Category: Trade

MIL-OSI Europe: Text adopted – 2023 and 2024 reports on Moldova – P10_TA(2025)0131 – Wednesday, 18 June 2025 – Strasbourg

Source: European Parliament

The European Parliament,

– having regard to the Commission communication of 30 October 2024 entitled ‘2024 Communication on EU enlargement policy’ (COM(2024)0690), accompanied by the Commission staff working document entitled ‘Republic of Moldova 2024 Report’ (SWD(2024)0698),

– having regard to the Commission opinion of 17 June 2022 on the application by the Republic of Moldova (hereinafter ‘Moldova’) for membership of the European Union (COM(2022)0406) and the joint staff working document of 6 February 2023 entitled ‘Association Implementation Report on the Republic of Moldova’ (SWD(2023)0041),

– having regard to Regulation (EU) 2025/535 of the European Parliament and of the Council of 18 March 2025 on establishing the Reform and Growth Facility for the Republic of Moldova(1),

– having regard to its previous resolutions on Moldova,

– having regard to the Commission analytical report of 1 February 2023 on Moldova’s alignment with the EU acquis (SWD(2023)0032),

– having regard to the proposal of 9 October 2024 for a regulation of the European Parliament and of the Council on establishing the Reform and Growth Facility for the Republic of Moldova (COM/2024/0469),

– having regard to the Commission communication of 9 October 2024 on the Moldova Growth Plan (COM/2024/0470),

– having regard to the Council conclusions of 17 December 2024 on enlargement,

– having regard to the visit of the delegation of the Committee on Foreign Affairs to Moldova on 25-27 February 2025,

– having regard to Rule 55 of its Rules of Procedure,

– having regard to the report of the Committee on Foreign Affairs (A10-0096/2025),

A. whereas, following Moldova’s application for EU membership of 3 March 2022, the European Council granted it candidate status on 23 June 2022 and subsequently decided to open accession negotiations on 14 December 2023;

B. whereas in June 2024 negotiations on Moldova’s EU accession started;

C. whereas Moldova held a referendum on 20 October 2024, the outcome of which confirmed the embedding of EU accession into its Constitution, despite various forms of manipulative interference to destabilise the country, illicit financing of political actors, disinformation campaigns and cyberattacks;

D. whereas the Association Agreement(2), which includes a Deep and Comprehensive Free Trade Area (AA/DCFTA), remains the basis for political association and economic integration between the EU and Moldova, and a regular political and economic dialogue is ongoing between the two sides;

Progress with EU accession-related reforms, in particular on the rule of law and governance

1. Commends Moldova’s exemplary commitment and steady progress with EU accession-related reforms despite significant internal and external challenges – such as Russia’s full-scale war of aggression against Ukraine – which made it possible for accession negotiations to start in June 2024, half a year after the relevant decision by the European Council on 14 December 2023 and less than two years after the country’s application for EU membership on 3 March 2022;

2. Recognises that EU-Moldova relations have entered into a new phase, with intensifying cooperation, gradual alignment across all policy areas of the EU acquis and advancement on the EU integration path; welcomes the progress achieved in the bilateral screening process since it started in July 2024 and the recent closing of screening for cluster 1 (fundamentals) and cluster 2 (internal market); commends and supports the ambition of the Moldovan Government to open negotiations on cluster 1 (fundamentals), cluster 2 (internal market) and cluster 6 (external relations) in the coming months, as well as completing the screening process for all clusters by the end of 2025; calls on the Commission to enhance its support to the Moldovan Government in order to ensure the successful achievement of these key objectives; encourages the Council to take a merit-based approach in its decisions on Moldova’s negotiation process; deplores the bilateralisation and instrumentalisation of the EU accession process, such as the opposition of the Hungarian Government to opening negotiations on clusters 1, 2 and 6, which has led to a delay and serves Russia’s objective of obstructing the European integration of the region;

3. Believes that Moldova’s capacity to consolidate its current progress with EU accession-related reforms and sustain the ambitious pace towards EU membership will require the strong and genuine support of a parliamentary majority after the elections in autumn 2025;

4. Notes that the outcomes of both the constitutional referendum on EU accession, held on 20 October 2024, and the presidential election, held on 20 October 2024 and 3 November 2024, confirmed the support of a majority of the people of Moldova for the country’s goal of EU membership and the required pro-EU reforms; underlines that this referendum and election were held professionally and with an extraordinary sense of duty and dedication, despite a massive hybrid campaign by Russia and its proxies which used various tools, such as the strategic exploitation of social media, AI-generated content, ‘leaks’ of fake documents, intimidation, which entailed various forms of manipulative interference to destabilise the country, illicit financing of political actors, vote-buying, including by Russia’s instrumentalisation of parts of the clergy from the Metropolis of Chisinau and All Moldova, disinformation campaigns and cyberattacks; recalls that these attacks had four key strategies: divide society, delegitimise institutions, discredit democratic actors and promote Russian influence; welcomes the outcome of the 2024 constitutional referendum which enshrined the commitment to joining the EU in the country’s constitution; strongly condemns the increasing attempts by Russia, pro-Russian oligarchs and Russian-sponsored local proxies to destabilise Moldova, sow divisions within Moldovan society and derail the country’s pro-EU direction through hybrid attacks, the instrumentalisation of energy supplies, disinformation, manipulation and intimidation campaigns targeting civil society organisations and independent media;

5. Notes that the upcoming parliamentary elections on 28 September 2025 will be of crucial importance for the continuation of Moldova’s pro-EU trajectory; is concerned about the likely intensification of foreign, in particular Russian, malign interference and hybrid attacks ahead of the elections; calls for the EU to increase its support, including financial and technical support, for the Moldovan Government’s efforts to counter such interference in the country’s democratic process, including through additional sanctions listings, an extension and consolidation of the mandate and resources of the EU Partnership Mission (EUPM) in Moldova and the granting of additional support thereto, and the sharing of expertise in foreign information manipulation and interference (FIMI), countering hybrid threats and strengthening resilience; calls similarly for an increase in efforts by the Moldovan authorities and the EU in support of independent media and pro-democracy civil society, in order to enable journalists at national and regional level to counter FIMI and to strengthen digital literacy;

6. Stresses the importance of strategic communication, debunking and combating false, Russia-promoted narratives about the EU and its policies and of highlighting the concrete short- and long-term benefits of EU accession for the people of all of Moldova, with a special focus on regions such as Gagauzia as well as socio-economically disadvantaged communities in rural areas; calls for the EU to step up its support for Moldova in this regard;

Socio-economic reforms

7. Welcomes the Commission’s Moldova Growth Plan, which is aimed at supporting Moldova’s socio-economic and fundamental reforms and enhancing access to the EU’s single market; welcomes the Reform and Growth Facility for Moldova, which underpins the Growth Plan and is worth EUR 2,02 billion, making it the largest EU financial support package for Moldova since its independence; underlines that this facility provides Moldova with EUR 520 million in non-repayable support and a maximum amount of EUR 1,5 billion in loans, with an 18 % pre-financing rate, demonstrating the EU’s recognition of the urgency of supporting Moldova’s reforms and resilience; calls on the Commission to support the Moldovan authorities in implementing the necessary Reform Agenda for the effective absorption of funds from this facility, ensuring that the benefits of this support are promptly felt by Moldova’s citizens; looks forward to the announced impact assessment of the Reform and Growth Facility for Moldova in the form of a Commission staff working document within three months of the adoption of the corresponding regulation;

8. Calls on the Commission to include adequate dedicated pre-accession funds for Moldova in the EU’s next multiannual financial framework, and to begin preparing Moldova for the efficient use of future pre-accession funds as a newly designated EU candidate country;

9. Reiterates that the support of the people of Moldova for European integration can be strengthened with a tangible improvement in their livelihoods, by strengthening state institutions and public administration in order to use project funding effectively and to implement and enforce the EU acquis, ensuring a robust welfare system and fighting corruption and oligarchic influence and ensuring accountability; calls on the Moldovan authorities to continue to ensure the meaningful involvement of civil society organisations, diaspora, vulnerable groups and social partners, including trade unions, in order to strengthen trust in democratic institutions and processes and boost public support for EU accession-related reforms;

10. Stresses the importance of civil society organisations in monitoring governance and progress with EU-related reforms, promoting transparency, defending human rights and countering disinformation and external malign influence by anti-reform political actors and Russian proxies;

11. Calls for comprehensive social policy reforms to address poverty and persistent large-scale emigration, increase healthcare coverage, strengthen public education, improve working conditions and develop adequate social protection systems; emphasises that economic development must be inclusive and sustainable, with opportunities for small and medium-sized enterprises; stresses the need for targeted social investment in Moldova’s young people and rural areas to reduce regional disparities and safeguard social cohesion;

12. Calls for special emphasis on Moldova’s participation in EU social, educational, and cultural programmes in order to promote social convergence, innovation and technological advancement;

13. Calls on Moldova to implement the Reform Agenda, which outlines the key socio-economic and fundamental reforms to accelerate the growth and competitiveness of Moldova’s economy and its convergence with the EU on the basis of enhanced implementation of the AA/DCFTA;

14. Strongly calls for the acceleration of Moldova’s gradual integration into the EU and the single market by continuing to align its legal and regulatory framework with the EU acquis and associating the country to more EU programmes and initiatives, including through the granting of observer status to Moldovan officials and experts in relevant EU bodies, which would deliver tangible socio-economic benefits even before the country formally joins the EU; congratulates Moldova on its inclusion in the geographical scope of the Single Euro Payments Area payment schemes, facilitating transfers in euro and reducing costs for Moldova’s citizens and businesses; commends the inclusion of roaming liberalisation in the updated EU–Moldova Association Agreement; welcomes Moldova’s recent progress in the transposition of the EU’s roaming and telecommunications acquis and expresses support for a swift decision on the inclusion of Moldova into the EU ‘roam like at home’ area; calls on the service providers to cooperate in good faith with the Moldovan authorities on implementing ‘roam like at home’;

15. Welcomes the renewal of the EU’s temporary trade liberalisation measures in July 2024 in order to support Moldova’s economy, substituting the loss of trade caused by Russia’s war of aggression against Ukraine and its unfriendly policies towards Moldova; calls for the EU to take swift and significant steps towards the permanent liberalisation of its tariff-rate quotas, in order to ensure predictability and increase the country’s attractiveness to investors;

16. Notes that the recent decision of the US administration to suspend support for civil society, independent media, key reforms and infrastructure projects has created additional urgent needs in Moldova, regarding which the EU should step in; calls on the Commission, in this regard, to increase its funding for EU instruments supporting democracy, such as the European Endowment for Democracy, and for other key projects that had until recently been funded by the US Agency for International Development (USAID) and other US agencies;

Human rights

17. Notes Moldova’s progress towards achieving gender equality, including its adoption of the Programme for Promoting and Ensuring Equality between Women and Men for the 2023-2027 period, and calls for its continued efforts in this regard, particularly to reduce the gender pay gap, fight against stereotypes, discrimination and gender-based violence, and to increase the representation of women in politics and business;

18. Welcomes the efforts by the Moldovan authorities to combat violence against women and improve protection for survivors, in particular the adoption of the National Programme on Preventing and Combatting Violence against Women and Domestic Violence for the 2023-2027 period; notes that the impact of this, however, is still lacking and therefore calls for the establishment of more shelters for survivors of domestic violence, for adequate attention by the justice system to violence against women and for policy changes and increased awareness-raising among men regarding gender-based violence;

19. Calls on the Moldovan Government to strengthen its efforts, including the effective implementation of its legislative framework, to combat racial discrimination, marginalisation, racist hate speech and hate crimes targeting members of ethnic minority groups, including the Roma;

20. Commends Moldova’s efforts to improve the rights of the LGBTIQ+ community in recent years;

21. Calls on the Moldovan Government to fully align its legislation on the rights of persons with disabilities with the EU acquis and to tackle the systemic problem of children with intellectual disabilities being placed in psychiatric institutions;

Energy, environment and connectivity

22. Condemns Russia’s instrumentalisation of energy against Moldova, most recently by halting gas supplies to the Transnistrian region on 1 January 2025, in violation of contractual obligations, and thereby provoking a serious crisis in the region; applauds the Commission’s swift proposal of a Comprehensive Strategy for Energy Independence and Resilience and its support package worth EUR 250 million, which will reduce the energy bills of Moldovan consumers, including in the Transnistrian region, support Moldova’s decoupling from Russia’s energy supplies and integrate Moldova into the EU energy market; emphasises the need for the EU and the Moldovan authorities to effectively communicate about the substantial EU support package aimed at addressing Moldova’s energy crisis;

23. Commends the alignment of the Moldovan energy sector with the EU acquis; calls on the Moldovan Government to continue its efforts, with EU support that includes the tools available from the Reform and Growth Facility for Moldova, to diversify gas and electricity supply routes, develop connectivity, increase energy efficiency and its internal production and storage capacity, as well as advance its full integration into the EU energy market in order to ensure Moldova’s energy security and resilience; stresses the importance of the completion of the Vulcanesti-Chisinau 400 kV overhead power line by the end of 2025 in order to reduce Moldova’s reliance on energy infrastructure in the Transnistrian region; calls on the EU to mobilise the necessary resources to help compensate for the withdrawal of USAID support for Moldova’s energy sector;

24. Commends the Moldovan Government for its progress on decarbonisation, energy efficiency and transitioning to a green economy, including doubling the share of renewable energy to 30 % by 2030; encourages the EU and its Member States to continue to provide financial support and expertise to Moldovan counterparts in this area; welcomes the adoption in 2023 of Moldova’s National Climate Change Adaptation Programme until 2030 and its Action Plan for this purpose; calls on the Moldovan Government to adopt and begin implementing its National Energy and Climate Plan for the 2025-2030 period; notes the importance of implementing the commitments of the Energy Community’s Decarbonisation Roadmap, and implementing the Monitoring, Reporting, Verification and Accreditation package with a view to introducing carbon pricing and aligning with the EU emissions trading system;

25. Believes that an extension of the Trans-European Transport Network (TEN-T) corridor Baltic Sea-Black Sea-Aegean Sea (Corridor IX) to include the route of Chisinau-Constanta-Varna-Bourgas would be a strategic investment in the region’s transport infrastructure, enhancing connectivity and promoting economic growth, in view of the enlargement of the EU to the east and the potential positive impact of this extension on the region’s security and stability, serving as a key logistics route for NATO and enhancing the EU’s geostrategic autonomy;

Rule of law and good governance

26. Underlines that comprehensive justice reform remains key for the success of Moldova’s democratic and EU accession-related reforms; recognises Moldova’s sustained efforts to build an independent, impartial, accountable and professional judicial system and conclude the vetting process by the end of 2026; calls, therefore, for the EU to continue actively supporting the justice reform and the process of vetting both judges and prosecutors, including the attraction, training and recruitment of qualified judicial personnel and increase in judicial capacity;

27. Notes that Moldova has achieved progress in the fight against and prevention of corruption, but stresses the need to continue the fight against money laundering; welcomes the entry into force in February 2024 of Moldova’s National Integrity and Anti-Corruption Programme for 2024-2028; highlights the need to ensure enhanced coordination among all key anti-corruption and justice institutions in order to implement comprehensive reforms and to ensure that they have adequate resources and capacities; stresses that results in terms of prosecution and conviction in corruption cases need to be delivered in order to ensure public trust in the ongoing reforms;

28. Recalls the importance of continuing the investigation and bringing to justice those responsible for the 2014 bank fraud; welcomes the fact that, after long efforts by the Moldovan authorities, Interpol has finally added one of the alleged perpetrators, Vladimir Plahotniuc, to its list of internationally wanted persons;

29. Welcomes the adoption by Moldova in 2023 of a new national strategy for preventing and combating human trafficking, aligned with the EU acquis, and the cooperation of Moldova with Europol in combating drug trafficking;

30. Expresses its readiness to continue supporting the Parliament of Moldova through mutually agreed democracy support activities that respond to the needs of the institution, its elected members and staff; underlines the importance of the Parliament of Moldova in fostering public debate about the country’s European future and achieving a broad consensus over, and democratic legitimacy of, EU accession-related reforms across political parties and among broader society; highlights the decision of 10 March 2025 to open a European Parliament office in Chisinau to further strengthen Parliament’s engagement with the Eastern Partnership region;

Cooperation in the field of common foreign and security policy (CFSP) and progress on resolving the Transnistrian conflict

