NewzIntel.com

Category: Scandinavia

  • MIL-OSI Economics: AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN CARTIER RESOURCES INC.

    Source: Agnico Eagle Mines

    Stock Symbol:  AEM (NYSE and TSX)

    TORONTO, March 20, 2025 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle”) announced today that it has agreed to subscribe for 20,770,000 units (“Units”) of Cartier Resources Inc. (“Cartier”) in a non-brokered private placement at a price of C$0.13 per Unit for total consideration of C$2,700,100 (the “Private Placement”). Each Unit is comprised of one common share of Cartier (a “Common Share”) and one common share purchase warrant of Cartier (each, an “Offering Warrant”). Each Offering Warrant entitles the holder to acquire one Common Share at a price of C$0.18 for a period of five years following the closing date of the Private Placement, subject to acceleration in certain circumstances. Closing is expected to occur on or about April 10, 2025 and is subject to certain conditions.

    Agnico Eagle currently owns, or exercises control and direction over, an aggregate of 97,022,944 Common Shares and 7,000,000 Common Share purchase warrants entitling Agnico Eagle to acquire 7,000,000 Common Shares (the “Existing Warrants”), representing approximately 26.6% of the issued and outstanding Common Shares on an undiluted basis and 28.0% of the issued and outstanding Common Shares on a partially-diluted basis (assuming the exercise of the Existing Warrants). On closing of the Private Placement, assuming that 39,432,000 Common Shares are issued by Cartier in connection with the concurrent “best efforts” private placement offering announced by Cartier, Agnico Eagle will own 117,792,944 Common Shares, 20,770,000 Offering Warrants and 7,000,000 Existing Warrants, representing approximately 27.7% of the issued and outstanding Common Shares on an undiluted basis and approximately 32.2% of the Common Shares on a partially-diluted basis (assuming the exercise of the Existing Warrants and Offering Warrants held by Agnico Eagle).

    Agnico Eagle and Cartier were party to an amended and restated investor rights agreement dated May 20, 2022 (the “Existing Agnico IRA”), pursuant to which Agnico Eagle was entitled to certain rights (subject to maintaining certain ownership thresholds), including: (a) the right to participate in certain equity financings by Cartier in order to acquire up to a 19.97% ownership interest in Cartier; and (b) the right to nominate one person (and in the case of an increase in the size of the board of directors of Cartier to 10 or more directors, two persons) to the board of directors of Cartier. In addition, Agnico Eagle Abitibi Acquisition Corp. (successor to O3 Mining Inc.), an indirect wholly-owned subsidiary of Agnico Eagle, and Cartier were party to an investor rights agreement dated April 21, 2022 (the “Existing O3 IRA”), pursuant to which Agnico Eagle Abitibi Acquisition Corp. was entitled to certain rights (subject to maintaining certain ownership thresholds), including: (i) the right to participate in certain equity financings by Cartier in order to maintain its then-current ownership interest in Cartier; and (ii) the right to nominate one person to the board of directors of Cartier.

    Immediately prior to entering into the subscription agreement in respect of the Private Placement, the Existing O3 IRA was terminated and the Existing Agnico IRA was amended and restated in order to, among other things: (a) increase the ownership interest ceiling in the participation right and top-up right from 19.97% to the greater of Agnico Eagle’s pro rata ownership interest in Cartier at the applicable time and 32%; (b) amend the nomination right to permit Agnico Eagle to nominate between one and three individuals to the board of directors of Cartier (based on certain ownership thresholds and the size of the board of directors of Cartier); and (c) grant Agnico Eagle demand registration and piggy-back registration rights in respect of the potential sale of Common Shares by Agnico Eagle.

    Agnico Eagle is acquiring the Common Shares and Offering Warrants for investment purposes. Depending on market conditions and other factors, Agnico Eagle may, from time to time, acquire additional Common Shares, common share purchase warrants or other securities of Cartier or dispose of some or all of the Common Shares, Offering Warrants, Existing Warrants or other securities of Cartier it owns at such time.

    An early warning report will be filed by Agnico Eagle in accordance with applicable securities laws. To obtain a copy of the early warning report, please contact:

    Agnico Eagle Mines Limited
    c/o Investor Relations
    145 King Street East, Suite 400
    Toronto, Ontario M5C 2Y7
    Telephone: 416-947-1212
    Email: investor.relations@agnicoeagle.com

    Agnico Eagle’s head office is located at 145 King Street East, Suite 400, Toronto, Ontario M5C 2Y7. Cartier’s head office is located at 1740, chemin Sullivan, bureau 1000, Val d’Or, Québec J9P 7H1.

    About Agnico Eagle

    Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of high-quality exploration and development projects. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

    Forward-Looking Statements

    The information in this news release has been prepared as at March 20, 2025. Certain statements in this news release, referred to herein as “forward-looking statements”, constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as “may”, “will” or similar terms.

    Forward-looking statements in this news release include, without limitation, statements relating to the expected closing of the Private Placement (including the expected closing date), Agnico Eagle’s ownership interest in Cartier upon closing of the Private Placement and Agnico Eagle’s acquisition or disposition of securities of Cartier in the future.

    Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Agnico Eagle as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Other than as required by law, Agnico Eagle does not intend, and does not assume any obligation, to update these forward-looking statements.

    View original content to download multimedia:https://www.prnewswire.com/news-releases/agnico-eagle-announces-additional-investment-in-cartier-resources-inc-302406980.html

    SOURCE Agnico Eagle Mines Limited

    MIL OSI Economics –

  • MIL-OSI Africa: Islamic State in Somalia: the terrorist group’s origins, rise and recent battlefield defeats

    Source: The Conversation – Africa – By Stig Jarle Hansen, Professor of International Relations, Norwegian University of Life Sciences

    The Islamic State in Somalia is an affiliate of the transnational jihadist group Islamic State, known in short as ISIS. Based in the semi-autonomous northern Somalia territory of Puntland, the terrorist group was the target of the first foreign combat operation of the Trump administration in February 2025. Previously, the group has been linked to planned terror attacks on the Vatican and on the Israeli embassy in Stockholm. Stig Jarle Hansen, a researcher and author of several books on jihadism in Africa, examines its origins, rise and recent battlefield defeats in the mountains of Puntland.

    1. The rise of the Islamic State

    Before the establishment of the Islamic State in Somalia in 2015, the Somali jihadist group al-Shabaab had established itself in the north. The small group had extensive connections to smuggling networks. It later split into two and the future leader of the Islamic State in Somalia, Sheikh Abdulqader Muumin, emerged from one of the splinter groups.

    In Somalia, clans define the relationship between people and all actors in the society. The connections of the new group to the Ali Suleiban sub-clan enabled it to profit from the clan’s links to smuggling and maritime piracy groups.

    Puntland is the hub of communication and maritime trade between Somalia and Yemen, as well as the wider Middle East. Smuggling has gone on in the region for centuries. The rugged terrain is ideal for piracy, illegal smuggling and insurgents.

    Puntland has been more or less autonomous from the rest of Somalia for more than three decades, and the Somali government has little influence there today.

    2. The jihadist behind the Islamic State in Somalia

    Muumin lived in Sweden through the 1990s and early 2000s and later moved to the UK. Back in Somalia, he joined al-Shabaab and became a prominent figure in the group’s jihadist videos. Such videos aim to maintain morals, attract new recruits and create sympathy for the group.

    In 2015, Muumin defected to lead the Islamic State in Somalia. His second-in-command was another Ali Suleiban clansman, Mahad Moalim. In 2016, the first video of the group was circulated through Islamic State media outlets.

    A milestone for the group followed its 2017 suicide bombing of the Juba Hotel in Bosaso, Puntland’s commercial capital and sea port. This enabled the Islamic State in Somalia to pressure Bossaso-based businesses to pay it protection money, the single most important source of income. In 2017-2018, the group is believed to have been behind as many as 50 assassinations in central Somalia. The killings were a forceful tool to generate protection money.

    On 27 July 2018, the Somali group was officially designated as a full province by the Islamic State, also known as ISIS. The Maktab al-Karrar regional office was based in the small Puntland chapter, giving it global responsibilities.

    The Somali group was made responsible for the central African and the Mozambique provinces of the Islamic State. Money flowed to the group from the Islamic State, as did extortion money from Bossaso, other northern Puntland cities and more infrequently from Mogadishu.

    In the first half of 2022, the US Treasury claimed that the organisation generated US$2.3 million from extortion payments, related imports, livestock and agriculture. The regional office and Muumin emerged as key financial players in east Africa, and even outside it, from their base in Buur Dexhtaal in Bari Puntland. Indeed, unnamed US officials claimed in 2023 that Muumim had been made the transnational leader of the Islamic State.

    3. An overblown reputation

    The Islamic State’s reputation in Somalia is often overstated. The group has never captured or held large territories. Its numbers in 2024 were estimated to be between 600 and 1,600. That pales in comparison to al-Shabaab in the south of Somalia.

    Its links to a planned attack on the Israeli embassy in Stockholm 2024 were probably weak and failed to hold up in court. And the jihadist linked to a planned attack in the Vatican 2018 seems to have left Islamic State prior to the planning.

    It is also doubtful that Muumin is the global leader of the Islamic State as claimed by some. That’s for two main reasons. First, an Islamic State leader has to be drawn from a tribe related to the prophet (Qureshi). Muumin is not. Second, the Islamic State in Somalia is the smallest of the Islamic State provinces in Africa. It is likely that a leader of a stronger province would have ranked higher.

    Although the income-gathering capacities of the Puntland-based group give it prominence in the Islamic State media, the Islamic State in Somalia does not rank higher than the Islamic State in the Sahara and Mozambique.

    4. Down but not out

    The Puntland authorities launched a relatively successful counter-offensive against the Islamic State in January 2025. This was combined with air support by the US and the United Arab Emirates.

    Puntland won important battles in January and February, including an attack in which it killed 70 Islamic State fighters.

    By late February, the morale of the Islamic State fighters seemed to break. With the fall of Buur Dexhtaal, the main base, in March, all the larger known bases had fallen. Many of the fleeing foreign fighters were captured.

    But the Islamic State is not defeated. The terrain enabled some of the fighters to hide. Neither Muumin, who is in his 70s, nor his second-in-command Abdirahman Fahiye have been reported killed. There are at least several hundred fighters left.

    If the Islamic State is still able to extort money from the northern business community, it could recruit from the large numbers of Oromo Ethiopian refugees in and around Bosaso, as well as locals who need jobs.

    – Islamic State in Somalia: the terrorist group’s origins, rise and recent battlefield defeats
    – https://theconversation.com/islamic-state-in-somalia-the-terrorist-groups-origins-rise-and-recent-battlefield-defeats-252303

    MIL OSI Africa –

  • MIL-OSI Global: Islamic State in Somalia: the terrorist group’s origins, rise and recent battlefield defeats

    Source: The Conversation – Africa – By Stig Jarle Hansen, Professor of International Relations, Norwegian University of Life Sciences

    The Islamic State in Somalia is an affiliate of the transnational jihadist group Islamic State, known in short as ISIS. Based in the semi-autonomous northern Somalia territory of Puntland, the terrorist group was the target of the first foreign combat operation of the Trump administration in February 2025. Previously, the group has been linked to planned terror attacks on the Vatican and on the Israeli embassy in Stockholm. Stig Jarle Hansen, a researcher and author of several books on jihadism in Africa, examines its origins, rise and recent battlefield defeats in the mountains of Puntland.

    1. The rise of the Islamic State

    Before the establishment of the Islamic State in Somalia in 2015, the Somali jihadist group al-Shabaab had established itself in the north. The small group had extensive connections to smuggling networks. It later split into two and the future leader of the Islamic State in Somalia, Sheikh Abdulqader Muumin, emerged from one of the splinter groups.

    In Somalia, clans define the relationship between people and all actors in the society. The connections of the new group to the Ali Suleiban sub-clan enabled it to profit from the clan’s links to smuggling and maritime piracy groups.

    Puntland is the hub of communication and maritime trade between Somalia and Yemen, as well as the wider Middle East. Smuggling has gone on in the region for centuries. The rugged terrain is ideal for piracy, illegal smuggling and insurgents.

    Puntland has been more or less autonomous from the rest of Somalia for more than three decades, and the Somali government has little influence there today.

    2. The jihadist behind the Islamic State in Somalia

    Muumin lived in Sweden through the 1990s and early 2000s and later moved to the UK. Back in Somalia, he joined al-Shabaab and became a prominent figure in the group’s jihadist videos. Such videos aim to maintain morals, attract new recruits and create sympathy for the group.

    In 2015, Muumin defected to lead the Islamic State in Somalia. His second-in-command was another Ali Suleiban clansman, Mahad Moalim. In 2016, the first video of the group was circulated through Islamic State media outlets.

    A milestone for the group followed its 2017 suicide bombing of the Juba Hotel in Bosaso, Puntland’s commercial capital and sea port. This enabled the Islamic State in Somalia to pressure Bossaso-based businesses to pay it protection money, the single most important source of income. In 2017-2018, the group is believed to have been behind as many as 50 assassinations in central Somalia. The killings were a forceful tool to generate protection money.

    On 27 July 2018, the Somali group was officially designated as a full province by the Islamic State, also known as ISIS. The Maktab al-Karrar regional office was based in the small Puntland chapter, giving it global responsibilities.

    The Somali group was made responsible for the central African and the Mozambique provinces of the Islamic State. Money flowed to the group from the Islamic State, as did extortion money from Bossaso, other northern Puntland cities and more infrequently from Mogadishu.

    In the first half of 2022, the US Treasury claimed that the organisation generated US$2.3 million from extortion payments, related imports, livestock and agriculture. The regional office and Muumin emerged as key financial players in east Africa, and even outside it, from their base in Buur Dexhtaal in Bari Puntland. Indeed, unnamed US officials claimed in 2023 that Muumim had been made the transnational leader of the Islamic State.

    3. An overblown reputation

    The Islamic State’s reputation in Somalia is often overstated. The group has never captured or held large territories. Its numbers in 2024 were estimated to be between 600 and 1,600. That pales in comparison to al-Shabaab in the south of Somalia.

    Its links to a planned attack on the Israeli embassy in Stockholm 2024 were probably weak and failed to hold up in court. And the jihadist linked to a planned attack in the Vatican 2018 seems to have left Islamic State prior to the planning.

    It is also doubtful that Muumin is the global leader of the Islamic State as claimed by some. That’s for two main reasons. First, an Islamic State leader has to be drawn from a tribe related to the prophet (Qureshi). Muumin is not. Second, the Islamic State in Somalia is the smallest of the Islamic State provinces in Africa. It is likely that a leader of a stronger province would have ranked higher.

    Although the income-gathering capacities of the Puntland-based group give it prominence in the Islamic State media, the Islamic State in Somalia does not rank higher than the Islamic State in the Sahara and Mozambique.

    4. Down but not out

    The Puntland authorities launched a relatively successful counter-offensive against the Islamic State in January 2025. This was combined with air support by the US and the United Arab Emirates.

    Puntland won important battles in January and February, including an attack in which it killed 70 Islamic State fighters.

    By late February, the morale of the Islamic State fighters seemed to break. With the fall of Buur Dexhtaal, the main base, in March, all the larger known bases had fallen. Many of the fleeing foreign fighters were captured.

    But the Islamic State is not defeated. The terrain enabled some of the fighters to hide. Neither Muumin, who is in his 70s, nor his second-in-command Abdirahman Fahiye have been reported killed. There are at least several hundred fighters left.

    If the Islamic State is still able to extort money from the northern business community, it could recruit from the large numbers of Oromo Ethiopian refugees in and around Bosaso, as well as locals who need jobs.

    Stig Jarle Hansen does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Islamic State in Somalia: the terrorist group’s origins, rise and recent battlefield defeats – https://theconversation.com/islamic-state-in-somalia-the-terrorist-groups-origins-rise-and-recent-battlefield-defeats-252303

    MIL OSI – Global Reports –

  • MIL-OSI Global: The PKK says it will lay down its arms. What are the chances of lasting peace between Turkey and the Kurds? Podcast

    Source: The Conversation – UK – By Gemma Ware, Host, The Conversation Weekly Podcast, The Conversation

    For over 40 years, the Kurdistan Workers Party, the PKK, has waged an armed insurgency against Turkey, fighting for Kurdish rights and autonomy.

    But in late February, Abdullah Öcalan, the PKK’s imprisoned founder, called for the group to lay down its arms and dissolve itself. Days later, the PKK, which is labelled as a terrorist organisation by Turkey, Europe and the US, declared a ceasefire with Turkey.

    In this episode of The Conversation Weekly podcast, we speak to political scientist Pinar Dinc about what’s led to this moment and whether it could be the beginning of a lasting peace between Turkey and the Kurds.

    Despite being imprisoned in solitary confinement since his capture in 1999, Öcalan has remained a central figure in the Kurdish movement, both in Turkey and across the region.

    His call for the PKK to abandon its armed struggle came months after the leader of a Turkish ultra-nationalist political party launched an initiative to bring an end to the conflict.

    Over the past few decades, previous rounds of peace talks between the PKK and Turkey, most notably in 2009 and 2013-15, have collapsed.

    But Pinar Dinc, an associate professor of political science at Lund University in Sweden, says that since the Hamas-led October 7 attacks on Israel and the war in Gaza, the situation in the Middle East has rapidly changed. “It’s mutually beneficial to put an end to this war,” she says. “Both groups recognise the necessity of addressing regional tensions.”

