NewzIntel.com

Category: Universities

  • MIL-OSI Africa: Nelson Mandela Bay, UNISA forge groundbreaking library partnership

    Source: Government of South Africa

    The Nelson Mandela Bay Municipality has launched a pioneering partnership with the University of South Africa (UNISA) to dramatically expand access to library services for students and the broader public within the metro.

    Launched on Tuesday at New Brighton Library, the collaboration aims to enhance educational opportunities by transforming municipal libraries into resource hubs that support both UNISA students and lifelong learners.

    Under the agreement, municipal libraries will provide free internet and computer access, designated study spaces, and serve as convenient delivery and collection points for UNISA library materials.

    Through this collaboration, the municipality’s libraries will offer internet and computer facilities, provide study spaces, and serve as convenient delivery and collection points for UNISA library materials.

    As part of the agreement, the following areas of collaboration were outlined:
    •    Reciprocal participation in annual events and programmes.
    •    ICT training and support, primarily facilitated by UNISA.
    •    Distribution of UNISA brochures, posters, and event announcements in municipal libraries, and vice versa.
    •    Free internet access and usage of electronic resources for students, including Wi-Fi, databases, electronic reserves, journals, and books.
    •    Collaboration on courier services and information dissemination.
    •    Provision of study spaces for UNISA students.
    •    Joint efforts in marketing and communication to assess student satisfaction.
    •    Collaboration on sponsorships, such as provision of computers.
    •    Sharing of reports, statistics, and information.

    Nelson Mandela Bay Municipality Executive Mayor, Babalwa Lobishe, hailed the initiative as a transformative moment for the metro’s education agenda.

    “We are not only opening library doors, but we are opening pathways to opportunity, to education, and to a better future for all. By extending the access to knowledge and technology, especially in our undeserved communities, we are affirming that education is the foundation of dignity, progress, and equality. This fits well in our efforts to build a people-centred and inclusive metro,” Lobishe said.

    UNISA Executive Director for Library Services, Professor Mpho Ngoepe echoed the mayor’s sentiments, saying the initiative marks the beginning of a journey and contributing to closing the inequality gap that leads to poverty, through knowledge and empowerment.

    “In this digital era, libraries must take intentional steps to reach users where they are. We are moving towards a time when UNISA library services will be accessible to everyone, including those who are not enrolled with UNISA.

    “This is the end of the era where universities were seen as inaccessible ivory towers. Through this partnership, we will also explore the dissemination of research outputs,” Ngoepe said.

    Member of the Mayoral Committee for Sport, Recreation, Arts and Culture, Sinesipho Kwatsha, emphasised the broader social impact of the initiative.

    “This partnership is about more than logistics, it is a social contract and a clear commitment that every learner matters, “no matter where they come from. Through this collaboration, learners from disadvantaged communities, who might not otherwise have access to conducive learning spaces and resources, will now be supported through our network of municipal libraries across the metro,” Kwatsha said. – SAnews.gov.za
     

    MIL OSI Africa –

  • MIL-OSI Russia: The expert group of the State University of Management has developed recommendations for interdepartmental cooperation in the implementation of youth policy

    Translation. Region: Russian Federal

    Source: Official website of the State –

    An important disclaimer is at the bottom of this article.

    On July 23, 2025, a public discussion of by-laws prepared as part of the implementation of the updated provisions of the Federal Law “On Youth Policy in the Russian Federation” took place in the House of Unions. Specialists from the State University of Management took part in the development of these by-laws.

    The public discussion was attended by: Chairman of the State Duma Committee on Youth Policy, GUU graduate Artem Metelev, Deputy Minister of Science and Higher Education Olga Petrova, First Deputy Chairman of the State Duma Committee on Youth Policy Mikhail Kiselev, Deputy Chairman of the State Duma Committee on Science and Higher Education Ekaterina Kharchenko, Deputy Head of Rosmolodezh Yuri Leskin and other experts.

    The agenda was outlined by the Chairman of the State Duma Committee on Youth Policy, Artem Metelev: “We have accumulated an agenda of three blocks, which we propose to discuss together today. The first: a set of measures for the patriotic education of youth and the spiritual and moral education of youth in the Russian Federation. The second: recommendations for the implementation of the main directions of youth policy in Russia, including the logistical support for its implementation. And the third: recommendations for the organization of interdepartmental interaction between the executive bodies of the country’s constituent entities in the implementation of youth policy.”

    Deputy Minister of Science and Higher Education Olga Petrova noted the activity of universities participating in the development and discussion of documents: “For our part, we have also sent all the necessary materials for consideration to the expert community of the Government of Russia and plan to present the documentary results within the next month.”

    At the initiative of the Federal Agency for Youth Affairs, the Department of State and Municipal Administration, together with the Department of Youth Policy and Educational Work of the State University of Management, developed a draft of recommendations for organizing interdepartmental interaction between executive bodies of the constituent entities of the Russian Federation in implementing youth policy to ensure consistency, eliminate duplication of powers, and ensure the effectiveness and systematicity of the work of government bodies at all levels.

    The project team included: – Advisor to the rector of the State University of Management, head of the department of state and municipal management Sergey Chuev; – Professor of the department of state and municipal management, doctor of economic sciences Vladimir Zotov; – Professor of the department of state and municipal management, doctor of pedagogical sciences Tatyana Korosteleva; – Professor of the department of state and municipal management, doctor of economic sciences Mikhail Shatokhin; – Associate Professor of the department of state and municipal management, candidate of economic sciences Mikhail Polyakov; – Deputy Director of the Institute of Social and Cultural Policy and Culture for educational work, candidate of psychological sciences Svetlana Grishaeva.

    Vice-Rector of the State University of Management Pavel Pavlovsky reported to the public council: “As for the mechanism of interdepartmental cooperation, here we have a number of specific points: establishing a clear procedure for exchanging information and recommendations, obliging regional departments to prepare and implement comprehensive measures to support young specialists aimed at their professional growth and career. Here we also include the development of measures for the professional self-determination of young people, support for gifted children, the creation and implementation of educational programs for patriotism and civic responsibility among young people, the organization of internships and practice for graduates of educational institutions, ensuring their participation in real work projects.”

    The expert group of the State University of Management also proposed to develop a system of joint participation of different branches of government, institutions and organizations in the implementation of youth projects, to ensure openness and accessibility of information about all existing support measures and possible events, for which it is necessary to create one-stop services and digital platforms where young people could resolve any issues that arise.

    At the end of the meeting, Artem Metelev noted that if the recommendations are accepted and regulations are developed on their basis, this will seriously simplify the work of government bodies, which will have a clear line in working with young people.

    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: Simon Lewis appointed as Chair of UK Anti-Doping

    Source: United Kingdom – Government Statements

    News story

    Simon Lewis appointed as Chair of UK Anti-Doping

    The Secretary of State has appointed Simon Lewis as the new Chair of UK Anti-Doping (UKAD) for a term of 4 years.

    Simon Lewis

    Simon has been appointed as Chair of UK Anti-Doping and his term will commence on 4 August 2025.

    His background is primarily in the Legal Sector where he has practised as a barrister, in various relevant areas of law, and where he now sits as a fee-paid judge. Simon has served in a number of non-executive board-level roles: within workplace relations (at Acas); professional regulation (at Social Work England and at the Bar Standards Board); healthcare (at a mental health and community NHS trust); higher education (at England’s leading university for improving social mobility); sport governance; and charity. He has also acted in a range of independent regulatory roles across various sectors: within healthcare, sport, and finance/business.  

    Simon grew up in Wales and then Yorkshire, playing representative sports, before graduating from the University of Cambridge.

    On his appointment, Simon Lewis said:

    “It is an honour to be appointed as Chair of UKAD. Having worked extensively across regulatory and sporting landscapes, I’m excited to be able to govern and support an organisation so inextricably involved in both.

    “I want to ensure UKAD continues to bolster the UK’s strong reputation for clean and healthy sport across the four nations. I’m arriving at an important and busy time, with a host of major sporting events approaching, including the Women’s Rugby World Cup, the Winter Olympics and Paralympics, and the 2026 Commonwealth Games in Glasgow. I look forward to working with the team, engaging with a wide range of stakeholders, and supporting UKAD’s goal to protect clean sport.”

    Lisa Nandy, Secretary of State for Culture, Media and Sport said:

    “I’m delighted to welcome Simon Lewis as the new Chair of UKAD. Simon has extensive experience in sport and law, which will ensure UKAD continues to deliver with professionalism and integrity.

    “Sport is part of our national story and as part of our Plan for Change we want to remove barriers to participation at grassroots and support athletes in elite settings. Upholding the values of clean sport and fair competition are absolutely vital in achieving this and as we welcome Simon, I’d like to thank departing Chair Trevor Pearce for all of his work during his tenure.”

    Jane Rumble, Chief Executive of UKAD said:

    “We are very pleased to welcome Simon to UKAD. Simon brings his deep and relevant legal and sport governance experience to us at a pivotal time. In addition to a busy sporting calendar of major events UKAD will also soon shape and deliver a new multi-year Strategic Plan. UKAD is also preparing for the launch of the 2027 World Anti-Doping Code.

    “On behalf of us all at UKAD we are looking forward to giving Simon a warm welcome as he takes up stewardship of our committed and brilliant team.

    “I would also like to thank our outgoing chair Trevor Pearce, who has been with us for nearly nine years, for his excellent stewardship at the helm of our organisation.”

    Remuneration and Governance Code

    The Chair of UK Anti-Doping is remunerated at a rate of £20,640 per annum. This appointment has been made in accordance with the Cabinet Office’s Governance Code on Public Appointments.

    The appointments process is regulated by the Commissioner for Public Appointments. Under the Code, any significant political activity undertaken by an appointee in the last five years must be declared. This is defined as including holding office, public speaking, making a recordable donation, or candidature for election. Simon has not declared any significant political activity.

    Updates to this page

    Published 24 July 2025

    MIL OSI United Kingdom –

  • MIL-Evening Report: Grattan on Friday: net zero battle has net zero positives for Sussan Ley

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    There’s no other way of looking at it: Sussan Ley faces a diabolical situation with the debate over whether the Coalition should abandon the 2050 net zero emissions target.

    The issue is a microcosm of her wider problems. The Nationals, the minor party in the Coalition, are determined to run their own race on most things. The Liberals have become akin to two parties, split between those eyeing urban seats and younger voters, and right-wingers reflecting the party’s conservative grassroots.

    Nobody misses the contrast. The Albanese government is beset by a host of actual issues around the transition to a clean energy economy. The renewables rollout is not going as fast as desirable and is meeting with resistance in some communities. Energy costs are high. But such problems are not putting any pressure on Labor’s unity.

    At the same time, the opposition is fractured over an argument about a target that’s a quarter of a century away, when who knows what the technological or political landscape will look like. For the opposition, the internal debate about net zero is about symbols and signals, rather than substance.

    The net zero debate exploded within the opposition this week with Barnaby Joyce’s private member’s bill to scrap Australia’s commitment to it. The timing, in parliament’s first week, was extraordinarily inconvenient for Ley. But if not now, it would have erupted later.

    On present indications, the Nationals appear likely to ditch the net zero commitment. David Littleproud, anxious to avoid the issue becoming a threat to his leadership, is reading the party room and positioning himself to be in the anticipated majority.

    Asked on Thursday whether he supported net zero, Littleproud told the ABC, “well, I have real concerns about it, to be candid. What net zero has become is about trying to achieve the impossible, rather than doing what’s sensible.” But, he insisted, “we’re not climate deniers”.

    It is less clear how the debate will pan out in the Liberal Party, once the group under Shadow Energy Minister Dan Tehan produces its report on energy and emissions-reduction policy.

    Liberal sources say the issue is now being driven by the party’s grassroots, rather than the parliamentary party. Branches are throwing up motions to get rid of the 2050 target.

    The Western Australian Liberal state council will debate a motion this weekend to drop the net zero commitment. The Queensland LNP organisation will consider its position next month. A few weeks ago, the South Australian Liberal state council rejected net zero.

    With a policy review underway, Ley and the parliamentary Liberals have left a vacuum on the issue. Some Liberals warn the parliamentarians risk being run over by the party outside parliament. Others point out that on policy, the parliamentarians are independent of the organisation, which often comes up with right-wing motions.

    How should Ley best handle the situation? By filling the vacuum with a position sooner rather than later. That means accelerating the Tehan report. Beyond that, ideally she should be taking leadership on the issue herself. But is she in a strong enough position to do that?

    One idea being floated would be for the Liberals to retain the net zero target but extend the time frame. This wouldn’t stop the criticism about the shift.

    Whether the Coalition could stay as one if its two parties had different positions on net zero may be an open question but it certainly would be messy.

    On the other side of politics, the government is rapidly approaching a decision on another key target – the one Australia will put up internationally for cutting emissions by 2035. Inevitably, this will be contentious.

    This target must be submitted by September (it was conveniently delayed beyond the election). Minister for Climate Change and Energy Chris Bowen has yet to receive advice on the target from the Climate Change Authority (advice that will be published). The target is expected to be between 65% and 75%.

    The challenge will be to strike a target with sufficient ambition that doesn’t alienate business and the regions.

    Next week the executive secretary of the United Nations Framework Convention on Climate Change, Simon Stiell, will be in Canberra for talks. His comments will be carefully watched.

    Last year he told the Sydney Morning Herald, “the world needs countries like Australia to take climate action and ambition to the next level, and it’s firmly in the interests of every Australian that they do so”.

    Climate and energy issues will have a place at next month’s economic reform roundtable. Bowen is organising two preliminary roundtables – on electricity, with energy user stakeholders, and on climate adaptation. He told The Conversation’s podcast that adaptation will “be an increasing focus of this government and future governments because, tragically, the world has left it too late to avoid the impacts of climate change”.

    The government is waiting, somewhat impatiently, for the decision on whether Australia will be given the nod to host next year’s UN climate conference. The COP meeting, which would be in Adelaide in November 2026, is an enormous event to put on, so the decision is becoming urgent.

    Bowen says Australia already has the numbers over Turkey, the other contender. But “one of the things about the process to decide COPs, I’ve learnt, is it’s quite opaque and there’s no particular timeline and no particular rules to the ballot.

    “It’s meant to work on a consensus, sort of an old world, sort of gentlemanly sort of approach to say whoever loses will withdraw. That’s not the way it’s panning out. I’ve had multiple meetings with my Turkish counterpart to try to find a ‘win-win’ solution. We haven’t been able to find that yet.”

    Stiell’s trip includes Turkey as well as Australia. Bowen will be hoping he may provide some clarity, when they meet, about how the “opaque” process of assigning the COP meeting is going. Bowen will be emphasising how important the proposed co-hosting COP with the Pacific is to the region, with climate change already an existential issue for many Pacific countries.

    Michelle Grattan 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. Grattan on Friday: net zero battle has net zero positives for Sussan Ley – https://theconversation.com/grattan-on-friday-net-zero-battle-has-net-zero-positives-for-sussan-ley-261092

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI United Kingdom: Gary Crowe is appointed as new Non-executive Director at GAD

    Source: United Kingdom – Executive Government Non-Ministerial Departments

    News story

    Gary Crowe is appointed as new Non-executive Director at GAD

    Exchequer Secretary to the Treasury, James Murray MP has appointed Gary Crowe as a Non-executive Director of the Government Actuary’s Department.

    Gary Crowe brings extensive experience across the financial services, education and healthcare sectors, with expertise in digital transformation, risk and strategy.

    He was recently Professor of Innovation Leadership at Keele University Management School and is an experienced non-executive director (NED). Gary has chaired a range of committees including Finance, Audit, Risk, Investments, and People & Nominations.

    He will be appointed for a 3-year term, starting on 1 August, as NED to the Government Actuary’s Department (GAD). Gary will replace Ian Wilson whose term on the Board is coming to an end later this year.

    Les Philpott, Non-executive Director and Board Chair said :

    “I am delighted at Gary’s appointment to our Board. Gary brings exceptional breadth and depth of experience, having served on 2 NHS Trust boards as well as holding senior roles across consultancy, financial services, and commercial, retail and private banking. His background spans both public and private sectors, and he has led digital transformation in complex, highly regulated environments, always underpinned by robust governance, financial, and risk management expertise.

    “As Chair of the Audit and Risk Assurance Committee for the Human Tissue Authority, Gary has demonstrated a strong capacity for oversight and assurance in demanding regulatory contexts. His appointment will significantly strengthen our Board’s ability to provide strategic guidance and effective oversight. I look forward to welcoming him and working together to advance the department’s objectives.”

    Fiona Dunsire, Government Actuary said:

    “We are very pleased to be able to welcome Gary to GAD as our new non-executive director. His extensive background in innovation leadership and digital transformation, combined with his health and workforce experience as a non-executive director within the NHS, will be invaluable as we continue to evolve our services and support government departments in addressing complex national challenges. I’m confident Gary will make a valuable contribution to GAD’s continued success in serving the public sector.”

    Gary Crowe added:

    “I’m honoured to be appointed as non-executive director at GAD and look forward to contributing to the department’s important work in supporting the public sector. Having worked across various sectors in consultancy and innovation roles, I understand the critical importance of robust actuarial analysis in helping government make informed decisions about financial risk and uncertainty. I’m excited to work with the talented team at GAD to ensure we continue to broaden the impact of the department in supporting government growth objectives and delivering the highest standards of professional service to our clients.”

    About Gary Crowe

    Gary Crowe brings significant strategic and commercial expertise to the Government Actuary’s Department, with a strong track record in public service.

    He currently serves as Chair of the Audit and Risk Assurance Committee for the Human Tissue Authority (term ending September 2025), is the Local Chair for the Dudley Group NHS Foundation Trust and Vice-Chair of University Hospitals of North Midlands NHS Trust.

    He has previously advised on commercial digital innovation as a management consultant with PA Consulting and during 30 years in financial services. Most recently, Gary was Professor of Innovation Leadership at Keele University Management School.

    About the appointment process

    GAD applies technical skills from the actuarial profession, consultancy discipline, high standards of professionalism and industry sector knowledge to help solve financial challenges faced by the UK public sector, helping our clients to understand and analyse financial risk and uncertainty for a wide range of contemporary issues.

    Gary Crowe was appointed following an open recruitment process in line with public appointment procedures.

    He confirmed that he has not undertaken any political activity within the previous 5 years.

