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Category: Russian Federation

  • MIL-OSI Russia: Sports complex and medical center to appear as part of business center in South-West Administrative Okrug

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    A 23-storey business centre with an area of 44.7 thousand square metres will be built on the territory of the former Vorontsovo industrial zone. The facility will appear as part of the implementation of a large-scale investment project (MaIP). This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “A multifunctional complex with public and office spaces will appear on Akademika Semenikhina Street near the Kaluzhskaya and Vorontsovskaya metro stations. Public spaces with commercial infrastructure with a total area of 19 thousand square meters will occupy the first five floors, with office premises located above. Construction is planned to be completed in 2026. The implementation of this large-scale investment project will create about 1.5 thousand jobs for residents of nearby areas,” said Vladimir Efimov.

    MaIP is a special status that can be granted to objects that are significant for the city and aimed at increasing the number of jobs, developing the capital’s infrastructure, and increasing investment in the Moscow economy. Preference is given to multifunctional centers, modern production facilities, high technologies, social and sports infrastructure.

    “To implement this large-scale investment project, the city allocated the company a land plot in the Obruchevsky district with an area of about 0.6 hectares. In addition to offices and infrastructure facilities, the business center is planned to accommodate an underground parking lot for 178 cars, including charging devices for electric cars,” said the Minister of the Moscow Government, head of the capital’s Department of City Property

    Maxim Gaman.

    Mosgosstroynadzor has already issued a permit for the construction of the facility. Minister of the Moscow Government, Head of the Department of Urban Development Policy Vladislav Ovchinsky clarified that the 23-story building will house 123 office spaces. Their area will range from 42 to 1,400 square meters. They will be located from the sixth to the 23rd floor. The first five will house a shopping gallery, a cafe, a supermarket, a food hall, a co-working space, a medical center, and a sports complex. Both business center employees and residents of nearby houses will be able to visit them.

    The atrium of the shopping gallery on the first floor of the building will be decorated with art objects. An area of 0.75 hectares will be landscaped next to the business center. The developer will carry out comprehensive landscaping and lay pedestrian routes. There will be a birch alley and front gardens with cozy recreation areas and benches.

    The business center will be built as part of a program for the construction of commercial and residential real estate as part of transport hub projects near metro stations and the Moscow Central Diameters.

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

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

    https: //vv.mos.ru/nevs/ite/152035073/

    MIL OSI Russia News –

  • MIL-OSI Economics: Piero Cipollone: Enhancing cross-border payments in Europe and beyond

    Source: European Central Bank

    Speech by Piero Cipollone, Member of the Executive Board of the ECB, at the Regional Governors’ Meeting

    Osijek, 1 April 2025

    As we gather here today in Osijek, we stand at a crossroads in the world of payments.

    Digitalisation is driving economic progress and transforming the way we make retail payments, yet there is growing frustration that the dramatic decline in IT and telecommunications costs has not been reflected in lower fees for cross-border payments in many parts of the world.

    This has proven to be an obstacle to economic integration, including in this part of Europe. For instance, a small business owner here in Croatia trying to make a €5,000 transfer to a supplier in a Western Balkan economy that is not part of the Single Euro Payments Area (SEPA) faces costs up to 12 times higher than when sending the same amount to a counterpart within SEPA.[1]

    Such disparities are a barrier to growth. Addressing them is a priority, not only to reduce costs but also to drive economic development and bring us closer together. This is why the expansion of SEPA is so important and a key milestone on the European integration path.

    Montenegro, Albania and North Macedonia recently joined SEPA.[2] This paves the way for the payment service providers in these countries to be operationally ready to offer SEPA transfers as of October[3], facilitating transfers in euro at a considerably reduced cost. We also very much support the efforts being made in the other Western Balkan economies towards joining SEPA.

    The pressing need to enhance cross-border payments is not just a regional concern, it is a matter of urgency worldwide. As international transaction volumes have surged, outstripping GDP growth, the economic toll of inefficient cross-border payments has continued to mount. Despite technological advancements and recent improvements, progress is heterogeneous across countries and cross-border payment transactions remain expensive and slow in many places.

    Moreover, the shifting geopolitical landscape has introduced a new dimension to this challenge. Rising geopolitical tensions have spurred initiatives to create alternatives to existing global infrastructure. This could lead to fragmentation of the global financial system into multiple, non-communicating blocs, which would further hamper the efficiency of cross-border payments and contribute to the refragmentation of trade and investment. In parallel, the emergence of stablecoins – which the United States intends to promote worldwide[4] – brings its own risks, including for currency substitution.

    The Eurosystem is responding proactively to these challenges in line with the G20 Roadmap for enhancing cross-border payments.[5] Our approach rests on two pillars: on the one hand, harnessing the potential of fast payment systems to enhance the efficiency of cross-border payments and deliver tangible improvements in speed and cost; on the other, continuing to respect the sovereignty and stability of our partners. This can be achieved by interlinking fast payment systems across countries. In other words, we are aiming to address inefficiencies and build lasting connections that are rooted in trade openness and balanced relationships with our partners – goals which have long been a hallmark of the European approach to economic integration.

    Today, I will focus on three points. First, I will examine the current state of cross-border payments. Second, I will discuss how geopolitical fragmentation is creating a further imperative to act. Lastly, I will present the Eurosystem’s strategic response to these challenges, which includes initiatives such as interlinking fast payment systems and exploring the possible use of a digital euro in third countries.

    The state of cross-border retail payments

    Over the past few decades, the world has witnessed a significant surge in cross-border payments, driven by the globalisation of trade, capital and migration flows. Cross-border payment flows are projected to double to €268 trillion by 2030.[6] But despite this significant expansion and the improvements that have resulted from international efforts, international payments too often remain prohibitively expensive and inefficient.[7]

    While domestic payments have undergone a digital revolution – becoming faster, cheaper and more accessible – cross-border transactions have yet to fully benefit from these technological advancements.[8] The average cost of international retail payments remains high: for nearly one-quarter of global payment corridors, costs exceed 3%. And in too many cases, cross-border payment is still slow: one-third of retail cross-border payments took more than one business day to be settled in 2024.[9]

    These inefficiencies raise three pressing issues that demand our attention.

    First, high costs and slow transaction times are undermining economic integration and growth. Small and medium-sized enterprises (SMEs), which form the backbone of many economies are disproportionately affected. For SMEs operating on tight margins, exorbitant fees are not just an inconvenience but a barrier that often discourages them from engaging in cross-border trade. According to research by the World Bank, in 2023 it cost SMEs about ten times more to transfer €5,000 between Western Balkan economies than between EU countries.[10]

    Second, the world’s most vulnerable groups – such as migrant workers sending remittances home – bear a disproportionate share of these costs. Remittances are a lifeline for millions of families worldwide, supporting one in nine people globally. Yet sending money home remains prohibitively expensive in many regions. The cost of remittances to the Western Balkan economies averaged 6.7% until recently[11], only slightly below the 7.7% paid in Sub-Saharan Africa[12]. The impact that reducing these fees will have on financial inclusion and well-being cannot be overstated. The World Bank has estimated that by meeting the global Sustainable Development Goal target of 3%, the Western Balkan economies would save approximately half a billion euros per year.[13]

    Third, the inefficiencies affecting cross-border payments have created a vacuum that alternative players, particularly in the crypto-asset space, are eager to fill. However, many of these solutions come with significant risks that cannot be overlooked. Unbacked crypto-assets, for instance, are highly volatile and speculative in nature, creating risks for unsuspecting households and businesses.

    Furthermore, the United States’ push to maintain the dollar’s global dominance through the promotion of stablecoins worldwide presents its own set of challenges. While stablecoins may be touted as the solution to a problem, they in fact create new problems that require a solution. Unless they are properly regulated according to the Financial Stability Board principles (as achieved in Europe through the Regulation on markets in crypto-assets[14]), they cannot guarantee convertibility at par value at all times and are susceptible to runs. They may thus destabilise the very system they are meant to improve. Also, because 99% of stablecoins are denominated in US dollar and their expansion could leverage the global customer base of big tech companies[15], they could considerably increase currency substitution risks, leading to “digital dollarisation”.[16] This would impair the effectiveness of domestic monetary policy and increase financial stability risks by amplifying capital outflows in response to negative shocks. This could have a destabilising effect on emerging markets and less developed economies, particularly small economies integrated in global value chains.[17]

    Geopolitical fragmentation

    That brings me to my second point: the fundamentally changed international order and its potential to fragment payment systems worldwide.

    Rising geopolitical tensions are reshaping the very foundations of cross-border payments and endangering the global rules-based system. This could challenge established correspondent banking networks and messaging systems such as Swift.

    At a time when we should be integrating payment systems to reduce their complexity and cost for users, separate platforms have sought to create alternatives to existing global infrastructures. This trend began as early as 2013 when Iran, in response to its exclusion from Swift, created its own messaging system. Russia followed suit in 2014 with the System for Transfer of Financial Messages after its annexation of Crimea. China’s Cross-Border Interbank Payment System, launched in 2015, has seen remarkable growth, with over 1,500 financial institutions using it in 2024, a number that has more than doubled since 2018.

    The pace of these initiatives has accelerated significantly since Russia’s invasion of Ukraine. In the past two years alone, we have seen nearly 20 new initiatives from countries in emerging markets aimed at bypassing Swift and western correspondent banks. At the BRICS Summit in October 2024, member countries agreed to explore the feasibility of establishing an independent cross-border settlement and depositary infrastructure, BRICS Clear.[18]

    These developments raise serious concerns about the potential fragmentation of the global financial system. We could face disrupted international capital flows and reduced efficiency as the system risks being splintered into multiple, non-communicating blocs.

    For the euro’s international role[19] to contribute to preserving a stable and integrated financial system, the euro needs to provide the benefits of a global public good.[20] We must ensure it can reliably connect various parts of the global payments system and deliver tangible benefits in terms of speed and cost, while respecting the integrity, sovereignty and stability of our partners.

    The Eurosystem’s strategy for efficient and open cross-border payments

    In this context, the European Central Bank (ECB), together with euro area national central banks, is promoting a strategy for the integration of global cross-border payments to address inefficiencies while maintaining openness. This strategy rests on two main initiatives.[21]

    Interlinking fast payment systems

    The first is the interlinking of fast payment systems. Over the past decade, central banks have made significant improvements to the backend infrastructure for facilitating payments, thereby fostering the digitalisation of domestic payment systems. As of today, over 100 jurisdictions worldwide have implemented their own fast payment systems.[22] There is already evidence that the global network of fast payment systems tends to be segmented along geopolitical lines[23], but interlinking these systems could help overcome this fragmentation and extend the benefits of digitalisation to cross-border payments.

    This approach offers several advantages. It would reduce costs, increase the speed and transparency of cross-border payments and shorten transaction chains. It would also enable payment service providers to conduct transactions without having to use multiple payment systems or a long chain of correspondent banks. Moreover, it would ensure that the platform to connect and convert currencies would be managed as a public good, thus avoiding closed loops and discriminatory pricing. Accordingly, the G20 Roadmap has identified interlinking as a key strategy for enhancing cross-border payments.[24]

    Europe serves as a compelling example of what this interconnected payments landscape might look like. Within the euro area, account holders can transfer funds instantly 24/7 through the TARGET Instant Payment Settlement (TIPS) service. A key feature of TIPS is that it is a multi-currency platform that settles instant payments within a payment scheme – the SEPA Instant Credit Transfer scheme – governed by uniform rules, standards and protocols, avoiding the risk of fragmentation.

    Taking advantage of this multi-currency feature, Sweden is already using TIPS for making fast payments in kronor.[25] Denmark will do the same as of this month[26] and Norway as of 2028[27].

