Category: Scandinavia

  • MIL-OSI: cBrain appoints new CFO

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement no. 07/2025

    cBrain appoints new CFO

    Copenhagen, June 11, 2025

    cBrain (NASDAQ: CBRAIN) is happy to announce that Lars Møller Christiansen has accepted the role as new CFO starting August 1st, 2025.

    Lars Møller Christiansen comes from a position as Deputy Director at the Environmental Protection Agency (EPA), now known as the Agency for Green Land Use Planning and Aquatic Environment. Lars was responsible for financial management and digitization at the Danish EPA.

    cBrain’s current CFO, Ejvind Jørgensen, wishes to step down after nine years in the role. Following a transition period, Ejvind will take up other responsibilities, still being part of the cBrain journey.

    Lars is known as a digital front runner, and he brings in-depth knowledge of eGovernment. During his career in Danish government for more than 24 years, Lars has engaged in positions within financial management as well as led projects from ministerial digitization to digitizing environment and climate processes. In parallel with his role as the new CFO, Lars thereby brings solid experience, supporting cBrain’s international growth plan and leveraging Danish government expertise globally.

    “Digital decision-making processes are crucial for the speed of the green transition. I am very much looking forward to applying my experience in an innovative tech company like cBrain, which has clear ambitions to make a difference for the climate and environment, both in Denmark and globally,” says Lars.

    Best regards

    Per Tejs Knudsen, CEO

    Inquiries regarding this Company Announcement may be directed to 

    Ejvind Jørgensen, CFO & Head of Investor Relations, cBrain A/S, ir@cbrain.com, +45 2594 4973

    Attachment

    The MIL Network

  • MIL-OSI United Kingdom: PM call with Prime Minister Støre of Norway: 10 June 2025

    Source: United Kingdom – Government Statements

    Press release

    PM call with Prime Minister Støre of Norway: 10 June 2025

    The Prime Minister spoke to Prime Minister Jonas Gahr Støre of Norway this afternoon.

    The Prime Minister spoke to Prime Minister Jonas Gahr Støre of Norway this afternoon. 

    They agreed on the importance of this afternoon’s announcement between Australia, Canada, New Zealand, Norway and the United Kingdom, confirming sanctions on two Israeli Ministers for their repeated incitement of violence against Palestinian civilians. 

    The Prime Minister reiterated his commitment to a two-state solution, which ensures a safe and secure future for Israelis and Palestinians.

    Discussing the publication of last week’s Strategic Defence Review, the leaders agreed that the UK and Norway are key partners, showcased through Norway’s vital contribution to the Carrier Strike Group. 

    They agreed on the vital importance of all NATO allies stepping up on our collective defence at an increasingly dangerous time for the world. 

    They looked forward to speaking again soon.

    Updates to this page

    Published 10 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Video: Through Her Lens Photo Exhibition

    Source: United Nations (Video News)

    Through Her Lens: Women Rising for Peace premiered this June at New York’s Photoville Festival, spotlighting the leadership and impact of women driving peace in some of the world’s most fragile settings.

    Captured by local women photographers across 11 countries, the exhibition shares powerful stories of peacekeepers, activists, and allies working to build more just and secure futures.

    Presented in collaboration with the UN Department of Political and Peacebuilding Affairs, UN Women, and the Elsie Initiative Fund, the exhibit also marks 25 years of the #WomenPeaceSecurity agenda. We thank the governments of Australia, Canada, Denmark, the European Union, Finland, Germany, the Netherlands, Norway, Sweden, the Republic of Korea, and the United Kingdom for their generous support in making this global showcase possible.

    https://www.youtube.com/watch?v=Z4pkD3aZBj4

    MIL OSI Video

  • MIL-OSI USA: Ricketts Discusses Unleashing American Energy for Strengthening American Diplomacy

    US Senate News:

    Source: United States Senator Pete Ricketts (Nebraska)
    WASHINGTON, D.C. – Today, during a Senate Foreign Relations Committee hearing, U.S. Senator Pete Ricketts (R-NE) discussed the role of American energy production in international diplomacy. Ricketts underscored the importance of energy production for success in the competition with Communist China.
    “Last month, I hosted a bipartisan tabletop exercise with Senator Coons, simulating a Communist Chinese energy quarantine of Taiwan,” said Ricketts. “That exercise confirmed one of Taiwan’s biggest vulnerabilities, which is energy insecurity. But it’s not just about Taiwan, this is something that applies to all our allies in the region, who are nearly just as vulnerable in relying on seaborne energy imports in such a crisis… The most immediate answer to this problem for us is to increase our exports of LNG. We are the world’s top exporter with clean and reliable gas, it’s already helping our allies replace coal, reduce their emissions, and increase their energy resilience.”
    Click here to watch more.
    The hearing considered the nominations of Jacob Helberg, to be Under Secretary of State for Economic Growth, Energy, and the Environment; Paul Kapur, to be Assistant Secretary for South and Central Asian Affairs; Andy Puzder, to be Ambassador to the EU; Benjamin Black, to be CEO of DFC; and Howard Brodie, to be Ambassador to Finland.
    BACKGROUND:
    Earlier this month, Senator Ricketts led a congressional delegation (CODEL) trip to Singapore for the Shangri-La Dialogue conference with Senator Tammy Duckworth (D-IL). Last month, Senator Ricketts led a congressional delegation trip to Taiwan and the Philippines with Senators Chris Coons (D-DE) and Ted Budd (R-NC). Senators Ricketts and Coons are working as chairman and ranking member of the Senate Foreign Relations East Asia Subcommittee to support our allies and partners in the region against Communist China’s aggression, including conducting a recent tabletop exercise and introductions of the PORCUPINE Act and COUNTER Act.

    MIL OSI USA News

  • MIL-OSI United Kingdom: Israel and the OPTs: Minister for the Middle East Statement

    Source: United Kingdom – Government Statements

    Written statement to Parliament

    Israel and the OPTs: Minister for the Middle East Statement

    Minister for the Middle East statement to Parliament on UK sanctions on Israeli government ministers Itamar Ben-Gvir and Bezalel Smotrich

    With permission, Mr Speaker, I will make a statement on Israel and the Occupied Palestinian Territories.

    The two-state solution is in peril.

    Catastrophic conflict in Gaza…

    and a shocking deterioration in the West Bank.

    This is an affront to the rights of Palestinians…

    but is also against the interests of Israelis…

    against their long-term security and their democracy.

    Today, I will update the House on new actions we are taking…

    to uphold human rights…

    and defend the vision and viability of two sides living side-by-side in peace.  

    Mr Speaker, 2024 saw the worst settler violence against Palestinians in the West Bank in the last two decades.

    2025 is on track to be just as violent.

    Between 1996 and 2023, an average of seven illegal settler outposts were established annually.

    In 2024, settlers erected 59.

    These outposts are illegal under both Israeli and international law.

    Two weeks ago, the Israeli government itself announced 22 new settlements in the West Bank.

    Every outpost…

    every building the settlers erect…

    is a flagrant breach of international law…

    and disregards the views of Israel’s partners.

    There are now in excess of five hundred thousand settlers living in the West Bank…

    and over 100,000 in East Jerusalem…

    the territory that must form the heart of a sovereign, viable and free Palestine.

    Mr Speaker, the sharp growth in settlements alone is dangerous enough.

    But it has been accompanied by a steep rise in settler violence and extremist rhetoric.

    Itamar Ben-Gvir has led seven provocative intrusions into Haram Al Sharif/Temple Mount since 2022.

    In 2023, settlers rampaged through the village of Huwara…

    in what Israel’s own West Bank military commander described as a “pogrom done by outlaws”.

    Last month, the villagers of Mughayyir ad-Deir fled their homes in fear after the construction of an illegal outpost 100m away.

    This month, settlers attacked the town of Deir Dibwan…

    setting fire to houses and injuring residents.

    This violence and rhetoric is deeply concerning.

    An assault not just on Palestinian communities…

    but on the very fundamentals of a two-state solution.

    An attempt to entrench a one-state reality, where there are no equal rights.

    The two-state solution remains the only viable framework for a just and lasting peace…

    I know it is supported on every side of this House.

    Israelis living in secure borders…

    recognised and at peace with their neighbours…

    free from the threat of terrorism.

    Palestinians living in their own state…

    with dignity and security…

    free of occupation.

    Mr Speaker, we are steadfastly committed to defending that vision…

    not just with words, but with action.

    That is why we have pledged £101m in additional support to the Palestinian people this year.

    Why we are working to strengthen and reform the Palestinian Authority…

    Why My Right Honourable Friend the Foreign Secretary signed a landmark agreement with Prime Minister Mustafa…

    and why my Right Honourable Friend the Prime Minister welcomed him to Downing Street.

    Why we are clear that Hamas must release the hostages immediately and unconditionally, and that Hamas can have no role in Palestinian governance.

    Why we are committed to working with civil society – Israeli and Palestinian – to support those who believe in peace and coexistence.

    However, Mr Speaker, the gravity of the situation demands further action.

    The reality is that these human rights abuses…

    incitement to violence…

    the extremist rhetoric…

    comes not just from an uncontrolled fringe…

    but from individuals who are Ministers in this Israeli government.

    We have to hold them to account and protect the viability of the two-state solution.

    And so today, we are sanctioning Bezalel Smotrich and Itamar Ben-Gvir…

    acting alongside Australia, Canada, New Zealand, and Norway…

    who have also announced their own measures today.

    These two men are responsible for inciting settler violence against Palestinian communities in the West Bank…

    violence which has led to the deaths of Palestinian civilians and the displacement of whole towns and villages.

    This violence constitutes an abuse of Palestinians human rights.

    It is cruel and degrading…

    and completely unacceptable.

    We have told the Israeli Government repeatedly that we would take tougher action if this did not stop.

    It still didn’t.

    The appalling rhetoric has continued unchecked.

    Violent perpetrators continue to act with encouragement and impunity.

    So let me tell the House now…

    when we say something, we mean it.

