Category: Transport

  • MIL-OSI: Claimable Honored in Fast Company’s 2025 World Changing Ideas Awards

    Source: GlobeNewswire (MIL-OSI)

    Annual Awards Recognize Innovative Companies and Projects Addressing the World’s Most Urgent Challenges

    Recognition Follows Claimable’s Launch of GLP-1 Support, Helping Patients Navigate One of the Most Denied Treatments in the U.S.

    SACRAMENTO, Calif., June 10, 2025 (GLOBE NEWSWIRE) — Claimable is proud to announce that it has been named to Fast Company’s 2025 World Changing Ideas Awards list. This annual recognition honors bold and transformative efforts that tackle the world’s most pressing issues—from fresh sustainability initiatives and cutting-edge AI developments to ambitious pursuits of social equity helping mold the world.

    Every year, 850 million healthcare claims are denied, forcing millions of Americans to choose between medical care and financial stability. Claimable is tackling this healthcare crisis with the first AI-powered appeals platform, helping patients and providers fight back against unjust denials. Patients upload their denial notice and insurance information, answer a few questions, and Claimable does the rest, analyzing clinical research, policy details, appeals data, and their unique medical story to generate and submit a customized appeal in minutes.

    This year’s awards showcase 100 outstanding projects. A panel of Fast Company editors and reporters selected the winners from a pool of more than 1,500 entries and judged applications based on their impact, sustainability, design, creativity, scalability, and ability to improve society.

    “The World Changing Ideas Awards have always been about showcasing the art of the possible,” says Fast Company editor-in-chief Brendan Vaughan. “We’re proud to recognize the organizations and leaders that are making meaningful progress on the biggest issues of our time.”

    Since launching in late 2024, Claimable has recovered nearly $6 million for patients, boasting an over 80% success rate across more than 70 commonly denied treatments, including autoimmune and migraine medications, IVIG for children with PANS/PANDAS, and now GLP-1s for obesity and type 2 diabetes. For the millions facing treatment delays or crushing medical debt, Claimable offers hope, making the appeals process simple, fast, and effective, getting patients the care they deserve.

    “We’re using AI to solve a deeply human problem,” said Claimable Co-Founder and Chief AI Officer Zach Veigulis. “Fast Company’s recognition reinforces what we’ve always believed at Claimable, that AI can be used to make life better. At a time when technology is often used to cut costs and deny care, we’re proving it can expand access and return power to patients.”

    This recognition comes as Claimable expands its impact with support for GLP-1 medication appeals. One of today’s most denied treatment categories, GLP-1s like Ozempic, Mounjaro, Zepbound, and Wegovy have transformed care for people with obesity and type 2 diabetes. However, patients are often denied access due to formulary exclusions, overly restrictive eligibility criteria, or insurer mandates to “fail first” on older or less effective treatments. With over 137 million U.S. adults now eligible for GLP-1 support, Claimable offers patients and providers a purpose-built solution designed to overcome the unique challenges of GLP-1 coverage denials.

    “Insurance denials aren’t just a paperwork issue, they’re a public health crisis hiding in plain sight,” said Alicia Graham, co-founder and COO at Claimable. “While others patch old systems, we’re building something entirely new. We’re reimagining how healthcare access should work, using technology to turn the tables on a system that’s stacked against patients. That’s why we’ve built Claimable alongside the people most affected: patients and providers. Our platform works because it doesn’t just make appeals faster, it makes them smarter, giving people the best chance to win.”

    Claimable is available nationwide and accepts denials from all insurance providers, including Medicare, Medicaid, United Healthcare, Anthem, Aetna, Cigna, and BCBS plans. To learn more about Claimable and all the treatments they support, visit www.getclaimable.com

    ABOUT CLAIMABLE
    Claimable revolutionizes the way patients and providers fight healthcare denials, helping ensure everyone has access to the care they need and the coverage they deserve. The platform leverages purpose-built AI to analyze clinical research, policy details, appeals data, and patients’ unique medical stories, generating and submitting customized appeals in minutes. Claimable is available nationwide, accepting denials from all insurance providers, including Medicare and Medicaid. A NVIDIA Inception Program member, Claimable continues to push the boundaries of AI innovation in healthcare. For more information: www.getclaimable.com

    Contact:
    Emily Fox
    press@getclaimable.com 

    The MIL Network

  • MIL-OSI: Executive Order “Unleashing American Drone Dominance” -– Draganfly Selected by Southern Border Cochise County Sheriff’s Department for Drone Pilot Program.

    Source: GlobeNewswire (MIL-OSI)

    Tampa, FL, June 10, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its selection by the Cochise County Sheriff’s Department to support a new drone pilot program aimed at enhancing surveillance and operations along the southern border. This initiative aligns with President Donald J. Trump’s executive order, “Unleashing American Drone Dominance,” which seeks to reassert America’s leadership in unmanned aerial systems for security and defense.

    The Cochise County Sheriff’s Department, recognized nationally for its innovative use of technology in law enforcement, has previously implemented high-resolution camera networks, sensor-integrated mobile units, and ground surveillance radar systems. These efforts have garnered commendations and visits from President Trump and Vice President JD Vance, highlighting the department’s leadership in border enforcement and technological integration.

    “The southern border is one of America’s most critical national security frontiers,” said Captain Tim Williams of Cochise County Sheriff’s Department. “Our department has always been committed to leveraging the best tools available. With Draganfly as our drone partner, we’re entering the next phase of smart border enforcement. Their systems will enhance our ability to protect communities, manage humanitarian concerns, and respond rapidly to evolving threats.”

    Under this new pilot program, the department will deploy the Draganfly family of drones for extended border surveillance, quick-response missions and nighttime operations. Draganfly’s drones are known for their adaptability and multi-mission capabilities, providing law enforcement and public safety operators the ability to execute a variety of operating tactics and capabilities from a single vehicle, with a variety of configurations available to support various payload and range demands. Draganfly products are capable of integrating with a variety of incumbent hardware and software solutions, including TAK(Team Awareness Kit) network compatibility, enabling a seamless integration with existing capabilities.

    “We are honored to be working with the Cochise County Sheriff’s Department on this historic program,” said Cameron Chell, CEO of Draganfly. “Their team represents some of the best of American law enforcement—innovation-focused, community-minded, and mission-ready. This project embodies the spirit of President Trump’s executive order and sets a gold standard for how drone technology should be used to secure national borders.”

    This initiative not only reinforces the department’s legacy of operational excellence but also positions Cochise County as a national model for technology-enabled border enforcement.

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize how organizations can do business and serve their stakeholders. Recognized as being at the forefront of technology for over 25 years, Draganfly is an award-winning industry leader serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.

    NASDAQ (DPRO)
    CSE (DPRO)
    FSE (3U8)

    Media Contact:
    Erika Racicot
    Email: media@draganfly.com

    Company Contact:
    Email: info@draganfly.com

    Forward-Looking Statements

    This release contains certain “forward looking statements” and certain “forward-looking ‎‎‎‎information” as ‎‎‎‎defined under applicable securities laws. Forward-looking statements ‎‎‎‎and information can ‎‎‎‎generally be identified by the use of forward-looking terminology such as ‎‎‎‎‎“may”, “will”, “expect”, “intend”, ‎‎‎‎‎“estimate”, “anticipate”, “believe”, “continue”, “plans” or similar ‎‎‎‎terminology. Forward-looking statements ‎‎‎‎and information are based on forecasts of future ‎‎‎‎results, estimates of amounts not yet determinable and ‎‎‎‎assumptions that, while believed by ‎‎‎‎management to be reasonable, are inherently subject to significant ‎‎‎‎business, economic and ‎‎‎‎competitive uncertainties and contingencies. Forward-looking statements ‎‎‎‎include, but are not ‎‎‎‎limited to, statements with respect to Draganfly’s drones being known for their adaptability and multi-mission capabilities, providing law enforcement and public safety operators the ability to execute a variety of operating tactics and capabilities from a single vehicle, with a variety of configurations available to support various payload and range demands, as well as their capable of integrating with a variety of incumbent hardware and software solutions, including TAK network compatibility, enabling a seamless integration with existing capabilities. Forward-‎‎‎‎looking statements and information are subject to various ‎known ‎‎and unknown risks and ‎‎‎‎‎uncertainties, many of which are beyond the ability of the Company to ‎control or ‎‎predict, that ‎‎‎‎may cause ‎the Company’s actual results, performance or achievements to be ‎materially ‎‎different ‎‎‎‎from those ‎expressed or implied thereby, and are developed based on assumptions ‎about ‎‎such ‎‎‎‎risks, uncertainties ‎and other factors set out here in, including but not limited to: the potential ‎‎‎‎‎‎‎impact of epidemics, ‎pandemics or other public health crises, including the ‎COVID-19 pandemic, on the Company’s business, operations and financial ‎‎‎‎condition; the ‎‎‎successful integration of ‎technology; the inherent risks involved in the general ‎‎‎‎securities markets; ‎‎‎uncertainties relating to the ‎availability and costs of financing needed in the ‎‎‎‎future; the inherent ‎‎‎uncertainty of cost estimates; the ‎potential for unexpected costs and ‎‎‎‎expenses, currency ‎‎‎fluctuations; regulatory restrictions; and liability, ‎competition, loss of key ‎‎‎‎employees and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s most recent filings filed ‎‎‎with securities regulators in Canada on ‎the SEDAR ‎‎‎‎website at www.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed, and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎

    The MIL Network

  • MIL-OSI: Orezone Intercepts Further High-Grade Mineralization at Bomboré Including 11.33 g/t Gold Over 11.00m and 10.28 g/t Gold Over 5.00m

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, June 10, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to provide additional drill results from its ongoing multi-year exploration campaign at its flagship Bomboré Gold Mine. These latest results are from multiple targets identified along the broader 14km long reserve defined Bomboré gold system, which remains open for further expansion.

    Selected Drill Highlights1:

    • 11.33g/t Au over 11.00m (BBC6960)
    • 10.28g/t Au over 5.00m (BBC7132)
    • 6.79g/t Au over 8.00m and 2.22g/t Au over 14.00m (BBC7141)
    • 7.40g/t Au over 6.70m (BBD1124)
    • 6.61g/t Au over 4.15m (BBD1341)
    • 2.96g/t Au over 10.00m (BBC7158)
    • 1.84g/t Au over 15.70m (BBD1346)
    • 1.53g/t Au over 17.00m (BBC7148)
    • 1.45g/t Au over 14.10m (BBD1344)
    • 1.23g/t Au over 9.65m (BBD1329)

    Patrick Downey, President and CEO stated, “These latest drill results further underscore the significant exploration upside at Bomboré and clearly illustrate that the broader system remains open to depth, along strike and outside of the currently delineated mineralized trends. At P17, drilling was successful in tracing higher-grade sub-zone mineralization a further 300m down plunge, while wide spaced step-out drilling at P16 and Siga have extended mineralization a respective 600m and 550m along strike. As we ramp up our exploration efforts at Bomboré, we continue to re-evaluate and update the project’s existing exploration framework. The latest results also provide clear evidence that the hanging wall and footwall of the broader 14km long reserve defined system are prospective for additional near-surface discoveries, which was not previously recognized.

    While Bomboré currently hosts a stated 5 million ounce global resource, which is the basis for the ongoing production expansion to 220,000 to 250,000 ounces per annum, the results of the current exploration program continue to provide support for the Company’s long-term targeted resource base of 7 to 10 million ounces.”

    P17 Trend: Higher-Grade Sub-Zones

    Drilling at P17 was successful in further illustrating the down plunge continuity of the higher-grade sub-zones, the highlight of which was an intercept of 7.40g/t Au over 6.70m (BBD1124), which marks a 300m down plunge extension from the previously reported 11.52g/t Au over 10.60m (BBD1081, Figure 3). Other notable sub-zone intercepts from this recent round of drilling include 5.22g/t Au over 4.00m (BBD1346), 20.14g/t Au over 2.00m (BBD1341) and 15.61g/t Au over 1.00m (BBD1335).

    While the Company continues to define the structural setting of the P17 Trend, and further develop a predictive model for future sub-zone targeting, a key takeaway from the recent drilling was a better understanding of the controls of the higher-grade mineralization which comprise these sub-zones. It is now recognized that the higher-grades are associated with a later-stage quartz veining event, within which multiple occurrences of visible gold were observed for the first time (Figure 1). This marks an important development in the Company’s understanding of the Bomboré system, which to date has been focused on a low grade, bulk tonnage open pit model. While still early-stage, the Company continues to evaluate the sub-zones along the P17 Trend, and other localized higher-grade areas along the broader 14km system, as future potential sources of higher-grade underground feed, beneath the open pits.

    Figure 1: P17 Drill Core Photos – highlighting visible gold within higher-grade sub-zone

    P17 Trend: selected high-grade sub-zone intercepts (previously reported):

    • 14.67g/t Au over 6.0m (BBD1066)
    • 16.58g/t Au over 4.6m (BBD0991)
    • 11.52g/t Au over 10.6m (BBD1081)
    • 9.44g/t Au over 10.0m (TYD0041)
    • 8.47g/t Au over 6.0m (BBD1132)
    • 7.08g/t Au over 7.0m (TYC0123)
    • 7.62g/t Au over 5.5m (TYD0035)

    Near Surface Strike Extensions

    In addition to extending the Bomboré mineral system to depth, and defining higher-grade sub-zones within, further delineating near-surface strike extensions to multiple resource areas continues to be another important area of investigation. A highlight of such recent targeting was at P16, where a series of step-out holes successfully identified mineralization an additional 600m to the north (Figure 2), as supported by intercepts of 0.92g/t Au over 14.35m (BBD1348), 0.71g/t Au over 9.00m (BBD1349), 0.68g/t Au over 17.00m (BBD1338) and 1.27g/t Au over 5.00m (BBC7180). These initial step-out results support the interpretation that P16 is a sub-parallel trend to the P17 Trend, which significantly expands the exploration model and potential within this area of the project.

    Future targeting of the P16 strike extension will be centered on backfill drilling, with the goal of delineating open pittable near-surface mineralization, as well as to further investigate the potential for higher-grade sub-zones, as is observed within the P16 resource area.

    P16 Trend: selected high-grade sub-zone intercepts (previously reported):

    • 10.63g/t Au over 14.0m (BBD0448)
    • 16.50g/t Au over 5.0m (BBD0448)
    • 9.03g/t Au over 12.0m (BBC3241)
    • 6.69g/t Au over 15.5m (BBD0443)
    • 5.91g/t Au over 15.0m (BBD0447)
    • 7.82g/t Au over 9.0m (BBD0213)
    • 58.91g/t Au over 3.0m (BBD0768)

    At Siga, initial testing of the southern strike extension yielded encouraging results, with mineralization intercepted approximately 550m to the south of the current mineral resource. This area of the project has not been previously explored with results of the initial scout drilling returning 5.93g/t Au over 0.85m and 6.35g/t Au over 1.00m (BBD1340). Follow-up drilling will comprise a series of wide spaced backfill fences to further delineate this broad southern extension.

    Additionally, significant potential remains to extend resources to the north of the existing open pit designs in the North Zone. Localized 50-100m step-outs along the broader North Zone strike extension have demonstrated promising continuity, with initial results of 2.22g/t Au over 14.00m and 6.79g/t Au over 8.00m (BBC7141) and 2.21g/t Au over 7.00m (BBC7201). Further drilling along this northern strike extension, which has seen limited testing to date, is planned for upcoming campaigns.

