Category: Trade

MIL-OSI Canada: First Ministers’ statement on building a strong Canadian economy and advancing major projects
Source: Government of Canada – Prime Minister

“Today, Canada’s First Ministers met in Saskatoon, Saskatchewan, to build a stronger, more competitive, and more resilient Canadian economy. This marks the first time that a First Ministers’ Meeting has taken place in Saskatchewan in over 40 years.

“First Ministers expressed their deep concern regarding the wildfire situations across Canada, including in Manitoba, Saskatchewan, and Alberta, and pledged to continue to provide assistance and support to impacted provinces, territories, and Indigenous communities.

“First Ministers discussed the federal government’s plan to remove trade barriers and advance major projects of national interest, including by tabling their One Canadian Economy legislation, so Canada can be stronger at home and abroad.

“First Ministers agreed to work together to accelerate major projects in support of building a strong, resilient, and united Canada. As a first step, First Ministers discussed projects of national interest which fit the following criteria, subject to consultation with Indigenous Peoples whose rights may be affected:
- Strengthen Canada’s autonomy, resilience, and security.
- Offer undeniable benefits to Canada and support economic growth.
- Have a high likelihood of successful execution.
- Are a high priority for Indigenous leaders.
- Have clean growth potential, such as the use of clean technologies and sustainable practices.
“First Ministers also agreed to continue the discussion on projects of national interest, working with provincial and territorial governments.

“This is a first step in implementing a broader set of reforms to overhaul the project assessment process. A significantly improved, streamlined project assessment process is necessary for Canada to grow its economy to become the strongest in the G7 and a global energy superpower.

“First Ministers are committed to immediately begin to address project approval and permitting efficiency and timelines for all projects. Premiers welcomed the Prime Minister’s commitment to ensuring all federal assessment decisions are rendered within two years, beginning with projects of national interest. First Ministers also agreed to work toward efficiently and effectively implementing ‘one project, one review’ with the goal of a single assessment for all projects, in a manner that respects federal, provincial, and territorial jurisdiction, enhancing co-ordination activities on permitting and eliminating duplication. This will help kickstart economic growth and ensure that projects get built in a timely manner. First Ministers pledged to fulfil the Crown’s duty to consult with Indigenous Peoples and discussed ways to strengthen Indigenous ownership and partnerships to provide Indigenous communities with generational economic opportunities.

“Nation-building infrastructure and corridors, such as highways, railways, ports, airports, pipelines, nuclear projects, clean and conventional energy projects, and electricity transmission systems, are crucial for driving Canadian productivity growth, energy security, and economic competitiveness. First Ministers agreed that Canada must work urgently to get Canadian natural resources and commodities to domestic and international markets, such as critical minerals and decarbonized Canadian oil and gas by pipelines, supported by the private sector, that provide access to diversified global markets, including Asia and Europe. First Ministers also agreed to build cleaner and more affordable electricity systems to reduce emissions and increase reliability toward achieving net zero by 2050. In order to generate economic and social benefits, this work must be done by bringing together the right conditions, including Indigenous equity and participation, and deferring to provincial and territorial environmental assessments, where applicable.

“First Ministers also discussed needed investments in dual-use infrastructure in Northern and Arctic communities that will address Canada’s Arctic sovereignty and security goals, meet local community needs, advance national energy independence, and unlock the North’s economic potential. Indigenous equity and participation will be pivotal to the success of these projects. Premiers acknowledged the federal commitment to move quickly to improve Canada’s defence capabilities and meet international spending targets.

“Through recent federal, provincial, and territorial efforts and actions led by the Committee on Internal Trade and the Forum of Labour Market Ministers, significant progress has been made toward removing internal trade barriers and further facilitating the movement of goods, services, and workers across the country. Recognizing there is more work to do, First Ministers committed to unlock multilateral, economy-wide mutual recognition and labour mobility, while respecting Québec’s specificity. First Ministers directed the Committee on Internal Trade to rapidly conclude a comprehensive Mutual Recognition Agreement covering consumer goods, in alignment with the Committee on Internal Trade discussions, with implementation by December 2025. In addition, they directed their Ministers of Transport to work together to rapidly expand the trucking pilot. They also agreed to a 30-day service standard for pan-Canadian credential recognition.

“First Ministers also stressed the importance of creating a new economic and security relationship with the United States to remove the unjustified American tariffs – including longstanding unjustified duties on softwood lumber – and create a more stable and predictable trade environment. They underscored they all have a role to play to achieve this.

“The federal government committed to working urgently to remove Chinese tariffs on Canadian agriculture and seafood products. First Ministers emphasized the critical importance of regular and ongoing engagement with China at the highest level to improve the overall trade relationship. In the face of ongoing tariffs, they also discussed opportunities to diversify trade and broaden market access for Canadian exporters.

“First Ministers emphasized the importance of joint efforts to maintain safe and secure communities, including by enhancing the criminal justice system through meaningful and urgent bail and sentencing reforms supporting law enforcement, addressing delays in the criminal justice process, and reviewing risk assessment for sentencing and release of repeat sex offenders and individuals charged with intimate partner violence and gender-based violence crimes. First Ministers recognized the devastating impact the toxic illegal drug supply is having on Canadian communities and committed to dismantling the illicit drug trade, including fentanyl and its precursors. First Ministers directed federal-provincial-territorial Attorneys General and Ministers of Justice and Public Safety to bring forward an action plan to promote safe and vibrant communities for consideration at a future meeting.

“First Ministers agreed to continue to work collaboratively and address the priorities of all Canadians in every region of the country. To that end, they will meet regularly to drive action on shared priorities vital to Canada’s security and economic resilience.”

MIL OSI Canada News –
June 3, 2025
MIL-OSI Russia: Denis Manturov launched the first production of a vital chemical component in Russia

Translation. Region: Russian Federal

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

During a working visit to the Nizhny Novgorod Region, First Deputy Prime Minister Denis Manturov launched the first production of silica gels and silica sols in Russia and visited the First Weaving Factory.

The ceremonial launch of the production was also attended by Deputy Governor of the Nizhny Novgorod Region Andrey Sanosyan and Chairman of the Board of Directors of JSC GC Titan Mikhail Sutyaginsky. GC Titan has commissioned a unique industrial production of silica gels and silica sols for Russia with a total capacity of 18 thousand tons per year on the territory of the Kulibin SEZ in Dzerzhinsk. The holding’s new project is being implemented by RusSilika. The total investment in the project amounted to 21 billion rubles, of which 5 billion rubles were provided by the Industrial Development Fund. Its implementation allowed the creation of more than 200 new jobs.

Silica gels and silica sols are widely used in more than 30 industries. The products are included by the Ministry of Industry and Trade of Russia in the list of priority projects for the production of small- and medium-tonnage chemicals, which have a comprehensive impact on the development of related industries. Denis Manturov noted that the first stone in the foundation of the RusSilika plant was laid exactly two years ago. It was planned that the launch of production would take place at the end of 2025, today the enterprise is starting its work ahead of schedule.

“I would like to especially note that silica gel has not been produced in industrial quantities in Russia until now. Thus, the plant is fully provided with demand. Moreover, the products have a large export potential, due to which an investment decision has already been made on further expansion of production. I am confident that with the support of the federal government and the administration of the Nizhny Novgorod region, all plans will be implemented. This fully meets the task of achieving technological sovereignty in the chemical industry. As you know, this is the goal of the specialized national project. And the Titan group of companies is actively participating in the recreation of the line of basic chemical products,” said the First Deputy Prime Minister.

Denis Manturov also congratulated the company’s employees on the 95th anniversary of Dzerzhinsk.

During a visit to the First Weaving Factory in the Volodarsk Advanced Social and Economic Development Area, the First Deputy Prime Minister was introduced to the technology for producing fabric for roller blinds, which was first mastered in Russia by order of a Belarusian customer. For this purpose, a Russian chemical industry enterprise specially developed a set of chemical preparations.

With the support of the Industrial Development Fund and the Government of the Nizhny Novgorod Region, a large-scale investment project on import substitution in the light industry has been implemented. This is the first full-cycle textile production facility in Russia for the production of wide woven and knitted fabrics made of synthetic and blended yarns of its own production, fully equipped with advanced equipment. The investment volume exceeded 3.3 billion rubles. The manufactured products can be used in the work of enterprises in the light and chemical industries, in mechanical engineering. The factory’s capacity allows for the production of up to 11 million linear meters of finished products per year.

At the moment, the investor has already started developing the project for the second stage of the factory, focused on the first production of polyester fiber and threads in Russia using the direct molding method from domestic raw materials. The production will be equipped with advanced equipment, the capacity for the production of finished products will be 130 thousand tons per year. The plans include increasing the number of employees to 350 people, as well as increasing labor productivity through automation and digitalization.

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 –

June 3, 2025
MIL-OSI Russia: On June 3, Mikhail Mishustin will take part in the exhibition “CIPR-2025”

Translation. Region: Russian Federal

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

On June 3, Mikhail Mishustin will speak at the plenary session of the 10th CIPR conference – “Digital Independence of Industrial Russia” and will view the exhibition exposition.

The event will be attended by First Deputy Prime Minister Denis Manturov, Deputy Prime Minister – Chief of the Government Staff Dmitry Grigorenko, Minister of Industry and Trade Anton Alikhanov, and Minister of Digital Development, Communications and Mass Media Maksut Shadayev.

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 –

June 3, 2025
MIL-OSI United Nations: Deputy Secretary-General’s remarks at the 2025 Ibrahim Governance Weekend [as delivered]

Source: United Nations secretary general

Let me begin by thanking the Kingdom of Morocco and the Mo Ibrahim Foundation for convening us once again in the great city of Marrakech.

This platform has become much more than an annual event. In a world where clarity is often lost, what does true governance look like today?

The Mo Ibrahim Foundation reminds us that integrity and transparency still matter.

That governance must serve the people, not power.

Excellencies,

We meet today at a pivotal moment.

We have five years left to keep our promise on the 2030 Agenda for Sustainable Development.

And this year marks the start of the second Ten-Year Implementation Plan of Agenda 2063 — Africa’s blueprint for transformation.

Together, these milestones demand urgency, action and above all, leadership that delivers.

Yet we gather in the midst of a turbulent global landscape, a world in crisis from every angle: the climate emergency, conflicts old and new, rising inequality, crushing debt, backsliding on human rights, and a worrying trend of narrowing civic space and democratic erosion worldwide.

Across too many societies, the rule of law is being weakened, replaced by the rule of force. We are witnessing a world of growing impunity, where leadership is increasingly unaccountable and public trust is under strain.

Africa is not immune to these pressures. But it is also not defined by them. In fact, Africa is responding with agency, with determination, innovation, and visionary leadership.

Still, progress is being made. Across the continent, we see shining examples of good governance, vibrant civic engagement, institutional resilience, and genuine socio-economic advancement.

But let us be clear, the gap between what is possible and the lived reality is far too wide. Leaders and institutions must be responsive to people and measured by their tangible impact on people’s lives, not merely by their existence.

And when governance falls short, it is often women and children who bear the greatest burdens, especially during conflict and crisis. Yet, time and again, it is these very women who step up, leading peacebuilding efforts, rebuilding fractured communities, and holding societies together.

