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Category: Russian Federation

  • MIL-OSI Russia: We are expecting a hot semi-final of the KVN League of the State University of Management

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    On May 23, 2025, the semi-final of the GUU KVN League will be held in the Assembly Hall of the State University of Management.

    Attention! Enough sadness and worries! The KVN GUU League cancels fatigue and extends the May holidays with a hot semi-final game.

    We will find out the finalists of the season very soon! The teams will show three competitions at once for the first time, so we guarantee it will be interesting and funny.

    The following teams will take part in the semi-final: “TechnoBOBR”, MPEI; “What you need”, GUU; “Minimum”, State University of Medicine, Moscow Aviation Institute; “Fildepers”, State University of Ukraine; “Office”, State University of Management; “I don’t remember”, GUU; “Arcade”, MISiS, Moscow State Pedagogical University; “Grandmothers”, RSU named after. A.N. Kosygina; “Syrbor”, State University of Medicine.

    The game will take place on May 23 at 18:30 in the Assembly Hall of the State University of Management (Ryazansky Prospekt, 99, bldg. 5).

    Guests of the State University of Management must register using a short form.

    We’re waiting for everyone on Friday evening!

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Delegation of Norilsk Nickel’s Polar Transport Branch visited Polytech

    Translation. Region: Russian Federal

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

    A delegation from Norilsk Nickel’s Polar Transport Branch visited Peter the Great St. Petersburg Polytechnic University to discuss cooperation with the Advanced Engineering School of SPbPU “Digital Engineering” and to get acquainted with the competencies of the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade of SPbPU.

    The Norilsk Nickel Polar Transport Branch (the successor to the Dudinka Sea Port) is the main regional transport hub, providing for the vital functions of the entire Taimyr Dolgano-Nenets and Norilsk industrial regions. The branch processes 95% of all incoming cargo for the Norilsk Nickel Group of Companies and consumers on the Taimyr Peninsula, and ships its finished products to ships bound for ports in Russia and around the world. The port’s cargo turnover is about four million tons.

    Vice-Rector for Digital Transformation of SPbPU, Head of the Advanced Engineering School of SPbPU “Digital Engineering” Alexey Borovkov told the guests aboutestablished interaction with the Norilsk Nickel group of companies. Deputy Director for Improvement and Development of Production Activities of the Polar Transport Branch of Norilsk Nickel Sergey Lyashenko gave a presentation of the branch, presenting the main areas of its work and infrastructure.

    Sergey Lyashenko outlined potential areas of cooperation with the Advanced Engineering School of SPbPU “Digital Engineering” based on the tasks and challenges facing the Polar Transport Branch of Norilsk Nickel in the context of the development of the Northern Sea Route by the Norilsk Nickel group of companies and the corresponding increase in port cargo turnover. Among the key tasks, he noted the use of technologies to increase labor productivity and optimize the transfer of operational data to ensure the smooth operation of equipment along the entire port line, taking into account temperature restrictions and terrain. The guest also spoke about the existing barriers to the digitalization of the branch’s activities and the experience of overcoming them.

    Sergey Vladimirovich emphasized the interest in the competencies of the SPbPU PISh in the field of mathematical and computer modeling to solve the problems of automating all processes of the activities of the Polar Transport Branch of Norilsk Nickel, taking into account different scenarios and the state of technological equipment.

    We are interested in establishing cooperation with an authoritative scientific center represented by the Advanced Engineering School of the Polytechnic University, which has experience and knowledge in the field of advanced digital and production technologies, including big data management, mathematical and computer modeling, and can ensure the formation of correct data that we can use to justify certain management decisions, analyze the effectiveness of selected approaches and measures, as well as medium-term and long-term planning, said Sergey Kolesnik, Deputy Director for Commercial Activities of Norilsk Nickel’s Polar Transport Branch.

    Then the meeting participants discussed the vision of the final result of the interaction in the context of building visual analytics for production automation and data management on the state of the branch’s technological infrastructure, and also considered the predicted economic effect of the cooperation. Speaking about lost profits and ways to reduce the economic risks of enterprises, SPbPU Vice-Rector for Digital Transformation Alexey Borovkov gave an example of the work of SPbPU PISh specialists for the Gazprom Pererabotka Blagoveshchensk company following the accident at the Amur Gas Processing Plant on January 5, 2022.

    Every day of the plant’s downtime after the accident brought multimillion-dollar losses to Gazprom. Employees of the SPbPU PISh were involved in the accident investigation, and they prepared a scientific and technical report on its causes. This work not only made a significant contribution to the development of the fuel and energy complex of Russia in terms of preventing similar emergencies at high-tech facilities in the industry, but also proved that the use of advanced digital and production technologies has a positive economic effect, reducing the risk of accidents and preventing lost profits and costs of enterprises, – noted Alexey Ivanovich.

    Deputy Director of the Engineering Center (CompMechLab®) of SPbPU Nikolay Efimov-Soini briefly spoke about the technology of digital twins — the main technology of system digital engineering developed by the PISh SPbPU. Nikolay Konstantinovich described the technology and outlined its key advantages, demonstrated within the framework of joint R&D with representatives of ten industries.

    The participants of the working meeting defined further steps for interaction taking into account competencies and current tasks. They also considered the possibilities of corporate training in production organization technologies and the basics of the Lean Manufacturing concept using the computer simulator of the same name and other products. rulers, developed by specialists of the SPbPU PISh on the CML-Bench®.EDU Digital Platform, which is gradually developing as a separate area of the Digital Platform for the Development and Application of Digital Twins CML-Bench®.

    At the end of the working visit, the guests assessed the capabilities and infrastructure of the Polytechnic Supercomputer Center, which ensures the implementation ofDigital platform for the development and application of digital twins CML-Bench® science-intensive projects of the SPbPU Technological Development Ecosystem with leading high-tech companies and corporations of our country.

    After visiting the Advanced Engineering School of SPbPU “Digital Engineering”, the delegation of the Polar Transport Branch of Norilsk Nickel got acquainted with the competencies and achievements of specialists of the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade of SPbPU and discussed possible areas of cooperation in educational and scientific activities in the field of logistics.

    Vice-Rector for Continuing and Pre-University Education at SPbPU Dmitry Tikhonov spoke about the possibility of effective cooperation in creating and implementing advanced training programs for employees of Norilsk Nickel’s Polar Transport Branch, including in a distance learning format, as well as preparing specialized classes of schoolchildren for the company.

