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Category: Trade

  • MIL-OSI United Kingdom: UK and Türkiye agree big step towards multi-billion-pound export of Typhoon fighter jets

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK and Türkiye agree big step towards multi-billion-pound export of Typhoon fighter jets

    A multi-billion-pound export deal of Typhoon fighter jets to Türkiye – which could secure thousands of skilled UK jobs – is a significant step closer today, following the signing of an agreement that will also strengthen the UK-Türkiye partnership.

    • Defence Ministers of UK and Türkiye sign agreement in Istanbul, a major step towards the export of Typhoon fighter jets to Türkiye.

    • Agreement strengthens NATO’s collective deterrence and builds on years of defence cooperation and growing industrial ties between UK and Türkiye.

    • 20,000 UK jobs are supported by Typhoon programme, with exports set to secure thousands of UK production line jobs, delivering on the Government’s Plan for Change.  

    Defence Secretary John Healey and Defence Minister Yaşar Güler signed the Memorandum of Understanding at the International Defence Industry Fair in Istanbul. Building on years of defence cooperation, they agreed that a future Typhoon exports deal would strengthen Türkiye’s advanced combat capabilities and help sustain the 20,000 UK jobs involved in the Typhoon programme here at home.

    Negotiations on the potential deal with Türkiye will now continue over the coming weeks. It would be the first export order the UK has secured for Typhoon since 2017.

    By securing thousands of jobs on UK production lines, the Government will be delivering on our Plan for Change by driving defence as an engine for economic growth.

    Prime Minister Keir Starmer said:

    The UK’s production of Typhoon fighter jets is an engine for economic growth – supporting the lives and livelihoods of thousands of British people right across the UK. 

    Signing a multi-billion export deal with Türkiye will sustain and protect 20,000 UK jobs for future years to come – which is why my government is so dedicated to securing it. It will bolster our vital defence industry, deliver on our Plan for Change and keep us and our allies safer during these uncertain times.

    Defence Secretary John Healey MP said:

    Today’s agreement is a big step towards Türkiye buying UK Typhoon fighter jets. It shows this government’s determination to secure new defence deals, building on our relationships abroad to deliver for British working people.

    Equipping Türkiye with Typhoons would strengthen NATO’s collective defence, and boost both our countries’ industrial bases by securing thousands of skilled jobs across the UK for years to come.

    Last month’s Strategic Defence Review stressed the importance of exports, and now with our new defence exports office, we are developing defence’s role as an engine for economic growth as a foundation of the government’s Plan for Change.” 

    It comes as the Defence Secretary John Healey makes the drive for new defence export deals a high priority.

    The Ministry of Defence is preparing to take on responsibility for defence exports from 31st July, in a significant step of delivery for the Strategic Defence Review. The defence exports team will back British businesses on the global stage, drive potential exports and seek to enhance economic growth.

    The latest statistics show UK defence exports were valued at £14.5 billion in just a 12-month period. Following the SDR’s direction, it moves responsibility for defence exports from the Department for Business and Trade, making the MOD the lead for securing deals for military equipment with our allies.

    The Typhoon workshare agreement would see more than a third (37%) of each aircraft manufactured in the UK; the rest of each aircraft would be produced by the Eurofighter Partner Nations. Final production at BAE Systems’ Warton site would include radars from Edinburgh and engines from Bristol, helping secure thousands of UK jobs.

    Charles Woodburn, Chief Executive, BAE Systems said:

    This Memorandum of Understanding between the Governments of Türkiye and the UK underscores the importance of their long-standing defence co-operation through NATO and the critical role Typhoon plays in security and defence in Europe and the Middle East.

    The UK also continues to invest in its own world-class Typhoon fleet, which will remain the backbone of the UK’s air defence until at least the 2040s. The RAF’s existing Typhoons are being upgraded over the next 15 years, supporting skilled jobs across the UK.

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    Updates to this page

    Published 23 July 2025

    MIL OSI United Kingdom –

    July 23, 2025
  • MIL-OSI Russia: An exhibition dedicated to the winners of the Moscow Masters competition opened at VDNKh

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    A new photo exhibition has opened at VDNKh near the northern rose garden. On the stands, residents and guests of the capital can see the faces of the winners of the Moscow Masters competition: the best builder, paramedic, metro train driver, pastry chef, museum worker-tour guide, veterinarian and many other specialists. The exhibition will be open to everyone until the end of the summer.

    “The city competition of professional skills “Moscow Masters” traditionally unites the best representatives of various professions, demonstrating the highest level of their competence. The photo exhibition highlights the professional achievements of each of them. Many participants in the competition represent entire labor dynasties, where love for the profession is passed down through generations,” said

    Ekaterina Dragunova, Chairman of the Committee for Public Relations and Youth Policy of the City of Moscow.

    Viewers will see the craftsmen at their workplace: at a construction site or a subway station, in an ambulance, a hospital operating room, or in the driver’s cabin of an electric train.

    One of the heroines of the photo exhibition, nurse Alena Sokolova, is captured in the corridors of the city clinical hospital named after V. M. Buyanov. But this year she had the opportunity to work in different places, including one of the hospitals in Kursk, where she helped her colleagues.

    Alena Sokolova said that she made her choice of profession consciously. The work of a nurse has always been valued. According to her, standing in a surgical suit and holding instruments in her hands, she clearly understands that her profession is not just a job.

    The winner in the nomination “Civil Engineering Work Manager” this year was a woman for the first time. Yulia Fedina has been in the profession for 20 years. When choosing her professional path, she followed the example of her father, a civil engineer, and never doubted her decision, although the profession is traditionally perceived as male.

    Yulia Fedina shared that she loves her job for its creativity. She likes to build new facilities, especially social ones that children visit. Moscow is developing thanks to the efforts of many specialists, including builders. They make a professional contribution to the creation of a comfortable urban environment.

    With the help of construction industry specialists, the city is growing, and its decoration and maintenance are carried out by green workers.

    Landscaper Irina Khandak said that, walking in the parks of her beloved city, even when she was very young, she always paid attention to the natural beauty of the place, to those man-made tools that made this beauty even more expressive. This predetermined her choice of profession.

    “Moscow Masters”: the best specialists in the tourism sector were named in the capitalThe winner of the Moscow Masters competition in the Youth Work Specialist category has been announced

    “Moscow Masters” is an annual city competition for those who make the capital better every day. Rescuers and engineers, city public transport drivers, medical workers, specialists from socially oriented non-profit organizations and other representatives of in-demand specialties compete for the title of the best in their profession.

    The competition is being held for the 28th time within the framework of the social partnership system between the Moscow Government, the Moscow Federation of Trade Unions and the Moscow Confederation of Industrialists and Entrepreneurs (Employers) with the support of the capital Committee on Public Relations and Youth Policy.

    Detailed information about the competition is published on the website “Moscow Masters” and in telegram channel.

    The photo exhibition was organized by the Committee for Public Relations and Youth Policy of the City of Moscow.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

     

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 23, 2025
  • MIL-OSI Africa: From online to onstage: Attending an international Trade Fair in The Gambia for the first time

    Source: APO – Report:

    .

    Participating in trade shows is crucial for the growth of small businesses. It provides them opportunities to sell, network and enhance their visibility. Yet, many entrepreneurs, especially in least developed countries, struggle to participate in trade fairs due to high costs. That was the case for Mariama S. Ceesay, founder of Her Sacred Veil, a bespoke fashion brand in The Gambia.

    “I had never participated in a trade show before because I did not have the financial means to cover the cost of a stall,” says Mariama. “As a small business owner, most of my resources focus on production and fulfilling customer orders.”

    This changed when the European Union Youth Empowerment Project – Tourism and Creative Industries, funded by the European Union and implemented by the International Trade Centre (ITC), stepped in. The project covered 90% of her stall fee, provided training and visibility products.

    “I received training, help with my branding and an e-business card. Additionally, the project organized engaging activities around our stalls to attract more visitors and increase visibility for our businesses,” Mariama says said.

    Before the fair, Her Sacred Veil operated mostly online. “I was mainly selling my products online through TikTok and WhatsApp. I used TikTok to showcase my products and reach a wider audience, while WhatsApp helped me manage orders and communicate directly with customers. Now at the trade fair, I was able to show the quality, creativity and craftsmanship that go into every outfit I design,” explains Mariama. 

    The experience was a breakthrough. Mariama made several sales and gained a new customer base. “I was happy about the orders I received during and after the trade fair. I also made some useful business contacts that will hopefully lead to future opportunities,” she says.

    Mariama’s highlight was connecting directly with new customers and hearing their positive feedback about her bespoke outfits. “It was exciting that people appreciated my designs and placed orders on the spot.”

    She did not hit her target in terms of sales, but for Mariama, the trade fair was much more than that. `Sales were lower than expected, but I learned a lot, especially about converting interest into purchases.”

    Now, the business owner is thinking bigger. She plans to attend more fairs and seek for support to acquire equipment and a showroom. “I’m currently working with one sewing machine. I dream of getting an overlock machine and creating a space that truly reflects my brand.”

    – on behalf of International Trade Centre.

    MIL OSI Africa –

    July 23, 2025
  • MIL-OSI China: Trump says US completes trade deal with Japan

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

    U.S. President Donald Trump said Tuesday that the United States has reached a trade deal with Japan, which will impose a 15 percent tariff on Japanese goods.

    Japan will invest 550 billion U.S. dollars into the United States, which will receive 90 percent of the profits, said Trump, adding that the deal will create hundreds of thousands of jobs.

    “Japan will open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things. Japan will pay Reciprocal Tariffs to the United States of 15 percent,” said Trump in a post on social media.

    In a recent letter to Japanese Prime Minister Shigeru Ishiba, Trump threatened to raise the so-called reciprocal tariff on Japan to 25 percent starting Aug. 1, higher than the 24 percent tariff announced on April 2.

