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Category: Politics

  • MIL-OSI Russia: Graduation at the Polytechnic: Deputy of the Legislative Assembly noted the quality of personnel training

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    One of the honorary guests of the graduation ceremonies for masters and specialists of the Institute of Industrial Management, Economics and Trade was the deputy of the Legislative Assembly of St. Petersburg, Chairman of the Committee on Legislation, Chairman of the Council of Municipalities of St. Petersburg Vsevolod Belikov.

    Addressing the graduates, the parliamentarian emphasized that he was pleased with the interaction between the Polytechnic University and government bodies.

    “I sincerely congratulate you on this important and happy day — the end of a large stage in your life and the beginning of your professional path,” said Vsevolod Belikov. “I am glad that the connections between the Polytechnic University and the public authorities of St. Petersburg not only exist, but are developing systematically and effectively. The projects that we implement together, including the activities of the Public Administration Laboratory, are becoming an example of how deep academic knowledge and public administration practice can and should interact. We value your contribution — a fresh look, creative ideas, even in such difficult areas as legislative activity. This really helps make our work more effective. I congratulate the graduates, teachers, parents — and I am proud to say: the doors of not only the university, but also the entire public authority system are wide open for you!”

    During the ceremony, Vsevolod Fedorovich presented letters of gratitude to graduates who took an active part in the activities of the student associations “Public Administration Laboratory” and “Model UN Polytech”, as well as those who demonstrated themselves during professional practice in the field of public administration at various levels of government. The awards were given to masters of the direction “State and Municipal Administration” Ahad Almurzaev, Eldar Asadullaev, Varvara Bucherova, Yulia Katrashova, Kamila Nazmetdinova, Ilya Smerdov and Nikita Sukhomlinov.

    The guest of honor paid special attention to the quality of personnel training at the Polytechnic University. He presented letters of gratitude from the Chairman of the Legislative Assembly of St. Petersburg Alexander Belsky for a significant contribution to the training of qualified specialists for government bodies to the Director of IPMEiT Vladimir Shchepinin, Acting Director of the Higher School of Public Administration Olga Nadezhina, as well as teachers of the Higher School of Public Administration: Associate Professors Marina Ivanova, Maxim Ivanov, Tamara Selentyeva, Professors Victoria Degtereva and Alexander Sokolitsyn.

    “Polytech is a special place, it forms not only the elite of engineering and economic thought, but also future leaders in the public administration system. There are already those in the hall who work next to me, I am grateful to those who raised these wonderful people. We are one team! Polytech is cool!” – Vsevolod Belikov concluded his speech.

    Director of IPMEiT Vladimir Shchepinin emphasized the importance of the institute’s relations with the public authority system: “Today’s ceremony is not only a celebration of our graduates, but also a confirmation of the institute’s strong connection with government bodies as key social partners and employers. We are proud that our students are in demand in public administration structures, and joint projects with the Legislative Assembly and other government bodies give them the opportunity to apply their knowledge in practice while still studying. Special words of gratitude go to Vsevolod Fedorovich Belikov for his attention to young specialists and support of our interaction with the civil service system.”

    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 –

    July 18, 2025
  • MIL-OSI Russia: China Launches Wind Energy Technology Courses for Representatives from Belt and Road Initiative Countries

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 18 (Xinhua) — A wind energy technology course opened Thursday morning in Lanzhou, capital of northwest China’s Gansu Province, for representatives from countries participating in the Belt and Road Initiative.

    According to the Gansu Daily newspaper, 28 cadets from 9 countries, including Azerbaijan, Malaysia, Egypt, Costa Rica, Kenya and Nigeria, took part in the opening ceremony of the courses.

    The training courses will last 21 days. The program of the courses includes professional lectures, technological exchanges, seminars, study tours, etc.

    Representatives from different countries will systematically study applied wind energy technologies and management experience in this area.

    Gansu Province has advantages in resources, production and technology in solar and wind energy development.

    It should be recalled that the Gansu Institute of Natural Energy Resources has been involved in organizing training courses to provide assistance to foreign countries since 1991. To date, a total of 109 international training courses on renewable energy such as solar and wind energy have been held. The training projects have trained more than 2,800 government officials and senior technical personnel for more than 130 countries. -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 –

    July 18, 2025
  • MIL-OSI USA: Rep. Fitzgerald Statements on Passage of Defense Spending and Rescission Legislation

    Source: United States House of Representatives – Congressman Scott Fitzgerald (WI-05)

    WASHINGTON, DC – Congressman Scott Fitzgerald (WI-05) issued the following statements in response to the passage of the Senate Amendment to H.R. 4, the Rescissions Act of 2025 and H.R. 4016, the Department of Defense Appropriations Act, 2026:

    H.R. 4, the Rescissions Act of 2025

    “Wisconsin families are sick and tired of seeing their hard-earned tax dollars funneled to politically biased media here at home. With the passage of the Rescissions Act of 2025, we aren’t just cutting spending—we are codifying the Department of Government Efficiency’s (DOGE) findings into law,” said Rep. Fitzgerald.

    “This bill locks in $9 billion in real savings and marks a monumental step toward restoring fiscal sanity, putting America First, and delivering on President Trump’s promise to root out waste, fraud, and abuse. House Republicans are committed to ending the era of bloated, woke government. I am proud to send this step towards fiscal responsibility to President Trump’s desk.”

    H.R. 4016, the Department of Defense Appropriations Act, 2026

    “This bill delivers on House Republicans’ promise to support our troops and their families, ensures America’s military remains the most lethal fighting force, and ends DEI, Critical Race Theory, and other woke ideologies that plague our military,” said Rep. Fitzgerald. “The America First agenda is embodied in this bill with critical investments in America’s missile defense system, next-generation military hardware, and border security. I look forward to continuing to deliver wins for Wisconsinites through the appropriations process.”

    Background: The Fiscal Year 2026 (FY26) Department of Defense (DOD) Appropriations Act provides discretionary spending of $831.5 billion, the same as FY25 enacted levels and consistent with the President’s Budget Request. Key highlights include:

    • Provides a 3.8% increase in basic pay for all military personnel, effective January 1, 2026.
    • Codifies DOGE cuts to reduce waste, fraud, abuse, or redundancies.
    • Provides $1.15 billion for counter drug programs and transfers Mexico from U.S. Northern Command’s jurisdiction to U.S. Southern Command for better coordination and prioritization.
    • Supports our Shipbuilding programs by fully funding the procurement of 28 ships, including the Columbia- and Virginia-Class submarine.
    • Codifies President Trump’s executive actions to end discriminatory Diversity, Equity, and Inclusion (DEI) programs and the teaching of Critical Race Theory. 

    ###

    MIL OSI USA News –

    July 18, 2025
  • MIL-OSI USA: Rep. Fitzgerald Statements on Passage of Defense Spending and Rescission Legislation

    Source: United States House of Representatives – Congressman Scott Fitzgerald (WI-05)

    WASHINGTON, DC – Congressman Scott Fitzgerald (WI-05) issued the following statements in response to the passage of the Senate Amendment to H.R. 4, the Rescissions Act of 2025 and H.R. 4016, the Department of Defense Appropriations Act, 2026:

    H.R. 4, the Rescissions Act of 2025

    “Wisconsin families are sick and tired of seeing their hard-earned tax dollars funneled to politically biased media here at home. With the passage of the Rescissions Act of 2025, we aren’t just cutting spending—we are codifying the Department of Government Efficiency’s (DOGE) findings into law,” said Rep. Fitzgerald.

    “This bill locks in $9 billion in real savings and marks a monumental step toward restoring fiscal sanity, putting America First, and delivering on President Trump’s promise to root out waste, fraud, and abuse. House Republicans are committed to ending the era of bloated, woke government. I am proud to send this step towards fiscal responsibility to President Trump’s desk.”

    H.R. 4016, the Department of Defense Appropriations Act, 2026

    “This bill delivers on House Republicans’ promise to support our troops and their families, ensures America’s military remains the most lethal fighting force, and ends DEI, Critical Race Theory, and other woke ideologies that plague our military,” said Rep. Fitzgerald. “The America First agenda is embodied in this bill with critical investments in America’s missile defense system, next-generation military hardware, and border security. I look forward to continuing to deliver wins for Wisconsinites through the appropriations process.”

    Background: The Fiscal Year 2026 (FY26) Department of Defense (DOD) Appropriations Act provides discretionary spending of $831.5 billion, the same as FY25 enacted levels and consistent with the President’s Budget Request. Key highlights include:

    • Provides a 3.8% increase in basic pay for all military personnel, effective January 1, 2026.
    • Codifies DOGE cuts to reduce waste, fraud, abuse, or redundancies.
    • Provides $1.15 billion for counter drug programs and transfers Mexico from U.S. Northern Command’s jurisdiction to U.S. Southern Command for better coordination and prioritization.
    • Supports our Shipbuilding programs by fully funding the procurement of 28 ships, including the Columbia- and Virginia-Class submarine.
    • Codifies President Trump’s executive actions to end discriminatory Diversity, Equity, and Inclusion (DEI) programs and the teaching of Critical Race Theory. 

    ###

    MIL OSI USA News –

    July 18, 2025
  • MIL-OSI: Bitget Launchpool Lists Caldera (ERA) with over 2.6M in Token Rewards

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 18, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Caldera (ERA) for spot trading. Caldera is a rollup platform on Ethereum that enables horizontal scaling and interoperability between rollups. Trading for the ERA/USDT pair began on 17 July 2025, 15:30 (UTC), with withdrawals available from 18 July 2025, 16:30 (UTC).

    Bitget will launch a Launchpool campaign offering 2,666,600 ERA in total rewards. Eligible users can participate by locking BGB, BTC or ETH during the event, which runs from 18 July 2025, 05:00 to 21 July 2025, 05:00 (UTC). In the BGB locking pool, users can lock between 5 to 50,000 BGB, with maximum limits determined by their VIP tier, for a chance to earn a share of 1,000,000 ERA. In the BTC pool, users can lock between 0.0001 and 23 BTC to receive a portion of 833,300 ERA. In the ETH pool, users can lock between 0.002 and 450 ETH to grab a share of 833,300 ERA.

