Category: Transport

  • MIL-OSI Australia: Transcript – Afternoon Briefing with Patricia Karvelas

    Source: Murray Darling Basin Authority

    PATRICIA KARVELAS, HOST: Let’s get some immediate political reaction, not just to this story, but of course the broader child care crisis too and go straight to the Education Minister Jason Clare. 

    Jason Clare, lovely to have you on the show. 

    JASON CLARE, MINISTER FOR EDUCATION: Thanks, PK, great to be here. 

    KARVELAS: Two child care workers have been charged with assault of a toddler in Western Sydney. New South Wales Police have said the child sustained significant bruising and injuries. Of course, this is one case being handled now by the legal system, as it should be —

    CLARE: Yes. 

    KARVELAS: — but does this latest case show that we have a broader crisis? 

    CLARE: What it underlines is if you don’t care about our kids, you shouldn’t be there working in early education and care. 

    In that report you mentioned that those workers are no longer there, that’s a good thing. But we do need to put in place the sort of measures to help to weed people out that aren’t there for the right reasons, whether it’s the sort of penalties that you impose on centres that don’t act when this evidence comes to light, or naming and shaming centres, giving information to parents about the conditions that are in the centres where their children are, or putting in place things like CCTV. 

    I want to make the point if I can, PK, that 99.9 per cent of the people who care for our kids every single day in these centres love them, they care for them, they educate them, they’re great people that are doing really, really important work, and at the moment they’re as shocked and angry as everybody else in Australia. Their jobs are on TV for all of the wrong reasons. They want to make sure that we do everything we can to weed out the people that shouldn’t be there too. 

    KARVELAS: We also learnt today that the alleged Melbourne paedophile, Joshua Dale Brown, worked at an additional daycare centre that has not been listed by authorities online. That brings the total number of centres he’s worked at to 24. I mean, Minister, why – I know this a state issue in terms of the investigation, but why are we still finding out about child care centres several weeks after the first allegations? 

    CLARE: It’s a bloody good question. This is a nightmare for hundreds more parents, mums and dads who now have to go through the wringer of working out whether their kids are sick or not. And for their little kids, they’ve got to go through the trauma of testing – blood tests and urine tests – to find out whether they’ve got an infectious disease or not. 

    It strikes me when I saw this yesterday that this is another reason why we need an educator register, a database that tells us where people are working and where they have been working. The company responsible here should know this at the click of a button. But so should we. This shouldn’t be the sort of information that comes out in drip feed form, it should be information that’s easy to access quickly. 

    KARVELAS: It seems that there might be more centres. I mean, have you been briefed about whether there are even potentially more that we might find out about? 

    CLARE: No, I haven’t. The Victorian Police would be briefing the Victorian Government specifically on that. But I just make the general point, this is the sort of information that police should have at their fingertips, it’s the sort of information that we should have right now. We don’t have it, but we should do. 

    KARVELAS: Is your legislation on child care changes that you’ve been talking about ready to table into the Parliament and have you briefed the Opposition? 

    CLARE: Yeah, the legislation is almost finalised. I’ll introduce that legislation into the Parliament next week, and we held our first briefing with the Opposition on the legislation today. I want to take this opportunity to thank Sussan Ley, the Opposition Leader, and Jonno Duniam, the Shadow Minister, for the really constructive way in which they’re working with us on this legislation to make sure we get it right. You know, it’s not always the case that Labor and Liberal work together the way we should. We are here, and that’s really important with legislation like this. 

    So, as I said, I’ll introduce the legislation next week. What the bill will do is give us the power to cut off funding to child care centres where they’re not up to scratch when it comes to safety. 

    At the moment a state regulator can shut a centre down tomorrow if they think there’s an imminent threat to safety. But where they’ve identified centres that aren’t meeting the standard and repeatedly they’re not meeting that standard, this will give us the power to issue a condition to that centre, and say that if you don’t meet the standards that we’ve set for you as a nation over the course of, it might be a couple of months, then we will suspend your child care funding or we’ll cancel it. 

    And there’s nothing more important in running a child care centre than the taxpayer funding that runs it – it’s about 70 per cent of the funding that runs a child care centre, it can’t run without it. This is the biggest stick that the Commonwealth has to wield here, and putting a condition on a centre that we would provide publicly, so parents know about it, I think is the sort of thing that hopefully will lift standards to where they need to be. 

    If we get this legislation right, it won’t mean that we’re shutting centres down, it will mean that we’re lifting standards up where centres aren’t meeting the standards at the moment. 

    KARVELAS: Okay, that’s really interesting. So, you’ll issue essentially a warning that will then be publicly shared, would that be like on a central website where people can look to see ‑‑ 

    CLARE: That’s right. 

    KARVELAS: ‑‑ if this has been – and what’s the timeframe? ‘Cause that must be all articulated, it has to be in the legislation, for which they have to respond ‑‑

    CLARE: Yeah. 

    KARVELAS: ‑‑ before that money is suspended?  

    CLARE: The legislation won’t set out the specific timeframe. There will be discretion provided to the Secretary of my Department, but we’re anticipating, depending on circumstances, you’re talking about a couple of months. 

    But let me just make the point again, if we’ve identified a centre where there’s a threat to kids right now, state regulators can shut it down. This is about centres where over a period of time they’re just not meeting the National Quality Framework standard to say, unless you get there soon, the centre is not going to be funded by the taxpayer. 

    KARVELAS: So, at the moment “Working Towards,” as you know, is a rating given to a centre that doesn’t meet quality rating standards. I’m just confused about how that will work still. These centres, are they allowed to keep operating? For how long will you be able to keep operating if you’re just “Working Towards”? 

    CLARE: At first instance what we’re intending to do if we get this legislation passed is to work with the state governments and the state regulators on the centres that they’re most concerned about, that are under that category that you’ve just described where they’re concerned that they’re repeatedly not working hard enough to get to the standard they need to be under the National Quality Framework. 

    So we’ll work with states and territories on the centres that we think need to be the subject of this legislation first and set those conditions for them, set a timeframe for them, and if they don’t meet those conditions within that timeframe, then suspend the child care subsidy payment that helps that centre to operate or cancel it altogether. 

    KARVELAS: And you said this is about lifting standards rather than shutting child care centres down. Of course that would always want to have that aim, because you need children in care —

    CLARE: Indeed. 

    KARVELAS: — or the system would collapse, right? 

    CLARE: That’s right. 

    KARVELAS: But do you envisage that inevitably some child care centres will have to close down? You would think that would have to be an inevitability of a tough system.  

    CLARE: It is a tough system, and that may very well happen. We’re not putting this legislation into the Parliament as an idle threat. But these centres run – 70 per cent of the funding is based on the child care subsidy that the taxpayer provides to help child care centres run. This is the biggest stick we have to wield, to say to centres that if you want to continue to receive this support from the Australian taxpayer, then you have to meet that standard, and if you don’t, then funding will be suspended or cancelled. 

    And what I’m hoping is that that threat is going to be strong enough to get the boards of these companies or the investors in these companies to sit up and listen and realise that we’re serious here and if you don’t meet the standard, then the funding will be cut off. 

    KARVELAS: Spot checks by your Department is another issue that you’ve raised. Are they only going to be deployed for fraud, or will it be child safety as well? 

    CLARE: Principally fraud but not exclusively fraud. At the moment I’ve got a team of investigators in the Department of Education that can do checks on child care centres for fraud. Unfortunately it’s the case that this exists, that child care centres might claim a child is there for three days but they’re only there for two days, and they’re claiming funding from the taxpayer for three days. This legislation will give my officers the power to be able to go in without a warrant or without the AFP to do those checks. 

    But while they’re there, they’ll be able to also examine the safety of centres and share that information with state regulators that do the lion’s share of this work. 

    The Federal Government sets the standards, the state governments do the lion’s share of the work in terms of regulating the system and making sure that it’s safe. 

    KARVELAS: Should there be a national regulator though? Because that’s part of the issue, isn’t it, that we’ve got state-based regulation, it’s quite inconsistent across states. Is there an option for a national regulation? 

    CLARE: There’s a national authority at the moment, ACECQA, that helps to set that standard, and they work closely with the states and territories in the work that they do. 

    There’s a separate question that’s posed by the Productivity Commission’s report last year about whether we set up an Early Education and Care Commission that would look at how we reform the system over the next decade and beyond. That recommendation wasn’t principally about safety; it wanted government to look at a steward for the system to make it more accessible and more affordable. I’ve got an open mind to that recommendation, Patricia, it’s something that we’ll look at over the medium term. It wasn’t intended to be something specifically about safety, but that’s something that it could potentially include.

    KARVELAS: Oh, that’s really interesting. So, you think you could take the Productivity Commission’s recommendation and sort of morph it into something broader?  

    CLARE: Potentially. It’s the sort of thing it’s my job as a Minister to sit down with smart people and pick their brains about how this would work best in practice, people like Georgie Dent at The Parenthood I spoke to the other day about this. 

    I want to make sure that we get this right, I want to make sure that our system is affordable for mums and dads, that it’s accessible everywhere around the country, but most importantly that it’s safe. That’s what this legislation is fundamentally about. But it’s not the only thing that we need to do. 

    The other things that have got to be on the table here are this register so we can track people across the system, identify when people are moving from centre to centre to centre and whether that should be a red flag that something is wrong here, that people are just moving people on rather than reporting them to a regulator or to the police. Proper mandatory child safety training for everybody who works in our centres. 

    I said a moment ago that 99.9 per cent of people who work in our centres are fantastic people. We’ve got to equip them with the skills they need to identify the bad person that might be up to the most horrific of crimes in our centres. And then CCTV as well, which can potentially play a role in deterring somebody from getting up to no good but also help police with their investigations as well. 

    KARVELAS: Minister, if I could just ask you about the Antisemitism Envoy’s report, which of course has been handed to the government. You’ve been talking about this as well. As you know ‑‑ 

    CLARE: Yeah. 

    KARVELAS: ‑‑ your colleague Ed Husic is critical of some parts – not all – but some parts of the report, including the very definition of antisemitism that it’s using. Are you troubled by this definition? 

    CLARE: No, I’m not. I had a quick look at what Ed had to say. I think Ed was fundamentally making the point that any definition of antisemitism shouldn’t stop somebody from criticising the Government of Israel, and I think he’s right in that respect. I don’t think the definition does, by the way.

    But I’ve been critical of the Government of Israel. I think as long as you can make that point very, very clear, you’re on pretty good ground.

    KARVELAS: But it does actually, and I’m just looking at the words here, it does actually refer to the State of Israel by claiming that the existence of the State of Israel is a racist endeavour. Do you think that’s antisemitic? 

    CLARE: No, I think what Ed was saying is it’s a little bit different to then be called an antisemite for criticising the Government of Israel. That’s the fundamental point I think ‑‑ 

    KARVELAS: The existence of Israel is really at the heart of the question, isn’t it? That’s what some people criticise. 

    CLARE: You know my view, the view of the Government, the view I think of the overwhelming majority of people watching the tele today is that we want two countries in the Middle East that sit side by side, one’s called Israel, one’s called Palestine, and they can live together in peace and security behind secure borders and have the sort of safe life that we take for granted here in Australia and in many other parts of the world. 

    KARVELAS: How did the part of the report – this is something that Ed Husic definitely mentioned in relation to younger Australians holding views that are antisemitic. Do you think that – are you witnessing that younger Australians have higher rates of antisemitism? 

    CLARE: I was asked this question today. I said certainly social media plays a role here, and I’m hoping that the ban on access to social media for young people under 16, when that comes into force later this year, is going to have a positive impact on that, but also the mental health and wellbeing of younger Australians. 