    As one of the major U.S. trading partners, Japan has been tough in bilateral trade talks.

    The United States saw 68.5 billion dollars of trade deficit in goods with Japan in 2024, with imports from Japan totalling 148.2 billion dollars and exports to Japan at 79.7 billion dollars, according to the Office of the U.S. Trade Representative.

    Trump also announced a trade deal with the Philippines after meeting Philippine President Ferdinand Marcos Jr. earlier Tuesday.

    Still, the White House hasn’t released details on U.S. trade deals with the Philippines and Japan.

    On Tuesday, the White House unveiled more details about the U.S. trade deal with Indonesia, which was announced on July 15.

    Indonesia will eliminate approximately 99 percent of tariff barriers for a full range of U.S. industrial, food and agricultural products exported to Indonesia, while the United States will impose a 19 percent tariff on products imported from Indonesia, said a release by the White House.

    Indonesia will remove restrictions on exports to the United States of industrial commodities, including critical minerals, it said.

    Trump has signed an executive order earlier this month to extend the 90-day suspension of sweeping U.S. reciprocal tariffs from July 9 to Aug. 1, with trade negotiations ongoing with the European Union and other major trading partners. 

    MIL OSI China News –

    July 23, 2025
  • MIL-OSI: 21Shares Partners with Societe Generale to Expand Institutional Access to Crypto ETPs in Europe

    Source: GlobeNewswire (MIL-OSI)

    Societe Generale to act as market maker for 21Shares’ Bitcoin and Ethereum ETPs on key German and Eastern Europe fund platforms, expanding institutional access to crypto

    Zurich, 23 July 2025 – 21Shares AG, one of the world’s leading issuers of cryptocurrency exchange-traded products (ETPs), is pleased to announce it has entered into an ETP market making fund platform agreement with Societe Generale, a leading institutional player in exchange traded products, to enhance liquidity across 21Shares ETPs on fund platforms for investors in Germany and Eastern Europe.

    As part of the agreement, Societe Generale will support the trading of 21Shares’ Bitcoin and Ethereum ETPs (ABTC, CBTC, AETH, CETH) by providing over-the-counter liquidity on key fund platforms in Germany and Eastern Europe. These platforms, typically operated by major financial institutions, serve as critical infrastructure for institutional trading. By joining these platforms, where Societe Generale acts as a market maker, 21Shares’ flagship crypto products will now be accessible to a wider base of professional investors, expanding institutional reach across Germany and Eastern Europe.

    “We are thrilled to partner with Societe Generale, a major player in the European ETF space, as we continue to expand access to our ETPs,” said Alistair Byas-Perry, Global Head of Capital Markets & EMEA Investment at 21Shares. “By bringing liquidity to our Bitcoin and Ethereum ETPs, Societe Generale is helping us advance our mission to deliver the most efficient and trusted crypto investment solutions to the market.”

    “Societe Generale is excited to partner with 21Shares, a leading provider of cryptocurrency ETPs, to support the trading of their Bitcoin and Ethereum ETPs on fund platforms. This marks a significant milestone in our commitment to providing innovative liquidity solutions and enhancing access to a wide range of ETFs and ETPs for our clients,” said Martina Schroettle, Head of ETF Sales Trading UK at Societe Generale.

    The partnership is expected to enhance liquidity, execution quality, and ease of access for German and Eastern European institutional investors navigating the digital asset market.

    For more information on 21Shares’ full product suite, visit www.21shares.com.

    Notes to editors

    About 21Shares

    21Shares 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 specialised 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.

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network –

    July 23, 2025
  • MIL-OSI Russia: US Agrees on Trade Deal with Japan – D. Trump

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    WASHINGTON, July 23 (Xinhua) — The United States has reached a trade deal with Japan that includes a 15 percent tariff on Japanese goods, U.S. President Donald Trump said on social media on Tuesday.

    Japan will invest $550 billion in the United States, which will receive 90 percent of the profits, he said, adding that the deal will create hundreds of thousands of jobs.

    “Japan will open its country to trade, including cars and trucks, rice and some other agricultural products, and other goods. Japan will pay the United States equivalent tariffs of 15 percent,” the president wrote.

    In a recent letter to Japanese Prime Minister Shigeru Ishiba, the U.S. leader threatened to raise tariffs on Japan to 25 percent from August 1, up from the 24 percent tariff announced on April 2.

    As one of the United States’ major trading partners, Japan has been tough in bilateral trade negotiations.

    According to the Office of the U.S. Trade Representative, the U.S.-Japan merchandise trade deficit in 2024 was $68.5 billion, with imports from Japan reaching $148.2 billion and exports to Japan reaching $79.7 billion.

    D. Trump also announced a trade deal with the Philippines after meeting with the country’s President Ferdinand Marcos Jr. earlier on Tuesday.

    The White House did not release details of the trade deals with the Philippines and Japan.

    On Tuesday, U.S. officials released more details about the trade deal with Indonesia, which was announced July 15. Indonesia will eliminate about 99 percent of tariff barriers on a full range of U.S. manufactured, food, and agricultural goods, while the United States will impose a 19 percent tariff on Indonesian imports. Jakarta will also lift restrictions on exports to the U.S. of manufactured goods, including key minerals.

    Earlier in July, Trump pushed back the tariffs’ implementation date from July 9 to August 1 amid ongoing negotiations with the European Union and other major trading partners. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 23, 2025
  • Focus on trade, investment during PM Modi’s UK visit: High Commissioner Doraiswami

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi’s upcoming visit to the United Kingdom will prioritise trade, investment, and the advancement of the India-UK Free Trade Agreement (FTA), Indian High Commissioner to the UK, Vikram Doraiswami, said on Tuesday.

    Speaking to IANS, Doraiswami underlined that preparations are in full swing to reinforce the Comprehensive Strategic Partnership between the two nations. “Our entire team is working in London to prepare for the visit,” he said.

    “We will be discussing a lot on trade and investment, especially how to implement the trade agreement once it is signed, and how both countries can further strengthen their economic relationship,” Doraiswami said. He added that Indian companies operating in the UK have been “largely satisfied” with market access.

    Doraiswami noted that while the core negotiations on the FTA were concluded in May, certain formalities remain. “The main negotiations have concluded, but some paperwork is still pending,” he said, adding that the process, known as ‘legal scrubbing,’ ensures the agreement is legally sound and all documents are in order.

    PM Modi is set to visit the UK from July 23–24 at the invitation of British Prime Minister Keir Starmer. It will be his fourth visit to the country.

    According to the Ministry of External Affairs, the visit will include a review of progress under the bilateral strategic partnership. Discussions will cover trade, technology, defence, climate, health, education, and people-to-people ties.

    IANS

    July 23, 2025
  • MIL-OSI: Prosafe SE: Commencement of subscription period for the Warrants Offering

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL 

    Reference is made to the stock exchange announcement made by Prosafe SE (“Prosafe” or the “Company“) on 18 July 2025 regarding the publication of a prospectus (the “Prospectus“) approved by the Norwegian Financial Supervisory Authority for, inter alia, the offering of up to 17,868,651 warrants (the “Warrants“) (the “Warrants Offering“).

    The subscription period for the Warrants Offering (the “Subscription Period“) commences today, 23 July 2025 at 09:00 hours (CEST) and expires on 6 August 2025 at 16:30 hours (CEST), unless extended in accordance with the terms set out in the Prospectus.

    The Warrants may be subscribed for by shareholders of the Company as of 16 May 2025, as recorded in the Company’s shareholder register in Euronext Securities Oslo (VPS) on 20 May 2025 (the “Record Date“) (the “Eligible Shareholders“). The Eligible Shareholders shall have a preferential right to subscribe for and be allocated the Warrants in proportion to their shareholding in the Company on the Record Date, pursuant to Section 11-13 of the Norwegian Public Limited Liability Companies Act, cf. Section 10-4. The preferential right to subscribe for the Warrants may not be transferred by the Eligible Shareholders. Oversubscription or subscription without subscription rights is not permitted. The Warrants may not be subscribed for by investors in jurisdictions where such subscription is not permitted or where the offering of such warrants is not legally allowed.

    No consideration shall be paid for the Warrants. The Warrants shall not be transferable. The Warrants will be registered in Euronext Securities Oslo (VPS).

    Subscriptions for Warrants must be made by submitting a correctly completed subscription form to the Receiving Agent (as defined below) during the Subscription Period, or may, for subscribers who are residents of Norway with a Norwegian personal identification number, be made online during the Subscription Period. Please see the Prospectus for further information about the Warrants Offering, including subscription procedures and the complete terms of the Warrants Offering. The Prospectus (including the subscription form for the Warrants Offering) is, subject to applicable securities laws, available on the Company’s website: www.prosafe.com.

    Subscriptions may only be made on the basis of the Prospectus. Allocation of Warrants will be made by the Company’s board of directors based on the number of Warrants subscribed for by each shareholder in accordance with the number of Warrants each subscriber has the right to subscribe for.

    The Warrants may be exercised during the period starting at 09:00 (CEST) on 11 August 2025 and concluding at 16:30 (CEST) on 25 August 2025 (the “Exercise Period“). One Warrant entitles the holder to request the issuance of one ordinary share in the Company. Eligible Shareholders having validly subscribed for and been allocated Warrants will receive an exercise form prior to the Exercise Period. Exercise shall be carried out by submitting a correctly completed exercise form to the Receiving Agent (as defined below) during the Exercise Period, or may, for Warrant holders who are residents of Norway with a Norwegian personal identification number, be made online during the Exercise Period. Warrants that are not exercised before the expiry of the Exercise Period will have no value and will lapse without compensation to the holder.

