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Category: Switzerland

  • MIL-OSI: 14/2025・Trifork Group: Weekly report on share buyback

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 14 / 2025
    Schindellegi, Switzerland – 24 March 2025


    Trifork Group: Weekly report on share buyback

    On 28 February 2025, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 4 March 2025 up to and including no later than 30 June 2025. The buyback program will not be active from 9 to 15 April 2025. For details, please see company announcement no. 7 of 28 February 2025.

    Under the share buyback program, Trifork will purchase shares for up to a total of DKK 14.92 million (approximately EUR 2 million).

    Prior to the launch of the share buyback, Trifork held 256,329 treasury shares, corresponding to 1.3% of the share capital.

    Under the program, the following transactions have been made:

    Date    Number of shares       Average purchase price (DKK)       Transaction value (DKK)
    Total beginning 19,188 80.74 1,549,334
    17 March 2025 2,000 84.74 169,480
    18 March 2025 2,000 87.22 174,440
    19 March 2025 2,200 90.81 199,782
    20 March 2025 2,100 94.39 198,219
    21 March 2025 1,900 94.01 178,619
    Accumulated 29,388 84.04 2,469,874

    Since the share buyback program was started on 4 March 2025, the total number of repurchased shares is 29,388 at a total amount of DKK 2,469,874.

    With the transactions stated above, Trifork holds a total of 285,717 treasury shares, corresponding to 1.4%. The total number of registered shares in Trifork is 19,744,899. Adjusted for treasury shares, the number of outstanding shares is 19,459,182.


    Investor and media contact
    Frederik Svanholm, Group Investment Director & Head of Investor Relations
    frsv@trifork.com, +41 79 357 73 17


    About Trifork
    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI New Zealand: TTC Global Announces Key Partnership with Oneconsult

    Source: Press Release Service – Press Release/Statement:

    Headline: TTC Global Announces Key Partnership with Oneconsult

    Auckland-based TTC Global, a worldwide pioneer in software quality engineering, has partnered with Oneconsult, a Swiss cybersecurity firm, to deliver comprehensive digital security assurance in New Zealand.

    The post TTC Global Announces Key Partnership with Oneconsult first appeared on PR.co.nz.

    – –

    MIL OSI New Zealand News –

  • MIL-OSI: XploraDEX $XPL Could Be the Most Profitable Launch on XRP Ledger—Join $XPL PreSale and Become an Early Whale

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, March 22, 2025 (GLOBE NEWSWIRE) — The XRP Ledger is buzzing and top traders and analysts are already calling it: XploraDEX’s $XPL token might be the most profitable launch XRPL has ever seen. As the first AI-powered decentralized exchange on XRPL, XploraDEX is bringing next-gen trading automation to one of the most efficient blockchains in the game.

    With the $XPL Presale live and gaining momentum, early adopters are rushing in to secure their allocation before the price skyrockets. The fusion of AI technology and lightning-fast XRPL infrastructure has created a perfect storm and those who move early stand to benefit the most.

    GET $XPL TOKENS NOW

    Why the Smartest Traders Are Backing XploraDEX

    In a market flooded with hype, top-tier traders are backing XploraDEX not because of marketing gimmicksbut because of its real utility and future-proof design.

    Here is What The Smart Investors See:

    AI-Driven Trade Execution – Precision trades with no emotion, powered by real-time machine learning.

    Predictive Analytics – Get ahead of the market with AI insights that spot profitable trends before they unfold.

    Built for XRPL – Ultra-fast settlement, micro-fees, and sustainable scalability.

    Arbitrage & HFT Opportunities – Execute advanced trading strategies previously only available to pros.

    XPL-Powered Ecosystem – Access to staking, fee discounts, governance, and exclusive AI tools.

    XploraDEX is not just another decentralized exchange, it’s a smarter, faster, AI-enhanced trading engine tailored for the XRP ecosystem.

    BUY $XPL TOKEN ON PRESALE

    $XPL: The Token at the Heart of the AI Trading Revolution

    The $XPL token is more than just fuel for XploraDEX—it’s the gateway to the most intelligent DeFi experience on XRPL. Holding $XPL gives you:

    • Access to Premium AI Trading Tools
    • Trading Fee Discounts for liquidity providers and active users
    • Staking & Passive Rewards from platform activity
    • Governance Power over platform upgrades, AI models, and strategic decisions

    With growing presale participation and buzz across the XRP community, $XPL is quickly becoming the most sought-after token on XRPL.

    Buy $XPL Tokens Now: https://sale.xploradex.io

    $XPL Presale is Heating Up – Time Is Running Out

    Early backers are already positioning themselves. As word spreads and demand rises, the window to grab $XPL Token at presale prices is closing fast.

    This is your opportunity to be early, not just on a token, but on a full-scale AI DeFi movement powered by XRPL.

    Join the presale today: https://sale.xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bb72ae54-4431-41e9-ac6f-f00ae2ccb597

    The MIL Network –

  • MIL-OSI Europe: Federal Councillor Elisabeth Baume Schneider and WHO Director General meet in Geneva

    Source: Switzerland – Department of Home Affairs

    On Friday, 21 March, 2025, Federal Councillor Elisabeth Baume-Schneider and the Director-General of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, met for an exchange in Geneva. They discussed Switzerland’s commitment to ensuring the WHO’s capacity to act as well as the country’s efforts for an effective multilateralism. Other topics on the agenda were the constraint budgetary situation of the WHO and the organisation’s ongoing reform processes.

    MIL OSI Europe News –

  • MIL-OSI Global: Defending humanitarian aid in terms of national security obscures its real purpose

    Source: The Conversation – USA – By Chen Reis, Associate Clinical Professor, Director, Humanitarian Assistance Program, & Director, Human Rights MA, University of Denver

    A woman scoops up portions of wheat to be allocated to each waiting family after it was distributed in the Tigray region of northern Ethiopia in 2021. AP Photo/Ben Curtis

    More than 305 million people require lifesaving humanitarian aid today. Most of them live in areas wracked by conflict, such as Sudan, Gaza, Afghanistan and the Democratic Republic of Congo.

    By many estimates, there is more need than ever for this assistance – and the need is growing. But humanitarian funding, which is primarily provided by governments, is declining. The Trump administration stopped disbursing nearly all U.S. humanitarian aid on Jan. 20, 2025. It made these cuts at a time when the Netherlands, the United Kingdom, France, Switzerland, Belgium and other wealthy countries are slashing their own aid spending.

