Category: Russia

  • MIL-OSI Russia: International motorcycle festival in Mongolia attracted 2,500 participants

    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

    ULAN BATOR, June 7 (Xinhua) — More than 2,500 motorcyclists, including 500 bikers from China, Russia, Germany and the Republic of Korea, are taking part in the 10th international motorcycle festival called “Steppe Wind 2025”.

    The motorcycle festival started on Saturday from the central square of Mongolia and continued along the main streets of Ulaanbaatar.

    The current event is being hosted by the capital’s Tourism Department and local motorcycle clubs Mongolian choppers brotherhood MC and Red Falcons.

    After the biker parade, the festival participants went to the Khui Doloon Khudag Valley, which is located 30 kilometers from the capital of Mongolia.

    The motorcycle festival is expected to feature a variety of events, including performances by famous Mongolian rock and hip-hop bands, a laser show, a Leila dance show, and an exhibition of rare vintage motorcycles.

    The festival will run until June 8. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Yemen’s Houthis ready to exchange all prisoners with government

    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

    SANAA, June 7 (Xinhua) — Yemen’s Houthi group said on Friday it was ready to swap all prisoners with the country’s government, a major offer made by the rebels since the civil war began in late 2014.

    The Houthi-controlled Saba news agency reported, citing a statement from the head of the Houthi committee for prisoners’ affairs, Abdel Qader al-Murtada, that the group was ready to carry out “a full exchange process that includes all prisoners from all sides.”

    A.K. al-Murtada called on the Saudi government to put pressure on the Yemeni government to “respond to the initiative without preconditions.”

    Yemen’s internationally recognized government has yet to comment on the rebels’ proposal.

    In 2023, the Yemeni government and the Houthi group carried out a major UN-brokered prisoner exchange, exchanging about 900 people. Another major exchange took place in 2020, when both sides released about 1,000 prisoners and detainees.

    Yemen has been mired in civil war since late 2014, when rebels seized control of much of northern Yemen, ousting the Yemeni government from the capital Sanaa.

    Since April 2022, clashes between the Houthis and government forces have decreased following a UN-brokered ceasefire. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: China’s Foreign Exchange Reserves Increase to $3.2853 Trillion

    Translation. Region: Russian Federal

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

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

    BEIJING, June 7 (Xinhua) — China’s foreign exchange reserves stood at 3.2853 trillion U.S. dollars as of the end of May 2025, up 3.6 billion U.S. dollars or 0.11 percent from the level at the end of April, data released by the State Administration of Foreign Exchange showed Saturday.

    The ministry said in a statement that China’s foreign exchange reserves rose in May, under the combined impact of currency translation and asset price changes. -0-

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  • MIL-OSI Russia: Wildfire smoke causes poor air quality in major Canadian cities

    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

    OTTAWA, June 6 (Xinhua) — Smoke from wildfires raging in northern Ontario and the Prairies of Canada caused poor air quality and reduced visibility in major Canadian cities including Toronto, Ottawa and Montreal on Friday.

    Environment Canada issued a special air quality statement Friday in affected areas, warning that people most vulnerable to health impacts from air pollution should avoid strenuous outdoor work and seek medical attention if symptoms develop.

    Environment Canada’s David Phillips told CTV News that air quality is deteriorating as wildfires spread across the country.

    “We’ve certainly seen this week in Ontario that a lot of the smoke from the fires is going south,” he said.

    “Only a few people see the flames, but millions smell the smoke,” added D. Phillips.

    Toronto’s air quality was ranked the second worst in the world on Friday afternoon, data showed. -0-

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  • MIL-OSI Russia: Shanghai Stock Exchange Urges Listed Companies to Increase Dividend Payouts

    Translation. Region: Russian Federal

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

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

    BEIJING, June 7 (Xinhua) — The Shanghai Stock Exchange (SSE) has pledged to boost shareholder returns by encouraging listed companies to increase dividend payouts and continuously enhance their investment value.

    In a statement on Friday, the SSE said the exchange would help listed companies increase the scale and frequency of dividend payments and make better use of tools such as share buybacks, mergers and acquisitions, and investor sourcing to increase the investment value of companies.

    The statement was released after a seminar on Thursday attended by representatives from a number of Shanghai-listed companies, insurance companies and fund management institutions.

    There is already a group of high-yield companies on the Shanghai market. For example, companies listed on the main board reported an average dividend payout ratio of 39 percent in 2024, with a dividend yield of 3.6 percent.

    The structure and mechanism of China’s capital market are improving, creating a stronger foundation for high-quality growth, the SSE said.

    Underscoring the importance of confidence in Chinese assets, the SSE said it would enrich its portfolio of dividend-linked index products and help create a virtuous cycle of long-term capital, “patient capital” and high-quality equity assets. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: China to boost water use efficiency in 2024

    Translation. Region: Russian Federal

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

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

    BEIJING, June 7 (Xinhua) — China’s water use efficiency will continue to improve in 2024, according to a water resources bulletin released annually by the Ministry of Water Resources.