    To the extent members of the Company’s board of directors or management or closely related parties of such are prohibited from exercising Warrants in the Exercise Period due to securities law restrictions, these shall have the right to exercise Warrants during a period which expires two weeks after such restrictions lapse, as set out in the resolution to issue the Warrants at the Company’s extraordinary general meeting held on 16 May 2025 (the “EGM“). Exercises can in any case not take place after 31 December 2025.

    The subscription price upon exercise of the Warrants is EUR 0.01 per new share. Pursuant to the resolution adopted by the EGM, the Company plans to establish a NOK-based exchange mechanism for the contribution, whereby each exercising Warrant holder will be debited a NOK amount covering the EUR subscription amount, currently expected to be NOK 0.15 per share.

    Advokatfirmaet Schjødt AS acts as legal advisor to the Company in connection with the Warrants Offering. DNB Issuer Services, a part of DNB Bank ASA (the “Receiving Agent” as well as the “Settlement Agent“) acts as both the Receiving Agent and Settlement Agent for the Company in connection with the Warrants Offering.

    For further information, please contact:

    Terje Askvig, CEO

    Phone: +47 952 03 886

    Reese McNeel, CFO

    Phone: +47 415 08 186

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the requirements of Oslo Børs’ Continuing Obligations.

    About Prosafe

    Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com (https://www.prosafe.com/)

    Important information

    This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

    The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act“), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering or their securities in the United States or to conduct a public offering of securities in the United States. Any sale in the United States of the securities mentioned in this announcement will be made solely to “qualified institutional buyers” as defined in Rule 144A under the Securities Act.

    In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression “Prospectus Regulation” means Regulation 2017/1129 as amended together with any applicable implementing measures in any Member State.

    This communication is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only for relevant persons and will be engaged in only with relevant persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

    Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe”, “expect”, “anticipate”, “strategy”, “intends”, “estimate”, “will”, “may”, “continue”, “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control.

    Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in investment levels and need for the Company’s services, changes in the general economic, political and market conditions in the markets in which the Company operate, the Company’s ability to attract, retain and motivate qualified personnel, changes in the Company’s ability to engage in commercially acceptable acquisitions and strategic investments, and changes in laws and regulation and the potential impact of legal proceedings and actions. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not provide any guarantees that the assumptions underlying the forward-looking statements in this announcement are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this announcement or any obligation to update or revise the statements in this announcement to reflect subsequent events. You should not place undue reliance on the forward-looking statements in this announcement. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement.

    This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities in the Company.

    The MIL Network –

    July 23, 2025
  • MIL-OSI China: Hainan Free Trade Port to officially launch island-wide independent customs operation on Dec. 18

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

    Hainan Free Trade Port to officially launch island-wide independent customs operation on Dec. 18

    BEIJING, July 23 — China’s Hainan Free Trade Port will officially launch island-wide independent customs operation on Dec. 18, 2025, as approved by the Communist Party of China (CPC) Central Committee, an official with the country’s top economic planner announced Wednesday.

    The launch on this symbolic date, which marks the anniversary of the milestone Third Plenary Session of the 11th CPC Central Committee in 1978 that ushered in the reform and opening-up, underscores China’s unwavering commitment to high-standard opening-up, Wang Changlin, deputy head of the National Development and Reform Commission, said at a press conference.

    Preparations on the policy front for the island-wide independent customs operation are already in place, said Feng Fei, secretary of the CPC Hainan provincial committee at the press conference.

    MIL OSI China News –

    July 23, 2025
  • MIL-OSI China: More imported products to enjoy zero-tariff policy in Hainan Free Trade Port

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

    BEIJING, July 23 — The proportion of tariff lines with zero-tariff products in Hainan Free Trade Port will increase from 21 percent to 74 percent, according to a press conference held on Wednesday.

    Wang Changlin, deputy head of the National Development and Reform Commission, announced that the free trade port will launch island-wide independent customs operation on Dec. 18, 2025.

    Vice Minister of Finance Liao Min noted that duty-free items in Hainan will increase from about 1,900 to around 6,600, marking a significant boost in openness.

    Imported products that undergo at least 30 percent value-added processing in Hainan can enter the mainland tariff-free. Certain goods currently banned or restricted nationwide will enjoy open policies in Hainan.

    “We will take a targeted regulatory approach of low-intervention and high-efficiency for zero-tariff and relaxed management goods, ensuring smooth implementation of the opening-up policies,” Wang said.

    MIL OSI China News –

    July 23, 2025
  • MIL-OSI China: Chinese commerce minister holds video meeting with EU trade commissioner

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

    BEIJING, July 23 — Chinese Commerce Minister Wang Wentao held a meeting via video link with the European Commissioner for Trade and Economic Security Maros Sefcovic on Tuesday, according to a statement released Wednesday by China’s Ministry of Commerce.

    The two sides conducted frank and in-depth discussions on China-European Union (EU) economic and trade cooperation and related key issues. Wang also made solemn representations regarding the EU’s inclusion of two Chinese financial institutions in its 18th round of sanctions against Russia, said the statement.

    MIL OSI China News –

    July 23, 2025
  • MIL-OSI: Equinor second quarter 2025 results

    Source: GlobeNewswire (MIL-OSI)

    Equinor (OSE:EQNR, NYSE:EQNR) delivered an adjusted operating income* of USD 6.53 billion and USD 1.74 billion after tax* in the second quarter of 2025. Equinor reported a net operating income of USD 5.72 billion and a net income of USD 1.32 billion. Adjusted net income* was USD 1.67 billion, leading to adjusted earnings per share* of USD 0.64.

    Solid financial results

    • Strong operational performance and production growth
    • Higher US onshore gas production capturing higher prices
    • Stable cost and capex in line with guidance
    • Balance sheet remains robust through lower price environment

    Strategic progress

    • Delivered key milestones on Johan Castberg, Johan Sverdrup phase 3 and Fram South/Troll
    • Announced divestment of the Peregrino field in Brazil for USD 3.5 billion
    • Financial close of Baltyk 2 & 3 offshore wind projects in Poland
    • Empire Wind 1 project development back in execution. Impairments driven by regulatory changes for future offshore wind projects leading to a loss of future synergies on South Brooklyn Marine Terminal, and increased exposure to tariffs

    Capital distribution

    • Ordinary cash dividend of USD 0.37 per share, third tranche of share buy-back of up to USD 1.265 billion
    • Expected total capital distribution of USD 9 billion in 2025

    Anders Opedal, President and CEO of Equinor ASA:

    “We are on track to deliver production growth in 2025 in line with our guidance. Strong operational performance and Johan Castberg reaching plateau are key contributors this quarter. In today’s volatile markets we stay committed to being a long-term energy provider to Europe.”

    “Last year, we strengthened our onshore gas portfolio in the US and this has created substantial value this quarter, with a fifty percent increase in gas production at prices almost eighty percent higher than the same time last year.“

    “We continue to progress our portfolio in renewables, and the Empire Wind 1 project development is back in execution. We have reached financial close for the Baltyk 2 & 3 offshore wind projects in Poland at favourable terms, contributing to strong returns.”

    Solid production

    Equinor delivered a total equity production of 2,096 mboe per day in the second quarter, up 2% from 2,048 mboe in the same quarter last year.

    On the Norwegian continental shelf the operational performance was strong. New production from the Johan Castberg field reaching plateau and Halten East contributed. Together, this offset natural decline, impact from the turnaround at Hammerfest LNG and maintenance at the Kollsnes processing plant.

    The acquisition of additional interests in US onshore assets in 2024, and higher production from these assets, contributed to a 28% increase in oil and gas production from US in the second quarter, compared to the same period last year.

    The production from the international upstream segment, excluding US, is down compared to the same quarter last year, due to exits from Nigeria and Azerbaijan in 2024. Higher production in Brazil, and new wells in Argentina and Angola, contributed positively.

    The total power generation from the renewable portfolio was 0.83 TWh. The increase compared to second quarter last year is due to ramp up of power production from Dogger Bank A and new production from the onshore wind farm Lyngsåsa in Sweden which was acquired in first quarter 2025.

    In the quarter, Equinor completed 5 offshore exploration wells on the NCS with 2 commercial discoveries.

    Strong financial results

    Equinor delivered an adjusted operating income* of USD 6.53 billion and USD 1.74 billion after tax* in the second quarter of 2025. The results are affected by lower liquids prices, which were partially offset by higher gas prices and higher production.

    The reported net operating income of USD 5.72 billion is down from USD 7.66 billion in the same quarter last year. This is impacted by an impairment of USD 955 million due to regulatory changes causing loss of synergies from future offshore wind projects and increased exposure to tariffs. Of this, USD 763 million is related to Empire Wind 1/South Brooklyn Marine Terminal project and the remainder is related to the Empire Wind 2 lease.

    Equinor realised a European gas price of USD 12.0 per mmbtu and realised liquids prices were USD 63.0 per bbl in the second quarter.

    Adjusted operating and administrative expenses* are stable from the same quarter last year.

    Strong operational performance generated cash flows provided by operating activities, before taxes paid and working capital items, of USD 9.17 billion for the second quarter.

    Equinor paid two NCS tax instalments totalling USD 6.85 billion in the quarter. From August, the payments of tax on the NCS will be changed to ten installments annually, and for third quarter Equinor expects to pay two installments of NOK 19.7 billion each.

    Cash flow from operations after taxes paid* ended at USD 1.94 billion.

    Organic capital expenditure* was USD 3.40 billion for the quarter, and total capital expenditures were USD 3.58 billion.

    The net debt to capital employed adjusted ratio* was 15.2% at the end of the second quarter, compared to 6.9% at the end of the first quarter of 2025. The calculation of net debt ratio includes the effect of the Norwegian state’s share of the share buy-back, at USD 4.26 billion paid in July.