    Caldera is a Web3 infrastructure platform that streamlines the creation of customizable Ethereum L2 rollups, enabling developers to configure elements like gas tokens, data availability layers, and technology stacks including Arbitrum, Optimism, and zkSync. At its core is the Metalayer protocol, designed to unify rollups by facilitating shared liquidity and efficient cross-chain communication. With support for over 50 rollups, Caldera powers a growing ecosystem that manages between $400–600 million in TVL and serves 27 million wallets, making it a critical player in Ethereum’s broader scaling architecture.

    Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of Caldera into Bitget’s portfolio marks a significant step toward expanding its ecosystem by embracing niche communities and fostering innovation in decentralized economies, further solidifying its role as a gateway to diverse Web3 projects and cultural movements.

    For more details on Caldera, visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

    Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2ad44618-7b23-4379-b633-042ee5973b16

    The MIL Network –

    July 18, 2025
  • India remains a compelling investment destination globally: Report

    Source: Government of India

    Source: Government of India (4)

    India remains a compelling investment destination worldwide owing to its stability, structural reforms, and a resilient consumer base, a leading global investment firm, KKR, has stressed.

    KKR, in its ‘2025 Mid-Year Global Macro Outlook,’ said India’s growth prospects and favourable market conditions make it an attractive opportunity for investors. “From a macro perspective, India’s relative insulation from global trade friction remains intact, supported by its predominantly domestic, consumer-driven economy,” the report stated.

    “We continue to see India as one of the most compelling strategic allocations within emerging markets today,” it added.

    The report, published by KKR’s Global Macro & Asset Allocation team, emphasised India’s unique position as a scalable opportunity amid a shift from benign globalisation to great power competition.

    KKR also sees significant potential in infrastructure and credit investments in India, as the private sector capitalises on these trends.

    “As the global trade landscape recalibrates, India is well-positioned to increase its manufacturing share, particularly as oil prices soften and ‘China+1’ strategies become more entrenched. Cyclically, we are observing early signs of a rebound following a soft patch in 2024, driven by rural income recovery, robust services exports, and, importantly, supportive policy measures,” said the KKR report.

    Production-linked incentives and eased FDI rules are central to the government’s efforts to attract broader capital inflows. Anticipated rate cuts by the Reserve Bank of India and the recent fiscal year budget, which injects meaningful stimulus for low- and middle-income households, further bolster this outlook.

    “For investors, India also offers diversification benefits. Its equity market correlation with global indices has decreased — and the sheer scale of its economy is expected to unlock significant private sector opportunities over the next decade,” the report highlighted.

    The report further stated that while a modest depreciation of the rupee is anticipated, this can be hedged. The core investment thesis remains compelling: in a volatile global environment, India’s stability, ongoing reforms, and resilient consumer base create a differentiated and increasingly scalable opportunity.

    (IANS)

    July 18, 2025
  • MIL-OSI China: Foreign firms eye China’s supply chain

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

    This panoramic photo taken on July 17, 2025 shows the Advanced Manufacturing Chain area of the third China International Supply Chain Expo (CISCE) in Beijing, capital of China. [Photo/Xinhua]

    With technological innovation playing an increasingly integral role in China’s supply chain operation, foreign firms will build more local partnerships in high-end manufacturing, modern services and consumer goods, senior executives from such corporations said on Thursday.

    At the ongoing third China International Supply Chain Expo (CISCE) in Beijing, they said China’s supply chain is evolving beyond simple connectivity to emphasize greater coordination, development and innovation.

    Held from Wednesday to Sunday, the third edition of CISCE has brought together more than 650 companies and institutions from 75 countries and regions, said the Beijing-based China Council for the Promotion of International Trade, organizer of the expo.

    The proportion of overseas exhibitors increased from 32 percent at the second edition to 35 percent this year — an indication of enduring business interest in the face of rising geopolitical and economic headwinds.

    German industrial conglomerate Bosch Group, a three-time participant at CISCE, showcased locally driven innovations in intelligent and electrified technologies across areas such as energy and power systems, motion control and driver assistance at the event this year.

    Xu Daquan, president of Bosch China, said that at a critical juncture in the accelerated restructuring of the global automotive supply chain, adhering to open cooperation and strengthening local manufacturing and innovation capabilities are essential for achieving long-term growth.

    “Bosch will continue to work with its Chinese partners to build a more resilient, agile and globally oriented smart mobility supply ecosystem,” said Xu.

    Driven by technology shifts and competition, China’s fast-evolving auto sector leads in electrification and smart mobility, fueled by innovation and rapid consumer adoption of new technologies, said the German company.

    Another active multinational presence at the expo is Federal Express Corp, the United States-based express transportation company and also a third-time CISCE participant. It presented a visually engaging booth at the trade show, featuring a diverse array of images and multimedia content.

    “As an important platform for promoting international supply chain connectivity, CISCE offers a valuable opportunity for us to deepen cooperation with industry and supply chain partners,” said Poh-Yian Koh, president of FedEx China, adding the company completed the upgrade of its international export services in Shenzhen, Guangdong province, earlier this week.

    FedEx looks forward to working together with all parties to build a stable, efficient, sustainable and intelligent supply chain network, injecting sustained momentum into the smooth operation of the economy and trade for China and the world, she said.

    Joining the expanding roster of global participants, French cosmetics company L’Oreal Group made its debut at this year’s CISCE, highlighting innovations in the beauty supply chain.

    Its exhibit emphasized smart, consumer-centric systems, open ecosystem collaboration, and the role of Chinese innovation in driving global expansion and delivering localized solutions worldwide.

    Chen Jiaqi, director of corporate affairs and engagement at L’Oreal China, said that the ever-evolving demands of Chinese consumers are pushing companies to step up innovation and optimize the entire value chain, from production and logistics to customer service.

    “In this process, many new technologies and business models co-created with Chinese supply chain partners have been introduced to the global stage, serving consumers worldwide,” said Chen.

    MIL OSI China News –

    July 18, 2025
  • MIL-OSI United Kingdom: New report finds systemic water company failure and underperformance

    Source: United Kingdom – Executive Government & Departments

    Press release

    New report finds systemic water company failure and underperformance

    Serious pollution incidents up 60% in 2024 from previous year

    • Serious pollution incidents up 60% in 2024 from previous year, new report shows 

    • Three water companies responsible for 81% of serious incidents 

    • Environment Agency now has greater powers and more funding than ever to hold poor performers to account 

    The number of water company pollution incidents across England rose sharply last year, a new report from the Environment Agency has found. The report shows consistently poor performance from all nine water and sewerage companies in the region, with serious pollution incidents in 2024 up 60% from 2023. 

    The Environment Agency (EA) assesses all pollution incidents, with category 1 (major) and category 2 (significant) incidents being the most serious. In 2024, 75 category 1 and 2 incidents were recorded, a steep rise from 47 serious incidents the previous year. 81% of these serious incidents were the responsibility of just three water companies – Thames Water (33 incidents), Southern Water (15 incidents) and Yorkshire Water (13 incidents). All pollution incidents (category 1 to 3) have increased by 29%: last year water companies recorded 2,801 incidents, up from 2,174 in 2023. 

    The EA is particularly concerned about the increasing trend in pollution spills from pipes carrying wastewater uphill – these accounted for 20% of the serious incidents in 2024 and impacted some protected waters for wildlife and swimming.  

    Reasons behind the 2024 results include persistent underinvestment in new infrastructure, poor asset maintenance, and reduced resilience due to the impacts of climate change.  

    Last financial year, the EA carried out over 4,000 inspections of water company assets. With more inspections, the EA discovers more non-compliance: last year 24% of sites breached their permits. The EA is clear that none of these factors, including wet weather, can excuse the unacceptable number of incidents last year, and water companies must meet their legal obligations to the environment and communities or face enforcement action.  

    Alan Lovell, Chair of the Environment Agency said: 

    This report demonstrates continued systemic failure by some companies to meet their environmental targets. 

    The water industry must act urgently to prevent pollution from occurring and to respond rapidly when it does.  

    We have made significant changes to tighten our regulation of the water industry and ensure companies are held to account. With a dedicated larger workforce and increased funding, our officers are uncovering and acting on failures to comply with environmental law.

    The EA’s expectations for water companies are set out in the Water Industry Strategic Environmental Requirements (WISER) guide, which states there should be a trend to zero serious pollution incidents by 2025, a reduction in all pollution incidents and high levels of water company self-reporting. It is evident that some companies are failing to meet these targets. 

    Under the Water (Special Measures) Act, the EA will have greater powers to take swift action against polluting companies, allowing them to close the justice gap and ultimately deter illegal activity from happening in the first place. To boost funding for water regulation, the EA is consulting on a new levy on the water sector to recover the cost of enforcement activities.  

    It comes as last week, Defra confirmed an £189m uplift for the EA’s water regulation, coming from charges paid by the sector rather than the public purse. This represents a 64% increase in funding since 2023/2024.  

    So far, the EA is on track to deliver 10,000 inspections of water company assets next year and we will continue to work closely with government and fellow regulators to hold companies to account so they deliver the environmental improvements for communities and wildlife.  

    The Act also requires companies to produce annual Pollution Incident Reduction Plans to address the root cause of persistent problems and prevent pollution incidents.

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    Updates to this page

    Published 18 July 2025

    MIL OSI United Kingdom –

    July 18, 2025
  • MIL-OSI Africa: Twelve Million Kenyans to Benefit from a New Social Protection Project Aimed at Strengthening Human Capital and Economic Inclusion

    Source: APO


    .

    The World Bank Board of Directors approved the Second Kenya Social and Economic Inclusion Project (KSEIP2) which will strengthen the country’s social protection systems and scale up safety net support to twelve million citizens, including elderly, women, adolescents, children and other age specific vulnerable groups–while advancing human capital development and economic inclusion.

    The KSEIP2, a successor to the recently completed Kenya Social and Economic Inclusion Project (KSEIP), will build on the success and lessons learned from the relevant interventions implemented to enhance delivery systems for inclusive access to social and economic inclusion. It is financed by a $127.5 million investment from the International Development Association (IDA).