Their suffering must be acknowledged. Their leadership must be celebrated. And where governance has failed to protect them, accountability must follow.

Africa’s economic transformation will not be a gift from outside; it will be kindled from within.

By unlocking intra-African trade.

By adding value domestically and investing meaningfully in Africa’s greatest resource – its people.

This must be a new era of trade and economy, built on inclusion, youth-led innovation, and fair access to markets.

And no conversation on governance is complete without Africa’s greatest asset, its young people.

They are not waiting for permission.

They are building movements, sharing innovations that are changing lives, and leading by example.

We must stop treating youth as the future and recognize them as leaders of today. This intergenerational transition is already underway, and we must support it with intent to accelerate it.

But none of this is possible without resources. Africa is paying the highest price to borrow, at a time when investments in development and resilience are most critical.

Yet, these investments cannot succeed in a vacuum. They require strong, inclusive, and accountable institutions, the kind envisioned in SDG 16, to deliver justice, ensure participation, and uphold the rule of law.

We need a system that supports public investment, protects fiscal space, and enables development. A system that delivers debt relief, clamps down on illicit flows, and taxes multinational profits fairly.

Because development cannot be top-down. It must be rooted in people’s agency — and built on institutions that reflect their voice, protect their rights, and serve the public good.

This is what leadership must look like in our time.

The United Nations remains steadfast in its commitment to supporting Africa’s development priorities- advancing the SDGs, operationalizing the Pact for the Future, and mobilizing resources through the SDG Stimulus.

We work hand-in-hand with the African Union as we jointly implement Agenda 2063 and the African Continental Free Trade Area.

Together, we are advancing youth empowerment, gender equality, economic transformation, and peacebuilding. And we are ready to support bold, African-led reforms rooted in justice, sustainability, human rights and shared prosperity.

Friends,

So let us meet this moment. Let us govern differently, with integrity, with inclusion, and with an intergenerational purpose.

Let us reclaim governance as a force for dignity, equity, and lasting peace.

Let us act in ways that respond to people’s needs, uphold their rights, and restore their trust.

Africa is not waiting, and the world must catch up.

Let’s rise to that challenge together.

Thank you.

MIL OSI United Nations News –

June 3, 2025
MIL-Evening Report: Trump’s steel tariffs are unlikely to have a big impact on Australia. But we could be hurt by what happens globally

Source: The Conversation (Au and NZ) – By Scott French, Senior Lecturer in Economics, UNSW Sydney

Shestakov Dymytro/Shutterstock

Just one day after the US Court of Appeals temporarily reinstated the Trump Administration’s Liberation Day tariffs of between 10% and 50% on nearly every country in the world, Trump announced tariffs on all US imports of steel and aluminium will increase from 25% to 50%.

He told the rally of steel workers in Pennsylvania the increase would come into effect Wednesday US time.

Trump said the increase “will even further secure the steel industry in the United States.” But Australia’s trade and tourism minister, Don Farrell, called them “unjustified and not the act of a friend” and “an act of economic self-harm that will only hurt consumers and businesses who rely on free and fair trade.”

There was hope Australia would obtain an exemption from the original tariffs introduced in February. But it now seems clear Trump is intent on applying the tariffs across the board. And, unlike the Liberation Day tariffs, these are unlikely to face significant legal challenges.

So, how will the steel tariffs affect Australians? To understand this, it is important to understand how it will affect the US and its other trading partners.

The direct effect will be small

As with the original 25% tariffs, the direct effect on Australian steel and aluminium producers will not be profound.

Only about 10% of Australia’s steel and aluminium exports, and less than 1% of its overall production, goes to the US. Australia’s own BlueScope Steel’s North Star mill in Ohio is actually set to benefit from the tariffs.

But most Australians will feel the effects of the tariffs through the indirect effects on US manufacturing and America’s trading partners.

Impact on the US

We know a lot about how US manufacturing will be affected because this has all happened before. In 2002, George W. Bush imposed tariffs of 8%-30% on steel products, before withdrawing them less than two years later. And Trump imposed tariffs of 25% on steel and 10% on aluminium in his first term.

Research has shown the tariffs did slightly increase US metal production but at great cost. In addition to increasing prices for US consumers, as tariffs typically do, the Bush steel tariffs reduced overall employment, as manufacturers that use steel as an input laid off workers or went out of business.

Further, while these tariffs were only in place for a short time, the affected US industries took years to recover, and many never have.

The same thing happened with the tariffs from Trump’s first term, where any gains in steel and aluminium production were more than offset by losses in metal-consuming industries.

For Australians, this means many products we buy from the US are going to get more expensive. This includes vehicles and aircraft as well as machinery and medical equipment used by Australian producers. And if the past is a guide, many products will simply become unavailable.

Effects on trading partners

While Australia does not export large amounts of steel and aluminium to US, other countries do. The higher tariffs will further depress the Canadian and Mexican metals industries, which can affect Australian industry in several ways.

First, if North American consumers are buying less of everything, that reduces demand for Australia’s exports, both directly and indirectly as the reduced spending makes is way down the supply chain.

Australia exports very little steel to the US so is less likely to be hurt by the direct impact of the tariffs.
IndustryViews/Shutterstock

Second, the affected metals manufacturers will look for other markets for their products. Canada is not likely to flood Australia with cheap aluminium, but it may, for example, displace some of our exports to South Korea. And this is happening as the OECD is warning of excess steel capacity, driven in part by China’s outsized steel subsidies.

But this is not all bad news for Australians. While local steel and aluminium producers will suffer from the diversion of supply from the US, a temporary fall in prices would offer some relief after the post-pandemic rise in building and infrastructure costs.

Retaliatory tariffs

On top of all these effects are the effects of retaliatory tariffs by other countries, as the EU has already threatened. Like the US tariffs, these tariffs will make consumers on both sides poorer, reducing demand for Australian exports. But they will open new markets as well. For example, China’s retaliatory tariffs on US almonds have caused a boom in Australian exports.

The big question for Australia is how this will affect the price of iron ore, by far our largest export. So far, we have not seen major price swings. But if the latest salvo in Trump’s trade war causes the global economy to slow significantly, or if China backs off its steel subsidies, this could change.

State of uncertainty

And perhaps the most significant impact of the latest change in US tariff policy is the effect of ongoing uncertainty over US and global trade policy. Trade policy uncertainty reduces international trade flows and chills business investment.

Whether a business is considering a venture dependent on an input that will be affected by tariffs or, like BlueScope’s Ohio steel mill, might stand to benefit from US tariffs, the uncertainty over what the policy will be tomorrow, let alone five years from now, will make any company hesitant to commit major funds.

A case in point is Whyalla Steelworks, which has received a $2.4 billion rescue package and is currently in administration and seeking a buyer.

With Donald Trump able to upend the global steel industry again at any moment, buyers will be thinking twice before investing billions of dollars, which is bad news for nearly everyone, not least of which the residents of Whyalla, who await the fate of a major local employer.

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

– ref. Trump’s steel tariffs are unlikely to have a big impact on Australia. But we could be hurt by what happens globally – https://theconversation.com/trumps-steel-tariffs-are-unlikely-to-have-a-big-impact-on-australia-but-we-could-be-hurt-by-what-happens-globally-257959

MIL OSI Analysis – EveningReport.nz –

June 3, 2025
MIL-OSI: 21Shares Announces 3-for-1 Share Split for ARK 21Shares Bitcoin ETF (ARKB)

Source: GlobeNewswire (MIL-OSI)

NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) — 21Shares US LLC (“21Shares”), an affiliate of 21Shares AG, one of the world’s largest issuers of crypto exchange traded funds (“ETFs”), today announced a 3-for-1 share split for its flagship fund ARK 21Shares Bitcoin ETF (ARKB). This move is designed to make shares more accessible to a broader base of investors and enhance trading efficiency.

The share split is expected to be effective at market open on June 16, 2025. Following the split, the fund’s shares will continue to trade under the ticker symbol “ARKB” under the same CUSIP, and the total net asset value (NAV) of ARKB will not change as a result of the split. The investment objective, strategy, and underlying holdings of the fund remain unchanged.

Fund name Ticker CUSIP Split
Ratio Record
Date Pay Date Ex-Date

ARK 21Shares
Bitcoin ETF ARKB 409191022 3:1 June 12,
2025 June 13,
2025 June 16,
2025

ARKB is a physically-backed Bitcoin ETF that seeks to track the performance of Bitcoin as measured by the performance of the CME CF Bitcoin Reference Rate – New York Variant. The fund is designed to offer investors regulated access to the world’s largest cryptocurrency.

For more information on ARKB, please visit https://www.21shares.com/en-us/product/arkb.

About 21Shares

21Shares AG, an affiliate of 21Shares US LLC, the sponsor to the ARK 21Shares Bitcoin ETF (ARKB), is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com

Contact: matteo.valli@21shares.com

Important Information

The information provided does not constitute a prospectus or other offering material and does not contain or constitute an offer to sell or a solicitation of any offer to buy securities or financial instruments in any jurisdiction, including the United States. Some of the information published herein may contain forward-looking statements. Such forward-looking statements include, but are not limited to, statements about the stock split, and are subject to risks, uncertainties and other factors beyond ARKB’s control, including those risks set forth in ARKB’s annual report on Form 10-K and subsequent SEC filings. The information contained herein may not be considered as economic, legal, tax, or other advice and viewers are cautioned not to base investment or any other decisions on the content hereof.

The MIL Network –

June 3, 2025
MIL-OSI USA: Alford Requests Report Reviewing Biden Administration’s Use of Race-Based Criteria in Relief for Farmers

Source: United States House of Representatives – Representative Mark Alford (Missouri 4th District)

Following groundbreaking investigative reporting from NewsNation, Congressman Mark Alford (MO-04) sent a letter to the U.S. Department of Agriculture (USDA), the USDA’s Inspector General (IG), and the Government Accountability Office (GAO), requesting a report within 90 days on the Biden Administration’s continued use of race-based, DEI criteria in loan relief programs for farmers, even after a federal court ruled it unconstitutional.

Read the full letter here or below:

“Dear Secretary Rollins, Comptroller General Dodaro, and Inspector General Sorensen,

“I am writing to urgently request a review of Diversity, Equity, and Inclusion (DEI) policies in United States Department of Agriculture (USDA) programs authorized by the Biden Administration. As first reported by NewsNation, socially disadvantaged farmers were provided additional loan relief in Section 1005 of the American Rescue Act. Picking winners and losers within American Agriculture is a disservice to both consumers and producers and deserves immediate attention. Simply put, this is racial discrimination.

“Specifically, Section 1005 provides funding for the USDA to pay off outstanding farm loan debts of up to 120 percent for socially disadvantaged farmers and ranchers. As defined in Section 2501(a) of the Food, Agriculture Conservation and Trade Act of 1990, ‘socially disadvantaged farmer or rancher’ means a farmer or rancher who is a member of a socially disadvantaged group, essentially ensuring white farmers could not receive loan forgiveness.

“As a result, several Caucasian farmers sued in federal court alleging that this provision was race-based and unconstitutional. Even though the federal court judge agreed that constitutional harm was found, the Biden Administration’s USDA did not cease their wrongful and racial distribution of assistance. In fact, the administration turned toward the Inflation Reduction Act (IRA) to continue offering assistance specifically for farmers with socially disadvantaged status. This is outrageous and any program based on race is inherently unconstitutional, racist, and wrong. Our nation’s farmers work sunup to sundown to feed, fuel and clothe the world, regardless of the color of their skin, and none of them deserve this type of discrimination.