    Updates to this page

    Published 24 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: NASA Launches Mission to Study Earth’s Magnetic Shield

    Source: NASA

    NASA’s newest mission, TRACERS, soon will begin studying how Earth’s magnetic shield protects our planet from the effects of space weather. Short for Tandem Reconnection and Cusp Electrodynamics Reconnaissance Satellites, the twin TRACERS spacecraft lifted off at 11:13 a.m. PDT (2:13 p.m. EDT) Wednesday aboard a SpaceX Falcon 9 rocket from Space Launch Complex 4 East at Vandenberg Space Force Base in California.
    “NASA is proud to launch TRACERS to demonstrate and expand American preeminence in space science research and technology,” said acting NASA Administrator Sean Duffy. “The TRACERS satellites will move us forward in decoding space weather and further our understanding of the connection between Earth and the Sun. This mission will yield breakthroughs that will advance our pursuit of the Moon, and subsequently, Mars.”
    The twin satellites will fly one behind the other – following as closely as 10 seconds apart over the same location – and will take a record-breaking 3,000 measurements in one year to build a step-by-step picture of how magnetic reconnection changes over time.
    Riding along with TRACERS aboard the Falcon 9 were NASA’s Athena EPIC (Economical Payload Integration Cost), PExT (Polylingual Experimental Terminal), and REAL (Relativistic Electron Atmospheric Loss) missions – three small satellites to demonstrate new technologies and gather scientific data. These three missions were successfully deployed, and mission controllers will work to contact them over the coming hours and days.
    Ground controllers for the TRACERS mission established communications with the second of the two spacecraft at 3:43 p.m. PDT (6:43 p.m. EDT), about 3 hours after it separated from the rocket. During the next four weeks, TRACERS will undergo a commissioning period during which mission controllers will check out their instruments and systems.
    Once cleared, the twin satellites will begin their 12-month prime mission to study a process called magnetic reconnection, answering key questions about how it shapes the impacts of the Sun and space weather on our daily lives.
    “NASA’s heliophysics fleet helps to safeguard humanity’s home in space and understand the influence of our closest star, the Sun,” said Joe Westlake, heliophysics division director at NASA Headquarters in Washington. “By adding TRACERS to that fleet, we will gain a better understanding of those impacts right here at Earth.”
    The two TRACERS spacecraft will orbit through an open region in Earth’s magnetic field near the North Pole, called the polar cusp. Here, TRACERS will investigate explosive magnetic events that happen when the Sun’s magnetic field – carried through space in a stream of solar material called the solar wind – collides with Earth’s magnetic field. This collision creates a buildup of energy that causes magnetic reconnection, when magnetic field lines snap and explosively realign, flinging away nearby particles at high speeds.
    Flying through the polar cusp allows the TRACERS satellites to study the results of these magnetic explosions, measuring charged particles that race down into Earth’s atmosphere and collide with atmospheric gases – giving scientist the tools to reconstruct exactly how changes in the incoming solar wind affect how, and how quickly, energy and particles are coupled into near-Earth space.
    “The successful launch of TRACERS is a tribute to many years of work by an excellent team,” said David Miles, TRACERS principal investigator at the University of Iowa. “TRACERS is set to transform our understanding of Earth’s magnetosphere. We’re excited to explore the dynamic processes driving space weather.”
    Small Satellites Along for Ride
    Athena EPIC is a pathfinder mission that will demonstrate NASA’s use of an innovative and configurable commercial SmallSat architecture to improve flexibility of payload designs, reduce launch schedule, and reduce overall costs in future missions, as well as the benefits of working collaboratively with federal partners. In addition to this demonstration for NASA, once the Athena EPIC satellite completes its two-week commissioning period, the mission will spend the next 12 months taking measurements of outgoing longwave radiation from Earth.
    The PExT demonstration will test interoperability between commercial and government communication networks for the first time by demonstrating a wideband polylingual terminal in low Earth orbit. This terminal will use software-defined radios to jump between government and commercial networks, similar to cell phones roaming between providers on Earth. These terminals could allow future missions to switch seamlessly between networks and access new commercial services throughout its lifecycle in space.
    The REAL mission is a CubeSat that will investigate how energetic electrons are scattered out of the Van Allen radiation belts and into Earth’s atmosphere. Shaped like concentric rings high above Earth’s equator, the Van Allen belts are composed of a mix of high-energy electrons and protons that are trapped in place by Earth’s magnetic field. Studying electrons and their interactions, REAL aims to improve our understanding of these energetic particles that can damage spacecraft and imperil astronauts who pass through them. 
    The TRACERS mission is led by David Miles at the University of Iowa with support from the Southwest Research Institute in San Antonio, Texas. NASA’s Heliophysics Explorers Program Office at the agency’s Goddard Space Flight Center in Greenbelt, Maryland, manages the mission for the Heliophysics Division at NASA Headquarters in Washington. The University of Iowa, Southwest Research Institute, University of California, Los Angeles, and the University of California, Berkeley, all lead instruments on TRACERS.
    The Athena EPIC mission is led by NASA’s Langley Research Center in Hampton, Virginia, and is a partnership between National Oceanic and Atmospheric Administration, U.S. Space Force, and NovaWurks. Athena EPIC’s launch is supported by launch integrator SEOPS. The PExT demonstration is managed by NASA’s SCaN (Space Communications and Navigation) program in partnership with Johns Hopkins Applied Physics Laboratory, with launch support by York Space Systems. The REAL project is led by Dartmouth College in Hanover, New Hampshire, and is a partnership between Johns Hopkins Applied Physics Laboratory, Montana State University, and Boston University. Sponsored by NASA’s Heliophysics Division and CubeSat Launch Initiative, it was included through launch integrator Maverick Space Systems.
    NASA’s Launch Services Program, based at the agency’s Kennedy Space Center in Florida, manages the VADR (Venture-class Acquisition of Dedicated and Rideshare) contract.
    To learn more about TRACERS, visit:
    https://nasa.gov/tracers
    -end-
    Abbey Interrante / Karen FoxHeadquarters, Washington301-201-0124 / 202-358-1600abbey.a.interrante@nasa.gov / karen.c.fox@nasa.gov
    Sarah FrazierGoddard Space Flight Center, Greenbelt, Maryland202-853-7191sarah.frazier@nasa.gov

    MIL OSI USA News –

  • MIL-OSI Russia: GUU will explain the essence of the political process to young human rights activists

    Translation. Region: Russian Federal

    Source: Official website of the State –

    An important disclaimer is at the bottom of this article.

    The educational program of the Center for the Implementation of Social and Humanitarian Projects of the State Institution of Humanities “Youth in the World of Politics: How to Effectively Respond to the Challenges of the Future?” has been launched.

    Let us recall that the Center for the Implementation of Social and Humanitarian Projects opened at the State University of Management in April of this year.

    The program brought together 50 participants of the personnel platform “Commissioner for Results”, launched by the Commissioner for Children’s Rights under the President of the Russian Federation. It is held online and includes 9 thematic days covering various aspects of youth policy and activities in the socio-political sphere.

    As part of the opening of the educational program, the participants were addressed by the director of the charitable foundation “Country for Children” Alexey Petrov, deputy director of the Center for the implementation of projects of the social and humanitarian profile of the State University of Management, curator of the Career Center Polit.Job Snezhana Vikulina, executive secretary of the Federal Children’s Public Council under the Commissioner for Children’s Rights under the President of the Russian Federation Leonid Snegirev. They spoke about the relationship between politics and law, and also outlined the priority tasks of the program.

    In his welcoming speech, Alexey Petrov, director of the Country for Children charity foundation, noted: “This educational program is designed to help young professionals understand what the political process is really about. After all, politics and human rights protection are not really about ties and endless meetings, but about real, specific help to people both directly and through a large number of methods and mechanisms.”

    According to the Deputy Director of the Center for the Implementation of Social and Humanitarian Projects at the State University of Management, curator of the Polit.Job Career Center, Snezhana Vikulina, the Center’s program is being held for a younger audience for the first time – high school students and first-year students. “We are confident that this program will be especially useful for the participants, because all the speakers we have have worked their way up from the very bottom to the position they currently hold. We hope that their example will serve as inspiration for their work,” Snezhana Vikulina emphasized.

    The introductory lecture for young human rights activists was given by the responsible secretary of the Federal Children’s Public Council under the Commissioner for Children’s Rights under the President of the Russian Federation Leonid Snegirev. He immersed the participants in the program’s goal-setting and expected results, and also highlighted the career prospects of young specialists within the framework of the personnel platform.

    During the program, invited speakers will talk about trends in the development of youth policy in Russia, the characteristics of youth leadership, the ideological guidelines of our country, opportunities for young specialists in the socio-political sphere, and much more.

    The event is organized by the Center for the Implementation of Social and Humanitarian Projects of the State University of Management, the Federal Children’s Public Council under the Presidential Commissioner for Children’s Rights and the personnel platform “Commissioner for Results”. The program is implemented with the support of the Ministry of Science and Higher Education of the Russian Federation, the State University of Management, the Digoria Platform, the Presidential Commissioner for Children’s Rights and the Country for Children charitable foundation.

    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: Public consultation on Green Innovation Corridor first phase now open

    Source: City of Wolverhampton

    The GIC will connect key assets at the University of Wolverhampton’s Springfield Campus, Science Park, and the i54 advanced manufacturing business park – the country’s most successful Enterprise Zone.

    It will introduce new commercial and business opportunities for development, incubation space, grow on space for SMEs and space for larger use.

    The scheme has already secured £27million funding from UK Government and has attained West Midlands Investment Zone status, helping unlock transformational capital funding, business support and skills programmes.

    People can now have their say on designs for the first phase – the planned redevelopment of 4 brownfield sites, collectively known as Six Mile Green, located close to University of Wolverhampton Science Park.

    An online survey is available at Consultation | Six Mile Green – Redevelopment of brownfield land at the University of Wolverhampton Science Park until 1 August, 2025.

    An exhibition at University of Wolverhampton Science Park will also be running from Monday 28 July to Friday 1 August and a public drop-in event at the Science Park is being hosted by the project team on Wednesday 30 July between 4pm and 8pm.

    Once feedback from the consultation has been taken into consideration, a hybrid planning application will be submitted, comprising detailed plans for ground remediation, site clearance, service infrastructure and enabling works and outline plans for new buildings providing around 20,000sqm of mixed use commercial floorspace.

    If the plans are approved, then WM Investment Zone funding will be used to carry out preconstruction works by March 2027, which will support prospective developers by providing development ready sites for design and build construction.

    Councillor Chris Burden, City of Wolverhampton Council Cabinet Member for City Development, Jobs and Skills, said: “The Green Innovation Corridor will drive the Green Industrial Revolution, building upon Wolverhampton’s sustainable construction, green credentials and circular economy for transformation that will create quality jobs for local people.

    “Bringing forward these designs for consultation is the next step towards our goal of securing the planning permission for Six Mile Green that will facilitate enabling works and ultimately attract developer interest.”

    Pete Cross, Chief Operating Officer, University of Wolverhampton said, “The University of Wolverhampton is proud to be a key partner in the Green Innovation Corridor, which will act as a catalyst for innovation, skills development, and economic prosperity.

    “We are working closely with our colleagues at the City of Wolverhampton Council to develop an exciting and ambitious business community that will drive growth in green technologies and advanced manufacturing, directly contributing to the net zero agenda and creating high value jobs for our communities.

    “The proposals outline the development of our existing sites across the Science Park, Springfield Campus and Six-Mile Green and we look forward to working with external investors and developers to put these plans into motion.”

    MIL OSI United Kingdom –

  • MIL-OSI Russia: New Horizons of Solutions: From Theory to Practice of Risk Management

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    The Polytechnic University solemnly awarded the winners and prize-winners of the All-Russian student case championship “Risk Management: New Horizons for Solutions”. The organizers are the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade and the consulting company “Trust Technologies”.

    Joint-Stock Company “Trust Technologies” provides audit and consulting services to corporate clients in various sectors of the economy. According to the RAEX rating agency, in 2025 the company entered the top five largest Russian participants in the audit and consulting services market.

    The case championship was attended by 56 students from St. Petersburg, Moscow, Yekaterinburg, Voronezh and Tambov. As part of 15 teams, the students solved cases dedicated to risk management issues related to an unstable external environment, technological risks, digitalization and sustainable development. The participants presented projects combining digital technologies, risk management methods and models, as well as forecasting tools in an uncertain environment.

    “The ability to manage risks in modern conditions is a critically important competency for any business. The level of the presented student projects, their depth of development and practical orientation are pleasing. Cooperation with the company “Trust Technologies”, a strong partner occupying a leading position in the audit and consulting services market, is very important for us. This creates a unique environment for cultivating young and in-demand specialists in the labor market, ready to get involved in solving real business problems of Russian companies,” said Olga Kalinina, Director of the Higher School of Industrial Management, at the opening of the final.

    The teams defended their solutions before an expert jury, which included representatives of the Trust Technologies company: Svetlana Kuzmenkova, Senior Manager of the Non-Financial Risk Group, Viktor Kosmachev, Senior Consultant of the Systemic Changes and Business Development Practice, Evgeniya Filyanina, Consultant of the Non-Financial Risk Group, as well as Associate Professors of the Higher School of Industrial Management of the IPMEiT Anna Timofeeva, Evgeny Makarenko and Elena Kiseleva.

    The best project solution was presented by the AllRisks team, which became the absolute winner of the championship. The team included Artem Rudenko (SPbGEU), Mikhail Borovkov (ITMO), Elizaveta Egorova and Polina Ivanova (SPbPU).

    The first place winner was the PonITech SPbPU team: Diana Yakimenko, Maria Belova, Maria Platonova and Vitaly Trofimov.

    The second place was taken by the Ratio team from the Peoples’ Friendship University of Russia named after Patrice Lumumba: Daria Dreval, Larisa Ordina, Elizaveta Kostyaeva and Veronika Vatrukhina.

    The third place went to the “Risk Hunters” – Valentina Fedorova, Anastasia Rusakova, Arina Katrina, Egor Bogdanov and Liana Pogosyan from SPbSUT.

    “We set a difficult task for the participants: to develop risk management solutions that not only take into account modern challenges, but also integrate digital tools for forecasting and management in conditions of uncertainty. As a result of the defenses, we saw non-standard approaches, a strong analytical background and a willingness to offer specific mechanisms that can be applied in practice. We are confident that for many students this championship will become a springboard to a successful career in business,” commented Evgeniya Filyanina, consultant of the non-financial risks group.

    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: Beyond babysitting: How China’s grandparents are reinventing retirement

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

    Graduates perform during the graduation ceremony at Xinjiang Open University for Seniors in Urumqi, northwest China’s Xinjiang Uygur Autonomous Region, June 27, 2025. (Xinhua/Wang Fei)

    With her silver hair neatly styled and a pearl necklace resting against a soft yellow blouse, Yin Song embodies the elegance of the pianist she’s always been. But the large studio headphones over her ears and the video camera in front of her suggest something different.

    At 74, “Grandma Piano,” as her online fans affectionately call her, now spends her time guiding audiences through the world of anime and video game music, sharing the same depth of feeling she once brought to Mozart and Chopin.

    A lifelong musician, Yin opened her social media account in 2022 to share her expertise. It wasn’t until she analyzed the music from the hit game “Black Myth: Wukong” that her channel suddenly took off. The “grandinfluencer” now has more than 600,000 followers on the video-sharing platform Bilibili.

    For Yin, the experience has been unexpectedly transformative. “We used to lead the young,” she said. “Now they lead us, and I want to keep running alongside them,” embracing new ideas and ways of connecting.

    Yin’s story reflects a subtle yet telling cultural shift. In a country where grandparents have long been expected to devote their retirement years to caring for grandchildren, an increasing number of older Chinese are quietly rewriting the script. They are embracing new roles as content creators, community volunteers, entrepreneurs, and part-time professionals. For many, retirement is no longer a retreat, but a second act.

    Yin is far from alone. By the end of 2024, over 30 million users aged 60 or above were logging in monthly on Xiaohongshu, one of China’s most popular social media platforms. In just two years, the number of senior content creators has tripled, generating more than 100 million posts.

    These older digital pioneers are challenging long-held stereotypes from grandmothers redefining fashion, to retired professors distilling philosophy into viral short videos, and rural elders sharing their pastoral lives.

    Digital engagement is only part of the story. Many seniors are also returning to work, seeking purpose beyond their pensions. Zhu Honghua, 70, a former Beijing accountant enjoyed a comfortable monthly pension of around 8,500 yuan (about 1,191 U.S. dollars) and a leisurely life with her husband after retirement.

    But the routine began to wear thin. When a business contact invited Zhu back to accounting, she jumped at the chance. “It’s not just about the money,” she said. “Having something meaningful to do every day is its own reward.”

    Zhu’s case is hardly an outlier. A growing body of data suggests that many older Chinese are not only willing but eager to return to work. A 2023 survey by the China Association of Gerontology and Geriatrics found that 45 percent of those aged between 60 and 69 expressed a desire to remain in or reenter the workforce.

    Research from the Tianjin Academy of Social Sciences revealed similar patterns: 62.1 percent of people aged 60 to 65 said they wanted to keep working, while among those approaching retirement, aged 55 to 59, the figure was even higher, at 72.7 percent.

    While motivations vary, nearly half of those seeking post-retirement work cited a need for purpose, according to a 2022 report on senior reemployment. Others aimed to apply their skills or chase new ambitions. A third said they hoped to ease financial pressure or afford a better quality of life.

    The surge of interest in post-retirement work coincides with China’s rapidly aging population. By the end of 2024, more than 310 million Chinese citizens were aged 60 or older, about 22 percent of the population. That share is expected to surpass 30 percent by 2035, when the number of seniors is projected to top 400 million.

    As waves of older workers reach retirement age over the coming years, policymakers and experts see both a warning and an opportunity. With educational attainment on the rise, China’s older adults are seen not only as dependents, but as a vast reservoir of experience, skills and resources that could help offset the country’s shrinking working-age population.

    China has taken steps to harness the power of its aging population. In its recent move, the government issued new guidelines this May, calling for more flexible and personalized job opportunities tailored to older adults, while pledging to dismantle outdated regulations that stand in their way.

    Local governments have moved quickly to implement the changes, building registries of senior talent, expanding employment services for retirees, and cultivating specialized human resource agencies to serve the growing “silver economy.”

    Signs of change are beginning to emerge in the labor market. Retirees with backgrounds in engineering, medicine, education and skilled trades are returning as consultants, trainers or part-time specialists, lending decades of experience to fields in need.

    “China has entered an aging society,” said Lu Jiehua, a sociology professor at Peking University. “Tapping into older human resources isn’t just about addressing demographic pressure. It’s a crucial strategy for extending the country’s demographic dividend.”  

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Hong Kong Week 2025@Seoul showcases arts and cultural strengths and diversity (with photos)

    Source: Hong Kong Government special administrative region

    Hong Kong Week 2025@Seoul showcases arts and cultural strengths and diversity ???
         HK Week@Seoul will premiere tomorrow (July 25) with the pre-festival “Wu Guanzhong Art Sponsorship Overseas Exhibition Series: Wu Guanzhong: Between Black and White”, where 17 masterworks by the great Chinese painter Wu Guanzhong (1919-2010) from the collection of the Hong Kong Museum of Art will be exhibited for the first time in Korea, offering the audience a glimpse into his poetic world of ink and oil.
     
         The grand opening programme of HK Week@Seoul, “Romeo + Juliet” by Hong Kong Ballet, is choreographed by Septime Webre to reinterpret Shakespeare’s classic love story with Hong Kong in the 1960s as the backdrop, presenting Hong Kong’s East-meets-West artistic style.
     
         Dance highlights include the grand dance poem “A Dance of Celestial Rhythms” by the Hong Kong Dance Company, which integrates dance and lights inspired by the ancient Solar Terms; “Mr Blank 2.0” by the City Contemporary Dance Company, which explores disorientation and awakening of human nature through the interplay of physical space and digital projections; and “CollabAsia”, a collaboration between the Hong Kong Academy for Performing Arts and Sungkyunkwan University in Korea showcasing cross-cultural exchange between students.
     
         For music, the concert “Yan Huichang & Hong Kong Chinese Orchestra” will present various captivating music pieces in partnership with Korean musicians Kim Suin and Park Joonho as well as the Wizard Children’s Choir. The concert “Lio Kuokman, Yekwon Sunwoo & Hong Kong Philharmonic” will feature an orchestral concert led by the Hong Kong Philharmonic Orchestra’s Resident Conductor Lio Kuokman and Korean pianist Yekwon Sunwoo, performing a wide range of classical works from the contemporary and romantic eras.
     
          Pop culture will be highlighted by “ImagineLand@Seoul”, an outdoor concert bringing together Hong Kong and Korean singers, including Jonathan Wong and Korean singer Lena Park, for a vibrant showcase of pop music. The concert will also include classical music and original soundtracks from classic Korean dramas and Hong Kong movies. The concert will be followed by a screening of Hong Kong’s classic movie “An Autumn’s Tale” (1987), starring Chow Yun-fat and Cherie Chung.
     
         Film enthusiasts can enjoy two programmes. “‘Movies-to-GO’ – Border Crossings in Hong Kong Cinema – Korea” will screen two Hong Kong-Korean co-productions and four Hong Kong classic movies from the 1960s to 1980s, including the world premiere of a 4K digital restoration of “The Story of a Discharged Prisoner” (1967). “Making Waves – Navigators of Hong Kong Cinema” will screen more recent Hong Kong productions that reflect the city’s evolving cinematic voice.
     
         Two programmes supported by the Hong Kong Arts Development Council (HKADC) are “Travel of the Soul: Echoes after Time”, a dance piece by choreographer Terry Tsang collaborating with Korean dance luminaries, and “HKADC x BAC: Asian Modern Symphony Orchestra with Wilson Ng”, a concert where conductor Wilson Ng will lead musicians from Hong Kong, Korea and other parts of Asia to perform classical music spanning different eras and places, including a performance by renowned Hong Kong pianist Wong KaJeng.
     
         The Cultural and Creative Industries Development Agency will launch two exhibitions. The “Hong Kong Comics and Culture Exhibition” will present over 80 exhibits from Hong Kong’s martial arts-themed and satirical comic works, including classics such as “Old Master Q” and “My Boy”, as well as the successful cross-sectoral collaboration between Hong Kong’s comics and film and television. “LOCAL POWER Hong Kong Fashion Show and Exhibition in Seoul” will showcase approximately 110 fashion pieces by designers from Hong Kong and other cities of the Guangdong-Hong Kong-Macao Greater Bay Area and from Korea, while staging a fashion presentation blending AI technology with Cantopop and K-pop.
     
         Information on the dates and venues of the above programmes is set out in the Annex. Tickets for “Romeo + Juliet” and the concert “Yan Huichang & Hong Kong Chinese Orchestra” will be available for sale from tomorrow (July 25). Tickets for “A Dance of Celestial Rhythms”, the concert “Lio Kuokman, Yekwon Sunwoo & Hong Kong Philharmonic” and “Mr Blank 2.0” will be available for sale from August 8. For details, please visit www.hongkongweek.gov.hkIssued at HKT 16:55

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: The Polytechnic University is completing the process of accepting documents for budget-funded bachelor’s and specialist’s degrees

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    The admissions campaign at Peter the Great St. Petersburg Polytechnic University is in full swing, and its first stage is coming to an end. On July 25 at 12:00 Moscow time, the deadline for accepting documents for the bachelor’s and specialist’s programs of full-time budgetary education ends. Applicants have only one day left to submit an application and finally decide on their future profession.

    Currently, more than 139,000 applications have been submitted for bachelor’s and specialist’s degree programs, which confirms the high interest of applicants in the Polytechnic University. In terms of the number of applications, the leading positions are still occupied by the Institute of Computer Science and Cybersecurity, the Institute of Industrial Management, Economics and Trade, the Institute of Mechanical Engineering, Materials and Transport.