31. Welcomes Moldova’s consistent cooperation on foreign policy issues and the significantly increased rate, notably from 54 % in 2022 to 86 % in 2024, of its alignment with the EU’s CFSP positions and restrictive measures; invites it to continue to improve this alignment, including on restrictive measures against Russia, and to continue cooperation on preventing the circumvention of sanctions against Russia and Belarus related to Russia’s war of aggression against Ukraine;

32. Underlines that Moldova is a key contributor to the regional and European security, including through its unwavering support to Ukraine since the start of Russia’s war of aggression, for example by welcoming Ukrainian war refugees, and through its contributions to the EU Civil Protection Mechanism, for example by deploying firefighting teams to tackle severe wildfires in Greece;

33. Expresses its support for the EUPM in Moldova and calls on the Member States to contribute the necessary experts and financial resources, in anticipation of a potential intensification of hybrid threats; welcomes the recent extension of the EUPM’s mandate until April 2026; encourages the Moldovan authorities to make full use of the EUPM’s expertise to enhance its preparedness, particularly in view of repeated electoral interference ahead of the parliamentary elections on 28 September 2025; calls for the EU to draw from the experience gained in Moldova in protecting the electoral process and democratic institutions in the EU itself; encourages the European External Action Service and the Commission to use all available EU instruments in the area of countering hybrid threats, in order to continue to support Moldova, including by swiftly deploying a Hybrid Rapid Response Team; welcomes the establishment of Moldova’s Centre for Strategic Communications and Countering Disinformation, as a means of coordinating the fight against foreign interference among the various Moldovan institutions, and of the National Agency for Cyber Security and the National Institute for Cyber Security Innovations; notes that Moldova’s National Security Strategy, adopted in December 2023, highlights EU accession as a key objective and for the first time identifies Russia as the source of major threats to Moldova’s security; stresses the importance of improving information sharing and intelligence cooperation between Moldova and the EU and its Member States on security threats;

34. Reiterates its full commitment to Moldova’s territorial integrity and to the peaceful resolution of the conflict, based on the sovereignty and territorial integrity of Moldova in its internationally recognised borders;

35. Welcomes the Commission’s initiatives to include proactive support for the Transnistrian region in its energy emergency support packages, and exchange of information and practical cooperation between the Moldovan Government and the de facto authorities of the Transnistrian region throughout the energy crisis caused by Russia; welcomes the progress regarding the conditionalities for Tiraspol in light of the recent gas transit agreement and calls for the full implementation of these conditionalities, including the release of all political prisoners by Tiraspol and the dismantling of the remaining illegal checkpoints;

36. Welcomes Moldova’s keen interest in contributing to the EU’s common security and defence policy (CSDP) and the fact that Moldova is the first country to sign a security and defence partnership with the EU; welcomes Moldova’s continued active participation in EU missions and operations under the CSDP, namely the EU Force in Bosnia and Herzegovina (Operation Althea) and the EU Training Mission in Somalia, its interest in participation in PESCO projects and the ongoing negotiations on a framework agreement with the European Defence Agency; calls on the EU to include Moldova in the EU security and defence programmes and related budget allocations, including the European Defence Industry Programme and Readiness 2030, allowing the country to participate in joint procurement alongside the Member States;

37. Welcomes the allocation of EUR 50 million to modernise the defence capacities of the Moldovan Armed Forces in the context of the current security challenges through the European Peace Facility (EPF) for 2024; notes that Moldova is the second-largest EPF beneficiary after Ukraine, with a total of EUR 137 million allocated since 2021; welcomes the announced support of EUR 60 million to be provided to Moldova from the EPF budget in 2025; calls on the Member States to progressively increase the EPF funding for Moldova to further enhance the country’s defence capabilities;

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38. Instructs its President to forward this resolution to the Council, the Commission, the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy, and to the President, Government and Parliament of the Republic of Moldova.

(1)	OJ L, 2025/535, 21.3.2025, ELI: http://data.europa.eu/eli/reg/2025/535/oj.
(2)	Association Agreement between the European Union and the European Atomic Energy Community and their Member States, of the one part, and the Republic of Moldova, of the other part (OJ L 260, 30.8.2014, p. 4, ELI: http://data.europa.eu/eli/agree_internation/2014/492/oj).

MIL OSI Europe News –

June 21, 2025

MIL-OSI Canada: Preparing students for their future job

[. To help meet this demand and better prepare students for the future, Alberta’s government is expanding collegiate schools across the province. Budget 2025 invests $27.5 million to support this expansion, which includes $6 million for operational costs and $21.5 million for school improvements.

Collegiate schools connect classroom learning with real-world careers by offering students hands-on experience and direct pathways to post-secondary education and employment. These specialized schools equip students with practical skills, industry experience and a strong foundation for future careers, helping young Albertans succeed and thrive in a fast-paced and evolving job market.

“Collegiate schools help students connect what they learn in the classroom to real-world careers. By expanding this model, we are ensuring young Albertans can access specialized training, explore in-demand careers and graduate with a clear path to further education and meaningful employment.”

Demetrios Nicolaides, Minister of Education and Childcare

Expanding access to collegiate schools is a key part of the province’s goal to improve career pathways in schools and help students transition into post-secondary education or careers after graduation.

“Fusion turned my passion for aviation into a real path. They helped me explore my options and confidently choose a career direction. From ground school to career connections, they’ve supported me every step of the way. Thanks to this grant, more students will see the cockpit not just as a dream – but as their future. Fusion is an incredible transition from high school to what comes next.”

Brock Foster, student, Fusion Collegiate

New collegiate schools

In the 2025/26 school year, 16 new collegiate schools will offer specialized programming in science, aviation, technology, engineering, agriculture, business, information communications and the trades. These collegiate programs are designed with industry and post-secondary institutions to help students gain hands-on experience, explore career pathways and prepare for future success.

The new collegiate schools include:

Collegiate school	School authority/location
Human Services Collegiate	The Buffalo Trail School Division (Central East)
St. Eligius Catholic Collegiate	Edmonton Catholic Separate School Division (Edmonton)
GHSD Collegiate of Digital Arts & Esports	The Golden Hills School Division (Strathmore)
Heartland Collegiate	The Elk Island School Division (Fort Saskatchewan)
HPSD Pathways School	The High Prairie School Division (High Prairie)
Monsignor McCoy First Responders	The Medicine Hat Roman Catholic Separate School Division (Medicine Hat)
Northeastern Alberta Collegiate Institute (NACI)	The Northern Lights School Division (Northeast Alberta)
Northland Collegiate School	The Northland School Division (Northwest Alberta)
Prairie Land Collegiate	The Prairie Land School Division (Hanna, Cessford, Altario, Youngstown, Virtual)
Prairie Sky Collegiate	The Medicine Hat School Division
PSD Collegiate	The Parkland School Division (Stony Plain)
Skilled Trades and Technology Collegiate	The Edmonton School Division (Edmonton)
St. Albert Collegiate Pathways	The St. Albert School Division (St. Albert)
STAR Catholic Collegiate	The St. Thomas Aquinas Roman Catholic Separate School Division (Drayton Valley, Ponoka, Leduc)
Sturgeon Collegiate	The Sturgeon School Division (Sturgeon County)
The Canadian Rockies Collegiate Institute	The Canadian Rockies School Division (Banff)

“Fusion Collegiate is proud to help lead this innovative approach to collegiate high school programming. With the support of this grant, Fusion is launching a new Aviation Program in partnership with SAIT and AVmax. This investment enables hands-on, career-focused learning that meets student interest and industry demand. We thank the Ministry of Education and Childcare for its vision in supporting programs that equip students with real-world skills and clear pathways into high-opportunity careers.”

Chris Meaden, superintendent, Fusion Collegiate

Expanding collegiate schools

In addition to the 16 new collegiate schools, four existing collegiate schools will receive funding to improve and expand their facilities. Funding will support the development of specialized learning spaces, such as film and media studios, skilled trades labs and more.

The four collegiate schools receiving enhancement funding include Calgary Trades & Technologies Collegiate, Fusion Collegiate Aviation, South Alberta School of Agriculture and The Central Alberta Collegiate Institute.

“As the aviation industry continues to grow in Alberta, SAIT is ready to train the talent needed to fulfill workforce demands. Through continued support from the Government of Alberta and by expanding our relationship with collegiate partners, we’re connecting with young people as they begin to explore options for the future and open their eyes to the potential of a career in aviation.”

Lynda Holden, dean, School of Transportation and School of Manufacturing and Automation, SAIT

Quick facts

Currently, there are 12 collegiate schools in operation across Alberta:
- Five opened in the 2023/24 school year.
- Seven opened in the 2024/25 school year.
Each collegiate school is eligible for:
- up to $150,000 in base funding and $500 per student in their first year for administrative support and operational start-up costs
- up to $100,000 per lab or learning space and $2,500 per student for furniture and equipment and space modifications

Related information

Collegiate schools

Multimedia

Watch the news conference

MIL OSI Canada News –

June 21, 2025

MIL-OSI Africa: From Discovery to Delivery: Building a Legal Framework for Namibia’s Midstream Infrastructure (by Rachel Mushabati)
By Rachel Mushabati, Senior Associate Attorney & Country Head – CLG Namibia (www.CLGGlobal.com)

Namibia’s recent offshore oil discoveries mark a pivotal moment in the country’s energy sector. With major players such as Shell, TotalEnergies, QatarEnergy, and Galp uncovering significant reserves, Namibia is poised to become a key oil producer. However, while exploration and production activities have gained momentum, the midstream sector; involving transportation, storage, and refining of petroleum, remains underdeveloped.

A strong legal framework for midstream infrastructure is essential to ensure that Namibia maximizes economic benefits, attracts investment, and builds a sustainable energy industry. CLG Legal and Business Advisory, with its extensive advisory experience across Africa, is uniquely positioned to support this transition. CLG has advised on midstream regulatory frameworks, infrastructure structuring, and investment promotion strategies in various jurisdictions, and brings this expertise to the Namibian context.

Understanding Midstream Infrastructure and Its Importance

Midstream infrastructure serves as the critical link between oil extraction and the end consumer. This includes pipelines, refineries, storage facilities, and specialized port infrastructure that facilitate the transportation of crude oil and natural gas. Without adequate midstream infrastructure, Namibia risks becoming an exporter of raw crude without capturing additional value through processing and distribution. A robust midstream sector can boost job creation, industrial development, and energy security, making it a strategic national priority.

Market studies from other African producers have shown that well-developed midstream infrastructure can contribute up to 30% more in local value addition compared to direct crude exports.[1] In Ghana, for instance, domestic refining and pipeline infrastructure contributed significantly to its GDP growth in the petroleum sector between 2016–2022. Namibia has the opportunity to tap into similar economic potential.[2]

Existing Legal Framework and Gaps

Namibia’s petroleum sector is primarily governed by the Petroleum (Exploration and Production) Act 2 of 1991 and the Petroleum Products and Energy Act 13 of 1990. These laws focus largely on upstream activities and the regulation of downstream petroleum products. However, there is no dedicated midstream regulatory framework. The absence of clear midstream regulations means there is little guidance on ownership structures, investment incentives, and operational guidelines for pipelines, storage, and refining facilities.

For example, Nigeria’s midstream sector prior to the Petroleum Industry Act (2021) faced significant bottlenecks due to the absence of a clear regulatory framework, particularly regarding third-party access and tariff setting for pipeline infrastructure. These issues led to investor reluctance and underinvestment, which were only addressed after the establishment of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (Nigeria Petroleum Industry Act, 2021).

Lessons from Other Oil-Producing Countries

Namibia can draw inspiration from countries that have successfully developed midstream infrastructure through effective regulation. Norway, for example, has established a robust midstream legal framework that ensures state participation in pipelines and refineries while promoting private investment.[3] Ghana has a dedicated Petroleum Midstream Regulatory Authority that oversees infrastructure development and ensures compliance with environmental and safety standards. Similarly, Nigeria’s Petroleum Industry Act (2021) introduced the Nigerian Midstream and Downstream Petroleum Regulatory Authority, which provides clear guidelines on pipeline ownership and operations.

The Role of Key Stakeholders in Strengthening Namibia’s Legal Framework

To unlock the full potential of the midstream sector, coordinated action is required among various stakeholders:
1. Government Ministries and Regulators: Responsible for drafting legislation, setting environmental and safety standards, and issuing licenses.
2. Private Sector and Investors: Bring in capital and technical expertise, while also needing legal certainty to invest confidently.
3. State-Owned Entities: Can serve as infrastructure operators and strategic partners in public-private partnerships.
4. Civil Society and Communities: Essential for ensuring environmental accountability and social license to operate.
5. Legal Advisory Firms: Provide technical assistance in drafting laws, structuring transactions, and navigating policy reform.
Strengthening Namibia’s Midstream Legal Framework

To address the existing gaps, Namibia must develop a comprehensive legal framework that clearly defines the governance of midstream activities. A dedicated Midstream Act would be a crucial first step, providing legal certainty on pipeline infrastructure, refineries, storage, and transportation. Encouraging public-private partnerships can drive midstream development while ensuring local participation. Establishing an independent regulatory authority will help enhance transparency, streamline approvals, and enforce compliance.

Additionally, Namibia should implement policies that prioritize local employment and skills transfer, ensuring that midstream investors contribute to national workforce development. Environmental and safety standards must also be strengthened to mitigate risks associated with pipeline integrity, spill prevention, and emergency response. To further attract investors, tax breaks, duty exemptions, and streamlined licensing processes should be introduced to make Namibia a more competitive destination for midstream infrastructure development.

Conclusion

For Namibia to fully capitalize on its oil discoveries, it must establish a strong midstream legal framework that facilitates the efficient transportation, storage, and processing of petroleum resources. Without this, the country risks losing significant economic value and remaining dependent on crude exports.

By adopting best practices from other oil-producing nations and implementing strategic legal reforms, Namibia can create a thriving midstream sector that benefits both investors and citizens alike. CLG stands ready to support this transformation, leveraging its pan-African expertise in midstream regulation, infrastructure development, and legal advisory. Our team has been instrumental in shaping midstream legal regimes across West and Central Africa, and we are committed to helping Namibia build a regulatory foundation that supports sustainable growth and long-term prosperity.

[1] Ruben, R., Kuijpers, R., & Dijkxhoorn, Y. (2022). Mobilizing the Midstream for Supporting Smallholder Intensification. Land, 11(12), 2319. https://apo-opa.co/4ngI2bu

[2] Oxford Business Group. “Ghana’s energy production targets and exploration attract investment”. Retrieved from https://apo-opa.co/4kUZQHu.

[3] Norwegian Petroleum Directorate (2021). ‘Midstream Regulatory Framework and Investment Guidelines’.

Distributed by APO Group on behalf of CLG.

Contact:
Email: info@clgglobal.com
Phone: +27 11 245 5900

MIL OSI Africa –
June 21, 2025
MIL-OSI Security: U.S. Attorney’s Office Filed 116 Border-Related Cases the Week of June 13
Source: US FBI

SAN DIEGO – Federal prosecutors in the Southern District of California filed 116 border-related cases this week, including charges of bringing in aliens for financial gain, reentering the U.S. after deportation, and importation of controlled substances.

The U.S. Attorney’s Office for the Southern District of California is the fourth-busiest federal district, largely due to a high volume of border-related crimes. This district, encompassing San Diego and Imperial counties, shares a 140-mile border with Mexico. It includes the San Ysidro Port of Entry, the world’s busiest land border crossing, connecting San Diego (America’s eighth largest city) and Tijuana (Mexico’s second largest city).

In addition to reactive border-related crimes, the Southern District of California also prosecutes a significant number of proactive cases related to terrorism, organized crime, drugs, white-collar fraud, violent crime, cybercrime, human trafficking and national security. Recent developments in those and other significant areas of prosecution can be found here.

