Category: Technology

  • MIL-OSI Russia: Tip of the Iceberg: Innovations and Technologies of the Tower at MIEM Tech

    Translation. Region: Russian Federal

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

    At the end of May, the festival of technological presentations MIEM Tech Day was held in the atrium of the HSE building on Pokrovsky Boulevard. The event brought together the main educational, research and project tracks Moscow Institute of Electronics and Mathematics named after A.N. Tikhonov (MIEM) HSE, carried out in close cooperation with partners – leading companies, research and financial organizations of Russia.

    Engineers at the forefront of science

    On this day, the festival guests were treated to an extensive program: a Technoshow from the MIEM project block, a demo Engineering and Mathematical School HSE and VK, consultations on all educational programs of the institute, presentations and stands of partner companies, quizzes, competitions, numerous interactive zones from the festival organizers, companies, student organizations.

    The event was attended by students and teachers from HSE and other universities, representatives of MIEM partner companies, IT experts, and schoolchildren.

    In their greetings during the short opening ceremony of MIEM Tech Day, the speakers noted the importance of the engineering direction in shaping the modern portrait of the university.

    “The Higher School of Economics is a classical university, we have a wide range of areas, including engineering, which is so relevant today,” said Irina Martusevich, Vice-Rector of the National Research University Higher School of Economics. “MIEM is the heart of engineering at HSE. The university is at the forefront of scientific thought. This is also due to MIEM.”

    The general partner of the event was VK.

    “For MIEM, cooperation with leading representatives of the industry and business is, first and foremost, a growth point,” emphasized Dmitry Kovalenko, Vice-Rector of HSE and Director of MIEM. “We understand that we will not be able to reach a new level in education and research without our partners, both internal, representing HSE departments and campuses, and external, including VK, the Bank of Russia, the Element Group of Companies, MTS, InfoWatch, EkoNiva, MCST and others. The list is constantly expanding. Today, there are many companies that want to move into a new history, to a new stage of development, together with MIEM.”

    Showcase of achievements

    A striking example of the established unique joint project-based educational model is the Engineering and Mathematical School of the National Research University Higher School of Economics and VK. The annual demo of the school took place on the main stage of the festival.

    “Universities provide a solid academic base, our task is to bring in a practical component by attracting experts, interacting with students, providing cases and the opportunity to work on real projects,” says Georgy Shchelkanov, Director of University Relations at VK. “For three years now, VK, together with the National Research University Higher School of Economics, has been implementing an advanced format of project laboratories: today, students of the IMS workshops are engaged not only in educational projects, but also in applied scientific research and development. This experience allows students to develop key skills and build a career in technology.”

    Three workshops, six speakers and hundreds of listeners — the participants presented the final projects prepared during the training. For the first time, the demo was held in an open format; usually such presentations are held only among workshop participants.

    “We are holding a demo of the HSE IMS and VK in an expanded format. Last year it took place in the chamber atmosphere of St. Petersburg, and now we have gathered in the atrium on Pokrovka,” explained Fyodor Ivanov, director Center for the organization of work on the project “Advanced Engineering and Mathematical School” HSE University. — I am glad that this event took place. For the workshop participants, studying at IMS is an opportunity to touch real projects, to try themselves in a place where the future of the IT industry is being created. In addition, we invited IMS graduates working at VK to the demo. They shared their experience of building a career track with the audience. As a result, it was a great event, in which there was a lot of communication and exchange of experience, professional and career.”

    Among the presented student developments are MLSecOps tools for analyzing vulnerabilities of machine learning models, as well as a system for monitoring the security of ML models and datasets using deduplication.

    In the field of speech synthesis, a model for assessing TTS metrics was presented, replacing human expertise with synthetic data, and a zero-shot TTS project with a Russian-language dataset. Attacks on multimodal vision-language models were also investigated, and Russian-language benchmarks were developed to assess their quality.

    The main space of the atrium hosted the showroom of the project Technoshow, an annual exhibition of the best project developments by MIEM students. This year, Technoshow was held for the seventh time, but for the first time in the atrium of the main building of the HSE. A total of 60 products of project activity, implemented in close cooperation with MIEM partners, were presented.

    Innovations, projects, developments

    An important feature of MIEM projects is their practical orientation and the use of modern technological and innovative solutions.

    “The IT industry is constantly being replenished with new technologies, this is a continuous process,” noted Ilya Semichasnov, head of Project Development Management Center MIEM. – Now, for example, no one is surprised by LLM programs that talk like a real person, but literally two years ago it was wow. Even if our students demonstrate something that already exists on the market in their developments, under the hood there will still be some innovation, a student invention.”

    All student projects presented at the Technoshow were implemented within the framework of the unique project model operating at MIEM, focused on close interaction with the institute’s partners and the reproduction of working models and mechanics used in the work of project teams in leading IT companies. The exhibition featured partner projects with VK, the Bank of Russia, Element Group, InfoWatch Group, EkoNiva and other companies. In many ways, it is this advantage of the project environment at MIEM that allows large technology companies not only to apply their own educational practices when implementing joint projects with MIEM, but also to consider the institute as an experimental platform for testing new models of project-educational cooperation with universities.

    “Our group of companies is currently a leader in the microelectronics industry, and we recognize our significant social responsibility, the need for the entire industry to develop methods for training personnel,” said Nail Vyalshin, head of education at Element Group. “In this sense, MIEM is of great importance to us: we plan to use it as a basis for building such an innovative mechanism for implementing our educational programs, including network programs, when the institute houses the head center of expertise and competencies. We plan to further broadcast this new model in the field of higher education in microelectronics when implementing educational programs at other universities.”

    The key areas of project presentations were defined: a digital university with innovative educational solutions, games and interactive applications with a focus on game design, robots and gadgets with autonomous technologies, industrial technologies for production automation, business solutions and startups based on artificial intelligence, information security solutions (from antifraud to AI protection), medical technologies for improving diagnostics, space with satellite systems, video technologies using AI, as well as clusters of projects from the joint Engineering and Mathematics School of the Higher School of Economics and VK and the MIEM Student Design Bureau with applied hardware and software projects, Center for Software Development and Digital Services with IT and IB services. As a result, MIEM’s design developments filled the entire space of the largest HSE site.

    “This is the first time that MIEM has presented itself so widely at Pokrovka,” said Veronika Prokhorova, Deputy Director of MIEM HSE. “It’s great that there are so many interested parties today. Students, teachers, and staff come up to us, ask questions, and are interested. For us, Technoshow and MIEM Tech Day are the tip of the iceberg. Today, we have gathered here the very best of what we do throughout the year. We are finally bringing it to the public and saying, ‘Guys, take a look and rejoice with us. We are great.’”

    Most of the developments presented at Technoshow are of an applied nature. Evgeny Kruk, scientific director of MIEM, notes the importance of applied sciences for introducing students to scientific research activities: “Our projects have a lot of applied science, and this is the right track for students focused on research work. A project is an entry into applied science, and applied science is the entry into fundamental science. And there is a gigantic field for discoveries.”

    The festival partners shared their impressions of the joint projects presented at Technoshow.

    “Today, milk production and agriculture in general are no longer just a plough and shovels, they are artificial intelligence, they are cutting-edge technologies that need to be implemented. In this regard, cooperation with the Higher School of Economics is a priority for us,” shared Anastasia Ornova, manager for work with the personnel reserve of the EkoNiva agricultural holding. “We have several joint projects. For example, a project on soybean phenotyping, the purpose of which is to conduct research in the field. Another project is aimed at analyzing logistics in the supply of raw milk from the agro-complex to the plant. In the near future, we are planning to hold the first joint hackathon with the National Research University Higher School of Economics.”

    “The event featured student projects, including those prepared by master’s students of the joint program with the Bank of Russia, “Information Security in the Credit and Financial Sphere,” says Elena Stavitskaya, consultant of the Department of Financial Cyber Literacy and Educational Initiatives of the Department of Methodology and Standardization of Information Security and Cyber Resilience of the Information Security Department of the Bank of Russia. “Some of the work is theoretical in nature, while others were presented in the form of implemented applied models. I would like to note the seriousness, depth, and, undoubtedly, practical nature of the projects, their focus on solving socially significant problems.”

    Thus, a joint project with the Information Security Department of the Bank of Russia offered everyone who wanted to deceive (almost always unsuccessfully) the protected algorithm of biometric identification by photo created at MIEM. Another project with the Bank of Russia presented a method for comparing countries by the level of fraud pressure, allowing to evaluate the success of the work of the structures interested in this.

    The festival also included an informal open day at MIEM HSE, as all of MIEM’s bachelor’s, specialist’s and master’s degree programs were presented in a separate area.

    In addition, the festival guests were treated not only to a scientific and educational program, but also to a variety of entertainment activities for relaxation and communication, including bingo with the opportunity to win merch from MIEM and IMS, areas for bead weaving and playing chess, as well as an area with anti-stress coloring books.

    The guests were also greatly interested in the stands and activities of partner companies and MIEM student communities – the MIEM Student Scientific and Technical Society and the MIEM Student Design Bureau.

    “MIEM Tech Day is not only an exhibition of the best technological products, but also a platform for exchanging experience,” emphasized Karina Lebedeva, consultant of the financial market training department of the Department for the Development of New Technologies in Education of the Bank of Russia. “In addition to student projects, the event featured presentations of the best cases of MIEM HSE partners. The stands of partners deserve special attention, where a large number of necessary handouts were presented. Thank you for the high level of organization of the event and the opportunity to literally touch student developments.”

    As a result, the day was filled with an atmosphere of friendly professional communication among all participants of the event – students, professionals, and those simply interested in the development of modern technologies and IT engineering.

    “What is MIEM Tech Day for me? First of all, it is people, student communities, teams, those who create the atmosphere of the event. Secondly, it is innovation, and thirdly, it is fun, because it is really fun here, it is fun to look at it, it is fun to touch it all. This is a very cool event! Finally, it is the team that organized this wonderful holiday,” concluded Ilya Semichasnov.

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

    MIL OSI Russia News

  • MIL-OSI Africa: Mining in Motion Outlines Strategies for Formalizing Ghana’s Artisanal and Small-scale Gold Mining (ASGM) Sector

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

    ACCRA, Ghana, June 4, 2025/APO Group/ —

    Industry leaders at the Mining in Motion 2025 summit spotlighted Ghana’s ongoing efforts to formalize its artisanal and small-scale gold mining (ASGM) sector.

    Participants on an India Gold Metaverse-sponsored session – titled Case Studies in ASGM Formalization: Learning from Successes and Addressing Challenges – emphasized that formalization has the potential to catalyze sustainability, build stronger communities and drive long-term economic growth.

    “We need regulatory and legislative changes that support small-scale miners and ensure that revenue from their contributions translates into real economic, social and communal growth,” stated Martin Ayisi, CEO of the Minerals Commission of Ghana.

    Ayisi called for bold regulatory and financial interventions in the sector, stressing the urgent need for investment in geological investigations and sustainable technologies to prevent encroachment on protected areas and improve sector-wide outcomes.

    From an regional perspective, Cisse Vakaba, Advisor to the President on Mining, Ivory Coast, emphasized the foundational role of geology in building a viable ASGM sector. He stressed that state support must go beyond issuing permits to include geological surveys, professional training, community engagement and digital tools for traceability.

    “I really think that the basis for small mines is the geological aspect. This is the aspect where we have to work, to see the areas where they can exploit,” Vakaba stated, adding, “The State must provide support. It’s not enough to issue a title, a permit. We need to support prospecting and geological research.”

    Meanwhile, Melissa Correa Vélez, Program Manager, Swiss Better Gold, highlighted the human-centered approach necessary to make formalization efforts successful. Velez – through Swiss Better Gold’s Boots on the Ground initiative – advocates for programs, including technical support and community-oriented training, that extend beyond legal structures to genuinely improve livelihoods and environmental stewardship.

    “If you want to work with artisanal miners, work with them. Keep the miners interested in being responsible. If the miners lose interest because of the challenges, they will become illegal,” Velez stated.

    For his part, Kwaku Afrifa Nsiah-Asare, Lawyer and Entrepreneur, Typhoon Greenfield Development, emphasized that government support will be a requisite for ASGM formalization in Ghana, speaking candidly on social and financial challenges in the sector.

    “By doing everything properly, the Minerals Commission of Ghana has been extremely supportive and made it worthwhile for us to do business. It’s about partnerships and leadership in government,” Nsiah-Asare stated.

    Bringing a tech-forward perspective, Lamon Rutten, Managing Director and CEO of India Gold Metaverse, spoke to the transformative potential of digital innovation in the ASGM value chain.

    “Blockchain technologies and AI can help improve artisanal and small-scale mining operations. Tools like geo-tracking, radio-frequency identification-equipped machinery and internet-of-things devices allow us to trace ore sources. If you really want to develop small-scale mining, work with local banks. Let them understand the sector and they will help drive sustainable growth,” Rutten said.

    During the presentation, the panelists agreed that projects including the Ghana Land Restoration and Small-Scale Mining Project – a joint initiative with the World Bank – are setting a precedent. By offering financial and technical support, simplifying license through District Mining Committees, and organizing miners into Community Mining Schemes, Ghana is building an ASGM sector that is increasingly legal, sustainable and community driven.

    Organized by the Ashanti Green Initiative – led by Oheneba Kwaku Duah, Prince of Ghana’s Ashanti Kingdom – in collaboration with Ghana’s Ministry of Lands and Natural Resources, World Bank, and the World Gold Council, with the support of Ghana’s Ministry of Lands and Natural Resources, the summit offers unparalleled opportunities to connect with industry leaders.

    MIL OSI Africa

  • MIL-OSI United Nations: Major General Diodato Abagnara of Italy – Head of Mission and Force Commander of the United Nations Interim Force in Lebanon (UNIFIL)

    Source: United Nations MIL-OSI 2

    nited Nations Secretary-General António Guterres announced today the appointment of Major General Diodato Abagnara of Italy as Head of Mission and Force Commander of the United Nations Interim Force in Lebanon (UNIFIL).

    Major General Abagnara succeeds Lieutenant General Aroldo Lázaro Sáenz of Spain.  The Secretary-General extends his sincere gratitude to Lieutenant General Aroldo Lázaro Sáenz for his dedication and leadership of UNIFIL during one of the mission’s most challenging periods.

    Major General Abagnara brings to the position over 36 years of military service, including extensive leadership roles within the Italian Armed Forces.  Most recently, he served as Commander and Chair of the Military Technical Committee for Lebanon (MTC4L), where he oversaw multinational coordination efforts in support of the Lebanese Armed Forces.  Prior to that, he held several key appointments, including Personnel Division Chief and Adviser to the Chief of Defence Staff in the Defence General Staff, Commander of an infantry brigade, and Chief of the Officers’ Employment Office.  From 2018 to 2019, he was also UNIFIL Sector West Commander.  In addition, he chaired the Joint Gender Perspective Council within the Defence General Staff, underscoring his commitment to inclusive leadership and institutional reform.

    Major General Abagnara holds four Bachelor’s degrees:  in Political Science from the University of Turin; in International and Diplomatic Sciences from the University of Trieste; in Business Management and Communication from the University of Teramo; and in Strategic Sciences from the University of Turin, all in Italy.  He also holds six Master’s degrees:  in Law from the University of Rome; in Strategic Sciences from the University of Turin; in International Strategic-Military Studies, Advanced Studies in Intelligence and Security, and Cybersecurity and Information Security from the University of Rome; and in Strategic Leadership and Digital Transformation from the Luiss Business School, Rome, all in Italy.  He is fluent in English and Italian, and speaks French and Spanish.

    MIL OSI United Nations News

  • MIL-OSI Security: How Nuclear Tech Could Revolutionise Plastic Recycling

    Source: International Atomic Energy Agency – IAEA

    How can nuclear science help keep plastic waste out of the ocean and our daily lives?

    Nuclear science offers innovative solutions to address plastic pollution across its entire lifecycle. To combat this challenge, we need to understand its root causes. Research indicates that approximately 80 per cent of marine plastic pollution originates on land (with the rest coming from ocean sources such as fishing nets etc.) making land-based interventions critical.

    The IAEA is working on two fronts using cutting-edge technologies: firstly, we are using radiation to create bio-based plastics, offering a sustainable alternative to conventional petroleum-based plastics. Simply put, we are working on new materials that are both biodegradable and easily recyclable. This approach not only reduces reliance on fossil fuels but also supports circular economies by turning organic waste into valuable resources.