    Judges have ruled that the U.S. government must rehire aid workers and make overdue payments for aid already delivered by nongovernmental companies, international agencies and private contractors. While legal disputes wend through the courts, these cuts are already having disastrous consequences for people in Afghanistan, Sudan and other places facing crises.

    As scholars who study humanitarian aid, we are seeing not just a crisis of funding but also one that jeopardizes the credibility of the entire global system that provides this lifesaving assistance.

    When conflict breaks out or a disaster like an earthquake strikes, people require emergency medical care, temporary shelter, food and water. In countries where the government is unable or unwilling to provide these services, humanitarian organizations and international agencies step in to fill the gaps. Humanitarian aid is based on empathy and the recognition that everyone has a right to live with dignity.

    When discussing the impacts of its aid freeze and challenging the Trump administration’s misinformation about the U.S. Agency for International Development, many NGOs and experts on humanitarian assistance have not focused on empathy and rights.

    They have in their defense of the agency responsible until now for most of the foreign aid the U.S. provides instead relied on arguments that appeal to U.S. national security, soft power and economic interests.

    Sen. Chris Coons, a Connecticut Democrat, has warned that China will benefit from the U.S. aid cutoff.

    “Our biggest global competitor and adversary is delighted that we’ve handed them an opportunity to say to communities and countries around the world that we are not a reliable partner,” Coons said.

    By highlighting geopolitical, security and economic arguments for humanitarian aid, in our view, they risk further hurting the sector’s legitimacy.

    Protesters rally in support of USAID in Washington on Feb. 5, 2025.
    Nathan Posner/Anadolu via Getty Images

    A ‘seismic shock’

    Tom Fletcher, who leads the United Nations’ humanitarian efforts, has called the Trump administration’s aid reduction “a seismic shock to the sector.” But the latest cuts are part of a longer-term trend.

    While needs have increased, humanitarian funding has been flat or declining for years, leaving millions of people who need food, health care, shelter and protection without the assistance they need.

    Every year, the U.N. assesses humanitarian need for the coming year and issues what amounts to a global budget request to meet those needs. Government donors commit funds toward that budget request, and those funds are then distributed to U.N. agencies and NGOs that implement humanitarian programming.

    Since 2016, the gap between funding requirements and funding commitments has grown. In 2024, the U.N. requested US$49.5 billion in humanitarian funding and received less than half, or $23.9 billion, with the U.S. contributing 41% of that amount.

    Until January 2025, the U.S. accounted for 35%-46% of total annual global humanitarian funding. The abrupt cutoff of funds has led to a scramble to pay for food for malnourished children in Sudan, health care for refugees from Myanmar, and maternal health services in Yemen.

    Without U.S. funding, the humanitarian work of the United Nations agencies and NGOs that deliver humanitarian aid in part funded by governments is in jeopardy.

    Because of the cuts, Catholic Relief Services and the International Rescue Committee, for example, have laid off staff and shuttered health clinics that prevent or treat infectious diseases like malaria and HIV/AIDS. They can no longer provide access to clean water and sanitation services or other lifesaving aid in many places where they work.

    Core principles violated

    Humanitarian groups have historically embraced a set of core principles that emphasize the alleviation of human suffering wherever it may occur while remaining independent, neutral and impartial.

    In conflict zones, these principles are essential for gaining access to people who need help. Aid workers build trust and acceptance by not picking sides in a conflict and providing aid based on need.

    Focusing on what benefits donor countries instead of what serves humanitarian needs in areas experiencing famine, disasters or conflicts is at odds with these principles. However, in January, U.S. Secretary of State Marco Rubio suggested that U.S. interests would decide how aid is allocated.

    “Every dollar we spend, every program we fund and every policy we pursue must be justified with the answer to three simple questions,” Rubio said. “Does it make America safer? Does it make America stronger? Does it make America more prosperous?”

    Since late January, the Trump administration has cut 83% of USAID’s programs, according to recent reports.

    Transactional arguments

    In March, the State Department sent a questionnaire to nongovernmental organizations and U.N. agencies asking how they will conform to President Donald Trump’s “America First” policy and distribute aid in alignment with foreign policy goals.

    Governments always consider their own interests as one factor when making decisions about humanitarian aid. But, we are concerned that humanitarian organizations and the public are not pushing back on these purely transactional arguments.

    Instead, some organizations seem to be falling in line.

    “This investment pays dividends by preventing humanitarian crises, containing disease outbreaks, and countering adversarial influence in vulnerable regions,” stated InterAction, an association of U.S.-based NGOs that distribute humanitarian aid and development assistance. “That’s why foreign aid has maintained decades of support across party lines — it is vital for U.S. security and international stability.”

    We also see in these comments signs that justifications for aid are changing.

    When former Secretary of State Colin Powell called nongovernmental organizations a “force multiplier” in 2001, it stirred controversy because he suggested that they were an extension of the government and a pillar of U.S. strategy. Even still, he acknowledged that NGOs required independence from government to do their essential work.

    An important choice

    Humanitarian organizations are grappling with the financial and operational consequences of their reliance on a small number of donor governments that have cut off or cut back aid. As they adjust to the new reality, we believe that they must make a choice.

    They can embrace the increasingly transactional agendas of the rich countries that have historically provided most humanitarian aid funding. Doing so may increase aid flows but compromise humanitarian neutrality and impartiality – potentially restricting their access to the places they need to go to do their work.

    Or they can focus on people affected by crises – as recipients of assistance and as agents of change. This option would likely mean operating on an even smaller budget at a time when needs are increasing.

    Either way, the decisions made today will have significant implications for the future of humanitarian action.

    The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Defending humanitarian aid in terms of national security obscures its real purpose – https://theconversation.com/defending-humanitarian-aid-in-terms-of-national-security-obscures-its-real-purpose-252246

    MIL OSI – Global Reports –

  • MIL-OSI Asia-Pac: PARLIAMENT QUESTION: IMPROVING TEXTILE EXPORTS

    Source: Government of India (2)

    Posted On: 21 MAR 2025 12:15PM by PIB Delhi

    India is ranked among the top textile exporting countries in the world with a share of approx. 4% of global textiles and apparel exports. The export of Textile & Apparel including Handicrafts has increased by 7% in April-December 2024 with respect to same period previous year.  Major textile and apparel export destinations for India are USA, EU and UK with around 53% share in total textile and apparel exports in FY 2023-24.