    Strategic progress

    Since the end of the last quarter, Equinor progressed projects to facilitate long-term production and value creation on the Norwegian continental shelf. The plan for development and operation on Fram South was submitted and final investment decision was made on Johan Sverdrup phase 3 in the North Sea which are  expected to increase the recoverable volumes from the field by 40-50 million boe.

    After less than three months in production, the Johan Castberg field in the Barents Sea reached plateau on 17 June. The same month, an oil discovery estimated at approximately 9-15 million barrels was made in the area and can contribute with additional reserves for the field.

    Equinor and Centrica signed a long-term gas sales agreement of 55 TWh of natural gas per year for a period of 10 years, demonstrating the importance of long-term gas supplies from the NCS to support the UK’s energy security.

    Equinor continues to high-grade its international portfolio. In the quarter, the sale of the Peregrino field in Brazil for USD 3.5 billion was announced. Equinor will focus on the start-up of the Bacalhau field expected on stream later in 2025 and progressing the Raia gas project. New exploration acreage in the Santos basin was awarded.

    Financial close was announced on the Baltyk 2 and Baltyk 3 offshore wind projects with financing packages totalling EUR 6 billion. The wind projects are located offshore Poland with an expected total capacity of 1.4 GW.

    Competitive capital distribution

    The board of directors has decided a cash dividend of USD 0.37 per share for the second quarter of 2025, in line with communication at the Capital Markets Update in February.

    Expected total capital distribution for 2025 is USD 9 billion, including a share buy-back programme of up to USD 5 billion. The board has decided to initiate a third tranche of the share buy-back programme of up to USD 1.265 billion. The tranche will commence on 24 July and end no later than 27 October 2025.

    The second tranche of the share buy-back programme for 2025 was completed on 17 July 2025 with a total value of USD 1.265 billion.

    All share buy-back amounts include shares to be redeemed by the Norwegian state.

    – – –

    *For items marked with an asterisk throughout this report, see Use and reconciliation of non-GAAP financial measures in the Supplementary disclosures.

    – – –

    Further information from:

    Investor relations
    Bård Glad Pedersen, Senior vice president Investor relations,
    +47 918 01 791 (mobile)

    Press
    Sissel Rinde, Vice president Media relations,
    +47 412 60 584 (mobile)

    This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

    Attachments

    • Equinor Second quarter 2025 Financial Statements and Review
    • CFO presentation – Second quarter 2025 results

    The MIL Network –

    July 23, 2025
  • MIL-OSI: Equinor ASA: Key information relating to cash dividend for the second quarter 2025

    Source: GlobeNewswire (MIL-OSI)

    Key information relating to the cash dividend to be paid by Equinor (OSE: EQNR, NYSE: EQNR) for the second quarter 2025. 

    Cash dividend amount: 0.37

    Announced currency: USD

    Last day including rights: 12 November 2025

    Ex-date Oslo Børs: 13 November 2025

    Ex-date New York Stock Exchange: 14 November 2025

    Record date: 14 November 2025

    Payment date: 26 November 2025

    Date of approval: 22 July 2025

    Other information: The cash dividend per share in NOK will be communicated on 20 November 2025.

    This information is published in accordance with the requirements of the Euronext Oslo Børs Continuing Obligations and is subject to the disclosure requirements pursuant to Section 5-12 in the Norwegian Securities Trading Act. 

    The MIL Network –

    July 23, 2025
  • MIL-OSI: Equinor to commence third tranche of the 2025 share buy-back programme

    Source: GlobeNewswire (MIL-OSI)

    Equinor (OSE: EQNR, NYSE: EQNR) will on 24 July 2025 commence the third tranche of up to USD 1,265 million of the share buy-back programme for 2025, as announced in relation with the second quarter results 23 July 2025. 

    In this third tranche of the share buy-back programme for 2025, shares for up to USD 417.5 million will be purchased in the market, implying a total third tranche of up to USD 1,265 million including shares to be redeemed from the Norwegian State. The tranche will end no later than 27 October 2025. 

    Equinor announced at the Capital Market Update in February 2025 a share buy-back programme of up to USD 5 billion for 2025, including shares to be redeemed from the Norwegian State, in order to conclude the two-year programme for 2024 – 2025, announced in February 2024. The share buy-back programme will be subject to market outlook and balance sheet strength and be structured into tranches where Equinor will buy back shares for a certain value in USD over a defined period. For the third tranche in 2025, Equinor will be entering into a non-discretionary agreement with a third party who will execute repurchases of shares and make its trading decisions independently of the company.

    Commencement of new share buy-back tranches after the third tranche in 2025 will be decided by the board of directors on a quarterly basis in line with the company’s dividend policy and will be subject to board authorisation for share buy-back from the company’s annual general meeting and agreement with the Norwegian State regarding share buy-back (as further described below).

    The purpose of the share buy-back programme is to reduce the issued share capital of the company. All shares purchased as part of the third tranche for 2025 will thus be cancelled through a capital reduction at the annual general meeting of the company in May 2026. 

    Further information about the share buy-back programme and the third tranche:

    The third tranche of the share buy-back programme for 2025 is based on an authorisation granted to the board of directors at the annual general meeting of the company held on 14 May 2025. According to the authorisation, the maximum number of shares which can be purchased in the market is 84 million, of which 67,622,812 remain available per commencement of the third tranche in 2025 (buy-backs made under previous tranches in the authorisation period taken into account). The minimum price that can be paid per share is NOK 50, and the maximum price is NOK 1,000. The authorisation is valid until the annual general meeting of the company in May 2026, but no later than 30 June 2026.

    An agreement between Equinor and the Norwegian State regulates the State’s participation in the share buy-back: at the annual general meeting of the company in May 2026, the State will, as per proposal by the board of directors, vote for the cancellation of shares purchased in the market pursuant to the board authorisation, and the redemption and cancellation of a proportionate number of its shares in order to maintain its ownership share in the company at 67%. The price to be paid to the State for redemption of the State’s shares shall be the volume-weighted average of the price paid by Equinor for shares purchased in the market plus an interest rate compensation, adjusted for any dividends paid. 

    In the third tranche in 2025, shares will be purchased on the Oslo Stock Exchange and possibly other trading venues within the EEA. Transactions will be conducted in accordance with applicable safe harbour conditions, and as further set out in the Norwegian Securities Trading Act of 2007, EU Commission Regulation (EC) No 2016/1052 and the Norwegian Financial Supervisory Authority’s Guidelines for buy-back programmes from March 2025. 

    The board of directors will propose to the annual general meeting to be held in May 2026, to cancel shares purchased in the market in this third tranche in 2025 and to redeem and cancel a proportionate number of the State’s shares per the agreement with the State. Any shares purchased under subsequent tranches of the share buy-back programme for 2025, including a proportionate number of the State’s shares will follow a similar process at the annual general meeting of the company in 2026. 

    This is information that Equinor is obliged to make public pursuant to the EU Market Abuse Regulation and that is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    Further information from: 

    Investor relations 
    Bård Glad Pedersen, senior vice president Investor Relations, 
    +47 918 01 791 

    Media 
    Sissel Rinde, vice president Media Relations, 
    +47 412 60 584  

    The MIL Network –

    July 23, 2025
  • Trump pulls US out of UN cultural agency UNESCO for second time

    Source: Government of India

    Source: Government of India (4)

    President Donald Trump has decided to pull the United States out of the “woke” and “divisive” U.N. culture and education agency UNESCO, the White House said on Tuesday, repeating a move he took in his first term that was reversed by Joe Biden.

    The withdrawal from the Paris-based agency, which was founded after World War Two to promote peace through international cooperation in education, science, and culture, will take effect at the end of next year.

    The move is in line with the Trump administration’s broader “America-first” foreign policy, which includes a deep skepticism of multilateral groups, including the United Nations, the World Trade Organization, and the NATO alliance.

    White House spokeswoman Anna Kelly said UNESCO “supports woke, divisive cultural and social causes that are totally out-of-step with the commonsense policies that Americans voted for.”

    The State Department accused UNESCO of supporting “a globalist, ideological agenda for international development at odds with our America First foreign policy”.

    It said its decision to admit the Palestinians as a member state was “highly problematic, contrary to U.S. policy, and contributed to the proliferation of anti-Israel rhetoric.”

    UNESCO chief Audrey Azoulay said she deeply regretted Trump’s decision, but it was “expected, and UNESCO has prepared for it.”

    Posting on X, French President Emmanuel Macron professed “unwavering support” for the “universal protector” of world heritage and said the U.S. move would not weaken France’s commitment to UNESCO.

    UNESCO officials said the U.S. withdrawal would have some limited impact on U.S.-financed programs.

    Azoulay said UNESCO had diversified funding sources, receiving only about 8% of its budget from Washington.

    UNESCO was one of several international bodies Trump withdrew from during his first term, along with the World Health Organization, the Paris Agreement climate change accord, and the U.N. Human Rights Council. During his second term, he has largely reinstated those steps.

    Trump’s pick to be his U.N. envoy, Mike Waltz, said this month the United Nations needs reform while expressing confidence that “we can make the U.N. great again.”

    ISRAEL PRAISES US ‘MORAL SUPPORT AND LEADERSHIP’

    Israel welcomed the U.S. decision with its U.N. ambassador, Danny Danon, accusing UNESCO of “consistent misguided anti-Israel bias.”

    In a post on X, Israel’s Foreign Minister Gideon Sa’ar, thanked Washington for its “moral support and leadership” and said that “Singling out Israel and politicization by member states must end, in this and all professional UN agencies.”

    U.S. Senator Jeanne Shaheen, the senior Democrat on the Republican-controlled Senate Foreign Relations Committee, called Trump’s decision “short-sighted and a win for China,” which she said became the largest financial contributor to UNESCO after Trump last withdrew from the agency.

