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Category: Trade

  • MIL-OSI Russia: IMF Executive Board Concludes 2025 Article IV Consultation with Spain

    Source: IMF – News in Russian

    June 6, 2025

    • The Spanish economy has been performing strongly, supported by services exports and labor force growth. Growth is expected to remain significantly above the euro area average in the near term, before slowing gradually as its recent drivers normalize and demographic aging intensifies. Most risks are to the downside, including from a further escalation of trade measures and domestic political fragmentation.
    • The authorities should seize the growth momentum to more swiftly rebuild fiscal space and reduce sovereign debt risks through a clearer consolidation strategy grounded in well-identified tax increase and spending reduction priorities. Additional measures should also be taken to address fiscal pressures from rising future pension expenditures, and to improve the pension system’s safeguard clause.
    • Raising productivity is key to boosting income per capita gains, which have been modest since the pandemic. This should be achieved through a new wave of reforms to facilitate firms’ scaling-up and strengthen innovation.

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Spain.[1] The authorities have consented to the publication of the Staff Report prepared for this consultation.[2]

    With a growth rate of 3.2 percent in 2024, Spain has been one of the fastest-growing economies in the euro area. Growth has been fueled by robust services exports and labor force growth, including due to immigration. Because high GDP growth has been accompanied by high employment growth, GDP per capita gains have been more modest. Despite recent progress, Spain still has one of the lowest employment rates in Europe, and a persistent gap in (hourly labor) productivity vis-à-vis the euro area and—even more so—the US.

    Growth is projected to reach 2.5 percent in 2025 before slowing to 1.8 percent in 2026 as export and working-age population gains normalize. Growth will be primarily supported by private domestic demand, including due to a decline in the household saving rate and a pickup in investment. Inflation is projected to decline further and return close to the ECB’s target by end-2025.

    Executive Board Assessment[3]

    The Spanish economy has continued to outperform the euro area but per-capita income gains have been more modest. Two major drivers of Spain’s strong growth have been, on the supply side, labor force growth, and on the demand side, services exports. Labor force growth has particularly benefitted from recent migration inflows, which have risen sharply above pre-pandemic levels. Services exports have been fueled by the strong post-COVID recovery in tourism, but also by improvements in the performance of Spanish exporters in non-tourism services. Amid strong exports and still subdued imports, the external position in 2024 is preliminarily assessed to be stronger than implied by medium-term fundamentals and desirable policies. Because high GDP growth has been accompanied by high employment growth, GDP per capita gains have been more modest. Still, Spain reduced its per-capita income gap vis-à-vis the highest-income euro area economies by over 3 percentage points during 2022-24, helped by an acceleration in productivity growth. Despite recent progress in reducing the unemployment rate, it remains the highest in the euro area at about 11 percent. Looking through recent volatility, disinflation has continued to proceed steadily.

    Growth is projected to remain robust in the near term and to slow gradually thereafter as its recent drivers normalize, with risks predominantly to the downside. Growth should remain strong at 2.5 percent in 2025 before declining to about 1.8 percent next year, close to its medium-term potential. On the demand side, tourism is expected to expand at a slower rate, while a weaker global environment—including elevated trade policy uncertainty and US tariffs—will also weigh on external demand. This drag is expected to be partly offset by robust domestic demand, including a pick-up in investment. On the supply side, a gradual slowdown in net migration and demographic aging will slowly weigh on labor force gains. Key downside risks include an escalation of trade measures, particularly those involving the EU, and domestic political fragmentation, which could hamper the response of fiscal policy in the event Spain’s deficit reduction fell short of its commitments or market concerns about sovereign risks were to emerge.

    The authorities should seize upon the strong growth momentum to more swiftly rebuild fiscal space and reduce sovereign debt risks, in the context of an enhanced medium-term fiscal plan. Staff projects that, in the absence of further consolidation measures besides social security contribution increases from the 2021-2023 pension reforms and the non-indexation of PIT brackets (about 1 percent of GDP overall over 2025-29), the deficit would stabilize above 2 percent of GDP by 2030, while the debt-to-GDP ratio would remain above 90 percent before rising again in the longer term as fiscal pressures from aging intensify. Weighing fiscal risks on the one hand, and the economy’s strong cyclical position on the other, staff recommends frontloading the authorities’ planned 3 percent of GDP adjustment over 2025-2029 rather than 2025-2031. This effort, which would require about 2 percentage points of GDP in new measures, should be underpinned by an enhanced medium-term fiscal plan that lays out well-identified tax increase and spending reduction priorities. Harmonizing VAT and enhancing environmental taxation would deliver the recommended effort while reducing economic distortions. Given the widening projected gap between pension expenditures and social security contributions over the coming decades, pension reforms should also be undertaken, prioritizing employment-friendly options. Should downside risks materialize, fiscal policy should remain flexible, letting automatic stabilizers play out. Temporary discretionary support should be considered only in the event of a severe shock and provided sovereign funding costs remain low.

    Systemic risks in the financial system remain low but ongoing efforts to further bolster its resilience should be maintained. Banks are well-capitalized, liquid, and profitable, though capital ratios are still somewhat below euro area peers. Household and corporate balance sheets are sound, supported by low debt and rising incomes. The rapid growth in house prices has eroded affordability and should be primarily addressed through measures that stimulate housing supply. While it does currently not raise financial stability risks, pre-emptive borrower-based measures should be considered if there were early signs of an easing in lending standards. Staff supports the ongoing phasing-in of the one-percent positive neutral CCyB and encourages continued implementation of other 2024 FSAP recommendations to further enhance resilience.

    Fostering income-per-capita convergence toward higher-income advanced economies requires further raising the employment rate and boosting productivity. Despite recent progress, Spain still has one of the lowest employment rates in Europe, and its (hourly labor) productivity gap vis-à-vis the euro area—which has itself been falling behind the US—remains about as wide as it was 25 years ago. Enhancing activation policies and financial incentives for jobseekers is key to durably reducing unemployment to single digits. The planned reduction of the working week in the private sector should be carefully designed to mitigate adverse effects on output and workers’ incomes, with a major role for collective bargaining including in setting the level and remuneration of overtime. Closing the productivity gap will require reforms that facilitate firms’ scaling-up and innovation. These include completing both the Spanish and EU single markets for goods and services, streamlining firm size-related tax and regulatory thresholds, boosting venture capital through progress toward the CMU complemented by domestic incentives, and promoting excellence in higher education—including through greater autonomy and performance-based funding of universities.

    Spain: Selected Economic Indicators

    (Annual percentage change, unless noted otherwise)

    Projections 1/

    2022

    2023

    2024

    2025

    2026

    2027

    Demand and supply in constant prices

    Gross domestic product

    6.2

    2.7

    3.2

    2.5

    1.8

    1.7

    Private consumption

    4.8

    1.8

    2.9

    2.1

    2.0

    1.9

    Public consumption

    0.6

    5.2

    4.1

    3.5

    1.7

    1.9

    Gross fixed investment

    3.3

    2.1

    3.0

    5.0

    2.1

    1.2

    Total domestic demand

    3.9

    1.7

    2.9

    2.9

    2.0

    1.8

    Net exports (contribution to growth)

    2.5

    1.2

    0.4

    -0.2

    -0.1

    0.0

    Exports of goods and services

    15.0

    3.3

    3.4

    2.2

    2.5

    3.1

    Imports of goods and services

    7.8

    0.4

    2.6

    3.0

    3.2

    3.4

    Potential output 

    2.1

    2.7

    2.6

    2.6

    2.3

    2.1

    Output gap (percent of potential)

    1.1

    1.1

    1.6

    1.6

    1.1

    0.7

    Prices

    GDP deflator

    4.7

    6.2

    3.0

    2.4

    2.4

    2.4

    Headline Inflation (average)

    8.3

    3.4

    2.9

    2.2

    2.0

    2.1

    Headline Inflation (end of period)

    5.5

    3.3

    2.8

    1.9

    1.9

    2.1

    Core inflation (average)

    5.2

    5.8

    3.0

    1.9

    2.0

    2.0

    Core inflation (end of period)

    6.7

    4.0

    2.6

    1.8

    2.0

    2.0

    Employment and wages

    Unemployment rate (percent of total labor force)

    13.0

    12.2

    11.3

    11.1

    11.0

    11.0

    Labor costs, private sector

    2.6

    5.6

    4.7

    3.5

    3.4

    3.4

    Employment

    3.6

    3.1

    2.2

    1.3

    0.9

    0.7

    Balance of payments (percent of GDP)

    Current account balance

    0.4

    2.7

    3.0

    2.5

    2.4

    2.2

    Net international investment position

    -57.7

    -51.3

    -44.0

    -38.5

    -33.5

    -29.7

    Public finance (percent of GDP)

    General government balance

    -4.6

    -3.5

    -3.2

    -2.8

    -2.4

    -2.3

    Primary balance

    -2.5

    -1.7

    -1.3

    -0.6

    0.1

    0.1

    Structural balance

    -5.3

    -4.1

    -3.1

    -3.2

    -2.8

    -2.7

    General government debt

    109.4

    105.0

    101.8

    100.7

    99.1

    97.7
           

    Sources: IMF, World Economic Outlook; data provided by the authorities; and IMF staff estimates.

    1/ The projections incorporate spending financed by the EU Recovery and Resilience Facility (including the grant and the loan component) amounting to about 0.7, 1.7, 1.3 and 0.3 percent of GDP from 2024 to 2027.
                           

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

    [2] Under the IMF’s Articles of Agreement, publication of documents that pertain to member countries is voluntary and requires the member consent. The staff report will be shortly published on the www.imf.org/en/Countries/ESP page.

    [3] At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Camila Perez

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/06/05/pr25183-spain-imf-executive-board-concludes-2025-article-iv-consultation-with-spain

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Economics: Joint Media Statement of the 34th Meeting of the ASEAN Directors-General of Customs

    Source: ASEAN – Association of SouthEast Asian Nations

    The 34th Meeting of the ASEAN Directors-General of Customs (DGs) was held on 3 – 5 June 2025 in Bandar Seri Begawan, Brunei Darussalam. The Meeting was chaired by Mr. Azizil Hakim Brahim, Acting Controller of Customs, Royal Customs and Excise Department, Brunei Darussalam and attended by 10 ASEAN Member States (AMS) and the ASEAN Secretariat.

     

    We express concern over the recent introduction of unilateral tariffs by the U.S. This has caused uncertainty and will bring significant challenges to businesses, especially micro, small, and medium enterprises (MSMEs), as well as to global trade dynamics. The unprecedented imposition of tariffs by the U.S. will disrupt regional and global trade and investment flows, as well as supply chains, affecting businesses worldwide and hindering economic progress in ASEAN. We reaffirm our support for a predictable, transparent, free, fair, inclusive, sustainable, and rules-based multilateral trading system with the World Trade Organization (WTO) at its core, and we acknowledge the critical role that the WTO has played in fostering global economic growth. ASEAN will remain steadfast in deepening our regional economic integration, leveraging on opportunities amidst global challenges. We will continue to work together more closely, with greater unity and solidarity and remain committed to ASEAN’s rule-based trade. This collective effort will enable ASEAN to cope with and overcome the global trade crisis, minimise the impact on our people, and continue to grow sustainably.

     
    Download the full statement here
    The post Joint Media Statement of the 34th Meeting of the ASEAN Directors-General of Customs appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Appliance servicing company which used high pressure sales tactics on elderly and vulnerable is shut down

    Source: United Kingdom – Executive Government & Departments

    Press release

    Appliance servicing company which used high pressure sales tactics on elderly and vulnerable is shut down

    Service Plan UK Ltd pressured elderly people – some of whom had Alzheimer’s and dementia – into service agreements to protect household appliances.

    • UK Service Plan Ltd sold monthly and annual plans which they said would provide service cover for household appliances.  

    • The company had a pattern of behaviour which involved targeting the elderly and vulnerable and creating direct debits without permission.  

    • The company was subject to a successful winding up order at the High Court in London on 19 May 2025, and its director was disqualified for eight years. 

    A company which used high pressure sales tactics to sell service plans for household appliances has been shut down after an Insolvency Service investigation found it targeted the elderly and vulnerable.  

    UK Service Plan Ltd, registered at Princess Street in Manchester and formerly Trafalgar Place, Brighton, offered protection plans for white goods to cover the cost of callouts, replacement parts and labour. 

    The company charged around £29 a month for a service plan, and some people were persuaded to take on lengthy agreements of up to three and five years. 

    Additionally, the company pressured people – some via cold calls – into buying plans by offering a discount which they falsely claimed was only applicable if they pay on the day. 

    The Insolvency Service looked at 14 complaints which had been received from UK Service Plan Ltd customers, all of whom were over the age of 71.  

    Seven of the complainants were described as being vulnerable, with variable memory recall and conditions including Alzheimer’s or dementia.  

    Three were cold called despite being registered with the Telephone Preference Service. 

    Six had direct debits set up apparently without their permission and three were told they were existing customers when they were not.  

    Insolvency Service Chief Investigator Mark George said:  

    UK Service Plan Ltd targeted and pressured some of the most vulnerable people in our society.  

    They were persuaded into buying a service agreement, which it appears many did not want or need.    

    Being able to shut this company down is a vital step toward protecting the public from becoming victims of their bad business practices.