    The Government is implementing various schemes/initiatives to promote Indian textiles. The major schemes/initiatives include PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks Scheme to create a modern, integrated, world class textile infrastructure; Production Linked Incentive (PLI) Scheme focusing on MMF Fabric, MMF Apparel and Technical Textiles to boost large scale manufacturing and enhancing competitiveness; National Technical Textiles Mission focusing on Research Innovation & Development, Promotion and Market Development; SAMARTH – Scheme for Capacity Building in Textile Sector with the objective providing demand driven, placement oriented, skilling program; Silk Samagra-2 for comprehensive development of sericulture value chain; National Handloom Development Program for end to end support for handloom sector. Ministry of Textiles is also implementing National Handicrafts Development Programme and Comprehensive Handicrafts Cluster Development Scheme for promotion of handicrafts.

    The Indian textiles industry is one of the largest in the world with a large raw material base of natural fibre including cotton, silk, wool, jute as well as manmade fibre and manufacturing strength across the value chain from fibre to fabric to garments.

    With a view to ensure a consistent supply of cotton in the country and have a sustained interest of farmers in cotton cultivation, Government of India is declaring Minimum Support Price (MSP) of cotton every year. This mechanism ensures that farmers receive a fair remunerative price for their produce in the event market prices of cotton falls below the MSP rates and also facilitates the availability of cotton at competitive prices.

    With effect from 20th February 2024, the custom duty on Extra-Long Staple (ELS) Cotton has been reduced to NIL. Under the India-Australia ECTA, 51,000 tonnes of duty free ELS Cotton can be imported since Dec 29, 2022.

    In order to increase the export potential, India has so far signed 14 Free Trade Agreements (FTAs) including recently concluded agreement with UAE, Australia and TEPA with EFTA countries comprising Switzerland, Iceland, Norway & Liechtenstein; and 6 Preferential Trade Agreements (PTAs) with various trading partners.

    The Government is also implementing Rebate of State and Central Taxes and Levies (RoSCTL) scheme for Apparel/Garments and Made-ups in order to enhance competitiveness by adopting principle of zero rated exports. Further, textiles products not covered under the RoSCTL scheme are covered under Remissions of Duties and Taxes on Exported Products (RoDTEP) along with other products. In addition, Government provides financial support to various Export Promotion Councils and Trade Bodies under Market Access Initiative Scheme implemented by Department of Commerce for organising and participating in trade fairs, exhibitions, buyer-seller meets etc at national and international levels to boost export.

    With a view to boost technical textiles sector in the country, National Technical Textiles Mission (NTTM) was launched for a period from 2020-21 to 2025-26. The mission focusses on fundamental research in thrust areas of speciality fibre like Carbon Fibre, Aramid Fibre, Nylon Fibre, and Composites & application-based research in geotextiles, agro-textiles, medical textiles, mobile textiles and sports textiles and development of biodegradable technical textiles. For research in sustainable & biodegradable technical textiles, projects have been approved for research in non-conventional natural fibres like, Milk Weed, Bamboo Fibre, etc.

    As far as innovation in textiles sector is concerned, Ministry of Textiles has conducted an Innovation Challenges in collaboration with Startup India & DPIIT. In this challenge, 9 winners were recognised and awarded and Incubation opportunity to 6 awardees were given through this Atal Innovation Mission (AIM). Apart from this, 3 separate innovations challenges were conducted by nature fibre boards on their respective problem statements i.e.

    • NJB Technological Innovation Grand Challenge in which 3 winners were recognised and awarded out of 125 applicants.
    • CSB Start-up Grand Challenge in which 4 winners were recognised and awarded out of             58 applicants.
    • CWDB Wool Innovation Challenge in which 3 winners were recognised and awarded out of     24 applicants.

    17 of the above-mentioned winners are directly engage activities such as textile waste recycling, bio-based fibres or sustainable garment production.

    The Government is regularly monitoring exports and imports and engaging with the industry in this regard. The Government has imposed Minimum Import Price of USD 3.50 per kg on Harmonized System of Nomenclature (HSN) codes under the heading 6,006, in order to control import of low rate and low-quality knitted fabrics. In the budget announcement, custom duty was revised on HSN under heading 6,006. Various QCOs have been imposed to curb imports of low-quality non-standard goods which allows protection to domestic producers.

    This information was provided by THE MINISTER OF STATE FOR TEXTILES SHRI PABITRA MARGHERITA in a written reply to a question in Lok Sabha today.

    ****

    DHANYA SANAL K

    (Lok Sabha US Q2873)

    (Release ID: 2113532) Visitor Counter : 23

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Federal Council adopts Dispatch on EU Pact on Migration and Asylum

    Source: Switzerland – Department of Justice and Police

    The new EU Pact on Migration and Asylum is intended to make the European migration and asylum system more efficient, crisis-resistant and with an effective system of solidarity. As an associated Schengen/Dublin state, Switzerland is obliged to participate in certain areas of the new arrangements. To do so, it must adapt its national legislation. At its meeting on 21 March, the Federal Council adopted a dispatch on the corresponding legal amendments for the attention of Parliament.

    MIL OSI Europe News –

  • MIL-OSI Europe: Federal Council lowers interest rates for COVID-19 credits

    Source: Switzerland – Department of Finance

    During its meeting on 21 March 2025, the Federal Council decided to lower the interest rates for outstanding COVID-19 credits with effect from 31 March 2025. The interest rate will now be 0.25% for credits up to CHF 500,000 and 0.75% for credits exceeding CHF 500,000.

    MIL OSI Europe News –

  • MIL-OSI Europe: Federal Council takes note of report on achievement of RUAG International’s objectives in 2024 financial year

    Source: Switzerland – Department of Finance

    During its meeting on 21 March 2025, the Federal Council took note of the report by the Board of Directors of RUAG International Holding AG on the achievement of objectives in the 2024 financial year. By and large, the strategic objectives defined by the Federal Council were achieved. In addition, the Federal Council made initial decisions on the upcoming general meeting and was informed about the impact of the adopted motion on halting the sale of Beyond Gravity.

