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Category: Transport

  • MIL-OSI: Toobit Climbs New Heights in Partnership with Elite Climber Chris Sharma

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, May 27, 2025 (GLOBE NEWSWIRE) — Award-winning digital asset trading platform Toobit today announces its collaboration with world-renowned climber and sport climbing pioneer Chris Sharma, who joins as the company’s official brand ambassador. The collaboration brings together one of the most respected figures in climbing with a platform known for its precision, innovation, and ambition.

    From scaling near-impossible limestone cliffs to charting new climbing routes around the world, Sharma is known for relentlessly pushing the limits of what’s possible—an ethos Toobit sees reflected in high-performance trading. His journey, built on discipline, sharp decision-making, and a deep passion for his craft, mirrors the core principles of strategic crypto trading: calculated risk, timing, and mastery built through consistency.

    “When you’re 60 feet off the ground with nothing but your decisions and your preparation holding you there, there’s no room for hesitation,” Sharma said. “Climbing is about trust: trusting your gear, your team, yourself. Crypto isn’t so different. You need a solid foundation, and Toobit gets that. ”

    The partnership highlights the shared mindset between elite climbing and strategic trading, where success hinges on careful preparation, bold vision, and trust in your tools. Sharma will soon feature in Toobit’s global campaigns and community initiatives, including the cryptoasset exchange’s flagship trading competition and upcoming product launches.

    “We are thrilled to welcome Chris Sharma to Toobit,” said Mike Williams, Chief Communication Officer at Toobit. “His career reflects the same passion, precision, and calculated drive that we build into our platform. Whether on the rock or in the market, successful performance comes from preparation, instinct, and risk with purpose.”

    This announcement follows Toobit’s continued global expansion and rollout of new features including Earn, Convert, and Gift, as well as a collaboration with NovaMeme offering decentralized finance options. Each initiative is designed to support traders of every level with the tools they need to succeed.

    About Toobit

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

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

    Contact: Davin C.

    Email: market@toobit.com

    Website: www.toobit.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/68af9f04-7d38-442d-8e34-5a9bd2c930f4

    The MIL Network –

    May 27, 2025
  • MIL-OSI Russia: Fifty years later: 1975 road workers graduates meet at SPbGASU

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – LISI Graduates of 1975

    A meeting of graduates of the road construction faculty of the Leningrad Civil Engineering Institute (LISI, as our university was then called) of 1975 in the specialty “Motorways” was held at SPbGASU.

    The main organizer of the anniversary meeting was the former head of the group, and now professor of the Department of Transport Systems and Road and Bridge Construction of our university, Alexander Solodkiy.

    “Many of my classmates have achieved great professional success: they worked in leading construction and design organizations in the road industry and in executive authorities managing the road sector, became founders and heads of companies, were awarded the title of “Honorary Road Builder of Russia” and other awards. Thus, Vladimir Valentinovich Kalinin heads the ABZ-1 group of companies, Igor Anatolyevich Pichugov heads the Dorservis group of enterprises. I headed the Department of Transport Systems at SPbGASU for nine years, and I have a Doctor of Science degree. Another Doctor of Science was Evgeny Nikolaevich Barinov, who worked at the Department of Highways at LISI. Unfortunately, he is no longer with us,” said Alexander Solodkiy.

    Aleksandr Ivanovich emphasized that graduates do not lose touch with their alma mater. Thus, Vladimir Kalinin has been the chairman of the state examination commission for the training profile “Motorways” for many years. The small innovative enterprise OOO “SPbGASU-Dorservis” is successfully operating.

    The graduates were happy to see their home university and communicate with each other. The meeting began with a photo session on the balustrade and continued in the board of trustees’ meeting room, where the guests were greeted on behalf of the management by the Vice-Rector for Youth Policy Marina Malyutina. Marina Viktorovna spoke about the modern development vectors of SPbGASU. In order to instill an entrepreneurial spirit in young people, the university is implementing the Startup as a Diploma project. To increase practical orientation, it is planned to launch an elective next year, within the framework of which students will work on project tasks together with professionals. Marina Viktorovna noted that the university expects tasks for project-based learning from industry practitioners, and called on graduates to convey this information to enterprises.

    The guests viewed the exposition of the university history museum. LISI graduate Lyudmila Nikolaevna Yakovleva presented the museum with the newspaper “For Construction Personnel” from March 17, 1971. The conversation continued at the Automobile and Road Engineering Faculty.

    We asked graduates to tell us about their professional paths.

    “I consider myself a professionally accomplished person”

    In 1970, Nadezhda Fedosova entered the Leningrad Civil Engineering Institute, Faculty of Mechanical Engineering and Highways, to study in the specialty of “Motorways”. She completed her studies at the Faculty of Road Construction, which was created as a result of the reform of education. Five years of study alternated with industrial practices in Leningrad and trips to student construction teams. In 1972, the student summer was spent in a construction team in the Komi ASSR in the city of Mikun, on the route of the Siyanie Severa gas pipeline, and in 1973 – at the All-Union shock construction site of the Phosphorit nitrogen-phosphorus fertilizer plant. During the time spent in student construction teams and during practice, we had to do all types of road work. In addition, everyone worked on clean-up days during the major repairs of the main building of the institute.

    After graduation, Nadezhda Vasilyevna worked at the Vsevolozhsk DRSU “Lenavtodor”, which she is very happy about, because there she received professional skills in both construction issues and road maintenance.

    Since 2001, Nadezhda Vasilyevna has been working at JSC VAD as an expert in design and estimate documentation and has been assisting students of SPbGASU who come for practical training in preparing their diploma theses. Nadezhda Fedosova has been awarded certificates of honor, the medal “In Memory of the 300th Anniversary of St. Petersburg”, and the title of “Honorary Road Builder of Russia”.

    “I am grateful to fate that I did not make a mistake in choosing my profession. I am proud of it, I consider myself a professionally accomplished person thanks to our teachers, whose lecture notes I looked at even after my studies,” said Nadezhda Vasilyevna.

    “The knowledge I gained at the institute helped me to realize myself as an engineer”

    Evgeny Medres entered LISI following in the footsteps of his older brother, who worked fruitfully at Lenavtodor and advised him to enter here. Evgeny Petrovich never regretted following this advice for a minute in his life. His student life was active: Evgeny Medres played in a basketball team and a musical ensemble. He remembered his work in construction teams: in 1972, at the construction of the Siyanie Severa gas pipeline, and in 1973, at the construction site of the Phosphorit nitrogen-phosphorus fertilizer plant. After graduating from LISI, Evgeny Medres worked as a foreman in Construction Department No. 5 of the Lendorstroy trust. He was a foreman, site manager, and built street and road network facilities. From 1979 to 1993, he worked at the Leningrad branch of GiprodorNII. Since 1993 – First Deputy General Director and Chief Engineer of JSC Petersburg-Dorservice.

    Under his leadership, projects for the construction, reconstruction and major repairs of more than 700 transport infrastructure facilities in various regions of Russia were developed, including the St. Petersburg ring road, the M-11 “Neva” Moscow – St. Petersburg highway, and the Kurortny Prospekt understudy in Sochi. Evgeny Petrovich was awarded the titles of “Honored Worker of Transport of Russia”, “Honored Road Builder of Russia”, and was awarded the medal of the Order “For Merit to the Fatherland” of the 2nd degree.

    Together with SPbGASU, Evgeny Petrovich is actively involved in research work, is the chairman of the State Examination Commission in the direction of “Ground Transport and Technological Means”, and heads the basic department of the automobile and road faculty at JSC “Petersburg-Dorservis”. “The knowledge I received at the institute helped me realize myself as an engineer,” he is sure.

    “Loyalty to the cause”

    Aleksandr Petrov was involved in road cycling in his senior years. “I saw and felt the condition of the roads. I thought that studying at LISI on the “roads” was an opportunity to change the situation for the better. Our coach also graduated from LISI and supported my choice. There were about five of us cyclists who applied in 1970. We could have put together a full-fledged sports team, but I was the only one who got in,” Aleksandr Vasilyevich said.

    Alexander Vasilyevich remembered the following internships: geodetic at the base in Peterhof, hydrological in Daimishche, geological in the Sablinsky caves, as well as competition evenings of faculties, a construction team in Kingisepp at Phosphorite.

    After graduating from the institute, Aleksandr Petrov worked as a foreman at DSU-6 of the Lenavtodor association for the reconstruction and major repairs of highways, rising from a foreman to the director of the Russian-American enterprise. Then he worked at the Leningrad Region Road Committee, where he rose to the rank of department head. He was awarded the titles of Honorary Transport Worker and Honorary Road Builder of Russia.

    “I am proud of my classmates who, from their first working days until their well-deserved rest (but many continue to work!), dedicated themselves to the profession they received at LISI. Deep knowledge, an excellent faculty, and a kind attitude towards students instilled in us loyalty to the cause we dedicated ourselves to in our youth. Over 50 years in the road industry, we can trace the positive changes in this area that have occurred thanks to our activities and education,” noted Alexander Vasilyevich.

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

    MIL OSI Russia News –

    May 27, 2025
  • MIL-OSI Russia: From a Science Festival to Film Tours: What Moscow’s Cultural Venues Have Prepared for International Children’s Day

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The capital’s cultural venues have prepared a large-scale program in honor of International Children’s Day, which is celebrated on June 1. The first events will begin in May, Natalia Sergunina, Deputy Mayor of Moscow.

    “Concerts, master classes, quests, performances and musical performances will be organized for young residents and guests of Moscow – more than 300 events in total. For example, a large scientific festival will be held in Zaryadye Park, and new film tours will appear at the Gorky Film Studio,” said Natalia Sergunina.

    One of the main events will be the children’s arts festival “Nebo”, which will be held on May 31 and June 1 in the Muzeon Arts Park. It will bring together creative groups from Moscow, St. Petersburg, Nizhny Novgorod, Perm, Voronezh, Krasnoyarsk, Tobolsk and Kaliningrad. 600 participants will perform for the audience, including theater actors, circus performers, musicians and dancers.

    During these days, the Moscow Festival of Animation and Children’s Cinema will be held in the Moskino Cinema Park. The program includes presentations of student animation works, screenings of fairy-tale plays, and a quest dedicated to the 100th anniversary of Korney Chukovsky’s Barmaley.

    On the central square, children will be able to take part in creative workshops: voice over animated films, draw their favorite character or create a 3D figurine of him. In the “Cowboy Town” decoration, there will be a staged filming of the movie “Aibolit-66”. Those who wish will be offered to dress up as the characters in the film and act in one of the scenes. Entrance by tickets to the cinema park.

    The theme will be continued at the Gorky Film Studio. On June 1, the list of excursions at the institution will be expanded with three new walks: “Cinema in Motion” for young children, “The Hero of Your Cinema,” and “Film Poster Workshop” for teenagers and adults. The focus will be on the biographies of famous actors and directors who worked here, as well as the stories behind the creation of fairy tale films, such as the film “Morozko.” Admission is paid, tickets can be purchased aton the institution’s website.

    On June 1, from 12:00 to 22:00, young visitors to Zaryadye Park are invited to the Sciencefest festival. They will enjoy talks with researchers, educational shows, practical classes, intellectual games, an interactive exhibition, and a large quest created jointly with scientists from Lomonosov Moscow State University.

    The festival at the Kolomenskoye Museum-Reserve will be dedicated to the 50th anniversary of the Soviet film The Adventures of Buratino, based on the fairy tale by Alexei Tolstoy. The culmination of the event will be carnival processions featuring characters from popular cartoons and films.

    A number of events have been prepared by the venues of the Moscow Exhibition Halls association. Thus, on May 30 at 19:00, the Khodynka Gallery will host a lecture entitled “How to Talk to Children about Art.” The expert will speak in plain language about the trends and directions of painting in the last century and teach how to analyze works using specific examples. To attend, you need pre-registration.

    On May 31, the Belyaevo Gallery will host a talk called “Antique Toys and Games.” The audience will be presented with a unique collection of toys from leading centers of folk art and crafts: clay toys from Dymkovo, Abashevskaya, Filimonovskaya, Khludnevskaya, Kargopolskaya, wooden toys from Bogorodskaya, and many others. The start is at 12:00, admission is byonline registration.

    Thematic meetings will continue in the capital’s libraries until June 5. Young readers will be able to demonstrate their knowledge of literature, make bookmarks, create collages, listen to music, and take part in competitions of dexterity and ingenuity.

    The Vatutinki Cultural Center invites children and adults to share photos of their favorite toys and stories about them. Photos with stories should be sent from June 1 to June 8 to the email address: dkvatutinki@culture.mos.ru with the subject line “World of Childhood.” They will become part of a thematic photo exhibition that will open on June 9.

     

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/154358073/

    MIL OSI Russia News –

    May 27, 2025
  • MIL-OSI Russia: From petunias to marigolds: what annuals will appear in city flowerbeds

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Specialists from the city services complex are renovating flower beds in courtyards, squares, parks, on plazas and embankments, as well as along main highways.

    The largest and most beautiful city flower beds can traditionally be found on Manezhnaya Square, near the Bolshoi Theatre, on Novy Arbat and Poklonnaya Gora.

    A wide variety of annual plant varieties have been prepared for city flowerbeds – mainly plants with a long flowering period. Among them are petunia, begonia, ageratum, marigold, pelargonium and others. They will decorate flowerbeds from June to the end of September.

    Bright orange and yellow marigolds, known as tagetes, easily take root in the shade and do not require complex care, so they are often used in the design of city flower beds. They bloom from June until frost.

    Every summer, Moscow flower beds are decorated with various varieties of petunias that are resistant to weather changes and retain their bloom for a long time, as well as begonias and blue or lilac caps of ageratum.

    Seedlings for city flowerbeds are grown in the greenhouses of the State Budgetary Institution “Ozelenenie”. The number and range of plants are selected at the design stage, taking into account the concept of flower arrangement. In this case, not only the appearance of the plants is taken into account, but also their quality – all varieties used are adapted to the Moscow climate.

    Get the latest news quicklyofficial telegram channele of the city of Moscow.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/154372073/

    MIL OSI Russia News –

    May 27, 2025
  • MIL-OSI Russia: About 440 residents began inspecting apartments in a new building under the renovation program in Vykhino-Zhulebino

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    In Vykhino-Zhulebino, about 440 residents of two old buildings have begun to inspect apartments in a building erected under the renovation program on Tashkentskaya Street. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The new building transferred for settlement in the Vykhino-Zhulebino district is located at 15 Tashkentskaya Street. About 440 residents of buildings 2 and 3 of building 20 on Samarkandsky Boulevard will move into it. To make the move more comfortable for Muscovites, an information center for resettlement has been opened. It is located on the first floor of the new building, previously transferred for participants in the renovation program, in building 15/1 on Samarkandsky Boulevard. There, specialists will help residents use the super service “Moving under the renovation program”, and will also answer all their questions. In total, 60 old houses are to be resettled in the Vykhino-Zhulebino district. More than 14 thousand city residents will receive new apartments,” said Vladimir Efimov.

    The residential complex is located near the Yugo-Vostochnaya metro station. There are also educational institutions, a sports club, shops, beauty salons and healthcare facilities nearby.

    “The new building on Tashkentskaya Street was erected using prefab technologies. Thanks to this, the construction period was reduced by five months. It includes 218 apartments with a total area of over 13 thousand square meters. Four of them were equipped for people with limited mobility with disabilities – they made wide corridors and doorways, and handrails were provided in the bathrooms. For the convenience of residents, elevators were installed in the entrances, a concierge room and a storage room for strollers and bicycles were equipped,” added the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy

    Vladislav Ovchinsky.

    Near the house, a children’s and sports playground with a safe rubber surface, as well as a recreation area for city residents, were arranged. CCTV cameras and lights were also installed in the yard.

    According to Ekaterina Solovieva, Minister of the Moscow Government, head of the capital’s Department of City Property, on May 12, more than 270 Muscovites from house 20, building 2 on Samarkandsky Boulevard, as well as 165 people from the neighboring five-story building – the third building of the same house, began to inspect apartments in the new building on Tashkentskaya Street. The city offered all participants in the program comfortable apartments with improved finishing and the necessary equipment – plumbing and lighting fixtures. This will allow future new residents to save time and not spend money on repairs before moving.

    Earlier Sergei Sobyanin told, that another 131 sites for the construction of houses were included in the renovation program.

    The renovation program was approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. At one time, Sergei Sobyanin ordered to increase the pace of implementation of the renovation program twice as much.

    Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives of the national project “Infrastructure for life”.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/154362073/

    MIL OSI Russia News –

    May 27, 2025
  • MIL-OSI: OwlTing Group Unveils AI-Powered OwlPay® Harbor™ for Stablecoin On/Off-Ramping

    Source: GlobeNewswire (MIL-OSI)

    ARLINGTON, Va., May 27, 2025 (GLOBE NEWSWIRE) — OwlTing Group (the “Company”), a global blockchain fintech company, today announced an integration of AI features into its payment API infrastructure, OwlPay® Harbor™ (the “Platform”). This AI-driven technical support feature helps developers accelerate onboarding the Company’s API, which aims to provide secure on/off-ramping services to send, receive, and hold funds in U.S. dollars and USDC1 stablecoin for global payouts across over 100 countries2. With competitive fees and robust regulatory compliance coverage across over 30 U.S. states3, OwlPay® Harbor™ offers a trusted and scalable solution for businesses worldwide.

    The newly adapted Model Context Protocol (MCP)4 tool, similar to a “USB-C port for AI models,” provides a unified approach for AI to get the real-time context with smarter responses, interacting with a human developer. This AI feature simplifies the process to integrate the Company’s API, lowers the onboarding time and maintenance efforts, and more importantly, allows developers to leverage their existing AI models without sharing sensitive data with external systems.

    Global businesses such as banks, digital wallets, DeFi companies, or fintech providers that are seeking embedded crypto-to-fiat conversions will be able to offer their customers a seamless payment experience with their own products or platforms behind the scenes.

    “We’re excited to bring AI to our flagship payment platform,” said Darren Wang, Founder and CEO at OwlTing Group. “With our wide compliance footprint, AI-driven support, and flexible service models, OwlPay® Harbor™ offers global companies the legitimacy and efficiency of payments in the U.S. and beyond borders.”

    OwlPay® Harbor™ provides enterprise-ready APIs for USD–USDC conversions via Wire and ACH transfers, with cross-chain compatibility for supported transactions across Stellar, Ethereum, Polygon, Arbitrum, Optimism, and Avalanche blockchains. It will also support Solana in the future. As a Stellar Anchor, it brings businesses an easier integration using SEP-24 (deposit/ withdrawal)5 and SEP-10 (authentication)6 protocols to the Stellar network.

