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Category: Vehicles

  • MIL-OSI: Purpose XRP ETF Receives OSC Receipt, Set to Launch on TSX on Wednesday, June 18, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 16, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce that it has received a final prospectus receipt for the Purpose XRP ETF, marking a significant milestone in the evolution of digital asset investing in Canada. The ETF is expected to begin trading on the Toronto Stock Exchange under the ticker XRPP on Wednesday, June 18.

    The Purpose XRP ETF will offer investors direct exposure to spot XRP, the native token of the XRP Ledger – a decentralized, open-source blockchain designed to facilitate fast and cost-effective cross-border payments. With this approval, Purpose continues to broaden access to digital assets through regulated and transparent investment vehicles.

    “The OSC’s granting of a receipt for the Purpose XRP ETF prospectus reinforces Canada’s global leadership in building a regulated digital asset ecosystem,” said Vlad Tasevski, Chief Innovation Officer at Purpose Investments. “We’re proud to continue pushing the boundaries of what’s possible in the space by offering investors simple, secure access to the infrastructure powering real-world blockchain adoption.”

    The ETF will be available in CAD-hedged (ticker XRPP), CAD non-hedged (ticker XRPP.B), and US dollar (ticker XRPP.U) units, and will be eligible for holding in registered accounts such as TFSAs and RRSPs.

    About Purpose Investments

    Purpose Investments is an asset management company with over $24 billion in assets under management, focused on client-centric innovation across ETFs and investment funds. Purpose is a division of Purpose Unlimited, an independent financial technology company led by entrepreneur Som Seif.

    For further information, please email us at info@purposeinvest.com.

    Media inquiries:
    Keera Hart
    keera.hart@kaiserpartners.com
    905-580-1257

    This offering is made only by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained from purposeinvest.com. Investors should read the prospectus before making an investment decision.

    The content of this document is for informational purposes only and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. Information contained in this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement or public offering of securities. No securities commission or similar regulatory authority has reviewed this information, and any representation to the contrary is an offence. The information contained in this document is believed to be accurate and reliable; however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice.

    Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed; their values change frequently, and past performance may not be repeated. Crypto assets can be extremely volatile, and there is no guarantee that the amount invested will be returned to you.

    Certain statements in this document may be forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: Apollo Capital Wins Proxy Contest at MediPharm Labs

    Source: GlobeNewswire (MIL-OSI)

    MediPharm Labs’ Board’s Material and Unprecedented Breaches of Securities Laws Are Part of Their Undoing

    Apollo Capital’s Entire Slate of Board Nominees Constitute the New Board of Directors for MediPharm Labs Effective Today

    TORONTO, June 16, 2025 (GLOBE NEWSWIRE) — Apollo Technology Capital Corporation (“Apollo Capital” or “Apollo”), which together with its affiliates and associates collectively is one of the largest shareholders of MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm”, “MediPharm Labs”, or the “Company”), owning approximately 3% of the Company’s common stock, announced today that it considers the results of MediPharm Labs’ 2025 Annual and Special Meeting of shareholders (“Annual Meeting”) a clear victory for Apollo, as all of MediPharm’s proxies – solicited using the green proxy form – are illegal and invalid under securities law and cannot be counted.

    Apollo Capital has been advised by its legal counsel that MediPharm’s solicitation of proxies in connection with the Annual Meeting is illegal due to material non-compliance with the notice-and-access laws under Section 2.7.1(2) of National Instrument 54-101 – Communication with Beneficial Owners of Securities of a Reporting Issuer (“NI 54-101”), since MediPharm illegally included additional materials in its proxy mailing that are expressly prohibited under Section 2.7.1(1)(a) of NI 54-101.

    These legal failures, which MediPharm has itself acknowledged, are not curable under the law, and demonstrate yet again MediPharm’s complete disregard for its shareholders and the law, in favor of the incumbent board’s personal interests. Given that MediPharm did not restart the election process and re-mail compliant materials to all shareholders at least 21 days in advance of the Annual Meeting, as clearly required under securities law, all proxies submitted on the green proxy card or voting instruction form were illegally solicited and must lawfully be declared invalid and discarded by Meeting Chair Chris Halyk. Apollo Capital’s GOLD proxies are therefore the only valid proxies on record.

    Meeting Chair Mr. Halyk testified under oath that he would not favor MediPharm over the dissident shareholders in his role and affirmed that he owes a fiduciary duty to all shareholders. As Chair, Mr. Halyk does not have the authority to waive illegal activity. If Mr. Halyk does not want to further implicate himself in this tainted and illegal process, the only course of action for him is to officially declare that any votes solicited using MediPharm’s green proxy form or voting instruction form are illegal under securities law and cannot be counted.

    MediPharm committed to obeying the law at the June 16, 2025 Annual Meeting when appearing before the Honorable Madame Justice Dietrich on June 10, 2025. Apollo is fully expecting MediPharm to comply with the commitment that it made to Justice Dietrich and vacate the board in favor of the Apollo nominees today, as is required by law.

    “This is not a legal technicality. This is an unprecedented breach of securities laws governing proxy solicitation meant to ensure each shareholder is fairly and consistently informed. We have never before seen such an egregious breach of these laws. This alone underscores the urgent need for new leadership at MediPharm. MediPharm’s board of directors (the “Board”) continues to act in unlawful and nefarious ways to further entrench and enrich themselves at shareholders’ expense,” said Regan McGee of Apollo Capital.

    With management’s green proxy cards and voting instruction forms invalid as a result of MediPharm’s illegal solicitation of proxies, the outcome of the election is unequivocal: Apollo Capital’s GOLD card has won. Apollo Capital has adhered fully to the rules governing proxy solicitation, conducted a fair and lawful election process, and – given that its GOLD proxy cards are the only valid proxies under applicable securities laws – Apollo Capital has secured victory in its campaign to restore value, integrity, legal compliance and leadership at MediPharm Labs.

    +++

    “MediPharm’s current leadership has presided over massive value destruction, poor governance, repeated strategic missteps and credible securities fraud allegations. Now, the same leadership stands behind a corrupt, tainted and illegal proxy process and tactics aimed at silencing shareholders and further entrenching themselves. Shareholder rights and the integrity of the vote have not been protected. MediPharm’s shareholders deserve better,” said Regan McGee of Apollo Capital.

    “During this proxy contest, MediPharm’s management and Board have repeatedly undermined a fair process through unlawful procedural violations, obstructionist tactics, and a disregard for basic principles of corporate governance. The premise for their entire campaign was to spread disinformation to their own shareholders. This is not the behavior of a Board acting in good faith or in the best interests of shareholders – it’s the behavior of entrenched directors desperate to cling to power at any cost. This is why the Board went to such great lengths to block the appointment of an independent chair. While we respectfully don’t agree with the decision to allow Mr. Halyk to act as the Meeting Chair, we will see if he rightfully declares the GOLD proxy cards the only valid ones.

    The law is crystal clear: if you break the notice-and-access laws, the proxies you solicit are illegal and invalid.

    Now that Apollo’s nominees have won the proxy contest and constitute the lawful board of directors of MediPharm Labs, we look forward to working with all shareholders to turn the Company around, work to get the share price back to over $1 per share and build MediPharm into the world’s leading medical cannabis company,” said Regan McGee of Apollo Capital.

    Contacts

    For Shareholders:
    Carson Proxy
    North American Toll-Free Phone: 1-800-530-5189
    Local or Text Message: 416-751-2066 (collect calls accepted)
    E: info@carsonproxy.com

    For Media:
    media@curemedipharm.com

    This solicitation is being made by and on behalf of Apollo Capital, who, as of the date of this Circular, beneficially owns or controls, directly and indirectly through its wholly-owned subsidiary, Nobul Technologies Inc., 12,491,500 common shares of the Company (“Common Shares”), representing approximately 3% of the total Common Shares issued and outstanding, and not by the management of the Company.

    Legal Disclosures

    Information in Support of Public Broadcast Exemption under Canadian Law

    In connection with the Annual Meeting of shareholders of MediPharm, Apollo Capital has filed an amended and restated dissident information circular dated May 15, 2025 (the “Circular”), as amended and supplemented by an addendum to the Circular subsequently filed by Apollo Capital and Patrick McCutcheon (together, the “Concerned Stakeholder”) dated June 4, 2025 (the “Addendum” and together with the Circular, the “Amended Circular”), each in compliance with applicable corporate and securities laws. The Concerned Stakeholder has provided in, or incorporated by reference into, this press release the disclosure required under section 9.2(4) of NI 51-102 – Continuous Disclosure Obligations (“NI 51-102”) and the corresponding exemption under the Business Corporations Act (Ontario), and has filed the Amended Circular, available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The Amended Circular contains disclosure prescribed by applicable corporate law and disclosure required under section 9.2(6) of NI 51-102 in respect of the Concerned Stakeholder’s director nominees, in accordance with corporate and securities laws applicable to public broadcast solicitations. The Amended Circular is hereby incorporated by reference into this press release and is available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The registered office of the Company is 151 John Street, Barrie, Ontario, Canada L4N 2L1.

    SHAREHOLDERS OF MEDIPHARM ARE URGED TO READ THE AMENDED CIRCULAR CAREFULLY BECAUSE IT CONTAINS IMPORTANT INFORMATION. Investors and shareholders are able to obtain free copies of the Amended Circular and any amendments or supplements thereto and further proxy circulars at no charge under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. In addition, shareholders are also able to obtain free copies of the Amended Circular and other relevant documents by contacting the Concerned Stakeholder’s proxy solicitor, Carson Proxy Advisors Ltd. (“Carson Proxy”) at 1-800-530-5189, local (collect outside North America): 416-751-2066 or by email at info@carsonproxy.com. Finally, the Amended Circular is available on this website https://www.curemedipharm.com/historical-filing/investor-flyer.

    Proxies may be revoked in accordance with subsection 110(4) of the Business Corporations Act (Ontario) by a registered shareholder of Company shares: (a) by completing and signing a valid proxy bearing a later date and returning it in accordance with the instructions contained in the accompanying form of proxy; (b) by depositing an instrument in writing executed by the shareholder or by the shareholder’s attorney authorized in writing; (c) by transmitting by telephonic or electronic means a revocation that is signed by electronic signature in accordance with applicable law, as the case may be: (i) at the registered office of the Company at any time up to and including the last business day preceding the day the Annual Meeting or any adjournment or postponement of the Annual Meeting is to be held, or (ii) with the chair of the Annual Meeting on the day of the Annual Meeting or any adjournment or postponement of the Annual Meeting; or (d) in any other manner permitted by law. In addition, proxies may be revoked by a non-registered holder of Company shares at any time by written notice to the intermediary in accordance with the instructions given to the non-registered holder by its intermediary. It should be noted that revocation of proxies or voting instructions by a non-registered holder can take several days or even longer to complete and, accordingly, any such revocation should be completed well in advance of the deadline prescribed in the form of proxy or voting instruction form to ensure it is given effect in respect of the Annual Meeting.

    The costs incurred in the preparation and mailing of any circular or proxy solicitation by the Concerned Stakeholder and any other participants named herein will be borne directly and indirectly by Apollo Capital. However, to the extent permitted under applicable law, Apollo Capital intends to seek reimbursement from the Company of all expenses incurred in connection with the solicitation of proxies for the election of its director nominees at the Annual Meeting.

    This press release and any solicitation made by the Concerned Stakeholder is, or will be, as applicable, made by such parties, and not by or on behalf of the management of the Company. Proxies may be solicited by proxy circular, mail, telephone, email or other electronic means, as well as by newspaper or other media advertising and in person by managers, directors, officers and employees of the Concerned Stakeholder who will not be specifically remunerated therefor. In addition, the Concerned Stakeholder may solicit proxies by way of public broadcast, including press release, speech or publication and any other manner permitted under applicable Canadian laws, and may engage the services of one or more agents and authorize other persons to assist it in soliciting proxies on their behalf.

    Apollo Capital has entered into an agreement with Carson Proxy for solicitation and advisory services in connection with the solicitation of proxies by the Concerned Stakeholder for the Annual Meeting, for which Carson Proxy will receive a fee from Apollo Capital not to exceed $250,000, together with reimbursement for reasonable and out-of-pocket expenses. Apollo Capital has also engaged Gasthalter & Co. LP (“G&Co”) to act as communications consultant to provide the Concerned Stakeholder with certain communications, public relations and related services, for which G&Co will receive, from Apollo Capital, a minimum fee of US$75,000 in addition to a performance fee of US$250,000 in the event that the Concerned Stakeholder’s nominees make up a majority of the Board following the Annual Meeting, plus excess fees, related costs and expenses.

    No member of the Concerned Stakeholder nor any of their respective associates or affiliates has or has had any material interest, direct or indirect, in any transaction since the beginning of the Company’s last completed financial year or in any proposed transaction that has materially affected or will or would materially affect the Company or any of the Company’s affiliates. No member of the Concerned Stakeholder nor any of their respective associates or affiliates has any material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in any matter to be acted upon at the Annual Meeting, other than setting the number of directors and the election of directors to the Board.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward‐looking statements. All statements contained in this filing that are not clearly historical in nature or that necessarily depend on future events are forward‐looking, and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward‐looking statements. These statements are based on current expectations of the Concerned Stakeholder and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. All forward-looking statements contained herein are made only as of the date hereof and the Concerned Stakeholder disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which the Concerned Stakeholder hereafter becomes aware, except as required by applicable law.

    Hashtags: #ShareholderActivism #CorporateGovernance #InvestorProtection #Investor Alert #Investor Fraud #FinancialRegulation #CorporateCrime #FinancialCrime #HomelandSecurity #DHS #OpioidCrisis #OpioidEpidemic #OpioidLitigation #OpioidVictims #BMO #DEA #ONDCP

    The MIL Network –

  • MIL-OSI: Electrify Expo’s Return to Southern California Marks Milestone Growth for the Nation’s Largest EV Festival

    Source: GlobeNewswire (MIL-OSI)

    • Electrify Expo brings in its largest exhibitor participation ever to a new venue at the Port of LA
    • Kia, Volvo and Lexus will debut their most anticipated new vehicles alongside current models
    • Tesla will offer the exclusive opportunity for self driving demos at the LA festival
    • Notable new exhibitors include Karma Automotive, Drako Motors, Verge Motorcycles, ChargePoint and more
    • The first eVOTL personal aircraft, Pivotal Helix, will join the lineup in LA
    • Two ticket options available, with general admission starting at $20
    • Festival runs June 21-22 from 9 a.m. to 5 p.m.; tickets available online and in person

    LOS ANGELES, June 16, 2025 (GLOBE NEWSWIRE) — Electrify Expo, North America’s largest electric vehicle (EV) and technology festival, is returning to Southern California with its largest lineup of exhibitors ever. The festival will take over the Port of LA for the first time, bringing over 1 million square feet of electric demos, experiences, entertainment zones and never-before-seen electric vehicles. Electrify Expo welcomes new exhibitors to join the EV festival including ChargePoint, Verge Motorcycles, Karma Automotive, Drako Motors and many others.

    California continues to lead the nation in EV adoption, standing out as a hub for innovation and consumer demand. As more drivers explore what going electric means, they’re looking for flexible options that fit their lifestyle, whether that’s fully electric vehicles, hybrids or e-bikes. According to the California New Car Dealers Association’s auto outlook released in April 2025, hybrids now hold 17.9% of the automotive market share in the state. At Electrify Expo attendees will experience the full spectrum of electric offerings, making it the ideal place for first-time shoppers, long-time enthusiasts and even skeptics.

    “California has long led the way in EV adoption, but we’re now seeing a fresh wave of interest from consumers who have been watching from the sidelines—many of whom are now waking up to the practicality of EVs,” said BJ Birtwell, CEO and Founder of Electrify Expo. “Today’s EVs are more affordable, go farther than ever and charge faster than people think. They are the clear practical choice in California where EV infrastructure is abundant and gas prices are surging. We’re ready to bring the festival back to LA with more brands, more options and more excitement than ever.”

    New Attractions for Los Angeles:

    • For the first time ever, Electrify Expo will have the Pivotal Helix, an eVTOL personal aircraft, on display for attendees to experience the future of transportation with SoFly.
    • The all-new, fully electric Volvo EX30 Cross Country is making its North American debut in Los Angeles, showcasing how big experiences can come in a small SUV. Joining it is the refreshed Volvo XC60 Plug-In Hybrid, on public display for one of the first times, highlighting one of the Swedish automaker’s best-selling SUVs designed to suit every kind of driver.
    • Be among the first to experience the all-new 2026 Lexus ES 500e, making its public debut at Electrify Expo LA. Joining the spotlight is the enhanced 2026 Lexus RZ 350e—part of a new, extended lineup engineered for more power, greater efficiency, and an even more dynamic drive.
    • As seen at auto shows, Kia is bringing its all-new EV9 ADVNTR CONCEPT, an all-electric SUV built for extreme yet sustainable off-road adventure based on the successful 3-row EV9.
    • Join Ford for hot laps in the Mustang Mach-E GT with professional drivers at the Ford Thrill Zone and take the wheel yourself with test drives of the Mustang Mach-E and F-150 Lightning, as well as have the chance to see a one-of-a-kind adventure-focused Mustang Mach-E Rally built by off-road racer Jim Beaver.
    • General Motors brands including Cadillac, Chevrolet and GMC will be bringing every electric offering, marking their first Electrify Expo California stop.
    • Verge Motorcycles joins the Electrify Expo roster and will have its California Edition, homage to the Californian way of life, available for demos and on display.
    • Former professional NBA basketball player turned Los Angeles Clippers TV analyst, Corey Maggette will have a meet and greet on Saturday, June 21 from 1 p.m. to 2 p.m. at the Kia booth.
    • The Electric Freestyle Motocross Stunt Zone will feature X Games Gold Medalist Destin Cantrell and his freestyle MX team, who will jump and soar with electric dirt bikes in thrilling live performances at select times over the weekend.
    • Electrify Race League will host its championship event with the top athletes in e-mobility from across the nation for a thrilling series of competitions.

