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Category: Trade

  • MIL-OSI: Digital Asset Technologies Celebrates GENIUS Act as Pivotal Moment for U.S. Leadership in Digital Finance

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, BC, June 20, 2025 (GLOBE NEWSWIRE) — Digital Asset Technologies Inc. (CSE: DATT) (OTCPK: EATBF) (FSE: 988) (“Digital Asset Technologies” or the “Company”) and its portfolio company LiquidLink AI Corp. (“LinkLink”), strongly supports the U.S. Senate’s passage of the GENIUS Act (S.1582) — a landmark bill establishing the first comprehensive federal regulatory framework for payment stablecoins. The legislation marks a definitive turning point for the digital asset industry and lays the foundation for global programmable money, institutional grade stablecoins, and real-world asset (RWA) tokenization.

    The GENIUS Act not only positions the United States alongside every other G20 nation that has developed or is piloting programmable money systems — including Europe’s MiCA framework and CBDC programs in China, Japan, and Canada — it actually leapfrogs them. Unlike most of these jurisdictions, which are focused solely on central bank digital currencies (CBDCs), the U.S. is now enabling regulated private enterprises to issue secure, redeemable, and transparent stablecoins — unlocking innovation in ways that centralized, government-issued tokens cannot.

    “This legislation marks the official start of the internet of value,” said Marcus Ingram, CEO of LiquidLink, a portfolio company of Digital Asset Technologies Inc.
    ‎ “The U.S. now leads the world with a market-driven framework that empowers private innovators to build a future where money moves as freely as email — no bank account required.”

    The Rise of a Tokenized Financial System

    The GENIUS Act doesn’t just legitimize payment stablecoins — it signals the beginning of a broader regulatory framework that will support the tokenization of all real-world assets, from equities and commodities to real estate and intellectual property. By setting capital, liquidity, and transparency standards for issuers and custodians, the bill lays the groundwork for a compliant, programmable, and interoperable global financial system.

    XRPL: The Network for Real-World Asset Settlement

    With this evolution now underway, the XRP Ledger (XRPL) stands out as the ideal network to support a stablecoin- and RWA-driven future:

    • Built for payments: XRPL features fast, low-cost, and energy-efficient transactions.
      ‎
    • Native tokenization: The protocol includes built-in tools for issuing, managing, and freezing assets.
      ‎
    • Institutional readiness: Decentralized yet trusted, XRPL is widely supported by regulated financial entities.
      ‎
    • Compliance-friendly: XRPL includes functions that make regulatory enforcement (e.g., asset clawbacks) possible.‎

    As stablecoins and CBDCs become dominant global payment mechanisms, XRPL is poised to become the primary distributed ledger infrastructure for institutional finance.

    Why LiquidLink Is Critical Infrastructure

    LiquidLink’s flagship platform is purpose-built for the programmable financial system envisioned by the GENIUS Act. As a self-custody-first discovery and analytics tool for XRPL, it will be essential infrastructure in a world where digital assets, stablecoins, and RWAs move seamlessly across chains and borders.

    Key features include:

    • On-Chain Discovery: LiquidLink allows users to locate and analyze tokenized assets, stablecoins, and Web3 tokens on XRPL — all while retaining custody of their own funds.
      ‎
    • Advanced Trading Intelligence: LiquidLink identifies optimal DEX routes and arbitrage opportunities using real-time analytics.
      ‎
    • No Custodial Risk: Entirely client-side, LiquidLink ensures that users — not third parties — control their assets and private keys.
      ‎
    • RWA Launchpad: Integrated launchpad capabilities make it easy for token issuers to bring real-world assets on-chain with optional KYC and compliance modules.

    ‎“In a programmable financial system, compliance and automation must be inseparable,” added Ingram. “LiquidLink ensures that tokenized assets — whether stablecoins or RWAs — can be issued, traded, and settled securely and lawfully across borders.”

    Looking Ahead

    Digital Asset Technologies is preparing its infrastructure and compliance strategy in anticipation of the GENIUS Act becoming law. Through LiquidLink, the company will actively engage with U.S. regulators to align with the forthcoming licensing framework for payment stablecoin issuers.

    “This is not just a bill — it’s the foundation of an entirely new monetary architecture,” said Ingram. 
    ‎ “We’re building the tools and infrastructure to power that future.”

    About Digital Asset Technologies Inc.

    Digital Asset Technologies (CSE: DATT) is a publicly traded investment issuer that identifies and makes equity investments in global companies that are developing and commercializing innovative food tech, sustainability and technology. The Company provides retail investors with the unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food, sustainability and technology sectors. Through its portfolio company, Liquidlink AI Corp., the Company has entered the blockchain technology sector with a focus on real-world asset tokenization, decentralized infrastructure, and advanced trading analytics.

    Learn more: https://www.datech.ca/

    About LiquidLink

    LiquidLink is a portfolio company of Digital Asset Technologies Inc., focused on building secure, interoperable infrastructure for the tokenized economy. Its flagship product, Xrpfy, provides self-custody discovery tools, trading intelligence, and RWA launchpad capabilities for the XRPL ecosystem and is expanding to support multiple blockchains.

    Media Contact:
    ‎
    Marcus Ingram
    marcus@liquidlink.ai

    Sources:
    Atlantic Council CBDC Tracker
    European Commission – Digital Finance‎
    [KPMG Regulatory Insights – GENIUS Act, June 2025]
    ‎LiquidLink Strategic Update on Xrpfy
    ‎

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.

    For further information: For further information, please contact Young Bann, CEO, young@purposeesg.com.

    Cautionary Note regarding Forward Looking Statements

    This press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as, “subject to”, or variations of such words and phrases or state that certain actions, events or results “may” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements regarding the Company’s business strategy, current and future investments, the proposed name change, the updated Investment Policy, and the Company’s ability to obtain the necessary shareholder and regulatory approvals in connection with the proposed name change and updated Investment Policy. Forward-looking statements are based on assumptions, but the actual results may be materially different from any future expectations expressed or implied by the forward-looking statements. The forward-looking statements can be affected by known and unknown risks, uncertainties and other factors, including, but not limited to, the equity markets generally and a failure to obtain the necessary approvals from the Canadian Securities Exchange. Accordingly, readers should not place undue reliance on forward-looking statements.

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Digital Asset Technologies Celebrates GENIUS Act as Pivotal Moment for U.S. Leadership in Digital Finance

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, BC, June 20, 2025 (GLOBE NEWSWIRE) — Digital Asset Technologies Inc. (CSE: DATT) (OTCPK: EATBF) (FSE: 988) (“Digital Asset Technologies” or the “Company”) and its portfolio company LiquidLink AI Corp. (“LinkLink”), strongly supports the U.S. Senate’s passage of the GENIUS Act (S.1582) — a landmark bill establishing the first comprehensive federal regulatory framework for payment stablecoins. The legislation marks a definitive turning point for the digital asset industry and lays the foundation for global programmable money, institutional grade stablecoins, and real-world asset (RWA) tokenization.

    The GENIUS Act not only positions the United States alongside every other G20 nation that has developed or is piloting programmable money systems — including Europe’s MiCA framework and CBDC programs in China, Japan, and Canada — it actually leapfrogs them. Unlike most of these jurisdictions, which are focused solely on central bank digital currencies (CBDCs), the U.S. is now enabling regulated private enterprises to issue secure, redeemable, and transparent stablecoins — unlocking innovation in ways that centralized, government-issued tokens cannot.

    “This legislation marks the official start of the internet of value,” said Marcus Ingram, CEO of LiquidLink, a portfolio company of Digital Asset Technologies Inc.
    ‎ “The U.S. now leads the world with a market-driven framework that empowers private innovators to build a future where money moves as freely as email — no bank account required.”

    The Rise of a Tokenized Financial System

    The GENIUS Act doesn’t just legitimize payment stablecoins — it signals the beginning of a broader regulatory framework that will support the tokenization of all real-world assets, from equities and commodities to real estate and intellectual property. By setting capital, liquidity, and transparency standards for issuers and custodians, the bill lays the groundwork for a compliant, programmable, and interoperable global financial system.

    XRPL: The Network for Real-World Asset Settlement

    With this evolution now underway, the XRP Ledger (XRPL) stands out as the ideal network to support a stablecoin- and RWA-driven future:

    • Built for payments: XRPL features fast, low-cost, and energy-efficient transactions.
      ‎
    • Native tokenization: The protocol includes built-in tools for issuing, managing, and freezing assets.
      ‎
    • Institutional readiness: Decentralized yet trusted, XRPL is widely supported by regulated financial entities.
      ‎
    • Compliance-friendly: XRPL includes functions that make regulatory enforcement (e.g., asset clawbacks) possible.‎

    As stablecoins and CBDCs become dominant global payment mechanisms, XRPL is poised to become the primary distributed ledger infrastructure for institutional finance.

    Why LiquidLink Is Critical Infrastructure

    LiquidLink’s flagship platform is purpose-built for the programmable financial system envisioned by the GENIUS Act. As a self-custody-first discovery and analytics tool for XRPL, it will be essential infrastructure in a world where digital assets, stablecoins, and RWAs move seamlessly across chains and borders.

    Key features include:

    • On-Chain Discovery: LiquidLink allows users to locate and analyze tokenized assets, stablecoins, and Web3 tokens on XRPL — all while retaining custody of their own funds.
      ‎
    • Advanced Trading Intelligence: LiquidLink identifies optimal DEX routes and arbitrage opportunities using real-time analytics.
      ‎
    • No Custodial Risk: Entirely client-side, LiquidLink ensures that users — not third parties — control their assets and private keys.
      ‎
    • RWA Launchpad: Integrated launchpad capabilities make it easy for token issuers to bring real-world assets on-chain with optional KYC and compliance modules.

    ‎“In a programmable financial system, compliance and automation must be inseparable,” added Ingram. “LiquidLink ensures that tokenized assets — whether stablecoins or RWAs — can be issued, traded, and settled securely and lawfully across borders.”

    Looking Ahead

    Digital Asset Technologies is preparing its infrastructure and compliance strategy in anticipation of the GENIUS Act becoming law. Through LiquidLink, the company will actively engage with U.S. regulators to align with the forthcoming licensing framework for payment stablecoin issuers.

    “This is not just a bill — it’s the foundation of an entirely new monetary architecture,” said Ingram. 
    ‎ “We’re building the tools and infrastructure to power that future.”

    About Digital Asset Technologies Inc.

    Digital Asset Technologies (CSE: DATT) is a publicly traded investment issuer that identifies and makes equity investments in global companies that are developing and commercializing innovative food tech, sustainability and technology. The Company provides retail investors with the unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food, sustainability and technology sectors. Through its portfolio company, Liquidlink AI Corp., the Company has entered the blockchain technology sector with a focus on real-world asset tokenization, decentralized infrastructure, and advanced trading analytics.

    Learn more: https://www.datech.ca/

    About LiquidLink

    LiquidLink is a portfolio company of Digital Asset Technologies Inc., focused on building secure, interoperable infrastructure for the tokenized economy. Its flagship product, Xrpfy, provides self-custody discovery tools, trading intelligence, and RWA launchpad capabilities for the XRPL ecosystem and is expanding to support multiple blockchains.

    Media Contact:
    ‎
    Marcus Ingram
    marcus@liquidlink.ai

    Sources:
    Atlantic Council CBDC Tracker
    European Commission – Digital Finance‎
    [KPMG Regulatory Insights – GENIUS Act, June 2025]
    ‎LiquidLink Strategic Update on Xrpfy
    ‎

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.

    For further information: For further information, please contact Young Bann, CEO, young@purposeesg.com.

    Cautionary Note regarding Forward Looking Statements

    This press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as, “subject to”, or variations of such words and phrases or state that certain actions, events or results “may” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements regarding the Company’s business strategy, current and future investments, the proposed name change, the updated Investment Policy, and the Company’s ability to obtain the necessary shareholder and regulatory approvals in connection with the proposed name change and updated Investment Policy. Forward-looking statements are based on assumptions, but the actual results may be materially different from any future expectations expressed or implied by the forward-looking statements. The forward-looking statements can be affected by known and unknown risks, uncertainties and other factors, including, but not limited to, the equity markets generally and a failure to obtain the necessary approvals from the Canadian Securities Exchange. Accordingly, readers should not place undue reliance on forward-looking statements.