    Director of the Higher School of Management of the Institute of Mechanical Engineering, Materials and Transport Olga Kalinina presented the experience of implementing educational projects related to logistics at the Higher School. In addition to training in the bachelor’s degree programs “International Logistics” and master’s degree program “International Logistics Systems”, Olga Vladimirovna noted the additional professional education program “Fundamentals of the Organization and Economics of Production in Metallurgy for Purchasing Management at Mechanical Engineering Enterprises”, successfully implemented jointly with the Higher School of Physics and Materials Technology of the Institute of Mechanical Engineering, Materials and Transport of St. Petersburg Polytechnic University for the Purchasing Directorate of JSC “Power Machines”, as well as the creation of educational cases for the disciplines “Transport Logistics” and “Inventory Management” based on the results of internships of teachers in the Beaton group of companies.

    Deputy Director of the Higher School of Management of the Institute of Mechanics and Technology of Economics and Technology for educational and methodological work Zoya Simakova presented the results of the work carried out in 2023 and 2024 within the framework of project “Harmonization of production needs with the provision of components and materials” by order of JSC Power Machines – the Electrosila plant, andproject “Transformation of purchasing activities of an industrial enterprise”, implemented to reduce the slow-turnover inventory of JSC Power Machines – Leningrad Metal Plant.

    Head of the research laboratory “Management of production systems and business processes” of the Higher School of Management of IPMEiT Dmitry Metkin demonstrated the team’s experience in terms of performing contractual work for industrial customers on technical and economic justification, forming investment activity programs when planning new projects, as well as developing strategies for introducing industrial products to new markets.

    After the working meeting, Sergey Lyashenko, Deputy Director for Improvement and Development of Production Activities of the Polar Transport Branch of Norilsk Nickel, held an interactive master class for students of the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade of SPbPU on the subject “Fundamentals of Logistics of Oil and Gas Enterprises”.

    In conclusion, representatives of the Higher School of Management of the Institute of Industrial Management, Economics and Trade invited the delegation of the Polar Transport Branch of Norilsk Nickel to a tour. The guests inspected the classrooms and laboratories of the Institute of Industrial Management, Economics and Trade, and assessed the capabilities of the computer classes equipped with programs for studying specialized disciplines in logistics.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: “REcathon: Rough Code”: Polytechnic students modified robots

    Translation. Region: Russian Federal

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

    The Polytechnic Tower hosted the engineering and robotics hackathon “REcathon: Draft Code”, organized by the Higher School of Automation and Robotics of the Institute of Mechanical Engineering, Materials and Transport together with the student engineering association “PoliRoboTech” and PROF.IMMiT. The general partner of the event was the company “Ingriatech”.

    Opening the hackathon, Denis Kozlikin, Deputy Director for Research at IMMiT, wished the participants good luck and thanked the organizers for holding this important and necessary event, the fourth in a row.

    This year, 10 student teams competed. The jury included associate professors of the Higher School of Architecture and Rural Affairs Svetlana Kerpeleva, Mikhail Ananyevsky, Dmitry Polyakhov, Dmitry Tretyakov and Dmitry Shabanov, as well as an invited expert from the Almaz-Antey Air Defense Concern Alexey Saibel.

    This time, the hackathon became a platform for testing a new idea that was planned to be implemented. Participants had to work not with fully finished robots, but with unfinished designs. They had to not only program, but also analyze, correct errors in mechanics and electronics, and modify the product for an unknown task. This solution brought the hackathon conditions closer to real engineering practice, where specialists often have to deal with someone else’s code and unstable technical solutions.

    Another innovation was the new platforms with two drive wheels instead of four — this increased the maneuverability of the robots, but complicated the control and required more fine-tuning of the algorithms for movement and balancing. The final task was kept secret, which forced the teams to work in conditions of uncertainty and adapt to rapidly changing requirements. Two weeks were allocated for all preparation and debugging.

    The task for the hackathon was developed by the student engineering association “PoliRoboTech”. Its leader Andrey Klinovitsky noted that it is precisely such formats that teach students flexibility, engineering thinking and the ability to combine programming with mechanics, which is especially in demand in modern technological projects.

    According to the results of the tests, the winner was the Error404: Bots Not Found team consisting of: Egor Meshkov, Sofia Sokolova, Vladimir Yulik, Amir Sharif’yanov and Elizaveta Skornyakova. The second place was taken by the Termistor team: Artem Tabunshchik, Vadim Berko, Alexander Timofeev, Alexander Travin and Mikhail Orlov. The third place went to the Skrepyshi team, which included Alina Arifullina, Aidar Ibragimov, Violetta Khomenko, Ilnaz Abitov and Kirill Sultanov. All the winners are third-year students of the Higher School of Architecture and R&D.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: China Launches Satellite Group from Sea Using CERES-1 Rocket

    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

    HAIYANG, Shandong Province, May 19 (Xinhua) — China on Monday successfully launched a commercial carrier rocket CERES-1 from a platform in waters off east China’s Shandong Province, sending a group of four satellites in the Tianqi constellation into a planned orbit.

    The launch took place at 15:38 Beijing time from the Taiyuan Satellite Launch Center from a sea platform. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Suspect in Southern California car bombing identified

    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

    LOS ANGELES, May 19 (Xinhua) — Guy Edward Bartkus, 25, is the prime suspect in a car bombing Saturday outside a fertility clinic in the southern California city of Palm Springs, authorities said Sunday.

    Authorities believe the suspect was killed in the blast and at least four others were injured.

    “The suspect had a nihilistic streak,” FBI Los Angeles Field Office Assistant Director Akil Davis said at a news conference Sunday, adding that the bombing was a “targeted attack.”

    According to him, the suspect tried to broadcast the explosions live.

    Palm Springs Police Chief Andy Mills said at a news conference Sunday that investigators were continuing to gather evidence at the explosion scene.

    E. Mills noted that “the city is safe” and “our society is not in any danger.” –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Breaking: EU significantly cuts 2025 growth forecast to 1.1%

    Translation. Region: Russian Federal

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

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

    BRUSSELS, May 19 (Xinhua) — The European Commission (EC) has significantly cut its growth forecast for the European Union to 1.1 percent in 2025 and 1.5 percent in 2026, according to its spring 2025 economic forecast released Monday, citing higher U.S. tariffs and uncertainty in global trade as reasons.

    In November last year, the EC forecast that the EU economy would grow by 1.5 percent in 2025 and by 1.8 percent in 2026. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Two killed, two injured in knife attack in South Korea

    Translation. Region: Russian Federal

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

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

    SEOUL, May 19 (Xinhua) — Two people were killed and two others injured in a knife attack in South Korea, and the suspect is on the run, Renhap News Agency reported Monday.

