Category: Politics

  • MIL-OSI United Kingdom: River Gade returns to its natural course through Gadebridge Park

    Source: United Kingdom – Executive Government & Departments

    Press release

    River Gade returns to its natural course through Gadebridge Park

    Works also include two new footbridges, a flood warning gauging station, and an innovative ultrasonic structure that allows fish and mammals to move freely.

    The moment the River Gade was diverted into the new channel.

    The River Gade has returned to its natural course in Gadebridge Park, following an ambitious river restoration project delivered by the Environment Agency, in collaboration with Affinity Water, Dacorum Borough Council and contractors BAM Nuttall.

    The project has reconnected the chalk stream to its natural floodplain, improving wildlife habitats, reducing the risk of localised flooding downstream of the white bridge in Gadebridge Park.

    Historically, the River Gade was diverted from its natural course to supply water to the former Bury Mill. This artificial channel, perched on the edge of the park, caused the river to become disconnected from the surrounding landscape, leading to reduced flow, water quality issues, and limited biodiversity.

    The restoration involved creating a new river channel through the centre of the park, bringing the Gade back to its natural position in the valley bottom. The works included the installation of two new footbridges, a gauging station to support the flood warning system, and an innovative ultrasonic structure that allows fish and mammals to move freely while also redirecting spring flows vital for chalk stream ecology.

    As a rare chalk stream, of which 85% globally are found in England, the River Gade is a valuable habitat. Chalk streams are known for their clear, mineral-rich water and stable temperatures, providing an ideal habitat for species such as water voles and brown trout.n Gadebridge Park is one of Hemel Hempstead’s largest and most popular green spaces, offering something for everyone. Alongside the newly restored river, the park features expansive open grass areas, a skate park, a play area and splash park for children and a walled garden with a rich history and impressive formal planting displays.

    Chris Wilson, area director at the Environment Agency, said:

    Getting to this stage marks the huge collective effort of a large number of people, not just at the Environment Agency, but from our partners, Dacorum Borough Council and Affinity Water, our contractors, JBA, BAM Nuttall and Arcadis and many, many others besides.

    I’d like to thank everyone involved for their perseverance and commitment to bringing such a complex and ambitious project to completion.

    Councillor Robin Bromham, portfolio holder for neighbourhood operations at Dacorum Borough Council, added:

    This is a landmark moment for Gadebridge Park and for our local environment. The return of the River Gade to its natural course not only restores an important ecosystem but also enhances the park experience for our residents and visitors. We’re proud to have worked with our partners to deliver this project that benefits both people and nature.

    To find out more about the project, visit https://consult.environment-agency.gov.uk/hnl/gadebridge-park-information-page/ or here Restoring Nature in Gadebridge Park: Chalk River Project and Community Access Features

    Background:

    The Environment Agency and Affinity Water funded the river restoration project and Dacorum Borough Council contributed to its recreational and amenity aspects for the park.

    A new channel was dug through the centre of the park and the project provided two new footbridges for the park.

    Extra gravel added to the channel to help shape the river and restore natural processes typical of a chalk stream. This includes riffles – shallower areas of the river where faster-flowing water pass over gravels and cobbles on the riverbed, adding oxygen to the water – and replicating natural ‘gravel bars’, which are deposits of gravel where the river’s energy is lower, creating varied water depths for river plants and animals to thrive.

    By creating vegetated margins along the banks of the new channel, we’ll provide important habitat for many species – for example, a habitat and a source of food for aquatic insects at different life stages, refuge from predators for juvenile trout and water vole, and even a migration corridor for otter. As well as providing habitat, vegetated margins also play an important role in filtering sediment and reducing nutrients entering the watercourse, helping to improve water quality. They can also slow flood flows and help to reduce erosion of the banks.

    The project is important for a number of reasons –

    Only 17% of chalk streams are in their natural state. Like many chalk streams, the River Gade faces pressure from low flows and historic modifications to its channel that limit the river’s habitats and the wildlife it can support.

    The artificial channel is much wider and straighter than a natural chalk stream would typically be. This often leads to a build-up of sediment along the bank and associated excessive vegetation growth, which gradually narrows the channel. The river had little resilience to drought conditions due to low volumes of flow, especially in late summer and early autumn.

    Most water we drink in the South East comes from rainwater stored deep beneath our feet in natural chalk ‘aquifers.’ These also feed our chalk streams. In 2018, Affinity Water reduced net abstraction in the Gade catchment by 2,342,400 m3/year – that’s an average of 6.4 million litres a day. However, demand for water in the South East remains high. We all need to reduce the amount of water we use – every drop wasted is water that could be sustaining our rivers, streams and lakes.

    Re-routing spring flows – which are currently diverted through a culvert, or underground tunnel, and discharged into a fishing lake at Kings Langley 5km downstream – into the new realigned channel. This will provide additional flow to the river, increasing its resilience to low flows, improve the river’s water quality and help to restore natural characteristics of a chalk stream such as a more alkaline PH and a stable temperature all year round.

    Because of their rarity and value, chalk streams in England have been designated a priority habitat, detailed within the qualifying criteria of the UK Biodiversity Action Plan (BAP) Priority Habitat Descriptions for Rivers. However, all chalk streams in England, including the River Gade, face vast challenges and pressures from decades of mismanagement.

    Contact us:

    Journalists only – 0800 141 2743 or communications_se@environment-agency.gov.uk.

    Updates to this page

    Published 28 May 2025

    MIL OSI United Kingdom

  • MIL-OSI Canada: Labour Market Ministers taking action to improve labour mobility in Canada

    Source: Government of Canada News (2)

    May 28, 2025

    Federal, provincial and territorial Forum of Labour Market Ministers (FLMM) met virtually on Monday to discuss progress on their joint commitment to breaking down barriers to labour mobility as one of the strategies to mitigate the negative effects of tariffs and unlock the full economic potential of free trade within Canada. The meeting was co-chaired by the Honourable Patty Hajdu, Federal Minister of Jobs and Families and the Honourable Nolan Young, Minister of Labour, Skills and Immigration of Nova Scotia.

    Over recent months, the FLMM has accelerated efforts to address labour mobility barriers, strengthen Canada’s workforce and get individuals working faster. Ministers agreed that concrete progress has been made on labour mobility, with some jurisdictions having introduced legislation with more ambitious timelines and launched new initiatives to further break down barriers and reduce administrative burden.

    Ministers agreed on the actions to be taken by governments to build a more resilient, adaptable and mobile workforce to support stronger domestic economic growth.

    This aligns with a commitment made to the First Ministers earlier this year, to collaborate with the Committee on Internal Trade (CIT) on developing a plan for Canada-wide credential recognition that takes into account the unique characteristics of each jurisdiction, such as language provisions, by June 1, 2025. Ministers look forward to providing the CIT with an update on their action plan for labour mobility.

    Ministers discussed the value of conducting consultations to determine the best approach while continuing to explore additional opportunities to bolster economic growth, productivity and support for workers. Ministers also discussed possible collaboration with other ministerial tables to tackle areas linked to labour mobility, such as occupational health and safety training and licensing.

    Ministers committed to continued information sharing across orders of government and to meet regularly as part of their focused efforts to build a resilient Canadian workforce and economy.

    Finally, Ministers reiterated the vital role of Labour Market Transfer Agreements (LMTAs), which empower the provinces and territories to deliver tailored employment assistance and reskilling services that respond to the unique needs of their respective labour markets. Provincial and territorial ministers reaffirmed their position on the need for additional LMTA funding to support workers in Canada and ensure effective tariff-related responses at this critical time.

    The federal minister committed to further discussions with provincial and territorial ministers on LMTA modernization.

    About the Forum

    The FLMM was established in 1983 as an intergovernmental forum aimed at strengthening cooperation on federal, provincial and territorial labour market priorities.

    MIL OSI Canada News

  • MIL-OSI Africa: 2025 Annual Meetings: Africa’s Vast Human and Natural Capital Key to Achieving African Union’s Agenda 2063, experts affirm

    Source: Africa Press Organisation – English (2) – Report:

    ABIDJAN, Ivory Coast, May 28, 2025/APO Group/ —

    Africa, the world’s youngest continent with immeasurable natural resources, has all it needs to achieve the African Union’s Agenda 2063, provided the right public policies are implemented, according to government officials and development experts.

    The experts expressed this shared conviction on Monday during the 2025 Annual Meetings of the African Development Bank Group, taking place in Abidjan, Côte d’Ivoire, under the theme “Making Africa’s Capital Work Better for Africa’s Development.”

    Speaking at a knowledge event titled “Second Ten-Year Implementation Plan for Agenda 2063: An Opportunity to Develop and Finance Africa’s Capital,” Koffi N’Guessan, Ivorian Minister of Vocational Training and Apprenticeships, reaffirmed that Agenda 2063 — adopted in January 2015 by the African Union – remains the strategic framework for the continent’s economic and social transformation.

    N’Guessan noted that, despite a challenging global environment, the last decade has seen notable progress in Africa, particularly in economic and political integration, gender equality, and access to employment opportunities.

    However, he acknowledged that previous efforts have often fallen short of addressing the continent’s structural transformation needs, including job creation for youth and poverty reduction.

    “The second Agenda 2063 implementation plan, adopted in February 2024 by the African Union, offers a crucial opportunity to tackle these challenges and accelerate development outcomes,” he said.

    According to the Ivorian Minister, Africa is poised to become a major global power, alongside China and India, due to its demographic potential. However, he stressed that African countries should prioritize vocational and technical training to fully harness this demographic dividend.

    He highlighted a worrying trend: approximately 22.5 percent of young people aged 15 to 24 are unemployed with no education or training. Additionally, 250 million children and young people in low-income countries are not in school, underlining the disconnect between education systems and labor market needs. “Youth can become a liability if robust training policies are not implemented – from nursery school through to university,” he warned.

    Taking natural capital into account when calculating GDP

    Hervé Lohouès, Division Manager in the Country Economics Department at the African Development Bank, emphasized the importance of natural wealth in calculating the GDP of African countries.

    “The GDP of a country like the Central African Republic would increase by 300 percent if its natural resources were taken into account in the calculation of its GDP,” he asserted.

    He added: “It is essential to go beyond natural enhancement and ensure that all African countries adopt a compulsory development plan. We also need to ensure that governments provide incentives for transformation while considering accountability that can directly help the transition from natural to social infrastructure.”

    Jide Okeke, Regional Program Coordinator for Africa at the United Nations Development Programme, and Dagmawit Moges Bekele, former Eritrean Minister of Transport and Director of the Peace Fund at the African Union Commission, both stressed the need to leverage human, financial, natural and digital resources to drive inclusive and sustainable development — key to achieving the objectives outlined in the second decade of Agenda 2063.

    MIL OSI Africa

  • MIL-OSI Europe: Hungarian media project wins European Charlemagne Youth Prize

    Source: European Union 2

    A Hungarian platform on European identity, a Czech project encouraging young people’s vote and a German legal support for discriminated people were recognised in 2025.

    On Tuesday, the European Parliament and the Foundation of the International Charlemagne Prize of Aachen awarded the 2025 European Charlemagne Youth Prize in a ceremony in Aachen.

    First prize – “Forum Europaeum”, Hungary

    The first prize (€7500) went to Forum Europaeum, a pan-European think tank and media outlet which promotes European identity, values, and unity through articles, podcasts, TikTok videos, and interviews. The project’s goal is to explore European identity and societal challenges, through creating spaces for constructive debates on topics relevant to young people.

    Second prize – “Thanks That We Can Vote”, Czech Republic

    The second prize (€5000) was awarded to the Díky, že můžem volit (Thanks That We Can Vote) initiative. Launched to address the low electoral participation of young people in the Czech Republic, it targeted 18-29-old voters during the 2024 European Elections. The project sought to combat apathy, perceived political inefficacy, and fragmented engagement efforts through education, collaboration, and innovative outreach efforts.

    Third prize – Feminist Law Clinic, Germany

    The Feminist Law Clinic, a project providing free legal support, won the third prize (€2500). It deals helps those most affected by gender-based discrimination sexualised violence, and legal uncertainty—particularly women, lesbians, intersex, non-binary, trans, agender, and queer individuals.

    Background

    The European Charlemagne Youth Prize, jointly awarded by the European Parliament and the Foundation of the International Charlemagne Prize of Aachen, is open to initiatives by young people aged 16-30 involved in projects that strengthen democracy and support active participation. Since 2008, 6,500 projects have competed for the prize.

    Every year, national and European juries select a project from each EU member state. 27 national winners were invited to the award ceremony in Aachen on 27 May 2025, where the three overall EU winners were announced.

    MIL OSI Europe News

  • MIL-OSI Russia: China will not allow any force to turn Taiwan into “hell” – official representative

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    BEIJING, May 28 (Xinhua) — State Council Taiwan Affairs Office spokesperson Chen Binhua said Wednesday that Taiwan is China’s Taiwan and the country will not allow any force to turn the island into a “hell.”

    He made the statement in response to a media request to comment on a recent statement by US Secretary of State Marco Rubio, in which he proposed strengthening Taiwan’s “self-defense capabilities” to intimidate mainland China, as well as a statement by the US military about a plan to create a “hellish picture” on the island.

    The Taiwan issue is China’s internal affair and does not allow outside interference, Chen Binhua stressed, noting that some people in the United States are inflating tensions in the Taiwan Strait as a pretext for interfering in Taiwan affairs to help the U.S. military-industrial complex make profits. Their actions will sow chaos in Taiwan and the island’s people will be used as “cannon fodder,” Chen Binhua warned.

    He called on the US to strictly abide by the one-China principle and the provisions of the three China-US joint communiques, stop sending wrong signals to separatist forces advocating “Taiwan independence”, so as to avoid escalating tensions in the Taiwan Strait.

    He also criticized the Democratic Progressive Party administration in Taiwan for putting the people of Taiwan in a dangerous situation by closely following the US agenda for its own selfish political interests. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: China to issue new local government bonds worth about 1.5 trillion yuan in January-April 2025

    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, May 28 (Xinhua) — Local governments across China issued new bonds worth about 1.49 trillion yuan (about 207.63 billion U.S. dollars) in the first four months of this year, data released by the Ministry of Finance showed Wednesday.

    The volume of targeted bonds issued amounted to over 1.19 trillion yuan, while ordinary bonds amounted to 302.3 billion yuan.

    As of the end of April, the remaining debt obligations of local governments across the country amounted to about 50.69 trillion yuan, according to data from the aforementioned department.

    China plans to take more proactive financial policies this year to support sustainable economic and social development. According to the government work report released this year, the country plans to issue 4.4 trillion yuan of local government bonds this year, up 500 billion yuan from the previous year. -0-

    MIL OSI Russia News

  • MIL-OSI United Kingdom: SFO charges global aircraft parts supplier with fraud offence

    Source: United Kingdom – Executive Government & Departments

    Press release

    SFO charges global aircraft parts supplier with fraud offence

    Jose Alejandro Zamora Yrala is charged with fraudulent trading as part of an SFO investigation into a company that sold parts for aircraft engines.