    The MIL Network –

    June 21, 2025
  • MIL-OSI Russia: China’s Commerce Minister Holds Video Talks with EU Commissioner for Trade and Economic Security

    Translation. Region: Russian Federal

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

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

    BEIJING, June 20 (Xinhua) — Chinese Commerce Minister Wang Wentao held talks via video link with European Commissioner for Trade and Economic Security Maros Sefcovic on Thursday, according to a statement released by the Ministry of Commerce.

    The two sides held in-depth and professional consultations on economic and trade issues, including the anti-subsidy investigation on electric vehicles and other trade remedy cases, as well as export control and market access.

    The two sides agreed to make joint efforts to meet each other halfway, effectively carry out preparatory work in the economic and trade field for the important agenda between China and the EU this year, and promote the healthy, stable and sustainable development of China-EU economic and trade relations. -0-

    MIL OSI Russia News –

    June 21, 2025
  • MIL-OSI Banking: WTO members examine LDC trade interests, trade and development priorities

    Source: WTO

    Headline: WTO members examine LDC trade interests, trade and development priorities

    LDC trade interests
    At the meeting of the WTO Sub-Committee on LDCs on 16 June, members considered   several LDC related proposals, including those on LDC graduation, LDC accessions and the future of the Enhanced Integrated Framework (EIF). They exchanged views on the latest proposal on LDC graduation, which focuses on three areas: subsidies, trade-related aspects of intellectual property rights and agriculture. A communication on strengthening the implementation of the LDC accession guidelines was submitted by India and Djibouti on behalf of the LDC Group.
    Members exchanged views on the future of the EIF, an Aid for Trade programme aimed at enhancing  LDC  integration  into global trade, which was implemented in two phases (2008 to 2015 and 2016 to 2022). Delegations considered the report of the EIF Task Force that included a set of proposed recommendations for a third phase covering the period from 2025 to 2031.
    An experience-sharing session in the Sub-Committee on LDCs explored new pathways for LDC trade growth. United Nations Trade and Development (UNCTAD) presented its 2024 report “Leveraging carbon markets for development”. Capital-based officials from Bangladesh and The Gambia shared insights on accessing green investment and leveraging trade-related climate finance for strengthening the competitiveness and resilience of key export sectors, including textiles and agriculture. The European Union and the LDC Fund for the Global Environmental Facility shared examples of support offered to LDCs with a view to achieving sustainable development and  transitioning to net zero for greenhouse gas emissions.
    Aid for Trade
    At the Aid for Trade session of the Committee on Trade and Development on 17 June, members continued sharing experiences on trade policy and regulatory support. Capital-based officials from Canada, China, Japan and Lao PDR participated in the discussion.
    Members welcomed Canada’s Expert Deployment Mechanism for Trade and Development, implemented by Cowater International, which supports developing economies in defining negotiating positions and implementing trade agreements. Representatives from the Japan International Cooperation Agency (JICA) highlighted Japan’s “co-creation” approach, which involves collaboration with the private sector, civil society and other donors. It was also noted that the 9th Tokyo International Conference on African Development (TICAD 9) would be held in August 2025 in Yokohama, Japan, under the theme “Co-create innovative solutions with Africa”.
    China and Lao PDR shared   South-South cooperation initiatives, including efforts to improve quarantine capacity and trade readiness.  Investments in railway infrastructure between the two countries were also acknowledged. UNCTAD’s efforts in measuring South-South flows were highlighted.
    Members reviewed a communication from Australia and Barbados proposing a draft ministerial decision titled “Reinforcing members’ commitment to Aid for Trade”. The proposal, set against the backdrop of declining official development assistance, calls for stronger monitoring and evaluation mechanisms and the establishment of a digital platform on existing trade-related technical assistance and capacity building programmes.
    During the experience-sharing session, key trends and challenges in global value chain (GVC) integration for developing economies were explored. The Organisation for Economic Co-operation and Development (OECD) noted that global trade remains resilient, though uncertainty remains. Professor Juan Carlos Hallak, University of Buenos Aires, emphasized the importance of public-private sectoral roundtables in Latin America. He recommended a bottom-up approach that begins with trade facilitation and regulatory reforms before tackling more complex issues such as investment and technology.
    The Lowy Institute, Australia, highlighted Southeast Asia’s trade openness and manufacturing diversification, while stressing the need to boost services productivity and ease regulatory barriers. PrimeSilicon Technology showcased Bangladesh’s experience in supplying digitally delivered services in the semiconductor value chain. The B20, represented by Ms. Trudi Makhaya, outlined three policy priorities: restoring trust in multilateral trade, advancing African integration through the implementation of the African Continental Free Trade Area (AfCFTA), and promoting a climate-responsive trading system.
    Revitalizing trade and development work
    At the Committee on Trade and Development meeting on 18 June, the Secretariat presented a note on the implementation of the special and differential treatment provisions in the Agreement on Agriculture and the TRIPS Agreement. Members appreciated the Secretariat’s efforts in analysing special and differential treatment provisions. Members also explored how to revitalize trade and development deliberations.  Follow-up to the WTO Development Retreat was also discussed.
    Members   reviewed a communication from China titled “ Heightened Trade Turbulence and Responses from the WTO”. Other topics included the development aspects of the work programme on electronic commerce and duty-free, quota-free market access for LDCs. The Chair of the Committee on Trade and Development, Ambassador Mzukisi Qobo of South Africa, will consult members on a request by the co-convenors of the Investment Facilitation for Development Agreement to discuss progress made on the needs assessments under the WTO Committee on Trade and Development.
    Technical assistance
    The Secretariat presented the 2024 WTO Technical Assistance Report, highlighting four key results related to i) implementing WTO agreements; ii) accompanying new accessions; iii) advancing academic research; and iv) reaching out to various stakeholders. It was noted that in 2024 the Secretariat expanded its curriculum to include technical assistance activities on transparency in customs valuation and import licensing. As a result, 35 draft customs valuation notifications were received, with 22 circulated. The Secretariat also acknowledged technical assistance support to facilitate the WTO accessions of Comoros and Timor-Leste.
    On academic research, the WTO Chairs Programme saw a 13 per cent increase in WTO-related courses and a 16 per cent increase in trade-related research.  Five new universities joined the programme in 2024. However, due to budget constraints, the full potential of outreach activities to various stakeholders is yet to be fully explored.
    Members exchanged views on preparations for the next biennial WTO Technical Assistance and Training plan (2026 – 2027). The Secretariat provided an update on its ongoing work, including insights from beneficiaries. The Secretariat also highlighted that in view of limited resources, evolving approaches in the delivery of technical assistance and various funding scenarios were being considered going forward. Members welcomed the Secretariat’s efforts and expressed willingness to engage further in developing the WTO technical assistance plan.
    The next WTO Development Week is scheduled to take place from 17 to 19 November 2025.

    Share

    MIL OSI Global Banks –

    June 20, 2025
  • MIL-OSI Europe: EIB Group increases 2025 financing ceiling to record €100 billion to step up investments in security and defence, energy grids and Europe’s tech leadership

    Source: European Investment Bank

    • The 27 Member States endorse plan to increase new financing to record of up to €100 billion in 2025.
    • Revised ceiling includes 3.5% of total financing for European security and defence. EIB Board also approves landmark project for construction of military base in Lithuania.
    • EIB Group shareholders launch largest EU programme to fund Europe’s technological leadership and approve first wave of new instruments to support cleantech.
    • EIF Board approves deal with German Export Credit Agency to provide a pan-European guarantee for companies trading with Ukraine.

    The shareholders of the European Investment Bank (EIB) Group, the EU Member States, approved a record-high financing ceiling of €100 billion for this year and new programmes to strengthen Europe’s competitiveness, technological leadership and security.

    The EIB Board of Governors, made up of European Union Finance Ministers, endorsed the 2025 financing ceiling at a meeting today in Luxembourg. The Boards of Directors of the EIB and of the European Investment Fund (EIF) gave the green light earlier this week to the increase in financing for security and defence, energy grids and the new TechEU programme to boost Europe’s technological leadership. They also approved flagship projects including to support Ukraine’s economy and the construction of a major military base in Lithuania.

    “The unanimous support of our shareholders, the 27 Member States, for our proposals to provide record financing for defence, energy security and tech leadership, shows the key role of the EIB Group to support Europe’s strategic priorities,” said EIB Group President Nadia Calviño. “In a world where everything everywhere is changing all at once, the EU is a beacon of clarity, confidence and stability.”

    The EIB Group’s new 2025 financing ceiling of €100 billion follows a mid-year review of the organisation’s operational plan, which includes an increase to 3.5% of total financing for the European security and defence sector, record financing of more than €11 billion for power grids and storage in Europe, and greater support for EU technological and industrial innovation.

    TechEU programme

    The EIB Group is launching the EU’s largest financing programme to date in support of innovation and tech leadership to attract talent, capital and investment in Europe. TechEU will provide €70 billion in EIB Group equity, quasi-equity, loans and guarantees in 2025-2027 and crowd in private capital to generate at least €250 billion in investments.

    TechEU is complementing the “Startup and Scaleup Strategy” of the European Commission to support higher risk projects and innovative companies throughout their investment journey.  

    TechEU provides more support for supercomputing, artificial intelligence, digital infrastructure, critical raw materials, green industries such as offshore wind, health, security and defence technologies, robotics and advanced materials. It will target innovative companies at every stage of their development – from initial ideas to stock listings.

    Clean Industrial Deal

    The EIB Board has also approved the first wave of instruments under TechEU to support Europe’s leadership in cleantech, in line with the EU Clean Industrial Deal, including the reinforcement of cross guarantees for wind energy production, and three new instruments to strengthen Europe’s competitiveness:

    • A €1.5 billion package to provide counter-guarantees through partner banks to grid component manufacturers to ensure sustainable supply, giving companies greater certainty to ramp up production of electricity networks across Europe. This will facilitate the integration of renewable energy into the grid and the delivery of affordable power to EU businesses and households. 
    •  To help ensure predictable and affordable energy costs for businesses and accelerate investments in green energy, the EIB and European Commission are launching a €500 million pilot programme to support the take-up of more corporate power purchase agreements (PPAs). The EIB will counter-guarantee, through partner banks, part of the PPAs undertaken by mid-sized as well as larger energy-intensive companies for the long-term purchase of electricity generation from clean sources.
    • To provide liquidity and working capital for highly innovative small and medium-sized enterprises active in developing green technologies, the EIB and Commission are launching a €250 million CleantechEU guarantee scheme.
    • A €1.5 billion top-up to a successful EIB programme supporting European wind turbine and component manufacturers.

    New chairs

    Czech Finance Minister Zbyněk Stanjura will take over as new chair of the Board of Governors for one year with immediate effect.  

    “The EIB has a key role in supporting European priorities from defence to energy security or affordable housing,” said Czech Finance Minister Zbyněk Stanjura. “I am delighted to take over the chair of the Board of Governors. I look forward to working closely with President Calviño and other EU Finance Ministers to support the EIB, as it steps up its activities to help tackle the many challenges Europe is facing.”

    “The EIB has impressively demonstrated its ability to support European objectives in an increasingly complex geopolitical environment and to effectively fulfil its increasing responsibilities in support of security and defence, green and digital transitions and economic growth in Europe, while safeguarding bank’s operational and financial position,” said Bulgarian Finance Minister Temenuzhka Petkova, who chaired the Board of Governors during the past 12 months. “I would like to express my appreciation to President Calviño, the institution and send my best wishes to the new chair, my dear colleague Zbyněk Stanjura.”

    The Board of Governors also welcomed Katja Pluto as new chair of the Audit Committee, succeeding Nuno Gracias Fernandes. In addition, the Audit Committee presented its annual report.