    I was also asked about the recommendations in the report about universities. We’re considering those at the moment. We’re not making any announcements about that at the moment. But antisemitism is real, it’s a poison that we’ve seen infect parts of the community. There’s no place for it in our universities, there’s no place for it anywhere in Australia, but it’s just one type of the sort of racism that we see in our community and in our universities. 

    I made the point today that we’ve established a Student Ombudsman that provides a vehicle for students to make complaints, whether it’s about antisemitism, Islamophobia or sexual assaults, or any concerns that they’ve got about the way their university has dealt with them. 

    TEQSA, which is the federal regulator of our universities, has certain powers to intervene here and works closely with universities on this. It has the power to put conditions on universities or to go to court and issue fines. I think there’s an open question there about whether TEQSA needs more powers in this area. 

    And I also made the point today that we will shortly receive a report from the Special Envoy Combating Islamophobia, and we want to see their report as well, as well as the report that we received a few weeks ago. 

    KARVELAS: So, will they be considered together? 

    CLARE: I think that’s the way in which we should consider it, that’s probably the best way to go about this. I’ll also receive a report in a couple of months’ time from the Race Discrimination Commissioner about racism in all its ugly forms in our universities, and I’m sure there’s Indigenous Australians and Asian Australians and international students watching today that are saying, “Don’t forget about me, this affects me too”.

    We don’t necessarily need to wait for that report before we take action. You can do this step‑by‑step. But I just flag, I want to see that report from the Special Envoy on Islamophobia, and there’s also a piece of work that I’ve commissioned around the governance, improving the governance of our universities, that I’ll receive too. And I also want to think about what more powers we should properly give TEQSA, the Tertiary Education Regulator here. 

    KARVELAS: That’s really interesting. Jason Clare, Minister, it’s been great to speak to you. Thanks for joining us. 

    CLARE: Thanks PK.

    MIL OSI News

  • MIL-OSI United Kingdom: New Perth and Kinross Apprentice Awards open for nominations

    Source: Scotland – City of Perth

    The Perth and Kinross Apprentice Awards 2025, developed in partnership by Perth and Kinross Council, Skills Development Scotland (opens new window), Developing the Young Workforce Tay Cities (opens new window), Perthshire Chamber of Commerce (opens new window) and UHI Perth (opens new window), opened for entries on Monday 14 July and will close on Friday 8 August 2025.

    The awards aim to highlight the value of apprenticeships to individuals, businesses and the wider economy, and to encourage more local nominations for the national Scottish Apprenticeship Awards later this year.

    Award categories include:

    • Foundation Apprentice of the Year
    • Modern Apprentice (SCQF Level 5) of the Year
    • Modern Apprentice (SCQF Level 6+) of the Year
    • Graduate Apprentice of the Year
    • Apprenticeship Employer of the Year

    Winners will be announced at a celebration event in early September, ahead of the national awards.

    As of 31 March 2025, there were 981 Modern Apprentices in training across Perth and Kinross. In the past year alone, 654 new apprenticeships were supported by Skills Development Scotland, with nearly 60% of those aged 16-24. The local Modern Apprenticeship achievement rate stands at an impressive 84.1%.

    Thomas Glen, Chief Executive of Perth and Kinross, said: “The Perth and Kinross Apprenticeship Awards are a fantastic opportunity to shine a light on the achievements of our local apprentices and the employers who support them. Apprenticeships offer young people a valuable route into rewarding careers, and these awards allow us to celebrate that success and the positive impact apprenticeships have on individuals, businesses and our wider community.”

    A spokesperson for Skills Development Scotland said: “Apprenticeships support individuals, employers and Perthshire’s economy offering high quality opportunities for people to gain valuable skills that support them throughout their career and meet local industry demands now and for the future.”

    Vicki Unite, Chief Executive of Perthshire Chamber of Commerce, said: “Apprenticeships are a powerful force for growth – for individuals, for businesses, and for our region as a whole. These new awards are a brilliant opportunity to shine a spotlight on the talent, dedication and potential that exists right here in Perth and Kinross. We’re proud to be part of a partnership that’s committed to celebrating the achievements of our apprentices and the employers who support them.”

    Lesley English, Regional Lead, Developing the Young Workforce Tay Cities, said: “Developing the Young Workforce (DYW), is delighted to be a key partner in driving these awards forward. DYW’s continued commitment to connecting young people with meaningful career opportunities is integral to the event’s mission: to recognise and reward those making a difference across the apprenticeship landscape. This event is about more than just awards, it’s about celebrating the impact apprenticeships have—not just on individuals, but on the businesses and communities they serve. We’re proud to support the next generation of skilled professionals.”

    Sarah-Jane Urquhart, National Training Programmes Manager, UHI Perth, said: ”UHI Perth is proud to be part of the strong partnership supporting the Perth and Kinross Apprenticeship Awards, celebrating the achievements of apprentices and their employers across the region. This partnership reflects our commitment to skills development and lifelong learning, and we are excited to help shine a light on the value of apprenticeships. These awards highlight how apprenticeships not only equip individuals with practical, career ready skills but also strengthen local businesses and communities.”

    To enter the awards complete the simple online nomination form:

    MIL OSI United Kingdom

  • MIL-OSI: Cority Continues to Be a Leader in the Sustainability Software Market, According to Prominent Industry Analyst Report

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 16, 2025 (GLOBE NEWSWIRE) — Cority, the sustainable performance software company, has been named a leader in the 2025 Verdantix Green Quadrant for ESG & Sustainability Reporting Software. The report highlights Cority’s ability to provide a unified platform for EHS+ and sustainability, which enables organizations to move beyond compliance reporting to data-driven sustainability performance management.

    As demand for trustworthy, auditable sustainability data accelerates, Cority’s unified platform stands apart. Verdantix highlighted Cority’s strength in unifying compliance, risk, and operational performance data with sustainability metrics. Cority’s integrated approach enables organizations to consolidate this data within a single system, ensuring consistent, high-quality data flows that support forecasting, target-tracking, and regulatory reporting, according to Verdantix.

    The report reinforces Cority’s long-held belief that sustainability performance can’t be managed in isolation. It must be integrated with the full scope of operational and EHS data to drive real results—particularly in moderate to risk-heavy industries such as manufacturing, energy, chemicals, and industrial operations.

    “Cority is uniquely positioned to help organizations not only meet their sustainability reporting obligations, but also to operationalize their data and drive real-time improvements,” said       Alex Hardwick, director of sustainability planning & enablement at Cority. “This recognition by Verdantix underscores the value of our integrated platform for enterprises navigating complex, fast-moving sustainability requirements.”

    Meeting the Market’s Moment

    The sustainability software market is maturing fast, driven by evolving regulations such as the EU’s Omnibus proposal reshaping the Corporate Sustainability Reporting Directive (CSRD) and California’s Climate disclosure laws, along with voluntary reporting frameworks often aligned with the ISSB standards and rising investor scrutiny. According to the Verdantix report, nearly 60% of firms now use software for ESG and sustainability reporting—a sharp rise from 40% just three years ago.

    Organizations are increasingly seeking platforms that unify operational, risk, finance, and sustainability data to meet these growing demands. Verdantix highlights this shift:

    “The demand for more performance monitoring may also be the impetus for various software tools, such as sustainability reporting, EHS, and carbon management, to come together in one platform.”

    Cority is the only enterprise-grade solution recognized for this integrated approach in the 2025 Green Quadrant. Its converged EHS+ platform, CorityOne enables global firms to not only report on sustainability performance but also to trace sustainability metrics back to source operations, allowing proactive adjustments that improve outcomes across the value chain.

    Key Highlights from the Report:

    • Top Scores: Cority received top scores for Data Acquisition & Architecture, Data Management, Organizational Structure, User Interface, and Customer Success.
    • Data Integrity & Scale: Cority earned high marks for scalable, high-integrity data management, essential for large, multinational organizations.
    • Advanced Functionality: The platform’s ability to integrate ESG and EHS data in a single environment supports forecasting, compliance, and operational decision-making.
    • Market Position: Positioned among the leading providers, Cority stands apart from most competitors with clear separation from the pack.

    Verdantix also specifically cited Cority’s acquisition strategy and expanding functionality across key solution areas as strengths. The report also noted Cority’s partnerships with firms like Arcadia to streamline AI-powered data ingestion—further reducing manual data burdens.

    The Verdantix Green Quadrant is one of the industry’s most comprehensive, evidence-based
    assessments of ESG and sustainability reporting software. The 2025 edition evaluates 21 of the most prominent providers based on rigorous functional and market momentum criteria.

    The complete report can be downloaded at https://www.cority.com/reports/green-quadrant-esg-reporting-and-data-management-software/

    About Cority
    Cority is the sustainable performance software company, helping customers transform operating risks into a performance advantage. Our flagship platform, CorityOne, merges deep industry expertise with intelligent software so customers can engage their workforce to see and prevent risks that impact people, the environment, and performance. For 40 years, Cority has been the trusted solution for thousands of organizations in a range of operationally complex industries worldwide, including oil & gas, chemicals, food & beverage, utilities, manufacturing, and healthcare. To learn more, visit www.cority.com

    Media Contact
    Natalie Rizk
    RiotMind
    natalier@theriotmind.agency

    The MIL Network

  • MIL-OSI: Bitget Rolls Out Web3 Young Learners’ Encyclopedia to Schools, Libraries, and Beyond

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 16, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the release of Web3 Young Learners’ Encyclopedia, marking a key milestone in its #Blockchain4Youth global education initiative. The print edition will be distributed across schools, libraries, and community centers to promote blockchain literacy among young learners, while the digital version will be available through CoinGecko, the leading independent crypto data aggregator.

    Structured as an A-to-Z guide, the encyclopedia introduces young readers to the world of blockchain through easy-to-understand terms, think “A is for Altcoin” and “Z is for Zero-Knowledge Proofs.” Each letter features clear definitions and playful illustrations that break down complex ideas into bite-sized, beginner-friendly explanations. It’s a fun, approachable way to spark curiosity about digital finance and help kids grasp the building blocks of Web3 from an early age.

    “To me, education remains the most effective entry point to the future of blockchain,” said Gracy Chen, CEO of Bitget. “The encyclopedia is designed to bridge the knowledge gap by meeting young learners where they are with clear language and relevant examples, in a format that makes blockchain approachable.”

    The development of the encyclopedia was undertaken in collaboration with Cryptita Plays, a nonprofit initiative dedicated to empowering youth through blockchain education and outreach programs. Drawing from its experience working directly with students and educators in underserved communities, Cryptita Plays provided valuable on-the-ground insights that helped shape the content and approach of the encyclopedia. This partnership reinforces the shared goal of both organizations—to make blockchain education more approachable, inclusive, and impactful for young learners worldwide.

    “Our aim has always been to make blockchain meaningful to the next generation—not as a distant concept, but as something they can see, touch, and understand,” said Arshelene Lingao, founder of Cryptita Plays. “This encyclopedia is a tool to help bring those ideas to life and beyond the classroom.”

    The print rollout will commence in areas where internet access is limited or inconsistent, allowing for offline education in underserved regions. The printed edition complements the online version of the encyclopedia, which remains accessible to learners worldwide, encouraging learning and multilingual adaptation. The online encyclopedia can be found here. To extend its reach, the digital edition will also be hosted on CoinGecko, making the encyclopedia more accessible to young learners, educators, and blockchain newcomers globally. CoinGecko users can redeem the encyclopedia through the Candy Rewards program using Candies earned from daily check-ins. View the CoinGecko page here.

    “Blockchain is often framed as the future, but its impact already shapes lives today. The goal is to ensure young people, regardless of geography or background, have the tools to participate in that future,” said Vugar Usi Zade, COO of Bitget. “This encyclopedia is one way of turning abstract concepts into real plans. It’s a small start, but an important one.”