    Attendees will take the driver’s seat in the newest electric vehicles from top automakers, including:

    • Ford
    • Lexus
    • Lucid
    • Tesla
    • Toyota
    • Volvo
    • Cadillac
    • Chevrolet
    • GMC
    • Kia
    • Rivian
    • Drako Motors
    • Karma Automotive

    Top micromobility brands invite attendees to cruise around with the hottest e-bikes, e-scooters, e-motorcycles and other electric rideables on the market, including:

    • Verge Motorcycles
    • P-51 Bikes
    • ONYX Motors
    • Can-Am
    • GoTrax
    • SUPER73
    • Jack Rabbit
    • Monday Motorbikes
    • E-Z-GO
    • … and many more!

    Electrify Expo’s gates will open at 9 a.m. on Saturday, June 21 and Sunday, June 22, with the full day of festivities concluding at 5 p.m. Tickets are available for purchase in person and online.

    For the 2025 LA festival, Electrify Expo will offer two ticket options to suit every attendee’s needs:

    • General Admission Pass ($20): All day access to the festival and demo experiences.
    • Power Pack ($55): The best of both worlds, early entry plus priority access for the ultimate experience.

    Media interested in attending may request credentials by emailing ee@skyya.com. Companies interested in exhibiting at the 2025 Electrify Expo locations can visit https://www.electrifyexpo.com/partner-registration.

    About Electrify Expo
    Electrify Expo is North America’s largest electric vehicle (EV) and technology festival, where consumers come to shop and experience all things electric. The festival showcases the industry’s leading brands and exciting startups through hands-on activations, demos and experiences spanning EVs, micromobility, solar energy, charging solutions, powersports, automotive aftermarket, and connected home technology, providing attendees with immersive learning opportunities and memorable interactions. From high-powered demo courses to engaging education zones, Electrify Expo offers a unique festival vibe for consumers to reshape what they think they know about EVs. In 2025, Electrify Expo’s nationwide tour will visit Orlando, Phoenix, Dallas, Los Angeles, Seattle, San Francisco, Chicago and New York. To stay up to date on the latest news and announcements from Electrify Expo, visit www.electrifyexpo.com and follow on Facebook, Instagram and YouTube.

    Media Contact
    Skyya PR
    ee@skyya.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5a53518-ac20-448d-a31c-2efea06a9446

    The MIL Network –

  • Iran-Israel conflict escalates into fourth day with rising civilian toll

    Source: Government of India

    Source: Government of India (4)

    The ongoing conflict between Iran and Israel intensified on Monday, marking its fourth day of relentless military exchanges, with both nations escalating their campaigns as civilian casualties mount. What began as Israeli preemptive strikes on Friday has spiraled into a sustained barrage of missiles and airstrikes, showing no immediate signs of de-escalation.

    According to Iran’s Health Ministry, at least 224 people, predominantly civilians, have been killed since the conflict erupted, with many deaths attributed to Israeli airstrikes targeting military and infrastructure sites. In Israel, the death toll has reached over 20, with more than 300 injured as the conflict reaches unprecedented intensity.

    On Sunday night and into Monday, Iranian forces launched a fresh wave of missile and drone attacks targeting civilian areas in Tel Aviv, Haifa, and Petah Tikva, killing at least eight Israelis and injuring dozens. Israel retaliated with extensive airstrikes on Iranian military, nuclear, and energy facilities, including targets in Tehran. Prime Minister Benjamin Netanyahu claimed the Israeli Air Force had achieved “complete operational freedom” over Iranian airspace, striking key command centers, such as those of the Islamic Revolutionary Guard Corps’ Quds Force.

    The Israel Defense Forces (IDF) reported significant tactical gains, stating they had destroyed approximately 120 of Iran’s missile launchers—about one-third of its stockpile—over the four-day conflict. On Monday morning, Israeli forces intercepted weapons shipments, including trucks carrying surface-to-air missile launchers headed toward Tehran. On Sunday evening, Israeli jets destroyed over 20 surface-to-surface missiles before they could be launched, with around 50 aircraft striking 100 military targets in Isfahan, central Iran.

    Both nations’ leaders have adopted increasingly defiant stances. Israel’s Defense Minister warned that Tehran’s population would “pay the price” for continued attacks, while Iran’s president called for national unity against what he described as Israel’s “genocidal aggression.”

    The international community has expressed growing alarm over the conflict’s potential to destabilize West Asia. The G7 summit in Canada has prioritized the crisis, with leaders warning of the risk of a broader regional war. Diplomatic efforts, however, have stalled, as Iran refuses to negotiate under active attack. Russia has offered to mediate, but neither side has shown willingness to accept third-party intervention.

    Nuclear concerns have further complicated the situation. The International Atomic Energy Agency’s Rafael Grossi confirmed no damage to Iran’s Fordow fuel enrichment plant or the Khondab heavy water reactor site, despite Israeli strikes on nuclear facilities. However, Iranian parliamentarians are reportedly drafting legislation that could lead to Iran’s withdrawal from the Nuclear Non-Proliferation Treaty, a move that would significantly heighten global tensions.

  • MIL-OSI United Kingdom: GLD staff recognised in King’s Birthday Honours

    Source: United Kingdom – Executive Government & Departments

    News story

    GLD staff recognised in King’s Birthday Honours

    GLD colleagues awarded OBE in King’s Birthday Honours 2025

    Alasdair Wallace (left) and Piers Le Marquand (right)

    We are delighted to share that 2 GLD colleagues have been recognised in this year’s King’s Birthday Honours list.

    Alasdair Wallace, until the end of 2024, was Head of the Civil, Family, Court and Tribunals team for GLD’s Ministry of Justice Legal Advisers.

    He played a key role in making sure the Civil Procedure Rules (CPR) are accessible and understandable for the millions of people who use them to navigate the civil courts. Alasdair has helped to improve the clarity of all 58 sets of amendments to the CPR over the past 16 years. He is highly regarded by colleagues for his knowledge and generosity.

    Alasdair reflects:

    I’m hugely honoured, and humbled, to be recognised for my services to the operation of civil justice; but the services are far from being mine alone, and this honour recognises the enormous contribution of the talented and committed colleagues I have worked with over many years.

    While my career found an anchor in civil procedure and the Civil Procedure Rules, there is also a far wider area of contribution, to civil justice in the sense of the non-criminal courts and tribunals.

    The work done by the dedicated professionals in the Civil, Family, Courts and Tribunals team plays a vital part in ensuring that the non-criminal system runs as smoothly as possible, benefiting citizens and businesses alike across the country.

    Piers Le Marquand works in GLD’s Department for Transport Legal Advisory team.

    He was instrumental in delivering the Autonomous Vehicles Act 2024 which is critical for the safe introduction of self-driving cars to Britain’s roads. He has been praised for his deft interpretation of the law, working extensively with international partners, and creating an inclusive work environment that delivers on behalf of citizens.

    Piers reflects:

    It was a huge surprise to me to get this award. Working in the civil service is always collaborative, and I regard it as recognition of the team work with fellow civil servants in the Government Legal Department and DfT.

    I have worked with wonderful colleagues in my 20 years in the civil service, most recently on self-driving vehicles projects and legal knowledge management.

    Susanna McGibbon, Treasury Solicitor and Permanent Secretary of GLD, says:

    On behalf of the Executive Team and all at GLD, I would like to offer our congratulations to Alasdair Wallace and Piers le Marquand who have been given the Officer of the Order of the British Empire (OBE).

    They have both made an exceptional contribution to GLD and to public service more widely. It is always great to see colleagues recognised for their work.

    Updates to this page

    Published 16 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Security: Florida Regional Task Force Arrests Child Sex Predator

    Source: US Marshals Service

    Miami, FL – The U.S. Marshals Service (USMS) Florida/Caribbean Regional Fugitive Task Force (FCRFTF) May 29 arrested a man suspected of preying on a child for sexual purposes. 

    Eduin Quintero Rugama, 43, is charged with capitol sexual battery of a child under the age of 12 and lewd/lascivious molestation of a minor.  It is alleged that on more than 10 occasions, the suspect preyed on the victim and committed heinous acts against Florida law.  

    USMS FCRFTF personnel collaborated with the Miami-Dade Sheriff’s Office in locating and arresting Rugama.  When investigators learned Rugama was in the area of NW 6th Court in Miami, they conducted a surveillance operation, observing him entering a vehicle and taking him into custody without incident as he exited the vehicle in the 600 Block of NW 6th Court.  

    Rugama was transported and turned over to the Special Victims Bureau to be interviewed and booked on the charges. 

    Since 2008, the Florida/Caribbean Regional Fugitive Task Force has focused resources and efforts on the enhancement of public safety and the reduction of violence within the Florida/Caribbean Region, through the identification, investigation, and apprehension of fugitives wanted for egregious crimes against the community, while ensuring the equal application of Justice, Integrity, and Service for all. The FCRFTF has partnership agreements with federal and state and local agencies that operate in Florida and the U.S. Virgin Islands. The FCRFTF has apprehended more than 67,000 fugitives since its inception and is always striving to make communities safer. 
     

    MIL Security OSI –

  • MIL-OSI: AutoScheduler Receives 2025 Top Supply Chain Projects Award

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 16, 2025 (GLOBE NEWSWIRE) — AutoScheduler.AI, a leader in Agentic AI Warehouse Orchestration, has received the 2025 Top Supply Chain Projects Award from Supply & Demand Chain Executive and Food Logistics for the fourth consecutive year. This award profiles innovative case study-type projects designed to automate, optimize, streamline, and improve the supply chain. AutoScheduler.AI was chosen for its warehouse orchestration project with a Global CPG Leader, where the company helped the CPG firm increase productivity, customer service levels, and efficiencies.

    “Many of today’s supply chain companies are tasked with providing the utmost visibility. Whether it’s tracking reverse logistics, implementing financial software, or upgrading sourcing solutions, collaborations and partnerships are what make supply chain projects a success. That’s why it’s important to celebrate those projects (and partnerships),” says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive and co-founder of the Women in Supply Chain Forum.

    “Winning this prestigious award for the fourth year in a row is a tremendous honor and a reflection of the real impact our technology is delivering across complex warehouse networks,” says Keith Moore, CEO, AutoScheduler.AI. “We are optimizing operations and transforming how supply chains respond to change, drive efficiency, and create value. This recognition reinforces our commitment to continuous innovation and partnership with our customers to solve their toughest logistics challenges.”

    A global consumer packaged goods (CPG) company with an extensive portfolio of food and beverage brands operates a vast and complex distribution network. When the company merged with another brand leader, the CPG faced increasing operational challenges, especially around warehouse visibility, cost control, and overall efficiency. The company contacted AutoScheduler.AI to integrate seamlessly with existing systems, consolidate data, automate workflows, and optimize operations for maximum efficiency.

    In every distribution center at the global CPG company, planners and administrative staff use all data available to manage shipping, receiving, dock schedules, inventory control, the release of work, and more. These distribution centers have complex tasks that need to be performed, and each has a variety of constraints that need to be understood and balanced by the planning staff to get all the proper inventory out of the right door at the right time. The challenge is that there are too many decisions to optimize the warehouse, labor, and customer delivery.

    The results:

    • Accelerated Planning: AutoScheduler streamlines planning processes, reducing the time required to plan operations, which frees up leadership to focus on strategic decisions while automatically optimizing day-to-day operations.
    • 30% Increase in Pick Rates: In key facilities, pick rates can increase by up to 30%, driving higher throughput and overall productivity. This boost translates directly into cost savings and faster service for customers.
    • Faster Load Readiness: Warehouses achieve load readiness earlier, enabling faster turnover and improving alignment with transportation schedules, which significantly reduces dock congestion and improves overall efficiency.
    • Product Flow at Automated Sites: + 30-35%
    • Product Flow at Non-Automated Sites: + 12-14%
    • Controllable Cuts: – 50%
    • Productivity: +12%
    • Detention and Dwell: – 33%

    Supply & Demand Chain Executive, the only publication covering the entire global supply chain, and Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global cold food supply chain, select innovative case study-type projects to be featured in the June issues of the magazines. Go to https://sdcexec.com/22938222 to view the complete list of winners.

    About AutoScheduler.AI
    AutoScheduler.AI empowers your supply chain with its Agentic AI-based warehouse orchestration platform that integrates with your existing WMS/LMS/YMS or any other solution to drive value across the supply chain by improving throughput, cutting labor costs, and ensuring customer service goals are met. AutoScheduler automates critical tasks for the warehouse like labor scheduling, task sequencing, and dock management, ensuring everything runs smoothly and efficiently. Our Agentic AI-based platform makes better decisions to create an adaptive, living supply chain. For more information, visit: http://www.AutoScheduler.AI.

    About Supply & Demand Chain Executive
    Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Supply & Demand Chain Executive and sister publication Food Logistics also operate SCN Summit and Women in Supply Chain Forum. Go to www.SDCExec.com to learn more.

    About Food Logistics
    Food Logistics reaches more than 26,000 supply chain executives in the global food and beverage industries, including executives in the food sector (growers, producers, manufacturers, wholesalers and grocers) and the logistics section (transportation, warehousing, distribution, software and technology) who share a mutual interest in the operations and business aspects of the global cold food supply chain. Food Logistics also operates SCN Summit and Women in Supply Chain Forum. Go to www.FoodLogistics.com to learn more.

    Contact:
    Becky Boyd
    MediaFirst PR
    Becky@MediaFirst.Net
    Cell: (404) 421-8497

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/882f0c79-f333-45af-b53f-6ca8465f3949

    The MIL Network –

  • MIL-OSI Security: Leader of Multi-Million Dollar International Money Laundering and Drug Trafficking Ring Convicted

    Source: Office of United States Attorneys

    ATLANTA – Monica Dominguez Torres, 36, of Mexico, pleaded guilty on June 13, 2025, to federal charges of conspiracy to possess with intent to distribute methamphetamine and conspiracy to commit money laundering. Dominguez led a transnational criminal organization that operated methamphetamine conversion laboratories in the Atlanta area and laundered millions of dollars of drug proceeds to Mexico.

    “Dominguez’s elaborate criminal operation has been dismantled, and more than $3.5 million of illicit drug proceeds have been seized as a result of our federal, state, and local law enforcement partners’ diligent work,” said U.S. Attorney Theodore S. Hertzberg. “Our office will continue to aggressively prosecute individuals like Dominguez who seek an undeserved life of luxury by trafficking deadly drugs in our community.”

    Jae W. Chung, Acting Special Agent in Charge of the DEA Atlanta Division stated, “Through hard work, this drug trafficking and money laundering network has been removed from our streets. This criminal organization had no regard for the destructive impact on our communities.”

    “This conviction sends a strong message to those who think they can live a life of luxury funded by illegal activities,” said Steven N. Schrank, the Special Agent in Charge of Homeland Security Investigations in Georgia and Alabama. “Thanks to the dedicated collaboration between HSI and our law enforcement partners at the federal, state, and local levels, we were able to dismantle Monica Dominguez Torres’s multi-million dollar drug trafficking and money laundering ring, seizing millions in illicit proceeds and bringing her to justice.”

    “Monica Torres led a transnational organized crime organization, which like others of its nature, threatens the national and economic security of the United States,” said Special Agent in Charge Demetrius Hardeman, IRS Criminal Investigation, Atlanta Field Office. “IRS Criminal Investigation special agents, along with our other federal, state, and local law enforcement partners of the Atlanta Strike Force are working together to find, investigate, and bring to justice those who endanger American citizens lives through their drug trafficking and other illicit crimes.”

    According to U.S. Attorney Hertzberg, the charges and other information presented in court: Monica Dominguez Torres’s organization operated methamphetamine conversion laboratories where liquid methamphetamine, obtained from sources in Mexico, was converted into hundreds of kilograms of crystal methamphetamine to be sold in the Atlanta area and elsewhere. Dominguez and her associates also used residences in the Atlanta area to collect and count millions of dollars in cash from these drug sales. The proceeds were laundered and sent to coconspirators in Mexico. 