    Secondly, we are using radiation technology to transform plastic waste into more durable, stronger and higher value products. For example, radiation can enhance the performance of concrete by partially replacing cement with recycled plastics. Nuclear techniques are improving the sorting and separation of polymers in mixed plastic waste streams. We’re also exploring how radiation-assisted pyrolysis can convert plastics into waxes, fuels and other valuable chemical additives.

    If we treat plastics using radiation, won’t the new products be dangerous?

    Not at all — in fact, quite the opposite. Radiation is considered a form of ‘green chemistry’ because it allows us to process materials without using toxic chemicals or extreme conditions like high temperature or pressure. When we use radiation to create new bio-based plastics or upcycle plastic waste, the process is clean, efficient and environmentally friendly.

    And the radiation itself does not remain in the material. Just like when you get a dental X ray, the radiation passes through but doesn’t stay with you. The same principle applies here: the materials are not radioactive after treatment and are completely safe to use.

    You mentioned using nuclear technology to improve plastic recycling. Is this already happening?

    We have 52 countries collaborating with the IAEA on novel upcycling efforts under the NUTEC Plastics initiative. Nine of them are pilot countries, marking a major step forward in turning innovation into reality. These countries are advancing rapidly along the Technology Readiness Level (TRL) scale — a globally recognized nine-stage framework that tracks the maturity of technologies from concept to commercial deployment.

    We’re already seeing exciting, tangible results.

    In Indonesia and the Philippines, wood-plastic composites are being developed for sustainable construction.  In Malaysia, plastic waste is being converted into fuel. In Argentina, durable railroad sleepers made from recycled plastics are showing strong performance in early trials.

    These pilot projects are not just proof of concept — they are proof of progress. We anticipate several of these technologies reaching the final TRL stages and moving toward full-scale implementation as early as next year.

    Why, as a scientist, did you choose to go into this field?

    I’ve always believed that science should serve as a catalyst for meaningful, lasting change. That belief led me to focus on plastic upcycling and the search for alternatives to petroleum-based materials — areas where innovation can directly address the environmental crises we face today.

    With over 30 years of experience working with ionizing radiation, I’ve seen firsthand its untapped potential to transform waste into valuable resources. This work is more than research — it’s a commitment to building a circular economy that safeguards our ecosystems, reduces human carbon footprint, and leaves a healthier, more resilient planet for future generations.

    MIL Security OSI

  • MIL-OSI Economics: Top 20 global payment companies’ revenue grows by 9% in 2024 as market sees structural shifts, says GlobalData

    Source: GlobalData

    Top 20 global payment companies’ revenue grows by 9% in 2024 as market sees structural shifts, says GlobalData

    Posted in Business Fundamentals

    In 2024, the global payment ecosystem witnessed structural changes with digital acceleration, consumer behavior shifts, and macroeconomic pressures reshaping the industry landscape. The top 20 publicly listed payment companies by revenue have navigated this landscape with varying degrees of agility, innovation, and strategic execution. The top 20 public payment companies saw their revenues rise by 9% to $262.8 billion in 2024, reveals GlobalData, a leading data and analytics company.

    The US payment companies dominated the list, with the top four – American Express, Visa, PayPal, and Mastercard – accounting for 63.7% of the aggregate revenue of the top 20. Driven by an increase in global payment volume, the top four witnessed a rise in revenue by an average of 10%.

    Other companies in the top 20 list that recorded impressive top-line growth include Shift4 Payments, Adyen, and Green Dot, which reported more than 15% growth.

    Murthy Grandhi, Company Profiles Analyst at GlobalData, comments: “Shift4 Payments reported a 30% year-over-year revenue growth, driven by a significant increase in end-to-end payment volume, which reached $55.8 billion. This performance was supported by the continued onboarding of larger merchants, who generally operate under lower unit pricing compared to the existing customer base. Additionally, growth in subscription and other revenues was primarily attributed to the positive impact of recent acquisitions and increased SaaS revenue associated with the company’s SkyTab solutions.”

    Adyen’s growth was driven by the deepening of relationships with existing customers, alongside contributions of €8.3 million from payment settlement and processing activities. Additional revenue was generated through the sale of goods, including point-of-sale (POS) terminals, as well as other payment-specific services.

    Green Dot’s revenue growth was primarily driven by a 22.2% increase in card revenue, supported by a rise in gross dollar volume within its B2B Services segment. This growth led to higher program management service fees generated from its Banking-as-a-Service (BaaS) partnerships.

    Grandhi concludes: “In 2025, the payments industry is expected to undergo accelerated transformation, driven by the adoption of artificial intelligence (AI), real-time payment infrastructure, and embedded finance. Market leaders will likely be those that effectively integrate innovation with operational stability, expand globally while navigating evolving regulatory landscapes, and deliver broad, customer-focused product offerings. As the global economy stabilizes, the sector is positioned not only for sustained growth but also for a fundamental reshaping of how value is exchanged across digital ecosystems.”

    MIL OSI Economics

  • MIL-OSI Economics: Microsoft launches new European security initiative

    Source: Microsoft

    Headline: Microsoft launches new European security initiative

    As AI and digital technologies advance, the European cyber threat landscape continues to evolve, presenting new challenges that require stronger partnerships and enhanced solutions. Ransomware groups and state-sponsored actors from Russia, China, Iran, and North Korea continue to grow in scope and sophistication, and European cyber protection cannot afford to stand still.

    That is why, today, in Berlin, we are announcing a new Microsoft initiative to expand our longstanding work to help defend Europe’s cybersecurity. Implementing one of the five European Digital Commitments I shared in Brussels five weeks ago, we are launching a new European Security Program that adds to the company’s longstanding global Government Security Program.

    This new program expands the geographic reach of our existing work and adds new elements that will become critical to Europe’s protection. It puts AI at the center of our work as a tool to protect traditional cybersecurity needs and strengthens our protection of digital and AI infrastructure.

    We are launching the European Security Program with three new elements:

    • Increasing AI-based threat intelligence sharing with European governments;
    • Making additional investments to strengthen cybersecurity capacity and resilience; and
    • Expanding our partnerships to disrupt cyberattacks and dismantle the networks cybercriminals use.

    We are making this program available to European governments, free of charge, including all 27 European Union (EU) member states, as well as EU accession countries, members of the European Free Trade Association (EFTA), the UK, Monaco, and the Vatican.

    Together, these efforts reflect Microsoft’s long-term commitment to defending Europe’s digital ecosystem—ensuring that, no matter how the threat landscape evolves, we will remain a trusted and steadfast partner to Europe in securing its digital future.

    The need for new steps – the current threat environment

    Microsoft continues to observe persistent threat activity targeting European networks from nation state actors, with Russian and Chinese activity being particularly prolific in Europe. Unsurprisingly, Russia continues to be especially focused on targets in Ukraine and European nations providing support to Ukraine. Nation-state actors, including those engaging in malicious activity from Iran and North Korea, are predominantly pursuing espionage objectives in Europe through credential theft or the exploitation of vulnerabilities to gain access to corporate and government networks. Several campaigns, including those from China, have also targeted academic institutions, compromising accounts to access sensitive research data or conduct geopolitical espionage against think tanks. Cybercriminals continue to develop Ransomware-as-a-Service beyond nation-state threats. We have seen the emergence of illicit websites rapidly gaining followings by leaking ransomware insights to be used by criminal groups to conduct attacks across Europe.

    The rise of AI is also augmenting and evolving threat actor behavior. Microsoft has observed AI use by threat actors for reconnaissance, vulnerability research, translation, LLM-refined operational command techniques, resource development, scripting techniques, detection evasion, social engineering, and brute force attacks. This is why Microsoft now tracks any malicious use of new AI models we release and proactively prevents known threat actors from using our AI products. This also underscores the importance of secure development and rigorous testing of AI models, leveraging AI to benefit cyber defenders, and close public-private partnerships to share the latest insights about AI and cybersecurity.

    Increasing AI-based threat intelligence sharing with governments

    Microsoft’s Government Security Program (GSP) has long provided governments with confidential security information and resources to help them better understand our products and the evolving threat landscape, particularly threats from nation-state actors. Building on existing efforts, our new European Security Program will increase the flow and expand access to actionable threat intelligence to European governments. Tailored to discrete national threat environments using AI insights, and delivered, when possible, in real time, this program is designed to help governments stay ahead of advancing cyber threats through:

    • Leveraging threat intelligence insights – Microsoft tracks the most sophisticated nation-state cyber activity, offering timely insights into evolving global threats. We use AI to support our analysis, which has improved our visibility and accelerated our ability to share the latest intelligence on the tactics, techniques, and procedures used by advanced persistent threat actors, including the malicious use of AI. By providing more information and faster, Microsoft will help European governments strengthen their cyber resilience and enable proactive defense.
    • Expanding cybercrime reporting – The Microsoft Digital Crimes Unit (DCU) plays a critical role in detecting and disrupting global cybercriminal infrastructure, generating invaluable real-time intelligence in the process. As part of this new effort, we are expanding the availability of this intelligence to trusted European partners to support rapid response and coordinated enforcement action through the Cybercrime Threat Intelligence Program (CTIP).
    • Providing foreign influence operations updates – The Microsoft Threat Analysis Center (MTAC) continues to monitor influence operations in Europe, which are increasingly using AI to mislead and deceive with deepfake synthetic media. MTAC also uses AI to look for commonalities across operations and will provide regular intelligence briefings on foreign influence, offering timely insights into the tactics, narratives, and digital platforms leveraged by state-affiliated actors. These briefings help policymakers and security stakeholders stay ahead of evolving disinformation campaigns and hybrid threats targeting democratic institutions and public trust.
    • Identifying vulnerabilities and prioritizing security communications – Microsoft is committed to proactive and transparent security communications, particularly in the face of emerging threats and evolving vulnerabilities. We provide customers with timely, actionable intelligence through structured programs such as the Threat Microsoft Security Update Guide, Vulnerability Reporting process, and Microsoft Defender Vulnerability Management. As part of this expanded commitment, we will offer prioritized notice of security communications, including vulnerability remediation guidance to our European Security Program partners, helping to enhance situational awareness and enabling faster responses.

    Participating governments will have a dedicated Microsoft point of contact to coordinate responses and escalate concerns. These efforts are designed to improve situational awareness and to support faster, more coordinated action across borders.

    Making additional investments to strengthen cybersecurity capacity and resilience

    Digital resilience—the ability to anticipate, withstand, recover from, and adapt to cyber threats and disruptions—requires more than technology. It requires investment in people, institutions, and partnerships. As part of the European Security Program, we are investing additional resources to further our work with European governments, civil society, and innovators to strengthen local capabilities and build long-term resilience. Highlights include:

    • Strengthening public-private collaboration – Microsoft has launched a new pilot program with Europol’s European Cybercrime Centre (EC3), embedding Microsoft Digital Crimes Unit (DCU) investigators at EC3 headquarters in The Hague to enhance intelligence sharing and operational coordination. Through this enhanced collaboration, we will enable joint investigations, identify faster threat identification, and be better positioned to disrupt cybercriminal activity targeting European institutions and citizens more effectively.
    • Supporting civil society and defending against ransomware – Microsoft has renewed our three-year partnership with the CyberPeace Institute to support NGOs and to promote accountability for bad actors, including nearly 100 Microsoft employees volunteering their time and expertise to help defend the most vulnerable in cyberspace. We will continue to support the Institute’s efforts to trace ransomware origins, identify safe havens, and uncover potential links to nation-state actors.
    • Expanding cybersecurity support to the Western Balkans – Through a new collaboration with the Western Balkans Cyber Capacity Centre (WB3C), Microsoft will scale cybersecurity in a region where malicious actors have long sought to destabilize countries bordering the EU. Microsoft stands firmly in defense of Ukraine and is now extending that commitment with WB3C to help scale cybersecurity capabilities in a geopolitically sensitive and digitally under-resourced region, aligning with broader European cybersecurity priorities.
    • Advancing AI security and innovation – Microsoft is investing additional resources to support research, expand the cybersecurity talent pipeline, and test advanced AI-assisted security tools in real-world environments using Microsoft’s security stack and Azure and Copilot capabilities. We’re working with the UK’s Laboratory for AI Security Research (LASR), a public-private partnership established to advance AI security in support of UK’s national security and economic prosperity. Together, we’re launching a joint research program focused on AI-cybersecurity challenges with a focus on critical infrastructure and agentic AI security, with an initial investment from Microsoft and research-collaboration between LASR and Microsoft Security Research Center.
    • Securing open-source innovation Through the recently launched GitHub Secure Open Source Fund, we will support open-source projects that underpin the digital supply chain, catalyze innovation, and are critical to the AI stack. By raising the security posture for European projects such as Log4J and Scancode, which are critical to the IT systems of governments and companies across the continent, the program aims to reduce future security vulnerabilities. Ensuring these tools can continuously withstand and sustainably defend against sophisticated cyber threats is essential to strengthening cyber resilience.

    These new and enhanced initiatives reflect our belief that cybersecurity is a collective endeavor—and that Europe’s digital resilience must be built from the ground up.

    Expanding partnerships to disrupt cyberattacks and dismantle cybercriminal networks

    Finally, as part of our European Security Program we are expanding our partnerships with law enforcement and regional actors to proactively identify new and innovative ways to disrupt malicious and criminal activity.

    For instance, last month, Microsoft’s Digital Crimes Unit (DCU) worked with Europol and others to take down Lumma, a prolific infostealer malware used to steal passwords, financial data, and crypto wallets. In just two months, Lumma infected nearly 400,000 devices globally, many of them in Europe. The operation seized or blocked over 2,300 command-and-control domains. Off the back of this action, we are working with Europol to identify new opportunities to continue to meaningfully disrupt and deter cybercrime.

    Lumma-infected devices by country in Europe

    To accelerate future takedowns, we also launched the Statutory Automated Disruption (SAD) Program in April 2025. This initiative automates legal abuse notifications to hosting providers, enabling faster removal of malicious domains and IP addresses. Focused initially on Europe and the U.S., SAD raises the cost of doing business for cybercriminals and makes it harder for them to operate at scale.

    In addition, we’re working with local internet service providers to help remediate affected users and ensure governments have greater visibility into emerging threats.

    The DCU has long played a leading role in proactively combating cyber threats, including those originating from nation-state actors. Since 2016, Microsoft has filed seven legal actions to spotlight and disrupt nation-state threat actors from countries such as Russia, China, Iran, and North Korea, which we refer to internally by the weather-themed names Blizzard, Typhoon, Sandstorm, and Sleet, respectively. Most recently, in September 2024, Microsoft initiated a disruption action against the Russian actor Star Blizzard, mentioned above, known for hacking political targets surrounding UK’s 2022 elections and targeting NATO countries to advance its geopolitical interests involving Ukraine. Microsoft exposed the Russian actors and directly seized over 140 malicious domains in total, substantially blunting ongoing campaigns and forcing Star Blizzard to significantly alter its attack methods to other platforms, which Microsoft Threat Intelligence thereafter publicly exposed in a security blog. We will continue to act against those seeking to harm customers, governments, and individual users. These efforts are part of our broader strategy to partner with law enforcement across Europe. We are already working on coordinated disruptions to protect the digital ecosystem, and we stand ready to provide robust incident response services during crises, ensuring our partners and customers are never alone in the face of cyber adversity.

    We also believe that deterrence is a critical pillar of modern cybersecurity. The EU’s Cyber Diplomacy Toolbox plays a vital role in this effort, helping to coordinate crisis response and send a clear message that malicious activity will not go unanswered—legally, operationally, or reputationally.

    Taken together, operations like the Lumma disruption, the launch of SAD, and future coordinated disruptions are helping to prevent cybercriminals and state actors from establishing malicious infrastructure in Europe.

    * * *

    At Microsoft, our commitment to Europe is deep, enduring, and unwavering. We believe that Europe’s digital future is one of the most important opportunities of our time—and protecting that future is a responsibility we share. We will stand shoulder to shoulder with European governments, institutions, and communities to defend against threats, build capacity, and strengthen resilience. We are proud to be a trusted partner to Europe, and we will continue to work every day to earn trust through transparency, collaboration, and a steadfast commitment to protecting what matters most.