    MIL OSI Europe News –

  • MIL-OSI Europe: Federal Council approves Switzerland’s participation in the NSPA PATRIOT Support Partnership

    Source: Switzerland – Department of Defence, Civil Protection and Sport

    To strengthen security and increase the availability of spare parts for ground-based air defence, the Federal Council has approved Switzerland’s participation in the NATO Support and Procurement Agency Patriot Support Partnership (NSPA PATRIOT SP). The partnership also includes maintenance, ammunition monitoring, technical, procurement, training and transportation support.

    MIL OSI Europe News –

  • MIL-OSI Europe: Switzerland splits sanctions list on ISIL, Al-Qaida and the Taliban

    Source: Switzerland – Federal Council in English

    On 21 March, the Federal Council divided the Ordinance on Measures against Persons and Organisations with Links to Usama bin Laden, Al-Qaida or the Taliban into two separate ordinances. This decision reflects several UN Security Council resolutions. The ordinances will come into force on 15 May.

    MIL OSI Europe News –

  • MIL-OSI: Temenos named Technology Provider of the Year in FStech Awards

    Source: GlobeNewswire (MIL-OSI)

    GRAND-LANCY, Switzerland, March 21, 2025 (GLOBE NEWSWIRE) — Temenos (SIX: TEMN) today announced it has been named Technology Provider of the Year at the FStech Awards 2025, recognizing its leadership in modernizing financial institutions with banking solutions powered by GenAI, cloud, and SaaS.

    Now in their 25th year, the FStech Awards celebrate companies that have demonstrated excellence and innovation within the UK and EMEA financial services sector. In the Technology Provider of the Year category, judges evaluated vendors based on their exceptional performance, product innovations, and customer success.

    Mark Yamin-Ali, Managing Director – Europe, Temenos, commented: “This FStech award underscores Temenos’ leadership in core banking modernization and our reputation as a trusted industry partner. With proven expertise and reliable innovation, including in game-changing technologies such as Generative AI, Temenos enables banks to evolve with confidence, fostering growth and elevating customer experiences.”

    Sairam Rangachari, Chief Product Officer, Temenos, said: “We’re delighted to receive this prestigious award, which recognizes the rich functionality of Temenos’ mission-critical technology. With our relentless focus on innovation, as well as our leading SaaS solutions and Responsible AI capabilities embedded throughout the Temenos platform, we are thrilled to be leading the way in the banking industry.”

    Banks of all sizes utilize Temenos’ adaptable technology – on-premises, in the cloud, or as a SaaS solution – to deliver next-generation services and AI-powered experiences. Its clients benefit from the power of deep functionality, the convenience of best-of-suite software and the synergy of modular solutions.

    Recent customer announcements include the UK’s Aldermore Bank, which selected Temenos SaaS to modernize its savings operations, beginning with the swift launch of new savings notice accounts for small businesses. Additionally, Romania’s CEC Bank selected Temenos to modernize its retail and corporate core banking systems.

    About Temenos
    Temenos (SIX: TEMN) is the world’s leading platform for banking, serving clients in 150 countries by helping them build new banking services and state-of-the-art customer experiences. Top performing banks using Temenos software achieve cost-income ratios almost half the industry average and returns on equity 2x the industry average. Their IT spend on growth and innovation is also 2x the industry average.

    For more information, please visit www.temenos.com.

    Media Contacts  
       
    Scott Rowe & Michael Anderson
    Temenos Global Public Relations
    Tel: +44 20 7423 3857
    Email: press@temenos.com    		 Gabriel Goonetillake
    Temenos Team at Edelman Smithfield
    Tel: +44 7813 407710
    Temenos@EdelmanSmithfield.com

    The MIL Network –

  • MIL-OSI: WECANGROUP AND SEALCOIN INTEGRATE THEIR TECHNOLOGY TO SECURE DEVICE-TO-DEVICE TRANSACTIONS WITH STATE-OF-THE-ART KYO (KNOW YOUR OBJECT) SOLUTION BASED IN SWITZERLAND

    Source: GlobeNewswire (MIL-OSI)

    WECANGROUP AND SEALCOIN INTEGRATE THEIR TECHNOLOGY TO SECURE DEVICE-TO-DEVICE TRANSACTIONS WITH STATE-OF-THE-ART KYO (KNOW YOUR OBJECT) SOLUTION BASED IN SWITZERLAND

    Geneva, Switzerland – March 21, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary SEALCOIN and WeCanGroup are joining forces to enable secure transactions and advanced identity verification within the WeCanGroup ecosystem. This partnership will bring together SEALCOIN’s blockchain-based IoT and digital asset ecosystem with WeCanGroup’s trusted compliance and data security framework, enhancing the way banking, government and defense sectors onboard and interact with connected devices.

    SEALCOIN is designed to securely authenticate and facilitate transactions between IoT devices, making them fully trusted and autonomous actors within a decentralized economy. By integrating SEALCOIN’s cybersecurity and blockchain capabilities into the WeCanGroup ecosystem, IoT devices will be able to perform secure, verifiable transactions while ensuring compliance with industry regulations.

    WeCanGroup, a leader in secure digital identity and compliance solutions, is dedicated to enhancing data security and trust across industries. Through this collaboration, WeCanGroup’s Know Your Client (KYC) and Know Your Business (KYB) solutions will be expanded with Know Your Object (KYO), a revolutionary approach to verifying and managing IoT devices in highly regulated environments.

    Unlocking New Use Cases in Regulated Sectors

    The integration of SEALCOIN and WeCanGroup’s digital identity solutions will foster advanced onboarding processes for IoT ecosystems, enabling high-trust, high-security transactions in:

    ✔ Banking & Finance – Enabling trusted digital asset transactions, compliance-driven IoT payments, and regulatory oversight for financial services.

    ✔ Government & Public Services – Secure authentication of connected devices used in critical infrastructure, identity management, and smart city applications.

    ✔ Defense & Aerospace – Ensuring tamper-proof identity verification and transactional integrity for defense IoT systems and secure communication networks.

    Strengthening Cybersecurity & Compliance for the IoT Economy

    “This partnership marks a significant step toward making IoT truly transactional, while ensuring compliance and data security,” said Carlos Moreira, Founder and CEO at WISeKey. “With SEALCOIN’s advanced PKI-based IoT security and WeCanGroup’s trusted compliance solutions, we are creating a new standard for identity and transaction verification in highly regulated environments.”