    The encyclopedia is part of Bitget’s broader Blockchain4Youth initiative, a global education effort aimed at equipping the next generation with foundational knowledge of blockchain and digital assets. Designed to be both accessible and engaging, the initiative delivers learning resources through physical publications like the encyclopedia, as well as digital content and in-person programming. By introducing key Web3 concepts in formats that are age-appropriate and widely accessible, Blockchain4Youth aims to make blockchain literacy a practical reality for students worldwide, particularly in regions where access to emerging technology education is limited.

    To learn more about the encyclopedia, visit here.

    About Bitget

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

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/87f81256-cc72-4690-b851-d57be60236ac

    The MIL Network

  • India’s EV sales projected to cross 7% market share by FY28: CareEdge report

    Source: Government of India

    Source: Government of India (4)

    India’s electric car sales are projected to cross a 7 per cent market share by FY28, provided supply chain challenges around rare earth elements (REEs) are addressed in time, according to a new report released on Wednesday.

    The report by CareEdge Advisory highlighted that India’s electric car market has witnessed robust growth over the past three years, expanding from just over 5,000 units in FY21 to more than 1.07 lakh units in FY25 — a 21-fold increase.

    While electric four-wheelers currently form a small part of India’s overall EV sales — which are led by two- and three-wheelers — the segment is expected to see rapid expansion in the coming years, driven by fresh model launches, strengthening public policy support and growing private sector participation.

    The Indian government has set a target of achieving 30 per cent EV penetration by FY30 and is rolling out multiple initiatives to boost adoption.

    Schemes such as FAME III, the Production Linked Incentive (PLI) Scheme for advanced chemistry cell (ACC) batteries, and customs duty exemptions for critical battery minerals are expected to lower production costs and enhance domestic supply chains.

    “India’s electric car sales penetration is likely to cross 7 per cent by FY28, provided rare earth disruption is resolved in a timely manner. With a robust pipeline of new models, expanding charging infrastructure and battery localisation under the PLI scheme, India is well-positioned to accelerate EV adoption,” said Tanvi Shah, Senior Director and Head, CareEdge Advisory & Research.

    The report underlined that charging infrastructure, historically seen as a major hurdle in EV adoption, is witnessing rapid expansion.

    The number of Public EV Charging Stations (EVPCS) in India has grown nearly fivefold in the past three years, from 5,151 in 2022 to over 26,000 by early FY25 — recording a compound annual growth rate of more than 72 per cent.

    The FAME III scheme includes dedicated support for charging infrastructure, while states like Maharashtra, Delhi, Tamil Nadu, and Gujarat have introduced targeted incentives, including land subsidies and capital expenditure support for setting up new stations.

    Urban local bodies are also implementing policies mandating EV-ready parking in new residential and commercial buildings, aiming to reduce range anxiety for potential buyers.

    Private charge point operators are expanding networks rapidly, often in partnership with local municipal corporations and power distribution companies. Efforts are also underway to standardise charging protocols to ensure interoperability and ease of use for consumers.

    In addition, the Union Budget for FY26 introduced zero basic customs duty on 16 key minerals used in battery manufacturing. This is expected to reduce India’s reliance on imports and lower production costs.

    CareEdge estimates that India’s dependence on lithium-ion cell imports could drop to 20 per cent by FY27, compared to nearly 100 per cent in FY22, supported by new investments in integrated battery manufacturing facilities.

    The report comes as global EV leader Tesla begins its operations in India, signalling further momentum for the country’s electric mobility landscape.

    (IANS)

  • India’s EV sales projected to cross 7% market share by FY28: CareEdge report

    Source: Government of India

    Source: Government of India (4)

    India’s electric car sales are projected to cross a 7 per cent market share by FY28, provided supply chain challenges around rare earth elements (REEs) are addressed in time, according to a new report released on Wednesday.

    The report by CareEdge Advisory highlighted that India’s electric car market has witnessed robust growth over the past three years, expanding from just over 5,000 units in FY21 to more than 1.07 lakh units in FY25 — a 21-fold increase.

    While electric four-wheelers currently form a small part of India’s overall EV sales — which are led by two- and three-wheelers — the segment is expected to see rapid expansion in the coming years, driven by fresh model launches, strengthening public policy support and growing private sector participation.

    The Indian government has set a target of achieving 30 per cent EV penetration by FY30 and is rolling out multiple initiatives to boost adoption.

    Schemes such as FAME III, the Production Linked Incentive (PLI) Scheme for advanced chemistry cell (ACC) batteries, and customs duty exemptions for critical battery minerals are expected to lower production costs and enhance domestic supply chains.

    “India’s electric car sales penetration is likely to cross 7 per cent by FY28, provided rare earth disruption is resolved in a timely manner. With a robust pipeline of new models, expanding charging infrastructure and battery localisation under the PLI scheme, India is well-positioned to accelerate EV adoption,” said Tanvi Shah, Senior Director and Head, CareEdge Advisory & Research.

    The report underlined that charging infrastructure, historically seen as a major hurdle in EV adoption, is witnessing rapid expansion.

    The number of Public EV Charging Stations (EVPCS) in India has grown nearly fivefold in the past three years, from 5,151 in 2022 to over 26,000 by early FY25 — recording a compound annual growth rate of more than 72 per cent.

    The FAME III scheme includes dedicated support for charging infrastructure, while states like Maharashtra, Delhi, Tamil Nadu, and Gujarat have introduced targeted incentives, including land subsidies and capital expenditure support for setting up new stations.

    Urban local bodies are also implementing policies mandating EV-ready parking in new residential and commercial buildings, aiming to reduce range anxiety for potential buyers.

    Private charge point operators are expanding networks rapidly, often in partnership with local municipal corporations and power distribution companies. Efforts are also underway to standardise charging protocols to ensure interoperability and ease of use for consumers.

    In addition, the Union Budget for FY26 introduced zero basic customs duty on 16 key minerals used in battery manufacturing. This is expected to reduce India’s reliance on imports and lower production costs.

    CareEdge estimates that India’s dependence on lithium-ion cell imports could drop to 20 per cent by FY27, compared to nearly 100 per cent in FY22, supported by new investments in integrated battery manufacturing facilities.

    The report comes as global EV leader Tesla begins its operations in India, signalling further momentum for the country’s electric mobility landscape.

    (IANS)

  • UK lifts ban on Pakistani airlines after five years

    Source: Government of India

    Source: Government of India (4)

    Britain has lifted a five-year ban on Pakistani airlines, allowing them to apply to resume UK flights just as Islamabad steps up efforts to privatise its national carrier, Pakistan International Airlines. 

    The ban was imposed in 2020, days after Pakistan launched an investigation into the validity of pilot licences issued in the country following a PIA plane crash that killed 97 people.

    The British High Commission said on Wednesday the lifting of the ban followed safety improvements by Pakistani authorities. The decision comes just months after the European Union took similar steps.

    While several private Pakistani airlines operate domestically and on regional routes, primarily to the Middle East, PIA has historically been the only carrier to operate long-haul flights to Britain and the European Union.

    PIA had previously estimated an annual revenue loss of around 40 billion rupees ($144 million) due to the ban. The airline has long considered UK routes, including London, Manchester, and Birmingham, among its most profitable, and holds sought-after landing slots at London’s Heathrow Airport that could become active again.

    PIA’s spokesperson said the airline was finalising preparations to resume UK flights “in the shortest possible time” and had submitted its proposed schedule.

    Flights would resume with the Islamabad-Manchester route, with three weekly flights planned initially pending schedule approval, the spokesperson added.

    Earlier this month, Pakistan approved four groups to bid for a 51-100% stake in PIA. Final bids are expected later this year.

    The government is hoping that recent reforms, which led to the airline’s first operating profit in 21 years – will help attract buyers under a broader IMF-backed privatisation push.

    Pakistani Defence Minister Khawaja Muhammad Asif told a press conference on Wednesday that the resumption of all routes would improve PIA’s value ahead of the privatisation. He also said there were plans to restart flights to New York.

    (Reuters)

  • UK lifts ban on Pakistani airlines after five years

    Source: Government of India

    Source: Government of India (4)

    Britain has lifted a five-year ban on Pakistani airlines, allowing them to apply to resume UK flights just as Islamabad steps up efforts to privatise its national carrier, Pakistan International Airlines. 

    The ban was imposed in 2020, days after Pakistan launched an investigation into the validity of pilot licences issued in the country following a PIA plane crash that killed 97 people.

    The British High Commission said on Wednesday the lifting of the ban followed safety improvements by Pakistani authorities. The decision comes just months after the European Union took similar steps.

    While several private Pakistani airlines operate domestically and on regional routes, primarily to the Middle East, PIA has historically been the only carrier to operate long-haul flights to Britain and the European Union.

    PIA had previously estimated an annual revenue loss of around 40 billion rupees ($144 million) due to the ban. The airline has long considered UK routes, including London, Manchester, and Birmingham, among its most profitable, and holds sought-after landing slots at London’s Heathrow Airport that could become active again.

    PIA’s spokesperson said the airline was finalising preparations to resume UK flights “in the shortest possible time” and had submitted its proposed schedule.

    Flights would resume with the Islamabad-Manchester route, with three weekly flights planned initially pending schedule approval, the spokesperson added.

    Earlier this month, Pakistan approved four groups to bid for a 51-100% stake in PIA. Final bids are expected later this year.

    The government is hoping that recent reforms, which led to the airline’s first operating profit in 21 years – will help attract buyers under a broader IMF-backed privatisation push.

    Pakistani Defence Minister Khawaja Muhammad Asif told a press conference on Wednesday that the resumption of all routes would improve PIA’s value ahead of the privatisation. He also said there were plans to restart flights to New York.

    (Reuters)

  • MIL-OSI United Kingdom: NUKES: Funding for military gimmicks insult to the people of Scotland say Greens

    Source: Scottish Greens

    A new £250 million investment from the UK Government into the Faslane nuclear weapons base is an ‘insult’ to local families in poverty, says the area’s Scottish Greens MSP Ross Greer.

    The United Kingdom’s nuclear weapons are housed on the River Clyde at HMNB Clyde, encompassing the Faslane and Coulport sites only 20 miles from Glasgow.

    In recent years, the cost for these weapons of mass slaughter has skyrocketed, with a report in 2023 uncovering “costs increased by £38.2 billion to £99.5 billion” a 62% increase for the Defence Nuclear Organisation.

    UK Labour Ministers Ian Murray and Maria Eagle will visit HMNB Clyde (Faslane) today to announce the funding for new nuclear infrastructure at the same time as their Government refused to lift thousands of children out of poverty by scrapping the Tories’ cruel two-child benefit cap and its associated ‘rape clause’.

    Reacting to the visit Scottish Greens MSP for West Scotland, Ross Greer said:

    “Pouring hundreds of millions of pounds of taxpayers’ money into military gimmicks won’t make us any safer. It will only take money away from the urgent work needed to lift children out of poverty and tackle the climate emergency. The only winners here are the arms companies who will make a fortune.

    “The UK Government continues to use Scotland as a dumping ground for their weapons of mass slaughter. This new funding isn’t going to reduce the risk of living near Faslane nor the totally unacceptable risk of transporting nuclear and explosive materials by road through Scotland’s towns and cities.

    “Even if these weapons had no cost implications, they would still be totally immoral and a huge risk to the people of Scotland. There can never be justification for weapons which are only capable of indiscriminate mass killing. The terrible legacy of the bombings of Hiroshima and Nagasaki is all the warning we need from history in that regard.

    “Our communities in the West of Scotland need sustainable, safe jobs and a decent safety net in the social security system. This money could have been used for that, but instead it will go straight to some of the world’s biggest arms manufacturers.

    “Faslane could be a conventional naval base, meeting our defensive needs on the west coast for a fraction of the cost of this nuclear arsenal, with the rest of that money used to make this a fairer and greener country. But yet again, it will instead be thrown into the bottomless pit of money that is the Trident nuclear weapon programme.”