    Although you can submit documents to SPbPU online from anywhere in the country, the Admissions Committee is always happy to meet with applicants in person. This year, a modern multifunctional space has been organized in the Reading Room of the Main Academic Building, where you can submit documents with the help of the Admissions Committee staff, sign a training agreement and, of course, submit consent for enrollment (in 2025, it replaces the need to provide an original education document). Next to the Reading Room, there are institute stands where university representatives provide detailed information about training programs, internship opportunities and employment prospects. During the admissions campaign, meetings and tours of laboratories were also held for applicants and their parents, allowing them to get acquainted with the university infrastructure.

    This year, in order to be enrolled in a university, it is necessary to provide consent for enrollment instead of the original educational document. At the moment, more than 1,500 applicants have already submitted consent for enrollment.

    The main innovation of this year was the “Petrovskaya Wave” program, which guarantees admission to applicants with high scores. If the applicant’s score exceeds the established threshold, the university will enroll him or her even in a fee-paying place – at its own expense. In 2025, the wave will apply to some areas of the Institute of Energy, the Institute of Mechanical Engineering, Materials and Transport, and the Institute of Electronics and Telecommunications.

    Also in 2025, a new grant system for talented applicants was introduced. Winners and prize winners of Olympiads, as well as students entering with high Unified State Exam scores, can receive a grant of up to 120,000 rubles, as well as an additional payment of 50,000 rubles subject to excellent academic performance. In 2025, more than 500 winners and prize winners of Olympiads applied to the Polytechnic University, of which 150 have already agreed to enroll in the university.

    After the document submission process is complete, the enrollment stage will begin. On July 27, the competitive lists will be published, according to which applicants will be able to assess their situation and opportunities for admission. In order to be enrolled in the Polytechnic University, applicants must provide consent for enrollment (on the State Services portal, in person at the admissions office or by mail) within the established deadlines:

    until August 1, 12:00 Moscow time — for applicants on quotas and without entrance examinations until August 5, 12:00 Moscow time — for applicants to the main competitive places

    On July 2, priority enrollment will take place for preferential categories and winners and prize winners of Olympiads, and on August 7, the main stage of enrollment for full-time budgetary education will take place.

    Saint Petersburg Polytechnic University is waiting for its future main heroes and is preparing for a new academic year full of discoveries, scientific achievements and exciting events!

    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 Africa: Togo’s ‘Nana-Benz’: how cheap Chinese imports of African fabrics have hurt the famous women traders

    Source: The Conversation – Africa – By Fidele B. Ebia, Postdoctoral fellow, Duke Africa Initiative, Duke University

    The manufacturing of African print textiles has shifted to China in the 21st century. While they are widely consumed in African countries – and symbolic of the continent – the rise of “made in China” has undermined the African women traders who have long shaped the retail and distribution of this cloth.

    For many decades Vlisco, the Dutch textile group which traces its origins to 1846 and whose products had been supplied to west Africa by European trading houses since the late 19th century, dominated manufacture of the cloth. But in the last 25 years dozens of factories in China have begun to supply African print textiles to west African markets. Qingdao Phoenix Hitarget Ltd, Sanhe Linqing Textile Group and Waxhaux Ltd are among the best known.

    We conducted research to establish how the rise of Chinese-made cloth has affected the African print textiles trade. We focused on Togo. Though it’s a tiny country with a population of only 9.7 million, the capital city, Lomé, is the trading hub in west Africa for the textiles.

    We conducted over 100 interviews with traders, street sellers, port agents or brokers, government officials and representatives of manufacturing companies to learn about how their activities have changed.

    “Made in China” African print textiles are substantially cheaper and more accessible to a wider population than Vlisco fabric. Our market observations in Lomé’s famous Assigamé market found that Chinese African print textiles cost about 9,000 CFA (US$16) for six yards – one complete outfit. Wax Hollandais (50,000 CFA or US$87) cost over five times more.

    Data is hard to come by, but our estimates suggest that 90% of imports of these textiles to Lomé port in 2019 came from China.

    One Togolese trader summed up the attraction:

    Who could resist a cloth that looked similar, but that cost much less than real Vlisco?

    Our research shows how the rise of China manufactured cloth has undermined Vlisco’s once dominant market share as well as the monopoly on the trade of Dutch African print textiles that Togolese traders once enjoyed.

    The traders, known as Nana-Benz because of the expensive cars they drove, once enjoyed an economic and political significance disproportionate to their small numbers. Their political influence was such that they were key backers of Togo’s first president, Sylvanus Olympio – himself a former director of the United Africa Company, which distributed Dutch cloth.

    In turn, Olympio and long-term leader General Gnassingbé Eyadéma provided policy favours – such as low taxes – to support trading activity. In the 1970s, African print textile trade was considered as significant as the phosphate industry – the country’s primary export.

    Nana-Benz have since been displaced – their numbers falling from 50 to about 20. Newer Togolese traders – known as Nanettes or “little Nanas” – have taken their place. While they have carved out a niche in mediating the textiles trade with China, they have lower economic and political stature. In turn, they too are increasingly threatened by Chinese competition, more recently within trading and distribution as well.

    China displaces the Dutch

    Dating back to the colonial period, African women traders have played essential roles in the wholesale and distribution of Dutch cloth in west African markets. As many countries in the region attained independence from the 1950s onwards, Grand Marché – or Assigamé – in Lomé became the hub for African print textile trade.

    While neighbouring countries such as Ghana limited imports as part of efforts to promote domestic industrialisation, Togolese traders secured favourable conditions. These included low taxes and use of the port.

    Read more: West Africans ditch Dutch wax prints for Chinese ‘real-fakes’

    Togolese women traders knew the taste of predominantly female, west African customers better than their mostly male, Dutch designers. The Nana-Benz were brought into the African print textile production and design process, selecting patterns and giving names to designs they knew would sell.

    They acquired such wealth from this trade that they earned the Nana-Benz nickname from the cars they purchased and which they used to collect and move merchandise.

    Nana-Benz exclusivity of trading and retailing of African print textiles cloth in west African markets has been disrupted. As Vlisco has responded to falling revenues – over 30% in the first five years of the 21st century – due to its Chinese competition, Togolese traders’ role in the supply chain of Dutch cloth has been downgraded.

    In response to the flood of Chinese imports, the Dutch manufacturer re-positioned itself as a luxury fashion brand and placed greater focus on the marketing and distribution of the textiles.

    Vlisco has opened several boutique stores in west and central Africa, starting with Cotonou (2008), Lomé (2008) and Abidjan (2009). The surviving Nana-Benz – an estimated 20 of the original 50 – operate under contract as retailers rather than traders and must follow strict rules of sale and pricing.

    While newer Togolese traders known as Nanettes are involved in the sourcing of textiles from China, they have lower economic and political stature. Up to 60 are involved in the trade.

    Former street sellers of textiles and other petty commodities, Nanettes began travelling to China in the early to mid-2000s to source African print textiles. They are involved in commissioning and advising on the manufacturing of African print textiles in China and the distribution in Africa.

    While many Nanettes order the common Chinese brands, some own and market their own. These include what are now well-known designs in Lomé and west Africa such as “Femme de Caractère”, “Binta”, “Prestige”, “Rebecca Wax”, “GMG” and “Homeland”.

    Compared to their Nana-Benz predecessors, the Nanettes carve out their business from the smaller pie available from the sale of cheaper Chinese cloth. Though the volumes traded are large, the margins are smaller due to the much lower final retail price compared to Dutch cloth.

    After procuring African print textiles from China, Nanettes sell wholesale to independent local traders or “sellers” as well as traders from neighbouring countries. These sellers in turn break down the bulk they have purchased and sell it in smaller quantities to independent street vendors.

    All African print textiles from China arrive in west Africa as an incomplete product – as six-yard or 12-yard segments of cloth, not as finished garments. Local tailors and seamstresses then make clothes according to consumer taste. Some fashion designers have also opened shops where they sell prêt-à-porter (ready-to-wear) garments made from bolts of African print and tailored to local taste. Thus, even though the monopoly of the Nana-Benz has been eroded, value is still added and captured locally.

    Since the COVID-19 pandemic, Chinese actors have become more involved in trading activity – and not just manufacturing. The further evolution of Chinese presence risks an even greater marginalisation of locals, already excluded from manufacturing, from the trading and distribution end of the value chain. Maintaining their role – tailoring products to local culture and trends and linking the formal and informal economy – is vital not just for Togolese traders, but also the wider economy.

    – Togo’s ‘Nana-Benz’: how cheap Chinese imports of African fabrics have hurt the famous women traders
    – https://theconversation.com/togos-nana-benz-how-cheap-chinese-imports-of-african-fabrics-have-hurt-the-famous-women-traders-260924

    MIL OSI Africa –

  • MIL-OSI Analysis: Togo’s ‘Nana-Benz’: how cheap Chinese imports of African fabrics have hurt the famous women traders

    Source: The Conversation – Africa – By Fidele B. Ebia, Postdoctoral fellow, Duke Africa Initiative, Duke University

    The manufacturing of African print textiles has shifted to China in the 21st century. While they are widely consumed in African countries – and symbolic of the continent – the rise of “made in China” has undermined the African women traders who have long shaped the retail and distribution of this cloth.

    For many decades Vlisco, the Dutch textile group which traces its origins to 1846 and whose products had been supplied to west Africa by European trading houses since the late 19th century, dominated manufacture of the cloth. But in the last 25 years dozens of factories in China have begun to supply African print textiles to west African markets. Qingdao Phoenix Hitarget Ltd, Sanhe Linqing Textile Group and Waxhaux Ltd are among the best known.

    We conducted research to establish how the rise of Chinese-made cloth has affected the African print textiles trade. We focused on Togo. Though it’s a tiny country with a population of only 9.7 million, the capital city, Lomé, is the trading hub in west Africa for the textiles.

    We conducted over 100 interviews with traders, street sellers, port agents or brokers, government officials and representatives of manufacturing companies to learn about how their activities have changed.

    “Made in China” African print textiles are substantially cheaper and more accessible to a wider population than Vlisco fabric. Our market observations in Lomé’s famous Assigamé market found that Chinese African print textiles cost about 9,000 CFA (US$16) for six yards – one complete outfit. Wax Hollandais (50,000 CFA or US$87) cost over five times more.

    Data is hard to come by, but our estimates suggest that 90% of imports of these textiles to Lomé port in 2019 came from China.

    One Togolese trader summed up the attraction:

    Who could resist a cloth that looked similar, but that cost much less than real Vlisco?

    Our research shows how the rise of China manufactured cloth has undermined Vlisco’s once dominant market share as well as the monopoly on the trade of Dutch African print textiles that Togolese traders once enjoyed.

    The traders, known as Nana-Benz because of the expensive cars they drove, once enjoyed an economic and political significance disproportionate to their small numbers. Their political influence was such that they were key backers of Togo’s first president, Sylvanus Olympio – himself a former director of the United Africa Company, which distributed Dutch cloth.

    In turn, Olympio and long-term leader General Gnassingbé Eyadéma provided policy favours – such as low taxes – to support trading activity. In the 1970s, African print textile trade was considered as significant as the phosphate industry – the country’s primary export.

    Nana-Benz have since been displaced – their numbers falling from 50 to about 20. Newer Togolese traders – known as Nanettes or “little Nanas” – have taken their place. While they have carved out a niche in mediating the textiles trade with China, they have lower economic and political stature. In turn, they too are increasingly threatened by Chinese competition, more recently within trading and distribution as well.

    China displaces the Dutch

    Dating back to the colonial period, African women traders have played essential roles in the wholesale and distribution of Dutch cloth in west African markets. As many countries in the region attained independence from the 1950s onwards, Grand Marché – or Assigamé – in Lomé became the hub for African print textile trade.

    While neighbouring countries such as Ghana limited imports as part of efforts to promote domestic industrialisation, Togolese traders secured favourable conditions. These included low taxes and use of the port.



    Read more:
    West Africans ditch Dutch wax prints for Chinese ‘real-fakes’

    Togolese women traders knew the taste of predominantly female, west African customers better than their mostly male, Dutch designers. The Nana-Benz were brought into the African print textile production and design process, selecting patterns and giving names to designs they knew would sell.

    They acquired such wealth from this trade that they earned the Nana-Benz nickname from the cars they purchased and which they used to collect and move merchandise.

    Nana-Benz exclusivity of trading and retailing of African print textiles cloth in west African markets has been disrupted. As Vlisco has responded to falling revenues – over 30% in the first five years of the 21st century – due to its Chinese competition, Togolese traders’ role in the supply chain of Dutch cloth has been downgraded.

    In response to the flood of Chinese imports, the Dutch manufacturer re-positioned itself as a luxury fashion brand and placed greater focus on the marketing and distribution of the textiles.

    Vlisco has opened several boutique stores in west and central Africa, starting with Cotonou (2008), Lomé (2008) and Abidjan (2009). The surviving Nana-Benz – an estimated 20 of the original 50 – operate under contract as retailers rather than traders and must follow strict rules of sale and pricing.

    While newer Togolese traders known as Nanettes are involved in the sourcing of textiles from China, they have lower economic and political stature. Up to 60 are involved in the trade.

    Former street sellers of textiles and other petty commodities, Nanettes began travelling to China in the early to mid-2000s to source African print textiles. They are involved in commissioning and advising on the manufacturing of African print textiles in China and the distribution in Africa.

    While many Nanettes order the common Chinese brands, some own and market their own. These include what are now well-known designs in Lomé and west Africa such as “Femme de Caractère”, “Binta”, “Prestige”, “Rebecca Wax”, “GMG” and “Homeland”.

    Compared to their Nana-Benz predecessors, the Nanettes carve out their business from the smaller pie available from the sale of cheaper Chinese cloth. Though the volumes traded are large, the margins are smaller due to the much lower final retail price compared to Dutch cloth.

    After procuring African print textiles from China, Nanettes sell wholesale to independent local traders or “sellers” as well as traders from neighbouring countries. These sellers in turn break down the bulk they have purchased and sell it in smaller quantities to independent street vendors.

    All African print textiles from China arrive in west Africa as an incomplete product – as six-yard or 12-yard segments of cloth, not as finished garments. Local tailors and seamstresses then make clothes according to consumer taste. Some fashion designers have also opened shops where they sell prêt-à-porter (ready-to-wear) garments made from bolts of African print and tailored to local taste. Thus, even though the monopoly of the Nana-Benz has been eroded, value is still added and captured locally.

    Since the COVID-19 pandemic, Chinese actors have become more involved in trading activity – and not just manufacturing. The further evolution of Chinese presence risks an even greater marginalisation of locals, already excluded from manufacturing, from the trading and distribution end of the value chain. Maintaining their role – tailoring products to local culture and trends and linking the formal and informal economy – is vital not just for Togolese traders, but also the wider economy.

    Rory Horner receives funding from the British Academy Mid-Career Fellowship. He is also a Research Associate at the Department of Geography, Environmental Management and Energy Studies at the University of Johannesburg.

    Fidele B. Ebia 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. Togo’s ‘Nana-Benz’: how cheap Chinese imports of African fabrics have hurt the famous women traders – https://theconversation.com/togos-nana-benz-how-cheap-chinese-imports-of-african-fabrics-have-hurt-the-famous-women-traders-260924

    MIL OSI Analysis –

  • MIL-OSI United Kingdom: New research reveals scars of Gambia’s witch hunts

    Source: Anglia Ruskin University

    A map showing the location of The Gambia

    A new United Nations-funded study has highlighted the lasting psychological and social scars left by a state-sponsored witch hunt in The Gambia, more than a decade after it was carried out by former President Yahya Jammeh.

    The research, led by Professor Mick Finlay of Anglia Ruskin University (ARU) in collaboration with the University of The Gambia and Nottingham Trent University, is the first academic study into the stigma associated with government-led witchcraft accusations, and includes interviews with victims and their families from the villages most affected by the campaign.

    Jammeh’s 22-year dictatorship, which ended in 2016, was marked by human rights abuses including torture, extrajudicial killings and disappearances. Between 2008-2009, he orchestrated a campaign of witch hunts focusing on the West Coast and North Bank regions. These were led by a group of “witch hunters” from neighbouring countries, supported by The Gambia’s security forces.

    Hundreds of people, mainly elderly, were detained, beaten, raped and subjected to degrading treatment. It is thought 41 people died and the survivors faced social exclusion and discrimination when they returned home because of the stigma associated with the witchcraft accusations.

    The new study, published in the Journal of Community and Applied Social Psychology and funded by the United Nations Development Program (The Gambia), involved interviewing and surveying the victims and their families, as well as members of their communities.

    There was widespread sympathy for those affected – 98% of survey respondents expressed compassion for victims and their families – and a high level of agreement that the government (99%) and the community (92%) should provide more help for victims, indicating that the effects of the witch hunts were still being experienced.

    The study also highlighted the complex role of traditional beliefs in perpetuating stigma. Although most participants believed the witch hunts were organised to frighten people not to oppose President Jammeh (89%) or to sow division (87%), 25% believed the threat from witches was real, including 22% of victims and the families of victims surveyed.

    However, there was overwhelming support for legal reform. Almost all participants agreed that accusations of witchcraft should be made illegal (98%), and those responsible should be punished (95%).

    Through interviews, the researchers found that the stigma extended beyond individuals to their families and entire villages. Children of victims were bullied at school, families were shunned, and some communities were labelled as “witch villages” by neighbouring areas. This led to broken relationships, mistrust and long-lasting divisions within and between communities.

    Victims reported a range of psychological conditions including anxiety, panic attacks and post-traumatic symptoms. Many described feeling powerless and socially isolated. Some withdrew from public life entirely, while others struggled to find work.

    Although The Gambia’s current government established a Truth, Reconciliation and Reparations Commission (TRRC) to investigate the human rights abuses carried out by Jammeh, the study found many victims felt more needed to be done to address the specific harms caused by the witch hunts.

    Participants proposed a range of measures to support reconciliation and healing including public declarations of innocence, legal reforms to criminalise witchcraft accusations, counselling, educational support, financial reparations and community-led dialogues to restore victims’ reputations.

    “Our extensive fieldwork showed that not only did victims of the witchcraft accusations have to deal with the trauma of the human rights abuses, they also experienced a range of longer-term stigmatising effects from sections of their communities.

    “There was a strong desire among those we spoke to for official recognition of the injustice they suffered. Addressing the stigma of Jammeh’s witch hunts involves restoring the good name of the victims through official declarations as well as rebuilding their social roles and relationships.

    “Although The Gambia is undergoing transitional justice processes to address the impacts of the dictatorship, the recommendations by the participants should help the government and NGOs to further develop reparation and reconciliation processes related to the specific case of state-sanctioned witch hunts.

    “Our findings will be of interest to other countries going through transitional justice processes when human rights come into conflict with traditional beliefs, especially belief in witchcraft.”

    Mick Finlay, the lead author of the study and Professor of Social and Applied Psychology at Anglia Ruskin University (ARU)

    The open access study also involved the Women’s Association of Victims’ Empowerment (WAVE) charity in The Gambia and is published by the Journal of Community and Applied Social Psychology. It will be available at the following DOI: 10.1002/casp.70147

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Workshops and a tour of the plant: how the Summer School of Engineering and Economics 2025 is going

    Translation. Region: Russian Federal

    Source: Official website of the State –

    An important disclaimer is at the bottom of this article.

    On July 22, a busy lecture day was held for the participants of the Summer Engineering and Economics School – 2025. Young scientists from the GGNTU named after academician M.D. Millionshchikov – a partner of the State University of Management in the project of the Advanced Engineering School “RosGeoTech” – held 2 master classes.

    Assistant of the Department of Automation of Technological Processes and Production of the Institute of Power Engineering Ayub Sadulaev spoke about smart control of the water level as part of the development of a laboratory complex based on OWEN. The audience learned details about the development device: levels of automated control systems, increasing efficiency through automation of processes, features of the control system and the use of the laboratory complex in real conditions.

    Assistant of the Department of Technological Machines and Equipment of the Institute of Oil and Gas Yusup Taramov presented the engineering solutions of the university, created on the basis of the engineering development center of GGNTU, and highlighted their role in the scientific and technical process. The speaker noted that the Engineering Development Center solves real engineering problems and trains a new generation of engineers in the areas of the automotive industry, mechanical engineering and unmanned aircraft systems. Yusup Taramov also spoke about examples of successful projects implemented by students and the experience of cooperation with local enterprises.

    The staff of the Engineering Project Management Center and the Reverse Engineering Laboratory of the State University of Management conducted practical training for students as part of the activities of the State University of Management Student Design Bureau “Innovative Solutions”.

    During the practical lesson “Car Structure”, which was conducted by the Laboratory specialist Denis Yudin, the participants not only understood the design of modern cars, but also discussed the advantages and disadvantages of different types of basic car components by design.

    Vladimir Kutkov and Nikita Akinshin, specialists from the Engineering Project Management Center, spoke about the history of the development of unmanned aircraft systems, the most popular and universal designs of modern drones, the features of intelligent systems, and the autonomy of UAS during the practical course “Device of Unmanned Aerial Vehicles.”

    On July 23, participants of the Summer Engineering and Economics School 2025 visited the Demikhovsky Machine-Building Plant (JSC DMZ), which is part of JSC Transmashholding.