    The suspect fled after stabbing a woman in her 60s at a convenience store in Siheung City, 30 km southwest of Seoul, at around 9:34 a.m. local time. The woman was taken to hospital with serious stab wounds to her stomach and face.

    The unidentified body of a man in his 50s was found in the suspect’s home after police established his car number, home address and identity. The body had likely been there for several days.

    The suspect stabbed another man in his 70s at a sports park 2km from the store at around 1:21pm local time. The man was seriously wounded in the stomach and taken to hospital for treatment.

    Police found another unidentified body in a house opposite the store at around 2 p.m. local time. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: China provides 424 billion yuan in tax breaks in Q1 to support innovation, industry

    Translation. Region: Russian Federal

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

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

    BEIJING, May 19 (Xinhua) — The total amount of tax and fee cuts and tax refunds to support China’s scientific and technological innovation and manufacturing sector in the first quarter of 2025 was 424.1 billion yuan (58.97 billion U.S. dollars), the General Administration of Taxation (GATT) said Monday.

    As noted by the department, data on value added tax (VAT) invoices indicate that structural measures to reduce taxes and fees accelerate the innovative impulse in the country and contribute to the high-quality development of the manufacturing industry.

    In the first four months of this year, sales revenue in China’s high-tech industries grew by 13.9 percent year on year, while the growth in services for the commercialization of scientific and technological achievements was 33.6 percent. Key sectors of the digital economy also maintained stable growth at 9.7 percent.

    The manufacturing sector also showed strong performance, with both digital and high-tech manufacturing posting double-digit revenue growth during the reporting period.

    Tax authorities will continue to ensure prompt and targeted delivery of policy measures to enterprises based on data to promote the development of new-quality productive forces and high-quality growth of China’s manufacturing sector, the State Tax Administration emphasized. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Forewarned is forearmed: lecture on combating telephone fraud held at the State University of Management

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    On May 16, 2025, the State University of Management held a relevant, important and useful lecture on combating telephone fraud.

    The lecture was given by security experts: acting Kuzminsky interdistrict prosecutor Ruslan Utegenov and head of the department for protection against illegal encroachments of the Moscow SBER Security Department Dmitry Chernov.

    The lecture discussed: – The most common fraud schemes; – How not to become a victim of fraudsters; – What to do if someone has already tried to deceive you.

    The knowledge gained during the lecture will help students of the State University of Management to protect themselves and their loved ones from criminal activity.

    We thank the speakers for their valuable knowledge, and our partner, SBER, for organizing a useful event!

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

    MIL OSI Russia News –

  • MIL-OSI Russia: HSE MBA: Chinese experience for Russian managers

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    The visiting module of the MBA program of the Higher School of Business of the National Research University Higher School of Economics was successfully held in Shanghai. It was attended by 94 students: top managers of large Russian companies, entrepreneurs, heads of departments of state-owned companies.

    The module was organized jointly with Fudan University, one of the leading centers of business education in Asia. The university is among the best universities in China and Asia, widely recognized for its high level of teaching, quality of scientific research and international programs in the field of economics and management.

    The theoretical part of the module covered key aspects of the economy and business of modern China. The classes were taught by Fudan University lecturers – recognized experts in their fields, experienced specialists who are engaged in research projects in the areas of global and digital economy, fintech, corporate governance, blockchain technologies, big data and cybersecurity. Many of them are graduates of leading universities around the world, publish in authoritative scientific journals and actively consult businesses and government agencies. During the week, they immersed listeners in the specifics of the financial system of the PRC, discussed challenges to the country’s competitiveness in the international arena, compared approaches to the digital transformation of industry in China and in other countries.

    The practical part of the program was no less interesting and important for the audience. The organizers of the module offered a rich plan of visits to leading Chinese companies from key industries. Among them were COSCO Shipping, one of the world’s largest operators in the field of maritime logistics; NIO Inc, a developer and manufacturer of intelligent electric vehicles and autonomous driving technologies; SAIC Motor, a Chinese automobile manufacturing corporation actively working in the direction of new energy sources and autonomous transport.

    According to the manager MBA programs Vladimir Koptsev, Higher School of Business at the National Research University Higher School of Economics, international modules allow students not only to expand their professional horizons, but also to see key global economies in dynamics.

    Koptsev Vladimir Sergeevich

    Head of the MBA program at the Higher School of Business, National Research University Higher School of Economics

    Today, China is not just an important player, but one of the world’s leading economies, influencing global processes in business, finance and technology. It is fundamentally important for us that students are not limited to theory, but personally come into contact with this reality: through visits to companies, dialogue with experts and direct immersion in the country’s economic environment.

    The reaction of the participants of the visiting module themselves is indicative; they saw from the inside how the economy of one of the largest and rapidly developing countries in the world functions, and what management models are used by business leaders of the PRC.

    “Shanghai exceeded all expectations – it is a truly technologically advanced metropolis. I especially remember the lectures with Chinese professors about how the country became a global technological leader in 40 years. I was amazed by the number of electric cars – about 80% of cars on the roads, thanks to which the city of its size remains surprisingly quiet. A visit to a robotics company left a great impression. And, of course, it was nice to meet MBA students from parallel groups. I would like to separately thank the HSE Graduate School of Business for organizing the module at such a prestigious university as Fudan, and for the excellent organization of visits to leading Chinese enterprises. This trip will be remembered for a long time – a lot of new knowledge and vivid emotions!” – assessed the results Sergey Bespalov, Manager of Consulting in the field of production and operational management, Accenture AG, Zurich, Switzerland.

    The Chinese partners highly appreciated the cooperation with the HSE Graduate School of Business: “We are sincerely glad that the students not only visited Fudan University, but also benefited from this intercultural exchange. I hope that our program opened up new perspectives for the students, contributed to the development of their communication skills and broadened their horizons. We tried to tell as much as possible about the economic and cultural characteristics of China and demonstrate them during visits to various companies. We hope to continue fruitful cooperation with the HSE Graduate School of Business in the future, so that we can host MBA students within the walls of our university more than once,” Shuang Zhang, Manager of International Programs at Fudan University.

    Upon completion of the module, all students MBA programs received an official certificate from Fudan University confirming their participation and academic achievements.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Polytechnic University is first in the category “Materials Science: Metallurgy” in the rating of the “Expert” center

    Translation. Region: Russian Federal

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

    The results of the rating of scientific productivity of Russian universities by the analytical center “Expert” have been announced. In the category “Materials Science: Metallurgy” (Metals and Alloys), SPbPU soared to first place (plus six positions) and headed the list of universities, beating such competitors as St. Petersburg State University, MISiS, and Lomonosov Moscow State University.

