NewzIntel.com

Category: Politics

  • MIL-OSI Africa: Treasury allocates emergency funding of R750m towards HIV and TB after US funding cuts

    Source: Government of South Africa

    National Treasury has allocated R753 million to the Department of Health — under Section 16 of the Public Finance Management Act (PFMA) — to help bridge the shortfall caused by the United States’ decision to cut HIV and tuberculosis (TB) grants.

    Health Minister Dr Aaron Motsoaledi made the announcement on Wednesday during the Budget Vote presentation in Parliament.

    According to the Minister, R590 million of the total of R753 million will be allocated for service delivery in the provinces, distributed through the comprehensive HIV/Aids component of the District Health Programme Grant.

    In addition, R32.1 million will be given to the National Department of Health to support the Central Chronic Medicine Dispensing and Distribution (CCMDD) Programme, as well as pharmaceutical supply chain management.

    Furthermore, R132 million will be transferred to the South African Medical Research Council (SAMRC) to enhance health research across the country.

    “This is how it is going to work: the Bill and Melinda Gates Foundation and the Wellcome Trust have pledged R100 million each. 

    “They put a condition that each R100 million they contribute be matched by R200 million from our own Treasury, and that money be given to researchers. Treasury duly agreed.” 

    This means South Africa will receive a total of R600 million allocated to researchers, even though the President’s Emergency Plan for AIDS Relief (PEPFAR) has withdrawn support. 

    The United States government’s withdrawal of funding to key health initiatives, including PEPFAR, which was established by former President George W Bush in 2003, led to a loss of R7.9 billion spent on HIV/Aids programmes annually.

    “Hence, the Bill and Melinda Gates Foundation and the Wellcome Trust will together immediately release R200 million. On the other hand, the matching R400 million by Treasury will be released over three years, hence the first tranche of R132 million I have mentioned.“

    According to the Minister, these funds are meant to address the most urgent needs, with the possibility of additional allocations being considered later.

    This week, he stated that the South African Medical Research Council , along with researchers from various institutions and universities, are discussing how they will distribute funds, which will be transferred to the SAMRC.

    “We are determined more than ever before to end the scourge of HIV/Aids as a public health threat. Today is a historic day in this regard. As I am speaking to you now, the Global Fund in Geneva is announcing… that it has signed an access agreement with Gilead Sciences to procure lenacapavir,” the Minister said. 

    The Minister has referred to lenacapavir, a long-acting injection for HIV prevention, as one of the most significant advancements in HIV prevention in decades. 

    This is the first long-acting injectable treatment for pre-exposure prophylaxis (PrEP), administered twice a year. 

    According to the Minister, lenacapavir significantly expands the options available for HIV prevention, offering the most choices ever.

    “For South Africa, we regard this as a game changer in our fight against HIV/Aids.

    “As such, as South Africa, we have agreed to be one of the first countries in the starting blocks for lenacapavir.” 

    According to the Minister, the first shipment is expected to arrive in at least one African country by the end of 2025.

    “We intend to be such a country, and we have already started putting the plan together. We plan to offer lenacapavir to young women and everyone at risk to stay HIV-free.

    “We all know that for far too long, women and girls in our country have carried the greatest burden of this epidemic.” – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Video: UK The story behind the despatch boxes

    Source: United Kingdom UK House of Lords (video statements)

    Frontbench members speak at the despatch boxes during business in the chamber, but what exactly is a despatch box? Curator of the Historic Furniture and Decorative Arts Collection, Eloise, explains.

    Catch-up on House of Lords business:

    Watch live events: https://parliamentlive.tv/Lords
    Read the latest news: https://www.parliament.uk/lords/

    Stay up to date with the House of Lords on social media:

    • X: https://twitter.com/UKHouseofLords
    • Bluesky: https://bsky.app/profile/houseoflords.parliament.uk
    • Instagram: https://www.instagram.com/UKHouseofLords/
    • Facebook: https://www.facebook.com/UKHouseofLords
    • Flickr: https://flickr.com/photos/ukhouseoflords/albums
    • LinkedIn: https://www.linkedin.com/company/the-house-of-lords
    • Threads: https://www.threads.net/@UKHouseOfLords

    #HouseOfLords #UKParliament

    https://www.youtube.com/shorts/mKJERk2Fe2I

    MIL OSI Video –

  • MIL-OSI United Kingdom: Edinburgh to launch Bloomberg Philanthropies innovation team to reduce poverty and reach net zero

    Source: Scotland – City of Edinburgh

    View of Edinburgh from Arthur Seat – a Getty image

    Edinburgh is one of 19 new local authorities joining the international Bloomberg Philanthropies i-team initiative, which provides support and expertise to tackle pressing local challenges.

    The City of Edinburgh Council today announced plans for an Innovation Team which will work towards tackling the city’s ambitions of reaching net zero and ending poverty.

    The ‘i-team’, supported by Bloomberg Philanthropies, will include three specialised staff charged with helping the Council and civic and community-based partners design and implement services that improve people’s lives. They will receive technical assistance from regional and global specialists, and benefit from learnings from peers in local authorities across the region and around the world.  

    City of Edinburgh Council Leader Jane Meagher said:

    Edinburgh is one of the most successful cities in the world and yet we face unprecedented pressures. Our population growth, and appeal as a fantastic place to live and visit, makes it challenging to provide the best quality housing and support to residents who need it most. Likewise, Edinburgh’s world-famous environment, both built and natural, needs to be managed sustainably and protected from the effects of climate change.

    The support from Bloomberg Philanthropies’ international i-team initiative will provide a huge boost towards our aims of tackling poverty and hitting net zero, by helping us to establish a brand-new innovation team within the Council. I look forward to working with this team, and all our partners, as we work to deliver a fairer and stronger capital city.

    James Anderson, who leads the Government Innovation program at Bloomberg Philanthropies, said:

    Realising efficient, effective government is an inside job—and the Innovation Teams we support around the world are critical to building that engine within the city halls they serve. We are glad to expand this model to 19 new municipal teams in Europe, who will join the growing number of public officials working locally, creatively, and ambitiously to break down silos, break through problems, and deliver results residents see and feel.

    To date, the Bloomberg Philanthropies i-team initiative has reached over 100 cities across 16 countries and four continents—representing more than 100 million residents—and inspired hundreds of other local governments to embrace innovation systems and practices.

    Published: July 10th 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Ambitious strategy to help nature recover and thrive launches

    Source: City of Leicester

    A BOLD new strategy making space for nature across Leicestershire, Leicester and Rutland has been officially launched.

    The Local Nature Recovery Strategy (LNRS) has been developed by Leicestershire County Council and partners to protect nature and allow it to recover by conserving and improving habitats and biodiversity.

    The launch, at Brooksby College in Melton on Tuesday 8 July, marks a major milestone in the commitment to nature recovery, bringing together a wide range of stakeholders in a collective effort to restore and protect the natural environment.  

    These include farmers, landowners, conservation groups, community organisations and representatives from local authorities – all involved in helping to shape the future of nature and make the vision of the LNRS a reality.

    It sets out practical actions to boost the area’s wildlife and natural spaces including:

    • Tackling habitat loss and shrinking species population – by expanding woodland cover, connecting rivers to their floodplains and controlling invasive plant species
    • Identifying habitats and species that need urgent attention – including barbastelle bats, hazel dormice, adders, palmate newts, European eels and water voles.
    • Building a healthier, more connected natural environment – by protecting existing hedgerows and new native hedgerows and creating wildlife-friendly road verges with native wildflowers and grasses.

    Assistant city mayor for environment, Cllr Geoff Whittle, said: “This strategy and the action plan that will follow are very important to Leicester. They will support the recovery of nature, improve people’s access to it, and help to bring about improvements in health and wellbeing for people.

    “They also support the city’s response to climate change by identifying opportunities for nature-based solutions to the problems we face.”

    Cllr Adam Tilbury, Leicestershire County Council cabinet member for Environment and Flooding, said: “This is about taking positive, practical action to recover nature in every corner of Leicestershire, Leicester and Rutland – from our rivers and woodlands to our farmlands and towns.

    “The strong support we’ve received shows that the people of Leicestershire. Leicester and Rutland care deeply about the environment and are ready to work together for a greener, healthier future.”

    Cllr Virge Richichi, cabinet member for communities and rural issues, said: “Nature recovery is not something we can do alone – and that’s why this strategy is built on partnership. Everyone in Leicestershire, Leicester and Rutland has a role to play. Together, we can deliver real change for people, wildlife, and the places we all cherish.”

    Penny Sharp, Strategic Director for Places at Rutland County Council, said: “We know many people in Leicestershire and Rutland feel a strong connection to nature and the rural landscape, which form part of the area’s unique character and identity. This goes hand in hand with an appreciation of climate issues and a desire to protect the environment.

    “Development of this strategy has been welcomed by local communities, who also understand that nature plays a key role in our quality of life and the health of our rural economy. We now have a clear set of priorities that reflect the views of our residents and can support action to bring about positive change.”

    Now, Leicestershire County Council will work with partners to create a delivery plan to:

    • Provide support for farmers delivering nature friendly farming practices and habitat creation.
    • Protect communities from flooding using solutions such as tree planting, re-meandering rivers and connecting rivers to their floodplains.
    • Expand woodland cover and maintain wildlife corridors linking woodlands with other habitats.
    • Safeguard and enhance natural spaces in existing and future urban areas.
    • Create ‘nature corridors’ along historic rail lines and canals allowing wildflower verges, trees, and hedgerows to thrive.
    • Manage grasslands to increase their species richness, providing homes for pollinators, reptiles and rare plants.
    • Deliver tailored management plans to save threatened priority species from extinction.
    • Educate everyone on the importance of local nature recovery and how they can get involved.

    Just under 1,200 responses were received during a consultation held earlier this year with 97 per cent of participants supported the strategy’s aims. Feedback helped to shape the final version of the LNRS, ensuring it reflects local priorities and ideas.

    The most popular suggestions for action were the creation of new habitats, the restoration or expansion of existing habitats and the need to make space for nature in housing, industrial and other developments.

    For more information and to read the strategy, visit www.leicestershire.gov.uk/what-is-a-lnrs

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: Government posts notices of land resumption and acquisition for Development of San Tin Technopole (Phase 1) (First Batch) and Sam Po Shue Wetland Conservation Park (First Phase)

    Source: Hong Kong Government special administrative region

    The Lands Department (LandsD) today (July 10) posted land resumption notices and acquisition notices for the developments of San Tin Technopole (STT) (Phase 1) (First Batch) and Sam Po Shue Wetland Conservation Park (SPS WCP) (First Phase), in accordance with relevant ordinances.

    Section 4 of the Lands Resumption Ordinance (Chapter 124) and section 4 of the Land Acquisition (Possessory Title) Ordinance (Chapter 130) will be invoked.

    For STT (Phase 1) (First Batch), 1 309 private lots with an area of about 62 hectares will be resumed by the Government. Government land occupied by 20 graves and 42 urns, as well as 25 fishponds of about 700 square metres and about 7.5 hectares respectively, will also be acquired. In addition, for the establishment of SPS WCP (First Phase), about 85.2 hectares of government land occupied by 110 fishponds will be acquired by the Government. The land will revert to and vest in the Government upon the expiry of a period of three months from the date of affixing the notices (i.e. October 11, 2025).

    The abovementioned land reversion date and land vesting date are not the departure deadlines for the affected households and business undertakings. The LandsD will post notices in relevant areas about three months before the departure deadlines for the affected parties. According to the project programmes, the affected parties are scheduled to depart in batches. The estimated departure date for STT Phase 1 Stage 1 works will be in batches mainly from the first quarter of 2026 to the second quarter of 2027, whereas the estimated departure date for SPS WCP (First Phase) will be in batches mainly from the fourth quarter of 2026 to 2027. The LandsD and its appointed Community Liaison Service Team will closely liaise with the affected parties to handle compensation and rehousing matters.