A sample of border-related arrests this week:
- On June 9, Alejandro Garcia Rivera and Angel Bel Tran Zamora, both Mexican citizens, were arrested and charged with Attempted Bringing in Aliens for Financial Gain and Aiding and Abetting after they were intercepted by the U.S. Coast guard off Point Loma as alleged captains of a smuggling boat; Gerardo Bejarano-Velazquez – who was also aboard the boat and had been previously deported to Mexico in 2018 in Nogales, Arizona – was arrested and charged with Attempted Entry After Deportation. Two other passengers were being held as material witnesses.
- On June 10, 2025, Jose Pablo Lopez Lopez, a Mexican citizen, was arrested and charged with Importation of a Controlled Substance. According to a complaint, when the defendant attempted to cross the border in his vehicle at the Tecate Port of Entry, Customs and Border Protection Officers found 113 packages containing 122 pounds of methamphetamine concealed in the door panels, spare tire, firewall and passenger seats.
- On June 10, Juan Moreno Morales, a Mexican citizen, was arrested and charged with Attempted Entry after Deportation. According to a complaint, he tried to enter the U.S. at the San Ysidro Port of Entry aboard an ambulance. The defendant eventually admitted to using a bogus medical emergency as a scheme to enter the United States illegally. Moreno Morales was previously removed from the United States in 2000 and 2023.
Also recently, a number of defendants with criminal records were convicted by a jury or sentenced for border-related crimes such as illegally re-entering the U.S. after previous deportation. Here are a few of those cases:
- On June 9, Reymond Arias Valdez, a national of the Dominican Republic, who has multiple felony convictions for narcotics distribution in Massachusetts, was sentenced in federal court to 18 months in custody for illegally entering the U.S. In addition, Arias-Valdez has a previous felony unlawful reentry of a deported alien conviction from 2020.
- On June 13, Carlos Fernando Gallegos-Camacho, a Mexican national who was previously convicted of being a deported alien found in the United States in 2022 and 2010, was sentenced in federal court to nine months in custody for again reentering the U.S. illegally.
- On June 13, 2025, Monica Valdivia Ramirez, a Mexican national, was sentenced to 56 months in prison for importation of over 86,000 fentanyl pills into the United States, with an estimated street value of more than $800,000. She was found guilty by a federal jury in February.
- On June 13, 2025, Francisco Luevano-Casillas – a Mexican national who was previously convicted of felony cocaine trafficking – was sentenced in federal court to 15 months in custody for illegally reentering the U.S. after deportation in May 2008. For the 2008 drug offense, Luevano-Casillas was sentenced to 96 months in prison.
Pursuant to the Department’s Operation Take Back America priorities, federal law enforcement has focused immigration prosecutions on undocumented aliens who are engaged in criminal activity in the U.S., including those who commit drug and firearms crimes, who have serious criminal records, or who have active warrants for their arrest. Federal authorities have also been prioritizing investigations and prosecutions against drug, firearm, and human smugglers and those who endanger and threaten the safety of our communities and the law enforcement officers who protect the community.

The immigration cases were referred or supported by federal law enforcement partners, including Homeland Security Investigations (HSI), Immigration and Customs Enforcement’s Enforcement and Removal Operations (ICE ERO), Customs and Border Protection, U.S. Border Patrol, the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), the U.S. Marshals Service (USMS), and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), with the support and assistance of state and local law enforcement partners.

Indictments and criminal complaints are merely allegations and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

MIL Security OSI –
June 21, 2025
MIL-OSI Russia: HSE at SPIEF: Investments in Electric Power, the Role of Women in the Economy, and the “Russian Engineer”

Translation. Region: Russian Federal

Source: State University Higher School of Economics – State University Higher School of Economics –

© Roman Kitashov / Roscongress Foundation

Should we increase electricity generation and what should be the role of the state here? What economic effect does involving women in the economy provide? How can we train personnel to ensure technological leadership? HSE representatives, together with other experts, sought answers to these and other questions at the St. Petersburg International Economic Forum. In addition, HSE signed a number of cooperation agreements.

Blood for the economy

Investments in the electric power industry have a significant multiplier effect on the economy, they contribute to the development of regions and related industries, believes Ilya Dolmatov, Director Institute of Economics and Regulation of Infrastructure Industries HSE. However, against the backdrop of increased availability of electricity, the volume of investment in this area has decreased, he noted, speaking at the session “Investments in the Electric Power Industry on the Horizon up to 2050.”

Meanwhile, today the economy is transforming, many industries are digitalizing and, in fact, deeper electrification is taking place. “In this sense, we can definitely say that if we do not provide investments for the growth of new capacities, we will face the fact that the economy will not grow. We already see that we have to introduce certain restrictions on electricity consumption, connecting new consumers,” says Ilya Dolmatov. At the same time, in the current macroeconomic realities, the expert believes, it is impossible to do without state support, especially in infrastructure. “The state must determine priority projects and, accordingly, measures to support them,” he believes.

“Russia is currently one of the top four countries in terms of electricity consumption,” said Deputy Minister of Energy of the Russian Federation Petr Konyushenko. The department expects electricity consumption to grow by about a third of the current level by 2050. To cover the projected growth, it is planned to increase generating capacity, and a number of large construction projects in the electric grid economy will be launched in the near future. These are global federal projects to connect the East with Siberia, to build a direct current line that will connect the Novovoronezh nuclear power plant with Moscow, and a power transmission line from Krasnoyarsk Krai to Buryatia.

The tasks of industry, in turn, are to help power engineers solve their problems, noted Deputy Minister of Industry and Trade Mikhail Ivanov. Over the course of 10 years, demand for power engineering has grown threefold, and the capabilities of our production have grown fourfold, he shared the figures. But it is still necessary to correctly “balance the capabilities of engineering with the modernization of electric power facilities.”

The head of Yakutia, Aisen Nikolaev, noted that “everyone needs energy, it is like lifeblood for the economy.” But, according to him, companies all unanimously say that without state support, it is simply impossible to implement energy investment projects as desired. “We also need support from development institutions, which are much talked about. This is preferential lending first and foremost, especially in our conditions. These are direct government investments, these are tax breaks, which have already been discussed today. Well, and balanced tariff regulation,” the speaker noted.

The session was also attended by Pavel Snikkars, CEO of PJSC T Plus, Alexandra Panina, member of the board of PJSC Inter RAO, Kirill Komarov, First Deputy CEO, Director of the Development and International Business Block of Rosatom, Alexey Molsky, member of the board, Deputy CEO for Investments and Capital Construction of PJSC Rosseti, Eldar Muslimov, First Deputy CEO of MKOOO EN HOLDING, and bank representatives.

Ilya Dolmatov signed an agreement between the HSE and Rosvodokanal at the SPIEF. The parties agreed to develop cooperation in the field of training and retraining of personnel, research and development, and technology implementation activities. On behalf of Rosvodokanal, the signature was made by the company’s CEO Sergey Krzhanovsky.

International Women’s Cooperation

Victoria Panova, Vice-Rector of the National Research University Higher School of Economics, Head of BRICS Expert Council – Russia, Russia’s Sherpa in the Women’s Twenty, took part in the session of the Eurasian Women’s Forum “International Cooperation of Women in the Interests of Economic Development” within the framework of the SPIEF.

According to Victoria Panova, scientific research has shown that more active involvement of women in employment can add about 7 trillion dollars to the global GDP in the coming decades. More active participation of women in the economy and development of female education will also contribute to the growth of labor productivity by 35%. “Women are more likely to reinvest income from entrepreneurial activity in health care, food security and education, which increases the sustainability of the country’s development and ensures stability and overall prosperity,” said Victoria Panova.

The Vice-Rector also stressed the importance of strengthening expert and scientific interaction among women researchers. She proposed creating a regularly updated depository of measures to expand the legal and economic opportunities of women in the association countries in BRICS.

Priority is technological leadership

HSE Vice-Rector Dmitry Zemtsov moderated the session “Training Personnel to Ensure Russia’s Technological Sovereignty” at the Ministry of Education and Science stand.

Deputy Minister of Science and Higher Education of the Russian Federation, graduate of the Master’s program “Management in Higher Education» Olga Petrova of the Higher School of Economics spoke about synchronizing personnel training with business demands and solving the problem of achieving technological leadership. One of the key projects was the Advanced Engineering Schools project. “The project has become a powerful tool for synchronizing efforts so that the very “Russian engineer” in the broad sense emerges from the walls of the university,” said Olga Petrova. According to her, another flagship program for personnel training, Priority 2030, of which the HSE is a participant, has been reconfigured for technological leadership.

The session featured the following speakers: Rector of Peter the Great St. Petersburg Polytechnic University Andrey Rudskoy, Rector of MEPhI Vladimir Shevchenko and other speakers.

The topic of what specialists will be in demand on the global market was also discussed at the session “Preparing Personnel for the International Market of the Future.” Its moderator was Irina Karelina, Vice President of the National Research University Higher School of Economics.

The Russian Ministry of Education and Science stand also hosted a session entitled “The Rights of Young Scientists to Their Developments: How Not to Drown in Bureaucracy?” The director of the Institute for Enterprise and Market Analysis HSE University Anton Kazun. In particular, he spoke about the experience of transforming the results of fundamental research into applied projects (using the example of the recommendation system for selecting lawyers “Zastupnik”) and the possibilities of developing a model of technology transfer centers in various universities of the Russian Federation (based on the experience of HSE University), including regular exchange of experience between universities (for example, within the framework of the “Priority-2030” program). Anton Kazun also took part in the discussion of the proposal to legislatively enshrine the exemption from VAT when implementing the rights to use all types of RIAs, exclusive rights to which are held by universities.

Dmitry Zemtsov also signed a number of agreements concluded by the HSE within the framework of the St. Petersburg International Economic Forum.

An agreement was reached with the Russian State University for the Humanities on joint scientific research related to historical and cultural identity, traditional values, preservation of cultural heritage, as well as on holding scientific events and student expeditions within the framework of the project “Rediscovering Russia”. In addition, the plans include formulating proposals for socio-economic development that will be included in youth policy programs in Russia. The documents were signed by Rector of the Russian State University for the Humanities Andrey Loginov and Dmitry Zemtsov.

Cooperation agreements were also signed between the ANO “University of Entrepreneurs” and universities participating in the program, including the National Research University Higher School of Economics. The parties agreed to create and develop entrepreneurial workshops, where more than 350 senior students will begin developing at least 50 business projects as early as 2025.

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

MIL OSI Russia News –

June 21, 2025
MIL-OSI Canada: Saskatchewan Leads Provinces in Retail Trade

Source: Government of Canada regional news

Released on June 20, 2025

Province Ranks First for Retail Trade Growth

Saskatchewan’s retail sector continues to grow, with a 2 per cent increase month-over-month in retail trade sales from March 2025 to April 2025 (seasonally adjusted). This places Saskatchewan first among the provinces.

“These retail trade results show that consumer confidence in our businesses and industries remains high,” Trade and Export Development Minister Warren Kaeding said. “Every purchase made in Saskatchewan helps drive even more opportunity supporting jobs and encouraging investment, while bolstering our strong and growing economy.”

The total value of Saskatchewan’s retail trade reached $2.3 billion in April 2025.

The Monthly Retail Trade Survey compiles data on sales, including e-commerce sales, and the amount of retail locations by province, territory and selected census metropolitan areas from a sample of retailers.

Retail sales is a measure of total receipts at stores, or establishments, that sell goods and services to final consumers.

Statistics Canada’s latest Gross Domestic Product (GDP) numbers indicate that Saskatchewan’s real GDP at basic prices reached an all-time high of $80.5 billion in 2024, increasing by $2.6 billion, or 3.4 per cent. This places Saskatchewan second in the nation for real GDP growth and above the national average of 1.6 per cent.

Private capital investment in Saskatchewan increased last year by 17.3 per cent to $14.7 billion, ranking first among provinces. Private capital investment is projected to reach $16.2 billion in 2025, an increase of 10.1 per cent over 2024. This is the second highest anticipated percentage increase among the provinces.

Last year, the Government of Saskatchewan unveiled its new Securing the Next Decade of Growth – Saskatchewan’s Investment Attraction Strategy. This strategy, combined with Saskatchewan’s trade and investment website, InvestSK.ca, contains helpful information for potential markets and solidifies the province as the best place to do business in Canada.

For more information, visit: InvestSK.ca.

-30-

For more information, contact:

MIL OSI Canada News –

June 21, 2025
Union Finance Minister releases fifth edition of National Time Release Study (NTRS) 2025

Source: Government of India

Source: Government of India (4)

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, on Friday released the fifth edition of the National Time Release Study (NTRS) during the CBIC Conclave held in the national capital. This flagship performance measurement tool, developed by the Central Board of Indirect Taxes and Customs (CBIC), offers a quantitative assessment of the time taken for cargo release, enabling evaluation of the efficiency and effectiveness of India’s clearance processes.

Since its inception in 2019, the Time Release Study has covered 15 key locations, including seaports, Air Cargo Complexes (ACCs), Inland Container Depots (ICDs), and Integrated Check Posts (ICPs). A distinguishing feature of India’s TRS is its use of high-quality data sourced directly from the Customs Automated System, managed by the Directorate General of Systems and Data Management.

Over the years, the TRS has evolved in both scope and methodology. Initially limited to assessing release times at gateway ports, it now includes transit cargo, courier shipments, and commodity-specific evaluations. The fifth edition has introduced advanced stage-wise and process-specific assessments, further enhancing the granularity and reliability of its findings. Notably, this year’s edition expanded its geographical reach with the addition of Kochi Seaport, Garhi Harsaru ICD, and Jaigaon Land Customs Station (LCS).

In terms of import performance, the study reported a decline in Average Release Time (ART) between 2023 and 2025 at several major gateways. Seaports saw a reduction of approximately six hours, ACCs by five hours, and ICPs by 18 hours. However, ICDs experienced an increase of around 12 hours. Performance against the National Trade Facilitation Action Plan (NTFAP) 3.0 targets was also evaluated. The data showed that 93.33% of import cargo at ICPs met the 48-hour release target. This was followed by air cargo complexes with 55.03% of cargo released within 24 hours, seaports at 51.76%, and ICDs at 43.70%.

The improvement in timelines is largely attributed to the “Path to Promptness” framework, which promotes advance filing, risk management system (RMS)-based facilitation, Authorised Economic Operator (AEO) accreditation, and Direct Port Delivery (DPD). However, certain bottlenecks were identified, including delays in duty payment, query resolution, Partner Government Agency (PGA) interventions, and post-clearance logistics.

The study also examined export cargo timelines from arrival to final departure. Air cargo complexes and ICPs demonstrated the fastest regulatory clearance times, under four hours and approximately six hours respectively. In contrast, seaports averaged nearly 30 hours for regulatory clearance, with post-Let Export Order (LEO) logistics stretching up to 158 hours. ICDs showed regulatory clearance times of about 30 hours and improved post-LEO logistics to around 100 hours.

Facilitation levels were high across the board, ranging from 87% to 93%. The report noted that cargo characteristics played a key role in determining release times. For example, refrigerated goods moved faster through air cargo facilities, and factory-stuffed containers were cleared more quickly than those stuffed at ICDs.

June 21, 2025
Union Finance Minister releases fifth edition of National Time Release Study (NTRS) 2025

Source: Government of India

Source: Government of India (4)

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, on Friday released the fifth edition of the National Time Release Study (NTRS) during the CBIC Conclave held in the national capital. This flagship performance measurement tool, developed by the Central Board of Indirect Taxes and Customs (CBIC), offers a quantitative assessment of the time taken for cargo release, enabling evaluation of the efficiency and effectiveness of India’s clearance processes.

Since its inception in 2019, the Time Release Study has covered 15 key locations, including seaports, Air Cargo Complexes (ACCs), Inland Container Depots (ICDs), and Integrated Check Posts (ICPs). A distinguishing feature of India’s TRS is its use of high-quality data sourced directly from the Customs Automated System, managed by the Directorate General of Systems and Data Management.

Over the years, the TRS has evolved in both scope and methodology. Initially limited to assessing release times at gateway ports, it now includes transit cargo, courier shipments, and commodity-specific evaluations. The fifth edition has introduced advanced stage-wise and process-specific assessments, further enhancing the granularity and reliability of its findings. Notably, this year’s edition expanded its geographical reach with the addition of Kochi Seaport, Garhi Harsaru ICD, and Jaigaon Land Customs Station (LCS).

In terms of import performance, the study reported a decline in Average Release Time (ART) between 2023 and 2025 at several major gateways. Seaports saw a reduction of approximately six hours, ACCs by five hours, and ICPs by 18 hours. However, ICDs experienced an increase of around 12 hours. Performance against the National Trade Facilitation Action Plan (NTFAP) 3.0 targets was also evaluated. The data showed that 93.33% of import cargo at ICPs met the 48-hour release target. This was followed by air cargo complexes with 55.03% of cargo released within 24 hours, seaports at 51.76%, and ICDs at 43.70%.