    Today, with our partners…

    we have shown the extremists we will not sit by while they wreck the prospects of future peace.

    Mr Speaker, our actions today do not diminish our support for the security of Israel and the Israeli people.

    The agendas of these two men are not even supported by the majority of Israelis…

    Israelis recognise that these individuals are not working in their interest.

    As the Foreign Secretary said to this House last month…

    we want a strong friendship with Israel based on shared values and our many close ties.

    Our condemnation of Hamas, a proscribed organisation…

    and the appalling attacks of October 7th is unequivocal.  

    Our commitment to Israel’s security and future is unwavering.

    We will continue to press for an immediate ceasefire in Gaza…

    the release of the hostages still held so cruelly by Hamas…

    a ramping up of aid to those Gazans in desperate need.

    The repeated threats by Hamas to the lives of the hostages are grotesque…

    and prolongs the agony of their families and loved ones.

    Hamas should release all the hostages immediately and unconditionally.

    Mr Speaker, the situation in the West Bank cannot be seen in isolation from events in Gaza.

    Extremist rhetoric advocating forced displacement of Palestinians…

    denial of essential aid…

    the creation of new Israeli settlements in the Strip…

    is equally appalling and dangerous.

    This Government will never accept the unlawful transfer of Gazans from or within Gaza…

    nor any reduction in the territory of the Gaza Strip.

    The humanitarian situation in Gaza remains catastrophic.

    While Israel’s ground and air operations expand, Gazans have been pushed into less than 20% of the territory.

    Hospitals have been destroyed and damaged.

    Gaza’s entire population is at risk of famine.

    Meanwhile, Israel’s newly introduced measures for aid delivery endanger civilians and foster desperation.

    They are inhumane.

    The Red Cross Field Hospital in Rafah reported last week that it has responded to an unprecedented five mass casualty incidents in the two weeks prior…

    in each case, Palestinians have been killed or injured trying to access aid sites in Gaza.

    Desperate civilians who have endured twenty months of war should never face the risk of death or injury simply to feed themselves and their families.

    We need further action from the Israeli government now…

    to lift all restrictions on aid…

    to enable the UN and aid partners to do their work…

    and to ensure food and other critical supplies can reach people safely wherever they are.

    We will continue to support the UN and other trusted NGOs as the most effective and principled partners for aid delivery.

    Our support has meant over 465,000 people have received essential healthcare…

    640,000 have received food…

    and 275,000 people have improved access to water, sanitation and hygiene services.

    We support the efforts led by the United States, Qatar and Egypt to secure an immediate ceasefire in Gaza.

    And we welcome France and Saudi Arabia’s initiative to chair an international conference later this month to advance a two-state solution.

    Mr Speaker, it is a two-state solution that is the only way to bring the long-lasting peace that both Israelis and Palestinians deserve.

    But it must not remain an empty slogan…

    repeated by generations of diplomats and politicians…

    but increasingly divorced from the reality on the ground.

    Mr Smotrich said there is no such thing as a Palestinian nation.

    Mr Ben Gvir has spoken of his rights in the West Bank…

    a territory his government is occupying…

    as more important than the rights of millions of Palestinians.

    Their own words condemn them, Mr Speaker.

    To defend those Palestinians’ rights…

    to protect the two-state solution…

    to see Israelis and Palestinians living side by side in safety and security…

    this Government is taking action.

    I commend this statement to the House.

    Updates to this page

    Published 10 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Separation Agreement Joint Committee between the UK and EEA EFTA states: joint statement from the sixth meeting

    Source: United Kingdom – Executive Government & Departments

    News story

    Separation Agreement Joint Committee between the UK and EEA EFTA states: joint statement from the sixth meeting

    This page shows the statement following the meeting of the Separation Agreement Joint Committee on 10 June 2025.

    The sixth meeting of the Separation Agreement Joint Committee was held in Brussels on 10 June 2025, chaired by officials from Iceland, with representatives from the Principality of Liechtenstein, the Kingdom of Norway and the United Kingdom participating. The Committee was established by the Separation Agreement to monitor its implementation and application. The Separation Agreement ensures that nationals of Iceland, Liechtenstein or Norway (‘the EEA EFTA States’) already living in the UK, or UK nationals living in the EEA EFTA States at the end of the transition period, have largely the same rights as before the UK left the EU. In addition to the right of residence, these include entitlements to social security and the recognition of professional qualifications.

    During the meeting, representatives from the EEA EFTA States and the UK updated each other on their implementation and application of the Separation Agreement, focusing on the provisions relating to citizens’ rights. Representatives of the EFTA Surveillance Authority and the Independent Monitoring Authority also presented information on the monitoring of the implementation and application of the Separation Agreement.

    The EEA EFTA States and the UK adopted a Decision amending Part I of Annex I to the Separation Agreement, in order to include a recent relevant Decision of the Administrative Commission for the Coordination of Social Security Systems.

    The EEA EFTA States and the UK continue to work together to ensure the correct implementation and application of the Separation Agreement, to provide certainty to citizens.

    Updates to this page

    Published 10 June 2025

    MIL OSI United Kingdom

  • India leads global push for Ocean Conservation at UNOC3, unveils Deep-Sea Mission and plastic clean-up initiatives

    Source: Government of India

    Source: Government of India (4)

    India made a compelling case for urgent global action to protect ocean health at the Third United Nations Ocean Conference (UNOC3) in Nice, with Union Minister of Earth Sciences Dr. Jitendra Singh unveiling ambitious strides in deep-sea exploration, marine plastic clean-up, and sustainable fisheries. Representing India at the conference, co-hosted by France and Costa Rica, Dr. Singh called for a legally binding Global Plastics Treaty, swift ratification of the BBNJ Agreement, and introduced the ‘SAHAV’ digital ocean data portal, reinforcing India’s leadership in global marine governance.

    Speaking under the conference theme “Accelerating Action and Mobilizing All Actors to Conserve and Sustainably Use the Ocean,” Dr. Singh emphasized India’s commitment to Sustainable Development Goal 14: Life Below Water. He outlined India’s multi-pronged strategy to combat ocean degradation through science, innovation, and inclusive partnerships. A centerpiece of India’s efforts is the Deep Ocean Mission’s ‘Samudrayaan’ project, set to deploy the nation’s first manned submersible by 2026 to explore ocean depths up to 6,000 meters, marking a significant leap in scientific capability.

    Dr. Singh highlighted India’s progress in tackling marine pollution through the ‘Swachh Sagar, Surakshit Sagar’ campaign, which has cleaned over 1,000 km of coastline and removed more than 50,000 tonnes of plastic waste since 2022. A draft marine litter policy is in place, and India is actively supporting negotiations for a Global Plastics Treaty to establish a legally binding international framework. Additionally, India has expanded its Marine Protected Areas to cover 6.6% of its Exclusive Economic Zone, contributing to global biodiversity goals.

    The minister showcased India’s Blue Economy initiatives, driven by the Sagarmala Programme and the Pradhan Mantri Matsya Sampada Yojana (PMMSY). Over 600 port-led infrastructure projects worth $80 billion have been operationalized, while $2.5 billion in investments have modernized the fisheries sector, resulting in a 10% rise in fish production and the creation of over 1,000 fish farmer producer organizations since 2022. India has also restored over 10,000 hectares of mangroves and implemented shoreline management plans using nature-based solutions, integrating ocean-based climate actions into its Nationally Determined Contributions under the Paris Agreement.

    India’s leadership in global ocean governance was further demonstrated through its co-leadership in ‘Blue Talks’ with France and Costa Rica and its participation in high-level events, such as the India-Norway side session on Marine Spatial Planning. The launch of the ‘SAHAV’ portal at UNOC3 enhances India’s commitment to transparent, science-based ocean management.

    Urging the adoption of a robust ‘Nice Ocean Action Plan,’ Dr. Singh called for global investment in innovation, ratification of the BBNJ Agreement, and finalization of the plastics treaty. “The ocean is our shared heritage and responsibility,” he declared, affirming India’s readiness to collaborate with governments, private sectors, civil society, and indigenous communities for a sustainable ocean future. India’s proactive stance at UNOC3 signals its transformation from a coastal nation to a global leader in shaping ocean policy.

  • MIL-OSI: New Government bond series

    Source: GlobeNewswire (MIL-OSI)

    The Icelandic Treasury will issue nine new Government bond series in connection with the settlement of ÍL Fund (formerly the Housing Financing Fund). The following nominal amounts will be issued:

    Series:                         ISIN:                           Nominal value:
    RIKS 29 0917               IS0000037711             67,000,000,000 kr.
    RIKS 34 1016               IS0000037737             60,353,539,382 kr.
    RIKS 36 0815               IS0000037729             59,000,000,000 kr.
    RIKS 39 1115                IS0000037745             49,000,000,000 kr.
    RIKS 41 0815               IS0000037760             50,000,000,000 kr.
    RIKS 44 1017               IS0000037778             50,313,049,596 kr.
    RIKS 47 1115                IS0000037786             48,000,000,000 kr.
    RIKS 50 0915               IS0000037794             47,000,000,000 kr.
    RIKB 32 1015               IS0000037752             56,000,000,000 kr.

    The Government bonds will be subject to the “General terms and conditions for Icelandic Government bonds” and “Specific terms” for each bond series, which can be accessed on the Government Debt Management website, www.lanamal.is. Issuance in the above-mentioned bond series related to the winding-up of ÍL Fund may be carried out in a manner other than that described in Article 3 of the General terms and conditions for Icelandic Government bonds, dated 5 June 2025.

    The MIL Network

  • MIL-OSI: Kvika banki hf.: Moody’s places Kvika Banki’s ratings on review for upgrade

    Source: GlobeNewswire (MIL-OSI)

    Moody’s Ratings (“Moody’s”) has today placed Kvika Banki hf.’s (“Kvika”) deposit and issuer ratings on review for upgrade. The rating action follows the separate announcements from Arion Banki hf. and Íslandsbanki hf. that their respective boards of directors have proposed opening merger talks with the board of directors of Kvika. No decision has been made by Kvika’s board of directors regarding next steps.