    Energy security, defence and global partnerships

    Before the Board of Governors, this week’s EIB and EIF Boards of Directors approved new operations totalling €12.8 billion to strengthen Europe’s defence capabilities, competitiveness, energy security and partnerships worldwide. This includes initiatives under the EIB Group Clean Industrial Deal package and support for the development in Lithuania of the Rūdninkai military base, for the German Bundeswehr brigade, a key project to enhance North Atlantic Treaty Organization (NATO) operations and regional security.

    The EIB Board approved three solar photovoltaic plants in Romania, water infrastructure in Ireland and the Netherlands, electricity grids in Germany and education facilities in Finland. In addition, the EIB is strengthening Europe’s global partnerships by backing renewable energy in Colombia, sustainable waterway transport in Nigeria and water sanitation services in Tanzania.

    The European Investment Fund (EIF) Board approved a guarantee transaction with the German national export credit agency to strengthen support for German companies exporting to Ukraine, as well as two guarantee transactions with Ukrainian banks to improve access to finance for more than 1,500 Ukrainian businesses. This follows the first signature in May with the Danish Export Credit Agency to provide a pan-European guarantee for companies exporting to Ukraine.

    In addition, the EIF approved investments in four infrastructure funds that will support greenfield data centres, wireless and fibre investments, decarbonization of the shipping sector, sustainable mobility, and student housing.

    Statements around the EIB Board of Governors will be available on EBS.

    Background information  

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. The EIB finances investments in eight core priorities that support EU policy objectives: climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and the bioeconomy, social infrastructure, the capital markets union and a stronger Europe in a more peaceful and prosperous world.   

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.     

    By fostering market integration and mobilising investment, the Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024 and mobilised €110 billion in growth capital for startups, scale-ups and European pioneers. Approximately half of the EIB’s financing within the EU targets cohesion regions, where per-capita income is below the EU average, while almost 60% of annual EIB Group investments supports climate action and environmental sustainability. 

    High-quality, up-to-date photos of the organisation’s headquarters for media use are available here.  

    MIL OSI Europe News –

    June 20, 2025
  • MIL-OSI Europe: Answer to a written question – Exclusion of forest products from the regulation on agricultural geographical indications – E-001835/2025(ASW)

    Source: European Parliament

    1. The recent review of the Geographical Indications (GI) scheme covering agricultural products, wines and spirit drinks, slightly amended the scope of application for agricultural products to take into account the international regulatory framework, namely the World Trade Organisation Agreement on Agriculture. The scope of Regulation (EU) 2024/1143 is defined in Article 5(1) of that regulation[1]. At present, the Commission does not envisage a revision of the recent Regulation (EU) 2024/1143. Forest/wood products are not covered by this scope, nor have they been part of it in the previously applicable Regulation (EU) 1151/2012. Therefore, forest products have not been reclassified nor excluded following the GI review process.

    2. Forest products are however, for the first time, eligible for protection at Union level under Regulation 2023/2411[2] regarding crafts and industrial GIs showing the importance the Union is giving to the preservation and recognition of products like Chartreuse and Jura wood. By 2 December 2026, Member States shall inform the Commission and the European Union Intellectual Property Office which of their legally national protected names they wish to register and protect as a GI pursuant to this regulation, providing a uniform level of protection across the Union. By that date, or by the date the decision on their protection as EU GI is taken, existing national specific protection shall cease to exist. The Commission is committed to enhancing the visibility and consumer awareness of the newly established scheme for crafts and industrial GIs to ensure they will enjoy strong market recognition as their agricultural counterparts.

    • [1] http://data.europa.eu/eli/reg/2024/1143/oj.
    • [2] http://data.europa.eu/eli/reg/2023/2411/oj.
    Last updated: 20 June 2025

    MIL OSI Europe News –

    June 20, 2025
  • MIL-OSI Europe: Answer to a written question – Extension of internal-border checks by the Netherlands’ Government – P-001856/2025(ASW)

    Source: European Parliament

    In its notification of 25 April 2025 on the prolongation of border control at internal borders the Dutch government has informed the Commission that it is minimising the impact of internal border controls on cross-border traffic as much as possible by conducting them in the form of risk-based spot checks.

    The Commission remains in close contact with the Dutch authorities to ensure that this remains the case. The Commission has not received signals to the contrary.

    As regards the assessment of the controls’ necessity and proportionality, the Commission will fulfil its obligations under the revised Schengen Borders Code[1] and assess the arguments put forward by the Netherlands in this regard.

    In line with the revised Schengen Borders Code, the Commission will now initiate a consultation process with the Member States given the recent notification of a prolongation of the Dutch internal border controls.

    Importantly, a reintroduction of internal border control does not affect the right to free movement of EU citizens as they continue to have the right to enter and exit another Member State freely upon presenting a valid identity card/passport and as long as they do not pose a threat to public policy, internal security or public health, as set out in Directive 2004/38/EC[2].

    • [1] Regulation (EU) 2016/399 of the European Parliament and of the Council of 9 March 2016 on a Union Code on the rules governing the movement of persons across borders (Schengen Borders Code), OJ L 77, 23.3.2016, p. 1-52, as recently amended by Regulation (EU) 2024/1717.
    • [2] Directive 2004/38/EC of the European Parliament and of the Council of 29 April 2004 on the right of citizens of the Union and their family members to move and reside freely within the territory of the Member States, OJ L 158, 30.4.2004, p. 77-123.
    Last updated: 20 June 2025

    MIL OSI Europe News –

    June 20, 2025
  • MIL-OSI Africa: African Energy Week (AEW) 2025 Upstream E&P Track to Foster Dialogue and Deals Amid African Exploration Surge

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

    Amid Africa’s ongoing exploration and production surge, this year’s African Energy Week (AEW): Invest in African Energies conference will host a dedicated Upstream E&P Track. The track – taking place as part of the main conference agenda from September 29 to October 3 – will tackle the most pressing challenges and opportunities across the upstream oil and gas sector, delving into topics such as deepwater development, onshore prospects, the role of independent firms and balancing African priorities with global supply dynamics. As the largest event of its kind on the continent, AEW: Invest in African Energies 2025 represents the platform of choice for Africa’s upstream sector.  

    Africa’s upstream oil and gas sector is on the precipice of significant growth, boosted by a $54 billion capital expenditure drive expected by 2030. Across the continent, both established oil and gas markets and frontier players are seeking capital to bolster production while unlocking new basins in deepwater and onshore basins. The continent’s exploration surge is further supported by growing demand in African markets as well as a rise in global gas imports. The AEW: Invest in African Energies 2025 Upstream E&P Track will explore these shifting dynamics, offering a platform for new exploration and production deals to be signed.  

    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event. 

    To entice greater spending across the upstream sector, many African countries are laying the foundation for new investments by both majors and independent energy companies. A string of licensing rounds is being launched in 2025, offering exploration opportunities across a variety of acreage. Licensing rounds are planned in Angola, the Republic of Congo, Tanzania, Mauritania and South Africa, while Libya, Nigeria, Algeria and Liberia have already launched their respective bid rounds. The Upstream E&P Track will explore the impact of these rounds. Sessions include What’s Next for African Upstream in 2026; Exploration Hotspots; and Basins Without Borders: Unlocking the Full Potential of Cross-Border Basins in the Transform Margin. Additionally, panel discussions will examine emerging prospects in frontier basins, with sessions taking place on Frontier Plays Within Africa’s Mature Basins; Offshore and Deepwater Plays; and Unlocking Africa’s Onshore and Shallow-Water Potential. 

    While global energy majors expand their portfolios in Africa, independent oil and gas firms are taking on a more prominent role in exploration and production. International oil company divestment has opened-up new pathways for African independents, and as such, more companies are taking the lead on asset development. AEW: Invest in African Energies will host panel discussions on The Making of an African Independent; Technology and Innovation: Rethinking Asset Development to Accelerate Upstream Success; as well as Crude Value Benchmarking with Ever-Changing Light, Heavy Balance, exploring opportunities for independents in Africa.  

    Meanwhile, with global gas demand projected to increase 10% between 2021 and 2030, African countries are strategically positioned to accelerate exploration and play a more central role in global supply chains. With over 620 trillion cubic feet of proven gas reserves on the continent – most of which remains under-developed – Africa has a unique opportunity to leverage its resources to produce low-carbon, cost-effective fuel. Panel discussions on Decarbonizing Pathways for African Oil and Gas; The Outlook for Global LNG; and The Role of African LNG in a Dynamic Export Market will address these opportunities, while a session on Beyond Exports: Developing Commercially Viable Domestic Gas Markets, will examine how the continent can leverage its resources for domestic growth.  

    The track will also feature panel discussions on strategic oil and gas markets in Africa, including Algeria, Equatorial Guinea, Angola, and more. These sessions are geared towards companies seeking growth opportunities in proven markets and are expected to unlock new deal-signing and partnerships prospects. Beyond panel discussions, the Upstream E&P Track will feature a series of fireside chats, with participating companies including Renaissance Africa Energy, Northern Ocean, Seplat Energy and more.  

    “Africa’s upstream oil and gas market is witnessing a surge of investment, as operators seek to expand their portfolios and governments target near-term production. Amid this growth, strategic financing gaps have emerged. The AEW: Invest in African Energies 2025 Upstream E&P Track seeks to address these challenges by bringing together major players from the market to engage and sign deals,” says Oré Onagbesan, AEW: Invest in African Energies Program Director. 

    – on behalf of African Energy Chamber.

    Media files

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    MIL OSI Africa –

    June 20, 2025
  • MIL-OSI: Gate Releases May 2025 Transparency Report: Brand Revamp Ignites Strategic Acceleration

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, June 20, 2025 (GLOBE NEWSWIRE) — Gate, a global leader in cryptocurrency trading, has released its May 2025 Transparency Report, revealing remarkable growth across key business indicators. Amid improving market sentiment and a maturing regulatory landscape, the platform recorded historic highs in trading volume and user activity, accelerated brand globalization efforts, advanced compliance achievements, and further expanded its Web3 ecosystem.

    Trading Volume and User Base Hit New Milestones
    In May 2025, Gate saw a substantial year-over-year increase in total trading volume, driven by strong performance in both spot and futures markets. Futures trading, in particular, has become a primary growth engine for trading activity. Gate now ranks second globally in 24-hour spot trading volume, reinforcing its position among the world’s leading exchanges.

    The platform’s user base surpassed 27 million registered users, reflecting continued global momentum and growing brand influence. Meanwhile, Gate Earn has seen explosive growth, now supporting nearly 1,000 digital assets with $2 billion in total assets under management. Its Dual Investment product now supports 60 tokens, and remains one of the most popular structured finance offerings on the market.

    This month, Gate was also honored with the “Best Crypto Exchange 2025” award by Entrepreneur Middle East, recognizing the platform’s excellence in user protection, operational stability, and regulatory compliance.

    Global Brand Revamp: New Domain Gate.com and New Logo Launched
    On May 19, Gate officially launched its new domain, Gate.com, alongside a redesigned logo, marking a bold step forward in its global rebranding strategy. This upgrade unifies visual identity across global operations and enhances international recognition and user trust. The rebrand coincides with Gate’s vision of becoming the “Next-Generation Crypto Exchange”, a platform at the intersection of global compliance, user-centric design, and Web3 innovation.

    The rebranding covers all Gate entities globally, including licensed operations in Japan, Dubai, and Europe, delivering a consistent and professional brand presence worldwide.

    Product Ecosystem Expansion Drives Growth in User Engagement and Assets
    In May, Gate’s continuous product innovation led to a significant boost in its platform ecosystem. The relaunch of Launchpad sparked market excitement, with the debut project Puffverse (PFVS) oversubscribed by more than 93,800%, attracting 35,000 participants and raising $656 million. Gate Alpha, focusing on meme asset trading, launched hundreds of projects in May, distributed over $1 million in airdrops, and generated billions in trading volume. Launchpool introduced nearly 20 new projects, distributed over $3 million in rewards, and peaked at over 1,000% annualized returns. HODLer Airdrop launched nearly 30 projects, attracted more than 170,000 participants, distributed over $800,000 in rewards, and saw over $38 million in total staking volume. CandyDrop launched nearly 20 airdrop campaigns, drawing over 500,000 participants with a prize pool close to 3 million USDT. The synchronized growth of these core product lines demonstrates Gate’s leading edge in product innovation and user attraction.