    The STT (excluding the Loop), with an area of about 540 hectares, will be developed in two phases, with Phase 1 development of about 365 hectares. The works for Phase 1 development are subdivided into two stages, with an area of about 158 hectares for Stage 1 works and about 207 hectares for Stage 2 works. The Stage 1 works commenced late last year. As previously stated publicly, the Government will not carry out pond filling works before commencing works for SPS WCP in 2026/2027. Upon full development, the STT will provide about 50 000 residential flats, accommodating a new population of more than 150 000. It will also create about 160 000 employment opportunities. The first population intake of about 18 000 under Phase 1 Stage 1 development will start progressively from 2031 onwards.

    SPS WCP, spanning over 300 hectares, will also be developed in two phases. The works of SPS WCP (First Phase) covering an area of about 150 hectares will commence in 2026/2027 (including the abovementioned proposed acquisition of land of about 85.2 hectares) for completion in 2031. The park serves multi-functions to conserve the Deep Bay wetlands, facilitate the modernisation of the aquaculture industry, as well as create environmental capacity and compensate for the impact on ecology and fisheries resources. The entire park is expected to be completed by 2039 to align with the estimated time for full operation of the STT.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Government posts notices of land resumption and acquisition for Development of San Tin Technopole (Phase 1) (First Batch) and Sam Po Shue Wetland Conservation Park (First Phase)

    Source: Hong Kong Government special administrative region

    The Lands Department (LandsD) today (July 10) posted land resumption notices and acquisition notices for the developments of San Tin Technopole (STT) (Phase 1) (First Batch) and Sam Po Shue Wetland Conservation Park (SPS WCP) (First Phase), in accordance with relevant ordinances.

    Section 4 of the Lands Resumption Ordinance (Chapter 124) and section 4 of the Land Acquisition (Possessory Title) Ordinance (Chapter 130) will be invoked.

    For STT (Phase 1) (First Batch), 1 309 private lots with an area of about 62 hectares will be resumed by the Government. Government land occupied by 20 graves and 42 urns, as well as 25 fishponds of about 700 square metres and about 7.5 hectares respectively, will also be acquired. In addition, for the establishment of SPS WCP (First Phase), about 85.2 hectares of government land occupied by 110 fishponds will be acquired by the Government. The land will revert to and vest in the Government upon the expiry of a period of three months from the date of affixing the notices (i.e. October 11, 2025).

    The abovementioned land reversion date and land vesting date are not the departure deadlines for the affected households and business undertakings. The LandsD will post notices in relevant areas about three months before the departure deadlines for the affected parties. According to the project programmes, the affected parties are scheduled to depart in batches. The estimated departure date for STT Phase 1 Stage 1 works will be in batches mainly from the first quarter of 2026 to the second quarter of 2027, whereas the estimated departure date for SPS WCP (First Phase) will be in batches mainly from the fourth quarter of 2026 to 2027. The LandsD and its appointed Community Liaison Service Team will closely liaise with the affected parties to handle compensation and rehousing matters.

    The STT (excluding the Loop), with an area of about 540 hectares, will be developed in two phases, with Phase 1 development of about 365 hectares. The works for Phase 1 development are subdivided into two stages, with an area of about 158 hectares for Stage 1 works and about 207 hectares for Stage 2 works. The Stage 1 works commenced late last year. As previously stated publicly, the Government will not carry out pond filling works before commencing works for SPS WCP in 2026/2027. Upon full development, the STT will provide about 50 000 residential flats, accommodating a new population of more than 150 000. It will also create about 160 000 employment opportunities. The first population intake of about 18 000 under Phase 1 Stage 1 development will start progressively from 2031 onwards.

    SPS WCP, spanning over 300 hectares, will also be developed in two phases. The works of SPS WCP (First Phase) covering an area of about 150 hectares will commence in 2026/2027 (including the abovementioned proposed acquisition of land of about 85.2 hectares) for completion in 2031. The park serves multi-functions to conserve the Deep Bay wetlands, facilitate the modernisation of the aquaculture industry, as well as create environmental capacity and compensate for the impact on ecology and fisheries resources. The entire park is expected to be completed by 2039 to align with the estimated time for full operation of the STT.

    MIL OSI Asia Pacific News –

  • MIL-OSI Banking: Andrew Bailey: The meaning of reserve currency

    Source: Bank for International Settlements

    It is a great pleasure to have the opportunity to make some remarks this afternoon. This is not just to be able to follow a fascinating and timely lecture, but also because I worked for Andrew Crockett at the Bank of England nearly 40 years ago. Andrew was inspiring to work for, one of the deepest thinkers about international economic policy and central banking. He also had a quite incautious side too. He was a practitioner of one of his favourite phrases – “if you have never missed a plane, you obviously arrive at airports too early”. Andrew was also the creator of the Financial Stability Forum, and its first chair.

    I want to spend my time developing a theme that has run though Maury’s lecture, namely what has been the meaning of the term reserve currency, and what does it mean today. My conclusion is that it is best to think of the term as one that has evolved with the times, and continues to do so. Thinking of it as a constant term does not help to understand its meaning.

    I will start with the nineteenth century meaning of the term. The monetary regime was the classical gold standard, and convertibility of domestic currency into gold at a fixed price was the nominal anchor of the system. The term reserve therefore referred to the gold reserves that were held to enable convertibility and the promise thereof.

    The nineteenth century Bank of England spent time managing that reserve balance to create confidence in the promise of convertibility. Today, our banknotes still carry the words “I promise to pay the bearer on demand, the sum of”. Nowadays, it means that someone can have another banknote, but under the gold standard it meant much more. This system did not put as much emphasis on financial stability, with the consequence that when crises occurred (as they did in that time), they were managed with a certain degree of adhocery. Hence, Walter Bagehot wrote his famous critique of the Bank.

    There was rather more to the concept of reserve currency in this period. Sterling was the premier currency of international trade, built on trade with the British Empire, but extending further over time to the countries of the so-called Sterling Area. It is one of the questions in central bank Trivial Pursuit to name countries in the Sterling Area.

    The collapse of this system between the wars led to the Bretton Woods system coming into existence and its heyday once full convertibility was restored. This system had the joint dollar-gold anchor in the form of a fixed dollar-gold rate and pegging of the major currencies. The consequence was a substantial growth of official dollar reserves, and the further emergence thus of the dollar as the reserve currency.

    The system therefore had a joint anchor. Because Bretton Woods solved the so-called Trilemma by restricting capital flows, the threat of countries exhausting reserves was limited, but not sufficiently so to prevent difficult devaluations at times. Moreover, I tend to think of the Triffin Dilemma as posing the question – what if the bluff of the dollar-gold tie had been called, and what would be the consequence?

    From the early 1970s that system broke down. Countries moved to free float, with periodic attempts at management, and a lifting of restrictions on capital controls. Alongside this was the emergence of the domestic anchor of monetary policy, usually an inflation target. The dollar had become the predominant currency of international trade and payments.

    The role and nature of reserves had changed. No longer were they a nineteenth century description of the central bank’s balance sheet and its liquidity under the classical gold standard. Rather, they became a description of so-called official reserves typically, but not always, held by governments, though often managed by central banks. Their role was different, reflecting the changes to the solution of the Trilemma. As foreign exchange intervention to influence exchange rates came to an end, the role of reserves in many countries was to act as a bulwark against pressures from capital flows, as seen in the Asian crisis of the late 1990s.

    A few numbers help here. The stock of FX reserves relative to global GDP increased from 3% to 11% between 1976 and last year.

    During that period, foreign currency reserves as a proportion of global reserve assets including gold increased from 50% to 90%, while the dollar’s share of foreign currency reserves declined from 80% to 57%. I take four points from these figures: the total stock of FX reserves has increased; the share of gold fell; the dollar’s share fell as it moved from being the anchor currency to the largest currency; and the evidence further supports the view that the meaning of the term reserve currency has changed over time.

    Today, with domestic monetary anchors, financial stability has become the focus of international co-ordination, the opposite of the gold standard arrangements. The meaning of reserve currency has changed again as a consequence. I would point to two important features of today’s system.

    First, the concept of reserve currency has a lot more to do with the supply and denomination of safe assets which act as security in the financial system, and are increasingly at the heart of it. This version of the concept of reserve currency has as much to do with the role of US Treasuries as a safe asset, that is present not just in official reserves but also to provide security and collateral in financial markets.

    Second, these arrangements are backed up by the provision of contingent liquidity insurance in the form of central bank swaps and a repo facility. These arrangements underpin the role and primacy of the reserve currency.

    I will end with two points which strike me as unfinished or emerging. First, at least for the large economies, it could be asked today, what is the point of official reserves? My view is that today their use is more to do with preserving financial stability in the event of stress. They may be needed to support financial system liquidity in situations of extreme stress.

    My second point, as BIS colleagues have emphasised, is that we need to watch carefully the evolution of payments forms and whether innovation here introduces fragility into what I would call the “money system”.

    If, for instance, stablecoins emerge as a new form of money, we have to decide how to ensure the singleness of money and therefore trust in money in this world, and what role the notion of reserve currency should play here.

    To finish, thank you Maury for such a stimulating lecture. You pushed me to think further about the meaning of reserve currency. The conclusion I draw was that we need to emphasise more its adaptable nature, but thereby be very clear what it means in the world of today and tomorrow.

    Thank you.

    MIL OSI Global Banks –

  • MIL-OSI Banking: Eddie Yue: Unlocking value through China’s resilience

    Source: Bank for International Settlements

    Ladies and Gentlemen, good morning. It is an honour to join you today as we celebrate the 8th anniversary of the Bond Connect. The theme today, “Unlocking Value through China’s Resilience,” could not be more timely. The global capital markets are undergoing profound transformation, driven by a host of factors including increasing trade tensions, geopolitical and economic shifts, and changing investment appetite and patterns. These changes are reshaping the way capital flows across the world, creating both new opportunities and challenges for market participants. Now, let me first share some observations about the macro trends.

    Macro trends:

    The first trend is global diversification. Global capital markets have been on a roller-coaster driven by shifting policies and economic uncertainties. In light of these unpredictable swings, diversification stands out as the most essential investment strategy. Indeed we are now in a world of unprecedented choice and many more institutional investors are looking to further diversifying their portfolios. The strong investor response to the Hong Kong Government’s recent issuance of HK$27 billion in green and infrastructure bonds is telling of the diversifying trend. This multi-currency issuance attracted participation from a wide spectrum of investors from more than 30 markets across Asia, Europe, Middle East, and the Americas, with total order at about 9 times of the issuance size. In particular, the 30-year HKD government bond was offered for the first time, further extending the HKD yield curve. The 20-year and 30-year RMB government bonds, which were first introduced last year, also received overwhelming support, doubling in issuance size from last year. 

    Against this backdrop of global trend for diversification, China’s bond assets have emerged as a particularly compelling choice.

    • First, China’s bond market is the second largest in the world. Chinese bonds have the market depth and liquidity to become an increasingly important asset class among global investors.
    • Secondly, China has a relatively low debt level, with the general government debt-to-GDP ratio at around 84%, which is much lower than some major advanced economies.1
    • Thirdly, the low correlation between China’s onshore market and major global markets, at just 0.1 over the past 10 years, makes China bonds a very good diversifier.2
    • Fourthly, the risk-adjusted return of China bonds is relatively attractive. Onshore RMB bonds had an annualised volatility of around 1.3% over the past year, significantly lower than the volatility in other advanced markets during the same period.3

    This combination of features of China’s bond market as an attractive asset class for global investors seeking high-quality investments. In fact, according to a recent survey on central banks, over 30% of the respondents expect to increase their RMB holdings in the next five years.

