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Category: Politics

  • MIL-OSI Russia: From the public sector to transport: which Moscow projects became laureates of the national IT award

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Laureates national award “Priority: Digital – 2025” included five capital projects. Among them are the first unmanned tram in Russia, the Mos.Cloud and Mos.Tech platforms.

    “Moscow presented solutions covering key areas – from public administration to transport and development of digital infrastructure. Together, these developments make the capital an even smarter, more comfortable and attractive city to live in. Thank you to the jury for the high assessment of our work!” – noted

    Natalia Sergunina, Deputy Mayor of Moscow.

    The Priority: Digital Award has been presented since 2015. This season, participants sent more than 200 applications. The best of them were selected by industry experts.

    “The first driverless tram in Russia, which we launched on behalf of Sergei Sobyanin, opened a new era of urban transport. This technology, unique to the whole world, belongs to the Moscow Government. And the SberTroika ticket system today operates in more than 30 regions of Russia. The recognition of these projects confirms the success of our strategy for the implementation and development of domestic IT solutions,” added the Deputy Mayor of Moscow for Transport and Industry

    Maxim Liksutov.

    The Moscow platform Mos.Oblako, which automates the work processes of city departments, won in the nomination “Enterprise Resource Planning (ERP) Systems”. Here you can plan a budget, keep accounting records, manage personnel and property. Mos.Oblako combines and structures data for all institutions, providing detailed analytics for making management decisions if necessary.

    In the category “Infrastructure solutions for a smart city”, the Mos.Tech technology platform was the best. It is based on more than 15 different projects that help develop and support the capital’s digital ecosystem: develop software, new services for residents, and maintain information systems.

    In the nomination “Marketing and promotion of digital technologies” the award was given to the popular science series “Moscow in digital”. Its release was timed to coincide with the 30th anniversary of the Runet. In the frame, the capital’s specialists tell how certain initiatives were created and implemented in everyday life. Each episode is dedicated to a certain area: healthcare, transport, culture, tourism and others.

    The winner in the Artificial Intelligence category was the first driverless tram in Russia. This is an innovative transport, the phased launch of which began in May 2024. The tram is equipped with four lidars, three radars and six cameras. Such a unique set of equipment is not used anywhere else in the world. The entire driverless technology belongs to the Moscow Government, and it is created by employees of the capital’s metro without the involvement of third-party organizations.

    The winner in the Digital Transformation nomination is SberTroika. This is a joint IT enterprise of Sber, the Government of Moscow and the Government of the Moscow Region, created in 2020. It is developing a unified ticket system based on the capital’s Troika card and sharing its successful experience with the regions of Russia. Today, the service’s geography includes more than 30 entities – from the Kabardino-Balkarian Republic to Primorsky Krai. Every day, the Moscow ticket system processes about three million non-cash transactions on weekdays and about 1.8 million on weekends.

    As specified inDepartment of Information Technology of Moscow, two more capital solutions received diplomas of the award nominees. This is the operating system “Moscow Electronic School” and service “Registration in the register “Social taxi”” on the mos.ru portal.

    Provision of socially significant services in electronic form and development of e-government infrastructure correspond to the objectives of the national project “Data Economy and Digital Transformation of the State” and the Moscow regional project “Digital Public Administration”.

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

    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/nevs/ite/155857073/

    MIL OSI Russia News –

    June 26, 2025
  • MIL-OSI Russia: Since the beginning of the year, Muscovites have received about 12 thousand applications for approval of apartment redevelopment

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    About 12 thousand online applications for approval of redevelopment were received from Muscovites in 2025. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “Currently, the service for registration of redevelopment in an apartment can only be obtained electronically; the application must be submitted and the documents sent on the official website of the Mayor of Moscow, where information on registration, terms of service provision and the decision taken will be available. City residents are actively using this opportunity: since the beginning of the year, about 12 thousand applications have been received,” noted Pyotr Biryukov.

    Muscovites began to apply for approval of planned works 15 percent more often – almost 5.7 thousand such applications were received. About 2.5 thousand times Muscovites applied to draw up an act on the work performed within the framework of the received permit, and 2.3 thousand – to eliminate violations and legalize previously completed redevelopment.

    About 1.4 thousand city residents have applied for legalization of redevelopment in a simplified manner – based on a sketch. According to Pyotr Biryukov, Muscovites have begun to actively use the opportunity to coordinate minor changes without developing a project, for example, dismantling or installing built-in wardrobes, installing or moving non-load-bearing partitions, moving openings, including doorways. In this case, there is no need to draw up a redevelopment project or a technical report; it is enough to independently prepare a sketch of the work performed and submit the corresponding application.

    For the convenience of the capital’s residents, the process of providing the service is being improved. Thus, in April of this year, the terms for coordinating planned and previously completed work were reduced from 30 to 20 working days.

    Moscow Mayor simplifies procedure for coordinating redevelopment in apartment buildings

    Interaction between State Housing Inspectorate of the City of Moscow (Moszhilinspektsiya)and the Federal Service for State Registration, Cadastre and Cartography (Rosreestr). Thanks to this, all changes are immediately entered into the Unified State Register of Real Estate. In addition, the list of works that are approved without developing a project has been expanded.

    A new service has recently been launched on the mos.ru portal “Navigator for redevelopment and re-planning of premises in an apartment building”. It helps those who plan to change the configuration of walls, partitions, door and window openings in an apartment, move or replace utility lines. The service will also be useful for city residents who have already made a redevelopment. By completing a short survey, the navigator helps determine which government service related to redevelopment and redevelopment should be requested on the mos.ru portal.

    Redevelopment according to the rules: a service for those who want to transform their apartment has been launched on the mos.ru portal

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, correspond to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

    Get the latest news quickly official telegram channel the city of Moscow.

    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/nevs/ite/155864073/

    MIL OSI Russia News –

    June 26, 2025
  • MIL-OSI Russia: Kenyan President Urges Restraint as New Protests Rise

    Translation. Region: Russian Federal

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

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

    NAIROBI, June 26 (Xinhua) — Kenyan President William Ruto called for calm and restraint after protests erupted in major cities of the east African country on Wednesday.

    “I call on all citizens to renounce violence and the destruction of public property. We have only one Kenya to build and its progress depends on our collective restraint,” Ruto said.

    While the Kenyan government has not yet released any casualty figures, local media reported that the chaos left two people dead, dozens of others injured and millions of dollars’ worth of property destroyed.

    Protests broke out in various cities, with thousands of people taking to the streets holding placards and chanting songs.

    According to local Citizen TV channel, one person was killed after police opened fire on protesters in Matuu town in Machakos county, while a student was killed in Molo town in Nakuru county.

    The protests were reported to coincide with a year in which Kenyans expressed their opposition to the Finance Bill 2024 through mass demonstrations, which eventually forced Ruto to scrap the bill.

    “We are here to remember those who died in 2024. It’s been a year since the protests began. People are still being kidnapped. It seems like nothing has changed,” said Cyril Kadome, one of the protesters.

    Business has been suspended in Nairobi, Kenya’s capital, as well as other major cities including Nyeri, Eldoret, Machakos, Mombasa, Kakamega, Narok, Kajiado and Kisii. –0–

    MIL OSI Russia News –

    June 26, 2025
  • MIL-OSI Russia: NATO countries agree to increase defense spending to 5% of GDP by 2035

    Translation. Region: Russian Federal

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

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

    THE HAGUE, June 26 (Xinhua) — Member countries of the North Atlantic Treaty Organization (NATO) have agreed to increase annual defense spending to 5 percent of gross domestic product (GDP) by 2035, according to a statement released Wednesday following a summit in The Hague, the Netherlands.

    According to the five-point statement, the new spending target would be divided into two key categories: 3.5 percent for core defense and 1.5 percent for other defense-related spending, including critical infrastructure, cybersecurity and defense industrial development.

    As specified in the document, the plan will be revised in 2029, taking into account the strategic situation and revision of potential targets.

    US President Donald Trump welcomed the agreement at a press conference following the summit, saying Washington had long borne a very large share of the alliance’s defence burden.

    He also criticised Spain as the only country refusing to fully meet its obligations.

    According to D. Trump, the United States is negotiating a trade agreement with Spain, and Madrid could “pay twice as much” through trade measures.

    Spanish Prime Minister Pedro Sanchez announced earlier on Sunday, ahead of the summit, that Spain had agreed with NATO to limit military spending to 2.1 percent of GDP.

    In his statement, P. Sanchez warned that “a rapid transition to 5 percent” would lead to higher prices and government spending, and reduce investment in important areas such as education and digital development.

    Calling the 5 percent target “disproportionate and unnecessary” for Spain, P. Sanchez stressed that Spain is “one of the five NATO countries with the largest number of troops deployed worldwide.” He also noted that “asymmetry within NATO is normal and inevitable,” citing the economic diversity among allies. –0–

    MIL OSI Russia News –

    June 26, 2025
  • MIL-OSI New Zealand: Sixty-seven more police join the blue family

    Source: New Zealand Police

    Deputy Commissioner Tania Kura, members of the police executive and wing patron former police officer, Glenda Hughes congratulated the 67 graduating constables from Wing 385 today. 

    Also attending the graduation and presenting the prize to the top award winner was Minister of Police Hon Mark Mitchell.

    Families and friends celebrated the newly attested police officers at Te Rauparaha Arena, Porirua this afternoon acknowledging the successful completion of their initial training course. 

    There are some likeminded individuals in the wing with 13 of the graduates having family members currently working in the New Zealand police.

    Four of those thirteen graduates were inspired by their fathers who are all constabulary working in Waikato District. The four new officers will be working in Waikato alongside their dads.

    One proud father is Senior Constable Ross Moratti. “I’m honoured that Jordan decided to follow in my footsteps, he’s worked incredibly hard and will be a really amazing officer.”

    Newly attested Constable Jordan Moratti says “Growing up seeing my dad in police gave me some encouragement to do the same. I really want to help people and I needed a job that was inspiring and challenging – like policing is.”

    Six wing members have family serving in police services in other parts of the world and twelve recruits were born overseas. 

    Two of the three award winners have made New Zealand their home.

    Top award winner and winner of the Driver Training Award is Australian born Sophie Eskrigge. She put her study skills from university to good use, by capturing the top of wing prize.  Sophie has a diverse education ranging from marine science, and chemistry, to finance and accounting and is now studying for a post graduate degree in property practice. She can now add initial policing skills and criminal law to that list of achievements thanks to her successful recruit training.
    “Graduation is just the beginning. From here on, we must prove ourselves worthy every single day to the people we now serve.”

    Sophie will be based in Auckland City District.

    Second Top Award and winner of the Physical Training and Defensive Tactics Award is Constable Holly Stuart.  She is originally from the United Kingdom and previously worked for the West Yorkshire Fire and Rescue service as a call handler, dispatcher, and on-call firefighter.  
    “College has taught me so much about myself as well as others. I’ve found new strengths and learnt from a very skilled bunch of instructors. The pride I feel from graduating after my 20 weeks and placing second overall in the wing, is an achievement that will stay with me for a lifetime. I’m so excited to start my journey in the community that I now call home here in Aotearoa.”

    Holly will be based in Central District.

    Leadership Award winner Constable David Afamasaga is a former Corrections Officer and Court Security Officer for the Department of Justice.  He’s also a former top sportsman and captained the Manu Samoa Rugy Sevens Team from 2017 to 2020 and 2022.  Like the other wing award winners David also won a second prize – the Firearms Award for wing 385.

    “I am truly honoured to receive this award, and be recognised by my peers and our sergeants, but I humbly take it on behalf of all my wing-mates. The hard work and dedication we’ve all put in to making it to our graduation day shows that everyone is a leader in their own right.”

    David will be working out of Counties Manukau District.

    Deployment:
    Tāmaki Makaurau a total of 23 and broken down as follows: Waitematā  9, Auckland District 1, Counties Manukau 13, Waikato  11, Bay of Plenty 9, Eastern 1, Central 3, Wellington 8, Tasman 1, Canterbury 3, Southern 8.
    The new constables will start their first week of duty in their Police districts from Monday 7 July 2025 and will continue their training on the job as probationary constables.

    All Awards: 
    Minister’s Award recognising top student and the Driver Training and Road Policing Practice Award: Constable Sophie Eskrigge posted to Counties Manukau District.
    Commissioner’s Award for Leadership and the Firearms Award: Constable David Afamasaga posted to Counties Manukau.
    Patron’s Award for second in wing recognising second top student and the Physical Training and Defensive Tactics Award: Constable Holly Stuart posted to Central District.

    Demographics:
    28.4 percent are female, 71.6 percent are male. New Zealand European make up 67.2 percent of the wing, with Māori 10.4 percent, Pasifika 6.0 percent, Asian 14.9 percent, Other 1.5 percent. 