    MIL OSI United Kingdom

  • MIL-OSI China: Pentagon orders half of National Guard to leave Los Angeles

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

    The U.S. Department of Defense on Tuesday ordered 2,000 of the roughly 4,000 California National Guard members deployed in the Los Angeles area to return to their home commands.

    “Thanks to our troops who stepped up to answer the call, the lawlessness in Los Angeles is subsiding,” said Pentagon spokesperson Sean Parnell in a statement, announcing Defense Secretary Pete Hegseth’s decision to scale back the deployment.

    The “federal protection mission” had achieved its immediate goals, the statement said.

    It was not specified how soon the service members would leave, while some officials said units would redeploy “in an orderly manner”. The California National Guard confirmed it had begun contacting commanders to arrange transportation for soldiers whose assignments are ending.

    The Trump administration federalized around 4,000 California National Guard members and dispatched about 700 active-duty Marines to the Los Angeles area in June after large-scale protests erupted over immigration enforcement raids in the area.

    California Governor Gavin Newsom and Los Angeles Mayor Karen Bass sharply criticized the deployment, arguing that the heavy military presence aggravated tensions rather than restored calm. Both officials reiterated on Tuesday that complete control of public-safety operations should be returned to state and local agencies at once.

    “Thousands of members are still federalized in Los Angeles for no reason and unable to carry out their critical duties across the state,” Newsom said in a post on X. “End this theater and send everyone home.”

    At a press conference Tuesday evening, Bass said the troops were “deployed unnecessarily” and “used as props” by the Trump administration. “I am hoping that this is the beginning of a complete withdrawal,” she said as quoted by the Los Angeles Times.

    Even after the drawdown, some 2,000 Guard troops and all 700 Marines will remain in the Los Angeles area. Their responsibilities include protecting federal buildings and assisting U.S. Immigration and Customs Enforcement agents in their operations.

    MIL OSI China News

  • MIL-OSI: Atos awarded Golden Certificate by SAP as Global Operations Partner

    Source: GlobeNewswire (MIL-OSI)

    Global News

    20 years of trusted partnership: Atos awarded Golden Certificate by SAP as Global Operations Partner

    Atos is the second SAP Global Operations Partner to date to receive the Golden Certificate

    Paris, France, July 16, 2025 – Atos proudly announces that it has received the Golden Certificate from SAP and is thus certified for the 10th time in a row as SAP® Global Operations Partner. This exemplifies the enduring partnership between Atos and SAP in providing managed services to our clients, ensuring that they meet the highest standards of quality, scope, and global availability. Additionally, Atos has achieved the distinction of being only the second SAP Global Operations Partner to receive the prestigious golden certificate recognizing this significant milestone.

    With more than 10,000 SAP experts worldwide, Atos is a SAP Platinum Partner and has strong expertise and flexible global delivery capabilities. Through its longstanding alliance with SAP, deep industry insights and an extensive partner network, Atos goes beyond technology to meet the needs of customers, employees and business. Since 2004 Atos has always certified all critical global operations service areas. Recently Atos has globally re-newed its certification in five core business areas:

    • Global SAP S/4HANA® solutions operations and works with RISE with SAP
    • Global SAP SuccessFactors® solutions operations
    • Global SAP HANA® operations and works with RISE with SAP
    • Global SAP BTP operations and works with RISE with SAP
    • Global DevOps

    As part of SAP’s audits, four local Atos entities are recognized as SAP Operations Partners holding various SAP operations certifications: India, United States, Germany and Poland. Visit the SAP Operations Partner Guide for details on our local SAP Operations Partner certifications.

    “This certification reflects our dedication to our long and trusted partnership with SAP. Our experts at Atos constantly work hard to both exceed the expectations of our customers as well as further strengthen our partnership with SAP to deliver the best possible outcome. It makes me proud to continue this long-standing partnership”, says Chetan Manjarekar, Atos Senior Vice President and Head of Digital Smart Platforms & Transformation.

    Stefan Kallweit, Partner Engagement Expert at SAP, adds: “We are proud to count Atos among our longstanding global partners, part of a select group of certified organizations that meet our highest standards across all regions. Atos earns our trust especially by their broad expertise across multiple SAP products and their integration.”

    Atos SAP services and accelerators empower organizations to unleash the full potential of SAP Business Suite. By integrating best-in-class SAP S/4HANA Cloud ERP applications, data, and AI solutions we enhance decision-making, improve efficiency, drive innovation and fuel growth. We support our customers end-to-end—guiding them from initial strategy and implementation through ongoing service innovation and management —helping them navigate the complexities of modern business with ease and confidence.

    ***

    About Atos Group

    Atos Group is a global leader in digital transformation with c. 72,000 employees and annual revenue of c. € 10 billion, operating in 68 countries under two brands — Atos for services and Eviden for products. European number one in cybersecurity, cloud and high-performance computing, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Press contact

    Laurent Massicot | laurent.massicot@atos.net | +33 (0)7.69.48.01.80

    Attachment

    The MIL Network

  • MIL-OSI United Kingdom: Longton set to benefit from major investment to improve transport network and public realm

    Source: City of Stoke-on-Trent

    Published: Wednesday, 16th July 2025

    A Stoke-on-Trent town is set to be transformed with major improvements proposed for transport and the public realm.

    Longton will benefit from an initiative which aims to improve pedestrian links between the town’s bus and train stations, the town centre and the Tesco retail park.

    The scheme will also improve congestion and bus services in the town.

    The substantial investment has been supported by funding from the government’s Levelling Up Fund, Bus Service Improvement Plan and Transforming Cities Fund schemes.

    The proposals include:

    • New paving, tree planting and a revised traffic layout for Times Square
    • A new civic space and public realm in front of the town hall
    • Red routes to improve traffic circulation and reduce congestion
    • New pedestrian crossings in the town centre
    • New railings, paving and lighting at Baths Passage as well as a mural which celebrates the history of the town
    • New railings, seating and tree planting at Strand Passage
    • Wider pavements between the train station and Market Street
    • Implementing a one-way system (northbound) on Transport Lane

    Councillor Finlay Gordon-McCusker, cabinet member for transport, regeneration and infrastructure at Stoke-on-Trent City Council, said: “We want to make sure our town centres work for everyone which is why we are maximising this investment by co-ordinating a number of improvement schemes and delivering real benefits for residents.

    “Our overall plan for the town is to create a network of improvements which will enhance the links between the railway and bus stations, the town centre and the retail park.

    “We want to encourage more people into Longton, support existing businesses and provide a more attractive environment for residents, workers, shoppers and visitors. We also want to reduce congestion in the town centre and ensure our bus services remain reliable.”

    People are being invited to have their say on the proposals during a three-week consultation which runs until Wednesday 6 August.

    An online survey can be completed at www.stoke.gov.uk/publicrealm. Alternatively, further details of the proposals will be available in Longton Indoor Market, Tesco Longton and Urban Wilderness CIC, inside the Longton Exchange, from Monday 21 July.

    A public consultation event will also take place at Longton Indoor Market on Friday 1 August.

    The Longton proposals form part of wider £6.5 million public realm plans, which also incorporate Burslem, Longton and Stoke.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Celebrating inclusion and excellence across Plymouth’s schools

    Source: City of Plymouth

    Plymouth City Council is proud to celebrate the outstanding achievements of schools across the city in creating inclusive, supportive, and high-achieving environments for all pupils, including for those with special educational needs and/or disabilities (SEND).

    Ofsted reports from this academic year have praised many of the city’s schools for their commitment to inclusion, high expectations, and tailored support that enables every child to thrive.

    Across Plymouth, schools are demonstrating a deep understanding of pupils’ individual needs. From early identification and bespoke interventions to inclusive classroom practices and strong pastoral care, the city’s education community is working hard to ensure that every child feels valued and supported. Ofsted reports describe schools where “pupils with SEND receive high-quality provision,” “learn with equal success,” and “are fully included in the life of the school.”

    Inspectors highlighted the “exceptional support” provided to pupils with special educational needs and/or disabilities (SEND), noting that “staff skilfully reduce barriers so that pupils with SEND learn successfully” and that “pupils blossom academically, socially and emotionally.”

    Inspectors also noted the positive culture within schools, where “pupils are polite, inclusive and kind,” and where “staff form positive relationships with pupils and their families.” This inclusive approach is helping to build communities where children feel they belong and are empowered to succeed.

    Councillor Sally Cresswell, Cabinet Member for Education, Skills and Apprenticeships, said: “We are incredibly proud of the achievements of our schools this year. These Ofsted comments reflect the dedication of our teachers, support staff and leaders who go above and beyond every day to ensure that all children, whatever their needs, are given the opportunity to achieve and thrive.

    “We are working collectively with our schools and health, social care and education partners to make Plymouth a city where every child has a bright future and we can see that real improvements are being made.

    “As we come to end of this school year, I’d like to say thank you to all of our school staff for their commitment and a big well done to all our children and young people for their hard work and brilliant achievements over the past year.”  

    Another standout theme in Ofsted reports this year is the culture of high expectations in schools across the city. In many cases, inspectors noted that staff are “aspirational and have high expectations for pupils, including those with SEND,” and that “exceptional aspiration for each pupil is at the heart of the curriculum.” This culture empowers pupils to engage fully in their learning, with schools praised for enabling children to “achieve socially, emotionally and academically”.

    In addition to the many positive Ofsted reports, a number of schools have also been recently recognised in the Pearson National Teaching Awards.

    Staff at three schools, Devonport High School for Boys, Ernesettle Community School and Tor Bridge Primary School, won prestigious Silver Awards and are now in with the chance of winning a Gold Award later this year.

    Plymouth City Council’s own adult education provider, On Course South West, also won a Silver Award for the Your Future programme which supports young people with SEND into further education or employment opportunities.

    Two schools, Millbay Academy and Mount Street Primary, also became the first in the city to gain national ‘School of Sanctuary’ accreditation, which recognises their efforts to create a welcoming and inclusive culture for children from families seeking asylum and refuge in Plymouth.  

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Reminder plan ahead: Dawsons Corner and Stanningley Bypass improvements enter next phase

    Source: City of Leeds

    Over four weeks starting on Monday 28 July 2025, road repairs and resurfacing works will take place on the Stanningley Bypass, as part of the £44.179m Dawsons Corner and Stanningley Bypass improvement scheme.

    Road users are now being urged to prepare to plan ahead, as traffic management (contraflow where vehicles are directed to travel in the opposite direction to the normal flow of traffic) works begin later this month to make improvements to the A647/A6120 Dawsons Corner junction, with repairs and resurfacing works on the Stanningley Bypass.

    The work has been planned to coincide with the reduced levels of traffic over the school summer holidays, allowing for these works to progress as quickly as possible with some significant disruption expected to journeys over the coming weeks.

    Traffic management will be in place 24/7 along with 30mph speed limits to help complete this work efficiently and for the safety of all road users. During the set up and switch around of the traffic management, there will be partial closures of the bypass and some of the access/slip roads will have local diversions.  Access to Pudsey train station will be maintained at all times.

    The road traffic management system will safely allow repairs and surfacing works to take place, starting northbound from 8pm Monday 28 July until 11 August and then southbound from 5am Sunday 12 August, until Tuesday 26 August.

    The Owlcotes Shopping Centre slip road will be closed to facilitate changes to the traffic management on the following dates:

    • Monday 28 July 8pm-5am
    • Monday 11 August 8pm-5am
    • Monday 25 August 8pm-5am
    • Tuesday 26 August 8pm-5am (contingency date)

    Over the previous three summer holiday periods the council has carried out Stanningley Bypass joint and resurfacing repairs work, as part of the highway’s annual maintenance programme. The road works involve the repair of over 140 structures on Stanningley Bypass and associated resurfacing works.

