Category: Transport

  • MIL-OSI USA: Speaker Johnson Joins Meet the Press

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    WASHINGTON — This morning, Speaker Johnson joined Kristen Welker on NBC’s Meet the Press to further dispel myths about the One Big Beautiful Bill.

    “The One Big Beautiful Bill is a big first step to provide relief for the American people, to give everybody more take home pay, more money in their pocket, and to change the trajectory of the country,” Speaker Johnson said. “And again, it’s the first of a number of steps. And President Trump is committed to doing this.”

    Watch the full interview here

    On the CBO discounting economic growth:

    The CBO sometimes gets projections correct, but they’re always off every single time when they project economic growth. They always underestimate the growth that will be brought about by tax cuts and reduction in regulations. When we did this in 2017, the first two years of the Trump administration, we literally brought about the greatest economy in the history of the world, not just the US. Because we got the government off the backs of the people who create the jobs. And we’ve allowed hardworking Americans to have more money in their pocket that they could take home. We’re doing that again. Remember in this big beautiful bill, the reason we call it that is because there’s benefits for everybody. It’s geared for hardworking Americans, lower and middle income Americans. No tax on tips, no tax on overtime, no tax on interest on car loans if you buy products made in the USA.

    We’re going to give relief to seniors on social security. There’s so many benefits and features in this bill, and it’s going to allow everybody to do better. And at the same time, projecting and ensuring the largest amount of savings literally in history. There’s no government on planet Earth that’s ever saved over $1.6 trillion in a piece of legislation. This one does. And so when you reduce government spending and you allow people to keep more of their hard-earned money, the economy grows. And that’s exactly what’s going to happen here.

    On Republican efforts to strengthen Medicaid:

    There are no Medicaid cuts in the big beautiful bill. We we’re not cutting Medicaid. What we’re doing is strengthening the program. We’re reducing fraud, waste, and abuse that is rampant in Medicaid to ensure that program, which is essential for so many people, ensure that it’s available for the most vulnerable. It’s intended for young, single pregnant women and the disabled and the elderly. But what’s happening right now is you have a lot of people, for example, young men, able-bodied workers who are on Medicaid. They’re not working when they can; that drains resources from the people that need it most. And so, what we’re doing here is an important and frankly, heroic thing to preserve the program so that it doesn’t become insolvent. This is not going to hurt rural hospitals. There’s a lot of flex flexibility built into this.

    They keep saying that, you know, 7.6 million people is the figure that are supposedly going to be affected by this. But when you look at those numbers and you break them down, this is high on public opinion polling, you’re talking about 1.4 million illegal aliens that are receiving Medicaid right now. They’re not entitled to that. This is for US citizens in those vulnerable populations. There’s about 4.8 million people that they’re referring to that are able-bodied workers. If you are able to work and you’re not, and you are riding on the public wagon, you need to help pull it. And by the way, Kristen, this is no draconian requirement. All we are requiring in the legislation is 20 hours a week. You can volunteer in your community. You can be in a job training program or you can get to work.

    On Democrat lies about “millionaire” tax cuts:

    That’s a Democrat talking point. This is not giving tax cuts to millionaires. It’s the opposite. The people in the tax bracket that you’re referring to, many of them are small business owners. They are the people that provide the jobs in every community in America. They use pass through taxation. And, we don’t want to to get in the weeds, we don’t have time to get into the complications of it, but we are the party that reduces taxes for all Americans. And I’m telling you, the one big beautiful bill is geared for hardworking Americans. The biggest beneficiaries of this will be low and middle income Americans. That’s what we did in the Tax Cuts and Jobs Act. That’s what we’ll do again, by extending those tax cuts in perpetuity and making them permanent. That was a major promise of the president on the campaign trail. It’s a major promise of ours and we are going to fulfill it. The Republican Party is doing right by the American people and they’re going to feel the effects of that soon.

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    MIL OSI USA News

  • MIL-OSI USA: Republicans Introduce Partisan Military Construction, Veterans Affairs, and Related Agencies Funding Bill that Fails Our Veterans

    Source: United States House of Representatives – Representative Debbie Wasserman Schultz (FL-23)

    When lowering costs for Americans should drive every decision we make, this bill needlessly fixates on keeping guns in the hands of those who are potentially a danger to themselves or others and restricts reproductive rights and other cruel and pointless policy restrictions.

    Funding Proposal Raises the Costs of Veterans Health Care, Hurts Military Readiness, and Worsens Quality of Life for Servicemembers and Their Families

    WASHINGTON — House Appropriations Committee Republicans released the 2026 Military Construction, Veterans Affairs, and Related Agencies Appropriations bill, which will be considered in the subcommittee tomorrow. The legislation fails to fully meet veterans’ needs and falls short of adequately funding military construction projects.

    This bill:

    • Worsens the quality of life for servicemembers and their families and hurts military readiness by funding military construction $904 million below what is needed.
    • Enacts the Project 2025 goal to privatize medical care for veterans by transferring billions to private hospitals and clinics which will only lead to higher costs, longer wait times, poor communication and coordination, and diminished quality of care.
    • Further limits women’s access to abortion, harming women veterans’ health.
    • Leaves military installations, servicemembers, and their families vulnerable to the impacts of climate change and worsening natural disasters by failing to include dedicated funding to strength military installations against these threats.
    • Does not fulfill the United States’ commitments to our allies by providing $188 million less than what is needed on NATO infrastructure.
    • Undermines the ability to keep guns out of the hands of those prohibited under Federal law from purchasing or possessing firearms.
    • Repeats the same extreme House Republican tactics attempted last year by including partisan changes to existing law, known as “riders,” that hurt Americans and create chaos. Once again, Republicans are disenfranchising veterans rather than making VA a welcoming and inclusive place for all those who volunteer to serve our country.

    “This Republican bill would push our Veterans who sacrificed so much, towards Project 2025 privatized health care schemes and critically break with past PACT Act guaranteed funding commitments in the Toxic Exposures Fund (TEF) funding levels. When lowering costs for Americans should drive every decision we make, this bill needlessly fixates on keeping guns in the hands of those who are potentially a danger to themselves or others and restricts reproductive rights and other cruel and pointless policy restrictions. I cannot tell those currently serving and those who defended our nation that this is the best we can do, and therefore, I cannot support this bill,” Military Construction, Veterans Affairs and Related Agencies Appropriations Subcommittee Ranking Member Debbie Wasserman Schultz (D-FL-25) said. “While it avoids deep, across the board cuts, it steers far too many resources into the privatized medical care account and away from vital, VA-based care and it leaves out guaranteed PACT Act funding for the TEF in FY2027, unlike past precedent. We can do far better, and Democrats are ready to do that. But this bill falls short of what our Veterans deserve.”


    “While President Trump fires veterans and dismantles the services and programs across the federal government that they depend on, House Republicans have decided to proceed—business as usual—with 2026 funding bills. They have introduced a funding bill that does nothing to remedy the chaos and pain this administration has caused thousands of veterans and instead pushes extreme, partisan Project 2025 goals of privatizing veterans health services, only raising the costs of critical care. Once again, instead of being laser focused on the cost-of-living crisis, President Trump and House Republicans are actually making it worse,”
    Appropriations Committee Ranking Member Rosa DeLauro (D-CT-03) said. “This bill falls short of honoring our commitment to veterans, servicemembers, and their families by underfunding military construction and leaving our military installations vulnerable to the impact of worsening natural disasters. Just like last year, this bill is built on a framework that harms veterans. Veterans rely on programs across the entire federal government. House Republicans’ proposal to slash critical domestic investments in other funding bills will strip away education, job opportunities, housing, and food assistance that veterans and their families depend on. House Republicans cannot claim to support veterans while making it harder for them to find jobs, feed their families, and keep roofs over their heads.”


    A summary of House Republicans’ 2026 Military Construction, Veterans Affairs, and Related Agencies Appropriations bill is here. A fact sheet of the bill is here. The full text of the bill is here. The subcommittee markup will be webcast live and linked on the House Committee on Appropriations website.

     

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    MIL OSI USA News

  • MIL-OSI Europe: EU will support raw materials projects outside the EU

    Source: European Union 2

    The Commission has given the green light to 13 projects that will help it access raw materials located outside the EU. The projects will also boost local value creation in third countries. We need raw materials to build electric vehicles, batteries, high-performance magnets and much more.

    MIL OSI Europe News

  • MIL-OSI USA News: ICYMI: “Most Essential Piece of Legislation” in the Western World

    Source: US Whitehouse

    MIL OSI USA News

  • MIL-OSI: EB5 Capital Investor Obtains First Permanent Green Card Approval in 1401 Penn (JF20) Project

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, June 04, 2025 (GLOBE NEWSWIRE) — EB5 Capital is pleased to announce the first I-829 petition approval for an investor in its 1401 Penn (JF20) project. The United States Citizenship and Immigration Services (USCIS) issues approval of the removal of conditions of residency for EB-5 investors who have completed their conditional residency period and have demonstrated that their investment has resulted in the creation of at least ten full-time jobs. I-829 approvals permit EB-5 investors to be lawful permanent residents of the United States. The approved petition was filed in April 2021 and was pending for approximately 50 months.

    “Receiving an I-829 approval represents a significant achievement in the EB-5 journey,” said Natalia Pronina, Vice President of Investor Relations at EB5 Capital. “We are pleased with this first approval notice and look forward to more investors getting approved.”

    Completed in July 2020, JF20 is a mixed-use development featuring a seven-story, 167-unit apartment community and over 20,000 square feet of ground-floor retail in Washington, D.C.’s historic Capitol Hill neighborhood. On the ground floor of the property is The Roost, a 12,500 square foot food hall operated by Neighborhood Restaurant Group featuring 12 individual food and beverage concepts. The dynamic food hall has received critical acclaim and is a premier destination on Capitol Hill.

    To date, EB5 Capital has raised investor funds across over 45 EB-5 projects throughout the United States. JF20 is EB5 Capital’s 21st project which has reached the permanent green card stage for investors going through the EB-5 immigration process. Now that the first petition has been approved, additional I-829 petition adjudications for this project are expected in the coming months.

    About EB5 Capital

    EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, D.C., EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1.4 billion of foreign capital across approximately 45 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.  

    Contact:
    Katherine Willis
    Director, Marketing & Communications
    media@eb5capital.com

    The MIL Network

  • MIL-OSI USA: ICYMI: At Hearing, Trump Treasury Nominee Refuses to Say Whether Trump’s “Big Beautiful Bill” Should Strip Away Health Care from American Families