    The second trend is Mainland China’s rapid wealth accumulation, particularly in institutional capital, which is creating new opportunities for their outbound investment. For example, China’s national pension reserve fund grew to around USD 400 billion by the end of 2023.4 Recent policy discussion also reaffirms that China encourages the national pension fund to cooperate with high-quality overseas investment managers to optimise its investment approach.5 The new private pension scheme has already attracted over 60 million participants since its inception in 2022, with this rapidly growing pool of capital projected to reach nearly USD 1 trillion by 2030.6 As Mainland institutional investors increasingly seek to diversify their portfolios and expand overseas asset allocation, there is significant potential for future growth in the Southbound Bond Connect, through Hong Kong’s platform to invest overseas.

    These two-way trends — global investors’ growing interest in RMB-denominated bonds and Mainland investors’ expanding overseas allocations — underscore the critical role of the Bond Connect as a gateway to facilitate cross-border capital flows between the Mainland and global financial markets. In a rapidly changing global financial landscape, the ability to adapt and innovate is key. Bond Connect exemplifies the power of collaboration and innovation in addressing the changing needs of investors, as it continues to evolve over the years.

    Policy work:

    In the past year, we have been working closely with relevant Mainland authorities, especially with the People’s Bank of China, to step up efforts to enhance the Bond Connect and its ecosystem. I wish to take the opportunity to make the following three announcements:

    • First, under the Northbound channel, investors can already use Bond Connect bonds as collateral for the Hong Kong Monetary Authority (HKMA)’s RMB Liquidity Facility, margin collateral for OTC Clearing Hong Kong Limited (OTCC) derivative transactions, and for conducting offshore RMB bond repurchase (repo) transactions. We are expanding the offshore RMB repo business to also support re-hypothecation and cross-currency repo, and the CMU OmniClear will enhance the operational arrangements accordingly. These enhancements will be implemented in late August 2025. 
    • Secondly, the Southbound Bond Connect investor scope is expanded to include securities firms, fund companies, insurance companies and wealth management companies, formally effective from today. This will open up more channels to meet the growing demand from Mainland investors, addressing their needs for diversified asset allocation. It will also bolster the development of Hong Kong’s bond market by widening the investor base and enhancing market liquidity, hence increasing Hong Kong’s attractiveness to bond issuers and global investors.
    • Thirdly, further to the announcement in May 2025, 30-year interest rate swaps (IRS) contracts have already gone live early last week (on 30 June) under the Swap Connect, and IRS contracts using the Loan Prime Rate (LPR) as reference rate will be launched in the coming months.    

    Besides, we have been working on strengthening Hong Kong’s financial infrastructure to support greater efficiency in the Hong Kong and Mainland Chinese bond markets. For example, the recent signing of a MoU between CMU OmniClear and LCH could facilitate the wider use of CNH bonds as collateral in the international market. This highlights the unparalleled role of Hong Kong’s infrastructure in supporting investment in CNH-denominated debt securities by investors from all over the world. 

    Looking ahead:

    As investors navigate geopolitical changes and search for greater diversification, the Bond Connect will continue to serve as a key platform connecting China’s bond market with the world. The HKMA will work closely with stakeholders to ensure that the platform will meet these changing needs — by enhancing market liquidity (such as cross-border repo in the pipeline), strengthening risk management (with offshore CMOF bond futures under preparation), and further broadening the investment channels. The continuous development of Bond Connect will not only deepen market integration but also reinforce Hong Kong’s unique role as a gateway between China and the international financial market. Thank you!

    MIL OSI Global Banks –

  • MIL-OSI Banking: Vasileios Madouros: Opening statement – Oireachtas Select Committee on Budgetary Oversight

    Source: Bank for International Settlements

    Good afternoon Chair and Members of the Committee. Thank you for inviting us to appear before the Committee today.

    I am joined by my colleagues Martin O’Brien, Head of our Irish Economic Analysis Division and Thomas Conefrey, Deputy Head in the same Division. We very much welcome the opportunity to engage with you on the outlook for the economy and the public finances.

    In my opening statement, I will cover briefly our latest assessment of the economic outlook, as outlined in our June Quarterly Bulletin, as well as our latest economic advice to the Government, as outlined in the Governor’s pre-Budget letter (PDF 3.04MB), published last week.

    The economic outlook

    Let me start with the global context, because the key factors shaping the domestic outlook stem from developments abroad, but with important implications for Ireland.

    Since the start of the year, we have seen a material shift in trade policy, with rising tariffs between the US and its trading partners, as well as a sharp increase in policy uncertainty.

    In light of these developments, the global growth outlook has weakened. Short-term forecasts for world trade and economic activity have been revised downwards. And uncertainty around these forecasts is particularly elevated, given the range of potential outcomes around trade policy.

    The openness of the Irish economy and the prominent role that FDI and multinational firms play domestically mean that Ireland is particularly exposed to changes in the global economic outlook as well as shifts in trade policy, and broader economic policy, in the US.

    Given uncertainty over the future direction of US trade policy, our June Quarterly Bulletin presented projections for the economy under a baseline and a more adverse scenario.

    These were based on different assumptions around the level and coverage of tariffs, the level and persistence of uncertainty and the future path of financing conditions.

    In the baseline scenario, we expected Modified Domestic Demand to grow by 2.0 per cent in 2025 and by 2.1 per cent per annum on average in 2026 and 2027.

    This is a downward revision to the growth outlook relative to our previous projections – but the central outlook is still consistent with a full-employment economy.

    The adverse scenario assumed persistently higher and broader tariffs, including due to retaliation from the EU. It also assumed that policy uncertainty would remain higher for longer and that financing conditions would be tighter.

    In this scenario, annual average MDD growth would almost halve compared to the baseline, illustrating the sensitivity of economic activity to an escalation of trade tensions.

    The trade-offs facing the public finances

    The economy and public finances are entering this period of heightened uncertainty from a strong position. But there are also underlying vulnerabilities that need to be managed carefully.

    The exceptional growth in corporation tax receipts since 2015 and the strong pace of economic expansion in recent years have resulted in a marked increase in government revenues.

    As a result, even with the substantial rise in government spending and some tax cuts, the headline budget balance has run substantial surpluses in recent years.

    However, external developments mean that this benign combination of factors, namely, a rapidly growing economy and exceptional corporate tax receipts, could be at risk in the coming years.

    In particular, risks to the fiscal position from lower corporate taxes and other MNE-dependent taxes have increased given recent international developments.

    And, excluding estimated “excess” corporation tax (and the impact of the Apple State Aid case), the budget balance has been in a persistent deficit position for 17 consecutive years.

    At the same time, in the current juncture, an important public policy priority is the need for higher investment, both to address infrastructure deficits and to support the transition to net zero.

    Indeed, these infrastructure deficits have become an increasingly significant factor constraining the supply side of the economy.

    Addressing infrastructure deficits will not only help meet important societal and economic needs today, but also enable our economy to remain competitive amid a shifting geopolitical landscape.   

    Finally, looking further into the future, there are known future funding needs that the State needs to prepare for today.

    Given demographic trends, Ireland is expected to see the largest increase in age-related spending, on areas such as pensions, healthcare and long-term care, amongst the EU by 2050.

    And we know already that the Future Ireland Fund, the establishment of which has been a very positive public policy intervention, will not be sufficient, on its own, to finance the higher level of public expenditure that will be required to meet the needs of an older population.

    Overall, the current environment presents important trade-offs for fiscal policy. Between investing in infrastructure, but not adding excessively to demand in a capacity-constrained economy. Between addressing the funding needs of today, but also preparing for the funding needs of the future.

    Managing those trade-offs

    While undoubtedly this presents a difficult balancing act, careful management of the public finances can contribute to achieving these multiple aims. So let me finish off by summarising our economic policy advice outlined in the Governor’s pre-budget letter, in light of those trade-offs.

    I will focus on three areas in particular.

    First, it is important that the Government commits, and adheres to, a credible fiscal anchor that results in sustainable increases in net government expenditure over time. In the current context of the economy operating at capacity, it is important, from a macro-stabilisation perspective, that the overall fiscal policy stance does not add excessively to demand.  

    Second, within that overall fiscal envelope, the public finances need to prioritise investment. Sustainably achieving the necessary rise in public investment requires creating sufficient economic and fiscal space, through offsetting choices in terms of current spending or taxation. Beyond demand management considerations, broadening the tax base is also important for addressing future funding needs and mitigating the reliance of the public finances on corporate tax receipts.

    Third, public investment alone will not be sufficient to address the economy’s infrastructure gaps. Measures that reduce delays, and, therefore, the ultimate costs, in the planning and building of infrastructure are needed to help ensure that the benefits of public investment for long-term growth are realised fully.  Measures that incentivise scale and investment in new machinery, equipment and technologies in the construction sector can also help enhance productivity and enable more sustainable delivery of housing and infrastructure. These structural policies can have an outsized impact on strengthening the supply side of the economy, complementing, and adding to the effectiveness of, additional public investment in infrastructure.

    Thank you for your attention and we look forward to your questions.

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: Survey reveals high parental confidence in children’s vaccines

    Source: United Kingdom – Executive Government & Departments

    News story

    Survey reveals high parental confidence in children’s vaccines

    UKHSA data shows 85% of parents are confident childhood vaccines are safe, effective and trustworthy.

    New data published today by the UK Health Security Agency (UKHSA) shows continued high levels of confidence in the UK’s childhood vaccination programme.

    The Childhood vaccines: parental attitudes survey 2025, which tracks parental attitudes towards childhood immunisations across the UK found that most parents believe that childhood vaccines are safe (85% up from 84% in 2023) that they trust them (84% up from 82% in 2024) and they work (87% compared to 89% in 2024).

    Parents had a strong awareness of the risks posed by vaccine-preventable diseases, with over 90% (compared to 86% last year) agreeing that pneumonia, meningitis, hepatitis, polio and septicaemia were serious.

    The survey also captured parental attitudes towards newer additions to the vaccination schedule. An important new pregnancy vaccine was introduced in September 2025 to help protect babies against Respiratory Syncytial Virus (RSV) and 85% of parents of babies and younger children also rated RSV infection as serious.

    Healthcare professionals, in particular GPs, health visitors and nurses, continue to be the most trusted source of vaccine information. 76% of parents had seen or heard information about children’s vaccines in the past year, predominantly from trusted sources including healthcare professionals and official NHS websites. Only 7% ranked the internet and 3% social media in their top three most trusted sources.

    Most parents (79%) had already decided that their baby would have all the vaccines offered before they spoke to a health professional. However, following a discussion with a health professional more than half of these parents (53%) said they felt even more confident about their decision, and of those who had decided not to vaccinate 15% changed their mind in favour of vaccination. This is positive news, given the declines in uptake over recent years, and highlights the vital role that knowledgeable health care professionals can play in reversing that decline.

    Most parents (80%) reported that they had not seen or heard any concerning information about childhood vaccines, with 12% reporting mixed information and just 3% reporting hearing or seeing information that undermines vaccines. 86% of all parents felt they had received enough information to make an informed decision about vaccines offered to their children.

    Dr Julie Yates, UK Health Security Agency’s Deputy Director for Immunisation Programmes:

    The findings from our latest survey are encouraging and show that most parents across the UK continue to trust the NHS childhood vaccination programme and understand its importance in protecting our children. It’s particularly reassuring that parents identify healthcare professionals and NHS resources as their most trusted sources of vaccine information. Having questions about vaccines is a normal part of the parental journey. Our survey highlights the crucial role that healthcare professionals play in providing parents with accurate information about vaccines and the serious diseases they protect against, and in building confidence in these programmes. We urge parents with any concerns to speak with a trusted NHS professional such as their GP, Health Visitor, Midwife or Practice Nurse.

    However, childhood vaccination rates are still not where we want them to be, and we cannot be complacent. We know that many parents and carers have busy lifestyles, and that finding time to ensure your child attends their appointment can be a challenge. That is why we are working with the NHS and partners to improve access to childhood vaccination services. Getting our rates up to the 95% WHO target required to eliminate these diseases will take sustained effort and a long-term commitment across the public health system, and we are working together and with families and communities to do this.