“I am proud of the steps President Trump and his administration have taken and continue to take to eliminate DEI from our government. Which is why it is of the upmost importance we investigate these programs and their implications on American farmers. I implore you to complete a report outlining the scope of socially disadvantaged farmer programs under the Biden administration, their geographical reach, and their financial impact within 90 days.

It is essential that this egregious overreach never occurs again. Our farmers and ranchers should be empowered as the backbone of America.”

###

MIL OSI USA News –

June 3, 2025
MIL-OSI Canada: Tribunal Continues Order—Thermoelectric Containers from China

Source: Government of Canada News (2)

Ottawa, Ontario, June 2, 2025—The Canadian International Trade Tribunal today continued its order made on September 5, 2019, in expiry review RR‑2018‑004, concerning the dumping and subsidizing of certain thermoelectric containers originating in or exported from China.

The Tribunal found that the expiry of the order was likely to result in injury. As such, the Tribunal continued its order. The Canada Border Services Agency will therefore continue to impose anti‑dumping and countervailing duties on these products.

The Tribunal is an independent quasi-judicial body that reports to Parliament through the Minister of Finance. It hears cases on dumped and subsidized imports, safeguard complaints, complaints about federal government procurement and appeals of customs and excise tax rulings. When requested by the federal government, the Tribunal also provides advice on other economic, trade and tariff matters.

MIL OSI Canada News –

June 3, 2025
MIL-OSI Africa: Mining in Motion Kicks Off in Ghana with Calls to Reimagine African Mining

Source: Africa Press Organisation – English (2) – Report:

ACCRA, Ghana, June 2, 2025/APO Group/ —

Ghana’s President John Mahama officially opened the Mining in Motion 2025 summit in Accra, calling for greater investment across the downstream value chain. Citing the need to reimagine mining in Africa, President Mahama underscored the value of the downstream mining industry in building resilient and diversified economies across the continent.

Rich in a variety of mineral resources, Africa is well-positioned to leverage its mining industry and the growing global demand for critical minerals to drive long-term and sustainable economic growth. According to President Mahama, the continent “is rich in gold, bauxite, lithium, cobalt and other rare earth minerals. Our continent holds 90% of global platinum reserves, 79% of phosphate rocks and over half of the world’s manganese. Mining contributes substantially to our GDP and employment; but it has not transformed the lives of our citizens as it should.”

As such, Ghana is implementing a series of initiatives to strengthen the downstream value chain, aiming to bolster employment opportunities, formalize small-scale mining and support revenue generation.

“We will be investing in the downstream value chain. We must integrate mining into the broader economic framework – that is how we build resilient and diversified economies. We believe there should be increased participation by Ghanians in exploiting our mineral wealth. We welcome investors to partner with us,” President Mahama added.

Insights from industry leaders affirmed the role Ghana’s mining industry continues to play in the country’s economy. Delivering a welcome address, Otumfuo Osei Tutu II, King of the Asante Kingdom, highlighted the role of traditional authorities in empowering artisanal and small-scale miners to ensure the sector enhances its contribution to industry growth.

“Gold, diamonds and critical minerals represent the best option for sustainable growth for Africa. They are the economic health of economies,” stated King Tutu II, adding that “We have an opportunity to use policies to address industry problems. The Gold Board presents an opportunity for new investments to come in.”

Ghana’s mining industry accounts for approximately 12% of the country’s GDP. The industry also accounts for the highest employment in the country. Looking ahead, Ghana seeks to consolidate its position as a regional mining hub, utilizing platforms such as the African Continental Free Trade Area (AfCFTA) to accelerate regional trade and exports. Wamkele Keabetswe Mene, Secretary General of the AfCFTA, spoke about best practices to enhance regional gold trading and cooperation to bolster mining sector expansion.

According to Mene, to address mining sector challenges, it is imperative to enhance digitalization to reduce transaction costs and enhance traceability and financial inclusion. He added that the Mining in Motion 2025 summit is timely, given the African Union adoption of its Digital Protocol in February. The protocol aims to use digitalization mechanisms such as gold tokenization to drive sustainability, poverty eradication and to create jobs.

“There are challenges to economic growth such as nationalization of resources and trade wars. Africa must respond to these challenges. AfCFTA provides an opportunity to create a [regional] market and achieve the African Union’s Agenda 2063 of economic integration,” stated Mene.

Organized by the Ashanti Green Initiative – led by Oheneba Kwaku Duah, Prince of Ghana’s Ashanti Kingdom – in collaboration with Ghana’s Ministry of Lands and Natural Resources, World Bank, and the World Gold Council, with the support of Ghana’s Ministry of Lands and Natural Resources, the summit offers unparalleled opportunities to connect with industry leaders.

MIL OSI Africa –

June 3, 2025
MIL-OSI Economics: Nicaragua 101st WTO member to formally accept Agreement on Fisheries Subsidies

Source: WTO

Headline: Nicaragua 101st WTO member to formally accept Agreement on Fisheries Subsidies

DG Okonjo-Iweala said: “WTO members’ adoption of this landmark Agreement in 2022 set us on a more sustainable path toward restoring the abundance and vitality of our oceans. The next step is the Agreement’s entry into force. With Nicaragua’s formal acceptance of the Agreement on Fisheries Subsidies, we are closer than ever to getting there. We now need just 10 more acceptances to cross the finish line!
This 101st acceptance opens the door for the WTO Fish Fund to open a call later this week for developing and least developed WTO members to submit proposals and funding requests for the technical assistance and capacity building they may need to implement the Agreement”, she added.
Ambassador Bohorquez Palacios said: “Our acceptance of the Agreement on Fisheries Subsidies reaffirms Nicaragua’s support for the rules-based multilateral trading system and our commitment to international efforts to promote the sustainable use of marine resources. As a country bordered by two oceans, Nicaragua recognizes the importance of the blue economy and has always been committed to marine life. We look forward to continuing to work with all WTO members to ensure entry into force of this historic Agreement and its effective implementation.”
Formal acceptances from two-thirds of WTO members are required for the Agreement to enter into force – representing 111 members. The list of the 101 current instruments deposited with the WTO is available here.
At the WTO’s 12th Ministerial Conference (MC12) held in Geneva in June 2022, ministers adopted by consensus the Agreement on Fisheries Subsidies, setting new, binding, multilateral rules to curb harmful fisheries subsidies. The Agreement prohibits subsidies for illegal, unreported and unregulated fishing, for fishing overfished stocks, and for fishing on the unregulated high seas. Ministers also recognized the needs of developing economies and least-developed countries by establishing a fund to provide technical assistance and capacity-building to help governments which have formally accepted the Agreement implement the new obligations.
WTO members also agreed at MC12 to continue negotiating on remaining fisheries subsidies issues. The objective is to find consensus on additional provisions to further strengthen the disciplines on fisheries subsidies.
Information for members on how to accept the Protocol of Amendment is available here.

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MIL OSI Economics –

June 3, 2025
MIL-OSI Europe: Answer to a written question – US trade tariffs: measures to support the Greek fruit processing industry – E-001530/2025(ASW)
Source: European Parliament
The EU recently adopted countermeasures against the United States (U.S.) tariffs on steel and aluminium[1] but suspended those for 90 days[2] to allow sufficient space and time for negotiations towards a mutually satisfactory solution. Should these negotiations not be successful, the adopted countermeasures can automatically enter into force.

The EU also continues preparatory work for possible further proportionate countermeasures in response to other additional U.S. import tariffs.

The EU also has at its disposal internal measures to address impacts on EU agricultural producers from situations of market disturbance, including for Greek fruit producers and processing industry.

M ore broadly, the Commission will continue to work on diversifying trade with other partners than the U.S.

Regarding possible trade diversion from China caused by the U.S. tariffs, the Commission is monitoring imports closely to ensure that it detects in good time any potential increase in imports due to trade diversion.

An Import Surveillance Task Force is set up for this purpose. Should there be any noticeable increase in Chinese imports, the EU will be ready to respond appropriately.

U nder the EU-Türkiye trade regime for agricultural products, Türkiye’s liberalisation of agricultural trade towards the EU remains indeed more limited than the EU’s liberalisation towards Türkiye.

A key objective of modernising the Customs Union with Türkiye would be to achieve mutually enhanced market access for trade in agricultural products. However, progress on this modernisation has been stalled when the Council ceased work on it in 2018.

[1] Commission Implementing Regulation (EU) 2025/778 of 14 April 2025 on commercial rebalancing measures concerning certain products originating in the United States of America and amending Implementing Regulation (EU) 2018/886, OJ L, 2025/778, 14.4.2025, http://data.europa.eu/eli/reg_impl/2025/778/oj.

[2] Commission Implementing Regulation (EU) 2025/786 of 14 April 2025 suspending commercial rebalancing measures concerning certain products originating in the United States imposed by Implementing Regulation (EU) 2025/778 and amending Implementing Regulation (EU) 2023/2882, OJ L, 2025/786, 14.4.2025, http://data.europa.eu/eli/reg_impl/2025/786/oj.
Last updated: 2 June 2025
MIL OSI Europe News –
June 3, 2025
MIL-OSI Asia-Pac: Import of poultry meat and products from Maricopa County of State of Arizona in US suspended

Source: Hong Kong Government special administrative region

Import of poultry meat and products from Maricopa County of State of Arizona in US suspendedIssued at HKT 19:10

The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (June 2) that in view of a notification from the World Organisation for Animal Health (WOAH) about an outbreak of highly pathogenic H5N1 avian influenza in Maricopa County of the State of Arizona in the United States (US), the CFS has instructed the trade to suspend the import of poultry meat and products (including poultry eggs) from the area with immediate effect to protect public health in Hong Kong.

A CFS spokesman said that according to the Census and Statistics Department, Hong Kong imported about 12 290 tonnes of chilled and frozen poultry meat, and about 1.19 million poultry eggs from the US in the first three months of this year.

“The CFS has contacted the American authority over the issue and will closely monitor information issued by the WOAH and the relevant authorities on the avian influenza outbreak. Appropriate action will be taken in response to the development of the situation,” the spokesman said.

Ends/Monday, June 2, 2025
Issued at HKT 19:10

MIL OSI Asia Pacific News –

June 3, 2025

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

Source: IMF – News in Russian

June 2, 2025

Growth is expected to decelerate to 2.5 percent in 2025 and stabilize at 3 percent in the medium term as Cyprus shifts towards more investment-driven growth.
The fiscal surplus reached an impressive 4.3 percent of GDP in 2024, while public debt declined to 65 percent of GDP. Fiscal policy should continue to prioritize debt reduction to further build buffers against potential shocks.
The banking sector boasts substantial capital and liquidity buffers, with financial risks appearing well-contained. The recent tightening of the macroprudential policy stance, will further enhance these financial buffers.

Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Cyprus and endorsed the staff appraisal without a meeting.[1] The authorities have consented to the publication of the Staff Report prepared for this consultation.[2]

In 2024, Cyprus’s growth accelerated to 3.4 percent—one of the highest rates in the euro area (EA)—driven by a strong tourism season, continued Information and Communication Technology (ICT) sector expansion, and robust public and private consumption. While inflation has remained volatile, it has generally decreased, with headline inflation falling to 2.1 percent by March 2025. Fiscal performance continues to be very strong, with the fiscal surplus increasing to 4.3 percent of GDP in 2024, supported by robust tax revenues. As a result, public debt has declined to 65 percent of GDP by the end of 2024, while cash buffers remain large. Financial conditions remain tight, accompanied by subdued credit growth. Nevertheless, the banking sector possesses sizable capital and liquidity buffers, and overall banking sector risks appear contained.

Growth is expected to moderate to 2.5 percent in 2025 before reaching 3 percent in the medium term, driven by higher investment and structural reforms. Inflation is anticipated to hit the 2 percent target later this year, supported by moderating growth and lower oil prices. Near-term risks are tilted to the downside, including from elevated uncertainty from global trade tensions. In contrast, longer-term risks are more balanced, with risks on insufficient progress on structural reforms acting against the upside potential of Cyprus’s evolving business model.

Executive Board Assessment

In concluding the 2025 Article IV consultation with Cyprus, Executive Directors endorsed staff’s appraisal, as follows:

Cyprus has demonstrated remarkable economic resilience, with growth among the highest in the EA. This strong performance is underpinned by robust service exports and domestic consumption. The labor market remains tight, characterized by a declining unemployment rate and elevated job vacancy levels. While uncertainties persist, there are indications of potential overheating in the economy. This, along with tariff-related trade disruption, will lead growth to moderate this year. While volatile, inflation is projected to stabilize around 2 percent by the end of the year. The current account deficit is estimated to have moderated in 2024, but the external position is assessed to be weaker than the level implied by fundamentals.

The immediate outlook presents downside risks, while longer-term risks appear more balanced. An escalation of trade conflicts—particularly if this broadened to include services trade and FDI—poses an important downside risk. An escalation of regional tensions, and possible new energy price shocks, could affect FDI, tourism, and inflation. Domestically, there are concerns about further overheating, which may arise from a more accommodative fiscal policy. In the medium-to-long term, investment-driven growth will rely on continuous progress in structural reforms. On the upside, Cyprus’s agile and dynamic economy offers substantial potential for growth.

Cyprus’s strong fiscal position has reduced vulnerabilities. In 2024, the primary fiscal surplus reached 5.6 percent, fueled by significant revenue growth that more than compensated for increased public wages and social transfers. As a result, public debt decreased to 65 percent of GDP by the end of 2024, with substantial cash reserves supporting liquidity. This further increased resilience, built policy space for future shocks, and improved investor sentiment.

Fiscal policy should continue to prioritize debt reduction. Given overheating risks, it is crucial to avoid new discretionary measures that would ease fiscal policy and add to inflationary pressures. Instead, efforts should focus on reducing debt well below 60 percent of GDP, thereby ensuring a robust buffer against potential shocks. The authorities’ commitment to maintaining fiscal surpluses through 2028, as specified in the MTFSP under the new EU economic governance framework, supports this goal.

As spending pressures increase, careful management of fiscal space is essential. The financial commitments required for achieving climate and digital transitions will persist beyond the end of EU RRP funding. Additionally, an aging population will necessitate higher expenditures on pensions and healthcare, alongside other long-term expenditures. As a result, the scope for fiscal loosening in the medium term is constrained.

Public spending should emphasize investment while retaining flexibility in response to economic shocks. Capital expenditures should take precedence to enhance potential growth and facilitate the climate transition. At the same time, expanding current spending—such as increasing public wages, broadening subsidies, or introducing untargeted social programs—should be avoided. Specifically, the authorities should resist further increases to the COLA indexation or new ad-hoc salary increases to contain the existing substantial public-private wage gap and prevent additional pressure on real wage growth.

The banking sector boasts substantial capital and liquidity buffers, with financial risks appearing well-contained. Profitability metrics have reached record highs for the second consecutive year, and capitalization levels are now among the highest in Europe. Despite elevated interest rates, asset quality continues to improve, supported by strong economic growth. Nonetheless, ongoing vigilance is essential, particularly concerning the real estate sector.

Recent tightening of the macroprudential policy stance will enhance financial buffers further. The announced increase in the CCyB will bolster resilience by securing already high capital buffers without adversely affecting credit availability or economic growth. In the future, careful calibration of macroprudential policies should continue to strike a balance between financial stability and effective credit intermediation.

Although legacy NPLs continue to decrease, they remain at elevated levels. Most NPLs have been successfully transitioned away from the banking sector and do not pose a significant issue for financial stability. The ongoing resolution of legacy NPLs is expected to accelerate, given the full operationalization of the foreclosure framework and a strong uptake of the mortgage-to-rent scheme. Resolving legacy NPLs is expected to help mobilize domestic capital.

Structural reforms aimed at enhancing judicial efficiency and boosting labor productivity are vital for fostering long-term growth. With employment levels already high, capital deepening will increasingly drive growth. Consequently, policies must create a stable and streamlined business environment conducive to investment. Additional efforts are required in the judicial sector to strengthen the institutional framework for insolvency and creditor rights and to improve court efficiency. Labor policies should focus on addressing skill gaps and mismatches and engaging remaining segments of the labor force, particularly among youth and the long-term unemployed.

Key energy projects and reforms must be expedited to reduce energy costs, enhance energy security, and fulfill climate commitments. Completing the LNG terminal and improving electricity interconnectedness would represent significant progress toward these objectives. Additionally, increasing competition in the electricity market would help lower costs and emissions through market forces. The planned introduction of green taxation would further facilitate the energy transition.

Maintaining a strong AML framework is vital for mitigating reputational risks and business uncertainty. Ongoing efforts to broaden the definition of obliged entities for AML supervision are commendable. Furthermore, the proposed establishment of the National Sanctions Implementation Unit at the Ministry of Finance will enhance clarity for reporting entities regarding compliance with sanctions.

Table 1. Cyprus: Selected Economic Indicators, 2021–2030
	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
					Projections
Real Economy	(Percent change, unless otherwise indicated)
Real GDP	11.4	7.2	2.8	3.4	2.5	2.7	3.0	3.0	3.0	3.0
Domestic demand	5.6	8.5	5.2	0.7	4.6	3.6	3.6	3.5	3.4	3.2
Consumption	5.7	8.5	4.8	3.3	3.2	2.6	2.8	2.9	2.8	2.8
Private consumption	4.7	9.8	5.9	3.8	2.8	2.9	3.2	3.2	3.2	3.1
Public consumption	8.9	4.7	1.2	1.5	4.4	1.4	1.2	1.7	1.7	1.7
Gross capital formation	5.0	8.5	6.6	-9.5	10.5	7.8	7.0	6.0	5.5	4.5
Foreign balance 1/	5.8	-1.1	-2.3	3.0	-1.9	-0.9	-0.7	-0.5	-0.4	-0.3
Exports of goods and services	27.2	27.1	-2.8	5.3	4.0	4.1	4.0	4.0	4.0	4.0
Imports of goods and services	19.6	29.7	-0.7	2.4	6.1	5.1	4.6	4.5	4.4	4.2

Potential GDP growth	5.5	6.1	4.4	3.3	3.0	2.9	2.9	3.0	3.0	3.0
Output gap (percent of potential GDP)	0.9	2.0	0.4	0.6	0.2	-0.1	0.0	0.0	0.0	0.0

HICP (period average, seasonally-adjusted)	2.3	8.1	3.9	2.3	2.2	2.0	2.0	2.0	2.0	2.0
HICP (end of period, seasonally-adjusted)	4.8	7.6	1.9	3.1	2.0	2.0	2.0	2.0	2.0	2.0
GDP deflator	3.0	6.7	3.8	3.5	4.7	1.6	1.5	1.5	1.5	1.6
Unemployment rate (percent, period average)	7.2	6.3	5.8	4.9	4.8	5.0	5.0	5.0	5.0	5.0
Employment growth (percent, period average)	3.5	5.0	2.8	1.5	0.9	0.8	0.9	0.8	0.8	0.8
Labor force	3.0	4.0	2.3	0.4	0.8	1.0	0.9	0.8	0.8	0.8

Public Finance	(Percent of GDP, unless otherwise indicated)
General government balance	-1.6	2.7	1.7	4.3	3.8	3.5	2.4	2.1	1.9	1.6
Revenue	41.0	40.6	43.7	44.3	44.7	44.3	43.3	43.2	43.2	43.2
Expenditure	42.6	38.0	42.0	40.0	40.9	40.8	40.8	41.1	41.4	41.6
Primary Fiscal Balance	0.1	4.0	3.0	5.6	5.2	4.8	3.8	3.4	3.1	2.9
General government debt	96.5	81.1	73.6	65.1	60.2	54.9	49.7	44.5	41.2	38.3

Balance of Payments

Current account balance	-5.4	-5.4	-9.7	-6.1	-7.1	-7.7	-8.2	-8.7	-9.1	-9.4
Trade Balance (goods and services)	4.7	3.6	1.0	3.6	2.5	1.8	1.1	0.5	0.2	0.0
Exports of goods and services	90.8	105.6	97.2	96.7	95.8	97.4	98.4	99.5	100.5	101.5
Imports of goods and services	86.1	102.0	96.1	93.1	93.2	95.6	97.3	98.9	100.3	101.6
Goods balance	-16.9	-19.7	-23.7	-20.4	-20.4	-21.4	-22.4	-23.3	-24.2	-24.9
Services balance	21.6	23.3	24.7	24.0	22.9	23.2	23.5	23.9	24.4	24.9
Primary income, net	-8.9	-7.9	-9.6	-8.9	-8.6	-8.5	-8.4	-8.3	-8.3	-8.3
Secondary income, net	-1.2	-0.7	-1.1	-0.8	-1.0	-1.0	-1.0	-1.0	-1.0	-1.0

Capital account, net	0.2	0.1	-0.1	0.2	0.2	0.2	0.1	0.1	0.1	0.1

Financial account, net	-7.6	-6.2	-8.7	-5.9	-6.9	-7.5	-8.2	-8.6	-9.1	-9.3
Direct investment	-3.3	-27.2	-21.0	-18.0	-18.0	-18.1	-18.3	-18.3	-18.5	-18.6
Portfolio investment	3.9	3.9	11.0	4.9	5.8	3.6	4.2	3.5	1.5	2.6
Other investment and financial derivatives	-9.6	16.8	1.2	7.2	5.3	7.0	5.9	6.2	7.9	6.7
Reserves ( + accumulation)	1.4	0.3	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0

Program financing 2/	0.0	0.0	0.0	0.0	-1.0	-2.7	-2.5	-2.4	-2.4	-2.0
Errors and omissions	-2.5	-0.9	1.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0

Saving-Investment Balance
National saving	13.8	14.9	11.8	14.4	13.7	13.6	13.4	13.3	13.2	13.1
Government	1.8	5.8	6.7	7.9	7.8	7.3	6.3	6.1	6.1	5.8
Non-government	12.0	9.0	5.1	6.5	5.9	6.3	7.1	7.2	7.1	7.3
Gross capital formation	19.2	20.3	21.4	20.5	20.8	21.3	21.7	22.1	22.4	22.5
Government	3.5	3.2	5.0	3.6	3.9	3.8	3.9	4.1	4.2	4.2
Private	15.8	17.1	16.4	16.9	16.9	17.4	17.7	18.0	18.1	18.2
Foreign saving	-5.4	-5.4	-9.7	-6.1	-7.1	-7.7	-8.2	-8.7	-9.1	-9.4

Memorandum Item:
Nominal GDP (billions of euros)	25.7	29.4	31.3	33.6	36.0	37.6	39.3	41.1	42.9	44.9
Structural primary balance	-0.4	3.3	2.6	5.3	5.2	4.8	3.8	3.4	3.1	2.9
External debt	994.1	879.7	828.3	767.6	706.8	669.0	631.4	595.8	564.1	534.0
Net IIP	-105.7	-95.2	-92.7	-98.5	-99.3	-102.6	-106.9	-111.7	-114.6	-118.8
Sources: Cystat, Eurostat, Central Bank of Cyprus, and IMF staff estimates.
1/ Contribution to real GDP growth
2/ Program financing (+ purchases, – repurchases) is included under the Financial Account, with consistent sign conversion

[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. The Executive Board takes decisions under its lapse-of-time procedure when the Board agrees that a proposal can be considered without convening formal discussions.