    Dinc says international support for the Kurdish-led Syrian Democratic Forces in north-eastern Syria, and its Rojava revolution, means that Turkey has been forced to recognise a new “Syrian Kurdish reality”. At the same time, she says, the Kurdish movement has also reached a limit in what it can achieve in an era of modern warfare.

     Turkey has a huge army. It’s one of the biggest armies of Nato. Now we see increased use of drones surveillance and advanced weaponry, and I think the PKK guerrillas in the Qandil mountains, what they refer to as the medya defence zones, they’re also realising that this is getting more and more difficult.

    Limited discussions began in March between the Turkish government and Kurdish political parties on a way forward in peace negotiations. Dinc says this is a real opportunity for a broader reconciliation process, but there will be real challenges in the detail of what it means for Turkey’s Kurdish population.

     The PKK is an outcome of structural problems arising from the longstanding oppression and marginalisation of Kurds in Turkey, and addressing these root causes is essential for achieving lasting peace.

    Listen to the conversation with Dinc on The Conversation Weekly podcast.

    This episode of The Conversation Weekly was written and produced by Mend Mariwany. Sound design was by Eloise Stevens and theme music by Neeta Sarl. Gemma Ware is the executive producer.

    Newsclips in this episode from AP Archive, AFP News Agency, Sky News, Med TV, Gazete Duvar, DW News, Al Jazeera English and France 24 English.

    Listen to The Conversation Weekly via any of the apps listed above, download it directly via our RSS feed or find out how else to listen here.

    Pinar Dinc is the principal investigator of the ECO-Syria project, which receives funding from the Strategic Research Area: The Middle East in the Contemporary World (MECW) at the Centre for Advanced Middle Eastern Studies, Lund University, Sweden.

    – ref. The PKK says it will lay down its arms. What are the chances of lasting peace between Turkey and the Kurds? Podcast – https://theconversation.com/the-pkk-says-it-will-lay-down-its-arms-what-are-the-chances-of-lasting-peace-between-turkey-and-the-kurds-podcast-252646

    MIL OSI – Global Reports –

  • MIL-OSI Europe: Poland: Electricity grid to get further upgrades with EIB loan payment of over €400 million to Orlen Group

    Source: European Investment Bank

    • EIB set for loan of 1.7 billion Polish zlotys (€405 million) for Orlen to finance investment programme of its electricity supplier Energa Operator and improve and expand Poland’s electricity network
    • Loan to make Polish power grid more reliable and green, bolstering customer service, climate action and energy independence
    • Loan marks third and final tranche of 3.5-billion-zloty EIB loan to Orlen for upgrades to Poland’s power infrastructure

    The European Investment Bank (EIB) signed 1.7 billion Polish zlotys (€405 million) to electricity supplier Energa to improve and expand Poland’s electricity network. This is the third and final tranche of a 3.5- billion-zloty loan to Orlen for upgrades to power distribution grid in northern and central Poland.

    With the latest EIB loan tranche, Orlen subsidiary Energa Operator will upgrade over 4,600 kilometres of existing grid infrastructure, build a further 2,300 km of power lines in Poland to accommodate around 25,000 new customers. Energa Operator will also be able to modernize its electricity network’s metering systems.

    “Our support to Orlen is a strategic investment in the sustainable and long-term growth of the Polish economy,” said EIB Vice-President Teresa Czerwinska. “This underlines our strong commitment to a genuine and fair green transition, development of modern energy infrastructure and energy security for Poland and the European Union.”

    The operation advances EU goals to expand clean power such as wind and solar, become climate neutral by mid-century and reduce reliance on energy imports, outlined in RePowerEU initiative of the European Commission. It also strengthens a Polish aim of accelerating the shift to a net-zero-emissions power grid.

    “This record-high financing from the European Investment Bank is a strong vote of confidence in our growth strategy. We have an ambitious yet well-structured plan that will not only create value for our shareholders but also contribute to the broader economy. The EIB funding will be directed toward investments in our electricity distribution network, such as building new power lines and connecting new customers, including prosumers with their own renewable energy sources. These projects will be carried out by Energa Operator, which, thanks to the financing secured by ORLEN, is well-positioned to reinforce its leadership in Poland’s energy transition,” said Magdalena Bartoś, Vice President of the Management Board and Chief Financial Officer at ORLEN.

    The EIB loan supports Energa Operator long-term plans to expand the Polish national grid by 11,000 kilometres of new power lines and 7,000 kilometres of underground cables, while upgrading nearly 10,000 kilometres of existing infrastructure by the end of 2035. These investments will enable the connection of 350,000 new customers and integration of 9 GW of renewable energy sources, increasing the installed capacity of the national grid by more that 16 percent, and add energy storage facilities to further stabilise the power system.

    Background information

    EIB 

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, high-impact investments outside the European Union, and the capital markets union. The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.  

    In 2024, the EIB Group financing in Poland grew to €5.7 billion. This bolstered sustainable development of cities and regions, energy transition and included the group’s largest security defence project last year.

    High-quality, up-to-date photos of our headquarters for media use are available here.

    ORLEN Group is an integrated multi-utility energy company listed in the prestigious global Fortune Global 500. It was the first company in the region to declare achieving total emission neutrality in 2050. Thanks to the recent acquisitions and mergers, it became one of the 150 largest companies in the world. The company operates on 10 home markets: Poland, Czech Republic, Germany, Lithuania, Slovakia, Hungary, Austria, Canada, Norway and Pakistan. Retail sales are carried out using the largest network of 3,500 fuel stations in the region. The ORLEN Group’s offer reaches over 100 countries on 6 continents.

    By the end of this decade, ORLEN will have invested over PLN 320 billion to implement strategic projects, of which approximately 40% will be allocated to green investments, including wind energy at sea and on land, photovoltaics, biogas and biomethane, biofuels, electromobility, green hydrogen and synthetic fuels.

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: Edinburgh Greens bring vote on Council rejecting Trump

    Source: Scottish Greens

    20 Mar 2025 External Affairs

    Donald Trump is not welcome in Scotland.

    More in External Affairs

    Edinburgh City Council has been urged to reject Donald Trump’s upcoming state visit, with a motion from the city’s Green councillors calling for members and officers to boycott any visit and ensure that no council budgets are used in hosting it.

    The motion, which will be debated today, condemns the US President’s “emerging fascist state” and calls for the Council to ensure that none of its resources are used to support a Trump visit in any way.

    Scottish Green councillor Alex Staniforth said:

    “Edinburgh is a welcoming and diverse city that stands with the communities being attacked by Donald Trump and the far right government that he leads.

    “Donald Trump has shown a total contempt for human rights, democracy and the rule of law. Our Council does not have the power to stop him from visiting Edinburgh, but we can ensure that he is not given the warm welcome he craves.

    “There are millions of people across the US and beyond who are frightened for their friends and family who are having their rights eroded or removed by this White House. Those are the people we are standing with.

    “We hope that all parties will join us in condemning the planned state visit and rejecting Donald Trump and the politics he represents.”

    Scottish Green Co-Leader Lorna Slater said:

    “Donald Trump is no friend of Edinburgh. He is a racist, misogynist with a contempt for human rights and democracy.

    “I hope that the Council will unite around this call by Edinburgh’s Green councillors and send a loud and clear message that Donald Trump is not welcome here.”

    Motion By Councillor Alex Staniforth – Edinburgh Does Not Welcome Donald Trump

    “Council:

    1. Notes that Donald Trump attempted to overturn the democratic result of the US election on 6th January 2021.
    2. Notes that since returning to the presidency Trump has used the power of the executive to prosecute crimes to influence Eric Adams, the mayor of New York; sacked federal workers simply for not being cis white men; pardoned those involved in the attempted Jan 6th coup; removed protections for trans people; cut USAID despite not having approval from Congress; held talks over Ukraine with Putin without inviting a representative from Ukraine; raised tariffs on Mexico and Canada and threatened the sovereignty of Canada and Greenland.
    3. Notes that there is every sign that Trump’s administration is an emerging fascist state with his special advisor Elon Musk performing Nazi salutes at his inauguration.
    4. Therefore resolves that Edinburgh Council – its officers and members – will not, in any official capacity, be involved in a Donald Trump or JD Vance visit to Edinburgh and will not use its resources to support such a visit in any way.”

    MIL OSI United Kingdom –

  • MIL-OSI United Nations: UNECE discusses revisions to the standard on seed potatoes to support trade

    Source: United Nations Economic Commission for Europe

    The quality of seed potatoes is an important factor in determining crop yield, health and productivity.  Good quality seed potatoes allow for more production with less land, thus contributing to enhanced food security with reduced environmental impact.

    During the 52nd session of UNECE’s Specialized Section on Standardization of Seed Potatoes (18–20 March 2025) in Geneva, delegates agreed on revisions to the UNECE Standard for Seed Potatoes (S-1), following a three-year review process. Initially adopted in 1961, the standard helps improve seed potato quality and safety worldwide, ensure fair competition and facilitate trade.

    The review was led by the delegation of Finland and included the delegations of France, Germany, the Netherlands, Spain, the United Kingdom, the United States, the Australian Seed Potato Industry Certification Authority, Euroseeds, and Potato Certification Service South Africa. Their collaboration has ensured that the standard reflects the latest industry needs and best practices.

    The revised standard will be presented for adoption by the UNECE Working Party on Agricultural Quality Standards at its 80th session on 17-19 November 2025.

    Why this update matters

    The UNECE Standard S-1 sets a common terminology and minimum quality requirements for certifying high-quality seed potatoes for international trade.

    It is used by government authorities, farmers, exporters, and buyers to ensure seed potatoes meet global standards. Clear, harmonized certification rules help buyers and sellers understand seed potato quality, reducing technical barriers. At present, this standard is the only international framework covering all key aspects of seed potato certification:

    • Varietal identity and purity
    • Traceability and disease control
    • Pest prevention and quality checks
    • Labelling and record-keeping

    “This revised standard is a crucial tool for the global seed potato industry. By ensuring clear and consistent certification rules, we are helping producers, certifying agencies and traders ensure quality seed potatoes. In today’s trade environment, having a reliable framework like this is more valuable than ever,” noted Hanna Kortemaa, Chair of the Specialized Section on Standardization of Seed Potatoes and Director of the Plant Production Department at the Finnish Food Authority.

    Key updates in the standard

    The revised UNECE Standard S-1 includes:

    • Improved certification process – a more transparent system to ensure that certified seed potatoes meet strict quality standards.
    • Stronger disease and pest control measures through updated inspection rules to prevent the spread of diseases.
    • Better traceability and labelling through clearer labelling and record-keeping requirements to help track seed potatoes across the supply chain.
    • Alignment with global trade rules, including European and North American trade standards.

    The future of seed potato trade

    With global seed potato exports amounting to 1.1 billion USD or 1.7 million tons in 2023, UNECE plans to continue its work by focusing on helping countries apply the revised standard in their national systems.

    For more details on UNECE guidance on seed potato certification and inspection, see the UNECE website.

    MIL OSI United Nations News –

  • MIL-OSI: Equinor presents 2024 Annual report

    Source: GlobeNewswire (MIL-OSI)

    Equinor ASA (OSE: EQNR, NYSE: EQNR) publishes annual report for 2024, including financial and sustainability reporting.

    “2024 was marked by continued unpredictability in energy markets, with growing energy demand, political uncertainty and uneven progress in the energy transition. Our focus is on producing the energy the world needs today, and at the same time developing the energy systems needed for the future,” says Anders Opedal, President and CEO of Equinor ASA.

    Safety

    “A systematic approach to safety over time is paying off with the best safety results to date in 2024. However, the year was marked by the fatal search and rescue (SAR) helicopter accident where we lost a dear colleague. We believe close collaboration with suppliers and shared learning in the industry is important for our continued safety improvement effort”, says Opedal.

    The twelve-month average Serious Incident Frequency (SIF) for 2024 was 0.3, down from 0.4 in 2023.

    Strong operational and financial performance

    Equinor delivered adjusted operating income* of USD 29.8 billion, and adjusted net income* of USD 9.18. Net operating income was reported at USD 30.9 billion and net income at USD 8.83 billion.

    “Our operational performance was strong, built on the dedicated efforts from employees across the company. Our role as a major supplier of energy to Europe is important and I am proud of the work we have done to provide energy security”, says Opedal.

    Strong operational performance across the portfolio contributed to an equity production of liquids and gas of 2,067 mboe per day in 2024, on par with the year before. Equity production of renewable power increased by 51% to 2,935 GWh.

    Strong financial result contributed to a return on average capital employed (RoACE)* at 21% for 2024. Capital discipline remained firm with organic capital expenditures* ending at USD 12.1 billion for the year. Equinor maintained a strong balance sheet with net debt to capital employed adjusted* of 11.9% at the end of 2024.

    The strong financial results of 2024 also led to strong contributions to society through taxes. In 2024, Equinor paid USD 20.6 billion in corporate income taxes of which USD 19.7 billion was paid in Norway, where Equinor has the largest share of its operations and earnings.

    Firm strategy and progressing industrial development

    “We have a consistent growth strategy, and our strategic direction remains firm. By adapting to market situation and opportunities, we are positioned for stronger free cash flow and growth, and set to create shareholder value for decades to come”, Opedal continues.

    Through progressing projects and portfolio shaping transactions Equinor spent 2024 high-grading the portfolio and positioning for stronger growth and cash flow.

    On the Norwegian continental shelf, the development of the portfolio continued with 39 new licences and approvals of the PDOs of Eirin, Irpa, Verdande and Andvare projects. The Johan Castberg FPSO arrived at the field and started preparations for startup.

    The international upstream portfolio was focused with the exits from our long-standing positions in Nigeria and Azerbaijan and deepened in core areas with the acquisitions of US Onshore gas assets close to premium markets. In the UK an agreement was signed to establish an incorporated joint venture with Shell UK Ltd., which will become the largest independent oil and gas company on the UK continental shelf.

    Through 2024 Equinor high-graded the renewables portfolio to ensure profitable growth, in a market challenged by cost inflation and regulatory delays. In the UK the world’s largest offshore wind farm, Dogger Bank, continued to progress towards commercial start-up. Production was commenced at the Mendubim solar plants in Brazil.

    The long-term view on the importance of offshore wind remains firm. Through an acquisition of a 10% stake in Ørsted, Equinor got exposure to a premium portfolio of offshore wind projects and assets in operation.

    Value chains for carbon transport and storage progressed notably. In Norway, Northern Lights, the first commercial CO2 transport and storage infrastructure was completed and is expected to receive and store CO2 in 2025. In the UK, execution started for two of UK’s first carbon capture and storage infrastructure projects where Equinor is a partner.

    Progress on the Energy transition plan

    In 2024, Equinor achieved a year-on-year reduction of 5% in operated scope 1+2 greenhouse gas emissions, bringing the total down to 11.0 million tonnes CO2 equivalents. This is a 34% reduction from 2015, which is the reference year for Equinor’s ambition to reduce group-wide operated emissions by 50% on a net basis by 2030. Throughout 2024, actions were taken for further emission reductions with the partial electrification of the Sleipner field center, the Gudrun platform, as well as the Troll B and C fields.

    The average upstream CO2 intensity of Equinor’s operated portfolio was 6.2 kg of CO2 per boe in 2024 (100% basis), an improvement from 6.7kg of CO2/boe in 2023 and well below the industry average. The scope 3 GHG emissions from use of our products were 251 million tonnes in 2024, on par with the level in 2023.

    Equinor improved in the net carbon intensity of energy produced (including scope 1, 2 and 3 emissions) in 2024, which is now 2% below the 2019 baseline. The reduction was mainly driven by increased renewable energy production and lower scope 1+2 emissions.

    Equinor ambition is to to be a leading company in the energy transition. The updated Energy Transition Plan, published on March 20 2025, outlines the approach to deliver on Equinor’s strategy of creating value in the transition, while adjusting to changing external context and market realities.

    ***

    The previously announced decision of the French Energy Regulatory Commission (CRE), includes a requirement for Equinor to publish the following summary language:

    “Les sociétés Danske Commodities A/S et Equinor ASA ont été condamnées, par une décision n° 08-40-23 de la Commission de régulation de l’énergie (CRE) du 20 janvier 2025, au titre de la méconnaissance de l’article 5 du règlement REMIT qui prohibe les manipulations de marché, au paiement de sanctions pécuniaires, dont les montants s’élèvent à huit millions d’euros (8.000.000 €) pour la société Danske Commodities A/S et quatre millions d’euros (4.000.000 €) pour la société Equinor ASA, pour des manipulations commises sur le marché de gros en 2019 et en 2020, en ce qui concerne les capacités de transport de gaz naturel entre la France et l’Espagne.

    Danske Commodities A/S and Equinor ASA were ordered by decision no. 08-40-23 of Commission de régulation de l’énergie (CRE) of 20 January 2025 to pay – for infringement of Article 5 of REMIT Regulation prohibiting market manipulations – financial penalties in the amount of eight million euros (€8,000,000) as regards Danske Commodities A/S and four million euros (€4,000,000) as regards Equinor ASA, for manipulations committed on the wholesale market in 2019 and 2020, with regard to natural gas transmission capacity between France and Spain.”

    The full decision is included in the attached appendix “Full decision text”. Equinor does not agree with the decision from CRE and will appeal the case to the Higher Administrative Court in France.

