Category: Technology

  • MIL-OSI: Navatar Unveils AI-Powered CRM That Meets Dealmakers Where They Work From Outlook to Slack to CRM: Private Equity’s First Truly Embedded Intelligence Platform For Salesforce

    Source: GlobeNewswire (MIL-OSI)

    LONDON and NEW YORK, July 23, 2025 (GLOBE NEWSWIRE) — Navatar, the leading cloud platform for private equity and investment banking, today announced the launch of its next-generation, fully AI-powered CRM. Designed to meet the fast-evolving needs of private capital markets, the new Navatar platform combines intelligence, automation, and usability—solving one of the biggest challenges firms face when trying to put AI to work: data.

    In a recent Harvard Business Review article, “How Private Equity Firms Are Creating Value with AI”, highlighting the industry’s rapid embrace of artificial intelligence – from identifying targets to improving portfolio performance – the authors note a common bottleneck: without structured, usable data, AI tools can’t deliver their full potential.

    “Everyone wants to use AI, but few have the data to make it work,” said Alok Misra, CEO of Navatar. “That’s because most CRMs are still clunky, inflexible systems that require painful manual data entry. We built the new Navatar platform to break that cycle.”

    A Media Snippet accompanying this announcement is available by clicking on this link.

    Navatar automatically captures relevant information from Outlook, LinkedIn, Slack, call notes, documents and third-party data—turning your team’s daily activity into structured, usable intelligence for AI to operate on. No more chasing team members to update fields or fill out forms.

    While many firms invested in legacy, highly customized CRMs, they’ve found themselves stuck: the systems are slow to change, hard to use, and often ignored by the very people driving deals.

    Navatar flips that experience on its head—offering:

    • Built-in automation to eliminate manual data entry
    • Automated multi-tagging for people, companies, deals and more
    • Embedded AI across sourcing, diligence, fundraising, and portfolio management
    • Fast time-to-value without the need for costly customization
    • A modern user experience that keeps deal teams coming back

    AI Where You Work: Inside Outlook, Navatar or Slack

    Navatar combines the best of Salesforce AI (Agentforce 3) and Microsoft Copilot so dealmakers no longer need to log into a CRM to get intelligence. Whether working inside Outlook, Navatar or Slack, users receive real-time insights, recommendations, and automation—all natively delivered in the tools they already use.

    Within Microsoft Outlook

    • Smart Relationship Insights: Get a 360° view of any contact—who knows them internally, recent interactions, open deals, and more—directly inside your inbox.
    • Email Summarization & Action Suggestions: AI summarizes long email threads and suggests follow-ups, tasks, and next steps.
    • Deal Context at Your Fingertips: See associated deals, stages, and pipeline status without leaving Outlook.
    • Automated Meeting Prep: Copilot briefs you before a meeting by pulling intelligence from emails, calendar invites, past notes, and CRM activity.
    • Task & Data Capture: Turn meeting notes and emails into structured CRM entries automatically—no copy-pasting.

    Within Navatar

    • Thematic Deal Sourcing: Surface emerging trends and high-fit targets based on proprietary and third-party data analysis.
    • Predictive Scoring: Rank inbound deals or prospects by likelihood to convert, based on past behavior and firm strategy.
    • Relationship Intelligence: Auto-map referral paths, warm intros, and deal team connectivity using AI across your team’s network.
    • Document Intelligence: Use natural language processing to extract key terms, risks, and summaries from CIMs, pitch decks, and earnings calls.
    • Pipeline Management: AI generated deal summaries for easy pipeline reporting.
    • Automated Task Management: AI creates tasks, follow-ups based on triggers.
    • Portfolio Alerts: Get AI-generated notifications on portfolio company performance shifts or risk flags.
    • Fundraising & LP Intelligence: Personalize LP communications, score investor engagement, and automate routine updates.

    Within Slack

    • CRM Alerts in Slack: Receive pipeline updates, LP activity alerts, and portfolio company notifications directly in relevant Slack channels.
    • Conversation-to-CRM Linkage: Slack messages can be tagged and associated with deals, contacts, or tasks inside Navatar, making it easy to capture institutional knowledge.
    • AI Summaries & Actions: AI monitors key deal-related channels and suggests follow-ups, summaries, or actions.
    • Frictionless Collaboration: Deal teams can share notes, escalate issues, or push tasks to CRM—all from Slack.

    “We’re not just embedding AI into a CRM—we’re embedding it into the workflow,” said Misra. “Whether you’re in Outlook, Slack, or Navatar itself, the intelligence meets you where you are.”

    For more information on Navatar for Private Equity, please visit:

    https://www.navatargroup.com/salesforce-for-private-equity-crm-software/

    About Navatar

    Navatar (@navatargroup), the CRM platform for alternative assets and investment banking firms, is a low-touch, high-impact intelligence engine purpose-built for private markets. Now fully AI-powered, Navatar captures intelligence automatically and delivers insights directly into Outlook, Slack, and CRM—transforming routine activity into firmwide intelligence.

    Built on Salesforce and integrated with Microsoft Copilot, the platform eliminates manual data entry, unifies deal and relationship context, and orchestrates complex workflows without disrupting how investment professionals work. Backed by over two decades of CRM expertise, Navatar is used by hundreds of global firms to drive institutional knowledge, gain early access to opportunities, and execute smarter, faster.

    For more information, visit www.navatargroup.com.
    Sales Team
    Navatar
    sales@navatargroup.com

    The MIL Network

  • MIL-OSI: Prosafe SE: Commencement of subscription period for the Warrants Offering

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL 

    Reference is made to the stock exchange announcement made by Prosafe SE (“Prosafe” or the “Company“) on 18 July 2025 regarding the publication of a prospectus (the “Prospectus“) approved by the Norwegian Financial Supervisory Authority for, inter alia, the offering of up to 17,868,651 warrants (the “Warrants“) (the “Warrants Offering“).

    The subscription period for the Warrants Offering (the “Subscription Period“) commences today, 23 July 2025 at 09:00 hours (CEST) and expires on 6 August 2025 at 16:30 hours (CEST), unless extended in accordance with the terms set out in the Prospectus.

    The Warrants may be subscribed for by shareholders of the Company as of 16 May 2025, as recorded in the Company’s shareholder register in Euronext Securities Oslo (VPS) on 20 May 2025 (the “Record Date“) (the “Eligible Shareholders“). The Eligible Shareholders shall have a preferential right to subscribe for and be allocated the Warrants in proportion to their shareholding in the Company on the Record Date, pursuant to Section 11-13 of the Norwegian Public Limited Liability Companies Act, cf. Section 10-4. The preferential right to subscribe for the Warrants may not be transferred by the Eligible Shareholders. Oversubscription or subscription without subscription rights is not permitted. The Warrants may not be subscribed for by investors in jurisdictions where such subscription is not permitted or where the offering of such warrants is not legally allowed.

    No consideration shall be paid for the Warrants. The Warrants shall not be transferable. The Warrants will be registered in Euronext Securities Oslo (VPS).

    Subscriptions for Warrants must be made by submitting a correctly completed subscription form to the Receiving Agent (as defined below) during the Subscription Period, or may, for subscribers who are residents of Norway with a Norwegian personal identification number, be made online during the Subscription Period. Please see the Prospectus for further information about the Warrants Offering, including subscription procedures and the complete terms of the Warrants Offering. The Prospectus (including the subscription form for the Warrants Offering) is, subject to applicable securities laws, available on the Company’s website: www.prosafe.com.

    Subscriptions may only be made on the basis of the Prospectus. Allocation of Warrants will be made by the Company’s board of directors based on the number of Warrants subscribed for by each shareholder in accordance with the number of Warrants each subscriber has the right to subscribe for.

    The Warrants may be exercised during the period starting at 09:00 (CEST) on 11 August 2025 and concluding at 16:30 (CEST) on 25 August 2025 (the “Exercise Period“). One Warrant entitles the holder to request the issuance of one ordinary share in the Company. Eligible Shareholders having validly subscribed for and been allocated Warrants will receive an exercise form prior to the Exercise Period. Exercise shall be carried out by submitting a correctly completed exercise form to the Receiving Agent (as defined below) during the Exercise Period, or may, for Warrant holders who are residents of Norway with a Norwegian personal identification number, be made online during the Exercise Period. Warrants that are not exercised before the expiry of the Exercise Period will have no value and will lapse without compensation to the holder.

    To the extent members of the Company’s board of directors or management or closely related parties of such are prohibited from exercising Warrants in the Exercise Period due to securities law restrictions, these shall have the right to exercise Warrants during a period which expires two weeks after such restrictions lapse, as set out in the resolution to issue the Warrants at the Company’s extraordinary general meeting held on 16 May 2025 (the “EGM“). Exercises can in any case not take place after 31 December 2025.

    The subscription price upon exercise of the Warrants is EUR 0.01 per new share. Pursuant to the resolution adopted by the EGM, the Company plans to establish a NOK-based exchange mechanism for the contribution, whereby each exercising Warrant holder will be debited a NOK amount covering the EUR subscription amount, currently expected to be NOK 0.15 per share.

    Advokatfirmaet Schjødt AS acts as legal advisor to the Company in connection with the Warrants Offering. DNB Issuer Services, a part of DNB Bank ASA (the “Receiving Agent” as well as the “Settlement Agent“) acts as both the Receiving Agent and Settlement Agent for the Company in connection with the Warrants Offering.

    For further information, please contact:

    Terje Askvig, CEO

    Phone: +47 952 03 886

    Reese McNeel, CFO

    Phone: +47 415 08 186

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the requirements of Oslo Børs’ Continuing Obligations.

    About Prosafe

    Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com (https://www.prosafe.com/)

    Important information

    This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

    The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act“), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering or their securities in the United States or to conduct a public offering of securities in the United States. Any sale in the United States of the securities mentioned in this announcement will be made solely to “qualified institutional buyers” as defined in Rule 144A under the Securities Act.

    In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression “Prospectus Regulation” means Regulation 2017/1129 as amended together with any applicable implementing measures in any Member State.

    This communication is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only for relevant persons and will be engaged in only with relevant persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

    Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe”, “expect”, “anticipate”, “strategy”, “intends”, “estimate”, “will”, “may”, “continue”, “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control.

    Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in investment levels and need for the Company’s services, changes in the general economic, political and market conditions in the markets in which the Company operate, the Company’s ability to attract, retain and motivate qualified personnel, changes in the Company’s ability to engage in commercially acceptable acquisitions and strategic investments, and changes in laws and regulation and the potential impact of legal proceedings and actions. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not provide any guarantees that the assumptions underlying the forward-looking statements in this announcement are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this announcement or any obligation to update or revise the statements in this announcement to reflect subsequent events. You should not place undue reliance on the forward-looking statements in this announcement. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement.

    This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities in the Company.

    The MIL Network

  • MIL-OSI Russia: More than practice: graduates of capital colleges showed their skills at a demonstration exam

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Demonstration exams have been completed in the capital’s colleges. This year, more than 25,000 graduates took part in the tests. As part of the certification, they demonstrated their skills in conditions as close as possible to real production. This was reported by the press service of the capital’s Department of Education and Science.

    “The demonstration exam is conducted not only in college workshops and laboratories, but also at leading employers’ sites. Based on the results of the certification, graduates receive a digital competency passport – a document with scores for various indicators clearly shows the skills of young specialists and helps employers evaluate their training. In total, over 25 thousand students from Moscow colleges passed the demonstration exam this year, of which more than 15 thousand received excellent marks. The most successful received a job offer,” the department’s press service said.

    Thus, graduates of the Moscow Transport College in the specialty “technical operation of rolling stock of railways” demonstrated their professional competencies at the Moscow Metro. During the exam, they performed operations on the technical maintenance of the current collector and safety valve of the electric train. The guys were faced with the task of identifying and replacing faulty elements, and most of them did an excellent job.

    Students from the A.A. Nikolaev Moscow Automobile and Road College and the I.A. Likhachev Moscow Technological College were able to demonstrate their skills in updated laboratories and workshops. Future specialists diagnosed faults in the chassis, steering and braking systems, disassembled and assembled engines, eliminated faults in electrical equipment, and adjusted wheel alignment angles. Representatives of leading industry companies such as Rolf, Avtogermes, Setrans, Avtotrans, Favorit Motors, MASH, Haval Motor Manufacturing Rus, Severny Put, AMO and the Irbis Group of Companies acted as experts.

    Students of the capital’s college will learn to repair cars using virtual technologies

    Students of Polytechnic College No. 8 named after twice Hero of the Soviet Union I.F. Pavlov and Moscow State Educational Complex passed a demonstration exam at the site of practical training of Moscow colleges “Rudnevo”. Future electricians assembled signal analyzers, eliminated coded faults and adjusted equipment. Welders worked with carbon and alloy steel and made seams. Machine operators adjusted equipment, manufactured parts on it, checked the obtained accuracy and quality of products. Representatives of partner enterprises monitored the progress of the tasks: Moscow Machine-Building Plant “Avangard”, Moscow Design and Production Complex “Universal” named after A.I. Privalov, production complex “Salut” of JSC “United Engine Corporation” of Rostec.

    Students of the College of Architecture, Design and Reengineering No. 26 demonstrated professional skills in the field of polymer composite manufacturing technology. Young craftsmen developed product drawings, compiled an operational map of the technological process and calculated the characteristics according to which they manufactured a compressed gas cylinder from basalt plastic.

    The exam was held at the State Research Institute (RI) of Graphite-Based Structural Materials “NIIgrafit” of the state corporation “Rosatom”. As Deputy Director for Science and Innovations of this institute Artur Gareev noted, before the exam, students underwent intensive specialized training in the laboratories and workshops of the institute. According to him, the demonstration exam became an objective confirmation that graduates have all the necessary competencies to work with modern polymeric materials and technologies.

    The Institute has been fruitfully cooperating with the College of Architecture, Design and Reengineering No. 26 for seven years, annually accepting up to 40 students for practical training in various specialties. The most talented and motivated students join the team of specialists. Today, graduates of this college successfully work in key divisions of the Research Institute, for example, in the testing center, the functional materials department and the technology department, and make a real contribution to the development of materials science and high-tech production.

    Exhibition of professions: how open days are held at the College of Architecture, Design and Reengineering No. 26

    At the updated culinary training ground, students of the Moscow educational complex “West” studying in the areas of “cooking and confectionery” and “cook, confectioner” took a demonstration exam. The guys prepared dishes using classic and modern technologies – from stewing and baking to tempering and working with a vacuum. Experts assessed compliance with sanitary standards, taste qualities, organization of the workplace and accuracy of recipes.

    “Taking the demonstration exam was nerve-wracking, but incredibly valuable. After all, you work under the supervision of experts and must show results not just for a grade, but according to professional standards. This is a real simulation of the conditions of a professional kitchen. During the exam, I understood how important it is to organize the workplace and the logic of actions – everything that the masters taught. In college, I learned to work according to regulations, keep the pace, control the quality of products at each stage and observe safety precautions. Now I work in a restaurant as a hot shop cook and I can say: the demonstration exam was the final test of professionalism for me,” said Sofia Sitnikova, a graduate of the Moscow educational complex “West”.

    Future tourism specialists from the College of Hospitality Industry and Management No. 23 confirmed their professional competencies at the Lotte Hotel Moscow. They met and accommodated guests, made work schedules, conducted business correspondence and developed communication templates with clients. Experts assessed politeness, literacy and understanding of the principles of hotel service.

    This year, the number of budget places in Moscow colleges for ninth-graders in the capital has increased to a record 43 thousand. Applicants can choose from more than 150 professions and specialties in all sectors of the city’s economy.

    Moscow ninth-graders who graduated from school this year will be able to submit applications until July 26. The application period for programs with entrance examinations has ended. Moscow ninth-graders of previous years, Moscow eleventh-graders, as well as out-of-town applicants will be able to submit applications until August 15, and for programs with entrance examinations – until August 10.

    Applicants are allowed to choose five specialties at one educational institution at the same time or distribute them among several. Applications can be submitted electronically viamos.ru portal.

    Detailed information about in-demand professions and specialties taught in the capital’s colleges is available on the website “Colleges of Moscow”, in the same names telegram channel and the community on the social network “VKontakte”.

    Sharpening Your Skills. Teachers on How Internships Work in Moscow Colleges

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

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

    .

