NewzIntel.com

Category: Russian Federation

  • MIL-OSI Russia: Uzbekistan prioritizes development and strengthening of relations with China — expert

    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

    Tashkent, June 19 /Xinhua/ — The China-Central Asia mechanism is a strategic platform aimed at strengthening Chinese-Central Asian cooperation. Uzbekistan attaches priority importance to developing relations with China. Afzal Artikov, chief researcher at the Center for Economic Research and Reforms under the Presidential Administration of the Republic of Uzbekistan, said this in an exclusive interview with Xinhua recently.

    According to him, since its establishment, the China-Central Asia Dialogue Format has become an important tool for strengthening multi-vector cooperation, developing political, economic and cultural ties between Central Asia and China, and also serves as a platform for dialogue on key issues, including economic development, security and cultural exchange.

    Afzal Artikov noted that in Uzbekistan, taking into account the priorities of the country’s foreign policy and efforts aimed at ensuring socio-economic development, interaction within the framework of the China-Central Asia format is considered an important tool for attracting investment, expanding export opportunities, developing infrastructure and increasing regional connectivity.

    Particular importance is attached to areas of cooperation that directly contribute to the implementation of national strategies in the field of industrial modernization, digitalization, food and energy security, he said, adding that in this context, Uzbekistan is actively promoting initiatives to develop transport and logistics corridors, participate in Green Belt projects, joint scientific and educational programs, as well as deepen humanitarian and cultural exchange.

    Uzbekistan attaches priority importance to the development and strengthening of relations with China, which is one of the key strategic partners for all Central Asian countries. Such cooperation is considered not only as an important element of foreign policy, but also as an effective mechanism for supporting sustainable economic growth in the region, the expert concluded. –0–

    MIL OSI Russia News –

  • Iran, Israel trade fresh air attacks as Trump weighs US involvement

    Source: Government of India

    Source: Government of India (4)

    Iran and Israel traded further air attacks on Thursday as President Donald Trump kept the world guessing about whether the United States would join Israel’s bombardment of Iranian nuclear facilities.

    A week of Israeli air and missile strikes against its major rival has wiped out the top echelon of Iran’s military command, damaged its nuclear capabilities and killed hundreds of people, while Iranian retaliatory strikes have killed two dozen civilians in Israel.

    The worst-ever conflict between the rivals has raised fears that it will draw in world powers and rock regional stability already undermined by the spillover effects of the Gaza war.

    Speaking to reporters outside the White House on Wednesday, Trump declined to say if he had made any decision on whether to join Israel’s air campaign. “I may do it. I may not do it. I mean, nobody knows what I’m going to do,” he said.

    Trump in later remarks said Iranian officials wanted to come to Washington for a meeting and that “we may do that.” But he added, “It’s a little late” for such talks.

    Iranian Supreme Leader Ayatollah Ali Khamenei rebuked Trump’s earlier call for Iran to surrender in a recorded speech played on television, his first appearance since Friday.

    The Americans “should know that any U.S. military intervention will undoubtedly be accompanied by irreparable damage,” he said. “The Iranian nation will not surrender.”

    Iran denies it is seeking nuclear weapons and says its program is for peaceful purposes only. The International Atomic Energy Agency said last week Tehran was in breach of its non-proliferation obligations for the first time in 20 years.

    The foreign ministers of Germany, France and Britain plan to hold nuclear talks with their Iranian counterpart on Friday in Geneva to urge Iran to return to the negotiating table, a German diplomatic source told Reuters.

    But while diplomatic efforts continue, some residents of Tehran, a city of 10 million people, on Wednesday jammed highways out of the city as they sought sanctuary from intensified Israeli airstrikes.

    The Wall Street Journal said Trump had told senior aides he approved attack plans on Iran but was holding off on giving the final order to see if Tehran would abandon its nuclear program.

    Senior U.S. officials are preparing for the possibility of a strike on Iran in the coming days, Bloomberg News reported on Wednesday, citing people familiar with the matter.

    DRONE ATTACKS

    Early on Thursday, air defences were activated in Tehran, intercepting drones on the outskirts of the capital, the semi-official SNN news agency reported. Iranian news agencies also reported it had arrested 18 “enemy agents” who were building drones for Israeli attacks in the northeastern city of Mashhad.

    Israel’s military said sirens sounded in northern Israel and in the Jordan Valley on Thursday and that it had intercepted two drones launched from Iran.

    The Iranian missile salvoes mark the first time in decades of shadow war and proxy conflict that a significant number of projectiles fired from Iran have penetrated defences, killing Israelis in their homes.

    Israeli Prime Minister Benjamin Netanyahu, in a video released by his office on Wednesday, said Israel was “progressing step by step” towards eliminating threats posed by Iran’s nuclear sites and ballistic missile arsenal.

    “We are hitting the nuclear sites, the missiles, the headquarters, the symbols of the regime,” Netanyahu said.

    Israel, which is not a party to the international Non-Proliferation Treaty, is the only country in the Middle East believed to have nuclear weapons. Israel does not deny or confirm that.

    Netanyahu also thanked Trump, “a great friend of the state of Israel,” for standing by its side in the conflict, saying the two were in continuous contact.

    Trump has veered from proposing a swift diplomatic end to the war to suggesting the United States might join it.

    In social media posts on Tuesday, he mused about killing Khamenei.

    Russian President Vladimir Putin, asked what his reaction would be if Israel did kill Iran’s Supreme Leader with the assistance of the United States, said on Thursday: “I do not even want to discuss this possibility. I do not want to.”

    Putin said all sides should look for ways to end hostilities in a way that ensured both Iran’s right to peaceful nuclear power and Israel’s right to the unconditional security of the Jewish state.

    A source familiar with internal discussions said Trump and his team were considering options that included joining Israel in strikes against Iranian nuclear installations.

    Since Friday, Iran has fired around 400 missiles at Israel, some 40 of which have pierced air defences, killing 24 people, all of them civilians, according to Israeli authorities.

    Iran has reported at least 224 deaths in Israeli attacks, mostly civilians, but has not updated that toll for days.

    (Reuters)

  • MIL-OSI Russia: A young couple from NSU became finalists of the All-Russian competition “Student Families of Russia”

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    The All-Russian competition “Student Families of Russia” was organized by the Ministry of Science and Higher Education of Russia together with the Tambov State University named after G.R. Derzhavin and Gzhel State University as part of the implementation of the federal project “Family Support” of the national project “Family”. Young families in which both spouses aged 18 to 35 are officially married and are university students could take part in it. In the selection stage, the couple needs to record a video business card, pass a psychological test and submit a portfolio of achievements. As a result, 30 couples made it to the finals, who will go to Gzhel to represent their universities.

    NSU will be represented in the final by a married couple, Vyacheslav and Maria Kolobenko. Maria is graduating this year. Faculty of Natural Sciences, and Vyacheslav – Mechanics and Mathematics. The couple met in 2023 at Miss NSU. Vyacheslav was the organizer, and Maria was a participant. After the competition, the guys began to actively communicate.

    – We got to talking and were surprised to learn that we were both from Primorsky Krai. I am from Ussuriysk, and Masha is from Arsenyev, that is, only 100 kilometers from each other. We started dating on February 14 last year, and in May I realized that “well, that’s it, mine!” We went to Primorsky Krai and met our parents. Later, at the end of 2024, I proposed to Masha, and in April of this year we got married.

    The university invited us to participate in the competition, and we were not against it. We applied and passed. It’s cool that there is such an opportunity to go somewhere together, compete, spend time together, and even usefully, – said Vyacheslav Kolobenko.

    In July, the young couple will go to Gzhel. The final program includes thematic areas, master classes, round tables, discussions and research in focus groups on strengthening and popularizing family values, as well as meetings with government officials on issues of supporting young families.

    We wish victory to Vyacheslav and Maria!

    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 China: Russian investment fund to cooperate with Chinese digital trade platform

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

    The Russian Direct Investment Fund (RDIF) and Qifa, a Chinese-founded B2B digital trade platform operating across the Russia-China corridor, inked a strategic partnership on Wednesday at the St. Petersburg International Economic Forum (SPIEF) to advance cross-border digital trade and expand bilateral commerce.

    The collaboration agreement, signed on the sidelines of the forum, underscores joint efforts to modernize trade processes through technological integration. “RDIF and Qifa, a Russia-China B2B digital trade platform, have agreed to partner in developing digital trade and scaling bilateral trade volumes,” the fund stated in a press release.

    According to RDIF, the initiative will harness AI-driven solutions to streamline trade workflows, enhancing transparency and operational efficiency for businesses. This, in turn, is expected to drive product assortment expansion and cost optimization — key levers for accelerating trade growth in line with bilateral strategic objectives.

    “China leads in trade volume with Russia, with a robust e-commerce ecosystem already in place. RDIF’s focus on facilitating market access for Sino-Russian enterprises makes this partnership with Qifa an important step in elevating cross-border digital trade,” said Kirill Dmitriev, CEO of RDIF, in a statement.

    The 28th St. Petersburg International Economic Forum runs from June 18 to 21 this year, gathering delegates from over 100 countries and regions. 

    MIL OSI China News –

  • MIL-OSI Russia: 60 million yuan allocated for flood recovery in Guangdong province

    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 19 (Xinhua) — China’s National Development and Reform Commission on Wednesday said it has allocated 60 million yuan (about 8.36 million U.S. dollars) from the country’s central budget to support south China’s Guangdong Province in flood relief.

    The funds will be used to restore infrastructure and public service facilities in affected areas of Guangdong Province.

    Severe floods have hit Guangdong Province recently, with the area around Zhaoqing City suffering the worst damage. According to official data, as of midday on Wednesday, June 18, 300,000 residents of Huaiji County, which is under Zhaoqing City, were affected by the disaster, with 70,000 people evacuated to safe areas. -0-

    MIL OSI Russia News –

  • MIL-OSI China: Russia ready to hand over 3,000 more bodies of Ukrainian soldiers: Putin

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

    Russia is prepared to hand over the bodies of an additional 3,000 fallen Ukrainian soldiers, Russian President Vladimir Putin said Thursday.

    “We have returned the bodies of 6,000 fallen Ukrainian soldiers. We are ready to hand over approximately 3,000 more,” he said during a meeting with the heads of leading international news agencies in St. Petersburg.

    “These are, I repeat, sad and tragic figures,” Putin said. 

    MIL OSI China News –

  • MIL-OSI USA: Sen. Scott, Colleagues Lead Effort to Strengthen Review of Foreign Land Purchases Near Sensitive U.S. Military Sites

    US Senate News:

    Source: United States Senator for South Carolina Tim Scott

    WASHINGTON — U.S. Senator Tim Scott (R-S.C.), Chairman of the Senate Banking Committee, is leading an effort to strengthen national security by ensuring the Committee on Foreign Investment in the United States (CFIUS) can effectively review foreign land purchases near sensitive military, intelligence, and national laboratory sites.