    “Inclusive growth and poverty reduction are realized when there are more and better jobs as well as more accessible jobs for the poorest and most vulnerable populations,” said Qimiao Fan, World Bank Division Director for Kenya. “The project’s innovative elements will prepare today’s children and adolescents for healthy and productive adulthoods, help poorer families with sustainable livelihood enhancement, and ensure that hard-won gains are not lost to food insecurity during the times of drought or other crises.”

    The project will scale up cash-plus programs for targeted age groups, complementing the existing cash transfers provided under the government’s flagship National Safety Net Program (NSNP). KSEIP2 will promote inclusive and sustainable employment through the introduction of climate-resilient income-generating activities and by linking beneficiaries to government social insurance schemes for long-term savings and resilience.

    Given Kenya’s vulnerability to recurrent droughts in the North and Northeastern Counties, the project will also strengthen the efficacy of social protection system through investments in modernization and provision of emergency social assistance as temporary support to offset the adverse impact of such crisis.

    “The Government of Kenya is committed to supporting opportunities for every Kenyan family to sustainably exit poverty and vulnerability. The KSEIP2 Project supports the government’s ambition on disrupting the vicious cycle of poverty by focusing on investments in children and adolescents, as well as households with productive capacity,” said Shubha Chakravarty, Senior Economist and the Task Team Leader, World Bank. “This objective will be achieved by working in synergy with other relevant government programs.”

    The project is consistent with the FY23-FY28 World Bank Group Country Partnership Framework (CPF), particularly with the objectives of increasing household resilience, national preparedness for shocks response, and priorities around human capital development and jobs agenda. It is also in line with Kenya’s vision 2030 while supporting the constitutional commitment to “provide social security for all Kenyans who cannot support themselves”.

    Distributed by APO Group on behalf of The World Bank Group.

    MIL OSI Africa –

    July 18, 2025
  • MIL-OSI Africa: Accountability Series: Interior Minister Announces Transformative Initiatives

    Source: APO


    .

    The Ministry for the Interior has unveiled groundbreaking initiatives aimed at reforming the Prison Service and strengthening the nation’s security architecture.

    Speaking at the inaugural “Government Accountability Series” at the Presidency in Accra, Minister for the Interior, Alhaji Muntaka Mohammed-Mubarak, announced a pivotal shift for the Prison Service, transforming it into a key contributor to national production and inmate rehabilitation.

    As part of the government’s strategic efforts to resource state institutions and foster meaningful rehabilitation, the Ministry for the Interior has initiated discussions with the Ministry of Education to sign a Memorandum of Understanding. This landmark agreement will empower the Prison Service to supply:

    • 20% of sanitary pads for the nation’s Free Sanitary Initiative.
    • 30% of all school furniture procured by the government.
    • 30% of all school uniforms distributed nationwide.

    Alhaji Mohammed-Mubarak, articulating the rationale behind the initiative, stated that the initiative is designed to engender reforms within the nation’s prisons, where inmates are mostly caged.

    “We are moving beyond mere incarceration to equip inmates with valuable skills, foster productivity, and prepare them for successful reintegration into society.

    The Minister stated that the Ghana Police Service plays a critical role in upholding public order and supporting the government’s economic agenda.

    He lauded the Service’s unwavering commitment to public safety, highlighting its sustained efforts against illegal mining operations.

    These robust efforts have significantly curbed illicit activities in forest reserves and along water bodies, effectively preventing foreign nationals from engaging in small-scale mining and safeguarding the nation’s natural resources.

    In response to the government’s 24-Hour Economy programme, Mohammed-Mubarak announced the establishment of a dedicated 24-Hour Economy Secretariat at the Police Headquarters in Accra. This secretariat is designed to provide round-the-clock security for businesses, ensuring the safe movement of goods and people, and fostering unhindered economic growth across the country.

    The Minister further detailed the Ghana Police Service’s impressive successes in crime combat.

    Distributed by APO Group on behalf of The Presidency, Republic of Ghana.

    MIL OSI Africa –

    July 18, 2025
  • MIL-OSI Africa: Ghana: President Mahama welcomes London Mayor

    Source: APO


    .

    President John Dramani Mahama on Thursday reaffirmed Ghana’s firm commitment to international trade and investment, outlining the wide-ranging reforms actively fostering economic transformation and better governance.

    He was speaking during a courtesy call from the Mayor of London, Sir Sadiq Khan.

    The President stated that these strategic reforms, begun just six months into his administration, are already showing tangible results.

    He spoke about the renewed business confidence, the relative appreciation of the Cedi, and a decreasing inflation rate as important signs of economic stability and progress, especially after recent global challenges and inherited public debt burdens.

    “We are striving to cultivate a new sense of thinking, a fresh approach to doing things, and to ensure that we effectively serve the people who elected us to lead,” President Mahama stated.

    He elaborated on key government initiatives, including the ’24-Hour Economy’ policy, drawing inspiration from London, a city he described as “never sleeping.”

    The President explained, “We’ve launched a 24-Hour Economy initiative to harness Ghana’s vibrant youthful population and address the challenges of rapid urbanisation by promoting continuous economic activity and opportunities.”

    President Mahama further emphasised Ghana’s burgeoning digital landscape, indicating the country’s readiness to fully integrate into the global FinTech community with numerous digital services and innovative companies emerging across the country.

    He also reiterated the government’s strong focus on agriculture and agribusiness as vital sectors for creating more opportunities, particularly for young people.

    Discussions between the two leaders also delved into the deep historical and business ties connecting Accra and London.

    President Mahama acknowledged Accra’s rapid growth and expressed Ghana’s keen interest in learning from London’s extensive expertise in urban planning, efficient transport systems, modern waste management solutions, and effective flood control strategies.

    “For a city like London, the efficiency of your transport system, even with perceived challenges, is truly remarkable,” the President noted, adding, “We aspire to develop similar reliable systems where punctuality is the norm for our citizens.”

    In his remarks, Mayor Sir Sadiq Khan congratulated President Mahama on his re-election and commended the positive signals his administration is sending to the international community regarding Ghana’s potential.

    He praised the invaluable contributions of Londoners of Ghanaian origin, who are enriching various sectors of the city’s economy and public life, from healthcare and transport to the arts.

    Distributed by APO Group on behalf of The Presidency, Republic of Ghana.

    MIL OSI Africa –

    July 18, 2025
  • MIL-OSI Africa: PalmPay Named One of the World’s Top 300 Fintech Companies of 2025 by Consumer News and Business Channel (CNBC) & Statista

    Source: APO

     PalmPay (www.PalmPay.com), a leading neobank and fintech platform focused on emerging markets, has been recognised in CNBC and Statista’s 2025 Top 300 Fintech Companies in the World list. This marks the second year in a row that PalmPay has earned a place among the world’s most innovative and impactful financial technology firms.

    The selection is based on a rigorous evaluation of thousands of companies globally, assessing growth, innovation, market penetration, and impact.  This year’s list includes a mix of global leaders – including Revolut, Nubank and Ant Group –  alongside rising stars from high-growth markets, underscoring the growing influence of emerging-market fintechs like PalmPay.

    PalmPay’s inclusion reflects its continued momentum as one of Africa’s leading fintech platforms. With over 35 million registered users and up to 15 million transactions processed daily, the company offers a comprehensive suite of digital financial services tailored to the needs of underserved communities.

    In its main market, Nigeria, PalmPay operates as a full-service neobank, offering consumer financial services such as transfers, bill payments, credit, savings, and insurance – all accessible through its user-friendly app and supported by a nationwide network of over 1 million agents and merchant partners. The company also provides POS and API-driven B2B solutions tailored to the needs of merchants and enterprise clients.

    “To be recognised as one of the world’s top fintech companies by CNBC and Statista is a powerful affirmation of our mission to build a more inclusive financial system,” said Sofia Zab, Founding Chief Marketing Officer at PalmPay. “Through cutting-edge technology, deep local distribution, and a customer-first mindset, we’ve built Nigeria’s leading neobank. As we scale PalmPay to more emerging markets, including Tanzania and Bangladesh, our focus remains on closing financial access gaps for everyday consumers and businesses, while expanding the partner ecosystem that fuels our reach and impact.”

    As part of its broader expansion strategy, PalmPay recently launched in Tanzania and Bangladesh through a smartphone device financing model that serves as an entry point to digital financial services.

    “PalmPay is building a neobanking platform tailored to the realities of emerging markets,” said Jiapei Yan, Group Chief Commercial Officer at PalmPay. “We are creating the infrastructure for a connected digital economy – where people and businesses can thrive through reliable, inclusive financial tools. This recognition from CNBC and Statista affirms our progress and also the scale of the opportunity ahead. As we expand across more emerging markets, we are committed to creating lasting value for our users, partners, and the communities we serve.”

    PalmPay’s inclusion follows another major recognition earlier this year: the company ranked #2 overall and #1 in the financial services sector on the Financial Times  – Africa’s Fastest-Growing Companies 2025 list. The ranking, based on revenue growth between 2020 and 2023, highlighted PalmPay’s rapid scale and market traction across Africa.

    PalmPay currently operates in Nigeria, Ghana, Tanzania, and Bangladesh, and is expanding its presence across Africa and Asia through device financing, digital banking, and B2B payment services. Backed by a robust neobanking platform and a partnership-led approach, the company is committed to shaping the next chapter of inclusive financial growth. 

    Distributed by APO Group on behalf of PalmPay.

    About PalmPay:
    PalmPay is a leading neobank and fintech platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.

    PalmPay offers a comprehensive range of products, including mobile payments, credit, savings and micro-insurance via its app and mobile money agent network.

    Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users and processes up to 15 million transactions daily. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.

    For more information, visit  www.PalmPay.com

    Media files

    .

    MIL OSI Africa –

    July 18, 2025
  • MIL-OSI USA: Accountability in Action: DOGE Caucus Cuts Through $9 Billion in Waste

    Source: United States House of Representatives – Representative Aaron Bean Florida (4th District)

    WASHINGTON—Today, DOGE Caucus founder and co-chair U.S. Congressman Aaron Bean (FL-04), co-chair Blake Moore (UT-01), and co-chair Pete Sessions (TX-17) released the following statements after the House’s final passage of H.R. 4, the Rescissions Act of 2025, a major victory for fiscal responsibility and taxpayer advocacy: 

    “With the passage of this rescissions package, we’re taking one small step to cut wasteful spending and one giant leap toward fiscal sanity,” said Congressman Bean. “Thanks to the DOGE Caucus, we’ve eliminated $9 billion in wasteful spending—launching us toward stronger fiscal health and renewed trust in how government handles taxpayer dollars.”