    In the comprehensive engineering rating, Polytechnic showed a sharp increase, taking 6th place (up 9 positions) and entering the first group of technical universities. Overall, the university showed high positive dynamics in almost 13 subject areas: materials science, metallurgy, renewable energy, engineering sciences, mathematics, energy, chemical technology, management, economics, computer science, ecology, social sciences, biochemistry.

    In the field of materials science, engineering sciences, social sciences, economics and management, the Polytechnic University entered the top ten universities in the country. In engineering sciences – Arost by nine positions, in materials science (plus seven positions), in management (growth by four positions).

    Such bright results confirm the importance of focus and the chosen model of technological leadership. As a leading engineering university in Russia, we are proud to train professionals for key industries of the country and contribute to world science, – emphasizes the rector of SPbPU Andrey Rudskoy.

    This is a well-deserved success – the success of our scientists and scientific and technological teams of the Polytechnic University, who actively participate not only in grants, but also in federal programs of the NCMU, Priority and PIS and wisely focus resources. Such a breakthrough growth of the university was influenced by systematic and long-term work aimed at increasing the effectiveness and quality of research work, – noted Vice-Rector for Personnel Policy of SPbPU Maria Vrublevskaya.

    The University has demonstrated steady growth in such indicators as scale, demand for scientific activity and excellence. These criteria show to what extent scientific achievements and ideas created at the University are used and applied in the technological structure and economy of the country, as well as the unique scientific competencies and results of the higher education institution, determining its leading position in various branches of science and technology.

    The Expert Analytical Center has been conducting a study of the publication activity of Russian universities since 2016. The ranking evaluates universities based on indicators of scientific productivity in subject areas over the previous four years, relying on publications in the Scopus database.

    The calculation methodology is based on four semantic blocks:

    “Demand for scientific activity” (the level of citation of the university in the region); “Scale, sustainability of scientific activity” (the share of the university’s publications in the total volume of publications in the country and the Hirsch index of researchers); “Quality of growth” (concentration of articles in journals); “Excellence” (representation among the best publications in international databases).

    The combination of these measures will allow optimizing the management of the process of forming the scientific policy of the university, achieving positive changes in the structure of scientific research and bringing the university to a new qualitative level. In total, experts analyzed 143 universities in subject rankings this year.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Republic of Estonia: Staff Concluding Statement of the 2025 Article IV Mission

    Source: IMF – News in Russian

    Tallinn, Estonia – May 19, 2025: Estonia is gradually re-emerging from a prolonged downturn but continues to grapple with higher prices and costs, a legacy of previous shocks, while high global policy uncertainty and rising trade barriers hinder a more vigorous recovery. Innovative young firms, a potential growth engine, are constrained by lack of skilled labor and limited access to capital markets. At the same time, fast-rising defense spending needs compound preexisting fiscal imbalances. In this context, the 2025 budget strikes an appropriate balance between sustaining spending efforts and containing the deficit. However, staff recommends implementing a further moderate adjustment starting from 2026 to address growing imbalances, stabilize the debt ratio, and preserve buffers. Carefully calibrated macroprudential policies, decisive domestic structural reforms aimed at easing reallocation of labor and reducing regulatory burden, and a deeper EU single market would be instrumental in building resilience and supporting growth in the medium term.

    https://www.imf.org/en/News/Articles/2025/05/19/CS-Estonia-2025

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Europe: At a Glance – Russian energy phase-out, Nord Stream and EU energy sovereignty – 19-05-2025

    Source: European Parliament

    Following up on the REPowerEU plan adopted in response to the energy crisis in 2022, the Commission proposed a ‘Roadmap towards ending Russian energy imports’ on 6 May 2025. The roadmap presents steps to phase out imports of Russian gas, oil and nuclear supplies by 2027. It is the latest initiative in a series of EU efforts to boost its energy sovereignty. During the May II plenary session, the Parliament will hold a debate on Council and Commission statements on this topic.

    MIL OSI Europe News –

  • MIL-OSI Russia: The popular science Smart Quest was held for the first time at NSU as part of the Smart Picnic

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    This format of participation of Novosibirsk State University in the traditional spring popular science festival “Smart Picnic” from Akadempark is new. The organizers tried to hold an interesting event that would introduce schoolchildren and their parents to the best university of the Multiverse a little closer.

    36 schoolchildren aged 7 to 19 took part in the Smart Quest. There were 8 teams in total, whose task was to complete a special route. The groups of participants for two hours seemed to become NSU students, who had to pass “all the tests” of the semester session and pass a total of 10 tests and exams on interactive platforms of NSU faculties and institutes.

    The grades were recorded in a real record book, which, following the quest, was given to the “commission” to sum up the results and calculate the total number of points received by the children in each game. All those who became excellent or good students received gifts from partners – Rostelecom and T-Bank (secret: absolutely all participants received prizes for participating in the quest).

    The winning teams of Smart Quest were:

    1st place – team “Roll’s Theorems”.

    2nd place – Smart team.

    3rd place – team “We know everything, but remember nothing.”

    — I decided to participate because I am planning to enter NSU in the future, I wanted to learn more about the programs. The most interesting thing was talking to the volunteers, they told me about the faculties and life at the university in general. The tasks were also interesting, for example, building a “bridge” out of noodles. We were rooting for every 100 g that the bridge would withstand.

    Our team consisted of six people, three guys from my school and two eighth-graders from Novokuznetsk. The guys were proactive. One of them was doing engineering shifts, which was very helpful in some tasks. Despite the fact that we are from different cities, we became very close with the guys, there were no disagreements, we are especially grateful to the volunteer Maria, who tried to bring us together.

    The name for the team was chosen as “Roll’s Theorems” because they had recently taken a session and the theorem was one of the questions.

    We are very happy about the victory, it was unexpected for us, because there were teams of guys that initially seemed stronger to us. We were also pleased with the prizes from the sponsors! – Vasilisa Bedareva, a student of grades 11-10, shared her impressions SUNC NSU and a member of the Rolle’s Theorems team.

    Almost all faculties and institutes of NSU took part in the Smart Quest; interactive platforms were organized in three buildings of the university – the main building, the laboratory building and the educational building.

    — I participated in Smart Quest as a volunteer headman who helped his group of newly minted “students” cope with the quest tasks. I decided to participate because I wanted to be a small part of NSU for a while. Most of all, of course, I liked showing new people our university, which looks like a small amusement park with its own zones.