    The Protect Our Bases Act, which Senator Scott introduced along with Sens. Mike Crapo (R-Idaho), Mike Rounds (R-S.D.), Thom Tillis (R-N.C.), John Kennedy (R-La.), Bill Hagerty (R-Tenn.), Katie Britt (R-Ala.), Pete Ricketts (R-Neb.), Jim Banks (R-Ind.), Kevin Cramer (R-N.D.), Bernie Moreno (R-Ohio), and Dave McCormick (R-Pa.), requires CFIUS member agencies to annually update records of the military, intelligence, and national laboratory facilities that should be designated as sensitive sites for national security purposes.   

    “The Chinese Communist Party’s efforts to infiltrate and surveil all parts of the U.S national security apparatus requires vigilance from our national security agencies. This legislation will enhance the review of foreign real estate transactions near critical national security installations, helping ensure CFIUS has the information it needs to protect our homeland and keep our nation safe,” said Senator Scott.

    “We must protect sensitive military and government sites from foreign adversaries pursuing intelligence activities on our own land,” said Senator Crapo. “Idaho has multiple military installations and the acclaimed Idaho National laboratory conducting vital research, development and training of critical national security efforts right here in our back yard, and increasing accountability about land sales around these sites is of utmost importance.”

    “We must address the growing threat from the Chinese Communist Party and other hostile regimes trying to get close to our most sensitive military and intelligence sites,” said Senator Tillis. “The Protect Our Bases Act ensures the Committee on Foreign Investment in the United States has the most up-to-date information on key U.S. national security locations so dangerous land purchases can be blocked well before they become security risks.”

    “Ensuring the safety and security of our military and government installations is a national priority,” said Senator Hagerty. “For too long, foreign adversaries have tried to exploit America’s open real estate market and rule of law in an attempt to gain strategic footholds. The Protect Our Bases Act gives our nation the tools to identify who is buying land near sensitive sites and stop transactions that could put the security of Americans at risk.”

    “As threats from our foreign adversaries, including the Chinese Communist Party, Iran, and Russia, continue to escalate, it’s paramount that we secure our intelligence,” said Senator Britt. “Allowing CFIUS to review foreign land purchases near sensitive military and government sites is just common sense. Proud to join this legislation that takes a crucial step toward strengthening our national security and safeguarding our strategic advantages.”

    “There’s no reason why America’s adversaries should be able to buy land next to our military bases,” said Senator Ricketts. “Farmland adjacent to sensitive sites should remain in the hands of American farmers and ranchers, not Communist China. This commonsense bill will help to protect our troops, prevent espionage, and counter our adversaries.”

    “It’s become all too apparent in recent years that our nation faces a threat from land purchases by foreign adversaries. Allowing the Chinese Communist Party to purchase land near our military bases and government sites poses a severe risk to our national security,” said Senator Moreno. “ We need to strengthen CFIUS to review these purchases near sensitive national security installations to protect our nation’s security from being compromised by the CCP and other enemies.”

    “The security of our nation’s military operations and intelligence cannot be taken lightly,” said Senator McCormick. “Conducting rigorous oversight of foreign real estate transactions near our bases is essential to upholding our national security. This legislation is a much-needed step toward combatting China’s malign influence.”

    BACKGROUND:

    In 2022, Fufeng Group, a Chinese company with ties to the Chinese Communist Party, announced it would purchase land near Grand Forks Air Force Base in North Dakota. The Committee on Foreign Investment in the United States (CFIUS) determined that it could not evaluate the transaction for national security risks because the Department of Defense had not listed the base as a sensitive site for national security purposes. Although the City of Grand Forks ultimately blocked the transaction, the incident demonstrated a significant flaw in the review process of foreign land purchases. CFIUS relies on its member agencies to provide updated information on sensitive military, intelligence, and national laboratory sites in order to properly assess the security risk of foreign investment in our country. If CFIUS member agencies do not appropriately update their site lists, CFIUS cannot ensure an accurate review.

    In addition to requiring agencies represented on CFIUS to provide updated records of the military, intelligence, and national laboratory facilities that should be sensitive sites on an annual basis, the Protect Our Bases Act makes these records easier for CFIUS to use for national security reviews and requires CFIUS to submit an annual report to Congress certifying the completion of such reviews and the accuracy of its real estate listings.

    For bill text, click here.

    MIL OSI USA News –

  • MIL-OSI Russia: Russia is becoming a notable partner of China in the economy – Russian President V. Putin

    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

    St. Petersburg, June 19 /Xinhua/ — Russia is becoming a significant economic partner of China, Russian President Vladimir Putin said in response to a question from Xinhua News Agency Director General Fu Hua during a meeting with heads of international news agencies on the sidelines of the 28th St. Petersburg International Economic Forum, which is being held in St. Petersburg from June 18 to 21.

    “Russia is becoming a very visible partner for the People’s Republic of China in the economic sphere,” he noted.

    According to V. Putin, the volume of bilateral trade turnover of 240 billion US dollars is decent. In addition, Russia and China have planned investment projects worth 200 billion dollars. “And they are all realistic, they will all be implemented, I have no doubts,” he said.

    At the same time, the Russian President emphasized that the expansion of Russia’s economic cooperation with China is not connected with “some kind of turn” toward Asia. According to him, this is a natural direction of cooperation, and relations with China were not built yesterday. “This is not a matter of opportunism. All this is happening to a large extent, I must say frankly, due to the growth in the volume and quality of the Chinese economy, and, I hope, the growth in the volume and quality of the Russian economy,” the Russian leader added.

    Speaking about the priorities of bilateral cooperation, V. Putin named the financial sphere. “We need to ensure, of course, reliable financial flows that ensure growing volumes of trade turnover,” he said.

    The Russian President also spoke about the need to focus more on high-tech areas: the construction of heavy helicopters, space, and aircraft manufacturing. He praised China’s achievements in information technology. “I was surprised and pleased when the Chinese achieved simply demonstratively outstanding results in the development of artificial intelligence. It turned out to be 10 times cheaper than our competitors, and 10 times more effective – this is the result that our Chinese friends have achieved,” he noted.

    As V. Putin emphasized, military-technical cooperation is developing between Russia and China, which, according to him, is extremely important in order to “guarantee stability in world affairs.” “We have a whole plan for cooperation in this area, and the Ministry of Defense has its own plans for interaction. We regularly conduct exercises and will conduct them this year,” the president said.

    The Russian leader also declared his readiness to exchange military technologies with China. “We know about the wishes of our Chinese friends. This is not just about buying and selling, but about exchanging technologies. We are ready for this and will work in all directions,” he concluded. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Russia is ready to continue negotiations on settlement in Ukraine – Russian President V. Putin

    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

    St. Petersburg, June 19 (Xinhua) — Russia wants the conflict in Ukraine to end as soon as possible and is ready to continue settlement talks that began in Istanbul in 2022, Russian President Vladimir Putin said during a meeting with heads of international news agencies on the sidelines of the 28th St. Petersburg International Economic Forum, which is being held in St. Petersburg from June 18 to 21.

    “In 2022, it seems strange, but we agreed on everything with them. Do you understand? The draft agreement was prepared. It touched on denazification issues, and territorial issues. We found formulations that generally suited both us and Ukraine. No, then those who want to increase defense spending now came: in Europe and overseas. They said – no need. We need to defeat Russia on the battlefield. Everything we agreed on was thrown in the trash. And that’s it. And we began to achieve this wonderful goal,” V. Putin said.

    “And now the situation is: no, you know, let’s negotiate. Let’s do it. But let’s open these packages and negotiate. But we can’t sit there day and night for a whole year. Therefore, we are ready to continue these negotiations,” the Russian president noted.

    According to him, it is necessary not only to end the Ukrainian conflict in its current form, but to find a solution for the long-term historical perspective.

    “We need to find a solution that would not only put an end to today’s conflict, but would create conditions for the non-recurrence of such situations over a long historical period,” the Russian leader emphasized. –0–

    MIL OSI Russia News –

  • MIL-OSI USA: Chairman Wicker Leads SASC Hearing on the FY26 Defense Budget with Senior Pentagon Leadership

    US Senate News:

    Source: United States Senator for Mississippi Roger Wicker

    Watch Video Here

    WASHINGTON – U.S. Senator Roger Wicker, R-Miss., Chairman of the Senate Armed Services Committee, today led a hearing to receive testimony from the Pentagon’s senior leaders on the department’s fiscal year 2026 budget.

     

    In his opening remarks, Chairman Wicker praised President Trump’s “peace through strength” leadership and Secretary Hegseth’s achievements in implementing that agenda at the Pentagon. The chairman also noted that maintaining the national defense budget at $893 billion, even with an additive $150 billion from defense reconciliation, would result in United States military spending falling far below 3 percent of GDP by 2029.

     

    Read Chairman Wicker’s hearing opening statement as delivered.

     

    The committee convenes this morning to hear testimony concerning the president’s fiscal year 2026 budget request. I welcome Secretary Hegseth, Chairman Caine, and Acting Comptroller MacDonnell.

     

    As we review the past five months, the president and the Department of Defense have much to be proud of. The administration has largely succeeded in refocusing the Pentagon on warfighting.  Our recruitment numbers have dramatically improved.  That is a very important achievement and one we will continue to celebrate.

     

    The U.S. military has played a significant supporting role in the president’s wholesale success at our southern border.  He has achieved operational control over the situation – a position the vast majority of Americans support.

     

    In Operation Rough Rider, the president imposed costs on the Houthis.  The operation was well executed by our service members, and it appears to have achieved its stated objectives for now.  Similarly, the president has relentlessly struck al-Qaeda and ISIS terrorists.  Those strikes have helped to open up space for diplomatic breakthroughs in Syria, and they have prevented significant external attacks that could have emanated from Somalia.

     

    Unfortunately, the Axis of Aggressors is resilient.  It is hell-bent on challenging American global leadership.

     

    It is clearer than ever that Vladimir Putin is uninterested in President Trump’s and President Zelenskyy’s offers for real peace negotiations.  The Europeans are heeding the president’s call to re-arm, but we are in a tenuous period: A precipitate withdrawal of U.S. forces from Europe could undo all that progress.

     

    In Asia, the Chinese Communist Party continues its campaign of aggression against its neighbors and still displays open ambitions to retake Taiwan.  Secretary Hegseth recently made this crucial point in an important speech in Shangri-La. He said, “China seeks to become a hegemonic power in Asia.”  He is right.  China intends to use military force to achieve Xi Jinping’s goals.

     

    Meanwhile, in the Middle East, the Ayatollah is hiding as his regime crumbles.  He still refusing to negotiate.

     

    In short, this is the most dangerous national security moment since World War II.  Unconstrained, aggressive dictators are on the move.  And, importantly, the character of warfare is rapidly changing.  That is a dangerous combination. We cannot have an American-led Golden Age of peace and prosperity if we fail to navigate these historic security challenges.

     

    President Trump is actively working to protect American interests against four main adversaries: Xi Jinping and his Chinese Communist Party, Vladimir Putin’s militarized Russia, Kim Jong Un’s North Korea, and the Ayatollah’s religious fanatics, including his web of terrorists. Our commander-in-chief deserves a military capable of maintaining deterrence and applying force when necessary to protect U.S. interests – as he has done in Yemen.  I regret to say that this fiscal year 2026 budget request will not deliver that military.