    The platform offers extensive global reach and budget-friendly pricing tailored for all kinds of businesses. Holding over 30 Money Transmitter Licenses (MTLs) or their equivalent, adhering to strict KYC/AML standards, and securing ISO 27001 certification for its payment solution, OwlPay® Harbor™ stands ready to deliver with trust and reliability for global operations.

    Photo Caption: OwlPay® has obtained the ISO 27001 certification, underscoring its commitment to minimizing cyber risks and safeguarding users’ data.

    OwlPay® Harbor™ now offers two flexible service models:

    Partnership Model:

    • Designed for platforms like marketplaces or payment processors that collect funds from users for global payouts. Approved platforms manage funds and pay OwlPay® directly.
    • Supports USD payouts in supported regions globally. It also supports local payouts in 10 currencies: EUR (via SEPA), CAD, GBP, JPY, SGD, HKD, ZAR, AED, MXN, and BRL.
    • Use Case: An e-commerce platform collects USD from customers, converts it to USDC via OwlPay®, and pays retailers or freelancers in the Americas, hedging the currency fluctuations.

    End User Model:

    • Designed for other platforms wishing to avoid handling funds directly, with end users paying OwlPay® directly for implementing USD-USDC conversions.
    • Supports USD payouts in supported regions globally.
    • Use Case: An U.S. app allows users to buy USDC with USD via OwlPay® behind their own user interface, while its customers would enjoy an integrated customer journey.

    The stablecoin market has soared to a record $240 billion7 and is projected to reach $2 trillion by 20288. As demands for efficient digital payments surge, businesses integrating with the platform that combines seamless AI-driven APIs, regulatory compliance, and cross-chain compatibility for supported blockchains are positioned to be at the forefront of this thriving economy.

    OwlTing continues expanding its regulatory coverage and aims to obtain MTLs in all U.S. states as applicable, along with ongoing license applications in global markets such as Japan and the EU. The company will deploy AI tools across its OwlPay® product suites to enhance efficiency and user experience, strengthening its global leadership in stablecoin payments.

    About OwlTing Group
    Founded in 2010, OwlTing is a global blockchain fintech company based in Taiwan and has subsidiaries in the U.S., Japan, Poland, Singapore, Hong Kong, Thailand, and Malaysia. In 2022, it was selected by KPMG and HSBC as “the Leading 3 Emerging Giants in Taiwan.” With the mission to usher in the digital transformation of traditional payment processes, while ensuring legal compliance, OwlTing introduced OwlPay®, a Web2 and Web3 hybrid payment solution, to empower global businesses to operate confidently in the evolving digital landscape. For more information, visit https://www.owlting.com/portal/?lang=en.

    Media Contact
    PR Office at OwlTing Group
    pr_office@owlting.com

    1 USDC is an internet-native, fully-reserved, regulated digital dollar that leverages blockchain networks to enable businesses, developers, and individuals to conduct near-real-time, low-cost global transactions. It is a leading, fully-reserved global stablecoin issued through Circle’s regulated affiliates. To learn more about using or accessing USDC, visit USDC.com. To learn more about Circle’s regulatory authorizations, visit Circle’s Licenses page https://www.circle.com/legal/licenses
    2 Availability may vary by jurisdiction and is subject to change. Please refer to the most current service documentation or contact support for the latest coverage.
    3 Availability may vary by jurisdiction and is subject to change. As of May 2025, OwlTing Group has obtained MTL licenses or their equivalent in over 30 U.S. states and is in the process of applying for relevant legal trading licenses in other U.S. states. For a list of U.S. licenses obtained, please see https://www.owlting.com/owlpay/licenses?lang=en. Please refer to the most current service documentation or contact support for the latest coverage.
    4 Model Context Protocol (MCP) is the open standard released by Anthropic, it’s a communication protocol that enables AI agents to interpret, respond to, and take action based on structured context within API workflows. By minimizing data exposure, MCP supports personalized interactions while preserving user privacy, and reduces hallucinations by grounding AI responses in verifiable external data. For more information, please see https://modelcontextprotocol.io/introduction
    5 SEP-24 is the standardized protocol for hosted deposits and withdrawals on Stellar’s ecosystem. With OwlPay® HarborTM, businesses can make their on/off-ramping services available as an in-app experience through Stellar-based applications such as wallets and exchanges, extending their reach and connecting with users through the applications they already use.
    6 SEP-10 is the authentication protocol of Stellar. This is used to verify the user’s KYC information.
    7 According to DeFiLlalma, the data aggregator for DeFi, the total stablecoin market cap is $242 billions as of May 2025.
    8 According to a Standard Chartered Bank report, titled “Stablecoins, USD Hegemony, and UST Bills” published in April 2025.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c6bcf23b-ff93-4137-a40e-74e21baebe22

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7d98cda1-6f72-4048-9a0c-1738bc76a2bb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/426a725d-5e74-4993-9f96-c4a1f8e4454d

    The MIL Network –

    May 27, 2025
  • MIL-OSI Africa: South Africa’s Independent Power Producers (IPP) Office backs Youth Energy Summit

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

    CAPE TOWN, South Africa, May 27, 2025/APO Group/ —

    We are proud to welcome the Independent Power Producers Office (IPP) as the overall Summit Sponsor of the 2025 Youth Energy Summit (YES!). The event, happening from 18-20 June in Cape Town, will unite more than 3,000 graduates, emerging professionals, and young entrepreneurs in tackling Africa’s most pressing 21st-century energy challenges.

    For a full programme and to join the debate, visit: https://apo-opa.co/4jkJTZq

    With more than 50% of Africa still lacking access to electricity, and a vast untapped potential in renewable energy, the continent has the opportunity to create up to 100 million green jobs by 2050. But how can we meet this demand? How do we bridge the skills gap? And how can youth voices be integrated into energy decision-making at the highest levels? These are just a few of the critical questions that will be explored at YES!, the world’s largest gathering of youth in the energy sector.

    Enabling South Africa’s energy sector through youth and community development has always been at the heart of the IPP office’s activities. This investment into Africa’s youth is testament to the importance the IPP Office places on youth and community engagement throughout the deals and work they are tasked to do by the government.

    Joining the IPP Office to open the Youth Energy Summit on Wednesday 18th June will be Andry Rajoelina, the President of Madagascar, African Development Bank nominee for President, Amadou Hott, and African Union Commissioner for Energy and Infrastructure, His Excellency Lerato D. Mataboge.

    Dzunani Makgopa, IPP’s chief financial officer, says: “Renewable energy is the way to go, not just nationally, but globally. YES! is a great platform to introduce young professionals to the sector. This is the place to be, and we need to empower a lot of youth to the opportunities that exist within the energy sector.’

    Simon Gosling, EnergyNet Managing Director, adds: “It’s an exciting time for young people looking to take a more productive role in energy. The IPP Office puts community engagement and job creation at the heart of its mission. This commitment to sponsor the Youth Energy Summit is an extension of its policies and aims to expose thousands of young people to the many vast and varied opportunities within the South African IPP and energy universe.”

    Established in 2023, YES! is dedicated to empowering African youth and institutions by providing resources, training, and networking opportunities within the energy sector. The summit brings together thousands of entrepreneurs, early-career professionals, educators, and students from across the continent. With the goal of building a network of 100 million young energy leaders by 2035, YES! is accelerating the transition to a sustainable energy future.

    This year’s summit will feature dynamic sessions on energy careers, skill development, and opportunities within the sector, as well as insights from recruiters, energy entrepreneurs, and industry experts. YES! also partners with top academic institutions, including the University of Cape Town, the University of the Western Cape, Eduvos, Kenyatta University, and Harambee.

    QUOTES

    “DBSA’s mission is to build Africa’s prosperity, and we’re delighted to be working with YES! to help ensure the Youth take part in and benefit from the Energy Transition. Empowering the next generation is one of the most valuable actions anyone can take.”

    Foundation sponsor Development Bank of Southern Africa (DBSA)

    “The Youth Energy Summit is more than a gathering – it’s a movement. Africa has the youngest population in the world, and the youth is our greatest asset in the drive towards a more sustainable, inclusive energy future.”

    Anél Bosman, Group Managing Executive, Nedbank CIB

    “Siemens Energy is at the YES Summit because we believe the bold dreams of the next generation of energy leaders can ignite a global energy revolution with real-world impact.”

    Neveen Hussein, Sustainability Leader, Middle East & Africa | Siemens Energy

    “At Pele Energy Group, we believe the true power behind the energy transition isn’t just in technology or infrastructure – it’s in people. That’s why partnering with YES! felt like more than a decision; it felt like a calling.

    Melissa Wilkinson, Chief People Person, Pele Energy Group

    “I said yes to the YES! Summit, not because of panels or speeches, but because it calls for ownership. The future of this country will not be built by someone else. It’s us, the youth, who must roll up our sleeves, lean into the discomfort, and change South Africa ourselves.”

    Layton Nenzinane, Chief Financial Officer, Seriti Green

    “EWSETA says YES to YES! because the Summit aligns with our strategic mandate to empower youth, graduates, and entrepreneurs with future-focused skills for the energy and water sectors. It offers a powerful platform to amplify our training programmes, bursaries, and impact on over 4,000 young professionals across Africa.”

    The Energy and Water Sector Education Training Authority (EWSETA)

    MIL OSI Africa –

    May 27, 2025
  • MIL-OSI United Kingdom: Vacant plots overlooking Millbay to be auctioned

    Source: City of Plymouth

    Several parcels of land overlooking Millbay docks are to be put up at auction as part of the Council’s ongoing review of its assets and land.

    Brownfield sites on the south side of Caroline Place in Stonehouse are to go to auction on 12 June.

    The vacant plots – which are believed to be the remains of bombed out properties – have lain hidden for many years and the Council is putting them up for sale to see if there is anyone or company willing to put the site to better use.

    The site is bound by Caroline Place to the north and the main access to Millbay Ferry Terminal to the south. The land slopes steeply from north to south and sits within the Stonehouse Peninsula Conservation Area.

    Councillor Chris Penberthy, Cabinet Member responsible for assets said: “This is all part of our constant review of our properties and assets to make sure they help us deliver priorities for the city.

    “Redeveloping these plots will be a challenge and I imagine most people did not even know these parcels of land existed. We are putting them on the market and hopefully someone can put them to good use – perhaps vitally needed new homes.”

    Successfully selling the plots would give the Council a capital receipt, which could be reinvested to support improvements to other council properties. It could also see a brownfield site back into use.

    Any organisation or individual interested in the sites is advised to engage with the Local Planning Authority to allow careful assessment of any proposals.  

    The auction will take place on 12 June. For more information about the plots visit www.cliveemson.co.uk.

    MIL OSI United Kingdom –

    May 27, 2025
  • MIL-OSI Russia: Exclusive: ASEAN, GCC, China cooperation to benefit global trade and investment: Malaysian expert

    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

    KUALA LUMPUR, May 27 (Xinhua) — Amid the rise of protectionism and unilateralism, closer cooperation between China and the Association of Southeast Asian Nations (ASEAN) and Gulf Cooperation Council (GCC) countries will boost global trade and investment, Bunn Nagara, director and senior fellow at the Belt and Road Initiative Conference for Asia-Pacific, an independent think tank based in the Malaysian capital, told Xinhua on Saturday.

    “China, as well as ASEAN and GCC countries, share common development aspirations and face the same global challenges. So it makes sense for us to work more closely than before in many sectors,” the expert noted.

    Energy, food security and supply chain resilience offer the greatest potential for trilateral cooperation, according to Nagara, who said the GCC is a leader in oil and gas, China in renewable energy and electric vehicles, and ASEAN is a key consumer market and manufacturing hub.

    “Strengthening resilience can be achieved by starting to work together more closely and then addressing any challenges along the way,” the source said. “An open approach is important, receptive to new areas and ways of working together, while remaining sensitive to the needs of other partners,” the expert noted.

    B. Nagara views the Belt and Road Initiative as a key mechanism for developing trilateral cooperation. “The Belt and Road is a large-scale project covering many related areas, including the digital economy and green transition,” he said.

    The Belt and Road Initiative is closely linked to the three parties’ shared interests in sustainable growth, providing fertile ground for interaction among ASEAN, the GCC and China.

    Against the backdrop of strong barriers to global trade from protectionism and unilateralism, ASEAN-GCC-China cooperation serves as a model for the Global South, says B. Nagara. “China and the ASEAN and GCC states are also countries of the Global South, not just Asia,” he noted. The interaction between them can stimulate similar initiatives among African and Latin American countries that share common aspirations, the expert is sure.

    “What we do is to protect our legitimate development interests, not to threaten other countries or regions. We prefer non-confrontation because it is the best way to ensure mutual benefit,” the agency’s source said.

    “Part of our interest is to protect global trade, on which our national development programs depend. This will also benefit other countries and regions around the world,” Nagara said. “We should now look forward to several more decades of development, underpinned by complementarity,” he concluded. –0–

    MIL OSI Russia News –

    May 27, 2025
  • MIL-OSI Asia-Pac: President Lai meets delegation from European Parliament

    Source: Republic of China Taiwan

    Details
    2025-05-20
    President Lai hosts state banquet for President Surangel Whipps Jr. of Republic of Palau
    On the evening of May 20, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, hosted a state banquet at the Presidential Office in honor of President Surangel Whipps Jr. of the Republic of Palau and his wife. In remarks, President Lai said that he looks forward to working closely with President Whipps to promote tourism exchanges and sports cooperation so that Taiwan and Palau shine brightly together on the international stage. A translation of President Lai’s remarks follows: It is a pleasure to host this banquet tonight at the Presidential Office for President Whipps, First Lady Valerie Whipps, and the esteemed members of their delegation. Welcome to Taiwan. During my trips to Palau in 2022 and last year, President and First Lady Whipps received me with great hospitality. Wearing my island shirt, I enjoyed a very friendly reception from the people of Palau. It felt warm and friendly, just like being welcomed back home. The first time I visited Palau, President Whipps and I piloted a boat to the Milky Way lagoon. We both tried volcanic mud facial masks. We also fished together and enjoyed the breeze as we walked on the beach. Last year, on my second visit to Palau, I was honored to be invited to address the National Congress. I also observed the results of the close bilateral cooperation between our two nations. Due to its world-famous ocean scenery, Palau is sometimes referred to as “God’s aquarium.” And it is even possible to snorkel with sharks. It leaves a deep impression. Nothing compares to seeing Palau firsthand. During the COVID-19 pandemic, Taiwan and Palau launched a travel bubble that created a safe means of travel. Now, with the pandemic behind us, I hope that even more Taiwanese can tour Palau and gain a greater understanding of our diplomatic ally. In addition to tourism exchanges, I mentioned on my visit to Palau last year that I hoped Taiwan and Palau could promote sports cooperation by providing training away from home. Next month, Palau will be holding the Pacific Mini Games. And right now, Palau’s national baseball and table tennis teams are holding training sessions here in Taiwan. We will do our utmost to support Palau’s national players and we hope they stand out and achieve outstanding results in the events. I look forward to working closely with President Whipps so that Taiwan and Palau shine brightly together on the international stage. Thank you! Mesulang! President Whipps then delivered remarks, saying that it is truly an honor to be here once again one year after President Lai’s inauguration. Mentioning that this is his first state visit after being reelected to a second term, he said that it is important to be here among friends, and that we are more than friends, we are family. He thanked President Lai for the generous words and, most importantly, Taiwan’s enduring support. He remarked that our relationship continues to get stronger in each passing year. President Whipps said that President Lai’s diplomacy initiative, leadership, and vision deeply resonate with them. Diplomacy must be rooted in our shared values, he said, and an unwavering support for our allies and a commitment to a sustainable, inclusive development are all deeply appreciated by their people. President Whipps emphasized that, as we look into the future and the challenges that we face, from security to climate change, it is so important that we are united. He added that it is important for the world, and especially important for them in Palau, that they stand up for Taiwan, so that Taiwan can participate on international fora that address climate change, security, and health, because they know the world is better when Taiwan has a seat at the table. Mentioning that Palau will host the Pacific Islands Forum next year, President Whipps said that Palau remains committed to working closely with Taiwan to ensure a successful event, and that they will continue to speak up for Taiwan’s indispensable contributions as we stand together against any efforts to silence or isolate democratic partners. President Whipps said that our nations have navigated challenges and emerged stronger, bound by a partnership that is built on trust, respect, and hope for a better world. Whether it is in clean energy, education, smart medicine, or tourism, our shared journey is just beginning, he said, and we are stronger together.  Also in attendance at the banquet were Palauan Minister of State Gustav Aitaro, Minister of Public Infrastructure and Industries Charles Obichang, Minister of Human Resources, Culture, Tourism and Development Ngiraibelas Tmetuchl, Senate Floor Leader Kerai Mariur, House of Delegates Floor Leader Warren Umetaro, High Chief of Ngiwal State Elliot Udui, Governor of Peleliu State Emais Roberts, and Governor of Koror State Eyos Rudimch.

