Category: Technology

  • MIL-OSI New Zealand: New report: Uber shifted millions offshore, avoiding $56m in NZ tax – Workers First Union

    Source: Workers First Union

    A new report from the Centre for International Corporate Tax Accountability and Research (CICTAR), commissioned by Workers First Union, argues that multinational rideshare and delivery giant Uber appears to be shifting hundreds of millions in misclassified profits out of New Zealand, costing the country millions in tax revenue.
    The report examines Uber’s local and global business practices and approach to revenue and taxation, concluding that Uber’s practice of misclassification ext

    MIL OSI New Zealand News

  • MIL-Evening Report: Politics with Michelle Grattan: Kerrynne Liddle on seizing more opportunities with Indigenous Australians

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    From this Sunday, Australians will be celebrating NAIDOC Week, which marks its 50th anniversary this year.

    The week highlights the achievements, history and culture of Australia’s First Peoples. It’s also a time to reflect on the huge effort needed to materially improve the lives of Indigenous communities and individuals.

    On this podcast, we’re joined by Senator Kerrynne Liddle, an Arrernte woman and the first Aboriginal federal parliamentarian from South Australia. Senator Liddle is shadow minister for Indigenous Australians and shadow minister for social services on Opposition Leader Sussan Ley’s frontbench.

    On the Closing the Gap targets, which shows progress being made on only four of the 19 targets, Liddle says a stronger focus is required on early intervention.

    Across all of these areas we know that a very small amount of money goes into prevention and early intervention. And if I take incarceration specifically, in the prison system, we know that 60% of people that are in there actually are often return people. So recidivism is a major issue.

    When you look at the reason why many people are in custody, it is because of violence. So addressing the key issue of violence – hopefully before it begins – is going to be really, really important here.

    But also responding quick enough to support those victim-survivors, who need to be able to remove themselves from that situation, or remove the perpetrator from that situation. That’s going to be crucial for people to able to improve outcomes for themselves. Because if there is much disruption and dysfunction in a family, everyone is affected.

    Liddle says the problems are known, but money isn’t getting to the right places fast enough.

    Only two weeks ago, I was in Mutitjulu in Central Australia, at Uluru. People there were talking about how infrastructure is failing to keep up with demand. They were talking about how people struggle to navigate the service system. They talk about how children don’t have enough activities out of school and they didn’t have enough sports and recreation people.

    This is not new, these are things we hear over and over again. The frustration is money flowing, in a timely manner, and actually ensuring that there is accountability that the money has flowed effectively and for the purpose that it was intended.

    Liddle says her focus will remain on having those “unpleasant conversations” focused on real outcomes, rather than on symbolic causes.

    I just want to say that conversations about acknowledgement of country, welcome to country, and the flags frustrate me when I know that there are children who are deaf before they actually get to school. There are children who aren’t attending school. There are children who are hungry and are finding themselves wandering the streets at night, because it’s not safe to go home.

    They’re the kinds of things I want to continue to talk about, because those are the issues that affect children every single night.

    Drawing on her experience before entering politics, Liddle says helping Indigenous workers integrate into the broader economy can improve personal outcomes.

    These are not intractable [problems]. We can find solutions. I saw that myself, when I was working at [Indigenous tourism company] Voyages. I saw it when I was working in Santos. There were so many good stories about people that just wanted an opportunity. And when it was given to them in sufficient measure, with the right supports that they needed to be successful, they took it up every single time.

    And what was really valuable for them was they were part of the general economy. They were part of the general society. They were a part of the workplace.

    They weren’t relegated to a special Aboriginal employment programme that they could sit on for the rest of their life. It was about saying, ‘you know what? You belong in the economy with all of us and here’s a place for you and we’re going to help you to take that up’. As a person who’s worked in this area, it is extremely satisfying when you identify that opportunity, create that opportunity, and people do respond to that opportunity.

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

    ref. Politics with Michelle Grattan: Kerrynne Liddle on seizing more opportunities with Indigenous Australians – https://theconversation.com/politics-with-michelle-grattan-kerrynne-liddle-on-seizing-more-opportunities-with-indigenous-australians-260288

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: Users of the “My ID” application will receive a discount on goods in the stores of the “Made in Moscow” project

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    City residents are offered to buy products of capital brands in the stores of the project “Made in Moscow” at a reduced price. A promo code for a 10 percent discount was posted in the application “My id”.

    The promotion runs from July 1 to August 31. You can buy ceramics, children’s toys, sports and casual clothing, accessories and jewelry, office supplies, books, bags and backpacks, sweets and other products from Moscow manufacturers at a discount. Thanks to the promotion, Moscow businesses have received an additional tool for promoting their products, and city residents have the opportunity to get acquainted with goods that are produced in Moscow. The full list of brands participating in the promotion is published on the project’s website “Made in Moscow”.

    “As part of the promotion, residents will be able to purchase handmade ceramics, children’s toys made from natural materials, sports and casual clothing, accessories and jewelry, stationery, books, bags and backpacks, sweets and other products from Moscow manufacturers at a discount. In total, more than 50 brands are participating in the promotion. The discount promo code is available in the My ID app. To find it, you need to log in to the app, then click on the button with the logo located at the bottom on the main screen. The section will display “Stories”, where the promo code will be indicated, which must be stated at the checkout when making a purchase,” the press service of the capital said.

    Department of Information Technology.

    The My ID mobile app was launched in July 2023. With its help, Muscovites can use digital versions of documents to receive various city services. For example, passport data, taxpayer identification number, insurance number, and compulsory medical insurance policy are stored here. Information can be viewed at any time or shared with trusted persons. Some documents, including a single library card and a Muscovite card, are presented as QR codes and barcodes to make receiving city services even easier.

    You can download the application in app stores or on the special project page atmos.ru portalTo use all services, simply log in using Mos ID (mos.ru account).

    “Made in Moscow” — a project to promote local brands, of which there are currently over seven thousand. The site features over 34 thousand products created in the capital. Entrepreneurs receive free support measures, including information, and participate in major city events. Products made in the capital are presented in five permanent brand stores.

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, corresponds to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/156111073/

    MIL OSI Russia News

  • MIL-OSI Russia: SEZ Technopolis Moscow leads the ranking of Russian industrial parks and special economic zones

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    For the fifth year in a row, the special economic zone (SEZ) Technopolis Moscow has been a leader in the rating of Russian industrial parks and special economic zones according to the analytical center (AC) Expert. This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

    The rating is formed annually. The main feature of the new, ninth study was the analysis of the level of customer focus of industrial sites as one of the key business requests during the period of global economic transformation.

    “The Technopolis Moscow SEZ is one of the most effective and sought-after tools for supporting the capital’s high-tech business. The companies of the special economic zone regularly create cutting-edge developments that work for the benefit of the entire country. Thus, based on the results of 2024, the rating analysts highly appreciated the contribution of the Technopolis Moscow SEZ to the economy of the Russian Federation, placing it in first place for this indicator. In addition, the Moscow SEZ confirmed its high level of customer focus, receiving the maximum rating score in the Services block,” said Maxim Liksutov.

    In addition, the study assessed the economic efficiency of the activities of management companies of industrial parks and special economic zones. SEZ “Technopolis Moscow” showed one of the best values of average profitability.

    “The Technopolis Moscow SEZ is not only a high-tech industrial infrastructure, but also a space for the development of human and personnel potential. The rating experts noted that in terms of the number of jobs created, the capital’s SEZ is comparable to the employment of a small city. At the moment, more than 22 thousand highly paid jobs have been created in the Moscow SEZ. Educational, sports and leisure events are regularly held for employees and visitors of the special economic zone,” emphasized the Minister of the Moscow Government, Head of the Department of Investment and Industrial Policy

    Anatoly Garbuzov.

    As Gennady Degtyarev, General Director of the Technopolis Moscow special economic zone, noted, the capital’s SEZ pays special attention to creating a favorable business environment. For this purpose, new infrastructure is being built, transport accessibility is being improved, and a wide range of services is being provided – from a resident’s personal account to consulting and marketing services. According to him, these measures contribute to the comprehensive socio-economic development of the capital’s special economic zone.

    Sobyanin: Technopolis Moscow will become one of the largest industrial centers in Europe

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/156135073/

    MIL OSI Russia News

  • MIL-OSI Security: NATO appoints new Chief Scientist

    Source: NATO

    On 1 July 2025, Mr Steen Søndergaard assumes his term as NATO Chief Scientist. He was appointed to the position by the North Atlantic Council earlier this year, upon recommendation by the NATO Science & Technology Board (STB), for a three-year term.

    MIL Security OSI

  • MIL-OSI: PFMCrypto Launches Revolutionary “One-Click Mining”: Cloud-Based AI Mining for Everyone—Starting at Just $10

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 02, 2025 (GLOBE NEWSWIRE) — PFMCrypto, a global leader in AI-powered cloud cryptocurrency mining, has launched its groundbreaking “One-Click Mining” feature. With as little as $10, anyone can now start earning daily passive income in cryptocurrencies—no technical skills or equipment required.

    As the crypto market rebounds and major coins like XRP, Bitcoin, and Ethereum gain momentum, PFMCrypto’s new solution is designed for beginners, side-income seekers, and passive investors who want to earn from crypto without dealing with mining rigs, electricity bills, or market trading risks.

    What Is “One-Click Mining”?
    As the name suggests, users simply register, choose a mining plan, and start earning. Everything else is handled by PFMCrypto’s system.

    Powered by PFMCrypto’s proprietary AI engine AURA, the platform automatically shifts your mining power across top cryptocurrencies like XRP, BTC, ETH, and DOGE to ensure the highest possible daily returns.

    “We built this for people who want to earn from crypto without being crypto experts,” said the PFMCrypto CEO. “Whether you start with $10 or $10,000, now anyone can mine like a pro—with just one click.”

    Traditional Mining Hassles:
    – High hardware costs – Mining rigs and GPUs can cost thousands, pricing out most beginners.
    – Noise, heat, and space – Equipment is loud, generates heat, and takes up living or office space.
    – Sky-high electricity bills – 24/7 operation leads to power costs that can eat into profits.
    – Technical barriers – Setup involves wallets, software, and mining pools. One mistake, and you mine nothing.

    PFMCrypto’s One-Click Cloud Mining Advantage:
    – No equipment needed – Just log in with a phone or computer. No need to buy or install anything.
    – Zero maintenance, zero electricity costs – All mining runs in PFMCrypto’s secure enterprise-grade cloud infrastructure.
    – Daily stable earnings – The system automatically mines the most profitable coins for you in real time.
    – Instant withdrawals – Profits are available for withdrawal daily. No lock-ups. No waiting.
    – Start from just $10 – Perfect for beginners. Low entry, high convenience.

    Just Three Simple Steps to Start:
    1. Sign Up – Register at pfmcrypto.net and receive a free $10 welcome bonus
    2. Choose a Plan – Plans start at just $10, with short and long-term options
    3. Start Mining – Sit back and let PFMCrypto’s AI engine mine the most profitable coins for you

    Sample Mining Plans:
    $100 Plan – 2-day term – Earn $3.00 per day (+$2 bonus)
    $1,000 Plan – 9-day term – Earn $13.10 per day
    $5,000 Plan – 30-day term – Earn $78.50 per day
    $10,000 Plan – 40-day term – Earn $180.00 per day
    All plans guarantee full principal return at maturity. Profits can be withdrawn anytime during the contract term.

    Trusted by Over 9.2 Million Users in 192 Countries
    Since 2018, PFMCrypto has helped millions of users—from everyday investors to crypto professionals—generate passive income through smart mining strategies. The secure cloud-based platform supports mining for XRP, BTC, ETH, DOGE, LTC, and SOL.

    This year alone, PFMCrypto has seen mining contract purchases surge over 378%, reinforcing its position as the go-to platform for earning crypto without technical or trading barriers.

    “Whether you’re 18 or 80, if you have $10, you can start mining today. It’s really that simple,” added the PFMCrypto CEO.

    Ready to Get Started?
    PFMCrypto is offering limited-time bonuses for new users. Sign up now to receive $10 in free crypto and start earning daily profits through XRP and other top cryptocurrencies.

    About PFMCrypto
    Founded in 2018, PFMCrypto is a global leader in cloud-based cryptocurrency mining and AI-driven DeFi solutions. The platform supports mining for XRP, BTC, ETH, DOGE, LTC, and SOL, offering low-risk, high-reward crypto income opportunities to over 9.2 million users worldwide. Join the future of decentralized finance with PFMCrypto.
    Explore more at: https://pfmcrypto.net

    Media Contact:
    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f87cc4d8-dbe4-426c-b110-1cd470a43809

    The MIL Network

  • MIL-OSI: Bitget Wallet Expands Fomo Thursdays With 10-Fold More Winners and Doubled Win Rate

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, July 02, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has launched the third round of its Fomo Thursdays series, expanding the prize pool and participant slots in response to heightened demand.

    The previous edition saw 20,000 slots claimed in under one hour, with over 2,000 winners. This week, Bitget Wallet has increased the number of participant slots to 100,000 and winner slots to 20,000, representing a 10-fold increase in winners and a doubled win rate of 20%. The prize pool has grown accordingly, with more than 24 million AB tokens allocated.

    “Fomo Thursdays continues to gain traction as a low-friction entry point for users to explore new tokens,” said Jamie Elkaleh, CMO of Bitget Wallet. “With expanded rewards, higher odds, and growing user interest, this week’s event marks another step toward making token launches more accessible.”

    Fomo Thursdays is a weekly token distribution program designed to simplify user participation in early-stage token launches. Each round follows a uniform format: users stake $10 USDT for a chance to receive randomized token allocations. The model removes traditional entry barriers such as trading requirements or point systems and returns all staked funds after the event, minimizing user risk. Token claims and refunds are processed via on-chain smart contracts.

    This week’s featured project is AB Token, a blockchain infrastructure protocol focused on bringing real-world assets (RWA) on-chain. Originally launched as the Newton Project in 2018, AB has evolved into a multichain ecosystem that connects traditional financial assets with blockchain-based applications. It comprises two layers: AB IoT, designed for IoT and DePIN applications, and AB-Core, an EVM-compatible chain supporting DeFi, GameFi, and RWA protocols.

    The AB rewards will be distributed via BNB Chain. Top prizes include three rewards worth $888 each and twenty second-place prizes worth $188 each, both in AB token equivalent. Participants can stake from July 2 at 13:00 to July 3 at 13:00 (UTC). Token distribution and USDT refunds will begin on July 3 at 14:00 (UTC), with all rewards delivered gas-free via Bitget Wallet.

    For more information, visit the Bitget Wallet official channels.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.
    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0ab0d454-90c2-4a0a-b639-2cc0f449ebf5

    The MIL Network

  • MIL-OSI Russia: “Active citizens” are invited to test their knowledge of the “Summer in Moscow” project

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Project “Active Citizen” and the capital Department of Entrepreneurship and Innovative Development invite citizens to join quiz, dedicated to the bright objects of the project “Summer in Moscow”.

    This season, the city streets were decorated not only fresh flowers, but also unique art pavilions project “Made in Moscow”. Residents and visitors of the city can visit 12 points and “Green Market” on Bolotnaya Square, where products from Moscow brands are presented. For example, fashionable clothes, cosmetics, desserts from Moscow confectioners, pet products and much more. In addition, you can try ice cream with an exclusive flavor created for the summer season in Moscow.

    The Made in Moscow project summed up the first days of work of art pavilions and the Green Market

    There are eight questions in the quiz. Each question has five possible answers, only one of which is correct. Thus, “active citizens” will need to remember what famous samovar the object on Arbat is made in. Voters will also learn what is taught at master classes in the Raketa art pavilion on Rozhdestvenka Street. And also – what is the name of the art pavilion with Moscow cosmetics and the space where they sell ice cream and soft drinks.

    For correct answers, participants are awarded points in the city loyalty program “A Million Prizes”. They can be used to receive goods and services from partner organizations of the program, discounts in cafes and restaurants, as well as to top up the Troika transport card and parking account in the Parking of Russia application. In addition, points can be donated to charity.

    “Made in Moscow” — a project to promote local brands. There are already more than seven thousand of them, and the site contains over 34 thousand products created in the capital. Entrepreneurs receive free support measures, including information, and the opportunity to participate in major city events.

    Project “Summer in Moscow” — the main event of the season. It unites the most vibrant events of the capital. Every day in all districts of the city there are charity, cultural and sports programs, most of which are free. The Summer in Moscow project is being held for the second time, and the new season will be more eventful: new, original and colorful festivals and events will be added to the traditional ones.

    Project “Active Citizen” has been operating since 2014. During this time, more than seven million people have joined it, and over seven thousand votes have been held. Every month, the city implements 30 to 40 decisions made by Muscovites. The project is being developed by the State Institution “New Management Technologies” and the Moscow Department of Information Technology.

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, correspond to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

    Get the latest news quickly official telegram channelthe city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/156122073/

    MIL OSI Russia News

  • MIL-OSI: Bitwise Lists NEAR Staking ETP on Xetra, Broadening Suite of Index-Based Staking Strategies

    Source: GlobeNewswire (MIL-OSI)

    • Bitwise NEAR Staking ETP is the latest addition to Bitwise’s European index-linked staking ETP suite — aiming to offer investors efficient, regulated exposure to NEAR, the Blockchain for AI.
    • NEAR Protocol: A high-performance, energy-efficient, layer-11blockchain built for the AI era—powering cross-chain interoperability and AI-native applications through fast, user-friendly infrastructure.
    • Staking: The Bitwise NEAR Staking ETP will seek to stake the NEAR tokens held by the product, with the objective of generating additional returns of approximately 5.5% net of fees and TER, while providing investors with daily liquidity on the stock exchange.

    02 July 2025. Frankfurt: Bitwise today announced the launch of the Bitwise NEAR Staking ETP (Ticker NEAR; ISIN DE000A4A5GV2) on Deutsche Börse Xetra. NEAR Protocol is a blockchain platform known for its approach to scalability, low-cost performance, and a user-first vision of decentralization – powering 45M+ monthly active users and 8M daily transactions2.

    The Bitwise NEAR Staking ETP is designed for both institutional and retail investors who are familiar with digital assets and seeking to diversify their portfolios. The launch marks another milestone in a series of product innovations designed to broaden investment access to the crypto market, provide high-quality investment solutions and timely market insights, and promote transparency and accountability in what is shaping up to be a landmark year for the crypto industry.

    The ETP is fully backed and issued in Germany, designed with the objective to deliver efficient staking returns, low total cost of ownership, and superior performance compared to other NEAR staking ETP solutions currently on the market. Staking yields accumulate daily in the ETP seeking to enhance performance. Using a robust and transparent benchmark, the CF NEAR Staked Return Index, investors can accurately track the performance of the ETP after costs and fees compared to the market standard NEAR staking return.

    The Biwise NEAR Staking ETP is the fourth to be launched as part of Bitwise’s European Total Return product suite including the Bitwise Ethereum Staking ETP (Ticker: ET32 | ISIN DE000A3G90G9), which recently surpassed €200 million in assets under management.

    Bradley Duke, Head of Europe at Bitwise, said: “We are so pleased to launch this new ETP in partnership with NEAR. There is a lot of noise in the world of crypto and we are excited to partner with a genuine innovator in both blockchain and AI. The Bitwise NEAR Staking ETP gives investors exposure to price movements in the NEAR token as well as compounded return from staking rewards all with Bitwise’s best-in-class ETP structure.”