    Expanding Exploration Model

    In addition to testing the extent of known mineralization, the Company continues to challenge the broader exploration model at Bomboré. The previously established exploration framework was centered on gold mineralization being confined to the Bomboré Shear Zone, with limited prospects within the hanging wall and footwall of the broader system. However, more recent targeted drilling, and local surface excavations outside of the mining lease, provide evidence to the contrary. Initial testing within the immediate hanging wall to the Siga Zone has led to the discovery of the HK Zone (Figure 2), which is marked by intercepts of 11.33g/t Au over 11.00m (BBC6960), 10.28g/t Au over 5.00m (BBC7132), 1.35g/t Au over 9.00m (BBC6976), and 1.46g/t Au over 6.00m (BBC7120).

    With the prospects of identifying additional high-grade centers of mineralization outside of the Bomboré Shear Zone, the Company has recently commenced a near-mine and regional air core drill program, comprising a series of wide spaced drill fences within the mining lease and surrounding exploration tenements.

    Figure 2 – Bomboré Plan Map Highlighting Selected Intercepts

    Figure 3 – P17 Composite Long Section Highlighting Selected Intercepts (Looking West)

    Table 1 – Highlight Drill Intercepts

    Hole Zone Easting Northing Elv. Dip Azi. EOH
    (m)
    From
    (m)
    To
    (m)
    Length*
    (m)
    Grade
    (g/t Au)
    Type
    BBD0206 P17 730599 1344300 267 -50 270 155 125.00 128.00 3.00 1.79 HR
    BBD1069 P17 S 730270 1343125 261 -51 270 277 225.00 226.00 1.00 9.53 HR
    and               251.75 260.60 8.85 1.39 HR
    incl.               257.60 259.60 2.00 3.58 HR
    BBD1084 P17 S 730355 1343175 261 -52 270 437 314.00 317.95 3.95 2.36 HR
    BBD1104 P17 S 730365 1343250 261 -52 269 401 355.00 358.00 3.00 2.09 HR
    incl.               357.00 358.00 1.00 5.17 HR
    BBD1124 P17 S 730425 1343375 261 -49 272 495 459.00 465.70 6.70 7.40 HR
    and               480.00 485.00 5.00 2.09 HR
    BBD1131 North Zone 730395 1343325 261 -51 270 452 395.00 398.00 3.00 1.66 HR
    and               416.00 419.00 3.00 1.01 HR
    and               425.00 428.30 3.30 1.82 HR
    BBD1329 North Zone 729034 1353901 283 -55 312 396 341.35 351.00 9.65 1.23 HR
    and               356.50 362.50 6.00 1.53 HR
    BBD1331 North Zone 728993 1353501 276 -52 312 330 42.00 43.00 1.00 8.06 OX
    BBD1334 P17 S 730483 1343350 261 -53 271 519 278.10 283.10 5.00 1.72 HR
    and               488.50 498.50 10.00 1.12 HR
    incl.               494.50 497.50 3.00 2.51 HR
    BBD1335 P17 S 730257 1343350 261 -50 270 396 47.00 48.00 1.00 15.61 HR
    BBD1338 P16 729508 1344364 259 -45 263 291 193.00 210.00 17.00 0.68 HR
    incl.               202.00 206.00 4.00 1.20 HR
    and               257.00 262.00 5.00 2.43 HR
    and               268.00 271.20 3.20 1.10 HR
    BBD1339 P16 729597 1344551 260 -50 270 336 334.00 336.00 2.00 2.95 HR
    BBD1340 P16 729000 1343900 260 -50 270 201 89.15 90.00 0.85 5.93 HR
    and               191.00 192.00 1.00 6.35 HR
    BBD1341 P17 S 730336 1342750 261 -50 270 156 123.75 127.90 4.15 6.61 HR
    incl.               125.90 127.90 2.00 20.14 HR
    BBD1343 P17 S 730392 1343125 261 -55 270 360 309.00 313.00 4.00 1.03 HR
    BBD1344 P17 S 730371 1343501 261 -50 270 528 323.00 337.10 14.10 1.45 HR
    incl.               323.00 332.70 9.70 1.87 HR
    and               428.00 431.00 3.00 1.79 HR
    BBD1345 P17 S 730340 1342800 261 -50 270 165 136.20 139.80 3.60 1.68 HR
    and               146.00 148.55 2.55 5.02 HR
    BBD1346 P17 S 730618 1344250 266 -50 270 225 137.25 141.00 3.75 1.17 HR
    and               178.00 193.70 15.70 1.84 HR
    incl.               186.70 190.70 4.00 5.22 HR
    BBD1348 P16 729566 1344413 259 -50 270 303 168.00 173.15 5.15 1.54 HR
    and               214.00 228.35 14.35 0.92 HR
    incl.               222.00 228.35 6.35 1.03 HR
    and               260.00 266.00 6.00 0.81 HR
    BBD1349 P16 729517 1344443 259 -50 270 312 241.00 250.00 9.00 0.71 HR
    and               255.00 270.00 15.00 0.57 HR
    BBC6946 HK 728515 1348358 277 -50 270 60 13.00 17.00 4.00 2.53 OX
    BBC6958 HK 728560 1348357 276 -50 270 75 70.00 75.00 5.00 1.19 OX
    BBC6960 HK 728536 1348408 274 -50 280 114 48.00 59.00 11.00 11.33 OX
    incl.               48.00 51.00 3.00 40.12 OX
    BBC6962 HK 728829 1348272 278 -50 250 129 56.00 62.00 6.00 0.68 OX
    BBC6963 HK 728844 1348280 277 -50 279 131 74.00 78.00 4.00 0.80 OX
    BBC6975 HK 728537 1348357 276 -50 270 96 84.00 93.00 9.00 0.65 HR
    BBC6976 HK 728564 1348402 275 -50 280 113 74.00 83.00 9.00 1.35 OX
    BBC7120 HK 728557 1348302 276 -50 270 100 69.00 75.00 6.00 1.46 HR
    BBC7122 HK 728563 1348386 275 -50 270 120 78.00 87.00 9.00 0.78 HR
    BBC7129 HK 728603 1348435 274 -50 270 120 110.00 117.00 7.00 0.79 HR
    BBC7132 HK 728524 1348333 278 -50 270 130 26.00 30.00 4.00 0.72 OX
    and               82.00 87.00 5.00 10.28 HR
    BBC7135 HK 728391 1348375 283 -50 270 60 32.00 36.00 4.00 1.31 OX
    BBC7136 HK 728493 1348224 286 -50 270 100 27.00 36.00 9.00 0.65 OX
    and               46.00 50.00 4.00 0.76 OX
    and               60.00 63.00 3.00 2.26 OX
    BBC7140 North Zone 729983 1354256 285 -50 312 126 8.00 11.00 3.00 0.67 OX
    and               16.00 25.00 9.00 0.53 OX
    incl.               21.00 24.00 3.00 1.09 OX
    BBC7141 North Zone 730390 1354301 278 -45 312 100 27.00 41.00 14.00 2.22 OX
    incl.               27.00 30.00 3.00 8.44 OX
    and               66.00 74.00 8.00 6.79 HR
    incl.               67.00 70.00 3.00 14.82 HR
    BBC7142 North Zone 730082 1354338 282 -50 312 152 109.00 114.00 5.00 1.51 HR
    BBC7147 P11 727951 1349499 291 -50 270 150 70.00 75.00 5.00 0.85 HR
    BBC7148 P11 727932 1349408 292 -50 270 120 32.00 49.00 17.00 1.53 OX
    incl.               39.00 41.00 2.00 7.62 OX
    and               77.00 83.00 6.00 3.15 HR
    incl.               77.00 80.00 3.00 5.32 HR
    BBC7149 P11 727950 1349449 291 -50 270 150 90.00 97.00 7.00 1.62 HR
    BBC7150 P11 727983 1349253 285 -50 270 125 87.00 93.00 6.00 0.92 HR
    BBC7152 P11 728107 1349249 281 -50 270 120 74.00 77.00 3.00 1.64 HR
    BBC7153 P11 728106 1349299 279 -50 270 118 49.00 53.00 4.00 1.01 OX
    BBC7154 P11 728013 1349400 282 -50 270 150 98.00 100.00 2.00 1.47 HR
    and               116.00 119.00 3.00 1.84 HR
    BBC7157 Siga W 727966 1347455 276 -50 250 140 11.00 16.00 5.00 0.77 OX
    and               90.00 101.00 11.00 0.96 HR
    BBC7158 Siga E 728340 1347910 283 -50 250 120 67.00 77.00 10.00 2.96 HR
    incl.               69.00 71.00 2.00 11.72 HR
    BBC7161 Siga E 728615 1347638 277 -50 250 120 62.00 63.00 1.00 5.99 HR
    BBC7162 Siga E 728669 1347497 274 -50 250 150 73.00 78.00 5.00 1.05 HR
    BBC7163 Siga E 728624 1347428 273 -50 250 80 18.00 26.00 8.00 1.00 OX
    and               30.00 33.00 3.00 1.35 OX
    BBC7164 Siga E 728681 1347449 271 -50 250 114 42.00 47.00 5.00 1.23 OX
    BBC7165 Siga E 728647 1347090 280 -50 250 126 96.00 99.00 3.00 5.26 HR
    incl.               96.00 97.00 1.00 14.67 HR
    BBC7166 Siga S 728213 1345896 266 -50 250 84 6.00 9.00 3.00 1.13 OX
    BBC7180 P16 729608 1345000 261 -50 270 72 47.00 49.00 2.00 6.52 HR
    and               54.00 59.00 5.00 1.27 HR
    BBC7185 P8P9 728636 1352003 267 -50 312 123 2.00 8.00 6.00 0.63 OX
    BBC7186 P8P9 728571 1351926 269 -50 312 138 2.00 9.00 7.00 0.86 OX
    and               64.00 71.00 7.00 0.82 OX
    incl.               64.00 68.00 4.00 1.12 OX
    BBC7187 P8P9 728527 1351968 268 -50 312 136 133.00 136.00 3.00 1.62 HR
    BBC7191 North Zone 729740 1354677 284 -49 310 69 5.00 15.00 10.00 1.12 OX
    incl.               9.00 14.00 5.00 1.74 OX
    and               30.00 35.00 5.00 0.59 OX
    BBC7193 North Zone 729758 1354661 282 -51 310 114 25.00 34.00 9.00 0.47 OX
    and               44.00 48.00 4.00 3.14 OX
    and               53.00 67.00 14.00 0.88 OX
    BBC7195 North Zone 729774 1354680 282 -51 310 113 47.00 49.00 2.00 2.58 OX
    BBC7200 North Zone 730379 1354345 286 -50 310 80 12.00 20.00 8.00 0.62 OX
    and               61.00 67.00 6.00 1.50 HR
    BBC7201 North Zone 730417 1354345 279 -49 310 83 0.00 7.00 7.00 2.21 OX
    and               12.00 20.00 8.00 0.62 OX
    and               61.00 67.00 6.00 1.50 HR

    * True widths for all zones are reported as a percentage of drilled lengths: North Zone 85%, P8/P9 70-85%, Siga 90%, P11 75-85%, P17S 70% and 90-100%, P17N 70% and HK 75-80%.

    About Orezone Gold Corporation

    Orezone Gold Corporation (TSX: ORE OTCQX: ORZCF) is a West African gold producer engaged in mining, developing, and exploring its 90%-owned flagship Bomboré Gold Mine in Burkina Faso. The Bomboré mine achieved commercial production on its oxide operations on December 1, 2022, and is now focused on its staged hard rock expansion that is expected to materially increase annual and life-of-mine gold production from the processing of hard rock mineral reserves. Orezone is led by an experienced team focused on social responsibility and sustainability with a proven track record in project construction and operations, financings, capital markets, and M&A.

    The technical report entitled Bomboré Phase II Expansion, Definitive Feasibility Study is available on SEDAR+ and the Company’s website.

    Contact Information

    Patrick Downey
    President and Chief Executive Officer

    Kevin MacKenzie
    Vice President, Corporate Development and Investor Relations

    Tel: 1 778 945 8977
    info@orezone.com / www.orezone.com

    For further information please contact Orezone at +1 (778) 945 8977 or visit the Company’s website at www.orezone.com.

    The Toronto Stock Exchange neither approves nor disapproves the information contained in this news release.

    Qualified person

    Alastair Gallaugher (CGeol), Exploration Manager for Orezone, is the Qualified Person under NI 43-101 and has reviewed and approved the scientific and technical information contained in this news release.  

    QA/QC

    The mineralized intervals are based on a lower cut-off grade of 0.28g/t in the Oxide+Upper Transition zone, and 0.45g/t Au in the Lower Transition+Hard Rock zone. The half-core drilling samples were cut using a diamond saw by Orezone employees. The samples were prepared by BIGS Global Burkina s.a.r.l. (“BIGS Global”) and then split by Orezone to 1 kg using Rotary Sample Dividers (“RSDs”). A 1kg aliquot was analyzed for leachable gold at BIGS Global in Ouagadougou, by bottle-roll cyanidation using a LeachWellTM catalyst. The leach residues from all samples with a leach grade greater than or equal to 0.25g/t Au were prepared by BIGS Global and then split by Orezone to 50g using RSDs. A 50g aliquot was analyzed by fire assay at BIGS Global.

    Orezone employs a rigorous Quality Control Program including a minimum of 10% standards, blanks and duplicates. The composite width and grade include the final leach residue assay results for most of the drill intercepts reported.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains certain information that constitutes “forward-looking information” within the meaning of applicable Canadian Securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws (together, “forward-looking statements”). Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “potential”, “possible” and other similar words, or statements that certain events or conditions “may”, “will”, “could”, or “should” occur.

    Forward-looking statements in this press release include, but are not limited to statements with respect to the exploration program and the significant exploration upside at Bomboré including that the broader system remains open to depth, along strike and outside of the currently delineated mineralized trends; the potential to materially expand the project’s resource base from the current global 5 million gold ounces, to a targeted 7 to 10 million gold ounces longer term and the ongoing production expansion to 220,000 to 250,000 ounces per annum; evidence that the hanging wall and footwall of the broader 14km long reserve defined system are prospective for additional near-surface discoveries; the initial step-out results support the interpretation that P16 is a sub-parallel trend to the P17 Trend, which significantly expands the exploration model and potential within this region of the project; and significant potential remains to extend resources to the north of the existing open pit designs in the North Zone.

    All forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements including, but not limited to, terrorist or other violent attacks, the failure of parties to contracts to honour contractual commitments, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure, the possibility of project cost overruns or unanticipated costs and expenses, accidents and equipment breakdowns, political risk, unanticipated changes in key management personnel, the spread of diseases, epidemics and pandemics diseases, market or business conditions, the failure of exploration programs, including drilling programs, to deliver anticipated results and the failure of ongoing and uncertainties relating to the availability and costs of financing needed in the future, and other factors described in the Company’s most recent annual information form and management’s discussion and analysis filed on SEDAR+ on www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking statements.

    Forward-looking statements are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available to management at such time. These assumptions and factors include, but are not limited to, assumptions and factors related to the Company’s ability to carry on current and future operations, including: development and exploration activities; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company’s ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the price and market for outputs, including gold; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.