    Last year, China’s water consumption per 10,000 yuan (US$1,391.5) of GDP and per 10,000 yuan of industrial added value fell by 4.4 percent and 5.3 percent, respectively, the bulletin said.

    In 2024, both the amount of precipitation and the volume of water resources were significantly higher than the long-term average: the country’s average annual precipitation was 717.7 millimeters, 11.4 percent higher than the long-term average, and the total volume of water resources was 3.11 trillion cubic meters, 12.7 percent higher than the multi-year average.

    The bulletin also notes that in 2024, the volume of water supply from non-traditional water sources continued to increase, while the structure of water resources was constantly optimized.

    MIL OSI Russia News

  • MIL-OSI Russia: China to Release Over 60 Domestic and International Films in Summer 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, June 7 (Xinhua) — The film slate for the 2025 summer movie season was announced on Friday, with more than 60 Chinese and international films scheduled to be released to entertain audiences.

    The State Film Administration of China unveiled the list at a special event attended by cast and crews of several upcoming films, where they promoted their projects and shared key points with the public.

    This year’s summer lineup of domestic films covers a wide range of genres, including historical drama, thriller, action, comedy and animation, satisfying the increasingly diverse tastes of moviegoers.

    Among the Chinese films on display was “Dongji Island,” which tells the story of fishermen involved in a dramatic international maritime rescue operation.

    Another film, Lychee Road, follows the journey of an official during the Tang Dynasty (618-907) who was tasked with delivering fresh lychees, a mission that became an epic adventure.

    In the animation category, films like Nobody promise exciting content for young audiences during the holidays.

    The lineup of imported films that will be shown in Chinese cinemas during the summer months includes such well-known films as “How to Train Your Dragon,” “Jurassic World: Resurgence” and “Mission: Impossible – Final Fantasy XIV.”

    The event also featured a number of initiatives aimed at encouraging cinema attendance this summer.

    During the recent traditional Duanwu (Dragon Boat Festival) holiday, both box office receipts and the number of cinema attendees increased significantly compared to the same period last year.

    This year’s Dragon Boat Festival served as an effective warm-up for the upcoming summer season, signaling a recovery in the film market, said Lai Li, an analyst at Chinese film platform Maoyan, noting that the list of films scheduled for release this summer is extensive and diverse in genre. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Libyan PM orders probe into coastal city clashes

    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

    TRIPOLI, June 7 (Xinhua) — Libyan Prime Minister Abdel Hamid Dbeibah on Friday ordered an investigation into the clashes that broke out in the northwestern coastal city of Sabratha on Thursday.

    The prime minister’s press service said in a statement that the Libyan government leader had instructed the commander of the Western Military District to “launch an immediate and thorough investigation” into the clashes.

    “The instructions are part of yesterday’s order given to the commander of the Western Military District to urgently intervene in the situation and stop the fighting,” the statement added.

    According to local media, clashes between rival armed groups broke out on Thursday in Sabratha, about 70 km west of the capital Tripoli, and continued into Friday morning. There were no reports of casualties.

    Libya has suffered from insecurity and political instability since the fall of Muammar Gaddafi’s regime in 2011. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Four Israeli soldiers killed in Gaza blast

    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

    JERUSALEM, June 7 (Xinhua) — Four Israeli soldiers were killed in the southern Gaza Strip on Friday, the Israel Defense Forces (IDF) said.

    The dead soldiers included 33-year-old Staff Sergeant Hen Gross and 19-year-old Staff Sergeant Yoav Raver, according to the statement.

    Israeli state television Kan TV News reported that the soldiers were killed when an explosive device went off at a Hamas-linked building in Khan Yunis, causing the building to collapse.

    Rescuers worked for several hours to extract bodies from the rubble, the channel reported. IDF troops entered the building after receiving intelligence that a Hamas tunnel was located underneath.

    According to the channel and the IDF, five more soldiers were injured in the incident. –0–

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  • MIL-OSI Russia: Student who injured three people in central China has been subject to preventive measures

    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

    WUHAN, June 7 (Xinhua) — A 23-year-old student has been taken into criminal custody for allegedly injuring three people at Wuhan University in central China’s Hubei Province, local police said Friday.

    The incident occurred at around 5 p.m. on Wednesday at a university canteen in Wuhan’s Hongshan District.

    Police quickly arrived at the scene. According to the Hongshan District Public Security Bureau, the injured were immediately sent to hospital for treatment and their lives are not in danger.

    The suspect, surnamed Zhu, was taken into custody by the police on the spot. Investigation showed that he committed the act due to problems with his studies, he confessed to the crime and was subject to preventive measures.