    Illia  Polosukhin, Co-Founder NEAR Foundation:NEAR was built to power a new kind of internet—one where AI serves people, not platforms. This ETP brings that vision closer to investors worldwide. By making NEAR more accessible through Bitwise’s trusted products, we’re accelerating mainstream adoption of user-owned AI infrastructure.”

    NEAR Protocol – a layer-1 blockchain designed for usability and scalability

    NEAR Protocol is a blockchain platform designed to make advanced technologies like artificial intelligence more accessible and useful. Launched in 2020, NEAR addresses common challenges in blockchain—like slow speeds and high costs—by using a technology called sharding to process many transactions at once.

    What sets NEAR apart is its focus on real-world usability: it lets people access apps and services with usernames—similar to email addresses—rather than traditional Web3 wallet codes. It also operates across different blockchains, aiming to simplify the transfer of assets and data between platforms. NEAR is already being used to power AI tools, digital wallets, and applications that give users greater control over their data and digital identity. Its architecture is particularly well-suited for AI, providing the speed, scalability, and data privacy required to support AI-powered applications and autonomous agents.

    In Q2 2025, NEAR ranked #2 among the most-used blockchain platforms in terms of monthly active users, just after Solana3. This growth is driven in part by NEAR’s chain abstraction technology, which makes it easier for people to use apps across different blockchains without needing multiple wallets or tokens. With chain signatures, users can access and control accounts on other blockchains directly through their NEAR account, making cross-chain activity simple and intuitive.

    Developers also benefit from NEAR’s infrastructure. Its customizable smart contracts support multichain financial applications using secure cryptographic tools—without the need for bridges or wrapped tokens, which can introduce risk and complexity.

    Staking NEAR

    Staking is a way to generate income for crypto asset owners, and is a key feature for NEAR. On the NEAR Protocol, staking allows token holders to help validate transactions on the network, contributing to its security and reliability. In return, they earn additional tokens – so called staking rewards—similar to how dividends work in traditional equities.

    For investors, the Bitwise NEAR Staking ETP may offer a streamlined way to gain exposure to staking rewards without managing the technical aspects of staking or token custody directly. While direct NEAR holders can stake through wallets or validators, the ETP offers distinct benefits—particularly daily liquidity, as it is traded on regulated stock exchanges and involves no lock-up periods or manual delegation. Additionally, the underlying NEAR tokens are held in secure cold storage by a professional institutional custodian, which offers an added layer of asset protection.

    Key Product Details

    ETP Name Bitwise NEAR Staking ETP
    Primary Ticker NEAR
    ISIN / WKN DE000A4A5GV2 / A4A5GV
    Index Benchmark CF NEAR Staked Return Index
    Expected NET Staking Reward 5.5%*
    TER 0.85% p.a.

    *The Net Staking Reward reflects the staking return after all fees (Staking Service Fee and TER) have been deducted, on a per-ETP unit basis. This figure represents the return the ETP is expected to deliver, expressed in annualised, non-compounded % terms. Note: The rate is subject to change based on network and market dynamics. The Net Staking Rewards are accumulated daily within the ETP, seeking to enhance performance. This mechanism increases the cryptocurrency entitlement per ETP unit at the end of each trading day, meaning that the amount of NEAR backing each ETP share adjusts upward over time. You can view the current entitlement per ETP unit in the Cryptocurrency Entitlement Table available on the product page at www.bitwiseinvestments.eu/products.

    – Ends –

    About NEAR Foundation

    NEAR Protocol is the blockchain for AI. A high-performance, AI-native platform built to power the next generation of decentralized applications and intelligent agents. It provides the infrastructure AI needs to transact, operate, and interact across Web2 and Web3. NEAR combines three core elements: User-Owned AI, which ensures agents act in users’ best interests; Intents and Chain Abstraction, which eliminate blockchain complexity for seamless, goal-driven transactions across chains; and a sharded blockchain architecture that delivers the scalability, speed, and low-cost execution needed for real-world AI and Web3 use. This integrated stack makes NEAR the foundation for building secure, user-owned, AI-native applications at internet scale.

    About Bitwise

    Bitwise is one of the world’s leading crypto specialist asset managers. Thousands of financial advisors, family offices, and institutional investors across the globe have partnered with us to understand and access the opportunities in crypto. Since 2017, Bitwise has established a track record of excellence, managing a broad suite of index and active solutions across ETPs, separately managed accounts, private funds, and hedge fund strategies – spanning both the U.S. and Europe.

    In Europe, for the past five years Bitwise (formerly ETC Group) has developed an extensive and innovative suite of crypto ETPs, including Europe’s most traded bitcoin ETP, or the first diversified Crypto Basket ETP replicating an MSCI digital assets index.

    This family of crypto ETPs is domiciled in Germany and issued under a base prospectus approved by BaFin. We exclusively partner with reputable entities from the traditional financial industry, ensuring that 100% of the assets are securely stored offline (cold storage) through regulated custodians.

    Our European products comprise a collection of carefully designed financial instruments that seamlessly integrate into any professional portfolio, providing comprehensive exposure to crypto as an asset class. Access is straightforward via major European stock exchanges, with primary listings on Xetra, the most liquid exchange for ETF trading in Europe. Retail investors benefit from easy access through numerous DIY/online brokers, coupled with our robust and secure physical ETP structure, which includes a redemption feature. For more information, visit http://www.bitwiseinvestments.eu

    Media contacts:

    JEA Associates
    John McLeod
    00 44 7886 920436
    john@jeaassociates.com

    Important information  
    This press release does not constitute investment advice, opinions are those of Bitwise and do not constitute an offer or solicitation to buy financial products. This press release is issued by Bitwise Europe GmbH (“BEU”), a limited company domiciled in Germany, for information only and in accordance with all applicable laws and regulations. BEU gives no explicit or implicit assurance or guarantee regarding the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. It is advised not to rely on the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. Please note that this article is neither investment advice nor an offer or solicitation to acquire financial products or cryptocurrencies.  
      
    Before investing in crypto Exchange Traded Products (“ETPs”), potential investors should consider the following:  
    Potential investors should seek independent advice and consider relevant information contained in the base prospectus and the final terms for the ETPs, especially the risk factors. Diversification does not guarantee a profit or protect against a loss. ETPs issued by BEU are suitable only for persons experienced in investing in cryptocurrencies and risks of investing can be found in the prospectus and final terms available on www.bitwiseinvestments.com./eu. The invested capital is at risk, and losses up to the amount invested are possible. ETPs backed by cryptocurrencies are highly volatile assets and performance is unpredictable. Past performance is not a reliable indicator of future performance. The market price of ETPs will vary and they do not offer a fixed income or match precisely the performance of the underlying cryptocurrency.  Investing in ETPs involves numerous risks including general market risks relating to underlying, adverse price movements, currency, liquidity, operational, legal and regulatory risks. 


    1 Source: NEAR Foundation
    2 Source: Bitwise Europe Research; NEAR Foundation
    3 Source: Artemis, Bitwise Europe; https://app.artemisanalytics.com/chains

    The MIL Network

  • MIL-OSI: Guaranteed Installment Loans for Bad Credit Direct Lenders Guaranteed Approval No Credit Check Installment Loans By Loans At Last

    Source: GlobeNewswire (MIL-OSI)

    New York City, July 02, 2025 (GLOBE NEWSWIRE) — As financial uncertainty continues to impact households across the U.S., consumers with poor credit histories are increasingly turning to guaranteed installment loans for bad credit direct lenders to manage unexpected expenses. These flexible loan options are designed to provide fast, accessible funds to borrowers who may not qualify for traditional financing.

    >>> Applicants interested in exploring installment loan options can review lender >>>

    According to a Federal Reserve study, more than 60% of Americans would find it difficult to cover a $400 emergency cost without borrowing, highlighting the critical need for alternative lending solutions. As a result, demand has surged for products such as bad credit personal loans guaranteed approval direct lenders, emergency loans online guaranteed approval, and no credit check installment loans guaranteed approval direct lender offerings.

    >>> It’s important for borrowers to understand the application process >>>

    The Growing Demand for Installment Loans for Bad Credit

    For millions of Americans, traditional bank loans come with barriers such as high credit score requirements, hard credit checks, or collateral demands. In contrast, guaranteed installment loans for bad credit direct lenders only focus on offering

    In recent years, more borrowers have been seeking alternatives to traditional bank loans due to challenges such as stringent credit requirements and limited access to emergency funds. Installment loans have become a practical option for those who prefer predictable monthly payments and flexible repayment terms. These loans are often used to manage expenses like car repairs, medical bills, or overdue utilities without requiring collateral or perfect credit histories.

    These loans help cover urgent expenses including medical bills, home or car repairs, utility payments, and more. By spreading repayments over several months or years, they offer a manageable alternative to payday loans.

    Bad Credit Personal Loans Guaranteed Approval $5,000 Meeting Larger Financial Needs

    While smaller loan amounts may address minor expenses, many emergencies require more substantial funds. Bad credit personal loans guaranteed approval $5,000 have emerged as a solution for borrowers who need higher loan amounts to manage:

    • Significant auto or home repairs
    • Medical treatments not covered by insurance
    • Consolidation of high-interest debt
    • Rent or mortgage catch-up payments

    Lenders offering these products typically review income and employment status to determine eligibility, making them accessible even for those with low credit scores. The fixed installment structure also helps borrowers plan their budgets effectively.

    No Credit Check Installment Loans Guaranteed Approval Direct Lender 

    Hard credit inquiries can lower credit scores further, discouraging some borrowers from applying for much-needed loans. No credit check installment loans guaranteed approval direct lender solutions address this by:

    Some lenders assess applicants using alternative methods rather than traditional credit checks. In these cases, they may consider factors like income level, employment stability, and overall ability to repay. This approach can reduce the likelihood of further impacting the borrower’s credit score, which is especially important for individuals working to rebuild their financial standing.

    These loans provide peace of mind to borrowers who want to avoid additional damage to their credit profiles while securing essential funds.

    Emergency Loans Online Guaranteed Approval — Quick Cash When It Counts

    Emergencies rarely wait for slow traditional loan approvals. Emergency loans online guaranteed approval have become a vital resource for:

    • Same-day or next-day funding to manage urgent expenses
    • Fast online application processes that take only minutes
    • Direct deposit of funds for immediate use

    Common uses include medical emergencies, last-minute travel, and urgent repairs to vehicles or essential home systems. These loans provide crucial support when timing is critical.

    Online Access to Installment Loan Options

    Many borrowers today are turning to online platforms to explore installment loan options. These digital tools allow consumers to compare loan types, review eligibility criteria, and submit applications from the convenience of their homes. The use of online lending has increased significantly in recent years, offering broader access to financial products across varying credit profiles.

    • Bad credit personal loans guaranteed approval $5,000 – These loans are designed for individuals with poor credit who need access to up to $5,000. They often claim guaranteed approval, but actual approval depends on income and repayment ability.
    • No credit check installment loans guaranteed approval direct lender – This type of loan allows borrowing without a credit check, often through direct lenders. Payments are made in fixed installments, and approval is generally based on income, not credit history.
    • Emergency loans online guaranteed approval – Emergency loans offer quick access to funds during urgent situations. While they advertise guaranteed approval, most lenders still require basic eligibility checks.

    This model eliminates the need to approach multiple lenders individually and helps consumers compare loan offers side-by-side.

    What to Know Before Applying

    While phrases like guaranteed loan approval no credit check and best bad credit loans guaranteed approval are appealing, responsible borrowing requires careful review. Borrowers should:

    • Confirm that lenders are licensed in their state
    • Understand all fees, APRs, and repayment terms
    • Borrow only what they can realistically repay

    About Loans at Last

    Founded in 2018, Loans at Last is an online platform that connects U.S. consumers to a network of licensed direct lenders offering installment loan options. The platform focuses on helping borrowers explore loans suited to their needs while ensuring transparency and compliance with lending regulations.

    Disclaimer

    Loans at Last is not a lender and does not make credit decisions. Loan offers, APRs, amounts, and repayment terms are determined by third-party lenders and may vary based on applicant qualifications and state law. Borrowers should review all loan terms before accepting any offer.

    Final Thought

    In today’s challenging economic climate, guaranteed installment loans for bad credit direct lenders provide vital support to Americans navigating urgent financial needs. Platforms like Loans at Last help connect borrowers to responsible lenders offering flexible options, ensuring individuals can access the funds they need with confidence.

    Project Name: Loans At Last
    Registered Office Address: 1095 Sugar View Dr Ste 500 Sheridan, WY 82801
    Company Website: https://loansatlast.com/
    Email: smith@loansatlast.com
    Phone: 307-777-7311
    Contact person name: Smith
    contact person email: smith@loansatlast.com

    Attachment

    The MIL Network

  • MIL-OSI: Guaranteed Installment Loans for Bad Credit Direct Lenders Guaranteed Approval No Credit Check Installment Loans By Loans At Last

    Source: GlobeNewswire (MIL-OSI)

    New York City, July 02, 2025 (GLOBE NEWSWIRE) — As financial uncertainty continues to impact households across the U.S., consumers with poor credit histories are increasingly turning to guaranteed installment loans for bad credit direct lenders to manage unexpected expenses. These flexible loan options are designed to provide fast, accessible funds to borrowers who may not qualify for traditional financing.

    >>> Applicants interested in exploring installment loan options can review lender >>>

    According to a Federal Reserve study, more than 60% of Americans would find it difficult to cover a $400 emergency cost without borrowing, highlighting the critical need for alternative lending solutions. As a result, demand has surged for products such as bad credit personal loans guaranteed approval direct lenders, emergency loans online guaranteed approval, and no credit check installment loans guaranteed approval direct lender offerings.

    >>> It’s important for borrowers to understand the application process >>>

    The Growing Demand for Installment Loans for Bad Credit

    For millions of Americans, traditional bank loans come with barriers such as high credit score requirements, hard credit checks, or collateral demands. In contrast, guaranteed installment loans for bad credit direct lenders only focus on offering

    In recent years, more borrowers have been seeking alternatives to traditional bank loans due to challenges such as stringent credit requirements and limited access to emergency funds. Installment loans have become a practical option for those who prefer predictable monthly payments and flexible repayment terms. These loans are often used to manage expenses like car repairs, medical bills, or overdue utilities without requiring collateral or perfect credit histories.

    These loans help cover urgent expenses including medical bills, home or car repairs, utility payments, and more. By spreading repayments over several months or years, they offer a manageable alternative to payday loans.

    Bad Credit Personal Loans Guaranteed Approval $5,000 Meeting Larger Financial Needs

    While smaller loan amounts may address minor expenses, many emergencies require more substantial funds. Bad credit personal loans guaranteed approval $5,000 have emerged as a solution for borrowers who need higher loan amounts to manage:

    • Significant auto or home repairs
    • Medical treatments not covered by insurance
    • Consolidation of high-interest debt
    • Rent or mortgage catch-up payments

    Lenders offering these products typically review income and employment status to determine eligibility, making them accessible even for those with low credit scores. The fixed installment structure also helps borrowers plan their budgets effectively.

    No Credit Check Installment Loans Guaranteed Approval Direct Lender 

    Hard credit inquiries can lower credit scores further, discouraging some borrowers from applying for much-needed loans. No credit check installment loans guaranteed approval direct lender solutions address this by:

    Some lenders assess applicants using alternative methods rather than traditional credit checks. In these cases, they may consider factors like income level, employment stability, and overall ability to repay. This approach can reduce the likelihood of further impacting the borrower’s credit score, which is especially important for individuals working to rebuild their financial standing.

    These loans provide peace of mind to borrowers who want to avoid additional damage to their credit profiles while securing essential funds.

    Emergency Loans Online Guaranteed Approval — Quick Cash When It Counts

    Emergencies rarely wait for slow traditional loan approvals. Emergency loans online guaranteed approval have become a vital resource for:

    • Same-day or next-day funding to manage urgent expenses
    • Fast online application processes that take only minutes
    • Direct deposit of funds for immediate use

    Common uses include medical emergencies, last-minute travel, and urgent repairs to vehicles or essential home systems. These loans provide crucial support when timing is critical.

    Online Access to Installment Loan Options

    Many borrowers today are turning to online platforms to explore installment loan options. These digital tools allow consumers to compare loan types, review eligibility criteria, and submit applications from the convenience of their homes. The use of online lending has increased significantly in recent years, offering broader access to financial products across varying credit profiles.

    • Bad credit personal loans guaranteed approval $5,000 – These loans are designed for individuals with poor credit who need access to up to $5,000. They often claim guaranteed approval, but actual approval depends on income and repayment ability.
    • No credit check installment loans guaranteed approval direct lender – This type of loan allows borrowing without a credit check, often through direct lenders. Payments are made in fixed installments, and approval is generally based on income, not credit history.
    • Emergency loans online guaranteed approval – Emergency loans offer quick access to funds during urgent situations. While they advertise guaranteed approval, most lenders still require basic eligibility checks.

    This model eliminates the need to approach multiple lenders individually and helps consumers compare loan offers side-by-side.

    What to Know Before Applying

    While phrases like guaranteed loan approval no credit check and best bad credit loans guaranteed approval are appealing, responsible borrowing requires careful review. Borrowers should:

    • Confirm that lenders are licensed in their state
    • Understand all fees, APRs, and repayment terms
    • Borrow only what they can realistically repay

    About Loans at Last

    Founded in 2018, Loans at Last is an online platform that connects U.S. consumers to a network of licensed direct lenders offering installment loan options. The platform focuses on helping borrowers explore loans suited to their needs while ensuring transparency and compliance with lending regulations.

    Disclaimer

    Loans at Last is not a lender and does not make credit decisions. Loan offers, APRs, amounts, and repayment terms are determined by third-party lenders and may vary based on applicant qualifications and state law. Borrowers should review all loan terms before accepting any offer.

    Final Thought

    In today’s challenging economic climate, guaranteed installment loans for bad credit direct lenders provide vital support to Americans navigating urgent financial needs. Platforms like Loans at Last help connect borrowers to responsible lenders offering flexible options, ensuring individuals can access the funds they need with confidence.

    Project Name: Loans At Last
    Registered Office Address: 1095 Sugar View Dr Ste 500 Sheridan, WY 82801
    Company Website: https://loansatlast.com/
    Email: smith@loansatlast.com
    Phone: 307-777-7311
    Contact person name: Smith
    contact person email: smith@loansatlast.com

    Attachment

    The MIL Network

  • MIL-OSI Economics: Sanjay Malhotra: Convocation address – Indian Institute of Technology

    Source: Bank for International Settlements

    Chairman of the Board of Governors, Director of the Institute, Prof and Padma Shree Manindra Agrawal, winner of numerous awards, who was my senior here and who I hold in very high esteem, faculty members, staff, proud parents, family and friends of the graduating students, distinguished guests, and my dear graduating students, alumni, ladies and gentlemen.

    Today marks the culmination of an exciting chapter for the graduating students, where you have not only learnt new things – academic and extra-curricular – but have also had an enjoyable and memorable experience. I extend a very warm congratulations to all the graduating students. Please give yourselves a huge round of applause.

    To the parents and guardians, this moment belongs as much to you as it does to your children and wards. Your innumerable sacrifices, continuous support, unconditional love and unwavering encouragement have laid the foundation upon which these young achievers now stand. I know this is an emotional and proud moment for you. I have myself experienced these emotions when my sons graduated – one from IIT Bombay and the other from IIT Guwahati. My warmest congratulations to you as your ward steps into a new chapter in life.