    In October 2024 the ECB’s Governing Council decided to take concrete steps towards interlinking TIPS with other fast payment systems to improve cross-border payments globally.[28]

    First, a cross-currency settlement service will be implemented within TIPS. This will make it possible for instant payments originating in one TIPS currency to be settled in another. Initially, this service will enable cross-currency payments between the euro area, Sweden and Denmark.[29]

    Second, a cross-currency settlement service will be implemented for the exchange of cross-border payments between TIPS and other fast payment systems globally.[30] This will allow to explore interlinking TIPS with fast payment systems that have a compatible scheme, are interested in being involved and ensure full compliance with the standards set by the Financial Action Task Force to combat money laundering and terrorist financing.

    Third, the Eurosystem will explore connecting TIPS to a multilateral network of instant payment systems through Project Nexus, led by the Bank for International Settlements (BIS).[31] By connecting to Nexus, TIPS could evolve into a hub for processing instant cross-border payments to and from the euro area and other countries that are using TIPS.[32]

    Fourth, the Eurosystem is currently assessing the feasibility of creating a bilateral link with India’s Unified Payments Interface (UPI).[33] UPI has the highest instant payment transaction volumes in the world, with close to 500 million transactions per day[34], and India is among the top ten recipients of euro area remittances.

    We are going even further to address the situation in the Western Balkans, since most countries in the region do not yet have a fast payment system.[35] As a service provider for TIPS, Banca d’Italia is working with the central banks of Albania, Bosnia and Herzegovina, Kosovo and Montenegro to develop an instant multi-currency payment system based on TIPS software, with North Macedonia potentially joining at a later stage.[36] The new platform will make it possible to pay instantly within each country and across countries. It will also ease the path towards enabling instant payments between participating countries and the euro area.

    The international role of the digital euro

    Now let me turn to the second initiative we are exploring to enhance cross-border retail payments, namely the creation of a digital euro and its use in third countries.

    A digital euro would be a central bank digital currency, an electronic equivalent to cash. It would complement banknotes and coins, giving people an additional option that they could use free of charge for any digital payment across the euro area. It would work both online and offline in shops or when making person-to-person or e-commerce transactions. Moreover, it would provide a European infrastructure that could be used by private payment service providers to offer their own solutions across the continent, thereby fostering competition and innovation.

    While the digital euro would primarily be used in the euro area, it is worth considering its possible international use. The current draft legislation foresees an approach that respects the sovereignty of third countries, mitigates potential risks for them and offers them new opportunities.

    Non-euro area residents could have access to the digital euro when visiting the euro area temporarily by setting up an account with a European payment service provider. We also believe that we could enable merchants outside the euro area to accept digital euro payments from euro area residents.[37]

    Moreover, users outside the euro area could be granted permanent access to the digital euro subject to an agreement between the EU and third countries, complemented by an arrangement between the ECB and the respective central banks.[38]

    In any case, use of the digital euro in third countries would be implemented gradually and with the appropriate safeguards to ensure that it would be used primarily as a means of payment and would not stoke currency substitution. For instance, individual holding limits for users outside the euro area would not be allowed to exceed the limits set for euro area residents and citizens.

    Moreover, the digital euro’s design includes multi-currency enabling features similar to those of TIPS. In practice, this means that non-euro area countries could use the digital euro infrastructure to offer their own digital currencies, thus facilitating transactions across these currencies. The digital euro could therefore provide a solution for offering and transferring central bank digital currencies internationally and serve as a platform for innovation in cross-border payments. On this basis, the digital euro could facilitate cross-border payments and remittances, making them more efficient and cost-effective.

    Conclusion

    Let me conclude.

    We find ourselves at a pivotal moment in the evolution of cross-border payments. The current geopolitical landscape threatens to fragment our global payment systems, potentially leading to inefficiencies and reduced transparency. However, this challenge also presents an opportunity for positive change.

    The region where we are meeting today exemplifies the challenges we face, what we can achieve through collaboration and the potential for further progress.

    As we move forward, our goal is clear: we must develop safer, more accessible alternatives that make global payments cheaper, faster and more transparent, without compromising on integrity, stability and sovereignty.

    The time for action is now. Through innovation, interoperability and a commitment to open financial markets, we can build a global payment system that is resilient to geopolitical shifts and can support economic growth and financial inclusion worldwide.

    MIL OSI Economics –

  • MIL-OSI Europe: Written question – EU action in response to the illegal activities of the Houthi movement in the Red Sea – E-001127/2025

    Source: European Parliament

    Question for written answer  E-001127/2025
    to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy
    Rule 144
    Afroditi Latinopoulou (PfE)

    On 5 March 2025, the United States imposed sanctions on seven high-ranking members of the Iran-affiliated Houthi movement in Yemen. According to a statement by the US Department of the Treasury, these individuals smuggled military items and weapon systems into Houthi-controlled areas of Yemen and negotiated weapons procurement from Russia.

    The US Department of the Treasury also imposed sanctions on Abdulwali Abdoh Hasan Al-Jabri and his company, Al-Jabri General Trading and Investment Co, for recruiting Yemeni citizens to fight in Ukraine on behalf of Russia and for raising funds to support Houthi military operations.

    In view of the Houthis’ continuous attacks on ships owned by companies from European countries, such as Denmark and Greece, will the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy say:

    • 1.How does the EU assess the sanctions on the Houthi movement imposed by the US?
    • 2.Does the EU intend to work with the US to put an end to the Houthis’ illegal activities, ensuring that ships serving European interests can safely navigate in the Red Sea?

    Submitted: 17.3.2025

    Last updated: 1 April 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: €50 million in EIB support for Ukraine’s rail border crossings and infrastructure to boost EU connectivity and trade

    Source: European Investment Bank

    • Upgrades on Ukraine’s borders with neighbouring EU countries will help streamline the movement of goods and passengers, and reinforce Ukraine’s role as a transport hub.
    • The project will include repairs to tracks, the relocation of wagon inspections, the reconstruction of an intermodal terminal and new gantry cranes.
    • It is co-financed by the EU Connecting Europe Facility and supported by the EIB’s advisory services.

    The European Investment Bank (EIB) and the government of Ukraine have agreed to direct €50 million of EIB financing to Ukraine’s national railway company, Ukrainian Railways (Ukrzaliznytsia), to upgrade key rail border crossing points with Poland, Slovakia, Hungary and Romania, contributing to the EU-Ukraine Solidarity Lanes initiative to facilitate cross-border connectivity and trade. The agreement was signed by the EIB and the Ministry for Development of Communities and Territories of Ukraine. Backed by an EU guarantee under the Ukraine Facility, the investment will improve freight operations and strengthen Ukraine’s trade and transport links with the European Union. The upgrade is being co-funded through a grant from the European Union under the Connecting Europe Facility (CEF). The initiative is also benefiting from advisory support provided under JASPERS, a joint initiative of the European Commission and the EIB.

    The funding will support the modernisation of border infrastructure and nearby railway sections on the Ukrainian side, helping to increase the volume and speed of goods moving across borders. It includes repairs to worn-out tracks, the relocation of wagon inspections, the reconstruction of an intermodal terminal and the installation of equipment like cranes. Beyond freight operations, the modernisation works will also bring direct benefits to passenger transport, as the upgraded railway tracks will serve both freight and passenger trains, contributing to safer, faster and more efficient cross-border travel.

    This financing is part of the EIB’s broader €150 million support for modernising Ukraine’s railways. In 2022, the first €100 million was provided as part of the EIB’s Ukraine Solidarity Urgent Response to finance emergency repairs and restore essential rail services. It was complemented by a €6.7 million EU grant to address urgent wartime needs.

    EIB Vice-President Teresa Czerwińska, who oversees the Bank’s operations in Ukraine, said: “The EIB has been a long-standing partner of Ukrzaliznytsia – from well before the very first days of the war. With this new support, we are continuing to strengthen Ukraine’s railway infrastructure at a critical time. Upgrading border crossing points and key rail links will help remove bottlenecks, accelerate the flow of goods and support Ukraine’s deeper integration with the European Union.” 

    European Commissioner for Enlargement Marta Kos said: “Today’s agreement between the European Investment Bank and Ukraine is another step towards Ukraine’s gradual integration into the EU. This €50 million investment in the modernisation of key rail border crossing points will strengthen Ukraine’s infrastructure and its connections to the European Union. This is not just an economic measure – it is a political commitment to bring Ukraine even closer to the EU by improving trade, people mobility and transport links. Our message to Ukrainian people is clear: Europe stands with you, today and in the future.”

    Deputy Prime Minister for Restoration of Ukraine – Minister for Development of Communities and Territories of Ukraine Oleksii Kuleba said: “Railway infrastructure has become one of Ukraine’s key lifelines – keeping goods moving, delivering essential services and ensuring strategic links with the European Union. We welcome this €50 million in EIB support, now directed towards upgrading our rail border crossing points. This is a vital step in rebuilding and expanding our border infrastructure. It will unlock new potential for freight flows and bring us even closer to full integration with the European Union.”

    Background information  

    The EIB in Ukraine 

    The EIB Group has supported Ukraine’s resilience, economy and recovery efforts since the first days of Russia’s full-scale invasion, with €2.2 billion already disbursed since 2022. The Bank continues to focus on securing Ukraine’s energy supply, restoring damaged infrastructure and maintaining essential public services across the country. Under a guarantee agreement signed with the European Commission, the EIB is set to invest at least €2 billion more in urgent recovery and reconstruction. This funding is part of the European Union’s €50 billion Ukraine Facility for 2024–2027 and is fully aligned with the priorities of the Ukrainian government.

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – Parliament urges the EU to defend its interests

    Source: European Parliament 3

    On Tuesday, MEPs discussed trade, defence and competitiveness with Presidents Costa and von der Leyen, pushing for action to strengthen the EU economy and defence.

    European Council President António Costa stressed the leaders’ clear “sense of urgency” to reinforce Europe’s competitiveness and create the conditions for more investment in defence. The 20 March summit was a turning point in the quest for a stronger and sovereign EU, he added. Highlighting that only a more prosperous economy will ensure we have the resources to invest in our defence, he demanded decisive action to close innovation and productivity gaps and cut red tape.

    Commission President Ursula von der Leyen outlined her strategy with regard to the tariffs imposed by the US: “Our objective is a negotiated solution”, she said. However, Europe has “a strong plan to retaliate and we will use it”, she added. Ms von der Leyen also committed to diversify EU relationships with other partners and to “unchain the single market”. She announced that the Commission would be tabling proposals during the coming month to remove single market barriers and prevent new ones from appearing.

    Interventions by MEPs

    With regard to US tariffs, many MEPs stressed the need to boost the EU’s strategic autonomy and resilience. To achieve this, they wanted to see a simplified market economy, to be achieved by reducing the administrative burden. However, some warned that economic reforms should not undermine the green deal’s objectives.

    Referring to Ukraine, many MEPs called for enforcing sanctions on Russia, the use of Russian frozen assets to rebuild Ukraine, and reinforced security commitments for Ukraine. Others stressed that equal attention must be given to the situation in the Middle East, warning against double standards in EU foreign policy.

    Some MEPs criticised Hungary’s stance within the European Council, arguing that by blocking decisions it was undermining the Union’s ability to act effectively in times of crisis. Concerns were also raised over democratic developments in the country, with calls for action to protect fundamental rights and European values.

    On migration, several MEPs stressed the need for a coordinated approach on returns, advocating for safer and more efficient return pathways. They also called for stronger partnerships with countries of origin, to address the root causes of migration.

    You can watch the debate here.