    The company was not represented at the hearing and did not defend the petition, with the company’s director – 41-year-old Mohamed Anoir Dhimi, of Manchester – giving an undertaking to the court not to be involved in the promotion, formation or management of any company whose business is in the same or a similar field for a period of eight years. 

    Dhimi did not fully co-operate with the investigation and provided limited information to the Insolvency Service. 

    As evidence of poor trading practice, between August 2021 and July 2022, it was found the company had paid more than £200,000 in refunds to 740 people.  

    In 2022, the company claimed to have a turnover of more than two million pounds. 

    But the recorded cash in the filed accounts did not match the balance in the known bank account at the relevant date. 

    In addition, the company failed to maintain accurate records and accounts the company filed at Companies House contained potentially false information. 

    UK Service Plan Ltd, incorporated in 2021, was last registered at an address on Princess Street in Manchester. It claimed to have 10 employees, but no actual trading address has been found.  

    The company had previously been registered in London and Brighton. 

    The Official Receiver has been appointed as liquidator of UK Service Plan Ltd.   

    The Insolvency Service worked in collaboration with Trading Standards on the investigation. 

    All enquiries concerning the affairs of the company should be made to the Official Receiver of Public Interest Unit: PO Box 16664, Birmingham, B2 2JQ. piu.or@insolvency.gov.uk. 

    Further information 

    • UK Service Plan Ltd (Companies House number: 13225650) 

    • Mohamed Anoir Dhimi: Date of Birth, October 1983. Address: Princess Street, Manchester. 

    • The Insolvency Service can investigate complaints about corporate abuse by live companies. This may include serious misconduct, fraud, scams or dishonest practice in the way the company operates. Further information on our live investigations can be found here    

    • Further information about the work of the Insolvency Service, and how to complain about financial misconduct.

    Updates to this page

    Published 6 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Canada: Prime Minister Carney speaks with Prime Minister of India Narendra Modi

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, spoke with the Prime Minister of India, Narendra Modi. 

    The two leaders discussed the longstanding relationship between Canada and India, including deep people-to-people ties and significant commercial links. Importantly, there was agreement to continued law enforcement dialogue and discussions addressing security concerns.

    Prime Minister Carney extended an invitation to Prime Minister Modi to attend Canada’s 2025 G7 Leaders’ Summit in Kananaskis, Alberta.

    Prime Minister Carney and Prime Minister Modi agreed to remain in contact and looked forward to meeting at the G7 Leaders’ Summit later this month.

    Associated Link

    MIL OSI Canada News –

  • MIL-OSI United Kingdom: Scotland Office partnership with Scottish Chambers of Commerce

    Source: United Kingdom – Executive Government & Departments

    Press release

    Scotland Office partnership with Scottish Chambers of Commerce

    Scottish Secretary Ian Murray, joined by his sleeping baby daughter, and Scottish Chambers of Commerce Chief Executive Liz Cameron sign the deal in Edinburgh

    Scottish Secretary Ian Murray, joined by his sleeping baby daughter, at today’s partnership agreement signing with Scottish Chambers of Commerce Chief Executive Liz Cameron in Queen Elizabeth House, Edinburgh.

    A partnership agreement to launch a Brand Scotland overseas trade missions initiative was signed today (Friday) by the Scotland Office and Scottish Chambers of Commerce (SCC).

    This collaboration will be supported by a UK Government grant of up to £100,000 for 2025/26 aimed at promoting Scottish trade and attracting foreign direct investment into Scotland.

    As part of the UK Government’s Plan for Change, Brand Scotland is boosting economic growth by promoting Scottish products and services while attracting international inward investment.

    The initiative will include a series of trade missions focused on showcasing Scottish businesses globally.

    Ian Murray and Liz Cameron signed the agreement at the UK Government’s Queen Elizabeth HQ in Edinburgh.

    Scottish Secretary Ian Murray said:

    This agreement will help give Scotland a global platform to sell everything our brilliant country has to offer – from whisky and seafood to our world class services.

    The trio of trade deals secured by the Prime Minister in recent weeks is a huge opportunity for Scotland’s economy – with the most populous country in the world, the richest country in the world and our most important market. This partnership with the Scottish Chambers of Commerce will create valuable opportunities for Scottish firms and help kickstart economic growth as part of our Plan for Change.

    I have already been to Norway, Singapore, Malaysia, and the United States to bang the drum for Scotland and with this partnership we will take businesses to even more markets. The Scotland Office will be Scotland’s window to the world.

    Scottish Chambers of Commerce Chief Executive and Director Dr Liz Cameron CBE said:

    Delivering impactful trade missions that will sell Brand Scotland and our innovative and dynamic businesses will strengthen our global presence. This partnership with the Scotland Office is vital for economic growth and will help more businesses trade internationally and encourage more inward investment.

    The world wants our quality products and services and this significant investment in Brand Scotland will create even more opportunities to sell our nation internationally. Our businesses continue to successfully engage with SCC overseas missions and now by combining forces between SCC and the Scotland Office, we can drive our economy further by providing valuable platforms and alliances for more exporters to sell their fantastic products and services to new global markets.

    Scotland is open for business and we welcome Brand Scotland’s support to allow us to trade with confidence on a world stage.

    Leading entrepreneurs from a variety of sectors have also welcomed the agreement.

    Founder & CEO of Greenock-based PG Paper Dr Poonam Gupta OBE said: 

    At PG Paper, international trade is the backbone of our business. We have built a multi-million pound business by connecting with over 60 countries. This partnership between the Scottish Chambers of Commerce and the Scotland Office sends a clear message: Scotland is ambitious, outward-looking, and ready to lead. The Scotland Office initiative will help businesses like ours expand our international reach, forge high-value connections, and drive economic impact both at home and abroad. This is exactly the kind of bold, collaborative action Scotland needs to accelerate exports and inspire the next generation of entrepreneurs.

    CEO of Aberdeen-based PCL Group Dr Jeanette Forbes OBE said: 

    As a global IT and energy tech company operating in over 27 countries, we know first-hand how critical international trade is to business growth and innovation. Trade missions are strategic enablers that unlock new markets, foster long-term relationships, and elevate Scotland’s global standing. The collaboration between Scottish Chambers of Commerce and the Scotland Office is exactly the type of public-private partnership needed to amplify Scotland’s voice on the world stage and grow our economies.

    Details of trade missions will be confirmed in due course.

    Updates to this page

    Published 6 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Europe: VATICAN – Foreign debt, a burden that oppresses the poorest Countries

    Source: Agenzia Fides – MIL OSI

    Vatican City (Agenzia Fides) – There are 48 States that spend more on interest payments than on education or healthcare. This is according to the report “A World of Debt” by the UN Trade and Development (UNCTAD). Debt service, i.e., the payment of interest on loans received, thus has a major impact on the lives of the poorest countries, as the funds allocated to education, healthcare, and subsidies for the purchase of basic goods and fuel are cut. The protests that took place in Nigeria and Kenya in 2024, primarily among young people, are closely linked to this debt mechanism. In order to pay the interest and reduce their countries’ overall debt, the Kenyan and Nigerian governments had presented financial laws that provided for tax increases and subsidy cuts. During his audience with participants in the conference “Debt Crisis in the Global South” organized by the Pontifical Academy of Sciences on June 5, 2024, Pope Francis said: “In the wake of mismanaged globalization, and in wake of the pandemic and wars, we find ourselves faced with a debt crisis that mainly affects the countries of the global South, causing misery and distress, and depriving millions of people of the possibility of a dignified future.” The Pope expressed hope that the Holy Year 2025 will pave the way for “a bold and creative new international financial architecture.” The UNCTAD report agrees with Pope Francis when he states: “The global financial architecture is no longer able to meet the needs of the world in the 21st century. This is a major challenge for sustainable development.” Therefore, creativity and courage are needed to overcome a financial structure that further widens the gap between rich and poor. According to the UNCTAD report, “Developing countries struggle with an international financial architecture whose deeply entrenched asymmetries exacerbate the impact of successive crises on sustainable development. This system exacerbates their debt burden by limiting their access to finance for sustainable development and forcing them to borrow from more costly external sources.” Recent events have exacerbated this challenge. Rising global interest rates since 2022 have further strained developing countries’ public finances. High interest payments outpace growth in basic public spending such as health, education, and climate change mitigation. In developing countries, home to 3.3 billion people, one in three countries spends more on interest payments than on these key areas of human development. “Debt service for public external debt totaled USD 365 billion in 2022, corresponding to 6.3% of export earnings. By comparison, the 1953 London Agreement on German war debt limited the share of export earnings that could be spent on servicing external debt (public and private) to 5% to avoid undermining the recovery,” states the UNCTAD report, highlighting the different treatment of poorer countries today. It notes, in particular, that 61% of developing countries’ debt is held by private creditors who are subject to little political constraint when demanding interest payments. For this reason, the call Pope Francis made on December 16, 2024, during a meeting with representatives of the banking sector, resonates strongly: “The imminent Jubilee reminds us of the need to forgive debts. It is the condition for fostering hope and future in the life of many people, especially the poor. I encourage you to sow hope. Do not tire of accompanying and keeping the level of social justice high.” (L.M.) (Agenzia Fides, 6/6/2025)
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    MIL OSI Europe News –

  • MIL-OSI: iPower Launches New Joint Venture, United Package NV LLC

    Source: GlobeNewswire (MIL-OSI)

    RANCHO CUCAMONGA, Calif., June 06, 2025 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven ecommerce services provider and online retailer, today announced the formation of United Package NV LLC (“United Package”), a new joint venture (“JV”) that marks the first full-scale implementation of its “Made in USA” module within the Company’s proprietary SuperSuite Supply Chain Platform.

    This milestone represents iPower’s commitment to building a resilient, localized manufacturing infrastructure in the United States. United Package will focus on the domestic production of packaging materials to serve the rapidly growing demands of U.S. businesses seeking reliable, sustainable, and cost-effective supply chain solutions without reliance on offshore manufacturing.

    “The launch of United Package is a significant step toward reshoring critical manufacturing capabilities and building a more robust, diversified supply chain infrastructure,” said Lawrence Tan, CEO of iPower. “This JV reinforces our long-term strategy to empower brands with faster lead times, lower logistics risk, and higher operational agility, right here in the U.S. We look forward to continue building out our ‘Made in USA’ module as we add further depth to our domestic production footprint, strengthen supplier partnerships, and expand our value-added service offerings to meet the evolving needs of our partners and customers.”

    By integrating United Package into the SuperSuite ecosystem, iPower aims to provide customers with:

    • Faster turnaround times from production to delivery
    • Reduced exposure to global shipping volatility
    • Enhanced sustainability with lower carbon footprints
    • Transparent vendor collaboration via the SuperSuite digital dashboard
    • Improved inventory responsiveness and demand forecasting

    The “Made in USA” module of SuperSuite is designed to provide end-to-end support to manufacturing initiatives across the country — offering legal and regulatory guidance, facility planning, local workforce development, and immediate access to iPower’s nationwide distribution and e-commerce infrastructure.

    United Package is only the beginning. iPower plans to expand its “Made in USA” initiative by forming additional strategic ventures and supporting a new wave of domestic manufacturers across various categories.

    About iPower Inc. 

    iPower Inc. is a tech and data-driven online retailer, as well as a provider of value-added ecommerce services for third-party products and brands. iPower’s capabilities include a full spectrum of online channels, robust fulfillment capacity, a nationwide network of warehouses, competitive last mile delivery partners and a differentiated business intelligence platform. iPower believes that these capabilities will enable it to efficiently move a diverse catalog of SKUs from its supply chain partners to end consumers every day, providing the best value to customers in the U.S. and other countries. For more information, please visit iPower’s website at www.meetipower.com.

    Forward-Looking Statements

    All statements other than statements of historical fact in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that iPower believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. iPower undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although iPower believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and iPower cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results and performance in iPower’s Annual Report on Form 10-K, as filed with the SEC on September 20, 2024, its Quarterly Reports on Form 10-Q, as filed with the SEC on November 14, 2024, February 14, 2025 and May 15, 2025, and in its other SEC filings.

    Media Contact

    Media Team
    Ipw.media@meetipower.com

    Investor Relations Contact

    Sean Mansouri, CFA or Aaron D’Souza
    Elevate IR
    (720) 330-2829
    IPW@elevate-ir.com

    The MIL Network –

  • MIL-OSI: Cyabra Report Reveals Disinformation Campaign Against Target’s DEI Initiatives, Featured in USA Today

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, June 06, 2025 (GLOBE NEWSWIRE) —  Cyabra Strategy Ltd. (“Cyabra”), a leading AI platform for real-time disinformation detection, has released a groundbreaking new report exposing a sophisticated campaign to artificially inflate online backlash against Target’s diversity, equity, and inclusion (DEI) efforts.

    The investigation analyzed thousands of social media conversations between January to June, 2025, and uncovered how bot networks manufactured outrage to spark a boycott movement. The report reveals how misinformation targeting Target’s DEI programs was deliberately amplified by bad actors to manipulate public perception and damage brand reputation.

    Cyabra’s report was prominently featured in USA Today’s June 4 article, “What fueled the Target DEI boycott? The answer may surprise you.” The coverage highlights Cyabra’s key findings, including that 27% of the social media accounts analyzed were fake and played a significant role in amplifying the viral backlash. The report also revealed a 764% surge in inauthentic sentiment following Target’s announcement that it was scaling back its diversity initiatives.

