Category: Politics

  • MIL-OSI United Kingdom: PM meeting with President Ruto of Kenya: 1 July 2025

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    Press release

    PM meeting with President Ruto of Kenya: 1 July 2025

    The Prime Minister welcomed the President of Kenya, William Ruto, to Downing Street today. 

    The Prime Minister welcomed the President of Kenya, William Ruto, to Downing Street today. 

    The leaders began by celebrating the new UK-Kenya Strategic Partnership, which will see both countries work together to drive economic growth and strengthen regional security. 

    Turning to migration, the Prime Minister and President welcomed a new UK-Kenya security agreement to disrupt organised immigration crime and human trafficking in Kenya to prevent onward migration to Europe. 

    On trade and investment, the leaders discussed the Nairobi Railway City project, which has been inspired by London’s Kings Cross and will enable opportunities for UK businesses, driving growth and delivering on our Plan for Change. 

    The Prime Minister and President agreed on the need for peace and stability in the region.

    Updates to this page

    Published 1 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Global: When do we first feel pain?

    Source: The Conversation – UK – By Laurenz Casser, Leverhulme Trust Early Career Fellow, University of Sheffield

    Alina Troeva/Shutterstock.com

    At some point between conception and early childhood, pain makes its debut. But when exactly that happens remains one of medicine’s most challenging questions.

    Some have claimed that foetuses as young as twelve weeks can already be seen wincing in agony, while others have flat-out denied that even infants show any true signs of pain until long after birth.

    New research from University College London offers fresh insights into this puzzle. By mapping the development of pain-processing networks in the brain – what researchers call the “pain connectome” – scientists have begun to trace exactly when and how our capacity for pain emerges. What they discovered challenges simple answers about when pain “begins”.


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    The researchers used advanced brain imaging to compare the neural networks of foetuses and infants with those of adults, tracking how different components of pain processing mature over time. Until about 32 weeks after conception, all pain-related brain networks remain significantly underdeveloped compared with adult brains. But then development accelerates dramatically.

    The sensory aspects of pain – the basic detection of harmful stimuli – mature first, becoming functional around 34 to 36 weeks of pregnancy. The emotional components that make pain distressing follow shortly after, developing between 36 and 38 weeks. However, the cognitive centres responsible for consciously interpreting and evaluating pain lag far behind, and remain largely immature by the time of birth, about 40 weeks after conception.

    This staged development suggests that while late-term foetuses and newborns can detect and respond to harmful stimuli, they probably experience pain very differently from older children and adults. Most significantly, newborns probably can’t consciously evaluate their pain – they can’t form the thought: “This hurts and it’s bad!”

    Does it hurt?
    Martin Valigursky/Shutterstock.com

    A history of changing views

    These findings represent the latest chapter in a long-running scientific debate that has swung dramatically over the centuries, often with profound consequences for medical practice.

    For most physiologists in the 18th and 19th centuries, the perceived delicacy of the infant’s body meant that it must be exquisitely sensitive to pain, so much so that some have had their doubts if infants ever felt anything else. Birth, in particular, was imagined to be an extremely painful event for a newborn.

    However, advances in embryology during the 1870s reversed this thinking. As scientists discovered that infant brains and nervous systems were far less developed than adult versions, many began questioning whether babies could truly feel pain at all. If the neural machinery wasn’t fully formed, how could genuine pain experiences exist?

    This scepticism had troubling practical consequences. For nearly a century, many doctors performed surgery on infants without anaesthesia, convinced that their patients were essentially immune to suffering. The practice continued well into the 1980s in some medical centres.

    Towards the end of the 20th century, public outrage about the medical treatment of infants and new scientific results turned the tables yet again. It was found that newborns exhibited many of the signs (neurological, physiological and behavioural) of pain after all, and that, if anything, pain in infants had probably been underestimated.

    The ambiguous brain

    The reason why there has been endless disagreement about infant pain is that we cannot access their experiences directly.

    Sure, we can observe their behaviour and study their brains, but these are not the same thing. Pain is an experience, something that’s felt in the privacy of a person’s own mind, and that’s inaccessible to anyone but the person whose pain it is.

    Of course, pain experiences are typically accompanied by telltale signs: be it the retraction of a body part from a sharp object or the increased activity of certain brain regions. Those we can measure. But the trouble is that no one behaviour or brain event is ever unambiguous.

    The fact that an infant pulls back their hand from a pin prick may mean that it experiences the pricking as painful, but it may also just be an unconscious reflex. Similarly, the fact that the brain is simultaneously showing pain-related activity may be a sign of pain, but it may also be that the processing unfolds entirely unconsciously. We simply don’t know.

    Perhaps the infant knows. But even if they do, they can’t tell us about their experiences yet, and until they can, scientists are left guessing. Fortunately, their guesses are becoming increasingly well informed, but for now, that is all they can be – guesses.

    What would it take to get certainty? Well, it would require an explanation that connects our brains and behaviour to our conscious experiences. But so far, no scientifically respectable explanation of this kind has been forthcoming.

    Laurenz Casser receives funding from the Leverhulme Trust.

    ref. When do we first feel pain? – https://theconversation.com/when-do-we-first-feel-pain-259588

    MIL OSI – Global Reports

  • MIL-OSI Global: From Roman drains to ancient filters, these artefacts show how solutions to water contamination have evolved

    Source: The Conversation – UK – By Rosa Busquets, Associate Professor, School of Life Sciences, Pharmacy and Chemistry, Kingston University

    Thirst: In Search of Freshwater, an exhibition at Wellcome Collection. Benjamin Gilbert., CC BY-NC-ND

    A new exhibition in London (open until February 2026) called Thirst: In search of freshwater highlights how civilisations have treasured – and been intrinsically linked to – safe, clean water.

    As a chemist, I research how freshwater is polluted by modern civilisation. Common contaminants in rivers include pharmaceuticals,
    microplastics
    (which degrade further when exposed to sunlight and wave power), and forever chemicals or per- and polyfluoroalkyl substances (PFAS) (some of which are carcinogenic).

    Synthetic toxic chemicals are introduced into the environment from the products we make, use and dispose of. This wasn’t a problem centuries ago, where we had a totally different manufacturing industry and technologies.

    Some, such as PFAS from stain-resistant textiles or nonstick materials such as cookware, can be particularly difficult to remove from wastewater. PFAS don’t degrade easily, they resist conventional heat treatments and can easily pass through wastewater treatments, so they contaminate rivers or lakes that are sources of our drinking water.


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    Testing for pollutants is even more critical in developing nations that lack sanitation and face drought or flooding.
    Having to protect and conserve drinking water and its sources is as relevant today as it always has been.

    For this exhibition, curator at the Wellcome Collection in London, Janice Li, has selected 125 historical objects, photographs and feats of engineering that link to drought, rain, glaciers, rivers and lakes. These three artefacts from Thirst illustrate how our relationship with water contamination has evolved:

    1. Ancient water filters

    Made from natural materials such as clay, water jug filters have been used for hundreds of years in every continent by ancient civilisations. They show that purifying water for drinking was commonplace. The sand and soil particles that naturally get suspended in water and removed by these filters would have carried microbes.

    Water jug filters with Arabic inscription, found in Egypt, dating back to 900-1,200.
    Victoria and Albert Museum London/Wellcome Collection, CC BY-NC-ND

    But in ancient times, pharmaceuticals and other drugs, pesticides, forever chemicals and microplastics would not have been a problem. Those filters could work relatively well despite being made of simple materials with wide pores.

    Today, those ancient filters would no longer be effective. Modern water filters are made using more advanced materials which typically have small pores (called micropores and mesopores). For example, filters often include activated carbon (a highly porous type of carbon that can be manufactured to capture contaminants) or membranes that filter water. Only then is it safe for people to drink.




    Read more:
    Forever chemicals are in our drinking water – here’s how to reduce them


    2. Roman water pipes

    Lead water pipes (known as fistulae) were useful parts of a relatively advanced plumbing system that distributed drinking water throughout Roman cities. They are still common in water systems in our cities today. In the US, there are about 9.2 million lead service lines in use. Exposure to lead causes severe human health problems. Lead exposure, not necessarily from drinking water only, was attributed to more than 1.5 million deaths in 2021.

    A Roman lead water pipe that dates back to 1-300CE.
    Courtesy of Wellcome Collection/Science Museum Group., CC BY-NC-ND

    It’s now understood that lead is neurotoxic and it can diffuse or spread from the pipes to drinking water. Lead from paints and batteries, including car batteries, can also contaminate drinking water.

    To protect us from lead leaching or flaking off from pipes, some government agencies are calling for the replacement of lead pipes with copper or plastic pipes. Water companies routinely add phosphates (mined powder that contains phosphorus) to drinking water to help capture potential lead contamination and make it safe to drink.

    3. The horror of unhealthy water

    One caricature titled The Monster Soup by artist William Heath (1828) is part of the Wellcome Trust’s permanent collection. The graphics read “microcosms dedicated to the London Water companies” and “Monster soup, commonly called Thames Water being a correct representation of the precious stuff doled out to us”. The cartoon shows a lady so terrified at the sight of microbes in river water from the Thames that she drops her cup of tea.

    Monster Soup by William Heath.
    Courtesy of the Wellcome Collection., CC BY-NC-ND

    Even today, many people remain shocked at the toxic contamination in rivers and sewage pollution prevents people from swimming.

    By 2030, 2 billion people will still not have safely managed drinking water and 1.2 billion will lack basic hygiene services. Drinking water will still be contaminated by bacteria such as E. coli and other dangerous pathogens that cause waterborne diseases. So advancing technologies to filter out contamination will be just as crucial in the future as it has been in the past.


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    Rosa Busquets receives funding from UKRI/ EU Horizons MSCA Staff exchanges Clean Water project 101131182, DASA, project ACC6093561. She is affiliated with Kingston University, UCL, Al-Farabi Kazakh National University, UNEP EEAP.

    ref. From Roman drains to ancient filters, these artefacts show how solutions to water contamination have evolved – https://theconversation.com/from-roman-drains-to-ancient-filters-these-artefacts-show-how-solutions-to-water-contamination-have-evolved-253876

    MIL OSI – Global Reports

  • MIL-OSI Global: How Trump plays with new media says a lot about him – as it did with FDR, Kennedy and Obama

    Source: The Conversation – UK – By Sara Polak, University Lecturer in American Studies, Leiden University

    There is a strange and worrying parallel between the breakneck speed at which Donald Trump has operated in the first few months of his presidency and the ever-accelerating pace at which information moves on social media platforms. Where in his first term he used Twitter, now, the 47th US president is using his own platform, TruthSocial, to announce changes of direction that are sometimes so fundamental that they change decades of US policy.

    Social media has become a key tool of governing for Trump’s administration. He uses it both to make announcements and to drum up support for those announcements. His social media posts can move the markets and make or break careers. They can even, it seems, stop wars.

    So when he used TruthSocial to announce a ceasefire between Israel and Iran on June 23, giving the two countries a deadline to stop firing missiles, it appears that neither of the antagonists were fully aware of the situation, given they carried on attacking each other. So an all-caps message followed: “ISRAEL. DO NOT DROP THOSE BOMBS,” he posted. “BRING YOUR PILOTS HOME, NOW!” – adding, just in case anyone had any doubt he was serious: “DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES.”

    Trump’s use of his TruthSocial platform began as he sought to re-establish himself from the political wilderness after the insurrection of January 6 2021. It has now become a tool of his extreme power and his willingness to use (and abuse) it – globally as well as domestically.


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    He’s the latest in a string of US presidents known for their adroit use of whichever is the medium most guaranteed to connect with the greatest number of people. From Theodore “Teddy” Roosevelt’s adept cultivation of print journalists in the early 20th century through Franklin D. Roosevelt’s comforting use of radio as it gained popularity and John F. Kennedy’s mastery of the rising medium of television, presidents have expanded their reach and influence through adept use of media.

    FDR’s “fireside chats”, broadcast on the radio throughout the US in the 1930s, reached an estimated 80% of the population, showing he understood the key media principle of reach. Roosevelt would address his listeners as “my friends” and Americans came to understand them as seemingly intimate conversations with their president.

    FDR dominated the airwaves at a time when many Americans hardly understood the important role that the federal government played in their own lives – and millions of households were only just getting mains electricity (thanks to the Rural Electrification Act of 1936). But radios were becoming a common mass medium and FDR perfectly understood how to use it. If you listen to the fireside chats, FDR may sound patrician – and at times formal – but his tone is also friendly, thoughtful and reassuring.

    In Germany at around the same time, Adolf Hitler’s massive stadium speeches were very effective for people who were in the stadium and being lifted by the intensity of the crowd and all the carefully thought out visual cues. But when broadcast on radio, Hitler had nothing like Roosevelt’s ability to connect with people on a personal level.

    Roosevelt was hardly the first leader – or even the first US president – to speak on the radio. But he was the first to master the medium. He figured out how to use its potential to deliver a key implicit message: that his government should and did take on a central role in people’s lives.

    Equally, John F. Kennedy can be said to have “discovered” political television. Not just as a medium for political campaigns, debates and speeches – but also for putting across to a mass audience his role as the embodiment of American decency, beauty and masculinity: JFK’s White House as Camelot.

    JFK was considered a master of the fast-growing medium of television.

    Both Roosevelt and Kennedy were in several ways physically disabled and lived with chronic illness, yet through the “new medium” of their time were able to project an image of quintessentially American strength and trustworthiness. In part this was their own doing – but it’s also a testament to the power of the media they used for their time.

    Mastering the medium

    These possibilities of a medium used to its best advantage – for example, to be heard around the US, but still to project a sense of intimacy – have become known as the “affordances” of a medium. The medium afforded Roosevelt space to be authentic without showing his disability. Kennedy appeared young, fit and handsome – even when dependent on painkillers.

    When a new medium is introduced, people start to play around with its affordances – and this applies to politicians too. Political leaders who develop a special aptitude for using the new medium to emphasise their unique style can become particularly successful, as has Donald Trump with his use of social media.

