Category: Ukraine

  • MIL-OSI United Nations: Salvaging SDGs still possible, but countries must act now: Guterres

    Source: United Nations 4

    Addressing ministers at UN Headquarters in New York, he called for urgent action to rescue lagging Sustainable Development Goals (SDGs) amid war, inequality and fiscal strain.

    Transformation is not only necessary – it is possible,” he declared, highlighting landmark commitments adopted in recent months: the Pandemic Agreement at the World Health Assembly in Geneva, pledges to expand marine protected areas at the third UN Ocean Conference in Nice, and the new vision for global finance agreed in Sevilla at the fourth International Financing for Development Conference.

    These are not isolated wins, they are signs of momentum and signs that multilateralism can deliver.

    The remarks opened the ministerial segment of the High-level Political Forum on Sustainable Development (HLPF), the UN’s central platform for reviewing the 2030 Agenda and its 17 SDGs.

    Get back on track

    Mr. Guterres warned that the world remains far off track to meet the 2030 targets.

    “Only 35 per cent of SDG targets are on track or making moderate progress. Nearly half are moving too slowly. And 18 per cent are going backwards,” he said.

    He urged governments to act with urgency and ambition.

    The Sustainable Development Goals are not a dream. They are a plan – a plan to keep our promises to the most vulnerable people, to each other, and to future generations.

    Citing gains since 2015, including expanded social protection, declining child marriage and growing women’s representation, he said the SDGs remain “within reach” if world leaders channel resources and political will.

    The Secretary-General also linked development and peace, noting ongoing violence in Gaza, Sudan, Myanmar, Ukraine and elsewhere.

    At every step, we know sustainable peace requires sustainable development,” he said, calling for immediate ceasefires and renewed commitment to diplomacy.

    UN Photo/Loey Felipe

    ECOSOC President Bob Rae addresses the ministerial segment of the HLPF.

    Double down on multilateralism

    Bob Rae, President of the Economic and Social Council, echoed the Secretary‑General’s call, warning that global disruption – from climate change to economic disarray – requires deeper solidarity.

    The SDGs are not optional ideals, but rather essential commitments,” he said.

    Now is not the time for us to abandon our ideals…it is now actually the time to double down on our multilateral obligations to one another.”

    Mr. Rae cautioned that shrinking national budgets and rising nationalist politics are undermining progress but insisted that “multilateralism delivers real, tangible benefits for people at every level of society.”

    He called for closer partnerships with civil society, local governments, and the private sector, stressing that SDGs must be “integrated into budgets and policies around the world, not as at odds, but as the core of how governments should serve their people.”

    Match ambition and delivery

    Philémon Yang, President of the General Assembly, emphasized aligning political commitments with concrete action.

    He praised the Compromiso de Sevilla and last year’s Pact for the Future, which aim to reform global financial systems, scale up climate finance, and strengthen international tax cooperation.

    The gap between ambition and delivery can only be closed through solidarity, resources and political will,” he said.

    “The deadlines for the 2030 Agenda are fast approaching,” he warned. “Whether we like it or not. And while progress is lagging, we have the tools and ambition to deliver.”

    Accountability and partnership

    The HLPF, established at the landmark Rio+20 UN Conference on Sustainable Development in 2012, serves as the primary UN platform for monitoring SDG progress, including through Voluntary National Reviews (VNRs).

    This year’s forum, convened under the auspices of the ECOSOC, runs until 23 July with a focus on five goals: health, gender equality, decent work, life below water, and global partnerships.

    More than 150 countries have presented VNRs – with 36 reporting this year – showcasing national efforts and challenges in implementing the 2030 Agenda.

    Mr. Guterres praised the reviews as “acts of accountability” and “templates for other countries to follow and learn from.”

    With just five years left to meet the global goals, he urged ministers to “transform these sparks of transformation into a blaze of progress – for all countries.

    MIL OSI United Nations News

  • Russia and Ukraine edge closer to first talks in seven weeks

    Source: Government of India

    Source: Government of India (4)

    Russia and Ukraine appear close to agreeing to hold a new round of peace talks in Turkey this week, although the Kremlin said on Monday that the two sides held “diametrically opposed” positions on how to end the war.

    Two days after Ukraine called for new talks in Istanbul this week, Russian state news agency TASS quoted an unidentified source as saying that negotiators – who have not sat down together for seven weeks – may meet there on Thursday and Friday.

    Ukrainian President Volodymyr Zelenskiy told a gathering of his diplomats in Kyiv: “We need greater momentum in negotiations to end the war.”

    He added: “The agenda from our side is clear: the return of prisoners of war, the return of children abducted by Russia, and the preparation of a leaders’ meeting.”

    Russian President Vladimir Putin, who is under increasing pressure from U.S. President Donald Trump to show progress towards ending the conflict, turned down a previous challenge from Zelenskiy to meet him in person.

    Putin has repeatedly said he does not see Zelenskiy as a legitimate leader because Ukraine, which is under martial law, did not hold new elections when his five-year mandate expired last year.

    Kremlin spokesman Dmitry Peskov said that as soon as there was a definitive understanding of the date for the next round of talks, then Moscow would announce it.

    “There is our draft memorandum, there is a draft memorandum that has been handed over by the Ukrainian side. There is to be an exchange of views and talks on these two drafts, which are diametrically opposed so far,” Peskov said.

    Ukraine and Russia have held two rounds of talks in Istanbul, on May 16 and June 2, that led to the exchange of thousands of prisoners of war and the remains of dead soldiers. But the two sides have made no breakthrough towards a ceasefire or a settlement to end almost three and a half years of war.

    Trump said last week he would impose new sanctions in 50 days on Russia and countries that buy its exports if there is no deal before then to end the conflict.

    -Reuters

  • MIL-OSI United Nations: Secretary-General’s remarks to the High-level Political Forum [bilingual as delivered, scroll down for all-English and all-French]

    Source: United Nations secretary general

    This year’s High-Level Political Forum arrives at a time of profound challenge – but also real possibility.

    Despite enormous headwinds, we have seen just in the last two months what can be achieved when countries come together with conviction and focus.

    We saw it in Geneva, where the World Health Assembly adopted the Pandemic Agreement — a vital step toward a safer, more equitable global health architecture.

    We saw it in Nice at the Third UN Ocean Conference, where governments committed to expand marine protected areas and tackle plastic pollution and illegal fishing.

    And we saw it in Sevilla at the Fourth International Financing for Development Conference, where countries agreed on a new vision for global finance — one that expands fiscal space, lowers the cost of capital, and ensures developing countries have a stronger voice and participation in the organizations that shape their future. 

    These are not isolated wins.

    They are signs of momentum.

    Signs that multilateralism can deliver.

    Signs that transformation is not only necessary — it is possible.

    And that is the spirit we bring to this High-Level Political Forum.

    Excellencies, ladies and gentlemen,

    This Forum is about renewing our common promise — to end poverty, protect the planet, and ensure prosperity for all.

    We also recognize the deep linkages between development and peace.

    We meet against the backdrop of global conflicts that are pushing the Sustainable Development Goals further out of reach.

    That’s why we must keep working for peace in the Middle East.

    Over the weekend in Gaza, we saw yet more mass shootings and killings of people seeking UN aid for their families – an atrocious and inhumane act which I utterly condemn.

    We need an immediate ceasefire in Gaza, the immediate release of all hostages, and unimpeded humanitarian access as a first step to achieve the two-State solution.

    We need the ceasefire between Iran and Israel to hold.

    We need a just and lasting peace in Ukraine based on the UN Charter, international law and UN resolutions. 

    We need an end to the horror and bloodshed in Sudan.

    And the list goes on, from the DRC to Somalia, from the Sahel to Myanmar.

    At every step, we know sustainable peace requires sustainable development.

    The Sustainable Development Goals are not a dream.

    They are a plan.

    A plan to keep our promises — to the most vulnerable people, to each other, and to future generations.

    People win when we channel our energy into development.

    Since 2015, millions more people have access to electricity, clean cooking, and the internet.

    Social protection now reaches over half the world’s population — up from just a quarter a decade ago.

    More girls are completing school.

    Child marriage is declining.

    Women’s representation is growing — from the boardrooms of business to the halls of political power.  

    But we must face a tough reality:

    Only 35 per cent of SDG targets are on track or making moderate progress.

    Nearly half are moving too slowly.

    And 18 per cent are going backwards.

    Meanwhile, the global economy is slowing.

    Trade tensions are rising.

    Inequalities are growing.

    Aid budgets are being decimated while military spending soars.

    And mistrust, division and outright conflicts are placing the international problem-solving system under unprecedented strain.

    We cannot sugarcoat these facts. But we must not surrender to them either.

    The SDGs are still within reach — if we act with urgency and ambition.

    This year’s Forum focuses on five critical Goals: health, gender equality, decent work, life below water, and global partnerships.

    All are essential. All are interconnected. All can spur change across other goals.

    On health, COVID-19 exposed and deepened inequalities – and today, far too many people still lack access to basic care.
    We know what works.

    We must boost investment in universal health coverage, rooted in strong primary care and prevention, reaching those furthest behind first.

    On gender equality, gaps remain wide.

    Women and girls face systemic barriers — from violence and discrimination to unpaid care and limited political voice.

    But we also see growing momentum: from grassroots movements to national reforms.

    Now is the time to turn that momentum into transformation — with rights-based policies, accountability, and real financing into programmes that support inclusion and equality for women and girls.

    On decent work, the global economy is leaving billions behind.

    Over 2 billion people are in informal jobs. Youth unemployment is stubbornly high.

    But we have tools to change this.

    The Global Accelerator on Jobs and Social Protection is helping countries invest in expanded social protection initiatives, skills training, and the creation of sustainable livelihoods — including in growing industries like clean energy.

    Tomorrow, I will deliver an address on the enormous opportunities of the renewables revolution.

    The upcoming World Summit on Social Development can help spur further progress.

    Excellencies, ladies and gentlemen,

    On life below water, our ocean and the communities that count on it are paying the price of overfishing, pollution, and climate change.

    We must deliver on the commitments of the Nice Ocean Conference — to protect marine ecosystems and support the millions who depend on them.

    And, finally, on global partnerships — SDG 17 — we need to strengthen all the elements that can support progress.

    This means investing in science, data, and local capacity.

    And harnessing digital innovation — including artificial intelligence — to accelerate progress, not deepen divides.

    Throughout, we must recognize the need to reform the unfair global financial system, which no longer represents today’s world or the challenges faced by developing countries.

    We must ensure a reform for developing countries to have a stronger voice and greater participation to help advance the Sustainable Development Goals on the ground.

    The Sevilla Commitment that emerged from the Conference on Financing for Development includes important steps: 

    Through new domestic and global commitments that can channel public and private finance to the areas of greatest need.

    By increasing the capacity of governments to substantially mobilize domestic resources, including through tax reform.

    And by establishing a more effective framework for debt relief and tripling the lending capacity of multilateral development banks to the benefit of developing countries. 

    Excellences,

    Au cours de l’année à venir, nous devons continuer à construire.

    Nous devons renforcer et élargir les partenariats qui portent leurs fruits – y compris avec le secteur privé et les organisations de la société civile et les pouvoirs locaux. 

    Nous devons faire en sorte que chaque décision s’inscrive dans une réflexion à long terme, comme nous nous y sommes engagés dans la Déclaration sur les générations futures.

    Et nous devons continuer d’apprendre les uns des autres.

    Les Examens nationaux volontaires, qui constituent la clé de voûte de ce forum, sont bien plus que de simples rapports.

    Ce sont des actes de responsabilité.

    Ce sont de véritables parcours d’introspection, que les pays suivent à mesure qu’ils se développent et se construisent.

    Et ce sont des modèles que les autres pays peuvent suivre et dont ils peuvent s’inspirer.

    À la fin de ce forum politique de haut niveau pour le développement durable, nous aurons dépassé les 400 examens, et plus de 150 pays en auront présenté plus d’un.

    Il s’agit là d’un signal fort d’engagement.

    Une preuve indéniable que des solutions existent et qu’elles peuvent être reproduites et étendues.

    À cinq ans de l’échéance, le temps est venu de convertir ces prémices de transformation en un puissant élan de progrès – qui bénéficie à tous les pays.

    Agissons avec détermination, justice et vision.

    Et concrétisons le développement – pour les personnes et pour la planète.

    Je vous remercie.

    ****
    [all-English]

    This year’s High-Level Political Forum arrives at a time of profound challenge – but also real possibility.

    Despite enormous headwinds, we have seen just in the last two months what can be achieved when countries come together with conviction and focus.

    We saw it in Geneva, where the World Health Assembly adopted the Pandemic Agreement — a vital step toward a safer, more equitable global health architecture.

    We saw it in Nice at the Third UN Ocean Conference, where governments committed to expand marine protected areas and tackle plastic pollution and illegal fishing.

    And we saw it in Sevilla at the Fourth International Financing for Development Conference, where countries agreed on a new vision for global finance — one that expands fiscal space, lowers the cost of capital, and ensures developing countries have a stronger voice and participation in the organizations that shape their future.

    These are not isolated wins.

    They are signs of momentum.

    Signs that multilateralism can deliver.

    Signs that transformation is not only necessary — it is possible.

    And that is the spirit we bring to this High-Level Political Forum.

    Excellencies, ladies and gentlemen,

    This Forum is about renewing our common promise — to end poverty, protect the planet, and ensure prosperity for all.

    We also recognize the deep linkages between development and peace.

    We meet against the backdrop of global conflicts that are pushing the Sustainable Development Goals further out of reach.

    That’s why we must keep working for peace in the Middle East.
    Over the weekend in Gaza, we saw yet more mass shootings and killings of people seeking UN aid for their families – an atrocious and inhumane act which I utterly condemn.

    We need an immediate ceasefire in Gaza, the immediate release of all hostages, and unimpeded humanitarian access as a first step to achieve the two-State solution.

    We need the ceasefire between Iran and Israel to hold.

    We need a just and lasting peace in Ukraine based on the UN Charter, international law and UN resolutions. 

    We need an end to the horror and bloodshed in Sudan.

    And the list goes on, from the DRC to Somalia, from the Sahel to Myanmar.

    At every step, we know sustainable peace requires sustainable development.

    The Sustainable Development Goals are not a dream.

    They are a plan.

    A plan to keep our promises — to the most vulnerable people, to each other, and to future generations.

    People win when we channel our energy into development.

    Since 2015, millions more people have access to electricity, clean cooking, and the internet.
    Social protection now reaches over half the world’s population — up from just a quarter a decade ago.

    More girls are completing school.

    Child marriage is declining.

    Women’s representation is growing — from the boardrooms of business to the halls of political power.  

    But we must face a tough reality:

    Only 35 per cent of SDG targets are on track or making moderate progress.

    Nearly half are moving too slowly.

    And 18 per cent are going backwards.

    Meanwhile, the global economy is slowing.
    Trade tensions are rising.

    Inequalities are growing.

    Aid budgets are being decimated while military spending soars.

    And mistrust, division and outright conflicts are placing the international problem-solving system under unprecedented strain.

    We cannot sugarcoat these facts. But we must not surrender to them either.

    The SDGs are still within reach — if we act with urgency and ambition.

    This year’s Forum focuses on five critical Goals: health, gender equality, decent work, life below water, and global partnerships.

    All are essential. All are interconnected. All can spur change across other goals.

    On health, COVID-19 exposed and deepened inequalities – and today, far too many people still lack access to basic care.
    We know what works.

    We must boost investment in universal health coverage, rooted in strong primary care and prevention, reaching those furthest behind first.

    On gender equality, gaps remain wide.

    Women and girls face systemic barriers — from violence and discrimination to unpaid care and limited political voice.

    But we also see growing momentum: from grassroots movements to national reforms.

    Now is the time to turn that momentum into transformation — with rights-based policies, accountability, and real financing into programmes that support inclusion and equality for women and girls.

    On decent work, the global economy is leaving billions behind.

    Over 2 billion people are in informal jobs. Youth unemployment is stubbornly high.

    But we have tools to change this.

    The Global Accelerator on Jobs and Social Protection is helping countries invest in expanded social protection initiatives, skills training, and the creation of sustainable livelihoods — including in growing industries like clean energy.

    Tomorrow, I will deliver an address on the enormous opportunities of the renewables revolution.

    The upcoming World Summit on Social Development can help spur further progress.

    Excellencies, ladies and gentlemen,

    On life below water, our ocean and the communities that count on it are paying the price of overfishing, pollution, and climate change.

    We must deliver on the commitments of the Nice Ocean Conference — to protect marine ecosystems and support the millions who depend on them.

    And, finally, on global partnerships — SDG 17 — we need to strengthen all the elements that can support progress.

    This means investing in science, data, and local capacity.

    And harnessing digital innovation — including artificial intelligence — to accelerate progress, not deepen divides.

    Throughout, we must recognize the need to reform the unfair global financial system, which no longer represents today’s world or the challenges faced by developing countries.

    We must ensure a reform for developing countries to have a stronger voice and greater participation to help advance the Sustainable Development Goals on the ground.

    The Sevilla Commitment that emerged from the Conference on Financing for Development includes important steps: 

    Through new domestic and global commitments that can channel public and private finance to the areas of greatest need.

    By increasing the capacity of governments to substantially mobilize domestic resources, including through tax reform.

    And by establishing a more effective framework for debt relief and tripling the lending capacity of multilateral development banks to the benefit of developing countries. 

    Excellencies,

    In the coming year, we must keep building.

    We must strengthen and scale up partnerships that deliver — including with the private sector and civil society organizations and local authorities. 

    We must embed long-term thinking into every decision, as we committed in the Declaration on Future Generations.

    And we must continue to learn from each other.

    Voluntary National Reviews — the backbone of this Forum — are more than reports.

    They are acts of accountability.

    They are journeys of self-discovery as countries develop and build. 