    While not solely responsible, the presence of fake accounts amplifying negativity from both sides – whether promoting or opposing the boycott – helped shape a toxic narrative that ultimately eroded overall brand perception, coinciding with a $12 billion drop in Target’s market value by late February 2025. The full report can be viewed here.

    The report underscores Cyabra’s ability to detect weaponized disinformation targeting brands. In today’s volatile digital environment, brands face growing risks from coordinated campaigns designed to manufacture outrage, damage trust and brand reputation, and trigger real-world consequences like boycotts and stock volatility. These attacks often appear organic but are driven by fake profiles and bot networks. Cyabra’s real-time intelligence platform helps executives distinguish authentic sentiment from manipulation, enabling faster, smarter decisions that protect brand reputation, guide crisis response, and maintain stakeholder confidence.

    “The Cyabra report uncovered a strategic operation designed to look like a viral movement,” said Dan Brahmy, CEO & Co-founder of Cyabra. “Disinformation, namely fake accounts and false narratives, are being weaponized against brands. We are proud that our disinformation detection tools are able to shine a light on how bad actors manipulate online sentiment to attack corporate values.”

    Cyabra has entered into a business combination agreement with Trailblazer Merger Corporation I (NASDAQ: $TBMC), a blank-check special-purpose acquisition company.

    About Cyabra
    Cyabra is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI solutions protect corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.

    For more information, visit www.cyabra.com.

    Media Contact:
    Jill Burkes
    Jill@cyabra.com
    Signal Contact: Jillabra.24

    Investor Relations Contact:
    Miri Segal
    MS-IR
    msegal@ms-ir.com

    About Trailblazer
    Trailblazer is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com

    Forward-Looking Statements
    This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products and services that are the subject of a proposed transaction (the “Business Combination”) between Trailblazer and Cyabra. All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products and services, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans; the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of the combined company’s common stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.

    Important Information for Investors and Stockholders
    In connection with the Business Combination, Trailblazer Holdings, Inc., a subsidiary of Trailblazer (“Holdings”) has filed a registration statement on Form S-4 (the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement/prospectus, and certain other related documents, which will be both the proxy statement to be distributed to holders of shares of Trailblazer’s common stock in connection with its solicitation of proxies for the vote by its stockholders with respect to the Business Combination and other matters as may be described in the Registration Statement, as well as the prospectus of Holdings relating to the offer and sale of its securities to be issued in the Business Combination. . After the Registration Statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders so that they may vote on the Business Combination.

    INVESTORS AND STOCKHOLDERS OF TRAILBLAZER ARE URGED TO READ CAREFULLY THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION AND THE PARTIES INVOLVED.

    Trailblazer stockholders are currently able to obtain copies of the preliminary proxy

    statement/prospectus and other documents filed with the SEC that are incorporated by reference therein, and will be able to obtain the definitive proxy statement/prospectus and other documents filed with the SEC that will be incorporated by reference therein, once available, in all cases without charge, at the SEC’s web site at www.sec.gov, or by directing a request to: Trailblazer at 510 Madison Avenue, Suite 1401, New York, NY 10022, Telephone: 646-747-9618.

    Participants in the Solicitation
    Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the proposed Business Combination. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in the proxy statement/prospectus pertaining to the proposed Business Combination.

    No Offer or Solicitation
    This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable laws.

    The MIL Network –

  • MIL-OSI Russia: Afghanistan signs memorandums of understanding to support returning refugees and displaced families

    Translation. Region: Russian Federal

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

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

    KABUL, June 6 (Xinhua) — Afghanistan’s Ministry of Refugees and Repatriation has signed four memorandums of understanding with leading humanitarian organizations to provide assistance to returning refugees and internally displaced families, a statement to this effect was released on Thursday.

    According to the memorandums, the aid, which totals approximately US$1.1 million, will support 18,360 returnees and displaced persons, as well as 3,665 local families, the statement said.

    In May, the country’s Ministry of Trade and Industry signed five memorandums of understanding worth US$2.5 million with five humanitarian organizations to improve living conditions in eight provinces.

    The Afghan interim government continues to call on local and international organisations to invest in the country to help address current economic challenges and create jobs. –0–

    MIL OSI Russia News –

  • MIL-OSI: Pocket-Sized Gold Mine: Bitcoin Solaris Nova App Lets Anyone Build Crypto Wealth From Their Phone

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 06, 2025 (GLOBE NEWSWIRE) — In the early days of crypto, mining was reserved for the technically elite. Specialized rigs, high electricity bills, and complex setups created a wall between everyday people and the wealth being generated behind blockchain technology. Fast forward to 2025, and Bitcoin Solaris is tearing down that wall, placing the power of crypto mining directly into the palm of your hand.

    This isn’t just another blockchain project promising change. Bitcoin Solaris (BTC-S) is delivering it through innovation, accessibility, and mobile-first scalability. BTC-S is powered by a dual-layered, dual-consensus system—combining Proof-of-Work (PoW) with Delegated Proof-of-Stake (DPoS) to ensure both security and efficiency. This architecture allows BTC-S to achieve lightning-fast 10,000+ transactions per second while keeping its network highly decentralized and secure.

    But the real revolution is in how it’s mined—and who can mine it.

    Your Phone Is Now a Mining Rig

    At the core of this disruption is the upcoming Solaris Nova App—an intuitive, cross-platform mining tool that lets anyone start earning from their smartphone, desktop, or even a browser. Mining has never been this simple:

    • Cross-device compatibility: Supports ASICs, GPUs, laptops, and smartphones.
    • One-click setup: No coding, no wallet configuration—just tap and go.
    • Real-time wallet rewards: Earnings are visible immediately.
    • Adaptive algorithms: Optimizes based on device specs for peak performance.
    • Energy efficiency: Consumes 99.95% less energy than traditional mining.

    Even more impressive? Bitcoin Solaris has baked in end-to-end encryption, biometric logins, remote wipe capabilities, and gamified features like achievements and leaderboards, making it secure, fun, and inclusive.

    Build Wealth, Stake, and Grow with Liquid Staking

    Bitcoin Solaris doesn’t stop at mining. It also enables liquid staking, allowing users to earn passive income without locking up their assets. When users stake BTC-S, it’s instantly converted into sBTC-S at a 1:1 ratio.

    That means you can:

    • Trade your staked tokens freely.
    • Use them in DeFi protocols like lending or liquidity pools.
    • Participate in governance without losing yield.

    Best of all, liquid staking is fully integrated into the Solaris Nova App. Validator selection is automated, the UI is beginner-friendly, and the security framework ensures peace of mind.

    BTC-S’s model improves both decentralization and capital efficiency, letting your assets work for you from day one.

    Mining Has Evolved—BTC-S Puts It in Your Pocket

    Why Everyone’s Talking About It

    With mobile mining and staking at the center of its offering, it’s no surprise that over 11,000 users have joined the presale so far. And with just around 8 weeks left in the sale, interest is only accelerating.

    • Current Price: $6
    • Next Phase: $7
    • Launch Price: $20
    • Bonus: 10%

    It’s not just retail investors taking notice. Crypto Royal recently published a detailed review of Bitcoin Solaris, praising the project’s smart tech and accessibility. As more influencers weigh in, the momentum continues to build.

    Security Backed by Real Audits and Transparency

    What sets Bitcoin Solaris apart from many crypto projects is its commitment to trust and transparency. It’s passed not one, but two major audits—by Cyberscope and Freshcoins. Plus, the team has completed full KYC verification, further proving it’s here to stay.

    And as excitement continues to spread, you can track updates, join discussions, and be part of the movement on the project’s Telegram and X channels.

    Conclusion: Crypto Wealth Isn’t Reserved for the Elite Anymore

    Bitcoin Solaris is more than a token—it’s a technology shift. It brings together power, speed, and inclusivity in a way the industry has never seen before. Through the exciting release of the Solaris Nova App, anyone—from students to working professionals—can mine, stake, and grow their wealth without needing expensive rigs or deep technical knowledge.

    If you ever felt like you were late to Bitcoin, this is your second chance—but built for the mobile era. And this time, all it takes is the phone in your pocket.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
     Telegram: https://t.me/Bitcoinsolaris
     X: https://x.com/BitcoinSolaris

    Media Contact
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This is a paid post and is provided by Bitcoin Solaris. 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.Globenewswire does not endorse any content on this page.

    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.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d739c1d8-bf44-4613-98db-a0a9a1b7d406

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9558b08c-1899-46df-abd3-645b8bab93fc

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2d48ac37-9804-4c91-bf62-80c7cbb8b91c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4ed5abb4-6665-4ab6-bac1-21434862c0ec

    The MIL Network –

  • MIL-OSI Asia-Pac: Mable Chan ends Chongqing visit

    Source: Hong Kong Information Services

    Secretary for Transport & Logistics Mable Chan today led a Hong Kong Logistics Development Council delegation to meet officials of the Chongqing Municipal People’s Government and inspect the high-speed rail freight services in Chongqing.

    At the meeting with Vice Mayor of Chongqing Municipal People’s Government Zheng Xiangdong and other officials, the delegation reported Hong Kong’s latest logistics developments in Hong Kong.

    They also discussed further deepening co-operation in intermodal cargo transshipment and building the Chongqing-Hong Kong logistics corridor under the Hong Kong-Chongqing Co-operation Conference Mechanism, with a view to leveraging the strengths of the two hubs to serve the country’s needs.

    The delegation also inspected the operations of high-speed rail freight services to gain insights into how Chongqing leverages its railway transport system, complemented by intermodal cargo transshipment modes such as air and sea transport, to enhance the overall rail freight service capacity.

    They also met representatives of local logistics and transportation enterprises to further explore collaboration opportunities between the two places.

    Ms Chan said Hong Kong’s status as an international aviation hub and maritime centre, coupled with its professional strengths, means it can better serve Chongqing, a key manufacturing base of the country, by providing an efficient export channel for local goods.

    Yesterday, Ms Chan and the delegation attended the Hong Kong-Chongqing logistics sector co-operation seminar, where she highlighted Hong Kong’s advantages in logistics and transport to the local logistics sector.

    The seminar was organised by the Hong Kong Logistics Development Council and the Hong Kong Trade Development Council.  

    Yesterday afternoon, the delegation met representatives of local shipping enterprises to discuss enhancing the maritime ties between Hong Kong and Chongqing.

    They also toured the Chongqing International Logistics Hub Park to learn about its operation, and met Deputy Director of the Hong Kong & Macao Affairs Office of the Chongqing Municipal People’s Government Zhang Yaqian, to exchange views on ways to facilitate exchanges and collaborations in logistics and transport.

    Ms Chan concluded her visit this afternoon and will return to Hong Kong in the evening.

    MIL OSI Asia Pacific News –

  • MIL-OSI: OTC Markets Group Welcomes Neo Performance Materials Inc to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Neo Performance Materials Inc (TSX: NEO; OTCQX: NOPMF), a manufacturer of the building blocks of many modern technologies that enhance efficiency and sustainability, has qualified to trade on the OTCQX® Best Market. Neo Performance Materials Inc upgraded to OTCQX from the Pink® market.

    Neo Performance Materials Inc begins trading today on OTCQX under the symbol “NOPMF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    Neo’s CEO, Rahim Suleman, said: “We are pleased to begin trading on OTCQX, which enhances Neo’s visibility and accessibility for U.S. investors. As a global leader in advanced rare earth materials, with a strong balance sheet and a growing magnetics business in Europe, we are well-positioned to support the accelerating demand for critical materials in electrification and other modern technologies. Trading on OTCQX provides an additional platform to broaden our shareholder base as we continue to execute on our strategic priorities and drive long-term value.”

    About Neo Performance Materials Inc
    Neo manufactures the building blocks of many modern technologies that enhance efficiency and sustainability. Neo’s advanced industrial materials – magnetic powders, rare earth magnets, magnetic assemblies, specialty chemicals, metals, and alloys – are critical to the performance of many everyday products and emerging technologies. Neo’s products fast-forward technologies for the net-zero transition. The business of Neo is organized along three segments: Magnequench, Chemicals & Oxides and Rare Metals. Neo is headquartered in Toronto, Ontario, Canada; with corporate offices in Greenwood Village, Colorado, United States; Singapore; and Beijing, China. Neo has a global platform that includes manufacturing facilities located in China, Germany, Canada, Estonia, Thailand and the United Kingdom, as well as one dedicated research and development centre in Singapore.

    About OTC Markets Group Inc.

    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network –

  • MIL-OSI USA: CPSC Provides Important Safety Tips This Pool Season as Americans Dive into Summer

    Source: US Consumer Product Safety Commission

    CPSC Provides Important Safety Tips This Pool Season as Americans Dive into Summer | CPSC.gov

    Skip to main content

    Release Date: June 05, 2025

    WASHINGTON, DC – As the U.S. Consumer Product Safety Commission’s (CPSC) Pool Safely public education campaign marks its 15th year, parents and caregivers can follow these simple steps to keep children safer in and around the water:

    Never leave a child unattended in or near water and always designate an adult Water Watcher. This person should not be reading, texting, using a phone or being otherwise distracted. In addition to pools and spas, this warning includes bathtubs, buckets, decorative ponds and fountains.
    If you own a pool or spa, install layers of protection, including barriers to prevent an unsupervised child from accessing the water. Homes can use door alarms, pool covers, and self-closing, self-latching devices on fence gates and doors that access pools.
    Learn how to perform CPR on children and adults. Many communities offer online CPR training.
    Learn how to swim and teach your child how to swim.
    Keep children away from pool drains, pipes and other openings to avoid entrapments.
    Ensure any pool and spa you use has drain covers that comply with federal safety standards. If you do not know, ask your pool service provider about safer drain covers.