    I was on the Pink team, because of their age and small number of participants they had no advantage, but they weren’t interested in winning. The little girls wanted to learn more, see more and leave more memories for the future, – said Timofey Dolgov, a fourth-year student Physics Department of NSU.

    We thank the schoolchildren who decided to get to know NSU better, and the volunteers of the Humanities Institute, the Faculty of Information Technology, the General Medicine department of the Faculty of Medicine and Medical Technology, the Faculty of Physics, the Faculty of Natural Sciences, the Faculty of Geology and Geophysics, the Faculty of Mechanics and Mathematics, the Faculty of Economics and the Advanced Engineering School for their help in organizing and lively communication with our guests!

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

    MIL OSI Russia News –

  • MIL-OSI Russia: 500 winners of the second competitive selection for the appointment of the Russian Presidential Scholarship for postgraduate and adjunct students have been determined

    Translation. Region: Russian Federal

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

    The 500 winners of the second competitive selection for the appointment of the Russian Federation Presidential Scholarship for postgraduate and adjunct students have been announced. The monthly scholarship is 75 thousand rubles. The payment is assigned for a period of 1 to 4 years.

    “I congratulate the graduate students and adjuncts who won the competitive selection. The Russian President’s scholarship is awarded for the second time, and it is received by the truly worthy – those who advance the field of research and development and help achieve the national goal set by the head of state – technological leadership. We are proud and appreciate your contribution to the scientific development of our country!” – said Deputy Prime Minister Dmitry Chernyshenko.

    The research of scholarship applicants must be based on the priorities defined by the Strategy for Scientific and Technological Development of the Russian Federation, approved by Vladimir Putin on February 28, 2024.

    “The presidential scholarship is awarded to talented young researchers who will have to solve large-scale problems. We are talking about creating technologies and products that will surpass foreign analogues, will ensure technological leadership of our country in key, promising areas. For this, our scholarship holders have the main thing – talent, knowledge, daring, as well as the support of mentors and the state,” said the head of the Ministry of Education and Science Valery Falkov.

    Candidates for such support were nominated by their scientific supervisors.

    In total, more than 4.6 thousand applications from 73 subjects of Russia were received for the competition. Representatives of all federal districts became winners, including 2 postgraduate students from new regions.

    The largest number of applications were submitted in the field of “Technical Sciences”.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Science and education in the prism of agro-industrial complex: State University of Management and Holding Company Elinar signed a cooperation agreement

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    On May 19, 2025, a ceremonial signing of an agreement on cooperation in the field of higher education and science was held between the State University of Management and JSC Holding Company Elinar.

    On behalf of the State University of Management, the agreement was signed by Rector Vladimir Stroyev, and on behalf of Elinar, by General Director Igor Kuimov.

    After signing the agreement, the high-ranking guest admitted that in 1985 he took advanced training courses at the State University of Management, which later helped him a lot. The year was a turning point, when many scientific discussions were held about the path the Soviet Union’s economy should take.

    Vladimir Stroyev recalled that at that time, the Center for Business Games was functioning at the State University of Management, where many successful entrepreneurs and managers came from. And graduates of those years have not forgotten their native university to this day – on Fridays they gathered for an evening meeting at the initiative of Vasily Golubev, Member of the Federation Council Committee on Federal Structure, Regional Policy, Local Government and Northern Affairs.

    Continuing the theme of turning points, Vladimir Vitalyevich noted that during the restructuring of the education system in the 1990s, the State University of Management managed to preserve elements of the Soviet system focused on management in the industrial sectors. And today, when higher education and science are being reformed again, the State University of Management is doing everything to quickly restore clear connections with various sectors of the economy.

    “Modern graduates are very ambitious and will definitely become managers. But without an industry base, it will be difficult for them to meet the demands of the time. In addition, they have a new clip-based thinking that quickly switches between tasks. Accordingly, educational programs need to be rebuilt for this perception. The cooperation of our university with large manufacturers will help them become truly skilled and competent managers. Therefore, I am glad that we have started contacting you and signed this agreement,” Vladimir Stroyev addressed Igor Kuimov.

    After the official part, representatives of GUU and Elinar went to discuss working proposals. Vice-Rector Dmitry Bryukhanov headed the section on education, Vice-Rector Maria Karelina – the section on science.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: FlyArystan Airlines Opens Regular Charter Passenger Flight Almaty-Inin

    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

    URUMQI, May 19 (Xinhua) — A plane of Kazakhstan’s FlyArystan airline with 160 passengers on board landed safely at Yining International Airport in Ili Kazakh Autonomous Prefecture, northwest China’s Xinjiang Uygur Autonomous Region, on May 18, marking the official opening of a direct Almaty-Yining-Almaty charter passenger flight.

    As reported to Xinhua by the Yining Customs, after the introduction of a visa-free regime between China and Kazakhstan, the number of tourists traveling from Almaty to the Ili-Kazakh Autonomous Okrug has been constantly growing. The new flight will be operated twice a week: on Thursdays and Sundays, which will give an additional impetus to the development of inbound tourism in the Ili-Kazakh Autonomous Okrug.

    Deputy Head of the Customs Inspection Department of Yining Customs Wang Yanju noted that the department had coordinated issues with border services, the airport and relevant Kazakh structures in advance to create a mechanism for exchanging information and promptly tracking flights. In addition, the procedure for customs inspection of luggage of arriving passengers was optimized, which significantly increased the efficiency of passengers passing customs control and ensured the smooth operation of the airline. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: China struggles to maintain labor market stability amid external uncertainty

    Translation. Region: Russian Federal

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

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

    BEIJING, May 19 (Xinhua) — China’s labor market remained generally stable in April, with the survey unemployment rate in cities and towns declining month-on-month, data released by the National Bureau of Statistics showed Monday.

    According to the National Statistical Office, the unemployment rate in cities and urban towns in China fell to an average of 5.1 percent in April 2025 from 5.2 percent in March.

    In addition, the unemployment rate in 31 major cities of the country in April was 5.1 percent, which is 0.1 percentage points lower than in the previous month, according to the State Statistical Service.

    In the first four months of 2025, the average unemployment rate in Chinese cities was 5.2 percent, the same as in the same period last year.

    The stability of the labor market is ensured by the steady growth of China’s economy, improved industrial performance, expansion of new growth drivers, and increased support for employment of key groups, Fu Linghui, spokesman for the National Statistical Bureau of China, said at a press conference on Monday.

    China’s 2025 targets call for the survey unemployment rate in cities and towns to be kept at around 5.5 percent, with more than 12 million new jobs created in urban areas nationwide.