    MIL OSI Russia News

  • MIL-OSI: Equinor second quarter 2025 results

    Source: GlobeNewswire (MIL-OSI)

    Equinor (OSE:EQNR, NYSE:EQNR) delivered an adjusted operating income* of USD 6.53 billion and USD 1.74 billion after tax* in the second quarter of 2025. Equinor reported a net operating income of USD 5.72 billion and a net income of USD 1.32 billion. Adjusted net income* was USD 1.67 billion, leading to adjusted earnings per share* of USD 0.64.

    Solid financial results

    • Strong operational performance and production growth
    • Higher US onshore gas production capturing higher prices
    • Stable cost and capex in line with guidance
    • Balance sheet remains robust through lower price environment

    Strategic progress

    • Delivered key milestones on Johan Castberg, Johan Sverdrup phase 3 and Fram South/Troll
    • Announced divestment of the Peregrino field in Brazil for USD 3.5 billion
    • Financial close of Baltyk 2 & 3 offshore wind projects in Poland
    • Empire Wind 1 project development back in execution. Impairments driven by regulatory changes for future offshore wind projects leading to a loss of future synergies on South Brooklyn Marine Terminal, and increased exposure to tariffs

    Capital distribution

    • Ordinary cash dividend of USD 0.37 per share, third tranche of share buy-back of up to USD 1.265 billion
    • Expected total capital distribution of USD 9 billion in 2025

    Anders Opedal, President and CEO of Equinor ASA:

    “We are on track to deliver production growth in 2025 in line with our guidance. Strong operational performance and Johan Castberg reaching plateau are key contributors this quarter. In today’s volatile markets we stay committed to being a long-term energy provider to Europe.”

    “Last year, we strengthened our onshore gas portfolio in the US and this has created substantial value this quarter, with a fifty percent increase in gas production at prices almost eighty percent higher than the same time last year.“

    “We continue to progress our portfolio in renewables, and the Empire Wind 1 project development is back in execution. We have reached financial close for the Baltyk 2 & 3 offshore wind projects in Poland at favourable terms, contributing to strong returns.”

    Solid production

    Equinor delivered a total equity production of 2,096 mboe per day in the second quarter, up 2% from 2,048 mboe in the same quarter last year.

    On the Norwegian continental shelf the operational performance was strong. New production from the Johan Castberg field reaching plateau and Halten East contributed. Together, this offset natural decline, impact from the turnaround at Hammerfest LNG and maintenance at the Kollsnes processing plant.

    The acquisition of additional interests in US onshore assets in 2024, and higher production from these assets, contributed to a 28% increase in oil and gas production from US in the second quarter, compared to the same period last year.

    The production from the international upstream segment, excluding US, is down compared to the same quarter last year, due to exits from Nigeria and Azerbaijan in 2024. Higher production in Brazil, and new wells in Argentina and Angola, contributed positively.

    The total power generation from the renewable portfolio was 0.83 TWh. The increase compared to second quarter last year is due to ramp up of power production from Dogger Bank A and new production from the onshore wind farm Lyngsåsa in Sweden which was acquired in first quarter 2025.

    In the quarter, Equinor completed 5 offshore exploration wells on the NCS with 2 commercial discoveries.

    Strong financial results

    Equinor delivered an adjusted operating income* of USD 6.53 billion and USD 1.74 billion after tax* in the second quarter of 2025. The results are affected by lower liquids prices, which were partially offset by higher gas prices and higher production.

    The reported net operating income of USD 5.72 billion is down from USD 7.66 billion in the same quarter last year. This is impacted by an impairment of USD 955 million due to regulatory changes causing loss of synergies from future offshore wind projects and increased exposure to tariffs. Of this, USD 763 million is related to Empire Wind 1/South Brooklyn Marine Terminal project and the remainder is related to the Empire Wind 2 lease.

    Equinor realised a European gas price of USD 12.0 per mmbtu and realised liquids prices were USD 63.0 per bbl in the second quarter.

    Adjusted operating and administrative expenses* are stable from the same quarter last year.

    Strong operational performance generated cash flows provided by operating activities, before taxes paid and working capital items, of USD 9.17 billion for the second quarter.

    Equinor paid two NCS tax instalments totalling USD 6.85 billion in the quarter. From August, the payments of tax on the NCS will be changed to ten installments annually, and for third quarter Equinor expects to pay two installments of NOK 19.7 billion each.

    Cash flow from operations after taxes paid* ended at USD 1.94 billion.

    Organic capital expenditure* was USD 3.40 billion for the quarter, and total capital expenditures were USD 3.58 billion.

    The net debt to capital employed adjusted ratio* was 15.2% at the end of the second quarter, compared to 6.9% at the end of the first quarter of 2025. The calculation of net debt ratio includes the effect of the Norwegian state’s share of the share buy-back, at USD 4.26 billion paid in July.

    Strategic progress

    Since the end of the last quarter, Equinor progressed projects to facilitate long-term production and value creation on the Norwegian continental shelf. The plan for development and operation on Fram South was submitted and final investment decision was made on Johan Sverdrup phase 3 in the North Sea which are  expected to increase the recoverable volumes from the field by 40-50 million boe.

    After less than three months in production, the Johan Castberg field in the Barents Sea reached plateau on 17 June. The same month, an oil discovery estimated at approximately 9-15 million barrels was made in the area and can contribute with additional reserves for the field.

    Equinor and Centrica signed a long-term gas sales agreement of 55 TWh of natural gas per year for a period of 10 years, demonstrating the importance of long-term gas supplies from the NCS to support the UK’s energy security.

    Equinor continues to high-grade its international portfolio. In the quarter, the sale of the Peregrino field in Brazil for USD 3.5 billion was announced. Equinor will focus on the start-up of the Bacalhau field expected on stream later in 2025 and progressing the Raia gas project. New exploration acreage in the Santos basin was awarded.

    Financial close was announced on the Baltyk 2 and Baltyk 3 offshore wind projects with financing packages totalling EUR 6 billion. The wind projects are located offshore Poland with an expected total capacity of 1.4 GW.

    Competitive capital distribution

    The board of directors has decided a cash dividend of USD 0.37 per share for the second quarter of 2025, in line with communication at the Capital Markets Update in February.

    Expected total capital distribution for 2025 is USD 9 billion, including a share buy-back programme of up to USD 5 billion. The board has decided to initiate a third tranche of the share buy-back programme of up to USD 1.265 billion. The tranche will commence on 24 July and end no later than 27 October 2025.

    The second tranche of the share buy-back programme for 2025 was completed on 17 July 2025 with a total value of USD 1.265 billion.

    All share buy-back amounts include shares to be redeemed by the Norwegian state.

    – – –

    *For items marked with an asterisk throughout this report, see Use and reconciliation of non-GAAP financial measures in the Supplementary disclosures.

    – – –

    Further information from:

    Investor relations
    Bård Glad Pedersen, Senior vice president Investor relations,
    +47 918 01 791 (mobile)

    Press
    Sissel Rinde, Vice president Media relations,
    +47 412 60 584 (mobile)

    This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

    Attachments

    The MIL Network

  • MIL-OSI Russia: NSU Advanced Engineering School Launches Three Advanced Training Programs as Part of the National Project “New Materials and Chemistry”

    Translation. Region: Russian Federal

    Source: Novosibirsk State University –

    An important disclaimer is at the bottom of this article.

    The NSU Advanced Engineering School has launched three unique advanced training programs within the framework of the national project “New Materials and Chemistry”. These courses are aimed at training specialists capable of solving critical import substitution problems in high-tech industries. The training is free thanks to a state subsidy.

    The national project “New Materials and Chemistry” sets an ambitious goal: to achieve technological independence of Russia in the production of chemical products, advanced materials and rare earth metals by 2030. To do this, it is necessary to train a new generation of personnel – engineers who are proficient in digital design tools and capable of implementing innovations.

    NSU PISh was among the winners of the competition of the Ministry of Education and Science of the Russian Federation for the provision of subsidies for the implementation of educational programs. Director of NSU PISh Sergey Golovin noted:

    — The training of elite engineers is carried out through a project approach with the participation of high-tech companies. These courses are a tool for closing the personnel shortage in strategic sectors of the economy.

    The courses were developed jointly with industrial partners – enterprises of the petrochemical cluster, and cover popular areas of CFD modeling.

    Basic Course on Modeling Flow Dynamics in Ansys Fluent CFD Package 

    The ANSYS software suite is an advanced suite of computer-aided engineering modeling tools that uses the finite element method.

    The main objective of this course is to introduce students to the basic principles of CFD (computational fluid dynamics) modeling. Three main stages can be distinguished: preprocessing — preparation of a geometric model, creation of a finite element mesh, setting the physical properties of the medium, initial and boundary conditions; calculation stage, postprocessing — visualization and interpretation of the obtained calculation results, assessment of the adequacy of the selected model. The course covers all stages of hydrodynamics modeling in the Ansys environment. As a result, each participant in the program will be able to solve several problems from start to finish using the Ansys Fluent package.

    Video about the course 

    Computer simulation of reactive flows in the Ansys Fluent software package

    Ansys Fluent can be used to simulate a wide range of chemical processes.

    There are several approaches to mathematical modeling of chemical processes. This course examines an approach that simultaneously calculates both flow hydrodynamics and chemical transformations. This is possible using the Ansys Fluent package, a modern and versatile software suite that allows you to take into account the flow of the medium, the thermal processes that occur during this, as well as chemical transformations during reactions and combustion. Students will not only learn about the theoretical foundations of mathematical models, but will also solve several problems – from creating a geometric model and constructing a grid to performing calculations and processing the results.

    Video about the course

    Course on modeling heat transfer processes in the CFD package Ansys Fluent

    All types of heat transfer, such as conduction, convection and radiation, can be calculated in the Ansys Fluent software package.

    There are three types of heat exchange: conduction, convection and radiation. The course offers basic mathematical models for all of the above processes. Using the example of such problems as mixing liquids of different temperatures, heating a thick-walled closed metal cell with air, and propagation of a rectilinear radiation beam, students will learn about choosing physical models in the Ansys Fluent PC, setting the physical properties of the medium for such problems, and will gain experience in solving them and processing the results. The course will be an excellent starting point for modeling heat exchange problems in hydrodynamics.

    Video about the course

    The courses are designed for students and citizens of the Russian Federation with higher or secondary specialized education. All programs are conducted remotely with a flexible schedule. Upon completion of training, participants receive a state-issued certificate of advanced training.

    You can choose a course and register by link

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

    .

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: LCQ7: Technology and Living curriculum

    Source: Hong Kong Government special administrative region

    Following is a question by the Hon Dennis Leung and a written reply by the Secretary for Education, Dr Choi Yuk-lin, in the Legislative Council today (July 23):
     
    Question:
     
    The Technology Education Key Learning Area Curriculum was fully implemented at the junior secondary level in the 2016-2017 school year, with “Technology and Living” as one of the covered knowledge contexts. At the junior secondary level, many schools adopt a subject-based learning approach, implementing relevant learning element modules through subjects such as Home Economics. At the senior secondary level, Technology and Living is one of the elective subjects, in which students may choose to study learning strands related to “clothing” (i.e. “Fashion, Clothing and Textiles’) or “food” (i.e. “Food Science and Technology”). These strands serve as a foundation for students’ lifelong learning by providing a range of pathways for students with varying abilities and aptitudes, meeting their needs at different developmental stages and supporting the development of personal interests. In this connection, will the Government inform this Council:
     
    (1) of the following information regarding secondary schools in each of the 18 districts across the territory that have offered the subject of Home Economics at the junior secondary level (i.e. Secondary One to Three) over the past three school years: (i) the name, (ii) the financing mode (i.e. government, Direct Subsidy Scheme, private or subsidised) and (iii) the type (i.e. boys’ school, girls’ school, or co-educational school) of the school, (iv) the number of students enrolled in the subject each year (set out by gender), (v) whether the subject of Technology and Living (Fashion, Clothing and Textiles strand) was offered at the senior secondary level, (vi) whether the subject of Technology and Living (Food Science and Technology strand) was offered at the senior secondary level, and (vii) whether the school is equipped with Home Economics room facilities (set out in Table 1);

    Table 1

    District (i) (ii) (iii) (iv) (v) (vi) (vii)
    2022-2023
    school year
    2023-2024
    school year
    2024-2025
    school year
    Male Female Male Female Male Female
                             

     
    (2) of the following information regarding secondary schools in each of the 18 districts across the territory that have offered the subject of Technology and Living (Fashion, Clothing and Textiles) and the subject of Technology and Living (Food Science and Technology) at the senior secondary level (i.e. Secondary Four to Secondary Six) over the past three school years: (i) the name, (ii) the financing mode and (iii) the type of the school as mentioned in (1), (iv) the number of students enrolled in these subjects each year (set out by gender) and (v) the number of students sitting for the Hong Kong Diploma of Secondary Education in these subjects each year (set out by gender) (set out in Table 2);

    Table 2

    District (i) (ii) (iii) (iv) (v)
    2022-2023
    school year
    2023-2024
    school year
    2024-2025
    school year
    2023 2024 2025
    Male Female Male Female Male Female Male Female Male Female Male Female
    Subject of Technology and Living (Fashion, Clothing and Textiles)
                                   
    Subject of Technology and Living (Food Science and Technology)
                                   

     
    (3) of the following information regarding teachers currently teaching the junior secondary Home Economics subject or the senior secondary Technology and Living curriculum across all secondary schools in Hong Kong: (i) the number of teachers, (ii) the median age, (iii) the minimum and (iv) the maximum age, (v) the number of teachers teaching only the junior secondary Home Economics subject, (vi) the number of teachers teaching only senior secondary Technology and Living subject, and (vii) the number of teachers teaching both subjects, with a breakdown by position (i.e. subject panel heads and subject teachers) (set out in Table 3); and
     
    Table 3

    Position (i) …… (vii)
    Subject panel head      
    Subject teacher      

     
    (4) as it is learnt that some schools no longer offer the junior secondary Home Economics subject or the senior secondary Technology and Living curriculum, whether the Government has examined the reasons why some schools have continued to offer such subject or curriculum while other have discontinued them; whether the authorities have other educational resources or programmes in place to encourage students to delve deeper into knowledge related to food or clothing, further consolidate the generic skills they acquired at the junior secondary level, and assist them in constructing new knowledge, thereby nurturing their lifelong learning capabilities; if so, of the specific details, and how schools have responded to such educational resources or programmes; if not, the reasons for that?
     
    Reply:

    President,
     
    Technology Education is one of the eight Key Learning Areas of our school curriculum. It covers six compulsory knowledge contexts, one of which is Technology and Living. Junior secondary students are required to study the learning elements relating to the knowledge context of Technology and Living, while senior secondary students may take Technology and Living as an elective subject.
     
    The reply to the written question raised by the Hon Dennis Leung is as follows:
     
    (1) and (2) While it is compulsory for all students to study the learning content of the knowledge context of Technology and Living at the junior secondary level, schools may implement the curriculum in different modes subject to the needs of their students. The relevant learning content may be presented in the form of a separate subject or covered in different modules, etc. According to the information submitted by schools, there are about 340 schools teaching the knowledge context of Technology and Living as a separate subject with “Home Economics” or “Technology and Living” as the subject name. Some schools adopt a modular approach to teach the learning content of the knowledge context of Technology and Living, promoting and implementing STEAM (science, technology, engineering, arts and mathematics) education through the relevant content, breaking subject boundaries, and expanding learning coverage. To support some schools which are unable to provide all the learning content of the knowledge context of Technology and Living at the junior secondary level, the Arts and Technology Education Centre under the Education Bureau (EDB) offers relevant courses for students to cater for their needs.
     
    At the senior secondary level, students can choose either the “Food Science and Technology (FST)” strand or the “Fashion, Clothing and Textiles (FCT)” strand. According to the Survey on Senior Secondary Subject Information conducted by the EDB in 2022/23 and 2023/24 school years, as well as the 2023 and 2024 Hong Kong Diploma of Secondary Education Examination (HKDSE) entry statistics compiled by the Hong Kong Examinations and Assessment Authority (data of the 2024/25 school year for the above survey and statistics are not available for the time being), the implementation of the subject of Technology and Living in schools is as follows:
     
    Technology and Living (FCT)

    No. of schools offering the subject No. of students studying the subject No. of candidates sitting for the HKDSE
    2022/23 school year 2023/24 school year 2022/23 school year* 2023/24 school year* 2023 HKDSE 2024 HKDSE
    5 5 Male Female Male Female Male Female Male Female
    24 116 24 110 6 28 8 37

    *Including Secondary Four to Six students
     
    Technology and Living (FST)

    No. of schools offering the subject No. of students studying the subject No. of candidates sitting for the HKDSE
    2022/23 school year 2023/24 school year 2022/23 school year* 2023/24 school year* 2023 HKDSE 2024 HKDSE
    19 13 Male Female Male Female Male Female Male Female
    161 376 148 376 35 118 35 78

    *Including Secondary Four to Six students
     
    The EDB does not have further breakdown of the number of schools in each district offering Home Economics/Technology and Living at the junior secondary level and Technology and Living at the senior secondary level, as mentioned in the question.
     