    Although the forward-looking statements contained in this press release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this press release.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a40af525-f516-45bc-adcf-ddfd80dde15d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8fcc476e-2850-49f1-9a32-804e43b198f7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6c5ae8c5-c5e8-4cc3-8122-a66a865e8edf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/399dba20-2f38-4610-844d-a799ab111e1a

    The MIL Network

  • MIL-OSI: Bitget Anti-Scam Report Shows AI-Related Scams Drive $4.6B in Crypto Losses in 2024

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 10, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released its 2025 Anti-Scam Research Report in partnership with blockchain security firms SlowMist and Elliptic. The report reveals that global crypto scam losses surged to $4.6 billion in 2024, with deepfake technology and social engineering emerging as the dominant tactics behind high-value thefts. The publication marks the official launch of Bitget’s Anti-Scam Month, a month-long initiative dedicated to security education and ecosystem-wide awareness.

    The report highlights how AI-powered scams have moved beyond phishing emails to include fake Zoom calls, synthetic videos of public figures, and Trojan-laced job offers. Among its key findings, the report identifies three primary scam categories—deepfake impersonation, social engineering schemes, and Ponzi-style projects cloaked in DeFi or NFT branding—as the leading causes of user loss. It also outlines how stolen funds are funneled through cross-chain bridges and obfuscation tools before reaching mixers or exchanges, complicating enforcement and recovery efforts.

    Additional insights include case studies from major scam incidents in Hong Kong, the rising use of Telegram and X (Twitter) comment sections as phishing entry points, and the continued growth of professionally run fraud rings operating across borders.

    “The biggest threat to crypto today isn’t volatility—it’s deception. That’s why Bitget has designated the entire month of June as Anti-Scam Month—an initiative to elevate industry standards and user awareness. This report is the flagship release within that effort. AI has made scams faster, cheaper, and harder to detect. At Bitget, we believe fighting back requires both technological rigor and ecosystem-wide collaboration. Our goal is to help users trade smarter, not just faster,” said Gracy Chen, CEO at Bitget.

    The report also details how Bitget’s Anti-Scam Hub, innovative detection systems, and a $500M+ Protection Fund are being actively deployed to mitigate user risks. SlowMist provided detailed forensic insights into scam tactics, ranging from address poisoning to job offer Trojans, while Elliptic examined the laundering patterns of stolen cryptocurrency through cross-chain bridges and mixer platforms.

    “Criminals are constantly evolving their methods of attack, using AI and finding new ways to scale their activities. This means that reciprocally, we are also working to scale our technology and blockchain capabilities to track and identify the new methods criminals are using. Our work with Bitget reflects a shared urgency to expose these evolving threats and give users the tools to protect themselves,” said Arda Akartuna, Lead Crypto Threat Researcher, Elliptic, APAC.

    “This report reflects the real-world patterns we’re seeing on-chain every day. From phishing rings to fake staking dApps, the tactics may change—but the psychology is always the same. Users must be informed, skeptical, and security-minded at all times,” said Lisa, Security Operations Lead, SlowMist.

    The report closes with actionable recommendations for both users and institutions, including scam red flag indicators and best practices for avoiding common traps in DeFi, NFT, and Web3 environments.

    For the full report, please 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 priceEthereum 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: WebsiteTwitterTelegramLinkedInDiscordBitget 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/0c73d1c7-7419-4f43-a2ae-2e9c450fb8bd

    The MIL Network

  • MIL-OSI: Amalgamated Bank Advances Climate Leadership with C-PACE Financing for 205kW Solar Energy and Roofing Project in New Bedford

    Source: GlobeNewswire (MIL-OSI)

    NEW BEDFORD, Mass., June 10, 2025 (GLOBE NEWSWIRE) — Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), today announced the successful closing of a Commercial Property Assessed Clean Energy (“C-PACE”) financing under the PACE Massachusetts Program using Allectrify’s FASTPACE Platform.

    The C-PACE financing will fund a 205kW (kilowatts) DC (Direct current) solar PV (PhotoVoltaic) installation and associated roofing upgrades at an industrial building located in the Port of New Bedford. The property is owned and operated by Marder Seafood; a trusted leader in premium, sustainably sourced seafood in the area for more than 50 years.

    Amalgamated Bank, which opened its downtown Boston Commercial Banking office in 2020, invests nearly 40% of its total lending portfolio in climate protection solutions. This financing further reflects the Bank’s climate leadership and focus on decarbonization and renewable energy.

    The C-PACE closing showcases how clean energy and C-PACE financing can support key regional industries, drive investments in New England commercial building stock, and lower energy costs for industrial end-users. The project will drive over $1.9 million in lifetime energy cost savings at the property.

    C-PACE financing supports long-term, competitive financing for commercial property improvements for energy efficiency, renewable energy, resiliency, and water conservation. The project represents the fourth financing closed to date under the Massachusetts C-PACE Program since its launch in 2020. Amalgamated Bank is a leader in deploying C-PACE capital, and its partnership with Allectrify enables efficient closing for projects of all sizes.

    “With more than $1.2 billion in PACE assets in our investment portfolio, we are proud to lead the industry in providing solutions that empower borrowers to implement proven energy-savings strategies in commercial properties,” said Mark Walsh, New England Regional Manager & Senior Vice President at Amalgamated Bank. “Through our ongoing partnership with Allectrify, we look forward to executing even more C-PACE deals that drive sustainable progress in Boston and beyond.”

    This $1.3 million C-PACE financing represents an innovative approach to green capital deployment. C-PACE makes capital available to a broader set of property owners who seek to make energy efficiency and other building energy improvements.

    “This transaction is a prime example of Amalgamated Bank’s commitment to putting climate solutions into practice, in this case supporting a commercial solar project at an industrial property serving a classic New England industry,” said Colin Bishopp, Chief Executive Officer of Allectrify. “We are pleased to see this project closed on Allectrify’s FASTPACE platform which enables efficient C-PACE execution in programs across the country.”

    About Amalgamated Bank:

    Amalgamated Bank, the wholly owned banking subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), is a mission-driven full-service commercial bank and a chartered trust company with a combined network branches in New York City, Washington D.C., San Francisco, and Boston. Amalgamated Bank provides commercial and retail banking products, investment management and trust and custody services, and lending services. Since their founding in 1923, Amalgamated Bank is diligent in fulfilling their mission to be America’s socially responsible bank, empowering organizations and individuals to advance positive change. The businesses that Amalgamated Bank focuses on are generally mission aligned with our core values, including sustainable companies, clean energy, nonprofits, and B Corporations. www.amalgamatedbank.com.

    About Allectrify, PBC:

    C-PACE made simple for lenders and borrowers. Allectrify’s FASTPACE platform enables banks, credit unions, CDFIs and non-bank lenders to offer C-PACE financing quickly and easily, at no cost to the lender and with reduced transaction costs for borrowers. Through Allectrify’s network of FASTPACE lenders, borrowers can access C-PACE financing for projects of all sizes. https://allectrify.com/.

    Media Contacts

    Ayele Ajavon
    Head of Communications
    Amalgamated Bank
    929-979-5811
    media@amalgamatedbank.com

    Lainie Rowland
    Allectrify
    973-908-9304
    lainie@allectrify.com

    The MIL Network

  • MIL-OSI United Kingdom: Ratcliffe writes to Parades Commission and PSNI in aftermath of anti-Israel parade

    Source: Traditional Unionist Voice – Northern Ireland

    Statement by TUV party chairman Cusher councillor Keith Ratcliffe:

    “What happened in Scarva on Saturday should never have been allowed to happen.

    “I formally objected to this parade in advance warning both the PSNI and the Parades Commission that it was deeply inappropriate to route a politically-charged march through a quiet Unionist village with strong support for Israel. Those warnings were ignored. The result was entirely predictable: provocation, disorder, and division.

    “We were told the parade would stick to the towpath. Instead, participants made their way onto Scarva Main Street. Residents were confronted with chanting that included pro-IRA slogans and the antisemitic cry of “From the river to the sea” — a slogan rightly recognised as a call for the destruction of the state of Israel.

    “This was not a peaceful demonstration. It was a deliberate and coordinated display designed to provoke. The failure of the PSNI to properly monitor or restrict this parade, and the Parades Commission’s refusal to impose even the most basic conditions, raises serious questions.

    “I have written to both bodies demanding answers:

    • Why was this event deemed non-contentious?

    • Why was no action taken when marchers deviated from the route?

    • Why were chants glorifying terrorism and calling for the destruction of a nation tolerated on our streets?

    “Residents were placed in an entirely avoidable situation — one that could and should have been prevented. There must now be a serious review of how this parade was approved, routed, and policed.

    “I will not remain silent when Unionist communities are disrespected and when public order is sacrificed for political convenience. Those responsible for these decisions must be held to account.”

    MIL OSI United Kingdom

  • MIL-OSI Economics: W&T Announces Appointment of Presiding Director for 2025

    Source: W & T Offshore Inc

    Headline: W&T Announces Appointment of Presiding Director for 2025

    HOUSTON, June 10, 2025 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that its Board of Directors (the “Board”) appointed Mr. John D. Buchanan as Presiding Director for 2025. He has served in that role since the 2024 Annual General Meeting and will continue as Presiding Director this year. Mr. Buchanan joined the Board in April 2024 and has more than 30 years of experience as a seasoned oil and gas, commercial and banking attorney, in addition to his prior service as a military officer.

    Tracy W. Krohn, W&T’s Chairman and Chief Executive Officer stated, “We are very pleased that our Board has named John as our continuing Presiding Director. That position serves a valuable leadership role on our Board and John’s extensive legal experience in the energy industry and banking industry has served him well in that Board capacity. John has been a valuable advisor to and served several Boards for large public companies prior to joining our Board.”

    About Mr. Buchanan

    Mr. Buchanan has served in top legal roles as Chief Legal Officer/General Counsel/Corporate Secretary at several S&P 500 companies. Mr. Buchanan most recently served at ExxonMobil Corporation (“Exxon”) as an Assistant General Counsel where he also served as the Secretary to the Exxon Audit Committee and the Exxon Finance Committee. Mr. Buchanan also previously served in the top legal role with the Federal Reserve Bank of Dallas, where he was the Senior Vice President, General Counsel and Corporate Secretary Mr. Buchanan has held a number of other Chief Legal Officer positions over the course of his career at various S&P 500 financial institutions. Mr. Buchanan has served on numerous committees and boards of directors during his career, including the board of directors for Mercedes Benz US International Inc., with service as the Chair of the Audit Committee. Prior to his legal career Mr. Buchanan was a U.S. Army officer, helicopter pilot and paratrooper, serving with distinction.

    Mr. Buchanan holds a Master’s of Laws in Taxation from New York University School of Law and a Juris Doctorate degree from the Vanderbilt University School of Law. He also earned a Bachelor’s degree in Economics from Washington & Lee University.

    About W&T Offshore

    W&T Offshore, Inc. is an independent oil and natural gas producer with operations offshore in the Gulf of America and has grown through acquisitions, exploration and development. As of March 31, 2025, the Company had working interests in 52 fields in federal and state waters (which include 45 fields in federal waters and seven in state waters). The Company has under lease approximately 634,700 gross acres (496,900 net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 487,200 gross acres on the conventional shelf, approximately 141,900 gross acres in the deepwater and 5,600 gross acres in Alabama state waters. A majority of the Company’s daily production is derived from wells it operates. For more information on W&T, please visit the Company’s website at www.wtoffshore.com.

         
    CONTACT: Al Petrie Sameer Parasnis
      Investor Relations Coordinator Executive VP and CFO
      investorrelations@wtoffshore.com sparasnis@wtoffshore.com
      713-297-8024 713-513-8654

    Source: W&T Offshore, Inc.

    MIL OSI Economics

  • MIL-Evening Report: Amnesty slams Israel for flouting international law with ‘chilling contempt’ over Madleen

    Asia Pacific Report

    Amnesty International secretary-general Agnès Callamard has condemned Israel’s interception and detention of the 12 crew members aboard the Gaza Freedom Flotilla’s humanitarian aid yacht Madleen.

    The crew detained include Swedish activist Greta Thunberg, who has been designated by Amnesty International as an “Ambassador of Conscience”, reports Amnesty International in a statement.

    She has since been reported to have been deported back to her country via France.

    Madleen’s crew were trying to break Israel’s illegal blockade on the occupied Gaza Strip and take in desperately needed humanitarian supplies.

    They were illegally detained by Israeli forces in international waters while en route.

    In response, Secretary General Agnès Callamard said:

    “By forcibly intercepting and blocking the Madleen which was carrying humanitarian aid and a crew of solidarity activists, Israel has once again flouted its legal obligations towards civilians in the occupied Gaza Strip and demonstrated its chilling contempt for legally binding orders of the International Court of Justice,” secretary-general Callamard said.

    Operation ‘violates international law’
    “The operation carried out in the middle of the night and in international waters violates international law and put the safety of those on the boat at risk.

    “The crew were unarmed activists and human rights defenders on a humanitarian mission, they must be released immediately and unconditionally.

    “They must also be protected from torture and other ill-treatment pending their release.

    Callamard said that during its voyage over the past few days the Madleen’s mission emerged as a powerful symbol of solidarity with besieged, starved and suffering Palestinians amid persistent international inaction.

    “However, this very mission is also an indictment of the international community’s failure to put an end to Israel’s inhumane blockade.

    “Activists would not have needed to risk their lives had Israel’s allies translated their rhetoric into forceful action to allow aid into Gaza.”

    Global calls for safe passage
    Israel’s interception of the Madleen despite global calls for it to be granted safe passage underscored the longstanding impunity Israel enjoyed which has emboldened it to continue to commit genocide in Gaza and to maintain a suffocating, illegal blockade on Gaza for 18 years, Callamard said.

    “Until we see real concrete steps by states worldwide signalling an end to their blanket support for Israel, it will have carte blanche to continue inflicting relentless death and suffering on Palestinians.”

    Amnesty International in New Zealand also called on Foreign Minister Winston Peters to stand up and call out the enforced starvation and genocide that Israel was imposing on Palestinians.

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Te Pāti Māori condemns Israel for Gaza ‘horrific violence’ over Madleen arrest

    Asia Pacific Report

    Aotearoa New Zealand’s Te Pāti Māori has condemned the Israeli navy’s armed interception of the Madleen, a civilian aid vessel attempting to carry food, medical supplies, and international activists to Gaza, including Sweden’s climate activist Greta Thunberg.

    In a statement after the Madleen’s communications were cut, the indigenous political party said it was not known if the crew were safe and unharmed.

    However, Israel has begun deportations of the activists and has confiscated the yacht and its aid supplies for Gaza.

    “This is the latest act in a horrific string of violence against civilians trying to access meagre aid,” said Te Pāti Māori co-leader Debbie Ngarewa-Packer.

    “Since May 27, more than 130 civilians have murdered been while lining up for food at aid sites.

    “This is not an arrest [of the Madleen crew], it as an abduction. We have grave concerns for the safety of the crew.

    “Israel [has] proven time again they aren’t above committing violence against civilians.

    “Blocking baby formula and prosthetics while a people are deliberately starved is not border patrol, it is genocide.”

    Te Pāti Māori said it called on the New Zealand government to:

    • Demand safe release of all crew;
    • Demand safe passage of Aid to Gaza;
    • Name this blockade and starvation campaign for what it is — genocide; and
    • Sanction Israel for their crimes against humanity

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Africa: Secretary-General’s message to the Global Young Academy General Meeting and International Conference of Young Scientists

    Source: United Nations – English

    extend my warm greetings to the Global Young Academy and the International Conference of Young Scientists.