    These changes to the junction when complete will reduce congestion and delays, helping to support economic growth across Leeds and Bradford, as well as improve air quality. Improvements will see better traffic flow, with bus journey times reduced and safer crossing facilities for cyclists and pedestrians.

    Councillor Jonathan Pryor, Leeds City Council’s deputy leader and executive member for economy, transport and sustainable development, said:

    “The team are working hard to minimise disruption by planning, co-ordinating and sequencing large highways schemes across Leeds. They need careful planning with other works, not always in our control and events across our busy city. We have done lots of work to try and minimise the disruption these works will create, but what ever the amount of planning there may be some delays.

    “Starting from Monday 28 July, to coincide with four weeks of the school summer holidays, please plan ahead when travelling between Bradford and Leeds (A647) or using the (A6120) outer ring road through Dawsons Corner. You will need to allow extra time for your journeys, be patient and follow the signed road diversions in place. For more information, please see the Dawsons Corner project website https://dawsonscorner.commonplace.is/.

    “We thank everyone for their ongoing patience while we continue to work hard to minimise the disruption over the summer and thank those who have already changed the way they travel into and around the city centre.”

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: LCQ6: Subsidising patients to purchase continuous glucose monitors

    Source: Hong Kong Government special administrative region

         Following is a question by Dr the Hon David Lam and a reply by the Secretary for Health, Professor Lo Chung-mau, in the Legislative Council today (July 16):

    Question:

         It is learnt that a continuous glucose monitor (CGM) is a small sensor that can be inserted under the skin of the arm or abdomen to continuously measure the blood glucose level. Studies have found that using a CGM helps patients with Type 1 diabetes control their conditions and improve their quality of life, as well as reduce the incidence of serious diabetes-related complications. However, there are views pointing out that CGMs need to be replaced every two weeks, placing a considerable financial burden on low-income patient families. In this connection, will the Government inform this Council:

    (1) as it has been reported that the Hong Kong Children’s Hospital currently only provides a limited number of CGMs to young diabetes patients, while the “Jockey Club Support for Young People with Diabetes” funded by the Hong Kong Jockey Club only provides eligible diabetes patients between the ages of 2 and 30 with access to a two-year CGM supply, which fails to meet the long-term needs of the patients, whether the Government knows if the Hospital Authority (HA) will continuously provide young diabetes patients with a full year’s supply of CGMs to cater for their needs; and

    (2) whether it knows if HA will include CGMs in Privately Purchased Medical Items and, through the Samaritan Fund, provide subsidies to diabetes patients in financial need; if HA will, of the details; if not, the reasons for that?

    Reply:

    President,

          Diabetes is one of the common chronic diseases in Hong Kong, with a prevalence of 8.5 per cent among persons aged 15-84 in Hong Kong as indicated in the Population Health Survey 2020-22. Diabetes is mainly classified into Type 1 and Type 2. Type 1 diabetes is caused by the dysfunction of insulin-producing cells, which may be related to hereditary factors, autoimmune disorders or some environmental factors. Type 2 diabetes is caused by the body’s resistance to insulin. Apart from hereditary factors, key factors for developing Type 2 diabetes are associated with unhealthy lifestyle, including dietary patterns, obesity or lack of exercise.

          The Hospital Authority (HA) provides diversified services to support various types of diabetic patients, including general out-patient services and specialist out-patient Diabetes Centre services. The general out-patient services serve patients with relatively stable conditions.  

          Meanwhile, the Diabetes Centres deliver comprehensive consultation and treatment services for patients with more complex conditions, overseen by a team of mainly endocrinologists and specialised diabetes nurses. The Centres provide patients with services including diabetes assessment, consultation, treatment, self-management education, metabolic risk assessment, so as to enable early detection of complications and facilitate appropriate management. Doctors will arrange various tests and treatment plans based on individual circumstances of patients.

          In consultation with the HA, the consolidated reply to the question raised by Dr the Hon David Lam is as follows: 

          All diabetic patients require regular monitoring of their blood glucose levels. The traditional monitoring methods include blood tests and checking of blood glucose levels by home-use blood glucose meters. The continuous glucose monitoring system (CGM) mentioned in the question raised by Dr the Hon David Lam, which involves sensors inserted under the skin for measurement of blood glucose levels at all times and places, serves as a special monitoring tool for particular patients with clinical needs.

         At present, the HA has guideline in place to provide CGM to individual patients with clinical needs for free in a timely manner, mainly for patients who need to monitor their blood glucose levels frequently so as to adjust their treatment plans, such as those requiring multiple daily insulin injections with unstable blood glucose levels, prone to hypoglycaemia, or suffering from hypoglycaemia unawareness. It includes Type 1 and Type 2 paediatric and adult diabetic patients. By collecting hundreds of glucose readings daily, CGM monitors blood glucose control parameters for these patients with specific clinical needs, including time-in-range, glucose variability and trend graphs. This assists the healthcare team in devising more appropriate treatment plans for patients. Additionally, CGM can improve glucose control and reduce the occurrence of hypoglycaemia in diabetic patients prone to hypoglycaemia or those suffering from hypoglycaemia unawareness.

          Nonetheless, not all diabetic patients have the clinical need for CGM. Furthermore, since the CGM needs to be inserted under the skin and worn for extended periods, some patients may experience discomfort or unease, while skin allergies may even occur in some cases. As CGM measures glucose levels in interstitial fluid, the readings provided may slightly lag behind actual blood glucose level and have certain degree of discrepancy. 

          While providing appropriate treatment to patients, the HA must ensure that the limited public healthcare resources are utilised in a rational and optimal manner. In 2024, there were over 658 000 patients with diabetes receiving care from the HA. On this basis, providing CGM with a two-week service lifespan to all diabetic patients continuously for the whole year would not only cause information overload of blood glucose readings to healthcare personnel, but also entail an additional expenditure of several billion dollars per annum. As with the introduction of new drugs and devices, we have to take into account the cost-effectiveness and feasibility when determining the scope of use for individual monitoring devices.

          The HA will continuously review the coverage of relevant services and technology development and, under the principle of optimising the utilisation of limited public resources, evaluate clinical services guidelines, including the use of different suitable testing methods to monitor the blood glucose levels of patients according to the clinical conditions and the actual needs of diabetic patients, so as to ensure the provision of suitable treatment to all patients with diabetes.

         Thank you, President.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Hong Kong Customs seizes live turtles of scheduled endangered species (with photos)

    Source: Hong Kong Government special administrative region

    Hong Kong Customs yesterday (July 15) detected a smuggling case involving a passenger at the Shenzhen Bay Control Point and seized four live turtles of a scheduled endangered species with an estimated market value of about $40,000. The passenger concerned was convicted and sentenced to two months’ imprisonment at the Tuen Mun Magistrates’ Courts today (July 16) for contravening the Protection of Endangered Species of Animals and Plants Ordinance (Cap. 586) and the Prevention of Cruelty to Animals Ordinance (Cap. 169).

    Customs officers intercepted a 43-year-old female passenger yesterday at the Departure Hall of the Shenzhen Bay Control Point for Customs clearance. Upon examination, four live turtles were found wrapped around the woman’s thighs and covered underneath her long skirt. Officers of the Agriculture, Fisheries and Conservation Department (AFCD) attended the scene for inspection and confirmed that the batch of live turtles was of an endangered species listed in the Convention on International Trade in Endangered Species of Wild Fauna and Flora and regulated under the Protection of Endangered Species of Animals and Plants Ordinance (Cap. 586) in Hong Kong. The case was handed over to the AFCD for follow-up investigation and prosecution. 

    Customs reminds the public not to carry controlled items into and out of Hong Kong.

    According to the Protection of Endangered Species of Animals and Plants Ordinance, any person importing, exporting or possessing specimens of endangered species not in accordance with the Ordinance commits an offence and will be liable to a maximum fine of $10 million and imprisonment for 10 years upon conviction with the specimens forfeited.

    Also, according to the Prevention of Cruelty to Animals Ordinance, any person who, by wantonly or unreasonably doing or omitting to do any act, causes any unnecessary suffering to any animal commits an offence and will be liable to a maximum fine of $200,000 and imprisonment for three years upon conviction.

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

    MIL OSI Asia Pacific News

  • MIL-OSI Europe: ASIA/SOUTH KOREA – 10th World Youth Peace Pilgrimage in the Demilitarized Zone: “There can be no world peace without peace on the Korean Peninsula”

    Source: Agenzia Fides – MIL OSI

    Wednesday, 16 July 2025

    Seoul (Agenzia Fides) – “There can be no world peace without peace on the Korean Peninsula”. This is the slogan that young Koreans launched, who gathered in the Demilitarized Zone (a strip of land created in 1953 after the armistice of the Korean War, which serves as a buffer zone and border between the two nations, ed.) for the tenth “Peace Pilgrimage.”This year’s pilgrimage, organized by the Korea Reconciliation Committee of the Archdiocese of Seoul and sponsored by the Ministry of Culture, Sports and Tourism, brought together about 40 young people from the south and north of the peninsula, as well as from various other countries around the world.During the four-day pilgrimage, the young people visited several symbolic places that became places of prayer for a few moments. For example, the Odusan Unification Tower offers spectacular views of the Han and Imjin Rivers flowing into the Yellow Sea, and Hwanghae Province of North Korea in the distance.The young pilgrims also visited Imjingak Park on their way to the Jangsan Observatory near Chopyeongdo Island, famous as a migratory bird habitat and surrounded by barbed wire fences surrounding the military training ground. There, they recited St. Francis of Assisi’s “Prayer for Peace,” together, while the gunfire of soldiers training could be heard in the background.The pilgrims moved to Cheorwon, Gangwon Province, where the Cheorwon Peace Observatory is located above the civilian control line and about 2 km from the North Korean border. Then they headed to the “Ice Cream Plateau” also known as Sapseulbong Plateau. Intense fighting and fierce artillery exchanges between the North and South Korean forces happened on this hill during the Korean War. It earned its nickname “Ice Cream Plateau” because the mountain peak looks like a melting ice cream. Here, where the scars of war still linger, young people discussed how to move forward toward peace.The youth cycled to “Open the Moon Café”. Located at the northernmost point of South Korea, near a civilian control zone checkpoint, it is run by young people from the North and who lived in a group home. After the stop, the group headed to the crematorium for UN Troops in Yeoncheon and the military cemetery for North Korean soldiers.”I heard about this North Korean military cemetery, but it was hard to imagine that such a place actually existed. And of course, the people buried here also had parents, families, and a home,” said Joanna Hwang, a mother of three from the North, who was deeply moved that “even though they were enemies, someone took the time to bury and honor the North Korean soldiers.”On the third day of the pilgrimage, participants walked in silence along a 10-kilometer coastal fence path from Nanjeong Reservoir on Ganghwa Island to Gyodongdo Island Manghyangdae Observatory, praying the rosary.On the final day, the apostles of peace offered Sunday Mass with the intention of peace on the Korean Peninsula and around the world. Finally, the participants also shared their experience of the past four days. (F.B.) (Agenzia Fides, 15/7/2025)

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  • MIL-OSI Europe: ASIA/SOUTH KOREA – 10th World Youth Peace Pilgrimage in the Demilitarized Zone: “There can be no world peace without peace on the Korean Peninsula”