    “WeCanGroup has always been committed to enhancing data integrity and regulatory compliance, and this collaboration will allow us to extend our expertise beyond individuals and enterprises to include connected devices,” added Vincent Pignon, Founder and Chairman at WeCanGroup. “By combining KYC, KYB and KYO, we are enabling a future where IoT transactions are as secure, compliant, and trusted as any financial transaction today.”

    Next Steps

    The partnership will initially focus on pilot programs with key partners in finance, government and defense, before expanding to broader industrial and smart infrastructure use cases.

    About WeCanGroup

    Founded in 2015 in Switzerland, WeCanGroup is a leading provider of blockchain-based solutions for secure data management, serving individuals, enterprises, and financial institutions. The company is dedicated to improving data handling efficiency in response to the increasing volume of sensitive information being generated globally. By leveraging blockchain technology, WeCanGroup promotes the tokenization of data as a solution to common issues related to data completeness, redundancy, and security.

    One of WeCanGroup’s flagship platforms, Wecan Comply, is a leading platform for orchestrating KYC & KYB compliance data. From onboarding to periodic reviews and audits, the platform seamlessly connects financial institutions through a secure and standardized data exchange protocol.

    WeCanGroup has established itself as a market leader in Switzerland, recognized and adopted by major wealth management firms, banks, financial intermediaries, and large global enterprises. The platform enables the storage, request, sharing, and management of various types of data, such as KYB and KYC, leveraging the most advanced data exchange and storage infrastructure on the market.

    About SEALCOIN

    SEALCOIN, powered by WISeKey, is a secure digital transaction platform designed to enhance safety and compliance in blockchain-based payments and device-to-device transactions. With a strong focus on identity verification and cryptographic security, SEALCOIN is shaping the future of trusted digital ecosystems.

    For more information, please visit www.sealcoin.ai and www.wecangroup.ch.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@equityny.com

    The MIL Network –

  • MIL-OSI: 13/2025・Notice of Annual General Meeting of Trifork Group AG

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 13 / 2025
    Schindellegi, Switzerland – 21 March 2025

    Notice of Annual General Meeting of Trifork Group AG

    The Annual General Meeting 2025 of Trifork Group AG (the “AGM”) will be held on 15 April 2025 at 12:00 p.m. CEST at Grabenstrasse 2, 6340 Baar, Switzerland.

    The AGM will be streamed live on the internet. Shareholders who wish to participate in the livestream shall register on the e-voting platform of Computershare no later than 11 April 2025 at 11.59 p.m. CEST.

    All relevant documentation for the AGM is available on Trifork’s investor website: https://investor.trifork.com/

    The documents include:

    • Invitation to the AGM (including agenda and motions of the Board of Directors);
    • Annual report 2024 (including the remuneration report 2024, the ESG report 2024 (sustainability statements), the consolidated financial statements 2024, the annual financial statements 2024 and the respective reports of the auditors);
    • Presentation of the new Board member Lars Stugemo standing for election;

    Olivier Jaquet has decided not to stand for a re-election at the upcoming AGM.
    The Board of Directors and Executive Management expresses their highest appreciations for Olivier’s services and are thankful for his valuable contributions towards the Company over the last six years and accompanying the growth story of Trifork Group, including the IPO in May 2021.

    Shareholders registered in the share register on the publication date of this notice convening the AGM will receive an invitation for the AGM by mail along with individual login codes to the voting platform of the AGM.

    Information and questions
    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI Europe: 40th anniversary of the Vienna Convention for the protection of the ozone layer: International environmental agreement to celebrate birthday

    Source: Switzerland – Department of Economic Affairs, Education and Research

    The Earth’s protective ozone layer is recovering – a success story that started 40 years ago with the Vienna Convention. Global atmospheric measurements are crucial for the regulation and monitoring of ozone-depleting substances. With their data from the high alpine research station on Jungfraujoch, Empa researchers are a significant partner within the global measurement network – and even detect previously unknown substances on a regular basis.

    MIL OSI Europe News –

  • MIL-OSI Europe: Swiss-South African Joint Committee on Scientific and Technological Cooperation takes stock of positive results

    Source: Switzerland – Federal Administration in English

    The 7th Meeting of the Swiss-South African Joint Committee on Scientific and Technological Cooperation was held in Bern on 20 March. The aim of the meeting was to further strengthen existing close cooperation. Participants discussed current cooperation projects and identified prospective new ones.

    MIL OSI Europe News –

  • MIL-OSI Europe: SEM alters asylum practice for Afghanistan

    Source: Switzerland – Federal Administration in English

    The State Secretariat for Migration (SEM) is adapting its asylum and removal practices with regard to Afghanistan. Single men whose asylum application has been rejected may again be removed under certain circumstances. SEM considers return to Afghanistan to be reasonable in some cases.

    MIL OSI Europe News –

  • MIL-OSI Europe: UK, France and Switzerland announce new alliance to tackle bribery and corruption threat

    Source: Switzerland – Federal Administration in English

    On 20 March 2025, the UK’s Serious Fraud Office, France’s Parquet National Financier (PNF) and the Office of the Attorney General of Switzerland (OAG) affirmed their shared commitment to tackling international bribery and corruption. To strengthen their cooperation, the three partners signed a ‘Founding Statement’ that includes the establishment of a task force.

    MIL OSI Europe News –

  • MIL-OSI: XRP News: XploraDEX Becomes XRP’s First AI-Powered DEX! XRP Whales Are Accumulating—Join $XPL Presale Now!

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, March 20, 2025 (GLOBE NEWSWIRE) — The XRP ecosystem is experiencing a massive shift in decentralized trading, and the whales are taking notice! XploraDEX, the first-ever AI-powered decentralized exchange (DEX) on the XRP Ledger (XRPL), is here to change the game. By integrating cutting-edge AI technology into trading, liquidity optimization, and market analysis, XploraDEX is empowering XRP traders to maximize profits like never before!

    The $XPL Presale is now live, and XRP whales are securing their positions early—don’t miss your chance to join them!

    XploraDEX: The Smartest Way to Trade XRP!

    For too long, XRP traders have been limited by manual trading strategies, emotional decision-making, and missed opportunities. Now, with XploraDEX’s AI-powered trading system, users can tap into advanced automation, predictive analytics, and real-time market intelligence to stay ahead of the curve.

    GET YOUR $XPL TOKENS TODAY!

    What Makes XploraDEX Different?