    (3) According to government statistics, as at September 2024, there are about 440 public sector and Direct Subsidy Scheme secondary schools across the territory with around 430 Home Economics/Technology and Living teachers aged 21 to 66, with the median age of 46. Regarding the number of teachers who only teach in junior/senior secondary level, and those who teach in both junior and senior secondary levels, the EDB does not maintain such data.
     
    (4) Regarding the implementation of the knowledge context of Technology and Living in Technology Education, schools may adopt different modes of implementing the curriculum at the junior secondary level and decide whether to offer Technology and Living at the senior secondary level, having regard to the school missions and objectives, the expertise of staff, as well as the background and learning needs of their students.
     
    In addition to senior secondary Technology and Living, the senior secondary curriculum includes around 60 Applied Learning courses, many of which are related to Technology Education, such as Fashion Image Design, Pâtisserie and Café Operations, Western Cuisine, Food Technology and Nutrition, providing students with more diversified choices.
     
    The EDB provides professional training including seminars, workshops and online training for teachers teaching the knowledge context of Technology and Living every year. A total of 17 relevant training programmes have been offered in the 2024/25 school year to strengthen teachers’ capability in curriculum planning and implementation. Meanwhile, the EDB promotes peer exchange through professional community activities and focus group discussions, thereby enhancing teachers’ teaching capacity. The EDB also co-operates with tertiary institutions and professional bodies/organisations, including the Chinese Culinary Institute, to provide teachers with the opportunity to practise and experience, with a view to boosting their creativity and enhancing their teaching effectiveness.
     
    In addition, a relevant project with the theme of “Developing School-based Secondary School Home Economics and Technology and Living Curriculum” has been launched this school year (2024/25) under the Quality Education Fund Thematic Networks. With a duration of three school years, the project aims to enhance teachers’ strategies in teaching the element of fashion design, and assist schools in developing an innovative school-based curriculum that caters for the needs of students, so as to optimise its implementation and facilitate professional development of teachers. Student competitions and exhibitions are also organised in the current school year to showcase the learning outcomes of students, and have received positive feedback from the public.
     
    Regarding learning and teaching resources, the EDB continues to update the resources related to the knowledge context of Technology and Living, such as Basic Food Science, Fashion Design Basics and Image Building, to provide content for teachers’ reference, with a view to extending students’ learning, enhancing their exploration abilities and strengthening their generic skills. The EDB also publishes the “Technology and Living Newsletter” (www.edb.gov.hk/en/tl/leaflets) and produces video clips annually to provide teachers and students with relevant information on further studies and employment.
     
    On the other hand, the EDB reviews on an ongoing basis the learning elements of the knowledge context of Technology and Living, such as strengthening the application of innovation and technology and the learning element of sustainable development in the curriculum. The EDB also promotes professional training for teachers through collaboration with different stakeholders in order to meet students’ learning needs.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ21: Schemes for attracting talents and capital to Hong Kong

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Elizabeth Quat and a written reply by the Secretary for Labour and Welfare, Mr Chris Sun, in the Legislative Council today (July 23):
     
    Question:
     
         At present, there are nine schemes mainly for attracting talents and capital to Hong Kong, including the Top Talent Pass Scheme (TTPS), the General Employment Policy (GEP), the Admission Scheme for Mainland Talents and Professionals (ASMTP), the Quality Migrant Admission Scheme, the Immigration Arrangements for Non-local Graduates, the Admission Scheme for the Second Generation of Chinese Hong Kong Permanent Residents, the New Capital Investment Entrant Scheme, the Technology Talent Admission Scheme and the Vocational Professionals Admission Scheme (such talent admission schemes). In addition, the Immigration Facilitation Scheme for Visitors Participating in Short-term Activities in Designated Sectors (the STV Scheme) was introduced on June 1 last year to provide immigration facilitation to visitors invited/sponsored by authorised host organisations for undertaking specified short-term activities which are beneficial to the Hong Kong Special Administrative Region. In this connection, will the Government inform this Council:
     
    (1) of the respective numbers of applications received and approved by the authorities under such talent admission schemes from June to last month, as well as the respective incomes involved;

    (2) of the distribution of the regions or countries of applicants admitted to Hong Kong each year since the implementation of the TTPS;

    (3) among applicants admitted to Hong Kong through such talent admission schemes in each of the past three years, of the respective numbers of those who were engaged in the area of innovation and technology, with a breakdown by such talent admission schemes;

    (4) of the respective numbers of persons who were approved to take up short-term employment in Hong Kong through the GEP and the ASMTP in each of the past five years, as well as the respective distribution of their industries/sectors; apart from these two schemes, whether the Government will explore the introduction of other measures or schemes to enable non-Hong Kong residents to apply for short-term employment in Hong Kong (i.e. the limit of stay is not more than 180 days);

    (5) of the respective numbers of applicants admitted to Hong Kong since the implementation of the STV Scheme, the distribution of their regions or countries and their designated sectors;

    (6) whether the authorities have plans to expand the list of authorised host organisations and/or designated sectors under the STV Scheme; if so, of the details; if not, the reasons for that; and

    (7) as it is learnt that the introduction of a series of new policies by the United States (US) Government in recent years, including tightening the visa regime and substantially reducing research funding, has led to a large number of local scientific researchers (especially Chinese scientists) considering leaving the US, of the Government’s measures (including whether it will introduce targeted talent admission schemes or measures) to support local universities in striving to attract such top-notch overseas scientists to Hong Kong for development?

    Reply:
     
    President,
     
         The Government has been implementing various admission schemes to attract talents and capital investors, actively trawling for professionals, entrepreneurs and individuals with substantial assets. This is to enrich the local talent pool and bring in more new capital to Hong Kong, so as to enhance Hong Kong’s overall competitiveness, and promote the diversified and innovative development of the local economy.
     
         Our reply to the Member’s question, in consultation with the Security Bureau (SB), the Education Bureau (EDB), the Innovation, Technology and Industry Bureau, the Financial Services and the Treasury Bureau, and the Immigration Department (ImmD), is as follows:

    (1) Since June 1 last year and up to end-June this year, more than 190 000 applications were received under the Top Talent Pass Scheme (TTPS), the General Employment Policy (GEP), the Admission Scheme for Mainland Talents and Professionals (ASMTP), the Quality Migrant Admission Scheme (QMAS), the Immigration Arrangements for Non-local Graduates, the Admission Scheme for the Second Generation of Chinese Hong Kong Permanent Residents, and the Technology Talent Admission Scheme (TechTAS). Among them, nearly 140 000 applications were approved. A breakdown of the relevant statistics is at Annex 1. The Vocational Professionals Admission Scheme will only begin to accept applications from mid-2026 onwards upon graduation of the first batch of students from eligible full-time Higher Diploma programmes.

         Under the New Capital Investment Entrant Scheme (New CIES), Invest Hong Kong is responsible for assessing whether the applications fulfil the relevant financial requirements, and the ImmD is responsible for assessing the applications for visa/entry permit, extension of stay and unconditional stay. From June 1 last year to end-June this year, the ImmD received a total of 1 295 applications under the New CIES, of which 673 were approved. The ImmD does not maintain the statistics on the income generated from applications and visa fees under various schemes mentioned in the question.

    (2) The TTPS, which aims to attract individuals with high-income or bachelor’s degree graduates from top universities, has received enthusiastic responses since its launch in end-2022. As at end-June this year, about 135 000 applications were received, of which nearly 109 000 were approved. About 40 per cent (about 32 000) applicants in Categories B and C graduated from bachelor’s degree programmes offered by top overseas universities. The breakdown of the numbers of the applications approved under the TTPS by regions of the applicants and the eligible universities from which they graduated is at Annex 2.

    (3) In the past three years, among the around 76 000 and 57 000 applications approved under the GEP and the ASMTP respectively, the numbers of approved applicants working in innovation and technology (I&T) related fields are 1 654 and 4 006 respectively. Under the QMAS, among the around 27 000 approved cases which successfully passed the selection exercise in the past three years, 8 021 applicants were in I&T-related fields. As for the TechTAS, which aims to attract technology talents to come to undertake research and development work in Hong Kong, a total of 334 applicants were approved in the past three years, all working in the I&T field.

         Regarding the TTPS, the ImmD adjusted the application procedures on March 1, 2023, requiring applicants with work experience to declare the sectors of their occupations. From March 2023 to end-June this year, 26 211 applicants out of nearly 100 000 approved applications declared that their previous occupations were in I&T-related fields.

         For other talent admission schemes referred to in the question, applicants are not required to have secured offers of employment in Hong Kong upon application, nor are they required during the validity period of the first visas to notify the ImmD after they are employed or have established/joined in business in Hong Kong. Given the nature of the scheme, the New CIES does not require applicants to declare their occupational backgrounds. The ImmD does not maintain the statistics on the industries engaged by successful applicants under other schemes when they first arrived in Hong Kong.

    (4) In the past five years, over 112 000 applications were received under the GEP with over 103 000 approved. Of which, about 63 000 concerned short-term positions with contract duration of less than 12 months. The ASMTP received nearly 88 000 applications in the past five years. Of which, more than 77 000 were approved, and about 31 000 applications concerned short-term positions. The breakdown of the numbers of cases approved for short-term positions under the two schemes by industry/sector are at Annex 3.

         Enterprises with job vacancies and facing difficulties to fill the vacancies in local recruitment may apply under the above two employment-tied schemes to employ outside talents with special skills, knowledge or experience not readily available in Hong Kong to take up short-term or long-term employment in Hong Kong.

         With a view to facilitating business, promoting the development of the relevant sectors and raising Hong Kong’s international profile, the Government also launched the Pilot Scheme on Immigration Facilitation for Visitors Participating in Short-term Activities in Designated Sectors (Pilot Scheme) in June 2022, and regularised the Pilot Scheme to the Immigration Facilitation Scheme for Visitors Participating in Short-term Activities in Designated Sectors (STV Scheme) in June 2024. Under the Pilot Scheme/STV Scheme, organisations authorised by the relevant government bureaux or departments can issue invitation letters to relevant non-local talents in their sectors. Invited persons may come to Hong Kong to participate in specified short-term activities as visitors without the need to apply for employment visas or entry permits from the ImmD. They may participate in the specified short-term activities for up to 14 consecutive calendar days during each trip to Hong Kong, and receive remuneration for the specified activities concerned.

         The above schemes have already met the needs of local enterprises in recruiting outside talents to take up short-term employment in Hong Kong. There is no plan now to introduce more measures or schemes for non-local residents to apply for short-term positions in Hong Kong.

    (5) and (6) At present, the STV Scheme covers 12 sectors with a total of some 400 authorised organisations. As of end-March 2025, the Pilot Scheme/STV Scheme had benefited a total of nearly 34 000 non-local talents, facilitating their entry into Hong Kong as visitors to participate in various short-term events and activities. The statistics by sector and the beneficiaries’ place of origin are at Annex 4.

         The SB indicates that to ensure the scheme keeping pace with the times, the Government reviews the coverage of the Pilot Scheme/STV Scheme from time to time, with a view to ensuring that it can continue to effectively achieve the relevant policy objectives. Since the launch of the Pilot Scheme, the Government expanded the scheme twice in February 2023 and June 2024, by adding two new sectors, namely “Finance” and “Development and Construction”, to the original 10 designated sectors, with the addition of authorised organisations to over 400 at present. The Government will continue to monitor the implementation of the STV Scheme and the views of relevant departments and the sectors, as well as to review the coverage of the STV Scheme in a timely manner.

    (7) In the light of the changes in the global higher education landscape, the EDB has promptly called on all universities in Hong Kong to introduce facilitation measures for affected students and scholars with a view to safeguarding their legitimate rights and interests. As for the affected researchers, the EDB has all along been encouraging various institutions to attract top-notch talents in accordance with their diversified talent policies. The EDB is pleased to see that the local universities have been responding proactively and closely monitoring the situation, and have fully utilised the Government’s facilitation initiatives that support the capacity expansion and quality enhancement of post-secondary institutions in Hong Kong. The Government will continue to keep an eye on the development and, having regard to their needs, consider support measures in a holistic approach, including gradually increasing the number of places under the Hong Kong PhD Fellowship Scheme to attract more top scholars to Hong Kong, so as to give full play to Hong Kong’s role as an international post-secondary education hub.

         Meanwhile, the Government is committed to promoting Hong Kong’s development into an international I&T centre and has been adopting a multi-pronged approach in providing more quality employment and development opportunities to pool together global I&T talents. For instance, the InnoHK Research Clusters (InnoHK) have pooled together about 2 500 researchers locally and from all over the world. The Government is taking forward the establishment of the third InnoHK research cluster, SEAM@InnoHK, focusing on sustainable development, energy, advanced manufacturing and materials, which is expected to bring in more talents.

         Besides, the Government has secured funding approval from the Legislative Council in May 2025 for the establishment of the $3 billion Frontier Technology Research Support Scheme (FTRSS), which is aimed at supporting, through matching funds, the eight universities funded by the University Grants Committee to attract international top-notch researchers for conducting research projects on frontier technology in Hong Kong and enhance basic research facilities. It is the plan to launch the FTRSS in September 2025. The Government has also set aside $6 billion to support local universities to set up Life and Health Technology Research Institute(s) to foster multi-disciplinary co-operation among universities/research institutions from Hong Kong, the Mainland and overseas, and attract top-notch scholars and scientists to Hong Kong.

         At present, top international scholars, scientists and researchers can apply for entry into Hong Kong under suitable talent admission schemes according to their own circumstances. There is no need to set up a separate talent admission scheme. If meeting the relevant professional qualifications in the Talent List, they can also enjoy immigration facilitation when applying for entry into Hong Kong under the relevant schemes. Among the various schemes, the TechTAS specifically targets the admission of non-local technology talents to Hong Kong for research and development work, and processes applications from eligible companies expeditiously.

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: Second Reading Speech – Universities Accord (cutting student debt by 20%) Bill 2025

    Source: Murray Darling Basin Authority

    It is a privilege to introduce the Universities Accord (Cutting Student Debt by 20%) Bill.

    As promised, this is the very first bill to be introduced to the Parliament after the election. 

    And as promised, it cuts the student debt of three million Australians by 20 percent. 

    Mr Speaker, on the 3rd of May Australians made their voices heard. 

    They voted for the tax cuts we are delivering.

    They voted for free TAFE that we are making permanent.

    They voted for us to build more homes.

    They voted for us to roll out more Medicare Urgent Care Clinics.

    They voted for cheaper medicine. 

    They voted for the biggest investment in Medicare ever, to make it easier to see a doctor for free than ever before. 

    And they voted for this. 

    Cutting the student debt of three million Australians by 20 percent. 

    Most of those are young Australians. 

    Just out of uni. Just out of TAFE. 

    Just out of home. Just getting started. 

    Trying to save to buy a home. 

    Thinking about starting a family. 

    Nurses. Teachers. Tradies. 

    Doctors and Paramedics.

    Engineers. Architects.

    IT workers. AI Experts.

    These are the Australians who will build Australia’s future. 

    Who are already building it. 

    And this will take a weight off their back. 

    The average HELP debt today is about $27,600.

    When this legislation passes it will cut that debt by about $5,520.

    If you have got a debt of $50,000 it will cut it by $10,000. 

    All up it will cut student debt by over $16 billion.

    When this legislation passes your debt will be cut by 20 per cent, based on what it was on 1 June this year, before this year’s indexation occurred.

    That will make sure you get the maximum benefit possible and that we honour our promise in full.

    And it will all happen automatically.

    The Australian Tax Office will process changes at their end. 

    You won’t have to do a thing.

    It will take a bit of time for the Tax Office to do this work. 

    But once this Bill is passed the cut is guaranteed. 

    Mr Speaker, this is a big deal for everyone with a student debt today.

    Three million Australians.

    But it’s not the only thing this Bill does.

    It also makes important structural changes to the way the repayment system works.

    To make it fairer.

    And to help with the cost of living.

    This Bill raises the minimum amount you have to earn before you have to start making repayments – from $54,435 in 2024-25 to $67,000 in 2025-26.