    The US president rose to power helped by his adept use of many of Twitter’s attributes – the imposed brevity of his messages, the ease of retweeting, the tendency for other users to “pile on” (and the user anonymity, which tends to encourage pile-ons) to polarise American public debate.

    Trump was forced off Twitter after the Capitol Hill insurrection of January 6 2021. So he came back with his own platform, TruthSocial, where he can also make the rules. And now he uses the platform to make foreign policy, trumpeting his positions (which can change with bewildering speed) on TruthSocial well before they can be announced by the White House press team, which often has to scramble to catch up.

    When Canadian communication theorist Marshall McLuhan penned his famous phrase: “The medium is the message” in his groundbreaking 1964 study, Understanding Media: The Extensions of Man, he meant to say that media form and content are not as distinct from one another as one might think and that the form of a medium of communication can shape society as much as its content. In Donald Trump’s use of social media, we are seeing this idea at work.

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

    ref. How Trump plays with new media says a lot about him – as it did with FDR, Kennedy and Obama – https://theconversation.com/how-trump-plays-with-new-media-says-a-lot-about-him-as-it-did-with-fdr-kennedy-and-obama-248923

    MIL OSI – Global Reports

  • MIL-OSI Global: Why Asos should be wary of banning customers returning unwanted goods

    Source: The Conversation – UK – By Nic Sanders, Senior Lecturer in Management and Marketing, University of Westminster

    ‘Now where’s that returns label?’ Cast of Thousands.Shutterstock

    Shopping for clothes online is a risky business. How do you know if that top will be a good fit, or those shoes will definitely be the right colour? One popular solution to this predicament is to order lots of tops and lots of shoes, try them on at home, and send back all the ones you don’t want – often at no cost.

    But that tactic can be expensive for the fashion retailer, which needs to pay for all those deliveries and returns. And now Asos, which sends millions of shipments every month, has started banning some customers for over-returning items – prompting something of a backlash.

    The response by the retail giant, which says it wants to maintain a “commitment to offering free returns to all customers across all core markets”, also raises questions about the sustainability of the online fashion business model which Asos helped to create.

    Many online retailers rely on the emotional highs of shopping. The excitement of placing an order, the anticipation of delivery, and the dopamine hit of unpacking a purchase is central to its popular customer experience.


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    Online shopping generally has thrived on impulsive buying, with the option of returning items treated as a normal part of the process. Of course, even in the days before online shopping there would be customers who routinely returned items.

    But by digitising and simplifying the process, the likes of Asos have helped this to happen on a massive scale. Shoppers have become completely used to ordering multiple sizes or styles with the express intention of returning most of the items they receive. Their homes effectively become fitting rooms.

    And those customers could reasonably argue that online retailers often use digital strategies which encourage multi-item purchases.

    Some sites remind shoppers of recently viewed products and provide suggestions of similar items, for example. There may be are prompts and nudges towards clothes which are frequently bought together.

    Items are then sometimes temporarily reserved in a shopper’s basket for 60 minutes, creating a sense of urgency. Targeted emails and limited time offers drive bulging shopping baskets, encouraging more risk purchases and returns.

    Yet returned items carry a significant cost. They may be unfit for resale and ultimately disposed of, which beyond the financial burden, has an environmental price.

    In addition to creating landfill, each delivery and return has a carbon footprint. And although many younger consumers express support for sustainable practices, their buying behaviour continues to prioritise price and convenience.

    But free returns have become part of the online fashion industry landscape. Research suggests that customers are simply more likely to buy something if returns are free.

    And today’s tricky financial climate, marked by inflation and rising living costs will surely have made consumers even more cautious. Many will be reluctant to buy items that incur delivery and return costs.

    Shopping around

    Frustrations can then arise from unclear return policies, often buried in lengthy terms and conditions documents. Some of those banned by Asos say they were confused about the rules.

    Automated customer service systems offering generic responses may then leave shoppers with no clear way to challenge these decisions.

    Perhaps the wider issue here is that online shopping cannot fully replicate the benefits of shopping in store. In physical shops, customers can try on items before deciding.

    But online, this can’t happen, so returns become fundamental to the decision-making process. For cost-conscious shoppers, avoiding unnecessary spending is essential. But if returns policies become harder to access, they may turn to other retailers which offer more certainty.

    Return to sender?
    A08/Shutterstock

    For example, retailers such as Zara and H&M, with a business model which mixes online convenience with a high street (or shopping mall) presence, offer the option to order online and then return in person.

    This hybrid (or “omni-channel”) model appears to be driving consumers to physical shops for a blended experience which provides convenience and helps reduce return costs.

    For Asos, doing something similar would require major investment (in bricks and mortar) and increased operational costs – so is perhaps an unlikely solution for the company.

    But to balance sustainability, cost and customer satisfaction, Asos could explore other options. These might include clearer, more visible communication regarding “fair use” policies and their consequences. It could aim for more human interactions and better dialogue with customers it plans to ban.

    Offering physical retail locations or return collection points to simplify the process and reduce the environmental impact and costs will provide customer flexibility. Overall, these areas will help create a better customer service experience.

    Ultimately, Asos and other similar online clothing retailers must evolve. With changing consumer expectations, a challenging economic climate and rising operational costs, the model that defined these retailers’ early success cannot remain unchanged.

    If they make adjustments, they may emerge stronger. If they do not, they risk sparking a customer exodus that would be hard to reverse.

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

    ref. Why Asos should be wary of banning customers returning unwanted goods – https://theconversation.com/why-asos-should-be-wary-of-banning-customers-returning-unwanted-goods-259952

    MIL OSI – Global Reports

  • MIL-OSI USA: GOP Votes Down Warnock Amendment to Save Georgia Jobs, Protect Rural Manufacturing Boom

    US Senate News:

    Source: United States Senator Reverend Raphael Warnock – Georgia

    GOP Votes Down Warnock Amendment to Save Georgia Jobs, Protect Rural Manufacturing Boom

    Senator Reverend Warnock took to the Senate floor to offer a bipartisan amendment to protect hundreds of thousands of clean energy jobs across the country
    Senator Warnock was instrumental in passing these clean energy tax credits, which are responsible for 42,000 good-paying jobs in Georgia
    In his effort to save these Georgia jobs, Senator Warnock penned an op-ed in the AJC, held a press conference in Savannah, and published a report on the risks posed to Georgia should the tax credits be repealed
     Senator Reverend Warnock: “Those 42,000 Georgia jobs and hundreds of thousands of jobs nationwide are at risk if Republicans have their way and roll back these tax credits”
    Washington, D.C. – Today, U.S. Senator Reverend Raphael Warnock (D-GA) took to the floor of the United States Senate to urge his GOP colleagues to pass a bipartisan amendment to protect hundreds of thousands of jobs in communities across the country. Senate Republicans voted down his motion by a vote of 48-51.
    As currently written, the GOP spending bill would eliminate many of the clean energy tax credits included in the Inflation Reduction Act (IRA) that have brought a manufacturing boom to communities across the U.S.
    “Mr. President, I rise to protect pro-business tax credits that are creating hundreds of thousands of American jobs, many of which don’t require a college degree…” said Senator Warnock. “42,000 Georgia jobs and hundreds of thousands of jobs nationwide are at risk if Republicans have their way and roll back these tax credits.”
    Senator Warnock has warned his colleagues repeatedly of the risks that repealing clean energy tax credits will have on Americans across the country. In May, Senator Warnock published a report highlighting the impact that the cuts would have on Georgia and its economy. The Senator followed his report with a press conference in Savannah at the Georgia Ports Authority warning of the impact on rural communities and an op-ed in the Atlanta Journal-Constitution. Georgia is the single largest recipient of IRA tax credits in the U.S., with over $28 billion in investment, 42,000 jobs, and 51 projects announced in the state.
    The Warnock Amendment would force the Senate to reconsider its current path toward repealing the clean energy tax credits in the GOP spending bill by returning the bill to the Senate Finance Committee for additional consideration.
    In recent days, a bipartisan push urging GOP senators to reverse their proposed cuts has swept the country. Last week, Georgia lawmakers sent a letter to Senate Finance Committee Chairman Mike Crapo (R-ID) asking him to reconsider his support for the rollback of solar energy tax credits, writing: “We urge you not to weaken the tax credits, as doing so would only harm the manufacturing renaissance in Georgia while creating opportunities for Chinese companies to take over the solar industry.”
    Nationwide analyses show that the “vast majority” of projects announced following the passage of the clean energy tax credits have been investments in Congressional districts currently held by Republicans. This is particularly true in Georgia where 83 percent of the projects, 94 percent of the total investment, and 75 percent of the jobs are in Republican districts. More than 95 percent of the new jobs and investments are in counties where the percentage of people with a bachelor’s degree is below the national average. 
    Full remarks available below:
    Mr. President. I rise to protect pro-business, pro-worker tax credits that are creating hundreds of thousands of American clean energy manufacturing jobs, many of which don’t require a college degree.
    Put simply, these tax credits are working: I know firsthand because they’re working right now in Georgia.
    Businesses which we’ve invested $1 [federally], we’ve seen [private] investments as much as $4.50.
    They’ve helped create 42,000 new manufacturing and construction jobs, many in rural parts of our state that are too often left behind by Washington politicians. Those 42,000 Georgia jobs and hundreds of thousands of jobs nationwide are at risk if Republicans have their way and roll back these tax credits.
    That’s why North America’s Building Trades Unions called this bill the “biggest job-killing bill in the history of this country.”
    I urge my colleagues to vote with America’s workers and vote YES on my Motion to Commit.

    MIL OSI USA News

  • MIL-OSI Russia: A memorial plaque in memory of Alexander Shirvindt will be installed in Moscow

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    A memorial plaque in memory of the People’s Artist of the RSFSR, director and teacher, artistic director and president of the Moscow Academic Satire Theater Alexander Anatolyevich Shirvindt will be installed on the house where he lived. The Moscow Government order on this issue was signed by Sergei Sobyanin.

    The memorial plaque will be installed at the address: Kotelnicheskaya Embankment, Building 1/15, Block A. The work is planned to be completed by the end of 2025.

    Alexander Anatolyevich Shirvindt (1934-2024) left a large and bright mark in the history of Russian art. He played dozens of roles in plays and films that became classics of theater and cinema. In addition, as a director, Alexander Shirvindt staged more than 20 plays on the stage of the Satire Theater.

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

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

    https: //vv.mos.ru/mayor/tkhemes/13017050/

    MIL OSI Russia News

  • MIL-OSI Video: Launch of the Sevilla Platform for Action – UN Chief remarks | #FFD4 | United Nations

    Source: United Nations (video statements)

    Remarks by António Guterres, Secretary-General of the United Nations, at the Launch of the Sevilla Platform for Action – 4th International Conference on Financing for Development FFD4 (Sevilla, Spain).

    “Mr. President of the Government of Spain, dear Pedro Sánchez,

    Excellencies, ladies and gentlemen,

    Thank you for joining this launch of the Sevilla Platform for Action.

    Respected President of the Government of Spain — I commend you and your government for your vision and leadership as hosts of the Fourth International Conference on Financing for Development.

    We are all here to respond to a global development crisis that threatens people and planet alike.

    Our roadmap to a better future — the Sustainable Development Goals — is in danger.

    Two-thirds of the targets are not progressing fast enough — or at all.

    Solutions depend on financing.

    Developing countries need over $4 trillion a year to deliver on the 2030 Agenda.

    But they are being battered by limited fiscal space, slowing growth, crushing debt burdens and growing systemic risks.

    The Sevilla Commitment document represents a bold plan to get the engine of development revving again:

    Through new domestic and global commitments that can channel public and private finance to the areas of greatest need…

    By overhauling the world’s approach to debt to make borrowing work in service of sustainable development…

    And by reforming the global financial architecture to reflect today’s realities and the urgent needs of developing countries.

    But we need all hands on deck.

    And that’s why the Sevilla Platform for Action is so critical — and so significant.

    In the midst of a world of division, conflict and economic uncertainty, this Platform contains more than 130 specific initiatives that demonstrate what we can achieve by working together.

    Governments, private sector partners, international institutions, and civil society groups all together are teaming up to launch high-impact initiatives to bring the Sevilla Commitment to life.

    This includes a global hub for debt swaps at the World Bank as part of a broader facility aimed at relieving liquidity constraints and lowering the cost of borrowing.

    A debt pause alliance to help countries in times of crisis.

    A global coalition to scale-up pre-arranged finance that can be readily deployed when disasters strike.

    A blended finance platform to bring public and private finance together in a new and expanded way.

    A new tool for Multilateral Development Banks to manage currency risks.

    And a commission to explore the future of development cooperation.

    In December, I appointed a group of experts on debt who today are announcing 11 immediately actionable proposals to help resolve the debt crisis.

    This includes the commitment to establish a borrowers forum for countries to learn from one another and coordinate their approaches in debt management and restructuring.

    I look forward to working closely with Member States — including the G20 — to bring this forum to life, to empower borrower countries, and create a fairer system.

    Excellencies, ladies and gentlemen,

    The Sevilla Platform for Action offers an ambitious, action-oriented response to the global financing challenge.

    It provides a springboard toward a more just, inclusive, and sustainable world for all countries.

    And above all, it proves that progress and change are possible if we work together.

    I hope the Platform inspires countries to work as one to tackle other challenges facing our world today.

    Once again, I thank Prime Minister Sánchez and all of you for your leadership.