    As an institutional partner of our Scientific Advisory Board, the Global Young Academy plays a vital role in ensuring that science – and scientists – are an essential part of global decision-making.

    Your gathering in Hyderabad is another example of the power of science to unite across borders, disciplines, and generations.  At a time when our world faces profound challenges – from the climate crisis, to raging conflict, to rising inequalities, to runaway technology without guardrails – your voices, research, and leadership are more vital than ever.

    As early-career researchers, you are not only the future of science – you are its present. Your work is essential to advancing the Sustainable Development Goals and building a more peaceful, just, and sustainable world.

    We are inspired by your innovative research and encouraged by your efforts towards a future of open and accessible science.

    I look forward to further collaboration with the Global Young Academy and wish you the best of success for your Conference.

    ***
     

    MIL OSI Africa

  • MIL-OSI Russia: Hainan issues typhoon warning level 4

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    HAIKOU, June 10 (Xinhua) — South China’s Hainan Province issued a level 4 typhoon alert at 11:30 a.m. Tuesday as a tropical depression formed over the central South China Sea and is expected to strengthen into the first typhoon of the year within the next 24 hours.

    It is expected to gradually approach the east coast of Hainan and is likely to make landfall in the region around Friday, the local weather service said.

    The marine affairs bureau of Sansha City, China’s southernmost city, also issued a weather warning for parts of the Xisha Islands.

    Since Monday, large vessels such as cargo ships and engineering vessels have been evacuated from the Xisha Islands. Smaller vessels have been pulled ashore and professional rescue vessels are on standby.

    China has adopted a four-tier emergency response system for flood emergencies, with Level 1 being the highest. -0-

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Statement on announcement of District Heat Network Funding 

    Source: City of Oxford

    Statement on announcement of 1Energy’s district heat network funding

    “I am delighted that 1energy has been successfully awarded £21m from Green Heat Network Fund. This funding will enable us to explore the potential to develop Oxford’s first District Heat Network (DNC). 

    “This exciting project will explore the merits and opportunities to develop a heat network across Oxford, helping reduce carbon emissions from buildings. With buildings responsible for 60% of Oxford’s carbon emissions, a heat network like this has been identified as one of the key pathways to achieve a net zero carbon city by 2040.” 

    “As well as reducing city-wide emissions, we hope this funding will help to support other organisations and businesses in their efforts to save energy and access affordable heating through establishing low carbon infrastructure. 

    “This is a brilliant opportunity for Oxford, and together with our partners Oxfordshire County Council, Oxford University, and Oxford Brookes University we are looking forward to working with 1Energy on this project.”

    Councillor Anna Railton, Deputy Leader and Cabinet Member for Zero Carbon Oxford, Oxford City Council  

    “This is an exciting first step in establishing a heat network for Oxford. We look forward to working with our partners across the city to explore options for heat decarbonisation. The potential benefits of a wider heat network are huge, both for the University – the project could help us achieve our ambitious target of reaching net zero by 2035 – and for the community as a whole, supporting Oxford’s transition to a resilient, low-carbon energy system.” 

    Trevor Payne, Director of Estates, University of Oxford

    “Heat networks are one of the most efficient ways of providing reliable, clean, competitively priced heat to very large areas, especially for old buildings which are difficult to retrofit with heat pumps. As well as supplying reliable decarbonised heat, heat networks deliver positive impacts for air quality.” 

    Councillor Judy Roberts, Cabinet Member for Place, Environment and Climate Action, Oxfordshire County Council

    “We are engaging with 1Energy who are bringing forward this proposal particularly in our role of seeking to manage the impact of the proposed development on the highway network, and our interest in maximising community value of the scheme.” 

    Councillor Andrew Gant, Cabinet Member for Transport Management, Oxfordshire County Council

    “Oxford Brookes University looks forward to working collaboratively with 1Energy and our city wide partners to explore the case for participation in an Oxford heat network. This supports our aims as a member of the Zero Carbon Oxford Partnership in Oxford becoming a Net Zero City by 2040 and also supports the university in reaching its Net Zero carbon goals potentially faster and at lower cost than possible to do alone.” 

    Jerry Woods, Director of Estates & Campus Services, Oxford Brookes University

    MIL OSI United Kingdom

  • PM Modi highlights expansion of India’s sports infrastructure in last 11 years

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Tuesday highlighted expansion of India’s sports infrastructure in the last 11 years.

    Responding to an article written by Union Minister Mansukh Mandaviya, PM Modi shared on X, “Union Minister Shri @mansukhmandviya highlights how India’s sports infrastructure has expanded at an unprecedented scale in the last 11 years. With youth at its core, this transformation is propelling India towards becoming a global sporting powerhouse.”

    In his article, Mandaviya elaborated on how India is heading towards becoming a global sporting powerhouse.

    Mandaviya said on X, “Under the leadership of PM Narendra Modi Ji, the last 11 years have witnessed a historic transformation in India’s sporting landscape, from world-class infrastructure development to athlete-centric decision making.”

    India’s sporting landscape has witnessed transformation over the past 11 years, driven by a series of flagship initiatives introduced under the Modi government. The Ministry of Youth Affairs and Sports has been central to this progress, from developing grassroots infrastructure to nurturing Olympic medal hopefuls — ushering in a new era for Indian sports.

    Recognising sports as a powerful vehicle for empowerment and nation-building — especially in a country where nearly 65% of the population is youth — the government has raised sports ministry’s budget by 130.9%, from ₹1,643 crore in 2014–15 to ₹3,794 crore for 2025–26.

    Central to this transformation is the Khelo India programme, launched in 2016–17. With ₹1,000 crore allocated in the latest budget, it has supported the creation of over 1,000 training centres, approved 326 infrastructure projects, and nurtured nearly 2,845 athletes through coaching and financial assistance.

    India has also witnessed a remarkable surge in sporting achievements over the past 11 years, with Indian athletes delivering historic performances across major international competitions.

    At the Olympics, India went from winning just 2 medals at Rio 2016 to a record 7 medals at Tokyo 2020 and 6 at Paris 2024.

    The Paralympics marked an even more dramatic transformation. From just 4 medals in Rio 2016, India bagged 19 in Tokyo 2020 and a record-breaking 29 medals in Paris 2024, including 7 golds.

    India’s rise continued at the Asian Games, where the Hangzhou 2023 edition became historic with 107 medals from a record 655-member contingent. Similarly, at the Commonwealth Games, India consistently maintained strong performances, securing over 60 medals in each edition from 2014 to 2022.

    Indian athletes also made global headlines elsewhere—winning double gold at the 2024 FIDE Chess Olympiad, a gold in javelin at the World Athletics Championships 2023, and a historic Thomas Cup win in badminton in 2022. Shooters and para-table tennis players also delivered standout performances in global competitions.

    From village-level talent to international podiums, India’s sports ecosystem has become more inclusive, robust, and focused on performance. As the nation sets its sights on the 2036 Olympics and beyond, these efforts reflect a clear and ambitious vision: to establish India among the world’s top 10 sporting nations.

  • Lutnick says US-China trade talks going well on second day

    Source: Government of India

    Source: Government of India (4)

    U.S. Commerce Secretary Howard Lutnick said on Tuesday trade talks with China were going well as the two sides met for a second day in London, seeking a breakthrough on export controls that have threatened a fresh rupture between the superpowers.

    U.S. and Chinese officials are trying to get back on track after Washington accused Beijing of blocking exports of rare earth minerals that are critical to its economy, straining ties after they struck a preliminary deal in Geneva last month to step back from a full-blown trade embargo.

    White House economic adviser Kevin Hassett said on Monday that the U.S. was ready to agree to lift export controls on some semiconductors in return for China speeding up the delivery of rare earths and magnets.

    “(Talks went on) all day yesterday, and I expect (them) all day today,” Lutnick told reporters. “They’re going well, and we’re spending lots of time together.”

    Trump’s shifting tariff policies have roiled global markets, sparked congestion and confusion in major ports, and cost companies tens of billions of dollars in lost sales and higher costs.

    But markets have made up much of the losses they endured after Trump unveiled his sweeping “Liberation Day” tariffs in April, aided by the reset in Geneva between the world’s two biggest economies.

    The second round of U.S.-China talks, which followed a rare phone call between Trump and Chinese President Xi Jinping last week, comes at a crucial time for both economies.

    Customs data published on Monday showed that China’s exports to the U.S. plunged 34.5% in May, the sharpest drop since the outbreak of the COVID pandemic.

    While the impact on U.S. inflation and its jobs market has so far been muted, tariffs have hammered U.S. business and household confidence and the dollar remains under pressure.

    DISCUSSING DISAGREEMENTS

    The talks have been led by U.S. Treasury Secretary Scott Bessent, Lutnick and U.S. Trade Representative Jamieson Greer, with the Chinese contingent helmed by Vice Premier He Lifeng.

    The talks ran for almost seven hours on Monday and resumed just before 1000 GMT on Tuesday, with both sides expected to issue updates later in the day.

    The inclusion of Lutnick, whose agency oversees export controls for the U.S., is one indication of how central rare earths have become. He did not attend the Geneva talks, when the countries struck a 90-day deal to roll back some of the triple-digit tariffs they had placed on each other.

    China holds a near-monopoly on rare earth magnets, a crucial component in electric vehicle motors, and its decision in April to suspend exports of a wide range of critical minerals and magnets upended global supply chains and sparked alarm in boardrooms and factory floors around the world.

    Kelly Ann Shaw, a former White House trade adviser during Trump’s first term and now a trade partner at the Akin Gump law firm in Washington, said she expected China to reaffirm its commitment to lift retaliatory measures, including export restrictions, “plus some concessions on the U.S. side, with respect to export control measures over the past week or two”.

    But Shaw said she expected the U.S. to only agree to lift some new export curbs, not longstanding ones such as for advanced artificial intelligence chips.

    In May, the U.S. ordered a halt to shipments of semiconductor design software and chemicals and aviation equipment, revoking export licences that had been previously issued.

    (Reuters)

  • MIL-OSI Russia: Financial news: Last year pawnshops issued loans to citizens for 302 billion rubles

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    This is a quarter more than the year before. The main reason for this growth is the steady increase in gold prices. 94% of loans are issued against gold items as collateral. At the same time, the number of concluded agreements remained at the same level – 16.6 million per year.

    Due to the growth in gold prices, the average loan amount also increased — from 16 to 21 thousand rubles. The total cost of loans (TCL) of pawnshops did not exceed 120% per annum. Rates vary significantly depending on the type of collateral — for example, for loans secured by a car, they are traditionally lower. For certain groups of citizens — pensioners, people with disabilities, large families — pawnshops offer preferential loan terms.

    Large chain pawnshops are actively developing digital channels of interaction with clients: more than half issue non-cash loans and accept payments online.

    Most borrowers try to repay the loan themselves in order to get back the collateral. 84% of loans are repaid in this way. For small pawnshops focused on retaining their customer base, this share is even higher. The rest of the loans are repaid by selling the pledged item. If the sale price exceeds the borrower’s obligations, the client retains the right to contact the pawnshop within three years to get back the pawned item. difference.

    Read more in the publication “Pawnshop Market Development Trends in 2024”.

    Preview photo: Vasanty / Shutterstock / Fotodom

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  • MIL-OSI Russia: The government has increased the number of nominations for the All-Russian competition of doctors

    Translation. Region: Russian Federal

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

    Document

    Resolution of June 5, 2025 No. 841

    The All-Russian competition of doctors has been supplemented with the nomination “For dedication in medicine”. The decree on this has been signed.

    The new nomination will recognize doctors or teams of doctors who have demonstrated personal courage in saving patients, those who were able to save patients in extreme situations or find a solution in a difficult professional situation. The winners will be paid a one-time cash reward.

    The All-Russian competition of doctors is held annually and is an important tool of the healthcare system for improving the professionalism of medical workers. A number of nominations of the competition are allocated to a separate project “Calling”, which is covered by Channel One and has its own prize fund. The award ceremony for the winners is held on the eve of Medical Worker Day, which is celebrated on the third Sunday of June.

    The signed document introduces changes toGovernment Resolution of January 13, 2011

    No. 2.

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  • MIL-OSI Russia: HSE and X5 to support talented students

    Translation. Region: Russian Federal

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

    X5 has increased the number of student grants for applicants to the Higher School of Business at the National Research University Higher School of Economics. The company will compensate part of the tuition fees for twenty-five talented applicants in the Master’s program “B2C Business Management: Technologies and Innovations” (previously “Retail Management”). Applications for grants can be submitted from June 20.

    X5 has been a strategic partner of the Master’s program for more than three years. Currently, almost a quarter of the company’s employees are under 25 years old, so developing relationships with universities and educational institutions is a priority for preparing a personnel reserve. This year, the program’s content was completely revised — “B2C Business Management: Technologies and Innovations” became the first specialized master’s program that trains leaders in retail and e-commerce. The company, together with the Higher School of Business of the Higher School of Economics, took into account all the latest market trends and built the program around three main blocks: customer experience, new technologies and innovations, leadership and management.

    The Master’s degree is suitable for both bachelors and specialists aiming for a career in retail and e-com, as well as for those who already work in retail and B2C companies, as well as those who run their own business. Five HSE graduates who successfully pass the entrance exams and score high will be able to study with a 35% discount. Another 20 applicants will receive a grant in the amount of 25% of the cost of tuition. The best students will receive financial support from X5 for the entire period of study.

    Students of the program study Data Science, business analytics, digital platforms, digital marketing, customer experience management in an omnichannel environment. That is, the disciplines that are necessary for working in modern business. Each area is supervised by top managers and executives of X5 – the program is designed for full integration, where there is a lot of practice, research and project work. Experts from X5 give lectures, hold open meetings, seminars and excursions, visit stores, distribution centers, innovation labs and ready-to-eat food production together with students.

    Ksenia Mardanova

    Director of Work with Educational Institutions X5

    “We pass on our knowledge and experience as an industry leader to students and tell them that modern retail is much more than just retail. X5 includes not only retail chains, but also IT, delivery, transport, and prepared food services. And our partnership with the HSE uniquely combines academic depth with applied approaches, including elements of an MBA in management practice. Over two years, students develop a portfolio of more than 10 projects based on real-life retail and e-commerce challenges. Graduates make good careers in major companies; we see them as promising specialists and are ready to consider them for work at X5. At the same time, the program improves the competencies of our own employees, who, while studying here, gain new skills for growth within the company.”

    Andrey Starkov

    Academic Director of the program, Associate Professor of Practice at the Higher School of Business, National Research University Higher School of Economics

    “Thanks to the support of X5, our program gives talented students the opportunity to receive a quality management education at one of the leading business schools in Russia and build a career in B2C business. The program’s special feature is its practice-oriented approach: courses are implemented using the co-teaching scheme, when HSE teachers and business professionals conduct classes together. In addition, students prepare coursework and diploma projects in a consulting format, solving real-life problems of companies. The involvement of practitioners in the educational process provides valuable networking and deep immersion in the professional environment.”

    For admission to the program In 2025, applications will be accepted from June 20 to August 8: 63 places are open for students from Russia and one for students from foreign countries.