    Accelerating Asset Transparency and Compliance Leadership, Reserve Ratio Reaches 128.57%
    As of May 2025, Gate’s total reserve assets reached $10.865 billion, with an impressive reserve ratio of 128.57%, far exceeding the 100% industry benchmark. BTC, ETH, and USDT reserves all maintained surplus coverage, with BTC reserve ratio at 137.69%. These figures reflect Gate’s long-standing commitment to transparency and financial strength.

    On the compliance front, Gate Technology FZE, a part of Gate, has obtained a VASP License under the regulation and supervision of VARA in Dubai to provide exchange services and is permitted to serve institutional investors, qualified investors, and retail investors. This milestone marks another significant step forward in Gate’s global compliance strategy.

    Expanding Web3 Culture with Brand Campaigns and Global Events
    In May, Gate intensified its brand presence through multiple high-profile events. Gate 12th Anniversary Global Celebration concluded in Dubai, where CEO Dr. Han outlined the vision of Gate as the next-generation crypto exchange. SPORT3 DUBAI 2025 united Web3 and sports through cross-industry activities. Gate hosted global KOLs at Inter Milan’s home stadium and celebrated Bitcoin Pizza Day with custom pizza deliveries to users and partners. At the Formula 1 Monaco Grand Prix, Gate CBO Kevin Lee represented the brand in collaboration with Oracle Red Bull Racing. Gate’s NFT drop with Red Bull Racing exceeded 1 million mints, engaging over 200,000 participants. Yann Sommer, Serie A champion and Inter‘s goalkeeper, joined as a Gate Friend, symbolizing the platform’s commitment to asset security.

    Promoting Education, Research, and Social Responsibility, Demonstrating Platform Impact
    In May, Gate continued to make strides in educational outreach and social responsibility. Gate Learn released educational content and courses covering trending topics such as DeFi, RWA, and AI, helping users systematically enhance their understanding. Gate Research deepened its efforts in policy interpretation and market analysis, strengthening its expertise in critical areas like meme coins, public chains, and ETFs. During the same month, Gate Charity partnered with Forum Animal to launch a public welfare campaign in São Paulo, Brazil, calling for an end to animal testing and promoting global awareness around animal welfare and ethics, demonstrating the platform’s enduring commitment to sustainable values.

    A New Chapter Begins, Advancing Toward Industry Leadership
    May 2025 marks a pivotal chapter in Gate’s journey. With a newly unified brand identity, record-breaking business growth, and deeper integration across product, compliance, and community initiatives, Gate is accelerating its path toward becoming a truly global, next-generation crypto platform.

    As the company moves beyond its 12th anniversary milestone, Gate remains committed to innovation, compliance, and user empowerment, opening the gate to a more open, secure, and sustainable Web3 future.

    About Gate
    Gate, founded in 2013 by Dr. Han, is one of the world’s earliest cryptocurrency exchanges. The platform serves over 27 million users with 3,600+ digital assets and pioneered the industry’s first 100% proof-of-reserves. Beyond core trading services, Gate’s ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions, while its global partnerships extend to top-tier sports brands like Oracle Red Bull Racing in F1 and Inter.

    For more information, please visit: Website | X | Telegram | LinkedIn | Instagram | YouTube

    Media Contact:
    Loyo at loyo@gate.com

    Disclaimer:
    This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.com/user-agreement.

    Disclaimer: This content is provided by Gate. 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2094b08d-a56f-4b60-87ee-08786b74ed79

    The MIL Network –

    June 20, 2025
  • MIL-OSI Africa: South African Post Office’s (SAPO) Turnaround Strategy Raises More Questions Than Answers, Says Committee Chair

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

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    The Chairperson of the Select Committee on Economic Development and Trade, Ms Sonja Boshoff, has expressed concern regarding the work of the business rescue practitioners (BRPs) on the South African Post Office’s (SAPO) turnaround strategy.

    The BRPs presented the plan on Wednesday, stating that progress Is being made and that, in the long term, their vision is to transform the Post Office into an e-commerce hub and a multipurpose service centre.

    However, Ms Boshoff said troubling realities remain. Chief among these is the retrenchment of over 4 000 employees, with no clarity as to whether further retrenchments have been halted.

    “Service delivery at the Post Office has significantly deteriorated, and the entity continues to survive on state bailouts. Public confidence has been completely eroded, and the long-term sustainability of SAPO remains in serious jeopardy,” Ms Boshoff said.

    She further raised concern about the request to present substantial portions of the turnaround strategy in a closed session. “SAPO is a state-owned enterprise funded by public money. The use of in-camera briefings must remain the exception, not the rule. Such briefings should only be permitted in instances of legitimate commercial sensitivity – not as a tool to shield institutional failures from public scrutiny and parliamentary oversight.”

    The strategy, as presented, offers limited detail in terms of innovation and measurable outcomes. While it references digitisation, a revised branch footprint, and hybrid financing models, these aspects remain vague, lacking clear implementation timelines and funding clarity.

    Ms Boshoff said it is troubling that no investor has yet shown serious interest in supporting the turnaround of the Post Office. “Meanwhile, key questions remain unanswered:

    • How many of the retrenched employees have actually received support through the TERS fund?
    • What efforts have been made to engage the private sector in restoring core service functions?
    • On what basis is SAPO still classified as a “strategic national asset” while continuing to rely on repeated state bailouts?
    • How will the proposed hybrid funding model work in practice, and who will ultimately bear the financial risk?”

    “It is imperative that public institutions – particularly those under business rescue and funded by taxpayers – operate with transparency, accountability, and defined performance indicators. A turnaround plan cannot rely on slogans or structural tinkering. It must restore credibility, modernise operations and rebuild trust with the South African public who depend on these services.”

    Ms Boshoff emphasised that as the committee continues its oversight work, it will insist on greater clarity, stronger accountability and full transparency from all parties involved in the business rescue process.

    “The relevance of the Post Office in the broader communications and logistics sector is fast diminishing. This can only be reversed through genuine diversification of its service offering and complete modernisation of its operations,” she concluded.

    – on behalf of Republic of South Africa: The Parliament.

    MIL OSI Africa –

    June 20, 2025
  • MIL-OSI Africa: King Mswati III of Eswatini in Ghana for a State Visit next week

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

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    The Presidency has announced that President John Dramani Mahama will host His Majesty King Mswati III, Ingwenyama of the Kingdom of Eswatini, for a state visit to Ghana next week. The visit is scheduled for Tuesday, 24 June to Saturday, 28 June 2025, spanning four days of official engagements.

    King Mswati III is expected to arrive in Accra on Tuesday, 24th June. Upon his arrival, he will be welcomed at the Presidency for bilateral discussions with President Mahama and a high-level Ghanaian delegation. A Memorandum of Understanding (MoU) between the two countries is anticipated to be signed during this meeting.

    On Tuesday afternoon, the King is scheduled to meet with officials at the African Continental Free Trade Area (AfCFTA) Secretariat in Accra before departing for Kumasi later in the day.

    In Kumasi, His Majesty will be the distinguished guest of the Asantehene, Otumfuo Osei Tutu II. The itinerary in the Asante capital includes official visits to the Kumasi Metropolitan Assembly (KMA) and a tour of the historic Manhyia Palace Museum. King Mswati III is also scheduled to address the National House of Chiefs and attend a grand durbar of chiefs organised in his honour at Manhyia Palace.

    A Royal Banquet will be held in Kumasi on Friday evening. On Saturday, the final day of the visit, King Mswati III will join the Asantehene, Otumfuo Osei Tutu II, at a ceremony at the Kwame Nkrumah University of Science and Technology (KNUST) before departing from Ghana.

    King Mswati III’s visit is expected to significantly strengthen diplomatic and economic ties between Ghana and the Kingdom of Eswatini and deepen the historical and cultural links between the Asante Kingdom and the southern African nation.

    – on behalf of The Presidency, Republic of Ghana.

    MIL OSI Africa –

    June 20, 2025
  • MIL-OSI: Toobit Integrates TON for USDT Deposits and Withdrawals, Offering Faster and Cheaper Transactions

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, June 20, 2025 (GLOBE NEWSWIRE) — Toobit, an award-winning cryptocurrency exchange, today announces the integration of the TON (The Open Network) blockchain for Tether (USDT) deposits and withdrawals on its Spot platform. This upgrade offers traders a faster, more cost-efficient, and scalable option for managing USDT transactions.

    By adding TON support, Toobit is strategically tapping into one of the fastest-growing blockchain ecosystems, with over 153 million total created addresses as of 2025. The addition will also enhance the speed and affordability of USDT transfers, helping users optimize their trading and asset management strategies.

    “We are thrilled to bring the benefits of the TON network to our users,” said Mike Williams, Chief Communication Officer at Toobit. “We saw a clear demand for more network diversity and greater capital efficiency. Integrating TON is a direct response towards providing a reliable, high-speed, and extremely low-cost rail for USDT.”

    Key benefits for Toobit traders

    • Improved capital efficiency: Traders can now move USDT with network fees averaging just $0.01 to $0.02 per transaction. More capital can be used for trading, not for network costs.
    • Faster strategy execution: With transaction finality achieved in approximately five seconds, the integration allows for the near-instantaneous transfer of assets.
    • Expanded network choice: By adding TON, Toobit connects its users to a network that is rapidly expanding, now boasting over 9 million active wallets and a Total Value Locked (TVL) of more than $155 million in its DeFi ecosystem.

    To start using TON for USDT transfers, users can simply go to their USDT wallet on Toobit and select TON as their preferred network for deposits or withdrawals.

    The move comes in response to growing demand for more efficient blockchain networks. Known for its high throughput, multi-blockchain architecture, and minimal fees, TON can theoretically process millions of transactions per second, making it an ideal solution for active traders.

    About Toobit

    Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what’s next.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Davin C.
    Email: market@toobit.com
    Website: www.toobit.com

    Disclaimer: This content is provided by Toobit. 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7aa1c4db-9d83-4bed-9f73-4e9e3614a820

    The MIL Network –

    June 20, 2025
  • MIL-OSI: BW Energy: Update on Fixed Income Investor Meetings  

    Source: GlobeNewswire (MIL-OSI)

    Update on Fixed Income Investor Meetings  

    Reference is made to the stock exchange release dated 6 June 2025, regarding fixed income investor meetings. Following engagement with potential investors, BW Energy has decided to not proceed with the issue of a USD 300 million denominated senior unsecured bond. The indicative terms offered under the current market conditions were unfavourable compared to the other funding sources available to the Company. 

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

    About BW Energy:  

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

    This information is considered inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Regine Andersen, 20 June 2025.

    The MIL Network –

    June 20, 2025
  • MIL-OSI: BW Energy: Update on Fixed Income Investor Meetings  

    Source: GlobeNewswire (MIL-OSI)

    Update on Fixed Income Investor Meetings  

    Reference is made to the stock exchange release dated 6 June 2025, regarding fixed income investor meetings. Following engagement with potential investors, BW Energy has decided to not proceed with the issue of a USD 300 million denominated senior unsecured bond. The indicative terms offered under the current market conditions were unfavourable compared to the other funding sources available to the Company. 

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

    About BW Energy:  

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

    This information is considered inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Regine Andersen, 20 June 2025.

    The MIL Network –

    June 20, 2025
  • MIL-OSI Russia: Australia Suspends Operations at Embassy in Iran, Orders Staff to Leave Country

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    CANBERRA, June 20 (Xinhua) — The Australian government has suspended operations at its embassy in Iran and ordered its staff to leave the country amid an escalation of military conflict in the region.

    Australian Foreign Minister Penny Wong said on Friday that authorities had ordered the departure of all Australian embassy staff and their families from Iran and suspended the diplomatic mission in Tehran amid reports of deteriorating security conditions.

    She said Australia’s ambassador to Iran would remain in the region to support the government’s response to the crisis, while consular staff from the Department of Foreign Affairs and Trade would be deployed to Azerbaijan to assist Australians leaving Iran.