    Thank you”.

    https://www.youtube.com/watch?v=Wh9SxgKKHmw

    MIL OSI Video

  • MIL-OSI Europe: AFRICA/DR CONGO – Peace agreement between the Democratic Party and Rwanda: another mockery

    Source: Agenzia Fides – MIL OSI

    Kinshasa (Agenzia Fides) – “The impression created by the people of Bukavu, exhausted by more than four months of occupation, is one of perplexity and the feeling of being deceived again and again, even if they do not give up hope that something will change on the ground. But what? New reports of killings by the M23 are coming from the city and the province,” said a Church source in Bukavu, the capital of South Kivu, occupied by Rwandan troops and the M23 movement since mid-February (see Fides, 17/2/2025), commenting on the peace agreement signed on June 27 in Washington by Rwanda and the Democratic Republic of Congo under the auspices of the Trump administration (see Fides, 27/6/2025).The agreement provides for the “lifting of Rwandan defense measures” within three months, with the withdrawal of Rwandan soldiers from the Democratic Republic of Congo, and the neutralization of the Democratic Forces for the Liberation of Rwanda (FDLR), founded by former Hutu leaders, linked to the 1994 Rwandan genocide, and viewed by Kigali as an existential threat.The agreement also contains an economic aspect, which has not yet been specified, but which is said to provide for the exploitation of Congolese natural resources by American companies.”Many people were even willing to lose the country’s natural resources to regain peace, but this remains in question,” the Fides source reports. “Because Rwanda, which occupies and exploits the provinces of North and South Kivu under the guise of the M23, does not seem to be affected by the agreement.So, at the moment, nothing is moving forward. Precisely where change is most needed.” “There is one fundamental change that everyone, except those who have changed their colors, is waiting for: the withdrawal of all Rwandan soldiers, who are to return to their homeland. This is not explicitly stated in the agreement; it only speaks of a cessation of hostilities. Even though it cites UN Resolution 2773, which calls for such a return”.”Upon reading, the text seems to me to be full of pitfalls. Another obvious pitfall is the fact that it mentions six times that the FDLR is to be neutralized. As if this were the real problem. It is a pretext, perhaps to avoid having to say out loud to Rwanda: The king is naked and he attacked an independent country. The FDLR are few in number, are repeatedly repatriated, and are completely unsuitable for an attack on Rwanda. But they are suitable to justify the presence of the Rwandan army in Congo.” “And they demand the disarmament of all militias: including this militia, which is of course often disorganized, sometimes infiltrated by bandits, but which, alone or with the few remaining Congolese soldiers, is blocking the advance of the M23. Meanwhile, the occupying forces continue to murder, rape, and humiliate a population that is now starving. You have to experience these things to feel the humiliation of those who ask why they do not know how to feed their children and the helplessness of those who respond: ‘I’m sorry, but we have no money to give you because the banks are closed,’” the source said. “Another pitfall is the return of refugees. There are hardly any Congolese refugees in Rwanda. Rather, there are hordes of self-proclaimed Rwandan refugees just waiting to enter Congo to settle there and continue to nurture the dream of a Greater Rwanda. It is true that reference is made to traditional institutions: they will have to say whether the person is truly from a particular place or not. We shall see,” the report continues. “And what about economic cooperation with a country that continues to plunder everything it can, crossing the borders of the occupied territories? The prospect, as some say, is that Congo will remain the great mine where people suffer and even die for little money, while Rwanda will be the site of refineries, and the large multinationals and the States that support them will be the big winners. With the blessing of their opportunistic friends, the United States. Is it a coincidence that the word ‘justice’ is not mentioned in the document? What about the millions of victims, the dead and the traumatized survivors, the children deprived of schooling, the young people robbed of their youth, the adults deprived of the vital minimum that makes a person’s dignity?None of this would have happened without the pressure from the Congolese authorities, who create the impression that they betrayed their country and their people in order to stay in power,” the source emphasizes. “Congolese civil society, especially in the east of the Democratic Republic of Congo, had prepared several clarifying documents and addressed them to the highest authorities, expressing their concerns. This was ignored. Nobel laureate Mukwege had raised his voice with a speech that was initially humanitarian and then political, tackling the root causes of the problems. Yet it was as if no one had said anything. The overall impression is therefore a mockery. It is bad to oppress a people. It is even worse to make them believe that you are helping them,” the source concludes. (Agenzia Fides, 1/7/2025)
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  • MIL-OSI Russia: Two KRT projects have been approved in the Teply Stan and Sokolinaya Gora districts

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    A decision was made on the comprehensive development of two territories: an undeveloped territory with an area of 4.74 hectares in the Teply Stan district in the southwest of the capital and five non-residential development sites with an area of 2.69 hectares in the Sokolinaya Gora district in the east of the capital.

    Resolutions on these issues were signed by Sergei Sobyanin.

    The reorganized territory in the Teply Stan district is located in the area of the 41st kilometer of the Moscow Ring Road, near General Tyulenev Street. The urban development potential of the site is 151.1 thousand square meters of real estate. A modern residential quarter will be built here, including housing for the purposes of the renovation program, and public and business facilities. In addition, landscaping of the territory and organization of the street and road network are planned.

    The implementation of the integrated development project for the territory will create approximately 900 jobs.

    The second area to be reorganized concerns 8th Sokolina Gora Street, Shcherbakovskaya Street and Mazhorov Lane. Currently, there are obsolete buildings there.

    The urban development potential of the sites in the east of Moscow is 59.5 thousand square meters of real estate, which will allow the construction of a modern residential quarter (41.6 thousand square meters) for the implementation of the renovation program and public and business facilities, including multifunctional public and medical centers.

    The implementation of the integrated development project for the territory will create approximately 290 jobs.

    As of July 1, 2025, the Moscow Government has approved and is in the implementation stage of 117 projects for the integrated development of territories with a total area of about 1.4 thousand hectares, within the framework of which it is planned to build over 28.5 million square meters of real estate. As a result, about 340 thousand jobs will be created.

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

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

    https: //vv.mos.ru/mayor/tkhemes/13016050/

    MIL OSI Russia News

  • MIL-OSI USA: The Status of the Chagos Archipelago –  Part II: United Kingdom’s Agreement with Mauritius

    Source: US Global Legal Monitor

    The following is a guest post by Clare Feikert-Ahalt, a senior foreign law specialist at the Law Library of Congress covering the United Kingdom and several other jurisdictions. Clare has written numerous posts for In Custodia Legis, including Revealing the Presence of Ghosts; Weird Laws, or Urban Legends?; FALQs: Brexit Referendum; 100 Years of “Poppy Day” in the United Kingdom; and Mr. Bates vs. The Post Office Spurs Possible Law Change.

    Yesterday’s post described the historic status of the Chagos Archipelago and the United Kingdom’s (UK) power over the territory. Today’s post describes the new agreement, which returns sovereignty over the Chagos Archipelago and allows for the continued use of the UK-US military base.

    On May 22, 2025, the United Kingdom and Mauritius signed an agreement that “recognis[es] the wrongs of the past” with regards to the Chagos Archipelago. The agreement transfers sovereignty of the British Indian Ocean Territory (BIOT) from the UK to Mauritius, while providing the UK with “rights and authorities [over Diego Garcia] that the United Kingdom requires for the long-term, secure and effective operation of the Base.”

    The agreement, which took over two years and 13 rounds of negotiations to achieve, secures British interests in Diego Garcia, including an area of 12 nautical miles surrounding the island, for 99 years. The agreement provides the UK with the right to access, maintain, and invest in the base, along with the ability to use it for defense purposes. It places a binding obligation on both parties to ensure the secure and effective operation of the base. The UK’s secretary of state for defence notes the agreement achieves the “secured unrestricted access to, and use of, the base, as well as control over movement of all persons and all goods on the base and control of all communication and electronic systems.”

    Any activities on the wider islands of the Chagos Archipelago, such as the construction of any structure, artificial island, sensor, or barrier within 24 nautical miles, must be approved through a joint decision process between the UK and Mauritius, which serves as an “effective veto” of development in the islands surrounding Diego Garcia as the UK does not want other countries, particularly those hostile to the UK, to have a presence near this facility.

    The 99 years can be extended for a further 40 years if both parties agree, and it may be extended again thereafter. The estimated cost to UK for 99 years “is £101 million [annually] and the net present value of payments under the treaty is £3.4 billion” (approximately US$136 million and US$4.6 billion respectively) accounting for approximately 0.2% of the defense budget. The government has stated this is less than the cost of running an aircraft carrier, without aircraft, for a year.

    The agreement provides for the resettlement of the residents of Diego Garcia, known as the Chagossians, on the islands of the Chagos Archipelago, with the exception of Diego Garcia. It also provides for the establishment of a trust fund of £40 million (approximately US$54 million) to benefit Chagossians and an annual grant of £45 million (approximately US$61 million) for 25 years to fund projects that promote economic development and welfare in Mauritius. Article 11 of the agreement states that it “constitutes the full and final settlement of all claims by Mauritius in relation to the Chagos Archipelago.”

    The treaty was laid before both Houses of Parliament on May 22, 2025, and either of the Houses of Parliament may object to its ratification until July 3, 3035.

    The Defense Facility on Diego Garcia

    The secretary of state for defence for the UK stated “[t]he importance of Diego Garcia cannot be overstated” and a government press release announcing the agreement notes that the base is central to both the UK and US’s emergency planning and operations, with the base serving as:

    “a critical logistics hub at a strategic location, with a full range of facilities that acts as a key refueling and resupply station for naval and air operations. This enables power projection and global reach, allowing for rapid and flexible deployment of our forces across the Middle East, East Africa, and South Asia.”

    While most of the work on, and capabilities of, Diego Garcia are not disclosed, the secretary of state for defence and the UK prime minister have publicly acknowledged that the base supports operations, including those related to counter-terrorism, in the Middle East, East Africa, and South Asia. Public statements detail that the base houses:

    • an airfield enabling strike operations and the rapid deployment of the military in this area, “… creat[ing] real military advantage across the Indo-Pacific;”
    • a deep-water port that, among other uses, “supports missions from nuclear-powered submarines to [the UK’s] carrier strike group;”
    • advanced communications, which includes management of the electromagnetic spectrum satellite;
    • surveillance capabilities;
    • facilities that support the global operation of GPS, notably one monitoring station and one of four ground antennas;
    • Ground-Base Electro-Optical Deep Space Surveillance (GEODSS) System, which “provides situational awareness of objects in Earth’s orbit, helping to track space debris that pose a risk to space systems”; and
    • “three pieces of critical Comprehensive Nuclear Test Ban Treaty monitoring equipment”, including seismic monitoring equipment that checks for indicators of nuclear testing, helping to secure compliance with the nuclear test ban treaty.

    The presence of the base in the center of the Indian Ocean also helps to safeguard an important trade route, through which “a third of the world’s bulk cargo and two-thirds of global oil shipments are transported.”

    The US Navy describes the facility on Diego Garcia as “the tip of the spear” and states that it “provides logistic support to operational forces forward deployed to the Indian Ocean and Persian Gulf areas of responsibility in support of national policy objectives.”

    The prime minister stated that the agreement is vital to the UK’s defence and intelligence, and for securing the safety and security of the British people at this time. He stated “… the base was under threat” from legal challenges by Mauritius, and the government believes there is no viable alternative to protect the base and secure the islands surrounding it.

    The prime minister further noted that if the UK disregarded any future legal judgements, “international organisations and other countries would act on them. And that would undermine the operation of the base.” The UK was particularly concerned at the prospect of other countries establishing a presence in the islands surrounding Diego Garcia, or conducting training exercises nearby, which could impact the operation of the base, and that it would be unable to prevent this without an agreement.

    The prime minister has described the base as “one of the most significant contributions we make to our security relationship with the United States.” The UK foreign secretary stated the US was unhappy with the uncertainty created by the situation and “strongly encouraged [the UK] to strike a deal.” It was against this background that negotiations were commenced and the treaty was made.

    Reaction to the Agreement

    The opposition conservative party has been critical of the agreement, stating that the government “prioritised heeding the most pessimistic legal advice” concerning the potential of legal judgments. The opposition further stated that the agreement puts the defense facility at risk due to Mauritius’ ties to Russia and China. The UK shadow secretary of state said in parliament that “[t]he Government should not be surrendering strategically vital sovereign territory, especially when we face such threats, and they certainly should not be paying billions for the privilege”, noting further that the agreement does not offer any protection to the Chagossians.

    Internationally, the agreement has been backed by the UK’s “Five Eyes” partners, which include the United States, Canada, Australia, and New Zealand. Japan, India, and the African Union have also welcomed the agreement. US President Donald Trump expressed his support for the agreement and US Secretary of State Marco Rubio, stated that while the administration is not a party to the agreement, it “remain[s] responsible for operating the U.S. Naval Support Facility on Diego Garcia, which continues to play a vital role in supporting forward-deployed operational forces and advancing security across the region.”

    The US secretary of state stated:

    “The Trump Administration determined that this agreement secures the long-term, stable, and effective operation of the joint U.S.-UK military facility at Diego Garcia. This is a critical asset for regional and global security.”

    While the agreement has been welcomed by the UK and several of its allies, the United Nations has condemned the agreement, issuing a press release stating:

    “By maintaining a foreign military presence of the United Kingdom and the United States on Diego Garcia and preventing the Chagossian people from returning to Diego Garcia, the agreement appears to be at variance with the Chagossians’ right to return, which also hinders their ability to exercise their cultural rights in accessing their ancestral lands from which they were expelled.”

    The UN has urged the UK to “apply a human rights-based approach in addressing historical injustices against the Chagossian people.”

    Additional Law Library of Congress Resources on the Laws of Mauritius and the UK


    Subscribe to In Custodia Legis – it’s free! – to receive interesting posts drawn from the Law Library of Congress’s vast collections and our staff’s expertise in U.S., foreign, and international law.