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  • MIL-OSI Russia: Financial news: Cashless payments without cards, or How citizens’ preferences are changing: Bank of Russia statistics

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    People are increasingly using QR codes, e-wallets, biometrics and other services that allow them to pay and make transfers without cards. In January-March 2025, the number of such transactions increased by almost a third compared to the same period last year and approached 11 billion. This is what they say data Bank of Russia.

    In the first quarter of this year, about 800 million payments were made using QR codes and biometrics. This is almost 2 times more than in the same period last year. The amount of purchases paid for in these ways exceeded 1.1 trillion rubles (389 billion rubles).

    At the same time, bank cards remain the main payment instrument, although the number of transactions with them has been decreasing for two quarters in a row. In total, 14.9 billion (0.1 billion) transactions for goods and services were made with cards in January-March of this year, for a total of 13.6 trillion (-0.2 trillion) rubles.

    Given the demand from customers for various payment tools, banks continued to develop payment infrastructure. The number of POS terminals in Q1 2025 increased by almost 10% compared to January-March 2024 and amounted to 4.9 million.

    Preview photo: Miljan Zivkovic / Shutterstock / Fotodom

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  • MIL-OSI United Nations: WFP expands footprint in Khartoum as families starts to return to devastated capital

    Source: World Food Programme

    This is a summary of what was said by Laurent Bukera, WFP Sudan Representative and Country Director (speaking from Port Sudan via Zoom) – to whom quoted text may be attributed – at today’s press briefing at the Palais des Nations in Geneva.

    GENEVA – I’ve just returned from Khartoum State, where WFP opened a new office in Omdurman – Khartoum’s twin city. This marks a key milestone in re-establishing our presence closer to the communities we serve and reaffirms WFP’s commitment to deliver.

    The needs are immense. We saw widespread destruction, limited access to water, healthcare, and electricity, and a cholera outbreak. In parts of the city, life is returning – but many neighbourhoods remain abandoned, like a ghost city. 

     

    Over the past six months, WFP has reached nearly 1 million Sudanese in Khartoum with food and nutrition support. This momentum must continue – several areas in the south of the city are at high risk of famine. 

    Sudanese communities have been on the frontlines, hosting the displaced, but they are now at a breaking point. With returns expected to heavily damaged areas like Khartoum, pressure on overstretched resources will intensify. WFP is deeply concerned and meeting basic needs, especially food, is critical and urgent.

    Urgent action is needed to restore basic services and accelerate recovery – through coordinated efforts with local authorities, national NGOs, UN agencies, and humanitarian partners. 

    At the same time, funding shortfalls are already disrupting assistance in Khartoum, Blue Nile, Al Jazira and Sennar states. Oil and pulses have been removed from the food basket due to a lack of resources. Without new funding in the coming months, further cuts in assistance will have to be implemented. 

    In Khartoum, life-saving nutritional supplements for young children and pregnant or nursing mothers are out of reach – not because of access constraints, but due to a lack of resources. Without urgent support, we cannot deliver the full package that people need as they return to Khartoum. 

    WFP has a longstanding presence and deep expertise in Sudan, built over six decades of operations. As we scale up efforts to address urgent food needs, we are also laying the foundation for a long-term recovery – expanding cash assistance to revitalize local markets and supporting bakeries and small businesses in their reopening. There’s much we can do – and are doing – right now. 

    WFP is now reaching 4 million people a month across Sudan. This is nearly four times more than at the start of 2024. As access has expanded, including to previously unreachable areas like Khartoum, we’ve rapidly scaled up operations to meet increasing needs. We are aiming to reach 7 million people monthly, prioritizing those facing famine or other areas at extreme risk across Darfur, Kordofan, Al Jazira, and Khartoum states. With sustained support, we can do even more. 

    Progress remains fragile. The rainy season is now starting, compounding an already dire situation. At the same time, indiscriminate and unacceptable attacks on humanitarian personnel and operations are escalating – including last week’s strike on a WFP-UNICEF convoy when it was just hours from reaching besieged El Fasher in North Darfur. The convoy was about 80 km from the city. The convoy came under attack in Al Kuma, resulting in the tragic loss of five humanitarian personnel and injuries to others. In April, aid workers were killed during a major escalation of fighting in Zamzam camp also near El Fasher.

    These attacks must stop immediately. 

    While we can’t thank donor partners enough for their support to humanitarian and resilience activities, needs are at the moment outpacing the funding we have received. Despite generous contributions from our donor partners, we are running short of over $500 million for emergency food and cash assistance alone for the coming six months. 

    The international community must act now— by stepping up funding to stop famine in the hardest-hit areas and to invest in Sudan’s recovery. We must also demand respect for the safety and protection of the Sudanese people and aid workers. This is the moment to stand with the Sudanese people as they rebuild their lives, communities, and hope after two years of devastating conflict. 

    We demand respect and safety for civilians and humanitarian workers. Above all, the only solution is peace. 

                                             #                           #                            #

    The United Nations World Food Programme is the 2020 Nobel Peace Prize Laureate.  We are the world’s largest humanitarian organization, saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change.

    Follow us on Twitter @wfp_media 

    MIL OSI United Nations News

  • MIL-OSI United Nations: Secretary-General’s message to the Global Young Academy General Meeting and International Conference of Young Scientists

    Source: United Nations secretary general

    I extend my warm greetings to the Global Young Academy and the International Conference of Young Scientists.

    As an institutional partner of our Scientific Advisory Board, the Global Young Academy plays a vital role in ensuring that science – and scientists – are an essential part of global decision-making.

    Your gathering in Hyderabad is another example of the power of science to unite across borders, disciplines, and generations.  At a time when our world faces profound challenges – from the climate crisis, to raging conflict, to rising inequalities, to runaway technology without guardrails – your voices, research, and leadership are more vital than ever.

    As early-career researchers, you are not only the future of science – you are its present. Your work is essential to advancing the Sustainable Development Goals and building a more peaceful, just, and sustainable world.

    We are inspired by your innovative research and encouraged by your efforts towards a future of open and accessible science.

    I look forward to further collaboration with the Global Young Academy and wish you the best of success for your Conference.

    ***
     

    MIL OSI United Nations News

  • MIL-OSI Europe: Audience with Pontifical Representatives

    Source: The Holy See

    This morning, in the Clementine Hall of the Vatican Apostolic Palace, the Holy Father Leo XIV received in audience the Pontifical Representatives.
    The following is the Pope’s address to those present at the audience:

    Address of the Holy Father
    Your Eminences, Your Excellencies, Monsignori,
    A special greeting to all of you, dear Pontifical Representatives. Before sharing the words I have prepared, I would just like to say to His Eminence and to all of you that what the Cardinal mentioned, I said not at the suggestion of anyone, but because I deeply believe it: your role, your ministry, is irreplaceable. The Church would be unable to give many things if it were not for the sacrifice, the work and everything that you do in order to enable such an important dimension of the great mission of the Church to proceed, and precisely in the case of which I spoke, namely the selection of candidates to the episcopate. Thank you from the heart for what you do! Now, please have a little patience.
    After yesterday morning’s celebration for the Jubilee of the Holy See, I am pleased to be able to stay briefly with you, the Pope’s representatives to States and international organizations throughout the world.
    First of all, thank you for coming, for undertaking a journey that for many of you was long. Thank you! You are already, as people, an image of the Catholic Church, since a diplomatic Corps as universal as ours does not exist in any other country in the world. However, at the same time, I believe that one may equally say that no other country in the world has a diplomatic Corps as united as you are: because your, our, communion is not merely functional, nor an idea; we are united in Christ and we are united in the Church. It is interesting to reflect on this fact: that the diplomacy of the Holy See constitutes in its very staff a model – certainly not perfect, but very meaningful – of the message it proposes: that of human fraternity and peace among all peoples.
    Dear friends, I am taking my first steps in this ministry that the Lord has entrusted to me. And I also feel towards you what I confided some days ago, when speaking to the Secretariat of State: namely, my gratitude towards those who are helping me to carry out my service day by day. This gratitude is even greater when I think – and directly touch upon as I address various topics – that you work very often goes before me! Yes, and this applies in a particular way to you, because when a situation is presented to me that relates, for example, to the Church in a given country, I can rely on the documentation, reflections and summaries prepared by you and your collaborators. The network of Pontifical Representations is always active and operative. This is for me a cause for great appreciation and gratitude. I say this thinking certainly of the dedication and organization, but, even more so, of the motivations that guide you, the pastoral style that should characterize you, the spirit of faith that inspires us. Thanks to these qualities, I too will be able to experience what Saint Paul VI wrote; that through his Representatives, who reside in various nations, the Pope is able to participate in the very life of his sons and, almost by becoming part of it, becomes aware, in a surer and more rapid way, their needs and at the same time their aspirations (cf. Apostolic Letter issued Motu Proprio Sollicitudo omnium Ecclesarium, Introduction).
    And now I would like to share with you a biblical image that came to mind when thinking of your mission in relation to mine. At the beginning of the Acts of the Apostles (3:1-10), the story of the healing of the cripple describes the ministry of Peter well. We are at the dawn of Christian experience, and the first community, gathered around the Apostles, knows it can count on a single reality: the risen and living Jesus. A crippled man sits begging at the door of the Temple. It appears to be the image of a humanity that has lost hope and is resigned. Even today, the Church often encounters men and women who no longer have any joy, whom society has sidelined, or whom life has in a certain sense forced into begging for their existence. This page of the Acts relates: “Peter looked intently at him, as did John, and said ‘Look at us’. He paid attention to them, expecting to receive something from them. Peter said, ‘I have neither silver nor gold, but what I do have I give you in the name of Jesus Christ the Nazorean, [rise and] walk’. Then Peter took him by the right hand and raised him up, and immediately his feet and ankles grew strong. He leaped up, stood and walked around, and went into the temple with them, walking and jumping and praising God” (3:4-8).
    The request Peter makes to this man – “Look at us” – makes us think. To look into one’s eyes means to build a relationship. The ministry of Peter is to create relationships, bridges: and a Representative of the Pope, first and foremost, serves this invitation to look into the eyes. Always be the eyes of Peter! Be men capable of building relationships where it is hardest to do. But in doing so, preserve the same humility and the same realism of Peter, who is well aware that he does not have the solution to everything: “I have neither silver nor gold”, he says; but he knows he has what counts, namely Christ, the deepest meaning of every existence: “in the name of Jesus Christ the Nazorean, walk!”.
    To give Christ means to give love, to bear witness to the charity that is ready for everything. I am counting on you so that in the countries where you live, everyone may know that the Church is always ready for everything out of love, that she is always on the side of the last, the poor, and that she will always defend the sacrosanct right to believe in God, to believe that this life is not at the mercy of the powers of this world, but rather is traversed by a mysterious meaning. Only love is worthy of faith, in the face of the suffering of the innocent, the crucified of today, whom many of you know personally, as you serve peoples who are victims of war, violence, and injustice, or even of the false wellbeing that deludes and disappoints.
    Dear brothers, may you always be consoled by the fact that your service is sub umbra Petri, as you will find engraved on the ring that you will receive as a gift from me. Always feel you are bound to Peter, protected by Peter, sent by Peter. Only in obedience and in effective communion with the Pope may your ministry be effective for the edification of the Church, in communion with the local bishops.
    Always have a blessing gaze, because the ministry of Peter is to bless, that is, always to know how to see the good, even that which is hidden, which is in the minority. Feel that you are missionaries, sent by the Pope to be tools of communion, unity, serving the dignity of the human person, promoting sincere and constructive relations everywhere with the authorities with whom you are required to cooperate. May your competence always be enlightened by the sound decision for holiness. The Saints who were in the diplomatic service of the Holy See, such as Saint John XXIII and Saint Paul VI, provide an example to us.
    Dear friends, your presence here today strengthens the awareness that the role of Peter is to confirm in faith. You are the first to need this confirmation in order to become its messengers, visible signs in every part of the world.
    May the Holy Door we all passed through together yesterday spur us to be courageous witnesses of Christ, who is always our hope. Thank you.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Raft of tech companies investing in Britain as government vows to unleash growth

    Source: United Kingdom – Executive Government & Departments

    Press release

    Raft of tech companies investing in Britain as government vows to unleash growth

    From AI to fintech, leading global tech firms that will power the next Industrial Revolution announce major UK investments, creating highly-skilled jobs from Edinburgh to Warwick.

    • From AI to fintech, leading global tech firms that will power the next Industrial Revolution announce major UK investments, creating highly-skilled jobs from Edinburgh to Warwick.
    • Technological progress will define the decades ahead, unleashing new innovations that could make us healthier, wealthier and safer – Science and Tech Secretary Peter Kyle told an audience today.
    • Government will go all in on science and tech to deliver the growth, improved healthcare, and clean energy breakthroughs that are central to the upcoming modern Industrial Strategy and Plan for Change.

    Hundreds of well-paid, highly-skilled tech jobs will be created from Edinburgh to Warwick, and beyond, as the Science and Technology Secretary has confirmed a raft of investments into the UK by leading global technology companies today (Tuesday 10 June). These significant investments range from AI to fintech, and some see the companies involved setting up shop in the UK for the very first time.

    Peter Kyle unveiled this news in a keynote speech at London Tech Week, where he also set out more of the government’s plan to put the white-hot potential of science and technology to work, building a better UK. Investments like these, together with partnerships like that announced with NVIDIA by the Prime Minister yesterday, and new government measures set out by the Secretary of State, will ignite the growth the UK needs to truly deliver on the government’s Plan for Change.

    From harnessing AI to boost healthcare and clean energy, to new measures to support innovative early-stage science and tech companies to thrive, going all in on science and tech is the route to the medical breakthroughs, ways of making energy cheaper and greener, and good-quality jobs that will make all our lives better. It’s one of the growth-driving sectors in the government’s forthcoming modern Industrial Strategy, and today’s speech sets out elements that will drive the success of the strategy.

    Investments being announced today:

    • Liquidity, a US-based global AI fintech, will launch its European headquarters in London as part of a plan to invest an additional £1.5 billion into cutting-edge enterprises over the next 5 years
    • InnovX AI, one of Europe’s leading startup hubs, investing £14.7 million in a new London technology hub, creating 30 jobs
    • Nebius, a Dutch AI infrastructure company, announcing a long-term commitment to back the UK’s AI sector, starting with an initial investment of £200 million. They will establish a UK AI Factory – with 2 potential sites in South East England currently being assessed – that could result in thousands of jobs coming online in the decades to come
    • Capgemini, one of the world’s largest business and technology transformation partners, expanding its UK presence with a new London HQ, following strong revenue growth over the years. 
    • Netcompany, a Danish IT consultancy, investing £2 million as it expands its Leeds office and launches a new site in Edinburgh, eventually set to create 150 jobs
    • Ekimetrics, a French AI solutions firm, is investing £8.5 million in their UK operations, creating over 150 roles in London over 3 years as part of its Elevate 2028 strategy
    • Yuno, a Colombia-based global fintech that is rapidly expanding, is choosing London for its European headquarters
    • Rebeldot, a Romanian software and tech consultancy, opening its UK subsidiary in Warwick, as part of plans to expand its presence in the UK

    To succeed, the UK’s tech leaders need stability and certainty. Today the Science and Tech Secretary has set out the ways in which the British state will be an active partner and enabler, working with the private sector to unlock the promise of technology, to help unleash the next Industrial Revolution and build a better Britain.