[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/cyprus page.

IMF Communications Department

MEDIA RELATIONS

PRESS OFFICER: Boris Balabanov

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

https://www.imf.org/en/News/Articles/2025/06/02/pr-25171-cyprus-imf-concludes-2025-art-iv-consultation

MIL OSI

MIL OSI Russia News –

June 3, 2025

MIL-OSI Video: Global action for healthier oceans

Source: World Trade Organization – WTO (video statements)

The WTO Agreement on Fisheries Subsidies marks a major step toward ocean sustainability by prohibiting harmful fisheries subsidies, which are a key factor in the widespread depletion of the world’s fish stocks. With over 100 WTO members having deposited their instruments of acceptance, the Agreement is close to entering into force. Here’s why this matters — and how the Agreement will make a difference.

Download this video from the WTO website:
https://www.wto.org/english/res_e/webcas_e/webcas_e.htm

https://www.youtube.com/watch?v=D6eZGX2nkQg

MIL OSI Video –

June 3, 2025

MIL-OSI USA: Congress.gov New, Tip, and Top – June 2025

Source: US Global Legal Monitor

Our last Congress.gov release announced that beta House Roll Call Votes endpoints are now available from the Congress.gov API. With this release, Congressional Research Service products are now further integrated into Congress.gov with a browse page that allows you to view recently published products, the most-viewed products, and more. In addition, you will find that Congressional Research Service products and Law Library of Congress reports are now accessible from the Congress.gov Browse Page under the “Library of Congress Documents” heading. Finally, when you choose to download your search results within the legislation collection, the options screen will allow you to select policy area subjects and legislative subject terms to be included in the download.

Congressional Research Service Products and Law Library of Congress reports are now available on the Congress.gov browse page.

Enhancements

Enhancement – Library of Congress Documents – Browse

Enhancement – Legislation – Download Results

Congress.gov Tip

To stay up to date with upcoming House and Senate committee meetings and hearings, you can visit the Weekly Committee Schedule page and click “get weekly alerts” at the top of the screen. After signing up for a free Congress.gov account, you will receive an email each Monday with the projected schedule for the coming week.

Most-Viewed Bills

The most-viewed bills for the week of May 25, 2025, are below.

1.	H.R.1 [119th]	One Big Beautiful Bill Act
2.	S.1046 [119th]	No Tax On Overtime Act of 2025
3.	S.129 [119th]	No Tax on Tips Act
4.	H.R.561 [119th]	Overtime Pay Tax Relief Act of 2025
5.	H.Con.Res.14 [119th]	Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034.
6.	H.R.10127 [118th]	Restoring Trade Fairness Act
7.	S.146 [119th]	TAKE IT DOWN Act
8.	H.R.404 [119th]	Hearing Protection Act
9.	H.R.482 [119th]	No Tax on Tips Act
10.	H.R.22 [119th]	SAVE Act

Subscribe to In Custodia Legis – it’s free! – to receive interesting posts drawn from the Law Library of Congress’s vast collections and our staff’s expertise in U.S., foreign, and international law.

MIL OSI USA News –

June 3, 2025

MIL-OSI: ABC arbitrage – Trading update – New elements of the 2025 financial year – increasing Pace of Activity
Source: GlobeNewswire (MIL-OSI)

Paris, June 2 2025 05:45 PM

ABC arbitrage -Trading update

New elements of the 2025 financial year – increasing Pace of Activity

The purpose of this press release is to factually inform shareholders of any significant new developments regarding the first months of the 2025 fiscal year. As a reminder, to date, the statutory auditors have not yet completed all their work on the first semester of the 2025 fiscal year. The estimates provided in this press release do not replace the audited consolidated financial results for the first semester of the 2025 fiscal year, which will be published on September 23, 2025.

Business activity for the fiscal year 2025

Market parameters during the first months of 2025 are broadly comparable to those of the 2020 financial year, with notably higher volatility than in 2024. As at 31 May 2025, in line with these parameters, the monthly average Pace of Activity for the Group over the first five (5) months is more than 10% higher than the monthly average for the 2020 financial year (see 2020 Results). The Pace of Activity is regularly used in the Group’s communications. It is a non-audited indicator similar to the financial aggregate Net Trading Income¹, which reflects a form of gross result (before expenses, taxes, and other specific or exceptional impacts). As a reminder, the Net Trading Income for the 2020 financial year was close to 69 million euros, representing a monthly average of approximately 6 million euros.

Expenditures for 2025 were estimated in the “FY2024” annual presentation, available since the end of March 2025 on the ABC arbitrage website (see Publications/2024 Annual Results Presentations). Based on 2024 expenses, slide 37 outlines the outlook for additional investments in the 2025 financial year, estimated at +3.5 million euros on a full-year basis (personnel and information technology-related expenses). As a reminder, personnel expenses are partly correlated with the Pace of Activity generated by the Group, through discretionary variable bonus distributions.

Group assets under management

As of today, assets under management stand at 253 million euros, compared with 265 million euros as at January 1st, 2025. This decrease is primarily due to the withdrawal of a European client (12 million euros), which occurred at the end of January. With regard to the impact on management fees, all other things being equal, the effect of this withdrawal on the 2025 fiscal year results will be marginal (less than 0.2 million euros).

ABC arbitrage shareholding

The Group was informed by Eximium of a downward crossing of the statutory thresholds in place at ABC arbitrage. These thresholds require a disclosure notification each time a 1% ownership threshold is crossed. As at 30 May 2025, Eximium is recorded as holding 5.2% of ABC arbitrage’s share capital. Eximium also stated that it intends to remain above the 5% ownership threshold in the Group’s capital.

¹ Presented in the Group’s activity reports, available at the following link: Publications/Financial Reports

EURONEXT Paris – Compartiment B
ISIN – FR0004040608
Reuters BITI.PA / Bloomberg ABCA FP

Internet – www.abc-arbitrage.com

Relations actionnaires – actionnaires@abc-arbitrage.com

Relations presse – VERBATEE / v.sabineu@verbatee.com

Attachment
- 2025 05 ABCA CP Trading Update Rythme d’activité 2025-05 VEng
The MIL Network –
June 3, 2025

MIL-OSI: COFACE SA: Disclosure of total number of voting rights and number of shares in the capital as at May 31, 2025

Source: GlobeNewswire (MIL-OSI)

COFACE SA: Disclosure of total number of voting rights and number of shares in the capital as at May 31, 2025

Paris, June 2^nd, 2025 – 17.45

Total Number of Shares Capital	Theoretical Number of Voting Rights¹	Number of Real Voting Rights²
150,179,792	150,179,792	149,332,110

⁽¹⁾including own shares
⁽²⁾excluding own shares

Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust. You can check the authenticity on the website www.wiztrust.com.

About Coface

COFACE SA is a société anonyme (joint-stock corporation), with a Board of Directors (Conseil d’Administration) incorporated under the laws of France, and is governed by the provisions of the French Commercial Code. The Company is registered with the Nanterre Trade and Companies Register (Registre du Commerce et des Sociétés) under the number 432 413 599. The Company’s registered office is at 1 Place Costes et Bellonte, 92270 Bois Colombes, France.

At the date of 31 December 2024, the Company’s share capital amounts to €300,359,584, divided into 150,179,792 shares, all of the same class, and all of which are fully paid up and subscribed.

All regulated information is available on the company’s website (http://www.coface.com/Investors).

COFACE SA. is listed on Euronext Paris – Compartment A
ISIN: FR0010667147 / Ticker: COFA

Attachment

2025 05 31 Declaration Shares Voting Rights

The MIL Network –

June 3, 2025

MIL-OSI Video: Fisheries Subsidies: Nicaragua’s acceptance

Source: World Trade Organization – WTO (video statements)

On 2 June, WTO Director-General Ngozi Okonjo-Iweala received Nicaragua’s instrument of acceptance of the Agreement on Fisheries Subsidies from Nicaragua’s WTO Ambassador Rosalía Bohorquez Palacios. Just ten more acceptances are needed for the Agreement to enter into force.

Download this video from the WTO website:
https://www.wto.org/english/res_e/webcas_e/webcas_e.htm

https://www.youtube.com/watch?v=bmDVmuN2yzs

MIL OSI Video –

June 3, 2025
MIL-OSI: Election to Equinor’s board of directors
Source: GlobeNewswire (MIL-OSI)

In a meeting in the corporate assembly of Equinor ASA (OSE:EQNR, NYSE:EQNR) on 2 June 2025 Dawn Summers was elected as a new member of the board of directors of Equinor ASA.

The corporate assembly re-elected Jon Erik Reinhardsen as chair and Anne Drinkwater as deputy chair of the board, in addition to re-election of Finn Bjørn Ruyter, Haakon Bruun-Hanssen, Mikael Karlsson, Fernanda Lopes Larsen and Tone Hegland Bachke as members of the board of directors. The current member, Jonathan Lewis will resign from the board of directors as of 30 June 2025. Dawn Summers is elected as a new member of the board of directors of Equinor ASA.

The election of the shareholder representatives to the board of directors of Equinor ASA enters into effect from 1 July 2025, with the exception of Dawn Summers who is elected with effect from 1 September 2025, all with effect until the ordinary election of shareholder-representatives to the board of directors in June 2026.

Further, the corporate assembly re-elected Hilde Møllerstad, as employee-representative and elected Frank Indreland Gundersen and Geir Leon Vadheim as new employee-representatives of the board of directors of Equinor ASA. Also, Anette Heggholmen, Terje Werner Hansen and Hans Einar Haldorsen were elected as deputy members for the employee-representatives of the board.

The election of employee-representative members to the board of directors enters into effect from 1 July 2025 and is effective until the ordinary election of employee-representatives to the board of directors in 2027.