    And it reduces the minimum repayments you have to make.

    For someone earning $70,000 it will reduce the minimum repayments they have to make by $1,300 a year.

    That’s real cost of living help.

    More money in your pocket – not the government’s.

    When you really need it.

    This is an important structural reform.

    We are replacing the current repayment system with a new marginal repayment system.

    At the moment the amount that you pay off every year is based on your entire wage.

    That means once you earn above the current minimum repayment threshold of $54,435, you pay a percentage of your entire wage as a repayment.

    Under the changes in this Bill, you will only pay a percentage of your wage above the minimum repayment threshold.

    So, for example, if you earn $70,000 at the moment you currently have to repay $1,750 each year.

    Under these changes you will only have to repay about $450.

    In other words, if you earn $70,000 a year, you will have to repay $1,300 less a year than you currently have to.

    If you earn $80,000 a year, you will have to repay $850 less a year than you currently have to.

    And if you earn $110,000 a year, you will have to repay $700 less a year than you currently have to.

    You can still pay off more if you want to.

    But what this does is make the system fairer.

    It means you start paying off your uni degree when university starts to pay off for you.

    It’s a recommendation of the Universities Accord.

    And it’s a recommendation of the architect of HECS, Professor Bruce Chapman.

    When we announced this reform to create a marginal repayment system, Professor Chapman said this is:

    “…the most important thing that’s happened to the system in 35 years. It’s a marginal collection, it’s much gentler and much fairer than previously — we should have done it years ago.”

    Mr Speaker, these are important reforms, that will help millions of Australians, now and into the future. 

    It’s why it is the first Bill that we have introduced to this new Parliament.

    As the Prime Minister said when he announced in November last year that we would cut student debt by 20 per cent and make these structural changes:

    “It helps everyone repaying a student debt right now – and it delivers a better deal for every student in the years ahead.

    Permanent, structural reform to boost take home pay for young Australians.

    This is about putting money back into your pocket – and putting intergenerational equity back into the system.

    Good for cost of living.

    Good for this generation – and for generations to come.

    Good for building Australia’s future.”

    Mr Speaker, not surprisingly, the Coalition immediately said that they would oppose this Bill. 

    Like everything else, their immediate reaction was to attack this.

    I suspect they now rue that decision.

    They called it “terrible”. They called it “unfair”.

    In the electorates they represented, people saw something different.

    In electorates right across the country, where 1 in 4 voters have a student debt, they saw an opportunity to get a load off their back.

    To make their life a little bit easier.

    And they voted for it.

    As one anonymous National Party MP told the Daily Telegraph after the election:

    “My kids are paying off a university debt and I reckon they voted for Labor”.

    Mr Speaker, when even your own family won’t vote for you, you know you’ve got it wrong.

    Now the Opposition have a chance to get this right.

    Not just by voting for it.

    But by actually speaking in support of it.

    This is a chance for the opposition to admit they got it wrong.

    And that the Australian people got it right.

    Education is the most powerful cause for good.

    A good education changes lives.

    A good education system changes countries.

    It’s changed ours.

    We have got a good education system in Australia today.

    But the truth is it can be better and fairer.

    This Bill is part of that.

    So is Paid Prac that started this month for teaching and nursing students.

    For midwifery students and social work students.

    So are the University Study Hubs that will open up in our outer suburbs and regions over the next few months.

    And so is the new Needs-based Funding system for our universities that starts next year.

    It is also what the agreements we have signed with every State and Territory to fix the funding of our public schools are all about.

    And tying that funding to real reform to help kids who start behind or fall behind to catch up and keep up, and help more kids finish school and then go on to TAFE or University.

    It also means making our child care centres safer.

    And I will introduce legislation to help do that in a few moments time.

    Mr Speaker, once again, it’s my privilege to make good on a promise we made last year and that we repeated every single day of the election campaign. 

    In every seat across the country.

    To cut student debt by 20 per cent.

    To cut the debt of 3 million Australians.

    To take a weight off their back.

    To help with the cost of living.

    And to help build Australia’s future.

    I commend this Bill to the House.

    MIL OSI News

  • Trump pulls US out of UN cultural agency UNESCO for second time

    Source: Government of India

    Source: Government of India (4)

    President Donald Trump has decided to pull the United States out of the “woke” and “divisive” U.N. culture and education agency UNESCO, the White House said on Tuesday, repeating a move he took in his first term that was reversed by Joe Biden.

    The withdrawal from the Paris-based agency, which was founded after World War Two to promote peace through international cooperation in education, science, and culture, will take effect at the end of next year.

    The move is in line with the Trump administration’s broader “America-first” foreign policy, which includes a deep skepticism of multilateral groups, including the United Nations, the World Trade Organization, and the NATO alliance.

    White House spokeswoman Anna Kelly said UNESCO “supports woke, divisive cultural and social causes that are totally out-of-step with the commonsense policies that Americans voted for.”

    The State Department accused UNESCO of supporting “a globalist, ideological agenda for international development at odds with our America First foreign policy”.

    It said its decision to admit the Palestinians as a member state was “highly problematic, contrary to U.S. policy, and contributed to the proliferation of anti-Israel rhetoric.”

    UNESCO chief Audrey Azoulay said she deeply regretted Trump’s decision, but it was “expected, and UNESCO has prepared for it.”

    Posting on X, French President Emmanuel Macron professed “unwavering support” for the “universal protector” of world heritage and said the U.S. move would not weaken France’s commitment to UNESCO.

    UNESCO officials said the U.S. withdrawal would have some limited impact on U.S.-financed programs.

    Azoulay said UNESCO had diversified funding sources, receiving only about 8% of its budget from Washington.

    UNESCO was one of several international bodies Trump withdrew from during his first term, along with the World Health Organization, the Paris Agreement climate change accord, and the U.N. Human Rights Council. During his second term, he has largely reinstated those steps.

    Trump’s pick to be his U.N. envoy, Mike Waltz, said this month the United Nations needs reform while expressing confidence that “we can make the U.N. great again.”

    ISRAEL PRAISES US ‘MORAL SUPPORT AND LEADERSHIP’

    Israel welcomed the U.S. decision with its U.N. ambassador, Danny Danon, accusing UNESCO of “consistent misguided anti-Israel bias.”

    In a post on X, Israel’s Foreign Minister Gideon Sa’ar, thanked Washington for its “moral support and leadership” and said that “Singling out Israel and politicization by member states must end, in this and all professional UN agencies.”

    U.S. Senator Jeanne Shaheen, the senior Democrat on the Republican-controlled Senate Foreign Relations Committee, called Trump’s decision “short-sighted and a win for China,” which she said became the largest financial contributor to UNESCO after Trump last withdrew from the agency.

    UNESCO officials said all relevant agency statements had been agreed with both Israel and the Palestinians over the past eight years.

    Azoulay said the U.S. had given the same reasons for its pullout as it had seven years ago “even though the situation has changed profoundly, political tensions have receded, and UNESCO today constitutes a rare forum for consensus on concrete and action-oriented multilateralism.”

    “These claims also contradict the reality of UNESCO’s efforts, particularly in the field of Holocaust education and the fight against antisemitism,” she added.

    The United Nations Educational, Scientific and Cultural Organization is best known for designating World Heritage Sites, including the U.S. Grand Canyon and Egypt’s pyramids.

    It lists 26 sites in the United States, including the Statue of Liberty, on its World Heritage List which highlights 1,248 global locations of “outstanding universal value.”

    Washington has had a troubled relationship with UNESCO over the years.

    It was a founding member in 1945 but first withdrew in 1984 to protest alleged financial mismanagement and perceived anti-U.S. bias during the Cold War.

    It returned in 2003 under President George W. Bush, who said UNESCO had undertaken needed reforms, but in 2011 the Obama administration announced it was stopping funding for the agency following its vote to grant the Palestinians full membership.

    Trump’s first administration announced in 2017 it was quitting after accusing UNESCO of anti-Israeli bias, with Washington owing $542 million in dues, before former President Biden reversed the decision in 2023.

    (Reuters)

  • MIL-OSI Russia: How Moscow Student Parliamentary Clubs Support SVO Fighters

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Since the beginning of the year, activists from the capital’s student parliamentary clubs (SPK) to fighters of the special military operation (SVO) and residents of the new subjects of the Russian Federation.

    “The collection of humanitarian aid is carried out within the framework of the project “SPKpomogaet”. The guys collect and send necessary things: medicines, paracord bracelets, basic necessities. They make many things with their own hands, for example, camouflage nets, trench candles. Aid is delivered to both military personnel and civilians,” noted

    Marina Prozorova, Deputy Head of the Department of Territorial Executive Authorities of Moscow.

    Activists often deliver humanitarian aid themselves. They delivered diesel generators, heat guns, access points for uninterrupted Internet, water boilers and drone components to the 88th reconnaissance and sabotage brigade “Espanola”. Activists also delivered humanitarian aid to the Donetsk city specialized children’s home.

    “We are creating a system of assistance where every student can make their contribution. The guys unite for a good cause, this not only changes the lives of others, but also cultivates in us civic responsibility, mutual support and the ability to work in a team,” said the chairman of the student parliamentary clubs of the Russian State Academy of Intellectual Property Matvey Potekhin.

    Student parliamentary clubs are a project of the capital’s Development Center, a subordinate institution Department of territorial executive authorities of Moscow. It includes active students from 55 Moscow universities who develop leadership skills, debate, participate in lawmaking and pave their career path. By inspiring students to actively participate in the life of the city and the country, student parliamentary clubs contribute to the formation of a new generation of patriots. To join the project, you must submit application.

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

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

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Become an Ambassador of VDNKh: The country’s main exhibition invites volunteers

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    The country’s main exhibition is meeting everyone who is full of energy and desire to develop. Anyone can join the volunteer corps “VDNKh Ambassadors”. This is a team of like-minded people who help ensure an interesting and comfortable stay for visitors on the exhibition grounds and beyond.

    Currently, there are about 500 people involved in the VDNKh volunteer corps. Of these, 315 are young people. The team is looking for open, sociable and active people aged 16 and over. To join, you must fill out questionnaire on the website. The answer will come within a week.

    Volunteers work in the hospitality, cultural and event areas. They gain exciting and useful experience in organizing large-scale city, all-Russian and international festivals or individual events, take care of unique objects of historical and cultural value. Their daily chores include coordinating visitors on the territory, helping to find the necessary information, creating a friendly atmosphere, informing guests about events and activities. Volunteers also help in the work of VDNKh museums, participate in replenishing funds, preserving and popularizing the cultural heritage of the exhibition. Students of architectural and art educational institutions get a chance to enrich their knowledge and acquire professional skills. They regularly meet with architects and restorers, get acquainted with historical pavilions, learn about the work carried out at the exhibition as part of the restoration and reconstruction of various objects, and about the technologies used.

    It is worth noting that VDNKh cooperates with the Mytishchi branch of the Moscow State Technical University named after N.E. Bauman. For students of the university studying in the field of “Landscape Architecture”, off-site classes are organized, where children study types of woody and herbaceous plants, types of flower arrangement, architectural styles, small architectural forms and much more.

    Volunteers of the VDNKh Ambassadors Corps not only have the opportunity to take part in large-scale events in the city and the country, but can also visit museums, exhibitions and the VDNKh skating rink, master classes, trainings and excursions for free, and receive discounts from exhibition partners. Ambassadors are provided with branded equipment and are treated to free lunches on the days of work on the exhibition grounds. Volunteer activity is officially recorded on the dobro.ru portal, entries are made in a personal book, and participants are thanked.

    Get the latest news quicklyofficial telegram channel city of Moscow.

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

    .

    MIL OSI Russia News

  • MIL-OSI Security: Rescue squadrons unite, strengthen interoperability during REFORPAC

    Source: United States INDO PACIFIC COMMAND

    MISAWA AIR BASE, Japan (AFNS) — Airmen of the Japan Air Self-Defense Force Air Rescue Wing, the U.S. Air National Guard’s 102nd Rescue Squadron, and the 130th Rescue Squadron came together for a cross-unit static display and capability exchange during exercise Resolute Force Pacific 2025 at Misawa Air Base, July 15.

    MIL Security OSI

  • MIL-OSI Banking: Secretary-General of ASEAN visits the AIIB Headquarters

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today visited the Headquarters of the Asian Infrastructure Investment Bank (AIIB) in Beijing, China, and was received by the President of AIIB, Jin Liqun. They exchanged views on areas of mutual interest and opportunities to strengthen cooperation between ASEAN and AIIB, particularly in advancing regional connectivity including on sustainable infrastructure, the ASEAN Power Grid, and the digital economy. SG Dr. Kao looked forward to the AIIB’s continued support for ASEAN and ASEAN Member States in achieving a resilient, innovative, dynamic, and people-centred ASEAN by 2045.

    The post Secretary-General of ASEAN visits the AIIB Headquarters appeared first on ASEAN Main Portal.

    MIL OSI Global Banks

  • MIL-OSI Banking: Secretary-General of ASEAN visits the AIIB Headquarters

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today visited the Headquarters of the Asian Infrastructure Investment Bank (AIIB) in Beijing, China, and was received by the President of AIIB, Jin Liqun. They exchanged views on areas of mutual interest and opportunities to strengthen cooperation between ASEAN and AIIB, particularly in advancing regional connectivity including on sustainable infrastructure, the ASEAN Power Grid, and the digital economy. SG Dr. Kao looked forward to the AIIB’s continued support for ASEAN and ASEAN Member States in achieving a resilient, innovative, dynamic, and people-centred ASEAN by 2045.

    The post Secretary-General of ASEAN visits the AIIB Headquarters appeared first on ASEAN Main Portal.

    MIL OSI Global Banks

  • MIL-OSI Asia-Pac: Waste Generation Rate Continues To Trend Downloads In 2024

    Source: Government of Singapore

    Per capita daily domestic waste decreased by more than 20 per cent over the past decade; per billion dollar GDP daily non-domestic waste decreased by more 30 per cent over the same period. The recycling rate continues to hover around 50 per cent. 

    Singapore, 23 July 2025 – Singapore continued to see a decrease in waste generation rate in 2024. The daily domestic waste generated per capita decreased from 0.88 kg in 2023 to 0.85 kg in 2024. The daily non-domestic waste  generated per billion dollar Gross Domestic Product (GDP) decreased from around 25 tonnes in 2023 to around 23 tonnes in 2024. This reflects the sustained reduction and reuse efforts by households and businesses in 2024.

    Per capita and per billion dollar GDP waste generated decreased in past decade

    2          Over the past decade, daily domestic waste generated per capita decreased by more than 20 per cent, and daily non-domestic waste generated per billion dollar GDP decreased by more than 30 per cent.

    Fig. 1. Chart on the daily domestic waste generated per capita from 2014 to 2024.

     

    Fig. 2. Chart on the daily non-domestic waste generated per billion dollar GDP from 2014 to 2024.

    Recycling rate continues to hover at around 50 per cent

    3          Overall recycling rate continues to hover at around 50 per cent (refer to Table 1 in 

    Annex). The recycling rate of paper/cardboard, food, and plastics remained similar. The slight reduction in recycling rate is driven largely by the reduction in the amount of Construction & Demolition (C&D) waste (by 122,000 tonnes) and used slag (by 63,000 tonnes) generated, which are almost completely recycled. This resulted in a corresponding reduction in overall recycling volume. Additionally, there was a reduction in the amount of wood waste recycled, by 49,000 tonnes, due to a short-term reduction in wood waste processing capacity in 2024 as a result of the closure of one biomass plant and prolonged maintenance of another.

    10-year Recycling Trends

    4          Over the past decade, the recycling rate dropped from 60 per cent in 2014 to 50 per cent in 2024 (refer to Table 2 in Annex). This is driven by two factors.

    a.     There was a 44 per cent and 69 per cent decrease in the volume of C&D waste and used slag generation, respectively. As C&D waste and used slag are almost fully recycled, the decrease in volume generated and consequently recycled led to a significant reduction (7 percentage points) in the overall recycling rate (refer to Chart 1 and Chart 2 in Annex). This is due to the reduction in C&D waste volume generated from demolition projects in recent years, while the lower amount of used slag generated is due to a reduction in steel smelting activities in Singapore. 

    b.     The amount of paper/cardboard waste generated has been similar between 2014 and 2024, although paper waste generated had been on a downtrend from 2014 to 2019, before rising again post-2019 driven in part by e-commerce packaging. However, there has been a steep reduction in the paper recycling rate, from 52 per cent to 32 per cent (refer to Chart 3 in Annex). The decline is driven by factors such as the cost of collecting and freight as well as commodity prices.