    You can read the CPSC recent drowning and entrapment reports by visiting PoolSafely.gov.
    ###
    Pool Safely, a national public education campaign supporting the requirements of Section 1407 of the Virginia Graeme Baker Pool and Spa Safety Act, to reduce child drownings, nonfatal drownings and entrapment incidents in swimming pools and spas. Parents, caregivers and the media are encouraged to visit: PoolSafely.gov or to follow Pool Safely on, Facebook, Instagram, Threads, and X for vital safety information regarding the prevention of child drownings in and around pools and spas.

    Release Number
    25-310

    About the U.S. CPSCThe U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risk of injury associated with the use of thousands of types of consumer products. Deaths, injuries, and property damage from consumer product-related incidents cost the nation more than $1 trillion annually. Since the CPSC was established more than 50 years ago, it has worked to ensure the safety of consumer products, which has contributed to a decline in injuries associated with these products. 
    Federal law prohibits any person from selling products subject to a Commission ordered recall or a voluntary recall undertaken in consultation with the CPSC.
    For lifesaving information:

    Report an unsafe product

    The link you selected is for a destination outside of the Federal Government. CPSC does not control this external site or its privacy policy and cannot attest to the accuracy of the information it contains. You may wish to review the privacy policy of the external site as its information collection practices may differ from ours. Linking to this external site does not constitute an endorsement of the site or the information it contains by CPSC or any of its employees.
    Click Ok if you wish to continue to the website; otherwise, click Cancel to return to our site.

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Hong Kong Customs special operation combats online sale of counterfeit perfumes and skincare products (with photo)

    Source: Hong Kong Government special administrative region

    Hong Kong Customs special operation combats online sale of counterfeit perfumes and skincare products (with photo)Issued at HKT 17:20

    Hong Kong Customs mounted a special enforcement operation on May 28 and yesterday (June 5), and detected two cases of selling suspected counterfeit goods on online platforms. A total of about 700 items of suspected counterfeit goods, including perfumes and skincare products, with an estimated market value of about $300,000, were seized, and two persons were arrested.

    Customs earlier received information from the public and a trademark owner alleging that counterfeit skincare products were put on sale through online platforms. Customs officers then made use of a big-data analytics system to conduct risk assessments and analyses, and through cyber patrols, discovered that another account on an online platform was also selling suspected counterfeit perfumes and skincare products. An investigation was then launched.

    After a comprehensive investigation and with the assistance of the trademark owner, Customs officers took enforcement actions on the aforementioned dates and searched two residential units in Mei Foo and Kwun Tong, resulting in the seizure of the batch of suspected counterfeit goods.

    During the operation, two women aged 43 and 31 were arrested.

    The investigation is ongoing, and the arrested persons have been released on bail pending further investigation. The likelihood of further arrests is not ruled out. Also, Customs is looking into the source of the goods involved in the cases, and samples will be sent to the Government Laboratory for safety testing.

    Customs reminds consumers to purchase goods at reputable shops or online shops and to avoid conducting transaction with suspicious traders. They should check with the trademark owners or their authorised agents if the authenticity of a product is in doubt.

    Customs has been striving to protect consumer rights and carries out inspections in the market and on the Internet from time to time. Moreover, Customs officers use a big-data analytics system to carry out risk assessments and analyses to verify whether online shops have complied with the Trade Descriptions Ordinance (TDO) with a view to safeguarding the interests of consumers during online purchases.

    Under the TDO, any person who sells or possesses for sale any goods with a forged trademark commits an offence. The maximum penalty upon conviction is a fine of $500,000 and imprisonment for five years.

    Members of the public may report any suspected counterfeiting activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

    Ends/Friday, June 6, 2025
    Issued at HKT 17:20

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: EU Fact Sheets – Pacific – 05-06-2025

    Source: European Parliament

    The EU’s relationship with the Pacific region has political, economic and development dimensions. The EU is the Pacific region’s second largest trading partner. Australia and New Zealand are the EU’s like-minded partners, facing common geostrategic challenges and promoting multilateralism and a global rules-based order. In June 2018, negotiations were launched for a comprehensive EU-Australia free trade agreement (FTA) and the fifteenth round of negotiations took place in April 2023. The EU signed an FTA with New Zealand in July 2023.Under the Samoa Agreement the EU has a partnership with the 15 Pacific Island Countries (PICs) that centres on development, fisheries and climate change. It also has partnerships with the three Pacific Overseas Countries and Territories (OCTs).

    MIL OSI Europe News –

  • MIL-OSI Russia: Wang Yi to Attend FCAS Coordinators’ Ministerial Meeting and 4th China-Africa Economic and Trade Expo

    Translation. Region: Russian Federal

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

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

    BEIJING, June 6 (Xinhua) — Chinese Foreign Minister Wang Yi, a member of the Political Bureau of the Communist Party of China Central Committee and member of the Political Bureau of the Communist Party of China (CPC) Central Committee, will attend the ministerial meeting of the coordinators for the implementation of the Forum on China-Africa Cooperation (FCAC) and the opening ceremony of the 4th China-Africa Economic and Trade Expo in Changsha, central China’s Hunan Province, from June 10 to 12, a Foreign Ministry spokesperson announced Friday. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Occupational safety and personnel policy issues discussed at All-Russian forum at Polytechnic

    Translation. Region: Russian Federal

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

    On June 5 and 6, the Polytechnic University is hosting the All-Russian Conference “Labor Protection and Personnel Work in Organizations Subordinate to the Ministry of Education and Science of Russia.” The event is organized by the Ministry of Science and Higher Education of the Russian Federation. More than 650 specialists are participating in it, discussing current issues in the field of labor protection and personnel policy.

    Participants meet with representatives of relevant government agencies and consider various topics: compliance with labor legislation, holding competitions for positions of professors and teachers, research fellows, certification and selection of managers, anti-corruption policy, labor protection, and social partnership. The work takes place in the format of expert sessions, master classes, and discussion platforms. The experts were also able to get acquainted with the exhibition stands.

    State Secretary – Deputy Minister of Science and Higher Education of the Russian Federation Anastasia Bondarenko addressed the participants in a video format: The topics that are raised annually at the conference are the most relevant. Issues of safety and comfortable conditions are a priority. The strategic potential of any organization is people. We must preserve the best traditions that have developed and share experience on the problems that arise.

    The words of greeting from the Chairman of the Committee on Science and Higher Education of the St. Petersburg Administration Andrey Maksimov were read by his deputy Vladimir Gaidei: I am confident that the Polytechnic University will once again become a unifying discussion platform for the conference participants. You will have the opportunity to exchange experience and relevant information on issues important for the sustainable and stable functioning of educational and scientific organizations.

    The guests were greeted by the rector of SPbPU, academician of the Russian Academy of Sciences Andrey Rudskoy: At the federal level, programs for increasing competitiveness and academic leadership are consistently implemented, which have significantly changed the landscape of higher education, setting, among other things, new requirements for management culture. Personnel policy cannot be formulated in isolation from the university strategy, and it should be built with a focus on creating mechanisms for attracting the best teachers and staff, ensuring an effective contract and consistent integration of teachers’ activities into the implementation of work for industry.

    The participants of the plenary session discussed new challenges and solutions in personnel work and labor protection. The discussion was moderated by the President of the Southern Federal University Marina Borovskaya. Director of the Department of Personnel Policy of the Ministry of Education and Science of Russia Alexey Svistunov made a report “Personnel Policy of the Ministry of Science and Higher Education of the Russian Federation: Main Development Trends”. Director of the Department of Legal Support, Administration and Civil Service of the Ministry of Education of Russia Andrey Sobolev spoke about how to improve the efficiency of labor protection services in educational organizations.

    Deputy Director of the Department of Working Conditions and Occupational Safety Tatyana Zhigastova devoted her speech to changes and prospects for the development of regulatory frameworks in the field of occupational safety. Chairperson of the Trade Union of Education and Science Workers of the Russian Federation Larisa Solodilova spoke in detail about the implementation of social partnership in solving problems of protecting social and labor rights and the effectiveness of monitoring compliance with labor safety legislation. Chairperson of the All-Russian Trade Union of RAS Workers Galina Chucheva gave a report on “Development of Social Partnership: Proposals of the Trade Union of RAS Workers”.

    Acting Head of the Department for Supervision of Compliance with Anti-Corruption Legislation of the St. Petersburg Prosecutor’s Office Yegor Pavlov spoke about the organization’s anti-corruption policy, legislative requirements, their implementation and responsibility. Deputy Head of the Department of the Department of Permit and Visa Work and External Labor Migration of the Main Directorate for Migration of the Ministry of Internal Affairs of Russia, Police Colonel Elena Klimova emphasized the specifics of attracting foreign citizens to work in the Russian Federation. Deputy Director for Research at the Izmerov Research Institute of Occupational Medicine Evgeny Zibarev presented regulatory and legal changes in the field of health protection in his speech. Head of the Department of Acquisition, Departmental Archives and Records Management of the Central State Archive of St. Petersburg Yulia Arslanova spoke about the storage of personnel documents and labor protection documents.

    The moderator of the expert session “State supervision, departmental control: typical mistakes in personnel work. Ambiguous trends in law enforcement practice in labor disputes” was the head of the Directorate for Work with Personnel of SPbPU Maria Pakhomova. The participants discussed changes in supervisory activities and risk indicators, recruitment and registration of labor relations with foreign scientific and pedagogical workers, trends in law enforcement practice in labor disputes and other issues.

    The moderators of the discussion platform “Improving approaches to remuneration and motivation of personnel” were Deputy Chief Accountant of SPbPU Irina Tomshinskaya and Director of the Department of Economics and Finance of SPbPU Elena Vinogradova. The experts considered the automation of HR processes of the university, the use of IT services to optimize the activities of employees, the system of accounting for the achievements of university-forming personnel, modification of the algorithm for forming the staffing schedule and other topics. Head of the Department of Corporate and Information Systems of SPbPU Denis Varenikov presented the report “Personal account of an employee as a tool for the digital transformation of an institution”. Head of the Labor Protection and Safety Department of SPbPU Yulia Shadrina spoke about the modification of the algorithm for forming the staffing schedule.

    The round table “The Role of the Psychological Service in Ensuring Psychological Safety at the University” was moderated by Maxim Pasholikov, Vice-Rector for Youth Policy and Communication Technologies at SPbPU. The participants discussed the activities of psychological services at universities, student support, and aspects of the work of the tutoring service. Anna Kalugina, Director of the Center for Psychological Support at SPbPU, presented a report on “Psychological Aspects of Training First-Year Group Curators.”

    The discussion platform “Assessment and development of personnel: current trends and effective mechanisms” was attended by the director of the Higher School of Industrial Management of SPbPU, secretary of the Competition Committee Olga Kalinina, who spoke about the assessment and development of the teaching staff within the framework of competition procedures.

    At the discussion platform “Current issues of organizing labor protection in scientific and educational organizations of higher education,” Nikolai Chumakov, associate professor of the Higher School of Technosphere Safety of SPbPU, spoke and presented the specifics of conducting first aid training.

    The debate “Experience is no obstacle to mastery. How to find the “golden mean”: professional standards vs. competencies / youth vs. “silver age”” was moderated by Vice-Rector for HR Policy of SPbPU Maria Vrublevskaya. The experts exchanged opinions on strategic issues of human capital management, discussed the age balance of the NPR, ways to attract and retain young people, professional standards and competencies.

    The moderator of the round table “Educational and methodological support for training specialists in labor protection” was the director of the Higher School of Technosphere Safety of SPbPU Andrey Andreev. The first vice-president of MANEB, associate professor of SPbPU Vitaly Tsaplin made a report “Artificial intelligence in labor protection management systems”. Senior lecturers of the Polytechnic University Yulia Logvinova and Maxim Polyukhovich spoke about the methodological foundations of the laboratory practical course on labor protection.

    Also planned today is a discussion platform “Mentoring as an element of developing human resources potential” together with the UNESCO Department at SPbPU and other activities.

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

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: Hobbycraft Trading Limited Company Voluntary Arrangement: Information for employees

    Source: United Kingdom – Executive Government & Departments

    News story

    Hobbycraft Trading Limited Company Voluntary Arrangement: Information for employees

    Hobbycraft Trading Limited entered a Company Voluntary Arrangement on 13 May 2025. The company is continuing to trade as it restructures its operations.

    This page provides information on how to claim redundancy pay for those affected.  

    Anthony John Wright and Geoffrey Paul Rowley of FRP Advisory Trading Limited, who had previously been appointed Joint Nominees on 23 April 2025, became Joint Supervisors of the Company Voluntary Arrangement. 

    If you are an affected employee, this page will provide you with information on how to claim redundancy. 

    Information for employees: 

    If you have been dismissed 

    If you have been dismissed, you might be entitled to statutory redundancy pay, and compensatory notice pay,  from the Insolvency Service. 