    Please find the release from Moody’s attached.

    For further information please contact Kvika‘s investor relations, ir@kvika.is.

    Please note that this notice is a disclosure of inside information per article 7 of regulation (EU) No 596/2014 on market abuse (“MAR”), which is implemented into Icelandic law with the act on measures against market abuse No 60/2021.

    Attachment

    The MIL Network

  • MIL-OSI Economics: Secretary-General of ASEAN engages in a roundtable discussion at the Norwegian Institute of International Affairs

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, participated in a Roundtable Discussion hosted by the Norwegian Institute of International Affairs in Oslo, Norway, on 10 June 2025.  Dr. Kao discussed ASEAN’s priorities and initiatives, including the ASEAN 2045: Our Shared Future, and exchanged views on regional and global developments that were of great interests to the participants.

    The post Secretary-General of ASEAN engages in a roundtable discussion at the Norwegian Institute of International Affairs appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN delivers a lecture on “Developments in ASEAN: Opportunities and Challenges for Norway” at the Norwegian Centre for Geopolitics

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, delivered a lecture at the Norwegian Centre for Geopolitics of the Norwegian Institute of International Affairs (NUPI) in Oslo, Norway, on 10 June 2025, centred on the latest developments in ASEAN and presented opportunities and challenges for ASEAN-Norway relations. Dr. Kao also discussed and exchanged views with the participants on emerging regional and global issues.

    The post Secretary-General of ASEAN delivers a lecture on “Developments in ASEAN: Opportunities and Challenges for Norway” at the Norwegian Centre for Geopolitics appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN meets with the Minister of Foreign Affairs of Norway

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, had a bilateral meeting with the Minister of Foreign Affairs of Norway, H.E. Espen Barth Eide, on the sidelines of his working visit to Norway, on 10 June 2025. Both sides exchanged views on ASEAN-Norway relations and explored ways to further substantiate the ASEAN-Norway Sectoral Dialogue Partnership.

    The post Secretary-General of ASEAN meets with the Minister of Foreign Affairs of Norway appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI New Zealand: NZ places travel ban on extremist Israeli politicians

    Source: New Zealand Government

    New Zealand has joined Australia, Canada, the UK and Norway in placing travel bans on two extremist Israeli politicians, Foreign Minister Winston Peters says.

     The bans will prevent Israel’s Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben-Gvir from travelling to New Zealand.

     “Our action today is not against the Israeli people, who suffered immeasurably on October 7 and who have continued to suffer through Hamas’ ongoing refusal to release all hostages.  Nor is it designed to sanction the wider Israeli government.

     “Rather, the travel bans are targeted at two individuals who are using their leadership positions to actively undermine peace and security and remove prospects for a two-state solution.

     “New Zealand is a long-standing supporter of the two-state solution. Ministers Smotrich and Ben-Gvir have severely and deliberately undermined that by personally advocating for the annexation of Palestinian land and the expansion of illegal settlements, while inciting violence and forced displacement.

    “New Zealand’s consistent and historic position has been that Israeli settlements in the occupied Palestinian territories are a violation of international law. Settlements and associated violence undermine the prospects for a viable two-state solution.”

     Today’s targeted sanctions are consistent with New Zealand’s approach to other foreign policy issues, Mr Peters says.

     “New Zealand has also targeted travel bans on politicians and military leaders advocating violence or undermining democracy in other countries in the past, including Russia, Belarus and Myanmar.”

     The international community is overwhelmingly in favour of a future Palestinian state as part of a negotiated two-state solution, Mr Peters says.

     “The crisis in Gaza has made returning to a meaningful political process all the more urgent. New Zealand will continue to advocate for an end to the current conflict and an urgent restart of the Middle East Peace Process.”

    MIL OSI New Zealand News

  • MIL-OSI Canada: Joint statement by the Foreign Ministers of Australia, Canada, New Zealand, Norway and the United Kingdom on measures targeting Itamar Ben-Gvir and Bezalel Smotrich

    Source: Government of Canada News

    June 10, 2025 – Ottawa, Ontario – Global Affairs Canada

    Today, the Foreign Ministers of Australia, Canada, New Zealand, Norway and the United Kingdom have announced sanctions and other measures targeting Itamar Ben-Gvir and Bezalel Smotrich for inciting violence against Palestinians in the West Bank.

    Settler violence is incited by extremist rhetoric which calls for Palestinians to be driven from their homes, encourages violence and human rights abuses and fundamentally rejects the two-state solution. Settler violence has led to the deaths of Palestinian civilians and the displacement of whole communities.

    We are steadfastly committed to the two-state solution which is the only way to guarantee security and dignity for Israelis and Palestinians and ensure long term stability in the region, but it is imperilled by extremist settler violence and settlement expansion.

    Itamar Ben-Gvir and Bezalel Smotrich have incited extremist violence and serious abuses of Palestinian human rights. Extremist rhetoric advocating the forced displacement of Palestinians and the creation of new Israeli settlements is appalling and dangerous. These actions are not acceptable. We have engaged the Israeli Government on this issue extensively, yet violent perpetrators continue to act with encouragement and impunity. This is why we have taken this action now – to hold those responsible to account. The Israeli Government must uphold its obligations under international law and we call on it to take meaningful action to end extremist, violent and expansionist rhetoric.

    The measures announced today do not deviate from our unwavering support for Israel’s security and we continue to condemn the horrific terror attacks of 7 October by Hamas.  Today’s measures are targeted towards individuals who in our view undermine Israel’s own security and its standing in the world. We continue to want a strong friendship with the people of Israel based on our shared ties, values and commitment to their security and future.

    Today’s measures focus on the West Bank, but of course this cannot be seen in isolation from the catastrophe in Gaza. We continue to be appalled by the immense suffering of civilians, including the denial of essential aid. There must be no unlawful transfer of Palestinians from Gaza or within the West Bank, nor any reduction in the territory of the Gaza Strip. We will continue to work with the Israeli Government and a range of partners. We will strive to ensure an immediate ceasefire, the release now of the remaining hostages and for the unhindered flow of humanitarian aid including food. We want to see a reconstructed Gaza no longer run by Hamas and a political pathway to a two-state solution.

    MIL OSI Canada News

  • MIL-OSI Canada: Canada imposes fourth round of sanctions on facilitators of extremist settler violence against civilians in West Bank

    Source: Government of Canada News (2)

    June 10, 2025 – Ottawa, Ontario – Global Affairs Canada

    The Honourable Anita Anand, Minister of Foreign Affairs, today announced that Canada is imposing new sanctions under the Special Economic Measures (Extremist Settler Violence) Regulations.

    This round of sanctions lists two individuals for their crucial role in facilitating the significant expansion of settlements and outposts in the West Bank, offering political cover to perpetrators of settler violence, and actively contributing to a more permissive environment for higher levels of harassment and violence by Israeli extremist settlers against Palestinian civilians.

    Extremist settler violence is leading to greater destabilization in the West Bank, resulting in the forced displacement of Palestinian communities, and increasingly threatening the viability of a two-state solution, as well as regional peace and security.

    Today’s sanctions are in coordination with the United Kingdom, Australia, New Zealand, and Norway, and are in response to the recent escalation of violence by Israeli extremist settlers and affiliates against Palestinian civilians and their property in the West Bank, including East Jerusalem, contributing to insecurity for both Palestinians and Israelis.

    The two individuals are the following:

    • Itamar Ben-Gvir
    • Bezalel Smotrich

    The measures announced today do not deviate from our unwavering support for Israel’s security and we continue to condemn the horrific terror attacks of 7 October by Hamas. Canada continues to oppose the expansion of settlements in the West Bank and East Jerusalem and is committed to a comprehensive, just and lasting peace in the Middle East.

    These measures focus on the West Bank, but of course this cannot be seen in isolation from the catastrophe in Gaza. Canada continues to be appalled by the immense suffering of civilians, including the denial of essential aid. There must be no unlawful transfer of Palestinians from Gaza or within the West Bank, nor any reduction in the territory of the Gaza Strip. Canada will continue to work with the Israeli Government and a range of partners. Canada will strive to ensure an immediate ceasefire, the release now of the remaining hostages and for the unhindered flow of humanitarian aid including food. Canada wants to see a reconstructed Gaza, where Hamas can play no part, and ultimately a political pathway to a two-state solution.

    MIL OSI Canada News

  • MIL-OSI: Giftbit Expands Global Footprint, Emphasizes Ease

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE and CALGARY, Alberta, June 10, 2025 (GLOBE NEWSWIRE) — Giftbit, a digital payouts and gift card platform for businesses, has launched new features to improve reward management and expand its international offering. Highlights include one-click add-to-wallet functionality for prepaid Visa® cards, enhanced reporting, and a major expansion of its global gift card catalog.

    One-Click Add-to-Wallet Feature

    Recipients of prepaid Visa rewards can now instantly add their balance to Apple Pay, Google Pay, or Samsung Pay with a single click. No apps, logins, or manual data entry required.

    “Smooth activation matters,” said Leif Baradoy, Giftbit’s CEO and founder. “Other vendors make people jump through hoops which lead to frustration and user fatigue. We’re focused on a seamless cardholder experience.”

    The update also includes PIN support for spending at gas stations and convenience stores.

    Reward Management a Breeze With New Reporting Dashboard

    Giftbit is proud to launch one of its most highly requested features: an intuitive reward history dashboard. Customers can now easily view, sort, and filter sent rewards by date, status, brand, or campaign, all within the Giftbit web application. This update helps program managers track unclaimed rewards, resend with ease, and monitor contact list health, making it easy to find key details and take action across multiple orders all in one place.

    “The new Rewards History view has made it so much easier for us to stay on top of undeliverable rewards,” said Giftbit customer Hunter Lisenby of United Communications. “We can quickly spot bad contact email addresses and fix the issue without digging through individual orders.” 