    Upcoming efforts to improve recycling of key waste streams

    5          NEA will continue to partner the community and businesses to encourage the reduction of waste generated and to increase recycling efforts. Our efforts will be focused on food, paper, and plastics as these make up the largest amount of waste that is not recycled.

    a.     The recycling rate for food waste increased from 13 per cent in 2014 to 18 per cent in 2024. To drive the reduction and recycling of food waste, all new large commercial and industrial food waste generators have been required since March 2024 to segregate, treat and report their food waste. In addition, we will progressively extend these requirements to existing large commercial and industrial food waste generators in tandem when the Food Waste Treatment Facility becomes operational, as we progressively complete the Integrated Waste Management Facility (IWMF) from 2027 onwards.

    b.     To encourage reduction in paper/cardboard waste and improve recycling rates, NEA supported the development of a set of Guidelines on Sustainable E-commerce Packaging in March 2025. The guidelines offer practical 3R (Reduce, Reuse, Recycle) strategies tailored to common types of e-commerce packaging, including cardboard boxes. Furthermore, NEA is looking to strengthen support for paper recycling, working together with waste collectors, recycling companies, and the community.

    c.     We will also increase plastic recycling through initiatives such as the beverage container return scheme, which will take effect next year. Under the scheme, a 10-cent deposit will be fully refunded when consumers return the empty beverage containers at designated return points such as reverse vending machines. The scheme will aggregate clean and high-quality plastic recyclables, which can be made into new products. NEA is working with the licensed scheme operator, Beverage Container Return Scheme Ltd. (BCRS Ltd.) on the return point network and deposit refund options to provide a convenient return and refund journey for consumers, when the scheme rolls out on 1 April 2026.

    Waste Disposed of

    6          Our combined commitment to reducing the amount of waste generated and improving recycling efforts is reflected in the waste disposed of at our waste-to-energy plants and Semakau Landfill. While the waste disposal rate has similarly trended downwards in the last decade, the total amount of waste disposed of has increased from 3.04 million tonnes in 2014 to 3.33 million tonnes in 2024. This is due to the recycling amount declining faster than the total amount of waste generated. Hence, the net effect is an increase in the total amount of waste disposed of. When everyone plays their part to reduce, reuse, and recycle, we avoid sending waste for disposal, thus reducing our environmental footprint and extending the lifespan of Semakau Landfill.

    7          The latest waste and recycling statistics can be accessed at go.gov.sg/waste-statistics-and-overall-recycling.

    ——————

    [1] Domestic waste is waste collected from households and trade premises (e.g., shophouses, educational institutions, petrol stations, hawker centres and places of worship).

    [2] Non-domestic waste is waste generated at industrial and commercial premises.

     

    ~~ End ~~

    For more information, please submit your enquiries electronically via the Online Feedback Form or myENV mobile application.

     

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: Doorstop – Parliament House, Canberra

    Source: Murray Darling Basin Authority

    JASON CLARE, MINISTER FOR EDUCATION: Thanks very much for coming along. Today’s a big day. Today, I’ll introduce two pieces of legislation. The first, to cut student debt by 20 per cent; and the second, to cut funding to childcare centres that aren’t up to scratch, that aren’t meeting the sort of minimum standards that parents need and that our children deserve.

    The first piece of legislation to cut student debt by 20 per cent is something that we promised, I think, every day of the election campaign in every part of the country. It means cutting the debt of three million Australians. A lot of those are young Australians. Often young people don’t see themselves on the ballot paper when they go to vote, but a lot of young people did at this election, and they voted for it in their millions. The impact of this legislation is that for the average person with a student debt, they’ll see their debt cut by about $5,500. That’s a big deal. That’s a lot of weight off their back, and it will help a lot of young people that might be just out of uni, just out of home, just getting started.

    The second piece of legislation that I’ll introduce is about giving the Commonwealth the powers that we need to be able to cut access to the child care subsidy for centres that aren’t up to scratch. I think the whole country has been sickened and shocked by the revelations that have come out of Victoria in the last few weeks, and a lot of work is needed to rebuild trust in a system that parents rely upon every single day – more than a million parents across the country – and this legislation is part of that. The biggest weapon that the Commonwealth has to wield here is the funding that we provide that enables child care centres to operate. It’s something like $16 billion a year, and that covers about 70 per cent of the cost of running the average child care centre. Child care centres can’t operate without it, and I think it’s fair, I think most mums and dads will think it’s fair, that if centres are repeatedly not meeting the sort of standards that we set for them, that we should have the power to be able to cut that funding off. This is not about shutting centres down. It’s about lifting standards up and giving us the powers to make that happen.

    I might pass to Andrew to talk in a little bit of detail about the cut to student debt by 20 per cent, and then ask Jess to talk a little bit more about the legislation that we’ll introduce today to be able to cut funding to centres that aren’t up to scratch.

    ANDREW GILES, MINISTER FOR SKILLS AND TRAINING: Thanks very much, Jason. From our very first day in office, the Albanese Labor Government has been committed to breaking down all of those barriers that have held back too many Australians from accessing education and training. And today, we take another really big step forward in that regard. I’m going to talk really to make two points about this. The first one is to recognise the significance, as Jason just laid out, of this first piece of legislation – a piece of legislation that we talked about constantly through the campaign, and indeed since the commitment was made some months before that. A commitment that really resonated with so many Australians, three million of whom will benefit from this cut. Real cost of living relief. Money back in the pockets of Australians who can do with that help and that message of reassurance. I want to say this, though – not only have we been listening to students in Australia, we’ve been listening to all of the students in tertiary education and apprentices too, because this is not just relief from HECS debt. It’s relief that will also support nearly 300,000 students with various VET loans. They will also benefit.

    And that leads me to the second point I want to make here. There really is never a better time than now to think about pursuing a VET pathway. At the same time that we made this commitment that Jason will be introducing in the form of legislation today, we also made our commitment to make Free TAFE permanent. And that has been an extraordinary success in turning around the skills crisis and breaking down another barrier that’s held back too many Australians from accessing skills. As of today, more than 170,000 Free TAFE courses have been completed. More than 650,000 enrolments have taken place. This is making a huge difference alongside so many other incentives, like the one that’s just rolled out for 1 July encouraging more people to pick up the tools and become a housing tradie. There is more to be done of course, but all of these commitments demonstrate our determination to do everything possible to deliver cost of living relief today, and to create more pathways for more Australians to get the skills they want to do the jobs that we need. I’ll hand over Jess to talk about the second bill.

    JESS WALSH, MINISTER FOR EARLY CHILDHOOD EDUCATION: Thanks very much, Andrew. Thanks very much, Jason. Well, every child deserves to be safe in early childhood education and care, and every parent deserves to know that their children are safe too. But it has been a really distressing time for children and their families as we see these revelations unfold in Victoria. It’s been distressing for parents. It’s been distressing for the vast majority of early childhood educators as well, who are just going into work every day to take the best care that they can of our nation’s children. We want to rebuild the confidence that our early learning centres are safe and that they do provide quality early education. And of course, the vast majority of our early learning services do that every single day. But there are some repeat offenders who continue to put profit ahead of child safety, and that’s what the legislation that we’re introducing today is targeted to deal with. We have a strong message for those providers who do put profit ahead of child safety, and that is that we want you to lift your game or to leave the sector.

    Our focus is going to be on helping those providers to lift their game, and this legislation will give us the tools to do that. It will allow us to withdraw Commonwealth Child Care Subsidy from those providers who persistently and consistently let families down. It gives us a strong stick that we’re willing to use to drive standards in early childhood education to deliver the quality and the safety that parents deserve.

    JOURNALIST: Minister Clare, the Minister has just spoken about this legislation being a stick to encourage providers to do the right thing. Are there any, what else is in this bill to actually help some of the providers to do more? I mean, some of the big providers have talked about needing more funds or assistance for training, for instance; for CCTV cameras and so forth. What else is in this bill beyond stick?

    CLARE: Well, this legislation is about giving the Commonwealth the power to cut off funding, cut off the childcare subsidy funding to centres that aren’t meeting that minimum standard, that are repeatedly not meeting that minimum standard. Now these centres know the standard they have to set, now they know what the consequences will be if they don’t meet it. The legislation also gives more power to the authorised officers in our department to be able to do spot checks of centres, particularly in the area of fraud. This is another area that is very serious that we’ve been working on, that I’ve been working on now for three years. The Government’s provided about an extra $220 million for fraud investigation of early education and care. It’s helped to claw back more than $300 million for the Australian taxpayer. This gives more power to our officers to be able to do spot checks without a warrant or without the AFP on board, but they will also be able to, if they spot safety concerns, pass that on to state regulators as well.

    Now, Josh, you make the point that this isn’t the only thing we need to do, and that is absolutely right. When education ministers meet next month, we’ll be talking about some of the things you just mentioned. A national educator register so that we can track workers from centre to centre and from state to state. I think the revelations in Victoria over the course of the last few weeks tell us exactly why this is so important. CCTV and the role that it can potentially play in deterring a bad person from doing heinous things and also helping police with their investigations, but also the sort of training, mandatory child safety training, that already exists in the courses but doesn’t exist in the classroom, doesn’t exist in centres, that can play a crucial role in helping to make sure that the 99.9 per cent of people who are good and honest and hardworking and care for and love our kids and educate our kids every day, the people who are aghast at what they’re reading in the newspapers and are angry that their profession is in the media for the wrong reasons, have the skills they need to spot a bad person before they act. To have the skills that they need to spot somebody who might be looking to do something terrible to children or to distract them from stepping in and stopping it from happening. So whether it’s the register, whether it’s training, or whether it’s CCTV or a bunch of other things that will come out, I’m sure of the rapid review in Victoria and the work that’s being done in New South Wales, all of that is on the table when education ministers meet next month.

    The other thing I should mention here for the sake of completeness is the Attorney-General will also meet with AGs across the country next month to look at the reforms that are needed that are long overdue to working with children checks.

    JOURNALIST: How many breaches of the minimum standards would take you to strip the childcare centre of its funding? What’s the threshold in the legislation?

    CLARE: State regulators can shut a centre down right now if they think there’s a real and imminent threat to childcare safety. So they can do that today. What this legislation gives us the power to do is to shut a centre down if we think they’re below the minimum standard and they’re not likely to get there or they’re not intending to get there. So we can issue a show cause notice and say you’ve got 28 days, give us a good explanation about why you’re not there or we will cut your funding. Alternatively, we might set some conditions on the centre and say you’ve got a period of time to reach that standard, to meet the requirements that the state regulator has told you to reach, potentially to employ a child safety expert in the centre to help you reach them. And as I said, I want centres to get to those standards. We don’t want to have to shut centres down. But also we want to make sure that parents know that if a centre has a show cause notice given to it, or it’s got conditions that are imposed upon it, that mums and dads at that centre deserve to know that we’ve done that and to be able to make a decision about where they want to send their kids.

    JOURNALIST: You just said that state and territory governments already have the power to shut down centres. What difference is this going to make now that the Commonwealth has that power as well?

    CLARE: Well, they have that power and they use it. This is an additional power to make sure that the centres, and there are a number of them that are not at that minimum standard, take the action that they need to take to lift their standards to the sort of standards that we set as a nation, that parents expect and that our children deserve.

    JOURNALIST: So do you think that state and territory governments haven’t been doing enough of that kind of putting that pressure and threatening to shut places down, or shutting places down, if you feel like the Commonwealth needs to step into this?

    CLARE: Well, states do that work now. They tell centres about the standards they expect them to meet, and sometimes centres don’t meet them, and the problem remains unfixed. This gives us the power to step in there where centres are just either deliberately or for whatever reason not meeting those sorts of standards. The bottom line, though, is we all need to do more here. States need to do more. The Commonwealth needs to do more. Centres need to do more as well.

    JOURNALIST: Minister, just on HECS, obviously this is a one-off cut, but what about future students? Is it not unfair to only have this one line in the sand and cut it by 20 per cent? What about the students of the future?

    CLARE: Look, I think there’s a lot of work to do to make our education system better and fairer. And there’s a lot of work to do to make our higher education system better and fairer. The fact is today about 50 per cent of young people have a uni degree, but not everywhere. Not where I grew up, not in the outer suburbs of our big cities, not in regional Australia, not amongst kids from poor and disadvantaged backgrounds. And I want to fix that. That’s what the Universities Accord is all about, and we’ve already taken steps to implement some of that report –

    JOURNALIST: Does that –

    CLARE: Hang on a second. Part of that’s Paid Prac that rolls out this month – financial support for the first time for teaching students and nursing students and midwifery and social work students while they do the practical part of their university degree. Part of it is also uncapping funding for the fee-free university bridging courses that help make sure that people that have finished high school, or maybe they haven’t finished high school and aren’t ready for a uni degree, are ready for it. Part of it is also changing the way that we fund universities. Over the course of the last 12 months or so, I’ve struck agreements with every state and territory to fix the funding of public schools, what David Gonski called for more than a decade ago. Now, what we’ll do next year is change the funding of universities, so it’s needs-based as well, and the funding follows the student. And so more funding flows to students from disadvantaged backgrounds and students from regional Australia, because we know that there is not just fewer young people from disadvantaged backgrounds starting a degree but fewer finishing a degree.

    It also means, and I’m sorry for the long answer, but this is a comprehensive piece of work, building and operating more university Hubs in our outer suburbs, in our regions. When I was a kid growing up, there were a lot of Macca’s logos and a lot of Westfield logos in Western Sydney, not a lot of uni logos. Uni felt like it was someplace else for somewhere else. And a lot of my mates just either dropped out of school or finished school, never thought of uni because they thought it wasn’t for them. I want to change that too. And that’s what those Hubs are about. But this Accord is big. It’s the work of multiple governments and multiple ministers. That’s why we’ve set up the Australian Tertiary Education Commission to act as a steward to drive long-term reform here. And there is more work to do. This is just the start.

    JOURNALIST: If I can just follow up on that. Does that mean some of those changes involve potentially cutting student fees into the future?

    CLARE: Well, the ATEC’s job is to look at all of that. Not just that, but all of that.

    JOURNALIST: Can I go back to child care? I’m obviously very mindful you’re introducing this legislation today and the national database, it does require sort of corralling the states and territories. It’s a tricky job. Can you wait for this much longer, for this meeting to happen in the middle of August or later in August for a three-year period? And then can I ask as well, what’s the timeline for fresh year is setting up the database? This would take some time, would it not?

    CLARE: Josh, the truth is this should have happened yesterday. And this can’t happen fast enough. And states are already taking steps to expand their existing teacher registers. Victoria is a good example of that, and they’ll have that stood up by the end of August. So where states do that, that’s good, but we need to join it up, because to make the system work the way it needs to work, we need to be able to track people not just from centre to centre, but from state to state. And if you want evidence of why that’s important, have a look at the Ashley Griffith case in Queensland from a couple of years ago.

    JOURNALIST: If I may, this is on another issue –

    CLARE: Yep, and then we’ll bounce back.

    JOURNALIST: When are we looking to see the Government’s 2035 emissions target, and can we expect a more ambitious target?

    CLARE: Oh, look, I’ll ask you to talk to Chris Bowen about that. I’m pretty busy today on some pretty important things.

    JOURNALIST: Just back on the future student stuff, the cost of an arts or humanities degree has almost doubled under the last government. Is that something you’re looking to change this term?

    CLARE: Really, it’s the same answer that I gave just a moment ago about the role of the ATEC.

    JOURNALIST: Could I just follow you up on one of the questions you asked a minute ago? What’s the timeline for setting up a register like this with the national database for the childcare workers? I mean, and I believe there was a Child Safety Authority report in 2013 that said investigations into –

    CLARE: 2023, I think, Josh?

    JOURNALIST: Maybe 2023. The problem is investigations into sexual assaults that were unsubstantiated, whether they would be included in a data set?

    CLARE: Two separate questions. We want to stand this up as quickly as possible, and I mentioned in my previous answer the work that states are doing, but ACECQA, the National Independent Authority, is doing that work about what the elements of the register need to involve, and that will be presented to ministers when we meet in August. On that second question, that’s something that attorneys will be looking at as part of the working with children checks.

    JOURNALIST: Is it time for a national watchdog in this space?