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren
    June 04, 2025
    Trump Treasury Department created a $50 billion loophole for giant banks after 2017 tax bill passed, while Morrissey was deputy general counsel
    Paying for another $50 billion loophole would mean taking away Medicaid from approximately 700,000 Americans 
    Video of Exchange (YouTube)
    Washington, D.C. — At a hearing of the Senate Finance Committee, U.S. Senator Elizabeth Warren (D-Mass.) questioned Brian Morrissey, nominee for general counsel of the Department of the Treasury, about the cost of tax giveaways to major corporations for American families. 
    After the passage of the Tax Cuts and Jobs Act, lobbyists for foreign banks like Credit Suisse and Barclays lobbied to minimize the effects of new taxes on their profits, eventually securing $50 billion in additional giveaways to foreign banks and their subsidiaries. At the time, Mr. Morrissey was deputy general counsel at the Treasury Department.
    Senator Warren pressed Mr. Morrissey on what further tax giveaways, including ones in Trump’s “Big, Beautiful Bill,” would mean for American families. Mr. Morrissey repeatedly declined to answer how many people would have to lose Medicaid coverage to free up another $50 billion for giveaways to the wealthy. 
    “It’s 700,000 people to make up for a $50 billion loophole. It’s like cutting off every single Medicaid recipient in the state of Nevada just to fund another $50 billion loophole like the ones you all managed to do last time around when you gave foreign banks this special loophole,” said Senator Warren. 
    Mr. Morrissey also declined to answer whether Trump’s “Big Beautiful Bill” should take away money from working-class Americans. Independent analysts have found that the bottom 40% of households in the U.S. would see their incomes fall next year if this bill is passed, while households in the top .1% will get nearly $400,000 in tax breaks. 
    “That’s what this bill is all about: taking from struggling families to give handouts to billionaires and big corporations…I think it’s obscene,” said Senator Warren. 
    Transcript: Hearing to Consider the Nomination of Brian Morrissey, Jr., of Virginia, to be General Counsel for the Department of the TreasurySenate Finance CommitteeJune 3, 2025 
    Senator Elizabeth Warren: Thank you, Mr. Chairman. So Donald Trump ran for President on the promise to lower costs – a promise that he abandoned almost as soon as he got elected. He also promised his “rich as hell” donors that he would deliver big tax breaks. So right now, Senate Republicans are working overtime to pass billionaire tax giveaways – partly paid for by kicking 14 million people off their health care and partly paid for by using magic math to pretend that those tax giveaways don’t cost as much as they actually cost. 
    Now, we’ve seen this play before. In 2017, President Trump’s first tax giveaway to the wealthy was supposed to cost just $1.5 trillion, and that was after there were a bunch of budget gimmicks to keep the total down. But even that wasn’t a big enough giveaway. After the bill passed, the Trump Treasury Department drafted regulations to implement the new law, and corporations sent armies of lobbyists in to write even more loopholes into the tax laws. 
    Now, Mr. Morrissey, you were deputy general counsel at Treasury at this time. So you may remember: lobbyists from foreign banks like Credit Suisse and Barclays won a big new international tax loophole for loans they make to U.S. subsidiaries. Do you know how much they pocketed from that extra giveaway engineered in the Treasury Department?
    Mr. Brian Morrisey, nominee for General Counsel of the Treasury Department: Senator, I’m familiar with many of the regulations under TCJA, but not the answer to your specific question. 
    Senator Warren: Not that one? Well, then I will tell you. It was $50 billion, according to the Joint Committee on Taxation.
    Now, today, President Trump and Congressional Republicans are working to pass a new set of tax cuts for billionaires, millionaires, and giant corporations. This one, the price tag is around $4 trillion. And this time, they are planning to pay for it – in part – by slashing Medicaid and the Affordable Care Act by nearly $1 trillion and kicking 14 million Americans off their health care. It is handout time for billionaires and austerity for everyone else. 
    Mr. Morrisey, you’re nominated to be general counsel at Treasury, meaning you would help in the drafting and implementation of this bill – if it passed – maybe adding another $50 billion tax loophole here, another $50 billion tax loophole there.
    So, Mr. Morrissey, I just want to make sure that you think through what this means. Do you know how many people will have to lose their Medicaid coverage just to pay for one of those $50 billion tax loopholes out of a $4 trillion Trump tax giveaway?
    Mr. Morrisey: Senator, if I were to be confirmed, I would be committed to making sure that folks working at Treasury on tax issues are clear that the policy judgments in this space belong to the Congress. 
    Senator Warren: That’s not the question I’m asking here, Mr. Morrissey. I know you’d like to duck this one. My question is: when you create a $50 billion tax giveaway, do you know how many Americans lose Medicaid coverage to make up $50 billion? Do you know what those numbers are? These are just numbers.  
    Mr. Morrissey: Senator, again, the policy judgement is with the Congress and Treasury would be — 
    Senator Warren: No, it’s not a policy question I’m asking you. If you are going to be over at the Treasury Department and you’re talking about being in a position where you can actually create a $50 billion loophole—and I know you could do that because you’ve done it in the past—I just want to make sure when you’re doing the pluses and minuses of doing this, that you have some idea how many Americans will lose their Medicaid coverage in order to make up for a $50 billion loophole. Do you have any idea how many people have to lose Medicaid coverage to create $50 billion?
    Mr. Morrissey: Senator, whatever judgements this Congress makes in the statute—
    Senator Warren: Ten? A thousand? A million? Do you have any idea what that number is? 
    Mr. Morrissey: Senator, if I am confirmed, I am committed to making sure we are implementing—
    Senator Warren: Do you not have any idea what that number is, or do you just not want to say it?
    Mr. Morrissey: Senator, my role would be on the legal side. The policy side, the weighing of these important issues—
    Senator Warren: I’ll take that as you just don’t want to have to admit it. It’s 700,000 people to make up for a $50 billion loophole. It’s like cutting off every single Medicaid recipient in the state of Nevada just to fund another $50 billion loophole like the ones you all managed to do last time around when you gave foreign banks this special loophole. 
    And that’s what this bill is all about: taking from struggling families to give handouts to billionaires and big corporations. In fact, according to independent experts, Trump’s big, beautiful bill will take money away from the bottom 40% of families and turn around and shovel nearly $400,000 to everyone who’s in the top one-tenth of one percent. 
    So let me just ask you one last question and we’ll finish this up. At a time when families are struggling with higher costs under President Trump, do you really think that Trump’s “big, beautiful bill” should take away money from working-class Americans, Mr. Morrissey?
    Mr. Morrissey: Senator, I think the tax legislation that this Congress passed in 2017 raised living standards and helped Americans across the spectrum and if Congress decides to take new action I am committed to working with Treasury to make sure we implement that.
    Senator Warren: You know, I’ve just got to say: tax cuts for the wealthiest, a $50 billion loophole here, another one there, and so what if hundreds of thousands of people lose their Medicaid and access to health care? That’s what this bill is all about, and I think it’s obscene.

    MIL OSI USA News

  • MIL-OSI USA: Padilla Expands Holds on EPA Nominees After Republicans Overrule Parliamentarian to Gut California’s Clean Air Authority

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla Expands Holds on EPA Nominees After Republicans Overrule Parliamentarian to Gut California’s Clean Air Authority

    Senator Padilla: “The Trump Administration and the Republican majority plowed ahead with an unprecedented power grab at the expense of the health of millions of children and families in California and many other states”
    Padilla releases memo outlining how Senate Republicans went nuclear on Senate rules, warns of future implications
    WASHINGTON, D.C. — After Republicans shortsightedly revoked California’s clean air waivers, U.S. Senator Alex Padilla (D-Calif.), Ranking Member of the Senate Committee on Rules and Administration and a member of the Senate Environment and Public Works Committee, announced his intent to place a blanket hold on Environmental Protection Agency (EPA) nominations, including proceeding with his objections to the four EPA nominations currently pending on the Senate’s Executive Calendar and holding three additional EPA nominations. In his Congressional Record Statement, Padilla stated he will maintain these seven holds until Republicans make appropriate accommodations so that California can protect its own environment and the health of its residents.
    Padilla’s objections come in response to Republicans overruling the nonpartisan Senate Parliamentarian’s decision and going nuclear on the Senate rulebook in order to rescind California’s clean air waivers that allow the state to implement more protective air quality standards. The Senate Parliamentarian determined that any resolutions aimed at overturning California waivers would not be entitled to the Congressional Review Act’s (CRA) expedited procedures and would therefore require 60 votes to secure Senate passage. However, Senate Republicans bypassed the filibuster to rescind these waivers by overruling the Parliamentarian.
    “The Senate’s constitutional role to Advise and Consent regarding executive branch nominations is an important check on agency leadership’s abuse and overreach, and raising these objections regarding EPA nominations is my duty on behalf of the people of the State of California,” wrote Senator Padilla. “I am objecting to expedited consideration of EPA nominees in response to the Trump Administration EPA’s abuse of the Congressional Review Act (CRA) by submitting three waivers issued to the State of California to Congress and claiming they are ‘rules’ under the CRA despite the Government Accountability Office’s clear determination they are not.”
    Padilla stressed that revoking California’s waivers will cause disastrous public health and environmental impacts, highlighting California’s unique air quality challenges and critical efforts to reduce harmful emissions. He also emphasized that EPA’s reckless actions by abusing the CRA fly in the face of longstanding Senate procedures to target California’s waiver authority.
    “The Trump Administration and the Republican majority plowed ahead with an unprecedented power grab at the expense of the health of millions of children and families in California and many other states,” continued Senator Padilla. “They took advantage of EPA’s abuse of the CRA to throw out the rulebook, first by overriding the procedural limits in the text of the CRA itself and then by overturning the Parliamentarian’s decision, all in their quest to take away California’s authority under the Clean Air Act.”
    “This is unacceptable,” added Senator Padilla. “California has done nearly all it can do to reduce emissions from stationary sources of air pollution within its jurisdiction. Given our unique air quality challenges and the worsening impacts of climate change, it is essential for our state to reduce pollution from mobile sources such as cars and trucks if the federal government will not do so itself. That is why Congress has provided this waiver authority to our state for decades and it has been used over 100 times. But now, as a result of the Trump EPA and Senate Republicans’ abuse of the CRA, the people of California will be forced to breathe more toxic air pollution and suffer increasingly devastating impacts of climate change.”
    The seven Senate-confirmable nominations Padilla is holding include four pending on the Senate floor and three working their way through the committee process.
    Senator Padilla also circulated a memo to his Senate colleagues outlining the broad implications of Republicans going nuclear on the Senate rules, detailing that the Senate majority went nuclear by:
    Overriding the text of the CRA, which bars points of order (which they then raised) and
    Overruling the Parliamentarian’s determination by ignoring her and “submitting the question” to the Senate as opposed to overruling the Chair.
    The memo makes clear that by defying their previous commitments and breaking 30 years of CRA precedent with the first successful use of the nuclear option on the legislative filibuster, the CRA is now open to being applied to any agency action that is submitted to Congress going back to 1996, opening up a large new window to force votes in the Senate. In addition, Senate Republicans have now permanently undermined the legislative filibuster that they have claimed to defend on the eve of budget reconciliation, where they are under pressure to overrule the Parliamentarian yet again to avoid a filibuster on legislation that would eliminate health care and nutrition assistance for millions of Americans to cut taxes for the ultra-wealthy.
    Senator Padilla has been a leading voice in pushing back against Republican attacks on California’s Clean Air Act waivers. Over the last month, Padilla has spoken on the Senate floor repeatedly to sound the alarm on Senate Republicans’ revocations of these critical waivers. Padilla, along with Senator Sheldon Whitehouse (D-R.I.) and Democratic Leader Chuck Schumer (D-N.Y.), also led Democratic Ranking Members in strongly warning Majority Leader John Thune (R-S.D.) and Majority Whip John Barrasso (R-Wyo.) of the dangerous and irreparable consequences if Senate Republicans overrule the Senate Parliamentarian’s decision on California’s waivers. Many of his Democratic colleagues voiced similar opposition to Republicans’ unprecedented dismissal of the Senate rulebook.
    In April, Padilla, Whitehouse, and Senator Adam Schiff (D-Calif.) welcomed the Senate Parliamentarian’s decision that the waivers are not subject to the CRA. Padilla also joined Whitehouse and Schiff in blasting Trump and EPA Administrator Lee Zeldin’s weaponization of the EPA after the Government Accountability Office’s (GAO) similar finding. Padilla and Schiff previously slammed the Trump Administration’s intent to roll back dozens of the EPA’s regulations that protect California’s air and water.
    Full text of Senator Padilla’s hold statement is available here.

    MIL OSI USA News

  • MIL-OSI: Deep MM CEO Nathaniel Powell to Present at Fixed Income Leaders Summit

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Deep MM, an AI-powered credit trading solution providing the most accurate U.S. pricing to the private credit market, has announced that its CEO and Founder Nathaniel Powell will be speaking on a panel about leveraging AI, ML and LLM technologies at Fixed Income Leaders Summit (FILS). The presentation – Spotlight on AI: How can you leverage AI, ML and LLM to distill complex datasets and empower trading and investment teams with unique actionable insights? – will be held on June 9 at 1 p.m. ET in Washington D.C. at the Omni Shoreham Hotel.  

    During the presentation Nathaniel will explore both the current and potential applications of AI and machine learning while highlighting how companies in the fixed income space can start deploying them. Attendees can expect to gain valuable insights into how LLM models can improve decision making and how to address the challenges that come with adopting this technology.  

    “AI, machine learning, and deep learning are making advances every day in the world’s economies, which is why there is no good reason for fixed income professionals to be left behind by them, as AI will have an outsized impact in capital markets,” said Nathaniel Powell, CEO and Founder of Deep MM.  “It is an honor that Deep MM was chosen to represent AI at FILS and I am excited to discuss the huge ROI potential for AI technology in fixed income trading.”

    Nathaniel and the Deep MM team will be available to meet at the company’s booth (Booth #50) for the duration of the conference – June 9-11.

    About Deep MM:

    Deep MM is an AI-powered credit trading solution that leverages advanced deep learning, trade secrets, and data analytics to enhance market performance and transparency. The company is pioneering large event models (LEMs), a new and important AI modality for financial and healthcare logistic scenarios. Currently its LEMs provide the most accurate U.S. corporate bond pricing and actionable insights for traders, sell-side dealers, and portfolio managers.