The improvement in timelines is largely attributed to the “Path to Promptness” framework, which promotes advance filing, risk management system (RMS)-based facilitation, Authorised Economic Operator (AEO) accreditation, and Direct Port Delivery (DPD). However, certain bottlenecks were identified, including delays in duty payment, query resolution, Partner Government Agency (PGA) interventions, and post-clearance logistics.

The study also examined export cargo timelines from arrival to final departure. Air cargo complexes and ICPs demonstrated the fastest regulatory clearance times, under four hours and approximately six hours respectively. In contrast, seaports averaged nearly 30 hours for regulatory clearance, with post-Let Export Order (LEO) logistics stretching up to 158 hours. ICDs showed regulatory clearance times of about 30 hours and improved post-LEO logistics to around 100 hours.

Facilitation levels were high across the board, ranging from 87% to 93%. The report noted that cargo characteristics played a key role in determining release times. For example, refrigerated goods moved faster through air cargo facilities, and factory-stuffed containers were cleared more quickly than those stuffed at ICDs.

June 21, 2025
MIL-OSI: Shaping a New Platform for Global Growth Discussed at Open Dialogue within SPIEF-2025

Source: GlobeNewswire (MIL-OSI)

MOSCOW, RUSSIA, June 20, 2025 (GLOBE NEWSWIRE) — The session “Shaping a New Platform for Global Growth”, based on the results of the Open Dialogue of the Russia National Centre, opened the St. Petersburg International Economic Forum business program on June 18.

Recognised international experts from Russia, Cameroon, Spain, Azerbaijan, and Canada, as well as authors of the best essays from the Open Dialogue, participated in the discussion.

Speakers discussed the changing world order, Africa’s potential, and trends in the future economy, including demographic changes and the implementation of breakthrough technologies.

“This year, the St. Petersburg International Economic Forum is taking place against turbulent world events. This includes the situation in the Middle East and trade wars. Much time will be devoted to this current agenda at the forum. We must not forget which long-term trends and challenges led to the current situation, which trends are basic and defining. It is important to conduct an open dialogue about how we build the world of the future and how to form a new platform for global growth. In which countries does this global growth occur, on which technologies will it be built, and on which principles and cultural code? Our task is to ensure that forward movement benefits people in all countries that, like Russia, are working on the future. It is through open dialogue that our future and its understanding are built,” emphasised Maxim Oreshkin.

A speaker from Spain, Juan Antonio de Castro de Arespacochaga, a doctor of economics and professor at Complutense University of Madrid, delivered a report on how the global majority of countries are changing reality.

“Today, most countries are not just participating in global processes – they are changing reality. We see how an increasingly flexible and multipolar world order is forming. World trade is becoming fragmented, fast, and technological, while the international system is becoming a network of preferential agreements, which distorts the principles laid down in the foundation of GATT and WTO,” noted Juan Antonio de Castro de Arespacochaga.

One of the main discussion topics was: “Africa – driver of the future economic order.” Chairman of the African Advisory Council Francois Ndengwe noted that demographic growth is transforming Africa into the future cradle of the global workforce.

“This is not just statistics – this is human capital that can become a new driver of global growth. Those who invest in education today and build universities in Africa will tomorrow shape markets and set the game’s rules together with Africa,” said Francois Ndengwe.

Sergei Ivanov, Executive Director and Member of the EFKO Group board of Directors, spoke about the business’s new responsibility in the modern world. The expert emphasised that business today is not just a profit generator but an active participant in social transformations.

“What projects and technologies should we invest in today? Investment criteria are three conditions: qualitatively improving human life, being produced in harmony with nature, and being accessible, at a minimum, having mass potential. But what’s more important is not only what you produce, but also in what culture you do it. In 2012, the president spoke words that I’ve been quoting often lately. He said that the great mission of Russians is to unite, to bind civilisation with culture, language, and universal responsiveness. And so we try to build our culture and our ethics around this very universal responsiveness. To build capitalism with a human face,” said Sergei Ivanov.

Another session’s focus, “Shaping a New Platform for Global Growth”, was on breakthrough technologies. As noted by Yuri Kozarenko, General Director of “Transport of the Future” LLC, today, automation has reached a level where robots create robots for the production of goods and services for humans.

“This year has become significant, showing a leap in the technological development of artificial intelligence. Several centres, schools, and institutes have been opened in China to train robots in various specialities. We in Russia, in turn, are opening robot training centres based in the Samara region and Moscow, including the Institute of Unmanned Systems. We teach robots to bring social benefit in an economically efficient way,” emphasised Yuri Kozarenko.

The expert added that technological innovations today directly affect social spheres, for example, helping to solve the demographic crisis.

During the session, participants also discussed the report on the results of the Open Dialogue prepared by the Centre for Cross-Industry Expertise “Third Rome.” The conclusions of the session “Shaping a New Platform for Global Growth” became the foundation for the subsequent business program of SPIEF-2025. The session “Shaping a New Platform for Global Growth” recording can be viewed on the Russia National Centre website.

Social Links

Telegram: https://t.me/gowithrussia

VK: https://vk.com/gowithrussia

OK: https://ok.ru/gowithrussia

DZen: https://dzen.ru/gowithrussia

Contact for the media

Brand: Russia National Centre

Contact: Media team

Email: Pressa@russia.ru

Website: https://russia.ru

The MIL Network –

June 21, 2025
MIL-OSI: Shaping a New Platform for Global Growth Discussed at Open Dialogue within SPIEF-2025

Source: GlobeNewswire (MIL-OSI)

MOSCOW, RUSSIA, June 20, 2025 (GLOBE NEWSWIRE) — The session “Shaping a New Platform for Global Growth”, based on the results of the Open Dialogue of the Russia National Centre, opened the St. Petersburg International Economic Forum business program on June 18.

Recognised international experts from Russia, Cameroon, Spain, Azerbaijan, and Canada, as well as authors of the best essays from the Open Dialogue, participated in the discussion.

Speakers discussed the changing world order, Africa’s potential, and trends in the future economy, including demographic changes and the implementation of breakthrough technologies.

“This year, the St. Petersburg International Economic Forum is taking place against turbulent world events. This includes the situation in the Middle East and trade wars. Much time will be devoted to this current agenda at the forum. We must not forget which long-term trends and challenges led to the current situation, which trends are basic and defining. It is important to conduct an open dialogue about how we build the world of the future and how to form a new platform for global growth. In which countries does this global growth occur, on which technologies will it be built, and on which principles and cultural code? Our task is to ensure that forward movement benefits people in all countries that, like Russia, are working on the future. It is through open dialogue that our future and its understanding are built,” emphasised Maxim Oreshkin.

A speaker from Spain, Juan Antonio de Castro de Arespacochaga, a doctor of economics and professor at Complutense University of Madrid, delivered a report on how the global majority of countries are changing reality.

“Today, most countries are not just participating in global processes – they are changing reality. We see how an increasingly flexible and multipolar world order is forming. World trade is becoming fragmented, fast, and technological, while the international system is becoming a network of preferential agreements, which distorts the principles laid down in the foundation of GATT and WTO,” noted Juan Antonio de Castro de Arespacochaga.

One of the main discussion topics was: “Africa – driver of the future economic order.” Chairman of the African Advisory Council Francois Ndengwe noted that demographic growth is transforming Africa into the future cradle of the global workforce.

“This is not just statistics – this is human capital that can become a new driver of global growth. Those who invest in education today and build universities in Africa will tomorrow shape markets and set the game’s rules together with Africa,” said Francois Ndengwe.

Sergei Ivanov, Executive Director and Member of the EFKO Group board of Directors, spoke about the business’s new responsibility in the modern world. The expert emphasised that business today is not just a profit generator but an active participant in social transformations.

“What projects and technologies should we invest in today? Investment criteria are three conditions: qualitatively improving human life, being produced in harmony with nature, and being accessible, at a minimum, having mass potential. But what’s more important is not only what you produce, but also in what culture you do it. In 2012, the president spoke words that I’ve been quoting often lately. He said that the great mission of Russians is to unite, to bind civilisation with culture, language, and universal responsiveness. And so we try to build our culture and our ethics around this very universal responsiveness. To build capitalism with a human face,” said Sergei Ivanov.

Another session’s focus, “Shaping a New Platform for Global Growth”, was on breakthrough technologies. As noted by Yuri Kozarenko, General Director of “Transport of the Future” LLC, today, automation has reached a level where robots create robots for the production of goods and services for humans.

“This year has become significant, showing a leap in the technological development of artificial intelligence. Several centres, schools, and institutes have been opened in China to train robots in various specialities. We in Russia, in turn, are opening robot training centres based in the Samara region and Moscow, including the Institute of Unmanned Systems. We teach robots to bring social benefit in an economically efficient way,” emphasised Yuri Kozarenko.

The expert added that technological innovations today directly affect social spheres, for example, helping to solve the demographic crisis.

During the session, participants also discussed the report on the results of the Open Dialogue prepared by the Centre for Cross-Industry Expertise “Third Rome.” The conclusions of the session “Shaping a New Platform for Global Growth” became the foundation for the subsequent business program of SPIEF-2025. The session “Shaping a New Platform for Global Growth” recording can be viewed on the Russia National Centre website.

Social Links

Telegram: https://t.me/gowithrussia

VK: https://vk.com/gowithrussia

OK: https://ok.ru/gowithrussia

DZen: https://dzen.ru/gowithrussia

Contact for the media

Brand: Russia National Centre

Contact: Media team

Email: Pressa@russia.ru

Website: https://russia.ru

The MIL Network –

June 21, 2025
MIL-OSI Africa: African and Caribbean leaders to headline Afreximbank’s 32nd Annual Meetings in Abuja, Nigeria

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The 32nd Annual Meetings (AAM2025) of African Export-Import Bank (Afreximbank) (www.Afreximbank.com) will bring together an influential coalition of global, African and CARICOM leaders in Abuja, Nigeria from 25–27 June 2025. This high-level forum will focus on advancing trade, investment, and innovation across the continent, with Heads of State, Prime Ministers, top business executives, academics and acclaimed academics confirmed to speak.

H.E. Bola Ahmed Tinubu, President of the Federal Republic of Nigeria; former Nigerian President H.E. Chief Olusegun Obasanjo and H.E. Ambassador Albert Muchanga, African Union Commissioner for Economic Development, Tourism, Trade, Industry & Mining, are among the confirmed dignitaries.

They will be joined by ministers, central bank governors, investors, and industry leaders from Africa, the Caribbean, and beyond.

Held under the theme “Building the Future on Decades of Resilience”, AAM2025 will focus on accelerating trade opportunities, driving investment and fostering innovation.

Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, remarked:

“AAM2025 comes at a pivotal time for Africa. As the continent confronts global uncertainties, it is doing so with renewed resolve. Following the successful 31st edition of AAM held in The Bahamas last year, we are back on the African continent for this year’s meetings which are about catalysing practical action—building stronger institutions to strengthen trade integration and unlocking the full potential of African innovation. We thank H.E Bola Ahmed Tinubu, President of the Federal Republic of Nigeria for his support.”

The speaker lineup includes renowned economists and industry leaders including Professor Jeffrey Sachs, Director, Centre for Sustainable Development, Columbia University and Dr. Kishore Mahbubani, Distinguished Fellow, Asia Research Institute, National University of Singapore.

Africa’s foremost business innovation leaders such as Mr. Aliko Dangote, President & CEO of Dangote Group and Mr. Tony Elumelu, Chairman of Heirs Holdings, will also participate. The speaker lineup further includes Professor Ghulam Mufti of King’s College London, former Prime Minister of Jamaica P.J. Patterson, and other influential figures.

Afreximbank’s 32nd Annual Meetings (AAM2025) in Abuja are expected to deliver strong economic benefits, both in the short and long term. The main anticipated impacts include the trade and investment mobilisation, policy and institutional advancement and strengthening South-South cooperation and trade flows.

AAM2025 is expected to facilitate significant trade and investment deals, including Memoranda of Understanding (MoUs) and public-private partnerships. The meetings are expected to catalyse billions of dollars in funding over the next 5–10 years for key strategic sectors.

By bringing together heads of state, ministers, leaders of trade institutions, policymakers and the private sector, the meetings will advance regional dialogue on several priorities: implementing the African Continental Free Trade Area (AfCFTA), enhancing cross-border payment systems to speed up regional transactions, strengthening Africa–Caribbean (CARICOM) economic ties through expanded trade, tourism, and joint ventures, and ensuring private sector participation in policy reforms. These discussions aim to reduce business costs, improve trade infrastructure, and deepen regional economic integration.

With world-renowned economists, scholars, and entrepreneurs participating, AAM2025 will shape thought leadership on Africa’s development path.

Platforms like this influence policy, shift narratives, and inspire reforms that foster innovation, inclusion, and competitiveness. This year’s meetings will also mark the launch of several new initiatives.

AAM2025 is expected to welcome thousands of participants and media from more than 80 countries.

A full programme of events and speakers is available on www.AAM2025.com

Distributed by APO Group on behalf of Afreximbank.

Media Contact:
Vincent Musumba
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Email: press@afreximbank.com

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About Afreximbank:
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

For more information, visit: www.Afreximbank.com

MIL OSI Africa –

June 21, 2025

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

Source: IMF – News in Russian

June 20, 2025

Washington, DC: On June 17, 2025, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Fiji, and considered and endorsed the staff appraisal without a meeting.

The economic recovery continued in 2024. Staff estimates aggregate GDP growth in 2024 to have reached 3.7 percent. While employment has recovered to pre-pandemic levels, investment has recently been held back by labor shortages and supply-chain challenges. Inflation decelerated though 2024 as the impact of the 2023 value-added tax increase faded and the nominal exchange rate appreciated. The public debt-to-GDP ratio has continued to decline from the peak reached in 2022, but remains elevated, at 80 percent. Likewise, the current account balance has improved, but the deficit in 2024 is estimated to be around 6.7 percent.

Monetary and financial conditions remain accommodative, while the fiscal stance has tightened. The Reserve Bank of Fiji (RBF) has maintained the policy rate at 0.25 percent since early 2020. The fiscal stance tightened in FY2024, with the overall deficit declining from 7.2 percent of GDP in FY2023 (August-July) to 3.5 percent of GDP in FY2024, compared to a budgeted deficit of 4.8 percent of GDP.

Executive Board Assessment

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

The economy has been recovering from the pandemic but is facing new setbacks. Growth is expected to fall in 2025, to about 2.6 percent, mostly because of slowing external demand, and to take a couple of years to recover to its medium-term potential rate. The baseline projection implies that public debt would remain elevated. In addition, FX reserve coverage would fall, implying that the external position remains moderately weak. Growth would be higher with successful structural reforms, or should the external environment be more favorable than assumed. But the balance of risks appears to be mostly to the downside, both in the near term, if trade tensions were to worsen or their effects be more severe than assumed in the baseline, or over the medium term, mostly given vulnerabilities to natural disasters.

Fiscal and monetary policies should focus on addressing macroeconomic imbalances.

Fiscal policy should focus on lowering public debt while continuing with growth-friendly fiscal consolidation, oriented toward capital spending. Significant progress has been achieved in recent years, but additional adjustment measures are needed to put public debt on a clear downward path. Targeted and temporary social protection measures should be used to protect the vulnerable. Fiscal tightening would also contribute to reducing external imbalances.
Over the medium term, given potential pressures on the exchange rate peg, monetary conditions should be gradually tightened, raising the policy rate and reducing excess liquidity.
Financial policy should be attentive to emerging credit risks and to safeguard against money laundering risks.
The authorities should avoid using exchange rate restrictions and CFMs in place of macroeconomic adjustment and focus on a gradual, sequenced capital account liberalization to support high long-run growth objectives.

Raising potential growth calls for sustained structural reforms.

Progress has been achieved in enhancing the business environment and addressing near-term constraints to growth. Immediate concerns include addressing ageing infrastructure in electricity, water, and waste utilities, and improving the transport network and digital connectivity. Ongoing concerns include training and human capital. Successful measures would also encourage more foreign investment, ease external imbalances, and reduce “brain drain.”
As for other Pacific states, Fiji faces ongoing challenges from natural disasters and climate change. Increasing resilience adds to the motivation to shift away from current toward capital spending.