    CLARE: Well, one of the things that the Productivity Commission recommended when they provided us with a blueprint for reform of early education and care, and I touched on the Accord, which is the equivalent for higher education, is a national early education and care commission. And I’ve got an open mind about that. I’ve said that in the media last week. What that report said is we’ve got to do a number of things to build a better, a fairer and a safer early education and care system. One of those, the first of those, is to pay workers more. When you pay people more, more people want to and we’re seeing the evidence of that this year. That 15 per cent pay rise has meant that we’re now seeing more people come back to the sector and building a permanent workforce. Our kids will be safer if the workers are permanent, that they’re not moving in and out of centres all the time. So that pay rise is already reaping dividends for parents and for our children. It also recommended that we remove the activity test so kids from disadvantaged backgrounds don’t miss out on the value of early education and care. And it’s recommended a commission like this. In its report, it didn’t say that this would have a role in safety, but that doesn’t mean that it can’t. And this is something that we will look at in the future.

    JOURNALIST: It was already hard to get child care workers in Australia. I know that there’s been a pay rise since then. Are you concerned that people aren’t going to be choosing child care careers following the really heinous allegations that have come out?

    CLARE: I might ask Jess to comment on this as well because I know how dear this is to your heart. We want people to do this job. There aren’t many jobs in this country more important. They’re vested with the trust of our most precious things, our children. The little ones that walk through the door or are carried through the door of centres every single day. And that pay rise is doing what we really wanted it to do last year. We’re seeing the number of people applying to be an early education and care worker jump by, what is it, Jess, more than 20 per cent. The number of vacancies drop by about the same amount as well. That tells us if you pay people more, people want to do the job. And I do worry that these people who do this incredibly important job, one of them is my cousin, she’s worked in this sector for 35 years. I remember when my little guy first went into care, I said, ‘how do I pick a good centre?’ And she said, ‘go to the place where the people have been working there forever, where they don’t want to leave.’ That’s a great centre, but it’s also a safe centre. And if we want that to be everywhere, you’ve got to pay people better. A lot of people have been leaving to go and work at Bunnings and Woolies just because you could earn more. And so that’s why that pay rise is important and that’s why rebuilding trust and faith in in this service, in this system, is so important.

    WALSH: Thanks, Jason. Well, I think when Jason’s answered a question, there’s not much left to say. But I’ve been going out to early childhood education centres for the past few weeks and talking to educators as they grapple with this. And they are absolutely devastated and distressed by these allegations. But it’s not making them want to leave the sector. It’s making them determined to stay. These are the people who want to provide quality early childhood education. That is what they are there for. That is what they are going into work to do every single day. We do want to see more dedicated, committed early childhood educators in the sector. And that is exactly what is happening with the pay rise, a historic pay rise of 15 per cent that educators themselves advocated for years and years. The previous government didn’t take action on that front. It meant that early childhood educators were undervalued. It meant that in our first term of office the workforce was really in crisis. People were leaving the jobs that they love because they weren’t earning enough and love just doesn’t pay the bills. So what we’re seeing with this pay rise is people coming back to the sector. We’re seeing people stay in the sector and we’re seeing them able to provide that really high quality care that children deserve and that they want to provide. And again, that continuity in an early learning centre with educators is the absolute key to quality and safety. When educators know each other, when they know the children, when they know the families, that’s when we get quality, safe, early childhood education. This historic 15 per cent pay rise has been a game changer for that.

    CLARE: Thanks very much everybody.
     

    MIL OSI News

  • MIL-OSI Security: U.S.-Philippine Airmen Strengthen Ties During Cope Thunder 25-2

    Source: United States INDO PACIFIC COMMAND

    CLARK AIR BASE, Philippines — U.S. Pacific Air Forces and Philippine Air Force members participated in Cope Thunder 25-2, a bilateral training conducted across multiple locations in the Philippines. The exercise aimed to strengthen partnerships and support the Philippine Air Force’s modernization efforts, promoting regional and global stability.

    MIL Security OSI

  • MIL-OSI Security: Team Andersen celebrates Guam’s 81st Liberation Day

    Source: United States INDO PACIFIC COMMAND

    ANDERSEN AIR FORCE BASE, Guam — 36th Wing Airmen and service members from every branch of the U.S. military marched, celebrated, and commemorated Guam’s 81st Liberation Day with the local community in the capital city of Hagatna, Guam, July 21, 2025.

    MIL Security OSI

  • MIL-OSI China: Hong Kong sees equity market revival amid policy incentives, improved outlook

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

    Recent initiatives from the central government have boosted market liquidity. Upgrades to the Bond Connect, enhancements to the Cross-boundary Wealth Management Connect Scheme, and facilitative payment arrangements for Hong Kong and Macao residents purchasing properties in the Chinese mainland cities of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), have contributed to this positive momentum.

    The China Securities Regulatory Commission’s efforts to optimize the Shanghai-Hong Kong and Shenzhen-Hong Kong stock connects further reinforce Hong Kong’s status as an international financial hub.

    Economist Leung Hoi Ming notes that China’s position as the world’s second-largest economy is expected to contribute about 21 percent of global GDP growth, providing solid support for Hong Kong stocks.

    Hong Kong consistently ranks as the world’s freest economy, third among global financial centers, and maintains top positions in investment climate, international trade, commercial regulations, and air cargo.

    The Hong Kong Special Administrative Region (HKSAR) government’s moves to streamline market listing procedures have helped boost initial public offerings (IPOs) by 30 percent year on year to 52 cases by mid-July. Total funds raised soared 590 percent to 124 billion Hong Kong dollars (15.8 billion U.S. dollars), making Hong Kong the biggest IPO market worldwide, HKSAR Chief Executive John Lee said in a social media post on Monday.

    The unique valuation advantage of Hong Kong stocks continues to attract both international and Chinese mainland investments. Recent data indicates a significant influx of southbound funds, reflecting renewed confidence among Chinese mainland investors.

    Carlson Tong, chairman of Hong Kong Exchanges and Clearing Limited (HKEX), mentioned that Chinese mainland companies currently listed in Hong Kong account for 81 percent of the total market value.

    The ongoing strength of Hong Kong stocks positively impacts both local and Chinese mainland capital markets, enhancing investor confidence and liquidity. Kevin Liu, chief offshore China and Overseas strategist at China International Capital Corporation, highlighted that active liquidity in the Hong Kong stock market is evident in an average daily trading volume of 240.6 billion Hong Kong dollars, showing a notable increase compared to the average daily trading volume in 2024, setting a historical high.

    Improved financing conditions are encouraging companies to list and refinance, particularly in high-growth sectors like technology and innovation. Since early 2025, driven by sectors such as AI, new consumption, and innovative pharmaceuticals, Hong Kong’s market has even outperformed its global counterparts at times, said Liu.

    As the stock market rises, global interest in China’s economy increases, promoting a virtuous circle of capital market openness and high-quality economic development, experts say.

    Leung believes that the stock market’s rise reflects positive expectations regarding the fundamentals of the economy of the Chinese mainland, attracting more attention and investment from global capital. This influx brings more mature investment concepts and resources into the capital market, further optimizing its structure, he added.

    Meanwhile, experts emphasize the need for continued market optimization to attract long-term investment, noting that encouraging more quality companies to list in Hong Kong will deepen and stabilize the market, enhancing its appeal as a global capital platform.

    The HKSAR government will continue to improve the listing regime and boost market liquidity to attract more high-quality global companies to list in Hong Kong, Lee pledged earlier. 

    MIL OSI China News

  • MIL-OSI: Arclaim: Unlocking New Possibilities in DeFi Staking with Smart Contracts

    Source: GlobeNewswire (MIL-OSI)

    WELLINGTON, New Zealand, July 22, 2025 (GLOBE NEWSWIRE) — In the ever-changing world of decentralized finance (DeFi), staking has emerged as a cornerstone for crypto enthusiasts seeking passive income. Yet, the untapped liquidity of staked assets remains a persistent challenge for users. Arclaim, a next-generation DeFi platform, introduces a fresh perspective by transforming the staking experience through smart contract innovation, making crypto assets more dynamic, accessible, and profitable.

    Reimagining Staking: Beyond Passive Earnings

    Unlike traditional staking platforms that focus solely on fixed rewards, Arclaim is built on the principle of active asset optimization. By deploying smart contracts that combine staking with dynamic earning mechanisms, Arclaim empowers users to turn their crypto holdings into multi-purpose financial tools. Whether it’s through high-yield staking pools or arbitrage-based earning strategies, Arclaim offers an ecosystem where every staked asset works harder.

    “At Arclaim, we believe staking should be more than just locking your assets in place,” explains Josh Smith, spokesperson for Arclaim. “Our goal is to create an environment where users can benefit from advanced earning opportunities without compromising security or usability.”

    The Core of Arclaim’s Innovation

    The Arclaim platform stands out by introducing a revolutionary approach to staking that emphasizes flexibility, transparency, and user empowerment. Here’s how it works:

    • Smart Contract Automation: Arclaim’s system identifies and secures high-performing staking pools, automatically deploying user funds to maximize returns.
    • Integrated Arbitrage Opportunities: Beyond staking rewards, the platform captures price discrepancies across DeFi markets, adding a secondary revenue stream for users.
    • Transparent Profit Sharing: With 98% of profits returned to users, Arclaim ensures that the community benefits directly from all earnings, retaining only a minimal fee for platform operations.
    • User-Friendly Design: The intuitive platform allows users to monitor their assets, track earnings, and withdraw profits with ease—removing the complexity often associated with DeFi tools.

    This seamless integration of technology and user-centric design positions Arclaim as a leader in decentralized staking.

    Why Arclaim Matters in the Evolving DeFi Landscape

    The DeFi ecosystem has seen rapid growth, but liquidity challenges and technical barriers continue to limit access for many users. Arclaim addresses these issues by bridging the gap between innovation and accessibility. Key benefits include:

    • Maximized Asset Efficiency: Users can generate returns not only from staking but also from arbitrage opportunities, creating new earning potential.
    • Security at Its Core: Every smart contract is rigorously audited, ensuring that user funds are protected under all circumstances.
    • Community-Centered Models: By allocating the majority of profits back to users, Arclaim fosters long-term trust and financial growth within its ecosystem.

    Who Will Benefit from Arclaim?

    Arclaim is designed for anyone looking to optimize their crypto assets—whether you’re a beginner exploring DeFi for the first time or an experienced investor seeking more advanced strategies. With its low entry barrier, the platform democratizes staking, offering opportunities for users of all levels to participate in high-yield financial activities without requiring deep technical knowledge.

    A Vision for the Future of Staking

    As decentralized finance evolves, Arclaim is setting new standards for what staking platforms can achieve. By combining robust technology with a commitment to user empowerment, the platform not only addresses the liquidity challenges of today but also paves the way for more inclusive and efficient financial systems.

    Arclaim’s vision extends beyond staking, aiming to unlock the full potential of crypto assets through innovation, accessibility, and transparency. Whether it’s helping users earn more from their investments or redefining how assets are managed in DeFi, Arclaim is at the forefront of a new era in decentralized finance.

    About Arclaim Finance

    Headquartered in Wellington, New Zealand, Arclaim Finance is a trailblazer in the DeFi space, dedicated to optimizing the liquidity and earning potential of crypto assets. By combining cutting-edge smart contract technology with a user-focused design, Arclaim is revolutionizing the staking experience for a global audience.

    For more information, visit arclaim.com and join the next chapter in decentralized staking.

    Media Contact:
    Josh Smith
    Arclaim Finance
    Email: support@arclaim.com

    Disclaimer: This press release is provided by Arclaim Finance. 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. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. 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.

    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 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/ec744808-c1c4-46f3-8f8e-683387a3811d

    The MIL Network

  • MIL-OSI Russia: Deputy Prime Minister of the Russian Federation Dmitry Grigorenko visited Novosibirsk State University

    Translation. Region: Russian Federal

    Source: Novosibirsk State University –

    An important disclaimer is at the bottom of this article.

    On Monday, July 21, Deputy Prime Minister of the Russian Federation – Chief of the Government Staff Dmitry Grigorenko visited the Novosibirsk Region on a working visit. One of the items on the agenda was a visit to Novosibirsk State University, where guests were presented with developments of the Center for Artificial Intelligence (CAI) and the Advanced Engineering School (AES) of NSU.

    During the meeting, the rector of NSU, academician of the Russian Academy of Sciences Mikhail Fedoruk, introduced the vice-premier to the history of the university, told him what is special about NSU, what it is now and what are the plans for the near future. He noted the special role of the university as a center of attraction for innovations and its contribution to the development of Akademgorodok, Novosibirsk and the country as a whole. Mikhail Fedoruk also emphasized that all the main strategic technological projects that the university is implementing within the framework of the Priority 2030 program are somehow related to new technologies and artificial intelligence.

    The AI Center employees, in turn, presented a number of projects that are at various stages of readiness. In partnership with Rostelecom, a whole line of video detectors is being developed that monitor various situations that require the intervention of emergency and city services.

    Currently, about two dozen such detectors have been created, some of which have already been installed for testing in real conditions at the university campus facilities. In the future, the developers want to move on to creating detectors capable of tracking several specified signs or threats at once in order to optimize the operation of video surveillance systems.

    A prototype of an autonomous intelligent assistant for visually impaired and blind patients was also presented, operating on the basis of using large language models and artificial intelligence technologies. This is a joint development with another industrial partner of the AI Center – the Novosibirsk branch of the Federal State Autonomous Institution “NMITs “MNTK “Microsurgery of the Eye” named after Academician S.N. Fedorov” of the Ministry of Health of the Russian Federation.

    — The principle of operation of this system is simple: a video camera will “see” instead of a person, the information from which will be sent to a portable computer, which will convert it into text. Then the text description is converted by a voice assistant and sent through headphones directly to the patient, — explained the head of the project at the NSU Center for Information Technologies Alexey Okunev.

    Another area of work is related to monitoring atmospheric and noise pollution in municipalities. Here, the partner of the NSU Center for Informatics and Information Technologies is the Novosibirsk company CityAir, which specializes in the production and maintenance of networks and services for monitoring the quality of atmospheric air. Together with the university, the company intends to more widely implement artificial intelligence technologies in its work, thereby increasing the capabilities of the supplied equipment.

    The NSU Advanced Engineering School has presented a “digital core” project for oil companies. NSU is the lead organization of a consortium that won a grant of 210 million rubles to develop digital core methods, an innovative tool that will help the Russian oil industry improve the efficiency of extracting hard-to-recover oil and gas reserves. The research will be conducted using the latest synchrotron, the Siberian Ring Photon Source (SKIF), located in the science city of Koltsovo.

    — The subject of digital core combines the most advanced methods of mathematical modeling, experimental research techniques and data processing. The unique capabilities of synchrotron radiation will allow us to close these areas, making it possible to instrumentally track the impact of various methods of increasing oil recovery on rock and choose the most optimal scenarios for developing hard-to-recover oil and gas reserves, — commented Sergey Golovin, Director of the Advanced Engineering School of NSU, Professor of the Russian Academy of Sciences.

    Dmitry Grigorenko highly praised the developments presented to him, while emphasizing that any remarkable results should not remain “a thing in itself,” and it is necessary to move on to their implementation in the real sector of the country’s economy as quickly as possible.

    — Such visits by representatives of the country’s leadership are very important for us. We get the opportunity to tell the top officials of the state about the results of our work, to understand from their reaction how relevant our developments are and, in case of a positive assessment, to receive support in implementation, which today is one of the most difficult barriers for most developers, — commented on the results of the visit the director of the NSU Center for Information Technologies Alexander Lyulko.

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

    .

    MIL OSI Russia News

  • MIL-OSI: DMG Blockchain Solutions Announces Exploration of Digital Asset Treasury Strategy

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, July 22, 2025 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and data center technology company, today announces that it has engaged a consultant to assess and help implement institutional-grade treasury management within the regulated custody platform operated by its wholly owned subsidiary, Systemic Trust Company (“STC”). This platform would serve both DMG and STC’s clients by offering custody services. DMG is also assessing additional capabilities intended to further enhance treasury value.

    Digital asset treasuries have recently gained prominence for their ability to generate net asset value (NAV) premiums through active management, in contrast to exchange-traded funds (ETFs), which typically trade in line with the value of their underlying assets. DMG’s digital asset portfolio is currently composed solely of bitcoin, although the Company is considering the inclusion of other digital assets. To support the platform, DMG may utilize its existing bitcoin, add its proceeds from Bitcoin mining and/or raise capital to expand its treasury. As of the date of this press release, DMG is ranked #54 among Top Public Bitcoin Treasury Companies on BitcoinTreasuries.net.