    Source: Agenzia Fides – MIL OSI

    Wednesday, 16 July 2025

    Seoul (Agenzia Fides) – “There can be no world peace without peace on the Korean Peninsula”. This is the slogan that young Koreans launched, who gathered in the Demilitarized Zone (a strip of land created in 1953 after the armistice of the Korean War, which serves as a buffer zone and border between the two nations, ed.) for the tenth “Peace Pilgrimage.”This year’s pilgrimage, organized by the Korea Reconciliation Committee of the Archdiocese of Seoul and sponsored by the Ministry of Culture, Sports and Tourism, brought together about 40 young people from the south and north of the peninsula, as well as from various other countries around the world.During the four-day pilgrimage, the young people visited several symbolic places that became places of prayer for a few moments. For example, the Odusan Unification Tower offers spectacular views of the Han and Imjin Rivers flowing into the Yellow Sea, and Hwanghae Province of North Korea in the distance.The young pilgrims also visited Imjingak Park on their way to the Jangsan Observatory near Chopyeongdo Island, famous as a migratory bird habitat and surrounded by barbed wire fences surrounding the military training ground. There, they recited St. Francis of Assisi’s “Prayer for Peace,” together, while the gunfire of soldiers training could be heard in the background.The pilgrims moved to Cheorwon, Gangwon Province, where the Cheorwon Peace Observatory is located above the civilian control line and about 2 km from the North Korean border. Then they headed to the “Ice Cream Plateau” also known as Sapseulbong Plateau. Intense fighting and fierce artillery exchanges between the North and South Korean forces happened on this hill during the Korean War. It earned its nickname “Ice Cream Plateau” because the mountain peak looks like a melting ice cream. Here, where the scars of war still linger, young people discussed how to move forward toward peace.The youth cycled to “Open the Moon Café”. Located at the northernmost point of South Korea, near a civilian control zone checkpoint, it is run by young people from the North and who lived in a group home. After the stop, the group headed to the crematorium for UN Troops in Yeoncheon and the military cemetery for North Korean soldiers.”I heard about this North Korean military cemetery, but it was hard to imagine that such a place actually existed. And of course, the people buried here also had parents, families, and a home,” said Joanna Hwang, a mother of three from the North, who was deeply moved that “even though they were enemies, someone took the time to bury and honor the North Korean soldiers.”On the third day of the pilgrimage, participants walked in silence along a 10-kilometer coastal fence path from Nanjeong Reservoir on Ganghwa Island to Gyodongdo Island Manghyangdae Observatory, praying the rosary.On the final day, the apostles of peace offered Sunday Mass with the intention of peace on the Korean Peninsula and around the world. Finally, the participants also shared their experience of the past four days. (F.B.) (Agenzia Fides, 15/7/2025)

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  • MIL-OSI Europe: AMERICA/CHILE – Presidential Election: The country in chaos amid violence, corruption, and organized crime

    Source: Agenzia Fides – MIL OSI

    Wednesday, 16 July 2025

    Santiago de Chile (Agenzia Fides) – “I call on the presidential candidates to respect the dignity of their opponents; never to use violence, in any form, as a political method; to be an example of civic culture, generosity, and mutual respect for young people; and to promote ideas, not hatred,” said Cardinal Fernando Garib Chomalì, Archbishop of Santiago de Chile, in an appeal ahead of the upcoming presidential elections to be held in Chile in November.Chilean politics is in a transitional phase, and the 2025 elections are expected to be among the most polarized in Chilean history, with a sharp clash between a radical left and an ultra-conservative right. While on Sunday, July 13, the Republican Party (REP), the Christian Social Party (PSC), and the National Libertarian Party (PNL) sanctioned the birth of the “United Right,” for the first time in Chile’s history, a female candidate will win the left-wing primaries. This candidate is Jeannette Jara, who, however, represents less radical positions than her party.The massive immigration of the past ten years, which has exceeded one million people, combined with an unprecedented wave of violence in Chilean society, has transformed the political landscape. Just a few days ago, current President Gabriel Boric sounded the alarm, denouncing the infiltration of the armed forces by organized crime and the involvement of its members in drug trafficking networks using military resources and logistics.The first round of the presidential election is scheduled for November 16. If no candidate receives more than 50% of the vote, a runoff election will be held on December 14 between the two candidates with the most votes. The members of the National Congress and the president will be elected for the next four years. Boric will not be eligible to run again. (AP) (Agenzia Fides, 16/7/2025)
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  • MIL-OSI Europe: AMERICA/CHILE – Presidential Election: The country in chaos amid violence, corruption, and organized crime

    Source: Agenzia Fides – MIL OSI

    Wednesday, 16 July 2025

    Santiago de Chile (Agenzia Fides) – “I call on the presidential candidates to respect the dignity of their opponents; never to use violence, in any form, as a political method; to be an example of civic culture, generosity, and mutual respect for young people; and to promote ideas, not hatred,” said Cardinal Fernando Garib Chomalì, Archbishop of Santiago de Chile, in an appeal ahead of the upcoming presidential elections to be held in Chile in November.Chilean politics is in a transitional phase, and the 2025 elections are expected to be among the most polarized in Chilean history, with a sharp clash between a radical left and an ultra-conservative right. While on Sunday, July 13, the Republican Party (REP), the Christian Social Party (PSC), and the National Libertarian Party (PNL) sanctioned the birth of the “United Right,” for the first time in Chile’s history, a female candidate will win the left-wing primaries. This candidate is Jeannette Jara, who, however, represents less radical positions than her party.The massive immigration of the past ten years, which has exceeded one million people, combined with an unprecedented wave of violence in Chilean society, has transformed the political landscape. Just a few days ago, current President Gabriel Boric sounded the alarm, denouncing the infiltration of the armed forces by organized crime and the involvement of its members in drug trafficking networks using military resources and logistics.The first round of the presidential election is scheduled for November 16. If no candidate receives more than 50% of the vote, a runoff election will be held on December 14 between the two candidates with the most votes. The members of the National Congress and the president will be elected for the next four years. Boric will not be eligible to run again. (AP) (Agenzia Fides, 16/7/2025)
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  • MIL-OSI Africa: Liquid Intelligent Technologies and DropByDrop partner to drive smart water management across Kenya

    Source: APO

    Liquid Intelligent Technologies (Liquid) (www.Liquid.Tech), a business of Cassava Technologies, a global technology leader of African heritage, has announced a strategic partnership with DropByDrop Water Systems (DropByDrop), a global provider of smart water technologies. This collaboration, which combines Liquid’s extensive network and tailored technology solutions with DropByDrop’s cloud-based water management platform, will deliver smart water solutions to resolve non-revenue water challenges in the country.

    “Water scarcity is a growing challenge across the continent, and managing this precious resource efficiently is more important than ever. Through our partnership with DropByDrop, we’re bringing Liquid’s advanced technology and data-driven solutions to Kenya’s water sector. By helping providers digitise their infrastructure and build smart water ecosystems, we’re empowering them to serve their communities better,” said Neeraj Pradhan, Acting Chief Executive Officer, Liquid Kenya.  

    Addressing non-revenue water challenges is a key focus of this partnership, with reports (http://apo-opa.co/4lzAoaX) indicating that approximately 47% of the water released for distribution in Kenya remains unaccounted for. By reducing these losses through improved leak detection, accurate metering, and real-time monitoring, water utilities can boost revenue collection and unlock greater funding opportunities for water infrastructure development.

    Furthermore, smart water solutions play a crucial role in advancing broader societal and environmental objectives. The data generated supports environmental, social, and governance (ESG) reporting, demonstrates progress towards the UN’s Sustainable Development Goals, and enables informed planning for urban development and infrastructure expansion.

    Liquid’s existing Internet of Things (IoT) infrastructure integrates with DropByDrop’s platform to provide reliable, efficient water delivery based on real-time data. SCADA (Supervisory Control and Data Acquisition) integration enables remote monitoring and control, while geo-asset management ensures that infrastructure is well-maintained. Additionally, remote valve control allows for quick shut-offs or adjustments. The platform’s multilingual design and compatibility with various networks mean more people benefit from accurate billing, usage monitoring, and leak detection alerts.

    “Water is at the heart of life, yet millions still struggle to access it reliably. At DropByDrop, our mission is to harness the power of data and technology to make every drop count. Leveraging Liquid’s extensive infrastructure enables us to scale our advanced water management platform in Kenya. Together, we’re creating a future where water is managed sustainably, equitably, and intelligently,” said Sergey Khorolsky, International Projects Partner of DropByDrop.

    Liquid’s collaboration with DropByDrop underscores the critical role technology plays in addressing everyday challenges. Bringing innovative digital solutions to water management not only enhances service stability but also ensures that users have reliable, data-powered access to this essential resource, while reducing non-revenue water wastage. It also reflects Liquid’s commitment to delivering end-to-end technology solutions that support Africa’s digital transformation journey.

    Distributed by APO Group on behalf of Liquid Intelligent Technologies.

    About Liquid Intelligent Technologies:
    Liquid Intelligent Technologies is a business of Cassava Technologies (Cassava), a technology company of African heritage with operations in 40-plus markets across Africa, the Middle East, and Latin America, where the Cassava group companies operate. Liquid has firmly established itself as the leading provider of pan-African digital infrastructure with a 110,000 km-long fibre broadband network and satellite connectivity that provides high-speed access to the Internet anywhere in Africa. Liquid is also leveraging its digital network to provide Cloud and Cyber Security solutions through strategic partnerships with leading global players. Liquid is a comprehensive technology solutions group that provides customised digital solutions to public and private sector enterprises and SMEs across the continent.

    For more information, visit https://www.Liquid.Tech/.  

    About DropByDrop Water Systems:
    DropByDrop (DBD) is Hardware Vendor Neutral, Multi-protocol Compatible, Cloud-based Smart Water Management Internet of Things (IoT) Platform with Intelligent Billing, Alerts and Geo-Asset Management, SCADA integration and Big Data Analytics capabilities.

    Media files

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    MIL OSI Africa

  • MIL-OSI China: MOFA response to Czech President Pavel lauding successful Taiwan-Czech cooperation at Ukraine Recovery Conference

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to Czech President Pavel lauding successful Taiwan-Czech cooperation at Ukraine Recovery Conference

    July 11, 2025  

    President of the Czech Republic Petr Pavel on July 10 attended the fourth Ukraine Recovery Conference in Rome, where he explained Czech contributions to Ukraine’s reconstruction in an address to a plenary session with heads of state and government. In his remarks, he highlighted a successful project undertaken by the Czech Republic and Taiwan to provide safe drinking water to 380,000 residents of Dnipropetrovsk in eastern Ukraine and deliver power generation equipment to Kharkiv to give local people access to electricity. He stressed that these endeavors were a model of cooperation between like-minded democracies. 

     

    Minister of Foreign Affairs Lin Chia-lung welcomes President Pavel’s public statement and reiterates that Taiwan and the Czech Republic are like-minded democratic partners. Taiwan will continue to work with the Czech Republic and other like-minded nations in Europe on providing humanitarian aid to Ukraine, thereby underscoring staunch support for democracy, freedom, human rights, and peace. 

     

    Since the war between Russia and Ukraine began, the governments of Taiwan and the Czech Republic have signed three memoranda of understanding on cooperation. These address issues such as reconstructing basic infrastructure in Ukraine, including water and electricity, improving Ukraine’s primary healthcare capacity, and supporting the Ukrainian people in efforts to rebuild their country. Taiwan is also cooperating closely with other European nations to assist Ukraine.

    MIL OSI China News

  • MIL-OSI Banking: Lessons from high inflation: tighter monetary policy, two new forecasting models and an open CNB

    Source: Czech National Bank

    High inflation must not be allowed to recur. Thanks to tight monetary policy, open communication and a strong koruna policy, the Czech National Bank (CNB) succeeded in taming double-digit inflation in 2022–2023 and returning it to the 2% target. It then undertook a monetary policy review to make itself better prepared for similar situations in the future. The CNB is now offering an inside look at the discussions behind the change in its approach to preparing key materials for the Bank Board’s monetary policy decision-making, the development of two new forecasting models and the strengthening of its research capacity. It has published on its website the Proceedings of the Czech National Bank Workshop on Monetary Policy: Inflation Targeting Frameworks Under Review, featuring a foreword by CNB Governor Aleš Michl.