    Dr Amanda Doyle, National Director for Primary Care and Community Services at NHS England, said:

    Today’s findings reflect the essential work being done by GPs, health visitors and nurses to reliably inform parents about childhood vaccinations, with more than half of parents saying they felt more confident in getting their children vaccinated after speaking to a healthcare professional, with vaccination one of the best ways to boost public health and prevent illnesses.

    Our childhood immunisation programmes are available for free on the NHS as we want to make sure as many children as possible are protected against becoming seriously unwell, and NHS England continues to work closely with vaccination teams, schools and GP services to make it as easy as possible for young people to get their jabs.

    Our 10 Year Health Plan aims to build an NHS fit for the future which includes improving access to vaccinations to help put people in control of their own health and I would encourage all parents to act on invites or check vaccination records if they think they may have missed their child’s vaccination.

    Updates to this page

    Published 10 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: UN Human Rights Council 59: UK Closing Statement

    Source: United Kingdom – Government Statements

    World news story

    UN Human Rights Council 59: UK Closing Statement

    UK Closing Statement for the 59th session of the HRC. Delivered at HRC59 in Geneva.

    Thank you, Mr President.

    We would like to make closing remarks on three resolutions.

    In respect of L.20, the UK’s commitment to the safety of journalists and media freedom is unwavering. In accordance with international law, surveillance or interference with encryption technologies must be necessary, proportionate and subject to proper safeguards. Without such safeguards, journalists’ lawful activities should not be investigated or interfered with – either domestically or extraterritorially. In the UK, our investigatory powers legislation protects journalistic freedom by including specific safeguards for confidential journalistic material.

    In respect of resolution L.17 on climate change, the UK is concerned that the significance of the Paris Agreement is inadequately reflected. We emphasise that the Paris Agreement is a freestanding treaty and not an annex to the Framework Convention. The UK is fully committed to the Paris Agreement, which urges all parties to tackle climate change in light of different national circumstances.  

    Human rights must be respected and protected when taking action to address climate change. However, climate finance, debt relief, climate justice and technology transfer are not prerequisites to the realisation of international human rights obligations.  International human rights law does not recognise the concept of common but differentiated responsibilities and respective capabilities, which is specific only to certain international environmental treaties.

    Finally, with respect to L.8, the UK has long been a supporter of better and more affordable access to medicines in low- and middle-income countries. However, to maximise the prospects of successfully and sustainably achieving this, technology transfer needs to be on voluntary and mutually agreed terms. The UK has consistently raised its concerns about the phrase “unhindered access” in this and other fora. 

    The UK thanks the core groups for their constructive engagement on these resolutions.

    Thank you.

    Updates to this page

    Published 10 July 2025

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  • MIL-OSI Asia-Pac: HK outstanding in maritime audit

    Source: Hong Kong Information Services

    Hong Kong, China has achieved outstanding results in the International Maritime Organization (IMO) Member State Audit Scheme, the Transport & Logistics Bureau announced today.

     

    The audit was conducted to examine the relevant obligations Hong Kong fulfilled in relation to the mandatory IMO instruments.

     

    The audit was carried out from November 4 to 13, 2023, and the results, which were recently published, showed the outstanding performance by Hong Kong in multiple audit areas, especially its shipping registry.

     

    The bureau said that the audit result testifies to Hong Kong’s commitment to go above and beyond in fulfilling international obligations.

     

    It added that Hong Kong, as an IMO associate member, will continue to maintain its outstanding performance and consolidate its position as a leading international maritime centre.

     

    The bureau also noted that the Hong Kong Shipping Registry ranks fourth in the world in terms of gross tonnage, and the fleet of Hong Kong-registered ships is renowned globally for its good quality.

     

    It highlighted that the consistently low detention rate of Hong Kong-registered ships under worldwide Port State Control inspections at 0.69% is significantly lower than the global average of 3.30%, reflecting Hong Kong’s constant effort in maintaining and enhancing the safety, reliability and credibility of its fleet.

     

    The audit scrutinised Hong Kong in fulfilling its flag, coastal and port obligations.

     

    The audit team appreciated that Hong Kong had well-documented procedures on fulfilling its obligations related to the mandatory IMO instruments, and implemented the relevant requirements through local legislation and guidance dissemination in a timely manner.

     

    The Marine Department (MD) also carried out periodic management reviews as well as internal and external audits for effective implementation of those instruments.

     

    The audit further revealed several areas of positive development and good practices of Hong Kong, which demonstrated a drive to promote safety awareness and a pollution prevention culture among stakeholders in the maritime sector.

     

    One of the good practices is to ensure the compliance of ships flying the Hong Kong flag with the mandatory IMO instruments by requiring their regular and appropriate completion of pre-arrival checklists.

     

    The MD also disseminated useful information through such means as holding regular meetings and seminars with stakeholders, and issuing circulars and Merchant Shipping Information Notes to notify stakeholders of the latest mandatory IMO requirements in a timely manner.

     

    Meanwhile, the audit identified two findings and one observation on areas where Hong Kong could improve, including the need to more comprehensively monitor the communication of mandatory information to the IMO and track the attendance of government surveyors at trainings.

     

    Soon after the audit, the Hong Kong Special Administrative Region Government proposed and took actions, which were accepted by the IMO, to address the findings and observation.

    MIL OSI Asia Pacific News –

  • MIL-OSI Security: NATO Secretary General commends Germany’s role in the Alliance

    Source: NATO

    NATO Secretary General Mark Rutte met Chancellor Friedrich Merz in Berlin on Wednesday (9 July 2025), thanking him for Germany’s leading role in the Alliance, and its support to Ukraine.

    Mr Rutte commended Germany’s resolve, commitment and contributions to our shared security, and its landmark decision to invest significantly more in defence. Highlighting the importance of Germany’s defence industrial base, he said, “your world-class industries and entrepreneurs are capable to ramp up production, innovate and deliver”.

    At a ceremony marking the 70th anniversary of Germany’s accession to NATO, the Secretary General thanked Germany for its contributions to the Alliance.  Speaking in German, and echoing the words of Germany’s first Chancellor, Konrad Adenauer, Mr Rutte recognised that Germany continues to be an “able and reliable” Ally, ready to take on more responsibility.  “When the world becomes more dangerous, and our security is at stake – Germany steps up,” Mr Rutte said.

    While in Berlin, Mr Rutte also met President of the Bundestag Julia Klöckner, Minister for Foreign Affairs Johann Wadephul, parliamentarians from the Defence Committee, and Minister of Defence Boris Pistorius, who hosted the 70th anniversary event at the Ministry of Defence. 

    MIL Security OSI –

  • Shravani Mela begins in Deoghar, lakhs of Kanwariyas embark on 108 km pilgrimage

    Source: Government of India

    Source: Government of India (4)

    Shravani Mela commenced on Thursday at Baba Baidyanath Dham in Deoghar, Jharkhand, with lakhs of Kanwariyas thronging the sacred town to begin their month-long pilgrimage during the holy month of Sawan.

    The fair was formally inaugurated at Dumma, on the Jharkhand–Bihar border, in a traditional ceremony marked by Vedic chants. Jharkhand ministers Sudivya Kumar Sonu, Deepika Pandey Singh, and Sanjay Prasad Yadav jointly inaugurated the event.

    Baba Baidyanath Dham, home to Kamna Mahadev, one of the twelve Jyotirlingas of Lord Shiva, is considered one of the holiest Shaivite shrines in India. As per tradition, Kanwariyas fetch holy water from the Uttarvahini Ganga in Sultanganj, Bihar, and undertake a 108-kilometre barefoot pilgrimage to offer it at the Deoghar shrine.

    This annual Kanwar yatra, one of the largest in Asia, covers 108-km route from Sultanganj to Deoghar.

    This year’s pilgrimage began on Guru Purnima, adding to its spiritual significance. The roads were filled with thousands of Kanwariyas chanting “Bol Bam”, creating an electrifying and devotional atmosphere.

    The Jharkhand government has estimated that 50 to 60 lakh devotees from across India and abroad are likely to attend the fair this year.

    To manage the enormous footfall, the state government has made elaborate arrangements for accommodation, security, sanitation, and information dissemination. Tent cities equipped with essential amenities have been established at Kothiya and Baghmara along the Deoghar-Sultanganj route to provide rest stops for pilgrims.

    Facilities such as bathing rooms, toilets, medical camps, and information centres have been set up at key locations throughout the mela zone.

    For the first time, the fair has adopted a digital format, enabling devotees to access real-time updates through QR codes on their mobile phones. A dedicated chatbot service is also available to assist pilgrims with queries.

    Deoghar Deputy Commissioner Naman Priyesh said that in view of the heavy influx of devotees, all VIP, VVIP, and out-of-turn darshan privileges have been suspended for the entire month of Sawan to ensure smooth crowd flow and fairness.

    Additionally, touch worship of the Jyotirlinga has been restricted. Devotees are required to offer holy water through the Argha, a ritual vessel placed inside the temple for this purpose.

    To further assist pilgrims, shuttle services have been launched for those arriving by bus. Holding points, clean drinking water, accommodation facilities, sanitation services, and healthcare camps are being closely monitored by authorities.

    Officials, magistrates, and police personnel have been deployed across the area and instructed to carry out their responsibilities diligently, ensuring a safe and peaceful experience for all devotees.

    (With inputs from IANS)

  • MIL-OSI United Kingdom: IBCA Community Update, 09 July 2025

    Source: United Kingdom – Executive Government & Departments

    Correspondence

    IBCA Community Update, 09 July 2025

    Infected Blood Compensation Authority’s update that was circulated on 09 July 2025

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    IBCA Community Update, 09 July 2025

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    Infected Blood Compensation Authority’s update that was circulated on 09 July 2025

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    Published 10 July 2025

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  • MIL-OSI United Kingdom: Toxic lead ammunition banned to protect Britain’s countryside

    Source: United Kingdom – Executive Government & Departments

    Press release

    Toxic lead ammunition banned to protect Britain’s countryside

    New ban on use of lead in ammunition to protect iconic wildlife and clean up the nation’s waterways

    Red kite perched in a tree

    Red kites and white-tailed eagles will receive greater protection thanks to new restrictions on the use of lead in ammunition, Environment Minister Emma Hardy announced today (Thursday 10 July 2025).

    To protect iconic British wildlife and clean up the nation’s waterways, new measures will ban shot containing more than 1% lead and bullets with a lead content of more than 3%. Beyond limited exemptions, these types of ammunition will no longer be sold to the public.

    The ban will prevent the release of an estimated 7,000 tonnes of the toxic metal into fields, forests and wetlands each year. Up to 100,000 wildfowl, including ducks, swans and waders, die from lead poisoning annually, with birds often confusing the scattered shot for grit and consuming it.

    Evidence from the Health and Safety Executive shows lead poses a risk to at least 1 million birds over the coming decades if usage continues at its current rate, while around 40,000 birds of prey such as red kites and white-tailed eagles are at risk from ingesting lead through carrion.

    Introducing restrictions will also stop lead from contaminating soil and leaching into rivers when guns are discharged and spread the harmful metal, ensuring ecosystems thrive for both wildlife and people alike.

    Environment Minister Emma Hardy said:

    Britain is a proud nation of nature lovers, but our rivers are heavily polluted, and majestic birds are declining at an alarming rate.

    This new ban on lead in ammunition for most uses will help reverse this – rejuvenating pride in our countryside by protecting precious birdlife and cleaning up rivers.

    Non-lead alternatives are readily available, and we’ll continue to work closely with the shooting sector throughout this transition.

    Following extensive public engagement, a three-year transition period will support the shooting and hunting sectors to shift to more environmentally friendly alternatives. There will also be a two-year period for outdoor shooting ranges where lead is used to implement measures that prevent pollution from entering the environment.

    Alternatives to lead shot have become more efficient and widely available in recent years, with steel and tungsten-based shot being two popular options. The government will continue to engage with the shooting industry to support the transition to alternative ammunition types.