Contacts:
- Nils Morten Huseby, chair of the nomination committee
- All enquiries to be directed through Equinor Corporate Press Office,
  Sissel Rinde, +47 412 60 584
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act

The MIL Network –
June 3, 2025

MIL-OSI: Siili Solutions Plc: Share Repurchase 2.6.2025

Source: GlobeNewswire (MIL-OSI)

Siili Solutions Plc	Announcement 2.6.2025


Siili Solutions Plc: Share Repurchase 2.6.2025

In the Helsinki Stock Exchange

Trade date	2.6.2025
Bourse trade	Buy
Share	SIILI
Amount	1 100	Shares
Average price/ share	6,4182	EUR
Total cost	7 060,02	EUR


Siili Solutions Plc now holds a total of 1 798 shares
including the shares repurchased on 2.6.2025

The share buybacks are executed in compliance with Regulation
No. 596/2014 of the European Parliament and Council (MAR) Article 5
and the Commission Delegated Regulation (EU) 2016/1052.

On behalf of Siili Solutions Plc

Nordea Bank Oyj

Sami Huttunen	Ilari Isomäki

Further information:
CFO Aleksi Kankainen
Email: aleksi.kankainen@siili.com
Tel. +358 50 584 2029

www.siili.com

Attachment

Siili 2.6.2025 Trades

The MIL Network –

June 3, 2025

MIL-OSI: Luxren Capital Introduces a New Era in Mobile Trading: Secure, Regulated, and Always at Users’ Fingertips

Source: GlobeNewswire (MIL-OSI)

PORT LOUIS, MAURITIUS, June 02, 2025 (GLOBE NEWSWIRE) — As more and more people across the world want flexible and fast-paced financial services, Luxren Capital is making a bold move by launching its innovative mobile trading platform. This platform is designed to suit the needs of traders who want both security and convenience in today’s busy environment.

Luxren’s mobile platform is more than simply an app; it’s a big change in how trading works. It lets users access financial markets 24/7, straight from users’ phone.

A Trading Platform for Today

Traders need tools that stay up with the market since timing is crucial. Luxren Capital’s mobile platform does all of that and more. It lets users follow prices in real time, customize charts, and execute trades quickly on a wide range of assets, including forex, commodities, global indices, and stocks. Luxren makes sure users never miss a beat, whether users are on the go, traveling, or just away from users’ work.

Luxren Capital remarked, “We wanted to make something that was not only useful but also empowering. This is about letting our users have full control on their own terms.” The software works on both Android and iOS and has all the important tools that professional traders need, like smart risk controls, dynamic charting features, and easy syncing between devices.

Regulated for Users’ Safety

Luxren Capital’s development is based on its strong dedication to following the rules and protecting its clients. The company is closely watched by regulators, which makes trading safe and open. The company’s working capital and client cash are kept in separate accounts. We also follow strict AML (Anti-Money Laundering) and KYC (Know Users’ Customer) rules to make sure that all of their operations are safe and legal.

It’s not enough to only meet standards; users need to earn the trust of every user. Users may find all the information users need about the company’s regulatory framework and legal disclosures on their legal website.

Accounts that are tailored to fit each strategy

Luxren Capital knows that every trader is different. That’s why they provide numerous sorts of accounts for people with varied levels of experience and trading aspirations. There is an account option that works for users, whether users are just starting out or managing a complicated portfolio.

Each account has its own set of benefits, such as priority customer support, market analysis tools, and access to Luxren’s expert advice. To learn more about the benefits of having an account, go to the account area.

Luxren Capital’s main focus is on education. Users can access free webinars, eBooks, and lessons created by financial experts through an organized learning hub. These resources are meant to help people make better decisions and construct better strategies.

Users may get these materials any time of day or night, and they are updated often to show the most recent market trends. If users want to see all of the classes they offer, go to the education center.

Fast Withdrawals That Keep Users in Control

At Luxren Capital, the traders won’t need to wait to access their profits. It provides fast and smooth withdrawals, offering traders full authority over their funds. Whether trading gains add to users’ daily money or users are saving for a grand strategic move, users’ money couldn’t get any closer. With a system built on speed and trust, Luxren Capital delivers the reliability traders expect from a top-tier financial platform.

Live Support 24/7

Customer service can make or break the experience of trading. Luxren Capital has multilingual support five days a week, by live chat, email, or phone. This is why. Their team is ready to help users no matter where users are in the world.

Luxren has built a loyal and increasing global user base thanks to a mix of technology, rules, and putting customers first.

About Luxren Capital

To stay ahead in today’s fast-moving markets, users need to be ready for any chance that comes users’ way. This is what Luxren Capital’s mobile platform was made for. It’s not just about data and execution anymore; it’s also about experience. With Luxren Capital, that experience is safe, controlled, and always close at hand. Visit www.luxrencapital.com or call +442080970334 to get started with Luxren Capital’s mobile platform.

Media contact

Brand: Luxren Capital

Contact: Media Team

Email: support@luxrencapital.com

Website: www.luxrencapital.com

The MIL Network –

June 3, 2025
MIL-OSI Video: High-level visit from Zambia

Source: World Trade Organization – WTO (video statements)

Director-General Ngozi Okonjo-Iweala met with Vice-President Mutale Nalumango, of Zambia, on 2 June at the WTO. They talked about Zambia’s strategy for critical minerals, agriculture negotiations and the Agreement on Fisheries Subsidies.

Download this video from the WTO website:
https://www.wto.org/english/res_e/webcas_e/webcas_e.htm

https://www.youtube.com/watch?v=YmQ8ijxu9ro

MIL OSI Video –

June 3, 2025
MIL-OSI USA: Muddying the Waters: More Confusion on Crypto Asset Security Status

Source: Securities and Exchange Commission

Over the last several months, we have heard repeatedly that the Commission, and its new Crypto Task Force, are embarking on a quest to give the crypto industry regulatory clarity.[1] We’ve heard “change is coming fast” [2] for crypto at the SEC and that the crypto markets will soon be free from the “limbo” they’ve been “languishing […] in for years.”[3]

In the name of this clarity, we’ve seen staff statement after staff statement, pronouncing that all sorts of crypto assets are not securities.[4] And yet, now we see no objection to the effectiveness of new exchange-traded funds[5] that assert certain crypto assets—ETH and SOL—actually are securities.[6] Does this Commission, in fact, believe that ETH and SOL are securities?

How is it that these crypto assets are supposedly not securities when it comes to registration requirements, but conveniently are securities when a registrant sees an opportunity to sell a new product?

If you’re confused, join the club. These developments lay bare that we are not actually chasing crypto regulatory clarity — these assets cannot be both securities and not securities at the exact same time.[7] Rather than clarity, it seems we are simply getting out of the way of anything and everything in the crypto space. In so doing, we are thwarting any meaningful attempt to apply a coherent regime to crypto assets and rewarding a maximally aggressive approach to entering our markets. This results in opportunistic – and deeply inconsistent – legal interpretations. Even our staff can’t reconcile these inconsistencies, though their concerns don’t seem to matter much these days.[8]

So far, the Commission and The Crypto Task Force’s journey to clarity has only taken us further and further adrift in increasingly muddy waters of our own making.

[4] See U.S. Securities & Exchange Commission Division of Corporation Finance,Staff Statement on Meme Coins, (Feb. 27, 2025); U.S. Securities & Exchange Commission Division of Corporation Finance,Statement on Certain Proof of Work Mining Activities, (Mar. 20, 2025); U.S. Securities & Exchange Commission Division of Corporation Finance,Statement on Stablecoins, (Apr. 4, 2025). See also Commissioner Caroline A. Crenshaw,Response to Staff Statement on Meme Coins: What Does it Meme?(Feb. 27, 2025); Commissioner Caroline A. Crenshaw,Crypto Mining Statement: The Flame in Plato’s Cave, (Mar. 20, 2025); Commissioner Caroline A. Crenshaw,“Stable” Coins or Risky Business?, (Apr. 4, 2025). See generally Commissioner Hester M. Peirce, New Paradigm: Remarks at SEC Speaks, (May 19, 2025) (citing the Commissioner’s view that “most currently existing crypto assets in the market are not [securities]”).

[5] See ETF Opportunities Trust, Form N-1A (May 30, 2025) available at https://www.sec.gov/ix?doc=/Archives/edgar/data/1771146/000199937125006935/osprey-485bpos_053025.htm (485BPOS post-effective amendment registering two new ETFs: Rex-Osprey ETH + Staking ETF and the Rex-Osprey SOL + Staking ETF). Importantly, these products are exchange-traded funds (ETFs) that purport to be registered under the Investment Company Act of 1940. These products are different than, but often conflated with, exchange-traded products (ETPs) that are separately approved to list and trade under the Exchange Act of 1934. In the ETP space, products are approved to list and trade on exchanges based on the fact that the underlying assets are generally not securities, such as ETH. See, e.g., Securities and Exchange Act Release No. 100541 (July 17, 2024,) 89 FR 59786 (July 23, 2024); see also Securities and Exchange Act Release No.100233 (May 28, 2024), 89 FR 47618 (June 3, 2024). In contrast, registered investment companies, including ETFs, generally must invest primarily in securities. See 15 U.S.C. § 80a-3(a)(1)(A)-(C) (providing the definition of an “investment company” and generally identifying an issuer as an investment company if it invests in securities in the manners described in subsections (A) or (C)). With yesterday’s new ETFs, we have both an ETH ETP and ETH ETF. How can both of these products be in compliance with the securities laws? See also Commissioner Caroline A. Crenshaw, Statement Dissenting from Approval of Proposed Rule Changes to List and Trade Spot Bitcoin Exchange-Traded Products (Jan. 10, 2024).

[7] While the 1933 Act and the 1940 Act are distinct regulatory regimes, except in specific, rare circumstances identified by the staff or by a court, the two Acts generally treat questions of security status the same. This parity creates consistency across the federal securities laws. See, e.g., Marine Bank v. Weaver, 455 U.S. 551 (1982); Putnam Diversified Premium Income Trust, SEC No-Action Letter (July 10, 1989).

[8] SEC staff provided a letter via EDGAR to a registrant in response to two new ETFs, Rex-Osprey ETH + Staking ETF and the Rex-Osprey SOL + Staking ETF. The letter explains that the registrant allowed the funds’ registration statement to become effective despite significant unresolved comments from staff in the Division of Investment Management. These outstanding issues include concerns that the funds may not meet the definition of an investment company and that related disclosure in the registration statement may be potentially misleading, among other issues. It is to the detriment of market participants and investors when the staff’s review is not met with good faith engagement and comments are not fully resolved prior to effectiveness. See SEC EDGAR Correspondence, ETF Opportunities Trust (May 30, 2025) available at https://www.sec.gov/Archives/edgar/data/1771146/000000000025005772/filename1.pdf. It is further to the detriment of the market when the Commission fails to use its tools to stop funds from introducing such uncertainty.

MIL OSI USA News –

June 3, 2025
MIL-OSI Canada: Saskatchewan Mining Week Celebrates Sector’s Importance to Province

Source: Government of Canada regional news

Released on June 2, 2025

The Government of Saskatchewan is pleased to proclaim June 1 to June 7 as Saskatchewan Mining Week, an opportunity to recognize the important contributions of the people who work in the industry and the significant impact mining has on the provincial economy.

“Our world-class mining industry is key to the prosperous way of life we enjoy in Saskatchewan, creating good jobs, economic growth and a sustainable, secure future,” Energy and Resources Minister Colleen Young said. “As global demand for critical minerals continues to rise, we are increasing production in core sectors like potash and uranium and seeing growth in emerging commodities like helium, lithium, copper and zinc. This year’s Mining Week theme of Talent, Technology and Trade: Opportunities for Saskatchewan’s Mining Sector reflects our optimism for the future of mining in our province.”