    DMG’s CEO, Sheldon Bennett, commented, “Investors are moving beyond ETFs and HODLing. They want strategies that actively build digital asset value. At DMG, we control the entire stack – secure computing infrastructure, Bitcoin mining operations and our regulated custody platform. This integration delivers a solution that few can match. By leveraging our end-to-end platform, we can facilitate the creation and expansion of digital asset portfolios for ourselves and our clients.”

    About Systemic Trust Company Ltd.

    Systemic Trust is fully regulated under the Alberta Loans and Trust Corporations Act, ensuring client digital assets are managed with the highest standards of compliance and security. Systemic Trust combines regulatory compliance, cutting-edge technology and robust insurance coverage to deliver the ultimate digital asset custody experience.

    About DMG Blockchain Solutions Inc.

    DMG is a publicly traded and vertically integrated blockchain and data center technology company that manages, operates and develops end-to-end digital solutions to monetize the digital asset and artificial intelligence compute ecosystems. Systemic Trust Company, a wholly owned subsidiary of DMG, is an integral component of DMG’s carbon-neutral Bitcoin ecosystem, which enables financial institutions to move Bitcoin in a sustainable and regulatory-compliant manner.

    For additional information about DMG Blockchain Solutions and its initiatives, please visit www.dmgblockchain.com. Follow @dmgblockchain on X, LinkedIn and Facebook, and subscribe to the DMG YouTube channel to stay updated with the latest developments and insights.

    For further information, please contact:

    On behalf of the Board of Directors,

    Sheldon Bennett, CEO & Director
    Tel: +1 (778) 300-5406
    Email: investors@dmgblockchain.com
    Web: www.dmgblockchain.com

    For Investor Relations:
    investors@dmgblockchain.com

    For Media Inquiries:
    Chantelle Borrelli
    Head of Communications
    chantelle@dmgblockchain.com

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

    Cautionary Note Regarding Forward-Looking Information

    This news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include statements regarding DMG’s strategies and plans, assessing and implementing institutional-grade treasury management features within the regulated custody platform operated by its wholly owned subsidiary, Systemic Trust Company, the consideration of the inclusion of other digital assets in treasury management, securing new clients for the Systemic Trust digital asset custody subsidiary, the opportunity and plans to monetize bitcoin transactions and provide additional products and services to customers and users, the continued investment in Bitcoin network software infrastructure and applications, the expected allocation of capital, developing and executing on the Company’s products and services, increasing self-mining, increasing hashrate, efforts to improve the operation of its mining fleet, the launch of products and services, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information.

    Future changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hashrate may materially affect the future performance of DMG’s production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hashrate mining difficulty.

    Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoin; the demand and pricing of AI data centers and usage; security threats, including a loss/theft of DMG’s bitcoin; DMG’s relationships with its customers, distributors and business partners; the inability to add more power to DMG’s facilities; DMG’s ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG’s business. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca. In addition, DMG’s past financial performance may not be a reliable indicator of future performance.

    Factors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment and/or infrastructure failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of viruses and diseases on the Company’s ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoin from DMG or its customers, consumer sentiment towards DMG’s products, services and blockchain and AI technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.

    The MIL Network

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for July 23, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on July 23, 2025.

    Hard labour conditions of online moderators directly affect how well the internet is policed – new study
    Source: The Conversation (Au and NZ) – By Tania Chatterjee, Joint PhD Candidate at Indian Institute of Technology, Delhi, The University of Queensland Getty Images/GCShutter Big tech platforms often present content moderation as a seamless, tech‑driven system. But human labour, often outsourced to countries such as India and the Philippines, plays a pivotal role in

    Ghosted by a friend? 4 expert tips on how to handle the hurt
    Source: The Conversation (Au and NZ) – By Megan Willis, Associate Professor, School of Behavioural and Health Sciences, Australian Catholic University martin-dm/Getty When we talk about “ghosting”, we usually think it relates to dating. But what happens when you’ve been ghosted by someone you’ve known for years – your childhood best friend, a parent, a

    Labor’s new bill would cut HELP loans by 20%. But it also risks locking some graduates into a ‘debt treadmill’
    Source: The Conversation (Au and NZ) – By Andrew Norton, Professor of Higher Education Policy, Monash University The Albanese government’s 20% cut to student debt is the first bill introduced to the new federal parliament. It is clever politics. In the government’s first term, the 3 million Australians with a student debt turned high indexation

    ICJ climate crisis ruling: Will world’s top court back Pacific-led call to hold governments accountable?
    By Jamie Tahana in The Hague for RNZ Pacific In 2019, a group of law students at the University of the South Pacific, frustrated at the slow pace with which the world’s governments were moving to address the climate crisis, had an idea — they would take the world’s governments to court. They arranged a

    ‘Maybe this is the last minutes you are living’: how the war is impacting young Ukrainians
    Source: The Conversation (Au and NZ) – By Ashley Humphrey, Lecturer in Social Sciences, Monash University Now into its fourth year, the war that followed Russia’s invasion of Ukraine has taken a devastating toll. An estimated 60,000 to 100,0000 Ukrainian lives have been lost and more than 10 million citizens displaced, and entire cities have

    Auckland is NZ’s ‘primate city’ but its potential remains caged in by poor planning and vision
    Source: The Conversation (Au and NZ) – By Timothy Welch, Senior Lecturer in Urban Planning, University of Auckland, Waipapa Taumata Rau Getty Images The recent report comparing Auckland to nine international peer cities delivered an uncomfortable truth: our largest city is falling behind, hampered by car dependency, low-density housing and “weak economic performance”. The Deloitte

    Climate disasters are pushing people into homelessness – but there’s a lot we can do about it
    Source: The Conversation (Au and NZ) – By Timothy Heffernan, Lecturer in Anthropology, Australian National University Almost half of all Australian properties are at risk of bushfire, while 17,500 face risk of coastal erosion. By 2030, more than 3 million will face riverine flood risk. Meanwhile, housing demand continues to outpace supply. With climate-related disasters

    UK bans Gaza protest group – could the same thing happen in Australia?
    Source: The Conversation (Au and NZ) – By Shannon Bosch, Associate Professor (Law), Edith Cowan University More than 100 people were arrested in the United Kingdom on the weekend for supporting Palestine Action, a protest group that opposes Britain’s support of Israel. Palestine Action was recently proscribed as a terrorist organisation, placing it in the

    The incredible impact of Ozzy Osbourne, from Black Sabbath to Ozzfest to 30 years of retirement tours
    Source: The Conversation (Au and NZ) – By Lachlan Goold, Senior Lecturer in Contemporary Music, University of the Sunshine Coast Ozzy Osbourne photographed in London in 1991. Martyn Goodacre/Getty Images Ozzy Osbourne, the “prince of darkness” and godfather of heavy metal, has died aged 76, just weeks after he reunited with Black Sabbath bandmates for

    Could the latest ‘interstellar comet’ be an alien probe? Why spotting cosmic visitors is harder than you think
    Source: The Conversation (Au and NZ) – By Sara Webb, Lecturer, Centre for Astrophysics and Supercomputing, Swinburne University of Technology Comet 3I/ATLAS International Gemini Observatory/NOIRLab/NSF/AURA/K. Meech/Jen Miller/Mahdi Zamani, CC BY On July 1, astronomers spotted an unusual high-speed object zooming towards the Sun. Dubbed 3I/ATLAS, the surprising space traveller had one very special quality: its

    Should Australia lower the voting age to 16 like the UK? We asked 5 experts
    Source: The Conversation (Au and NZ) – By Pandanus Petter, Postdoctoral Research Fellow, School of Politics and International Relations, Australian National University The government in the UK is introducing legislation into parliament to lower the voting age to 16. If passed, the new age rules will be in place for the next general election, expected

    Doctors shouldn’t be allowed to object to medical care if it harms their patients
    Source: The Conversation (Au and NZ) – By Julian Savulescu, Visiting Professor in Biomedical Ethics, Murdoch Children’s Research Institute; Distinguished Visiting Professor in Law, University of Melbourne; Uehiro Chair in Practical Ethics, The University of Melbourne HRAUN/Getty A young woman needs an abortion and the reasons, while urgent, are not medical. A United States Navy

    Ultra fast fashion could be taxed to oblivion in France. Could Australia follow suit?
    Source: The Conversation (Au and NZ) – By Rowena Maguire, Professor of Law and Director of the Centre of Justice, Queensland University of Technology Ryan McVay/Getty For centuries, clothes were hard to produce and expensive. People wore them as long as possible. But manufacturing advances have steadily driven down the cost of production. These days,

    Central bank independence and credibility matters. Here’s why
    Source: The Conversation (Au and NZ) – By John Simon, Adjunct Fellow in Economics, Macquarie University Olga Kashubin/Shutterstock In the United States, President Donald Trump has been pressuring the chairman of the US Federal Reserve, Jerome Powell, to slash interest rates. This is partly to ease the interest payments on the ballooning US government debt.

    Kneecap’s stance on Gaza extends a long history of the Irish supporting other oppressed peoples
    Source: The Conversation (Au and NZ) – By Ciara Smart, PhD Graduand in Australasian Irish History, University of Tasmania Love them or hate them, there’s no doubt Irish hip-hop trio Kneecap are having a moment. Their music – delivered in a powerful fusion of English and Irish – is known for its gritty lyrics about

    Do countries have a duty to prevent climate harm? The world’s highest court is about to answer this crucial question
    Source: The Conversation (Au and NZ) – By Nathan Cooper, Associate Professor of Law, University of Waikato Getty Images The International Court of Justice (ICJ) will issue a highly anticipated advisory opinion overnight to clarify state obligations related to climate change. It will answer two urgent questions: what are the obligations of states under international

    Gaza not a religious issue – it’s a massive violation of international law, say accord critics
    Asia Pacific Report Groups that have declined to join the government-sponsored “harmony accord” signed yesterday by some Muslim and Jewish groups, say that the proposed new council is “misaligned” with its aims. The signed accord was presented at Government House in Auckland. About 70 people attended, including representatives of the New Zealand Jewish Council, His

    Flying the flags for Palestine – NZ protesters take message to Devonport
    The Devonport Flagstaff About 200 people marched in Devonport last Saturday in support of Palestine. Pro-Palestine flags and placards were draped on the band rotunda at Windsor Reserve as speakers, including Green Party co-leader Chlöe Swarbrick and the people power manager of Amnesty International Aotearoa New Zealand Margaret Taylor, a Devonport local, encouraged the crowd

    View from The Hill: How much can Jim Chalmers get out of the economic reform roundtable?
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra We’re now less than a month away from the start of the Albanese government’s “economic reform” (aka “productivity”) roundtable, but it has become quite hard to get a fix on exactly what this gathering will amount to. The guest list

    Israeli settlers beat to death 2 Palestinians in latest lynchings
    BEARING WITNESS: By Cole Martin in occupied West Bank Two young Palestinians were beaten to death on their land by Israeli settlers in the occupied West Bank on Friday. A funeral was held on Sunday for Sayfollah “Saif” Mussalet, 20, and Muhammad Shalabi, 23, who were brutally killed by a large group of settlers in

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: The first meeting of the Belarusian-Tajik intergovernmental commission on military-technical cooperation was held in Minsk

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    MINSK, July 23 (Xinhua) — The first meeting of the Belarusian-Tajik intergovernmental commission on military-technical cooperation was held in Minsk on Tuesday, the press service of the State Military-Industrial Committee (Goskomvoenprom) of Belarus reported.

    The event was held under the leadership of the Chairman of the State Military Industrial Committee Dmitry Pantus and the Minister of Industry and New Technologies of Tajikistan Sherali Kabir. During the meeting, the parties reviewed the progress of the implementation of existing contracts, as well as promising areas for further cooperation and algorithms for their implementation.

    “This dialogue opens up new opportunities for strengthening the partnership between the two countries in the field of military technologies,” the State Military Industrial Committee said. –0–

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

    .

    MIL OSI Russia News

  • MIL-Evening Report: Hard labour conditions of online moderators directly affect how well the internet is policed – new study

    Source: The Conversation (Au and NZ) – By Tania Chatterjee, Joint PhD Candidate at Indian Institute of Technology, Delhi, The University of Queensland

    Getty Images/GCShutter

    Big tech platforms often present content moderation as a seamless, tech‑driven system. But human labour, often outsourced to countries such as India and the Philippines, plays a pivotal role in making judgements that involve understanding context. Technology alone can’t do this.

    Behind closed doors, hidden human moderators are tasked with filtering some of the internet’s most harmful material. They often do so with minimal mental health support and under strict non-disclosure agreements.

    After receiving vague training, moderators are expected to make decisions within seconds, keeping in mind a platform’s constantly changing content policies and ensuring at least 95% accuracy.

    Do these working conditions affect moderating decisions? To date, we don’t have much data on this. In a new study published in New Media & Society, we examined the everyday decision-making process of commercial content moderators in India.

    Our results shed light on how the employment conditions of moderators do shape the outcomes of their work – and three key arguments that emerged from our interviews.

    Efficiency over appropriateness

    “Would never recommend de-ranking content as it would take time.”

    —A 28-year-old audio moderator working for an Indian social media platform

    As moderators work under high productivity targets, it compels them to prioritise content that can be handled quickly without drawing attention from supervisors.

    In the above excerpt, the moderator explained she avoided content and processes that required more time to maintain her pace. While observing her work over a screen-share session, we noticed that reducing the visibility of content (de-ranking) involved four steps. Meanwhile ending live streams or removing posts required only two steps.

    To save time, she skipped the content flagged to be de-ranked. As a result, content marked for reduced visibility, such as impersonations, often remained on the platform until another moderator intervened.

    This shows how productivity pressures in the moderation industry easily lead to problematic content staying online.

    Decontextualised decisions

    “Ensure that none of the highlighted yellow words remained on the profile”

    —Instructions received by a text/image moderator

    Moderation work often includes automation tools that can detect certain words in text, transcribe speech, or use image recognition to scan the contents of pictures.

    These tools are supposed to assist moderators by flagging potential violations for further judgement that takes context into account. For example, is the potentially offensive language simply a joke, or does it actually violate any policies?

    In practice we found that under tight timelines, moderators frequently follow the tools’ cues mechanically rather than exercising independent judgement.

    The quoted moderator above described instructions from her supervisor to simply remove text detected by the software. During a screen-share, we observed her removing flagged words without evaluating the context.

    Often the automation tools that queue content and organise it for human moderators will also detach it from the broader conversational context. This makes it even harder for the moderator to make a context-based judgement on content that gets flagged but was actually innocent – despite that judgement being one of the reasons human moderators are hired in the first place.

    Impossibility of thorough judgements

    “If you guys can’t do the work and complete the targets, you may leave”

    —Work group message of a freelance content moderator

    Precarious employment compels moderators to mould their decision‑making processes around job security.

    They are compelled to use strategies that allow them to decide quickly and appropriately. In turn, this influences their future decisions.

    For instance, we found that over time, moderators develop a list of “dos and don’ts”. They may dilute expansive moderation guidelines into an easily remembered list of ethically unambiguous violations which they can quickly follow.

    These strategies reveal how the very structure of the moderation industry impedes thoughtful decisions and makes thorough judgement impossible.

    What should we take away from this?

    Our findings show that moderation decisions aren’t just shaped by platform policies. The precarious working conditions of moderators play a crucial role in how content gets moderated.

    Online platforms can’t put into place consistent and thorough moderation policies if the moderation industry’s employment practices are not improved too. We argue that content moderation and its effectiveness are as much a labour issue as it is a policy challenge.

    For truly effective moderation, online platforms must address the economic pressures on moderators, such as strict performance targets and insecure employment.

    We need greater transparency around how much platforms spend on human labour in trust and safety, both in‑house and outsourced. Currently, it’s not clear whether their investment in human resources is truly proportionate to the volume of content flowing through their platforms.