    Information about your rights, how to apply and how we calculate payments is available on GOV.UK. 

    Who is eligible 

    You can apply to the Insolvency Service for redundancy and other payments if you worked for the company under an employment contract. 

    Workers and self-employed contractors who provided services to the company are not eligible to apply. Instead, these individuals should contact the Company Voluntary Arrangement supervisors at erateam@frpadvisory.com  

    Company directors 

    Check if you can apply for redundancy payments if you have been dismissed and were a director. 

    How to apply 

    The supervisors will give details about how to apply and will also give you a case reference number (example: CN12345678). Once you have this information, you can apply online. 

    Paying your claim 

    On average it takes 14 days to process and pay claims. However, sometimes we need to get additional information from the individual or from the supervisors, which can take a bit of time. We will contact you directly if we need anything further from you. We always try to pay eligible claims within 6 weeks of receiving the application. 

    To allow us to deal with everyone’s application as quickly as possible, please do not contact us to check the status of your application until after the 6 weeks have passed. 

    Getting help with your application for redundancy payments. 

    If you need help completing your application, you can contact the Redundancy Payments helpline on 0330 331 0020. 

    When calling, please have your case reference number (Example: CN12345678) and National Insurance number to hand. If you do not have a case reference number, please contact the administrator. 

    You can email us on redundancypaymentsonline@insolvency.gov.uk. Please include your name, your case reference number, and your telephone number in your email. 

    If you need to email us after submitting your claim, only use the email address you gave on your application form. Otherwise, we will not be able to respond to you for security reasons. 

    Other support available to you 

    Factsheet: finding a new job, managing your finances and benefits available to you.

    Updates to this page

    Published 6 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Axi Showcases Their Capital Allocation Program, Axi Select, at the Finance Magnates Africa Summit

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, June 06, 2025 (GLOBE NEWSWIRE) — Leading online FX and CFD broker Axi attended the Finance Magnates Africa Summit (FMAS:25), held on May 29-30, 2025, at the Cape Town International Convention Centre in Cape Town, South Africa.

    Event attendees were introduced to Axi Select, Axi’s capital allocation program launched in 2023. The program, designed to empower ambitious traders on their trading journey, has been a game-changer in the trading field. Tens of thousands of traders worldwide have signed up to Axi Select, with many now reaching significant milestones and accessing funding amounts of $100,000, $200,000, and $500,000, and the top funding milestone, $1,000,000.

    Attendees of the expo also had the opportunity to explore Axi’s Introducing Broker (IB) and Affiliate programs, learn more about the broker’s partnership with Premier League Champions, Man City, as well as snap exclusive photos with Man City’s Premier League memorabilia and the club’s mascot, brought in especially for the event. 

    Further to the broker’s collaboration with Premier League club, Manchester City FC, Axi also partners with Brazilian club, Esporte Clube Bahia, LaLiga club, Girona FC, and named England international John Stones as their Brand Ambassador in 2023. Over the past several months, Axi has garnered significant recognition for its innovation in the trading industry. The broker was recently named ‘Best Funded Trader Programme’ by the ADVFN International Financial Awards 2025, acknowledging the excellence of its capital allocation program, Axi Select. In 2024, Axi was also celebrated at the 2024 Dubai Forex Expo with the ‘Innovator of the Year’ award, and was named ‘Most Innovative Proprietary Trading Firm’ by Finance Feeds, highlighting the broker’s continued focus to providing their traders with the competitive edge they need to succeed.

    View highlights here: https://youtu.be/Ec2VYV8vOi4

    *Granted to the Axi Group of Companies.

    The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available to AU, NZ, EU and UK residents. For more information, refer to our Terms of Service.

    About Axi

    Axi is a global online FX and CFD trading company, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.

    For more information or additional comments from Axi, please contact: mediaenquiries@axi.com

    The MIL Network –

  • MIL-OSI United Kingdom: Australia-UK Free Trade Agreement Joint Committee Statement

    Source: United Kingdom – Executive Government & Departments

    News story

    Australia-UK Free Trade Agreement Joint Committee Statement

    Summary of a joint statement following the second meeting of the Australia-United Kingdom Free Trade Agreement Joint Committee on 3 June 2025

    Alongside the OECD 2025 Ministerial Council Meeting held in Paris, Australian Minister for Trade and Tourism, Senator the Honourable Don Farrell and UK Secretary of State for Business and Trade, the Rt Hon Jonathan Reynolds MP, met on 3 June 2025, for the second meeting of the Australia-United Kingdom Free Trade Agreement Joint Committee.

    The Ministers celebrated the strong trade and investment relationship between the UK and Australia.  Two-way trade between our economies reached AUD36bn or GBP23bn in 2024.

    As of 2024, the stock of UK Foreign Direct Investment in Australia reached AUD156bn or GBP77bn, and Australian Foreign Direct Investment in the UK rose to AUD210bn or GBP104bn – an increase of 6.5% and 11.5% respectively on the previous year.

    The strong uptake of the Agreement’s benefits is resulting in real savings for businesses, workers and consumers.

    Since entry into force on 31 May 2023, AUD4.7 bn or GBP2.4bn worth of traded goods benefited from preferential tariff access, i.e. around 70% of goods traded between the UK and Australia made use of available preferences.

    Between June 2023 and December 2024:

    • AUD3.4bn or GBP1.8bn (65%) of eligible goods imports into Australia from the UK made use of an FTA tariff preference.

    Had this trade occurred at standard Most Favoured Nation (MFN) tariff rates, up to an additional GBP89m or AUD172m in duties would have been collected.

    • GBP662m or AUD1277m (77%) of eligible goods imports into the UK from Australia made use of FTA tariff preferences.

    Had these occurred at standard Most Favoured Nation (MFN) tariff rates, up to an additional GBP139m or AUD269m in duties would have been paid.

    The Ministers noted that free and inclusive trade is a cornerstone of prosperity in both countries.

    Recognising that open markets, and reliable legal and regulatory frameworks are essential for trade, the Ministers committed to strengthening the rules-based trading system.  

    Ministers also noted progress on recognition of professional qualifications in key sectors through the FTA’s Professional Services Working Group, and the ongoing work under the FTA’s Innovation Chapter to explore the potential for a ‘biobridge’ between our countries to expedite new and innovative medicines, diagnostics, and therapeutics to market. 

    The Ministers agreed to continue working together to strengthen the role that free trade plays in increasing prosperity and reinforcing resilience against economic turbulence and share the benefits of trade to all including through the World Trade Organization, OECD and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). 

    Note to editors:

    Figures reported are from UK Official Statistics and Australian official sources.

    Australian trade data is sourced from the Australian Bureau of Statistics https://www.abs.gov.au/statistics/economy/international-trade/international-trade-supplementary-information-calendar-year/2024

    UK trade data sourced from the ONS publication of UK total trade: all countries seasonally adjusted October to December 2024 data.

    Trade asymmetries exist between the UK and Australia official trade statistics, but this does not mean that either country is inaccurate in their estimation. Differences can be caused by a range of conceptual and measurement variations between the estimation practices of different countries.

    Investment data is sourced from the Australia Bureau of Statistics https://www.abs.gov.au/statistics/economy/international-trade/international-investment-position-australia-supplementary-statistics/2024

    The underlying data for the imports into the UK preference utilisation figures were sourced from HM Revenue and Custom’s (HMRC) UK goods imports by tariff regime, April 2025 data. This data is provided on a country of origin basis.

    The methodology used to calculate UK preference utilisation rates can be found here https://www.gov.uk/government/statistics/preference-utilisation-of-uk-trade-in-goods-technical-annex/preference-utilisation-of-uk-trade-in-goods-official-statistics-technical-annex#methodology-note-for-preference-utilisation-of-uk-trade-in-goods

    Estimated duty savings are based on exchanged country tariff schedules and preference utilisation data. For UK imports, these are all calculated using the Ad Valorem, Specific, or Compound tariffs applied at the CN8 level. Where appropriate, Ad Valorem Equivalent tariffs were used (source: MacMap). The Bank of England spot exchange rates (June 2023-December 2024) was used to convert from GBP to AUD.

    Estimates of Australia’s preference utilisation and duty savings for the June 2023 to December 2024 period are drawn from Department of Foreign Affairs and Trade calculations using ABS trade data and DFAT tariff schedule data.

    Investment data is sourced from the Australian Bureau of Statistics.

    UK-AUS total goods trade values may not equal the sum of UK goods imports and AUS goods imports due to rounding and methodological differences in calculating preference eligible imports.

    Updates to this page

    Published 6 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Derby Market Hall launches booking process for pop-up traders

    Source: City of Derby

    Derby Market Hall has launched a new booking process for those who are interested in having a temporary pop-up stall.

    The revitalised Grade II listed building has undergone a significant £35.1m transformation, creating a vibrant hub in the heart of the city that brings together the best of the region’s independent shopping, eating, drinking, and entertainment under one stunning roof. 

    The Market Hall was officially reopened on Saturday 24 May – drawing in over 34,500 visitors during its first three days – and hosted a week-long celebration packed with live music and family-friendly workshops. 

    The pop-up barrows offer visitors an opportunity to enjoy something different each time they visit. With a central location, they offer a prime opportunity for traders to showcase their products in one of Derby’s most historic and iconic buildings. With rates starting at just £15 per day, these pop-up barrows have been carefully designed for Derby creatives to showcase their talent to visitors from across the region. 

    Pop-up traders will not only benefit from the incredible footfall at the Market Hall, but they will be trading and selling their products under a new vision for the Market Hall and will a part of the new vision to offer something for everyone.

    Carla Dee, owner of Love Lalaland, said:

    I had such an awesome experience at the opening week at the Derby Market Hall. It was the perfect spot in the centre of Derby and the most stunning venue to showcase my work and meet so many wonderful people. The Market Hall team are always on hand to help, and most importantly, with a smile on their faces. I will definitely have a pop-up again in the near future.

    Eve Ward, owner of Ivy Rose, said:

    I absolutely loved my pop-up. The size of the barrow was perfect, and I found the cupboards underneath very handy.

    Traders who are interested in booking a pop-up can apply through the Eventaly platform where they can also check availability and terms and conditions. 

    In addition to pop-up stalls, Derby Market Hall is also recruiting permanent traders to join its diverse community. Since the reopening, Derby Market Hall has received 46 enquiries from prospective permanent traders. Businesses who are interested in having a permanent stall can submit their applications on the Derby Market Hall’s website. 

    Councillor Nadine Peatfield, Leader of Derby City Council and Cabinet Member for City Centre, Regeneration, Strategy and Policy, said:

    The revitalised Derby Market Hall is more than just a marketplace. We’re marking a new era for the historic Grade II listed building, and it has been transformed into a vibrant hub in the heart of the city which is marking a new era for the region’s independent shopping, dining, and entertainment. 

    We have received such positive feedback from our pop-up and permanent traders since opening. This is an amazing opportunity for creatives from across the region to sell their products to a diverse range of visitors.

    More information about traders and events is available on the Derby Market Hall website. You can also follow Derby Market Hall on Facebook and Instagram. 

    Derby Market Hall is open 8am – 3pm from Monday to Wednesday; 8am – 10pm Thursday to Saturday and 11am until 3pm on Sunday. 

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: New microchip formats for dog IDs

    Source: Hong Kong Information Services

    The Government will introduce on August 1 an International Organization for Standardization (IOS) standard microchip that contains the specific code of Hong Kong for identifying dogs.

    The IOS microchip will also serve as evidence that the dog has been vaccinated against rabies.

    The Environment & Ecology Bureau said the Government will introduce an ISO microchip containing the city’s specific code, in addition to the existing AVID microchip.

    Dogs in Hong Kong already implanted with the AVID microchip and dogs legally imported and implanted with the ISO microchip, do not need to additionally implant the ISO microchip containing the Hong Kong specific code.

    As ISO microchip is commonly used in many countries and places, the new measure will further facilitate the movement of dogs into and out of Hong Kong while ensuring the source of the microchip could be traced.

    Two notices about the introduction of the IOS microchip and the exemption measures respectively, were published in the Gazette today.

    The Government has consulted the Legislative Council Panel on Food Safety & Environmental Hygiene and stakeholders regarding the notices, and obtained general support for the new measures.

    The Rabies Regulation (Amendment of Schedule 3) Notice 2025 and the Rabies (Transponders on Imported Dogs) (Exemption) Notice will be tabled before LegCo on June 11 for negative vetting, and will enter into force on August 1.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Tredu.com Launches Global Platform to Revolutionize Trading Education

    Source: GlobeNewswire (MIL-OSI)

    NEW DELHI, INDIA, June 06, 2025 (GLOBE NEWSWIRE) — Tredu.com announces the launch of a new global platform designed to transform trading education by connecting traders of all skill levels with verified educators from around the world. Built to bridge the gap between theory and real-market experience, Tredu.com aims to make high-quality trading education more accessible, reliable, and inclusive than ever before.

    Addressing a Fragmented Market

    In recent years, trading has seen unprecedented growth across all demographics. Yet, access to trustworthy, structured education remains inconsistent. Many aspiring traders struggle to distinguish between legitimate educational opportunities and low-value or even misleading content.

    Tredu.com directly addresses this challenge. Through a curated marketplace, the platform enables users to discover, compare, and book trading educators across a wide spectrum of asset classes, including forex, crypto, stocks, commodities, and indices.