    385 Wing Patron: Glenda Hughes:
    Glenda Hughes has had a multifaceted career in sports, law enforcement, media and public relations, and local and central government.
    Her athletic achievements as a Commonwealth Games shot put champion and captain of the New Zealand Athletics Team are paralleled by her years of service in the New Zealand Police, where she handled serious criminal investigations, including drug investigations and high-profile cases such as the Rainbow Warrior inquiry. She was on the frontline of the Springbok Tour and Bastion Point protests. 
    Beyond her police career, Glenda has made significant contributions in media as a consultant, journalist, and public relations expert who has trained New Zealand’s top athletes in media communications.
    She is the author of Looking for Trouble and has contributed to Last Man Standing by James Shepherd and Organized Deception: My Story by Sharon Armstrong, both focusing on the dangerous world of international drug trafficking.
    Her leadership roles include Independent Chairperson of the New Zealand Racing Board and the Racing Integrity Unit, a member of the New Zealand Parole Board, Trustee of KidsCan and Chair of Pet Refuge. These highlight her commitment to serving the community.
    Glenda’s academic background in sociology, criminology, and communications underscores her deep understanding of societal dynamics.
    Glenda values perseverance, integrity, compassion, and service. She credits her time in Police for her understanding of behaviours, motives, and options for handling various incidents. She believes Police offers a strong foundation for career development and the camaraderie fosters many lifelong friendships.

    ENDS

    Watch out for our Ten One story coming soon with more images and stories.

    If you’re interested in joining police check out newcops.govt.nz

    Issued by Police Media Centre

    MIL OSI New Zealand News –

    June 26, 2025
  • MIL-OSI United Kingdom: British Embassy Manila Celebrates the King’s Birthday 2025

    Source: United Kingdom – Executive Government & Departments

    World news story

    British Embassy Manila Celebrates the King’s Birthday 2025

    The British Embassy Manila hosted the King’s Birthday Party on 17 June to celebrate the 77th birthday of King Charles III.

    British Ambassador Laure Beaufils (right) and Incoming Philippine Secretary of Foreign Affairs Maria Theresa Lazaro (left) toast to the health of HM King Charles III and to the prosperity of the Filipino people.

    Nearly 600 guests including dignitaries from the Philippine Government, diplomatic missions, business leaders, and notable figures from the education, arts, sports, health, and civil society sectors attended the reception, which showcased the best of British   food, drink, culture, and tradition.

    The programme opened with the singing of the British and Philippine national anthems by renowned Filipino performing artist Carla Guevarra Laforteza. 

    Before the symbolic cutting of cake, British Ambassador Laure Beaufils led the celebratory toast to His Majesty, King Charles III. She stated:

    The UK and the Philippines are like-minded countries looking in the same way and pulling in the same direction, with shared values and shared outlook on the world. We believe in freedom, human dignity, the rule of law, democracy, and we believe that international law and the Rules-Based International System are the scaffolding that hold our world together.

    The celebration comes at a significant time in UK-Philippine bilateral relations, following the signing of the Joint Framework of Enhanced Partnership earlier this year. This agreement established a comprehensive roadmap for cooperation across political, economic, maritime, science and technology, and climate environment cooperation – reflecting the deepening strategic alignment between the two nations.

    Incoming Philippine Secretary for Foreign Affairs, Maria Theresa Lazaro remarked:

    Our Enhanced Partnership, launched in 2021 and its Joint Framework, signed in March this year, provides great promise to our sectoral cooperation. It allows to deliver respective gains that will further underscore practical cooperation between our agencies and promote our shared values in the region.

    The event also commemorated the culmination of Ambassador Beaufils’ posting in the Philippines. She noted:

    I know that UK-Philippines relationship will continue to thrive and grow in the years ahead – and while I may no longer be the UK ambassador to the Philippines, I will forever be an ambassador for the Philippines.

    The reception which was hosted by Filipino British actress Bela Padilla also featured a parade of waiters, serving signature dishes and drinks from Gordon Ramsay Bar and Grill Philippines. Musical performances inspired by British West End Musicals by Carla Guevarra Laforteza together with performer Gian Magdangal, and acclaimed Filipino musical director Rony Fortich concluded the formal ceremonies.

    This year’s King’s Birthday Party has been organised with the support of the following: San Miguel Corporation; PRU Life UK; BAE Systems; Shell Philippines; VFS; Standard Chartered; Pandiman; HSBC; BPI; BDO; Unilever. And in kind, Gordon Ramsay Bar and Grill Philippines, Diageo, Emperador Distilleries, Cebu Pacific, Philippine Airlines and Jollibee Foods Corporation with samplings by English Tea Shop, Hattingley Valley and British Chamber of Commerce.

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    Updates to this page

    Published 26 June 2025

    MIL OSI United Kingdom –

    June 26, 2025
  • MIL-OSI New Zealand: New Taranaki Mental Health Facility opens

    Source: New Zealand Government

    Minister for Mental Health Matt Doocey today officially opened Te Puna Wai Kātea, a new mental health facility set to improve mental health and addiction outcomes for people in the Taranaki region.

    “This new facility is designed to support people with mental health and addiction needs by helping them transition successfully back into the community,” Mr Doocey says.

    “The focus is on ensuring people receive not just clinical care, but also the wraparound rehabilitation support they need to live well in the community and achieve long-term improvements in their mental health and addiction outcomes.”

    Located on the Taranaki Base Hospital campus, Te Puna Wai Kātea is part of Health New Zealand’s Mental Health Infrastructure Programme and was delivered at a cost of around six million.

    The facility includes four short- to medium-term stay rooms, an activities room, family space, kitchen, dining, and living areas. It will open to patients from 1 July.

    “The team here will work closely with clinical services, whānau, and government agencies like MSD, Kāinga Ora, and Pathways to develop the most suitable tailored transition plans for each individual,” Mr Doocey says.

    “This Government is committed to delivering better mental health outcomes for New Zealanders through targeted investments, modern facilities and a clear focus on recovery and community reintegration.” 

    Note to editors: 
    •    Te Puna Wai Kātea achieved practical completion on 12 May 2025 and is one of 16 facilities being delivered through Health New Zealand’s Mental Health Infrastructure Programme to improve access to modern, fit-for-purpose mental health services across the country.
     

    MIL OSI New Zealand News –

    June 26, 2025
  • MIL-OSI: BPX Authorised to Operate UK Regulated Marketplace for Traditional and Tokenised Securities

    Source: GlobeNewswire (MIL-OSI)

    London, June 26, 2025 (GLOBE NEWSWIRE) — BPX is pleased to announce that it is authorised by the Financial Conduct Authority (FCA) to operate as a Multilateral Trading Facility (MTF), Alternative Investment Fund Manager (AIFM), Cryptoasset Exchange and Custodian Wallet Provider.

    With these institutional grade regulatory permissions in place, BPX is developing a fully integrated marketplace to support the entire lifecycle of a security. This includes issuance, trading and collateralised lending of traditional dematerialised and tokenised securities, alongside settlement and custody of tokenised securities.

    BPX is also the only FCA-authorised trading venue to have passed Gate 1 of the Bank of England and FCA’s Digital Securities Sandbox (DSS).

    BPX now enters its next phase: preparing for live operations and welcoming institutional participants to connect in anticipation of its first transaction.

    BPX’s mission is to enhance access and liquidity for Issuers and Investors in investment funds and digital assets. Its distributed ledger technology enabled platform enables efficient tokenisation at scale, broadening investment opportunities, unlocking new liquidity sources, and facilitating capital access.

    Dr. Robert Barnes, BPX Co-CEO, said: “Our vision is a marketplace of best practice, modernised for institutions, offering access through a single connection to a broader range of hard-to-access alternative assets, such as infrastructure and real estate investment funds, whether traditional or tokenised—available for issuance, trading, and use as collateral.”

    Ali Celiker, Co-CEO, added: “Our comprehensive regulatory permissions and integrated market infrastructure strongly position us to advance our mission: enhancing access and liquidity for issuers and investors, while leading the transformation of capital markets from legacy systems to tokenised workflows—firmly anchored in regulatory compliance and driven by innovation.”

    == ends ==

    Media Contact:

    Tina Kane
    tina.kane@therealizationgroup.com
    +44(0)7887947329

    About Us

    BPX is a regulated marketplace and infrastructure provider that aims to enhance access and liquidity for Issuers and Investors in Investment Funds and Digital Assets. Initial operations in the UK will focus on RWA-based funds, for example, real estate and money market funds, with expansion plans to other fund types and alternate investment products within a multi-jurisdiction UK and UAE offering.

    BPX is authorised by the UK Financial Conduct Authority (FCA) to operate as both a Multilateral Trading Facility (MTF) and an Alternative Investment Fund Manager (AIFM). In May, BPX was added to the UK’s Cryptoasset register, becoming only the third entity to receive approval in 2025, further strengthening its position at the intersection of the law, capital markets, and distributed ledger technology. Additionally, BPX has successfully passed Gate 1 of the Bank of England/FCA Digital Securities Sandbox (DSS) and is currently progressing its Gate 2 application. 

    Through this combination of permissions, BPX will optimise the end-to-end investment and securities lending lifecycle for Issuers and Investors.

    BPX is headquartered in London, with an entity established at the DIFC Innovation Hub in the UAE to support future expansion plans.

    Learn more: www.bpx.exchange

    Notes to Editors

    • 14 Jan 25 – Approved at Gate 1 of Bank of England/FCA Digital Securities Sandbox (DSS) –
      • The DSS was established to support the government’s objective of digitalising the UK’s financial market infrastructure. The DSS provides a regulated, live environment for exploring emerging technologies—particularly distributed ledger technology (DLT)—in the issuance, trading, and settlement of financial securities within the UK
    • FCA authorisations
      • 27 March 2025 – Multilateral Trading Facility (MTF)
      • 27 March 2025 – Alternative Investment Fund Manager (AIFM)
      • 29 May 2025 – Cryptoasset Exchange and Custodian Wallet Provider
    • Target audience:  Capital market participants such as;
      • Investment, Pension, hedge and mutual funds. sovereign wealth funds, wealth managers, private banks, insurance companies, family offices.
    • Legal-first, digital-first architecture, establishing standards in digital assets, innovating in cooperation with industry and regulators.
    • Single connection to fully integrated, hybrid marketplace for:
      • Traditional dematerialised and tokenised securities
      • Digital twinning of traditional securities, and digital-native securities
      • Exchange and OTC workflows for issuance, trading and securities lending
      • Execution to post-trade (e.g. notary, asset-servicing, settlement)
      • Interoperability with existing workflows.

    The MIL Network –

    June 26, 2025
  • MIL-OSI: Tryg A/S – Q2 2025 pre-silent newsletter

    Source: GlobeNewswire (MIL-OSI)

    Tryg will conduct pre-close analyst calls and meetings starting on 26 June, ahead of the Q2 2025 results, which will be released on 11 July. This newsletter aims to inform capital market participants of the key factors influencing the company’s recent financial performance.

    Insurance revenue growth

    Tryg maintains a balanced distribution of insurance revenue across the Scandinavian countries, with approximately 50% of revenue generated in Denmark, 30% in Sweden, and 20% in Norway. In Q2 2024, Tryg reported insurance revenue of DKK 9,545m.

    The commercial segment will experience a smaller spillover effect into 2025 of the derisking of the corporate portfolio carried out in 2024. In general, the group revenue development remains in line with recent development. Tryg reported a growth measured in local currencies of 3.7% in Q1 2025.

    When converting earnings from local currencies to DKK, Tryg’s reporting currency, the expected average value of SEK 100 is DKK 68.5 (64.5 Q2 2024), and NOK 100 is DKK 64.5 (64.2 Q2 2024).

    Claims environment

    Underlying claims development
    Tryg operates a stable business and recent trends in underlying performance should thus be considered reliable indicators for short-term trends. The Group’s underlying claims ratio was 66.8% in Q2 2024. At the capital markets day (CMD) on 4 December 2024, Tryg mentioned that it expects a broadly stable to slightly improving underlying performance in the new strategy period towards 2027. In Q1 2025, the Group underlying claims ratio improved 30 basis points and the Private underlying claims ratio improved 10 basis points.

    Weather claims
    For Q2, normalised weather claims amount to 10% of the annual DKK 800m guidance, equating to DKK 80m. As a reminder, the annual expectation for weather claims is split as follows (in percentages terms): 40% in Q1, 10% in Q2, 20% in Q3 and 30% in Q4. At the time of writing, weather claims expectations for the quarter remain in line with the guidance for the second quarter of the year.

    Large claims
    On an annual basis, Tryg provides guidance for large claims amounting to DKK 800m, evenly distributed across quarters. Occasionally, information about large claims may be available in mass media or local press.

    Interest rates development
    For Q2, it is expected an approximate discount rate of 2.5%. The discounting percentage was reported at 2.3% in Q1 2025.

    Run-off expectations towards 2027
    At the 2024 CMD, Tryg stated a long-term run-off expectation of ~2% towards 2027.