    In December 2024, the Health and Safety Executive published their Final Opinion proposing restrictions on the supply and outdoor uses of lead in ammunition – and the government has now taken action to reduce toxic substances from entering the environment.

    As part of the restrictions, there will be exemptions in place for the military, police, elite athletes, outdoor target shooting ranges with risk management measures in place, museum collections and other minor uses. Small calibre bullets for live quarry shooting – the outdoor shooting of live animals – and airguns are not in scope of the restriction.

    Updates to this page

    Published 10 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Nista report and safety flyer published

    Source: United Kingdom – Executive Government & Departments

    News story

    Nista report and safety flyer published

    Man overboard from the lone-operated creel fishing vessel Nista (LK121) north of Belnahua, north-west Scotland, with loss of 1 life.

    Today, we have published our accident investigation report into the fatal man overboard from the lone-operated creel fishing vessel Nista (LK121) north of Belnahua, north-west Scotland on 13 December 2023.

    The report, available via this link, contains details of what happened and subsequent actions taken.

    A safety flyer to the fishing industry has also been produced with this report.

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  • MIL-OSI United Kingdom: UK and France partner on navigation systems to protect critical infrastructure from hostile threats

    Source: United Kingdom – Government Statements

    Press release

    UK and France partner on navigation systems to protect critical infrastructure from hostile threats

    UK and French researchers join up to shield critical infrastructure, including power supplies and emergency services, with more resilient navigation and timing systems. 

    • UK and French researchers join up to shield critical infrastructure, including power supplies and emergency services, with more resilient navigation and timing systems. 
    • Positioning, Navigation, and Timing systems are critical to everything from banking to transport – and the Ukraine war has shown how these systems can be targeted by malign actors. 
    • Partnerships on AI supercomputing infrastructure, and AI research, to be agreed when French President and UK Science and Tech Secretary meet in London. 

    UK and French experts will work more closely to increase the resilience of both countries’ critical infrastructure to the signal-jamming seen in the war in Ukraine, as part of a suite of joint science and tech work being announced today (Thursday 10 July).  

    From our electricity infrastructure, to transport, to financial transactions, the tech we rely on for everyday life depends on reliable Positioning, Navigation and Timing (PNT), often provided via satellites. The conflict in Ukraine has shown how new technologies – in some cases, just small hand-held devices – can be used to disrupt PNT services, potentially causing major disruption to the vast areas of life and the economy reliant on them. 

    As part of a raft of UK-France joint science and tech efforts being announced today, researchers from both countries will work together on technologies complementary to the likes of GPS, which are highly resistant to this sort of jamming.  

    An example is e-LORAN, a program driven by the UK government, working closely with the National Physical Laboratory and private sector companies. The system uses ground-based radio towers, which are much more challenging to block, for a reliable “backup” to GPS, so that UK infrastructure can keep running even when GPS fails.  

    The UK’s Science and Tech Secretary used a joint visit to Imperial College London, with President Macron, to set out how this sort of collaboration makes both the UK and France stronger and safer. Whilst speaking at Imperial, Peter Kyle also pointed out the tens of millions of pounds in investment being brought into the British tech sector through UK-French trade, as well as the new jobs and growth that this partnership creates.

    These are efforts that will bolster our economic and national security, which are foundational pillars of the Plan for Change. 

    UK Science and Technology Secretary, Peter Kyle said: 

    France and the UK both have huge ambitions for technology to boost economic growth and strengthen national security. It is vital we work with natural partners like our French neighbours in these endeavours, particularly as the threats from hostile state actors only grows.

    Today we build on the Entente Cordiale with an Entente Technologique, celebrating and renewing our longstanding and historic partnership so that together we can face down the challenges of tomorrow.

    Additionally, the UK and France are launching a partnership on supercomputing. The partnership will be led by the Bristol Centre for Supercomputing, the home of Isambard-AI, and the French computing centre GENCI, who lead France’s AI Factory.  

    Closer ties between both nations’ world-leading compute power, and sharing AI best practice, will turbocharge the breakthroughs in AI, transforming public services and improving lives. These efforts build on the AI Opportunities Action Plan, the UK government’s blueprint to fuel the use of AI across the economy. 

    This builds on the strong existing UK-France cooperation on AI. The UK’s AI Security Institute and France’s INESIA have committed to further technical workshops to deepen their collaboration on frontier AI research, in order to support our national security. 

    Some of the UK and France’s leading research institutions are also committing to closer work. Collaboration agreements were signed today when President Macron and Science and Tech Secretary Peter Kyle visited Imperial College London, where they witnessed first-hand some of the cutting-edge uses of AI being pioneered in the UK, from health to clean energy.

    The spotlight will shine on the vast opportunities for UK-France science and tech collaboration again on Friday, when the UK’s AI Minister Feryal Clark and her French counterpart Minister Clara Chappaz will tour Diamond Light Source in Oxford.

    Diamond is one of the most advanced scientific facilities in the world. Researchers here are harnessing light 10 billion times brighter than the sun to study new scientific samples, like previously unknown virus structures, to pioneer new medicines and treatments for diseases. 

    Notes to editors

    The 3 UK-France science and technology agreements being signed are between: 

    • Imperial and CNRS Ayrton Blériot Engineering Lab (ABEL)
    • University College London (UCL) and National Institute for Research in Digital Science and Technology (Inria)
    • Oxford-Cambridge and HEC, Institut Polytechnique de Paris, Université Paris-Saclay

    UK-French export and investment announcements

    British tech unicorns are winning tens of millions of pounds in significant contracts with French corporates, driving jobs and growth at home. This includes Synthesia’s new partnership with Decathlon to create a pioneering AI avatar lab which the global sports retailer will use to communicate with customers and employees, building on Synthesia’s existing work with over half of France’s CAC40 (equivalent to FTSE 100). Other deals include ElevenLabs’ collaboration with M6 and TV5 Monde and Darktrace’s contract with GL Events, a French major events operator.

    BT’s operations in France totalled approximately £130 million last financial year, connecting more than 80 French-headquartered companies, from Alstom to Michelin. BT has supported French telecoms, communications, cyber security and banking operations for 55 years. BT has invested more than £24 billion domestically so far this decade, with plans to invest a further £20 billion by 2030. BT’s investment into digital infrastructure projects also boosts the UK’s attractiveness for French investment and act as an enabler of British exports to France.  

    Thales, in conjunction with partners, is planning £40 million of AI-focussed R&D investment as part of its CortAIx UK AI Accelerator – which will employ 200 people and serve as a focal point for Thales’ AI innovation in the UK. This initiative will further enhance AI cooperation between France and the UK, ss well as help both countries to stay ahead of evolving threats, unleashing the potential of AI to increase mission success for both countries.

    Comand AI are investing £35 million over the next 5 years to set up an office in the UK, in their first step to becoming a pan-European defence company. This investment will create around 40 highly skilled jobs in tech, bringing the best of software engineering to defence. These jobs would represent half of their global engineering team. They aim to build the future of defence technology between the UK and France, from capability assessment to mission planning and execution for our Allied nations.

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  • MIL-OSI United Kingdom: New backing for small businesses to protect their intellectual property from security threats

    Source: United Kingdom – Government Statements

    Press release

    New backing for small businesses to protect their intellectual property from security threats

    Up to 500 small or medium-sized companies could benefit from new reviews involving approved experts giving tailored advice to teams on risks they face.

    • Up to 500 small and medium sized UK firms backed by government funding to strengthen their security.
    • Security review scheme includes expert advice to protect ideas and innovations from powerful competitors including state actors.
    • Open to range of sectors from AI to life sciences to help businesses grow securely while boosting our economy and supporting our Plan for Change.

    Hundreds of UK tech start-ups and other innovative businesses can now apply for government support to protect their intellectual property from powerful competitors, including threats from other states and hostile actors, Technology Secretary Peter Kyle has announced today (Thursday 10 July).

    Up to 500 small or medium-sized companies will potentially benefit from new Secure Innovation Security Reviews, which involve approved experts giving tailored advice to teams on risks they face, so they can build thriving businesses which create jobs and support the economy.

    This could include advice on strengthening checks on prospective employees to reduce insider threats and ensure their suitability for handling sensitive information, and key cyber security measures to guard against common cyber-attacks.

    A range of technology sectors operating throughout the UK will be able to apply, from artificial intelligence to life sciences, advanced materials like semiconductors to renewable energy systems and beyond – backing businesses at the forefront of boosting economic growth as part of our Plan for Change.

    Support can help combat the efforts of certain states to steal technological, economic, or military insight, to enhance their own capabilities rather than engaging in fair international competition.

    While threats of hostile actors recruiting an insider to exploit their physical access are not new, such threats are becoming more advanced, underlining the importance of integrating personnel, physical, and cyber security to protect start-ups.

    Technology Secretary Peter Kyle said:

    The UK economy is built on the courage, ambition and hard work of small businesses which ultimately benefits us all, creating new technologies and jobs that grow our economy under our Plan for Change.

    By supporting firms to protect their innovations, this government-backed scheme will help those who put the hours in to reap the rewards while keeping key companies and sectors safe from malicious larger competitors, including state actors.

    Security Minister Dan Jarvis said:

    Small businesses are the lifeblood of our economy and they need security to thrive. 

    With 98% of businesses reporting a lack of knowledge to identify security threats, it is crucial they are equipped with the tools necessary to protect themselves against increasingly volatile threats.

    This initiative, spearheaded by the National Protective Security Authority and the National Cyber Security Centre, supports businesses to build the skills and the confidence they need to grow.

    To take part in the scheme, companies will need to apply through Innovate UK and contribute £500, with £2,500 covered by the government.

    National Protective Security Authority (NPSA) figures show 39% of companies have only one protective security or cyber measure in place and 55% do not conduct pre-employment screening of new personnel. By helping businesses to integrate protective security into their wider business strategy, the work can also help to boost customer and investor confidence.

    The reviews involve a professional conducting a site visit of the company to carry out a security health check, against a framework developed by the UK’s national technical authorities, NPSA – part of MI5 – and the National Cyber Security Centre (NCSC) – part of Government Communications Headquarters (GCHQ).

    They will then provide the company with a bespoke report with recommendations for improvement. The professional will conduct a follow up with the company after 6 months to gauge improvements made since the site visit.

    It builds on a pilot scheme in 2023, where 98% fed back that they now have sufficient knowledge to identify the security threats to their business, with the same figure committing to further action strengthen their security.

    NCSC CEO Richard Horne said:

    Small and medium-sized businesses power the UK’s innovation engine – but where ideas thrive, threats are never far behind.

    States, state-backed competitors, and cyber criminals target cutting-edge ideas and valuable data, exploiting gaps in cyber and protective security defences to launch attacks that can cripple organisations and steal their most sensitive innovations.

    That’s why building resilience is no longer optional – it’s essential for business growth and survival. I encourage SMEs across the UK to take advantage of the NCSC and NPSA-backed Secure Innovation Security Reviews scheme.

    Executive Director of Strategy and Performance at Innovate UK Robert Shaw said:

    Innovate UK is proud to be a partner in delivering Security Reviews for spinouts and start-ups in such critical sectors.

    If these innovators can protect valuable intellectual property and their competitive edge and demonstrate their commitment to security to investors and customers, they will be better placed to realise their growth potential in the UK, and globally.

    Notes to editors

    The funding call is now live

    Eligible organisations must be small or medium sized enterprises which employ under 250 people.

    Organisations must be working in one of the 17 sensitive areas of the economy set out in the National Security and Investment Act (2021), or one of the selected sectors in Invest 2035: the UK’s modern industrial strategy.

    The scheme is delivered through and in partnership with Innovate UK, the UK’s innovation agency

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  • MIL-OSI Russia: Mongolia Celebrates National Flag Day

    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

    ULAN BATOR, July 10 (Xinhua) — Mongolia celebrates National Flag Day today.

    As part of the celebration, which took place on the eve of the Mongolian national festival “Naadam”, a military parade was held in the central square of Ulaanbaatar with the participation of more than 1.4 thousand servicemen and dozens of units of military equipment.