    Despite the ongoing uncertainties in the external environment, greater efforts will be made to stabilize and expand employment, promote full employment, improve the quality of jobs and improve the living conditions of the country’s people, Fu Linghui added. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: China’s rail freight volume up 3.6 pct in Jan-Apr 2025

    Translation. Region: Russian Federal

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

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

    BEIJING, May 19 (Xinhua) — China’s rail freight volume was about 1.3 billion tonnes in January-April 2025, up 3.6 percent year on year, the China State Railway Corporation (CSRC) said Monday.

    According to the KGZhK, the average daily loading at railway stations amounted to 180 thousand cars, which is 4.7 percent more in annual terms.

    From January to April, 672 million tons of coal were transported by rail in the country, 464 million tons of which were intended for electricity generation.

    Coal stocks at power plants remained high, while the volume of transportation of mining products and construction materials increased by 29.3 percent, and metallurgical materials by 10.7 percent, the KGZhK reported.

    Railway authorities across the country have also strengthened cooperation with shipping companies, creating 119 products under the “single bill of lading” multimodal rail-sea transportation system, reducing transportation time and logistics costs. From January to April 2025, the volume of cargo under the multimodal rail-sea transportation system reached 5.38 million TEU (twenty-foot equivalent unit), up 19.1 percent year on year.

    During the reporting period, the volume of cross-border freight continued to grow. The China-Europe freight train sector maintained stable dynamics. Moreover, 4,725 trips of freight trains were made on international freight routes between China and Central Asia, up 21 percent year-on-year, the KGRK noted. Meanwhile, 1.976 million tons of cross-border freight were transported on the China-Laos railway, up 7.6 percent year-on-year. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: To Ekaterina Obraztsova, Honored Artist of Russia

    Translation. Region: Russian Federal

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

    Mikhail Mishustin congratulated the director and actress on their anniversary.

    The telegram states, in particular:

    “You have dedicated your life to the theater, established yourself as a wonderful actress, talented director and playwright. Your rare gift has been embodied in vivid roles, animated films, and productions.

    For many years you have been faithful to the famous S. V. Obraztsov Puppet Theatre. On the famous stage you create bright performances that always become an event, finding a response in the hearts of viewers of all generations.

    I wish you inspiration and new interesting works. Good health, well-being and all the best.”

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: Deposit auction of JSC “KAVKAZ.RF” will be held on 19.05.2025 (4)

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

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

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

    HTTPS: //VVV. MOEX.K.M.M.

    Categories24-7, Mil-SOSI, Moscow, Moscow Stock Exchange, Russian Economy, Russian Federal, Russian Language, Russian economy

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    Parameters
    Date of the deposit auction 05/19/2025
    Placement currency Rub
    Maximum amount of funds placed (in placement currency) 48,000,000.00
    Placement period, days 69
    Date of deposit 05/20/2025
    Refund date 07/28/2025
    Minimum placement interest rate, % per annum 20.60
    Conditions of imprisonment, urgent or special Urgent
    Minimum amount of funds placed for one application (in placement currency) 48,000,000.00
    Maximum number of applications from one Participant, pcs. 1
    Auction form, open or closed Open
    Basis of the Treaty General Agreement
     
    Schedule (Moscow time)
    Preliminary applications from 12:00 to 12:05
    Applications in competition mode from 12:05 to 12:10
    Setting a cut-off percentage or declaring the auction invalid until 12:20
       
    Additional terms  

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 05/19/2025, 11:05 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A106TR5 (VimpelK3R3) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    05/19/2025 11:05

    In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by NCO NCC (JSC), on 19.05.2025, 11-05 (Moscow time), the values of the upper limit of the price corridor (up to 87.82) and the range of market risk assessment (up to 936.59 rubles, equivalent to a rate of 18.75%) of the security RU000A106TR5 (VimpelK3R3) were changed

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

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

    HTTPS: //VVV. MOEX.K.M.M.

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 05/19/2025, 10:44 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0ZZ9R4 (RZhD 1P-07R) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    05/19/2025 10:44

    In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by NCO NCC (JSC) on 19.05.2025, 10-44 (Moscow time), the values of the upper limit of the price corridor (up to 104.82) and the range of market risk assessment (up to 1157.55 rubles, equivalent to a rate of 7.5%) of the security RU000A0ZZ9R4 (RZhD 1P-07R) were changed

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

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

    HTTPS: //VVV. MEEX.K.M.M.

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 05/19/2025, 10-12 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A101CL5 security (FSK RS1R4) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    05/19/2025 10:12

    In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by NCO NCC (JSC), on 19.05.2025, 10-12 (Moscow time), the values of the upper limit of the price corridor (up to 77.28) and the range of market risk assessment (up to 829.61 rubles, equivalent to a rate of 18.75%) of the security RU000A101CL5 (FSK RS1R4) were changed

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

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

    HTTPS: //VVV. MEEX.MOM/N90309

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: Deposit auction of the Investment Agency of the Tyumen Region will take place on 19.05.2025

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

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

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

    HTTPS: //VVV. MEEX.K.M.NYU0308

    Categories24-7, Mil-SOSI, Moscow, Moscow Stock Exchange, Russian Economy, Russian Federal, Russian Language, Russian economy

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    Date of the deposit auction 05/19/2025
    Placement currency Rub
    Maximum amount of funds placed (in placement currency) 120 241 000.00
    Placement period, days 91
    Date of deposit 05/19/2025
    Refund date 08/18/2025
    Minimum placement interest rate, % per annum 19.80
    Conditions of imprisonment, urgent or special Urgent
    Minimum amount of funds placed for one application (in placement currency) 4,900,000.00
    Maximum number of applications from one Participant, pcs. 1
    Auction form, open or closed Open
    Basis of the Treaty General Agreement
     
    Schedule (Moscow time)
    Preliminary applications from 12:15 to 12:30
    Applications in competition mode from 12:30 to 12:40
    Setting a cut-off percentage or declaring the auction invalid until 13:10
       
    Additional terms Additional conditions Placement of funds without the possibility of early withdrawal of the deposit, monthly payment of interest on the deposit

    MIL OSI Russia News –

  • MIL-OSI Australia: Interview with Kieran Gilbert, Sky News

    Source: Australian Attorney General’s Agencies

    Kieran Gilbert, Host: Joining me live in the studio is the Minister for Trade and Tourism, Don Farrell. Thanks for your time. A lot to talk about. I will ask you about that issue that the Deputy Prime Minister finished on there in terms of productivity and the superannuation, but let’s start on trade. Will you get the deal done with the EU? We’re hearing that the talks will resume soon.