    Investment activities

    Tryg has divided its investment activities into a match portfolio (approx. DKK 46bn at Q1 2025) and a free portfolio (approx. DKK 16bn as per Q1 2025). As announced at the 2024 CMD, the free portfolio was derisked during Q4 2024 and now mainly consists of Scandinavian covered bonds and government bonds (approx. DKK 12bn) and the real estate portfolio (approx. DKK 3bn). As a rule of thumb, the return on bonds can be modelled with the following Bloomberg tickers, 50% NYKRCMB2 and 50% NYKRCMG2. For the real estate portfolio, a normalised annual return of 6.5% is assumed. The buyback program of DKK 2bn started in December will impact the size of the free portfolio accordingly over the quarter.

    The return of the match portfolio mainly consists of the return on premium provisions, which is expected at DKK 75m per quarter with the current level of interest rates.

    Additionally, the line ‘Other financial income and expenses’ is guided at DKK -90m per quarter and mainly consists of costs related to currency hedges, general balance sheet items and costs related to running the investment operation.

    Other income and costs

    Other income and costs are originally guided between DKK -350m and DKK -370m on a quarterly basis. This is primarily driven by amortisation of intangibles related to the RSA Scandinavia acquisition. The intangibles are booked in SEK and converted to DKK (the reporting currency of Tryg). The SEK strengthening experienced this year (while positive for the insurance service result and thus the overall Group result) impacts this line negatively, and therefore an additional FX-related impact of approx. DKK 15m should be added to the original guidance.

    Number of shares

    At the end of Q1 2025, Tryg reported 607,059,826 outstanding shares. In the second quarter, Tryg bought back a total of 4,091,106 shares, thus lowering the number of outstanding shares during the quarter. The DKK 2bn share buyback programme ended on 19 June 2025.

    Outlook statement from annual report 2024

    Tryg reported an insurance service result, adjusted for the more favourable-than-normal large and weather claims outcome, of around DKK 7.2bn in 2024 and it is now targeting its highest ever insurance service result of DKK 8.0-8.4bn in 2027. The insurance service result is expected to increase gradually throughout the strategy period.

    As announced in the newsletter dated March 2025, please note that 2024 financials have been restated due to changed inflation hedging. The newsletter can be found here: https://tryg.com/en/downloads-2025

    Tryg will publish the Group’s Q2 results for 2025 on 11 July 2025 at around 7:30 CET.

    Conference call

    Tryg will host a conference call on the day of the release at 10:00 CET. CEO Johan Kirstein Brammer, CFO Allan Kragh Thaysen, CTO Mikael Kärrsten and SVP Gianandrea Roberti will present the results in brief, followed by a Q&A session.

    The conference call will be held in English.

    Date 11 July 2025
    Time 10:00 CET
    Dial-in numbers +45 (DK) 78 76 84 90

    +44 (UK) 203 769 6819

    +1 (US) 646 787 0157

    Pin code       560768

    You can sign up for an e-mail reminder on tryg.com. The conference call will also be broadcast on this site. An on-demand version will be available shortly after the conference call has ended.

    All Q2 2025 material can be downloaded on tryg.com shortly after the time of release.

    Attachment

    • Tryg_AS_Presilent_letter_2025_Q2

    The MIL Network –

    June 26, 2025
  • MIL-Evening Report: As one of Shakespeare’s least performed plays, Coriolanus is startlingly relevant under Trump 2.0

    Source: The Conversation (Au and NZ) – By Kirk Dodd, Lecturer in English and Writing, University of Sydney

    Brett Boardman/Bell Shakespeare

    Coriolanus is one of Shakespeare’s least performed plays; perhaps because the hero is so pugnacious and classist, impressive in his strident vehemence, but lacking the vulnerability of a Macbeth or Othello.

    Set in the turbulent early Roman Republic (490s BC) – about 450 years before Caesar’s death – the play follows the glorious rise of Gnaeus Marcius Coriolanus, a terrifying war machine on the battlefield who could carve his way through enemy regiments.

    According to one site, the play has not been professionally staged outside the United Kingdom since 2000. This is only the second time Bell Shakespeare has performed Coriolanus, with their other production staged 29 years ago, in 1996.

    Directed by Peter Evans and starring Hazem Shammas, this Coriolanus delivers Shakespeare’s most consciously political play with an explosive energy that charts the hero’s psychological downfall.

    Published as a tragedy in the 1623 First Folio, Coriolanus can loosely be described as a history play. But it is more commonly recognised as one of Shakespeare’s Roman plays, alongside Julius Caesar, Antony and Cleopatra, and Titus Andronicus.

    War and exile

    Renamed “Coriolanus” after the town he most recently conquered (Corioli), occupied by the arch enemies of Rome (the Volsci), Coriolanus is a devoted son to his fiercely ambitious “tiger mum” Volumnia (Brigid Zengeni).

    Shakespeare was never shy about the feats of his warrior protagonists, describing Coriolanus’ ability as a war machine most memorably as:

    His sword, Death’s stamp,
    Where it did mark, it took; from face to foot
    He was a thing of blood, whose every motion
    Was timed with dying cries. Alone he entered
    The mortal gate o’ th’ city, which he painted
    With shunless destiny; aidless came off
    And with a sudden reinforcement struck
    Corioles like a planet.

    But Coriolanus, who was brought up to win every contest, is also an upper-class patrician, dismissively scornful of the common people’s plebeian rights in the burgeoning Roman Republic.

    Hazem Shammas as Coriolanus is a force to be reckoned with.
    Brett Boardman/Bell Shakespeare

    Coriolanus’s absolute refusal to flatter the plebeians – and so refusing their political influence – ignites a brutal conflict between populism and elitism that results in the people’s sway.

    Coriolanus is exiled from Rome, the very homeland he fought so valiantly to protect.

    Incensed, Coriolanus joins forces with Rome’s greatest enemy, the Volscian Aufidius (Anthony Taufa) and marches against Rome. This forces Coriolanus to confront his own loyalties to his formidable mother and to doting wife Virgilia (Suzannah McDonald), with tragic consequences.

    Wonderful performances

    Evans has loosely set this production in Europe in the mid-1990s, following the fall of the Berlin Wall, though this creates a vibe more than a direct correlation to events.

    Evans also designed the set, making dynamic use of a traverse stage that forces audiences to see each other across the divide. This enhances the sense of a sprawling populous while prompting reflections on our own political milieu. Audiences are told as they enter whether they will sit on the “plebeian” or “patrician” side: a fun ploy, but perhaps unnecessary.

    Stealing the show is a wonderful performance by Peter Carroll as Menenius, a sagely Roman senator who uses his charm and political tact to mediate between the patricians and the plebeians. Carroll brings great irony to the role, using eye-rolls and tutting even as he attends dutifully to the new political expectations of the tribunes.

    Peter Carroll as Menenius steals the show in a wonderful performance.
    Brett Boardman/Bell Shakespeare

    The tribunes Sicinius (Matilda Ridgway) and Brutus (Marco Chiappi) are performed as shabbier left-wing agitators pitched against the conservative patricians in formal dark suits (costumes by Ella Butler). This makes familiar the political and class tensions, and the layers and dramatic dimensions explored by Shakespeare.

    Zengeni brings tremendous heart to Coriolanus’s mother, Volumnia. She is especially good at applying a tiger mother’s pressure of unrelenting standards. There is no doubt that the shining elitism of her son was roughly forged by her sharp expectations.

    Shammas as Coriolanus is a force to be reckoned with. His rigid athleticism perfectly suits the superman heroics of this Roman warrior. His unabashed gesticulations are a welcome contribution to the sense of the lines he delivers.

    The shabby dress of the tribunes pitches them against the conservative patricians in formal dark suits.
    Brett Boardman/Bell Shakespeare

    Following a scene that ends with one of Coriolanus’s unleashed tirades against the plebeians, Shammas’ performance is so dynamic, and his invective so rigorously conveyed, it seems to remain on stage after he exits.

    A timeless tale

    There is some reluctance to physically depict the pitched battle of Corioli, which falls a bit flat and misses an opportunity to heighten the dramatic stakes. But this production does very well to animate the complex political and familial drivers that compel Coriolanus toward his inevitable end.

    As President Trump drops f-bombs because his real bombs did not make people do his bidding, this rare Shakespeare play becomes timeless.

    There has always been need to explore the tragic consequences of leaders who subjectively refuse the offers of diplomacy. Bell Shakespeare’s choice of scheduling war plays this season offers countless ways to reflect on our own world, and the populations of real people connected to the decisions of those in power.

    Coriolanus is at the The Neilson Nutshell, Sydney, until July 19, then touring to Melbourne.

    Kirk Dodd 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. As one of Shakespeare’s least performed plays, Coriolanus is startlingly relevant under Trump 2.0 – https://theconversation.com/as-one-of-shakespeares-least-performed-plays-coriolanus-is-startlingly-relevant-under-trump-2-0-257548

    MIL OSI Analysis – EveningReport.nz –

    June 26, 2025
  • MIL-OSI Asia-Pac: Speech by SITI at Innovation and Technology Scholarship 2025 Award Presentation Ceremony (English only)

    Source: Hong Kong Government special administrative region

    Speech by SITI at Innovation and Technology Scholarship 2025 Award Presentation Ceremony (English only)    
         Since its inception in 2011, the Innovation and Technology Scholarship has reached an exciting milestone – its 15th year, nurturing up to 375 I&T young talents so far. We have witnessed countless Scholarship alumni growing into leaders or experts in their respective fields. Their journeys are a testament to how far drive and determination can take us and I am sure that their stories will inspire more young people to dream big and keep striving.
     
         Hong Kong enjoys a unique advantage of having strong support from the motherland and close connection with the world, converging global innovation resources, including high-calibre talent. With staunch support of our motherland, the Hong Kong Special Administrative Region Government is committed to developing Hong Kong into an International I&T Centre. Tangible progress is already underway. Over the past two years, we have attracted over 200 I&T enterprises with high potential and representativeness to set up or expand their businesses here. Furthermore, the construction of the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone is in full swing. Expecting move-in from the second half of this year, the Park will serve as a bridgehead for I&T collaboration between the Mainland and Hong Kong.   
         Before closing, I would like to thank the Scholarship’s organiser, the Hong Kong Federation of Youth Groups, and the sponsors, the Hongkong and Shanghai Banking Corporation, the Innovation and Technology Commission, as well as members of the two Scholarship Selection Committees, and mentors from all sectors of society for your unfailing support in the past 15 years in nurturing talent together.
     
         As the video we just watched concludes, Let’s Make Change For Good! Together, we can shape a future where innovation uplifts lives and empowers generations to come. Thank you very much.
    Issued at HKT 13:22

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    June 26, 2025
  • MIL-OSI Australia: Interview – Sky News with Kieran Gilbert

    Source: Murray Darling Basin Authority

    KIERAN GILBERT: Let’s turn our attention to education. And the nation’s education ministers will hold their first gathering tomorrow since the Federal Election, that is. I want to go live to Adelaide. The Education Minister, Jason Clare, joins me.

    A big part of the lead-up to the election. I know that you and the Prime Minister were focusing on the deals done with the states on education funding arrangements, those Gonski reforms, as they’re known. But you’ve said you want it tied to reform, what sort of thing are you talking about on that?

    JASON CLARE, MINISTER FOR EDUCATION: Yeah, it’s important to make the point, this isn’t a blank cheque. The agreement that we’ve struck with every State and Territory over the course of the last 12 months represents the biggest extra investment by the Australian Government in our public schools ever. Something like an extra $16.5 dollars billion invested in our public schools over the next decade to finish the work that David Gonski started. But, I’ve been at pains to make the point that it’s not a blank cheque, that we want to tie this funding to real practical reforms, really to make sure that more kids finish high school. 

    Over the last decade, we’ve seen a drop in the number of kids finishing high school, particularly in public schools, from about 83 per cent down to 73 per cent, and we need to turn that around. And that requires reform not just at high school, but at primary school. One of the things we want to do is roll out a phonics check or a literacy check for kids in Year One, and that’s already underway, a lot of states are doing it this year, the others will roll it out from next year and that’s a 10 or a 15 minute check. It’s not a test, it’s not like NAPLAN, but it’s a tool for teachers to help, to make sure that they know where the children in their classroom are at and whether they need more support. And the next cab off the rank is a numeracy check, a similar sort of check, a tool for teachers to make sure that children are up to speed, where they need to be in Year One when it comes to numeracy adding up and counting. 

    Now, New South Wales have rolled out a pilot this year for about 169 schools of a check they’ve developed and they’ll roll that out across all public schools next year. We’re going to have a chat tomorrow about whether other states might be willing to pick that up as well next year.

    GILBERT: One of the other things I know that’s been out and I’m very interested, I think a lot of parents will be very keenly awaiting this bullying review. Give us an update on where that’s at. Will that be before the ministers tomorrow? Because, as you well know, this is something that everyone’s ultra sensitive about, particularly when you’re talking about social media these days and all the risks inherent with that.