    As part of the criminal operation, Dominguez and her associates purchased millions of dollars’ worth of real estate, vehicles, and luxury goods – all designed to conceal the illicit source of their wealth. The investigation revealed that Dominguez purchased five separate residences, including a seven-bedroom waterfront home in Jonesboro, Georgia. Three of these residences were purchased with bulk cash brought directly to the transaction. Dominguez and others also purchased nine luxury vehicles worth approximately $780,000. Dominguez also spent lavishly on high-end goods, including nearly $400,000 at Louis Vuitton and more than $425,000 at Burberry over roughly four and a half years. 

    During the investigation, agents seized nearly $3.6 million in cash from Dominguez’s residences, stash locations, and associates. When agents arrested Dominguez at her Conyers, Georgia home in February 2024, they seized more than $1.7 million in cash, five firearms, and three vehicles.

    Dominguez is scheduled to be sentenced on September 15, 2025, at 1:30 pm, before Chief United States District Judge Leigh Martin May. Regarding her drug trafficking conviction, Dominguez faces a mandatory minimum sentence of 10 years, up to life in prison, a maximum $10,000,000 fine, and a minimum of five years of supervised release. The money laundering conviction carries a sentence of up to 20 years in prison, a maximum $500,000 fine or twice the value of the laundered funds, up to three years of supervised release, and forfeiture of property involved in the offense. 

    This case is being investigated by the Drug Enforcement Administration, U.S. Immigration and Customs Enforcement’s Homeland Security Investigations, and Internal Revenue Service, Criminal Investigations, with valuable assistance from the Federal Bureau of Investigation, the United States Marshals Service, Georgia State Patrol, the Cobb County Sheriff’s Office, and the Paulding County Sheriff’s Office.

    Assistant United States Attorneys John T. DeGenova, Deputy Chief of the Narcotics and Dangerous Drugs Section, and Nicholas L. Evert are prosecuting the case.

    This case is part of Operation Take Back America a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    This prosecution is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) Strike Force Initiative, which provides for the establishment of permanent multi-agency task force teams that work side-by-side in the same location. This co-located model enables agents from different agencies to collaborate on intelligence-driven, multi-jurisdictional operations to eliminate the most significant drug traffickers, money launderers, gangs, and transnational criminal organizations.

    The specific mission of the David G. Wilhelm Atlanta OCDETF Strike Force (Atlanta Strike Force) is to eliminate transnational organized crime syndicates and major drug trafficking and money laundering organizations in the Atlanta metropolitan area and the Northern District of Georgia. To accomplish this mission, the Atlanta Strike Force will target these organizations’ leaders, focusing on targets designated as Consolidated Priority Organization Targets, Regional Priority Organization Targets, and their associates. The Atlanta Strike Force is comprised of agents and officers from ATF, DEA, FBI, HSI, USMS, USPIS, and IRS, as well as numerous state and local agencies; and the prosecution is being led by the Office of the United States Attorney for the Northern District of Georgia.

    For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6280. The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

    MIL Security OSI –

  • MIL-OSI Global: Highways to hell: west Africa’s road networks are the preferred battleground for terror groups

    Source: The Conversation – Africa – By Olivier Walther, Associate Professor in Geography, University of Florida

    What’s the connection between roads and conflict in west Africa? This may seem like an odd question. But a study we conducted shows a close relationship between the two.

    We are researchers of transnational political violence. We analysed 58,000 violent events in west Africa between 2000 to 2024. Our focus was on identifying patterns of violence in relation to transport infrastructure.

    Anecdotal evidence suggests that roads, bridges, pipelines and other transport systems are increasingly attacked across west Africa, but little is known about the factors that explain when, where and by whom.

    Violence in west Africa involves a complex mix of political, economic and social factors. Weak governance, corruption, urban-rural inequalities and marginalised populations have been exploited by numerous armed groups, including transnational criminal networks and religious extremists.

    West Africa has been one of the world’s most violent regions since the mid 2010s. In 2024 alone, the Armed Conflict Location and Event Data initiative recorded over 10,600 events of political violence in the region. These ranged from battles between armed groups, explosions and other forms of remote violence, to attacks on unarmed civilians. An estimated 25,600 people were killed. This has been the status quo in the region for nearly a decade.

    The results of our study show that 65% of all the attacks, explosions, and violence against civilians recorded between 2000 and 2024 were located within one kilometre of a road.

    Only 4% of all events were located further than 10km from a road. This pattern was consistent across all road types but most pronounced near highways and primary roads.

    We think the reason for this pattern is that there is fierce competition between state and non-state actors for access to and use of roads.

    Governments need well-developed road networks for a host of reasons, including the ability to govern, enabling economic activity, and security. Roads enable military mobility and reduce potential safe havens for insurgents in remote regions.

    Insurgent groups also see transport networks as prime targets. They create opportunities to blockade cities, ambush convoys, kidnap travellers, employ landmines, and destroy key infrastructure.

    Our research is part of a long line of work that explored the role of infrastructure in relation to security in west Africa. Our latest research reinforces earlier findings linking the two. Transport networks have become battlegrounds for extremist groups seeking to destabilise states, isolate communities and expand their influence.

    The network

    The west African road network is vast, estimated at over 709,000km of roads by the Global Roads Inventory Project. It compares unfavourably with other African regions. For example, paved roads remain relatively scarce in west Africa (17% of the regional network) when compared with north Africa (83%).

    Poorly maintained roads impose costs on west African countries. They increase transport time of perishable goods, shorten the operational life of trucks, cause more accidents, and reduce social interactions between communities.

    Still, significant variations in road quality are found across the region. The percentage of paved roads ranges from a high of 37% in Senegal to just over 7% in Mali. Nigeria has the largest road network in west Africa with an estimated 195,000km, but much of it has deteriorated because of poor maintenance.

    Road-related violence is on the rise

    We found that road-related attacks have been on the rise since jihadist groups emerged in the mid-2010s. Only 31 ambushes against convoys were reported in Burkina Faso, Chad, Mali and Niger from 2000-2015, against 497 from 2016-2023.

    Attacks frequently occur along the same road segments, such as around Boni in the Gourma Mounts, where Jama’at Nusrat ul-Islam wa al-Muslimin (JNIM) conducted nine attacks against Malian forces and Wagner mercenaries between 2019 and 2024.

    Violence was the most clustered near roads in 2011, with 87% of all violent events located within 1km of a road. Our analysis shows that, though still high, there’s been a decline post-2000: 59% in 2022 and 60% in 2024. This evolution reflects the ruralisation of conflict in west Africa. As jihadist insurgents target rural areas and small towns more and more, an increasing share of violent events also occurs far away from roads.

    We’ve studied the root causes of west Africa’s violence for nearly a decade, documenting the ever-intensifying costs paid by its people. In the process, we’ve uncovered overlooked aspects of the turmoil, including the centrality of the road networks to an understanding of where the violence is happening.

    The most dangerous roads of west Africa

    Our findings show that violence against transport infrastructure is very unevenly distributed in west Africa and that specific road segments have been repeatedly targeted. This was particularly the case in the Central Sahel, Lake Chad basin, and western Cameroon.

    For example, the 350km ring road linking Bamenda to Kumbo and Wum in Cameroon is the most violent road in west Africa, with 757 events since 2018, due to the conflict between the government and the Ambazonian separatists.

    The longest segments of dangerous roads are in Nigeria, particularly those connecting Maiduguri in Borno State to Damaturu, Potiskum, Biu and Bama.

    In the central Sahel, the road between Mopti/Sévaré and Gao is by far the most violent transport axis, with 433 events since the beginning of the civil war in Mali in 2012. South of Gao, National Road 17 leading to the Nigerien border, and National Road 20 heading east toward Ménaka have experienced 177 and 139 events respectively since the Islamic State – Sahel Province (ISSP) intensified its activities in the region in 2017.

    In Burkina Faso, all the roads leading to Djibo near the border with Mali have experienced high levels of violence since the early 2020s.

    Building transport infrastructure to promote peace

    Roads are an important part of state counterinsurgency strategies and a strategic target for local militants. Yes, as our work highlights, transport infrastructure is largely ignored in debates that emphasise more state interventions as a means of combating insecurity. Sixty years after the independence of many west African countries, road accessibility remains elusive in the region.

    Peripheral cities such as Bardaï, Bilma, Kidal and Timbuktu, where rebel movements have historically developed, are still not connected to the national network by tarmac roads.

    The duality of the transport infrastructure, as both a facilitator and target of violence, has put government forces at a disadvantage. Regular forces are heavily constrained by the sparsity and poor conditions of the road network, which makes them vulnerable to attacks without necessarily allowing them to project their military power over long distances.

    Rather than building transport infrastructure, states have focused on strengthening security by investing in military bases. The military coups in Burkina Faso, Mali and Niger have further reinforced this trend, with the creation of a joint force by the countries of the Alliance of Sahel States.

    Strengthening security has taken precedence over developmental support for peripheral communities, who experience the worst of the violence.

    Olivier Walther receives funding from the Organisation for Economic Co-operation and Development.

    Alexander John Thurston receives funding from the Organisation for Economic Co-operation and Development.

    Steven Radil receives funding from the Organisation for Economic Co-operation and Development.

    – ref. Highways to hell: west Africa’s road networks are the preferred battleground for terror groups – https://theconversation.com/highways-to-hell-west-africas-road-networks-are-the-preferred-battleground-for-terror-groups-258517

    MIL OSI – Global Reports –

  • MIL-OSI USA: LaLota and Stefanik Renew Charge Against Hochul’s Commuter Tax

    Source: US Representative Nick LaLota (NY-01)

    WASHINGTON, D.C. — Congressman Nick LaLota (R-NY), Chairwoman Elise Stefanik (R-NY), and Members of the New York and New Jersey Congressional Delegations sent a letter to President Donald J. Trump and U.S. Secretary of Transportation Sean Duffy, thanking them for their leadership in fighting to block New York Governor Kathy Hochul’s controversial congestion pricing plan, calling it an unfair commuter tax on hardworking families and small businesses. They further urged the Administration to continue their work in stopping this proposal from moving forward, emphasizing that congestion pricing would disproportionately burden middle- and working-class commuters from Long Island, the Hudson Valley, and New Jersey.

    “Hochul’s commuter tax was never about improving transit—it’s about squeezing hardworking suburban families to paper over the MTA’s bloated, mismanaged budget,” said Rep. LaLota. “She’s forcing law-abiding, taxpaying commuters into a system riddled with crime, delays, and dysfunction—without demanding a shred of accountability. I’m proud to stand with President Trump and Secretary Duffy in the fight to stop Hochul’s commuter tax and protect our constituents from this reckless and unfair scheme.”

    “I stand strongly with President Donald Trump, Secretary Sean Duffy, and my fellow New Yorkers fighting Kathy Hochul’s insane and costly congestion pricing tax scheme that harms New York workers and families — all while Hochul further exacerbates subway crime! New Yorkers across the political spectrum oppose this insane and costly failed policy,” said Chairwoman Stefanik.

    “Governor Hochul’s congestion pricing is a shameless cash grab—punishing hardworking New Yorkers to cover up her own mismanagement. I’m grateful to President Trump and his Administration for standing up for our commuters and pushing back against this disastrous plan, and I urge them to keep up the fight,” said Rep. Andrew Garbarino. 

    “Thank you, President Trump and Secretary Duffy, for standing up to Kathy Hochul’s disgraceful commuter tax scheme on behalf of middle and working-class commuters. Hochul’s ridiculous push to stick them with a tax or ride a subway system plagued by violent crime. This out-of-touch tax grab is a slap in the face to hardworking New Yorkers, and I’ll keep fighting alongside this administration for real solutions that prioritize safety and affordability,” said Rep. Mike Lawler. 

    “The MTA’s reckless mismanagement has left law-abiding commuters to foot the bill, while fare evasion skyrockets, service and public safety decline — yet the Governor refuses to take responsibility. The Trump Administration is right and acting well within its legal discretion to rescind the Biden Administration’s rubber-stamping of this tax. We’ll keep fighting this cash grab by using every tool at our disposal and look forward to working with President Trump and Secretary Duffy,” said Rep. Nicole Malliotakis. 

    “Since January 5th, New Jersey commuters have faced a flawed and unfair cash grab under New York City’s congestion pricing plan,” said Congressman Kean. “We must put an end to this extremely dysfunctional program, created by Governor Hochul and New York State Democrats, which places many commuters at a disadvantage—especially New Jersey residents, who already pay some of the highest taxes in the nation. I am committed to standing up for New Jersey taxpayers to ensure this unfair burden is lifted, and I will continue working closely with President Trump and Secretary Duffy until congestion pricing is permanently canceled.”

    “I am proud to stand with my colleagues in thanking President Trump and Secretary Duffy for their unwavering commitment to stopping the deeply flawed commuter tax scheme peddled by Kathy Hochul,” said Congressman Langworthy. “It is heartening to finally have an administration who stands with working families, small businesses, and everyday commuters across our state. Thank you for standing with us and being steadfast advocates for the people of New York State and I look forward to our continued partnership.”

    In the letter, the Members highlighted the public safety crisis plaguing New York’s transit system, the MTA’s mismanagement and ongoing financial irresponsibility, and the devastating impact that congestion pricing would have on suburban communities across New York and New Jersey. They further emphasized that while the fight against this ill-conceived tax is not yet over, the Administration’s leadership offers hope to the thousands of commuters across the region who deserve better.

    To read the full text of the letter, click HERE.

    Background: 

    The Central Business District Tolling Program is part of New York City’s broader congestion pricing plan, which charges vehicles for entering Manhattan’s Central Business District below 60th Street. New York Governor Hocul’s plan for congestion pricing began on January 5, 2025.

    In November 2024, LaLota, former Rep. Anthony D’Esposito, and Reps. Garbarino, Lawler, and Malliotakis sent a letter to President Trump requesting an end to the planned implementation of the congestion pricing.

    MIL OSI USA News –

  • MIL-OSI Africa: Highways to hell: west Africa’s road networks are the preferred battleground for terror groups

    Source: The Conversation – Africa – By Olivier Walther, Associate Professor in Geography, University of Florida

    What’s the connection between roads and conflict in west Africa? This may seem like an odd question. But a study we conducted shows a close relationship between the two.

    We are researchers of transnational political violence. We analysed 58,000 violent events in west Africa between 2000 to 2024. Our focus was on identifying patterns of violence in relation to transport infrastructure.

    Anecdotal evidence suggests that roads, bridges, pipelines and other transport systems are increasingly attacked across west Africa, but little is known about the factors that explain when, where and by whom.

    Violence in west Africa involves a complex mix of political, economic and social factors. Weak governance, corruption, urban-rural inequalities and marginalised populations have been exploited by numerous armed groups, including transnational criminal networks and religious extremists.

    West Africa has been one of the world’s most violent regions since the mid 2010s. In 2024 alone, the Armed Conflict Location and Event Data initiative recorded over 10,600 events of political violence in the region. These ranged from battles between armed groups, explosions and other forms of remote violence, to attacks on unarmed civilians. An estimated 25,600 people were killed. This has been the status quo in the region for nearly a decade.

    The results of our study show that 65% of all the attacks, explosions, and violence against civilians recorded between 2000 and 2024 were located within one kilometre of a road.

    Only 4% of all events were located further than 10km from a road. This pattern was consistent across all road types but most pronounced near highways and primary roads.

    We think the reason for this pattern is that there is fierce competition between state and non-state actors for access to and use of roads.

    Governments need well-developed road networks for a host of reasons, including the ability to govern, enabling economic activity, and security. Roads enable military mobility and reduce potential safe havens for insurgents in remote regions.

    Insurgent groups also see transport networks as prime targets. They create opportunities to blockade cities, ambush convoys, kidnap travellers, employ landmines, and destroy key infrastructure.

    Our research is part of a long line of work that explored the role of infrastructure in relation to security in west Africa. Our latest research reinforces earlier findings linking the two. Transport networks have become battlegrounds for extremist groups seeking to destabilise states, isolate communities and expand their influence.

    The network

    The west African road network is vast, estimated at over 709,000km of roads by the Global Roads Inventory Project. It compares unfavourably with other African regions. For example, paved roads remain relatively scarce in west Africa (17% of the regional network) when compared with north Africa (83%).

    Poorly maintained roads impose costs on west African countries. They increase transport time of perishable goods, shorten the operational life of trucks, cause more accidents, and reduce social interactions between communities.

    Still, significant variations in road quality are found across the region. The percentage of paved roads ranges from a high of 37% in Senegal to just over 7% in Mali. Nigeria has the largest road network in west Africa with an estimated 195,000km, but much of it has deteriorated because of poor maintenance.

    Road-related violence is on the rise

    We found that road-related attacks have been on the rise since jihadist groups emerged in the mid-2010s. Only 31 ambushes against convoys were reported in Burkina Faso, Chad, Mali and Niger from 2000-2015, against 497 from 2016-2023.

    Attacks frequently occur along the same road segments, such as around Boni in the Gourma Mounts, where Jama’at Nusrat ul-Islam wa al-Muslimin (JNIM) conducted nine attacks against Malian forces and Wagner mercenaries between 2019 and 2024.