     

    When Secretary Hegseth testified before this committee in his confirmation hearing, he made the correct point that spending less than 3 percent of GDP on defense would be, and I quote, “very dangerous.” What we have in front of us is an inadequate budget request with precious little detail and no follow-on data about fiscal years 2027, 2028, or 2029. We must assume – and, in fact, we have heard – that OMB intends to maintain defense spending at $893 billion across the four years of this administration.  Even with a one-time $150 billion reconciliation infusion, this would leave us at 2.65 percent of GDP by 2029 – below the 3% of GDP, and well below the 5% of GDP that we really really need. Clearly, such a budget plan would allow the military balance to continue – as it has been, to tilt away from the United States and toward Communist China. Communist China has increased its budget by over 7% each year for the past decade.

     

    I know the secretary fought for a stronger fiscal year 2026 discretionary request, but we need to acknowledge that a flat fiscal year 2026 budget is what OMB delivered.  I expect we will spend today reviewing the numerous significant holes in this request – gaps that will make it much more difficult for President Trump to equip our service members and for his advisors to develop credible military options.

     

    Across the budget, we see significant holes: shipbuilding, tactical fighters, basic maintenance money, and more – all insufficient.  The budget seems to be written as if there are many items in the reconciliation package that simply are not in that bill.  This is confusing, because the text of the reconciliation bill has been public for quite some time. Chairman Rogers, of the House, and I worked closely with the executive branch on the contents of the package.  This budget threatens to undermine the good work we have done together on that bill, and it leads me to question whether some officials in the administration plan to ignore congressional intent.

     

    I believe ignoring congressional intent would be a wrong-headed decision for the United States of America. We all work for the American people and share largely identical goals when it comes to deterring Xi Jinping, Vladimir Putin, and other threats.  We need to work much more closely together on investment strategies and actions necessary to rebuild our industrial base.  The president and the Congress want action on reindustrialization.  We want to rebuild the Arsenal of Democracy.  We need action on industrial base integration, streamlined weapons sales, and cooperation with our allies and partners.  We agree on fundamentally changing the way the DOD budgets and handles acquisition.  Now, we need to agree on providing the men and women of the Department of Defense with the resources they need to do their jobs. We have no time to waste, and we must commit to continued collaboration now.

    MIL OSI USA News –

  • MIL-OSI Russia: BENIN: IMF Executive Board Completes Sixth Reviews of Extended Fund and Extended Credit Facilities, and Third Review of the Resilience and Sustainability Facility

    Source: IMF – News in Russian

    June 18, 2025

    • The IMF Executive Board today completed the Sixth Reviews of Benin’s Extended Fund Facility (EFF) and the Extended Credit Facility (ECF) and the Third Review under the Resilience and Sustainability Facility (RSF). The decision allows for an immediate disbursement of about US$ 90 million.
    • Benin’s successful fiscal reforms supported the convergence to the West African Economic and Monetary Union (WAEMU) fiscal deficit norm of 3 percent of GDP one year ahead of schedule, with sustained domestic revenue mobilization and prioritized social spending. The 2025 budget is designed to sustain this achievement.
    • A key challenge ahead for Benin is to preserve the reform momentum and strengthen policies that foster inclusive growth and an economic transformation that benefits all Beninese.

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) has completed the Sixth Reviews under the 42-month blended Extended Fund Facility (EFF) and the Extended Credit Facility (ECF) arrangements, and the Third Review under the Resilience and Sustainability Facility (RSF) arrangement. The EFF/ECF was approved by the IMF Executive Board in July 2022 (see PR 22/252) and complemented by the RSF in December 2023 (see PR 23/452).

    The completion of the reviews allows for the immediate disbursement of about US$ 36 million (SDR 26.2 million) under the EFF/ECF—bringing total disbursements under the program to about US$ 623 million (SDR 457.6 million)—and of about US$ 54 million (SDR 39.616 million) under the RSF arrangement.

    Economic activity in Benin accelerated over the past five years, and markedly in 2024. Growth reached 7.5 percent year-over-year—its highest level yet— and it is expected to remain strong in the medium term. The current account of the balance of payments deteriorated temporarily, due to large professional services imports related to the Glo-Djigbé Industrial Zone (GDIZ). It is expected to recover gradually, as exports from the special economic zones increase and the services deficit continues to moderate over time. 

    Program performance under the EFF/ECF has been strong, with all end-December 2024 quantitative targets met and structural benchmarks completed. On the RSF front, the authorities adopted new regulations for water resources monitoring, construction, and renewable energy. They also revised electricity tariff regulations to improve the financial sustainability of electricity production and distribution companies. Benin’s partners have pledged financial support for the country’s climate agenda following COP29 and the 2024 climate finance roundtable. Accordingly, the authorities are working on a climate-related taxonomy that is aimed at further catalyzing climate finance.

    Following the Executive Board discussion on Benin, Mr. Okamura, Deputy Managing Director, and acting chair, issued the following statement:

    “Benin’s performance under its Fund-supported arrangements has been strong. Its strong institutional foundation and the authorities’ economic reform drive and sound macroeconomic management have yielded tangible dividends, with high and more stable growth, favorable access to international markets, and continued support from development partners. The authorities should nonetheless remain vigilant to regional and global risks, maintain fiscal discipline and reform momentum, and strengthen inclusive policies.

    “Frontloaded fiscal consolidation in 2024 supported Benin’s convergence to the West African Economic and Monetary Union (WAEMU) fiscal deficit norm of 3 percent of GDP, one year in advance. The 2025 budget continues to target compliance with the deficit norm, while the fiscal adjustment remains anchored in the Medium-Term Revenue Strategy. In that context, maintaining the tax collection efforts coupled with prudent spending will preserve fiscal discipline. Rebalancing the debt portfolio toward domestic debt over time while remaining cognizant of refinancing risks, in line with the authorities’ Medium-Term Debt Strategy, and together with continued proactive debt management, will help mitigate external rollover risks.

    “The authorities should continue laying the foundation for inclusive private sector-led growth to entrench the ongoing economic transformation. Fiscal transparency and good governance are key to maintaining market confidence. Further efforts are needed to support the development of SMEs. Regularly updating the social registry and developing a comprehensive mapping of social protection programs will improve the efficiency and targeting of social assistance initiatives toward vulnerable households across the country.

    “Continued vigilance by supervisory authorities vis-à-vis public and non-public financial sector risks will help safeguard financial stability and limit contingent liability risks.

    “The authorities have revised regulations for water resources monitoring, construction, electricity tariffs, and renewable energy in line with their climate agenda. The authorities should accelerate the reforms aimed at enhancing resilience to climate change and continue to advance their agenda under the Resilience and Sustainability Facility (RSF), to promote long-term balance of payments stability and catalyze private-led climate finance.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Kwabena Akuamoah-Boateng

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

    https://www.imf.org/en/News/Articles/2025/06/18/pr-25207-benin-imf-executive-board-completes-6th-reviews-of-eff-and-ecf-and-3rd-review-of-the-rsf

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI New Zealand: New Russia sanctions target enablers of war, including Russia’s ‘shadow fleet’

    Source: New Zealand Government

    Foreign Minister Winston Peters has announced new sanctions on crucial enablers of Russia’s illegal war against Ukraine.

    This latest round of sanctions targets actors involved in Russia’s military-industrial complex, supporters from North Korea, Iran, and Belarus, as well as vessels that are part of Russia’s ‘shadow fleet’.

    “New Zealand must continue to hold Russia and its enablers accountable. Military support from actors in North Korea, Iran, and Belarus has helped Russia sustain its illegal war of aggression against Ukraine,” Mr Peters said.

    These new sanctions target a further 18 individuals and entities who have been assisting Russia’s war efforts.

    In addition, 27 ‘shadow fleet’ vessels have also been designated. Russia’s ‘shadow fleet’ enablers are involved in illegal activities to avoid sanctions, including through the transport of Russian oil at above the G7 Plus oil price cap, which New Zealand adopted last year.

    “The designation of Russia’s ‘shadow fleet’ reflects a joint effort with likeminded international partners to prevent sanctions evasion and to maintain the pressure on Russia in support of a just and lasting peace for Ukraine,” Mr Peters says.

    Since the Russia Sanctions Act entered into force in March 2022, New Zealand has imposed sanctions on more than 1,800 individuals, entities, and shipping vessels, along with a range of trade measures. 

    More information about sanctions, travel bans, and export controls against Russia, as well as diplomatic, military and economic support to Ukraine, can be found on the Ministry of Foreign Affairs and Trade website here

    MIL OSI New Zealand News –

  • MIL-OSI USA: Demanding Meaningful Stablecoin Guardrails, Reed Votes Against So-Called “GENIUS Act”

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    WASHINGTON, DC — Citing a lack of consumer and taxpayer protections and serious crypto corruption and national security concerns, U.S. Senator Jack Reed (D-RI) voted against the so-called GENIUS Act (S.1582), which passed the U.S. Senate on a vote of 68-30.

    The controversial bill places a government stamp of approval on “stablecoins,” which are crypto dollars that could be minted by big retailers, big tech companies, foreign companies, and even President Trump’s family. In a similar way that banks allow customers to send and receive money, stablecoins claim to do the same in a faster and cheaper way.

    Exposing taxpayers, consumers, and the financial system to high levels of risk, the GENIUS Act says that stablecoin companies would not need to comply with dozens of the same consumer protection laws that apply to similar firms and that help prevent scams and fraud.

    This legislation repeats some of the same mistakes that led to the 2008 financial crisis, fostered by the mistaken belief that stablecoin issuers are simple and safe companies that are unlikely to get into trouble and do not need significant regulation to protect customer funds.

    Rather than provide meaningful protections for consumers, the legislation weakens existing state laws on cryptocurrency to make it possible for stablecoin companies to operate with near-zero capital, meaning that companies could be unable to weather a financial crisis.  This leaves U.S. taxpayers exposed to bailouts if crypto markets crash.

    Furthermore, the bill makes it possible for stablecoin companies to avoid getting an independent audit and makes it virtually impossible for the government to revoke a stablecoin company’s charter, even if the company engages in fraudulent activity. And if a stablecoin company goes bankrupt, consumers must get in line to get their money back and hope that they will make a full recovery.

    The bill coincides with the launch of the Trump family’s own stablecoin venture called “USD1,” which has already been used by a foreign government to funnel at least $2 billion to the President.  The bill actually includes an express provision greenlighting the ability to name a stablecoin “USD,” as President Trump has done.

    Another beneficiary of this bill is Tether, the world’s largest stablecoin that is based in El Salvador and is used by North Korea, Russian arms dealers, ransomware attackers, the Iranian military, drug cartels, and many other criminal organizations.  Russia, Iran, and North Korea will continue to have venues to use dollar alternatives to bypass U.S. sanctions.

    The GENIUS Act allows Tether to operate freely in the United States with minimal oversight and without providing sufficient tools for the government to stop its abuse for weapons proliferation, war, human trafficking, scams, and other illegal activity.

    Senator Reed says that Congress should be fostering innovation while protecting consumers and national security, however unless these issues are fixed, the GENIUS Act would not balance these two important goals.