    The Serious Fraud Office (SFO) has today charged Jose Alejandro Zamora Yrala with fraudulent trading as part of its investigation into a company that sold airline parts for the passenger and cargo aircraft engines, the CF56 and CF6. 

    Zamora Yrala, the company director, is accused of operating UK-based AOG Technics for a fraudulent purpose. The company’s customers included airlines, maintenance providers and parts suppliers. 

    From 2019 to 2023 the company allegedly defrauded customers by falsifying documentation that related to the origin, status or condition of aircraft parts. 

    Planes in the UK and elsewhere around the world were grounded in 2023 after the UK’s Civil Aviation Authority, the United States’ Federal Aviation Administration, and the European Union Aviation Safety Agency issued safety alerts to airlines that may have bought or installed AOG’s parts. 

    Soon after, the SFO launched an investigation, later agreeing to conduct a joint investigation with Portuguese authorities into the supply of suspected fraudulent safety certification and parts. The Portuguese investigation is ongoing and last week authorities searched ten locations across Portugal and made three arrests with SFO officers in attendance.  

    Zamora Yrala will appear at Westminster Magistrates Court on Monday 2 June 2025. 

    Nick Ephgrave QPM, Director of the Serious Fraud Office (SFO), said: 

    Planes were grounded, and significant disruption was caused, today’s charges are the outcome of a focussed and fast paced investigation.

    I’m proud that we’ve acted swiftly, together with our Europeans partners, to bring this important case to charge in just 19 months.

    Updates to this page

    Published 28 May 2025

    MIL OSI United Kingdom

  • MIL-OSI Africa: Western Cape launches Computerised Learner’s Licence Testing System

    Source: South Africa News Agency

    The Western Cape Government marked a significant milestone in its commitment to safer roads and smarter service delivery with the official launch of the Computerised Learner’s Licence Testing (CLLT) system.

    “If we are to grow our economy and create more jobs, we need to ensure that our residents have the skills that they need to participate in the economy, and a driver’s licence is a critical requirement for many jobs, so we must make getting a driver’s licence as easy as possible for all our residents,” said Western Cape Mobility MEC Isaac Sileku.

    The event took place at the Beaufort West Driving Licence Testing Centre on Monday and showcased a live demonstration of a state-of-the-art digital testing system that replaces the traditional manual booklet method.

    This innovation is set to transform the learner’s licence testing process across the Western Cape.

    “This digital shift is a big step toward safer roads and a stronger economy. By improving driver skills through fair and efficient testing, we’re also boosting employability, supporting the Western Cape’s Growth for Jobs Strategy,” said the MEC.

    The new system is being rolled out in partnership with the Road Traffic Management Corporation (RTMC) and ultimately aims to improve the quality of drivers on Western Cape roads.

    Benefits include promoting safer and more responsible driving through standardised testing, reducing opportunities for corruption, supporting hearing-impaired applicants with on-screen multilingual instructions to eliminate the need for an interpreter, and delivering faster and more accurate results through instant digital processing.

    “This is not just a technological upgrade – it’s a values-driven transformation. The system ensures that every applicant, regardless of ability, is treated with fairness and dignity,” added Sileku.

    The testing terminals, each secured with fingerprint verification, connect directly to the National Traffic Information System (NaTIS) and generate randomised test questions. 

    Results are automatically verified and securely processed, significantly improving both accuracy and data integrity.
    The CLLT classroom includes fully networked workstations, touch-screen kiosks, and a 6kVA uninterrupted power supply (UPS) to maintain continuity in the event of electricity outages. 

    All provincial driving licence testing centres outside of the metro have been equipped with the new CLLT system, with the Western Cape Mobility Department currently engaging the City of Cape Town regarding its roll-out of the new system.

    Residents can make appointments for learner’s licence testing at their local Driving Licence Testing Centre and prepare for their tests using free downloadable study guides for road signs, vehicle controls and the rules of the road via www.natis.gov.za.

    The provincial government remains committed to building a safe and accessible transport environment that supports a thriving economy.– SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: No plans to reform SA’s mineral royalty regime – President Ramaphosa

    Source: South Africa News Agency

    Government remains committed to ensuring that South Africa continues to benefit equitably from its mineral wealth, while reaffirming that there are no current plans to reform the country’s mineral royalty regime. 

    Responding to oral questions in the National Assembly on Tuesday, President Cyril Ramaphosa addressed concerns raised by members regarding the country’s ability to fully capture the potential fiscal benefits of its mineral resources amid a global surge in demand for metals and minerals critical to the renewable energy transition. 

    “Any company that extracts a mineral resource in our country is required to pay the South African government a mineral royalty. This is because mineral resources are finite and cannot be replaced.

    “While it is always good to review existing policies against national priorities, there is no intention at this stage to reform the current mineral royalty regime,” the President said. 

    On the issue of the resource rent taxes, the President said that such taxes aim to ensure that companies extracting minerals pay a larger share of their profits to government whenever profits are high. 

    He explained that South Africa’s mineral royalty regime incorporates an element of the principle underlying resource rent taxes.

    The royalty rate is applied to the sales value of a mineral and is determined by a formula that varies according to profitability, as well as whether the mineral has been refined or is unrefined.

    “There is a minimum rate to ensure that even if profitability is low, the country is still reimbursed for resources that are extracted. In this way, government collects more corporate tax revenue and mineral royalty revenue during commodity booms leading to a higher level of taxation,” the President said. 

    President Ramaphosa cited statistics from the South African Revenue Service which show that mineral royalties doubled from R14.2 billion to R28.5 billion between 2020/21 and 2021/22 because of the commodity boom.

    They remained elevated in 2022/23 before dropping to almost R16 billion in 2023/24, indicating that companies were not as profitable in that year.

    In addition to the payment of mineral royalties, mining companies contribute to national revenue through the payment of corporate income tax, capital gains tax on the disposal of assets, VAT and employees’ pay-as-you-earn tax contributions.

    In the past financial year, the mining industry paid 14% of all corporate taxes in South Africa. Earlier this month, Cabinet adopted a Critical Minerals Strategy for the country, which places a sharper focus on domestic mineral value addition.

    “The strategy itself aims to maximise the country’s potential particularly in the global market for critical minerals, particularly those crucial for the country’s just energy transition and the ones for which the country holds comparative advantage. 

    “This strategy aims to ensure that South Africa derives greater benefits from its mineral wealth through beneficiation, through localisation and the people who work for those companies,” President Ramaphosa said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: Major progress in addressing Emfuleni water and sanitation challenges

    Source: South Africa News Agency

    The Emfuleni Local Municipality is making substantial strides in resolving its long-standing water and sanitation challenges, following decisive intervention by the Department of Water and Sanitation.

    The Vaal River System and surrounding communities have for years suffered from the persistent problem of severe sewage pollution and spillages.

    Despite several interventions by the Ekurhuleni Water Care Company (ERWAT) and the South African National Defence Force, the problem persisted.

    In response, the Department of Water and Sanitation invoked Section 63 of the Water Services Act in 2021, and appointed Rand Water as its implementing agent, to address the situation.

    According to the department, the intervention has already achieved significant milestones. These include unblocking and replacing collapsed sewer lines; refurbishment of pumpstations and existing wastewater treatment works; and assisting the municipality with essential operational tools of trade, including vehicles, and security.

    The department said the remaining work is now on upgrading the capacity of existing Waste Water Treatment Works (WWTW), which are currently struggling to handle the increased amount of sewage due to population growth over the recent decades.

    The department attributed the progress to strong intergovernmental relations, including Gauteng Provincial Government, Rand Water and Emfuleni Local Municipality.

    The total estimated cost of the intervention is R7.6 billion over a seven-year period, including completion of the major capital works.

    The department highlighted that the scope of work will include the upgrades of four WWTW, which will require 3-5 years to complete, based on the engineer’s estimation of the work.

    The scope of work includes upgrading four wastewater treatment facilities, Rietspruit, Leeukuil, Sebokeng, and Meyerton, an effort estimated to take three to five years to complete.

    Rand Water has been assisting the municipality through staff training and procurement of vehicles and equipment to carry out maintenance work, among others.

    The refurbishment of four pump stations has also been completed and are now fully functional. The replacement of 50 collapsed sewer lines have also been completed.

    “As part of this work, two major projects were completed to replace and upgrade the main sewer pipeline from Rothdene pump station to Meyerton Waste Water Treatment Works, as well to replace the main sewer pipeline from pumpstation eight to pumpstation two.

    “In addition, a third project to replace the rising main sewer pipeline from pumpstation two to Leeukruil Waste Water Treatment Works, is 90% complete. Due to these interventions, the incidents of sewage spillages into the community in Emfuleni have reduced markedly,” the department said.

    According to the department, this has resulted in an improvement in the quality of the effluent from the Waste Water Treatment Works into the Vaal River.

    However, the department noted that this improvement is limited by the fact that the existing WWTW remain overloaded, and the problem will only be fully addressed, once the capacity of the treatment works is upgraded.

    The department said it is hard at work to increase the capacity of waste water treatment works, noting that the capacity of Sebokeng Waste Water Treatment Works has been increased by 50 ML per day to 150 ML per day.

    Designs have been completed for a further 50 ML upgrade of Sebokeng Waste Water Treatment Works.

    “Designs for the Rietspruit Waste Water Treatment Works (current capacity 36 ML per day), have been completed to increase the capacity of the WWTW by 50 ML/day. The contractor is currently on-site, [and] designs have been completed to increase the capacity of the Leeukuil Waste Water Treatment Works by 15 ML/day from the current capacity of 36 ML per day,” the department said, adding that work is expected to start anytime.”

    Work is still underway to increase the current capacity of the Meyerton Waste Water Treatment Works, from 10ML per day to 25 ML/day.

    As part of our overall intervention, a Special Purpose Vehicle (SPV) is being established to serve as a dedicated Water Service Provider (WSP) In the municipality.

    The establishment of the SPV aims to create a professionally managed, dedicated utility with full responsibility and accountability for the provision of water and sanitation services in Emfuleni.

    Discussions between the department, Emfuleni Local Municipality and Rand Water, are currently underway with National Treasury to obtain the necessary Public Finance Management Act (PFMA) and Municipal Finance Management Act (MFMA) approvals for its establishment.

    “The department is satisfied that these interventions are delivering the desired results. We can boldly state, without any fear of contradiction, that, as a result of Minister’s decisive intervention, incidents of sewage spillages into the community in Emfuleni have been drastically reduced.

    “Ongoing upgrading of the capacity of Waste Water Treatment Works is necessary to ensure that the problem is completely eliminated. The department will continue to fund Rand Water to complete the upgrades of the three Waste Water Treatment Works,” the department said.

    To maintain momentum, the department believes that focused attention and energy must be directed towards fighting vandalism and theft of infrastructure and addressing the scourge of non-revenue water.

    The department also acknowledged the positive role that communities and other sectors, through the political steering committee, continue to play as we intensify efforts to address the water and sewage challenges in the area. – SAnews.gov.za
     

    MIL OSI Africa

  • MIL-OSI Africa: Minister to launch 2025 winter customary initiation season

    Source: South Africa News Agency

    Wednesday, May 28, 2025

    The Minister of Cooperative Governance and Traditional Affairs (CoGTA), Velenkosini Hlabisa, will officially launch the winter customary initiation season for 2025.

    The Department of Cooperative Governance and Traditional Affairs emphasised that this important cultural practice, which signifies the transition to adulthood, has encountered challenges in the past due to unregulated initiation schools and related fatalities.

    In response to these issues, the government enacted the Customary Initiation Act of 2021 to ensure safer practices.

    This year’s season will launch under the theme: “Mabaye Bephila, Babuye Bephila,” calling for the safety and well-being of all initiates.
    Hlabisa will detail the extensive preparations and important measures undertaken by government and traditional leaders to ensure that the initiation process remains a safe, dignified, and culturally significant tradition.

    Friday’s launch will be attended by key stakeholders, including the Cabinet Minister, the Deputy Ministers of CoGTA, the MECs of CoGTA, members of the Kings and Queens Forums, representatives from the National and Provincial Houses of Traditional and Khoi-San Leaders, the National Initiation Oversight Committee, as well as officials from law enforcement and the health sector.

    The launch will take place at the Premier’s Auditorium, OR Tambo Building in Bloemfontein, Free State. –SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: Tackling human trafficking

    Source: South Africa News Agency

    Gone are the days when human trafficking felt like an obscure crime that occurs under the cover of night in far off places we have never heard of. 

    Every so often we hear of suspected human trafficking cases, and it is likely that you and I could have already interacted with a trafficked person(s) without even knowing it.

    This as police rescued 44 illegal immigrants who were found locked in a house in Gauteng’s Parkmore suburb recently.

    It was also reported in March that over 30 Ethiopian nationals were able to escape from a house in Johannesburg’s Lombardy East. In that case, it is suspected that the 30 were victims of a human trafficking syndicate.

    In January, over 20 Ethiopians were rescued from a house in Johannesburg. The rescue followed a similar one in August 2024 where 82 Ethiopians were also found at a house in Johannesburg.

    Additionally, human trafficking does not only take place on home soil. In March, the Department of International Relations and Cooperation (DIRCO) confirmed that 23 South Africans who were part of a group of 7000 people from various countries, were rescued from Myanmar.

    Before leaving South African shores in 2024, the men and women were lured by an employment agency to Thailand under the pretences of lucrative jobs that were advertised on various social media platforms.
    According to DIRCO, the adverts promised the victims good salaries, free accommodation, comprehensive travel expenses, and other lucrative benefits. However, once in Thailand, they were transported to Myanmar against their will.

    They were held captive for more than four months in a cybercrime compound in Myanmar, which borders Thailand. 

    “The crime of human trafficking is a hidden one. It is a very different one in the sense that you are given promises of a better life through whatever means elsewhere. You wilfully participate in those engagements without knowing that as soon as you arrive at your destination, what you have been promised is no longer there,” said Deputy Director-General (DDG) Lucky Mohalaba.

    Mohalaba is the DDG for Court Administration at the Department of Justice and Constitutional Development (DOJ&CD).

    “The courts are currently dealing with those matters [of human trafficking] and it ranges from sexual exploitation to forced labour,” he said in an interview with SAnews.

    Legislation

    He added that there are other forms of crimes in relation to the “Trafficking in Persons Act which may include harbouring, transporting [and] assisting in whatever form that those who have been trafficked are able to be moved around within our borders.”

    This as the objects of South Africa’s Prevention and Combating of Trafficking in Persons Act 2013, among others, are to give effect to the country’s obligations concerning the trafficking of persons in terms of international agreements and to provide for the prevention of trafficking in persons and for the protection of and assistance to victims of trafficking, among others.

    According to the legislation, any person who delivers, recruits, transports, transfers, harbours, sells, exchanges, leases or receives another person within or across the borders of the Republic, by means of the threat of harm, abduction and kidnapping among others, for the purpose of any form or manner of exploitation, is guilty of the offence of trafficking in persons.

    It also states that any person who adopts a child, facilitated or secured through legal or illegal means; or concludes a forced marriage with another person, within or across the borders of the Republic, for exploitation purposes of that child or other person in any form, is guilty of an offence.