    “Today’s vote is another step in the right direction in reversing Washington’s spending culture. Our ballooning national debt and deficit will make it harder for the next generation to achieve the American Dream, and this effort keeps the momentum going in our work to ensure every taxpayer dollar is spent efficiently and responsibly,’ said Congressman Moore.

    “I’m pleased to support this essential legislation to rescind $9 billion in funding for wasteful programs and lock in some of the commonsense DOGE spending cuts. The American people deserve and expect a government that respects their tax dollars. This is an important step toward restoring fiscal discipline in Washington,” said Congressman Sessions.

    BACKGROUND

    The DOGE Caucus has long advocated for Congress to enact the cuts identified by DOGE and continues to work with the White House on future rescissions. 

    The legislation passed 216-213. With the House and Senate now aligned, all eyes turn to the White House, where President Trump is expected to sign this landmark legislation into law. 

    MIL OSI USA News –

    July 18, 2025
  • MIL-OSI Submissions: Economy – US passes first major crypto legislation – global ‘arms race’ heats up – deVere Group

    Source: deVere Group

    July 18 2025 – The US has passed its first major national cryptocurrency legislation—the Genius Act—signaling the most aggressive shift yet in Washington’s approach to digital assets.

    Backed by President Trump, the bill marks a landmark moment for the crypto sector and ignites what global financial advisory giant deVere Group calls a full-scale global digital arms race.

    In response to the development, deVere today confirms it is doubling down on its $150,000 Bitcoin price prediction by the end of 2025, citing the legislation as a turning point in monetary and technological policy that will trigger rapid acceleration in adoption, capital flows, and international competition.

    “This changes everything,” said Nigel Green, CEO of deVere Group.

    “For the first time, the US government is not just ‘tolerating’ crypto—it’s codifying it. The world’s largest economy is laying down the legal foundations for digital assets to thrive.

    “This s

    MIL OSI – Submitted News –

    July 18, 2025
  • MIL-OSI USA: VIDEO: LEADER JEFFRIES FLOOR REMARKS ON RECKLESS REPUBLICAN RESCISSIONS PACKAGE

    Source: United States House of Representatives – Congressman Hakeem Jeffries (8th District of New York)

    Today, Democratic Leader Hakeem Jeffries spoke on the House Floor in opposition to the reckless Republican rescissions package that cuts funding for public broadcasting and international assistance. 

    LEADER JEFFRIES: Thank you, Mr. Speaker, and I thank the distinguished gentleman, the top Democrat on the Rules Committee, Mr. McGovern, for his leadership and for yielding. I thank all of the distinguished members of the Rules Committee for their steadfast and courageous, insightful participation in opposition to this rule and the substantive legislation that underlies this particular rule. I also want to thank Rosa DeLauro for her principled and strong opposition to this reckless Republican rescissions package, this effort by the Trump administration to once again hurt everyday Americans.

    Mr. Speaker, it was just said on the House Floor that the American people are fed up with out-of-control, wasteful government spending. As Democrats, we’re committed to making sure that taxpayer dollars are spent in an effective, efficient and equitable manner. This bill that’s on the Floor right now has nothing to do with waste, fraud and abuse. It represents an attack on the public health of the American people, the national security of the American people, the public safety of the American people and the ability of the American people to actually get information, particularly in rural America, that they may need through public radio or public television in the face of an emergency.

    Mr. Speaker, no one is buying the notion that Republicans are actually trying to improve wasteful spending, in the aftermath of this One Big Ugly Bill that just passed this chamber and has been signed into law that explodes the debt by more than $3 trillion, and then asks everyday Americans to pay for part of the expenses in the bill by ripping away healthcare for more than 17 million Americans. Hospitals will close, nursing homes will shut down, community-based health clinics will be unable to provide services to everyday Americans and as a result of the One Big Ugly Bill, people will die. It’s an all-out assault on healthcare, the largest cut to Medicaid in American history. It also rips food out of the mouths of hungry children, seniors and veterans. All of this being done to provide massive tax breaks to billionaires.

    And then, Mr. Speaker, in this One Big Ugly Bill that now has been signed into law, the debt and the deficit will explode by trillions of dollars. How dare anyone from the other side of the aisle claim to be the party of fiscal responsibility? That’s fake, and that’s phony.

    So when you look at this particular piece of legislation that’s in front of us right now, this reckless Republican rescissions package, it undermines American national security and American leadership in the world. This is not an America First bill, it’s a China First bill because of the void that’s being created all across the world. It’s in America’s interests, our national security interests, our leadership interests, to make sure that we’re investing in development and diplomacy and democracy all across the world.

    Great leaders have recognized that throughout the American journey. It was Abraham Lincoln who came to the House chamber in the middle of the Civil War in the early 1860s, spoke to the Congress and talked about America being the last best hope on Earth. President Lincoln said that in the 1860s, visionary declaration of the role that America might one day play as the leader of the free world. And this legislation, this reckless Republican rescissions package, undermines our ability to keep our people safe here and to project America’s soft power all over the globe. Why would we undermine our ability to use diplomacy, democracy and development to protect our own national security?

    Mr. Speaker, Mr. President—he promised that on day one, he was going to end the war in Ukraine. That’s now going on, and in this particular piece of legislation, we’re undermining the ability of Ukraine to continue to valiantly fight against Russian aggression. Russia’s not our friend. They’re our enemy. Vladimir Putin is a sworn enemy of the United States of America. Why is it, Mr. Speaker, that Republicans in this bill are undermining, once again, Ukraine? Ukraine stands on the side of democracy. Ukraine stands on the side of freedom. Ukraine stands on the side of truth. Russia stands on the side of autocracy and tyranny and propaganda. Why would we stand on the side of Russia? That’s inconsistent with American leadership. But this reckless Republican rescissions package, it does the exact opposite.

    Mr. Speaker, we just saw tragedy unfold in the Texas Hill Country. More than two dozen children have died. Parents should never have to bury their children. More than 100 Texans died in the deadly floods. And there are a lot of questions that need to be asked about government failure, state government failure in Texas. The Governor of Texas, he’s got a lot of questions that need be answered. Instead, he’s trying to rig the Texas congressional map, in the middle of a search and rescue operation. He’s got to answer some questions. The Trump administration needs to answer some questions about the National Weather Service and the devastating cuts that have been inflicted on them. The Trump administration, Mr. Speaker, needs to answer some questions about the stated goal to defund FEMA.

    So in the midst of this tragedy that we all need to collectively respond to in Texas, just like we need to respond to the tragedy that unfolded in California in the wildfires earlier this year, this reckless Republican rescissions package is going to undermine the ability of people in rural America and in small-town America to receive advance warning or necessary information when disaster strikes, when extreme weather strikes, when flooding strikes, when hurricanes strike. That’s what happens when you shut down public radio, when you shut down public television, which is what this reckless rescissions package will do.

    It’s all extraordinary. Mr. Speaker, I don’t understand why Republicans continue to advance legislation on the Floor of the House of Representatives that hurt everyday Americans. Is it simply because the goal is always to reward billionaires, as was done with the One Big Ugly Bill, providing them with massive and unnecessary tax breaks?

    Mr. Speaker, at the beginning of this Congress, we as House Democrats made clear that we will work with anyone in this town in order to make life better for the American people, to lower the high cost of living of the American people, to address the affordability crisis afflicting the American people. And we thought perhaps that we would have some partners in this necessary endeavor. Why? Because, Mr. Speaker, Donald Trump and House Republicans promised that you were going to lower costs. In fact, that costs were going go down on day one. Not my words, President Trump’s words. Costs haven’t gone down in the United States of America. Costs are going up. Inflation is on the way up. Life is getting more expensive for the American people. And nothing in this reckless rescissions package is going to make life more affordable for everyday Americans. It’s going to complicate their life even further, just like what happened with the One Big Ugly Bill. So, Mr. Speaker, we are strongly opposed to this legislation. Legislation that, apparently, Republicans don’t even want to actually debate on the House Floor. And once again, want to address an issue to be debated in this chamber under the cover of darkness.

    Finally, Mr. Speaker, the challenge that we have with this legislation is that the appropriations process has historically and traditionally been bipartisan—Democrats and Republicans working to try to come together to reach a spending agreement that meets the needs of the American people in terms of their health, their safety and their economic well-being. And do it—House Democrats, Senate Democrats, House Republicans, Senate Republicans—a bipartisan appropriations process to try to reach an enlightened agreement. But what this rescissions package signals to us and the people that we represent, more importantly, what it signals to America, as the OMB director just said, Republicans, Mr. Speaker, aren’t interested in bipartisanship, aren’t interested in common-sense solutions to finding common ground anchored in Democrats and Republicans coming together. We know that’s the case because we’ve made clear our willingness to solve the challenges that the American people face and work with anyone in this town, particularly when it comes to lowering the high cost of living in the United States of America. Republicans continue to do nothing about that, not a damn thing, to make life more affordable for the American people.

    And that’s one of many reasons why we continue to be opposed to this reckless legislation that you bring to the House Floor that hurts everyday Americans, will hurt children, will hurt families, will hurt older Americans and will hurt people that Republicans represent in rural America, all while undermining American leadership in the world. And so, Mr. Speaker, once again, this is unfortunate. Once again, we see a Congress not functioning as a separate and co-equal branch of government, a Congress, given this Republican majority, not willing to serve as a check and balance on an out-of-control executive branch, but always willing to do the bidding of the executive branch, as if we work for the Article II branch of government. We don’t work for Donald Trump. We don’t work for JD Vance. We don’t work for the OMB director. We work for the American people, and that’s why we are a hard no against this reckless rescissions package. I yield back.

    Full speech can be watched here.