    “The so-called GENIUS Act is deeply flawed and doesn’t do enough to protect consumers, national security, and U.S. taxpayers.  Instead of strengthening consumer protections and building clear guardrails that prevent America’s adversaries from using stablecoins to their advantage, this bill greenlights President Trump using his office to line his own pockets while looking the other way at North Korea’s crypto abuses,” said Senator Reed.  “As the popularity of stablecoins continues to grow, we need to provide real guardrails and authorities for regulators.  Nevertheless, Senate Republicans have prioritized the wants of President Trump over the needs of American consumers.”

    Senator Reed has taken to the Senate floor twice recently to outline his concerns with the GENIUS Act, including in a speech Monday night. In remarks on the Senate floor last Thursday, Senator Reed called on Republicans to work across the aisle to better serve American consumers and strengthen crypto guardrails.

    The full transcript of those remarks follows:

    Mr. President, I rise today to discuss S. 1582, the so-called GENIUS Act.

    Several weeks ago, when the Majority Leader said we would have votes on amendments, I took him seriously and was one of the first to file. 

    We could have been voting on my amendments and those of my colleagues at any time in the last few weeks, but that hasn’t happened.  That is regrettable, because the GENIUS Act, as it is currently drafted, is fundamentally flawed. 

    The GENIUS Act exposes taxpayers, consumers, and the financial system to unacceptable risk.  And it creates venues for criminals, terrorists, and rogue governments to finance their illicit activities.  

    Among other things, this bill places the U.S. government’s stamp of approval on Tether—the world’s largest stablecoin, which is based in El Salvador and favored by North Korea, Russian arms dealers, ransomware attackers, the Iranian military, the drug cartels, and so many other criminal organizations. 

    It takes already weak state laws, makes them weaker, and applies them nationwide…making it possible for stablecoin companies to operate with near-zero capital and unable to weather a financial crisis.  It’s possible for stablecoin companies to avoid getting an audit.  It’s impossible for the government to revoke a stablecoin company’s charter—even if it turns out to be a Ponzi scheme or if an executive dips into customer funds.

    The GENIUS Act buys into the belief that the billionaires running the industry know what they’re doing and that the marriage of complex financial products and complex technology simply can’t fail.  The one thing the billionaires know how to do is protect their interests. 

    Not surprisingly this bill leaves open the door to bailouts, which we have seen time and time again for other lightly regulated nonbanks that got into trouble, like Fannie Mae and Freddie Mac, AIG, and Bear Stearns. 

    When there is a run on a stablecoin…and there will be a run one day…the industry will run to the American taxpayer for a bailout, and the GENIUS Act paves the way for that to happen with no limits on the Federal Reserve’s authority to prop up the industry.

    Finally, this bill perpetuates Donald Trump’s naked corruption.  It actually greenlights the name of Trump’s stablecoin—USD1—and allows Trump’s hand-picked regulators to write the rules of the road governing his most recent business venture. 

    Mr. President, we need to provide real guardrails for financial regulators to protect consumers, real tools for national security agencies to address this new technology, and real authority for the government to intervene before a crisis gets out of hand. 

    Real guardrails and real tools . . .  not words on a page that give only the “aura” of regulation and protection with no teeth. 

    My amendments and those offered by colleagues on the both sides of the aisle would help provide these tools and authorities.  However, it appears that we won’t have the opportunity to consider a single one of them and fix this bill.

    I urge my colleagues to oppose this highly flawed bill.

    MIL OSI USA News –

  • MIL-OSI Russia: A solution to the Iran-Israel conflict can be found – Russian President V. Putin

    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

    St. Petersburg, June 19 /Xinhua/ — The Iranian-Israeli conflict can be resolved in a way that ensures both Iran’s interests in the peaceful nuclear sector and Israel’s interests in terms of its security, Russian President Vladimir Putin said in St. Petersburg during a meeting with heads of leading global news agencies.

    “It would be right for everyone to look for ways to end the hostilities and find ways for all parties to this conflict to reach an agreement with each other in order to ensure both the interests of Iran on the one hand in its nuclear activities – including peaceful nuclear activities, of course, I mean both peaceful nuclear energy and peaceful nuclear energy in other areas – and to ensure the interests of Israel, from the point of view of the unconditional security of the Jewish state,” noted V. Putin.

    As the Russian leader emphasized, this is a very delicate issue, the solution of which must be very careful. “In general, such a solution can be found,” he added. But the decision, according to him, is up to Iran and Israel. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Interest in Chinese language in Russia is growing due to expansion of contacts with China — Russian President V. Putin

    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

    St. Petersburg, June 19 /Xinhua/ — Interest in the Chinese language is growing in Russia, which is connected with the expansion of contacts and the growth of economic activity in Russian-Chinese relations. This was stated by Russian President Vladimir Putin, answering a question from the Director General of the Chinese news agency Xinhua Fu Hua during a meeting with heads of international news agencies on the sidelines of the 28th St. Petersburg International Economic Forum, which is being held in St. Petersburg from June 18 to 21.

    “I can say that interest in the Chinese language is growing in Russia. There is nothing surprising here, and there is nothing that would distinguish Russian-Chinese relations in this case from any other relations of our country with other countries in the event of an expansion of the volume of contacts and economic activity,” the Russian leader noted.

    As V. Putin said, contacts between Russia and China are growing in all areas. In particular, student exchanges continue. “We have 51 thousand Chinese students studying in Russia, and approximately 25 thousand Russian young people studying in China,” he said, adding that direct contacts have been established between Russian and Chinese universities.

    The Russian President also noted contacts in the cultural and humanitarian fields, which are facilitated by the regular holding of thematic cross-years of Russia and China.

    “And if my memory serves me right, we started these thematic years with the Year of the Chinese Language in Russia and the Year of the Russian Language in China. It is no coincidence. I think we did it very correctly, since it stimulated the interest of both nations in each other,” he emphasized.

    V. Putin explained that when he previously spoke about his close relatives studying Chinese, he was talking about his granddaughter, who speaks Chinese fluently with her teacher from Beijing.

    “But my daughter, back in the early 2000s, before all these significant and well-known events, she began to study Chinese on her own initiative. Simply because she wanted to. She hired a teacher and studied,” the Russian president added. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: China once again calls on G7 to stop interfering in its internal affairs – 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 18 (Xinhua) — China once again calls on the Group of Seven (G7) to recognize the global development trend, abandon the Cold War mentality and ideological prejudices, stop interfering in China’s internal affairs, stop provoking conflicts and confrontation, and do more for the interests of the international community, Chinese Foreign Ministry spokesman Guo Jiakun said at a regular briefing on Wednesday.

    Canadian Prime Minister Mark Carney said in a G7 summit chairman’s summary released on June 17 local time that participants stressed the need for constructive and stable relations with China, calling on China to avoid “market distortions” and “overcapacity,” and expressed serious concern about China’s “destabilizing activities” in the East China Sea and South China Sea and the importance of maintaining peace and stability in the Taiwan Strait.

    Commenting on the above document, Guo Jiakun noted that the G7 summit participants once again resorted to manipulating issues related to China. According to him, the G7 countries made irresponsible statements on Taiwan, the South China Sea and the East China Sea, and falsely accused China of “excess production capacity” and “market distortions.”

    “This is interference in China’s internal affairs and a violation of the basic norms of international relations. The Chinese side firmly opposes this and has made stern representations to the relevant parties,” Guo Jiakun said.

    The main factor undermining peace and stability in the Taiwan Strait today is the activities of separatists advocating “Taiwan independence” and the interference of external forces, the official representative noted. According to him, if the G7 countries truly care about peace in the Taiwan Strait, they should strictly adhere to the one-China principle, clearly oppose “Taiwan independence,” and support China’s reunification.

    Guo Jiakun pointed out that the situation in the East China Sea and the South China Sea is generally stable at present. He called on the G7 to respect the joint efforts of regional countries to resolve issues through dialogue and consultation, maintain peace and stability, and stop using maritime issues to sow discord among regional countries and increase tensions in the region.

    The Chinese diplomat said the allegations of “market distortions” and “excess production capacity” were completely untrue. As Guo Jiakun emphasized, the G7 countries resort to such claims to justify their trade protectionism, and in fact, to contain and suppress China’s industrial progress, politicize and weaponize trade and economic issues. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Chinese Foreign Minister Discusses Israeli-Iranian Conflict with Omani FM

    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 18 (Xinhua) — Chinese Foreign Minister Wang Yi on Wednesday said Israel’s attack on Iran was a violation of international law and norms of international relations, an encroachment on the sovereignty and security of the Iranian state, and an undermining of peace and stability in the region.

    Wang Yi, also a member of the Politburo of the CPC Central Committee, made the statement in a telephone conversation with Omani Foreign Minister Badr bin Hamad bin Hamoud al-Busaidi, which was initiated by the Omani side. The Chinese diplomat noted that China has always advocated peaceful resolution of any disputes.

    Wang Yi stressed that the top priority at present is to achieve a ceasefire and end the conflict. He pointed out that China supports the joint statement on the Israel-Iran conflict issued by 21 Arab and Islamic countries including Oman, and hopes that they will unite and continue their efforts to promote peace talks.

    China will also maintain communication and coordination with Oman and other regional countries and play a constructive role within platforms such as the UN to help end the conflict and restore peace in the Middle East, the Chinese Foreign Minister said. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Two Iranian centrifuge production facilities attacked – IAEA

    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

    VIENNA, June 18 (Xinhua) — Two centrifuge production facilities in Iran, the TESA complex in Karaj and the Tehran Nuclear Research Center, were hit, the International Atomic Energy Agency (IAEA) said on Wednesday.

    As stated in the agency’s publication on the X social network, both facilities had previously been monitored and inspected by the IAEA in accordance with the Joint Comprehensive Plan of Action.

    It is noted that one building was damaged in the center in Tehran, while two buildings were destroyed in Karaj.

    On June 13, the IAEA called for an end to attacks on nuclear facilities. “Nuclear facilities should never be attacked, regardless of the context and circumstances,” IAEA Director General Rafael Grossi said at a meeting of the organization’s board of governors.

    “Such attacks have serious implications for nuclear safety, security and safeguards, as well as for peace and security in the region and around the world,” the IAEA chief emphasized. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: US Federal Reserve keeps interest rates unchanged

    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 18 (Xinhua) — The U.S. Federal Reserve on Wednesday left its target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, as robust economic growth bolsters the Fed’s wait-and-see approach.

    The Fed decided not to change its base rate for the fourth time in a row.

    “While fluctuations in net exports weigh on the data, recent data suggest that economic activity continues to expand at a strong pace,” the Fed said in a statement.

    According to the regulator’s assessment, the US maintains a low unemployment rate, stability in the labor market, and slightly elevated inflation.

    “Uncertainty about the economic outlook has diminished but remains high,” the statement said. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Review: BRICS Cooperation Space Constantly Expands – SPIEF 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

    St. Petersburg, June 18 (Xinhua) — The cooperation space between the BRICS countries is constantly expanding, especially after the expansion of the association began in 2024. This was stated on Wednesday by participants of the St. Petersburg International Economic Forum (SPIEF) at the session “BRICS and Partners: Creating a Joint Business Future.”