    A person convicted of an offence of trafficking (by delivering, recruiting, transporting transferring harbouring and selling among others another person by means of a threat of harm, fraud and kidnapping among others, is liable to a fine not exceeding R100 million or imprisonment, including imprisonment for life, or such imprisonment without the option of a fine or both.

    According to the National Prosecuting Agency, the passing of the trafficking legislation is a result of South Africa’s ratification of the Protocol to Prevent, Suppress and Punish Trafficking in Persons, especially women and children.

    Additionally, the United Nations Office of Drugs and Crime (UNODC) said the protocol -which was adopted by the United Nations in November 2000 – is the world’s primary legal instrument to combat human trafficking.

    Mohalaba stressed that government is tackling human trafficking.

    “What we can say to the public is that government is doing quite a lot of work in relation to this matter. But working together with civil society as well as communities, as a department we are of the view that we can do a lot to further curb instances and the incidence of trafficking in persons in South Africa,” he said from his office at the DOJ&CD.

    Increased effort 

    There is tangible evidence that the work government is doing in this area is paying off with the county having moved to a better spot on the United States of America’s (USA) annual Trafficking in Persons (TIP) Report.

    In 2024, South Africa moved from Tier 2 Watch List of the report to Tier 2. 

    Released in June last year, the report, which is available on the US Department of State website among others, notes that while South Africa does not “fully meet the minimum standards for the elimination of trafficking… [it] is making significant efforts to do so.”

    “The government demonstrated overall increasing efforts compared with the previous reporting period; therefore South Africa was upgraded to Tier 2. These efforts included increasing prosecutions of traffickers; identifying and referring more trafficking victims to protection services; and increasing the number of shelters available to assist trafficking victims,” the report stated.

    It also took note of government’s National Inter-Ministerial Committee for Trafficking in Persons (NICTIP) to strengthen anti-trafficking efforts which included the Border Management Authority, the Anti-Money Laundering Integrated Task Team and the Financial Intelligence Center.

    He said that work done includes ensuring that there is domestic legislation in place that deals with trafficking in persons and that the country has in place mechanisms to identify, assess victims or suspected victims of trafficking and ensuring that there are shelters to accommodate victims while court processes continue.

    “As a result of our responses, we moved to Tier 2 as these are some of the issues the country has addressed. Of course, our aim is to ensure that we move a level higher up which will include putting more effort into ensuring that there’s appropriate training for officials that are dealing with these matters.  We are working on this,” he explained.

    According to the TIP, the placement of countries into various tiers is not based on the size of a country’s problem “but on the extent of government efforts to meet the Trafficking Victims Protection Act’s (TVPA) minimum standards for the elimination of human trafficking.”

    These standards include the prohibition of severe forms of trafficking in person and punishing acts of such trafficking.
    Tier 2 Watch List countries are those whose governments don’t fully meet the TVPA’s minimum standards but are making moves to “bring themselves into compliance” with the standards.

    Tier 2 countries are those whose governments do not fully meet the minimum standards but are making significant efforts to bring themselves into compliance. Additionally, Tier 1 countries are those in which governments fully meet the minimum standards for the elimination of trafficking.

    The TIP also has Tier 3 countries whereby governments do not fully meet the minimum standards and are not making significant efforts to do so.

    Mohalaba added that the NICTIP which the department and the NPA are co-chairing, is “seized with coordinating a lot of efforts around the trafficking in persons across the country.”

    “It also includes NGOs [non-government organisations] who take part in the discussions so that all of us working together are able to move our country forward and prevent this scourge in trafficking of persons.”

    The report however flagged several issues including that law enforcement did not have the capacity and training to refer victims of trafficking to care and that victim services remained insufficient among others.

    The report states that over “180 countries have ratified or acceded to the United Nations (UN) Protocol to Prevent, Suppress and Punish Trafficking in Persons (the UN TIP Protocol), which defines trafficking in persons and contains obligations to prevent and combat the crime.”

    Collaboration 

    South Africa’s Parliament passed the Prevention and Combating of Trafficking in Persons, 2013 Act which came into operation in August 2015.

    “Again, we must appreciate the collaboration amongst the law enforcement agencies and particularly communities and civil society to ensure that these serious matters are addressed.

    The act requires the DOJ&CD to develop the draft National and Policy Framework (NPF) which also requires the Minister of Justice to table the approved NPF in Parliament within one year after the commencement of the Act.

    Added to that, the NFP is to be reviewed within three years after its publication in the government gazette and at least once every five years thereafter. The first NPF was approved by the Justice Crime Prevention and Security (JCPS) cluster in 2019 with the revised one having been approved by Cabinet in August 2023. It was tabled in Parliament in February 2024.

    The framework comprises four pillars – namely: prevention, protection, prosecution and partnerships.

    “Trafficking is an international crime, and States have been encouraged to put in laws that deal with this. We are using the NFP to compliment the legislation working together with civil society to make sure that we combat and deal with issues of trafficking in persons,” said the DDG.

    The NPF states that trafficking in persons is a “serious crime and a grave violation of human rights posing a serious challenge to communities and to society at large.”

    In the document, government states that it is committed to preventing trafficking, as well as to assist and protect victims and to prosecute perpetrators.

    “People go to great lengths to ensure that when people are trafficked, that it falls within the ambit of organised crime. We really want to appeal to the public that we should be vigilant when we see instances of people being trafficked in our villages, townships, in towns or any other areas we see the potential of people being trafficked,” said the DDG.

    He added that the review of the policy framework will be made in 2027.

    “As a country, we remain resolute in working with whichever country across the globe to ensure that the issues of trafficking in persons are actually made a priority across the world.” –SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI China: Former President Tsai visits UK Parliament and delivers speech at LSE, deepening bilateral ties

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    May 20, 2025  

    No. 165  

    Former President Tsai Ing-wen visited Europe from May 10 to 19, traveling to Lithuania and Denmark before continuing to the United Kingdom. On May 15, the first day of her stay in the United Kingdom, she visited the UK Parliament at the invitation of British-Taiwanese All-Party Parliamentary Group (APPG) Cochairs Sarah Champion MP and Lord Rogan. She was warmly welcomed by parliamentarians from across the political spectrum. 

     

    The former president met with House of Commons Speaker Sir Lindsay Hoyle and took part in a reception at the House of Lords, where she delivered a speech. She exchanged greetings with nearly 50 parliamentarians and staff, including former Lord Speaker Baroness D’Souza, House of Lords Deputy Speaker Baroness Finlay, Trade Envoy to Taiwan Lord Faulkner, Labour Friends of Taiwan Chair Navendu Mishra MP, former Conservative Party leader Sir Iain Duncan Smith MP, Conservative Shadow Minister for Innovation and Technology Ben Spencer MP, and Liberal Democrat Foreign Affairs Spokesperson Calum Miller MP.

     

    In her address at the House of Lords, former President Tsai said that the growing threat of antidemocratic forces was testing democracy around the world, adding that this demonstrated the need for Taiwan and the United Kingdom to work together in defense of freedom and democracy. She commended the House of Commons for passing a motion last November clarifying that United Nations General Assembly Resolution 2758 made no reference to Taiwan. This was important in countering reckless behavior in the Taiwan Strait, she explained. Highlighting Taiwan’s position on the front line of defending democracy, former President Tsai said that Taiwan was a critical deterrent to China’s expansionist ambitions and would continue to contribute to protecting democratic values.

     

    APPG Cochair Champion noted that Taiwan and the United Kingdom had a deep friendship and shared core values. She said that the United Kingdom should continue to pay attention to peace and stability across the Taiwan Strait, which she added were essential to global security and prosperity. Cochair Champion noted that in recent years the Taiwan-UK partnership had deepened. She expressed hope that cooperation would expand in semiconductors, artificial intelligence, renewable energy, advanced manufacturing, economic resilience, and other areas.

     

    Former President Tsai also delivered a speech titled “In an Era of Shifting World Order: Taiwan as a Stabilizing Force” at her alma mater, the London School of Economics and Political Science (LSE). The event was moderated by incoming LSE Law School Dean Andrew Murray, who represented the university and LSE President Larry Kramer. Around 100 people, including General Counsel Elizabeth Messud, attended the speech. In her remarks, former President Tsai noted that the international community was experiencing a reassignment of security responsibilities and a rebalancing of trade relations. She said that to appropriately respond to multiple challenges such as economic fragmentation, political extremism, and military conflict, the function of multilateralism was becoming even more important. The former president emphasized that Taiwan had shown a high degree of resilience in turbulent times in the past, such as during supply chain restructuring, and had proven to be a trustworthy and competitive strategic partner. She added that Taiwan was ready to play a more proactive role in the new world order by further deepening cooperation with democratic countries and contributing to the global trade system. Her remarks were enthusiastically received by the audience. 

     

    During her visit to the United Kingdom, former President Tsai also gave an address at Cambridge University, met with faculty and students at the School of Oriental and African Studies, attended a forum hosted by the Royal United Services Institute, and met with Taiwanese people working in the United Kingdom on technology startups and in the arts.

     

    Taiwan-UK relations have witnessed significant progress in recent years. In 2023, the United Kingdom signed the Enhanced Trade Partnership arrangement with Taiwan, becoming the first European country to establish a formal economic and trade framework with Taiwan. The United Kingdom is Taiwan’s fourth-largest trading partner in Europe, third-largest source of investment, and fifth-most popular destination for Taiwanese students studying abroad. The countries collaborate closely in fields such as technological innovation, renewable energy, and societal resilience. Taiwan will further work together with the United Kingdom and other like-minded countries to advance democratic resilience and prosperity. It looks forward to the United Kingdom continuing to demonstrate its commitment to security in the Indo-Pacific region by deploying naval vessels through the Taiwan Strait and taking other concrete actions. 

    MIL OSI China News

  • MIL-OSI Europe: OSCE seminar in Turkmenistan addresses effective communication in the digital age

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE seminar in Turkmenistan addresses effective communication in the digital age

    Participants discuss a practical task during an OSCE-organized training seminar on the use of new technologies in interaction between state institutions and media, Ashgabat, 27 May 2025, OSCE (OSCE) Photo details

    The use of new technologies in interaction between state institutions and media was in focus of an OSCE-organized training seminar that took place on 27 and 28 May 2025 in Ashgabat.
    The training seminar targeted officials of Turkmenistan’s key state institutions who are in charge of communications work and websites of their institutions as well as journalists representing print, broadcast and online media.
    The training seminar familiarized participants with best communications practices of state institutions and aimed to contribute to enhancing their contacts with media though the use of new technologies.
    Guido Keel, Senior Advisor to the OSCE Representative on Freedom of the Media and Živilė Navickaitė-Babkin, strategic communication expert from Lithuania delivered the seminar focusing on core principles of effective communication and modern instruments used by state institutions in interaction with the media.
    “The OSCE commitments on freedom of information and access to information are enshrined in a number of the Organization’s key document, including the Helsinki Final Act, the fiftieth anniversary of which we celebrate this year,” said John MacGregor, Head of the OSCE Centre in Ashgabat.
    “These documents commit governments to be more transparent by providing timely and reliable information and facilitate a well-informed and responsive dialogue,” emphasized MacGregor.
    The seminar participants learnt about a corporate newsroom, its traditional organization, structure and functions, and talked about the essential role of strategic thinking in communications. The experts shared most common mistakes in interaction with the media and provided recommendations for creating user-friendly content. The event also discussed opportunities and limits of multimodal communication and how artificial intelligence changes communications.
    “Our seminar highlights the importance of providing accurate reliable information to our citizens, especially in this age of digital technologies and   artificial    intelligence,” added MacGregor.

    MIL OSI Europe News

  • MIL-OSI: Gevo to Sell Luverne, Minnesota Ethanol Facility to A.E. Innovation; Will Retain Isobutanol Assets for Future Innovation

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., May 28, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that it has entered into a definitive agreement to sell Agri-Energy, LLC (“Agri”), a wholly owned subsidiary of Gevo, to A.E. Innovation, LLC (“A.E.”) for $7 million. The transaction includes Agri’s 18-million-gallon-per-year ethanol-production facility located in Luverne, Minnesota. Gevo will retain ownership of certain isobutanol-production-related assets and a portion of the vacant land at the site for future use. With these retained assets, Gevo could potentially produce up to 1 million gallons per year of isobutanol, which can be sold as a specialty chemical, or converted into isooctane and jet fuel.

    A.E., an agriculture-oriented buyer group located in Minnesota, will acquire the ethanol plant and a portion of the land with the intent to restart ethanol production, which has been idled since 2022. A.E. also intends to make the site available for other companies to scale up new technologies and ideas as an innovation hub.

    “We’re seeing rapid innovation in the direction of bio-based fuels and chemicals and Agri-Energy has the demonstrated history that it can work on the cutting edge,” says Dave Kolsrud, principal of A.E. Innovation, LLC. “We see Gevo and others making strides and we know we’ll be a part of that. We are excited to host the next generation of biofuel innovations that need a friendly, practical place where they can scale them up. That’s Luverne, with its history of innovation, its low-carbon corn supply, wind power, and great people.”

    Over the last several years, the Luverne plant, in conjunction with local farmers, has been used as a demonstration site for educating Gevo’s stakeholders about regenerative agriculture and the versatility of corn and its co-products, as well as biofuel production, including synthetic aviation fuel (“SAF”), isobutanol, and ethanol. Gevo and A.E. look forward to continuing and expanding upon this valuable stakeholder outreach.

    “We see tremendous potential for future growth and new partnerships with A.E. Innovation,” says Patrick Gruber, CEO of Gevo. “Minnesota’s farming communities, especially in places like Luverne, are leading the way with smart, sustainable agricultural practices. We believe it’s the perfect foundation for building innovative solutions in carbohydrate-based energy and chemicals that the world urgently needs.”

    Gevo notes that the sale of Agri-Energy to A.E. Innovation provides $2 million of cash upon closing and an additional $5 million of future cash under the purchase agreement, along with an estimated annual savings of approximately $3 million per year of current facility idling costs. Gevo also anticipates potential future benefits from isobutanol fermentation through a side-by-side operational model with the ethanol assets. Restarting ethanol production is expected to bring positive impacts to the City of Luverne, including support for local farmers and strengthening the regional economy.

    The transaction is expected to close by the end of 2025, subject to the procurement of financing by A.E. and the satisfaction of other customary closing conditions.

    About Gevo
    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. Gevo also operates an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    About A.E. Innovation, LLC
    A.E. Innovation, LLC, is an agriculture-oriented buyer group located in Minnesota founded to purchase the ethanol-production assets of Agri-Energy, LLC, with the intent of operating the plant as an innovation facility providing companies with the opportunity to certify that new technologies can transition from laboratory or bench-top status to full production-level performance using locally sourced, regeneratively grown corn as a feedstock. For more information regarding innovation opportunities at the Luverne, MN facility, contact David Kolsrud (507-920-5348) email: david@dakrenewableenergy.com or Dan Heard (605-929-2047) email: dan@dakrenewableenergy.com.