    UNESCO officials said all relevant agency statements had been agreed with both Israel and the Palestinians over the past eight years.

    Azoulay said the U.S. had given the same reasons for its pullout as it had seven years ago “even though the situation has changed profoundly, political tensions have receded, and UNESCO today constitutes a rare forum for consensus on concrete and action-oriented multilateralism.”

    “These claims also contradict the reality of UNESCO’s efforts, particularly in the field of Holocaust education and the fight against antisemitism,” she added.

    The United Nations Educational, Scientific and Cultural Organization is best known for designating World Heritage Sites, including the U.S. Grand Canyon and Egypt’s pyramids.

    It lists 26 sites in the United States, including the Statue of Liberty, on its World Heritage List which highlights 1,248 global locations of “outstanding universal value.”

    Washington has had a troubled relationship with UNESCO over the years.

    It was a founding member in 1945 but first withdrew in 1984 to protest alleged financial mismanagement and perceived anti-U.S. bias during the Cold War.

    It returned in 2003 under President George W. Bush, who said UNESCO had undertaken needed reforms, but in 2011 the Obama administration announced it was stopping funding for the agency following its vote to grant the Palestinians full membership.

    Trump’s first administration announced in 2017 it was quitting after accusing UNESCO of anti-Israeli bias, with Washington owing $542 million in dues, before former President Biden reversed the decision in 2023.

    (Reuters)

    July 23, 2025
  • MIL-OSI Russia: Red Book orchids continue to bloom in Moscow

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Losiny Ostrov National Park is a unique natural area in Moscow where rare plant species have been preserved. Orchids are blooming there now. Among them, the green-flowered orchis attracts special attention – a species listed in the Red Book of Moscow under the first category of rarity.

    Green-flowered orchis

    The green-flowered orchis is protected not only in Moscow, but also at the global level according to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).

    The orchid is distinguished by two large basal leaves and a thin stem with delicate whitish-green flowers that have almost no scent. Every year, the plant forms a new tuber to replace the old one. The seeds of this orchid germinate only with the help of a special fungus that lives in the soil, so it can only be found in almost untouched forests with moist soil rich in mineral nutrients – most often in oak and linden groves.

    Biologists from the A.N. Severtsov Institute of Ecology and Evolution Problems of the Russian Academy of Sciences have discovered four new habitats of this species, which confirms the uniqueness of the ecosystem of the urban part of Losiny Ostrov.

    Rare Orchids of Losiny Ostrov

    Orchids are considered to be among the most vulnerable plants. Their seeds germinate only in symbiosis with fungi, and adult plants are extremely sensitive to environmental changes. However, in the national park you can find not only the green-flowered orchis, but also other rare species.

    Among them is the bifoliate orchis, which belongs to the first category of rarity. This is an orchid with white flowers and two large leaves at the base of the shoot. It can be found on the edges of forests, in light birch forests and in meadows.

    The same, first category of rarity includes the marsh helleborine. This is a perennial plant up to 70 centimeters high, which grows on the outskirts of swamps, forest glades and groundwater outlets. The marsh helleborine blooms in June-July and bears fruit in September.

    Visitors to the park may encounter the Fuchsian Dactylorhiza, which is in the second category of rarity. This orchid species has pinkish-purple flowers and variegated leaves. It prefers to grow in the rich soils of broad-leaved forests and depends on symbiotic fungi.

    Those who are lucky will be able to spot the oval cache orchid, a rather inconspicuous orchid with two oval-shaped leaves and small yellowish-green flowers, as well as the three-cut orchid, the most secretive of Moscow’s orchids. To notice the thin, delicate leafless stem of the orchid, you need to have not only knowledge, but also luck. Both of these species also belong to the second category of rarity.

    In addition, the common nesting owl (third category of rarity) grows in the capital. This species has no green leaves and receives nutrients from mycorrhizal fungi growing on tree roots. It is found in old forests, especially in linden and oak forests.

    Dactylorhiza carnata, also belonging to the third category of rarity, is quite noticeable among the herbs during flowering. It has bright pink flowers, collected in a dense inflorescence.

    The broadleaf helleborine is a rare orchid that can withstand quite active recreation and can be found even in the most disturbed areas. It belongs to the fifth category of rarity.

    The preservation of these species is an indicator of a healthy forest. Specialists from the capital Department of Nature Management and Environmental Protection urge visitors to be careful when walking around Losiny Ostrov. If visitors are lucky enough to come across one of these wonderful plants, they can admire their appearance and take a photo, but it is important to remember that they must not be picked or damaged.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 23, 2025
  • MIL-OSI USA: Gov. Pillen Praises Trump’s Progress on Trade

    Source: US State of Nebraska

    . Pillen Praises Trump’s Progress on Trade

     

    LINCOLN, NE – Governor Jim Pillen, the only farmer currently serving as a Governor in America, is praising the progress President Donald J. Trump and his Administration have made for our country through new trade deals. Today, the White House announced trade deals with Japan, Indonesia, and the Philippines.

    “I believe — wholeheartedly — the future for family farms in America gets brighter every day that Donald J. Trump is President. These trade deals and negotiations have the potential to set up American farmers and manufacturers for generations. This is a historic moment in our country, and I’m honored to work with President Trump and other great leaders like Secretary of Agriculture Rollins.”

    Last week, Governor Pillen hosted Shigeo Yamada, Japan’s Ambassador to the United States, in Lincoln. Japan is among America’s closest allies and a tremendous trading partner for Nebraska agriculture, particularly our beef and pork exports.

    Promoting Nebraska agriculture and business in Southeast Asia has been a top priority for the Pillen Administration. Last year, Lieutenant Governor Joe Kelly led a successful trade mission to Indonesia.

    MIL OSI USA News –

    July 23, 2025
  • MIL-OSI Russia: Hainan Free Trade Port to officially launch island-wide independent customs operations on December 18, 2025

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    Xinhua | 23.07.2025

    Keywords: China

    Source: Xinhua

    Hainan Free Trade Port to officially launch island-wide independent customs operations on December 18, 2025 Hainan Free Trade Port to officially launch island-wide independent customs operations on December 18, 2025

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 23, 2025
  • MIL-OSI China: China’s Hainan free trade port to allow overseas investment in financial products

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

    China’s Hainan free trade port to allow overseas investment in financial products

    Xinhua | July 23, 2025

    China’s Hainan Free Trade Port (FTP) is set to launch a pilot program on August 21 this year, enabling overseas investors to access domestic financial products offered by local financial institutions.

    Eligible products will include wealth management products, private asset management products from securities, fund, and futures operators, publicly offered securities investment funds, and insurance asset management products.

    The program aims to diversify cross-border financial product offerings and explore new channels for overseas investors to access China’s domestic market, according to an official with the Hainan branch of the People’s Bank of China, one of the co-formulators of the rules.

    It is also expected to attract both domestic and international asset management institutions to operate in Hainan, supporting the development of the Hainan FTP, according to the official.

    As part of its broader economic strategy, China is transforming Hainan into a Free Trade Port. As the Hainan FTP is set to begin independent customs operations by the end of the year, the province is poised to become not only a tourist haven but also a pivotal gateway for China’s opening-up drive. 

    MIL OSI China News –

    July 23, 2025
  • PM Modi to begin two-nation tour of UK, Maldives today

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi will embark on a two-nation visit to the United Kingdom and the Maldives beginning Wednesday, with a focus on deepening strategic partnerships and regional cooperation.

    PM Modi’s visit to the UK from July 23–24 comes at the invitation of British Prime Minister Keir Starmer, marking his fourth trip to the country. Both sides are expected to review the progress of the Comprehensive Strategic Partnership (CSP), with discussions centred around trade, innovation, defence, climate action, health, and education.

    According to the Ministry of External Affairs, the talks will also include regional and global developments of mutual concern. PM Modi is also likely to meet King Charles III during the visit. The India-UK Free Trade Agreement (FTA), under negotiation for some time, is expected to feature prominently in the discussions.

    In the second leg, the Prime Minister will travel to the Maldives from July 25–26 at the invitation of President Mohamed Muizzu. This will be the PM’s third visit to the island nation, and the first by any head of government during President Muizzu’s tenure.

    The visit coincides with the Maldives’ 60th Independence Day celebrations on July 26, where Modi will be the Guest of Honour. The two leaders are expected to review the implementation of the India-Maldives Joint Vision for a Comprehensive Economic and Maritime Security Partnership.

    The visit underscores India’s ‘Neighbourhood First’ policy and Vision MAHASAGAR, aimed at enhancing maritime cooperation. Key areas on the agenda include infrastructure development, defence collaboration, and regional economic connectivity.