    Tags: Brad Smith, cybersecurity, Digital commitments, Europe

    MIL OSI Economics

  • MIL-OSI Economics: How AI can support better customer experiences

    Source: Microsoft

    Headline: How AI can support better customer experiences

    CRM systems have come a long way since their inception in the 1990s. What began as digital rolodexes evolved over the decades to accommodate cloud hosting, mobile access, and integrations across an organization’s tech stack. But for many businesses, the core experience of using a CRM system hasn’t kept pace with the evolving expectations of modern customers, or the realities of the people managing those relationships.

    Legacy CRM systems often rely heavily on manual data entry. They’re difficult to adapt as businesses grow and are frequently designed more for reporting than for allowing sellers, marketers, and service teams to succeed in real time. While this might have sufficed when field reps had hours between customer visits or when service agents had time to type up detailed call notes, those conditions no longer exist.

    Discover a new AI-powered CRM solution with Dynamics 365 Sales

    Today’s customers do their homework. They research independently, engage across multiple digital channels, and expect seamless, personalized experiences. Meanwhile, customer-facing teams need tools that work in the flow of their day, not ones that add friction. Companies trying to meet these demands with yesterday’s systems are feeling the strain.

    With Microsoft Dynamics 365, organizations are embracing a modern, AI-first approach that redefines productivity and customer engagement. Embedded Microsoft Copilot capabilities help sellers and customer service agents work smarter by generating content, surfacing insights, and summarizing customer interactions.

    AI agents take this a step further, automating repetitive tasks and allowing teams to focus on what truly matters—building relationships and closing deals. In the near future, legacy CRM systems will become background systems, while AI-powered workflows will take center stage.

    Together, copilots and agents can accelerate your business outcomes. For example, imagine a sales rep preparing for a big client meeting. Copilot can pull together a summary of recent customer interactions, generate a tailored pitch based on account details, and suggest case studies that may be relevant to the customer. Meanwhile, an AI agent is working in the background, logging customer inquiries, triggering follow-up tasks, and updating the sales pipeline based on real-time interactions.

    Common CRM system challenges, and how an AI-first approach solves them

    Microsoft has worked with hundreds of companies navigating CRM system modernization, and while each journey is unique, several pain points come up time and again. Here’s a look at the most common challenges, and how organizations are overcoming them with Dynamics 365.

    The challenge: Disparate systems and data silos

    Legacy CRM systems often sit apart from the tools employees use every day. Sales leaders have to jump between systems to get a full view of the customer, resulting in time lost, inconsistent data, and disconnected experiences for both employees and customers.

    The solution: A unified platform

    Dynamics 365 provides a unified platform across sales, marketing, and service. It brings together internal and external data in one place through Microsoft Dataverse and connects with the Microsoft tools people already rely on, like Microsoft Teams, Outlook, and Microsoft Power BI. That means relevant insights are available in the flow of work and updates happen in real time, which can reduce manual effort and improve accuracy.

    The challenge: Lack of innovation

    Many organizations are trying to retrofit AI into systems that weren’t built for it. As a result, they miss out on the true potential of AI to personalize engagement, suggest next steps, and automate time-consuming work.

    The solution: AI integration

    Dynamics 365 is built with AI at its core. With embedded Copilot capabilities, sellers can draft emails, generate proposals, and summarize meetings based on real-time customer data. AI agents go even further by handling complete workflows, like qualifying leads or following up on customer inquiries. With tools like Sales Agent, Sales Chat, and Sales Qualification Agent, sales teams can scale their impact and focus on high-value interactions.

    The challenge: High total cost of ownership

    Legacy CRM systems often require costly add-ons, third-party integrations, and ongoing maintenance. The systems that once seemed quick to deploy become difficult to scale or adapt and drain resources instead of delivering value.

    The solution: Business value through consolidation

    Dynamics 365 consolidates capabilities on a single platform, reducing redundancy and unlocking efficiencies. Since it uses tools that many companies already use—like Microsoft 365, Microsoft Azure, and Power BI—organizations can get more from their existing investments.

    ABN AMRO, one of the largest banks in the Netherlands, embraced Microsoft Dynamics 365 Customer Service and Microsoft Dynamics 365 Sales and has lowered total cost of ownership for its customer engagement platform by up to 40%.

    Real-world results: What an AI-first CRM system looks like in action

    Companies that have made the leap to Dynamics 365 are already seeing measurable impact, including shortened sales cycles, improved responsiveness, and greater customer satisfaction.

    For instance, Lenovo, a global leader in technology solutions, used Dynamics 365 to build a unified global view of customer activity and power its digital sales transformation.

    “We’re seeing the benefit of having one standardized system and a global view to all geographies’ activities. This is the foundation for Lenovo’s sales digital transformation—enabling better connections and an increase in sales productivity and actionable insights.”

    Wei Bi, Business Strategy Senior Manager, Lenovo

    Lexmark, a global innovator in cloud-supported printing and internet of things (IoT) solutions, migrated from Salesforce to Dynamics 365 to streamline and modernize its sales operations.

    “We’ve been on the journey with Microsoft after moving from Salesforce to Dynamics 365 Sales. We’re excited to be one of the first customers to use Sales Qualification Agent and look forward to the ability to scale our sales team with agents and provide an exceptional experience to our customers.”

    Kyle Farmer, Vice President, Global Sales and Strategy, Lexmark

    Gardens Alive replaced its legacy CRM system with Dynamics 365 Customer Service, integrating voice, chat, and email channels through third-party connectors and unified routing. The result was a more than 7% improvement in customer service delivery.

    And the momentum continues. In our Fiscal Year 2025 Third Quarter Earnings, Satya Nadella stated: “When it comes to business applications, Dynamics 365 again took share as companies like Avaya, Brunswick, SoftCat, switched to (Dynamics 365) from legacy providers. Verizon, for example, chose Dynamics 365 Sales to improve the efficiency of its sellers”.

    More than a CRM system, Microsoft is a strategic resource in your transformation journey

    For CROs and CSOs, the decision to modernize CRM systems is about more than upgrading technology. It’s about unlocking new potential. Companies want more than just a vendor; they’re looking for a strategic partner to help them navigate change, scale intelligently, and lead with data and empathy.

    With Dynamics 365, Microsoft brings not only a powerful AI-first platform, but also a global ecosystem of expertise in sales, engineering, and business transformation. The result? A CRM system that’s intuitive, connected, and future-ready, so companies can deliver standout customer experiences and drive sustainable growth. 

    Ready to explore your own AI-first CRM system journey?

    Take a guided tour, see a demo, or start a free trial.

    MIL OSI Economics

  • Indian Railways launches AI-driven crackdown on automated ticket bookings, records highest-ever per-minute ticketing

    Source: Government of India

    Source: Government of India (4)

    In a major step toward ensuring fairness and accessibility in its ticketing system, Indian Railways has launched a wide-ranging digital reform initiative aimed at curbing unauthorized automated bookings. Central to this overhaul is the deployment of AI-powered bot mitigation systems, which have already led to the deactivation of over 2.5 crore suspicious user IDs on the IRCTC platform. This measure has significantly improved access for genuine users, especially during peak booking hours.

    As part of its broader digital transformation, Indian Railways has also integrated its ticketing system with a top-tier Content Delivery Network (CDN). This move is intended to enhance website performance and prevent disruptions caused by bot-driven traffic, which previously accounted for nearly half of all login attempts during the critical first five minutes of Tatkal bookings.

    The success of these upgrades was dramatically demonstrated on May 22, when IRCTC set a new record by booking 31,814 tickets in a single minute. This achievement underscores the scalability and robustness of the modernized infrastructure, now better equipped to handle massive volumes of simultaneous requests.

    To further enhance fairness, Indian Railways has introduced new user authentication protocols. Non–Aadhaar-verified users are now required to wait three days after registration before booking high-demand tickets such as Opening Advance Reservation Period (ARP), Tatkal, or Premium Tatkal. Meanwhile, Aadhaar-authenticated users can continue to book tickets without delay.

    These reforms have yielded measurable improvements in overall platform performance. The daily average of user logins has surged from 69.08 lakh in FY 2023–24 to 82.57 lakh in FY 2024–25, representing a 19.53 percent increase. Similarly, average daily ticket bookings rose by 11.85 percent during the same period. E-ticketing has now become the dominant mode of reservation, accounting for 86.38 percent of all reserved tickets.

    In addition to backend improvements, Indian Railways has restructured its website delivery, with 87 percent of static content now served via CDN, which ensures faster page loading and reduces server load. The system also employs sophisticated AI tools to detect and block bot activity in real-time. Suspicious user accounts are being actively identified and deactivated, with channels open for public complaints through the Cyber Crime Portal.

  • MIL-OSI USA: Ricketts at AI+ Expo: Innovation and Adoption is the Key to AI Competition for America 

    US Senate News:

    Source: United States Senator Pete Ricketts (Nebraska)

    WASHINGTON, D.C. – Yesterday, U.S. Senator Pete Ricketts (R-NE), a senior member of the Senate Foreign Relations Committee, participated in the Special Competitive Studies Project’s AI+ Expo in Washington, D.C. Speaking at a fireside chat titled “Winning the AI Race with the CCP,” Ricketts made the case for how America can be the global leader in artificial intelligence (AI). 

    “What we have to do is create an environment where American innovators are the ones who can continue to innovate,” said Ricketts. “We shouldn’t put up rules so that other countries don’t adopt what we’re doing… Either we’re right or they’re right. Either Communist China’s centralized system, where they’re directing state-owned enterprises, is right or ours is. I believe ours is and that’s why we have to unleash the power of free enterprise and get a critical mass of our friends onboard.”

    Ricketts also underscored the importance of AI for various industries important to Nebraska and the United States.

    ”AI has a huge potential for making us more efficient,” said Ricketts. ”In the first few months, businesses that introduce AI see a 14% increase in productivity. That means we stay ahead in productivity here in the United States. That means we’re able to set our own destiny with how we do things like pharmaceutical research, agricultural research, or defense technology research.” 

    Click here to watch the fireside chat.

    MIL OSI USA News

  • MIL-OSI Banking: Samsung Showcases the Future of Smart Living at Decorex Cape Town 2025

    Source: Samsung

    Decorex Cape Town returns from 5 to 8 June 2025 and Samsung invites visitors to step into the future of smart living with an immersive showcase that promises to redefine the home experience. At the heart of this year’s exhibition, Samsung will highlight visionary innovations that blend technology, design, and lifestyle, transforming everyday spaces into intelligent, connected environments.
     
    Samsung’s Visionary Innovation at Home
    Samsung continues to lead the in intelligent living with SmartThings, its revolutionary ecosystem that integrates internet-powered devices and appliances for seamless, intuitive control. Visitors to the Samsung stand will discover how SmartThings anticipates their needs, adapts settings automatically, and brings unprecedented convenience and peace of mind to the home.
     
    Discover What’s New
    This year’s Decorex debut features Samsung’s latest product innovations that set new benchmarks in smart living. From sleek, AI-driven Bespoke appliances for kitchens and laundry rooms providing elegant, design-forward style, to interactive displays showcasing next-level connectivity. Visitors can see, touch, and experience the future first-hand.
     

     
    Immersive Viewing Redefined in Latest TVs and Monitors
    Samsung will also debut its latest range of Neo QLED 8K and OLED TVs, delivering unrivalled picture quality, AI-enhanced upscaling, and ultra-slim designs that blend seamlessly into modern interiors. Alongside these, Samsung’s Smart Monitors and ViewFinity series redefine hybrid living and working, with features like built-in entertainment apps, remote PC access, and USB-C connectivity. Whether upgrading your living room or enhancing a home office, these cutting-edge displays offer the perfect balance of productivity, entertainment, and design-forward elegance.
     

     
    SmartThings Ecosystem: Connected Convenience Redefined
    More than just smart tech, SmartThings represents an entire lifestyle ecosystem. Samsung’s hands-on demonstrations will reveal how users can effortlessly control their homes – intelligently linking Samsung’s devices that anticipate daily routines and personal preferences.
     
    Bespoke AI Living: Where Design Meets Intelligence
    Samsung’s Bespoke range transforms the home with appliances that don’t just perform, but adapt to individual lifestyles and patterns. These intelligent solutions elevate everyday tasks into refined experiences, blending sustainable living with personalisation and cutting-edge AI to create homes that are truly tailored to you.
     

     
    Design Meets Technology
    At Decorex, Samsung will showcase how innovation is inseparable from design. Marrying sleek aesthetics, beautiful designs with sustainable technology. Samsung’s home solutions are built to complement and enhance contemporary living spaces. This fusion of form and function perfectly aligns with Decorex’s celebration of lifestyle, design, and innovation.
     
    From tech enthusiasts to homeowners, art and design lovers, Samsung’s Decorex Cape Town 2025 stand offers an inspiring glimpse into the homes of tomorrow. Join us from 5 – 8 June and discover how technology is evolving to create smarter, more beautiful, and more connected living spaces – designed around you.

    MIL OSI Global Banks

  • MIL-OSI Global: For Haitian migrants in the Dominican Republic, ‘reproduction is like a death sentence’

    Source: The Conversation – Canada – By Masaya Llavaneras Blanco, Assistant Professor of Development Studies, Huron University College, Western University

    On May 9, Lourdia Jean-Pierre, a 32-year-old Haitian migrant woman, died after giving birth in her rural home in El Ceibo, Dominican Republic. The cause of death was a postpartum hemorrhage, according to a news report in The Haitian Times.

    Despite needing medical attention, Jean-Pierre was reportedly afraid to go to the hospital. Why? She feared being deported.

    Jean-Pierre was not wrong to be afraid. Soon after her death, paramedics arrived with police officers to check on the newborn and detain her husband, Ronald Jean. Jean left the newborn with a relative as he waited to be deported.

    Between April 21 and the end of May this year, 900 lactating or pregnant women were deported from the Dominican to Haiti. They are part of the new, extreme tough-on-immigration policies in the Dominican Republic. In May alone, 22,778 Haitians were deported to Haiti.

    A new wave of mass deportations

    Last October, the Dominican government initiated a new wave of mass deportations as President Luis Abinader ordered a quota of 10,000 Haitians deported per week. On April 6, he announced new extraordinary measures to control immigration.

    The rollout of this policy began on April 21. Migration officials were assigned to work in hospitals and required migrants to show their documents before receiving medical care or face deportation.

    The new protocol does not specify pregnant and breastfeeding women. However, it effectively targets them in hospitals. Evidence of this is the fact that the policy was immediately implemented in the 33 hospitals “that report the largest number of pregnant migrant women — mainly those of Haitian origin.”

    The targeting of pregnant women is not new

    The targeting of pregnant migrants in the DR isn’t new. In September 2021, the Ministry of the Interior and Police announced a protocol to limit pregnant migrant women’s access to health care in the DR.

    Dozens of deportation raids were carried out in maternity wards in the capital and other large urban centres. According to immigration officials, attendance at pre-natal appointments fell by 80 per cent by the end of 2021.

    Deportation raids in maternity wards slowed down between 2022 and 2024, but women were still afraid to go for their check-up appointments. Pre-natal care is essential in preventing maternal deaths.

    According to a media report, the Dominican’s National Health System estimates that Haitian women accounted for 56 per cent of maternal deaths in the first half of 2022.

    No documents, no health care

    There are almost no ways for Haitians in the Dominican Republic to apply for or renew visas. And Dominican consulates in Haiti have been closed since September 2022.

    There is a long history of a lack of documentation among Dominicans of Haitian ancestry, exacerbated by the denationalization of up to 200,000 Dominicans of Haitian ancestry in 2013. That means Dominican-Haitians are also at risk of being deported when accessing health care.

    This happened to Mirryam Ferdinad who, according to community reports, went to a hospital for a programmed Caesarean section and was instead detained in Haina, the country’s largest migrant detention centre. Ferdinad was released one week on Saturday May 31st. Is it possible to add that update with this link? https://www.instagram.com/p/DKWAD44N_N7/?igsh=cXY5a21xY2pud2tp

    Deportations are expected to occur after people recover from their ailments. But human rights organizations report that deportations regularly take place in unsanitary and unsafe conditions, in trucks filled beyond capacity.

    Structural racism

    Elena Lorac, co-founder of Reconocido, an advocacy group of denationalized Dominicans of Haitian descent, said the situation is exacerbated by structural racism.

    Anti-Black racism and anti-Haitianism runs through the politics of the Dominican Republic, whereby Blackness is associated with undesirable cultural and physical traits, and linked to neighbouring Haiti.