    Details
    2025-05-20
    President Lai and President Surangel S. Whipps, Jr. of Palau hold bilateral talks and witness signing of cooperation agreements  
    On the afternoon of May 20, following a welcome ceremony with military honors for President Surangel S. Whipps, Jr. of the Republic of Palau and his wife, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, held bilateral talks with President Whipps at the Presidential Office. The two leaders also jointly witnessed the signing of a technical cooperation agreement and an agreement on diplomatic staff training cooperation. In remarks, President Lai thanked Palau for standing firm in its backing of Taiwan’s international participation as geopolitical tensions continue to increase in the Pacific region. He added that he looks forward to the cooperative ties between Taiwan and Palau continuing to expand into even broader areas, allowing our economies and societies to further progress as we jointly advance peace, stability, and prosperity in the Indo-Pacific region. A translation of President Lai’s remarks follows: I welcome our guests to Taiwan once again. Last year on May 20, President Whipps led a delegation to attend the inauguration ceremony for myself and Vice President Hsiao. I am delighted, on the anniversary of my first year in office, to meet with old friends of Taiwan again, as President Whipps returns for this visit. Taiwan-Palau relations have grown even closer in recent years thanks to the strong support of President Whipps. In 2022, during my term as vice president, I led a delegation to Palau as a demonstration of how our nations were together boosting tourism development as we jointly faced the challenges of the COVID-19 pandemic. Every time I visit Palau, and every time I meet with President Whipps, I feel very deeply that Taiwan and Palau are like family. We are both maritime nations and share a common Austronesian heritage and culture. We are also staunch partners in upholding such values as freedom, democracy, and respect for human rights. Last December, when I went on my first overseas trip since taking office, one of the nations I visited was Palau. We celebrated the 30th anniversary of Palau’s independence and 25 years of diplomatic relations, underscoring our friendly ties. Taiwan and Palau enjoy close exchanges and cooperation in a range of areas, including climate change, education, agriculture and fisheries, healthcare, humanitarian assistance, sports, and culture. After this meeting, President Whipps and I will witness the signing of a technical cooperation agreement and an agreement on diplomatic staff training cooperation, demonstrating once again our diverse collaboration and strong friendship. I believe that by working together, Taiwan and Palau can contribute to each other’s development and overcome the regional and global challenges we currently face. In particular, as geopolitical tensions continue to increase in the Pacific region, Palau has wisely and courageously upheld democratic values and stood firm in its backing of Taiwan’s international participation. Palau has never stopped voicing support for Taiwan, including at the United Nations General Assembly, the World Health Organization, the UN Framework Convention on Climate Change Conference of the Parties, and the UN Ocean Conference. We have been deeply moved by this support. I thank President Whipps again for his high regard and support for Taiwan. I look forward to the cooperative ties between our nations continuing to expand into even broader areas. This will allow our economies and societies to further progress as we jointly advance peace, stability, and prosperity in the Indo-Pacific region. President Whipps then delivered remarks, saying that it is a great honor for him to be here, standing in this historic place – a symbol of strength, resilience, and the democratic spirit of the Taiwanese people. On behalf of the government of Palau, President Whipps extended heartfelt gratitude to President Lai and the people of Taiwan for the warm welcome and gracious hospitality toward him and his delegation. President Whipps then extended sincere thanks for President Lai’s visit to Palau in December – his second visit to Palau – and for having Minister of Foreign Affairs Lin Chia-lung (林佳龍) attend his inauguration as a special envoy. He added that this also marks his third visit to Taiwan since President Lai took office, saying that this demonstrates the strength of our growing relationship. President Whipps indicated that the increased engagements and numerous entrepreneurs that President Lai has brought from Taiwan to Palau have resulted in fruitful visits, and that President Lai’s leadership represents hope, unity, and continued advancement of democracy and freedom, not only for Taiwan, but for the broader Indo-Pacific region. President Whipps went on to say that this visit to Taiwan reaffirms our deep friendship and shared values between our two nations. He emphasized that Palau and Taiwan are bound not by proximity, but by purpose, in that both are island nations and believe in human dignity, the rule of law, and the right of our people to determine their own futures. President Whipps stated that although we are celebrating 26 years of diplomatic relations, Taiwan has been a steadfast partner of Palau for decades, and that one of the MOUs they are signing further extends the relationship that began in December of 1984. From healthcare and medical missions, to education, agriculture, renewable energy, infrastructure, the private sector, tourism development, and climate resilience, he said, our cooperation has improved lives and strengthened our communities. The president also indicated that during the COVID-19 pandemic, Taiwan stood with Palau, noting that both sides began the tourism bubble, and that President Lai came to Palau to reopen the two weekly direct flights that have now been increased to four. That solidarity will never be forgotten, he said. As the world faces growing uncertainty and complex challenges from climate change to global tensions, President Whipps said, this friendship becomes even more vital. The president concluded his remarks by expressing hope that both nations continue to stand together, work together, and advocate together for peace, prosperity, and for the right of small nations to be seen, heard, and respected. After the bilateral talks, President Lai and President Whipps witnessed the signing of the technical cooperation agreement and the agreement on diplomatic staff training cooperation by Minister Lin and Palauan Minister of State Gustav Aitaro. The delegation also included Palauan Minister of Public Infrastructure and Industries Charles Obichang, Minister of Human Resources, Culture, Tourism and Development Ngiraibelas Tmetuchl, Senate Floor Leader Kerai Mariur, House of Delegates Floor Leader Warren Umetaro, High Chief of Ngiwal State Elliot Udui, Governor of Peleliu State Emais Roberts, and Governor of Koror State Eyos Rudimch.  

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    Details
    2025-05-13
    President Lai interviewed by Japan’s Nikkei  
    In a recent interview with Japan’s Nikkei, President Lai Ching-te responded to questions regarding Taiwan-Japan and Taiwan-United States relations, cross-strait relations, the semiconductor industry, and the international economic and trade landscape. The interview was published by Nikkei on May 13. President Lai indicated that Nikkei, Inc. is a global news organization that has received significant recognition both domestically and internationally, and that he is deeply honored to be interviewed by Nikkei and grateful for their invitation. The president said that he would like to take this rare opportunity to thank Japan’s government, National Diet, society, and public for their longstanding support for Taiwan. Noting that current Prime Minister Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio have all strongly supported Taiwan, he said that the peoples of Taiwan and Japan also have a deep mutual affection, and that through the interview, he hopes to enhance the bilateral relationship between Taiwan and Japan, deepen the affection between our peoples, and foster more future cooperation to promote prosperity and development in both countries. In response to questions raised on the free trade system and the recent tariff war, President Lai indicated that over the past few decades, the free economy headed by the Western world and led by the US has brought economic prosperity and political stability to Taiwan and Japan. At the same time, he said, we have also learned or followed many Western values. The president said he believes that Taiwan and Japan are exemplary students, but some countries are not. Therefore, he said, the biggest crisis right now is China, which exploits the free trade system to engage in plagiarism and counterfeiting, infringe on intellectual property rights, and even provide massive government subsidies that facilitate the dumping of low-priced goods worldwide, which has a major impact on many countries including Japan and Taiwan. If this kind of unfair trade is not resolved, he said, the stable societies and economic prosperity we have painstakingly built over decades, as well as some of the values we pursue, could be destroyed. Therefore, President Lai said he thinks it is worthwhile for us to observe the recent willingness of the US to address unfair trade, and if necessary, offer assistance. President Lai emphasized that the national strategic plan for Taiwanese industries is for them to be rooted in Taiwan while expanding their global presence and marketing worldwide. Therefore, he said, while the 32 percent tariff increase imposed by the US on Taiwan is indeed a major challenge, we are willing to address it seriously and find opportunities within that challenge, making Taiwan’s strategic plan for industry even more comprehensive. When asked about Taiwan’s trade arrangements, President Lai indicated that in 2010 China accounted for 83.8 percent of Taiwan’s outbound investment, but last year it accounted for only 7.5 percent. In 2020, he went on, 43.9 percent of Taiwan’s exports went to China, but that figure dropped to 31.7 percent in 2024. The president said that we have systematically transferred investments from Taiwanese enterprises to Japan, Southeast Asia, Europe, and the US. Therefore, he said, last year Taiwan’s largest outbound investment was in the US, accounting for roughly 40 percent of the total. Nevertheless, only 23.4 percent of Taiwanese products were sold to the US, with 76.6 percent sold to places other than the US, he said.  The president emphasized that we don’t want to put all our eggs in one basket, and hope to establish a global presence. Under these circumstances, he said, Taiwan is very eager to cooperate with Japan. President Lai stated that at this moment, the Indo-Pacific and international community really need Japan’s leadership, especially to make the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) excel in its functions, and also requested Japan to support Taiwan’s CPTPP accession. The president said that Taiwan hopes to sign an Economic Partnership Agreement (EPA) with Japan to build closer ties in economic trade and promote further investment, and that we also hope to strengthen relations with the European Union, and even other regions. Currently, he said, we are proposing an initiative on global semiconductor supply chain partnerships for democracies, because the semiconductor industry is an ecosystem. The president raised the example that Japan has materials, equipment, and technology; the US has IC design and marketing; Taiwan has production and manufacturing; and the Netherlands excels in equipment, saying we therefore hope to leverage Taiwan’s advantages in production and manufacturing to connect the democratic community and establish a global non-red supply chain for semiconductors, ensuring further world prosperity and development in the future, and ensuring that free trade can continue to function without being affected by dumping, which would undermine future prosperity and development. The president stated that as we want industries to expand their global presence and market internationally while staying rooted here in Taiwan, having industries rooted in Taiwan involves promoting pay raises for employees, tax cuts, and deregulation, as well as promoting enterprise investment tax credits. He said that we have also proposed Three Major Programs for Investing in Taiwan for Taiwanese enterprises and are actively resolving issues regarding access to water, electricity, land, human resources, and professional talent so that the business community can return to Taiwan to invest, or enterprises in Taiwan can increase their investments. He went on to say that we are also actively signing bilateral investment agreements with friends and allies so that when our companies invest and expand their presence abroad, their rights and interests as investors are ensured.  President Lai mentioned that Taiwan hopes to sign an EPA with Japan, similar to the Taiwan-US Initiative on 21st-Century Trade and the Economic Prosperity Partnership Dialogue, or the Enhanced Trade Partnership arrangement with the United Kingdom, or similar agreements or memorandums of understanding with Canada and Australia that allow Taiwanese products to be marketed worldwide, concluding that those are our overall arrangements. Looking at the history of Taiwan’s industrial development, President Lai indicated, of course it began in Taiwan, and then moved west to China and south to Southeast Asia. He said that we hope to take this opportunity to strengthen cooperation with Japan to the north, across the Pacific Ocean to the east, and develop the North American market, making Taiwan’s industries even stronger. In other words, he said, while Taiwan sees the current reciprocal tariffs imposed by the US as a kind of challenge, it also views these changes positively. On the topic of pressure from China affecting Taiwan’s participation in international frameworks such as the CPTPP or its signing of an EPA with Japan, President Lai responded that the key point is what kind of attitude we should adopt in viewing China’s acts of oppression. If we act based on our belief in free trade, he said, or on the universal values we pursue – democracy, freedom, and respect for human rights – and also on the understanding that a bilateral trade agreement between Taiwan and Japan would contribute to the economic prosperity and development of both countries, or that Taiwan’s accession to the CPTPP would benefit progress and prosperity in the Indo-Pacific region, then he hopes that friends and allies will strongly support us. On the Trump administration’s intentions regarding the reciprocal tariff policy and the possibility of taxing semiconductors, as well as how Taiwan plans to respond, President Lai said that since President Trump took office, he has paid close attention to interviews with both him and his staff. The president said that several of President Trump’s main intentions are: First, he wants to address the US fiscal situation. For example, President Lai said, while the US GDP is about US$29 trillion annually, its national debt stands at US$36 trillion, which is roughly 124 percent of GDP. Second, he went on, annual government spending exceeds US$6.5 trillion, but revenues are only around US$4.5 trillion, resulting in a nearly US$2 trillion deficit each year, about 7 percent of GDP. Third, he said, the US pays nearly US$1.2 trillion in interest annually, which exceeds the US$1 trillion defense budget and accounts for more than 3 percent of GDP. Fourth, President Trump still wants to implement tax cuts, aiming to reduce taxes for 85 percent of Americans, he said, noting that this would cost between US$500 billion and US$1 trillion. These points, President Lai said, illustrate his first goal: solving the fiscal problem. President Lai went on to say that second, the US feels the threat of China and believes that reindustrialization is essential; without reindustrialization, the US risks a growing gap in industrial capacity compared to China. Third, he said, in this era of global smart technology, President Trump wants to lead the nation to become a world center of AI. Fourth, he aims to ensure world peace and prevent future wars, President Lai said. In regard to what the US seeks to achieve, he said he believes these four areas form the core of the Trump administration’s intentions, and that is why President Trump has raised tariffs, demanded that trading partners purchase more American goods, and encouraged friendly and allied nations to invest in the US, all in order to achieve these goals. President Lai indicated that the 32 percent reciprocal tariff poses a critical challenge for Taiwan, and we must treat it seriously. He said that our approach is not confrontation, but negotiation to reduce tariffs, and that we have also agreed to measures such as procurement, investment, resolving non-tariff trade barriers, and addressing origin washing in order to effectively reduce the trade deficit between Taiwan and the US. Of course, he said, through this negotiation process, we also hope to turn challenges into opportunities. The president said that first, we aim to start negotiations from the proposal of zero tariffs and seek to establish a bilateral trade agreement with the US. Second, he went on, we hope to support US reindustrialization and its aim to become a world AI hub through investment, while simultaneously upgrading and transforming Taiwan’s industries, which would help further integrate Taiwan’s industries into the US economic structure, ensuring Taiwan’s long-term development.  President Lai emphasized again that Taiwan’s national industrial strategy is for industries to stay firmly rooted in Taiwan while expanding their global presence and marketing worldwide. He repeated that we have gone from moving westward across the Taiwan Strait, to shifting southbound, to working closer northward with Japan, and now the time is ripe for us to expand eastward by investing in North America. In other words, he said, while we take this challenge seriously to protect national interests and ensure that no industry is sacrificed, we also hope these negotiations will lead to deeper Taiwan-US trade relations through Taiwanese investment in the US, concluding that these are our expectations. The president stated that naturally, the reciprocal tariffs imposed by the US will have an impact on Taiwanese industries, so in response, the Taiwanese government has already proposed support measures for affected industries totaling NT$93 billion. In addition, he said, we have outlined broader needs for Taiwan’s long-term development, which will be covered by a special budget proposal of NT$410 billion, noting that this has already been approved by the Executive Yuan and will be submitted to the Legislative Yuan for review. He said that this special budget proposal addresses four main areas: supporting industries, stabilizing employment, protecting people’s livelihoods, and enhancing resilience. As for tariffs on semiconductors, President Lai said, Taiwan Semiconductor Manufacturing Company (TSMC) has committed to investing in the US at the request of its customers. He said he believes that TSMC’s industry chain will follow suit, and that these are concrete actions that are unrelated to tariffs. However, he said, if the US were to invoke Section 232 and impose tariffs on semiconductors or related industries, it would discourage Taiwanese semiconductor and ICT investments in the US, and that we will make this position clear to the US going forward. President Lai indicated that among Taiwan’s exports to the US, there are two main categories: ICT products and electronic components, which together account for 65.4 percent. These are essential to the US, he said, unlike final goods such as cups, tables, or mattresses. He went on to say that what Taiwan sells to the US are the technological products required by AI designers like NVIDIA, AMD, Amazon, Google, and Apple, and that therefore, we will make sure the US understands clearly that we are not exporting end products, but the high-tech components necessary for the US to reindustrialize and become a global AI center. Furthermore, the president said, Taiwan is also willing to increase its defense budget and military procurement. He stated that Taiwan is committed to defending itself and is strongly willing to cooperate with friends and allies to ensure regional peace and stability, and that this is also something President Trump hopes to see. Asked whether TSMC’s fabs overseas could weaken Taiwan’s strategic position as a key hub for semiconductor manufacturing, and whether that could then give other countries fewer incentives to protect Taiwan, President Lai responded by saying that political leaders around the world including Japan’s Prime Minister Ishiba and former Prime Ministers Abe, Suga, and Kishida have emphasized, at the G7 and other major international fora, that peace and stability in the Taiwan Strait are essential for global security and prosperity. In other words, he explained, the international community cares about Taiwan and supports peace and stability in the Taiwan Strait because Taiwan is located in the first island chain in the Indo-Pacific, directly facing China. He pointed out that if Taiwan is not protected, China’s expansionist ambitions will certainly grow, which would impact the current rules-based international order. Thus, he said, the international community willingly cares about Taiwan and supports stability in the Taiwan Strait – that is the reason, and it has no direct connection with TSMC. He noted that after all, TSMC has not made investments in that many countries, stressing that, on that point, it is clear. President Lai said that TSMC’s investments in Japan, Europe, and the US are all natural, normal economic and investment activities. He said that Taiwan is a democratic country whose society is based on the rule of law, so when Taiwanese companies need to invest around the world for business needs, the government will support those investments in principle so long as they do not harm national interests. President Lai said that after TSMC Chairman C.C. Wei (魏哲家) held a press conference with President Trump to announce the investment in the US, Chairman Wei returned to Taiwan to hold a press conference with him at the Presidential Office, where the chairman explained to the Taiwanese public that TSMC’s R&D center will remain in Taiwan and that the facilities it has already committed to investing in here will not change and will not be affected. So, the president explained, to put it another way, TSMC will not be weakened by its investment in the US. He further emphasized that Taiwan has strengths in semiconductor manufacturing and is very willing to work alongside other democratic countries to promote the next stage of global prosperity and development. A question was raised about which side should be chosen between the US and China, under the current perception of a return to the Cold War, with East and West facing off as two opposing blocs. President Lai responded by saying that some experts and scholars describe the current situation as entering a new Cold War era between democratic and authoritarian camps; others assert that the war has already begun, including information warfare, economic and trade wars, and the ongoing wars in Europe – the Russo-Ukrainian War – and the Middle East, and the Israel-Hamas conflict. The president said that these are all matters experts have cautioned about, noting that he is not a historian and so will not attempt to define today’s political situation from an academic standpoint. However, he said, he believes that every country has a choice, which is to say, Taiwan, Japan, or any other nation does not necessarily have to choose between the US and China. What we are deciding, he said, is whether our country will maintain a democratic constitutional system or regress into an authoritarian regime, and this is essentially a choice of values – not merely a choice between two major powers. President Lai said that Taiwan’s situation is different from other countries because we face a direct threat from China. He pointed out that we have experienced military conflicts such as the August 23 Artillery Battle and the Battle of Guningtou – actual wars between the Republic of China and the People’s Republic of China. He said that China’s ambition to annex Taiwan has never wavered, and that today, China’s political and military intimidation, as well as internal united front infiltration, are growing increasingly intense. Therefore, he underlined, to defend democracy and sovereignty, protect our free and democratic system, and ensure the safety of our people’s lives and property, Taiwan’s choice is clear. President Lai said that China’s military exercises are not limited to the Taiwan Strait, and include the East China Sea, South China Sea, and even the Sea of Japan, as well as areas around Korea and Australia. Emphasizing that Taiwan, Japan, Australia, and the Philippines are all democratic nations, the president said that Taiwan’s choice is clear, and that he believes Japan also has no other choice. We are all democratic countries, he said, whose people have long pursued the universal values of democracy, freedom, and respect for human rights, and that is what is most important. Regarding the intensifying tensions between the US and China, the president was asked what roles Taiwan and Japan can play. President Lai responded that in his view, Japan is a powerful nation, and he sincerely hopes that Japan can take a leading role amid these changes in the international landscape. He said he believes that countries in the Indo-Pacific region are also willing to respond. He suggested several areas where we can work together: first, democracy and peace; second, innovation and prosperity; and third, justice and sustainability. President Lai stated that in the face of authoritarian threats, we should let peace be our beacon and democracy our compass as we respond to the challenges posed by authoritarian states. Second, he added, as the world enters an era characterized by the comprehensive adoption of smart technologies, Japan and Taiwan should collaborate in the field of innovation to further drive regional prosperity and development. Third, he continued, is justice and sustainability. He explained that because international society still has many issues that need to be resolved, Taiwan and Japan can cooperate for the public good, helping countries in need around the world, and cooperating to address climate change and achieve net-zero transition by 2050. Asked whether he hopes that the US will continue to be a leader in the liberal democratic system, President Lai responded by saying that although the US severed diplomatic ties with the Republic of China, for the past few decades it has assisted Taiwan in various areas such as national defense, security, and countering threats from China, based on the Taiwan Relations Act and the Six Assurances. He pointed out that Taiwan has also benefited, directly and indirectly, in terms of politics, democracy, and economic prosperity thanks to the US, and so Taiwan naturally hopes that the US remains strong and continues to lead the world. President Lai said that when the US encounters difficulties, whether financial difficulties, reindustrialization issues, or becoming a global center for AI, and hopes to receive support from its friends and allies to jointly safeguard regional peace and stability, Taiwan is willing to stand together for a common cause. If the US remains strong, he said, that helps Taiwan, the Indo-Pacific region, and the world as a whole. Noting that while the vital role of the US on the global stage has not changed, the president said that after decades of shouldering global responsibilities, it has encountered some issues. Now, it has to make adjustments, he said, stating his firm belief that it will do so swiftly, and quickly resume its leadership role in the world. Asked to comment on remarks he made during his election campaign that he would like to invite China’s President Xi Jinping for bubble tea, President Lai responded that Taiwan is a peace-loving country, and Taiwanese society is inherently kind, and therefore we hope to get along peacefully with China, living in peace and mutual prosperity. So, during his term as vice president, he said, he was expressing the goodwill of Taiwanese society. Noting that while he of course understands that China’s President Xi would have certain difficulties in accepting this, he emphasized that the goodwill of Taiwanese society has always existed. If China reflects on the past two or three decades, he said, it will see that its economy was able to develop with Taiwan as its largest foreign investor. The president explained that every year, 1 to 2 million Taiwanese were starting businesses or investing in China, creating numerous job opportunities and stabilizing Chinese society. While many Taiwanese businesses have profited, he said, Chinese society has benefited even more. He added that every time a natural disaster occurs, if China is in need, Taiwanese always offer donations. Therefore, the president said, he hopes that China can face the reality of the Republic of China’s existence and understand that the people of Taiwan hope to continue living free and democratic lives with respect for human rights. He also expressed hope that China can pay attention to the goodwill of Taiwanese society. He underlined that we have not abandoned the notion that as long as there is parity, dignity, exchange, and cooperation, the goodwill of choosing dialogue over confrontation and exchange over containment will always exist. Asked for his view on the national security reforms in response to China’s espionage activities and infiltration attempts, President Lai said that China’s united front infiltration activities in Taiwan are indeed very serious. He said that China’s ambitions to annex Taiwan rely not only on the use of political and military intimidation, but also on its long-term united front and infiltration activities in Taiwanese society. Recently, he pointed out, the Taiwan High Prosecutors Office of the Ministry of Justice prosecuted 64 spies, which is three times the number in 2021, and in addition to active-duty military personnel, many retired military personnel were also indicted. Moreover, he added, Taiwan also has the Chinese Unification Promotion Party, which has a background in organized crime, Rehabilitation Alliance Party, which was established by retired military personnel, and Republic of China Taiwan Military Government, which is also composed of retired generals. He explained that these are all China’s front organizations, and they plan one day to engage in collaboration within Taiwan, which shows the seriousness of China’s infiltration in Taiwan. Therefore, the president said, in the recent past he convened a high-level national security meeting and proposed 17 response strategies across five areas. He then enumerated the five areas: first, to address China’s threat to Taiwan’s sovereignty; second, to respond to the threat of China’s obscuring the Taiwanese people’s sense of national identity; third, to respond to the threat of China’s infiltrating and recruiting members of the ROC Armed Forces as spies; fourth, to respond to the threat of China’s infiltration of Taiwanese society through societal exchanges and united front work; and fifth, to respond to the threat of China using “integration plans” to draw Taiwan’s young people and Taiwanese businesses into its united front activities. In response to these five major threats, he said, he has proposed 17 response strategies, one of which being to restore the military trial system. He explained that if active-duty military personnel commit military crimes, they must be subject to military trials, and said that this expresses the Taiwanese government’s determination to respond to China’s united front infiltration and the subversion of Taiwan. Responding to the question of which actions Taiwan can take to guard against China’s threats to regional security, President Lai said that many people are worried that the increasingly tense situation may lead to accidental conflict and the outbreak of war. He stated his own view that Taiwan is committed to facing China’s various threats with caution. Taiwan is never the source of these problems, he emphasized, and if there is an accidental conflict and it turns into a full-scale war, it will certainly be a deliberate act by China using an accidental conflict as a pretext. He said that when China expanded its military presence in the East China Sea and South China Sea, the international community did not stop it; when China conducted exercises in the Taiwan Strait, the international community did not take strong measures to prevent this from happening. Now, he continued, China is conducting gray-zone exercises, which are aggressions against not only the Taiwan Strait, the South China Sea, and the East China Sea, but also extending to the Sea of Japan and waters near South Korea. He said that at this moment, Taiwan, the Philippines, Japan, and even the US should face these developments candidly and seriously, and we must exhibit unity and cooperation to prevent China’s gray-zone aggression from continuing to expand and prevent China from shifting from a military exercise to combat. If no action is taken now, the president said, the situation may become increasingly serious. Asked about the view of some US analysts who point out that China will have the ability to invade Taiwan around 2027, President Lai responded that Taiwan, as the country on the receiving end of threats and aggression, must plan for the worst and make the best preparations. He recalled a famous saying from the armed forces: “Do not count on the enemy not showing up; count on being ready should it strike.” This is why, he said, he proposed the Four Pillars of Peace action plan. First, he said, we must strengthen our national defense. Second, he added, we must strengthen economic resilience, adding that not only must our economy remain strong, but it must also be resilient, and that we cannot put all our eggs in the same basket, in China, as we have done in the past. Third, he continued, we must stand shoulder to shoulder with friends and allies such as Japan and the US, as well as the democratic community, and we must demonstrate the strength of deterrence to prevent China from making the wrong judgment. Fourth, he emphasized, as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China and seek cross-strait peace and mutual prosperity through exchanges and cooperation. Regarding intensifying US-China confrontation, the president was asked in which areas he thinks Taiwan and Japan should strengthen cooperation; with Japan’s Ishiba administration also being a minority government, the president was asked for his expectations for the Ishiba administration. President Lai said that in the face of rapid and tremendous changes in the political situation, every government faces considerable challenges, especially for minority governments, but the Japanese government led by Prime Minister Ishiba has quite adequately responded with various strategies. Furthermore, he said, Japan is different from Taiwan, explaining that although Japan’s ruling party lacks a majority, political parties in Japan engage in competition domestically while exhibiting unity externally. He said that Taiwan’s situation is more challenging, because the ruling and opposition parties hold different views on the direction of the country, due to differences in national identity. The president expressed his hope that in the future Taiwan and Japan will enjoy even more comprehensive cooperation. He stated that he has always believed that deep historical bonds connect Taiwan and Japan. Over the past several decades, he said, when encountering natural disasters and tragedies, our two nations have assisted each other with mutual care and support. He said that the affection between the people of Taiwan and Japan is like that of a family. Pointing out that both countries face the threat of authoritarianism, he said that we share a mission to safeguard universal values such as democracy, freedom, and respect for human rights. The president said that our two countries should be more open to cooperation in various areas to maintain regional peace and stability as well as to strengthen cooperation in economic and industrial development, such as for semiconductor industry chains and everyday applications of AI, including robots and drones, adding that we can also cooperate on climate change response, such as in hydrogen energy and other strategies. He said our two countries should also continue to strengthen people-to-people exchanges. He then took the opportunity to once again invite our good friends from Japan to visit Taiwan for tourism and learn more about Taiwan, saying that the Taiwanese people wholeheartedly welcome our Japanese friends.  