    MIL OSI USA News

  • MIL-OSI Europe: ASIA/THAILAND – National Director of the Pontifical Mission Societies on the suspension of the Prime Minister: “We proceed according to the rule of law”

    Source: Agenzia Fides – MIL OSI

    Tuesday, 1 July 2025

    Caritas Thailand

    Bangkok (Agenzia Fides) – “The street protests lasted one day, and now calm has returned to Bangkok. I believe that the process of replacing the Prime Minister will continue in accordance with the rule of law and the rules of democracy. The hope of the Thai people is to quickly resolve the border issues with Cambodia and return the situation to the sphere of good relations between the two nations,” said Fr. Peter Piyachart Makornkhanp, parish priest in Bangkok and National Director of the Pontifical Mission Societies (POM) in Thailand, in an interview with Fides.The country has been shaken by the recent ruling of the Constitutional Court suspending Prime Minister Paetongtarn Shinawatra, who was accused of “ethical violations” in managing relations with Cambodia. The suspension, it was announced, is in effect “until the decision of the Constitutional Court,” which could take several weeks or months. The court responded to a petition from 36 senators after a telephone conversation between the head of government and former Cambodian Prime Minister Hun Sen was made public, in which Shinawatra referred to the Thai army chief as an “enemy.” At a political level, the 38-year-old prime minister – daughter of former Prime Minister Thaksin Shinawatra – was already weakened after the main party in the governing coalition, Bhumjaithai (“Thai Pride”), withdrew its support two weeks ago. A government reshuffle followed. Recently, the territorial dispute with Cambodia resurfaced, leading to cross-border clashes in which a Cambodian soldier was killed (see Fides, 24/6/2025). The Prime Minister is now accused of weakening the army and violating constitutional provisions requiring “integrity” and “ethical standards.” Fr. Piyachart Makornkhanp told Fides: “In relations between Thailand and Cambodia, very old mutual prejudices sometimes surface. But in the lives and minds of ordinary people, there are no problems today; good relations are maintained, generating strong economic and social ties, especially in the border areas. Some of the hostilities are about the relationship between some political leaders, not about the people.” The National Director further reports that “at the ecclesial level, there are excellent relations and fruitful pastoral cooperation between the Churches of Cambodia and Thailand: we currently have several Thai priests and religious living and working in Cambodia. We hope that tensions will subside and the situation will normalize with the reopening of the borders.” The Bangkok priest also points out that “many Thai people and organizations, including Caritas, are doing their best to care for the Cambodians stranded in Thailand as displaced persons and unable to return to Cambodia due to the border closure. This is a very beautiful sign of solidarity that expresses the essence of the relationship between the two peoples,” he concludes. (PA) (Agenzia Fides, 1/7/2025)
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  • MIL-OSI Europe: ASIA/THAILAND – National Director of the Pontifical Mission Societies on the suspension of the Prime Minister: “We proceed according to the rule of law”

    Source: Agenzia Fides – MIL OSI

    Tuesday, 1 July 2025

    Caritas Thailand

    Bangkok (Agenzia Fides) – “The street protests lasted one day, and now calm has returned to Bangkok. I believe that the process of replacing the Prime Minister will continue in accordance with the rule of law and the rules of democracy. The hope of the Thai people is to quickly resolve the border issues with Cambodia and return the situation to the sphere of good relations between the two nations,” said Fr. Peter Piyachart Makornkhanp, parish priest in Bangkok and National Director of the Pontifical Mission Societies (POM) in Thailand, in an interview with Fides.The country has been shaken by the recent ruling of the Constitutional Court suspending Prime Minister Paetongtarn Shinawatra, who was accused of “ethical violations” in managing relations with Cambodia. The suspension, it was announced, is in effect “until the decision of the Constitutional Court,” which could take several weeks or months. The court responded to a petition from 36 senators after a telephone conversation between the head of government and former Cambodian Prime Minister Hun Sen was made public, in which Shinawatra referred to the Thai army chief as an “enemy.” At a political level, the 38-year-old prime minister – daughter of former Prime Minister Thaksin Shinawatra – was already weakened after the main party in the governing coalition, Bhumjaithai (“Thai Pride”), withdrew its support two weeks ago. A government reshuffle followed. Recently, the territorial dispute with Cambodia resurfaced, leading to cross-border clashes in which a Cambodian soldier was killed (see Fides, 24/6/2025). The Prime Minister is now accused of weakening the army and violating constitutional provisions requiring “integrity” and “ethical standards.” Fr. Piyachart Makornkhanp told Fides: “In relations between Thailand and Cambodia, very old mutual prejudices sometimes surface. But in the lives and minds of ordinary people, there are no problems today; good relations are maintained, generating strong economic and social ties, especially in the border areas. Some of the hostilities are about the relationship between some political leaders, not about the people.” The National Director further reports that “at the ecclesial level, there are excellent relations and fruitful pastoral cooperation between the Churches of Cambodia and Thailand: we currently have several Thai priests and religious living and working in Cambodia. We hope that tensions will subside and the situation will normalize with the reopening of the borders.” The Bangkok priest also points out that “many Thai people and organizations, including Caritas, are doing their best to care for the Cambodians stranded in Thailand as displaced persons and unable to return to Cambodia due to the border closure. This is a very beautiful sign of solidarity that expresses the essence of the relationship between the two peoples,” he concludes. (PA) (Agenzia Fides, 1/7/2025)
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  • MIL-OSI Europe: AFRICA/SUDAN – Insecurity and lack of services worsen the situation in the capital: teachers disagree in the reopening of schools

    Source: Agenzia Fides – MIL OSI

    Tuesday, 1 July 2025

    Internet

    Khartoum (Agenzia Fides) – Most areas of Khartoum are without electricity and water, exacerbating the country’s already precarious security situation and the lack of other services such as internet and telecommunications.Recently, the humanitarian organization LIZENFO raised the alarm which reported that a large number of people in the Sudanese capital have been forced to return to displacement areas, with the exception of areas of Omdurman. According to the director of the organization, several civilians from Khartoum have returned to the United States after facing great difficulties during the conflict in the capital.Against a backdrop of general insecurity, the Sudanese Teachers’ Committee has voiced its disagreement with a decision by the Khartoum state government’s decision to reopen schools, saying that the move ignores the deteriorating security, health, and economic reality, and post a direct threat to the lives of education workers and their families. Furthermore, telecommunications networks are fluctuating, and the internet is not available most of the time. The teachers pointed out that they are forced to charge their phones, at great expense, at shops that rely on solar energy, and warned of a terrible deterioration in the humanitarian situation, and the high cost of food.Furthermore, civilians in the south and west of Khartoum are being detained and taken to unknown locations without giving reasons. Most neighborhood markets remain closed, and the public are forced to go to the central market, in addition to traveling long distances to get drinking water. (AP) (Agenzia Fides, 1/7/2025)
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  • MIL-OSI: CarGurus Launches a Summer of Giveaways Alongside New ‘Big Deal’ Video Series Celebrating Life’s Biggest Moments

    Source: GlobeNewswire (MIL-OSI)

    “The Big Deal Show” brings together fan-favorites in sports and entertainment to share their defining moments — and help CarGurus celebrate “big deals” with three car giveaway winners

    BOSTON, July 01, 2025 (GLOBE NEWSWIRE) — CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited site for shopping, buying, and selling new and used cars1, today launched “The Big Deal Show,” a new campaign celebrating life’s biggest moments behind the wheel and beyond. In recognition of the big deal decisions and memories that come with a car purchase, the content series taps familiar faces across entertainment and sports to share their big deal moments and help CarGurus give away three new Nissans.

    The three-part series — released each month through the end of summer — kicks off today with skateboarding legend Tony Hawk and professional snowboarder Zeb Powell. The duo reflects on everything from their first cars to the biggest moments that defined their careers. The trailblazing sports icons share candid memories from their time on the road and the big deal moments they’re looking forward to on the road ahead.

    Upcoming celebrity duos will be announced later this summer, continuing the series with unfiltered conversations about early career moments, big professional wins, and personal milestones. In tandem with the release of each episode, CarGurus will give drivers an opportunity to win a new Nissan through a limited-time sweepstakes on the CarGurus website. Each month, a winner will be selected to receive a brand-new car (approximately $50,000 in value), along with funds to cover related expenses.

    “CarGurus understands the fact that it’s a big deal to buy a car. It’s a major, emotional purchase, and for many of us, our cars become the backdrop for life’s biggest moments,” said Dafna Sarnoff, Chief Marketing Officer at CarGurus. “That’s why we’re bringing together personalities who are big deals in their own right and reflect our shoppers in having a connection to their cars and the big roles they’ve played in their lives. Through these stories and our giveaway, we’re shining a spotlight on the big moments that give a deeper meaning to big deals like car buying.”

    “The Big Deal Show” is an extension of CarGurus’ national brand campaign, “Big Deal,” which pays tribute to the big decisions drivers make along the buy/sell journey to reach their ideal outcome. The campaign underscores CarGurus’ role in helping consumers find the best deal on their big deal, providing shoppers the largest selection of new and used vehicles in the U.S.2 on the No. 1 most visited car-shopping site1.

    “It was a privilege to bring these fun and extremely relatable stories to life with the help of CarGurus,” said Paul Scheer, Director of The Big Deal Show. “Turns out, no matter how famous you are, we all remember our first car.”

    To follow each episode of “The Big Deal Show” and enter the giveaway, visit: https://www.cargurus.com/about/big-giveaway

    About CarGurus, Inc.
    CarGurus (Nasdaq: CARG) is a multinational, online automotive platform for buying and selling vehicles that is building upon its industry-leading listings marketplace with both digital retail solutions and the CarOffer online wholesale platform. The CarGurus platform gives consumers the confidence to purchase and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, effectively market, instantly acquire, and quickly sell vehicles, all with a nationwide reach. The company uses proprietary technology, search algorithms, and data analytics to bring trust, transparency, and competitive pricing to the automotive shopping experience. CarGurus is the most visited automotive shopping site in the U.S. 1

    CarGurus also operates online marketplaces under the CarGurus brand in Canada and the U.K. In the U.S. and the U.K., CarGurus also operates the Autolist and PistonHeads online marketplaces, respectively, as independent brands.

    To learn more about CarGurus, visit www.cargurus.com, and for more information about CarOffer, visit www.caroffer.com.

    CarGurus® is a registered trademark of CarGurus, Inc., and CarOffer® is a registered trademark of CarOffer, LLC. All other product names, trademarks and registered trademarks are the property of their respective owners.

    1Similarweb: Traffic Report [Cars.com, Autotrader, TrueCar, CARFAX Listings (defined as CARFAX Total
    visits minus Vehicle History Reports traffic)], Q1 2025, U.S.
    2Compared to Autotrader.com, Cars.com, TrueCar.com (YipitData as of December 31, 2024),
    and CarFax (Joreca as of December 31, 2024)

    Media Contact:
    Maggie Meluzio
    Director, Public Relations & External Communications
    pr@cargurus.com

    Investor Contact:
    Kirndeep Singh
    Vice President, Head of Investor Relations
    investors@cargurus.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a93636c-9637-482f-a51c-a413f5ee8356

    The MIL Network

  • MIL-OSI: Morgan Auto Group Adopts Point Predictive’s BorrowerCheck and IEValidate at 77 dealerships to Combat Fraud And Costly Buybacks

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, July 01, 2025 (GLOBE NEWSWIRE) — Point Predictive, the leader in artificial intelligence solutions for consumer lending, today announced a strategic partnership with Morgan Auto Group, one of the nation’s largest automotive dealer groups with 77 dealerships across Florida. The collaboration integrates Point Predictive’s BorrowerCheck™ and IEValidate™ solutions, giving Morgan Auto Group comprehensive fraud detection capabilities and frictionless income and employment validation.

    The partnership comes as dealers face an alarming surge in identity, income, and employment fraud schemes over the past year alone. Point Predictive’s 2025 analysis reveals dealers increasingly bear the financial burden of $9.2 million in auto loan fraud annually. With the typical fraud-related buyback now averaging $27,500 per incident, dealers who haven’t updated their fraud prevention tools face potentially significant financial exposure that market leaders are already protecting against.

    “BorrowerCheck gives us unprecedented protection against fraud schemes that traditionally lead to costly buybacks,” said Brett Morgan, CEO of Morgan Auto Group. “With red flags and alerts that cover identity, income, and employment, we can use the expanded data insights to service our car buyers more efficiently and safely. This technology helps us confidently get legitimate buyers the financing they need faster while significantly reducing our exposure to fraud.”

    The implementation of these solutions delivers three transformative benefits to Morgan Auto Group:

    • Slash Fraud Losses – Prevents 90% of fraud typically missed by traditional methods, dramatically reducing costly buybacks from lenders.
    • Accelerates Customer Verification – Replaces 5-minute knowledge-based surveys with 20-second SMS verification, eliminating friction that drives customers away.
    • Eliminates Income & Employment Documentation Hassles – Validates income and employment against data containing over 23 million+ employers and 312 million+ income reports instantly without paystub requirements, while screening against 14,000+ known fake employers.

    “This partnership with Morgan Auto Group demonstrates our commitment to protecting dealerships from the growing wave of fraud affecting the auto industry,” said Tim Grace, CEO of Point Predictive. “By combining BorrowerCheck’s comprehensive fraud detection with IEValidate’s frictionless income verification, we’re providing Morgan with the tools to significantly reduce buyback risk while creating a seamless experience for legitimate buyers.”

    BorrowerCheck transforms the car buying process through a comprehensive fraud detection platform. The solution identifies potential fraud across multiple dimensions—including identity theft, synthetic identities, and income misrepresentation—while replacing cumbersome knowledge-based surveys with a simple one-time passcode sent directly to the customer’s phone.

    IEValidate eliminates the need for dealers to collect and verify paystubs. IEValidate instantly validates income, occupation, and employment history by cross-referencing Point Predictive’s proprietary database of more than 312 million income reports and 23 million employers. These solutions allow dealers to simultaneously reduce fraud losses while removing the friction points that traditionally drive customers away.

    As one of the automotive industry’s most forward-thinking leaders, Morgan Auto Group continues to set the benchmark for running a profitable and safe dealership operation. While many dealers still rely on outdated fraud detection methods developed decades ago, Morgan Auto Group’s approach is positioning them to capture market share safely from other dealerships. This strategic investment in fraud prevention technology not only protects their impressive 77-dealership operation but also reaffirms their reputation as the dealership group that others look to for tomorrow’s best practices.