    In contrast, DR’s nationalist groups, such as the Antigua Orden Dominicana, emphasize their colonial Spanish roots.

    Reproductive health rights under attack

    Haitian pregnant women are between a rock and a hard place. Hemorrhages and unsafe abortions are among the main causes of maternal mortality. Most of these cases are preventable if pregnant people have access to health services.

    Haiti has the highest maternal mortality in the Western hemisphere.

    Maternal mortality in the DR is lower. But its mistreatment of pregnant migrants, and its criminalization of abortion in all circumstances, pose significant risks for women.

    Haiti: A country in humanitarian crisis

    Deported migrants usually have no family or social networks in the locations they are deported at. And they have limited to no access to health services and social services.

    Dominican-Haitians also get deported because they have no legal documents despite having lived there their whole lives. They often have never been to Haiti, and barely speak Haitian Creole.

    In Haiti, about 40 per cent of primary health care was funded by the now almost completely defunded United States Agency for International development (USAID).

    Though there are some groups supporting deportees, global cuts to humanitarian agencies like the United Nations High Commissioner for Refugees and International Organization for Migration are affecting personnel on the ground. The humanitarian conditions in Haiti are increasingly challenging.

    Financial cuts worsen the extremely precarious living conditions. Nine per cent of the population is internally displaced. More than half the population is expected to experience acute food insecurity by June.

    Protesting violence

    On May 28, 13 organizations led a demonstration in front of the Dominican Republic Health Ministry. Peasant women, domestic workers, artists and feminists demanded an end to deportation raids in maternity wards and the removal of immigration officials from hospitals.

    Sirana Dolis, co-founder of Movement of Dominican-Haitian Women MUDHA, said of the situation:

    “Haitian women and women of Haitian descent are a people who love life, but under these circumstances, reproduction is like a death sentence.”

    Masaya Llavaneras Blanco receives funding from the Social Sciences and Humanities Research Council (SSHRC).

    ref. For Haitian migrants in the Dominican Republic, ‘reproduction is like a death sentence’ – https://theconversation.com/for-haitian-migrants-in-the-dominican-republic-reproduction-is-like-a-death-sentence-257427

    MIL OSI – Global Reports

  • MIL-OSI USA: Amneal Pharmaceutical LLC Issues a Nationwide Recall of Sulfamethoxazole / Trimethoprim Tablets, USP, 400 mg/80 mg Only, Due to Microbial Contamination

    Source: US Department of Health and Human Services – 3

    Summary

    Company Announcement Date:
    June 02, 2025
    FDA Publish Date:
    June 04, 2025
    Product Type:
    Medical Devices
    Reason for Announcement:

    Recall Reason Description
    Microbial contamination

    Company Name:
    Amneal Pharmaceutical LLC
    Brand Name:

    Brand Name(s)
    Amneal

    Product Description:

    Product Description
    Sulfamethoxazole/Trimethoprim Tablets, USP, 400 mg/80 mg

    Company Announcement
    Amneal Pharmaceutical LLC, is recalling three lots of Sulfamethoxazole/Trimethoprim Tablets, USP, 400 mg/80 mg to the consumer level as the tablets may exhibit black spots on the tablet surface due to microbial contamination. The observance of black spots was reported in a product quality complaint.
    Risk Statement: Oral products contaminated with Aspergillus may result in serious and life-threatening infections. The use of the defective product in patients with underlying immunosuppressive conditions increases the concern for serious infections. To date, Amneal Pharmaceuticals has received no reports of adverse events, illnesses or injuries related to this recall.
    The recalled product was distributed nationwide to wholesalers/distributors between the dates of 12/4/2024 to 5/15/2025 only.The product is indicated for the treatment of Urinary tract infections caused by susceptible strains of the following organisms: Escherichia Coli, Klebsiella species, Enterobacter species, Morganella morganii, Proteus mirabilis and Proteus vulgaris.  Acute otitis media in pediatric patients. Acute exacerbations of chronic bronchitis due to susceptible strains of Streptococcus pneumoniae. Enteritis caused by susceptible strains of Shigella flexneri and traveler’s diarrhea in adults. 
    Sulfamethoxazole/Trimethoprim Tablets, USP, 400 mg/80 mg is packaged in 100 tablet count and 500 tablet count bottles. This recall pertains only to the 400 mg/80 mg strength and only to the listed Lots below. The lot number can be found on the Amneal bottle label or consult your pharmacy if you received a pharmacy vial. No other Sulfamethoxazole/Trimethoprim Tablets, USP, 400 mg/80 mg lots are impacted.

    Lot Number
    NDC Number
    Expiration date
    Date of First Distribution
    Bottle Pack Size

    AM241019
    65162-271-10
    06/2027
    12/4/2024
    100 count

    AM241019A
    65162-271-50
    06/2027
    12/4/2024
    500 count

    AM241020
    65162-271-10
    06/2027
    12/4/2024
    100 count

    Amneal is notifying its customers by UPS and is arranging for return of all recalled products. Wholesalers/distributors are being asked to notify their customers of the recall and provide instructions to contact Amneal for the return of the recalled products to Amneal. Retailers are being asked to notify their customers and instruct consumers to contact Amneal directly for assistance with return of any recalled product and reimbursement information.
    Individuals with questions regarding this recall can contact Amneal Pharmaceuticals by: 

     For Medical Inquiries or to report Adverse Events, or quality problems experienced with the use of this product, please contact Amneal Drug Safety by phone at 1-877-835-5472, Monday – Friday, 8:00 am – 6:00 pm, EST, or e-mail at DrugSafety@amneal.com. 
    Adverse reactions or quality problems experienced with the use of this product may be reported to the FDA’s MedWatch Adverse Event Reporting program either online, by regular mail or by fax.

    Complete and submit the report Online
    Regular Mail or Fax: Download form or call 1- 800-332-1088 to request a reporting form, then complete and return to the address on the pre-addressed form, or submit by fax to 1-800-FDA-0178

    This recall is being conducted with the knowledge of the U.S. Food and Drug Administration.

    Company Contact Information

    Product Photos

    Content current as of:
    06/04/2025

    Regulated Product(s)

    Follow FDA

    MIL OSI USA News

  • MIL-OSI USA: AG Labrador Announces Conviction of Meridian Man for Possession of Child Pornography

    Source: US State of Idaho

    Home Newsroom AG Labrador Announces Conviction of Meridian Man for Possession of Child Pornography

    BOISE — Attorney General Raúl Labrador has announced that Brandon Taro, 54, was convicted of three counts of Sexual Exploitation of a Child by Possessing Sexually Exploitative Material (Child Pornography). The Possession of Sexually Exploitative Material is a felony punishable by up to 10 years in prison. “Idaho will use every tool at our disposal to protect children and hold predators accountable,” said Attorney General Labrador. “This conviction sends a clear message that those who exploit and endanger our children will face the full force of the law in Idaho.” In September of 2024, the Internet Crimes Against Children (ICAC) Unit received a CyberTip that an online account, later identified as belonging to Taro, was being used to view and exchange Child Sexual Abuse Material (CSAM), also known as Child Pornography, with other online users. Investigator Lauren Lane was able to obtain account information from the electronic service provider (ESP) of the CyberTip, which identified Taro as the account’s owner through digital identifiers and photographs. After obtaining search warrants, officers searched Taro’s home and digital devices. Forensic examiners from the Office of the Attorney General were able to locate multiple files of CSAM and chat logs showing conversations fantasizing about having sexual contact with minor children. Many of these CSAM files depicted minor children, predominantly females, as young as approximately six years of age, and some of these files depicted children engaged in violent sex acts with adults.  Taro was sentenced on May 28, 2025, by Ada County District Judge Nancy Baskin. Judge Baskin imposed a sentence of 20 years with 2.5 years fixed and 17.5 years indeterminate. Taro will have to register as a sex offender pursuant to Idaho law. The case was investigated by Investigator Lauren Lane of the Office of the Attorney General who serves on the ICAC Task Force. Investigator Lane was assisted by the Boise Police Department, the Meridian Police Department, and Homeland Security Investigations. The case was prosecuted by Deputy Attorney General James Haws.

    MIL OSI USA News

  • MIL-OSI USA: Governor Stein Announces Amazon Plans to Invest $10 Billion in North Carolina for AI Infrastructure

    Source: US State of North Carolina

    Headline: Governor Stein Announces Amazon Plans to Invest $10 Billion in North Carolina for AI Infrastructure

    Governor Stein Announces Amazon Plans to Invest $10 Billion in North Carolina for AI Infrastructure
    lsaito

    Raleigh, NC

    Today Governor Josh Stein announced that Amazon is planning to invest $10 billion to launch a new high-tech cloud computing and artificial intelligence (AI) innovation campus in Richmond County, creating at least 500 new high-paying, high-tech jobs. 

    “Artificial intelligence is changing the way we work and innovate, and I am pleased that North Carolina will stay at the forefront of all that’s ahead as we continue to attract top technology companies like Amazon,” said Governor Josh Stein. “Amazon’s investment is among the largest in state history and will bring hundreds of good-paying jobs and an economic boost to Richmond County.”

    Amazon Web Services (AWS) is the world’s most comprehensive and broadly adopted cloud computing solution, and its data centers enable customers of all sizes and across all industries, such as automotive, health care, manufacturing, financial services, public sector, and more, to transform their businesses. The new data centers will contain computer servers, data storage drives, networking equipment, and other forms of technology infrastructure used to power cloud computing capabilities and generative AI technologies. North Carolina’s business-friendly environment, abundance of infrastructure resources, availability of skilled labor, and growing technology sectors made it a natural hub for building world-class data center infrastructure.

    “Amazon’s $10 billion investment in North Carolina underscores our commitment to driving innovation and advancing the future of cloud computing and AI technologies,” said David Zapolsky, Amazon’s Chief Global Affairs and Legal Officer. “This investment will position North Carolina as a hub for cutting-edge technology, create hundreds of high-skilled jobs, and drive significant economic growth. We look forward to partnering with state and local leaders, local suppliers, and educational institutions to nurture the next generation of talent.”

    “I am excited for Amazon’s $10 billion investment in our community,” said Senator David Craven. “This project will bring hundreds of good-paying jobs and significant investment to our area for many years to come.”

    “Richmond County is delighted to welcome Amazon to our community,” said Representative Ben Moss. “The new jobs created by this facility will change hundreds of lives for the better. Rural communities like ours can lead the way in technology advancements, including artificial intelligence, which is an ever-increasing presence in the world.”

    “The Richmond County, NC Board of County Commissioners, is pleased to announce and welcome Amazon as our newest corporate partner,” said Richmond County Board of Commissioners Chairman Rick Watkins. “Their selection of the Energy Way Industrial Park represents the largest Cap-ex investment in the history of North Carolina and will serve as a catalyst to transform the local economy, provide high paying jobs for citizens, and improve the quality of life for all residents. We stand ready to work together with Amazon as they continue to build capacity and innovate their cloud computing platform. Working together, our possibilities are limitless!    

    Jun 4, 2025

    MIL OSI USA News

  • MIL-OSI USA: Governor Stein Announces State Advisory Council to Bring Order to Cannabis Market

    Source: US State of North Carolina

    Headline: Governor Stein Announces State Advisory Council to Bring Order to Cannabis Market

    Governor Stein Announces State Advisory Council to Bring Order to Cannabis Market
    lsaito

    Raleigh, NC

    (RALEIGH) Today Governor Josh Stein released the following statement on the need to protect young people by bringing order to the unregulated cannabis market:  

    “Today all across North Carolina, there are unregulated intoxicating THC products available for purchase: just walk into any vape shop. There is no legal minimum age to purchase these products! That means that kids are buying them. Without any enforceable labeling requirements, adults are using them recreationally without knowing what is in them or how much THC there is. Our state’s unregulated cannabis market is the wild west and is crying for order. Let’s get this right and create a safe, legal market for adults that protects kids.  

    “That is why I am announcing a State Advisory Council on Cannabis. I am charging this group with studying and recommending a comprehensive approach to regulate cannabis sales. They will study best practices and learn from other states to develop a system that protects youth, allows adult sales, ensures public safety, promotes public health, supports North Carolina agriculture, expunges past convictions of simple THC possession, and invests the revenues in resources for addiction, mental health, and drugged driving detection.  

    “I want to thank members of the General Assembly for their interest in addressing this gaping loophole in state law. Let’s work together on a thoughtful, comprehensive solution that allows sales to adults and that is grounded in public safety and health. We can work together and get this right.”

    Governor Stein signed the Executive Order creating the Council on Tuesday morning. The Council will include representatives from the Office of State Budget and Management, the State Highway Patrol, the Eastern Band of Cherokee Indians, the General Assembly, and the Departments of Health and Human Services, Public Safety, Revenue, Transportation, and Justice.  

    Hemp and marijuana are both types of cannabis. The difference used to be how much THC was in the plant. Today, due to the cannabis industry’s unchecked and creative product development and packaging, the terms “hemp” and “marijuana” have lost their traditional meanings and are essentially the same thing. They both contain intoxicating levels of THC. As a result, anyone, no matter their age, can legally buy cannabis products in vape shops with high concentrations of intoxicating THC here in North Carolina. The status quo of zero protection of our kids is absolutely unacceptable. That’s why the work of this Advisory Council to recommend a regulatory structure for cannabis sales is important and urgent.  

    In the meantime, at a minimum, the General Assembly should prohibit the sales of products that contain intoxicating THC to anyone under 21 by requiring photo ID age-verification and require packaging that lets adults know what is actually in cannabis products, including the amount of THC.  

    Members of the Council are:  

    Co-chairs

    • Lawrence H. Greenblatt, MD, State Health Director & Chief Medical Officer, North Carolina Department of Health and Human Services
    • Matt Scott, District Attorney, Prosecutorial District 20 (Robeson County)

    Members

    • David W. Alexander, Owner and President, Home Run Markets, LLC
    • Arthur E. Apolinario, MD, MPH, FAAFP, 2002-2023 Past President, North Carolina Medical Society; Family Physician, Clinton Medical Clinic
    • Joshua C. Batten, Assistant Director for Special Services, Alcohol Law Enforcement Division, North Carolina Department of Public Safety
    • Representative John R. Bell, North Carolina House of Representatives, District 10
    • Carrie L. Brown, MD, MPH, DFAPA, Chief Psychiatrist, North Carolina Department of Health and Human Services
    • Mark M. Ezzell, Director, North Carolina Governor’s Highway Safety Program, North Carolina Department of Transportation
    • Anca E. Grozav, Chief Deputy Director, North Carolina Office of State Budget and Management
    • Representative Zack A. Hawkins, North Carolina House of Representatives, District 31
    • Colonel Freddy L. Johnson, Jr., Commander, North Carolina State Highway Patrol
    • Michael Lamb, Police Chief, City of Asheville Police Department
    • Peter H. Ledford, Deputy Secretary for Policy, North Carolina Department of Environmental Quality
    • Kimberly McDonald, MD, MPH, Chronic Disease and Injury Section Chief, Division of Public Health, North Carolina Department of Health and Human Services
    • Patrick Oglesby, Attorney and Founder, Center for New Revenue
    • Forrest G. Parker, CEO / General Manager, Qualla Enterprises LLC / Great Smoky Cannabis Company
    • Senator Bill P. Rabon, North Carolina Senate, District 8
    • Lillie L. Rhodes, Legislative Counsel, Administrative Office of the Courts
    • Gary H. Sikes, Owner, Bountiful Harvest Farm and Partner, Legacy Fiber Technologies
    • Senator Kandie D. Smith, North Carolina Senate, District 5
    • Keith Stone, Sheriff, Nash County  
    • Joy Strickland, Senior Deputy Attorney General, Criminal Bureau of the North Carolina Department of Justice
    • Deonte’ L. Thomas, Chief, Wake County Public Defender Office
    • Missy P. Welch, Director of Programming (Permits/Audit/Product Sections), Alcoholic Beverage Control Commission 
    Jun 4, 2025

    MIL OSI USA News

  • MIL-OSI: 74Software joins Euronext Tech Leaders, the initiative for high-growth and leading Tech companies

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    74Software joins Euronext Tech Leaders, the initiative for high-growth and leading Tech companies

    Paris, June 4, 2025 – 74Software is delighted to announce its inclusion in the Euronext Tech Leaders segment, an initiative dedicated to supporting high-growth and leading tech companies. This significant recognition validates the continuous commitment of the company to excellence in entreprise software development and its contribution to digital innovation for nearly 25 years.