    CLARE: I think that’s the big difference between what bullying was like when we were kids at school and what it’s like now. Bullying is cruel. It doesn’t just leave physical scars, it can leave invisible scars that can last a lifetime. And we’re not just talking now about push and shove in the playground or stealing someone else’s lunch money. At its most insidious, we’re talking about people using AI and deepfakes where they might take a photograph of a friend at school or someone at school, cut and paste their face and put it on the naked body of someone else and then splash that across the internet. And the impact of that can be extraordinarily harmful. We’ve seen recent examples of this applied to fellow students, but also to teachers and this review about what we do to tackle bullying in our schools needs to look at that as well as what happens actually in the school grounds. We’re never going to stamp it out entirely, but what this is about is making sure that where we can prevent it, we do. And what are the right responses for schools where there’s evidence of this sort of bullying happening.

    GILBERT: And on the issue of childcare centres, there have been reports recently about the mistreatment of children in care. I know that personal phones, for example, have been banned from childcare centres. What other reforms would you look at now off the back of this New South Wales response, led by New South Wales? But are you wanting to make it national and what other things you’re putting in place to ensure kids in childcare are receiving the protection they need as well?

    CLARE: Yeah, this is really serious. There’s more than a million families who’ve got their kids in childcare and early education at the moment. And the number one priority is to make sure that their children are safe. This is personal for me. I’m one of those parents who have my children in early education and care.

    In response to the arrest of that serial paedophile in Queensland a couple of years ago, we introduced some significant changes, including the banning of personal phones in childcare centres and beefing up, toughening up mandatory reporting, making that a requirement within 24 hours of where a serious event has occurred. But Four Corners had a report earlier this year which exposed some pretty terrifying and horrific examples of abuse in centres. In response to that, we announced that we’ll introduce legislation into the Federal Parliament that’s designed specifically to basically pull the money away from centres that aren’t up to quality standards or stop them from expanding, but also stop some of the bad actors that might be failing kids in childcare from then moving to another part of the care economy like the NDIS.

    And when that Four Corners report came out, two more things happened; the national regulator was asked to provide us with advice on what further steps we need to take. And NSW commissioned their own review by a former Deputy Ombudsman of NSW, Chris Wheeler. He delivered his report that was released today that sets out a number of things that we could do better, including more information for parents and beefing up penalties. And Chris Wheeler, as well as the national regulator, Gabrielle Sinclair, will brief ministers on their reports tomorrow so that we can build a roadmap for further steps and more reform to make sure that we keep our kids safe in early education and care.

    GILBERT: Yeah, indeed. And I know they’re a minority, but yeah, just ensure the dodgy operators do receive the appropriate penalties. Well, that’s good that that is a focus of that report. 

    I do want to conclude though, on tertiary education, there’s been a big focus on the salaries of Vice-Chancellors and suggestions that you might end up putting it in the hands of the remuneration tribunal as opposed to leave it up to university boards. What’s your thinking on that? Are you open to that?

    CLARE: This is one of the things I’ve asked an expert council on university governance to look at. They’re going to report to education ministers when we meet in October in a couple of months’ time. On its face, it makes sense to me when you think about it when it comes to politicians or judges or public servants, the remuneration tribunal plays a role in setting salaries there. So, it is the sort of thing that does make sense on its face. But we’ll wait to see what this expert panel recommends. We’ve asked them to look at that, as well as wage theft in our universities and ways to improve governance of our universities, full stop. You know, our universities do terrific work and this is all about setting them up..

    GILBERT: But it’s a way to ensure Vice-Chancellors pay doesn’t get out of hand.

    CLARE: I think that’s right. It’s about meeting community expectations. But it’s just one part of improving the governance of our universities and to be fair to the leaders of our universities I think they get that, and they’re leaning into this reform to make sure that we’re setting our universities up for the future.

    We’ve got data that we released yesterday that showed some good news that there are more Aussie students starting a degree at university this year than ever before when you take out those two COVID years, which are a bit of an anomaly. We think that we’re going to need more people in the years ahead to finish school and go to TAFE or go to university. So, more people going to university means universities are going to be even more important in the years ahead than they are today, and we’ve got to make sure that they’re fit for the future.

    GILBERT: Education Minister Jason Clare, thanks for making the time ahead of that important roundtable tomorrow with your colleagues. Appreciate it.

    CLARE: No worries. Thank you.
     

    MIL OSI News –

    June 26, 2025
  • MIL-OSI Russia: Central Asian media praises modern agriculture in Xinjiang

    Translation. Region: Russian Federal

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

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

    BEIJING, June 26 (Xinhua) — “The enormous scientific and technological power behind a single grain is amazing. It is the ‘golden key’ to food security. We applaud Xinjiang’s agriculture!” Arkady Gladilov, deputy editor-in-chief of the Slovo Kyrgyzstana newspaper, said Tuesday in Changji City, northwest China’s Xinjiang Uygur Autonomous Region.

    On Tuesday, 23 media representatives from Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkey visited Changji Hui Autonomous Prefecture in Xinjiang Uygur Autonomous Region to see and appreciate the achievements of local modern agriculture, according to the Zhongxinshe News Agency (China News).

    The delegation visited the innovative laboratory of the company “Jiushenghe Seed Industry Co., Ltd.”, where they got acquainted with the selection capabilities of the enterprise. The journalists visited the Research and Development Center in the field of seed production and inspected modern processing workshops, witnessing the process of breeding high-quality varieties of corn, wheat, cotton and the operation of fully automated production lines.

    According to the company’s director, relying on the advantages of the national breeding base in Changji, the enterprise has established cooperation in demonstrating and promoting seeds of elite varieties with a number of Central Asian countries, which in turn will effectively contribute to increasing the yield of local agricultural crops per unit area.

    A. Gladilov noted that Xinjiang is accelerating the implementation of agricultural science achievements and is working to create a unified platform for agro-technological developments focused on Central Asian countries. This will contribute to the modernization of the agro-industrial complex of Central Asian states, and the future in this direction is promising.

    The media also visited the Xinjiang Agricultural Expo Zone, where they were immersed in a realistic picture of the “farm of the future.” In the pavilions, they saw a bountiful harvest of tomatoes grown using hydroponic technology, and also watched how the Internet of Things systems monitored and automatically adjusted lighting, temperature, humidity, water and fertilizer supply in greenhouses in real time.

    The delegation representatives unanimously stated that the scale of implementation and effectiveness of smart agriculture in Xinjiang exceeded expectations. This experience is extremely important for the transformation of Central Asian farms. Xinjiang is not only a key corridor linking China with Central Asia, but also an important partner in promoting the region’s agricultural modernization. Xinjiang’s advanced practices, from key breeding technologies to intelligent field management models, deserve in-depth study. -0-

    MIL OSI Russia News –

    June 26, 2025
  • MIL-OSI USA: Rep. Kelly introduces bill to protect access to birth control

    Source: United States House of Representatives – Congresswoman Robin Kelly IL

    WASHINGTON – U.S. Rep. Robin Kelly (IL-02) introduced the Access to Birth Control Act, which would guarantee patients’ timely access to prescribed and over-the-counter birth control at pharmacies. Since the Supreme Court overturned Roe v. Wade three years ago tomorrow, refusals in pharmacies to fulfill a birth control prescription or purchase have increased.

    “Birth control is safe, effective, and essential for healthcare,” said Rep. Kelly. “No pharmacy employee or politician should weigh into such a private decision as to if or when to start a family. My bill removes barriers that obstruct a patient’s right to birth control so everyone can access birth control without intimidation, harassment, or discrimination.”

    According to the National Women’s Law Center, pharmacists have refused to fill prescriptions for birth control or provide emergency contraception over the counter to patients in 26 states and the District of Columbia. These refusals are based on personal beliefs and can negatively impact a patient’s health. Additionally, these refusals disproportionately affect people of color, low-income people, LGBTQ people, and those who live in rural and other underserved areas. 

    The Access to Birth Control Act has over 40 original cosponsors in Congress. It has been endorsed by 10 organizations including the National Family Planning and Reproductive Health Association, American College of Obstetricians and Gynecologists, and the National Health Law Program.

    MIL OSI USA News –

    June 26, 2025
  • MIL-OSI Russia: Unique services and additional services: the flagship office of “My Documents” in the South-West Administrative District turns seven years old

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The second flagship office of “My Documents” in a residential area of the capital appeared next to the metro station “Teply Stan” in the South-West Administrative District seven years ago. Since its opening, more than 1.3 million citizen requests have been recorded.

    One of the most popular services was the registration of property rights — it was used 160 thousand times. In addition, the service of issuing a driver’s license on the day of application is popular with residents. Over seven years, it was ordered 75 thousand times. The office provided the service of issuing a social card more than 67 thousand times.

    In all flagship offices, city residents can receive unique government services that are not provided in district centers. Among them are vehicle registration, state registration of legal entities and individuals as individual entrepreneurs and peasant (farming) households, legalization of documents, as well as guardianship and trusteeship services.

    Thus, at the flagship office of the South-West Administrative District, young Muscovites can receive their first Russian passport at a special presentation ceremony, and newlyweds can register their marriage in a non-ceremonial setting.

    Additional services also do not go unnoticed by residents. For example, over eight thousand people used the “My Photo” service, having their ID photo taken by a professional photographer. More than 12 thousand city residents also contacted the “My Health” office.

    In addition, in the office you can choose a travel package in the service “My Travel” and see the exhibition dedicated to outstanding figures of culture, science and history of our country. Now the exhibition tells about the life and work of Konstantin Simonov and Alexander Tvardovsky. The flagship office of the South-West Administrative District is also one of 30 government service centers, where the exhibition stand “Moscow – with care for history” is located. This year the exhibition is dedicated to the 80th anniversary of the Great Victory.

    Over 230,000 foreign passports have been issued to Muscovites through cryptobiocabs at government service centers in five years

    The flagship office of “My Documents” South-West Administrative District is open daily from 10:00 to 22:00 at the address: Novoyasenevsky Prospekt, Building 1, TRC “Spektr”, third floor.

    Quickly find out the main news of the capital inofficial telegram channel the city of Moscow.

    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/nevs/ite/155756073/

    MIL OSI Russia News –

    June 26, 2025
  • MIL-OSI Russia: Moscow — a city of youth: how the capital supports young entrepreneurs

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Moscow is a city of youth. In the capital, all areas for a comfortable and productive life are regularly developing – from education and career to leisure and self-realization. According to the Federal Tax Service andDepartment of Entrepreneurship and Innovative Development of the City of Moscow, more than a quarter of individual entrepreneurs (IE) in the capital are young people under 35. Among company managers, their share is about 17 percent.

    Youth entrepreneurship is becoming an important part of the Moscow economy. Business representatives under 35 are increasingly developing their businesses, using the capital’s support measures to achieve this goal. They receive active assistance from the city at the start and a real opportunity to turn their enterprise into a successful company.

    Support by surety

    One of the most popular instruments remains surety Moscow Guarantee FundThey significantly simplify access to the necessary financing and make it possible to obtain it even without sufficient collateral, especially in such capital-intensive areas as manufacturing and construction.

    In the first five months of 2025, for companies managed by executives under 35, the volume of financing attracted under the fund’s guarantee amounted to 1.3 billion rubles. This is 32 percent more than in the same period of 2024. Then the amount reached 983 million rubles. The data indicate an increase in trust in support tools and the active participation of young entrepreneurs in the development of Moscow business.

    The majority of the funds raised were directed towards the development of production projects – 43 percent of the total volume. Another 22 percent went to the trade sector, 12 percent to construction, and the remaining 23 percent was distributed among companies in other industries.

    Young Entrepreneurs: Success Stories

    Anton Ivanov, the founder of a Moscow company that produces sportswear under its own brand, has used the support of the Moscow Guarantee Fund twice. This allowed him to increase turnover and expand production. In two years, the company’s revenue has grown almost fourfold – from 66 to 289 million rubles.

    Another striking example is a company that produces nut butters and bars under its own trademarks. Since 2022, entrepreneur Yuliana Nikolaeva has regularly received support from the Moscow Guarantee Fund to attract the necessary financing, which has allowed the business to grow fourfold – without interrupting production or reducing product quality.

    The city provides young entrepreneurs not only with financial but also non-financial assistance. Thus, 14-year-old Lyudmila Sukhova, the owner of a playroom in one of the capital’s shopping centers, received support. Her interest in working with children was supported by her parents, who in the fall of 2024 helped her acquire a business and obtain the status of an individual entrepreneur. Specialists of the State Budgetary Institution “Small Business of Moscow” (MBM) consulted Lyudmila. They told her about tax regimes, reporting and existing support measures, and also helped her obtain the status of a social entrepreneur. Now the playroom is regularly visited by an average of 25 children or more every week.