    Expanded Global Reach

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    Supported regions now include:

    Australia, Austria, Belgium, Brazil, Canada, China, Czechia, Denmark, Finland, France, Germany, Great Britain, Greece, India, Ireland, Italy, Japan, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Romania, Singapore, South Korea, Spain, Sweden, Switzerland, Thailand, United States.
    (Prepaid Mastercard®available globally wherever Mastercard is accepted)

    Strategic Partnerships Expand Catalog Offering

    New partnerships make Giftbit’s gift card catalog more reliable and diverse. Built-in backups prevent outages and strengthen a smooth end-to-end reward experience.

    “A strong catalog is key,” said Nat Salvione, Giftbit’s Chief Commercial Officer. “These partnerships help us deliver stable rewards anytime, anywhere.”

    In addition, Giftbit has upgraded their funding and payment processes to allow customers to fund their accounts in their preferred currency for easier operational control.

    Simplifying Global Rewards, Now and Ahead

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    • 1,000+ payout products
    • 30+ local currencies
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    These enhancements make it easier than ever for businesses to scale their reward programs across borders with built-in flexibility, choice, and regional support.

    About Giftbit

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    Learn more at: www.giftbit.com.

    Media Contact: Zoe North — pr@giftbit.com

    The MIL Network

  • MIL-OSI United Kingdom: Foreign Ministers joint statement on measures targeting Itamar Ben-Gvir and Bezalel Smotrich

    Source: United Kingdom – Executive Government & Departments

    News story

    Foreign Ministers joint statement on measures targeting Itamar Ben-Gvir and Bezalel Smotrich

    Joint statement by the Foreign Ministers of Australia, Canada, New Zealand, Norway and the United Kingdom on measures targeting Itamar Ben-Gvir and Bezalel Smotrich

    Joint statement:

    “Today, the Foreign Ministers of Australia, Canada, New Zealand, Norway and the United Kingdom have announced sanctions and other measures targeting Itamar Ben-Gvir and Bezalel Smotrich for inciting violence against Palestinians in the West Bank.

    “Settler violence is incited by extremist rhetoric which calls for Palestinians to be driven from their homes, encourages violence and human rights abuses and fundamentally rejects the two-state solution. Settler violence has led to the deaths of Palestinian civilians and the displacement of whole communities.

    “We are steadfastly committed to the two-state solution which is the only way to guarantee security and dignity for Israelis and Palestinians and ensure long term stability in the region, but it is imperilled by extremist settler violence and settlement expansion. 

    “Itamar Ben-Gvir and Bezalel Smotrich have incited extremist violence and serious abuses of Palestinian human rights. Extremist rhetoric advocating the forced displacement of Palestinians and the creation of new Israeli settlements is appalling and dangerous. These actions are not acceptable. We have engaged the Israeli Government on this issue extensively, yet violent perpetrators continue to act with encouragement and impunity. This is why we have taken this action now – to hold those responsible to account. The Israeli Government must uphold its obligations under international law and we call on it to take meaningful action to end extremist, violent and expansionist rhetoric. 

    “The measures announced today do not deviate from our unwavering support for Israel’s security and we continue to condemn the horrific terror attacks of 7 October by Hamas.  Today’s measures are targeted towards individuals who in our view undermine Israel’s own security and its standing in the world. We continue to want a strong friendship with the people of Israel based on our shared ties, values and commitment to their security and future.

    “Today’s measures focus on the West Bank, but of course this cannot be seen in isolation from the catastrophe in Gaza. We continue to be appalled by the immense suffering of civilians, including the denial of essential aid. There must be no unlawful transfer of Palestinians from Gaza or within the West Bank, nor any reduction in the territory of the Gaza Strip. We will continue to work with the Israeli Government and a range of partners. We will strive to ensure an immediate ceasefire, the release now of the remaining hostages and for the unhindered flow of humanitarian aid including food. We want to see a reconstructed Gaza no longer run by Hamas and a political pathway to a two state solution.”

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

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    Updates to this page

    Published 10 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK and partners unite to sanction ministers inciting West Bank violence

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    UK and partners unite to sanction ministers inciting West Bank violence

    UK sanctions Israeli government ministers Itamar Ben-Gvir and Bezalel Smotrich in response to their repeated incitements of violence against Palestinian communities, alongside partners Australia, Canada, New Zealand and Norway

    • UK sanctions Israeli government ministers Itamar Ben-Gvir and Bezalel Smotrich today, in response to their repeated incitements of violence against Palestinian communities
    • alongside partners Australia, Canada, New Zealand and Norway, the UK calls for immediate action against extremist settlers
    • measures announced today demonstrate UK commitment to challenging those inciting hatred and violence

    As Palestinian communities in the West Bank continue to suffer from severe acts of violence by extremist Israeli settlers which also undermine a future Palestinian state, the United Kingdom has joined Australia, Canada, New Zealand and Norway in stepping up the international response. 

    In their personal capacity, Israeli government ministers Itamar Ben-Gvir and Bezalel Smotrich are now sanctioned for their repeated incitement of violence against Palestinian civilians, effective immediately. 

    The UK has made clear in public and private to the Netanyahu government that Israel must cease expansion of illegal settlements which undermine a future Palestinian state, clamp down on settler violence, and condemn inflammatory and extremist statements from both individuals. 

    The measures announced by international partners today demonstrate commitment to ensuring the individuals are held accountable for encouraging and inciting human rights abuses. 

    Foreign Secretary David Lammy, along with the Foreign Ministers of Australia, Canada, New Zealand and Norway said in a joint statement:   

    We are steadfastly committed to the two-state solution and will continue to work with our partners towards its implementation. It is the only way to guarantee security and dignity for Israelis and Palestinians and ensure long term stability in the region, but it is imperilled by extremist settler violence and settlement expansion. 

    Itamar Ben-Gvir and Bezalel Smotrich have incited extremist violence and serious abuses of Palestinian human rights. These actions are not acceptable. This is why we have taken action now – to hold those responsible to account. 

    We will strive to achieve an immediate ceasefire in Gaza, the immediate release of the remaining hostages by Hamas which can have no future role in the governance of Gaza, a surge in aid and a path to a two-state solution.

    As of April 2025, extremist settlers have carried out over 1,900 attacks against Palestinian civilians since January last year. The UK is committed to protecting the viability of a two-state solution and human rights, including by challenging those inciting violence. 

    In a joint statement with partners, the UK reiterated its commitment to continuing “a strong friendship with the people of Israel based on shared ties, values and commitment to [its] security and future.”

    The Foreign Secretary was also clear that the UK will “continue to work with the Israeli Government and a range of partners” to deliver long-term peace and security. 

    Alongside partners Australia, Canada, New Zealand and Norway, the UK is clear that the rising violence and intimidation by Israeli settlers against Palestinian communities in the West Bank must stop. Measures today cannot be seen in isolation from events in Gaza where Israel must uphold International Humanitarian Law. 

    The UK and partners support Israel’s security and will continue to work with the Israeli Government to strive to achieve an immediate ceasefire in Gaza. Hamas must release the hostages immediately, and there must be a path to a two-state solution with Hamas having no role in future governance. 

    Background

    Individuals and entities sanctioned today: 

    • Itamar BEN-GVIR (hereafter “BEN-GVIR”) – is an involved person within the meaning of the Global Human Rights Sanctions Regulations 2020 on the basis of the following ground: BEN-GVIR is responsible for, engaging in, inciting, promoting and/or supporting activity which amounts to a serious abuse of the right of individuals not to be subjected to cruel, inhuman or degrading treatment or punishment, in particular acts of aggression and violence against Palestinian individuals in the West Bank. BEN-GVIR is now subject to an asset freeze, travel ban, and director disqualification. BEN-GVIR is Minister for National Security but is sanctioned in his personal capacity. 

    • Bezalel Yoel SMOTRICH (hereafter “SMOTRICH”) – is an involved person within the meaning of the Global Human Rights Sanctions Regulations 2020 on the basis of the following ground: SMOTRICH is responsible for engaging in, inciting, promoting and/or supporting activity which amounts to a serious abuse of the right of individuals not to be subjected to cruel, inhuman or degrading treatment or punishment, in particular acts of aggression and violence against Palestinian individuals in the West Bank. SMOTRICH is now subject to an asset freeze, travel ban, and director disqualification. SMOTRICH is Minister for Finance and Additional Minister of Defence but is sanctioned in his personal capacity. 

    • Joint statement signed by the UK, Australia, Canada, New Zealand and Norway: Foreign Ministers joint statement on measures targeting Itamar Ben-Gvir and Bezalel Smotrich – GOV.UK

    Definitions 

    • asset freeze: where an asset freeze applies, in summary, it is generally prohibited within the UK, and for UK persons outside the UK, to: 

    o       Deal with funds or economic resources, owned, held or controlled by a designated person 

    o       Make funds or economic resources available, directly or indirectly, to, or for the benefit of, a designated person 

    o       Engage in actions that, directly or indirectly, circumvent the financial sanctions prohibitions 

    • director disqualification sanctions: Where director disqualification sanctions apply, it will be an offence for a person designated for the purpose of those sanctions to act as a director of a company or to take part in the management, formation or promotion of a UK company 

    • travel ban: an individual subject to a travel ban will be an excluded person under section 8B of the Immigration Act 1971, meaning that they must be refused leave to enter or to remain in the United Kingdom

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Email the FCDO Newsdesk (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 10 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Economics: Secretary-General of ASEAN interacts in luncheon meeting with Norwegian Parliamentary Members

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, held a luncheon meeting with members of the Norwegian Parliament, led by Hon. H.E.  Åslaug Sem-Jacobsen, in Oslo, Norway, on 10 June 2025. During the meeting, Dr. Kao commended the active participation of Norwegian parliamentary members as AIPA Observers and for their contributions to advance green and blue economic cooperation. Dr. Kao also expressed his appreciation for Hon. Sem-Jacobsen’s participation in the Women Parliamentarians of the ASEAN Inter-Parliamentary Assembly (WAIPA) Women’s Political Leaders Forum, at the 45th AIPA General Assembly in October 2024, which reaffirmed ASEAN and Norway’s shared commitment in gender equality, sustainability, and inclusive growth. Dr. Kao further underscored the importance of ASEAN–Norway collaboration in aligning legislative and executive priorities and reaffirmed ASEAN’s support for deeper engagement with the Norwegian Parliament through AIPA.