    Dear graduates, it is a special day for you as you enter a new and exciting phase of life. It is an equally special day for me and doubly so. First, this institute has had a transformational impact on me, my life and my thoughts. I remember with nostalgia my years at IIT. I still vividly remember my first day at IIT when my mother came to drop me with another batchmate. I recollect my days at Hall III and then Hall I, the healthy rivalry between Hall II and Hall III, phatta cricket, bulla, the various celebrations at Red Rose Restaurant on the campus and Chung Fa restaurant in the city, movies at L7, DEC 10 of which we were so proud, the iconic library, Culfest and the many friends that I made and treasure till date. The steel trunk which carried my belongings to IIT and which my loving wife has preserved till date is still with me. I still have my Wilson tennis racket, with which I religiously played every evening at the clay courts on campus. IITK has a special place in my heart. This convocation ceremony is even more special as I did not attend our convocation ceremony; in fact, we did not have a proper convocation ceremony, perhaps the only batch not to have it. So, it’s an honour to be back here after thirty-six long years in a new and privileged role and be a part of the convocation ceremony today. Thank you, IIT, for this honour.

    Times have changed a lot since I graduated. But there are certainly lessons which endure time. As a fellow-alumnus, roll number 85213, who has experienced life after campus, I will speak about four learnings from my journey.

    Learning for Life

    Many of you would have got your dream jobs. Others, who plan to pursue further studies, would get them soon. With a degree from a prestigious institute and a good job in hand, please don’t think that you have arrived. The moment you think you have arrived, you will stagnate. The moment you believe you know everything, you will stop growing.

    This is just the beginning, only the first step. The degree has only laid a solid foundation and will take you thus far. You will need to build from here. You will need to learn when you change sectors, move across organisations within a sector, take up different roles within an organization and even within the same role in an organisation. Technology is advancing at a lightning speed. What you learnt yesterday would be outdated tomorrow as new ideas and tools emerge daily.

    I can assure you that the institute has prepared you well for your life ahead. It has not only imparted you with knowledge which will be of immense use but, more importantly, equipped you with the most important tool – the tool of self-learning.

    Like other IAS officers, I worked in diverse fields like urban management, land resources, industries, power, health, taxation, banking, finance, etc. Many of them were general management but many were highly technical and specialized, which had a steep learning curve. The IITK emphasis on basic sciences and core engineering subjects, its importance to the fundamentals of a subject, its priority to deriving the formulae rather than merely memorizing and applying them, its attention to problem-solving from first principles, and various other methods of problem solving have held me in good stead. IIT gave me the necessary tools for self-learning. I am sure it has given you too the same tools.

    So, continue your quest for knowledge. Remember that learning is for life. The moment one is not learning, it is a signal that one is not growing; one is not advancing. It is knowledge which will keep you ahead of others. Its importance cannot be over-emphasized. I urge you all, as Stephen Covey said, to continuously sharpen your saw and cut the grass under your feet.

    Question the status quo

    My second learning pertains to the period between 2003 and 2006, when I was working in the United Nations. I was managing a project to improve productivity in the hand tools clusters in India. We hired a Total Quality Management expert for some of our interventions. He had long and diverse experience across organisations.

    He challenged the forging units there to reduce the time taken in changing a die from about eight hours to less than an hour. All of them including the most advanced, productive and efficient forging units vehemently denied the possibility of reducing the time. When he failed after many days of trying to convince them to improve, he suggested some changes including installation of a video camera. This was tried in a unit. These small changes reduced the time to five hours. When asked, the supervisor, apart from other things, explained that the work started on time, as scheduled; no one was late; no one took an unscheduled tea break; all required equipment were pre-arranged and kept ready for use; there was no wastage of time. The small changes and videography did the trick as everyone was being watched. What followed was a series of improvements or what are called kaizens, not only in the exchange of dies, but also various other processes – forging, grinding, electroplating, packaging, etc, as every process was questioned. We ended up reducing costs by about 10%.

    I learnt to question the status quo. I learnt that there is always scope for improvement. This helped me improve efficiency in various organisations and departments that I worked in. It helped in reducing processing time of files. I reduced turnaround times for applications. It helped me make changes in laws, rules and procedures for the benefit of citizens and government alike, as I questioned the status quo.

    As Albert Einstein famously said, “The important thing is not to stop questioning.” When you question the status quo and ask questions, you open the door to new ideas and fresh perspectives. It is fuel for innovation; it drives you to explore, experiment, and create something better. So, no matter where you are in life or your career, never stop questioning the status quo and improving.

    Pursue virtuous Karma

    The third learning pertains to my tenure as Secretary, Department of Personnel in the Government of Rajasthan in 2007-08. Promotions from the state civil service to the IAS were plagued with disputes and court cases. For almost about 20 years, no one was promoted to the IAS. My predecessors did not take up this issue as they thought it would be an exercise in futility as some aggrieved officer will approach the doors of the judiciary. When I was given responsibility for this department, I took up the gauntlet. I studied all the disputes and judicial pronouncements meticulously; decided on claims of seniority and promotion, without fear or favour; finalized and published the seniority lists; and after spending months on this mammoth exercise, sent the proposals to UPSC for promotion. Just when we were about to convene the meeting for promotion, one officer again approached the court and got a stay. Months of my hard work was brought to nought. Even though many officers commended me for the hard work and getting the matter so close to finalization, I was disappointed.

    I had to leave for Princeton for my masters within a few days and could not pursue the case in the courts. After I returned, I was put in a different department. In a few years, the court lifted the stay. I was asked if I would be interested in giving finishing touches to the work I had initiated. Once bitten, twice shy, I did not take up the challenge this time. The work was completed by another officer. In recognition of his efforts, he was conferred with the state award for civil service.

    I realized I did not follow my karma as I feared failure. I realized I needed to follow my karma boldly and decisively without bothering about the results.

    Without going in to details of my journey thereafter, today, as I look back, I can confidently say that it is karma that largely determines outcomes and results. It is the path that one chooses that broadly determines the destination. Today, I appreciate how true Steve Jobs was when he said, “You can’t connect the dots looking forward; you can only connect them looking backward.” Right now, you may not fully grasp how your karma – each late-night lab session, each frustrating bug, and each decision that you take – will impact your journey. You may not appreciate, how delayed gratification, the hallmark of all great leaders, will deliver bigger success over the longer term for the instant rewards foregone. But trust me, over time, the dots will connect and it will be in large measure due to your karma.

    Trust

    My last learning is from the student days in IIT, when we were always short of money and under debt. Food at the mess was as good as it can be. We relied heavily on the hostel canteen. A samosa at that time costed 35 paise and a bottle of Thums Up 2 rupees and 25 paise. The canteen was managed by a person called Lala. Lala was loved by everyone. He would serve us till late in night and very generously gave us credit. Even outside hostel, we got credit from the juice vendor, the shops in Shopping Centre, etc. This may not be surprising. Lala knew us, recognizing us as hostelers. Other vendors too recognized us as students from the campus. What was surprising though was that we got credit even from some shopkeepers in Kanpur, who did not know us at all. Why did these shopkeepers give credit to us? It is because of their trust in the IIT students.

    It is because people do business with people they trust. Trust is the foundation on which any relationship is built, whether it is marriage, friendship, or at workplace – between the CEO and the employees, or between a company and its consumers.

    It is trust in a person that makes him a leader; it is trust which makes people follow a leader. Integrity and ethics are paramount to develop trust. It is not easy to gain trust. To earn trust, a leader must have the courage to take difficult decisions. He must act in the interest of the employees and other stakeholders. He must be willing to accept responsibility. He must lead by example. He must possess the humility to learn from his mistakes. He must be just, transparent and respectful. Trust takes time to build. But it is easy to lose trust. To be a successful person, a successful leader, graduating students, try to gain trust and having gained it, preserve trust.

    Your time to shine

    To conclude, dear graduating students, as you leave this campus today, have confidence in yourself. Dream big, but more importantly, act on those dreams. Make IIT Kanpur proud. Make your parents proud. Make India proud. But most importantly, make yourselves proud – proud by living lives of character, ethics and humility; lives filled with purpose, service and impact. As you step into tomorrow, carry with you the spirit of this institution, carry with you the love of your families, and carry with you the dreams of a billion Indians who believe in your potential.

    Your journey of transformation began here at IIT Kanpur. Now, transform the world as leaders who are trustworthy; who continue learning for life; who question the status quo and who pursue virtuous karma.

    May God bless you with all the very best in your journey ahead.

    Thank you.

    Jai Hind.

    MIL OSI Economics

  • MIL-OSI Economics: Sanjay Malhotra: Convocation address – Indian Institute of Technology

    Source: Bank for International Settlements

    Chairman of the Board of Governors, Director of the Institute, Prof and Padma Shree Manindra Agrawal, winner of numerous awards, who was my senior here and who I hold in very high esteem, faculty members, staff, proud parents, family and friends of the graduating students, distinguished guests, and my dear graduating students, alumni, ladies and gentlemen.

    Today marks the culmination of an exciting chapter for the graduating students, where you have not only learnt new things – academic and extra-curricular – but have also had an enjoyable and memorable experience. I extend a very warm congratulations to all the graduating students. Please give yourselves a huge round of applause.

    To the parents and guardians, this moment belongs as much to you as it does to your children and wards. Your innumerable sacrifices, continuous support, unconditional love and unwavering encouragement have laid the foundation upon which these young achievers now stand. I know this is an emotional and proud moment for you. I have myself experienced these emotions when my sons graduated – one from IIT Bombay and the other from IIT Guwahati. My warmest congratulations to you as your ward steps into a new chapter in life.

    Dear graduates, it is a special day for you as you enter a new and exciting phase of life. It is an equally special day for me and doubly so. First, this institute has had a transformational impact on me, my life and my thoughts. I remember with nostalgia my years at IIT. I still vividly remember my first day at IIT when my mother came to drop me with another batchmate. I recollect my days at Hall III and then Hall I, the healthy rivalry between Hall II and Hall III, phatta cricket, bulla, the various celebrations at Red Rose Restaurant on the campus and Chung Fa restaurant in the city, movies at L7, DEC 10 of which we were so proud, the iconic library, Culfest and the many friends that I made and treasure till date. The steel trunk which carried my belongings to IIT and which my loving wife has preserved till date is still with me. I still have my Wilson tennis racket, with which I religiously played every evening at the clay courts on campus. IITK has a special place in my heart. This convocation ceremony is even more special as I did not attend our convocation ceremony; in fact, we did not have a proper convocation ceremony, perhaps the only batch not to have it. So, it’s an honour to be back here after thirty-six long years in a new and privileged role and be a part of the convocation ceremony today. Thank you, IIT, for this honour.

    Times have changed a lot since I graduated. But there are certainly lessons which endure time. As a fellow-alumnus, roll number 85213, who has experienced life after campus, I will speak about four learnings from my journey.

    Learning for Life

    Many of you would have got your dream jobs. Others, who plan to pursue further studies, would get them soon. With a degree from a prestigious institute and a good job in hand, please don’t think that you have arrived. The moment you think you have arrived, you will stagnate. The moment you believe you know everything, you will stop growing.

    This is just the beginning, only the first step. The degree has only laid a solid foundation and will take you thus far. You will need to build from here. You will need to learn when you change sectors, move across organisations within a sector, take up different roles within an organization and even within the same role in an organisation. Technology is advancing at a lightning speed. What you learnt yesterday would be outdated tomorrow as new ideas and tools emerge daily.

    I can assure you that the institute has prepared you well for your life ahead. It has not only imparted you with knowledge which will be of immense use but, more importantly, equipped you with the most important tool – the tool of self-learning.

    Like other IAS officers, I worked in diverse fields like urban management, land resources, industries, power, health, taxation, banking, finance, etc. Many of them were general management but many were highly technical and specialized, which had a steep learning curve. The IITK emphasis on basic sciences and core engineering subjects, its importance to the fundamentals of a subject, its priority to deriving the formulae rather than merely memorizing and applying them, its attention to problem-solving from first principles, and various other methods of problem solving have held me in good stead. IIT gave me the necessary tools for self-learning. I am sure it has given you too the same tools.

    So, continue your quest for knowledge. Remember that learning is for life. The moment one is not learning, it is a signal that one is not growing; one is not advancing. It is knowledge which will keep you ahead of others. Its importance cannot be over-emphasized. I urge you all, as Stephen Covey said, to continuously sharpen your saw and cut the grass under your feet.

    Question the status quo

    My second learning pertains to the period between 2003 and 2006, when I was working in the United Nations. I was managing a project to improve productivity in the hand tools clusters in India. We hired a Total Quality Management expert for some of our interventions. He had long and diverse experience across organisations.

    He challenged the forging units there to reduce the time taken in changing a die from about eight hours to less than an hour. All of them including the most advanced, productive and efficient forging units vehemently denied the possibility of reducing the time. When he failed after many days of trying to convince them to improve, he suggested some changes including installation of a video camera. This was tried in a unit. These small changes reduced the time to five hours. When asked, the supervisor, apart from other things, explained that the work started on time, as scheduled; no one was late; no one took an unscheduled tea break; all required equipment were pre-arranged and kept ready for use; there was no wastage of time. The small changes and videography did the trick as everyone was being watched. What followed was a series of improvements or what are called kaizens, not only in the exchange of dies, but also various other processes – forging, grinding, electroplating, packaging, etc, as every process was questioned. We ended up reducing costs by about 10%.

    I learnt to question the status quo. I learnt that there is always scope for improvement. This helped me improve efficiency in various organisations and departments that I worked in. It helped in reducing processing time of files. I reduced turnaround times for applications. It helped me make changes in laws, rules and procedures for the benefit of citizens and government alike, as I questioned the status quo.

    As Albert Einstein famously said, “The important thing is not to stop questioning.” When you question the status quo and ask questions, you open the door to new ideas and fresh perspectives. It is fuel for innovation; it drives you to explore, experiment, and create something better. So, no matter where you are in life or your career, never stop questioning the status quo and improving.

    Pursue virtuous Karma

    The third learning pertains to my tenure as Secretary, Department of Personnel in the Government of Rajasthan in 2007-08. Promotions from the state civil service to the IAS were plagued with disputes and court cases. For almost about 20 years, no one was promoted to the IAS. My predecessors did not take up this issue as they thought it would be an exercise in futility as some aggrieved officer will approach the doors of the judiciary. When I was given responsibility for this department, I took up the gauntlet. I studied all the disputes and judicial pronouncements meticulously; decided on claims of seniority and promotion, without fear or favour; finalized and published the seniority lists; and after spending months on this mammoth exercise, sent the proposals to UPSC for promotion. Just when we were about to convene the meeting for promotion, one officer again approached the court and got a stay. Months of my hard work was brought to nought. Even though many officers commended me for the hard work and getting the matter so close to finalization, I was disappointed.

    I had to leave for Princeton for my masters within a few days and could not pursue the case in the courts. After I returned, I was put in a different department. In a few years, the court lifted the stay. I was asked if I would be interested in giving finishing touches to the work I had initiated. Once bitten, twice shy, I did not take up the challenge this time. The work was completed by another officer. In recognition of his efforts, he was conferred with the state award for civil service.

    I realized I did not follow my karma as I feared failure. I realized I needed to follow my karma boldly and decisively without bothering about the results.

    Without going in to details of my journey thereafter, today, as I look back, I can confidently say that it is karma that largely determines outcomes and results. It is the path that one chooses that broadly determines the destination. Today, I appreciate how true Steve Jobs was when he said, “You can’t connect the dots looking forward; you can only connect them looking backward.” Right now, you may not fully grasp how your karma – each late-night lab session, each frustrating bug, and each decision that you take – will impact your journey. You may not appreciate, how delayed gratification, the hallmark of all great leaders, will deliver bigger success over the longer term for the instant rewards foregone. But trust me, over time, the dots will connect and it will be in large measure due to your karma.

    Trust

    My last learning is from the student days in IIT, when we were always short of money and under debt. Food at the mess was as good as it can be. We relied heavily on the hostel canteen. A samosa at that time costed 35 paise and a bottle of Thums Up 2 rupees and 25 paise. The canteen was managed by a person called Lala. Lala was loved by everyone. He would serve us till late in night and very generously gave us credit. Even outside hostel, we got credit from the juice vendor, the shops in Shopping Centre, etc. This may not be surprising. Lala knew us, recognizing us as hostelers. Other vendors too recognized us as students from the campus. What was surprising though was that we got credit even from some shopkeepers in Kanpur, who did not know us at all. Why did these shopkeepers give credit to us? It is because of their trust in the IIT students.

    It is because people do business with people they trust. Trust is the foundation on which any relationship is built, whether it is marriage, friendship, or at workplace – between the CEO and the employees, or between a company and its consumers.

    It is trust in a person that makes him a leader; it is trust which makes people follow a leader. Integrity and ethics are paramount to develop trust. It is not easy to gain trust. To earn trust, a leader must have the courage to take difficult decisions. He must act in the interest of the employees and other stakeholders. He must be willing to accept responsibility. He must lead by example. He must possess the humility to learn from his mistakes. He must be just, transparent and respectful. Trust takes time to build. But it is easy to lose trust. To be a successful person, a successful leader, graduating students, try to gain trust and having gained it, preserve trust.

    Your time to shine

    To conclude, dear graduating students, as you leave this campus today, have confidence in yourself. Dream big, but more importantly, act on those dreams. Make IIT Kanpur proud. Make your parents proud. Make India proud. But most importantly, make yourselves proud – proud by living lives of character, ethics and humility; lives filled with purpose, service and impact. As you step into tomorrow, carry with you the spirit of this institution, carry with you the love of your families, and carry with you the dreams of a billion Indians who believe in your potential.

    Your journey of transformation began here at IIT Kanpur. Now, transform the world as leaders who are trustworthy; who continue learning for life; who question the status quo and who pursue virtuous karma.

    May God bless you with all the very best in your journey ahead.

    Thank you.

    Jai Hind.

    MIL OSI Economics

  • MIL-OSI Russia: How Muscovites are helping transform the capital’s parks with the help of the City of Ideas platform

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Since the introduction of the Parks sphere on the platform in 2022, “City of Ideas” More than 280 proposals from Muscovites were implemented, which were aimed at developing the capital’s green areas. Thus, new bike paths, dog walking areas, play areas and summer open-air cinemas were built in the parks.

    New opportunities for recreation and sports

    Over three years, work on the proposals of city residents was carried out in many areas of Moscow. For example, additional lighting was installed in the Mitino landscape park, which made walks at night more comfortable. In the Shmelevsky Ruchey park, between the Zyablikovo and Orekhovo-Borisovo Yuzhnoye districts, the bank of the forest reservoir was cleaned and strengthened. This gave the park a well-groomed appearance and increased its attractiveness to visitors.

    In Zelenograd, the area near Shkolnoye Lake was tidied up, where new sun loungers and benches were installed and the sand on the beach was replaced. Now you can comfortably relax by the water without leaving the city.

    Changes also affected the sports infrastructure. Thus, in the Lianozovo Park, a volleyball court was equipped and table tennis tables were installed, and in Golyanovsky Park this year a recreation area with swimming pools appeared as part of the Moscow Seasons project.