    And they are templates for other countries to follow and learn from.

    By the end of this HLPF, we will have surpassed 400 reviews — with over 150 countries presenting more than once.

    That is a powerful signal of commitment.

    A clear demonstration that solutions exist and can be replicated and expanded.

    With five years left, it’s time to transform these sparks of transformation into a blaze of progress — for all countries.

    Let us act with determination, justice and direction.

    And let’s deliver on development — for people and for planet. 

    Thank you.

    [all-French]

    Cette année, le forum politique de haut niveau pour le développement durable se tient à une période marquée par de profondes remises en question, mais également par de réelles perspectives.

    Malgré de très puissants vents contraires, nous avons vu, ces deux derniers mois, ce qu’il est possible d’accomplir lorsque les pays s’unissent avec conviction et détermination.

    Nous l’avons vu à Genève, où l’Assemblée mondiale de la Santé a adopté l’Accord sur les pandémies, étape essentielle vers l’établissement d’une architecture mondiale de la santé plus sûre et plus équitable.

    Nous l’avons vu à Nice lors de la troisième Conférence des Nations Unies sur l’océan, où les gouvernements se sont engagés à étendre les aires marines protégées et à lutter contre la pollution plastique et la pêche illicite.

    Nous l’avons vu à Séville lors de la quatrième Conférence internationale sur le financement du développement, où les pays se sont mis d’accord sur une nouvelle conception de ce que doit être le financement mondial : une conception qui donne une plus grande marge de manœuvre budgétaire, qui réduise le coût du capital et qui permette aux pays en développement de mieux se faire entendre et la participation aux organisations qui partagent leur avenir.

    Ce ne sont pas là que des victoires isolées.

    Ce sont des signes qu’une dynamique se crée.

    Des signes que le multilatéralisme peut fonctionner.

    Des signes que, mieux que nécessaire, la transformation est possible.

    Et c’est l’esprit dans lequel nous abordons ce forum politique de haut niveau.

    Excellences,
    Mesdames et Messieurs,

    Le but de cette édition du forum est de renouveler l’engagement que nous avons pris ensemble : celui d’éliminer la pauvreté, protéger la planète et garantir la prospérité pour tous et toutes.

    Et nous sommes bien conscients des liens étroits qui existent entre le développement et la paix.

    Nous nous réunissons aujourd’hui dans le contexte de conflits mondiaux qui mettent les objectifs de développement durable encore plus hors de portée.

    C’est pourquoi nous devons continuer d’œuvrer à la paix au Moyen-Orient.

    Au cours du week-end à Gaza, nous avons assisté à de nouvelles fusillades et à de nouveaux meurtres de personnes cherchant l’aide de l’ONU pour leurs familles – un acte atroce et inhumain que je condamne catégoriquement.

    La solution des deux États doit se réaliser, mais pour cela, à titre préliminaire, il nous faut un cessez-le-feu immédiat à Gaza, une libération immédiate de tous les otages et un accès humanitaire sans entrave.

    Le cessez-le-feu entre l’Iran et Israël doit tenir.

    Il nous faut une paix juste et durable en Ukraine – une paix fondée sur la Charte des Nations Unies, le droit international et les résolutions des organes des Nations Unies.

    L’horreur et le bain de sang doivent cesser au Soudan.

    Au Soudan comme en RDC, en Somalie, au Sahel ou au Myanmar – et la liste est encore longue.

    Et toujours, nous devons nous souvenir qu’il n’y a pas de paix durable sans développement durable.

    Les objectifs de développement durable ne sont pas qu’un idéal.

    Ils portent tout un projet.

    Un projet qui doit nous aider à tenir nos promesses : les promesses faites aux personnes les plus vulnérables, celles que nous nous sommes faites mutuellement et celles que nous avons faites aux générations futures.

    Tout le monde est gagnant lorsque nous appliquons notre énergie au développement.

    Depuis 2015, des millions de personnes supplémentaires ont accès à l’électricité, à des solutions de cuisson propre et à Internet.

    Plus de la moitié de la population mondiale bénéficie désormais de la protection sociale ; ce n’était le cas que d’un quart de la population il y a dix ans.

    Davantage de filles achèvent leur scolarité.

    Les mariages d’enfants sont en baisse.

    Les femmes sont de plus en plus représentées, que ce soit dans les conseils d’administration des entreprises ou dans les sphères du pouvoir politique.

    Pourtant, nous devons reconnaître une dure réalité :

    Seuls 35 % des cibles des objectifs de développement durable sont en voie d’être atteints, ou du moins, enregistrent des progrès modérés dans ce sens.

    Ces progrès sont trop lents pour près de la moitié des cibles.

    Et c’est un recul qui est enregistré pour 18 % d’entre elles.

    Pendant ce temps, l’économie mondiale ralentit.

    Les tensions commerciales s’accentuent.

    Les inégalités augmentent.

    Les budgets consacrés à l’aide sont amputés alors que les dépenses militaires explosent.

    Et, comme jamais, la défiance, les divisions et les conflits ouverts mettent le système international de règlement des problèmes à rude épreuve.

    Cette réalité ne peut être édulcorée, mais elle ne doit pas nous faire fléchir.

    Nous pouvons toujours atteindre les objectifs de développement durable, si nous agissons de toute urgence et avec ambition.

    Cette année, le forum porte sur cinq objectifs fondamentaux : la santé, l’égalité des sexes, le travail décent, la vie aquatique et les partenariats mondiaux.

    Tous sont essentiels. Tous sont interdépendants. Tous sont porteurs de changement dans des domaines relevant d’autres objectifs.

    En ce qui concerne la santé, la COVID-19 a révélé et aggravé les inégalités, et aujourd’hui, beaucoup trop de personnes n’ont toujours pas accès aux soins de base.

    Nous savons ce qui fonctionne.

    Nous devons intensifier les investissements en faveur d’une couverture sanitaire universelle fondée sur un système solide de soins primaires et de prévention, qui servirait en premier lieu les personnes les plus laissées-pour-compte.

    En ce qui concerne l’égalité des sexes, le fossé reste immense.

    Les femmes et les filles se heurtent à des obstacles systémiques, qui vont de la violence et de la discrimination aux travaux domestiques non rémunérés et à un manque de représentation sur la scène politique.

    Nous assistons toutefois également à l’amorce d’une nouvelle dynamique, dans les mouvements locaux, les réformes nationales.

    Le moment est venu de transformer cette dynamique en véritable transformation, en faisant en sorte que des politiques fondées sur les droits, des dispositifs de responsabilité effective et des financements concrets soient mis au service de programmes qui favorisent l’inclusion et l’égalité pour les femmes et les filles.

    En ce qui concerne le travail décent, des milliards de personnes ne profitent pas de l’économie mondiale.

    Elles sont plus de 2 milliards à occuper des emplois informels. Le chômage des jeunes est obstinément élevé.

    Mais nous disposons d’outils pour changer la donne.

    L’Accélérateur mondial pour l’emploi et la protection sociale aide les pays à investir dans des initiatives de protection sociale élargies, dans la formation professionnelle et dans la création de moyens de subsistance durables, notamment dans des secteurs en forte croissance tels que les énergies propres.

    Demain, je prononcerai un discours sur l’immense potentiel que recèle la révolution des énergies renouvelables.

    Le prochain Sommet mondial pour le développement social peut aussi contribuer à accélérer les progrès.

    Excellences, mesdames et messieurs

    En ce qui concerne la vie aquatique, notre océan et les populations qui en dépendent paient le prix de la surpêche, de la pollution et des changements climatiques.

    Nous devons honorer les engagements qui ont été pris lors de la Conférence de Nice sur l’océan, à savoir protéger les écosystèmes marins et soutenir les millions de personnes qui en sont tributaires.

    Enfin, en ce qui concerne les partenariats mondiaux (l’objectif de développement durable no 17), nous devons consolider tous les facteurs de progrès potentiels.

    Autrement dit, il faut investir dans la science, les données et les capacités locales.

    Et exploiter l’innovation numérique – notamment l’intelligence artificielle – pour accélérer le progrès, et non creuser la fracture.

    Ce faisant, nous devons tenir compte de la nécessité de réformer le système financier mondial : un système inéquitable qui n’est plus représentatif du monde d’aujourd’hui ni des problématiques auxquelles font face les pays en développement.

    Nous devons mettre en œuvre une réforme permettant aux pays en développement de mieux se faire entendre et de participer davantage à la réalisation des Objectifs de développement durable sur le terrain.

    L’Engagement de Séville, adopté à l’occasion de la Conférence sur le financement du développement, prévoit un certain nombre de mesures majeures vers :
     

    • de nouveaux engagements nationaux et mondiaux susceptibles de diriger les financements publics et privés vers les secteurs où les besoins sont les plus importants ;
    • un renforcement de la capacité des États à mobiliser des ressources nationales en grandes quantités, notamment au moyen d’une réforme fiscale ;
    • une réforme de l’architecture financière mondiale, visant à permettre aux pays en développement, qui comptent sur ce système pour mieux servir et soutenir leurs populations, de mieux se faire entendre et de participer davantage ;
    • l’établissement d’un cadre plus efficace pour l’allégement de la dette et le triplement des capacités de prêt des banques multilatérales de développement au profit des pays en développement.

    Excellences,

    Au cours de l’année à venir, nous devons continuer à construire.

    Nous devons renforcer et élargir les partenariats qui portent leurs fruits – y compris avec le secteur privé et les organisations de la société civile et les pouvoirs locaux.

    Nous devons faire en sorte que chaque décision s’inscrive dans une réflexion à long terme, comme nous nous y sommes engagés dans la Déclaration sur les générations futures.

    Et nous devons continuer d’apprendre les uns des autres.

    Les Examens nationaux volontaires, qui constituent la clé de voûte de ce forum, sont bien plus que de simples rapports.

    Ce sont des actes de responsabilité.

    Ce sont de véritables parcours d’introspection, que les pays suivent à mesure qu’ils se développent et se construisent.

    Et ce sont des modèles que les autres pays peuvent suivre et dont ils peuvent s’inspirer.

    À la fin de ce forum politique de haut niveau pour le développement durable, nous aurons dépassé les 400 examens, et plus de 150 pays en auront présenté plus d’un.

    Il s’agit là d’un signal fort d’engagement.

    Une preuve indéniable que des solutions existent et qu’elles peuvent être reproduites et étendues.

    À cinq ans de l’échéance, le temps est venu de convertir ces prémices de transformation en un puissant élan de progrès – qui bénéficie à tous les pays.

    Agissons avec détermination, justice et vision.

    Et concrétisons le développement – pour les personnes et pour la planète.

    Je vous remercie.

    MIL OSI United Nations News

  • MIL-OSI Canada: Defence Minister McGuinty participates in the 29th meeting of the Ukraine Defense Contact Group 

    Source: Government of Canada News

    July 21, 2025 – Ottawa, Ontario – National Defence / Canadian Armed Forces

    Today, the Honourable David McGuinty, Minister of National Defence, participated in the 29th Ukraine Defense Contact Group (UDCG) meeting, hosted by the United Kingdom and Germany. The meeting was held virtually and brought together representatives from more than 50 countries.

    During the meeting, Minister McGuinty announced that Canada will be donating an additional $20 million to support the Leopard 2 Maintenance and Repair facility in Poland. This donation comes from the Government of Canada’s 2025-26 investment for military assistance to Ukraine.

    Minister McGuinty also reaffirmed that Canada is providing an additional $2 billion in military assistance to Ukraine, highlighting Prime Minister Carney’s announcement last month at the 2025 G7 Leaders’ Summit. This brings Canada’s total commitment of military assistance to $6.5 billion since February 2022.

    The Minister also noted that the delivery of Armoured Combat Support Vehicles to the Polish logistics hub will begin in August 2025. Training is underway and the delivery of all 50 vehicles will be completed before the end of this year.

    Canada continues to work closely with Allies and partners to provide Ukraine with the comprehensive military aid that it needs as quickly as possible.

    MIL OSI Canada News

  • MIL-OSI United Kingdom: UK hammers Putin’s energy revenues with fresh sanctions

    Source: United Kingdom – Government Statements

    Press release

    UK hammers Putin’s energy revenues with fresh sanctions

    Fresh sanctions ramp up pressure on Russia’s critical oil industry and hit Putin’s creaking shadow fleet operation.  

    • UK announces 137 sanctions targeting Putin’s critical energy and oil sectors.  
    • New sanctions will disrupt the flow of oil money into Putin’s war chest and strand more of his beleaguered shadow fleet.  
    • Today’s action comes as the UK and EU lowered the Crude Oil Price Cap further disrupting the flow of oil money into Putin’s war chest.  

    The 137 targets strike at the heart of Russia’s energy sector, restricting Putin’s access to key oil revenues bankrolling his illegal war in Ukraine.  

    The new sanctions further crack down on Putin’s shadow fleet operations, targeting 135 oil tankers which form part of the fleet responsible for illicitly carrying $24 billion worth of cargo since the start of 2024.   

    Today’s action also tightens the net around those enabling Russia’s illicit shadow fleet oil trade, hitting INTERSHIPPING SERVICES LLC, responsible for registering shadow fleet vessels under the banner of the Gabonese flag, resulting in these vessels transporting up to $10 billion worth of goods on behalf of the Russian state per year. Sanctions also target LITASCO MIDDLE EAST DMCC, which is linked to Russian oil major Lukoil, for its ongoing role in moving large volumes of Russian oil on shadow fleet vessels.  

    Every attack we launch against Russia’s critical oil industry is another step towards securing a lasting peace in Ukraine, and a step towards security in the UK and beyond. Keeping the country safe is this government’s priority and is an integral part of the Prime Minister’s Plan for Change. 

    Foreign Secretary David Lammy said:   

    New sanctions will further dismantle Putin’s shadow fleet and drain Russia’s war chest of its critical oil revenues.  

    As Putin continues to stall and delay on serious peace talks, we will not stand idly by. We will continue to use the full might of our sanctions regime to ratchet up economic pressure at every turn and stand side by side with Ukraine.    

    This announcement further demonstrates the UK’s tough approach to those who continue to prop up Putin’s oil industry, enable his shadow fleet operation and aid and abet his illegal war in Ukraine.  

    To date western sanctions have resulted in Russia’s oil and gas revenues falling every year since 2022 – losing over a third of its value in three years. Sanctions and the cost of Putin’s barbaric war are causing the Russian economy to stall – with the wealth fund hollowed out, inflation rising and government spend on defence and security spiralling.  

    Today’s action comes as the UK and EU lowered the Crude Oil Price Cap disrupting the flow of oil money into Putin’s war chest and striking at the heart of his oil revenues.   

    Background   

    • A full list of today’s targets can be found here

    Updates to this page

    Published 21 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Russia and Ukraine’s ceasefire memoranda are diametrically opposed – Russian President’s press secretary

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    Moscow, July 21 /Xinhua/ — The delegations of Russia and Ukraine at the talks on the Ukrainian settlement have a lot of diplomatic work ahead of them, since the memorandums on a ceasefire proposed by the countries are diametrically opposed, Russian presidential press secretary Dmitry Peskov said on Monday.

    “There is our draft memorandum, there is a draft memorandum that was submitted by the Ukrainian side. There is an exchange of opinions and, in fact, negotiations on these two projects, which are currently absolutely diametrically opposed. Therefore, a lot of diplomatic work is ahead,” TASS quotes D. Peskov as saying.

    Commenting on media reports that a new round of talks between Russia and Ukraine could take place this week, he noted that the Kremlin would inform about this as soon as there is an understanding of the dates. “We are in favor of holding a third round. As soon as there is a final understanding of the dates, we will inform you immediately,” the Russian president’s press secretary assured. –0–

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

    .

    MIL OSI Russia News

  • MIL-OSI Security: NATO Secretary General highlights new opportunity for support at Ukraine Defence Contact Group meeting

    Source: NATO

    On Monday (21 July 2025) NATO Secretary General Mark Rutte took part in an online meeting of the Ukraine Defence Contact Group (UDCG). The meeting was hosted by the German Minister of Defence, Boris Pistorius, and the UK Defence Secretary, John Healey.

    Speaking to Defence Ministers who joined for the meeting, the Secretary General highlighted the initiative that he and US President Donald J Trump announced last week to boost support for Ukraine by opening additional US assets to Ukraine through investment by Allies in Europe and Canada. This new initiative is open-ended and has already seen numerous Allies express interest in contributing. It complements a range of other initiatives through which Allies support Ukraine and provides new access to US equipment and technology that Ukraine has requested for urgent delivery. This voluntary effort will be coordinated by NATO, given the experience and infrastructure the Alliance provides, including through its command in Wiesbaden, Germany – NATO Security Assistance and Training for Ukraine (NSATU) – that is already coordinating support for Ukraine and has logistical hubs in the eastern part of the Alliance. The UDCG will also continue to play a vital role.

    This initiative and others bring together the three key decisions made by leaders at the NATO Summit in The Hague just a few weeks ago: increasing defence investment, ramping up defence production, and supporting Ukraine. The aim of all Allied security assistance to Ukraine is to bring the conflict to a just and lasting end as quickly as possible.

    MIL Security OSI

  • MIL-OSI China: Russia makes group raids on Ukraine

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

    Russian forces launched an overnight group strike on Ukraine’s military-industrial complex and the infrastructure of military airfields, the Russian Defense Ministry said Monday.

    The raid involved long-range high-precision weapons launched from air, land and sea-based platforms, including “Kinzhal” air-launched hypersonic ballistic missiles and combat drones, the ministry said in a statement.

    Meanwhile, Russia’s air defense intercepted 74 Ukrainian drones overnight, including 23 in the Moscow Region, it added.

    Airports in Moscow introduced air restrictions in the early hours of Monday for flight safety reasons, which were subsequently lifted, according to Russia’s Federal Air Transport Agency.