    * * *

    Our annual report and the subsidiary reports published separately can be downloaded from equinor.com/reports.

    * * *

    In accordance with Section 203.01 of the New York Stock Exchange Listed Company Manual, Equinor ASA announces that on 20 March 2025 it filed with the Securities and Exchange Commission its 2024 Annual Report on Form 20-F that includes audited financial statements for the year ended December 31, 2024.

    The Equinor 2024 Annual Report on Form 20-F may be downloaded from Equinor’s website at www.equinor.com. References to this document or other documents on Equinor’s website are included as an aid to their location and are not incorporated by reference into this document. All SEC filings made available electronically by Equinor may be obtained from the SEC’s website at www.sec.gov.

    Shareholders may also request a hard copy of the annual report free of charge at www.equinor.com.

    * * *

    (*) These are non-GAAP figures. See Use and reconciliation of non-GAAP financial measures in the annual report for more details.

    Further information:

    Investor relations
    Bård Glad Pedersen, senior vice president Investor Relations,
    +47 51 99 00 00

    Press
    Rikke Høistad Sjøberg, media spokesperson financial communication,
    +47 901 01 451(mobile)

    * * *

    Cautionary Note regarding Forward Looking Statements

    This press release contains forward-looking statements. Forward-looking statements reflect current views with respect to future events, are based on the management’s current expectations and assumptions, and are, by their nature, subject to significant risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by the forward-looking statements, including those discussed under “Risk Factors” in the 2024 Annual report and elsewhere in Equinor’s publications. You should not place undue reliance on forward-looking statements. Any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, Equinor undertakes no obligation to update any of these statements, whether to make them conform to actual results, changes in expectations or otherwise.

    * * *

    This information is subject to disclosure obligations pursuant to the EU Market Abuse Regulation, ref. section 3-1 in the Norwegian Securities Trading Act, and section 5-12 of the Norwegian Securities Trading Act.

    Attachments

    The MIL Network –

  • MIL-OSI United Nations: 20 March 2025 News release Three cities honoured for public health achievements at 2025 Partnership for Healthy Cities Summit

    Source: World Health Organisation

    Today, during the annual Partnership for Healthy Cities Summit in Paris, three cities were recognized for their achievements in preventing noncommunicable diseases and injuries: Córdoba, Argentina; Fortaleza, Brazil; and Greater Manchester, United Kingdom of Great Britain and Northern Ireland. The Summit, co-hosted by Bloomberg Philanthropies, the World Health Organization (WHO), Vital Strategies, and the City of Paris, convened mayors and officials from 61 cities in the Partnership for Healthy Cities network to address pressing public health issues and share effective strategies for saving lives and building healthier communities at the local level.

    “Noncommunicable diseases, including heart disease, cancer, and diabetes, and injuries are responsible for more than 80% of all deaths globally, but the good news is, they are preventable,” said Michael R. Bloomberg, founder of Bloomberg L.P. and Bloomberg Philanthropies, WHO Global Ambassador for Noncommunicable Diseases and Injuries, and 108th mayor of New York City. “Cities are leading the way in implementing policies that are protecting public health and saving lives. This year’s winning cities are proving that progress is possible with strong leadership and political will, and we look forward to seeing the results of their efforts.”

    The recipients of the 2025 Partnership for Healthy Cities Awards were chosen because they have made demonstrable progress in preventing noncommunicable diseases and injuries, setting an example that can be replicated in other jurisdictions.

    All three winning cities are part of the Partnership’s Policy Accelerator, which provides training and support for drafting policies and establishing the political strategies needed to develop and enact them. These cities are working with the Partnership to improve public health in the following ways:

    • Córdoba, Argentina, passed a new policy committing the city to promoting healthy school food environments by eliminating sugary and artificially sweetened beverages and ultra-processed products from all schools by 2026. The program has benefited 26 schools to date, reaching 15 000 of the city’s 138 000 primary school children.
    • Fortaleza, Brazil, established the city’s first legal framework for air quality surveillance. The 2023 decree guarantees the local monitoring of air pollutants to estimate their impact on residents’ health, along with the installation of low-cost sensors to improve data collection. Reliable data will help inform city policies that can significantly reduce air pollution.
    • Greater Manchester, United Kingdom, expanded the number of outdoor smoke-free areas as part of efforts to reduce smoking, including opening its first smoke-free park, covering 6.5 acres of public space. Greater Manchester also conducted a series of community consultations and workshops with residents to help with decision-making; launched a smoke-free toolkit and communication guidance for National Health Service (NHS) hospitals and sites; and is scaling this initiative by developing a broader smoke-free spaces toolkit for other organizations and groups that want to create smoke-free spaces.

    “Cities are at the forefront of the fight against noncommunicable diseases and injuries. The progress made in Córdoba, Fortaleza, and Greater Manchester is not only improving health today but also setting a model for others to follow,” said WHO Director-General Dr Tedros Adhanom Ghebreyesus. “WHO is committed to working with cities to build healthier, safer and more resilient communities for all.”

    “Local leadership has emerged as a powerful force for addressing the complex challenges presented by noncommunicable diseases and injuries,” said Dr Mary-Ann Etiebet, President and CEO, Vital Strategies. “We applaud the work of city leaders around the globe in their efforts to create healthier, safer environments for their populations. Their efforts are having a significant impact on people’s lives and well-being, while also demonstrating to national governments that there is significant support for these policy solutions.”

    Launched in 2017, the Partnership for Healthy Cities is a global network of 74 cities working to prevent noncommunicable diseases and injuries. Supported by Bloomberg Philanthropies, in partnership with the World Health Organization and Vital Strategies, this initiative empowers cities worldwide to implement high-impact policy or programmatic interventions to reduce noncommunicable diseases and injuries in their communities. Through this network, city leaders are enacting transformative measures to improve the health of 300 million people across the globe.

    The mayors participating in the Partnership for Healthy Cities Summit include:

    • Mayor Carlos Fernando Galán, Bogotá, Colombia
    • Municipal Commissioner Palitha Nanayakkara, Colombo, Sri Lanka 
    • Intendant Daniel Passerini, Córdoba, Argentina
    • Honorable Administrator Mohammad Azaz, Dhaka, Bangladesh
    • Municipal President Verónica Delgadillo, Guadalajara, Mexico
    • Mayor Juhana Vartiainen, Helsinki, Finland
    • Mayor Erias Lukwago, Kampala, Uganda
    • Mayor Chilando Chitangala, Lusaka, Zambia
    • Intendant Mauricio Zunino, Montevideo, Uruguay
    • Mayor Anne Hidalgo, Paris, France
    • Mayor Pabel Muñoz López, Quito, Ecuador
    • Governor Claudio Benjamín Orrego Larraín, Santiago, Chile.

    About Bloomberg Philanthropies

    Bloomberg Philanthropies invests in 700 cities and 150 countries around the world to ensure better, longer lives for the greatest number of people. The organization focuses on creating lasting change in five key areas: the arts, education, environment, government innovation, and public health. Bloomberg Philanthropies encompasses all of Michael R. Bloomberg’s giving, including his foundation, corporate, and personal philanthropy as well as Bloomberg Associates, a philanthropic consultancy that advises cities around the world. In 2024, Bloomberg Philanthropies distributed US$ 3.7 billion. For more information, please visit bloomberg.org, sign up for ournewsletter, or follow us onInstagram,LinkedIn,YouTube,Threads,Facebook, and X.

    About the World Health Organization
    Dedicated to the well-being of all people and guided by science, the World Health Organization leads and champions global efforts to give everyone, everywhere an equal chance at a safe and healthy life. We are the UN agency for health that connects nations, partners and people on the front lines in 150+ locations – leading the world’s response to health emergencies, preventing disease, addressing the root causes of health issues and expanding access to medicines and health care. Our mission is to promote health, keep the world safe and serve the vulnerable. For more information, visit www.who.int and follow WHO on Twitter, Facebook, Instagram, LinkedIn, TikTok, Pinterest, YouTube.

    About Vital Strategies

    Vital Strategies believes every person should be protected by an equitable and effective public health system. We partner with governments, communities and organizations around the world to reimagine public health so that health is supported in all the places we live, work and play. The result is millions of people living longer, healthier lives. To find out more, please visit www.vitalstrategies.org or follow us on LinkedIn.

    Media Contacts

    Veronica Lewin, Bloomberg Philanthropies, veronical@bloomberg.org

    Erin Pallotta, Allison Worldwide, bloomberghealth@allisonworldwide.com

    Jaimie Guerra, World Health Organization, guerraja@who.int

    Christina Honeysett, Vital Strategies, choneysett@vitalstrategies.org

    MIL OSI United Nations News –

  • MIL-OSI Submissions: GlobalData Country Risk Index shows slight drop in Q4 2024

    Source: GlobalData

    The global economy stands at a crossroads, balancing trade policy uncertainty and geopolitical tensions against easing price pressures. The latter is supporting a revival in domestic demand and providing central banks with room for potential rate cuts. Against this backdrop, GlobalData, a leading data and analytics company, reports a slight drop in the GlobalData Country Risk Index (GCRI) from 55.6 in Q3 2024 to 55.0 in Q4 2024.

    GlobalData’s latest, “Global Risk Report Quarterly Update – Q4 2024,” highlights that the Americas and the Middle East and Africa (MEA) face high risk scores due to economic instability and geopolitical conflicts. The Asia-Pacific region, while risky, has a lower score than the Americas and MEA, buoyed by strong growth in emerging economies. In contrast, Europe is the least risky region, benefiting from a solid economic recovery and improved investment sentiment.

    Annapurna Pillutla, Economic Analyst at GlobalData, comments: “Global economic growth is projected to reach 3.1% in 2024, slightly down from 3.3% in 2023, reflecting both resilience and ongoing challenges. While the US economy continues to expand steadily, China’s real estate turmoil and potential US tariff hikes present key risks. Inflation remains above central bank targets in some regions, adding to the economic uncertainty. Growth in 2025 is expected to follow a similar trajectory, constrained by geopolitical tensions and policy unpredictability.”

    The Trump administration’s proposed tariffs are likely to disrupt the global supply chains and raise business costs. By 2025, these measures could reduce production efficiency and alter trade patterns as companies face higher prices for imported goods and raw materials.

    Europe – Steady recovery amid persistent challenges

    Europe continues to be the world’s least-risk region, with its risk score improving slightly from 41.4 in Q3 2024 to 41.0 in Q4 2024. The region’s economic recovery is marked by a gradual decline in inflation, improved labor markets, and supportive policy rate cuts by the ECB. However, geopolitical tensions, particularly involving Russia and Ukraine, along with political shifts to the far right, an aging population and labor shortages, present ongoing challenges. In the Q4 2024 GCRI update, Switzerland, Denmark, and Ireland were identified as the least risky countries, while Ukraine, Turkiye, and Belarus, faced the highest risks.

    Asia-Pacific – Resilience amidst geopolitical challenges

    The Asia-Pacific region’s risk score decreased from 54.0 in Q3 2024 to 53.4 in Q4 2024, indicating ongoing economic recovery. Projected to account for more than half of global growth in 2025, the region benefits from strong domestic demand and increased exports. However, risks persist due to geopolitical tensions in the South China Sea and economic slowdown in China. China’s stimulus measures may offset some impact of US tariffs, while easing inflation and resilient consumption in other emerging economies improve the outlook. Strong growth prospects in Vietnam, the Philippines, and Indonesia further enhance regional stability.

    In the Q4 2024 GCRI update, the highest-risk countries included Pakistan, Myanmar, and Bangladesh. Conversely, the countries with the lowest risk were Singapore, Taiwan (Province of China), and Hong Kong (China SAR).

    Americas – Risk decline amid economic gains and political shifts

    Americas’ risk score decreased slightly from 57.0 in Q3 2024 to 56.6 in Q4 2024, reflecting benefits from policy rate cuts and strong consumer spending, particularly in the US. However, high US debt and fiscal challenges in Latin America persist, alongside political instability marked by protests and governance issues. Donald Trump’s return to the presidency adds to the region’s volatility, potentially affecting economic strategies and stability.

    In the Q4 2024 GCRI update, Canada, the US, and Costa Rica were the least risky, while Haiti, Venezuela, and Argentina remained the highest-risk nations.

    MEA – Persistent risks amid geopolitical tensions

    The MEA regions risk score slightly decreased from 66.3 in Q3 2024 to 65.4 in Q4 2024, driven by growth in the non-oil sector. However, ongoing geopolitical conflicts, particularly in the Middle East, and humanitarian crises continue to pose significant challenges. Africa faces rising debt and natural disasters, exacerbating food insecurity and displacement. In the Q4 2024 GCRI update, Yemen, Syria, and Burundi were among the highest-risk nations globally, highlighting the region’s persistent instability.

    Pillutla concludes: “Geopolitical tensions, trade disruptions, and market volatility present significant challenges for both policymakers and investors. To effectively manage these risks, a sophisticated approach is necessary, emphasizing adaptation and diversification.”

    About GlobalData

    4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis, and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology, and professional services sectors.

    MIL OSI – Submitted News –

  • MIL-Evening Report: Trump is ignoring the power of nationalism at his own peril

    Source: The Conversation (Au and NZ) – By David Smith, Associate Professor in American Politics and Foreign Policy, US Studies Centre, University of Sydney

    US President Donald Trump has exploited American nationalism as effectively as anyone in living memory. What sets him apart is his use of national humiliation as a political emotion. Any presidential candidate can talk their country up, but Trump knows how to talk his country down.

    Trump’s consistent message has been that American problems – trade deficits, job losses, illegal immigration, crime and even drug addiction – are the result of deliberate acts by other countries. The really humiliating part is that American politicians let it happen.

    Many Americans have welcomed Trump’s message that their country’s problems can be solved by reestablishing international dominance. They see this nationalist approach as an overdue corrective to the “globalist” foreign policies of the post-second world war era.

    But people in other countries also have feelings of national pride and aspire to be free from foreign domination. This should be obvious, but so far Trump is ignoring the power of nationalism in other countries even as he harnesses it in his own. This makes his foreign policy job a lot harder.

    How Canadians have rallied against Trump

    Take the example of Canada.

    When Trump was elected to his second term in November 2024, it seemed certain there would soon be a Canadian prime minister who was more aligned with him than Justin Trudeau. Trudeau’s unpopularity had dragged the Liberal Party down, and the populist Conservative leader Pierre Poilievre looked set to win the this year’s election.

    As he prepared for a trade war with Canada, Trump could have concentrated his fire on his enemies in the doomed Liberal government. Instead, he spent months insulting Canada’s national identity. He repeatedly said Canada should be the “51st state of the US”, calling Trudeau “governor”.

    Trump says ‘Canada was meant to be our 51st state’ in a Fox News interview.

    Americans can dismiss Trump’s talk of annexing Canada as a joke, but Canadians can’t. Regardless of whether Trump would ever follow through with attempting an annexation, his language is an attack on Canadian sovereignty. No one with any sense of national pride would tolerate it.

    An Angus Reid poll found the number of people saying they had a “deep emotional attachment” to Canada rose from 49% to 59% from December 2024 to February 2025. That emotional attachment is visible in everything from “buy Canadian” campaigns to Canadians booing the US national anthem at hockey games.

    The Liberals, under new leader Mark Carney, are also experiencing a remarkable bounce-back in the polls.

    Another Angus Reid poll shows that voting intention for the Liberals has surged from 16% in December to 42% now. They are now leading the Conservatives, who have 37% support. Some are now anticipating a snap election could be called in days.

    Ontario Premier Doug Ford, who has sometimes been likened to Trump, has also led a ferocious pro-Canadian resistance to American tariffs, getting his own re-election boost.

    Trump’s defenders often claim his chaotic bluster is simply a negotiating tactic, a way of spooking others into accepting terms more favourable to him. If so, this tactic is backfiring in Canada.

    Trade wars require sacrifices. Citizens must pay more for the sake of protecting their countries’ industries. Canadians seem a lot more willing to make that sacrifice than Americans, who are mostly confused that their friendly neighbour has suddenly been recast as an enemy.

    The importance of national identity

    Other countries have shown they will not cave easily, either, as Trump puts their national identity at stake.

    Demanding to buy another country’s territory, as Trump keeps doing with Greenland, a self-governing territory under Danish control, may be even more insulting than threatening to take it, as he keeps doing with Panama. Each time Greenlanders, Danes and Panamanians refuse Trump, his credibility erodes further.

    Trump talks about the territory of other countries in terms of “real estate”, even suggesting the United States should “redevelop” Gaza after evicting the Palestinians.

    But sovereign land is not real estate. In a world of nation-states defined by territory, even sparsely inhabited territory has “sacred value”. This is particularly true for peoples seeking statehood on their land.

    “Sacred values” are things people see as non-negotiable because they are linked to their sense of identity and moral order in the world. Researchers warn that offering money in exchange for sacred values is deeply offensive, and likely to harm, rather than help, negotiations.

    There is a reason why governments hardly ever sell their territory to other countries anymore. Empires may have done in this in the past, but not nations. They view their lands, and the people who live on them, as inalienable from the nation.

    Trump clearly doesn’t understand this concept. He has shown no empathy for Ukraine, a country whose territory actually has been invaded. He accused Ukrainian President Volodomyr Zelenskyy of wanting to prolong the war so he could “keep the gravy train going”, as if harvesting US aid dollars was the real reason Ukrainians were fighting for their country’s existence.