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Commission White Paper for European Defence – Readiness 2030 – P-001284/2025

    Source: European Parliament

    Priority question for written answer  P-001284/2025
    to the Commission
    Rule 144
    Siegbert Frank Droese (ESN)

    The Commission White Paper for European Defence – Readiness 2030 addresses the need to strengthen the European defence industry. As the current conflict between Ukraine and Russia shows, modern warfare is also a question of manpower. However, the White Paper primarily focuses on creating a better regulatory and financial environment for the defence industry. Furthermore, it makes reference to nuclear weapons only in connection with the threat posed by China and Russia – not in terms of Europe’s own deterrence needs. There does not therefore seem to be any notion as to how the strategic plan set out in the White Paper is to help Europe counter the threats posed by these devastating systems.

    • 1.Does the Commission consider that joint mobilisation remains the prerogative of NATO, given that the European defence strategy depends on the armed forces of its Member States?
    • 2.EUROMIL – the European Organisation of Military Associations and Trade Unions – has called for the introduction of minimum standards for all European armies. Does the Commission regard that as a necessary step towards establishing a common European defence strategy?
    • 3.Should the lack of a nuclear strategy in the Commission White Paper be construed as meaning that Europe is still dependent on NATO as regards nuclear deterrence?

    Submitted: 27.3.2025

    Last updated: 1 April 2025

    MIL OSI Europe News –

  • MIL-OSI Russia: NSU Judokas Take Third Place at Universiade

    Translartion. Region: Russians Fedetion –

    Source: Novosibirsk State University – Novosibirsk State University –

    Judo is another sport of the 48th Universiade of Higher Education Institutions of the Novosibirsk Region, which added a fourth bronze medal to NSU’s team standings. More than 130 athletes from 12 universities took part in the competition in 8 weight categories for men and 7 categories for girls.

    In the individual competition, our students won 5 medals in different weight categories.

    Second places were taken by:

    Nikita Biryuchkov (GGF)

    Sofia Lisitsa (GI)

    Sofia Balashova (FIT)

    Ksenia Burkova (MMF)

    Third place went to Arina Polyachenkova (IFP)

    Also competing as part of the NSU team were:

    Egor Vlasov, Polina Lobankova and Ivan Perfilov (EF)

    Ivan Rogov and Ksenia Pogorelova (GGF)

    Vladimir Tkachev and Andrey Kirilenko (MMF)

    Artem Urukov and Egor Semenov (FF)

    Alexey Seleznev and Artem Chuvashov (FIT)

    Vladimir Mokichev and Evgenia Malakhovskaya (FEN)

    Leonid Grobivkin (GI), Gleb Zhilin (IIR), Sergey Budyakov (IFP) and Ivan Zaguzin (IMPZ)

    Congratulations to athletes and coaches Anastasia Pyankova and Sergey Tsvetkov on their successful performance!

    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: GUU at the exhibition “Postupi 25/26”: all about programs, internships and employment prospects

    Translartion. Region: Russians Fedetion –

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

    On March 29, the State University of Management took part in the regional educational exhibition “Postupi 25/26”, which was held in Vidnoye with the support of the Chamber of Commerce and Industry of the Moscow Region.

    In total, the exhibition was visited by 3,500 people, most of whom were schoolchildren in grades 8-11. The event was attended by 50 leading universities and colleges in Moscow and the Moscow region.

    The State University of Management presented its unique bachelor’s degree programs.

    Throughout the day, consultations were held by the Rector’s Advisor Nikolai Mikhailov, the Head of the Department for Organizing the Admission of Applicants Ezizkhan Dzhumaev and an employee of the Career Guidance Center Natalya Smirnova.

    Schoolchildren actively asked questions of interest to them and received complete answers about admission, education and the SUM campus.

    We wish good luck to future applicants and will be glad to see them among the students of the State University of Management!

    Subscribe to the TG channel “Our GUU” Date of publication: 04/01/2025

    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: The GUU team won bronze at a prestigious logistics tournament in English

    Translartion. Region: Russians Fedetion –

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

    Students of the State University of Management became prize winners of the XI International Student Tournament in Logistics in English LOGISTIC OPEN TOURNAMENT – 2025.

    The first management was presented by a team of 3rd year students of the program “Logistics and Supply Chain Management”, which included Georgy Ermoshin, Karina Ismailova, Elizaveta Moiseenko, Sergey Koshelev, Vladislav Naavgust.

    The experts were representatives of the following companies: RST, Transit, Okey, KhimPartners LLC, Teva, ALTRA FORWARDING LLC, Sellwell, PROVE GROUP LLC, Major Cargo Service.

    At the first stage, the participating teams solved a practical business case from the company NOYTECH Logistics RUS.

    The second round of the tournament tested the participants for their readiness for the realities of business: in the format of blitz negotiations, they sought compromises in difficult situations – overload, loss of goods, financial risks… The jury members assessed not only linguistic training, but also the ability to persuade, argue and find a way out of difficult situations.

    The GUU team coped with the tasks with dignity and deservedly took third place.

    We congratulate our talented students and wish them further professional success!

    Subscribe to the TG channel “Our GUU” Date of publication: 04/01/2025

    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: Sergei Sobyanin: The Moscow Innovator Competition Sets a Record for Registration Rates

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Seven weeks to the competition “Moscow Innovator” More than two thousand people applied. This is twice as many as last year, Sergei Sobyanin said in his telegram channel.

    “Scientists, technology entrepreneurs, inventors and innovators aged 14 and over can take part and offer their innovative ideas, either individually or in a team of up to five people,” the Moscow Mayor wrote.

    Source: Sergei Sobyanin’s Telegram channel @Mos_Sobyanin 

    The competition has three nominations: “Project of the Future”, “Reality Changers”, “Innovation Leaders”. To reach the final, participants must prove the science-intensive, innovative and economic potential of their developments.

    This year’s applications include many promising projects. One of them is a biopolymer implantable membrane for endoprostheses. Its structure resembles living tissue, which reduces the risk of complications and significantly speeds up recovery after operations. Another capital development is a mobile device for quickly assessing the chemical composition of soil and water. It also controls the supply of moisture and fertilizers, ensuring effective management of agricultural processes.

    36 winners and finalists will receive prizes from 100 thousand to 1.5 million rubles depending on the nomination. In addition, they will be helped in commercializing their developments and creating their own technology business.

    Applications can be submitted until May 5th. on the website Moscow Innovation Cluster.

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  • MIL-OSI Russia: MIL Report – Five best articles in Russian for 31.03.2025

    MIL Analysis: Here are the top five Russian language articles published today. The analysis includes five key articles prioritized at the moment.

    In today’s analysis, credit and loans are trending toward new restrictions and changes. Consumer demand in loans and credit is growing.

    The State University of Management provides foreign students with the opportunity to get acquainted with the culture of Russia. In addition, scientists at NSU are working topically with the computerization of the tomograph.

    Rosneft continues to actively support various organizations for the benefit of animals and people across Russia.

    You can read one of the articles below.

    1. Financial news: From April 1, the restriction of the TCOP on consumer loans and credits is renewed (28.03.2025).

    The full credit cost (FCP) under consumer credit (loan) agreements concluded or amended from April 1, 2025, shall not exceed the average market value for the relevant category of credit (loan) by more than one third. Limitation of the CCP will help to control the growth of loan rates, which will ensure the protection of people’s interests.

    2. Financial news: MFIs’ loan portfolio grew by more than 40% in 2024.

    The loan portfolio of microfinance organizations reached RUB 624 billion last year, a growth stimulated by increased consumer demand.

    More than half of the loans were medium-term, the value of the full cost of the loan is close to bank rates. Such loans were issued, among other things, to purchase goods on marketplaces. The share of the most expensive short-term loans “up to salary” decreased from 34% to 25% over the year.

    3. Cultural adaptation of foreigners: GUU students visited the Museum of Time and Clock.

    Students of the State University of Management, who came to study in Russia from Vietnam, India, China, Nepal and Ethiopia, visited the Museum of Time and Clock.

    4. NSU scientists for the first time in the Urals studied ancient bone knives on a computer tomograph.

    In the Laboratory of Nuclear and Innovative Medicine of the Faculty of Physics of NSU the research of archeological finds from the museum collections of the Institute of Archeology and Ethnography of the Siberian Branch of the Russian Academy of Sciences is carried out using a computer tomograph. Until recently, this device was used by research workers of the laboratory in preclinical studies of non-trophic therapy to examine animals and solve similar problems. However, the technical capabilities of the CT scanner allow to examine not only biological but also non-biological objects. Computed tomography of composite bone and horn composite implements of the late Pleistocene-early Holocene is currently underway.

    5. With Rosneft’s support, an accreditation center was modernized at Medakadamiya Yugra.

    “Samotlorneftegaz”, one of the largest production assets of Rosneft, provided financial support for modernization of one of the key units of Khanty-Mansiysk State Medical Academy – Simulation and Accreditation Center. The project was implemented under an agreement between Rosneft and the Government of Khanty-Mansi Autonomous Okrug-Yugra.

    Learn more about MIL’s content and data services by visiting milnz.co.nz.

    Regards MIL!

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  • MIL-OSI Russia: How Moscow schoolchildren and teachers support SVO participants

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Moscow schoolchildren and teachers regularly support participants in the special military operation (SVO). In addition to collecting humanitarian aid, they visit soldiers in hospitals, hold concerts and give gifts. This was reported by the press service Department of Education and Science of the City of Moscow.

    “Schoolchildren, parents, and teachers participate in the humanitarian aid collection campaigns. Food packages, medicines, warm clothes, and personal hygiene products are given to soldiers and residents of new regions. In addition, children write letters to Russian servicemen. They thank the soldiers for their exploits, wish them success and a speedy return home. In addition, the children meet with the heroes of the SVO and visit them in hospitals,” the department’s press service said.

    Thus, volunteers from School No. 1360 visit the Central Military Clinical Hospital named after P.V. Mandryka every week. Teachers bring there fruits, letters from children and souvenirs. The soldiers warmly accept these gifts and make return ones. For example, the school museum now houses a wooden tower assembled by a serviceman from matches and posters with parting words for students.

    “Visiting the soldiers in the hospital is a very important and touching event. Their courage inspires us. We always pass on words of gratitude from the defenders to the schoolchildren. Children should know about their feat!” said Tatyana Kuvshinova, director of school No. 1360.

    Volunteer detachment of school #1164, created at the beginning of the SVO, works in one of the capital’s hospitals. Deputy Director for Educational Work Natalia Moskalenko has completed training and now serves as a nurse. High school students have also actively joined the work. For example, 11th grade student Vasilisa Kostenko helps medical personnel in hospitals: she applies bandages and accompanies soldiers to procedures. The servicemen note that such support gives them strength.

    Principal of School No. 1164 Mikhail Klochikhin noted that it is important to instill in children a sense of responsibility, respect for other people and an understanding that help is not a gesture of goodwill, but an important part of life. He is sure that such projects are the best lesson in citizenship. The children see how they can really support others with their efforts. And it is important for the fighters that they do not go unnoticed.

    School No. 117 cooperates with a military hospital in Donbass. Parents, students and teachers collect medical supplies: antiseptics, bandages, catheters and medicines. Such assistance is especially in demand before the holidays. Thus, on the eve of the New Year, the soldiers were given 100 pieces of medical pants and posters with congratulations.

    Svetlana Sologdinova, Advisor to the Director for Education at School No. 117, noted that such events are a way to thank those who defend our country. According to her, the school regularly helps hospitals and supports the fighters not only with medicines, but also morally. “This is an important mission, because their lives and health depend on it. Everyone who participates makes our world a kinder place,” Svetlana Sologdinova added.

    In addition, the V.S. Loktev Song and Dance Ensemble, which operates at the Moscow Palace of Pioneers on Vorobyovy Gory, performs in the capital’s hospitals. The group regularly holds concerts at the prosthetics and comprehensive rehabilitation center of the Moscow medical clinical center “Voronovskoye”. At the end of February, multiple world and European champion in sambo and sumo Igor Kurinnoy took part in one of them. Such meetings help to lift the spirits of patients.