    Traders today are overwhelmed by noise and misinformation, our platform was created to give learners a single, reliable destination where they can connect with real professionals offering real insights; not hype.

    A Platform Built for Traders, by Educators

    Tredu.com’s structure is designed with flexibility in mind. Traders can search for educators by language, specialization, experience level, or even trading style. The platform also supports both live one-on-one sessions and structured courses, depending on user preference.

    Educators, on the other hand, gain access to an international audience of active learners. Each educator’s profile includes verified credentials, student reviews, and a transparent pricing model. Instructors can list offerings across multiple formats, from single masterclasses to long-term mentorship programs.

    Quality Assurance and Transparency at the Core

    Every educator on Tredu.com goes through a strict onboarding process that includes verification of qualifications and trading history. The platform also enforces rigorous quality controls, including periodic audits, feedback loops, and performance tracking.

    Our goal is not just to connect traders and educators. It’s to elevate the standard of trading education worldwide. We believe that transparency, accountability, and quality assurance should be built into the system.

    Global Reach, Local Impact

    Today, educators and traders in more than 30 countries actively use the platform. With built-in multilingual support and payment systems that work smoothly across borders, Tredu makes it easy for users on nearly every continent, from Europe to Asia, Africa to the Americas, to connect without friction.

    As more individuals turn to trading as a means of building financial autonomy, the need for reliable education has never been greater. Tredu.com steps into this space with a clear mission: to support a new generation of informed, skilled traders who can make confident decisions in the markets.

    Tools That Support Real Growth

    To make the learning journey more effective, Tredu.com equips users with a suite of practical tools. From real-time performance tracking to built-in video conferencing and smart analytics, these features help both educators and learners stay aligned and measure results over time. The focus is on progress that can be seen, tracked, and applied in real-market situations.

    In upcoming development phases, Tredu.com plans to roll out certification pathways and partner with brokerages and financial institutions to offer verified learning tracks tied to real-world opportunities.

    Industry Response

    Early feedback from both independent educators and trading communities has been overwhelmingly positive. Many see Tredu.com as a needed evolution in a space where education has lagged behind innovation.

    “Finding a mentor used to mean luck or years of networking,” said one beta tester from Madrid. “Now it’s as simple as opening an account and browsing a verified list of experts. This is a game-changer for anyone serious about trading.”

    About Tredu.com

    Tredu.com is a global marketplace for trading education, designed to connect learners with verified trading professionals worldwide. The platform supports personalized and course-based learning across all major financial instruments, combining transparency, flexibility, and high standards. Tredu.com operates with the mission of making credible, practical trading education accessible to all.

    Media Contact

    Brand: Tredu.com

    Contact: Tredu PR Team

    Email: marketing@tredu.com

    Website: https://www.tredu.com

    The MIL Network –

  • MIL-OSI Asia-Pac: President Lai hosts state banquet for President Bernardo Arévalo of Republic of Guatemala  

    Source: Republic of China Taiwan

    Details
    2025-06-05
    President Lai welcomes President Bernardo Arévalo of Republic of Guatemala with military honors  
    On the morning of June 5, President Lai Ching-te welcomed with full military honors President Bernardo Arévalo of the Republic of Guatemala and his wife, who are leading a delegation of cabinet members visiting Taiwan for the first time, demonstrating the deep and enduring alliance between our nations. In remarks, President Lai noted that over the past few years, bilateral cooperation between Taiwan and Guatemala has grown closer and more diverse, and said that moving forward, based on a foundation of mutual assistance for mutual benefit, we will continue to promote programs in line with international trends, spurring prosperity and development in both our nations. The military honors ceremony began at 10:30 a.m. in the Entrance Hall of the Presidential Office. After a 21-gun salute and the playing of the two countries’ national anthems, President Lai and President Arévalo each delivered remarks. A translation of President Lai’s remarks follows: Today, President Arévalo and First Lady Lucrecia Peinado are leading a delegation of cabinet members visiting Taiwan for the first time, demonstrating the deep and enduring alliance between our nations. On behalf of the people and government of the Republic of China (Taiwan), I want to extend my sincerest welcome. Last year, our two countries celebrated the 90th anniversary of diplomatic ties, providing mutual support all along the way. Especially over the past few years, bilateral cooperation has grown closer and more diverse. We have a long record of remarkable results, whether in terms of medicine and public health, education and culture, technological cooperation, or economic and trade exchanges. Moving forward, based on a foundation of mutual assistance for mutual benefit, Taiwan and Guatemala will continue to promote programs in line with international trends. We will continue to strengthen exchange and cooperation for young people, as well as scholarship programs, and actively cultivate high-tech and information and communications technology industry talent, spurring prosperity and development in both our nations. Although separated by a great distance, the peoples of both countries are closely connected by their ideals and values. I am confident that with President Arévalo’s support, bilateral exchanges and cooperation will become closer and more diverse, beginning a very promising new chapter. I wish the visiting delegation a smooth and successful trip. President Arévalo then delivered remarks, saying that on behalf of the government and people of Guatemala, he is honored to visit the Republic of China (Taiwan), this beautiful nation, and to receive full military honors, which reflects the mutual respect between our two nations as well as our solid friendship. Especially as this state visit comes as we celebrate 90 years of formal diplomatic ties, he said, he has brought the foreign minister, economics minister, private secretary to the president, and social communication secretary as members of his delegation, in the hope of our ties embarking on a new chapter. President Arévalo said that Guatemala-Taiwan ties have in recent years been growing steadily on a foundation of mutual understanding and cooperation, making significant progress, and that our peoples have also cultivated sincere friendships and cooperative relationships across many fields. Our nations are especially promoting public health, education, agricultural technology, and infrastructure, he said, key fields which are conducive to economic and social development. He expressed his hope that on such good foundations of the past, we can further strengthen our bilateral ties for the future. President Arévalo stated that through this state visit they not only want to reaffirm the good bilateral ties between our nations, but that they also hope to define a trajectory for the future of our cooperation in the direction of expanding economic cooperation, building economic and trade alliances, and facilitating investment to foster a Taiwan-Guatemala relationship that benefits both peoples. He then expressed gratitude to the people of Taiwan for helping Guatemala over the past 90 years and reaffirmed the unwavering support of Guatemala for the Republic of China (Taiwan). On the occasion of this visit, he said, he hopes to extend a friendly hand to the people of Taiwan, adding that he looks forward to our nations continuing to take major steps forward on the road of mutual assistance and prosperity. Also in attendance at the welcome ceremony were Dean of the Diplomatic Corps and Saint Vincent and the Grenadines Ambassador Andrea Clare Bowman, and members of the foreign diplomatic corps in Taiwan.  

    Details
    2025-06-03
    President Lai confers decoration on President Hilda C. Heine of Republic of the Marshall Islands, hosts state banquet  
    At noon on June 3, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, conferred a decoration upon President Hilda C. Heine of the Republic of the Marshall Islands, and hosted a state banquet for President Heine and her husband at the Presidential Office. In remarks, President Lai thanked President Heine for her commitment to deepening the diplomatic partnership between our nations and speaking up for Taiwan in the international arena. He also expressed hope for Taiwan and the Marshall Islands to work together to address various challenges through an even greater diversity of exchanges, and that together, we can contribute even more to peace, stability, and development throughout the Pacific region. At the decoration ceremony, President Lai personally conferred the Order of Brilliant Jade with Grand Cordon on President Heine before delivering remarks, a translation of which follows:  The Marshall Islands was the first Pacific ally that I visited after taking office as president. When I arrived there, I was immediately drawn to its beautiful scenery. And I received a very warm welcome from the local people. This gesture showed the profound friendship between our two nations. I was truly touched. I also remember trying your nation’s special Bob Whisky for the first time. The flavor was as unique and impressive as the landscape of the Marshall Islands.  In addition to welcoming our distinguished guests today, we also presented President Heine with the Order of Brilliant Jade with Grand Cordon. On behalf of the people of Taiwan, I want to thank President Heine for her commitment to deepening the diplomatic partnership between our nations, and for staunchly speaking up for Taiwan in the international arena. Both I and the people of Taiwan are profoundly grateful to President Heine for her friendship and support. Over the past few years, cooperation between Taiwan and the Marshall Islands has grown ever closer. And this visit by our distinguished guests will allow our two countries to further expand areas of bilateral exchange. I have always believed that only through mutual assistance and trust can two countries build a longstanding and steadfast partnership. I once again convey my sincere aspiration that Taiwan and the Marshall Islands work together to address various challenges through an even greater diversity of exchanges. Together, we can contribute even more to peace, stability, and development throughout the Pacific region. In closing, I want to thank President Heine and First Gentleman Thomas Kijiner, Jr. for leading this delegation to Taiwan, which deepens the foundations of our bilateral relationship. May our two nations enjoy a long and enduring friendship. President Heine then delivered remarks, stating that she felt especially privileged to receive the Order of Brilliant Jade with Grand Cordon of the Republic of China (Taiwan), and humbly accepted the honor with the utmost gratitude, humility, and deep responsibility. This is a deep responsibility, she said, because she understands that since its inception in 1933, this order has been bestowed upon a select few. She then thanked President Lai for this great honor. President Heine stated that the banquet was not just a celebration of our bilateral friendship, but a true reflection of the generosity of the Taiwan spirit and a testament to the enduring ties between our nations, founded on shared values and aspirations, including a respect for the rule of law, the preservation of human dignity, and a deep commitment to democracy. President Heine stated that the Taiwan-Marshall Islands partnership continues to evolve through practical cooperation and mutual support. In recent years, she said, our countries have worked hand in hand across a range of vital sectors, including the recent opening of the Majuro Hospital AI and Telehealth Center and the ongoing and successful Taiwan Health Center, various technical training and scholarship programs, and various climate change adaptation projects in renewable energy, coastal resilience, and sustainable agriculture.   President Heine emphasized that the Marshall Islands continues to be a proud and vocal supporter of Taiwan’s meaningful participation in the United Nations system and other international organizations. Taiwan’s exclusion from these platforms, she said, is not only unjust, but is bad for the world, and the global community needs Taiwan’s voice and expertise.  President Heine also expressed sincere appreciation to all of the Taiwanese friends who have contributed their efforts to deepening bilateral relations, including government officials, healthcare workers, teachers, engineers, and volunteers. The people of the Marshall Islands, she said, deeply appreciate and value everyone’s efforts and service. President Heine said that as we celebrate our partnership, let us look to the future with hope and determination, continue to work together, learn from one another, and support one another to champion a world where all nations can chart their own course based on peace and international law. Also attending the state banquet were Marshall Islands Council of Iroij Chairman Lanny Kabua, Minister of Foreign Affairs and Trade Kalani R. Kaneko, Minister of Finance David Paul, Nitijela Standing Committee on Foreign Affairs and Trade Chairperson Joe Bejang, and Charge d’Affaires a.i. Anjanette Davis-Anjel of the Embassy of the Republic of the Marshall Islands.  