    Further investigation is currently underway. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Chinese and German astronomers find Earth-like exoplanet

    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

    KUNMING, June 7 (Xinhua) — Chinese and German astronomers recently announced the discovery of an exoplanet in the habitable zone, meaning its surface temperature allows liquid water to exist, the Yunnan Observatory of the Chinese Academy of Sciences (CAS) said.

    Studies of Earth-like exoplanets are conducted based on several physical factors, including size, mass, surface temperature, etc., that influence the habitability of the planet.

    The newly discovered celestial body orbits the central star Kepler-725, which is 2,472 light years from the solar system. Scientists estimate that Kepler-725, which is much younger than the Sun, has only existed for 1.6 billion years. As a result, more violent activity is observed on the surface of the star.

    The discovered planet’s rotation period around its host star is about 207.5 days, which is relatively close to the Earth’s rotation period. Its mass is 10 times greater than that of our planet.

    There are currently 5,912 confirmed planets outside the Solar System. Very few of these are classified as planets that have physical factors that make them habitable.

    Many methods have been developed to search for exoplanets. The most productive of these are considered to be the methods of astrometric measurements and passages /transits/. The first method involves attempts to register the periodic displacement of stars on the celestial sphere under the influence of planets orbiting them, and the second uses the effect of weakening the visible brightness of a star when an exoplanet passes in front of it.

    However, the limitations of these two methods are obvious. They make it extremely difficult to detect Earth-sized exoplanets due to their relatively small size and the great distance from the stars they orbit.

    Sun Leilei, a researcher at the Yunnan Observatory, said the exoplanet was found using the Transit Timing Variation (TTV) method.

    The TTV method is based on determining the start time of a known exoplanet’s transit and deducing whether its transit occurs with strict periodicity or whether there are some deviations. In other words, the researchers managed to “indirectly” prove the existence of a previously unknown celestial body in the Kepler-725 planetary system.

    Thus, astronomers have discovered for the first time an exoplanet located in the habitable zone. The results of their research were published in the prestigious international scientific journal Nature Astronomy on June 3.

    The question of the existence of life on the discovered exoplanet remains open. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: The story of Swedish “house dad” Patrick Bachstatter and his “organic life” in Dali

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    The story of Patrik Bachstatter, 33, a Swede and one of the 379,000 foreigners permanently residing in Yunnan Province, is typical. He and his wife met in the Philippines. Since 2018, the family has lived in Shenyang, Sanya, Qingdao and other cities before finally finding their “home” in its full sense in Dali, Yunnan. “Although it’s not a big city, it has perfect infrastructure and a lifestyle close to nature,” the head of the family said. The clean air, mountainous surroundings and close-knit community in Dali have given him a strong sense of belonging, especially when considering his children’s education.

    Bachstatter on an organic farm in Yunnan Province (Source: video screenshot)

    Nowadays, Bachstatter mainly works in organic farming. He was attracted by the agricultural eco-community of Dali and began growing organic vegetables in villages in Midu and Eryuan counties, implementing sustainable technologies based on soil health and biodiversity. Although rural life has not turned out to be as idyllically carefree as he imagined, the connection with the land and the farmers has become most valuable to him: “The local farmers have not studied organic farming systematically, but they have a deep emotional connection with the land. I absorb a lot from their experience based on tradition.”

    Every week, Bachstatter takes his little daughter out into the fields to get to know different plants and to understand the value of healthy eating and environmental protection. “In an era of rapid technological development, it is especially important to develop independent thinking and creativity in children,” says the caring “stay-at-home dad.” He now plans to expand the scale of agriculture, research hydroponic technologies and agroecology, and dreams of creating a network of organic farms.

    MIL OSI Russia News

  • MIL-OSI Russia: “To China with an empty suitcase!”: a trend quickly spreading around the world

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    As tours to China become more accessible and attractive, traveling and shopping in this country is becoming a new trend among foreign tourists. The practical advice – “When going to China, be sure to take an empty suitcase!” – has recently caused a heated discussion on foreign social networks. From “traveling around China” to “shopping in China”: the emotions of traveling and sweeping goods off the shelves make foreign guests unanimously exclaim: “Super!”

    Simon and Mary, who came from Australia, are very interested in tech products, so they made Huaqiangbei (Shenzhen) the last stop of their trip. Very soon, they had a rich “catch”: phone accessories, fans, headphones and portable chargers filled two huge bags. In the guidebooks that foreign tourists share with each other, Huaqiangbei, a paradise of high technology and a place where you can haggle to your heart’s content, is gradually becoming a must-see, popular attraction.

    After choosing the goods on the upper floors, you can go down and immediately arrange delivery. Huaqiangbei has all kinds of services: currency exchange, international logistics, tax refund on purchased goods, which is equivalent to a 10% discount. According to the seller of the Chinese-made drone store, they currently sell about 50 drones a week, half of which are purchased by foreign tourists. Data from the tax refund agency also shows that sales of Chinese smartphones and drones are in the lead, accounting for 38% of all tax refund requests.