    Based in New York, the company features a team of seasoned experts from the world’s leading banks and tech firms, such as Goldman Sachs, Barclays, and Microsoft. For more information, please visit https://deepmarketmaking.com/.

    About Fixed Income Leaders Summit:

    Fixed Income Leaders Summit will bring together America’s leading buy side heads of fixed income trading and investment, with over 1000 attendees expected from across the full fixed income ecosystem, including representation from all the leading North American buy side firms For more information about the conference, please visit https://fixedincomeus.wbresearch.com/.

    Contact:
    Scott Rosenblum
    For Deep MM
    LEVEL PR
    scott@levelpr.co
    646-776-1222

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/11487d87-1e63-4fd8-bbae-f35fd2b6a9ae.

    The MIL Network

  • MIL-OSI: Nasdaq Launches Exclusive Access to Nasdaq Private Market’s Tape D® API to Deliver Advanced Visibility into Private Markets

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Nasdaq® (Nasdaq: NDAQ) announced today that the company has partnered with Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, to provide greater price transparency and valuation visibility into private, pre-IPO companies, including unicorns and other startups through NPM’s Tape D® private company dataset.

    As the exclusive distributor of the Tape D API, Nasdaq is enhancing essential transparency and access to an increasingly complex private company landscape. Now available to Nasdaq clients through API integration via Nasdaq Data Link, Tape D addresses critical transparency challenges by helping investors evaluate private holdings with greater confidence, enabling banks to structure private transactions more effectively, supporting wealth advisors and shareholders in managing liquidity needs, and equipping private companies with valuable insights for capital raises and tender offers. This comprehensive data product delivers real-time private market pricing by seamlessly integrating primary round data, secondary market transactions, and accounting data including mutual fund marks and 409A valuations.

    “Nasdaq was founded on the principle of leveraging technology to make markets more efficient, and we are committed to driving the same transformation in private markets that we’ve achieved in public markets,” said Oliver Albers, Executive Vice President, Chief Product Officer, Capital Access Platforms at Nasdaq. “The collaboration with Nasdaq Private Market builds upon this foundation, reflecting Nasdaq’s continued commitment to creating an ecosystem where transparency, accessibility, and improved outcomes naturally extend across the entire investment lifecycle,” noted Albers.

    “The private market is now a critical arena for valuation, investment, and planning, and requires accurate, real-time data. With over 1,200 unicorns and billions in equity held by private shareholders, the need for a reliable valuation benchmark is greater than ever. Tape D brings essential clarity to private markets, and we are excited to partner with Nasdaq to broaden access to market participants,” said Marc Perkins, CFA, Senior Vice President of Product at Nasdaq Private Market. In addition to the Tape D API from Nasdaq, NPM offers individual subscriptions directly via NPM’s website.

    The launch of this data partnership with Nasdaq Private Market marks the latest step in Nasdaq’s commitment to enhancing transparency, access, and portfolio management capabilities across the public-to-private investment spectrum. This includes offerings such as Nasdaq Fund Secondaries, which bring greater efficiency, transparency, and scalability to secondary transactions. Nasdaq also delivers solutions designed to equip asset owners and asset allocators with essential research and portfolio management tools that span both public and private markets. These enhancements address specific market challenges, helping managers clearly articulate their value propositions to gather assets while giving allocators the visibility they need for confident decision making.

    For more information about accessing the Nasdaq Private Market Tape D Data API, please visit: https://www.nasdaq.com/solutions/data/equities/TAPED

    About Nasdaq
    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

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    The MIL Network

  • MIL-OSI Security: Defense News: Naval Hospital Twentynine Palms Betters Maternal-Infant Care with Revitalized Multi-Service Ward

    Source: United States Navy

    TWENTYNINE PALMS, Calif. – Naval Hospital Twentynine Palms, located at the Marine Corps Air Ground Combat Center, recently relocated and revitalized its Multi-Service Ward, which houses the Maternal Infant Nursing Department (MIND). Commanding officer Capt. Daniel Clark marked the official opening of the improved inpatient care space for military families with a ribbon cutting on May 29.

    MIL Security OSI

  • MIL-OSI Europe: Strengthening the role of women in preventing violent extremism focus of the OSCE regional meeting in Tashkent

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: Strengthening the role of women in preventing violent extremism focus of the OSCE regional meeting in Tashkent

    Participants of the event on strengthening the role of women in preventing violent extremism focus of the OSCE regional meeting in Tashkent, 4 June 2025. (Yury Kim) Photo details

    To promote women’s leadership in addressing transnational threats, women professionals from across Central Asia convened for a Regional Expert Group Meeting on 3 and 4 June in Tashkent, Uzbekistan. The event focused on youth, gender and labour migration in the context of preventing and countering violent extremism and radicalization that lead to terrorism (P/CVERLT).
    The meeting was jointly organized by the OSCE Project Co-ordinator in Uzbekistan, the OSCE Secretariat’s Gender Issues Programme under the WIN Project and the Transnational Threats Department’s Action against Terrorism Unit. It brought together members of the OSCE Network for Women Professionals on P/CVERLT in Central Asia to share experiences, strengthen regional co-operation, and promote inclusive and effective approaches to shared security challenges.
    “Today’s meeting is an excellent example of co-ordination and co-operation at all levels – between the OSCE Secretariat, field missions in Central Asia and, most importantly, dedicated professionals working to prevent and counter violent extremism and radicalization that leads to terrorism throughout the OSCE area,” said Ambassador Alena Kupchyna, OSCE Co-ordinator of Activities to Address Transnational Threats.
    Participants explored how youth marginalization and online violent extremist narratives are impacting online radicalization to violence in the region. Presentations from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan highlighted the importance of early prevention, multi-stakeholder engagement and context-specific tools.
    “The Network serves not only as a platform for sharing best practices and practical skills but also as a tool to strengthen the role of women in shaping gender-sensitive strategies and in developing efforts to empower women and girls,” emphasized Ambassador Antti Karttunen, OSCE Project Co-ordinator in Uzbekistan.
    The meeting also reaffirmed the value of the OSCE Network for Women Professionals on P/CVERLT as a platform for dialogue, mutual learning and policy innovation. Participants identified shared challenges and developed targeted recommendations for further actions.
    “Women must be at the forefront of building peace and security. Their expertise is essential for ensuring that responses to violent extremism are inclusive, sustainable and effective,” stated Dr. Lara Scarpitta, OSCE Senior Adviser on Gender Issues. “I am proud to see how this Network has grown into a platform for collaboration, sharing best practices and peer support across Central Asia.”
    The meeting concluded with a discussion on regional priorities and the Network’s plan through 2025. The OSCE Network for Women Professionals on P/CVERLT will continue to support dialogue, learning and joint action, strengthening regional co-operation and ensuring that women’s perspectives remain central to preventing and countering violent extremism in Central Asia.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Education Secretary’s speech on attendance at regional conference

    Source: United Kingdom – Executive Government & Departments

    Speech

    Education Secretary’s speech on attendance at regional conference

    The Education Secretary addresses 200 education leaders from the Midlands on our mission to drive up school attendance.

    Good morning, everyone, and thank you so much for being here.  

    And thank you to Carol and the DfE team for your hard work to bring us all together. 

    It’s great to see you gathered here today.  

    I know we’ve all come for the same reason.  

    And it’s not for the chance to check out this great football stadium and imagine what could have been had we not got into education. 

    We’re all here today because we care deeply about the children of this country. 

    Their education, their lives, their futures. 

    They are at the centre of your schools, and they are at the centre of what this government wants to achieve. 

    And as Secretary of State for Education, my time, my energy, my ideas, my drive, my passion – it all belongs to them, the children of this country. 

    Not just some children, all children. 

    That’s my vision for education: 

    Excellence – for every child. 

    High and rising standards – for every child. 

    Opportunity – for every child. 

    In practice, that means four things.  

    It starts with you, great leaders, and all you do to empower our great teachers. 

    Because you know the importance of top-class teaching. 

    You understand how it can transform young lives.  

    So great teachers and great leaders are the first step – they are always the first step when it comes to learning. 

    The second step is what they teach – the curriculum.  

    And you’ll know that our curriculum and assessment review is working hard on that right now. 

    We’ll bring in a curriculum that is broad and deep and rich – ready to set children up for the future.  

    The next step is building a self-improving system. How you as leaders and we as government combine to deliver better life chances for children. 

    Those are three big steps, but it’s the fourth and final one that we’re focusing on today – breaking down the barriers to learning. 

    And in particular: attendance. 

    It’s fundamental.  

    Children can’t benefit from fantastic teachers if they’re not in school. 

    They can’t benefit from a cutting-edge curriculum if they’re not in school. 

    They can’t benefit from your hard work, or from everything this government is doing, if they’re not in school. 

    We all know why that matters. Why at times it’s so frustrating. 

    It’s at the root of what motivates me, what lifts me up and pushes me out the front door every morning.  

    Because across this country, in our towns and cities, in our classrooms and playgrounds, we still see the weight of background hold so many children back. 

    Children from certain parts of the country, children growing up in poverty, children with special educational needs. 

    And we must recognise that absence is at the centre of their stories. 

    It takes those early gaps that show up between children – and it crowbars them further apart. 

    I’ve seen it happen – and I know you have too. 

    When I was a child, skipping school was never an option.  

    My mam saw that I went off to school every day – and that was the end of it.  

    My schools were places I wanted to be. I had teachers who made me feel like I belonged in their classroom.  

    And so even on those grey and drizzly mornings – off to school I went, because that was the place for me. 

    But there were children on my street who weren’t so lucky. 

    They started by missing a day here or there. Testing the boundaries. 

    And when nobody stopped them, that day here or there turned into a day a fortnight, a day a week, until suddenly they were out of school more than they were in school. 

    I’d see them hanging around the park, or outside the corner shop – but rarely in the classroom. 

    I saw that process play out time and again – and I saw the damage it did. 

    I saw how it held children back from becoming all that they could be. 

    You’ll have seen it too. 

    And it’s this time of year when the effects become clear. 

    Because we meet today in the middle of exam season.  

    Children all over the country are squeezing in some last-minute revision. 

    But as education leaders, you’ll all know – the key to exam success is not cramming but consistency. 

    It’s the hard work – from days into weeks, weeks into months, months into years – that’s the foundation for success in exams.  

    And we build that foundation for our children through attendance. 

    Children in school, day in, day out.  

    So the smiles on results day in August – they are built on consistently showing up for school from September to July.  

    We know that, there’s solid data behind it, but I’m sure you all see it across your schools and in your trusts and local authorities: top class attendance leads to top class exam results. 

    But you’ll also know that there will be children in August, standing on the steps in front of your schools, not smiling but frowning. 

    Who feel the sting of disappointment when they open their envelopes.  

    Children who were held back from doing their best because they just weren’t in school enough this year, or last year, or the years before that. 

    Because those missed days – they may have felt harmless at the time – but they add up.  

    And children carry that extra weight with them into the exam room, and on into life beyond school. 

    The truth is that this is happening to far too many children. 

    This morning, children across the country are taking GCSE maths exams, so I’ll sprinkle some statistics into my speech today. 

    This statistic should shock us all. 

    1 in 5 children are persistently absent from our schools. 

    That’s 1.5 million, missing roughly a day every other week. 

    1.5 million. This isn’t a side issue, it’s not a niche problem to talk about in between the big education conversations.  

    This is the big education conversation. 

    Getting children back in school every day, back learning every day, back building towards a brighter future every day.  

    That’s the challenge for me, for you, for parents, for everyone in this room, for anyone across the country who cares about our children’s futures. 

    On that, I’m incredibly ambitious. 

    And since we’re meeting here at Villa Park, I hope you’ll allow me one or two football analogies, especially as my private secretary James, who is with me today, is a lifelong Aston Villa fan. 

    James tells me that since Villa were promoted from the Championship to the Premier League in 2019,  attendance at matches here in this stadium, as a percentage of max capacity, has gone from the mid-70s to the high-90s. 

    Only 2 or 3 seats in every hundred sitting empty on match day. 

    I want to see the same in our schools. And then I want to see even better. 

    We need to go from Championship to Premier League. 

    And the way we do that is by each recognising our joint responsibility to our children. 

    Government, schools, parents – working together to get children back in the classroom. 

    Parents have the responsibility to send their children to school. Of course they do.  

    But what schools do matters too. We can see it in the data. 

    Because within local authorities or trusts – there are similar schools, facing similar challenges, but with very different records on attendance. 