    Details
    2025-06-03
    President Lai and President Hilda C. Heine of Marshall Islands hold bilateral talks and witness signing of agreements
    On the morning of June 3, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, held bilateral talks with President Hilda C. Heine of the Republic of the Marshall Islands at the Presidential Office following a welcome ceremony with military honors for her and her husband. The leaders also jointly witnessed the signing of a letter of intent for sports exchanges and a memorandum of understanding regarding the Presidents’ Scholarship Fund. President Lai then presided over a launch ceremony for a loan program to purchase aircraft. In remarks, President Lai thanked the government and the Nitijela (parliament) of the Marshall Islands for their longstanding support for Taiwan’s international participation and for voicing staunch support for Taiwan at numerous international venues. President Lai said that Taiwan looks forward to continuing to deepen its diplomatic partnership with the Marshall Islands and build an even closer cooperative relationship across a range of fields, engaging in mutual assistance for mutual benefits and helping each other achieve joint and prosperous development to yield even greater well-being for our peoples. A translation of President Lai’s remarks follows: I once again warmly welcome President Heine, First Gentleman Thomas Kijiner, Jr., and our guests to Taiwan. During my visit to the Marshall Islands last year, I said that Taiwan and the Marshall Islands are truly a family. When Vice President Hsiao and I took office last year, President Heine led a delegation to Taiwan. It is now one year since our inauguration, and I am delighted to see President Heine once again, just as if I were seeing family arrive from afar. Through my visit to the Marshall Islands, I gained a profound sense of the friendship between the peoples of our two nations, well-demonstrated by bilateral exchanges in such areas as healthcare, agriculture, and education. And it is thanks to President Heine’s longstanding support for Taiwan that our countries have been able to further advance collaboration on even more issues, including women’s empowerment and climate change. In recent years, the geopolitical and economic landscape has changed rapidly. We look forward to Taiwan and the Marshall Islands continuing to deepen our partnership and build an even closer cooperative relationship. In just a few moments, President Heine and I will witness the signing of several documents, including a memorandum of understanding and a letter of intent, to expand bilateral cooperation in such fields as sports, education, and transportation. Taiwan will take concrete action to work with the Marshall Islands and advance mutual prosperity and development, writing a new chapter in our diplomatic partnership. I would also like to take this opportunity to express gratitude to the government and Nitijela of the Marshall Islands. In recent years, the Nitijela has passed annual resolutions backing Taiwan’s international participation, and President Heine and Marshallese cabinet members have been some of the strongest advocates for Taiwan’s international participation, voicing staunch support for Taiwan at numerous international venues. Building on the pillars of democracy, peace, and prosperity, Taiwan will continue to work with the Marshall Islands and other like-minded countries to deepen our partnerships, engage in mutual assistance for mutual benefits, and help one another achieve joint and prosperous development. I have every confidence that the combined efforts of our two nations will yield even greater well-being for our peoples and see us make even more contributions to the world. President Heine then delivered remarks, and began by conveying warm greetings of iokwe from the people and government of the Republic of the Marshall Islands to the people and government of the Republic of China (Taiwan). She said she was deeply honored to be in Taiwan for an official visit, and extended appreciation to President Lai and his government for their gracious invitation and warm welcome. President Heine stated that this year marks 27 years of diplomatic ties between our two nations, and that they are proud of this enduring friendship. This special and enduring relationship, she said, is grounded in our shared Austronesian heritage, and strengthened by mutual respect for each other’s democratic systems and our steadfast commitment to the core values of freedom, justice, and the rule of law. President Heine stated that Taiwan’s continued support has been invaluable to the people and national development of the Marshall Islands, particularly in the areas of health, education, agriculture, and climate change. She also expressed deep appreciation to Taiwan for providing Marshallese students with opportunities to study in Taiwan, and for the care extended to Marshallese who travel here for medical treatment. President Heine also announced that she would be presenting a copy of a resolution by the people and government of the Republic of the Marshall Islands reiterating their appreciation for the support provided by the people and government of the Republic of China (Taiwan), and calling on the United Nations to take immediate action to resolve the inappropriate exclusion of Taiwan’s 23 million people from the UN system. She added that she looked forward to the bilateral discussions later that day, and to continuing the important work that both countries carry out together. After the bilateral talks, President Lai and President Heine witnessed the signing of a letter of intent regarding sports exchanges and a memorandum of understanding regarding the Presidents’ Scholarship Fund by Minister of Foreign Affairs Lin Chia-lung (林佳龍) and Marshallese Minister of Foreign Affairs and Trade Kalani R. Kaneko. President Lai then presided over a launch ceremony for a loan program to purchase aircraft, marking the formal beginning of Taiwan-Marshall Islands air transport cooperation. The visiting delegation also included Council of Iroij Chairman Lanny Kabua, Minister of Finance David Paul, and Nitijela Standing Committee on Foreign Affairs and Trade Chair Joe Bejang. They were accompanied to the Presidential Office by Charge d’Affaires a.i. Anjanette Davis-Anjel of the Embassy of the Republic of the Marshall Islands.

    Details
    2025-06-03
    President Lai welcomes President Hilda C. Heine of Republic of the Marshall Islands with military honors  
    President Lai Ching-te welcomed President Hilda C. Heine of the Republic of the Marshall Islands and her husband on the morning of June 3 with full military honors. In remarks, President Lai thanked President Heine and the people and government of the Marshall Islands for demonstrating such high regard for our nations’ diplomatic ties. The president said that over our 27 years of diplomatic relations, our cooperation in healthcare, agriculture, fisheries, education and training, and climate change has yielded many positive results. And moving ahead, he said, Taiwan will continue to deepen collaboration across all domains for mutual prosperity and growth. The welcome ceremony began at 10:30 a.m. in the plaza fronting the Presidential Office. President Lai and President Heine each delivered remarks after a 21-gun salute, the playing of the two countries’ national anthems, and a review of the military honor guard. A translation of President Lai’s remarks follows: On behalf of the people and government of the Republic of China (Taiwan), it is a great pleasure to welcome President Heine, First Gentleman Thomas Kijiner, Jr., and their delegation with full military honors as they make this state visit to Taiwan. When I traveled to the Marshall Islands on a state visit last December, I was received with great warmth and courtesy. I once again thank President Heine and the people and government of the Marshall Islands for demonstrating such high regard for our nations’ diplomatic ties. Taiwan and the Marshall Islands share Austronesian cultural traditions, and we are like-minded friends. Throughout our 27 years of diplomatic relations, we have always engaged with each other in a spirit of reciprocal trust and mutual assistance. Our cooperation in healthcare, agriculture, fisheries, education and training, and climate change has yielded many positive results. This is President Heine’s first state visit to Taiwan since taking office for a second time. We look forward to engaging our esteemed guests in in-depth discussions on issues of common concern. And moving ahead, Taiwan will continue to deepen collaboration with the Marshall Islands across all domains for mutual prosperity and growth. In closing, I thank President Heine, First Gentleman Kijiner, and their entire delegation for visiting Taiwan. I wish you all a pleasant and successful trip.  A transcript of President Heine’s remarks follows: Your Excellency President Lai Ching-te, Vice President [Bi-khim] Hsiao, honorable members of the cabinet, ambassadors, distinguished guests, ladies and gentlemen: It is my pleasure to extend warm greetings of iokwe on behalf of the people and the government of the Republic of the Marshall Islands. I wish to also convey my appreciation to Your Excellency President Lai, for the hospitality and very warm welcome – kommol tata. This visit marks my seventh official state visit to this beautiful country. It’s a testament to my strong commitment to further deepening ties between the Republic of the Marshall Islands and the Republic of China (Taiwan). During this visit, I look forward to engaging in meaningful discussions with Your Excellency President Lai to further strengthen the bilateral relationship between our two nations and our peoples.  For over a quarter-century, Taiwan has been a strong ally and friend to the Marshall Islands. Our partnership has thrived across many sectors, including education, healthcare, infrastructure, and economic development. Through Taiwan’s generous support and collaboration, we have made significant progress in improving the lives of our people, empowering our communities, and fostering sustainable growth. The Marshall Islands deeply values our partnership with Taiwan and appreciates Taiwan’s support over the years. Despite our small size and limited voice on the global stage, the Marshall Islands deeply cherishes our friendship with Taiwan, and to that end, I wish to reaffirm my government’s commitment to Taiwan’s meaningful participation in the United Nations system. Taiwan has consistently demonstrated its commitment to the principles of democracy, human rights, and the rule of law. In light of current constraints in global affairs, it is now more urgent than ever that the international community of nations recognize the fundamental rights of the 23 million Taiwanese people and recognize Taiwan’s aspiration to engage fully in global affairs. It is with this in mind that I wish to reiterate to Your Excellency President Lai, the Taiwanese people, and the world that under my government, Marshall Islands will continue to acknowledge Taiwan’s contribution on the global stage and urge like-minded countries to advocate for Taiwan’s meaningful engagement in the international arena. In closing, may I once again extend our sincere appreciation to Your Excellency President Lai, the people and government of the Republic of China (Taiwan), for your warm welcome.  Also in attendance at the welcome ceremony were Charge d’Affaires a.i. Anjanette Davis-Anjel of the Embassy of the Republic of the Marshall Islands, Dean of the Diplomatic Corps and Saint Vincent and the Grenadines Ambassador Andrea Clare Bowman, and members of the foreign diplomatic corps in Taiwan.  

    Details
    2025-05-29
    President Lai attends 2025 Europe Day Dinner
    On the evening of May 29, President Lai Ching-te attended the 2025 Europe Day Dinner. In remarks, President Lai stated that Taiwan looks forward to further establishing institutionalized mechanisms with Europe for our trade and investment ties and hopes to take an innovative and diverse approach to sign an economic partnership agreement with the European Union, to provide a more transparent, stable, and predictable business environment for our enterprises. The president said that Taiwan will actively work alongside other democracies, including those in Europe, to jointly build resilient, promising non-red supply chains, and noted that Taiwan and Europe have endless potential for collaboration, whether it is in safeguarding freedom and democracy or advancing our economic and trade relationship. He expressed hope to further strengthen our partnership and work together toward global peace, stability, and prosperity. A transcript of President Lai’s remarks follows: Chairman [Henry] Chang (張瀚書), thank you for the invitation, and congratulations on your second term. I’m confident that under your leadership, the ECCT [European Chamber of Commerce Taiwan] will build even more bridges for cooperation between Taiwan and Europe. I would also like to thank EETO [European Economic and Trade Office] Head [Lutz] Güllner and all the European country representatives stationed in Taiwan. Your hard work over the years has helped deepen Taiwan-Europe relations and brought about such fruitful cooperation. Thank you. This year we celebrate the 75th anniversary of the Schuman Declaration. In 1950, then-French Foreign Minister Robert Schuman proposed to create a European federation dedicated to preserving peace. The declaration symbolized a new flowering in the post-war era of democracy, unity, and cooperation. As we face the geopolitical challenges and drastic economic changes of today’s world, the Schuman Declaration still speaks to us profoundly. This year is also the 80th anniversary of the end of World War II in Europe. Moving forward, Taiwan will continue to advance cooperation with our democratic partners, and will join hands with Europe to build a partnership of even greater resilience and mutual trust. Europe is Taiwan’s third largest trading partner. It is also Taiwan’s largest source of foreign direct investment. Last year, bilateral trade between Taiwan and Europe totaled US$84.7 billion. This demonstrates our vibrant economic and trade ties and reflects the high levels of confidence our businesses have in each other’s markets and systems. We look forward to Taiwan and Europe further establishing institutionalized mechanisms for our trade and investment ties. And we hope to take an innovative and diverse approach to sign an economic partnership agreement with the EU, to provide a more transparent, stable, and predictable business environment for our enterprises. Today’s Taiwan has an internationally recognized democracy and a semiconductor industry vital to global security and prosperity. This enables us to play a key role in restructuring global democratic supply chains and the economic order. In particular, we see supply chains dominated by a new authoritarian bloc expanding their influence through non-market mechanisms, price subsidies, and monopolies on resources, as they seek global control of critical technologies and manufacturing capabilities. Their actions not only distort principles of market fairness, but also threaten the international community’s basic expectations for democracy, the rule of law, and corporate responsibility. In response, Taiwan will actively work alongside other democracies, including those in Europe, to jointly build resilient, promising non-red supply chains. We will also introduce an initiative on semiconductor supply chain partnerships for global democracies. This is more than a proposal for economic cooperation; it is an alliance of shared values and advanced technology. Security in the Taiwan Strait and regional peace and stability have always been issues of mutual interest for Taiwan and Europe. So here today, on behalf of all the people of Taiwan, I would like to thank the EU and European nations for continuing to take concrete actions in public support of peace and stability across the strait. Such actions are vital to regional security and prosperity. Taiwan will continue to bolster itself to achieve real peace through strength, and will work with democratic partners to safeguard freedom and democracy, thereby showing our determination for regional peace. At this critical time, Taiwan and Europe have endless potential for collaboration, whether it’s in safeguarding freedom and democracy or advancing our economic and trade relationship. I look forward to our joining hands at this strategic juncture to further strengthen our partnership and work together toward global peace, stability, and prosperity. Also in attendance at the event was British Office Taipei Representative Ruth Bradley-Jones.

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News –

  • RBI pegs India’s GDP growth at 6.5% for 2025-26

    Source: Government of India

    Source: Government of India (4)

    The Reserve Bank of India (RBI) has projected India’s Gross Domestic Product (GDP) growth at 6.5 per cent for 2025-26, with domestic economic activity showing resilience on the back of a strong agriculture sector, industry picking up, and the services sector expected to maintain momentum.

    The quarterly growth rates projected for the financial year are: Q1 at 6.5, Q2 at 6.7, Q3 at 6.6 and Q4 at 6.3 per cent.

    “The provisional estimates released by the National Statistical Office (NSO) placed India’s real GDP growth in 2024-25 at 6.5 per cent. During 2025-26 so far, domestic economic activity has exhibited resilience. The agriculture sector remains strong. With a very good harvest in both the kharif as well as rabi cropping seasons, the supply of major food crops is comfortable. The reservoir levels remain healthy. The highest procurement of wheat in the last four years provides a comforting stock position,” RBI Governor Sanjay Malhotra said on Friday.

    Industrial activity is gradually increasing, even though the pace of recovery is uneven. The services sector is expected to maintain momentum. Purchasing Managers’ Index (PMI) services stood strong at 58.8 in May 2025, indicating robust expansion in activity, he pointed out.

    The RBI Governor stated that on the demand side, private consumption, the mainstay of aggregate demand, remains healthy, with a gradual rise in discretionary spending. Rural demand remains steady, while urban demand is improving. Investment activity is reviving as reflected by high-frequency indicators.

    Merchandise exports recorded a strong growth in April 2025 after a lacklustre performance in the recent past. Non-oil, non-gold imports posted a double-digit growth, reflecting buoyant domestic demand conditions. Services exports continue on a strong growth trajectory, he explained.

    Malhotra further stated that going forward, the outlook for the agriculture sector and rural demand is expected to receive further impetus from the expected above-normal southwest monsoon rainfall. On the other hand, sustained buoyancy in services activity should nurture revival in urban consumption.

    The government’s continued thrust on capex, elevated capacity utilisation, improving business optimism, and easing financial conditions should help further revive investment activity, he observed.

    Trade policy uncertainty, however, continues to weigh on merchandise exports prospects, while the conclusion of a free trade agreement (FTA) with the United Kingdom and progress with other countries should provide a fillip to trade in goods and services, the RBI Governor pointed out.

    He also said that spillovers emanating from protracted geopolitical tensions, global trade and weather-related uncertainties pose downside risks to growth.