    ###

    MIL OSI USA News –

    July 18, 2025
  • MIL-OSI: Good customer activity and strong credit quality led to solid results for the first half of 2025. Net profit of DKK 11.2 billion

    Source: GlobeNewswire (MIL-OSI)

    Press release Danske Bank
    Bernstorffsgade 40
    DK-1577 København V
    Tel. + 45 45 14 14 00

    18 July 2025

    Page 1 of 3

    Good customer activity and strong credit quality led to solid results for the first half of 2025
    Net profit of DKK 11.2 billion

    Carsten Egeriis, Chief Executive Officer, comments on the financial results:

    “In the first half-year, we continued our robust performance and delivered solid results in line with our expectations. We saw new business customer relations being established, a continued uplift in lending and a steady development in core income, and we maintained our focus on cost management. Furthermore, credit quality remained strong, resulting in a low level of loan impairments.

    Our solid financial results and capital position enable us to be a strong financial partner, providing expert advice and standing by our customers and society in times of volatile markets.

    With our increased investments in technology and customer offerings, we continue to deliver on our Forward ’28 strategy and are well on track to meet our guidance for the full year.”

    Solid performance in uncertain environment
    Driven by good customer activity across our business and our ongoing commitment to efficiency, we achieved a net profit of DKK 11.2 billion and a return on equity of 13% in the first half of the year. These solid financial results reflect our successful execution and strategic focus in key growth areas.

    Net interest income remained steady, as the adverse effect of the sale of the personal customer business in Norway and a reduction in deposit margins was offset by enhanced lending activity and our deposit hedge strategy.

    Net fee income for the first half of the year was stable year on year, supported by growing demand for everyday banking services in the first quarter, although this demand decreased in the second quarter. Fee income related to capital markets and investment activity was impacted by the decline in investment appetite caused by the market volatility.

    On the basis of continued cost discipline, the cost trajectory is in line with the full-year 2025 guidance. Furthermore, credit quality remained strong, supported by favourable macroeconomic conditions, including the employment rate. Loan impairment charges remained low and amounted to DKK 266 million in the first half of the year.

    With prudent asset and liability management, our capital and liquidity positions remain solid, with substantial buffers well above regulatory requirements.

    “In the first half of the year, we achieved a solid financial performance, fuelled by good customer activity that led to resilient core banking income and an increase in net trading income year on year. Net profit was stable, despite the impact of rates and market volatility. Our diversified business model and operational efficiency contributed to an improved cost/income ratio of 45.4% and a return on equity of 13.0%. We are on track to meet our 2025 guidance and are progressing towards achieving our 2026 financial targets,” says Cecile Hillary, Chief Financial Officer.

    H1 2025 vs H1 2024
    Total income of DKK 27.9 billion (DKK 28.0 billion in the first half of 2024)
    Operating expenses of DKK 12.7 billion (DKK 12.8 billion in the first half of 2024)
    Loan impairments of DKK 266 million (net reversal of DKK 99 million in the first half of 2024)
    Net profit of DKK 11.2 billion (DKK 11.5 billion in the first half of 2024)
    Return on shareholders’ equity of 13.0% (13.1% in the first half of 2024)
    Total capital ratio of 22.4% and CET1 capital ratio of 18.7% (total capital ratio of 22.5% and CET1 capital ratio of 18.5% in the first half of 2024)

    Resilient macroeconomic outlook amid uncertainty
    Despite the challenges posed by geopolitical turbulence and market volatility, the macroeconomic environment in our operating markets remains robust. The Nordic economies continue to exhibit resilience.

    The economies are increasingly supported by increased household spending power and lower interest rates. However, this has not translated into improved consumer sentiment, as retail customers remain cautious and consumer confidence is low.

    According to the latest macroeconomic outlook by Danske Bank Research, we continue to expect robust economies with high employment rates and single-digit growth, particularly in Denmark.

    “Nordic businesses still have a cautiously positive outlook, and we share their view that growth is likely to become moderately higher, despite the uncertainty hanging over the global economy. Though conditions are in place with higher real incomes and lower interest rates, we do not expect a strong recovery. Households remain deeply worried about the economic situation, which could hold growth back, but there is also a potential for the situation to improve,” says Las Olsen, Head of Macro Research.

    Personal Customers
    Profit before tax amounted to DKK 4,217 million in the first half of 2025 (H1 2024: DKK 5,028 million). The decrease was mainly due to a decline in net interest income caused by lower deposit margins, a decline in fee income that was mainly the result of positive one-offs in the first half of 2024 and relatively subdued refinancing activity, as well as to slightly higher loan impairment charges. These were partly offset by rising deposit volumes and the impact of deposit hedging. Both income and operating expenses were affected by the divestment of the personal customer business in Norway. Loan levels remained stable, and deposits increased 5%.

    Business Customers
    In the first half of 2025, we saw continuously good progress in terms of customer inflow and a positive development in lending volumes, and business with existing customers remained strong across our mid-sized customer segment. Profit before tax amounted to DKK 5,085 million, an increase of 23% from the same period last year (H1 2024: DKK 4,140 million). The increase was driven by loan impairment reversals. Net fee income also increased, although the effect was offset by lower income from our leasing operations.

    Large Corporates & Institutions
    In the first half of 2025, we achieved solid financial results. Our efforts to attract new corporate customers outside Denmark and to strengthen customer relations across our markets have improved our position within cash management. Furthermore, we maintained our leadership within sustainable finance. Profit before tax decreased to DKK 4,544 million, or 9%, from the level in the same period last year, with the decrease driven by higher loan impairment charges.

    Danica 
    Net income at Danica decreased to DKK 714 million in the first half of 2025, down 25% from the level for the same period in 2024 due to a decrease in the insurance service result, which was impacted by a strengthening of provisions related to legacy life insurance products in run-off. The insurance service result for the health and accident business for the first half of 2025 recorded a loss, however, Danica saw an improvement during the first half of 2025 supported by a positive trend in the treatment and prevention of long-term illness and injury that was driven by intensified efforts with new healthcare solutions and improved digital solutions.

    Northern Ireland
    Residential mortgage lending volumes continued to grow, reflecting an increased market share of new business in Northern Ireland. Financial performance remained positive with profit before tax of DKK 1,110 million in the first half of 2025, 18% higher than for the same period last year.

    Outlook for 2025
    We maintain our guidance and expect net profit to be in the range of DKK 21-23 billion. The outlook is subject to uncertainty and depends on economic conditions.

    Danske Bank        

    Contact: Helga Heyn, Head of Media Relations, tel. +45 45 14 14 00

    Attachments

    • Danske Bank Interim report – first half 2025
    • Danske Bank press release 18 July 2025

    The MIL Network –

    July 18, 2025
  • MIL-OSI: MEXC Launches PUMP Futures Competition for European Users with 20,000 USDT Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 18, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, today announced the launch of an exclusive PUMP Futures Competition designed specifically for European users. The 8-day competition, running from July 14 to July 21, offers a total prize pool of 20,000 USDT.

    Competition Rules

    The competition features two main reward tracks tailored to different user profiles:

    1. Individual Trading Leaderboard

    Participants will compete individually based on their cumulative trading volume in PUMP futures throughout the event. To qualify for rewards, users must reach at least 50,000 USDT in trading volume. Eligible traders will benefit from a reduced fee rate of 0.02%, plus a 10% rebate on trading fees. Top-ranked traders will have the opportunity to win up to 5,000 USDT from the prize pool.

    2. New User Bonus

    Newly registered European users who complete 3,000 USDT in PUMP futures trades will receive a 5 USDT reward. This bonus is limited to the first 600 eligible participants, distributed on a first-come, first-served basis.

    How to Participate

    To participate, European users must register through MEXC’s dedicated competition page. Only trades and deposits made after registration will be counted. The competition is limited to PUMP futures trading, and all rewards will be distributed within 10 business days after the event concludes.

    Supporting Regional Growth

    This campaign reflects MEXC’s ongoing effort to support regional users with localized events and competitive trading opportunities. By focusing on user needs in specific markets, MEXC continues to enhance the trading experience across Europe.

    For full event details and registration, please visit the official competition page.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website| X | Telegram |How to Sign Up on MEXC

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/ebca43ba-aa74-461c-870e-400d209b34d6

    https://www.globenewswire.com/NewsRoom/AttachmentNg/67781951-c558-463e-ad46-095235310422

    The MIL Network –

    July 18, 2025
  • MIL-OSI Russia: Overseas Chinese, Ethnic Chinese Join Belt and Road Initiative

    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

    CHONGQING, July 18 (Xinhua) — The first conference of overseas Chinese and ethnic Chinese on cooperation and development under the Belt and Road Initiative opened in Chongqing, southwest China, on Thursday. The event aims to consolidate the strength of overseas Chinese to advance the joint construction of the Belt and Road.

    During the conference, agreements worth a total of 43.79 billion yuan (about 6.13 billion U.S. dollars) were signed, covering 66 projects in the fields of green energy, cross-border trade, modern manufacturing and the digital economy.

    In addition, the Belt and Road Network of Chinese Diaspora Business Organizations was launched, with organizations from 72 countries and regions of the world becoming its first members. The network aims to pool business resources and promote cooperation in trade, economic, scientific, technical and cultural fields.

    Conference participants were introduced to 10 best practices on the role of Chinese nationals in implementing the Belt and Road Initiative in areas such as new energy, manufacturing and humanitarian aid.

    The conference, jointly organized by the All-China Federation of Returned Overseas Chinese and the governments of Chongqing and Sichuan Province, brought together more than 500 representatives of Chinese communities from more than 110 countries and regions. -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 –

    July 18, 2025
  • MIL-OSI Russia: China’s Deputy Permanent Representative to the UN Condemns Israel’s Military Strikes in Syria

    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

    UNITED NATIONS, July 18 (Xinhua) — China’s Deputy Permanent Representative to the United Nations Geng Shuang on Thursday condemned Israeli military strikes in Syria at an emergency meeting of the Security Council and demanded their immediate end.

    While the situation in southern Syria remains volatile, Israel has recently carried out multiple airstrikes in As-Suwayda, Daraa and Damascus. China unequivocally condemns Israel’s actions, which seriously violate international law, infringe on Syria’s sovereignty, security and territorial integrity, and pose new challenges to peace, stability and political transition in Syria, the diplomat said.