     
    The post Secretary-General of ASEAN interacts in luncheon meeting with Norwegian Parliamentary Members appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN meets with Deputy Leader of AIPA-Delegation from the Norwegian Parliament

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with H.E. Erna Solberg, Deputy Leader of AIPA-Delegation from the Norwegian Parliament, in Oslo, Norway, on 10 June 2025. Dr. Kao welcomed Norway’s strong commitment in ASEAN as a Sectoral Dialogue Partner and AIPA Observer, highlighting its active role in promoting sustainability, peace, and inclusive development. He acknowledged Norway’s support for green shipping development in ASEAN and encouraged stronger cooperation in other areas such as political-security and economic spheres. Dr. Kao also reaffirmed ASEAN’s support for enhanced collaboration with the Norwegian Parliament through AIPA, particularly in aligning executive and legislative priorities for regional peace and prosperity, among others.

    The post Secretary-General of ASEAN meets with Deputy Leader of AIPA-Delegation from the Norwegian Parliament appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI United Kingdom: expert reaction to news about Sizewell C nuclear plant, and small modular reactors

    Source: United Kingdom – Executive Government & Departments

    Scientists comment on news that the UK government is investing in a nuclear plant at the Sizewell C site and a small modular reactor programme. 

    Prof Patrick Regan, Professor of Nuclear Metrology, University of Surrey, said:

    “The announcement that the UK government has committed £14.2bn of investment to build European Pressurized Reactors (EPRs) at the Sizewell C site will contribute to the UK tackling the delicate balance between ever-increasing secure energy requirements and our commitment to achieving net-zero. The EPRs planned at Sizewell C represent Generation 3+ technology and build on more than 70 years of operational reactor experience worldwide to provide the cleanest, safest and most efficient form of nuclear power yet.

    “This large investment, however, brings with it the obvious need to produce and maintain a highly skilled, expert workforce related to all phases of the Sizewell C project. Science and Engineering Apprentice, Graduate and Post-Graduate training in areas such as chemical engineering, material science, nuclear physics & radiochemistry, environmental monitoring,  radiation measurement and health physics will be key in enabling ‘life-long’ UK-based careers in this industry, in line with such a far horizon project. This is a long-term investment in the UK’s national infrastructure, and it needs a skilled workforce to ensure its ultimate success.”

     

    Dr Phil Johnstone, Principal Research Fellow, University of Sussex Science Policy Research Unit, Patron of Nuclear Information Service, Member of Sussex Energy Group, and Member of Nuclear Consultation Group:

    Is this a good move? 

    “The decision on Sizewell C is a bad move. It will likely lead to increasing costs for UK electricity consumers and represents a significantly slower means of combatting climate change than alternative options. The announcement comes alongside the decision to select submarine reactor manufacturer Rolls Royce as the winning bidder to develop Small Modular Reactors. These are part of the same underlying goal: to sustain the UK military nuclear industrial base via subsidies from civil nuclear power, with democratic scrutiny of this strategy almost entirely absent.”

    Prof Andy Stirling, professor of science and technology policy at the University of Sussex Science Policy Research Unit:

    Is this a good move (or not) when it comes to energy and fossil fuels?

    “It is well acknowledged behind the scenes (but denied in public), that this move is more intended to support the kind of nuclear industrial base needed for military than for climate reasons. Nuclear power stations like Sizewell C are so slow and expensive compared to renewables and storage strategies, that they erode rather than enhance climate action.”

    What does this mean for UK energy production?  Is there overspeculation?

    “This will make UK energy production needlessly more expensive, less secure and less effective in climate terms, than if the same money had been spent on renewables and energy storage.”

    What does the science say?

    “On this as on many other policy issues, what counts as ‘the science’ is more uncertain and context-dependent than any side typically implies. If either nuclear advocates or critics claim their arguments to be uniquely or unequivocally science-based then that is a sign that they are seeking to mislead.”

     

    Dr Sarah Darby, Emerita Research Fellow, Energy Programme, Environmental Change Institute, University of Oxford, said:

    “The argument that building Sizewell C will be markedly cheaper and quicker than Hinkley C is weak. Hinkley C is ‘first of a kind’ in the UK but has the same design as Olkiluoto in Finland and Flamanville in France. These two have been, respectively, over 10 years late and almost four times over budget [1] and over 12 years late and over four times over budget in real terms [2,3]. Neither is yet working reliably [4,5].

    “The unfinished Hinkley C was reported by EdF last year as already 90% over budget and 7 years late – and EdF do not expect it to be finished before 2029-31.

    “In the light of these figures from three power plants of the same design as SZC, Ed Miliband’s forecast of a 10-year build time looks wildly optimistic. Where cost and complexity are concerned, there is the additional concern about the SZC site being on a flood-prone and eroding coastline, with sea levels on the rise.

    “EdF are now wholly owned by the French government, following their extreme financial difficulties, and it is unclear whether they will take any stake at all in SZC. This is hardly a vote of confidence in the prospects of their own design.

    “The argument that nuclear build helps with climate goals is similarly weak. New nuclear would arrive too late to assist – renewables already supply over half of UK generation [6] –  and are on the rise. The massive sums involved are money not spent on quicker and more effective moves towards energy transition. Bloomberg NEF’s latest assessment of energy transition investment trends* refers to renewables, energy storage, electric vehicles, and power grids as ‘proven, commercially scalable [and with] established business models’, yet categorises nuclear power as an ‘emerging’ technology, with investment held back by lack of affordability and technology maturity [7].

    “Nuclear is being presented by the Government as complementary to renewables, for ‘when the sun doesn’t shine and the wind doesn’t blow’. But what we need for these times – and for times of abundant renewable supply – is flexibility from storage and demand-side response, not large-scale inflexible power plants that cannot easily be turned down or up and that can be shut down at a moment’s notice [5,8].

    “As so often, the debate is focused on supply rather than demand – what we use energy for. The government are citing figures of a doubling of demand by 2050 that are certainly not set in stone and likely to be exaggerated. AI demands are the new kid on the block but, as DeepSeek has shown, they need not be nearly as high as is often made out. There is still plenty of scope to improve energy security through energy efficiency, allied with storage and demand-side response, without compromising quality of life [9].

    “Successive governments have already sunk £6.4bn of taxpayers’ money into Sizewell C, but this is no reason to compound the error. A further £14.2bn is substantial but falls a long way short of the £40bn ‘overnight’ cost estimated by the FT [10]. Further, this £40bn estimate does not take into account the costs of capital, decommissioning and disposal of waste. The last of these is itself a topic of major concern to the Public Accounts Committee [11].

    “It is not too late to avoid a FID for Sizewell C and to steer funding in more productive directions, including modernisation of the electricity grid, energy efficient buildings and transport systems, and storage. Such investment could create jobs and improve living conditions around the country.”

    References

    1 – https://reneweconomy.com.au/big-batteries-and-evs-to-the-rescue-again-as-faults-with-new-nuclear-plant-cause-chaos-on-nordic-grids/

    2 – https://www.thetimes.com/world/europe/article/delays-debts-and-false-promises-inside-frances-nuclear-nightmare-h2wpfhx0w

    3 – https://www.edf.fr/sites/groupe/files/2023-04/edf-urd-annual-financial-report-2022-en.pdf

    4 – https://www.reuters.com/business/energy/newest-french-reactor-faces-further-delays-due-new-issues-2025-04-11/

    5 – https://eandt.theiet.org/2025/03/12/radioactive-coolant-leak-europes-largest-nuclear-reactor

    6 – https://www.gov.uk/government/statistics/total-energy-section-1-energy-trends

    7 – https://about.bnef.com/insights/finance/global-investment-in-the-energy-transition-exceeded-2-trillion-for-the-first-time-in-2024-according-to-bloombergnef-report/

    8 – https://royalsocietypublishing.org/doi/full/10.1098/rsta.2016.0462

    9 – https://www.creds.ac.uk/publications/strategy-and-policy-statement-for-energy-policy-in-great-britain-creds-response/

    10 – https://www.ft.com/content/0b483728-de5b-4f2e-8d00-c49885c572c9)

    11 – https://committees.parliament.uk/committee/127/public-accounts-committee/news/207132/sellafields-race-against-time-nuclear-waste-cleanup-not-going-quickly-enough-pac-warns/

     

    Stephanie Baxter, Head of Policy, Institution of Engineering and Technology, said:

    “The £14.2 billion of funding announced today for the development of Sizewell C, alongside selecting Rolls-Royce SMR as the preferred bidder to develop the UK’s first small modular reactors, marks an important step forward towards nuclear playing a significant role in the UK’s energy mix.

    “Nuclear infrastructure, both large and small, will be needed in our energy system if the UK is to have a secure, affordable and sustainable energy system for 2030 and beyond. However, the Government must also take a whole system view of the wider energy system to ensure new nuclear infrastructure compliments other energy generation and distribution resources currently deployed and being developed.

    “Significant infrastructure projects such as these rely on long-term stability – in the supply chain, regulations and the skills pipeline. That is why today’s announcements must be backed up by clear plans for delivery, including engagement with local communities.

    “These ambitions will also not be met without the skilled engineering and technician workforce that will be critical to delivering and maintaining new nuclear infrastructure.

    “Great British Energy must work closely with Skills England to ensure that these plans are backed by a long-term workforce strategy to deliver skilled job opportunities across the country – both by training up new workers in schools and colleges, and upskilling/reskilling the existing workforce through flexible funding in the Growth and Skills Levy.”

    Will Davis, Nuclear Expert and a Member of the Institution of Engineering and Technology’s Sustainability and Net Zero Policy Centre, said:

    “Today’s announcements are a clear demonstration of the government’s long-term commitment to low-carbon energy security, extending beyond the 2030 clean power target and taking concrete steps toward achieving net zero by 2050.