    Violence was the most clustered near roads in 2011, with 87% of all violent events located within 1km of a road. Our analysis shows that, though still high, there’s been a decline post-2000: 59% in 2022 and 60% in 2024. This evolution reflects the ruralisation of conflict in west Africa. As jihadist insurgents target rural areas and small towns more and more, an increasing share of violent events also occurs far away from roads.

    We’ve studied the root causes of west Africa’s violence for nearly a decade, documenting the ever-intensifying costs paid by its people. In the process, we’ve uncovered overlooked aspects of the turmoil, including the centrality of the road networks to an understanding of where the violence is happening.

    The most dangerous roads of west Africa

    Our findings show that violence against transport infrastructure is very unevenly distributed in west Africa and that specific road segments have been repeatedly targeted. This was particularly the case in the Central Sahel, Lake Chad basin, and western Cameroon.

    For example, the 350km ring road linking Bamenda to Kumbo and Wum in Cameroon is the most violent road in west Africa, with 757 events since 2018, due to the conflict between the government and the Ambazonian separatists.

    The longest segments of dangerous roads are in Nigeria, particularly those connecting Maiduguri in Borno State to Damaturu, Potiskum, Biu and Bama.

    In the central Sahel, the road between Mopti/Sévaré and Gao is by far the most violent transport axis, with 433 events since the beginning of the civil war in Mali in 2012. South of Gao, National Road 17 leading to the Nigerien border, and National Road 20 heading east toward Ménaka have experienced 177 and 139 events respectively since the Islamic State – Sahel Province (ISSP) intensified its activities in the region in 2017.

    In Burkina Faso, all the roads leading to Djibo near the border with Mali have experienced high levels of violence since the early 2020s.

    Building transport infrastructure to promote peace

    Roads are an important part of state counterinsurgency strategies and a strategic target for local militants. Yes, as our work highlights, transport infrastructure is largely ignored in debates that emphasise more state interventions as a means of combating insecurity. Sixty years after the independence of many west African countries, road accessibility remains elusive in the region.

    Peripheral cities such as Bardaï, Bilma, Kidal and Timbuktu, where rebel movements have historically developed, are still not connected to the national network by tarmac roads.

    The duality of the transport infrastructure, as both a facilitator and target of violence, has put government forces at a disadvantage. Regular forces are heavily constrained by the sparsity and poor conditions of the road network, which makes them vulnerable to attacks without necessarily allowing them to project their military power over long distances.

    Rather than building transport infrastructure, states have focused on strengthening security by investing in military bases. The military coups in Burkina Faso, Mali and Niger have further reinforced this trend, with the creation of a joint force by the countries of the Alliance of Sahel States.

    Strengthening security has taken precedence over developmental support for peripheral communities, who experience the worst of the violence.

    – Highways to hell: west Africa’s road networks are the preferred battleground for terror groups
    – https://theconversation.com/highways-to-hell-west-africas-road-networks-are-the-preferred-battleground-for-terror-groups-258517

    MIL OSI Africa –

  • MIL-OSI Africa: President El-Sisi Meets Chairman of Arab Organization for Industrialization (AOI) Board of Directors

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

    Download logo

    Today, President Abdel Fattah El-Sisi met with Chairman of the Board of Directors of the Arab Organization for Industrialization (AOI) Major General Mokhtar Abdel Latif.

    Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said the President was briefed on the activities and projects undertaken by factories and companies affiliated with the Arab Organization for Industrialization across various fields. Major General Abdel Latif noted that the AOI operates according to a comprehensive strategy aimed at deepening local manufacturing, increasing export rates, and enhancing the industrial and technological capabilities of its factories. This is in addition to cooperating with the private sector to establish joint projects, leveraging the AOI’s advanced industrial capabilities.

    President El-Sisi affirmed the AOI’s significant role in various sectors, particularly with regard to the improvement of local manufacturing ratios, the localization of industry, and the increase of exports, which contributes to reducing the import bill and providing foreign currency, thereby supporting the national economy.

    President El-Sisi was also updated on the existing frameworks of cooperation between the AOI and several major international companies operating in the automotive industry. The President inspected a number of “Citroën C4X” models, which are locally manufactured with a 45% component ratio in the factories of the Arab Organization for Industrialization, in partnership with the Arab American Vehicles Company (AAV) and the French “Stellantis” Group.

    AOI Chairman, Major General Abdel Latif,  said planning for the production of this model began in August 2023, adding that technical and logistical preparations were undertaken, leading to the production of initial prototypes in March 2025. He noted that approximately 7,000 cars are scheduled for annual production over four years, totaling 28,000 vehicles. Furthermore, preparations are underway for the production of a new car in cooperation with the “Stellantis” Group, with production set to begin in late 2026. This new model will see a total of 240,000 cars manufactured exclusively in AOI factories, and will not be manufactured in any of the Group’s other global facilities.

    President El-Sisi gave directives to further strengthen cooperation with private sector companies, both locally and internationally. This is in alignment with the state’s strategy aimed at localizing the automotive industry, increasing the percentage of local components, and maximizing exports of products manufactured in Egypt.

    – on behalf of Presidency of the Arab Republic of Egypt.

    MIL OSI Africa –

  • MIL-OSI: HERE Technologies Releases 2024 Annual Sustainability Report, Marking Five Years of ESG Progress

    Source: GlobeNewswire (MIL-OSI)

    • HERE demonstrates progress in responsible AI, emissions reductions and workforce inclusion.
    • New partnerships and customer solutions deliver measurable sustainability results.

    Amsterdam, The Netherlands – HERE Technologies, the leading location data and technology platform, today released its fifth annual Sustainability Report highlighting the company’s Environmental, Social and Governance (ESG) progress and the growing role of location intelligence in global sustainability efforts.

    The 2024 report outlines the company’s advancements in helping customers decarbonize and electrify transportation, improve operational efficiency and plan more sustainable infrastructure. HERE also advanced internal goals around emissions reduction, workforce inclusivity and the responsible use of AI. 

    “As we celebrate our 40th anniversary, we’re proud of the real-world impact our technology delivers, both in reducing emissions and helping our customers meet ambitious sustainability goals,” said Denise Doyle, Chief Product Officer and Sustainability Executive Sponsor at HERE Technologies. “Location technology plays an essential role in achieving global decarbonization targets and we’re committed to building solutions that move the world forward sustainably.”

    Highlights from HERE’s 2024 Sustainability Report include:

    Enabling the EV future. HERE is helping to ease the shift to electric vehicles globally by partnering with automakers, such as Lotus, to deliver accurate, real-time EV range information. Location data is essential to tackling “range anxiety” and making EV adoption more practical for drivers. Together, Lotus and HERE are using leading edge technology to reduce carbon emissions and improve the driver experience.

    Additionally, HERE and industry analyst firm SBD Automotive co-published the second annual EV Index, which offers critical insights to consumers, automakers and policymakers developing charging infrastructure worldwide. 

    Helping customers achieve sustainability goals. From optimizing truck and fleet operations to smarter vehicle routing, HERE solutions are used to reduce environmental impact. PSA Singapore, which operates the world’s largest transshipment hub, has developed OptETruck, a cloud-based transport management solution with features like automated scheduling and asset pooling for truck drivers within the port. Powered by HERE Tour Planning and Location Services, OptETruck allocates jobs to drivers based on their location, offering real-time optimization of routes and truck assignments. OptETruck has the potential to cut empty truck runs within the Port of Singapore by 50%, equivalent to an estimated annual reduction of 10,000 metric tons of CO2, or planting 300,000 trees.

    Using AI in a responsible way. In 2024, HERE launched a Responsible AI Office and published a Responsible AI Policy to guide the ethical use of emerging technologies. These initiatives reinforce the company’s commitments to data privacy, transparency and accountability as AI becomes more central to HERE applications and its work in supporting more sustainable transportation systems.

    Furthering commitment to reduce environmental impact. HERE remains focused on its aggressive decarbonization goals, marking progress against all emissions reduction targets in 2024. Additionally, the Chicago office joined offices in The Netherlands, Germany and Finland in transitioning to 100 percent renewable energy and HERE reduced its environmental footprint at industry events like CES.

    Strengthening employee purpose and workforce inclusivity. HERE continues to strengthen its commitment to employee engagement and inclusivity. In 2024, the company hosted Purpose Week, its largest internal activation in a decade, connecting more than 600 employees across 31 global sites in volunteer efforts with 19 nonprofit partners. HERE also launched a new employee resource group, Grace, to support colleagues with diverse disabilities, and made measurable progress toward gender parity in leadership and workforce representation.

    For more information on HERE Technologies’ sustainability initiatives and to access the full 2024 Sustainability Report, please visit https://www.here.com/about/sustainability.

    Media Contacts
    Danielle Beer, U.S.
    danielle.beer@here.com

    Dr. Sebastian Kurme, Germany
    sebastian.kurme@here.com

    Vanessa Lee, APAC
    vanessa.lee@here.com

    About HERE Technologies
    HERE has been a pioneer in mapping and location technology for 40 years. Today, HERE’s location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. From autonomous driving and seamless logistics to new mobility experiences, HERE allows its partners and customers to innovate while retaining control over their data and safeguarding privacy. Find out how HERE is moving the world forward at here.com. 

    Attachment

    The MIL Network –

  • MIL-OSI: Applied Materials and CEA-Leti Expand Joint Lab To Drive Innovation in Specialty Chips

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif. and GRENOBLE, France, June 16, 2025 (GLOBE NEWSWIRE) — Applied Materials, Inc. and CEA-Leti today announced the next phase of their longstanding collaboration to accelerate innovation in specialty semiconductors. Under a memorandum of understanding (MOU), the organizations plan to expand their joint lab and develop materials engineering solutions to address emerging infrastructure challenges in AI data centers.

    The joint lab is focused on device innovations for chipmakers serving ICAPS markets (IoT, Communications, Automotive, Power and Sensors). These specialty chips are used in a wide range of applications – from industrial automation to electric vehicles – and they play a critical role managing data and power distribution within data centers. Growing resource demands in AI infrastructure have highlighted the need for a new wave of innovation in ICAPS chips to enable more energy-efficient computing.

    Under the new arrangement, Applied and CEA-Leti plan to expand the lab with new equipment and capabilities that move beyond individual process steps to include full-flow development of specialty devices. Additionally, the lab would be equipped with state-of-the-art advanced packaging tools to support heterogeneous integration of chips across different wafer types and process nodes – enabling entirely new classes of specialty devices for a range of next-generation applications.

    The joint facility features several Applied Materials wafer processing systems together with CEA-Leti’s world-class capabilities for evaluating performance of new materials and device validation. The upgraded lab is expected to strengthen the chipmaking ecosystem in France by further expanding the technology hub in Grenoble, a leading site for collaborative innovation across government, academia and industry. The lab also marks an extension of Applied’s global EPIC Platform, a new high-velocity innovation model designed to accelerate commercialization of new chip technologies. Applied and CEA-Leti will be able to leverage the R&D work taking place across Applied’s global innovation centers to drive progress in specialty semiconductor technologies.

    “Applied Materials and CEA-Leti have a long history of successful collaboration, and we are excited to strengthen our capabilities for accelerating innovation and commercialization of next-generation specialty chips,” said Aninda Moitra, corporate vice president and general manager of Applied Materials’ ICAPS business. “Our combined expertise will help foster breakthroughs and push the boundaries of semiconductor innovation, contributing to sustainable advancements in a range of critical applications for the AI era.”

    Sébastian Dauvé, CEO of CEA-Leti, said the first phase of the expanded collaboration laid important groundwork for addressing materials-engineering challenges of specialty semiconductor devices.

    “Building on this momentum, the joint lab’s new focus on energy-efficient solutions for AI data-center infrastructure reflects our shared commitment to making technological progress that meets both industrial and societal needs. The extended collaboration also leverages our complementary strengths to accelerate innovation at the system level, while supporting sustainable growth in France’s semiconductor ecosystem,” he said.

    About Applied Materials
    Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. At Applied Materials, our innovations make possible a better future. Learn more at www.appliedmaterials.com.

     About CEA-Leti (France)
    CEA-Leti, a technology research institute at CEA, is a global leader in miniaturization technologies enabling smart, energy-efficient and secure solutions for industry. Founded in 1967, CEA-Leti pioneers micro-& nanotechnologies, tailoring differentiating applicative solutions for global companies, SMEs and startups. CEA-Leti tackles critical challenges in healthcare, energy and digital migration. From sensors to data processing and computing solutions, CEA-Leti’s multidisciplinary teams deliver solid expertise, leveraging world-class pre-industrialization facilities. With a staff of more than 2,000 talents, a portfolio of 3,200 patents, 11,000 sq. meters of cleanroom space and a clear IP policy, the institute is based in Grenoble, France, and has offices in Silicon Valley, Brussels and Tokyo. CEA-Leti has launched 75 startups and is a member of the Carnot Institutes network. Follow us on www.leti-cea.com and @CEA_Leti.

    Technological expertise
    CEA has a key role in transferring scientific knowledge and innovation from research to industry. This high-level technological research is carried out in particular in electronic and integrated systems, from microscale to nanoscale. It has a wide range of industrial applications in the fields of transport, health, safety and telecommunications, contributing to the creation of high-quality and competitive products.

    For more information: www.cea.fr/english 

    Applied Materials Contacts
    Ricky Gradwohl (U.S. editorial/media) +1 408.235.4676
    Audrey Pariente (Europe editorial/media) +49 174 336 57 68
    Liz Morali (financial community) +1 408.986.7977

    CEA-Leti Press Contact
    Agency
    Sarah-Lyle Dampoux
    sldampoux@mahoneylyle.com
    +33 6 74 93 23 47

    The MIL Network –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 13 06 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 13 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,107,216 3.9571    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,107,216 3.9571    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 920 442.52p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI Russia: This Time Must be Different: Lessons from Sri Lanka’s Recovery and Debt Restructuring

    Source: IMF – News in Russian

    Opening Remarks by the IMF First Deputy Managing Director Gita Gopinath Conference on “Sri Lanka’s Road to Recovery: Debt and Governance” Shangri-La Hotel Colombo

    June 16, 2025

    Excellencies, distinguished guests, colleagues, and friends,

    It is a great honor to join you today for this important conference which takes place at a critical juncture in Sri Lanka’s economic journey.

    This conference comes not only at the mid-point of Sri Lanka’s IMF-supported economic reform program, but also at a moment when the global economy is facing powerful crosscurrents—slowing growth, rising tariffs, and a rapidly changing global economic order alongside profound uncertainty. Countries are being tested by shocks that are more frequent and more complex. The challenge for all of us is to build resilience in a world that demands it.

    Achievements Resulting from Reforms Supported by the IMF-EFF Program

    In this light, Sri Lanka’s experience stands out—both for the severity of the crisis the country experienced three years ago, and the remarkable progress that has been achieved in a very short time. The crisis was precipitated by years of declining tax revenues, depleted foreign exchange reserves and an explosive and unsustainable increase in public debt as growth collapsed. There were long lines for fuel, severe shortages of basic goods, record inflation, and widespread power outages. For many households, daily life became an exercise in hardship.

    Today, thanks to bold reforms and the commitment of the Sri Lankan people, substantial progress has been made to restore macroeconomic stability and reduce hardships faced by people. Fuel, cooking gas, and medicines are available again. Inflation has been brought under control and economic growth has returned—expanding by 5 percent in 2024. On the fiscal front, the government has achieved an extraordinary adjustment and tax revenues have increased by more than two-thirds as a share of GDP.

    The government has also put a strong emphasis on improving governance, which is fundamental for establishing trust with citizens and ensuring sustained growth. Important milestones have been achieved including central bank independence, improving public financial management, and strengthening the legal framework for anti-corruption.  Our analysis shows that comprehensive fiscal governance and accountability reforms in Sri Lanka can boost GDP by more than 7 percent and reduce the debt-to-GDP ratio by more than 6 percentage points over 10 years.

    Sri Lanka also took the difficult but necessary decision to default on its public debt and pursue a sovereign debt restructuring. These decisive actions on debt have helped ease the burden on the country. External creditors have forgiven $3 billion in debt and restructured another $25 billion, extending repayment over two decades at lower interest rates. Sri Lanka’s bonds are once again included in global indices, and its credit rating has improved.

    The experience of Sri Lanka holds important lessons for the world, and I would like to speak to the lessons from its debt restructuring.

    I. The Nexus between Economic Reforms and Debt Restructuring

    Sri Lanka’s debt restructuring had to deal with several challenges:

    1. Calibrating the restructuring targets to deliver sufficient debt relief. This was a complex endeavor. As with all restructurings, debt sustainability needs to be restored through a combination of debt relief and policy adjustments, such as fiscal effort. The targets must be carefully calibrated to consider country specific circumstances. In Sri Lanka’s case, the targets considered the severity of the crisis while also recognizing the country’s high levels of private savings, tourism receipts and remittances. Through this restructuring, over the next decade, external debt service as a share of GDP is reduced by a half, and external and total debt stock will fall by 27 and 34 percentage points of GDP respectively.
    2. Facilitating collaboration in a complex external creditor landscape. A full range of official creditors needed to find ways to coordinate, and not all creditors had the internal processes in place to deliver swiftly. The Official Creditor Committee chaired by France, India and Japan shepherded many creditors together and China informally coordinated with this group. Still there were challenges in the sharing of information across creditor groups and concerns about comparability of treatment across official bilateral creditors. To help move the process along, the IMF staff were very active in providing information and using IMF “good offices” on an ongoing basis to support coordination.
    1. Containing financial and social stability risks from the restructuring. A large share of Sri Lanka’s debt is domestic. The authorities recognized that external debt relief by itself would be unlikely to restore debt sustainability and domestic debt needed to be part of the restructuring effort. This had to be tackled carefully because of the significant exposure of Sri Lanka’s domestic financial sector, the central bank and the public pensions vehicle to government debt. To preserve financial and social stability, the authorities avoided nominal debt reductions and focused on lowering interest rates and lengthening maturities.