    Launched in June 2022, the Euronext Tech Leaders initiative is backed by a strong network of partners and aims to highlight high-growth and leading tech companies listed on Euronext markets. It features a segment of 110 European companies, an index tracking their performance, and a dedicated programme of services and visibility opportunities designed to support them throughout their listing journey.

    This announcement follows the 2025 annual review of the Euronext Tech Leaders segment, which saw eight new companies added across diverse sectors including Aerospace & Defence, Biotech, Cleantech, Hardware and Software.

    In addition to joining the Euronext Tech Leaders Index, members benefit from a range of services and exclusive access to investor forums and conferences across Europe, providing valuable networking opportunities.

    For more information on the criteria for inclusion in the Euronext Tech Leaders segment, please visit the Euronext Tech Leaders criteria.

    74Software looks forward to the opportunities this inclusion brings and to leveraging the resources and network provided by the Euronext Tech Leaders initiative to accelerate growth and innovation in the tech sector.

    About 74Software

    74Software is an enterprise software group founded through the combination of Axway and SBS – independently operated leaders with unique experience and capabilities to deliver mission-critical software for a data driven world. A pioneer in enterprise integration solutions for 25 years, Axway supports major brands and government agencies around the globe with its core line of MFT, B2B, API, and Financial Accounting Hub products. SBS empowers banks and financial institutions to reimagine tomorrow’s digital experiences with a composable cloud-based architecture that enables deposits, lending, compliance, payments, consumer, and asset finance services and operations to be deployed worldwide. 74Software serves more than 11,000 companies, including over 1,500 financial service customers. To learn more, visit 74Software.com

    Contacts – Investor Relations:

    Arthur Carli – +33 (0)1 47 17 24 65 – acarli@74software.com
    Chloé Chouard – +33 (0)1 47 17 21 78 – cchouard@74software.com

    Attachment

    The MIL Network

  • MIL-OSI USA: Jayapal, Raskin, Keating, Foushee, Balint Introduce Resolution Urging the Immediate Delivery of Humanitarian Aid to Gaza

    Source: United States House of Representatives – Congresswoman Pramila Jayapal (7th District of Washington)

    WASHINGTON, D.C. — U.S. Representatives Pramila Jayapal (WA-07), Jamie Raskin (MD-08), Bill Keating (MA-09), Valerie Foushee (NC-04), and Becca Balint (VT-AL) are today introducing a resolution calling on the Trump Administration to use all diplomatic tools at its disposal to ensure humanitarian aid reaches civilians in Gaza and to bring about the release of the hostages.

    “Innocent civilian lives — children and babies — can be saved by ensuring that much-needed aid gets to Gazans,” said Congresswoman Jayapal. “This humanitarian crisis is man-made and can be solved by allowing aid trucks to enter Gaza. Every diplomatic tool in our toolbox must be used to ensure that this happens.”

    “Each passing day brings new suffering to people in Gaza, who are experiencing a humanitarian catastrophe,” said Congressman Raskin. “Our Resolution recognizes that America must act now to save countless lives in the region. Just as the time is long overdue to bring all the remaining Israeli hostages home from their captivity at the hands of Hamas, it is time to assure the delivery of desperately needed food and humanitarian aid into Gaza to end the prolonged humanitarian crisis of Palestinians living there.”

    “The humanitarian crisis in Gaza is dire and devastating. The entire U.S. government must urgently use all diplomatic tools available to bring about the release of the hostages in Gaza, facilitate the delivery of food and humanitarian aid for Palestinians, and work towards an end to the conflict in Gaza which moves us closer to a two-state solution,” said Congressman Keating. “This important bicameral resolution sends a strong message that we believe the U.S. must immediately do more to end the suffering in Gaza.”

    “The entire Gaza Strip is facing acute levels of hunger after a nearly two-and-a-half-month blockage on humanitarian aid. Although this blockade was recently lifted, aid groups do not have the resources or food available to properly provide immediate support to the millions of people facing starvation,” said Congresswoman Foushee. “I’m proud to join my fellow colleagues in introducing this resolution that will help address the dire situation in Gaza, and I implore my colleagues to support this critical step towards ensuring an enduring ceasefire that will alleviate suffering, save lives, and return the hostages safely to their families.”

    “It is indisputable that death is imminent for hundreds of thousands in Gaza and the level of starvation for children is catastrophic. We cannot waste another minute, aid must get to Gaza now,” said Rep. Becca Balint. “We must use every tool at our disposal to pressure to alleviate this crisis. The United States may not remain complicit in the face of the unimaginable suffering and dire need for aid and supplies.”

    The entire population of Gaza, an estimated 2,200,000 people, is facing acute levels of hunger. Over two months ago, Israel began a blockade on aid into the Gaza Strip. While some food is now being allowed into Gaza, it is not being allowed to do so fast enough to save lives. Since the start of the conflict, at least 54,000 Palestinians have been killed and 120,000 have been injured.

    The resolution is cosponsored by Representatives Nanette Barragán (CA-44), Donald Beyer Jr. (VA-08), Suzanne Bonamici (OR-01), Julia Brownley (CA-26), André Carson (IN-08), Troy A. Carter Sr. (LA-02), Greg Casar (TX-35), Joaquin Castro (TX-20), Judy Chu (CA-28), Yvette Clarke (NY-09), Emanuel Cleaver (MO-05), Steve Cohen (TN-09), Herbert Conaway Jr. (NJ-03), Joe Courtney (CT-02), Jasmine Crockett (TX-30), Sharice Davids (KS-03), Danny K. Davis (IL-07), Madeleine Dean (PA-04), Diana DeGette (CO-01), Rosa L. DeLauro (CT-03), Mark DeSaulnier (CA-10), Maxine Dexter (OR-03), Debbie Dingell (MI-06), Lloyd Doggett (TX-37), Veronica Escobar (TX-16), Dwight Evans (PA-03), Cleo Fields (LA-06), Maxwell Alejandro Frost (FL-10), John Garamendi (CA-08), Robert Garcia (CA-42), Jesús G. “Chuy” García (IL-04), Sylvia Garcia (TX-29), Jimmy Gomez (CA-34), Al Green (TX-09), Jim Himes (CT-04), Val Hoyle (OR-04), Jared Huffman (CA-02), Jonathan L. Jackson (IL-01), Henry C. “Hank” Johnson, Jr. (GA-04), Marcy Kaptur (OH-09), Robin L. Kelly (IL-02), Ro Khanna (CA-17), Rick Larsen (WA-02), John B. Larson (CT-01), Summer L. Lee (PA-12), Teresa Leger Fernandez (NM-03), Sam Liccardo (CA-16), Zoe Lofgren (CA-18), Stephen F. Lynch (MA-08), Doris Matsui  (CA-07), Jennifer L. McClellan (VA-04), Betty McCollum (MN-04), Kristen McDonald Rivet (MI-08), James P. McGovern (MA-04), LaMonica McIver (NJ-10), Kweisi Mfume (MD-07), Gwen S. Moore (WI-04), Jerrold Nadler (NY-12), Eleanor Holmes Norton (DC-AL), Alexandria Ocasio-Cortez (NY-14), Ilhan Omar (MN-05), Nancy Pelosi (CA-11), Scott Peters (CA-50), Chellie Pingree (ME-01), Stacey Plaskett (VI-AL), Mark Pocan (WI-02), Ayanna Pressley (MA-07), Mike Quigley (IL-05), Delia C. Ramirez (IL-03), Deborah Ross (NC-02), Linda Sanchez (CA-38), Jan Schakowsky (IL-09), Lateefah Simon (CA-12), Adam Smith (WA-09), Melanie Stansbury (NM-01), Suhas Subramanyam (VA-10), Bennie G. Thompson  (MS-02), Mike Thompson (CA-04), Rashida Tlaib (MI-12), Jill Tokuda (HI-02), Paul D. Tonko (NY-20), Lori Trahan (MA-03), Derek T. Tran (CA-45), Lauren Underwood (IL-14), Nydia M. Velazquez (NY-07), Bonnie Watson Coleman (NJ-12), and Nikema Williams (GA-05).

    This resolution is endorsed by 18 Million Rising, 99 Coalition , A New Policy , Action Corps, ActionAid USA, American Friends of Combatants for Peace, American Friends Service Committee, Amnesty International USA, Arab American Institute (AAI), Center for Gender & Refugee Studies, Center for Jewish Nonviolence, Center for Victims of Torture, Charity & Security Network, Church World Service, Coalition for Humane Immigrant Rights (CHIRLA), DAWN, Demand Progress, Doctors Against Genocide , Emgage Action, Friends Committee on National Legislation, Global Ministries of the Christian Church (Disciples of Christ) and United Church of Christ, Hindus for Human Rights, Historians for Peace and Democracy, Human Rights Watch, IfNotNow Movement, International Refugee Assistance Project, J Street, KinderUSA, MADRE, Maryknoll Office for Global Concerns, Middle East Democracy Center (MEDC), Migrant Roots Media, MoveOn, MPower Change Action Fund, Muslim Advocates, Muslims for Just Futures, Muslims United PAC, National Council of Churches, New Israel Fund, New Jewish Narrative, No Dem Left Behind, Nonviolent Peaceforce, Oxfam America, Partners for Progressive Israel, Pax Christi USA, Peace Action, Quincy Institute for Responsible Statecraft, Reconstructing Judaism, Reconstructionist Rabbinical Association, ReThinking Foreign Policy, RootsAction, Sisterhood of Salaam Shalom, Sisters of Mercy of the America – Justice Team, T’ruah: The Rabbinic Call for Human Rights, The Borgen Project, United Methodists for Kairos Response (UMKR), UNRWA USA National Committee, Win Without War, Women’s International League for Peace and Freedom, US Section (WILPF US), CAIR Washington, Christian-Jewish Allies for a Just Peace for Israel/Palestine, Church Women United in New York State, Delawareans for Palestinian Human Rights , FOSNA Pittsburgh, Harrisburg Palestine Coalition, Historians for Peace and Democracy, Indiana Center for Middle East Peace, MARUF CT, Minnesota Peace Project, Nepa for Palestine, Northern California Friends of Sabeel (NorCal Sabeel)Sabeel), Oasis Legal Services, Peace Action WI, Peace, Justice, Sustainability NOW!, Progressive Democrats of America – Central New Mexico, Sisterhood of Salaam Shalom DC-Metro Action Group, UPTE Members for Palestine, Valley View Church.

    Senator Peter Welch (VT) is leading the resolution in the Senate with the support of nearly all Democrats.

    The full text of the resolution can be read here.

    Issues: Foreign Affairs & National Security

    MIL OSI USA News

  • MIL-OSI Africa: HSRC calls on businesses to participate in innovation surveys

    Source: South Africa News Agency

    The Human Sciences Research Council (HSRC), on behalf of the Department of Science, Technology and Innovation, is calling on South African businesses to participate in two of its business innovation surveys, starting on 5 June 2025, across all nine provinces.

    The South African Business Innovation Survey (BIS) and the Agricultural Business Innovation Survey (AgriBIS) will gather crucial data on how firms in the industry, services, and agriculture sectors are innovating. 

    “In a dynamic and challenging economic landscape, with rising input costs, funding constraints, and shifts in global trade dynamics, understanding how, why, and when businesses do not innovate is ever more vital. 

    “The data intends to support evidence-based policymaking and at the same time allow businesses to benchmark their innovation activity and outputs relative to their industry,” a statement issued by the council said. 

    According to the Executive Head of the HSRC’s Centre for Science, Technology and Innovation Indicators (CeSTII), Dr Glenda Kruss, South Africa has not made significant progress in transforming the structure of its economy to sustainably generate higher incomes and wealth for all. 

    “Economists propose the need for building dynamic sectoral clusters, which can link skills development, build technological capabilities such as design, testing, and prototyping, and support firms to pool resources, create economies of scale, and develop markets.

    “Understanding South African firms’ innovation and technological capabilities provides critical data to inform collective action, towards public and private investment that can promote our own dynamic sectoral clusters,” said Kruss.

    Businesses will be contacted to find out information about what innovations took place during the period 2022–2024, how innovations occur at the firm level, and what can be done to enhance innovation and production capabilities.

    Department of Science, Technology and Innovation’s Chief Director for Science and Technology Investments, Kgomotso Matjila, leads the department’s team responsible for commissioning the surveys. 

    “To grow an inclusive economy in South Africa, that is also productive and competitive, we need to design and provide the right kinds of support to incentivise and stimulate innovation investments by firms. For this, our national innovation surveys are an essential source of evidence,” said Matjila.

    Fieldwork for both surveys will be conducted by HSRC’s partner, Sigma Kairos Research and Consulting. 

    Their fieldworkers will contact business leaders and managers to complete the surveys online or via telephone interview.

    The HSRC extends its sincere thanks in advance to the South African business community, as we all work together to expand innovative solutions to drive structural change and shape the future of South Africa’s economy. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI: HTX Reveals Evolving Listing Strategy: Decoding the Future of Memes and Narratives from HPOS10I to Moonpig

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 04, 2025 (GLOBE NEWSWIRE) — HTX, a leading global cryptocurrency exchange, today unveiled key insights into its refined asset listing strategy, demonstrating a significant pivot from traditional evaluation metrics towards a focus on genuine community consensus, compelling narratives, and project transparency. This strategic evolution sets HTX apart from other major exchanges and reflects a deeper understanding of the shifting dynamics within the crypto market.

    Major exchanges have historically adopted divergent listing approaches. Binance often prioritizes projects with established user bases, reputable teams, or substantial strategic investments, reinforcing “official incubation” labels like Alpha and Launchpool to highlight platform empowerment and compliance. Conversely, OKX leverages its robust wallet ecosystem to foster community engagement, with on-chain performance serving as a crucial indicator of liquidity.

    HTX, however, has carved out a unique position in its latest assets listings. Moving beyond reliance on funding rounds or established venture capital, HTX’s criteria now heavily weigh community buzz, compelling narratives, and project transparency. This fresh perspective underpins a listing philosophy centered on identifying “genuine consensus”.

    The diversity of new additions in HTX’s recent New Listing zone—HPOS10I, SOON, and Moonpig—clearly demonstrates this approach. These projects, spanning viral memes, innovative technology, and organic community-driven initiatives, reflect different dimensions of the market. This illustrates how HTX Exchange develops its system for identifying high-quality assets with strong growth potential—through the lens of the platform, the project, and the user.

    Platform Perspective: Community-Led, Deep Narratives, and On-Chain Activity Define a New Listing Formula

    Exchange listings have typically focused on backend support, capital influence, or strategic wagers. However, HTX’s latest selection strategy signals a notable shift: while traffic remains a key factor, greater scrutiny is placed on the source of that traffic and the sustainability of its growth narrative.

    “HarryPotterObamaSonic10Inu” (HPOS10I), dubbed the “ultimate meme,” rose to prominence with its unique blend of chaotic narrative, community autonomy, and extensive cultural reach. What caught HTX’s attention was the genuine self-organizing power of its community and the rich narrative potential spanning NFTs, e-commerce, and multiple brand IPs. HTX’s decision to list HPOS10I signals a shift in trends: exchanges are moving beyond chasing short-term traffic to valuing the combined potential of deep narratives and ecosystem growth.

    Project Perspective: Where Tech Meets Meme with True Innovation

    In a narrative-driven market, purely technical projects often struggle to attract early liquidity without rapidly establishing an emotional connection. SOON effectively addresses this challenge.Its “Super App Stack (SAS)” model provides not only an L1-facing Rollup solution but also seamlessly integrates Web2 user scenarios, such as live streaming platforms and content portals, with on-chain technology. This establishes a closed loop from foundational technology to the end-user experience.

    HTX’s listing of SOON sends a clear message: exchanges are now encouraging “narrative-friendly tech.” “Tech that can tell a story” is becoming more sought after than purely complex, “hard-core” technical stacks.

    User Perspective: Fair Launch Grassroots Projects Can Gain Mainstream Platform Recognition

    Moonpig is a typical Pump.fun-native project, launched with no pre sales or VC backing, and driven entirely by its community. Its rapid surge in community engagement, powered by fair-launch mechanics and a lighthearted, meme-driven culture, reflects a deeply decentralized ethos. Moonpig serves as clear proof that even grassroots projects can gain recognition from centralized platforms.