    Director of the Beijing-Moscow International Trade and Economic Center Ma Shuang noted that China has a long-term strategy for building relations with the BRICS countries. Among the areas that have the greatest potential for joint investment and opening up new markets, she named information technology and the Internet.

    Vice President of the India-South Africa Chamber of Commerce Lebohan Zulu stressed that the main barrier to increasing cooperation among BRICS countries is the legacy of the unipolar world system, which is expressed in the dominance of one currency in the world market, and the insufficient development of international transport and logistics networks. In her opinion, work in these areas, as well as the development of e-commerce platforms, can open up a huge number of prospects and opportunities for BRICS members and partners.

    According to Anna Nesterova, Chairperson of the Board of Directors of Global Rus Trade and Chairperson of the Russian Part of the BRICS Women’s Business Alliance, the expansion of the association has demonstrated broad interest in it among countries around the world. She believes that education and the involvement of more and more women in entrepreneurial activity are relevant areas for the development of cooperation in BRICS. –0–

    MIL OSI Russia News –

  • MIL-OSI USA: Secretary of Defense Hegseth Testifies Before Senate Committee on Base Defense, Importance of Air Superiority in Conflicts

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)
    ***Click here to download video. Click here for audio.***
    WASHINGTON, D.C. – The Senate Armed Services Committee (SASC) held a hearing today to review the U.S. Department of Defense’s (DOD) budget request for Fiscal Year 2026. During the hearing, members received testimony from Secretary of Defense Pete Hegseth; Chairman of the Joint Chiefs of Staff General Dan Caine; and Bryn Woollacott MacDonnell, who is performing the duties of the Under Secretary of Defense (Comptroller) and Chief Financial Officer.
    U.S. Senator Kevin Cramer, Chairman of the SASC Airland Subcommittee, asked the witnesses about the importance of protecting U.S. military bases from attacks and the strategic role air superiority plays in modern conflicts.
    [embedded content]
    Cramer noted the Obama administration’s nuclear deal with Iran licensed its nuclear aspirations, creating a serious problem still affecting our nation.
    Regarding the ongoing conflict between Israel and Iran, Cramer asked Gen. Caine about the importance of air superiority over Iran and in future fights.
    “Well, sir, we could spend hours talking about the advocacy of air power,” said Gen. Caine. “I think the freedom of maneuver that it creates is a great example of that. If you look at the two theaters right now, with the Israeli Air Force striking at will at this point, over Iran, juxtaposed with the challenges that we’re having with a frozen forward line of troops in Europe, is a great case study of it. You know, the great thinkers, air power thinkers, are looking at the advancement in technologies from both theaters, the advancement of first person view drones and things like that. I think folks are going to have to think clearly about what does the future of air superiority look like, and how does it evolve to make sure that we’re protecting those essential teammates that are on the ground fighting in order to prevent frozen FLOTs, forward lines of troops, in the future.”
    Cramer said there have been two recent examples of covert operations where drones act deep within enemy territory to destroy critical capabilities which were previously considered safe from harm.  
    Ukraine recently conducted a surprise drone attack called “Operation Spider’s Web” against Russia, targeting airfields in multiple regions across the country. The Center for Strategic and International Studies reported this attack showcased Ukraine’s “tactical ingenuity” and “illuminated the broader technological and strategic shifts reshaping modern warfare.” 
    “We’ve seen some pretty spectacular displays of the ability to go […] covertly, deep within the enemy’s territory, and take out some pretty significant assets, both in Russia and in Iran,” said Cramer. “A lot of us fear we’re vulnerable, as well. You spoke very briefly, a reference, I think, in response to one of Senator Gillibrand’s questions about the importance of policy. So, when we talk about the United States itself and our bases here in the country, policy is a bigger challenge than weapons, to be honest. But what about responsibility?”
    Cramer questioned Hegseth about ways DOD is ensuring American military bases are protected from attacks. He also asked which services are responsible for a base’s air defense and for leading the effort on capabilities to counter this kind of attack.
    “Senator, you’re right to ask the question,” said Hegseth. “We met on this very topic two days ago, because you’re right, we’ve already made initial efforts, but I liken it to the effort that was made around IEDs [improvised explosive devices] in Iraq and Afghanistan, where it couldn’t be a service only response. It needed to be across the joint force. It needed to be immediate, and the capabilities had to be prepared to adapt in real time to adjustments the enemy was making, and you saw that in […] counter-IED technology. We need the same type of effort in counter-UAS, not just forward deployed, because right now you do it with what you have, but also at home, considering the authority. So, that is something the Department is doing in real time.” 
    Earlier today, Cramer introduced the Protect Our Bases Act with Senate Banking Committee Chairman Tim Scott (R-SC), which would strengthen national security by ensuring the Committee on Foreign Investment in the United States (CFIUS) can effectively review foreign land purchases near sensitive military, intelligence, and national laboratory sites. 

    MIL OSI USA News –

  • MIL-OSI Russia: Chinese authorities have issued an emergency response to floods in five provincial-level regions.

    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 18 (Xinhua) — China’s National Flood and Drought Control Headquarters on Wednesday issued a Level 4 flood emergency response in Anhui, Hubei, Hunan, Guizhou and Chongqing provinces as they braced for another round of heavy rains.

    According to the headquarters, three working groups were sent to key areas to provide assistance in flood control and rescue operations.

    Separately, China’s National Meteorological Center on Wednesday extended a yellow alert for heavy rainfall expected in parts of the country.

    According to forecasts, from 20:00 on June 18 to 20:00 on June 19, heavy rain and downpours are expected in some places in the provinces of Guizhou, Sichuan, Hubei, Hunan, Henan, Hebei, Shandong, Liaoning, Guangxi Zhuang Autonomous Region and the municipalities of Chongqing and Tianjin. In some areas, 100 to 180 millimeters of precipitation may fall.

    Local authorities are advised to step up screening and take risk mitigation measures in key areas, including areas at risk from flash floods and geological hazards, as well as low-lying urban and rural areas at risk of flooding. It is recommended to issue weather warnings in a timely manner and organize evacuations if necessary.

    China has a four-tier flood emergency response system, with Level 1 being the highest. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: B2B platform KIFA and RDIF agree to develop digital trade between China and Russia

    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

    St. Petersburg, June 18 (Xinhua) — KIFA, a B2B digital trade platform operating in the Eurasian Economic Union (EAEU) and China, and the Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, have agreed to partner to jointly develop digital trade between China and Russia and further expand trade between the two countries.

    The corresponding agreement was signed on Wednesday on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

    “In the new reality, high technology is becoming one of the key factors for success, and KIFA is proud of its contribution to the modernization of trade and economic relations between China and Russia. Trusting strategic cooperation with RDIF, in turn, will play one of the key roles in this process. Together we will be able to implement ambitious projects aimed at strengthening economic ties between our countries,” said Sun Tianshu, founder of the KIFA B2B platform and Chairman of the Board of Directors of KIFA PJSC.

    “China is the leader in terms of trade turnover with Russia, and a stable system of mutual trade has been built between our countries, including in the field of e-commerce. RDIF is focused on supporting the entry of Russian and Chinese companies into the markets of the two countries, in this regard, the partnership with KIFA is an important stage in the development of digital cross-border trade. Providing entrepreneurs of the two countries with broad opportunities for simple and effective interaction in a digital environment with a transparent process at all stages and gaining access to new large markets will make a significant contribution to the further increase in bilateral trade volumes,” said RDIF CEO Kirill Dmitriev.

    As noted, the development of digital trade between China and Russia and its modernization thanks to advanced tools and the use of artificial intelligence make it possible to achieve more transparent, efficient and convenient processes for each entrepreneur. The expansion of the range of goods and the reduction of costs, in turn, stimulate the growth of trade turnover between China and Russia, which is one of the strategic objectives of bilateral relations.

    KIFA is a leading innovation platform that modernizes cross-border trade through the application of digital technology and artificial intelligence, and creates a new digital trading world between China and Russia. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Exclusive: “Chinese-Central Asian spirit” reflects the essence of relations between China and Central Asian countries – former Kyrgyz Foreign Minister A. Dzhekshenkulov

    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

    BISHKEK, June 18 (Xinhua) — The concept of “China-Central Asian spirit” proposed by the Chinese side at the 2nd China-Central Asia Summit held in Astana, Kazakhstan on Tuesday reflects the essence of relations between China and Central Asian countries, former Kyrgyz Foreign Minister Alikbek Jekshenkulov told Xinhua.

    “The China-Central Asian spirit” is characterized by mutual respect, mutual trust, mutual benefit, mutual assistance and the promotion of joint modernization through high-quality development. “It serves as a spiritual foundation for the development of relations between China and Central Asian countries, pointing the way for regional cooperation,” A. Jekshenkulov noted.

    According to the expert, “mutual respect and mutual trust” reflect equality of sovereignty, respect for each country’s choice of development path, “mutual benefit and mutual assistance” indicate the spirit of cooperation, and “joint modernization” implies a common pursuit of prosperity and regional development through initiatives such as the Belt and Road.

    “This spirit will become a powerful engine for future cooperation between China and Central Asian countries, helping to form a closer community of shared destiny,” A. Dzhekshenkulov emphasized.

    As for the Global Development Initiative, the Global Security Initiative, the Global Civilization Initiative and the concept of a community with a shared future for mankind put forward by China, the former head of the Kyrgyz Foreign Ministry said that they demonstrate China’s firm commitment to peace and development.

    “The Global Development Initiative aims to bridge the development gap and promote inclusive globalization. The Global Security Initiative proposes a Chinese solution to overcome the security deficit, prioritizing dialogue over confrontation. The Global Civilization Initiative protects the diversity of civilizations and opposes the mentality of “clash of civilizations,” the Xinhua source said.

    These initiatives, as A. Dzhekshenkulov believes, actively contribute to the reform of the global governance system, ensuring the “stable anchor” for a multipolar world and universal benefit, which is fully in line with the general expectations of the international community.

    Speaking about the Treaty on Eternal Good-Neighborliness, Friendship and Cooperation between China and the Central Asian Countries signed during the summit, A. Dzhekshenkulov stated that it has historical significance.

    “This treaty not only lays the cornerstone of relations between China and Central Asian countries in the new era, but also demonstrates the powerful vitality of the concept of a community with a shared future for mankind. In the future, it will continuously stimulate the region to become an important platform for peaceful development, mutually beneficial cooperation and harmonious coexistence of civilizations,” the expert concluded. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: IMF Executive Board Concludes 2025 Article IV Consultation with Mauritius

    Source: IMF – News in Russian

    June 18, 2025

    • The Mauritian economy continues to exhibit resilience with growth at 4.7 percent in 2024 and contained inflation. The growth outlook remains favorable, though risks are to the downside.
    • Mauritius needs to recalibrate the macroeconomic policy mix to rebuild fiscal space. The monetary policy framework needs to be strengthened while continued monitoring of macro-financial risks is essential to maintain financial stability.
    • Advancing key reforms to foster external competitiveness and private sector-led growth while enhancing climate resilience will reduce external imbalances.