    Details
    2025-05-09
    President Lai extends congratulations on election of His Holiness Pope Leo XIV  
    Following the successful election of the 267th pope of the Roman Catholic Church, His Holiness Pope Leo XIV, on May 8, President Lai Ching-te extended sincere congratulations on behalf of the people and government of Taiwan, including its Catholic community. The president stated that he looks forward to working with Pope Leo XIV to continue deepening cooperation in the area of humanitarian aid and jointly defend the universal value of religious freedom, expanding and strengthening the alliance between Taiwan and the Vatican. Upon learning of the election results, President Lai directed the Republic of China (Taiwan) Embassy to the Holy See to convey a message of congratulations. In the message, President Lai extended sincere congratulations to Pope Leo XIV on behalf of the people and government of Taiwan, including its Catholic community, expressing confidence that His Holiness will lead the Catholic Church and its 1.4 billion followers worldwide with profound wisdom. President Lai also emphasized that Taiwan looks forward to continuing to work alongside the Holy See in the shared pursuit of peace, justice, religious freedom, solidarity, friendship, and human dignity. This year marks the 83rd anniversary of the establishment of diplomatic ties between Taiwan and the Vatican. Enjoying a strong alliance, Taiwan and the Vatican share such universal values as freedom of religion, respect for human rights, peace, and benevolence, and conduct close exchanges. Taiwan will continue to engage in exchanges and cooperation with the Holy See, further strengthen bilateral relations, and work alongside the Holy See to contribute even more to the world.  

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News –

    May 27, 2025
  • Russian drone attacks dip in intensity after three nights of massive bombardment

    Source: Government of India

    Source: Government of India (4)

    Russia launched 60 drones at Ukraine overnight, injuring several people, officials in Kyiv said on Tuesday, indicating a sharp decrease in the intensity of Moscow’s attacks after it conducted three nights of massive aerial bombardment.

    The earlier attacks – which the Ukrainian Air Force said included a record barrage of 355 drones on Sunday night – prompted U.S. President Donald Trump to say that Russian President Vladimir Putin had “gone absolutely CRAZY” and threaten sanctions.

    The air force said Russia’s latest drone attack hit targets in nine locations and used 60 drones. A 17-year-old boy was among 10 people who were injured overnight and early on Tuesday, officials said.

    “Air defence forces were working during the night in Dnipropetrovsk,” Serhiy Lysak, governor of the central-eastern region, said on the Telegram messaging app.

    The latter attack sparked a fire in a private house and an outbuilding in one district and destroyed an agricultural enterprise, a private house and a car in another, he said.

    A 59-year-old man was injured in a morning drone attack on the southern city of Kherson, the military administration said, while in a separate drone attack close to 8 a.m. (0500 GMT), six city employees were injured.

    The city regularly comes under Russian shelling and drone attacks.

    In the northeastern city of Sumy, a drone strike sparked a fire in a building of an industrial enterprise. An airstrike damaged at least seven private and one two-storey buildings and cars in another area, the military administration said. There were no casualties, it added.

    Russia, which began its full-scale invasion of Ukraine in February 2022, did not immediately comment on the reports.

    Ukrainian President Volodymyr Zelenskiy has repeatedly called for the West to step up sanctions pressure on Russia to force it to accept the need for peace.

    (Reuters)

    May 27, 2025
  • MIL-OSI United Kingdom: Near miss with track workers at Bookham Tunnel

    Source: United Kingdom – Executive Government & Departments

    News story

    Near miss with track workers at Bookham Tunnel

    Investigation into a near miss between a passenger train and a team of track workers at Bookham Tunnel, Surrey, 29 April 2025.

    Bookham Tunnel (courtesy of Network Rail).

    At around 11:44 on 29 April 2025, a train operated by South Western Railways, which was travelling at around 30 mph (48 km/h), was involved in a near miss with a team of three track workers within Bookham Tunnel in Surrey.

    The track workers involved were walking back to Bookham station through the tunnel at the time of the near miss, having previously completed work on the telephones located at either end. On hearing the approaching train, two of the track workers entered refuges built into the tunnel walls, while the third worker leant against the tunnel wall as the train passed them. No one was injured in the incident, and no damage was caused.

    A line blockage had been arranged by the team with the signaller before the incident occurred. This was intended to stop trains from running through the tunnel. It was later discovered that this line blockage had been arranged for the nearby Mickleham Tunnel, and that it did not cover Bookham Tunnel.

    Our investigation will seek to identify the sequence of events which led to the incident. It will also consider:

    • the actions of those involved and the factors that may have influenced them
    • the way in which the work was planned and how the risks associated with being on or near a railway line were being managed
    • the roles, responsibilities and working patterns of relevant staff
    • any underlying management factors.

    Our investigation is independent of any investigation by the railway industry or by the industry’s regulator, the Office of Rail and Road.

    We will publish our findings, including any recommendations to improve safety, at the conclusion of our investigation. This report will be available on our website.

    You can subscribe to automated emails notifying you when we publish our reports.

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    Published 27 May 2025

    MIL OSI United Kingdom –

    May 27, 2025
  • MIL-OSI United Kingdom: ‘They’ve made me a better person’: Jackie Penton on her journey to becoming an award-winning foster carer

    Source: City of Manchester

    A sudden phone call one day in February 2014 would change the course of one foster carer’s life forever.

    Already a busy mum-of-three, Jackie Penton, 56, from West Didsbury, was also a full-time carer for her ex-partner who had been unwell for some time. Frequently, she travelled back and forth to Openshaw to look after him.  

    After her brother, who had two girls and five boys, was unable to care for his children, social workers called to ask if Jackie could take in some of her nieces and nephews who had nowhere to go.  

    Without hesitation, she agreed. Her daughter was expecting her first child and had been planning to move out, whilst her other two children had already flown the nest.  

    Jackie, an ex-nursing home carer, says she now had two spare rooms and took in three of her brother’s kids and the others went to live with her sister, who in end the struggled to cope with the children who ranged from 3-14 years old. 

    By the end of the first year after their dad’s sudden death, one of children was looked after by a recruited carer and another went to live with a family friend.  

    Jackie says she became a kinship carer for four of her nieces and nephews but still looked after her other family members who would “come and go” over the years.  

    Jackie, who had always put others first, saw her life change drastically overnight but credits her beginning her training with the Council in foster caring when that dreaded phone call first occurred, which gave her the knowledge needed to transition from kinship carer to foster carer almost seamlessly.  

    To go from preparing to welcome her first grandchild to being “back on the school run” with her nieces and nephews was a huge change, but Jackie says they just got on with it together. After speaking with her two children about it, they simply told her: “You’ve got to do it mum”.  

    Now in a new home and settling in with a new routine, the children still had to deal with negative comments from school about their circumstances, which prompted Jackie to move them to a new school in West Didsbury from Wythenshawe.  

    It was then when the children really began to thrive and their new family life became their new normal when Jackie thought “things would sort itself out” and she would have them temporarily. 

    But Jackie says she got on with it. They would go for meals out, bowling, cinema and even holidays to Blackpool and Butlins with about 20 family members in total. 

    Just this year, Jackie says she was “shocked” to find out she had been nominated for a Lifetime Achievement Award for her unwavering dedication to being a foster carer and her selfless determination to care for others beyond even herself.  

    She was described as an “exceptional” carer by the city council at the Foster Carer Awards and is an active member of the fostering community, regularly participating in events and training sessions. Her foster children simply told her she had received the award ages ago. 

    It’s been over a decade since Jackie first became a foster carer overnight. Now a proud grandmother-of-four, life has changed even more. Her brother passed away three years ago but she says she and the nieces and nephews she took in as her own are “still close as ever”.  

    With many of them having now moved out, Jackie still isn’t done and continues to look after two of the children she helped raise. Jackie, who’s dedicated her life to caring for others, says they’ve made her a better person.  

    Jackie Penton, a dedicated foster carer, said: “Looking after the children has brought out a confidence in me and resilience, because of how I’ve had to support them. I was fortunate to have been undergoing training which enabled me to gradually become a fully-fledged foster carer while living with me. 

    “They are thriving and I’m so proud of who they have become. It’s tough and you must do a lot of work on yourself to show up for the children, but it’s worth every second – they’ve made me a better person.” 

    Councillor Julie Reid, Executive Member for Children, Early Years and Young People, said: “At a time when the city is working hard to embed the Rights of the Child into everything we do as we work towards becoming a UNICEF Child Friendly City, we’re more acutely aware than ever about the important role our foster carers play.  

    “Their compassion, resilience, and unwavering commitment are the foundation of a brighter future for Manchester’s children. We are so proud to have Jackie Penton as a Lifetime Achievement Award winner and shining example for creating a better tomorrow for our children.” 

    For more information on Manchester City Council’s fostering service, please visit Fostering 

    MIL OSI United Kingdom –

    May 27, 2025
  • MIL-OSI United Kingdom: Museum takes time to pay striking tribute to city’s classic clocks

    Source: City of Leeds

    Beautiful vintage clocks will take museum visitors in Leeds on a journey through time this week.

    The carefully curated collection of historic timepieces will be going on show at the Leeds Discovery Centre during a special family workshop exploring the art of clockmaking while looking at some of the museum’s huge collection.

    With examples including cuckoo clocks, long case clocks, better known as Grandfather clocks, and even retro digital bedside alarm clocks, the event will give visitors of all ages the opportunity to find out about some of the city’s esteemed clockmakers while getting an up-close look at their work and taking part in clock-themed some craft activities.

    Among the pieces featured in the event will be elaborate painted clock faces by Leeds artisans J C Elliott and G Winter, who both had local workshops in the late 19th Century, when many such small, family-run shops would have been located in big cities like Leeds.

    An intricate, early 20th Century Swiss-made wooden cuckoo clock and some classic examples of 19th and 20th Century carriage clocks are also included. They will be shown alongside a more modern, 1970s Minitman digital bedside alarm clock.

    Kitty Ross, Leeds Museums and Galleries’ curator of social history, said: “The variety of the timepieces in our collection really demonstrates how keeping time has been a blend of form and function for generations, with people not only wanting an accurate and reliable way to tell the time, but also a decorative and often beautiful one too.

    “This led to a wealth of remarkably talented and artistic clockmakers honing their craft in cities like Leeds, often passing on their skills to their descendants and forming highly respected family businesses which made a lasting contribution to the city.

    “Their work has very much stood the test of time and it’s a tribute to their skill that we’re still able to see and appreciate their work today and share it with visitors and families.”

    Other notable Leeds clockmakers include the famed Potts and Sons, established in Pudsey in 1833 by William Potts.