    Andy volunteers in Huaqiangbei. He believes that the current shopping boom among foreign tourists in Huaqiangbei is not only due to the low prices: “The range of goods here is truly amazing. There is a huge choice, for every budget. “Variety” is the word I would use to describe it. It’s really great!”

    MIL OSI Russia News

  • MIL-OSI Russia: In Wuchuan County, Guizhou Province, intercropping of flowers and medicinal plants injects vitality into rural revival

    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

    In Wuchuan County, Guizhou Province, intercropping of flowers and medicinal plants injects vitality into rural revival

    In early summer, in Dazhu Village, Huangdu Town, Wuchuan Autonomous County, Zunyi City, Guizhou Province, golden qili (Roxburgh rose) flowers bloom everywhere on the mountain slopes and fields, like a golden ocean covering the foothills and creating a vibrant rural idyll.

    In order to improve land use efficiency and increase local income, a new model of intercropping of cili and medicinal plant peicedanum was developed.

    Golden cili is rich in vitamin C and other nutrients, and has high nutritional and medicinal value. Its fruits are processed into fruit juices, candied fruits and dietary supplements after ripening, which opens up broad market prospects for it. Peicedanum, being a widely used medicinal raw material, enjoys stable demand in the market.

    In recent years, Huangdu Township has actively adjusted its agricultural structure and developed unique crop production industries in line with local conditions. The intercropping model of these two crops in Dazhu Village has become a vivid practical example of developing local production diversification, injecting new vitality into rural revival and paving the way for local residents to prosper through unique industries.

    MIL OSI Russia News

  • MIL-OSI Russia: Magnitude 6.4 earthquake hits northern Chile, causing power outages

    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

    SANTIAGO, June 6 (Xinhua) — A 6.4-magnitude earthquake struck northern Chile on Friday, causing power outages in several areas but no casualties were reported, local authorities said.

    The earthquake struck at 13:15 local time /17:15 GMT/, 54 km south of the town of Diego de Almagro in the Atacama region of northern Chile, about 950 km north of Santiago, according to the National Seismology Center of the University of Chile.

    The earthquake’s hypocenter was located at a depth of 65 km, and tremors were felt in nearby cities.

    Local media reported power outages in affected areas, and officials said more details would be released later in the day.

    The Chilean Navy’s Hydrographic and Oceanographic Service has ruled out the risk of a tsunami.

    Chile’s National Disaster Prevention and Response System continues to assess potential damage to populations, infrastructure and essential services.

    Situated along the Pacific Ring of Fire, Chile is one of the most seismically active countries in the world. –0–

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  • MIL-OSI Russia: Democratic Republic of Congo Implements the Enhanced General Data Dissemination System (e-GDDS)

    Source: IMF – News in Russian

    June 6, 2025

    With the successful launch of the new data portal—the National Summary Data Page (NSDP) — the Democratic Republic of Congo has implemented a key recommendation of the IMF’s Enhanced General Data Dissemination System (e-GDDS) to publish essential macroeconomic and financial data. The e-GDDS is the first tier of the IMF Data Standards Initiative that promotes transparency as a global public good and encourages countries to voluntarily publish timely data that is essential for monitoring and analyzing economic performance.

    The launch of the NSDP is a testament to the Democratic Republic of Congo’s commitment to data transparency. It serves as a one-stop portal for disseminating various macroeconomic data compiled by multiple statistical agencies. The published data includes statistics on national accounts, prices, government operations, debt, the monetary and financial sector, and the external sector.

    The launch of the NSDP was supported by an IMF technical assistance mission, financed by the Government of Japan through the Japan Administered Account for Selected Fund Activities, and conducted in collaboration with the African Development Bank from June 2 to 6, 2025. The mission was hosted by the Ministry of Finance – Comité de Pilotage et d’Orientation de la Réforme de Finances,” in close collaboration with the Banque Centrale du Congo and the Institut National de la Statistique.

    With this reform, the Democratic Republic of Congo will join 76 countries worldwide and 34 countries in Africa that are using the e-GDDS to disseminate standardized data.  

    Mr. Bert Kroese, Chief Statistician and Data Officer, and Director of the IMF’s Statistics Department, welcomed this as a major milestone in the Democratic Republic of Congo’s statistical development. “I am positive that the Democratic Republic of Congo will gain substantial advantages from deploying the e-GDDS as a framework to enhance its statistical system.” Mr. Kroese stated.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Boris Balabanov

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/06/06/pr-25185-democratic-republic-of-congo-dem-repub-of-congo-implements-the-e-gdds

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  • MIL-OSI Russia: The fourth season of the University Shifts project has started.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    The fourth season of the University Shifts project has started. This year, more than 100 Russian universities have joined the project.