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Mauritius.[1]

    Mauritius’ economy remains resilient. Real GDP grew by 4.7 percent in 2024, from 5.0 percent in 2023, driven by services, construction, and tourism. Headline inflation (12-month average) declined to
    2.5 percent in March 2025 from 7.0 percent in 2023, helped by easing international food and energy prices and lower fuel excise duties. The external current account deficit widened in 2024 to
    6.5 percent of GDP, mostly reflecting higher imports and freight costs. Gross foreign reserves increased to US$8.5 billion by end-2024, covering almost 12 months of imports. Looking ahead, the country needs to address fiscal and structural challenges, notably the high public debt, significant public investment needs, low productivity, and an ageing society.

    The outlook for growth is favorable. Real GDP growth is projected to soften to 3.0 percent in 2025 due to weakening external demand, easing tourism activity, and the drought. Over the medium term, growth is expected at around 3.4 percent, reflecting demographic headwinds and labor shortages. Inflation is projected to average 3.6 percent in 2025 and remain within BOM’s target range over the medium term. The external current account deficit is projected to reduce to 4.7 percent of GDP in 2025—reflecting lower oil prices, as exports grow modestly amid the slowdown in global demand—and to increase in 2026 due to subdued exports, but gradually decline thereafter. The primary fiscal deficit (excluding grants) for FY24/25 is projected to worsen by 3.4 ppt of GDP relative to FY23/24, to 6.5 percent of GDP, mostly driven by higher compensation of employees, social benefits, and grants and transfers. The stock of public sector debt is projected at around 88 percent of GDP at end-June 2025, and to gradually decline in the medium term.

    Risks to the outlook are on the downside, including from global uncertainty, tariff wars, higher-than-anticipated fuel and food prices, and extreme climate shocks.

     

    Executive Board Assessment[2]

    The economy has recovered solidly from the pandemic and the outlook is favorable, but fiscal and structural challenges remain. The recovery has been driven by services, construction, and tourism. The medium-term outlook is favorable but held back by demographic headwinds and labor shortages. Mauritius is facing fiscal and structural challenges from high public debt, significant public investment needs for climate, low productivity, and an ageing society. Risks to the outlook are on the downside including from high global uncertainty, highlighting the importance of addressing fiscal and external imbalances to increase the resilience of the economy.

    Fiscal policy should pursue frontloaded growth-friendly consolidation to shore up fiscal credibility, helping rebuild fiscal space while protecting the most vulnerable. Tax revenue should be increased and current and ESFs’ spending contained while safeguarding critical social spending and growth-enhancing capital spending. Pension system reform remains key to support fiscal sustainability, especially given the ageing of Mauritius’ population. Strengthening public financial management, including by streamlining ESFs, will support fiscal consolidation, transparency, and good governance.

    BOM should start to gradually phase out its ownership of MIC and strengthen the implementation of the monetary policy framework by resuming uncapped issuance of 7-Day BOM bills (at the key policy rate). BOM should stand ready to tighten the monetary policy stance should inflationary pressures reemerge. BOM should adopt amendments to the BOM Act, including to ensure fiscal backing, to protect central bank independence. Ministry of Finance and BOM are encouraged to strengthen the commitment on their mutual agreement for BOM independence. Mauritius should continue to rely on exchange rate flexibility and FX purchases when opportunities arise, and in line with the monetary policy framework, to help further build foreign reserves buffers to ensure ability to respond to large external shocks. 

    Mauritius’ external position at end-2024 is assessed as weaker than the level implied by fundamentals and desirable policies, and structural reforms to foster external competitiveness are needed to reduce external imbalances. Steady progress in strengthening the AML/CFT framework is welcome and should be sustained, including provisions related to non-resident and cross-border activity. Financial sector risks should continue to be closely monitored including of the real estate sector. Ongoing efforts to improve external sector statistics, including measurement of the GBCs sector, should be sustained. Statistical gaps and discrepancies should be addressed to improve the quality and credibility of macroeconomic statistics.

    Mauritius should advance structural reforms that boost investment and innovation to secure longer-term private sector-led growth. Priorities include strengthening workers’ skills through better education and narrowing gender gaps as well as advancing climate adaptation efforts to support economic resilience.

     

    Mauritius: Selected Economic Indicators
     
     

    2020

    2021

    2022

    2023

    2024

    2025

    2026

    2027

    2028

    2029

    2030

    		  
           

    Est.

    Proj.

    Proj.

    Proj.

    Proj.

    Proj.

    Proj.

    		  
     
                               
     

    (Annual percent change, unless otherwise indicated)

    		    

    National income, prices and employment

    		                          

    Real GDP

    		  

    -14.5

    3.4

    8.7

    5.0

    4.7

    3.0

    3.4

    3.4

    3.4

    3.4

    3.4

    		  

    Real GDP per capita

    		  

    -14.6

    3.6

    8.9

    5.1

    4.9

    3.2

    3.6

    3.6

    3.6

    3.7

    3.8

    		  

    GDP per capita (in U.S. dollars)

    		  

    9,011

    9,087

    10,235

    11,188

    11,883

    12,448

    13,287

    14,183

    15,128

    16,131

    17,190

    		  

    GDP deflator

    		  

    2.6

    3.2

    9.6

    6.6

    3.8

    3.8

    3.7

    3.7

    3.6

    3.6

    3.6

    		  

    Consumer prices inflation (period average)

    		  

    2.5

    4.0

    10.8

    7.0

    3.6

    3.6

    3.6

    3.5

    3.5

    3.5

    3.5

    		  

    Consumer prices inflation (end of period)

    		  

    2.7

    6.8

    12.2

    3.9

    2.9

    3.9

    3.5

    3.5

    3.5

    3.5

    3.5

    		  

    Unemployment rate (percent)

    		  

    9.2

    9.1

    6.8

    6.1

    5.8

    5.9

    5.9

    5.9

    5.9

    5.9

    5.9

    		  
                               
       

    (Annual percent change)

    		    

    External sector

    		                          

    Exports of goods and services, f.o.b.

    		  

    -23.8

    5.2

    45.7

    4.0

    3.0

    1.7

    2.3

    7.1

    6.2

    6.5

    7.4

    		  

    Of which: tourism receipts

    		  

    -73.8

    -23.8

    313.1

    29.7

    6.0

    -4.6

    5.3

    7.7

    8.6

    8.1

    7.7

    		  

    Imports of goods and services, f.o.b.

    		  

    -29.1

    16.0

    32.9

    -0.3

    6.4

    0.7

    4.7

    5.3

    4.9

    4.3

    5.3

    		  

    Nominal effective exchange rate (annual average)

    		  

    -8.0

    -8.0

    3.6

    0.5

    -1.4

    …

    …

    …

    …

    …

    …

    		  

    Real effective exchange rate (annual average)

    		  

    -7.6

    -7.5

    6.2

    1.7

    -0.6

    …

    …

    …

    …

    …

    …

    		  

    Terms of trade

    		  

    5.1

    -12.0

    -5.1

    8.3

    0.0

    2.3

    2.0

    0.7

    0.5

    0.5

    0.4

    		  
                               
             

    Money and credit

    		                          

    Net foreign assets

    		  

    16.4

    18.6

    -3.6

    -0.3

    18.3

    1.5

    2.7

    2.5

    2.1

    2.2

    3.0

    		  

    Domestic credit

    		  

    7.9

    15.6

    13.1

    9.7

    13.7

    7.2

    6.5

    6.3

    6.1

    6.0

    5.9

    		  

    Net claims on government

    		  

    8.8

    34.8

    24.6

    26.1

    31.3

    13.2

    7.7

    6.0

    5.3

    4.5

    3.7

    		  

    Credit to non-government sector

    		  

    2.7

    0.4

    -0.6

    8.0

    8.3

    6.0

    6.9

    7.2

    7.1

    7.1

    7.1

    		  

    Broad money

    		  

    17.7

    8.6

    4.1

    7.8

    12.9

    6.4

    7.6

    8.5

    8.4

    8.4

    7.9

    		  

    Income velocity of broad money (M2)

    		  

    0.8

    0.8

    0.9

    0.9

    0.9

    0.9

    0.9

    0.9

    0.9

    0.9

    0.9

    		  
                               
       

    (Percent of GDP, unless otherwise indicated)

    		    

    Central government finances 1

    		                          

    Overall borrowing requirement 2

    		  

    -22.1

    -5.5

    -4.7

    -6.1

    -10.4

    -5.4

    -3.7

    -3.4

    -2.9

    -2.4

    -2.0

    		  

    Primary balance (excluding grants) 

    		  

    -16.5

    -4.9

    -2.7

    -3.1

    -6.5

    -3.0

    -1.3

    -0.3

    0.1

    0.4

    0.5

    		  

    Revenues (incl. grants)

    		  

    21.6

    24.2

    24.5

    24.0

    25.7

    27.0

    27.3

    27.5

    27.5

    27.5

    27.4

    		  

    Expenditure, excl. net lending

    		  

    40.4

    31.1

    29.4

    29.7

    35.2

    32.3

    31.2

    30.3

    29.9

    29.4

    28.9

    		  

    Domestic debt of central government

    		  

    67.5

    61.9

    57.3

    58.7

    64.4

    65.8

    65.7

    65.3

    64.5

    64.0

    63.7

    		  

    External debt of central government

    		  

    15.8

    14.0

    13.8

    12.7

    14.8

    14.9

    14.8

    14.7

    14.6

    14.3

    13.9

    		  
                               

    Investment and saving 4

    		                          

    Gross domestic investment

    		  

    18.2

    19.8

    19.8

    20.2

    21.0

    22.0

    22.4

    22.5

    22.5

    22.5

    22.5

    		  

    Public

    		  

    4.1

    4.1

    3.9

    3.9

    3.8

    4.1

    4.2

    4.3

    4.3

    4.3

    4.3

    		  

    Private 3

    		  

    14.1

    15.7

    15.8

    16.3

    17.2

    17.9

    18.2

    18.2

    18.2

    18.2

    18.2

    		  

    Gross national savings

    		  

    11.6

    12.6

    17.1

    22.4

    23.4

    23.8

    25.0

    26.1

    26.5

    26.2

    26.4

    		  

    Public

    		  

    -7.9

    -5.6

    -2.0

    -2.4

    -4.5

    -4.0

    -1.7

    -0.7

    -0.1

    0.4

    0.8

    		  

    Private

    		  

    19.5

    18.2

    19.2

    24.8

    28.0

    27.8

    26.7

    26.8

    26.6

    25.9

    25.6

    		  

    External sector

    		                          

    Balance of goods and services

    		  

    -10.7

    -16.1

    -14.8

    -11.7

    -13.2

    -12.3

    -13.0

    -12.2

    -11.6

    -10.5

    -9.6

    		  

    Exports of goods and services, f.o.b.

    		  

    35.1

    36.7

    47.6

    45.3

    43.9

    42.7

    41.0

    41.2

    41.1

    41.2

    41.7

    		  

    Imports of goods and services, f.o.b.