    About Point Predictive

    Point Predictive powers a new level of lending confidence and speed through artificial intelligence, powerful data insight from our proprietary data repository, and decades of risk management expertise. The company’s data and technology solutions quickly and accurately identify truthful and untruthful disclosures on loan applications. As a result, lenders can fund most loans without requiring onerous documentation, such as pay stubs, utility bills, or bank statements, improving funding rates while reducing early payment default losses. Subsequently, borrowers get loans faster, and lenders realize a more profitable bottom line. For more information, please visit www.pointpredictive.com.

    About Morgan Auto Group

    Morgan Auto Group is one of the largest automotive dealer groups in the nation, with dealerships across Florida offering a wide selection of new and pre-owned vehicles. The group is committed to providing exceptional customer service and creating a streamlined, enjoyable car-buying experience. Morgan Auto Group’s dedication to innovation and customer satisfaction has established it as a leader in the automotive retail industry. For more information, please visit www.morganautogroup.com.

    The MIL Network

  • MIL-OSI Africa: First Arab scholarship launched to support students at Tsinghua University in China

    • The Hazem Ben-Gacem Arab Scholars Program will support up to 15 students every year for five years through Undergraduate and Postgraduate Programmes at Tsinghua University in China.
    • The Scholar’s Program is available to students from Arab League countries.
    • The scholarship strengthens ties between the Arab States and China, giving students access to one of the most prestigious universities in China.

    Distinguished ambassadors, dignitaries, and academic leaders gathered on Thursday, 26th June, at Tsinghua University in China (www.Tsinghua.edu.cn) to mark the official launch of the Hazem Ben-Gacem Arab Scholars Program, a landmark initiative to empower students from Arab League countries through world-class education while fostering academic excellence and cross-cultural collaboration.  

    This year, the Scholars Program will support six students from Arab League nations who are pursuing postgraduate courses at the historic university. This program is understood to be the first scholarship established at Tsinghua University specifically for students from Arab nations and aims to strengthen Sino-Arab relations.

    Tsinghua University is a top-ranked Chinese university with a strong reputation in technology and engineering, often compared to MIT. Established in 1911, Tsinghua University has 20 colleges and 90 undergraduate programs, enabling it to offer a wide array of academic disciplines. Tsinghua alumni have made significant contributions to the economic, cultural, and technological development of China and also represent many of the nation’s political elite.

    Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital, said: For more than a thousand years, the Arab region and China have been bound by a vibrant exchange of goods, knowledge, and cultural dialogue. By enabling exceptional Arab students to study at Tsinghua, China’s pinnacle of academic excellence, we aim to develop leaders who will carry forward this agelong spirit of curiosity and collaboration, ensuring that the Arab-China relationship evolves as a beacon of cooperation in an increasingly fragmented world.”

    Professor Yang Bin, Vice Chancellor of Tsinghua University Council, expressed the university’s sincere gratitude for Mr. Hazem Ben-Gacem’s generous donation. He noted that in recent years, Tsinghua has implemented a series of strategic initiatives to enhance its global impact, with particular emphasis on deepening engagement and cooperation with Arab League member states, which has significantly advanced cultural exchanges between both sides. The newly established Hazem Ben-Gacem Arab Scholars Program, funded by Mr. Hazem Ben-Gacem’s donation, will support six incoming full-time master’s students from Arab League countries. Professor Yang emphasized that this initiative will not only motivate recipients to pursue academic excellence but also serve as an important milestone in strengthening the friendship between Tsinghua and the Arab world. It vividly embodies the shared values of openness, inclusiveness, mutual respect, and the pursuit of common progress across cultures and borders.

    The Hazem Ben-Gacem Arab Scholars Program will begin this academic year (2025-2026).

    Distributed by APO Group on behalf of Tsinghua University Education Foundation (TUEF).

    Media contact:
    Leila Ben Hassen
    leila@Bluejaycommunication.com

    Hashtags:
    #Education #Scholarship #ArabScholarsProgram #Philantropy #TUEF

    About Hazem Ben-Gacem:
    Hazem Ben-Gacem is the Founder and Chief Executive of BlueFive Capital. Until September 2024, he was co-Chief Executive Officer at Investcorp, the Middle East’s largest non-sovereign private equity firm, chairing most of its private equity and infrastructure investment committees and overseeing all Investcorp’s activities in the Middle East, South East Asia, Japan, and China. Prior to that, Hazem led Investcorp’s European private equity and its global technology investment businesses. During his 30-year tenure, Hazem directly led over 40 private equity investments across most world regions. Hazem began his career in New York as a member of the M&A team at Credit Suisse First Boston.

    Hazem has previously been a donor for different scholarship programs with Harvard University, Harvard Medical School, Harvard Kennedy School, and Oxford University.

    Hazem serves on the Executive Boards of the Harvard Kennedy School of Government and St Anthony’s College at Oxford University, and the Dean’s Council of the Harvard Medical School. In 2017, he founded the Harvard Office in Tunisia, the first formal presence for Harvard in the Arab world.

    For more information, please visit www.BlueFiveCapital.com

    About Tsinghua University Education Foundation (TUEF):
    Founded in 1994, it is the first university education foundation established in China following the reform and opening up of China. The objective of TUEF is to foster the development of education in China, improve educational quality and academic research, advocate the culture and vision of Tsinghua University, and strive for philanthropic support from domestic and international organizations and individuals.

    TUEF actively raises social resources, constantly optimizes project management, and steadily promotes the preservation and appreciation of value in efforts to help Tsinghua University move towards the goal of becoming a globally leading university. TUEF fully leverages the advantages of scientific and technological talents in Tsinghua University, supports public welfare services, and boosts social progress and human welfare through the development of education.

    For more information, please visit www.Tsinghua.edu.cn

    MIL OSI Africa

  • MIL-OSI United Kingdom: Peter Kyle’s speech at CityWeek 2025

    Source: United Kingdom – Government Statements

    Speech

    Peter Kyle’s speech at CityWeek 2025

    Secretary of State for Science, Innovation, and Technology, Peter Kyle, delivered a speech at the CityWeek 2025 on Tuesday 1 July 2025.

    Last week, I represented the British government on a trip to Singapore.

    I was there to celebrate 60 years of partnership between our 2 countries.

    And drum up investment into British technology.

    It was my first time in Singapore.

    And it struck me that it’s a place that has mastered the art of reinvention.

    From traditional fishing village to global financial centre.

    Small trading post to one of the most competitive economies in the world.

    An economy that, like ours, knows that the key to staying competitive is being squarely focussed on the future.

    It’s a similar idea that brings us together today.

    Because this is a sector that’s also defined by an ability to reinvent itself.

    Where centuries-old banks have had to rip up the playbook.

    To compete with nimble, digital-first firms.

    And where new technologies have made the way you work unrecognisable from how it once was.

    One of my first proper jobs was in a finance team.

    It was 1989, and I worked in the purchase ledger at The Body Shop – a hero of the British high street at the time.

    I matched goods that came in with invoices.

    And inputted all of that into an arcane mainframe computer.

    I’m sure quite a few of you will remember those days.

    And the change after change you’ve seen your institutions through since.

    Because before PIN codes, there was paper.

    Before blockchain, there were books of accounts that landed with a thud on the desk.

    Before cashless, there was ‘Cashier number 3 please’.

    These are changes that financial services firms have not just weathered, but pioneered.

    To keep this sector as the engine of economic growth it truly is.

    And to keep creating products that improve the lives of working people.

    Over the past few years, another change has rippled through the sector:

    AI has reshaped what’s possible.

    And there’s not a sector of our economy it will leave untouched.

    There’s a simple difference between this change and those that came before:

    Sheer speed.

    In past waves of transformation, industry and the state alike could afford to dip a toe in.

    To spend a few years seeing how the water feels.

    This time, we need to jump.

    Since joining government, I’ve been clear that the UK will not be swept along as others lead the AI revolution.

    We’ll shape that revolution here.

    6 months ago, we launched the AI Opportunities Action Plan.

    Setting out how the UK will seize the massive potential for economic growth that AI offers us.

    Growth that’s at the heart of our Plan for Change.

    Since that launch, we’ve opened up applications for areas in the UK to become AI Growth Zones – hotspots of AI infrastructure and investment.

    And had over 200 responses.

    The full weight of government is behind the plan.

    With the Chancellor announcing £2 billion to deliver it, as part of the Spending Review.

    And a Modern Industrial Strategy that doubles down on our commitment to AI

    …as one of the 6 frontier technologies our digital and tech sector plan focusses on.

    Crucial to that plan is adoption.

    Because talking about the power of AI to grow the economy is all well and good.

    But unless companies use it, that growth only exists in theory.

    Not in practice.

    Financial services is at the front of the pack here.

    Around 3 quarters of firms surveyed by the Bank of England the Financial Conduct Authority (FCA) already use AI.

    That’s the 3rd highest rate of adoption across the economy.

    That doesn’t surprise me in the slightest.

    The UK led the world in open banking.

    We led the world in near-instant digital payments.

    And our reputation in fintech is second-to-none.

    The most valuable private tech company in Europe is Revolut, a British fintech.

    Our fintech crown is one I’m infinitely proud of.

    If we’re to hold on to it, you need a government that continues to back you.

    That doesn’t just call for you to keep exploring new technologies.

    But actively enables you to do it.

    When I talk to firms about adoption, they tell me about 2 barriers more than any other.

    A lack of skills.

    And finding their way through a web of complex regulation.

    On skills, we’re partnering with 11 major tech companies to train 7.5 million workers in the UK with essential AI skills by the end of this decade.

    So that a lack of expertise will never put a ceiling on what you can do.

    Regulation shouldn’t be that ceiling, either.

    In her Mansion House speech last year, the Chancellor set out a vision:

    For a regulatory environment that cares about managing the burden we put on businesses.

    Since then, she’s launched a radical action plan on regulation to kickstart growth.

    My part in that is making sure we ease the burden on businesses when it comes to adopting emerging tech.

    About 9 months ago, I launched the Regulatory Innovation Office.

    A dedicated unit to curb red tape.

    And get game-changing tech into the public’s hands quickly and safely.

    It’s already delivered results.

    Apian, a British start-up founded by NHS doctors, is now freed up to use drones to take blood samples from Guy’s Hospital in London Bridge, over to a lab in St. Thomas’ for testing.

    Before the NHS had the okay to work with them, those samples were carted over in vans.

    The journey took around half an hour.

    More if they were snarled up in traffic.

    After support from Regulatory Innovation Office (RIO) and the Civil Aviation Authority (CAA), each delivery now takes just 2 minutes.

    Beds are freed up faster.

    NHS waiting lists go down.

    And a crucial difference is made for patients where every second counts.

    Thanks to RIO’s close work with regulators, companies have made advances like these in fields like space or engineering biology, too.

    But I want more sectors to benefit from the breath of fresh air it offers.

    Instead of being stifled by a blanket of bureaucracy.

    So, today, I can announce that RIO is joining forces with digital regulators.

    To consolidate a labyrinth of regulation, and make it easier for innovators to bring AI products to market quickly and easily.

    This marks a significant boost for fintechs.

    Right now, your efforts to use emerging tech can get mired in a lack of clarity.

    Because there’s no single port of call on what you can do with AI.

    You’re left going from regulator to regulator, picking your way through different sets of rules.

    For start-ups and scale-ups without big legal teams, that’s nigh-on impossible to navigate.

    And for bigger banks and firms, it’s days of productivity sunk.

    Now, RIO is teaming up to the Digital Regulation Cooperation Forum (DRCF).

    To bring all of that guidance together into a one-stop shop.

    A digital library that lets you quickly search for answers.

    These are changes that firms of all shapes and sizes can take advantage of.

    Up-and-coming fintechs to household-name banks will go from idea to impact faster:

    Using AI to spot credit card fraud hours before humans can alone.

    To get instant answers to your customers.

    To analyse stocks, so people can get more out of their investments.

    We’re clearing the path for you to harness AI to stay ahead of the game.

    And to make people’s lives fundamentally better.

    Because I know this is a sector that will keep reinventing itself.

    Just as I know that AI will continue to bring profound, positive change to the UK.

    With the right backing on adoption…

    Access to skills…

    And clarity on regulation…

    We’ll make sure that this isn’t just a change that fintechs and banks are part of.

    But a change that you lead.

    Updates to this page

    Published 1 July 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Jobs boost as UK and Kenya bolster economic and security partnership

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Jobs boost as UK and Kenya bolster economic and security partnership

    The UK and Kenya have agreed new deals to bolster the economic and security partnership between the two countries.

    • Trade and investment deals agreed during the visit will contribute over £1bn to the UK economy and create UK jobs in engineering, defence industries, technical and advisory services, and financial services 
    • The UK and Kenya will also increase collaboration to tackle organised crime, human trafficking and illicit finance through the UK-Kenya Security Compact 
    • The UK and Kenya will commit to a new Strategic Partnership as Kenyan President Ruto visits London

    The UK and Kenya will commit to working together to drive economic growth, protect climate and nature, foster collaboration in science and technology and strengthen regional security. 

    During a visit to the UK by the President of Kenya, a pipeline of trade and investment deals worth over £1bn to the UK economy were agreed which will deliver on this government’s commitment to boost jobs and prosperity back in the UK, as part of the government’s Plan for Change. 

    This includes the launch of a tender for a major urban redevelopment project in Nairobi which has been inspired by the regeneration of London’s Kings Cross.

    The Nairobi Railway City project has already provided opportunities to UK businesses with British architecture firm Atkins UK chosen to design the central rail station and public square.

    The Government of Kenya is exploring funding the project through finance mobilised by the UK’s Export Credit Agency, UK Export Finance, which will create UK jobs in engineering, technical and legal services. 