    The government’s upcoming modern Industrial Strategy will also provide a credible 10-year plan to deliver the certainty and stability businesses need to invest in high-growth sectors like digital and technologies. This will secure the UK’s position as the best place in Europe to create, invest, and scale-up a fast-growing digital and technologies business.

    These include an £86 billion commitment to funding for R&D, a new £25 million scheme to bring elite AI experts to the UK, £187 million for new schemes to train up the tech workforce of tomorrow, and £1 billion funding for the AI Research Resource announced by the Prime Minister yesterday.

    Science and Technology Secretary Peter Kyle said:

    We have all seen over the last few years, just how rapidly and profoundly technologies like AI are transforming the economy, and our society. Britain can – and must – be at the cutting edge of this change. The era of hesitancy is over: we can be the masters of our fate, and through the measures I am announcing today, we will harness the vast potential of our trillion-pound tech sector to help remake our country for the better.

    This is the Plan for Change, in action. The UK has all the tools needed for success in science and technology, and by working as an active partner to our world-leading universities and cutting-edge businesses, this government will ensure that we seize the era-defining opportunities before us.

    Business and Trade Secretary Jonathan Reynolds said:

    The UK continues to be a prime destination for tech businesses from across the world to come and succeed, and London Tech Week is a shining example of this.

    Securing valuable high-tech investment is an integral mission of this government and seeing global investors put billions in the UK economy shows the Plan for Change is working, with more and more companies choosing Britain.

    With tech being identified as a key growth sector in our upcoming modern Industrial Strategy, we’re not only helping attract and secure investment, but delivering long-term, stable growth that supports skilled jobs and raises living standards across the UK.

    Announcements being made today are evidence of the holistic approach the government is taking to turbo-charging Britain’s tech sector.

    Science and Technology Venture Capital Fellowship

    To encourage the investment and access to risk capital that is critical for science and tech-backed businesses in the early stages, we are opening the Science and Technology Venture Capital Fellowship for a second cohort and round of applications, to increase the capacity of the UK financial sector to invest in the tomorrow’s breakthroughs, today. This will be delivered by the Royal Academy of Engineering and Imperial Business School.

    Turing AI ‘Global’ fellowships

    New efforts to build the skills base Britain needs to seize the potential of AI, are being backed with £25 million. A prestigious new AI talent fellowship will be launched, to attract 5 top AI experts to the UK: the Turing AI ‘Global’ fellowships. Fellows will receive substantial packages to relocate to the UK and quickly build a team of experts to conduct frontier AI research and contribute to the UK’s AI ecosystem.

    Encode: AI for Science Fellowship

    The government also intends to fund a UK-based expansion of the Encode: AI for Science Fellowship. Conceived and delivered by Pillar VC and enabled by ARIA, the programme embeds world-class AI researchers into cutting-edge scientific labs, accelerating the pathway to industry, and enabling talent to spend one year immersed in intensive exploration, feedback, and development cycles.

    The Encode fellowships will commence earlier, with new talent arriving in the UK by Autumn 2025. This will be backed by the UK Sovereign AI Unit with up to £5 million in government funding.

    This investment will ensure the UK further benefits from the extraordinary talent Encode has already attracted, catalysing new collaborations in areas such as climate modelling, rare disease treatment, crop development, and neuroscience. Encode is one of the first initiatives launched and supported through ARIA’s flagship Activation Partners initiative.

    Spinouts Register

    Meanwhile a world-first new Spinouts Register marks a step-change in the type and quality of information available on the UK’s spinouts – which will inform better policymaking, and enable better support for these important companies. This comprehensive database covering the more than 2,000 spinouts formed since 2012/2013 in the UK, represents the first ever ‘official’ list of all spin-out companies produced by UK universities.

    The first flagship analysis to better understand how spinouts grow and succeed, drawing on data within the Register, is also being published today, by the University of Cambridge’s Policy Evidence Unit for University, Commercialisation and Innovation (UCI). Initial findings show university spinouts outperform other start-ups, including contributions in key strategically important sectors, with university spinouts comprising 70% of the top 20 life science startups by investment raised. The Register has been developed by the Higher Education Statistics Agency with Research England and UCI.

    Working internationally delivers benefits beyond investment, and working with global partners is also critical to the UK’s ambitions for science and technology. The vast opportunities for our innovators through schemes like Horizon Europe are central to that. Later today, Peter Kyle will meet with European Commissioner for Research and Innovation Commissioner Ekaterina Zaharieva to discuss how to exploit these opportunities even further, building on the UK having recently gained access to more quantum and space Horizon funding calls.

    All of this is on top of commitments to the UK’s innovation and technology-forward future announced by the Prime Minister, yesterday, including greater support for researchers to spin their ideas out into successful businesses, and new schemes like the Tech First programme that will give British workers the skills they need to thrive in the decades ahead. The government is also developing the National Digital Exchange, a web platform that could save the public sector £1.2 billion on buying tech, as well as cutting duplicative costs and processes.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 3000

    Updates to this page

    Published 10 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: China releases historical documents exposing Japanese war crimes in northeast

    Translation. Region: Russian Federal

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

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

    SHENYANG, June 10 (Xinhua) — More than 1,200 historical documents related to the Japanese invasion of China during World War II were released by the Archives of Northeast China’s Liaoning Province on Monday, International Archives Day, providing new evidence of Japanese aggression in China more than 80 years ago.

    These files are archive catalogues of the South Manchuria Railway (SMRR), which was founded in 1906 and ceased to exist in 1945. The colonial enterprise was believed to have financed Japan’s militaristic ambitions during the Chinese People’s War of Resistance Against Japanese Aggression from 1931 to 1945.

    Among the files released are compensation tables for the families of soldiers killed and injured in the September 18, 1931, incident that marked the beginning of Japan’s 14-year invasion of China. The incident occurred when Japanese troops blew up a section of railway under their control near the city of Shenyang and accused Chinese troops of sabotage as a pretext for the attack. That same evening, they launched a large-scale invasion of northeast China, shelling Chinese barracks near Shenyang.

    Other files relate to events such as the July 7 Incident and the Nanjing Massacre. “The documents showed that the South Manchuria Railway played a significant role in Japan’s invasion of China by collecting intelligence, supporting pro-Japanese forces, financing the war, participating in military actions, and glorifying aggression,” said Cong Longhai, an official at the Liaoning Provincial Archives.

    According to him, during its work in China, the company controlled the economic life of Northeast China, plundered mineral resources and collected various intelligence data.

    “These files contain evidence of the Japanese invasion of China, as well as irrefutable evidence written by the Japanese invaders themselves, which is of significant historical value,” he said.

    This year marks the 80th anniversary of the Chinese people’s victory in the War of Resistance Against Japanese Aggression and the World Anti-Fascist War. By releasing the historical documents, Cong Longhai hopes that they will help uncover the hidden history of Japan’s long-planned invasion of China and tell the story of the heroic deeds of the Chinese people during the war, he added. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: 12 outstanding projects were selected at the 4th Youth Innovation and Entrepreneurship Competition of the SCO Member States

    Translation. Region: Russian Federal

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

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

    QINGDAO, June 10 (Xinhua) — The award ceremony for the winners of the 4th Shanghai Cooperation Organization (SCO) Youth Innovation and Entrepreneurship Competition and the opening ceremony of the SCO Year of Sustainable Development exchange event were held in Qingdao, east China’s Shandong Province, on Monday.

    Following the competition, 12 outstanding projects from 8 countries were selected from more than 200 projects, including 1 first-class award, 2 second-class awards, 3 third-class awards and 6 excellent project awards. The first-class award was given to China’s project on key unmanned technologies for intelligent airport, which uses intelligent data analysis through radar, video and other technologies to realize high-precision joint dispatching of unmanned vehicles and aircraft.

    The projects participating in the competition cover such cutting-edge areas as electronic information, artificial intelligence, chemistry and chemical industry, as well as new materials, of which more than 35 percent are international cooperation projects.

    The events were organized by the China-SCO Technology Transfer Center with the support of the SCO Secretariat and the Department of International Cooperation of the Ministry of Science and Technology of the People’s Republic of China.

    In early July 2024, China assumed the rotating presidency of the SCO for 2024-2025. It was previously announced that the organization’s next summit would be held in Tianjin this fall. -0-

    MIL OSI Russia News

  • MIL-OSI United Nations: Secretary-General’s opening remarks at press conference at Ocean Conference [Full transcript, scroll down for French]

    Source: United Nations secretary general

    Good morning,
     
    We are in Nice on a mission – save the ocean, to save our future.

    That was my message at the Conference opening yesterday, and it is the message I have carried through all my meetings.
     
    The ocean is the lifeblood of our planet.
     
    It produces half of the oxygen we breathe, nourishes billions of people, supports hundreds of millions of jobs, and underpins global trade.
     
    For many, the ocean is more than a source of food and livelihood.
     
    It shapes cultures…anchors identities… and feeds the soul.
     
    Yet, we are treating it like a limitless resource – pretending it can absorb our abuse without consequence.
     
    Every year, we see more troubling signs that our ocean is under siege.
     
    Fish populations are collapsing due to reckless illegal fishing and overexploitation.
     
    Climate change is driving ocean acidification and heating – destroying coral reefs, accelerating sea level rise, and threatening communities worldwide.
     
    And plastic pollution is choking marine life and infesting our food chain – ultimately ending up in our blood and even our brains.
     
    When we poison the ocean, we poison ourselves.
     
    Dear friends,
     
    There’s a tipping point approaching – beyond which recovery may become impossible.
     
    And let us be clear:
     
    Powerful interests are pushing us towards the brink.
     
    We are facing a hard battle, against a clear enemy.
     
    Its name is greed.
     
    Greed that sows doubt… denies science… distorts truth… rewards corruption… and destroys life for profit.
     
    We cannot let greed dictate the fate of our planet.
     
    That is why we are here this week: to stand in solidarity against those forces and reclaim what belongs to us all.
     
    Governments, business leaders, fishers, scientists…  everyone has a responsibility and a vital role to play.
     
    Throughout my many engagements at the Conference, I have highlighted four priorities.
     
    First – we must transform how we harvest the ocean’s bounty.
     
    It is not about fishing, it’s about how we fish.
     
    Sustainable fishing is not a choice – it is our only option.
     
    This means stronger global cooperation, strict enforcement against illegal fishing, and expanded protected areas to rebuild stocks and safeguard marine life.
     
    And it means delivering on the 30 by 30 target – to conserve and manage at least 30 per cent of marine and coastal areas by 2030.
     
    We have a moral duty to ensure future generations inherit oceans swarming with life.
     
    Second – we must confront the plague of plastic pollution.
     
    This means phasing out single-use plastics, overhauling waste systems, and boosting recycling.
     
    All countries must quickly finalize an ambitious, legally binding global treaty to end plastic pollution. And we hope that this will happen this year.
     
    Third – the fight against climate change must extend to the seas.
     
    For decades, the ocean has been absorbing carbon emissions and taking the heat of a warming planet.
     
    That comes at great cost.
     
    As we prepare for COP30 in Brazil, countries must present ambitious national climate action plans.
     
    These plans must align with limiting the rise in global temperature to 1.5 degrees Celsius;
     
    Cover all emissions and the whole economy;
     
    And in line with the commitments countries have made to accelerate the global energy transition and seize the benefits of clean power.
     
    Last year, for the first time, the annual global temperature was 1.5°C hotter than pre-industrial times.
     
    Scientists are clear: that does not mean that the long-term global temperature rise limit to 1.5 degrees is out of reach.
     
    It means we need to fight harder.
     
    The ocean depends on it – and so do we.
     
    I urge countries to champion ocean-based climate solutions – like protecting mangroves, seagrass beds, and coral reefs.
     
    We must also increase financial and technological support to developing countries – so that they can protect themselves from extreme weather and respond when disasters strike.
     
    The survival of coastal communities and Small Island Developing States depends on it.
     
    And fourth – we must implement the recent Agreement on Marine Biodiversity of Areas Beyond National Jurisdiction.
     
    The Agreement is a historic step towards protecting vast areas of our ocean.
     
    I congratulate the 134 countries that have signed and the 49 and counting that have ratified the Agreement – including 18 new signatures and 18 ratifications yesterday alone.
     
    The entry into force is within our sight.
     
    And I call on all remaining nations to join swiftly.
     
    We do not have a moment to lose.
     
    Finally, on seabed mining, we have a collective responsibility to proceed with great caution.
     
    I support the ongoing work of the International Seabed Authority on this important issue.
     
    As I said yesterday, the deep sea cannot become the Wild West.
     
    Ladies and gentlemen of the media,
     
    The urgency of this moment cannot be overstated.
     
    Ocean health is inseparable from human health, climate stability, and global prosperity.
     
    But I leave Nice energized and encouraged by the many pledges already made.
     
    Encouraged by island nations and Indigenous Peoples sharing their stories and expertise…
     
    Encouraged by young activists demanding action and accountability…
     
    Scientists developing innovative solutions for all…
     
    Business leaders investing in the blue economy…
     
    This is the global coalition we need.
     
    I urge everyone to step forward with decisive commitments and tangible funding.
     
    The ocean has given us so much.
     
    It is time we returned the favor.
     
    Our health, our climate, and our future depend on it.
     
    Thank you. Je vous remercie.
     
    Question: Secretary General, you warned against a wild west on deep sea mining. Beyond words, what specific actions would you like countries to take to either stop deep sea mining or put in place strong regulations?
     
    Secretary-General: Well, as I mentioned, there is an institution that has a key role to play, and is playing it, and I trust that they will be doing what is necessary to avoid the Wild West that I mentioned. It is the International Seabed Authority, and I think it’s extremely important not to have any kind of initiative that is beyond whatever will be established by the International Seabed Authority.
     
    Question: Mr. Secretary-General, you said we have to save the ocean. Are you happy with this conference? Do you think it will make a difference?
     
    Secretary-General: I think it is making a difference. There is one aspect that is particularly evident. UNCLOS, the United Nations Convention on the Law of the Sea, took 12 years to enter into force. We are two years from the BBNJ, and we have already, as of today, 49 ratifications [Editor’s Note: 50 including the EU] with 15 commitments to do it soon, which means that it will, in the next few months, reach the entry into force. That is a record – a little bit more than two years. So, I see a momentum and an enthusiasm that was difficult to find in the past.
     
    And the way this meeting was attended – not only by countries, but by civil society, by the business community, by indigenous communities, representing more than double those that came to the Lisbon conference that I attended two years ago – shows the very strong commitment made by countries in relation to enlarging the protection areas. All these shows a momentum that, to be honest, I had never witnessed in conferences of this type. Am I entirely happy? Of course not. I would like things to move much faster.
     
    And let’s not forget that there is a clear link between biodiversity, climate and marine protection. And in that clear link, we still have some dramatic gaps. And one of the most worrying ones is, of course, the impact of climate change on the oceans – the fact that the rising of sea levels is accelerating; the fact that waters are more and more warmer with acidification. We see the impacts in coastal areas. We see the corals bleaching, and we see that climate change became an extremely dramatic threat to the lives of our oceans. And there, I have to say, we are moving slowly, and I hope the COP in Belém will be able to provide the necessary acceleration.
     
    Question: You said that sustainable fishing was the only option left, but for small states like Sri Lanka that’s struggling with bottom trawling – a regional practice  – and IUU fishing [Illegal, unreported and unregulated], we don’t have the capacity to enforce and control external actors like that. What can the UN do to assist small states to protect its fish stocks and marine ecology?
     