    Three years ago, in July 2022, inflation in the Czech Republic stood at 17.5%. The CNB’s forecasting model at the time was recommending further rate hikes above the then level of 7%, but the Bank Board, under the leadership of Governor Aleš Michl, opted for a different strategy. It decided to keep interest rates unchanged until it was confident that inflation was on track to return to the target, and communicated this intention openly to the public and markets. It also supported a strong koruna policy.

    This approach resulted in the strongest exchange rate of the koruna against the euro in history and the tightest monetary conditions in 20 years in spring 2023. Inflation dropped sharply to near the 2% target in January 2024. The average inflation rate for 2024 as a whole was 2.4%, the lowest since 2018.

    The CNB has now published the proceedings of the international Czech National Bank Workshop on Monetary Policy: Inflation Targeting Frameworks Under Review. This concludes the first phase of the external review of its monetary policy analytical and modelling framework. The Bank Board initiated this review in response to the turbulent inflation episode of 2022–2023.

    In his foreword to the proceedings, Governor Aleš Michl presents the rationale behind the decision to openly review the CNB’s monetary policy analytical framework and summarises the Bank’s approach to tackling inflation. He provides a detailed account of the Bank Board’s strategy during the period when inflation neared 18%, noting that traditional macroeconomic models underestimated the impact of global shocks and often failed to forecast inflation accurately. For the first time in its history, the CNB commissioned three independent external reviews of its modelling framework. These focused on the forecasting performance of the core model, its suitability as a sole forecasting tool, and the interaction between monetary and fiscal policy. According to the Governor, a central bank must be able to learn from the past and adapt its tools to a new reality in which the economy is affected by unexpected and difficult-to-model factors. The review of the modelling framework is therefore a key step towards ensuring future price stability.

    Based on the recommendations of the review teams, the CNB has decided to expand its modelling framework. It will develop two new alternative models to complement its existing tools, enabling the Bank to better manage forecast uncertainty and respond to hard-to-predict economic shocks. This aligns with the practice of many other central banks which routinely use multiple forecasting models. The first components are expected to be ready for internal testing in late 2025 and early 2026, with development of the new models continuing throughout 2026.

    The reviewers also recommended strengthening the CNB’s research and data analytics capabilities. On 1 January 2025, the CNB established a new Research and Statistics Department, replacing the former Statistics and Data Support Department. An important task for the new department is to develop alternative macroeconomic models. It will also focus on enhancing the CNB’s data infrastructure and expanding the role of research beyond model development.

    The final versions of all the external evaluations were published on the CNB website in November 2024. In April 2025, the CNB presented these evaluations in detail, along with the conclusions of the first phase of the monetary policy review, at the international Czech National Bank Workshop on Monetary Policy: Inflation Targeting Frameworks Under Review. The outputs of this conference are now available in the Proceedings of the Czech National Bank Workshop on Monetary Policy: Inflation Targeting Frameworks Under Review. In addition to contributions from domestic and international experts – including the former head of the BIS Monetary and Economic Department Claudio Borio and ESCB Monetary Policy Committee Chair Óscar Arce – the publication features a foreword by CNB Governor Aleš Michl summarising the CNB’s approach to monetary policy during the period of elevated inflation and the steps it took to bring inflation down.

    Jakub Holas
    Director, CNB Communications Division

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    MIL OSI Global Banks

  • MIL-OSI Russia: 11 killed, four injured in road accident in Afghanistan

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    KABUL, July 16 (Xinhua) — At least 11 people were killed and four others injured in a highway accident in Afghanistan’s southern Helmand province, provincial police said in a statement on Wednesday.

    The tragedy occurred in the Kariz area of Washir district, along the highway connecting Herat with the capital Kabul. A passenger bus collided head-on with another vehicle, killing 11 passengers on the spot and injuring four others.

    A preliminary investigation has shown that the cause of the accident was careless driving. All the victims were taken to nearby medical centers, where medical personnel described their condition as critical. –0–

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

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    MIL OSI Russia News

  • MIL-OSI Europe: Holy Mass in the Chapel of the Castel Gandolfo Carabinieri Station

    Source: The Holy See

    At 9.00 this morning, the Holy Father Leo XIV celebrated Holy Mass in the Chapel of the Castel Gandolfo Carabinieri Station.
    At the end of Mass, the Holy Father visited the Monastery of the Poor Clares in Albano, dedicated to the Immaculate Conception.
    The following is the homily delivered by the Pope during the Eucharistic Celebration, after the proclamation of the Gospel:
     
    Homily of the Holy Father
    Dear brothers and sisters,
    The Gospel we have heard gives us the authentic Christian meaning of these two words. Brother and sister are names of relation, which we repeat often in the liturgy as a greeting, as a sign of closeness and affection. Jesus, the only-begotten Son of God, explains their meaning in relation to himself and to his Father, revealing a bond stronger than blood, since it involves all of us, uniting every man and every woman. Indeed, we are all truly brothers and sisters of Jesus when we do God’s will, that is, when we live loving each other,as God has loved us.
    Every relationship that God lives, in himself and for us, thus becomes a gift: when his only Son becomes our brother, his Father beomes our Father, and the Holy Spirit, which joins the Father and the Son, comes to dwell in our hearts. God’s love is so great that Jesus does not keep even his mother for himself, giving Mary to us as our mother, in the hour of the cross (cf. Jn 19:27). Only those who live by such full dedication can affirm: “For whoever does the will of my heavenly Father is my brother, and sister, and mother” ( Mt 12:50). In particular, these words let us understand that Mary becomes the mother of Jesus because she listens to the word of God with love; she welcomes it into her own heart and lives it faithfully. Commenting the Gospel passage recalled just now, Saint Augustine therefore wrote that “Mary … is blessed, because she heard the word of God and kept it” ( Sermon 72/A, 7). The meaning of Mary’s life is enshrined in her faithfulness to the Word she received from God: the Word of life she received, carried in her womb and gave to the world.
    Dear friends, the 75 th anniversary of the proclamation of the faithful Virgin, the Virgo fidelis , as Patroness of the Carabinieri Corps, was recently celebrated. Right here in Castel Gandolfo, in 1949 my venerable predecessor Pope Pius XII accepted this beautiful proposal from the general Command of the Corps. After the tragedy of the war, in a period of moral and material reconstruction, Mary’s fidelity to God thus became a model of the fidelity of every Carabiniere towards his homeland and the Italian people. This virtue expresses the devotion, purity, and constancy in commitment to the common good which the Carabinieri protect by guaranteeing public safety and defending the rights of all, especially those in dangerous conditions.
    I therefore wish to express deep gratitude for the noble and demanding service that the Corps provides to Italy and her citizens, as well as to the Holy See and the faithful who visit Rome: I think in particular of the many pilgrims in this Jubilee year.
    Devotion to the faithful Virgin also reflects the motto of the Carabinieri, Nei secoli fedele – faithful throughout the centuries – expressing the sense of duty and abnegation of every member of the Corps, to the point of self-sacrifice. I therefore thank the authorities present, both civil and military, for what you do in the fulfilment of your duties: in the face of injustice, which harms the social order, you do not give in to the termptation of thinking that evil may prevail. Especially in this time of wars and violence, you remain faithful to your oath: as servants of the State, you respond to crime with the force of the law and with honesty. This is how the Carabinieri Corps, the Benemerita , will always be worthy of the respect of the Italian people.
    In this Eucharist, as we celebrate the passion, death and resurrection of the Lord, it is right and dutiful to remember the Carabinieri who have given their lives in the course of duty: I offer as an example to you the venerable Salvo D’Acquisto, awarded the gold medal for military valour, whose cause for beatification is underway. In every mission, may the Virgo fidelis accompany you, watching lovingly over each one of you, your families and your work.

    MIL OSI Europe News

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 15 07 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    15 JULY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,013,053 3.8372    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,013,053 3.8372    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 1,415 438.923p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16 JULY 2025
    Contact name: PHIL HULME
    Telephone number: 01253 376551

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 15 07 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    15 JULY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,013,053 3.8372    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,013,053 3.8372    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 1,415 438.923p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16 JULY 2025
    Contact name: PHIL HULME
    Telephone number: 01253 376551

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: HTX Rolls Out Multi-Layered Incentives to Welcome Users Into the Next Frontier in the Golden Age of Stablecoins

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, July 16, 2025 (GLOBE NEWSWIRE) — HTX, a leading global cryptocurrency exchange is launching a series of stablecoin-focused campaigns to accelerate user onboarding and expand stablecoin adoption across its platform, positioning itself at the forefront of a structural evolution in the crypto economy. This move comes as global financial institutions like Mastercard and Morgan Stanley rapidly enter the stablecoin market, following the implementation of Hong Kong’s Stablecoins Bill and the U.S. GENIUS Act. These initiatives aim to leverage favorable global regulatory trends and offer a comprehensive range of rewards, from airdrops to trading bonuses.

    Campaign 1: New Users Exclusive — Draw up to 200 USDT Instantly after Signup

    From July 7, 16:00 to July 24, 15:59 (UTC), new users who register on HTX will receive a free lucky draw chance to win up to 200 USDT. Completing additional tasks, such as initial deposit, spot trade, or futures trade, can unlock further rewards for each new user, totaling up to 700 USDT. Daily spot and futures trading challenges provide even more bonuses. Moreover, completing the exclusive limited-time challenges can net up to 600 USDT.

    *Event details: https://www.htx.com/en-us/welfare/

    Campaign 2: Refer Friends and Share a $100,000 Stablecoin Prize Pool

    Between July 9, 10:00 and July 20, 10:00 (UTC), invite friends to register and trade on HTX, both inviters and their invitees will earn rewards in USD1, USDC, USDT, and more. The more friends you refer, the more you can earn! Upon successful signup and login by your invitee, you’ll receive a Mystery Box worth up to 20 USDT. If your invitee reaches a qualifying trading volume, you’ll snap three additional Mystery Boxes, and your friend will unlock two more. Each box contains rewards worth up to 1,500 USDT. Additionally, you can earn up to a 20% boost on your referral bonus by inviting a certain number of valid invitees, i.e. new users who sign up on HTX using your referral link and reach a cumulative trading volume of ≥10 USDT on designated USD1, USDT, USDC pairs during the event. Each inviter can get up to 600 USDT from the $50,000 prize pool.

    *Event details: https://www.htx.com/support/25006291608056

    Campaign 3: Trade Spot USD Stablecoins and Share $100,000 in Rewards

    From July 10, 10:00 to July 24, 10:00 (UTC), trade eligible stablecoin pairs including BTC/USD1, ETH/USD1, and BTC/USDT to claim your share of a $100,000 prize pool. New users completing trading tasks can win up to 5,000 USDT in token airdrops and Cashback Vouchers. Deposit USD1 to HTX from external wallets and split a $5,000 reward pool based on net deposit volume. In addition, trade specified stablecoin pairs and join the leaderboard for a chance to win up to 12,000 USDT. There is a noteworthy chance to win a Xiaomi YU7 SUV by joining the team trading contest.

    *Event details: https://www.htx.com/support/75006190718889

    As global stablecoin regulations begin to crystallize, these assets are becoming the primary bridge between traditional finance and the decentralized future. HTX is aligning with this macro trend by launching a diversified suite of user incentives designed to lower the entry barrier and enhance capital efficiency across its stablecoin ecosystem.

    Looking ahead, HTX remains committed to compliance-driven innovation and product development. By offering a secure, seamless, and regulated trading environment, the platform aims to empower more users to unlock the full potential of decentralized finance.

    About HTX

    Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

    As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

    To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord. For further inquiries, please contact glo-media@htx-inc.com.