    The Sri Lankan debt restructuring experience provides several lessons that will help make the process simpler for other countries that need restructuring in the future. Sri Lanka’s experience better illuminated the trade-offs in setting debt targets and directly led to the development of improved methodologies for evaluating state contingent features in debt contracts. It helped creditors learn how to improve coordination and gave them new instrument designs to contemplate. Together with other recent restructuring cases, it helped motivate important reforms to IMF’s debt policies.

    Over time, there have been other important improvements in the sovereign debt architecture. The IMF, Bank and G20 Presidency convened the Global Sovereign Debt Roundtable to help serve as a forum for creditor dialogue and generate consensus on difficult issues that arise in restructurings. An important recent output of these efforts is a restructuring playbook, published at the time of our Spring Meetings, which lays out the typical steps in a restructuring and an indicative timeline. It is important to recognize that, thanks to these initiatives, experiences, and the G20 Common Framework, the restructuring process has become faster. In the recent case of Ghana’s, it took five months to get from an IMF staff level agreement to delivering the financing assurances required for program approval—roughly half the time it took for Chad in 2021 and Zambia in 2022. Looking ahead, let me assure you that our work on improving the timeliness and effectiveness of the global debt architecture will continue.

    For Sri Lanka, the experience with the debt restructuring drives home the importance of managing the economy such that a similar situation will never arise again.

    II. Important to Stay the Course

    Let us be clear: none of the achievements thus far would have been possible without the courage and sacrifice of the Sri Lankan people. The crisis was costly and painful, particularly for the poor. The reforms undertaken to address the root causes of the crisis—adjustments in taxation, the removal of unsustainable subsidies, efforts to restore cost-reflective energy pricing—have asked a great deal from ordinary citizens. These are difficult measures. They test the social fabric. And yet, they are the foundation of a more resilient future.

    That is why we must now turn our focus from crisis response to sustainable recovery. There is a lot that is still needed. Poverty rates at 24.5 percent in 2024, according to the latest World Bank estimates, are too high and need to be brought down quickly. This requires continued macroeconomic stability and successful implementation of structural reforms. Tackling corruption will require major reforms. Implementing the government’s action plan on governance reforms is critical. While much has been done to reduce external debt, domestic debt is still high and steadfast implementation of sound fiscal policy is critical to continue bringing it down.

    None of this will be easy. In addition to the domestic challenges, the global environment is difficult with tariffs, geopolitical conflict and economic fragmentation posing major risks for small open economies like Sri Lanka’s.

    This is why there is no room for policy errors. As the IMF Managing Director noted during our Spring Meetings in April: the choice facing countries today is between reform and regret. Between building buffers—or risking future crises.

    Sri Lanka’s reform program has delivered strongly. But history reminds us of the risks. Of the 16 IMF programs Sri Lanka has engaged in over the years, about half ended prematurely. Often, reform fatigue sets in. Hard-earned gains were reversed. Growth faltered. The country cannot afford to repeat that cycle.

    Let me therefore underscore how essential it is to sustain the reform momentum, and in a manner that is inclusive and accountable. Public dialogue matters. Transparency matters. Engaging civil society and listening to diverse voices—not just in Colombo, but across the island—will help ensure that policies are responsive and responsible. This conference is exactly the kind of platform that can foster such engagement. It is a space to reflect, to challenge assumptions, and to build consensus. The IMF will remain a steadfast partner as Sri Lanka pursues stable and inclusive growth that improves the lives of all citizens and future generations.

    This time must be different! As President Dissanayake has said, let us ensure this is the last IMF program Sri Lanka will need.

    We agree, and believe this is possible if Sri Lanka stays the course.

    Thank you.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER:

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

    https://www.imf.org/en/News/Articles/2025/06/16/sp061625-gg-this-time-must-be-different-lessons-from-sri-lankas-recovery-and-debt-restructuring

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI: Form 8.3 – [ALPHA GROUP INTERNATIONAL PLC – 13 06 2025] – (CGAML)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 ALPHA GROUP INTERNATIONAL PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 13 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 0.2p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,402,542 3.3153    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,402,542 3.3153    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.2p ORDINARY SALE 8,858 3025p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI China: China’s economy maintained steady momentum in May amid external uncertainties

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

    BEIJING, June 16 — China’s economy continued to expand steadily in May, supported by ongoing policy measures that helped sustain recovery amid global uncertainties, official data showed on Monday.

    Key economic indicators — industrial production, retail sales, investment and services — extended gains last month, while employment continued its stable trend, according to the National Bureau of Statistics (NBS).

    Noting “a rapidly changing international environment,” NBS spokesperson Fu Linghui said that China’s economy has demonstrated strong resilience and vitality, backed by government efforts to expand domestic demand and maintain the stability of employment, businesses, markets and expectations.

    China’s consumer spending in May posted its strongest growth in nearly 18 months, with retail sales of consumer goods expanding 6.4 percent year on year in May, a 1.3-percentage-point increase from April.

    The services sector accelerated, with the services production index climbing 6.2 percent last month, accelerating from the 6 percent growth recorded in April. “Growing domestic consumption and holiday travel drove faster services growth,” Fu noted.

    Industrial production rose 5.8 percent year on year in May, NBS data shows, with equipment and high-tech manufacturing leading with 9 percent and 8.6 percent respective growth figures. Fixed-asset investment increased 3.7 percent year on year in the first five months of 2025.

    On the job front, the average surveyed urban unemployment rate in China stood at 5 percent in May, down 0.1 percentage points from April.

    “The unemployment rate among the main working population remained stable, with the youth unemployment rate declining for a third consecutive month, reflecting continued stability in the overall job market,” Fu revealed.

    He told press that May’s stable economic performance was built on sustained macro policy efforts, which facilitated demand expansion, production growth and improved expectations, and unleashed economic vitality.

    “The country’s trade-in policies significantly accelerated relevant consumer goods sales,” he noted in particular. Retail sales of household appliances and audio-visual equipment, communication devices, furniture, and cultural and office supplies grew between 25.6 percent and 53 percent year on year last month.

    “Together, these categories contributed 1.9 percentage points to the overall growth of retail sales of consumer goods,” Fu said.

    China launched a consumer goods trade-in program last year to boost consumer spending, subsidizing trade-ins of automobiles, home appliances and home decoration products. It expanded the scope of the program earlier this year.

    The effective implementation of trade-in policies has also boosted consumer demand for green, smart and high-quality products, which in turn drove production growth. In May, the output of new energy vehicles, tablet computers and e-bikes grew 31.7 percent, 30.9 percent and 20.5 percent year on year, respectively.

    Fu said that this overall performance suggests strong support for China’s economic growth throughout the year, but also cautioned about the complicated, severe external environment and domestic pressure from the transition from traditional economic drivers.

    China’s gross domestic product grew 5.4 percent year on year in the first quarter of 2025. The country is targeting full-year economic growth of about 5 percent this year.

    Looking ahead, Fu said that the foundation underpinning China’s long-term economic development has not changed, citing the country’s solid development momentum, effective pro-growth policies and strengthened innovation, all of which provide support for quality growth.

    “For the first half of 2025, the Chinese economy is expected to maintain its overall stability while achieving stable progress,” he said.

    He pledged that China will work to implement its more proactive macro policies, enhance innovation-driven development, and steadily advance high-quality growth to promote solid, sustained economic development.

    “China has ample policy reserves that allow for dynamic adjustments to address evolving challenges, which will ensure continued support for stable economic operations,” Fu said.

    MIL OSI China News –

  • MIL-OSI China: China-Central Asia freight trains soaring amid closer economic ties

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

    The whistle of a freight train echoed through Wujiashan Station in the central Chinese city of Wuhan Saturday. The train loaded with 55 containers including 10 carrying hot melt adhesive — a construction material in high demand in Central Asia — was bound for Uzbekistan.

    “Since April this year, the route from Wuhan to Central Asia has become a regular service, operating one train per week,” said Wang Ziye, business manager at a railway operation company. A week later, another train carrying 51 containers of auto parts is scheduled to depart for Uzbekistan.

    Wuhan’s new rail link is part of a broader freight train network that has rapidly expanded across the country, reflecting deepening economic and trade relations between China and Central Asian countries.

    The network has been particularly busy this year. On May 20, the northern Chinese city of Tianjin sent 50 containers of auto parts, machinery, construction materials, and home appliances to Tashkent, Uzbekistan.

    Southwestern Chongqing city dispatched in April its inaugural regular Central Asia train, loaded with polyester chips, with plans for two trains per month. In late March, Gansu Province saw its first direct train to Almaty, Kazakhstan, transporting 183 automobiles.

    Despite global trade headwinds, the China-Central Asia freight train network is thriving, acting as a vital and stable trade artery.

    In 2024, 27 Chinese provinces and cities operated 11,920 freight trains to Central Asia, an 11.3 percent increase from the previous year. The total cargo transported reached 882,712 twenty-foot equivalent units (TEUs), up 13.2 percent.

    Fu Kun, a sales manager at a Chongqing-based supply chain company, attributes this growth to complementary market demands between China and Central Asian countries. The Chinese market, especially China’s western regions, and Central Asia have growing mutual needs, driving increased trade flows, he said.

    Zhao Lixun, general manager of a freight company in Tianjin, believes that regular China-Central Asia train services have lowered costs and improved logistics efficiency and reliability.

    The freight network has created a robust trade corridor, facilitating the flow of Chinese goods like home appliances, daily necessities, and new energy vehicles into Central Asia, while also bringing Central Asian products such as fertilizers, cotton, and beef to Chinese consumers.

    China’s central and western regions, in particular, have vigorously participated in the economic and trade cooperation with Central Asia. Notably, as the latest evidence of the popularity of Central Asian goods in China’s vast market, high-quality wheat flour from Kazakhstan is now used to cook local Chinese delicacies.

    Liu Guangwu, deputy general manager of a Gansu-based international logistics company, said that trade has diversified from basic goods like aluminum and fruit to include daily necessities, auto parts, machinery, and furniture hardware.

    Official customs data show that trade between China and Central Asian countries reached a record 94.8 billion U.S. dollars in 2024, an increase of 5.4 billion U.S. dollars over the previous year.

    Ding Xiaoxing, a research fellow at the China Institutes of Contemporary International Relations, said China is now the largest trading partner and top investor for multiple Central Asian countries, noting that the country’s cumulative investment in Central Asia has surpassed 30 billion U.S. dollars. 

    MIL OSI China News –

  • MIL-OSI Africa: African Development Bank, British International Investment and European Bank of Reconstruction and Development support pioneering solar and battery storage project in Egypt with $476 million loan

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

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    • Egypt’s first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability, and manage peak demand. 
    • It is expected to generate approximately 3,000 GWh of clean energy and avoid up to 1.4 million tons of emissions annually, supporting Egypt’s decarbonisation goals.

    The African Development Bank (www.AfDB.org), European Bank for Development and Reconstruction (EBRD), and the British International Investment (BII), the UK’s development finance institution and impact investor, are providing $479.1 million to Obelisk Solar Power SAE, a special purpose vehicle incorporated in Egypt, and owned by Scatec ASA (http://apo-opa.co/3SSYfFL). This financing will support  the development of a 1 GW solar photovoltaic (PV) power plant integrated with a 200 MWh Battery Energy Storage System (BESS) in the country’s Nagaa Hammadi region.

    The African Development Bank Group’s financing package of $184.1 million includes $125.5 million in commercial loans, as well as concessional funding from Bank Group-managed Special Funds the Sustainable Energy Fund for Africa (SEFA) worth $20 million, and $18.6 million from the Canada-African Development Bank Climate Fund, a partnership of the African Development Bank and the Government of Canada. A further $20 million will be channelled from the Climate Investment Funds’ Clean Technology Fund through the African Development Bank. The Bank’s Board of Directors approved the funding package on 11 June 2025 (https://apo-opa.co/4le4gsV).

    EBRD will be providing a financing package of up to $173.5 million, of which US$101.9 million will benefit from a European Fund for Sustainable Development (EFSD+) first loss cover guarantee for the first 18 years, in addition to a $6.5 million grant to be provided by the EBRD Shareholder Special Fund.

    BII financing includes a US$100 million concessional loan and a US$15 million returnable grant that helps lower the overall cost of the BESS part of the project, making it more financially viable and affordable, while attracting private sector participation and creating models for future investments. BII’s financing is subject to drawn down conditions.

    The project’s blended financing of $475.6 million corresponds to approximately 80 per cent of the total estimated capital expenditure of $590 million.

    The integrated power plant will be developed by Scatec, a leading renewable energy solutions provider, and built in two phases. The first phase, with 561 MW of solar and 100 MW/200 MWh of battery storage, aims to begin operations in the first half of 2026. The second phase of 564 MW solar aims to start operations in the second half of 2026. The energy will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company, backed by a sovereign guarantee.

    Upon completion, it will be the first integrated solar photovoltaic and battery storage project of this scale in Egypt, representing a significant milestone in the country’s energy transition. Egypt aims to reach 42 per cent of renewables in its power mix by 2030. The solar power plant is estimated to generate approximately 3,000GWh per year of additional renewable power, which will enhance grid stability and manage peak demand. It will also reduce carbon dioxide emissions by up to 1.4 million metric tons annually.

    The facility will support the diversification of Egypt’s energy mix and will increase the share of renewable energy contributing to the reduction of greenhouse gas emissions and supporting the country’s decarbonisation goals.

    Egypt’s Minister of Planning, Economic Development and International Cooperation, Dr. Rania A. Al-Mashat: “The Obelisk Solar Power project represents a landmark in Egypt’s clean energy transition, not only as the first integrated solar and battery storage facility, but also as a model for innovative financing through effective multilateral partnerships. It reflects our continued efforts to scale renewable energy, enhance grid resilience, and drive forward the implementation of Egypt’s Nexus of Water, Food and Energy (NWFE) Country Platform, thus  advancing our climate ambitions and creating new opportunities for private sector engagement and sustainable development.”

    Wale Shonibare, The African Development Bank’s Director of Energy Financial Solutions, Policy, and Regulations noted: “This project exemplifies the scale of renewable energy potential across Africa and demonstrates how strong partnerships and innovative solutions can advance the energy transition and foster sustainable economic development. It has a high demonstration and replication potential for similar initiatives across the continent.”

    Iain Macaulay, Director and Head of Project Finance (Africa & Pakistan), BII said: “This agreement underscores BII’s commitment to innovative and sustainable energy solutions. The integration of battery storage with solar PV is a game-changer for Egypt’s energy sector, providing reliable and dispatchable renewable energy and reducing reliance on fossil fuels. This project not only meets Egypt’s current energy needs but also sets a precedent for future dispatchable hybrid renewable energy projects in the region.”

    Boyd Carpenter, EBRD Managing Director for sustainable Infrastructure, said: “We’re delighted to work with our longstanding partners SCATEC, African Development Bank and BII to support this transformative project, which takes Egypt’s green energy transition to another level by harnessing the power of the sun not just during the day but also at night, thanks to the combination of solar and battery storage. It addresses the growing demand for electricity and reduces the need to import expensive fossil fuels. The project contributes towards the goals of the Egypt’s flagship Nexus on Water, Food, and Energy which was launched at COP27 in Sharm El Sheikh, and for which EBRD is Egypt’s lead partner on the energy pillar.”

    Stefano Sannino, Director-General of the Directorate-General for the Middle East, North Africa and Gulf of the European Commission said: “Today, the European Union (EU) launches the EU-Egypt Investment Guarantee for Development Mechanism, a strategic platform designed to fast-track a significant pipeline of investment projects to deliver large-scale financing solutions in Egypt. This is a major milestone in the implementation of the EU-Egypt Strategic Partnership. This particular project is a concrete example of a fruitful collaboration between the EU and the EBRD for supporting green transition in the country, through a large-scale investment. The EU guarantee allows the EBRD to provide a loan alongside other financiers to finance an innovative integrated solution which can attract private investors.”

    Terje Pilskog, CEO of Scatec, the project’s operation and maintenance contractor, said: “This project marks a major milestone for Scatec. It proves our ability to deliver large-scale hybrid projects. We are proud to partner with leading development finance institutions to support Egypt’s clean energy ambitions, and we look forward to delivering this important project together with our partners.”

    – on behalf of African Development Bank Group (AfDB).