    Forward Looking Statements
    This release contains “forward-looking statements” within the meaning of the federal securities laws. All statements other than statements of historical fact are forward-looking statements, including statements related to the expected closing of the acquisition or the timing thereof, and future plans for the assets. These statements relate to analyses and other information, which are based on forecasts of future results or events and estimates of amounts not yet determinable. We claim the protection of The Private Securities Litigation Reform Act of 1995 for all forward-looking statements in this release.

    These forward-looking statements are identified by the use of terms and phrases such as “anticipate,” “assume,” “believe,” “estimate,” “expect,” “goal,” “intend,” “plan,” “potential,” “predict,” “project,” “target” and similar terms and phrases or future or conditional verbs such as “could,” “may,” “should,” “will,” and “would.” However, these words are not the exclusive means of identifying such statements. Although we believe that our plans, intentions and other expectations reflected in or suggested by such forward-looking statements are reasonable, we cannot assure you that we will achieve those plans, intentions or expectations. All forward-looking statements are subject to risks and uncertainties that may cause actual results or events to differ materially from those that we expected.

    Important factors that could cause actual results or events to differ materially from our expectations, or cautionary statements, include among others, failure to satisfy any conditions to the closing of the transaction in a timely manner or at all; the occurrence of any event that could give rise to termination of the definitive agreement, including the inability to obtain financing; changes in legislation or government regulations affecting the proposed transaction or the parties; and other risk factors or uncertainties identified from time to time in Gevo’s filings with the US Securities and Exchange Commission (“SEC”). All written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by the cautionary statements identified above and in the section entitled “Risk Factors” and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 2024 as well as other cautionary statements that are made from time to time in our other SEC filings and public communications. You should evaluate all forward-looking statements made in this release in the context of these risks and uncertainties.

    We caution you that the important factors referenced above may not reflect all of the factors that could cause actual results or events to differ from our expectations. In addition, we cannot assure you that we will realize the results or developments we expect or anticipate or, even if substantially realized, that they will result in the consequences or affect us or our operations in the way we expect. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

    Media Contact
    Heather L. Manuel
    VP, Stakeholder Engagement & Partnerships
    PR@gevo.com

    IR Contact
    Eric Frey
    VP, Finance & Strategy
    IR@Gevo.com

    The MIL Network

  • MIL-OSI: BTCC Exchange Launches Hot Coins Trading Week Campaign Series Ahead of 14th Anniversary Celebration

    Source: GlobeNewswire (MIL-OSI)

    A Media Snippet available here.

    VILNIUS, Lithuania, May 28, 2025 (GLOBE NEWSWIRE) — BTCC, the world’s longest-serving crypto exchange, is excited to announce the launch of its Hot Coins Trading Week campaign series, marking the beginning of pre-anniversary celebrations leading up to the platform’s 14th milestone in June. The first round of the campaign focuses on carefully selected spot and futures pairs that have gained significant traction among the exchange’s user base of over 7 million.

    The first round, which runs from May 26 to June 2, 2025, features a diverse selection of trending pairs including TRUMP, PI, and AI16Z. The campaign offers substantial rewards totaling 50,000 USDT across two prize pools, including exclusive benefits for new users and trading volume-based rewards for active participants:

    • New User Exclusive Prize Pool: First-time BTCC traders can earn 10 USDT by achieving 10,000 USDT in cumulative trading volume.
    • Trading Champions: High-volume traders compete for rewards ranging from 5 USDT to 800 USDT based on trading volume.

    “These selected pairs not only reflect current market trends, but also align with our users’ trading behavior observed over the past quarter,” said Alex, Head of Operations at BTCC. “After 14 years, we know what our community wants to trade. This campaign gives our traders straightforward spot trading on the assets they’re most excited about, with more rounds featuring different coins coming as we build up to our June anniversary.”

    The timing of this campaign series strategically positions BTCC as it approaches its 14th anniversary milestone in June. The exchange has built a reputation for longevity and stability in the volatile cryptocurrency market, making it one of the industry’s most established platforms.

    Users can participate in the current round through BTCC’s platform, with additional rounds to be announced in the coming weeks. The exchange encourages traders to stay updated on campaign developments and anniversary celebrations through BTCC’s official X account.

    About BTCC

    Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

    Website: https://www.btcc.com/en-US

    X: https://x.com/BTCCexchange

    Contact: press@btcc.com

    The MIL Network

  • MIL-OSI Russia: Students of the Polytechnic Institute of Social Sciences won the tournament of young chefs

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    Polytechnics won the Yunus Akhmetzyanov Young Chefs Tournament, which was held in Kazan at the Kazan-Expo International Exhibition Center. Students from Moscow, the Sverdlovsk Region, Tatarstan, and other regions of Russia participated in the competition. ISPO SPbPU was represented by three teams of 2nd and 3rd year students.

    To get to the final of the international tournament, the guys had to pass a serious competitive selection. The participants had to prepare an original set of three dishes (appetizer, main course, dessert) on the theme “National Lunch of Your Region”. The ISPO teams presented dishes of St. Petersburg cuisine, successfully passed the semi-finals and performed well in the final stage.

    Egor Ivanov, Ekaterina Romanova and Aleksandr Kiselev won in the Fundamental Knowledge category. The guys prepared a set called “Petrovsky Nocturne”, consisting of forshmak with gorgonzola mousse, a hot dish – chicken roll, mashed potatoes with spinach, wild mushroom mousse, and a dessert called “Blancmange”.

    In the nomination “Technologies of the Future” the best were Irina Murtazina, Darya Shramova and Ivan Voronin. They presented the set “Gold of the North”. Cloudberry was used in each of the three dishes: in the quail appetizer “Northern Desire”, the hot dish of rabbit lapin à Petersburg and in the dessert “White Forest”.

    In the nomination “Art of serving a dish”, the first place was taken by Maria Petrova, Anastasia Semenova and Andrey Bratok. The team prepared a set called “Monplaisir”: bruschetta with roast beef in honey-mustard sauce, duck breast sous-vide under raspberry sauce with pumpkin and celery puree and a tarte charlotte dessert. The guys said that they were inspired by the 19th century, when European culture, including gastronomic culture, came to the Northern capital.

    The jury included international pastry chef, TV presenter, author of cookbooks Nina Tarasova, head of the tournament directorate Mikhail Sharipov, chef and brand chef of the Kazan restaurant chain Andrey Sakhovsky and other experts. The tournament participants received recommendations from authoritative chefs not only from Russia, but also from representatives of other countries, including Azerbaijan, Turkey, Tunisia, Iran, UAE, Saudi Arabia, Morocco.

    After the tournament, Azerbaijani chef Tahir Amiraslanov visited the Institute of Secondary Vocational Education. In 1984, he graduated from the Leningrad Institute of Soviet Trade. Now Tahir Amiraslanov is the general director of the Center for Azerbaijani National Culinary Arts, the president of the national association of chefs of Azerbaijan, and the author of books on cooking and the art of nutrition. Tahir Amiraslanov gave a lecture to students of the ISPO. He shared stories from his student days, revealed the secrets of preparing some dishes, their composition and serving. After a tour of the Museum of the History of the Development of Public Catering in St. Petersburg, Tahir Amiraslanov donated his books to the ISPO.

    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.

    MIL OSI Russia News

  • MIL-OSI Russia: Ethiopia’s Central Bank: Leading Transformative Reform

    Source: IMF – News in Russian

    May 28, 2025

    Ethiopia has taken historic steps to address macroeconomic imbalances while fostering sustainable growth

    Over the past year, Ethiopia—Africa’s second most populous country—has embarked on a comprehensive transformation of its monetary and exchange rate regimes. After decades of tight control, the country has liberalized the foreign exchange regime, adopted a more flexible exchange rate, moved to an interest rate-based monetary policy, and ended central bank financing of government. In parallel, the National Bank of Ethiopia (NBE) is updating its legal framework and internal organization. 

    These reforms aim to address acute foreign exchange shortages and inflation, creating conditions for high, sustainable growth. The authorities are also tackling budgetary constraints, financial vulnerabilities in state-owned enterprises and state-owned banks, and a sovereign debt restructuring while mitigating social impacts and managing humanitarian pressures. The IMF is supporting Ethiopia’s reform efforts through a four-year $3.4 billion Extended Credit Facility Arrangement.

    During the 2025 IMF-World Bank Spring Meetings, Mamo Mihretu, Governor of the National Bank of Ethiopia discussed these key reforms with Abebe Aemro Selassie, Director of the IMF’s African Department. The following is an edited transcript of the conversation, focusing on key highlights (view video). 

    Abebe Aemro Selassie: Ethiopia is undergoing significant reforms that are reshaping its economic landscape. Can you provide some context regarding the state of the economy before these reforms?

    Mamo Mihretu: After two decades of sustained economic growth, primarily driven by public investment, Ethiopia faced unsustainable macroeconomic imbalances. The state’s reliance on external creditors, the large public bank, and NBE led to foreign exchange shortages, limited access to credit for the private sector, high inflation, financial stability risks, and debt vulnerabilities.

    Abebe Aemro Selassie: What are the primary objectives of the reform agenda that Ethiopia has embarked upon?

    Mamo Mihretu: We launched our Homegrown Economic Reform Program in 2019. The objective of the reforms was to address fundamentally, boldly, and conclusively the sources of macroeconomic instability in Ethiopia and create a much more open, investment-friendly, and private-sector-friendly environment. These objectives are critical for our job creation agenda that will increase income and improve livelihoods.

    Abebe Aemro Selassie: Can you elaborate on some of the key reforms in Ethiopia’s monetary policy?

    Mamo Mihretu: We have made historic changes, including the revision of the Central Bank Act to prioritize price stability. We introduced a monetary policy rate, implemented open market operations for liquidity management with banks, and established a Monetary Policy Committee to advise on monetary policy decisions based on comprehensive assessments of economic conditions. Interest rates are now positive in real terms. Inflation has declined from 30 percent to 13 percent.

    Abebe Aemro Selassie: What about the reforms related to foreign exchange? What changes have been implemented?

    Mamo Mihretu: Ethiopia has a market-based foreign exchange regime for the first time in five decades. We comprehensively liberalized foreign exchange transactions and eliminated the requirement to surrender export earnings to the NBE. The early results have been promising; we expect exports to double and have already tripled our foreign reserves, while foreign exchange availability has also increased.

    Abebe Aemro Selassie: Communication appears to be a vital aspect of your reform strategy. Can you discuss its importance?

    Mamo Mihretu: Building credibility and trust is essential. We are investing in transparent communication and actively monitor market dynamics. By maintaining open channels of dialogue with stakeholders, we aim to foster a supportive environment for these reforms.

    Abebe Aemro Selassie: What lessons have emerged from your experience in implementing these reforms?

    Mamo Mihretu: Several key lessons stand out. First, preparation and coordination among government agencies are crucial. Second, the sequencing of reforms matters; it helps maintain stability and manage public expectations. Finally, adapting to evolving economic conditions is vital for the success of any reform effort.

    Abebe Aemro Selassie: What are the next steps for Ethiopia in terms of reform and economic development?

    Mamo Mihretu: We have to deepen the current monetary policy reforms as we move to a fully-fledged interest-rate based monetary policy. We are also working on deepening the foreign exchange market. Most importantly we are decisively addressing macroeconomic instability to create a strong foundation for sustainable growth.

    https://www.imf.org/en/News/Articles/2025/05/28/cf-ethiopias-central-bank-leading-transformative-reform

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI United Nations: 28 May 2025 News release Seventy-eighth World Health Assembly concludes: historic outcomes, consequential highlights

    Source: World Health Organisation

    The  Seventy-eighth World Health Assembly (WHA78), the annual meeting of World Health Organization’s (WHO) Member States, came to a close Tuesday, as health leaders lauded vast accomplishments and global solidarity.

    The Assembly, WHO’s highest decision-making body, convened from 19 May to 27 May, under the theme “One World for Health”. Member States considered approximately 75 items and sub-items across all areas of health, engaging in lively debate and adopting consequential resolutions to improve health for all.

    “The words ‘historic’ and ‘landmark’ are overused, but they are perfectly apt to describe this year’s World Health Assembly,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “The adoption of the Pandemic Agreement and the approval of the next increase in assessed contributions, along with the numerous other resolutions that Member States adopted are a sign to the world that we can achieve cooperation in the face of conflict, and unity amid division.”

    World’s first pandemic agreement: equity for all

    On 20 May, Member States adopted the historic WHO Pandemic Agreement. The moment was met with heartfelt applause, celebrating over three years of intense negotiations by the Intergovernmental Negotiating Body, comprising WHO’s Member States.

    The adoption of the Agreement is a once-in-a-generation opportunity to safeguard the world from a repeat of the suffering caused by the COVID-19 pandemic. The Agreement aims to enhance global coordination and cooperation, equity and access for future pandemics, all while respecting national sovereignty.

    Over the next year, Member States will build on the Resolution, by holding consultations on the Pathogen Access and Benefit Sharing system (PABS), an annex to the Agreement which would enhance equitable access to medical advancements.

    Sustainable financing: protecting the future of global health

    In a changing financial landscape, Member States united to protect WHO’s critical work by approving the second 20% increase in assessed contributions (ACs). By 2030–2031, ACs will make up 50% of WHO’s core budget, providing more predictable, resilient, and flexible funding.

    The Assembly’s commitment to sustainable financing did not stop there; at a high-level pledging event during WHA78, health leaders pledged at least US$ 210 million for WHO’s Investment Round, the fundraising campaign for the Organization’s global health strategy for the next four years (the Fourteenth  General Programme of Work). In addition to the US$ 1.7 billion already raised for the Investment Round, these pledges mark a significant step toward sustainable financing of WHO. Since launching in May 2024, the Investment Round has attracted 35 new contributors – moving WHO closer to the broader donor base envisioned in the Director-General’s ongoing transformation agenda.

    Action for health: major decisions and resolutions

    WHA 78 was steadfast in addressing ongoing health issues and adaptable in targeting threats and conflicts. The accomplishments of the Assembly spanned many areas of health as Member States 

    • adopted a new resolution highlighting the global health financing emergency;
    • endorsed first-ever resolutions on lung and kidney health, highlighting the upcoming UN General Assembly focus on noncommunicable diseases;
    • adopted a new resolution on science-driven norms and standards for health policy and implementation;
    • adopted a new target to halve the health impacts of air pollution by 2040; 
    • adopted an innovative resolution to promote social connection with growing evidence linking it to improved health outcomes and reduced risk of early death; 
    • adopted a resolution for a lead-free future;
    • adopted a resolution to address rare diseases, protecting the over 300 million people globally who live with one of more than 7000 rare diseases;
    • agreed to expand the provisions of the International Code of Marketing of Breast-milk Substitutes to tackle the digital marketing of formula milk and baby foods; 
    • adopted a resolution to accelerate the eradication of Guinea worm disease.

    The Assembly adopted other resolutions on digital health, the health and care workforce, medical imaging, nursing and midwifery, sensory impairment, and skin diseases, among others. Two new official WHO health campaigns were established: World Cervical Cancer Elimination Day and World Prematurity Day.