    Trump’s contempt for Ukraine, Canada, Greenland, Gaza, Denmark and Panama has reverberations far beyond these places. It signals that his brand of American nationalism has no place for anyone else’s national aspirations or sovereignty.

    This will not promote the deal-making Trump wants because no one trusts an unstable, imperial power to stick to its agreements. It would be painful for many countries to reduce their dependence on the United States, but it would be more painful to give away their national dignity.

    David Smith does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Trump is ignoring the power of nationalism at his own peril – https://theconversation.com/trump-is-ignoring-the-power-of-nationalism-at-his-own-peril-252299

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Submissions: Tech – 48% of all 2025 unicorns work in AI sector – Finbold Research

    Source: Finbold

    Finbold research found that during the first quarter of 2025, as many as 48% of the 23 startups that attained unicorn status – exceeded $1 billion in valuation – were involved with the artificial intelligence (AI) sector.

    Furthermore, 70% of these AI unicorns are concentrated in the top ten biggest startups, as seven out of eleven fall within the range between $1.6 billion and $2.8 billion.

    Most artificial intelligence startups are from the US, though two emerged in the UK, one in Israel, and one in Sweden. Interestingly, given the recent developments in the country, none of the billion-dollar startups were located in China in 2025.

    Regarding specialization, a plurality of 45% of these firms are involved with healthcare technology, including the biggest new unicorn: Abridge.

    AI remains a powerful venture capital magnet

    While there is a significant synchronization between company valuation and funding received, it is noteworthy that the second-smallest of the new unicorns – the UK’s Cera – received the most money from venture capitalists: $582 million.

    Cera simultaneously showcases that many of these companies aren’t new, as it was founded in 2016, but also that AI continues to have the ability to draw massive investments from institutional investors as much as from retail traders.

    As Andreja Stojanovic, a co-author of this research, pointed out:

    “Given AI’s explosive growth, it’s surprising that even more AI unicorns haven’t emerged in 2025. Artificial intelligence has been a major driver of growth since the public release of ChatGPT in late 2022. Publicly traded companies that are either directly involved with the technology or strongly linked to the sector in investor perception have been some of the strongest stock market performers in recent years.”

    At face value, it appears certain that 2025 will feature many more AI unicorns. However, recent disruptions in the sector that emerged from China, as well as the fears that the US may have already entered a recession, could still diminish venture capital spending.

    Read the full story with statistics at: https://finbold.com/48-of-all-2025-unicorns-work-in-ai-sector/

    MIL OSI – Submitted News –

  • MIL-OSI Asia-Pac: PARLIAMENT QUESTION:MATSYA-6000

    Source: Government of India

    Posted On: 19 MAR 2025 4:26PM by PIB Delhi

    Matsya-6000 is India’s flagship human submersible aimed to carry three persons to a depth of 6000 meters, developed by the National Institute of Ocean Technology (NIOT), Chennai, under the Ministry of Earth Sciences, as part of the Samudrayaan project of the Deep Ocean Mission launched by the Government of India in 2021.

    Matsya- 6000 (2.1-meter diameter personnel sphere) which houses the crew is made of a Titanium alloy and maintains an inside pressure of 1 atmosphere (atm). Further, the personnel sphere spherical pressure hull is tested to bear 720 bars of pressure, which is 1.2 times more than the pressure expected at 6000 meters. All human safety parameters are continuously monitored during the operations and are communicated to the ship-based Mission Control Centre through an acoustic modem, with the pilot communicating updates through the Underwater Acoustic Telephone every 30 minutes. It is designed for operations of up to 12 hours, with an emergency endurance of up to 96 hours, supported by a DNV-certified Human Support and Safety System (HSSS). DNV (Det Norske Veritas) is an internationally accredited registrar and classification society headquartered in Norway. The HSSS maintains the oxygen level at 20 per cent, the CO2 level at less than 1000 ppmv (part per million by volume), and controls humidity by measurement sensors to ensure human life comfort and safety.

    The submersible is designed to perpetually float unless made to dive through water filling in its ballast tanks. It has three different combinations of weight drop mechanisms for ascending to the surface to maintain the safety. It has additional emergency power, control, and communication devices for emergency scenarios.

    Matsya-6000 is equipped with an Underwater Acoustic Telephone that has been operated and tested for operations up to 10,000 meters depth of human operation vehicles, in addition to a sub-phone rated for 500-meter depth operations. The voice communication is designed to be utilized every 30 minutes with the submersible pilot and the Mission Control Centre so that continuous communication is ensured.

    NIOT has signed MoU with the IFREMER (French Research Institute for Exploitation of the Sea), France, facilitating scientific knowledge exchange and participation with the French human scientific submersible for 6000 meters depth named NAUTILE.

    This information was given by Dr. Jitendra Singh, Minister of State (Independent Charge) of the Ministry of Science & Technology and Earth Sciences, in a written reply in the Lok Sabha today.

    ******

    NKR/PSM

    (Release ID: 2112793) Visitor Counter : 46

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Answer to a written question – Norway-EU electricity link and prices – E-000079/2025(ASW)

    Source: European Parliament

    The Commission notes the new measures related to the electricity prices and the Norwegian power market announced by Prime Minister Jonas Gahr Støre.

    As a member of the European Economic Area (EEA), Norway is part of the single market and Union rules on electricity markets apply in all circumstances.

    The EU expects, in line with their obligations under the EEA Agreement, all EEA EFTA (European Free Trade Association) States to fully incorporate into the EEA Agreement and then implement all energy-related legislation in a timely manner, subject to any agreed adaptations.

    The Commission continues to work closely with the three EEA EFTA States on the full and timely incorporation and implementation of all energy-related legislation.

    Norway is connected with Sweden, Finland, and Denmark in a common synchronous power grid. The Nordic grid is then connected to the rest of Continental Europe bringing mutual economic and social gains stemming from interconnected energy markets, such as enabling decarbonisation and increasing security of supply.

    On 26 February 2025, the Commission adopted an Action Plan for affordable Energy[1] setting actions to lower energy costs for European consumers and businesses.

    As outlined in that plan, a swift and full implementation of the Electricity Market Design reform is crucial to reduce the impact of volatility on consumer bills and reduce the cost of electricity supply.

    As part of this plan, the Commission is also proposing additional actions to promote the uptake of long-term electricity supply and boost flexibility and demand response.

    • [1] Action Plan for Affordable Energy: Unlocking the true value of our Energy Union to secure affordable, efficient and clean energy for all Europeans COM (2025) 79 final.
    Last updated: 19 March 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – Labour migration: an EU Talent Pool to facilitate international recruitment

    Source: European Parliament

    The EU Talent Pool should be open to workers of all qualification levels and ensure fair treatments of jobseekers, the Civil Liberties Committee agreed on Wednesday.

    Today, MEPs in the Civil Liberties Committee backed the creation of an EU Talent Pool, designed to make it easier to recruit non-EU nationals to jobs in sectors where there are shortages, through a dedicated digital platform that matches EU vacancies with jobseekers living abroad. Application of the new legislation would be optional for EU countries and would not affect their right to decide how many third-country workers to admit to their territory.

    A fair recruitment process

    MEPs adopted amendments to the proposal to ensure the application of fair recruitment standards, as set out in the International Labour Organization’s general principles, and that the platform is open to jobseekers “of all skills and qualification levels”. MEPs also want to make sure that the new tool does not lead to discriminatory practices and is free of charge for registered jobseekers.

    Improved information on employers and jobseekers

    Participating employers should provide details including: the person responsible for recruitment, the company registration number, and a brief description of their operations, argue MEPs. Vacancies should meanwhile include a job description, the place of work, working hours, remuneration and paid leave. MEPs also want to see more information in the profiles of jobseekers, such as their preferred EU country and when they are available, offering the possibility for them to certify their skills within the EU Talent Partnerships or via bilateral or national agreements.

    Targeted communication campaigns

    The Commission should promote the EU Talent Pool through awareness raising campaigns, both on and off-line, targeting SMEs in particular, recommend MEPs. They also suggest that EU delegations in third countries should to do the same for potential jobseekers.

    Quote

    Rapporteur Abir Al-Sahlani (Renew, Sweden) said: “The EU is falling behind its competitors, partly because of labour shortages across our economy. Labour migration is one way to address these shortages and strengthen our competitiveness. The EU Talent Pool is a step in the right direction, by connecting the needs of our employers with workers from outside the EU. This is also a tool to create more safe and legal pathways to the EU. The result will be a Talent Pool platform that is user-friendly for all, with necessary checks on jobseekers and measures to ensure minimum safeguards against exploitation. There is also a strong link to the Talent Partnerships, reinforcing the connection between internal and external migration governance”.

    Next steps

    The draft rules were approved by 46 votes in favour, 25 against, and 2 abstentions. Once the report has been endorsed by Parliament as a whole during the April plenary session, talks with member states on the final shape of the bill can start.

    MIL OSI Europe News –

  • MIL-OSI Global: Ukraine deal: Europe has learned from the failed 2015 Minsk accords with Putin. Trump has not

    Source: The Conversation – UK – By Natalya Chernyshova, Senior Lecturer in Modern European History, Queen Mary University of London

    Germany’s ex chancellor, Angela Merkel, and France’s former president, François Hollande, were key to brokering the Minsk agreements. Sodel Vladyslav / Shutterstock

    The Russian president, Vladimir Putin, has agreed to pause attacks on Ukrainian energy infrastructure for 30 days following a phone call with his American counterpart, Donald Trump. On social media, Trump said the call was “very good and productive” and came “with an understanding that we will be working quickly to have a complete ceasefire”.

    This optimism is misplaced. The White House did not mention that Putin issued additional conditions for a ceasefire. The Kremlin demands that Ukraine be effectively disarmed, leaving it defenceless against a Russian takeover. Such terms would be unacceptable to Ukraine and its European partners.

    At this juncture, Trump and his negotiators would do well to ponder why previous attempts to restrain Russia and secure a lasting peace for Ukraine did not succeed.

    This war did not start when shells began to rain on Kyiv in February 2022. Russia had already been waging an undeclared war on its neighbour for nearly eight years in eastern Ukraine’s Donbas, where pro-Russian proxy forces have been stoking up trouble in the border regions of Luhansk and Donetsk.

    Attempts to end the fighting there were made in September 2014 and February 2015, when Russia and Ukraine signed ceasefire agreements during negotiations in Minsk, Belarus.

    Both sets of Minsk agreements proved to be non-starters. The fighting in the region rumbled on until it culminated in Moscow’s full-scale invasion of Ukraine in 2022. The accords stored problems for the future.

    Russia-backed separatists have controlled the south-eastern Ukrainian regions of Donetsk and Luhansk since 2015.
    Viacheslav Lopatin / Shutterstock

    Minsk-1 and Minsk-2

    The first Minsk protocols were signed in 2014 by Russia, Ukraine, separatists from Donbas and representatives from the Organization for Security and Co-operation in Europe (OSCE). The agreement provided for an immediate ceasefire monitored by the OSCE, the withdrawal of “foreign mercenaries” from Ukraine and the establishment of a demilitarised buffer zone.

    But Moscow also insisted that Kyiv grant temporary “special status” to the Donetsk and Luhansk People’s Republics, the two separatist regions in Donbas. Instead of helping Ukraine regain control over its eastern territories, the agreement allowed the Russia-backed rebels to hold local elections and legalised them as a party to the conflict.

    The ceasefire collapsed within days of signing. The provisions that sought to demarcate the lines of the conflict and give Ukraine back control over its eastern border were not observed by the rebels, and fighting intensified during the winter.

    With the death toll rising, the leaders of France and Germany rushed to broker a fresh round of negotiations in February 2015. The resulting accords, which were known as Minsk-2, also failed to bring peace.

    Russia and its proxy militants in Donbas immediately and repeatedly violated its terms. Astonishingly, Minsk-2 did not even mention Russia, despite it signing the protocols. Moscow continued to deny its involvement in eastern Ukraine, while stepping up armed assistance to the rebels.

    Kyiv was saddled with peace terms that were impossible to implement unless Ukraine was prepared to throw away its sovereignty. Minsk-2 stipulated that the “special status” of the eastern separatist regions was to become permanent, and that the Ukrainian constitution was to be amended to allow for “decentralisation” of power from Kyiv to the rebel regions.

    These regions were to be granted autonomy in financial matters, responsibility for their stretch of the border with Russia, and the right to conclude foreign agreements and hold referenda. To undercut Ukrainian independence further, a neutrality clause inserted into its constitution would effectively bar the country’s entry into Nato.

    Understandably, no one in Kyiv rushed to implement these self-destructive terms. In an interview with German magazine Der Spiegel in 2023, Volodymyr Zelensky said that when he became Ukraine’s president in 2019 and examined Minsk-2, he “did not recognise any desire in the agreements to allow Ukraine its independence”.

    Russia-backed separatists in Sloviansk, a city in Donetsk Oblast, in 2014.
    Fotokon / Shutterstock

    Zelensky’s comment points to the fundamental flaw of the Minsk-2 agreement. Its western brokers failed to recognise that Russian war aims were irreconcilable with Ukrainian sovereignty. Moscow’s objective from the start was to use Donbas to destabilise the government in Kyiv and gain control over Ukraine.

    Western peacemakers searched for a compromise, but the Kremlin used Minsk-2 to advance its goals. As Duncan Allan of the Chatham House research institute noted in 2020: “Russia sees the Minsk agreements as tools with which to break Ukraine’s sovereignty.” The war in Donbas raged on and, by 2020, had claimed 14,000 lives, with 1.5 million people becoming refugees.

    Germany’s ex-chancellor, Angela Merkel, a key broker, subsequently defended the Minsk agreements. She said they bought Kyiv time to arm itself against Russia. It was a costly purchase. Minsk-2 froze the conflict in one locality rather than ended it. And it encouraged Russia, paving the way for a full-scale invasion.

    Emphasising Ukrainian sovereignty

    The existential differences between Ukraine and Russia that plagued the Minsk agreements remain today. Ukraine has demonstrated its resolve to defend its sovereignty, while Russia’s invasion in 2022 testifies to its determination to squash Ukrainian resolve. The timing of the attack so close to the seventh anniversary of Minsk-2 adds grim emphasis to that point.

    This clash of objectives must be addressed head-on in any peace negotiations. The only way to secure lasting peace in Europe is to avoid rewarding the aggressor and punishing its victim.

    The Kremlin has already openly declared that it sees Trump-led brokerage as the west’s acknowledgement of Russian strategic superiority. It needs to be disabused of this notion. As argued by Nataliya Bugayova, a fellow at the Institute for the Study of War, the war is not lost yet. Russia is far from invulnerable, and it can be made to accept defeat.

    But for any agreement to be effective, there can be no ambiguity or middle ground on the subject of Ukrainian sovereignty. It must be protected and backed by security guarantees.

    So far, the Trump administration has shown little understanding of this. But ten years down the line from Minsk-2, Europeans have finally grasped it.

    Finland’s president, Aleksander Stubbs, told reporters on March 19 that Ukraine must “absolutely” not lose sovereignty and territory. And, on the day Trump and Putin had their discussion, Germany’s parliament voted for a massive boost in defence spending – another indicator that Europeans are no longer taking Putin on trust.

    Natalya Chernyshova received funding from the British Academy during 2020-2022.

    – ref. Ukraine deal: Europe has learned from the failed 2015 Minsk accords with Putin. Trump has not – https://theconversation.com/ukraine-deal-europe-has-learned-from-the-failed-2015-minsk-accords-with-putin-trump-has-not-252540

    MIL OSI – Global Reports –

  • MIL-OSI Global: European defence spending: three technical reasons for political cooperation

    Source: The Conversation – UK – By Francesco Grillo, Academic Fellow, Department of Social and Political Sciences, Bocconi University

    How much would it really cost the European Union to defend itself against aggression? In the immediate term, that question, of course makes us think of Russia, but we can no longer exclude multiple other possibilities, including the potential need to defend territory – say, Greenland – from a former ally.

    How much would it cost to defend Europe if we added in the need to defend the UK, Norway, Turkey or even Canada – and any other Nato country willing to pool resources to fill the void left by US disengagement? Is there an intelligent way to avoid painful trade-offs between this and, say, spending on healthcare or education?

    It looks like EU institutions are finally “doing something” (as former Italian prime minister Mario Draghi recently asked them to do). They may even break the taboo of raising common debt in order to increase spending on joint defence procurements.

    Yet, it also seems they are about to launch a plan that could change the very nature of the European Union without even tackling the question of its financial feasibility. The answer to how joint defence can be paid for certainly doesn’t come from the plan that the European Commission has unveiled on “rearming Europe”. At the very last line of that statement, a figure of €800 billion is posited, but it is not clear how the sum was calculated and quite a few critical qualifications are missing.

    The debate over how much it costs to prevent a war (which is a very different notion from fighting one), has been dominated by what I would call “the fallacy of the percentage of GDP”.

    In 2014 (at the time of Russia’s annexation of Crimea), the leaders of Nato countries agreed to spend at least 2% of their GDP on defence (specifying that retirement benefits to veterans should be included). Yet by 2022, the overall ratio for Nato defence spending had, in fact, shrunk from 2.58% of GDP to 2.51% (thanks to the sharp reduction in the percentage of GDP contributed by the US). And, according to the European Defence Agency, the EU is spending around €279 billion, which is 1.6% of its GDP. Most likely, the €800 billion figure that European Commission president Ursula von der Leyen was citing in her communique is simply an estimate of how much it would yield to increase that spending up to 2% of GDP for each of the next ten years.