    “We call on Israel to immediately stop military strikes on Syria and withdraw from Syrian territory as soon as possible,” he said.

    The international community recognizes the Golan Heights as occupied Syrian territory. The sovereignty, unity and territorial integrity of Syria must be respected. The relevant Security Council resolutions must be implemented, and the 1974 disengagement agreement between Israel and Syria must be observed, the deputy permanent representative emphasized.

    According to Geng Shuang, the ethnic tensions and subsequent violence in As-Suwayda have once again shown that the current situation in Syria remains complex and fragile. Achieving peace and stability still faces enormous challenges.

    It is imperative to stabilize the security situation and restore public order as soon as possible. China has noted the reports that the Syrian interim authorities have reached a ceasefire agreement with the parties concerned. China calls on all parties to abide by the ceasefire agreement, remain calm and exercise restraint, stop hostilities, and promote early de-escalation of the situation, the diplomat said.

    The Syrian interim authorities should continue to advance the participatory political process, address the concerns of all parties through inclusive dialogue, and effectively promote internal unity and reconciliation, Geng said.

    The fight against terrorism is an important aspect of restoring peace and stability in Syria. The interim authorities of Syria must fulfill their anti-terrorist obligations and take effective measures to combat all terrorist groups included in the relevant list by the UN Security Council, including the East Turkestan Islamic Movement, he added.

    At present, acute problems in the Middle East are emerging one after another, with new and old contradictions intertwined and overlapping. The situation is complex and unstable. Such a state of affairs does not serve the interests of any country in the Middle East or the international community, Geng Shuang said.

    The Security Council, as the organ with the primary responsibility for international peace and security, should resolutely fulfill its responsibilities under the UN Charter and use all the tools at its disposal to end conflicts at an early date, restore peace and stability in relevant areas, and achieve lasting peace and stability in the entire region, the diplomat said, adding that China is willing to work with the international community to play a constructive role in this regard. -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 –

    July 18, 2025
  • MIL-OSI Russia: Mexico criticizes US cattle ban

    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

    MEXICO CITY, July 18 (Xinhua) — Mexican President Claudia Sheinbaum on Thursday criticized the U.S. decision not to open its border to Mexican cattle due to an outbreak of a parasitic disease caused by blowfly larvae, saying the measure lacks clear scientific basis and may be politically motivated.

    The parasite was found in southern Mexico, more than 1,000 km from the northern cattle-raising states affected by the US restrictions, Sheinbaum said at a daily press conference, calling on Washington to clarify the health criteria justifying maintaining the ban.

    “It seems to be more about politics. In some cases, it could be interpreted as a political attack on Mexico, but let’s not forget that there are elections in the United States in a year,” she said.

    The president also criticized a number of American politicians for treating Mexico like a “piñata” during election campaigns and warned against exploiting bilateral issues for domestic political purposes.

    K. Sheinbaum said that Mexican Agriculture Minister Julio Berdegué is in talks with his American counterpart Brooke Rollins to prevent further restrictions on cattle exports.

    The president said the United States had agreed to invest $30 million to breed sterile flies, a key biological tool in the fight against the parasite, in Mexico. The facility is expected to be completed in less than a year. –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 –

    July 18, 2025
  • MIL-OSI Africa: Ambassador Han Jing Attends the Opening Ceremony of the First Invest Zambia International Conference

    Source: APO


    .

    On July 16, the first Invest Zambia International Conference was held at the Mulungushi International Conference Centre. The three-day event, themed “Driving Generational Transformative Investments through Joint Ventures and Partnerships”, attracted participation from government departments, enterprises, financial institutions, industry organizations and diplomats from over 20 countries, totaling more than 1,500 attendees.

    Zambian President Hakainde Hichilema attended the opening ceremony and delivered a keynote speech. He stated that Zambia has created a stable, predictable, and investor-friendly environment with immense development potential in sectors such as mining, agriculture, tourism, manufacturing and processing. Investors from various countries, including China, have made significant contributions to Zambia’s economic and social development. The Zambian government will strive to foster a better business environment and welcomes global investors to establish joint ventures in Zambia, boosting economic growth, job creation, value addition and technological innovation.

    Ambassador Han Jing was present and delivered remarks. He noted that the practical cooperation between China and Zambia has flourished dynamically under the strategic guidance of the two head of state. China is Zambia’s largest source of investment, second-largest trading partner and the largest sponsor of this conference. Chinese enterprises, active across all sectors of Zambia’s economy and society, are vital participants and contributors to the nation’s development. The Chinese government consistently requires all Chinese enterprises to operate in compliance with laws and regulations and actively fulfill social responsibilities. Simultaneously, Ambassador Han stated China’s expectation that the Zambian government and all sectors of society will create a more favorable environment for Chinese enterprises investing and operating in Zambia.

    Prior to the opening ceremony, Ambassador Han Jing accompanied President Hichilema on a tour of the Chinese enterprises exhibition. During the opening ceremony, they jointly witnessed the signing of multiple investment cooperation agreements between Chinese enterprises and Zambian counterparts in fields including power construction and new energy vehicles.

    Distributed by APO Group on behalf of Embassy of the People’s Republic of China in the Republic of Zambia.

    MIL OSI Africa –

    July 18, 2025
  • MIL-OSI China: Foreign Minister Lin meets with Paraguayan Foreign Minister Ramírez, cohosts reception celebrating 68th anniversary of diplomatic relations

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    July 13, 2025
    No. 239

    After arriving in Paraguay in the evening of July 10, Minister of Foreign Affairs Lin Chia-lung visited the Paraguayan Ministry of Foreign Affairs on the morning of the following day to meet with Minister of Foreign Affairs Rubén Ramírez Lezcano. The two reviewed progress made on key components of the Diplomatic Allies Prosperity Project, which is being implemented by the government of Taiwan under the policy framework of integrated diplomacy. Based on mutual trust and mutual benefit, Taiwan and Paraguay are jointly promoting exchanges in economics, trade, investment, infrastructure, smart medicine, technology, education, and smart transportation. Cooperation has brought prosperity to both countries and benefited the Taiwanese and Paraguayan people.

     

    Speaking at a joint press conference with Minister Ramírez after the meeting, Minister Lin said that Taiwan and Paraguay shared the core values of democracy, freedom, human rights, and the rule of law. He affirmed that the bilateral diplomatic relationship was rock-solid. Looking ahead, Minister Lin pledged that both countries would continue to work together to deepen interactions and collaboration in various fields and jointly enhance the well-being of their people. Minister Lin noted that this demonstrated Taiwan’s policy of values-based diplomacy was steadily developing into value-added diplomacy, showing the world that Taiwan-Paraguay ties were a model of successful cooperation.

     

    In the evening, Minister Lin and Minister Ramírez cohosted a reception celebrating the 68th anniversary of diplomatic relations between the Republic of China (Taiwan) and the Republic of Paraguay. The event was attended by over 250 guests, including Paraguayan Supreme Court President César Diesel, Chamber of Deputies Speaker Raúl Latorre Martínez, other deputies and senators, members of the diplomatic corps, and representatives of the overseas Taiwanese community. In his remarks, Minister Lin commended the fruitful outcomes of the long-term and close partnership between Taiwan and Paraguay. He said that recent benchmark initiatives such as the Taiwan-Paraguay Smart Technology Park, the Taiwan-Paraguay Polytechnic University, the Health Information Management Efficiency Enhancement Project, and an electric bus pilot program were steadily yielding results. Noting that Taiwan was a vital link in global supply chains, Minister Lin said that Taiwan was willing to use its advantages in ICT to further deepen cooperation with Paraguay on comprehensive technological development. Minister Lin added that Taiwan was ready to assist its fraternal ally Paraguay in achieving its national blueprint for development and transformation, jointly realizing the vision of sustainability and prosperity.

     

    In his address, Minister Ramírez thanked Taiwan for its long-term assistance in promoting the development of agriculture, livestock, public health, medicine, education, innovation, and infrastructure in Paraguay. He said that cooperation had targeted the sectors of society that were most in need, benefiting farming communities and young students. Praising the Taiwan-Paraguay Polytechnic University as a landmark bilateral cooperation project, Minister Ramírez said that more than 170 engineers had already been trained. He noted that the two countries were working together to construct campus buildings, representing their shared commitment to investing in knowledge and talent. Minister Ramírez added that Taiwan and Paraguay were jointly creating a future for the next generation by incorporating smart industries and global supply chain integration into their cooperation projects. 

     

    Paraguay is an important diplomatic ally of Taiwan. A mutual agreement on visa-free entry for ordinary passport holders between the two countries that will come into effect on July 25 is expected to further advance exchanges among the people of Taiwan and Paraguay and make investment by Taiwanese companies in Paraguay more convenient. The two nations will continue to deepen cooperation in all spheres and jointly inject new momentum into their democratic partnership.

    MIL OSI China News –

    July 18, 2025
  • MIL-OSI China: MOFA sincerely thanks Japanese Prime Minister Ishiba for publicly extending sympathies to Taiwan over losses caused by Typhoon Danas

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA sincerely thanks Japanese Prime Minister Ishiba for publicly extending sympathies to Taiwan over losses caused by Typhoon Danas

    • Date:2025-07-13
    • Data Source:TAIWAN-JAPAN RELATIONS ASSOCIATION

    July 13, 2025 

    No.241 

    In the evening of July 12, Japanese Prime Minister Shigeru Ishiba posted a message on social media platform X extending sympathies to Taiwan over the losses caused by Typhoon Danas and expressing the hope that all those affected would be able to resume their normal lives as soon as possible. 

     

    Both the Ministry of Foreign Affairs and the Taipei Economic and Cultural Representative Office in Japan immediately extended appreciation to the government of Japan for the thoughtful message. 

     

    Japan-Taiwan Exchange Association Taipei Office Chief Representative Kazuyuki Katayama; Mrs. Akie Abe, widow of late Japanese Prime Minster Shinzo Abe; and many Japanese parliamentarians friendly to Taiwan from across the political spectrum also openly and promptly expressed empathy. These gestures fully demonstrate the mutual concern and genuine friendship between Taiwan and Japan. 