    Cultural events in the capital’s parks

    The platform can also offer an idea for holding cultural events in parks. One of the striking examples is Otradnoye Park, which has become a real center of public life in the district. Now fairs, concerts, master classes and other events initiated by city residents are regularly held here.

    For example, this spring the park hosted the “Russian Yard” festival, dedicated to Russian traditions. Visitors watched performances by folk groups, took part in folk games and amusements, and also tried tea from a wood-fired samovar and homemade bread baked according to old recipes.

    Last year, other Moscow parks also hosted interesting events. In June, the Mossovet District Public Center organized painting workshops for children in Semenovsky Park, where young artists painted pictures inspired by nature and learned how important it is to protect the environment. And in August, a youth basketball tournament was held on the sports ground of the Zodiac Signs Park, following which the winners were awarded commemorative district cups.

    Thanks to such initiatives by Muscovites, the capital’s parks are becoming not just a place for relaxation, but also a platform for entertainment, creativity and an active lifestyle.

    How to propose an initiative

    Any resident of the capital who has the right to propose an idea on the platform can account on the mos.ru portal. You can do this in the “Suggest an idea” section. To do this, you need to select an area “Parks” and one of three categories: “Park improvement”, “Recreation areas for adults and children” or “Events and services”. If the moderation process is successful, the ideas will be taken into work.

    You can visually evaluate the transformations in the section “Gallery of realized ideas”. It contains photos of the best works carried out on the initiative of city residents. Thanks to a recent update of the section, navigation has become easier: now you can quickly find photo or video evidence on any topic using a convenient search and filters. This allows you to see the results of the transformation of the city and get inspired for your own initiatives.

    “City of Ideas”: More than three thousand proposals from residents have been implemented since 2020

    Platform “City of Ideas” has been operating since 2014. More than 620 thousand users have joined it. They share suggestions on how to make life in the capital even more comfortable. More than 8.6 thousand suggestions have already been implemented. City residents participated in projects dedicated to electronic services, culture, entrepreneurship, healthcare, education, transport and other topics. The projects are developed by the State Institution “New Management Technologies” andDepartment of Information Technology of the City of Moscow.

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, correspond to the objectives of the national project “Data Economy” and the regional project of the city of Moscow “Digital Public Administration”.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/156149073/

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: President Lai meets delegation from 2025 Taiwan International Ocean Forum

    Source: Republic of China Taiwan

    Details
    2025-06-30
    President Lai meets Minister of State at UK Department for Business and Trade Douglas Alexander  
    On the morning of June 30, President Lai Ching-te met with Douglas Alexander, Minister of State at the Department for Business and Trade of the United Kingdom. In remarks, President Lai thanked the UK government for its longstanding support for peace and stability across the Taiwan Strait. Noting that two years ago, Taiwan and the UK signed an enhanced trade partnership (ETP) arrangement, the president said that today Taiwan and the UK have signed three pillars under the ETP, which will help promote bilateral economic and trade cooperation. He expressed hope of the UK publicly supporting Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) so that together we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. A translation of President Lai’s remarks follows: First, on behalf of the people of Taiwan, I extend a warm welcome to Minister Alexander and wish a fruitful outcome for the 27th round of Taiwan-UK trade talks later today. Taiwan-UK relations have grown closer in recent years. We have not only continued to strengthen cooperation in such fields as offshore wind power, innovative technologies, and culture and education but also have established regular dialogue mechanisms in the critical areas of economics and trade, energy, and agriculture. The UK is currently Taiwan’s fourth-largest European trading partner, second-largest source of investment from Europe, and third-largest target for investment in Europe. Two years ago, Taiwan and the UK signed an ETP arrangement. This was particularly meaningful, as it was the first institutionalized economic and trade framework between Taiwan and a European country. Today, this arrangement is yielding further results. I am delighted that Taiwan and the UK have signed three pillars under the ETP covering investment, digital trade, and energy and net-zero. This will help promote bilateral economic and trade cooperation and advance industrial development on both sides. I also want to thank the UK government for its longstanding support for peace and stability across the Taiwan Strait. This month, the UK published its Strategic Defence Review 2025 and National Security Strategy 2025, which oppose any unilateral attempts to change the status quo across the Taiwan Strait. These not only demonstrate that Taiwan and the UK share similar goals but also show that security and prosperity in the Indo-Pacific region are inseparable from those of the transatlantic regions. In addition, last November, the House of Commons passed a motion which made clear that United Nations General Assembly (UNGA) Resolution 2758 neither established the sovereignty of the People’s Republic of China over Taiwan nor determined Taiwan’s status in the United Nations. The UK government also responded to the motion by publicly expressing for the first time its position on UNGA Resolution 2758, opposing any attempt to broaden the interpretation of the resolution to rewrite history. For this, on behalf of the people of Taiwan, I once again want to extend my deepest gratitude. Taiwan and the UK have the advantage of being highly complementary in the technology sector. In facing the restructuring of global supply chains and other international economic and trade developments, I believe that Taiwan and the UK are indispensable key partners for one another. I look forward to the UK publicly supporting Taiwan’s accession to the CPTPP so that together, we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. In closing, I wish Minister Alexander a pleasant and successful visit. And I hope he has the opportunity to visit Taiwan for personal travel in the future. Minister Alexander then delivered remarks, saying that it is a great personal honor to meet with everyone today to discuss further deepening the UK-Taiwan trade relationship and explore the many opportunities our two sides can pursue together. He mentioned that he traveled to Taiwan in 2022 when he was a private citizen, a visit he thoroughly enjoyed, so he is delighted to be back to see the strength of the UK-Taiwan relationship and the strengthening of that relationship. He said that relationship is built on mutual respect, democratic values, and a shared vision for open, resilient, and rules-based economic cooperation. As like-minded partners, he pointed out, our collaboration continues to grow across multiple sectors, and he is here today to further that momentum. Minister Alexander stated that on trade and investment, he is proud that this morning we signed the ETP Pillars on Investment, Digital Trade, Energy and Net Zero, which will provide a clear framework for our future cooperation and lay the foundation for expanded access and market-shaping engagement between our two economies. The minister said he believes that together with our annual trade talks, this partnership will help UK’s firms secure new commercial opportunities, improve regulatory alignment, and promote long-term investment in key growth areas, which in turn will also support Taiwan’s efforts to expand high-quality trade relationships with trusted partners. Minister Alexander said that President Lai’s promotion of the Five Trusted Industry Sectors and the UK’s recently published industrial and trade strategies are very well-aligned, as both cover clean energy and semiconductors as well as advanced manufacturing. He then provided an example, saying that both sides plan to invest in AI infrastructure and compute power-creating opportunities for great joint research in the future. By combining our strengths in these areas, he said, we can open the door to innovative collaboration and commercial success for both sides. He mentioned that yesterday he visited the Taiwan Space Agency, commenting that in sectors such as satellite technology, green energy, and cyber security, British expertise and trusted standards can provide meaningful solutions. Noting that President Lai spoke in his remarks of the broader challenge of peace and security in the region, Minister Alexander stated that the United Kingdom has, of course, also continued to affirm its commitment to peace and stability in the Taiwan Strait, along with its G7 partners. The UK-Taiwan relationship is strategic, enduring, and growing, he stated, and they reaffirm and remain firm in their longstanding position and confident in their ability to work together to support both prosperity and resilience in both of our societies. Minister Alexander said that, as Taiwan looks to diversify capital and build global partnerships, they believe the UK represents a strong and ambitious investment destination, particularly for Taiwanese companies at the very forefront of robotics, clean tech, and advanced industry. He pointed out that the UK’s markets are stable, open, and aligned with Taiwan’s vision of a high-tech, sustainable future, adding that he looks forward to our discussion on how we can further deepen our cooperation across all of these areas and more. The delegation also included Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific at the UK Department for Business and Trade. The delegation was accompanied to the Presidential Office by British Office Taipei Representative Ruth Bradley-Jones.   

    Details
    2025-06-27
    President Lai confers decoration on former Japan-Taiwan Exchange Association Chairman Ohashi Mitsuo
    On the morning of June 27, President Lai Ching-te conferred the Order of Brilliant Star with Grand Cordon upon former Chairman of the Japan-Taiwan Exchange Association Ohashi Mitsuo in recognition of his firm convictions and tireless efforts in promoting Taiwan-Japan exchanges. In remarks, President Lai stated that Chairman Ohashi cares for Taiwan like a family member, and expressed hope that Taiwan and Japan continue to deepen their partnership, bring about the early signing of an economic partnership agreement (EPA), and jointly build secure and stable non-red supply chains as we boost the resilience and competitiveness of our economies and jointly safeguard the values of freedom and democracy. A translation of President Lai’s remarks follows: Every meeting I have with Chairman Ohashi, with whom I have worked side by side for many years, is warm and friendly. I recall that when we met last year, Chairman Ohashi said that he often thinks about what Japan can do for Taiwan and what Taiwan can do for Japan, and that it is that mutual concern that makes us so close. This was a truly moving statement illustrating the relationship between Taiwan and Japan. Chairman Ohashi has also said numerous times that our bilateral relations may very well be the best in the entire world, and that in fact they may serve as a model to other countries. Indeed, Chairman Ohashi is himself an exemplary model for friendly relations between Taiwan and Japan. His spirit of always working tirelessly to promote Taiwan-Japan exchanges is truly admirable. Assuming the position of chairman of the Japan-Taiwan Exchange Association in 2011, he served during the terms of former Presidents Ma Ying-jeou and Tsai Ing-wen, continuously making positive contributions to Taiwan-Japan relations. Over these past 14 years, Taiwan and Japan have signed over 50 major agreements, spanning the economy and trade, fisheries, and taxes, among other areas. In 2017, the Taiwan-Japan Relations Association and the Japan-Taiwan Exchange Association underwent name changes, strengthening the essence and significance of Taiwan-Japan relations. These great achievements were all made possible thanks to the firm convictions and tireless efforts of Chairman Ohashi. On behalf of the people of Taiwan, I am delighted to confer upon Chairman Ohashi the Order of Brilliant Star with Grand Cordon to express our deepest thanks for his outstanding contributions. Chairman Ohashi is not just a good friend of Taiwan, but someone who cares for Taiwan like a family member. When a major earthquake struck in 2016, he personally went to Tainan to assess the situation and meet with the city government. This outpouring of friendship and support across borders was deeply moving. As we look to the future, I hope that Taiwan and Japan can continue to deepen our partnership. In addition to bringing about the early signing of an EPA, I also hope that we can expand collaboration in key areas such as semiconductors, energy, and AI, continue building secure and stable non-red supply chains, and boost the resilience and competitiveness of our economies as well as peace and stability in the Indo-Pacific. As Chairman Ohashi has said, the close bilateral relationship between Taiwan and Japan is one the world can be proud of. I would like to thank him once again for his contributions to deepening Taiwan-Japan ties. Taiwan will continue to forge ahead side by side with Japan, jointly safeguarding the values of freedom and democracy and mutually advancing prosperous development. I wish Chairman Ohashi good health, happiness, peace, and success in his future endeavors, and invite him to return to Taiwan often to visit old friends. Chairman Ohashi then delivered remarks, first thanking President Lai for his kind words. He stated that the Taiwan-Japan relationship is not only worthy of praise; it can also serve as a superb model in the world for bilateral relations that is worthy of study by other countries. He added that this is the result of the collective efforts of President Lai as well as many other individuals. Chairman Ohashi said that the current international situation is rather severe, with wars and conflicts occurring between many neighboring countries. He said that there is a growing trend of nuclear weapon proliferation, emphasizing that use of such weapons would cause significant harm between nations. He also pointed out that some countries even use nuclear weapons as a threat, leading to instability and impacting the global situation. Chairman Ohashi said that neither Taiwan nor Japan possesses nuclear weapons, which is something to be proud of. That is why, he said, we can declare that a world without nuclear weapons is a peaceful world. He also mentioned that during his tenure as chairman of the Japan-Taiwan Exchange Association, he consistently upheld this principle in his work. Chairman Ohashi said that the mission of the World Federalist Movement (WFM) is to promote world peace. He said that the WFM has branches in countries worldwide, with the WFM of Japan being one of the most prominent, and that it also aspires to achieve the goal of world peace. Having served as chairman of the Japan-Taiwan Exchange Association for 14 years, he said, he is now stepping down from this role and will serve as the chairman of the WFM of Japan, aiming to promote peace in countries around the world. Chairman Ohashi said that both Taiwan and Japan can take pride in our friendly bilateral relationship, emphasizing that if the good relationship between Japan and Taiwan could be offered as an example to countries around the world, there would be no more wars. He expressed his sincere hope that under President Lai’s leadership, Taiwan and Japan can work together to jointly promote world peace. Also in attendance at the ceremony was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-06-25
    President Lai meets Japan’s former Economic Security Minister Kobayashi Takayuki
    On the afternoon of June 25, President Lai Ching-te met with Kobayashi Takayuki, Japan’s former economic security minister and a current member of the House of Representatives. In remarks, President Lai expressed hope to combine the strengths of the democratic community to build resilient, reliable non-red supply chains, and ensure a resilient global economy and sustainable development. He also expressed hope that Taiwan and Japan can bring about the early signing of an economic partnership agreement (EPA), and that Japan will continue supporting Taiwan’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. The following is a translation of President Lai’s remarks: I welcome Representative Kobayashi back to Taiwan for another visit after seven years. During his last visit, he was with a delegation from the Liberal Democratic Party (LDP) Youth Division, and we met at the Executive Yuan. I am very happy to see him again today. Representative Kobayashi has long paid close attention to matters involving economic security, technological innovation, and aerospace policy. He also made a stunning debut in last year’s LDP presidential election, showing that he is truly a rising star and an influential figure in the political sphere. With this visit, Representative Kobayashi is demonstrating support for Taiwan with concrete action, which is very meaningful. Taiwan and Japan are both part of the first island chain’s key line of defense. We thank the many Japanese prime ministers, including former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as current Prime Minister Ishiba Shigeru, for the many times they have highlighted the importance of peace and stability in the Taiwan Strait at important international venues, and for expressing opposition to the use of force or coercion to unilaterally change the status quo in the Taiwan Strait. I hope that Taiwan and Japan can engage in more cooperation and exchanges to promote peace and prosperity in the Indo-Pacific region in all aspects. In particular, China in recent years has been actively expanding its red supply chains, which threaten the global free trade system and advanced technology markets. Taiwan hopes to combine the strengths of the democratic community to build resilient, reliable non-red supply chains. In the semiconductor industry, for example, Taiwan has excellent advanced manufacturing capabilities, while Japan plays an important role in materials, equipment, and key technologies. I am confident that, given the experience that Taiwan and Japan have in cooperating, we can build an industrial supply chain composed of democratic nations to ensure a resilient global economy and sustainable development. I hope that Taiwan and Japan can bring about the early signing of an EPA in order to deepen our bilateral trade and investment exchanges and cooperation. I also hope that Japan will continue supporting Taiwan’s bid to join the CPTPP, enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. Taiwan and Japan are democratic partners that share the values of freedom, democracy, and respect for human rights. I firmly believe that so long as we work together, we can certainly address the challenges posed by authoritarianism, and bring prosperity and development to the Indo-Pacific region. In closing, I welcome Representative Kobayashi once again. I am certain that this visit will help enhance Taiwan-Japan exchanges and deepen our friendship. Representative Kobayashi then delivered remarks, first thanking President Lai for taking the time to meet with him, and noting that this was his second visit to Taiwan following a trip seven years prior, when he came with his good friend from college and then-Director of the LDP Youth Division Suzuki Keisuke, now Japan’s minister of justice. Representative Kobayashi mentioned a Japanese kanji that he is very fond of – 絆 (kizuna) – which means “deep ties of friendship.” He emphasized that a key purpose of this visit to Taiwan was to reiterate the deep ties of friendship between Taiwan and Japan. In addition to deep historical ties, he said, Taiwan and Japan also enjoy a like-minded partnership in terms of economic, personnel, and friendship-oriented exchanges. He went on to say that at the strategic level, Taiwan and Japan also have deep ties of friendship, and that for Japan, it is strategically important that Taiwan not be isolated under any circumstances. Representative Kobayashi emphasized that cooperation between Taiwan and Japan, and even cooperation among Taiwan, Japan, and the United States, are more important now than ever, and that another important focus of this visit is the non-red supply chains referred to earlier by President Lai. He said that as Japan’s first economic security minister and the person currently in charge of the LDP’s policy on economic security, he is acutely aware of the important impact of economic security on national interests, and therefore looks forward to further exchanging views regarding Taiwan’s concrete steps to build non-red supply chains. The delegation was accompanied to the Presidential Office by Japan-Taiwan Exchange Association Deputy Representative Takaba Yo.

    Details
    2025-06-16
    President Lai meets delegation led by Representative Bera, co-chair of US Congressional Taiwan Caucus
    On the morning of June 16, President Lai Ching-te met with a delegation led by Representative Ami Bera, co-chair of the US Congressional Taiwan Caucus. In remarks, President Lai thanked the representatives in Congress for actively voicing support for Taiwan and proposing numerous Taiwan-friendly initiatives to strengthen Taiwan-US ties, helping expand Taiwan’s international space and continuing to place focus on peace and stability across the Taiwan Strait. The president said that we will continue to strengthen bilateral investment and industrial cooperation and create a more comprehensive environment for economic and trade exchanges to jointly enhance economic and developmental resilience. A translation of President Lai’s remarks follows: I am delighted to meet with the delegation and welcome Congressman Bera back to the Presidential Office. Last January, he visited after the presidential election, demonstrating the steadfast backing of the US Congress for democratic Taiwan. This time, as head of a delegation of new members of the House Armed Services Committee and the Foreign Affairs Committee, he is continuing to foster US congressional support for Taiwan. On behalf of the people of Taiwan, I extend a sincere welcome to Congressman Bera and all our esteemed guests. Over the years, staunch bipartisan US congressional backing of Taiwan has been a key force for steadily advancing our bilateral relations. I thank the representatives in Congress for actively voicing support for Taiwan and proposing numerous Taiwan-friendly initiatives, thereby strengthening Taiwan-US ties, helping expand Taiwan’s international space, and continuing to place focus on peace and stability across the Taiwan Strait. I want to emphasize that Taiwan has an unwavering determination to safeguard peace and stability in the Indo-Pacific region. Over the past year, the government and private sector have been working together to enhance Taiwan’s whole-of-society defense resilience and accelerate reform of national defense. The government is also prioritizing special budget allocations to ensure that our defense budget exceeds three percent of GDP this year. I hope that Taiwan-US security cooperation will evolve beyond military procurement to a partnership that encompasses joint research and development and joint production, further strengthening cooperation and exchange in the defense industry. Regarding industrial exchanges, last month, Minister of Foreign Affairs Lin Chia-lung (林佳龍) and Minister of Economic Affairs Kuo Jyh-huei (郭智輝) each visited Texas to see firsthand Taiwan-US collaboration in AI and semiconductors. And the delegation led by Executive Yuan Secretary-General Kung Ming-hsin (龔明鑫) sent by Taiwan to this year’s SelectUSA Investment Summit in Washington, DC, was again the largest of those attending. All of this demonstrates Taiwan’s commitment to working alongside the US to create mutual prosperity. In the future, we will continue to strengthen bilateral investment and industrial cooperation. And I hope that the legislation addressing the issue of Taiwan-US double taxation will become law this year. I want to thank Congressman Bera for co-leading a joint letter last November signed by over 100 members of Congress calling for such legislation. I believe that by creating a more comprehensive environment for economic and trade exchanges, Taiwan and the US can enhance economic and developmental resilience. In closing, I thank you all for making the long journey here to advance Taiwan-US relations. Let us continue working together to promote the prosperous development of this important partnership. Congressman Bera then delivered remarks, saying that on behalf of the delegation, it is an honor for him to be here once again, it being last January that he and Congressman Mario Díaz-Balart visited and congratulated President Lai on his election victory, noting that theirs was the first congressional delegation to do so. Congressman Bera said that this is an important time, not just for the US and Taiwan relationship, but for all relationships around the world. When we look at conflicts in Europe and in the Middle East, he said, it is incumbent upon democracies to hold the peace in Asia. He emphasized that is why it is important for them to bring a delegation of members of the Foreign Affairs Committee and the Armed Services Committee, adding that he believes for all of them it is their first trip to Taiwan.  Congressman Bera said that while this is a delegation of Democratic members of Congress, in a bipartisan way all of Congress continues to support the people of Taiwan. As such, in this visit he brings support from his co-chairs on the Taiwan caucus, Congressman Díaz-Balart and Congressman Andy Barr. He also took a moment to recognize the passing of Congressman Gerald Connolly, who was a longtime friend of Taiwan and one of their co-chairs on the caucus. Congressman Bera mentioned that there is always a special bond between himself and President Lai because they are both doctors, and as doctors, their profession is about healing, keeping the peace, and making sure everybody has a bright, prosperous future. In closing, he highlighted that it is in that spirit that their delegation visits with the president. The delegation also included members of the US Congress Gabe Amo, Wesley Bell, Julie Johnson, Sarah McBride, and Johnny Olszewski.