    Patriotic events for young people correspond to the objectives of the projects “We are together” and “Russia is a country of opportunities” of the national project “Youth and Children”.

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  • MIL-OSI Russia: Flooded Memory. What the exhibition “Northern Atlantis” will tell about

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    An exhibition has opened in the palace of Tsar Alexei Mikhailovich in the Kolomenskoye Museum-Reserve “Northern Atlantis”Its idea is to show the diversity and integrity of the culture of the Russian North.

    Atlantis is a myth and a metaphor, but there is a modern incarnation of it — the flooded village of Krokhino, to which a separate hall is dedicated at the exhibition. And the geography of the exhibition covers the former Olonetskaya, Arkhangelskaya, Vologda and Novgorod provinces. What to pay special attention to at the exhibition — in the material from mos.ru.

    “Northern Atlantis”: a journey through the Russian North

    What is the Russian North? The exhibition offers an answer in the form of a large artistic journey. The visitor goes along the path of merchants, pilgrims and explorers. The first hall introduces the context: here you can understand the main features and traditions of the Russian North. Then begins the movement through the provinces, built like a rafting trip along the northern rivers.

    The exhibition brings together items from the museum’s collections, the Russkie Nachalo studio, and the Krokhino Cultural Heritage Revival Center charity foundation. They are connected with the lives of people who inhabited the northern lands — free peasants. “There was never serfdom in the north, and there are vast spaces there. People lived freely,” explains Antonina Onishko, curator of the Northern Atlantis exhibition.

    Krokhino: where history is pieced together from fragments

    At the bottom of the Sheksna River, among the marsh grasses and foundations washed away by the waves, lies a submerged memory of the Russian North – the village of Krokhino, once a thriving settlement on busy waterways. Such villages are our Atlantis. Krokhino was mentioned as early as 1426, and in the 18th century it received the status of a posad, that is, a city. In 1909, Sergei Prokudin-Gorsky, a pioneer of color photography, shot scenes of peasant life here. His works are given special attention at the exhibition.

    In 1964, during the construction of the Volga-Baltic Waterway, the village was flooded. Now only the Church of the Nativity of Christ rises above the water. Vasily Shukshin filmed this church in Kalina Krasnaya, emphasizing the state of the film’s hero, who has lost the ground under his feet.

    “There is a certain fairytale quality to Krokhino: artifacts lie underfoot. The earth itself returns history to us,” says Anor Tukaeva, director of the charitable foundation “Center for the Revival of Cultural Heritage “Krokhino”. The foundation has been preserving the Krokhino heritage for 15 years. Volunteers live in the marshy area next to the flooded village for several months at a time. They have no electricity, but they have solar panels, a campus they built themselves, and a great desire to return the memory washed away by the water.

    “Spas Krokhinsky” – this is what volunteers call a mosaic icon assembled from fragments of frescoes of a church that stood in water for 60 years. “It could have been just construction waste, but the artist Bogdan Lavrinenko felt that they should form the face of the Savior,” says Anor Tukaeva. Nearby is a miraculously preserved artifact: a straw cutter from the late 19th century, brought from the Kingdom of Poland.

    “It was found in the ruins under the roots of a tree that grew on the remains of the foundation of a dismantled house. Wealthy peasants ordered such machines from catalogues. Perhaps they used them to cut straw from krokhinka, local wheat,” Anor Tukaeva shares.

    In Krokhino, they actually bred a variety of wheat, and it still exists. Why is it important to know this? “Preserving heritage is a basic need. The 20th century taught us to break with the past, but preserving memory is something very basic, very human,” Anor Tukaeva is sure. Thanks to the efforts of specialists, the past has also received a voice: at the exhibition, you can listen to recreated wedding songs of the village. The project to reconstruct the songs and costumes took more than two years.

    Northern fairy tale in pearls and dresses

    River pearls shimmer in the exhibition halls – this was a traditional craft, now, alas, lost: there are no more pearls in the northern rivers. Earrings from the mid-19th century were given to the studio “Russkie Nachalo” by a family from the Arkhangelsk village of Nenoksa. The jewelry is part of an amazing puzzle of traditional costumes of Pomorye. They have almost not survived in their entirety – the craftswomen of “Russkie Nachalo” have been restoring the outfits of northern women for more than 25 years.

    “I came up with a game. I ask everyone who comes here a question: find a new costume,” says Tatyana Valkova, head of the Russkie Nachalo studio. It is really hard to guess – the fabrics, tools and techniques are the same as 150 years ago. Researchers do not just sew replicas of old outfits – they study museum collections, go on ethnographic expeditions, talk to villagers, and recreate the life in which the costume existed.

    An unusual element of the northern costume is knitted gloves. They do not seem very practical for peasant life, but in the village of Nenoksa there is a special way of life. “They did not consider themselves peasants,” explains Tatyana Valkova. “The settlement of Nenoksa, known for its saltworks, was a rich place, which means that they adopted urban traditions, including fashion.” The gloves were literally recreated loop by loop according to an ethnographic model.

    One of the most complex and beautiful is the girls’ festive costume of the Kargopol district of the Olonetsk province of the late 18th century. This costume was literally assembled from fragments: in one museum they saw a fragment of embroidery, in the second – a beautiful headdress (only five of these have survived).

    For the costume of the Shenkursk district of the Arkhangelsk province, the pattern was taken from the originals in the Arkhangelsk Museum of Local History in January of this year. The crown (headdress) was made by the master Susanna Savinyukhova several years ago, it repeats the sample of the late 18th century. To achieve the effect of full correspondence to the original, the master worked with genuine sequins and glass decorations from the 19th century.

    Red color of the North

    The sky is grey, the nature is strict, and the dresses of northern women are bright, especially with a lot of red. “Even everyday sarafans were woven from red and white threads, as if charged with the energy of color,” notes Tatyana Valkova. This contrast, one might say, is the essence of the entire northern heritage: behind the external severity is an incredible life force.

    How did our ancestors live? Hard and miserable or gilded and fabulous? The truth is somewhere in the middle, in the details. Weaving, sewing, embroidering – hard work. But when coming to a festivities in a neighboring village, a northern woman could take several dresses with her. “She went to church in one outfit, had lunch in another, and for the evening the girl changed into a third. She wanted to show herself, her skills,” says Tatyana Valkova.

    “If you don’t embroider a peacock, you won’t get married”

    Kargopolsky Uyezd is the cradle of Russian embroidery. Tambour embroidery was called “mouse trail” here. “Because the small stitches – tiny, tiny – resembled the tracks of mouse paws,” explains Olga Klimova, a teacher at the “Russian Beginnings” studio. The drawings were transferred in unusual ways: if they found an old pattern on fabric, they would put wet material on it and transfer the outlines. They also drew inspiration from nature. “We would go into the house and the frost would decorate the windows with patterns, we would immediately copy the drawing and embroider,” explains Olga Klimova. The ability to embroider was very important. “If you don’t embroider a peacock, you won’t get married,” as people used to say.

    To forget is impossible to remember

    The Earth is returning to the flooded Atlantis. The foundation’s volunteers built engineering fortifications to preserve the crumbling temple. And they noticed: the marshy area began to recover – the water washes away the earth. And recently, the light was turned on again on the bell tower, surrounded by water. The Russian North is not a disappearing past, but a part of the cultural code that cannot be lost. It is easy to put a comma: we must not forget, we must remember.

    The exhibition “Northern Atlantis” is open until September 7. Buy tickets You can find it on mos.ru.

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  • MIL-OSI Russia: Light and music fountain in Gorky Park is being prepared for the opening of the season

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    City services specialists have begun cleaning and de-preserving the light and music fountain in Gorky Park. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “In anticipation of the opening of the fountain season, which traditionally begins in April, we are carrying out large-scale work to de-mothball and wash the fountain in Gorky Park. This is one of the largest and most famous fountains in Moscow, it is equipped with modern equipment, a hydraulic system, lighting, electronics and acoustics,” said Pyotr Biryukov.

    The work will be carried out by a team of public utilities. Specialists will clean the bowls, parapets and external engineering communications of the fountain with brushes and detergent. In addition, they will use high-pressure devices. Before starting work on the hydraulic structure, all structures in underground collectors, hydraulics, pumping equipment and jet-forming elements will be thoroughly checked.

    About two thousand engineering structures will be washed in Moscow after winterCity fountains have begun to prepare for the new season

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  • MIL-OSI Russia: How to make decisions in conditions of uncertainty in the transport sector: a report by a research fellow of the State University of Management at a national conference

    Translartion. Region: Russians Fedetion –

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

    A representative of the State University of Management made a presentation at the Plenary Session of the XXXVIII National (with international participation) scientific and technical conference “Operation and maintenance of automobiles, tractors and engines”.

    The conference took place in the city of Pushkin and was dedicated to the 95th anniversary of the founding of the Department of Automobiles, Tractors and Technical Service of the St. Petersburg State Agrarian University.

    The plenary session was attended by over 100 people – academicians and corresponding members of the Russian Academy of Sciences, including academician of the Russian Academy of Sciences, director of the Center for Management of Technologies in Bioengineering of the State University of Management Otari Didmanidze, as well as famous scientists, teachers, employees of research and educational organizations and institutions, manufacturers and dealers of agricultural machinery and equipment for the agro-industrial complex and mechanical engineering of the Russian Federation, representatives of government bodies and businesses.

    In his scientific report on “Methods of decision-making under uncertainty for applied problems of vehicle operation”, Chief Researcher of the Scientific Research Coordination Department of the State University of Management Alexey Terentyev presented to the scientific community original analytical models for removing uncertainty in complex organizational, economic, technical and social systems. The decision-making methods developed on the basis of these models allow expanding the capabilities of existing correlation and regression methods in terms of their application to conditions when the processes under study do not obey the known stochastic laws of distribution of random variables.

    The topic of the report was recognized by the participants of the Plenary Session as relevant, and the developments were widely in demand in practice, since conditions of uncertainty currently accompany any information situations related to the functioning of research objects that are significantly influenced by environmental factors (ranging from AI models for technical objects in various external environments to management models for complex organizational systems at the level of an economic sector or state).

    Other reports presented at the plenary session discussed the results of research in the field of agricultural machinery, aimed at improving the technical, economic, environmental, operational performance, technical service and repair of cars, tractors and engines.

    Subscribe to the TG channel “Our GUU” Date of publication: 04/01/2025

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  • MIL-OSI Russia: “Startup as a Diploma”: Make Your Idea Real and Get Support

    Translartion. Region: Russians Fedetion –

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

    The State University of Management invites students to join the All-Russian competition “Startup as a Diploma”, which is operated by the State University of Management.

    The competition will give you the opportunity to take your startup to a new level, receive feedback from experts and mentoring support.

    Students in their final years or graduates of bachelor’s, specialist’s, or master’s degree programs who have been admitted to defend or have already defended their final qualification work in the “Startup as a Diploma” format in the 2024/2025 academic year can participate.

    Both individual and collective applications from student teams of no more than five people are accepted.

    The finalists will receive expert support and useful events from the competition organizers:

    Intensive work on your project with mentors and experts Improving public speaking skills to defend your project Meeting with representatives of the business community Active networking, new useful contacts and connections Events from the Competition partners Final pitching of your project to representatives of the business community and potential investors Valuable prizes and gifts

    More details about the prospects that await the TOP-50 projects and the Competition Finalists are provided in the attached cards.

    You can apply for participation until April 20 on the official website, and you can conveniently follow the news in the Telegram channel “Startup as a Diploma”.

    Subscribe to the TG channel “Our GUU” Date of publication: 04/01/2025

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  • MIL-OSI Russia: Develop, but not restrain: HSE experts believe that digital platforms need a framework law

    Translartion. Region: Russians Fedetion –

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

    Over the past decade, the world has seen an explosive development of the platform economy, the scale of which can be compared to the industrial revolution. However, not a single country has yet been able to develop a harmonious practice for regulating this phenomenon. As a result of the study, HSE experts concluded that a unified legislative framework is needed that will ensure both the protection of consumer and state rights and the development of platforms.