    “University Shifts” is a career guidance project, within the framework of which schoolchildren and college students get a unique opportunity to experience student life, see the structure of universities from the inside and get acquainted with the educational program and opportunities of higher education institutions. Universities create an environment for the children that is as close as possible to a student environment, immerse them in the educational process and introduce them to the scientific potential of the university, including through visits to specialized enterprises – potential employers and university laboratories. During the shifts, the children live on university campuses and country camps. To implement the principle of harmonious personal development, the career guidance program is combined with cultural and leisure activities: visits to museums and theaters, excursions, participation in interactive classes on the history and culture of Russia, as well as meetings with students, university teachers, government officials, athletes, and cultural figures.

    “Our President Vladimir Putin spoke about the importance of choosing a job that you love and realizing your calling. The University Shifts project allows the younger generation to choose a profession and a future university at an early age. In the fourth season, children aged 14 to 17 will be able to participate, including those from new regions. This year, the program’s capabilities have been expanded thanks to the decision of Prime Minister Mikhail Mishustin,” said Deputy Prime Minister Dmitry Chernyshenko.

    The Deputy Prime Minister added that during his working trips he visited organizations that are project sites. For example, the Mariupol State University named after A.I. Kuindzhi.

    Among the participants of the first shift of this season are 570 children from the Donetsk People’s Republic, Zaporizhzhya and Belgorod regions. In total, nine shifts are planned for the summer season.

    “The first groups will go to universities in Rostov-on-Don, Kostroma, Arkhangelsk, Tambov, Nalchik, Ryazan and Moscow. It is important that this year, in addition to career guidance and cultural and leisure events, the shifts will integrate a program dedicated to the 80th anniversary of the Victory in the Great Patriotic War, as well as the 80th anniversary of the nuclear industry in Russia. Thus, children will learn more about the great deeds of the heroes and scientists of our country,” said the head of the Ministry of Education and Science, Valery Falkov.

    It is planned that over 16 thousand children aged 14 to 17, including those from new regions, will be able to participate in the fourth season.

    Over three years, more than 44 thousand children went to the “University Shifts”, in 2024 alone, 107 universities of the country accepted more than 15 thousand schoolchildren and students of secondary vocational education. The children were able to visit the most remote corners of the country, and discovered Kamchatka.

    Let us recall that since 2023 the project has been implemented jointly with the “Movement of the First”. The All-Russian Children’s Movement has developed methodological recommendations for conducting educational, cultural, educational and career guidance events of the shifts.

    “University shifts are an excellent opportunity for the participants of the “Movement of the First”, schoolchildren and students of professional educational organizations of all regions of Russia to get acquainted with domestic universities, their scientific base and areas of professional training. Career guidance programs will cover more than 100 universities and will be held in eight areas: technical, humanitarian, medical, creative, sports, pedagogical, agricultural and information technology. Immersing yourself in student life for 10 days is the best way to shape your future professional trajectory,” emphasized the chairman of the board of the “Movement of the First” Artur Orlov.

    The University Shifts project has been implemented since 2022. It is both a social support measure and a form of encouragement for talented youth. Young people from new regions, border territories and families of SVO participants take part in it within a separate quota. Participants of the Movement of the First from all over Russia get into the program as a result of a competitive selection, within which they complete tasks in the areas of professional training that interest them.

    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.

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  • MIL-OSI Russia: Financial News: Automatic Conversion of Depository Receipts: Second Round

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    From June 9, 2025, the automatic conversion of depositary receipts into shares of Russian issuers whose programs were terminated in accordance withby law. Bank of Russia determined the order its implementation.

    The conversion will only affect those investors whose securities are registered with Russian depositories at the time of the conversion. No later than June 17, 2025, issuers are required to send a notice of the launch of the procedure to the depository where the shares for which the depository receipts were issued are stored. All transactions with depository receipts are suspended until the conversion is completed.

    Depositories will write off depository receipts from accounts and credit shares of Russian issuers instead. Investors, regardless of whether they are residents or non-residents, do not need to take any action. The entire process will take no more than one month.

    Automatic conversion will also affect those depository receipts whose programs were extended in accordance with the procedure established by the Government. It will be carried out after the program ceases to be effective.

    Preview photo: Muanpare Wanpen / Shutterstock / Fotodom

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

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

    HTTPS: //vv. KBR.ru/Press/Event/? ID = 24684

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  • MIL-OSI Russia: Dmitry Grigorenko: Russia is ready to share its digitalization experience with foreign countries

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    The Global Digital Forum is taking place in Nizhny Novgorod on June 5 and 6. The event serves as a platform for building a dialogue between representatives of Russian and foreign IT companies, government bodies, and the scientific and expert community. Deputy Prime Minister and Chief of Staff of the Government Dmitry Grigorenko delivered a report at the plenary session “New Digital World: From Monopolies to Equal Partnership”.

    Digital technologies have become an integral part of increasing the efficiency of processes in many areas in Russia – from public administration and provision of government services electronically to medicine and creation of additional opportunities in education. Thus, 85% of all permits and licenses in the country are issued electronically, and every second application to the registry office is submitted by newlyweds through “Gosuslugi”.