    IANS

    July 23, 2025
  • MIL-OSI USA: Hagerty, Colleagues Reintroduce Legislation to Protect American Assets From Unlawful Seizure by Foreign Governments

    US Senate News:

    Source: United States Senator for Tennessee Bill Hagerty
    In violation of USMCA, Mexico’s president has repeatedly threatened to declare an American company’s property as a “Protected Natural Area” to unjustifiably seize the company’s assets
    WASHINGTON—Yesterday,United States Senator Bill Hagerty (R-TN), a member of the Senate Foreign Relations Committee, led his colleagues in reintroducing the Defending American Property Abroad Act, legislation to impose retaliatory prohibitions to deter and punish any nation in the Western Hemisphere that unlawfully seizes American assets. This legislation responds to ongoing efforts by the Mexican government to seize a deep-water port owned by U.S.-based Vulcan Materials Company in flagrant violation of the United States-Mexico-Canada Agreement (USMCA) governing trade between our two nations. The legislation is co-sponsored by Senators Tim Kaine (D-VA), Katie Britt (R-AL), Tommy Tuberville (R-AL), Roger Wicker (R-MS), Ted Budd (R-NC), Marsha Blackburn (R-TN), and Angela Alsobrooks (D-MD). Representative August Pfluger (R-TX-11) has introduced companion legislation in the U.S. House of Representatives.
    In specific, this legislation would authorize the Department of Homeland Security (DHS) to prohibit vessels from entering a U.S. port if they previously used a port, land, or infrastructure that had been illegally seized from a U.S. entity by a foreign nation in the Western Hemisphere.  It also empowers the U.S. Trade Representative to investigate and respond to foreign governments that deny U.S. companies fair and equal treatment or that have expropriated, nationalized, or seized U.S. assets.
    “I strongly condemn the Mexican government’s threats against Vulcan Materials Company and I am pleased to see this bipartisan and bicameral rebuke from the United States Senate,” said Senator Hagerty.  “Under the leadership of Mexico’s previous president, Andrés Manuel López Obrador, and now the current president, Claudia Sheinbaum, the Mexican government is committing a blatant theft against a major American company and, by extension, the United States itself. No nation should be allowed to bully an American firm without consequences. Our legislation will counter any attempt by the Mexican government to profit from illegal moves to expropriate, nationalize, or otherwise seize U.S. assets.”
    “American companies operating abroad should not have to fear arbitrary government actions that undermine their property rights,” said Representative Pfluger. “The Defending American Property Abroad Act will ensure that such actions do not go unchecked and that American businesses are protected from unjust expropriation. The protection of American property rights abroad is essential for fostering economic growth and maintaining our national security. I urge my colleagues in Congress to support this critical legislation and send a clear message that the United States will not tolerate unjust actions against American companies.”
    “The Mexican government’s unfair targeting of Vulcan Materials Company, a U.S.-based company that employs over 1,000 people in Virginia, is harmful to the relationship between our two countries and severely undermines investor confidence,” said Senator Kaine. “That’s why I’m joining my colleagues in introducing this bipartisan legislation to deter the illegal seizure of U.S. assets.”
    “The threats toward Vulcan’s lawfully permitted, U.S.-owned deep-water port from the Government of Mexico, even under a new president, have not ceased,” said Senator Britt. “Mexico continues to flagrantly violate international law with its actions, putting America’s and Alabama’s economic and national security at risk — and it won’t stand. I’m proud to fight for the rule of law and join Senator Hagerty in introducing the bipartisan Defending American Property Abroad Act of 2025. This reaffirms the U.S. will impose crushing consequences if the Government of Mexico continues to execute its illegal scheme against Vulcan’s property.”
    “For years, the Mexican Government has shown undue aggression toward American businesses, primarily Alabama’s Vulcan Materials,” said Senator Tuberville. “The continued attempts to exploit Vulcan’s operation in the Yucatan Peninsula in Mexico is a disgrace to our longstanding trade agreement with Mexico. The Trump Administration has hit the ground running to prioritize and empower American companies — I look forward to seeing this bill get across the finish line to ensure American companies are fully protected.”
    “U.S.-owned properties in the Western Hemisphere contribute much to our economy and should not be targeted by foreign nations,” said Senator Wicker. “This legislation would hold our allies accountable for their actions and increase protections on American-owned assets that have been expropriated.”
    “American-owned properties and businesses should not experience unlawful expropriation and abuse at the hands of hostile foreign governments,” said Senator Blackburn. “The Defending American Property Abroad Act would strengthen the U.S. response to the illegal seizure of American-owned properties by creating a clear set of consequences for those actions.” 
    Background:
    In May 2022, then-Mexican President Andrés Manuel López Obrador (AMLO) abruptly shut down Vulcan Materials Company’s operations with false claims that the firm was violating its contract and his government subsequently waged an unceasing pressure campaign against Vulcan, including multiple lawsuits and sending military and law enforcement to its facilities.In May 2022, Senator Hagerty urged then-President Joe Biden to take action against the Mexican government’s moves to expropriate the property of U.S. companies with investments and operations in Mexico.
    In March 2023, Senator Hagerty pressed then-Secretary of State Antony Blinken on the seizure by Mexican military troops and civilian authorities of U.S.-based Vulcan Materials Company’s assets in Mexico.
    In December 2023, Senators Hagerty and Kaine spoke on the Senate floor imploring then-President López Obrador to halt harmful actions against American companies’ lawfully owned assets in Mexico, noting that these unlawful actions violate agreements made between the two countries under the USMCA and jeopardize a key U.S. trade relationship.
    In August 2024, AMLO announced that he is pushing to designate the port and mine a “Protected Natural Area”.
    In September 2024, Senators Hagerty and Kaine introduced legislation to impose retaliatory prohibitions that deter and punish any Western Hemisphere nation that unlawfully seizes American assets, responding to ongoing efforts by the Government of Mexico to seize a deep-water port owned by U.S.-based Vulcan Materials Company, which is a flagrant violation of the United Sates-Mexico-Canada Agreement (USMCA) governing trade between our two nations.
    In December 2024, Senators Hagerty and other lawmakers condemned ongoing efforts by then-U.S. Trade Representative (USTR) Katherine Tai to weaken protections for American companies under the U.S.-Mexico-Canada Agreement (USMCA), a counterproductive move that would make American companies vulnerable to Mexico seizing their property and assets.
    In April 2025, Senators Hagerty and Kaine sent a letter to Mexican Minister of Economy Ebrard Casaubon urging him to address the country’s unfair treatment of the U.S.-based Vulcan Materials Company, which has operated in Mexico for decades and supports thousands of jobs in both countries.
    Full text of the Defending American Property Abroad Act can be found here.

    MIL OSI USA News –

    July 23, 2025
  • MIL-OSI USA: Schakowsky, Huffman, Johnson Introduce Legislation to Empower Franchise Owners

    Source: United States House of Representatives – Congresswoman Jan Schakowsky (9th District of Illinois)

    Full Text of Bill (PDF) | One-Pager of Bill (PDF)

    WASHINGTON – Today, U.S. Representatives Jan Schakowsky (IL-09), Jared Huffman (CA-02), and Hank Johnson (GA-04) introduced legislation to ensure that small business owners who enter into franchise agreements with big corporations will be afforded the opportunity to address claims against the franchisor, putting them on a level playing field. The Franchisee Freedom Act will explicitly give franchise owners private right of action on FTC Franchise Rule violations. 

    “Becoming a franchisee can be a lifeline for those looking to create their own American dream. Unfortunately, due to a weak rule and even weaker enforcement of the Federal Trade Commission’s Franchise Rule, that dream can turn into a nightmare, one in which they are under the thumb of a predatory corporation,” said Congresswoman Jan Schakowsky. “That is why it is imperative for franchisees that we pass this legislation, which provides small business owners harmed by violations of the Franchise Rule with the means to recover from the harm done.”

    “Entering franchise agreements is a great way for small business owners to gain the assurance and financial support of a larger corporation, but current law enables franchisers to unfairly take advantage of these negotiations,” said Congressman Jared Huffman. “Our bill would help prevent franchisees from falling victim to predatory practices and put them on a level playing field with their franchisers. This legislation is a necessary step toward ensuring fairness in franchising and accommodating for the current gaps in Federal Trade Commission regulations.”

    “The vast majority of franchisees are small businesses with less than 20 employees,” said Congressman Hank Johnson. “I’m proud to co-lead this bill with Congresswoman Schakowsky and Congressman Huffman to give franchisees access to the courts so that they can address claims against the franchisor, putting them on a level playing field when enforcing their rights.”

    Currently there is no private right of action allowed on FTC Franchise Rule violations. Courts have ruled, and it has been footnoted in the FTC Act, that since Congress has not given a private right of action, none can be implied. 

    The bill has been endorsed by over 45 organizations. Find a full list of endorsements here.

    “I appreciate Reps. Schakowsky, Huffman, and Johnson for reintroducing the Franchisee Freedom Act. Giving franchisees access to the courts to mitigate claims of improper disclosure seems like a fundamental right. This year she has added the franchisees’ right to association without interference or retaliation. It actually blows me away that we even have to fight for what most would consider basic American protections”, said Keith Miller, Principal, Franchisee Advocacy Consulting.

    ###

    MIL OSI USA News –

    July 23, 2025
  • MIL-OSI USA: As Chaotic Trump Tariffs Drive Price Hikes, Schakowsky, Deluzio, Warren, Baldwin Propose New Tools to Fight Price Gouging

    Source: United States House of Representatives – Congresswoman Jan Schakowsky (9th District of Illinois)

    Full Text of Bill (PDF) | Bill One-Pager (PDF)

    WASHINGTON – U.S. Representatives Jan Schakowsky (IL-09) and Chris Deluzio (PA-17), along with U.S. Senators Elizabeth Warren (D-MA) and Tammy Baldwin (D-WI) reintroduced the Price Gouging Prevention Act to fight back against the corporate greed enabled by the Trump administration’s chaotic tariff policies. The bill would give the Federal Trade Commission (FTC) and state attorneys general new tools to enforce a federal ban against grossly excessive price increases.

    The last five years have repeatedly shown us that giant corporations will take advantage of inflation and supply chain disruptions to expand their profit margins by raising prices higher than necessary to cover cost increases. President Trump’s on-again, off-again tariffs have created yet another opportunity for corporate price gouging. The tariff-driven uncertainty gives companies the opportunity to raise prices on all goods, regardless of whether they are actually subject to new tariffs, higher and for longer than what is necessary to cover any cost increases. Now, dozens of companies have reported raising the prices of goods and services unaffected by Trump’s tariffs. 

    “President Donald Trump promised to lower costs, but we have seen the exact opposite. Greedy corporations are using the economic turmoil the Trump Administration has created to gouge the American people on everything from groceries to consumer goods. While these large corporations rake in record profits, families in my community and across the country are struggling to put food on the table,” said Congresswoman Jan Schakowsky. “Our bill will finally put an end to price gouging by empowering the FTC and state attorneys general to hold bad actors accountable when they take advantage of consumers.”