    HSE Academic Director Yaroslav Kuzminov, Vice-Rector, Professor of the Faculty of Law Alexey Koshel and Lecturer Department of Policy and Management Faculty of Social Sciences Ekaterina Kruchinskaya proposed a conceptualization of types of regulation of digital platforms based on a qualitative analysis of domestic and foreign experience. Scientific article “Regulation of digital platforms as Bona fides: from economic efficiency to the norm” published in the journal “Issues of State and Municipal Management”.

    Currently, economic institutions of all countries are undergoing a major transformation, and at its center are digital platforms, the authors of the article note. Online trade has near-zero transaction costs compared to traditional trade due to instant access to product information and the ability to quickly make a purchase.

    E-commerce has been growing exponentially since 2010. In 2013, the global B2C e-commerce market reached $1.2 trillion, and the B2B market reached $13 trillion. In 2017, the total value of platform companies with a market capitalization of over $100 million exceeded $7 trillion, which is about 20% of global GDP. And this trend will continue, according to expert estimates, until 2029.

    Three countries have a well-developed market of national digital platforms: the United States, China, and Russia. The total contribution to the economy of four ecosystem companies in the United States that operate on digital platforms is about 20% of the share capital of publicly traded companies. The added value of the main sectors of the digital economy is at least 8% of China’s GDP. In Russia, according to expert estimates, the total contribution of digitalization to GDP growth from 2024 to 2030 may amount to 2.7 p.p. to 6.7 p.p. The largest players in the platform market are also the European Union, the Republic of Korea, and India. These countries do not have their own global digital platforms; international ones operate successfully on their territory.

    At the same time, in each country, the development of digital platforms occurs along its own trajectory, not only due to their adaptation to economic conditions, but also largely due to the legislation in force in this area.

    “The need to set regulatory frameworks for the activities of digital platforms is due to the fact that the main component of the effective functioning of the market, along with low transaction costs, is the definition of the boundaries of property rights. If such boundaries are not defined, there is a fairly high risk of platform opportunism, as well as lost benefits for the state in the form of lost tax revenues – a classic case of lost benefits according to Pigou. This leads to Pareto non-optimality: the gain of platforms does not always compensate for the losses of other market participants, which is a failure for the state in the medium and long term,” the article notes.

    The authors are convinced that clear and transparent rules established by law are necessary for the market to function effectively. At the same time, the degree of government intervention should not be excessive, so as not to harm the development of the industry. Regulation of digital platforms should create conditions under which all market participants — platforms, users and other stakeholders — would be interested in cooperation, and not just in satisfying their own interests. To date, this condition has not been achieved.

    Around the world, the legal regulation of digital platforms is still the subject of debate that has been going on for more than a decade.

    “Unlike the traditional economic model, the digital environment with its virtual, multi-level and opaque nature creates information asymmetry, complicating the protection of consumer rights. In this regard, the level of protection of personal data and consumer rights becomes a factor in the sustainability of both the digital and traditional economies, and in some cases, a factor in national security,” the article says.

    Scientists have identified two opposing paths in the development of digital economy regulation. The first is strict regulation of personal data protection and antitrust regulation with moderate regulation of platform employment. The second is strict regulation of quality control and personal data protection with moderate self-regulation of digital platforms. Both do not sufficiently take into account the interconnectedness of different spheres.

    In general, the legislation on digital platforms is poorly balanced. There is still no example of a single framework law in this area that would define the rules of the game for digital platforms in a number of key supporting provisions. The legislator most often reacts to an industry precedent by making targeted changes to individual regulations. Such regulatory practices, based on norms that are not coordinated within the jurisdiction, increase the risk of conflicts and lead to instability in the development of the platform economy and its inefficiency.

    According to the authors, given the scale of development of the platform economy and its widespread penetration into various industries, the need to adopt a framework law is obvious. Industry regulation is necessary as a secondary mechanism complementing the basic law.

    It is important that regulatory measures are proportionate and do not create unjustified barriers to market entry or the development of existing platforms.

    “To achieve regulatory balance, a shift from reactive to proactive legislation is needed, based on the principles of fundamental integrity, but with a demonstration of flexibility and adaptability,” the authors of the article conclude.

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  • MIL-OSI Russia: The Polytechnic University hosted the case championship “Business Solutions — Result Technologies”

    Translartion. Region: Russians Fedetion –

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

    The case championship “Business Solutions — Result Technologies” was held at the Institute of Industrial Management, Economics and Trade of Peter the Great St. Petersburg Polytechnic University. It was organized by the Center for Team Building and Project Solutions of IPMEiT together with the international company “First Bit”. Multipotential teams of IPMEiT students presented their solutions to the expert jury.

    The event was opened by the Director of IPMEiT Vladimir Shchepinin: The case championship is held as part of the interaction between IPMEiT and employers. The main goal of this interaction is to reduce the gap between the education system and the requirements of the modern labor market. The key goal of today’s event is to give students from different fields of study the opportunity to solve an important practical problem formulated by the employer. Today, students will demonstrate not only their significant skills to a professional jury, but also prove that any complex problem must be solved comprehensively, multi-faceted, by different specialists. This academic year, IPMEiT will defend 21 projects as final qualifying work at the request of the employer, where in this way it is no longer a separate case that is solved, but a complex problem of the employer. Students develop programs and program portfolios to improve the activities of real enterprises. We hope that the strategic result of today’s event will be long-term cooperation with the international company “First Bit”.

    Leading HR manager of the company “First Bit” Egor Mkritchyan, thanking the organizers of the championship, emphasized: Our goal is to build a bridge between the theoretical knowledge base and practical skills that are in demand in the labor market. Such events contribute to this.

    Tatyana Chernyak, the First Bit project manager for work with universities, analyzed the teams’ work and noted: We are happy to provide students with the opportunity to work on real business cases. This became possible thanks to the support of our employees. It is nice to see how students confidently answer complex questions and do not get lost in difficult situations. We strive to continue to support students in solving current problems and implementing projects so that they enter the labor market with confidence and readiness for any challenges.

    The case championship became an important stage in the process of training highly qualified specialists ready for the challenges of the modern market. IPMEiT students were able to apply the acquired knowledge in practice, gained experience working in a team and learned how to effectively present their ideas. The participation of representatives of the First Bit company gave students the opportunity to communicate and exchange experiences with representatives of real businesses and learn about the prospects for cooperation with the company. All teams were awarded diplomas and memorable prizes.

    The winner of the case championship was the team “PoliMind” under the leadership of Associate Professor of the HSE IPMEiT Yulia Akimova. The jury members noted the systematic, comprehensive approach and the deepest understanding of business processes in the performance of this team. The second-degree winners were the team under the leadership of Associate Professor of the HSE IPMEiT Sergey Krasnov. The jury members noted the strategic vision in solving the case. The third-degree winners were the team under the leadership of Associate Professor of the HSE IPMEiT Alex Krasnov. This team received the audience sympathy prize “Case of Sympathy”, established by the Center for Team Building and Project Solutions, for the most original and creative approach.

    Deputy Director of IPMEiT Anna Chernikova emphasized: IPMEiT has long been an innovative platform where new interesting approaches and projects in educational activities are tested. Training multipotential teams is one of such educational innovations. Within the framework of the case championship, several important tasks were solved – to implement the format of project work at the request of a qualified customer, to demonstrate the possibility of implementing projects by multipotential teams and to receive an assessment of the training of our students. I believe that such events are not only interesting and useful, but are a necessary element of the educational process.

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  • MIL-OSI Russia: We are together! Polytechnic conducted excursions for SVO fighters

    Translartion. Region: Russians Fedetion –

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

    The Polytechnic hospitably welcomed the SVO participants who are undergoing treatment at the 442nd District Military Clinical Hospital. The fighters were given fascinating excursions with an immersion into the history of the university and the contribution of the Polytechnics to the development and prosperity of our country.

    I am grateful to fate that I ended up in St. Petersburg, and also in the leading engineering university of the country. Unexpectedly for myself, I discovered many historical facts that I did not even know about. For example, about the previously classified scientist, three times Hero of Socialist Labor of the USSR, Soviet designer of armored vehicles, nuclear weapons and the hydrogen bomb Nikolai Dukhov. I have never been so impressed by what I heard. And the dedication and involvement of the director of the Museum Valery Klimov showed how you need to know history, how you can love your alma mater, – said special military operation fighter Artem.

    The guests of the university visited the Polytechnic Museum, the White Hall, the Academic Council meeting room, walked through the portrait gallery on the first floor of the Main Building, and learned about its history. They learned about the outstanding contribution of polytechnicians to the development of science, technology, and industry in Russia.

    Thanks to such events, we pass on historical memory, preserve the country’s heritage. This is not only a tribute to the past, but also an important step in developing the culture of volunteerism and charity that have accompanied Polytechnic for more than a century, – said Tatyana Nam, Director of the SPbPU Dobro.Center.

    The tour allowed the soldiers to escape from their hospital routine, feel part of the academic community and recharge with positive emotions. For many, visiting the Polytechnic University was an opportunity to meet their brothers in arms, representing different regions of the country and combat units. At the end of the tour, the honored guests were presented with memorable gifts.

    I was surprised by the great designer, inventor of the legendary T-34 tank Mikhail Koshkin, who was a successful, hereditary confectioner, director of a factory. He decided at 30 to enter the Polytechnic, and after completing his studies, he realized that his calling was to work at the Kirov Plant. What a destiny! Such people motivate you to perform feats, – said SVO participant Alexander Nikolaevich.

    On March 28, the Family Living Room, a very touching and sincere meeting with the wives and mothers of SVO participants, was held at the Center for Social Assistance to Families and Children of the Kalininsky District. It was exciting to listen to their stories, to see the pride and sadness in their eyes at the same time. These families know the price of courage, because their loved ones go through difficult trials defending our country. Such meetings remind us that heroes are not only people fighting on the front lines, but also their families, who will always wait for their loved ones and believe in their victory.

    Irina and Elena have both a husband and a son at the front. Angela’s husband volunteered, having a reservation, and she stayed home with five children, and still manages to help other children by teaching English at a camp. Two participants of the evening turned out to be modest winners of the family, love and fidelity contest “Bereginya” among the wives of SVO participants. One participant was awarded the public medal “Mother of the Defender of the Fatherland”.

    #Mvvet provided volunteer support, presented small signs of attention to women and children, played with children, drank tea with treats, took part in pleasant master classes, talked with the fighters of the Espanyola unit.

    These and other events in

    The Center for Volunteer Projects “Harmony” expresses gratitude to the Polytechnic Museum, Vice-Rector for Youth Policy and Communication Technologies Maxim Pasholikov, Director of the Humanitarian Institute Natalia Chicherina for their support and development of volunteerism in the university environment.

    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: The Institute of Civil Engineering of SPbPU expands cooperation with China

    Translartion. Region: Russians Fedetion –

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

    At the end of March, at the invitation of the Chinese side, a delegation from the Civil Engineering Institute visited four universities in China. The Russian delegation included the director of the institute Marina Petrochenko, deputy director for international activities Mikhail Romanov and director of the Center for additional professional programs Ksenia Strelets.

    The Polytechnics visited Chang’an University in Xi’an. There, a ceremonial signing of a cooperation agreement between SPbPU and Chang’an University took place. From the Chinese side, the meeting was attended by Vice President for International Relations of Chang’an University Huang Guawen, Director of the School of Water Resources Management and Environmental Protection Professor Bei Bo, as well as Professors Luo Pingping and Li Junyuan.