    		  

    -45.8

    -52.7

    -62.4

    -56.9

    -57.2

    -55.0

    -54.0

    -53.4

    -52.7

    -51.7

    -51.2

    		  

    Current account balance

    		  

    -8.9

    -13.1

    -11.1

    -5.1

    -6.5

    -4.7

    -6.1

    -5.0

    -4.3

    -3.7

    -3.0

    		  

    Capital and financial account

    		  

    3.3

    23.3

    13.4

    -0.9

    14.5

    6.1

    9.1

    6.7

    5.9

    5.2

    4.6

    		  

    Overall balance

    		  

    -4.4

    10.2

    2.8

    -5.5

    7.3

    1.4

    2.9

    1.8

    1.6

    1.5

    1.6

    		  

    Total external debt

    		  

    110.7

    134.0

    132.2

    131.6

    139.2

    128.9

    119.3

    110.8

    102.2

    94.1

    87.1

    		  

    Gross international reserves (millions of U.S. dollars)

    		  

    7,242

    7,805

    7,740

    7,254

    8,510

    8,675

    9,163

    9,475

    9,781

    10,083

    10,420

    		  

    Months of imports of goods and services, f.o.b.

    		  

    14.3

    11.6

    11.6

    10.2

    11.8

    11.6

    11.6

    11.4

    11.3

    11.2

    11.1

    		  
                               

    Memorandum items:

    		                          

    GDP at current market prices (billions of Mauritian rupees)

    		  

    448.9

    478.8

    570.3

    638.3

    694.0

    742.3

    796.0

    853.3

    914.0

    979.0

    1,048.7

    		  

    GDP at current market prices (millions of U.S. dollars)

    		  

    11,408

    11,484

    12,908

    14,101

    14,953

    15,641

    16,662

    17,748

    18,890

    20,082

    21,326

    		  

    Public sector debt, fiscal year (percent of GDP)4

    		  

    91.9

    86.1

    81.8

    81.5

    88.3

    89.1

    88.1

    86.9

    85.3

    83.9

    82.7

    		  
                               

    Foreign and local currency long-term debt rating (Moody’s)

    		  

    Baa1

    Baa2

    Baa3

    Baa3

    Baa3

    Baa3

    …

    …

    …

    …

    …

    		  
                             

    Sources:  Country authorities; and IMF staff estimates and projections.

    		                          

    1GFSM 2001 concept of net lending/net borrowing, includes special and other extrabudgetary funds. Fiscal data reported for fiscal years (e.g, 2019=2019/20).

    		      

    2 Following the GFSM 2014, Sections 5.111.5.116, the transfers from the BOM to the

    Central Government are considered as financing.

    		            

    3  Excludes changes in inventories in 2022 and outer years.

    		                                                                                              

    4 The public debt series has been reclassified starting in the 2024 AIV Mission to allow

    consolidation of central government securities held by non-financial
    public corporations

    		                                                                    
                                                                                                                 

     

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

    [2] The Executive Board takes decisions under its lapse-of-time procedure when the Board agrees that a proposal can be considered without convening formal discussions.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Kwabena Akuamoah-Boateng

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

    https://www.imf.org/en/News/Articles/2025/06/18/pr-25204-mauritius-imf-concludes-2025-article-iv-consultation

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI USA: ICYMI: From the Paris Air Show, Shaheen Pens Wall Street Journal Op-Ed Warning Trump’s Trade Policy Threatens Our National Defense and Global Alliances

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen

    (Washington, DC) – After co-leading a bipartisan Congressional delegation to the Paris Air Show, U.S. Senator Jeanne Shaheen (D-NH) wrote an opinion piece in the Wall Street Journal warning that President Trump’s trade policy threatens American national defense and global alliances. In her piece, Shaheen argues that the president’s tariff policy threatens our relationships around the globe, exacerbates existing supply chain disruptions and threatens American defense readiness. You can read her op-ed here.

    In part, Shaheen writes: “While Beijing closely watches the war in Ukraine, it has also escalated confrontations in the South China Sea and conducted aggressive military exercises over the Taiwan Strait. In the face of these rising threats, our ability to produce and deliver weapons at scale—coordinated with our allies—is more critical than ever.”

    Shaheen concludes: “The Trump administration’s trade policies have weakened the alliances we rely on. Congress should reassert our leadership by re-examining its moves and exercising congressional oversight. If we’re going to be ready for the challenges ahead, we must treat American trade policy as a core pillar of American national security.”

    The op-ed is available here and in full below:

    Trump’s Tariffs Weaken America’s Military

    Eighty years ago, the U.S. Army Air Forces staged an exhibition beneath the Eiffel Tower. Thousands of Parisians gathered to admire the B-17 Flying Fortress—an American-built aircraft that helped liberate Europe from Nazi occupation. Primitive by today’s standards, those bombers were the product of a national industrial base operating at full capacity. They were deployed by a trans-Atlantic alliance that shared logistics, intelligence and purpose. That model of coordination is what we need now—but it’s being tested by a trade agenda that favors confrontation over cooperation.

    As I co-lead the congressional delegation to this week’s Paris Air Show, the world’s largest defense aerospace expo, I find myself asking: Is the greatest obstacle to America’s security not China or Russia but our own trade policy?

    The U.S. defense industry’s capacity to meet the demand for arms was already stretched thin by the Covid pandemic and conflicts in Gaza and Ukraine. The Trump administration further disrupted supply chains and increased production costs through more than 50 tariff announcements and a patchwork of shifting duties. The imposition of these tariffs has pressured allies to respond in kind. This cycle worsens supply-chain disruptions, driving up costs and causing delays in defense production.

    President Trump imposed 50% tariffs on steel and aluminum earlier this month. Regardless of any exemptions the administration offers, building a modern America-class amphibious assault ship requires 45,000 tons of steel. The net effect of this trade policy will be higher costs across the board, from military aircraft and lightweight armor plating to submarine repairs and shipbuilding.

    Tariffs will also affect small, specialized components like those used in jet engines, night vision systems, and landing gear. When I recently met with a New Hampshire company that makes ball bearings for the aerospace industry, executives told me tariffs have driven up their costs and extended their production time—concerns industry leaders echoed in Paris.

    These delays and rising costs don’t only slow American readiness; they erode our allies’ trust in the U.S. as a dependable partner. The strain is already evident. Although the F-35 fighter jet is “the pinnacle of aerial combat technology,” in Vice President JD Vance’s words, several North Atlantic Treaty Organization allies have signaled they may reconsider participation in the F-35 Joint Strike Fighter program.

    Demand for American-made weapons remains strong, especially from front-line nations like Poland. It is racing to acquire Himars rocket launchers and Abrams tanks. But even as the Trump administration pressures allies to spend more on defense, its trade policies and combative rhetoric are sowing doubt about the reliability of parts, maintenance and pricing. That’s prompting U.S. partners to reassess their long-term defense commitments. President Emmanuel Macron underscored this shift when he said, “My goal is to persuade EU countries that rely on U.S. weapons to choose European alternatives.”

    European leaders have legitimate cause for concern, and their increased defense spending reflects it. Vladimir Putin has reoriented Russia’s economy around the war in Ukraine, churning out more than 1,400 Iskander ballistic missiles a year and at one point signing up 1,000 new recruits a day. His effort is backed by North Korea, Iran and, most significantly, China.

    While Beijing closely watches the war in Ukraine, it has also escalated confrontations in the South China Sea and conducted aggressive military exercises over the Taiwan Strait. In the face of these rising threats, our ability to produce and deliver weapons at scale—coordinated with allies—is more critical than ever.

    The administration argues that reliance on foreign imports undermines American defense readiness and that tariffs will protect U.S. industries. But the defense industrial base has evolved over generations, and restructuring it would take decades—time we simply don’t have.

    Russia, China and Iran may feel distant to many Americans. But for those of us with family who served in World War II—or who confront national-security challenges daily in government service—the risks are clear and they are growing.

    As the B-17 displayed in Paris that summer of 1945 symbolized a robust industrial base united with steadfast allies, today’s defense readiness depends on a similarly coordinated approach—one that can’t thrive amid tariffs that alienate our closest partners.

    We need a smarter, more unified strategy. Tariffs on our closest allies aren’t only damaging our economy, they’re undermining our shared defense readiness. At a minimum, the administration should provide answers on how these tariffs are affecting our defense supply chains. I’ve asked Defense Secretary Pete Hegseth for this information but received no response.

    The Trump administration’s trade policies have weakened the alliances we rely on. Congress should reassert our leadership by re-examining its moves and exercising congressional oversight. If we’re going to be ready for the challenges ahead, we must treat American trade policy as a core pillar of American national security.

    Last week, Shaheen pressed U.S. Secretary of Defense Pete Hegseth on the impacts of the administration’s tariffs on steel and aluminum on the defense industrial base, supply chain lead times and our overall military readiness. The exchange followed a letter sent to Hegseth in April where Shaheen raised concerns about how the President’s trade war harms defense supply chains and ultimately weakens America’s military readiness. The Senator expressed how tariffs on imports will increase prices for the Department of Defense’s defense acquisitions – harming its purchasing power and further raising costs on small businesses.

    MIL OSI USA News –

  • MIL-OSI Russia: IMF Executive Board Concludes 2025 Article IV Consultation with the Republic of Uzbekistan

    Source: IMF – News in Russian

    June 18, 2025

    • Uzbekistan’s economic performance has remained strong, with robust growth, narrowing consolidated fiscal and current account deficits, and ample international reserves.
    • Despite elevated external uncertainty, growth is projected to stay robust amid ongoing reforms and strong remittances, while inflation is expected to moderate under tight macroeconomic and macroprudential policies.
    • The priorities ahead are to cement macro-financial stability and continue with the economic reform agenda to reduce the state’s footprint while fostering private sector-led and inclusive growth.

    Washington, DC: On June 16, 2025, the Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for the Republic of Uzbekistan.[1] The authorities have consented to the publication of the Staff Report prepared for this consultation.[2]

    Uzbekistan’s economic performance has remained strong. Real GDP growth stood at 6.5 percent in 2024, underpinned by robust domestic demand, and remained buoyant at 6.8 percent year-on-year in the first quarter of 2025. Inflation had trended downward through end-April 2024 but rose to 10.6 percent year-on-year in May 2024 that saw the implementation of needed energy price reform. By end-April 2025, it has only marginally eased to 10.1 percent. The current account deficit narrowed by 2.6 percentage points of GDP to about 5.0 percent in 2024, driven by strong remittances, rapidly growing non-gold exports, favorable commodity prices, and the unwinding of a one-off spike in imports in 2023. International reserves have remained ample. The consolidated fiscal deficit narrowed by 1.7 percentage points of GDP to 3.2 percent of GDP in 2024, largely on the back of growth-friendly expenditure measures, although borrowing and spending from the broader public sector were higher than anticipated.  

    The outlook remains broadly positive. Despite heightened global trade policy uncertainty, real GDP growth is projected to remain robust under the baseline, at close to 6 percent this year and next, supported by sustained strength in private consumption, investment, and advancement of structural reforms. The latter, continued tight monetary and macroprudential policies, and solidified fiscal discipline are expected to reduce inflation to the Central Bank of Uzbekistan’s (CBU) 5 percent target by end-2027. The external current account deficit is foreseen to stay at or slightly below 5 percent over 2025-26 while international reserves are expected to remain adequate, at 9.2 months of imports by end-2026.