    Downed drone debris caused a fire on the roof of the railway station in the village of Kamenolomni in the Rostov Region, and more than 50 trains were delayed, said Russian Railways.

    MIL OSI China News

  • MIL-OSI Submissions: BBC Verify largely factchecks international stories – what about UK politics?

    Source: The Conversation – UK – By Stephen Cushion, Professor, Cardiff School of Journalism, Media and Culture, Cardiff University

    In a world of fake news and disinformation, factchecking claims and the veracity of images has become an important part of impartial journalism. People invest their trust in information sources they believe are accurate.

    With this in mind, the BBC launched its Verify service in May 2023. Its more than 60 journalists routinely factcheck, verify videos, counter disinformation, analyse data and explain complex stories.

    Then in June 2025, the BBC launched Verify Live, a blog that tells audiences in real time what claims they are investigating and how they are being checked.

    At the Cardiff School of Journalism, Media and Culture at Cardiff University we have been monitoring BBC Verify since its launch. And we have systematically tracked the first month of BBC Verify Live from June 3-27 this year, examining all 244 blog posts as well as the hundreds of claims and sources that featured.

    We’ve found that the service places a heavy emphasis on foreign affairs. We argue that it could (and should) be used more to factcheck UK politics, enhancing the quality of the BBC’s impartiality journalism and serving the public service broadcaster’s domestic audiences.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    Our analysis found international stories made up 71% of all BBC Verify Live coverage. The coverage largely focused on verifying international conflicts and humanitarian crises, from the Middle East and Ukraine to the recent plane crash in India.

    This might reflect the large number of major international stories that occurred over the first month of BBC Verify Live’s launch. But the emphasis on foreign news was also evident in our analysis of the main BBC Verify service over the last 18 months. We monitored how much the factchecking service appeared on the BBC’s News at Ten, and found it was used more often in coverage of foreign affairs.

    One exception was during the 2024 general election campaign, when BBC Verify was used to challenge politicians’ claims, and scrutinise policies around migration and the economy. BBC Verify has also covered recent major political developments, like the budget and announcements of flagship government policy.

    The emphasis on covering international conflicts is consistent with its editorial mission to “analyse satellite imagery, investigate AI-generated content, factcheck claims and verify videos when news breaks”. BBC Verify regularly uses satellite mapping and geolocation data, which most newsrooms do not have at their disposal, to factcheck images and social media posts.

    However, the resources and expertise Verify has could also be used to more regularly factcheck false or misleading claims in domestic political issues. This could be important to building audience trust at a time when the BBC’s impartiality is regularly questioned, while helping people better understand political debates in the UK.

    Our past research with media users suggests they want journalists to be bolder and more transparent when assessing the credibility of politicians’ competing claims. BBC Verify is a logical tool to do this.

    Two years after it launched, Verify is considered one of the most trusted factchecking sources in the UK by the University of Oxford’s Reuters Institute for the Study of Journalism and the most used by media regulator Ofcom.

    BBC Verify has proved it can effectively use its resources and expertise to unpack and challenge domestic political claims – covering the spending review and party manifestos ahead of the 2024 general election. We have previously analysed how BBC Verify robustly challenged a misleading Conservative party claim about a future Labour government raising taxes during the election campaign.

    Interrogating real-time claims

    BBC Verify Live takes a variety of approaches to its analysis of real-time claims. We assessed all claims appearing in blogs throughout most of June 2025 and discovered that 22% were challenged to some extent (found to be inaccurate), while 23% were upheld (considered accurate) and 13% partially upheld.

    Meanwhile, 10% were still being verified at the time the blog was posted (but may have been upheld or challenged in subsequent coverage), and 12% had additional context added to them. One fifth of all claims were not subject to any clear judgement about their accuracy.

    BBC Verify Live most often used the UK or official foreign governments, and their militaries or agencies, as the main corroborating sources to factcheck claims, or the focus of the claim being investigated in some stories. These made up well over three quarters of sources in factchecking coverage. There was, comparatively, limited use of think tanks, policy institutes, nongovernmental organisations, experts, academics or eyewitnesses.

    Just over one in ten claims had additional context added to them (as opposed to verifying or challenging a claim). This was most often the case in blogs about domestic affairs and rival political claims.

    Given the recent cuts to the BBC’s World Service, Verify’s international news agenda will bolster the public service broadcaster’s worldwide profile and credibility. Yet, for BBC Verify to enhance impartiality and trust with domestic audiences, we would argue it should play a more prominent role in routine political reporting, not just during elections or high-profile stories.

    Stephen Cushion has received funding from the BBC Trust, Ofcom, AHRC, BA and ESRC.

    Nathan Ritchie 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. BBC Verify largely factchecks international stories – what about UK politics? – https://theconversation.com/bbc-verify-largely-factchecks-international-stories-what-about-uk-politics-260615

    MIL OSI

  • MIL-OSI Submissions: Congo and critical minerals: What are the costs of America’s peace?

    Source: The Conversation – Canada – By Evelyn Namakula Mayanja, Assistant Professor, Interdisciplinary Studies, Carleton University

    In March 2025, President Félix Tshisekedi of the Democratic Republic of Congo (DRC) offered the country’s critical mineral reserves to the United States and Europe in exchange for security and stability.

    At the time, the March 23 (M23) militia insurgency was unleashing violence: killing civilians, committing sexual violence, displacing communities and looting mineral resources. Since 1996, eastern Congo has been engulfed in wars and armed conflicts driven by regional powers and more than 120 armed groups.

    The U.S.-brokered peace agreement between Rwanda and the DRC raises critical questions: Is this a genuine path to sustainable peace, or a continuation of U.S. President Donald Trump’s strategy to secure access to critical minerals through coercive diplomacy?




    Read more:
    4 things every peace agreement needs – and how the DRC-Rwanda deal measures up


    Global arms race for critical minerals

    The global shift toward renewable energy, digital infrastructure and military modernization has sparked a geopolitical scramble for critical and rare earth minerals.

    In early 2025, Trump signed a series of executive orders that introduced aggressive and imperial-style tactics to secure access to mineral wealth. He threatened Canada with annexation and tariffs, demanded access to Greenland’s resources and linked U.S. support for Ukraine to access to its mineral reserves.

    The DRC’s offer must be viewed through this lens of global resource competition.

    Congo’s critical mineral wealth

    The DRC holds some of the world’s richest deposits of critical minerals and metals. A 2012 article estimated the value of Congo’s untapped mineral wealth at US$24 trillion, a figure nearing the U.S. first-quarter 2025 GDP of $29.962 trillion.

    The DRC produces 70 per cent of the world’s cobalt, ranks fourth in copper, sixth in industrial diamonds and also possesses vast reserves of nickel and lithium, including the Manono deposit expected to yield 95,170 tonnes of crude lithium.

    But the struggle to control these resources has fuelled a cycle of armed violence, displacement and exploitation. Despite several peace agreements, peace and stability remain elusive.

    America’s interests in Congo

    U.S. involvement in Congo stretches back to the Cold War, when it played a role in the 1961 assassination of Patrice Lumumba, Congo’s first elected prime minister who sought economic sovereignty.

    In 1996, the U.S. was accused of backing Rwanda and Uganda in the initial invasion of eastern Congo. A U.S. diplomat, “Mr. Hankins,” was quoted in Goma saying: “I am here …to represent American interests.”

    In 2024, President Joe Biden met Tshisekedi to advance the Lobito Corridor, a strategic trade route to counter China’s dominance in the region. Chinese companies currently control around 80 per cent of Congo’s copper market.

    When Trump signed the 2025 peace agreement, he openly stated the U.S. would gain “a lot of mineral rights … foreign trade and investment from the regional critical mineral supply chains.”

    U.S.-brokered peace deal

    The deal, however, prioritizes America’s access to minerals over the well-being of Congolese citizens. Historically, Congo’s mineral wealth has enriched elites and foreign powers while leaving its people impoverished and vulnerable. The new agreement could entrench existing inequalities and inflame tensions further.

    The U.S. has also cut off aid for war survivors, including emergency medical kits and antiretrovirals for rape victims, undermining humanitarian efforts.

    Crucially, the agreement overlooks:

    • The root causes and drivers of conflict at national, regional and international levels.

    • The role of Rwanda and Uganda, whose militaries and intelligence services have long been implicated in supporting groups like M23. Gen. Muhoozi Kainerugaba, son of Ugandan President Yoweri Museveni, has referred to M23 as “our brothers” and threatened military action in Congo.

    • The voices of Congolese civil society, war survivors and the public, who were excluded from the negotiation process.

    • State fragility and institutional collapse — major enablers of protracted violence.

    • The grievances of Hutu and Tutsi communities in the DRC, deeply rooted in colonial and regional politics.

    • The presence of more than 120 armed groups, many of them proxies for foreign powers engaging in what some scholars call “geocriminality.”

    Between January and February 2025 alone, more than 7,000 people were killed in the DRC. The United Nations and several human rights organizations have documented mass atrocities, including crimes of genocidal magnitude.

    A path toward real peace

    The peace agreement fails to demand justice for crimes committed against the Congolese people. Nobel Peace laureate Denis Mukwege condemned the deal for “rewarding aggression, legitimizing the plundering of Congo’s natural resources, and sacrificing justice for a fragile peace.”

    It also ignores the roles of international mining corporations and external entities that have long profited from Congo’s instability.

    True and lasting peace in the DRC cannot be imposed from the outside. U.S.-led mineral extraction without justice risks deepening the crisis. Since 1999, UN peacekeepers have been deployed in the Congo , yet violence continues.

    Sustainable peace will require:

    • An end to impunity;

    • Thorough investigations into war crimes;

    • Regional truth-telling processes;

    • Justice and reparations for victims;

    • And most importantly, inclusion of Congolese voices in shaping their future.

    Without these commitments, the U.S. risks replicating a long history of exploitation, trading in minerals while ignoring the human cost.

    Evelyn Namakula Mayanja receives funding from Social Sciences and Humanities Research Council and from Carleton University

    ref. Congo and critical minerals: What are the costs of America’s peace? – https://theconversation.com/congo-and-critical-minerals-what-are-the-costs-of-americas-peace-260567

    MIL OSI

  • Russia says it favours new round of peace talks with Ukraine, highlights gulf between them

    Source: Government of India

    Source: Government of India (4)

    The Kremlin said on Monday that Moscow was in favour of a new round of peace talks between Russia and Ukraine but the two sides’ positions were diametrically opposed so there was a lot of diplomatic work to be done.

    Ukrainian President Volodymyr Zelenskiy said on Saturday that Kyiv has sent Moscow an offer to hold another round of peace talks this week, and that he wants to speed up negotiations for a ceasefire.

    Kremlin spokesman Dmitry Peskov said that as soon as there was a definitive understanding of the date for the next round of talks then Moscow would announce it.

    “There is our draft memorandum, there is a draft memorandum that has been handed over by the Ukrainian side. There is to be an exchange of views and talks on these two drafts, which are diametrically opposed so far,” Peskov said.

    Ukraine and Russia have held two rounds of talks in Istanbul, on May 16 and June 2, that led to the exchange of thousands of prisoners of war and the remains of dead soldiers. But the two sides have made no breakthrough towards a ceasefire or a settlement to end almost three and a half years of war.

    (Reuters)

  • Russia says it favours new round of peace talks with Ukraine, highlights gulf between them

    Source: Government of India

    Source: Government of India (4)

    The Kremlin said on Monday that Moscow was in favour of a new round of peace talks between Russia and Ukraine but the two sides’ positions were diametrically opposed so there was a lot of diplomatic work to be done.

    Ukrainian President Volodymyr Zelenskiy said on Saturday that Kyiv has sent Moscow an offer to hold another round of peace talks this week, and that he wants to speed up negotiations for a ceasefire.

    Kremlin spokesman Dmitry Peskov said that as soon as there was a definitive understanding of the date for the next round of talks then Moscow would announce it.

    “There is our draft memorandum, there is a draft memorandum that has been handed over by the Ukrainian side. There is to be an exchange of views and talks on these two drafts, which are diametrically opposed so far,” Peskov said.

    Ukraine and Russia have held two rounds of talks in Istanbul, on May 16 and June 2, that led to the exchange of thousands of prisoners of war and the remains of dead soldiers. But the two sides have made no breakthrough towards a ceasefire or a settlement to end almost three and a half years of war.

    (Reuters)

  • MIL-OSI: HBT Financial, Inc. Announces Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Second Quarter Highlights

    • Net income of $19.2 million, or $0.61 per diluted share; return on average assets (“ROAA”) of 1.53%; return on average stockholders’ equity (“ROAE”) of 13.47%; and return on average tangible common equity (“ROATCE”)(1) of 15.55%
    • Adjusted net income(1) of $19.8 million; or $0.63 per diluted share; adjusted ROAA(1) of 1.58%; adjusted ROAE(1) of 13.87%; and adjusted ROATCE(1) of 16.02%
    • Asset quality remained strong with nonperforming assets to total assets of 0.13% and net charge-offs to average loans of 0.12%, on an annualized basis
    • Net interest margin increased 2 basis points to 4.14% and net interest margin (tax-equivalent basis)(1)increased 3 basis points to 4.19%

    BLOOMINGTON, Ill., July 21, 2025 (GLOBE NEWSWIRE) — HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT Financial” or “HBT”), the holding company for Heartland Bank and Trust Company, today reported net income of $19.2 million, or $0.61 diluted earnings per share, for the second quarter of 2025. This compares to net income of $19.1 million, or $0.60 diluted earnings per share, for the first quarter of 2025, and net income of $18.1 million, or $0.57 diluted earnings per share, for the second quarter of 2024.

    J. Lance Carter, President and Chief Executive Officer of HBT Financial, said, “During the second quarter of 2025, our team continued to deliver consistently strong earnings with adjusted net income(1) of $19.8 million, or $0.63 per diluted share. This was driven by an increase in adjusted pre-provision net revenue(1) of 5.2%, compared to the first quarter of 2025. Adjusted ROAA(1) was 1.58% and adjusted ROATCE(1) was 16.02% for the second quarter while our net interest margin on a tax equivalent basis(1) increased 3 basis points to 4.19%. Our strong profitability coupled with an improvement in our accumulated other comprehensive income due to lower interest rates resulted in a $0.59 increase in our tangible book value per share(1) to $16.02, an increase of 3.8% for the quarter and 17.4% over the last 12 months.

    Our balance sheet remains strong as all capital ratios increased during the quarter and asset quality remained stable with nonperforming assets to total assets of only 0.13%. We saw a decrease in loans during the quarter as seasonal paydowns on grain elevator lines of credit caused a decrease in commercial and industrial loans and a higher amount of property sales caused higher payoffs in several other portfolios. We expect to see loan growth return in the third quarter of 2025 due to higher loan pipelines at the end of the second quarter than at the end of the first quarter and fewer payoffs projected.

    Our credit discipline, strong profitability and solid balance sheet give us confidence that we are prepared for a variety of economic and interest rate environments. Our capital levels and operational structure support attractive acquisition opportunities should the right opportunity arise.”
    ____________________________________
    (1) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.

    Adjusted Net Income

    In addition to reporting GAAP results, the Company believes non-GAAP measures such as adjusted net income and adjusted earnings per share, which adjust for acquisition expenses, branch closure expenses, gains (losses) on closed branch premises, realized gains (losses) on sales of securities, mortgage servicing rights fair value adjustments, and the tax effect of these pre-tax adjustments, provide investors with additional insight into its operational performance. The Company reported adjusted net income of $19.8 million, or $0.63 adjusted diluted earnings per share, for the second quarter of 2025. This compares to adjusted net income of $19.3 million, or $0.61 adjusted diluted earnings per share, for the first quarter of 2025, and adjusted net income of $18.1 million, or $0.57 adjusted diluted earnings per share, for the second quarter of 2024 (see “Reconciliation of Non-GAAP Financial Measures” tables below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures).

    Net Interest Income and Net Interest Margin

    Net interest income for the second quarter of 2025 was $49.7 million, an increase of 2.0% from $48.7 million for the first quarter of 2025. The increase was primarily attributable to improved yields on debt securities and lower funding costs which were partially offset by a decrease in average loan balances.

    Relative to the second quarter of 2024, net interest income increased 5.6% from $47.0 million. The increase was primarily attributable to lower funding costs, improved yields on debt securities, and higher average loan balances. Additionally, a $0.5 million increase in nonaccrual interest recoveries and loan fees contributed to the increase in net interest income.

    Net interest margin for the second quarter of 2025 was 4.14%, compared to 4.12% for the first quarter of 2025, and net interest margin (tax-equivalent basis)(1) for the second quarter of 2025 was 4.19%, compared to 4.16% for the first quarter of 2025. The increase was primarily attributable to improved yields on debt securities, which increased 11 basis points to 2.60%, and lower funding costs, which decreased 3 basis points to 1.29%.

    Relative to the second quarter of 2024, net interest margin increased 19 basis points from 3.95% and net interest margin (tax-equivalent basis)(1) increased 19 basis points from 4.00%. The increase was primarily attributable to lower funding costs, higher yields on interest-earning assets, and an increase in nonaccrual interest recoveries and loan fees. The increase in the contribution of nonaccrual interest recoveries and loan fees accounted for 4 basis points of the increase in net interest margin.
    ____________________________________
    (1) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.

    Noninterest Income

    Noninterest income for the second quarter of 2025 was $9.1 million, a 1.8% decrease from $9.3 million for the first quarter of 2025. The decrease was primarily attributable to changes in the mortgage servicing rights (“MSR”) fair value adjustment, with a $0.8 million negative MSR fair value adjustment included in the second quarter 2025 results compared to a $0.3 million negative MSR fair value adjustment included in the first quarter 2025 results. Partially offsetting this decrease were seasonal increases in card income of $0.2 million and gains on sale of mortgage loans of $0.2 million.