The Saskatchewan mining industry directly or indirectly employs over 30,000 people and procures billions of dollars in goods and services annually from local mining supplier businesses. Mining is a major source of private investment and generates government revenue to fund the programs and services Saskatchewan people rely on, like education and health care.

“In the next decade, Saskatchewan’s growing mining industry will need 15,000 new employees in rewarding careers like trades and engineering. To increase the mining labour pool, we are promoting career awareness of prevalent and critical careers and showcasing some of the innovative ways that mining companies and their partners are training and attracting the new generation of talented employees that underpin the success of Saskatchewan’s mining sector,” Saskatchewan Mining Association President Pam Schwann said.

Saskatchewan is home to 27 of the 34 minerals on Canada’s critical minerals list. In 2024, potash production reached an all-time high of 15.1 million tonnes of potassium oxide, while uranium production and sales reached record highs of 16,700 tonnes and $2.6 billion, respectively. Projects in these and other critical minerals like helium, lithium, copper and zinc continue to advance along with the Saskatchewan Research Council’s Rare Earth Processing facility, which has begun producing rare earth metals at a commercial scale.

With an abundance of resources, competitive incentives and a predictable and stable regulatory framework, Saskatchewan is one of the best places in the world to invest in resource development. The Fraser Institute’s annual survey of mining companies consistently ranks Saskatchewan as the top jurisdiction in Canada and the top three in the world for mining investment competitiveness.

-30-

For more information, contact:

MIL OSI Canada News –

June 3, 2025
MIL-OSI USA: CFTC Names Paul Hayeck as Acting Director of Division of Enforcement

Source: US Commodity Futures Trading Commission

WASHINGTON, D.C. — Commodity Futures Trading Commission Acting Chairman Caroline D. Pham today announced Paul G. Hayeck as the Acting Director of the Division of Enforcement. Hayeck has served at the CFTC for 25 years and has been a deputy director in the Division of Enforcement since 2013. He will continue to serve as the acting chief of the Division’s Complex Fraud Task Force.
“I’ve been impressed with Paul’s deep expertise and skill since I was a CFTC enforcement intern over 15 years ago,” said Acting Chairman Pham. “Paul’s unwavering commitment to integrity and fairness is the kind of strong leadership we need at the CFTC. His accomplishments as Acting Chief of the Complex Fraud Task Force and his extensive experience at the CFTC make him well suited to lead the Division of Enforcement. I’ve never been more confident in the CFTC’s mission to protect our markets, hold fraudsters accountable, and help victims with Paul in charge.”
“I want to thank Acting Chairman Pham for the opportunity to lead the Division as we get back to basics and focus our resources and abilities on our core mission to prevent fraud, manipulation, and abuse in our markets,” Hayeck said.
Throughout his career, Hayeck has represented the CFTC in numerous federal courts as litigation counsel in cases involving a broad range of Commodity Exchange Act violations, including market manipulation and complex fraud, with a particular focus in energy trading cases. Among other noteworthy cases, Hayeck led the division’s litigation team in the landmark case of CFTC v. Parnon Energy Inc., et al. in the U.S. District Court for the Southern District of New York, which resulted in a favorable opinion for the CFTC regarding its jurisdiction.
Prior to joining the CFTC, Hayeck was a partner in a law firm in Boston where he focused on commercial litigation. He also previously worked as litigation counsel for the Federal Deposit Insurance Corporation. In these positions, Hayeck frequently appeared in numerous federal and state courts.
Hayeck holds an LL.M. in banking law and a J.D. from Boston University School of Law. He is a graduate of the College of the Holy Cross, where he received a Bachelor of Arts in economics.

MIL OSI USA News –

June 3, 2025
MIL-OSI Canada: Saskatchewan and Ontario Breaking Down Trade Barriers

Source: Government of Canada regional news

Released on June 2, 2025

Provinces sign agreement to boost interprovincial trade.

Today, Saskatchewan Premier Scott Moe and Ontario Premier Doug Ford signed a Memorandum of Understanding (MOU) to collaborate on the removal of trade barriers across the two jurisdictions.

“Now is the time to take strong action to strengthen trade across Canada,” Moe said. “Our province remains committed to removing restrictive barriers that limit the flow of trade. Today’s MOU between Saskatchewan and Ontario is just one of the ways we are unlocking the infinite potential that exists within our industries from coast to coast.”

This MOU includes commitments to facilitate mutual recognition of our goods, workers and investment while strengthening public safety and respecting the integrity and role of Crown corporations. It aims to strengthen interprovincial labour mobility and direct-to-consumer (DTC) alcohol sales between the two jurisdictions.

“With President Trump taking direct aim at Canada’s economy, we need to do everything we can to protect Ontario and Canadian workers by super-charging our own internal trade opportunities,” Premier Ford said. “With both of us coming together today, we are helping Canada unlock up to $200 billion in gains for our economy, and we are showing everyone how all of us premiers are standing up for Canada like never before. Together, we are building a more competitive, more resilient and more self-reliant economy.”

Additionally, both provinces are co-leading efforts under the Canadian Free Trade Agreement on a framework to advance DTC alcohol sales with other willing jurisdictions across Canada.

The total value of interprovincial trade between Saskatchewan and Ontario was $6.4 billion in 2021.

Trade is critical to Saskatchewan’s economy, worth about 70 per cent of the province’s Gross Domestic Product. Saskatchewan’s efforts to advance and diversify trade are providing much needed certainty in a very uncertain time.

The Government of Saskatchewan is committed to supporting the expansion of vital infrastructure projects including ports, pipelines and rail, including their construction and seamless operations. The province will also work to provide swift approval of any projects that pass through Saskatchewan.

Throughout this work, Saskatchewan will continue to work alongside its federal, provincial and territorial counterparts to advance these efforts and promote free and fair interprovincial trade.

-30-

For more information, contact:

MIL OSI Canada News –

June 3, 2025
MIL-OSI United Kingdom: New UK-Moroccan partnerships to grow UK economy
Source: United Kingdom – Executive Government & Departments

Press release

New UK-Moroccan partnerships to grow UK economy

Foreign Secretary in Morocco to forge new business opportunities with Morocco
British companies front of the queue to deliver infrastructure for the 2030 FIFA World Cup – injecting money into the UK economy

game-changing deals with ministries of water, health, and trade, unlocking contracts in a market where public procurement opportunities are estimated at around £33bn over the next three years, including a £1.2bn Casablanca Airport project, with UK companies a key part of Morocco’s ‘Airports 2030’ programme

agreement to partner with Morocco’s national healthcare transformation reforms, worth over £2bn, will create opportunities for UK health sector and a new £150m hospital project, for UK finance and clinical expertise to deliver a 250-bed hospital in Casablanca, will drive revenue for an NHS trust

The UK has strengthened its partnership with Morocco advancing our relationship worth over £4 billion annually and unlocking opportunities for UK businesses during Foreign Secretary visit to Morocco, ahead of 2030 World Cup.

As part of the Government’s drive to boost economic growth, the UK and Morocco have announced a series of agreements to deepen collaboration and build business ties between both countries delivering its Plan for Change to boost growth, create jobs and put more money in people’s pockets.

The Foreign Secretary has signed a series of partnerships unlocking opportunities for UK businesses in projects across the country, where public procurement opportunities are estimated at around £33bn over the next three years. This includes the possibility of infrastructure firms supporting World Cup host cities such Marrakech, Casablanca, and Rabat.

This will put British businesses at the front of the queue to secure contracts to build Moroccan infrastructure for the 2030 World Cup – injecting money into the construction sector. Since the Sydney Olympic Games in 2000, UK expertise and industry has been involved in every major global sporting tournament. Today’s deal places British businesses in an advantageous position to support the 2030 World Cup, continuing Britain’s strong legacy of delivering sporting infrastructure and enduring impact.

Other announcements include closer UK-Morocco cooperation on migration, counterterrorism, and joint action to tackle water scarcity and climate change, delivering greater security and green growth opportunities for both countries.

A cooperation agreement on water and ports infrastructure, worth up to £200m, will promote UK expertise in sustainable water management, smart logistics, and green port technologies. An agreement on procurement will create a unique foundation for UK companies to access public tenders in Morocco, with national treatment exemptions ensuring a level playing field for UK innovation and expertise.

The Foreign Secretary, David Lammy said:

Africa has one of the greatest growth potentials of any continent – this young, dynamic population makes the continent an engine room for growth.

Growth and prosperity will underpin our relationship Morocco and beyond, helping forge new opportunities at home and abroad.

That is why I am visiting the country, to foster new business relationships between the UK and Morocco, and deliver on our commitment to strengthen our economy. These announcements mean UK businesses will be able to score big in the delivery of the 2030 World Cup.

The UK has chosen to endorse autonomy within the Moroccan state as the most credible, viable, and pragmatic basis for a mutually-agreed and lasting solution to the Western Sahara dispute, one that can deliver on our commitments to conflict resolution in the region and self-determination for the people of Western Sahara.

Minister for Trade Policy, Douglas Alexander said:

Morocco is becoming an increasingly important trade and investment partner for the UK.

Growth is this government’s top priority and stronger ties with economies like Morocco will pave the way for new opportunities, supporting British businesses and creating jobs.

UK companies are already securing major commercial wins in Morocco, playing a vital role in delivering critical infrastructure for the 2030 World Cup.

As part of the visit, the Government has announced that it will adopt a new UK policy position towards Western Sahara. The conflict, ongoing for almost 50 years, has undermined stability and stifled prosperity in the region particularly for the Sahrawi refugees in the Tindouf camps.

As a member of the UN Security Council, and as a friend to countries across the region, the UK’s new position seeks to support a mutually-agreed solution to the conflict that supports the UN-led process and respects the principle of self-determination. Approaching the 50-year anniversary of the conflict, it is vital that we leverage this window of opportunity to secure a lasting solution to the dispute, and one that delivers a better future for the people of the Western Saharah.

The Foreign Secretary’s visit to Morocco is part of the Government’s agenda to reboot cooperation with countries across the continent, underpinned by the UK’s Progressive Realist approach to Foreign Affairs. Across Africa, this means building genuine partnerships that are rooted in mutual respect across trade and investment, security, and tackling the drivers of irregular migration.

The visit will be used to announce a new deal for the UK healthcare sector to supply equipment to hospitals and medical centres across the country. The deal represents a boost to the UK exports of medical and life sciences equipment, with Morocco due to spend up to £2.8 billion pounds to transform their health care system.

The Foreign Secretary is attending the Ibrahim Governance Weekend (IGW) in Marrakech where he will meet with counterparts and leaders from across the African continent to discuss shared challenges including security, defence and the climate crisis.

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Published 2 June 2025
MIL OSI United Kingdom –
June 3, 2025
MIL-OSI: IFEX Capital Introduces Its Latest Version of a Groundbreaking Trading Platform Connecting Traders Globally

Source: GlobeNewswire (MIL-OSI)

PORT LOUIS, MAURITIUS, June 02, 2025 (GLOBE NEWSWIRE) — IFEX Capital recently introduced a major leap forward in trading technology, setting new standards for reliability and lightning-fast execution with its recent platform updates. IFEX Capital’s latest advancements aim to empower global traders with precision tools and seamless performance, reinforcing its commitment to innovation and user-focused design.