    Politicians sometimes need to make back-of-the-envelope calculations, but I would argue that here it points to a much broader problem. Europe hasn’t yet bothered to try to develop a strategy for how this additional money would be spent. A proper strategy should, in fact, start from three key technical considerations. To which I would add a no-less important political one.

    1. Spending smart is better than spending big

    Technologies (including AI) are radically changing the equation. The conflicts in Ukraine and Gaza demonstrate that cheap drones are now the key to modern warfare – not super expensive F35 strike fighters. Why spend billions designing, building and maintaining 2,500 F35s when a drone the size of a mobile phone can cross enemy lines unnoticed?

    In a world in which data is a weapon, and a large-scale attack can be mounted by taking remote control of pagers, what generals call “supremacy” doesn’t necessarily belong to the biggest spender.

    Israel’s military budget is one-third that of Saudi Arabia, yet it dominates the Middle East because its perpetual state of conflict forces innovation. Russia spends less than half of the 27 EU member states, but it has much more experience in hacking other countries’ infrastructures. The EU spends as much as China, but China invests more than twice in research and development and is the world’s largest exporter of drones as a result.

    2. Spending together is better value

    The European parliament estimates that merging the 27 member states’ defence budgets would free up €56 billion (which is a third of what the defence bonds proposed by the Commission would raise).

    Yet the trend is to spend more alone than together. According to the European Defence Agency, the bloc has more than doubled its expenditure on new digital technologies; yet the percentage of that going into joint projects between member states fell from 11% before Ukraine’s invasion to 6.5% in 2023.

    Joint tech spending in Europe.
    Vision, CC BY-ND

    3. Homegrown suddenly looks safer

    Any common defence would also have to rely on “buying European” as much as possible. The F35 fighter jet is another good example here. Denmark agreed to buy 27 of them (to the tune of around €3 billion) with an idea to station four of them in Greenland. The problem is that, according to the former president of the Munich security conference Wolfgang Ischinger, they cannot even take off if remotely disabled by the US. Again, Europe is not walking the walk. The share of equipment that European nations import from the US has massively increased in the last five years.

    A new era for the union

    Defence is probably the most important issue when talking about the Europe of the future. It provides a concrete opportunity to fill a technological gap out of the necessity to do so. Spending on defence in the interests of self-protection may have longer-term benefits beyond the military arena. It has been often the case that military research leads to major breakthroughs that can applied in public services. Who knows. Military innovations with drone or AI technology on today’s battlefields could lead to beneficial uses in peace time.

    The historic opportunity to transform the way we protect ourselves may even force a radical rethinking of not just the EU treaties but of the nature of the EU. The idea of the “coalition of the willing” may, indeed, push Europe towards an alliance which does not include some of its members (such as Hungary) but does include non-members like the UK, Norway and even Turkey. New arrangements will need to be pragmatically flexible.

    Europeans need much more strategy, whereas we now largely have rhetorical announcements with little substance. And we need much more democracy. After all, defence is one of the defining dimensions of the state. Having a common defence policy in Europe could make people feel more like European citizens. But that cannot happen without engaging citizens in an intelligent debate.

    Francesco Grillo is affiliated with the think tank Vision.

    – ref. European defence spending: three technical reasons for political cooperation – https://theconversation.com/european-defence-spending-three-technical-reasons-for-political-cooperation-252410

    MIL OSI – Global Reports –

  • MIL-OSI Global: Ukraine deal: Europe has learned from the failed 2014 Minsk accords with Putin. Trump has not

    Source: The Conversation – UK – By Natalya Chernyshova, Senior Lecturer in Modern European History, Queen Mary University of London

    Germany’s ex chancellor, Angela Merkel, and France’s former president, François Hollande, were key to brokering the Minsk agreements. Sodel Vladyslav / Shutterstock

    The Russian president, Vladimir Putin, has agreed to pause attacks on Ukrainian energy infrastructure for 30 days following a phone call with his American counterpart, Donald Trump. On social media, Trump said the call was “very good and productive” and came “with an understanding that we will be working quickly to have a complete ceasefire”.

    This optimism is misplaced. The White House did not mention that Putin issued additional conditions for a ceasefire. The Kremlin demands that Ukraine be effectively disarmed, leaving it defenceless against a Russian takeover. Such terms would be unacceptable to Ukraine and its European partners.

    At this juncture, Trump and his negotiators would do well to ponder why previous attempts to restrain Russia and secure a lasting peace for Ukraine did not succeed.

    This war did not start when shells began to rain on Kyiv in February 2022. Russia had already been waging an undeclared war on its neighbour for nearly eight years in eastern Ukraine’s Donbas, where pro-Russian proxy forces have been stoking up trouble in the border regions of Luhansk and Donetsk.

    Attempts to end the fighting there were made in September 2014 and February 2015, when Russia and Ukraine signed ceasefire agreements during negotiations in Minsk, Belarus.

    Both sets of Minsk agreements proved to be non-starters. The fighting in the region rumbled on until it culminated in Moscow’s full-scale invasion of Ukraine in 2022. The accords stored problems for the future.

    Russia-backed separatists have controlled the south-eastern Ukrainian regions of Donetsk and Luhansk since 2015.
    Viacheslav Lopatin / Shutterstock

    Minsk-1 and Minsk-2

    The first Minsk protocols were signed in 2014 by Russia, Ukraine, separatists from Donbas and representatives from the Organization for Security and Co-operation in Europe (OSCE). The agreement provided for an immediate ceasefire monitored by the OSCE, the withdrawal of “foreign mercenaries” from Ukraine and the establishment of a demilitarised buffer zone.

    But Moscow also insisted that Kyiv grant temporary “special status” to the Donetsk and Luhansk People’s Republics, the two separatist regions in Donbas. Instead of helping Ukraine regain control over its eastern territories, the agreement allowed the Russia-backed rebels to hold local elections and legalised them as a party to the conflict.

    The ceasefire collapsed within days of signing. The provisions that sought to demarcate the lines of the conflict and give Ukraine back control over its eastern border were not observed by the rebels, and fighting intensified during the winter.

    With the death toll rising, the leaders of France and Germany rushed to broker a fresh round of negotiations in February 2015. The resulting accords, which were known as Minsk-2, also failed to bring peace.

    Russia and its proxy militants in Donbas immediately and repeatedly violated its terms. Astonishingly, Minsk-2 did not even mention Russia, despite it signing the protocols. Moscow continued to deny its involvement in eastern Ukraine, while stepping up armed assistance to the rebels.

    Kyiv was saddled with peace terms that were impossible to implement unless Ukraine was prepared to throw away its sovereignty. Minsk-2 stipulated that the “special status” of the eastern separatist regions was to become permanent, and that the Ukrainian constitution was to be amended to allow for “decentralisation” of power from Kyiv to the rebel regions.

    These regions were to be granted autonomy in financial matters, responsibility for their stretch of the border with Russia, and the right to conclude foreign agreements and hold referenda. To undercut Ukrainian independence further, a neutrality clause inserted into its constitution would effectively bar the country’s entry into Nato.

    Understandably, no one in Kyiv rushed to implement these self-destructive terms. In an interview with German magazine Der Spiegel in 2023, Volodymyr Zelensky said that when he became Ukraine’s president in 2019 and examined Minsk-2, he “did not recognise any desire in the agreements to allow Ukraine its independence”.

    Russia-backed separatists in Sloviansk, a city in Donetsk Oblast, in 2014.
    Fotokon / Shutterstock

    Zelensky’s comment points to the fundamental flaw of the Minsk-2 agreement. Its western brokers failed to recognise that Russian war aims were irreconcilable with Ukrainian sovereignty. Moscow’s objective from the start was to use Donbas to destabilise the government in Kyiv and gain control over Ukraine.

    Western peacemakers searched for a compromise, but the Kremlin used Minsk-2 to advance its goals. As Duncan Allan of the Chatham House research institute noted in 2020: “Russia sees the Minsk agreements as tools with which to break Ukraine’s sovereignty.” The war in Donbas raged on and, by 2020, had claimed 14,000 lives, with 1.5 million people becoming refugees.

    Germany’s ex-chancellor, Angela Merkel, a key broker, subsequently defended the Minsk agreements. She said they bought Kyiv time to arm itself against Russia. It was a costly purchase. Minsk-2 froze the conflict in one locality rather than ended it. And it encouraged Russia, paving the way for a full-scale invasion.

    Emphasising Ukrainian sovereignty

    The existential differences between Ukraine and Russia that plagued the Minsk agreements remain today. Ukraine has demonstrated its resolve to defend its sovereignty, while Russia’s invasion in 2022 testifies to its determination to squash Ukrainian resolve. The timing of the attack so close to the seventh anniversary of Minsk-2 adds grim emphasis to that point.

    This clash of objectives must be addressed head-on in any peace negotiations. The only way to secure lasting peace in Europe is to avoid rewarding the aggressor and punishing its victim.

    The Kremlin has already openly declared that it sees Trump-led brokerage as the west’s acknowledgement of Russian strategic superiority. It needs to be disabused of this notion. As argued by Nataliya Bugayova, a fellow at the Institute for the Study of War, the war is not lost yet. Russia is far from invulnerable, and it can be made to accept defeat.

    But for any agreement to be effective, there can be no ambiguity or middle ground on the subject of Ukrainian sovereignty. It must be protected and backed by security guarantees.

    So far, the Trump administration has shown little understanding of this. But ten years down the line from Minsk-2, Europeans have finally grasped it.

    Finland’s president, Aleksander Stubbs, told reporters on March 19 that Ukraine must “absolutely” not lose sovereignty and territory. And, on the day Trump and Putin had their discussion, Germany’s parliament voted for a massive boost in defence spending – another indicator that Europeans are no longer taking Putin on trust.

    Natalya Chernyshova received funding from the British Academy during 2020-2022.

    – ref. Ukraine deal: Europe has learned from the failed 2014 Minsk accords with Putin. Trump has not – https://theconversation.com/ukraine-deal-europe-has-learned-from-the-failed-2014-minsk-accords-with-putin-trump-has-not-252540

    MIL OSI – Global Reports –

  • MIL-OSI: Primary Dealer Agreements

    Source: GlobeNewswire (MIL-OSI)

    The Minister of Finance and Economic Affairs tasks the Central Bank of Iceland’s Government Debt Management department with concluding primary dealer agreements on issuance of Treasury securities and market making in the secondary market.

    Resident entities that have an operating licence in accordance with Article 4, Paragraph 1 of the Act on Financial Undertakings, no. 161/2002, that have the equipment needed to participate in Treasury securities auctions and can demonstrate a secure settlement of transactions through the Central Bank of Iceland, may request to be parties to the agreement.

    Primary dealers have the exclusive right to submit bids at regular auctions where Treasury securities are offered. They also receive access to special facilities such as repurchase agreements for government bonds, in accordance with the relevant rules and the applicable terms and conditions.

    Primary dealers act as market makers for government bonds and are obliged to submit bid and ask quotes for a certain minimum amount in each series of government bonds, in accordance with the bid-ask maximum spread specified in the agreement.

    Further information can be found in the attached sample primary dealer agreement. Those parties wishing to become primary dealers in Treasury securities are requested to send digitally signed agreements to the Government Debt Management department at the Central Bank of Iceland before 16:00 hrs. Friday 21 March 2025.

    Further information can be obtained from Björgvin Sighvatsson, Head of Government Debt Management, at tel +354 569 9600.

    Attachment

    The MIL Network –

  • MIL-OSI Global: Only 15 countries have met the latest Paris agreement deadline. Is any nation serious about tackling climate change?

    Source: The Conversation – UK – By Doug Specht, Reader in Cultural Geography and Communication, University of Westminster

    Svet Foto/Shutterstock

    The latest deadline for countries to submit plans for slashing the greenhouse gas emissions fuelling climate change has passed. Only 15 countries met it – less than 8% of the 194 parties currently signed up to the Paris agreement, which obliges countries to submit new proposals for eliminating emissions every five years.

    Known as nationally determined contributions, or NDCs, these plans outline how each country intends to help limit average global temperature rise to 1.5°C above pre-industrial levels, or at most 2°C. This might include cutting emissions by generating more energy from wind and solar, or adapting to a heating world by restoring wetlands as protection against more severe floods and wildfires.

    Each new NDC should outline more stringent emissions cuts than the last. It should also show how each country seeks to mitigate climate change over the following ten years. This system is designed to progressively strengthen (or “ratchet up”) global efforts to combat climate change.

    The February 2025 deadline for submitting NDCs was set nine months before the next UN climate change conference, Cop30 in Belém, Brazil.

    Without a comprehensive set of NDCs for countries to compare themselves against, there will be less pressure on negotiators to raise national ambitions. Assessing how much money certain countries need to decarbonise and adapt to climate change, and how much is available, will also be more difficult.

    While countries can (and some will) continue to submit NDCs, the poor compliance rate so far suggests a lack of urgency that bodes ill for avoiding the worst climate outcomes this century.

    Who submitted?

    The 15 countries that submitted NDCs on time include the United Arab Emirates, the UK, Switzerland, Ecuador and a number of small states, such as Andorra and the Marshall Islands.

    Cop30 host Brazil submitted a pledge to reduce greenhouse gas emissions by 59-67% by 2035, compared to 2005 levels. This is up from its previous commitment, a 37% reduction by 2025 and 43% by 2030. Unfortunately, Brazil is not on track to meet its 2025 target and has set a more recent emissions baseline that will make any reductions more modest than they’d otherwise be.

    Japan aims to reduce greenhouse gas emissions by 60% in 2035 and 73% in 2040, compared to 2013 levels. Japan’s previous target was for a 46% reduction by 2030. This demonstrates how the ratchet system is supposed to work.

    The UK’s NDC, which pledges to reduce all greenhouse gas emissions by at least 81% by 2035, compared to 1990 levels, was described by independent scientists as “compatible” with limiting global heating to 1.5°C.

    The US submitted a plan to reduce net greenhouse gas emissions by 61-66% below 2005 levels by 2035. However, this was before Donald Trump pulled the US out of the Paris agreement (for the second time), so the commitment of one of the world’s largest polluters is in doubt.

    Who didn’t submit?

    Some of the world’s largest emitters failed to submit new NDCs, including China, India and Russia.

    India pledged to reduce its emissions by 35% below 2005 levels by 2030 at the signing of the Paris agreement. All of the country’s subsequent NDCs have been rated as “insufficient” by independent scientists. India’s recent national budget announcement offered scant additional funding for climate mitigation and adaptation measures.

    China also made big promises in 2015 with its aim to lower its CO₂ emissions by 65% by 2030, from a 2005 baseline. However, China has been responsible for over 90% of global CO₂ emissions growth since the Paris agreement was signed. China and the US also suspended formal discussions on climate change in 2022. Increased economic competition between these two nations has resulted in export control restrictions and tariffs which have made green technologies like electric vehicles more expensive, which is certain to slow down the shift from fossil fuels.

    Russia joined the Paris agreement in 2019. Its first NDC was labelled “critically insufficient” by scientists, and its follow-up in 2020 did not include increased targets. Russia is maximising the extraction of resources such as oil, gas and minerals and its 2035 strategy for the Arctic included plans to sink several oil wells on the continental shelf.

    With the USA’s 2025 NDC in limbo, President Trump is eyeing mineral reserves in Ukraine and Greenland, further ramping up oil production and cutting international climate research funding.

    The European Union could have positioned itself as a leader of global climate action, in lieu of US involvement. But the EU, which submits NDCs as a bloc alongside individual country submissions, also failed to submit on time.

    Global shifts

    The failure of most nations to submit new emission plans suggests that the era of cooperation on climate change is over. The largest and most powerful of these nations are growing their military and diplomatic presence around the world, particularly in countries with large reserves of critical minerals for electric vehicles and other technology relevant to decarbonisation. The lack of NDCs from these nations may be less a matter of middling green ambitions, more an attempt to disguise their planned exploitation of other countries’ resources.

    If countries keep failing to submit enhanced NDCs, or even withdraw from their commitments entirely, scientists warn that global heating could reach a catastrophic 4.4°C by 2100. This scenario assumes the continued, unabated use of fossil fuels, with little regard for the climate.

    In a more optimistic scenario, countries could limit warming to around 1.8°C by 2100. This will require global cooperation and significant investment in green technology, and entail a transition to net zero emissions by mid-century. This is a process that must include everyone. Simply having the most powerful nations decarbonise by exploiting and hoarding resources will imperil this critical target.

    The actual outcome will probably fall somewhere between these two scenarios, depending on forthcoming NDCs and how quickly and thoroughly they are implemented. All of the scenarios envisaged by climate scientists will involve warming continuing for decades.

    The effects of this warming will vary, however, based on the path we choose today.

    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 40,000+ readers who’ve subscribed so far.