    “Russia is focusing on the development of domestic technologies and is in an active phase of introducing artificial intelligence in various industries. AI can have a great economic effect, speed up and simplify the execution of various tasks. Our country has many solutions that are not inferior to foreign ones, and biometrics services are available that make everyday life easier, for example, checking into hotels or services in MFCs,” said Dmitry Grigorenko.

    The Deputy Prime Minister and Head of the Government Staff noted that the IT industry in Russia is demonstrating steady growth. Over the past five years, the number of participants in the register of accredited IT companies has doubled, and their profits have grown sevenfold. In addition, competitive IT solutions have emerged that are not inferior to foreign ones. According to the Deputy Prime Minister, it is important to consider them not only as products for the domestic market, but also as a full-fledged commodity for export. IT solutions in the field of information security, platform solutions and artificial intelligence have the greatest export potential.

    The Governor of the Nizhny Novgorod Region, Gleb Nikitin, addressed the participants of the Global Digital Forum with a welcoming speech.

    “Today, the Nizhny Novgorod Region is rightfully considered one of the key IT hubs in Russia. We are third in the country – right after Moscow and St. Petersburg – in terms of the level of development of the software development industry, first – in terms of the effectiveness of government support measures for the IT industry. We are building the only IT campus in the country, “Neimark”. Nearby, we will build a modern IT technopark, where the offices of leading technology companies will be located – from international IT giants to fast-growing startups,” emphasized Gleb Nikitin.

    Earlier, at CIPR-2025, the results of monitoring the IT industry for 2024 were presented: the contribution of accredited IT companies to the Russian economy amounted to 6%, and for every ruble of government support invested, 2 rubles were received in taxes.

    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.

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  • MIL-OSI Russia: Alexey Overchuk held a meeting with the Governor of the Sakhalin Region Valery Limarenko

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Alexey Overchuk held a meeting with the Governor of the Sakhalin Region Valery Limarenko.

    Deputy Prime Minister Alexey Overchuk held a working meeting with Sakhalin Region Governor Valery Limarenko.

    During the conversation, Valery Limarenko spoke about regional climate policy – efforts being undertaken in the Sakhalin Region to improve the environment, reduce greenhouse gas emissions, as well as improve measures aimed at reducing the carbon footprint, and their impact on the sustainable economic development of the region.

    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.

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  • MIL-OSI Russia: NDB signs 1.2 bln yuan loan agreement to finance environmental projects in China

    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

    SHANGHAI, June 6 (Xinhua) — The BRICS New Development Bank (NDB) on Friday announced the signing of a 1.2 billion yuan (about 167 million U.S. dollars) syndicated loan agreement to support environmental projects in China.

    As noted by the NBR, the agreement, concluded jointly with the Bank of China and the Chinese company Haitong Unitrust International Financial Leasing Co., Ltd., is aimed at financing green leasing sub-projects focused on environmental goals and climate commitments of the PRC.

    Under the agreement, the NDB will provide more than 713.32 million yuan, while the Bank of China will provide an additional 500 million yuan. Haitong Unitrust, in turn, will use the funds to purchase and lease equipment for projects in areas such as wastewater treatment, solid waste management and power generation from iron and steel exhaust gases.

    To promote balanced regional development, eligible sub-projects will be implemented outside China’s first-tier cities, bringing investment to less developed areas of the country.

    “This initiative meets the needs for climate resilience and environmental protection, and also helps increase investment in less developed regions of China,” said Vladimir Kazbekov, Vice President and Chief Operating Officer of the NDB.

    The NDB was established in 2015 by Brazil, Russia, India, China and South Africa. It is a multilateral development bank that aims to mobilize resources for infrastructure and sustainable development projects in the BRICS region and other emerging market and developing economies. –0–

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  • MIL-OSI Russia: China’s maritime arbitration continues to expand internationally: CCPIT chairman

    Translation. Region: Russian Federal

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

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

    BEIJING, June 6 (Xinhua) — China’s international influence in maritime arbitration continues to grow steadily, with a marked increase in the number of cases involving other countries and regions and a growing degree of internationalization, said Ren Hongbin, chairman of the China Council for the Promotion of International Trade (CCPIT).

    Ren Hongbin, also head of the China Maritime Arbitration Commission (CMAC), made the remarks during a high-level dialogue on maritime and commercial arbitration held in Beijing on Friday.

    In 2024, CMAC ranked among the world’s leading maritime arbitration institutions in terms of caseload. According to Ren Hongbin, the number of disputes it handled involving other countries and regions increased by 55 percent compared with 2023, accounting for 39 percent of its total cases, with disputes covering 40 countries and regions.

    There are currently 284 arbitration institutions in China, which have handled more than 5 million cases with a total value of over 9 trillion yuan (about 1.25 trillion US dollars) involving parties from more than 100 countries and regions.