    Relative to the second quarter of 2024, noninterest income decreased 4.9% from $9.6 million. The decrease was primarily attributable to changes in the MSR fair value adjustment, with a $0.8 million negative MSR fair value adjustment included in the second quarter 2025 results compared to a $0.1 million negative MSR fair value adjustment included in the second quarter 2024 results. Partially offsetting the decrease was a $0.2 million increase in wealth management fees.

    Noninterest Expense

    Noninterest expense for the second quarter of 2025 was $31.9 million, nearly unchanged from the first quarter of 2025. A $0.6 million decrease in salaries expense, which was impacted by seasonal variations in vacation accruals, was largely offset by a $0.4 million increase in other noninterest expense and a $0.3 million increase in employee benefits expense, primarily driven by higher medical benefit costs.

    Relative to the second quarter of 2024, noninterest expense increased 4.6% from $30.5 million. The increase was primarily attributable to a $0.7 million increase in employee benefits expense, primarily driven by higher medical benefit costs, a $0.3 million increase in other noninterest expense, and a $0.2 million increase in bank occupancy expense, primarily due to planned building maintenance and upgrades.

    Income Taxes

    During the second quarter of 2025 our effective tax rate increased to 27.0% when compared to 25.2% during the first quarter of 2025. This increase was primarily related to $0.3 million of additional tax expense related to the nonrecurring reversal of a stranded tax effect included in accumulated other comprehensive income, in connection with the maturity of a derivative designated as a cash flow hedge during the second quarter of 2025. Additionally, the first quarter of 2025 included a $0.2 million tax benefit from stock-based compensation that vested during the quarter.

    Loan Portfolio

    Total loans outstanding, before allowance for credit losses, were $3.35 billion at June 30, 2025, compared with $3.46 billion at March 31, 2025, and $3.39 billion at June 30, 2024. The $113.6 million decrease from March 31, 2025 was primarily attributable to $72.0 million of paydowns from property sales, a seasonal reduction of $25.1 million in grain elevator lines of credit included in the commercial and industrial segment, and additional payoffs across other segments. These reductions were partially offset by draws on existing loans in the construction and development segment and new originations to existing customers. Additionally, increases in the multi-family and commercial real estate – non-owner occupied segments were primarily due to completed projects being moved out of the construction and land development category.

    Deposits

    Total deposits were $4.31 billion at June 30, 2025, compared with $4.38 billion at March 31, 2025, and $4.32 billion at June 30, 2024. The $78.1 million decrease from March 31, 2025 was primarily attributable to higher outflows for tax payments by depositors and lower balances maintained in existing retail accounts which were partially offset by higher public funds balances.

    Asset Quality

    Nonperforming assets totaled $6.5 million, or 0.13% of total assets, at June 30, 2025, compared with $5.6 million, or 0.11% of total assets, at March 31, 2025, and $8.8 million, or 0.17% of total assets, at June 30, 2024. Additionally, of the $5.6 million of nonperforming loans held as of June 30, 2025, $1.9 million were either wholly or partially guaranteed by the U.S. government. The $0.9 million increase in nonperforming assets from March 31, 2025 was primarily attributable to higher nonperforming loan balances in the commercial and industrial and the construction and land development segments.

    The Company recorded a provision for credit losses of $0.5 million for the second quarter of 2025. The provision for credit losses primarily reflects a $1.0 million increase in required reserves driven by changes in the economic forecast; a $0.8 million increase in required reserves resulting from changes in qualitative factors; a $1.2 million decrease in required reserves driven by changes within the portfolio; and a $0.1 million decrease in specific reserves.
    The Company had net charge-offs of $1.0 million, or 0.12% of average loans on an annualized basis, for the second quarter of 2025, compared to net charge-offs of $0.4 million, or 0.05% of average loans on an annualized basis, for the first quarter of 2025, and net charge-offs of $0.7 million, or 0.08% of average loans on an annualized basis, for the second quarter of 2024. Charge-offs during second quarter of 2025 were primarily recognized in the commercial and industrial and one-to-four family residential segments.

    The Company’s allowance for credit losses was 1.24% of total loans and 741% of nonperforming loans at June 30, 2025, compared with 1.22% of total loans and 825% of nonperforming loans at March 31, 2025. In addition, the allowance for credit losses on unfunded lending-related commitments totaled $3.1 million as of June 30, 2025, compared with $3.2 million as of March 31, 2025.

    Capital

    As of June 30, 2025, the Company exceeded all regulatory capital requirements under Basel III as summarized in the following table:

        June 30, 2025   For Capital
    Adequacy Purposes
    With Capital
    Conservation Buffer
             
    Total capital to risk-weighted assets   17.74 %   10.50 %
    Tier 1 capital to risk-weighted assets   15.60     8.50  
    Common equity tier 1 capital ratio   14.26     7.00  
    Tier 1 leverage ratio   11.86     4.00  
                 

    The ratio of tangible common equity to tangible assets(1) increased to 10.21% as of June 30, 2025, from 9.73% as of March 31, 2025, and tangible book value per share(1) increased by $0.59 to $16.02 as of June 30, 2025, when compared to March 31, 2025.

    During the second quarter of 2025, the Company repurchased 135,997 shares of its common stock at a weighted average price of $21.30 under its stock repurchase program. The Company’s Board of Directors has authorized the repurchase of up to $15.0 million of HBT Financial common stock under its stock repurchase program, which is in effect until January 1, 2026. As of June 30, 2025, the Company had $12.1 million remaining under the stock repurchase program.
    ____________________________________
    (1) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.

    About HBT Financial, Inc.

    HBT Financial, Inc., headquartered in Bloomington, Illinois, is the holding company for Heartland Bank and Trust Company, and has banking roots that can be traced back to 1920. HBT Financial provides a comprehensive suite of financial products and services to consumers, businesses, and municipal entities throughout Illinois and eastern Iowa through 66 full-service branches. As of June 30, 2025, HBT Financial had total assets of $5.0 billion, total loans of $3.3 billion, and total deposits of $4.3 billion.

    Non-GAAP Financial Measures

    Some of the financial measures included in this press release are not measures of financial performance recognized in accordance with GAAP. These non-GAAP financial measures include adjusted net income, adjusted earnings per share, adjusted ROAA, pre-provision net revenue, pre-provision net revenue less charge-offs (recoveries), adjusted pre-provision net revenue, adjusted pre-provision net revenue less charge-offs (recoveries), net interest income (tax-equivalent basis), net interest margin (tax-equivalent basis), efficiency ratio (tax-equivalent basis), adjusted efficiency ratio (tax-equivalent basis), the ratio of tangible common equity to tangible assets, tangible book value per share, adjusted ROAE, ROATCE, and adjusted ROATCE. Our management uses these non-GAAP financial measures, together with the related GAAP financial measures, in its analysis of our performance and in making business decisions. Management believes that it is a standard practice in the banking industry to present these non-GAAP financial measures, and accordingly believes that providing these measures may be useful for peer comparison purposes. These disclosures should not be viewed as substitutes for the results determined to be in accordance with GAAP; nor are they necessarily comparable to non-GAAP financial measures that may be presented by other companies. See our reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures in the “Reconciliation of Non-GAAP Financial Measures” tables.

    Forward-Looking Statements

    Readers should note that in addition to the historical information contained herein, this press release contains, and future oral and written statements of the Company and its management may contain, “forward-looking statements” within the meanings of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “will,” “propose,” “may,” “plan,” “seek,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “continue,” or “should,” or similar terminology. Any forward-looking statements presented herein are made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

    Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to: (i) the strength of the local, state, national and international economies and financial markets (including effects of inflationary pressures and supply chain constraints); (ii) effects on the U.S. economy resulting from the threat or implementation of, or changes to, existing policies and executive orders including tariffs, immigration policy, regulatory or other governmental agencies, foreign policy and tax regulations; (iii) the economic impact of any future terrorist threats and attacks, widespread disease or pandemics, acts of war or other threats thereof (including the Russian invasion of Ukraine and ongoing conflicts in the Middle East), or other adverse events that could cause economic deterioration or instability in credit markets, and the response of the local, state and national governments to any such adverse external events; (iv) new and revised accounting policies and practices, as may be adopted by state and federal regulatory banking agencies, the Financial Accounting Standards Board or the Public Company Accounting Oversight Board; (v) changes in local, state and federal laws, regulations and governmental policies concerning the Company’s general business and any changes in response to bank failures; (vi) the imposition of tariffs or other governmental policies impacting the value of products produced by the Company’s commercial borrowers; (vii) changes in interest rates and prepayment rates of the Company’s assets; (viii) increased competition in the financial services sector, including from non-bank competitors such as credit unions and fintech companies, and the inability to attract new customers; (ix) technological changes implemented by us and other parties, including our third-party vendors, which may have unforeseen consequences to us and our customers, including the development and implementation of tools incorporating artificial intelligence; (x) unexpected results of acquisitions, which may include failure to realize the anticipated benefits of acquisitions and the possibility that transaction costs may be greater than anticipated; (xi) the loss of key executives and employees, talent shortages and employee turnover; (xii) changes in consumer spending; (xiii) unexpected outcomes or costs of existing or new litigation or other legal proceedings and regulatory actions involving the Company; (xiv) the economic impact on the Company and its customers of climate change, natural disasters and of exceptional weather occurrences such as tornadoes, floods and blizzards; (xv) fluctuations in the value of securities held in our securities portfolio, including as a result of changes in interest rates; (xvi) credit risks and risks from concentrations (by type of borrower, geographic area, collateral and industry) within our loan portfolio (including commercial real estate loans) and large loans to certain borrowers; (xvii) the overall health of the local and national real estate market; (xviii) the ability to maintain an adequate level of allowance for credit losses on loans; (xix) the concentration of large deposits from certain clients who have balances above current FDIC insurance limits and who may withdraw deposits to diversify their exposure; (xx) the ability to successfully manage liquidity risk, which may increase dependence on non-core funding sources such as brokered deposits, and may negatively impact the Company’s cost of funds; (xxi) the level of nonperforming assets on our balance sheet; (xxii) interruptions involving our information technology and communications systems or third-party servicers; (xxiii) the occurrence of fraudulent activity, breaches or failures of our third-party vendors’ information security controls or cybersecurity-related incidents, including as a result of sophisticated attacks using artificial intelligence and similar tools or as a result of insider fraud; (xxiv) the effectiveness of the Company’s risk management framework, and (xxv) the ability of the Company to manage the risks associated with the foregoing as well as anticipated. Readers should note that the forward-looking statements included in this press release are not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking statements. Additional information concerning the Company and its business, including additional factors that could materially affect the Company’s financial results, is included in the Company’s filings with the Securities and Exchange Commission.

    CONTACT:
    Peter Chapman
    HBTIR@hbtbank.com 
    (309) 664-4556

    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
             
        As of or for the Three Months Ended   Six Months Ended June 30,
    (dollars in thousands, except per share data)   June 30,
    2025
      March 31,
    2025
      June 30,
    2024
        2025       2024  
    Interest and dividend income   $ 63,919     $ 63,138     $ 62,824     $ 127,057     $ 124,785  
    Interest expense     14,261       14,430       15,796       28,691       31,069  
    Net interest income     49,658       48,708       47,028       98,366       93,716  
    Provision for credit losses     526       576       1,176       1,102       1,703  
    Net interest income after provision for credit losses     49,132       48,132       45,852       97,264       92,013  
    Noninterest income     9,140       9,306       9,610       18,446       15,236  
    Noninterest expense     31,914       31,935       30,509       63,849       61,777  
    Income before income tax expense     26,358       25,503       24,953       51,861       45,472  
    Income tax expense     7,128       6,428       6,883       13,556       12,144  
    Net income   $ 19,230     $ 19,075     $ 18,070     $ 38,305     $ 33,328  
                         
    Earnings per share – diluted   $ 0.61     $ 0.60     $ 0.57     $ 1.21     $ 1.05  
                         
    Adjusted net income (1)   $ 19,803     $ 19,253     $ 18,139     $ 39,056     $ 36,212  
    Adjusted earnings per share – diluted (1)     0.63       0.61       0.57       1.23       1.14  
                         
    Book value per share   $ 18.44     $ 17.86     $ 16.14          
    Tangible book value per share (1)     16.02       15.43       13.64          
                         
    Shares of common stock outstanding     31,495,434       31,631,431       31,559,366          
    Weighted average shares of common stock outstanding, including all dilutive potential shares     31,588,541       31,711,671       31,666,811       31,649,766       31,734,999  
                         
    SUMMARY RATIOS                    
    Net interest margin *     4.14 %     4.12 %     3.95 %     4.13 %     3.95 %
    Net interest margin (tax-equivalent basis) * (1)(2)     4.19       4.16       4.00       4.18       3.99  
                         
    Efficiency ratio     53.10 %     53.85 %     52.61 %     53.47 %     55.40 %
    Efficiency ratio (tax-equivalent basis) (1)(2)     52.61       53.35       52.10       52.97       54.83  
                         
    Loan to deposit ratio     77.75 %     78.95 %     78.39 %        
                         
    Return on average assets *     1.53 %     1.54 %     1.45 %     1.53 %     1.34 %
    Return on average stockholders’ equity *     13.47       13.95       14.48       13.70       13.46  
    Return on average tangible common equity * (1)     15.55       16.20       17.21       15.87       16.03  
                         
    Adjusted return on average assets * (1)     1.58 %     1.55 %     1.45 %     1.56 %     1.45 %
    Adjusted return on average stockholders’ equity * (1)     13.87       14.08       14.54       13.97       14.63  
    Adjusted return on average tangible common equity * (1)     16.02       16.36       17.27       16.18       17.42  
                         
    CAPITAL                    
    Total capital to risk-weighted assets     17.74 %     16.85 %     16.01 %        
    Tier 1 capital to risk-weighted assets     15.60       14.77       13.98          
    Common equity tier 1 capital ratio     14.26       13.48       12.66          
    Tier 1 leverage ratio     11.86       11.64       10.83          
    Total stockholders’ equity to total assets     11.58       11.10       10.18          
    Tangible common equity to tangible assets (1)     10.21       9.73       8.74          
                         
    ASSET QUALITY                    
    Net charge-offs (recoveries) to average loans *     0.12 %     0.05 %     0.08 %     0.09 %     0.03 %
    Allowance for credit losses to loans, before allowance for credit losses     1.24       1.22       1.21          
    Nonperforming loans to loans, before allowance for credit losses     0.17       0.15       0.25          
    Nonperforming assets to total assets     0.13       0.11       0.17          
                                     

    ____________________________________

    (1) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.
    (2) On a tax-equivalent basis assuming a federal income tax rate of 21% and a state tax rate of 9.5%. 

    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
    Consolidated Statements of Income
     
      Three Months Ended   Six Months Ended June 30,
    (dollars in thousands, except per share data) June 30,
    2025
      March 31,
    2025
      June 30,
    2024
        2025       2024  
    INTEREST AND DIVIDEND INCOME                  
    Loans, including fees:                  
    Taxable $ 53,156     $ 53,369     $ 52,177     $ 106,525     $ 104,103  
    Federally tax exempt   1,215       1,168       1,097       2,383       2,191  
    Debt securities:                  
    Taxable   7,434       6,936       6,315       14,370       12,519  
    Federally tax exempt   457       469       521       926       1,118  
    Interest-bearing deposits in bank   1,544       1,065       2,570       2,609       4,522  
    Other interest and dividend income   113       131       144       244       332  
    Total interest and dividend income   63,919       63,138       62,824       127,057       124,785  
    INTEREST EXPENSE                  
    Deposits   12,835       12,939       14,133       25,774       27,726  
    Securities sold under agreements to repurchase         22       129       22       281  
    Borrowings   30       109       121       139       246  
    Subordinated notes   469       470       469       939       939  
    Junior subordinated debentures issued to capital trusts   927       890       944       1,817       1,877  
    Total interest expense   14,261       14,430       15,796       28,691       31,069  
    Net interest income   49,658       48,708       47,028       98,366       93,716  
    PROVISION FOR CREDIT LOSSES   526       576       1,176       1,102       1,703  
    Net interest income after provision for credit losses   49,132       48,132       45,852       97,264       92,013  
    NONINTEREST INCOME                  
    Card income   2,797       2,548       2,885       5,345       5,501  
    Wealth management fees   2,826       2,841       2,623       5,667       5,170  
    Service charges on deposit accounts   1,915       1,944       1,902       3,859       3,771  
    Mortgage servicing   1,042       990       1,111       2,032       2,166  
    Mortgage servicing rights fair value adjustment   (751 )     (308 )     (97 )     (1,059 )     (17 )
    Gains on sale of mortgage loans   459       252       443       711       741  
    Realized gains (losses) on sales of securities                           (3,382 )
    Unrealized gains (losses) on equity securities   23       8       (96 )     31       (112 )
    Gains (losses) on foreclosed assets   14       13       (28 )     27       59  
    Gains (losses) on other assets   (128 )     54             (74 )     (635 )
    Income on bank owned life insurance   167       164       166       331       330  
    Other noninterest income   776       800       701       1,576       1,644  
    Total noninterest income   9,140       9,306       9,610       18,446       15,236  
    NONINTEREST EXPENSE                  
    Salaries   16,452       17,053       16,364       33,505       33,021  
    Employee benefits   3,580       3,285       2,860       6,865       5,665  
    Occupancy of bank premises   2,471       2,625       2,243       5,096       4,825  
    Furniture and equipment   575       445       548       1,020       1,098  
    Data processing   2,687       2,717       2,606       5,404       5,531  
    Marketing and customer relations   1,020       1,144       996       2,164       1,992  
    Amortization of intangible assets   694       695       710       1,389       1,420  
    FDIC insurance   551       562       565       1,113       1,125  
    Loan collection and servicing   360       383       475       743       927  
    Foreclosed assets   67       5       10       72       59  
    Other noninterest expense   3,457       3,021       3,132       6,478       6,114  
    Total noninterest expense   31,914       31,935       30,509       63,849       61,777  
    INCOME BEFORE INCOME TAX EXPENSE   26,358       25,503       24,953       51,861       45,472  
    INCOME TAX EXPENSE   7,128       6,428       6,883       13,556       12,144  
    NET INCOME $ 19,230     $ 19,075     $ 18,070     $ 38,305     $ 33,328  
                       