    Strengthening health emergency preparedness and response

    The World Health Assembly also discussed WHO’s work in health emergencies. Over the last year, WHO responded internationally to 51 graded emergencies across 89 countries and territories, including global outbreaks of cholera and mpox – a public health emergency of international concern – as well as multiple humanitarian crises. Working with over 900 partners across 28 health clusters, WHO helped provide health assistance for 72 million people in humanitarian settings. Nearly 60% of new emergencies were climate-related, highlighting the growing health impacts of climate change.

    During the Assembly, Member States

    • considered matters pertaining to WHO’s work in health emergencies and commended the Organization’s leadership in this space;
    • noted the Director-General’s report on implementation of the health emergency prevention, preparedness, response and resilience (HEPR) framework and expressed their support for the strengthening of the global architecture;
    • considered the health needs of people in Ukraine and the occupied Palestinian territory;
    • noted the Director-General’s report on progress made in implementing the International Health Regulations (2005); and
    • approved a decision to strengthen the research base on public health and social measures to control outbreaks.

    MIL OSI United Nations News

  • MIL-OSI Asia-Pac: Former President Tsai visits UK Parliament and delivers speech at LSE, deepening bilateral ties

    Source: Republic of China Taiwan

    May 20, 2025  
    No. 165  

    Former President Tsai Ing-wen visited Europe from May 10 to 19, traveling to Lithuania and Denmark before continuing to the United Kingdom. On May 15, the first day of her stay in the United Kingdom, she visited the UK Parliament at the invitation of British-Taiwanese All-Party Parliamentary Group (APPG) Cochairs Sarah Champion MP and Lord Rogan. She was warmly welcomed by parliamentarians from across the political spectrum. 
     
    The former president met with House of Commons Speaker Sir Lindsay Hoyle and took part in a reception at the House of Lords, where she delivered a speech. She exchanged greetings with nearly 50 parliamentarians and staff, including former Lord Speaker Baroness D’Souza, House of Lords Deputy Speaker Baroness Finlay, Trade Envoy to Taiwan Lord Faulkner, Labour Friends of Taiwan Chair Navendu Mishra MP, former Conservative Party leader Sir Iain Duncan Smith MP, Conservative Shadow Minister for Innovation and Technology Ben Spencer MP, and Liberal Democrat Foreign Affairs Spokesperson Calum Miller MP.
     
    In her address at the House of Lords, former President Tsai said that the growing threat of antidemocratic forces was testing democracy around the world, adding that this demonstrated the need for Taiwan and the United Kingdom to work together in defense of freedom and democracy. She commended the House of Commons for passing a motion last November clarifying that United Nations General Assembly Resolution 2758 made no reference to Taiwan. This was important in countering reckless behavior in the Taiwan Strait, she explained. Highlighting Taiwan’s position on the front line of defending democracy, former President Tsai said that Taiwan was a critical deterrent to China’s expansionist ambitions and would continue to contribute to protecting democratic values.
     
    APPG Cochair Champion noted that Taiwan and the United Kingdom had a deep friendship and shared core values. She said that the United Kingdom should continue to pay attention to peace and stability across the Taiwan Strait, which she added were essential to global security and prosperity. Cochair Champion noted that in recent years the Taiwan-UK partnership had deepened. She expressed hope that cooperation would expand in semiconductors, artificial intelligence, renewable energy, advanced manufacturing, economic resilience, and other areas.
     
    Former President Tsai also delivered a speech titled “In an Era of Shifting World Order: Taiwan as a Stabilizing Force” at her alma mater, the London School of Economics and Political Science (LSE). The event was moderated by incoming LSE Law School Dean Andrew Murray, who represented the university and LSE President Larry Kramer. Around 100 people, including General Counsel Elizabeth Messud, attended the speech. In her remarks, former President Tsai noted that the international community was experiencing a reassignment of security responsibilities and a rebalancing of trade relations. She said that to appropriately respond to multiple challenges such as economic fragmentation, political extremism, and military conflict, the function of multilateralism was becoming even more important. The former president emphasized that Taiwan had shown a high degree of resilience in turbulent times in the past, such as during supply chain restructuring, and had proven to be a trustworthy and competitive strategic partner. She added that Taiwan was ready to play a more proactive role in the new world order by further deepening cooperation with democratic countries and contributing to the global trade system. Her remarks were enthusiastically received by the audience. 
     
    During her visit to the United Kingdom, former President Tsai also gave an address at Cambridge University, met with faculty and students at the School of Oriental and African Studies, attended a forum hosted by the Royal United Services Institute, and met with Taiwanese people working in the United Kingdom on technology startups and in the arts.
     
    Taiwan-UK relations have witnessed significant progress in recent years. In 2023, the United Kingdom signed the Enhanced Trade Partnership arrangement with Taiwan, becoming the first European country to establish a formal economic and trade framework with Taiwan. The United Kingdom is Taiwan’s fourth-largest trading partner in Europe, third-largest source of investment, and fifth-most popular destination for Taiwanese students studying abroad. The countries collaborate closely in fields such as technological innovation, renewable energy, and societal resilience. Taiwan will further work together with the United Kingdom and other like-minded countries to advance democratic resilience and prosperity. It looks forward to the United Kingdom continuing to demonstrate its commitment to security in the Indo-Pacific region by deploying naval vessels through the Taiwan Strait and taking other concrete actions. 

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Duckworth Joins Ossoff, Kelly in Reigniting Push to Ban Congressional Stock Trading

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    May 27, 2025
    [WASHINGTON, D.C.] – U.S. Senator Tammy Duckworth (D-IL) joined U.S. Senators John Ossoff (D-GA) and Mark Kelly (D-AZ) in reintroducing legislation to ban stock trading by Members of Congress. The Ban Congressional Stock Trading Act would require all members of Congress, their spouses and dependent children to place their stocks into a qualified blind trust or divest the holding—ensuring they cannot use inside information to influence their stock trades and make a profit.
    “As Donald Trump continues to corruptly enrich himself and his billionaire friends through luxury jets from foreign powers, suspicious market manipulation and shady cryptocurrency scams, Congress must lead by example to help restore trust and integrity in government,” said Duckworth. “That is why I’m proud to help reintroduce the Ban Congressional Stock Trading Act to ensure every Member of Congress complies with this commonsense, ethical best practice.”
    The American people overwhelmingly support this policy, with 86% saying they back the measure, including 88% of Democrats, 87% of Republicans and 81% of Independents.
    In addition to Duckworth, Ossoff and Kelly, this bill is cosponsored by U.S. Senators Tammy Baldwin (D-WI), Brian Schatz (D-HI), Jeanne Shaheen (D-NH), Reverend Raphael Warnock (D-GA) and Michael Bennet (D-CO).
    Duckworth has pushed to prevent Members of Congress from being able to trade stocks for years. She first helped introduce the Ban Congressional Stock Trading Act in 2023, the same year she helped introduce the bipartisan, bicameral Ending Trading and Holdings in Congressional Stocks (ETHICS) Act to prohibit members of Congress, their spouses and dependent children from abusing their positions for personal financial gain by owning or trading securities, commodities or futures.
    -30-

    MIL OSI USA News

  • MIL-OSI USA: H.R. 980, Veterans Readiness and Employment Improvement Act of 2025

    Source: US Congressional Budget Office

    Bill Summary

    H.R. 980 would expand the types of flight training available to veterans under the Veteran Readiness and Employment (VR&E) program and extend the reduction of pension payments from the Department of Veterans Affairs (VA) for veterans and survivors who reside in Medicaid nursing homes. The bill also would establish new outreach requirements for VA related to the VR&E program.

    Estimated Federal Cost

    The estimated budgetary effects of H.R. 980 are shown in Table 1. Over the 2025‑2035 period, the bill would change net direct spending by less than $500,000 and increase spending subject to appropriation by $137 million. The costs of the legislation fall within budget functions 550 (health) and 700 (veterans benefits and services).

    Table 1.

    Estimated Budgetary Effects of H.R. 980

     

    By Fiscal Year, Millions of Dollars

       
     

    2025

    2026

    2027

    2028

    2029

    2030

    2031

    2032

    2033

    2034

    2035

    2025-2030

    2025-2035

     

    Increases or Decreases (-) in Direct Spending

       

    Estimated Budget Authority

    *

    2

    2

    2

    2

    2

    2

    -21

    3

    3

    3

    10

    *

    Estimated Outlays

    *

    2

    2

    2

    2

    2

    2

    -21

    3

    3

    3

    10

    *

     

    Increases in Spending Subject to Appropriation

       

    Estimated Authorization

    2

    12

    12

    13

    13

    13

    14

    14

    15

    15

    15

    65

    138

    Estimated Outlays

    2

    11

    12

    13

    13

    13

    14

    14

    15

    15

    15

    64

    137

    * = between -$500,000 and $500,000.

    Basis of Estimate

    For this estimate, CBO assumes that H.R. 980 will be enacted in fiscal year 2025 and that provisions will take effect upon enactment. CBO also estimates that outlays will follow historical spending patterns for affected programs.

    Direct Spending

    H.R. 980 would expand the types of flight training available to veterans under the VR&E program. The bill also would extend the reduction of pension payments for veterans and survivors who reside in a Medicaid nursing home. The costs of both of those programs are paid from mandatory appropriations. In total, the bill would change net direct spending by less than $500,000 over the 2025‑2035 period (see Table 2).

    Table 2.

    Estimated Changes in Direct Spending Under H.R. 980

     

    By Fiscal Year, Millions of Dollars

       
     

    2025

    2026

    2027

    2028

    2029

    2030

    2031

    2032

    2033

    2034

    2035

    2025-2030

    2025-2035

    Flight Training

                         

    Estimated Budget Authority

    *

    2

    2

    2

    2

    2

    2

    3

    3

    3

    3

    10

    24

    Estimated Outlays

    *

    2

    2

    2

    2

    2

    2

    3

    3

    3

    3

    10

    24

    Pensions

                         

    Estimated Budget Authority

    0

    0

    0

    0

    0

    0

    0

    -24

    0

    0

    0

    0

    -24

    Estimated Outlays

    0

    0

    0

    0

    0

    0

    0

    -24

    0

    0

    0

    0

    -24

    Total Changes

                           

    Estimated Budget Authority

    *

    2

    2

    2

    2

    2

    2

    -21

    3

    3

    3

    10

    *

    Estimated Outlays

    *

    2

    2

    2

    2

    2

    2

    -21

    3

    3

    3

    10

    *

    Flight Training.Veterans with service-connected disabilities that negatively affect their ability to work can receive vocational rehabilitation services such as educational assistance, job training, skills counseling, and independent-living services. For veterans pursuing education or training programs, VA pays their tuition, fees, and related costs as well as housing allowances. Under current law, the benefit can be used for flight training that leads to a college degree; section 3 would allow veterans to use the benefit for flight training programs that do not lead to a degree. (Non-degree flight training programs are often provided by vocational pilot schools rather than colleges or universities; they issue licenses or certifications upon successful completion.)

    Using information from VA on the number of students using the Post-9/11 GI Bill for non‑degree flight training, CBO expects that roughly 120 veterans who would not otherwise receive vocational rehabilitation would pursue such training under the bill each year, at an average annual cost of $18,300 per person. As a result, CBO estimates that enacting section 3 would increase direct spending by $24 million over the 2025-2035 period.

    Pensions. Under current law, VA reduces pension payments to veterans and survivors who reside in Medicaid nursing homes to $90 per month. That required reduction expires November 30, 2031. Section 5 would extend that reduction for six months through May 31, 2032. CBO estimates that extending that requirement would reduce VA benefits by $10 million per month. (Those benefits are paid from mandatory appropriations and are therefore considered direct spending.) As a result of that reduction in beneficiaries’ income, Medicaid would pay more of the cost of their care, increasing spending for that program by $6 million per month. Thus, enacting section 5 would reduce net direct spending by $24 million over the 2025-2035 period.

    Spending Subject to Appropriation

    Section 4 would require VA to hold monthly informational sessions with school officials to answer questions concerning the VR&E program and to offer in-person or virtual briefings for veterans regarding VR&E services. CBO estimates that VA would need two trained outreach specialists at each of its 56 regional offices to provide those activities. Using information on VA personnel expenses, CBO estimates that implementing section 4 would increase spending subject to appropriation by $137 million over the 2025‑2035 period (see Table 3).

    Table 3.

    Estimated Increases in Spending Subject to Appropriation Under H.R. 980

     

    By Fiscal Year, Millions of Dollars

       
     

    2025

    2026

    2027

    2028

    2029

    2030

    2031

    2032

    2033

    2034

    2035

    2025-2030

    2025-2035

    Outreach

                         

    Authorization

    2

    12

    12

    13

    13

    13

    14

    14

    15

    15

    15

    65

    138

    Estimated Outlays

    2

    11

    12

    13

    13

    13

    14

    14

    15

    15

    15

    64

    137

    Pay-As-You-Go Considerations

    The Statutory Pay-As-You-Go Act of 2010 establishes budget-reporting and enforcement procedures for legislation affecting direct spending or revenues. The net changes in outlays that are subject to those pay-as-you-go procedures are shown in Table 2.

    Increase in Long-Term Net Direct Spending and Deficits

    CBO estimates that enacting H.R. 980 would not increase net direct spending by more than $2.5 billion in any of the four consecutive 10-year periods beginning in 2036.

    CBO estimates that enacting H.R. 980 would not increase on‑budget deficits by more than $5 billion in any of the four consecutive 10-year periods beginning in 2036.

    Mandates

    The bill contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.

    Estimate Reviewed By

    David Newman
    Chief, Defense, International Affairs, and Veterans’ Affairs Cost Estimates Unit

    Kathleen FitzGerald
    Chief, Public and Private Mandates Unit

    Christina Hawley Anthony
    Deputy Director of Budget Analysis

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News

  • MIL-OSI China: China promotes digital transformation of electronic information manufacturing

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

    BEIJING, May 28 — China has released an implementation plan for the digital transformation of the electronic information manufacturing industry, setting a goal for major enterprises to achieve a numerical control rate of over 85 percent in key production processes by 2027.

    Released by the Ministry of Industry and Information Technology along with other government organs, the plan underscores the electronic information manufacturing industry as a strategic, fundamental, and pioneering sector of the national economy.

    With a large overall scale, long industrial chains, and broad coverage, it plays a key role in integrating the real and digital economies, advancing new industrialization and fostering new quality productive forces, according to the plan.

    The plan further outlines that by 2027, new information infrastructure will be largely established to support the digital transformation and intelligent upgrading of the electronic information manufacturing industry. This infrastructure will see advanced computing and artificial intelligence deeply integrated into industry development.

    It envisions that by 2030, a relatively sound data infrastructure system for the electronic information manufacturing industry will be in place, and an industrial database will be largely completed. By then, a number of flagship smart products will be developed, and a digital ecosystem will take shape.

    The efficiency and quality of the digital transformation will see significant improvements, and new breakthroughs in moving up towards the top end of the global value chain are expected to be achieved by 2030.

    Efforts will be made to promote digital transformation across the entire industrial chain and speed up the trial and adoption of innovative products such as smart wearable devices and intelligent robots, according to the plan.