    Secretary-General: I think we must develop forms, first of all, of accountability in relation to illegal fishing and in relation to the way fishing resources of developing countries are being exploited by a certain number of predators. So, there is a question of accountability, and we’ll be doing our best to increase the mechanisms of international accountability that for the moment – let us be clear – are extremely limited and inefficient.
     
    Question: CO2 emissions from fossil fuels are a double problem for the ocean because of acidification, and they are hitting the atmosphere and the ocean. At the same time, there’s a lot of oil industry activity that happens in the ocean, which is a continuing risk. What message and agreements do you expect to hear from the countries in this conference regarding the fossil fuel industry or is this not a subject right now in this conference?
     
    Secretary-General: I believe the energy transition will be more central in the COP meeting than in this meeting. But there are two things that, for me, are absolutely evident. First is that 85 per cent of the emissions correspond to fossil fuels. So the problem of climate change is essentially linked to fossil fuels. The second is that we are witnessing an energy transition that demonstrates that the cheapest way to produce energy is through renewables.
     
    You might have heard what I said about greed. There is a dramatic effort from the fossil fuel industry to distort the reality. But one thing for me is inevitable – the fossil fuel age is coming to an end, and the renewable age will be there as the age of the future. The problem is, will that be done on time? And what we need is to accelerate that transition.  And I hope that in the COP there will be a very strong message in this regard.
     
    Question: I wanted to ask if you have concerns generally about the 1.5 target slipping out from policymakers’ speeches as people come to accept that it’s not likely to be met. Are you concerned that people are moving ahead and starting to talk about 2 degrees? How do you keep up the message around 1.5 when the science looks certain that it will be passed?
     
    Secretary-General: I am concerned. Scientists are very clear when they tell us that the 1.5 degrees is still achievable as a limit to global warming. But they are also unanimous in saying that we are on the brink of a tipping point that might make it impossible. So there is a matter of urgency that is extremely important, and that is the reason of my concern. Until now, we have not seen enough urgency, enough speed in making things move fast, in energy transition and in other aspects that are essential to keep 1.5 degrees alive. A lot of progress is being seen, but not yet enough, and we must accelerate our transition. And this is, for me, the most important objective of the next COP, and of the pressure we are making at the present moment on countries to have Nationally Determined Contributions, the so-called national action plans, that are fully compatible with 1.5 degrees, which foresees until 2035 a dramatic reduction of emissions.
     

    ****

     
    LE SECRÉTAIRE GÉNÉRAL
    REMARQUES À LA PRESSE À LA CONFÉRENCE DES NATIONS UNIES POUR L’OCÉAN

     
     
    Bonjour à tous,
     
    Nous sommes à Nice en mission : sauver l’océan – pour sauver notre avenir.
     
    C’était le message que j’ai porté à l’ouverture de la Conférence hier.
    Et c’est le message que j’ai répété à chacune de mes rencontres ici.
     
    L’océan est le poumon de notre planète.
     
    Il produit la moitié de l’oxygène que nous respirons… nourrit des milliards de personnes… soutient des centaines de millions d’emplois… et fait tourner le commerce mondial.
     
    Mais pour beaucoup, l’océan est bien plus qu’une ressource.
     
    Il façonne des cultures. Il ancre des identités. Il nourrit l’âme humaine.
     
    Et pourtant, nous le traitons comme une ressource inépuisable – comme s’il pouvait absorber nos abus sans conséquences.
     
    Chaque année, les signes de détresse se multiplient.
     
    Les stocks de poissons s’effondrent sous l’effet de la pêche illégale et de la surexploitation.
     
    Le dérèglement climatique provoque l’acidification et le réchauffement des océans – détruisant les récifs de corail, accélérant la montée des eaux, et mettant en péril des communautés entières.
     
    La pollution plastique étouffe la vie marine et contamine notre alimentation – jusqu’à se retrouver dans notre sang… et même dans notre cerveau.
     
    En empoisonnant l’océan, c’est nous-mêmes que nous empoisonnons.
     
    Chers amis,
     
    Nous approchons un point de bascule – au-delà duquel tout retour en arrière pourrait devenir impossible.
     
    Soyons clairs : des intérêts puissants nous poussent dangereusement vers le précipice.
     
    Nous livrons un combat difficile, contre un ennemi bien identifié.
     
    Son nom, c’est la cupidité.
     
    Une cupidité qui sème le doute… nie la science… déforme la vérité… récompense la corruption… et détruit la vie au nom du profit.
     
    Nous ne pouvons pas laisser la cupidité dicter le sort de notre planète.
     
    C’est pourquoi nous sommes ici cette semaine : pour faire front ensemble face à ces forces – et reprendre ce qui appartient à toutes et à tous.
     
    Les gouvernements, les chefs d’entreprise, les pêcheurs, les scientifiques… chacun a une responsabilité, chacun a un rôle vital à jouer.
     
    Tout au long de la Conférence, j’ai mis en avant quatre priorités.
     
    Premièrement – nous devons transformer la manière dont nous récoltons les richesses de l’océan.
     
    La question n’est pas de pêcher ou non — mais de savoir comment nous pêchons.
     
    La pêche durable n’est pas une option – c’est notre seule voie possible.
     
    Cela exige une coopération internationale renforcée, une lutte implacable contre la pêche illégale, et une extension des aires marines protégées pour reconstituer les stocks et préserver la vie marine.
     
    Cela implique aussi de tenir l’objectif 30-30 : protéger et gérer au moins 30 % des zones marines et côtières d’ici 2030.
     
    Nous avons le devoir moral de transmettre aux générations futures des océans pleins de vie.
     
    Deuxièmement – nous devons combattre le fléau de la pollution plastique.
     
    Cela signifie éliminer progressivement les plastiques à usage unique, réformer les systèmes de gestion des déchets, et renforcer le recyclage.
     
    Tous les pays doivent conclure rapidement un traité mondial ambitieux et juridiquement contraignant pour mettre fin à la pollution plastique. Et nous espérons que cela se produira cette année.
     
    Troisièmement – la lutte contre le changement climatique doit aussi se mener en mer.
     
    Depuis des décennies, l’océan absorbe nos émissions de carbone et la chaleur d’une planète en surchauffe.
     
    Cela a un prix.
     
    À l’approche de la COP30 au Brésil, les pays doivent présenter des plans d’action climatique nationaux ambitieux.
     
    Des plans compatibles avec l’objectif de limiter la hausse des températures à 1,5 °C ;
     
    Qui couvrent toutes les émissions et l’ensemble de l’économie ;
     
    Et conformément aux engagements des pays à accélérer la transition énergétique mondiale, en saisissant les opportunités offertes par les énergies propres.
     
    L’an dernier, pour la première fois, la température mondiale annuelle a dépassé de 1,5 °C les niveaux préindustriels.
     
    Les scientifiques sont clairs : cela ne signifie pas que la limite de 1,5 °C est hors de portée.
     
    Cela signifie que nous devons redoubler d’efforts.
     
    L’océan en dépend — et nous aussi.
     
    J’appelle les pays à soutenir les solutions climatiques basées sur l’océan — comme la protection des mangroves, des herbiers marins et des récifs coralliens.
     
    Nous devons aussi accroître le soutien financier et technologique aux pays en développement – pour qu’ils puissent se protéger face aux phénomènes climatiques extrêmes, et répondre rapidement quand les catastrophes frappent.
     
    La survie des communautés côtières et des petits États insulaires en dépend.
     
    Quatrièmement – nous devons mettre en œuvre l’Accord sur la biodiversité marine des zones situées au-delà des juridictions nationales.
     
    L’ Accord est une avancée historique pour protéger d’immenses espaces marins.
     
    Je félicite les 134 pays qui l’ont signé, et les 49 – et c’est pas fini – qui l’ont déjà ratifié, dont 18 signatures et 18 ratifications enregistrées hier seulement.
     
    L’entrée en vigueur est à notre portée.
     
    J’en appelle à tous les autres États pour de les rejoindre sans attendre.
     
    Nous n’avons pas une minute à perdre.
     
    Enfin, sur l’exploitation minière des fonds marins, nous avons une responsabilité collective d’agir avec une extrême prudence.
     
    Je salue les travaux en cours de l’Autorité internationale des fonds marins sur cette question cruciale.
     
    Comme je l’ai dit hier, les grands fonds ne peuvent devenir le Far West des temps modernes.
     
    Mesdames et Messieurs les journalistes,
     
    L’urgence de ce moment ne peut être exagérée.
     
    La santé de l’océan est indissociable de la santé humaine, de la stabilité climatique et de la prospérité mondiale.
     
    Mais je quitte Nice plein d’énergie et d’espoir, porté par les nombreux engagements déjà pris.
     
    Porté par les récits et l’expertise des nations insulaires et des peuples autochtones…
     
    Par la détermination des jeunes militants qui exigent des comptes…
     
    Par les scientifiques qui inventent des solutions pour toutes et tous…
     
    Et par les acteurs économiques qui investissent dans une économie bleue durable.
     
    C’est cette coalition mondiale dont nous avons besoin.
     
    J’en appelle à chacun : engagez-vous avec clarté, avec ambition, et avec des financements concrets.
     
    L’océan nous a tant donné.
     
    Il est temps de lui rendre la pareille.
     
    Notre santé, notre climat et notre avenir en dépendent.
     
    Je vous remercie.
     

    MIL OSI United Nations News

  • Piyush Goyal deepens India–Switzerland trade ties, urges Swiss firms to invest under TEPA

    Source: Government of India

    Source: Government of India (4)

    Union Commerce and Industry Minister Piyush Goyal met with top Swiss business leaders in Bern on Monday to boost bilateral economic ties. The discussions, held under the framework of the recently signed Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA), focused on expanding cooperation in innovation, technology transfer, and sustainable manufacturing.

    During his visit, Goyal interacted with senior leadership from some of Switzerland’s most prominent companies spanning sectors such as biotechnology, precision engineering, healthcare, defence, and emerging technologies. The Minister extended an open invitation for Swiss firms to expand their footprint in India, highlighting the vast potential of India’s rapidly growing economy, youthful talent base, and favorable investment climate.

    Reaffirming India’s commitment to enabling global business, Goyal assured Swiss companies of a transparent regulatory framework, a robust intellectual property rights regime, and investor-friendly policies. He urged businesses to view India not merely as a large consumer market, but as a strategic hub for manufacturing, innovation, and global value chain integration.

    Goyal chaired two sector-focused roundtable discussions with Swiss industry leaders. The first session spotlighted Biotech, Pharma, and Healthcare, while the second addressed Precision Engineering, Defence, and Emerging Technologies. Both events were hosted with support from the Indian Embassy in Switzerland and showcased India’s growing reputation as a destination for affordable innovation and scalable production.

    The Minister highlighted the role of the EFTA Desk at Invest India, set up to provide facilitation support and handholding to potential Swiss investors. He emphasized India’s openness to working towards regulatory harmonization and mutual recognition agreements, further smoothing the path for Swiss-Indian partnerships.

    Beyond business interactions, Goyal also met with members of the Switzerland Chapter of the Institute of Chartered Accountants of India (ICAI). He praised the chapter for its efforts in promoting India’s professional excellence abroad and strengthening the India–Switzerland economic and professional networks.

    Swiss business leaders expressed robust confidence in India’s economic trajectory and its potential as a global innovation powerhouse. Commending India’s growing middle class, skilled workforce, and strong R&D capabilities, companies from a range of sectors voiced their intent to deepen engagement with India. Discussions touched on potential joint ventures, manufacturing localization, and co-development of high-tech solutions across fields such as cell sciences, cancer research, fibre optics, industrial automation, space technology, and cybersecurity.

    Many Swiss companies acknowledged India as a natural partner, describing the bilateral economic relationship as one of strategic alignment and long-term commitment. For them, India represents both a key market and a springboard for accessing international customers through integrated supply chains and co-created technologies.

  • MIL-OSI: EWIA launches funding offering on Conda to drive solar business in Africa

    Source: GlobeNewswire (MIL-OSI)

    • Raising capital for growth, expansion, and diversification
    • Tokenized participation certificate issuance
    • Geschäftsmodell mit dreifachem Impact

    Munich/Accra, 10 June, 2025 – EWIA Green Investments launched a new financing round today on the digital financing platform Conda (conda-capital.com). In order to raise additional equity capital for its growth strategy, the company is issuing tokenized participation certificates worth up to €2 million through a specially established special purpose vehicle (SPV). Since its founding in 2020, EWIA has become a major player in the commercial renewable energy segment in West Africa. Following the successful launch of solar financing and operation for commercial and industrial customers in Ghana, EWIA is now pushing ahead with expansion in Nigeria and Cameroon, as well as diversification into new business areas.

    “Power generation is too expensive and dirty in large parts of Africa, and blackouts are a daily occurrence,” says co-founder and managing director Ralph Schneider. ”EWIA is helping to meet Africa’s growing energy needs with clean, affordable, and reliable solar power.” In 2020, EWIA Green Investments launched in Ghana as a dedicated solar financier, helping medium-sized businesses transition from diesel generators to clean, cost-effective solar energy. By analyzing electricity demand and refinancing potential across various industries, EWIA designs tailored solar solutions that meet the specific needs of each client.Today, EWIA also installs PV systems in-house, acting as an EPC project developer responsible for engineering, procurement, and construction. A subsidiary builds solar-powered telecom towers for mobile network operators

    Triple Impact Investment

    “By transferring capital and know-how to sub-Saharan Africa, we help local businesses operate more successfully, become more competitive, and create jobs — all crucial factors for both the economic and social development of a continent with the youngest and fastest-growing population in the world,” says co-founder and managing director Timo Schäfer. “At the same time, we offer investors in Europe the opportunity to participate in the growth potential of this dynamic market.”

    With subsidiaries currently operating in three African countries, EWIA itself already employs 76 staff — including 31 women — in highly skilled roles with long-term career prospects.

    Financing growth

    With the acquisition of SunErgy GmbH in April, EWIA expanded into Cameroon, where it is electrifying entire villages. SunErgy has been licensed by the Republic of Cameroon to establish solar power supplies for 92 villages with approximately 600,000 people, as well as schools, health centers, and private and public companies in the southwestern region of the country. As part of the transaction, investment and asset manager KGAL acquired a stake in EWIA. At the same time, EWIA is pressing ahead with its expansion into the Nigerian market – the continent’s largest economy. Over the next five years, EWIA aims to expand its project portfolio to over €63 million and significantly increase its footprint in West Africa.

    Under the current offering, investors can subscribe to participation certificates in a special purpose vehicle that holds an interest in EWIA Green Investments GmbH for a minimum amount of €250 per share. The investment has no fixed term and is based on a company valuation of approximately €12.3 million.

    As with equity, investors participate in profits and in the development of the company’s value in proportion to their share equivalent. Detailed information is available at
    https://conda-capital.com/campaign/ewia-3-0-indirekte-beteiligung/.

    With the funds from the newly launched offering, EWIA aims to solidify its market position through scalable operations, a stronger team of skilled professionals, and the continued development of the EWIAFinance.de platform


    About EWIA Green Investments

    EWIA provides small and medium-sized businesses in Africa with access to clean solar energy and serves as a bridge builder to investors in Europe as well as for the transfer of technology know-how. Based in Munich, Germany, with operating entities in Ghana, Cameroon, and Nigeria, EWIA offers private and institutional investors access to attractive impact investments in the fight against climate change and for sustainable economic growth in Africa. Private investors can also invest specifically in solar projects via ewiafinance.de.