    EARNINGS PER SHARE – BASIC $ 0.61     $ 0.60     $ 0.57     $ 1.21     $ 1.05  
    EARNINGS PER SHARE – DILUTED $ 0.61     $ 0.60     $ 0.57     $ 1.21     $ 1.05  
    WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING   31,510,759       31,584,989       31,579,457       31,547,669       31,621,205  
                                           
    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
    Consolidated Balance Sheets
               
    (dollars in thousands) June 30,
    2025
      March 31,
    2025
      June 30,
    2024
    ASSETS          
    Cash and due from banks $ 25,563     $ 25,005     $ 22,604  
    Interest-bearing deposits with banks   170,179       186,586       172,636  
    Cash and cash equivalents   195,742       211,591       195,240  
               
    Interest-bearing time deposits with banks               520  
    Debt securities available-for-sale, at fair value   773,206       706,135       669,055  
    Debt securities held-to-maturity   481,942       490,398       512,549  
    Equity securities with readily determinable fair value   3,346       3,323       3,228  
    Equity securities with no readily determinable fair value   2,609       2,629       2,613  
    Restricted stock, at cost   4,979       5,086       5,086  
    Loans held for sale   2,316       2,721       858  
               
    Loans, before allowance for credit losses   3,348,211       3,461,778       3,385,483  
    Allowance for credit losses   (41,659 )     (42,111 )     (40,806 )
    Loans, net of allowance for credit losses   3,306,552       3,419,667       3,344,677  
               
    Bank owned life insurance   24,320       24,153       24,235  
    Bank premises and equipment, net   68,523       67,272       65,711  
    Bank premises held for sale   140       190       317  
    Foreclosed assets   890       460       320  
    Goodwill   59,820       59,820       59,820  
    Intangible assets, net   16,454       17,148       19,262  
    Mortgage servicing rights, at fair value   17,768       18,519       18,984  
    Investments in unconsolidated subsidiaries   1,614       1,614       1,614  
    Accrued interest receivable   20,624       22,735       22,425  
    Other assets   37,553       38,731       59,685  
    Total assets $ 5,018,398     $ 5,092,192     $ 5,006,199  
               
    LIABILITIES AND STOCKHOLDERS’ EQUITY          
    Liabilities          
    Deposits:          
    Noninterest-bearing $ 1,034,387     $ 1,065,874     $ 1,045,697  
    Interest-bearing   3,272,144       3,318,716       3,272,996  
    Total deposits   4,306,531       4,384,590       4,318,693  
               
    Securities sold under agreements to repurchase   556       2,698       29,330  
    Federal Home Loan Bank advances   7,240       7,209       13,734  
    Subordinated notes   39,593       39,573       39,514  
    Junior subordinated debentures issued to capital trusts   52,879       52,864       52,819  
    Other liabilities   30,702       40,201       42,640  
    Total liabilities   4,437,501       4,527,135       4,496,730  
               
    Stockholders’ Equity          
    Common stock   329       329       328  
    Surplus   297,479       297,024       296,430  
    Retained earnings   341,750       329,169       290,386  
    Accumulated other comprehensive income (loss)   (32,739 )     (38,446 )     (54,656 )
    Treasury stock at cost   (25,922 )     (23,019 )     (23,019 )
    Total stockholders’ equity   580,897       565,057       509,469  
    Total liabilities and stockholders’ equity $ 5,018,398     $ 5,092,192     $ 5,006,199  
    SHARES OF COMMON STOCK OUTSTANDING   31,495,434       31,631,431       31,559,366  
                           
    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
               
    (dollars in thousands) June 30,
    2025
      March 31,
    2025
      June 30,
    2024
               
    LOANS          
    Commercial and industrial $ 419,430   $ 441,261   $ 400,276
    Commercial real estate – owner occupied   317,475     321,990     289,992
    Commercial real estate – non-owner occupied   907,073     891,022     889,193
    Construction and land development   310,252     376,046     365,371
    Multi-family   453,812     424,096     429,951
    One-to-four family residential   451,197     455,376     484,335
    Agricultural and farmland   271,644     292,240     285,822
    Municipal, consumer, and other   217,328     259,747     240,543
    Total loans $ 3,348,211   $ 3,461,778   $ 3,385,483
                     
    (dollars in thousands) June 30,
    2025
      March 31,
    2025
      June 30,
    2024
               
    DEPOSITS          
    Noninterest-bearing deposits $ 1,034,387   $ 1,065,874   $ 1,045,697
    Interest-bearing deposits:          
    Interest-bearing demand   1,097,086     1,143,677     1,094,797
    Money market   831,292     812,146     769,386
    Savings   568,971     575,558     582,752
    Time   774,795     787,335     796,069
    Brokered           29,992
    Total interest-bearing deposits   3,272,144     3,318,716     3,272,996
    Total deposits $ 4,306,531   $ 4,384,590   $ 4,318,693
                     
    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
       
      Three Months Ended
      June 30, 2025   March 31, 2025   June 30, 2024
    (dollars in thousands) Average Balance   Interest   Yield/Cost *   Average Balance   Interest   Yield/Cost *   Average Balance   Interest   Yield/Cost *
                                       
    ASSETS                                  
    Loans $ 3,417,582     $ 54,371   6.38 %   $ 3,460,906     $ 54,537   6.39 %   $ 3,374,058     $ 53,274   6.35 %
    Debt securities   1,217,386       7,891   2.60       1,204,424       7,405   2.49       1,187,795       6,836   2.31  
    Deposits with banks   160,726       1,544   3.85       120,014       1,065   3.60       211,117       2,570   4.90  
    Other   12,519       113   3.66       12,677       131   4.19       12,588       144   4.60  
    Total interest-earning assets   4,808,213     $ 63,919   5.33 %     4,798,021     $ 63,138   5.34 %     4,785,558     $ 62,824   5.28 %
    Allowance for credit losses   (42,118 )             (42,061 )             (40,814 )        
    Noninterest-earning assets   270,580               276,853               283,103          
    Total assets $ 5,036,675             $ 5,032,813             $ 5,027,847          
                                       
    LIABILITIES AND STOCKHOLDERS’ EQUITY                                  
    Liabilities                                  
    Interest-bearing deposits:                                  
    Interest-bearing demand $ 1,125,787     $ 1,569   0.56 %   $ 1,120,608     $ 1,453   0.53 %   $ 1,123,592     $ 1,429   0.51 %
    Money market   813,531       4,463   2.20       807,728       4,397   2.21       788,744       4,670   2.38  
    Savings   569,193       374   0.26       569,494       370   0.26       592,312       393   0.27  
    Time   780,536       6,429   3.30       784,099       6,719   3.48       763,507       7,117   3.75  
    Brokered                               38,213       524   5.51  
    Total interest-bearing deposits   3,289,047       12,835   1.57       3,281,929       12,939   1.60       3,306,368       14,133   1.72  
    Securities sold under agreements to repurchase   1,420         0.05       8,754       22   1.02       30,440       129   1.70  
    Borrowings   7,225       30   1.70       12,890       109   3.41       13,466       121   3.60  
    Subordinated notes   39,582       469   4.76       39,563       470   4.82       39,504       469   4.78  
    Junior subordinated debentures issued to capital trusts   52,871       927   7.03       52,856       890   6.83       52,812       944   7.18  
    Total interest-bearing liabilities   3,390,145     $ 14,261   1.69 %     3,395,992     $ 14,430   1.72 %     3,442,590     $ 15,796   1.85 %
    Noninterest-bearing deposits   1,044,539               1,045,733               1,043,614          
    Noninterest-bearing liabilities   29,486               36,373               39,806          
    Total liabilities   4,464,170               4,478,098               4,526,010          
    Stockholders’ Equity   572,505               554,715               501,837          
    Total liabilities and stockholders’ equity $ 5,036,675             $ 5,032,813             $ 5,027,847          
                                       
    Net interest income/Net interest margin (1)     $ 49,658   4.14 %       $ 48,708   4.12 %       $ 47,028   3.95 %
    Tax-equivalent adjustment (2)       548   0.05           545   0.04           553   0.05  
    Net interest income (tax-equivalent basis)/
    Net interest margin (tax-equivalent basis) (2) (3)
        $ 50,206   4.19 %       $ 49,253   4.16 %       $ 47,581   4.00 %
    Net interest rate spread (4)         3.64 %           3.62 %           3.43 %
    Net interest-earning assets (5) $ 1,418,068             $ 1,402,029             $ 1,342,968          
    Ratio of interest-earning assets to interest-bearing liabilities   1.42               1.41               1.39          
    Cost of total deposits         1.19 %           1.21 %           1.31 %
    Cost of funds         1.29             1.32             1.42  
                                             

    ____________________________________

    * Annualized measure.

    (1) Net interest margin represents net interest income divided by average total interest-earning assets.
    (2) On a tax-equivalent basis assuming a federal income tax rate of 21% and a state income tax rate of 9.5%.
    (3) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.
    (4) Net interest rate spread represents the difference between the yield on average interest-earning assets and the cost of average interest-bearing liabilities.
    (5) Net interest-earning assets represents total interest-earning assets less total interest-bearing liabilities. 

    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
     
      Six Months Ended
      June 30, 2025   June 30, 2024
    (dollars in thousands) Average Balance   Interest   Yield/Cost *   Average Balance   Interest   Yield/Cost *
                           
    ASSETS                      
    Loans $ 3,439,124     $ 108,908   6.39 %   $ 3,372,640     $ 106,294   6.34 %
    Debt securities   1,210,941       15,296   2.55       1,200,871       13,637   2.28  
    Deposits with banks   140,483       2,609   3.75       189,207       4,522   4.81  
    Other   12,597       244   3.93       12,787       332   5.22  
    Total interest-earning assets   4,803,145     $ 127,057   5.33 %     4,775,505     $ 124,785   5.25 %
    Allowance for credit losses   (42,089 )             (40,526 )        
    Noninterest-earning assets   273,193               280,676          
    Total assets $ 5,034,249             $ 5,015,655          
                           
    LIABILITIES AND STOCKHOLDERS’ EQUITY                      
    Liabilities                      
    Interest-bearing deposits:                      
    Interest-bearing demand $ 1,123,212     $ 3,022   0.54 %   $ 1,125,638     $ 2,740   0.49 %
    Money market   810,645       8,860   2.20       800,714       9,467   2.38  
    Savings   569,343       744   0.26       601,768       836   0.28  
    Time   782,307       13,148   3.39       714,003       13,042   3.67  
    Brokered                 60,181       1,641   5.48  
    Total interest-bearing deposits   3,285,507       25,774   1.58       3,302,304       27,726   1.69  
    Securities sold under agreements to repurchase   5,067       22   0.89       31,448       281   1.80  
    Borrowings   10,042       139   2.79       13,235       246   3.73  
    Subordinated notes   39,573       939   4.79       39,494       939   4.78  
    Junior subordinated debentures issued to capital trusts   52,864       1,817   6.93       52,804       1,877   7.15  
    Total interest-bearing liabilities   3,393,053     $ 28,691   1.71 %     3,439,285     $ 31,069   1.82 %
    Noninterest-bearing deposits   1,045,133               1,040,007          
    Noninterest-bearing liabilities   32,404               38,457          
    Total liabilities   4,470,590               4,517,749          
    Stockholders’ Equity   563,659               497,906          
    Total liabilities and stockholders’ equity $ 5,034,249               5,015,655          
                           
    Net interest income/Net interest margin (1)     $ 98,366   4.13 %       $ 93,716   3.95 %
    Tax-equivalent adjustment (2)       1,093   0.05           1,128   0.04  
    Net interest income (tax-equivalent basis)/
    Net interest margin (tax-equivalent basis) (2) (3)
        $ 99,459   4.18 %       $ 94,844   3.99 %
    Net interest rate spread (4)         3.62 %           3.43 %
    Net interest-earning assets (5) $ 1,410,092             $ 1,336,220          
    Ratio of interest-earning assets to interest-bearing liabilities   1.42               1.39          
    Cost of total deposits         1.20 %           1.28 %
    Cost of funds         1.30             1.39  

    ____________________________________
    (1) Net interest margin represents net interest income divided by average total interest-earning assets.
    (2) On a tax-equivalent basis assuming a federal income tax rate of 21% and a state income tax rate of 9.5%.
    (3) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.
    (4) Net interest rate spread represents the difference between the yield on average interest-earning assets and the cost of average interest-bearing liabilities.
    (5) Net interest-earning assets represents total interest-earning assets less total interest-bearing liabilities. 

    HBT Financial, Inc.
    Unaudited Consolidated Financial Summary
               
    (dollars in thousands) June 30,
    2025
      March 31,
    2025
      June 30,
    2024
               
    NONPERFORMING ASSETS          
    Nonaccrual $ 5,615     $ 5,102     $ 8,425  
    Past due 90 days or more, still accruing   9       4       7  
    Total nonperforming loans   5,624       5,106       8,432  
    Foreclosed assets   890       460       320  
    Total nonperforming assets $ 6,514     $ 5,566     $ 8,752  
               
    Nonperforming loans that are wholly or partially guaranteed by the U.S. Government $ 1,878     $ 1,350     $ 2,132  
               
    Allowance for credit losses $ 41,659     $ 42,111     $ 40,806  
    Loans, before allowance for credit losses   3,348,211       3,461,778       3,385,483  
               
    CREDIT QUALITY RATIOS          
    Allowance for credit losses to loans, before allowance for credit losses   1.24 %     1.22 %     1.21 %
    Allowance for credit losses to nonaccrual loans   741.92       825.38       484.34  
    Allowance for credit losses to nonperforming loans   740.74       824.74       483.94  
    Nonaccrual loans to loans, before allowance for credit losses   0.17       0.15       0.25  
    Nonperforming loans to loans, before allowance for credit losses   0.17       0.15       0.25  
    Nonperforming assets to total assets   0.13       0.11       0.17  
    Nonperforming assets to loans, before allowance for credit losses, and foreclosed assets   0.19       0.16       0.26  
                           
      Three Months Ended   Six Months Ended June 30,
    (dollars in thousands) June 30,
    2025
      March 31,
    2025
      June 30,
    2024
        2025       2024  
                       
    ALLOWANCE FOR CREDIT LOSSES                  
    Beginning balance $ 42,111     $ 42,044     $ 40,815     $ 42,044     $ 40,048  
    Provision for credit losses   595       496       677       1,091       1,237  
    Charge-offs   (1,252 )     (665 )     (870 )     (1,917 )     (1,097 )
    Recoveries   205       236       184       441       618  
    Ending balance $ 41,659     $ 42,111     $ 40,806     $ 41,659     $ 40,806  
                       
    Net charge-offs $ 1,047     $ 429     $ 686     $ 1,476     $ 479  
    Average loans   3,417,582       3,460,906       3,374,058       3,439,124       3,372,640  
                       
    Net charge-offs to average loans *   0.12 %     0.05 %     0.08 %     0.09 %     0.03 %
                                           

    ____________________________________

    * Annualized measure.

      Three Months Ended   Six Months Ended June 30,
    (dollars in thousands) June 30,
    2025
      March 31,
    2025
      June 30,
    2024
        2025     2024
                       
    PROVISION FOR CREDIT LOSSES                  
    Loans $ 595     $ 496   $ 677   $ 1,091   $ 1,237
    Unfunded lending-related commitments   (69 )     80     499     11     466
    Total provision for credit losses $ 526     $ 576   $ 1,176   $ 1,102   $ 1,703
                                   
    Reconciliation of Non-GAAP Financial Measures –
    Adjusted Net Income and Adjusted Return on Average Assets
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands)   June 30,
    2025
      March 31,
    2025
      June 30,
    2024
        2025       2024  
                         
    Net income   $ 19,230     $ 19,075     $ 18,070     $ 38,305     $ 33,328  
    Less: adjustments                    
    Gains (losses) on closed branch premises     (50 )     59             9       (635 )
    Realized gains (losses) on sales of securities                             (3,382 )
    Mortgage servicing rights fair value adjustment     (751 )     (308 )     (97 )     (1,059 )     (17 )
    Total adjustments     (801 )     (249 )     (97 )     (1,050 )     (4,034 )
    Tax effect of adjustments (1)     228       71       28       299       1,150  
    Total adjustments after tax effect     (573 )     (178 )     (69 )     (751 )     (2,884 )
    Adjusted net income   $ 19,803     $ 19,253     $ 18,139     $ 39,056     $ 36,212  
                         
    Average assets   $ 5,036,675     $ 5,032,813     $ 5,027,847     $ 5,034,249     $ 5,015,655  
                         
    Return on average assets *     1.53 %     1.54 %     1.45 %     1.53 %     1.34 %
    Adjusted return on average assets *     1.58       1.55       1.45       1.56       1.45  
                                             

    ____________________________________

    * Annualized measure.

    (1) Assumes a federal income tax rate of 21% and a state tax rate of 9.5%.