    By listing Moonpig, HTX has delivered an obvious message: more organically grown, on-chain grassroots projects will have real opportunities for recognition and official listings on centralized platforms. Meme projects that organically emerge and grow within on-chain communities and meet the criteria for transparency and engagement can also earn the trust of exchanges and gain access to valuable resources.

    HTX’s Three Pillars for Spotting Tomorrow’s Valued Assets

    Based on the newly listed assets, HTX’s current listing strategy crystallizes into three core principles:

    1. Meme Projects with Lasting Narratives: The focus is on memes supported by authentic, self-governed communities and enduring cultural relevance—projects that evolve from simple memes into valuable IP beyond mere speculation.
    2. Narrative-Driven Tech Infra: Essential elements include solid tech, approachable narratives, and quick user attraction. Infra projects must leverage clear branding and “meme-like” narratives to connect with users and liquidity, rather than remaining obscure in complex whitepapers.
    3. Grassroots On-Chain Native Projects: Success depends on fair on-chain launches and genuine community consensus. “Grassroots Memes” with transparent operations, equitable beginnings, and a clean short-term track record are the next dark horses ready to gain recognition.

    As an established mainstream trading platform, HTX has distinctly shifted its listing strategy in this new cycle, shifting from a reactive “hotspot tracking” model to a more proactive, narrative-driven approach. The rationale is clear: the meme market has advanced beyond simple image-based jokes to embody deeper cultural identities and community affiliations. Concurrently, technical projects are gaining mainstream recognition not through traditional business development, but by embedding themselves into core communities through fresh narratives that better resonate with user contexts.

    Amidst this evolution, the role of exchanges is also transforming. They are no longer simply facilitators for asset listings, but increasingly act as critical selectors of compelling cultural narratives and robust consensus value.

    About HTX

    Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

    As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

    To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

    For further inquiries, please contact Ruder Finn Asia glo-media@htx-inc.com

    Disclaimer: This is a paid post and is provided by HTX. 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/0ccc59d1-b279-4582-a5c9-79268d2fffc8

    The MIL Network

  • MIL-OSI: AndPartners Tops $25B in Client Assets to Start 2025: An ambitious start for a new wealth management firm aimed at changing the industry for the better

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, June 04, 2025 (GLOBE NEWSWIRE) — &Partners, a St. Louis-based, wealth management firm focused on attracting 100–150 of the best financial advisor teams in the U.S., is pleased to announce that it has onboarded over $25 billion in client assets, catapulting the firm into the top hybrid RIA wealth managers by size in just 18 months.

    “We started this company with a commitment to creating an environment where advisors can thrive, and clients can achieve their financial dreams with confidence. And we’re doing just that,” said David Kowach, CEO and cofounder of &Partners. “The $25 billion milestone, which we reached early this year, is an important one for us as it makes us not just one of the fastest growing over the last few years, but also one of the largest hybrid RIAs in this country. We feel privileged to call the advisors we’ve onboarded partners, and we are extremely excited for the year ahead.”

    Unlike many of its competitors, &Partners is employee- and advisor-owned with a very broadly distributed equity base. Shared ownership at &Partners creates alignment across home office employees, advisors, and their clients. According to Kowach, the secret ingredient fueling the company’s success and propelling the firm’s forward momentum is the &Partners approach to ownership. “Advisors are meaningful owners of our firm, and this ownership opportunity is a key driver of our growth.”

    &Partners was founded by a team of seasoned professionals with a long history in the advisory and asset management industries. At &Partners, an institutional-quality investment platform is paired with flexible technology that can accommodate a wide range of advisor preferences. The operational and investment support is white glove by design. No call centers and no 1-800 numbers.

    The hallmark of the culture at &Partners is empowerment. The growth of the firm will be capped at approximately 150 teams of advisors to help avoid the pitfalls of a “lowest common denominator approach” to decision-making by management teams too focused on scale rather than excellence. Advisors at &Partners will have the freedom to do what is right for clients, and they will be supported by a team of professionals with an “on call” mentality. Kristi Mitchem, who founded the firm together with David Kowach and John Alexander, describes the &Partners investment team as “concierge” in its orientation.

    “We want to meet advisors and their clients where they are. Every client and advisor will have access to institutional quality investment solutions that are designed to fit their needs and their dreams—precisely.” “Our clients deserve nothing less than unwavering dedication to their financial well-being,” adds John Alexander. “At the bigger firms, bureaucracy can get in the way of sound, common sense decision-making. The size of &Partners allows us to make individualized decisions with an unwavering focus on client value creation.”

    &Partners invites both advisors and clients to experience a new era of advisory services where their needs come first. To learn more about the firm, please visit andpartners.com or contact Trevor Wade at marketing@andpartners.com.

    About &Partners

    &Partners is a rapidly growing wealth management firm built for advisors seeking greater ownership, flexibility, and community. Founded by former Wells Fargo leaders and based in Nashville, Tennessee, and St. Louis, Missouri, the firm offers a hybrid model that combines high payouts with equity participation, institutional support, and access to a collaborative peer network. With nearly $30 billion in client assets and over 80 advisor teams as of May 2025, &Partners provides a platform where advisors can build lasting businesses on their terms — without sacrificing service, scale, or culture. Clearing and custody services are provided by National Financial Services LLC, a Fidelity company. Our mission is to change financial lives for the better by providing highly personalized advice that seeks to avoid missteps and optimize opportunities. To learn more, visit andpartners.com.

    &Partners is the enterprise trade/marketing name for Ampersand Partners LLC, a Delaware limited liability company, and its subsidiary, &Partners, LLC, a Tennessee limited liability company registered with the U.S. Securities and Exchange Commission as a broker-dealer and investment adviser. Securities and investment advisory services offered through &Partners, LLC, member FINRA and SIPC.

    Media Contacts: Trevor Wade, trevor.wade@andpartners.com, (415) 515-4560 and Kate Ennis, ennis@DAIPartnersPR.com, (301)580-6726

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b7a24f3e-b62d-4020-ba9d-b8afaab77fbc

    The MIL Network

  • MIL-OSI: New MLPerf Training v5.0 Benchmark Results Reflect Rapid Growth and Evolution of the Field of AI

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 04, 2025 (GLOBE NEWSWIRE) — Today, MLCommons® announced new results for the MLPerf® Training v5.0 benchmark suite, highlighting the rapid growth and evolution of the field of AI. This round of benchmark results includes a record number of total submissions, as well as increased submissions for most benchmarks in the suite compared to the v4.1 benchmark.

    MLPerf Training v5.0 introduces new Llama 3.1 405B benchmark

    The MLPerf Training benchmark suite comprises full system tests that stress models, software, and hardware for a range of machine learning (ML) applications. The open-source and peer-reviewed benchmark suite provides a level playing field for competition that drives innovation, performance, and energy efficiency for the entire industry.

    Version 5.0 introduces a new large language model pretraining benchmark based on the Llama 3.1 405B generative AI system, which is the largest model to be introduced in the training benchmark suite. It replaces the gpt3-based benchmark included in previous versions of the MLPerf Training benchmark suite. An MLPerf Training task force selected the new benchmark because it is a competitive model representative of the current state-of-the-art LLMs, including recent algorithmic updates and training on more tokens. More information on the new benchmark can be found here. Despite just being introduced, the Llama 3.1 405B benchmark is already receiving more submissions than the gpt3-based predecessor saw in previous rounds – demonstrating the popularity and importance of large-scale training.

    Rapid performance improvements for key training scenarios

    The MLPerf Training working group regularly adds emerging training workloads to the benchmark suite to ensure that it reflects industry trends. The Training 5.0 benchmark results show notable performance improvements for newer benchmarks, indicating that the industry is prioritizing emerging training workloads over older ones. The Stable Diffusion benchmark saw a 2.28x speed increase for 8-processor systems compared to the 4.1 version six months ago, and the Llama 2.0 70B LoRA benchmark increased its speed 2.10x versus version 4.1; both outpacing historical expectations for computing performance improvements over time as per Moore’s Law. Older benchmarks in the suite saw more modest performance improvements.

    On multi-node, 64-processor systems, the RetinaNet benchmark saw a 1.43x speedup compared to the prior v3.1 benchmark round (the most recent to include comparable scale systems), while the Stable Diffusion benchmark had a dramatic 3.68x increase.

    “This is the sign of a robust technology innovation cycle and co-design: AI takes advantage of new systems, but the systems are also evolving to support high-priority scenarios,” said Shriya Rishab, MLPerf Training working group co-chair.

    Increasing diversity of processors, increasing scale of systems, broadening ecosystem

    Submissions to MLPerf Training 5.0 utilized 12 unique processors, all in the available (production) category. Five of the processors have become publicly available since the last version of the benchmark suite.

    • AMD Instinct MI300X 192GB HBM3
    • AMD Instinct MI325X 256GB HBM3e
    • NVIDIA Blackwell GPU (GB200)
    • NVIDIA Blackwell GPU (B200-SXM-180GB)
    • TPU-trillium

    Submissions also included three new processor families:

    • 5th Generation AMD Epyc Processor (“Turin”)
    • Intel Xeon 6 Processor (“Granite Rapids”)
    • Neoverse V2 as part of NVIDIA GB200

    In addition, the number of multi-node systems submitted increased more than 1.8x when compared to version 4.1.

    “The picture is clear: AI workloads are scaling up, systems are scaling up to run them, and hardware innovation continues to boost performance for key scenarios,” said Hiwot Kassa, MLPerf Training working group co-chair. “In-house large scale systems were built by few companies, but the increased proliferation – and competition – in AI-optimized systems is enabling the broader community to scale up their own infrastructure. Most notably, we see an increasing cadre of cloud service providers offering access to large-scale systems, democratizing access to training large models.

    “The industry is not standing still, and neither can we. MLCommons is committed to continuing to evolve our benchmark suite so that we can capture and report on the innovation that is happening in the field of AI.”

    Record industry participation

    The MLPerf Training v5.0 round includes 201 performance results from 20 submitting organizations: AMD, ASUSTeK, Cisco Systems Inc., CoreWeave, Dell Technologies, GigaComputing, Google Cloud, Hewlett Packard Enterprise, IBM, Krai, Lambda, Lenovo, MangoBoost, Nebius, NVIDIA, Oracle, Quanta Cloud Technology, SCITIX, Supermicro, and TinyCorp.

    “We would especially like to welcome first-time MLPerf Training submitters AMD, IBM, MangoBoost, Nebius, and SCITIX,” said David Kanter, Head of MLPerf at MLCommons. ”I would also like to highlight Lenovo’s first set of power benchmark submissions in this round – energy efficiency in AI training systems is an increasingly critical issue in need of accurate measurement.”

    MLPerf Training v5.0 set a new high-water mark for the >200 submissions. The vast majority of the individual benchmark tests that carried over from the previous round saw an increase in submissions.

    Robust participation by a broad set of industry stakeholders strengthens the AI/ML ecosystem as a whole and helps to ensure that the benchmark is serving the community’s needs. We invite submitters and other stakeholders to join the MLPerf Training working group and help us continue to evolve the benchmark.

    View the results

    To view the full results for MLPerf Training v5.0 and find additional information about the benchmarks, please visit the Training benchmark page.

    About ML Commons

    MLCommons is the world’s leader in AI benchmarking. An open engineering consortium supported by over 125 members and affiliates, MLCommons has a proven record of bringing together academia, industry, and civil society to measure and improve AI. The foundation for MLCommons began with the MLPerf benchmarks in 2018, which rapidly scaled as a set of industry metrics to measure machine learning performance and promote transparency of machine learning techniques. Since then, MLCommons has continued using collective engineering to build the benchmarks and metrics required for better AI – ultimately helping to evaluate and improve AI technologies’ accuracy, safety, speed, and efficiency.

    For additional information on MLCommons and details on becoming a member, please visit MLCommons.org or email participation@mlcommons.org.

    Press Inquiries: contact press@mlcommons.org

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/25f6643c-9978-4344-8c45-75336a9497dd

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7781c2e5-02ce-4b69-b92b-c12c7e3a48fd

    The MIL Network

  • MIL-OSI: Altius Inspiro Names Mr. Ryo Ohashi as New President and CEO to Drive Digital Transformation

    Source: GlobeNewswire (MIL-OSI)

    MANILA, Philippines, June 04, 2025 (GLOBE NEWSWIRE) — Altius Inspiro, Inc. (Inspiro), a leader in digital customer experience (CX) and business process outsourcing (BPO), proudly announces Mr. Ryo Ohashi as its new President and Chief Executive Officer, signaling a bold step toward a future defined by digital transformation.

    Driving Altius Inspiro’s Future Vision

    With over 20 years of global leadership experience in industries spanning cybersecurity, ICT, electronics, and human resource management, Mr. Ohashi steps into his new role with a clear, future-focused vision for Altius Inspiro. His track record of steering cross-cultural teams and adapting to dynamic market challenges equips him to guide the company toward its next phase of innovation and operational excellence.

    A Digital-First BPO Vision

    “My vision is to transform Altius Inspiro into a fully digital BPO company where innovation seamlessly blends with strategic portfolio management,” stated Mr. Ohashi. “With our unique strengths and passionate team, this transformation is not only possible—it’s inevitable.”

    This ambitious roadmap centers on repositioning Altius Inspiro as a global digital CX and BPO leader. Mr. Ohashi emphasizes leveraging the company’s core strengths, including two decades of operational excellence and enduring relationships with long-standing marquee clients, to cement the company’s leadership in the digital-first BPO space.

    Commitment to Innovation and Growth

    Under Mr. Ohashi’s leadership, Altius Inspiro will focus on three core pillars to achieve its digital transformation goals:

    1. Relentless InnovationThe company aims to set new industry benchmarks by continually evolving its professional services to meet the demands of a fast-changing digital landscape.
    2. Global ScalabilityThe company will scale its global footprint to reach new markets and ensure its services remain accessible to enterprises worldwide.
    3. Balanced Portfolio Development

    The company is committed to building and maintaining a diversified client portfolio, ensuring long-term resilience and sustainable growth for its partners, employees, and stakeholders.

    “Backed by our solid Transformation and Operations teams, Altius nspiro is perfectly positioned to lead the charge in shaping the next generation of BPO services,” said Mr. Ohashi.

    A Trusted Global Partner

    What sets Altius Inspiro apart is a unique combination of expertise and a deeply rooted sense of community. “Our people are the heart of this organization, and our shared sense of camaraderie empowers us to deliver exceptional results for our partners. This is what makes Altius Inspiro not just a service provider but a trusted global partner,” added Mr. Ohashi.

    Charting the Path Forward

    Under Mr. Ohashi’s forward-looking leadership, Altius Inspiro is equipped to redefine the BPO industry with a digital-first approach that blends technological innovation, operational excellence, and human expertise. This new chapter promises transformational growth and lasting success for clients and employees alike.

    About Altius Inspiro, Inc. 

    Altius Inspiro is a global leader in digital customer experience management and business process outsourcing, serving Fortune 1000 companies across diverse industries. With a reputation for operational excellence and digital innovation, the company delivers next-generation CX solutions powered by strategy, advanced analytics, and technology. Altius Inspiro is a subsidiary of Altius Link, Inc., supported by shareholders KDDI Corporation and Mitsui & Co., Ltd.

    For more information, visit www.inspiro.com.

    Contact:

    Raymond Boholano
    Vice President, Marketing and Corporate Communications
    raymond.boholano@inspiro.com

    The MIL Network

  • MIL-OSI: Bitget Wallet Integrates Solana Pay to Enable Instant Crypto Payments

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, June 04, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has integrated Solana Pay, enabling users globally to make instant, low-fee crypto payments. The move expands Bitget Wallet’s real-world utility and supports its goal of making crypto seamless and accessible for everyday use.

    With this integration, Bitget Wallet users can scan Solana Pay QR codes to complete transactions using stablecoins like USDC and other Solana tokens. The feature supports both in-store and online payments, with upcoming compatibility for national QR code systems in regions such as Southeast Asia and Latin America. Transactions are settled directly from the user’s wallet, fee-efficiently and without intermediaries. This is part of Bitget Wallet’s growing PayFi suite, which aims to make crypto practical for commerce.

    “Our mission is to make crypto useful in everyday life — not just to hold or trade, but also to spend,” said Alvin Kan, COO of Bitget Wallet. “By integrating Solana Pay, we give users a fast and affordable way to use crypto globally. Combined with features for trading, staking, and DApp exploration, Bitget Wallet is becoming a true all-in-one platform for Solana and beyond.” The wallet supports 130+ blockchains, offers swaps across hundreds of DEXs, and connects users to thousands of Web3 apps in a secure, self-custodial environment.