    AI-Powered Trading Strategies – No more guesswork! AI scans XRP markets 24/7 to execute high-probability trades.

    Lightning-Fast Execution on XRPL – Trade XRP assets instantly with minimal fees and zero intermediaries.

    Predictive Market Analytics – AI-driven forecasting models help traders spot profitable opportunities before they happen.

    Arbitrage & High-Frequency Trading (HFT) – AI bots detect price inefficiencies and execute trades in real time for maximum gains.

    Liquidity Optimization – AI automatically manages liquidity pools to minimize slippage and increase trading efficiency.

    [BUY $XPL TOKENS ON PRESALE]

    Why XRP Whales Are Accumulating $XPL

    The $XPL token is the lifeblood of XploraDEX, powering its AI-driven trading engine and unlocking premium features for traders. Early adopters are accumulating $XPL now to gain first-mover advantages in AI trading!

    With XRP whales already securing their positions, the window to accumulate $XPL before prices surge is closing fast!

    Secure Your $XPL Tokens Now: https://sale.xploradex.io

    The AI Trading Revolution is Happening—Will You Be Left Behind?

    Institutional traders and hedge funds have been using AI to dominate traditional markets for years. Now, for the first time, XploraDEX is bringing that same advanced AI technology to XRP traders!

    This is a once-in-a-lifetime opportunity to be part of the AI revolution in DeFi. The traders who move first will have the biggest advantage, don’t wait!

    $XPL Token PreSale is your ticket to the future of XRP trading, secure your allocation before it’s too late!

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/51260947-1a3e-484e-a82c-48ff7a2dc303

    The MIL Network –

  • MIL-OSI Europe: Switzerland welcomes the international military sporting elite: Military World Winter Games 2025

    Source: Switzerland – Department of Defence, Civil Protection and Sport

    From 23 to 30 March Switzerland will be the global stage for the 5th Military World Winter Games under the aegis of the International Military Sports Council (CISM). Top-class Swiss and international military athletes will compete against each other in ten different disciplines. The competitions, which are being held under the motto ‘Military Champions for Peace’ hashtag #Lucerne2025, will take place at six venues, with Lucerne forming the organisational heart as host city.

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: UK, France and Switzerland announce new anti-corruption alliance

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK, France and Switzerland announce new anti-corruption alliance

    UK, France and Switzerland announce new alliance to tackle bribery and corruption threat 

    The UK’s Serious Fraud Office, France’s Parquet National Financier (PNF) and the Office of the Attorney General of Switzerland (OAG) today affirmed their shared commitment to tackling international bribery and corruption at an event in London.   

    The agencies also founded a new taskforce to strengthen collaboration.  

    All three countries have wide-reaching anti-bribery legislation with jurisdiction to prosecute criminal conduct that occurs overseas, if there is a link to the prosecuting country.   

    The taskforce will strengthen existing ties between these countries and lead to greater joint working on cases, as well as sharing of insight and expertise.   

    The statement can be seen here.

    Nick Ephgrave, Director of the Serious Fraud Office, said:

    The commitment we have made today reaffirms our individual and collective commitment to tackling the pernicious threat of international bribery and corruption, wherever it occurs. 

    We will make use of every power and partnership available to confront this criminality. This taskforce is an important step forward in our approach.

    Jean-François Bohnert, Head of the Parquet National Financier, said:

    I am delighted that ten years of operational cooperation between the PNF, SFO and OAG are developing today into the setting up of a prosecutorial taskforce.

    This taskforce will definitely strengthen our current cooperation in order to fight more efficiently against bribery and corruption in individual cases.

    Stefan Blättler, Attorney General of the Swiss Confederation, said:

    Within the framework of this cooperation, we will be able to help ensure that fraud and crime can be better combated in the future.

    This task force is of great importance for Switzerland.

    Solicitor General Lucy Rigby KC MP said:

    I welcome the SFO’s commitment to working even more closely with their French and Swiss partners, including setting up this new taskforce to tackle international bribery and corruption.

    Through strong international partnerships, we will be able to robustly tackle cross-border economic crime and protect our future prosperity.

    Press Office

    Email news@sfo.gov.uk

    Out of hours press office contact number +44 (0)7557 009842

    Updates to this page

    Published 20 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI: AI-Powered Quality Inspection in Manufacturing with Lenovo & Trifork

    Source: GlobeNewswire (MIL-OSI)

    Press release

    AI-Powered Quality Inspection in Manufacturing with Lenovo & Trifork

    Zurich, Switzerland, 20 March 2025 – Trifork’s AI-Powered Quality Inspection for Manufacturing, one component of our suite of Vision AI offerings, has successfully passed the Lenovo Validated Design (LVD) process.
    By combining Lenovo Edge systems, Nvidia technologies, and Trifork’s Vision AI capabilities, manufacturers gain access to a powerful quality assurance solution that not only automates real-time inspection but also detects defects and classifies objects based on shape, color, size, and other critical attributes.

    This validated solution significantly reduces manual inspection efforts and related costs while enhancing accuracy. It delivers high-value, timely, and detailed insights to manufacturing and quality teams, enabling them to monitor production quality in real-time and assess the impact of quality improvement initiatives.

    Key benefits include:

    • Instant visual capture of manufacturing production output and real-time assessment of product quality
    • Significant reduction in manual QA inspection efforts and costs
    • Minimized waste and rework, improving operational efficiency
    • Higher production effectiveness, leading to increased profitability and customer satisfaction
    • Continuous evaluation of QA investments and their impact

    “AI-powered quality inspection is transforming manufacturing by enabling real-time defect detection, reducing waste, and optimizing production efficiency. Our partnership with Trifork ensures that manufacturers can deploy a validated, scalable, and secure Edge AI solution that seamlessly integrates into their operations.”
    — Allen Holmes Jr., AI Innovation Leader, Lenovo

    “At Trifork, we believe in building intelligent, scalable solutions that drive real business impact. By integrating our Vision AI technology with Lenovo’s powerful Edge systems, we are enabling manufacturers to achieve next-level quality control with automated inspections and real-time insights—setting a new standard for efficiency and precision in the industry.”
    — Jørn Larsen, Founder & CEO, Trifork 

    Designed for manufacturing leaders, quality engineers, and industrial automation experts, this solution helps drive operational excellence with AI-driven precision.