    Some doing really well. But in others we need to see more progress. 

    About two thirds of the difference can be explained by things like where the schools are and the communities they serve.  

    And I’m sure a bit reflects the complexities of schooling that we just can’t measure. 

    But there is a chunk, a big chunk, that is under the control of school leaders. 

    The data is clear – your leadership matters.  

    And we’re arming you with that data. You now have access to AI-powered reports for each of your schools. 

    You can see how each school’s performance compares with 20 similar schools.  

    As well as tailored tips for how to get attendance moving again. 

    And I’m pleased to say reports at trust and local authority level will be available soon. 

    Because that’s where you as system leaders come in, where you can think strategically across your schools. 

    On resourcing. 

    On accountability. 

    On data. 

    You can make a big difference on attendance, you can make a big difference in the lives of those absent children. 

    And as far as I’m concerned, that’s not just an opportunity, it’s a responsibility – one that I sincerely hope you can live up to. 

    So think about what more your schools can do to reach that child who misses too many Monday mornings.  

    What more your schools can do to work with those parents who don’t yet see the importance of attendance. 

    What more your schools can do to make sure every child knows they belong in the classroom. 

    We as government are right here with you – we are determined to do more to support you, determined that you as leaders have what you need to get the job done. 

    Just in the last few weeks we’ve improved our data tools for you.  

    These tools are now harnessing the power of AI to help you quickly identify and address problems as they arise. 

    We’ve also given secondary schools year 6 transition data – because we know, and you do too, that the jump from one school to the next is a key moment for attendance.  

    Giving you the right data means you can support the right children sooner. 

    But we’re going further to give you what you need. 

    We’re launching up to 90 new RISE Attendance and Behaviour Hubs.  

    These will be specially appointed schools.  

    They’ll work hand in hand with up to 500 schools with the most complex challenges. 

    And they’ll lead regional networks – for schools to come together, to share what works, and to learn from each other. 

    We’re also boosting funding by up to £49 million to give mental health support to 900,000 more young people in schools this year. 

    And we’re rolling out school-based nurseries and free breakfast clubs in our primary schools – teaching children from an early age that school is where they belong. 

    Attendance is a generational challenge. This will take grit, it will take graft, and it will take persistence – not for weeks or months but for years.  

    I know you don’t shy away from a challenge when it comes to the futures of our children. 

    You’ve faced huge challenges before, the covid pandemic is just one example.    

    You’ve come out fighting, and you’ve delivered – time and again. 

    And your hard work to get children back in the classroom is beginning to turn the tide. 

    Here’s another statistic – one I’m deeply proud of and you should be to: our children have spent 3 million more days in the classroom this year than last. 

    3 million – what a turn around.  

    So thank you, from the bottom of my heart, for all you’ve done to get attendance back moving in the right direction.  

    I can assure you, that hard work will make such a difference to all those children.  

    To the jobs they go on to get,  

    to the pay they go on to earn,  

    to the lives they go on to live. 

    But we can’t stop here. This isn’t the end of our journey on attendance. It’s just the beginning.  

    Now is the time to kick on, now is the time to take our action to the next level. 

    So thank you for coming today,  

    thank you for your hard work,  

    and thank you for your continued commitment to getting our children back in the classroom – once and for all.

    DfE media enquiries

    Central newsdesk – for journalists 020 7783 8300

    Updates to this page

    Published 4 June 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: Ground Beef Products Recalled

    Source: US State of Rhode Island

    The Rhode Island Department of Health (RIDOH) is advising consumers that a recall has been issued for ground beef products that may be contaminated with E. coli O157:H7.

    The recalled product is in a 1-lb. vacuum-packed package labeled “ORGANIC RANCHER ORGANIC GROUND BEEF 85% LEAN 15% FAT” with “Use or Freeze By 06-19-25” and “Use or Freeze By 06-20-25” (see link before for labels). The raw ground beef item was produced on May 22, 2025, and May 23, 2025. The product bears establishment number “EST. 4027” inside the USDA mark of inspection. This item was shipped to Whole Foods Market retail locations nationwide.

    There have been no confirmed reports of illness due to consumption of these products. Anyone concerned about an illness should contact a healthcare professional.

    E. coli O157:H7 is a potentially deadly bacterium that can cause dehydration, bloody diarrhea, and abdominal cramps 2�8 days (3�4 days, on average) after exposure the organism. While most people recover within a week, some develop a type of kidney failure called hemolytic uremic syndrome (HUS). This condition can occur among people of any age but is most common in children under 5-years old and older adults. It is marked by easy bruising, pallor, and decreased urine output. People who experience these symptoms should seek emergency medical care immediately.

    Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase.

    Media and consumers with questions can contact Danny Desautels, NPC Processing, Inc., President, at 802-660-0496; 802-310-7644; or ddesautels@npcprocessing.com.

    MIL OSI USA News

  • MIL-OSI United Kingdom: More road resurfacing to get underway as council tackles potholes

    Source: City of Wolverhampton

    Roads to be given a new lease of life in the coming weeks include: Cannock Road, A41 Wellington Road, Merridale Road, Lichfield Street, Neachells Lane, Wrottesley Road, Wood End Road, A4039 Millfields Road, Whitgreave Avenue, Ruskin Avenue, Hall Lane, Prestwood Road, Rookery Street and Cumberland Road, with more improvements to follow.

    Resurfacing in Merridale Road starts next Monday 9 June and runs to Friday 13 June, between 9.30am and 3.30pm each day, and along the A41 Wellington Road from Wednesday 11 June to Tuesday 17 June, between 7pm and 5am, weather permitting, with crews quickly moving on to the next roads.

    Councillor Qaiser Azeem, City of Wolverhampton Council’s Cabinet Member for Transport, said: “We know just how important tackling potholes is to people and it is a priority for us.

    “We are going to be out there resurfacing more roads right across the city in the coming weeks providing a smoother journey for all modes of transport.

    “Thousands of potholes are repaired every year, but through a data led and targeted approach of preventative work we can reduce the number of defects occurring.”

    The highways improvements are funded via the council’s £9.7 million highway capital budget, recently boosted by a further £2 million from the City Region Sustainable Transport Settlement (CRSTS), meaning even more potholes will be filled and road resurfacing improvements carried out.

    Restrictions and diversions can be seen via Causeway one.network.

    Report potholes via Report a pothole.

    MIL OSI United Kingdom

  • MIL-OSI Russia: IMF Staff Completes 2025 Article IV Mission to Malawi

    Source: IMF – News in Russian

    June 4, 2025

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

    Washington, DC: An International Monetary Fund (IMF) team led by Justin Tyson visited Malawi from May 22 to June 3 to hold meetings with the Malawian authorities and other counterparts from the public and private sectors and civil society for the 2025 Article IV consultation. Discussions focused on policies to restore macroeconomic stability, and the structural reforms needed to foster strong, inclusive, and durable growth.

    Context, Macroeconomic Outlook, and Risks

    The Malawian economy has been buffeted by several shocks. Real GDP growth declined slightly to 1.8 percent in 2024 as a drought affected agricultural production, while foreign exchange and fuel shortages dampened economic activity. Over 20 percent of the population is facing high levels of food insecurity, up five percentage points over 2023. Headline inflation began easing in late-2024 and reaccelerated in early-2025 in the context of maize prices rising to historical levels, elevated money growth and an increasing official-parallel exchange rate spread.

    Fiscal and monetary policy has remained too accommodative. The FY2024/25 (April/March) fiscal balance fell short of budget targets and deteriorated relative to the previous year as revenue underperformed and expenditure ceilings were exceeded. Persistent and elevated domestic fiscal financing has fueled money growth and inflation, which in turn exerts pressure on the exchange rate. Monetary policy did not tighten sufficiently in the context of elevated government domestic borrowing. The broader reform momentum has been slowing.

    Consequently, domestic, and external imbalances worsened. The current account deficit expanded further to about 22 percent of GDP and gross reserves are critically low, pointing to an overvalued exchange rate. The official-parallel spread is wide and may reflect other factors beyond fundamentals. Malawi remains in external debt distress and domestic debt is growing.

    The macroeconomic outlook is subdued and dependent on the agricultural sector output and foreign grant support. Under current policies, the mission expects real GDP growth to be 2.4 percent in 2025 and gradually increase to 3.4 percent over the medium term. Inflation is projected to average 29 percent in 2025 and settle at around 14 percent over the medium term. The current account deficit is projected to improve to about 17 percent of GDP in 2025 based on lower fuel prices and a rebound in key exports. General elections, scheduled for September, have reinforced political-economy constraints to macroeconomic adjustment. After the expiry of the ECF arrangement, the Malawian authorities are designing a homegrown reform program.

    Risks are tilted to the downside. Lower-than-anticipated grant inflows and food production, additional global trade tensions, and delayed reforms could deepen macroeconomic instability. Greater-than-expected mining investment and production constitute an upside risk.

    Fiscal Policy

    Returning to a sustainable fiscal adjustment path is a priority. Tackling the rising interest bill will create space for domestically-financed investment and pro-poor spending, while also ameliorating the sovereign-bank nexus.

    Domestic revenue mobilization is urgently needed to achieve fiscal sustainability in an equitable way. This could be achieved through a combination of broadening the tax base and tax policy instruments (e.g., reducing exemptions, and personal and corporate income tax reform). Improving wage bill efficiency and rebalancing expenditures towards human capital and social protection could support these efforts.

    Staff welcomes public financial management improvements, which remain critical for strengthening fiscal governance and building public trust. The authorities have made progress in expanding the coverage of the Integrated Financial Management and Information System (IFMIS), bank reconciliations, and increasing the efficiency of public investment. Reform efforts should continue to, inter alia, enhance budget development, execution, and reporting, improve the procurement system, and strengthen State Owned Enterprises (SOE) oversight.

    Decisive steps are needed to restore debt sustainability. The authorities have achieved some progress with their bilateral creditors and continue to engage with their external commercial creditors to ensure that external debt is sustainable. Tangible progress on external debt restructuring could pave the way for new concessional inflows. This should be supported by steps to reduce the cost of domestic borrowing.

    Price Stability and Exchange Rate Policy

    Tighter fiscal and monetary policies would support disinflationary efforts and ease pressure on the exchange rate. High inflation hurts the economy in general, but especially the poorest and most vulnerable. A combination of more restrictive monetary policy and an urgent fiscal adjustment, including enhanced reporting on budget execution, could reduce broad money growth, support policy credibility and re-anchor inflation expectations. Structural constraints may also be contributing to entrenched inflation expectations.

    A unified and market clearing exchange rate is critical to reducing imbalances and supporting the authorities’ growth objectives. The current regime with a large and volatile spread between the parallel and official rate creates distortions, impedes exports, subsidizes some imports, and encourages informality and tax avoidance. Foreign direct investments and official aid flows are discouraged, and domestic revenues reduced. Eliminating these imbalances requires unifying the official and parallel exchange rates, at a level reflecting fundamentals and discounting speculative factors, and stabilizing the foreign exchange market. Consistency between the de facto exchange rate regime, the monetary policy framework and fiscal policy are needed to ensure sustainable growth.

    Financial Sector Policies

    The banking sector’s credit and foreign exchange risks should be monitored to preserve financial stability. While the sector is well-capitalized, liquid, and profitable, its significant exposure to government borrowing and the net foreign liabilities position within the banking sector require continued careful monitoring.

    Increased banking sector credit to the private sector would support economic growth. Fiscal adjustment would reduce crowding out of private sector due to public borrowing and support export-oriented investment. In addition, a lower inflation and interest rate environment would further support credit to businesses.

    Structural Reforms

    Improving the investment climate would help attract investment, diversify the economy, and move up the value chain. Sustained multi-year prudent fiscal policies and removing price distortions (e.g., re-activating the automatic fuel price mechanism) would bolster policy credibility and strengthen external competitiveness. Addressing key structural impediments to growth would durably support efforts to raise productive capacity, reduce inflation and improve self-sustainability, as envisaged under the authorities’ Agriculture, Tourism, Mining and Manufacturing (ATMM) policy umbrella.

    Further strengthening governance measures will support confidence in public service provision. Despite government reform efforts, including the two National Anti-Corruption Strategies, gaps persist. For example, the public procurement process and SOE operations would benefit from greater transparency and less discretionary decision-making.