    Solana Pay is an open-source payments framework built on Solana that enables decentralized, instant, and low-cost payments. The integration was made possible through collaboration with Venta, a Solana-powered payments provider offering scalable infrastructure for real-world blockchain payments. Venta connects wallets, merchants, and ecosystems to accelerate crypto adoption. “People everywhere deserve modern payments that don’t drain their pockets. Helping Bitget Wallet integrate Solana Pay for their millions of users shows that open, composable rails are the answer, letting any wallet, merchant, or developer tap into instant, low-cost transactions with just one integration. Together, Venta and Bitget Wallet are making that a reality,” said K, Co-Founder & CEO of Venta.

    Bitget Wallet offers a full Solana feature set across Trade, Earn, Pay, and Discover. Users can access Solana-native limit order trading through integration with Jupiter DEX, perform cross-chain swaps, and stake SOL via the wallet’s Earn suite. The wallet also supports reclaiming idle SOL through Solana account rent refunds, provides built-in MEV protection, and enables gas fee coverage using GetGas with Solana Paymaster support. Additionally, users can explore a wide array of Solana-based DApps directly within the app. These capabilities reflect Bitget Wallet’s broader commitment to making onchain finance more accessible, efficient, and secure for users engaging with the Solana network.

    To showcase the integration, Bitget Wallet will join the Solana Summit 2025 as a major partner. Taking place from June 5 to 7 in Da Nang, Vietnam, the summit will gather nearly 2,000 developers, founders, and ecosystem leaders. Bitget Wallet will host a branded booth with free coffee, exclusive merchandise, and live demos. The team will also lead a developer workshop and join a panel discussion, highlighting the wallet’s growing role in real-world crypto adoption. An evening side event will also offer a more informal setting for connecting with builders and partners.

    Find out more on Bitget Wallet’s 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.

    For more information, visit: XTelegramInstagramYouTubeLinkedInTikTokDiscordFacebook
    For media inquiries, contact media.web3@bitget.com

    About Venta
    Venta is a Solana-powered payments provider revolutionizing the payment landscape with scalable solutions, empowering merchants, consumers, and tech teams alike with an express lane to distribution and innovation. For more information, please visit https://www.venta.xyz/

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ecaf0437-beae-428f-bd47-f006f696735a

    The MIL Network

  • MIL-OSI: IKB Collective Launches exPricer, a Dynamic Pricing Tool for Digital Art Creators

    Source: GlobeNewswire (MIL-OSI)

    Nice, France, June 04, 2025 (GLOBE NEWSWIRE) — The International Klein Blue (IKB) Collective, a global network of techno-artists federated by a community token on the Solana blockchain, today announced the launch of exPricer — an open-source pricing engine designed to transform how digital artworks are valued and sold.

    The IKB Collective introduces exPricer — an open-source pricing system redefining digital art value through scarcity and choice.

    exPricer is a dynamic pricing algorithm and checkout system that enables digital artists to control the scarcity of their works through the pricing choices of their patrons. Buyers are offered the option to pay more for greater exclusivity; in response, fewer (or no more) additional editions are ever to be released. The system includes a pricing API for developers, as well as a ready-made Stripe-powered checkout interface that can be used by artists looking to sell their work online.

    Key Features of exPricer

    • Dynamic Pricing Algorithm – Enables variable pricing based on exclusivity, allowing collectors to pay more for fewer, or even unique, copies of a limited edition.
    • Open-Source & Developer Friendly – Includes an open API for integration with other platforms or marketplaces.
    • Stripe-Powered Checkout Interface – Comes with a ready-to-use web checkout system tailored for the payment of digital media.
    • Support for Multiple Digital File Types – Best suited for images, audio, ZIP files, and other downloadable assets.
    • Using Scarcity to Better Support Artists – Aligns pricing with artistic intent of exclusivity, enabling new economic models in digital art.

    The development of exPricer draws conceptual inspiration from avant-garde movements that have historically challenged traditional notions of ownership and value in art. The system reflects the IKB Collective’s ongoing interest in exploring how scarcity, perception, and pricing can be used as creative tools in the digital realm.

    exPricer is our way of continuing Yves Klein’s inquiry into how art is valued — not by material or medium, but by perception, context, and choice,” said a member of the IKB collective. “It’s pricing as performance.

    Though the exPricer checkout interface prices art works in dollars, to ensure immediate applicability and easy-of-use for less tech-savvy artists, the collective is committed to the continued development of the IKB token, the collective’s blockchain-based token. Originally conceived as a decentralized reference to the iconic ultramarine pigment International Klein Blue, the token functions both as a community anchor and governance mechanism, allowing for experiments at the intersection of art and technology.

    The IKB Collective invites digital creators and developers to explore and build upon exPricer through its open-source repository.

    Explore the project on GitHub: https://github.com/ikb-token/exPricer
    Website: https://ikb-token.co

    An example of a ready-to-use checkout page for selling digital art works generated by exPricer

    About IKB token community

    A Solana blockchain community meme token based on the original meme, International Klein Blue, created more than 60 years ago. The decentralized organization was started by an international collective of like-minded techno-artists, brought together by admiration of the deep blue color of International Klein Blue as well as the thought-provoking questions asked by the french artist Yves Klein related to the valuation of modern art, in particular artistic works that are conceptual and immaterial.

    Press inquiries

    IKB token community
    https://ikb-token.co
    IKB token team
    pr@ikb-token.co

    The MIL Network

  • MIL-OSI USA: Strong Chairs Homeland Hearing Focused on Mass Gathering Events

    Source: United States House of Representatives – Representative Dale Strong (Alabama)

    WASHINGTON — Today, Representative Dale W. Strong (AL-05), Chairman of the Homeland Security Subcommittee on Emergency Management and Technology, led a hearing entitled, “Mass Gathering Events: Assessing Security Coordination and Preparedness” as the U.S. gears up for a historic stretch of major international events. 

    The hearing assessed how state and local law enforcement and the private sector coordinate with the federal government for mass gathering events.  

    “By their very nature, mass gathering events draw large crowds in concentrated areas, making them attractive targets for malicious actors. Ensuring their safety requires complex coordination among federal, state, and local authorities – including law enforcement and emergency services. It also requires close collaboration with partners in the sports and entertainment industries,” said Representative Dale Strong.  

    The United States is entering an unprecedented period of hosting major international sporting events, including the 2025 Ryder Cup, the 2025 FIFA Club World Cup, 2026 FIFA World Cup, and 2028 Olympic and Paralympic Games. 

    The 2026 World Cup alone will include 78 matches played in 11 U.S. cities, drawing an anticipated 5 million fans from around the globe, and as many as 6 billion viewers watching online. Given these staggering figures, the focus on safety has never been more important. 

    The events will test the country’s ability to manage crowds, protect international visitors, and mitigate threats from terrorists and criminals. Effective security depends on strong coordination between federal, state, local, and private partners to protect people and infrastructure, prevent attacks, and manage crowds.  

    “I witnessed the scale of these challenges firsthand when I led a congressional delegation to New Orleans to survey security preparations for the Super Bowl following the New Year’s attack on Bourbon Street. That incident, and others like it, serve as stark reminders that terrorist threats persist and underscore our shared responsibility to safeguard such gatherings,” said Strong.  

    To meet these challenges, Congress and the White House have launched new efforts to strengthen event security. On March 7, 2025, President Trump signed an Executive Order Establishing the White House Task Force on the FIFA World Cup 2026.  

    At the same time, the House Committee on Homeland Security formed its own bipartisan “Task Force on Enhancing Security for Special Events in the United States,” focused on special events such as the FIFA World Cup in 2026, the 2028 Los Angeles Olympics, and the United States’ 250th Anniversary. Congressman Strong will serve as a member of this task force, which will work in coordination with its counterparts in the White House to ensure the United States demonstrates global leadership in its security practices. 

    “I applaud Vice Chairman McCaul, who will be chairing the task force, and Chairman Green for their leadership on this issue. I’m honored to have been selected to join the task force,” said Strong.  

    In advance of these high-profile events, the task force will visit select event sites, hold hearings, host roundtables, and release a final report on their findings as part of the Committee’s oversight of National Special Security Events (NSSEs) and major Special Event Assessment Rating (SEAR) events. 

    MIL OSI USA News

  • MIL-OSI Banking: Kevin Greenidge: Unbreakable, unmovable, unstoppable

    Source: Bank for International Settlements

    Good evening.

    As the stars in the life insurance business gather tonight, I am delighted to address you on the occasion of your 36th Annual Caribbean Sales Congress. It is both an honour and a privilege to engage with such a distinguished gathering of professionals who shape the financial security of our Caribbean nations.

    From the start of this Congress yesterday evening, tonight, and over the coming days, we reflect on industry trends, celebrate regulatory progress, forge new connections, and honour your exceptional achievers. Your congress theme – “Unbreakable, Unmovable, Unstoppable” – resonates deeply with me. These powerful words capture the very essence of what it means to thrive in today’s ever-evolving world, including within the life insurance and financial advisory sector. They speak to the resilience, steadfast determination, and unwavering commitment that define your work, day after day.

    Over the next few minutes, I invite you to join me on a journey exploring the vital importance of your sector and discovering what you must collectively do to remain truly unbreakable, unmovable, and unstoppable in an ever-changing world. 

    The Cornerstone of Caribbean Financial Stability

    The life insurance sector stands as an indispensable pillar supporting our Caribbean economic landscape. The numbers tell a compelling story: ordinary life plans continue to dominate market share across Barbados, the Eastern Caribbean, and Trinidad and Tobago, while group health plans remain the cornerstone in Jamaica and beyond.

    Yet despite these encouraging trends, our region’s insurance penetration rate of 2.18 percent trails significantly behind the OECD average of 4.6 percent. This gap represents not just a statistical shortfall, but a pressing opportunity for expanded financial education and awareness throughout our communities.

    But let us remember – insurance transcends mere policies and premiums; it embodies security, stability, and the safeguarding of our collective future. In a Caribbean increasingly vulnerable to economic disruptions, brought on by the climate crisis, and shifting demographics with aging populations and declining birth rates, your profession serves as a bedrock of financial protection. Whether securing a family’s stability after losing a breadwinner, or guaranteeing a child’s education, or creating pathways to dignified retirement, you provide the foundation of financial resilience upon which our communities build their dreams.

    Transforming Regional Economies Through Strategic Investment

    Our regional economies also stand at a critical crossroad, poised for strategic restructuring that will create sustainable growth platforms for generations to come. Take Barbados, for example – our economy has undergone remarkable transformation since 2018, evolving from a stagnating system burdened by debt into one characterised by sustained economic expansion and consistent debt reduction.

    We’ve made tremendous strides in enhancing our competitiveness, while simultaneously addressing both external and internal macroeconomic imbalances. The revitalisation of our formerly dormant capital market, through new treasury bill offerings and our recent long-term 20-year debenture, marks a significant milestone. With increasingly positive reviews from regional and international credit rating agencies, as evidenced by four upgrades in the last eight months, these financial products have attracted substantial interest.

    I encourage you, my regional colleagues, to reconsider your exposure to Barbadian government securities as you seek safe, secure investments from a nation firmly recommitted to fiscal prudence and sustainable, inclusive growth.

    Yet our journey has only begun, and the investment decisions made by life insurance companies like yours will prove instrumental in driving Caribbean economic growth forward. No economy can fully address its citizens’ long-term needs through fiscal measures alone. Instead, we must harness our people’s collective savings through strategic investments that accelerate sustainable growth.

    Consider this striking reality: approximately US$5.4 billion in excess cash currently sits idle in central banks across our region – low or non-earning investments that could instead fuel transformative growth. Imagine these resources channelled into developing tourism, renewable energy, and addressing the climate crisis – a fight that the Prime Minister of Barbados is leading – and innovative industries that sustainably leverage our vast marine resources and technological capabilities. How about harnessing some of this excess liquidity through a regional bond for economic development? 

    Life insurance products are uniquely designed to manage longevity risk, making your industry perfectly positioned to drive investment in crucial long-term infrastructure and both private and public securities that meet appropriate criteria. Tonight, I challenge us all to reimagine how these investments can reshape our Caribbean destiny.

    Celebrating Excellence: The Monica Robotham Story

    Now, we are gathered here tonight to celebrate a woman whose career and life is a testament to perseverance, excellence, and a profound commitment to service – Monica Robotham. Ladies and gentlemen, I am deeply honoured to join you in celebrating Monica’s extraordinary journey – a path that truly embodies what it means to be unbreakable, unstoppable, and unmoveable in your industry. Her story resonates profoundly with me because it demonstrates how dedication and service can transform not just a career but an entire community.

    From her humble beginnings at Life of Jamaica in 1987, Monica pursued excellence through prestigious designations and shattered barriers to join the industry’s elite. Her transformative leadership as President of the Jamaica Association of Insurance and Financial Advisors demonstrated unwavering commitment, breathing new life into the organisation when others might have faltered. Perhaps most inspiring was her remarkable service to vulnerable populations during the darkest days of COVID.

    Monica’s guiding principle – “You are remembered not by what you gathered, but by what you scattered” – offers us a profound model for success that transcends personal achievement. Tonight, I invite each of you to follow Monica’s example: become unbreakable through continuous professional growth, become unstoppable through selfless service to others, and become unmovable in your commitment to excellence. Her remarkable legacy highlights the truth that when we embrace these principles, we too can create lasting impact that ripples through both our profession and our communities.

    Personal and Professional Growth: Your Path to Becoming Unstoppable

    Success in this field demands more than knowledge and expertise – it requires a mindset of resilience, adaptability, and above all, continuous learning. To truly embody being unbreakable, unmovable, and unstoppable like Monica, I invite you to embrace these transformative principles in your own development journey:

    First, commit yourself to lifelong learning. The financial services landscape, like most industries today, is evolving at breath-taking speed. Regulatory shifts, technological revolutions, and emerging risks make staying informed and continuously honing your skills absolutely essential. Embrace professional development opportunities, earn new certifications, and position yourself as a trusted expert whose knowledge illuminates the path forward. The Central Bank I lead maintains an enduring tradition of training and development, and we encourage all financial services professionals to invest in their growth.

    Second, build meaningful client relationships that transcend transactions. In this era of technological convenience, the human touch remains your most precious asset. Your ability to genuinely connect with clients, deeply understand their unique needs, and provide thoughtfully tailored financial solutions, sets you apart in a crowded marketplace. Remember – a truly effective financial advisor is far more than a salesperson; you are a strategic partner guiding your clients’ financial journeys. Don’t simply sell products – ensure they meet each client’s unique circumstances and aspirations. We’ve witnessed too many instances of product mis-selling globally, and I recognise that we as Caribbean people sometimes approach long-term investing with understandable caution.

    Third, strengthen the ethical foundations upon which everything else rests. Trust must remain the fundamental currency of your industry. The financial advisory profession stands or falls on transparency, integrity, and unwavering ethical responsibility. CARAIFA’s mission to uphold rigorous industry standards testifies to the critical importance of maintaining credibility and trustworthiness in every client interaction.

    Fourth, embrace technological innovation as your ally rather than your adversary. Digital transformation is reshaping financial services in ways we could scarcely imagine a decade ago. Whether leveraging data analytics to gain deeper client insights or utilising digital platforms for enhanced service delivery, technology should be viewed as a powerful enabler rather than a disruptive force. The more effectively you harness its capabilities, the more efficient and impactful your practice becomes. Now is the perfect moment to explore artificial intelligence and understand how it can dramatically enhance efficiency, productivity, and results, throughout the insurance industry.

    Fifth, adapt nimbly to our region’s changing economic environment. The Caribbean’s economic landscape continues to evolve rapidly. The average growth in Gross Written Premiums across various markets has been modest – 2 percent in Barbados, 3 percent in Belize, and 4 percent in the Eastern Caribbean – reflecting the persistent challenges we face in achieving robust economic expansion. As financial professionals, you must anticipate market shifts, develop sophisticated understanding of economic trends, and provide solutions that are not merely relevant but genuinely sustainable over time.

    Finally, and perhaps most importantly, bring others along on your journey to success. To borrow Monica’s profound personal motto, “You are remembered not by what you gathered, but by what you scattered.” Her wisdom embodies an essential truth. In the realm of insurance and financial services, success is often measured by metrics – policies written, revenue generated, profits earned. But the true measure of your legacy lies not in what you accumulate for yourself, but in the lasting impact you create in others’ lives. And impacting others’ lives positively is at the core of your business.