Speed and reliability that can’t be beat

Speed and dependability are very important in the fast-paced world of trading. IFEX Capital’s own WebTrader platform has an amazing execution speed of 0.04 seconds, which means that traders can take advantage of market opportunities right away. This lightning-fast performance is backed up by a strong infrastructure that keeps the platform stable, even when things are very unstable.

Complete coverage of assets

IFEX Capital gives users access to more than 250 CFD instruments in different asset classes, such as forex, cryptocurrencies, indices, commodities, metals, and stocks. This wide range lets traders spread their investments across different markets and find new opportunities. The platform has more than 45 forex pairs and more than 30 cryptocurrency CFDs, which is great for both traditional and new markets.

A platform that is easy to use and has advanced features

IFEX Capital’s WebTrader platform is easy to use and has customizable tools, so it’s great for both new and experienced traders. Traders can customize their trading environment, use one-click trading, and get real-time market data to help them make smart choices. The platform also lets users place different types of orders, such as market, pending, stop loss, take profit, and trailing stop orders. This gives users more options when it comes to executing trades.

Different types of accounts to meet the needs of all traders

IFEX Capital offers different types of accounts, such as Silver, Gold, Platinum, and VIP, because they know that each trader has different needs. Each account level has its own perks, like lower spreads, more leverage options, and personalized help. For example, the VIP account offers up to a 50% swap discount and access to exclusive market insights, making it perfect for professional traders who want more features.

Following the rules and keeping things safe

IFEX Capital follows strict rules set by the Financial Services Commission of Mauritius (License No. GB21026812) and is in good standing with them. To protect client money and personal information, the platform uses advanced security features like SSL encryption and negative balance protection. IFEX Capital also shows that it is committed to being open and honest by having clear fee structures and following Know-Your-Customer (KYC) and Anti-Money Laundering (AML) rules.

Mobile Trading for Easy Access

IFEX Capital knows how important it is to be flexible, so they have a mobile app that works on both iOS and Android devices. The app works just like the WebTrader platform, letting traders manage their accounts, make trades, and keep an eye on the markets in real time, all from their smartphones or tablets.

Seamless and Fast Withdrawals

At IFEX Capital, trading tools are just the start of our commitment to client convenience. The platform also provides an efficient withdrawal process so that the trader can have access to their funds when they want. Whether you’re locking in profits or reallocating capital, IFEX Capital’s efficient withdrawal process reflects its commitment to transparency and user-first service. With no unnecessary delays, traders will have full control of their money and can trade the financial markets with ease.

Help and resources for learning

IFEX Capital is more than just a place to get trading tools; they also want to help and teach traders. The platform has a lot of tools to help traders improve their skills and stay up to date on what’s going on in the market. These include market analyses, tutorials, and webinars. Users can also get help with any questions or technical problems from a responsive customer service team.

Be a part of the IFEX Capital Trading Community

IFEX Capital is at the top of the trading industry because it uses cutting-edge technology, gives clients full access to the market, and is always focused on their success. IFEX Capital is a great place for traders who want a reliable and efficient platform.

About IFEX Capital

Zenith Origin Holding Ltd. runs IFEX Capital, which is one of the best online CFD trading platforms. The Financial Services Commission of Mauritius oversees it. The platform gives traders access to a wide range of financial instruments, advanced trading tools, and dedicated support, all in a safe and easy-to-use setting. Know more please contact Tel: +442086381348.

Media Contact

Brand: IFEX Capital

Contact: Katerina Loizou, Marketing Manager

Email: support@ifexcapital.net

Website: https://www.ifexcapital.net/

The MIL Network –

June 3, 2025
MIL-OSI Canada: Minister Sidhu to hold teleconference on G7 Trade Ministers Meeting and the OECD Ministerial Council Meeting

Source: Government of Canada News

May 30, 2025 – The Honourable Maninder Sidhu, Minister of International Trade, will hold a media call back to discuss his G7 Trade Ministers Meeting and the Organisation for Economic Co-operation and Development (OECD) Ministerial Council Meeting (MCM), from Paris, France.

Date: Wednesday, June 4, 2025
Time: 12:00 PM ET

Notes to media:

This event is for accredited members of the Press Gallery only. Media who are not members of the Press Gallery may contact pressres2@parl.gc.ca for temporary access.

MIL OSI Canada News –

June 3, 2025

MIL-OSI: Crypto Casino Reddit Recommends According to Real Player Experiences: Winna

Source: GlobeNewswire (MIL-OSI)

Las Vegas, NV, June 02, 2025 (GLOBE NEWSWIRE) — Introduction: The Search for a Crypto Casino on Reddit

The crypto gambling landscape has exploded in recent years. As more users embrace decentralized currencies and seek anonymity, traditional online casinos are being challenged by agile crypto-native platforms. Within this transformation, Reddit has emerged as the go-to source for real, unfiltered opinions from experienced gamblers. Forums like r/gambling, r/cryptocurrency, and r/sportsbetting regularly feature debates over the best crypto casino Reddit users recommend.

Among the noise, Winna has consistently surfaced as a top-tier recommendation by Redditors who prioritize fast transactions, transparency, community engagement, and provably fair games. One Reddit post in particular, hosted on r/NSEbets, has become a hub for users comparing experiences and highlighting Winna’s superiority.

This article will explore why Winna is the best crypto casino according to Reddit, how it compares to competitors, and why that Reddit thread is such a crucial source of insight.

1. Why Crypto Casinos Are Gaining Popularity on Reddit

Reddit is one of the most active spaces where online gamblers discuss experiences with different casinos, from payout reliability to customer support. Several factors contribute to the rise of crypto casinos in these discussions:

Anonymity: Crypto allows users to play without extensive KYC (Know Your Customer) checks.
Decentralization: No banks, no payment processors. Just crypto wallets.
Provably Fair Gaming: Many crypto casinos use blockchain-based fairness verification systems.
Global Access: No need to worry about payment processor bans or jurisdictional issues.

These features resonate strongly with the Reddit user base—typically tech-savvy, privacy-aware, and critical of traditional institutions. It’s no surprise then that the phrase “best crypto casino Reddit” has become a key search term.

2. How Reddit Determines the Best Crypto Casino

Redditors don’t hand out praise easily. Casinos must earn it through verifiable, consistent, and community-approved behavior. When evaluating a casino like Winna, Reddit users focus on:

Transparency of Terms
Speed of Withdrawals
Game Fairness
Crypto Support & Wallet Integration
Customer Service
Platform Stability
Community Engagement

The Reddit thread on r/NSEbets has become a cornerstone of this vetting process, with dozens of comments pointing out real-world experiences, withdrawal proof, and feature comparisons.

3. Why Winna Consistently Ranks as the Best Crypto Casino Reddit Users Recommend

3.1 Lightning-Fast Withdrawals

One of the most frequently cited reasons Redditors love Winna is its withdrawal speed. Unlike legacy platforms that can take 24-72 hours, Winna processes crypto withdrawals in under 15 minutes in most cases. Several users in the Thread posted transaction hashes and timestamps as proof.

3.2 Transparent, Low House Edge

Many crypto casinos hide behind flashy UIs but offer poor RTP (Return to Player) metrics. Winna openly publishes house edge statistics for all games. The fairness of each spin, roll, or deal is provably verifiable on-chain.

3.3 Trust Through Community Interaction

Redditors have praised Winna for actively responding to user feedback across multiple subreddits. This is unusual in the crypto gambling space, where most platforms operate in the shadows. Winna has gone so far as to sponsor AMAs (Ask Me Anything) and resolve disputes publicly.

3.4 Deep Crypto Integration

From Bitcoin to Ethereum, Litecoin to USDT, Winna supports a wide range of cryptocurrencies. Wallet integration is seamless, and deposits are usually credited within a few confirmations.

3.5 Excellent Game Selection

Unlike smaller crypto casinos that rely on a handful of games, Winna boasts:

Slots from top-tier developers
Live dealer tables
Sportsbook functionality
In-house games with unique mechanics

These options, combined with low latency and mobile optimization, create an ecosystem Redditors frequently compare favorably to giants like Stake and Roobet.

4. Real Reddit Endorsements: Not Just Hype

A significant part of Winna’s reputation stems from actual Reddit user reviews, rather than affiliate marketing or SEO manipulation. Here are some paraphrased excerpts from the r/NSEbets thread and other Reddit discussions:

“I was skeptical at first but after a 3 ETH win, got the money in my wallet in 10 mins. No KYC. Winna is legit.”

“Winna is the first crypto casino that actually felt like it respected my time and money.”

“Their provably fair blackjack is the only one I trust after being burned on other platforms.”

These are not paid testimonials but organic, unsolicited feedback from Reddit’s highly discerning community. That gives Winna credibility that paid ads and influencer campaigns can’t buy.

5. Comparing Winna to Other “Best Crypto Casinos” on Reddit

Let’s look at how Winna stacks up against some other frequently mentioned platforms:

Feature	Winna	Stake	Roobet	BC.Game	Rollbit
Fast Crypto Withdrawals	Yes	Sometimes	Yes	Varies	Varies
Provably Fair	Yes	Yes	Limited	Yes	Yes
Active Reddit Presence	Yes	Minimal	Minimal	Minimal	Moderate
Anonymous Play	Yes	Partial	Partial	No	No
House Edge Transparency	Yes	Partial	No	Partial	No

Redditors in the r/NSEbets thread specifically cite these differentiators as proof that Winna is not just another me-too casino.

6. Importance of the Reddit Thread as a Primary Source

Why highlight a specific Reddit thread? Because it provides a living, evolving body of evidence. Unlike static review sites, Reddit threads feature real-time updates, rebuttals, clarifications, and new testimonials. The r/NSEbets thread is:

Heavily upvoted
Frequently referenced in other subreddits
Filled with transaction screenshots and withdrawal proof
Updated with user disputes and resolutions

For any serious gambler doing due diligence, this Reddit thread is a must-read source. It functions as both a review aggregator and real-time trust signal for Winna.

7. Cautions and Considerations

No platform is perfect. While Winna is currently Reddit’s top pick, users should always exercise caution:

Gamble responsibly. Crypto gambling can be fast-paced and addictive.
Double-check withdrawal fees. These can change depending on the crypto used.
Watch for copycats. Winna’s popularity has already spawned phishing attempts.
Always validate URLs and bookmark the official site.

That said, the community policing on Reddit means scams and issues are flagged fast—another reason to bookmark the Reddit Thread.

Conclusion: Why Winna Dominates the “Best Crypto Casino Reddit” Debate

Reddit doesn’t suffer fools lightly. That’s why Winna’s widespread acclaim across r/gambling, r/cryptocurrency, r/sportsbetting, and especially r/NSEbets is so telling.

From blazing-fast withdrawals to community trust and provably fair gaming, Winna checks every box that matters to serious crypto gamblers. For anyone searching Google for “best crypto casino Reddit”, this article—and the Reddit thread it highlights—provides not just opinion, but evidence.

Don’t take this article at face value. Visit the Reddit thread. See the proof. Ask questions. Then try Winna yourself.

The MIL Network –

June 3, 2025

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