    “Prices are still too high, and inflation is still pounding folks. Especially now, we need to rein in monopolists and other huge corporations with the power to price gouge the American people,” said Congressman Chris Deluzio. “By upping FTC enforcement practices and boosting transparency, this bill will take some of the squeeze off American families and small businesses suffering under the thumb of out-of-control corporate power.”

    “Donald Trump’s reckless tariff policies are giving companies cover to squeeze families and raise prices more than necessary. My bill is an opportunity for Congress to stand up for families by cracking down on price gouging and fighting back against corporate abuse,” said Senator Elizabeth Warren.

    “The biggest corporations in our country jack up the cost of everyday household items, take in record profits, and give their executives huge bonuses – all on the backs of hard-working Wisconsin families. Donald Trump claimed he would lower prices – so far, he has done just the opposite and is even opening the door to more price gouging. But, if we pass this bill, we can rein that in and give Wisconsinites some breathing room and allow them to save for the future,” said Senator Tammy Baldwin. “Our bill will finally crack down on corporate greed and help stop those big companies at the top of the food chain from sticking families with exorbitant costs.”

    The Price Gouging Prevention Act of 2025 would help the federal government and state attorneys general fight corporate price gouging. The bill would: 

    • Prohibit price gouging at the federal level—anytime and anywhere. The bill would clarify that price gouging is an unfair and deceptive practice under the FTC Act. It would allow the FTC and state attorneys general to stop sellers from charging a grossly excessive price, regardless of where the price gouging occurs in a supply chain or distribution network;
    • Help enforcers establish when price gouging is occurring during a significant shift in trade policy. The bill lists a set of exceptional market shocks—including an “abrupt or significant shift in trade policy”—and outlines a standard for a presumptive violation of the price gouging prohibition during such a shock, such as when companies brag about increasing prices;
    • Create an affirmative defense for small businesses acting in good faith. Small and local businesses sometimes must raise prices in response to crisis-driven increases in their costs because they have little negotiating power with their price-gouging suppliers. This affirmative defense protects small businesses earning less than $100 million from frivolous litigation if they show legitimate cost increases;
    • Require public companies to clearly disclose costs and pricing strategies. During periods of exceptional market shock, the bill requires public companies to transparently disclose and explain changes in their cost of goods sold, gross margins, and pricing strategies in their quarterly SEC filings; and
    • Provide $1 billion in additional funding to the FTC to carry out its work.

    Representatives Angie Craig (MN-02), Maggie Goodlander (NH-02), Henry C. “Hank” Johnson, Jr (GA-04), Ro Khanna (CA-17), Eleanor Holmes Norton (DC-AL), Jerry Nadler (NY-12), Mary Gay Scanlon (PA-05), Rashida Tlaib (MI-12), Pramila Jayapal (WA-07), Rosa DeLauro (CT-03) and Paul Tonko (NY-20) joined as co-sponsors. 

    Senators Richard Blumenthal (D-CT), John Fetterman (D-PA), Andy Kim (D-NJ), Ed Markey (D-MA), Jeff Merkley (D-OR), Bernie Sanders (I-VT), Elissa Slotkin (D-MI), and Sheldon Whitehouse (D-RI) joined as co-sponsors. 

    ###

    MIL OSI USA News –

    July 23, 2025
  • MIL-OSI USA: Schakowsky, Fletcher, Matsui, Pressley Introduce Safer Beauty Bill Package

    Source: United States House of Representatives – Congresswoman Jan Schakowsky (9th District of Illinois)

    WASHINGTON – U.S. Representative Jan Schakowsky (IL-09), Ranking Member of the Commerce, Manufacturing, and Trade Subcommittee of the House Energy and Commerce Committee, on Wednesday reintroduced the Safer Beauty Bill Package with her colleagues, Reps. Lizzie Fletcher (TX-07), Doris Matsui (CA-07), and Ayanna Pressley (MA-07). The bill package includes four separate bills that offer progressive updates to an increasingly outdated set of federal cosmetics laws. This package builds upon the Modernization of Cosmetics Regulation Act (MoCRA), which passed under President Joe Biden and expanded FDA oversight to include the regulation of the cosmetics industry, including mandatory recall authority, adverse event reporting, and requiring facility registration, and more.

    “Safe, accessible beauty cannot wait. After more than 80 years of inaction, the United States finally updated its cosmetics laws in 2022. President Biden was able to sign into law the Modernization of Cosmetics Regulation Act, which now gives authority to the Food and Drug Administration to recall beauty and personal care products that are harming human health. While this was an important first step, our work is not done,” said Congresswoman Jan Schakowsky. “I am proud to reintroduce the Safer Beauty Bill Package with my colleagues, Reps. Lizzie Fletcher, Doris Matsui, and Ayanna Pressley, which would protect consumers from toxic chemicals linked to hormone disruption, cancer and other health problems; require full ingredient transparency for consumers and manufacturers; and protect the health of women of color and salon workers, who are among the most highly exposed to toxic chemicals because of the products marketed to them or commonly found in their workplaces. We must pass the Safer Beauty Bill Package now!”

    “Many people assume that the personal care and beauty items they use are safe, but with minimal oversight, many of the care, beauty, and salon products sold across the country actually contain toxic chemicals,” said Congresswoman Lizzie Fletcher.  “I am glad to partner with Congresswoman Schakowsky to reintroduce the Toxic-Free Beauty Act to protect the health and safety of people across the country by banning chemicals known to cause significant harm in beauty products.”

    “Americans deserve the comfort of knowing the products they use every day are safe and properly labeled,” said Congresswoman Doris Matsui. “That’s why I am proud to join Congresswoman Schakowsky in announcing the Cosmetic Hazardous Ingredient Right to Know Act, which will introduce much needed transparency and accountability to the cosmetics industry. This is a commonsense step toward protecting consumers and our public health. Whether it’s a parent buying shampoo for their child or a professional exposed to dozens of products daily, every person should have clear, honest information about what they’re putting on their bodies.” 

    “For decades, the beauty products marketed to Black women and girls and found in our salons have contained toxic, unregulated chemicals – leaving us to disproportionately suffer from increased incidences of cancer, respiratory issues, and adverse reproductive outcomes,” said Congresswoman Ayanna Pressley. “This isn’t a coincidence – this is exploitation. Black women, girls, and salon workers should be able to show up everyday as our beautiful, authentic selves, without fear for our health and safety. It’s past time that we regulate these hazardous products and affirm our right to safer alternatives, and I am proud to co-lead the Cosmetic Safety Protections for Communities of Color and Salon Workers Act and partner with my colleagues and dedicated advocates on the Safer Beauty Bill Package to do exactly that.”

    The four bills cover almost every aspect of personal care product safety. They are:  

    • H.R. 4433 – The Toxic-Free Beauty Act (Reps. Schakowsky and Fletcher): Bans 18 of the most toxic chemicals and two whole classes of chemicals (phthalates and formaldehyde releasing preservatives) that have been banned by the European Union and a number of states including California, Maryland, Oregon, Washington, and Vermont.
    • H.R. 4434 – Cosmetic Supply Chain Transparency Act (Rep. Schakowsky): Requires suppliers of raw materials, ingredients, and private label products to provide full ingredient disclosure and safety data to cosmetic companies so they can make safer products.
    • H.R. 4435 – Cosmetic Hazardous Ingredient Right to Know Act (Reps. Schakowsky and Matsui): Requires product label and website disclosure of secret, unlabeled, and often toxic chemicals in our personal care products. Last Congress, this bill only required transparency for fragrance and flavor ingredients and has been expanded to cover all ingredients that can pose a health risk to consumers.
    • H.R. 4436 – Cosmetic Safety Protections for Communities of Color and Salon Workers (Reps. Schakowsky and Pressley): Funds research, resource materials, education and outreach, and the development of safer chemicals to protect the health of women of color and salon workers, two vulnerable populations who are among the most highly exposed to toxic chemicals because of the cosmetic products marketed to them or commonly found in their workplaces. This bill also requires the FDA to regulate the safety of synthetic braids, which can contain toxic chemicals.

    The average American adult uses about 12 personal care products a day, resulting in exposure to an average of 168 unique chemicals. Children are also exposed to products containing risky chemicals during critical stages of childhood development. As these products range from toothpaste to makeup, it is easy for companies to conceal harmful chemicals that risk American livelihoods. Chemicals in beauty and personal care products have been linked to cancer, infertility, poor infant and maternal health outcomes, asthma, and many other serious health concerns. Women of color are disproportionately exposed to these harmful chemicals due to workplace conditions.

    Joining Reps. Schakowsky, Fletcher, Matsui, and Pressley as original cosponsors of the Safer Beauty Bill Package are Reps. Dingell, Khanna, Norton, and Tlaib. 

    The bill has been endorsed by a coalition of over 150 organizations and safe cosmetics companies. Find a full list of endorsements here.

    “Thank you, Rep. Schakowsky, for your steadfast advocacy on behalf of cosmetic safety and for introducing the 2025 Safer Beauty Bill Package which will protect everyone regardless of where they live, shop or work” said Janet Nudelman, Director of Breast Cancer Prevention Partner’s Campaign for Safe Cosmetics. “This important suite of bills will match the new high bar for ingredient safety set by laws recently enacted in CA, MD, OR, WA, VT, and NY; create long overdue protections for women of color and professional salon workers; and set a new industry standard for ingredient and supply chain transparency.”

    For over a decade, Congresswoman Schakowsky has fought tirelessly to pass a robust regulatory framework for cosmetics and personal care products. The efforts focus on closing major loopholes in federal law that allow companies to use nearly any ingredient in these products, even chemicals that are known to harm human health and the environment like coal tar dyes, formaldehyde, lead acetate, parabens, and phthalates.