    For media inquiries please contact:
    The African Development Bank
    Olufemi Terry
    media@afdb.org

    British International Investment
    Paschorina Mortty
    press@bii.co.uk

    The European Bank for Development and Reconstruction
    Nibal Zgheib
    zgheibn@ebrd.com

    Scatec
    Meera Bhatia
    meera.bhatia@scatec.com

    Follow British International Investment on: 
    LinkedIn: http://apo-opa.co/4jPtTPq  
    X: http://apo-opa.co/4kILGJi

    Follow The European Bank for Development and Reconstruction on:
    Web: http://apo-opa.co/4kHHidA
    Facebook: http://apo-opa.co/409LVF1
    LinkedIn: http://apo-opa.co/400CnMA
    Instagram: http://apo-opa.co/45s0OGs
    Twitter: http://apo-opa.co/45vClQB 
    YouTube: http://apo-opa.co/4jQZiRu

    About British International Investment:
    British International Investment is the UK’s development finance institution and impact investor. As a trusted investment partner to businesses in Africa, Asia and the Caribbean, BII invests to create productive, sustainable and inclusive economies in our markets. Between 2022-2026, at least 30 per cent of BII’s total new commitments by value will be in climate finance. BII is also a founding member of the 2X Challenge which has raised over $33.6 billion to empower women’s economic development. The company has investments in over 1,580 businesses across 65 countries and total net assets of £8.5 billion. For more information, visit: www.BII.co.uk | watch here (http://apo-opa.co/4jOKyTr). 

    About The European Bank for Development and Reconstruction:
    The EBRD is a multilateral bank that promotes the development of the private sector and entrepreneurial initiative in 36 economies across three continents. The Bank is owned by 75 countries as well as the EU and the EIB. EBRD investments are aimed at making the economies in its regions competitive (http://apo-opa.co/4jWC9xg), inclusive (http://apo-opa.co/3FWLuqT), well-governed (http://apo-opa.co/4kNijpm), green (http://apo-opa.co/43Yjvin), resilient and integrated (http://apo-opa.co/3TrRBq8). 

    MIL OSI Africa –

  • MIL-OSI Security: Dominican National Sentenced to 10 years on Drug Trafficking Charges

    Source: Office of United States Attorneys

    St. Thomas, USVI – Acting U.S. Attorney Adam F. Sleeper announced today that Yeral Marrero Reynoso, 29, of the Dominican Republic, was sentenced today by Chief U.S. District Court Judge Robert A. Molloy to 10 years’ imprisonment for possession with intent to distribute 75 kilograms of cocaine and three firearms.
    According to court documents, on August 28, 2024, at approximately 2:30 p.m., while patrolling the area of Haulover Bay, St. John, Customs and Border Protection Air and Marine (CBP-AMO) agents, along with Border Patrol (BP) agents, detected two males walking the beach trail towards the beach at Haulover Bay. One male was carrying an assault-style long gun. Minutes later, the males were observed carrying three black duffel bags up the trail towards a small parking area. A lone gray Acura RDX was then seen leaving the area. Federal agents, with the assistance of the Virgin Islands Police Department (VIPD), were able to locate the vehicle suspected of containing the two males seen walking the trail. The vehicle was stopped. Rivera Palmer was one of two occupants in the car who matched the description of the two men seen on the trail. As federal agents approached the vehicle, two assault-style rifles were seen on the rear passenger floorboard. A third firearm, a Glock .40 caliber pistol with an extended magazine, was found on the driver side floorboard. Neither of the two assault-style rifles had serial numbers. In the rear of the vehicle, agents recovered three duffle bags containing 61 brick-like packages containing approximately 75 kilograms of cocaine.
    The investigation was conducted by CBP-AMO, BP, Homeland Security Investigations, and the Drug Enforcement Administration, with the assistance of FBI and VIPD. Assistant U.S. Attorney Kyle Payne prosecuted the case on behalf of the United States Attorney’s Office for the District of the Virgin Islands.
    This effort was part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    MIL Security OSI –

  • MIL-OSI Security: Dominican National Sentenced to 10 years on Drug Trafficking Charges

    Source: Office of United States Attorneys

    St. Thomas, USVI – Acting U.S. Attorney Adam F. Sleeper announced today that Yeral Marrero Reynoso, 29, of the Dominican Republic, was sentenced today by Chief U.S. District Court Judge Robert A. Molloy to 10 years’ imprisonment for possession with intent to distribute 75 kilograms of cocaine and three firearms.
    According to court documents, on August 28, 2024, at approximately 2:30 p.m., while patrolling the area of Haulover Bay, St. John, Customs and Border Protection Air and Marine (CBP-AMO) agents, along with Border Patrol (BP) agents, detected two males walking the beach trail towards the beach at Haulover Bay. One male was carrying an assault-style long gun. Minutes later, the males were observed carrying three black duffel bags up the trail towards a small parking area. A lone gray Acura RDX was then seen leaving the area. Federal agents, with the assistance of the Virgin Islands Police Department (VIPD), were able to locate the vehicle suspected of containing the two males seen walking the trail. The vehicle was stopped. Rivera Palmer was one of two occupants in the car who matched the description of the two men seen on the trail. As federal agents approached the vehicle, two assault-style rifles were seen on the rear passenger floorboard. A third firearm, a Glock .40 caliber pistol with an extended magazine, was found on the driver side floorboard. Neither of the two assault-style rifles had serial numbers. In the rear of the vehicle, agents recovered three duffle bags containing 61 brick-like packages containing approximately 75 kilograms of cocaine.
    The investigation was conducted by CBP-AMO, BP, Homeland Security Investigations, and the Drug Enforcement Administration, with the assistance of FBI and VIPD. Assistant U.S. Attorney Kyle Payne prosecuted the case on behalf of the United States Attorney’s Office for the District of the Virgin Islands.
    This effort was part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    MIL Security OSI –

  • MIL-Evening Report: Samoan fashion designer fatally shot at Salt Lake City ‘no kings’ protest

    RNZ Pacific

    A renowned Samoan fashion designer was fatally shot at the “No Kings” protest in Salt Lake City on Saturday, the Salt Lake City Police Department (SLCPD) has confirmed.

    Arthur Folasa Ah Loo, known as Afa Ah Loo, an “innocent bystander” at the protest, died despite efforts by paramedics to save his life, police said.

    Ah Loo, a Utah resident, died at the hospital. The Utah Office of the Medical Examiner will determine the official cause and manner of death.

    The SLPCD said the incident began about 7.56pm local time when a sergeant assigned to the SLCPD Motor Squad reported hearing gunfire near 151 South State Street.

    It said the sergeant and his squad were working to facilitate traffic and help to ensure public safety during a permitted demonstration that drew an estimated 10,000 participants.

    “As panic spread throughout the area, hundreds of people ran for safety, hiding in parking garages, behind barriers, and going into nearby businesses.

    “The first officers on scene notified SLCPD’s incident management team using their police radios.”

    The SLCPD said officers quickly moved in to secure the scene and search for any active threats and found a man who had been shot and immediately began life-saving efforts.

    “Our thoughts are with the family and friends of the 39-year-old man who was killed, and with the many community members who were impacted by this traumatic incident,” Salt Lake City police chief Brian Redd said.

    “When this shooting happened, the response of our officers and detectives was fast, brave, and highly coordinated. It speaks to the calibre of this great department and our law enforcement partners.”

    Detectives working to thoroughly investigate
     The SLCPD said about 8pm, members of its Violent Criminal Apprehension Team (VCAT) and Gang Unit were flagged down near 102 South 200 East, where officers found a man crouching among a group of people with a gunshot wound.

    The man is identified as 24-year-old Arturo Gamboa, who was dressed in all black clothing and wearing a black mask.

    “As officers approached, community members pointed out a nearby firearm, which was described as an AR15-style rifle.

    “Officers also located a gas mask, black clothing, and a backpack in close proximity. The items were collected and processed by the SLCPD Crime Lab.

    “Paramedics took Gamboa to the hospital. Detectives later booked Gamboa into the Salt Lake County Metro Jail on a charge of murder.

    Police said officers also detained two men who were wearing high-visibility neon green vests and carrying handguns.

    Peacekeeping team
    These men were apparently part of the event’s peacekeeping team.

    According to the police, detectives learned during interviews that the two peacekeepers saw Gamboa move away from the crowd and move into a secluded area behind a wall — behavior they found suspicious.

    “One of the peacekeepers told detectives he saw Gamboa pull out an AR15-style rifle from a backpack and begin manipulating it.

    “The peacekeepers drew their firearms and ordered Gamboa to drop the weapon.

    “Witnesses reported Gamboa instead lifted the rifle and began running toward the crowd gathered on State Street, holding the weapon in a firing position.

    “In response, one of the peacekeepers fired three rounds. One round struck Gamboa, while another tragically wounded Mr Ah Loo.”

    “Our detectives are now working to thoroughly investigate the circumstances surrounding this incident,” Redd said.

    “We will not allow this individual act to create fear in our community.”

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Samoan fashion designer fatally shot at Salt Lake City ‘no kings’ protest

    RNZ Pacific

    A renowned Samoan fashion designer was fatally shot at the “No Kings” protest in Salt Lake City on Saturday, the Salt Lake City Police Department (SLCPD) has confirmed.

    Arthur Folasa Ah Loo, known as Afa Ah Loo, an “innocent bystander” at the protest, died despite efforts by paramedics to save his life, police said.

    Ah Loo, a Utah resident, died at the hospital. The Utah Office of the Medical Examiner will determine the official cause and manner of death.

    The SLPCD said the incident began about 7.56pm local time when a sergeant assigned to the SLCPD Motor Squad reported hearing gunfire near 151 South State Street.

    It said the sergeant and his squad were working to facilitate traffic and help to ensure public safety during a permitted demonstration that drew an estimated 10,000 participants.

    “As panic spread throughout the area, hundreds of people ran for safety, hiding in parking garages, behind barriers, and going into nearby businesses.

    “The first officers on scene notified SLCPD’s incident management team using their police radios.”

    The SLCPD said officers quickly moved in to secure the scene and search for any active threats and found a man who had been shot and immediately began life-saving efforts.

    “Our thoughts are with the family and friends of the 39-year-old man who was killed, and with the many community members who were impacted by this traumatic incident,” Salt Lake City police chief Brian Redd said.

    “When this shooting happened, the response of our officers and detectives was fast, brave, and highly coordinated. It speaks to the calibre of this great department and our law enforcement partners.”

    Detectives working to thoroughly investigate
     The SLCPD said about 8pm, members of its Violent Criminal Apprehension Team (VCAT) and Gang Unit were flagged down near 102 South 200 East, where officers found a man crouching among a group of people with a gunshot wound.

    The man is identified as 24-year-old Arturo Gamboa, who was dressed in all black clothing and wearing a black mask.

    “As officers approached, community members pointed out a nearby firearm, which was described as an AR15-style rifle.

    “Officers also located a gas mask, black clothing, and a backpack in close proximity. The items were collected and processed by the SLCPD Crime Lab.

    “Paramedics took Gamboa to the hospital. Detectives later booked Gamboa into the Salt Lake County Metro Jail on a charge of murder.

    Police said officers also detained two men who were wearing high-visibility neon green vests and carrying handguns.

    Peacekeeping team
    These men were apparently part of the event’s peacekeeping team.

    According to the police, detectives learned during interviews that the two peacekeepers saw Gamboa move away from the crowd and move into a secluded area behind a wall — behavior they found suspicious.

    “One of the peacekeepers told detectives he saw Gamboa pull out an AR15-style rifle from a backpack and begin manipulating it.

    “The peacekeepers drew their firearms and ordered Gamboa to drop the weapon.

    “Witnesses reported Gamboa instead lifted the rifle and began running toward the crowd gathered on State Street, holding the weapon in a firing position.

    “In response, one of the peacekeepers fired three rounds. One round struck Gamboa, while another tragically wounded Mr Ah Loo.”

    “Our detectives are now working to thoroughly investigate the circumstances surrounding this incident,” Redd said.

    “We will not allow this individual act to create fear in our community.”

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Economics: Thales and KNDS France unveil RAPIDFire Land, a land-based variant of the 40 mm RAPIDFire Naval defence system

    Source: Thales Group

    Headline: Thales and KNDS France unveil
    RAPIDFire Land, a land-based variant of the 40 mm RAPIDFire Naval defence system

    • RAPIDFire is a remotely operated artillery system co-developed by Thales and KNDS France. The French defence procurement agency (DGA) has awarded a contract for the production of 48 of these systems, and the first two RAPIDFire systems ordered earlier are now operational on board France’s new-generation fleet replenishment tankers.
    • RAPIDFire can be installed on multiple platform types, and the land-based version will meet emerging operational requirements, in particular to protect sensitive sites from a wide range of threats including saturation attacks.
    • The Airburst munition, which represents the cutting edge of air defence capabilities, is reaching an important milestone.

    Full qualification of RAPIDFire system

    The French defence procurement agency (DGA) has already ordered 14 RAPIDFire systems to equip French Navy vessels. Two systems have been installed on board the fleet replenishment tanker (BRF) Jacques Chevallier, which has completed two long-duration deployments, including several live fire exercises, with France’s carrier strike group. Two others were recently installed on France’s second BRF tanker Jacques Stosskopf ahead of an upcoming long-duration deployment. A fifth system will soon equip a new French Navy offshore patrol vessel.

    The RAPIDFire system was qualified in early 2025 and can now be used with all existing 40CT munitions.

    As the first remotely operated 40 mm system to incorporate the 40CT cannon, RAPIDFire provides a close-in self-defence capability to protect platforms against modern air and surface threats. It features state-of-the-art optronics jointly designed by Thales and KNDS France, and the new 40 mm cased telescoped munition technology developed by CTAI, a subsidiary of KNDS France.

    This solution provides unmatched firepower, with a ready rack of up to 140 rounds, corresponding to dozens of target interceptions with no need to reload. The fire control system recalibrates its aim after every round fired to account for the target’s speed and direction of travel. RAPIDFire is designed to engage a broad range of threats – from ships to light aircraft, drones, loitering munitions and missiles – at ranges of up to 4 kilometres. Its 40 mm cannon is compatible with all telescoped munitions, including the A3B (Airburst) round, which is particularly effective against aerial threats.

    A multi-platform system for land and naval forces

    RAPIDFire’s underlying technology is versatile enough for the system to be adapted for various applications. A land-based version is now planned following discussions with the French Air and Space Force on the need to protect high-value assets at its air bases in France and during overseas deployments.

    KNDS France and Thales are developing the land version of RAPIDFire in two configurations:

    • Semi-mobile for site protection, with a 20-foot platform set up on the ground that can be readily moved and re-deployed to other locations.
    • Mobile, with the 20-foot platform mounted on a vehicle to protect high-value assets in the theatre of operations.

    A3B, the ideal munition for air defence

    Leveraging the proven airburst technology of the GPR-AB-T round, the Anti Aerial Airburst (A3B) munition delivers a payload of tungsten subprojectiles with a directional (frontal) terminal effect, providing enhanced effectiveness against various types of aerial targets: drones, helicopters, light aircraft, fighter jets, low-end subsonic missiles and RAM (rocket, artillery, mortar) threats.

    Development of the A3B munition is ongoing (currently at Technology Readiness Level 5), with full operational capability in anti-air mode expected in 2027. A contract modification was awarded in late 2024 for the development, production engineering, qualification and delivery of a first batch of 500 A3B munitions with the RAPIDFire system.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion.

    The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies.

    Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion.

    About KNDS

    KNDS is the result of a joint venture between Krauss-Maffei Wegmann (KMW) and Nexter, two of Europe’s leading manufacturers of military land systems, based in Germany and France.

    KNDS has around 10,000 employees, with sales of €3.8 billion in 2024, an orderbook of around €23.5 billion and order intake of €11.2 billion.

    Its product range includes tanks, armoured vehicles, artillery systems, weapon systems, ammunition, military bridges, information and command systems, training solutions, protection solutions and a wide range of equipment, as well as customer services.

    The creation of KNDS marks the beginning of the consolidation of the land defence systems industry in Europe. The strategic alliance between KMW and Nexter strengthens the competitiveness and international positioning of both groups, as well as their ability to meet the needs of their respective national armed forces. It also offers European and NATO customers the possibility of greater standardisation and interoperability for their defence equipment, with a reliable industrial base.

    KNDS is headquartered in Amsterdam.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: £1 billion backed renewal of broken bridges, ruined roads and tired tunnels and new Thames Crossing cash

    Source: United Kingdom – Executive Government & Departments

    News story

    £1 billion backed renewal of broken bridges, ruined roads and tired tunnels and new Thames Crossing cash

    Chancellor spends £1 billion to enhance and repair run down transport infrastructure and futureproof England’s road network.

    • Package also includes further £590 million to take forward the long-awaited Lower Thames Crossing, and follows record £15.6 billion investment in city region transport announced ahead of the Spending Review.
    • Funding will ensure vital upgrades are made to tired bridges, flyovers and tunnels across Britain, supporting highly skilled job opportunities, delivering on the Plan for Change.

    Drivers across the UK will benefit from major investments to improve vital road structures, alongside committing cash to finally deliver a new Thames Crossing, working with the private sector.