    The event was attended by the President of Mongolia Ukhnaagiin Khurelsukh, the Speaker of the Parliament Dashzegviin Amarbayasgalan, the newly appointed Prime Minister Gombojavyn Zandanshatar, some members of the government, veterans of the country’s armed forces, representatives of diplomatic missions in Mongolia and other persons.

    National Flag Day has been celebrated in Mongolia annually since 2009. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: China’s Deputy Permanent Representative to the UN Calls on Houthis to Stop Attacks on Ships in the Red Sea

    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 10 (Xinhua) — China’s Deputy Permanent Representative to the United Nations Geng Shuang called on Yemen’s Houthis to stop attacking merchant ships in the Red Sea at a UN Security Council meeting on Wednesday.

    China expresses deep concern over the recent armed attacks on two cargo ships in the Red Sea and once again calls on the Houthis to respect the navigation rights of commercial vessels of all countries in the Red Sea in accordance with international law, refrain from attacking commercial vessels and ensure the safety of the Red Sea waterways, the Chinese diplomat said.

    China is concerned about the latest exchange of attacks between the Houthis and Israel and the deteriorating situation, Geng Shuang said. “We call on all parties to exercise calm and restraint and refrain from actions that lead to escalation of tensions,” he said.

    The Deputy Permanent Representative of China to the UN called on all parties to the conflict in Yemen to show political will, strengthen dialogue, gradually build mutual trust and create conditions for a final political settlement of the Yemeni crisis.

    He also called on the international community to increase humanitarian aid to Yemen and help alleviate the humanitarian crisis on the ground.

    According to Geng Shuang, the settlement of the problems in Yemen and the Red Sea is impossible without easing and de-escalating the overall situation in the region. “The war in Gaza must be stopped as soon as possible. The humanitarian catastrophe in Gaza must be stopped as soon as possible. The principle of “two states for two peoples” must be implemented as soon as possible,” he noted.

    The US-led ceasefire between Israel and Iran must be respected, the Chinese diplomat added, saying the sovereignty of the state must be respected and the purposes and principles of the UN Charter must be upheld. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: Ofsted announces sector engagement programme to ready education providers for November start to inspections

    Source: United Kingdom – Government Statements

    Press release

    Ofsted announces sector engagement programme to ready education providers for November start to inspections

    Ofsted has today announced a full programme of sector engagement to be launched in September when the final set of education inspection reforms are published.

    The programme of webinars and regional events will continue throughout the autumn term, offering providers a range of opportunities to familiarise themselves with the changes, ahead of inspections under the renewed framework beginning in November.

    Ofsted will hold live webinars for different provider types across each education remit, setting out the key changes to inspection. Recordings of each webinar will be available on Ofsted’s YouTube channel afterwards.

    • For the early years sector, there will be separate webinars for childminders; group-based provision; and out-of-school-clubs.

    • For schools, individual webinars will be hosted for maintained nurseries; primaries; secondaries; non-association independent schools; University Technical Colleges (UTCs); special schools; and alternative provision.

    • For further education and skills, there will be webinars for specific provision types, including 16 to 19 programmes; apprenticeship providers; adult learning providers; and high needs provision.

    • For initial teacher education (ITE), there will be a webinar for providers of any/all phases of ITE, and another for providers of ITE programmes for the further education and skills sector.

    Full details of the webinar programme and how to sign up are available at: Education inspection framework: engagement programme.

    The engagement programme will be bolstered by face-to-face and online regional events, hosted by local providers, local authorities and partners. These events will help providers build on their understanding of the renewed framework, supported by published materials. Ofsted will share further details about events in the coming weeks.

    Nominees

    For many years, Ofsted has successfully used a system of nominees to support inspections of further education and skills providers. Nominees help the inspection process run smoothly and collaboratively, through planning, communication and engagement with the inspection team. They provide contextual information about their setting and strengthen the professional dialogue between inspectors and leaders.

    From November, nominees will be introduced to inspections across other education remits, where relevant. In advance of the renewed framework, Ofsted will offer a short online training package tailored for nominees in specific remits. These sessions will provide an overview of the framework and more information on how nominees can work together with inspectors during a future inspection.

    More details about the nominee training package will be released following the consultation response in September.

    All education inspectors will complete comprehensive training to support the transition to the renewed framework. Full inspector training materials will be published online, via the Ofsted Academy, once inspectors have completed face-to-face training. In addition to this training package, Ofsted will undertake pilot visits to volunteer settings, giving inspectors vital experience of full, end-to-end inspections before November.

    His Majesty’s Chief Inspector, Sir Martyn Oliver, said:

    I want to reassure education providers that, through our national engagement programme and published materials, they will be able to familiarise themselves with the changes during the first part of the autumn term – while routine school and further education and skills inspections are on hold.

    Our Inspectors will all receive extensive training between now and November, and many will have had the experience of a full pilot inspection. I know there are some concerns about the timeline for these changes, that’s why we are planning such a comprehensive programme. I have every confidence that our approach will support a successful roll-out of new-look inspections in November.

    Notes to editors

    1. It will not be mandatory for every school or early years provider to appoint a nominee. 

    2. The nominee for early years should be the individual who knows the setting and children the best. This is a different role from the nominated individual and will be covered in the early years webinars.

    Press office

    8.30am to 6pm Monday to Friday 0300 013 0415

    Updates to this page

    Published 10 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Don’t let the heatwave affect your medicines: Three important tips from the MHRA

    Source: United Kingdom – Government Statements

    Press release

    Don’t let the heatwave affect your medicines: Three important tips from the MHRA

    Essential advice on protecting your medicines during extreme heat and staying safe this summer.

    Woman cooling down with water and a fan

    With the UK bracing for another heatwave this week, the Medicines and Healthcare products Regulatory Agency (MHRA) is reminding people that high temperatures can affect medicines and how well they work. Hot weather changes how your body responds to medications, which could impact people managing long-term conditions – but a few simple steps can help avoid problems.

    Alison Cave, Chief Safety Officer at the MHRA, said:

    “Let’s face it – when there’s a heatwave, most of us are focused on getting outside and enjoying it while it lasts. But it’s easy to forget that medicines left in the heat – in cars, bags, or on sunny windowsills – might not work properly when you need them.

    “Some medicines can also make you more likely to burn in the sun, feel dizzy, or get dehydrated, especially if you’re taking diuetics or have a condition like asthma, heart disease, or diabetes.

    “To stay safe in the heat:

    • Store medicines somewhere cool, dry and out of direct sunlight – especially if you’re out and about
    • Know the signs of heat-related illness – stay hydrated and listen to your body
    • Take extra care in the sun if your medicine makes your skin more likely to burn

    “And remember, for all medicines it’s important to read the leaflet and speak to a healthcare professional if you have any questions.” 

    1. Keep medicines out of hot cars and direct sunlight

    Most medicines need to be stored at temperatures below 25°C. But cars, trains and buses can heat up quickly during the summer, and rooms with direct sunlight can get much hotter than you’d think. Even bags and pockets can get warm enough to cause problems, especially if you’re out all day or at a festival, sports event, or the beach.

    Heat can break down the active ingredients in medicines, meaning they might not work when you need them. That includes tablets, inhalers, hormone patches, insulin, and EpiPens. Some packaging will give clear storage instructions, but not all medicines come with a visible warning.

    Medicines that need to be kept in the fridge – such as insulin or certain liquid antibiotics – are especially vulnerable to heat. If they’re left out too long or stored incorrectly, they may not work properly when you take them.

    If your medicine has changed colour, developed an unusual smell, changed texture, or looks different in any way, this could signal heat damage. Ask your pharmacist for advice.

    If you’re at home, check the patient information leaflet for storage instructions and keep medicines in the coolest part of the house, away from direct sunlight. If you’re travelling, avoid leaving them in parked vehicles or warm bags. A cool bag can help if you’re going to be out all day.

    Heat damage can also affect how much medicine your body absorbs, potentially making your usual dose too strong or too weak. If you notice any changes in how you feel or how well your medicines seem to be working during hot weather, speak to your pharmacist or doctor.

    Don’t forget medical devices:

    It’s not just medicines – some medical devices can also be affected by heat or humidity. For example, blood glucose monitors may give people managing diabetes less reliable readings if used or stored in hot conditions.

    Keep devices and any test strips somewhere cool and dry, and check the instructions that came with them for any temperature guidance. If your device isn’t behaving as expected, try running a control check or speak to your pharmacist for advice.

    For more information about medicine safety, visit the MHRA website or report any concerns through the MHRA Yellow Card scheme.

    2. Drink more water and stay cool if you’re taking water tablets or blood pressure medication

    During hot weather, your body loses more water through sweating – but some medicines can make this worse, or make it harder for your body to cope with heat.

    People taking diuretics, or ‘water tablets’, such as furosemide, are already losing more fluid through urination. This can cause dehydration and mineral imbalances. Blood pressure medicines such as ACE inhibitors, beta-blockers, or calcium channel blockers can also make it harder for your body to regulate temperature, especially during sudden hot spells. ACE inhibitors can even suppress your natural thirst response.

    Some diabetes medicines, including insulin and metformin, also increase the risk of dehydration or make early symptoms harder to spot. Antipsychotic medications, such as olanzapine or quetiapine, or stimulant medications for attention disorders can increase your body temperature, making you overheat more easily.

    Dehydration can cause dizziness, headaches, tiredness, confusion, and dark urine. This is particularly dangerous for older adults, young children, and people with heart or kidney conditions. If you start to feel unwell in the heat, move somewhere cooler, sip water slowly, and seek medical advice if you don’t feel better quickly.

    3. Check if your medicine increases your risk of sunburn

    Some common medicines can make your skin much more likely to burn, even in mild sunshine. This includes some antibiotics, diuretics, antidepressants, or skin treatments for acne or eczema. Painkillers such as ibuprofen or naproxen are also known to sometimes cause mild sun sensitivity, but this is less common and usually only a concern with frequent or long-term use.

    One medicine that requires particular care is methotrexate, used to treat conditions like rheumatoid arthritis, psoriasis, Crohn’s disease and cancer. It can cause extreme skin sensitivity to the sun – even at low doses. This can lead to painful rashes, blistering, or swelling that looks like severe sunburn. In rare cases, these reactions have led to serious infections.

    The risk goes up during sunny weather, especially if you’re outside more – whether you’re walking the dog, gardening, or heading off on holiday. Even a short walk at lunchtime or a train ride in the sun can be enough to trigger a reaction for some people.

    If you take any medicines, always read the patient information leaflet or check with your pharmacist to see if sun sensitivity is a side effect.

    Notes to editors 

    1. Report any concerns through the MHRA Yellow Card scheme, which can be accessed at https://yellowcard.mhra.gov.uk/
    2. The Medicines and Healthcare products Regulatory Agency (MHRA) is responsible for regulating all medicines and medical devices in the UK by ensuring they work and are acceptably safe. All our work is underpinned by robust and fact-based judgements to ensure that the benefits justify any risks. 
    3. The MHRA is an executive agency of the Department of Health and Social Care. 
    4. For media enquiries, please contact the newscentre@mhra.gov.uk, or call on 020 3080 7651.

    Updates to this page

    Published 10 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Government to align with European specifications on high risk in vitro diagnostic devices to reduce regulatory burden 

    Source: United Kingdom – Government Statements

    Press release

    Government to align with European specifications on high risk in vitro diagnostic devices to reduce regulatory burden 

    The specifications will establish standards for high-risk diagnostic tests while creating consistency with European regulations

    The Government has announced its intention to amend the Medical Devices Regulations 2002 for Great Britain to incorporate EU Common Specifications for high-risk in vitro diagnostic (IVD) devices and to repeal regulations on Coronavirus Test Device Approvals (CTDA).  

    Respondents overwhelmingly supported a proposal to repeal the current CTDA process for COVID-19 devices and to replace current requirements with Common Specifications. In the interim, an accelerated CTDA process will be introduced for COVID-19 devices that have CE marking under the European IVD regulations (EU IVDR) and meet Common Specification requirements. 