    Details
    2025-06-13
    President Lai meets delegation led by French National Assembly Taiwan Friendship Group Chair Marie-Noëlle Battistel
    On the morning of June 12, President Lai Ching-te met a delegation led by Marie-Noëlle Battistel, chair of the French National Assembly’s Taiwan Friendship Group. In remarks, President Lai thanked the National Assembly for its long-term support for Taiwan’s international participation and for upholding security in the Taiwan Strait, helping make France the first major country in the world to enact legislation to uphold freedom of navigation in the Taiwan Strait. The president also said that exchanges and cooperation between Taiwan and France are becoming more frequent, and that he hopes this visit by the Taiwan Friendship Group will inject new momentum into Taiwan-France relations and help build closer partnerships in the economy, trade, energy, and digital security.  A translation of President Lai’s remarks follows: First, I would like to welcome Chair Battistel, who is once again leading a visiting delegation. Last year, Chair Battistel co-led a delegation to attend the inauguration ceremony for myself and Vice President Bi-khim Hsiao. This is her fourth visit, and first as chair of the Taiwan Friendship Group, which makes it especially meaningful. This delegation’s visit demonstrates strong support for Taiwan, and on behalf of the people of Taiwan, I want to express my sincerest welcome and thanks. France is a pioneer in promoting free and democratic values. These are values that Taiwan cherishes and is working hard to defend. I want to express gratitude to the French Parliament for their long-term support for Taiwan’s international participation, and for upholding security in the Taiwan Strait. The French Parliament’s two chambers have continued to strongly support Taiwan, with the passage of a resolution supporting Taiwan’s participation in international organizations in 2021, as well as the passage of the seven-year Military Programming Law in 2023. This has made France the first major country in the world to enact legislation to uphold freedom of navigation in the Taiwan Strait. Through it all, the Taiwan Friendship Group has played a key role, and I want to thank all of our distinguished guests for their efforts. Over the past few years, Taiwan and France have continued to deepen cooperation in areas including the economy, technology, culture, and sports. At the Choose France summit held in Paris last month, Taiwanese and French enterprises also announced they will launch cooperation in the semiconductor and satellite fields. The VivaTech startup exhibition, now being held in France, also has many Taiwanese vendors participating. Exchanges and cooperation between Taiwan and France, whether official or people-to-people, are becoming more and more frequent. I hope that this visit by the Taiwan Friendship Group will inject new momentum into Taiwan-France relations, building closer partnerships in the economy, trade, energy, and digital security.  To address current geopolitical and economic challenges, Taiwan will continue to join forces with France and other like-minded countries to jointly safeguard peace and stability in the Indo-Pacific region, and contribute our concerted efforts to global prosperity and development. Once again, I want to welcome our visitors to Taiwan. I hope to continue our joint efforts to create a more prosperous future for both Taiwan and France.   Chair Battistel then delivered remarks, thanking President Lai for extending this invitation. Last year on May 20, she said, she and her delegation attended the presidential inauguration ceremony, so she was delighted to visit Taiwan once again with the French National Assembly’s Taiwan Friendship Group and bear witness to their friendship with Taiwan. Chair Battistel noted that this visit has given them an opportunity to strengthen Taiwan-France relations in areas including the economy, culture, the humanities, and diplomacy, and conduct exchanges with numerous heads of government agencies and research institutes. It has also been an opportunity, she said, to witness the importance of exchanges and cooperation with Taiwan in areas including energy, semiconductors, youth, and culture, and the impact created by important issues of mutual concern, including AI and disinformation, on the security of many countries. Chair Battistel praised Taiwan for its youth development efforts, and said that under the Taiwan Global Pathfinders Initiative, 30 Taiwanese young people have embarked on a visit to France, with itineraries including the United Nations Ocean Conference and the VivaTech exhibition, as well as the city of Toulouse, which is strategically important for the aerospace industry. Members of the group are also conducting exchanges at the French National Assembly, she said.  Chair Battistel stated that the Taiwan-France partnership is growing closer, and that she hopes to continue to strengthen bilateral exchanges and cooperation, as supporting peace for Taiwan supports peace around the world.  The delegation also included Taiwan Friendship Group Vice Chair Éric Martineau, as well as National Assembly Committee on Foreign Affairs Vice Chair Laetitia Saint-Paul and Deputies Marie-José Allemand and Claudia Rouaux. The delegation was accompanied to the Presidential Office by French Office in Taipei Deputy Director Cléa Le Cardeur.

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

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ11: Developing tourism projects with distinctive intellectual properties

    Source: Hong Kong Government special administrative region

    LCQ11: Developing tourism projects with distinctive intellectual properties 
    Question:
     
    There are views that Hong Kong has a number of intellectual property (IP) projects with local characteristics, among which the film “Twilight of the Warriors: Walled In” has been well received both locally and overseas. In Japan, a restaurant has even launched peripheral food products inspired by the film, which sell out every day. Moreover, many film fans have visited Hong Kong for sightseeing due to the film, demonstrating the unlimited business opportunities of IP tourism. In this connection, will the Government inform this Council:
     
    (1) whether it has compiled statistics on the number of visitors attracted to Hong Kong by IP projects, cultural events and mega-events with local characteristics in the past three years, as well as their places of origin, length of stay in Hong Kong, and consumption amounts and patterns; if so, of the details; if not, the reasons for that, and whether it will consider compiling such statistics;
     
    (2) as some members of the industry and academics have pointed out that tourism projects dominated by a single IP are difficult to sustain, and that the long-term strategy should be linking up multiple IPs of the same type to create synergy effects (e.g. Hong Kong can explore combining the IP of “Twilight of the Warriors: Walled In” and those of a number of classic Hong Kong films to build a “Hong Kong version of Universal Studios”, with a view to maximising the cultural benefits of Hong Kong films), whether the Government has considered formulating a strategy to promote collaboration between different IP holders and the tourism industry; if so, of the details; if not, the reasons for that; and
     
    (3) whether the Government has formulated a dedicated strategy for IP tourism, such as strengthening the protection and promotion of existing distinctive IP projects and related attractions, and actively introducing measures to encourage and support IP creation and the development of related attractions; if so, of the details; if not, the reasons for that, and whether it will consider formulating relevant strategies?
     
    Reply:
     
    President,
     
    The current Government has established the Culture, Sports and Tourism Bureau (CSTB) to promote the integrated development of culture, sports and tourism. The Cultural and Creative Industries Development Agency (CCIDA) under the CSTB proactively strengthens its support towards the industrialisation development of the cultural and creative industries and provides a platform to foster cross-sectoral and cross-genre collaborations among cultural and creative sectors for cultural intellectual property (IP). We fully encourage industries such as catering, retailing and tourism to make use of the rich IP resources in Hong Kong to achieve synergy, attract tourists and explore business opportunities.
     
    My reply to the various parts of the question raised by the Hon Jeffrey Lam’s question, in consultation with the Intellectual Property Department (IPD), is as follows:
     
    There are a number of attractions in Hong Kong with local characteristics and tourism appeal, such as Victoria Harbour, the Hong Kong Disneyland Resort (HKDL), the Ocean Park (OP), the Peak Tram, the Hong Kong Ferris Wheel, Ngong Ping 360. They are also IPs with strong Hong Kong’s cultural characteristics. The CSTB and the Hong Kong Tourism Board (HKTB) have been striving to promote tourism by making good use of these cultural IPs and the international image of Hong Kong.
     
    In 2024, Hong Kong hosted over 240 mega events, attracting about two million visitors from mainly the Mainland and Southeast Asia region, and bringing a total spending of about HK$7.5 billion and added value of about HK$4.5 billion to the economy. Many of these mega events featured local characteristics and made good use of well-known IPs, such as the “100% DORAEMON & FRIENDS” Tour, Pokémon GO City Safari, PANDA GO! FEST HK, ComplexCon Hong Kong, Hypefest Hong Kong, Animation-Comic-Game Hong Kong (ACGHK), and “A Path to Glory – Jin Yong’s Centennial Memorial • The World of Wuxia”, etc. In 2025, we continue to welcome events filled with IP elements, such as “CHIIKAWA DAYS” Exhibition, the opening of CR7® LIFE Museum Hong Kong, ACGHK 2025, “Comic Fun for All: The Magic of Hong Kong Comedy Comics” showcasing various local comics and Hong Kong Fashion Fest.
     
    We have been making use of attractive IP-themed events to enrich visitors’ travel and entertainment experience and stimulate spending. The HKTB proactively collaborates with event organisers to provide all round support, including driving local tourism through events. For example, during “100% DORAEMON & FRIENDS” Tour, the HKTB partnered with the exhibition organiser to present “Anywhere Door” at ten tourist spots in Hong Kong, attracting visitors and locals to explore the city and take photos. The HKTB also collaborates with IPs in flagship events and integrates with signature IPs to further promote tourism. For example, in organising the Hong Kong International Dragon Boat Races in 2023 and 2024, the HKTB collaborated with the world’s popular IP, LINE FRIENDS, to set up LINE FRIENDS dragon boat photo spots along the Avenue of Stars to attract visitors and locals to take photos and enjoy the races. Both visitors and locals could also purchase Hong Kong-exclusive merchandise designed for the races during the event period. 
     
    In terms of tourism promotion through leveraging movie IPs, the HKTB collaborated with the movie producer and relevant units to launch a movie exhibition titled “Live out the Cinematic Charm of Hong Kong” Twilight of the Warriors: Walled In. The exhibition was first staged at the Hong Kong International Airport and then AIRSIDE at Kai Tak, Kowloon City. In parallel, merchandise vendors on site offered classic dishes, nostalgic toys and movie merchandise to create business opportunities. The CCIDA also organises the three-year “Kowloon Walled City: A Cinematic Journey” Movie Set Exhibition at the Kowloon Walled City Park, showcasing more movie sets and local traditional craftsmanship displays, recreating scenes of the Walled City. Over 42 000 locals and tourists were attracted in the first month since its opening in May this year, driving catering and retailing spending in the vicinity.
     
    In terms of theme parks, the HKDL, a landmark attraction with rich IP features, has been introducing various unique facilities and events to attract visitors, including the opening of the world’s first ever and largest Frozen-themed land, the new Marvel-themed area under planning, the 20th anniversary celebration and an all-new Pixar entertainment experience. On the other hand, the OP, capitalising on its advantage of being home to the largest number of giant pandas outside the Mainland, has created the giant pandas’ IPs according to the physical traits of the six giant pandas and launched giant panda-related promotional activities, merchandise, cultural and creative products, video games, tourism products, etc, with Hong Kong’s characteristics. In addition to the extensive use of the giant pandas’ IPs in OP’s social media content and merchandise, the OP will continue to make use of the relevant IP to launch giant panda-themed festive events, immersive experience activities, light shows, thematic performances, amusement facilities, etc, and partner with different organisations to promote the IPs.
     
    Separately, the CCIDA, through the CreateSmart Initiative (CSI), has funded and promoted various IP projects that integrate local animation and comic culture with tourism. These include the two-year AniCom Sports Park which showcases 36 locally created AniCom characters from different eras, each paired with a sports-themed design, such as “Old Master Q” with snooker, “Dragon Shik” with boxing and “My Boy” with table tennis, echoing the Olympic Games Paris and the National Games to promote the innovative experience of integrating culture, sports and tourism in Hong Kong. Since its launch in July 2024, the project has attracted about 460 000 locals tourists. The Hong Kong Avenue of Comic Stars, with the theme of local original comics, has drawn over three million visitors to date. The project was enhanced and updated in late 2024, now featuring 76 coloured figurines of local comic characters created by 100 artists, such as “Wang Xiao Hu”, “Hero Wah” and “MinBao Gor”, along with a 50-meter-long large-scale comic wall and interactive installations. In half a year, it attracted over 850 000 visitors with approximately 40 per cent of them being tourists. The annual mega event, the ACGHK, brings together comics and animation, mobile/computer games and art toy creations from Hong Kong, the Mainland and overseas, attracting about 250 000 tourists from the Mainland and overseas annually. The ACGHK 2025 will feature four projects, namely the Hong Kong International Art Toys Expo, the International Comic Artist Conference and Exhibition, the Comics Masters Gathering Hong Kong, and the Hong Kong Comics Support Programme Pavilion. Apart from showcasing over 100 art toys and comic works from Hong Kong, the Mainland and overseas, there will also be sharing sessions and workshops led by comic masters. The CCIDA will strengthen publicity in order to attract visitors from the Mainland and overseas.
     
    On upholding and strengthening IP protection, the Government continues to drive the development of local IP (including cultural IP), enhance the local IP regime, ensuring that it keeps abreast of the times, aligns with international trends, and meets Hong Kong’s economic needs, including the implementation of the Copyright (Amendment) Ordinance 2022 to strengthen copyright protection in the digital environment, and a comprehensive review of the local registered designs regime and plans to launch a public consultation within this year. A robust IP protection regime can foster the sustainable development of local cultural and creative industries, as well as help drive the growth of related industry chains, including tourism, thereby spurring the development of the economy. The CCIDA is also actively supporting cultural IP projects, including those related to tourism, through CSI, and driving applicants to make applications for IP protection for their cultural and creative products, formulate IP agreements and manage IP portfolios, etc, so as to assist creators in exploring business opportunities.
     
    The IPD advocates for the messages of respecting creativity and IP protection through producing and disseminating promotional materials and videos. At the same time, it is committed to implementing the “No Fakes Pledge” Scheme and the “I Pledge” Campaign to encourage the selling and buying of genuine goods among local retailers, tourists and consumers. The “No Fakes Pledge” Scheme has garnered widespread support from local businesses over the years, with an average annual participation of over 1 500 retail merchants and 7 000 outlets/online shops.
     
    The Government will continue to support IP creation, construction and cross-over through innovative thinking, combining with our edges in technology, animation and comics, the performing arts, film and television culture to attract more tourists to come to Hong Kong to experience the unique local cultural connotation. We also hope that the catering, retailing and tourism industries can make good use of IP projects to explore business opportunities and implement the concept of “tourism is everywhere in Hong Kong” together.
    Issued at HKT 14:22

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI: Lightchain AI Launches Final Bonus Phase After Raising $21.1M Ahead of July 2025 Mainnet Launch

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 02, 2025 (GLOBE NEWSWIRE) — Lightchain AI, an AI-native decentralized infrastructure platform, today announced the start of its Final Bonus Phase, following the successful completion of all 15 presale stages and the achievement of a major milestone—$21.1 million raised from a global community of early contributors. This final round offers a fixed price of $0.007125 per LCAI token, providing one last opportunity for participants ahead of the mainnet launch scheduled for July 2025.

    This announcement marks a critical moment for the Lightchain AI ecosystem, as strong participation and sustained growth continue to validate the project’s technical vision and long-term potential. With a scalable architecture, transparent governance, and clear utility for developers and validators, Lightchain AI is laying the groundwork for decentralized AI applications across industries.

    AI-Native Blockchain Infrastructure

    Lightchain AI is designed from the ground up to support real-time artificial intelligence workloads within a blockchain environment. At the core of the platform is its proprietary Artificial Intelligence Virtual Machine (AIVM), which allows for the decentralized execution of AI models and logic.

    The network uses a novel Proof-of-Intelligence (PoI) consensus model that rewards validator nodes for performing computationally meaningful AI tasks. This enables Lightchain AI to offer more than just transactional throughput—it provides functional intelligence that can be deployed securely and transparently on-chain.

    Strategic Tokenomics and Developer Support

    The project’s tokenomics are structured to promote long-term ecosystem health and decentralization. Notably, the original 5% Team Allocation has been fully removed and reallocated to developer incentives, staking rewards, and infrastructure support. Of the total supply, 40% has been allocated to presale and 15% reserved for staking, incentivizing validators to secure the network post-mainnet.

    In parallel, Lightchain AI has launched a $150,000 Developer Grant Program to support builders developing tools, decentralized applications, and infrastructure services. The Lightchain Developer Portal, now live, provides APIs, SDKs, and documentation to accelerate onboarding. Public GitHub repositories are also scheduled to go live shortly, reinforcing transparency and enabling open-source collaboration.

    Final Bonus Phase Open Now

    The Final Bonus Phase features fixed pricing and exclusive access to token holders ahead of the mainnet. Participants in this round will also benefit from ongoing ecosystem incentives, including grant eligibility, early validator opportunities, and developer support.

    “With over $21 million raised and a global community rallying behind the vision, the Final Bonus Phase offers one last opportunity to join Lightchain AI before it transitions to mainnet,” said a Lightchain AI spokesperson. “This is not just a funding milestone—it’s the beginning of a decentralized AI movement.”

    Key Upcoming Milestones

    • Mainnet Launch – Scheduled for July 2025
    • Validator Program – Ongoing recruitment for early node operators
    • Public GitHub Access – Launching in Q3 2025
    • Grant Program Distribution – Begins shortly after mainnet launch


    Learn More or Join the Bonus Phase

    Website: https://lightchain.ai
    Whitepaper: https://lightchain.ai/lightchain-whitepaper.pdf
    Twitter/X: https://x.com/LightchainAI
    Telegram: https://t.me/LightchainProtocol

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

    Disclaimer: This content is provided by Lightchain AI. 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bbd06b6d-b7b1-4fef-82bf-6ce0ea6bd454

    The MIL Network

  • MIL-OSI Economics: John C Williams: The totality of the data

    Source: Bank for International Settlements

    Hello, everyone. I’m so pleased to be here today.

    One of the most enjoyable parts of my job is meeting with business and community leaders to learn more about our local economies-their challenges and opportunities, their long-established businesses and new industries. It’s fitting that I started my visit in Schenectady, known as “The City that Lights and Hauls the World.” And now I’m here at the Albany NanoTech Complex, a hub for innovative, cutting-edge nanotechnologies. Both cities, just 20 miles apart, have made-and continue to make-important contributions to our regional and national economies.