    Following the negotiations, agreements were reached on organizing academic mobility programs for students in the areas of “Water Resources Management”, “Environmental Safety” and “Civil Engineering”. Initiatives were also discussed on holding guest lectures by teachers and developing joint programs of additional professional education with the possibility of internships at construction sites in China.

    Vice President Huang Guawen expressed confidence in the successful development of the partnership: Academician Li Peichen and President of Chang’an University Sha Aiming studied in Russia, so we are optimistic about the prospects of our cooperation.

    One of the key events was the open lectures of the teachers of the Civil Engineering Institute Ksenia Strelets and Mikhail Romanov for postgraduate students of Chang’an University. Mikhail Romanov shared his experience in the field of organizing water resources management in Russia and China. Ksenia Strelets’ lecture was devoted to the topic of sustainable development and assessment of the environmental impact of construction.

    Faculty from the Institute of Water Resources and the School of Water Resources and Environmental Management at Chang’an University have jointly developed an online course on Environmental Impact Assessment.

    The SPbPU delegation also visited the partner Xi’an University of Architecture and Technology. Its representatives gave their colleagues from SPbPU a tour of the laboratories, including a visit to the Research Center of the Institute of Civil Engineering. Unique installations and test benches for assessing seismic impacts on the structures of buildings and structures are presented there. In addition, the Russians visited the laboratory for cleaning polluted waters.

    During the negotiations with the Director of International Services Wang Chumei, Deputy Director Zhao Jingzhu and the person responsible for interaction with the CIS countries Wang Xiang, agreements were reached on developing a roadmap for interaction between the two universities. It will include academic mobility of students, joint research work, and summer and winter schools.

    Director of International Services Wang Chumei noted: Our universities have already established partnerships within the framework of the Silk Road Alliance of International Universities of Architecture and Technology. Now it is time to strengthen these ties in the areas of architecture and construction.

    Representatives of SPbPU received an invitation to participate in the conference of the Alliance of International Universities of Architecture and Technology of the Silk Road in May this year. An important part of the event was a visit to the international student office and dormitory located on the university campus.

    The next stop for visiting partner universities was Nanjing. The SPbPU delegation visited Nanjing University of Science and Technology, where they held talks with representatives of international services and professors of the construction and energy departments. From the Chinese side, the meeting was attended by the director of the international office department Chen Ji, deputy director of the international office Chen Dan, director of the institute of construction and technosphere safety Linlin Gu, professor of the institute of construction Bo Yao, professors of the institute of energy and electric power Jun Guan and Zhang Wen.

    Polytechnicians presented key scientific developments and projects in the field of modeling highways, bridges and tunnels, assessing the indoor microclimate of premises, environmental impact and technosphere safety. Director of the Institute of Construction Linling Gu spoke about the educational programs and areas of research activities of the department.

    A visit to the College of Ecology and Water Resources of Hohai University became a significant event for the development of international relations in the field of water resources management and hydropower. The meeting was attended by the Director of the College of Water Resources Hua Weng, the Director of the College of Ecology Yaping Li, teachers and students of the university. Marina Petrochenko gave a presentation about SPbPU and the Civil Engineering Institute.

    At the meeting, agreements were reached on preparing a cooperation agreement between SPbPU and Hohai University, conducting guest and implementing joint research projects in the field of water resources management, ecology and hydropower.

    The staff of all the above-mentioned Chinese universities have received invitations and will actively participate in the II International Conference “Civil, Industrial and Urban Construction – 2025” of the Civil Engineering Institute. It will be held on April 2, 2025.

    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: A month of cleaning and improvement has begun in the capital

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    The capital is hosting a traditional spring month of urban improvement. Work began on April 1, said Deputy Mayor of Moscow for Housing and Utilities and Urban Improvement Petr Biryukov.

    “Our main task is to quickly put all city objects in order after the autumn-winter period, without exception – from large engineering structures to the facades of residential buildings. Work is planned on landscaping, washing roads and public spaces, tunnels, bridges, overpasses, so that our capital meets the May holidays, the anniversary Victory Day beautiful and renewed,” said Pyotr Biryukov.

    City services specialists began washing roads, engineering structures and building facades back in March, thanks to favorable weather conditions.

    In April, it is planned to carry out a comprehensive cleaning of public areas and courtyards, update children’s and sports grounds, repair and paint benches, arrange flower beds and plant trees. In residential buildings, entrances, stairs and railings will be cleaned, external drainage systems, canopies over entrances, lighting and heating devices will be put in order.

    In addition, road services will update the markings, wash bus stops, noise protection screens, safety buffers, traffic lights, signs and pointers.

    Petr Biryukov reminded that citywide clean-up days will be held in the capital on April 12 and 26. Anyone can join in cleaning courtyards, parks and areas of social facilities.

    Cleanup days to be held in the capital on April 12 and 26 — Moscow Mayor

    To coordinate all events held within the framework of the month of improvement, a city headquarters was created under the leadership of Pyotr Biryukov.

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

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    https: //vv.mos.ru/nevs/ite/152046073/

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  • MIL-OSI Russia: Moscow company to increase production of energy equipment with city support

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Thanks to a preferential investment loan, a Moscow company will open production lines for automation systems, distribution devices for power plants, products for data centers and renewable energy. This was reported by the Minister of the Moscow Government, Head of the Department of Investment and Industrial Policy Anatoly Garbuzov.

    “With the assistance of the Moscow Fund for Support of Industry and Entrepreneurship, the capital’s manufacturer of energy equipment attracted a preferential investment loan of about 1.5 billion rubles. With this money, the company acquired a production complex of about 25 thousand square meters in the Biryulevo Vostochnoye district. Additional workshops for the production of uninterruptible power supplies, charging stations for electric vehicles and converters for renewable energy sources will be opened there,” said Anatoly Garbuzov.

    In 2024, the Parus Electro company developed the first domestic inverter for solar power plants with a capacity of 1,500 kilowatts. Currently, the company employs more than 350 specialists, in addition, it has its own R

    The production complex acquired with the support of the fund was built in 2006 for the production of base stations. In 2016, the territory of the enterprise was transformed into a technology park of the same name. The company is not simply modernizing existing lines, but is creating a new high-tech production, noted its CEO Maxim Zhovner.

    In total, in 2024, thanks to preferential investment loans, Moscow enterprises attracted about 120 billion rubles for production development. In 2025, the maximum size of a preferential investment loan in Moscow was increased from three to five billion rubles, and the preferential loan term was increased from three to five years. At the same time, the compensation is 50 percent of the key rate set by the Central Bank of the Russian Federation.

    To take advantage of the benefit, you must sign a loan agreement and then contact the fund. After the application is approved, a financial support agreement is concluded to compensate for part of the costs of paying interest on the loan. Then, depending on the terms of writing off the interest, the required amount is transferred to the company’s account in the bank where the loan is opened.

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

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  • MIL-OSI Russia: Reconstruction of a school in Bekasovo district completed

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    In the Bekasovo district of the Troitsky administrative district, the reconstruction of the building of school No. 1391 has been completed. In addition, an additional building for 550 places was built as part of the Targeted Investment Program. This made it possible to increase the total capacity of the educational institution to 900 students. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The reconstruction of the facility took place in two stages. During the first stage, an additional building with an area of over three thousand square meters was added to the school building. The next stage of the project affected the work in the main building – there, the facade, roof and all the rooms were repaired, internal and external utility networks, flooring, doors and window units were replaced. Specialists mounted partitions, installed video surveillance systems, notification systems and energy-efficient lighting. The adjacent territory was improved: green spaces were planted, lawns were laid out, a sports area was arranged and small architectural forms were installed,” said Vladimir Efimov.

    All work is carried out taking into account modern standards in the field of education, as well as new approaches to the design, construction and operation of buildings. The construction of schools, kindergartens, clinics and other social facilities is important for observing the principles of harmonious development of the city.

    “The school has modern universal and specialized classrooms with high-tech equipment, laboratories, a hall for events, workshops, a media library, and recreation areas. Access control, fire alarm, and evacuation management systems have been installed in the building. The institution has created the necessary conditions for adults and children with disabilities,” said the head of the capital’s Department for the Development of New Territories.

    Vladimir Zhidkin.

    The construction of the additional building was monitored Committee for State Construction Supervision of the City of Moscow. As the head of the department noted Anton Slobodchikov, specialists conducted 10 on-site inspections, in which experts from the subordinate Center for Expertise in Research and Testing in Construction participated. They were engaged in instrumental quality control of the work and materials used. Based on the results of the inspections, an official document was issued on the compliance of the facility with the requirements of the design documentation.

    Earlier, Sergei Sobyanin reported that about 150 social facilities will be built in 2025–2026.

    The construction of social facilities in Moscow corresponds to the goals and initiatives of the national project “Infrastructure for life”.

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  • MIL-OSI Europe: Piero Cipollone: Enhancing cross-border payments in Europe and beyond

    Source: European Central Bank

    Speech by Piero Cipollone, Member of the Executive Board of the ECB, at the Regional Governors’ Meeting

    Osijek, 1 April 2025

    As we gather here today in Osijek, we stand at a crossroads in the world of payments.

    Digitalisation is driving economic progress and transforming the way we make retail payments, yet there is growing frustration that the dramatic decline in IT and telecommunications costs has not been reflected in lower fees for cross-border payments in many parts of the world.

    This has proven to be an obstacle to economic integration, including in this part of Europe. For instance, a small business owner here in Croatia trying to make a €5,000 transfer to a supplier in a Western Balkan economy that is not part of the Single Euro Payments Area (SEPA) faces costs up to 12 times higher than when sending the same amount to a counterpart within SEPA.[1]

    Such disparities are a barrier to growth. Addressing them is a priority, not only to reduce costs but also to drive economic development and bring us closer together. This is why the expansion of SEPA is so important and a key milestone on the European integration path.

    Montenegro, Albania and North Macedonia recently joined SEPA.[2] This paves the way for the payment service providers in these countries to be operationally ready to offer SEPA transfers as of October[3], facilitating transfers in euro at a considerably reduced cost. We also very much support the efforts being made in the other Western Balkan economies towards joining SEPA.

    The pressing need to enhance cross-border payments is not just a regional concern, it is a matter of urgency worldwide. As international transaction volumes have surged, outstripping GDP growth, the economic toll of inefficient cross-border payments has continued to mount. Despite technological advancements and recent improvements, progress is heterogeneous across countries and cross-border payment transactions remain expensive and slow in many places.

    Moreover, the shifting geopolitical landscape has introduced a new dimension to this challenge. Rising geopolitical tensions have spurred initiatives to create alternatives to existing global infrastructure. This could lead to fragmentation of the global financial system into multiple, non-communicating blocs, which would further hamper the efficiency of cross-border payments and contribute to the refragmentation of trade and investment. In parallel, the emergence of stablecoins – which the United States intends to promote worldwide[4] – brings its own risks, including for currency substitution.

    The Eurosystem is responding proactively to these challenges in line with the G20 Roadmap for enhancing cross-border payments.[5] Our approach rests on two pillars: on the one hand, harnessing the potential of fast payment systems to enhance the efficiency of cross-border payments and deliver tangible improvements in speed and cost; on the other, continuing to respect the sovereignty and stability of our partners. This can be achieved by interlinking fast payment systems across countries. In other words, we are aiming to address inefficiencies and build lasting connections that are rooted in trade openness and balanced relationships with our partners – goals which have long been a hallmark of the European approach to economic integration.

    Today, I will focus on three points. First, I will examine the current state of cross-border payments. Second, I will discuss how geopolitical fragmentation is creating a further imperative to act. Lastly, I will present the Eurosystem’s strategic response to these challenges, which includes initiatives such as interlinking fast payment systems and exploring the possible use of a digital euro in third countries.