    “We urge Australians who can leave Iran to do so now if it is safe to do so. Those who cannot or do not want to leave are advised to shelter in place,” Ms Wong said.

    As of Friday, more than 2,000 Australian citizens had registered for assistance leaving Iran. –0–

    MIL OSI Russia News –

    June 20, 2025
  • MIL-OSI: Municipality Finance issues EUR 40 million zero coupon notes under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    20 June 2025 at 10:00 am (EEST)

    Municipality Finance issues EUR 40 million zero coupon notes under its MTN programme

    Municipality Finance Plc issues EUR 40 million zero coupon notes on 23 June 2025. The maturity date of the notes is 23 June 2065. MuniFin has a right, but no obligation, to redeem the notes early on 23 June 2040.

    The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 24 June 2025.

    Goldman Sachs Bank Europe SE acts as the dealer for the issue of the notes.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland.
    The Group’s balance sheet is over EUR 53 billion.

    MuniFin builds a better and more sustainable future with its customers. MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities under their control, and non-profit organisations nominated by the Housing Finance and Development Centre of Finland (ARA). Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: https://www.kuntarahoitus.fi/en/

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network –

    June 20, 2025
  • MIL-OSI: Prosafe SE: Operational update – May 2025

    Source: GlobeNewswire (MIL-OSI)

    20 June 2025 – Fleet utilisation for May 2025 was 60 per cent.   

    Safe Zephyrus, Safe Eurus and Safe Notos operated at full capacity in May, achieving 99 to 100 per cent commercial uptime.  

    As announced, Safe Notos has been awarded a four-year contract with Petrobras in Brazil commencing September 2026 in continuation of its existing contract.  

    Safe Caledonia commenced operations at the Captain Field in the UK on 02 June 2025.   

    Safe Boreas is currently being transported to Singapore ahead of her upcoming contract in Australia. 

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

    For further information, please contact:  

    Terje Askvig, CEO 

    Phone: +47 952 03 886 

    Reese McNeel, CFO 

    Phone: +47 415 08 186 

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

    The MIL Network –

    June 20, 2025
  • MIL-Evening Report: ‘I was in a semi-breaking-down sort of place’: new study sheds light on the emotional toll for emergency volunteers

    Source: The Conversation (Au and NZ) – By Natalie Roche, PhD Candidate, Centre for Ergonomics and Human Factors, La Trobe University

    Sergey Dolgikh/Getty Images

    In Australia, there are around 235,000 emergency service volunteers who help communities respond and recover after natural disasters and other traumatic events.

    These include volunteers with metropolitan and rural fire services and other rescue organisations.

    As natural disasters grow more frequent and severe with climate change we rely on these volunteers now more than ever. Yet volunteer numbers are shrinking.

    Our new research reveals an important but often hidden toll from natural disasters – the mental health of emergency service volunteers, who risk physical and emotional burnout.

    In our study, we interviewed 32 Victorian State Emergency Service (SES) and Country Fire Authority (CFA) volunteers. They told us they’re often not getting adequate support.

    Exposure to death

    Death is something commonly hidden behind clinical curtains. But for emergency service volunteers, exposure to dying and death is just part of the job. Death on jobs arrives unpredictably – on roads, in burned homes, after storms, floods and suicides.

    Given their work often takes place in the local community, victims are frequently known to the volunteer, which can further complicate grief. As one participant told us:

    You’re bound to come across someone you know, or someone you love at some point […] in a bad situation.

    Another recounted a colleague’s experience:

    It wasn’t until the next day that she found out that she actually knew the deceased person, but didn’t recognise them.

    Volunteers described often being first on scene to assist but not fully prepared for what they find. They recounted experiences including retrieving children who had drowned, watching people dying on the roadside, and finding burnt and maimed human remains.

    These encounters provoke intense emotional responses, from shock and sadness to feeling powerless and vulnerable. For many, feelings of helplessness and grief reverberate into everyday life. As one volunteer told us:

    I was in a semi-breaking-down sort of place […] having flashbacks […] struggling to hold emotions and do my day job.

    A lack of formal support

    We identified over-reliance on informal team support and individual resilience to cope with difficult emotions.

    Structured debriefs depended on leadership and team dynamics. Leaders with “tough it out” mindsets unintentionally perpetuated stigma around seeking help. One participant explained:

    People generally will just sit there and not talk about how they feel […] They’re feeling ashamed or embarrassed.

    The mindset of some teams seems to be that those who can’t manage the demands of the job should leave. One volunteer said:

    It’s mostly very hard and tough. But if you’re going to survive in the game, you gotta be hard.

    Support programs exist, but often focus on major disasters rather than the more everyday jobs. Referral depends on leaders flagging those seen as at-risk or individual volunteers asking for support. One participant explained:

    We do a debrief with peer support, but some people put on a brave face […] There needs to be more follow up.

    What’s more, support is sometimes difficult to access. One participant, a team leader, explained what happened when a volunteer in their team wasn’t coping:

    I called the mechanisms that [we] were told that we need to access. I’ve got somebody here that’s suicidal, nobody escalated it. I still hadn’t heard back six hours later.

    Importantly, our findings also highlighted that a one-size-fits-all approach doesn’t work. For some, peer support is a lifeline for processing experiences and building resilience, but not for others.

    Five women killed. And the peer support was all over us. You know, we got to the stage where it was ridiculous. We’ve had enough, we don’t want this. It re-traumatises people who want to move on.

    Support for emergency service volunteers isn’t one-size-fits-all.
    Ground Picture/Shutterstock

    Protecting those who protect us

    Talking to emergency service volunteers from only two organisations in one jurisdiction may limit the extent to which we can generalise our findings to other regions, countries or cultures.

    However, Victoria does have the second largest number of emergency service volunteers in Australia (behind New South Wales).

    Emergency service volunteers are extremely proud and passionate about serving their community and show up with care, calm and strength. But our findings show this comes at a personal cost, especially without the right supports.

    Volunteer exposure to death and dying must be recognised as a serious occupational health and safety issue, not just an emotional side effect of the job. We need proactive, not reactive reform if we want to recruit, retain and protect the people we count on in a crisis.

    Legislators and organisations should work collaboratively with emergency service volunteers to develop and implement responsive and consistent support services, culture and leadership.

    Without targeted, systemic and consistent support, we risk the future of our community-based emergency response. It’s time to protect those who protect us.


    If this article has raised issues for you, or if you’re concerned about someone you know, call Lifeline on 13 11 14 or Beyond Blue on 1300 22 4636.

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

    – ref. ‘I was in a semi-breaking-down sort of place’: new study sheds light on the emotional toll for emergency volunteers – https://theconversation.com/i-was-in-a-semi-breaking-down-sort-of-place-new-study-sheds-light-on-the-emotional-toll-for-emergency-volunteers-259145

    MIL OSI Analysis – EveningReport.nz –

    June 20, 2025
  • DGFT imposes new restrictions on imports of precious metal alloys and compounds

    Source: Government of India

    Source: Government of India (4)

    The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, has issued two new notifications aimed at regulating the import of certain precious metal alloys and chemical compounds.

    As per the notification issued on 17 June, the government has restricted the import of alloys of palladium, rhodium and iridium containing more than 1 % gold by weight. This expands the earlier restriction on platinum imports (issued on 5 March 2025) to cover the entire Customs Tariff Heading (CTH) 7110 at the 4-digit level, ensuring a uniform import policy across precious metals and their alloys.

    However, the import of alloys containing less than 1 % gold remains unrestricted, thereby safeguarding the interests of key industrial sectors such as electronics, automotive components, and specialised chemical manufacturing. This calibrated policy aims to strike a balance between trade facilitation and regulatory oversight.

    In a related move, DGFT has also issued another notification restricting the import of colloidal metals and certain compounds under CTH 2843. The restriction is intended to curb the misuse of chemical imports for bringing gold into the country in disguised forms.
    To support genuine industrial needs, imports under CTH 2843 will be permitted against an import authorisation, specifically for sectors such as electronics, electrical, and chemical manufacturing.

    Detailed notifications are available on the DGFT website at https://dgft.gov.in.

    June 20, 2025
  • MIL-OSI United Kingdom: Call for sponsorship in relation to Fashion and Luxury Trade Mission to Japan

    Source: United Kingdom – Government Statements

    World news story

    Call for sponsorship in relation to Fashion and Luxury Trade Mission to Japan

    The British Embassy in Tokyo is calling for sponsors to support an exclusive showcase and reception, welcoming UK delegates from the Fashion and Luxury sector.

    The British Embassy in Tokyo is delighted to present an opportunity for partners and sponsors to support an exclusive showcase and reception, welcoming UK delegates from the Fashion and Luxury sector.

    This exclusive event will also host key figures from Japan’s Fashion and Luxury industries, creating a valuable platform for networking and collaboration. The shared objective is to strengthen commercial ties and boost UK exports to the Japanese market.

    UK brands will be showcased in the elegant setting of the historic Ambassador’s Residence, these invitation-only events will bring together an elite audience of Japanese fashion buyers, luxury media, stylists, cultural tastemakers and business leaders for a showcase of modern British excellence.

    Companies interested in partnering or sponsoring this exciting initiative at the British Embassy Tokyo are invited to express their interest by contacting the Embassy no later than July 27th 2025.

    This event is being delivered as part of the UK at EXPO program and so some restrictions may apply.

    For partnership and sponsorship enquiries, please contact:  jennifer.fleming@businessandtrade.gov.uk for the attention of Jennifer Fleming

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    Published 20 June 2025

    MIL OSI United Kingdom –

    June 20, 2025
  • MIL-OSI: Mandatory notice of shareholding 19 June 2025

    Source: GlobeNewswire (MIL-OSI)

    IDEX Biometrics ASA (“IDEX”) discloses the following on behalf of a shareholder.

    Reference is made to the stock exchange notice from IDEX Biometrics ASA on 15 June 2025 regarding the share issue to personnel. The subscription and allocation have been completed on 19 June 2025.

    Sundt AS holds 230,491,498 shares in IDEX. This is unchanged from the previous notice on 14 April 2025. Following registration of the share capital increase for the personnel placement, the ownership will represent 4.87 % of the shares and voting rights in IDEX.

    About this notice:

    This notice was issued by Kristian Flaten, CFO, on 20 June 2025 at 04:15 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to section 4-2 of the Norwegian Securities Trading Act (STA) and published in accordance with section 5-12 of the STA.

    The MIL Network –

    June 20, 2025
  • MIL-OSI: Mandatory notice of shareholding 19 June 2025 – II

    Source: GlobeNewswire (MIL-OSI)

    IDEX Biometrics ASA (“IDEX”) discloses the following on behalf of a shareholder.

    Reference is made to the stock exchange notice from IDEX Biometrics ASA on 15 June 2025 regarding the share issue to personnel, and the notice regarding mandatory notification of trades on 20 June 2025. The subscription and allocation have been completed on 19 June 2025.

    Anders Storbråten, including associated company Pinchcliffe AS, will hold 975,635,000 shares in IDEX. Following registration of the share capital increase for the personnel placement, the ownership will represent 20.62 % of the shares and voting rights in IDEX.

    About this notice:

    This notice was issued by Kristian Flaten, CFO, on 20 June 2025 at 04:22 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to section 4-2 of the Norwegian Securities Trading Act (STA) and published in accordance with section 5-12 of the STA.

    The MIL Network –

    June 20, 2025
  • MIL-OSI: IDEX Biometrics ASA: Mandatory notification of trades – 19 June 2025

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to the stock exchange notice from IDEX Biometrics ASA on 15 June 2025 regarding the share issue to personnel. The subscription and allocation have been completed on 19 June 2025.

    IDEX Biometrics ASA informs of primary insider transactions as listed in the attached notifications.

    For further information contact:

    Kristian Flaten, CFO, Tel: +47 95092322

    E-mail: ir@idexbiometrics.com

    About this notice:

    This notice was issued by Kristian Flaten, CFO, on 20 June 2025 at 04:00 CET on behalf of IDEX Biometrics ASA. This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act.