Such issues require sustained political consensus and good governance. The government’s recognition of the importance of institutional reform, commitment to the rule of law, and reducing corruption and bribery is welcome. Recent legislative progress will need to be matched by proper enforcement and addressing capacity constraints in the civil service.

Fiji: Selected Economic Indicators, 2022–30
	2022	2023	2024	2025	2026	2027	2028	2029	2030
			Est.	Proj.
Output and prices (percent change)
Real GDP	19.8	7.5	3.7	2.6	2.8	3.2	3.2	3.2	3.2
GDP deflator	2.4	4.1	6.3	3.2	3.1	3.2	3.3	3.4	3.5
Consumer prices (average)	4.3	2.3	4.5	3.2	3.1	3.2	3.3	3.4	3.5
Consumer prices (end of period)	3.1	5.1	1.3	3.1	3.2	3.3	3.4	3.5	3.5

Central government budget on fiscal-year basis (percent of GDP)
Revenue and Grants	21.4	23.2	27.4	27.1	27.1	26.8	26.8	26.6	26.5
Expenditure	33.5	30.3	31.0	31.5	31.2	31.0	31.0	30.9	30.9
Overall balance	-12.1	-7.2	-3.5	-4.4	-4.2	-4.2	-4.2	-4.3	-4.4
Primary balance	-8.5	-3.3	0.5	-0.3	-0.3	-0.6	-0.6	-0.7	-0.8
Central government debt	90.4	83.3	79.5	77.7	77.7	77.6	77.3	77.0	76.8
Central government external debt	33.3	30.6	28.7	26.5	26.5	26.4	26.1	25.8	25.6

External sector (percent of GDP)
Current account balance	-17.3	-7.7	-6.7	-7.0	-7.7	-7.5	-7.2	-6.9	-6.9
Trade balance	-32.9	-32.7	-30.0	-29.1	-27.7	-27.3	-27.3	-26.9	-26.4
Services balance	11.8	20.4	20.0	19.9	18.4	17.8	17.3	17.1	16.5
Primary Income balance	-5.3	-5.7	-6.4	-6.8	-6.6	-6.4	-6.0	-5.9	-5.9
Secondary Income balance	9.2	10.3	9.6	9.0	8.2	8.5	8.8	8.9	9.0
Capital account balance	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Financial account balance (-= inflows)	-14.0	-4.9	-6.6	-4.1	-5.3	-5.7	-6.9	-6.5	-6.5
FDI	-1.8	-1.1	-1.6	-4.5	-5.4	-6.1	-7.3	-7.1	-7.2
Portfolio investment	0.5	1.0	1.7	1.7	1.7	1.7	1.7	1.7	1.7
Other investment	-12.7	-4.8	-6.7	-1.3	-1.5	-1.3	-1.3	-1.1	-1.0
Errors and omissions	5.1	4.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Change in reserve assets (-=increase)	-2.1	0.3	0.1	2.9	2.3	1.7	0.3	0.3	0.4
Gross official reserves (in months of prospective imports)	5.5	5.3	5.2	4.4	3.7	3.1	2.9	2.6	…

Money and credit (percent change)
Net domestic assets of depository corporations	4.9	12.1	8.0	6.4	6.1	…	…	…	…
Claims on private sector	6.7	7.5	11.4	10.0	8.0	…	…	…	…
Broad money (M3)	5.1	9.1	6.6	4.1	4.1	…	…	…	…
Monetary base	15.8	-4.0	7.5	3.6	1.4	…	…	…	…
Central Bank Policy rate (end of period)	0.25	0.25	0.25	…	…	…	…	…	…
Commercial banks deposits rate (end of period)	0.4	0.4	0.3	…	…	…	…	…	…
Commercial banks lending rate (end of period)	5.2	4.8	4.6	…	…	…	…	…	…

Memorandum items
Exchange rate, average (FJD/USD)	2.2	2.3	2.3	…	…	…	…	…	…
Real effective exchange rate, average	108.2	106.4	108.3	…	…	…	…	…	…
GDP at current market prices (in millions of Fiji dollars)	10,940	12,245	13,494	14,286	15,148	16,130	17,193	18,342	19,594
GDP at current market prices (in millions of U.S. dollars)	4,970	5,442	5,949	6,257	6,564	6,913	7,284	7,674	8,089
GDP per capita (in U.S. dollars)	5,450	5,933	6,447	6,740	7,030	7,359	7,707	8,072	8,508
Sources: Reserve Bank of Fiji; Ministry of Finance; and IMF Staff Estimates and Projections.

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

IMF Communications Department

MEDIA RELATIONS

PRESS OFFICER: Pemba Sherpa

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

https://www.imf.org/en/News/Articles/2025/06/20/pr-25208-fiji-imf-concludes-2025-article-iv-consultation

MIL OSI

MIL OSI Russia News –

June 21, 2025

MIL-OSI: Global Economic Shifts in Focus as Madrid Professor Addresses SPIEF 2025 Opening Session

Source: GlobeNewswire (MIL-OSI)

MOSCOW, RUSSIA, June 20, 2025 (GLOBE NEWSWIRE) — The St. Petersburg International Economic Forum (SPIEF) 2025, held in Russia from June 18 to 21, began with a high-level session titled *”Shaping a New Platform for Global Growth.”* The session marked the presentation of the final report from the International Open Dialogue of the Russia National Centre and featured expert insights into global economic and geopolitical shifts. Among the key speakers was Juan Antonio de Castro de Arespacochaga, a doctor of economics and professor at Complutense University of Madrid, who addressed the evolving role of the global majority in transforming international systems.

The session was dedicated to the current challenges of modernity: economic and political fragmentation, demographic changes, the consequences of breakthrough technology implementation, and social and technological gaps within and between countries.

A speaker from Spain, Juan Antonio de Castro de Arespacochaga, a doctor of economics and professor at Complutense University of Madrid, delivered a report on how the global majority of countries are changing reality.

“Today, most countries are not just participating in global processes—they are changing reality. We see how an increasingly flexible and multipolar world order is forming. World trade is becoming fragmented, fast, and technological, while the international system is becoming a network of preferential agreements, which distorts the principles laid down in the foundation of GATT and WTO,” noted Juan Antonio de Castro de Arespacochaga.

In his opinion, the world is becoming increasingly fragmented and unpredictable—this applies to politics and economics.

“The international trade architecture is breaking down into nodes and blocks, which requires new approaches. We must be able to respond to these challenges, understanding that the old rules no longer work in the new dynamics,” emphasised Juan Antonio de Castro de Arespacochaga.

“It is important to conduct an open dialogue about how we build the world of the future and form a new platform for global growth. In which countries will this global growth occur, on which technologies will it be built, and on which principles and cultural code? Our task is to ensure that forward movement benefits people in all countries that, like Russia, are working on the future. It is through open dialogue that our future and its understanding are built,” noted Maxim Oreshkin.

At the session organised by the National Centre, speakers discussed, among other things, the report on the results of the Open Dialogue prepared by the Centre for Cross-Industry Expertise “Third Rome.” Key issues included factors shaping the new economic wave, technologies driving economic development, and ways to achieve human well-being.

The session “Shaping a New Platform for Global Growth” results became the foundation for the subsequent business program of SPIEF-2025. The session recording can be viewed on the Russia National Centre website.

Social Links

https://t.me/gowithrussia

https://vk.com/gowithrussia

https://ok.ru/gowithrussia

https://dzen.ru/gowithrussia

Contact for the media

Brand: Russia National Centre

Contact: Media team

Email: Pressa@russia.ru

Website: https://russia.ru

The MIL Network –

June 21, 2025
MIL-OSI: Global Economic Shifts in Focus as Madrid Professor Addresses SPIEF 2025 Opening Session

Source: GlobeNewswire (MIL-OSI)

MOSCOW, RUSSIA, June 20, 2025 (GLOBE NEWSWIRE) — The St. Petersburg International Economic Forum (SPIEF) 2025, held in Russia from June 18 to 21, began with a high-level session titled *”Shaping a New Platform for Global Growth.”* The session marked the presentation of the final report from the International Open Dialogue of the Russia National Centre and featured expert insights into global economic and geopolitical shifts. Among the key speakers was Juan Antonio de Castro de Arespacochaga, a doctor of economics and professor at Complutense University of Madrid, who addressed the evolving role of the global majority in transforming international systems.

The session was dedicated to the current challenges of modernity: economic and political fragmentation, demographic changes, the consequences of breakthrough technology implementation, and social and technological gaps within and between countries.

A speaker from Spain, Juan Antonio de Castro de Arespacochaga, a doctor of economics and professor at Complutense University of Madrid, delivered a report on how the global majority of countries are changing reality.

“Today, most countries are not just participating in global processes—they are changing reality. We see how an increasingly flexible and multipolar world order is forming. World trade is becoming fragmented, fast, and technological, while the international system is becoming a network of preferential agreements, which distorts the principles laid down in the foundation of GATT and WTO,” noted Juan Antonio de Castro de Arespacochaga.

In his opinion, the world is becoming increasingly fragmented and unpredictable—this applies to politics and economics.

“The international trade architecture is breaking down into nodes and blocks, which requires new approaches. We must be able to respond to these challenges, understanding that the old rules no longer work in the new dynamics,” emphasised Juan Antonio de Castro de Arespacochaga.

“It is important to conduct an open dialogue about how we build the world of the future and form a new platform for global growth. In which countries will this global growth occur, on which technologies will it be built, and on which principles and cultural code? Our task is to ensure that forward movement benefits people in all countries that, like Russia, are working on the future. It is through open dialogue that our future and its understanding are built,” noted Maxim Oreshkin.

At the session organised by the National Centre, speakers discussed, among other things, the report on the results of the Open Dialogue prepared by the Centre for Cross-Industry Expertise “Third Rome.” Key issues included factors shaping the new economic wave, technologies driving economic development, and ways to achieve human well-being.

The session “Shaping a New Platform for Global Growth” results became the foundation for the subsequent business program of SPIEF-2025. The session recording can be viewed on the Russia National Centre website.

Social Links

https://t.me/gowithrussia

https://vk.com/gowithrussia

https://ok.ru/gowithrussia

https://dzen.ru/gowithrussia

Contact for the media

Brand: Russia National Centre

Contact: Media team

Email: Pressa@russia.ru

Website: https://russia.ru

The MIL Network –

June 21, 2025
MIL-OSI Canada: Minister Sidhu meets with Thani bin Ahmed Al Zeyoudi, United Arab Emirates Minister of State for Foreign Trade

Source: Government of Canada News

June 20, 2025 – Ottawa, Ontario – Global Affairs Canada

Yesterday, the Honourable Maninder Sidhu, Minister of International Trade, met in Ottawa with Thani bin Ahmed Al Zeyoudi, United Arab Emirates (U.A.E.) Minister of State for Foreign Trade. This was their first bilateral meeting.

Minister Sidhu and Minister Al Zeyoudi discussed the importance of strengthening the trade and investment relationship between Canada and the U.A.E. To that effect, the ministers agreed on the need to conclude the negotiations for the Foreign Investment Promotion and Protection Agreement soon.

Minister Sidhu also highlighted many areas of natural partnership as the two countries pursue ambitious growth agendas, such as AI, clean tech, energy, agri-food, and infrastructure.

The ministers will continue to work together to open doors for Canadian and Emirati businesses to succeed, including by supporting initiatives such as the Canada-U.A.E. Business Council mission to Toronto, Ontario, and Calgary, Alberta, in early July this year.

Associated links

MIL OSI Canada News –

June 21, 2025
MIL-OSI USA: NIST Names Shyam Sunder Associate Director for Laboratory Programs

Source: US Government research organizations

Dr. Shyam Sunder

GAITHERSBURG, Md. — The National Institute of Standards and Technology (NIST) announced that S. Shyam Sunder has been selected as its new Associate Director for Laboratory Programs (ADLP), effective June 1, 2025.

In this role, Sunder will provide leadership and oversight to NIST’s laboratories, which provide vital measurement and research services that underpin technology innovation in the United States. NIST’s non-regulatory science mission is executed in close partnership with industry through its laboratory programs by supporting new technologies, services and markets, and industry-led, consensus-based standards that help American companies compete around the world.

“Shyam’s expertise and practical background, as well as his more than 30 years in leadership roles at NIST, make him an invaluable asset as we continue to push boundaries in critical and emerging technologies,” said Deputy Under Secretary of Commerce for Standards and Technology and Acting NIST Director Craig Burkhardt. “Shyam will play a crucial role in helping NIST accelerate advances at the forefront of measurement science, which is the foundation for unleashing technological innovation and U.S. economic competitiveness.”

Sunder previously served as director of NIST’s Special Programs Office and Acting Director of the Standards Coordination Office. In these roles, he established and managed the NIST Safety Commission, which issued a comprehensive set of findings and recommendations to improve NIST’s safety culture and the effectiveness of its safety protocols. In response to the CHIPS for America Act, he led NIST’s cross-laboratory team, engaging more than 800 stakeholders to assess and publish seven “grand challenges” to advance the U.S. semiconductor industry. He further led NIST’s efforts to establish a competitively selected Standardization Center of Excellence to accelerate U.S. engagement in international standardization for critical and emerging technologies through a cooperative agreement with the private sector-led U.S. standards system.

Sunder’s prior positions include founding director of NIST’s Engineering Laboratory, director of its Building and Fire Research Laboratory (BFRL), and chief of BFRL’s Structures and Materials Division. He co-chaired White House National Science and Technology Council (NSTC) panels that set the federal R&D agenda for Net-Zero Energy High-Performance Buildings and Cyber-Physical Systems.

Before joining NIST in 1994, he served on the Massachusetts Institute of Technology faculty. He received master and doctor of science degrees from MIT, and a bachelor of technology with distinction from the Indian Institute of Technology Delhi.

Sunder is a recipient of the Presidential Rank Award of Distinguished Executive, and the U.S. Department of Commerce Gold Medal Award, its highest honor, for distinguished leadership of the federal building and fire safety investigation of the World Trade Center disaster after the terrorist attacks of Sept. 11, 2001. He was elected to the National Academy of Construction in 2012.

MIL OSI USA News –

June 21, 2025
MIL-OSI: Sprott Physical Uranium Trust Closes Upsized US$200 Million Bought Deal Financing

Source: GlobeNewswire (MIL-OSI)

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

This press release constitutes a “designated news release” for the purposes of the Trust’s amended and restated prospectus supplement dated December 6, 2024 to its base shelf prospectus dated January 3, 2024.

TORONTO, June 20, 2025 (GLOBE NEWSWIRE) — Sprott Inc. (NYSE/TSX: SII) (“Sprott”) on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (“SPUT” or the “Trust”), is pleased to announce the closing of its previously announced upsized bought deal public offering (the “Offering”), pursuant to which 11,600,000 units of the Trust (the “Units”) were issued at a price of US$17.25 per Unit for total gross proceeds of approximately US$200 million. Canaccord Genuity Corp. (the “Underwriter”) acted as sole underwriter for the Offering.

The net proceeds of the Offering will be used by the Trust to acquire physical uranium in the form of uranium oxide in concentrates and related fees and expenses in accordance with the Trust’s objective and subject to the Trust’s investment and operating restrictions. The net proceeds per Unit received by the Trust were not less than 100% of the most recently calculated net asset value of the Trust per Unit prior to the determination of the pricing of the Offering.

“We are very pleased to have completed this Offering with the strong support from both current and new SPUT unitholders,” said John Ciampaglia, CEO of Sprott Asset Management. “This transaction, the non-brokered private placement completed in May and the Trust’s at-the-market equity program demonstrate the Trust’s ability to continue to raise capital through a variety of methods.”

“The long-term investment thesis for uranium continues to improve as a nuclear renaissance unfolds globally with announcements around plant life extensions and new builds accelerating, supported by new government policies,” continued Mr. Ciampaglia. “We are pleased to provide investors the opportunity to participate in this long-term secular trend through access to the world’s largest physical uranium fund¹.”

The Trust suspended its at-the-market equity program to facilitate the Offering and agreed with the Underwriter not to issue any Units, including under the at-the-market equity program, for a period of 30 days from the closing of the Offering without the prior written consent of the Underwriter, such consent not to be unreasonably withheld, conditioned or delayed.

No securities regulatory authority has either approved or disapproved the contents of this press release. This press release is not an offer or a solicitation of an offer of securities for sale in the United States. The Units have not been and will not be registered under the U.S. Securities Act, or the securities laws of any state of the United States, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

_______________________________________
¹ Based on Morningstar’s universe of listed commodity funds. Data as of December 31, 2024.