    The state of cross-border retail payments

    Over the past few decades, the world has witnessed a significant surge in cross-border payments, driven by the globalisation of trade, capital and migration flows. Cross-border payment flows are projected to double to €268 trillion by 2030.[6] But despite this significant expansion and the improvements that have resulted from international efforts, international payments too often remain prohibitively expensive and inefficient.[7]

    While domestic payments have undergone a digital revolution – becoming faster, cheaper and more accessible – cross-border transactions have yet to fully benefit from these technological advancements.[8] The average cost of international retail payments remains high: for nearly one-quarter of global payment corridors, costs exceed 3%. And in too many cases, cross-border payment is still slow: one-third of retail cross-border payments took more than one business day to be settled in 2024.[9]

    These inefficiencies raise three pressing issues that demand our attention.

    First, high costs and slow transaction times are undermining economic integration and growth. Small and medium-sized enterprises (SMEs), which form the backbone of many economies are disproportionately affected. For SMEs operating on tight margins, exorbitant fees are not just an inconvenience but a barrier that often discourages them from engaging in cross-border trade. According to research by the World Bank, in 2023 it cost SMEs about ten times more to transfer €5,000 between Western Balkan economies than between EU countries.[10]

    Second, the world’s most vulnerable groups – such as migrant workers sending remittances home – bear a disproportionate share of these costs. Remittances are a lifeline for millions of families worldwide, supporting one in nine people globally. Yet sending money home remains prohibitively expensive in many regions. The cost of remittances to the Western Balkan economies averaged 6.7% until recently[11], only slightly below the 7.7% paid in Sub-Saharan Africa[12]. The impact that reducing these fees will have on financial inclusion and well-being cannot be overstated. The World Bank has estimated that by meeting the global Sustainable Development Goal target of 3%, the Western Balkan economies would save approximately half a billion euros per year.[13]

    Third, the inefficiencies affecting cross-border payments have created a vacuum that alternative players, particularly in the crypto-asset space, are eager to fill. However, many of these solutions come with significant risks that cannot be overlooked. Unbacked crypto-assets, for instance, are highly volatile and speculative in nature, creating risks for unsuspecting households and businesses.

    Furthermore, the United States’ push to maintain the dollar’s global dominance through the promotion of stablecoins worldwide presents its own set of challenges. While stablecoins may be touted as the solution to a problem, they in fact create new problems that require a solution. Unless they are properly regulated according to the Financial Stability Board principles (as achieved in Europe through the Regulation on markets in crypto-assets[14]), they cannot guarantee convertibility at par value at all times and are susceptible to runs. They may thus destabilise the very system they are meant to improve. Also, because 99% of stablecoins are denominated in US dollar and their expansion could leverage the global customer base of big tech companies[15], they could considerably increase currency substitution risks, leading to “digital dollarisation”.[16] This would impair the effectiveness of domestic monetary policy and increase financial stability risks by amplifying capital outflows in response to negative shocks. This could have a destabilising effect on emerging markets and less developed economies, particularly small economies integrated in global value chains.[17]

    Geopolitical fragmentation

    That brings me to my second point: the fundamentally changed international order and its potential to fragment payment systems worldwide.

    Rising geopolitical tensions are reshaping the very foundations of cross-border payments and endangering the global rules-based system. This could challenge established correspondent banking networks and messaging systems such as Swift.

    At a time when we should be integrating payment systems to reduce their complexity and cost for users, separate platforms have sought to create alternatives to existing global infrastructures. This trend began as early as 2013 when Iran, in response to its exclusion from Swift, created its own messaging system. Russia followed suit in 2014 with the System for Transfer of Financial Messages after its annexation of Crimea. China’s Cross-Border Interbank Payment System, launched in 2015, has seen remarkable growth, with over 1,500 financial institutions using it in 2024, a number that has more than doubled since 2018.

    The pace of these initiatives has accelerated significantly since Russia’s invasion of Ukraine. In the past two years alone, we have seen nearly 20 new initiatives from countries in emerging markets aimed at bypassing Swift and western correspondent banks. At the BRICS Summit in October 2024, member countries agreed to explore the feasibility of establishing an independent cross-border settlement and depositary infrastructure, BRICS Clear.[18]

    These developments raise serious concerns about the potential fragmentation of the global financial system. We could face disrupted international capital flows and reduced efficiency as the system risks being splintered into multiple, non-communicating blocs.

    For the euro’s international role[19] to contribute to preserving a stable and integrated financial system, the euro needs to provide the benefits of a global public good.[20] We must ensure it can reliably connect various parts of the global payments system and deliver tangible benefits in terms of speed and cost, while respecting the integrity, sovereignty and stability of our partners.

    The Eurosystem’s strategy for efficient and open cross-border payments

    In this context, the European Central Bank (ECB), together with euro area national central banks, is promoting a strategy for the integration of global cross-border payments to address inefficiencies while maintaining openness. This strategy rests on two main initiatives.[21]

    Interlinking fast payment systems

    The first is the interlinking of fast payment systems. Over the past decade, central banks have made significant improvements to the backend infrastructure for facilitating payments, thereby fostering the digitalisation of domestic payment systems. As of today, over 100 jurisdictions worldwide have implemented their own fast payment systems.[22] There is already evidence that the global network of fast payment systems tends to be segmented along geopolitical lines[23], but interlinking these systems could help overcome this fragmentation and extend the benefits of digitalisation to cross-border payments.

    This approach offers several advantages. It would reduce costs, increase the speed and transparency of cross-border payments and shorten transaction chains. It would also enable payment service providers to conduct transactions without having to use multiple payment systems or a long chain of correspondent banks. Moreover, it would ensure that the platform to connect and convert currencies would be managed as a public good, thus avoiding closed loops and discriminatory pricing. Accordingly, the G20 Roadmap has identified interlinking as a key strategy for enhancing cross-border payments.[24]

    Europe serves as a compelling example of what this interconnected payments landscape might look like. Within the euro area, account holders can transfer funds instantly 24/7 through the TARGET Instant Payment Settlement (TIPS) service. A key feature of TIPS is that it is a multi-currency platform that settles instant payments within a payment scheme – the SEPA Instant Credit Transfer scheme – governed by uniform rules, standards and protocols, avoiding the risk of fragmentation.

    Taking advantage of this multi-currency feature, Sweden is already using TIPS for making fast payments in kronor.[25] Denmark will do the same as of this month[26] and Norway as of 2028[27].

    In October 2024 the ECB’s Governing Council decided to take concrete steps towards interlinking TIPS with other fast payment systems to improve cross-border payments globally.[28]

    First, a cross-currency settlement service will be implemented within TIPS. This will make it possible for instant payments originating in one TIPS currency to be settled in another. Initially, this service will enable cross-currency payments between the euro area, Sweden and Denmark.[29]

    Second, a cross-currency settlement service will be implemented for the exchange of cross-border payments between TIPS and other fast payment systems globally.[30] This will allow to explore interlinking TIPS with fast payment systems that have a compatible scheme, are interested in being involved and ensure full compliance with the standards set by the Financial Action Task Force to combat money laundering and terrorist financing.

    Third, the Eurosystem will explore connecting TIPS to a multilateral network of instant payment systems through Project Nexus, led by the Bank for International Settlements (BIS).[31] By connecting to Nexus, TIPS could evolve into a hub for processing instant cross-border payments to and from the euro area and other countries that are using TIPS.[32]

    Fourth, the Eurosystem is currently assessing the feasibility of creating a bilateral link with India’s Unified Payments Interface (UPI).[33] UPI has the highest instant payment transaction volumes in the world, with close to 500 million transactions per day[34], and India is among the top ten recipients of euro area remittances.

    We are going even further to address the situation in the Western Balkans, since most countries in the region do not yet have a fast payment system.[35] As a service provider for TIPS, Banca d’Italia is working with the central banks of Albania, Bosnia and Herzegovina, Kosovo and Montenegro to develop an instant multi-currency payment system based on TIPS software, with North Macedonia potentially joining at a later stage.[36] The new platform will make it possible to pay instantly within each country and across countries. It will also ease the path towards enabling instant payments between participating countries and the euro area.

    The international role of the digital euro

    Now let me turn to the second initiative we are exploring to enhance cross-border retail payments, namely the creation of a digital euro and its use in third countries.

    A digital euro would be a central bank digital currency, an electronic equivalent to cash. It would complement banknotes and coins, giving people an additional option that they could use free of charge for any digital payment across the euro area. It would work both online and offline in shops or when making person-to-person or e-commerce transactions. Moreover, it would provide a European infrastructure that could be used by private payment service providers to offer their own solutions across the continent, thereby fostering competition and innovation.

    While the digital euro would primarily be used in the euro area, it is worth considering its possible international use. The current draft legislation foresees an approach that respects the sovereignty of third countries, mitigates potential risks for them and offers them new opportunities.

    Non-euro area residents could have access to the digital euro when visiting the euro area temporarily by setting up an account with a European payment service provider. We also believe that we could enable merchants outside the euro area to accept digital euro payments from euro area residents.[37]

    Moreover, users outside the euro area could be granted permanent access to the digital euro subject to an agreement between the EU and third countries, complemented by an arrangement between the ECB and the respective central banks.[38]

    In any case, use of the digital euro in third countries would be implemented gradually and with the appropriate safeguards to ensure that it would be used primarily as a means of payment and would not stoke currency substitution. For instance, individual holding limits for users outside the euro area would not be allowed to exceed the limits set for euro area residents and citizens.

    Moreover, the digital euro’s design includes multi-currency enabling features similar to those of TIPS. In practice, this means that non-euro area countries could use the digital euro infrastructure to offer their own digital currencies, thus facilitating transactions across these currencies. The digital euro could therefore provide a solution for offering and transferring central bank digital currencies internationally and serve as a platform for innovation in cross-border payments. On this basis, the digital euro could facilitate cross-border payments and remittances, making them more efficient and cost-effective.

    Conclusion

    Let me conclude.

    We find ourselves at a pivotal moment in the evolution of cross-border payments. The current geopolitical landscape threatens to fragment our global payment systems, potentially leading to inefficiencies and reduced transparency. However, this challenge also presents an opportunity for positive change.

    The region where we are meeting today exemplifies the challenges we face, what we can achieve through collaboration and the potential for further progress.

    As we move forward, our goal is clear: we must develop safer, more accessible alternatives that make global payments cheaper, faster and more transparent, without compromising on integrity, stability and sovereignty.

    The time for action is now. Through innovation, interoperability and a commitment to open financial markets, we can build a global payment system that is resilient to geopolitical shifts and can support economic growth and financial inclusion worldwide.

    MIL OSI Europe News –

  • MIL-OSI Russia: To the team of Channel One

    Translartion. Region: Russians Fedetion –

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

    April 1, 2025 marks 30 years since the channel began broadcasting.

    Dear friends!

    I sincerely congratulate you on the 30th anniversary of Channel One.

    Over these decades, it has become an integral part of the lives of several generations of Russians and has made a significant contribution to the development of national digital broadcasting.

    Today, Channel One is the flagship of our country’s media space, preserving the best traditions of journalism, setting a high standard of quality and modern trends in domestic television, and actively introducing advanced technologies and innovative solutions.

    Thanks to the professionalism of the channel’s employees, dedicated to their work, and the desire to constantly improve, high-quality and popular content is created, which gathers millions of viewers in front of their screens. For many years, your news has remained a reliable source of up-to-date information about current events in the country and the world. And analytical, educational and entertainment programs, large-scale television projects are extremely popular with audiences of all ages.

    I wish you further creative success, the implementation of innovative ideas and all the best.

    M. Mishustin

     

    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: New blow to fraudsters – Rosfinmonitoring will block drop cards

    Translartion. Region: Russians Fedetion –

    Sours: Mainfin Bank –

    How will Rosfinmonitoring block dropper cards?