    The IMF mission team thanks the Malawian authorities and all other interlocutors for the candid discussions and their hospitality.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Tatiana Mossot

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

    https://www.imf.org/en/News/Articles/2025/06/04/pr-25175-malawi-imf-completes-2025-art-iv-mission

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI Security: U.S. Marshals Adopt Arrest Warrant for Wenatchee Father Suspected in Murder of 3 Daughters

    Source: US Marshals Service

    Spokane, WA – The U.S. Marshals Pacific Northwest Violent Offender Task Force is working closely with the Chelan County Sheriff’s Office, the FBI, Homeland Security Investigations, the U.S. Border Patrol, Washington State Department of Corrections, Washington State Patrol, and the Wenatchee Police Department to locate and apprehend Travis Caleb Decker. Decker is suspected of kidnapping and murdering his three young daughters this past weekend. The U.S. Marshals Service is offering a reward of up to $20,000 for information directly leading to Decker’s arrests. The suspect is not known to be armed now but should be considered dangerous.

    On May 30, the Wenatchee Police Department responded to a report of three young girls (ages 9, 8, and 5) not being returned to their mother following a scheduled visitation with their father, Decker, a 32-year-old resident of the Wenatchee area and former military member with extensive tactical training.
    Law enforcement started an investigation immediately. After an Endangered Missing Person Alert was issued, a multi-agency search effort was launched across Chelan County.

    On June 2, Decker’s vehicle was located in Leavenworth. A search of the immediate area led to the discovery of the deceased bodies of all three children. Decker was not located and is currently at large.

    Arrest warrants were initially issued for Custodial Interference, later upgraded to Murder 1st Degree (3 counts) and Kidnapping 1st Degree (3 counts) following the recovery of the victims.

    Anyone with information is urged to contact the U.S. Marshals or local law enforcement immediately, the U.S. Marshals Service Communications Center at 1-800-336-0102 or USMS Tip at http://www.usmarshals.gov/tips.

    The Pacific Northwest Violent Offender Task Force is a U.S. Marshals-led partnership comprising federal, state, and local law enforcement officers from Washington, Oregon, and Alaska. The task force’s primary mission is to locate, arrest, and return to the justice system the most violent and egregious federal and state fugitives.

    MIL Security OSI

  • MIL-OSI Security: ICE Lodges Detainer for Illegal Alien Charged with Child Rape in Massachusetts

    Source: US Department of Homeland Security

    Despite his past criminal history in the U.S., this illegal alien and child pedophile was released into the country by the Biden Administration

    WASHINGTON – The Department of Homeland Security (DHS) today announced Immigration and Customs Enforcement (ICE) lodged a detainer for Lorenzo Lopez Alcario, a criminal illegal alien, who has been charged with rape of a child with force. According to local reports, the brutal sexual assault was captured on video and the child’s mother testified in court.

    This criminal illegal alien from Guatemala first entered the country illegally at an unknown date and location. On July 30, 2017, Lopez was arrested by the Arlington Police Department, Arlington, VA for the Possession of Schedule I/II Controlled Substance. 

    On July 31, 2017, ICE arrested Lopez after he was released from the Arlington County Jail in Virginia. On September 13, 2017, an immigration judge ordered him removed from the United States. On September 28, 2017, ICE removed Lopez from the United States. 

    Under President Biden, this criminal illegal alien re-entered the country illegally on June 17, 2022. Despite his previous criminal arrests in the U.S. and first deportation, he was still RELEASED into the country.  

    “Lorenzo Lopez Alcario is a pedophile illegal alien from Guatemala who should’ve never been in the U.S. in the first place. He is being charged with committing a heinous crime—the rape of a child,” said Assistant Secretary Tricia McLaughlin. “Despite his previous criminal charges and deportation, President Biden released this barbaric criminal into American communities in 2022. Under President Trump and Secretary Noem, ICE lodged a detainer to ensure this criminal illegal alien will not be allowed to terrorize American citizens and will deport this child predator to prevent further victims.” 

    # # #

    MIL Security OSI

  • MIL-OSI USA: SCHUMER APPLAUDS GLOBALFOUNDRIES’ NEW $3 BILLION ADDITIONAL INVESTMENT SPURRED BY HIS CHIPS & SCIENCE LAW, BRINGING TOTAL TO $16 BILLION FOR CAPITAL REGION PROJECT TO BECOME EPICENTER OF AMERICA’S…

    US Senate News:

    Source: United States Senator for New York Charles E Schumer
    Schumer Has Fought For Years To Get GlobalFoundries To Expand Current Fab & Build New, State-Of-The-Art Second Manufacturing Facility In Malta, Delivering Whopping $1.5B Award From His Bipartisan CHIPS & Science Law Last Year To Finally Make Project A Reality
    Now GlobalFoundries Is Investing $3B More In The Project, Further Expanding Advanced Packaging And R&D, Because Of The Foundation Schumer Laid To Strengthen American Semiconductor Leadership
    Schumer: GlobalFoundries Is Doubling Down On The Capital Region With $3B More To Make Upstate NY America’s Semiconductor Epicenter
    A longtime advocate for GlobalFoundries’ growth in the Capital Region, U.S. Senator Chuck Schumer today applauded GlobalFoundries’ announcement that it will invest an additional $3 billion to expand its first-of-its-kind chip packaging facility at its Saratoga County location, bringing its total investment to $16 billion in the Capital Region and the country thanks to his bipartisan CHIPS & Science Law.
    “GlobalFoundries is writing the future of American chipmaking right here in the Capital Region. With this additional $3 billion investment, GlobalFoundries is making a whopping $16 billion investment spurred by my CHIPS & Science Law, and is doubling down on Upstate New York as America’s semiconductor epicenter,” said Senator Schumer. “Soon, America’s AI future, and the next generation of the top chips that power everything from cell phones to cars will be made in Upstate New York from start to finish! I worked for years to pass the CHIPS & Science Law, to deliver more than $1.5 billion in federal CHIPS investment for GlobalFoundries’ growth in Saratoga County, and continued announcements like this show that bet is paying off bigger than most thought possible. This is a win-win-win for GlobalFoundries, Upstate NY’s chip supply chain, and our national & economic security.”
    “Today we continue to show our commitment to U.S. manufacturing by partnering with our customers to onshore critical components of the supply chain needed for datacenters, communications infrastructure, AI edge devices and more,” said Dr. Thomas Caulfield, Executive Chairman of GlobalFoundries. “Thanks to the leadership of Senator Schumer and the New York Delegation, New York has become a world class ecosystem for semiconductor manufacturing and R&D. Today’s investment will reestablish secure, domestic supply chains for critical technologies and continue to bring high-paying manufacturing jobs to Upstate New York.”
    GlobalFoundries is committing an additional $3 billion on advanced research and development initiatives focused on packaging innovation, silicon photonics, and next-generation GaN technologies. With the $16 billion total investment now being made, GlobalFoundries aims to collaborate with major tech companies like Apple, AMD, and General Motors to strengthen American semiconductor leadership by producing American-made chips and advancing AI, aerospace, automotive, and high-performance communication innovation.
    Schumer has worked for years to help GlobalFoundries expand and delivered historic investments from his bipartisan CHIPS & Science Law for GlobalFoundries and the Capital Region. Last year, Schumer secured $1.5 billion in CHIPS funding to support the expansion of GlobalFoundries’ existing fab in Malta, NY, and the construction of a second, state-of-the-art fab at the same site. Schumer later secured an additional $75 million in CHIPS funding for GlobalFoundries to create a first-of-its-kind advanced chips packaging and testing center. The new center will help GlobalFoundries increase production while bolstering national security by creating a secure facility to package, test, and manufacture semiconductors to support defense applications, AI, and high-performance computing, among other key industries. Together, these investments are expected to create thousands of good-paying manufacturing and union construction jobs in the Capital Region.
    On top of the investments Schumer has secured for GlobalFoundries, the senator additionally delivered a historic $825 million in CHIPS funding to make Albany NanoTech the first flagship facility of the National Semiconductor Technology Center (NSTC). The NSTC is a critical part of Schumer’s mission of re-establishing America’s leadership in the semiconductor industry and will bring together industry leaders, researchers from the nation’s top universities, innovators, workers, and entrepreneurs in the Capital Region to give them access to the most advanced chip making machinery in the world and drive the next frontier of chip innovation and manufacturing.
    Currently, there are only four companies outside of China that provide current and mature foundry capabilities at the scale of GlobalFoundries, and GlobalFoundries is the only one of those companies that is headquartered in the United States. GlobalFoundries, a Trusted Foundry for the Department of Defense, is a key supplier of chips for America’s national defense, with strong partnerships with major defense contractors like Lockheed Martin. GlobalFoundries also supplies chips to America’s auto industry with partnerships in place with companies like General Motors, which saw severe shortages of chips during the pandemic, leading to increased prices for cars. Thanks to the investment Schumer has secured, GlobalFoundries is expanding its current fab focused on automotive chips to help meet soaring demand for chips in cars and get ahead of future supply chain challenges.
    GlobalFoundries is a leading producer of essential chips that are critical across industries, from mobile phones and artificial intelligence to automobiles and defense technologies. Growth in AI is driving demand for the chips GlobalFoundries produces. The silicon photonics chips this new Center will produce are also in demand in the automotive, communications, radar, and other critical industries. The New York Advanced Packaging and Photonics Center will offer advanced packaging, assembly, and testing, allowing the company to more easily transform chips into individual packages ready for end-product use entirely in the United States. The Center’s new production capabilities will help onshore advanced packaging, which mostly takes place in Asia today, while further boosting GlobalFoundries’ production capacity.

    MIL OSI USA News

  • MIL-OSI United Kingdom: International Day of Play – Early Years Special Event Day

    Source: City of Coventry

    Celebrate International Day of Play across the Herbert Art Gallery & Museum and Coventry Transport Museum, in collaboration with the 50 Things to Do Before You’re 5 app.

    The museums will be hosting a wide variety of activities and workshops throughout the day, as part of the United Nation’s annual celebration of the power of play.

    The United Nations General Assembly adopted a resolution to create a new International Day of Play, with more than 140 countries as co-sponsors. The goal was to spotlight the importance of play in children’s lives, learning, and development, and to call attention to the need to protect and support children’s right to play. 

    On 11 June, the museums will be helping families in the city to achieve activities based on the 50 Things to Do Before You’re 5 app, from the Council’s Start for Life Team. 

    What to expect on the day: 

    • Visit both the Herbert and Coventry Transport Museum to enjoy a wide range of play-based activities. 
    • We will have a mixture of self-led activities for you to explore, along with facilitated workshops led by our Learning and Engagement Team. 
    • Messy play activities will be included, so come prepared with spare clothes for your little ones and avoid wearing anything you are precious about. 
    • Outdoor activities, including mud kitchen activities, potion making and nature art will happen in the community garden space at the Herbert. 
    • The transport museum will introduce your little ones to lots of STEM inspired activity, encouraging early engineering skills, problem solving and construction. 
    • We will provide you with an activity overview on the day, so you know what is happening, where and when, plus an easy-to-use checklist to tick of your activities as you go. 
    • Our museum environment is very relaxed and friendly. You can join in for as long or as little as you like throughout the day. 
    • Complete 10 or more activities across the day and receive a certificate and badge for your child. 

    To find out more about the 50 Things to Do Before You’re 5 app for Coventry, please visit: 50 Things to Do | Coventry 

    Published: Wednesday, 4th June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: China approves first domestically produced nine-valent HPV vaccine

    Translation. Region: Russian Federal

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

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

    BEIJING, June 4 (Xinhua) — China’s National Medical Products Administration has approved the first domestically developed nonavalent vaccine against human papillomavirus (HPV), the agency said in a statement Wednesday.

    The move would end more than a decade of foreign drug dominance in China’s market.

    The vaccine, which targets nine strains of HPV, is the second of its kind in the world. HPV vaccines are widely used to prevent cervical cancer in women, as well as genital cancers and warts in both men and women. -0-

    MIL OSI Russia News

  • MIL-OSI: DIMO Partners with Grupo Kaufmann to Power the Future of Connected Cars in Latin America

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and SANTIAGO, Chile, June 04, 2025 (GLOBE NEWSWIRE) — DIMO, a leading connected vehicle platform, today announced a first-of-its-kind strategic partnership with Grupo Kaufmann, one of Latin America’s largest automotive dealership networks. With headquarters in Chile and operations spanning six countries, the company is renowned for its commitment to innovation in the automotive industry. Through this partnership, DIMO and Kaufmann are working to redefine the connected car experience for auto dealerships throughout Latin America.