    Trade Minister, Don Farrell: Yes. In fact, I’m going to be talking to my counterpart tomorrow. So, you might recall in the middle of the election, I had a conversation with Trade Minister Maroš. He’s from Slovakia. We hit it off pretty well, I think, in our first discussion. He sent me a very kind and warm message on election night when it was clear that we had won the election. I’ve subsequently had a meeting with the EU Ambassador and reaffirmed our commitment and heard from him his commitment.

    Gilbert: Sounding good?

    Trade Minister: Sounding good, yeah, yep. And as I said, I’ve got a conversation with him tomorrow. And of course, in the meantime, the Prime Minister has met President von der Leyen.

    Gilbert: The sticking point was on the geographical indicators and also on agriculture. Is that right?

    Trade Minister: Yeah.

    GILBERT: So, will there be compromise there from the EU?

    Trade Minister: Look, what – the politics have changed in two years. I think both Australia and Europe now realise that there’s a priority and an imperative to get a free trade agreement. If other countries don’t want to trade with you, well that’s fine, that’s their decision. But if there are countries such as Europe who do want to do trade with you, well then you’ve got to go that extra mile to get an agreement over the line.

    Gilbert: And the things that changed, we know, Donald Trump.

    Trade Minister: Yeah, yeah, well look, look. A whole lot of things have changed since we last had a conversation. But I think we share the same values as Europe. So, those geographical indicators are hard issues. On the one hand, the Europeans say, well look, you’re using all of our names. On the other hand, what I say to them is, look, after World War II, a whole lot of Europeans came to Australia. They bought their families, they bought their culture, more importantly, they bought their food and wine.

    Gilbert: They sure did.

    Trade Minister: Yeah. And for them, the link with Europe is not an economic link, it’s a way that they keep in contact with their European roots.

    Gilbert: Would you like to see then, that trade deal, you know, if you are successful in landing that, also expand into a security relationship? Because that’s what von der Leyen has raised with the Prime Minister overnight, that we talk not just in trade terms, but security terms, like Japan and Korea have.

    Trade Minister: Yeah, look, look. My space is trade. I’m going to be focused on the trade agenda. We’ve gone a long way down that path. We need to complete that process. What happens with defence and all of those other issues? The Prime Minister has addressed that today. He said, look, we’re happy to look at these things, but our immediate priority with the Europeans is all about trade.

    Gilbert: When the PM went to the inauguration of Pope Leo XIV, why was it important in your view to be there? Is it something that, you know, a Prime Minister necessarily has to be at, the inauguration of a new Pope?

    Trade Minister: Look, I think it was very important that the Prime Minister was there. As you know, he sent me to the funeral a couple of weeks ago. That was obviously, you know, a very solemn event. This was a very joyous event for Australia’s 5 million Catholics, of which the Prime Minister and myself are both adherents to the Catholic faith. I think it was very important that Australia be represented there and represented at the highest level.

    Gilbert: Do you think it’s also important in a more secular world that the leadership does show respect to people of faith? Is this something, you know, in simple terms, that people of other faiths will respect?

    Trade Minister: Well, look, I think that’s part of it. But this new pope, Pope Leo XIV, has come out very strongly on the issue of peace. That’s very important for Australia. We’ve been calling for peace in Ukraine. We want the Russians to withdraw from Ukraine. And we also want peace in the Middle East. So, I think we’re on board with the agenda for this new Pope to start talking about a more peaceful world. That’s good for Australia and it’s good for the world.

    Gilbert: Ok. On some other issues, my colleague Andrew Clennell reported yesterday that state MPs and officials won’t be hit by the government’s super tax on funds upwards of $3 million. Is that viable? You’ve been around politics a long time. Do you think you can still sell that as a policy when people start to realise that some premiers and officials won’t have to pay it?

    Trade Minister: Well, look, this tax applies to very, very few people. Less than 0.5 per cent of the population are going to be affected. And of course, it only applies to people on very, very high balances. There are some constitutional issues that relate to how superannuation is dealt with by state governments. But rest assured that the people who are going to be making this decision will themselves be covered by this tax, if they get to that high level of superannuation.

    Gilbert: The $3 million fund, I mean, as you touched on, we did go to the election recently, but do you think people, when the details start to emerge about taxing unrealised gains and so on, that that’s going to be a bit complex to try and navigate for the government?

    Trade Minister: Look, I hope not. We nailed our colours to the mast in respect to this tax. We tried to get it through the last Parliament, it wasn’t successful. We took it to the last election. So, nobody was in any doubt about what our policy was in respect of this tax. And we’ve received an overwhelming endorsement from the Australian people. So, I think in terms of honesty, if we didn’t proceed with this, then I think people would say, well, what’s going on? You said you were going to do this. We’ve built the savings from this new super tax into our future budgets. So, I think now, we’ve got the endorsement for the Australian people. It’s a very, very minor tax in the scheme of things, and I think the Australian people would now expect us to proceed with it.

    Gilbert: And do you think the Treasurer can make it work just with all of those other complications?

    Trade Minister: Well, he’s a very, very good Treasurer and I think-

    Gilbert: There are those that say it’s just too complex in terms of tax structures and people’s superannuation. You might have an impact on productivity because people will pull out of the workforce before they hit that threshold.

    Trade Minister: I think people are barking up the wrong tree. I doubt whether the relatively small impact of this tax is going to result in any of those sorts of things. But we’ve got a very good salesman in Jim Chalmers and of course, now he’s being assisted by Daniel Mulino, who’s a very good friend of mine. He’s got a, I think it’s a Master of Economics from Yale, very smart fellow, and I think that combination will be very successful.

    Gilbert: I know you’ve got to go. Just quickly, what else is on your agenda? You’ve got that, the talks tomorrow with the EU.

    Trade Minister: Yes, yes, and India.

    Gilbert: What’s at the top of your agenda here?

    Trade Minister: We were very close to a free trade agreement with India before the election was called. I’m now confident that we’ll get another agreement with them. And of course, in a few weeks’ time, the United Arab Emirates Free Trade Agreement comes into operation. The United Arab Emirates is like the Woollies warehouse of the Middle East. If you can get your product in there. And all of our products are going into the UAE tariff free. It’s a really good, really good agreement.

    Gilbert: 93 seats for Labor, you must have said some pretty strong prayers when you were over in the Vatican. They seem like they’ve worked.