     

    Taiwan and Japan are both situated in areas that frequently experience typhoons and earthquakes. Whenever a natural disaster strikes, Taiwan and Japan can count on each other for assistance to overcome related impacts. Indeed, the cordial and cooperative relations between Taiwan and Japan serve as an important asset and model for the international community. Immediately after the occurrence of the typhoon, the people and government of Taiwan fully embarked on disaster relief. Taiwan will continue to maintain close contact with Japan on these efforts. 

     

    Minister of Foreign Affairs Lin Chia-lung once again sincerely thanks the people and government of Japan for their warm sentiments and assistance. He hopes that in the future Taiwan and Japan will continue to engage in extensive and substantive collaboration and exchanges in all areas, including natural disaster prevention and mitigation, so as to bolster the resilience of their societies and develop an even stronger, closer, and more robust bilateral partnership. (E) 

    MIL OSI China News –

    July 18, 2025
  • MIL-OSI Russia: Iceland, EU to start security talks

    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

    HELSINKI, July 18 (Xinhua) — Iceland and the European Union (EU) are set to begin talks on a security and defense partnership, Icelandic Prime Minister Kristrun Frostadottir announced at a joint press conference with European Commission President Ursula von der Leyen in Keflavik on Thursday.

    They noted that formal negotiations could begin in the coming weeks or months and expressed hope that they would be completed by the end of the year.

    K. Frostadottir also said that the government is considering holding a national referendum on resuming EU accession talks. –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 –

    July 18, 2025
  • MIL-OSI Submissions: Pacific – Solomon Islands’ East Malaita Constituency retires 2024 CDF, submits 2025 annual work plan

    Source: Government of the Solomon Islands

    The East Malaita Constituency (EMC) has formally submitted its 2024 Constituency Development Fund (CDF) Expenditure Report to the Ministry of Rural Development (MRD), demonstrating a commitment to transparency, accountability, and compliance with the reporting obligations outlined in Section 29 of the CDF Act 2023.

    The submitted report details the disbursement of about $3.88 million in CDF funds allocated to each constituency for the 2024 financial year. The presentation was made by the Member of Parliament for EMC, Honourable Manasseh Maelanga.

    During the submission, Hon. Maelanga also presented the constituency’s 2025 Annual Work Plan (AWP), which outlines community development programs and initiatives aimed at improving livelihoods and fostering sustainable growth within the constituency.

    Representing the MRD, PS John Misite’e acknowledged the submission as a positive step forward.

    He emphasized that the Ministry remains committed to implementing the CDF legislation and providing guidance to ensure proper administration of constituency programs within this legal framework.

    PS Misite’e highlighted the importance of annual reports, including financial expenditure reports, as critical documents for organizational accountability and transparency, especially when public resources are involved.

    “These reports reinforce transparency and demonstrate accountability in the use of public funds,” he said.

    He also commended Hon. Maelanga and his constituency officers for their diligent efforts in fulfilling their reporting obligations.  He also thanked other constituencies that have already submitted their 2024 CDF reports.

    PS Misite’e called on remaining constituencies to submit their reports by July 31st, reiterating the urgency and importance of compliance. “I urge all constituencies to come forward with their reports soon,” he emphasized.

    Hon. Maelanga, on behalf of the people of East Malaita and his constituency officers, expressed his happiness in submitting the report and pledged ongoing support to the MRD to ensure annual compliance with legal reporting requirements.

    He noted that most of the EMC 2024 budget was allocated to road infrastructure, education support, medical assistance, administration, and other sectors vital to community development.

    Hon. Maelanga reaffirmed EMC’s commitment to its mandate and continued support and purpose to collaborate with MRD, other government agencies, and stakeholders to implement effective development initiatives that will improve the livelihoods of his constituents.

    He extended heartfelt gratitude to the Ministry, his constituency officers, stakeholders, communities, and all supporters of development initiatives undertaken under his leadership.

    The CDF Act 2023 was passed by Parliament on December 22, 2023, and came into effect on January 5, 2024. This legislation makes it clear that any offences committed by recipients of the CDF after this commencement date are subject to penalties.

    Penalties apply to constituents, Members of Parliament, and public officers who commit offences such as:

    Misappropriates any funds or assets from the fund; or
    Advances materials and cash from a supplier without prior approval from the responsible ministry; or
    Fraudulently converts project assets or materials to his own use or to the use of some other person; or
    Deliberately victimises non-voters by excluding them from receiving Constituency Development Funds projects and funds without justifiable grounds; or
    Assists or causes a person to misappropriate or apply the funds otherwise than in the manner provided in this Act and Regulations.

    With the new CDF legislation in place, it is the collective responsibility of all stakeholders to adhere to the law, ensuring proper use of funds and avoiding legal penalties.

    We should view this legislation not as a threat but as a guide to conduct and accountability in managing development funds or public resources.

    The primary purposes of the CDF Act 2023 are:

    To strengthen good governance;
    To ensure improved and effective delivery mechanisms of the Constituency Development Funds and
    To promote equal and inclusive participation of all Solomon Islanders in development.

    Constituents and the public are encouraged to consult their respective constituency offices should they need to get more information about how their constituency offices implement their Constituency Development Program (CDP).

    Constituency Development Program is a national programme of the Solomon Islands Government (SIG) administered by the Ministry of Rural Development (MRD).

    It is implemented by the 50 constituencies in the country purposely to improve the socio-economic livelihoods of Solomon Islanders.

    MIL OSI – Submitted News –

    July 18, 2025
  • MIL-OSI USA: Case Opposes Housing And Transportation, Energy And Water Funding Measures That Fail To Support Americans Facing Rising Housing, Energy And Transportation Costs

    Source: United States House of Representatives – Congressman Ed Case (Hawai‘i – District 1)

    (Washington, DC) – U.S. Congressman Ed Case (HI-01), a member of the House Appropriations Committee, today voted in full Committee against the proposed Fiscal Year (FY) 2026 Transportation-Housing and Urban Development (HUD) Appropriations and FY 2026 Energy and Water Appropriations measures.

    The FY 2026 housing and transportation bill proposes to spend $89.9 billion for HUD, the United States Interagency Council on Homelessness and the Department of Transportation, including the Federal Aviation Administration (FAA). This is a decrease of $4.5 billion from the FY 2025 enacted level.

    The $57.3 billion Energy and Water Appropriations bill funds the Department of Energy (DOE), the U.S. Army Corps of Engineers’ (USACE) civil works programs and various energy programs. This is a decrease of nearly $776 million from the FY 2025 enacted level.

    “While these measures fund many critical Hawai‘i priorities I requested, I regrettably had to vote against both bills because of massive cuts to federal program that help everyday Americans with rising housing, transportation and energy costs,” explained Case.

    The Transportation-HUD Appropriations bill included some important wins for Hawai‘i requested by Case including $5.5 million for Case’s Community Funding Projects (described below), as well as $18.3 million for the Native Hawaiian Housing Block Grant and $28 million for the Native Hawaiian Housing Loan Guarantee Fund (for both of which programs the President’s budget has proposed $0). It also included Case’s request to continue funding for the National Transportation Safety Board (NTSB), which plays a crucial role in enhancing the safety of the helicopter and small aircraft industry through accident investigation, analysis and recommendations to prevent future incidents, including several fatal accidents throughout Hawai‘i.

    Despite these positives, Case said the bill poses significant risks to vulnerable communities by exacerbating the cost-of-living crisis and undercutting critical housing support systems. The bill eliminates the HOME Investment Partnerships Program, the only federal program dedicated to developing new affordable rental and homeownership options. It also defunds the PRO Housing Program, which empowers local governments to address housing shortages. Together, these actions remove essential tools for expanding the affordable housing supply.

    The bill further harms Americans aspiring to homeownership by stripping funding from housing counseling assistance. The net effect of the bill threatens nearly 415,000 households that rely on HUD assistance, putting them at risk of eviction and housing instability.

    The Energy and Water Appropriations bill also included numerous wins for Hawai‘i requested by Case, including funding for USACE programs that aid in the preservation of Hawaii’s coastlines across all seven inhabited islands. Specifically, the bill includes $2 million to study avenues of protection for public infrastructure on small beaches from erosion and damage caused by storms and natural wave currents; $18 million for regional sediment management, construction, operations and regulatory functions in the coastal zone; and $38 million for programs which manage aquatic weeds in public waters.

    Notably, one of Case’s highest priorities, an instruction to the USACE to complete a major update study for Honolulu Harbor, was included in the bill. This provision directs the USACE to investigate modifications to Honolulu Harbor to better handle the impacts of military operations in the state and throughout the Indo-Pacific as a whole, which can open up additional federal resources for the planned improvements of Honolulu Harbor. Also included in the bill is $9.5 million for USACE program that aids in the planning, designing and construction of small projects for commercial navigation purposes such as channels, breakwaters and jetties. This funding will aid in the investigation of best practices for Honolulu Harbor modifications.

    Despite these positives, Case opposed the measure in light of the widespread elimination of funding to advance clean, affordable and secure energy for Americans. The bill slashes vital clean energy funding nationwide, with Hawai‘i set to experience a cut of 31% on federal funding for clean energy projects and investments.

    “While the Energy and Water Appropriations measures fund many critical Hawai‘i and priorities I requested, regrettably the bill will increase energy costs for American families by revoking more than $5 billion in clean energy investments.

    “Without these federally funded programs and incentives, we risk falling dangerously behind our clean energy goals,” said Case. 

    Through his assignment on the Committee, Case secured the following seven Member-designated Community Project Funding (CPF) projects across the two bills that specifically focused on local needs in Hawai‘i:

    ·      $2 million for the Hawai‘i Department of Transportation to repair Aloha Tower, including replacing its 40-foot mast, repairing the crown of the tower and replacing its windows to weatherproof the landmark. This funding is essential to maintain Aloha Tower’s structural integrity, enhance public access and ensure that it remains a celebrated symbol of Honolulu’s history for generations to come.

    ·      $1 million for the City and County of Honolulu for its Waikīkī Vista Project. This project converts former Tokai University and Hawai‘i Pacific University classrooms into a consolidated, family-friendly emergency shelter and additional affordable housing units for low-income families. This investment will directly enhance the City’s ability to reduce family homelessness and expand affordable housing inventory in one of Hawaii’s most housing-challenged areas.