    MIL OSI China News

  • MIL-OSI Security: NATO Secretary General welcomes Icelandic Prime Minister to NATO Headquarters

    Source: NATO

    NATO Secretary General Mark Rutte met Icelandic Prime Minister Kristrún Frostadóttir in Brussels on Wednesday (28 May 2025) to discuss Iceland’s contributions to the Alliance, support to Ukraine, and preparations for the NATO Summit in The Hague.

    “Iceland is one of NATO’s twelve founding members,” said the Secretary General. “For 76 years now, you have helped protect our peace, our security, and our core values: democracy, freedom, and the rule of law.”

    While Iceland does not have armed forces, the Secretary General highlighted the country’s important and growing role in NATO. Iceland operates key air defence and surveillance systems as part of NATO’s integrated Air and Missile Defence, provides host nation support and infrastructure for Allied air policing, and regularly hosts major exercises such as NATO´s premier anti-submarine warfare exercise, Dynamic Mongoose.

    “Iceland plays a unique and essential role in the High North,” said Mr Rutte, noting the importance of Iceland’s geostrategic location to better understand the evolving security environment in that area. He welcomed the Icelandic government’s decision to develop a new national security and defence policy, calling it a timely step to “further reinforce our resilience and readiness.”

    On the upcoming NATO Summit in The Hague, the Secretary General indicated it “will be an important moment to drive forward NATO’s efforts to become stronger, fairer, and more lethal”.

    Mr Rutte thanked Prime Minister Frostadóttir for Iceland’s continued support to Ukraine, from training military personnel and supporting demining efforts, to humanitarian support and weapons procurement. Iceland recently pledged an additional 14.4 million euros in defence support to Ukraine, alongside contributions to the “Grain from Ukraine” initiative and the donation of a mobile field hospital. Iceland also contributes personnel to NATO’s Security Assistance and Training for Ukraine command in Wiesbaden (NSATU).

    “I know that Iceland has a proud tradition as a peaceful nation – and that makes your contributions all the more meaningful,” Mr Rutte said. “Because to preserve peace, we need to shift to a wartime mindset.”

    MIL Security OSI

  • MIL-OSI: STEALTHGAS INC. Reports First Quarter 2025 Financial and Operating Results

    Source: GlobeNewswire (MIL-OSI)

    ATHENS, Greece, May 28, 2025 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the first quarter ended March 31, 2025.

    OPERATIONAL AND FINANCIAL HIGHLIGHTS

    • Strong profitability continued for the first quarter, with Net income of $14.1 million corresponding to a basic EPS of $0.38, similar to the previous quarter’s $14.2 million but reduced compared to the $17.7 million record at the time achieved in the first quarter of 2024.
    • Time Charter equivalent revenues decreased by 4.6% compared to the same period of last year to $36.9 million for the first quarter of 2025 as a result of a more muted market.
    • Preserved the high period coverage. About 70% of fleet days for 2025 are secured on period charters, with total fleet employment days for all subsequent periods generating over $165 million (excl. JV vessels) in contracted revenues.
    • Continued reducing leverage, making $34.4 million in debt repayments during the first quarter of 2025 and a further $19.2 million in the current quarter of 2025. Currently, all the vessels in the fully owned fleet except one are unencumbered.
    • Since the last quarterly announcement the Company has spent $1.8 million in share repurchases. Overall under the current program the Company has spent over $21.2 million in share repurchases since June 2023.
    • Maintaining ample cash and cash equivalents (incl. restricted cash) of $77.1 million as of March 31, 2025 enabling the Company to further reduce debt.

    First Quarter 2025 Results1:

    • Revenues for the three months ended March 31, 2025 amounted to $42.0 million compared to revenues of $41.6 million for the three months ended March 31, 2024, based on an average of 28.0 vessels and 27.0 vessels owned by the Company, respectively, as the vessels remaining in the fleet earned higher revenues due to better market conditions.
    • Voyage expenses and vessels’ operating expenses for the three months ended March 31, 2025, were $5.1 million and $13.5 million, respectively, compared to $2.9 million and $11.5 million, respectively, for the three months ended March 31, 2024. The $2.2 million increase in voyage expenses was mainly due to an increase in port expenses and in bunkers costs as a result of the increase in spot market days for the fleet. The $2.0 million increase in vessels’ operating expenses was mainly due to increase in crew costs and maintenance expenses.
    • Drydocking costs for the three months ended March 31, 2025 and 2024 were $0.4 million and nil, respectively. Drydocking expenses during the first quarter of 2025 mainly relate to the commenced drydocking of one vessel, compared to no drydocking of vessels in the same period of last year.
    • General and administrative expenses remained stable at $2.2 million for both the three months ended March 31, 2025 and 2024.
    • Depreciation for the three months ended March 31, 2025 and 2024 was $6.7 million and $6.5 million, respectively, a $0.2 million increase is mainly related to the increase in average number of vessels owned by the Company and to the partial replacement of some of the older vessels with newer and larger ones which have a higher cost.
    • Impairment loss for the three months ended March 31, 2025 and 2024 was $0.5 million and nil, respectively. As a result of the agreed sale terms for the vessel Gas Cerberus, with delivery expected in the second quarter of 2025, a non-cash impairment loss of $0.5 million was recognized in the first quarter of 2025.
    • Interest and finance costs for the three months ended March 31, 2025 and 2024, were $1.4 million and $3.2 million, respectively. The $1.8 million decrease from the same period of last year is primarily due to continued debt prepayments.
    • Interest income for the three months ended March 31, 2025 and 2024, remained unchanged at $0.8 million.
    • Equity earnings in joint ventures for the three months ended March 31, 2025 and 2024 was a gain of $2.2 million and $2.6 million, respectively. The $0.4 million decrease was primarily due to decrease in number of vessels in joint ventures.
    • As a result of the above, for the three months ended March 31, 2025, the Company reported net income of $14.1 million, compared to net income of $17.7 million for the three months ended March 31, 2024. The weighted average number of shares outstanding, basic, for the three months ended March 31, 2025 and 2024 was 35.7 million and 35.1 million, respectively.
    • Earnings per share, basic, for the three months ended March 31, 2025 amounted to $0.38 compared to earnings per share, basic, of $0.49 for the same period of last year.
    • Adjusted net income was $16.1 million corresponding to an Adjusted EPS of $0.44 for the three months ended March 31, 2025 compared to Adjusted net income of $19.1 million corresponding to an Adjusted EPS of $0.53 for the same period of last year.
    • EBITDA for the three months ended March 31, 2025 amounted to $21.4 million. Reconciliations of Adjusted Net Income, EBITDA and Adjusted EBITDA to Net Income are set forth below.
    • An average of 28.0 vessels were owned by the Company during the three months ended March 31, 2025 compared to 27.04 vessels for the same period of 2024.

    1 EBITDA, Adjusted EBITDA, Adjusted Net Income and Adjusted EPS are non-GAAP measures. Refer to the reconciliation of these measures to the most directly comparable financial measure in accordance with GAAP set forth later in this release.

    Fleet Update Since Previous Announcement

    The Company announced the conclusion of the following chartering arrangements (of three or more months duration):

    • A twelve months time charter for its 2016 built LPG carrier Eco Dominator, until Mar 2026.
    • A twelve months time charter extension for its 2016 built LPG carrier Eco Nical, until May 2026.
    • A six months time charter extension for the 2012 built LPG carrier Gas Esco, until Sep 2025.

    As of June 2025, the Company has total contracted revenues of approximately $165 million.

    As of June 2025, for the remainder of the year, the Company has circa 70% of fleet days secured under period contracts and contracted revenues of approximately $72 million.

    In April 2025, the Company entered into an agreement to sell the vessel Gas Cerberus to a third party, with delivery expected in the second quarter of 2025. The vessel is debt-free, and the full proceeds from the sale will contribute to the Company’s liquidity position.

    The Company has agreed in principle to purchase back from one of its joint venture partners the remaining share (49.9%) which it does not already own in the two vessels Eco Lucidity and Gas Haralambos. The transaction is subject to entry into definitive documentation and customary conditions and is expected to take place within June 2025. Following this transaction, these two vessels will be consolidated within the fully owned fleet of the Company and only one vessel will remain in a JV.

    Board Chairman Michael Jolliffe Commented

    The results that were announced today point to a strong start to the year and underpin our confidence in sustaining the momentum we have built over the last years, throughout 2025. It is no doubt a period of uncertainty and in such periods, among other things, there is reluctance by charterers to commit longer term. With the latest developments, we expect trade flows to normalize and sentiment to improve as the fundamentals of LPG shipping continue to be positive. In this volatile environment StealthGas remains steadfast in its strategy and has all but eliminated its financial risk, being net debt free after having made over $50 million in debt repayments during this year and having 27 out of 28 vessels unencumbered. At the same time in order to return value to our shareholders, we have begun buying back shares, spending $1.8 million in share repurchases since March. Overall under the current program the Company has spent over $21.2 million in share repurchases since June 2023.

    Conference Call details:

    On May 28, 2025 at 10:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.

    Conference call participants should pre-register using the below link to receive the dial-in numbers and a personal PIN, which are required to access the conference call.

    https://register-conf.media-server.com/register/BI2ab472844539410f8650314c8df8fdaf

    Slides and audio webcast:
    There will also be a live and then archived webcast of the conference call, through the STEALTHGAS INC. website (www.stealthgas.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

    About STEALTHGAS INC.

    StealthGas Inc. is a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry. StealthGas Inc. has a fleet of 31 LPG carriers, including three Joint Venture vessels in the water. These LPG vessels have a total capacity of 349,170 cubic meters (cbm). StealthGas Inc.’s shares are listed on the Nasdaq Global Select Market and trade under the symbol “GASS.”
    Visit our website at www.stealthgas.com

    Forward-Looking Statements

    Matters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although STEALTHGAS INC. believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, STEALTHGAS INC. cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, geopolitical conditions, including any trade disruptions resulting from tariffs and other protectionist measures imposed by the United States or other countries, general market conditions, including changes in charter hire rates and vessel values, charter counterparty performance, changes in demand that may affect attitudes of time charterers to scheduled and unscheduled drydockings, shipyard performance, changes in STEALTHGAS INC’s operating expenses, including bunker prices, drydocking and insurance costs, ability to obtain financing and comply with covenants in our financing arrangements, actions taken by regulatory authorities, potential liability from pending or future litigation, domestic and international political conditions, the conflict in Ukraine and related sanctions, the conflict in Israel and Gaza, potential disruption of shipping routes due to ongoing attacks by Houthis in the Red Sea and Gulf of Aden or accidents and political events or acts by terrorists.

    Risks and uncertainties are further described in reports filed by STEALTHGAS INC. with the U.S. Securities and Exchange Commission.

    Fleet List
    For information on our fleet and further information:
    Visit our website at www.stealthgas.com

    Fleet Data:
    The following key indicators highlight the Company’s operating performance during the periods ended March 31, 2024 and 2025.

    FLEET DATA Q1 2024   Q1 2025  
    Average number of vessels (1) 27.04   28.00  
    Period end number of owned vessels in fleet 27   28  
    Total calendar days for fleet (2) 2,461   2,520  
    Total voyage days for fleet (3) 2,439   2,500  
    Fleet utilization (4) 99.1%   99.2%  
    Total charter days for fleet (5) 2,232   2,118  
    Total spot market days for fleet (6) 207   382  
    Fleet operational utilization (7) 97.7%   94.0%  
             

    1) Average number of vessels is the number of owned vessels that constituted our fleet for the relevant period, as measured by the sum of the number of days each vessel was a part of our fleet during the period divided by the number of calendar days in that period.
    2) Total calendar days for fleet are the total days the vessels we operated were in our possession for the relevant period including off-hire days associated with major repairs, drydockings or special or intermediate surveys.
    3) Total voyage days for fleet reflect the total days the vessels we operated were in our possession for the relevant period net of off-hire days associated with major repairs, drydockings or special or intermediate surveys.
    4) Fleet utilization is the percentage of time that our vessels were available for revenue generating voyage days and is determined by dividing voyage days by fleet calendar days for the relevant period.
    5) Total charter days for fleet are the number of voyage days the vessels operated on time or bareboat charters for the relevant period.
    6) Total spot market charter days for fleet are the number of voyage days the vessels operated on spot market charters for the relevant period.
    7) Fleet operational utilization is the percentage of time that our vessels generated revenue and is determined by dividing voyage days excluding commercially idle days by fleet calendar days for the relevant period.

    Reconciliation of Adjusted Net Income, EBITDA, adjusted EBITDA and adjusted EPS:

    Adjusted net income represents net income before loss/gain on derivatives excluding swap interest paid/received, impairment loss, net gain/loss on sale of vessels and share based compensation. EBITDA represents net income before interest and finance costs, interest income and depreciation. Adjusted EBITDA represents net income before interest and finance costs, interest income, depreciation, impairment loss, net gain/loss on sale of vessels, share based compensation and loss/gain on derivatives.

    Adjusted EPS represents Adjusted net income divided by the weighted average number of shares.

    EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS are included herein because they are a basis, upon which we and our investors assess our financial performance. They allow us to present our performance from period to period on a comparable basis and provide investors with a means of better evaluating and understanding our operating performance.

    EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS are not recognized measurements under U.S. GAAP. Our calculation of EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS may not be comparable to that reported by other companies in the shipping or other industries. In evaluating Adjusted EBITDA, Adjusted net income and Adjusted EPS, you should be aware that in the future we may incur expenses that are the same as or similar to some of the adjustments in this presentation.