About Sprott

Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol “SII”. For more information, please visit www.sprott.com.

About the Trust

Important information about the Trust, including its investment objectives and strategies, applicable management fees, and expenses, can be found on its website at www.sprott.com. Commissions, management fees, or other charges and expenses may be associated with investing in the Trust. The performance of the Trust is not guaranteed, its value changes frequently and past performance is not an indication of future results.

Caution Regarding Forward-Looking Information

This press release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian and United States securities laws (collectively. “forward-looking statements”). Forward-looking statements in this press release include, without limitation, statements regarding the Offering, including the intended use of proceeds from the sale of Units under the Offering, the Trust’s ability to raise capital, including through numerous methods, and the investment thesis and trends related to uranium. With respect to the forward-looking statements contained in this press release, the Trust has made numerous assumptions regarding, among other things, investor demand the uranium market. While the Trust considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors that could cause the Trust’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this press release. A discussion of risks and uncertainties facing the Trust appears in the Offering Documents, each as updated by the Trust’s continuous disclosure filings, which are available at www.sedarplus.ca. All forward-looking statements herein are qualified in their entirety by this cautionary statement, and the Trust disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.

Contact

Glen Williams
Senior Managing Partner, Investor and Institutional Client Relations
Sprott Inc.
Telephone: 416.943.4394
Email: gwilliams@sprott.com

The MIL Network –

June 21, 2025
MIL-OSI: Sprott Physical Uranium Trust Closes Upsized US$200 Million Bought Deal Financing

Source: GlobeNewswire (MIL-OSI)

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

This press release constitutes a “designated news release” for the purposes of the Trust’s amended and restated prospectus supplement dated December 6, 2024 to its base shelf prospectus dated January 3, 2024.

TORONTO, June 20, 2025 (GLOBE NEWSWIRE) — Sprott Inc. (NYSE/TSX: SII) (“Sprott”) on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (“SPUT” or the “Trust”), is pleased to announce the closing of its previously announced upsized bought deal public offering (the “Offering”), pursuant to which 11,600,000 units of the Trust (the “Units”) were issued at a price of US$17.25 per Unit for total gross proceeds of approximately US$200 million. Canaccord Genuity Corp. (the “Underwriter”) acted as sole underwriter for the Offering.

The net proceeds of the Offering will be used by the Trust to acquire physical uranium in the form of uranium oxide in concentrates and related fees and expenses in accordance with the Trust’s objective and subject to the Trust’s investment and operating restrictions. The net proceeds per Unit received by the Trust were not less than 100% of the most recently calculated net asset value of the Trust per Unit prior to the determination of the pricing of the Offering.

“We are very pleased to have completed this Offering with the strong support from both current and new SPUT unitholders,” said John Ciampaglia, CEO of Sprott Asset Management. “This transaction, the non-brokered private placement completed in May and the Trust’s at-the-market equity program demonstrate the Trust’s ability to continue to raise capital through a variety of methods.”

“The long-term investment thesis for uranium continues to improve as a nuclear renaissance unfolds globally with announcements around plant life extensions and new builds accelerating, supported by new government policies,” continued Mr. Ciampaglia. “We are pleased to provide investors the opportunity to participate in this long-term secular trend through access to the world’s largest physical uranium fund¹.”

The Trust suspended its at-the-market equity program to facilitate the Offering and agreed with the Underwriter not to issue any Units, including under the at-the-market equity program, for a period of 30 days from the closing of the Offering without the prior written consent of the Underwriter, such consent not to be unreasonably withheld, conditioned or delayed.

No securities regulatory authority has either approved or disapproved the contents of this press release. This press release is not an offer or a solicitation of an offer of securities for sale in the United States. The Units have not been and will not be registered under the U.S. Securities Act, or the securities laws of any state of the United States, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

_______________________________________
¹ Based on Morningstar’s universe of listed commodity funds. Data as of December 31, 2024.

About Sprott

Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol “SII”. For more information, please visit www.sprott.com.

About the Trust

Important information about the Trust, including its investment objectives and strategies, applicable management fees, and expenses, can be found on its website at www.sprott.com. Commissions, management fees, or other charges and expenses may be associated with investing in the Trust. The performance of the Trust is not guaranteed, its value changes frequently and past performance is not an indication of future results.

Caution Regarding Forward-Looking Information

This press release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian and United States securities laws (collectively. “forward-looking statements”). Forward-looking statements in this press release include, without limitation, statements regarding the Offering, including the intended use of proceeds from the sale of Units under the Offering, the Trust’s ability to raise capital, including through numerous methods, and the investment thesis and trends related to uranium. With respect to the forward-looking statements contained in this press release, the Trust has made numerous assumptions regarding, among other things, investor demand the uranium market. While the Trust considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors that could cause the Trust’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this press release. A discussion of risks and uncertainties facing the Trust appears in the Offering Documents, each as updated by the Trust’s continuous disclosure filings, which are available at www.sedarplus.ca. All forward-looking statements herein are qualified in their entirety by this cautionary statement, and the Trust disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.

Contact

Glen Williams
Senior Managing Partner, Investor and Institutional Client Relations
Sprott Inc.
Telephone: 416.943.4394
Email: gwilliams@sprott.com

The MIL Network –

June 21, 2025
MIL-OSI: Maximize Your Crypto Gains: 100x Leverage, $50 Bonus, Double Deposit Bonus & No KYC – Only on BexBack
Source: GlobeNewswire (MIL-OSI)

SINGAPORE, June 20, 2025 (GLOBE NEWSWIRE) — Bitcoin has firmly maintained a price above $100,000, signaling that the crypto bull market is still going strong. As market volatility continues, savvy investors are eager to capitalize on the ongoing bullish trend. To help traders make the most of this opportunity, BexBack is launching an exciting promotion that includes a 100% deposit bonus, 100x leverage, and no KYC requirements for crypto futures trading.

What Is the 100% Deposit Bonus and How Does It Work?

The 100% deposit bonus is an exclusive offer that doubles your trading capital. For example, if you deposit 1 BTC, you’ll receive an additional 1 BTC, giving you a total of 2 BTC to trade. While the bonus itself is non-withdrawable, it can be used as margin for trading. This allows you to open larger positions and maximize potential profits without risking more of your initial investment. Moreover, any profits made from trading with the bonus are fully withdrawable.

Why Use 100x Leverage for Crypto Futures Trading?

100x leverage offers traders the ability to control larger positions with a smaller amount of capital. For example, if Bitcoin is priced at $100,000, with 100x leverage, a $1,000 investment would allow you to control a $100,000 position. This amplifies both profits and risks. However, when managed properly, 100x leverage can significantly increase profit potential, especially during volatile market conditions. It’s a powerful tool for experienced traders looking to capitalize on both rising and falling markets.

Why Choose BexBack for Crypto Futures Trading?

BexBack stands out for its user-centric approach to crypto trading, offering no KYC requirements, so users can start trading instantly without lengthy identity verification processes. With up to 100x leverage on over 50 major cryptocurrencies, including Bitcoin, Ethereum, Solana, Cardano, and XRP, BexBack provides traders with exceptional opportunities to maximize their capital and take advantage of the crypto bull run.

Additional BexBack Benefits:
- 24/7 Customer Support: BexBack provides round-the-clock support to assist users with their trading needs.
- No Deposit Fees: Make deposits without incurring any fees, making your trading experience seamless and cost-effective.
- Multiple Trading Pairs: Access a wide range of trading pairs to diversify your portfolio and find the best opportunities.
About BexBack

BexBack is a leading cryptocurrency derivatives platform offering advanced features for both novice and experienced traders. With its user-friendly interface, 100x leverage, and no KYC policy, BexBack is designed to meet the needs of today’s crypto traders. Headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina, BexBack is trusted by over 500,000 traders worldwide. The platform also holds a US MSB (Money Services Business) license, ensuring regulatory compliance and security for its users.

How to Start Trading on BexBack?

Getting started with BexBack is quick and easy. Simply:
1. Register in 30 seconds: Sign up using your email address.
2. Make a deposit: Deposit BTC, USDT, or other cryptocurrencies into your account.
3. Enjoy your bonuses: Instantly qualify for the 100% deposit bonus and enjoy the benefits of 100x leverage on crypto futures trading, all without needing to complete KYC.
With BexBack’s double deposit bonus, no KYC, and 100x leverage, you can start trading crypto futures and make the most of the ongoing bull market with minimal hassle and maximum potential.

Take Action Now

If you missed the previous crypto bull run, this is your chance to seize the opportunity. Sign up on BexBack today, claim your exclusive bonus, and start trading with 100x leverage to accumulate more BTC and other cryptocurrencies.

Website: www.bexback.com

Contact: business@bexback.com

Contact:
Amanda
business@bexback.com

Disclaimer: This content is provided by BexBack The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/61a73b2d-37e1-4557-85c0-c16e3cae9059

https://www.globenewswire.com/NewsRoom/AttachmentNg/f081e458-3767-42e1-97a4-c7db8bea6020

https://www.globenewswire.com/NewsRoom/AttachmentNg/3dfa57ba-3df2-4244-9649-281c7fa83273

https://www.globenewswire.com/NewsRoom/AttachmentNg/51b5f115-6d5e-43c5-88da-0333b6867b35

The MIL Network –
June 21, 2025
MIL-OSI: Maximize Your Crypto Gains: 100x Leverage, $50 Bonus, Double Deposit Bonus & No KYC – Only on BexBack
Source: GlobeNewswire (MIL-OSI)

SINGAPORE, June 20, 2025 (GLOBE NEWSWIRE) — Bitcoin has firmly maintained a price above $100,000, signaling that the crypto bull market is still going strong. As market volatility continues, savvy investors are eager to capitalize on the ongoing bullish trend. To help traders make the most of this opportunity, BexBack is launching an exciting promotion that includes a 100% deposit bonus, 100x leverage, and no KYC requirements for crypto futures trading.

What Is the 100% Deposit Bonus and How Does It Work?

The 100% deposit bonus is an exclusive offer that doubles your trading capital. For example, if you deposit 1 BTC, you’ll receive an additional 1 BTC, giving you a total of 2 BTC to trade. While the bonus itself is non-withdrawable, it can be used as margin for trading. This allows you to open larger positions and maximize potential profits without risking more of your initial investment. Moreover, any profits made from trading with the bonus are fully withdrawable.

Why Use 100x Leverage for Crypto Futures Trading?

100x leverage offers traders the ability to control larger positions with a smaller amount of capital. For example, if Bitcoin is priced at $100,000, with 100x leverage, a $1,000 investment would allow you to control a $100,000 position. This amplifies both profits and risks. However, when managed properly, 100x leverage can significantly increase profit potential, especially during volatile market conditions. It’s a powerful tool for experienced traders looking to capitalize on both rising and falling markets.

Why Choose BexBack for Crypto Futures Trading?

BexBack stands out for its user-centric approach to crypto trading, offering no KYC requirements, so users can start trading instantly without lengthy identity verification processes. With up to 100x leverage on over 50 major cryptocurrencies, including Bitcoin, Ethereum, Solana, Cardano, and XRP, BexBack provides traders with exceptional opportunities to maximize their capital and take advantage of the crypto bull run.

Additional BexBack Benefits:
- 24/7 Customer Support: BexBack provides round-the-clock support to assist users with their trading needs.
- No Deposit Fees: Make deposits without incurring any fees, making your trading experience seamless and cost-effective.
- Multiple Trading Pairs: Access a wide range of trading pairs to diversify your portfolio and find the best opportunities.
About BexBack

BexBack is a leading cryptocurrency derivatives platform offering advanced features for both novice and experienced traders. With its user-friendly interface, 100x leverage, and no KYC policy, BexBack is designed to meet the needs of today’s crypto traders. Headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina, BexBack is trusted by over 500,000 traders worldwide. The platform also holds a US MSB (Money Services Business) license, ensuring regulatory compliance and security for its users.

How to Start Trading on BexBack?

Getting started with BexBack is quick and easy. Simply:
1. Register in 30 seconds: Sign up using your email address.
2. Make a deposit: Deposit BTC, USDT, or other cryptocurrencies into your account.
3. Enjoy your bonuses: Instantly qualify for the 100% deposit bonus and enjoy the benefits of 100x leverage on crypto futures trading, all without needing to complete KYC.
With BexBack’s double deposit bonus, no KYC, and 100x leverage, you can start trading crypto futures and make the most of the ongoing bull market with minimal hassle and maximum potential.

Take Action Now

If you missed the previous crypto bull run, this is your chance to seize the opportunity. Sign up on BexBack today, claim your exclusive bonus, and start trading with 100x leverage to accumulate more BTC and other cryptocurrencies.

Website: www.bexback.com

Contact: business@bexback.com

Contact:
Amanda
business@bexback.com

Disclaimer: This content is provided by BexBack The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/61a73b2d-37e1-4557-85c0-c16e3cae9059

https://www.globenewswire.com/NewsRoom/AttachmentNg/f081e458-3767-42e1-97a4-c7db8bea6020

https://www.globenewswire.com/NewsRoom/AttachmentNg/3dfa57ba-3df2-4244-9649-281c7fa83273

https://www.globenewswire.com/NewsRoom/AttachmentNg/51b5f115-6d5e-43c5-88da-0333b6867b35

The MIL Network –
June 21, 2025
MIL-OSI USA: Riverside County Woman Sentenced to 7 Years in Prison for Running $1.7 Million COVID-19 Benefits Fraud She Advertised on Instagram

Source: United States Small Business Administration

Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, Audit Oversight Reports, and General News

Click Here to View the Original U.S. Department of Justice (DOJ) Press Release

An Inland Empire woman was sentenced today to 84 months in federal prison for fraudulently obtaining $1.7 million in COVID-19 pandemic-related jobless benefits, federally-guaranteed small business loans, California Small Business COVID-19 relief grants, and Los Angeles County economic opportunity grants.

Jasmine Unique Mallard-McCarter, 30, a.k.a. “JassyMC,” of Eastvale, was sentenced by United States District Judge Maame Ewusi-Mensah Frimpong, who also ordered her to pay $1,765,407 in restitution.

McCarter pleaded guilty on February 28 to one count of conspiracy to commit wire fraud.

McCarter impersonated others to apply online for government benefits that she used for herself. McCarter also used the personal identifying information provided by her co-conspirators to apply for government benefits on their behalf, knowing those co-conspirators were not eligible for those benefits.

McCarter charged fees to instruct others how to apply for government benefits for which they were not eligible without getting caught. Also, for a fee, McCarter served as a broker for counterfeit documents, such as Social Security cards, driver’s licenses, IRS Forms 1040, W-2s, bank statements, education degrees and transcripts, pay stubs, and doctors’ notes for handicapped placards. In some instances, the McCarter and her co-conspirators used the counterfeit documents to trick the government into paying unjustified benefits.

McCarter advertised her fraud services on Instragram, using handles “JassyMc” and “EliteRealEstateandBusiness.” McCarter referred to herself as the “Jass of All Trades” in social media posts, because she could file fraudulent unemployment insurance applications, file grant applications, and broker counterfeit documents and identification in return for a fee.

According to McCarter’s Instagram posts, she charged a fee for introducing customers to her connection at the California Department of Motor Vehicles, who could help bypass requirements for smog checks, insurance, and registration.

The U.S. Department of Labor – Office of Inspector General, Employee Development Department Investigations Division, U.S. Small Business Administration – Office of Inspector General, U.S. Department of Homeland Security – Office of Inspector General, FBI, Homeland Security Investigations, and United States Secret Service investigated this matter.

Assistant United States Attorney Andrew Brown of the Major Frauds Section prosecuted this case.

On May 17, 2021, the Attorney General established the COVID-19 Fraud Enforcement Task Force to marshal the resources of the Department of Justice in partnership with agencies across government to enhance efforts to combat and prevent pandemic-related fraud. The Task Force bolster efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies tasked with administering relief programs to prevent fraud by, among other methods, augmenting and incorporating existing coordination mechanisms, identifying resources and techniques to uncover fraudulent actors and their schemes, and sharing and harnessing information and insights gained from prior enforcement efforts. For more information on the department’s response to the pandemic, please visit https://www.justice.gov/coronavirus.