    Learn more: https://lenovopress.lenovo.com/lp2178.pdf

    Investor and media contact

    Frederik Svanholm
    Group Investment Director, Head of IR & PR
    frsv@trifork.com, +41 79 357 7317

    About Trifork

    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • 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-OSI USA: Senators Coons, colleagues introduce bipartisan bill to strengthen medical supply chains

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons
    WASHINGTON – U.S. Senators Chris Coons (D-Del.), Thom Tillis (R-N.C.), John Cornyn (R-Texas), and Michael Bennet (D-Colo.) introduced the Medical Supply Chain Resiliency Act, bipartisan legislation to jump start trade negotiations to ensure that hospitals, doctors, and patients have access to critical medical goods. U.S. Representatives Brad Schneider (D-Ill.) and Nicole Malliotakis (R-N.Y.) introduced companion legislation in the House. 
    “Life-threatening shortages of testing kits, drugs, and masks during the COVID-19 pandemic showed us just how fragile our medical supply chains are. If we are caught off-guard like we were during COVID once again, more Americans will die,” said Senator Coons. “Working with our most trusted trading partners to make our supply chains more resilient will strengthen our response to future public health emergencies while ensuring that health care providers have access to essential medical products and patients have access to life-saving care.”
    “The Medical Supply Chain Resiliency Act is a critical step toward ensuring that America’s healthcare providers have reliable access to the essential supplies they need,” said Senator Tillis. “By strengthening trade partnerships with our allies and expanding domestic manufacturing, we can enhance our nation’s preparedness for future health challenges. I’m proud to support this bipartisan effort to reinforce our medical supply chains and protect public health.” 
    “America’s medical supply chains rely heavily on China, posing risks to U.S. national security and public health,” said Senator Bennet. “Our bipartisan bill will address this vulnerability by authorizing the president to deepen relationships with our trading partners.”
    “During the pandemic, the U.S. faced severe shortages of medical supplies due to overreliance on foreign adversaries like China,” said Senator Cornyn. “This legislation would allow the U.S. to engage in trade negotiations with trusted allies for medical goods and services, helping ensure we’re better prepared to respond to future global health crises.”
    “The Medical Supply Chain Resiliency Act is the type of positive approach to trade America must embrace to deepen its economic partnerships with key allies,” said Brad Wood, Senior Director for Trade and Innovation Policy, National Foreign Trade Council.“By empowering the United States Trade Representative to negotiate new agreements with trusted trade partners, the United States has the opportunity to strengthen supply chain security, support U.S. innovation and jobs, and, ultimately, improve health outcomes. It is critically important that the United States collaborate with its allies to support the public health demands of our populations and prepare to meet the challenges of the next global health emergency. NFTC applauds Senators Tillis, Coons, Cornyn, and Bennet for championing this legislation, and urges Congress to support its swift passage.”
    “Premier commends Senators Thom Tillis, Chris Coons, John Cornyn and Michael Bennet and Representatives Brad Schneider and Nicole Malliotakis for their bipartisan leadership in reinforcing the resilience of our nation’s healthcare supply chain,” said Soumi Saha, Senior Vice President of Government Affairs, Premier Inc. “Building a stronger, more sustainable, and secure supply chain demands a balanced approach – expanding domestic manufacturing while fostering strategic trade partnerships. The Medical Supply Chain Resiliency Act is a critical step toward this goal by enabling the designation of trusted trade partners to diversify sourcing for medical devices and pharmaceuticals. Ensuring providers have reliable access to the essential supplies needed to deliver quality patient care is a paramount priority for our nation.”
    “The Chamber strongly supports the Medical Supply Chain Resilience Act, which will strengthen supply chains for medical goods and services while bolstering manufacturing in the U.S. and among our close allies and partners,” said John Murphy, Senior Vice President for International Policy, U.S. Chamber of Commerce. “Enhancing the resilience of medical supply chains is important to both our public health and our national security. The bill would direct the U.S. Trade Representative to negotiate trade agreements with trusted allies to eliminate tariffs and other trade barriers that weaken the U.S. medical goods manufacturing base and that of our allies. These agreements would also support intellectual property protection, regulatory cooperation, and collaboration on public and private R&D efforts. Only close allies and partners would qualify for such agreements. Close consultation with the legislative branch would be essential, and Congress would retain a right to disapprove any agreements. This is practical legislation that, if enacted, will apply lessons learned in the COVID-19 pandemic to strengthen America’s health preparedness. The Chamber urges Congress to pass it into law.”
    “Authorizing the administration to negotiate meaningful trade agreements with trusted partners, including the European Union, Japan, Switzerland, and the United Kingdom, would reduce trade barriers and strengthen medical supply chains. The biopharmaceutical industry, whose exports exceeded $101 billion in 2023, welcomes the Medical Supply Chain Resiliency Act and encourages the administration to embrace this pathway to expand trade with allies,” said PhRMA. 
    The COVID-19 pandemic presented significant challenges for supply chains around the world, disproportionately hampering health care providers’ access to medical devices, treatments, and equipment at a time when these products were desperately needed. By expanding U.S. engagement with our allies across the globe, this legislation would combat shortages of medical products and supplies by strengthening supply chain resiliency and safeguarding against future health crises. 
    You can read the full text of the bill here.

    MIL OSI USA News –

  • 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 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

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    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: 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: Šiaulių Bankas has placed EUR 300 million bond issue in the international market

    Source: GlobeNewswire (MIL-OSI)

    THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER, INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF AKCINĖ BENDROVĖ ŠIAULIŲ BANKAS.

    Šiaulių Bankas AB has successfully placed EUR 300 million issue of 5.25-year senior preferred fixed rate reset notes with an optional call date and interest rate reset at 4.25 years from issue.

    The annual fixed rate coupon on the notes up to the reset date will be 4.597%. Settlement will take place on 25 March 2025. Listing of the notes will be on Euronext Dublin.

    The notes have been allocated to more than 100 institutional investors from the UK, Germany, France, Switzerland, Baltic States and other countries, including supranational financial organizations.

    “We appreciate the confidence international investors have shown contributing to our growth story and the partners who are helping us to achieve this ambition – this successful issuance will make a significant contribution to the Šiaulių Bankas’ strategic plans.

    We are pleased that international investors view the country’s economic prospects favourably and recognize our institutions as sound and investment,” says Tomas Varenbergas, Member of the Board and Head of the Investment Management Division of Šiaulių Bankas.