    The Common Specifications will also enhance performance standards for IVD devices related to infectious diseases including Hepatitis B, C and D, HIV and Syphilis, as well as devices for blood grouping and tissue typing. These diagnostic tools are critical for effective patient care and public health management. 

    The move aims to ensure these vital IVD devices, which test samples from the human body to monitor health or manage disease, meet high standards of performance backed by robust clinical evidence. 

    Rob Reid, Deputy Director of Innovative Devices at the MHRA, said:

    By aligning with standards already in place across Europe, we’re not only enhancing patient safety but also making it easier for manufacturers to navigate regulatory requirements across different markets.” 

    These new specifications will be introduced in regulations expected to be published later this year as part of the Government’s broader programme of medical devices regulatory reform, which supports the NHS transformation. 

    The changes reinforce the Government’s commitment to reduce regulatory burden and balance robust patient safety measures with support for innovation in the medical technology sector. 

    ENDS 

    Notes  to editors

    • Common Specifications refers to a set of standardised technical and performance requirements developed at the European level for certain high-risk in vitro diagnostic (IVD) medical devices. 

    • In vitro diagnostic (IVD) devices are medical tests used to examine samples like blood, urine, or tissue taken from the human body to help detect, diagnose, or monitor diseases and health conditions. 

    • The Medicines and Healthcare products Regulatory Agency (MHRA) is responsible for regulating all medicines and medical devices in the UK by ensuring they work and are acceptably safe.  All our work is underpinned by robust and fact-based judgements to ensure that the benefits justify any risks.    

    • The MHRA is an executive agency of the Department of Health and Social Care.    

    • For media enquiries, please contact the newscentre@mhra.gov.uk, or call on 020 3080 7651.

    Updates to this page

    Published 10 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Government action to speed up recognition for LGBT veterans

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Government action to speed up recognition for LGBT veterans

    LGBT military personnel who faced dismissal, discharge or mistreatment due to their sexuality while serving between 1967 and 2000 will receive financial support faster following improvements to the Government’s financial recognition scheme.

    • Increase in dedicated staff will accelerate applications and process payments faster  

    • New automated payment system is being built to eliminate processing delays and administrative bottlenecks  

    • Financial recognition scheme will provide support for LGBT military personnel who faced dismissal, discharge or mistreatment while serving between 1967 – 2000. 

    LGBT military personnel who faced dismissal, discharge or mistreatment due to their sexuality while serving between 1967 and 2000 will receive financial support faster following improvements to the Government’s financial recognition scheme. 

    The UK Government has increased dedicated staff by adding a further five workers, almost doubling the size of the existing team, to accelerate application reviews and process payments more quickly. The expanded team will focus on expediting the creation of applicant case files and processing of applications.  

    To address processing concerns, the Government is also introducing two other key measures as part of its efforts to ensure veterans receive timely recognition for past injustices:  

    • An automated payments system is being built to streamline the process, significantly reducing administrative bottlenecks and minimising errors. This system will ensure payments are made accurately and promptly once approved.  

    • Independent Panel sittings will double to two per week to accelerate the review of cases requiring assessment, particularly for those seeking recognition payments of up to £20,000 for pain and suffering which was directly related to the Ban, such as harassment, invasive investigations and imprisonment.

    The Government remains driven to ensure every recommendation of Lord Etherton’s review is fully implemented. As of July 2025, Defence has completed 42 of the 49 recommendations and two other remaining recommendations will be completed by the end of the year.  

    This action demonstrates the Government’s Plan for Change in practice – delivering on the commitment to strengthen national security by ensuring we maintain the trust and confidence of all those who serve our country.

    Minister for Veterans and People, Al Carns MP, said

    We deeply regret the treatment of LGBT serving personnel between 1967 and 2000 which was wholly unacceptable.  

    We have been prioritising payments to the elderly and those with serious health conditions to ensure they receive support as quickly as possible.

    We’re taking decisive action to ensure LGBT veterans receive the recognition they deserve by increasing staff resources, implementing an automated payment system, and doubling panel reviews.   

    This scheme acknowledges the sacrifices of those who faced discrimination while serving. I urge all affected veterans to apply through the GOV.UK portal as we remain fully committed to implementing Lord Etherton’s recommendations, and righting these historic wrongs, as part of our Government’s commitment to renew the nation’s contract with those who have served.

    The further support for LGBT Veterans comes off the back of the government’s historic commitment to increase defence spending to 2.6% of GDP by 2027, demonstrating the Government’s commitment to renew the nation’s contract with those who have served. 

    The scheme, launched by the Government in December, goes beyond financial recognition – it also acknowledges the sacrifices and injustices faced by LGBT veterans and ensures their experiences are recognised and valued. This can include, but not limited to, having a restoration of rank, letters of apologies, among other forms of recognition.   

    All veterans affected by the ban while serving between 1967 and 2000 are urged to read the guidance and apply via the Veterans of the LGBT Ban: Financial Recognition Scheme page on GOV.UK.

    Updates to this page

    Published 9 July 2025

    MIL OSI United Kingdom –

  • Delhi: Students get another ‘Aarambh’ Library in Malviya Nagar

    Source: Government of India

    Source: Government of India (4)

    Delhi Lieutenant Governor V.K. Saxena, along with Chief Minister Rekha Gupta, on Thursday inaugurated the second ‘Aarambh’ Library, developed by the Delhi Development Authority (DDA), in Malviya Nagar.

    According to the L-G’s office, the library is designed to support students and aspirants in the national capital. It is equipped with modern amenities, including Wi-Fi, air conditioning, power outlets at every seat, personal lockers, a cafeteria, and an inviting outdoor seating area.

    The initiative comes a year after tragic incident in Rajender Nagar, where three UPSC aspirants lost their lives due to flooding in an underground library during heavy rainfall.

    The July 2023 incident prompted authorities to rethink the safety and infrastructure of student study spaces in Delhi. As a result, the government decided to repurpose underutilised DDA community centres into well-equipped libraries. The first ‘Aarambh’ Library was inaugurated in Rajendra Nagar in January 2025.

    Speaking at the inauguration, LG Saxena said, “You must have seen that a very tragic incident occurred in Rajendra Nagar where three children lost their lives. They were studying in a basement. After that, it was decided that we would convert DDA’s underutilised community centres into libraries. The first ‘Aarambh’ library was inaugurated in Rajendra Nagar, and today, many children are studying there and are very satisfied.”

    On the newly inaugurated facility, he added, “We are inaugurating the second Aarambh library, and soon two more libraries will be launched. The aim is to provide a nice atmosphere for the students coming from different parts of the nation to study in the city. Delhi is the Capital of the nation, and hence we do not want the students to get exploited by giving too much fees for libraries.”

    Highlighting student-friendly features, Saxena noted, “Several students have already been enrolled here and many will do the same in the coming days. There is also a canteen here, where students can get tea, snacks and food. I do believe that with this, the students get a fresh atmosphere and better facilities for studies.”

    Saxena further announced plans to open six such libraries across the city, with two already operational and the remaining four in the pipeline.

    Praising the developmental efforts, he commended Chief Minister Rekha Gupta, saying, “A wave of development is sweeping through Delhi under the current BJP government.”

    CM Rekha Gupta, addressing reporters at the event, expressed pride in the project and called it a significant milestone for the Capital.

    “This is a remarkable beginning. I believe a new chapter has been added to Delhi’s history. Every day, new policies, new initiatives, and a better vision are being delivered to the people of Delhi. Our Lieutenant Governor is doing commendable work,” she said.

    She also congratulated all those involved in making the project a success.

    “Through the DDA, Delhi is receiving beautiful gifts regularly. I congratulate everyone on the inauguration of this library,” she added.

    According to the L-G’s office, the Aarambh Libraries are part of a broader vision to provide safe, accessible, and high-quality study spaces for students, fostering an environment that supports educational excellence and career growth.

    (With inputs from IANS)

  • Centre launches two-year celebrations for Dr. Syama Prasad Mookerjee’s 125th birth anniversary

    Source: Government of India

    Source: Government of India (4)

    The Ministry of Culture has announced a two-year official commemoration to mark the 125th birth anniversary of Bharat Kesari Dr. Syama Prasad Mookerjee, honouring the enduring legacy of a leader whose contributions have shaped India’s political, cultural and educational journey.

    Union Minister for Culture and Tourism, Gajendra Singh Shekhawat, who was the Chief Guest at the inaugural event held in the national capital, paid rich tributes to Dr. Mookerjee’s vision for national unity and self-reliance. He said that India today is fulfilling the dreams Dr. Mookerjee once envisioned.

    “He must be blessing us, seeing that India’s aircraft has reached the moon and that a son of India speaks with the Prime Minister from space,” the Minister said. Referring to the transformation in Jammu and Kashmir, he said, “His soul must feel content that Tiranga Yatras are carried out fearlessly at Lal Chowk, and that all laws of India are fully implemented in Kashmir. Today, there is one nation, one flag and one Constitution.”

    Shekhawat further said that under the leadership of Prime Minister Narendra Modi, the government is committed to realising Dr. Mookerjee’s vision of a united and developed India. “After Independence, how India should be built — to give shape to that vision, the present Modi government is moving ahead on the path shown by him,” he added.

    Speaking at the event, Vivek Aggarwal, Secretary, Ministry of Culture, highlighted Dr. Mookerjee’s ideals and their relevance in contemporary India. “He was a great patriot, a visionary educationist and a staunch believer in India’s unity and integrity,” he said. He added that the commemoration will not be confined to Delhi alone but will be observed across all states and union territories over the next two years.

    Union Minister for Science & Technology, Dr. Jitendra Singh, who also addressed the gathering, described Dr. Mookerjee as one of the greatest scholars and statesmen of the pre-Independence era. He recalled Dr. Mookerjee’s courage in resigning from the government on matters of principle, saying, “That kind of integrity and conviction is rare.”

    President of the Ekatma Manav Darshan Anusandhan Evam Vikas Pratishthan, Dr. Mahesh Chandra Sharma, offered a detailed perspective on Dr. Mookerjee’s role during Partition and India’s constitutional history. He said Dr. Mookerjee firmly opposed the idea of Partition and worked to save parts of Bengal and Assam from being handed over to Pakistan.

    Chairman of the Syama Prasad Mookerjee Research Foundation, Dr. Anirban Ganguly, traced Dr. Mookerjee’s journey from his early academic brilliance to his impact on national politics. He recalled how Dr. Mookerjee strongly opposed Article 370 and famously said, “Ek desh mein do Vidhan, do Pradhan, aur do Nishan nahi chalenge.” He noted that Dr. Mookerjee became a Vice Chancellor at the age of 33, entered the Union Cabinet at 45, founded the Bharatiya Jana Sangh at 50, and sacrificed his life at just 52.

    The inaugural programme featured a special exhibition showcasing rare photographs, archival material and multimedia displays highlighting Dr. Mookerjee’s contributions in education, nation-building and industrial development. A commemorative stamp and coin were also released by the Ministry to honour his memory.

    The National School of Drama staged a theatrical production on the life and times of Dr. Mookerjee, while young scholars from the Centre for Cultural Resources and Training presented a soulful instrumental ensemble under the guidance of noted flautist Pt. Chetan Joshi.

  • MIL-OSI Africa: Cabo Verde: International Monetary Fund (IMF) Executive Board Concludes the Sixth Review Under the Extended Credit Facility Arrangement and Approves the Requests for Extension and Augmentation of the Arrangement, and the Extension and Rephasing Under the Resilience and Sustainability Facility Arrangement

    Source: APO


    .