    Reconciliation of Non-GAAP Financial Measures –
    Adjusted Earnings Per Share — Basic and Diluted
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands, except per share amounts)   June 30,
    2025
      March 31,
    2025
      June 30,
    2024
        2025     2024
                         
    Numerator:                    
    Net income   $ 19,230   $ 19,075   $ 18,070   $ 38,305   $ 33,328
                         
    Adjusted net income   $ 19,803   $ 19,253   $ 18,139   $ 39,056   $ 36,212
                         
    Denominator:                    
    Weighted average common shares outstanding     31,510,759     31,584,989     31,579,457     31,547,669     31,621,205
    Dilutive effect of outstanding restricted stock units     77,782     126,682     87,354     102,097     113,794
    Weighted average common shares outstanding, including all dilutive potential shares     31,588,541     31,711,671     31,666,811     31,649,766     31,734,999
                         
    Earnings per share – basic   $ 0.61   $ 0.60   $ 0.57   $ 1.21   $ 1.05
    Earnings per share – diluted   $ 0.61   $ 0.60   $ 0.57   $ 1.21   $ 1.05
                         
    Adjusted earnings per share – basic   $ 0.63   $ 0.61   $ 0.57   $ 1.24   $ 1.15
    Adjusted earnings per share – diluted   $ 0.63   $ 0.61   $ 0.57   $ 1.23   $ 1.14
                                   
    Reconciliation of Non-GAAP Financial Measures –
    Pre-Provision Net Revenue, Pre-Provision Net Revenue Less Net Charge-offs (Recoveries),
    Adjusted Pre-Provision Net Revenue, and Adjusted Pre-Provision Net Revenue Less Net Charge-offs (Recoveries)
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands)   June 30,
    2025
      March 31,
    2025
      June 30,
    2024
        2025       2024  
                         
    Net interest income   $ 49,658     $ 48,708     $ 47,028     $ 98,366     $ 93,716  
    Noninterest income     9,140       9,306       9,610       18,446       15,236  
    Noninterest expense     (31,914 )     (31,935 )     (30,509 )     (63,849 )     (61,777 )
    Pre-provision net revenue     26,884       26,079       26,129       52,963       47,175  
    Less: adjustments                    
    Gains (losses) on closed branch premises     (50 )     59             9       (635 )
    Realized gains (losses) on sales of securities                             (3,382 )
    Mortgage servicing rights fair value adjustment     (751 )     (308 )     (97 )     (1,059 )     (17 )
    Total adjustments     (801 )     (249 )     (97 )     (1,050 )     (4,034 )
    Adjusted pre-provision net revenue   $ 27,685     $ 26,328     $ 26,226     $ 54,013     $ 51,209  
                         
    Pre-provision net revenue   $ 26,884     $ 26,079     $ 26,129     $ 52,963     $ 47,175  
    Less: net charge-offs     1,047       429       686       1,476       479  
    Pre-provision net revenue less net charge-offs   $ 25,837     $ 25,650     $ 25,443     $ 51,487     $ 46,696  
                         
    Adjusted pre-provision net revenue   $ 27,685     $ 26,328     $ 26,226     $ 54,013     $ 51,209  
    Less: net charge-offs     1,047       429       686       1,476       479  
    Adjusted pre-provision net revenue less net charge-offs   $ 26,638     $ 25,899     $ 25,540     $ 52,537     $ 50,730  
                                             
    Reconciliation of Non-GAAP Financial Measures –
    Net Interest Income (Tax-equivalent Basis) and Net Interest Margin (Tax-equivalent Basis)
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands)   June 30,
    2025
      March 31,
    2025
      June 30,
    2024
        2025       2024  
                         
    Net interest income (tax-equivalent basis)                    
    Net interest income   $ 49,658     $ 48,708     $ 47,028     $ 98,366     $ 93,716  
    Tax-equivalent adjustment (1)     548       545       553       1,093       1,128  
    Net interest income (tax-equivalent basis) (1)   $ 50,206     $ 49,253     $ 47,581     $ 99,459     $ 94,844  
                         
    Net interest margin (tax-equivalent basis)                    
    Net interest margin *     4.14 %     4.12 %     3.95 %     4.13 %     3.95 %
    Tax-equivalent adjustment * (1)     0.05       0.04       0.05       0.05       0.04  
    Net interest margin (tax-equivalent basis) * (1)     4.19 %     4.16 %     4.00 %     4.18 %     3.99 %
                         
    Average interest-earning assets   $ 4,808,213     $ 4,798,021     $ 4,785,558     $ 4,803,145     $ 4,775,505  
                                             

    ____________________________________

    * Annualized measure.

    (1) On a tax-equivalent basis assuming a federal income tax rate of 21% and a state tax rate of 9.5%. 

    Reconciliation of Non-GAAP Financial Measures –
    Efficiency Ratio (Tax-equivalent Basis) and Adjusted Efficiency Ratio (Tax-equivalent Basis)
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands)   June 30,
    2025
      March 31,
    2025
      June 30,
    2024
        2025       2024  
                         
    Total noninterest expense   $ 31,914     $ 31,935     $ 30,509     $ 63,849     $ 61,777  
    Less: amortization of intangible assets     694       695       710       1,389       1,420  
    Noninterest expense excluding amortization of intangible assets   $ 31,220     $ 31,240     $ 29,799     $ 62,460     $ 60,357  
                         
    Net interest income   $ 49,658     $ 48,708     $ 47,028     $ 98,366     $ 93,716  
    Total noninterest income     9,140       9,306       9,610       18,446       15,236  
    Operating revenue     58,798       58,014       56,638       116,812       108,952  
    Tax-equivalent adjustment (1)     548       545       553       1,093       1,128  
    Operating revenue (tax-equivalent basis) (1)     59,346       58,559       57,191       117,905       110,080  
    Less: adjustments to noninterest income                    
    Gains (losses) on closed branch premises     (50 )     59             9       (635 )
    Realized gains (losses) on sales of securities                             (3,382 )
    Mortgage servicing rights fair value adjustment     (751 )     (308 )     (97 )     (1,059 )     (17 )
    Total adjustments to noninterest income     (801 )     (249 )     (97 )     (1,050 )     (4,034 )
    Adjusted operating revenue (tax-equivalent basis) (1)   $ 60,147     $ 58,808     $ 57,288     $ 118,955     $ 114,114  
                         
    Efficiency ratio     53.10 %     53.85 %     52.61 %     53.47 %     55.40 %
    Efficiency ratio (tax-equivalent basis) (1)     52.61       53.35       52.10       52.97       54.83  
    Adjusted efficiency ratio (tax-equivalent basis) (1)     51.91       53.12       52.02       52.51       52.89  
                                             

    ____________________________________
    (1) On a tax-equivalent basis assuming a federal income tax rate of 21% and a state tax rate of 9.5%.

    Reconciliation of Non-GAAP Financial Measures –
    Ratio of Tangible Common Equity to Tangible Assets and Tangible Book Value Per Share
    (dollars in thousands, except per share data)   June 30,
    2025
      March 31,
    2025
      June 30,
    2024
                 
    Tangible Common Equity            
    Total stockholders’ equity   $ 580,897     $ 565,057     $ 509,469  
    Less: Goodwill     59,820       59,820       59,820  
    Less: Intangible assets, net     16,454       17,148       19,262  
    Tangible common equity   $ 504,623     $ 488,089     $ 430,387  
                 
    Tangible Assets            
    Total assets   $ 5,018,398     $ 5,092,192     $ 5,006,199  
    Less: Goodwill     59,820       59,820       59,820  
    Less: Intangible assets, net     16,454       17,148       19,262  
    Tangible assets   $ 4,942,124     $ 5,015,224     $ 4,927,117  
                 
    Total stockholders’ equity to total assets     11.58 %     11.10 %     10.18 %
    Tangible common equity to tangible assets     10.21       9.73       8.74  
                 
    Shares of common stock outstanding     31,495,434       31,631,431       31,559,366  
                 
    Book value per share   $ 18.44     $ 17.86     $ 16.14  
    Tangible book value per share     16.02       15.43       13.64  
                             
    Reconciliation of Non-GAAP Financial Measures –
    Return on Average Tangible Common Equity,
    Adjusted Return on Average Stockholders’ Equity and Adjusted Return on Average Tangible Common Equity
        Three Months Ended   Six Months Ended June 30,
    (dollars in thousands)   June 30,
    2025
      March 31,
    2025
      June 30,
    2024
        2025       2024  
                         
    Average Tangible Common Equity                    
    Total stockholders’ equity   $ 572,505     $ 554,715     $ 501,837     $ 563,659     $ 497,906  
    Less: Goodwill     59,820       59,820       59,820       59,820       59,820  
    Less: Intangible assets, net     16,782       17,480       19,605       17,130       19,970  
    Average tangible common equity   $ 495,903     $ 477,415     $ 422,412     $ 486,709     $ 418,116  
                         
    Net income   $ 19,230     $ 19,075     $ 18,070     $ 38,305     $ 33,328  
    Adjusted net income     19,803       19,253       18,139       39,056       36,212  
                         
    Return on average stockholders’ equity *     13.47 %     13.95 %     14.48 %     13.70 %     13.46 %
    Return on average tangible common equity *     15.55       16.20       17.21       15.87       16.03  
                         
    Adjusted return on average stockholders’ equity *     13.87 %     14.08 %     14.54 %     13.97 %     14.63 %
    Adjusted return on average tangible common equity *     16.02       16.36       17.27       16.18       17.42  

    ____________________________________

    * Annualized measure.

    The MIL Network

  • MIL-OSI Russia: Marat Khusnullin: About 2.5 million square meters of asphalt concrete were laid during the reconstruction of a section of the M-3 “Ukraine” highway

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    On the federal highway M-3 “Ukraine” the implementation of a large-scale project to reconstruct the section from the 65th km to the 124th km in the Kaluga region continues

    On the federal highway M-3 “Ukraine” the implementation of a large-scale project to reconstruct the section from the 65th km to the 124th km from the village of Bekasovo in the Moscow region to the city of Maloyaroslavets in the Kaluga region continues. To date, a total of about 2.5 million square meters of asphalt concrete have been laid at the site. This was reported by Deputy Prime Minister Marat Khusnullin.

    “Road renovation is necessary to improve transport accessibility in the regions. This increases the comfort of people’s lives, road safety and stimulates territorial development. On the M-3 “Ukraine” highway, reconstruction of the section from the 65th to the 124th km from the village of Bekasovo in the Moscow region to the city of Maloyaroslavets in the Kaluga region is ongoing. From the 65th to the 102nd km, three lanes will be arranged in each direction, from the 102nd to the 124th km – two lanes. In addition, secondary passages for local transport will appear in populated areas. During the reconstruction, overhead pedestrian crossings and interchanges will be built to eliminate intersections with other roads at the same level. High-speed traffic without traffic lights will be ensured. This will allow transit transport to pass freely without interfering with the movement of residents of Naro-Fominsk, Balabanovo and Obninsk. The reconstruction work is carried out in two stages and is distributed across the territories of the two regions. A total of about 2.5 million square meters of asphalt concrete has already been laid at the site, which is 553 thousand. t,” said Marat Khusnullin.

    The Deputy Prime Minister added that the roadbed construction work on the section from the 65th to the 86th km is nearing completion, the road surface is 68% complete – this is 353 thousand tons of asphalt concrete layers. All three interchanges are currently being actively built. The overall readiness on the first section from the 65th to the 86th km within the Moscow Region is 65%, and on the second section on the territory of the Kaluga Region from the 86th to the 124th km, the work has been completed by 25% of the planned volume.

    Also, 28 km of parapet fencing out of the planned 39 km have been installed here today. At the same time, the installation of culverts is at a high level of readiness.

    On the section from the 86th to the 124th km, 1.19 million cubic meters of roadbed were filled, 200 thousand tons of asphalt concrete were installed. Also, specialists began construction of reinforced soil embankments, which pass through the entire city of Balabanovo and partially through the city of Obninsk.

    The head of the state company Avtodor, Vyacheslav Petushenko, specified that a total of 33 artificial structures are being erected at the site. These are bridges, overpasses, an overpass, and overground pedestrian crossings.

    “The first stage of reconstruction in the Moscow Region involves the construction of eight artificial structures, five of which are in a high state of readiness. It should be noted that in general in this region we have reached the final stage of construction and installation works. As for the second stage, on the site within the borders of the Kaluga Region it is planned to build 25 artificial structures, including 15 overpasses, one flyover, three bridges and six overground pedestrian crossings. It is noteworthy that the spans of these overground pedestrian crossings are made of wood-composite materials, ensuring their environmental friendliness. Work is currently underway on 23 structures. At the same time, we are building reinforced soil retaining walls in Balabanovo and Obninsk with overpasses providing passage for local residents,” noted Vyacheslav Petushenko.

    Currently, over a thousand people and more than 300 units of special equipment are involved in the project.

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

    .

    MIL OSI Russia News

  • MIL-OSI United Kingdom: UK ramps up Ukraine military support with £150 million of vital air defence and artillery ammunition delivered in just two months

    Source: United Kingdom – Government Statements

    Press release

    UK ramps up Ukraine military support with £150 million of vital air defence and artillery ammunition delivered in just two months

    More than £150 million worth of air defence and artillery has been delivered to Ukraine in the last two months, as procurement of hundreds of air defence missiles and thousands of rounds of artillery to provide to Ukraine ramps up.

    At least £700 million of this support is set to be spent this year on air defence and artillery ammunition including the £150 million already delivered – with other funding going towards procuring more drones, as well as critical contracts to maintain and repair UK weapons already provided to Ukraine, allowing damaged equipment to return to the frontline as quickly as possible.

    With Putin repeatedly targeting Ukraine’s cities in recent weeks with the most intense aerial bombardment since the beginning of the full-scale invasion in 2022, the UK is joining the US and European nations in ramping up deliveries of vital air defence.

    The UK signed an agreement with Ukraine in May to provide an additional £2.26 billion worth of military support that will be repaid using funds raised from immobilised Russian assets, with more than two-thirds of the money allocated for procurement of weapons and munitions in just two months.

    The deal delivers on this Government’s Plan for Change, by spending more on defence and creating jobs we will keep the country safe and boost economic growth. 

    The Defence Secretary will make the announcement at the 29th meeting of the 50-nation strong Ukraine Defence Contact Group (UDCG) which he will chair virtually on Monday alongside German Defence Minister, Boris Pistorius.

    Opening the UDCG meeting, Defence Secretary, John Healey MP, is expected to say:

    Last week, President Trump announced a new plan for large scale NATO weapons transfers and committed to getting these “quickly distributed to the battlefield”.

    The UK government backs this policy, and we will play our full part in its success to bolster Ukraine’s immediate fight and to support our own and wider European security.

    Alongside this, the US has started the clock on a 50-day deadline for Putin to agree to peace or face crippling economic sanctions.

    As members of the Ukraine Defence Contact Group, we need to step up in turn with a “50-day drive” to arm Ukraine on the battlefield and force Putin to the negotiating table.

    It comes as the UK also completed delivery of nearly 50,000 military drones to Ukraine in under six months, in addition to 20,000 drones provided in the same period via the UK-Latvia co-led drone coalition, working closely with British defence companies to speed up procurement and delivery. The UK has committed £350 million this year to increase the supply of drones from 10,000 in 2024 to 100,000 in 2025.

    At the meeting, the UK and Germany will announce a new agreement to partner in providing critical air defence ammunition to Ukraine. Germany will provide more than 170 million Euros worth of funding, which the UK will use to rapidly procure air defence ammunition via the UK-led International Fund for Ukraine for delivery in the coming months. This supports the aims of the Integrated Air and Missile Defence Capability Coalition, co-led by Germany and France.

    The UK’s military support for Ukraine this year is more than ever before, with £4.5 billion allocated for this financial year. In March, the Prime Minister announced a historic £1.6 billion deal to provide more than five thousand air defence missiles for Ukraine.

    Last month, the Prime Minister announced a landmark agreement between the UK and Ukraine to share battlefield technology, boosting Ukraine’s drone production and linking up the UK’s defence industry with the cutting-edge technology being developed on the front lines in Ukraine.

    Updates to this page

    Published 21 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Europe: EU adopts new sanctions against Russia

    Source: Government of Sweden

    The EU has today adopted an 18th sanctions package in response to Russia’s war of aggression against Ukraine. This package contains a number of new and expanded measures to limit Russia’s energy revenues and the shadow fleet. These measures include lowering the oil price cap from USD 60 to USD 47.6 per barrel.

    MIL OSI Europe News

  • MIL-OSI China: Russia says open to talks with Ukraine, but insists on its goals

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

    Russia is ready to move quickly toward a settlement on Ukraine, but the main objective is to achieve its goals, Kremlin spokesperson Dmitry Peskov said Sunday.

    President Vladimir Putin “has repeatedly spoken of his desire to bring the Ukrainian settlement to a peaceful conclusion as soon as possible,” Peskov told state television in an interview. “This is a long process, it requires effort, and it is not easy.”

    “Our goals are clear, they are obvious, they do not change,” he added.

    Russian officials have said repeatedly that any peace deal hinges on Ukraine withdrawing forces from four regions, renouncing its NATO bid and halting NATO troop deployments.

    Ukrainian President Volodymyr Zelensky said on Saturday that his officials have proposed holding a new round of peace talks with Moscow this week. “Everything should be done to achieve a ceasefire,” he said in his evening address to the nation.

    On July 14, U.S. President Donald Trump, during a meeting with NATO Secretary General Mark Rutte in the Oval Office, said the United States will send weapons to Ukraine through NATO, and threatened “severe tariffs” targeting Russia if a ceasefire deal is not reached in 50 days.

    Russia rejected Trump’s 50-day ultimatum, dismissing the threat as unacceptable. 

    MIL OSI China News

  • MIL-OSI United Kingdom: Fundamental lethality shift for British Army spearheaded by novel targeting tech ‘ASGARD’

    Source: United Kingdom – Executive Government & Departments

    Press release

    Fundamental lethality shift for British Army spearheaded by novel targeting tech ‘ASGARD’

    British Army showcase new technology that improves the accuracy of targeting enemies and reduces decision-making time for strikes.

    A pioneering digital targeting web, called ASGARD, has been showcased this week, following successful trials by British soldiers deployed on NATO’s eastern flank. The project will enable soldiers to rapidly find and strike enemy targets at greater distances than ever before.  