    As the company grew, they supplied 1,568 clocks for locations including at Leeds Town Hall and Leeds Corn Exchange.

    Potts clocks could also be found at Lerwick Town Hall in the Shetland Islands, the Roman Catholic Church Hall in Melbourne, Australia and the post office in Port Lyttleton, New Zealand.

    As well as learning about clockmakers of the past, visitors and families at this week’s workshop will also have the chance to get hands on and make their own wall clock to take home.

    Councillor Salma Arif, Leeds City Council’s executive member for adult social care, active lifestyles and culture, said: “Leeds has been home to so many talented artisans over the years who have really left their mark on the city and it’s fitting that we’re able to pay tribute to their efforts today.

    “The work of our museums and galleries in preserving and celebrating these important parts of our local heritage also enables us to continue to learn and be inspired by the amazing story of Leeds.”

    Turn Back the Clock takes place at Leeds Discovery Centre on May 28 on a give what you can basis, where visitors choose to pay what they can.

    More information and how to book can be found at: Turn Back the Clock | Leeds Museums and Galleries | Days out and exhibitions

    ENDS

    MIL OSI United Kingdom –

    May 27, 2025
  • MIL-OSI: Nokia accelerates mass market multi-Gig broadband with new high-density 25G PON line card

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia accelerates mass market multi-Gig broadband with new high-density 25G PON line card

    • The new 16-port line card solution is optimized for mass market 25G PON, ensuring multi-gigabit can be delivered in a cost-effective way to everyone without compromise.
    • Nokia’s 25G PON line card, based on the Quillion chipset, supports GPON, XGS, and 25G PON, providing flexible upgrade options that can future-proof fiber access networks.
    • 25G PON is the fastest, greenest and most cost-effective way to deliver multi-gig and 10G+ residential services.

    27 May 2025
    Espoo, Finland – Nokia today announced the launch of a new 25G PON high-density line card designed to deliver mass market, multi-gig, residential broadband services that users expect from a premium broadband experience. Supporting a diverse range of PON technology options, the new solution provides operators with a cost-effective way to deliver true 10Gb/s broadband services in a cost-effective way. The 16-port line card, based on Nokia’s Quillion chipset, supports GPON, XGS-PON, 25G PON and multi-PON variants like GPON + XGS-PON, XGS+25G PON and GPON + XGS + 25G PON on every port, giving operators the flexibility to seamlessly evolve with market demands.         

    The need for multi-gigabit is gaining momentum as operators look to move beyond providing sustained, average bandwidth toward differentiated services that can handle bursty, high-peak traffic demands and deliver superior customer experiences. End-users also increasingly seek high-speed upstream and downstream connectivity for real-time access to the cloud, gaming, home working and Wi-Fi 7. With 10G+ connectivity, games can be downloaded in minutes versus an hour with 1 Gigabit speeds, data and application in the cloud can be accessed instantaneously, and Wi-Fi 7 can be effectively backhauled.

    “We’re helping operators deliver unbeatable multi-gigabit experiences today with our new 25G PON solution. It combines speed, scale, and efficiency — giving service providers an efficient path to new revenue streams, without having to rethink their entire network,” said Geert Heyninck, General Manager, Broadband Networks at Nokia.

    “Being able to cost-effectively scale multi-gigabit and true 10Gb/s services across their entire residential subscriber base is critical for service providers in increasingly competitive broadband markets. The ability to offer the highest speeds, and handle high-peak traffic demands with the lowest latency and jitter is how providers will stand out from the crowd and keep subscribers happy,” said Jeff Heynen, Vice President, Broadband Access and Home Networking at Dell’Oro Group.

    Expanding Nokia’s comprehensive 25G PON portfolio, the new line cards can be paired with Nokia’s fiber modems to provide a future-proof, cost-efficient, end-to-end solution for mass market 25G PON residential and enterprise service deployments. Today 20 operators, including Google Fiber, and Hong Kong Broadband are using Nokia’s proven 25G PON technology to address demand for faster broadband speeds.

    “Fiber is a strategic asset that ensures our network can scale and adapt to changing customer needs. The ability to seamlessly upgrade from GPON to XGS-PON and now 25G PON, along with our unique coexistence technology, reflects our commitment to staying ahead of the curve. 25G PON strengthens our competitive position, enabling us to deliver high-speed, future-proof connectivity for businesses and an expanding base of residential customers who increasingly depend on fast, reliable broadband for cloud services, gaming, and immersive digital experiences,” said Veronica Bloodworth, EVP and Chief Network Officer at Frontier.

    Multimedia, technical information and related news 
    Web Page: Nokia 25G PON

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. 

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

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    The MIL Network –

    May 27, 2025
  • MIL-OSI: IBFD Appoints Three New Members to Board of Trustees

    Source: GlobeNewswire (MIL-OSI)

    Amsterdam, May 27, 2025 (GLOBE NEWSWIRE) — The International Bureau of Fiscal Documentation (IBFD) is pleased to announce the appointment of three distinguished experts to its Board of Trustees (BOT), strengthening its position as the “Home of International Taxation”.

    Effective 17 May 2025, Juliane Kokott, Alexia Scott and Paolo Valerio Barbantini have joined the IBFD BOT, bringing a wealth of expertise in international taxation, law and policy. Their diverse backgrounds and esteemed careers will enhance IBFD’s mission of providing independent, high-quality research, analysis and data in the field of international taxation.

    Juliane Kokott

    Juliane Kokott is Advocate General at the Court of Justice of the European Union since 2003. With a distinguished career in European and international law, she is a respected authority in tax regulation and compliance. Ms Kokott has published numerous scholarly articles and books on tax law and has been a keynote speaker at many international conferences. Her deep legal expertise and insights into the evolving landscape of tax law will provide valuable guidance to IBFD’s initiatives.

    Alexia Scott

    Alexia Scott is the Global Head of Tax at L’Oréal, the French cosmetics group, since 2013. She is a senior international tax executive with over 30 years of leadership in tax strategy, planning and compliance across globally recognized groups in different sectors (beauty, transport, automotive and civil work).

    Ms Scott is a specialist in cross-border taxation and policy, dedicated to advancing sustainable fiscal strategies and promoting transparency. She has worked with various governments and international organizations to develop ESG-focused tax initiatives. IBFD will greatly benefit from her leadership in international corporate taxation.

    Paolo Valerio Barbantini

    Paolo Valerio Barbantini is Head of Tax of Fincantieri Group, a leading Italian multinational in shipbuilding, as from March 2024. Between 2018 and February 2024, he served the Italian Revenue Agency (Agenzia delle entrate) as Deputy Director General. From 2015 until January 2018, Mr Barbantini worked at the OECD Centre for Tax Policy and Administration as coordinator of BEPS and developing countries, then as responsible for their engagement and launch of the Inclusive Framework on BEPS. Mr Barbantini’s extensive experience in tax administration and tax policy development, as well as in international cooperation, will be invaluable to IBFD’s ongoing efforts in fostering innovative solutions for fiscal challenges.

    “We are honoured to welcome these prominent members of our community to our Board of Trustees,” said IBFD CEO Jan Maarten Slagter. “Their expertise and leadership will be instrumental as IBFD continues to provide valuable and trusted insights and help to shape the future of international taxation.”

    IBFD’s Board of Trustees oversees the overall management of the  organization. It consists of highly experienced tax professionals, (former) government officials and professionals with relevant non-tax backgrounds from all corners of the world.

    For more information about IBFD and its initiatives, visit the IBFD website.

    About IBFD

    IBFD is a leading independent foundation specializing in international tax research, education and knowledge dissemination. With a global network of experts and institutions, IBFD provides unparalleled resources in cross-border taxation, policy and compliance.

    Attachment

    • IBFD Appoints Three New Members to Board of Trustees

    The MIL Network –

    May 27, 2025
  • From Digital India to Digital Classrooms-How Bharat’s Internet Revolution is Reaching its Young Learners

    Source: Government of India

    Source: Government of India (4)

    New Chapter in Bharat Begins

    In a quiet village in rural Karnataka, five young friends huddle below the sprawling banyan tree wide eyed with wonder at the glow of a tablet. What might seem like an ordinary sight in a metropolitan school is a scene of silent transformation in the heart of Bharat. The internet is here — not just as a public utility, but as a storyteller, a teacher, and a window to a thousand possibilities. It’s not just technology but a revolution at work.

    Today, India moves quickly toward a digital future. And while the dust of the world rages outside, applauding the glories of fibre-optic cables adorning urban skyscrapers and metro cities, the real magic is being spun within the fields, villages, and small towns where Digital India, PM-WANI, and PM eVidya are changing destinies — especially for the young learners of this nation.

    On one of my trips to a village in Shivamogga district of Karnataka, a particular image stayed with me: that of children gathered under a tree, connecting to an internet hotspot for their online classes. Behind this is a real force: PM-WANI (Prime Minister Wi-Fi Access Network Interface), a grand scheme under Digital India.

    What is PM-WANI, and Why It Matters?

    Imagine a village school where eight students share two textbooks. Now imagine the same school with a public Wi-Fi hotspot letting every child get access to digital libraries, educational videos, virtual museums, and interactive learning apps. Which one do you think is better? This is what PM-WANI promises.

    Launched in December 2020, PM-WANI is a project under Digital India mission to democratize access to the Internet through public Wi-Fi hotspots at common places like railway stations, village squares, markets, and even under trees. Ordinary spaces have now turned into digital classrooms.

    Why is it a revolution?

    • First of all, it brings affordable, high-speed Internet where there is none.
    • Second, it removes both the geographical and the economic barriers to knowledge.
    • Third, it empowers children and communities by making digital tools accessible.

    Where PM-WANI brings the pipes, PM eVidya brings the water — rich, culturally relevant educational content for these digital pipelines.

    PM eVidya: India’s Learning Lifeline

    This program was launched in 2020, in light of the closure of schools due to the pandemic. With PM eVidya, no child was left behind in learning- no matter where they live.

    It is a complete program integrating the three modes: digital, radio, and television education, while providing various resources including:

    • Diksha platform- interactive e-content and learning tools
    • Swayam Prabha – 34 DTH channels dedicated for education programming
    • Radio School – lessons broadcast in various languages through All India Radio.

    The strength of PM eVidya is in its multi-mode access so that either the child has a smartphone, a television, or even just a simple radio. There are lessons and stories with which they can easily access to satisfy their learning curiosity.

    Already, this effort has touched more than 12 crore students across our country and opened the door completely to the avenue of knowledge and possibilities.

    The stories that technology makes possible are more inspiring to me than the technology itself. For example, in Jharkhand, I read about a girl named Rekha who attended a virtual science class for the very first time in her life, thanks to a PM-WANI hotspot near to where she lives. Another example is of children who were all gathered together in a house in Kerala to watch eVidya lessons while their parents looked on with doting awe. And in a very remote corner of Ladakh, a group of children downloaded e-books about space exploration, thereby dreaming of becoming astronauts someday. Such things are not one-off events. They are going to make quite a different normal.

    A recent government report states that so far, more than 2 lakh public hot spots have been registered under PM-WANI, and this number is increasing rapidly. Each of these is a gateway to knowledge for the children of Bharat.

    Why Does This Matter for Children’s Literature?

    As a children’s author and educator, I have realized the importance of growing with the times in terms of children’s literature. This digital revolution is not confined to cities; neither should be the stories in children’s literature. These should reflect both the old and the familiar, and the new, exciting transformations shaping their world. Kids should get the idea that technology belongs to them, that their dreams are possible.

    When kids read stories where characters, much like them, traverse through digital terrains, it creates normalcy around progress. I hope to achieve this through Little Dreamers of Bharat, by capturing this changing Bharat – where a farmer’s daughter learns coding under a banyan tree, where a young boy watches his grandmother weave patterns he then animates on a tablet. Evolving storytelling must mirror the world in which children are growing up.

    The Cultural Layer: Keeping Bharat at the Heart

    What makes this digital revolution genuinely Indian is how it merges technology with tradition. In many ways, villages of Bharat are not abandoning their roots but have digitized them.

    Diksha and Swayam Prabha offer online lessons on folk music, classical dances, ancient crafts, and regional history. What earlier survived only through oral tradition now sees recorded survival in cloud libraries. Digital India indeed does not erase Bharat’s soul; it preserves it in pixels!

    In Barabanki, Uttar Pradesh, a government school set up a PM-WANI hotspot and supplemented it with online storytelling sessions in Awadhi and Hindi, introducing the children in the area to regional poetry and folk tales through smartphones. Now that’s an awesome model of culture-rooted digital literacy to replicate.

    From Possible to Powerful

    • India boasts over 1.2 billion mobile connections – and now, thanks to PM-WANI, those connections are reaching beyond city limits.
    • Over 12 crore students accessed digital lessons via PM eVidya.
    • Rural children, once excluded from digital conversations, are now coding, creating, and collaborating.

    Children who walked several miles each day to attend school can now learn coding under trees. Girls who never ventured beyond their village now participate in a science fair via the virtual medium. Villages that had no electricity now stream digital stories.

    In Tamil Nadu, there is this project called “E-Library on Wheels”, which is connecting PM-WANI networks with village libraries and enabling children to enjoy access to free e-book, virtual field trips, and video workshops on local crafts and traditions. Such stories prove how this revolution is real. What more can one ask to point out the highest degree of a revolution?

    What Else Needs to Be Done

    Great strides have been made. Yet challenges still exist. We need:

    • More local-language resources for children;
    • More digital literacy of parents and teachers;
    • Reliable power infrastructure to complement digital initiatives;
    • Stories that help reflect this new Bharat in every library and classroom.

    Digital infrastructure should be matched with social infrastructure-awareness campaigns, community centres with internet access, and culturally rich, age-appropriate digital libraries.

    The government has initiated Samagra Shiksha Abhiyan in schools to integrate digital tools in the government schools, but sustained local engagement would be significant for effective results.

    Join the Movement

    As a nation, we are penning a fresh chapter — in which technology is owned by each child, whether she is in Delhi or Doddaballapura. And, to finish writing this chapter, we need the readers, teachers, authors, parents, and policymakers to:

    • Promote and create digital content that is local and culturally embedded.
    • Help children view technology as a tool, not a toy.
    • Record and share success stories from towns and villages.
    • Help public Wi-Fi and digital learning programs thrive.

    Let’s bridge the digital divide not just with devices and networks, but stories, confidence, and culturally rooted narratives.

    The Story is Just Beginning

    We often say children are the future. But in Bharat, the future is already sitting under banyan trees watching glowing screens and dreaming big. Once again, thanks to Digital India, PM-WANI, and PM eVidya; the budding generations—their learning, growing, and connecting abilities—now seem so possible compared to how things were ten years ago.

    As a writer, I find myself in the fortunate position of bearing witness to this revolution and writing about it. We must nurture this movement, amplify its voices, and ensure that every child — whether in bustling Bengaluru or remote Bastar — feels part of India’s digital, cultural, and literary renaissance.

    That’s the kind of magic story worth telling.

    (R. Savitha is an accomplished educator and author with extensive experience developing innovative teaching-learning materials and training programs. With close to 12 years of teaching experience across grades 1 to 12 (CBSE), she has also served as the Head of the English Department in a premier CBSE school, where she led overall curriculum planning and academic initiatives. A certified teacher-trainer, Savitha specializes in enhancing communication skills, grammar, and vocabulary-building through activities. She has conducted numerous pedagogy programs for teachers, empowering them with effective strategies and innovative approaches.

    R. Savitha holds an MA degree in English, an M. Ed, and an MBA. With her vast educational background, she worked as a project manager for the foundational stage at Samvit Research Foundation, curating textbooks and teacher handbooks aligned with NEP 2020. A core member of the NCERT national team, she has contributed to the syllabus and textbook development for the Foundational and Preparatory stages. She excels in creating engaging books for children, teaching-learning materials, and designing creative activities. Her published works reflect her dedication to fostering effective and meaningful learning experiences and enhancing classroom interactions, inspiring both students and educators to explore the transformative power of language and education for the betterment of our nation.)

    May 27, 2025
  • MIL-OSI Asia-Pac: DH and NMPA organise seminar on “GBA Medical Device Regulations and Registration Process Training” for local medical device trade (with photos)

    Source: Hong Kong Government special administrative region

    DH and NMPA organise seminar on “GBA Medical Device Regulations and Registration Process Training” for local medical device trade ???
    China is a vital market and manufacturing hub for the global medical device and pharmaceutical industries. In the future, the DH will continue to organise similar activities for the industry, leveraging Hong Kong’s unique advantages and reinforcing connectivity with the Mainland and the world. The DH is committed to aligning with the nation’s direction of high-standard opening up and promoting healthcare innovation and development.
    Issued at HKT 17:15

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    May 27, 2025
  • MIL-OSI: Malaysia AI Workshop Led by Strategic Partner Spotlights Strong Demand for GPTBots’ Enterprise AI Solutions

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, May 27, 2025 (GLOBE NEWSWIRE) — A high-impact AI workshop hosted by Zanroo Malaysia Sdn. Bhd., a key strategic partner of GPTBots.ai, highlighted strong enterprise demand for practical AI solutions in Southeast Asia and demonstrated the GPTBots platform’s significant overseas market potential. The “Enabling the Future: Your Enterprise AI Journey Starts Here” event achieved an 81% attendance rate among senior business and IT leaders, indicating robust market readiness.

    The workshop successfully demonstrated the tangible value of AI, powered by GPTBots’ capabilities, moving beyond theory to real-world application.

    Workshop Highlights – GPTBots Platform Gains Traction with Key Industries:

    • Real-World AI in Action: Live demonstrations of GPTBots-powered solutions, such as ERP+CRM automation, instant multi-language customer service bots, and real-time analytics, drew strong interest from attendees.
    • Industry Engagement: Leaders from banking, retail, healthcare, and IT sectors experienced hands-on use of the no-code GPTBots platform, recognizing its ease of use and rapid deployment for their business needs.
    • Ecosystem-Powered Scalability: The event highlighted how GPTBots’ robust platform and partner-centric model, exemplified by Zanroo, enable enterprises to quickly deploy tailored AI agents and accelerate digital transformation.

    The enthusiastic response from key industry decision-makers in Kuala Lumpur affirms the effectiveness of GPTBots’ no-code platform and global partnership strategy, strengthening our resolve to expand internationally. In collaboration with partners such as Zanroo, GPTBots will continue to support enterprises worldwide in leveraging AI for transformative growth.