    In 2024, an estimated 1.7 million connected cars were projected to be sold across Latin America—a relatively small share of the region’s total annual vehicle sales. This gap reflects limited connectivity adoption, driven by the historically high cost of building top-down infrastructure, which has caused many automakers to deprioritize the region. Kaufmann aims to close this gap by leveraging DIMO’s standardized connectivity infrastructure to develop interoperable apps and services across automakers. This will bring scalable, affordable innovation to the Latin American market.

    Initially, Kaufmann will deploy DIMO LTE devices for data collection and product development. After integration, it will offer customers a unique set of connected services, such as real-time diagnostics, customized maintenance alerts and rewards-based loyalty programs, further raising the standard of expertise and service excellence.

    At the core of this partnership is DIMO’s transformative data model. Built with a privacy-first approach, the DIMO protocol streamlines vehicle data connectivity with user consent, enabling Kaufmann to deliver data-driven services far more cost-effectively than developing these systems in-house. With the driver’s consent, Kaufmann will gain access to real-time vehicle data. This data unlocks performance insights, personalized service recommendations, and timely outreach – laying the foundation for a proactive customer-first dealership experience. The DIMO protocol ensures drivers maintain full control over their data – fostering trust while delivering mutual value to both consumers and dealerships.

    “Grupo Kaufmann recognizes that the future of connected vehicle services will be shaped by a new generation of apps and services designed for a digitally native audience,” said Alex Rawitz, Co-founder of DIMO. “The world’s new car owners want more than utilities — they want games, social experiences, rewards, and more we’ve yet to imagine. With DIMO’s infrastructure, Kaufmann can serve as the conduit for this creative energy, delivering next-generation experiences to drivers across Latin America.”

    As the global automotive industry accelerates toward connected, digital-first experiences, Kaufmann is taking the lead in Latin America. Its partnership with DIMO reflects a long-term strategy to lead through innovation and sustainability, while transforming the dealership into a hub for lifelong mobility services.

    “At Grupo Kaufmann, we believe the future of the automotive industry in Latin America will be defined by the ability to turn data into meaningful experiences for our customers. Our partnership with DIMO accelerates this vision by enabling efficient, secure, and scalable vehicle connectivity. It’s a key step in our digitalization strategy to position Kaufmann as a regional leader in smart mobility solutions,” said Carlos De Martini, Corporate Digital Business Manager, Grupo Kaufmann.

    About DIMO

    DIMO is the next-generation connected vehicle platform. Its privacy-first and AI integrated infrastructure connects drivers, automakers and developers to expedite connected vehicle application development while retaining full data ownership by drivers. Through the DIMO Mobile app, drivers gain real-time insights to improve vehicle performance, maximize savings on maintenance, and access a growing suite of marketplace applications while earning rewards in DIMO tokens. It was founded in 2021 by a team with decades of experience across automotive and fintech— including roles at ConsenSys, Vroom, GM, Volkswagen, and Chainalysis.

    About Kaufmann

    With more than 70 years of history, Kaufmann has established itself as one of the most influential companies in the automotive sector in Latin America. Present in Chile, Peru, Colombia, Costa Rica, Panama and Nicaragua, it represents leading brands such as Mercedes-Benz, FUSO and Freightliner, and from 2025, it will promote electromobility with the arrival of smart and its 100% electric vehicles. Its commercial network, which in Chile spans from Arica to Punta Arenas, combines a comprehensive offer of cars, buses, trucks and vans with a robust ecosystem of after-sales services, advanced technology and personalized attention.

    Kaufmann’s vision is focused on leading sustainable mobility in the region, maintaining a firm commitment to innovation, operational excellence and customer experience. Its team of more than 2,500 professionals drives a culture focused on the responsible transformation of transportation.

    The MIL Network

  • MIL-OSI: Caro Holdings Launches AI Agent Suite to Automate Investor Relations and Financial Operations

    Source: GlobeNewswire (MIL-OSI)

    SHEFFIELD, United Kingdom, June 04, 2025 (GLOBE NEWSWIRE) — Caro Holdings Inc. (OTC: CAHO), through its subsidiary, has launched an integrated suite of AI agents designed to automate manual processes across investor relations, financial reporting, compliance, and stakeholder communications. The flagship investor chatbot marks the first deployment in a platform built to streamline how public companies manage information flow and engage stakeholders.

    Caro’s AI ecosystem includes specialised agents that work independently and collaboratively to automate critical business functions:

    Investor Relations Agent

    • Provides instant, source-verified responses to investor, analyst, and media inquiries
    • Processes complex multi-document queries across filings, earnings releases, presentations, and regulatory submissions
    • Delivers personalized responses based on user type (institutional investor, retail shareholder, analyst, journalist)
    • Maintains conversation context for follow-up questions and detailed financial analysis

    Caro is also developing additional agents that support public companies in finance, compliance, and communications, including:

    • Financial Reporting Automation Agent – Generates investor-ready summaries, comparative reports, and stakeholder-specific fact sheets
    • Regulatory Compliance Monitor – Tracks disclosure requirements, flags potential issues, and maintains audit trails
    • Market Intelligence Agent – Monitors competitor activity, analyst sentiment, and market signals
    • Stakeholder Communication Agent – Automates personalised outreach, follow-ups, and multi-channel messaging after earnings calls or key events

    The platform leverages agentic AI to perform complex reasoning and decision-making previously requiring human expertise.

    Early adopters report significant impact:

    • 90% reduction in time spent on routine investor queries
    • 75% decrease in manual report prep for meetings
    • 24/7 availability, eliminating business-hour limitations

    The global AI chatbot market is projected to reach $31.11 billion by 2029, with financial services AI agents alone expected to grow to $4.5 billion by 2030 at a 45.4% CAGR. This reflects strong demand for automation tools that cut costs while improving the speed and quality of stakeholder interactions.

    Traditional IR teams still spend up to 80% of their time on repeatable tasks – from handling standard questions to generating boilerplate reports. Caro’s AI suite removes that burden, allowing professionals to focus on strategy and relationship-building.

    Companies interested in eliminating manual investor relations processes can request a demonstration and early access at www.caroholdings.com/earlyaccess.

    About Caro Holdings Inc.
    Caro Holdings Inc. is dedicated to accelerating the growth of brands through digital innovation and AI-powered solutions. Its services include e-commerce strategy, digital marketing, AI voice technology, and growth capital. Learn more at www.caroholdings.com.

    Caro Holdings Inc.
    +1 786-755-3210
    ir@caroholdings.com

    The MIL Network

  • MIL-OSI United Nations: Sudan: Rape survivors and pregnant women cut off from life-saving services as funding collapses

    Source: United Nations Population Fund

    CAIRO, 4 June 2025 – Hundreds of thousands of women and girls in Sudan are being left without access to emergency obstetric care or support after rape, as conflict, access constraints and devastating funding cuts cut off care and gut essential health services. UNFPA, the United Nations sexual and reproductive health agency, warns that without immediate support, women and girls will continue to pay for this crisis with their lives.

    Pregnant women in crisis

    Gynaecologists, nurses and midwives tell UNFPA they are witnessing more and more displaced pregnant women arriving at facilities in desperate condition after months without care, often suffering complications from constant distress, malnutrition, and physical exhaustion. Balghis, a UNFPA-supported midwife in Gedaref state told UNFPA: “By the time they reach us, it’s often a race against time to safeguard the health of the mother, the baby, or both. These are not isolated cases; they are becoming the norm.” 

    Over 1.1 million pregnant women in Sudan currently lack access to antenatal care, safe delivery, and postpartum care due to persistent insecurity, access limitations and inadequate funding, according to WHO. Recent funding cuts by donors have forced UNFPA to withdraw support from more than half of the 93 health facilities it was funding. In the areas most severely affected by fighting, including the regions of Al Jazirah, Kordofan, the Darfurs, and in the capital, Khartoum, 80 percent of health facilities are barely functional or completely shut down. 

    Rape survivors left without protection

    UNFPA’s gender-based violence prevention and treatment services have also undergone sharp cuts, forcing the organization to scale back services to survivors escaping violence and to shutter 11 out of 61 safe spaces. These spaces provided safety, counselling, medical treatment and legal referrals to survivors of rape. Only one in four facilities offering clinical management of rape services across all 18 States are currently fully operational, with the Darfurs and Kordofan the most severely affected.  

    Around 12.1 million people in Sudan —  nearly one in four, most of them women and girls  —   are now at risk of gender-based violence. Demand for gender-based violence services tripled last year, and more than half of those who sought support at UNFPA-supported facilities had been exposed to rape or other forms of sexual assault. 

    Dina, a gender-based violence specialist in Sudan, told UNFPA: “The scale and brutality of violations are beyond anything we’ve previously documented. We have documented numerous cases of adolescent girls who have survived rape and sexual violence. Many are left coping with the consequences, including unwanted pregnancies, sexually transmitted infections, and deep psychological trauma. It will take decades to recover from this. Yet the survivors we work with are still fighting to survive, to raise their voices, and to access justice.” 

    Chronic underfunding puts women and girls at further risk

    Funding for gender-based violence prevention and response has been woefully inadequate for years. In 2024, humanitarian donors provided less than 20 percent of the $62.8 million required to tackle gender-based violence in Sudan. When combined with the deep cuts this year to sexual and reproductive health services which are inextricably linked to gender-based violence services, the service gap is expected to widen.

    “The world is turning its back on the women and girls of Sudan,” said Laila Baker, UNFPA Arab States Regional Director. “Cuts to humanitarian funding are not just budget decisions — they are life-and-death choices. When the services that protect women’s health, safety and dignity vanish, what message do we send? That their suffering is invisible. That their lives don’t matter. This is unacceptable.”

    UNFPA calls on international donors to step up with immediate, urgent funding for Sudan’s women and girls. Silence and inaction are a choice. Donors must act now — lives depend on it.

    Available resources

    Photos from a UNFPA-supported health centre and women and girls’ safe spaces in Gedaref and Kassala are available here:  They are free to use with credit to ©UNFPA.

    To download, journalists can self-register for an account by clicking the “login” button in the upper right corner. Their account will be automatically approved once they verify their email address.

    About UNFPA

    UNFPA is the United Nations sexual and reproductive health agency. Our mission is to deliver a world where every pregnancy is wanted, every childbirth is safe and every young person’s potential is fulfilled.

    Media Contacts

    MIL OSI United Nations News

  • MIL-OSI United Nations: 4 June 2025 Departmental update Neglected tropical diseases further neglected due to ODA cuts

    Source: World Health Organisation

    Neglected tropical diseases (NTDs) are a diverse group of conditions1 that still affect 1 billion people, mainly vulnerable populations in underserved regions of the world. Nevertheless, they are preventable, treatable and can be eliminated. As of May 2025, 56 countries have successfully eliminated at least one NTD – demonstrating significant progress towards WHO’s global target of 100 countries reaching elimination by 2030.

    This hard-won progress is now at risk. The dismantling of official development assistance (ODA) for global health, and particularly for NTD programmes, threatens to stall or reverse gains and negatively impact lives of vulnerable communities.

    Threat to NTD gains

    The recent withdrawal of funding by the United States from NTD projects jeopardizes the success of 19 years of investment in the global effort to eliminate NTDs.

    Early reports shared with the World Health Organization (WHO) indicate that the immediate impact of the funding withdrawal has delayed 47 campaigns in which mass treatment was warranted to free 143 million people from the burden of NTDs. In 2020, WHO Member States set targets for 2030 by endorsing the Road map for neglected tropical diseases 2021–2030 through World Health Assembly decision WHA73(33). Missing the planned campaigns and impact surveys in 2025 will postpone the achievement of targets in at least 10 additional countries. The abrupt cuts also halted critical research to validate new treatments, diagnostics and surveillance platforms to ensure these diseases no longer pose a threat globally.

    On 10 April 2025, WHO issued a warning on the impact caused by sudden suspensions and reductions in ODA for health, indicating that health service disruptions had been reported by over 70% of its surveyed country offices and that NTD programmes were among the most severely affected. In some settings, the nature and scale of service disruptions are comparable to those observed during the peak periods of the COVID-19 pandemic.

    Critical shortages in medicines and health products are leaving one third of responding countries without essential commodities for major health services. At the same time, the suspension of funding has triggered job losses among health and care workers in over half of those countries.