    Following the Strategic Defence Review, the Army will deliver a tenfold increase in lethality over the next ten years by harnessing firepower, surveillance technology, autonomy, digital connectivity, and data – leading the way in NATO in its use of technology to change how it fights, improving speed and accuracy. ASGARD will exploit AI and novel communications networks, providing rapid targeting and decision-support to personnel.        

    The Ministry of Defence is committing funding for the next phase of ASGARD’s development. This will allow the Army to expedite its lethality and deepen its links with society through partnership with British industry, delivering on the Government’s Plan for Change by keeping the UK secure at home and strong abroad.           

    Minister for Defence Procurement and Industry, Rt Hon Maria Eagle MP said: 

    We are learning the lessons from Ukraine so our frontline personnel can strike further and faster and maintain advantage over our adversaries.  

    ASGARD exemplifies the vision of the Strategic Defence Review, with speed and world-class capability achieved by bringing together military, Government and industry professionals with a focus on rapid frontline delivery.

    ASGARD forms part of the work to create a wider digital targeting web across the UK’s Armed Forces by 2027, backed by more than £1 billion in funding. It will better connect military weapons systems and allow battlefield decisions for targeting enemy threats to be made and executed faster.   

    ASGARD was showcased this week to international allies and industry partners in London, with participants shown the capability in action, including its overwhelming effect on adversaries. 

    Chief of the General Staff, General Sir Roly Walker said:  

    Project ASGARD proves we can do things differently. It’s not just a pathfinder for transformation; it’s a transformation in how we find, fund, and fight with cutting-edge capabilities. 

    ASGARD helps double our lethality and exponentially reduces the time to see, decide, and strike. What took hours, now takes minutes. Today, the UK possesses a similar Recce-Strike system to the one used by Ukraine to maul Russian forces in the Donbas. That system now sits at the heart of our Forward Land Forces in Estonia. 

    We are particularly proud of the collaboration between tacticians and technicians, between Defence and Industry, and the support of and to small and medium enterprises and jobs across the UK.

    Using a novel acquisition approach, ASGARD was first announced by the Defence Secretary in October 2024 and progressed at an unprecedented pace, with contracts awarded in January 2025 and a prototype capability deployed only four months later for NATO Exercise Hedgehog in Estonia. ASGARD’s capabilities were successfully tested, increasing the UK and NATO Armies’ lethality by improving targeting precision and significantly cutting decision-making time. 

    This quick turn-around was achieved through a collaboration between industry technicians and military tradecraft experts, bringing together a consortium of military, civil service and industry partners to deliver the best possible product in the shortest amount of time. 

    The Strategic Defence Review recommended a shift towards greater use of autonomy and Artificial Intelligence within the UK’s conventional forces, facilitated by a Digital Targeting Web. The next phase of ASGARD will deliver on this, focusing on enhancing the lethality at the Corps and Divisional levels as the Army’s contribution to the Defence Targeting Web. It will exploit the Digital Decision Accelerators from the Defence Commercial framework to harness the talents across a broader array of industry partners to improve core capability. 

    Updates to this page

    Published 20 July 2025

    MIL OSI United Kingdom

  • MIL-OSI USA News: President Trump Marks Six Months in Office with Historic Successes

    Source: US Whitehouse

    Today, President Donald J. Trump celebrates the most successful first six months in office for any President in modern American history.

    • Congress passed the One Big Beautiful Bill, thereby delivering the largest tax cut in American history, increasing Americans’ take-home pay by as much as $13,300, and terminating benefits for at least 1.4 million illegal immigrants who were gaming the system.
    • Congress passed President Trump’s historic rescissions package, which will save taxpayers $9 billion in wasteful, politically-motivated funding for leftwing foreign aid scams and biased NPR and PBS.
    • The wholesale price of a dozen eggs is down 53%, or $3.09, since the inauguration and is down 62%, or $5.08, from its March peak.
    • The U.S. economy has now added a net of 671,000 jobs since January 2025, with jobs numbers beating expectations four months in a row. Native-born workers have accounted for all job gains, with native-born employment increasing 2,079,000 while foreign-born employment has fallen 543,000.
    • U.S. Customs and Border Patrol encountered just 6,070 illegal immigrants at the southern border in June — setting a new record low (15% lower than the previous record set in March). Additionally, zero illegal immigrants were released into the U.S. on parole in June, compared to 27,766 a year prior.
    • The administration has ramped up deportations, breaking a record for the number of deportation flights in a month in June. President Trump’s self-deportation push has also been a massive success. Additionally, over 600 known and suspected terrorists have been removed from the United States.
    • At President Trump’s direction, U.S. Immigrations and Customs Enforcement has arrested over 100,000 illegal alien criminals, including over 2,700 members of the vicious Tren de Aragua gang.
    • Following President Trump’s declaration of an energy emergency, the U.S. has reached its fastest rate of new oil and gas drilling permits in years, exceeding the Biden administration by 44%.
    • Since President Trump took office, core inflation has tracked at just 2.1% — levels not seen since the first Trump Administration, when prices were low and stable — and has come in below or at economists’ expectations every single month. Meanwhile, wholesale inflation remained flat in June, while import prices came in far below expectations.
    • Summer gas prices reached their lowest point since 2021, and, inflation-adjusted, are near a 20-year low.
    • President Trump’s deregulatory efforts have already saved Americans over $180 billion, or $2,100 per family of four, with the rollback of automobile-related rules alone expected to save consumers more than $1.1 trillion.
    • President Trump secured a historic agreement for NATO members to raise defense spending to 5% of GDP – a foreign policy feat long thought impossible.
    • Under President Trump’s strong and decisive leadership, the U.S. obliterated Iran’s nuclear program.
    • President Trump secured ceasefires between India and Pakistan and Israel and Iran, a peace agreement between Rwanda and the Democratic Republic of Congo, and a pathway to stability for Syria.
    • As a result of his historic peacemaking efforts, President Trump has already received three Nobel Peace Prize nominations since returning to office.
    • In May, blue-collar wage growth saw its largest increase in nearly 60 years since President Trump’s return to office.
    • Companies and foreign governments have pledged over $7.6 trillion in investments into the U.S.
    • The U.S. Treasury has taken in nearly $90 billion in tariff duties since January 2025, with the agency posting a record $27.2 billion surplus in June – the first June surplus since 2005.
    • President Trump has once again proved to be the Dealmaker-in-Chief, inking a minerals deal with Ukraine, a $14 billion “perpetual Golden Share” sale of U.S. Steel, and trade deals with the United Kingdom, China, and Indonesia.
    • President Trump has signed over 170 executive orders, delivering on key campaign promises such as closing the border, protecting children from chemical and surgical mutilation, removing men from women’s sports, unleashing American energy, ending federal censorship, ending the radical indoctrination in K-12 schooling, and ending radical and wasteful government DEI programs and preferencing.
    • The S&P 500 and Nasdaq market indices have reached multiple record highs.
    • The Supreme Court consistently bolstered the Trump administration’s agenda, blocking activist judges from issuing nationwide injunctions, permitting “third-country deportations,” greenlighting the revocation of temporary protected status (TPS) from more than 500,000 migrants and approving efforts to shrink the federal bureaucracy.
    • President Trump signed several pieces of landmark legislation, including the Genius Act, the Halt Fentanyl Act, the Laken Riley Act, and the Take It Down Act.
    • The U.S. Army, Navy, Air Force and Space Force all reached their recruitment goals months in advance.
    • The Trump administration has made incredible strides in its effort to Make America Healthy Again, with roughly 35% of the American food industry making a commitment to eliminate the use of artificial dyes, including Hershey, Consumer Brands and dozens of ice cream companies representing more than 90% of the ice cream volume sold in the U.S.
    • President Trump has ensured U.S. benefit programs serve U.S. citizens, with the administration now having protected more than $40 billion in benefit programs from illegal aliens since POTUS signed an Executive Order in February “Ending Taxpayer Subsidization of Open Borders.”
    • President Trump inked an agreement to provide billions of dollars of military equipment to Ukraine, with NATO footing the bill.
    • President Trump has cracked down on international cartels, designating eight Latin American cartels as terrorist groups, including Tren de Aragua, MS-13 and the Sinaloa Cartel.
    • President Trump has solidified the U.S.’s position as the world leader in artificial intelligence, attracting north of $1 trillion in AI investment, including $90 billion in groundbreaking AI and energy investments in Pennsylvania.
    • The U.S. is on track for its lowest murder rate on record following President Trump’s reinstatement of law and order.
    • Following President Trump’s February executive order, universities and school systems have stopped allowing men in women’s sports, including the University of Pennsylvania, the Virginia High School League and the University of Maine System.
    • Hospitals and hospital systems across the country have halted so-called “gender-affirming care” for minors following President Trump’s executive order “protecting children from chemical and surgical mutilation.”
    • In his first six months, President Trump has met with 23 foreign leaders, including three visits from Israeli Prime Minister Benjamin Netanyahu, as well as two visits from the NATO Secretary General — compared to thirteen foreign leaders and the UN Secretary General, the NATO Secretary General, and the Chinese Foreign Minister for Obama and just five in-person visits for Biden. 

    MIL OSI USA News

  • MIL-OSI Russia: Russian President’s Press Secretary Calls Trend of “Militaristic Ecstasy” in Europe Dangerous

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    Moscow, July 20 /Xinhua/ — Russian presidential press secretary Dmitry Peskov, speaking about the “anti-Russian militaristic ecstasy” in Europe over the issue of arms supplies to Ukraine, called this a very dangerous trend in general, which Russia takes into account and makes its plans based on it.

    “Anti-Russian and militaristic ecstasy, thank God, has not yet found common understanding.” “But the trend as a whole is, of course, very bad and very dangerous,” the Kremlin spokesman said in an interview with the author and co-host of the program “Moscow. Kremlin. Putin” Pavel Zarubin.

    “And we see this, we take this into account and proceed from this when drawing up our future plans,” D. Peskov pointed out.

    As he noted, a number of Western countries “are creating an enemy for themselves, conducting such concentrated professional work both in their own society and abroad in order to present Russia as the spawn of hell.” “And in order to ensure the continuation of the war, in order to suppress Russia, this discussion is taking place about who will pay for the holiday,” added the press secretary of the Russian president.

    D. Peskov noted that Germany is the economic locomotive of Europe, but it cannot bear the burden of paying for arms supplies to Ukraine alone.

    Commenting on the statements of US President Donald Trump on the Ukrainian settlement, D. Peskov stated that “Russia is ready to move quickly. The main thing for us is to achieve our goals.”

    “Our goals are clear, they are obvious, they do not change,” he emphasized.

    According to Russian media, in March the European Union, under the pretext of a threat from Russia and Belarus, agreed on a plan to militarize Europe. The EU announced an increase in military spending and the development of circular defense plans.

    D. Trump announced on July 14 that the United States would sell modern weapons to NATO member states for delivery to Ukraine. Western media reported that Hungary, Italy and France refused to finance such purchases. –0–

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

    .

    MIL OSI Russia News

  • Kremlin says Putin is ready to discuss peace in Ukraine but wants to achieve goals

    Source: Government of India

    Source: Government of India (4)

    Russian President Vladimir Putin is ready to move toward a peace settlement for Ukraine but Moscow’s main objective is to achieve its goals, Kremlin spokesman Dmitry Peskov told state television in a clip published on Sunday.

    Peskov said that the world was now accustomed to U.S. President Donald Trump’s sometimes “harsh” rhetoric but pointed out that Trump had also underscored in comments on Russia that he would continue to search for a peace deal.

    “President Putin has repeatedly spoken of his desire to bring the Ukrainian settlement to a peaceful conclusion as soon as possible. This is a long process, it requires effort, and it is not easy,” Peskov said told state television reporter Pavel Zarubin.

    “The main thing for us is to achieve our goals. Our goals are clear,” Peskov said.

    -Reuters

  • MIL-OSI Russia: Ukraine has proposed that Russia hold another round of peace talks next week

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    KYIV, July 20 (Xinhua) — Newly appointed Secretary of the National Security and Defense Council of Ukraine Rustem Umerov has proposed that Russia hold another round of peace talks next week, Ukrainian President Volodymyr Zelensky said on Telegram on Saturday evening.

    The Ukrainian leader stressed the need to increase the dynamics of negotiations and do everything possible to cease fire.

    Among the most pressing issues that Kyiv would like to discuss at the next stage of peace negotiations, V. Zelensky named the exchange of prisoners and the prevention of deaths.

    He also stressed that to ensure truly lasting peace, Ukraine and Russia should organize a meeting at the level of leaders.

    The previous round of peace talks between Kyiv and Moscow took place on June 2 in Istanbul. –0–

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

    .

    MIL OSI Russia News

  • MIL-OSI China: Ukraine proposes fresh talks with Russia next week

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

    Ukrainian President Volodymyr Zelensky is seen before a European Council summit in Brussels, Belgium, June 27, 2024. [Photo/Xinhua]

    Ukrainian President Volodymyr Zelensky said Saturday that Kiev has proposed to hold a new round of peace talks with Moscow next week.

    Rustem Umerov, who headed the Ukrainian delegation in the previous two talks in Istanbul, had sent the Russian side the offer to hold the meeting next week, Zelensky said in his evening address to the nation.

    “The momentum of the negotiations must be stepped up,” Zelensky said. “Everything should be done to achieve a ceasefire.”

    Umerov, the former defense minister, was just appointed by the Ukrainian president as secretary of the National Security and Defense Council on Friday.

    Russia on Tuesday rejected U.S. President Donald Trump’s 50-day ultimatum to agree to a Ukraine ceasefire, dismissing the threat of “severe tariffs” as unacceptable.

    Russian Deputy Foreign Minister Sergey Ryabkov emphasized that Moscow favors a diplomatic resolution to the Ukraine conflict and is ready to negotiate.

    MIL OSI China News

  • MIL-OSI Africa: Aid cuts leave refugee agency unable to shelter six in 10 fleeing war in Sudan

    Source: APO


    .

    Major cuts to aid budgets have already left people fleeing wars in Sudan and beyond without the assistance and protection they need, the UN refugee agency, UNHCR, said on Friday.

    Globally, $1.4 billion of the agency’s programmes are being shuttered or put on hold, UNHCR said in a new report.

    “We can’t stop water, you can’t stop sanitation, but we’re having to take decisions when it comes, for example, to shelter,” said UNHCR Director of External Relations Dominique Hyde.

    “We’re have people arriving on a daily basis from Sudan, from the Darfur regions…arriving in Chad, not able to be given any shelter.”

    In an urgent appeal for flexible funding from donors, Ms. Hyde noted that up to 11.6 million refugees and others risk losing access this year to direct humanitarian assistance from UNHCR. The figure represents about one third of those reached by the organization last year.

    On the Sudan-Chad border, the UN agency is now unable to provide “even basic shelter” to more than six in 10 refugees fleeing the conflict. Thousands more vulnerable people have been left stranded in remote border locations in South Sudan too. “If we just had a bit more support, we could get them to settlements,” she insisted.

    Because of the funding cuts, basic activities have already been hit hard. These include refugee registration, child protection, legal counselling and prevention of and responses to gender-based violence.

    All aid sectors hit

    In South Sudan, 75 per cent of safe spaces for women and girls supported by UNHCR have closed. That means leaving up to 80,000 refugee women and girls without access to medical care, psychosocial support, legal aid, material support or income-generating activities. This includes survivors of sexual violence, UNHCR noted.

    “Behind these numbers are real lives hanging in the balance,” Ms. Hyde said.

    “Families are seeing the support they relied on vanish, forced to choose between feeding their children, buying medicines or paying rent, while hope for a better future slips out of sight. Every sector and operation has been hit and critical support is being suspended to keep lifesaving aid going.”

    Libya influx

    Many of those impacted by the war in Sudan have taken the decision to move from Chad and Egypt to Libya, into the hands of people smugglers who dangerously overload boats with desperate people seeking to cross the Mediterranean Sea to Europe.

    “What we’re observing now is that in terms of arrivals in Europe of…Sudanese refugees, [it] has increased since the beginning of the year by about 170 per cent compared to the first six months of 2024,” said UNHCR spokesperson Olga Sarrado.

    Support slashed from Niger to Ukraine

    In camps hosting Myanmar’s Rohingya refugees in Bangladesh, education for some 230,000 children could now be suspended. Meanwhile in Lebanon “UNHCR’s entire health programme is at risk of being shuttered by the end of the year,” Ms. Hyde continued.

    In Niger and other emergency settings, cuts in financial aid for shelter have left families in overcrowded structures or at risk of homelessness. In Ukraine, financial aid has also been slashed, “leaving uprooted families unable to afford rent, food or medical treatment”, she noted.

    Assistance to returning Afghans has also become another victim of global aid cuts. Around 1.9 million Afghan nationals have returned home or been forced back since the start of the year, “but financial aid for returnees is barely enough to afford food, let alone rent, undermining efforts to ensure stable reintegration”, UNHCR said.

    Legal aid halted

    Overall, several UNHCR operations hit by severe funding gaps have now had to curtail investments in strengthening asylum systems and promoting regularisation efforts.

    In Colombia, Ecuador, Costa Rica and Mexico, any prolonged lack of legal status means prolonged insecurity for people on the move, the UN agency said. This results in deepening poverty “as refugees are excluded from formal employment and greater exposure to exploitation and abuse”, Ms. Hyde explained.

    Approximately one in three of the agency’s 550 offices around the world has been impacted by the cuts, Ms. Hyde told journalists in Geneva:

    “We’re not in a position to do so much contingency planning; what we’re able to do is make decisions on priorities and, at this point, the priorities as I mentioned are dramatic.”

    For 2025, UNHCR needs $10.6 billion. Only 23 per cent of this amount has been provided.

    “Against this backdrop, our teams are focusing efforts on saving lives and protecting those forced to flee,” Ms. Hyde said. “Should additional funding become available, UNHCR has the systems, partnerships and expertise to rapidly resume and scale up assistance.”