    Attachments

    The MIL Network –

    June 20, 2025
  • MIL-OSI China: Global FDI fell by 11% amid uncertainty: UNCTAD

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

    Global foreign direct investment (FDI) fell by 11 percent to 1.5 trillion U.S. dollars in 2024, marking the second consecutive year of decline, the United Nations Conference on Trade and Development (UNCTAD) said on Thursday.

    Geopolitical tensions, trade fragmentation, and intensifying industrial policy competition, combined with elevated financial risk and uncertainty, are reshaping global investment, the UNCTAD said in its World Investment Report 2025.

    The decline was driven largely by a 22 percent drop in FDI to developed economies, including a 58 percent plunge in Europe, the report said.

    In developing countries, capital inflows appeared broadly stable with regional divergence. However, in many economies, capital is “stagnating or bypassing” key sectors like infrastructure, energy, technology, and job-creating industries, it highlighted.

    “Too many economies are being left behind not for lack of potential — but because the system still sends capital where it’s easiest, not where it’s needed,” said UNCTAD Secretary-General Rebeca Grynspan.

    Digital economy investment is the only growth sector, which saw a 14 percent rise in FDI led by Information and Communication technology (ICT) manufacturing, digital services, and semiconductors, the report said.

    The report noted steep investment drops in sectors critical to achieving the Sustainable Development Goals (SDG), including renewable energy, transport, and water and sanitation, all with declines by over 30 percent.

    Current levels of investment fall far short of global needs, it warned. Closing the SDG financing gap would require an estimated 4 trillion U.S. dollars per year in developing countries, it added.

    The report also noted that the escalation of global trade tensions driven by the U.S. “reciprocal tariff” measures, as well as evolving trade negotiations and heightened economic policy uncertainty, have significantly impacted international investment.

    Firms are recalibrating cross-border investment strategies, seeking to navigate a more complex and uncertain operating environment, it said.

    The report urged increased, long-term and inclusive capital that is aligned with sustainable development, especially in the digital economy sector, to help close the global divide.

    The UNCTAD put forward seven priority areas covering data and AI governance, digital investment policy and rules, digital infrastructure, among others, to help developing economies secure transformative FDI in digital industries. 

    MIL OSI China News –

    June 20, 2025
  • MIL-OSI China: China-Türkiye businesses eye closer cooperation in beauty sector

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

    Around 60 Turkish firms and 20 Chinese companies gathered on Thursday in Istanbul for a business matchmaking event aimed at boosting bilateral cooperation in the beauty industry.

    The event, organized by China’s Ministry of Commerce, focused on facilitating discussions between buyers and suppliers across diverse categories such as beauty, skincare, haircare, and packaging.

    Min Yan, a representative of Guangzhou Qiaojiang Packaging Co., Ltd., said that through the event, she discovered strong potential for Chinese products in the regional market and expressed her intention to return to Türkiye in the future to further explore the market.

    Trade in beauty and hair care products between China and Türkiye has seen strong growth in recent years.

    According to China’s Ministry of Commerce, bilateral trade in hairdressing appliances neared 58.96 million U.S. dollars in 2024, representing a year-on-year increase of 34.8 percent. Trade in cosmetics, beauty products, and personal care items totaled 46.78 million dollars, up 17.6 percent from the previous year. 

    MIL OSI China News –

    June 20, 2025
  • MIL-OSI Australia: Simon Birmingham appointed as ABA CEO

    Source: Premier of Victoria

    Former Federal Finance Minister and Senate Leader, The Hon. Simon Birmingham, will join the Australian Banking Association as Chief Executive Officer.

    ABA Chair and National Australia Bank CEO Andrew Irvine today announced Mr Birmingham’s appointment, replacing retiring CEO, The Hon. Anna Bligh AC.

    “We are delighted to have Simon lead our industry and help ensure Australian banks continue making the right decisions for customers and the broader economy,” Mr Irvine said.

    “He is a recognised leader who has had deep involvement in significant and long-lasting policy decisions and actions throughout his career that have helped to shape our country.

    “Simon’s ability to navigate difficult and complex environments, bringing together varied interests and perspectives, makes him ideal for this role. He will be a sensible, consistent and respected voice on behalf of the industry.”

    Mr Birmingham served in the Australian Parliament as a Liberal Senator for South Australia from 2007 to 2025. His roles included Minister for Finance, Leader of the Government in the Senate, Minister for Trade, Tourism and Investment, Minister for Education and Training and Manager of Government Business in the Senate. He was Shadow Minister for Foreign Affairs from 2022 until his retirement from the Senate.

    Prior to politics, he worked with the Winemakers’ Federation of Australia and the Australian Hotels Association. He is currently ANZ’s Head of Asia Pacific Engagement and Chairman, South Australia. He holds a Master of Business Administration from the University of Adelaide.

    “I thank the ABA board for their vote of confidence in my ability to lead this industry. As the ABA CEO I will always put trust in Australia’s banking system first, pursue a competitive regulatory environment, and work to ensure innovation in banking strengthens Australia’s financial interests. I also want to acknowledge ANZ for their support and encouragement through this process,” Mr Birmingham said.

    “Banks are central to our economy, essential to businesses of all sizes and entrusted by Australians with their personal financial wellbeing. From trade and capital flows from large and international banks, to the choice offered by smaller banks, regional banks and customer-owned organisations, a strong, healthy, customer-focused financial services sector is vital for all Australians.”

    Mr Birmingham will start on 18 August. Ms Bligh, who announced in February that she would retire after eight years as ABA CEO, will finish on 22 August.

    “Anna has had a remarkable and lasting impact on this industry and how we look after our customers,” Mr Irvine said. We are enormously grateful for her time advocating for customers, particularly the disadvantaged, across financial services.”

    For more information, visit the ABA’s website here.

    Contact:  Mark Alexander, National Australia Bank (as ABA Chair bank), 0412 171 447

    Topics

    SEE ALL TOPICS

    Media Enquiries

    For all media enquiries, please contact the NAB Media Line on 03 7035 5015

    MIL OSI News –

    June 20, 2025
  • MIL-OSI Submissions: WHO – Global Leaders Unite to Accelerate Cervical Cancer Elimination Efforts

    Source: World Health Organization (WHO)

    New commitments at Bali Forum drive momentum to save hundreds of thousands of girls and women from cancer

    BALI, Indonesia, 19 June 2025 – Governments, donors, multilateral institutions, the private sector, and partners today announced significant policy, programmatic, and financial commitments to eliminate one of the most preventable cancers.

    At the 2nd Global Cervical Cancer Elimination Forum, hosted in Bali, Indonesia, on 17-19 June, leaders announced a wave of new investments and policy pledges to expand access to HPV vaccination, screening, and treatment – bringing the world closer to making cervical cancer the first cancer to ever be eliminated.  

    The Forum is attended by more than 300 participants, among them are high-level delegates, such as Ministers of Health from Fiji, Indonesia, Kiribati, Papua New Guinea, Rwanda, Timor-Leste, and Vanuatu, as well as Vice Ministers from Costa Rica, Paraguay, and South Africa, demonstrating strong political commitment from countries across regions.

    The Global Strategy for the elimination of cervical cancer sets clear targets for 2030: 90% of girls fully vaccinated with the HPV vaccine by age 15; 70% of women screened with a high-performance test by age 35 and again at 45; and 90% of women identified with cervical disease receiving appropriate treatment. Progress across all three pillars is essential to achieve and sustain elimination.

    “In 2018, WHO issued a global call for action to eliminate cervical cancer on the world to act, and the commitments made here in Indonesia show that call is being answered,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “But we must go further and faster. Every girl who remains unvaccinated and every woman who lacks access to screening or treatment is a reminder that equity must be at the heart of our elimination strategy. Together, we can consign cervical cancer to the history books.”

    Despite being preventable, cervical cancer still claims the life of a woman every two minutes – 94% of them in low- and middle-income countries (LMICs). Less than five per cent of women in many LMICs receive cervical cancer screening due to health system limitations, cost barriers and logistical challenges.  

    Vaccination against human papillomavirus (HPV) – the leading cause of cervical cancer – can prevent the vast majority of cases, averting 17.4 deaths for every 1000 girls vaccinated. Combined with screening and treatment—including for precancerous lesions and invasive cancer— it provides a path to elimination. However, as of 2024 only 46 per cent of low-income countries have introduced HPV vaccination nationally, compared to 98 per cent of high-income nations.

    The Bali forum builds on momentum from Cartagena, Colombia, where nearly US$ 600 million was committed last year to scale up efforts. 194 countries have adopted WHO’s global strategy to eliminate cervical cancer and 75 countries globally

    have adopted the single-dose HPV vaccine, which expands access to the vaccine to even more girls and saves costs. Vaccination coverage is also improving: in Africa, first dose coverage rose from 28% in 2022 to 40% in 2023 – making it the region with the second-highest rate globally and empowering millions of girls to protect their health and realize their potential. There is increased vaccine supply thanks to market shaping efforts by Gavi, the Vaccine Alliance and updated recommendations are helping to make cervical cancer screening and treatment more affordable.

    The Ministry of Health of the Republic of Indonesia continues to accelerate the national HPV vaccination program to reduce mortality rates from cervical cancer. Minister of Health Budi Gunadi Sadikin emphasized the urgency of this initiative, as cervical cancer remains one of the leading causes of death among women in Indonesia.

    To address this issue, the Ministry of Health is not only expanding free HPV vaccination coverage for school-age girls but also strengthening early detection programs for cervical cancer through DNA HPV test and co-testing with IVA (Visual Inspection with Acetic Acid) at health-care facilities. Additionally, the ministry is collaborating with various stakeholders, including local governments and community organizations, to enhance public education and awareness about the importance of early prevention.

    “We cannot rely solely on treatment. Prevention is far more important. Therefore, in addition to HPV vaccination, we strongly encourage regular screening so that cancer can be detected at an early stage before it progresses,” said Minister of Health Budi Gunadi Sadikin.

    Early detection significantly increases the chances of recovery and reduces treatment cost. For this reason, combining screening and vaccination is essential for effectively preventing and tackling cervical cancer.

    Alongside gains in vaccination, countries are also reporting progress in expanding access to cervical cancer screening and treatment, aligned with WHO recommendations. Innovations such as self-sampling are improving reach and feasibility, especially in low-resource settings. Many countries are scaling up national screening programmes and investing in treatment services to ensure that women who test positive receive timely and appropriate care.

    This growing global push, driven by renewed commitments from governments and partners at the Forum shows that it is possible to reverse the tide and prevent annual deaths from rising to over 410 000 by 2030, as currently estimated.

    To sustain and accelerate this momentum, donors committed to a future free from cervical cancer are strongly urged to fully fund Gavi, which aims to vaccinate an additional 120 million girls between 2026-2030, saving 1.5 million lives.

    “At its heart, this movement is about justice. It’s about ensuring that every girl and every woman, regardless of where she lives or what she earns, has access to basic, lifesaving care,” said Dr Saia Ma’u Piukala, WHO Regional Director for the Western Pacific. “As we build these services, we are not just preventing cancer, we are strengthening the bond between women and the health system. We are breaking down barriers. We are dismantling stigma. We are advancing the broader agenda for women’s health. Let us act now—so that every woman, everywhere, can live a healthy, dignified life.”

    Continued support is also essential for the coordinated efforts of governments, and global partners across the full elimination strategy to help bring us closer to a world where no girl or woman dies from a disease that there is the power to eliminate. Further, the forum calls countries to set ambitious national targets, align with global commitments, and strengthen collective action toward a cervical cancer-free world by 2030 through the Bali Declaration to Reaffirm Commitment to Cervical Cancer Elimination.

    Notes:

    Country commitments made at the forum include:

    Government of Indonesia

    Indonesia stands unwavering in its mission to eliminate cervical cancer by 2030, ensuring that every woman, regardless of socioeconomic status, can live free from its threat. With an ambitious national 90-75-90 target, Indonesia is scaling up its efforts and setting a precedent for bold, decisive action.