    Both countries also agreed stronger cooperation to disrupt the air, land and sea routes used by organised crime groups to prevent illegal migrants transiting through Kenya in attempts to reach Libya and other countries before travelling on to Europe. Four of the top ten countries for Small Boat arrivals in the UK are near neighbours of Kenya (Eritrea, Sudan, Somalia and Ethiopia).

    Foreign Secretary, David Lammy, said:

    Through our shared history and values the UK and Kenya have always had a close connection.

    Now we are building a shared future; a modern, innovative and respectful partnership which is delivering real benefits – boosting growth and creating jobs for both Kenyans and the British people. We’re going far, together.

    The UK and Kenya have also committed to increased defence and counter terrorism collaboration, including joint training and the creation of a new counter insurgency, terrorism and stability operations centre.

    Defence sales worth over £70m were agreed during the visit supporting manufacturing jobs in County Durham, Northamptonshire and Surrey. Kenya hosts the UK’s most significant military footprint in Africa, including a facility that trains 3,000 UK troops a year. 

    The UK’s world leading financial services sector will also benefit; Lloyd’s of London will announce today that they will be joining the Nairobi International Finance Centre, which will deepen the partnership between two leading financial centres providing access to up to £500m of insurance market potential in Kenya and the East Africa region. 

    The two countries also committed to explore the potential of a bilateral digital trade agreement. Dubbed ‘Silicon Savannah’, the value of Kenya’s tech sector is projected to reach £11.5bn by 2032.

    A digital trade agreement will open up opportunities in the sector for UK Plc.

    Notes to Editors 

    • The projects quoted are examples of a pipeline of projects that both governments will be working towards.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Email the FCDO Newsdesk (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 1 July 2025

    MIL OSI United Kingdom

  • MIL-OSI: Odysight.AI (Nasdaq: ODYS) Added to the Russell Microcap® Index

    Source: GlobeNewswire (MIL-OSI)

    Omer, Israel, July 01, 2025 (GLOBE NEWSWIRE) — Odysight.AI Inc. (Nasdaq: ODYS), a pioneering developer of AI systems for Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM), was added to the Russell Microcap® Index, effective after the U.S. market opened on June 30 as part of the 2025 Russell indexes reconstitution.

    The annual Russell U.S. Indexes reconstitution captures the 4,000 largest US stocks as of Wednesday, April 30th, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

    “Inclusion in the Russell Microcap Index highlights the momentum we have built since our Nasdaq listing in February” commented Einav Brenner, CFO. “We believe this recognition enhances our visibility with institutional investors and underscores confidence in our long-term growth strategy. As we scale, we remain focused on delivering innovation, value, and sustained performance for our stakeholders.”

    Russell indexes are widely used by investment managers for index funds and as benchmarks for active investment strategies. Russell’s U.S. indexes serve as the benchmark for about $10.6 trillion in assets as of the close of June 2024. Russell indexes are part of FTSE Russell, the global index provider.

    About Odysight.AI

    Odysight.AI is pioneering the Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets with its visualization and AI platform. Providing video sensor-based solutions for critical systems in the aviation, transportation, and energy industries, Odysight.AI leverages proven visual technologies and products from the medical industry. Odysight.AI’s unique video-based sensors, embedded software, and AI algorithms are being deployed in hard-to-reach locations and harsh environments across a variety of PdM and CBM use cases. Odysight.AI’s platform allows maintenance and operations teams visibility into areas which are inaccessible under normal operation, or where the operating ambience is not suitable for continuous real-time monitoring.

    For more information, please visit: https://www.Odysight.AI or follow us on X (Formerly Twitter)LinkedIn and YouTube.

    About FTSE Russell, an LSEG Business

    FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

    FTSE Russell is wholly owned by London Stock Exchange Group. 

    For more information on the Russell Microcap® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

    Forward-Looking Statements

    Information set forth in this news release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Those statements are based on information we have when those statements are made or our management’s current expectation and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward- looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to the following: (i) market acceptance of our existing and new products, including those that utilize our micro Odysight.AI technology or offer Predictive Maintenance and Condition Based Monitoring applications, (ii) lengthy product delays in key markets, (iii) an inability to secure regulatory approvals for the sale of our products, (iv) intense competition in the medical device and related industries from much larger, multinational companies, (v) product liability claims, product malfunctions and the functionality of Odysight.AI’s solutions under all environmental conditions, (vi) our limited manufacturing capabilities and reliance on third-parties for assistance, (vii) an inability to establish sales, marketing and distribution capabilities to commercialize our products, (viii) an inability to attract and retain qualified personnel, (ix) our efforts obtain and maintain intellectual property protection covering our products, which may not be successful, (x) our reliance on a single customer that accounts for a substantial portion of our revenues, (xi) our reliance on single suppliers for certain product components, including for miniature video sensors which are suitable for our Complementary Metal Oxide Semiconductor technology products, (xii) the fact that we will need to raise additional capital to meet our business requirements in the future and that such capital raising may be costly, dilutive or difficult to obtain, (xiii) the impact of computer system failures, cyberattacks or deficiencies in our cybersecurity, (xiv) the fact that we conduct business in multiple foreign jurisdictions, exposing us to foreign currency exchange rate fluctuations, logistical, global supply chain and communications challenges, burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction and (xv) political, economic and military instability in Israel, including the impact of Israel’s war against Hamas and Hezbollah. These and other important factors discussed in Odysight.AI’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 26, 2025 and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Except as required under applicable securities legislation, Odysight.AI undertakes no obligation to publicly update or revise forward-looking information.

    Company Contact:
    Einav Brenner, CFO
    info@odysight.ai

    Investor Relations Contact:
    Miri Segal
    MS-IR LLC
    msegal@ms-ir.com

    The MIL Network

  • MIL-OSI: Beeline Strengthens Balance Sheet in June with $6.5M Capital Raise and Major Debt Reduction

    Source: GlobeNewswire (MIL-OSI)

    PROVIDENCE, R.I., July 01, 2025 (GLOBE NEWSWIRE) — via IBN — Beeline Holdings, Inc. (Nasdaq: BLNE), the fast-growing digital mortgage platform redefining the path to homeownership, today announced it has raised $6.5 million in fresh capital the last week of June through a combination of its At-The-Market (ATM) and equity line of credit (ELOC) programs during the final week of June.

    In parallel, the company aggressively reduced its debt by a total of $5.3 million during the first half of 2025—$1.3 million in Q1 and $4.0 million in Q2—bringing total debt owed to third parties down to just $2.3 million (not including its subsidiary’s mortgage warehousing line).  The company ended the quarter with over $6 million in cash.

    “These moves mark a defining moment for Beeline,” said Nick Liuzza, CEO of Beeline. “We’ve faced a tough macro environment over the last few years, but we stayed disciplined, focused, and innovative. Now, with interest rates expected to trend lower, we’re in our strongest financial position ever—bolstered by new equity offerings and the momentum building within our SaaS arm, Beeline Labs.”

    As of March 31, 2025, the company reported approximately $40 million in shareholders’ equity.

    “We’re currently trading at just 30% of book value,” added Chris Moe, CFO of Beeline. “At some point, the market will reflect the fundamentals. But for now, our priority remains executing on the business—becoming debt-free and achieving positive cash flow.”

    With inflation cooling and the Federal Reserve signaling potential rate cuts as early as Q3—fueled by political pressure and economic indicators—Beeline sees significant upside in both its mortgage origination engine and scalable SaaS infrastructure.

    About Beeline Financial Holdings, Inc.

    Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the lowering of interest rates, the potential for both of  the company’s real estate business lines, and the market reflecting the company’s fundamentals . Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “seem,” “potential,” “appear,” “continue,” “future,” believe,” “estimate,” “forecast,” “project,” and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the possibility that estimates, projections and assumptions on which the forward-looking statements are based prove to be incorrect, including the continued strength of the U.S. economy, reduced inflation rates, the future of U.S. tariff policy, and the success of the company’s home equity program.  See also the Risk Factors contained in our Form 10-K filed April 15, 2025 and other filings with the Securities and Exchange Commission. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Investor Relations – Contact

    investors@makeabeeline.com

    Media – Contact

    press@makeabeeline.com

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network

  • MIL-OSI: Siebert Financial Joins Russell 2000 Index, Strengthens Growth Strategy with Tech Investments

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and MIAMI, July 01, 2025 (GLOBE NEWSWIRE) — Siebert Financial Corp. (NASDAQ: SIEB) today announced its inclusion in the Russell 2000 Index, effective after the U.S. market closed on June 27, 2025, following the annual Russell U.S. Indexes reconstitution.

    The milestone aligns with Siebert’s aggressive push into technology and financial innovation. In June, the company launched an at-the-market (ATM) offering of up to $50 million to support strategic initiatives, including AI, digital assets, and potential acquisitions. In the same month, Siebert deepened its tech strategy through a key investment in FusionIQ, enabling modular, digital wealth solutions for its advisors and clients.

    John J. Gebbia, Chief Executive Officer of Siebert Financial Corp., said: “Inclusion in the Russell 2000 reflects our ongoing strategic transformation. We’re deploying new capital, investing in AI and digital assets, and forming lasting partnerships to achieve this goal. Siebert is constantly evolving to be ready for what’s next.”

    Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider.

    About Siebert Financial Corp.
    Siebert is a diversified financial services company and has been a member of the NYSE since 1967, when Muriel Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms.

    Siebert operates through its subsidiaries Muriel Siebert & Co., LLC, Siebert AdvisorNXT, LLC, Park Wilshire Companies, Inc., RISE Financial Services, LLC, Siebert Technologies, LLC, StockCross Digital Solutions, Ltd, and Gebbia Media LLC. Through these entities, Siebert provides a full range of brokerage and financial advisory services, including securities brokerage, investment advisory and insurance offerings, securities lending, and corporate stock plan administration solutions, in addition to entertainment and media productions. For over 55 years, Siebert has been a company that values its clients, shareholders, and employees. More information is available at www.siebert.com.

    About FTSE Russell
    FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

    For more information, visit FTSE Russell.

    Cautionary Note Regarding Forward-Looking Statements
    The statements contained in this press release that are not historical facts, including statements about our beliefs and expectations, are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements preceded by, followed by, or that include the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project,” “intend” and similar words or expressions. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements.

    These forward-looking statements, which reflect beliefs, objectives, and expectations as of the date hereof, are based on the best judgment of the management of Siebert. All forward-looking statements speak only as of the date on which they are made. Such forward-looking statements are subject to certain risks, uncertainties and assumptions relating to factors that could cause actual results to differ materially from those anticipated in such statements, including, without limitation, the following: economic, social and political conditions, global economic downturns resulting from extraordinary events; securities industry risks; interest rate risks; liquidity risks; credit risk with clients and counterparties; risk of liability for errors in clearing functions; systemic risk; systems failures, delays and capacity constraints; network security risks; competition; reliance on external service providers; new laws and regulations affecting Siebert’s business; net capital requirements; extensive regulation, regulatory uncertainties and legal matters; failure to maintain relationships with employees, customers, business partners or governmental entities; the inability to achieve synergies or to implement integration plans; and other consequences associated with risks and uncertainties detailed in Part I, Item 1A – Risk Factors of Siebert’s Annual Report on Form 10-K for the year ended December 31, 2024, and Siebert’s filings with the SEC.

    Siebert cautions that the foregoing list of factors is not exclusive, and new factors may emerge, or changes to the foregoing factors may occur that could impact its business. Siebert undertakes no obligation to publicly update or revise these statements, whether as a result of new information, future events, or otherwise, except to the extent required by the federal securities laws.

    Media Contact:
    Deborah Kostroun, Zito Partners
    deborah@zitopartners.com
    +1 (201) 403-8185

    The MIL Network

  • MIL-OSI: OSS Announces New $5 Million Order from the U.S. Navy

    Source: GlobeNewswire (MIL-OSI)

    ESCONDIDO, Calif., July 01, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced a new $5 million contract from the U.S. Navy to support the P-8A Poseidon Reconnaissance Aircraft. OSS expects the order to contribute to its revenue throughout 2025.

    Under the terms of the contract, OSS will deliver 61 military-spec data storage units to the U.S. Navy. These units are designed and manufactured by OSS and incorporate hot-swappable canisters of high-capacity NVMe flash storage. The design enables rapid removal and replacement for secure data offload and analysis in demanding airborne environments.

    “We are excited to announce OSS’s latest award from the U.S. Navy to support the P-8A Poseidon platform,” stated OSS President and CEO, Mike Knowles. “Our success on the P-8A program reinforces the value of our growth strategy as we pursue additional multiyear platform opportunities across defense and commercial markets. To date, OSS has received over $45 million in total contracted revenue to support this mission-critical aircraft. This continued investment is a testament to our rugged, enterprise-class capabilities and the vital role OSS plays in enabling C5ISR operations on advanced airborne platforms. The $5 million contract also strengthens our confidence in our ability to achieve our 2025 annual guidance.”

    The P-8A Poseidon is a long-range, multi-mission maritime patrol aircraft used for anti-submarine warfare, surveillance, and reconnaissance operations. OSS’s storage solutions play a key role in enabling secure, high-speed data capture and transfer necessary for the aircraft’s advanced sensor suite.

    About One Stop Systems
    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Words such as, but not limited to, “anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on the Company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved. Factors that may contribute to our plans or expectations not being achieved include but are not limited to the potential and/or the results of program awards and renewals with the U.S. Department of Defense and defense contractors, any actual revenue derived from the U.S. Navy order, the future adoption of technologies or applications that may compete with One Stop Systems’, and the expansion of the Company’s offerings and/or relationship with different branches of the U.S. Armed Forces and/or other geopolitical or economic instabilities. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    The MIL Network

  • MIL-OSI: eToro Secures $250 Million Revolving Credit Facility

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — eToro Group Ltd. (“eToro”, or the “Company”) (NASDAQ: ETOR), the trading and investing platform, today announced the closing of a new three year $250 million senior unsecured revolving credit facility (“the Facility”).