    “To meet our net zero ambitions, we must significantly scale up electricity generation – by two to three times current levels – and this will only be possible through large-scale projects like Sizewell C and the Small Modular Reactor (SMR) programme.

    “While these developments are both welcome and necessary, the UK nuclear industry must address its ongoing credibility challenges around delivering projects on time and within budget. Unlike the UK’s Hinkley Point C, nuclear projects in countries like China and the UAE have avoided major delays. Learning from these international examples is essential if we are to attract private investment and reduce reliance on gas-fired power stations.

    “The selection of a preferred bidder for the SMR fleet is a long-awaited milestone – over a decade in the making – and we’re pleased to see it finally progressing.

    “The clarification of roles between Great British Energy and Great British Energy – Nuclear, with NESO overseeing the critical upgrades to our national electricity infrastructure is welcomed. These upgrades are vital and must be properly funded, not treated as an afterthought.

    “With the announcements on Sizewell C and SMRs, we urge the government to clarify its position on future gigawatt-scale nuclear projects, such as the previously proposed development at Wylfa.

    “New nuclear power stations require a high-tech supply chain and a highly skilled workforce. Investment in key manufacturers like Sheffield Forgemasters is encouraging, but broader supply chain investment hinges on project certainty – contracts must be signed.

    “The IET continues to support the sector through initiatives like the Nuclear Skills Taskforce. We’re also pleased to see continued investment in STEP, the UK’s prototype fusion power plant. A £2.5 billion commitment is significant and deserves more visibility.

    “However, we note the absence of updates on advanced nuclear technologies, which could play a crucial role in decarbonising hard-to-abate sectors such as steelmaking and hydrogen production. We hope to see further clarity on this soon.”

    Dr Lewis Blackburn, Lecturer in Nuclear Materials, University of Sheffield, said: 

    “Today the UK government demonstrated a clear and renewed commitment to nuclear fission as a means to achieve Net Zero, a key goal that was outlined in the 2024 White Paper “Civil Nuclear: Roadmap to 2050”. This comes in the form of an approximately £14B commitment to the Sizewell C project, comprising two EPR (European Pressurised Reactors) delivering a total of 3.2 GWe. The project is forecast to support 70k jobs and produce enough energy to power 6M UK homes. Today’s news also comes alongside an announcement that Rolls-Royce have been identified as the preferred bidder to construct the UK’s first Small Modular Reactors (SMR) – a fleet of smaller fission reactors designed to be built ‘modular’ on a production line, prior to shipping and assembly on-site. 

    “The UK faces a potential skills challenge in the field of nuclear engineering and projects like Sizewell C and Rolls-Royce SMR offer an exciting opportunity to build a skills pipeline, increasing the number and diversity of people entering the nuclear workforce, and bolstering the supply chain.

    “In order for the UK to maintain its international reputation as a leader in civil nuclear, it must continue to invest heavily in new infrastructure, the wider industrial supply chain and R&D. Thus, producing the next generation of nuclear expertise in both the industrial and academic sectors, equipping them with the skills required for the UK to continue to utilise nuclear fission, safely, for generations to come. 

    “An important aspect of this is ensuring that highly radioactive waste, generated as a by-product of nuclear fission, is not passed onto future generations and is permanently disposed of. In this area, the UK is in the process of siting a geological disposal facility – a dedicated site wherein intermediate and high-level radioactive waste will be isolated from the wider environment permanently. The international consensus in the wider scientific and technical community is that this is the only feasible way to safely manage such wastes, ensuring passive safety. This is the focus of significant R&D in both the technical and academic space.”

    Dr Mark Foreman, Associate professor of Nuclear Chemistry / Industrial Materials Recycling, Chalmers University of Technology, Sweden, said:

    “Building a new power plant based on light water reactors at Sizewell is a good idea, it will provide a reliable supply of electric power which will help society reduce its dependency on fossil fuels. I hold the view that it will be a safe means of providing for the energy needs of society. Many critics of nuclear power use the example of the Chornobyl accident to argue that all nuclear power plants are unsafe. This is unreasonable, operating the Chornobyl reactor in the same way as it was just before the accident can be thought of as like roller blading along the M1. While running modern (or even a 1980s era) light water reactor is like calmly driving a Volvo equipped with all the latest safety features along the M1.”

     

    Prof Robin Grimes FRS FREng, Professor of materials physics, Imperial College London, said:

    “Large plants such as Hinckley, currently under construction and this announced plant at Sizewell are very good at providing constant base load electricity capacity. They are also good for supporting grid stability and providing inertia. Of course they offer generation diversity and energy security. They will offer these benefits for many decades. As we turn to more electricity use to reduce carbon emissions we will need more nuclear electrify. However, large plant are less good at helping with the inherent intermittency of renewables. For this we need the greater flexibility as provided by small modular reactors or the higher temperatures of advanced modular reactors which offer access to more technology options for decarbonisation. I therefore see this announcement as part of the systems approach by which we progress to greater energy security and decarbonisation.”

    Prof David Armstrong, Professor of Materials Science and Engineering (Department of Materials), University of Oxford, said:

    “This is excellent news for the UK energy landscape. As the UKs aging AGR fleet retires new baseload energy is required. Sizewell C will sit alongside Hinkley Point B to provide sustainable emission free baseload energy complementing the growing wind and solar power and making a significant contribution to UK energy security.”

    Dr Iain Staffell, Associate Professor of Sustainable Energy at the Centre for Environmental Policy, Imperial College London, said:

    “Today’s decision is an important one, but even with Hinkley C and Sizewell C, the UK’s nuclear capacity in the 2030s will still be below its 1990s peak.

    “After a decade of dithering, Sizewell C is a litmus test of the UK’s ability to deliver complex infrastructure on schedule.

    “This deal lives or dies on its delivery.  Sizewell C must be built on time and on budget, learning from the (many) mistakes from Hinkley Point C and other UK mega-projects.

    “Nuclear power offers a strong energy security hedge.  Fuel and key parts can be stockpiled, insulating consumers from foreign instability and gas price spikes.

    “Sizewell C won’t start generating for nearly a decade if it is built on time, so it only just contributes towards the Government’s 2035 clean-power goal.  But, it is building for the long-term, and will deliver carbon-free electricity well into the 2080s.

    “People are rightly concerned by the environmental impacts and emissions from the enormous construction project, but compared to the scale of energy production over the next six decades, nuclear remains one of the cleanest power sources we have.

    “The upfront cost is undoubtedly high.  £14 billion could fund around 10 GW of offshore wind versus just 3.2 GW of nuclear.  But, these reactors will run day and night, especially valuable when the wind is not blowing.”

    Louis Barson, the Institute of Physics Director of Science, Innovation and Skills said:  

    “It is good to see this decision made about developing Sizewell C. New nuclear will play a vital role in bringing reliable, secure and affordable power to new markets, decarbonising industry and helping countries meet their net zero commitments – as part of our future low-carbon energy mix.

    “But we need to make sure we also pay attention to the desperate need for hundreds of thousands of skilled workers to support both this project and the development of smaller, modular, nuclear reactors. 

    “Signing off on Sizewell C is only half the picture, we need the nuclear-ready scientific workforce to make it a reality: that means more physics teachers, well-funded physics departments in universities and a healthy pipeline of physics talent.” 

    Tom Greatrex, Chief Executive, Nuclear Industry Association, said:

    On Sizewell C Given Go-Ahead from Government

    “This is a momentous day for Sizewell C and for the British nuclear programme. Sizewell C is one of Britain’s most important clean power projects, and will give the country the jobs, the economic growth and the energy security we need to ensure a secure and reliable power supply for the future. This record investment confirms the government is serious about building new nuclear and all the economic benefits that come with it, and will be welcomed in communities the length and breadth of Britain.”

    On Rolls-Royce SMR Winning the UK SMR Competition

    “This is a hugely significant moment for Rolls-Royce SMR and for the British nuclear programme. These SMRs will provide essential energy security and clean power alongside large scale reactors, all the while creating thousands of well-paid, skilled jobs, opportunities for growth right across the country and significant export potential. We look forward to working with Rolls-Royce SMR and all other potential SMR vendors, including those not successful today, on making Britain the best place to build new nuclear anywhere in the world.”

     

    Prof Mark Wenman, Professor in Nuclear Materials, Imperial College London, said:

    “This is a big step forward.  Since the 1990s the amount of nuclear energy the UK produces has been steadily declining from around 12 to 4.5 GWe today.  Sizewell C will help reverse this trend and  further provide the UK with energy security. It will help balance the grid with the increase of renewables, replace fossil fuel plants and protect us against potential blackouts, as recently seen in Spain.  Whilst the costs may seem high initially, this needs to be balanced against the fact that these reactors will produce low carbon electricity  for 80 or possibly 100 years, 24/7, providing around a tenth of the current  UK electricity needs.  Once paid for, nuclear reactors produce the cheapest  electricity of any kind, so this investment should be seen as future proofing the UK electricity system.”

     

    Prof Adrian Bull, Chair in Nuclear Energy and Society, Dalton Nuclear Institute, University of Manchester, said:

    “It’s very welcome news to see the announcements today of Government support for a new wave of nuclear power in this country.  We’ve known for decades that reliance on imported gas could ruin the environment – but recent years showed us that it can ruin the economy too.  Nuclear gives much-needed resilience against global fossil fuel prices, without emitting the gases that cause climate change, so it’s excellent news that we are going to see new plants – both large and small – built.

    “I’m especially pleased that we have finally got over our national phobia of replicating a previous project.  We’ve never done that in our UK nuclear fleet before, but the rest of the world learned ages ago that series construction is the route to certainty over the time and budget for such projects.  Doing the same things at Sizewell which we have already done at Hinkley Point is much easier than starting from scratch to build a massively complex plant for the first time.

    “The announcement of Rolls Royce as the winner of the SMR competition is a welcome sign of progress, but it’s disappointing to see only one winner selected, when we had all anticipated more.  Government has long been supporting the Rolls Royce SMR project – with over £200m of public funds provided already – so it was inconceivable they would not be on the podium at the end of the race.  Seeing them there alone makes the two years spent by Great British Nuclear on running a competition look like time and effort that could have been better spent.