    Rosfinmonitoring’s powers will be expanded in June 2025 – the service will begin to suspend clients’ transactions banks if illegal activity is suspected. According to the department’s management, blocking will be carried out under the following conditions:

    the service will be able to quickly identify droplets providing cards for transfers and cash withdrawals; a request to block a suspicious account will be sent to the bank; suspension of service is possible for a period of no more than 10 days; mass blocking is not expected – only persons participating in dubious schemes will be at risk; the measure is intended to combat not only mules, but also the organizers of criminal businesses, increasing the costs of conducting illegal activities.

    “Rosfinmonitoring does not plan to conduct mass blocking of cards – each case will be scrupulously checked, and decisions on restrictions will be made only on the basis of reliable data on fraud,” the head of the financial intelligence service noted.

    Let us recall that it was droppers who “helped” criminals illegally cash out over 40 billion rubles in 2024. The number of people involved in dubious schemes exceeds 2 million people – some of them do not fully understand that they are participating in criminal activity.

    What other measures to combat drops are being discussed in Russia?

    Rosfinmonitoring is not the only agency planning to introduce new methods to combat fraud. Other agencies have previously announced increased control in the industry:

    The Central Bank of the Russian Federation is preparing to launch a platform with information about individuals – if the risk level is high, banks will be able to refuse to enter into an agreement with a problematic client; the Ministry of Internal Affairs plans to introduce criminal liability for mules, including confiscation of the property of these individuals; the Bank of Russia wants to limit the number of bank cards opened in the name of one person – the extension of the validity period of the plastic will be possible only with the personal presence of the holder in the office.

    At the same time, so far, it is the fraudsters who are winning the fight against law enforcement agencies, and the existing protection measures are not effective enough. At the same time, the restrictions being developed, as experts fear, may also affect honest citizens – blocking is possible as a result of an error.

    09:30 01.04.2025

    Source:

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    HTTPS: //Mainfin.ru/novosti/nno-ate-to-Onsniks-resonatoring-Bodet-block-cards-thropes

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  • MIL-OSI Russia: Since the beginning of the school year, Moscow schoolchildren and college students have made over 400 thousand trips as part of the Museums for Children project

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Since the beginning of this academic year, Mosgortrans tourist buses have transported over 400 thousand Moscow schoolchildren and college students from more than a thousand educational institutions as part of project “Museums for Children”This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

    During the last academic year, schoolchildren and college students from more than 950 educational institutions made over 460 thousand trips on Mosgortrans buses.

    “We have been participating in Sergei Sobyanin’s project “Museums for Children” for seven years now. Our transport provides comfortable and safe trips to museums and exhibition halls for Moscow schoolchildren and college students. Since 2018, Mosgortrans buses have transported more than 1.9 million students,” said Maxim Liksutov.

    The Mosgortrans State Unitary Enterprise charter service uses 100 tourist-class buses. The cabin has up to 50 seats, climate control and a TV. To ensure that passengers always stay in touch, there are USB ports for charging phones. Comfortable seats are equipped with seat belts, tables and individual lighting.

    The safety of the trips is ensured by professional drivers. Before leaving on a trip, all of them undergo a mandatory medical examination. The buses have bright identification signs, so they are always visible on the road. The transport is equipped with flashing beacons on the roof and signs “Caution, children!”

    “Museums for Children” is a special project of the Mayor of Moscow, which appeared in September 2017. Thanks to it, Moscow schoolchildren and college students have the opportunity to visit the capital’s museums and exhibition halls for free at any time. Today, more than 110 museum and exhibition sites are participating in the project.

    How to order a bus for an organized group of schoolchildren or college students, you can find out on the website and by phone: 7 495 951-08-67.

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

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    https: //vv.mos.ru/nevs/ite/152039073/

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  • MIL-OSI Russia: Online booking for picnic spots in parks is now open

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Equipped picnic spots in Moscow parks are again available to residents and guests of the capital. They can be booked only through the Mosbilet service. This will allow city residents to plan their vacation in advance and spend time in nature as comfortably as possible. When booking online, you can choose a convenient time and place. Rental of sites is paid.

    In parks under the jurisdiction of the capital Department of Culture, all conditions for safe recreation have been created: fire-resistant barbecues, boxes for coal and sand, trash bins and information boards with safety rules have been installed. There you can enjoy nature, cook shashlik and spend time with friends and family.

    Visitors reserve one time slot equal to four hours. It cannot be extended. After the end of the paid time, vacationers must leave the barbecue area. In case of a dispute, the site administrator will help to resolve the issue.

    Where can I book a barbecue area?

    Areas with gazebos and barbecues are located in 14 parks. For example, you can book a place to relax in the Ostankino and Kuskovo and Kuzminki-Lyublino museum-reserves, in the Severnoye Tushino, Raduga, Mitino, Lianozovsky and Babushkinsky parks, as well as in the square along Olonetsky Proezd. Barbecue areas are located in the Sokolniki and Serebryany Bor parks.

    In the natural and historical park “Kuzminki-Lyublino” you can enjoy nature, walk along well-groomed paths and get acquainted with the rich history of this place. The picnic point in the park is popular among visitors. It is a landscaped area with 11 gazebos with awnings and barbecues. This place is well suited for picnics, family celebrations and friendly gatherings in the fresh air.

    The Kuskovo forest park invites barbecue lovers who do not want to go far from the city. Here you can admire the beauty of the park landscapes, and for picnic lovers there are several areas with open gazebos and a place for a barbecue. Here you can celebrate holidays surrounded by centuries-old trees or spend time with friends and family. Next to the gazebos there is all the necessary infrastructure: barbecues, tables, benches. The gazebo can accommodate four people.

    The “Field of Brides” has not only barbecue areas, but also heated houses with terraces. There are open areas with large wooden tables for eight people surrounded by century-old fir trees. There is everything you need for a full-fledged rest: toilets, parking, an entertainment area. The territory is suitable for both families and large companies. The rental price does not include barbecue accessories, dishes, food and drinks.

    The Lianozovsky Landscape Reserve is located in the Lianozovo district. The picturesque oak grove of the ancient village of Altufyevo is now part of the regional cultural heritage site Lianozovo Park. A favorite place for visitors to relax is the Lianozovsky ponds. The territory of the forest park has a developed path network, picnic areas, children’s and sports grounds. The Altufevsky Complex Reserve is located in Bibirevo and runs along the Samoteka River. In the 30-50s of the last century, there was the Lianozovsky nursery, which supplied Moscow with the necessary planting material. Now the plantings of the former nursery have grown and formed a dense forest belt – an ideal place for quiet walks away from the bustle of the city. The park has children’s and sports grounds, they were reconstructed in 2022.

    The Severnoye Tushino Park offers a break from the bustle of the city. There are two children’s and four sports grounds, a workout area, and a mother and child room.

    On April 7, the picnic season opens in the park near the Raduga ponds. In comfortable gazebos designed for 8-10 people, you can enjoy nature and communicate with loved ones in the shade of trees. The tables are spacious, there is enough space for treats and cozy get-togethers. The park is located in the Veshnyaki district, not far from the Vykhino metro station.

    The square along Olonetsky Proezd is famous for its feathered inhabitants. The pearl of the territory is a bioplateau, where swans, geese and ducks of different species live. Next to the gazebo there is a large playground, a bird corner where pheasants, peacocks, ducks, chickens and other birds live. Nearby there is a rental point for summer equipment, several food outlets and a toilet. The gazebo is equipped with benches and lighting.

    The Mitino Landscape Park is a unique natural area with flood meadows, birch groves, walking alleys and bike paths. The gazebo is located near the observation deck, which offers the most picturesque views of the park and the Mitino district. There are art objects in the form of swings, benches and a toilet.

    Renting gazebos in the Serebryany Bor park allows you to organize various outdoor events – picnics, birthdays, children’s parties, business meetings. The gazebos are located on the bank of the Moscow River, they are wooden and protected from bad weather. Guests have access to equipped barbecue areas, comfortable furniture, and stationary toilets.

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

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

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    https: //vv.mos.ru/nevs/ite/152018073/

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  • MIL-OSI Russia: Cloudy and rainy: weather forecast for the first week of April

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    During the week, the capital will be partly cloudy. According to weather forecasters, it will rain from April 1 to 2. On these two days may fall out up to 27 millimeters of precipitation, which is more than 70 percent of the monthly norm.

    On Tuesday, April 1, thermometers will show plus 10-12 degrees during the day. On Wednesday, April 2, 8-10 degrees Celsius is expected during the day, plus two to four degrees at night. During daylight hours, wind gusts can reach 12-14 meters per second.

    On Thursday, April 3, the daytime temperature will be up to plus 12 degrees, at night – plus one to three degrees. On Friday, April 4, the daytime temperature will warm up to plus 7-12 degrees, at night the temperature will drop to one to six degrees.

    On Saturday, April 5, the daytime temperature is forecast to be plus 5–10 degrees, and at night – from minus two to plus three.

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

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

    https: //vv.mos.ru/nevs/ite/151999073/

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  • MIL-OSI Russia: How to enroll a child in first grade on the mos.ru portal

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Registration for first grade opened in the capital on April 1. You can apply online on the mos.ru portaluntil September 5, 2025. If the child attends a preschool group and is going to enroll in the first grade of the same educational organization, then it is not necessary to submit an electronic application: in this case, the transfer is processed without submitting digital documents, it is enough to just write an application addressed to the director.

    The possibility of online registration of children for first grade appeared in Moscow 13 years ago. Thanks to digitalization, it is no longer necessary to personally bring documents for enrolling a child in school. An application can be submitted to three educational institutions of your choice at once. It is important that at least one of the schools corresponds to the child’s registration address. The other two can be from an additional list. Last year alone, the service for registering for first grade on the mos.ru portal was used more than 58.1 thousand times.

    Parents or legal representatives who have a certificate can enroll a future first-grader in school online. accounton the mos.ru portal. Before registration, you need to enter or update information about yourself and your children in your personal account. Then you need to select the “Education” section in the service catalog, go to the “School” subsection and then click on “Enroll in first grade”.

    “For 13 years now, Moscow has been offering parents an accessible and modern way to enroll their children in school. Thanks to the mos.ru portal, submitting an application for first grade takes just a few clicks without leaving home at any convenient time. This service eliminates the need for personal visits to the school to submit an application and transfer documents. All necessary data is verified through electronic interdepartmental interaction, which makes the process even more efficient. Parents can also view official documents of the educational organization online. Thus, digitalization of the service not only saves time, but also increases the level of comfort for parents, allowing them to fully control the process of enrolling a child in school from anywhere in Russia,” noted the Chairperson of the Moscow City State Services Committee.

    Elena Shinkaruk.

    Among them documents, required for filing an electronic application, are the child’s birth certificate, his SNILS, the applicant’s passport and others. As explained in the capital’s Department of Information Technology, if the information from these documents was previously added to the mos.ru personal account and confirmed, then the application fields will be filled in automatically.

    The decision on enrolling the child in school will be received within 30 calendar days. The countdown starts from the moment the application is registered (this happens after the information provided is confirmed by the departments). A notification will be sent to the applicant’s personal account on the mos.ru portal and to his e-mail.

    You can find out more about how to enroll a child in first grade in special instructionson mos.ru.

    If parents have any questions, they can get additional advice from the Center for Informing the Population about the Provision of Educational Services Department of Education and Science of the City of Moscow. You can do this by phone: 7 495 530-71-71 or by email: infodo@edu.mos.ru.

    The mos.ru portal is the core of the Moscow digital ecosystem. It gives Muscovites access to a variety of online opportunities. Here, users can receive electronic services, learn important city news, study instructions, and find government contacts.

    You can learn about how the mos.ru portal transformed from a news feed with a book of reviews into a resource that today offers more than 450 electronic services in a popular science film “Moscow in digital”.

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

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

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

    https: //vv.mos.ru/nevs/ite/152034073/

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