    Recognizing that elimination requires sustained commitment, Indonesia is mobilizing all sectors through evidence-based programming, strong local leadership, and dynamic multi-stakeholder collaboration. We are prioritizing substantial investments in the health system and fortifying the key pillars of progress—governance, financial sustainability, and social outreach—to drive real change.

    With the National Cervical Cancer Elimination Plan 2023–2030 launch, Indonesia has solidified a comprehensive partnership ecosystem spanning ministries, local governments, civil society, communities, and international development partners. Significant strides have been made across the three elimination pillars: vaccination, screening, and treatment. To accelerate our impact, Indonesia is advancing the following commitments:

    1. HPV Vaccination – Reaching Every Girl, Every Woman

    By the end of 2025, Indonesia will transition to a single-dose HPV vaccination schedule, deploying both school-based and community-based platforms to ensure 90% coverage of HPV vaccination among girls and women in all target groups by 2030.

    2. Cervical Cancer Screening – Scaling Up and Innovating

    Indonesia is dramatically expanding its screening efforts to reach 75% of women aged 30–69 by 2030, using high-performance HPV DNA testing—a globally recognized best practice. Nationwide pilots are already underway, with full-scale adoption targeted by the end of 2025.

    3. Treatment and Care – Strengthening Access and Innovation

    Indonesia is fortifying its health system by closing diagnostic and treatment services gaps. Key advancements include accelerated procurement of essential diagnostic tools and treatment equipment and expanded access to chemotherapy, immunohistochemistry testing, and cryotherapy across all regions. Additionally, we are upskilling our healthcare workforce to ensure expertise in the latest treatment techniques.

    As we move forward, Indonesia is embedding cervical cancer elimination within its broader National Cancer Control Plan 2025–2034, driving continuous monitoring, research, and evidence-based policy refinement to guarantee universal access to preventive and curative services.

    Indonesia is fully committed to accelerating progress, ensuring that every woman across the country has access to the services needed for cervical cancer prevention, early detection, and treatment. At this pivotal global forum, Indonesia with the participants of the forum urge countries to set ambitious national targets, align with global commitments, and strengthen collective action toward a cervical cancer-free world by 2030 through the adoption of Bali Declaration to Reaffirm Commitment to Cervical Cancer Elimination.

     

    Other Government commitments

    Government of Pakistan

    The Ministry of National Health Services, Regulations & Coordination reaffirms Pakistan’s unwavering commitment to cervical cancer elimination, aligning with the WHO’s 2030 targets. With over 5,000 new cases and 3,000 deaths annually, cervical cancer is a public health challenge in Pakistan. We are prioritizing a comprehensive strategy focusing on HPV vaccination for adolescent girls starting in 2025, alongside strengthening screening programs and ensuring timely treatment access.

    Our goal is to achieve a future where no woman in Pakistan loses her life to this preventable disease.

    Government of Papua New Guinea

    Papua New Guinea has committed to eliminate cervical cancer from the country. Integrated cervical cancer screening and treatment has been scaled up and the country plans to introduce HPV vaccine nationally in 2026.

    Government of Samoa

    Samoa has made major strides:

    Over 80% HPV vaccination coverage among girls aged 10–18, supported by ADB and UNICEF.
    Our first Cervical Cancer Elimination Strategy was developed in 2023 with UNFPA support.
    The National Cancer Policy and Action Plan (2024–2029) was approved by our government last December and was funded with Australian assistance.

     

    Our approach integrates screening into primary care, uses mobile outreach, and embeds community engagement through the Fa’asamoa and “Healthy Islands” principles.

    We recognise the challenges—limited resources and workforce—but we remain committed to combining prevention, screening, and partnerships to achieve our goals.

    This program is about equity, hope, and action. Every woman in Samoa deserves access to life-saving care. As a Pacific nation and proud Commonwealth member, we are determined to lead by example.

    Together, we will eliminate cervical cancer and save lives.
    Thank you for the assistance from our Development Partners and the Global Community.

    Co-host commitments

    Gates Foundation

    The Gates Foundation is committed to protecting the next generation of women from cervical cancer by increasing equitable, sustainable access to HPV vaccines in low- and middle-income countries and we are proud to support Gavi, the Vaccine Alliance, and countries in the ongoing work to accelerate the introduction and scale-up of HPV vaccines.

    We continue in our commitment that supports research on new prophylactic HPV vaccines, further studies investigating the durability of protection of single-dose vaccination, and tools to help countries better understand how vaccines might be used beyond current target populations. And we remain dedicated to our partnerships with governments, non-governmental organizations, multilateral organizations, and the private sector. Working together, we can eliminate cervical cancer.  

    Gavi, the Vaccine Alliance

    Gavi reaffirms its commitment to the Cervical Cancer Elimination Initiative by supporting lower- and middle-income countries to introduce, finance and scale up coverage of HPV vaccines to drive equitable and sustainable access.

     In partnership with countries and Alliance partners, Gavi is on track to reach its ambitious goal of protecting 86 million girls with the lifesaving HPV vaccine by the end of 2025. To date, we have supported 45 countries to introduce the HPV vaccine to their routine systems. This effort is expected to prevent more than 1.4 million future deaths from cervical cancer and represents a major step forward in advancing health equity.

    In Gavi’s next strategic period 2026–2030, Gavi aims to intensify its efforts by reaching over 120 million additional girls with the HPV vaccine- an initiative that could save 1.5 million more lives. Achieving this goal will depend on a fully funded Gavi for the next strategic period. Gavi’s investment in HPV vaccination programmes provides a strong foundation for elimination initiatives across the pillars of WHO’s Global Strategy for Cervical Cancer Elimination.

    Investing in the health of women and girls is essential to unlocking their full potential and building a healthier, more equitable future for all.

    UNICEF

    At the 2024 Forum, UNICEF announced an investment of USD 10 million towards the HPV vaccine programme (the HPV Plus initiative). Through the HPV Plus initiative and other investments and partnerships, UNICEF supported the vaccination of over 20 million girls across the 21 HPV Plus implementing countries. Importantly, UNICEF forged strong multi-sectoral engagements and partnerships, working directly with over 250,000 stakeholders in the 21 countries to ensure access for key integrated adolescent health services including nutrition, sexual and reproductive health, HIV/AIDs, menstrual hygiene management, and related services to over 490,000 girls – in addition to receiving the HPV vaccine.  

     

    In UNICEF’s next strategic plan for 2026-2029 we commit to supporting vaccination of 100 million girls with the HPV vaccine. UNICEF will continue to leverage its programmatic and multi-sectoral footprint to advance effective initiatives including integrated HPV vaccination and adolescent health services and strengthening effective delivery platforms including school-based vaccination.  We will also continue to generate and share evidence to help build stronger immunization and health programmes that advance the wellbeing of adolescent girls.

     

    UNICEF will also leverage its Maternal, Newborn, and Child Health (MNCH) program alongside its cervical cancer diagnostic toolkit to shape markets and to create linkages for the screening and treatment pillars of the cervical cancer elimination strategy. Through key programmatic touchpoints, we will raise awareness among country stakeholders and partners about effective screening and treatment options, while providing technical support where feasible.

    Unitaid

    Unitaid has been a leading investor in the secondary prevention of cervical cancer for over six years and ever since the WHO launched the call to action in 2018. This long-standing engagement reflects Unitaid’s dedication to closing the prevention gap for millions of women worldwide who are not eligible for or able to access the HPV vaccination.

    Building on this foundation, Unitaid will invest an additional US$50 million over the next two years to accelerate access to screening and pre-cancer treatment, resulting in a cumulative commitment now reaching US$130 million. This includes an immediate US$18 million investment to directly support 18 countries across Africa, Asia-Pacific, Latin America, and the Caribbean in establishing and scaling national programs. These efforts will prioritize the rapid uptake of HPV testing and pre-cancer treatment devices, decentralized screening models to reach underserved populations, and the integration of services into health systems in ways that are both sustainable and cost-effective.

    In addition to country-level support, Unitaid will strengthen regional mechanisms that benefit a broader set of countries. This includes expanding supply options to improve access to affordable commodities and fostering South-South learning structures that promote local innovation and experience sharing. Through these efforts, Unitaid aims to help countries accelerate progress toward their national cervical cancer elimination goals and contribute meaningfully to the global 90-70-90 targets.

    Civil Society Organisations

    African Cervical Health Alliance (ACHA)

    As a network of grassroots civil society organisations, activists and allies committed to advancing the health and wellbeing of African women, thus safeguarding the fabric of our communities, and nations, the African Cervical Health Alliance (ACHA) remains committed to using our knowledge of the community, our collective voices, experiences, and skills as cervical cancer survivors, caregivers and allies, in our advocacy with and for our women and girls, in the achievement of the WHO 90/70/90 targets by 2030.

    ACHA will continue scaling up the use of our evidence based, customisable IEC materials to reach at least 150,000 adolescent girls, women, parents, and community leaders across underserved communities with culturally appropriate and age-specific messages about HPV, the importance of HPV vaccination for all eligible girls, routine cervical cancer screening and access to treatment.

    We will also continue to advocate for increased HPV vaccine uptake by integrating cervical health messages into at least 100 advocacy and community engagement activities annually with key populations, including but not limited to school health programs, youth forums, and faith-based initiatives.

    We are also committed to supporting government-led efforts in our respective member countries, through technical input, stakeholder engagement, and community mobilization to adopt WHO’s recommendation for single-dose HPV vaccine schedule for our girls, and to expand access to high performance screening tests for all women, especially in rural and hard-to-reach areas.

    We stand firm in our commitment to building the advocacy capacity of grassroots champions and cancer survivors, by training at least 200 advocates by June 2026 to lead awareness campaigns, reduce stigma, and foster demand for cervical cancer prevention services.

    Our commitments remain resolute, in accelerating the elimination of cervical cancer as a public health problem across Africa, with a focus on underserved populations, and advocating for the integration of preventive services at all levels of implementation. We therefore pledge to use our unified voice, networks, and tools to catalyse political will, drive accountability, and ensure no woman or girl is left behind in the journey to a cervical cancer free Africa.

    Association for Mothers and Newborns (AMAN)

    The Association for Mothers and Newborns (AMAN) reaffirms its commitment to cervical cancer elimination, in alignment with the WHO’s 90-70-90 targets and as a national health priority of Pakistan.

    As a community-rooted professional organization, AMAN recognizes that demand generation, social mobilisation, and evidence-based advocacy are essential pillars to increase the uptake of HPV vaccination and cervical cancer screening services, particularly in underserved and marginalized communities. AMAN also provides professional training in Screening methods (Cytology, VIA), and treatment with Colposcopy, LLETZ and Surgical management.

    Through its GAVI-funded advocacy project in Sindh province (2025–26), AMAN is addressing vaccine hesitancy, countering misconceptions, and mobilizing families, community leaders, teachers, and caregivers to support HPV vaccination for adolescent girls. The initiative aims to reach over 400,000 adolescent girls, parents, and teachers via community awareness sessions, health camps, and digital outreach. It has also successfully engaged local influencers, health workers, and peer educators as advocates for cervical cancer prevention and health equity.

    AMAN pledges to collaborate with public health authorities, civil society, and global partners to amplify local voices, remove barriers, and accelerate Pakistan’s progress toward the global goal of eliminating cervical cancer as a public health problem. Together, with a multipronged approach, we can end cervical cancer.

    Cancer Awareness, Prevention and Early Detection Trust (CAPED)

    As a founding member of the Cervical Cancer Elimination Consortium – India (CCEC-I), CAPED commits to being the community engagement partner and extending outreach through its 48 partner organizations and their extended networks to support the rollout of HPV vaccination and a national cervical cancer screening program.

    By June 2026, we will coordinate efforts to:
    • Develop a national preparedness map and readiness report using real-time grassroots data, reflecting local realities on awareness, access, and health system readiness.
    • Collect and document human interest stories from communities to highlight both challenges and successes in cancer prevention efforts.
    • Create and disseminate contextually relevant communication materials that resonate with diverse audiences and address stigma, misinformation, and fear.

    These efforts will help ground national strategies in lived experiences and ensure that civil society plays a central role in advancing equitable, people-centred cervical cancer elimination in India.