    “Overall though, these nuclear plants – whilst not cheap – will produce reliable, low carbon electricity around the clock and will most likely do so for the best part of a century.  This is an investment in our grandchildren’s future as well as helping towards our 2050 climate goal.”

    Prof Dame Sue Ion GBE FREng FRS, a Fellow of the Royal Academy of Engineering, said:

    “It’s really good news that the Government is finally taking steps to ensure that nuclear energy plays the vital role it should in achieving significant quantities of stable low carbon electricity.  Perhaps as importantly, if not more so, is the news that Rolls Royce’s Small Modular Reactor has been selected as the technology of choice to progress the opportunity presented by SMRs.  These systems are designed from the outset to be modular, with modern construction techniques using much more factory fabrication, so they will be faster and easier to build.”

    Prof Tom Scott, Professor in Materials, University of Bristol, said:

    “This is an extremely important strategic step for the UK towards achieving net zero carbon emissions.  Nuclear energy is a safe, secure and reliable form of electricity generation.  With the lessons learnt from the Hinkley Point C project, and with the experienced workforce and supply chain that has been established because of it, my expectations are high for the delivery of Sizewell C at a much lower cost and shorter timescale.

    “The announcement about Government investment in Sizewell C and more excitingly, about the investment in Small Modular Reactors (SMRs), really shows the Government’s understanding and commitment towards nuclear as a key part of the solution towards achieving zero carbon emissions in the UK.

    “SMRs offer the potential for providing new nuclear power stations much faster and more cheaply than conventional large-scale light water reactors like Hinkley Point C.  Ultimately, the roll-out of SMRs delivered by British companies like Rolls-Royce will help to keep our electricity prices low whilst also generating high-value jobs across the U.K.  This is a smart investment for the UK.”

    Dr Mark Foreman, Associate professor of Nuclear Chemistry / Industrial Materials Recycling, Chalmers University of Technology, Sweden, said:

    “Building a new power plant based on light water reactors at Sizewell is a good idea, it will provide a reliable supply of electric power which will help society reduce its dependency on fossil fuels.  I hold the view that it will be a safe means of providing for the energy needs of society.  Many critics of nuclear power use the example of the Chornobyl accident to argue that all nuclear power plants are unsafe.  This is unreasonable, operating the Chornobyl reactor in the same way as it was just before the accident can be thought of as like roller blading along the M1.  While running modern (or even a 1980s era) light water reactor is like calmly driving a Volvo equipped with all the latest safety features along the M1.”

    **https://www.bbc.co.uk/news/articles/c4gr3nd5zy6o

    Declared interests

    Prof Adrian Bull: “I am a (paid) part time Professor at the Dalton Nuclear Institute, part of the University of Manchester; I am a (paid) consultant for US nuclear communications consultancy Full On Communications; I am an (unpaid) Board member of the Northern Nuclear Alliance; I am an (unpaid) Trustee of the Nuclear Institute; and am also the President-Elect, taking over in Jan 2026.”

    Prof Dame Sue Ion: “Sue is Honorary President of the National Skills Academy for Nuclear.” “Sue is also a member of the Nuclear Regulatory Task Force.”

    Prof Tom Scott: “In terms of interests, I am Director of the Spur West Nuclear Hub and Professor of Nuclear Materials at the University of Bristol sponsored by the Royal Academy of Engineering and the UK Atomic Energy Authority.

    The nuclear hub is a consortium of academic, industrial and governmental partners coalescing around the requirement for research, skills and innovation in the UK nuclear sector.”

    Dr Mark Foreman: “I have worked on advanced nuclear reprocessing for years and have also have worked on nuclear reactor safety issues.  I have done and supervised research on the chemistry of nuclear accidents.”

    Prof Mark Wenman “I have previously received funding for research from EDF Energy, Rolls-Royce, the UK National Nuclear Lab”

    Tom Greatrex “The NIA is funded by its 320 member companies from across the civil nuclear industry.”

    Dr Iain Staffell “I receive industry funding from a several companies in the UK and European energy sector, I try to keep this balanced so as not to over-represent any one technology or organization.  Recent funding sources include: Drax, Octopus, SSE, HM Government, NESO (National Grid), EWE, Aurora, Baringa, Shell, Uniper, SLB, and the World Bank.”

    Prof David Armstrong “I’ve had funding from UKAEA, Rolls Royce and EdF for research and students over the last 20 years.”

    Prof Robin Grimes “I am a non-executive director of UKAEA and receive research funding from the UK national nuclear laboratory.”

    Dr Mark Foreman “I do not currently get any money from the nuclear industry, I do not stand to make any money from the sales of nuclear products / technology. I have not been employed by the nuclear industry. I think that in terms of conflicts of interest I have none.”

    Dr Lewis Blackburn He receives funding from industry via Nuclear Decommissioning Authority, National Nuclear Laboratory, and Nuclear Waste Services”

    Stephanie Baxter “No conflicts of interest.”

    Will Davis “No conflicts of interest.”

    Prof Andy Stirling “no conflicts of interest to declare.”

    Dr Phil Johnstone “no conflicts of interest to declare.”

    Dr Sarah Darby “I have no conflicts of interest to declare.”

    For all other experts, no reply to our request for DOIs was received.

    MIL OSI United Kingdom

  • MIL-Evening Report: Te Pāti Māori condemns Israel for Gaza ‘horrific violence’ over Madleen arrest

    Asia Pacific Report

    Aotearoa New Zealand’s Te Pāti Māori has condemned the Israeli navy’s armed interception of the Madleen, a civilian aid vessel attempting to carry food, medical supplies, and international activists to Gaza, including Sweden’s climate activist Greta Thunberg.

    In a statement after the Madleen’s communications were cut, the indigenous political party said it was not known if the crew were safe and unharmed.

    However, Israel has begun deportations of the activists and has confiscated the yacht and its aid supplies for Gaza.

    “This is the latest act in a horrific string of violence against civilians trying to access meagre aid,” said Te Pāti Māori co-leader Debbie Ngarewa-Packer.

    “Since May 27, more than 130 civilians have murdered been while lining up for food at aid sites.

    “This is not an arrest [of the Madleen crew], it as an abduction. We have grave concerns for the safety of the crew.

    “Israel [has] proven time again they aren’t above committing violence against civilians.

    “Blocking baby formula and prosthetics while a people are deliberately starved is not border patrol, it is genocide.”

    Te Pāti Māori said it called on the New Zealand government to:

    • Demand safe release of all crew;
    • Demand safe passage of Aid to Gaza;
    • Name this blockade and starvation campaign for what it is — genocide; and
    • Sanction Israel for their crimes against humanity

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Economics: Secretary-General of ASEAN meets with the Minister of Trade and Industry of Norway

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with the Minister of Trade and Industry of Norway, H.E. Cecilie Myrseth, in Oslo, Norway, on 10 June 2025.  During their meeting, Dr. Kao Kim Hourn and H.E. Cecilie Myrseth discussed recent global economic developments and sought concrete ways to strengthen trade and investment relations between ASEAN and Norway, including through increased cooperation on green transition, maritime economy, digitalization, and the development of the Work Plan to implement the ASEAN-European Free Trade Association (EFTA) Joint Declaration on Economic Cooperation.

    The post Secretary-General of ASEAN meets with the Minister of Trade and Industry of Norway appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN pays a Courtesy Call on Prime Minister of Norway

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, paid a courtesy call on the Prime Minister of Norway, H.E. Jonas Gahr Støre, during his Working Visit to Norway, on 10 June 2025.
     
    Both sides exchanged views on regional and international developments and discussed ways to further advance ASEAN-Norway ties, as ASEAN and Norway celebrate their tenth anniversary of the ASEAN-Norway Sectoral Dialogue Partnership this year.
     

    The post Secretary-General of ASEAN pays a Courtesy Call on Prime Minister of Norway appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI: Sydbank A/S share buyback programme: transactions in week 23

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 26/2025

    Peberlyk 4
    6200 Aabenraa
    Denmark

    Tel +45 74 37 37 37
    Fax +45 74 37 35 36

    Sydbank A/S
    CVR No DK 12626509, Aabenraa
    sydbank.dk

    10 June 2025  

    Dear Sirs

    Sydbank A/S share buyback programme: transactions in week 23
    On 26 February 2025 Sydbank A/S announced a share buyback programme of DKK 1,350m. The share buyback programme commenced on 3 March 2025 and will be completed by 31 January 2026.

    The purpose of the share buyback programme is to reduce the share capital of Sydbank A/S and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

    The following transactions have been made under the share buyback programme:

      Number of shares VWAP Gross value (DKK)
    Accumulated, most recent
    Announcement

    933,000

     

    391,688,360.00

    02. June 2025
    03. June 2025
    04. June 2025
    05. June 2025 (Constitution Day)
    06. June 2025
    13,000
    12,000
    12,000

    13,000
    444.21
    442.90
    443.61

    448.68
    5,774,730.00
    5,314,800.00
    5,323,320.00

    5,832,840.00
    Total over week 23 50,000   22,245,690.00
    Total accumulated during the
    share buyback programme

    983,000

     

    413,934,050.00

    All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

    Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

    Following the above transactions, Sydbank A/S holds a total of 983,283 own shares, equal to 1.92% of the Bank’s share capital.

    Yours sincerely
            
    Mark Luscombe        Jørn Adam Møller
    CEO        Deputy Group Chief Executive

    Attachment

    The MIL Network

  • MIL-OSI Russia: UN chief warns against turning deep sea into ‘Wild West’

    Translation. Region: Russian Federal

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

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

    NICE, France, June 10 (Xinhua) — Countries must respect science and international law when it comes to exploiting the seabed to prevent it from becoming a lawless “Wild West,” U.N. Secretary-General Antonio Guterres said Monday at the opening of the third U.N. Ocean Conference in Nice, southeastern France.