    I’ll talk a bit about that today, although my focus will be on the U.S. economy. I’ll discuss what the soft and hard data are telling us, and how the totality of the data is informing my outlook for the economy.

    Before I go further, I must give the standard Fed disclaimer that the views I express today are mine alone and do not necessarily reflect those of the Federal Open Market Committee (FOMC) or others in the Federal Reserve System.

    The Capital Region

    As an economist and student of history, I can’t help but start with a few words about the Capital Region. In the 1880s, when Thomas Edison created components for his electrical illumination system and the Schenectady Locomotive Works built engines, few could have imagined the ways that electricity and locomotives would transform entire societies and economies. They represent what economists call general-purpose technologies, or GPTs.

    Today, many experts think that the latest GPT is artificial intelligence, or AI. And among the many research initiatives underway here are technologies that support the advancement of AI.

    In the 140 years between these GPT bookends, this region has continued to invest in new industries and training for workers, helping to drive the health of the local economy.

    The Soft Data

    Of course, all communities in the Federal Reserve’s Second District-which includes the Capital Region-are affected by national trends. In recent months, the changing landscape around fiscal and trade policies has heightened economic uncertainty among consumers, business owners, and financial market participants.

    As an economist and policymaker, I am always studying the data. Recently, there have been some interesting dynamics in both the soft data, which are typically survey measures of perceptions and expectations, and the hard data, which are economic readings of what has actually happened.

    I’ll start with the soft data. Over the past few months, surveys carried out by the New York Fed and others have highlighted a great deal of pessimism and uncertainty about the economic outlook. With respect to the Second District, our surveys of manufacturers and service firms indicate that economic activity has declined modestly, and concerns about tariffs are widespread. Several of my business contacts reported pulling back on capital spending and putting hiring on hold until the economic uncertainty lessens.

    In the New York Fed’s national Survey of Consumer Expectations, consumers’ uncertainty remains elevated not just about inflation, but also about housing prices and their earnings growth.1 According to this survey, households have scaled back their expected spending growth on nonessential items.

    The soft data have also revealed some good news. Longer-run inflation expectations have remained stable. And with the pullback in tariffs since early April, short- and medium-term inflation expectations have receded back close to their pre-pandemic averages. These patterns are consistent with market-based measures of inflation compensation and with most other survey-based measures. This is critically important, because well-anchored inflation expectations are essential for sustained price stability.

    That said, survey respondents report that uncertainty about inflation remains elevated.

    The Hard Data

    As a policymaker, I have often said that my decisions are data dependent-but not data-point dependent. I look at the totality of the data for underlying trends. I am particularly focused on those that affect the achievement of the FOMC’s dual mandate goals of maximum employment and price stability, which is defined as 2 percent inflation over the longer run.

    And what much of the hard data shows is that the U.S. economy remains in a good place.

    With regard to real GDP growth, the data have been unusually noisy, reflecting front-running of tariffs. That said, consumer spending and investment have been resilient overall so far this year.

    On the employment side of our mandate, labor market conditions have remained solid, with the unemployment rate at a little over 4 percent for the past year.

    On the price stability side of our mandate, inflation has continued to come down from its COVID-era spikes. With the labor market in balance and wage pressures having abated, inflation, as measured by the personal consumption expenditures price index, has moved close to our 2 percent longer-run goal.

    However, measures of underlying inflation-such as core inflation, which strips away volatile categories like food and energy-are still somewhat above our 2 percent target. And there are signs that tariffs are affecting specific categories of goods.

    We are seeing evidence of these patterns in the Second District. In May, New York Fed staff fielded a special survey to gauge the extent to which New York and New Jersey businesses were passing on tariff-induced cost increases to their customers. Manufacturers indicated that over the past six months, the cost of their tariffed goods had risen by about 20 percent, on average. For service firms, the increase was about 15 percent. The survey’s key finding is that about three-quarters of respondents in both sectors passed along at least some of these higher costs to their customers by raising prices. Indeed, almost a third of manufacturers and nearly half of service firms reported fully passing along all tariff-related cost increases.2

    What does this all mean for the economy going forward?

    My answer is that we need to be vigilant in analyzing the totality of the data to see how conditions evolve.

    Monetary Policy

    Given the continued uncertainty, the solid labor market, and inflation still above our 2 percent goal, the FOMC decided at its meeting last week to leave the target range for the federal funds rate unchanged at 4-1/4 to 4-1/2 percent.3

    Maintaining this modestly restrictive stance of monetary policy is entirely appropriate to achieve our maximum employment and price stability goals. It allows for time to closely analyze incoming data, assess the evolving outlook, and evaluate the balance of risks to achieving our dual mandate goals.

    In addition, the FOMC continues to reduce its holdings of Treasury securities and agency debt and agency mortgage-backed securities. Despite market volatility related to trade policy and other developments, that process continues to go very smoothly.

    The Economic Outlook

    In an uncertain environment, any number of outcomes can occur. But based on what the data tell us today, I expect uncertainty and tariffs to restrain spending and reduced immigration to slow labor force growth. As a result, I expect real GDP growth this year will slow considerably from last year’s pace, to just over 1 percent.

    With this deceleration of real GDP, I expect the unemployment rate to rise to around 4-1/2 percent by the end of this year. I anticipate the tariffs enacted this year will boost inflation to around 3 percent in 2025, and then for inflation to gradually decline to 2 percent over the next two years as the tariff effects fade.

    Conclusion

    Much of the soft data we’ve seen in recent months captures the heightened uncertainty about the path of the economy. But it’s too early to say what the future trajectory of the hard data will be.

    As always, I remain focused on all the data, and that includes what I have learned on this trip to the Capital Region. No matter what comes our way, I am committed to supporting maximum employment and returning inflation to our 2 percent longer-run goal.

    MIL OSI Economics

  • MIL-Evening Report: Tonga cybersecurity attack wake-up call for Pacific, warns expert

    By Teuila Fuatai, RNZ Pacific senior journalist

    A Tongan cybersecurity expert says the country’s health data hack is a “wake-up call” for the whole region.

    Siosaia Vaipuna, a former director of Tonga’s cybersecurity agency, spoke to RNZ Pacific in the wake of the June 15 cyberattack on the country’s Health Ministry.

    Vaipuna said Tonga and other Pacific nations were vulnerable to data breaches due to the lack of awareness and cybersecurity systems in the region.

    “There’s increasing digital connectivity in the region, and we’re sort of . . . the newcomers to the internet,” he said.

    “I think the connectivity is moving faster than the online safety awareness activity [and] that makes not just Tonga, but the Pacific more vulnerable and targeted.”

    Since the data breach, the Tongan government has said “a small amount” of information from the attack was published online. This included confidential information, it said in a statement.

    Reporting on the attack has also attributed the breach to the group Inc Ransomware.

    Vaipuna said the group was well-known and had previously focused on targeting organisations in Europe and the US.

    New Zealand attack
    However, earlier this month, it targeted the Waiwhetū health organisation in Aotearoa New Zealand. That attack reportedly included the theft of patient consent forms and education and training data.

    “This type of criminal group usually employs a double-extortion tactic,” Vaipuna said.

    It could encrypt data and then demand money to decrypt, he said.

    “The other ransom is where they are demanding payment so that they don’t release the information that they hold to the public or sell it on to other cybercriminals.”

    In the current Tonga cyberattack, media reports say that Inc Ransomware wanted a ransom of US$1 million for the information it accessed. The Tongan government has said it has not paid anything.

    Vaipuna said more needed to be done to raise awareness in the region around cybersecurity and online safety systems, particularly among government departments.

    “I think this is a wake-up call. The cyberattacks are not just happening in movies or on the news or somewhere else, they are actually happening right on our doorstep and impacting on our people.

    Extra vigilance warning
    “And the right attention and resources should rightfully be allocated to the organisations and to teams that are tasked with dealing with cybersecurity matters.”

    The Tongan government has also warned people to be extra vigilant when online.

    It said more information accessed in the cyberattack may be published online, and that may include patient information and medical records.

    “Our biggest concern is for vulnerable groups of people who are most acutely impacted by information breaches of this kind,” the government said.

    It said that it would contact these people directly.

    The country’s ongoing response was also being aided by experts from Australia’s special cyberattack team.

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

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Australians will soon need their age checked to log into online search tools – here’s why

    Source: The Conversation (Au and NZ) – By Lisa M. Given, Professor of Information Sciences & Director, Social Change Enabling Impact Platform, RMIT University

    Shutterstock

    By the end of this year, the experience of using search engines in Australia won’t be as simple as it has always been.

    That’s thanks to a new online safety code announced yesterday by Australia’s eSafety Commissioner, Julie Inman Grant. Among other measures, it will require all Australian users to provide assurance of their age when they sign into a search engine account.

    So what’s the new code about? How will it work in practice? And how exactly will it affect kids – and adults – in Australia who use search engines such as Google?

    What’s in the new code?

    The code orders providers of internet search-engine services such as Google and Microsoft (which owns Bing) to “implement appropriate age assurance measures for account holders” within six months.

    The code requires providers to review and mitigate “the risk that Australian children will access or be exposed to online pornography, high-impact violence material, and self-harm material” in search engine results.

    While the code does not define the age of a “child” as being under 18, or another age, a search engine must apply tools and settings that “at a minimum” filter out online pornography and extremely violent material from search results. Providers must also ensure advertising in these content areas is not served up in search results to child account holders.

    Currently, Google account holders must be at least 13 years old.

    The code creates several other rules for search engine providers that will impact everyone.

    For example, providers must “prevent autocomplete predictions that are sexually explicit or violent” and prominently display crisis-prevention information, such as helplines, in the results for queries relating to topics such as self-harm, suicide and eating disorders.

    Search engine providers will also have to blur some images in search results by default to reduce the risk of kids inadvertently accessing or being exposed to pornographic or violent material. And they will have to provide parental controls to limit or alter children’s access to adult material.

    On top of these measures, the code requires search-engine providers to report to eSafety, invest in safety and moderation teams, and engage with community organisations.

    The new code has been in development since July 2024. It was co-drafted by the Digital Industry Group Inc, an industry association representing tech companies including Google, Meta and Microsoft. A single breach could result in a search engine provider copping a fine of up to A$49.5 million.

    How will the code work in practice?

    The code does not spell out the measures to be used to assure someone’s age.

    They could including asking for government-issued ID or be similar to strategies currently being assessed for the Australian government’s under 16s social media ban, such as facial recognition technology.

    Yet, the government’s recent age assurance trials highlighted concerns about the accuracy of age estimation tools, despite claims of their overall effectiveness.

    Changing how people search

    Once implemented, age assurance requirements will likely change how people engage with search engines and other applications.

    Google is used by more than 90% of Australians and for more than just searching. The Google ecosystem includes Gmail, Google Drive, and Google Maps, providing seamless integration between search and other tools and tasks.

    Repeated age assurance requests could disrupt the seamlessness of content-sharing across devices that users now experience.

    Many people also opt to remain logged into their accounts on multiple devices, to quickly enable cross-device activities. This means within a family, users of multiple ages may access content on a single account, even when they don’t intend to do so.

    Will search engines need to change this functionality, to more regularly log users off their accounts, and reconfirm the account holder’s age? And how will the code affect features such as Google’s “incognito mode”, which is used for private searching?

    The code will apply to “any features integrated within the search functionality and the user interface” of the service, including results generated by artificial intelligence (AI). This means results generated by Google’s Gemini AI service fall under the code, alongside traditional search results.

    However, the code doesn’t apply to “standalone applications or tools that are not integrated within the internet search engine service”. This means that while a browser extension such as ChatGPT for Google may fall under the code, as an integrated search engine service, the standalone ChatGPT app could be excluded.

    This may make searching even more confusing for users, as many people may not understand the limitations of treating generative AI tools like search engines – but they are not.

    Will the code work?

    As with all age assurance checks, there may be ways people can get around these new search engine controls.

    For example, they may use VPNs to trick the system into believing they are outside of Australia (and therefore not subject to age assurance checks). Or, children may access content on older people’s accounts and devices.

    However, the code does preempt concerns that children might get around controls by simply not logging in to their accounts. And, the code’s insistence on reporting mechanisms means people of all ages will be able to report material and raise complaints about potential code violations.

    In this way, the code seems to reflect the government’s previously proposed (but now, paused) “digital duty of care” legislation, which aimed to hold technology companies to account for the content they provide.

    One crucial question remains: will the steps companies take to comply with the code meet Australians’ expectations for seamless, integrated search practices and personal privacy as they access information online?

    Lisa M. Given receives funding from the Australian Research Council. She is a Fellow of the Academy of the Social Sciences in Australia and the International Association for Information Science and Technology.

    ref. Australians will soon need their age checked to log into online search tools – here’s why – https://theconversation.com/australians-will-soon-need-their-age-checked-to-log-into-online-search-tools-heres-why-260199

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: SPC Jul 2, 2025 0100 UTC Day 1 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

     For best viewing experience, please enable browser JavaScript support.

    Jul 2, 2025 0100 UTC Day 1 Convective Outlook

    Updated: Wed Jul 2 00:56:50 UTC 2025 (Print Version |   |  )

    Probabilistic to Categorical Outlook Conversion Table

     Forecast Discussion

    SPC AC 020056

    Day 1 Convective Outlook
    NWS Storm Prediction Center Norman OK
    0756 PM CDT Tue Jul 01 2025

    Valid 020100Z – 021200Z

    …THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS ACROSS PARTS OF
    THE NORTHERN/CENTRAL PLAINS…

    …SUMMARY…
    Scattered severe thunderstorms should continue this evening over
    parts of the northern/central Plains, with large hail the primary
    risk. Isolated damaging winds will also remain possible for a couple
    more hours across portions of the Mid-Atlantic and Southeast.

    …Northern/Central Plains…
    Multiple supercells developed this afternoon/evening across parts of
    the northern/central High Plains, generally along/east of a surface
    lee trough. Although low-level flow remains fairly modest per area
    VWPs, sufficient west-northwesterly mid/upper-level flow will
    continue to foster around 30-40 kt of deep-layer shear and updraft
    organization. Persistent supercells will pose mainly a large hail
    threat as they move slowly south-southeastward for at least the next
    several hours. An increasing risk for isolated severe winds may also
    develop given the well-mixed boundary layer and gradual upscale
    growth anticipated. Reference Mesoscale Discussion 1538 for more
    details on the short-term severe threat across this region. A
    separate area of mainly elevated convection may develop later
    tonight across a broader portion of SD in a low-level warm advection
    regime. This activity may have an isolated hail threat.

    …Mid-Atlantic into the Southeast…
    Loosely organized convection should continue this evening from parts
    of the Mid-Atlantic and Southeast along/ahead of a cold front. An
    isolated threat for damaging winds should persist where pockets of
    moderate instability remain. But, generally modest deep-layer shear
    and a gradually stabilizing boundary layer with the loss of daytime
    heating will likely lead to a gradual reduction in the overall
    severe threat this evening.

    ..Gleason.. 07/02/2025

    CLICK TO GET WUUS01 PTSDY1 PRODUCT

    .html”>Latest Day 2 Outlook/Today’s Outlooks/Forecast Products/Home

    MIL OSI USA News

  • MIL-OSI Russia: Hainan Island Allocates 40 Million Yuan in Summer Tourism Subsidies

    Translation. Region: Russian Federal

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

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

    HAIKOU, July 2 (Xinhua) — South China’s island province of Hainan on Tuesday launched a campaign to promote summer tourism, providing 40 million yuan (about 5.59 million U.S. dollars) in subsidies to spur consumption during the tourist season, local authorities said.

    According to the Hainan Provincial Department of Tourism, Culture, Radio, Television and Sports, the campaign will run from July to September and will provide targeted subsidies for travel to and from the province, accommodation, meals, and tickets to tourist attractions.

    Tourists can upload receipts to prove their spending on dedicated online platforms. Subsidized funds ranging from 150 to 3,060 yuan will be returned directly to travelers’ personal bank accounts.

    This summer, Hainan is expected to host more than 100 cultural, tourism and sports events, including festivals, live performances and sports competitions, showcasing the island’s diverse charms.

    Hainan Island, famous for its year-round sunshine and pristine beaches, is looking to revitalize its tourism industry. China aims to turn the province into a global tourist and consumer destination by 2035.

    By the end of 2024, Hainan’s total tourist flow, including both domestic and foreign tourists, exceeded 97.2 million person-times, up 8 percent from the previous year. According to official data from the above-mentioned department, total tourism spending in the province last year increased by 12.5 percent, reaching 204 billion yuan.

    The province is expected to receive more than 100 million tourists, both domestic and international, this year.

    As part of its broader economic strategy, China is turning Hainan into a free trade port. With Hainan set to begin independent customs operations by the end of the year, the province is poised to become not only a tourist haven but also a key gateway to China’s opening up. -0-

    MIL OSI Russia News

  • No link between COVID-19 vaccines and sudden deaths, confirms ICMR-AIIMS study

    Source: Government of India

    Source: Government of India (4)

    Comprehensive studies conducted by India’s top health research bodies have found no evidence linking COVID-19 vaccination to sudden deaths among adults, particularly in the 18–45 age group. The findings, released by the Ministry of Health and Family Welfare, are based on extensive investigations by the Indian Council of Medical Research (ICMR), the National Centre for Disease Control (NCDC), and the All India Institute of Medical Sciences (AIIMS), New Delhi.

    These studies were initiated amid rising public concern about sudden and unexplained deaths following the COVID-19 pandemic. However, the research outcomes have decisively ruled out any direct connection between the vaccines and such fatalities. Instead, they point to a combination of pre-existing health conditions, genetic factors, lifestyle choices, and in some cases, post-COVID complications as the underlying causes.

    One of the key investigations, conducted by ICMR’s National Institute of Epidemiology (NIE), was a multicentric matched case–control study titled “Factors associated with unexplained sudden deaths among adults aged 18–45 years in India.” Carried out between May and August 2023, the study covered 47 tertiary care hospitals across 19 states and Union Territories. It examined cases involving seemingly healthy individuals who died suddenly between October 2021 and March 2023. The results found no increased risk of unexplained sudden death following COVID-19 vaccination.

    In parallel, AIIMS New Delhi, in collaboration with ICMR, is conducting a prospective study titled “Establishing the cause in sudden unexplained deaths in young.” Though the study is still underway, preliminary findings indicate that myocardial infarction (heart attacks) remains the leading cause of sudden deaths in young adults. The pattern of causes has remained consistent with trends from previous years. Additionally, in several cases, genetic mutations have been identified as contributing factors.

    Collectively, the findings from both studies offer a robust scientific explanation of sudden deaths in young adults and reinforce the safety profile of COVID-19 vaccines administered in India. Experts emphasized that misinformation or unverified claims linking vaccines to such deaths are not only scientifically inaccurate but also pose a risk to public trust in vaccination programs.

    Health officials and researchers have cautioned that spreading speculative and unsupported claims can fuel vaccine hesitancy—an outcome that could undermine public health efforts and reverse progress made in managing the pandemic.