    About GPTBots.ai
    GPTBots.ai is a leading no-code AI agent platform, enabling enterprises worldwide to rapidly deploy AI solutions across diverse business scenarios. With industry-specific templates, multi-language support, and end-to-end delivery, GPTBots empowers businesses to simplify processes and unlock growth.

    About Zanroo Malaysia
    Zanroo, a Data Technology company, leverages online, offline, and real-time data to help businesses overcome challenges. Building on this foundation, Zanroo Malaysia provides data insights via its Data Analytic Hub and optimizes operations with proprietary tools, offering core Enterprise services like Social Listening, Monitoring, Community Management & Social Research.

    Media Contact:
    Silvia
    Senior Marketing Manager
    marketing@gptbots.ai

    The MIL Network –

    May 27, 2025
  • MIL-OSI United Kingdom: Scottish Child Payment is making a ’massive difference’

    Source: Scottish Government

    Michelle, a mother of three from Edinburgh has shared the impact Scottish Child Payment is having in her daughter’s life.

    “One of my daughters has autism and ADHD, and Scottish Child Payment allows me to do activities that calm her down and make her happy and that makes a massive difference.”

    Figures released today, reveal that Michelle’s daughter is just one of 326,255 children who are actively benefiting from Scottish Child Payment.

    Scottish Child Payment is unique to Scotland and provides financial support for families, helping with the costs of caring for a child. It is a weekly payment, currently worth £27.15, for every eligible child that a parent or carer looks after who’s under 16 years of age. 

    Michelle said:

    “Scottish Child Payment is something that helps you and helps your children when you’re in a difficult financial situation. I think there’s sometimes a stigma around applying for it, especially as a single mother, but I highly recommend that those who have yet to apply for it do so.”

    Social Justice Secretary Shirley-Anne Somerville said:  

    “Eradicating child poverty is the Scottish Government’s top priority and a national mission.   

    “Today’s figure show that the Scottish Government is supporting 233,040 individual clients and 326,255 children throughout Scotland, with over 7.5 million paid out in Scottish Child Payment.

    “These payments are actively improving the lives of hundreds of thousands of children in Scotland – helping their families to access essentials and experiences they might otherwise miss out on because they live on a low income.

    “In the coming year it is forecast we’ll invest a further £471 million, ensuring that this support continues to reach even more families and children who need it.”

    We would urge those who are thinking of applying for financial support, to check their eligibility and start their application today.”

    Background

    Social Security Scotland – Scottish Child Payment statistics to 31 March 2025

    Scottish Child Payment is one of the five family payments parents and carers may be eligible for along with Best Start Grant and Best Start Foods.     

    All of the following need to apply:     

    • the person lives in Scotland  
    • the person or their partner are getting certain benefits or payments  
    • the person or their partner are the main person looking after a child who’s under 16 years old  

    A parent or carer can apply whether they are in work or not, if they or their partner are getting one or more of the following benefits:    

    • Universal Credit   
    • Child Tax Credit   
    • Working Tax Credit   
    • income-based Jobseeker’s Allowance (JSA).   

    Social Security Scotland also accept claims if the person alone is named on one of these benefits:   

    • Pension Credit   
    • Income Support   
    • income-related Employment and Support Allowance (ESA)   

     

    MIL OSI United Kingdom –

    May 27, 2025
  • MIL-OSI Russia: Professor of the State University of Management spoke at the International scientific and practical conference on combating illegal migration

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    A professor of the State University of Management spoke at the International Scientific and Practical Conference “Cooperation between Law Enforcement Agencies of Foreign States and the Russian Federation in Combating Illegal Migration”, which was held at the Moscow University of the Ministry of Internal Affairs of Russia named after V. Ya. Kikot using videoconferencing.

    The conference was opened by the head of the Moscow University of the Ministry of Internal Affairs of Russia, Lieutenant General of Police Igor Kalinichenko, who gave the floor to the deputy of the State Duma of the Federal Assembly of the Russian Federation Anastasia Udaltsova.

    The event was attended by leading scientists from educational and scientific organizations of the Russian Federation and foreign countries, representatives of practical units of law enforcement agencies, and public associations.

    Professor of the Department of Public Administration and Political Technologies of the State University of Management, member of the Council under the President of the Russian Federation for Interethnic Relations and the Public Council under the Ministry of Internal Affairs of Russia Vladimir Volokh gave a report on the topic “Development of the system of managing migration processes in the Russian Federation: new approaches and mechanisms”. He noted that Russia faces a number of serious challenges in the field of migration, requiring the development of adequate and effective response measures. Solving migration problems that affect security requires a systemic approach, considered and balanced measures, as well as coordination of efforts of all public authorities.

    The professor emphasized the need to improve the system of managing migration processes in modern Russia, which is confirmed by the creation of a new migration structure – the Service for Citizenship and Registration of Foreign Citizens.

    Vladimir Volokh noted that government bodies and law enforcement agencies, together with civil society institutions, have carried out significant work to implement the Concept of the State Migration Policy of the Russian Federation for 2019–2025. This is regularly reported on the official website of the Public Council under the Ministry of Internal Affairs of Russia: 4,646 news reports have been published in 2024.

    According to the professor, there is a pressing need to develop and approve by the Head of State a new Strategy for the State Migration Policy of the Russian Federation, which should replace the current Concept.

    In addition, Vladimir Volokh presented the university with his recently published trilogy – SELECTED in 3 volumes. Volume 1. Monographs. Volume 2: Textbooks and teaching aids. Volume 3: Voice of an expert: scientific articles and speeches at key venues.

    The conference participants also discussed a wide range of current theoretical and practical issues: improving legal mechanisms to combat illegal migration, state strategies in Russia and foreign countries.

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

    MIL OSI Russia News –

    May 27, 2025
  • MIL-OSI: Cardano Foundation and Switzerland for UNHCR cooperate in Industry-First ETP That Funds Refugee Support Through Crypto Staking, Geneva, Switzerland

    Source: GlobeNewswire (MIL-OSI)

     With over 100 million people forcibly displaced worldwide, the humanitarian system faces unprecedented challenges in funding essential services. In response, an innovative financial product—the Cardano Impact for UNHCR ETP (CASL)—launches on 28 May on the SIX Swiss Exchange, creating a bridge between institutional capital and humanitarian relief through blockchain.

    The CASL ETP (Ticker: CASL | ISIN: CH1327686056) is the first-ever regulated exchange-traded product that converts blockchain staking rewards into continuous funding for UNHCR, the UN Refugee Agency. The product offers investors exposure to Cardano (ADA), while automatically donating 100% of staking rewards—not principal—toward field operations supporting refugees across over 135 countries, including Syria, Sudan, and Venezuela.

    “This launch represents a world first in sustainable finance and humanitarian aid,” said Oliver Anselmo, Deputy Executive Director at Switzerland for UNHCR. “It transforms passive investment returns into a recurring, scalable stream of support for people who have lost everything.”

    Quantifying Impact

    Based on current ADA staking yields (~3.5% APY) and projections of initial fund inflows, the CASL ETP could generate $1.5 to $2 million in annual donations with $50 million in assets under management—funds that directly power UNHCR’s emergency response and innovative refugee programs.

    Industry-First Technical and Regulatory Design

    Structured by issuance.swiss AG and operated under Swiss regulatory approval, CASL is physically backed 1:1 by ADA, with a 1.5% management fee. It bypasses crypto-native complexities through a familiar ISIN, allowing institutions to invest using USD, EUR, or CHF—with no wallets, private keys, or blockchain knowledge required.

    “CASL is an industry-first that merges full regulatory compliance, institutional-grade staking infrastructure, and humanitarian aid in one product,” said Laurent Kssis, CIO at issuance.swiss AG. “We’ve eliminated the operational barriers—from fiat on-ramps to staking—and embedded impact at the protocol layer of capital allocation.”

    Powered by Trusted Partners

    Custody and staking are operated by Taurus SA, a FINMA-regulated securities firm and leader in digital asset infrastructure, based in Geneva, Switzerland. ADA contributions to the underlying stake pool include 3.5 million ADA from the Cardano Foundation, alongside more than 200 delegations of holdings from the HOSKY team and their fans for a total amount of 6.3 million ADA, underscoring community trust and sustainability.

    “Our infrastructure secures the ADA and operates staking pools to maximize both yield and impact,” said Lamine Brahimi, Managing Partner at Taurus SA. “We are extremely proud to extend our partnership with UNHCR for Switzerland and with Cardano, and to demonstrate how innovation can be a force for good by providing support to forcibly displaced people.”

    Why Cardano? Why UNHCR?

    “From funding streams to digital ID, one thing is clear: blockchain has the potential to be a great leveler, providing innovative ways of solving some of the administrative problems that make seeking refuge even harder. With the technology and use cases now at a stage where they have the capacity to substantially facilitate daily operations, the widespread adoption of humanitarian blockchain solutions must become one of the industry’s key priorities,” said Frederik Gregaard, CEO of the Cardano Foundation.

    Cardano currently ranks among the top 10 cryptocurrencies by market cap (~$22 billion), with ADA priced at approximately $0.62 as of May 2025. Its proof-of-stake consensus, peer-reviewed architecture, and environmental efficiency make it uniquely suited for mission-critical applications.

    The Bigger Picture

    This model is already drawing attention from other humanitarian and philanthropic entities.

    “We believe this model can and should be replicated,” added Pavel Izmaylov, CEO of issuance.swiss AG. “Discussions are already underway to launch additional impact-linked ETPs supporting education, climate resilience, and public health within the next 6 to 12 months.”

    An early institutional investor Florian Volery, Liqwid.Finance, commented: “CASL gives us ADA exposure, recently included in US Fed Reserve digital assets and the only blockchain never experienced any technical outage, while automatically contributing to one of the most urgent causes of our time—it’s smart capital at its best.”

    Product Summary

    • Name: Cardano Impact for UNHCR ETP (CASL)
    • Ticker: CASL | ISIN: CH1327686056
    • Launch Date: May 28, 2025
    • Exchange: SIX Swiss Exchange
    • Management Fee: 1.5%
    • Custodian & Staking Operator: Taurus SA
    • Currency: USD / EUR / CHF
    • Underlying: 100% physically backed Cardano (ADA)

    About UNHCR
    UNHCR, the UN Refugee Agency, protects and assists people forced to flee due to conflict and persecution. Operating in over 135 countries, UNHCR delivers life-saving aid and solutions to refugees and stateless people.

    About Switzerland for UNHCR

    Switzerland for UNHCR is the national partner of the UN Refugee Agency for Switzerland and Liechtenstein. Its mission is to support UNHCR’s mission by mobilizing essential resources and raising awareness on behalf of those who are forced to flee.   

    About Cardano Foundation
    The Cardano Foundation advances Cardano’s global adoption and is committed to unlocking blockchain for good. It stewards the development of the Cardano protocol and ecosystem.

    About issuance.swiss AG
    issuance.swiss AG is a Swiss-based issuer of regulated digital asset products, pioneering accessible, transparent, and socially impactful investment structures.

    About Taurus SA
    Taurus SA provides regulated infrastructure for digital assets, enabling custody, tokenization, and staking services trusted by top-tier institutions.

    For media inquiries:
    press@issuance.swiss
    media@cardanofoundation.org
    UNHCR/Switzerland for UNHCR: alvaro.cosi@unrefugees.ch
    press@taurusgroup.ch

    Disclaimer 
    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan.This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. This document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iv) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (v) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The approval of the 2024 Base Prospectus (EU) should not be understood as an endorsement by the FMA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2024 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities.

    The MIL Network –

    May 27, 2025
  • MIL-OSI Global: 10 years ago Kenya set out to fix gender gaps in education – what’s working and what still needs to be done

    Source: The Conversation – Africa – By Benta A. Abuya, Research Scientist, African Population and Health Research Center

    The Kenyan government launched a big attempt in 2015 to promote gender equality in and through the education sector. This was guided by principles of equal participation and inclusion of women and men, and girls and boys in national development.

    The Education and Training Sector Gender Policy aligned with national, regional and global commitments. This included the constitution, and Sustainable Development Goals 4 on quality education and 5 on gender equality.

    Years later, however, it became clear that the government wasn’t achieving some policy’s objectives. Gaps remained in reducing gender inequalities in access, participation and achievement at all levels of education.

    The government decided to review the causes of these challenges and what could be done differently.

    This led to a two-year joint study in partnership with the African Population and Health Research Center. The study began in 2022. Its overall objective was to provide evidence for action on mainstreaming gender issues in basic education in Kenya. Gender mainstreaming generally refers to being sensitive to gender when developing policies and curricula, governing schools, teaching and using learning materials.

    The study specifically aimed to:

    1. examine how the teacher-training curriculum prepares teachers to implement gender mainstreaming strategies within the basic education sector

    2. examine how gender mainstreaming is practised in classrooms during teaching and learning

    3. assess the relationship between teaching practices and students’ attendance, choice of subjects and academic performance

    4. evaluate the availability of institutional policies, practices and guidelines to mainstream gender issues and the extent to which they influence gender mainstreaming in education.

    I’m a gender and education researcher and was part of the team from the African Population and Health Research Center that collected data for the policy review. This data came from 10 counties with high child poverty rates and urban informal settlements. These indicators highlight an inability to access one or more basic needs or services.

    The study involved teacher trainers and trainees. We also spoke to education officials, and learners in primary and secondary schools. We carried out classroom observations, knowledge and attitude surveys, questionnaires, key informant interviews and focus group discussions.




    Read more:
    6 priorities to get Kenya’s curriculum back on track – or risk excluding many children from education


    The data showed gaps in teacher training, as well as institutional and teaching practices at the basic education level. Policy wasn’t being carried through in practice.

    The gaps

    Our study found that Kenya needs to review its teacher education curriculum to make it more gender responsive.

    Teachers also need more training to follow practices that are gender responsive. These practices include extending positive reinforcement to girls and boys, maintaining eye contact and allowing learners to speak without interruption.

    Deliberate steps should be taken to ensure that schools and teacher training colleges are gender inclusive in their practices, guidelines and programmes.

    More specifically, our study found:

    • Teacher trainees had a relatively good understanding of gender-equitable teaching and learning practices. But there was a need to place greater importance on this in lesson planning and in supporting girls in science, technology, engineering and mathematics (STEM).

    • Gender mainstreaming is not built into the teacher training curriculum. It isn’t taught as a standalone unit. Teacher trainees learnt about it mainly from general courses, such as child development and psychology, or private training. And teacher trainees were unaware that they were being tested on this.

    • There were no significant gender differences in how teachers in pre-primary and primary school taught boys and girls. At the secondary level, however, teachers engaged boys more than girls during during literacy and STEM lessons.

    • At both primary and secondary levels, gender-equitable practices positively influenced learning outcomes in English and STEM subjects. These practices improved academic performances in English at the primary level. They led to improvements in biology, English, mathematics and physics at the secondary level.

    • The odds of school attendance increased if teachers treated boys and girls in equitable ways.

    • The odds of boys selecting chemistry and physics at the secondary level increased if the teacher of the subject was approachable and if the subject was considered applicable to future careers.

    • More than 40% of primary and secondary schools didn’t have guidelines on sexual harassment and gender-based violence for teachers and students. And most of the schools that said they had these guidelines couldn’t provide them to the research team. These guidelines help mainstream gender issues in schools and communities.

    What next

    To advance gender equality, Kenya must move beyond policy awareness. It must be more responsive to gender in teacher training, classroom practices and institutional leadership.

    Our study recommends:

    • creating a positive and inclusive learning environment where both boys and girls feel valued, capable, and motivated to learn

    • teaching gender mainstreaming as a standalone unit, or integrating it into the teaching methodology

    • coaching, mentorship and modelling of best practices to trainee teachers

    • financial support for gender mainstreaming in all areas of teacher education

    • encouraging girls to pursue STEM subjects and careers at an early age through formal mentorship programmes

    • encouraging and empowering women teachers and parents to take up leadership positions in schools to provide role models for students.




    Read more:
    Kenya’s decision to make maths optional in high school is a bad idea – what should happen instead


    Our findings offer a critical evidence base for the education ministry and other stakeholders. They should put accountability mechanisms in place.

    Only through sustained, data-driven action can Kenya achieve a truly inclusive and equitable education system.

    Benta A. Abuya does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. 10 years ago Kenya set out to fix gender gaps in education – what’s working and what still needs to be done – https://theconversation.com/10-years-ago-kenya-set-out-to-fix-gender-gaps-in-education-whats-working-and-what-still-needs-to-be-done-255400

    MIL OSI – Global Reports –

    May 27, 2025
  • Why Grassroot Leadership is Important for India and the Modi Government’s Vision in Facilitating the same.

    Source: Government of India

    Source: Government of India (4)

    Grassroots leadership refers to the vision, action and success that emerges from the local levels, often in communities or organizations, rather than from top-tier or centralized authorities. It involves ordinary people stepping up to address issues that directly affect their lives, using their unique insights and experiences to drive a significant change – which impacts not only their immediate surroundings but the people at large. This type of leadership invents new systems from ground zero, because adversities are many and resources are scanty.

    Grassroots leadership is crucial for a country because it fosters solutions that are more personalized and customized with reference to the sensitivities of the people, having acknowledged the first-hand experiences of dealing with the problems. The policies and decisions under such leadership are more in sync with the needs and priorities of the target users, rather than being formulated by distant, detached bosses. This kind of leadership promotes self-sufficiency where people are empowered to identify and resolve their own problems, while raising a network group dedicated to the cause. It also improves social equity by giving marginalized or underrepresented groups a voice and a platform. Grassroots leaders build trust and solidarity within their communities, creating a more resilient society. When communities learn to lead change from within, it involves people directly in the shaping of their future.

    Grassroots leadership in India has evolved significantly from ancient times to the present day, reflecting the country’s changing social, political, and economic landscape. In ancient India, village councils, or panchayats, played a crucial role in self-governance, with elders and community leaders making collective decisions. These decentralized governance systems were deeply rooted in local traditions and ensured community participation. During the colonial period, grassroots leadership took on a resistance role, as leaders like Mahatma Gandhi mobilized people through movements such as Satyagraha and Swadeshi, emphasizing self-reliance and local empowerment. Post-independence, India institutionalized grassroots leadership through the 73rd and 74th Constitutional Amendments in 1992, which strengthened Panchayati Raj institutions and urban local bodies, giving power to local representatives, including women and marginalized groups. 