    Andrey Archakov is an 18-year-old general director of a film company, a screenwriter and a director. Having started with dubbing at the age of 11, he has already shot two historical short films and registered an individual entrepreneurship to work on a full-length film. MBM specialists helped him with registration, documents and choosing a tax regime. Andrey is currently studying at the All-Russian State Institute of Cinematography named after S.A. Gerasimov and is working on a new film and a project based on a book by Sergei Lukyanenko.

    “Made in Moscow” as an opportunity to make a name for yourself

    The Made in Moscow project also provides free support to young entrepreneurs. Entrepreneurs can participate in industry exhibitions and large-scale city projects, such as “Summer in Moscow” and “Winter in Moscow”. And also to receive information support through special projects in the media and social networks. This allows them to place their products on the shelves of art pavilions and tell a wide audience about themselves in the media.

    The brand of high-tech clothing by 20-year-old Andrey Kolosov has become one of the examples of successful business development with the help of the Made in Moscow project. Andrey created the first batch of brand T-shirts with a grant of 50 thousand rubles, and then began to increase production capacity. Now his products can be purchased at the Green Market pavilion on Bolotnaya Square. The entrepreneur regularly participates in city events and demonstrates consistently high sales. The company’s income has grown from 50 thousand rubles in 2022 to three million rubles in 2024.

    In addition, in the “Green Market” and in the art pavilion “Bus of Beauty” you can find products of the brand, whose founder is 25-year-old Daria Yakovleva. The entrepreneur creates stylish accessories from velvet – cosmetic bags, folders for laptops and convenient shoppers. Thanks to the “Made in Moscow” project, the brand has already reached a new audience, increased recognition and increased revenue by 1.5 times.

    17-year-old businessman Dmitry Kalinin creates unique, hand-painted T-shirts. His brand’s products are distinguished by an exclusive pattern on each item. In the summer of 2024, his income reached 200 thousand rubles, which significantly exceeded the previous figure of 60 thousand rubles. In winter, the brand’s products could be found as part of the Winter in Moscow project at the Magic Market site on Bolotnaya Square.

    City of Opportunities

    Moscow is a city of youth. The capital offers wide opportunities for its development, creative self-expression, comfortable life and interesting leisure. The city has created the appropriate infrastructure, thousands of events of different scale and focus are held.

    In honor of Youth Day, themed events will be held at more than 250 city venues. As Sergei Sobyanin reported earlier, the flagship event will be festival, which will take place on June 28 and 29 at Bolotnaya Square. You can find more detailed information and a map with all city events on the portal “Youth of Moscow”.

    More information about opportunities for young residents of the capital can be found on the portal “Youth of Moscow” and its pages in social networks.

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

    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/nevs/ite/155821073/

    MIL OSI Russia News –

    June 26, 2025
  • MIL-OSI USA: Cantwell on Senate Floor: “The Medicaid Expansion Literally Kept People Alive. We Should Not Reverse That.”

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    06.25.25
    Cantwell on Senate Floor: “The Medicaid Expansion Literally Kept People Alive. We Should Not Reverse That.”
    Shares story of five-year-old Leda Winterrose of Richland, who depends on Medicaid for life-sustaining medical supplies; Cantwell warns of higher premiums for everyone: “When you increase the cost of uncompensated care … you increase everyone’s cost.”
    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and a senior member of the Senate Finance Committee, urged her colleagues to vote against cuts to Medicaid that would effectively reverse the expansion of the program under the Affordable Care Act.
    “The Medicaid expansion literally kept people alive. We should not reverse that. We’ve made great progress in the past 15 years to keep Americans healthier and financially secure,” said Sen. Cantwell in a speech on the Senate floor. “Allowing 16 million people, including 306,000 people from the state of Washington, to become uninsured is a bad idea. Without any alternatives, this will be a shock to our health care system. It will bring it to the breaking point and threaten the very lives of our constituents.”
    Sen. Cantwell also read a letter from Britton Winterrose of Richland, WA, father to five-year-old girl Leda Winterrose.
    Leda was born with a rare sleep disorder. “If she falls asleep without oxygen, she simply stops breathing, and will die,” her father wrote Sen. Cantwell. Leda spent the first 45 days of her life in intensive care.
    “The only path out of the hospital was a Medicaid waiver that paid for in-home nursing and life-support equipment,” wrote Britton Winterrose. “Medicaid gave us the opportunity to bring her home, surrounded by her siblings, surrounded by the normalcy and safety of parents that love her.”
    Sen. Cantwell warned that the uncompensated care costs created by stripping insurance coverages from millions of Americans will hurt everyone’s pocketbooks: “Hospital providers will have to shoulder an additional $36 billion in uncompensated care costs, and a portion of the costs will be recouped by increased premiums on employment-based insurance coverage,” the Senator said. “As a result, people with employment-based insurance will also see an additional anywhere from [$182] to $485 in annual cost increases. That’s what happens when you increase the cost of uncompensated care, and the system has to make up for it somewhere, you increase everyone’s cost.”
    Medicaid, known as Apple Health in Washington state, covers over 1.9 million Washingtonians. Sen. Cantwell has held events across the state to hear about the impact of the proposed cuts on Washingtonians and released three reports detailing the cuts’ significant negative impacts.  
    On May 2, Sen. Cantwell released a snapshot report highlighting the impact that Medicaid cuts would have on Washington state’s highly-ranked long-term care system for seniors and people with disabilities. In February, she released a snapshot report that demonstrated how cuts would harm health care access in Washington state, and she followed up with a report in March that dove into impacts on the Puget Sound region. This week, the Senator released a fact sheet that warned of dire consequences for reproductive health care in Washington state if the Republican reconciliation bill is passed.
    Highlights of those snapshot reports include:
    In Washington state, WA-04 (Central Washington) and WA-05 (Eastern Washington) have the highest proportions of adults and total population on Medicaid (Apple Health). In District 4, 70% of children are on Medicaid.
    In the Puget Sound region, children in Seattle’s blue-collar strongholds would feel the deepest pain from Medicaid cuts. More than half of children in Burien, SeaTac, Kent, Federal Way, Auburn, Renton, and Rainier Valley depend on Medicaid.
    In an exclusive survey of 68 WA nursing homes, 67 of 68 would cut services if Medicaid were cut by 5% or more, and 65% would consider closing.
    Sen. Cantwell also toured the state to hear from folks who would be directly impacted by cuts to Medicare. Doctors, patients, and health care providers in Seattle, Spokane, the Tri-Cities, and Wenatchee warned that such cuts would devastate Washington state’s health care system and limit access to lifesaving care.
    On May 21, Sen. Cantwell joined Washington state health care professionals for a virtual press conference to highlight statewide alarm and opposition to proposed Medicaid cuts. That same day, 23 Republican members of the Washington state legislature sent a letter to the entire Washington state federal Congressional delegation, urging the delegation to “protect Medicaid funding for Washington State.”
    Video of Sen. Cantwell’s floor speech is HERE; a transcript is HERE.
    A full timeline of Sen. Cantwell’s actions to defend Medicaid from cuts is HERE.

    MIL OSI USA News –

    June 26, 2025
  • Mamdani’s stunning upset in New York’s Democratic mayoral primary carries risks, rewards for national Democrats

    Source: Government of India

    Source: Government of India (4)

    Self-described democratic socialist Zohran Mamdani’s unexpected upset in New York City’s Democratic mayoral primary on Tuesday exhilarated progressive activists, who had banded together to prevent the more moderate former New York Governor Andrew Cuomo from triumphing.

    But the surprise outcome also generated excitement from a very different group of people: national Republicans.

    Soon after it became clear that Mamdani, a 33-year-old state lawmaker, was likely to prevail, Republican Vice President JD Vance sent congratulations on social media to the “new leader of the Democratic Party.” The Republican’s congressional campaign arm called him an “antisemitic socialist radical” and promised to tie him to every vulnerable Democrat in next year’s midterm elections.

    And on Wednesday, Republican President Donald Trump – a native New Yorker – piled on, writing on social media, “It’s finally happened, the Democrats have crossed the line. Zohran Mamdani, a 100% Communist Lunatic, has just won the Dem Primary, and is on his way to becoming Mayor.”

    The reactions underscore both the risks and the rewards for the Democratic Party – still trying to find its footing five months into Trump’s term – in having an unabashed left-wing nominee running in the country’s biggest city this fall.

    Mamdani’s campaign, which drew plaudits for its cheery tone and clever viral videos, could help energize young voters, a demographic that Democrats are desperate to reach in 2026 and beyond. His rise from a virtual unknown was fueled by a relentless focus on affordability, an issue Democrats struggled to address during last year’s presidential race.

    “Cost of living is the issue of our time,” Neera Tanden, the chief executive of Democratic think tank Center for American Progress wrote on X in response to Mamdani’s win. “It’s the through line animating all politics. Smart political leaders respond to it.”

    His history-making candidacy – Mamdani, born in Uganda to Indian parents, would be the city’s first Muslim and Indian American mayor – could also drive engagement among Asian and especially Muslim voters, some of whom soured on the party after the Biden administration’s support for Israel’s war in Gaza.

    “These elections aren’t about left, right or center, they’re about whether you’re a change to the status quo. People don’t want more of the same, they want someone who plays a different game,” said Democratic strategist Jesse Ferguson.

    But Mamdani’s criticism of Israel and his democratic socialism are also likely to show up frequently in Republican attack ads. Much of the Democratic establishment had lined up behind Cuomo, including former President Bill Clinton, partly out of unease over Mamdani’s platform. Mamdani has repeatedly said he is not antisemitic.

    “I think he’s an easy target for Republicans who want to use scare tactics to talk about the Muslim mayor from New York City who’s uber-left,” said Patrick Egan, a political science professor at New York University. But Egan noted, Mamdani has also proven to be an adept politician.

    “When people get exposed to this guy, they tend to like him,” he said.

    NO APOLOGY

    Basil Smikle, a political analyst and professor at Columbia University’s School of Professional Studies, said heavy-handed attacks on Mamdani could backfire by energizing “a lot of the Democratic voters to want to push more against Trump.”

    “I don’t think it hurts Democrats in the long run,” he said. “I actually think it helps them.”

    For his part, Mamdani seemed ready to embrace his role as a party leader, telling supporters in his victory speech that he would govern the city “as a model for the Democratic Party – a party where we fight for working people with no apology.” He vowed to use his mayoral power to “reject Donald Trump’s fascism.”

    Democratic voters say they want a new generation of leaders and a party that concentrates on economic issues, according to a Reuters/Ipsos poll earlier this month.

    “The Democratic Party is trying to figure itself out,” said Christina Greer, a political science professor at Fordham University in New York.

    While Mamdani enters the general election as the favorite in a city dominated by Democrats, the race is more unsettled than usual.

    Mayor Eric Adams, a Democrat, is running as an independent after his popularity plummeted following his indictment on corruption charges and the subsequent decision by Trump’s Justice Department to drop the case. Cuomo also retains the ability to run as an independent, though he has not yet decided whether to do so.

    The Republican candidate is Curtis Sliwa, the founder of the Guardian Angels. Jim Walden, a former federal prosecutor, is running as an independent, as well.

    The primary had become a two-man race by Election Day between Mamdani and Cuomo, echoing other Democratic nominating contests in which the party’s establishment and liberal wings have wrestled for power. But it was also a generational clash between Mamdani and Cuomo, the 67-year-old scion of a New York political family.

    That said, Cuomo carried plenty of personal baggage, four years after he resigned the governorship amid allegations of sexual harassment, which he has denied.

    “Some people were voting for Mamdani to express their displeasure for Cuomo,” Greer said.

    Mamdani’s unlikely ascension bore some of the same hallmarks of similar rises for two other democratic socialists, U.S. Senator Bernie Sanders and U.S. Representative Alexandria Ocasio-Cortez, both of whom endorsed his campaign.

    Sanders, an independent, emerged as a leading Democratic presidential candidate in 2016 and 2020, while Ocasio-Cortez pulled off an upset in 2018 by defeating a longtime incumbent Democrat.

    (Reuters)

    June 26, 2025
  • MIL-OSI Asia-Pac: New round of activities under “Smart Silver” ICT Outreach Programme for Elders to promote digital inclusion (with photos)

    Source: Hong Kong Government special administrative region

    ​To allow the elderly to experience digital life, the Digital Policy Office (DPO) announced today (June 26) that a new round of activities under the “Smart Silver” Information and Communications Technology (ICT) Programme for Elders (the Outreach Programme) will be launched gradually starting early July. Since its launch in 2014, the Outreach Programme has been well received by the elderly, with the number of participation exceeding 150 000. For the new round of the Outreach Programme, it is estimated that no fewer than 45 000 elderly people will participate in the programme, and at least 400 mobile digital service station activities will be held.
     