    The proceeds of the notes will be used to meet existing and future minimum own funds and eligible liabilities (MREL) targets, to improve the bank’s liquidity position, and to finance other general corporate purposes.

    The notes rated Baa1 with a stable outlook by the international rating agency Moody’s.

    Relevant stabilisation regulations including FCA/ICMA will apply.

    Šiaulių Bankas mandated global investment banks Erste Group, Goldman Sachs Bank Europe SE and Morgan Stanley as well as Šiaulių Bankas AB as Joint Lead Managers.

    Šiaulių Bankas as the issuer was advised on legal matters by Dentons UK and Middle East LLP and TGS Baltic as lead issuer’s legal counsel. The Joint Lead Managers were advised by Linklaters LLP and Sorainen on legal issues.

    This communication is not an offer of securities or investments for sale nor a solicitation of an offer to buy securities or investments in any jurisdiction where such offer or solicitation would be unlawful. No action has been taken that would permit an offering of securities or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.

    Additional information:

    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@sb.lt

    The MIL Network –

  • MIL-OSI Submissions: Global Bodies – 150th IPU Assembly to take place in Uzbekistan

    Source: Inter-Parliamentary Union (IPU)

    Geneva, Switzerland, 18 March 2025 – The Inter-Parliamentary Union (IPU) will hold its 150th Assembly in Tashkent, Uzbekistan, from 5 to 9 April 2025, hosted by the Parliament of Uzbekistan.

    The overall theme Parliamentary action for social development and justice will cover topics such as eradicating poverty, promoting decent work, fostering social inclusion, and increasing the participation of marginalized groups in decision-making.

    Key highlights will include the following:

    The IPU will celebrate its milestone 150th Assembly, which will include a keynote address from the President of Uzbekistan, Shavkat Mirziyoyev.

    The IPU Forum of Women Parliamentarians will also celebrate its 40th anniversary, a significant milestone against the backdrop of new challenges to women’s rights in some countries and the stagnation of the proportion of MPs who are women at 27.2%, according to the latest IPU report.
    All the IPU’s other bodies will convene, including its four thematic Standing Committees, the Forum of Young Parliamentarians, the Committee on the Human Rights of Parliamentarians, the Committee on Middle East Questions and the Task Force on the peaceful resolution of the war in Ukraine.

    The IPU is poised to move closer to universality with its membership expected to grow to 182 Member Parliaments as Belize joins.

    MPs are expected to adopt resolutions on advancing a two-State solution in Palestine, and mitigating the impact of conflicts on sustainable development.

    The Assembly will feature workshops on climate action, parliamentary diplomacy, and social norms impacting women’s health.

    During the Assembly, the IPU will also open nominations for the 2025 edition of the Cremer-Passy Prize, recognizing parliamentarian(s) with exceptional records in gender equality, the IPU’s theme of the year.

    Historical background

    The first IPU meeting took place in 1889 in Paris, France with MPs representing nine countries. Since then, the IPU Assembly has grown to become a global platform, the parliament of parliaments, with hundreds of MPs attending from around the world, along with staff, partner organizations and experts.

    Practical details

    Venue: Tashkent City Congress Centre in Tashkent, Uzbekistan.

    The IPU is the global organization of national parliaments. It was founded in 1889 as the first multilateral political organization in the world, encouraging cooperation and dialogue between all nations. Today, the IPU comprises 181 national Member Parliaments and 15 regional parliamentary bodies. It promotes peace, democracy and sustainable development. It helps parliaments become stronger, younger, greener, more innovative and gender-balanced. It also defends the human rights of parliamentarians through a dedicated committee made up of MPs from around the world.

    MIL OSI – Submitted News –

  • MIL-OSI China: China makes progress in advancing sustainable development, human rights protection: experts

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

    China makes progress in advancing sustainable development, human rights protection: experts

    People taste grapes at a grape fair in Turpan, northwest China’s Xinjiang Uygur Autonomous Region, Aug. 17, 2024. [Photo/Xinhua]

    GENEVA, March 18 — China has made significant progress in pursuing sustainable development and human rights protection in recent years, experts said at a side event during the 58th session of the UN Human Rights Council on Monday.

    The event, titled “The 2030 Agenda for Sustainable Development and Human Rights Protection,” was co-hosted by the China Society for Human Rights Studies and the China Foundation for Human Rights Development.

    Sun Meng, a professor at the Human Rights Institute of China University of Political Science and Law, emphasized China’s commitment to a path that integrates sustainable development with human rights protection.

    She added that China has always adhered to the development concept of innovation, coordination, greenness, openness and sharing, as well as the people-oriented development principle, and fully implemented the idea of human rights protection.

    Senior residents learn calligraphy at an elderly care center in Dongcheng District in Beijing, capital of China, Oct. 31, 2024. [Photo/Xinhua]

    Zhou Shaoqing, a researcher at the Chinese Academy of Social Sciences, stated that one of the reasons behind the rise of ideologies and movements that severely impact social cohesion and even political stability worldwide is the extreme disparity in wealth and the high inequality of economic and social rights.

    He emphasized that China addresses this issue through relevant policies and legislation to ensure economic and social equality, with a particular focus on promoting equal development for ethnic minority regions and remote regions. China’s systematic policy framework, development priorities, and the goal of “common prosperity” provide valuable references for addressing global governance inequality, he added.

    Tang Yingxia, deputy director of Nankai University’s Human Rights Center, stated that human rights, climate change, and sustainable development are closely interconnected, and this intrinsic link calls for active measures at the national level.

    Women attend an event celebrating the International Women’s Day with their children at a kindergarten in Nanjing, east China’s Jiangsu Province, on March 7, 2025. [Photo/Xinhua]

    She highlighted that China is addressing climate change by proposing and implementing its dual carbon goals to protect environmental rights. Furthermore, China has adopted relevant measures at various levels and achieved remarkable success in the development of a low-carbon economy.

    Da Lu, an associate professor from China’s Southwest University of Political Science and Law, noted that there are still many challenges ahead in achieving the United Nations Sustainable Development Goals. He called on the international community to adhere to the principles of consultation, joint construction and sharing, promote the building of a more just and reasonable international order, and inject more positive impetus into global development.

    This photo taken on Feb. 29, 2024 shows an exterior view of the United Nations (UN) Office in Geneva, Switzerland. [Photo/Xinhua]

    MIL OSI China News –