    ###

    MIL OSI USA News –

    July 23, 2025
  • MIL-OSI USA: Sánchez: Brazil trade investigation politically motivated, anti-democratic

    Source: United States House of Representatives – Congresswoman Linda Sanchez (38th District of CA)

    WASHINGTON – Ways and Means Trade Subcommittee Ranking Member Linda T. Sánchez released the following statement in response to the Trump administration announcing a Section 301 trade investigation of Brazil:

    “It is unacceptable that President Trump is weaponizing the Office of the U.S. Trade Representative and Section 301 authority to subvert democracy, prop up his friends and target his foes. 

    “This investigation is clearly being driven by the president’s own political motives. You need to look no further than his letter to Brazil, citing grievances that range from Brazil’s treatment of his far-right ally Bolsonaro to the country’s efforts to crack down on hate speech. 

    “And it’s rich to focus on Brazil’s anti-corruption efforts when President Trump’s administration is refusing to enforce the Foreign Corrupt Practices Act and is engaging in blatant self-dealing and grifting.

    “It’s completely anti-democratic and corrupt for American trade policies to benefit one individual’s personal interests. House Republicans must join Democrats in reclaiming our constitutional trade authority and stop enabling this president’s incessant abuses of power.”

    ###

    MIL OSI USA News –

    July 23, 2025
  • MIL-OSI: Mandatory notice of trade in IDEX Biometrics – 22 July 2025

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to IDEX Biometrics ASA’s disclosure on 21 July 2025 of a private placement of 9,090,909 shares at NOK 3.30 per share, split in two tranches. IDEX discloses the following information on behalf of primary insiders. 

    In tranche 1 of the private placement, total 4,731,594 shares :-

    CEO and CFO Anders Storbråten, subscribed to 443,616 shares, ISIN NO0013536078, at NOK 3.30 per share,
    Pinchcliffe AS, a company closely related to Anders Storbråten, subscribed to 295,744 shares, ISIN NO0013536078, at NOK 3.30 per share, and
    K-konsult AS, a company closely related to chair Morten Opstad, subscribed to 128,156 shares, ISIN NO0013536078, at NOK 3.30 per share.

    Contact person
    Anders Storbråten, CEO and CFO
    Tel: +47 4163 8582
    E-mail: ir@idexbiometrics.com

    About IDEX Biometrics
    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

    For more information, visit www.idexbiometrics.com

    About this notice
    This notice was issued by Erling Svela, Vice president of finance, on 23 July 2025 at 03:40 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to article 19 no. 3 of the EU Market Abuse Regulation (EU 596/2014) and published in accordance with section 5‑12 of the Norwegian Securities Trading Act.

    The MIL Network –

    July 23, 2025
  • MIL-OSI China: Trump announces trade deal after meeting Philippine president

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

    U.S. President Donald Trump (2nd L) welcomes Philippine President Ferdinand Romualdez Marcos Jr. (2nd R) at the White House in Washington, D.C., the United States, on July 22, 2025. [Photo/Xinhua]

    U.S. President Donald Trump met his Philippine counterpart, Ferdinand Marcos Jr., on Tuesday at the White House over trade and bilateral relations.

    “We concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs. The Philippines will pay a 19 percent Tariff,” said Trump in a post on Truth Social, his social media platform.

    In a recent letter to Marcos, Trump said the United States would raise tariffs on Philippine goods to 20 percent starting Aug. 1.

    The White House has not released more details about the trade deal with the Philippines.

    Marcos said their bilateral ties have “evolved into as important a relationship as is possible to have.”

    MIL OSI China News –

    July 23, 2025
  • MIL-OSI China: Innovation, solid supply chain attracting FDI

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

    This aerial photo taken on July 5, 2023 shows the Tianjin factory of Danfoss, a global refrigeration industry giant, in north China’s Tianjin. [Photo/Xinhua]

    China will remain a vital innovation hub and manufacturing base for foreign corporations despite global economic uncertainty, said government officials and business leaders.

    They noted that foreign firms are maintaining deep engagement with the Chinese market, capitalizing on their technological expertise alongside China’s well-developed industrial and supply chains — a synergy that enhances operational efficiency, fosters innovation and strengthens supply chain resilience.

    Foreign-invested companies in China saw their export and import value grow by 2.4 percent year-on-year to 6.32 trillion yuan ($881.2 billion) in the first half, marking growth for the fifth consecutive quarter, statistics from the General Administration of Customs showed.

    The number of foreign-invested businesses in the country with actual import and export activities amounted to 75,000 in the first six months, the highest level for the same period since 2021, said the administration.

    China’s evolving industrial ecosystem — combining cost, quality and speed with advanced infrastructure — is transforming into a collaborative innovation hub where multinationals co-develop and expand alongside local partners, said Mohamed Kande, global chairman of PricewaterhouseCoopers International Ltd, a London-based global accounting company.

    Reflecting on this shift, Lyu Daliang, director of the GAC’s department of statistics and analysis, said that among the major manufacturing categories involved in foreign company exports, industries such as specialized equipment, electrical machinery and electronic devices all posted robust growth between January and June.

    One such company — Global Electric Appliance (Nantong) Co Ltd, a manufacturer of household appliances in Nantong, Jiangsu province and a subsidiary of a Singapore-based industrial group — reported a 31.9 percent year-on-year increase in exports, reaching 343 million yuan in the first half, said Nanjing Customs.

    Chen Jinxin, head of the company’s foreign trade unit, said the company has shipped its products, including vacuum and steam cleaners, to over 90 overseas markets, backed by China’s innovative solutions and a highly integrated supply chain that enables rapid product development and efficient global distribution.

    Apart from investing 3 billion yuan in its Hangzhou plant in Zhejiang province over the past decade, Italian chocolate and confectionery maker Ferrero Group said that the factory now supplies 53 percent of its products to the Chinese market, with the remaining 47 percent exported to more than 20 countries and regions across the Asia-Pacific, the Middle East and North America.

    Yang Lianjun, general manager of Ferrero’s Hangzhou plant, said the Chinese market offers significant opportunities, and the company may introduce additional premium product categories in the future, such as ice cream.

    To bolster its local research and development capabilities, Ferrero established a food innovation center within its Hangzhou facility last year. The center focuses on developing chocolate, confectionery and bakery products tailored to regional preferences and shortening time-to-market cycles.

    The Ministry of Commerce said foreign direct investment in China’s manufacturing sector reached 109.06 billion yuan in the first half, while high-tech industries attracted 127.87 billion yuan. FDI inflows from Switzerland, Japan, the United Kingdom and Germany rose by 68.6 percent, 59.1 percent, 37.6 percent and 6.3 percent, respectively.

    Amid a turbulent and uncertain global trade landscape, the stability of China’s policy environment and the long-term orientation of its planning have grown increasingly valuable, said Li Xingqian, vice-chairman of the China Council for the Promotion of International Trade.

    Neutrik Technology (Ningbo) Co Ltd, a Ningbo, Zhejiang province-based manufacturer of electronic connectors and a subsidiary of the European company Neutrik AG, reported a 19 percent year-on-year rise in first-half sales to 68.45 million yuan, covering both domestic sales and exports, said Ningbo Customs.

    Dong Lanju, the company’s president, said that China’s well-integrated industrial ecosystem and pro-business environment will continue to empower foreign manufacturers to expand production, boost operational efficiency and better capture opportunities in global markets.

    MIL OSI China News –

    July 23, 2025
  • MIL-OSI China: Hainan free trade port to allow overseas investment in financial products

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

    An aerial drone photo taken on May 27, 2025 shows a view of the Yangpu Free Trade Port Zone under the Yangpu Economic Development Zone in Danzhou, south China’s Hainan Province. [Photo/Xinhua]

    China’s Hainan Free Trade Port (FTP) is set to launch a pilot program on August 21 this year, enabling overseas investors to access domestic financial products offered by local financial institutions.

    Eligible products will include wealth management products, private asset management products from securities, fund, and futures operators, publicly offered securities investment funds, and insurance asset management products.

    The program aims to diversify cross-border financial product offerings and explore new channels for overseas investors to access China’s domestic market, according to an official with the Hainan branch of the People’s Bank of China, one of the co-formulators of the rules.

    It is also expected to attract both domestic and international asset management institutions to operate in Hainan, supporting the development of the Hainan FTP, according to the official.

    As part of its broader economic strategy, China is transforming Hainan into a Free Trade Port. As the Hainan FTP is set to begin independent customs operations by the end of the year, the province is poised to become not only a tourist haven but also a pivotal gateway for China’s opening-up drive.

    MIL OSI China News –

    July 23, 2025
  • MIL-OSI China: China to evaluate WTO ruling on standard essential patent disputes with EU

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

    China’s Ministry of Commerce on Tuesday said it will carefully evaluate the World Trade Organization (WTO) ruling on China’s standard essential patent disputes with the European Union (EU), and address the issue in accordance with WTO rules.

    A spokesperson for the ministry said that the arbitration panel had upheld the expert group’s ruling, affirming that China’s actions had not affected the protection of patent rights by other WTO members and were not considered measures for the enforcement of intellectual property regulations under WTO rules. China welcomed the decision.

    However, in the absence of basis, the panel wrongly concluded that WTO members should avoid affecting the ability of patent holders to exercise their rights in other members’ territories. China has expressed dissatisfaction with this over-extension of WTO member obligations, the spokesperson said.

    China recognizes the value of the Multi-Party Interim Appeal Arbitration Arrangement (MPIA) in effectively resolving trade disputes through legal channels, and will continue to work with other MPIA participants to ensure its proper and effective implementation, jointly upholding the rule-based multilateral trading system, the spokesperson noted.

    MIL OSI China News –

    July 23, 2025
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