    Women have been at the forefront of grassroots leadership, often playing pivotal roles in community-building and social change. Their contributions however, frequently go unnoticed and undervalued. Women’s presence as grassroot visionaries are powerfully reflected in the ancient culture and history of India. Both the Ramayana and the Mahabharata introduce female characters playing pivotal roles in shaping events, often through resilience, wisdom, and influence at the community or familial level. In the Ramayana, Sita expresses agrarian expertise and herbal knowledge while she was in exile. Shabari, a tribal woman, demonstrates unwavering faith and service, engaged in gathering fruits and berries. Damayanti and Draupadi, in the Mahabharata, became servants at other’s kingdoms demonstrating their adaptations to economic hardships or adverse conditions. While Hidimbi and Satyabhama were war-trained agro experts, Gargi, Maitreyi and Sulabha took up the roles of teachers and scholars. Kunti, Gandhari and Draupadi guided their men through political and existential dilemmas, questioning injustice and lawlessness, ultimately influencing the course of history. 

    Given that we are the descendants of such a strong and able society, it is only obvious that women’s grassroots leadership in India would be powerfully rooted in empathy, inclusivity, and long-term sustainability. Other than the women-led businesses that contribute to the GDP directly, women are often the driving force behind social movements focused on justice, peace, and human rights which cleanse a society and raise better individuals, thus multiplying the number of capable contributors who can make direct contributions to the GDP. Examples are Jumde Yomgam Gamlin fighting against substance abuse in Arunachal Pradesh, Bharatanatyam artist Dr. Narthaki Nataraj spreading the message for gender equality, Moirangthem Muktamani Devi from Manipur initiating a knitted shoe-start up, uplifting knitting from its women’s hobby status and simultaneously making her way out of poverty, and many others. By recognizing and supporting the leadership of women at the grassroots level, who have made their way up battling systemic barriers and unequal access to opportunities, societies can unlock tremendous potential for social and political transformation.

    India was always a land of great leaders operating from the grassroots. What had been lacking over a long period of time was their recognition. Right from the beginning of its tenure in 2014, the Modi government had focussed on rerouting towards its roots because the world is standing at the threshold where every moment would usher a gigantic change. The model was clear. In order for the top leadership of the country to face larger storms before taming and integrating new policies and regulations into the Indian business scenario, the support of the grassroot leaders would be very essential in maintaining a healthy social and economic movement for the citizens!

    Today, grassroots leadership in India has expanded beyond governance into social activism, environmental movements, and digital advocacy, with local leaders addressing issues like climate change, gender equality, and rural development. The rise of social entrepreneurship and technology-driven initiatives has further amplified grassroots leadership, making it more inclusive and dynamic. This is increasingly vital for sustainability in the present and future, especially as rapid technological advancements and climate change are expected to disrupt the traditional ways of life. With global automation and artificial intelligence revolutionizing industries, many conventional jobs, particularly in agriculture, manufacturing, and services, will increasingly face obsolescence. This shift threatens the livelihoods of millions, especially in rural and semi-urban areas, making localized leadership essential for retraining, skill development, and economic adaptation. Grassroots leaders play a key role in preparing communities for this transformation by challenging stagnation of the masses and promoting new dreams through embracing digital literacy, fostering entrepreneurship, and encouraging sustainable employment opportunities that align with emerging industries.

    At this juncture, the world along with India is facing severe climate challenges, including unpredictable monsoons, rising temperatures, and extreme weather events that threaten agriculture, water security, and infrastructure. Grassroots leadership is critical here in mobilizing communities for climate adaptation, implementing sustainable practices, promoting water conservation, and developing disaster-resilient infrastructure. Local leaders, often deeply connected with their environments, can drive impactful change by integrating indigenous knowledge with modern solutions. India being a huge country with diverse culture, it would be difficult for a centralized system to address the exponentially growing concerns of the vast population. Growth of grassroots leaders ensures decentralized, community-driven, innovative and people-centric governance – stabilizing the effects of automation and ecological uncertainties. 

    The Modi government has undertaken numerous schemes and development initiatives to empower grassroots leadership across India, fostering local governance, entrepreneurship, and community-driven progress. Recognizing that true development stems from the empowerment of people at the ground level, these initiatives aim to equip individuals with the necessary skills, resources, and platforms to lead change in their communities, both in remote rural areas and urban centers. One of the most significant steps in this direction has been the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM), which focuses on mobilizing rural women into self-help groups (SHGs) to enhance their economic participation. By providing financial assistance, skill training, and market linkages, this initiative has empowered millions of women to emerge as local leaders in micro-entrepreneurship. The government has also promoted StartUp India and StandUp India, encouraging young entrepreneurs, including women and marginalized communities, to establish innovative businesses, ensuring a culture of self-reliance and leadership at the grassroots level. In governance, the Gram Panchayat Development Plan (GPDP) and the Panchayati Raj System Digitization aim to strengthen local self-governance by integrating digital tools, transparency, and community-driven decision-making. The 73rd Constitutional Amendment has been further reinforced with increased financial grants and capacity-building programs, ensuring that local leaders can effectively plan and implement development projects. Additionally, the Rashtriya Gram Swaraj Abhiyan (RGSA) has been instrumental in enhancing the capabilities of panchayat leaders through leadership training and technological integration, fostering accountable and efficient governance. Recognizing the importance of urban grassroots leadership, initiatives like the Smart Cities Mission and AMRUT (Atal Mission for Rejuvenation and Urban Transformation) encourage local urban bodies to take an active role in planning sustainable and technologically advanced cities. These programs prioritize participatory governance, where local communities and leaders contribute to urban planning, infrastructure development, and environmental sustainability. Another major initiative strengthening grassroots leadership is the PM Kisan Samman Nidhi, which provides direct income support to farmers, ensuring economic stability and empowering them to adopt innovative agricultural practices. Complementing this is the Fasal Bima Yojana, which secures farmers against climate uncertainties, allowing them to take calculated risks and lead agricultural advancements. Similarly, the Jal Jeevan Mission empowers village-level committees to oversee water supply management, ensuring sustainable water access in remote areas through decentralized governance.

    Women’s leadership at the grassroots level has been specifically encouraged through the Beti Bachao Beti Padhao scheme, which not only promotes female education but also fosters leadership among young girls. Likewise, the Mahila E-Haat initiative provides a digital marketplace for women entrepreneurs, strengthening their financial independence and influence within their communities. Programs like Digital India and Skill India have further enabled grassroots leaders to integrate modern technology into local governance, small businesses, and educational initiatives. The PM SVANidhi Yojana, supporting street vendors with easy credit access, has also uplifted informal sector entrepreneurs, making them active contributors to urban economies.

    The Modi government achieved 100% electrification of India through initiatives like Saubhagya Yojana, bringing power to even the remotest villages. This milestone has transformed lives by boosting education, healthcare, and businesses, ensuring energy access for all, fostering economic growth, and enhancing India’s global standing in sustainable development and infrastructure advancement. The Digital India initiative by the Modi government has revolutionized governance, economy, and daily life through increased internet penetration, digital payments (UPI), e-governance, and Aadhaar-linked services. It has empowered citizens, boosted startups, enhanced transparency, and made services more accessible, driving India toward a digitally inclusive and self-reliant future. The financial push offered through UPI, Jan Dhan Yojana, and MSME digital lending has empowered small businesses by ensuring easy transactions, financial inclusion, and quick credit access. This has reduced dependency on cash, increased transparency, and boosted economic growth, making India a global leader in fintech innovation.

    Through these initiatives and more, the Modi government is creating an environment where grassroots leaders—whether in villages, towns, or metropolitan areas—are equipped with resources and skills to drive change. This holistic approach ensures that leadership is not concentrated at the top but flourishes at every level, securing a resilient and innovative future for India. The call for action at local and individual levels has also been topped with fair recognition systems to celebrate the front-runners and inspire others to follow suit. The transformation of the Padma Awards into a “People’s Award,” where citizens can nominate deserving individuals through a democratic process, plays a significant role in that vision. Traditionally perceived as honors reserved for elites, bureaucrats, or celebrities, the Modi government has repositioned these awards to recognize the contributions of unsung heroes—ordinary individuals making extraordinary impacts in their communities. This shift not only elevates grassroots leaders but also creates a ripple effect, inspiring millions to take initiative in their own spheres.

    By celebrating success stories of farmers innovating in agriculture, social workers uplifting marginalized communities, artisans preserving cultural heritage, and environmentalists leading conservation efforts, the Padma Awards highlight real-life examples of leadership that emerges from the urban, rural and remote geographies. These stories showcase how dedication, resilience, and ingenuity can drive meaningful change, regardless of formal authority or social status. When local leaders, who often work in anonymity, receive national recognition, it reinforces the idea that transformative contributions are valued and acknowledged by the nation. Also, making the nomination process open to the public allows citizens to identify and elevate role models from their own communities, fostering a sense of collective responsibility toward nation-building. By honoring individuals from remote villages, tribal communities, and lesser-known professions, the awards challenge traditional notions of success, promoting a broader, more inclusive definition of leadership. In the era of remarkable changes, it is only obvious for the citizens of the country to participate and take ownership of change, instead of staying detached, ensuring the spirit of nation-building is a shared emotion across every corner of the country.

    (Koral Dasgupta is an accomplished author and content curator with over 20 years of experience. Her diverse work spans academic non-fiction to relationship dramas, focusing on gender narratives and complex human emotions. Koral founded Tell Me Your Story, a platform that uses literature to inspire social engagement and drive behavioral change for inclusion and diversity. She designs and executes learning programs, conducts writing workshops, and curates content for events focused on gender and mythology. Koral has been an advisory member of the Central Board for Film Certification.

    She holds an MBA in Marketing and a BA in Economics. With her qualifications, she continues to explore the journeys of mythological women further through the lenses of spirituality, leadership, and sexuality, and her Sati Series is widely acclaimed across the circles. Her notable achievements include being shortlisted for the Sahitya Academy Awards in 2023, securing a five-book contract with Pan Macmillan, and cataloging her books in prestigious libraries such as Harvard and Columbia University. Her works have earned her recognition as an Innovator25 Asia Pacific in 2019 and a spot in Outlook Business’ Women of Wonder list. Koral continues to weave narratives that empower voices, inspire change, and reshape perspectives on gender and human connection.)

    May 27, 2025
  • MIL-OSI Russia: HSE Linguists Find Out How Bilinguals Use Numeral Constructions in Russian

    Translation. Region: Russian Federal

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

    HSE researchers identified more than 4,000 examples of oral Russian speech by bilinguals from seven regions of Russia and found that most non-standard forms in constructions with numerals are associated not only with their native language, but also with how often the expression occurs in everyday speech. For example, the phrases “two hours” or “five kilometers” almost always match the literary version, but less familiar expressions, especially with numerals from two to four, as well as with collective forms like “two” or “three,” often sound different. Study published in the International Journal of Bilingualism.

    Russian numerals confuse not only foreigners, but also native speakers. Difficulties also arise for bilinguals – people who speak two or more languages fluently. Some research show that the grammar of the first language, such as Nanai or Ulchi, influences the subsequent acquisition of Russian. However, scientists believe that the influence of the native language is only one of the factors.

    Researchers from International Language Convergence Laboratory HSE University analyzed how bilinguals from different regions of Russia use numerals in oral speech in Russian. To do this, they processed seven collections of interviews recorded in Dagestan, Bashkiria, Chuvashia, Mari El, Karelia and other regions. The sample included stories of more than 180 people speaking 21 languages. Each collection contained recordings of live conversations in which participants answered researchers’ questions and shared stories about themselves, their families, and life in the village. From more than 7,000 phrases with numerals, the researchers selected about 4,000 suitable for analysis, excluding constructions with ordinal numerals and indirect cases.

    The results showed that it is not only the native language that influences the frequency of errors. Other factors are also important: level of education, age, but above all, how often the expression occurs in speech. The more familiar the phrase, for example, “two hours” or “five kilometers,” the less likely it is to encounter a non-standard form. This confirms the hypothesis that language structures are learned not through rules, but through regular use.

    “It cannot be said that when bilinguals use Russian, they simply project the grammar of their native language onto it. Even if a native speaker grew up in an environment where numerals work differently than in Russian, this does not mean that in their Russian speech they will systematically copy the structures of their native language,” explains one of the authors of the article, a research fellow at the International Laboratory of Language Convergence, associate professor Faculty of Humanities HSE University Chiara Naccarato.

    Numerals from two to four, as well as collective forms like “two” and “three,” turned out to be especially difficult for survey participants—they were noticeably more often used in non-standard form.

    The data obtained is important not only for linguists, but also for teachers: it allows us to understand which areas of grammar require more attention. In the future, the authors plan to study other areas in which the native language can (or cannot) influence the acquisition of Russian.

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

    MIL OSI Russia News –

    May 27, 2025
  • MIL-OSI Economics: ASEAN Leaders’ Statement on an Extended and Expanded Ceasefire in Myanmar

    Source: ASEAN

    We remain deeply concerned over the escalation of conflicts and the deteriorating humanitarian situation in Myanmar, further compounded by the impact of the 7.7-magnitude earthquake that struck central Myanmar on 28 March 2025.
    We are committed to assisting Myanmar in finding a peaceful and durable solution to the ongoing crisis. We reiterate that the Five-Point Consensus remains the main reference to address the political crisis in Myanmar, and it should be implemented in its entirety to help the people of Myanmar achieve an inclusive and durable peaceful resolution that is Myanmar-owned and Myanmar led, thus contributing to peace, security and stability in the region.

    Download the full statement here.
    The post ASEAN Leaders’ Statement on an Extended and Expanded Ceasefire in Myanmar appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    May 27, 2025
  • MIL-OSI United Kingdom: Invergowrie Primary School nursery class scores trio of digital learning awards

    Source: Scotland – City of Perth

    he class has received the Digital Learning Through Play Award in Early Learning, Equitable Creative Coding Award and Digital Wellbeing Award, and are the first setting in Perth and Kinross to gain all three awards together.  

    The Digital Learning Through Play Award in Early Learning recognises and celebrates the impressive digital journey that the setting has been on. In the award report for Invergowrie, it was highlighted that digital learning is embedded throughout the setting and is very much co-led with the children. Unplugged learning and digital technology are being used to support quality learning through play, helping to inspire children and families to access the benefits of digital learning.  The use of technology helps instil a sense of community and is part of the nursery culture.   

    The Equitable Creative Coding Award (ECCo), recognises the innovative and inclusive approaches to computational thinking and coding.  Invergowrie Nursery have invested in digital technologies to motivate and inspire, equipping children with essential skills for life and work, and encouraging them to be curious and explore different things.  The award report also noted a clear desire to lead in the embedding of film and screen across early level and support Education Scotland’s commitment to this part of the expressive arts curriculum.   

    The Digital Wellbeing Award highlights that digital wellbeing is integrated into the vision and development work of the setting.  The nursery inspires safe and responsible behaviour and shares helpful advice and support for parents and carers on e-safety.  There is a strong engagement with parents and carers and this work helps parents feel empowered to support their children in safe online practices at home.  

    Linda McGavin, Senior Early Childhood Practitioner at Invergowrie Nursery Class said: “We are delighted to have achieved all three digital awards.  This recognition holds significant importance for our Nursery and reaffirms our ongoing commitment to continuous improvement in digital learning. We aim to empower children to explore, create, and innovate in an increasingly digital world”. 

    “We are grateful for the support of initiatives like the Digital Schools Awards in promoting digital learning in our settings.” 

    Convener of Learning and Families, Councillor John Rebbeck said: “Congratulations to Invergowrie Primary School nursery class for this fantastic achievement. It’s important that our children and young people can use digital technology to improve their learning and prepare them for later life and the working world where computers are for many of us a key element of day-to-day activities. I also welcome the focus on digital wellbeing where the nursery has engaged with parents and families to help them feel confident about online learning and activity at home.” 

    MIL OSI United Kingdom –

    May 27, 2025
  • MIL-OSI: Annexus and North American Expand Partnership With the Launch of Secure Horizon Indexed Universal Life Insurance

    Source: GlobeNewswire (MIL-OSI)

    SCOTTSDALE, Ariz., May 27, 2025 (GLOBE NEWSWIRE) — Annexus, a leading retirement product design company, has announced its continued collaboration with North American Company for Life and Health Insurance®, one of the largest issuers of life insurance and annuity products in the United States. The two companies launched Secure HorizonSM Indexed Universal Life Insurance (Secure Horizon IUL), a breakthrough life insurance product designed to provide death benefit protection alongside a suite of supplemental retirement benefits and strong accumulation potential.

    “The launch of Secure Horizon IUL represents the next evolution of our partnership with Annexus and our shared commitment to innovation,” said Jerry Blair, president of Sammons Life Insurance Group. “Together with Annexus, we are reimagining the untapped possibilities in life insurance product design.”

    Secure Horizon IUL features strong death benefit protection and accumulation potential through index options including the S&P PRISM®Index, the best-performing live smart beta index in the IUL industry since 2018,1 and the Research Affiliates®Global Multi-Asset Index, which provides diversified exposure to global stocks, bonds and commodities while using a proprietary risk management process to manage volatility. Both indices are available in 1-, 2- and 3-year strategy terms with participation rates as high as 410%. In addition, Secure Horizon IUL will feature an S&P 500®Index Trigger strategy and a Dual Trigger Strategy that provides the opportunity to credit interest in up, flat and even some down markets.

    “We are excited to launch Secure Horizon IUL, a new product that includes some truly innovative benefits designed to help protect against major risks in retirement,” said Ron Shurts, co-founder and CEO of Annexus. “This is the first time an IUL will offer a Longevity Benefit Base that can be used to provide guaranteed lifetime income, a benefit if social security is reduced, and an enhanced death benefit that could be greater than the policy’s death benefit.”

    The SecureStage Supplemental Benefits EndorsementSM (SecureStage) is automatically included on all Secure Horizon IUL policies. SecureStage is powered by an industry-first Longevity Benefit Base that grows by 150% of the net credited interest.2 The Longevity Benefit Base can be used for any of the following three benefits:

    • LifePay Income Benefit: provides a stream of guaranteed lifetime income clients cannot outlive
    • PlanGap®Benefit: the first solution within an IUL designed to help offset a potential future reduction in social security benefits3
    • Enhanced Death Benefit: a legacy benefit that may be greater than the death benefit offered under the policy payable over five years

    Secure Horizon IUL also offers living benefits through the Accelerated Death Benefit Endorsement, which enables policyowners to use a portion of the death benefit if diagnosed with a qualifying critical, chronic or terminal illness.4, 5 Together these supplemental benefits can help address six of the major risks clients face in retirement.

    Advisors, Registered Investment Advisors (RIAs), and insurance professionals seeking access to this product should contact their Annexus-affiliated Independent Distribution Company. If you are a consumer interested in learning about Secure Horizon IUL, ask your financial professional for more information.