    The Facility provides eToro with greater financial flexibility to execute its long-term strategic growth objectives. The credit line remains undrawn at closing. eToro enters into the agreement with no outstanding debt and a strong liquidity position, including more than $736 million in cash, cash equivalents and short-term investments as of March 31, 2025.

    “This facility provides eToro with enhanced financial flexibility to support our long-term strategic growth initiatives. It further solidifies our robust liquidity profile and ensures we are well-positioned to execute on our plans for continued growth and expansion,” said Meron Shani, CFO, eToro.

    eToro entered into the Facility arranged by Citi, Bank Hapoalim, Bank Leumi, Deutsche Bank, Goldman Sachs, Mizuho Bank, Sumitomo Mitsui Banking Corporation, and UBS.

    Contact
    Media Relations – pr@etoro.com
    Investor Relations – investors@etoro.com

    About eToro
    eToro is the trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we’ve created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media center here for our latest news.

    Cautionary Language Concerning Forward-Looking Statements
    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding eToro’s financial outlook and market positioning. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “outlook,” “guidance,” “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “plan,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond eToro’s control. eToro’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to market volatility and erratic market movements; failure to retain existing users or adding new users; extreme competition; changes in regulatory and legal framework under which eToro operates; regulatory inquiries and investigations; eToro’s estimates of its financial performance; interest rate fluctuations; the evolving cryptoasset market, including the regulations thereof; conditions related to eToro’s operations in Israel, including the ongoing war; risks related to data security and privacy and use of OSS; risks related to AI; changes in general economic or political conditions; changes to accounting principles and guidelines; the ability to maintain the listing of eToro’s securities on Nasdaq; unexpected costs or expenses; and other factors described in “Risk Factors” in eToro’s Registration Statement on Form F-1, filed with the Securities and Exchange Commission (the “SEC”) on March 24, 2025, as amended, and declared effective by the SEC on May 13, 2025. Further information on potential risks that could affect actual results will be included in the subsequent filings that eToro makes with the SEC from time to time.

    Past performance is not necessarily indicative of future results. The forward-looking statements included in this press release represent eToro’s views as of the date of this press release. eToro anticipates that subsequent events and developments will cause its views to change. eToro undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. These forward-looking statements should not be relied upon as representing eToro’s views as of any date subsequent to the date of this press release.

    Source: eToro Group Ltd.

    The MIL Network

  • MIL-OSI: Sagtec Global (NASDAQ: SAGT) Accelerates Middle East Expansion with US$10 Million Smart Hospitality Tech Deal in UAE

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, July 01, 2025 (GLOBE NEWSWIRE) — Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable enterprise software solutions, today announced the signing of a US$10 million smart hospitality technology agreement with SMD Tech – FZCO, a UAE-based digital infrastructure firm. This major win represents a pivotal step in Sagtec’s expansion strategy across the Middle East and its entry into the high-growth hotel automation segment.

    Under the terms of the deal, Sagtec will develop and manage a next-generation Hotel Self Check-In/Out System across premium hospitality properties in the UAE. The project includes software licensing, systems integration, data analytics, and long-term service and maintenance, delivering an end-to-end solution that supports the region’s push toward smart tourism and contactless guest experiences.

    Contract Breakdown:

    • US$4 million – Licensing and custom software development
    • US$3 million – Five-year service and maintenance agreement
    • US$3 million – Five-year data hosting and analytics contract

    Over 60% of The Contract Value Represents Multi-Year Recurring Revenue Streams

    This latest development builds upon Sagtec’s May 2025 announcement of a US$30 million revenue pipeline stemming from the exclusive distribution of its Speed+ Smart Ordering System. The UAE partnership diversifies Sagtec’s SaaS verticals beyond Food & Beverage into the rapidly growing hospitality tech domain.

    “This strategic collaboration with SMD Tech not only affirms confidence in Sagtec’s innovation capabilities but also unlocks new market opportunities in one of the fastest-growing tourism economies in the world,” said Kevin Ng, Chairman, Executive Director, and Chief Executive Officer of Sagtec. “As the hospitality industry undergoes digital transformation, our tailored solutions are set to redefine how hotels operate and engage guests.”

    Sagtec’s comprehensive solution suite will include:

    • Integrated hotel check-in/out automation
    • Unified integration platform for backend operations
    • Automated room key card dispensing systems
    • CRM and POS modules optimized for hotel environments
    • Custom-built self check-in kiosks
    • Self Check-In Machine Operational Readiness Platform (ORP)

    Capitalizing on UAE’s Smart Hospitality Growth

    The UAE’s hospitality sector is undergoing a major digital transformation, fueled by government smart city initiatives, a post-pandemic travel rebound, and growing demand for seamless guest experiences. According to IMARC Group, the UAE hospitality market is expected to reach US$37.7 billion by 2033, growing at a CAGR of 5.2% from 2025 onwards.

    Sagtec’s latest offering is well-positioned to capitalize on this growth, addressing operational efficiency and customer experience simultaneously—key priorities for premium hospitality operators in the region.

    About Sagtec Global Limited

    Sagtec is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries. Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd.

    For more information on the Company, please log on to https://www.sagtec-global.com/.

    About SMD Tech – FZCO

    SMD Tech – FZCO is a technology-focused enterprise based in the United Arab Emirates, specializing in digital infrastructure, IoT solutions, and enterprise transformation. With a mission to empower businesses through innovative software and hardware integration, SMD Tech delivers cutting-edge solutions tailored to the region’s fast-evolving digital ecosystem. The company is committed to driving operational excellence and future-ready growth for its clients.

    Contact Information:

    Sagtec Global Limited Contact:
    Ng Chen Lok
    Chairman, Executive Director & Chief Executive Officer
    Phone: +6011-6217 3661
    Email: info@sagtec-global.com

    The MIL Network

  • MIL-OSI: Apollo Funds Complete Acquisitions of International Game Technology’s Gaming & Digital Business and Everi; Combined Enterprise to Operate as IGT

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and LAS VEGAS, July 01, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced the completion of the previously announced acquisitions of International Game Technology PLC’s (doing business as “Brightstar Lottery”) Gaming & Digital Business and Everi Holdings Inc. (“Everi”) by a holding company owned by funds managed by Apollo affiliates (the “Apollo Funds”). The all-cash transaction, valued at approximately $6.3 billion, brings together complementary businesses to form a privately held global leader in gaming, digital and financial technology solutions.

    The two companies will be integrated into a combined enterprise in the coming months. Headquartered in Las Vegas, the combined enterprise will operate under the IGT name, while retaining the Everi brand in select markets and product lines. IGT will be organized into three business units: Gaming, Digital and FinTech, creating a customer-first enterprise supported by a people-first culture that values talent, collaboration and innovation.

    “This is a defining moment for our industry,” said Nick Khin, Interim CEO of IGT. “By uniting two leading organizations, we are building an enterprise with the scale, talent and technology to lead the future of gaming. With Apollo’s support, we are very well-positioned to deliver exceptional content across land-based and digital experiences, along with integrated financial solutions and casino management that enhance the player journey and drive value for our customers. I’m honored to be part of this exciting chapter and to help shape the future of IGT.”

    As previously announced, Hector Fernandez is expected to assume the role of CEO of IGT in the fourth quarter of 2025, following the expiration of a customary non-compete period. Until then, Mr. Khin will lead the organization and transition into the role of CEO of IGT’s Gaming business unit upon Mr. Fernandez’s arrival.

    “Bringing together highly complementary businesses creates a more competitive, agile and well-capitalized platform built for long-term growth,” said Daniel Cohen, Partner at Apollo. “We are confident that IGT is well positioned to deliver differentiated content and capabilities that better serve customers across the globe. We look forward to working closely with Hector, Nick and the rest of the talented IGT team to lead the industry forward.”

    Effective today, Everi common stock has been delisted from the New York Stock Exchange. Everi stockholders are receiving $14.25 per share in cash, and International Game Technology PLC is receiving $4.05 billion of gross cash proceeds.

    Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel to the Apollo Funds.

    About IGT

    IGT is a leading global provider of gaming, digital and financial technology solutions, formed through the combination of International Game Technology PLC’s Gaming & Digital Business and Everi Holdings Inc. IGT’s offering spans gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty and player engagement solutions, enabling it to deliver integrated, customer-centric experiences across land-based and digital environments. Organized into Gaming, Digital and FinTech business units, IGT drives innovation, efficiency and value for casino, digital and hospitality operators worldwide. The company is headquartered in Las Vegas.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    Forward-Looking Statements

    This press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “foresee,” “intend,” “may,” “plan,” “project,” “should,” “will,” and “would” and the negative of these terms or other similar expressions. In addition, all statements regarding IGT’s business following its acquisition by the Apollo Funds are forward-looking statements. These forward-looking statements involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among other things, risks related to the ability to realize the anticipated benefits of the acquisitions; the ability to retain and hire key personnel; unexpected costs, charges or expenses resulting from the acquisitions; risks related to competition in the gaming and lottery industries; dependence on significant licensing arrangements, customers, or other third parties; economic changes in global markets, such as currency exchange, inflation and interest rates, and recession; government policies (including policy changes affecting the gaming industry, taxation, trade, tariffs, immigration, customs, and border actions) and other external factors that IGT cannot control; regulation and litigation matters relating to the acquisitions; unanticipated adverse effects or liabilities from business divestitures; risks related to intellectual property, privacy matters, and cyber security (including losses and other consequences from failures, breaches, attacks, or disclosures involving information technology infrastructure and data); other business effects (including the effects of industry, market, economic, political, or regulatory conditions); and other risks and uncertainties. Neither IGT nor the Apollo Funds intends to update or revise any forward-looking statements as a result of new information or future events or developments, except as required by law.

    Contacts

    For IGT
    Phil O’Shaughnessy
    VP Global Communications, Government Relations & Sustainability
    Toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
    Phil.oshaughnessy@igt.com

    For Apollo
    Noah Gunn
    Global Head of Investor Relations
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    (212) 822-0491
    Communications@apollo.com

    The MIL Network

  • MIL-OSI Africa: Petrol prices set to increase from Wednesday

    Source: South Africa News Agency

    The Department of Mineral and Petroleum Resources (DMPR) has announced that all grades of petrol, diesel, and illuminating paraffin are expected to increase from Wednesday, 2 July 2025, when the latest monthly price adjustments take effect.

    The retail price for Liquefied Petroleum Gas (LPG) is expected to decrease across the country, except in the Western Cape.

    The new fuel price adjustments are as follows: 

    • Petrol 93 (ULP & LRP): 55c increase.
    • Petrol 95 (ULP &LRP): 52c increase.
    • Diesel (0.05% sulphur): 82c increase.
    • Diesel (0.005% sulphur): 84c increase.
    • Illuminating Paraffin (wholesale): 67c increase.
    • Single Maximum National Retail Price for illuminating paraffin: 89c increase.
    • Maximum Retail Price of LPG: 57c decrease countrywide, excluding Western Cape where it’ll increase by R1.90 per kg.

    The department attributed the increases to a number of factors, including the recent increase in Brent Crude oil prices.

    “The average Brent Crude oil price increased from 63.95 US Dollars (USD) to 69.36 USD during the period under review. The main contributing factor is the recent geopolitical tension in the Middle East, between Israel and Iran, which raised fears of potential crude oil supply disruptions.

    “The average international petroleum product prices followed the increasing trend of crude oil prices. This led to higher contributions to the Basic Fuel Prices of petrol, diesel and illuminating paraffin by 68.45 cents per litre (c/l), 100.48 c/l and 83.20 c/l respectively. The prices of Propane and Butane decreased slightly during the period under review,” the DMPR said.

    Furthermore, a Supply Cost Recovery on Maximum Refinery Gate Price (MRGP) for LPGas that is imported through the Port of Saldanha Bay in the Western Cape province, has been approved.

    “The Minister has approved a 14% increase in Supply Cost Recovery on the MRGP of LPGas that is imported through the Port of Saldanha Bay (Western Cape) as an interim measure, for a period of 24 months. 

    “Accordingly, the interim MRGP in Western Cape will be R15.22 per metric ton (845.018 c/l), excluding VAT, for the period from the 2nd of July 2025 to the 5th of August 2025. Therefore, the Maximum Retail Price (MRP) of LPGas in Western Cape will be R36.08 effective from the 2nd of July 2025,” the department said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Global: In LGBTQ+ storybook case, Supreme Court handed a win to parental rights, raising tough questions for educators

    Source: The Conversation – USA – By Charles J. Russo, Joseph Panzer Chair in Education and Research Professor of Law, University of Dayton

    The parents who brought the case had requested that their children be excused when books with LGBTQ+ characters were used in class. SDI Productions/E+ via Getty Images

    The Supreme Court tends to save its blockbuster orders for the last day of the term – and 2025 was no exception.

    Among the important decisions handed down June 27, 2025, was Mahmoud v. Taylor – a case of particular interest to me, because I teach education law. Mahmoud, I believe, may become one of the court’s most consequential rulings on parental rights.

    An interfaith coalition of Muslim, Orthodox Christian and Catholic parents in Montgomery County, Maryland – including Tamer Mahmoud, for whom the case is named – questioned the school board’s refusal to allow them to opt their young children out of lessons using picture books with LGBTQ+ characters. Ruling in favor of the parents, the court found that the board violated their First Amendment right to the free exercise of religion by requiring their children to sit through lessons with materials inconsistent with their faiths.

    Case history

    The parents in Mahmoud challenged the use of certain storybooks that the board had approved for use in preschool and elementary school. “Pride Puppy!” for example – a book the schools later removed – portrays a family whose pet gets lost at a LGBTQ+ Pride parade, with each page devoted to a letter of the alphabet. The book’s “search and find” list of words directs readers to look for terms in the pictures, including “(drag) queen” and “king,” “leather” and “lip ring.” Other materials included stories about same-sex marriage, a transgender child, and nonbinary bathroom signs.

    Initially, school administrators agreed to allow opt-outs for students whose parents objected to the materials. A day later, however, educators changed their minds. School officials cited concerns about absenteeism, the feasibility of accommodating opt-out requests, and a desire to avoid stigmatizing LGBTQ+ students or families.