    Trade Minister: I did. Look, we were the last people, I think, to touch the Pope’s coffin before we went out for the Mass. And I did say a little prayer for the Prime Minister and the Labor Party.

    Gilbert: Certainly strengthened your favour. Don Farrell, thanks for your time. Appreciate it.

    Trade Minister: Thanks, Kieran.

    MIL OSI News –

  • MIL-OSI Russia: Sri Lanka seeks to deepen energy ties with China: 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

    COLOMBO, May 19 (Xinhua) — Sri Lanka’s Energy Minister Kumara Jayakody reiterated the country’s commitment to expanding energy partnership with China, calling it a “close friend” and outlining ambitious plans for cooperation in oil and renewable energy projects.

    In an interview with Xinhua on Friday, K. Jayakody stressed that Sri Lanka is keen to expedite the implementation of key energy projects in cooperation with Chinese partners.

    “We have a refinery project in Hambantota and we are in a hurry to start it,” he said, adding that Sri Lanka also wants to start some projects in the power sector, especially solar and wind energy. He said it is likely that the Sri Lankan government will look to China for support in these sectors.

    K. Jayakody stressed that Sri Lanka is particularly interested in leveraging China’s advances in energy storage technology to improve the reliability and sustainability of its electricity sector.

    The minister’s remarks came on Friday at the Open Day of the national Clean Sri Lanka programme. The event was held for the first time by China Petroleum and Chemical Corporation (Sinopec) at a newly renovated petrol station in Nawala. The event was attended by senior government officials, Chinese Ambassador to Sri Lanka Qi Zhenhong and public figures.

    The Clean Sri Lanka initiative launched by the new government led by President Anura Kumara Dissanayake aims to promote environmental sustainability and ethical standards throughout the country’s infrastructure.

    At the Sinopec Open Day, some of the new products on display included improved fuel pumps, improved safety systems, fuel vapor recovery valves and clean toilets that are accessible to all.

    The Chinese company is looking to improve not only infrastructure but also service standards, with island-wide training for station managers and petrol station attendants on safety, first aid and customer service.

    Ambassador Qi Zhenhong noted that the event not only showcased Sinopec’s achievements in clean, modernized infrastructure, but also the tangible benefits that bilateral cooperation brings to local people. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Russian-Chinese Forum Starts in Khabarovsk

    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

    Khabarovsk, May 19 (Xinhua) — The Russia-China Forum (RCF) dedicated to cooperation between the two countries opened in Khabarovsk, the capital of Russia’s Khabarovsk Krai, on Monday.

    At 09:00 local time, the opening ceremony of the two-day forum took place on Komsomolskaya Square in the center of Khabarovsk. It was attended by the Governor of Khabarovsk Krai Dmitry Demeshin and the Consul General of the PRC in Khabarovsk Jiang Xiaoyang.

    “Khabarovsk Krai has historically become a territory of strong cooperation between Russia and China. We see how our economic ties are growing stronger every year, trade relations are expanding, joint projects are being implemented in industry, energy and transport. It is here, in the Russian Far East, that we are forming new standards of international cooperation. Our enterprises are successfully working together, creating modern production, innovative technologies and jobs. We are building bridges not only in the literal but also in the figurative sense – bridges of trust, mutual understanding and prosperity,” said D. Demeshin in his speech at the ceremony.

    According to Jiang Xiaoyang, the forum is being held as a platform for implementing the decisions reached by the leaders of the two countries after their meeting last year. Khabarovsk Krai is a major logistics, industrial and scientific-technical center in the Russian Far East. There are broad prospects for cooperation between Khabarovsk Krai and Chinese partners.

    The RKF is held under the motto “Bolshoy Ussuriysky /Heixiazidao Island/: cooperation in joint development of the island”. Its program includes more than 30 thematic areas, cultural and sports events. More than three thousand applications for participation in the forum were received from representatives of business, government bodies and creative industries from Russia and China.

    The forum will include a plenary session entitled “Russia and China: Joining Efforts for Common Prosperity.” It will discuss the state and prospects of the two countries’ strategic partnership, the role of twinning at the regional level, the situation in border regions, the vector of small business development, and other issues.

    The forum will also feature a series of events to deepen cooperation between Russian and Chinese entrepreneurs. In particular, an investment exhibition will open, a Russia-China business dialogue will take place, and B2B negotiations will take place.

    The cultural program of the forum includes a performance by Chinese artists, and the festival “Two banks – one Amur /Heilongjiang River/”. The traditional regional festival-fair “AmurFest. Spring” is timed to coincide with the forum, and a thematic exhibition is also open in the Far Eastern Art Museum.

    The organizer of the RCF is the government of Khabarovsk Krai with the support of the Ministry of Foreign Affairs of Russia, the Ministry of Economic Development of Russia, the Ministry for the Development of the Russian Far East, JSC Far East and Arctic Development Corporation and VEB.RF. The operator is the Roscongress Foundation. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Lower tariffs between China and the US will benefit bilateral trade and global economic recovery: GSU representative

    Translation. Region: Russian Federal

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

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

    BEIJING, May 19 (Xinhua) — A significant reduction in customs duties between China and the United States is beneficial to the growth of trade between the two countries and the global economic recovery, Fu Linghui, an official with the National Bureau of Statistics, said at a press conference on Monday.

    The current international situation remains complex and serious, and the world is facing the rise of unilateralism and protectionism, which poses serious challenges to the international trade and economic order and constrains global economic growth, Fu Linghui said.

    However, the overall trend of mutually beneficial international cooperation will not change, Fu Linghui noted, adding that China’s firm commitment to expanding its opening up to the outside world will also remain unchanged.

    The country’s foreign trade diversification has been steadily advancing, and policies to promote foreign trade have consistently demonstrated effectiveness, which will continue to support the steady growth of foreign trade, Fu Linghui added. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: China’s Industrial Production Grew 6.1% in April 2025 /detailed version-1/

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    BEIJING, May 19 (Xinhua) — The added value of output of China’s major industrial enterprises, an important economic indicator, rose 6.1 percent year on year in April, official data showed Monday.

    Last month, the added value of manufacturing grew 6.6 percent year-on-year, with the added value of equipment manufacturing and high-tech manufacturing sectors growing 9.8 percent and 10 percent, respectively, according to the National Bureau of Statistics (NBS).

    According to data, in January-April this year, the added value of products of leading industrial enterprises in China increased by 6.4 percent year-on-year.

    The industrial value added indicator is used to measure the activity of large enterprises, each of which has an annual income from its main business activities of at least 20 million yuan (about 2.78 million US dollars). -0-

    MIL OSI Russia News –