    Doug Specht does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Only 15 countries have met the latest Paris agreement deadline. Is any nation serious about tackling climate change? – https://theconversation.com/only-15-countries-have-met-the-latest-paris-agreement-deadline-is-any-nation-serious-about-tackling-climate-change-250847

    MIL OSI – Global Reports –

  • MIL-OSI Global: As mountain glaciers melt, risk of catastrophic flash floods rises for millions − World Day for Glaciers carries a reminder

    Source: The Conversation – USA – By Suzanne OConnell, Harold T. Stearns Professor of Earth Science, Wesleyan University

    Imja Lake, a glacial lake in the Mount Everest region of Nepal, began as meltwater ponds in 1962 and now contains 90 million cubic meters of water. Its water level was lowered to protect downstream communities. Alton Byers

    In mountain ranges around the world, glaciers are melting as global temperatures rise. Europe’s Alps and Pyrenees lost 40% of their glacier volume from 2000 to 2023. These and other icy regions have provided freshwater for people living downstream for centuries – almost 2 billion people rely on glaciers today. But as glaciers melt faster, they also pose potentially lethal risks.

    Water from the melting ice often drains into depressions once occupied by the glacier, creating large lakes. Many of these expanding lakes are held in place by precarious ice dams or rock moraines deposited by the glacier over centuries.

    Too much water behind these dams or a landslide into the lake can break the dam, sending huge volumes of water and debris sweeping down the mountain valleys, wiping out everything in the way.

    These risks and the loss of freshwater supplies are some of the reasons the United Nations declared 2025 the International Year of Glaciers’ Preservation and March 21 the first World Day for Glaciers. As an Earth scientist and a mountain geographer, we study the impact that ice loss can have on the stability of the surrounding mountain slopes and glacial lakes. We see several reasons for increasing concern.

    Erupting ice dams and landslides

    Most glacial lakes began forming over a century ago as a result of warming trends since the 1860s, but their abundance and rates of growth have risen rapidly since the 1960s.

    Many people living in the Himalayas, Andes, Alps, Rocky Mountains, Iceland and Alaska have experienced glacial lake outburst floods of one type or another.

    A glacial lake outburst flood in the Himalayas in October 2023 damaged more than 30 bridges and destroyed a 200-foot-high (60-meter) hydropower plant. Residents had little warning. By the time the disaster was over, more than 50 people had died.

    Juneau, Alaska, has been hit by several flash floods in recent years from a glacial lake dammed by ice on an arm of Mendenhall Glacier. Those floods, including in 2024, were driven by a melting glacier that slowly filled a basin below it until the basin’s ice dam broke.

    Scientists investigate flooding from Mendenhall Glacier’s Suicide Basin.

    Avalanches, rockfalls and slope failures can also trigger glacial lake outburst floods. These are growing more common as frozen ground known as permafrost thaws, robbing mountain landscapes of the cryospheric glue that formerly held them together. These slides can create massive waves when they plummet into a lake. The waves can then rupture the ice dam or moraine, unleashing a flood of water, sediment and debris.

    That dangerous mix can rush downstream at speeds of 20-60 mph (30-100 kph), destroying homes and anything else in its path.

    The casualties of such an event can be staggering. In 1941, a huge wave caused by a snow and ice avalanche that fell into Laguna Palcacocha, a glacial lake in the Peruvian Andes, overtopped the moraine dam that had contained the lake for decades. The resulting flood destroyed one-third of the downstream city of Huaraz and killed between 1,800 and 5,000 people.

    Teardrop-shaped Lake Palcacocha, shown in this satellite view, has expanded in recent decades. The city of Huaraz, Peru, is just down the valley to the right of the lake.
    Google Earth, data from Airbus Data SIO, NOAA, U.S. Navy, NGA, GEBCO

    In the years since, the danger there has only increased. Laguna Palcacocha has grown to more than 14 times its size in 1941. At the same time, the population of Huaraz has risen to over 120,000 inhabitants. A glacial lake outburst flood today could threaten the lives of an estimated 35,000 people living in the water’s path.

    Governments have responded to this widespread and growing threat by developing early warning systems and programs to identify potentially dangerous glacial lakes. Some governments have taken steps to lower water levels in the lakes or built flood diversion structures, such as walls of rock-filled wire cages, known as gabions, that divert floodwaters from villages, infrastructure or agricultural fields.

    Where the risks can’t be managed, communities have been encouraged to use zoning that prohibits building in flood-prone areas. Public education has helped build awareness of the flood risk, but the disasters continue.

    Flooding from inside and thawing permafrost

    The dramatic nature of glacial lake outburst floods captures headlines, but those aren’t the only risks. As scientists expand their understanding of how the world’s icy regions interact with global warming, they are identifying a number of other phenomena that can lead to similarly disastrous events.

    Englacial conduit floods, for instance, originate inside of glaciers, commonly those on steep slopes. Meltwater can collect inside massive systems of ice caves, or conduits. A sudden surge of water from one cave to another, perhaps triggered by the rapid drainage of a surface pond, can set off a chain reaction that bursts out of the ice as a full-fledged flood.

    An englacial conduit flood begins in the Himalayas. Elizabeth Byers.

    Thawing mountain permafrost can also trigger floods. This permanently frozen mass of rock, ice and soil has been a fixture at altitudes above 19,685 feet (6,000 meters) for millennia.

    Freezing helps keep mountains together. But as permafrost thaws, even solid rock becomes less stable and is more prone to breaking, while ice and debris are more likely to become detached and turn into destructive and dangerous debris flows. Thawing permafrost has been increasingly implicated in glacial lake outburst floods because of these new sources of potential triggers.

    In 2017, nearly a third of the solid rock face of Nepal’s 29,935-foot (6,374-meter) Saldim Peak collapsed and fell onto the Langmale glacier below. Heat generated by the friction of rock falling through air melted ice, creating a slurry of rock, debris and sediment that plummeted into Langmale glacial lake below, resulting in a massive flood.

    A glacial outburst flood in Barun Valley started when nearly one-third of the face of Saldim Peak in Nepal fell onto Langmale Glacier and slid into a lake. The top image shows the mountain in 2016. The lower shows the same view in 2017.
    Elizabeth Byers (2016), Alton Byers (2017)

    These and other forms of glacier-related floods and hazards are being exacerbated by climate change.

    Flows of ice and debris from high altitudes and the sudden appearance of meltwater ponds on a glacier’s surface are two more examples. Earthquakes can also trigger glacial lake outburst floods. Not only have thousands of lives been lost, but billions of dollars in hydropower facilities and other structures have also been destroyed.

    Impermanent frost. Nepali Times.

    A reminder of what’s at risk

    The International Year of Glaciers’ Preservation and World Day for Glaciers are reminders of the risks and also of who is in harm’s way.

    The global population depends on the cryosphere – the 10% of the Earth’s land surface that’s covered in ice. But as more glacial lakes form and expand, floods and other risks are rising. A study published in 2024 counted more than 110,000 glacial lakes around the world and determined 10 million people’s lives and homes are at risk from glacial lake outburst floods.

    The U.N. is encouraging more research into these regions. It also declared 2025 to 2034 the “decade of action in cryospheric sciences.” Scientists on several continents will be working to understand the risks and find ways to help communities respond to and mitigate the dangers.

    Suzanne OConnell receives funding from The National Science Foundation

    Alton C. Byers does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. As mountain glaciers melt, risk of catastrophic flash floods rises for millions − World Day for Glaciers carries a reminder – https://theconversation.com/as-mountain-glaciers-melt-risk-of-catastrophic-flash-floods-rises-for-millions-world-day-for-glaciers-carries-a-reminder-251707

    MIL OSI – Global Reports –

  • MIL-OSI: Expansion in Nickel Mining Market Thriving from Heightened Demand Around the Globe

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., March 19, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – According to a report from Grand View Research, the nickel mining industry worldwide is expected to reach a projected revenue of US$83.813 Billion by 2030. A compound annual growth rate of 6.6% is expected of the worldwide nickel mining industry from 2023 to 2030.Growth in end-use industries such as construction, consumer durables, and machinery & equipment are propelling the growth of the stainless steel industry. Nickel is one of the key raw materials of stainless steel. Hence, development in the stainless steel industry is contributing to the growth of the market. According to the Nickel Institute, over two-thirds of the world’s nickel is utilized in the production of stainless steel. It acts as an alloying agent, enhancing essential properties such as formability, ductility, and weldability while also increasing corrosion resistance for specific applications. Another Grand View Research report said: “The nickel mining industry is highly competitive and to gain an edge, major players are acquiring their competitors. The batteries segment is anticipated to register the fastest CAGR of 7.2% in terms of revenue, over the forecast period (2030). Nickel batteries offer a cost-effective solution for achieving higher energy density and storage capabilities.” Active Companies in the market today include: First Atlantic Nickel Corp. (OTCQB: FANCF) (TSX-V: FAN), Ballard Power Systems (NASDAQ: BLDP), First Hydrogen Corp. (OTCPK: FHYDF) (TSX-V: FHYD), Bloom Energy Corporation (NYSE: BE), FuelCell Energy, Inc. (NASDAQ: FCEL).

    Grand View Research continued: “Based on region, Asia Pacific held the largest revenue share of over 57.0% in 2022. The growth in various industries, such as battery manufacturing, automotive & defense, and petrochemicals, is increasing the demand for nickel, which is positively influencing its mining activity. The Russia-Ukraine war has benefitted the Philippines’ nickel industry, as Russia’s output has been declining in the past few years coupled with the aversion it is receiving in trade. Europe is anticipated to register a CAGR of 7.8% in terms of revenue over the forecast period (2030). The EU has recognized the importance of nickel in the energy transition and has added it to the list of critical minerals. To ensure a diversified supply chain, the EU has set benchmarks for the extraction of at least 10% of the annual consumption of nickel within the boundary of Europe. This move is expected to have a positive impact on the mining activity in the region. North America is anticipated to register the fastest CAGR of 8.1% over the forecast period (2030). The increasing demand for nickel-based products in aerospace and defense industries has raised its significance as a critical mineral. In addition, the growing emphasis on accomplishing a domestic supply chain for the EV battery segment is anticipated to boost production in the region.”

    First Atlantic Nickel Corp. (OTCQB: FANCF) (TSX-V: FAN) AND COLORADO SCHOOL OF MINES LAUNCH RESEARCH PARTNERSHIP TO EXPLORE GEOLOGIC HYDROGEN POTENTIAL IN NEWFOUNDLAND OPHIOLITES – First Atlantic Nickel Corp. (FSE: P21) (“First Atlantic” or the “Company”) is pleased to announce a strategic research partnership with Colorado School of Mines to explore geologic hydrogen as an energy source. This collaboration will focus on two significant ophiolite complexes in Newfoundland, Canada: the St. Anthony Ophiolite Complex (Atlantis Project, 103 km²) and the Pipestone Ophiolite Complex (Atlantic Nickel Project, 71 km²). Both projects are 100% owned by First Atlantic and encompass extensive ultramafic rock formations, characterized by awaruite-bearing serpentinized peridotites, which are key indicators of geologic hydrogen.

    First Atlantic Nickel is primarily focused on exploring awaruite nickel-iron alloy mineralization. Additionally, it is partnering with Colorado School of Mines to conduct secondary research on geological hydrogen produced during serpentinization. This collaborative research will leverage data collected by First Atlantic during its ongoing exploration for awaruite nickel deposits. Notably, awaruite serves as an indicator mineral of geologic hydrogen within serpentinized peridotites found in ophiolites. Colorado School of Mines will carry out this hydrogen research component, enhancing the overall exploration program while leveraging First Atlantic’s extensive geological assets and expertise.

    Geologic Hydrogen: Ophiolites and Peridotite

    Ophiolites—sections of oceanic crust and upper mantle thrust onto continental crust—are globally recognized as prime sources of geologic hydrogen, often referred to as “white hydrogen” or “gold hydrogen.” These formations are dominated by ultramafic rocks, notably peridotite, which consists primarily of olivine and pyroxene minerals rich in nickel, chromium, magnesium, and iron. When peridotite interacts with water, it triggers serpentinization—a hydrothermal reaction in which iron oxidizes and water is reduced, releasing molecular hydrogen gas (H₂). This natural process can be represented by the equation:

    3FeO (in olivine) + H₂O → Fe₃O₄ (magnetite) + H₂ – During serpentinization, awaruite (Ni₃Fe) forms as a secondary mineral when liberated nickel (Ni2+) and iron (Fe2+) from the olivine, pyroxene, and chromite minerals react with the abundant hydrogen (H2) present. This natural process can be represented by the equation:

    3(Ni²⁺) + (Fe²⁺) + 4(H₂) → (Ni₃Fe) + 8(H⁺) – The formation of awaruite could not happen without the presence of hydrogen. This process occurs readily in ophiolitic peridotites at depth, where water saturated rocks in oxygen-poor, reducing conditions produce this exothermic reaction, generating heat that sustains further reactions. According to the Geological Survey of Finland, “In Europe and in regions outside the crystal shield, only ophiolites are often referred to as a source of geological hydrogen.” Within these ophiolite settings, serpentinized peridotites are the most promising targets, with peridotites producing significantly more hydrogen than other rocks, up to 4 kg per cubic meter. Ophiolites represent large potential sources of geologic hydrogen, with some of the most significant global geologic hydrogen discoveries occurring in ophiolites.

    “Geologic hydrogen systems are a combination of mineral systems and natural gas systems. In our group, we have the unique combination of expertise from both the mining industry and oil and gas industry to advance geologic hydrogen exploration and stimulated hydrogen monitoring,” said Dr. Yaoguo Li from Colorado School of Mines. CONTINUED… Read this and more news for First Atlantic Nickel at: https://www.fanickel.com/archive

    In other market news of interest:

    Ballard Power Systems (NASDAQ: BLDP) recently announced a multi-year supply agreement from Manufacturing Commercial Vehicles (‘MCV’, www.mcv-eg.com), a leading commercial vehicle manufacturer based in Egypt, for fuel cell engines totaling approximately 5 MW.

    The supply agreement for 50 FCmove®-HD+ engines, and initial order of 35 units, represents the continued growth of the relationship with MCV which started in 2022 with fuel cell engine integration support and the first fuel cell engine order placed in 2023. Deliveries of the 50 engines are expected between 2025 and 2026 and will initially support projects in the EU.

    First Hydrogen Corp. (TSXV: FHYD) (OTCPK: FHYDF) recently announced the launch of its subsidiary, First Nuclear Corp., an initiative dedicated to advancing clean energy through the innovative use of Small Modular Reactors (SMRs). First Nuclear Corp. (“First Nuclear”) aims to revolutionize green hydrogen production, supporting global decarbonization efforts and paving the way for a sustainable, zero-emission future.

    Harnessing the Power of SMRs for Green Hydrogen – First Nuclear seeks to integrate advanced nuclear technology with green hydrogen production. SMRs, known for their compact design, scalability, and ability to provide a continuous, weather-independent power supply, are the cornerstone of this initiative. By leveraging SMRs, First Nuclear ensures a stable, cost-effective, and efficient process for producing green hydrogen, addressing the growing demand for clean energy solutions worldwide. IDTechEx anticipates the installation rate of SMRs to grow significantly addressing the climate crisis. They project the global market for SMRs to reach US$72.4 billion by 2033 and US$295 billion by 2043, reflecting a compound annual growth rate (CAGR) of 30%.

    Bloom Energy Corporation (NYSE: BE), a global leader in power solutions, announced recently an expansion of its longstanding relationship with Equinix, the world’s digital infrastructure company®. The collaboration now exceeds 100MW of electricity capacity to support Equinix’s International Business Exchange™ (IBX®) data centers across the United States.

    With approximately 75MW already operational and another 30MW under construction, this latest expansion marks a significant milestone in the companies’ decade-long collaboration. What began as a pilot program in 2015 with just 1MW of fuel cells at a single IBX data center in Silicon Valley has scaled one hundredfold, supporting the critical digital infrastructure needed to meet increasing energy needs of AI-driven computing.

    FuelCell Energy, Inc. (NASDAQ: FCEL) and Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), a wholly owned subsidiary of Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), have announced the signing of a Joint Development Agreement (JDA) to co-develop large-scale hydrogen production systems and technologies across Asia, New Zealand, and Australia.

    Building on a memorandum of understanding signed in February 2023, the JDA represents a pivotal step for the two companies, driven by a shared vision to make clean hydrogen production easily accessible and viable. The collaboration underscores FuelCell Energy and MHB’s commitment to advancing green energy solutions and supporting global decarbonization and energy transition goals.

    About FN Media Group:
    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

    Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia
    Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup
    Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated thirty four hundred dollars for news coverage of the current press releases issued by First Atlantic Nickel Corp. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:
    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Global Interest in Nickel Mining Booming as Demand Skyrockets Around the World

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., March 19, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – According to a report from Grand View Research, the global nickel mining market size was estimated at USD 50.40 billion in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. Growth in end-use industries such as construction, consumer durables, and machinery & equipment are propelling the growth of the stainless steel industry. Nickel is one of the key raw materials of stainless steel. Hence, development in the stainless steel industry is contributing to the growth of the market. According to the Nickel Institute, over two-thirds of the world’s nickel is utilized in the production of stainless steel. It acts as an alloying agent, enhancing essential properties such as formability, ductility, and weldability while also increasing corrosion resistance for specific applications. The report said: “The nickel mining industry is highly competitive and to gain an edge, major players are acquiring their competitors.   The batteries segment is anticipated to register the fastest CAGR of 7.2% in terms of revenue, over the forecast period (2030). Nickel batteries offer a cost-effective solution for achieving higher energy density and storage capabilities.” Active Companies in the markets today include: First Atlantic Nickel Corp. (OTCQB: FANCF) (TSX-V: FAN), Vale S.A. (NYSE: VALE), Chevron Corporation (NYSE: CVX), Glencore plc (OTCPK: GLNCY) (OTCPK: GLCNF), Quebec Innovative Materials Corp. (OTCQB: QIMCF) (CSE: QIMC).