    Downside risks to the outlook include prolonged and deeper trade policy shocks, more volatile commodity prices, tighter external financing, and contingent liabilities from state-owned enterprises and banks, and public-private partnerships. On the upside, opportunities stem from faster implementation of structural reforms, stronger inflows of income and capital, and favorable commodity prices.

    Executive Board Assessment[3]

    Executive Directors agreed with the thrust of the staff appraisal. They welcomed Uzbekistan’s positive economic outlook amid continued progress in the transition to a market-oriented economy. Directors noted, however, that significant vulnerabilities persist, including from the still large state footprint in the economy and rising external uncertainty. Against this background, they emphasized the importance of sustaining the momentum in structural and institutional reforms, supported by Fund technical assistance, to entrench macroeconomic stability and maintain robust and resilient growth.

    Directors commended the authorities for the significant fiscal consolidation achieved. They broadly called for reversing the decline in the tax-to-GDP ratio and improving expenditure efficiency to create fiscal space for priority social and development needs. Directors stressed the importance of adhering to external borrowing limits and avoiding government spending procyclicality in response to high gold prices to support inflation reduction. They also advised improving monitoring and management of fiscal risks from SOEs and public-private partnerships and further strengthening PFM and fiscal transparency.

    Directors welcomed the commitment of the Central Bank of Uzbekistan (CBU) to reduce inflation. They agreed that monetary policy should remain data driven and be tightened further if core inflation or inflation expectations do not decline. Directors encouraged the CBU to continue strengthening communication and monetary policy transmission. They also recommended adopting greater exchange rate flexibility and implementing outstanding safeguards recommendations to strengthen central bank governance and independence. 

    Directors called for enhancing bank supervision and regulation to safeguard financial stability, while reducing the state’s role in the financial sector. In this regard, they recommended bolstering the commercial orientation of state banks and their corporate governance, phasing out directed and preferential lending, and expediting and expanding privatization efforts. Directors also advised the authorities to strengthen asset classification, NPL reporting and resolution, and the regulatory, supervisory, crisis management, and AML/CFT frameworks following the recommendations of the country’s first Financial Sector Assessment Program. Additional macroprudential measures could help mitigate risks from rapid growth in microcredit. 

    Directors encouraged deepening and accelerating structural reforms. While welcoming the progress with WTO accession and energy sector reform, they emphasized that it will be essential to complete price and trade liberalization, phase out support to SOEs, and accelerate privatizations while carrying them out in line with international best practices. Directors called on the authorities to make further progress in governance reforms, including improvements in transparency and accountability and the approval of the National Anti-Corruption Strategy. Closing data gaps and improving data quality remain priorities. 

    It is expected that the next Article IV consultation with Uzbekistan will be held on the standard 12-month cycle.

    Uzbekistan: Selected Economic Indicators 2022-2026

    2022

    2023

    2024

    2025

    2026

    Est.

    Proj.

    Proj.

    National income 1/

    Real GDP growth (percent change)

    6.0

    6.3

    6.5

    5.9

    5.8

    Nominal GDP (in trillions of Sum)

    996

    1,204

    1,455

    1,733

    2,005

    GDP per capita (in U.S. dollars)

    2,555

    2,849

    3,113

    3,487

    3,805

    Population (in millions)

    35.3

    36.0

    36.9

    37.7

    38.5

    Prices

    (Percent change)

    Consumer price inflation (end of period) 2/

    12.3

    8.7

    9.8

    8.4

    6.5

    GDP deflator

    14.5

    13.8

    13.3

    12.5

    9.4

    External sector

    (Percent of GDP)

    Current account balance

    -3.2

    -7.6

    -5.0

    -5.0

    -4.8

    External debt

    49.2

    54.5

    56.2

    55.4

    55.2

                     (Level)

    Exchange rate (in sums per U.S. dollar; end of period)

    11,225

    12,339

    12,920

    …

    …

    Real effective exchange rate

    		        

    (ave, 2015 =100, decline = depreciation)

    61.8

    58.8

    55.4

    …

    …

    Government finance

    (Percent of GDP)

    Consolidated budget revenues

    28.8

    26.7

    26.5

    26.3

    26.4

    Consolidated budget expenditures

    32.3

    31.6

    29.7

    29.3

    29.4

    Consolidated budget balance

    -3.5

    -4.9

    -3.2

    -3.0

    -3.0

    Adjusted revenues 3/

    27.7

    25.9

    25.5

    25.3

    25.5

    Adjusted expenditures 3/

    31.3

    29.9

    27.8

    27.3

    27.8

    Adjusted fiscal balance

    -3.7

    -4.0

    -2.3

    -2.0

    -2.3

    Policy-based lending

    -0.1

    0.9

    0.9

    1.0

    0.7

    Overall fiscal balance 3/

    -3.5

    -4.9

    -3.2

    -3.0

    -3.0

    Public debt

    30.5

    32.2

    32.6

    33.3

    33.2

    Money and credit

    (Percent Change)

    Reserve money

    31.4

    4.9

    9.5

    9.2

    8.8

    Broad money

    30.2

    12.2

    30.6

    19.4

    16.3

    Credit to the economy

    21.4

    23.2

    4.0

    19.3

    16.0

    Sources: Country authorities; and IMF staff estimates.

    1/ Incorporates latest revision to national accounts data, which raised the average nominal GDP for 2017-2023 by about 11 percent. 

    2/ The CPI projection incorporates the effect of the announced increases in energy prices in 2024 and 2025.

    3/ IMF staff adjusts budget revenues and expenditures for financing operations, such as equity injections, policy lending, and privatization of state enterprises. The overall fiscal balance until 2021 is more negative than the consolidated budget balance as the latter excluded privatization receipts. Since 2022, there is no difference as the authorities started including all privatization receipts as financing.

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

    [2] Under the IMF’s Articles of Agreement, publication of documents that pertain to member countries is voluntary and requires the member consent. The staff report will be shortly published on the www.imf.org/Uzbekistan page.

    [3] At the conclusion of the discussion, the Managing Director, as Chair of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Wafa Amr

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

    https://www.imf.org/en/News/Articles/2025/06/18/pr-25206-uzbekistan-imf-executive-board-concludes-2025-article-iv-consultation

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Russia: Vice Premier of the State Council of China calls for promoting high-quality development of foreign trade

    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

    QINGDAO, June 18 (Xinhua) — Chinese Vice Premier He Lifeng has called for stepping up efforts to stabilize foreign trade, strengthening support and improving services for foreign trade enterprises, and giving full play to their competitive advantages to ensure high-quality development of China’s foreign trade.

    He Lifeng, also a member of the Political Bureau of the CPC Central Committee, made the remarks during an inspection tour of east China’s Shandong Province from Tuesday to Wednesday.

    The Vice Premier pointed out that amid the complicated international environment this year, Chinese industrial exporters have overcome serious challenges and demonstrated outstanding resilience. By offering high-quality products at competitive prices, they not only support domestic economic development, but also further strengthen the stability of the world economy, he said.

    Exporters should give full play to their advantages by focusing on key areas, He Lifeng said, calling on them to take root in international markets and continuously upgrade products, technologies and business models.

    The Vice Premier of the State Council also called on industrial exporters to organically combine the expansion of foreign trade with the satisfaction of domestic demand.

    He Lifeng called on local authorities to promptly resolve practical issues of concern to foreign trade enterprises, strengthen their support and improve services to promote high-quality development of foreign trade. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Xi Jinping’s participation in the 2nd China-Central Asia Summit helped strengthen friendly ties and chart a course for development – Chinese 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 18 (Xinhua) — Chinese President Xi Jinping attended the 2nd China-Central Asia Summit in Astana, Kazakhstan, where he and the heads of five Central Asian states discussed traditional friendship and worked out a plan for further development, Chinese Foreign Minister Wang Yi said on Wednesday.

    Wang Yi, also a member of the Politburo of the CPC Central Committee, made the statement during a briefing for journalists following Xi Jinping’s visit.

    The Chinese diplomat noted that in Astana, Xi Jinping and the leaders of Central Asian countries discussed cooperation plans and achieved more than 100 cooperation results.

    According to the head of the Chinese Foreign Ministry, the most notable highlight of this summit was Xi Jinping’s introduction of the concept of “China-Central Asian spirit”, which is expressed in four aspects: mutual respect and equal treatment; deep mutual trust and mutual support; mutual benefit and joint development; mutual assistance and joint overcoming of difficulties.

    Central Asian leaders unanimously agreed to adhere to this spirit, Wang Yi said.

    The head of the Chinese Foreign Ministry stated that China and the five Central Asian countries are developing countries that always follow the path of modernization together.

    The most prominent theme of the summit, Wang Yi continued, was the joint announcement by the heads of the six states of 2025 and 2026 as the Years of High-Quality Development of China-Central Asian Cooperation.

    The two sides will focus cooperation on six priority areas: unimpeded trade, industrial investment, connectivity, green resources, agricultural modernization and facilitating people-to-people exchanges, to achieve new tangible results, the Chinese diplomat said.

    Wang Yi said that Xi Jinping attended the signing of the action plan for high-quality cooperation under the Belt and Road Initiative together with the heads of five Central Asian states. This was the first time that China signed a single document on cooperation under the Belt and Road Initiative with all countries in a neighboring region.

    The head of the Chinese Foreign Ministry recalled that China is the most important trade and investment partner of the Central Asian countries. All parties agreed that there are no winners in tariff and trade wars, and unilateralism and protectionism have no prospects.

    Responding to Central Asia’s urgent need to boost and enhance its capacity for independent development, Xi Jinping announced the establishment of three cooperation centers within the framework of China-Central Asia cooperation – on poverty alleviation, on educational exchanges, and on desertification prevention and control, and promised to provide 3,000 educational places for Central Asian countries in the next two years.

    The most important innovative initiative of this summit, as Wang Yi stated, was the signing by the heads of six states of the Treaty of Eternal Good-Neighborliness, Friendship and Cooperation, which enshrines the principle of eternal friendship in legal form and indicates that political mutual trust between China and the Central Asian countries has reached a new height.

    During the summit, China and Central Asian countries also achieved a number of new cooperation results in areas such as inter-regional cooperation, people-to-people exchanges, educational exchanges and cultural tourism.

    In addition, the six heads of state attended the signing of a number of sister city agreements. Wang Yi noted that this brought the number of sister city pairs between China and the five Central Asian countries to more than 100, achieving the goal of the initiative put forward by Xi Jinping three years ago. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: Inflation continues to decline.

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    In May, the seasonally adjusted monthly price growth slowed to 4.5% on an annualized basis. Non-food items fell in price for the second month in a row. The rate of price increases for basic food products, household and medical services remained high.

    Annual inflation also continued to decline in May, but was still significantly above the target. The Bank of Russia intends to return inflation to 4.0% in 2026 and keep it close to this level thereafter.

    For more details, read the Bank of Russia’s information and analytical commentary “Dynamics of consumer prices”.

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