    (IANS)

  • Trump and Xi agree to more talks as trade disputes brew

    Source: Government of India

    Source: Government of India (4)

    U.S. President Donald Trump and Chinese leader Xi Jinping confronted weeks of brewing trade tensions and a battle over critical minerals in a rare leader-to-leader call on Thursday that left key issues to further talks.

    During the more than one-hour-long call, Xi told Trump to back down from trade measures that roiled the global economy and warned him against threatening steps on Taiwan, according to a Chinese government summary.

    But Trump said on social media that the talks focused primarily on trade led to “a very positive conclusion,” announcing further lower-level U.S.-China discussions, and that “there should no longer be any questions respecting the complexity of Rare Earth products.”

    He later told reporters: “We’re in very good shape with China and the trade deal.”

    The leaders also invited each other to visit their respective countries.

    The highly anticipated call came in the middle of a dispute between Washington and Beijing in recent weeks over “rare earths” minerals that threatened to tear up a fragile truce in the trade war between the two biggest economies. It was not clear from either countries’ statements that the issue had been resolved.

    A U.S. delegation led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will meet with their Chinese counterparts “shortly at a location to be determined,” Trump said on social media.

    The countries struck a 90-day deal on May 12 to roll back some of the triple-digit, tit-for-tat tariffs they had placed on each other since Trump’s January inauguration.

    Though stocks rallied, the temporary deal did not address broader concerns that strain the bilateral relationship, from the illicit fentanyl trade to the status of democratically governed Taiwan and U.S. complaints about China’s state-dominated, export-driven economic model.

    Since returning to the White House in January, Trump has repeatedly threatened an array of punitive measures on trading partners, only to revoke some of them at the last minute. The on-again, off-again approach has baffled world leaders and spooked business executives.

    China’s decision in April to suspend exports of a wide range of critical minerals and magnets continues to disrupt supplies needed by automakers, computer chip manufacturers and military contractors around the world.

    Beijing sees mineral exports as a source of leverage – halting those exports could put domestic political pressure on the Republican U.S. president if economic growth sags because companies cannot make mineral-powered products.

    The 90-day deal to roll back tariffs and trade restrictions is tenuous. Trump has accused China of violating the agreement and has ordered curbs on chip-design software and other shipments to China. Beijing rejected the claim and threatened counter-measures.

    “The U.S. side should take a realistic view of the progress made and withdraw the negative measures imposed on China,” the Chinese government said in a statement summarizing Xi’s call with Trump published by the state-run Xinhua news agency. “Xi Jinping emphasized that the United States should handle the Taiwan issue prudently.”

    TOP RIVALS

    In recent years, the United States has identified China as its top geopolitical rival and the only country in the world able to challenge the U.S. economically and militarily.

    Despite this and repeated tariff announcements, Trump has spoken admiringly of Xi, including of the Chinese leader’s toughness and ability to stay in power without the term limits imposed on U.S. presidents.

    Trump has long pushed for a call or a meeting with Xi, but China has rejected that as not in keeping with its traditional approach of working out agreement details before the leaders talk.

    The U.S. president and his aides see leader-to-leader talks as vital to sort through log-jams that have vexed lower-level officials in difficult negotiations.

    Thursday’s call came at Trump’s request, China said.

    It’s not clear when the two men last spoke.

    Both sides said they spoke on Jan. 17, days before Trump’s inauguration and Trump has repeatedly said that he had spoken to Xi since taking office on Jan. 20. He has declined to say when any call took place or to give details of their conversation. China had said that the two leaders had not had any recent phone calls.

    The talks are being closely watched by investors worried that a chaotic trade war could disrupt supply chains in the key months before the Christmas holiday shopping season. Trump’s tariffs are the subject of ongoing litigation in U.S. courts.

    Trump has met Xi on several occasions, including exchange visits in 2017, but they have not met face to face since 2019 talks in Osaka, Japan.

    Xi last traveled to the U.S. in November 2023, for a summit with then-President Joe Biden, resulting in agreements to resume military-to-military communications and curb fentanyl production.

    (Reuters)

  • MIL-OSI: BW Energy: Fixed Income Investor Meetings 

    Source: GlobeNewswire (MIL-OSI)

    Fixed Income Investor Meetings 

    06 June 2025 

    BW Energy has engaged Pareto Securities as Global Coordinator together with Arctic Securities as Joint Bookrunners to arrange a series of fixed income investor meetings. Fearnley Securities and Sparebank1 Markets are acting as Co-Managers. Subject to inter alia market conditions and acceptable terms, a new senior unsecured bond issue of USD 300 million with a tenor of five years may follow. The purpose of the bond issue is for general corporate purposes. Holders of BWE01 bonds will be offered to roll-over their bonds into the new contemplated bond issue. 

    BW Group (76.5% shareholder and primary insider through Mr. Andreas Sohmen-Pao) has the intention to subscribe and be allocated USD 100 million in the new bond including roll-over of USD  38.5 million of their existing BWE01 bonds. CEO Carl Arnet will also subscribe and be allocated USD 2.5 million in the new bond including roll-over of USD 2 million of his existing BWE01 bonds.  

    For further information, please contact: 
    Brice Morlot, CFO BW Energy   
    +33.7.81.11.41.16 
    ir@bwenergy.no 

    About BW Energy: 

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025. 

    This information is considered inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Regine Andersen, 06 June 2025 

    The MIL Network –

  • MIL-OSI Asia-Pac: Gazettal of Notices for introduction of additional microchip formats for dog identification

    Source: Hong Kong Government special administrative region

    The Rabies Regulation (Amendment of Schedule 3) Notice 2025 (the Amendment Notice) and the Rabies (Transponders on Imported Dogs) (Exemption) Notice (the Exemption Notice) were published in the Gazette today (June 6). The Amendment Notice aims to introduce the International Organization for Standardization standard microchip (ISO microchip) containing the specific code of Hong Kong for dog identification purposes and as evidence that the dog has been vaccinated against rabies, while the Exemption Notice will exempt legally imported dogs from the need of implanting a microchip as mentioned above.
     
    A spokesman for the Environment and Ecology Bureau said, “Currently, many countries and places commonly use the ISO microchip. The Government will introduce an ISO microchip containing the specific code of Hong Kong in addition to the existing AVID microchip. Dogs in Hong Kong already implanted with the AVID microchip and dogs legally imported and implanted with the ISO microchip do not need to additionally implant the ISO microchip containing the specific code of Hong Kong. The new measure will further facilitate the movement of dogs into and out of Hong Kong while ensuring the source of the microchip could be traced.”
     
    To prevent and control rabies, the Rabies Regulation (Cap. 421A) requires keepers of dogs to ensure that their dogs are vaccinated against rabies, microchipped and licensed at the age of 5 months, and thereafter the dogs are to be revaccinated against rabies and have the licence renewed every three years. The Government has consulted the Panel on Food Safety and Environmental Hygiene of the Legislative Council and stakeholders, including licensed animal traders, animal welfare organisations, pet transport agents, veterinary clinics and animal organisations regarding the Notices and have obtained general support.
     
    The two Notices will be tabled by the Government before the Legislative Council at its sitting on June 11 for negative vetting, and will enter into force on August 1, 2025.

    MIL OSI Asia Pacific News –

  • MIL-OSI Australia: Award-Winning TV Creators Richard Gadd, Sally Wainwright and Soo Hugh Headline Future Vision 2025

    Source: AMP Limited

    06 06 2025 – Media release

    Richard Gadd, Sally Wainwright and Soo Hugh
    Australians in Film, in association with presenting partners Screen Australia and VicScreen, proudly announce the return of FUTURE VISION—Australia’s premier global television exchange for the world’s top creative minds—set to take place July 14–16 at ACMI, Australia’s national museum of screen culture in Melbourne.
    With the global screen industry in flux, FUTURE VISION enables Australia’s leading creatives to connect and forge smarter collaborations with each other and international partners as they collectively reflect, reimagine and reinvigorate the way stories are told.
    Three of the most powerful global voices in contemporary storytelling will headline the second annual event.

    Richard Gadd, the multi-Emmy, Golden Globe and Peabody-winning creator and star of the cultural phenomenon Baby Reindeer.
    Sally Wainwright, BAFTA award-winning creator and director of the critically acclaimed Happy Valley.
    Soo Hugh, Peabody-winning and BAFTA-nominated creator of the internationally lauded series Pachinko.

    Bruna Papandrea (Nine Perfect Strangers) and Tony Ayres (The Survivors), return as FUTURE VISION co-chairs, continuing their leadership at a time where strategic solutions have never been more important.
    With the international screen industry confronting global market contraction, regulatory uncertainty, and the rise of AI — FUTURE VISION 2025 will explore how creativity and strategic collaboration can guide the industry forward.
    This year’s theme, Optimism, builds upon last year’s focus on Courage, inviting attendees to reimagine what’s possible in this rapidly evolving media landscape.
    Papandrea and Ayres said, “We are so enormously thrilled to have three of our television heroes coming to FUTURE VISION this year. Richard Gadd, Sally Wainwright, and Soo Hugh are undoubtedly some of the most exciting television creators in the world today. They create unforgettable worlds and characters that explode onto our screens, and they are masters of their craft. We cannot wait to engage with them in Melbourne and bring their thinking and provocation to the thought leaders at home.”
    Richard Gadd said, “Events like FUTURE VISION are very important. They bring together people who care about pushing boundaries, taking risks, and telling stories that mean something.”
    Sally Wainwright said, “I’m delighted to have been asked to take part in FUTURE VISION and am looking forward hugely to talking telly with everyone. One of my absolute favourite shows of recent years was Deadloch. I loved it because it was as absurd as it was dark, which for me is always a winning combination. I’m thrilled to be able to visit where it was shot.”
    Soo Hugh said, “Throughout my career, I’ve been lucky to learn from extraordinary storytellers who taught me the power of vision and reminded me how deeply personal stories can resonate globally. I’m excited to attend FUTURE VISION – to listen, exchange ideas, and be inspired by voices that see the world a little differently.”
    FUTURE VISION will once again bring together drama and narrative comedy creators, writers, producers, commissioners, and development executives from Australia and across the globe for three days of cutting-edge conversation and strategic thinking:

    Monday, July 14 – OPEN DAY: A day open to established creatives, industry stakeholders, and curious minds. Also available via livestream for those who cannot make it to Melbourne.
    July 15–16 – INVITE-ONLY SESSIONS: Programming for top-tier writers, directors, producers, and commissioning executives.

    From keynote conversations to insightful case studies, FUTURE VISION offers an unprecedented opportunity for the industry to come together, think big, and shape the future of television.
    Screen Australia COO Grainne Brunsdon says: “Screen Australia is proud to be supporting FUTURE VISION once again. With Richard Gadd, Sally Wainwright and Soo Hugh to headline, the 2025 offering will be valuable for our Australian screen sector to come together and learn from key industry players on how we can continue to launch our stories onto a global stage. Considering our local industry is already one of innovation, strong community and resilience, we have good reason to get behind the event’s theme of Optimism.”
    Victorian Minister for Creative Industries Colin Brooks says, “Victoria’s screen industry has a strong track record of creating high-end television that captivates audiences across the globe. We’re proud to support the return of FUTURE VISION to Melbourne for another year. This event connects Australia’s leading screen storytellers with the creators of some the world’s most watched TV series. From global sensation Apple Cider Vinegar to forthcoming new series The Survivors, Victoria continues to be a global screen powerhouse.”
    Australians in Film Executive Director Peter Ritchie says; “There are real opportunities for the Australian screen sector globally, and we are so enormously grateful to our headline international guests, our co-Chairs, Screen Australia and VicScreen, all our industry partners, attendees and guests who are coming together so generously to prioritize a strategic approach to the ways we commission, develop and execute our Australian screen stories for international audiences.”
    FUTURE VISION is proudly supported by industry peers Walt Disney Company Australia & New Zealand, Netflix and Stan. Our Venue Partner is ACMI, our Official Hotel Partner is Sofitel Melbourne On Collins and our Supporting Partner is Scape.
    FUTURE VISION Media Enquiries
    Jane Lunn C/- LUNN &Co
    +61 402 248 811 | [email protected]
    Media enquiries
    Maddie Walsh | Publicist
    + 61 2 8113 5915  | [email protected]
    Jessica Parry | Senior Publicist (Mon, Tue, Thu)
    + 61 428 767 836  | [email protected]
    All other general/non-media enquiries
    Sydney + 61 2 8113 5800  |  Melbourne + 61 3 8682 1900 | [email protected]

    MIL OSI News –

  • MIL-OSI Canada: Prime Minister Carney speaks with Premier of China Li Qiang

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, spoke with the Premier of China, Li Qiang.

    The leaders exchanged views on bilateral relations, including the importance of engagement, and agreed to regularize channels of communication between Canada and China.

    The leaders also discussed trade between the two countries. They welcomed their trade ministers’ meeting this week, during which Canada and China agreed to convene the Joint Economic and Trade Commission (JETC) at an early date to address outstanding trade issues. Prime Minister Carney took the opportunity to raise trade irritants affecting agriculture and agri-food products, including canola and seafood, as well as other issues, with Premier Li.

    The leaders took note of recent bilateral engagement on fentanyl and other opioids, and committed their governments to working together to address the fentanyl crisis.

    Associated Link

    MIL OSI Canada News –