    Looking to the future, Ren Hongbin called for the development of arbitration services based on innovation and urged arbitration institutions to actively explore the application of scientific and technological methods such as digital technology and artificial intelligence.

    According to him, the use of information technology will reduce costs and increase efficiency and transparency, which will contribute to the continuous increase in the authority and competitiveness of arbitration services in the global arena. –0–

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  • MIL-OSI Russia: China’s public security minister calls for consistency in fighting organized crime

    Translation. Region: Russian Federal

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

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

    BEIJING, June 6 (Xinhua) — Chinese Minister of Public Security Wang Xiaohong on Friday stressed the need to make the fight against organized crime regular and continuous, improving mechanisms and enhancing the effectiveness of methods in this fight.

    At a meeting on the sustained campaign to combat organized crime, Wang Xiaohong, also a member of the CPC Central Committee Secretariat, said it was necessary to “crush all crime, eliminate all villains, expose all patrons, combat all forms of corruption, and restore order wherever chaos reigns.”

    Wang Xiaohong called for intensifying targeted strikes against crime, maintaining the principle of “zero tolerance,” emphasizing “efficiency, precision and toughness,” and not giving criminal structures a second’s respite.

    The Minister also called for the creation of an effective mechanism for long-term prevention and combating organized crime, decisively destroying the breeding ground for such structures. –0–

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  • MIL-OSI Russia: The President of the Republic of Korea held a telephone conversation with D. Trump

    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

    SEOUL, June 6 (Xinhua) — President of the Republic of Korea (ROK) Lee Jae-myung held a telephone conversation with U.S. President Donald Trump at 10 p.m. local time on Friday, the South Korean leader’s office said.

    As noted by the presidential office, the call lasted about 20 minutes, during which the leaders discussed a number of issues, including ways to develop the alliance between the Republic of Korea and the United States.

    In addition, D. Trump invited Lee Jae-myung to visit the United States, the presidential administration said. –0–

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  • MIL-OSI Russia: A magnitude 6.5 earthquake has struck 107 km west-southwest of Diego de Almagro, Chile – USGS

    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

    NEW YORK, June 6 (Xinhua) — An earthquake with a magnitude of 6.5 jolted 107 km west-southwest of Diego de Almagro, Chile, at 17:15:04 GMT on Friday, the U.S. Geological Survey said.

    According to initial data, the epicenter of the tremors was located at a point with coordinates 26.60 degrees south latitude and 71.10 degrees west longitude. The hypocenter was located at a depth of 96 km. –0–

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  • MIL-OSI Russia: Chinese Foreign Minister Holds Phone Talk with French Foreign Minister

    Translation. Region: Russian Federal

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

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

    BEIJING, June 6 (Xinhua) — Chinese Foreign Minister Wang Yi held a telephone conversation with French Foreign Minister Jean-Noel Barrot on Friday.

    Wang Yi, also a member of the Politburo of the CPC Central Committee, recalled that Chinese President Xi Jinping and French President Emmanuel Macron recently held a telephone conversation during which an important consensus was reached on strengthening strategic coordination between the two countries.

    The two sides should make proper preparations for further exchanges at all levels, and China invites senior French officials to attend the World Conference on Artificial Intelligence in Shanghai in 2025, the Chinese Foreign Minister said.

    Noting that the two sides have reached consensus on resolving trade and economic issues through dialogue and consultation, Wang Yi stressed the need to expand cultural, humanitarian and educational exchanges to promote the healthy development of the China-France comprehensive strategic partnership and China-EU ties.

    Wang Yi noted that China and France, adhering to the traditions of independence and self-reliance, should strengthen strategic mutual trust and respect each other’s core interests.

    He stressed that the Taiwan issue is an internal matter of China, which affects the national sovereignty and territorial integrity of the country and is fundamentally different from the Ukrainian problem. China attaches great importance to France’s commitment to the one-China policy, the diplomat noted, adding that China believes that France will implement this commitment.

    Wang expressed hope that France will take a correct stance and oppose NATO’s interference in the Asia-Pacific region, stressing that the two countries should jointly adhere to multilateralism and safeguard free trade, and oppose the practice of unilateral bullying.

    J.-N. Barrot, for his part, said that Vice President of the People’s Republic of China Han Zheng has been invited to attend the upcoming UN Ocean Conference in France, noting that in the context of growing global uncertainty, French-Chinese relations are taking on particular importance.

    France always regards China as a friend and partner, firmly adheres to the one-China policy, and hopes to maintain high-level exchanges and enhance strategic communication with China, the French diplomat assured.

    Strengthening bilateral cultural and humanitarian exchanges will send a strong signal of openness, which is particularly relevant in the current circumstances, continued Jean-Nicolas Barrot, adding that France is against trade and tariff wars and is ready to continue to properly resolve trade and economic frictions through consultations.