    Across Great Britain, approximately 3,000 bridges are currently unable to support the heaviest vehicles, restricting access for agricultural and freight transport in regions, and slowing down journeys.

    And nationally, the number of bridge collapses has also risen – a stark reminder of the need for urgent action to turn the tide on the decade of neglect.

    The Structures Fund will inject cash into repairing run down bridges, decaying flyovers and worn out tunnels across Britain, and ensure other transport infrastructure is both more resilient to extreme weather events and to the demands of modern transport – making everyday journeys safer, smoother and more dependable.

    The government is also pledging a further £590 million to take forward the Lower Thames Crossing, the most significant road building project in a generation and a national priority- ending the painfully slow approach seen before.

    The new crossing will cut frustrating congestion at Dartford, better linking up motorists and businesses in the Midlands and North with key ports in the South East, and spreading growth throughout the regions as outlined in the Plan for Change. The government will look to bring in private finance and expertise to support this major project.

    These investments come as part of the new 10 Year Infrastructure Strategy, which will be published later this week, and sets out clear, achievable and robust vision for projects over the next decade of renewal.

    This also comes swiftly after a record £15.6 billion was announced at the Spending Review to enable local leaders to build long awaited projects like the Tyne and Wear Metro extension and the West Yorkshire Metro, and more investment to fund the TransPennine Route Upgrade and deliver East-West Rail.

    The government is also delivering direct funding to support growth across the UK – with funding for five new rail stations in South Wales, and financial backing for carbon capture storage in Aberdeenshire.

    Chancellor of the Exchequer, Rachel Reeves, said:

    When it comes to investing in Britain’s renewal, we’re going all in by going up against the painful disruption of closed bridges, crossings and flyovers, and ensure they’re fit to serve working people for decades to come.

    Today’s investment also goes even further and faster to spread growth by providing critical funding to take forward the Lower Thames Crossing – not just boosting connectivity in the South East, but ensuring a smoother, less congested passage of vital goods from Europe to our regions.

    This is a turning point for our national infrastructure, and we’re backing it with funding to support thousands of jobs and connect communities, delivering on our Plan for Change.

    Transport Secretary, Heidi Alexander, said:

    We’re finally getting on with the Lower Thames Crossing — a crucial project to drive economic growth, that has been stuck in planning limbo for far too long.

    This project is essential for improving the resilience of a key freight route and is critical to our long term trade with Europe. It will speed up the movement of goods from South East England to the Midlands and the North, crucial to thousands of jobs and businesses.

    Our structures fund will make long-overdue investments to repair ageing structures across the country, speeding up journeys, restoring pride and delivering our Plan for Change to boost the economy and support regional growth.

    Capital investment today will not only address these immediate risks over the next five years, but create skilled jobs in construction, engineering and maintenance, support vital regeneration in local areas by improving connectivity, and boost local economies by improving access to jobs, education and services.

    We will set out more detail about how funding will be allocated shortly. This funding is additional to the funding local authorities will receive for highways maintenance, which will be set out in due course.

    Updates to this page

    Published 16 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: President Lai meets delegation led by Representative Bera, co-chair of US Congressional Taiwan Caucus

    Source: Republic of China Taiwan

    Details
    2025-06-13
    President Lai meets delegation led by French National Assembly Taiwan Friendship Group Chair Marie-Noëlle Battistel
    On the morning of June 12, President Lai Ching-te met a delegation led by Marie-Noëlle Battistel, chair of the French National Assembly’s Taiwan Friendship Group. In remarks, President Lai thanked the National Assembly for its long-term support for Taiwan’s international participation and for upholding security in the Taiwan Strait, helping make France the first major country in the world to enact legislation to uphold freedom of navigation in the Taiwan Strait. The president also said that exchanges and cooperation between Taiwan and France are becoming more frequent, and that he hopes this visit by the Taiwan Friendship Group will inject new momentum into Taiwan-France relations and help build closer partnerships in the economy, trade, energy, and digital security.  A translation of President Lai’s remarks follows: First, I would like to welcome Chair Battistel, who is once again leading a visiting delegation. Last year, Chair Battistel co-led a delegation to attend the inauguration ceremony for myself and Vice President Bi-khim Hsiao. This is her fourth visit, and first as chair of the Taiwan Friendship Group, which makes it especially meaningful. This delegation’s visit demonstrates strong support for Taiwan, and on behalf of the people of Taiwan, I want to express my sincerest welcome and thanks. France is a pioneer in promoting free and democratic values. These are values that Taiwan cherishes and is working hard to defend. I want to express gratitude to the French Parliament for their long-term support for Taiwan’s international participation, and for upholding security in the Taiwan Strait. The French Parliament’s two chambers have continued to strongly support Taiwan, with the passage of a resolution supporting Taiwan’s participation in international organizations in 2021, as well as the passage of the seven-year Military Programming Law in 2023. This has made France the first major country in the world to enact legislation to uphold freedom of navigation in the Taiwan Strait. Through it all, the Taiwan Friendship Group has played a key role, and I want to thank all of our distinguished guests for their efforts. Over the past few years, Taiwan and France have continued to deepen cooperation in areas including the economy, technology, culture, and sports. At the Choose France summit held in Paris last month, Taiwanese and French enterprises also announced they will launch cooperation in the semiconductor and satellite fields. The VivaTech startup exhibition, now being held in France, also has many Taiwanese vendors participating. Exchanges and cooperation between Taiwan and France, whether official or people-to-people, are becoming more and more frequent. I hope that this visit by the Taiwan Friendship Group will inject new momentum into Taiwan-France relations, building closer partnerships in the economy, trade, energy, and digital security.  To address current geopolitical and economic challenges, Taiwan will continue to join forces with France and other like-minded countries to jointly safeguard peace and stability in the Indo-Pacific region, and contribute our concerted efforts to global prosperity and development. Once again, I want to welcome our visitors to Taiwan. I hope to continue our joint efforts to create a more prosperous future for both Taiwan and France.   Chair Battistel then delivered remarks, thanking President Lai for extending this invitation. Last year on May 20, she said, she and her delegation attended the presidential inauguration ceremony, so she was delighted to visit Taiwan once again with the French National Assembly’s Taiwan Friendship Group and bear witness to their friendship with Taiwan. Chair Battistel noted that this visit has given them an opportunity to strengthen Taiwan-France relations in areas including the economy, culture, the humanities, and diplomacy, and conduct exchanges with numerous heads of government agencies and research institutes. It has also been an opportunity, she said, to witness the importance of exchanges and cooperation with Taiwan in areas including energy, semiconductors, youth, and culture, and the impact created by important issues of mutual concern, including AI and disinformation, on the security of many countries. Chair Battistel praised Taiwan for its youth development efforts, and said that under the Taiwan Global Pathfinders Initiative, 30 Taiwanese young people have embarked on a visit to France, with itineraries including the United Nations Ocean Conference and the VivaTech exhibition, as well as the city of Toulouse, which is strategically important for the aerospace industry. Members of the group are also conducting exchanges at the French National Assembly, she said.  Chair Battistel stated that the Taiwan-France partnership is growing closer, and that she hopes to continue to strengthen bilateral exchanges and cooperation, as supporting peace for Taiwan supports peace around the world.  The delegation also included Taiwan Friendship Group Vice Chair Éric Martineau, as well as National Assembly Committee on Foreign Affairs Vice Chair Laetitia Saint-Paul and Deputies Marie-José Allemand and Claudia Rouaux. The delegation was accompanied to the Presidential Office by French Office in Taipei Deputy Director Cléa Le Cardeur.

    Details
    2025-06-05
    President Lai hosts state banquet for President Bernardo Arévalo of Republic of Guatemala  
    At noon on June 5, President Lai Ching-te hosted a state banquet at the Presidential Office for President Bernardo Arévalo of the Republic of Guatemala and his wife. In his remarks, President Lai noted that Taiwan and Guatemala have both undergone an arduous democratization process, and therefore, in face of the continuous expansion of authoritarian influence, must join hands in brotherhood and come together in solidarity to safeguard our hard-earned freedom and democracy. President Lai also expressed hope that both countries will work together and continue to deepen various exchanges and cooperation, taking a friendship that has lasted over 90 years to new heights. A translation of President Lai’s remarks follows: Once again, I would like to offer a warm welcome to President Arévalo and First Lady Lucrecia Peinado, who are leading this delegation to Taiwan. President Arévalo’s previous visit to Taiwan was 31 years ago. Back then, Taiwan did not have direct presidential elections, and the nation was continuing to make progress toward democratization. Today, 31 years later, Taiwan has conducted direct presidential elections eight times, with three transfers of power between political parties. On this visit, I am sure that President Arévalo will gain a deep appreciation for Taiwan’s free and democratic atmosphere.  Taiwan and Guatemala have both undergone an arduous democratization process. A little over 200 years ago, the people of Guatemala took a stand against colonial oppression, seeking national dignity and the freedom of its people. Eighty-one years ago, President Arévalo’s father, Juan José Arévalo, became Guatemala’s first democratically elected president, establishing an important foundation for subsequent democratic development.  Our two peoples have democracy in their blood. Both know the value of freedom and democracy and are willing to take a stand for those values. Therefore, in face of the continuous expansion of authoritarian influence, our two countries must join hands in brotherhood to respond to threats and challenges, and come together in solidarity to safeguard our hard-earned freedom and democracy. I hope that both countries will work together to continue to deepen various exchanges and cooperation, taking a friendship that has lasted over 90 years to new heights. I hope that on this visit, in addition to gaining a deeper understanding of Taiwan’s political, economic, and social development, President Arévalo can also reacquaint himself with the democratic vitality and cultural diversity of Taiwan by sampling various gourmet delicacies and once again experiencing the beauty of our scenery and warmth of our people. Guatemala is a very beautiful country. In the future, I hope to have a chance to personally experience that beauty, explore Mayan civilization, and savor local Guatemalan coffee. In closing, I wish the visiting delegation a smooth and successful trip, and beautiful, unforgettable memories. May President Arévalo enjoy the best of health, and may the diplomatic friendship between our two countries endure. President Arévalo then delivered remarks, stating that at different times and by different means, the people of Taiwan and Guatemala have relentlessly sought to defend freedom and democracy. We share the same expectations, he said, and are walking the right path amid today’s complex international circumstances.  President Arévalo stated that Taiwan and Guatemala are true democratic nations, where the government’s goal is to serve all the people. He noted that this is far from easy under current circumstances, as many authoritarian regimes use their long-term hold on power to safeguard the interests of select groups and neglect the wellbeing of the population as a whole. President Arévalo said that last week Guatemala commemorated the 40th anniversary of its constitution, which was enacted in 1985 and is Guatemala’s ultimate guide, setting the foundation for democracy and clearly outlining the path ahead. He said that over the past 40 years, Guatemala has continued to follow the democratic blueprint established by the constitution and end the civil war so that the nation could make the transition to real democracy. Although more than a few ambitious people have attempted to destroy that process from within, he noted, the people of Guatemala have never given up the pursuit of democracy as an ideal. President Arévalo stated that our two sides’ coming together here is due to such shared values as freedom and democracy as well as the idea of serving all the people. He underlined that the governments of both countries will continue to work hard and provide mutual support to smooth out each other’s path of democracy, freedom, and justice. President Arévalo emphasized that the government of Guatemala will always be Taiwan’s ally, and that he firmly believes Taiwan is Guatemala’s most reliable partner on the path of democracy and economic prosperity and development. The president said he hopes this visit will be the first step towards setting a new course for the governments and peoples of both countries. Also in attendance at the banquet were Guatemala Minister of Foreign Affairs Carlos Ramiro Martínez, Minister of the Economy Gabriela García, and Guatemala Ambassador Luis Raúl Estévez López.  

    Details
    2025-06-05
    President Lai welcomes President Bernardo Arévalo of Republic of Guatemala with military honors  
    On the morning of June 5, President Lai Ching-te welcomed with full military honors President Bernardo Arévalo of the Republic of Guatemala and his wife, who are leading a delegation of cabinet members visiting Taiwan for the first time, demonstrating the deep and enduring alliance between our nations. In remarks, President Lai noted that over the past few years, bilateral cooperation between Taiwan and Guatemala has grown closer and more diverse, and said that moving forward, based on a foundation of mutual assistance for mutual benefit, we will continue to promote programs in line with international trends, spurring prosperity and development in both our nations. The military honors ceremony began at 10:30 a.m. in the Entrance Hall of the Presidential Office. After a 21-gun salute and the playing of the two countries’ national anthems, President Lai and President Arévalo each delivered remarks. A translation of President Lai’s remarks follows: Today, President Arévalo and First Lady Lucrecia Peinado are leading a delegation of cabinet members visiting Taiwan for the first time, demonstrating the deep and enduring alliance between our nations. On behalf of the people and government of the Republic of China (Taiwan), I want to extend my sincerest welcome. Last year, our two countries celebrated the 90th anniversary of diplomatic ties, providing mutual support all along the way. Especially over the past few years, bilateral cooperation has grown closer and more diverse. We have a long record of remarkable results, whether in terms of medicine and public health, education and culture, technological cooperation, or economic and trade exchanges. Moving forward, based on a foundation of mutual assistance for mutual benefit, Taiwan and Guatemala will continue to promote programs in line with international trends. We will continue to strengthen exchange and cooperation for young people, as well as scholarship programs, and actively cultivate high-tech and information and communications technology industry talent, spurring prosperity and development in both our nations. Although separated by a great distance, the peoples of both countries are closely connected by their ideals and values. I am confident that with President Arévalo’s support, bilateral exchanges and cooperation will become closer and more diverse, beginning a very promising new chapter. I wish the visiting delegation a smooth and successful trip. President Arévalo then delivered remarks, saying that on behalf of the government and people of Guatemala, he is honored to visit the Republic of China (Taiwan), this beautiful nation, and to receive full military honors, which reflects the mutual respect between our two nations as well as our solid friendship. Especially as this state visit comes as we celebrate 90 years of formal diplomatic ties, he said, he has brought the foreign minister, economics minister, private secretary to the president, and social communication secretary as members of his delegation, in the hope of our ties embarking on a new chapter. President Arévalo said that Guatemala-Taiwan ties have in recent years been growing steadily on a foundation of mutual understanding and cooperation, making significant progress, and that our peoples have also cultivated sincere friendships and cooperative relationships across many fields. Our nations are especially promoting public health, education, agricultural technology, and infrastructure, he said, key fields which are conducive to economic and social development. He expressed his hope that on such good foundations of the past, we can further strengthen our bilateral ties for the future. President Arévalo stated that through this state visit they not only want to reaffirm the good bilateral ties between our nations, but that they also hope to define a trajectory for the future of our cooperation in the direction of expanding economic cooperation, building economic and trade alliances, and facilitating investment to foster a Taiwan-Guatemala relationship that benefits both peoples. He then expressed gratitude to the people of Taiwan for helping Guatemala over the past 90 years and reaffirmed the unwavering support of Guatemala for the Republic of China (Taiwan). On the occasion of this visit, he said, he hopes to extend a friendly hand to the people of Taiwan, adding that he looks forward to our nations continuing to take major steps forward on the road of mutual assistance and prosperity. Also in attendance at the welcome ceremony were Dean of the Diplomatic Corps and Saint Vincent and the Grenadines Ambassador Andrea Clare Bowman, and members of the foreign diplomatic corps in Taiwan.  