    With EWIA’s flexible full-service financing solution, companies in Africa have the opportunity to obtain solar power, financing, security and service from a single source. In the infrastructure sector, EWIA funds and constructs mobile phone communication masts and traffic monitoring systems and equips them with PV systems. www.ewiainvestments.com

    Contact for queries:

    EWIA Green Investments GmbH
    Ralph Schneider, CEO
    ralph.schneider@EWIAinvestments.com
    +49 162 1366 984

    Schwarz Financial Communication
    Frank Schwarz
    schwarz@schwarzfinancial.com
    +49 611 58029290

    Disclaimer: Not for publication in the United States, Australia, Canada, Japan, South Africa, or any other jurisdiction outside the EU, and in particular in jurisdictions that prohibit the offering or sale of these instruments.

    Risk warning: The purchase of this investment involves significant risks, including the possibility of total loss. Please inform yourself thoroughly before investing and seek professional advice. Detailed explanations can be found at Conda Capital Market.

    The MIL Network

  • MIL-OSI United Kingdom: UKHSA urges travellers to take steps to avoid infection abroad

    Source: United Kingdom – Executive Government & Departments

    News story

    UKHSA urges travellers to take steps to avoid infection abroad

    Typhoid and paratyphoid cases reach record high while Malaria cases remain high despite small dip in cases.

    The latest UK Health Security Agency (UKHSA) provisional data shows an increase in travel-associated enteric fever cases (typhoid fever and paratyphoid fever cases) in England, Wales and Northern Ireland, with 702 cases in 2024, an 8% rise from 2023 (645 cases). This represents the highest number of cases recorded annually to date.

    Typhoid and paratyphoid fever are serious preventable illnesses caused by Salmonella bacteria, usually spread through contaminated food or water. In the UK, most cases of enteric fever are acquired abroad, commonly in regions with poor hygiene and sanitation. Previous surveillance has also highlighted a concerning rise in antibiotic-resistant typhoid in Pakistan, which reduces the effectiveness of commonly used antibiotics, impacting the response to treatment, and increasing the risk of complications. A free typhoid vaccination is available from GP surgeries for some travellers, though no vaccine exists for paratyphoid.

    Meanwhile, provisional data shows that imported malaria cases remain at concerning levels in the UK despite a slight decrease in diagnoses to 1,812 in 2024 from 2,106 in 2023. These figures significantly exceed the levels seen in recent years. Most cases were reported during peak summer travel months between July and October. Malaria is potentially fatal but almost entirely preventable when antimalarial tablets are taken correctly.

    There were fewer imported dengue cases reported in the first quarter of 2025 compared to last year in England, Wales and Northern Ireland, with 65 cases in the first 3 months of 2025 compared to 254 cases in 2024, mostly linked to travel to Thailand, Brazil and Indonesia. Dengue cases have increased substantially globally over the past five years, with exceptionally high levels in 2023 and 2024, and the sustained transmission of dengue is an ongoing global health challenge.

    Dr Philip Veal, Consultant in Public Health at UKHSA, said:

    We are seeing high levels of infections such as malaria and typhoid in returning travellers. It is important that travellers remain alert and plan ahead of going abroad – even if you’re visiting friends and relatives abroad or it’s somewhere you visit often. The Travel Health Pro website has information on how to keep yourself and family healthy, including what vaccines to get, any important medication such as anti-malaria tablets, and how to avoid gastrointestinal infections such as typhoid and hepatitis A. If you are pregnant or trying to conceive there are special precautions you should take, so please speak to a healthcare professional before planning your trip.

    Dr Diana Ayoola Mabayoje, co-founder of African Diaspora Malaria Initiative (ADMI), said: 

    Most UK malaria cases occur in Black African people returning from travel to Africa. Community engagement of the African Diaspora in malaria prevention is crucial to reduce imported malaria in the UK. The African Diaspora Malaria Initiative (ADMI) is leading this charge with our upcoming ‘Africans Against Malaria’ campaign. It will directly address the perceptions, beliefs, and behaviours that hinder malaria prevention uptake amongst the UK African diaspora and signpost where to obtain malaria chemoprophylaxis.  Our focus is on community engagement and outreach, and we will be targeting African communities in London ahead of summer travel.

    The Travel Health Pro website, supported by UKHSA, has information on health risks in countries across the world. It is a one-stop-shop for information to help people plan their trip abroad.

    Ideally travellers should consult their GP, practice nurse, pharmacist, or travel clinic at least 4 to 6 weeks before their trip for individual advice, travel vaccines and malaria prevention tablets, if relevant for their destination. Travellers who may be eligible for dengue vaccine should consult 3 to 4 months before travel. 

    In countries with insects that spread diseases like dengue, malaria or Zika virus infection, travellers can protect themselves by using insect repellent, covering exposed skin, and sleeping under an insecticide-treated bed net where air conditioning is not available.    

    It is also important for travellers to:    

    • ensure your routine childhood vaccines are up to date
    • have any recommended travel related vaccines
    • stock up on necessary medications including malaria prevention tablets
    • get valid travel insurance to cover your entire trip and planned activities

    Along with typhoid, hepatitis A is another gastrointestinal infection that is spread through viral infection that affects the liver. The virus spreads through contaminated food or water, and through close contact with infected individuals. A hepatitis A vaccine is available from GPs and travel health clinics and is recommended for those visiting high-risk areas.

    To prevent the spread of hepatitis A, UKHSA recommends:

    • thorough handwashing – especially after using the toilet, changing nappies, helping children with toileting, and before preparing or eating food
    • regular cleaning of toilet seats and handles using standard household cleaning products

    Updates to this page

    Published 10 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: AI revolution to give teachers more time with pupils

    Source: United Kingdom – Government Statements

    Press release

    AI revolution to give teachers more time with pupils

    Government driving forward AI tools to deliver excellence everywhere for every child, as part of Plan for Change

    Pupils across England will benefit from more face-to-face time with teachers as the government forges ahead with plans to harness the power of AI to deliver educational excellence.

    The Department for Education has today (June 10th) launched a package of measures to transform how schools use AI – including the first ever AI guidance for schools and colleges setting out how schools can safely and effectively use AI to transform the classroom experience for students.

    A recent survey showed 43% of teachers rate their AI confidence at just 3/10, with over 60% asking for help applying AI to planning and support tasks. Nearly all teachers wanted safety guidance and additional training.

    The comprehensive guidance delivers on this and gives teachers and leaders the confidence to power-up learning and swap wasted hours spent on admin for time spent inspiring our children – as part of our Plan for Change pledge to deliver an excellent education for every child.

    Education Secretary, Bridget Phillipson, said:

    We’re putting cutting-edge AI tools into the hands of our brilliant teachers to enhance how our children learn and develop – freeing teachers from paperwork so they can focus on what parents and pupils need most: inspiring teaching and personalised support.

    Our Plan for Change demands an excellent education for every child, and making all sure young people are benefitting from the latest technology is a vital step.

    By harnessing AI’s power to cut workloads, we’re revolutionising classrooms and driving high standards everywhere – breaking down barriers to opportunity so every child can achieve and thrive.

    Developed in partnership with education experts from the Chiltern Learning Trust and the Chartered College of Teaching, it sets out clear principles for AI use, with education standards and child safety at the fore. It makes clear that AI should be used to ensure learning remains teacher-led and that teachers should verify accuracy and protect personal data.

    For staff, AI can automate some tasks such as generic letters – giving them hours back to focus on personalised parent communications around children’s education progress and wellbeing.

    An additional £1 million of Contracts for Innovation funding will accelerate development of pioneering AI tools to help with marking and generating detailed, tailored feedback for individual students. Building on the successful AI Tools for Education programme announced last August, this investment will take the tools from the design stage into teachers’ hands – meaning world-first AI interventions are a step closer to being classroom-ready.

    Paul Whiteman, general secretary at school leaders’ union NAHT, said:

    These resources are a welcome source of support for education staff. AI has huge potential benefits for schools and children’s learning, but it is important that these are harnessed in the right way and any pitfalls avoided.

    Government investment in future testing and research is vital as staff need reliable sources of evaluation – supported with evidence – on the benefits, limitations and risks of AI tools and their potential uses.

    As part of this innovation drive, schools and colleges are being invited to become ‘test beds’ for evaluating promising EdTech products, creating an evidence base for technologies that genuinely improve both teaching quality and pupil outcomes.

    These innovations will redefine teaching as a profession, transforming it into a more appealing career choice by significantly reducing administrative workload. It will play a crucial role in attracting and retaining talented educators, accelerating progress toward the government’s pledge to recruit 6,500 additional teachers.

    Earlier this week the Prime Minister set out a package of digital and AI training opportunities as part of a new £187m TechFirst programme to bring digital skills and AI learning into classrooms and communities. This package will train up people of all ages and backgrounds for the tech careers of the future, including giving 1 million secondary school students yearly the chance to learn about technology and gain unprecedented access to skills training and career opportunities.

    These initiatives form a key element of the government’s ambitious Plan for Change, directly supporting the mission to break down barriers to opportunity by ensuring every child benefits from exceptional teaching.

    DfE media enquiries

    Central newsdesk – for journalists 020 7783 8300

    Updates to this page

    Published 10 June 2025

    MIL OSI United Kingdom

  • MIL-OSI: Debt Pressure Building Up for Canadian Businesses

    Source: GlobeNewswire (MIL-OSI)

    – Delinquencies climb, credit demand dips, and regional cracks deepen –

    Equifax® Canada Market Pulse — Q1 2025 Quarterly Business Credit Trends and Insights Report

    TORONTO, June 10, 2025 (GLOBE NEWSWIRE) — After a cautiously optimistic end to 2024, Canadian businesses seem to have entered 2025 with trepidation. According to the Equifax® Canada Q1 2025 Business Credit Trends and Insights Report, delinquencies are rising for businesses across the country and credit demand is slowing, while key sectors are showing early signs of distress — especially those tied closely to consumer trends, with delinquency rates not seen since 2009.

    The Canadian Small Business Health Index1, a benchmark of business credit health and business sentiment, dropped to 99.3 in Q1 2025, a 1.5 per cent decline from the previous quarter. While still slightly above its year-ago level, the dip signals a loss of momentum following gains made late last year.

    Alongside rising delinquencies, Equifax data shows a noticeable slowdown in credit demand, as fewer businesses applied for new credit in Q1 2025, a decline of six per cent when compared to the same time period in 2024. Lower new originations and growing balances could signal growing caution among small business owners, many of whom could be choosing to manage existing debt rather than take on new risk, even with interest rates easing and inflation stabilizing.

    “The Canadian Small Business Health Index shows that business sentiment is down three per cent in Q1 2025 compared to the previous quarter,” noted Jeff Brown, Head of Commercial Solutions at Equifax Canada. “The early months of 2025 are revealing the pressures the business landscape could be facing. Many businesses are caught in a squeeze from both slowing household consumption on one hand and growing business debt stress on the other.”

    Credit Warning Signs Widen
    In Q1 2025, over 309,000 businesses — 11.3 per cent of credit active businesses — missed at least one credit payment. This marks a 14.6 per cent year-over-year increase in business delinquencies and highlights the growing financial strain across sectors.

    _______________________________

    1 The Canadian Small Business Health Index provides a holistic view of Canadian business conditions by combining data collected by Equifax Canada, Business Development Bank of Canada, Statistics Canada and the Bank of Canada.

    Accommodation & Food Services and Retail Sector Missing Payments
    The impact is particularly acute in Accommodation & Food Services, where missed payments jumped to 16.9 per cent, and in Retail Trade, where the rate hit 13.2 per cent. Both sectors are likely suffering from weak consumer spending, rising operating costs, and growing household debt levels. Average monthly consumer credit card spend2 per cardholder fell by 107 dollars during Q1, dropping to the lowest level since March 2022.

    “This seems to be a classic ripple effect,” said Brown. “Equifax data suggests when households pull back, restaurants, retailers and local service providers feel it first — and hardest. This can then travel up the supply chain, where everyone from manufacturers to transport companies feel its effects.”

    Businesses Prioritize Suppliers Over Lenders
    Delinquency trends suggest a shift in how businesses are managing limited cash flow. The 60+ day delinquency rate for financial trade (loans, lines of credit) rose from 3.0 per cent to 3.4 per cent, a 15.5 per cent increase year-over-year. In contrast, industrial trade delinquencies (typically money owed to suppliers) rose more modestly, from 5.5 per cent to 5.7 per cent.

    “Businesses are paying suppliers, but with little to spare, they may be missing banking obligation payments. This may signal that businesses are strategically recalibrating, with many businesses prioritizing supplier relationships to keep operations moving,” added Brown.

    Regional Flashpoints in PEI, Quebec, Ontario and British Colombia
    While delinquencies are rising nationwide, some provinces and industries are flashing red:

    • Ontario and British Columbia led the country in financial trade arrears, up 18.8 per cent and 19.9 per cent year-over-year, respectively.

    • Quebec and Prince Edward Island posted unusually sharp increases in industrial trade delinquencies, up 26.6 per cent and 15.9 per cent year-over-year, respectively, signaling localized stress in supplier-based credit relationships.


    Certain sectors are showing strain

    Sectors showing double-digit increases in year-over-year missed payments include Agriculture (+19.5 per cent), Transportation & Warehousing (+19.3 per cent), Real Estate (+17.0 per cent), Finance & Insurance (+16.4 per cent), and Manufacturing (+10.2 per cent).


    “Businesses across the country and across a variety of industries are showing increased vulnerabilities as broader economic uncertainty continues,” noted Brown. “Businesses will continue to need resilience and careful planning to navigate this economic environment.”

    _______________________________

    2 Average monthly consumer credit card spend comparisons have been adjusted for inflation.

    Province Analysis – 60+ days Delinquency Rates (Account Level)

    Province Delinquency Rate :
    Financial Trades
    (Q1 2025)
    Delinquency Rate
    Change: Financial
    Trades
    (Q1 2025 vs. Q1
    2024)
    Delinquency Rate:
    Industrial Trades
    (Q1 2025)
    Delinquency Rate Change:
    Industrial Trades
    (Q1 2025 vs. Q1 2024)
    Ontario 3.71% 18.85% 5.63% 4.97%
    Quebec 3.49% 13.31% 4.59% 26.55%
    Nova Scotia 2.47% 1.06% 6.19% 8.05%
    New Brunswick 2.82% 5.17% 4.73% -6.22%
    PEI 2.37% 0.34% 4.45% 15.90%
    Newfoundland 2.71% -1.15% 4.90% -12.19%
    Eastern Region 3.58% 16.67% 5.21% 12.51%
    Alberta 3.49% 8.90% 7.07% -13.30%
    Manitoba 3.10% 16.43% 4.54% -1.60%
    Saskatchewan 2.79% -0.11% 6.47% 3.36%
    British Columbia 2.94% 19.93% 6.56% -10.66%
    Western Region 3.17% 13.00% 6.50% -9.74%
    Canada 3.44% 15.50% 5.69% 3.52%
             

    * Based on Equifax data for Q1 2025

    About Equifax
    At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by nearly 15,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.ca.

    Contact:

    Andrew Findlater
    SELECT Public Relations
    afindlater@selectpr.ca
    (647) 444-1197

    Angie Andich
    Equifax Canada Media Relations
    MediaRelationsCanada@equifax.com

    The MIL Network