  • No link between COVID-19 vaccines and sudden deaths, confirms ICMR-AIIMS study

    Source: Government of India

    Source: Government of India (4)

    Comprehensive studies conducted by India’s top health research bodies have found no evidence linking COVID-19 vaccination to sudden deaths among adults, particularly in the 18–45 age group. The findings, released by the Ministry of Health and Family Welfare, are based on extensive investigations by the Indian Council of Medical Research (ICMR), the National Centre for Disease Control (NCDC), and the All India Institute of Medical Sciences (AIIMS), New Delhi.

    These studies were initiated amid rising public concern about sudden and unexplained deaths following the COVID-19 pandemic. However, the research outcomes have decisively ruled out any direct connection between the vaccines and such fatalities. Instead, they point to a combination of pre-existing health conditions, genetic factors, lifestyle choices, and in some cases, post-COVID complications as the underlying causes.

    One of the key investigations, conducted by ICMR’s National Institute of Epidemiology (NIE), was a multicentric matched case–control study titled “Factors associated with unexplained sudden deaths among adults aged 18–45 years in India.” Carried out between May and August 2023, the study covered 47 tertiary care hospitals across 19 states and Union Territories. It examined cases involving seemingly healthy individuals who died suddenly between October 2021 and March 2023. The results found no increased risk of unexplained sudden death following COVID-19 vaccination.

    In parallel, AIIMS New Delhi, in collaboration with ICMR, is conducting a prospective study titled “Establishing the cause in sudden unexplained deaths in young.” Though the study is still underway, preliminary findings indicate that myocardial infarction (heart attacks) remains the leading cause of sudden deaths in young adults. The pattern of causes has remained consistent with trends from previous years. Additionally, in several cases, genetic mutations have been identified as contributing factors.

    Collectively, the findings from both studies offer a robust scientific explanation of sudden deaths in young adults and reinforce the safety profile of COVID-19 vaccines administered in India. Experts emphasized that misinformation or unverified claims linking vaccines to such deaths are not only scientifically inaccurate but also pose a risk to public trust in vaccination programs.

    Health officials and researchers have cautioned that spreading speculative and unsupported claims can fuel vaccine hesitancy—an outcome that could undermine public health efforts and reverse progress made in managing the pandemic.

  • MIL-OSI Australia: Doorstop – University of Technology Sydney

    Source: Murray Darling Basin Authority

    KATHLEEN BAIRD, HEAD OF SCHOOL OF NURSING AND MIDWIFERY: Good morning, everyone. Firstly, I’d like to acknowledge the Gadigal people of the Eora Nation on whose land UTS stands. And I welcome you all to UTS. I’m Kathy Baird, Professor Kathy Baird, and I’m the Head of the School of Nursing and Midwifery. It is an absolute honour to welcome the Minister for Education, the Honourable Jason Clare, to UTS this morning.

    I do also want to acknowledge the Commonwealth’s ongoing support through the placement payment for our student nurses and midwives. This initiative will provide much-needed financial support to our students during their clinical placements. It will help to ease the burden they face while they gain the practical skills required. Their dedication, resilience and compassion are the foundation of the future of nursing [indistinct] will be built.

    I’d also like to thank the students that came here this morning. And I would like to hand over to Minister Clare. Thank you.

    JASON CLARE, MINISTER FOR EDUCATION: Thanks very much. And a big thank you to UTS for letting me visit today to talk about something which is dear to my heart and I think is going to be really important in supporting the teachers and nurses and midwives and social workers that are training in our universities now that are getting an education in our universities right now to help them with their studies, with the cost of living while they’re studying, and help them to complete their degree.

    When I got this job a couple of years ago, I remember talking to some nursing students who talked to me about placement poverty. It was something that I hadn’t heard of before. Now I understand. And it’s because of the stories that they told me. There’s a lot of nursing students who work in our hospitals right now as assistants in nursing, and it’s a part-time job where they’re getting paid to work in a hospital while they’re studying here at university. But a big part of their degree is also prac, practical training. And it’s something like 800 hours of practical training that they have to do as part of their degree.

    And often that prac will happen at the same hospital where they’ve got a part-time job, but while they’re doing their prac, they can’t do that job. So, they’re working in the same hospital, but they’re no longer being paid. And that’s what placement poverty looks like. It means that you don’t have the money that you ordinarily would have to pay the bills, to pay for parking, pay for public transport. And it can make life harder.

    The end result of that is that some students who start a degree, like nursing or teaching, don’t finish it. For some students, prac also means you have to move away from home to do it. And that can make life more difficult as well. It can mean giving up your part-time job because you’re not living around the corner while you’re doing the practical training.

    This was a key recommendation of the Universities Accord, which is a big report. It’s a blueprint for how we reform higher education in Australia over the next decade and the decade after that. And I released that report early last year, and at the budget last year, I announced that we’d allocate almost over a half a billion dollars to fund paid prac. I think I was here to talk about that then. And it’s terrific to be back at UTS on the week that it starts, where we’re bringing the words from that report to life and making it real. And, most importantly, making a difference to the sort of people I got to meet today.

    This applies to teaching students, to nursing students, to midwifery students and social work students. These are some of the most important professions in our country. These are young people who one day will teach our kids or look after us when we’re sick, who will help women giving birth, who’ll help women fleeing domestic violence. And this is a bit of practical help while you do your practical training.

    Can I just pass over to Dorsa who I got the privilege to meet this morning, who’s a third-year midwifery student here at UTS, to tell your story about what drew you to midwifery and how you think this payment might help.

    DORSA NEMATIAN: Thank you so much, Minister Clare. So I am a refugee from Iran who has been doing a midwifery course for the past three years. I started off with a degree in Bachelor of Medical Science, which helped made me realise that it wasn’t for me, and I was more drawn to midwifery and childbirth, which is the reason why I made the switch. Obviously, this Commonwealth Prac Payment will make the difference between surviving through the practical part of our degree to just enjoying it and being able to learn while we’re undertaking our practice.

    JOURNALIST: So there has been a huge slump in the number of students on youth allowance, and experts are warning that we may not meet our tertiary education targets if low-education and regional students aren’t going to uni. Would you consider raising the rate of those payments or loosening eligibility requirements?

    CLARE: We’ve already increased youth allowance as well as rental assistance. You are right that what we do need to do over the next decade and beyond is help more young people finish school and then go on to TAFE or university to get the qualifications that the jobs that are in demand now and that are going to be in even more demand in the decades ahead. There’s no part of the economy where jobs are growing faster than in nursing and in health care. That’s for sure.

    Yesterday I formally announced the creation of the Australian Tertiary Education Commission in its interim reform, and it kicked off yesterday, headed up by Professor Mary O’Kane, who is the author or the lead author of the Universities Accord. And she makes the point there that we’re not going to have the workforce that we need – something like four out of five workers in the economy with a university degree or a TAFE qualification – unless we break down that barrier that stops a lot of young people, particularly from disadvantaged backgrounds, from poorer backgrounds and from the regions and the bush, from getting a crack at university in the first place and then going on and finishing their degree.

    And that’s why the prac payment is part of this. It’s definitely part of it, support for people while they do their practical training, but it’s not the only thing that we’re doing. Next year, you’ll see the rollout of funding reform for the way our universities are funded. And, in particular, funding reform to help the sort of people that you mentioned in your question, people from disadvantaged backgrounds. And part of that is developing and rolling out a needs-based funding system a little like the Gonski model for schools for universities.

    JOURNALIST: What do you think that slump is due to?

    CLARE: We’ve seen over the course of this year and last year an increase in the total number of young people enrolling in courses at university. That’s a good sign. The number of people going to university, the number of Australians going to university, has been in decline pretty much since 2017. There was a bump during COVID. That was a bit of an anomaly where people were locked at home and enrolled in courses. But overall, we’ve seen a decline in the number of Aussies enrolling in uni degrees until last year when it jumped up, and now it’s jumping up again this year. It’s on track to be the highest number of Australians enrolling in either an undergraduate degree or a postgraduate degree on record. So that’s a good thing.

    As I say, it’s not just people leaping out of school to study at university; it’s also people going back to uni to reskill, to upskill, get more skills. So that’s a good sign. But the Universities Accord is about building on that and what more we need to do it to support more people into university and into TAFE. I mentioned the funding reforms that will take place next year. Another part of it is making sure that TAFE and university work better together. We shouldn’t see them as two separate systems; we should be thinking about how they can be more joined up or integrated, how some of what you do at TAFE can be counted when you go to university and vice versa.

    We were having a chat, Dorsa mentioned that she did another course before she went into midwifery. Some of that is counted towards this course. That means that the degree is shorter than it otherwise would be, and costs less. But that’s a good example of what we can do more of here.

    In terms of helping people with the cost of higher education, the best example I can really point to is the cut to HECS that I’ll introduce into the Parliament in the next few weeks. The first bill that we’ll introduce into the Parliament will cut the student debt for 3 million Australians by 20 per cent. This will cut $16 billion dollars off the debt of ordinary Aussies. For the average Australian, it will cut their debt by more than five and a half grand. And that’s a big deal that will make a big difference.

    JOURNALIST: Do you want to move into child care now?

    CLARE: I’ll just make some comments off the top. Any Australian who heard the news from Victoria yesterday would be sickened by what they heard. And for every parent that is directly affected by this in Victoria, they would be frightened and they’d be angry. They would be bloody angry. And I know that they’re angry because one of those parents is a friend of mine, and her two little girls are directly affected by this. And I won’t tell you what she told me last night because you can’t repeat it on television. But she’s right to be mad. I’m mad. I think anyone who works in the early education system, and there’s hundreds of thousands of fantastic people who do, would be angry today as well. And my friend is mad because of all of the stress and the trauma and the crap that she and her girls are going to have to go through in the weeks ahead.

    This is serious, and it requires serious action. I was informed about this by the Victorian Government a little over a week ago. It’s one of the reasons why I put this on the top of the agenda when Education Ministers met last week. Let me be clear, when Education Ministers met to discuss child safety last week, we didn’t discuss this case, but we discussed what are the next steps that we need to take as a nation to make sure that our kids are safe in early education and care.

    There are things that we’ve already done. We’ve banned the use of personal mobile phones and devices in child care centres, and we did that for a reason. We’ve also changed the rules around mandatory reporting from seven days to 24 hours where there are complaints about sexual or physical abuse. I’ve got to tell you, we did that for a reason.

    And there are other things that are also underway. I mentioned yesterday and again this morning the legislation that I’ll bring to the Parliament which is about making sure that if services aren’t up to scratch, that they aren’t meeting the safety and the quality standards that we expect as a country, that we have the power as a Government to cut their funding off. And that’s important, too, because there’s nothing more important than the safety of our kids in early education and care.

    And there’s more to do. That’s what the meeting of Education Ministers on Friday was all about. We’ve seen the awful revelations out of the Four Corners investigation led by Adele Ferguson only a couple of months ago, and the Wheeler Report that was released last Thursday. Ministers had the opportunity at that meeting to be briefed by Chris, to be briefed by Mr Wheeler, and to go through his recommendations. But we were also briefed by Gabrielle Sinclair, who’s the head of ACECQA, about the actions she recommends we take in the light of the Four Corners investigation. And now Ministers are working together on a package of further reforms that are needed to make sure that our early education and care centres are as safe as they need to be.

    JOURNALIST: Minister, on that legislation you’re planning to introduce, how serious would a breach have to be for a centre to have their funding cut? What sort of threshold are we talking about?

    CLARE: All of that will be set out in the legislation that we’re working on right now. I mentioned to David on RN this morning that I’ve directed my Department to get that legislation drafted as quick as possible. It will deal with a number of things. As we announced back in March when we announced our intention to legislate in this area, it’s about that, it’s about cutting off funding to centres where there’s egregious behaviour by a centre. It’s also about stopping them from getting permission to expand and open other centres. But not just that; it’s also about stopping a provider or an employee who works in a centre who’s been found to be a bad actor from moving out of the child care sector into another part of the care economy, for example, in the NDIS. And we saw examples of that in the Four Corners investigation.

    JOURNALIST: Do you think there should be a tougher background checking process for those who have a working with children check?

    CLARE: I said this morning that it’s taken too long to do the work necessary to make sure that our working with children check system is up to scratch. And I’ve spoken a number of times with the Attorney-General, Michelle Rowland, the new Attorney-General, and I think I can safely speak on her behalf that she agrees and is determined to take the action necessary here to make sure that our working with children checks across the nation are up to scratch. That will be something that will be discussed by Attorneys-General when they meet next month. The Attorney-General is doing a press conference at the moment, and she’ll have more to say on that.

    The only other point I would make on working with children checks is that they’re not the only thing that we need to fix or reform. They’re not a silver bullet. There are too many examples where a perpetrator is eventually caught and arrested and sentenced. They’re somebody that got a working with children check because they had no prior criminal record. And so it’s only one of the things that we need to focus on here if we’re serious about making sure that we keep our kids

    JOURNALIST: You mentioned you wanted those – that legislation through as fast as possible. Can we expect to see these changes made this year?

    CLARE: Yes.

    JOURNALIST: Do you – the National Children’s Commissioner says the sector’s regulators need to be stronger, need more teeth to act. Has the government been slow to respond to these calls?

    CLARE: You can never be fast enough here. And the honest answer is the work here will never be done. There will always be bad people that try and break through the system and the safety. And so the work here will never be done. But what the Commissioner is talking about there are one of the things that Ministers are focused on and looking at right now.

    JOURNALIST: So will the Government make nationally harmonised working with children checks a priority? So those were recommended in 2015. How complicated will they be to enact, and why hasn’t it been done yet?

    CLARE: Similar answer to the one I gave just a moment ago. And the Attorney-General will be able to speak to that in more detail. But this is one of the things that Attorneys are looking at when they meet next month. They’re looking at what you described as harmonisation or mutual recognition, the sharing of information across borders, but also potentially near real-time updates to working with children checks, where criminal record checks or criminal records change. There’s a big piece of work that’s going on nationally with all the states and territories here. But as you rightly point out, the work can’t happen soon enough.

    JOURNALIST: Would you support the introduction of mandatory CCTV in child care centres?

    CLARE: CCTV itself was the subject of a recommendation by Chris Wheeler in his report that was handed down on Thursday. And that recommendation was about installing CCTV in centres where there has been previous breaches, where there is concern by the regulator about safety and quality in those centres. The New South Wales Government has given in-principle support for that recommendation. The Victorian Government I think, will have more to say about that today. And this is one of the things that Ministers are looking at across the board as we develop nationwide reforms. That’s different, though, to the question you asked about making it mandatory. The advice from experts at the moment is targeted based on centres which have demonstrated that they’re not up to scratch.

    JOURNALIST: The Victorian Greens have been calling for a royal commission into the sector. Do you – would you support that?

    CLARE: We’ve had a royal commission. We’ve got the recommendations. After Australia’s worst paedophile was arrested and convicted in Queensland just over two years ago, I commissioned a review into child safety. We’ve got those recommendations as well. Now we’ve got the Wheeler Report. We’ll get more evidence and more information out of what the Victorian Government is announcing today. We know what we need to do. It’s how we do it and how we pull all of that together and get the whole country acting as one.

    Okay, thanks very much, everybody.
     

    MIL OSI News

  • MIL-Evening Report: Parents are feeling anxious about men in childcare centres. Stronger rules would make everyone feel safer

    Source: The Conversation (Au and NZ) – By Martyn Mills-Bayne, Senior Lecturer in Early Childhood Education, University of South Australia

    Getty Images

    Horrific allegations of child sexual abuse in childcare centres across Melbourne have put the role of men in early childhood education back in the spotlight.

    Coming after other major media reports of child mistreatment in care, many parents are feeling very anxious about the safety of their children.

    Some may be deeply suspicious of men working so closely with children. That caution is totally justified.

    But there are many innocent, well-intentioned and caring men working in centres across the country. They’re playing a vital role in a sector already plagued by well-documented staff shortages.

    Driving them out of the workforce would be a mistake for the sector, for parents and for children.




    Read more:
    Parents of kids in daycare are terrified following Melbourne abuse allegations. What can they do?


    Hyper-viligant behaviour

    Men are still a rarity in childcare centres nationally.

    The latest workforce data show about 8% of early childhood educators are male, though that statistic could include men who don’t work with children directly.

    We don’t know precisely how many early childhood educators are male, but best estimates are somewhere between 2–4% of the total workforce.

    Given there are so few of them, male educators often report being hyper-vigilant about how they do their jobs.

    I was once an early childhood teacher myself. Now in my academic research, I’ve spent almost 20 years mentoring men in the sector, including close to 100 male students coming through initial teacher education programs.

    They are extremely aware of protecting children and themselves. They talk about trying to make sure they’re never alone with children and use distancing strategies to keep themselves safe and in full view of colleagues and parents.

    If they’re changing nappies, they do so in open spaces, where others can see them. If a child is hurt or needs support, they often think twice about the most appropriate way to provide it.

    The men I hear from feel they are surveilled and monitored more closely than their female colleagues. Male educators must use a heightened degree of caution in their day-to-day caring work due to broad (largely unspoken) suspicions of sexual misconduct. This is an inherent part of being a male early childhood educator.

    There’s been no research done to determine whether men are watched more closely than women, but regardless, most don’t begrudge it. They fear ever harming a child, and would rather the extra supervision, perceived or real, to make everyone feel safer.

    Leaving the sector

    But early childhood education has an issue with worker attrition.

    This is especially concerning as pre-school for three-year-olds is rolled out in South Australia, Victoria and the ACT, increasing the demand for staff and pressure on services to meet staff ratios and keep children safe.

    Against this backdrop, it’s crucial we stem the tide of workers leaving the sector, including men.

    Unfortunately, men are often the first to leave, especially after cases of sexual abuse at other centres.

    In New Zealand, Peter Ellis was jailed in the 1990s for child sexual abuse in a creche, though his conviction was overturned posthumously in 2022.




    Read more:
    What are working with children checks? Why aren’t they keeping kids safe at daycare?


    The high profile case had long lasting negative impacts. Less than 1% of the childcare workforce in the country are men – one of the lowest participation rates in the world.

    Parental and societal concerns around the risk of abuse have a profound impact on retaining and attracting more male educators in early childhood education.

    This is also true at the student level. Typically, I see very few men enrol to study early childhood education (about four in a cohort of 150), but only about half that graduate. Many of these potential early childhood teachers drop their studies or move into primary teaching programs after they experience a sense of distrust during their professional placements in childcare.

    Keeping children safer

    Children who are abused experience lifelong trauma. Keeping them safe at all times should be the number one priority of educators and society at large.

    The Melbourne case has left many parents rightly cautious and feeling uncertain about leaving their children in the care of men. We may well see less interest from centres in employing men, as has happened after similar cases in the past.

    This would build on existing suspicions parents have of male educators.

    There’s no easy answer to this. But there are some things that may make early education safer.

    The first is to strengthen working with children screening checks, something the Victorian government has already flagged it will do.

    Victorian Premier Jacinta Allan has also announced a statewide register of childcare workers to introduce “an extra layer of checks and balances”.

    Another is to ensure no educator, regardless of gender, is ever alone with a child. Though this may be challenging to achieve within tight staffing levels, it’s needed to prevent future abuse.

    The Royal Commission into Institutional Responses to Child Sexual Abuse highlighted the need to make sure the physical environment minimises opportunity for abuse to occur. This includes glass walls around toilet and nappy change areas and no blind spots in centres.

    And finally, for parents to be scared and angry about this is to be human. But it’s also important to remember many men are doing the right thing, and male educators in the sector are also angry and concerned about this.