    The guests were greeted by the plant’s CEO Vladimir Chekalin and HR and Transformation Director Yulia Smirnova, who spoke about the development of the enterprise, its products and the current state of production. In 2025, the Demikhovsky Machine-Building Plant celebrates its 90th anniversary since its foundation. Today, DMZ is the leading enterprise for the production of electric trains in Russia. The plant produces EP2DM DC electric trains and EP3D AC electric trains. The trains manufactured by the enterprise are successfully operated in all climatic zones of the Russian Federation, as well as in the CIS countries.

    At the Exhibition Center, the excursion participants learned about the history of the Demikhovsky Machine-Building Plant, seeing documents, awards, photographs of events, employees, veterans of JSC DMZ, models of electric trains and narrow-gauge rolling stock. A unique exhibit of the museum is an interactive miniature railway, reflecting the geography of the operation of DMZ electric trains. It recreates natural landscapes and exact copies of railway stations in the regions where electric trains manufactured at the plant run – Moscow Region, the Far East, Armenia and Kazakhstan. The model presents real regions of operation and rolling stock, which is used in these areas.

    Young scientists visited production shops: mechanical assembly, electrical installation, welding, wagon assembly, repair and others. In addition to the production of wagons and electric trains, the plant carries out major repairs of passenger rolling stock, manufactures wheel sets for metro cars, electric trains and rail buses.

    Excursions to production facilities are traditionally an integral part of the program of the engineering and economics school. A visit to the Demikhovsky Machine-Building Plant, organized with the support and participation of the TMH Corporate University, allowed young scientists to see the work of an enterprise in the real sector of the economy, immerse themselves in the production environment and get acquainted with modern technologies and processes.

    The opening of the “Summer Engineering and Economics School – 2025” was reported in this article.

    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-Evening Report: Israel waging ‘horror show’ starvation campaign in Gaza, says UN chief

    This is Democracy Now!. I’m Amy Goodman.

    More than 100 humanitarian groups are demanding action to end Israel’s siege of Gaza, warning mass starvation is spreading across the Palestinian territory.

    The NGOs, including Amnesty International, Oxfam, Doctors Without Borders, warn, “illnesses like acute watery diarrhea are spreading, markets are empty, waste is piling up, and adults are collapsing on the streets from hunger and dehydration.”

    Their warning came as the Palestinian Ministry of Health said the number of starvation-related deaths has climbed to at least 111 people.

    This is Ghada al-Fayoumi, a displaced Palestinian mother of seven in Gaza City.

    GHADA AL-FAYOUMI: “[translated] My children wake up sick every day. What do I do? I get saline solution for them. What can I do?

    “There’s no food, no bread, no drinks, no rice, no sugar, no cooking oil, no bulgur, nothing. There is no kind of any food available to us at all.”

    AMY GOODMAN: Thousands of antiwar protesters marched on Tuesday in Tel Aviv outside Israel’s military headquarters, demanding an end to Israel’s assault and a lifting of the Gaza siege. This is Israeli peace activist Alon-Lee Green with the group Standing Together.

    ALON-LEE GREEN: “We are marching now in Tel Aviv, holding bags of flour and the pictures of these children that have been starved to death by our government and our army.

    “We demand to stop the starvation in Gaza. We demand to stop the annihilation of Gaza. We demand to stop the daily killing of children and innocent people in Gaza.

    “This cannot go on. We are Israelis, and this does not serve us. This only serves the Messianic people that lead us.”

    AMY GOODMAN: This comes as the World Health Organisation has released a video showing the Israeli military attacking WHO facilities in central Gaza’s Deir al-Balah. A WHO spokesperson condemned the attack, called for the immediate release of a staff member abducted by Israeli forces.

    TARIK JAŠAREVIĆ: “Male staff and family members were handcuffed, stripped, interrogated on the spot and screened at gunpoint.

    “Two WHO staff and two family members were detained.”

    AMY GOODMAN: Meanwhile, health officials in Gaza say Israeli attacks over the past day killed more than 70 people, including five more people seeking food at militarised aid sites. Amid growing outrage worldwide, UN Secretary-General António Guterres said on Tuesday the situation in Gaza right now is a “horror show”.

    UN SECRETARY-GENERAL ANTÓNIO GUTERRES: “We need look no further than the horror show in Gaza, with a level of death and destruction without parallel in recent times.

    “Malnourishment is soaring. Starvation is knocking on every door.”

    AMY GOODMAN: For more, we’re joined by Michael Fakhri, the UN Special Rapporteur on the Right to Food. He is a professor of law at University of Oregon, where he leads the Food Resiliency Project.


    Israel waging ‘fastest starvation campaign’ in modern history    Video: Democracy Now!

    Dr Michael Fakhri, welcome back to Democracy Now! If you can respond to what’s happening right now, the images of dying infants starving to death, the numbers now at over 100, people dropping in the streets, reporters saying they can’t go on?

    Agence France-Presse’s union talked about they have had reporters killed in conflict, they have had reporters disappeared, injured, but they have not had this situation before with their reporters starving to death.

    DR MICHAEL FAKHRI: Amy, the word “horror” — I mean, we’re running out of words of what to say. And the reason it’s horrific is it was preventable. We saw this coming. We’ve seen this coming for 20 months.

    Israel announced its starvation campaign back in October 2023. And then again, Prime Minister Netanyahu announced on March 1 that nothing was to enter Gaza. And that’s what happened for 78 days. No food, no water, no fuel, no medicine entered Gaza.

    And then they built these militarised aid sites that are used to humiliate, weaken and kill the Palestinians. So, what makes this horrific is it has been preventable, it was predictable. And again, this is the fastest famine we’ve seen, the fastest starvation campaign we’ve seen in modern history.

    AMY GOODMAN: So, can you talk about what needs to be done at this point and the responsibility of the occupying power? Israel is occupying Gaza right now. What it means to have to protect the population it occupies?

    DR FAKHRI: The International Court of Justice outlined Israel’s duties in its decisions over the last year. So, what Israel has an obligation to do is, first, end its illegal occupation immediately. This came from the court itself.

    Second, it must allow humanitarian relief to enter with no restrictions. And this hasn’t been happening. So, usually, we would turn to the Security Council to authorise peacekeepers or something similar to assist.

    But predictably, again, the United States keeps vetoing anything to do with a ceasefire. When the Security Council is in a deadlock because of a veto, the General Assembly, the UN General Assembly, has the authority to call for peacekeepers to accompany humanitarian convoys to enter into Gaza and to end Israel’s starvation campaign against the Palestinian people.

    AMY GOODMAN: People actually protested outside the house of UN Secretary-General António Guterres yesterday. People protested all over the world yesterday against the Palestinians being starved and bombed to death. Those in front of the UN Secretary-General’s house said they don’t dispute that he has raised this issue almost every day, but they say he can do more.

    Finally, Michael Fakhri, what does the UN need to do — the US, Israel, the world?

    DR FAKHRI: So, as I mentioned, first and foremost, they can authorise peacekeepers to enter to stop the starvation. But, second, they need to create consequences.

    The world has a duty to prevent this starvation. The world has a duty to prevent and end this genocide. And as a result, then, what the world can do is impose sanctions.

    And again, this is supported by the International Court of Justice. The world needs to impose wide-scale sanctions against the state of Israel to force it to end the starvation and genocide of civilians, of Palestinian civilians in Gaza today.

    AMY GOODMAN: Well, I want to thank you so much for being with us, Michael Fakhri, UN Special Rapporteur on the Right to Food, speaking to us from Eugene, Oregon.

    Article by AsiaPacificReport.nz

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Reserve Bank says unemployment rise was not a shock, inflation on track

    Source: The Conversation (Au and NZ) – By John Hawkins, Head, Canberra School of Government, University of Canberra

    Reserve Bank Governor Michele Bullock has fleshed out the central bank’s thinking behind its surprise decision to keep interest rates on hold this month.

    In a speech today to the Anika Foundation, Bullock said there has been:

    meaningful progress in bringing inflation down.

    But the Reserve Bank is waiting for confirmation that underlying inflation has actually moved back towards the mid-point of its 2% to 3% target band:

    We still think it will show inflation declining slowly towards 2.5%, but we are looking for data to support this expectation.

    The governor was pleased to see the progress on inflation did not come at the cost of jobs growth. Employment has remained around an all-time high as a proportion of the population. Comparable countries have not managed as well as this.

    The Reserve Bank has cut interest rates twice this year, and said policy is leaning towards further cuts by the end of the year.

    The dual mandate

    The Reserve Bank’s 2-3% inflation target is well known. But it is not the sole focus of policymakers. The bank actually has a dual mandate of inflation and employment, which was the topic of Bullock’s annual speech to Sydney’s financial community.

    The Reserve Bank Act charges the bank’s monetary policy board with setting monetary policy:

    in a way that, in the Board’s opinion, best contributes to:

    (i) price stability in Australia; and

    (ii) the maintenance of full employment in Australia.

    Full employment has been enshrined in legislation as a goal of the central bank since the 1940s.

    Last week, the monthly employment report unexpectedly showed a jump in unemployment to 4.3% in June after five months as 4.1% as more people looked for work.

    In her speech, Bullock said while some of the coverage suggested the increase was a shock, the employment figures over the whole of the June quarter were in line with the bank’s forecasts.

    She did not think it would have meant a different decision at the last board meeting if it had been known then.

    Are the twin goals in conflict or complementary?

    Some other central banks, such as the US Federal Reserve, also have dual mandates.

    In the long run, there is no conflict between these goals. In the governor’s words:

    Low and stable inflation – or price stability – is a prerequisite for strong and sustainable employment growth because it creates favourable conditions for households and businesses to plan, invest and create jobs without having to worry about inflation.

    Even in the short run, the two goals often involve no conflict. When the economy is overheating, inflation is high and unemployment low, so it is clear interest rates should be raised. During a recession, inflation is low and unemployment high, so it is clear interest rates should be lowered.

    But there are times when the implications from the two goals clash. A surge in oil prices, for example, could lead to both higher inflation (suggesting interest rates should be raised) and weaker economic activity (suggesting interest rates should be lowered).

    The governor said the bank’s response may depend on the likely longevity of such a shock:

    If a supply disruption is temporary and modest, monetary policy should mostly ‘look through’ it. Raising interest rates makes little sense if inflation is expected to ease once temporary supply disruptions are resolved – it would only weaken the job market.

    By contrast, when a supply shock is likely to have a longer lasting effect on the economy and inflation there may be stronger grounds for monetary policy to respond.

    The outlook

    In its latest published forecasts, in May, the bank said that if, as markets expected, it lowers its cash rate target to 3.4% by the end of the year, then unemployment would rise marginally, to 4.3%, while its preferred measure of underlying inflation drops to 2.6%.

    The Reserve Bank will release its updated forecasts after its next policy meeting on August 12, when it is also expected to cut interest rates.

    Better monthly inflation data on the way

    The Reserve Bank governor has made clear she regards the quarterly inflation series as a better guide than the current monthly series. At her May press conference she said:

    We get four readings on inflation a year.

    The Australian Bureau of Statistics has announced it is upgrading the monthly consumer price index (CPI) with effect from the October 2025 reading. It will then have the same coverage as the current quarterly CPI. But it will still be a more volatile measure than the quarterly.

    The bank will go through a learning experience becoming familiar with the new monthly series.



    Read more:
    Australia’s inflation rate is to go monthly. Be careful what you wish for

    John Hawkins was formerly a senior economist at the Reserve Bank.

    – ref. Reserve Bank says unemployment rise was not a shock, inflation on track – https://theconversation.com/reserve-bank-says-unemployment-rise-was-not-a-shock-inflation-on-track-261759

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: The Murray–Darling Basin Plan Evaluation is out. The next step is to fix the land, not just the flows

    Source: The Conversation (Au and NZ) – By Michael Stewardson, CEO One Basin CRC, The University of Melbourne

    Yarramalong Weir is one of many barriers to the passage of fish in the Murray-Darling Basin. Geoff Reid, One Basin CRC

    A report card into the A$13 billion Murray–Darling Basin Plan has found much work is needed to ensure the ecology of Australia’s largest river system is properly restored.

    The assessment, by the Murray–Darling Basin Authority, is the most comprehensive to date.

    The authority says the river system is doing better now than it would have without the plan, which aims to ensure sustainable water use for the environment, communities and industries. But it found there is more to be done.

    We are water, economics and environmental researchers with many years of experience working in the Murray-Darling Basin. We agree more work is needed, but with a more local focus, to restore the basin to health.

    This requires more than just more water for the environment. Coordinated local efforts to restore rivers and the surrounding land are desperately needed. There’s so much more to the river system than just the water it contains.

    Preparing for the 2026 Basin Plan Review (Murray–Darling Basin Authority)

    What’s the plan?

    The Murray-Darling Basin is Australia’s food bowl. But for too long, the health of environment was in decline – rivers were sick and wildlife was suffering. The river stopped flowing naturally to the sea because too much water was being taken from it.

    Poor land management has also degraded the river system over time. Floodplain vegetation has been damaged, the river channel has been re-engineered, and pest plants and animals have been introduced.

    The Murray-Darling Basin Plan was established in 2012. It aimed to recover water for the environment and safeguard the long-term health of the river system, while continuing to support productive agriculture and communities. It demanded more water for the environment and then described how this water would be delivered, in the form of targeted “environmental flows”.

    Since 2012, the allocation of water to various uses has gradually changed. So far, 2,069 billion litres (gigalitres) of surface water has been recovered for the environment. Combined with other earlier water recovery, a total of about 28% of water previously diverted for agriculture, towns and industry is now being used by the environment instead.

    A mixed report card

    The evaluation released today is the first step towards a complete review of the plan next year. The 2026 review will make recommendations to Environment and Water Minister Murray Watt. It will then be up to him to decide whether any changes are needed.

    It is a mixed report card. Ecological decline has been successfully halted at many sites. But sustained restoration of ecosystems across the basin is yet to be achieved, and native fish populations are in poor condition across 19 of the basin’s 23 catchments.

    Climate change is putting increasing pressure on water resources. More intense and frequent extreme climate events and an average 20–30% less streamflow (up to 50% in some rivers) are expected by mid-century.

    The evaluation also called for better policy and program design. Specifically, flexible programs have proven more effective than prescriptive, highly regulated programs.

    Finally, the report also highlights that the cost of water reform is increasing.

    Direct buybacks of water licences, mostly from irrigators, account for around two-thirds of the water recovered for the environment under the basin plan. Buybacks are the simplest and most cost-effective way to recover water but are controversial because of concerns about social and economic impacts.

    Much of the remaining water has been recovered through investment in more efficient water supply infrastructure, with water savings reserved for environmental use.

    The authority suggests different approaches will be needed for additional water recovery.

    Having plenty of native vegetation on river banks is important for river health.
    Geoff Reid, One Basin CRC

    Healthy rivers need more than water

    For the past two decades, measures to restore the Murray-Darling Basin have focused largely on water recovery. But research suggests attention now needs to be paid to other, more local actions.

    In March, one author of this article – Samantha Capon – identified nine priority actions to restore Australia’s inland river and groundwater ecosystems at local levels. They included:

    • revegetating land alongside waterways
    • retiring some farmland
    • modifying barriers to fish movements
    • installing modern fish screens on irrigation pumps.

    The study estimated such actions would cost around A$2.9 billion a year, if completed over the next 30 years.

    Works to restore vegetation or other environmental conditions at these critical habitats will only occur with landholders, as well as Traditional Owners.

    That’s because most of the basin’s wetlands and floodplain areas are on private property, including in irrigation districts.

    Irrigator involvement is needed to place fish screens on private irrigation pumps or retire farmland. There is a growing interest and some early experience in using private irrigation channels to deliver environmental water. This also requires local partnerships.

    The basin plan should include targets for environmental outcomes, not just water recovery. This will allow the benefits from local restoration measures and environmental flows to be included when tracking the plan.

    Such ecosystem accounting tools already exist. Research is urgently needed to make these tools both locally relevant and suitable for the basin plan.

    Time for a local approach

    To date, water for the environment under the basin plan has been recovered largely through centralised government-led programs. Decisions around the delivery of environmental flows are also largely in the hands of government agencies.

    But other local restoration actions are also needed.

    A business-as-usual approach would leave responsible agencies struggling to complete these vital local measures with limited funding, resources and accountability.

    Michael Stewardson is a member of the Advisory Committee on Social, Economic and Environmental Science, which advises the Murray Darling Basin Authority,, although he is not representing the views of this committee in this article. The committee is established under Section 203 of the Water Act 2007.
    Michael Stewardson is the CEO of the One Basin CRC, which is jointly funded under the commonwealth Cooperative Research Centre Program and by its partners listed here: https://onebasin.com.au/
    These partners include: state and federal government agencies including the Murray Darling Basin Authority; irrigation infrastructure operators (government owned and non-government), natural resource management agencies (government and non-government); agriculture businesses, industry organisation and R&D organisations; local government organisations; consulting companies in the water sector; technology companies; education and training organisations; and research organisation. Partners contribute to the One Basin CRC in the form of in-kind and cash contributions. The One Basin CRC is also funded by the Commonwealth Environmental Water Office under its FlowMER program. The views in this article do not necessarily represent the views of these partner and funding organisations.
    Michael Stewardson has previously received research funding from the Australian Research Council and both state and federal government agencies.

    Neville Crossman is a Program Leader for Adaptation and Innovation in the One Basin CRC. He is a past employee of the Murray-Darling Basin Authority (2018-2024). He has worked closely with a range of State and federal government agencies and many researchers, industry and community members in the Murray-Darling Basin throughout his career.

    Samantha Capon receives funding from the federal Department of Climate Change, Energy Efficiency, the Environment and Water (DCCEEW), NSW DCCEEW, the Cotton Research and Development Corporation. She is a member of the Murray-Darling Basin Authority’s Advisory Committee for Social, Economic and Environmental Science (ACSEES), but is not representing the view of this committee in this article. Samantha has worked closely with NRM agencies, a range of State and federal government agencies and many researchers, industry and community members in the Murray-Darling Basin throughout her career.

    Seth Westra is the Research Director for the One Basin CRC. He receives funding from the federal Department of Climate Change, Energy Efficiency, the Environment and Water (DCCEEW), NSW DCCEEW and the South Australian Department for Environment and Water (DEW). Seth is Research Director of the One Basin Cooperative Research Centre, Director of the Systems Cooperative, and has worked closely with NRM agencies, a range of State and federal government agencies and many researchers, industry and community members in the Murray-Darling Basin throughout his career.

    – ref. The Murray–Darling Basin Plan Evaluation is out. The next step is to fix the land, not just the flows – https://theconversation.com/the-murray-darling-basin-plan-evaluation-is-out-the-next-step-is-to-fix-the-land-not-just-the-flows-261840

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Submissions: Historic ruling finds climate change ‘imperils all forms of life’ and puts laggard nations on notice

    Source: The Conversation – Global Perspectives – By Jacqueline Peel, Professor of Law and Director, Melbourne Climate Futures, The University of Melbourne

    Hilaire Bule/Getty

    Climate change “imperils all forms of life” and countries must tackle the problem or face consequences under international law, the International Court of Justice (ICJ) has found.

    The court delivered its long-awaited advisory opinion overnight. The momentous case opens the door for countries impacted by climate disasters to sue major emitting countries for reparations.

    And citizens could seek to hold governments to account for a failure to safeguard their human rights if their own or other countries fail to take adequate action to ensure a safe climate.

    Here’s what the court ruled – and the global ramifications likely to flow from it.

    Vanuatu’s Climate Change Minister Ralph Regenvanu delivers a speech at a demonstration before the International Court of Justice issued its first advisory opinion on state’s legal obligations to address climate change.
    John Thys/AFP

    Climate change breaches human rights

    The ICJ case was instigated by law students at the University of the South Pacific in Vanuatu in 2019. They successfully launched a campaign for the court to examine two key issues: the obligations of countries to protect the climate from greenhouse gases, and the legal consequences for failing to do so.

    The court found a clean, healthy and sustainable environment is essential for the enjoyment of many other human rights. As such, it found, the full enjoyment of human rights cannot be ensured without the protection of the climate system and other parts of the environment.

    The ruling confirms climate change is much more than a legal problem. Rather, the justices concluded, it is an:

    existential problem of planetary proportions that imperils all forms of life and the very health of our planet.

    Most nations have signed up to global human rights agreements such as the International Covenant on Civil and Political Rights. The ICJ ruling means parties to those agreements must take measures to protect the climate system and other parts of the environment.

    An advisory opinion from the International Court of Justice is not legally binding. But it is an authoritative description of the state of the law and the rights of countries to seek reparations if the law is breached. As such, it carries great legal weight.

    Just as climate science assessments of the Intergovernmental Panel on Climate Change have become the gold standard for understanding the causes and impacts of climate change, the court’s ruling provides a clear baseline against which to assess countries’ action, or inaction, on climate change.

    Keeping 1.5°C alive?

    In recent years, many states’ emissions reduction targets under the Paris Agreement have seemed to “settle” at levels which would hold global temperature increases to 2°C at best.

    But the International Court of Justice ruled the much more ambitious 1.5°C goal had become the scientifically based consensus target under the Paris Agreement.

    Some countries argued formal emissions targets should be left to the discretion of each government. However, the court found against this. Rather, each nation’s targets had to be in line with – and make an adequate contribution to – the global goal of holding heating to 1.5°C.