    Grand View Research continued: “Based on region, Asia Pacific held the largest revenue share of over 57.0% in 2022. The growth in various industries, such as battery manufacturing, automotive & defense, and petrochemicals, is increasing the demand for nickel, which is positively influencing its mining activity. The Russia-Ukraine war has benefitted the Philippines’ nickel industry, as Russia’s output has been declining in the past few years coupled with the aversion it is receiving in trade.   Europe is anticipated to register a CAGR of 7.8% in terms of revenue over the forecast period (2030). The EU has recognized the importance of nickel in the energy transition and has added it to the list of critical minerals. To ensure a diversified supply chain, the EU has set benchmarks for the extraction of at least 10% of the annual consumption of nickel within the boundary of Europe. This move is expected to have a positive impact on the mining activity in the region.   North America is anticipated to register the fastest CAGR of 8.1% over the forecast period (2030). The increasing demand for nickel-based products in aerospace and defense industries has raised its significance as a critical mineral.   In addition, the growing emphasis on accomplishing a domestic supply chain for the EV battery segment is anticipated to boost production in the region.”

    First Atlantic Nickel Corp. (OTCQB: FANCF) (TSX-V: FAN) AND COLORADO SCHOOL OF MINES LAUNCH RESEARCH PARTNERSHIP TO EXPLORE GEOLOGIC HYDROGEN POTENTIAL IN NEWFOUNDLAND OPHIOLITES – First Atlantic Nickel Corp. (FSE: P21) (“First Atlantic” or the “Company”) is pleased to announce a strategic research partnership with Colorado School of Mines to explore geologic hydrogen as an energy source. This collaboration will focus on two significant ophiolite complexes in Newfoundland, Canada: the St. Anthony Ophiolite Complex (Atlantis Project, 103 km²) and the Pipestone Ophiolite Complex (Atlantic Nickel Project, 71 km²). Both projects are 100% owned by First Atlantic and encompass extensive ultramafic rock formations, characterized by awaruite-bearing serpentinized peridotites, which are key indicators of geologic hydrogen.

    First Atlantic Nickel is primarily focused on exploring awaruite nickel-iron alloy mineralization. Additionally, it is partnering with Colorado School of Mines to conduct secondary research on geological hydrogen produced during serpentinization. This collaborative research will leverage data collected by First Atlantic during its ongoing exploration for awaruite nickel deposits. Notably, awaruite serves as an indicator mineral of geologic hydrogen within serpentinized peridotites found in ophiolites. Colorado School of Mines will carry out this hydrogen research component, enhancing the overall exploration program while leveraging First Atlantic’s extensive geological assets and expertise.

    Geologic Hydrogen: Ophiolites and Peridotite

    Ophiolites—sections of oceanic crust and upper mantle thrust onto continental crust—are globally recognized as prime sources of geologic hydrogen, often referred to as “white hydrogen” or “gold hydrogen.” These formations are dominated by ultramafic rocks, notably peridotite, which consists primarily of olivine and pyroxene minerals rich in nickel, chromium, magnesium, and iron. When peridotite interacts with water, it triggers serpentinization—a hydrothermal reaction in which iron oxidizes and water is reduced, releasing molecular hydrogen gas (H₂). This natural process can be represented by the equation:

    3FeO (in olivine) + H₂O → Fe₃O₄ (magnetite) + H₂ – During serpentinization, awaruite (Ni₃Fe) forms as a secondary mineral when liberated nickel (Ni2+) and iron (Fe2+) from the olivine, pyroxene, and chromite minerals react with the abundant hydrogen (H2) present. This natural process can be represented by the equation:

    3(Ni²⁺) + (Fe²⁺) + 4(H₂) → (Ni₃Fe) + 8(H⁺) – The formation of awaruite could not happen without the presence of hydrogen. This process occurs readily in ophiolitic peridotites at depth, where water saturated rocks in oxygen-poor, reducing conditions produce this exothermic reaction, generating heat that sustains further reactions. According to the Geological Survey of Finland, “In Europe and in regions outside the crystal shield, only ophiolites are often referred to as a source of geological hydrogen.” Within these ophiolite settings, serpentinized peridotites are the most promising targets, with peridotites producing significantly more hydrogen than other rocks, up to 4 kg per cubic meter. Ophiolites represent large potential sources of geologic hydrogen, with some of the most significant global geologic hydrogen discoveries occurring in ophiolites.

    “Geologic hydrogen systems are a combination of mineral systems and natural gas systems. In our group, we have the unique combination of expertise from both the mining industry and oil and gas industry to advance geologic hydrogen exploration and stimulated hydrogen monitoring” said Dr. Yaoguo Li from Colorado School of Mines. CONTINUED… Read this and more news for First Atlantic Nickel at:   https://www.fanickel.com/archive

    In other market news of interest:

    Vale S.A. (NYSE: VALE) noted the Company leads the production of nickel metal that is considered one of the most versatile. Hard but also malleable, it is corrosion resistant and retains its properties even when subjected to extreme temperatures. It is part of everyday life: it is used in the production of batteries and items ranging from coins to cars.

    Highlights: The ore obtained from our mines contains more than just nickel. Therefore, by extracting and processing it, we also produce cobalt, copper and precious metals. Where we operate: Brazil, Canada and Indonesia.

    Chevron Corporation (NYSE: CVX) recently announced senior leadership changes as part of the company’s efforts to simplify its organizational structure, execute faster and more effectively, and be positioned for stronger long-term competitiveness.   The company’s Oil, Products & Gas organization will be consolidated into two segments: Upstream and Downstream, Midstream & Chemicals. Mark Nelson will continue to lead this organization as vice chairman and executive vice president, Oil, Products & Gas.

    The Upstream organizational model will drive value through greater standardization across Shale & Tight, Base Assets & Emerging Countries, Offshore, Eurasia and Australia.

    Ceibo, a clean copper extraction technology company, and Glencore plc‘s (OTCPK: GLNCY) (OTCPK: GLCNF) Lomas Bayas Mining Company have recently entered into a partnership to deploy Ceibo’s proprietary leaching technologies that enable a more effective extraction of copper from low-grade sulfides at one of Chile’s leading mines. Lomas Bayas has validated Ceibo’s technology and is moving toward scaling up to assess this as an alternative to extend the life of their mining operations. This partnership follows two years of testing by Glencore, an important contributor to Chile’s position as the world’s largest copper producer.

    Under the terms of the memorandum of understanding, Ceibo’s technology will scale up with on-site testing through the Lomas Lab, a Glencore world-scale test site, and the company’s research and development branch. This agreement opens a significant commercial avenue for Ceibo, demonstrating its unique approach with a major mining company and affirming the value that Ceibo’s advanced leaching technologies bring to copper assets globally.

    Quebec Innovative Materials Corp. (OTCQB: QIMCF) (CSE: QIMC) recently announced the signing of a Memorandum of Understanding (MOU) with Black Tree Energy Group Sàrl (BTEG), a Swiss-based energy infrastructure and project development firm. This partnership reinforces QIMC’s strategic expansion into the U.S., a key market for accelerating the commercialization of natural hydrogen. Together, QIMC and BTEG will drive large-scale hydrogen projects by integrating technical expertise with financial strategy, project development, and execution capabilities.

    With strong support for clean natural hydrogen initiatives, the United States presents a substantial opportunity for natural hydrogen development. Through this Memorandum of Understanding (MOU), QIMC intends to capitalize on its established expertise in natural renewable hydrogen—encompassing geological and geophysical analyses, project evaluation, and hydrogen fieldwork and drilling—to identify high-potential U.S. sites and accelerate the path to commercial production.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

    Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

    Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

    Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

    DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated thirty four hundred dollars for news coverage of the current press releases issued by First Atlantic Nickel Corp. by a non-affiliated third party.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI United Kingdom: Latest update on Clade Ib mpox

    Source: United Kingdom – Executive Government & Departments

    News story

    Latest update on Clade Ib mpox

    The UK Health Security Agency (UKHSA) latest updates on Clade Ib mpox.

    Updates on clade Ib mpox case numbers are published on the UKHSA data dashboard

    Latest update

    Clade I mpox no longer considered a high consequence infectious disease

    Clade Ia and Ib mpox will no longer be classified as a high consequence infectious disease (HCID) following a review of available evidence by the Advisory Committee on Dangerous Pathogens, the UK Health Security Agency has confirmed today.

    This decision has been taken because the evidence related to this clade no longer meets the criteria for an HCID, which includes having a high mortality rate and a lack of available interventions.

    However, the decision should not be interpreted as clade I mpox no longer being of any public health consequence. The disease is still a public health emergency of international concern as defined by the WHO.

    Sexual and close physical contact is the main way that mpox spreads.

    There have been no reported deaths from mpox in the UK to date, and vaccination is available for higher risk contacts, healthcare workers, and those who are most at risk.

    Emma Richards, Incident Director at the UK Health Security Agency, said:

    There is now firm evidence of vaccine effectiveness and a low mortality rate for cases of clade I mpox, alongside heightened clinical awareness of symptoms, and access to rapid diagnostic testing and safe therapies with emerging evidence of efficacy.

    This change does not alter our overall public health response and we remain committed to preventing the spread of clade I mpox within the UK.

    While mpox infection is mild for many, it can cause severe symptoms including unusual rashes and blisters, a fever and headache.

    The majority of people who have presented with symptoms report close physical contact, including massages, or sex prior to developing symptoms. It’s important people who have travelled to affected countries in Africa remain alert to the risks and seek medical advice if necessary.

    All 4 UK Chief Medical Officers have agreed to accept the recommendation.

    There have been no cases of clade Ia mpox in the UK, and only a small number of cases of clade Ib mpox. Most of these cases have appeared in returning travellers from affected areas in Africa with the others being household contacts of a case.

    There has been no community transmission of clade I mpox within the UK and the risk to the population remains low.

    In the context of the outbreak in parts of Africa, we expect to see the occasional imported case of clade Ib mpox in the UK.

    Previous

    13 February 2025

    A new case of clade Ib mpox has been detected in England, the UK Health Security Agency (UKHSA) can confirm. 

    The case was detected in London and the individual is now under specialist care at the Royal Free Hospital High Consequence Infectious Diseases unit. They had recently returned from Uganda, where there is currently community transmission of clade Ib mpox. The UKHSA and NHS will not be disclosing any further details about the individual.

    The risk to the UK population remains low. In the context of the outbreak in parts of Africa, we expect to see the occasional imported case of clade Ib mpox in the UK.

    This is the eighth case of clade Ib mpox confirmed in England since October 2024. This case has no links to the previous cases identified in England.

    Close contacts of the case are being followed up by UKHSA and partner organisations. Contacts will be offered testing and vaccination where needed to prevent further infections and they will be advised on any necessary further care if they have symptoms or test positive.

    Dr Merav Kliner, Incident Director at UKHSA, said:

    The risk to the UK population remains low. Close contacts have been identified and offered appropriate advice in order to reduce the chance of further spread.

    Clade Ib mpox has been circulating in several countries in Africa in recent months. Imported cases have been detected in a number of countries including Belgium, Canada, France, Germany, Sweden and the United States.

    There has been extensive planning undertaken to ensure healthcare professionals are equipped and prepared to respond to confirmed cases.

    Further updates on clade Ib mpox case numbers will be published on the following page: Confirmed cases of mpox clade Ib in United Kingdom.

    Previous

    27 January 2025

    Another case of clade Ib mpox has been detected, bringing the total number of confirmed cases since October 2024 to 7, the UK Health Security Agency (UKHSA) can confirm.

    The individual had recently travelled to Uganda. The risk to the UK population remains low.

    The UKHSA and NHS will not be disclosing any further details about the individual.

    Professor Susan Hopkins, Chief Medical Adviser at UKHSA, said:

    The risk to the UK population remains low. Close contacts have been identified and offered appropriate advice in order to reduce the chance of further spread.

    20 January 2025

    A new case of clade Ib mpox has been detected in England, the UK Health Security Agency (UKHSA) can confirm.  

    The case was detected in East Sussex and the individual is now under specialist care at Guy’s and St Thomas’ NHS Foundation Trust. They had recently returned from Uganda, where there is currently community transmission of clade Ib mpox. The UKHSA and NHS will not be disclosing any further details about the individual. 

    The risk to the UK population remains low. In the context of the outbreak in parts of Africa, we expect to see the occasional imported case of clade Ib mpox in the UK. 

    This is the sixth case of clade Ib mpox confirmed in England since October 2024. This case has no links to the previous cases identified in England.

    Close contacts of the case are being followed up by UKHSA and partner organisations. Contacts will be offered testing and vaccination where needed to prevent further infections and they will be advised on any necessary further care if they have symptoms or test positive. 

    Dr Meera Chand, Deputy Director at UKHSA, said: 

    It is thanks to clinicians rapidly recognising the symptoms and the work of our specialist laboratory that we have been able to detect this new case.

    The risk to the UK population remains low following this sixth case, and we are working rapidly to trace close contacts and reduce the risk of any potential spread.

    Clade Ib mpox has been circulating in several countries in Africa in recent months. Imported cases have been detected in a number of countries including Belgium, Canada, France, Germany, Sweden and the United States. 

    There has been extensive planning undertaken to ensure healthcare professionals are equipped and prepared to respond to any further confirmed cases.

    29 November 2024

    A new case of clade Ib mpox has been detected in England, the UK Health Security Agency (UKHSA) can confirm.  

    The case was detected in Leeds and the individual is now under specialist care at Sheffield Teaching Hospitals NHS Foundation Trust. They had recently returned from Uganda, which is seeing community transmission of clade Ib mpox. The UKHSA and NHS will not be disclosing any further details about the individual. 

    The risk to the UK population remains low. We expect to see the occasional imported case of clade Ib mpox in the UK. 

    This is the fifth case of clade Ib mpox confirmed in England in recent weeks. This case has no links to the previous cases identified. All 4 previous cases were from the same household and all have now fully recovered.  

    Close contacts of the case are being followed up by UKHSA and partner organisations. Any contacts will be offered testing and vaccination as needed and advised on any necessary further care if they have symptoms or test positive. 

    Professor Susan Hopkins, Chief Medical Adviser at UKHSA, said: 

    It is thanks to clinicians rapidly recognising the symptoms and our diagnostics tests that we have been able to detect this new case. 

    The risk to the UK population remains low following this fifth case, and we are working rapidly to trace close contacts and reduce the risk of any potential spread. In accordance with established protocols, investigations are underway to learn how the individual acquired the infection and to assess whether there are any further associated cases. 

    Clade Ib mpox has been widely circulating in the Democratic Republic of Congo (DRC), Burundi, Rwanda, Uganda and Kenya in recent months. Imported cases have been detected in Canada, Sweden, India, Thailand and Germany. 

    There has been extensive planning underway to ensure healthcare professionals are equipped and prepared to respond to any further confirmed cases.

    6 November 2024

    One further case of clade Ib mpox has been detected in a household contact of the first case, the UK Health Security Agency (UKSHA) can confirm.  

    This brings the total number of confirmed cases to 4, all of which belong to the same household. 

    The patient is currently under specialist care at Guy’s and St Thomas’ NHS Foundation Trust in London. The risk to the UK population remains low. 

    The patient has been isolating since identified as a contact of the first case and no additional contact tracing is required. 

    Professor Susan Hopkins, Chief Medical Adviser at UKHSA, said: 

    Mpox is very infectious in households with close contact and so it is not unexpected to see further cases within the same household. 

    The overall risk to the UK population remains low. We are working with partners to make sure all contacts of the cases are identified and contacted to reduce the risk of further spread.

    Contacts of cases are being followed up by UKHSA and partner organisations. All contacts will be offered testing and vaccination as needed and advised on any necessary further care if they have symptoms or test positive. 

    There has been extensive planning underway to ensure healthcare professionals are equipped and prepared to respond to any further confirmed cases.

    4 November 2024

    Two cases of clade Ib mpox have been detected in household contacts of the first case, the UK Health Security Agency (UKSHA) can confirm. This brings the total number of confirmed cases to 3.

    The 2 patients are currently under specialist care at Guy’s and St Thomas’ NHS Foundation Trust in London. The risk to the UK population remains low.

    There has been extensive planning underway to ensure healthcare professionals are equipped and prepared to respond to any further confirmed cases.

    Professor Susan Hopkins, Chief Medical Adviser at UKHSA, said:

    Mpox is very infectious in households with close contact and so it is not unexpected to see further cases within the same household.

    The overall risk to the UK population remains low. We are working with partners to make sure all contacts of the cases are identified and contacted to reduce the risk of further spread.

    Contacts of all 3 cases are being followed up by UKHSA and partner organisations. All contacts will be offered testing and vaccination as needed and advised on any necessary further care if they have symptoms or test positive.

    30 October 2024

    The UK Health Security Agency (UKHSA) has detected a single confirmed human case of clade Ib mpox. The risk to the UK population remains low.

    This is the first detection of this clade of mpox in the UK. It is different from mpox clade II that has been circulating at low levels in the UK since 2022, primarily among gay, bisexual and other men-who-have-sex-with-men (GBMSM).

    UKHSA, the NHS and partner organisations have well tested capabilities to detect, contain and treat novel infectious diseases, and while this is the first confirmed case of mpox clade Ib in the UK, there has been extensive planning underway to ensure healthcare professionals are equipped and prepared to respond to any confirmed cases.

