change, which made the heatwave more severe, according to the study conducted by scientists at Imperial College London and the London School of Hygiene and Tropical Medicine.

    “Climate change has made it significantly hotter than it would have been, which in turn makes it a lot more dangerous,” said Dr Ben Clarke, a researcher at Imperial College London.

    The study covered 12 cities including Barcelona, Madrid, London and Milan, where the researchers said climate change had increased heatwave temperatures by up to 4 degrees Celsius.

    The researchers used established epidemiological models and historical mortality data to estimate the death toll, which reflects deaths where heat was the underlying reason for mortality, including if exposure exacerbated pre-existing health conditions.

    The scientists said they used peer-reviewed methods to quickly produce the estimated death toll, because most heat-related deaths are not officially reported and some governments do not release this data.

    Last month was the planet’s third-hottest June on record, behind the same month in 2024 and 2023, the EU’s Copernicus Climate Change Service said in a monthly bulletin on Wednesday.

    Western Europe experienced its warmest June on record, with much of the region experiencing “very strong heat stress” – defined by conditions that feel like a temperature of 38 degrees Celsius or more, Copernicus said.

    “In a warming world, heatwaves are likely to become more frequent, more intense and impact more people across Europe,” said Samantha Burgess, Copernicus’ strategic lead for climate.

    Researchers from European health institutes reported in 2023 that as many as 61,000 people may have died in Europe’s sweltering heatwaves in 2022, according to new research, suggesting countries’ heat preparedness efforts are falling fatally short.

    The build-up of greenhouse gas emissions in the atmosphere – which mostly come from the burning of fossil fuels – means the planet’s average temperature has increased over time. This increase in baseline temperatures means that when a heatwave comes, temperatures can surge to higher peaks.

    (Reuters)

  • MIL-OSI: Dassault Systèmes: declaration of the number of outstanding shares and voting rights as of June 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    VELIZY-VILLACOUBLAY, France — July 9, 2025
                    

    Declaration of the number of outstanding shares and
    voting rights as of June 30, 2025

    Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced below the total number of its outstanding shares and voting rights as of June 30, 2025, according to articles 223-16 and 221-3 of the General Regulation of the Autorité des marchés financiers.

    Number of outstanding shares: 1,344,885,108

    Number of voting rights*: 2,017,243,755

    *The total number of voting rights is calculated on the basis of the total number of outstanding shares, even if the voting rights attached thereto are suspended, pursuant to Article 223-11 of the General Regulation of the Autorité des marchés financiers relating to the method for calculating the percentages of holdings in shares and in voting rights. We invite our shareholders to refer to this article should they need to declare crossing of thresholds.

    Declarations related to crossing of threshold must be sent to:
    Dassault Systèmes, Investor Relations Service, 10, rue Marcel Dassault, CS 40501, 78946 Vélizy-Villacoublay Cedex (France). E-mail address: Investors@3ds.com  

    ###

    ABOUT DASSAULT SYSTÈMES

    Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 370 000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit www.3ds.com

    Dassault Systèmes Investor Relations Team                FTI Consulting
    Béatrix Martinez :                                        Arnaud de Cheffontaines: +33 1 47 03 69 48
    +33 1 61 62 40 73                                        Jamie Ricketts : +44 20 3727 1600
    investors@3ds.com                                        

    Dassault Systèmes Press Contacts
    Corporate / France        
    Arnaud Malherbe / Déborah Cobbi
    +33 1 61 62 87 73 / +33 1 61 62 70 83
    arnaud.malherbe@3ds.com / deborah.cobbi@3ds.com

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