    The court found each state’s emissions reduction pledges should be judged against a stringent “due diligence” standard. The standard takes into account each country’s historical contributions to emissions, level of development and national circumstances, among other factors.

    The ruling means rich countries, such as Australia, will be required under international law to make more ambitious emission-reduction pledges under the Paris Agreement, such as for the 2035 target currently under consideration by the Albanese government.

    The court decision also provides a measure of climate justice for small island states, which have historically low emissions but face a much higher risk of damage from climate change than other nations.

    Holding states accountable for inaction

    Because climate change is global, it is difficult – but not impossible – to attribute damage from extreme weather to the actions of any one nation or group of nations.

    On this question, the court said while climate change is caused by the cumulative impact of many human activities, it is scientifically possible to determine each nation’s total contribution to global emissions, taking into account both historical and current emissions.

    If a nation experiences damage caused by the failure of another nation, or group of nations, to fulfil international climate obligations, the ruling means legal proceedings may be launched against the nations causing the harm. It may result in compensation or other remedies.

    For small, climate-vulnerable nations such as those in the Alliance of Small Island States, this opens more legal options in their efforts to encourage high-emitting nations to properly address climate change.

    Importantly, the court made clear nations can be legally liable even if damage from climate change comes from many causes, including from the activities of private actors such as companies.

    That means nations cannot seek an exemption because others have contributed to the problem. They must also act to regulate companies and other entities under their jurisdiction whose activities contribute to climate change.

    Pacific Island nations emit very little but face huge threats from climate change.
    Luca Turati/Unsplash, CC BY-NC-ND

    Paris Agreement quitters aren’t safe

    One line of argument put to the court by Australia and other states was that climate treaties represented the only obligations to tackle climate change under international law.

    But the court found this was not the case. Rather, other international laws applied.

    The United States pulled out of the Paris Agreement earlier this year. The court’s opinion means the US and other nations are still accountable for climate harms under other international laws by which all countries are bound.

    Could this lead to greater climate action?

    The International Court of Justice has produced a truly historic ruling.

    It will set a new baseline in terms what countries need to do to address climate change and opens up new avenues of recourse against high-emitting states not doing enough on climate change.

    Jacqueline Peel receives funding from the Australian Research Council under her Australian Laureate Fellowship and Kathleen Fitzpatrick Award on ‘Transforming International Law for Corporate Climate Accountability’.

    – ref. Historic ruling finds climate change ‘imperils all forms of life’ and puts laggard nations on notice – https://theconversation.com/historic-ruling-finds-climate-change-imperils-all-forms-of-life-and-puts-laggard-nations-on-notice-261848

    MIL OSI –

  • MIL-Evening Report: Historic ruling finds climate change ‘imperils all forms of life’ and puts laggard nations on notice

    Source: The Conversation (Au and NZ) – By Jacqueline Peel, Professor of Law and Director, Melbourne Climate Futures, The University of Melbourne

    Hilaire Bule/Getty

    Climate change “imperils all forms of life” and countries must tackle the problem or face consequences under international law, the International Court of Justice (ICJ) has found.

    The court delivered its long-awaited advisory opinion overnight. The momentous case opens the door for countries impacted by climate disasters to sue major emitting countries for reparations.

    And citizens could seek to hold governments to account for a failure to safeguard their human rights if their own or other countries fail to take adequate action to ensure a safe climate.

    Here’s what the court ruled – and the global ramifications likely to flow from it.

    Vanuatu’s Climate Change Minister Ralph Regenvanu delivers a speech at a demonstration before the International Court of Justice issued its first advisory opinion on state’s legal obligations to address climate change.
    John Thys/AFP

    Climate change breaches human rights

    The ICJ case was instigated by law students at the University of the South Pacific in Vanuatu in 2019. They successfully launched a campaign for the court to examine two key issues: the obligations of countries to protect the climate from greenhouse gases, and the legal consequences for failing to do so.

    The court found a clean, healthy and sustainable environment is essential for the enjoyment of many other human rights. As such, it found, the full enjoyment of human rights cannot be ensured without the protection of the climate system and other parts of the environment.

    The ruling confirms climate change is much more than a legal problem. Rather, the justices concluded, it is an:

    existential problem of planetary proportions that imperils all forms of life and the very health of our planet.

    Most nations have signed up to global human rights agreements such as the International Covenant on Civil and Political Rights. The ICJ ruling means parties to those agreements must take measures to protect the climate system and other parts of the environment.

    An advisory opinion from the International Court of Justice is not legally binding. But it is an authoritative description of the state of the law and the rights of countries to seek reparations if the law is breached. As such, it carries great legal weight.

    Just as climate science assessments of the Intergovernmental Panel on Climate Change have become the gold standard for understanding the causes and impacts of climate change, the court’s ruling provides a clear baseline against which to assess countries’ action, or inaction, on climate change.

    Keeping 1.5°C alive?

    In recent years, many states’ emissions reduction targets under the Paris Agreement have seemed to “settle” at levels which would hold global temperature increases to 2°C at best.

    But the International Court of Justice ruled the much more ambitious 1.5°C goal had become the scientifically based consensus target under the Paris Agreement.

    Some countries argued formal emissions targets should be left to the discretion of each government. However, the court found against this. Rather, each nation’s targets had to be in line with – and make an adequate contribution to – the global goal of holding heating to 1.5°C.

    The court found each state’s emissions reduction pledges should be judged against a stringent “due diligence” standard. The standard takes into account each country’s historical contributions to emissions, level of development and national circumstances, among other factors.

    The ruling means rich countries, such as Australia, will be required under international law to make more ambitious emission-reduction pledges under the Paris Agreement, such as for the 2035 target currently under consideration by the Albanese government.

    The court decision also provides a measure of climate justice for small island states, which have historically low emissions but face a much higher risk of damage from climate change than other nations.

    Holding states accountable for inaction

    Because climate change is global, it is difficult – but not impossible – to attribute damage from extreme weather to the actions of any one nation or group of nations.

    On this question, the court said while climate change is caused by the cumulative impact of many human activities, it is scientifically possible to determine each nation’s total contribution to global emissions, taking into account both historical and current emissions.

    If a nation experiences damage caused by the failure of another nation, or group of nations, to fulfil international climate obligations, the ruling means legal proceedings may be launched against the nations causing the harm. It may result in compensation or other remedies.

    For small, climate-vulnerable nations such as those in the Alliance of Small Island States, this opens more legal options in their efforts to encourage high-emitting nations to properly address climate change.

    Importantly, the court made clear nations can be legally liable even if damage from climate change comes from many causes, including from the activities of private actors such as companies.

    That means nations cannot seek an exemption because others have contributed to the problem. They must also act to regulate companies and other entities under their jurisdiction whose activities contribute to climate change.

    Pacific Island nations emit very little but face huge threats from climate change.
    Luca Turati/Unsplash, CC BY-NC-ND

    Paris Agreement quitters aren’t safe

    One line of argument put to the court by Australia and other states was that climate treaties represented the only obligations to tackle climate change under international law.

    But the court found this was not the case. Rather, other international laws applied.

    The United States pulled out of the Paris Agreement earlier this year. The court’s opinion means the US and other nations are still accountable for climate harms under other international laws by which all countries are bound.

    Could this lead to greater climate action?

    The International Court of Justice has produced a truly historic ruling.

    It will set a new baseline in terms what countries need to do to address climate change and opens up new avenues of recourse against high-emitting states not doing enough on climate change.

    Jacqueline Peel receives funding from the Australian Research Council under her Australian Laureate Fellowship and Kathleen Fitzpatrick Award on ‘Transforming International Law for Corporate Climate Accountability’.

    – ref. Historic ruling finds climate change ‘imperils all forms of life’ and puts laggard nations on notice – https://theconversation.com/historic-ruling-finds-climate-change-imperils-all-forms-of-life-and-puts-laggard-nations-on-notice-261848

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Submissions: Books – SNAKE TALK: How the world’s ancient serpent stories can guide us

    Source: Text Publishing Company

    Book Authors – Tyson Yunkaporta & Megan Kelleher.

    Shining an Indigenous light on contemporary society, Snake Talk invites us to see the world through the eye of the snake

    The Serpent in Aboriginal stories is both creator and destroyer, dwelling between physical and spiritual worlds, between story and history, weaving across earth and sky. The Great Dividing Range is the body of the Serpent, but he does not separate us—he brings us together.

    What if this ancient Lore can be found everywhere? What if the stories of the Basilisk, Wyvern, Naga, Quetzalcoatl and many other mythic Serpents also contain the knowledge we need in this moment of crisis?

    In Snake Talk, Tyson Yunkaporta and Megan Kelleher follow these stories around the world from Kathmandu to Aotearoa, from Mesoamerica to China to northern Europe. They ask how we can align our human gifts with the patterns of creation, seeking answers from makers who pay homage to the Serpent in images and objects.

    This exhilarating new book—like Sand Talk and Right Story, Wrong Story—shines an Indigenous light on contemporary society. Snake Talk invites us to see the world through the eye of the Serpent.

     ‘An extraordinary invitation into the world of the Dreaming…Unheralded.’ Melissa Lucashenko on Sand Talk

    ‘Bristles with revelation…Vigorous brilliance…both sensible and subversive.’ Age on Right Story, Wrong Story

    Tyson Yunkaporta:


    Tyson Yunkaporta is an Aboriginal scholar, founder of the Indigenous Knowledge Systems Lab at Deakin University in Melbourne, and author of Sand Talk. His work focuses on applying Indigenous methods of inquiry to resolve complex issues and explore global crises.

    Megan Kelleher:

    Megan Kelleher belongs to the Barada and Kapalbara peoples of Central Queensland and the branch of the Kelleher clan living in regional Victoria. She is currently undertaking her PhD at RMIT University in the School of Media and Communication and was honoured to be awarded one of RMIT’s Vice Chancellor’s Indigenous Pre‑Doctoral Fellowships in 2018.

    Megan is investigating whether the affordances of blockchain technology are culturally appropriate for Indigenous governance, and is undertaking this research as a core member of the Digital Ethnography Research Centre (DERC) and as a PhD Candidate within The ARC Centre of Excellence for Automated Decision-Making and Society (ADM+S). When she is not training to be an academic, Megan is a devoted mother of her three beautiful children, Eden, Diver and Onyx.

    2 SEP 2025
    Non-fiction Paperback, 224pp
    AU $36.99 / NZ $45.00
    ISBN 9781922790941

    MIL OSI – Submitted News –

  • MIL-OSI Submissions: Books – SNAKE TALK: How the world’s ancient serpent stories can guide us

    Source: Text Publishing Company

    Book Authors – Tyson Yunkaporta & Megan Kelleher.

    Shining an Indigenous light on contemporary society, Snake Talk invites us to see the world through the eye of the snake

    The Serpent in Aboriginal stories is both creator and destroyer, dwelling between physical and spiritual worlds, between story and history, weaving across earth and sky. The Great Dividing Range is the body of the Serpent, but he does not separate us—he brings us together.

    What if this ancient Lore can be found everywhere? What if the stories of the Basilisk, Wyvern, Naga, Quetzalcoatl and many other mythic Serpents also contain the knowledge we need in this moment of crisis?

    In Snake Talk, Tyson Yunkaporta and Megan Kelleher follow these stories around the world from Kathmandu to Aotearoa, from Mesoamerica to China to northern Europe. They ask how we can align our human gifts with the patterns of creation, seeking answers from makers who pay homage to the Serpent in images and objects.

    This exhilarating new book—like Sand Talk and Right Story, Wrong Story—shines an Indigenous light on contemporary society. Snake Talk invites us to see the world through the eye of the Serpent.

     ‘An extraordinary invitation into the world of the Dreaming…Unheralded.’ Melissa Lucashenko on Sand Talk

    ‘Bristles with revelation…Vigorous brilliance…both sensible and subversive.’ Age on Right Story, Wrong Story

    Tyson Yunkaporta:


    Tyson Yunkaporta is an Aboriginal scholar, founder of the Indigenous Knowledge Systems Lab at Deakin University in Melbourne, and author of Sand Talk. His work focuses on applying Indigenous methods of inquiry to resolve complex issues and explore global crises.

    Megan Kelleher:

    Megan Kelleher belongs to the Barada and Kapalbara peoples of Central Queensland and the branch of the Kelleher clan living in regional Victoria. She is currently undertaking her PhD at RMIT University in the School of Media and Communication and was honoured to be awarded one of RMIT’s Vice Chancellor’s Indigenous Pre‑Doctoral Fellowships in 2018.

    Megan is investigating whether the affordances of blockchain technology are culturally appropriate for Indigenous governance, and is undertaking this research as a core member of the Digital Ethnography Research Centre (DERC) and as a PhD Candidate within The ARC Centre of Excellence for Automated Decision-Making and Society (ADM+S). When she is not training to be an academic, Megan is a devoted mother of her three beautiful children, Eden, Diver and Onyx.

    2 SEP 2025
    Non-fiction Paperback, 224pp
    AU $36.99 / NZ $45.00
    ISBN 9781922790941

    MIL OSI – Submitted News –

  • MIL-OSI Russia: Two students from the Physics Department of NSU passed the selection and presented their research in Moscow – at the International School on Quantum Technologies ISQT

    Translation. Region: Russian Federal

    Source: Novosibirsk State University –

    An important disclaimer is at the bottom of this article.

    The International School of Quantum Technologies ISQT was held in Moscow, bringing together 30 of the best students from all over Russia. Among the participants were Ksenia Kozlenko and Ekaterina Kozlova, first-year master’s students Physics Department of NSUThey passed a competitive selection and presented poster reports, presenting their own research in the field of quantum physics.

    — The selection was based on the CV, motivation letter, and recommendation letter. The scientific supervisor told me about the school. I applied and was included in the list of participants. I was very worried, but it turned out I was in vain. The atmosphere was warm and truly student-like. The poster session was not a formal defense before the committee — you could freely communicate, share experiences, ask questions, and listen to others. This was the first conference where I really wanted to stay and talk to everyone, — says Ksenia Kozlenko.

    The topic of her speech was the development of a quantum computer on neutral atoms. This architecture is currently being actively developed in the USA, but remains technically complex.

    — My task is to model logical operations in the context of quantum computing and find out whether it is possible to simplify the system without losing accuracy. After school, I understood more clearly in what direction to develop, and even found answers to some questions about work. And I also met guys who are truly inspiring — everyone was passionate about their topic and sincerely wanted to share knowledge. This impressed me the most, — Ksenia explains.

    Ekaterina Kozlova presented a study on the Hanle effect in the ground state of alkali metal atoms and its application in quantum magnetometry.

    — Based on this effect, it is possible to develop miniature and very sensitive magnetometers. They can be used in medicine (for example, for magnetoencephalography), in geophysics, in navigation, for creating magnetic maps, in space and fundamental science. That is, this is not just “theory for the sake of theory”, but a completely practical direction, and I am glad that I was able to present it at such a level, — explains Ekaterina.

    One of the most memorable moments for her was a visit to the RCC laboratory, where they work with SQUIDs – superconducting quantum interference sensors.

    — These sensors are the main competitors of optically pumped magnetometers, which we make in our lab. It was useful to compare approaches and equipment. We even held a SQUID in our hands and saw how it works — this gave me even more understanding of my topic, — Ekaterina shares.

    The students call the poster presentation format particularly valuable.

    “It’s like a regular report, only in a live format – communication takes place right next to the poster, you can immediately discuss the nuances, argue, get feedback, and you can also go and see what others are doing and get inspired,” says Ekaterina.

    Now the girls continue to work on their research and are preparing to present new results at the upcoming conference – “Nevskaya Photonics”.

    Congratulations to the girls and we wish them success!

    Material prepared by: Yulia Dankova, NSU press service

    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: Dassault Systèmes: Q2 well aligned with objectives; Reaffirming 2025 growth outlook Advancing AI for software-defined industries

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    VELIZY-VILLACOUBLAY, France — July 24, 2025

    Dassault Systèmes: Q2 well aligned with objectives; Reaffirming 2025 growth outlook

    Advancing AI for software-defined industries

    Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today reports its IFRS unaudited estimated financial results for the second quarter 2025 and first half ended June 30, 2025. The Group’s Board of Directors approved these estimated results on July 23, 2025. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix.

    Summary Highlights1  

    (unaudited, IFRS and non-IFRS unless otherwise noted,
    all growth rates in constant currencies)

    • 2Q25: Total revenue of €1.52 billion, up 6%, well aligned with objectives;
    • 2Q25: Software revenue up 6%, driven by subscription revenue up 10%;
    • 2Q25: 3DEXPERIENCE software revenue up 20% with good dynamics across industries;
    • 2Q25: Operating margin of 29.3% and diluted EPS non-IFRS up 4% to €0.30;
    • For the first six months, recurring revenue up 7% driven by subscription growth of 13%;
    • FY25: Reaffirming non-IFRS full-year objectives with total revenue growth of 6% to 8% and diluted EPS growth of 7% to 10%.

    Dassault Systèmes’ Chief Executive Officer Commentary

    Pascal Daloz, Dassault Systèmes’ Chief Executive Officer, commented:

    “The first half of the year reaffirmed the strength of our core Manufacturing sector, with resilient performance in Transportation & Mobility and strong growth in High-Tech. Aerospace & Defense also had an excellent start, with notable engagement at the Paris Air Show, underscoring our leadership in these strategic areas. In Life Sciences, our PLM solutions are playing more and more a critical role in driving the evolution toward smarter manufacturing and agile supply chains.

    As we look to the future, Dassault Systèmes is uniquely positioned to help clients navigate the increasingly complex and dynamic global landscape. Our focus on high-growth segments, particularly Space, Defense, Energy, and AI-driven cloud infrastructure, places us at the core of sovereignty and security challenges.

    With the introduction of 3D UNIV+RSES, presented at our Capital Markets Day, we are entering new high-value territories such as regulatory and compliance management. AI will be a key enabler in these areas, and early customer feedback has been exceptionally promising. With AI for software-defined industries, we are confident that our continued innovation will unlock new levels of value for our clients, reinforcing our role as a trusted partner in their transformation journeys.”

    Dassault Systèmes’ Chief Financial Officer Commentary

    (revenue and diluted EPS (“EPS”) growth rates in constant currencies,
    data on a non-IFRS basis)

    Rouven Bergmann, Dassault Systèmes’ Chief Financial Officer, commented:

    “In Q2, both total and software revenues grew by 6%, in line with our objectives. Year-to-date, we’ve seen a 5% increase in growth, with subscription rising 13%. Our performance across the Manufacturing sector has been resilient, particularly driven by the continued strength of SIMULIA, ENOVIA, and CATIA.

    On the operational front, we remain committed to strategic investments aimed at capturing long-term value, while protecting EPS. The acquisition of Ascon is a key step in accelerating the shift to software-defined manufacturing.

    Looking ahead, we maintain our outlook for full-year revenue growth between 6-8%, with EPS growth expected to range from 7-10%. Additionally, we’ve updated our currency assumptions for the second half of the year.”

    Financial Summary

    In millions of Euros,
    except per share data and percentages    		   IFRS   IFRS
      Q2 2025 Q2 2024 Change Change in constant currencies   YTD 2025 YTD 2024 Change Change in constant currencies
    Total Revenue   1,521.6 1,495.8 2% 5%   3,094.6 2,995.4 3% 4%
    Software Revenue   1,372.7 1,346.5 2% 6%   2,805.4 2,699.4 4% 5%
    Operating Margin   15.9% 18.4% (2.6)pts     17.6% 20.0% (2.4)pts  
    Diluted EPS   0.17 0.21 (19)%     0.37 0.42 (14)%  
    In millions of Euros,
    except per share data and percentages    		   Non-IFRS   Non-IFRS
      Q2 2025 Q2 2024 Change Change in constant currencies   YTD 2025 YTD 2024 Change Change in constant currencies
    Total Revenue   1,523.2 1,495.8 2% 6%   3,096.2 2,995.4 3% 5%
    Software Revenue   1,374.2 1,346.5 2% 6%   2,807.0 2,699.4 4% 5%
    Operating Margin   29.3% 29.9% (0.7)pts     30.1% 30.5% (0.4)pts  
    Diluted EPS   0.30 0.30 (1)% 4%   0.61 0.60 2% 5%

    Second Quarter 2025 Versus 2024 Financial Comparisons

    (unaudited, IFRS and non-IFRS unless otherwise noted,
    all revenue growth rates in constant currencies)

    • Total Revenue: Total revenue in the second quarter grew 5% in IFRS and 6% in non-IFRS, to €1.52 billion, and software revenue increased by 6% to €1.37 billion. Subscription & support revenue rose 6%; recurring revenue represented 80% of software revenue. Licenses and other software revenue rose 5% to €276 million. Services revenue increased 3% to €149 million, during the quarter.
    • Software Revenue by Geography: The Americas revenue increased by 2% to represent 37% of software revenue, with High-Tech and Industrial Equipment performing well. Europe grew by 10% to 39% of software revenue, reflecting an acceleration led by France and Southern Europe. In Asia, revenue rose 6% with strong double-digit growth in China. Asia represented 24% of software revenue at the end of the second quarter.
    • Software Revenue by Product Line:
      • Industrial Innovation software revenue rose 9% to €745 million. SIMULIA, CATIA and ENOVIA were the best contributors to growth. Industrial Innovation software represented 54% of software revenue, during the period.
      • Life Sciences software revenue was flat at €268 million, to account for 20% of software revenue.
      • Mainstream Innovation software revenue increased by 3% to €360 million in IFRS, and was up 4% to €361 million in non-IFRS, represented 26% of software revenue. SOLIDWORKS had a strong subscription growth, advancing its business model shift.
    • Software Revenue by Industry: Industrial Equipment, High Tech, Transportation & Mobility and Aerospace & Defense were the best contributors to growth this quarter. In Life Sciences, Dassault Systèmes’ PLM solutions are playing more and more a critical role in driving the evolution toward smarter manufacturing and agile supply chains. In fact, outside of the MEDIDATA product line, Life Sciences revenue grew mid-teens.
    • Key Strategic Drivers: 3DEXPERIENCE software revenue increased 20% and represented 41% of 3DEXPERIENCE Eligible software revenue. Cloud software revenue grew 6% in non-IFRS, representing 25% of software revenue during the period. 3DEXPERIENCE Cloud software revenue increased 15% in constant currencies.
    • Operating Income and Margin: IFRS operating income decreased 12%, to €242 million, as reported. Non-IFRS operating income decreased 0.4% at €446 million, as reported. The IFRS operating margin stood at 15.9% compared to 18.4% in the second quarter of 2024, mainly reflecting the effect of the employee shareholding plan “TOGETHER 2025” offered during the quarter. The non-IFRS operating margin totaled 29.3%, versus 29.9% in the same period of last year, with a negative currency impact of 50 basis points.
    • Earnings per Share: IFRS diluted EPS was €0.17, decreasing 19% as reported. Non-IFRS diluted EPS grew to €0.30, down 1% as reported, up 4% in constant currencies.