    (Expressed in United States Dollars,
    except number of shares)
    Three Months Period Ended March 31st,
      2024  2025 
    Net Income – Adjusted Net Income    
    Net income 17,729,716   14,107,680  
    Less gain on derivatives (99,286 )  
    Plus swap interest received 208,127    
    Less gain on sale of vessels, net (46,384 )  
    Plus impairment loss   488,400  
    Plus share based compensation 1,345,409   1,540,402  
    Adjusted Net Income 19,137,582   16,136,482  
         
    Net income – EBITDA    
    Net income 17,729,716   14,107,680  
    Plus interest and finance costs 3,169,061   1,415,605  
    Less interest income (753,396 ) (752,471 )
    Plus depreciation 6,492,376   6,653,460  
    EBITDA 26,637,757   21,424,274  
         

    Net income – Adjusted EBITDA

       
    Net income 17,729,716   14,107,680  
    Less gain on derivatives (99,286 )  
    Less gain on sale of vessels, net (46,384 )  
    Plus impairment loss   488,400  
    Plus share based compensation 1,345,409   1,540,402  
    Plus interest and finance costs 3,169,061   1,415,605  
    Less interest income (753,396 ) (752,471 )
    Plus depreciation 6,492,376   6,653,460  
    Adjusted EBITDA 27,837,496   23,453,076  
         
    EPS – Adjusted EPS    
    Net income 17,729,716   14,107,680  
    Adjusted net income 19,137,582   16,136,482  
    Weighted average number of shares, basic 35,119,500   35,725,720  
    EPS – Basic 0.49   0.38  
    Adjusted EPS – Basic 0.53   0.44  
             

    StealthGas Inc.
    Unaudited Condensed Consolidated Statements of Income
    (Expressed in United States Dollars, except for number of shares)

        Three Months Period Ended March 31,
        2024  2025 
         
    Revenues    
      Revenues 41,563,908     42,025,987  
           
    Expenses    
      Voyage expenses 2,345,200     4,573,956  
      Voyage expenses – related party 513,247     518,440  
      Vessels’ operating expenses 11,235,359     13,282,235  
      Vessels’ operating expenses – related party 241,500     228,200  
      Drydocking costs     412,620  
      Management fees – related party 1,053,719     1,080,001  
      General and administrative expenses 2,213,853     2,165,709  
      Depreciation 6,492,376     6,653,460  
      Impairment loss     488,400  
      Net gain on sale of vessels (46,384 )    
    Total expenses 24,048,870     29,403,021  
           
    Income from operations 17,515,038     12,622,966  
           
    Other (expenses)/income    
      Interest and finance costs (3,169,061 )   (1,415,605 )
      (Loss)/gain on derivatives 99,286      
      Interest income 753,396     752,471  
      Foreign exchange (loss)/gain (49,044 )   (26,484 )
    Other expenses, net (2,365,423 )   (689,618 )
           
    Income before equity in earnings of investees 15,149,615     11,933,348  
    Equity earnings in joint ventures 2,580,101     2,174,332  
    Net Income 17,729,716     14,107,680  
           
    Earnings per share    
    – Basic 0.49     0.38  
    – Diluted 0.49     0.39  
           
    Weighted average number of shares    
    – Basic 35,119,500     35,725,720  
    – Diluted 35,247,529     35,764,990  
               

    StealthGas Inc.
    Unaudited Condensed Consolidated Balance Sheets
    (Expressed in United States Dollars)

        December 31, March 31,
        2024 2025 
           
    Assets    
    Current assets    
      Cash and cash equivalents 80,653,398 74,392,306  
      Trade and other receivables 6,156,300 7,253,738  
      Other current assets 193,265 422,168  
      Claims receivable 55,475 55,475  
      Inventories 3,891,147 3,198,028  
      Advances and prepayments 733,212 549,263  
      Fair value of derivatives 387,608 280,577  
    Total current assets 92,070,405 86,151,555  
           
    Non current assets    
      Operating lease right-of-use assets 202,362  
      Vessels, net 608,214,416 601,072,556  
      Other receivables 370,053 237,561  
      Restricted cash 3,867,752 2,734,442  
      Investments in joint ventures 27,717,238 27,257,570  
    Total non current assets 640,169,459 631,504,491  
    Total assets 732,239,864 717,656,046  
           
    Liabilities and Stockholders’ Equity    
    Current liabilities    
      Payable to related parties 388,130 3,039,119  
      Trade accounts payable 10,994,434 10,485,931  
      Accrued liabilities 4,922,587 5,119,206  
      Operating lease liabilities 120,938  
      Deferred income 4,304,667 5,882,276  
      Current portion of long-term debt 23,333,814 20,722,094  
    Total current liabilities 43,943,632 45,369,564  
           
    Non current liabilities    
      Operating lease liabilities 81,424  
      Deferred income 213,563 586,577  
      Long-term debt 61,555,855 30,251,709  
    Total non current liabilities 61,769,418 30,919,710  
    Total liabilities 105,713,050 76,289,274  
           
    Commitments and contingencies    
           
    Stockholders’ equity    
      Capital stock 370,414 371,664  
      Treasury stock (1,057,343 )
      Additional paid-in capital 409,912,934 411,808,336  
      Retained earnings 215,855,858 229,963,538  
      Accumulated other comprehensive income 387,608 280,577  
    Total stockholders’ equity 626,526,814 641,366,772  
    Total liabilities and stockholders’ equity 732,239,864 717,656,046  


    StealthGas Inc.

    Unaudited Condensed Consolidated Statements of Cash Flows
    (Expressed in United States Dollars)

        Three Months Period Ended March 31,
        2024   2025  
         
    Cash flows from operating activities    
      Net income for the period 17,729,716   14,107,680  
           
    Adjustments to reconcile net income to net cash    
    provided by operating activities:    
      Depreciation 6,492,376   6,653,460  
      Amortization of deferred finance charges 258,295   508,464  
      Amortization of operating lease right-of-use assets 24,745   29,194  
      Share based compensation 1,345,409   1,540,402  
      Change in fair value of derivatives 108,840    
      Proceeds from disposal of interest rate swaps 1,018,000    
      Equity earnings in joint ventures (2,580,101 ) (2,174,332 )
      Dividends received from joint ventures   2,634,000  
      Impairment loss   488,400  
      Gain on sale of vessels (46,384 )  
    Changes in operating assets and liabilities:    
      (Increase)/decrease in    
      Trade and other receivables (35,143 ) (964,946 )
      Other current assets 129,193   (228,903 )
      Inventories 353,756   693,119  
      Changes in operating lease liabilities (24,745 ) (29,194 )
      Advances and prepayments (159,743 ) 183,949  
      Increase/(decrease) in    
      Balances with related parties (1,390,625 ) 2,650,989  
      Trade accounts payable (475,368 ) (508,503 )
      Accrued liabilities 240,202   196,619  
      Deferred income 688,600   1,950,623  
    Net cash provided by operating activities 23,677,023   27,731,021  
           
    Cash flows from investing activities    
      Proceeds from sale of vessels, net 34,679,584    
      Acquisition and improvements of vessels (96,413,470 )  
      Advances to joint ventures (1,705 )  
    Net cash used in investing activities (61,735,591 )  
           
    Cash flows from financing activities    
      Proceeds from exercise of stock options 356,250   356,250  
      Stock repurchase (338,176 ) (1,057,343 )
      Deferred finance charges paid (22,167 )  
      Advances to joint ventures (11,848 )  
      Loan repayments (32,045,235 ) (34,424,330 )
      Proceeds from long-term debt 70,000,000    
    Net cash provided by/(used in) financing activities 37,938,824   (35,125,423 )
           
    Net decrease in cash, cash equivalents and restricted cash (119,744 ) (7,394,402 )
    Cash, cash equivalents and restricted cash at beginning of period 83,755,701   84,521,150  
    Cash, cash equivalents and restricted cash at end of period 83,635,957   77,126,748  
    Cash breakdown    
      Cash and cash equivalents 77,085,417   74,392,306  
      Restricted cash, current    
      Restricted cash, non current 6,550,540   2,734,442  
    Total cash, cash equivalents and restricted cash shown in the statements of cash flows 83,635,957   77,126,748  

    The MIL Network

  • MIL-OSI Russia: The EU has adopted legal acts lifting all economic restrictions on Syria

    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

    BRUSSELS, May 28 (Xinhua) — The European Union formally lifted almost all economic sanctions on Syria on Wednesday, adopting a political agreement aimed at supporting the country’s reconstruction, the EU Council said in a press release.

    The EU will lift all restrictive measures related to trade, investment and finance, except those based on security considerations, the press release said.

    As part of the package, 24 organisations, including the Central Bank of Syria and companies involved in key sectors such as oil production and refining, cotton production and telecommunications, are exempted from the EU asset freeze.

    According to the EU Council, several media outlets and television channels were also removed from the sanctions list. –0–

    MIL OSI Russia News

  • MIL-OSI Africa: African Economic Outlook 2025—Africa’s short-term outlook resilient despite global economic and political headwinds

    Source: Africa Press Organisation – English (2) – Report:

    ABIDJAN, Ivory Coast, May 28, 2025/APO Group/ —

    Africa’s economy is projected to increase from 3.3 percent growth in 2024 to 3.9 percent in 2025, reaching 4 percent in 2026, despite mounting geopolitical uncertainties and trade tensions, the African Development Bank Group (www.AfDB.org) said Tuesday in its flagship 2025 African Economic Outlook report. 

    Despite the prevailing domestic and external challenges  Africa continues to demonstrate notable resilience. The report, titled “Making Africa’s Capital Work Better for Africa’s Development,” was released during the Bank Group’s 2025 Annual Meetings, taking place in Abidjan, Côte d’Ivoire. It demonstrates the continent’s capacity to weather multiple shocks while identifying pathways to unlock a vast potential for transformation.  

    Strong growth outlook despite global headwinds 

    The report presents encouraging projections despite significant challenges: 

    • 21 African countries will achieve growth exceeding 5 percent in 2025, with four countries—Ethiopia, Niger, Rwanda, and Senegal—potentially reaching the critical 7 percent threshold required for poverty reduction and inclusive growth. 
    • Africa’s projected growth rates will surpass the global average and outpace most other regions except emerging and developing Asia. 
    • Africa’s continued resilience is built on effective domestic reforms and improved macroeconomic management. 

    Mixed growth performance across Africa’s regions 

    Growth prospects vary significantly across regions: East Africa leads with a projected 5.9 percent growth in 2025-2026, driven by resilience in Ethiopia, Rwanda, and Tanzania. West Africa maintains solid 4.3 percent growth, driven by new oil and gas production coming onstream in Senegal and Niger. In the face of persistent headwinds, North Africa is expected to register 3.6 percent growth in 2025. In Central Africa, growth is projected to slow to 3.2% and Southern Africa will grow at only 2.2 percent, with its largest economy, South Africa, expected to achieve only 0.8 percent growth 

    Significant challenges persist. Fifteen countries are experiencing double-digit inflation, while interest payments now consume 27.5 percent of government revenue across Africa, up from 19 percent in 2019. 

    “Africa must now face the challenge and look inwards to mobilizing the resources needed to finance its own development in the years ahead,” said Prof. Kevin Chika Urama, Chief Economist and Vice President of the African Development Bank Group, presenting the report’s findings.  

    Massive domestic resource potential remains untapped  

    The AEO 2025 estimates that, with the right policies, Africa could mobilize an additional $1.43 trillion in domestic resources from tax and non-tax revenue sources through efficiency gains alone. Africa’s extraordinary but underutilized resource base includes: 

    • Natural capital: Africa hosts 30 percent of global mineral reserves and could capture over 10 percent of the projected $16 trillion in revenues from key green minerals by 2030 
    • Human capital: The continent’s median age of 19 represents a demographic dividend that could add $47 billion to Africa’s GDP through improved workforce participation 
    • Financial capital: Pension fund assets have grown to $1.1 trillion, while formal remittances could reach $500 billion by 2035 if transfer costs are reduced 
    • Business capital: Full implementation of the African Continental Free Trade Area could increase exports by $560 billion and boost continental income by $450 billion by 2035 

    Urgent action needed to address resource leakages 

    The report stresses that massive capital outflows are undermining the continent’s development. Compared to $190.7 billion of financial inflows received in 2022, Africa lost approximately $587 billion from financial leakages. Of this, around $90 billion was lost to illicit financial flows, a further $275 billion  siphoned away by multinational corporations shifting profits, and $148 billion lost to corruption. 

    Vice President Urama said: “When Africa allocates its own capital (human, natural, fiscal, business and financial) effectively, global capital will follow Africa’s capital to accelerate investments in productive sectors in Africa.” 

    Key policy recommendations 

    “There can be no substitute to sound macroeconomic policy management, quality institutions and good governance,  and rule of law.” VP Urama said, emphasizing the vital need to bolster governance. 

    The report also calls for comprehensive reforms across several critical areas. On fiscal revenue mobilization, it recommends enhancing tax administration through digitalization, broadening national tax bases, and strengthening social contracts with citizens to improve compliance. It advocates making natural capital accounting mandatory and enforcing domestic value retention through beneficiation requirements.  

    The AEO also emphasizes the need to deepen financial markets by tapping institutional savings, developing local currency bond markets, and harmonizing regulatory frameworks to facilitate cross-border investment.  

    The African Economic Outlook: The 2025 African Economic Outlook provides a comprehensive roadmap for unlocking Africa’s transformation potential through better mobilization and utilization of domestic capital resources. 

    MIL OSI Africa

  • MIL-OSI Global: When Elvis and Ella were pressed onto X-rays – the subversive legacy of Soviet ‘bone music’

    Source: The Conversation – USA – By Richard Gunderman, Chancellor’s Professor of Medicine, Liberal Arts, and Philanthropy, Indiana University

    In the Soviet Union, some clever people realized that X-ray film was just soft enough to be etched by a sound recording device. Michelle Mengsu Chang/Toronto Star via Getty Images

    When Western Electric invented electrical sound recording 100 years ago, it completely transformed the public’s relationship to music.

    Before then, recording was done mechanically, scratching sound waves onto rolled paper or a cylinder. Such recordings suffered from low fidelity and captured only a small segment of the audible sound spectrum.

    By using electrical microphones, amplifiers and electromechanical recorders, record companies could capture a far wider range of sound frequencies, with much higher fidelity. For the first time, recorded sound closely resembled what a live listener would hear. Over the ensuing years, sales of vinyl records and record players boomed.

    The technology also allowed some enterprising music fans to make recordings in surprising and innovative ways. As a physician and scholar in the medical humanities, I am fascinated by the use of X-ray film to make recordings – what was known as “bone music,” or “ribs.”

    This rather bizarre, homemade technology became a way to skirt censors in the Soviet Union – and even played an indirect role in its dissolution.

    Skirting the Soviet censorship regime

    At the end of World War II, Soviet censorship shifted into high gear in an effort to suppress a Western culture deemed threatening or decadent.

    Many books and poems could circulate only through “samizdat,” a portmanteau of “self” and “publishing” that involved the use of copy machines to reproduce forbidden texts. Punishments inflicted on Soviet artists and citizens for producing or disseminating censored materials included loss of employment, imprisonment in gulags and even execution.

    The phonographic analog of samizdat was often referred to as “roentgenizdat,” which was derived from the name of Wilhelm Roentgen, the German scientist who received the first Nobel Prize in physics in 1901 for his discovery of X-rays.

    Roentgen’s work revolutionized medicine, making it possible to peer inside the living human body without cutting it open and enabling physicians to more easily and accurately diagnose skeletal fractures and diseases such as pneumonia.

    Today, X-rays are produced and stored digitally. But for most of the 20th century they were created on photographic film and stored in large film libraries, which took up a great deal of space.

    Because exposed X-ray films cannot be reused, hospitals often recycled them to recoup the silver they contained.

    Making music from medicine

    In the Soviet Union in the 1940s, some clever people realized that X-ray film was just soft enough to be etched by an electromechanical lathe, or sound recording device.

    To make a “rib,” or “bone record,” they would use a compass to trace out a circle on an exposed X-ray film that might bear the image of a patient’s skull, spine or hands. They then used scissors to cut out the circle, before cutting a small hole in the middle so it would fit on a conventional record player.

    Then they would use a recording device to cut either live sound or, more commonly, a bootleg record onto the X-ray film. Sound consists of vibrations that the lathe’s stylus etches into grooves on the disc. Such devices were not widely available, meaning that only a relatively small number of people could produce such recordings.

    A disc-cutting lathe demonstrates the production of an X-ray record at a 2021 exhibition in Berlin, Germany.
    Adam Berry/Getty Images

    The censors kept a close eye on record companies. But anyone who could obtain a recording device could record music on pieces of X-ray film, and these old films could be obtained after hospitals threw them out or purchased at a relatively low price from hospital employees.