    Furthermore, if alternative mechanisms for service delivery are not urgently secured, suspensions and reductions in ODA for health could lead to expiration of over 55 million NTD tablets by the end of 2025, in Africa alone. In response, countries are working to identify local opportunities to sustain treatment activities, including integrated campaigns within broader health initiatives and mobilization of national resources to protect people’s health, prevent medicine wastage and sustain progress.

    Incredible past achievements at risk

    Over the past two decades, the Government of the United States of America, through USAID, supported the delivery of 3.3 billion treatments to more than 1.7 billion people in 26 countries, clearing infections, stopping transmission and reducing the burden of lymphatic filariasis, onchocerciasis (river blindness), schistosomiasis, soil-transmitted helminthiases (intestinal worm infections) and trachoma in several areas. This cumulative support of US$ 1.4 billion significantly advanced public health outcomes and enabled 14 countries (Bangladesh, Benin, Cambodia, Colombia, Ecuador, Ghana, Guatemala, Lao People’s Democratic Republic, Mali, Mexico, Nepal, Niger, Togo and Viet Nam) to achieve elimination of at least one NTD.

    NTD programmes have continued delivering impressive results despite fierce challenges: in 2023 alone, more than 860 million people received treatment for NTDs through mass drug administration or individual case management; and between January 2023 and May 2025, 17 countries were officially acknowledged by WHO for eliminating one NTD. Today, the halt in drug distribution and the layoff of frontline health workers threaten to reverse this progress – raising serious concerns about the resurgence of NTDs in the most affected regions.

    Funding challenges and implications for NTDs

    The withdrawal of United States funding to NTD programmes is not an isolated event. The last few years have witnessed a deprioritization of financial investments in support of NTDs, which accelerated during the years of the COVID-19 pandemic. For example, in 2021, another key stakeholder, the Government of the United Kingdom of Great Britain and Northern Ireland, ended its flagship NTD initiative, the Ascend programme. Nevertheless, recent pledges such as those made in December 2023 during the Reaching the Last Mile (RLM) Forum had raised hopes of reversing this trend.

    Decreased funding places a heavy strain on NTD programmes at a time when they are called to face unprecedented challenges, including the impact of climate change on vector-borne diseases. Notably, WHO declared dengue a grade 3 emergency in 2024, when over 14 million cases and 10 000 deaths were reported in 107 countries. The current global risk of dengue is assessed as high, and the disease remains a global health threat, while lack of resources continues to hamper prevention and control efforts, and the disease has spread to newer areas and countries in recent years.

    NTD programmes are recognized among the most cost-effective initiatives in global health, also thanks to effective public-private partnerships. Generous donations from pharmaceutical companies including Bayer AG, Chemo Group, Eisai Co. Ltd, EMS SA Pharma, Gilead Sciences, Inc., GSK, Johnson & Johnson, Merck KGaA, Merck Sharp & Dohme (MSD), Novartis, Pfizer and Sanofi – cumulatively valued at over US$ 12 billion between 2011 and today –make life-changing treatments available to those in need at minimal cost.

    Defunding NTD programmes threatens a proven public health success, potentially reversing hard-earned progress, exacerbating the cycle of disease and poverty, leaving vulnerable populations further marginalized and deepening inequality.

    Moving forward

    During the most recent Seventy-eighth World Health Assembly, NTDs were centre-stage, with a number of events held on the margins of the Assembly. Notably, two NTD-related resolutions, on eradication of dracunculiasis (Guinea-worm disease) and on skin diseases, were unanimously adopted by Member States.

    At this critical juncture, it is imperative to build on such renewed consensus and strengthen the global commitment to eliminating NTDs. This requires fostering nationally owned, sustainable programmes complemented by catalytic external support. Together, we must work towards the complete elimination of NTDs and release communities from the heavy burden of suffering these diseases cause.

    Notes

    1. Buruli ulcer; Chagas disease; dengue and chikungunya; dracunculiasis; echinococcosis; foodborne trematodiases; human African trypanosomiasis; leishmaniasis; leprosy; lymphatic filariasis; mycetoma, chromoblastomycosis and other deep mycoses; noma; onchocerciasis; rabies; scabies and other ectoparasitoses; schistosomiasis; snakebite envenoming; soil-transmitted helminthiases; taeniasis and cysticercosis; trachoma; yaws.

    MIL OSI United Nations News

  • MIL-OSI: GDS to Hold Annual General Meeting on June 26, 2025

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, China, June 04, 2025 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that it will hold its 2025 Annual General Meeting of Shareholders (the “AGM”) at Beijing Meeting Room, F5, Building C, Sunland International, No. 999 Zhouhai Road, Pudong, Shanghai, P.R.C. at 4:00 p.m. (China Standard Time) on June 26, 2025 (which is 4:00 a.m. (Eastern Daylight Time) on June 26, 2025).

    Holders of the Company’s ordinary shares and Series A convertible preferred shares listed in the register of members of the Company at the close of business on June 4, 2025 (China Standard Time) are entitled to receive notice of, and vote at, the AGM or at any adjournment that may take place. Beneficial owners of the Company’s American Depositary Shares (“ADSs”) who wish to exercise their voting rights for the underlying Class A ordinary shares must act through JPMorgan Chase Bank, N.A. (“JPMorgan”), the depositary of the Company’s ADS program. Holders of ADSs at the close of business on June 4, 2025, New York time will be able to instruct JPMorgan as to how to vote the Class A ordinary shares represented by such ADSs.

    Copies of the Notice of the AGM, which sets forth the resolutions to be proposed and for which adoption from shareholders is sought, the Proxy Statement and the Proxy Card are available on the Investor Relations section of the Company’s website at http://investors.gds-services.com, on the SEC’s website at www.sec.gov and HKEX’s website at http://www.hkexnews.hk.

    GDS has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (“SEC”). The Company’s Form 20-F can be accessed on the Company’s website at investors.gds-services.com, as well as on the SEC’s website at www.sec.gov.

    GDS has also published its annual report for Hong Kong purposes pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“HKEX”), which can be accessed on the Company’s website at investors.gds-services.com as well as the HKEX’s website at http://www.hkexnews.hk.

    About GDS Holdings Limited

    GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. The Company’s facilities are strategically located in and around primary economic hubs where demand for high-performance data center services is concentrated. The Company’s data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 24-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. The Company also holds a non-controlling 35.6% equity interest in DayOne Data Centers Limited which develops and operates data centers in International markets.

    For investor and media inquiries, please contact:

    GDS Holdings Limited
    Laura Chen
    Phone: +86 (21) 2029-2203
    Email: ir@gds-services.com

    Piacente Financial Communications
    Ross Warner
    Phone: +86 (10) 6508-0677
    Email: GDS@tpg-ir.com

    Brandi Piacente
    Phone: +1 (212) 481-2050
    Email: GDS@tpg-ir.com

    GDS Holdings Limited

    The MIL Network

  • MIL-OSI Global: Development finance in a post-aid world: the case for country platforms

    Source: The Conversation – Africa – By Richard Calland, Emeritus Associate Professor in Public Law, UCT. Visiting Adjunct Professor, WITS School of Governance; Director, Africa Programme, University of Cambridge Institute for Sustainability Leadership, University of Cambridge

    With the Trump administration slashing US Agency for International Development budgets and European nations shifting overseas development aid budgets to bolster defence spending, the world has entered a “post-aid era”.

    But there is an opportunity to recast development finance as strategic investment: “country platforms”.

    Country platforms are government-led, nationally owned mechanisms that bring together a country’s climate priorities, investment needs and reform agenda, and align them with the interests of development partners, private investors and implementing agencies. They function as a strategic hub: convening actors, coordinating funding, and curating pipelines of projects for investment.

    Think of them as the opposite of donor-driven fragmentation. Instead of dozens of disconnected projects driven by external priorities, a country platform enables governments to set the agenda and direct finance to where it is needed most. That could be renewable energy, climate-smart agriculture, resilient infrastructure, or nature-based solutions.

    Country platforms are a current fad. They were the talk of the town at the 2025 Spring meetings of multilateral development banks in Washington DC. Will they quickly fade as the next big new idea comes into view? Or can they escape the limitations and failings of the finance and development aid ecosystem?

    The Independent High Level Expert Group on Climate Finance, on which I serve, is striving to find new ways to ramp up finance – both public and private – in quality and quantity. I agree with those who argue that country platforms could be the innovation that unlocks the capital urgently needed to tackle climate overshoot and buttress economic development.

    The model is already being tested. More than ten countries have launched their platforms, and more are in the pipeline.

    For African countries, the opportunity could not be more timely. African governments are racing to deliver their Nationally Determined Contributions. These are the commitments they’ve made to reduce their greenhouse gas emissions as part of climate change mitigation targets set out in the Paris Agreement. Implementing these plans is often being done under severe fiscal constraints.

    At the same time global capital is looking for investment opportunities. But it needs to be convinced that the rewards will outweigh the risks.

    Where it’s being tested

    In Africa, South Africa’s Just Energy Transition Partnership has demonstrated both the potential and the complexity of a country platform. Egypt and Senegal also have country platforms at different stages of implementation. Kenya and Nigeria are exploring similar mechanisms. The African Union’s Climate Change and Resilient Development Strategy calls for country platforms across the continent.

    New entrants can learn from countries that started first.

    But country platforms come in different shapes and sizes according to the context.

    Another promising example is emerging through Mission 300, an initiative of the World Bank and African Development Bank, working with partners like The Rockefeller Foundation, Global Energy Alliance for People and Planet, and Sustainable Energy for All. It aims to connect 300 million people to clean electricity by 2030.

    Central to this initiative are Compact Delivery and Monitoring Units. These are essentially country platforms anchored in electrification. They reflect how a well-structured country platform can make an impact. Twelve African countries are already moving in this direction. All announced their Mission 300 compacts at the Africa Heads of State Summit in Tanzania.

    This growing cohort reflects a continental commitment to putting energy-driven country platforms at the heart of Africa’s development architecture.

    Why now – and why Africa?

    A well-functioning country platform can help in a number of ways.

    Firstly, it can give the political and economic leadership a clear goal. The platform can survive elections and show stability, certainty and transparency to the investment world.

    Secondly, national ownership and strategic alignment can reduce risk and build confidence. That would encourage investment.

    Thirdly, it builds trust among development partners and investors through clear priorities, transparency, and national ownership.

    Fourthly, it moves beyond isolated pilot projects to system-level transformation – meaning structural change. The transition in one sector, energy for example, creates new value chains that create more, better and safer jobs. Country platforms put African governments in charge of their own economic development, not as passive recipients of climate finance.

    The country sets its investment priorities and then the match-making with international climate finance can begin.

    Making it work: what’s needed

    Developing the data on which a country bases its investment and development plans, and blending those with the fiscal, climate and nature data, is complex. For this reason country platforms require investment in institutional capacity, cross-ministerial collaboration, and strong coordination between finance ministries, environment agencies and economic planners. And especially, in leadership capability.

    African countries must take charge of this capacity and capability acceleration.

    Second, development partners can respond by providing money as well as supporting African leadership, aligning with national strategies, and being willing to co-design mechanisms that meet both investor expectations and local realities.

    Capacity is especially crucial given the scale of Africa’s needs. According to the African Development Bank, Africa will require over US$200 billion annually by 2030 to meet its climate goals. Donor aid will provide only a fraction of this. It will require smart, coordinated investment and careful debt management. Country platforms provide the structure to govern the process.

    Seizing the opportunity

    Country platforms represent one of the most promising innovations in climate and development finance architecture. Properly designed and led, they offer African countries the opportunity to take ownership of their climate and development futures – on their own terms.

    Country platforms could be the “buckle” that finally enables the supply and demand sides of climate finance to come together. It will require commitment, strategic and technical capability, and, above all, smart leadership.

    Richard Calland works for the University of Cambridge Institute for Sustainability Leadership. He is also an Emeritus Associate Professor at the University of Cape Town and an Adjunct Visiting Professor at the University of Witwatersrand School of Governance. He serves on the Advisory Council of the Council for the Advancement of the South African Constitution, Chairs of the Board of Sustainability Education and is a member of the Board of Chapter Zero Southern Africa.

    ref. Development finance in a post-aid world: the case for country platforms – https://theconversation.com/development-finance-in-a-post-aid-world-the-case-for-country-platforms-257994

    MIL OSI – Global Reports

  • MIL-OSI USA: Congressman Kean Visits Northeast Carpenters Training Center with Secretary Lori Chavez-DeRemer

    Source: US Representative Tom Kean, Jr. (NJ-07)

    Contact: Riley Pingree

    (June 4, 2025) NEW JERSEY — Yesterday, Congressman Tom Kean, Jr. (NJ-07) joined U.S. Secretary of Labor Lori Chavez-DeRemer at the Northeast Carpenters Training Center as part of the Secretary’s America at Work listening tour.