    Like the parable of the mustard seed – the smallest of all seeds that grows into a mighty tree providing shelter for many – each small act of service contains within it the potential for tremendous growth and impact. Every day presents opportunities to scatter seeds of service, to scatter seeds of mentorship, and to scatter seeds of kindness – seeds that, when nurtured, blossom into lasting relationships, thriving careers, and stronger communities.

    Just as the mustard seed’s greatness lies not in its size, but in its immense potential, your most significant contributions often begin as simple gestures of support. Whether providing mentorship to emerging professionals, engaging in community outreach, or leading by example, when you climb the ladder of success like Monica, you must extend a hand to pull others up alongside you. Remember always – from the smallest seeds come the most abundant harvests.

    Embracing Monica’s Legacy of Impact

    As I close and you reflect on the profound work you do, carry Monica’s powerful words in your heart: “You are remembered not by what you gathered, but by what you scattered.” Like her, your career represents far more than a job – it embodies a life-calling. Monica has shown us that true success lies in the lives you touch, in the colleagues you mentor, and in the communities you strengthen.

    You, like Monica, possess the power to transform countless lives by ensuring families remain financially secure, businesses continue to thrive, and communities build upon foundations of economic strength.

    You are unbreakable in your commitment to serving others, mirroring Monica’s steadfast resilience through challenges, from her humble beginnings to her emergence as an industry leader.

    You are unmovable in your dedication to financial empowerment, demonstrating the same resolve Monica showed when revitalising JAIFA’s headquarters and supporting seniors during the pandemic’s darkest hours.

    You are unstoppable in your pursuit of excellence, following Monica’s inspiring example of continuous growth from her early days at Life of Jamaica through earning prestigious designations and establishing new standards of achievement.

    As you move forward into tomorrow, know that, like Monica, the seeds you scatter today will grow into the forests of tomorrow. Let her extraordinary journey inspire you to see beyond numbers, beyond commissions, to the true, transformative impact of your work. May this congress serve as a catalyst igniting renewed passion, deeper knowledge, and even greater commitment to your noble profession – a commitment to being remembered not by what you gather, but by what you scatter.

    Together, embracing Monica’s spirit of service and excellence, and guided by the wisdom of the mustard seed parable, let us continue building a Caribbean that stands financially resilient, well-insured, and confidently prepared for whatever the future may bring.

    Thank you, and may this evening’s stars light your path forward.

    Enjoy your 36th congress.

    I thank you!

    MIL OSI Global Banks

  • MIL-OSI Banking: Abdul Rasheed Ghaffour: The changing landscape and talent development initiatives for Malaysia’s financial sector

    Source: Bank for International Settlements

    It is a privilege to stand before you at this conferment ceremony, where we celebrate the achievements of more than 600 individuals who demonstrated dedication and outstanding achievement in banking. We are also honouring the conferment of Honorary Fellowship to Governor Eli, and paying tribute to the lifetime achievement of Tan Sri Azman Hashim, Fellow Chartered Banker (FCB), both outstanding individuals who have made immense contributions and shown commitment to excellence, which we can all strive to emulate.

    About a month ago, we welcomed our regional partners for the ASEAN meetings. We had the opportunity to engage deeply on the region’s most pressing challenges, namely the uncertainty from the US tariff announcements, the acceleration of digital transformation and the urgency of promoting sustainability practices.

    These challenges underscore the critical need for the financial sector to adapt and evolve in response to an ever-changing landscape. To navigate these complexities, continuous investments in talent are not merely an option but a necessity. By equipping our workforce with the necessary skills and knowledge, we empower them to transform challenges into opportunities and drive our economy forward. The knowledge, devotion and tenacity that have brought all conferees together today are the essential foundations that will propel Malaysia to greater heights.

    Global trade uncertainty, digitalisation and sustainability will shape the financial sector landscape in Malaysia

    Ladies and gentlemen,

    Our banking sector has been no stranger to formidable challenges. Yet, in recent years, we have been faced with transformative forces that could redefine the landscape of banking. Allow me to expand on three pivotal areas which I mentioned earlier: economic uncertainty, digital transformation and sustainability, and their implications on the banking sector workforce.

    As I speak, global trade uncertainty continues to persist, arising from a growing push for greater protectionism and a shift away from globalised supply chains. As a small open economy, the escalation in trade tensions and global policy uncertainties will affect Malaysia. However, we are facing this from a position of strength. Our economy will continue to grow, anchored by continued household spending and steady expansion in investment activities. Externally, resilient underlying demand for E&E goods and a sustained momentum of tourism activity can cushion the impact of tariffs on our exports. Malaysia’s diversified product and export markets further underscore our resilience against external shocks.

    These shifts in economic outlook remind us that the global landscape is ever-changing, underscoring the need for resilience and adaptability in the face of these headwinds.

    On this, the banking sector plays a critical role in allocating capital efficiently to support economic growth and transformation. We have demonstrated robust expertise in traditional areas such as retail segments (mortgages and personal finance), as well as other mature corporate industries. However, as the financial landscape evolves, new opportunities are emerging that remain underexplored, offering potential for growth and innovation. Financing of trading activities such as shipping, aviation or aerospace, investments in data centres, and other high-growth industries, represent untapped avenues that could contribute meaningfully to our economic development. By broadening their focus and addressing these gaps, the banking sector can better position businesses to compete effectively on a global stage.

    In the wake of global trade uncertainties, the banking sector’s role in supporting domestic businesses becomes more pronounced. Banks must collaborate with industry players to identify new opportunities, leveraging on both financial expertise and industry insights. A workforce adept at risk management, market analysis and client advisory enables banks to offer innovative financial solutions to help businesses stay ahead.

    The next transformative force is the increasing pace of technological breakthroughs, a trend underpinned by the proliferation of artificial intelligence (AI), data and automation. The Malaysian banking sector has increasingly leveraged AI and automation for risk management, fraud detection and complex analysis to enhance operational efficiency and strengthen security. The use of AI-powered chatbots and virtual assistants has also allowed customers to benefit from enhanced and personalised customer experiences, often without the need to visit a bank branch.

    While technology has clear benefits for the financial sector, it needs to be adopted responsibly, balancing efficiency with risk management. Senior leaders in the banking sector have themselves expressed increasing concerns about new vulnerabilities introduced from AI adoption, such as cybersecurity, legal uncertainty related to operations, difficulties in controlling outcome accuracy and prejudice from model bias.1 The banking sector’s shift to leverage technology, in particular AI, to remain competitive must be underpinned by strong governance frameworks, stringent data privacy protections and the highest ethical standards across the workforce. To ensure responsible adoption of AI, banks need to develop an understanding of both the opportunities and risks associated with AI, and invest in training programmes to enhance AI awareness, create an organisation-wide culture of responsible AI adoption and help employees recognise potential risks.

    Let’s now turn to the third critical area: sustainable finance and environmental, social and governance considerations. This year’s ASEAN Chairmanship theme on sustainability underscores the region’s commitment to equitable growth and environmental stewardship.

    At our meeting in Milan earlier this month, the ASEAN+3 finance ministers and central bank governors reaffirmed our commitment to collaborate on transition finance, disaster risk financing, and climate resilience. The meeting also recognised the need to channel greater capital flows into green and sustainable projects, including large-scale regional initiatives such as the ASEAN Power Grid (APG) being pursued as part of our chairing of ASEAN this year. A report by AMRO highlighted that Southeast Asia will require over USD200 billion annually in climate-related investments to achieve its net-zero targets.

    As we delve into this important area, it is evident that these are not just environmental imperatives, but instead, a strategic priority area across the region. Therefore, the banking sector must integrate ESG factors into their core operations and decision-making. Banks play a pivotal role in channelling financial solutions and capital towards projects that are not only economically viable, but also environmentally and socially responsible. For example, the increasing importance of blended finance as a key lever in scaling up climate-aligned and impact-driven investment will require bankers to build skills that go beyond standard credit risk assessment. This shift requires a banking sector workforce which is well-equipped with the right knowledge and expertise to be able to not only reduce credit risk for lenders, but also contribute meaningfully to advancing sustainability priorities and meeting ambitious climate goals. 

    Significant efforts have been undertaken by talent affiliates, while more can be done by the industry to collectively upskill the workforce

    Ladies and gentlemen,

    Malaysia has invested significantly in developing talent in our financial sector. Over the years, we have developed a comprehensive ecosystem of talent affiliates providing training, certification and future-looking guidance on the skills needed by the financial sector. On this, I would like to take a moment to applaud the Asian Institute of Chartered Bankers (AICB), Islamic Banking and Finance Institute Malaysia (IBFIM) and Asian Institute of Insurance (AII) for their commitment in driving the development and encouraging the implementation of the Financial Sector Future Skills Framework (FSF) since its launch in July 2024. I also wish to highlight the important role played by financial institutions to further complement these efforts through their respective learning and development academies.

    While the financial services industry benefits from a good talent development ecosystem, more collective actions are needed to future-proof the workforce. In an era of rapid transformation, the question remains: Is the industry investing enough in talent to meet evolving business needs and remain competitive?

    With the FSF as a common dictionary on skills critical for the future, I call on the banking sector to accelerate efforts to foster knowledge acquisition in areas that are relevant to address both current industry challenges and needs, as well as emerging trends to prepare professionals for future opportunities. This includes building a deep understanding of the unique financial requirements of sectors that will catapult the growth of the Malaysian economy, and in tandem, enhancing technical skills in credit risk assessment for these sectors to ensure financing decisions are made sustainably. Additionally, training should also focus towards building capacity to address regional financing demands, particularly in infrastructure financing and blended financing, to support the long-term economic growth of the region. By equipping banking professionals with advanced capabilities and specialised expertise, the financial sector can proactively respond to emerging opportunities, ensuring its readiness to meet evolving economic challenges and contribute to Malaysia’s regional competitiveness.

    Equally important is the need to continuously nurture ethical and principled bankers who uphold the highest standards of integrity. In a rapidly changing financial landscape, the foundation of trust and accountability is indispensable for ensuring the sector’s long-term sustainability and resilience. AICB, alongside industry leaders, must emphasise the development of bankers who embody professionalism, ethical conduct, and a commitment to responsible practices.

    In closing, I would like to once again congratulate all conferees today. Your individual commitment to self development and dedication towards embodying the values of integrity, professionalism and expertise will collectively elevate the banking sector. Your achievement today is setting a benchmark for the industry and will hopefully inspire many others to follow in your footsteps.

    To Governor Eli, today’s honorary conferment recognises your exemplary leadership, transformative contribution and excellence within our profession. Through his previous role in the Bank for International Settlements (BIS), Governor Eli advanced research and discussions on regional and international finance, and has been recognised as one of the top-performing central bank governors globally in his current role. As a former professor and director at the Asia School of Business (ASB), Governor Eli has also significantly contributed towards strengthening central banking education through the development of the Master’s in Central Banking course.

    To Tan Sri Azman Hashim, the Lifetime Achievement Award is a fitting honour to an industry heavyweight whose visionary contributions have profoundly shaped and advanced the Malaysian banking sector.

    Malaysia’s financial system is renowned for its resilience, innovation and sound governance. But the true strength behind this success is our people. I end with a simple quote from Jack Welch, the CEO of General Electric for more than twenty years, ‘The most important job you have is growing your people’.

    Thank you, and I wish all of you a fruitful journey ahead.


    MIL OSI Global Banks

  • MIL-OSI Australia: Self-managed superannuation fund annual returns

    Source: New places to play in Gungahlin

    Record of SMSF annual returns

    The Self-managed superannuation fund annual return (NAT 71226) comprises your income tax, regulatory and member contributions reporting.

    Make sure your return is completed in its entirety, including SMSF auditor details. Otherwise, your lodgment will be rejected.

    As SMSFs assess their own tax debt or refund, a notice of assessment will not be issued. The lodgment of the return is deemed to be an assessment.

    For more information on the instructions for the relevant year, refer to Self-managed superannuation fund annual return instructions (NAT 71606).

    Lodgment due date

    Not all funds have the same lodgment due date. You should familiarise yourself with your fund’s lodgment obligations.

    For more information, refer to Lodge SMSF annual returns.

    Voluntary disclosure

    If you make a mistake in relation to information provided in your SMSF annual return, you may wish to make a voluntary disclosure. You can do this by lodging an amended SMSF annual return.

    To make a voluntary disclosure about an unrectified regulatory contravention, you should complete the SMSF regulatory contravention disclosure form or apply in writing.

    You can find out how and when to report using the SMSF early engagement and voluntary disclosure service.

    Amending the SMSF annual return

    To amend your SMSF annual return, (which is an approved form), you should resubmit the whole return, not just the parts you want to change. Let us know it’s an amendment by answering ‘yes’ at Question 5.

    If your amendment is for the 2010–11 or earlier income years, you must use the paper return form even if your agent lodged the original return online.

    If you have access to Online services for agents, you can lodge an amendment by providing a full SMSF annual return.

    SMSFs that have access to Online services for business can submit an amendment via a secure mail message.

    All other amendments must be requested using the paper SMSF annual return form.

    The Self-managed superannuation fund annual return instructions (NAT 71606) can assist you to complete the SMSF annual return.

    MIL OSI News

  • MIL-OSI USA: House Republicans Receive Official Request to Codify DOGE Cuts

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    House Republicans Receive Official Request to Codify DOGE Cuts

    Washington, June 3, 2025

    WASHINGTON — Speaker Johnson released the following statement to confirm the House received the Trump Administration’s rescissions request to cut $9.4 billion in wasteful spending identified by DOGE.

    “House Republicans will continue delivering on our mandate from the American people: to restore efficiency and accountability to the federal government. Today, we have officially received the rescissions request from the White House to eliminate $9.4 billion in wasteful foreign aid spending at State and USAID and the Corporation for Public Broadcasting, which funds NPR and PBS. The House will act quickly on this request.
     
    “Under President Trump, every federal taxpayer dollar is actually being used to serve the American people, not to fund a bloated bureaucracy or purely partisan pet projects. We thank Elon Musk and his DOGE team for identifying a wide range of wasteful, duplicative, and outdated programs, and House Republicans are eager to eliminate them.
     
    “This rescissions package reflects many of DOGE’s findings and is one of the many legislative tools Republicans are using to restore fiscal sanity. Congress will continue working closely with the White House to codify these recommendations, and the House will bring the package to the floor as quickly as possible.
     
    “Democrats continue to wail and complain – NOT at the fraud, waste, and abuse – but at the Trump Administration simply for exposing it. In fact, Democrats are the only ones in Washington who do not want to stop the egregious misspending of the people’s tax dollars. Democrats continue to defend corruption, while Republicans are delivering real accountability and real savings the American people demanded in November.”

    Background:

    • The Trump Administration has assembled a package that totals $9.4 billion in wasteful or unnecessary spending identified by DOGE.
    • This package will codify DOGE cuts which include $8.3 billion in wasteful foreign aid spending and a $1.1 billion recission of federal funding for the Corporation for Public Broadcasting (CPB), which provides funds to NPR and PBS.

    Process:

    • Under the Impoundment Control Act (ICA), the Administration may transmit a request to Congress to rescind previously appropriated funds through a rescissions package. Such a package only requires a simple majority vote in the Senate to be enacted.
    • Transmittal of a package triggers a 45-day clock, during which funds in accounts included in the rescissions package are withheld from obligation pending congressional action.   

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    MIL OSI USA News

  • MIL-OSI USA: House Republican Leadership Statement on Rescissions

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    WASHINGTON — Speaker Johnson, Leader Scalise, Whip Emmer, and Chairwoman McClain released the following joint statement after Congress officially received the Trump Administration’s rescissions request:

    “Today, the House has officially received the rescissions request from the White House to eliminate $9.4 billion in wasteful foreign aid spending at the State Department and USAID and the Corporation for Public Broadcasting, which funds NPR and PBS. 

    “Now that this wasteful spending by the federal government has been identified by DOGE, quantified by the Administration, and sent to Congress, House Republicans will fulfill our mandate and continue codifying into law a more efficient federal government. This is exactly what the American people deserve.

    “Next week, we will put the rescissions bill on the floor of the House and encourage all our Members to support this commonsense measure.” 

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    MIL OSI USA News