    Distributed by APO Group on behalf of UN News.

    MIL OSI Africa

  • MIL-Evening Report: Systematic bias: how Western media reproduces the Israeli narrative

    COMMENTARY: By Refaat Ibrahim

    “If words shape our consciousness, then the media holds the keys to minds.”

    This sentence is not merely a metaphor, but a reality we live daily in the coverage of the Israeli aggression on Gaza, where the crimes of the occupation are turned into “acts of violence”, the siege targeting civilians into “security measures”, and the legitimate resistance into “terrorist acts”.

    This linguistic distortion is not innocent; it is part of a “systematic mechanism” practised by major Western media outlets, through which they perpetuate a false image of a “conflict between two equal sides”, ignoring the fact that one is an occupier armed with the latest military technology, and the other is a people besieged in their land for decades.

    Here, the ethical question becomes urgent: how does the media shift from conveying truth to becoming a tool for justifying oppression?

    Western media institutions promote a colonial narrative that reproduces the discourse of Israeli superiority, using linguistic and legal mechanisms to justify genocide.

    But the rise of global awareness through social media platforms and documentaries like We Are Not Numbers, produced by youth in Gaza, exposes this bias and brings the Palestinian narrative back to the forefront.

    Selective coverage . . .  when injustice becomes an opinion
    “Terrorism”, “self-defence”, “conflict” . . . are all terms that place the responsibility for violence on Palestinians while presenting Israel as the perpetual victim. This linguistic shift contradicts international law, which considers settlements a war crime (according to Article 8 of the Rome Statute), yet most reports avoid even describing the West Bank as “occupied territory”.

    More dangerously, the issue is reduced to “violent events” without mentioning their contexts: how can the Palestinian people’s resistance be understood without addressing 75 years of displacement and the siege of Gaza since 2007? The media is like someone commenting on the flames without mentioning who ignited them.

    The Western media coverage of the Israeli war on Gaza represents a blatant model of systematic bias that reproduces the Israeli narrative and justifies war crimes through precise linguistic and media mechanisms. Below is a breakdown of the most prominent practices:

    Stripping historical context and portraying Palestinians as aggressor

    Ignoring the occupation: Media outlets like the BBC and The New York Times ignored the Israeli occupation of Palestinian territories since 1948 and focused on the 7 October 2023 attack as an isolated event, without linking it to the daily oppression such as home demolitions and arrests in Jerusalem and the West Bank.

    Misleading terms: The war has often been described as a “conflict between Israel and Hamas”, while Gaza is considered the largest open-air prison in the world under Israeli siege since 2007. Example: The Economist described Hamas’s attacks as “bloody”, while Israeli attacks were called “military operations”.

    Dehumanising Palestinians
    Language of abstraction: The BBC used terms like “died” for Palestinians versus “killed” for Israelis, according to a quantitative study by The Intercept, weakening sympathy for Palestinian victims.

    Victim portrayal: While Israeli death reports included names and family ties (like “mother” or “grandmother”), Palestinians were shown as anonymous numbers, as seen in the coverage of Le Monde and Le Figaro.

    Israeli political rhetoric: Media outlets reported statements by Israeli leaders such as dismissed defence minister Yoav Gallant, who described Palestinians as “human animals”, and Benjamin Netanyahu, who called them “children of darkness”, without critically analysing this rhetoric that strips them of their humanity.

    Distorting resistance and linking it to terrorism
    Misleading comparisons: The October 7 attack was compared to “9/11” and described as a “terrorist attack” in The Washington Post and CNN, reinforcing the “war on terror” narrative and justifying Israel’s excessive response.

    Fake news: Papers like The Sun and Daily Mail promoted the story of “beheaded Israeli babies” without evidence, a story even adopted by US president Joe Biden, only to be disproven later by videos showing Hamas’ humane treatment of captives.

    Selective coverage and suppression of the Palestinian narrative
    Silencing journalists: Journalists such as Zahraa Al-Akhras (Global News) and Bassam Bounni (BBC) were dismissed for criticising Israel or supporting Palestine, while others were pressured to adopt the Israeli narrative.

    Defaming Palestinian institutions: The New York Times and The Wall Street Journal claimed the Palestinian death toll figures were “exaggerated”, ignoring UN and human rights organisations’ reports that confirmed their accuracy.

    Manipulating legal and ethical terms
    Denying war crimes: Deutsche Welle stated that Israeli attacks are “not considered war crimes”, despite the destruction of hospitals and the killing of tens of thousands of civilians.

    Legal misinformation: The BBC referred to Israeli settlements in the West Bank as “disputed territories”, despite the UN declaring them illegal.

    Double standards in conflict coverage
    Comparison with Ukraine: Western media linked support for Ukraine and Israel as “victims of aggression”, while ignoring that Israel is an occupying power under international law. Terminology shifted immediately: “invasion”, “war crimes”, “occupation” were used for Ukraine but omitted when speaking of Palestine.

    According to a 2022 study by the Arab Media Monitoring Project, 90 percent of Western reports on Ukraine used language blaming Russia for the violence, compared to only 30 percent in the Palestinian case.

    This contradiction exposes the underlying “racist bias”: how is killing in Europe called “genocide”, while in Gaza it is termed a “complicated conflict”? The answer lies in the statement of journalist Mika Brzezinski: “The only red line in Western media is criticising Israel.”

    False neutrality: Sky News claimed it “could not verify” the Baptist Hospital massacre, despite video documentation, yet quickly adopted the Israeli narrative.

    Consequences: legitimising genocide and marginalising Palestinian rights
    Western media practices have contributed to normalising Israeli violence by portraying it as “legitimate defence”, while resistance is labelled as “terrorism.”

    Deepening Palestinian isolation: By stripping them of the right to narrate, as shown in an academic study by Mike Berry (Cardiff University), which found emotional terms used exclusively to describe Israeli victims.

    Undermining international law: By ignoring reports from organisations like Human Rights Watch and Amnesty International, which confirm Israel’s commission of war crimes.

    Violating journalistic ethics . . .  when the journalist becomes the occupation’s lawyer
    Journalistic codes of ethics — such as the charter of the “International Federation of Journalists” — unanimously agree that the media’s primary task is “to expose the facts without fear”. But the reality proves the opposite:

    In 2023, CNN deleted an interview with a Palestinian survivor of the Jenin massacre after pressure from the Israeli lobby (according to an investigation by Middle East Eye).

    The Guardian was forced to edit the headline of an article that described settlements as “apartheid” after threats of legal action.

    This self-censorship turns journalism into a “copier of official statements”, abandoning the principle of “not compromising with ruling powers” emphasised by the “International Journalists’ Network”.

    Toward human-centred journalism
    Fixing this flaw requires dismantling biased language: replacing “conflict” with “military occupation”, and “settlements” with “illegal colonies”.

    Relying on international law: such as mentioning Articles 49 and 53 of the Fourth Geneva Convention when discussing the displacement of Palestinians.

    Giving space to victims’ voices: According to an Amnesty report, 80% of guests on Western TV channels discussing the conflict were either Israeli or Western.

    Holding media institutions accountable: through pressure campaigns to enforce their ethical charters (such as obligating the BBC to mention “apartheid” after the HRW report).

    Conclusion
    The war on Gaza has become a stark test of media ethics. While platforms like Al Jazeera and Middle East Eye have helped expose violations, major Western media outlets continue to reproduce a colonial discourse that enables Israel. The greatest challenge today is to break the silence surrounding the crimes of genocide and impose a human narrative that restores the stolen humanity of the victims.

    “Occupation doesn’t just need tanks, it needs media to justify its existence.” These were the words of journalist Gideon Levy after witnessing how his camera turned war crimes into “normal news”.

    If Western media is serious about its claim of neutrality, it must start with a simple step: call things by their names. Words are not lifeless letters, they are ticking bombs that shape the consciousness of generations.

    Refaat Ibrahim is the editor and creator of The Resistant Palestinian Pens website, where you can find all his articles. He is a Palestinian writer living in Gaza, where he studied English language and literature at the Islamic University. He has been passionate about writing since childhood, and is interested in political, social, economic, and cultural matters concerning his homeland, Palestine. This article was first published at Pearls and Irritations social policy journal in Australia.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Hoeven Marks Two Major Milestones For Project Ultra, Outlines Future Of Drone & Counter-Drone Initiative

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven
    07.18.25
    Senator Highlights Weekly Unmanned Cargo Flights Between Grand Forks & Cavalier, Secured Increased $100 Million Contract Ceiling for Project ULTRA
    EMERADO, N.D. – Senator John Hoeven today outlined two major milestones for Project ULTRA, which further solidify North Dakota’s leadership in unmanned aerial systems (UAS) and counter-UAS technology development:
    Project ULTRA has started conducting unmanned cargo flights between Grand Forks Air Force Base and Cavalier Space Force Station.
    Under this initiative, the project partners will fly unmanned aircraft carrying up to 25 pounds of cargo between the two military installations on a weekly basis for the next year.
    Importantly, this is the first such UAS operation on a military base flying through the national airspace (NAS) and without a chase plane.
    By conducting such operations on a routine basis, Project ULTRA is writing the playbook for similar UAS operations at bases across the country.

    Hoeven has secured an agreement in principle with the Department of Defense (DoD) to increase the contract ceiling for Project ULTRA to $100 million, up from $18 million.
    The higher funding ceiling creates the opportunity for all military services to connect with expertise in the private sector utilizing Project ULTRA.
    This will enable DoD to more cost-effectively and quickly develop the capabilities it needs, including counter-drone technology.

    All of Project ULTRA’s funding is made available through annual defense appropriations legislation, which Hoeven helps write as a member of the Senate Defense Appropriations Committee. These efforts are further bolstered by legislation Hoeven drafted authorizing the Air Force to conduct a pilot project that would use drones to resupply remote facilities that support nuclear missiles, like those in Minot. Hoeven’s legislation is included in the Senate’s Fiscal Year (FY) 2026 National Defense Authorization Act.
    “Today marks two major milestones for Project ULTRA – the beginning of weekly UAS cargo flights between two military bases and an increase of the initiative’s contract ceiling to $100 million,” said Senator Hoeven. “We’re leveraging this funding and the ecosystem we’ve been building in our state since 2005 to connect all of our military branches with even more private sector partners to realize a wide range of new capabilities, from innovative and efficient uses of UAS to protecting our military bases against threats from drones. That’s a big deal, because drone technology is front and center everywhere you look, whether in Ukraine and Russia, the Middle East, our military or the civilian sector. North Dakota will continue leading the way, due in large part to the good work of GrandSKY, the Northern Plains UAS Test Site and their partners to deliver results for our military that are on-time and on-budget.”
    The Project ULTRA partners undertaking the unmanned cargo flights include:
    GrandSKY.
    The Northern Plains UAS Test Site.
    Grand Forks County.
    Skyways, which is providing the aircraft.
    Simulyze, which is providing the traffic management system.
    Representatives from the Air Force, Navy and NASA.

    MIL OSI USA News

  • MIL-OSI Russia: Georgia’s ruling party condemns Western pressure and stresses country’s independent foreign policy

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    TBILISI, July 18 (Xinhua) — Georgian Dream Party Chairman and Prime Minister Irakli Kobakhidze on Friday made an official statement on behalf of the party’s political council, expressing concern over the hostile campaign against Georgia.

    He stressed that unfair treatment of the Georgian government was noted after the start of the war in Ukraine. The reason for this, according to the authors of the statement, was the decision of the Georgian government not to interfere in the war and not to open a second front against Russia.

    The statement said that because of this, the United States terminated the strategic partnership agreement signed with Georgia and imposed sanctions against the founder and honorary chairman of the Georgian Dream party, Bidzina Ivanishvili, on charges of ties to Russia.

    As stated in the document, in recent weeks the European Parliament has adopted a number of resolutions condemning Georgia’s domestic policies, and measures to suspend the visa-free regime and trade agreements with the European Union are also being discussed.

    I. Kobakhidze called these actions a “hostile campaign” aimed at supporting the opposition and changing power in the country.

    The Georgian Dream party reiterated its commitment to peace, stability and the protection of the country’s sovereignty. –0–

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

    .

    MIL OSI Russia News

  • MIL-OSI Security: Armenian National Extradited to the United States Faces Federal Charges for Ransomware Extortion Conspiracy

    Source: US FBI

    PORTLAND, Ore.—An Armenian national extradited from Ukraine to the United States faces federal charges for his role in Ryuk ransomware attacks and extortion conspiracy targeting companies throughout the United States, including a technology company operating in Oregon.

    Karen Serobovich Vardanyan, 33, an Armenian national, has been charged with conspiracy, fraud in connection with computers, and extortion in connection with computers. Vardanyan was extradited from Ukraine to the United States on June 18, 2025.

    Levon Georgiyovych Avetisyan, 45, an Armenian national, has been charged with conspiracy, fraud in connection with computers, and extortion in connection with computers. Avetisyan is the subject of a United States extradition request in France. 

    Oleg Nikolayevich Lyulyava, 53, and Andrii Leonydovich Prykhodchenko, 53, both Ukrainian nationals, have been charged with conspiracy, fraud in connection with computers, and extortion in connection with computers. Lyulyava and Prykhodchenko are not in custody.

    According to court documents, between March 2019 and September 2020, Vardanyan and co-conspirators are alleged to have illegally accessed computer networks of victim companies to deploy Ryuk ransomware on hundreds of compromised servers and workstations. Ryuk ransomware is a type of malicious software designed to encrypt data on a victim’s computer or network and prevents the victim from accessing the encrypted files until a ransom is paid.

    Ryuk has been used to target thousands of victims worldwide across a variety of sectors, including private industry, state and local municipalities, local school districts, critical infrastructure, and hospitals and other healthcare services and providers. Ryuk attacks have severely disrupted these entities’ abilities to function by restricting access to data and impacting communications.

    As part of the scheme, ransom payments were extorted from victim companies in exchange for decryption keys to regain access to their data. A ransom note was placed on the computer systems demanding ransom payments in Bitcoin, a form of cryptocurrency, and provided an email address that victims could use to communicate with the cybercriminals. Vardanyan and co-conspirators are alleged to have received approximately 1,610 bitcoins in ransom payments from the victim companies, which was valued at over $15 million at the time of payment.

    Vardanyan made his first appearance in federal court June 20, 2025, before a U.S. Magistrate Judge. He was arraigned, pleaded not guilty, and ordered detained pending a seven-day jury trial scheduled to begin on August 26, 2025.

    If convicted, Vardanyan faces a maximum sentence of five years in federal prison, three years’ supervised release, and a fine of $250,000 for each count.

    The case is being investigated by the FBI. It is being prosecuted by Katherine A. Rykken, Assistant U.S. Attorney for the District of Oregon.

    The Justice Department’s Office of International Affairs provided significant assistance in securing Vardanyan’s arrest and extradition from Ukraine. The U.S. Attorney’s Office thanks the Ukrainian authorities for their assistance in this matter.

    An indictment is only an accusation of a crime, and a defendant is presumed innocent unless and until proven guilty.

    MIL Security OSI

  • MIL-OSI Europe: EU adopts 18th package of sanctions against Russia

    Source: European Commission

    European Commission Press release Brussels, 18 Jul 2025 The European Commission welcomes the Council’s adoption of the 18th Russia sanctions package, aimed at further ramping up pressure on the country and supporting EU’s goal of achieving a just and lasting peace for Ukraine.

    MIL OSI Europe News

  • MIL-OSI USA: Rep. Pettersen Votes Against Republican Defense Spending Bill

    Source: United States House of Representatives – Representative Brittany Pettersen (Colorado 7th District)

    Today, U.S. Representative Brittany Pettersen (CO-07) released the following statement after voting against Republicans’ Fiscal Year (FY) 2026 Department of Defense funding bill:

    “At a time when the United States should be showing strength and moral leadership on the global stage, this bill does the exact opposite. It abandons our allies, hands Putin a strategic win, and jeopardizes our military readiness with divisive policies and culture wars. 

    “Women and LGBTQ+ servicemembers make the same sacrifices all of our servicemembers make to defend our freedom, they all deserve our full respect. But Donald Trump has proven time and again that he does not support our troops – from calling them suckers and losers, to the devastating cuts he has made at the VA. This bill is yet another example of Trump’s horrific leadership as the Commander in Chief. This unserious funding bill is an attack on women and LGBTQ+ servicemembers, and serves as another example of Trump and his congressional leadership prioritizing culture wars instead of funding the support our troops need and deserve.

    “Despite including two of my amendments that would benefit Colorado, I could not in good conscience vote for a bill that otherwise undermines our values, weakens our global standing, and fails to support the servicemembers who put their lives on the line for this country.”

    Specifically, Republicans’ FY 26 Department of Defense spending bill:

    • Weakens Ukraine and empowers Russia by eliminating support for the Ukraine Security Assistance Initiative.
    • Undermines democracy at home and abroad by allowing disinformation and extremist views to flourish.
    • Limits women’s access to abortion by preventing service personnel from traveling to seek reproductive health care. 
    • Harms our military readiness with divisive provisions that undermine morale and fail to support our service personnel, by:
      • Continuing DOGE and the Administration’s cuts to vital civilian positions;
      • Attacking the LGBTQ+ community with hateful policies; and 
      • Banning funding for diversity, equity, and inclusion efforts.

    Two of Rep. Pettersen’s amendments were included in the FY 2026 Defense bill:

    • Pettersen’s amendment advances cutting-edge aerospace research and strengthens national security through lunar technology.
    • Pettersen’s other amendment supports using quantum computing to predict and prevent threats to our electrical grid, bolstering national security and grid resilience. 

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    To access downloadable, high-quality photos, click hereTo stay up-to-date on what Pettersen is doing in Congress, follow her on Twitter here, Facebook here, or Instagram here. Residents can also sign-up for her e-newsletter subscription here.

    MIL OSI USA News