    Better processes and regulations would help restore confidence in parents that their children are safe in a man’s care. But it would also help male educators, who can do their work safe in the knowledge they’ve passed a robust set of requirements to get there.


    The Victorian government has set up a dedicated website and advice line for parents whose children may have been involved in the alleged offences.

    If this article has raised issues for you, or if you’re concerned about someone you know, you can call 1800 Respect on 1800 737 732, Lifeline on 131 114, Kids Helpline on 1800 55 1800, or Bravehearts (counselling and support for survivors of child sexual abuse) on 1800 272 831.

    Martyn Mills-Bayne does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Parents are feeling anxious about men in childcare centres. Stronger rules would make everyone feel safer – https://theconversation.com/parents-are-feeling-anxious-about-men-in-childcare-centres-stronger-rules-would-make-everyone-feel-safer-260282

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: NR7 Miner Unveils AI-Driven XRP Cloud Mining for Passive Income: A Sustainable, Multi-Asset Solution for Global Investors

    Source: GlobeNewswire (MIL-OSI)

    Norfolk, UK, July 02, 2025 (GLOBE NEWSWIRE) — As the demand for sustainable income in the crypto market grows, NR7 Miner has announced the launch of its upgraded AI-driven cloud mining platform, centered around XRP and other major cryptocurrencies. This new rollout empowers users to earn passive income daily, with zero technical setup, 100% clean energy, and an intelligent mining engine that automatically shifts power to the most profitable digital assets.

    The platform supports multi-asset mining, allowing users to mine XRP, BTC, DOGE, ETH, LTC, and SOL with a single deposit. Whether you’re a beginner or a seasoned investor, NR7 Miner’s AI-enhanced model makes crypto mining as easy as signing up and choosing a plan, no mining rigs, noise, or maintenance required.

    Why NR7 Miner’s AI-Powered Mining Is the Future of Passive Crypto Income

    Unlike static cloud mining contracts that lock users into one coin or fixed terms, NR7 Miner’s intelligent engine uses real-time data to reallocate mining power across multiple assets. This ensures users always mine the most rewarding coins based on market price, mining difficulty, and energy efficiency.

    “We built NR7 Miner to give anyone, anywhere in the world, a smarter, cleaner, and more stable way to earn passive crypto income,” said the company’s CEO.

    “By combining multi-coin mining with renewable energy and AI-powered optimization, we’re opening the door to sustainable wealth generation.”

    Key Features of NR7 Miner’s New Platform:

    Multi-Asset Mining, Earn across XRP, BTC, DOGE, ETH, LTC, and SOL with one deposit

    AI Optimization Engine, adjusts power in real time based on market profitability

    Eco-Friendly Infrastructure, 100% powered by solar, wind, geothermal, and hydrogen

    Beginner-Friendly, start mining with as little as $10 and get a $12 welcome bonus

    Daily Rewards, Profits are automatically deposited and available for withdrawal

    No Hardware Needed, completely cloud-based; no tech skills required.

    Passive Income Aligned with Market Momentum:

    The launch of NR7 Miner’s XRP-focused mining comes at a time when market optimism around XRP continues to build. Following key regulatory developments and speculation of a future XRP ETF, crypto investors are seeking low-risk ways to gain exposure to the asset, without the volatility of direct trading.

    “This isn’t just mining, it’s smart wealth building,” said NR7 Miner’s Chief Market Strategist.

    “Our users don’t need to worry about the market swings. Our platform adjusts automatically, so they’re always positioned for the best possible return.”

    Mining Contracts:

    $100 Plan – 2-Days Term – Earn ~$3.5 per day

    $500 Plan – 5-Days Term – Earn ~$6.25 per day

    $1200 Plan – 10-Days Term – Earn ~$15.96 per day

    $3,000 Plan – 20-Days Term – Earn ~$42.3 per day

    $5,000 Plan – 30-Days Term – Earn ~$76 per day

    $8,000 Plan – 40-Days Term – Earn ~$130.4 per day

    $25,000 Plan – 50-Days Term – Earn ~$455 per day

    $50,000 Plan – 45-Days Term – Earn ~$990 per day

    $100,000 Plan – 45-Days Term – Earn ~$2100 per day

    $150’000 Plan – 30-Days Term – Earn ~$3675 per day

    Each plan offers guaranteed daily payouts, with the full principal returned upon maturity. Users can withdraw their profits at any time during the term.

    Global Reach Backed by Green Energy:

    Founded in 2020 and based in the UK, NR7 Miner now powers more than 100 cloud mining farms using 100% renewable energy. With over 8 million users across 100+ countries, the company’s platform is trusted by individuals, institutions, and crypto newcomers alike. Its affiliate program offers rewards up to $25,000, and customer support is available 24/7 in multiple languages.

    Get Started in 3 Easy Steps:

    Sign Up: Create your account and claim a $12 bonus

    Choose a Plan: Select your preferred contract and tern

    Start Earning: Let NR7 Miner’s AI engine mine on your behalf, automatically

    About NR7 Miner:

    NR7 Miner is a global leader in AI-powered, eco-friendly cloud mining solutions. The company enables users to mine XRP, BTC, DOGE, ETH, LTC, and SOL without the need for technical expertise or expensive equipment. With a focus on transparency, sustainability, and passive income generation, NR7 Miner helps users around the world unlock crypto profits the smart way.

    Website: https://nr7miner.com

    Email: info@nr7miner.com

    Attachment

    The MIL Network

  • MIL-OSI: NR7 Miner Unveils AI-Driven XRP Cloud Mining for Passive Income: A Sustainable, Multi-Asset Solution for Global Investors

    Source: GlobeNewswire (MIL-OSI)

    Norfolk, UK, July 02, 2025 (GLOBE NEWSWIRE) — As the demand for sustainable income in the crypto market grows, NR7 Miner has announced the launch of its upgraded AI-driven cloud mining platform, centered around XRP and other major cryptocurrencies. This new rollout empowers users to earn passive income daily, with zero technical setup, 100% clean energy, and an intelligent mining engine that automatically shifts power to the most profitable digital assets.

    The platform supports multi-asset mining, allowing users to mine XRP, BTC, DOGE, ETH, LTC, and SOL with a single deposit. Whether you’re a beginner or a seasoned investor, NR7 Miner’s AI-enhanced model makes crypto mining as easy as signing up and choosing a plan, no mining rigs, noise, or maintenance required.

    Why NR7 Miner’s AI-Powered Mining Is the Future of Passive Crypto Income

    Unlike static cloud mining contracts that lock users into one coin or fixed terms, NR7 Miner’s intelligent engine uses real-time data to reallocate mining power across multiple assets. This ensures users always mine the most rewarding coins based on market price, mining difficulty, and energy efficiency.

    “We built NR7 Miner to give anyone, anywhere in the world, a smarter, cleaner, and more stable way to earn passive crypto income,” said the company’s CEO.

    “By combining multi-coin mining with renewable energy and AI-powered optimization, we’re opening the door to sustainable wealth generation.”

    Key Features of NR7 Miner’s New Platform:

    Multi-Asset Mining, Earn across XRP, BTC, DOGE, ETH, LTC, and SOL with one deposit

    AI Optimization Engine, adjusts power in real time based on market profitability

    Eco-Friendly Infrastructure, 100% powered by solar, wind, geothermal, and hydrogen

    Beginner-Friendly, start mining with as little as $10 and get a $12 welcome bonus

    Daily Rewards, Profits are automatically deposited and available for withdrawal

    No Hardware Needed, completely cloud-based; no tech skills required.

    Passive Income Aligned with Market Momentum:

    The launch of NR7 Miner’s XRP-focused mining comes at a time when market optimism around XRP continues to build. Following key regulatory developments and speculation of a future XRP ETF, crypto investors are seeking low-risk ways to gain exposure to the asset, without the volatility of direct trading.

    “This isn’t just mining, it’s smart wealth building,” said NR7 Miner’s Chief Market Strategist.

    “Our users don’t need to worry about the market swings. Our platform adjusts automatically, so they’re always positioned for the best possible return.”

    Mining Contracts:

    $100 Plan – 2-Days Term – Earn ~$3.5 per day

    $500 Plan – 5-Days Term – Earn ~$6.25 per day

    $1200 Plan – 10-Days Term – Earn ~$15.96 per day

    $3,000 Plan – 20-Days Term – Earn ~$42.3 per day

    $5,000 Plan – 30-Days Term – Earn ~$76 per day

    $8,000 Plan – 40-Days Term – Earn ~$130.4 per day

    $25,000 Plan – 50-Days Term – Earn ~$455 per day

    $50,000 Plan – 45-Days Term – Earn ~$990 per day

    $100,000 Plan – 45-Days Term – Earn ~$2100 per day

    $150’000 Plan – 30-Days Term – Earn ~$3675 per day

    Each plan offers guaranteed daily payouts, with the full principal returned upon maturity. Users can withdraw their profits at any time during the term.

    Global Reach Backed by Green Energy:

    Founded in 2020 and based in the UK, NR7 Miner now powers more than 100 cloud mining farms using 100% renewable energy. With over 8 million users across 100+ countries, the company’s platform is trusted by individuals, institutions, and crypto newcomers alike. Its affiliate program offers rewards up to $25,000, and customer support is available 24/7 in multiple languages.

    Get Started in 3 Easy Steps:

    Sign Up: Create your account and claim a $12 bonus

    Choose a Plan: Select your preferred contract and tern

    Start Earning: Let NR7 Miner’s AI engine mine on your behalf, automatically

    About NR7 Miner:

    NR7 Miner is a global leader in AI-powered, eco-friendly cloud mining solutions. The company enables users to mine XRP, BTC, DOGE, ETH, LTC, and SOL without the need for technical expertise or expensive equipment. With a focus on transparency, sustainability, and passive income generation, NR7 Miner helps users around the world unlock crypto profits the smart way.

    Website: https://nr7miner.com

    Email: info@nr7miner.com

    Attachment

    The MIL Network

  • Indian stock market opens higher, IT stocks shine

    Source: Government of India

    Source: Government of India (4)

    The Indian benchmark indices opened higher on Wednesday amid positive global cues, with buying seen in the IT and auto sectors during early trade.

    At around 9:23 am, the Sensex was trading 225.5 points or 0.27 per cent higher at 83,922.79, while the Nifty added 58.75 points or 0.23 per cent to reach 25,600.55.

    According to analysts, after breaking out of the 24,500–25,000 range, the Nifty has moved into a new range of 25,200–25,800.

    Positive news about a possible trade deal between India and the US could help the index break the upper limit of this range, but sustaining the Nifty at higher levels may prove challenging, they added.

    Nifty Bank was down 45.20 points or 0.08 per cent at 57,414.25 in early trade. The Nifty Midcap 100 index was trading at 59,809.25 after gaining 59.20 points or 0.25 per cent. The Nifty Smallcap 100 index was at 19,082.10 after rising 26.40 points or 0.14 per cent.

    “The charts of Bank Nifty indicate that it may find support at 57,300, followed by 57,000 and 56,800. If the index advances further, 57,650 would be the initial key resistance, followed by 57,800 and 58,000,” said Hardik Matalia, Derivatives Analyst at Choice Broking.

    In the Sensex pack, Infosys, Tech Mahindra, ICICI Bank, TCS, Tata Steel, Bharti Airtel, HCL Tech and Adani Ports were the top gainers. Asian Paints, HDFC Bank, BEL and Eternal were among the top losers.

    Foreign institutional investors (FIIs) extended their selling on July 1, offloading equities worth Rs 1,970.14 crore, while domestic institutional investors (DIIs) continued their buying, purchasing equities worth Rs 771.08 crore on the same day.

    In Asian markets, Bangkok, China, Japan, Seoul and Jakarta were trading in the red, while only Hong Kong was trading in the green.

    In the previous trading session, the Dow Jones in the US closed at 44,494.94, up 400.17 points or 0.91 per cent. The S&P 500 ended with a loss of 6.90 points or 0.11 per cent at 6,198.05, while the Nasdaq closed at 20,202.89, down 166.85 points or 0.82 per cent.

    –IANS

  • MIL-OSI Russia: Territory of reasonable decisions: how Muscovites are helped to improve their financial literacy

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The popularity of educational projects on financial literacy is growing in the capital. Master classes, games, quizzes, film lectures and other interactive activities help city residents of all ages understand financial issues. The events are held by the capital’s Department of Finance together with the financial literacy center and partners.

    “We talk to Muscovites about finances where it is convenient for them and in a way that interests them: in schools and universities, libraries, festivals and parks. In 2024 alone, over 560 events of various formats were held in the capital. And this year there will be even more. It is important that Muscovites receive not only new knowledge, but also practical skills: they learn to handle money wisely and make thoughtful financial decisions,” she noted.

    Elena Zyabbarova, Minister of the Moscow Government, head of the capital’s Department of Finance.

    The meetings go beyond the usual spaces and are already becoming part of the urban environment. Thus, this summer, financial literacy days were held at the Northern and Southern river terminals – these are new city platforms for such conversations.

    Another major event is Festival of financial literacy and entrepreneurial culture in Moscow. It has been held since 2017 by the capital’s departments of finance, education and science, as well as the Bank of Russia, and has become a traditional city educational event for city residents of all ages who want to improve their level of financial literacy and learn the basics of entrepreneurship. Last year, the festival lasted a whole week and covered more than 200 sites, including the Moscow Center for Education Quality, schools, colleges, universities, Moscow Longevity Centers, My Work and My Career employment centers, libraries and the Digital Business Space. More than 500 thousand people took part in online and offline events. This coming autumn, the festival will return with a rich program.

    Classes to improve financial literacy are integrated into major events and festivals, including Biblionight, Night at the Museum, and Red Square. Most often, city residents are interested in how to avoid being scammed, invest, and plan their personal budget.

    Modern formats make such events more lively and exciting. In 2024, a financial stand-up and a VR simulator appeared, with the help of which you can practice your personal finance management skills.

    Financial Literacy in Libraries

    For more than two years now, thematic meetings have been held for residents of the capital near their homes. As part of the project “ABCs of Financial Literacy”, which covers all age groups, lectures, business games, film lectures and other events are organized in Moscow libraries.

    City residents discuss familiar life situations with experts, including how to plan a family budget, what to consider when applying for a loan, and how not to become a victim of fraudsters. Event announcements can be found on social networks and city library websites.

    Name for the project Muscovites themselves chose. More than 170 thousand people took part in the voting on the Active Citizen platform.

    Financial Literacy in Film

    One of the most original formats is film lectures in Moscow cinemas. This is an unusual way to involve city residents in managing their personal finances, even if they have not been seriously interested in this before.

    Together with experts, viewers watch famous Soviet and Russian films, including “Courier”, “Moneychangers”, “Russian Money”, “Domovoy”, “Family Budget”. And then they analyze the behavior of the characters from the point of view of financial literacy: what went wrong, and could it have been done differently?

    Soviet films raise topics that remain relevant today, they are simply presented through the prism of modern realities. For example, the film “Beware of the Car” raises questions about car insurance.

    The project is being implemented with the support of the Moskino cinema chain and Department of Culture of Moscow.

    Financial Literacy at Work

    The rhythm of the metropolis does not always leave time for self-education, so a project for financial education of employees of work collectives has appeared in Moscow. Organizations can invite experts to conduct lectures and master classes directly at workplaces – offline or online. All events are free, and the topic can be chosen depending on the request of employees.

    The focus is most often on cybersecurity, personal budget management, consumer protection, investment basics, taxation and lending. Listeners can choose from interactive lectures, master classes, financial quizzes and case studies.

    You can determine the topic, format and time of classes, as well as sign up for the waiting list by link.

    Financial Literacy for Children and Youth

    The upbringing of a financially literate person begins at an early age. Thematic classes and events with elements of financial literacy are organized by Department of Education and Science of the City of MoscowIn addition, children can take part in Olympiads and quizzes, quizzes and quests, meet with representatives of large Russian companies and attend lessons taught by representatives of the Federal Financial Monitoring Service (Rosfinmonitoring).

    The capital’s Department of Finance is implementing several projects on financial literacy for children and young people. Kindergartens regularly host events for preschoolers, schools host open lessons on financial and budget literacy, and children’s city camps host interactive classes during the holidays. Starting this year, they can be visited not only in the summer, but also in the spring and fall. Primary school students will learn about the origin of funds, rules for financial security and rational purchases, and will also create a model of their bank card and take part in a quiz.

    Experts can also be invited to colleges and universities. Heads of educational institutions choose what will really interest students, including quizzes, educational lectures or cartoons on financial topics. Questions related to budget planning, the history of money, financial security and lending remain popular with young people. You can send an application to link.

    Separate tracks for children’s audiences were also provided at citywide events. While adults listen to lectures on smart family budget planning, children can play the tactile game “Guess What?”, analyze the financial behavior of popular cartoon characters, or take part in the quiz “Secrets of Financial Security.”

    Financial Literacy for the Older Generation

    Older city residents actively participate in educational events with experts, which take place in Moscow longevity centers, libraries and other venues, as well as at major festivals. Muscovites of the “silver” age learn how to make purchases on the Internet, protect personal data and avoid spontaneous spending.

    Experts also talk about aspects of inheritance law in Russia, forms of wills and the specifics of drafting them. It is important that listeners can get answers to their questions on the spot and analyze their personal financial situations.

    In addition, the Moscow Longevity project offers regular classes on financial and legal literacy. The course programs are designed to take into account the interests of the older audience. You can find out more at the Moscow Longevity Centers and on the portal Mos.ru.

    Financial Literacy for People with Disabilities

    Special attention is paid to financial education of citizens with disabilities. Muscovites with visual impairments will be able to attend lectures at the Russian State Library for the Blind and listen to educational programs recorded by the Department of Finance on Internet radio. People with hearing impairments have the opportunity to access educational videos with sign language interpretation. This allows us to cover all segments of the population and create a truly inclusive educational environment.

    Tax deductions and banking products: Moscow launches financial literacy project for the visually impairedMoscow projects to improve financial literacy are recognized as the best in Russia

    Financial literacy in new formats

    Technology is an important component of educational formats. In 2024, an updated version of the financial checkup was presented – an online test that helps assess your knowledge. More than 4.3 thousand people took it. This can be done at any time by linkBy answering a few questions, everyone will find out their level of financial literacy and receive personal recommendations and links to useful materials for further self-education.

    The VR simulator is no less popular. Participants get the opportunity to immerse themselves in a virtual space, where they try themselves in the role of a tax consultant or bank employee and make important decisions on loans and tax deductions. You can practice budget management skills at the events of the Department of Finance.

    Economically active Muscovites have a high level of financial literacy

    Financial Literacy Online

    Those who prefer to study remotely can also easily find the necessary information. Useful materials, event announcements and links are published on the portal “Open Budget of the City of Moscow” and in the same name telegram channel.

    Budget literacy

    Budget literacy projects are also being developed in Moscow. One example is the “Budget for Citizens” competition. The participants are mainly schoolchildren and students. They make guidebooks, draw comics, brochures and posters, develop educational websites, create educational videos and cartoons, and come up with business, board and computer games.

    The organizers analyze the competition entries and try to take into account useful suggestions. The most interesting ideas are implemented in educational projects. Department of FinanceThe works of the winners of the capital competition are also highly valued at the federal level.

    Get the latest news quickly official telegram channelthe city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/156131073/

    MIL OSI Russia News