    Disclaimer: This content is provided by HTX. 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/153a3609-b8ef-4dae-97f9-070912172f1b

    The MIL Network

  • MIL-Evening Report: Ken Henry urges nature law reform after decades of ‘intergenerational bastardry’

    Source: The Conversation (Au and NZ) – By Phillipa C. McCormack, Future Making Fellow, Environment Institute, University of Adelaide

    Former Treasury Secretary Ken Henry has warned Australia’s global environmental reputation is at risk if the Albanese government fails to reform nature laws this term.

    In his speech to the National Press Club on Wednesday, Henry said reform was needed to restore nature and power the net zero economy.

    Speaking as chair of the Australian Climate and Biodiversity Foundation, Henry said with “glistening ambition”, Australia can “build an efficient, jobs-rich, globally competitive, high-productivity, low-emissions nature-rich economy”.

    The speech comes at a crucial time for nature law reform in Australia. The new Environment Minister Murray Watt has committed to prioritise reform, after the Albanese government failed to achieve substantial changes to these laws in the last parliament.

    On Wednesday, Henry condemned previous failed attempts to reform the laws. He described delays in improving environmental management as “a wilful act of intergenerational bastardry”.

    The need for fundamental reform

    The Albanese government abandoned efforts to pass important reforms in its first term.

    Environment Minister Murray Watt has committed to achieving reforms within 18 months, acknowledging “our current laws are broken”.

    In his speech on Wednesday, Henry agreed with this sentiment. He described the Environment Protection and Biodiversity Conservation Act as “a misnomer, if ever there was one”.

    Henry is both a former Treasury Secretary and former chair of National Australia Bank. He also wrote Australia’s most important white paper on tax reform.

    Henry has previously said environmental law reform could be a template for other essential, difficult law reform, such as fixing Australia’s broken tax system.

    He understands Australia’s broken environmental laws. In 2022-23, he led an independent review into nature laws in New South Wales. That review found the laws were failing and would never succeed in their current form.

    At the start of his speech on Wednesday, Henry came close to tears when he acknowledged Greens Senator Sarah Hansen-Young’s support for those who look after injured and orphaned native animals.

    As a bureaucrat in Canberra, Henry also used to rescue injured animals and nurse them back to health.

    Logging and land clearing for development destroys koala habitat.
    Pexels, Pixabay, CC BY

    Big challenges ahead

    As Henry noted on Wednesday, Australia faces enormous challenges. These include the need to rapidly build more housing and triple renewable energy capacity by 2030.

    But before building suburbs, wind farms, transmission lines, mines and roads, projects need to be assessed for their potential to harm the environment.

    Henry on Wednesday called for sweeping changes, drawing on Graeme Samuel’s 2019-20 review of the EPBC Act. The changes include:

    • genuine cooperation across all levels of government, industry and the community
    • high-integrity evidence to inform decision making
    • clear, strong and enforceable standards applied nationwide
    • an independent and trusted decision-maker, in the form of a national Environment Protection Authority
    • a natural capital market, which – if well-designed – could provide a financial incentive for nature restoration and carbon storage in the form of tradable credits.

    Without the reforms, Henry said, Australia would not “retain a shred of credibility” for two global commitments: reaching net zero emissions, and halting and reversing biodiversity loss.

    The net zero commitment is at risk because existing laws are not sufficient to protect carbon sinks, such as forests. The roll out of renewable energy is also being slowed by inefficient approvals processes.

    Henry said the concept of “ecologically sustainable development”, which seeks to balance economic, social, and economic goals, needs serious rethinking. This concept has been the foundation of environment policy in Australia, including the EPBC Act, for the past 30 years.

    Henry wrote the first Intergenerational Report for the federal government in 2002. He has criticised governments for allowing environmental destruction that will leave future generations worse off.

    He has variously described Australia’s failure to steward our natural resources as an intergenerational tragedy, as intergenerational theft, and a wilful act of intergenerational bastardry – claims he repeated on Wednesday.

    Making money grow on trees

    Henry grew up on the Mid North Coast of NSW where his father, a worker in the timber industry, helped log native forests.

    Land clearing is the main threat to Australian biodiversity, and preventing native vegetation loss would also cut greenhouse gas emissions.

    The foundation Henry chairs advocates for the protection and restoration of Australia’s native forests. Henry has previously backed a plan to store carbon in native forests, which would mean trees were protected and not cut down.

    In his Press Club address, Henry lamented ongoing land clearing, poor fire management in remnant forests, and logging of habitat for endangered species such as the koala and the greater glider. He also called for nature laws that enable projects to be delivered in a way that not only protects but also restores nature. For instance, he said carbon credits could help fund the Great Koala National Park proposed for NSW.

    Logging continues in old growth native forest.
    Chris Putnam/Future Publishing via Getty Images

    What’s the Australian government doing?

    Despite Murray Watt’s stated commitment to nature law reform, there are signs the environment may again come off second-best.

    At a recent meeting with key stakeholders, including industry and environment groups, Watt said compromise was needed. He warned environmental protections must come with streamlined project approvals “to improve productivity”.

    Henry on Wednesday acknowledged faster approvals were needed, saying:

    We simply cannot afford slow, opaque, duplicative and contested environmental planning decisions based on poor information mired in administrative complexity.

    But he said faster approvals should not come at a greater cost to nature. In his words:

    with due acknowledgement of the genius of AC/DC, there is no point in building a faster highway to hell.

    Henry said the current parliament has time to put the right policy settings in place. The remedies also enjoy broad stakeholder support. “We’ve had all the reviews we need,” he said. “All of us have had our say. It is now up to parliament. Let’s just get this done.”

    Phillipa C. McCormack receives funding from the Australian Research Council, Natural Hazards Research Australia, the National Environmental Science Program, Green Adelaide and the ACT Government. She is a member of the National Environmental Law Association and affiliated with the Wildlife Crime Research Hub.

    ref. Ken Henry urges nature law reform after decades of ‘intergenerational bastardry’ – https://theconversation.com/ken-henry-urges-nature-law-reform-after-decades-of-intergenerational-bastardry-261167

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Ken Henry urges nature law reform after decades of ‘intergenerational bastardry’

    Source: The Conversation (Au and NZ) – By Phillipa C. McCormack, Future Making Fellow, Environment Institute, University of Adelaide

    Former Treasury Secretary Ken Henry has warned Australia’s global environmental reputation is at risk if the Albanese government fails to reform nature laws this term.

    In his speech to the National Press Club on Wednesday, Henry said reform was needed to restore nature and power the net zero economy.

    Speaking as chair of the Australian Climate and Biodiversity Foundation, Henry said with “glistening ambition”, Australia can “build an efficient, jobs-rich, globally competitive, high-productivity, low-emissions nature-rich economy”.

    The speech comes at a crucial time for nature law reform in Australia. The new Environment Minister Murray Watt has committed to prioritise reform, after the Albanese government failed to achieve substantial changes to these laws in the last parliament.

    On Wednesday, Henry condemned previous failed attempts to reform the laws. He described delays in improving environmental management as “a wilful act of intergenerational bastardry”.

    The need for fundamental reform

    The Albanese government abandoned efforts to pass important reforms in its first term.

    Environment Minister Murray Watt has committed to achieving reforms within 18 months, acknowledging “our current laws are broken”.

    In his speech on Wednesday, Henry agreed with this sentiment. He described the Environment Protection and Biodiversity Conservation Act as “a misnomer, if ever there was one”.

    Henry is both a former Treasury Secretary and former chair of National Australia Bank. He also wrote Australia’s most important white paper on tax reform.

    Henry has previously said environmental law reform could be a template for other essential, difficult law reform, such as fixing Australia’s broken tax system.

    He understands Australia’s broken environmental laws. In 2022-23, he led an independent review into nature laws in New South Wales. That review found the laws were failing and would never succeed in their current form.

    At the start of his speech on Wednesday, Henry came close to tears when he acknowledged Greens Senator Sarah Hansen-Young’s support for those who look after injured and orphaned native animals.

    As a bureaucrat in Canberra, Henry also used to rescue injured animals and nurse them back to health.

    Logging and land clearing for development destroys koala habitat.
    Pexels, Pixabay, CC BY

    Big challenges ahead

    As Henry noted on Wednesday, Australia faces enormous challenges. These include the need to rapidly build more housing and triple renewable energy capacity by 2030.

    But before building suburbs, wind farms, transmission lines, mines and roads, projects need to be assessed for their potential to harm the environment.

    Henry on Wednesday called for sweeping changes, drawing on Graeme Samuel’s 2019-20 review of the EPBC Act. The changes include:

    • genuine cooperation across all levels of government, industry and the community
    • high-integrity evidence to inform decision making
    • clear, strong and enforceable standards applied nationwide
    • an independent and trusted decision-maker, in the form of a national Environment Protection Authority
    • a natural capital market, which – if well-designed – could provide a financial incentive for nature restoration and carbon storage in the form of tradable credits.

    Without the reforms, Henry said, Australia would not “retain a shred of credibility” for two global commitments: reaching net zero emissions, and halting and reversing biodiversity loss.

    The net zero commitment is at risk because existing laws are not sufficient to protect carbon sinks, such as forests. The roll out of renewable energy is also being slowed by inefficient approvals processes.

    Henry said the concept of “ecologically sustainable development”, which seeks to balance economic, social, and economic goals, needs serious rethinking. This concept has been the foundation of environment policy in Australia, including the EPBC Act, for the past 30 years.

    Henry wrote the first Intergenerational Report for the federal government in 2002. He has criticised governments for allowing environmental destruction that will leave future generations worse off.

    He has variously described Australia’s failure to steward our natural resources as an intergenerational tragedy, as intergenerational theft, and a wilful act of intergenerational bastardry – claims he repeated on Wednesday.

    Making money grow on trees

    Henry grew up on the Mid North Coast of NSW where his father, a worker in the timber industry, helped log native forests.

    Land clearing is the main threat to Australian biodiversity, and preventing native vegetation loss would also cut greenhouse gas emissions.

    The foundation Henry chairs advocates for the protection and restoration of Australia’s native forests. Henry has previously backed a plan to store carbon in native forests, which would mean trees were protected and not cut down.

    In his Press Club address, Henry lamented ongoing land clearing, poor fire management in remnant forests, and logging of habitat for endangered species such as the koala and the greater glider. He also called for nature laws that enable projects to be delivered in a way that not only protects but also restores nature. For instance, he said carbon credits could help fund the Great Koala National Park proposed for NSW.

    Logging continues in old growth native forest.
    Chris Putnam/Future Publishing via Getty Images

    What’s the Australian government doing?

    Despite Murray Watt’s stated commitment to nature law reform, there are signs the environment may again come off second-best.

    At a recent meeting with key stakeholders, including industry and environment groups, Watt said compromise was needed. He warned environmental protections must come with streamlined project approvals “to improve productivity”.

    Henry on Wednesday acknowledged faster approvals were needed, saying:

    We simply cannot afford slow, opaque, duplicative and contested environmental planning decisions based on poor information mired in administrative complexity.

    But he said faster approvals should not come at a greater cost to nature. In his words:

    with due acknowledgement of the genius of AC/DC, there is no point in building a faster highway to hell.

    Henry said the current parliament has time to put the right policy settings in place. The remedies also enjoy broad stakeholder support. “We’ve had all the reviews we need,” he said. “All of us have had our say. It is now up to parliament. Let’s just get this done.”

    Phillipa C. McCormack receives funding from the Australian Research Council, Natural Hazards Research Australia, the National Environmental Science Program, Green Adelaide and the ACT Government. She is a member of the National Environmental Law Association and affiliated with the Wildlife Crime Research Hub.

    ref. Ken Henry urges nature law reform after decades of ‘intergenerational bastardry’ – https://theconversation.com/ken-henry-urges-nature-law-reform-after-decades-of-intergenerational-bastardry-261167

    MIL OSI AnalysisEveningReport.nz