    Through an open invitation, the DPO has earlier engaged three non-profit-making organisations (NPOs) – The Hong Kong Chinese Women’s Club, Tung Wah Group of Hospitals and Yan Chai Hospital Social Services Department – to implement the new round of the Outreach Programme. Under the programme, ICT outreach activities focusing on using smartphones, tablet computers and other ICT solutions to help improve elderly people’s quality of daily living and connect them to society will be organised for elderly people receiving day care centre services, the hidden elderly, and elderly people in the community. The activities include teaching elderly people to use applications closely related to daily life and helping them improve their muscle strength and eye-hand co-ordination through digital technology products, such as augmented reality games, smart robots and reaction lights. These allow them to experience the benefits brought about by digital technologies.
     
    The three NPOs will also organise mobile digital service station activities across the territory to proactively promote the series of activities under the “Smart Silver” digital inclusion programme for the elderly led by the DPO, introduce common mobile applications of public services to them, answer their questions on the use of smartphones and provide them with anti-fraud information and security tips. Relevant information about service hours and locations of mobile digital service stations has been uploaded to the Elderly IT Learning Portal (www.it2.gov.hk/tc/about/mobile_booth.php) (Chinese only) for reference.
     
    “We are grateful for the support of the NPOs in the previous round of the Outreach Programme and for their contributions to the promotion of digital inclusion. The DPO hopes that members of the public will actively encourage the elderly around them to participate in the digital inclusion activities of the ‘Smart Silver’ programme and join hands with the Government to promote the use of digital technologies by the elderly, so as to build a digitally inclusive and caring society,” a spokesman for the DPO said.
     
    In order to allow members of society to enjoy the benefits of digital technology, the DPO promotes various digital inclusion measures under the “Smart Silver” programme to help those in need (especially the elderly) understand and use digital technology products and services. These measures include outreach programmes, mobile outreach service stations, regular and fixed-point training on digital technologies and technical support, enriched ICT training and a web-based learning portal, enabling them to use digital technologies effectively and safely and fully integrate into the digital society. Members of the public can visit the DPO website (www.digitalpolicy.gov.hk/en/our_work/digital_government/digital_inclusion/) to learn about the details of various activities under the “Smart Silver” Digital Inclusion Programme for Elders.

            

    MIL OSI Asia Pacific News –

    June 26, 2025
  • MIL-OSI Australia: Interest income

    Source: New places to play in Gungahlin

    Tax issues for consideration

    The following table provides a list of tax issues requiring assurance that arise in relation to interest income derived by a Top 500 group from deposits with financial institutions, or from investments in traditional securities (such as government and corporate bonds).

    The table also provides examples of processes and procedures that could be developed by the Top 500 group to demonstrate that they have effective tax governance in place when managing those tax issues.

    The list of tax issues is not exhaustive and the processes and procedures for each Top 500 Private Group may differ depending on the commercial circumstances around which investment in interest bearing investments are carried out.

    Tax issues requiring assurance

    Tax issue

    Tax assurance considerations

    Tax governance considerations

    Record keeping – source documents

    Good record keeping underpins our ability to assure that Top 500 groups are paying, and will continue to pay, the correct amount of tax. It is also a requirement under s262A.

    The tax governance policy of the group should include procedures for:

    • maintaining a central repository for documentation that records details of:
      • accounts held by the group with financial institutions
      • investments in term deposits
      • the acquisition and disposal of traditional securities held by the group
    • maintaining a central repository for documentation that records:
      • interest received by the group from general account and term deposits with financial institutions or other entities
      • interest (coupon) income from traditional securities.

    Completeness of interest income disclosures

    Has all interest income derived by the group been captured?

    The tax governance policy of the group should include procedures for:

    • correctly capturing and recording all the interest income derived by the group
    • reconciling interest income recorded in the group’s general ledger with deposits into the relevant bank accounts.

    Interest income is reported in the correct period

    Has interest income been reported in the correct income year?

    The tax governance policy of the group should include procedures for:

    • recognising when interest income is to be recognised for both accounting and tax purposes
    • ensuring any timing differences between accounting and tax treatments is captured on the recipient entity’s tax reconciliation.

    Characterisation and calculation of gains and losses on the disposal of traditional securities

    Have gains and losses on the disposal of traditional securities been correctly characterised and reported on revenue account?

    The tax governance policy of the group should include procedures for correctly calculating gains or losses on sale of traditional securities.

    Correct reporting

    Has the entity who derived the interest income or who made the gain or loss, reported correctly?

    The tax governance policy of the group should include procedures for:

    • ensuring that interest income and any gain/loss on sale of traditional securities information is migrated across from the working papers and correctly disclosed in the relevant entity’s tax return
    • adjusting tax payable for any TFN withholding withheld by the entity paying the interest.

    Governance framework example

    To help in developing a documented tax governance framework, we have prepared an example of guidance that could be easily evolved into a checklist that may help Top 500 groups with simple affairs in ensuring they are correctly reporting interest income (under principle 2 of the 7 principles of effective tax governance).

    Passive investors with simple affairs – checklist

    Group head: Mr John Simple

    Entity name: Mr John Simple

    Checklist: Interest income and sale of traditional securities

    Year end: 30 June 2022

    Record keeping – interest income

    Item

    Activity

    Responsibility

    Purpose

    1

    Maintenance of a central repository for documentation concerning statements recording interest income.

    Bill Bookkeeper

    Good record keeping practices.

    2

    At the end of each month back up electronic copies of documentation in the central repository to a plug-in hard drive, or memory stick.

    Bill Bookkeeper

    Ensure records of Mr Simple’s are not lost in the event primary information sources are compromised.

    Correct reporting of interest income

    Item

    Activity

    Responsibility

    Purpose

    3

    Financial institutions or other entities paying interest are notified of Mr Simple’s TFN and the bank account to pay interest.

    Bill Bookkeeper

    Remove TFN withholding risk. Ensure interest received into the correct bank account.

    4

    The timing and amount of the interest income should be recorded in the Excel spreadsheet entitled ‘interest income register’, within 3 days of interest being received. Accumulated totals should be maintained within the spreadsheet.

    Bill Bookkeeper

    Ensuring Mr Simple’s interest income disclosure is complete and referable to the correct year of income.

    5

    Reconcile cash interest payments deposited to investment bank account with interest income statements.

    Bill Bookkeeper

    Helping ensure Mr Simple’s interest income disclosure is complete.

    6

    Before forwarding information to tax Agent, review spreadsheet, bank accounts and term deposit confirmations, to sense-check interest income has been captured and correctly recorded as expected.

    Bill Bookkeeper

    Helping ensure that Mr Simple’s interest income disclosure is complete.

    7

    At least 4 weeks before the due date for lodgment of Mr Simple’s tax return, provide Mr Simple’s tax agent with:

    • Mr Simple’s interest income register spreadsheet for the income year
    • related source documents as required by the tax agent.

    Bill Bookkeeper

    Ensuring Mr Simple’s tax return is lodged on time.

    Helping the tax agent with the process of preparing Mr Simple’s tax return.

    Mutual responsibilities

    Item

    Activity

    Responsibility

    Purpose

    8

    Tax agent to provide an annual engagement letter to Mr Simple that specifies the tax agents and Mr Simple’s responsibilities under the engagement.

    TAG & Mr Simple

    To provide clarity around:

    • Mr Simple’s responsibility for providing complete and accurate information
    • tax agents responsibility for ensuring that all interest income is correctly recorded in Mr Simple’s income tax return.
    Tax agent’s responsibilities – preliminary

    Item

    Activity

    Responsibility

    Purpose

    9

    Logic check interest income calculations in Mr Simple’s interest income register spreadsheet.

    Tax agent

    Integrity check over primary data source from which interest income information is obtained.

    10

    Retain and file working papers

    Tax agent

    Retention of records that support tax return disclosures.

    Tax agent’s responsibilities – Income tax return preparation

    Item

    Activity

    Responsibility

    Purpose

    11

    Interest income received during the year is migrated across from the interest income register spreadsheet across to Mr Simple’s income tax return.

    Tax agent

    Correctly capture interest income in the return.

    MIL OSI News –

    June 26, 2025
  • MIL-Evening Report: The ARIA charts are about to undergo a big change. It could be a boost for local artists

    Source: The Conversation (Au and NZ) – By Catherine Strong, Associate Professor, Music Industry, RMIT University

    The Australian Recording Industry Association (ARIA), the organisation responsible for collating and publishing Australia’s music charts, has just announced the biggest overhaul of its methods in more than a decade.

    From September, the ARIA charts will be divided according to the release date of entries. Anything older than two years will be moved into a new “ARIA on replay” chart, with the exception of some music re-entering the charts after more than a decade.

    The stated aim of the reforms is to better connect Australian audiences with new, and particularly Australian, music. They are part of a series of interventions from different groups aimed at solving the nation’s ongoing music “crisis”.

    Why is this happening?

    ARIA is responding to two related trends through implementing this new chart system.

    The first is that the charts are increasingly dominated by old “catalogue” music. Creative Australia reports the ARIA’s Top 100 charts went from having almost 100% new singles (less than two years old) in 2018, to 70% new singles in 2024.

    This is related to a fundamental change in what is being counted.

    In 2014, ARIA expanded its sources from point-of-sale data (such as CD sales and iTunes downloads) to include plays on streaming services (such as Spotify and YouTube), which are now the most popular means of music consumption.

    People will typically buy a physical/iTunes single or album once. But they might listen to a song on Spotify hundreds of times, and each of these listens count as far as the ARIA charts are concerned.

    This explains the resurgence of old releases that find new audiences through media (such as Stranger Things boosting Kate Bush’s Running Up That Hill), as well as perennial favourites that never seem to be dislodged (Fleetwood Mac’s Rumours album has been in the ARIA Top 50 albums chart for more than 400 weeks).

    The second trend is the decline of Australian music in the charts. Research shows the ARIA’s singles and albums charts have become more homogeneous in recent decades, rather than more diversified.

    Artists from North America and the United Kingdom are dominating Australian charts more than ever. Many of them sit in the charts for extended periods, at the expense of homegrown talent.

    How streaming platforms changed the game

    A major challenge for artists on streaming platforms is discoverability, or visibility.

    Decisions made by platform-employed playlist curators and AI algorithms aren’t well understood, and are hard to influence. Yet they make a huge difference to how many people will encounter a piece of music.

    The inclusion of streaming data in the ARIA charts back in 2014 was presented as a way to more accurately assess what people were listening to.

    This new plan to separate old and new releases has a more interventionist agenda, attempting to “remove barriers for new Australian music”.

    It can be seen as a response to the overarching narrative of a “crisis” plaguing the Australian music industry – one which extends to existential challenges for live music, and the careers of musicians and other industry workers.

    The ARIA’s decision to put their finger on the scales of chart success shows how pressing this crisis narrative has become.

    What difference will it make?

    Even if Australian artists are better represented in future ARIA charts, material challenges will remain.

    Actual sales and streams may remain relatively low. Even with millions of streams, the value returned to artists is often too small to maintain a living.

    For most artists, a sustainable music career requires that visibility be translated into other revenue sources, such as live performances, merchandise sales, and media licensing deals.

    That said, ARIA’s aim of increasing discoverability for local acts seems likely to have some pay-off. Acts with their names in the new charts will enjoy extra visibility and prestige. If even a small number of opportunities arise from this, it could make a big difference to them, the local industries surrounding them, and the local audiences that will discover them.

    ARIA’s intervention is part of a patchwork of responses from industry, government, and communities to Australia’s music woes. Another recent response came from a New South Wales government scheme which will reward overseas headliners (through reduced venue fees) for including an Australian opening act in their show.

    State and federal governments are also investing in local music development and export. The surprising exception to this is previous trailblazer Victoria, which recently cut almost all contemporary music funding.

    ARIA’s new approach is emphasising the message that Australian music should be valued. Tracking how this approach plays out – as well as which Australian artists benefit – will help ensure a healthy music ecosystem in the future.

    Catherine Strong has received funding from the Victorian Music Development Office.

    Ben Green receives funding from the Australian Research Council and the Australasian Performing Right Association.

    – ref. The ARIA charts are about to undergo a big change. It could be a boost for local artists – https://theconversation.com/the-aria-charts-are-about-to-undergo-a-big-change-it-could-be-a-boost-for-local-artists-259788

    MIL OSI Analysis – EveningReport.nz –

    June 26, 2025
  • MIL-OSI Video: Entrepreneurship for a New Era

    Source: World Economic Forum (video statements)

    Entrepreneurship for a New Era

    While the economy is being transformed by geopolitical and technological shifts, complex challenges, from development to climate, require new ideas and collaboration.

    How can entrepreneurial thinking and new innovations take us out of short-term thinking to provide long-term solutions to today’s challenges?

    https://www.youtube.com/watch?v=FwgaA2o5f1c

    MIL OSI Video –

    June 26, 2025
  • MIL-OSI Video: UN Chief warns that the world is facing the highest number of armed conflicts since the end of WWII

    Source: United Nations (video statements)

    Remarks by António Guterres, Secretary-General of the United Nations, on the responsibility to protect and the prevention of genocide, war crimes, ethnic cleansing and crimes against humanity at the 80th plenary meeting of the General Assembly.