    First Half 2025 Versus 2024 Financial Comparisons

    (unaudited, IFRS and non-IFRS unless otherwise noted,
    all revenue growth rates in constant currencies)

    • Total Revenue: Total revenue grew 4% to €3.09 billion in IFRS, and was up 5% to €3.10 billion in non-IFRS. Software revenue increased 5% to €2.81 billion. Subscription and support revenue rose 7% to €2.33 billion; recurring revenue represented 83% of total software revenue. Licenses and other software revenue decreased 2% to €474 million. Services revenue was down 2% to €289 million.
    • Software Revenue by Geography: The Americas, Europe and Asia all grew 5%, representing respectively 40%, 37% and 23% of software revenue.
    • Software Revenue by Product Line:
      • Industrial Innovation software revenue rose 8% to €1.54 billion and represented 55% of software revenue. CATIA, SIMULIA and ENOVIA were among the strongest contributors to growth.
      • Life Sciences software revenue was flat to €561 million, representing 20% of software revenue.
      • Mainstream Innovation software revenue increased by 3% to €707 million in IFRS and to €708 million in non-IFRS. Mainstream Innovation represented 25% of software revenue.
    • Software Revenue by Industry: Aerospace & Defense, High Tech, Industrial Equipment and Transport & Mobility were among the strongest contributors to growth. In Life Sciences, Dassault Systèmes’ PLM solutions are playing more and more a critical role in driving the evolution toward smarter manufacturing and agile supply chains. In fact, outside of the MEDIDATA product line, Life Sciences revenue grew mid-teens.
    • Key Strategic Drivers: 3DEXPERIENCE software revenue increased by 19%, representing 40% of 3DEXPERIENCE Eligible software revenue. Cloud software revenue grew 7% in non-IFRS, and represented 25% of software revenue. 3DEXPERIENCE Cloud software revenue increased 26% in constant currencies.
    • Operating Income and Margin: IFRS operating income was down 9%, to €546 million, as reported. Non-IFRS operating income increased 2% to €932 million, as reported. IFRS operating margin totaled 17.6% compared to 20% for the same period in 2024, mainly reflecting the combined effect of the employee shareholding plan “TOGETHER 2025” and higher share-based compensation related social charges, notably in France, where the rate rose from 20% to 30% in the first half of 2025. Non-IFRS operating margin stood at 30.1% in the first half of 2025, compared to 30.5% in the same period last year, impacted by negative currency effect of 30 basis points.
    • Earnings per Share: IFRS diluted EPS was €0.37, a decrease of 14% as reported. Non-IFRS diluted EPS grew by 2% to €0.61, as reported, or 5% in constant currencies.
    • Cash Flow from Operations (IFRS): Cash flow from operations totaled €1.15 billion for the first six months of 2025, compared to €1.13 billion last year. Cash flow from operations was principally used for the acquisition of ContentServ for €202 million, repurchase of Treasury Shares for €225 million and dividend payments for €343 million.
    • Balance Sheet (IFRS): Dassault Systèmes’ net financial position totaled €1.51 billion as of June 30, 2025, an increase of €0.05 billion, compared to €1.46 billion for the year ended December 31, 2024. Cash and cash equivalents totaled €4.08 billion in the first half.

    Financial Objectives for 2025

    Dassault Systèmes’ third quarter and 2025 financial objectives presented below are given on a non-IFRS basis and reflect the principal 2025 currency exchange rate assumptions for the US dollar and Japanese yen as well as the potential impact from additional non-Euro currencies:

               
          Q3 2025 FY 2025  
      Total Revenue (billion) €1.485 – €1.535 €6.410 – €6.510  
      Growth 1 – 5% 3 – 5%  
      Growth ex FX 5 – 8% 6 – 8%  
               
      Software revenue growth * 5 – 9% 6 – 8%  
        Of which licenses and other software revenue growth * 7 – 14% 4 – 7%  
        Of which recurring revenue growth * 5 – 8% 7 – 8%  
      Services revenue growth *

    1 – 5%

    		 1 – 3%  
               
      Operating Margin 29.7% – 29.9% 32.2% – 32.4%  
               
      EPS Diluted €0.29 – €0.30 €1.32 – €1.35  
      Growth 0 – 4% 3 – 6%  
      Growth ex FX 5 – 9% 7 – 10%  
               
      US dollar $1.17 per Euro $1.13 per Euro  
      Japanese yen (before hedging) JPY 170.0 per Euro JPY 166.1 per Euro  
      * Growth in Constant Currencies      

    These objectives are prepared and communicated only on a non-IFRS basis and are subject to the cautionary statement set forth below.

    The 2025 non-IFRS financial objectives set forth above do not take into account the following accounting elements below and are estimated based upon the 2025 principal currency exchange rates above: contract liabilities write-downs estimated at approximately €4 million; share-based compensation expenses, including related social charges, estimated at approximately €324 million (these estimates do not include any new stock option or share grants issued after June 30, 2025); amortization of acquired intangibles and of tangibles reevaluation, estimated at approximately €336 million, largely impacted by the acquisition of MEDIDATA; and lease incentives of acquired companies at approximately €1 million.

    The above objectives also do not include any impact from other operating income and expenses, net principally comprised of acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets; from one-time items included in financial revenue; from one-time tax effects; and from the income tax effects of these non-IFRS adjustments. Finally, these estimates do not include any new acquisitions or restructuring completed after June 30, 2025.

    Corporate Announcements

    Today’s Webcast and Conference Call Information

    Today, Thursday, July 24, 2025, Dassault Systèmes will host in Paris a webcasted presentation at 9:00 AM London Time / 10:00 AM Paris time, and will then host a conference call at 8:30 AM New York time / 1:30 PM London time / 2:30 PM Paris time. The webcasted presentation and conference calls will be available online by accessing investor.3ds.com.

    Additional investor information is available at investor.3ds.com or by calling Dassault Systèmes’ Investor Relations at +33.1.61.62.69.24.

    Investor Relations Events

    • Third Quarter 2025 Earnings Release: October 23, 2025
    • Fourth Quarter 2025 Earnings Release: February 11, 2026
    • First Quarter 2026 Earnings Release: April 23, 2026
    • Second Quarter 2026 Earnings Release: July 23, 2026

    Forward-looking Information

    Statements herein that are not historical facts but express expectations or objectives for the future, including but not limited to statements regarding the Group’s non-IFRS financial performance objectives are forward-looking statements. Such forward-looking statements are based on Dassault Systèmes management’s current views and assumptions and involve known and unknown risks and uncertainties. Actual results or performances may differ materially from those in such statements due to a range of factors.

    The Group’s actual results or performance may be materially negatively affected by numerous risks and uncertainties, as described in the “Risk Factors” section 1.9 of the 2024 Universal Registration Document (‘Document d’enregistrement universel’) filed with the AMF (French Financial Markets Authority) on March 18, 2025, available on the Group’s website www.3ds.com.

    In particular, please refer to the risk factor “Uncertain Global Environment” in section 1.9.1.1 of the 2024 Universal Registration Document set out below for ease of reference:

    “In light of the uncertainties regarding economic, business, social, health and geopolitical conditions at the global level, Dassault Systèmes’ revenue, net earnings and cash flows may grow more slowly, whether on an annual or quarterly basis, mainly due to the following factors:

    • the deployment of Dassault Systèmes’ solutions may represent a large portion of a customer’s investments in software technology. Decisions to make such an investment are impacted by the economic environment in which the customers operate. Uncertain global geopolitical, economic and health conditions and the lack of visibility or the lack of financial resources may cause some customers, e.g. within the automotive, aerospace, energy or natural resources industries, to reduce, postpone or cancel their investments, or to reduce or not renew ongoing paid maintenance for their installed base, which impact larger customers’ revenue with their respective sub-contractors;
    • the political, economic and monetary situation in certain geographic regions where Dassault Systèmes operates could become more volatile and negatively affect Dassault Systèmes’ business, and in particular its revenue, for example, due to stricter export compliance rules or the introduction of new customs barriers or controls on the exchange of goods and services;
    • continued pressure or volatility on raw materials and energy prices could also slow down Dassault Systèmes’ diversification efforts in new industries;
    • uncertainties regarding the extent and duration of costs inflation could adversely affect the financial position of Dassault Systèmes; and
    • the sales cycle of the Dassault Systèmes’ products – already relatively long due to the strategic nature of such investments for customers – could further lengthen.

    The occurrence of crises – health and political crises in particular – could have consequences both for the health and safety of Dassault Systèmes’ employees and for the Company. It could also adversely impact the financial situation or financing and supply capabilities of Dassault Systèmes’ existing and potential customers, commercial and technology partners, some of whom may be forced to temporarily close sites or to cease operations. A deteriorating economic environment could generate increased price pressure and affect the collection of receivables, which would negatively affect Dassault Systèmes’ revenue, financial performance and market position.

    Dassault Systèmes makes every effort to take into consideration this uncertain outlook. Dassault Systèmes’ business results, however, may not develop as anticipated. Furthermore, due to factors affecting sales of Dassault Systèmes’ products and services, there may be a substantial time lag between an improvement in global economic and business conditions and an upswing in the Company’s business results.”

    In preparing such forward-looking statements, the Group has in particular assumed an average US dollar to euro exchange rate of US$1.17 per €1.00 as well as an average Japanese yen to euro exchange rate of JPY170.0 to €1.00, before hedging for the third quarter 2025. The Group has assumed an average US dollar to euro exchange rate of US$1.13 per €1.00 as well as an average Japanese yen to euro exchange rate of JPY166.1 to €1.00, before hedging for the full year 2025. However, currency values fluctuate, and the Group’s results may be significantly affected by changes in exchange rates.

    Non-IFRS Financial Information

    Readers are cautioned that the supplemental non-IFRS financial information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered in isolation from or as a substitute for IFRS measurements. The supplemental non-IFRS financial information should be read only in conjunction with the Company’s consolidated financial statements prepared in accordance with IFRS. Furthermore, the Group’s supplemental non-IFRS financial information may not be comparable to similarly titled “non-IFRS” measures used by other companies. Specific limitations for individual non-IFRS measures are set forth in the Company’s 2024 Universal Registration Document filed with the AMF on March 18, 2025.

    In the tables accompanying this press release the Group sets forth its supplemental non-IFRS figures for revenue, operating income, operating margin, net income and diluted earnings per share, which exclude the effect of adjusting the carrying value of acquired companies’ deferred revenue, share-based compensation expense and related social charges, the amortization of acquired intangible assets and of tangibles reevaluation, certain other operating income and expense, net, including impairment of goodwill and acquired intangibles, the effect of adjusting lease incentives of acquired companies, certain one-time items included in financial revenue and other, net, and the income tax effect of the non-IFRS adjustments and certain one-time tax effects. The tables also set forth the most comparable IFRS financial measure and reconciliations of this information with non-IFRS information.

    FOR MORE INFORMATION

    Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

    ABOUT DASSAULT SYSTÈMES

    Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 370 000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact.
    For more information, visit www.3ds.com.

    Dassault Systèmes Investor Relations Team                FTI Consulting

    Beatrix Martinez: +33 1 61 62 40 73                        Arnaud de Cheffontaines: +33 1 47 03 69 48

                                                            Jamie Ricketts : +44 20 3727 1600

    investors@3ds.com

    Dassault Systèmes Press Contacts

    Corporate / France        Arnaud MALHERBE        arnaud.malherbe@3ds.com        +33 (0)1 61 62 87 73

    © Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

    APPENDIX TABLE OF CONTENTS

    Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.    

    Glossary of Definitions

    Non-IFRS Financial Information

    Acquisitions and Foreign Exchange Impact

    Condensed consolidated statements of income

    Condensed consolidated balance sheet

    Condensed consolidated cash flow statement

    IFRS – non-IFRS reconciliation

    DASSAULT SYSTÈMES – Glossary of Definitions

    Information in Constant Currencies

    Dassault Systèmes has followed a long-standing policy of measuring its revenue performance and setting its revenue objectives exclusive of currency in order to measure in a transparent manner the underlying level of improvement in its total revenue and software revenue by activity, industry, geography and product lines. The Group believes it is helpful to evaluate its growth exclusive of currency impacts, particularly to help understand revenue trends in its business. Therefore, the Group provides percentage increases or decreases in its revenue and expenses (in both IFRS and non-IFRS) to eliminate the effect of changes in currency values, particularly the U.S. dollar and the Japanese yen, relative to the euro. When trend information is expressed “in constant currencies”, the results of the “prior” period have first been recalculated using the average exchange rates of the comparable period in the current year, and then compared with the results of the comparable period in the current year.

    While constant currency calculations are not considered to be an IFRS measure, the Group believes these measures are critical to understanding its global revenue results and to compare with many of its competitors who report their financial results in U.S. dollars. Therefore, Dassault Systèmes includes this calculation to compare IFRS and non-IFRS revenue figures for comparable periods. All information at constant currencies is expressed as a rounded percentage and therefore may not precisely reflect the absolute figures.

    Information on Growth excluding acquisitions (“organic growth”)

    In addition to financial indicators relating to the Group’s entire scope, Dassault Systèmes also provides growth information excluding acquisitions’ effects, and named organic growth. To do so, the Group’s data is restated to exclude acquisitions, from the date of the transaction, over a period of 12 months.

    Information on Industrial Sectors

    Dassault Systèmes provides broad end-to-end software solutions and services: its 3D UNIV+RSES (made of multiple virtual twin experiences) powered by the 3DEXPERIENCE platform combine modeling, simulation, data science, artificial intelligence and collaborative innovation to support companies in the three sectors it serves, namely Manufacturing Industries, Life Sciences & Healthcare, and Infrastructure & Cities.

    These three sectors comprise twelve industries:

    • Manufacturing Industries: Transportation & Mobility; Aerospace & Defense; Marine & Offshore; Industrial Equipment; High-Tech; Home & Lifestyle; Consumer Packaged Goods – Retail. In Manufacturing Industries, Dassault Systèmes helps customers virtualize their operations, improve data sharing and collaboration across their organization, reduce costs and time-to-market, and become more sustainable;
    • Life Sciences & Healthcare: Life Sciences & Healthcare. In this sector, the Group aims to address the entire cycle of the patient journey to lead the way toward precision medicine. To reach the broader healthcare ecosystem from research to commercial, the Group’s solutions connect all elements from molecule development to prevention to care, and combine new therapeutics, medical practices, and Medtech;
    • Infrastructure & Cities: Infrastructure, Energy & Materials; Architecture, Engineering & Construction; Business Services; Cities & Public Services. In Infrastructure & Cities, the Group supports the virtualization of the sector in making its industries more efficient and sustainable, and creating desirable living environments.

    Information on Product Lines

    The Group’s financial reporting on product lines includes the following information:

    • Industrial Innovation software revenue, which includes CATIA, ENOVIA, SIMULIA, DELMIA, GEOVIA, NETVIBES, and 3DEXCITE brands;
    • Life Sciences software revenue, which includes MEDIDATA and BIOVIA brands;
    • Mainstream Innovation software revenue, which includes its CENTRIC PLM and 3DVIA brands, as well as the SOLIDWORKS brand and its expanded offerings in design, simulation, PLM, and manufacturing.

    OUTSCALE has been a Dassault Systèmes brand since 2022, extending the portfolio of software applications. As the first sovereign and sustainable operator on the cloud, OUTSCALE enables governments and corporations from all sectors to achieve digital autonomy through a Cloud experience and with a world-class cyber governance.

    GEOs

    Eleven GEOs are responsible for driving the development of the Company’s business and implementing its customer‑centric engagement model. Teams leverage strong networks of local customers, users, partners, and influencers.

    These GEOs are structured into three groups:

    • the “Americas” group, made of two GEOs;
    • the “Europe” group, comprising Europe, Middle East and Africa (EMEA) and made of four GEOs;
    • the “Asia” group, comprising Asia and Oceania and made of five GEOs.

    3DEXPERIENCE Software Contribution

    To measure the relative share of 3DEXPERIENCE software in its revenues, Dassault Systèmes calculates the percentage contribution by comparing total 3DEXPERIENCE software revenue to software revenue for all product lines except SOLIDWORKS, MEDIDATA, CENTRIC PLM and other acquisitions (defined as “3DEXPERIENCE Eligible software revenue”).

    Cloud revenue

    Cloud revenue is generated from contracts that provide access to cloud-based solutions (SaaS), infrastructure as a service (IaaS), cloud solution development and cloud managed services. These offerings are delivered by Dassault Systèmes through its own cloud infrastructure or by third-party cloud providers. They are available through different deployment methods: Dedicated cloud, Sovereign cloud and International cloud. Cloud solutions are generally offered through subscription-based models or perpetual licenses with support and hosting services.

    DASSAULT SYSTÈMES

    NON-IFRS FINANCIAL INFORMATION

    (unaudited; in millions of Euros, except per share data, percentages, headcount and exchange rates)

    Non-IFRS key figures exclude the effects of adjusting the carrying value of acquired companies’ contract liabilities (deferred revenue), share-based compensation expense, including related social charges, amortization of acquired intangible assets and of tangible assets revaluation, lease incentives of acquired companies, other operating income and expense, net, including the acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets, certain one-time items included in financial loss, net, certain one-time tax effects and the income tax effects of these non-IFRS adjustments.

    Comparable IFRS financial information and a reconciliation of the IFRS and non-IFRS measures are set forth in the separate tables within this Attachment.