    Beyond employment conditions, platforms should also redesign their moderation tools. For example, integrating quick‑access rulebooks, implementing violation‑specific content queues, and standardising the steps required for different enforcement actions would streamline decision-making, so that moderators don’t default to faster options just to save time.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Hard labour conditions of online moderators directly affect how well the internet is policed – new study – https://theconversation.com/hard-labour-conditions-of-online-moderators-directly-affect-how-well-the-internet-is-policed-new-study-261386

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Congressman Johnson’s Statement on Supreme Court’s Ruling on Dismantling of Department of Education

    Source: United States House of Representatives – Representative Hank Johnson (GA-04)

    MIL OSI USA News

  • MIL-OSI USA: Norton Calls D.C. Appropriations Bill Text “Unreasonable” and “Patronizing” to 700,000+ D.C. Residents

    Source: United States House of Representatives – Congresswoman Eleanor Holmes Norton (District of Columbia)

    WASHINGTON, D.C. – The House Committee on Appropriations today released the text of its fiscal year 2026 (FY 26) Financial Services and General Government (FSSG) Appropriations bill, which Norton said includes an outrageous number of anti-home rule riders. Republicans try to attach the riders to the annual D.C. spending bill to exert control over local D.C. matters, despite their positions as federal officials who do not represent D.C. residents. Significantly, the bill would halve funding for DCTAG, a program established by a 1999 Norton bill. DCTAG makes up the difference for D.C. residents between in-state and out-of-state tuition up to $10,000 at public institutions of higher education in the U.S.

    “I am outraged at the number and scope of anti-D.C. home rule riders in the bill released today,” Norton said. “In my long career representing D.C. residents in Congress, I have rarely seen a bill as unreasonable and patronizing to the more than 700,000 people who live in the nation’s capital as this one. I will use every tool at my disposal to stop these riders from becoming law, and I commit to reminding my fellow lawmakers across the aisle that D.C. residents deserve the same consideration as their own constituents at every opportunity.” 

    The text released today:

    • Would permit anyone with a concealed carry permit from any state or territory to carry a concealed handgun in D.C. and on WMATA.
    • Would provide $20 million for the D.C. Tuition Assistance Grant Program (DCTAG), a 50% decrease from the current funding level.
    • Would prohibit D.C. from spending its own local funds on abortion services for low-income women.
    • Would prohibit D.C. from using local funds to carry out its Reproductive Health Non-Discrimination Amendment Act of 2014.
    • Would repeal D.C.’s Death with Dignity Act, and prohibits enacting any similar act.
    • Would require D.C. to submit a report on its enforcement of the Partial Birth Abortion Ban Act.
    • Would prohibit D.C. from spending its own local funds to enforce its vehicle emission standards.
    • Would prohibit D.C. from using local funds to carry out its automated traffic enforcement law.
    • Would prohibit D.C. from using its local funds to enact or carry out any law which prohibits motorists from making right turns on red.
    • Would repeal the provision of D.C.’s Anti-Strategic Lawsuit Against Public Participation law, or Anti-SLAPP law, that exempts from that law any claim brought by the D.C. government.
    • Would prohibit D.C. from using local funds to implement its law allowing noncitizens to vote in local elections or on activities related to enrolling or registering noncitizens into voter rolls for local elections.
    • Would prohibit D.C. from using local funds to implement its Comprehensive Policing and Justice Reform Amendment Act of 2022.
    • Would repeal parts of the Youth Rehabilitation Amendment Act of 2018 that allows courts to use sentencing alternatives for a person who was sentenced as an adult but was under the age of 24 at the time the person committed a crime, changing that age back to 22.
    • Would prohibit the use of funds to implement, administer, or enforce any COVID–19 mask or vaccine mandate.
    • Would prohibit the use of funds to commercialize recreational marijuana.
    • Would prohibit the use of funds to implement the Insurance Regulation Amendment Act of 2024, which relates to reproductive health care and gender-affirming care.
    • Would prohibit funds to implement or enforce provisions of the Consumer Protection Act against oil and gas companies for environmental claims.

    Among the anti-home rule riders are several victories secured by Norton, despite Republican control of the House.

    “Even among the long list of anti-home rule riders in the bill text released today, there are a number of victories for residents of the nation’s capital,” Norton said. “I was pleased to secure these wins for the District, including increasing the DCTAG yearly cap from $10,000 to $15,000 and lifetime award cap from $50,000 to $75,000, a change I have requested for years. Even in the face of funding for the overall program being cut by half, these increases are a positive for D.C. residents who are recipients of the program. I will continue to work to secure full funding for DCTAG.”

    The bill also maintains the provision to exempt the D.C. government from a federal government shutdown in FY 2026, a provision she has gotten enacted every year since FY 2015. It also approves D.C. to spend under its FY 26 local budget.

    Norton also secured the following victories in the bill:

    • Increasing the yearly cap on DCTAG to $15,000 from $10,000 and increasing the lifetime cap from $50,000 to $75,000.
    • Requiring ratably reducing the amount of tuition and fee payment of each eligible DCTAG student who receives more than $10,000 for the award year if there are insufficient funds.
    • Exempting D.C. from federal government shutdowns in FY 2026.
    • Providing $5.7 million for D.C. Water Clean Rivers Project.
    • Providing $70 million for the Emergency Planning and Security Fund. The fund pays for the unique public safety and security costs the District incurs as the nation’s capital, and is designed to cover the District’s costs upfront so D.C. does not need to expend local funds and then seek an appropriation to be reimbursed for such costs after the fact.
    • Providing $600,000 for the Major General David F. Wherley, Jr. District of Columbia National Guard Retention and College Access Program.
    • Providing $4 million to combat HIV/AIDS in D.C.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Norton Says Anti-Home Rule Riders on Subcommittee-Passed D.C. Appropriations Bill are “Appalling” and “Unsurprising”

    Source: United States House of Representatives – Congresswoman Eleanor Holmes Norton (District of Columbia)

    WASHINGTON, D.C. – The House Committee on Appropriations marked up and passed the fiscal year 2026 (FY 26) Financial Services and General Government (FSSG) Appropriations bill tonight, which Norton said includes an outrageous and irresponsible number of anti-home rule riders. Republicans try to attach the riders to the annual D.C. spending bill to exert control over local D.C. matters, despite their positions as federal officials who do not represent D.C. residents. Significantly, the bill would halve funding for DCTAG, a program established by a 1999 Norton bill. DCTAG makes up the difference for D.C. residents between in-state and out-of-state tuition up to $10,000 at public institutions of higher education in the U.S.

    “It is unsurprising that at a time when there are more frequent Republican attacks on D.C. home rule than any time since the 1990s, the D.C. appropriations bill reported out of a Republican-controlled subcommittee contains numerous and extensive riders that would overrule the expressed will of D.C. residents,” Norton said. “I am particularly appalled by the 50% cut in funding for DCTAG, a program created in 1999 by a bill I authored that simply helps pay for students who are D.C. residents to attend college.

    “I will use every tool at my disposal to stop these riders from becoming law, and I commit to reminding my fellow lawmakers across the aisle that D.C. residents deserve consideration equal to that given to as their own constituents.”

    As reported out of the subcommittee today, the bill:

    • Would provide $20 million for the D.C. Tuition Assistance Grant Program (DCTAG), a 50% decrease from the current funding level.
    • Would permit anyone with a concealed carry permit from any state or territory to carry a concealed handgun in D.C. and on WMATA.
    • Would prohibit D.C. from spending its own local funds on abortion services for low-income women.
    • Would prohibit D.C. from using local funds to carry out its Reproductive Health Non-Discrimination Amendment Act of 2014.
    • Would repeal D.C.’s Death with Dignity Act and prohibit enacting any similar act.
    • Would require D.C. to submit a report on its enforcement of the Partial Birth Abortion Ban Act.
    • Would prohibit D.C. from spending its own local funds to enforce its vehicle emission standards.
    • Would prohibit D.C. from using local funds to carry out its automated traffic enforcement law.
    • Would prohibit D.C. from using its local funds to enact or carry out any law which prohibits motorists from making right turns on red.
    • Would repeal the provision of D.C.’s Anti-Strategic Lawsuit Against Public Participation law, or Anti-SLAPP law, that exempts from that law any claim brought by the D.C. government.
    • Would prohibit D.C. from using local funds to implement its law allowing noncitizens to vote in local elections or on activities related to enrolling or registering noncitizens into voter rolls for local elections.
    • Would prohibit D.C. from using local funds to implement its Comprehensive Policing and Justice Reform Amendment Act of 2022.
    • Would repeal parts of the Youth Rehabilitation Amendment Act of 2018 that allows courts to use sentencing alternatives for a person who was sentenced as an adult but was under the age of 24 at the time the person committed a crime, changing that age back to 22.
    • Would prohibit the use of funds to implement, administer, or enforce any COVID–19 mask or vaccine mandate.
    • Would prohibit the use of funds to commercialize recreational marijuana.
    • Would prohibit the use of funds to implement the Insurance Regulation Amendment Act of 2024, which relates to reproductive health care and gender-affirming care.
    • Would prohibit funds to implement or enforce provisions of the Consumer Protection Act against oil and gas companies for environmental claims.

    Despite Republican control of the House, Norton secured several key victories for D.C., including the first increase in the annual and lifetime award caps for DCTAG recipients since the program was created in 1999.

    “I was pleased the bill that passed out of subcommittee tonight maintained several wins I secured for D.C., including increasing the DCTAG yearly cap from $10,000 to $15,000 and lifetime award cap from $50,000 to $75,000, a change I have requested for many years. Even in the face of funding for the overall program being cut by half, these increases are a positive for DCTAG recipients. I will continue to work to secure full funding for DCTAG.”

    The bill also maintains the provision to exempt the D.C. government from a federal government shutdown in FY 2027, a provision Norton has gotten enacted every year since FY 2015. It also approves D.C. to spend under its FY 26 local budget.

    Norton secured the following victories in the bill:

    • Increasing the yearly cap on DCTAG to $15,000 from $10,000 and increasing the lifetime cap from $50,000 to $75,000.
    • Requiring ratably reducing the amount of tuition and fee payment of each eligible DCTAG student who receives more than $10,000 for the award year if there are insufficient funds.
    • Exempting D.C. from federal government shutdowns in FY 2027.
    • Providing $5.7 million for D.C. Water Clean Rivers Project.
    • Providing $70 million for the Emergency Planning and Security Fund. The fund pays for the unique public safety and security costs the District incurs as the nation’s capital, and is designed to cover the District’s costs upfront so D.C. does not need to expend local funds and then seek an appropriation to be reimbursed for such costs after the fact.
    • Providing $600,000 for the Major General David F. Wherley, Jr. District of Columbia National Guard Retention and College Access Program.
    • Providing $4 million to combat HIV/AIDS in D.C.

    ###

    MIL OSI USA News

  • MIL-OSI China: Innovation, solid supply chain attracting FDI

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

    This aerial photo taken on July 5, 2023 shows the Tianjin factory of Danfoss, a global refrigeration industry giant, in north China’s Tianjin. [Photo/Xinhua]

    China will remain a vital innovation hub and manufacturing base for foreign corporations despite global economic uncertainty, said government officials and business leaders.

    They noted that foreign firms are maintaining deep engagement with the Chinese market, capitalizing on their technological expertise alongside China’s well-developed industrial and supply chains — a synergy that enhances operational efficiency, fosters innovation and strengthens supply chain resilience.

    Foreign-invested companies in China saw their export and import value grow by 2.4 percent year-on-year to 6.32 trillion yuan ($881.2 billion) in the first half, marking growth for the fifth consecutive quarter, statistics from the General Administration of Customs showed.

    The number of foreign-invested businesses in the country with actual import and export activities amounted to 75,000 in the first six months, the highest level for the same period since 2021, said the administration.

    China’s evolving industrial ecosystem — combining cost, quality and speed with advanced infrastructure — is transforming into a collaborative innovation hub where multinationals co-develop and expand alongside local partners, said Mohamed Kande, global chairman of PricewaterhouseCoopers International Ltd, a London-based global accounting company.

    Reflecting on this shift, Lyu Daliang, director of the GAC’s department of statistics and analysis, said that among the major manufacturing categories involved in foreign company exports, industries such as specialized equipment, electrical machinery and electronic devices all posted robust growth between January and June.

    One such company — Global Electric Appliance (Nantong) Co Ltd, a manufacturer of household appliances in Nantong, Jiangsu province and a subsidiary of a Singapore-based industrial group — reported a 31.9 percent year-on-year increase in exports, reaching 343 million yuan in the first half, said Nanjing Customs.

    Chen Jinxin, head of the company’s foreign trade unit, said the company has shipped its products, including vacuum and steam cleaners, to over 90 overseas markets, backed by China’s innovative solutions and a highly integrated supply chain that enables rapid product development and efficient global distribution.

    Apart from investing 3 billion yuan in its Hangzhou plant in Zhejiang province over the past decade, Italian chocolate and confectionery maker Ferrero Group said that the factory now supplies 53 percent of its products to the Chinese market, with the remaining 47 percent exported to more than 20 countries and regions across the Asia-Pacific, the Middle East and North America.

    Yang Lianjun, general manager of Ferrero’s Hangzhou plant, said the Chinese market offers significant opportunities, and the company may introduce additional premium product categories in the future, such as ice cream.

    To bolster its local research and development capabilities, Ferrero established a food innovation center within its Hangzhou facility last year. The center focuses on developing chocolate, confectionery and bakery products tailored to regional preferences and shortening time-to-market cycles.

    The Ministry of Commerce said foreign direct investment in China’s manufacturing sector reached 109.06 billion yuan in the first half, while high-tech industries attracted 127.87 billion yuan. FDI inflows from Switzerland, Japan, the United Kingdom and Germany rose by 68.6 percent, 59.1 percent, 37.6 percent and 6.3 percent, respectively.

    Amid a turbulent and uncertain global trade landscape, the stability of China’s policy environment and the long-term orientation of its planning have grown increasingly valuable, said Li Xingqian, vice-chairman of the China Council for the Promotion of International Trade.

    Neutrik Technology (Ningbo) Co Ltd, a Ningbo, Zhejiang province-based manufacturer of electronic connectors and a subsidiary of the European company Neutrik AG, reported a 19 percent year-on-year rise in first-half sales to 68.45 million yuan, covering both domestic sales and exports, said Ningbo Customs.

    Dong Lanju, the company’s president, said that China’s well-integrated industrial ecosystem and pro-business environment will continue to empower foreign manufacturers to expand production, boost operational efficiency and better capture opportunities in global markets.

    MIL OSI China News

  • MIL-OSI USA: MATSUI CONDEMNS REPUBLICAN CUTS TO PUBLIC MEDIA

    Source: United States House of Representatives – Congresswoman Doris Matsui (D-CA)

    WASHINGTON, D.C. – Today, Congresswoman Doris Matsui (CA-07), Ranking Member of the House Energy and Commerce Subcommittee on Communications and Technology, released the following statement in response toRepublicans passing the Trump administration’s $9 billion rescission package, including clawing back $1.1 billion in funding for public radio and television.

    “By ripping away funding for local radio and television stations, Republicans are jeopardizing Americans’ ability to access free, community-supported access to news, educational programming, and lifesaving emergency alerts,” said Congresswoman Matsui. “This is an attack on the over 1500 local stations nationwide—and the millions of Americans who rely on them—all to satisfy President Trump’s obsession with silencing dissenting voices and bullying our press into becoming his personal mouthpiece. Stations, especially those serving our most rural and remote communities, will be forced to cut back on programming, lay off staff, and even go off air.”

    “I will keep fighting against President Trump’s deliberate and dangerous assault on our free press,” Matsui continued. “Congress must fully restore funding to public media and protect it from political interference. We must stand up for Americans’ ability to access no-cost, trusted educational resources, nonpartisan journalism, and public safety content that connect the local communities they serve.”

    The Public Broadcasting Act of 1967 established the Corporation for Public Broadcasting (CPB) as a private, non-profit corporation to provide non-commercial educational programming to the public. For 50 years, Congress has provided advance appropriations for CPB to protect public media from political interference and provide the essential lead time to plan and develop high-quality programming. CPB provides grants to 1,216 public radio stations and 365 public television stations across the country, to provide nearly 99 percent of the U.S. population with free programming and services.

    Congresswoman Matsui has actively pushed back against the Trump administration’s attacks on a free and independent press. In March, Congresswoman Matsui introduced the Broadcast Freedom and Independence Act, legislation that would prohibit the Federal Communications Commission (FCC) from revoking broadcast licenses or taking action against broadcasters based on the viewpoints they disseminate. The legislation would reaffirm the importance of the independence of the FCC, including that the President should not mandate the FCC’s agenda.

    That same month, Congresswoman Matsui, along with Congressman Frank Pallone (NJ-06), Ranking Member of the House Energy and Commerce Committee, and Congresswoman Yvette Clarke (NY-09), Ranking Member of the Subcommittee on Oversight and Investigations Subcommittee, opened a probe into the Trump FCC’s sham investigations into media outlets. Congresswoman Matsui also led a bipartisan letter emphasizing the importance of federal funding for public radio and television.

    # # #

    MIL OSI USA News