    The parties also exchanged views on issues related to Ukraine, the Palestinian-Israeli conflict, and the Iranian nuclear program. –0–

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  • MIL-OSI Russia: The Chinese market will always be a point of attraction for foreign investment – Chinese Foreign Ministry

    Translation. Region: Russian Federal

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

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

    BEIJING, June 6 (Xinhua) — Regardless of the challenges in the external environment, Chinese manufacturing is still needed by the world and the Chinese market will always be a magnet for foreign investment, Foreign Ministry spokesman Lin Jian said at a press briefing in Beijing on Friday.

    As pointed out by one of the journalists during the event, China’s economic and trade ties with the rest of the world remain strong amid the tense international economic environment. It is reported that in the first five months of this year, China opened a total of 101 international cargo air routes, adding more than 195 round-trip flights per week. In addition, from January to April, the cargo throughput of Chinese ports amounted to 5.755 billion tons, up 3.7 percent year-on-year, and their container throughput exceeded 110 million TEU (20-foot equivalent unit), up 7.9 percent year-on-year.

    Commenting on the data, Lin Jian said that in the first four months of this year, China’s total import and export volume of goods grew by 2.4 percent year-on-year, with the growth in April being 4.3 percentage points higher than in the first quarter.

    The official noted that China’s economy continues to unleash its vitality and trade resilience is continuously strengthened. This fully demonstrates that, regardless of the challenges arising in the external environment, Chinese manufacturing is still needed by the world, and the Chinese market will always be a magnet for foreign investment.

    “Unilateralism and protectionism are unsustainable. ‘Building walls and erecting barriers’ will not stop China’s decisive steps toward opening up and cooperating with the rest of the world for common development,” Lin Jian concluded. –0–

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  • MIL-OSI Russia: Former NPC Standing Committee Vice Chairman Zhedi Dies at 87

    Translation. Region: Russian Federal

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

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

    BEIJING, June 6 (Xinhua) — Zhedi, a former vice chairman of the Standing Committee of the National People’s Congress (NPC), China’s top legislative body, died of illness at the age of 87 in Beijing at 2:15 a.m. on Friday, an official statement said.

    The statement said Zhedi, who served as vice chairman of the 10th NPC Standing Committee, was “an outstanding member of the Communist Party of China, a dedicated fighter for communism, a talented leader in ethnic affairs and the development of the socialist legal system, and a worthy son of the Tibetan people.” –0–

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  • MIL-OSI Russia: Recognition of the One-China Principle is in Guatemala’s Fundamental Interests – Chinese Foreign Ministry

    Translation. Region: Russian Federal

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

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

    BEIJING, June 6 (Xinhua) — Recognizing the one-China principle and developing relations with China are in the fundamental interests of Guatemala and its people, Chinese Foreign Ministry spokesman Lin Jian said on Friday.

    Lin Jian made the statement at a regular briefing for journalists, commenting on recent statements by Guatemalan President Bernardo Arevalo during his visit to the Chinese region of Taiwan.

    The official representative recalled that there is only one China in the world, Taiwan is an inalienable part of China’s territory, and the government of the People’s Republic of China is the sole legitimate government representing all of China.

    “This is the broad consensus of the international community and cannot be disputed,” Lin Jian stressed.

    He noted that the Democratic Progressive Party administration in Taiwan is trying to use so-called “diplomatic allies” for political manipulation, but these self-deceptive tricks will not be able to stop the historical trend toward China’s inevitable reunification.

    Currently, 183 countries have diplomatic relations with China, which fully demonstrates that adherence to the one-China principle is the universally recognized supreme truth, the common aspiration of the people and the general trend of the times, Lin Jian noted.

    “We urge the governments of the relevant countries to clearly understand the overall trend, listen to public sentiment, and make the right choice as soon as possible,” the Chinese Foreign Ministry official concluded. –0–

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  • MIL-OSI Russia: Central Leading Groups Hold Working Meeting in Beijing on Party-Wide Publicity Campaign to Strictly Implement the Eight-Point Rules

    Translation. Region: Russian Federal

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

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

    BEIJING, June 6 (Xinhua) — A working meeting of central leading groups was held in the Chinese capital on Friday to discuss the Party-wide education campaign on strictly abiding by the “Eight-Point Rules” issued by the CPC Central Committee to improve the behavior style of Party cadres and civil servants.

    Shi Taifeng, a member of the Politburo of the CPC Central Committee and deputy head of the Central Leading Group for Party Building, attended the meeting and delivered a speech.

    The participants at the event stressed the need to ensure more thorough and visible results in the Party-wide educational campaign and encourage Party members and cadres to maintain a solid foundation for their beliefs.

    The meeting also called on local authorities and departments to effectively address such prominent problems as the practice of holding lavish banquets and feasts, improve relevant rules and regulations, eliminate institutional shortcomings, and enhance accountability and coordination in their work. –0–

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