    In millions of Euros, except per share data, percentages, headcount and exchange rates Non-IFRS reported
    Three months ended Six months ended
    June 30,

    2025

    		 June 30,

    2024

    		 Change Change in constant currencies June 30,

    2025

    		 June 30,

    2024

    		 Change Change in constant currencies
    Total Revenue € 1,523.2 € 1,495.8 2% 6% € 3,096.2 € 2,995.4 3% 5%
                     
    Revenue breakdown by activity                
    Software revenue 1,374.2 1,346.5 2% 6% 2,807.0 2,699.4 4% 5%
    Of which licenses and other software revenue 275.6 271.8 1% 5% 473.7 490.3 (3)% (2)%
    Of which subscription and support revenue 1,098.6 1,074.8 2% 6% 2,333.2 2,209.1 6% 7%
    Services revenue 148.9 149.2 (0)% 3% 289.2 296.1 (2)% (2)%
                     
    Software revenue breakdown by product line                
    Industrial Innovation 744.6 701.9 6% 9% 1,537.7 1,433.2 7% 8%
    Life Sciences 268.3 281.7 (5)% 0% 560.9 566.4 (1)% 0%
    Mainstream Innovation 361.3 363.0 (0)% 4% 708.3 699.7 1% 3%
                     
    Software Revenue breakdown by geography                
    Americas 505.0 525.5 (4)% 2% 1,116.2 1,079.1 3% 5%
    Europe 534.8 491.9 9% 10% 1,048.0 995.1 5% 5%
    Asia 334.4 329.1 2% 6% 642.8 625.2 3% 5%
                     
    Operating income € 446.1 € 447.8 (0)%   € 932.2 € 914.3 2%  
    Operating margin 29.3% 29.9%     30.1% 30.5%    
                     
    Net income attributable to shareholders € 391.0 € 397.1 (2)%   € 811.2 € 794.3 2%  
    Diluted earnings per share € 0.30 € 0.30 (1)% 4% € 0.61 € 0.60 2% 5%
                     
    Closing headcount 26,253 25,811 2%   26,253 25,811 2%  
                     
    Average Rate USD per Euro 1.13 1.08 5%   1.09 1.08 1%  
    Average Rate JPY per Euro 163.81 167.77 (2)%   162.12 164.46 (1)%  

    DASSAULT SYSTÈMES

    ACQUISITIONS AND FOREIGN EXCHANGE IMPACT

    (unaudited; in millions of Euros)

    In millions of Euros Non-IFRS reported o/w growth at constant rate and scope o/w change of scope impact at current year rate o/w FX impact on previous year figures
    June 30,

    2025

    		 June 30,

    2024

    		 Change
    Revenue QTD 1,523.2 1,495.8 27.4 72.6 7.5 (52.7)
    Revenue YTD 3,096.2 2,995.4 100.7 125.9 7.7 (32.9)

    DASSAULT SYSTÈMES

    CONDENSED CONSOLIDATED STATEMENTS OF INCOME

    (unaudited; in millions of Euros, except per share data and percentages)

    In millions of Euros, except per share data and percentages IFRS reported
    Three months ended Six months ended
    June 30, June 30, June 30, June 30,
    2025 2024 2025 2024
    Licenses and other software revenue 275.6 271.8 473.7 490.3
    Subscription and Support revenue 1,097.1 1,074.8 2,331.7 2,209.1
    Software revenue 1,372.7 1,346.5 2,805.4 2,699.4
    Services revenue 148.9 149.2 289.2 296.1
    Total Revenue € 1,521.6 € 1,495.8 € 3,094.6 € 2,995.4
    Cost of software revenue (1) (120.1) (124.8) (249.3) (236.8)
    Cost of services revenue (144.6) (127.9) (275.7) (259.8)
    Research and development expenses (348.7) (326.1) (697.3) (637.5)
    Marketing and sales expenses (448.0) (423.8) (894.5) (844.1)
    General and administrative expenses (123.7) (111.6) (244.2) (216.7)
    Amortization of acquired intangible assets and of tangible assets revaluation (85.4) (92.3) (173.8) (185.6)
    Other operating income and expense, net (9.3) (13.2) (13.7) (15.0)
    Total Operating Expenses (1,279.9) (1,219.8) (2,548.4) (2,395.4)
    Operating Income € 241.7 € 276.0 € 546.1 € 600.0
    Financial income (loss), net 29.9 33.3 60.2 63.4
    Income before income taxes € 271.5 € 309.2 € 606.3 € 663.5
    Income tax expense (53.0) (47.7) (128.4) (116.0)
    Net Income € 218.6 € 261.5 € 477.9 € 547.5
    Non-controlling interest 4.9 1.2 6.1 1.0
    Net Income attributable to equity holders of the parent € 223.5 € 262.7 € 484.0 € 548.4
    Basic earnings per share 0.17 0.20 0.37 0.42
    Diluted earnings per share € 0.17 € 0.21 € 0.37 € 0.42
    Basic weighted average shares outstanding (in millions) 1,315.9 1,313.2 1,314.9 1,313.7
    Diluted weighted average shares outstanding (in millions) 1,324.4 1,326.2 1,325.7 1,328.7

            (1) Excluding amortization of acquired intangible assets and of tangible assets revaluation.

    IFRS reported

     

    		 Three months ended June 30, 2025 Six months ended June 30, 2025
    Change (2) Change in constant currencies Change (2) Change in constant currencies
    Total Revenue 2% 5% 3% 4%
    Revenue by activity        
    Software revenue 2% 6% 4% 5%
    Services revenue (0)% 3% (2)% (2)%
    Software Revenue by product line        
    Industrial Innovation 6% 9% 7% 8%
    Life Sciences (5)% 0% (1)% 0%
    Mainstream Innovation (1)% 3% 1% 3%
    Software Revenue by geography        
    Americas (4)% 2% 3% 5%
    Europe 8% 10% 5% 5%
    Asia 2% 6% 3% 5%

                    (2) Variation compared to the same period in the prior year.

    DASSAULT SYSTÈMES

    CONDENSED CONSOLIDATED BALANCE SHEET

    (unaudited; in millions of Euros)

    In millions of Euros IFRS reported
    June 30, December 31,
    2025 2024
    ASSETS    
    Cash and cash equivalents 4,083.7 3,952.6
    Trade accounts receivable, net 1,575.9 2,120.9
    Contract assets 40.1 30.1
    Other current assets 406.2 464.0
    Total current assets 6,105.9 6,567.6
    Property and equipment, net 903.5 945.8
    Goodwill and Intangible assets, net 7,030.3 7,687.1
    Other non-current assets 375.7 345.5
    Total non-current assets 8,309.4 8,978.3
    Total Assets € 14,415.3 € 15,545.9
    LIABILITIES    
    Trade accounts payable 183.2 259.9
    Contract liabilities 1,559.3 1,663.4
    Borrowings, current 534.0 450.8
    Other current liabilities 1,063.0 1,147.4
    Total current liabilities 3,339.5 3,521.5
    Borrowings, non-current 2,043.9 2,042.8
    Other non-current liabilities 836.0 900.9
    Total non-current liabilities 2,879.9 2,943.7
    Non-controlling interests 11.5 14.1
    Parent shareholders’ equity 8,184.3 9,066.6
    Total Liabilities € 14,415.3 € 15,545.9

    DASSAULT SYSTÈMES

    CONDENSED CONSOLIDATED CASH FLOW STATEMENT

    (unaudited; in millions of Euros)

    In millions of Euros IFRS reported
    Three months ended Six months ended
    June 30, June 30, Change June 30, June 30, Change
    2025 2024 2025 2024
    Net income attributable to equity holders of the parent 223.5 262.7 (39.3) 484.0 548.4 (64.4)
    Non-controlling interest (4.9) (1.2) (3.7) (6.1) (1.0) (5.1)
    Net income 218.6 261.5 (42.9) 477.9 547.5 (69.5)
    Depreciation of property and equipment 48.5 45.1 3.4 98.9 92.7 6.2
    Amortization of intangible assets 86.2 94.2 (8.0) 175.9 189.4 (13.5)
    Adjustments for other non-cash items 20.5 36.6 (16.1) 36.6 74.3 (37.7)
    Changes in working capital (39.4) 21.9 (61.3) 358.0 226.3 131.7
    Net Cash From Operating Activities € 334.3 € 459.3 € ( 124.9) € 1,147.3 € 1,130.2 € 17.2
                 
    Additions to property, equipment and intangibles assets (39.3) (50.6) 11.3 (95.3) (107.8) 12.5
    Payment for acquisition of businesses, net of cash acquired (9.2) (11.2) 2.0 (202.9) (15.7) (187.2)
    Other 3.2 0.8 2.3 (34.6) 23.1 (57.7)
    Net Cash Provided by (Used in) Investing Activities € (45.3) € (61.0) € 15.6 € (332.8) € (100.4) € (232.4)
                 
    Proceeds from exercise of stock options 7.4 13.9 (6.5) 29.6 35.2 (5.7)
    Cash dividends paid (342.6) (302.7) (39.9) (342.6) (302.7) (39.9)
    Repurchase and sale of treasury stock (144.7) (176.6) 31.8 (224.8) (307.7) 82.9
    Capital increase 111.3 – 111.3 111.3 – 111.3
    Acquisition of non-controlling interests 0.0 (0.0) 0.0 (0.2) (2.6) 2.5
    Proceeds from borrowings 121.3 – 121.3 81.0 – 81.0
    Repayment of borrowings – (0.1) 0.1 (18.5) (0.2) (18.4)
    Repayment of lease liabilities (22.7) (18.3) (4.4) (45.4) (42.3) (3.0)
    Net Cash Provided by (Used in) Financing Activities € (270.0) € (483.7) € 213.7 € (409.5) € (620.2) € 210.7
                 
    Effect of exchange rate changes on cash and cash equivalents (178.1) 21.0 (199.1) (273.9) 53.6 (327.5)
                 
    Increase (decrease) in cash and cash equivalents € (159.1) € (64.4) € (94.7) € 131.2 € 463.2 € (332.1)
                 
    Cash and cash equivalents at beginning of period € 4,242.9 € 4,095.9   € 3,952.6 € 3,568.3  
    Cash and cash equivalents at end of period € 4,083.7 € 4,031.5   € 4,083.7 € 4,031.5  

    DASSAULT SYSTÈMES
    SUPPLEMENTAL NON-IFRS FINANCIAL INFORMATION
    IFRS – NON-IFRS RECONCILIATION
    (unaudited; in millions of Euros, except per share data and percentages)

    Readers are cautioned that the supplemental non-IFRS information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered as a substitute for IFRS measurements. Also, the Group’s supplemental non-IFRS financial information may not be comparable to similarly titled “non-IFRS” measures used by other companies. Further specific limitations for individual non-IFRS measures, and the reasons for presenting non-IFRS financial information, are set forth in the Group’s Document d’Enregistrement Universel for the year ended December 31, 2024 filed with the AMF on March 18, 2025. To compensate for these limitations, the supplemental non-IFRS financial information should be read not in isolation, but only in conjunction with the Group’s consolidated financial statements prepared in accordance with IFRS.

    In millions of Euros, except per share data and percentages Three months ended June 30, Change
    2025 Adjustment(1) 2025 2024 Adjustment(1) 2024 IFRS Non-IFRS(2)
    IFRS Non-IFRS IFRS Non-IFRS
    Total Revenue € 1,521.6 € 1.6 € 1,523.2 € 1,495.8 – € 1,495.8 2% 2%
    Revenue breakdown by activity                
    Software revenue 1,372.7 1.6 1,374.2 1,346.5 – 1,346.5 2% 2%
    Licenses and other software revenue 275.6 – 275.6 271.8 – 271.8 1% 1%
    Subscription and Support revenue 1,097.1 1.6 1,098.6 1,074.8 – 1,074.8 2% 2%
    Recurring portion of Software revenue 80%   80% 80%   80%    
    Services revenue 148.9 – 148.9 149.2 – 149.2 (0)% (0)%
    Software Revenue breakdown by product line                
    Industrial Innovation 744.6 – 744.6 701.9 – 701.9 6% 6%
    Life Sciences 268.3 – 268.3 281.7 – 281.7 (5)% (5)%
    Mainstream Innovation 359.7 1.6 361.3 363.0 – 363.0 (1)% (0)%
    Software Revenue breakdown by geography                
    Americas 505.0 – 505.0 525.5 – 525.5 (4)% (4)%
    Europe 533.4 1.4 534.8 491.9 – 491.9 8% 9%
    Asia 334.3 0.1 334.4 329.1 – 329.1 2% 2%
    Total Operating Expenses € (1,279.9) € 202.9 € (1,077.1) € (1,219.8) € 171.9 € (1,047.9) 5% 3%
    Share-based compensation expense and related social charges (107.7) 107.7 – (65.8) 65.8 –    
    Amortization of acquired intangible assets and of tangible assets revaluation (85.4) 85.4 – (92.3) 92.3 –    
    Lease incentives of acquired companies (0.4) 0.4 – (0.5) 0.5 –    
    Other operating income and expense, net (9.3) 9.3 – (13.2) 13.2 –    
    Operating Income € 241.7 € 204.4 € 446.1 € 276.0 € 171.9 € 447.8 (12)% (0)%
    Operating Margin 15.9%   29.3% 18.4%   29.9%    
    Financial income (loss), net 29.9 0.6 30.4 33.3 0.5 33.8 (10)% (10)%
    Income tax expense (53.0) (32.8) (85.7) (47.7) (36.4) (84.1) 11% 2%
    Non-controlling interest 4.9 (4.7) 0.3 1.2 (1.6) (0.4) 300% (167)%
    Net Income attributable to shareholders € 223.5 € 167.6 € 391.0 € 262.7 € 134.4 € 397.1 (15)% (2)%
    Diluted Earnings Per Share (3) € 0.17 € 0.13 € 0.30 € 0.21 € 0.09 € 0.30 (19)% (1)%

    (1) In the reconciliation schedule above, (i) all adjustments to IFRS revenue data reflect the exclusion of the effect of adjusting the carrying value of acquired companies’ contract liabilities (deferred revenue); (ii) adjustments to IFRS operating expense data reflect the exclusion of the amortization of acquired intangible assets and of tangible assets revaluation, share-based compensation expense, including related social charges, lease incentives of acquired companies, as detailed below, and other operating income and expense, net including acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets; (iii) adjustments to IFRS financial loss, net reflect the exclusion of certain one-time items included in financial loss, net, and; (iv) all adjustments to IFRS income data reflect the combined effect of these adjustments, plus with respect to net income and diluted earnings per share, certain one-time tax effects and the income tax effect of the non-IFRS adjustments.

    In millions of Euros, except percentages Three months ended June 30, Change
    2025

    IFRS

    		 Share-based compensation expense and related social charges Lease incentives of acquired companies 2025

    Non-IFRS

    		 2024

    IFRS

    		 Share-based compensation expense and related social charges Lease incentives of acquired companies 2024

    Non-IFRS

    		 IFRS Non-

    IFRS
    Cost of revenue (264.7) 13.9 0.1 (250.7) (252.8) 5.0 0.1 (247.6) 5% 1%
    Research and development expenses (348.7) 28.9 0.1 (319.7) (326.1) 20.4 0.2 (305.5) 7% 5%
    Marketing and sales expenses (448.0) 39.7 0.1 (408.2) (423.8) 23.2 0.1 (400.5) 6% 2%
    General and administrative expenses (123.7) 25.2 0.0 (98.5) (111.6) 17.2 0.0 (94.3) 11% 4%
    Total   € 107.7 € 0.4     € 65.8 € 0.5      

    (2) The non-IFRS percentage increase (decrease) compares non-IFRS measures for the two different periods. In the event there is non-IFRS adjustment to the relevant measure for only one of the periods under comparison, the non-IFRS increase (decrease) compares the non-IFRS measure to the relevant IFRS measure.
    (3) Based on a weighted average 1,324.4 million diluted shares for Q2 2025 and 1,326.2 million diluted shares for Q2 2024, and, for IFRS only, a diluted net income attributable to the sharehorlders of € 223.5 million for Q2 2025 (€ 276.7 million for Q2 2024). The Diluted net income attributable to equity holders of the Group corresponds to the Net Income attributable to equity holders of the Group adjusted by the impact of the share-based compensation plans to be settled either in cash or in shares at the option of the Group.

    DASSAULT SYSTÈMES
    SUPPLEMENTAL NON-IFRS FINANCIAL INFORMATION
    IFRS – NON-IFRS RECONCILIATION
    (unaudited; in millions of Euros, except per share data and percentages)

    Readers are cautioned that the supplemental non-IFRS information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered as a substitute for IFRS measurements. Also, the Group’s supplemental non-IFRS financial information may not be comparable to similarly titled “non-IFRS” measures used by other companies. Further specific limitations for individual non-IFRS measures, and the reasons for presenting non-IFRS financial information, are set forth in the Group’s Document d’Enregistrement Universel for the year ended December 31, 2024 filed with the AMF on March 18, 2025. To compensate for these limitations, the supplemental non-IFRS financial information should be read not in isolation, but only in conjunction with the Group’s consolidated financial statements prepared in accordance with IFRS.

    In millions of Euros, except per share data and percentages Six months ended June 30, Change
    2025 Adjustment(1) 2025 2024 Adjustment(1) 2024 IFRS Non-IFRS(2)
    IFRS Non-IFRS IFRS Non-IFRS
    Total Revenue € 3,094.6 € 1.6 € 3,096.2 € 2,995.4 – € 2,995.4 3% 3%
    Revenue breakdown by activity                
    Software revenue 2,805.4 1.6 2,807.0 2,699.4 – 2,699.4 4% 4%
    Licenses and other software revenue 473.7 – 473.7 490.3 – 490.3 (3)% (3)%
    Subscription and Support revenue 2,331.7 1.6 2,333.2 2,209.1 – 2,209.1 6% 6%
    Recurring portion of Software revenue 83%   83% 82%   82%    
    Services revenue 289.2 – 289.2 296.1 – 296.1 (2)% (2)%
    Software Revenue breakdown by product line                
    Industrial Innovation 1,537.7 – 1,537.7 1,433.2 – 1,433.2 7% 7%
    Life Sciences 560.9 – 560.9 566.4 – 566.4 (1)% (1)%
    Mainstream Innovation 706.8 1.6 708.3 699.7 – 699.7 1% 1%
    Software Revenue breakdown by geography                
    Americas 1,116.1 0.1 1,116.2 1,079.1 – 1,079.1 3% 3%
    Europe 1,046.6 1.4 1,048.0 995.1 – 995.1 5% 5%
    Asia 642.7 0.1 642.8 625.2 – 625.2 3% 3%
    Total Operating Expenses € (2,548.4) € 384.4 € (2,164.0) € (2,395.4) € 314.3 € (2,081.1) 6% 4%
    Share-based compensation expense and related social charges (196.2) 196.2 – (112.6) 112.6 –    
    Amortization of acquired intangible assets and of tangible assets revaluation (173.8) 173.8 – (185.6) 185.6 –    
    Lease incentives of acquired companies (0.8) 0.8 – (1.2) 1.2 –    
    Other operating income and expense, net (13.7) 13.7 – (15.0) 15.0 –    
    Operating Income € 546.1 € 386.0 € 932.2 € 600.0 € 314.3 € 914.3 (9)% 2%
    Operating Margin 17.6%   30.1% 20.0%   30.5%    
    Financial income (loss), net 60.2 1.1 61.3 63.4 1.5 64.9 (5)% (6)%
    Income tax expense (128.4) (54.4) (182.8) (116.0) (68.0) (184.0) 11% (1)%
    Non-controlling interest 6.1 (5.6) 0.5 1.0 (1.9) (0.9) N/A (152)%
    Net Income attributable to shareholders € 484.0 € 327.2 € 811.2 € 548.4 € 245.9 € 794.3 (12)% 2%
    Diluted Earnings Per Share (3) € 0.37 € 0.25 € 0.61 € 0.42 € 0.17 € 0.60 (14)% 2%

    (1) In the reconciliation schedule above, (i) all adjustments to IFRS revenue data reflect the exclusion of the effect of adjusting the carrying value of acquired companies’ contract liabilities (deferred revenue); (ii) adjustments to IFRS operating expense data reflect the exclusion of the amortization of acquired intangible assets and of tangible assets revaluation, share-based compensation expense, including related social charges, lease incentives of acquired companies, as detailed below, and other operating income and expense, net including acquisition, integration and restructuring expenses, and impairment of goodwill and acquired intangible assets; (iii) adjustments to IFRS financial loss, net reflect the exclusion of certain one-time items included in financial loss, net, and; (iv) all adjustments to IFRS income data reflect the combined effect of these adjustments, plus with respect to net income and diluted earnings per share, certain one-time tax effects and the income tax effect of the non-IFRS adjustments.

    In millions of Euros, except percentages Six months ended June 30, Change
    2025

    IFRS

    		 Share-based compensation expense and related social charges Lease incentives of acquired companies 2025

    Non-IFRS

    		 2024

    IFRS

    		 Share-based compensation expense and related social charges Lease incentives of acquired companies 2024

    Non-IFRS

    		 IFRS Non-

    IFRS
    Cost of revenue (525.0) 18.8 0.2 (505.9) (496.5) 8.0 0.3 (488.2) 6% 4%
    Research and development expenses (697.3) 61.4 0.3 (635.7) (637.5) 38.3 0.6 (598.7) 9% 6%
    Marketing and sales expenses (894.5) 64.2 0.2 (830.1) (844.1) 36.8 0.2 (807.1) 6% 3%
    General and administrative expenses (244.2) 51.8 0.1 (192.3) (216.7) 29.5 0.1 (187.1) 13% 3%
    Total   € 196.2 € 0.8     € 112.6 € 1.2      

    (2) The non-IFRS percentage increase (decrease) compares non-IFRS measures for the two different periods. In the event there is non-IFRS adjustment to the relevant measure for only one of the periods under comparison, the non-IFRS increase (decrease) compares the non-IFRS measure to the relevant IFRS measure.
    (3) Based on a weighted average 1,325.7 million diluted shares for YTD 2025 and 1,328.7 million diluted shares for YTD 2024, and, for IFRS only, a diluted net income attributable to the sharehorlders of € 484.0 million for YTD 2025 (€ 562.3 million for YTD 2024). The Diluted net income attributable to equity holders of the Group corresponds to the Net Income attributable to equity holders of the Group adjusted by the impact of the share-based compensation plans to be settled either in cash or in shares at the option of the Group.

    1 IFRS figures for 2Q25: Total revenue of €1.52 billion, up 5%, and subscription revenue up 9%; Operating margin of 15.9% and diluted EPS of €0.17; IFRS figures for YTD25: total revenue of €3.09 billion, subscription revenue up 12%; Operating margin of 17.6% and diluted EPS of €0.37.  

    Attachment

    The MIL Network –

  • MIL-Evening Report: Australia says US beef will soon be welcome here again. It’s unlikely we’ll buy much of it

    Source: The Conversation (Au and NZ) – By Felicity Deane, Professor of Trade Law and Taxation, Queensland University of Technology

    DarcyMaulsby/Getty

    The Albanese government has today confirmed it will lift biosecurity restrictions on beef imports from the United States. The timing of this decision has raised some eyebrows.

    Back in April, US President Donald Trump had singled out what he characterised as an Australian “ban” on US beef as he announced 10% baseline tariffs on imports from Australia.