    Girls and Women Health Initiative (GWHI)

    GWHI commits to double its impacts in advocacy for HPV vaccination, cervical cancer screening and treatment, along with disseminating the findings from the first ever situation analysis commissioned by the Ministry of National Health Services Regulation and Coordination, Pakistan and WHO.

    GWHI has also created the Pakistan Alliance for Cervical Cancer Elimination (PACCE), a platform to bring together all partners, governmental and non-governmental, working in Pakistan for cervical cancer elimination, to amplify efforts and impact.

    Union for International Cancer Control

    The Union for International Cancer Control is committed to working alongside its 1,150 members across 172 countries and territories to address inequities and drive global action towards the elimination of cervical cancer. With a strong reputation in global advocacy, a rich history of delivering initiatives to support national action, and flagship convening platforms that facilitate peer-to-peer exchange and foster collaboration, UICC continues to champion efforts that improve access to care, sustain progress, and lessen the impact of cervical cancer on individuals, their families and communities.

    As part of its new three-year business plan, UICC will further strengthen its engagement—including through its role in the ‘Elimination Partnership in the Indo-Pacific for Cervical Cancer’, ongoing support for cervical cancer programmes in Francophone Africa, and initiatives that amplify the voices of those with lived experience, including as part of its current three-year World Cancer Day campaign – United by Unique. A core focus of this work will be to mobilise and equip civil society to advocate for the elimination of cervical cancer—ensuring communities are heard, policies are strengthened, and accountability is upheld.

    UICC is rooted in its belief that everyone experiencing cancer should have access to quality treatment and care, and no one should die from a preventable cancer. To achieve this, UICC will leverage its established learning and knowledge-sharing opportunities, its broad multi-sectoral network, and continued advocacy to further progress and ensure that health systems are equipped to improve cancer control, and eliminate cervical cancer.

     

    Private sector

    Becton Dickinson

    Becton Dickinson HPV Access Pricing Initiative: Becton Dickinson (BD) proudly commits to a Global Access Price for our advanced HPV Screening Solution, featuring integrated Extended Genotyping and a self-collection option to expand equitable access to life-saving diagnostics globally. This all-inclusive “Price per Patient Result” will be available to governments and non-governmental organizations advancing public sector programs in 73 Low and Low-Middle Income Countries. Through multi-stakeholder collaboration, we aim to expand access, improve patient management, and help public sector programs implement high-quality, sustainable, and scalable screening programs for effective cervical cancer prevention.

    The Ministry of Health Indonesia and Becton Dickinson (BD) are partnering to expand cervical cancer screening in West Java, aiming to reach 300,000 women in three years. Building on a successful pilot in Papua, the initiative supports Indonesia’s National Action Plan, improving patient management and long-term cost-effectiveness through HPV DNA testing, self-collection, and extended genotyping.

    Roche

    Roche commits to expand affordable pricing for its cobas® HPV DNA test to 17 additional countries, bringing the total to 106 countries, with the potential to positively impact more than 600 million women worldwide. The decision reflects Roche’s unwavering dedication to continuous innovation and advancing equitable access to cervical cancer screening, a critical step in supporting countries as they work towards their elimination goals. Roche’s commitment ext

    MIL OSI – Submitted News –

    June 20, 2025
  • MIL-OSI Economics: Every Decision Is a Health Decision: How We’re Helping People’s Wellbeing Through Intentional Health Technology Innovation

    Source: Samsung

     
    I’ve spent years witnessing technology change the way people live their lives. The way we work, connect and make decisions is entirely different from a generation ago; but until recently, eating routines, movement, and rest have largely been unchanged.
     
    Technology today, in particular the rise of wearables, is now helping us also become aware of our health and track many elements of it. Everything from when to sleep and exercise and even what to eat. We’re at the dawn of truly predictive, personalised health intelligence.
     
    This seismic shift is where every mouthful of food, every step taken, every wink of sleep is not just a mundane choice, but an act of self-care. Where technology moves from passive companion to active guardian – anticipating our needs and nudging us towards our goals.
     
    What’s more, younger generations are running away from unhealthy choices. Recent data suggests run clubs have seen a 59% increase in global participation in 2024[1], with people making friendships, and one in five of them resulting in a date. Health technology is not a passing fad or trend but something that is accelerating every day and making a real difference to people’s well-being.
     
    This week, at the Cannes Lions International Festival of Creativity, we announced new Samsung Health features[2] to help improve sleep, heart health, fitness, and nutrition. These new features are designed to help empower our consumers to lead healthier lives through proactive care and holistic health management.
     
    My colleague Dr. Hon Pak, Senior Vice President and Head of Digital Health Team, Mobile eXperience,  talks about how sleep is the cornerstone of our approach to health, as it influences physical and mental well-being, social relationships, and even work performance.
     
    Picture waking up, like many of us do, and checking your watch or ring. Instead of telling you how you slept, it guides your next choices by telling you “here’s why you slept well, and here’s what to do next”, or flagging any potential sleep issues.
     
    The next frontier is preventative health, where technology doesn’t just monitor our wellbeing, it helps shape it. It’s happening all around us now, thanks to a seismic cultural shift which at Samsung, we are adapting to quickly.
     
    A groundbreaking new Galaxy Watch feature we announced this week will measure vascular load[3], the amount of stress on your vascular system while sleeping. The vascular system carries blood throughout the body to deliver oxygen and nutrients and remove waste, making it a strong indicator to determine good heart health.
     
    I also spoke this week about our new Antioxidant Index[4] – an industry first feature to measure carotenoids. Antioxidants are the nutrients found in many healthy foods, which help prevent chronic illnesses and promote healthy ageing. Importantly, antioxidants neutralise free radicals, which damage cells and accelerate aging. Behavioural factors, such as drinking alcohol, smoking, UV exposure, stress and lack of sleep, can accelerate aging by increasing free radicals in the body.
     
    You will be able to use your Galaxy Watch and its advanced, light-activated BioActive sensor to measure carotenoids in just five seconds, which are antioxidants found in green and orange vegetables and fruits, stored in your skin.
     
    You’ll quickly see how these insights reflect behavioural changes. For example, drinking carrot juice can show changes in the index. This transforms abstract nutrition into measurable outcomes that drive sustained healthy behaviours.
     
    So, as we look ahead to the future of health tech, one thing is becoming undeniably clear: health will become the filter through which we make every choice. Not just the big decisions, like how we treat illness or manage fitness, but the small, everyday ones. What we watch. What we eat. What we buy. Because soon, the data will be right there with us, moment by moment, guiding us toward what our bodies and minds actually need.
     
    And in that world, brands will have a new kind of responsibility. It won’t be enough to be relevant by trend or preference. Brands will need to prove their role in supporting people’s well-being—in showing how they truly fit into a better, healthier life.
     
    That’s where we’re headed. We will continue to be more intentional with our health tech innovation. It will be deeply human focused, rooted in biology, mood, need, and real-time context.
     
    At Samsung, we’re not just creating products that cut through the noise. We’re creating technology that cares. Because in the end, the greatest innovation isn’t in what we build, but in how we help people truly thrive.
     
    Annika Bizon, Mobile Experience VP of Product & Marketing, Samsung UK&I.
     
    [1]https://press.strava.com/articles/strava-releases-annual-year-in-sport-trend
    [2]Health features are intended for general wellness and fitness purposes only. The measurements are for your personal reference only. Please consult a medical professional for advice. Samsung account login required. Vascular Load, Running Coach and Antioxidant Index are available on Android phones (Android 10 or above) and requires the Samsung Health app (v6.30.2 or later). Vascular Load and Antioxidant index are Labs features that you can preview before its official launch. If you don’t want to use these experimental features, you can turn them off in Samsung Health settings.
    [3]Vascular Load is available on Android phones (Android 10 or above) and requires the Samsung Health app (V6.30 or above). Samsung account login is required. To measure vascular load, it is required to wear Galaxy Watch (Galaxy Watch Ultra, Watch8 and later release Galaxy Watch series) when sleeping for at least 3 days out of recent 14 days. Vascular load monitoring is for fitness and wellness only. If you have been diagnosed with cardiovascular disease or are recovering from surgery, be sure to follow your doctor’s treatment plan. Not intended for use in detection, diagnosis, treatment of any medical condition or diseases. This is a Labs feature that you can preview before its official launch. If you don’t want to use this feature, you can turn if off in Samsung Health settings.
    [4]To measure, place the centre of your finger on the sensor at the back of the Watch and hold it for 5 seconds. While Anti-oxidant index can be measured using any finger, the thumb is recommended for most accurate result. Repeat measurement if there is uneven placement of finger. Requires Samsung Account login and Samsung Health app 6.27 or later. Available on devices with Android OS 10 (Q OS) or later. AGEs is supported in Samsung Galaxy Watch7 and later released Samsung Galaxy Watch models only. Not intended for use in detection, diagnosis, treatment of any medical condition. Anti-oxidant monitoring is for your personal reference only. Please consult a medical professional for advice.
     
     

    MIL OSI Economics –

    June 20, 2025
  • MIL-OSI Canada: Tribunal Issues Determination of Reasonable Indication of Injury—Certain Carbon or Alloy Steel Wire from Various Countries 

    Source: Government of Canada News (2)

    Ottawa, Ontario, June 19, 2025—The Canadian International Trade Tribunal today determined that there is a reasonable indication that the dumping of certain carbon or alloy steel wire from China, Chinese Taipei, India, Italy, Malaysia, Portugal, Spain, Thailand, Türkiye and Vietnam has caused injury to the domestic industry.

    The Tribunal’s inquiry was conducted pursuant to the Special Import Measures Act as a result of the initiation of a dumping investigation by the Canada Border Services Agency (CBSA). The CBSA will continue its investigation and, by July 21, 2025, will issue a preliminary determination.

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

    MIL OSI Canada News –

    June 20, 2025
  • MIL-OSI Canada: Minister Joly travels to France to support innovative Canadian industries

    Source: Government of Canada News (2)

    June 19, 2025 – Paris, France 

    The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, led Canada’s presence at the 55th International Paris Air Show.

    Minister Joly showcased Canada’s highly innovative aerospace sector and promoted the country as a top destination for global aerospace investment—at a time when Canada is seeking to help build trusted, reliable partnerships that support its companies and workers.

    Minister Joly met with CEOs of Canadian and global aerospace businesses as well as with key provincial partners, including François Legault, Premier of Quebec; Christine Fréchette, Quebec Minister of Economy, Innovation and Energy; and the Honourable Victor Fedeli, Ontario Minister of Economic Development, Job Creation and Trade.

    During the visit, Minister Joly underscored Canada’s world-class aerospace sector, with its strong workforce and cutting-edge innovation, and highlighted that the government is committed to making major investments in the economy and supporting Canada’s defence sector. These investments will generate jobs and opportunities throughout Canada’s industrial base, strengthen domestic capabilities, and diversity Canada’s international partnerships. She also advocated for workers across other Canadian industries, including steel and aluminum, which are well positioned to be better integrated into global aerospace supply chains.

    A highlight of the visit was LOT Polish Airlines’ announcement of its intention to purchase up to 84 Canadian-built Airbus A220 aircraft, made in Mirabel, Quebec. This is a major win for Canadian workers. The deal will create many high-paying jobs and highlights Canada’s desire for deeper industrial and commercial ties with Europe at a time when cooperation with reliable partners is more important than ever.

    Minister Joly welcomed France’s announcement of its purchase of new GlobalEye aircraft from Saab, which uses Bombardier’s Canadian-designed, -developed and -built Global 6500 platform. 

    In addition, Minister Joly welcomed the announcement of $87.4 million for the latest projects from the Initiative for Sustainable Aviation Technology (INSAT), a pan-Canadian, industry-led network focused on accelerating sustainable innovation in aviation.

    Prior to the Paris Air Show, Minister Joly represented Canada at VivaTech 2025, Europe’s largest startup and tech event. Canada was Country of the Year at the event, and its participation was a celebration of our leadership in AI and new technologies that the world needs.

    MIL OSI Canada News –

    June 20, 2025
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