    In August 2023, a federal trial court rejected the parents’ claim that officials had violated their fundamental due process right to direct the care, custody and education of their children. The following year, the U.S. Court of Appeals for the 4th Circuit affirmed in favor of the board, finding that officials did not violate the parents’ rights to the free exercise of their religious beliefs, as protected by the First Amendment.

    A group of parents in Montgomery County, Maryland, protest the lack of opt-outs on July 20, 2023.
    Celal Gunes/Anadolu Agency via Getty Images

    On appeal, a 6-3 Supreme Court reversed in favor of the parents. Justice Samuel Alito, who authored the court’s opinion, was joined by Chief Justice John Roberts, plus Justices Clarence Thomas, Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett.

    Supreme Court

    In brief, the court held that by denying the parental requests to opt their children out of instruction inconsistent with their beliefs, school officials violated their First Amendment right to the free exercise of religion.

    Alito largely grounded the court’s rationale in a dispute from 1925, Pierce v. Society of Sisters of the Holy Name of Jesus and Mary, and even more heavily on 1972’s Wisconsin v. Yoder. Both cases recognize the primacy of parental rights to direct the education of their children. According to Pierce’s famous dictum, “the child is not the mere creature of the state; those who nurture him and direct his destiny have the right, coupled with the high duty, to recognize and prepare him for additional obligations.”

    In Yoder, Amish parents – an Anabaptist Christian community that avoids using many modern technologies – objected to sending their children to school after eighth grade because this would have violated their religious beliefs. The justices unanimously agreed with the parents that their children received all of the education they needed in their communities. The justices added that requiring the children to attend high school would have violated the parents’ rights to direct their children’s religious upbringing.

    Accordingly, the court acknowledged that the parental right “to guide the religious future and education of their children” was “established beyond debate.”

    Similarly, in Mahmoud the court declared that “the Board’s introduction of the ‘LGBTQ+-inclusive’ storybooks, along with its decision to withhold opt-outs, places an unconstitutional burden on the parents’ rights to the free exercise of their religion.”

    Thomas agreed fully with the court, yet wrote a separate concurrence, which emphasized “an important implication of this decision for schools across the country.” Citing Yoder, Thomas contended that rather than support inclusion, the board’s policy “imposes conformity with a view that undermines parents’ religious beliefs, and thus interferes with the parents’ right to ‘direct the religious upbringing of their children.’”

    Justice Sonia Sotomayor’s dissent, joined by Justices Elena Kagan and Ketanji Brown Jackson, feared “the result will be chaos for this Nation’s public schools. Requiring schools to provide advance notice and the chance to opt out of every lesson plan or story time that might implicate a parent’s religious beliefs will impose impossible administrative burdens on schools.”

    Supporters of LGBTQ+ rights demonstrate outside the U.S. Supreme Court during oral arguments in Mahmoud v. Taylor on April 22, 2025.
    Oliver Contreras/AFP via Getty Images

    She maintained that “simply being exposed to beliefs contrary to your own” does not violate a person’s free exercise rights. Insulating children from different ideas, she wrote, denies them of an experience that is crucial for democracy: “practice living in our multicultural society.”

    Implications

    After the decision was handed down, Montgomery County’s Board of Education issued a statement promising to “analyze the Supreme Court decision and develop next steps in alignment with today’s decision, and as importantly, our values.”

    Mahmoud raises challenging questions about the scope or reach of how far parents can question curricular content.

    On the one hand, parents should not be able to micromanage curricular content via the “heckler’s veto,” because this can lead to larger issues. Moreover, while Mahmoud concerns religious rights, what happens if parents question teachings based on another type of sincerely held belief – discussing war if they are pacifist, for example, or capitalism if they are socialists? While Mahmoud dealt with free-exercise rights, it may open the door to other types of First Amendment challenges from parents wishing to exempt their children from lessons.

    On the other hand, Mahmoud highlights the need to take legitimate parental concerns into consideration. While educators typically control instruction, how can they be respectful of parents’ rights as primary caregivers of their children when conflicts arise?

    Mahmoud may go a long way in defining parents’ free-exercise rights in public schools. Still, such disputes are likely far from over in America’s increasingly diverse religious culture.

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

    ref. In LGBTQ+ storybook case, Supreme Court handed a win to parental rights, raising tough questions for educators – https://theconversation.com/in-lgbtq-storybook-case-supreme-court-handed-a-win-to-parental-rights-raising-tough-questions-for-educators-260064

    MIL OSI – Global Reports

  • MIL-OSI Global: Invasive carp threaten the Great Lakes − and reveal a surprising twist in national politics

    Source: The Conversation – USA – By Mike Shriberg, Professor of Practice & Engagement, School for Environment & Sustainability, University of Michigan

    Invasive Asian carp are spreading up the Mississippi River system and already clog the Illinois River. AP Photo/John Flesher

    In his second term, President Donald Trump has not taken many actions that draw near-universal praise from across the political spectrum. But there is at least one of these political anomalies, and it illustrates the broad appeal of environmental protection and conservation projects – particularly when it concerns an ecosystem of vital importance to millions of Americans.

    In May 2025, Trump issued a presidential memorandum supporting the construction of a physical barrier that is key to keeping invasive carp out of the Great Lakes. These fish have made their way up the Mississippi River system and could have dire ecological consequences if they enter the Great Lakes.

    It was not a given that Trump would back this project, which had long been supported by environmental and conservation organizations. But two very different strategies from two Democratic governors – both potential presidential candidates in 2028 – reflected the importance of the Great Lakes to America.

    As a water policy and politics scholar focused on the Great Lakes, I see this development not only as an environmental and conservation milestone, but also a potential pathway for more political unity in the U.S.

    A feared invasion

    Perhaps nothing alarms Great Lakes ecologists more than the potential for invasive carp from Asia to establish a breeding population in the Great Lakes. These fish were intentionally introduced in the U.S. Southeast by private fish farm and wastewater treatment operators as a means to control algae in aquaculture and sewage treatment ponds. Sometime in the 1990s, the fish escaped from those ponds and moved rapidly up the Mississippi River system, including into the Illinois River, which connects to the Great Lakes.

    Sometimes said to “breed like mosquitoes and eat like hogs,” these fish can consume up to 40% of their body weight each day, outcompeting many native species and literally sucking up other species and food sources.

    Studies of Lake Erie, for example, predict that if the carp enter and thrive, they could make up approximately one-third of the fish biomass of the entire lake within 20 years, replacing popular sportfishing species such as walleye and other ecologically and economically important species.

    Invasive carp are generally not eaten in the U.S. and are not desirable for sportfishing. In fact, silver carp have a propensity to jump up to 10 feet out of the water when startled by a boat motor. That can make parts of the Illinois River, which is packed with the invasive fish, almost impossible to fish or even maneuver a boat.

    Look out! Silver carp fly out of the water, obstructing boats and hitting people trying to enjoy a river in Indiana.

    The Brandon Road Lock and Dam solution

    Originally, the Great Lakes and the Mississippi River were not connected to each other. But in 1900, the city of Chicago connected them to avoid sending its sewage into Lake Michigan, from which the city draws its drinking water.

    The most complete way to block the carp from invading the Great Lakes would be to undo that connection – but that would recreate sewage and flooding issues for Chicago, or require other expensive infrastructure upgrades. The more practical, short-term alternative is to modify the historic Brandon Road Lock and Dam in Joliet, Illinois, by adding several obstacles that together would block the carp from swimming farther upriver toward the Great Lakes.

    The barrier, estimated to cost US$1.15 billion, was authorized by Congress in 2020 and 2022 after many years of intense planning and negotiations. For the first phase of construction, the project received $226 million in federal money from the Bipartisan Infrastructure Law to complement $114 million in state funding – $64 million from Michigan and $50 million from Illinois.

    On the first day of Trump’s second term, however, he paused a wide swath of federal funding, including funding from the Bipartisan Infrastructure Law. And that’s when two different political strategies emerged.

    A brief documentary explains the construction of a connection between the Great Lakes and the Mississippi River basin.

    Pritzker vs. Whitmer vs. Trump

    Illinois, a state that has voted for the Democratic candidate in every presidential election since 1992, has the most financially at stake in the Brandon Road project because the project requires the state to acquire land and operate the barrier. When Trump issued his order, Illinois Gov. JB Pritzker, a Democrat, postponed the purchase of a key piece of land, blaming the “Trump Administration’s lack of clarity and commitment” to the project. Pritzker essentially dared Trump to be the reason for the collapse of the Great Lakes ecosystem and fisheries.

    Another Democrat, Gov. Gretchen Whitmer of Michigan, a swing state with the most at stake economically and ecologically if these carp species enter the Great Lakes, took a very different approach. She went to the White House to talk with Trump about invasive carp and other issues. She defended her nonconfrontational approach to critics, though she also hid her face from cameras when Trump surprised her with an Oval Office press conference. When Trump visited Michigan, she stood beside him as they praised each other.

    When Trump released the federal funding in early May, Pritzker kept up his adversarial language, saying he was “glad that the Trump administration heard our calls … and decided to finally meet their obligation.” Whitmer stayed more conciliatory, calling the funding decision a “huge win that will protect our Great Lakes and secure our economy.” She said she was “grateful to the president for his commitment.”

    Michigan Gov. Gretchen Whitmer greets President Donald Trump as he arrives in her state in late April 2025.
    AP Photo/Alex Brandon

    Why unity on carp?

    Whether coordinated or not, the net result of Pritzker’s and Whitmer’s actions drew praise from both sides of the aisle but was little noticed nationally.

    Trump’s support for the project was a rare moment of political unity and an extremely unusual example of leading Democrats being on the same page as Trump. I attribute this surprising outcome to two key factors.

    First, the Great Lakes region holds disproportionate power in presidential elections. Michigan, Wisconsin and Pennsylvania have backed the eventual winner in every presidential race for the past 20 years. This swing state power has been used by advocates and state political leaders to drive funding for Great Lakes protection for many years.

    Second, Great Lakes are the uniting force in the region. According to polling from the International Joint Commission, the binational body charged with overseeing waterways that cross the U.S.-Canada border, there is “nearly unanimous support (96%) for the importance of government investment in Great Lakes protections” from residents of the region.

    There aren’t any other issues with such high voter resonance, so politicians want to be sure Great Lakes voters are happy. For example, Vice President JD Vance has been particularly vocal about the Great Lakes. And Great Lakes restoration funding was one of the few things in the presidential budget that Democrats and Republicans agreed on.

    Both Pritzker and Whitmer likely had state-based and national motivations in mind and big aspirations at stake.

    Their combined effort has put the project back on track: As of May 12, 2025, Pritzker authorized Illinois to sign the land-purchase agreement he had paused back in February.

    And perhaps the governors have identified a new area for unity in a divided United States: Conservation and environmental issues have broad public support, particularly when they involve iconic natural resources, shared values and popular outdoor pursuits such as fishing and boating. Even when political strategies diverge, the results can bring bipartisan satisfaction.

    Mike Shriberg was previously the Great Lakes Regional Executive Director of the National Wildlife Federation, which entailed being a co-chair (and, for part of the time, Director) of the Healing Our Waters – Great Lakes Coalition.

    ref. Invasive carp threaten the Great Lakes − and reveal a surprising twist in national politics – https://theconversation.com/invasive-carp-threaten-the-great-lakes-and-reveal-a-surprising-twist-in-national-politics-257707

    MIL OSI – Global Reports

  • MIL-OSI Africa: Hlabisa extends deadline for submissions of Review of Local Government White Paper inputs

    Source: South Africa News Agency

    The Minister of Cooperative Governance and Traditional Affairs (CoGTA), Velenkosini Hlabisa, has announced an extension for submissions on the discussion document concerning the Review of the 1998 White Paper on Local Government (WPLG). 

    The new deadline for submissions is now set for 31 July 2025, an extension from the original deadline of 30 June 2025.

    “This decision follows heightened interest from stakeholders across the country and numerous requests for additional time to prepare and submit inputs. 

    “The ministry recognises the importance of inclusive participation in shaping a responsive and effective system of local governance and thus welcomes the active engagement from all sectors of society,” CoGTA said in a statement. 

    The department said the extension provides an opportunity for broader consultation and deeper reflection. 

    “We encourage all interested individuals and organisations to take full advantage of the additional time to submit their views. 

    “Your contributions are essential to strengthening the future of local government in South Africa.” 

    In April, Hlabisa officially published a discussion document on the Review of the 1998 White Paper on Local Government. 

    READ | Hlabisa to lead discussions with business on review of White Paper on Local Government

    According to the department, the review aims to inspire fresh thinking, facilitate honest reflection, and promote decisive action toward establishing a local government system that effectively serves the people of South Africa.

    Adopted in 1998, the White Paper served as a foundational blueprint for building democratic local governance in South Africa.

    However, the department believes there is growing recognition that the current model is no longer adequate to meet the evolving developmental and service delivery needs of communities.

    In addition, according to the department, persistent governance, financial, structural, and administrative challenges have undermined the ability of municipalities to deliver effectively on their mandates.

    Submissions may be sent via email to: WPLG26@cogta.gov.za; RichardP@cogta.gov.za or MaphutiL@cogta.gov.za. 

    Submissions may also be delivered by post to:

    The Minister of Cooperative Governance and Traditional Affairs
    Attention: Mr Thabiso Richard Plank (Project Manager: WPLG26 Policy Review), Private Bag X802, Pretoria, 0001

    Or delivered by hand to: 

    The Minister of Cooperative Governance and Traditional Affairs
    Attention: Mr Thabiso Richard Plank (Project Manager: WPLG26 Policy Review)
    87 Hamilton Street, Arcadia, Pretoria, 0001

    For further information, please visit the official COGTA website:
    https://www.cogta.gov.za/index.php/wplg-page/. – SAnews.gov.za

    MIL OSI Africa