    Compared with professionally produced vinyl records, the sound quality was poor, with recordings marred by extraneous noises such as hisses and crackles. The records could be played only a limited number of times before the grooves would wear out.

    Nonetheless, these resourceful recordings were shared, bought and sold entirely outside of official channels into the 1960s and 1970s.

    A window into another life

    Popular artists “on the bone” included Ella Fitzgerald and Elvis Presley, whose jazz and rock ’n’ roll recordings, to the ears of many Soviet citizens, represented freedom and self-expression.

    In his book “Bone Music,” cultural historian Stephen Coates describes how Soviet authorities viewed performers such as The Beatles as toxic because they appeared to promote a brand of amoral hedonism and distracted citizens from Communist party priorities.

    One Soviet critic of bone music recalled of its purveyors:

    “It is true that from time to time they are caught, their equipment confiscated, and they may even be brought to court. But then they may be released and be free to go wherever they like. The judges decide that they are, of course, parasites, but they are not dangerous. They are getting suspended sentences! But these record producers are not just engaged in illegal operations. They corrupt young people diligently and methodically with a squeaky cacophony and spread explicit obscenities.”

    Bone music was inherently subversive.

    For one thing, it was against the law. Moreover, the music itself suggested that a different sort of life is possible, beyond the strictures of Communist officials. How could a political system that prohibited beautiful music, many asked, possibly merit the allegiance of its citizens?

    The ability of citizens to get around the censors and spread Western thought, whether through books or bone music, helped chip away at the government’s legitimacy.

    One Soviet-era listener Coates interviewed long after the USSR’s collapse described the joy of listening to these illicit recordings:

    “I was lifted up off the ground, I started flying. Rock’n’roll showed me a new world, a world of music, words, and feelings, of life, of a different lifestyle. That’s why, when I got my first records, I became a happy man. I felt like a changed person, it was as if I was born again.”

    The playing of a bootleg record from the Soviet Union, recorded on an X-ray negative.

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

    ref. When Elvis and Ella were pressed onto X-rays – the subversive legacy of Soviet ‘bone music’ – https://theconversation.com/when-elvis-and-ella-were-pressed-onto-x-rays-the-subversive-legacy-of-soviet-bone-music-251885

    MIL OSI – Global Reports

  • MIL-OSI Global: Trump wants to cut funding to sanctuary cities and towns – but they don’t actually violate federal law

    Source: The Conversation – USA – By Benjamin Gonzalez O’Brien, Associate Professor of Political Science, San Diego State University

    While sanctuary policies for immigrants have grown in the U.S. since the 1980s, the Trump administration is the first to challenge them. Marcos Silva/iStock/Getty Images Plus

    San Francisco, Chicago and New York are among the major cities – as well as more than 200 small towns and counties and a dozen states – that over the past 40 years have adopted what is often known as sanctuary policies.

    There is not a single definition of a sanctuary policy. But it often involves local authorities not asking about a resident’s immigration status, or not sharing that personal information with federal immigration authorities.

    So when a San Francisco police officer pulls someone over for a traffic violation, the officer will not ask if the person is living in the country legally.

    American presidents, from Ronald Reagan to Joe Biden, have chosen to leave sanctuary policies largely unchallenged since different places first adopted them in the 1970s. This changed in 2017, when President Donald Trump first tried to cut federal funding to sanctuary places, claiming that their policies “willfully violate Federal law.” Legal challenges during his first term stopped him from actually withholding the money.

    At the start of his second term, Trump signed two executive orders in January and April 2025 which again state that his administration will withhold federal money from areas with sanctuary policies.

    “Working on papers to withhold all Federal Funding for any City or State that allows these Death Traps to exist!!!” Trump said, according to an April White House statement. This statement was immediately followed by his April executive order.

    These two executive orders task the attorney general and secretary of homeland security with publishing a list of all sanctuary places and notifying local and state officials of “non-compliance, providing an opportunity to correct it.” Those that do not comply with federal law, according to the orders, may lose federal funding.

    San Francisco and 14 other sanctuary cities, including New Haven, Connecticut, and Portland, Oregon, sued the Trump administration in February on the grounds that it was illegally trying to coerce cities to comply with its policies. A U.S. district court judge in California issued an injunction on April 24 preventing the administration – at least for the time being – from cutting funding from places with sanctuary policies.

    However, as researchers who have studied sanctuary policies for over a decade, we know that Trump’s claim that sanctuary policies violate federal immigration law is not correct.

    It’s true that the federal government has exclusive jurisdiction over immigration. Yet there is no federal requirement that state or local governments participate or cooperate in federal immigration enforcement, which would require an act of Congress.

    A sign is seen at the Nogales, Ariz., and Mariposa, Mexico, border crossing.
    Jan Sonnenmair/Getty Images

    What’s behind sanctuary policies

    In 1979, the Los Angeles Police Department was the first to announce a prohibition on local officials asking about a resident’s immigration status.

    However, it was not until the 1980s that the sanctuary movement took off, when hundreds of thousands of Salvadorans, Guatemalans and Nicaraguans fled civil war and violence in their home countries and migrated to the U.S. This prompted a number of cities to declare solidarity with the faith-based sanctuary movement that offered refuge to Salvadoran, Guatemalan and Nicaraguan asylum seekers facing deportation.

    In 1985, Berkeley, Calif., and San Francisco pledged that city officials, including police officers, would not report Central Americans to immigration authorities as long as they were law abiding.

    Berkeley also banned officials from using local money to work with federal immigration authorities.

    “We are not asking anyone to do anything illegal,” Nancy Walker, a supervisor for San Francisco, said in 1985, according to The New York Times. “We have got to extend our hand to these people. If these people go home, they die. They are asking us to let them stay.”

    Today, there are hundreds of sanctuary cities, towns, counties and states across the country that all have a variation of policies that limit their cooperation with federal immigration authorities.

    Sometimes – but not always – places with sanctuary policies bar local law enforcement agencies from working with Immigration and Customs Enforcement, the country’s main immigration enforcement agency.

    A large part of ICE’s work is identifying, arresting and deporting immigrants living in the U.S. illegally. In order to carry out this work, ICE issues what is known as “detainer requests” to local law enforcement authorities. A detainer request asks local law enforcement to hold a specific arrested person already being held by police until that person can be transferred to ICE, which can then take steps to deport them.

    While places without sanctuary policies tend to comply with these requests, some sanctuary jurisdictions, like the state of California, only do so in the cases of particular violent criminal offenses.

    Yet local officials in sanctuary places cannot legally block ICE from arresting local residents who are living in the country illegally, or from carrying out any other parts of its work.

    Can Trump withhold federal funding?

    Trump claimed in 2017 that sanctuary policies violated federal law, and he issued an executive order that tried to rescind federal grants that these jurisdictions received.

    However, the 9th Circuit Court of Appeals ruled in a 2018 case involving San Francisco and Santa Clara County, California, that the president could not refuse to “disperse the federal grants in question without congressional authorization.”

    Federal courts, meanwhile, split over whether Trump could freeze funding attached to a specific federal program called the Edward Byrne Memorial Assistance Grant Program, which provides about US$250 million in annual funding to state and local law enforcement.

    These cases were in the process of being appealed to the Supreme Court when the Department of Justice, under Biden, asked that they be dismissed.

    Other Supreme Court rulings also suggest that the Trump administration’s claim that it can withhold federal funding from sanctuary places rests on shaky legal ground.

    The Supreme Court ruled in 1992 and again in 1997 that the federal government could not coerce state or local governments to use their resources to enforce a federal regulatory program, or compel them to enact or administer a federal regulatory program.

    Under pressure

    The first Trump administration was not generally successful, with the exception of the split over the Edward Byrne Memorial Assistance Grant Program, at stripping funding from sanctuary places. But cutting federal funding – even if it happens temporarily – can be economically damaging to cities and counties while they challenge the decision in court.

    Local officials also face other kinds of political pressure to comply with the Trump administration’s demands.

    A legal group founded by Stephen Miller, deputy chief of staff in the Trump administration, for example, sent letters to dozens of local officials in January threatening criminal prosecution for their sanctuary policies.

    Michelle Wu, the mayor of Boston, a sanctuary city, testifies during a House committee hearing on sanctuary city mayors on March 5, 2025, in Washington.
    Nathan Posner/Anadolu via Getty Images

    The real effects of sanctuary policies

    One part of Trump’s argument against sanctuary policies is that places with these policies have more crime than those that do not.

    But there is no established relationship between sanctuary status and crime rates.

    There is, however, evidence that when local law enforcement and ICE work together, it reduces the likelihood of immigrant and Latino communities to report crimes, likely for fear of being arrested by federal immigration authorities.

    Sanctuary policies are certainly worthy of debate, but this requires an accurate representation of what they are, what they do, and the effects they have.

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

    ref. Trump wants to cut funding to sanctuary cities and towns – but they don’t actually violate federal law – https://theconversation.com/trump-wants-to-cut-funding-to-sanctuary-cities-and-towns-but-they-dont-actually-violate-federal-law-255831

    MIL OSI – Global Reports

  • MIL-OSI Global: The hidden power of cultural exchanges in countering propaganda and fostering international goodwill

    Source: The Conversation – USA – By Nicholas J. Cull, Professor of Communication, USC Annenberg School for Communication and Journalism

    The bluegrass group Della Mae plays at an orphanage in Kyrgyzstan on its State Department-sponsored American Music Abroad tour in 2012. Photo: Paul Rockower

    At a time when China is believed to spend about US$8 billion annually sending its ideas and culture around the world, President Donald Trump has proposed to cut by 93% the part of the State Department that does the same thing for the United States.

    The division is called the Bureau of Educational and Cultural Affairs. Among its other activities, the bureau brings foreign leaders to the U.S. for visits, funds much of the Fulbright international student, scholar and teacher exchange program and works to get American culture to places all across the globe.

    Does this matter?

    As a historian specializing in the role of communication in foreign policy, I think it does. Reputation is part of national security, and the U.S. has historically enhanced its reputation by building relationships through cultural tools.

    Previous U.S. administrations have realized this, including during President Donald Trump’s first term, when his team, led by Assistant Secretary of State for Educational and Cultural Affairs Marie Royce, raised the Bureau of Educational and Cultural Affairs budget to an all-time high.

    Modern Jazz Quartet traveled to Germany in 1960 as jazz ambassadors on a State Department-sponsored tour.

    Giving politics a human dimension

    Government-funded cultural diplomacy is an old practice. In 1889, President Benjamin Harrison’s government hosted a delegation of leaders from Latin America on a 5,000-mile rail tour around the American heartland as a curtain raiser for the first Pan-American conference. The visitors met a variety of American icons, from wordsmith Mark Twain to gunsmiths Horace Smith and Daniel B. Wesson.

    President Teddy Roosevelt initiated the first longer-term cultural exchange program by spending money raised from an indemnity imposed on the Chinese government for its mishandling of the Boxer Rebellion, during which Western diplomats had been held hostage. The program, for the education of Chinese people, included study in the U.S. In contrast, European powers did nothing special with their share of the money.

    During World II, Nelson Rockefeller, who led a special federal agency created to build links to Latin America, brought South American writers to the U.S. to experience the country firsthand. In so doing, he invented the short-term leader visit as a type of exchange.

    This work went into high gear during the 1950s. The U.S. sought to stitch postwar Germany back into the community of nations, so that nation became a particular focus. Programs linked emerging global leaders to Americans with similar interests: doctor to doctor; pastor to pastor; politician to politician.

    I found that by 1963, one-third of the German federal parliament and two-thirds of the German Cabinet had been cultivated this way.

    Visits gave a human dimension to political alignment, and returnees had the ability to speak to their countrymen and women with the authority of personal experience.

    From jazz to promoting peace

    The globally focused International Visitor Leadership Program built early-career relationships between U.S. citizens and young foreign leaders who later played a central role in aligning their nations with American policy.

    Nearly 250,000 participants have traveled to the U.S. since 1940, including about 500 who went on to lead their own governments.

    Future Prime Minister Margaret Thatcher of Britain visited as a young member of Parliament; F.W. De Klerk came from South Africa and saw the post-Jim Crow South before he helped lead his country to dismantling apartheid; and Egypt’s Anwar Sadat visited the U.S. and began to build trust with Americans a decade before he became leader of his country and partnered with President Jimmy Carter to advance peace with Israel.

    British Prime Minister Margaret Thatcher’s note from 10 Downing Street about her 1967 exchange visit to the US – ‘Forevermore I shall be a true friend to the United States.’
    U.S. Department of State

    Cultural work more broadly has included helping export U.S. music to places where it would not normally be heard. The Cold War tours of American jazz musicians are justly famous. Work bringing together the world’s sometimes persecuted writers for creative sanctuary at the International Writing Program at the University of Iowa is less well known.

    The Reagan administration arranged citizen-to-citizen meetings with the Soviet Union to thaw the Cold War. Reagan’s theory was that ordinary citizens could connect: He imagined a typical Ivan and Anya meeting a typical Jim and Sally and understanding each other.

    Current programs include bringing emerging highfliers in tech, music and sports to the U.S. to connect to and be mentored by Americans in the same field and then go home to be part of a living network of enhanced understanding. Such programs are in danger of being cut under Trump.

    Five U.S. hip-hop artists traveled to Harare, Zimbabwe, in 2024 to perform for audiences and collaborate with local artists as part of the State Department’s Next Level program.
    U.S. Department of State

    Personal experience conquers stereotypes

    How exactly does this work advance U.S. security?

    I see these exchanges as the national equivalent to the advice given to a diplomat in kidnap training: Try to establish a rapport with your hostage-taker so that they will see the person and be inclined to mercy.

    The Bureau of Educational and Cultural Affairs is the part of the Department of State that cultivates empathy and implicitly counters the claims of America’s detractors with personal experience. Quite simply, it is harder to hate people you really know. More than this, exchanged people frequently become the core of each embassy’s local network.

    Of course, an exchange program is just one part of a nation’s reputational security.

    Reputation flows from reality, and reality is demonstrated over time. Historically, America’s reputation has rested on the health of the country’s core institutions, including its legal system and higher education as well as its standard of living.

    U.S. reputational security has also required reform.

    In the 1950s, when President Dwight Eisenhower faced an onslaught of Soviet propaganda emphasizing racism and racial disparities within the U.S., he understood that an effective response required that the U.S. not only showcase Black achievement but also be less racist. Civil rights became a Cold War priority.

    Today, when the U.S. has no shortage of international detractors, observers at home and abroad question whether the country remains a good example of democracy.

    As lawmakers in Washington debate federal spending priorities, building relationships through cultural tools may not survive budget cuts. Historically, both sides of the political aisle have failed to appreciate the significance of investing in cultural relations.

    In 2013, when still a general heading Central Command, Jim Mattis, later Trump’s secretary of defense, was blunt about what such lack of regard would mean. In 2013 he told Congress: ‘If you don’t fund the State Department fully, then I need to buy more ammunition, ultimately.“

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

    ref. The hidden power of cultural exchanges in countering propaganda and fostering international goodwill – https://theconversation.com/the-hidden-power-of-cultural-exchanges-in-countering-propaganda-and-fostering-international-goodwill-256316

    MIL OSI – Global Reports