    About Annexus

    For nearly two decades, Annexus has developed market-leading fixed indexed annuities, registered indexed-linked annuities, and indexed universal life insurance products that help Americans grow and protect their retirement savings. The company has built strategic relationships with the industry’s top insurance carriers and some of the world’s largest investment banks. For more information, visit Annexus.

    About North American Company for Life and Health Insurance
    North American Company for Life and Health Insurance® is a member of Sammons® Financial Group, Inc. They offer a comprehensive portfolio of term and indexed universal life insurance products, as well as a wide variety of traditional fixed and fixed index annuities. Learn more about North American.

    1 Based on all 5% volatility control smart beta live performance indices in the Indexed Universal Life market as of 4/15/25. Index performance from 12/31/2017 – 12/31/2024.

    2 Net credited interest is any index credit and interest credit minus Index Credit and interest credit attributed to interest bonus on fixed interest participating loans.

    3 The PlanGap® Benefit is known as the Income Gap Benefit in the contract. The PlanGap® Benefit is not a replacement for Social Security benefits but provides a benefit designed to mitigate a reduction. For purposes of this Endorsement, reduction means a reduction in Social Security benefits due to a change implemented by the Social Security Administration or other federal law or regulation. It does not include reductions in your Social Security benefits based upon your actions (including any elections under Social Security or changes to your Social Security elections) or change in circumstances. PlanGap® is a registered trademark of PlanGap, LLC and is used pursuant to a license. The Benefit can be elected if the Income Gap Benefit Index is reduced by more than 3%. Limited to the insured’s policy age being between age 62 and 85 and waiting period of 10 years for issue ages 0-59, and 5 years for issue ages 60+.

    North American Company for Life and Health Insurance® is not affiliated with PlanGap® or the Social Security Administration. North American’s product(s) are not sponsored, endorsed, sold, or promoted by the Social Security Administration, and they make no representation regarding the advisability of purchasing of the product(s).

    4 Payment of accelerated death benefits paid under the endorsement is intended for favorable tax treatment under Section 101(g) of the Internal Revenue Code.

    5 Accelerated death benefits subject to eligibility requirements. An administrative fee may be required at the time of election. The death benefit will be reduced by the amount of the death benefit accelerated. Since benefits are paid prior to death, a discount will be applied to the death benefit accelerated. As a result, the actual amount received will be less than the amount of the death benefit accelerated.

    The “S&P 500®” and “S&P PRISM” (“the Indices”) are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and have been licensed for use by North American Company for Life and Health Insurance® (“the Company”). S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). It is not possible to invest directly in an index. The Company’s Product is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or any of their respective affiliates (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the Company’s Product or any member of the public regarding the advisability of investing in securities generally or in the Company’s Product particularly or the ability of the Indices to track general market performance. Past performance of an index is not an indication or guarantee of future results. S&P Dow Jones Indices’ only relationship to the Company with respect to the Indices is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The Indices are determined, composed and calculated by S&P Dow Jones Indices without regard to the Company or the Company’s Product. S&P Dow Jones Indices has no obligation to take the needs of the Company or the owners of the Company’s Product into consideration in determining, composing or calculating the Indices. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the Company’s Product. There is no assurance that investment products based on the Indices will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment adviser, commodity trading advisory, commodity pool operator, broker dealer, fiduciary, “promoter” (as defined in the Investment Company Act of 1940, as amended), “expert” as enumerated within 15 U.S.C. § 77k(a) or tax advisor. Inclusion of a security, commodity, crypto currency or other asset within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency or other asset, nor is it considered to be investment advice or commodity trading advice.

    S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDICES OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE COMPANY, OWNERS OF THE COMPANY’S PRODUCT, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDICES OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. S&P DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY PORTION OF, NOR DOES S&P DOW JONES INDICES HAVE ANY CONTROL OVER, THE COMPANY’S PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR OTHER OFFERING MATERIALS. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE COMPANY, OTHER THAN THE LICENSORS OF S&P DOWJONES INDICES.

    The Research Affiliates® Global Multi-Asset Index (the “Index”) is a service mark of RAFI Indices, LLC or its affiliates (collectively, “RAFI”) and has been licensed for certain use by North American Company for Life and Health Insurance® (“the Company”). The intellectual and other property rights to the Index are owned by or licensed to RAFI. Use and distribution of the Index or any included data and RAFI’s service marks requires RAFI’s written permission. This IUL (the “Product”) is not sponsored, endorsed, sold or promoted by RAFI or any of its third-party service providers or suppliers including data licensors and index calculators (“RAFI and its suppliers”).

    The Index is an excess return index and does not allocate to any interest-bearing cash rate allocations. Because of this, an excess return version of an index will have lower performance than a total return version of the same index would, especially in high interest rate environments.

    Past performance of an index is not an indicator of or a guarantee of future results. Hypothetical and simulated examples have inherent limitations and are generally prepared with the benefit of hindsight. There are often differences between simulated results and the actual results. There are numerous factors related to the markets in general or the implementation of any specific investment strategy, which cannot be fully accounted for in the preparation of simulated results and all of which can adversely affect actual results. RAFI and its suppliers make no representations or warranties regarding the advisability of investing in the Product or the ability of the Index to provide any particular market performance. RAFI is not acting as an investment adviser to you and has no fiduciary duties to you in connection with the Index or the Product. RAFI and its suppliers are not responsible for and have not participated in the (i) development, marketing, issuance or management of the Product, (ii) the determination of the timing of, prices, at or quantities of the Product to be issued, or (iii) calculation of the equation by which the Product is redeemable.

    RAFI and its suppliers have no obligation or liability to the owners of the Product and any decision to purchase or invest in the Product is at your own risk. RAFI and its suppliers obtain information from sources they consider reliable but do not guarantee the accuracy, completeness or completeness of the Index or any data included therein, all of which are provided on an “as is” basis.

    RAFI and its suppliers make no warranty as to the results that may be obtained by the Company, the Company’s customers and counterparties, owners of the Product or anyone else from the use of the Index or included data as licensed or for any other use. RAFI and its suppliers disclaim all warranties and representations, including any warranties of merchantability or fitness for a particular purpose or use, with respect to the Index or any included data. In no event will RAFI or its suppliers be liable for any damages, including direct, indirect, special, punitive and consequential damages (including lost profits), even if notified of the possibility of such damages.

    The term financial professional is not intended to imply engagement in an advisory business in which compensation is not related to sales. Financial professionals that are insurance licensed will be paid a commission on the sale of an insurance product.

    Secure Horizon IUL is issued on form P100/ICC22P100 (policy), E100/ICC22E100, E101/ICC22E101, E103/ICC22E103, E104/ICC22E104, E105/ICC22E105, E109/ICC22E109, E110/ICC22E110, E111/ICC22E111, E115/ICC24E115, E117, R100/ICC23R100, R101/ICC23R101, R102/ICC23R102, R103/ICC23R103, R106/ICC22R106, (riders/endorsements) or appropriate state variation by North American Company for Life and Health Insurance®, West Des Moines, IA. Products, features, endorsements, riders or issue ages may not be available in all states. Limitations or restrictions may apply.

    Sammons Financial® is the marketing name for Sammons® Financial Group, Inc.’s member companies, including North American Company for Life and Health Insurance®. Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, North American Company for Life and Health Insurance.

    The MIL Network –

    May 27, 2025
  • MIL-OSI: Non-Mortgage Delinquencies Reach Levels Not Seen Since 2009

    Source: GlobeNewswire (MIL-OSI)

    – 1.4 million people in Canada missed a credit payment as refinancing and renewals dominate the Q1 Mortgage market –

    Equifax Canada Market Pulse Quarterly Consumer Credit Trends and Insights

    TORONTO, May 27, 2025 (GLOBE NEWSWIRE) — Economic uncertainty continued to impact credit usage and consumer financial health across Canada during the first quarter of 2025 according to Equifax® Canada’s latest Market Pulse Consumer Credit Trends and Insights. Total consumer debt in Canada was $2.55T at the end of Q1, up four per cent year over year, but down more than $6B from the end of 2024. Average non-mortgage debt per consumer rose to $21,859 in Q1 2025, primarily driven by a strong auto loan market as buyers looked to lock in purchases before anticipated price hikes.

    “We often observe seasonal changes in credit usage during the first quarter. Generally speaking in the spring, we tend to see mortgage debt rising, however for Q1 2025 we saw mortgage debt levels fall compared to last quarter,” said Rebecca Oakes, Vice President of Advanced Analytics at Equifax Canada.” Despite a slowdown in demand for non-mortgage debt, overall balances remained fairly flat, an indication that consumer payment levels may be falling.”

    Card spending slows but balances continue to rise
    After experiencing high numbers for new credit card openings in 2023 and 2024, the first quarter of 2025 saw a 10.3 per cent decline in new card originations. Consumers that have lower credit scores accounted for an increase in new card openings, potentially indicating heightened credit reliance and financial strain in this consumer group.

    Average monthly credit card spend1 per card holder fell by $107 dollars during Q1, dropping to the lowest level since March 2022. Ontario, British Columbia, Prince Edward Island, Nova Scotia and Yukon saw the biggest pull back in spending, dropping between six and seven per cent compared to the prior year.

    “A drop in credit card spending when combined with increased payment amounts can imply improving financial conditions of consumers,” said Oakes. “Our data shows card payment levels, especially for younger consumers, are starting to fall, indicating this spending slowdown is likely driven more by consumers trying to be prudent rather than switching from credit to debit for financing.”

    The average credit card pay rate2 decreased to 52.9 per cent in Q1, down 32 basis points. Notably, younger consumers (under 35 years old) showed a more dramatic shift, with their average pay rate falling 392 basis points from 62.9 per cent to 58.9 per cent. This same group also exhibited the greatest increase in the level of minimum payers, rising 25 basis points year-over-year.

    Mortgage growth driven primarily by renewals and refinancing
    New mortgage originations jumped 57.7 per cent year-over-year in Q1 2025, but much of this activity stemmed from renewals and refinancing. This reflects the onset of the so-called “Great Renewal,” as a wave of pandemic-era mortgages come up for renewal.

    Renewal and refinancing activity surged, particularly in Ontario, Alberta, and B.C., with an estimated 28 per cent of mortgages switching lenders as Canadians shop around and seek better rates. Almost half of those switching (46 per cent) moved between the “Big Five” banks, reflecting intense competition among major lenders.

    “The shift in the mortgage market is clear – this is currently about existing homeowners navigating a complex refinancing environment,” added Oakes. “But even as some find relief, affordability challenges haven’t eased for everyone.”

    First-time homebuyers returned to the market, with activity up 40 per cent from Q1 2024. Affordability remained a hurdle and while average monthly payments dropped by 7.8 per cent to $2,300, the average loan size increased by 7.5 per cent year-over-year.

    Debt divide deepens as missed payments rise for some
    While some consumers showed signs of prudence in their spending choices during the first quarter, missed payments continued to rise across most credit products. In total, more than 1.4 million consumers (1 in 22) missed at least one credit payment during the quarter.

    Although mortgage holders experienced some stabilization thanks to steady interest rates, financial strain remained acute for non-mortgage consumers. Consumer level delinquency rates among non-mortgage holders rose 8.9 per cent year-over-year, compared to 6.5 per cent for mortgage holders. Younger Canadians were hit hardest, with the 18–25 age group experiencing a 15.1 per cent increase in delinquency rates.

    Ontario consumers under stress
    Ontario continued to remain a hotspot for financial stress in Canada, experiencing the most pronounced increase in delinquency rates across all credit products. Ontario’s 90+ day mortgage delinquency rate rose to 0.24 per cent, a substantial 71.5 per cent increase since Q1 2024. British Columbia followed with a notable rise of 33.3 per cent, reaching 0.18 per cent, while the rest of Canada (excluding these two provinces) showed a comparatively modest increase of 3.3 per cent, reaching an average of 0.19 per cent overall.

    Ontario also led the rise in non-mortgage delinquencies, up 24 per cent year-over-year, followed by Alberta at 15.9 per cent and Quebec at 13.9 per cent.

    Significant increases for younger consumers and auto loans
    The highest credit card 90+ day delinquency rates were observed among younger consumers under the age of 26, at 5.38 per cent, a significant 21.7 per cent increase year-over-year for this group. Overall, this rate stood at 3.76 per cent, marking a 15.8 per cent increase.

    Auto loans followed a similar trend, with the delinquency rate for younger consumers rising by 30 per cent to 1.95 per cent, compared to an overall rate of 1.08 per cent, which represented a 15.3 per cent increase.

    “We’re observing positive shifts in consumer behaviour, with reduced credit card usage and early signs of delinquency stabilization for some consumers. However, headwinds will likely persist, such as rising unemployment and rising food prices, in already strained regions,” concluded Oakes.

    Age Group Analysis – Debt & Delinquency Rates (excluding mortgages)

      Average
    Debt
    (Q1 2025)
    Average Debt Change
    Year-over-Year
    (Q1 2025 vs. Q1 2024)
    Delinquency Rate ($)
    (Q1 2025)
    Delinquency Rate ($) Change
    Year-over-Year
    (Q1 2025 vs. Q1 2024)
    18-25 $8,459 4.63% 2.17% 20.06%
    26-35 $17,394 1.14% 2.37% 21.04%
    36-45 $26,873 1.57% 1.91% 21.20%
    46-55 $34,371 2.94% 1.38% 17.53%
    56-65 $28,780 5.25% 1.15% 13.25%
    65+ $14,596 3.57% 1.13% 3.93%
    Canada $21,859 2.74% 1.60% 17.06%
             

    Major City Analysis – Debt & Delinquency Rates (excluding mortgages)

    City Average
    Debt
    (Q1 2025)
    Average Debt Change
    Year-over-Year
    (Q1 2025 vs. Q1 2024)
    Delinquency Rate ($)
    (Q1 2025)
    Delinquency Rate ($) Change
    Year-over-Year
    (Q1 2025 vs. Q1 2024)
    Calgary $23,922 1.11% 1.71% 14.25%
    Edmonton $23,547 -0.03 2.26% 18.29%
    Halifax $21,263 1.86% 1.56% 15.13%
    Montreal $16,971 2.56% 1.49% 18.52%
    Ottawa $19,501 1.16% 1.52% 22.03%
    Toronto $21,048 3.46% 2.17% 24.28%
    Vancouver $23,304 3.93% 1.28% 14.27%
    St. John’s $23,872 1.41% 1.49% 1.19%
    Fort McMurray $37,269 0.81% 2.56% 18.37%
             

    Province Analysis – Debt & Delinquency Rates (excluding mortgages)

    Province Average
    Debt
    (Q1 2025)
    Average Debt Change
    Year-over-Year
    (Q1 2025 vs. Q1 2024)
    Delinquency Rate ($)
    (Q1 2025)
    Delinquency Rate ($) Change
    Year-over-Year
    (Q1 2025 vs. Q1 2024)
    Ontario $22,543 3.08% 1.73% 24.00%
    Quebec $18,985 2.28% 1.12% 13.95%
    Nova Scotia $21,296 2.62% 1.68% 5.72%
    New Brunswick $21,490 2.82% 1.77% 9.18%
    PEI $23,707 4.09% 1.19% 8.21%
    Newfoundland $24,770 4.02% 1.56% 0.48%
    Eastern Region $22,218 3.09% 1.65% 5.74%
    Alberta $24,398 1.00% 1.97% 15.93%
    Manitoba $18,171 3.68% 1.72% 2.04%
    Saskatchewan $23,194 2.82% 1.82% 6.24%
    British Columbia $22,631 3.33% 1.40% 12.63%
    Western Region $22,878 2.44% 1.69% 12.49%
    Canada $21,859 2.74% 1.60% 17.06%
             

    * Based on Equifax data for Q1 2025

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

    Contact:

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

    Angie Andich
    Equifax Canada Media Relations
    MediaRelationsCanada@equifax.com


    1 average spend comparisons have been adjusted for inflation
    2 pay rate = payments / last months balance

    The MIL Network –

    May 27, 2025
  • MIL-OSI: Bitget Expands into Real-World Assets with BGUSD, Offering Daily Yields and High Liquidity

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 27, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of BGUSD, a yield-bearing stable asset certificate designed to enhance capital efficiency and provide passive income opportunities for users worldwide. BGUSD is fully integrated into the platform’s trading and wealth management infrastructure, offering a multifaceted utility layer backed by real-world assets. BGUSD is redeemable for USDC at a 1:1 ratio and can be subscribed using USDC or USDT. Holding BGUSD provides users with an annualized yield starting at 4%, credited daily to their spot accounts based on their minimum daily balance. For the first 30 days following launch, a promotional APY of 5% will apply.

    The asset derives its yield from a diversified basket of tier 1 tokenized real-world assets, including high-grade money market funds and tokenized US Treasury products. This disciplined yield structure is supported by a diversified asset allocation, institutional-grade infrastructure, and partnerships with multiple leading tokenization service providers, including Superstate (via their tokenized treasury fund USTB).

    “At Bitget, our mission has always been to prioritize our users’ needs — whether they come from the crypto-native community, institutional circles, or traditional finance. With BGUSD, we are delivering a solution that bridges the best of both worlds: the transparency and innovation of crypto with the stability and yield opportunities traditionally found in real-world assets. We’ve built BGUSD to unlock passive income and make yield generation as seamless as holding a stablecoin. This launch is a new step in how we connect traditional finance’s strengths with the agility of Web3 — and it’s just the beginning,” said Gracy Chen, CEO at Bitget.

    This structure positions BGUSD as a secure, yield-generating alternative within the platform, minimizing exposure to crypto market volatility while maintaining full liquidity through redemption options. Users can opt for instant redemptions, fulfilled from Bitget’s reserve pool, or standard redemptions with settlement within three business days. Subscription and redemption fees are fixed at 0.1%.

    More than a tool for preservation, BGUSD is built for active deployment and fully supports Bitget’s broader ecosystem. It can be used as lending collaterals, futures margin, Launchpool, and PoolX. The asset’s full-scenario usability contributes to enhanced capital retention and supports platform-level strategies aimed at generating stable, risk-adjusted returns. Through self-managed allocation and collaborations with reputable financial institutions, the product ensures diversification and mitigates concentration risk. By bridging traditional finance instruments with on-chain accessibility, BGUSD delivers a resilient solution in contrast to existing offerings, combining stable returns with full transparency.

    For more information on BGUSD, visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

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

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/179b25fe-1d19-467b-a3b2-bae3d42a37df

    The MIL Network –

    May 27, 2025
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