On September 15, 2022, the Attorney General selected the U.S. Attorney’s Offices for the Central and Eastern Districts of California to jointly head one of the three national COVID-19 Fraud Strike Force Teams. The Department of Justice established the Strike Force to enhance existing efforts to combat and prevent COVID-19 related financial fraud. The Strike Force combines law enforcement and prosecutorial resources and focuses on large-scale, multistate pandemic relief fraud perpetrated by criminal organizations and transnational actors, as well as those who committed instances of pandemic relief fraud. The Strike Force uses prosecutor-led and data analyst-driven teams to identify and bring to justice those who stole pandemic relief funds. Additional information regarding the Strike Force may be found at https://www.justice.gov/opa/pr/justice-department-announces-covid-19-fraud-strike-force-teams.

Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at (866) 720-5721 or via the NCDF Web Complaint Form at https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

MIL OSI USA News –

June 21, 2025
MIL-OSI Russia: New Horizons of Cooperation: Polytech at the St. Petersburg International Economic Forum

Translation. Region: Russian Federal

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

On June 20, Peter the Great St. Petersburg Polytechnic University continued its work at the XXVIII St. Petersburg International Economic Forum.

At the forum, the rector of SPbPU, academician of the Russian Academy of Sciences Andrey Rudskoy and the chairman PSB Petr Fradkov signed a partnership agreement aimed at developing and scaling digital twin technology for defense industry enterprises and civilian high-tech industries. The document sets out the creation of a joint ecosystem for technological development that meets the priorities of the Russian Federation in the field of digital transformation and technological leadership:

Russia’s entry into the top 10 countries in terms of R&D volume; accelerated implementation of technological innovations; formation of long-term demand and supply for high-tech products.

All joint initiatives of SPbPU and PSB will be focused on the implementation and financial support of “cross-cutting” projects: from technological innovations to the creation and technical support in the operation of promising military and military-technical equipment and dual-use products.

Polytechnic has been building a world-class ecosystem around key scientific and technological direction— system digital engineering and digital twin technology. PSB support will give our projects strategic and financial acceleration and will allow us to transform our scientific and technological groundwork, created digital platforms, digital test benches and testing grounds not only into a tool for developing high-tech products and implementing R&D, but also into state standards. After all, our common goal is to increase business investment in R&D, to make digital twin technology not only a language of communication between science, production and business, but also a basis for effective cooperation in order to ensure a high level of defense capability and technological leadership of the country, — noted Andrey Rudskoy.

For systematic work in this direction, PSB will create specialized structures within its framework by the end of the year – the Sovereign Technologies Development Agent and the Innovation Diffusion Accelerator, which will form cooperation chains of qualified customers and qualified performers, developers and manufacturers of high-tech products, and will also develop specialized financial instruments for the implementation of technological innovations using digital twin approaches.

For PSB, the backbone bank of the military-industrial complex, the role of an agent for the development of sovereign technologies is a responsibility and a growth point. Based on the expertise of the Polytechnic University andCML-Bench® digital platform, we consolidate engineering and financial data in a single digital circuit so that bold scientific and technological ideas quickly become competitive products. Our goal is to create and test a convenient “short route” from development to serial production and ensure the country’s technological leadership, which today is measured, among other things, by the ability to create the future in digital form, said Pyotr Fradkov.

The most important link that translates the country’s priorities from the highest level into an effective project format should be the Interdepartmental Comprehensive Target Program for the Implementation of Digital Twin Technology, which is being developed on behalf of the President of the Russian Federation by federal executive bodies under the leadership of the Ministry of Industry and Trade of Russia.

Digital twin technology plays an important role in the development of industry and is aimed primarily at reducing the cost and development time of high-tech products, improving the characteristics of created and modernized models, which will lead to ensuring technological sovereignty and technological leadership. I would like to note that within the framework of the activities of TC 700, RFNC-VNIIEF and SPbPU were the first in the world to develop National standard “Digital twins of products”, which was officially recognized in the PRC and served as the basis for the creation of the standard “Digital Twins of Aircraft Gas Turbine Engines”. In this regard, the signed Agreement on Cooperation between PSB and SPbPU in the field of development and application of digital testing technologies and digital twins at defense industry enterprises will play a major role and will be of great importance in the implementation of the Interdepartmental Comprehensive Target Program for the Implementation of Digital Twin Technology, – commented Kirill Lysogorsky, Deputy Minister of Industry and Trade of the Russian Federation, Chairman of TC 700 “Mathematical Modeling and High-Performance Computing Technologies”.

Also at the forum, two agreements on joining the consortium “Russian-African Network University” were signed: with the Saint Petersburg State University of Economics and the Moscow State University of Geodesy and Cartography. The documents were signed by the Chairman of the Presidium of RAFU, Rector of SPbPU Andrey Rudskoy, Rector of SPbGEU Igor Maksimtsev and Rector of MIIGAiK Nadezhda Kamynina.

The Russian-African Network University is proud to welcome new members to its ranks. This event is of great importance. The main value lies in the professional activities of the University of Economics. The Ministry instructed us to conduct research to assess the economic and cultural damage inflicted on Africa by centuries of colonial rule. Our President rightly noted that Africa is the future of our planet and the most populated continent. Africa has enormous intellectual potential, which in the near future may occupy leading economic and intellectual positions. Our network university should contribute to this process, – noted Andrey Rudskoy.

The Russian-African Network University consortium was created on the initiative of the Ministry of Science and Higher Education of the Russian Federation in 2021.

Its goal is to develop partnerships between Russian and African universities in the field of higher education and research, and to create a unified educational space for training highly qualified personnel. RAFU includes more than 90 Russian educational, scientific organizations and companies, and on the African side – 45 universities and organizations from 15 African countries.

Andrey Rudskoy also became an expert in the session “Welcome, or No Trespassing: A Challenge for Science” with the participation of the Minister of Science and Higher Education of the Russian Federation Valery Falkov. The conversation was devoted to the problem of communications in the field of science as an important part of international relations.

At the forum, the rector of SPbPU held a series of productive meetings where they discussed current tasks for ensuring the country’s technological leadership, as well as the interaction of science, education and business.

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

MIL OSI Russia News –

June 21, 2025
MIL-OSI United Kingdom: UK-Bahrain agree £2bn investment partnership in huge boost for UK economy
Source: United Kingdom – Executive Government & Departments

Press release

UK-Bahrain agree £2bn investment partnership in huge boost for UK economy

The UK and Bahrain have signed a partnership agreement which will deliver £2 billion of investment into key growth sectors in a huge boost to the economy.
UK has signed a new partnership with Bahrain, which will see £2 billion investment into key growth sectors.

Agreement will increase investment in financial services, clean energy, manufacturing and tech – all growth sectors in Government’s modern Industrial Strategy.

Business Secretary Jonathan Reynolds: investment is ‘major vote of confidence’ that will increase jobs and create growth across UK as part of the Government’s Plan for Change.

UK becomes member of the US-Bahrain Comprehensive Security Integration and Prosperity Agreement which supports economic growth at home.

The UK government and Bahrain have signed a new investment and collaboration partnership that will unlock £2 billion of investment into Britain, boosting economic growth and driving forward the Government’s Plan for Change.

The Strategic Investment and Collaboration Partnership (SIP) is double the £1 billion commitment made in 2023 and will focus on investing in key growth sectors including financial services, technology and decarbonisation – as the Government prepares to publish the upcoming modern Industrial Strategy.

The Partnership is a sign of a strengthened bilateral relationship with Bahrain and will help create new jobs and boost growth across the UK. It will also provide British companies opportunities to take advantage of Bahrain’s business environment, providing support on innovation, productivity and development in the country.

Yesterday [Thursday 19 June], the Prime Minister met with His Royal Highness Crown Prince Salman bin Hamad Al Khalifa, Prime Minister of the Kingdom of Bahrain, where the deal was formally signed.

At a time of great importance for regional stability both leaders reaffirmed the strength of the relationship between the two countries, as the UK became a full member of the Comprehensive Security Integration and Prosperity Agreement (C-SIPA) after announcing its intention to join in December 2024. This demonstrates the UK’s continued efforts to strengthen security cooperation with key partners in Bahrain and the US and together, to foster long-term regional stability across the Middle East while bolstering economic growth at home through new security and defence partnerships.

The UK and Bahrain leaders yesterday reiterated their commitment to defence relations and continuing the already strong cooperation between our Armed Forces and those of the Kingdom of Bahrain. This includes our strong naval partnership, which has seen Bahrain host the UK’s largest naval base outside of the UK and training offered by UK Armed Forces to Bahrain military personnel.

Chancellor of the Exchequer Rachel Reeves said:

In a changing world, Britain is increasingly seen as a place for investment and growth – thanks to the stability we have brought to the economy and our pro-business approach.

This £2 billion investment into the growth-driving sectors where Britain thrives will create good jobs paying decent wages in all corners of our country, putting more money in people’s pockets as part of our Plan for Change.

Business and Trade Secretary Jonathan Reynolds said:

This £2 billion commitment is yet another major vote of confidence in the UK economy, backing the key growth sectors we’ve identified in our upcoming modern Industrial Strategy.

We have the most open, stable and connected economy in the world – and our Plan for Change will encourage more countries to invest here, delivering long-term growth that supports good, skilled jobs across the country.

During their visit to the UK, a delegation of Bahraini investors visited growth projects and business in Manchester, Leeds, and Sheffield, in order to explore opportunities to support the UK Government’s growth agenda.

This government is committed to driving economic growth, and growing trade and investment with the Gulf is pivotal to this mission, delivering higher wages, supporting increased investment and economic opportunity, and strengthening relationships with important partners.

Notes to editors:

The UK announced its intention to join C-SIPA during the Minister for the Middle East and North Africa’s visit to Manama in December 2024. UK joins US-Bahrain agreement to build security across the Middle East – GOV.UK

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Published 20 June 2025
MIL OSI United Kingdom –
June 21, 2025
MIL-OSI USA: Former JBLM soldier pleads guilty to attempting to share military secrets with China

Source: US State of California

A former U.S. Army Sergeant whose last duty post was Joint Base Lewis-McChord (JBLM) in western Washington pleaded guilty today in U.S. District Court in Seattle to two federal felonies, announced Acting U.S. Attorney Teal Luthy Miller. Joseph Daniel Schmidt, 31, pleaded guilty to attempt to deliver national defense information and retention of national defense information. He faces up to ten years in prison when sentenced by U.S. District Judge John C. Coughenour on September 9, 2025.

According to records filed in the case, Schmidt was an active-duty soldier from January 2015 to January 2020. His primary assignment was at JBLM in the 109th Military Intelligence Battalion. In his role, Schmidt had access to SECRET and TOP SECRET information. After his separation from the military, Schmidt reached out to the Chinese Consulate in Turkey and later, the Chinese security services via email offering national defense information.

In March 2020, Schmidt traveled to Hong Kong and continued his efforts to provide Chinese intelligence with classified information he obtained from his military service. He created multiple lengthy documents describing various “high level secrets” he was offering to the Chinese government. He retained a device that allows for access to secure military computer networks and offered the device to Chinese authorities to assist them in efforts to gain access to such networks.

Schmidt remained in China, primarily Hong Kong, until October 2023, when he flew to San Francisco. He was arrested at the airport.

Attempt to deliver national defense information and retention of national defense information are both punishable by up to 10 years in prison and a $250,000 fine.

The FBI investigated the case, with valuable assistance provided by the U.S. Army Counterintelligence Command.

Assistant U.S. Attorney Todd Greenberg is prosecuting the case, with valuable assistance from the National Security Division’s Counterintelligence and Export Control Section.

MIL OSI USA News –

June 21, 2025
MIL-OSI Security: Former JBLM soldier pleads guilty to attempting to share military secrets with China

Source: United States Attorneys General

A former U.S. Army Sergeant whose last duty post was Joint Base Lewis-McChord (JBLM) in western Washington pleaded guilty today in U.S. District Court in Seattle to two federal felonies, announced Acting U.S. Attorney Teal Luthy Miller. Joseph Daniel Schmidt, 31, pleaded guilty to attempt to deliver national defense information and retention of national defense information. He faces up to ten years in prison when sentenced by U.S. District Judge John C. Coughenour on September 9, 2025.

According to records filed in the case, Schmidt was an active-duty soldier from January 2015 to January 2020. His primary assignment was at JBLM in the 109th Military Intelligence Battalion. In his role, Schmidt had access to SECRET and TOP SECRET information. After his separation from the military, Schmidt reached out to the Chinese Consulate in Turkey and later, the Chinese security services via email offering national defense information.

In March 2020, Schmidt traveled to Hong Kong and continued his efforts to provide Chinese intelligence with classified information he obtained from his military service. He created multiple lengthy documents describing various “high level secrets” he was offering to the Chinese government. He retained a device that allows for access to secure military computer networks and offered the device to Chinese authorities to assist them in efforts to gain access to such networks.

Schmidt remained in China, primarily Hong Kong, until October 2023, when he flew to San Francisco. He was arrested at the airport.

Attempt to deliver national defense information and retention of national defense information are both punishable by up to 10 years in prison and a $250,000 fine.

The FBI investigated the case, with valuable assistance provided by the U.S. Army Counterintelligence Command.

Assistant U.S. Attorney Todd Greenberg is prosecuting the case, with valuable assistance from the National Security Division’s Counterintelligence and Export Control Section.

MIL Security OSI –

June 21, 2025
MIL-OSI: Maris-Tech Unveils Peridot: A New AI-Powered Observation System for Comprehensive Threat Detection

Source: GlobeNewswire (MIL-OSI)

New Solution Combines AI, Thermal Imaging, and Multi-Sensor Stitching to Create a Seamless View for Defense and Security Operations

Rehovot, Israel, June 20, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”)-based edge computing technology, is proud to announce the completion of the first prototype of Peridot – an AI-based passive observation system designed for comprehensive situational awareness.

Peridot integrates multiple high-definition day and thermal video sensors with advanced stitching algorithms to create a panoramic view, both horizontally and vertically. The result is uninterrupted coverage and early detection of conventional and modern threats, including drones and unmanned vehicles.

This breakthrough technology is designed for border and strategic site protection, offering a fully integrated, standalone solution to monitor, detect and enable quicker response to aerial and ground-based risks. In addition to its observation capabilities, Peridot can serve as a trigger system for passive or active threat defeating mechanisms – making it an ideal part of layered defense strategies.

“Peridot represents a significant technological leap and a major milestone for Maris-Tech,” said Israel Bar, Chief Executive Officer of Maris-Tech. “We’re proud of the team that brought this concept to life. As a standalone solution, Peridot positions us higher in the defense technology value chain, and we believe the industry will benefit greatly from its introduction.”

About Maris-Tech Ltd.

Maris-Tech is a global leader in video and AI-based edge computing technology, pioneering intelligent video transmission solutions that conquer complex encoding-decoding challenges. Our miniature, lightweight, and low-power products deliver high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics. Founded by Israeli technology sector veterans, Maris-Tech serves leading manufacturers worldwide in defense, aerospace, Intelligence gathering, homeland security (HLS), and communication industries. We’re pushing the boundaries of video transmission and edge computing, driving innovation in mission-critical applications across commercial and defense sectors.

For more information, visit https://www.maris-tech.com/

Forward-Looking Statement Disclaimer

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect”,” “may”, “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is using forward-looking statements when it discusses the potential capabilities and applications of the Peridot system, including its integration into layered defense strategies, its ability to provide early detection and comprehensive situational awareness and the Company’s belief that Peridot represents a significant technological advancement and will positively impact the defense industry. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: its ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Relations:

Nir Bussy, CFO
Tel: +972-72-2424022
Nir@maris-tech.com

The MIL Network –

June 21, 2025
MIL-OSI: Bitget PRO Program Launches Limited-Time PRO+2 Upgrade to Supercharge High-Volume and Institutional Traders

Source: GlobeNewswire (MIL-OSI)

VICTORIA, Seychelles, June 20, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange, and Web3 company, has announced a limited-time PRO+2 Level Upgrade Promotion alongside the announcement of Bitget PRO, an upgraded program designed to support the needs of institutional clients and high-frequency traders. Meant for eligible users, the promotion reinforces Bitget’s commitment to empowering professional traders with better rates, priority infrastructure, and exclusive perks.