    Responding to today’s announcement, Nationals leader David Littleproud said it appeared the restrictions have been “traded away to appease Donald Trump”.

    But Trade Minister Don Farrell said there was “nothing suspicious about this”. And some Australian industry groups have since expressed their confidence in the decision.

    So, has Australia’s beef industry been sold out for the benefit of a trade deal? Or is it just a poorly timed announcement at the end of a review into Australia’s restrictions?

    Biosecurity concerns

    Australia’s biosecurity rules, particularly around beef products, have long been a source of friction with the United States. These rules date back to the late 1990s and were strengthened following a US mad cow disease scare in 2003.

    In 2019, a ban was lifted on beef products from cattle that had been born, raised and slaughtered in the US. However, a ban remained on any products from cattle originating in Mexico or Canada that had been slaughtered in the US.

    This was a cause for some tension, because the traceability requirements in the US were not as stringent as in Australia. That meant it wasn’t always possible to determine the origins of US products. So the 2019 change effectively only applied to shelf-stable products – not fresh meat.

    Last month, the Albanese government made assurances Australia’s biosecurity rules wouldn’t be compromised in trade negotiations. But it also confirmed a review of the rules was underway.

    The National Farmers’ Federation acknowledged the government’s decision in a statement today:

    The report released today is the result of a long-standing, science-based review by the Australian Government into the biosecurity risks posed by cattle raised in Canada and Mexico, but processed in and exported from the US.

    Speaking on ABC Radio, Cattle Australia chief executive Will Evans acknowledged “a lot of people” may feel “blindsided” by the government’s decision, but expressed his confidence in the government’s process.

    Boom times for Australian beef

    Australians are some of the highest per-capita consumers of beef products in the world. But Australia is also the world’s second-largest beef exporter, trailing only Brazil.

    In contrast, the US is the world’s second-largest importer of beef, behind only China.

    That poses the question: how much do we actually need beef from the US? Is it even worth lifting this ban, if it will impact so few people?

    The beef industry might be fair to question whether this is for the benefit of their industry, when it seems the existing 10% baseline tariffs have had no impact on the volumes of beef being exported from Australia. Quite the opposite.

    In June, Australia’s beef exports broke an all-time monthly record, and the US continued to be our largest export market.

    In addition, it is important to recognise the US tariffs on beef would theoretically be absorbed by the consumer, rather than the exporter.

    The trade war rages on

    Theory suggests that international trade is a good thing (though not everyone is a “winner”). Where there is trade between nations, competitive pricing is encouraged and consumers may enjoy more product variety.

    Most restrictions on trade are viewed unfavourably by economists, but there are some notable exceptions. The health and safety of food products and assurance of biosecurity standards are such concerns.

    Overnight, comments from the Trump administration suggest the 10% tariffs on imports from Australia could be raised, with a new baseline tariff rate of 15%.

    To apply these to Australian beef is in direct conflict with the Australia and United States Free Trade Agreement (AUSFTA). This agreement progressively removed tariffs on Australian beef, with all tariffs eliminated by 2023.

    Consequently, any new US tariff would violate these terms, threatening a trade relationship that has seen beef exports to the US flourish.

    Is our reputation on the line?

    It is important to note that the biosecurity rules in Australia and the traceability requirements for our producers are a point of national pride.

    Central to Australia’s biosecurity framework is the Biosecurity Act 2015 and the National Livestock Identification System, which ensures traceability, food safety, disease control and animal welfare.

    This imposes strict requirements on Australian beef producers – and as a result, imposes costs. It also means Australian beef is considered a premium product in much of the world.

    Australians should hope the evidence from the government’s review fully supports this action.

    Given the unpredictability of the Trump administration, it remains to be seen whether lifting these restrictions will win Australia any concessions on trade anyway.

    Felicity Deane 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. Australia says US beef will soon be welcome here again. It’s unlikely we’ll buy much of it – https://theconversation.com/australia-says-us-beef-will-soon-be-welcome-here-again-its-unlikely-well-buy-much-of-it-261836

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Jet ski accidents are tragic but preventable. Here’s how to reduce the risk

    Source: The Conversation (Au and NZ) – By Milad Haghani, Associate Professor & Principal Fellow in Urban Risk & Resilience, The University of Melbourne

    Richard Hamilton Smith/Getty

    Two teenage boys were thrown from a jet ski during a ride on the Georges River in Sydney’s south this week. One died at the scene. The other lost an arm, and was rushed to hospital in a serious condition.

    The exact cause of the crash is being investigated and a report will be prepared for the coroner.

    Sadly, this tragic incident is not isolated. While fatal jet ski crashes are relatively rare, serious injuries are not.

    Here’s what we know about jet ski accidents, who’s at risk, and how to prevent them.

    Jet skis are now more common

    Jet skis have become a familiar sight on Australian waterways, with sales peaking during the early years of the COVID pandemic. There are now almost 100,000 registered jet skis nationwide.

    So what was once a niche summer thrill has become a more mainstream recreational activity, particularly for young Australians.

    As the number of jet skis on our waterways grows, so too will the risks.

    How often do accidents happen?

    Most jet ski crashes occur in daylight hours, are twice as likely on weekends, and tend to spike during warmer months. Injuries typically happen close to shore (often within 50 metres) where crowded conditions increase the risk of colliding with other vessels, swimmers or fixed obstacles.

    Fatal jet ski accidents in Australia have claimed the lives of riders, passengers, swimmers and kayakers.

    Across New South Wales, Queensland and Victoria, there are up to three deaths per 100,000 licence holders. There are an estimated 19–26 serious injuries per 100,000 licence holders, depending on the state.

    But these figures likely understate the true picture as many non-fatal injuries go unreported unless hospitalised.

    For example, data from research sponsored by the United States Coast Guard suggest that for every moderate injury captured in accident reports, more than 30 actually occur. For every severe injury, it’s likely 1.65 actually occur.

    Who is at risk?

    Global jet ski statistics indicate about 85% of jet ski injuries involve male riders.

    Risk-taking behaviour and being an inexperienced rider are also risk factors, with young adults dominating injury statistics.

    One review found about 60% of jet ski crashes involved the rider drinking alcohol.

    What types of injuries?

    Recreational riders often typically travel at 60–80 kilometres per hour. But these machines can reach speeds above 100km/h. This can generate immense force in the event of a collision.

    In a crash, riders are ejected from the jet ski or collide directly with water, the craft, another vessel or fixed objects. So the leading causes of death and serious injury on jet skis are from these traumatic impacts.

    A study from a US trauma centre looked at 127 people injured in jet ski incidents and found most injuries involved broken bones. The legs were most commonly affected, followed by arms, spine and hips.

    Hitting the handlebars was a major cause of open fractures (when a broken bone pierces the skin), some of which later became infected.

    Women and children face particular risks

    However, there is a distinct and concerning injury pattern for female passengers.

    Women riding on the back of a jet ski (as a passenger) are especially at risk of serious injuries to the genital and anal area. This can happen if they fall off backwards and land directly on the powerful stream of water coming from the jet nozzle.

    Case reports describe incidents of vaginal lacerations, rectal injuries and pelvic floor damage. Such injuries are rare but can be devastating and life-threatening. Sometimes there are permanent complications, such as the risk of infertility or incontinence.

    Children also face unique and often severe risks. A US study looked at 66 children hospitalised in jet ski accidents. It found most were boys with the average age of around 12 years old, and nearly three-quarters operated the jet ski themselves. About 70% of injuries involved collisions with another vessel or object. Four children died, all from head trauma after crashing into stationary objects. More than 40% were left with some degree of disability.

    What now?

    The risks from jet skis are real and too often underestimated. But many injuries can be prevented:

    • we need public education campaigns to remind riders of the risks and to promote better behaviour. This would remind riders to slow down in congested areas, avoid reckless turns, and be especially careful with passengers. As alcohol is a common factor in crashes, drinking in moderation before riding should also be stressed

    • women are recommended to wear neoprene protective shorts, or wetsuits, instead of ordinary swimwear. A growing number of medical professionals are now backing this as essential safety gear, not optional, to reduce the risk of perineal injuries from water jets

    • manufacturers can redesign handlebars to reduce the severity of impact injuries. They can also build in safeguards that reduce jet pressure when no one is seated at the rear (to safeguard the health of a passenger who falls off backwards)

    • states also need consistent rules on minimum rider age, training and licensing. The laws vary widely. These inconsistent regulations create confusion and loopholes, especially when riders cross borders.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Jet ski accidents are tragic but preventable. Here’s how to reduce the risk – https://theconversation.com/jet-ski-accidents-are-tragic-but-preventable-heres-how-to-reduce-the-risk-261746

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Submissions: Why Texas Hill Country, where a devastating flood killed more than 135 people, is one of the deadliest places in the US for flash flooding

    Source: The Conversation – USA (2) – By Hatim Sharif, Professor of Civil and Environmental Engineering, The University of Texas at San Antonio

    A Kerrville, Texas, resident watches the flooded Guadalupe River on July 4, 2025. Eric Vryn/Getty Images

    Texas Hill Country is known for its landscapes, where shallow rivers wind among hills and through rugged valleys. That geography also makes it one of the deadliest places in the U.S. for flash flooding.

    In the early hours of July 4, 2025, a flash flood swept through an area of Hill Country dotted with summer camps and small towns about 70 miles northwest of San Antonio. More than 135 people died in the flooding. The majority of them were in Kerr County, including more than two dozen girls and counselors at one summer camp, Camp Mystic. Dozens more people were still unaccounted for a week later.

    The flooding began with a heavy downpour, with more than 10 inches of rain in some areas, that sent water sheeting off the hillsides and into creeks. The creeks poured into the Guadalupe River.

    A river gauge at Hunt, Texas, near Camp Mystic, showed how quickly the river flooded: Around 3 a.m. on July 4, the Guadalupe River was rising about 1 foot every 5 minutes at the gauge, National Weather Service data shows. By 4:30 a.m., it had risen more than 20 feet. As the water moved downstream, it reached Kerrville, where the river rose even faster.

    Flood expert Hatim Sharif, a hydrologist and civil engineer at the University of Texas at San Antonio, explains what makes this part of the country, known as Flash Flood Alley, so dangerous.

    What makes Hill Country so prone to flooding?

    Texas as a whole leads the nation in flood deaths, and by a wide margin. A colleague and I analyzed data from 1959 to 2019 and found 1,069 people had died in flooding in Texas over those six decades. The next highest total was in Louisiana, with 693.

    Many of those flood deaths have been in Hill County. It’s part of an area known as Flash Flood Alley, a crescent of land that curves from near Dallas down to San Antonio and then westward.

    The hills are steep, and the water moves quickly when it floods. This is a semi-arid area with soils that don’t soak up much water, so the water sheets off quickly and the shallow creeks can rise fast.

    When those creeks converge on a river, they can create a surge of water that wipes out homes and washes away cars and, unfortunately, anyone in its path.

    Hill Country has seen some devastating flash floods. In 1987, heavy rain in western Kerr County quickly flooded the Guadalupe River, triggering a flash flood similar to the one in 2025. Ten teenagers being evacuated from a camp died in the rushing water.

    San Antonio, at the eastern edge of Hill Country, was hit with a flash flood on June 12, 2025, that killed 13 people whose cars were swept away by high water from a fast-flooding creek near an interstate ramp in the early morning.

    Why does the region get such strong downpours?

    One reason Hill Country gets powerful downpours is the Balcones Escarpment.

    The escarpment is a line of cliffs and steep hills created by a geologic fault. When warm air from the Gulf rushes up the escarpment, it condenses and can dump a lot of moisture. That water flows down the hills quickly, from many different directions, filling streams and rivers below.

    As temperature rise, the warmer atmosphere can hold more moisture, increasing the downpour and flood risk.

    A tour of the Guadalupe River and its flood risk.

    The same effect can contribute to flash flooding in San Antonio, where the large amount of paved land and lack of updated drainage to control runoff adds to the risk.

    What can be done to improve flash flood safety?

    First, it’s important for people to understand why flash flooding happens and just how fast the water can rise and flow. In many arid areas, dry or shallow creeks can quickly fill up with fast-moving water and become deadly. So people should be aware of the risks and pay attention to the weather.

    Improving flood forecasting, with more detailed models of the physics and water velocity at different locations, can also help.

    Probabilistic forecasting, for example, can provide a range of rainfall scenarios, enabling authorities to prepare for worst-case scenarios. A scientific framework linking rainfall forecasts to the local impacts, such as streamflow, flood depth and water velocity, could also help decision-makers implement timely evacuations or road closures.

    Education is particularly essential for drivers. One to two feet of moving water can wash away a car. People may think their trucks and SUVs can go through anything, but fast-moving water can flip a truck and carry it away.

    Officials can also do more to barricade roads when the flood risk is high to prevent people from driving into harm’s way. We found that 58% of the flood deaths in Texas over the past six decades involved vehicles. The storm on June 12 in San Antonio was an example. It was early morning, and drivers had poor visibility. The cars were hit by fast-rising floodwater from an adjacent creek.

    This article, originally published July 5, 2025, has been updated with the death toll rising.

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

    – ref. Why Texas Hill Country, where a devastating flood killed more than 135 people, is one of the deadliest places in the US for flash flooding – https://theconversation.com/why-texas-hill-country-where-a-devastating-flood-killed-more-than-135-people-is-one-of-the-deadliest-places-in-the-us-for-flash-flooding-260555

    MIL OSI –

  • MIL-OSI USA: Cassidy Secures $49 Million for Louisiana in FY 2026 Appropriations

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy

    WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) announced that he successfully secured $49,102,00.00 in Congressionally Directed Spending (CDS) in the first Fiscal Year (FY) 2026 Appropriations bills advanced by the U.S. Senate Appropriations Committee. These projects will support critical Louisiana priorities, from military construction and public safety to university research.
    “Whether it’s almost $1.4 million for Jefferson Parish to support criminal investigations, $500 thousand to the Northshore to address substance abuse and mental health issues, or multiple grants across the state to support first responders, this money works for the safety, security, and economic growth of Louisiana,” said Dr. Cassidy. Since taking office, Cassidy has emerged as one of the most effective U.S. Senators at directing federal dollars home to Louisiana, despite not serving on the Appropriations Committee. In FY2024, Roll Call reported that Cassidy was one of the top 20 senators in total funding secured for his state, and one of only five in that group who does not sit on the Appropriations Committee. That year, he secured a record $1.3 billion for Louisiana—the highest of any member of the state’s congressional delegation.
    See below for a list of the funding secured by Senator Cassidy.

    Funding Amount
    Recipient
    Project Description

    $30,000,000.00
    Fort Polk
    This funding will support construction of the Rotational Unit Billeting Area, Phase 1.

    $5,000,000.00
    University of Louisiana at Lafayette
    This funding will support purchase of equipment for the Silicon Bayou Semiconductor Technology Center.

    $4,000,000.00
    St. Bernard Parish
    This funding will support construction of a new fire station.

    $2,500,000.00
    Louisiana State University
    This funding will support LSU’s Electronic Microscopy Sight Initiative.

    $1,500,000.00
    City of Ruston Police Department
    This funding will support development of a Real Time Intelligence Crime Center.

    $1,395,000.00
    Jefferson Parish Coroner’s Office
    This funding will support purchase of advanced forensic equipment.

    $1,350,000.00
    University of New Orleans
    This funding will support instrumentation upgrades in computing and chemical sciences.

    $1,250,000.00
    East Baton Rouge DA’s Office
    This funding will support the Gun Intelligence Center Program.

    $794,000.00
    West Monroe Police Department
    This funding will support purchase of safety equipment for officers.

    $500,000.00
    22nd Judicial District Court
    This funding will support specialty courts for mental health and substance abuse treatment.

    $300,000.00
    Grant Parish Sheriff’s Office
    This funding will support upgrades to local law enforcement services.

    $263,000.00
    Town of Farmerville
    This funding will support renovations to the fire department.

    $250,000.00
    Tensas Parish Police Jury
    This funding will support security equipment upgrades.

    MIL OSI USA News –

  • MIL-Evening Report: Bali is built on informal and ‘illegal’ settlements. Bulldozing Bingin Beach misses the real threat of overdevelopment

    Source: The Conversation (Au and NZ) – By Kim Dovey, Professor of Architecture and Urban Design, The University of Melbourne

    Balinese officials have begun the demolition of more than 40 businesses at Bingin Beach, a popular tourist spot in the Uluwatu region.

    In June, the Balinese House of Representatives determined the settlement is on public land, and is therefore illegal and needs to be demolished. But I’d argue it doesn’t.

    The ‘illegal’ settlement

    The Bingin Beach coastal settlement began development in the 1970s as an informal surfer hub at the base of a steep escarpment. The beach is a few hundred metres long and largely disappears at high tide.

    Originally lined with a string of makeshift warungs (small food stores) and cheap accommodations, the settlement has grown incrementally over the decades, up and along the escarpment, with an intensive mix of surf shops, restaurants and small hotels.

    The steepness of the slope precludes vehicle access. The only public access is via two somewhat narrow pedestrian stairways.

    While it initially served the surfer community, the settlement now caters to a broader tourist market, with some rooms going for upwards of US$150 per night.

    But after more than 50 years of incremental development, the House of Representatives has declared the settlement was illegally constructed on state land, and has ordered the demolition of 45 buildings – effectively the entire settlement.

    While most of the buildings seem highly durable, the demolition order is based on illegality, and not durability. A spokesperson for the traders argues most of the businesses are locally owned, and livelihoods are at stake.

    The ‘legal’ settlement

    The former farmland at the top of the escarpment is also covered with tourist developments that mostly emerged since 2010, and now extend up to a kilometre inland. This is a much more familiar landscape for Bali: a mix of walled hotel compounds and private villas, with manicured gardens and swimming pools.

    However, one could scarcely call this larger settlement “planned”. Shops and restaurants emerge wherever they can find a market along the narrow roads. There are no sidewalks and pedestrians are constantly engaged in an anxious game of negotiated passing.

    The infrastructure of roads and lanes has also been designed incrementally, across the former farm fields, as the settlement developed. The resulting street network is convoluted and largely unwalkable. The most common street sign is “no beach access this way”.

    What is informality?

    I’m an academic, architect and urban planner who studies informal settlements and informal urbanism more generally. In this context “informal” can mean illegal, makeshift and unplanned, but it can also mean incremental, adaptive and inventive.

    Informal settlement is the means by which a large proportion of Indonesians produce affordable housing. It is also the most traditional form of indigenous housing globally.

    After many decades of governments trying to demolish such settlements, the overwhelming consensus across the United Nations Human Settlements Programme is that wholesale demolition is rarely an answer. On-site formalisation and upgrading is the more sustainable pathway.

    When engaging with informal settlements, we need to preserve the infrastructures that work and only demolish where necessary. The Bingin Beach escarpment settlement has proven sustainable and has become an integral part of the local heritage.

    Its demolition will destroy livelihoods and displace the surfing market, while feathering other nests.

    So why is it being demolished? Perhaps to clear the ground for the next round of up-market resorts – what urban studies research calls “accumulation by disposession”. Bingin is widely seen as a major real estate hotspot for investment.

    What is overdevelopment?

    One of the key dangers of informal settlement is “overdevelopment”. Without
    formal planning codes, density can escalate to destroy the very attraction that produced the settlement.

    Most buildings along the Bingin Beach escarpment are two to four storeys, and step back with the slope of the escarpment. The exception is the 2019 addition of the Morabito Art Cliff hotel that rises more than six storeys, obscuring the natural landscape, blocking views, and setting a precedent for more of the same.

    If everyone in the area built like this, the Bingin settlement would be replaced with a cliff of buildings. To demolish this one building would set a useful precedent of containing the settlement to a sustainable scale.

    The Impossibles dream

    A few hundred metres south-west of Bingin Beach, a different story unfolds near the beach known as Impossibles. Here, a precarious limestone cliff largely precludes access to the beach, and the clifftop has long been lined with low-rise tourist compounds.

    An aeriel view of the Uluwatu coast shows Bingin Beach and the Impossibles.
    Map data: Google, 2025 Maxar Technologies

    This earlier layer of development is now being demolished and replaced with larger, denser resorts as part of the Amali project which claims a “rare cliff-front location”. The location is “rare” because about half of the 50-metre-high cliff has been excavated to construct villa units quite literally in the cliff.

    This excavation was well underway when, in May 2024, it caused much of the remaining natural cliff face to collapse onto the beach and into the ocean. It remains unclear whether the excavation was formally approved. Either way, it prompts the question: what if everyone did that?

    The Bingin escarpment and the Impossibles cliff face represent very different kinds of development. One is incremental, irregular and geared to its social and environmental context, while the other is large-grain and environmentally destructive. It makes no sense to demolish the former in order to make way for the latter.

    It is imperative to not only save the Bingin Beach settlement, which is part of Bali’s surfing heritage, but also to awaken from the impossible dream of building more and more villas on this fragile and limited coastland.

    Kim Dovey 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. Bali is built on informal and ‘illegal’ settlements. Bulldozing Bingin Beach misses the real threat of overdevelopment – https://theconversation.com/bali-is-built-on-informal-and-illegal-settlements-bulldozing-bingin-beach-misses-the-real-threat-of-overdevelopment-261755

    MIL OSI Analysis – EveningReport.nz –