    Delivering remarks to the General Assembly on the 20th anniversary of the Responsibility to Protect, Secretary-General António Guterres warned that the world is facing “the highest number of armed conflicts since the end of the Second World War.”

    Guterres added that these crises are “marked by rising identity-based violence, widespread violations of international humanitarian law and human rights law, and deepening impunity.”

    Guterres stressed that the principle of the Responsibility to Protect – commonly referred to as R2P – remains central to the UN’s mission. “On this anniversary, we must recognize that the Responsibility to Protect is more than a principle – it is a moral imperative, rooted in our shared humanity and the UN Charter,” he said.

    The Secretary-General presented his seventeenth report on the Responsibility to Protect, which reviews two decades of international efforts and outlines the need for renewed action. “We found that the principle holds strong support among Member States. Communities affected by violence see it as offering a ray of hope. But they also call for effective implementation at all levels,” Guterres said.

    The UN chief also reiterated that the world still falls short of delivering on the promise of protecting populations from atrocity crimes. “Twenty years on, the Responsibility to Protect remains an urgent necessity, a moral imperative, and an unfulfilled promise,” Guterres declared. “Let us keep that promise. Let us deepen our commitment. Let us strengthen our cooperation. And let us make the prevention of atrocities and the protection of populations a permanent and universal practice.”

    The Responsibility to Protect, endorsed by UN Member States in 2005, affirms that governments have an obligation to shield populations from genocide, war crimes, ethnic cleansing, and crimes against humanity. It also tasks the international community with taking collective action when states fail to do so.

    https://www.youtube.com/watch?v=5SvkHemM_WI

    MIL OSI Video –

    June 26, 2025
  • MIL-OSI USA: SCHNEIDER RETURNS FROM MIDDLE EAST TRIP FOCUSED ON ABRAHAM ACCORDS AMID ISRAEL – IRAN CONFLICT

    Source: United States House of Representatives – Representative Brad Schneider (D-IL)

    WASHINGTON, DC – Rep. Brad Schneider (IL-10), a member of the House Foreign Affairs Committee and co-founder and co-chair of the Congressional Abraham Accords Caucus, returned on Thursday from a five-day bipartisan congressional delegation to Saudi Arabia, Bahrain, and the United Arab Emirates. Rep. Schneider was joined on the trip by Reps. Jimmy Panetta (CA-19), Zach Nunn (IA-03), and Don Bacon (NE-02). The trip was organized and sponsored by the N7 Initiative, a partnership between the Atlantic Council and the Jeffrey M. Talpins Foundation which is focused on advancing US interests by strengthening cooperation between the United States, Israel, and Arab and Muslim countries. 

    Representative Schneider leads delegation in meeting in Bahrain with his Royal Highness the Crown Prince and Prime Minister Salman bin Hamad Al Khalifa

    “This visit, held during a moment of regional crisis and uncertainty, underscored our commitment to security, prosperity and peace,” said Rep. Schneider. “The Abraham Accords are not just a historic diplomatic achievement—they are the best framework for a more integrated and secure Middle East. In the face of nefarious Iranian activity across the region, efforts to deepen and expand the Abraham Accord partnerships are more important than ever.”

    The delegation visited Saudi Arabia, Bahrain, and UAE. The delegation was originally scheduled to visit Israel. After the closure of the airport in Israel, the Members planned to travel to Jordan and then drive to Jerusalem to meet with Israeli leaders. Unfortunately they were not able to proceed with the Israel portion of the trip. 

    “While the start of Israel’s strikes on Iran’s nuclear program and military infrastructure – and Iran’s retaliatory ballistic missile attacks on Israel – began mere hours before our delegation was scheduled to land in Saudi Arabia, we never considered canceling this trip,” continued Rep. Schneider. “Especially at this moment, it is critical the US shows support for our allies and commitment to bringing sustained peace, prosperity, and stability to the Middle East.”

    Despite the rapidly shifting security environment, the delegation successfully engaged with senior government officials and private sector leaders, including a conference call with Israel’s Foreign Minister, Gideon Sa’ar, to discuss how to strengthen and expand the normalization efforts, building on the Abraham Accords and looking beyond the shadows of ongoing regional conflicts. Discussions focused on practical ways to expand normalization, including people-to-people ties, technology cooperation, regional infrastructure, and defense collaboration. 

    Representatives Nunn, Schneider, Bacon and Panetta at the al Diriyah excavation in Riyadh

    In Bahrain, Representative Schneider meets with Foreign Minister Dr. Abdullatif bin Rashid Al Zayani

    Representative Schneider and his wife Julie visit the synagogue 
    at the Abrahamic Family House in Abu Dhabi, UAE

    ###

    MIL OSI USA News –

    June 26, 2025
  • MIL-OSI New Zealand: Federated Farmers win on not-for-profit tax change

    Source: Federated Farmers

    Federated Farmers is welcoming confirmation that controversial tax proposals impacting the not-for-profit sector won’t proceed without political oversight and legislative change.
    “This is a significant win for Federated Farmers, which earlier this week called on the Revenue Minister to act quickly on these proposals,” national board member Richard McIntyre says.
    “We’ve strongly opposed the change – calling it a fundamental shift in tax policy disguised as legal interpretation – and urged Simon Watts to rule it out.
    “It’s a huge concern for the thousands of not-for-profits across New Zealand who rely on membership subscriptions to fund their work.”
    An Inland Revenue draft interpretation of tax law would see not-for-profits taxed on their membership income for the first time.
    But Revenue Minister Simon Watts yesterday told Federated Farmers he has taken the issue out of IRD’s hands and into the political realm, stating:
    “I have heard concerns about how this would impact many not-for-profit organisations.
    “When Inland Revenue revises its interpretation of tax law, the Government will consider the impacts and respond with a law change before any new interpretation comes into force.
    “I have asked for advice on how the primary legislation could be amended to ensure there is a fair and practical outcome in this area.”
    This follows weeks of sustained pressure from Federated Farmers.
    “We were among the first to sound the alarm that the draft interpretation would overturn 20 years of settled tax treatment for mutual associations,” McIntyre says.
    The proposal would have seen Federated Farmers – and around 9000 other not-for-profits, including unions, community groups, and political parties – taxed on membership fees.
    “The Minister’s move to consider legislative change before any new interpretation takes effect provides clarity that changes won’t be forced on the sector without public scrutiny,” McIntyre says.
    Federated Farmers also acknowledges the support of other not-for-profits who helped push this issue up the political agenda.
    “This is a textbook example of effective advocacy – early political pressure and commonsense reasoning ensured the Government took control before serious harm was done.” 

    MIL OSI New Zealand News –

    June 26, 2025
  • MIL-OSI New Zealand: NZ SUPER FUND STAKEHOLDER UPDATE

    Source: New Zealand Super Fund

    Portfolio Update – The value of the NZ Super Fund has mirrored the performance of global risk assets over the past couple of months, dropping to $74 billion following US President Donald Trump’s “Liberation Day” tariff announcements on 2 April and subsequently recovering to pass $83 billion.

    Periods of volatility are part and parcel of running a growth-focused portfolio, which we continue to believe is the investment strategy best suited to our mandate and to our purpose, Sustainable Investment Delivering Strong Returns to All New Zealanders.

    As a long-term investor, we are able to ride out, and even take advantage of, short-term market volatility. For example, one of our most successful active strategies over the past few years is Strategic Tilting. This strategy is based on our belief that investments tend to return to fair value over time and that, given our long-term investment horizon, we can improve our risk-adjusted returns by reducing our exposure to assets we believe are over-priced assets in favour of holding assets we believe offer value.

    As we have seen during the GFC and at the outset of the Covid pandemic, this strategy can generate losses over the short to medium term: our operational independence and our clearly defined governance model are essential to the success of this strategy.

    Market Conditions

    Financial markets remain closely attuned to developments in U.S. trade policy and ongoing tariff negotiations under the Trump Administration. These policy uncertainties, combined with concerns over the recently released federal budget – which is projected to significantly widen the U.S. fiscal deficit – have heightened investor caution.

    As a result, long-term U.S. Treasury yields have risen, driven in part by increased investor demand for alternative sovereign debt instruments. Notably, Japanese Government Bonds (JGBs) have seen a pickup in yields, offering a relatively attractive option for investors seeking safety and yield diversification. This shift in sentiment has also contributed to a modest depreciation of the U.S. dollar against major currencies.

    Global economic activity expanded at a moderate pace in Q1, but recent indicators suggest a softening in momentum across several economies. Inflation remains broadly in line with central bank targets, helped by subdued energy prices. In response to the cooling outlook, central banks in New Zealand, Australia, and the Eurozone have eased monetary policy, while the U.S. Federal Reserve held interest rates steady.

    Adding to global uncertainty, escalating geopolitical tensions in the Middle East have driven a sharp increase in commodity prices, particularly in oil markets. These developments are likely to be a key source of market volatility in the near term.

    The NZ Super Fund in the Budget

    The amount of money the government is required to contribute to the Super Fund is determined by a formula set out in Section 43 of our Act (the New Zealand Superannuation and Retirement Income Act 2001).

    It is a complicated-looking calculation, but the most important inputs are the expected nominal GDP and net cost of superannuation over the following 40 years and the size of the Super Fund.

    If nominal GDP or the size of the Super Fund is higher than expected (or if the net cost of superannuation is lower), the Government is required to contribute a lower amount.

    These forecasts are updated by Treasury every six months at the Budget Economic and Fiscal Update (BEFU) and the Half-Year Economic and Fiscal Update (HYEFU).

    At the last HYEFU, Treasury forecast that the government would be able to make its first withdrawal from the Super Fund in 2031 ($96 million).

    Last month’s updated numbers, published alongside Finance Minister Nicola Willis’s 2025 Budget, forecast that the first withdrawal would come in 2028 ($32 million). 2036 remains the year where withdrawals are forecast to pass $1 billion for the first time.

    Reductions in forecast government contribution have been a trend for the past few years, driven by higher-than-expected returns from the Super Fund and lower-than-previously-expected future net superannuation costs.    

    The Elevate Fund

    The Budget also contained the news that the Government would divert this year’s capital contribution of $61 million to the Elevate Fund, along with a further $39 million from the government’s capital allowance.

    This $100 million commitment provides some welcome certainty for NZGCP, whom the Guardians appointed to manage Elevate in line with the legislation that established the fund in 2019 (the Venture Capital Fund Act), and matches the approach taken by the previous government when it first set up Elevate.

    We look forward to continuing to work with NZGCP to maintain Elevate’s contribution to increasing the venture capital available to New Zealand entities and developing New Zealand’s venture capital markets to function more effectively. 

    Minister of Finance’s Letter of Expectations

    We have now published our response to the Letter of Expectations 2025/26 that we received earlier this year from Finance Minister Nicola Willis.

    Click here to read the Minister’s letter, and here to read our response. 

    Guardians staffer elected to ILPA board

    Del Hart, our Head of External Investments and Partnerships, was recently elected to the Board of the Institutional Limited Partners Association. With 618 institutional members drawn from 50 countries, the ILPA is an important industry advocate and thought leader.

    Private markets are growing and changing rapidly. Del’s perspective will be of great value as we continue to refine our thinking about investing in this asset class.

    Industry recognises Leadership Team member’s career and contribution

    Paula Steed, recently appointed as Guardians GM Technology (and previously GM Strategy and Shared Services), has been inducted as a Fellow of the Chartered Accountants Association of Australia and New Zealand (CAANZ). Fellowships are given for outstanding career achievements or contributions to the profession, as decided by CAANZ members.  

    NZ Super Fund Scholarship winner

    Avondale College alumna Chana Malungahu is the latest recipient of the NZ Super Fund AUT Business Scholarship – Pacific. Chana, who enrolled at AUT in the second semester last year, is currently studying business strategy, international business management, and entrepreneurship and innovation, and working towards a Bachelor of Business degree. 

    AUT Business School announced the award of this scholarship via their LinkedIn page.

    Annual Report voted best in Australasia

    For the fourth time in five years the Guardians’ annual report has been named Report of the Year at this year’s ARA awards. Judges described the report as “designed to engage readers and effectively communicate the organisation’s messages … customer centric and easy to understand.”

    Read our Annual Report for FY24 here.

    The Judges’ comments and a full list of award winners can be found on the ARA website.

    In the news

    Guardians Board member (and former Senior Investment Strategist at the NZ Super Fund) Sue Brake and CalPERS Chief Investment Officer (and former Chief Investment Officer at the NZ Super Fund) Stephen Gilmore talk about the Total Portfolio Approach to investing with Thinking Ahead Institute Associate Director Isabella Martin – the latest in Isabella’s Investing for the Future series of podcasts.