    • The IMF Executive Board completed the sixth review under the Extended Credit Facility (ECF) arrangement and approved a fifteen-month extension and an augmentation equivalent to thirty percent of quota under the ECF arrangement. The Executive Board also approved a fifteen-month extension of the Resilience and Sustainability Facility (RSF) arrangement and the rephasing of availability dates under the RSF arrangement.
    • The ECF arrangement aims to strengthen public finances, ensure debt sustainability, minimize fiscal risks from public enterprises, modernize monetary policy, and raise potential growth. The RSF arrangement aims to support the government’s climate reforms and catalyze private climate finance.
    • All end-December 2024 quantitative performance criteria (PCs), continuous PCs, and structural benchmarks (SBs) under the ECF arrangement were met. The indicative target (IT) on social spending at end-December 2024 was not met, albeit by a small margin. Implementation of reform measures (RMs) under the RSF arrangement has been slower than expected, reflecting the complexity and interconnectedness of the reforms and capacity constraints.

    The Executive Board of the IMF completed the sixth review under the ECF arrangement, which was approved on June 15, 2022, and approved a fifteen-month extension and augmentation under the arrangement. The augmentation of 30 percent of quota (SDR 7.11 million) brings access under the ECF arrangement to SDR 52.14 million. The completion of the sixth ECF review allows the disbursement of SDR 4.51 million (approximately US$6.18 million). The Executive Board also approved the authorities’ request for a fifteen-month extension under the RSF arrangement, rephasing of the availability dates for delayed reform measures (RMs), and the modification of one RM.

    Cabo Verde’s economy continues to perform well, underpinned by tourism, robust export performance, and private consumption growth. Economic growth in 2024 was strong at 7.3 percent, with 5.2 percent growth expected in 2025. Inflation is projected to stay near 2 percent, and the current account is expected to  return to a small deficit in 2025. Continued data-driven adjustments in monetary policy may be needed to protect the exchange rate peg and appropriate reserves buffers. The financial system is liquid, profitable, and well capitalized. The 2024 fiscal balance exceeded program targets, driven by lower primary expenditures and strong tax revenue growth. The public debt-to-GDP ratio continues to decline.

    Performance under the ECF arrangement continues to be strong. All end-December 2024 quantitative performance criteria (PCs), continuous PCs, and structural benchmarks (SB) for end-December 2024 were met. Implementation of RMs under the RSF has been weaker than expected despite efforts and ongoing CD support.

    Cabo Verde’s medium-term economic outlook remains favorable. Growth is expected to gradually converge to 4.8 percent by 2028, with inflation remaining around 2 percent, broadly in line with euro area inflation. The current account is expected to remain in deficit in the medium term as temporary factors dissipate due to increased capital expenditure on climate and infrastructure, while tourism-related growth moderates. The 2025 budget is aligned with the program and a continued decline in the public debt-to-GDP ratio to 104.9 percent by end-2025, below pre-pandemic levels.

    The macroeconomic outlook remains favorable but is subject to downside risks. Risks stem from global uncertainty, uncertainties in global trade frameworks, and external financing challenges, while rising spending on climate and infrastructure, as well as slower tourism growth, could contribute further to imbalances. Delays in SOE reforms may impact fiscal stability. The high level of debt is a source of vulnerability, and concessional financing to limit debt servicing costs remains important. On the upside, continued strength in tourist arrivals could lift growth.

    Following the Executive Board discussion on Cabo Verde, Acting Chair and Deputy Managing Director Bo Li issued the following statement:

    Economic activity in Cabo Verde in 2024 was strong, growth in 2025 is projected to remain above potential, and the near-term outlook is favorable despite downside risks. Inflation has been low and is expected to remain at moderate levels in the medium term. Risks to the outlook include lower external demand in major tourism source countries; uncertainties related to global trade frameworks; and climate-related shocks.

    “Program performance under the ECF was strong. All performance criteria were met. All program-supported structural reforms were also implemented. Progress under the RSF arrangement has been weaker than expected, reflecting the complexity and interconnectedness of the reforms and domestic capacity constraints.

    “The fiscal position in 2024 exceeded program targets, and the debt-to-GDP ratio has continued to decline. The execution of public capital spending improved relative to 2023. Over the medium-term, domestic revenue mobilization and steadfast progress on fiscal structural reforms will continue while protecting social spending and prioritizing high-quality public investments. Steady progress on state-owned enterprise (SOE) reforms remains critical for limiting fiscal risks and improving services.

    “The monetary policy framework is focused on safeguarding the peg. The BCV has continued to normalize monetary policy: interest differentials with the ECB have turned positive which will help protect external buffers. The financial sector remains stable, well-capitalized, profitable and liquid, although non-performing loans require continued monitoring.

    “The authorities should continue implementing their ambitious structural reform agenda. This includes the implementation of the reform measures under the RSF arrangement to help catalyze broader financial and technical support for building climate resilience. To improve reform implementation capacity under the RSF, more resources need to be invested in planning and management. Other important actions include accelerating reforms to improve the business environment.”

    Distributed by APO Group on behalf of International Monetary Fund (IMF).

    MIL OSI Africa –

  • MIL-OSI Africa: Africa: Emerging Hubs for Mineral Processing, Value-Added Production

    Source: APO


    .

    Mineral-rich African countries are accelerating the rollout of refineries and processing facilities to strengthen local beneficiation, reduce raw material exports and retain more mineral value within national economies.

    Amid this wave of value-added industrialization, the upcoming African Mining Week (AMW) – Africa’s premier gathering for mining stakeholders – will highlight the continent’s downstream mining sector and connect African stakeholders with global investors to unlock new opportunities. Under the theme From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth, the event will showcase Africa’s commitment to transforming its mineral sector from extraction to industrialization.

    Democratic Republic of the Congo

    In June 2025, mining firm Buenassa signed an agreement with the Democratic Republic of Congo (DRC) government to develop the country’s first integrated copper and cobalt refinery. Under the agreement, the DRC government will hold a 10% golden-share in the project. Backed by a $3.5 million grant awarded in 2024, the refinery is expected to commence operations in 2027, with a projected annual output of 30,000 tons of copper cathode and 5,000 tons of cobalt sulfate.

    Mali

    In Mali – Africa’s second-largest gold producer – construction began in June 2025 on a new gold refinery in Senou, near Bamako. The project – a collaboration between Mali’s government, Russia’s Yadran Group and a Swiss investor – aims to process up to 200 tons of gold annually. The refinery will enhance regional gold processing, reduce smuggling and increase national revenue from value-added gold exports. The Ministerial Forum to be held at AMW will spotlight national policies and incentives accelerating beneficiation across the continent.

    Angola

    Meanwhile, Angola reached a 70% completion milestone on its first gold refinery in Luanda. The $5 million facility, expected to be operational by the end of 2025, will produce 50 kgs of gold per day. Part of the country’s 2023 – 2027 Sectoral Development Plan, the project reflects Angola’s strategic effort to diversify beyond oil, stimulate job creation and expand value-added exports. AMW’s Invest in Angola session will showcase opportunities within Angola’s growing mining and refining value chain.

    Zambia

    In Zambia, Canada’s Jubilee Metals is expanding its Sable Copper Refinery by adding a second tank-house to boost monthly processing capacity to between 500 and 550 tons. The upgrade supports Zambia’s broader goal of reaching 3.1 million tons in annual copper output by 2031 while shifting toward value-added production. The project is set to be completed by Q1 2026. AMW will feature this and similar initiatives during a dedicated panel titled Elevating Africa’s Mineral Wealth: Case Studies in Local Beneficiation – Value Addition and Industrialization.

    Distributed by APO Group on behalf of Energy Capital & Power.

    About African Mining Week (AMW):
    AMW, as the premier platform where Africa’s mining sector opportunities and value addition efforts are discussed and optimized, will showcase these and many more projects driving the region’s beneficiation agenda.

    MIL OSI Africa –

  • MIL-OSI Banking: ICC and WCO release trade facilitation recommendations for enhanced integrity at borders

    Source: International Chamber of Commerce

    Headline: ICC and WCO release trade facilitation recommendations for enhanced integrity at borders

    US$1.2 to US$1.5 trillion. That’s the staggering annual cost of bribery alone – equal to roughly 2% of annual global GDP. But bribery represents just one facet of corruption’s devastating impact. The true cost runs far deeper, undermining the very foundations of fair trade and economic growth by eroding institutional trust, distorting competition, and creating artificial barriers that stifle opportunity for businesses worldwide. Corruption thrives precisely where trade facilitation is most needed: in complex, opaque environments where procedures span multiple government agencies and discretionary decision-making creates opportunities for abuse. Micro-, small- and medium-sized enterprises (MSMEs) and women-owned businesses are particularly vulnerable in these settings, as they often lack the resources to navigate burdensome procedures or absorb the added costs of informal payments.

    However, trade facilitation – the simplification and harmonisation of international trade procedures – can be a powerful lever for combatting corruption, according to a new joint paper from the World Customs Organization (WCO) and International Chamber of Commerce (ICC).

    How does trade facilitation limit corrupt practices?

    By reducing complexity and increasing transparency, trade facilitation limits opportunities for illicit practices. When properly implemented, these measures create an environment where corruption becomes both harder to carry out and easier to detect.

    Digitalising border processes to reduce human intervention and establishing clear and transparent regulatory frameworks that limit discretionary decision-making are concrete trade facilitation measures that strengthen integrity. Public-private partnerships play an essential role by promoting collective action and reinforcing the implementation of integrity-focused reforms.

    These efforts must be grounded in the World Trade Organiztion (WTO) Trade Facilitation Agreement and the WCO Revised Kyoto Convention, which provide a critical foundation for strengthening integrity, promoting transparency, limiting discretion, and supporting more predictable and rules-based border procedures.

    However, border practices in many countries remain in urgent need of trade facilitation reforms . Take export licensing, for example: in some cases, companies must visit multiple government offices to have paper documents stamped – a time-consuming and costly process. When officials arbitrarily demand additional documentation, it creates fertile ground for corruption, where officials can demand facilitation payments while businesses feel pressured to comply simply to expedite processes.

    While trade facilitation serves as a powerful anti-corruption tool, it is not without risks and limitations. These measures can face challenges including data manipulation in digitalised systems, cybersecurity threats, internal corruption risks, and resistance to technological adoption. To address these vulnerabilities, both Customs authorities and businesses must implement comprehensive approaches that include robust governance structures, regular audits, cybersecurity protections, and training programs. Public-private partnerships through National Trade Facilitation Committees and chambers of commerce are essential for building trust and creating effective enforcement strategies that address both the supply and demand sides of corruption.

    Trade facilitation in action

    Forward-thinking companies are adopting practices aligned with tra principles as anti-corruption tools. Some firms require their business units to take practical steps to reduce the risk of solicitation, including through digitalising sensitive transactions and engaging legal support when attending meetings with parties that present a higher risk of solicitation.

    Other businesses mandate the use of electronic communications or e-government solutions in areas such as licensing, procurement and taxes to reduce face-to-face interactions with public officials and minimise connected risks of bribe solicitation.

    Similarly, some countries that embrace digitalisation have seen remarkable outcomes. For example, in Guatemala a project supported by the Global Alliance for Trade Facilitation digitalised ship arrival and departures procedures through the National Single Window (VUMAR), reducing processing times by 85% and eliminating the need for multiple in-person visits. This reform made all these transactions traceable and verifiable, demonstrating how digital trade facilitation can reduce opportunities for corruption by replacing paper-based processes with more transparent and accountable procedures.

    Actionable recommendations for Customs and business

    Customs 

    • Digitalise  
    • Enhance legal safeguards  
    • Raise awareness 
    • Address small facilitation payments 
    • Publish on a publicly available website  
    • Foster a transparent zero-tolerance culture 
    • Establish robust feedback mechanisms 
    • Increase cross-border collaboration  
    • Monitor and evaluate

    Business 

    • Advocate  
    • Participate in integrity awareness  
    • Apply a risk-based approach  
    • Automate processes  
    • Develop compliance programmes and controls  
    • Prohibit and discourage the use of small facilitation payments 
    • Monitor and evaluate  
    • Foster a transparent zero tolerance for corruption culture 

    MIL OSI Global Banks –