The Bitget PRO program introduces a dynamic tiered system built to streamline institutional access to lower fees, optimized API limits, exclusive loan and custody services, and expanded withdrawal limits. With the rise of algorithmic and institutional trading, Bitget PRO serves as a dedicated infrastructure layer that facilitates complex strategies and capital efficiency.

“Institutional traders are shaping the future of digital finance through precision and scale. Bitget PRO is built to support their ambitions—offering advanced infrastructure and seamless access to tailored financial tools,” said Gracy Chen, CEO of Bitget. “Our time-limited PRO+2 upgrade is our way of welcoming top-tier participants into the program with minimal friction—unlocking superior benefits and showing our ongoing commitment to supporting institutional growth in crypto.”

The PRO+2 Level Upgrade Promotion will run from July 2 to August 31, 2025, instantly boosting trading power for both new and existing users. Traders will be upgraded by two levels based on their June trading volume, while new users can apply for the same boost by submitting proof of past trading activity or asset holdings before August 15, 2025 (GMT+8). For example, approved traders currently tiered as PRO3, will get upgraded to receive PRO5 fee rates and benefits. This promotion allows eligible users to unlock up to PRO6-level benefits earlier than ever, including top-tier fee discounts, deeper liquidity, and personalized institutional support. Additional perks include improved fee structures on spot and futures, higher API rate limits, increased withdrawal caps, flexible sub-account management, and direct access to Bitget’s API team for real-time support.

The Bitget PRO program is automatically assigned daily at 9:00AM (UTC+8), with qualification based on a user’s 30-day API trading volume. PRO1 and above require at least 20% of trades via API. Those who do not meet the criteria will revert to VIP tiers. This structure allows seamless mobility while rewarding activity and technical engagement.

Earlier this year, Bitget strengthened its institutional offering with the launch of Institutional Lending, enabling up to 5x leverage on spot trading. Additional upgrades, including Unified Accounts and enhanced OTC services, reflect Bitget’s commitment to supporting professional traders with flexible, secure solutions.

For more details on the Bitget PRO+2 Level Upgrade Promotion, visit here. For details on the Bitget PRO program in general, visit the official Bitget PRO Program page and direct inquiries to institution@bitget.com.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8a6da46e-0407-43bb-b236-a93a5188d971

The MIL Network –

June 21, 2025
MIL-OSI: Quietum Plus 2025: Exploring the Science and Safety behind a Popular Natural Hearing Supplement
Source: GlobeNewswire (MIL-OSI)

Aurora, Colorado, June 20, 2025 (GLOBE NEWSWIRE) — In a significant advancement within the natural health supplement industry, Quietum Plus has emerged as a frontrunner in auditory wellness. As hearing health gains prominence among aging populations and wellness-conscious consumers alike, Quietum Plus is positioning itself as a transformative solution—bringing renewed attention to natural alternatives in an era increasingly reliant on pharmaceutical intervention and electronic aids.

Over the past year, the conversation around hearing support has evolved beyond conventional devices. Where traditional approaches have centered largely on amplification through hearing aids or temporary symptom relief, Quietum Plus introduces a foundational rethinking of ear health: addressing potential root causes through targeted nutrition and internal balance. This shift marks a notable moment for both the supplement sector and the broader hearing wellness market.

The formulation behind Quietum Plus has been carefully developed to support the auditory system’s function and longevity. The company behind the supplement emphasizes that its research has focused not merely on masking hearing loss or tinnitus symptoms, but instead on fostering the internal conditions that enable long-term auditory clarity. While Quietum Plus is not positioned as a medical treatment or cure, its natural formula has sparked attention among professionals in wellness and alternative health domains.

Quietum Plus draws on the principles of plant-based and neuro-nutritional science. By utilizing a blend of botanicals, vitamins, and minerals sourced from clean environments and manufactured under stringent standards, the product aims to restore harmony between the ear, brain, and circulatory system. According to the brand’s creators, the inner workings of the ear require not only mechanical support, but also nourishment to maintain auditory processing efficiency over time. The supplement was designed with this philosophy at its core.

The growing visibility of Quietum Plus reflects a broader cultural pivot toward proactive health maintenance. Rather than reacting to the onset of serious symptoms with hardware-based solutions or invasive clinical measures, more consumers are seeking early intervention via natural supplementation. This aligns with data indicating rising demand for alternative hearing health strategies—particularly among individuals in their 40s and 50s who are beginning to experience subtle declines in auditory sharpness.

In the competitive market of wellness supplements, Quietum Plus has distinguished itself by focusing on a singular goal: comprehensive auditory system nourishment. Its formulation reportedly supports blood flow to the inner ear, promotes healthy inflammation response, and helps maintain nerve signaling vital to sound interpretation. Each of these mechanisms, according to the developers, plays a role in how effectively the ear and brain communicate under daily life stressors.

The product’s emergence also coincides with shifting public perceptions of aging and sensory wellness. Hearing loss, once seen as an unavoidable consequence of growing older, is now being examined as a potentially manageable condition when addressed through supportive daily habits. Quietum Plus leverages this perspective, presenting itself not just as a supplement, but as part of a broader lifestyle movement rooted in longevity and preventative care.

Industry observers have noted that Quietum Plus is helping shape a new narrative around hearing support—one that reframes the condition not as a stigma or limitation, but as a call for more thoughtful self-care. This fresh framing has appealed particularly to mid-life adults who want to maintain control of their health without relying on external devices or prescriptions.

The product’s branding also reinforces this shift in mindset. Rather than adopting the clinical tone often associated with hearing treatments, Quietum Plus presents itself with a message of empowerment and renewal. The name itself—derived from the Latin word for “quiet”—evokes serenity, control, and balance, themes echoed in its visual identity and educational materials.

Beyond branding, the Quietum Plus organization has expressed commitment to consumer transparency. The supplement is produced in FDA-registered and GMP-compliant facilities, a factor that has been emphasized in its marketing and packaging. Furthermore, each batch undergoes rigorous third-party testing to ensure ingredient integrity and safety—practices that reflect the brand’s ongoing efforts to align with evolving industry standards.

While Quietum Plus is not intended to replace medical treatments, it has gained attention from holistic practitioners and integrative health coaches as a supportive tool. As alternative health gains traction within mainstream discourse, products like Quietum Plus are bridging the gap between traditional wellness disciplines and modern consumer expectations.

In addition to its internal development efforts, the company has also focused on education and outreach. Throughout 2024 and into 2025, Quietum Plus has launched a series of digital awareness campaigns aimed at encouraging regular hearing check-ups, promoting noise exposure reduction, and supporting dietary habits known to benefit cognitive and neurological function. These initiatives signal the brand’s aspiration to position itself as not only a product provider, but a thought leader in hearing wellness.

The product’s current market availability is managed exclusively through its official website. This direct-to-consumer model has allowed the brand to maintain tighter control over quality, pricing, and customer service—a strategy that aligns with broader trends across the supplement industry. The official website offers bundled purchasing options and informational resources designed to help users understand the supplement’s role within a larger health framework.

Looking ahead, Quietum Plus plans to expand its educational outreach while continuing to refine its core offering. Though the company has not announced additional product lines, its leadership has indicated interest in further research collaborations and clinical studies to deepen its understanding of auditory nutrition. This focus on science-backed development could provide new momentum for natural hearing solutions across the global health marketplace.

As the broader wellness industry continues to evolve, Quietum Plus represents a growing interest in preventative sensory care—particularly in areas that have traditionally been underserved by the supplement category. By bringing focus to an issue that often goes unnoticed until it becomes disruptive, the brand is helping reshape how individuals approach and prioritize their hearing.

In an increasingly noisy world, Quietum Plus arrives with a message that resonates: that hearing, like any other element of health, deserves proactive attention, natural nourishment, and thoughtful support. As the health-conscious consumer of 2025 seeks options that go beyond temporary fixes, the emergence of Quietum Plus signals a new direction—one where hearing support can be both natural and effective, personal and preventative, scientific and sustainable.

For more information, educational content, and direct purchasing, visit the official Quietum Plus website.

Company: Quietum Plus
Website – https://quietumplus.com/
Address: 19655 E 35th Dr. #100,
Aurora,
CO 80011 USA
Email: contact@quietumplus.com Order
Phone Support: 1-800-390-6035 or +1 208-345-4245

Disclaimer The information provided in this review is for general educational and informational purposes only and is not intended as, nor should it be considered a substitute for, professional medical advice, diagnosis, or treatment. Always consult with your physician or another qualified healthcare provider before beginning any new supplement, dietary change, or health program—especially if you are pregnant, nursing, have existing health conditions, or are taking medications. Results may vary among individuals.

The statements made regarding Quietum Plus have not been evaluated by the Food and Drug Administration (FDA). Quietum Plus is not intended to diagnose, treat, cure, or prevent any disease. Any claims made within this article about symptom relief, hearing improvement, or related health benefits are based on the product’s formulation and individual testimonials and not on conclusive clinical evidence.

This content does not constitute professional health or medical advice and should not be interpreted as such. Readers should always perform their own due diligence and consult medical professionals before making decisions related to health products.

Attachment
- Quietum Plus
The MIL Network –
June 21, 2025
MIL-OSI: NANO Nuclear and the Namibian Government Sign Memorandum of Understanding to Develop Namibian Domestic Nuclear Fuel Supply Chain Infrastructure

Source: GlobeNewswire (MIL-OSI)

New York, N.Y., June 20, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced the signing of a Memorandum of Understanding (MoU) with the Namibia Industrial Development Agency (NIDA) to explore collaborative opportunities focused on developing the domestic nuclear fuel supply chain infrastructure within the Republic of Namibia.

The MoU represents a shared vision between NANO Nuclear and NIDA to add significant value to the country’s uranium resources, support industrial development, and create new opportunities for Namibian citizens within the global nuclear energy market. With Namibia already ranked among the world’s top uranium producers, the collaboration aims to help position the country as a key player in the emerging secure and diversified global nuclear fuel supply chain.

Figure 1 -NANO Nuclear Energy Inc. Chief Executive Officer James Walker and Richwell Lukonga, Chief Executive Officer of the Namibia Industrial Development Agency following the signing of the MoU.

“This first step with NIDA reflects our long-term commitment to helping NIDA build a stable, localized, and internationally respected nuclear fuel supply chain in Namibia,” said James Walker, Chief Executive Officer of NANO Nuclear. “We are proud to work alongside Namibia to ensure that its natural resources can power not only domestic progress but also global energy resilience.”

Under the MoU, NANO Nuclear and NIDA will work together to evaluate opportunities related to the development of infrastructure, technology transfer, education, job creation, and local workforce development in support of Namibia’s national nuclear energy development goals. NIDA will help coordinate government and stakeholder engagement, while NANO Nuclear will lead assessments related to industrial capability, fuel logistics, and potential international nuclear fuel supply contracts for NIDA.

“This collaboration with Namibia highlights our mission to position the Company as a leader in the global clean energy transition and reinforces our strategic intent to secure the resources necessary to fuel the future of nuclear energy in the United States and abroad,” said Jay Yu, Founder and Chairman of NANO Nuclear. “NANO Nuclear brings the advanced nuclear expertise and commercial vision that align well with NIDA’s development mandate. Through education, infrastructure, and responsible industrial development, this collaboration will unlock meaningful opportunities for the Namibian people while supporting NANO Nuclear’s broader strategy to de-risk and decentralize the nuclear fuel supply chain.”

Figure 2 – NANO Nuclear Energy Inc. Chief Executive Officer James Walker and Richwell Lukonga, Chief Executive Officer of the Namibia Industrial Development Agency at the signing of the MoU.

As the world accelerates toward low-carbon energy solutions, the nuclear industry is experiencing a renaissance. By establishing Namibia as a trusted link in the global nuclear fuel supply chain, this collaboration will support energy security, economic diversification, and scientific advancement in southern Africa and beyond.

Initial work under the MoU will focus on identifying viable areas for investment, conducting feasibility studies, and facilitating engagements with other government bodies, technical institutions, and international stakeholders. The MoU also envisions expanding the collaboration into areas of training, joint venture development, and nuclear-ready industrial site planning.

NANO Nuclear and NIDA will also work to negotiate and enter into definitive agreement related to the collaboration in the future.

About Namibia Industrial Development Agency (NIDA)

The Namibia Industrial Development Agency (NIDA) is a commercial state-owned enterprise under Namibia’s Ministry of Industrialisation and Trade. NIDA’s mission is to drive inclusive and sustainable industrial development through investment facilitation, infrastructure development, and support for key growth sectors aligned with Namibia’s national development plans.

About NANO Nuclear Energy, Inc.

NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR^™Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR^™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR^™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

For more corporate information please visit: https://NanoNuclearEnergy.com/

Email: IR@NANONuclearEnergy.com
Business Tel: (212) 634-9206

PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

NANO Nuclear Energy LINKEDIN
NANO Nuclear Energy YOUTUBE
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Cautionary Note Regarding Forward Looking Statements

This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements include those regarding NANO Nuclear’s plans to collaborate with NIDA, and the goals of such collaboration, as described in this press release. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions or risks related to operations in Namibia, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the enacted ADVANCE Act and the May 23, 2025 presidential executive orders seeking to support nuclear energy, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

Attachment

The MIL Network –

June 21, 2025
MIL-OSI Russia: Russia is becoming a key player in the new architecture of the global economy

Translation. Region: Russian Federal

Source: State University Higher School of Economics – State University Higher School of Economics –

The geopolitical fragmentation of the global economy opens up new opportunities for Russia to cooperate with the countries of the Global South and strengthen its own role in global processes. This is stated in the HSE report presented at the St. Petersburg International Economic Forum as part of the VTB session.

Analysts emphasize that the global economy is currently divided into three large blocs – the United States, China and non-aligned countries, which is accompanied by a reduction in trade and investment between them by 12% and 20% since 2022. Despite this, developing countries are increasing their share in world trade: the volume of trade between the countries of the Global South has grown from $2.3 trillion in 2007 to $5.6 trillion in 2023. This indicates the formation of new economic ties and growth centers.

The report notes that the reversal of trade imbalances in 2024 – with the US deficit widening and China’s surplus rising, and the EU moving into positive balance – creates risks of new trade wars and investment reallocation, requiring companies to diversify supplies and expand their partner networks. Logistics challenges caused by conflicts in the Middle East and problems in the Suez and Panama Canals are stimulating the development of alternative routes, including the Northern Sea Route and “green corridors” for the accelerated delivery of critical cargo.

Particular attention is paid to the role of the so-called connector countries – Malaysia, Vietnam and India, which are strengthening trade ties with individual partners, while Russia, Australia and the EU are reducing their dependence on traditional markets, which contributes to the formation of sustainable regional trade turnover.

In the Russian context, experts note that human capital is becoming the main resource for economic growth: the average length of education for Russians aged 25–44 is 14 years, which is higher than in the US and Europe, but further investment in science and R&D is needed to realize this potential. In the context of the crisis, Russia has seen an increase in the production of high-tech products, the development of domestic tourism and paid services, as well as an increase in exports, which are less sensitive to sanctions.

Investment activity is most noticeable in the small and medium enterprise sector and in the production of investment goods, which contributes to the diversification of the economy and the creation of new jobs. Key challenges include tightening monetary policy, rising credit costs, labor shortages and tax pressure, especially in the manufacturing industry.

The authors of the report emphasize that a balanced budget policy and support for those employed in the public sector are necessary for macroeconomic stability, and sustainable growth is possible only with the simultaneous strengthening of the internal and external sustainability of the economy. In conditions of turbulence, Russia can play a key role in the formation of a new architecture of the global economy, focused on cooperation with the countries of the Global South and the creation of alternative development models.

The report was prepared as part of the VTB session “In Search of New Sources of Growth: Is a Different Model of Global Financial and Trade Architecture Possible” at the St. Petersburg International Economic Forum. The session was attended by: Andrey Kostin, President and Chairman of the Management Board of VTB Bank; Yaroslav Kuzminov, Academic Director of the Higher School of Economics; Ahmed bin Mohammed Al Sayyed, Minister of State for Foreign Trade of Qatar; Oleg Deripaska, Founder, En Group; Serhat Keksal, President of the Black Sea Trade and Development Bank; Alexey Overchuk, Deputy Prime Minister of the Russian Federation; Benedict Okey Oramah, President and Chairman of the Board of Directors of Afreximbank; Anton Siluanov, Minister of Finance of the Russian Federation.

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

MIL OSI Russia News –

June 21, 2025

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