    The Guardians is gearing up to combine a multitude of investment data models across the organisation into a central model-of-models, which should lead to better investment decisions and cost savings. Maaike van Tol, our Director of Portfolio Design, recently sat down with the Investment Innovation Institute’s Director of Content, Wouter Klijn, to talk about how a comprehensive data analytics function can lead to more meaningful conversations, better investment decisions, and lower costs. Read Wouter’s report here.   

    Sustainable Investment Analyst Laumanu Mafi recently featured on RadioNZ’s Pacific Waves programme, where she and host Susana Suisuiki discussed some of the difficulties Pacific women face in accessing the retirement benefits they need. An economist by training, Laumanu spent three years on the investment team at Tonga’s Retirement Fund Board before joining the Guardians two years ago. Go to RNZ Pacific to listen to their conversation.

    Congratulations to former Guardians Board member Mark Tume, winner of the Invest New Zealand – Te Tohu Kahukura Māori Leadership in Finance Award at the recent INFINZ awards. A full list of award winners can be found here.

    MIL OSI New Zealand News –

    June 26, 2025
  • MIL-OSI USA: Moolenaar, Walberg, Bergman Introduce Legislation to Protect Line 5

    Source: United States House of Representatives – Congressman John Moolenaar (4th District of Michigan)

    Headline: Moolenaar, Walberg, Bergman Introduce Legislation to Protect Line 5

    Today, Congressman John Moolenaar introduced legislation to ensure Line 5 remains open to provide low-cost energy for Michigan residents. The Line 5 Act would prevent future administrations from shutting down the international pipeline. Moolenaar’s legislation is cosponsored by Congressmen Tim Walberg (R-MI) and Jack Bergman (R-MI).

    “Line 5 is a vital source of energy for Michigan families. Unfortunately, the previous administration did not recognize its value to our state and fought to shut down the pipeline with bureaucratic red tape. Thankfully, the Trump administration has worked to ensure Line 5 remains open to serve Michigan residents. The Line 5 Act is a commonsense, two-page bill, which will stop future administrations from reversing the progress made by President Trump’s administration on Line 5, so Michigan families can count on it to affordably heat their homes,” said Congressman Moolenaar. 

    “Michiganders rely on Line 5 for a safe, secure, and reliable supply of energy to heat their homes and power our local economy,” said Rep. Walberg. “While the Trump administration has shown its steadfast dedication to securing American energy reliability, it is vital that we prevent future presidents from shutting down this safe and essential pipeline. Energy security is national security, and we must protect our critical energy infrastructure.” 

    “Line 5 is critical to Michigan families and our way of life. No president, regardless of their party – should have the power to shut it down with the stroke of a pen. Line 5 keeps energy affordable, supports thousands of Michigan jobs, and helps fuel our economy. This bill is about putting common sense and stability ahead of political agendas,” said General Bergman. 

    Approximately 320,000 households in Michigan rely on propane to heat their homes. Line 5 provides 55% of the state’s propane supply. 

    The text Line 5 Act can be found here.

    MIL OSI USA News –

    June 26, 2025
  • MIL-OSI New Zealand: Local News – Updated alcohol policy and keeping animals bylaw for Porirua

    Source: Porirua City Council

    Updated rules on keeping animals and the sale and supply of alcohol in Porirua will be coming into force.
    The Keeping of Animals Bylaw 2025 and Local Alcohol Policy (LAP) 2025 have been recently officially ratified by Mayor Anita Baker and Porirua City councillors, following on from consultation (December 2024 to this March) and deliberations and hearings in May.
    The updated LAP aims to reduce alcohol-related harm in our city, particularly in some of Porirua’s most vulnerable communities, while balancing growth in the city and the hospitality industry’s needs. After input from the public, health officials, licensing inspectors and police, the policy will manage where and when alcohol can be sold and promotes responsible drinking. New LAP rules include:
    • off-licence premises like bottle stores, grocery stores and supermarkets can only sell alcohol between 9am-9pm
    • no new off-licences are allowed in vulnerable areas without very good reason (Porirua East, Titahi Bay, Elsdon, Takapūwāhia, Kenepuru and the city’s CBD)
    • all licences within 100 metres of a sensitive site, such as schools and drug/alcohol treatment centres, will need to do an impact assessment for a new licence or an application to renew.
    The LAP comes into effect on 18 July, except changes to the off-licence hours, which will take effect on 5 January, 2026.
    The Keeping of Animals Bylaw 2025, meanwhile, has updated rules to help prevent mess, noise and nuisance by domestic animals in Porirua.
    It includes new rules for cats (requiring owners to desex, microchip and register their feline), stock, and poultry, as well as new rules for beekeepers.
    Dogs are already governed by the Dog Control Bylaw.

    MIL OSI New Zealand News –

    June 26, 2025
  • MIL-Evening Report: Oil shocks in the 1970s drove rapid changes in transport. It could happen again if Middle East tensions continue

    Source: The Conversation (Au and NZ) – By Hussein Dia, Professor of Future Urban Mobility, Swinburne University of Technology

    The Image Bank/Getty

    As the world watches the US–Iran situation with concern, the ripple effect from these events are reaching global oil supply chains – and exposing their fragility.

    If Iran closes the Strait of Hormuz as it is considering, it would restrict the global oil trade and trigger energy chaos.

    Petrol in some Australian cities could hit A$2.50 a litre according to some economists. As global instability worsens, other experts warn price spikes are increasingly likely.

    What would happen next? There is a precedent: the oil shocks of the 1970s, when oil prices quadrupled. The shock drove rapid change, from more efficient cars to sudden interest in alternative energy sources. This time, motorists would likely switch to electric vehicles.

    If this crisis continues or if another one flares up, it could mark a turning point in Australia’s long dependence on foreign oil.

    What would an oil shock mean?

    Australia currently imports 80% of its liquid fuels, the highest level on record. If the flow of oil stopped, we would have about 50 days worth in storage before we ran out.

    Our cars, buses, trucks and planes run overwhelmingly on petrol and diesel. Almost three-quarters (74%) of these liquid fuels are used in transport, with road transport accounting for more than half (54%) of all liquid fuels. Australia is highly exposed to global supply shocks.

    The best available option to reduce dependence on oil imports is to electrify transport.

    How does Australia compare on EVs?

    EV uptake in Australia continues to lag behind global leaders. In 2024, EVs accounted for 9.65% of new car sales in Australia, up from 8.45% in 2023.

    In the first quarter of 2025, EVs were 6.3% of new car sales, a decline from 7.4% in the final quarter of 2024.

    Norway remains the global leader, with battery-electric passenger cars making up 88.9% of sales in 2024. The United Kingdom also saw significant growth – EVs hit almost 20% of new car registrations in 2024.

    In China, EVs made up 40.9% of new car sales in 2024. The 12.87 million cars sold represent three-quarters of total EV sales worldwide.

    One reason for Australia’s sluggishness is a lack of reliable public chargers. While charging infrastructure is expanding, large parts of regional Australia still lack reliable access to EV charging.

    Until recently, Australia’s fuel efficiency standards were among the weakest in the OECD. Earlier this year, the government’s new standards came into force. These are expected to boost EV uptake.

    Could global tensions trigger faster action?

    If history is any guide, oil shocks lead to long-term change.

    The 1970s oil shocks triggered waves of energy reform.

    When global oil prices quadrupled in 1973–74, many nations were forced to reconsider where they got their energy. A few years later, the 1979 Iranian Revolution caused another major supply disruption, sending oil prices soaring and pushing much of the world into recession.

    Huge increases in oil prices drove people to look for alternatives during the 1970s oil shocks.
    Everett Collection/Shutterstock

    These shocks drove the formation of the International Energy Agency in 1974, spurred alternative energy investment and led to advances in fuel-efficiency standards.

    Much more recently, Russia’s invasion of Ukraine pushed the European Union to face up to its reliance on Russian gas and find alternatives by importing gas from different countries and accelerating the clean energy shift.

    Clearly, energy shocks can be catalysts for long-term structural change in how we produce and consume energy.

    The new crisis could do the same, but only if policy catches up.

    If fuel prices shot up and stayed there, consumer behaviour would begin to shift. People would drive less and seek alternate forms of transport. Over time, more would look for better ways to get around.

    But without stronger support such as incentives, infrastructure and fuel security planning, shifting consumer preferences could be too slow to matter.

    A clean-energy future is more secure

    Cutting oil dependency through electrification isn’t just good for the climate. It’s also a hedge against future price shocks and supply disruptions.

    Transport is now Australia’s third-largest source of greenhouse gas emissions. Now that emissions are falling in the electricity sector, transport will be the highest emitting sector emissions source as soon as 2030.

    Building a cleaner transport system also means building a more resilient one. Charging EVs on locally produced renewable power cuts our exposure to global oil markets. So do biofuels, better public transport and smarter urban planning.

    Improving domestic energy resilience isn’t just about climate targets. It’s about economic stability and national security. Clean local energy sources reduce vulnerability to events beyond our control.

    What can we learn from China?

    China offers a compelling case study. The nation of 1.4 billion faces real oil security challenges. In response, Beijing has spent the past decade building a domestic clean energy ecosystem to reduce oil dependency and cut emissions.

    This is now bearing fruit. Last year, China’s oil imports had the first sustained fall in nearly two decades. Crude oil imports fell 1.5%, while oil refinery activity also fell due to lower demand.

    China’s rapid uptake of EVs has clear energy security benefits.
    pim pic/Shutterstock

    China’s green energy transition was driven by coordinated policy, industrial investment and public support for clean transport.

    China’s rapid shift to EVs and clean energy shows how long-term planning and targeted investment can pay off on climate and energy security.

    What we do next matters

    The rolling crises of 2025 present Australian policymakers a rare alignment of interests. What’s good for the climate, for consumers and for national security may now be the same thing.

    Real change will require more than sustained high petrol prices. It demands political will, targeted investment and a long-term vision for clean, resilient transport.

    Doing nothing has a real cost – not just in what we pay at the service station, but in how vulnerable we remain to events a long way away.

    Hussein Dia receives funding from the Australian Research Council, the iMOVE Australia Cooperative Research Centre, Transport for New South Wales, Queensland Department of Transport and Main Roads, Victorian Department of Transport and Planning, and Department of Infrastructure, Transport, Regional Development, Communications and the Arts.

    – ref. Oil shocks in the 1970s drove rapid changes in transport. It could happen again if Middle East tensions continue – https://theconversation.com/oil-shocks-in-the-1970s-drove-rapid-changes-in-transport-it-could-happen-again-if-middle-east-tensions-continue-259670

    MIL OSI Analysis – EveningReport.nz –

    June 26, 2025
  • MIL-OSI USA: Cornyn, Colleagues Introduce Bill to Mitigate Foreign Influence on U.S. Policymaking

    US Senate News:

    Source: United States Senator for Texas John Cornyn

    Legislation Would Ban Former Government Employees from Lobbying for Countries of Concern

    WASHINGTON – U.S. Senators John Cornyn (R-TX), Peter Welch (D-VT), Jim Risch (R-ID), and Sheldon Whitehouse (D-RI) introduced the Conflict-free Leaving Employment and Activity Restrictions (CLEAR) Path Act, which would mitigate foreign influence on U.S. policymaking by prohibiting former government employees from lobbying on behalf of countries of concern:
    “Foreign adversaries with ill intentions should not wield influence on American policymaking, nor should they exploit our own citizens to intercede on their behalf,” said Sen. Cornyn. “This commonsense legislation would root out attempts of malign foreign interference and permanently ban former U.S. government employees from lobbying for countries of concern like Russia and China.”
    “Public trust in our democratic institutions has been eroding,” said Sen. Welch. “It’s vital we set higher standards against potential conflicts of interest for former government employees, particularly when it involves foreign adversaries that might be working to influence U.S. policy.”
    “It isn’t right for senior government officials to turn their public service experience into a payout from malign foreign governments,” said Sen. Risch. “This bill will help prevent corruption at the highest levels of our government, protect our national security, and ensure that our public servants do not abuse their power for the good of America’s adversaries.”
    “America is engaged in a clash of civilizations against kleptocrats, international criminals, and corrupt foreign nations that provide them safe harbor,” said Sen. Whitehouse. “Our adversaries exploit both secret and overt channels of influence to put their thumb on the scale of American policy.  I’m glad to join this bipartisan effort to prevent senior U.S. government officials from selling their expertise, access, and influence to shadowy foreign interests after they leave their jobs.”
    Background:
    With recent attempts by foreign actors to manipulate the U.S. political and governing processes in recent years, the Clear Path Act would seek to mitigate foreign malign influence in our political system by:
    Permanently banning agency heads, deputies, and Senate-confirmed employees from lobbying the executive and legislative branches on behalf of countries of concern, including China, Russia, Iran, North Korea, Syria, and Cuba;
    And including a mechanism to add or remove countries of concern via a Senate Foreign Relations Committee and House Judiciary Committee joint resolution and with the concurrence of the U.S. Secretary of State and U.S. Attorney General.

    MIL OSI USA News –

    June 26, 2025
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