    ·      $850,000 for the City and County of Honolulu to support its Safe Harbor Support for Housing Survivors of Domestic Violence project. This funding will expand the Domestic Violence Action Center’s successful housing program by supporting property acquisition and staffing to increase safe and stable housing options for survivors and their children.

    ·      $850,000 for Kalihi Waena Elementary School to construct a new single-span pedestrian bridge with American with Disabilities Act-compliant access between Kūhiō Park Terrace and the school. The new bridge will replace dangerously deteriorating infrastructure and ensure safe and equitable access for students and community members.

    ·      $300,000 for Highlands Intermediate School to modernize and expand its media center infrastructure. The renovation will create a collaborative, technology-driven learning environment that fosters student creativity, innovation and digital literacy.

    ·      $250,000 for the Hawai‘i State Parks System and Hawai‘i Nature Center to upgrade educational and operational facilities, including classroom expansion and replacement of a sustainable wetland wastewater system supporting environmental education for thousands of Title I students annually.

    ·      $250,000 for the Hawai‘i State Broadband Office for broadband infrastructure development in our local community centers. Funding will be used toward essential network enhancements, including rewiring, electrical system upgrades and the installation of Wi-Fi access points to ensure reliable, high-speed connectivity.

    The House’s CPF rules require that each project must have demonstrated community support, must be fully disclosed by the requesting Member and must be subject to audit by the independent Government Accountability Office. Case’s disclosures are here: https://case.house.gov/services/funding-disclosures.htm.  


    Transportation-HUD Funding Bill

    More specifically, the bill includes the following funding requested by Case for programs to improve access to affordable housing in Hawai‘i and nationwide:

    ·      $18.3 million for the Native Hawaiian Housing Block Grant Program, which supports the building, acquisition and rehabilitation of affordable homes.

    ·      $5 million for core housing research partnerships with Native Hawaiian serving institutions among other minority serving institutions.

    ·      $56 million for the Self-Help and Assisted Homeownership Opportunity Program.

    ·      $17 billion for project-based rental assistance.

    ·      $5.6 billion for the Community Development Fund, which includes $3.3 billion for the Community Development Block Grant formula program.

    ·      $4 billion for the Homeless Assistance Grants.

    Transportation and infrastructure programs requested and secured by Case include:

    ·      $380 million for the Maritime Security Program, $123 million for the Port Infrastructure Development Program and $30 million for assistance to small shipyards like Kalaeloa/Barbers Point.

    ·      $64 billion for the Federal Highway Administration to improve the safety and long-term viability of our highways.

    ·      $23 billion for the FAA, including $10 billion to fully fund air traffic control operations and allow the FAA to hire 2,500 air traffic controllers to replace the retiring workforce.

    ·      $15 billion for the Federal Transit Administration.

    A summary of the Transportation-HUD Appropriations bill is available here.

    Energy and Water Funding Bill

    More specifically, the bill includes the following energy and water-related programs and provisions requested and secured by Case and of specific benefit to Hawai‘i: 

    ·      Language directing the USACE to investigate modifications to Honolulu Harbor to better accommodate the impacts of military operations in the state and throughout the Indo-Pacific as a whole.

    ·      $2 million for the USACE’s beach erosion and hurricane and storm damage reduction activities.

    ·      $40 million for flood control and coastal emergencies efforts.

    ·      $18 million for the USACE’s National Coastal Mapping Program, which provides high-resolution elevation and imagery data along the U.S. shorelines on a recurring basis which can provide a better understanding of human uses, issues and constraints in coastal regions.

    ·      $12 million for the USACE’s Aquatic Plant Control Program, which conducts research and development of biological, chemical, cultural and ecological capabilities for controlling invasive aquatic plants.

    ·      Language modifying a clean energy program under DOE that has been widely beneficial for Hawai‘i. The newly named Energy Technology Innovation Office, previously known as the Energy Transitions Initiative, supports island and remote communities by providing personalized technical and financial assistance. Case recently introduced legislation make to make this program permanent. (See here for more details.)

    ·      Language directing the DOE to investigate potential benefits of having small-modular nuclear reactors as a source of clean, domestically sourced electricity for remote, noncontiguous U.S. areas such as Hawai‘i.

    A summary of the Energy and Water Appropriations bill is available here. 

    These two bills are the 6th and 7th of twelve separate bills developed and approved by the Appropriations Committee that would fund the federal government at some $1.6 trillion for FY 2026 commencing October 1st of this year. The bills now move on to the full House of Representatives for its consideration.   

    ###

     

     

    MIL OSI USA News –

    July 18, 2025
  • MIL-OSI Russia: Polish Ambassador to Hungary Stops Working — MFA

    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

    WARSAW, July 18 (Xinhua) — Polish Ambassador to Hungary Sebastian Kieciek completed his tenure on July 15, Polish Foreign Ministry spokesman Pawel Wronski said on Thursday.

    A day earlier, Hungary’s Secretary of State for Foreign Affairs Levente Magyar acknowledged the downgrade in diplomatic relations and expressed regret over this development.

    According to P. Wronski, it is not yet clear how the situation with the further appointment of diplomats will develop.

    He recalled that Polish Foreign Minister Radosław Sikorski recalled S. Kęciek to Warsaw in December 2024 for “consultations for an indefinite period” following Hungary’s decision to grant political asylum to Marcin Romanowski, the former Deputy Minister of Justice of Poland. –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 –

    July 18, 2025
  • MIL-OSI China: Overseas Chinese join Belt and Road Initiative

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

    CHONGQING, July 18 — The first Belt and Road Conference for Overseas Chinese Cooperation and Development opened in southwest China’s Chongqing Municipality on Thursday, aiming to harness the strength of the overseas Chinese communities to advance the Belt and Road Initiative.

    Deals worth 43.79 billion yuan (about 6.13 billion U.S. dollars) covering 66 projects across green energy, cross-border trade, advanced manufacturing and digital economy sectors were signed at the conference.

    The conference also launched the Belt and Road Overseas Chinese Business Network, with founding members representing Chinese business organizations from 72 countries and regions. The network aims to integrate global Chinese business resources and promote cooperation in trade, science, technology and culture.

    Ten exemplary “Overseas Chinese for Belt and Road” cases, highlighting contributions in fields such as new energy, manufacturing and humanitarian aid, were released.

    Jointly organized by the All-China Federation of Returned Overseas Chinese and the governments of Chongqing and Sichuan Province, the event brought together over 500 overseas Chinese representatives from more than 110 countries and regions.

    MIL OSI China News –

    July 18, 2025
  • MIL-OSI New Zealand: Politics – Seymour’s attack on UN official ‘offensive and irresponsible’ – PSA

    Source: PSA

    Te Pūkenga Here Tikanga Mahi (PSA) is expressing outrage at the conduct of David Seymour for his offensive treatment of the UN’s Special Rapporteur on the Rights of Indigenous Peoples – and its disappointment that this stance was endorsed by the Prime Minister.
    PSA Kaihautū Janice Panoho called on the Prime Minister to issues a formal apology to the Rapporteur, Dr Albert Barume, and for Foreign Minister Winston Peters to provide a meaningful, Tiriti-consistent response to the UN to the concerns raised with them about the Regulatory Standards Bill and the erosion of Māori rights that have occurred under this government.
    “The Rapporteur was simply doing his job in seeking a response from the government to legitimate concerns that have been raised with the UN.
    “David Seymour’s disrespectful response to the Rapporteur not only undermined Foreign Minister Winston Peters who is responsible for leading our diplomatic relations, it was also ignorant and reeked of colonial defensiveness.
    “This further exposes this government’s complete disregard for the foundational place of Māori as tangata whenua of Aotearoa. The Regulatory Standards Bill, for example, deliberately excludes Māori worldviews, ignores tikanga, and seeks to erase Te Tiriti obligations, and when the international community raises red flags, the response is open hostility.
    “Even more disturbing is the Prime Minister’s public admission that he ‘fully agrees’ with the contents of Seymour’s letter. This is not a mere misstep in process, this is an active and deliberate dismissal of indigenous rights, and a signal to Māori and the global community that this government believes it is above scrutiny.
    “This coalition government continues to prove itself unfit to govern in a Tiriti-based nation. The actions are not just diplomatically embarrassing, they are a direct attack on Māori and our rights as affirmed by Te Tiriti o Waitangi and international law,” says Panoho.
    “Māori will not be silenced by arrogant dismissals or political games. We will continue to use all available channels to hold this government accountable, nationally and internationally.”
    The Public Service Association Te Pūkenga Here Tikanga Mahi is Aotearoa New Zealand’s largest trade union, representing and supporting more than 95,000 workers across central government, state-owned enterprises, local councils, health boards and community groups.

    MIL OSI New Zealand News –

    July 18, 2025
  • MIL-OSI China: Ukrainian parliament approves new cabinet

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

    The Ukrainian parliament on Thursday approved the formation of a new cabinet, the Interfax-Ukraine news agency reported.

    The decision followed the resignation of former Prime Minister Denys Shmyhal, which led to the automatic dismissal of the entire government.

    The new cabinet, led by newly-appointed Prime Minister Yulia Svyrydenko, includes several members who remained in office from the previous government. These include Deputy Prime Minister for the Restoration of Ukraine Oleksii Kuleba and seven ministers.

    Shmyhal has been appointed as defense minister, while Mykhailo Fedorov, the previous deputy prime minister for innovation, development of education, science and technology, has been named first deputy prime minister.

    “Our government is taking a course towards self-sufficiency: military, economic and social. My main goal is real positive results that every Ukrainian will feel,” Svyrydenko wrote on Facebook on Thursday.

    She listed high-quality support for the armed forces, expanding domestic weapon production and enhancing the army’s technological capabilities among the government’s top priorities for the first six months.

    Earlier in the day, the parliament confirmed Svyrydenko’s nomination to the post of prime minister, proposed by President Volodymyr Zelensky, with 262 votes in favor.

    Svyrydenko, 39, served as first deputy prime minister and minister of economic development and trade from November 2021 to July 2025.

    She becomes the second woman in Ukraine’s history to serve as Prime Minister, following Yulia Tymoshenko.

    MIL OSI China News –

    July 18, 2025
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