    The visit highlighted the United Brotherhood of Carpenters and Joiners of America’s state-of-the-art facility and its hands-on training programs in skilled trades including carpentry, HVAC, and electrical work. Congressman Kean and Secretary Chavez-DeRemer met with New Jersey labor leaders to discuss the critical need for continued federal investment in workforce development, expanded apprenticeship opportunities, and the role of unions in driving economic growth across the state.

    Secretary Chavez-DeRemer’s nationwide America at Work tour is focused on hearing directly from workers, union members, employers, and community leaders to inform and modernize federal labor policy.

    “From construction and manufacturing to transportation infrastructure, everything built in New Jersey is built by the hands of dedicated tradesmen and women,” said Congressman Tom Kean, Jr. “Today’s visit to the Northeast Carpenters Training Center, alongside Secretary of Labor Lori Chavez-DeRemer, was an incredible opportunity to see the next generation of skilled laborers in action. The center’s workforce development programs show how strong partnerships between labor, industry, and educators equip students with the skills, leadership, and safety training they need to succeed on the job and return home safely to their families each night. As we invest in infrastructure, innovation, and nationwide projects, New Jersey will continue to lead the way due to its strong and skilled workforce. I want to thank Secretary Chavez-DeRemer for her continued leadership and for visiting the great Garden State.”

    “Today’s visit to the Northeast Carpenters Training Center in Edison showcased the very best of America’s skilled workforce,” said Secretary Chavez-DeRemer. “This state-of-the-art facility equips apprentices and journeymen with the skillset they need to excel in today’s dynamic construction industry. These innovative, hands-on training facilities will help fuel our economic comeback and empower workers to thrive under President Trump’s leadership. I want to thank Congressman Kean for hosting me on this tour and for his commitment to investing in our workforce.” 

    ###

    MIL OSI USA News

  • MIL-OSI USA: Rep. Becca Balint Calls Out DHS Lack of Accountability for Mahdawi Kidnapping

    Source: United States House of Representatives – Congresswoman Becca Balint (VT-AL)

    “We need answers and accountability for the illegal kidnappings, disappearances and intimidation carried out by Noem and the Trump administration. While not surprising, I’m deeply disturbed that Secretary Noem not only takes no responsibility for these illegal kidnappings, she continues to take pride in them.”

    Today, Rep. Becca Balint (VT-AL) reacts to the Department of Homeland Security (DHS) response to her inquiry on Mohsen Mahdawi’s arrest and detention. Last Friday, Rep. Balint’s office received the following response from Secretary Noem: 

    “Thank you for your April 16, 2025, letter to the Department of Homeland Security (DHS). 

    “The information requested in your letter is currently the subject of active litigation. Accordingly, DHS declines to comment on such matters.” 

    In April, in response to Mr. Mahdawi’s arrest, Rep. Balint and 67 other House Democrats demanded the Administration’s alleged reason for his arrest from Secretaries Rubio and Noem and received no response. On April 30th, Mr. Mahdawi was released on bail following a decision from Judge Geoffrey Crawford. 

    “We need answers and accountability for the illegal kidnappings, disappearances and intimidation carried out by Noem and the Trump administration,” said Rep. Becca Balint. “While not surprising, I’m deeply disturbed that Secretary Noem not only takes no responsibility for these illegal kidnappings, she continues to take pride in them. The fear of being ripped off the streets by masked agents when you show up to work or a citizenship appointment does not make our communities safer. I’m relieved that Mr. Mahdawi has been released and was able to graduate college, but his arrest should terrify us all. Under Trump, ICE and DHS have become a means to carry out political arrests and silence those who disagree with his authoritarian agenda. I’ll continue to demand accountability and justice for everyone in this country, including Mahmoud Khalil and others still being held unjustly.”

    ###

    MIL OSI USA News

  • MIL-OSI Africa: Development finance in a post-aid world: the case for country platforms

    Source: The Conversation – Africa – By Richard Calland, Emeritus Associate Professor in Public Law, UCT. Visiting Adjunct Professor, WITS School of Governance; Director, Africa Programme, University of Cambridge Institute for Sustainability Leadership, University of Cambridge

    With the Trump administration slashing US Agency for International Development budgets and European nations shifting overseas development aid budgets to bolster defence spending, the world has entered a “post-aid era”.

    But there is an opportunity to recast development finance as strategic investment: “country platforms”.

    Country platforms are government-led, nationally owned mechanisms that bring together a country’s climate priorities, investment needs and reform agenda, and align them with the interests of development partners, private investors and implementing agencies. They function as a strategic hub: convening actors, coordinating funding, and curating pipelines of projects for investment.

    Think of them as the opposite of donor-driven fragmentation. Instead of dozens of disconnected projects driven by external priorities, a country platform enables governments to set the agenda and direct finance to where it is needed most. That could be renewable energy, climate-smart agriculture, resilient infrastructure, or nature-based solutions.

    Country platforms are a current fad. They were the talk of the town at the 2025 Spring meetings of multilateral development banks in Washington DC. Will they quickly fade as the next big new idea comes into view? Or can they escape the limitations and failings of the finance and development aid ecosystem?

    The Independent High Level Expert Group on Climate Finance, on which I serve, is striving to find new ways to ramp up finance – both public and private – in quality and quantity. I agree with those who argue that country platforms could be the innovation that unlocks the capital urgently needed to tackle climate overshoot and buttress economic development.

    The model is already being tested. More than ten countries have launched their platforms, and more are in the pipeline.

    For African countries, the opportunity could not be more timely. African governments are racing to deliver their Nationally Determined Contributions. These are the commitments they’ve made to reduce their greenhouse gas emissions as part of climate change mitigation targets set out in the Paris Agreement. Implementing these plans is often being done under severe fiscal constraints.

    At the same time global capital is looking for investment opportunities. But it needs to be convinced that the rewards will outweigh the risks.

    Where it’s being tested

    In Africa, South Africa’s Just Energy Transition Partnership has demonstrated both the potential and the complexity of a country platform. Egypt and Senegal also have country platforms at different stages of implementation. Kenya and Nigeria are exploring similar mechanisms. The African Union’s Climate Change and Resilient Development Strategy calls for country platforms across the continent.

    New entrants can learn from countries that started first.

    But country platforms come in different shapes and sizes according to the context.

    Another promising example is emerging through Mission 300, an initiative of the World Bank and African Development Bank, working with partners like The Rockefeller Foundation, Global Energy Alliance for People and Planet, and Sustainable Energy for All. It aims to connect 300 million people to clean electricity by 2030.

    Central to this initiative are Compact Delivery and Monitoring Units. These are essentially country platforms anchored in electrification. They reflect how a well-structured country platform can make an impact. Twelve African countries are already moving in this direction. All announced their Mission 300 compacts at the Africa Heads of State Summit in Tanzania.

    This growing cohort reflects a continental commitment to putting energy-driven country platforms at the heart of Africa’s development architecture.

    Why now – and why Africa?

    A well-functioning country platform can help in a number of ways.

    Firstly, it can give the political and economic leadership a clear goal. The platform can survive elections and show stability, certainty and transparency to the investment world.

    Secondly, national ownership and strategic alignment can reduce risk and build confidence. That would encourage investment.

    Thirdly, it builds trust among development partners and investors through clear priorities, transparency, and national ownership.

    Fourthly, it moves beyond isolated pilot projects to system-level transformation – meaning structural change. The transition in one sector, energy for example, creates new value chains that create more, better and safer jobs. Country platforms put African governments in charge of their own economic development, not as passive recipients of climate finance.

    The country sets its investment priorities and then the match-making with international climate finance can begin.

    Making it work: what’s needed

    Developing the data on which a country bases its investment and development plans, and blending those with the fiscal, climate and nature data, is complex. For this reason country platforms require investment in institutional capacity, cross-ministerial collaboration, and strong coordination between finance ministries, environment agencies and economic planners. And especially, in leadership capability.

    African countries must take charge of this capacity and capability acceleration.

    Second, development partners can respond by providing money as well as supporting African leadership, aligning with national strategies, and being willing to co-design mechanisms that meet both investor expectations and local realities.

    Capacity is especially crucial given the scale of Africa’s needs. According to the African Development Bank, Africa will require over US$200 billion annually by 2030 to meet its climate goals. Donor aid will provide only a fraction of this. It will require smart, coordinated investment and careful debt management. Country platforms provide the structure to govern the process.

    Seizing the opportunity

    Country platforms represent one of the most promising innovations in climate and development finance architecture. Properly designed and led, they offer African countries the opportunity to take ownership of their climate and development futures – on their own terms.

    Country platforms could be the “buckle” that finally enables the supply and demand sides of climate finance to come together. It will require commitment, strategic and technical capability, and, above all, smart leadership.

    – Development finance in a post-aid world: the case for country platforms
    – https://theconversation.com/development-finance-in-a-post-aid-world-the-case-for-country-platforms-257994

    MIL OSI Africa

  • MIL-OSI United Kingdom: Gaza: Minister for the Middle East statement, 4 June 2025

    Source: United Kingdom – Government Statements

    Oral statement to Parliament

    Gaza: Minister for the Middle East statement, 4 June 2025

    Minister for the Middle East Hamish Falconer made a statement to the House of Commons on Gaza.

    Madam Deputy Speaker,

    We are appalled by repeated reports of mass casualty incidents, in which Palestinians have been killed when trying to access aid sites in Gaza. 

    Desperate civilians who have endured 20 months of war should never face the risk of death or injury to simply feed themselves and their families.

    We call for an immediate and independent investigation into these events, and for the perpetrators to be held to account.

    It is deeply disturbing that these incidents happened near the new Gaza Humanitarian Foundation (GHF) distribution sites.  

    They highlight the utterly desperate need to get aid in. 

    The Israeli Government says it has opened up aid access with its new system. 

    But the warnings raised by the United Kingdom, the United Nations, aid partners and the international community about these operations have materialised and the results are agonising.

    Israel’s newly introduced measures for aid delivery are inhumane, foster desperation and endanger civilians. 

    Israel’s unjustified block on aid into Gaza needs to end. It is inhumane. 

    Israel must immediately allow the UN and aid partners to safely deliver all types of aid at scale to save lives, reduce suffering and maintain dignity. It must ensure food and other critical supplies can reach people safely where they are across the whole of the Gaza Strip. Civilians, medical and humanitarian workers and facilities must be protected.  

    We will continue to be steadfast in our support for the UN and other trusted INGOs as the most effective and principled partners for aid delivery. 

    Our support has meant over 465,000 people have received essential healthcare, 640,000 have received food, and 275,000 people have improved access to water, sanitation and hygiene services.

     Just two weeks ago, my honourable friend, the Minister for Development, announced £4m additional funding to support the British Red Cross, enabling the delivery humanitarian relief in Gaza through their partner the Palestinian Red Crescent. Th was part of our wider £101m support package for this financial year. Aid must be allowed in so this support can continue. 

    Today, the UN Security Council is expected to consider a resolution for an immediate ceasefire, the release of all the hostages and the lifting of all Israeli restrictions on humanitarian aid, and supporting delivery by the UN.  

    And we will once again use our vote in support of these goals.  

    Following our leadership in coordinating dozens of countries to address the humanitarian situation, the joint statement from the UK, France and Canada, as well as the actions announced by my Right Honourable Friend the Foreign Secretary on 20 May, we will continue to convene international partners to increase the pressure and take further steps to address the catastrophic situation on the ground.  

    We will continue to strongly support the efforts led by the United States, Qatar and Egypt to secure an immediate ceasefire in Gaza. As the Prime Minister has said, a ceasefire is the best way to secure the release of all remaining hostages and achieve a long-term political solution. 

    This Israeli Government’s decision to expand its military operations in Gaza and severely restrict aid undermine all these goals. 

    Madam Deputy Speaker,

    We repeat our utter condemnation of Hamas, our demand that it releases all the hostages immediately and unconditionally. They can have no role in the future governance of Gaza. 

    A two-state solution is the only way to bring the long-lasting peace, stability and security that both Israelis and Palestinians deserve. We welcome France and Saudi Arabia’s leadership in chairing an international conference later this month.

    I commend this statement to the House.

    Updates to this page

    Published 4 June 2025

    MIL OSI United Kingdom