    Details
    2025-06-03
    President Lai confers decoration on President Hilda C. Heine of Republic of the Marshall Islands, hosts state banquet  
    At noon on June 3, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, conferred a decoration upon President Hilda C. Heine of the Republic of the Marshall Islands, and hosted a state banquet for President Heine and her husband at the Presidential Office. In remarks, President Lai thanked President Heine for her commitment to deepening the diplomatic partnership between our nations and speaking up for Taiwan in the international arena. He also expressed hope for Taiwan and the Marshall Islands to work together to address various challenges through an even greater diversity of exchanges, and that together, we can contribute even more to peace, stability, and development throughout the Pacific region. At the decoration ceremony, President Lai personally conferred the Order of Brilliant Jade with Grand Cordon on President Heine before delivering remarks, a translation of which follows:  The Marshall Islands was the first Pacific ally that I visited after taking office as president. When I arrived there, I was immediately drawn to its beautiful scenery. And I received a very warm welcome from the local people. This gesture showed the profound friendship between our two nations. I was truly touched. I also remember trying your nation’s special Bob Whisky for the first time. The flavor was as unique and impressive as the landscape of the Marshall Islands.  In addition to welcoming our distinguished guests today, we also presented President Heine with the Order of Brilliant Jade with Grand Cordon. On behalf of the people of Taiwan, I want to thank President Heine for her commitment to deepening the diplomatic partnership between our nations, and for staunchly speaking up for Taiwan in the international arena. Both I and the people of Taiwan are profoundly grateful to President Heine for her friendship and support. Over the past few years, cooperation between Taiwan and the Marshall Islands has grown ever closer. And this visit by our distinguished guests will allow our two countries to further expand areas of bilateral exchange. I have always believed that only through mutual assistance and trust can two countries build a longstanding and steadfast partnership. I once again convey my sincere aspiration that Taiwan and the Marshall Islands work together to address various challenges through an even greater diversity of exchanges. Together, we can contribute even more to peace, stability, and development throughout the Pacific region. In closing, I want to thank President Heine and First Gentleman Thomas Kijiner, Jr. for leading this delegation to Taiwan, which deepens the foundations of our bilateral relationship. May our two nations enjoy a long and enduring friendship. President Heine then delivered remarks, stating that she felt especially privileged to receive the Order of Brilliant Jade with Grand Cordon of the Republic of China (Taiwan), and humbly accepted the honor with the utmost gratitude, humility, and deep responsibility. This is a deep responsibility, she said, because she understands that since its inception in 1933, this order has been bestowed upon a select few. She then thanked President Lai for this great honor. President Heine stated that the banquet was not just a celebration of our bilateral friendship, but a true reflection of the generosity of the Taiwan spirit and a testament to the enduring ties between our nations, founded on shared values and aspirations, including a respect for the rule of law, the preservation of human dignity, and a deep commitment to democracy. President Heine stated that the Taiwan-Marshall Islands partnership continues to evolve through practical cooperation and mutual support. In recent years, she said, our countries have worked hand in hand across a range of vital sectors, including the recent opening of the Majuro Hospital AI and Telehealth Center and the ongoing and successful Taiwan Health Center, various technical training and scholarship programs, and various climate change adaptation projects in renewable energy, coastal resilience, and sustainable agriculture.   President Heine emphasized that the Marshall Islands continues to be a proud and vocal supporter of Taiwan’s meaningful participation in the United Nations system and other international organizations. Taiwan’s exclusion from these platforms, she said, is not only unjust, but is bad for the world, and the global community needs Taiwan’s voice and expertise.  President Heine also expressed sincere appreciation to all of the Taiwanese friends who have contributed their efforts to deepening bilateral relations, including government officials, healthcare workers, teachers, engineers, and volunteers. The people of the Marshall Islands, she said, deeply appreciate and value everyone’s efforts and service. President Heine said that as we celebrate our partnership, let us look to the future with hope and determination, continue to work together, learn from one another, and support one another to champion a world where all nations can chart their own course based on peace and international law. Also attending the state banquet were Marshall Islands Council of Iroij Chairman Lanny Kabua, Minister of Foreign Affairs and Trade Kalani R. Kaneko, Minister of Finance David Paul, Nitijela Standing Committee on Foreign Affairs and Trade Chairperson Joe Bejang, and Charge d’Affaires a.i. Anjanette Davis-Anjel of the Embassy of the Republic of the Marshall Islands.  

    Details
    2025-06-03
    President Lai and President Hilda C. Heine of Marshall Islands hold bilateral talks and witness signing of agreements
    On the morning of June 3, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, held bilateral talks with President Hilda C. Heine of the Republic of the Marshall Islands at the Presidential Office following a welcome ceremony with military honors for her and her husband. The leaders also jointly witnessed the signing of a letter of intent for sports exchanges and a memorandum of understanding regarding the Presidents’ Scholarship Fund. President Lai then presided over a launch ceremony for a loan program to purchase aircraft. In remarks, President Lai thanked the government and the Nitijela (parliament) of the Marshall Islands for their longstanding support for Taiwan’s international participation and for voicing staunch support for Taiwan at numerous international venues. President Lai said that Taiwan looks forward to continuing to deepen its diplomatic partnership with the Marshall Islands and build an even closer cooperative relationship across a range of fields, engaging in mutual assistance for mutual benefits and helping each other achieve joint and prosperous development to yield even greater well-being for our peoples. A translation of President Lai’s remarks follows: I once again warmly welcome President Heine, First Gentleman Thomas Kijiner, Jr., and our guests to Taiwan. During my visit to the Marshall Islands last year, I said that Taiwan and the Marshall Islands are truly a family. When Vice President Hsiao and I took office last year, President Heine led a delegation to Taiwan. It is now one year since our inauguration, and I am delighted to see President Heine once again, just as if I were seeing family arrive from afar. Through my visit to the Marshall Islands, I gained a profound sense of the friendship between the peoples of our two nations, well-demonstrated by bilateral exchanges in such areas as healthcare, agriculture, and education. And it is thanks to President Heine’s longstanding support for Taiwan that our countries have been able to further advance collaboration on even more issues, including women’s empowerment and climate change. In recent years, the geopolitical and economic landscape has changed rapidly. We look forward to Taiwan and the Marshall Islands continuing to deepen our partnership and build an even closer cooperative relationship. In just a few moments, President Heine and I will witness the signing of several documents, including a memorandum of understanding and a letter of intent, to expand bilateral cooperation in such fields as sports, education, and transportation. Taiwan will take concrete action to work with the Marshall Islands and advance mutual prosperity and development, writing a new chapter in our diplomatic partnership. I would also like to take this opportunity to express gratitude to the government and Nitijela of the Marshall Islands. In recent years, the Nitijela has passed annual resolutions backing Taiwan’s international participation, and President Heine and Marshallese cabinet members have been some of the strongest advocates for Taiwan’s international participation, voicing staunch support for Taiwan at numerous international venues. Building on the pillars of democracy, peace, and prosperity, Taiwan will continue to work with the Marshall Islands and other like-minded countries to deepen our partnerships, engage in mutual assistance for mutual benefits, and help one another achieve joint and prosperous development. I have every confidence that the combined efforts of our two nations will yield even greater well-being for our peoples and see us make even more contributions to the world. President Heine then delivered remarks, and began by conveying warm greetings of iokwe from the people and government of the Republic of the Marshall Islands to the people and government of the Republic of China (Taiwan). She said she was deeply honored to be in Taiwan for an official visit, and extended appreciation to President Lai and his government for their gracious invitation and warm welcome. President Heine stated that this year marks 27 years of diplomatic ties between our two nations, and that they are proud of this enduring friendship. This special and enduring relationship, she said, is grounded in our shared Austronesian heritage, and strengthened by mutual respect for each other’s democratic systems and our steadfast commitment to the core values of freedom, justice, and the rule of law. President Heine stated that Taiwan’s continued support has been invaluable to the people and national development of the Marshall Islands, particularly in the areas of health, education, agriculture, and climate change. She also expressed deep appreciation to Taiwan for providing Marshallese students with opportunities to study in Taiwan, and for the care extended to Marshallese who travel here for medical treatment. President Heine also announced that she would be presenting a copy of a resolution by the people and government of the Republic of the Marshall Islands reiterating their appreciation for the support provided by the people and government of the Republic of China (Taiwan), and calling on the United Nations to take immediate action to resolve the inappropriate exclusion of Taiwan’s 23 million people from the UN system. She added that she looked forward to the bilateral discussions later that day, and to continuing the important work that both countries carry out together. After the bilateral talks, President Lai and President Heine witnessed the signing of a letter of intent regarding sports exchanges and a memorandum of understanding regarding the Presidents’ Scholarship Fund by Minister of Foreign Affairs Lin Chia-lung (林佳龍) and Marshallese Minister of Foreign Affairs and Trade Kalani R. Kaneko. President Lai then presided over a launch ceremony for a loan program to purchase aircraft, marking the formal beginning of Taiwan-Marshall Islands air transport cooperation. The visiting delegation also included Council of Iroij Chairman Lanny Kabua, Minister of Finance David Paul, and Nitijela Standing Committee on Foreign Affairs and Trade Chair Joe Bejang. They were accompanied to the Presidential Office by Charge d’Affaires a.i. Anjanette Davis-Anjel of the Embassy of the Republic of the Marshall Islands.

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

    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: Yuri Trutnev congratulated the soldiers defending the country on the front lines in Kursk and Donetsk on Russia Day

    Translation. Region: Russian Federal

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

    On Russia Day, June 12, Deputy Prime Minister of the Russian Federation – Plenipotentiary Representative of the President of the Russian Federation in the Far Eastern Federal District Yuri Trutnev met with soldiers of the 155th Guards Marine Brigade in Kursk Oblast and handed them equipment and gear.

    “Russia Day is a holiday for all patriots of the country. We remember the formation of our Motherland, its history, the exploits and heroic victories over the enemy of our ancestors, how our state was strengthened. Now Russia is conducting a special military operation – we are once again defending our independence, our view of the world, the future of our children. Everyone contributes to the common victory – those who defend freedom on the front lines, and those who help in the rear, working as volunteers and collecting humanitarian aid, and those who go as doctors to save the lives of soldiers and civilians. Our guys need common support more than ever. We are together. We are close. The enterprises of the TOR “Patrioticheskaya” produce equipment and gear for the front. We will continue to help until our country wins,” said Yuri Trutnev.

    On the instructions of Yuri Trutnev, another batch of weapons, uniforms, and vehicles were delivered to the commanders and servicemen of the Russian army, including those from the Far East, at the front line in the special military operation zone.

    The fighters were given products from the enterprises of the Patriotic TOR. They received FPV drones from Yakut and Transbaikal manufacturers, electric enduro motorcycles Timir AT from Yakutia, and all-terrain snow and swamp vehicles from the Yakut enterprise OOO Yakt-Sokol. It should be noted that for their active civic position and assistance in conducting a special military operation, the companies Timir AT and Yakt-Sokol were awarded the public and business prize Star of the Far East in the category Everything for Victory.

    The fighters received ground robotic systems (GRS) “Courier”. The systems were created by a resident of the “Patrioticheskaya” priority development area in Buryatia. The fighters also received DJI Mavic 3 Thermal quadcopters – industrial drones equipped with thermal imaging and digital cameras. Ammunition for high-precision sniper systems, smoothbore guns for combating enemy drones and ammunition for them, and electronic warfare systems “Kapyushon” were sent to the front lines.

    On June 13, Yuri Trutnev held a meeting with the command staff of the Eastern Military District, met with officers and soldiers of the 14th separate guards special purpose brigade, and soldiers of the volunteer detachment – civil servants of the Far Eastern regions. The servicemen and volunteers were given products from the residents of the Patriotic Priority Development Area: Yakt-Sokol all-terrain vehicles and Timir AT electric enduro motorcycles, quadcopters, electronic warfare and electronic reconnaissance equipment, optical observation devices, thermal imaging sights, anti-fragmentation suits, smoothbore guns for combating enemy drones, and ammunition. Kuryer NRTKs were sent to the front lines for servicemen of the Eastern Military District and Far Eastern volunteers.

    In total, 4,590 FPV drones were transferred during the trip to Kursk and the DPR, including 2,090 units from the manufacturers of the Patriotic TOR. In addition, 106 Timir AT electric enduro motorcycles, 19 all-terrain snow and swamp vehicles of Yakt-Sokol LLC, 10 Kurier ground robotic systems, 15 Kharon thermal imaging sights, Dozor-1 surveillance devices, Venox Patriot thermal imaging sights, Nightforce optical sights, anti-fragmentation suits and other equipment and ammunition were transferred from the residents of the Patriotic TOR.

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

    MIL OSI Russia News –

  • MIL-OSI Australia: Coordinated raid of alleged illegal waste activity

    Source: Tasmania Police

    Issued: 16 Jun 2025

    Open larger image

    Queensland officer executing warrant in Forrest Lake

    A compliance operation has seen the successful execution of 10 search warrants simultaneously for alleged illegal waste activity in Forest Lake.

    Public reports to the Pollution Hotline alerted the Department of the Environment, Tourism, Science and Innovation (DETSI) to the suspicious activity.

    Information indicated that several operators were acting illegally by receiving and handling waste without an Environmental Authority (EA), including vehicle wrecking and receiving scrap metal and construction waste including asbestos and end-of-life tyres.

    An EA provides businesses with conditions they must comply with to manage environmental risks associated with their operations.

    Unlicensed waste operators present significant environmental risks, not to mention unfairly undercutting lawful operators who are meeting their environmental obligations to protect our environment.

    After comprehensive planning, on 10 June 2025, DETSI led an operation with the support of the Queensland Police Service, to collect evidence about alleged illegal activity.

    Strong enforcement action will be taken against unlicensed activities, with fines of $16,690 for a company. DETSI also typically orders unlicensed operators to cease or reduce their operation to meet the permissible thresholds.

    Executive Director at the Department of the Environment, Tourism, Science and Innovation Brad Wirth echoed the success of the operation.

    “This is not the first successful compliance operation of its kind, and it certainly won’t be the last.

    “It took a lot of preparation to orchestrate this operation; it is a complex project and the safety of our staff and those operating at the premises is our top priority.

    “Improper waste handling can impact the environment through the release of contaminated water, increased fire risk and dust and noise nuisance impacts, which is why these activities must be licensed.

    “Let this serve as a warning to waste operators who think they are above the law: it is not worth the risk.

    “Enabling illegal activities to occur not only has detriment environmental impacts, but it is also unfair to operators who are complying with their environmental responsibilities – something we do not take lightly.

    “We will continue to take strong compliance action against operators and individuals allegedly engaging in illegal activity.”

    MIL OSI News –

  • An overview of Iran’s main gas field and oil infrastructure

    Source: Government of India

    Source: Government of India (4)

    Israel struck an installation at Iran’s South Pars gas field on Saturday, the first attack on Iran’s oil and gas sector as part of what the Israeli government had warned would be a prolonged operation to prevent Tehran from building an atomic weapon.

    Iran has partially suspended gas production from the South Pars field, Iran’s portion of the world’s largest natural gas reserve, which lies beneath the Gulf and is shared with major gas exporter Qatar.

    Israel also struck a Tehran fuel depot and an oil refinery near the capital on Saturday, Iran said, but authorities said the situation was under control.

    Following are some facts on the country’s energy industry, exports, and the impact of previous Western sanctions.

    WORLD’S LARGEST GAS RESERVE

    Iran produces natural gas from the offshore South Pars gas field, which makes up around a third of the world’s largest reservoir of natural gas.

    Iran shares the reservoir with major gas exporter Qatar, which calls its field the North Dome.

    Sanctions and technical constraints have meant most gas Tehran produces from the South Pars field is for domestic use in Iran.

    Iran’s total natural gas production totalled 266.25 billion cubic meters in 2023, with domestic consumption accounting for 255.5 bcm, according to data by the Gas Exporting Countries Forum, a grouping of gas exporter nations.

    About 15.8 bcm of natural gas were exported, the Forum said.

    Saturday’s attack struck four units of Phase 14 of South Pars, around 200 kilometres from Qatar’s gas installations, many of which are joint ventures with major international energy firms, including U.S. giants ExxonMobil and ConocoPhilips.

    Doha has made hundreds of billions of dollars exporting liquefied natural gas to global markets for nearly three decades.

    The entire reservoir contains an estimated 1,800 trillion cubic feet of usable gas – enough to supply the entire world’s needs for 13 years, or to generate enough electricity to supply the U.S. for more than 35 years.

    SANCTIONS AND OPEC

    Iran’s oil production was at its peak in the 1970s, with record output of 6 million bpd in 1974, according to OPEC data. That amounted to more than 10% of world output at the time.

    In 1979, the U.S. imposed the first wave of sanctions on Tehran. Since then the country has been the target of several waves of U.S. and European Union sanctions.

    The U.S. tightened sanctions in 2018 after Trump exited a nuclear accord during his first presidential term. Iran’s oil exports fell to nearly zero during some months.

    Exports rose steadily under Trump’s successor President Joe Biden’s administration, with analysts saying sanctions were less rigorously enforced and Iran had succeeded in evading them.

    Iran is exempt from OPEC+ output restrictions.

    WHO IS THE MAIN BUYER OF IRANIAN OIL?

    Iran’s crude exports have risen to a multi-year high of 1.8 million bpd in recent months, the highest since 2018, driven by strong Chinese demand.

    China says it does not recognise sanctions against its trade partners. The main buyers of Iranian oil are Chinese private refiners, some of whom have recently been placed on the U.S. Treasury sanctions list. There is little evidence, however, that this has impacted flows from Iran to China significantly.

    Iran has for years evaded sanctions through ship-to-ship transfers and hiding ships’ satellite positions.

    PRODUCTION AND INFRASTRUCTURE

    Iran, the third largest producer in the Organization of the Petroleum Exporting Countries, extracts about 3.3 million barrels per day of crude oil, and another 1.3 million bpd of condensate and other liquids, totalling about 4.5% of global supplies.

    It exported about 1.8 million bpd of crude and condensate in May, close to a 2018 peak, according to Kpler, processing the remainder of its production in its domestic refineries with a total capacity of 2.6 million bpd, according to consultancy FGE.

    It exported nearly 750,000 bpd of oil products, including LPG, in May, according to Kpler.

    The country also produces 34 billion cubic feet of gas per day, according to FGE, accounting for 7% of global production. All gas is consumed domestically.

    Iran’s hydrocarbon production facilities are primarily concentrated in the southwest, in the Khuzestan province for oil and in the Bushehr province for gas and condensate from the giant South Pars field.

    It exports 90% of its crude via Kharg Island.

    Analysts say Saudi Arabia and other OPEC members could compensate for the drop of Iranian supply by using their spare capacity to pump more. However, with a number of producers in the group currently in the process of raising output targets, their spare capacity is becoming more strained.

    (Reuters)