    He said there was a need to balance legitimate concerns about environmental impacts with legitimate interests in using ocean resources to support economic sustainability and the transition to green energy. He stressed that future actions should be “science-based, precautionary and consistent with the rights and obligations enshrined in the UN Convention on the Law of the Sea.”

    “I support the ongoing work of the International Seabed Authority on this important issue. The deep sea cannot become the Wild West,” the Secretary-General added.

    The third UN Ocean Conference, co-hosted by France and Costa Rica, aims to contribute to the achievement of Sustainable Development Goal 14 (SDG14): conserve and sustainably use the oceans, seas and marine resources.

    Speaking at the opening of the conference, French President Emmanuel Macron also spoke out against deep-sea exploitation, warning that much of the seabed remains largely unexplored. “It is madness to exploit the deep sea before exploration has even begun… A moratorium on deep sea exploitation is an international imperative,” Macron said.

    “The deep sea is not for sale, just like Greenland, Antarctica or the open sea,” he said.

    In April, US President Donald Trump signed an executive order allowing deep-sea mining, a unilateral move that drew criticism from the International Seabed Authority. –0–

    MIL OSI Russia News

  • MIL-OSI: Municipality Finance issues a GBP 100 million tap under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    10 June 2025 at 10:00 am (EEST)

    Municipality Finance issues a GBP 100 million tap under its MTN programme

    On 11 June 2025 Municipality Finance Plc issues a new tranche in an amount of GBP 100 million to an existing benchmark issued on 7 March 2024. With the new tranche, the aggregate nominal amount of the benchmark is GBP 650 million. The maturity date of the benchmark is 2 October 2028. The benchmark bears interest at a fixed rate of 4.375 % per annum.

    The new tranche is issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the new tranche to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 11 June 2025. The existing notes in the series are admitted to trading on the Helsinki Stock Exchange.

    Deutsche Bank Aktiengesellschaft acts as the Dealer for the issue of the new tranche.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland.
    The Group’s balance sheet is over EUR 53 billion.

    MuniFin builds a better and more sustainable future with its customers. Our customers include municipalities, joint municipal authorities, wellbeing services counties, joint county authorities, corporate entities under the control of the above-mentioned organisations, and affordable social housing. Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: www.munifin.fi

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network

  • MIL-OSI: Nokia and Leonardo partner to deliver worldwide mission-critical private wireless networks for public safety and critical infrastructures

    Source: GlobeNewswire (MIL-OSI)

    Nokia and Leonardo partner to deliver worldwide mission-critical private wireless networks for public safety and critical infrastructures

    • Leonardo’s Mission Critical Services platform (MC_linX) will be integrated into Nokia’s Core Enterprise Solutions.
    • The integrated solution will enable real-time communication, emergency response, and situational awareness for public safety, power utilities, and railways.

    10 June 2025
    Espoo, Finland – Nokia today announced a partnership with Leonardo, a global leader in Aerospace, Defense, and Security, to deliver cutting-edge mission-critical services worldwide integrated into Nokia’s Core Enterprise Solutions. The solid collaboration strengthens Nokia’s leadership in secure and scalable private wireless connectivity for essential services like public safety and industrial segments such as energy and railways that demand the highest performance, resilience, and reliability levels.

    Nokia will embed Leonardo’s flagship Mission Critical Services platform MC_linX a next-generation broadband mission-critical services platform, into Nokia’s enterprise solutions portfolio. This technology combination will deliver worldwide a pre-integrated solution that accelerates deployment, reduces complexity, and ensures operational readiness. It also enables faster emergency response, increasing operational safety, and improving service reliability – ultimately benefiting communities and essential services worldwide.

    “By combining Nokia’s robust private wireless and core software capabilities with Leonardo’s trusted mission-critical technologies, we are delivering a seamless solution that meets the stringent demands of industries like public safety, energy, and rail. This partnership demonstrates our commitment to empowering critical infrastructure with secure, real-time, resilient communication solutions,” said Prakash Sagadopan, Head of Enterprise Wide Area Networks, Nokia.

    “We are thrilled that Nokia selected Leonardo’s MC_linX for the integration into their Core Enterprise Solutions after an in-depth competitive process. Leveraging the high scalability and reliability of our Mission Critical Services platform together with Nokia we provide an entirely made in Europe, unparalleled communication ecosystem for Public Safety and Critical Infrastructures,” said Claudio Rando, SVP Marketing & Sales, Leonardo Cyber & Security Solutions Division.

    Fully compliant with 3GPP standards, the MC_linX platform enables mission-critical push-to-talk, video, and data services over private and commercial LTE/5G networks, supporting real-time communication, enhanced situational awareness, and fast, coordinated responses. Nokia’s Core Enterprise Solutions offer customized, low-footprint core modules optimized for mission-critical communications in public safety, utilities, and railway operations.

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    About Leonardo
    Leonardo is an international industrial group, among the main global companies in Aerospace, Defence, and Security (AD&S). With 60,000 employees worldwide, the company approaches global security through the Helicopters, Electronics, Aeronautics, Cyber & Security and Space sectors, and is a partner on the most important international programmes such as Eurofighter, JSF, NH-90, FREMM, GCAP, and Eurodrone. Leonardo has significant production capabilities in Italy, the UK, Poland, and the USA. Leonardo utilises its subsidiaries, joint ventures, and shareholdings, which include Leonardo DRS (71.6%), MBDA (25%), ATR (50% ), Hensoldt (22.8%), Telespazio (67%), Thales Alenia Space (33%), and Avio (29.6%). Listed on the Milan Stock Exchange (LDO), in 2024 Leonardo recorded new orders for €20.9 billion, with an order book of €44.2 billion and consolidated revenues of €17.8 billion. Included in the MIB ESG index, the company has also been part of the Dow Jones Sustainability Indices (DJSI) since 2010.

    Leonardo’s expertise in the mission critical communications sector relies on several decades of successful design, supply, delivery and service of mission critical networks, ranging from Land Mobile Radio systems to the next-generation broadband systems for Public Safety and Critical Infrastructures.

    Multimedia, technical information and related news
    Web Page:

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow Nokia on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network

  • MIL-OSI Europe: OSCE organizes study trip to Finland for representatives of the Graduate School of Business and Entrepreneurship

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

    Headline: OSCE organizes study trip to Finland for representatives of the Graduate School of Business and Entrepreneurship

    Meeting at the Helsinki Region Chamber of Commerce (OSCE) Photo details

    From 2 to 6 June, the OSCE Project Co-ordinator in Uzbekistan (PCUz) organized a study visit to Finland for a delegation from the Graduate School of Business and Entrepreneurship under the Cabinet of Ministers of Uzbekistan. The visit aimed at deepening institutional knowledge on sustainable development, green economy policies and educational innovation.
    The programme included a series of meetings with Finnish governmental bodies, educational institutions and business associations to explore Finland’s successful integration of sustainability into governance, education and entrepreneurship.
    During the visit, the Uzbek delegation met with key Finnish institutions including the Finnish Institute of Public Management (HAUS), the Finnish Association of Entrepreneurs, Aalto and Metropolia universities and the Helsinki Region Chamber of Commerce, amongst other partners.
    Discussions focused on integrating sustainability into public administration, supporting green entrepreneurship and embedding green economy principles into education and training.
    The programme also featured site visits to the city of Lahti, highlighting Finland’s circular economy and waste management practices, offering practical insights into how government, academia and the private sector collaborate to promote sustainable development.
    The study trip is a continuation of the PCUz’s support of Uzbekistan’s green transition and ongoing collaboration with the Graduate School of Business and Entrepreneurship in improving its curriculum and best practices.

    MIL OSI Europe News

  • MIL-OSI: Euronext announces volumes for May 2025

    Source: GlobeNewswire (MIL-OSI)

    Euronext announces volumes for May 2025        

    Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 10 June 2025 – Euronext, the leading European capital market infrastructure, today announced trading volumes for May 2025.

    Euronext informs that the template has been aligned with the new reporting framework, which was implemented as of the first quarter 2025 results publication.

    Monthly and historical volume tables are available at this address:

    euronext.com/investor-relations#monthly-volumes

    CONTACTS  

    ANALYSTS & INVESTORS ir@euronext.com

    Investor Relations        Aurélie Cohen                 

            Judith Stein        +33 6 15 23 91 97          

    MEDIA – mediateam@euronext.com 

    Europe        Aurélie Cohen         +33 1 70 48 24 45   

            Andrea Monzani         +39 02 72 42 62 13 

    Belgium        Marianne Aalders         +32 26 20 15 01                 

    France, Corporate        Flavio Bornancin-Tomasella        +33 1 70 48 24 45                 

    Ireland        Catalina Augspach        +33 6 82 09 99 70                        

    Italy         Ester Russom         +39 02 72 42 67 56                 

    The Netherlands        Marianne Aalders         +31 20 721 41 33                 

    Norway         Cathrine Lorvik Segerlund        +47 41 69 59 10                 

    Portugal         Sandra Machado        +351 91 777 68 97                 

    About Euronext  

    Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal.

    As of March 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal host nearly 1,800 listed issuers with €6.3 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.

    For the latest news, go to euronext.com or follow us on X and LinkedIn.

    Disclaimer

    This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at www.euronext.com/terms-use.

    © 2025, Euronext N.V. – All rights reserved. 

    The Euronext Group processes your personal data in order to provide you with information about Euronext (the “Purpose”). With regard to the processing of this personal data, Euronext will comply with its obligations under Regulation (EU) 2016/679 of the European Parliament and Council of 27 April 2016 (General Data Protection Regulation, “GDPR”), and any applicable national laws, rules and regulations implementing the GDPR, as provided in its privacy statement available at: www.euronext.com/privacy-policy. In accordance with the applicable legislation you have rights with regard to the processing of your personal data: for more information on your rights, please refer to: www.euronext.com/data_subjects_rights_request_information. To make a request regarding the processing of your data or to unsubscribe from this press release service, please use our data subject request form at connect2.euronext.com/form/data-subjects-rights-request or email our Data Protection Officer at dpo@euronext.com.

    Attachment

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