    The case was detected in London and the individual has been transferred to the Royal Free Hospital High Consequence Infectious Diseases unit. They had recently travelled to countries in Africa that are seeing community cases of clade Ib mpox. The UKHSA and NHS will not be disclosing any further details about the individual.

    Close contacts of the case are being followed up by UKHSA and partner organisations. Any contacts will be offered testing and vaccination as needed and advised on any necessary further care if they have symptoms or test positive.

    UKHSA is working closely with the NHS and academic partners to determine the characteristics of the pathogen and further assess the risk to human health. While the existing evidence suggests mpox clade Ib causes more severe disease than clade II, we will continue to monitor and learn more about the severity, transmission and control measures. We will initially manage clade Ib as a high consequence infectious disease (HCID) whilst we are learning more about the virus.

    Professor Susan Hopkins, Chief Medical Adviser at UKHSA, said:

    It is thanks to our surveillance that we have been able to detect this virus. This is the first time we have detected this clade of mpox in the UK, though other cases have been confirmed abroad.

    The risk to the UK population remains low, and we are working rapidly to trace close contacts and reduce the risk of any potential spread. In accordance with established protocols, investigations are underway to learn how the individual acquired the infection and to assess whether there are any further associated cases.

    Health and Social Care Secretary Wes Streeting, said:

    I am extremely grateful to the healthcare professionals who are carrying out incredible work to support and care for the patient affected.

    The overall risk to the UK population currently remains low and the government is working alongside UKHSA and the NHS to protect the public and prevent transmission.

    This includes securing vaccines and equipping healthcare professionals with the guidance and tools they need to respond to cases safely.

    We are also working with our international partners to support affected countries to prevent further outbreaks.

    Steve Russell, NHS national director for vaccination and screening, said:

    The NHS is fully prepared to respond to the first confirmed case of this clade of mpox.

    Since mpox first became present in England, local services have pulled out all the stops to vaccinate those eligible, with tens of thousands in priority groups having already come forward to get protected, and while the risk of catching mpox in the UK remains low, if required the NHS has plans in place to expand the roll out of vaccines quickly in line with supply.

    Clade Ib mpox has been widely circulating in the Democratic Republic of Congo (DRC) in recent months and there have been cases reported in Burundi, Rwanda, Uganda, Kenya, Sweden, India and Germany.

    Clade Ib mpox was detected by UKHSA using polymerase chain reaction (PCR) testing.

    Common symptoms of mpox include a skin rash or pus-filled lesions which can last 2 to 4 weeks. It can also cause fever, headaches, muscle aches, back pain, low energy and swollen lymph nodes.

    The infection can be passed on through close person-to-person contact with someone who has the infection or with infected animals and through contact with contaminated materials. Anyone with symptoms should continue to avoid contact with other people while symptoms persist.

    The UK has an existing stock of mpox vaccines and last month announced further vaccines are being procured to support a routine immunisation programme to provide additional resilience in the UK. This is in line with more recent independent JCVI advice.

    Working alongside international partners, UKHSA has been monitoring clade Ib mpox closely since the outbreak in DRC first emerged, publishing regular risk assessment updates.

    The wider risk to the UK population remains low.

    UKHSA has published its first technical briefing on clade I mpox which provides further information on the current situation and UK preparedness and response.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Chancellor’s National Wealth Fund to deliver growth and boost security

    Source: United Kingdom – Executive Government & Departments

    News story

    Chancellor’s National Wealth Fund to deliver growth and boost security

    Chancellor sets new strategy for National Wealth Fund to reflect our Plan for Change, unlocking billions of pounds of private investment into the UK.

    • New strategic steer will see National Wealth Fund take on higher risk projects as government goes further and faster to kickstart economic growth, make Britain a clean energy superpower and boost security.
    • Government also launches recruitment for a new National Wealth Fund CEO to build on the £1.8 billion unlocked in private investment since July.

    The National Wealth Fund will unlock over £70 billion in private investment to help deliver economic growth, make Britain a clean energy superpower, and strengthen the defence sector, the Chancellor has confirmed today [19 March]. 

    The new strategic direction sets clean energy, advanced manufacturing, digital technologies, and transport as new priority sectors for the National Wealth Fund. Money will be invested across the United Kingdom in projects like carbon capture, green hydrogen, gigafactories, green steel, and ports.  

    Crucially, the Chancellor’s steer will help direct investment to the industries our defence sector relies on – advanced manufacturing and digital and dual-use technologies – working with industry to keep Britain safe and building on the Government’s commitment to increase spending on defence and national security to 2.5% of GDP from April 2027.   

    The National Wealth Fund’s economic capital limit will also be increased from £4.5 billion to £7 billion, allowing it take on greater risk. This means it has more flexibility over its investments and can support more projects that struggle to access private finance.

    Chancellor of the Exchequer, Rt Hon Rachel Reeves MP, said:

    My number one mission is kickstarting economic growth through our Plan for Change to make Great Britain a stronger, more resilient country and put more money into the pockets of working people.

    I am determined to go further and faster to get our economy growing. By directing tens of billions of pounds into the UK’s industrial strengths, we’ll deliver the high-skilled, high-paid jobs of the future in every corner of the country.

    Since July last year, the National Wealth Fund has unlocked 9,900 jobs and nearly £1.8 billion of private investment in growth-driving industries like green energy and technology. 

    Investment has already started flowing into priority sectors including £55 million for Connected Kerb to increase coverage of EV charging networks and a £28.6 million investment into Cornish Metals. 

    The Chancellor’s strategic steer comes as a new £9.6 million National Wealth Fund investment was announced today for Solihull Council to improve the area’s heating infrastructure and reduce bills, providing low carbon heating, hot water and power to town centre buildings. 

    To lead this new chapter for the UK’s flagship public investor, the Government has also launched a recruitment campaign for the National Wealth Fund’s next CEO. 

    John Flint will step down from the role of CEO in the summer after successfully seeing through the National Wealth Fund’s transition from the UK Infrastructure Bank. 

    The Chancellor will also establish a new UK Strategic Public Investment Forum joining up the UK’s leading policymakers and public financial institutions including the CEOs of the National Wealth Fund, British Business Bank, UK Export Finance, Homes England, Innovate UK, and Great British Energy and The Crown Estate. 

    The forum – the first of its kind – will cooperate on delivering investments to the priority areas set out by the Chancellor and will be tasked with ensuring the Government is getting maximum impact for its investments.  

    Stemming from this, the National Wealth Fund will work closely with Great British Energy to support its quick establishment as a publicly owned clean energy company that will boost Britain’s energy security making it a clean energy superpower, lower bills, create jobs, and grow the economy.

    Investing in homegrown clean energy industries is an essential part of the government’s drive to replace the UK’s dependency on fossil fuel markets controlled by petrostates and dictators with clean, homegrown power.

    Secretary of State for Energy Security and Net Zero, Rt Hon Ed Miliband MP, said:

    Clean power is the economic opportunity of the 21st century – and through the National Wealth Fund we will seize this opportunity to invest in British industries and workers.

    We are delivering our clean energy superpower mission to make our country energy secure and deliver the good jobs that the British people deserve.

    More details on Great British Energy’s developer mandate have also been released today.

    The partnership between Great British Energy and the National Wealth Fund will see the former bringing project development expertise as well as investment, and the latter providing finance, a model already being deployed in Japan and Denmark. 

    Harnessing private investment via the National Wealth Fund is part of the Government’s wider efforts to kickstart economic growth and deliver a new era of security and renewal through our Plan for Change. 

    Cutting red tape so major infrastructure projects can progress, removing unnecessary hurdles in the planning system so more homes can be built, and progressing new economic partnerships with international partners like Japan and India is part of the work being undertaken to grow the economy and put more money in people’s pockets.

    More information

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI Europe: D9+ Ministerial Meeting for digital technology and connectivity in Amsterdam

    Source: Government of the Netherlands

    News item | 19-03-2025 | 10:45

    Minister Dirk Beljaarts of Economic Affairs of the Netherlands will host the D9+ Ministerial Meeting in Amsterdam on Wednesday 26 and Thursday 27 March 2025. Ministers from the thirteen most digitalized EU Member States and EU Commissioner Henna Virkkunen (Executive Vice-President of the European Commission) will meet at this summit. The D9+ Group of countries have joint ambitions to strengthen their digital economy, infrastructure and technologies and to better protect consumers on digital markets all based on a common EU digital technology strategy.

    The Ministerial Meeting in Amsterdam includes meetings to ensure more EU private investments in digital technologies and to improve access to financing for startups and scale-ups. The ministers will also discuss challenges regarding connectivity. Such as increasing the supercomputing capacity within the EU to be able to develop innovations in the field of both digital infrastructure and technology. During the D9+ the participating Ministers will also have meetings on artificial intelligence. Discussions will be held on topics like developing innovative AI technology and AI infrastructure within the EU and the use of AI in public services. During these meetings various guest speakers will also provide insight into how business investments can be stimulated.

    The following Ministers from the D9+ Group will be in Amsterdam for the summit: Caroline Stage (Minister for Digital Affairs; Denmark), Liisa-Ly Pakosta (Minister of Justice and Digital Affairs; Estonia), Niamh Smyth (Minister of State for Trade, Promotion, AI and Digital Transformation; Ireland), Elisabeth Margue (Minister Delegate to the Prime Minister for Media and Connectivity; Luxembourg), Dariusz Standerski, Secretary of State for Digital Affairs; Poland); Margarida Balseiro Lopes (Minister for Youth and Modernization; Portugal), Ksenija Klampfer (Minister of Digital Transformation; Slovenia), Oscar Lopez Águada (Minister for Digital Transformation and Civil Service; Spain), Marian Jurečka, Minister of Labour and Social Affairs; Czech Republic), Erik Slottner (Minister for Public Administration; Sweden). The representatives from Belgium and Finland have to be confirmed yet.

    The participating ministers have the ambition to deliver a final declaration which Minister Beljaarts will hand over to EU Commissioner Virkkunen. At the same time as the D9+ Ministerial Meeting both business federations (B9+) and start-up and scale-up organizations (S9+) from the thirteen countries involved will meet in Amsterdam.

    Origin of D9+

    In 2016, Sweden launched an initiative called ‘Digital Frontrunners’ following a report in which nine EU member states were designated as frontrunners. Four additional countries have since become members of the D9+. The Ministers meet informally twice a year to work together on their ambitions in the field of digital economy and technology. There is a rotating presidency. After the Netherlands, Portugal will organize the next D9+ in the second half of 2025.

    MIL OSI Europe News –

  • MIL-OSI Banking: Statement of the Monetary Policy Committee 19 March 2025

    Source: Central Bank of Iceland

    The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to lower the Bank’s interest rates by 0.25 percentage points. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore be 7.75%. All Committee mem0bers voted in favour of the decision.

    MIL OSI Global Banks –

  • MIL-OSI Banking: Danish economy well-balanced despite uncertain times

    Source: Danmarks Nationalbank

    19 March 2025

    The Danish economy is fundamentally balanced and there are prospects for good growth, continued high employment and low, stable inflation in the coming years.

    Growth in the Danish economy is expected to be fuelled by developments in the domestic economy to a greater extent than in recent years. Further progress in the activities abroad of large, global Danish companies, which are recognised in Danish value added, will also contribute to growth.

    “The relatively high growth in the projection of 3.6 per cent this year includes the development of Danish production abroad and the reopening of the Tyra field. Without these two factors, we estimate that the Danish economy will grow more moderately at 1.4 per cent this year,” says Christian Kettel Thomsen, Governor of Danmarks Nationalbank.

    “Behind the positive picture of the Danish economy, there are factors that can paint a less attractive picture. The Danish economy has adapted to new challenges in the past, most recently during the pandemic, and this will be needed again if trade conflicts and increased defence spending become commonplace,” says Thomsen.

    If global trade conflicts or the implementation of tariff barriers escalate, it could have a major impact on world trade.

    “Our analyses indicate that increased fragmentation of the global economy or a sharp decline in world trade could mean lower growth and higher prices domestically and globally,” says Thomsen.

    Denmark and Europe are also facing a significant increase in defence spending, which could increase capacity pressure in the economy.

    “If capacity pressure in Denmark increases significantly, it should be offset by fiscal measures that reduce it accordingly. This should be seen in light of the fact that Denmark is currently considered to be in a neutral economic situation,” says Thomsen.

    Danmarks Nationalbank’s expectations in a new projection:

    In our new projection, we expect HICP inflation in Denmark to be 2.0 per cent this year, 1.7 per cent in 2026 and 2027. We expect GDP growth to be 3.6 per cent this year, 2.3 per cent in 2026 and 2.0 per cent in 2027.

    Danmarks Nationalbank’s new analyses of the Danish economy and the new annual report for 2024 can be found on the bank’s website, nationalbanken.dk.

    Enquiries and registrations for the press conference can be directed to press advisor Peter Levring on 2620 1809 and pnbl@nationalbanken.dk.

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: Joint Statement from the International Partners Group on the US Withdrawal from the Just Energy Transition Partnership in South Africa

    Source: United Kingdom – Government Statements

    News story

    Joint Statement from the International Partners Group on the US Withdrawal from the Just Energy Transition Partnership in South Africa

    The United States has informed the Government of South Africa and the International Partners Group of its withdrawal from the Just Energy Transition Partnership (JETP).

    The partnership, originally announced at COP 26, aims to support South Africa to move away from coal and to accelerate its transition to a low emission, climate resilient economy. 

    The US contribution to South Africa’s Just Energy Transition (JET), as set out in the JET Investment Plan, was $56m in grant funds and $1bn in commercial debt/equity from the US International Development Finance Corporation (DFC).  

    While the withdrawal of the US is regrettable, the International Partners Group (IPG) remains fully committed to supporting South Africa to deliver its just energy transition. The level of investment made to date and remaining pledges demonstrate this. Over $2.5bn of the IPG pledge has been spent to date. The total pledged funding to support South Africa’s just energy transition also remains higher than the original pledge due to increases in pledges from both the IPG and other development partners who are not part of the IPG. Some partners are exploring possibilities for supporting work previously being carried out by the US.  

    We look forward to continuing to work with the government of South Africa and other stakeholders to allocate existing funding in support of a just energy transition that will benefit all South Africans. The political, technical and financial support from the IPG remains strong and steadfast. 

    On behalf of the International Partners Group – United Kingdom, Germany, France, the European Union, Denmark and the Netherlands.

    Further information

    • overall international pledges is $12.8bn total. This includes over $9bn from IPG and Spain, Switzerland and Canada (excluding Spanish export credits)

    Updates to this page

    Published 19 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI China: Global leaders attend eighth Yushan Forum in concrete show of support for Taiwan’s integrated diplomacy

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    March 16, 2025 

    No. 067 

    The eighth Yushan Forum will take place from March 17 to 18 at the Taipei Marriott Hotel. The theme of the event is “New Southbound Policy+: Taiwan, the Indo-Pacific, and a New World.” In line with President Lai Ching-te’s Smart Nation 2.0 policy vision, the meeting is being held parallel to the 2025 Smart City Summit and Expo and the 2050 Net Zero City Expo. The expanded forum will be attended by key political figures, industrial leaders, and experts from New Southbound Policy partner countries and other like-minded nations worldwide, including Denmark, Slovenia, the United States, Japan, the Czech Republic, Poland, Lithuania, Canada, New Zealand, the Philippines, Thailand, Singapore, and India. Participants will discuss how Taiwan leverages its digital state power and innovative technology to promote a digital New Southbound initiative and develop smart solutions with partner countries to jointly advance sustainable prosperity in the region.

     

    On the first day of the event, President Lai will deliver opening remarks in the morning, Vice President Hsiao Bi-khim will hold a luncheon for important guests in the afternoon, and Minister of Foreign Affairs Lin Chia-lung will host a welcome dinner for participants in the evening. Leading political figures attending the forum include Anders Fogh Rasmussen, former Danish Prime Minister and current Chairman of the Alliance of Democracies Foundation; Janez Janša, former Slovenian Prime Minister; Keiji Furuya, Chairman of the Japan-ROC Diet Members’ Consultative Council and member of the Japanese House of Representatives; Pavel Fischer, member of the Czech Senate and Chairman of its Committee on Foreign Affairs, Defence, and Security; Anna Fotyga, former Polish Minister of Foreign Affairs; Mantas Adomenas, former Lithuanian Deputy Minister of Foreign Affairs and current Secretary General of the Polish-based Community of Democracies; and Tony Clement, former Canadian Minister of Health. Other guests include leaders of Taiwanese companies and industrial associations; representatives of globally renowned corporate groups such as Merck, US-based Coupang and Uber, and Thai-based AMATA; and delegates of the US-based Pacific Forum, the Asia Centre from Thailand, and various think tanks and nongovernmental organizations based in Indonesia, India, and other New Southbound Policy partner countries.

     

    Taiwan held the first Yushan Forum in 2017. Now in its eighth iteration, the event has fully demonstrated the achievements of the New Southbound Policy. In line with integrated diplomacy, this year’s forum has been further transformed and elevated into a key discussion platform to connect Taiwan, the Indo-Pacific, and the world, and to incorporate Taiwan’s successful advancements and experiences in various fields into regional dialogue. The forum will make an indispensable contribution to sustainable democracy, sustainable prosperity, and sustainable peace in the Indo-Pacific region. (E)

    MIL OSI China News –